Ep90: Cost Vs. Value - Marco Kozlowski
Big Fat Real Estate Checks
Marco Kozlowski
5 • 957 Ratings
🗓️ 7 June 2021
⏱️ 27 minutes
🧾️ Download transcript
Summary
Is it the cost of things that matters? Or is it the result that matters? Depending on the results you get, something that costs 1 million can be too expensive or too cheap. Join us today with Marco and his co-hosts to get some insights into the correlation between cost and value.
EPISODE SUMMARY
- Relationship between cost and results
- Investor mindset vs. consumer mindset
- Determining what's expensive for you
- The value and cost of education
- Not being open to opportunity cost
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Transcript
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| 0:00.0 | If you focus on what things cost, you're never going to make any more money and it's a huge |
| 0:04.1 | mind shift for some and it's something that some people can't get across because they're so |
| 0:08.1 | focused on saving, you're not focused on making and I'm not disagreeing that saving money is |
| 0:13.4 | important because every penny saved is a penny earned obviously. Welcome to the big fat real estate |
| 0:21.5 | checks podcast with Marco Kuzlowski where we help investors like you get the knowledge and skills |
| 0:27.1 | you need to replace your J-O-B with passive cash flow for life. Hey everyone, welcome to big fat |
| 0:34.9 | real estate checks. My name is Marco Kuzlowski. I'm here with Gabriella Laresha in Francesco Galuccio |
| 0:41.4 | where today we're going to go into investor mindset versus consumer mindset. Looking at what |
| 0:47.1 | things cost versus what you actually make and this is a topic that's long overdue I think. Now that |
| 0:54.4 | we're well into our 80s in the episodes and we always look back at what people say comment |
| 1:00.0 | and snicker at when we interact with people that are either in the program or outside of the |
| 1:04.8 | program and they're always, we're always actually scratching our head wondering how are people |
| 1:10.3 | thinking because this doesn't make a lot of sense and one of these objections or concerns is |
| 1:16.0 | why is the cost of the program that we have or cost of mentorship so high? Why is it cost just |
| 1:21.3 | over $2,000 or just over $3,000 or if you work with me directly it's almost $200,000 and why is it |
| 1:28.4 | so much? Does it make any sense? I would ever pay that much to do anything of that nature and yeah, |
| 1:34.5 | so let's talk about how much things cost versus what people actually receive or what the results are. |
| 1:39.6 | So let's get into that conversation. I don't know who wants to start first. I never really made it |
| 1:43.9 | past six months of Cigeppe which was free so in Quebec and six months of that and that's about it. |
| 1:50.3 | So Canadians don't spend a lot on university or college so it's free. We're almost free. |
| 1:55.2 | Although Canadian is free. Maybe Quebec is free. Well, it's not free but it's practically free. |
| 2:00.3 | If you tell them, I'll give you context. That's Ivy League. That's Ivy League Canada. |
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