How I Lost a Million Dollars | Episode 284

Real Business Owners

Trevor Cowley

Business

5 • 704 Ratings

🗓️ 5 November 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Have you ever lost 1.2 million dollars on a high return investment? Are you tired of watching your hard-earned cash slip away in high risk ventures? Then this message might be for you.

In this eye-opening episode of Real Business Owners, Trevor Cowley shares his personal journey through the pitfalls of investment management, drawing on his own mistakes to educate listeners on what to avoid in their investment strategies. He discusses the pitfalls of chasing high returns, the stability of real estate, and the importance of investing in oneself. Tune in to gain practical strategies for navigating your investment journey while maintaining integrity and responsibility.

If you are ready to level up professionally and personally, joinrbo.com

Transcript

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0:00.0	Being an entrepreneur sounds cool, but the reality of building a business is very, very difficult.
0:07.0	Every level that you hit, there's a lot of things that suck that you just won't want to do.
0:11.7	What you're capable of is on the other side I don't feel like it.
0:15.5	And if you're committed to what it is that you're trying to do, nothing is going to stop you from getting there.
0:24.2	Welcome back to another episode of Real Business Owners with myself, Trevor Cowley.
0:28.5	If you want to know how to avoid losing a million dollars like I did, you're going to want to
0:33.8	listen to this episode. I'm going to go over some of the red flags that I should have saw
0:37.3	prior to making some of the investments, and you're going to want to listen to this episode. I'm going to go over some of the red flags that I should have saw prior to making some of the investments, and you're going to want to stick around
0:40.9	to the end so that you know exactly what I'm doing now with the lessons that I've learned
0:45.6	with my money so that I can secure my financial future. As always, if you're ready to level up
0:50.9	personally or professionally, go to join rbo.com. Enjoy today's episode.
0:55.8	You know, when you get to a point where you make a decent amount of money and you have a
0:59.4	little bit of disposable income, one of the things that you want to do, based upon feedback from
1:04.8	gurus or other people that are successful, is you want to take that money and you want to invest
1:10.0	that money. You want your money to make you money. That's like the cool, sexy thing that everybody talks about. And I think
1:15.4	that we're all trying to build businesses and work very, very hard so that we could get to the
1:20.0	point to where we can get a little bit more time freedom and have our businesses either cash
1:24.8	flowing or make enough money where these investments that we've made
1:28.9	from the money that we took from our business is making enough money to create a whole
1:33.5	another level of ease or comfort. And I was no different. It got to the point where, you know,
1:38.9	I was making so much money that it was like, okay, finally, I have an opportunity really to secure my financial
1:46.4	future and never have to lift a finger again and take my money and have it just multiply.
	...

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