How I Took A 6 Figure Loss & How to Spot Red Flags in Business & Avoid Costly Mistakes
Millionaire Mindsets
Xavier Miller
4.8 • 1.5K Ratings
🗓️ 9 January 2025
⏱️ 61 minutes
🧾️ Download transcript
Summary
In today’s fast-paced world, making the right business connections is more crucial than ever—but how do you know when to trust someone or when to walk away? In this episode, we dive deep into the art of discernment, exploring why it's an essential skill for navigating business relationships in 2025. We share personal stories of losing six figures in a bad business deal and the red flags we missed along the way.
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Transcript
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| 0:00.0 | Let's talk about something that might be keeping you up at night. Cybersecurity. According to Vantar's latest state of trust report, it's the number one concern for UK businesses. That's where Vanta comes in. Whether you're a startup, growing fast or already established, Vanta can help you get ISO-2701 certified and more without the headaches. |
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| 0:34.3 | Stop stressing over cyber security and start focusing on growing your business. For a |
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| 0:47.1 | slash go for $1,000 off. Because when it comes to your business, it's not just about keeping the lights on. |
| 0:53.7 | It's about keeping |
| 0:54.4 | everything secure. Yo, what's up everybody? Welcome back to the greater show of Nerf, |
| 0:59.0 | the Millionaire Minds, podcast. I am your gracious host, Xavier. I want to start the show off by saying, |
| 1:03.6 | Happy New Year to all the listeners or watchers. Have you been tapped in with us over the years? |
| 1:07.8 | We greatly appreciate y'all listening, showing y'all support. We don't take |
| 1:11.1 | that lightly. So I wish, happy to do you today. It was going to be amazing, 2025 and getting |
| 1:16.0 | right to it. But before we start this episode, I'd like to advise all the listeners, watch us, |
| 1:19.8 | please subscribe, hit that like button, five star rating review. Do all those things. Y'all know we're |
| 1:24.2 | trying to run those numbers up this year. So if y'all can do that, I would greatly appreciate it and getting right to the show. |
| 1:29.5 | So today's episode, this is going to be, this is going to be a real, this going to be a real |
| 1:32.6 | good episode because I feel like this episode is something that needs to be talked about, needs |
| 1:37.1 | to be addressed. |
| 1:37.8 | And I got a very special guest on this episode with me. I got my bro KG, the owner, Co-Sign. My God. We're going to the show. We live in the studio right now, making this episode |
| 1:48.2 | happen. So, welcome to the show, bro. I'm glad to have you here. You know, you've been on before. |
| 1:51.5 | Man, I have, bro. So I appreciate you having me on again, man. We've got a lot. It's been a lot, bro. And I say a lot is an understatement that has happened since the last time you've been on the show. And I feel like this episode is extremely necessary because moving this is a 25. It's a lot of, this is a, it's uncertain times for a lot of people when it comes to finances and stuff like that. So some people get desperate and they do things that they might not have no business |
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