“The magic formula is to find a smart path, then work hard when you’re on it”
Johnny FD
In this episode we do a much anticipated deep dive into co-host Johnny FD’s personal story on how he got started by investing in himself way before he ever bought REITs or ETFs. Most importantly how he made his first dollar even before what he’s already shared. He talks about the life lessons he learned from his parents, his first job and how all of that played a part in preparing him for success.
Listen to ILAB 23 on iTunes here or subscribe on your favorite podcast app.
ILAB 23 Show Notes
Relevant links for guest:
JohnnyFD.com
http://antonmethod.com/
Where are we:
Sam – Graz Austria
Johnny – Chiang Mai Thailand
Recommended:
ArtofFX – start with just a $10,000 account (reduced from $25,000)
Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK)
Wealthfront – get your first $15,000 managed free
Betterment – get up to 1 year managed free
RealtyShares – try it free with ILAB link
Recommended (books, subscriptions):
Johnny FD – LifeChangesQuick.com
Johnny FD – 12WeeksinThailand.com
Tim Ferriss – 4 Hour Work Week
Discussed (relevant links):
Digital Entrepreneur Conference – Nomadsummit.com
Muay Thai Blog – Myfightcamp.com
Broke? Here’s How to Start Making Money Online!
ILAB 02 – From $1k to Future Millionaire: Johnny FD’s Investments
ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites
Time Stamp:
01:00 – Life on a 12-day Europe cruise line
06:30 – 500-person Digital Nomad Summit Conference
08:00 – From lower class to making $2,000 a day
11:45 – Cost of living in California
12:00 – Jobs after college
14:00 – Moving to Thailand as a Dive master
15:21 – Bootstrapping on $600 per month
24:54 – Mid life crisis at 30 years’ old
28:00 – Developing the Entrepreneur Mind-set
30:00 – Pursuing my Muay Thai Kickboxing career
33:45 – Publishing my first Amazon E-book
43:00 – Meeting my first mentor
46:40 – Interviewing 100+ Digital Nomads
47:10 – Starting my first dropshipping store
49:10 – Affiliate marketing and fulfillment methods
56:00 – Making $2,000 per month on my first dropship store
57:00 – Why many fail at dropshipping
1:04:00 – My net worth of $300,000
1:07:00 – Starting 10 dropship stores in 3 months
1:13:00 – Advice for inspiring investors
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