Wealth-Building Made Simple

On this episode loan officer Lisa Morris (On Time Lending) and I answer questions on getting your money right to buy property.  
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
FAQ about Stone Hill Wealth Management
 
 

I had the chance to go live to talk about Marriage and Money in the "Unbreakable Coard (Marriage Ministry)" FB group.
It was a live Q&A.  
Here are a few questions that were asked: 
1) Should we combine finances, manage separately or some combination?
2) How do I get my spouse serious about being financially responsible?
3) Should one spouse pay all the bills and the other spouse do what they want with their money?
4) How should we handle decisions about money with children from another marriage?
This is one of the toughest topics to speak on because of the huge impact money has on marriages. 
Enjoy it and let me know your thoughts.  
 
This episode is brought to you by Stone Hill Wealth Management

No contribution limits
Variety of investment options
Able to use for multiple goals (retirement, college, start a business, buy property, etc.)
No penalty for accessing your money
 
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
FAQ about Stone Hill Wealth Management

For the last few years my buddy David Darty (owner of Starchie's cleaners in Cedar Hill, Texas) and I have meet Friday morning coffee to discuss business strategy, investing, and marketing. 
We've had some interesting and mind expanding conversations and have been looking for ways to let others into the conversations we have weekly.  
That led to a 5 to 7 episode Vlog on a Facebook page we created (Capital Hill Vlog) then we got too busy.  
Now (when we can) we are going to just go live on Facebook and post the recordings on my podcast.  
I hope you get a nugget of wisdom (or just a good laugh from our occasional banter).  

“Most people overestimate what they can do in one year and underestimate what they can do in ten years.” -Bill Gates
This is one of my favorite quotes to go back to when I'm feeling impatient and anxious because I'm not hitting my short term goals.  
It's easy to look for short cuts, get discouraged, and/or quit when you don't feel you're where you should.
My guest today lives that Bill Gates quote. 
His stage name is RIFICA (He's a Christian Hip Hop artist from Houston, Texas...my hometown).
We discuss his current journey to make his impact on the cutlture through Hip Hop, acting, and modeling.
Enjoy the episode and let me know your thoughts.
 
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

So many of the professionals I meet day to day who are making incomes significantly above average are involved somehow in tech...and I'm not talking about start up founders.
I'm going to start interviewing many of those professionals to showcase other "non sexy" ways to get into tech for those interested.
On this episode I interview Bo Amao who is a M&A IT project manager (a profession I didn't even know existed until 3 weeks ago) and we discuss his career, how he got into, and what to do if this type of career interests you.  
Enjoy!
Warning: We did go a little nerd for a few minutes during the interview.  Don't judge us!
 
 

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

"Should I downsize when I'm close to retirement?"
"How can I use my home equity to improve my plan to retire?"
"How much should I put down when I purchase a home?"
"How much should I put down when I purchase an investment property?"
"Should I do a 15 year or 30 year mortgage?"
These are the five questions my guest, Shirley Caldwell-Ross, answer on this podcast.  
Let me know if it's helpful!

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

The Dallas start up scene is heating up and I'm meeting so many tech entrepreneurs with big visions for shaping the future.  
Cletus Moffi is another DFW tech CEOs (S'PY Global Inc.) I've recently met who along with his co-founders is building a ride sharing platform specifically for DFW. 
You will learn a lot from this brother.  I know you will enjoy it.  
 
 

Before it's all said and done, technology is going to change the way EVERY industry does business.
What we see happening today is the just the beginning.  
In this episode I speak with Anthara Patrice, CEO of "My Beauty Fill", about how she is using tech to improve the beauty industry.  
If you're in the beauty industry or just interested in tech start-ups, I believe you will enjoy this episode.  
 
 

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"
 
 

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

So many people want to be entrepreneurs these days. 
Many believe if you're good in business (or want to be good in business) then entrepreneurship is the only route.  
Not true. 
There are many great executives who in my opinion are among the some the best business people of all time who never started their own business:
Jamie Dimon (CEO of Chase Bank)
Sheryl Sandberg (COO of Facebook)
Jack Welch (Former CEO of GE in their HeyDay)
Ted Sarandos (Chief Content Officer of Netflix)
To name a few.
My guest today, Jesse Jackson, is one of those superstar executives with a great business mind.  
I believe anyone interested in growing as a business person will get a ton of value from this episode.  
Enjoy!

So many people want something for nothing.  
Love with no sacrifice.
Financial independence without investing.
The profits of a successful business without putting in lots and lots and lots of emotionally painful work.  
Let me let you in on a secret...counting on getting something for nothing is a bad strategy.
Just about everything worth it in life takes work and that's the main message of today's Podcast guest Benaisha Poole-Watson (Co-owner of the Bailey Watson Real Estate Group)
She is dominating the local real estate market here in DFW and I'm confident you will learn something by listening.  
 
 
 

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

The only way to grow and maintain a successful business is by having good, qualified people to help you execute your mission.
On this episode I get a chance to speak with the CEO of Crown Consulting Services, Tiffanie Plummer, about how to attract and retain those people.  
This is one of my weaknesses in business so I definitely enjoyed this conversation and learned a lot. 
I know you will as well.  
 
 

What's the difference between a copyright, a patent, and a trademark?
I literally didn't know the difference before this interview with Intellectual Property Protection expert, Kandace Walter (Owner of Walter Legal PLLC).
On this episode we also discussed how to think about protecting your IP in this internet society where information, pictures, and videos are shared so freely.
If you think your business has intellectual property you would like to protect, you will really enjoy this episode!

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Retirement Investing 101 series: Investing Myths
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

"The Country Club" for me is the Starbucks off 1382 in Cedar Hill (TX).
I know when I show up every Friday for my weekly business accountability meeting with my buddy David Darty, who owns a local dry cleaner, we will spend a few minutes talking trash to a group of "wise men with lots of experience in life" about sports teams and philosophizing on how to fix the current problems with world.  
It's a highlight of my week.
One Friday, I walked in and there was a police officer in uniform sitting down and joining in on the trash talk. 
They called me over to join in and introduced me to the new Police Chief of Cedar Hill, Chief Ely Reyes.  
I was impressed how he held his own in the back and forth banter and was also into Podcasting, so I asked him to come on the podcast to talk about how he planned to keep Cedar Hill safe with all the new excited changes happening in the city.  
This is that interview.  
If you're a Cedar Hill resident or just interested in how law enforcement keeps a city safe, you will enjoy this interview. 
 
 

Today's question was asked by my cousin Charleston Phillips (AKA "The Legendary Yeti") DJ and Podcast host of "Sunday Music Study"
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

Every summer as far back as I can remember, my Pops made me read books on African Americans who achieved the unthinkable throughout history. 
I was not allowed to go outside until I read at least one chapter and wrote a one page report on what I read. 
At the time, it felt like a pointless annoyance.  As I got older, I began to truly appreciate the blessings those summer homework assignments sowed into my life.
One of the biggest blessings was an unrelenting confidence that NO PERSON was better than me and that despite the obvious prejudices in our society, I could do anything I put my mind to.
(Side note...One petty, but useful blessing was that it's next to impossible for someone to get into a political debate with me and give me fake news around the history of when America was "great".)
It's only natural, that I want to bless my two sons the way my pops blessed me, so I bought a few books for children from a local (Fort Worth, Texas) company called, Melanin Origins.  
My boys loved the books and learned a lot.  
I'm was so impressed with what the brothers who co-founded Melanin Origins are doing to educate our youth on African America heroes that I asked the CEO Louie McClain to come on the Podcast.    
It was an absolutely great episode!  

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

In the noisy world of social media, it takes some hard work to get 10,000 REAL PEOPLE to follow you.
It takes talent to also have your community actually view and engage with your posts.  
There are many reasons people want 10,000+ followers on Instagram (or any other social media platform).  
Some people just want the admiration.
Some people want to build a brand.
Some people are interested in using the attention to sell more of their goods and services.  
Whatever your reason, I believe you will get some value out of listening to this episode where Instagram expert Brandon Moore (@Mooreindallas on Instagram) and I discuss marketing and branding in the digital age.  
Enjoy the conversation.  

Successful real estate investor Keith Stone and I hosted a live Q&A session on buying and selling real estate on April 22, 2019 in Cedar Hill, Texas.  
This the last 20 minutes of the session which included the following questions:
What should I do with my home in Mansfield?
How much in cash reserves should I have before I buy a rental property?
Should I sell my home now?
Where should I reinvest the proceeds from the sale of my home?
And more...
You will see why Keith was able to retire himself from his corporate job by acquiring 20+ properties before becoming a real estate agent.  He is one sharp professional.  
Enjoy the episode!

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

This is the the worst time in the history of America to be a lazy person.
50 years ago you could live in America (or some other developed country), be lazy and still a descent job because the internet wasn't at scale yet (if it was even invented).  
Today, if you don't develop skills relevant to the changing economy, you are going to be exposed financially and "robots" or other skilled professionals in countries with cheaper labor will take your job...And contrary to what they tell you, there is NO POLITICIAN who can save you. 
They couldn't save blacksmiths, horse and buggy drivers, paper boys, borders, blockbuster, or any other people or companies in the past who didn't adjust.  
At the same time, it's never been easier to develop skills relevant to make the transition if you drop the entitlement mindset, and get to work.  
In the episode, I speak with Felecia Pittman, CEO of Pittman Training and Staffing, about how to make the transition in the new world we are moving into.
And for those of you who think you're safe...the transition is just getting started.  No one is safe that isn't making a conscious effort to adapt to this fast moving digital world.  
Enjoy this episode.  I know I did.

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

I would be absolutely miserable if I hated Sunday nights or Monday mornings.  
If you don't love what you do, it's kind of hard to be truly happy because we spend SO MUCH of this one life we get working.  
The good news (in my opinion) is that it's never been easier to do what you love.  
There are people making a living literally playing video games all day, selling slime, or reviewing toys on YouTube...just to list just a few.  
It may take some introspection, courage, and some short term pain to get to a point where you are doing what you love, but trust me...it's worth it!
My podcast guest on this episode, local (DFW) music legend Don Diego, has been getting paid to do what he loves for the last 30 years.  
He has a great story and I learned a lot.  
I'm sure you will enjoy this one.  
https://www.dondiegojazz.com/

Ladies will find a way to look good in good economies and bad economies which is why it's an industry I pay close attention to for my investment business.  
In this episode, I talk with Shemieka Pitts, owner of Salon Hairtopia, to discuss the current state of the hair business and lessons she's learned along the way. 
Believe it or not, I really enjoyed learning about how to maintain healthy hair and how to manage a hair-care business.  
Enjoy!

I'm pretty sure I'm never giving up bacon, fried fish, or Sweetness's (My wife) peach cobbler.  
That being said, I'm making it a point to do a better job of eating healthy 80% of the time so I can enjoy AMAZING food 20% of the time guilt free.  
This is what lead me to interview Kristi Andrew and Louis Edmond, the co-owners of Manna Juice Bar in Mansfield, Texas. 
A juice bar literally right outside of my neighborhood.
The juices and shakes tasted great and I learned alot about the juicing business. 
If you're health conscious, you're going to enjoy this episode.    

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"

A previous podcast guest, Kendra James Episode 105, pointed out that there's a difference between knowing how to make money and knowing how to manage the money you make.  
In this episode, me and Peter Yobo (Managing Director of TYG consulting), basically have a recorded brainstorming session on how to think strategically as a business to improve your bottom line.  
Lots of nuggets dropped!
 

If you invested $100,000 at an average annual return of 8% a year, your original $100,000 investment would be worth a little over $1,000,000 in 30 years. 
In this episode, I go over a few ideas on how to save up an extra $100,000.
 
This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"
 

Brand is another word for reputation and for as long as I know, humans have done business based on reputation.  
On this podcast, I invited Nicole Smith, CEO of Smitn Marketing and Consulting (not a typo) why branding is important and her expertise in working with organizations to help them build their brand.  
Here's a little bit about her in her own words from her website bio:
"I started Smitn to help clients just like you – founders, solopreneurs, and professionals who are great at what they do, but need help to get the attention they deserve. Some of the biggest brands in the world have trusted me to develop, grow and protect their brands. Let’s put that experience and know-how to work for you.
A little more about me…
After graduating from UCLA I spent the early years of my career in entertainment marketing, including six years with The Walt Disney Company. After earning my MBA from the University of Michigan, I joined the San Diego Padres as Director, Brand Development, where I had oversight of all marketing and branding initiatives. Following my time in San Diego, I moved to Daytona Beach to drive NASCAR’s effort to appeal to a younger and more diverse fan base as Senior Director, Growth Segment Marketing. In May 2016, I relocated to Dallas to lead marketing and fan experience as the CMO for Dallas-Fort Worth’s WNBA team."
 
Lots of good stuff in this episode.  I know you will enjoy it. 

Even-though I earned good grades in school, I told my Dad I didn't want to go to college because I didn't see how it would help me become a successful business owner.  
My young often overconfident brain couldn't comprehend how someone who wasn't an entrepreneur could charge me all this money to teach me how to do something they've never done before. 
Well if you have black father you know that didn't fly, so I went to college, graduated, and racked up student loan debt (that I'm still paying off). 
There aren't many things I can go back to my Pops and say that I was right about, but this is definitely one of those topics I haven't budged on. 
As a matter, after years of meeting many financially successful, happy people with no college degree and meeting too many people with Masters degree and PHDs with no money in the bank, I think it's solidified my thoughts around our OVERPRICED education system.  
I'm not saying it's not for some people.  What I'm saying is it's not for everyone and it's definitely way to expensive for the value it provides.  
My buddy Jeff Postell, owner and CEO of "The Post L Group" and I talk about the benefits of alternative career paths.  
 

Have you known someone who throws off so much positive energy that every time you are around them or talk to them their energy stays with you for a while?
Dr. Brad Bellard is one of those brothers.  
He is the founder and CEO of Dr. Brad MD LLC where he instructs and inspires other professionals to maximize their performance so they can experience peak levels of professional success and personal fulfillment. He has an absolute passion to create transformation in individuals that want more out of life so they can realize the best version of themselves. He focuses on coaching successful professionals on the principles and tools needed to achieve even higher levels of results, purpose, and fulfillment. He is a best-selling author and sought-after keynote speaker, delivering impactful messages on topics including elite performance, purpose clarity, resilience, and his personal story of going from ordinary to extraordinary.
Dr. Brad is also a double-boarded Emergency and Sports Medicine physician. He has served as a team physician for multiple professional teams including the National Basketball Association Dallas Mavericks. As a non-operative sports medicine specialist,he helps people of all activity levels achieve their fitness and lifestyle goals by using cutting-edge medical procedures to avoid surgery, decrease pain, and improve function for his patients. He also serves as regular guest on the Dallas affiliate of ESPN 103.3FM radio show, “Inside Sports Medicine”, where he helps to educate and inform the general public on sports medicine topics ranging from diagnosis, treatment, and the business side of medicine.
 
Dr. Brad is a Magna Cum Laude graduate of the Honors College at the University of Texas San Antonio and earned his medical doctorate at the University of Texas-Southwestern in Dallas. He completed his Emergency Medicine Residency training at Emory School of Medicine and Sports Medicine fellowship training at Geisinger Health System in Pennsylvania.
 
He is married to his high-school sweetheart, Cristina Bellard, and together they have 3 beautiful children (Reina, Kingston, and Lincoln). In his free – time he enjoys maintaining his physical fitness, reading, and vacationing.
 
Check out his website here: https://drbradmd.com/
Follow him on Instagram @dr_bradmd 

This episode is brought to you by Stone Hill Wealth Management.
www.stonehillwealthmanagement.com
"Are you on track to retire comfortably?"