Listen up, guys.
Kris Krohn here.
And today, we're talking about how to do financial planning analysis.
And I'm about to do some lads sparring with one of the best advisors out there in the
game.
Alright.
So, check it out.
I'm just messing with my buddy.
Listen, Rob Gill, seriously.
This guy is the man of Epic Wealth.
And I couldn't think of a better guest to bring on when talking about how to do financial
planning analysis.
And it feels little bit like sparring sometimes, right?
-Yeah.
Exactly.
100%.
And financial planning analysis by paralysis could put you in a bad estate if you don't
have a proper strategy.
-Boom!
I think you just dropped some nuggets right there, man.
So, guys, today, we're going to talk about the 3 steps of how you actually do an analysis
with financial planning.
Now, just because I'm messing around, I need you to understand the level of success that
this man and his organization have.
There's no messing around.
The reality is this guy runs my entire back end financially.
So, when I'm not doing all these stuff in real estate, these are the guys who manage
my money.
I'm introducing him to you today because every real estate investor...
Even before you made your first dollar needs to have a back end team of people financially
smarter than you.
These guys are crazy much smarter than me.
And that means that I get to be the smartest guy in the room.
Because like Henry Ford said, "You surround yourself with the smartest people."
So, Rob, you're the smart guy.
Break down the 3 steps of the financial analysis plan.
-So, for awesome, when we deal with Kris and we understand this whole operation so he can
do what he does, we want to focus on gathering all the financial data first.
We want to take that data and put it on one landing page so we can organize it in the
most efficient, the most effective manner possible.
So, when you see it, it set a click of a button.
It's real time and it's constantly updating.
-Okay.
Now, by the way.
This is kind of weird because that's not normal in the industry.
Normally it's like, "i got to gather this from here.
And I got my files here.
And I got to grab my paper here.
And I made my password there."
But you guys actually pull your entire financial picture into one log-in so with any given
time and moment, you can see everything that's going on.
That's pretty awesome.
So one, you got to get organized.
Super organized.
You guys got that down.
-Absolutely.
What's step 2?
-Once we're organized, then once we look at the data and understand what your core values
are.
You know, from a financial standpoint, we want to then go back to the laboratory which
I like to call the...
-Pause!
When he says what your core values are, they're my core values.
This called "Make a lot of money in Real estate", Okay?
It's about you being in charge of your financial destiny and not putting that in any one else's
shoulders.
It's on your shoulders.
-Take that and rewind it back.
Take that and rewind it back.
-Yeah.
I don't know what it says.
Alright but okay.
For real though.
Step 2 is once you're organized the you got to what?
-So we're going to comeback and we're going to understand what your goals and objectives
are within the core value of your world.
Come back with the strategy and a solution that's based on what you're looking to accomplish.
Awesome.
So, guys, coming back with that, I want to help you understand something.
Most financial planners, I would never get near, I would never touch because all they
do is manage your money for fees.
Getting back to where money coming in and at the end of the day, if you were to say,
"When can I retire?"
You never going to get a straight answer.
Because they're in the business of getting paid to manage money.
Not help you hit an objective.
So, what's so different about what you guys is incredible.
Explain that.
-I will.
That's a great point.
So what Kris is taking about is really a cookie cutter approach plan to planning where, "Hey,
this is what you're going to do and this is what everybody else does."
-"401k, blah, blah, blah."
Come on, man.
This is not going to get me where I want to go.
-Exactly.
Because it's not tie in to who you really are.
So, we customize plans by understanding what you're really looking to accomplish, where
you are today.
What you've done and where you want to go.
And tying it into the models and methodologies with the scientific approach to get you there
from the most tax efficient manner complimenting real estate, Kris Krohn, Limitless strategy
of the science of success that he has put together.
-Okay.
That went on sentence needs to be rewind and re-listened to.
Here's what you and I know.
Because listen, you're a subscriber to my channel, right?
And if you are, you know that, goal number 1 is the only way you're going to become financially
free is if you know how much money you got residually have to live life on your terms
the way that you want to be living.
So, for example, my wife and I, when we have $10,000 a month residually coming in, I can
quit my job.
It's 4 and a half years.
I had 12,000 a month, I quit my job.
Best day of my life.
And that I tripled my income because I had no idea what I was capable of once I finally
get rid of that monkey on my back.
Felt more like an 800 pound gorilla.
-Absolutely.
-You guys understand when they say what your goals and objectives are, we know what that
means is "My assets producing a residual that creates a freedom for me."
So, our next step is constantly measure and see where you're at rewarded and really celebrate
your successes and then move forward to the next fable of what you want to do.
-So, when we're talking about analysis, you've got to be able to actually go back and look
at the plan and revisit it and rebalance it and say, "Hey..."
For example, look guys.
Little bonus here, okay?
One of my favorite strategies most people don't know is that I have my own bank.
I don't go bank at some old bank down the street.
I have my own bank.
These guys actually set me up with a bank that actually pays me on average 4-5%.
It's untouchable.
I can access it and use this thing.
And guess what I do?
I store money in it and then I pull it out and I put it in real estate and I earn money
in 2 places at once.
Creating massive dual protection and dual taxes.
It's crazy.
So, for example step 3 here, I might do that for 6 months and then we put our heads back
together.
It's like, "Hey, you set something aside.
It's time to dump that into real estate.
Let's go."
-Yes.
-Because the real goal is assets that perform that help you have the residual income that
takes care of you.
So guys, I'm not confused here.
And I know that Rob isn't either.
These 3 steps, they're super important to understanding how to do a financial planning
analysis.
And listen, if you want to have a chance to actually work with...
These guys are...
I call them "My Team."
I'm probably their team.
I don't know which it is.
But if you want this team to be your team, if you want my team to be your team, that's
going to cost you nothing.
I've actually...
This is kind of a cool thing.
They did this for me.
I asked if they would do it for you.
And what they do is if you click the link in the description below and say, "Hey, I
want to know what it's all about.
What's Kris Krohn really doing with his money?"
They do the same thing for you.
Now, if you're setting money aside every month.
Call it even 50 bucks, 100 bucks.
Not a lot.
If you're setting something aside, something to go to real estate or something.
Or you're like, "Pff!
Kris, I got hundreds of thousands sitting in my 401k.
Or doing nothing for me, it doesn't pay me anything."
These guys are the ones to talk to.
So click the link in the description.
Fill up the information.
Clickity-click.
And they're going to be contacting you and saying, "Alright.
Let's do your financial plan analysis."
And they're going to do that as fiduciaries.
Which means legally they can't get paid any funny backdoor money.
No monkey business like most people in the industry have.
These guys are on the top percentile of success planners.
That's why I selected them.
And I'm so excited that they now get to be your team.
Any final words of wisdom?
-Just give us a call.
We'll take the transactions to show you where you want to go based on where your goals and
objectives are.
And put a map together for you that's really simple, understandable and could do the back
of the map like a 5 years old.
-Dude, Ron, thank you so much buddy.
Listen guys.
Make sure that you guys subscribe.
Ring that bell.
We'll be seeing you tomorrow.