Understanding Financial Literacy and the Path to Your First Investment w/ Johnathan Hudson

We have a special episode for you all today, we are joined by Co-Founder of It’s Only Right Foundation, Johnathan Hudson (J-Hud)! Johnathan picks Terrence’s brain of taking that leap of faith to what may feel like a huge investment, your first one to get in the game. From harsh realities to absolute golden nuggets, we are positive you’ll find this episode very helpful in your financial journey. Let us know if you have any questions, and be sure to leave us a rating and review! We appreciate you!

LEARN MORE: www.terrencemurphy.com

Interested in joining our team? www.exptribe.com

Books: Rich Dad Poor Dad, Who Took My Money, Cashflow Quadrant, How to Invest: Become an Investor Robert Kiyosaki & Fanatical Prospecting by Jeb Blount

 

Timestamps & Show Notes:

(0:00 - 3:41) Introduction to Johnathan Hudson

(3:42 - 5:13) Johnathan’s Next Step

(5:14 - 8:43) Where should you start? (No Money)

(8:44 - 11:15) Defining Leverage (Examples Included)

(11:16 - 15:20) How to Become Fluent in Your Passion 

(15:21 - 19:10) One Brick Mentality

(19:11 - 21:28) Building a Sale/Deal (Your End Goal)

(21:29 - 26:03) What to Look Out For (1st Timers)

(26:04 - 28:45) Foreclosures & Additional Options

(28:46 - 31:34) Bird Dogging (Raising Money)

(31:35 - 36:41) Strategy & Phantom Income

(36:42 - 40:44) Strategies (Picking what is right for YOU?)

(40:45 - 43:55) Terrence’s Top 3 Lessons

(43:56 - 44:36) Closing/Outro