Multifamily Podcast Network

“Break the financial chains”

As real estate entrepreneurs, we have an obligation to share financial literacy. The generational concept of putting your money “under the mattress” so to speak does not apply to the rules of today’s economics and currency. Unfortunately, these lessons are not taught to our youth and possibly, intent fully so. So how do we get out of the “Rat Race?” 

Our guest on today’s episode is Damion Lupo, a best-selling author of several books on personal finance, investment, and retirement strategies. Damion is the host of The Financial Underdogs Podcast, has started 50+ companies, and developed the ultimate investor retirement tool called the EQRP with a strategy that gives individuals total control of their retirement money to invest in real assets like real estate, gold, and cryptocurrencies. 

Damion shares his journey of entrepreneurship and investment, detailing the most powerful lessons he’s learned about business, personal finance, and the harmful effects of government policy. He shares his bold, candid thoughts on the reality of financial bondage, hyperinflation, and trustworthy investments in the US, along with how his EQRP strategy has the potential to save lives.

In this episode, we cover:

Losing a $20M fortune during the financial crash of 2008

Breaking from the financial bondage

The lack of fundamentals in today’s investing cycle

Alternative assets suchs as real estate, gold, and cryptocurrencies 

Taking control of your retirement assets with EQRP

What is EQRP and how does it differ from SDIRA

Damion addresses each of these pressing topics and so much more in this knowledge-packed episode!

There is immense value in being patient and detaching yourself from your emotional relationship with money. Tune in today to learn how you can break the financial bondage!

 The Final Four:

1. What do you do for your continued education to further your investing?

Damion: “Truly, just going out into the wild and getting the living shit kicked out of me! I write books based on my experiences and that’s how I learn. Business is a personal development program wrapped up with a really ugly bow. It’s painful and it hurts and that’s how I keep learning. There’s no better way to learn than facing problems. You want to learn? You want to grow? Go start a business!”

2. What have been the lasting lessons you've learned along your journey?

Damion: “I am my own worst enemy. Ryan Holiday talks about the ego as the enemy and so you have to write rules to keep your ego in check. Have rules for your business and rules that limit where you invest, how you invest, etc.”

3. What advice would you give to the listeners to help them grow their businesses?

Damion: “There are two things that you should have that most people don’t have… a bookkeeper that gives you a snapshot of your books every day, what’s relevant and what’s trending, as well as a bold mentor that will tell you like it is. Make sure you’re hiring people at the level you’re heading towards, not at the level that you’re at. Expand in your thinking and invest in your future.”

4. How can they listeners learn more about and connect with you? 

Damion:

Check out Financial Underdogs Podcast

EQRP

Get a copy of Damion’s book

 

Resources mentioned:

Articles written by Jim Rickards

Flash Boys by Michael Lewis

 
Ranked #27 on Feedspot's Top 70 Multifamily Real Estate Podcasts 

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