Feb 07 2023 58 mins 65
Neil was a bit immature in his 20s. Impulse and greed were his north stars and they didn’t get him far. He married the wrong person and started charting a destructive path. After recovering from unfaithfulness and divorce, Neil met the woman of his dreams. But, not too long after they married, bankruptcy and a health crisis were waiting for him. His new wife needed medical support, and nobody was bringing in income. Expensive medical bills left him no choice but to start being innovative about how he creates income. It was at this crossroads that he realized that finding purpose in others motivates him. “I changed from more of a greedy self-pursuit that led to those problems to more of a person who thought that there's a need that needs to be filled and I'm going to fill it because it's for someone else. When purpose changed, everything changed” (26:17 ) Today, $500,000 revenue days are something Neil is used to in his Amazon FBA business selling private label products. He also helps people build a similar business model that helps them cash in an almost automated 6 figure income. So, if he were to go back there’s nothing he would change. This is the story of how his life transformed. Tune in to uncover how being driven by something bigger than yourself can change your life and learn how you can make money building an easy exit business. Adversities Neil Twa had to overcome: - Divorce at 28 (and unfaithfulness) - Business bankruptcy - Having zero income in his family - Wife had a health crisis Abundance Neil Twa created: - Created cosmetics for his kids - $500,000 income days - Made $630 million in sales - Starting an acquisition firm to buy businesses as passive income opportunities Lessons from Neil Twa’s adversities: - “ If you're spewing negativity out in the world, you're gonna find negative people.” (12:34 ) - Your adversity can make you a better person. You’re not going to mature without it. Tune in as Neil Twa and Jamie talk about: (00:00 ) 3 types of adversity (07:53 ) How a bad marriage made him a better partner (11:44 ) “I didn’t want to change” (16:05 ) Why you should have an LLC (20:12 ) Health trumps everything else (21:56 ) $1856 out of nowhere (23:53 ) How a health crisis led to $500,000 income days (28:42 ) Becoming one of the first people doing Amazon FBA (34:47 ) Teaching kids to flip products (36:14 ) A day in the life of Neil Twa (39:52 ) Becoming his own banker (41:39 ) How to avoid overworking yourself (44:28 ) Rapid-fire questions (50:25 ) Starting an almost passive Amazon business (54:08 ) Book recommendations (56:04 ) Lessons from adversity Links BIFI Loan Servicing Books and Resources Feel the Fear . . . and Do It Anyway (r): Dynamic Techniques for Turning Fear, Indecision, and Anger into Power, Action, and Love Good to Great by Jim Collins Connect with Neil Twa: WEBSITE: https://www.voltagedm.com/ LINKEDIN: https://www.linkedin.com/in/neiltwa/ BUSINESS BUILDERS PODCAST: https://www.voltagedm.com/podcasts Follow Labrador Lending WEBSITE: https://labradorlending.com/ LINKEDIN: https://www.linkedin.com/company/71512077/ FACEBOOK: https://www.facebook.com/labradorlending INSTAGRAM: https://www.instagram.com/labradorlendingllc/ YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Connect with Jamie LINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/ TWITTER: https://twitter.com/batemanjames INSTAGRAM: https://www.instagram.com/batemanjames11/ Investment Opportunity Are you an accredited investor interested in monthly cash flow from an investment backed by physical real estate? Our income fund--which is uncorrelated to publicly traded stocks and bonds--invests in first-lien mortgage notes diversified by geography, property value and borrower type. The fund aims to pay its investors monthly distributions at a preferred rate of return of 8% annually. And possibly the best part? The fund showcases a short, 12-month commitment. Check it out today! https://inv [...]
