My Worst Investment Ever Podcast

Business & Economics Podcasts

Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it. Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth. To find more stories like this, previous episodes, and resources to help you reduce your risk, visit https://myworstinvestmentever.com/

Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it. Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth. To find more stories like this, previous episodes, and resources to help you reduce your risk, visit https://myworstinvestmentever.com/

Location:

United States

Genres:

Business & Economics Podcasts

Markets and Investing

Description:

Language:

English

Contact:

+66 818740397

Website:

https://www.astotz.com/

Email:

myworstinvestmentever@andrewstotz.com

Episodes

Dave Buck – Have a Purpose for Your Investments

5/15/2022

BIO: Dave Buck is fascinated by the concept of time and how it is applied in everyday life. It is one of the main reasons he started Kairos Management Solutions. STORY: Dave was a very disciplined saver and investor from the time he got his first job when he was 16. The only mistake he made was not managing his portfolio according to the lifestyle he wanted to live in retirement. LEARNING: Start to save for the future today. Have goals for your savings. “Manage your portfolio to match the...

Duration:00:29:10

Akshat Malik – Don’t Get Too Invested in Just One Partner or Brand

5/12/2022

BIO: Akshat Malik, a serial entrepreneur, a risk-taker during the week, and a happy dog dad on Sundays, has undoubtedly had his good and bad investments. STORY: Akshat’s company partnered with a brand and focused on helping it grow. The brand grew 100x, which was good for the company. But, the brand started partnering with other people, which led to Akshat’s company losing its market share and revenue. LEARNING: Don’t get too invested in just one partner or brand. Keep your debt down as low...

Duration:00:22:34

Gary Belsky – Long-Term Patience Is the Key to Success in Investing

5/10/2022

BIO: Gary Belsky is co-author of Why Smart People Make Big Money Mistakes—And How To Correct Them: Lessons from the Life-Changing Science of Behavioral Economics and the former editor in chief of ESPN The Magazine and ESPN Insider.com. STORY: Gary waited for seven years to invest in the Berkshire Hathaway stock hoping the price per share would drop. He missed out on the compounding for the seven years and earned a 14% return instead of 18%. LEARNING: A stock isn’t cheap because it’s $5. A...

Duration:00:51:36

Brent Kochuba – Know Who You’re Dealing With

5/8/2022

BIO: Brent Kochuba is the Founder of SpotGamma, a financial insights company that applies its proprietary methodology toward modeling index and equity options and then provides unique content to its subscribers. STORY: Brent joined a former client as a trader in his fund. Five days after he started working at the fund, the market opened a limit down and halted trading. The fund lost so much money, and the only way out was to liquidate and shut down. LEARNING: Know whom you’re dealing with....

Duration:00:31:47

Sourabh Goyal – Make Yourself a Priority in Your 20s

5/5/2022

BIO: Sourabh Goyal is the Founder of SuccessBrew (a growth marketing company) and The Goalchy Club community that is focused on the personal and professional growth of people. STORY: Sourabh studied engineering, not out of choice, but because it’s what was expected of him. He hated it and believes he should have invested the four years of college in a much better way of knowing himself. LEARNING: Make yourself a priority in your 20s and build yourself in the manner that makes you happy....

Duration:00:32:37

Corina Burton – Learn to Trust Your Intuition

5/3/2022

BIO: Corina Burton is the co-founder and co-owner of CPR Construction Cleaning, CPR Productions, and host of the Unstoppable podcast. STORY: Corina returned to an old job and gave up a good salary even though her gut told her not to. The old employer could not pay her, causing her to hit a financial rock bottom. LEARNING: Listen to your intuition. “Business is not linear. Learn to pair your analytical and spiritual self.”Corina Burton Guest profilehttps://www.linkedin.com/in/corina-burton/...

Duration:00:48:02

MJ DeMarco – Do Not Sign an Earnout When Selling Your Business

5/1/2022

BIO: MJ DeMarco is the international best-selling author of The Millionaire Fastlane, Unscripted, and the Great Rat Race Escape. He’s also the founder of Viperion Publishing and the Fastlane Business Forum. STORY: MJ sold his business in 2000 for $1.2 million. Of this, $700,000 was held in an earnout. Because of the recession, the buyer paid MJ $500,000. He put the money in tech stocks, but they imploded in just a few months. MJ lost everything he had invested. LEARNING: Never accept an...

Duration:00:21:13

Shane Senior – Do Your Due Diligence Before Buying an ICO

4/28/2022

BIO: Shane Senior is a British actor who started his acting career as a motivational public speaker. After losing a large sum of money in the cryptocurrency market, he changed his career into acting. STORY: Shane invested in cryptocurrency in 2017, and the investment was growing. He got greedy, took out the money from the currencies, and invested £500,000 in ICOs. Within as little as 18 months, he had zero money left. LEARNING: Don’t just jump on the bandwagon; do your due diligence. When...

Duration:00:34:31

Gisela Hausmann – The Story of How Jeff Bezos’ Amazon Considered My Suggestions

4/26/2022

BIO: Gisela Hausmann is one of a dying breed of adventurers – she digs in and researches topics of interest from the ground up, then tells things as she sees them. STORY: Gisela published a book about her time working at Amazon. In the book, she suggested what Amazon should do to improve working conditions. Amazon implemented these suggestions. LEARNING: Know who your friend is and who is not. Look at criticism as an opportunity. “If you just get going and try to do your thing, you’re...

Duration:00:34:49

Rick Gilbert – Most Likely Nobody Will Buy Your Book

4/24/2022

BIO: Rick is an author of several books and performs one-man shows, bringing alive the stories in his books. STORY: Rick spent $22,000 to produce his first audiobook and made just $500 in sales. LEARNING: Accept that there’s most likely nobody who will buy your book. Figure out how to get your product to the market. “The chances of you doing your memoir and anybody cares about it are almost zero.”Rick Gilbert Guest profilehttps://www.facebook.com/LeterRipProductions (Rick Gilbert) is the...

Duration:00:28:22

Kanit Nimmalairat – Don’t Go All-in on a Stock

4/21/2022

BIO: Kanit Nimmalairat is the owner of the YouTube channel and Facebook Naiwaen Investment, with over 200,000 followers. STORY: When Kanit started investing, he made his worst investment ever when he went all-in on one commodity stock. The stock was selling at 34 baht, but the price plummeted to 7 baht. Kanit made a 100% loss on that investment. LEARNING: Educate yourself on value investing. Have an investment principle. Consider a stop-loss, especially if you’re new to investing. “Don’t go...

Duration:00:15:56

Allan Dib – Make Your 1-Page Marketing Plan

4/19/2022

BIO: Allan Dib is a serial entrepreneur, rebellious marketer, and #1 bestselling author. STORY: Allan lost a decade and thousands of dollars trying to figure out marketing for his business all by himself, yet he had no expertise in the field. LEARNING: Find experts to help you with the things you don’t have expertise in. You’re not always going to be the person to solve all your problems. “When we’ve got problems, we often try to figure out the how instead of the who.”Allan Dib Guest...

Duration:00:28:10

Nidhi Mohan Kamal – Happiness Is an Inner Game, Love Yourself

4/17/2022

BIO: Nidhi Mohan Kamal is the director of NidSun Wellness, a chain of weight loss clinics with branches in Delhi and two other cities in India. STORY: Nidhi’s worst investment ever was looking for superficial qualities in the people she got into relationships with. This left her with a string of failed relationships until she figured out the fundamental qualities she needed to focus on. LEARNING: Look for fulfillment inward, not from other people. Be assertive with your truth. “Have...

Duration:00:31:18

Brett King – Prepare for Bad Outcomes to Avoid Them

4/14/2022

BIO: Brett King is an Amazon bestselling author, a renowned commentator, and a globally respected speaker on the future of business. STORY: Brett got into a partnership offering a five-day executive program in Dubai. The business was doing well until the global financial crisis hit in 2008. His business partner took over the company, but he had no experience in training, so it died in just a few months. LEARNING: Have an advisory board for conflict resolution. Have an exit plan. Always have...

Duration:00:37:15

Mohan Belani – Fail Fast and Move On Even Faster

4/12/2022

BIO: Mohan Belani is the Co-founder and CEO of e27, a startup and tech ecosystem platform focused on helping startup founders build and grow their companies. STORY: Between 2013 to 2015, Mohan was mentally and emotionally satisfied with the status quo and never invested in himself, his capabilities, and his mindset to go to the next level. LEARNING: Don’t avoid failure. Just learn to deal with it and handle it better. “The true currency of life is time.”Mohan Belani Guest...

Duration:00:28:24

Mariah & Byron Edgington – When You Face Challenges, Reach Out

4/10/2022

BIO: Mariah Edgington BSN, RN is a retired critical care nurse who integrated holistic practices into her practice. Byron Edgington ATP, CRMI is retired military and commercial helicopter pilot, Vietnam veteran, award-winning author, speaker, and contributor. STORY: Byron lost his pilot job in Kauai due to a minor medical difficulty. This brought the couple’s dream life on the island to an end. Desperate and lost, Byron invested blindly into real estate and made no money. He didn’t know that...

Duration:00:26:03

Alistair Croll – To Scale, You Have to Get People to Care

4/7/2022

BIO: Alistair Croll is an entrepreneur, author, and conference organizer. His book Lean Analytics has been translated into eight languages and is considered mandatory reading for startup founders. STORY: Alistair needed to raise capital for his startup. He received a series A investment of $20 million and gave up 50% equity in his company. LEARNING: Don’t scale prematurely. Capture your market’s attention first. “Risk is a necessary component of progress.”Alistair Croll Guest...

Duration:00:39:31

Ash Maurya – Focus On Customer Development Before Product Development

4/5/2022

BIO: Ash Maurya is the author of two bestselling books, “Running Lean” and “Scaling Lean,” and is also the creator of the top-rated one-page business modeling tool “Lean Canvas.” STORY: Ash had this social networking idea that he thought was unique, so he kept it to himself as he built on it. He never tested the market until he launched, and the network was a flop. Ash kept building the network in isolation until seven years later when he realized he was supposed to be building a customer...

Duration:00:35:59

Edward Zia – Question, Push Back, and Get Help to Avoid Homelessness

4/3/2022

BIO: Edward Zia is a Marketing Mentor, Certified Practicing Marketer (CPM), and International Master Coach. He has mentored thousands of winners globally to help them get more clients, win top positions and become leading personal brands. STORY: When Edward left the army, he immersed himself in his job. He put his employer ahead of himself. This left him stressed and burnt out, and he made poor decisions that left him homeless. LEARNING: Question everything you hear, don’t just go on...

Duration:00:28:52

Izabela Lundberg – Show Up, You Will Figure It Out

3/31/2022

BIO: Izabela Lundberg is a people champion who transforms organizations, their teams, and their talents and turns them into high performers. STORY: In 2019, Izabela invested her money and time into film production. She was sure this would be the project that would allow her to retire early. Unfortunately, the pandemic hit in 2020 and shut down everything. Izabela’s investment went down the drain. LEARNING: Difficult moments are temporary. You can survive any trauma. “You’re going to be okay....

Duration:00:24:55