My Worst Investment Ever Podcast-logo

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

Description:

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/

Language:

English

Contact:

+66 818740397


Episodes

Jeff Heggie – It’s OK to Choose Failure over Losses

7/22/2021
BIO: Jeff Heggie is an entrepreneur and success coach with a passion for helping others achieve their biggest dreams. STORY: Jeff started a manufacturing business with a former client, and everything was going great until the 2008 financial crisis hit. While it would have been a better idea to close down the business then, Jeff put everything he had, including his house, into the business to try and salvage it. Unfortunately, it never recovered, and they had to finally close it after...

Duration:00:26:56

Karen Briscoe – I Can Change Me

7/20/2021
BIO: Karen Briscoe is the creator of the transformative “5 Minute Success” concept. Her first book Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed, offers a combination of information and inspiration delivered through memorable stories. STORY: Karen took over Huckaby Briscoe Conroy Group (HBC) when Sue Huckaby passed in 2008. The luxury business had high overheads, and Karen was having a tough time running it, but a past client came to her rescue. LEARNING: Invest in...

Duration:00:35:42

Marina Krivonossova – Never Give Anyone Money without a Contract

7/18/2021
BIO: Marina Krivonossova is a Russian-American currently based in the Netherlands, pursuing a master’s degree in political science. STORY: Marina was looking for accommodation in the Netherlands when she met a fellow Californian lady on Facebook. They decided to move in together. Marina made the mistake of leaving her in charge of the lease. One day, she came home to find the lady had canceled the lease and didn’t want to live with her anymore. Marina was left homeless and a few thousand...

Duration:00:16:26

Andrew Stotz – How to Value a Startup

7/15/2021
How to Value a StartupToday I want to talk to you about how to value a startup. This story started when Dan, a podcast listener, replied to my recent weekly email with this question, “How do you value a startup, especially if there is no revenue?” How do you value a startup?To answer this question, I decided to dust off a business plan that I wrote for a client soon after the 2000 dot-com boom and bust. For those of you who were not around then, the dot-com boom saw the US Nasdaq Composite...

Duration:00:16:07

Doug Gordon – Live Your Purpose Every Day

7/13/2021
BIO: Doug Gordon is an international speaker, radio presenter, and CEO of D&S Performance Optimisation. He spent 21 years in the investment industry selling hedge funds and mutual funds B2B to global banks, institutional fund managers, and stockbrokers. STORY: In the past, Doug would follow other people’s dreams and would often be motivated by money. This got him stressed, depressed, and anxious. Eventually, he decided to follow his true purpose, and now his focus is on living his dream...

Duration:00:26:15

Joy Abdullah – Enhance Your Self Awareness for Success

7/11/2021
BIO: Joy Abdullah helps B2B service business owners, CEOs, and their teams to create emotive impact and influence using organic marketing. STORY: Joy was out of work in 2018, and he did everything he could to get another job without success. He was driven into a joint business venture with a friend out of fear of being financially unstable. The two didn’t quite think through the business model, and two years later, Joy was burned out and couldn’t run the venture anymore. LEARNING: Success...

Duration:00:35:04

Andrew Stotz – What It Takes to be Financially World Class

7/8/2021
What It Takes to be Financially World ClassToday I want to talk to you about what it means to be Financially World Class. Many years ago, the management team of the business I co-own in Thailand, https://www.coffeeworks.co.th/ (CoffeeWORKS), made it through the tenth year of an annual (and massive) quality audit done by one of our multinational customers. Our customer congratulated us for having World Class quality, the feeling among our management team and all employees was ecstatic. Since...

Duration:00:11:38

Christina Demetriades – Always Take Care Of Yourself First in Any Relationship

7/6/2021
BIO: Christina Demetriades works as a personal leadership coach, trainer, and coach/mentor supervisor. Through her work, she empowers and motivates people to succeed in their goals and to enjoy a fulfilling, meaningful career and life consciously. STORY: Christina suffered a severe back issue that left her bedridden and wholly dependent on others. When she got better, all she wanted was to live life. She met a man whom together they built an adventurous life. Christina got so immersed in the...

Duration:00:24:24

Weldon Long – The Best Way Out of Financial Trouble Is to Sell

7/4/2021
BIO: Weldon Long is a successful entrepreneur, sales expert, and author of the NY Times Bestseller, The Power of Consistency-Prosperity Mindset Training for Sales and Business Professionals. STORY: Weldon started his first business a year after he got out of prison. The business grew very fast, and within no time, Weldon began to buying out other bigger companies. In the process, he accumulated so much debt and had to find the best way out of it to avoid bankruptcy. LEARNING: You cannot...

Duration:00:46:36

Patt Soyao – Make Your Dreams Real

7/1/2021
BIO: Patt Soyao is currently the Managing Director and founder of Icon Executive Asia, an executive solutions firm that focuses on executive search and executive events that services a roster of high profile and high net worth clientele. STORY: Patt won the chance to run an event for a high-level multinational. The event would cost him about $100,000, but he had $5,000 only. His former business partner got him someone to lend them the money, but he’d have to pay back $30,000 in interest....

Duration:00:24:59

Michael Maher – Take the Time to Think When Things Get Tough

6/29/2021
BIO: Michael Maher is a musician turned business owner. He runs his own Amazon Managed Services Agency called Cartology, and he loves it. STORY: Michael’s e-commerce business was not doing so well, and he thought putting in more money would help. So he went to a cash advance merchant and blindly got $14,000. Unfortunately, only a day after signing the loan papers, he realized he had gotten himself into a horrible deal. LEARNING: Money doesn’t solve all problems; sometimes, the solution is to...

Duration:00:27:10

Baret Lepejian – Never Go Into the Restaurant Business Alone

6/27/2021
BIO: Baret Lepejian started his business career at 14 years old, working in his mom and dad’s family business that they started in 1971. Together with his brother, they went on to expand the business to 9 locations and 150 employees. STORY: When Baret and his brother agreed to sell their photo lab business, Baret took his share of the money and invested it all in a second restaurant. Baret thought that he had what it took to run a chain of restaurants on his own, but it became too...

Duration:00:47:53

Wendy Harris – You Must Dig Deeper When You Really Want Something to Work

6/24/2021
BIO: Wendy Harris is an outbound telephone sales trainer who gives businesses the confidence to talk to strangers and never cold call again. STORY: Wendy invested in a franchise that was doing quite well until the head office forced her to use scare tactics to get other people to join the franchise. She refused to go against her business ethics, which tired down her chances of making money with the franchise. LEARNING: Do thorough due diligence and ask lots of questions, especially when you...

Duration:00:31:24

Tom Dutta – Avoid Fraud by Digging Deeper Than the Traditional Due Diligence Process

6/23/2021
BIO: Tom Dutta is an award-winning CEO, # 1 International best-selling author, TEDx speaker, and radio/film producer. STORY: Tom was drawn to his neighbors who had a huge house and two Corvettes. Out of curiosity about their wealth, Tom indulged them, and that’s how he and his wife got lured into investing in a Ponzi scheme. LEARNING: Due diligence is not enough; you must dig deeper. Trust your gut, and don’t fall for the shiny object syndrome. “Get back into your analytical side and follow...

Duration:00:24:30

Melinda Van Fleet – Lessons From Your Mistakes Make You Confident

6/22/2021
BIO: Melinda Van Fleet is a Confidence & Peak Performance coach, bestselling author of Confidence Mastery for Couples and speaker, who works with business women to believe in themselves, take action and get results. STORY: Melinda got trapped in the allure of online courses. She would buy classes on a whim without taking time to discern if they were really necessary. She ended up spending so much money on courses that never helped her or her business. LEARNING: Take your time to discern if...

Duration:00:23:51

Marie Gervais – The Value of Your Worst Investment Is the Learning

6/21/2021
BIO: Marie Gervais, PhD., CEO of Shift Management, offers targeted supervisory and middle management training, team coaching, and organizational capacity development to businesses and organizations. STORY: Marie had the fantastic idea of developing a management decision-making gaming app. She pitched the idea to a few decision-makers within her industry, and they assured her it was a great idea. Marie had no experience in tech and did zero research on app development before she started...

Duration:00:29:58

Gary Mishuris – Qualitative Judgment Is More Valuable Than Your Financial Model

6/17/2021
BIO: Gary Mishuris is the Managing Partner and Chief Investment Officer of Silver Ring Value Partners, an investment firm with a concentrated long-term intrinsic value strategy. STORY: Gary was developing a financial model that he used to recommend stocks for his company. He got so engrossed in the model that he forgot about other important aspects of investing, like the effects of a merger that had just happened in the company. He made mistakes, and the stock he recommended fell by 80%,...

Duration:00:19:36

Eric Rosenberg – Start Investing by Making Regular Monthly Contributions

6/16/2021
BIO: Eric Rosenberg is a financial writer, speaker, and consultant based in Ventura, California. STORY: Eric always played it safe by investing in conservative low-list investments. This made him miss out on huge investments. LEARNING: Understand and manage your investment risk. Stop making excuses and start saving and investing by making regular monthly contributions. “Let your money be something that helps you live the life you want. Not the reason you can’t do the things you want.” Eric...

Duration:00:32:09

Kizzy Parks – Who Benefits From the Advice You Get?

6/15/2021
BIO: Kizzy Parks helps service-based small business owners learn how to win profitable federal government contracts using her powerful CTC technique. STORY: Kizzy learned of a $40 million opportunity to provide training and curriculum development across the federal government. She put everything else on hold and focused on preparing her business to win the project. She spent $600,000 on various business resources because she was sure she would win the project. The government didn’t put the...

Duration:00:16:53

Dean Brown – Don’t Hand Money Over Just Because You Trust a Friend

6/14/2021
BIO: As a father of five, Dean Brown empowers professional dads to work fewer hours per week while generating more revenue and having more fun while doing it. STORY: Dean had just lost a high-income job when his friend approached him with an investment idea. The friend wanted him to finance his business idea and get a return on it. Because he trusted his friend and was looking for investment opportunities, Dean gave him $150,000. He’s never received a penny from the business. LEARNING: Do...

Duration:00:13:50