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Hello and welcome to my 2nd anniversary show! Yes, it was exactly 2 years ago today when I started the Be Wealthy & Smart podcast. Today I’ll share with you the best of the best episodes – that is which ones you’ve liked best and I’ll take the #1 rated show and give you a podcast within a podcast about the most popular of all topics!

First, I want to share with you a little back story. Two years ago I went to a conference in San Diego called Social Media Marketing World. At that conference I went to a session with John Lee Dumas, Cliff Ravenscraft and other luminaries in the podcast world and heard them talk about podcasting. I went home and shortly thereafter started the Be Wealthy & Smart podcast.

I wanted to do a daily podcast, but my commitment only allowed for weekly. As you may have noticed, I’ve been podcasting 3 days a week and I plan to keep that up for the foreseeable future. I love doing the show and hearing from you that you love it too. I hope we’re connected on all social media…I have a Be Wealthy & Smart page on FB and Instagram where I post information that goes along with the episodes and the Linda P Jones pages on FB, IG, TW, LI and Google Plus. I’d love to connect with you there and share even more inspiration for your wealth building.

Here’s a little background on how far we’ve come in 2 years:

Today BWS has listeners in #143 countries. 80% in the US, and 20% around the world. Our top countries outside the US are: Canada, UK, Australia, China, South Africa, Korea, Sweden, Philippines. But we also have listeners in such far away places as: Oman, Nepal, Kyrgyzstan, Cambodia, Peru, Namibia, Zimbabwe, and Afghanistan. Thank you so much for listening, tuning in and subscribing to the show!

We’ve also gone from 0 to 101 reviews, 96 of which are 5 stars, so thank you everyone who has written a review. If you’re a regular listener and you haven’t left a review yet, please do that and let me know what you think of the show, or at least wish me a happy 2nd anniversary! It helps new listeners find the show and since all the content is free, it’s you’re way of saying thank you and I really appreciate it.

As you know, my journey here was one of being in the traditional financial world. For over 25 years, I worked in the financial industry representing investment companies. After getting my business degree, I went to work for a stock brokerage firm in the financial planning department. That piqued my interested in financial planning and I then studied to become a certified financial planner so I could learn everything about investing, retirement ,estate planning, insurance, or so I thought. It made me smart about tax laws, but not about how investing worked. I started in Seattle, was promoted to San Francisco and NYC and had the opportunity to work on Wall Street at 14 Wall and also the 102nd floor of the World Trade Center.

In my day job, I was responsible for investment sales by financial advisors. I provided them with all the details about our investments like mutual funds, separately managed accounts even hedge funds. I had to know inside and out how the money was being invested, what the track record was, how they were different from other money managers, how they complemented or contrasted with other professional money managers in the industry.

The financial industry definitely gave the message that individual investors “shouldn’t try this at home”, meaning it was too risky and they would lose all their money. I was no exception. I believed that wholeheartedly.

But over the years I had been studying millionaires and how they became wealthy. I read hundreds of books and then started investing in real estate for myself. I had some success but it was coming along very slowly on my own. I then looked into partnering with others and buying homes out of foreclosure in the 90’s. That was fraught will all kinds of problems and although we came out with about 15% returns, to me the work that was required to get the return didn’t match what the return should have been.

You see I had already figured out the 6 steps to wealth. I knew that millionaires were extraordinarily positive people and worked on keeping a positivity about them. I call that step 1: a wealthy mindset. Then you needed capital, that was step 2: save a nestegg. Then you needed someone to teach you the ropes, that was step 3: find a mentor. Then you needed to find the right investment: step 4 invest in a money engine to grow your wealth, and then step 5 was to compound at a high rate – that was the KEY to real wealth and step 6 was protecting your wealth. Making sure you didn’t lose it.

So there I was staring step 5, compounding at a high rate in the face. The real estate investments had been hornets nests and I really didn’t want to reinvest in it. About that time I noticed the stock market had been gaining close to 30% in a year. That compounding rate got my attention! So I picked up William J. O’Neil’s book, how to make money in stocks and started investing.

It wasn’t perfect, but I got the hang of it and followed what he said. I also added a little of my own special sauce to the formula and had even better results. In 1999 my account had grown to $1 million and then doubled.

I’m telling you this so you know that’s it’s possible to learn to be a good investor. I started something called the VIP Experience to help people do that. This brings me to what the #1 episode out of 124 episodes is: How to get rich. That is the episode with the most downloads over 2 years.

So what more can I tell you about how to get rich than I’ve been telling you on every show?

It won’t happen if you don’t try. That’s the biggest mistake I see people make is not trying. The fear of failure is so high (trust me, I was there. I was SURE I would lose all my money). I could have easily not gotten up at 5am to study my stocks and get my orders ready. I could have let fear win. But I didn’t and you won’t either. Because I have faith that you CAN become rich. That you can accomplish your goals and dreams.

2. Be careful who you listen to. Find someone who has accomplished what you want to accomplish. There’s a lot of financial advice out there and some of it I strongly disagree with. Some of the people teaching have never created wealth. They are interested in writing about it, but they haven’t had a system that worked for them. They haven’t really experienced what it’s like. They haven’t ridden the ups and downs of the markets, seen their account get slammed or have their account double and then double again. Understand what each expert has to offer and what their experiences allow them to teach.

3. Get started. Start small and work up to bigger things. Don’t feel like you have to take huge risks or jump in head first. You can start small and trade on paper insead of with real money. you can set up an imaginary portfolio on Yahoo and see how you do before investing $1. But do something to get your started. Take one ACTION and move forward.

This episode has been brought to you by the Be Wealthy & Smart VIP Experience. It’s a community I started to give you the cheat sheets and Cliff Notes of investing and wealth building. So many people asked me where wealth building opportunities are, that I founded the VIP Experience so I can work with you for closely and cost effectively for you. You have an hour a month live with me while I present what’s going on in the economy and stock markets, give you investment opportunities and at the end, you can ask whatever questions you want. All of us can benefit from understanding what’s going on with the markets without the confusing jargon and extraneous nonsense. I only share what’s important for you to know to build your wealth.

That’s all for this week and thank you for 2 great years. I’d still love that rating and review from you so don’t forget!

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Related posts:

1. 001: Be Wealthy & Smart – Introduction
2. 006: How to Get Rich – Step 3: Find a Mentor
3. 007: How to Get Rich – Step 4: Invest in a Money Engine

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