Jason Hartman introduces Ryan Houck to the show to talk about generation Y. Ryan Houck is the founder of Free Market America as well as the author of Will America Fail?. He shares some very interesting insights into the world of environment regulation and then Jason and Ryan talk about some of the key characteristics our Gen Y population has and why it makes them so unique compared to everybody else. 

Key Takeaways:

1:30 – Ryan talks a little bit about Free Market America and their mission. 

8:00 – A lot of sketchy things are happening between the EPA and environmental groups. 

16:40 – The oldest millennials are around 34 years old right now. 

21:55 – GOP needs to give up on the social issues and strictly focus on running the country. 

27:15 – Millennial parents provided a 'you can do anything' attitude and that's one of the reason why millennials are unique. 

29:30 – The mentality of the 80s was to make a lot of money, quit the rat race, buy a boat. 

32:05 – The US is unique because the country constantly tries to reinvent itself. 

Mentioned In This Episode:

Will America Fail? By Ryan Houck

FreeMarketAmerica.org

@FreeMarket_US

Jason Hartman invites Nancy Lublin to talk about her volunteer campaigns at DoSomething.org, the largest organization in the world for teens to help with social change. Nancy talks about her organization as well as Crisis Text Line, a texting hotline-equivalent for children and young adults experiencing bullying, depression, and more. Nancy shares some surprising facts about what today's teens are going through, how Crisis Text Line works, and how Do Something originally got started. 

Key Takeaways:

2:00 – Nancy explains a little bit about how Do Something works. 

8:20 – Only about 2% of text messages that come into Crisis Text Line is about bullying. 

10:45 – Mental health and homeless/poverty campaigns are two of the most popular campaigns on DoSomething.org

13:20 – Do Something was originally founded by the actor Andrew Shue

15:40 – Do Something focuses on trying to take adults (anyone over 26) out of the equation, so that young teens can feel like they're creating a direct change in the world. 

17:20 – Nancy explains how you join a Do Something campaign.  

18:45 – Life is better with friends and so is social change. 

Mentioned In This Episode:

DoSomething.org

@DoSomething

CrisisTextLine.Org

Jason invites David Scott on the Young Wealth show to talk about his book The Longest Distance. David's book teaches others about the importance of being in the present and finding happiness within. David and Jason talk about some of the key things you can learn from the book, how it applies to everyday life, and why it's a story that almost anybody can relate to. The Longest Distance has won the Living Now Book Awards and has been highly reviewed on Amazon as a very inspiring book to reread again and again. 

Key Takeaways:

1:40 – What is the HEAD Foundation? 

6:05 – What's The Longest Distance about? 

10:05 – Even though the book is fiction, there are some underlining truths to the stories. 

14:45 – Does materialism really matter? 

18:00 – If you're trying to be the best person you can be, it can be achieved in a number of different ways. 

21:00 – Final thoughts? Whatever is going on in your life, make sure you're present with it. 

Mentioned In This Episode:

http://www.authordavidscott.com/

@DScottWrites

Nicole Lapin has lend a very successful news anchor career and has appeared on several news channels such as CNN Live, Bloomberg, CNBC, and much, much more. She joins Jason today on Young Wealth to talk about her latest book, Rich Bitch. In the book, Nicole provides 12 incredibly easy steps for anyone to get control over their personal finances and make better financial decisions in their life. Nicole explains to Jason's audience some of the important steps in the book that will help them succeed in securing a better financial future. 

Key Takeaways:

1:30 – Nicole is currently on a book tour.

4:00 – The current financial advice is about starvation, depriving you of certain luxuries. Nicole argues to invest in yourself. 

7:20 – Nicole has been called a bitch in a derogatory sense and she decided to own it. 

9:20 – In Nicole's book, she touches on housing, savings, and investing. 

11:30 – Jason explains rent to value ratios and when it's a good time to rent or purchase a home on leverage. 

15:00 – Three to nine months of savings is what you should have before you start investing. 

17:10 – Saving money is not just about math, your finances become more interesting when you link it towards your own personal goals too. 

Mentioned In This Episode:

Rich Bitch by Nicole Lapin

Jason Hartman sits down one on one with his Youth Wealth audience today to talk about the possibility of moving back to California, the benefits of being a renter, and why Bitcoin is a bad investment. He also shares his expertise on what's currently happening in the Houston, North Dakota, and San Diego real estate market.

Key Takeaways:

5:15 – Jason is considering moving back to California for tax purposes.  

7:00 – Jason lists a couple of upcoming shows he'll be airing in the future. 

10:35 – Bitcoin's price is plummeting. Jason's predictions were right.

14:10 – How do you calculate rent-to-value ratios? Jason breaks it down. 

21:20 – The rental marketing will be moving in Houston due to layoffs. 

25:35 – Income property often out performs the stock market. 

28:50 – Bitcoin's rapid decline is seriously affecting the Bitcoin miners. 

32:00 – Remember, Jason has other podcasts you can listen to! 

24:50 – Don't forget to go to JasonHartman.com and check out some of the property listings on there. 

Mentioned In This Episode:

Coinbase.com

In today's Young Wealth episode, Jason Hartman does a quick interview with Sramana Mitra. Sramana is the founder of One Million by One Million and the author of several books including the Golden Raft, Bootstrapping With A Paycheck, Billion Dollar Unicorns, and more. She talks to Jason today about her virtual incubation business – One Million by One Million and how her company works to help new businesses. 

Key Takeaways

1:15 – What is a virtual incubator?  Sramana explains what she does. 

3:40 – Most companies get rejected for funding because they do not fit the standard venture capital criteria. 

5:00 – What happens to these companies who don't fit the bill? 

7:10 – Sramana talks about her membership plans on One Million by One Million. 

8:45 – Sramana works with a wide range of companies and finds creative ways to help them self-finance or bootstrap the business. 

10:30 – Sramana's company does not take equity, because they want entrepreneurs to start off on a good start. 

13:00 – It's extremely cheap to start a business in today's market. 

14:40 – Remember being an entrepreneur is hard! It takes a lot work and persistence. 

Today’s Young Wealth Show sees Professor Sophia McClennen join Jason Hartman to discuss many of the issues arising in her book, Is Satire Saving Our Nation? These include the rise of satire, the changing values of Generation Y and the development of American news broadcasting, with a particular focus on the role Fox News plays in our society. 

Key Takeaways

01.17 – Sophia McClennen describes how the role of satire is changing in today’s world.

04.00 – When traditional forms of news media were letting us down, the satirists just came and filled a gap.

06.44 – The establishing of Fox News in 1996 really changed the way American news media was viewed.

10.33 – What impact do these over-opinionated, over-affiliated news channels have on those watching?

12.45 – The way we’re being taught to think is changing the way we deal with topics that affect so many different aspects of our lives.

16.34 – Like in so many cases, we can learn a lot from considering demographical patterns. 

21.09 – Jason Hartman brings the discussion round to the recent mid-term vote.

27.16 – For more information, head to www.SophiaMcClennen.com 

Mentioned in this episode

Is Satire Saving Our Nation?: Mockery and American Politics by Sophia McClennen

In today’s Young Wealth Show, Jason Hartman discusses changing technology and how that’s affecting the way we now pay for things with CEO and Founder of Hartland Payments Systems, Robert Carr. Every aspect of our world seems to be at the hands of scientists and inventors striving to change how we do things, and money and payments are just the latest point of interest. 

Key Takeaways

01.38 – With the world being digitalized and modernized, it was only a matter of time before it changed the way we pay for things too.

06.22 – A truly cashless world seems a long way off, but we’re definitely on the road to it.

10.03 – Robert Carr describes the ups and downs experienced by Hartland Payment Systems. 

14.30 – It’s amazing when you think how far we’ve come with technological advances, and how far we can still go.

15.50 – PayPal has always been the leading company in this market, but where does it stand now?

18.18 – It’s not just the business side; Robert Carr has made a huge difference to 250 kids’ lives through his Give Something Back Foundation. 

23.26 – Find out more about Robert and his book on the blog site: www.RobertOCarr.com 

24.08 – Fundamentally, if you don’t have repeat customers or recommendations, you don’t have a business.

Mentioned in this episode

Through The Fires: An American Business Story of Turbulence, Triumph and Giving Back by Robert Carr.

Geography and demographic patterns prove their importance in the discussions featured on today’s Young Wealth Show. Jason Hartman talks to Peter Zeihan, author of The Accidental Superpower, about the many factors which have affected the economic and social growth of America and several other vital world powers. They consider topics from China’s one-child policy, the comparative strength of the dollar and the how the future looks in terms of oil production and 3D printing. 

Key takeaways

01.37 – Geography is still a vital factor to a country’s progress and development, especially when it comes to transportation.

07.05 – The dollar is the only hard currency in the world that exists in sufficient volume to lubricate the global system. What if the printing press actually was an option?

09.25 – America’s commitment to free trade still has a huge impact on today’s world economy.

14.35 – All of the various financial crashes are happening for the same reasons and we need to learn from them.

17.30 – China is in such a difficult demographical situation that America’s social pressure for near-retirees seems like nothing. 

19.30 – Boundaries and ideas are starting to change for retirees, but those staying on in work are still in the minority.

22.15 – The future of American oil production and usage could have totally transformed by this time next year.

24.54 – The impact of 3D printing on supply chains is just staggering, and it’s going to continue to shrink the industry.

30.28 – For more information, head to www.Zeihan.com and the book, The Accidental Superpower is available at any local bookstore and online. 

Mentioned in this episode

The Accidental Superpower: The Next Generation of American Preeminence and the Coming Global Disorder by Peter Zeihan

Today’s interviewee is none other than Jason’s Aunt Joan, an incredibly successful real estate investor who, together with her husband, owns more than 70 single-family homes around the Sacramento, California area. ‘Old-School’ seems to be the buzz-word of choice, but Joan talks about how she got into real estate, why she still loves it and gives some great advice about property management and keeping your tenants on side. 

Key Takeaways

1.12 – Jason Hartman asks his influential Aunt Joan about the beginning of her successful lifetime of real estate investing.

5.35 – Low-priced markets might look like the easy way in, but issues could mean big problems later.

12.56 – The Cyber Monday sale at www.JasonHartman.com is now on, with discounts of up to 40%.

19.59 – The information offered by Aunt Joan is available at www.SacRentals.com

26.00 – Be aware, both as an owner and a tenant, about who is paying the city utilities. Owners, flaky tenants could mean this is your responsibility.

39.05 – With tenant selection being so vital to success, you really need to master this in the early stages.

34.25 – One of the reasons that real estate retains such popularity is because it’s such a tangible thing.