If you've been getting pushback on deals, or they’ve even been falling through, you're not alone. We’re seeing it firsthand: banks are tightening their lending practices, and it’s becoming harder to secure the financing needed to keep business moving.

The ripple effect of banks not lending could be massive. For businesses that rely on funding to grow, close deals, or stay afloat, this is a major concern. Without access to capital, your ability to invest, expand, or even maintain your current operations could be severely impacted.

Are you prepared to face a tighter lending market? How would it affect the ability to grow or secure new opportunities? What will business look like if access to traditional lending dries up even further?

In this episode, I talk about the 5 reasons why banks are freezing up and not lending, what happened previously to get to this point and how to prepare for what’s to come.

Things You’ll Learn In This Episode

-The Great Recession

The Great Recession exposed major flaws in the global financial system, nearly causing its collapse. How did the events leading up to the Great Recession put the entire financial system at risk?

-An uncertain future

We can’t predict exactly how the economy will change. How does economic uncertainty influence a bank's willingness to lend?

-A risk-averse approach

Banks have shifted from taking bold risks to adopting a more risk-averse approach. How has this shift impacted the financial industry?

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

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Being an entrepreneur is tough—far tougher than most people realize. Many take it at face value, seeing only the surface success while missing the intense challenges beneath.

The entrepreneurial journey is filled with challenges, but it's also filled with opportunities—if you're willing to seize them. It's time to push past the comfort zone, take that gamble, and win big.

Playing it safe might seem like the safest choice, but is it really the path to true success? What if that gamble could be the difference between staying stagnant and experiencing immense growth?

In this episode, Carmelo and Lindsey Cruz, owners of 95 Nutrition, join me to talk about what the true journey of being an entrepreneur looks like, when they reached their breaking point and how they took their business to the next level.

The road to success is not a road, it’s an obstacle course. -Lindsey Cruz

Three Things You’ll Learn In This Episode

-Making decisions when we’re young

When we are young, we have no idea who we want to be but we’re forced to make decisions around it. How do we go in the right direction?

-College: the answer to life’s problems

Growing up, the only thing we hear is that going to college will lead to a perfect life. Is it true?

-Get on the next level

What does it take to reach our initial goals and then get on the next level?

Guest Bio

Lindsey is the visionary behind 95 nutrition, bringing a wealth of expertise in the fields of health, wellness, and nutrition. Raised in Grand Island, NY, Lindsey has always been passionate about cooking and fitness. Her unwavering dedication to empowering individuals to lose weight through portion control and sustainable lifestyle changes has made her a prominent figure in the industry.

With a deep understanding of the pitfalls of fad diets, Lindsey founded the company with a mission to help people make lasting lifestyle changes that promote their overall health and wellbeing. She brings to the table an unparalleled level of knowledge and experience in the field, making her a trusted resource for clients and partners alike.

As a mother of two, Lindsey has a special place in her heart for helping women regain their strength and confidence after pregnancy as well as helping busy parents manage & balance their lifestyles through delicious ready to eat meals.

Carmelo is one of the founders and owners of the company. With a background as a retired New York State Trooper, Carmelo brings a disciplined and detail-oriented approach.

Outside of work, Carmelo is a fitness enthusiast and enjoys helping others live a healthier lifestyle. He believes that fitness and healthy living can have a positive impact on all aspects of life, including work. With this in mind, Carmelo is committed to providing customers with high-quality products that will help them achieve their wellness goals.

Visit https://95nutrition.com/

Find Carmelo on Instagram @carmelo_cruz_v2.0

Find Lindsey on Instagram @thelindseycruz

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Why does whole life insurance have such a negative reputation when it offers incredible value? For years, this financial tool has been misunderstood, leading many of us to overlook its potential benefits.

But what if I told you that whole life insurance could be the key to securing our financial future and ensuring we leave a lasting legacy?

Many of us have dismissed it without truly understanding how it works or the risks it helps to mitigate. The truth is, whole life insurance is a powerful tool that guarantees not only financial security but also peace of mind, knowing our loved ones will be taken care of.

Are we aware of the risks we might face in our retirement years, such as market volatility or unexpected expenses? Have we considered how whole life insurance could play a crucial role in protecting our assets and providing a reliable source of income?

In this episode, speaker, author, and coach to financial advisors Tom Wall joins me to discuss the concept of whole life insurance, why we should consider it in our retirement plans, and his personal take on its value.

Whole life takes the risk off the table. -Tom Wall

Three Things You’ll Learn In This Episode

-Take risk off the table

This powerful financial tool provides a stable, reliable way to build wealth while ensuring that your loved ones are taken care of, no matter what happens in the markets.

-IUL vs. whole life

Is IUL more complex to understand than whole life? Which one will benefit us more in the long run?

-The volatility buffer concept

What exactly does the volatility buffer concept mean? How can it benefit us?

Guest Bio

Tom Wall has spent the entirety of his 20-year career positioning whole life insurance and competing against his alternative. Starting in college as an award-winning advisor with Northwestern Mutual before moving his practice to MassMutual, he subsequently grew his career in prominent home office roles in sales and marketing leadership. In those roles, he developed into a renowned storyteller and product expert at perennial company conferences and firm meetings nation-wide.

Tom’s Ph.D. is in retirement income planning, with original research on Whole Life as a Fixed Income Alternative under the advisement of industry thought leaders Wade Pfau, Michael Finke, and Stephen Parrish. His focus on academic integrity and decades of sales experience combine to make him a uniquely credible and inspirational voice in the life insurance space.

Tom now coaches and consults with financial advisors, hosts the Whole Life Masterminds study group, and has published his first book titled “Permission to Spend: Maximize Your Retirement with the Best Kept Secret in Personal Finance.” Tom lives in the greater Boston area with his two sons age 12 & 9, and is an avid golfer and traveler.

Visit https://www.permissiontospend.com/

Find Tom on LinkedIn @Tom Wall

Follow Tom on Instagram @tomwalltalks

Visit https://www.wholelifemasterminds.com/

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

It might seem counterintuitive, but the path of least resistance can lead to complacency and unfulfilled potential.

That’s unfortunately the path most people are on.

Choosing the easy way out can cause anxiety, stress and a false sense of security that hinders our growth. The reality is: real growth comes from facing challenges head-on, pushing through discomfort, and staying off the beaten path.

It's the pressure and stress from these tough situations that drive us to grow, learn, and ultimately achieve our highest potential.

Should we be willing to step out of our comfort zone for the sake of true growth? Can we afford to remain in a state of complacency and comfort?

In this episode, I’m joined by entrepreneur, accomplished fitness advocate, author, and a veteran Marine Raider, Nick Koumalatsos. We talk about why the difficult path is the one we should take. We also talk about his journey to success and how success doesn't come quick.

We have a systemic problem in this country where men are not leading their communities and families the way they need to be. -Nick Koumalatsos

Three Things You’ll Learn In This Episode

-Why men self-sabotage

The reason so many men self-sabotage and fail to reach their full potential is past trauma. How do we work through this?

-The importance of taking care of yourself

Taking care of everyone else but yourself is actually selfish. How do we fill our own cups before pouring out into others?

-The battle against corporations

Why do we need to be careful of companies and corporations selling the disease and cure at the same time?

Guest Bio:

Nick Koumalatsos is a versatile entrepreneur, accomplished fitness advocate, author, and a veteran Marine Raider. With a background that spans both military and business landscapes, he has made significant strides in various entrepreneurial fields.

Nick is the co-founder of Johnny Slicks, a brand renowned for its high-quality, organic grooming products for men. His advocacy for personal grooming and self-care reflects the company's commitment to providing premium products and promoting healthy, sustainable lifestyles.

As an author, Nick wrote "Excommunicated Warrior: 7 Stages of Transition," an insightful book that provides guidance on overcoming personal challenges. His own experiences and resilience inspire his written work, offering readers a practical roadmap for navigating change and adversity.

Nick Koumalatsos' multifaceted career makes him a standout figure in the entrepreneurial landscape. Whether he is delivering motivational talks on leadership and personal growth, or leading ventures that promote comprehensive health and wellness, Nick's passion and dedication remain at the forefront, reflecting his unwavering commitment to impact and service.

Visit https://nickkoumalatsos.com/

Follow Nick on Instagram @nickkoumalatsos

Subscribe to Nicks YouTube Channel @NickKoumalatsos82

Listen to Nicks Podcast https://nickkoumalatsos.com/podcast/

In an industry that's constantly evolving, doing things the traditional way can leave us behind. It's not enough to follow the crowd anymore; we need to think differently and add real value to our approaches.

Seeing an opportunity and taking it requires a mindset shift and the willingness to break away from the norm. There are so many opportunities that are ripe for the taking but we need to be able to rethink approaches to get the most value out of them.

What does it mean to truly disrupt an industry? Is going against the grain worth it?

In this episode, founder and CEO of Lamassu Media Scott Morse joins me to talk about his journey disrupting the world of real estate, how his humble beginnings shaped him into a success and why self-education is so important.

When you’re building a business and trying to succeed and gain momentum, disruption is the number one way to do it. -Chris Naugle

Three Things You’ll Learn In This Episode

-Being content in the present

An optimistic mindset is important, especially in the most trying times. What does it mean to be truly happy in the present moment?

-Insider view on real estate

The real estate has been through a lot of phases. What do the next 12 months look like in the market? Are prices going to go up or down?

-The truth about timeshare

The timeshare industry can be described in many ways. What is it really like?

Guest Bio:

Scott Morse began his journey at the age of 20 as a sales agent. As he delved deeper into sales, he realized it was a field he wanted to pursue long-term. This realization spurred him to educate himself over the years, allowing him to build a successful career in the real estate industry. In 2011, Scott decided to start his own company, leveraging a significant opportunity by finding a solution to a major gap in the business between motivated sellers and investors. This innovation helped him become the bridge that leads to highly potential close deals in real time. In 2020, after moving to Colombia, Scott expanded his company by forming strategic partnerships, creating a business aimed at impacting others through his services and replicating the successes he had previously achieved. His brand quickly grew through word of mouth due to the unprecedented results his company was delivering.

Today, Scott is proud to have established the largest cold calling center, steering a team of over 180 individuals dedicated to generating highly qualified, highly motivated leads for wholesalers and investors nationwide. Beyond his entrepreneurial ventures, Scott cultivates an amazing work environment that nurtures professional and personal growth for all his team members, empowering individuals to achieve their goals and aspirations.

Visit https://lamassuleads.com/

Visit https://bio.scottmorse.com/home

Find Scott on LinkedIn @Scott Morse

Listen to the Leads2Deal Podcast here https://leads2deals.com/

Follow Scott on Instagram @lamassuleads

As entrepreneurs, one of our main focuses is freedom and taking back our time but also fulfilling our goals. But when we’re new to the game, those things can seem out of reach and impossible to achieve.

What if we could cut the time and path in half by networking with people like us?

Surrounding ourselves with people who inspire us, understand our ambitions, and see the possibilities just like we do can be a game-changer. Those are the people who will lift us up, encourage us, and help us navigate the challenges of entrepreneurship with a positive mindset.

What if your next breakthrough idea is just a conversation away in a community of innovators? How do these people make the impossible seem achievable?

In this episode, real estate salesperson and investor Kevin McMullen joins me to talk about the importance of surrounding yourself with likeminded people, and how it can change the way we think. We also talk about his journey from failure to freedom.

In real estate, you either get it or you don’t. But if you do get it, you’re going to do very well. -Kevin McMullen

Three Things You’ll Learn In This Episode

-Money doesn’t always solve problems

Not every issue that arises can be fixed by putting funds towards them. Why can’t we always throw money at problems to straighten them out?

-Difficulties in owning rentals

Rentals can help us build wealth, but it’s definitely not easy. What are some of the difficulties we face when owning rental properties?

-Experience makes the expert

The more we experience, the better we get at doing things. How can the things we’ve been through turn into valuable insights?

Guest Bio:

Kevin McMullen’s journey into real estate began with flipping video games at flea markets in college. He then owned 6 video game stores that collectively generated $3,000,000 in sales before transitioning into real estate. Today, he is a Real Estate Salesperson & Investor, managing over 20 properties and hosts the Let’s Know Buffalo Podcast. Kevin brings a wealth of entrepreneurial experience and a passion for real estate investment to his ventures.

Find Kevin on Facebook @Kevin McMullen

Follow Kevin on Instagram @kevin_mcmullen716

Follow Kevin on LinkedIn @Kevin McMullen

Subscribe to the Let’s Know Buffalo Podcast here:https://linktr.ee/letsknowbuffalo