**Show Notes: The Backyard Millionaire Radio Show - 12/28/2023**

Chris Story

www.ILoveHomerAlaska.com

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**Opening Segment: Morning Reflection**

- Set against the picturesque backdrop of the Kenai Mountain Range and Kachemak Bay at sunrise.

-I'm Ever Grateful for a moment of tranquility with a steaming mug of Captains Coffee.

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**Segment 1: Building Wealth on a Modest Income**

- Email discussion on building wealth with a minimum or modest wage.

- Introduction to the Golden Shovel Principle: Leverage X Effort = Gold.

- Emphasizes the importance of learning about investing before entering the market.

- Encourages opening an "Investment Account" with a small deposit.

- Advises adopting an investor mindset, even with limited resources.

- Practical tips for renters to treat their homes as owners and engage with landlords.

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**Segment 2: What’s at the End of Your Rainbow?**

- Reference to Napoleon Hill's article, "Hills Golden Rule - 9/1921."

- Reflection on Hill's life lessons about the pursuit of money and the pot of gold.

- Highlights the importance of a holistic approach to life beyond monetary goals.

- Reference to the song "Somewhere Over the Rainbow."

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**Segment 3: Maximizing Reading and Influence**

- Introduces Mortimer Adler's "How to Read a Book" formula: R2A2.

- Transition to Dale Carnegie's principles on increasing influence.

- Five key principles from "How to Win Friends and Influence People."

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**Segment 4: Wisdom from Benjamin Franklin**

- Quotes from Benjamin Franklin on growth, progress, education, and healthy habits.

- Emphasizes the value of involvement and continuous learning.

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**Segment 5: Real Estate Insights from Robert Kiyosaki**

- Key principles from Robert Kiyosaki's "Rich Dad Poor Dad" on real estate:

 1. Cash Flow is King.

 2. Use Other People's Money (OPM).

 3. Emphasizes business education.

 4. Advocates for problem-solving in real estate.

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**Segment 6: Making an Offer**

- Three key aspects to increase offer acceptance chances: Shrinkage, Terms, and Price.

- Advice on keeping time frames tight, simplifying terms, and presenting an attractive price.

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YOU really can make a million bucks in your own backyard!