The Money Multiplier
How can you be the money multiplier? In this episode of Incorporating Superpowers, host Justin Recla welcomes guest Brent Kesler to the show. The two discuss cracking the code to money-making and helping people build their financial plans for the future. If you want the become the ultimate money multiplier, tune in today!                                                                                            Â
Justin Recla:Â
Welcome back to Incorporating Superpowers. I know most of you out there listening, know that it was that magic trick to where you can multiply your money, and keep wealth in your family for generations. I love this conversation because it’s the sort of conversation that my wife and I have been having for our own family on how we build an empire that just continues to build and thrive, wealth for our family, our kids, and their kids in generations to come. I’m looking forward to the conversation today because my guest today is Brent Kesler. He’s written multiple books on this. He is the money multiplier. And this is exactly what he does and teaches people how to create wealth. Brent, welcome.
Brent Kesler:
Hey, Justin, thanks so much for having me, sir. I’m excited to share this good stuff.
Justin Recla:Â
Now, before the break, you were telling me a little bit about your experiences and your history, and how you came across this information you read, you read this book, and you’re like, It resonated, it changed your future. And you sit on it for a couple of years. And now you’ve got over 6400 clients across the globe that you help with these methods that you teach them on building generational wealth.Â
So first and foremost. What does that look like? What does that even mean? I know most people are going what is generational wealth, a lot of people are going I’m just trying to make sure that you know, we survived COVID you know, and COVID hit us hard and so forth, let alone trying to figure out what generational wealth looks like. So bring it back. Let’s dial it down a little bit. What does that mean for the average person today?
Brent Kesler:
Yeah, absolutely. Justin. So just to give you a little bit about the backstory, I’m a chiropractor. I no longer practice chiropractic anymore. I haven’t since 2008. I sold my last clinic in 2017. I had five clinics in the Kansas City area. Anyway, my wife and I became empty nesters. And we moved to Florida because we just wanted to get out of the cold right the Kansas cold. So however our kids followed us after we left and became empty nesters.Â
So imagine that. But anyway, the reason I bring that up is that I was at a chiropractic convention back in 2006. And I was there and I was in all these speakers were coming up and this one speaker came up. And he started talking about this infinite banking concept and how to become your own banker. And I heard the information, I sat and listened for about an hour and a half. And I thought, Man, that is good stuff. But it just seems too good to be true. There had to be a catch, right? I’m sure you’ve seen stuff like that, where you’ve watched something, and it seems too good to be true. Well, that was me. So I did nothing at all. I left and went back home. And I did nothing at all. And then Justin, I go back to another chiropractic convention, about two years later in 2008. Well, about 10 or 12 of my colleagues that were at that previous conference with me are now at this new conference.
Now the only difference between them is they acted and they implemented the information that they heard because they came up to me. And they said Brent, isn’t this banking concept, the most powerful thing ever to build, keep and create wealth, all without working any harder, all without changing your cash flow, taking any additional risk, or losing control, all simply by adding one step in your financial life. So I thought to myself, there had to be something to this. There’s no way 10 or 12 of my colleagues are lying to me maybe one or two, but not 10 or 12. So I went home and I told my wife, I said, Honey, we have to start implementing this in our life. And it was February of 2008. I found myself $984,711 in third-party debt. That’s what I owe to the third-party creditors. Now how did I owe that money? I had the home that I lived in. I had my student loans. I had a house at the Lake of the Ozarks, where I’m coming to you from today between St. Louis and Kansas City. And if you have a house on the lake, guess what? You have to have jumped in a boat in a wave runner, right? Yeah, I’m also an airplane pilot. So as a pilot, I had to have my own airplane. So it didn’t take me a lot to become almost a million dollars in debt. While I was able to put this concept into place in February of 2008. And I was able to pay off all of that debt in 39 months, three years, and three months, all by adding one step in my financial life.Â
So that’s the concept that I teach now. Now you’re probably thinking, Well, why are you teaching it? You know, because I came and again, the reason is, is because I became so passionate about how it was working. I was telling my colleagues, my friends, and my family how this was working, and it all comes about this. Anyway, there’s a book out There, it’s called Becoming your own Banker: Unlocking the Infinite Banking Concept. Now, this book just did was written by a guy named Nelson Nash. And actually about three years ago in March of 2019, we lost Nelson, at age 87 years old, Nelson Nash, and this book in his teachings. He completely changed my financial life. That is a book that you want to add to your financial library.Â
Now, I’m not here to sell you the book. I’m just here to tell you where the information is coming from right? He also went on to write two more books, one called the case for IBC. And again, IBC stands for infinite banking concept, and the other one is the where the house of wealth. But this book right here is the book you want to add to your wealth-building library. So I started teaching this now, after becoming a customer and a client and paying off all of this debt. I started it in OAE took me three and a half years, three years, and three months to pay the debt off. So then I started teaching this concept in March 2012. So I’ve been teaching it now around the country, all around the country I’ve been alright, so as I stated earlier, before the pandemic, I was doing probably 55 to 70 live events a year, everything then just went to virtual, and now the live events are kicking back up.
So I wrote a book about three years ago. It’s called Mapping out the Millionaire Mystery, and I wrote it with a colleague of mine, Chris Naugle. A lot of you guys may have heard of the name, Chris Naugle if you are in the real estate world, Chris has had a couple of shows on house owners, one on HGTV called risky builders. He’s just very big in the housing industry, and also the real estate industry. So just to give you that, that’s kind of the back story.
Justin Recla:Â
This is awesome Brent, this is awesome. I want to take a quick pause here because you’re extremely passionate about this seat and excited about it. After all, I can feel how much it’s impacted your life. And I know that feeling of when it’s something that impacts your life, you want to share it with the world. And so when we get back from break, let’s dive into what some of the secrets are, that you have to share with the world and where people can go find more information about you. Can you share that right now?
Brent Kesler:
Yeah, to find more information about me at themoneymultiplier.com. I’ve got a lot of like videos on there, testimonials, success stories, plan designs, and case studies, but that is the website. And also if you want to give your listeners just a book that I wrote, I will email you the ebook. All you have to do is email me at [email protected]. And I will send you that ebook.
Justin Recla:Â
Fantastic. Folks, go take a look at what Brent’s up to go take a look at these books. I tell you right now, I’m going to be picking up these books because this is the information that I’ve been looking for. This is fantastic. Stay with us. We’ll be right back.
For the best listening experience, download the Superpower Network App
Podcast: Play in new window