Tag Archives for " Samuel Fragoza "

Episode 040 – How Did Sam Fragoza Build His Wealth Using Kiyosaki’s Rich Dad Poor Dad Principles?

In Episode 040, Jack has invited Mr. Samuel Fragoza, who is a song writer, children book author, video blogger and an all around creative. Samuel spends his time speaking into peoples lives through music, acting, and writing.  He also does a bit of acting and gets behind the camera and has been involved with production for the last two years with his company Fragoza Media. When Samuel is not on stage or in front of the camera, you can find in front of an elementary school giving a talk on learning disabilities and sharing his children's book “Josh and the Sock Army.”  

Samuel will share how he builds his wealth using the principles he learned from Robert Kiyosaki's best-selling book Rich Dad Poor Dad.

The growing up story of Sam - Ask the Right Question!

"I grew up in a middle class family. My Dad was a government worker. I didn't have a best friend with a rich father giving me different advice on money.   I have never heard of a lot of the things in Rich Dad Poor Dad.  I do know when you say things like, "I can't afford that", it stops your brain from working.  You're basically shutting off your brain. You need to  figure out how you can afford something instead.  

My dad had a great job with the government and made decent money.  But there were times when we said "we can't get that because we can't afford it."  And I grew up with that mentality. Rich Dad Poor Dad definitely changed my life for the better." 

I Emptied My 401K because it makes no sense!

I emptied out my 401k because I'm looking at the returns from what I'm getting right now. I'm going to get 6 to 12% a year. Well, if I pull that out and put that into scalable things, then my return on those things are going to be much more exponential in the long run. And so I actually had a conversation with the guy who was running it. I think it was working with Charles Schwab where my 401k was and he said "you're paying a penalty for pulling this out early."  And I basically told him "I'm playing such a different game now.  I'm not playing this long game of put a little bit away and hope I have enough to retire. I already know I won't have enough to retire because people my age will need $5,000,000 to retire comfortably if they want to retire at the age of 65. Well at the rate that I'm going, I ain't going to have $5,000,000, so I'm either going to work till I'm dead or I'm going to take a shot on myself and my talents and my abilities to make money."

Know What Are Assets and Liabilities

Everyone has two columns in their life whether they want to admit they have two columns or they don't.  One of their columns are their liabilities. Everything that costs you money is a liability. Your rent, your car, your house, your food, your video games or movies that you watch, you going out to eat.  Whatever you spend money on, that's a liability.

Whatever makes you money without you doing a damn thing, that's an asset. If you can figure out a way to make assets (and it didn't happen overnight), assets will start appearing. And I've pulled up all my different accounts that I have for all my different assets. I was like here's the money from this account. It's not much of the amount of money there right now, a couple hundred dollars. That's not very impressive last year. But that was the first year. Next year, I'll try to double that and once it takes off then there'll be a couple thousand dollars a year from one asset that I'm not doing anything for.  And then I got another asset and repeat the process. 

Samuel's Most Favourite Quote
"20 years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines sail away from the safe harbour, catch the trade winds in your sails. Explore. Dream. Discover." ~ Samuel Clemens 


Want to know more about Samuel? 
Facebook: https://www.facebook.com/MoreThanRules
Twitter: https://twitter.com/samfragoza
Instagram: https://www.instagram.com/samfragoza
Email: samfragoza@gmail.com
Website: https://www.youtube.com/channel/UCSGHhfWdoYgQxCSWQw5lYkw

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Episode 039 – How did Sam Fragoza Manage to Fuel With Passion and Energy to Do What He Loves?

In Episode 039, Jack has invited Mr. Samuel Fragoza, who is a song writer, children book author, video blogger and an all around creative.  Samuel spends his time speaking into peoples lives through music, acting, and writing.  He also does a bit of acting and gets behind the camera and has been involved with production for the last two years with his company Fragoza Media. When Samuel is not on stage or in front of the camera, you can find in front of an elementary school giving a talk on learning disabilities and sharing his children's book “Josh and the Sock Army.”  

Samuel will share how he gets started on his entrepreneurship journey fuelling with passion and energy in order to touch many people's lives, and why he is doing what he loves because of his missions and visions.

Dyslexic and yet Samuel was able to overcome obstacles to obtain his Undergraduate and Master Degrees

"I'm dyslexic  ... but have all interpersonal skills and communication skills and non-verbal reading skills and now I can read too. I almost feel like a double threat. I'm unstoppable. Not even my parents knew that I was dyslexic. No one knew I couldn't read until I got kicked out of college and before I finally addressed my reading program, I eventually went back. 

I have many friends and even family members who would look at what I'm doing and say I'm not successful. There are things in my life that I have done and I was very successful at. Like if you want to say, hey, I produced an album. I was successful and when I was in high school I was a successful wrestler and I wanted to publish a book and I was successful as far as financially successful and being able to do this in the entrepreneurial road is so much different. This is the best way to explain it. When I was 24 years old, I had no degree. I had created nothing. All my friends were out of college. They had already graduated. They had already started to buy houses.  So I graduated with my undergraduate degree at 24 and my master's degree at 27.  When I hit 27, all my friends said, "Dude, you're so ahead of the game. You got your master's degree."  But a year before that or two years before that, I was feeling like I was the one super far behind and people were telling me that I need to pull my life together.

I do music and children's books because ...

"I want to tell people about being dyslexic and you can be successful regardless of you struggling to read, especially in today's society with technology that we have and then to my music ministry is called #MoreThanRules.  My mission with that is to make sure that people understand that God is so much more than a bunch of rules that you got to follow to get him to love you.  I'm just really trying to spread love and grace with my music and that and not worry about too much about trying to be holier than people or making people followed what I want them to follow. I really just want to love on people. I just want to show people love and grace through my music and that kind of drives me."

I work because I choose and not have to ...

"You know, as well as I know that's only 40 hours a week. And for an entrepreneur that's half the week. So really I'm only going to be working halftime the way that I see it and I can still do my music.  On the weekends, I'm actually gonna use most of my income to pay someone full time to book me. There won't be any time that I'm not working. I'll be working a day job. And then, during the nights I'll be playing shows and I'll have someone who's doing all my secretary work and booking for me and booking book reads on my days off. And it's going to be a crazy two or three years out in the midwest with a lot of work to be done and a lot more foundation, to be done. But it's so cool going back into a "job".

I don't feel any pressure like I need the job. if I get a phone call tomorrow and it's like "We decided we don't need you", it's cool. It wouldn't matter because I've been doing this on my own for so long.  This is a great example. So I flew back to California and my plan is to come to California to visit my family because I haven't seen them for awhile and then grab the rest of my stuff and drive back to the midwest during the trip instead of just coming out to California, I booked myself solid up from the day that I landed. I've had gigs. And so it's a nonstop week and a half of working, so people are like, hey, you flew out to California for a nice little vacation. Yeah. Nice little vacation where I'm going to make a couple thousand dollars and then drive that. It's not really vacation. I'm doing what I love. I got for read across America coming up next week or this week. Right now. I got book reads everyday Friday."

Samuel's Most Favourite Quote
"20 years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines sail away from the safe harbour, catch the trade winds in your sails. Explore. Dream. Discover." ~ Samuel Clemens

Want to know more about Samuel? 
Facebook: https://www.facebook.com/MoreThanRules
Twitter: https://twitter.com/samfragoza
Instagram: https://www.instagram.com/samfragoza
Email: samfragoza@gmail.com
Website: https://www.youtube.com/channel/UCSGHhfWdoYgQxCSWQw5lYkw

Did you like what you heard?

If you liked this podcast, please leave a review on iTunes!  Click here to discover the iTunes page.

Did you know that Cracking the Entrepreneur Code Podcast Show is on Apple's Podcast app?

  1. Launch Apple's Podcasts app.
  2. Tap the Search tab.
  3. Enter "Cracking the Entrepreneur Code".
  4. Tap the blue Search key at the bottom right.
  5. Tap the album art for the podcast.
  6. Tap Write a Review at the bottom.

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