228: How to Lose Money by Spending on Frivolous Things with Justin Hannah

228: How to Lose Money by Spending on Frivolous Things with Justin Hannah

Author: Paul Moore and Josh Thomas September 7, 2020 Duration: 37:05

Justin started out just like many of you. He didn't go to college and just went right into the utility industry and worked to become a Lineman. For years he dreamed of getting away from the sometimes 100 hour weeks and being able to take a leap into another career that he felt he could truly enjoy.

Enter real estate investing. He bought his first house as a foreclosure in the bay area California at 22 years old in 2009. He worked on it over weekends and after several years sold it for a small profit. Fast forward to today, and he has increased his Net Worth from 5k bucks at 20 years old to over 7 figures at 32. 

He currently owns over $2 million worth of real estate, which consists of 12 rental units and a single family house, and he has done about a dozen purchases and sales of other properties over the last couple years.


Paul Moore and Josh Thomas host How to Lose Money, but don't let the title fool you. This is a wealth-building conversation built on a simple, powerful premise: the most valuable lessons often come from what went wrong, not what went right. Each episode delves into the honest, sometimes gut-wrenching stories behind business failures and costly missteps. You'll hear from entrepreneurs in the thick of a tough season and executives analyzing strategic errors, all sharing the hard-won insights they gained in the process. The focus isn't on the failure itself, but on the clarity and resilience forged in those moments. For anyone building a business, leading a team, or simply fascinated by the real, unvarnished path to success, this podcast offers a unique and compelling perspective. New conversations arrive every Monday, providing a regular dose of practical wisdom earned the hard way. Tune in for a refreshingly candid look at how the road to financial and professional growth is often paved with lessons learned from losing.
Author: Language: English Episodes: 100

How to Lose Money
Podcast Episodes
204: How to Lose Money by Making Instant Coffee with Josh Zloof [not-audio_url] [/not-audio_url]

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203: How to Lose Money by Staying in the Closet with David Hancock [not-audio_url] [/not-audio_url]

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200: How to Lose Money by Being in a Coma with Nick Prefontaine [not-audio_url] [/not-audio_url]

Duration: 43:10
In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents he probably wouldn't walk, talk, or eat on his own again, but he actually ran out of the hos…
198: How to Lose Money by Paying a 44% Tax Rate with Andrew Henderson [not-audio_url] [/not-audio_url]

Duration: 29:38
Andrew Henderson founded Nomad Capitalist to help people increase their personal freedom and to help them improve their financial situations and intelligently diversify their lives. Helping people save $280,000 a year in…