Money, Trust, Friends

🎙️Money, Trust, Friends 
There is quite a Balancing Acts - Investing in Friendships and Financial Ventures. 

Embark on a riveting journey with hosts Jana and Jason Shelfer as they dissect the intricate dance between friendship and financial ventures in their latest episode, "Money, Trust, Friends." Ever grappled with the dilemma of supporting a friend's entrepreneurial dreams while safeguarding your financial interests? This episode is your compass through those uncharted waters.

The Shelfers lay bare their personal struggles and triumphs, narrating tales of navigating risky financial waters without capsizing the boat of friendship. From the pitfalls of investing in a friend's nascent financial advisory business to the rewards of collective growth, the hosts delve deep, unraveling the threads of trust, support, and entrepreneurship.

But it's not just a financial rollercoaster; it's an intimate conversation about the delicate balance between optimism and prudence. "Living Lucky" isn't just a philosophy; it's an invitation for you to share your experiences and contribute to a collective narrative of navigating life's hurdles.

In a unique twist, the hosts put you in the advisory seat, seeking your input on a profound question: Can you invest in a friend's business without jeopardizing the personal bond? With a quarter-million-dollar risk on the table, Jana and Jason grapple with the weight of responsibility and seek your advice.

This episode isn't a mere guide; it's a reflective journey prompting you to evaluate your values, risk tolerance, and the interplay between personal connections and financial endeavors. As the hosts share their internal conflicts, they invite you to join the dialogue. What would you do in their shoes?

Tune in, contribute, and let's collectively navigate towards a life that's not just lucky by chance but by choice. Don't miss this candid conversation about trust, support, and the tough calls that come with entrepreneurship.

🚀 Key Takeaways:

• The intersection of friendship and finance.
• Navigating the risks and rewards of investing in a friend's business.
• The "Living Lucky" philosophy: A shared journey towards intentional choices.
• Your chance to be the advisor: Help Jana and Jason make a pivotal decision.

🌐 Join the Conversation:
Share your stories, wins, and maybe even your losses. Be part of a community where your voice amplifies th

For mind-blowing inspirational content, join us on Living Lucky TV and on Living Lucky TV Live where you become part of the show at EtherealTV.net

Thanks for joining us.
CONNECT with us in our PRIVATE COMMUNITY

*** The Living Lucky Community is experiencing what it feels like to create a life of inspiration where dreams come true. Check it out HERE *** or at https://www.startlivinglucky.com/sendusyourdreams

!!! SEND US A MESSAGE: Are you ready to unlock your path to a more inspired life where you're Living Lucky®? Email me directly and let's chart your course toward realizing your dreams and creating a life that fills you with daily inspiration.
Email Jason Shelfer HERE

The 4 pillars of Living Lucky
Believe in yourself
Believe in the people around you
Believe in your circumstances and
Believe that God is working through you, for you, and always conspiring in your favor.

*Previously Recorded

Transcript

Speaker 1: 0:00

Are you ready to create a life you crave? Let's spin that doom loop of negativity into an upward success cycle and start living lucky Good morning. Good morning, I'm Jammy, I'm Jason and I need some advice.

Speaker 3: 0:19

I know we both do.

Speaker 2: 0:21

We're in a pickle, a big ol' pickle.

Speaker 3: 0:25

We're diving into financial investments.

Speaker 2: 0:30

Investments. We are tackling this area of our life head on, and here's the thing Sometimes I think you and I, we want to root for the underdog. We want to help people around us, especially people who have come in and out of our life. Yeah, and we consider them friends and we want to send the message and we believe in you and I'm going to take a chance on you. However, here's the predicament that we are in we have a friend who is just now becoming a financial advisor.

Speaker 3: 1:11

Yeah, and licensed in everything, so they've been through the schooling but they don't have the real life experience.

Speaker 2: 1:16

No, and the investments that we're looking into, the total and they don't have the mindset that Jason and I have. Jason and I have spent eight years with intensive mindset awareness and broadening our mindset when it comes to abundance, wisdom, the communities that we form, living in purpose, living in service, our spiritual I mean. We have really gone into the deep end when it comes to self-development. So not only are we trying to help a friend become a financial advisor, but they still have a mindset that's a little bit fixed and limited, if I'm to be completely real, and they're also still in I believe that's still in the education phase.

Speaker 3: 2:11

Oh, definitely. Because, without the real life experience. You can have all the intellectual knowledge that you want, but until you are applying it. And you. It's like they say every plan is great until it meets resistance there's going to be. There's resistance in the stock market. There's resistance in any type of financial investment right.

Speaker 2: 2:32

So okay. So let's just, I would love, I would love people to call me right now. I would love people to call me or send me an email because I need your help. I need an outside perspective, which is what we talked about on our last podcast. That's right. I need an outside perspective on what I should do, because friendships and relationships are extremely valuable to me. However, for this particular area, I'm the one we're the ones taking the risk the most risk.

Speaker 3: 3:08

yeah, when you, when the financial obligation is upwards of quarter of a million dollars, $250,000 is the is basically the minimum financial buy-in here, Then it's not.

Speaker 2: 3:22

I don't believe it's my responsibility to pay for my friends education or real life experience, or get my help, my friend, get their first clients right so that they can go and tell other people well, I've helped Jana and Jason, right, right, and it feels to me like, yes, I want, I want our, I want to be a good friend. But I also feel that I'm really trying to be optimistic about all this. But sometimes, when you do business with friends, it can, it can blur the line a little bit.

Speaker 3: 4:00

That's where the old saying this is show business, not show friends, comes in. Oh, I've never heard that before and it's in its business.

Speaker 1: 4:10

This is a financial transaction yes, we want to help our friend.

Speaker 3: 4:14

But we can't. I can't, in good faith and good conscious, say I'm gonna pay two hundred fifty thousand dollars so you can get your feet wet here. I mean I'm just in it because it could turn out wonderfully. I mean, just the mindset of a rookie can be exactly what we need.

Speaker 2: 4:33

I know what and I also think about you know our path and us starting our business and the people who we want people have faith in us who really took A risk on us.

Speaker 3: 4:45

you know, having us come to some of these big companies and the people who stuck out their arm and said you know what I believe in you, but also, when I look back on that, a lot of them were friends of friends, so like once removed and they were also, they saw what we had been doing, so we already had a track record. Yeah, I mean you, have you been speaking since the Olympics?

Speaker 2: 5:12

my whole life, yeah, I've been speaking. My whole life I've been performing, I've been speaking and once I had my car accident at age fifteen. It almost feels like disability awareness has been a side job.

Speaker 3: 5:27

It's just part of the gig of being in a wheelchair, and even when you were hired at the radio station, it wasn't full time, it was. It was. Hey, we're gonna put you in as an intern.

Speaker 3: 5:36

I know, let's see how you do as an intern and then we're gonna make you part of the like, a real part of the family, you know. So it's. I think this is very common practice in a business setting or an investment setting. Because they were investing in you as talent, they said, alright, we're gonna let you come and improve yourself so you're able to get the experience. Yes, and I don't know that it's our job as a friend to pay for our friends, experience and that's just.

Speaker 2: 6:06

it goes back to that question, though how do you get experience if nobody will take a chance on you? And if your friends won't take a chance on you, then it's you start to feed the doubt in your mind and in your heart and in the abundance mindset though, you realize there are eight billion people on the planet.

Speaker 3: 6:27

That's true.

Speaker 2: 6:28

Don't rely on me, so why should I need to be your first?

Speaker 3: 6:31

client. Right, I will.

Speaker 2: 6:33

I want to be your client, but also, especially since we're learning as we go it's not like it's changed for me at this point in my life, and so I don't. I need some sort of reassurance, or I know that there are no guarantees, but I need a mentor or somebody that has done this before.

Speaker 3: 6:53

Already has the real life experience. It's already been on the battleground, and that's that's the thing is when both parties are learning and the other like, if it's not me getting like, I'm taking the most risk yes and the other person is learning as well yeah that doesn't feel like an equal exchange, true, true, like we're both paying for education, except for I'm the only one fronting the money. Yeah, you're right. So part of that education is money is money Blurring.

Speaker 2: 7:28

I mean, let's, let's just think of it as I don't know. Can we, can we substitute instead of money? Can we say that you know what Brooms we're buying? We're buying brooms, or something.

Speaker 3: 7:41

I don't know when I call it energy, because money is just energy, it's a way of, it's a okay, okay, paying for it.

Speaker 2: 7:48

So let's just say, I have a wheelbarrow full of energy, and a friend of mine comes up and says hey, I'm, I'm starting an energy seeding business where I Take people's energy and I actually plant it for them.

Speaker 3: 8:07

I plant it in other things and to create more energy.

Speaker 2: 8:11

And so then I say okay, well, have you done this before? No, nope, but I got however, I've I've been going to school and I've been learning, so in theory, I have an idea of how this could work. I just need somebody to take a chance.

Speaker 3: 8:29

I know what to look out for.

Speaker 2: 8:31

Yes, I just need somebody to take a chance and to invest their money or their brooms or their energy.

Speaker 1: 8:38

Oh my god.

Speaker 3: 8:38

I'm confusing myself High risk, high risk things and some low risk things and some medium risk. So you'll be diversified and I'm gonna learn a lot through this and here's the other thing.

Speaker 2: 8:49

If this, if this friend of ours Came across as being super confident, that would be a different thing. However, this friend of ours is coming across as well. There are no guarantees, and you know, you've read the books.

Speaker 3: 9:06

You've read more books than I have and I haven't done so well with my own energy, oh yeah, my own.

Speaker 2: 9:13

That's true, like you would never go to a dentist with bad teeth, right, yeah, and this particular financial advisor has I mean, has a Bankruptcy.

Speaker 3: 9:25

I don't, I don't want to like throw them under the bus of not being that successful, which is great, that they got all the knowledge like they went and got, they studied it, got the knowledge and Might be. Might have making that made the turn. Making might have made the turn to now be very successful, and I hope so.

Speaker 2: 9:46

Okay, well, what would you guys do? Whoever is listening to this? We, jason and I, are in a blind spot right now and we need some outside help. We need somebody to listen to what we're going through, and I mean, I guess another conflict that I have inside my soul is that I value relationships higher than I value money energy.

Speaker 3: 10:14

Yeah.

Speaker 2: 10:15

Right. Yeah and so that is the conflict that I'm having. However, I value my dreams above all of those, and I feel that God is I mean, god is at the top of my, my peer, yeah, and, and then underneath, that is my dreams. I want to, I want to do everything I can to to make my dreams come true, and it has come to my awareness that I need resources in order to make that happen, and so I need to be able to invest my energy.

Speaker 2: 10:51

Well, you know, I need to be able to invest my energy well, into making more energy so that I can impact the world and do the work that god is, I feel, putting on my heart.

Speaker 3: 11:03

Yeah, so if you have any thoughts or ideas on this, or give us your perspective on which way you think we should go, because we also have another advisor that is well first and has history track record that proves success, which way would you lean in this?

Speaker 2: 11:24

yeah, I feel like we're kind of mucking up the well the territory, though by putting that well, we, we available and the fact is that we can have new friends and still keep our old friends. Yeah, that's a good point, like why am I saying that this is a friend maker breaker?

Speaker 3: 11:46

so friends are resources. Well, I mean, there it's a. It's a mutually beneficial resource. Where does the? Where does the line get drawn in responsibilities between the two? That's? That's the question. Like am I? Am I beholden to an past relationship and friendship that I'm not supremely confident and I'm still learning into this equation right now? Or am I free to have this new friend because resources are abundant, right and say this person has the, has marked all the boxes and has a history of a success? I'm learning. I want this person to teach me what they know and lead me in the right direction. Or do I need to go back to my old friend and say I know that you're learning, I'm learning, here's all my money and energy. We're gonna learn together through this and I may come out with no energy. Yeah, yeah, my email address is admin at start living lucky dot com email. I would love to hear from you yeah, tell us what you think.

Speaker 2: 12:54

Be our advisor on this admin at start living lucky dot com if this was your Predicament, how would you deal with it in your life? We would greatly appreciate your feedback, because we want to keep living lucky thanks for joining us.

Speaker 1: 13:09

Bye, bye. If the idea of living lucky appeals to you, visit us at start. Living lucky dot com.