Vested Capital
Vested Capital

Episode 0 · 5 months ago

(EP0): Why The Rebrand To 'Vested Capital' And How Yaro Has Built Capital In The Last 20 Years

ABOUT THIS EPISODE

Welcome to episode zero of Vested Capital.

Although the title may be new, the show is still hosted by me (Yaro) and will continue in a very similar style to what you are used to from The Yaro Podcast and before that, the Entrepreneurs Journey Podcast.

Why Vested Capital?

Vested Capital is about how to make money and then put that money to work to make more money -- in other words, how to vest your capital!

I'll still be doing interviews with entrepreneurs, but I'm going to expand the scope of the show a little to include anyone who is making and growing capital in unique and effective methods.

I'll be talking to startup founders, entrepreneurs who've enjoyed big exits, angel investors, venture capitalists, crypto leaders, tech stock traders, real estate investors -- all sharing how they made capital and put their capital to work.

Capital (money), as I explain in this episode zero, is an incredibly powerful force for change. Having capital gives you options, you can invest, start new businesses, secure your future, buy property, and open doors to amazing opportunities.

Of course to make capital you first need cash flow and profits from something, so I will be asking our guests how they got started and track their entire journey to wealth.

How Yaro Has Made Money

For this episode zero, I thought I should tell the story of my own process to build income streams, start businesses and invest to grow my capital.

If you are familiar with my background story, much of this will not be new to you, but if you have never come across my content before, this episode will give you a solid overview.

Talk soon,

Yaro

Podcast: https://www.yaro.blog/pod/
Blog: https://www.yaro.blog/

Hey Hey: this is Haro and welcome to lepisode, Zero of the vested capital podcast. I must have recording this onvideo using the river side, dot, F, M, new podcast recording platform for bothvideo and audio podcast bit of a trial run for me, and it's also somethingvery exciting for me, because this is the start of a brand new re boot or arebranding of my podcast. If you are a long term follower of the Yaro podcastor before that the entrepreneurs journey podcast, which is started allthe way back in two thousand and five, then you'll know my work, and thiswon't be that different to what you used to. For me. This is still verymuch an interview, podcast very much about startups and business andentrepreneurship, but I'm expanding a little bit to look at all aspects ofbasically vesting your capital, so growing your capital, and that includesmaking money like generating cash flow businesses. But then I had to turn thatmoney into capital that both gives you opportunities to make other investmentsand also grows whether you're working on it and not working on it. So we'regoing to talk to experts and just have general conversations about what youexpect from startups on Preneur ship venture capital Angel, investing aswell as maybe other forms, investing that people are very much used to likeinvesting in stocks buying real estate, maybe more modern versions like cryptocurrency, everything that I'm interested in we're certainly going tobe talking about, and I'm looking forward to speaking to some amazingguests over the coming months and years, I'm also re dedicating myself to beingconsistent. Obviously this show is the well. I can't prove this, but I'mpretty sure it's the longest running entrepreneurship podcast, definitely one of the earliest podcast.If you count my start all the way back in two thousand and five, I haveremoved some of the old episodes, though, because frankly, they're notvery good, and I don't really want to have them in the feed for this show, soyou won't be able to go back that far. I think you can go back to two thousandand seven for the earliest episode currently on this podcast feed, butgoing forward. This is going to be called best of the capital and we'regoing to do it on Yuture we're going to do on a podcast, and we have some greatguests coming up that. I am really excited to share with you. For today,though, I wanted to do an introduction to myself what allows me to have somesense of knowledge and experience to talk about these topics. Basically,what I've been doing for the past twenty years in the world of capitaland and basically me what I've been doing togrow my own capital. So it's a topic that I think everyone's interested in.We all want to know what to make money, but one thing: I think that I reallywant to highlight, as we kind of start start this deep dive into my ownhistory is the power of capital. I know when I first got started early on. Ihad no capital, as most people in this world are, who are not born into a richfamily who did not inherit something or have something handed to them. You gota zero bank balance unless maybe your parents or your grandparents give you.You know a few thousand dollars here and there my for me, that's about it. Ihad an allowance and I had you know birthday money, but pretty much. Everypenny I made going forward was by myself and it's hard because withoutcapital, it's difficult to make capital without money. You can't invest thatmoney without money. You can buy something by a business, so you have tostart from scratch and then over the years, as you kind of see through myown story, which I'm going to share in the moment for those of you who are newto Yaro and who I am, I really learned the power of being able to take capitaland also cash flow, to very linked things and turn that into more capitaland more cash flow, which I think is what I really find fascinating. What Iget excited about because hey you only have so many hours in a day. You knowyou can't really spend all your energy on twenty different ways of makingmoney personally, because it's jus not possible. So you have to find ways toleverage. One of my favorite words are going to hear me use this a lot on thisshow and if you dive back into my past episodes leverage is something I getvery excited about, because it allows...

...you to get more for less. It allows youto tap into resources that will do work for you. I think there's leverageavailable in all kinds of different business models, all kinds of differentways to invest and grow your capital. So we'll definitely hear more aboutthat and I personally have experienced several forms of leverage which you'regoing to hear about in a moment. As I share my story, so capital is the thememaking money is obviously the start of capital. So I want to take you back intime to the late h s when I was about eighteen years old, and that was thefirst time where I was kind of out of my own. I guess I was you know inuniversity. I was very, very motivated to make money. It was not rainmotivated to go to university and study, but you know everyone else was doing it.I will stop for a second here just in case, because it might be some of youlisten to this, who are long term Yaro followers- and you probably heard thesestories before, because I have certainly written about them all myblog I've shared them various times on my podcast. I've done a life story,kind of podcast- maybe I don't know fifteen one I mean at Lin, maybe tenyears ago. I think back then obviously more as happened since then, but someof this will be a repeat, but I hope you'll still stick with it. For thoseof you who are new. This is a great way for me to introduce you to myself andobviously what I've done in terms of my own capital. So continuing that story I was in BrisbaneAustralia. I've entered the University of Queensland to study a businessmanagement degree with no really intentions beyond just having somethingto do going forward with my life. Now, in a case of very fortuitous timing, asI was eighteen it as one thousand nine hundred and ninety eight- and that wasthe start of what you've called the com bloom or maybe even you know the middlepart of it and there were Internet companies all over the place. It was acrazy time with crazy evaluations if you live through that experience, it'scrazy to think some of you listen to this might not have been around whenthat happened, but that was when I was just getting started and it was reallyreally influential on my own thoughts and ideas and motivation as anentrepreneur. That is the one thing I was certain about. I needed to be anentrepreneur, because I need to make money. I needed capital I needed tohave cash, so I didn't have to get a job, so I didn't have to do all thenormal things that it seemed like everyone else around me were doing andbearing in mind this is also a time in history. When we didn't have exampleslike we do online today, you couldn't just open up you tube and hear about somany people teaching or telling their stories of how to make money. How tostart a business. We didn't have podcast, we didn't have social media.We basically had website basic static website, so there wasn't a lot andthere went a lot of kind of role, models and mentors that follow. Therewere a few Richard Branchin I read his Richard Branson. I read his book backthen. That was certainly influential. I did read some other books that wereabout entrepreneurs about companies, so that was having a biddin big impact onme, and I was reading about making money to some of the classics like therichest man in Babylon. I think and grow rich one minute millionaire. Thesecertainly were getting my juices flowing, but I was most excited aboutthese entrepreneur biographies hearing about how e Bay got started, hearingabout stories from like Amazon, really the early tech companies at the timethat were becoming the big super stars and, of course those two are stillaround today. So for me, I decided to get into building a website as my firstkind of exploring a possibility of an online business, not really expectingit to become much. To be honest, it was more of a hobby because it focused onmy hobby at the time when I was in university and also in high school. Iwas one of those kids who played a card game called magic. The gathering whichI'm happy to say, is still booming. Today it is a massive game. Now it'sgot a digital online version, but back when I played it was nothing but thecardboard. If you never heard of magic, the gathering look it up online, it'skind of like a strategic card game. I like a look at it, sort of like maybe apoker but certainly way more complex...

...way more cards with a nice dose offantasy and beautiful card design. Beautiful Artwork you've got yourdragons, your els, the trition Al Fantasy elements, and I love the gameis certainly for about five years of my life. From about two and from aboutsixteen years old to about two thousand and twenty one I played competitively,I travelled a bit around the world as a professional magic, the gatheringplayer, I even represented my country in Australia, I was on the nationalteam. I came in the top floor and the national championship championships in Gosh. I can't remember now think I wasninety nine anyway that got me a trip to the states to represent my country,and it was really fun game. I still have fun memories of it, and nowadaysthe cards, speaking of the topic of capital, are a form of investment. Soif I had kept a lot of my cards from back in those days, I ended up sellingmy collection. I'd actually have a form of investment now, because some of thecards, especially things like the power nine, the early cards in Beta andlimited, I'm talking matches the gatherings. This probably don't meananything to most of you, but some of those cars now are worth as much aseven I think, they're pushing for the number one valued car being a BlackLotus. I think it's pushing half a million now. I know there was somesales, certainly in the multiple six figures, so I kind of like baseballcards, basketball cars as those really big cards that have a lot of value. Inmy case, though, I decided to start a website back then, and it was a placeto talk about the game itself to writetournament reports, which are kind of like reporting back on how you went ina magic. The gathering tournament, I got guess writers in there were newsgroups back then they're kind of like the early online bulletin boards, and Iwas involved in this community. I started this website, mostly for theAustralian market, place to begin with. Eventually, I needed a global brand andit became serious when I register the domain name: MTG Paradise Com, whichwas the first time I really had a proper domain name as well with aglobal brand. At that point, I I expanded to include a forum wherepeople were trading cards. I even rolled out an e commerce store where Iwas buying cards at wholesale selling for my own collection and the endresult of that e coma store, as well as as well as from some advertising income was, I guess you could say my firstreal online business, although I really see it more as a side hustle type ofthing, because it wasn't a lot of money. It was a thousand dollars a month atmost, but an amazing early experience in things like how to get traffic toyour website how to build a community how to even just design a websiteinstall scripts like forum software, and things like that. So this websiteis responsible for if we're talking about capital, you know getting me fromzero to kind of like ten thousand dollars in my Bank of savings, whichwas pretty huge for me at the time for sure fast forward. A couple of yearsstill have my card game website, but I saw a second business called betteredit com. It was an essay and thesis Editing Company. I was not the editor,though I was hiring freelance contractors back then. This is before we had upwork or any of those kind of mass market, freelance sites, fiver and soon, but there was a site that you could tap into for things like language,translation, editing, the services. In our case, though, for my company, itwasn't too hard to find contractors because they were just coming to us. Itwas a case of supplying demand. We had much more supply than we had demand, sothere was always a pool of potential candidates. My main job. With thatbusiness I set up the website. I went to university campuses in Australia andalso Canada when I traveled to visit family there I put up posters. I didGoogle searching and autistic during the first few years of Google becominga dominant force then, and it grew and became what I called my first realbusiness, because it was a full time income. For me, it was also thebusiness I focused on one hundred percent for the first time in my lifeand that's an important point before...

...that. You Know My card game businesswas a side hustle. Well, I was at university and doing other things onceI graduated, I look for a job. I kept a couple of casual part time jobs. I hadof the university, maybe twenty hours a week, working at the library doing abit of Web Design for the business school, but most of my time was growing.This essay and thesis Editing Company and during its prime, I had it forabout five six years it was making about a hundred thousand a year. So itwas a salary for me, not a big salary after you take out all the cost ofrunning the business paying the contractors, but it was a greatlifestyle business and it was my first taste of I guess freedom, because itwas very easy to run. It was completely digital, so I could travel with it. Itwas completely, I guess, driven by other people's skill set, so I didn'thave to be the one delivering the value. I was the connecting person there andit was a great experience as well with a lot of effort, insurgent Ortiz Tion,so learned about link, building and key words content marketing. That sort ofthing that was my early step into that world. I did eventually sell thatbusiness and I did also eventually sell my card game business. The card gamebusiness was sold first, I got about thirteen and a half thousand. If Iremember right for that company and I or website, basically, I sold it toanother car trader that was in the Community of the forums I had there andthe essay editing company Better Edito. I eventually sold to a person whoactually applied to become an editor selling that one for over. I think itwas about a hundred thousand us. So no, not life changing forever moments, butbig money, my first ever big hit a capital, was actually selling better atit. Seeing that hundred thousand dollars drop into my bank account wasmassive and it allowed me to then take. I guess, the next step in growing mycapital to buy my first property and also to buy something. That's not agreat asset. I bought a brand new car. Don't really recommend doing thatunless you, you know, you love cars, that you really need one, but I waswilling to reward myself after a lot of like about seven years of hard work andbought myself a car as well, and that was, I guess, the very very early day.So by this point, I'm like twenty five years old, twenty six years old and Iactually got into blogging prior to selling the essay editing company was acouple o years before I sold it. A friend of mine told me about bloggingand podcast ing, so it's kind of like we're connecting the dots here, thedaughter my podcast hit because of that essay editing company, because someonetold me about logging, which then led me to research podcast ing as well. Soit's all connected super early days. Blogs were the first form of socialmedia back then so, like two thousand and four two thousand and five andPODCAST ING was so new. I called it audio blogging, in fact not podcast ING.So I just got my. I had an e river, whichwas a competitor, the I pod and it had a little microphone on it. I Sat- and Irecorded my first ever episode kind of like this, but it only lasted forfifteen minutes and I was rambling off the top of my head about kind ofmarketing topics, and I published that on my blog and it then got listedthrough an our ass feed, as we still do today and became I the very firstversion of the entrepreneurs journey podcast the same name of my blog whenit first started as well entrepreneur's journey now I did not see this coming,but that blog took me to some amazing places and some amazing experiences andsome huge money that was actually the business that eventually became myfirst source of seven figures, so over a million dollars in sales. I will tellthat story in a moment, but I want to explain a little bit about the earlydays because it was very much the early days. This was when you could write ablog post and Google would just send you traffic automatically, which is notso easy today, but I got into it. I love writing about starting a businesssharing stories from running my card game business. From running my editingcompany, I had lots of content to share, wasn't a great writer to start with,but practice you know you right start writing a blog post every single dayand suddenly you're doing great an audience started to grow too. So Googlewas sending me traffic. I was connecting with other bloggers. Therewas a few other people who were rising...

...up with me at the time, like Darrenrouse from pro blogger and Brian Clark, from copy blogger so connected withthose guys and lots of other people, and I also started a news letter whichwas huge, can't really emphasize the importance of that enough having anemail news letter, all the way back in two thousand and six when that startedreally was the key to becoming what basically growing a business out ofthat. That became a seven figure business so through the power podcasting, an entrepreneurship blog and an email news letter on these topics, Ibecame what today you'd call an influencer. It certainly wasn't whatI'd call myself back then I had no intention of becoming one. I did notsee that as a possibility to make a living like we do today. You knowpeople people grow up now. Thinking I want to be a Yutu influencer and instarinfluence, or a tick talker, or something like that. I'm an introvert.I certainly had no intentions of any kind of fame. The fact that people werereading what I was writing and listening to my voice was already kindof exciting, but confronting at the same time. I certainly grew to like itand enjoy it, and I love love and still love meeting people whenever I go to anevent or even just digitally online, and they tell me that they read my blogor they listen to my show back in the day, or even you know in the recentyears, so that I get a real kick out of, and it was a life changing momentbecause it set me down a path to everything that I've done since then,and in terms of capital wow. I can't really say enough about the potentialand power of content, marketing and selling digital products on line, whichis what I did next. So I'm going to I'm going to basically shorten a long story,because my blogging career in some ways is still going. So it's like a fifteenyear journey, but there were about ten years of very concentrated time spenton this business to grow, my blog and my podcast into a true digital teachingbusiness. So when I say that at first it started with a membership site whichgot turned into an online course, which is called blog mastermind, which I soldto my audience, who followed me on my blog, my email news letter and mypodcast that took me from making. I think I was making three to fourthousand dollars a month from advertising on my blog and affiliatemarketing selling other people's products for a commission. But then Ilaunched this first course club log master mine and suddenly I'm making tento fifteen thousand dollars a month and the rest is more of the same. So fromthat point forward, I released another course and then another course with agood friend of mine named Gideon Shali. We created, I think, possibly the firstever video course about how to make money. Blogging called become a blogger.We ended up selling a million dollars worth of that course, and over theabout five years from two thousand and seven to two thousand and twelve, Ijust focused a hundred percent on these courses. My blog, my podcast, my emailnews letter and that's how I grew my capital from that sort of one hundredthousand dollar sale of the better edit business to making a million dollars inrevenue and a very good healthy profit margin. One thing I really love about:digital teaching, product businesses, they're very lean, small team. It wasme my web designer, my customer service, email management person, a few otherpeople here and there as I needed them. Copywriters web development, that sortof thing, but really very small teams of contractors. So the Prophet marginswere like seventy eighty percent. Maybe some money went to advertising and thatsort of thing, so I was pocketing several hundred thousand a year aftertaxes into my back account growing my capital and I was actually buying moreproperty in Brisbane Australia. Where I was born and raised. I went from thefirst property and I grew. I bought a half a million dollar bachelor pad, asI like to call it in my late Tis love that place and Brisben amazing views.Great Baranda right near the heart of the city had some great memories there.So my asset base, my vested capital, was really starting to grow during thissort of five years from two thousand and five to two thousand and twelve asevenn years. It really is two thousand...

...and seven thousand and twelve, and itwas a great time- and it was just an amazing time online,as well as a person who was telling digital products. It wasn't as crowdedand noisy as it is today. It felt like it was crowded and noisy to me at thetime, but it was so much smaller than it is today. Now everyone sells acourse or has an e book, or something like that, so I actually went throughtwo faces. I'm not going to tell the second story. Basically, I rebootedthat business again creating new versions on my training. I wrote threebooks launched a brand new membership site, called the Laptop Life StillAcademy, shout out everyone who's still in there, and I made another milliondollars in sales of my products and services, some of which I'm stillactually running right. Now I still teach or coach for blog master mine toPio, although it is not the main business, I focus on right now. It isstill definitely a part of my life and I love coaching and teaching andwriting and podcast ING, as you're hearing me now here, for this episode,Zero of vested capital, so that kind of connects the dots for verymuch what I would call it almost like the first half, and I would call thatme becoming an adult and certainly my capital grew the most that ever did inmy life. It was an amazing experience, and it very much, though, was based onmy own work and effort, so it was me creating a whole lot of content,growing three different businesses and great journey, certainly at gaming. Thefoundation for what's come in the last sort of five six seven years, so I justwant to kind of cover a few more stories to bring it up to day, and Idon't want this episode zero to be too long. Obviously, we have lots coming upfor you with this show, but I do want to finish my story because, from thekind of two thousand and fifteen on words, things start to get much morediversified and certainly not relying on my own effort nearly as much butfirst of all, I have to tell you about something that you call a failurebecause hey they do happen, and you know I was always trying new things aswell. So around about two thousand and eleven thousand and twelve I launched astart up. I really called is a start up, because I had two co founders shot outto Walter and Mick. The company was called Cranky ads. It was meant to be,or was a an ad platform to connect bloggers withadvertisers. So my vision for it was a face book stuckmaneroo you where bloggers would sign up advertises, would sign up and they'd,find each other they'd, be able to kind of search the social graph of loggingof content sites and advertisers to connect and do deals to make you know,add purchases, so the bloggers could make money. The advertisers could reachnew audiences. Unfortunately, I really learned for the first time how hard itis to develop software. The engineering side is a challenge. Walter was myengineer, Co founder and it was just slow going. Walter was working a lot ofhours and at the end of the day, we ended up closing down that businessafter about two years of working on it, I would say it was full time we werekind of part time working on it. The biggest lesson there was simply thedifficulty of engineering we did. You know, have some users, because I wasable to tap into my own audience learned a lot about the start out world.We almost decided to take on adventure capital. We did a number of pitches infront of angels and some venture capital options, but we turned downgoing down that route, because we didn't want the responsibility toinvestors if we were not sure where the company was going. So, at the end ofthe day after two years, we decided to close that one down great experience,again lots of learning and really my first exposure to this venture capitalworld from the side of being a founder which was at you know not that big adeal in the sense that Australia and venture capital is not a huge world forthat getting better. But obviously everything was happening mostly in theUnited States, in particular San Francisco. At that time, so putting crank yards aside close thatone down, I was still doing the logging in podcast ing. I actually decided toleave Australia around two thousand and...

...fifteen as well and go to none of themthan San Francisco. So I decided I wanted to explore more of the world,but also I wanted to live in a place where I thought I could meet moreentrepreneurial minded people. People who wanted to do non traditional, youknow, get a job, have a career lifestyle which was still very much themost common way of living. Your Life, where I was from in Brisbane Australiaand I just wanted to meet more people, doing amazing, exciting things in theworld of business. So I packed my bags headed up to San Francisco, got myselfa little condo apartment in the Marinadistrict of San Francisco, which is a lovely place to live. Did a lot ofwalking around met a lot of people, but mostly I was there thinking andplanning still growing my, I guess the second version of that teachingbusiness I had, but most of it was kind of like settle me in what I want to do.Where do you want to live? Do I want to stay here to want to keep traveling? Iended up deciding to continue to travel. I actually went to Vancouver and spentsome time there. I did a bit more traveling around Europeeventually, as well as you'll, see as the story continues. Let me try and connect the dots here.So after deciding to leave San Francisco, which to be fair, I onlydecide to leave because as great as it was, I didn't feel it was good enoughthat I had to stay there and pay the premium, because at the end of the dayit was very expensive. I was, I had a little bachelor pad. I was payingalmost three thousand us a month to live there. Moving to Vancouver mycosts cut in half and Vancouver is an expensive city. So you know s everskills very expensive, but I want to continue traveling, so I ended uptraveling over to Toronto or have family, and then I went over to Europeand began a bit of a European adventure which I won't dive into how it allconnected. But I found myself in Ukraine for the very first time, whichis actually where my father's side of the family is from. If you're everwondering where the Yaro Star Rack, that's my name comes from it's my Dad'sside of the family, and that was the first time where I actually ever metsome other arrows. When I went to Ukraine there's a few of them, thereare Yaroslav the more common version of it, so I'm in Ukraine and one of thepeople I meet there- is a gentleman named on Dree who works in the localgovernment, he's young, but twenty five years old and really he's clearly anentrepreneur once to get into the you know having his own business having hisown control over his capital, his income. His growth is money, but he'sin the government and he's rising fast. There too, so he's clearly a smart guy.We start talking. I actually found myself in a unique situation where Ididn't know what to do in terms of where I would go next. What I would youknow go back to Canada settle down in my mind. I had kind of plans forheading to Montreal and getting into property which will play a part in LesStory Coming Up, but I wasn't sure if I wanted to do that, so I actually endedup being kind of persuaded by on three. We were there. I remember thisconversation very carefully, kill it. Clearly, we were in a cafe in the Vivin Ukraine, great city. If you get a chance to get to Levi of go, thereamazing vive good, taxing amazing food culture, architecture, more coffee shops in one city percapita than any other city in Europe. I believe so. You love coffee great placeto go, and I was there for a few months, just being a digital, no mad. You knowliving there very affordable, comparing San Francisco to levive. Oh my gosh,it's probably ten percent of the cost of living in San Francisco. So I'mthere with Andre we're sitting down he's telling me about an opportunity.That's come up to take part in a Green Energy Initiative that the Ukrainiangovernment was pushing forward to essentially pay a tariff, which meansthey pay a higher rate or a guaranteed rate of return when they buy theelectricity. So the government buys electricity generated from wind farmsfrom solar, energy and so on. So we had an opportunity, thanks to under heseconnections in the government, to set up a solar farm if we could find thefunding now in a case of another way, I...

...grew some capital. This was actuallyaround two thousand and seventeen which, if you're a follower of crypto currency,was the I guess, the first ever public boom in Crypto and I'm recording thisnow and I would call phase to obviously Crypto Star with bit coin in sort oflate to and two thousand and twelve. But you know two thousand and seventeen isbeen to went mainstream. It was being talked about on the mainstream news,and people were pouring money into it, including myself. So I was lucky insome ways. I made a connection in Toronto in two thousand and sixteenwith a gentleman who was in the the crypto space and introduced me to thisother crypto called etherium. I thought I'd missed the train on bit coinbecause it was already worth two sand dollars. You can laugh at that now, aswe talk about it being worth fifty to sixty Sandolas, as I record this, but Ithought I'd missed the train on bit coin, but this new cryptic currencyethereum, which is even potentially better because it had this power calledsmart contracts. It was kind of like developing software on the block chain.I won't talk about that right now, maybe a future episode, but it was justgetting started and it was like eight dollars. That's how much the ether theETHEREUM CRYPTOGAM was trading at at the time. So I thought maybe this achance to get into something a little bit closer to the ground floor. Istarted using a platform called Toro to trade. It's really big in Europe isstarting to enter the states as well. As I record this, and the only downsidewith Otoru. It was hard to get a lot of money in there once I had to kind ofdrop in ten tousand dollar chunks at a time using pay, pall or whatever method.I could and slowly get money into the platform, and it was actually funnybecause I'd get ten thousand dollars into the platform I buy etherium atmaybe a fifteen dollar price I'd be trying to get my next deposit on theplatform waiting for it to clear a theory would jump to thirty tellers,and I, like Oh, my gosh. If I can just get my money in here, I'd be doublingit. You know every week or so, and you cut a long story short. It was a crazyyear if you were involved with crypto in two thousand and seventeen fun funride. I'd have some some periods where I'd make a hundred thousand dollars ina week. I'd lose fifty thousand dollars the next week. It was all on paper. Ofcourse, I wasn't you know, buying and selling too much. It was is sittingthere in my account to cut a long story short, which willprobably be a story. I do share in more detail throughout the future, but andwill come up as well. Whenever we talk about Crypto, I was lucky in some sense, because I meton three and we then decided. Yes, let's make this solar power plant ideareal. I have all this money I've made in the CRYPTO space. By that point youknow my I put in about a hundred and fifty thousand dollars US- and it wasgetting close to well throughout the year- would be anywhere from half amillion to a million dollars in paper games there, and you know it was justsitting there of course, like everyone else, I was greedy, hoping it wouldkeep going up and I would not have sold it if it wasn't from eating on threeand making the commitment that we're going to start this Sola plant together.So thankfully I say, thankfully, because luckily we had a kind of adeadline of December of two thousand and seventeen to put in Maya proportionof the investment into the Sola plant. So I actually took out half a milliondollars to put that into the pure power solar farm in Ukraine that we werebuilding together. So I'll share the story of how we ended up. Building thatand the steps that went to create it to be fair on read and most of the theheavy lifting and all the work on the ground, and we had a partner there. Iwas more of the the financial investor. If I didn't have that deadline ofpulling out that money to put into that project January two thousand andeighteen hit and then crypto just started to collapse, I would haveprobably watched my money drop down all the way to where I started. I wouldn'thave lost it all, but I'd be losing ninety percent of my gains. ThankfullyI locked in at least half of all the...

...games I ever made, because I had to putit into the solar plan now, of course. Finally enough, if I kept all my moneyin the crypt occurrency holding it to today, it would be worth two or threemillion dollars. Instead of you know whatever I sold it at, but that wouldhave required me to hold it all the way through the twenty eight teen crash,losing eighty percent of his value and keep holding it two thousand andnineteen two thousand and twenty believing that grip to would eventuallytake off, which I know myself, I probably would not have done. I wouldhave pulled that capital out and put it into other projects. So I'm very gladand very happy that we did the solar energy plant in Ukraine. You can seesome pictures of that on my blog, it's something I'm very proud of, becauseit's green energy use cryptocephalus and it's helping Ukraine as well. Youknow growing the local economy, it's providing energy locally, as well, so very fun project and very differentfrom anything. I've done before you know as a information, marketer onlinemarket or jumping into solar energy left field. So great experience andlove to talk more about that in the future as well. But want to keep goinghere so after the Sola farm was done. Iactually did eventually decide to move back to Canada. I did a bit more.Traveling went to Europe, Germany, a lot of visiting some conferences, Rwrote a book while I was traveling around Germany and Amsterdam to the UK,but eventually found myself back in Montreal and decided to finally do whatI actually had the intentions of doing, which was invested in property. Ishould mention I did actually puris a property in Ukraine, primarily becauseI was there and property is very affordable. It was a fifty thousanddollar apartment. I put some renovations in. I wouldn't see that technically as aninvestment. It was simply because I planned to be there because of thesolar farm and it was nice to have my own place in Montreal. It was moreabout investing, so I decided to take the capital this my capital I gainedfrom obviously my previous businesses, but also from selling my property inAustralia. So by this time I've left Australia. I've been out of the country.For about four years. I decided to really truly leave sell, sold all myassets there. All my properties were sold. Eventually, it didn't happen allat once, but eventually they were sold. So I had this capital I wanted to putinto property. I knew Canada was still booming. I felt Vancouver was very,Very Pricey Toronto, Very Pricey Montreal fifty percent off compared tothe rest of the big cities. So I was thinking this is the next place to getinto property, plus a great great city for buying multi unit places likeduplex trip. Lexes. I've never had one of those before so I wanted to get intothat as well, so again to cut a long story, sure I Iended up buying three properties. I now have a triplex and a condo in a FILEXand another unit standing in right now in a duplex, and I hope to buy the oneupstairs at some point in the near future when the current owner decidesto leave. So I'm going to save my stories about property as well for thefuture, but it certainly has been so far a mixed experience. Horrible insome levels due to unforeseen repairs, surprises that have been needed. Somebig money has been sunk in and then of course, positive side. The Games havebeen good. The capital growth in Montreal has very much kept on par,trying to catch up to Toronto and Vancouver it's grown ten to twentypercent a year in capital gain as well. So it's kind of offset the cost ofreinvesting to do repairs and I was able to spin out some of those capitalgains the refinance to buy. You know the second and third property, so I'mnot going to go into all that detail because obviously it's a lot that'sgoing on, but that meant that I had property investments. I had a propernew crane had a Sol a farm in Ukraine still had my coaching business and thelast couple of stories. I have to kind of wrap up my story. Thank you. Ifyou're still here listening to me, I know this is a long story. It's jest metalking just me, rambling.

That will not be the future. This isgoing to be very much an interview based show, but I want introduce thoseof you who are new to me. So you know a bit more about who I am around about the same time as I was inUkraine, starting the solar plant. I also, I also decided to do a littleexperimenting in the world of Angel Investing. Now it wasn't the first timeI actually made an investment in someone else's company go back in timeall the way to two thousand and seven when I was still getting started withmy own blog actually connected with a friend named Albers Falla in Australia,and he had a blog. He started kind of round the same time as mine about carscalled car vice. His blog, however, went down a different track to mine. Iwas sort of a lifestyle, blogger running my own company. He went down toventure capital route, got investors, got a partner and grew a team, andeventually that company was doing as much as I think about twenty milliondollars a year in advertising revenue and and they ended up selling to thenine network, big media and TV channel in Australia, for sixty two million, Ithink, was the final combined price of selling that company and because I wasso close to him- and you know talking to him about our companies on a kind ofmonthly basis. There was a few opportunities to invest and I finallygrabbed one. I was probably one of the later opportunities should have goneearlier, but I did drop a fairly hefty chunk of my profits from my ownbusiness into investment and it is which resulted in not a huge game.Three times my money back a little less than that, and we two and a half timeson money back, but it was my first taste of you know angel investing. Ididn't really think about it. That way, I just happened to have a friend withan opportunity fast forward, though, to two thousand and seventeen. I'm like Igot some capital. I want to experiment in Angel Investing and that's actually,when I discovered Jason cocain his podcast this week. In start ups, it's along running podcast. I knew about Jason Prior to that, though, becauseback when I was early days blogging, he was the guy who first sold a blognetwork, so he's the guy who started logs like in gadget a bunch of otherwell known blogs that were bought by a Ol for twenty something million dollars.If I remember because I remember the news- because I was you know- sort ofin the middle of my first two or three years of logging- It was exciting time.Logging was huge, and then I see this news this this young guy, named Jasonfrom New York, sells this collections of blogs. It was called web logs ink toa Ol for some twenty plus million dollars, so that was the first time Iheard about him, but I kind of you know didn't really follow him back then. Now,with his podcast, which he's been running for a long time, I think hestarted a similar time to myself and like two thousand and five with hispodcast, I never really pay attention to it, but I got into angel investing.I read his book, which was a big factor in convincing me to get into it, and healso has an angel investing syndicate. So that's a place where you canbasically join a group of people who all put in the small amount of moneytogether to invest in a start up led by a lead in this case, Jason is the lead.He runs the syndicate. He finds the investment opportunities, the startraps that you can invest in. He then presents that to the syndicateand you can invest. You know anywhere from two thousand ten thousand twentythousand, that's kind of like the typical ball park range. But if youhave a few hundred people doing this, there's a lot of money going to thesestart ups, with Jason being the you know, the lead and representing thisindicate, so I learned about that through his book. I learned more aboutJason. In his story, being one of the early investors in Uber and calm- andyou know amazing and more importantly, learning about the potential of therare, very rare outcome of getting some kind of a Unicorn as they're callednowadays billion dollar start up plus, if you get into these companies, as youprobably, you know, heard about some success stories over the last. Even asI record, this has been so many. You Know Door Dash Air Bean vcoin base, somany companies float and if you're, one...

...of the people who are there earlyyou're getting anywhere from a hundred to even two three thousand multipletime. Your money like in times your money like, for example, with Jason,getting into Uber. I think he put in twenty five grand and it returnedsomewhere between three to four thousand times that that's rare, it's acase of being in the right place at the right time and making the investment. Ilearned a lot from Jason, I'm not going to talk too much more about angel, avesting, because it is it's a topic in itself. I will say, through Angel,through Chasen Syndicate through Angel Lists, another place where you can findsyndicated deals to invest in startups through my own network as well. I'm nowover twenty five angel investments and still doing more so if you areinterested in potentially you know having myself as an angel investoradviser love to hear from you, I'm going to be expanding that side of whatI do because I'm loving it. I think it's a lot of fun. I love being part ofearly start ups and even just hearing about how they're going and whatthey're focused on. So I'm definitely putting some more energy into that.It's a big part of my capital growth journey for the future and will be apart of this podcast for sure, in fact, that the main name for this podcast ismy name: Yaro Dot, v C, so I'm very much connecting it Yaro dot vestedcapital, the best of capital podcast. So if you want to see the deals, I'vedone so far, you can head to my blog Yaro do blog and I've got them listedthere. I will definitely migrate them over to Yar do c at some point, but fornow how yarrow up log you can see some of the early investments I've made insome companies and then to kind of wrap up this story. To give you the thingI'm focused on right now, besides this podcast and my my blog and so on, mymain company, my own start up, is called in box done com which I've beenrunning for about for four four years, full time now I'd say with my coFounder Clare. So this is a business that I do. Love to promote. You'll, seeme talking about it on twit air, we're doing a lot of marketing. You knowrunning ads and so on. Writing Content in box done is a service that basicallytakes over doing your email and your customer service. So if you're drowningan email personally, your in box is full. We can take over answeringreplying managing eighty to ninety percent of your emails. We can also take over. You know yourcustomer service. Your help, this tickets, if you're running some kind ofbusiness, where you get a lot of queries, we our team is, you know USbased college, educated, English of the first language, great communicators.You know we're not out sourcing overseas, so it is what we focus on inparticular, is written communication. So we very much specialized in that this business has been a lot of fun togrow. It's very similar to my essay editing company out. The connectionshere are always fun to talk about you go back in time. I was running thiscompany early, two sand, where I connected university students withpeople who were often university professors, post graduates, great atacademic, writing, provide essay, editing, feedback and thesis headingand feedback. Now we're connecting people who have too much email withpeople who can step in as email specialists and help clear their in boxevery single day. So this is very much my start up. We're on track we're atabout half a million dollars run right, as I record this annually, lookingforward to getting that to seven figures. Hopefully, within next twelvemonths or so- and I see myself certainly focusing on this company fora good while and you'll definitely hear me mention it many times and if you'relistening to this and you help with your email, o your custom support, getin touch or head to in box done com, I'm the C MO Chief of marketing Claireis basically the CEO running our operations. We have a team about twentyfive and Yeah Great Company and we're really enjoying that. So that's my main,my main kind of cash low business right now. I still have my coaching businessas well, and then I have all these investments running. At the same time,solar company Property Angel...

Investments- I still have somecryptocaria during this new boom stock investments. So I got a lot of investedcapital out there leveraging my past to grow my future okay. So I'm going tocall at the end of this podcast. As I said, this is episode: Zero of theRebrand, the renew vet, the renew the new vested capital podcast we're goingto do some interviews coming up, I'm starting to record them. Actually. Nextfew weeks got some great you guests lined up really want to reach peoplewho are doing amazing things with their start up, maybe with investing interesting ways to grow their capital.Interesting ways to generate cash flow. We're going to talk about it. I helpyou stick with it. That's it please subscribe share with your friends,can't wait to talk to you more in the future. On this podcast, my name isYaro. I will talk to you very very soon by Bye.

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