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Cliff Braun & Ray Mahboob | Crypto, Real Estate and Investing

Damn Good Day 

Clif Braun is widely recognized as one of the most inspirational, entertaining, and authentic leaders in the world of Social Marketing. Ray Mahboob is a renowned real estate investor & crypto enthusiast.

In this episode, we discuss:

  1. Crypto
  2. Real Estate
  3. Investing

In the first part of the conversation, you can have the chance to watch an intriguing conversation between Cliff Braun and Ray Mahboob, who is in commercial real estate. The show, called “The Damn Good Day Show,” has a unique setup, incorporating a living room into a podcast. Cliff introduces Ray, mentioning that they’ve known each other for quite some time through a network marketing company called Vemma.

Clif is living a fascinating life, traveling the world and residing in Colombia. His level of networking and success in commercial real estate is impressive. He’s currently working on a remarkable project in Santa Barbara, building a hotel with a stunning glass-bottom pool on the rooftop. Santa Barbara has become a hot spot for celebrities and wealthy individuals, driving up property prices.

The conversation was filled with humor and anecdotes, showcasing the enjoyable dynamic between the two hosts. Overall, it was a captivating start to the “Damn Good Day Show” and I’m looking forward to learning more about their adventures and insights in the upcoming parts. Stay tuned for the next summary!

In part 2 of the conversation, continues with Ray explaining how he got into the hospitality industry. He diversified his real estate portfolio by owning multifamily apartments, office spaces, retail properties, and now a boutique hotel. Ray faced challenges during the COVID-19 pandemic when his tenants couldn’t pay rent, leading to financial difficulties for him.

The hosts discuss the frustrating experience of dealing with government laws and assistance programs during the pandemic, which wasn’t always fair to landlords. Despite the tough times, Ray managed to navigate through the crisis and make progress with his hotel project.

Ian also learns about Ray’s life in Medellín during the extended lockdown, where he experienced the unique driving restrictions based on license plate numbers due to air pollution. Ray also shares his interest in diversifying his investments, including cryptocurrencies like Bitcoin.

Currently, the two hosts are attending an NFT (Non-Fungible Token) conference in Miami, showing their interest in exploring different investment opportunities.

This part of the show provided insights into Ray’s resilience during the challenging times of the pandemic and his forward-thinking approach to diversifying his investments. Stay tuned for more interesting topics and discussions in the upcoming parts of “The Damn Good Day Show”.

In part 3 of the conversation, the hosts discuss their interest in cryptocurrencies, particularly Bitcoin and NFTs (Non-Fungible Tokens). They share their experiences and insights into the crypto space, highlighting its various facets and investment potential.

Ray talks about his involvement in the crypto world, working with exchanges and Bitcoin ATMs to make crypto more accessible for people. He mentions that Bitcoin is currently in a phase similar to the early days of the internet, with the potential for massive adoption, but still facing challenges.

The discussion delves into the importance of diversification in investment, with Ray recommending listeners consider investing in Bitcoin through products like “b-i-t-o,” a derivative of Bitcoin available through brokerage accounts. This option allows investors to have exposure to Bitcoin without the complexities of holding private keys.

Cliff and Ray share different perspectives on risk and return in the crypto world, with Cliff being more comfortable with institutional investments, while Ray prefers to hold private keys and have full control over his assets.

The conversation takes a humorous turn with Cliff joking about relationships, emphasizing that one needs to be mindful of risk and return in both investments and dating!

Overall, this part of the show provided valuable insights into the crypto space and highlighted the importance of understanding risk and diversification when it comes to investing. Stay tuned for more intriguing discussions in the upcoming parts of “The Damn Good Day Show.”

In part 4 of the conversation, the hosts continue their discussion on Bitcoin and its future prospects. They talk about the potential impact of institutions like BlackRock applying for a spot ETF of Bitcoin, which could attract more capital and increase demand, thereby driving up the price.

Ray highlights two upcoming events that could positively affect Bitcoin’s price: the mining difficulty increasing after the halving and the end of the interest rate cycle, which may lead to a plateau and create an opportune time to invest.

The hosts also mention the importance of getting in before the “smart money” and highlight the historical trend of Bitcoin’s price surging six months after the halving event.

They touch on the upcoming presidential elections and its potential implications for the crypto space. While not delving deeper into this point, it suggests that political developments can have an impact on the regulatory landscape and sentiment around cryptocurrencies.

Overall, the discussion reflects their bullish outlook on Bitcoin, citing various factors that could contribute to its future growth. However, it’s important to note that investing in cryptocurrencies carries risks, and it’s always advisable to conduct thorough research and consider personal financial circumstances before making any investment decisions.

In part 5 of the conversation, the hosts discuss ways to get involved with Bitcoin beyond simply buying and holding it. They highlight that educating oneself about cryptocurrencies and blockchain technology is crucial to understanding its potential.

Ray suggests that individuals interested in crypto should explore various facets of the industry, such as mining, trading, and blockchain projects. He mentions that different investment approaches suit different risk appetites and knowledge levels. For example, some may choose to invest in publicly traded miners or explore Bitcoin-focused exchange-traded funds (ETFs) like BITO.

They also mention the importance of staying informed about regulatory developments, as changes in government policies can have significant impacts on the crypto space. Being proactive about learning and diversifying one’s investments can help navigate the rapidly evolving cryptocurrency landscape.

As with any investment, it’s essential to conduct thorough research and consider personal financial circumstances and risk tolerance before making decisions in the crypto space. Cryptocurrencies are known for their volatility and can involve significant risks, so caution and due diligence are advised.

In part 6 of the conversation, the discussion centers around the advantages and challenges of network marketing in the cryptocurrency space. The individual mentions the prevalence of Ponzi schemes and scams in the industry but also highlights the benefits of having a mentor or someone to guide newcomers through the complexities of cryptocurrency.

They recommend seeking education before investing and point out that network marketing platforms like Blockchain Alliance offer free educational resources, including videos, to help people learn about mining, trading, and other aspects of the crypto world.

The conversation also touches on the influence of prominent figures like Michael Saylor and the impact of institutional interest, such as BlackRock’s application for a Bitcoin ETF, on the cryptocurrency market. Additionally, they mention how cryptocurrency and Bitcoin have contributed to the nomadic lifestyle, allowing people to live and build lives in various locations worldwide.

Lastly, the conversation acknowledges that investing in Bitcoin is not the only option for exposure to the crypto market. There are various stocks and investment vehicles tied to cryptocurrencies that individuals can explore if they prefer not to hold the digital asset directly.

Part 7 of the conversation delves into the intelligence and debating skills of Michael Saylor in the context of his expertise in the crypto industry. They discuss a debate where Michael Saylor apparently outperformed a prominent gold expert with his logical arguments.

The conversation then transitions to the challenges and advantages of network marketing. The individual shares a story about John Melton, a comedian, and his take on the industry. They emphasize that network marketing has no barriers to entry, making it accessible to anyone, but this also means that inexperienced or unprepared individuals can tarnish the industry’s reputation.

They acknowledge that while network marketing is a great industry, the lack of a filter in entry can lead to issues with some participants not knowing what they are doing or giving the business a bad name. Nonetheless, they highlight that success can come from unexpected places, and they share an example of someone who earned significant income through network marketing.

It appears that the conversation is moving toward discussing the potential upsides and pitfalls of network marketing and its relation to the cryptocurrency market.

In part 8 of the conversation, they continue to discuss the success of network marketing and how it can be achieved with dedication and consistency. They share a story about a person who started off shy and inexperienced but eventually became a top earner in their network marketing company.

The conversation then shifts to the real estate industry and the level of competition it faces. They highlight that success in real estate is not solely determined by intelligence or knowledge but by networking skills, open-mindedness, and the ability to connect with people.

They talk about the importance of communication skills in both network marketing and real estate. Not only that, but they emphasize that being able to effectively communicate, network, and take feedback are crucial skills that can set successful individuals apart from the average ones.

Overall, the discussion revolves around the mindset, skills, and strategies required to succeed in both network marketing and real estate.

In part 9 of the conversation, they continue to discuss the importance of reputation and communication skills in various industries, including real estate and network marketing. They emphasize that building a good reputation can take years, but it can be easily damaged by one wrong decision. Being likable and trustworthy is crucial for success, especially in smaller communities where word-of-mouth matters.

They mention that in network marketing, reputation is important, but they have observed that some individuals with questionable ethics can still succeed due to their following or network. They also talk about how social media has changed network marketing, making it easier to recruit but harder to retain team members.

The conversation then shifts to the idea that one’s network determines their net worth, and they praise the listener’s ability to connect with people and build relationships. The listener attributes this skill to their aversion to drama, their ability to forgive quickly, and their preference for handshake deals over extensive negotiations, which is something they plan to change as they deal with bigger numbers in the future.

Overall, the discussion revolves around the significance of reputation, communication, networking, and ethical practices in achieving success in different fields.

In part 10 of the conversation, they discuss the concept of happiness and its relationship with success. They talk about how pursuing outdoor activities and connecting with nature brings them joy and helps them cope with stress. The listener mentions how the passing of their father made them reevaluate their priorities and focus more on enjoying life and doing projects they love.

They also touch upon the importance of not sweating the small stuff and not always enforcing contracts, as it can be more stressful and less rewarding in the long run. The listener shares a recent accomplishment of participating in a 545-mile bike ride as a fundraiser for an AIDS non-profit, which brought a sense of fulfillment.

They conclude that happiness is a personal journey, and everyone finds it in different ways. Engaging in mini-adventures and spending time doing things that bring joy is essential for a fulfilling life.

In part 11 of the conversation, they discuss the concept of success and how it has evolved for them over time. The listener shares that, for them, success is having two smart and healthy daughters, which brings them joy and a sense of fulfillment. They mention how their perspective on happiness has changed throughout their life, from focusing on reputation and material possessions to prioritizing travel and experiencing new adventures.

They also touch upon the feeling of loneliness and how it can be alleviated through taking action and staying engaged. The listener shares their experiences of meeting new people while traveling alone and how it opens up opportunities for connections and unique experiences. They emphasize the importance of taking action in life and not letting negative thoughts hold them back.

The conversation concludes with a question posed by the host, asking what advice they would give to their 16-year-old self if they had the chance to go back in time. Unfortunately, the response to that question is not provided in the available part of the transcript.

In part 12 of the conversation, the discussion centers around the advice they would give to their younger selves. The listener shares that they would recommend broadening their knowledge in different industries, starting out in a bigger city, and traveling more. They reflect on missed opportunities to travel and experience other cultures when they were younger.

The host also asks what advice they would give to their 16-year-old self, but the listener playfully mentions that they wouldn’t change anything at 16 since they were on a good track. However, they do acknowledge that between the ages of 25 and 30, they got off track due to excessive partying and spending, and they would advise their younger self to stay more focused during that period.

The conversation concludes with some light-hearted banter about partying and drinking, with the listener suggesting that it can be a social lubricant but should be done in moderation. The host shares their appreciation for the guests and the conversation, and the podcast recording ends on a positive note.

Please note that the conversation is light-hearted and may include some playful comments that shouldn’t be taken as serious advice on substance use. Always make responsible decisions regarding your health and well-being.

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