Manage episode 493227371 series 3647057
Think lending money is the fastest path to building wealth? It can be, but only if you do it the right way. Every week, people lose tens of thousands of dollars simply because they lack the necessary paperwork, structure, or support. And after hearing from two more people who were taken advantage of, Rich Lennon knew it was time to speak up.
In this episode, wealth strategist and private lending expert Rich Lennon reveals why lending can be one of the fastest and safest ways to build long-term wealth, provided it is done properly. He breaks down the exact steps to protect yourself, structure deals the right way, and avoid the costly mistakes that wipe out investors. If you’re sitting on idle cash or looking for a more secure way to grow your money, this episode shows you how to do it through lending and doing it the right way, so you don’t get taken advantage of.
You’ll Learn How To:
- Avoid the most common mistakes new lenders make
- Understand what “first position” means and why it matters
- Use the right documents to protect yourself and your money
- Fractionalize investments to boost returns and reduce risk
- Plug into a trusted community with education, support, and group calls
Who This Episode Is For:
- People with extra cash who want it to grow (without guessing)
- Investors who’ve been burned before and want to do it right next time
- Anyone looking for a smarter, safer path to financial freedom
Why You Should Listen:
This episode can save you from losing tens of thousands of dollars literally. Rich shares real stories of what not to do, then walks you through a system that’s helping people like you succeed. If you want to build wealth the right way, this is the kind of episode that makes a real difference.
What You’ll Learn in This Episode:
[00:00] – Why Rich felt the urgent need to speak up after two people lost big
[01:00] – What he's learned from working with 1-on-1 clients and building a beta group
[02:40] – Why he's reopening the group and what it's designed to teach
[04:00] – What private lending really looks like, and how to do it safely
[05:15] – The importance of doing first-position loans (and what that even means)
[06:00] – The power of group calls, community, and getting your questions answered
[07:11] – How to stay safe from hackers and protect your payoffs
[08:12] – Where to get started: Download the Smarter Wealth Blueprint
Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/
45 episodes