Building a Business, Your Wealth, and Investing in Real Estate with Chris Naugle

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Building a business in today’s world opens a lot of opportunities and brings just as many challenges. It is not enough to find the right tools and products, but it is essential to be equipped with the correct information.

In this episode, Chris Naugle of Flipout Academy shares his experiences in building his company and brand as a young entrepreneur. He also shares insights on building and creating a business culture that attracts customers, as well as the hows of investing in real estate. There’s a lot you can learn, so make sure you don’t miss this episode!

About Our Guest:

Chris Naugle has dedicated his life to become America’s leading money mentor. He is the co-founder and CEO of Flipout Academy, founder of The Money School, and Money Mentor for The Money Multiplier. He is an innovator and visionary in building wealth and real estate and believes in empowering others by sharing the knowledge on how money works.

Building a Business, Its Culture, and Real Estate Investments

Chris’s Background:

• He came from a lower middle-class family.
• He did not come from a family of entrepreneurs. However, as a kid, he was ambitious and wanted to be a professional athlete.
• At age 14, he started working on a farm and enjoyed his work.
• At age 16, he started working on a restaurant, but going to work every day became more of a burden for him and his grades are getting lower.
• Chris eventually stopped working and started a clothing line in their basement with the approval of his mom.
• He founded Phatman Clothing Company.

Consignment

• He began to sell his clothes through consignment.
• He will leave the clothes with the store owners to sell in their store
• Upon his return, he will collect their payment for the pieces sold.
• It is like an honour system wherein you do not get paid at first and entrust your product to the store.

Building His Business as a Young Entrepreneur

• He started by making clothes and bringing them to school.
• He initially made a dozen t-shirts and increased production after selling them.
• At the same time, he's also an amateur snowboarder. While travelling and meeting up with his fellow snowboarders, he offers his products to sell in their stores.
• His mother helped showcase the samples to possible clients. Then, they started manufacturing.
• He needed a place and a store, so he wanted to open Phatman Boardshop. He needs to raise $70,000, and

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