EP076: Earning over $600k Counting Cards? - with Colin Jones

01/04/18 • 37 min

Colin Jones, founder of Blackjack Apprenticeship, on the show this week to share his crazy story of going from flat broke to generating a very high income by counting cards in Blackjack.

Yes, it sounds absolutely crazy and it was hard for me to digest when I first heard about his story. But, after meeting Colin in person and asking him everything I possibly could, I asked him to share his story.

Colin and I both agree that gambling is dumb. Sure, it’s fun and can be a form of entertainment, but NEVER count on it as a way to provide income. This is where Colin comes in - he is adamant that he doesn’t gamble. Instead, he is investing in the game of Blackjack and has an actual advantage over the house. This may also be the reason why he as been asked to leave countless casinos over the past decade for “winning too much”.

I ask Colin a bunch of questions I am sure you’re wondering too. Here are some of the main points we hit:

• Gambling vs Investing - I needed an explanation here • How long it takes to realistically count cards • Is it even legal (or just frowned upon) • Building his card counting team and generating $4 Million • His advice for anyone thinking about getting started • Success stories and huge losses along the way • The church group of card counters - “The Holy Rollers” • Free resources where you can learn to count cards too

All the show notes, links, and anything Colin and I mentioned can be found at https://www.moneypeach.com/session76

Colin Jones, founder of Blackjack Apprenticeship, on the show this week to share his crazy story of going from flat broke to generating a very high income by counting cards in Blackjack.

I ask Colin a bunch of questions I am sure you’re wondering too. Here are some of the main points we hit:

All the show notes, links, and anything Colin and I mentioned can be found at https://www.moneypeach.com/session76

Previous Episode

EP075: Get Your Financial SH*T Together - with Priya Malani

Founder of Stash Wealth Priya Malani on the show to talk H.E.N.R.Y’s - High Earners Not Rich Yet.

Priya spent the first part of her career helping very wealthy individuals manage their high net worth in retirement and she came to one conclusion - IT WAS SUPER BORING!

Priya made the pivot and decided she start her own firm called Stash Wealth in order to focus all of her efforts on the people she could help the most - people just like herself.

“We are not your Father’s Financial Advisor”

The millennial generation isn’t interested in cutting back life and living on rice and beans. They are extreme hustlers, they can generate income in a minute, and they want to save, invest, pay off debt, AND have ridiculous amounts of fun.

In the show we talked about:

• Defining who the H.E.N.R.Y.s are • Profit first • Best Online Savings Account • Hating on Budgets (can you believe this?) • Emergency Funds for the H.E.N.R.Y. • What are some of the biggest mistakes to avoid as a H.E.N.R.Y.

Fun Fact: Priya and I don’t agree on everything, but that’s okay - it makes for a fun conversation!

Fun Fact 2: We had to use the heck out of the BLEEP Button on this one :)

All the show notes, links, and anything Priya and I mentioned can be found at https://www.moneypeach.com/session75

Next Episode

EP077: Side Hustling for Profits, NOT Wages - with Nick Loper

My good friend Nick Loper from the Side Hustle Nation Podcast on the show to talk about generating income NOW.

Nick founded Side Hustle Nation back in 2013 as a weekly show to feature people from all different backgrounds who were dedicating themselves to side hustling.

At the time of our interview, Nick has recorded 260 shows and has one of the most popular business podcasts in iTunes.

During our interview, I ask Nick: