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Interview Colleen Brown
financial empowerment

Interview Colleen Brown

Past results do not guarantee or imply future outcomes. All rates listed below are hypothetical and do not imply typical rates available in PMC. The following approach might not be right or suitable for everyone.

Have you ever felt like you were falling behind when it comes to your money goals?

If you’re like a lot of people, you may think you waited too long to start generating wealth, that it will take forever to get where you want to be, and maybe even like it’s not worth trying anymore. 

Maybe you compare yourself to other people, thinking They have it all. They must have been doing this for years. They must have an “in” to somewhere they’re not disclosing. I’ll never get to that level. 

But here’s a secret: It doesn’t have to take forever. It doesn’t have to take years or decades or being naturally financially savvy and aware of how to make your money work for you to become financially empowered.

With the right information, the right attitude, and the right alliances, you can multiply your money to change your lifestyle and your life for the better. It just takes a proactive approach and a willingness to seek out information that goes beyond the norm.

Just ask Colleen Brown, a Private Money Club lender who went from a complete novice (She’d never lent before at all) to launching a full-blown lending business with over 30 deals made during its first year. Colleen is a trailblazer who hasn’t just overhauled her own life for the better but is now doing so for other people as a money mentor.

As Colleen has said herself, she’s proof that you can make massive headway in a relatively short period of time. If you’re wondering how to create a lifestyle transformation, find reliable borrowers, and uplevel your financial empowerment, read on to learn her story.

Colleen’s Story: From Novice to Lending Pro

When most people think about wealth, they tend to think about those who were born into money, had special access or privilege, and never had to worry about debts or living paycheck to paycheck. Alternatively, they imagine that you have to start early, work hard, and grit your teeth as you climb out of the hole of scarcity.

But some of Colleen’s first lending experiences were with Private Money Club members, and within a year or so on the PMC platform, she’d already made over 30 deals. She also launched her own lending business and is starting a business educating women and girls about managing finances. On top of that, she mentors and coaches people about money for free and has been called on to give talks about the lending game. That’s not too shabby for someone new.

A little over a year in, she still works with her first borrower, who may have truly taught her what can be done through smart lending alliances. Colleen described the value she still gets from that alliance.

“He put the money into a refurbishment fund for some of his apartments in Ohio. It’s still there, chugging away, and I love [getting my] little check of $550 every month, [which goes] straight back into my IRA. When it builds up, I can invest that interest portion. The last one I did was around $16,000, and he took it and put it into circulation. Now I’m getting interest on my interest, and that’s really exciting.” – Colleen Brown

Colleen — whose loans come from her self-directed IRA, her husband’s self-directed IRA, and lastly, her own LLC lending business — discovered PMC to be welcoming to her as a newcomer, and she took advantage of every educational opportunity she could. Besides the opportunity to learn, she found the borrowers on the platform to be largely trustworthy people who she felt confident working with.

“[When] I joined the Private Money Club, I got exposure to many different members.” – Colleen Brown

As for what PMC is all about, it’s transforming people’s lives by serving as a community for lenders and borrowers. It’s bringing folks together from both sides who can work out mutually beneficial relationships with no middle man, who can feel confident working with each other, and who can build alliances with other people taking control of their financial lives.

Private Money Club Meets You Where You Are

Private Money Club has always been more about people than money. As a forum for lenders and borrowers to network with, learn from, and ally with each other, it’s designed to be a space for everyday people (who might not have a background in finance) to make empowered financial alliances with other members.

It’s also a place that meets you where you are, meaning there are resources and educational opportunities available such as group coaching, deal analysis tools, and webinars to help participants learn the ropes. Plus, PMC’s founder Chris Naugle’s Money School is brimming with information on how to crack the code of wealth creation, which people like Colleen have been leveraging with great success.

“There’s a lot to learn: That’s why I sign up for every three day weekend [with Money School], and there’s a few other groups that I participate in. I’ve seen Chris and Stephen go and speak [at conferences]. I just sign up and watch, and that’s all I have to do.” – Coleen Brown

All that education seems to be working, given her incredible 30-plus deals in a year. It goes to show that awareness and a determination to empower yourself financially take you further than you might think. It doesn’t have to be complicated.

“Earlier this year, we crossed the million dollar mark. That’s astounding considering my background and how I grew up was not like that. We didn’t talk about money in our family, only the lack of money. There’s a lot of people who grow up that way. There was no money education. I’ve been to college and I’ve got an MBA, but the point is they don’t even teach you that there.” – Colleen Brown

It’s so true — the keys to financial empowerment are too often hidden from most people. They’re just not taught, but that’s all changing now. With the help of members she connected with through PMC, Colleen has gone from total novice to lending business owner, mentor, and more. 

“I created an LLC with one of our trusted partners, Corporate Capital, and they’ve set up three different companies for me. They created the LLC and the bank account, and then I put a chunk of savings into there and some other money that I had. I closed out an account in Australia and brought that money over here. I loan that directly with investors I’ve met through Private Money club and all the different events that I attend.” – Colleen Brown

With the right partnerships and the right strategy, you can stop wasting money or letting opportunities pass you by.

Giving Back 

It’s always a great feeling to know you’re in a position to help others. In some ways, that’s the true measure of success — if your cup is so full you can give freely without worry, you’re doing something right.

Giving freely is exactly what Colleen is doing. She doesn’t want other people to have to wait until their older years to discover all that she’s learned. Her goal is to set younger people up for success throughout their lives.

“My third company is about educating women and girls. I have three daughters, so that’s my passion. [Plus, I want to] make sure I leave a legacy and help other people. I’ve had several people come to my house, and I go through all of their debts and their credit cards and I help them. I do it for free because you’ve gotta give back. Chris has helped us and changed our lives, so I’m trying to give back to as many people as I can.” – Colleen Brown

As she mentioned, most people are completely in the dark about how to manage their money. Because of that, families struggle, and kids grow up with scarcity mindsets and fears around getting their needs met, let alone being financially free. Breaking down these beliefs can be a challenge.

But when people see an example of someone who has actually done it — and done it in a big way in a short period of time — it’s inspiring and deserving of attention and recognition. 

“All you need to do is share your story and show what’s possible. I have tangible proof. I have sent people screenshots of my bank account and said, ‘Look, you can see the deposits going in every month from all of the people that I loan money to.’ And I’ve said, ‘That’s not fake, that’s real. It’s there, and because they’re loans from savings, I don’t have to pay taxes on them yet.’” – Colleen Brown

When you don’t learn the whole truth about money, you will have to deal with much more insecurity, scarcity, and volatility in your financial life. The tools to learn and change your financial situation are there, and no matter whether you’re barely making ends meet or feel completely solid, you need to take care of your money.

“It doesn’t matter how much or how little money you have, you need to learn how to take care of it and to understand that there are options out there to improve your lifestyle. We are living proof of that.”  – Coleen Brown

A life lived with financial freedom is possible. There are all sorts of people making it happen. They’re connecting. They’re helping each other. They’re creating alliances, and they’re cutting out the middlemen. 

Learn More About How Private Money Club Can Give You Financial Freedom

If you’re feeling inspired to improve your financial education and completely blow your own expectations out of the water, you’re in the right place. You don’t need to look far for where to loan money. 

Private Money Club is an incredible community and opportunity for you to learn best practices, connect with borrowers or lenders, and forge mutually beneficial relationships with real people. Connect with other folks who are passionate about multiplying their money, infinite banking, and more at PMC. It’s where the magic happens. 

Become a club member and start turning your dreams into a reality today!