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Aired on August 2, 2022
Episode 155
How Do the Rich Make Money?
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Unlock financial success by investing in assets like real estate, stocks, and businesses. Build passive income with rental properties, dividends, and royalties. Leverage debt strategically to grow wealth. Your path to financial freedom is within reach. Keep learning, growing, and taking calculated risks. You've got this! #wealth #financialfreedom

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Biggest Takeaways:    

  • It is where the attention is that the energy flows and the result appears.
  • You will not have any more until you prove you can handle what you already have.
  • The habit of managing money is more important than the amount of money you have.
  • Action is the bridge between the inner world and the outer world.
  • Successful people look to other successful people to motivate themselves and see them as role models they can learn from.
  • The secret of the rich is not trying to avoid problems or dodging or getting rid of them, but growing personally to become greater than any adversity.
  • Money is a result, wealth is a result, health is a result, illness is a result. We live in a world of cause and effect.

 

Highlights:

  • Key things to break it down [00:42]
  • The context of all of this topic [01:15]
  • The turning point of the key rich mindset [09:15]
  • How to think in long terms [16:28]
  • The different ways to deal with the numbers [26:27]
  • How to avoid gambling and learn more with your decisions [36:37]
  • The power of a Rich Mentality [51:31]
  • Things that investor advisers won’t tell you about [59:28]
  • What you need to do to be a millionaire [01:07:00]
  • What can you afford to lose [01:11:33]

 

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