Stitcher for Podcasts

Get the App Open App
Bummer! You're not a
Stitcher Premium subscriber yet.
Learn More
Start Free Trial
$4.99/Month after free trial
HELP

Show Info

Episode Info

Episode Info:

The truth about wealth creation and optimization. Wealth creation all boils down to probability and outcome. There are two types of wealth: active and passive. If I could do life over again, I would have invested in more vehicles for passive income – especially ones I know I can control. If you are considering where to invest for passive or semi-passive income, consider the probability of success and the outcome you desire. Not doing this could be dangerous and detrimental, especially if you are investing based on price instead of sustainability. I’ll also talk about what needs to be done before optimizing. There are important steps that come before optimization in any business, believe it or not. Throughout the talk I’ll discuss the three ways to create wealth and some strategies to keep it. I’ll explain what wealth isn’t for most of us, what the smartest people do to keep their money, and how to avoid investing in things that’ll go obsolete. Essentially, this is the blueprint for long- term money maximization. So, get settled, tune in, and remember to check back next week for part three of this series.“ 1:00 – 2:30 - How whatever you put focus on grows 2:30 – 6:00 - The results of a greeting case study and what comes before optimization 6:00 - 10:00 - The concepts of wealth and wealth creation and three strategies to do so 10:00 – 14:00 - Producing sustainable passive income and focusing on asset appreciation 14:00 – 17:30 - What wealth isn’t and why buying on sustainability, not price, is key 17:30 – 20:00 - Certainty when investing in passive income vehicles 20:00 – 23:30 - Before optimizing, know and evaluate your choices 23:30 – 25:30 - Loving the mission you’re on

Read more »

Discover more stories like this.

Like Stitcher On Facebook

EMBED

Episode Options

Listen Whenever

Similar Episodes

Related Episodes