Description

The conversation explores the psychology behind wealth building and the importance of mindset. The guests discuss the myths about business and wealth that held them back and how they overcame them. They emphasize the need for an abundance mindset and the power of giving. The conversation also touches on the role of risk in investing and the importance of taking calculated risks. Overall, the guests highlight the importance of taking action, being resilient, and having a long-term perspective.

TAKEAWAYS

• The mindset of abundance is crucial for wealth building and separates those who thrive financially from those who struggle.
• Taking calculated risks is necessary for growth and success in business and investing.
• Having an action-oriented mindset and being resilient in the face of failure are key to achieving financial goals.
• Long-term thinking and a focus on stewardship are important for building and preserving wealth.

RESOURCES MENTIONED

Rich Dad Poor Dad by Robert Kiyosaki

FOLLOWS

Caleb Investing⁠

⁠⁠Aaron Investing

Wayne Johnson

Rod Arreola

CHAPTERS

00:00 Returning to Dreams and Building Teams

01:05 The Power of Flexibility and Early Push

02:10 Overcoming Comfort for Growth

03:45 Abundance Mindset: Giving and Receiving

05:00 Talent vs. Skill: Building Winning Teams

07:15 Sharing Knowledge Freely and Abundance

09:10 Shifting from Stocks to Real Estate

11:30 Calculated Risk in Investments

13:45 Embracing Risk: Lessons from Firefighting

16:00 Comfort vs. Risk: Choosing a Battleship Life

18:20 The Risk of Inaction and Regret

20:00 Taking Action Today: Jim Rohn's Quote

22:00 Stewardship and Multiplying Wealth

24:00 Abundance and Multiplication Mindset

25:30 Conclusion and Next Episodes Preview

KEYWORDS

wealth building, mindset, abundance mindset, myths about business and wealth, risk in investing, calculated risks, taking action, resilience, long-term perspective

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