In this week’s episode of Ignite Your Estate Agency Sam and Phil invite the amazing author and entrepreneur Mike Michalowicz to enlighten us about good financial hygiene!
Brace yourselves for an episode packed full of gems and transform YOUR mindset about turning your money management into big successes.
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Mike’s website: https://mikemichalowicz.com/
Some key takeaways:
➡️ Pre-allocate each piece of money for its intended use so you actually know what you have
➡️ It's good to have a balance between saving your money and spending it because overdoing any of those can interfere with your happiness and peace of mind.
➡️ To run your businesses most effectively you should ask yourself what is the most important activity? And could my business survive without doing it?
Some great moments:
✅ "I know you can't provide for the family right now but don't worry... I'll take care of it"
✅"Well it's not uncanny! It's Parkinson's Law. The bigger the serving of cash, the more we consume"
✅"Financial success is in SMALL numbers and recession is in BIG numbers"
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