In today’s show, Pancham interviews Chris Naugle - former pro-snowboarder, money mogul, founder of The Money School™, and America’s #1 Money Mentor.
Trading time for money is not exactly his forte. At the age of 16, he was able to start his own clothing line and has been able to build and own 19 companies since then! With the lessons he learned through his experience, he is passionate to ignite the entrepreneurial spirit in everyone as he conveys his knowledge of how money works!
In today’s episode, listen to his roller-coaster journey as he shares the successes and failures that got him to where he is today! Want your money to work for you? This episode is for you as he’ll also share the laws of wealth and why every aspiring entrepreneur should understand these concepts!
Listen and enjoy the show!
Quote:
“I’ve always been a visionary. I've always been a dreamer. I’ve never listened to other people telling me that I can't do something.”
Timestamped Shownotes:
- 0:37 - Pancham introduces Chris to the show
- 1:52 - On starting his clothing line to stop trading his hours for dollars
- 6:00 - From having everything to nearly nothing and how he overcome from it
- 17:45 - Analyzing and breaking down the most fundamental laws of wealth
- 23:01 - Why protecting your wealth is as important as making money
- 27:16 - His forecast on the future of the economy and how to prepare for it
- 38:22 - Taking the Leap Round
- 38:22 - Starting his clothing line as his first investment
- 38:39 - Why he doesn’t let his fears stop him from taking risks
- 39:06 - Realizations from his investment that didn’t work as expected
- 40:35 - Why investors should always research and do their due diligence
- 41:23 - How you can get a free copy of his books
3 Key Points:
- It’s not about having a lot of resources but rather knowing how resourceful you can be with what you have.
- It’s important to understand the fundamental laws of wealth and learn the banking principles so that you could apply them with your own money and be able to protect it.
- Building wealth is more like a marathon than a sprint. It focuses on long-term goals thus investors should always see the bigger picture when making investment decisions.
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