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936 - Why Business Owners Suck at Building Wealth
Episode 936

936 - Why Business Owners Suck at Building Wealth

With the prospect of fatherhood, wealth became a matter of some importance for Charley. [01:52]The amount of money you make doesn’t determine how wealthy you are. [04:12]There’s nothing like kids to spur you on to success.

James Schramko Podcast

July 7, 20220m 47s

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Show Notes

With the prospect of fatherhood, wealth became a matter of some importance for Charley. [01:52]

The amount of money you make doesn’t determine how wealthy you are. [04:12]

There’s nothing like kids to spur you on to success. [05:22]

Why are so many business owners challenged when it comes to wealth-building? [07:21]

You want to keep some of the money you make, but when is thrifty living a sign of a scarcity mindset? [10:14]

Wiring and conditioning play significant roles in our ability to build wealth. [12:43]

Who are the Joneses you’re looking to keep up with? [17:24]

Can wealth make you more authentic? [23:29]

The past hugely impacts the money mindset we have today. [27:46]

Tell me who you hang out with, and I’ll tell you who you’re likely to become. [30:32]

When you’ve outgrown the crowd that got you where you are… [37:10]

Luckily, you can rewrite the money mentality you grew up with. [39:42]

Where do you go to get better educated about wealth? [42:25]