697: Mitch Cohen, Author of "The Self-Made Billionaire Effect"

<p>I have a question for you: What would it be like to have a bank balance with 9 zeros? A <em>billion</em> dollars? What does it take to reach that amount? Our guest today, Mitch Cohen, co-wrote a book answering that question. It’s called <a href="https://www.amazon.com/Self-made-Billionaire-Effect-Extreme-Producers/dp/159184763X">The <em>Self-Made </em>Billionaire Effect.</a></p><p>There are more billionaires walking the planet today than ever before. Jeff Bezos, Mark Zuckerberg, Sara Blakely. According to <a href="https://www.forbes.com/sites/kerryadolan/2017/03/20/forbes-2017-billionaires-list-meet-the-richest-people-on-the-planet/#79d05d1462ff">Forbes</a>, 2017 was a record year with the number of billionaires climbing 13% to 2,043. And 56 of them are under the age of 40!</p><p>But there are only about 800 or so self-made billionaires, according to Mitch. He shares some of the characteristics of these wealthy individuals including an empathetic imagination and patient urgency (sounds conflicting, right?)</p><p>Mitch has spent over 30 years in the financial industry. He is a retired Vice-Chairman at PricewaterhouseCoopers, where he served as a partner for over 20 years. It was there that he got the opportunity to meet and analyze the work and mindsets of some of the richest people.</p><p>I also want to highlight that Mitch is a fellow Penn State alumni and he and I both serve on the Board of Visitors at the Smeal College of Business there.  </p><p>Fun Fact: Mitch was a <em>Human of New York</em> profile...You know, those incredibly candid portraits of New Yorkers doing random things with some of the most captivating and moving captions. He shares that experience as well. </p><p>To learn more visit <a href="http://farnoosh.tv/podcast">www.somoneypodcast.com</a>.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>