The No. 1 Barrier to Building the Wealth of Your Dreams
Welcome to the 145th episode of the Alternative Investing Podcast!
In today’s episode, I will discuss how to break free from a scarcity mindset holding you back so you can move confidently onto a path towards financial abundance.
- The Story of Jack Welch
- My Journey Mirroring Jack Welch’s Story
- The 4 Keys to Leveling up as an Investor
- Being Conscious of “Why” You Admire Someone Rich
- My Client’s Scarcity Mindset Story
If you want to improve your wealth psychology and have a healthy relationship with money, then make sure to listen to this episode!
02:55 The Story of Jack Welch
05:54 My Journey Mirroring Jack Welch’s Story
07:39 The 4 Keys to Leveling up as an Investor
09:29 Being Conscious of “Why” You Admire Someone Rich
11:12 My Client’s Scarcity Mindset Story
13:36 Final Thoughts
In today’s episode, let’s discuss something I often encounter when talking to clients or potential clients: money mindset and scarcity.
When it comes to investing, I believe that your thoughts are even more crucial than your actions.
This idea is similar to losing weight, where some say that what you eat is more important than exercise, and the same goes for our thoughts as investors.
Many people, including myself, have experienced not feeling any richer despite having more money.
Even though your balance sheet is growing, you may still feel anxious about losing money or guilty about spending it on yourself.
The good news is if you change your thinking, you can identify your beliefs around scarcity and replace them with more positive ones.
As investors, we know that losses are a natural part of investing, and we can reframe our relationship with money to see it differently.
Ultimately, my goal is to help people develop a healthy relationship with money and pass that mindset on to their loved ones so that everyone can succeed as both human beings and investors.Read More
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