Episode
7 SECRETS To Start Building Long-Term WEALTH! EP 1194
36:53
Published: Fri Nov 26 2021
Description
Today’s episode is a solo episode all about the 7 secrets to building long term wealth. I’m going to break down some of the core principles that helped me when I was broke and living on my sister’s couch over a decade ago that still hold true today. I believe if you can put these into practice, it’ll transform your relationship with money.In this episode we discuss how to pay yourself first, how to make your money work for you, how to protect your money from losses, how to ensure making more money in the future and so much more!For more go to: www.lewishowes.com/1194Sign up for Greatness Academy: www.lewishowes.com/academyGet The Millionaire Morning booklet: www.millionairemorning.comLearn more about Greatness Coaching: www.lewishowes.com/coachingMel Robbins: The “Secret” Mindset Habit to Building Confidence and Overcoming Scarcity: https://link.chtbl.com/970-podDr. Joe Dispenza on Healing the Body and Transforming the Mind: https://link.chtbl.com/826-podMaster Your Mind and Defy the Odds with David Goggins: https://link.chtbl.com/715-pod
Chapters
The solo episode discusses making money work for you through paying yourself first, protecting against loss, and ensuring future financial success, offering advice for improving overall financial wellness.
00:00 - 02:51 (02:51)
Summary
The solo episode discusses making money work for you through paying yourself first, protecting against loss, and ensuring future financial success, offering advice for improving overall financial wellness. The host invites listeners to leave a review to be shouted out on the show and to share with friends interested in better managing their money.
Episode7 SECRETS To Start Building Long-Term WEALTH! EP 1194
PodcastThe School of Greatness
In this episode, the host shares his insights on how to apply the principles of a 100-year-old parable to modern-day wealth generation.
02:51 - 08:01 (05:10)
Summary
In this episode, the host shares his insights on how to apply the principles of a 100-year-old parable to modern-day wealth generation. He offers modified principles learned from successful investors and encourages listeners to take notes as they can support them in their money-making process.
Episode7 SECRETS To Start Building Long-Term WEALTH! EP 1194
PodcastThe School of Greatness
Learn how to maximize your savings and make wiser financial decisions by surrounding yourself with mentors who can teach you the language of money.
08:01 - 15:05 (07:04)
Summary
Learn how to maximize your savings and make wiser financial decisions by surrounding yourself with mentors who can teach you the language of money.
Episode7 SECRETS To Start Building Long-Term WEALTH! EP 1194
PodcastThe School of Greatness
Generating passive income is vital for building long-term wealth, and it can be achieved by investing even small amounts of money over time, while also practicing patience to allow that money to accumulate compound interest.
15:05 - 21:47 (06:42)
Summary
Generating passive income is vital for building long-term wealth, and it can be achieved by investing even small amounts of money over time, while also practicing patience to allow that money to accumulate compound interest.
Episode7 SECRETS To Start Building Long-Term WEALTH! EP 1194
PodcastThe School of Greatness
The podcast host shares his experience with angel investing and encourages listeners to explore other investment options such as the stock market, real estate shares, and gaining ownership in a company or asset.
21:47 - 27:24 (05:36)
Summary
The podcast host shares his experience with angel investing and encourages listeners to explore other investment options such as the stock market, real estate shares, and gaining ownership in a company or asset.
Episode7 SECRETS To Start Building Long-Term WEALTH! EP 1194
PodcastThe School of Greatness
Building your personal brand can protect your future income and increase your ability to earn as your career progresses, while introducing new products that solve customer pain points can also increase your income in the short term.
27:24 - 32:36 (05:12)
Summary
Building your personal brand can protect your future income and increase your ability to earn as your career progresses, while introducing new products that solve customer pain points can also increase your income in the short term.
Episode7 SECRETS To Start Building Long-Term WEALTH! EP 1194
PodcastThe School of Greatness
In this episode of the School of Greatness, the speaker highlights the importance of learning from successful people and shares some tips on successful investment strategies.
32:36 - 36:43 (04:06)
Summary
In this episode of the School of Greatness, the speaker highlights the importance of learning from successful people and shares some tips on successful investment strategies. Additionally, the speaker promotes the Greatness Academy, a membership community for growth-minded entrepreneurs.