meta_pixel
Tapesearch Logo
Log in
The Greatness Machine

11 | Justin Donald | How the Velocity of Money is the Secret to Retiring Young

The Greatness Machine

Darius Mirshahzadeh

Education, Entrepreneurship, Business

5.0135 Ratings

🗓️ 20 April 2021

⏱️ 73 minutes

🧾️ Download transcript

Summary

What if you could earn a passive, life-long income without being a slave to your job or business? A lot of entrepreneurs start their businesses because on some level, they want greater freedom in their life. However, once they start, they end up giving even more hours and time than ever before. Has this happened to you? On today’s show, we have Justin Donald, author of The Lifestyle Investor who shares how you earn passive income and buy back your time! Justin shares his investing philosophy while calling out some common mistakes that seasoned entrepreneurs and professionals make. Early on in his career, Justin transitioned from his W-2 job to being self-employed. But while he did end up making more money, this move did little to improve his life on a holistic level as he just ended up being a slave to his business. He was still working 18-hours every day. He was still working weekends. And he was still not showing up for his family in the right way. Justin realized that he had to flip the switch, and think more like a “self-employed entrepreneur”. By leveraging low-risk cash flow investing, he had to generate a passive income that would sustain his lifestyle. As a huge proponent of lifestyle investing, Justin shares both basic (but often ignored) and sophisticated investing strategies guaranteed to help you out. With the Fed printing dollars like never before, what can you do to hedge your portfolio against inflation? Justin also has some great tips for stock market investors who are finding it difficult to navigate the extreme volatility in today’s market. You will also discover more about Justin’s new book, The Lifestyle Investor where he explains his 10 Commandments of Lifestyle Investing in great detail. Even if you don’t have large financial coffins and savviness to back you up, listening to today’s show will help you up your investing game. What You Will Learn In This Show How to stop being a slave to your job or business Hedging your portfolio against inflation Passive income generation strategies for those who are just starting out Things that your financial advisor is not telling you And so much more… Quotes “I want to help people in the way they process and think about investing, and living life, and the way they value time”. “People don't often look at the actual math, and this to me is a big smoke screen where people don't know what's really happening. That's my big issue.” “My goal is not to earn money. My goal is to earn my time back”. “Earn the income that you don’t have to put time into”. Resources The 4-Hour Work Week Rich Dad, Poor Dad Justin Donald Facebook Instagram Twitter LinkedIn This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Shout up to Claritin for supporting this episode and providing us with the samples.

0:03.3

I've been battling allergies for years now. Let me tell you, they've been a real or deal in my life.

0:07.3

Luckily for those of us who live with the symptoms of allergies, we can live Claritin

0:10.8

Clear with Claritin D. This double action combination of prescription strength allergy medicine

0:15.0

and the best decongestant available relief sneezing

0:18.0

at runny nose, itchy and watery eyes,

0:20.0

and itchy nose and throat,

0:21.0

and sinus congestion and pressure with ease.

0:22.7

Fast and powerful relief is just a quick trip away.

0:25.1

Find Claritin D at the pharmacy counter.

0:27.4

Ask for Claritin D at your local pharmacy counter.

0:29.5

You don't even need a prescription.

0:31.0

Go to Claritin D.com right now for a discount so you can live

0:34.4

Claritin-clear uses directed. This episode is brought to you by Revolute. Revolute is your

0:40.4

perfect travel companion for all things money.

0:43.0

You can spend in over 150 currencies with great exchange rates

0:47.0

and withdraw from ATMs all over the world

0:50.0

with no charges from Revoluteute within your plan allowance.

0:52.9

Sign up to Revolute at Revolute.com slash podcast reward

0:56.4

and receive 20 pounds when you make your first purchase with Revolute.

1:00.2

Until 18th of June 2024. 18 plus T's and C

1:03.4

apply exchange fees and fair usage limits supply.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Darius Mirshahzadeh, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Darius Mirshahzadeh and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.