2: How To Make Money Follow You

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3 • 602 Ratings

🗓️ 17 October 2014

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#2: They say, "Work smarter, not harder." But are you thinking about this popular saying in the right way? Are you applying it to enough facets of your life - the ones that matter?

Though it is not intuitive, learn more about how debt can be good. Yes, debt can be good! It can help you work smarter, not harder, and eventually not have to work at all.

I shamelessly share some of my funny mistakes with you that I made as a beginner - as a largely uneducated real estate investor.

Learn why "Doing the right thing" is more important than "Doing things right" as you continue to develop your fixed mindset and transform it into a growth mindset. Wire your mind for wealth!

When you're doing the right thing, you make money follow you. Most people spend their lives chasing money. That's not working smarter, it's only working harder.

Don't chase dollars. When you learn how to make them follow you, you have become a master of money.

Transcript

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0:00.0	Welcome to Get Rich Education with Keith Winehold, giving you information and ideas on the investment
0:22.6	that has turned more ordinary people into millionaires and billionaires than
0:27.3	anything else and can provide you with more wealth and happiness than you ever
0:32.2	thought possible now here's your host investor investor, entrepreneur, business owner, and educator, Keith Weinhold.
0:43.4	Welcome to the Get Rich Education podcast show number two. I am your host Keith Weinhold. I am
0:48.9	grateful that you have decided to join me today. On the last show, we discussed why and how to think more abundantly.
0:56.6	It's foundational to growing your wealth. Rather than spending your efforts in cutting back your
1:01.7	lifestyle, use those same efforts in learning how to increase income and do it using other
1:08.8	people's money. We've been discussing that people spend a great deal of effort
1:12.5	on how work works, how they can do their job better. Yet they don't learn about how money works,
1:20.6	but money is the number one reason that people work. You know, it work. People commonly say
1:26.2	work smarter, not harder, right?
1:29.0	And I've always kind of like that.
1:30.9	When you own your own real estate that produces positive cash flow where the rent income exceeds the expenses,
1:36.7	that money shows up every month whether you stay in bed 30 days in a row or not.
1:42.1	So rather than just applying work smarter, not harder between the lines at work,
1:47.1	why not step back and look at things in a broader context and employ that in life?
1:55.0	You know, there's really two ways to look at how you spend your time. Are you focused on doing
2:00.4	things right or are you focused on doing things right or are you focused on
2:03.1	doing the right things? So what's a difference? See, look, at your job, I hope you work
2:09.0	productively in that you do things right so that where possible you do work smarter and not
2:14.3	harder. But if you want to get ahead in life in a larger sense, is being at work
	...

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