269. How We Spent 3+ Million This Year & The 5 Money Mindset Shifts You Need to Make To Escape the Middle Class
The Fitness Business Podcast with Erin Dimond and Jordan Dugger
Erin Dimond and Jordan Dugger
4.6 • 667 Ratings
🗓️ 4 October 2021
⏱️ 33 minutes
🧾️ Download transcript
Summary
We recently looked over our business expenses over the past year and… we spent 3 million dollars. The two of us a couple years ago would have shit our pants if we even thought about spending that amount of money but evolution has allowed us to play a bigger game and getting out of the middle class mindset was a huge reason why. We have 5 money mindset shifts we want to share with you that have helped us break out to where we are now and present you with a valuable opportunity at the end.
Time Stamps:
(0:13) Mindset Shifts Out of the Middle Class
(0:24) We’re Having a Day
(4:23) 6 Universal Laws of the Middle Class
(5:16) Spending 3 Million Dollars Last Year
(9:05) Increasing Tolerance for Risk
(11:50) #Fuckcollege
(17:220 Getting Rich Isn’t for You
(21:00) Becoming Wealthy Makes You Evil
(23:05) “Being Comfortable”
(26:53) Tips for Getting Out of the Middle Class Money Mindset
(27:10) Fit Biz Live Event
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Transcript
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| 0:00.0 | fuck college. So one of the biggest mistakes that people in the middle class mind or people with |
| 0:04.9 | the middle class mindset make is looking at formal education as the only means to be able to build |
| 0:09.6 | wealth. And I want to share some stats with you. Aaron, do you even know how to say this number? |
| 0:14.3 | What our student. I was looking at it. It would be. I think it is a trillion because that's definitely a billion. Yeah, I think it's |
| 0:22.4 | 1.8 trillion. Yeah, like just about one, yeah, 1.8. Let me just try to say it. One trillion, |
| 0:28.1 | 839 billion, 985 million, 230,640 dollars. What's so guys? Welcome back to the FitBiz podcast. |
| 0:36.9 | Aaron and Jordan here. finally with a duo episode. |
| 0:40.4 | Yeah. Two things we want to talk about that we just started talking about upstairs. Well, |
| 0:45.5 | one major topic we want to talk about, which really is around mindset shifts to get you out of the middle class. |
| 0:51.5 | But I wanted to open up with two things because this is really |
| 0:55.8 | off topic, but we're having a day today, a day in business that we kind of just said, you know, |
| 1:01.1 | maybe we should just talk about that because I think a lot of people can relate before we get |
| 1:05.1 | into the main topic of getting outside of the middle class. But just a day in business where, |
| 1:09.9 | you know, one day you can feel like |
| 1:10.8 | you're on top of the world and the next, it's like, what the fuck is happening? All the things we thought |
| 1:16.2 | we knew, all the things that were going well, we want to quit. So we were just kind of upstairs in the |
| 1:21.5 | kitchen talking about the extreme highs and extreme lows and the emotional roller coaster. And |
| 1:27.3 | here we are, you know, |
| 1:28.6 | I'm almost a decade into, no, not quite. I am seven years into entrepreneurship. We're four |
| 1:34.2 | years into this business together. And it never stops, guys. It never stops feeling like that. |
| 1:39.4 | No, it doesn't. The only thing that, it doesn't change. The only thing that changes is kind of your |
| 1:43.1 | capacity in terms of how to perceive it. You know, a lot of the problems that we have that come up now |
... |
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