34: Get Out Of The Rat Race with The Gena Lofton Show
Get Rich Education
Keith Weinhold
4.3 • 602 Ratings
🗓️ 5 June 2015
⏱️ 25 minutes
🧾️ Download transcript
Summary
#34: Author, Investor, and Entrepreneur Gena Lofton transformed her life from homeless in southcentral Los Angeles to owning 2,000 rental units today.
Listen to this week’s show and learn:
02:12 What the concept of “Sending the elevator back down” means.
10:55 One wealth-building element is being a contrarian.
13:34 Gena didn’t have a “Rich Dad” or a “Poor Dad.”
15:45 The value in Gena’s book is its beautiful simplicity.
16:41 How to know when your “why” is strong enough.
20:24 The “genie” inside of us.
21:14 How Gena gets rich with debt.
Resources mentioned:
Book - Escape The Madness: 10 Steps To Get Out Of The Rat Race
PassiveIncomeAdvisors.com – Gena’s website
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Transcript
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| 0:00.0 | Get Rich Education is brought to you by Mid-South Homebuyers and the landgeek.com. |
| 0:11.0 | Welcome to Get Rich Education with Keith Weinhold, giving you information and ideas on the investment that has turned more ordinary people into millionaires |
| 0:22.2 | and billionaires than anything else and can provide you with more wealth and happiness |
| 0:27.6 | than you ever thought possible. |
| 0:30.0 | Now here's your host, investor, entrepreneur, business owner and educator Keith Weinhold welcome to get rich education |
| 0:43.3 | episode 34 I'm your host Keith Weinhold and I hope that you've lived an abundant |
| 0:47.9 | week one of my favorite quotes of all time is the Zig Ziglar quote. You can have everything you want in life |
| 0:56.1 | if you will just help enough other people get what they want. Now to someone maybe like you |
| 1:03.3 | that's in the accumulation mode of building up your investment portfolio and creating wealth for |
| 1:09.3 | yourself, that notion of focusing on others seems |
| 1:13.0 | antithetical or even counterintuitive. Well, you're thinking, shouldn't I focus on myself first? |
| 1:22.5 | I mean, is it innate to think about yourself first, right? What happens when you're sent a group photo that |
| 1:31.6 | you know you appear in and you're about to look at it for the first time? As soon as you |
| 1:36.4 | receive that photo and open it up, who's the first person that you look for? Of course, it's |
| 1:41.8 | you. You can't help but do it. You know, it is counterintuitive, but the more that you help others, |
| 1:52.4 | you'll see that more opportunities open up for you than if you would have just been putting your own |
| 1:58.2 | interests first instead. |
| 2:02.3 | Just trust me on that one. |
| 2:06.5 | You'll achieve more satisfaction in focusing on others too. |
| 2:10.5 | Well, today's guest, Gina Lofton, calls this concept, |
| 2:13.3 | sending the elevator back down. |
| 2:21.3 | Once you're successful, you have a responsibility to send the elevator back down and help bring up others with you. All right, now, Gina didn't need to write a book like she has here. |
... |
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