88: Model What Works with Rennie Gabriel
Your First Thousand Clients with Mitch Russo
Mitch Russo
5.0 • 104 Ratings
🗓️ 13 April 2018
⏱️ 42 minutes
🧾️ Download transcript
Summary
From the time he was young, Rennie Gabriel was struggling with how to handle money effectively. It was definitely not taught in schools and the CPAs he approached certainly did not have personal budgeting information that they could teach. When he got deeper in debt even though he made more money, it finally dawned on him that more money was not going to solve a problem of mismanagement. He began to model what works and started hanging around with people who had the attitudes he needed to adopt. Rennie started copying what the wealthy did and started understanding the attitudes that wealthy people operated by. That’s what led him to start a program called Debtors Anonymous, a twelve-step program for people who can't handle money to find mental, emotional, and psychological support from other people who’ve been through the same things.
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Transcript
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| 0:00.0 | If you're a business owner, you don't need us to tell you running a business is tough. |
| 0:03.8 | Don't let quickbooks and spreadsheets slow you down anymore. |
| 0:06.9 | Now is the time to upgrade to NetSuite by Oracle, the world's number one cloud business system. |
| 0:12.4 | NetSuite gives you the visibility |
| 0:14.2 | and control over your financials, HR inventory, e-commerce, and more. |
| 0:18.6 | Join the over 21,000 companies using NetSuite right now. Schedule your free product tour right now at |
| 0:24.8 | NetSuite.com slash C-suite. Netsuite.com slash C-suite. Welcome back to the show for business owners, your first thousand clients. I'm your host, Mitch Russo and and I've been an entrepreneur, business owner, corporate executive, |
| 0:45.9 | venture capitalist and company founder for the last 30 years. |
| 0:49.8 | Listeners, you know the truth will set you free. |
| 0:53.3 | It's not always the easiest thing to handle. |
| 0:56.4 | It may frustrate you, it may anger you, |
| 0:58.8 | or it may embarrass you, but it will set you free. |
| 1:01.6 | The most important truth is the truth about ourselves. |
| 1:05.0 | One thing most of us know about ourselves is that we need help with our finances. |
| 1:10.2 | We need someone to show us the way so we can decide for ourselves what is right for us. |
| 1:16.0 | My guest today is in a unique position to provide financial guidance. |
| 1:21.0 | He's actually gone from boom to bust and back again several times until he learned |
| 1:26.2 | the secret he's about to share with us today. He thought the traditional financial |
| 1:31.0 | education path would work and he invested in all the |
| 1:34.3 | credentials and licenses only to realize that it still did not teach him the way |
| 1:39.8 | to freedom. Today he lives completely on his investment income and he's going to show |
| 1:45.2 | us exactly how we can to. Welcome Rennie Gabriel to the show. Oh thank you Mitch |
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