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Thrivetime Show | Business School without the BS

Clay Clark | Business Coach | Steps to Achieve Financial Freedom With Braxton Fears - Episodes 9-11

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneurship

4.71.5K Ratings

🗓️ 29 May 2024

⏱️ 68 minutes

🧾️ Download transcript

Summary

Learn More About Attending the Highest Rated and Most Reviewed Business Workshops On the Planet Hosted by Clay Clark In Tulsa, Oklahoma HERE:

https://www.thrivetimeshow.com/business-conferences/

 

See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/

 

Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com)

 

Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE:

www.ThrivetimeShow.com/Millionaire

 

See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/

 

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www.thrivetimeshow.com/does-it-work/

 

Transcript

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0:00.0

Get ready to enter the Th now we hit. We started from the bottom now we hit. We started from the bottom

0:16.0

now we're on the top top. To me the systems to get what we got.

0:19.6

Clon Dixon's on the hooks. I break down the books.

0:22.1

See's bringing some wisdom and the good looks.

0:24.7

As the father of five, that's where I'm a dive.

0:27.2

So if you see my wiping kids, please tell them hi.

0:29.7

It's the C and C up on your radio.

0:32.1

And now three, two, two one here we go.

0:37.0

So Braxton as far as you know the principal number nine buying assets and

0:45.8

avoiding liabilities can you explain to me from from your perspective what is the

0:49.6

difference between an asset and a liability.

0:54.0

an asset makes you money, a liability takes it from you very simply.

0:58.0

So let's just say that I don't really fully grasp this. I know within my family, you know, there's people that disagree

1:06.8

with me on this subject as well. And there are usually people that have a ton of debt.

1:12.2

Yeah. So, you know, but. that have a ton of debt.

1:13.0

So, you know, but anyway, we'll just throw out that example, anecdotal examples.

1:17.6

Here we go.

1:18.6

Asset versus liability, let's go a car.

1:21.6

Is a car an asset or liability and why a car for the average person is a is a liability

1:26.4

Unless you're in the car business and you're making money you're you're buying cars low and selling them for more for more fixing them up selling them for more but car for them for most people it's a

1:34.6

liability because it decreases in value and most people owe more than what they

1:40.9

what the market value of the car is and it's a liability.

...

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