Do THIS To Avoid Going Broke & Build Wealth Instead | Gino Wickman

The Daily Motivation

Lewis Howes

Education, Self-improvement

4.8 • 893 Ratings

🗓️ 8 July 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Order my newest book Make Money Easy! https://lewishowes.com/moneyyou Check out the full episode: greatness.lnk.to/1225 Gino Wickman, Entrepreneur and Best-selling Author shares the key steps to avoid going broke in your life and build wealth. Sign up for the Greatness newsletter: http://www.greatness.com/newsletter

Transcript

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0:00.0	Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.
0:08.7	I have a brand new book called Make Money Easy.
0:12.4	And if you're looking to create more financial freedom in your life, you want abundance in
0:17.2	your life and you want to stop making money hard in your life, but you want to make
0:22.1	it easier. You want to make it flow. You want to feel abundant. Then make sure to go to make
0:26.4	moneyeasybook.com right now and get yourself a copy. I really think this is going to help you
0:34.1	transform your relationship with money, this moment moving forward.
0:38.5	We have some big guests and content coming up.
0:42.6	Make sure you're following and stay tuned to this episode of The Daily Motivation Show.
0:49.5	What's the difference between $10 million and $100 million company?
0:53.5	Well, here's what I always say.
0:55.0	Whenever I have a client that says they want to build a $100 million company, I always say,
1:00.0	do you really want to build a $100 million company?
1:03.0	So the example I give is it's a heck of a lot easier to have a $10 million company that throws off a 20% profit
1:10.0	than $100 million company that throws off a 20% profit, then $100 million company that
1:11.5	throws off a 2% profit. Same profit, same bottom line, same money going in your pocket. 10 times the
1:17.1	people, 10 times the complexity, 10 times the everything. So it's just not all it's cracked
1:21.2	up to be, but it's okay if that's what you want. I've got lots of clients that go to $100 million.
1:24.8	You just have to know that that's what you want and you want that complexity.
1:28.1	And I hope you're generating a 20% profit at $100 million, but keep it in this proper perspective
1:32.5	because what is the motive?
1:34.2	Why are you really wanting to go to $100 million?
	...

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