How an Entrepreneur Went From Broke to Millionaire 5 Times
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 23 July 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
Learn how an entrepreneur went from broke to millionaire 5 times.
The article is here.
Are you investing well for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.
If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2% or 10% on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars.
Your compounding rate, and how well you invest, matters!
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
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Transcript
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| 0:00.0 | Be wealthy and smart episode 908. |
| 0:03.0 | I'm gonna live the rich life. |
| 0:07.0 | Rich life. |
| 0:08.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of hey hey I'm |
| 0:18.0 | I'm gonna live the good life |
| 0:21.0 | and beautiful and glorious life Step into a world of wealth and |
| 0:26.0 | wealth and financial freedom without budgets, boredom or bosses, |
| 0:31.0 | on Be Wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:38.2 | Welcome to Be Wealthy and Smart. |
| 0:39.7 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:42.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.2 | On today's show, we're going to have some fun with a story from an entrepreneur. |
| 0:49.7 | This person's headline really caught my attention and I think we have something to learn from |
| 0:56.2 | this person. The name of the article is how I went from flat broke to millionaire five times. This is a very interesting article. |
| 1:07.4 | I think that this person obviously didn't know the sixth step to wealth which is protect your wealth but he was very good at |
| 1:17.1 | Creating wealth so he knows something about how to do that and I think that would be very interesting for us to hear from an entrepreneurial perspective. |
| 1:25.0 | So let's take a look at this article from entrepreneur.com, written by Chris Esti. |
| 1:32.0 | And it says, when you go broke or feel yourself failing financially it's easy |
| 1:37.5 | to beat yourself up over it but something too many don't realize or remember is that |
| 1:42.4 | failure is only temporary. It just means you still |
... |
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