How to acquire and build your asset portfolio!

The Higher Self with Danny Morel

Danny Morel

Spirituality, Religion & Spirituality

4.5 • 861 Ratings

🗓️ 3 August 2017

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

Everyone wants to own assets, but there are certain habits and mindsets that make it impossible. What are the 3 different types of business owners? Which group of people is more likely own property? On this episode, I talk about what it takes to actually start building up your assets. Takeaways If asset ownership is an easy way out of what you’re doing, it’s not for you. There are 3 different types of business people: income builders, lifestyle builders, and empire builders. There’s a lot to get inspired by when you’re an empire builder. At the start of the show, we talked about the importance of knowing why you want to build assets, and why your current business is the biggest asset you’ll ever have. We also talked about the different types of business builders, and why we only grow by being honest. We also discussed; The things you need to get in check if you ever want to have assets Why you need to understand what’s important to you You can choose to be a survival business builder, a lifestyle business builder or an empire builder. It’s just important to remember that only an empire builder can actually ever acquire assets because they have the freedom and the leverage. If you want to get into a future where you can actually acquire assets, you have to work harder on what you have right now.

Transcript

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0:00.0	This week we've got something pretty special. It's something that honestly happened spontaneously.
0:06.0	I have a group that many of you are a part of right now and if you're not you're going to want to get involved in it as soon as possible.
0:14.0	Go to Facebook.com backslash groups, backslash the relentless movement.
0:22.6	Anyhow, in that group, I posted something.
0:26.6	And I posted a question.
0:28.0	I said, in your business, what is the thing you're shooting for?
0:31.0	What's the thing you're working for?
0:32.6	What's the thing that you want to someday achieve?
0:36.8	And I thought that I would create a poll to find out
0:41.7	to get a little bit more connected
0:43.3	with how I could help people out.
0:45.4	And I posted three different options.
0:49.3	Option number one, earn a million dollars a year.
0:52.8	I thought that, you know, for some people, that might be pretty
0:55.0	exciting to break into that seven-figure club. Option number two, to never work weekends again.
1:02.3	I know if you're out there building a business, building a sales business, you know what it's
1:06.5	like. You got to work sometimes six, seven days, and, you you know sometimes you do, sometimes you don't,
1:11.9	sometimes you're missing soccer games and kids events and I thought that'd be a great idea, right,
1:17.1	to have that as a goal or as a future outcome. Or third, to close 100 units or more. So I thought
1:25.3	income, freedom, or results, you know, one of those three, unit-based
1:29.2	results, right? And what happened was something I wasn't expecting. What happened was the group
1:35.6	formed a fourth option, which was acquire assets. And so, you know, so many of them started
	...

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