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Jake & Gino: Real Estate Investing & Multifamily

How to Build Wealth Using The Richest Man in Babylon's 7 Timeless Rules

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Smartinvesting, Buyingrealestate, Investing, Multifamilyrealestateinvesting, Business, Investingsmart, Apartmentinvesting, Management, Makingmoney, Realestateinvesting, Cashflow, Jakeandgino, Realestateinvestment, Commercialrealestateinvesting, Buyingapartmentbuildings, Entrepreneurship

4.9842 Ratings

🗓️ 3 June 2026

⏱️ 26 minutes

🧾️ Download transcript

Summary

In this episode, Gino walks through the famous "Seven Cures for a Lean Purse" and explains how they apply to modern investing, entrepreneurship, real estate, financial planning, retirement, and creating long-term generational wealth. Whether you're just beginning your financial journey or looking to strengthen your wealth-building foundation, this episode provides timeless principles that still work today.

Transcript

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0:00.0

What if the secret to building wealth has stayed exactly the same as it has been for the last

0:06.0

5,000 years? You know, most of us think that building wealth is complicated. It's about stocks,

0:12.4

bonds, real estate, interest rates, economic cycles. But one of my favorite books, a book that

0:18.6

I've read countless times, The Richest Man in Babylon,

0:22.0

lays out the framework on how to build long-term lasting generational wealth.

0:30.4

And that's what we're going to be discussing on this episode today.

0:34.0

Really laying down the foundation, before you start building the skyscraper you need to create a

0:39.8

foundation and the first thing that you should do if you haven't already is to read the richest

0:45.9

man in babylon and you if you have read it pick it up again and read it again it will literally

0:52.2

take you two hours to read the book. But in that book,

0:56.5

there are seven laws that we're going to be going over in the podcast. And I want to go

1:01.8

over each one of them specifically and tie it to a principle of investing and also to a principle

1:08.6

of buying a business or building a business or investing in real

1:13.3

estate.

1:19.2

Hello and welcome. My name is Gino Barbarro, one of the co-founders of Barbaro 360 and

1:23.6

Jake and Gino. And as I aforementioned said, this is what the show is all about. It's all about

1:29.1

using these principles. Building wealth, it's a simple plan. There's nothing really too

1:37.5

complicated about it. But it's not easy. And that's how most things are in life. Once you see the

1:44.0

plan, you have to execute on the

1:46.0

plan. Now, we're going to jump into the seven cures because these are really important. And if you

1:51.6

can't execute on these, it's going to be a lot harder to actually laying the foundation to creating

1:57.0

the wall. The first cure is start thy purse to fattening. What does that mean? Start

...

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