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Ambition 2.0

How to Build Your Million-Dollar Life with Rachel Rodgers

Ambition 2.0

Girlboss

Entrepreneurship, Business, Careers

4.4 • 1.9K Ratings

🗓️ 18 November 2025

⏱️ 37 minutes

🧾️ Download transcript

Summary

When it comes to money, most of us were taught to work hard, focus on saving, and not take any financial risks. In this episode of Ambition 2.0, Rachel Rodgers (self-made millionaire, founder of Hello Seven, and author of We Should All Be Millionaires and Future Millionaire) is here to replace that belief with something way more powerful. Rachel and Amanda get into why wealth is built on risk, not by simply “working harder”, how women are socialized to budget instead of build wealth, and the exact mindset and practical moves that helped Rachel go from living in a low-income household as a child to running an eight-figure business. You’ll hear them talk about: Why “making money is easy” is the belief Rachel wishes she’d adopted at 25 The biggest limiting belief holding ambitious women back Why wealth comes after betting on yourself—not just by investing in stocks and real estate How to know when it’s time to hire help (EA, VA, house manager, childcare, etc.) Turning your natural talents and obsessions into income streams How Rachel designs her life so she can make millions without burning out 00:00 Intro  04:10 Why women are taught to budget—not build wealth 07:30 Failure, risk, and “successful failure” 10:40 Turning your natural talents into income 14:10 When (and why) to hire help instead of doing it all 19:40 Balancing “treating yourself” with long-term financial goals 23:25 Ambition without burnout: Rachel’s non-negotiables 25:30 The power of community, accountability, and momentum 29:41 The money belief Rachel wishes she had learned sooner 31:10 Rapid fire: millionaire habits, splurges, and rich-life rules GUEST LINKS Rachel Rodgers: https://www.instagram.com/rachrodgersesq/  Read We Should All Be Millionaires: https://bookshop.org/a/116169/9781400221622 Read Future Millionaire: https://bookshop.org/a/116169/9780310158202  Read Million Dollar Action: https://bookshop.org/a/116169/9781400243686  Hello Seven Co.: https://www.instagram.com/hello7co/  https://rachelrodgers.com/ The Rachel Rodgers Show: https://www.kickstarter.com/projects/therachelrodgersshow/the-rachel-rodgers-show-entrepreneurship-uncensored FOLLOW THE PODCAST IG: https://www.instagram.com/girlboss/ | TikTok: https://www.tiktok.com/@girlboss  Amanda Goetz: https://www.instagram.com/theamandagoetz/  https://girlboss.com/pages/ambition-2-0-podcast  SIGN UP Subscribe to the Girlboss Daily newsletter: https://newsletter.girlboss.com/  For all other Girlboss links: https://linkin.bio/girlboss/  ABOUT AMBITION 2.0 Powered by Girlboss, Ambition 2.0 is a podcast where we’ll be exploring what it really means to “have it all” in work, family, identity, and self… and if it’s actually worth it. Each week, you'll hear from hardworking women who’ve walked the tightrope of ambition. They'll share their costly mistakes, lessons learned, and practical tips for how to have it all and actually love what you have. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Wealth is built on risk.

0:01.4

It is not built on hard work like so many people think.

0:04.4

And I know for a fact, because I watch my parents work hard,

0:06.7

how many people do we know around the world who are busting their asses and not making enough to make ends meet?

0:13.1

Right.

0:13.4

Whereas there are other people who are making extreme amounts of wealth, right?

0:17.6

The wealth comes after risk.

0:30.0

Okay. Right? The wealth comes after risk. Welcome to Ambition 2.0, the new podcast from Girl Boss, where we explore what it really means to have it all and not lose yourself in the process.

0:37.9

I am so excited for today's guests. I have been fan-girling over this person for a long time.

0:43.3

So let me just read you a little bit about today's guest. A self-made millionaire, CEO and founder

0:49.2

of Hello 7, best-selling author of We Should All Be Millionaires, Millionaire, and her newest book, Future Millionaire.

0:56.9

She has helped thousands of women, BIPAC, LGBTQ plus entrepreneurs break the cycle of overworking

1:03.0

and under-earning to build true generational wealth.

1:06.4

She has been featured on Good Morning America, New York Times.

1:10.1

She's been everywhere. And a mom of four.

1:14.3

So Rachel Rogers, welcome to Ambition 2.0. Thank you for having me. I'm excited to be here.

1:20.5

I am so excited. Okay. I'm a first generation college grad. My dad is the town plumber.

1:27.4

Yes. And my mom is a stay-up-home mom. And so I have

1:30.7

had to really work through a lot of limiting beliefs about money, relationship with money. And I want to

1:39.0

start a little bit about your background. What led you to kind of going down this path? Yeah. Well, what led me there is that I

1:46.9

didn't have money as a kid. I was low income. And so my parents just struggled financially. They

1:54.0

got laid off from good jobs and they kind of never really fully recovered, truly. And so I just watched them stress about money, struggle with money.

...

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