The 3 Financial Mistakes Ambitious Founders Make
The Jasmine Star Show
Jasmine Star
4.9 • 2.8K Ratings
🗓️ 10 February 2026
⏱️ 51 minutes
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| 0:00.0 | Welcome to the Jasmine Star Show. Just before the camera's turned on, we realized that somewhere |
| 0:05.7 | behind the scenes, we've calculated the archive, and this is episode 620. And I couldn't be more |
| 0:11.4 | excited and honored to have a conversation about my favorite thing. Money! Today we're going to be |
| 0:16.5 | having a conversation around the differences between making money, aka riches, and turning it into |
| 0:21.8 | wealth, the differences between how we look at money and the potential for it, and how to strategically |
| 0:27.6 | use your money to build something that's bigger than you, that gives you options, that allows |
| 0:33.1 | you to step into the things that you want to when you want to do it. And I'm speaking this as like a first person narrative. I had a conversation with our guest today. And we immediately hopped on. It was, we made an introduction. It took us a couple months to get together. And the minute we got onto the Zoom call within five minutes, I was about to like braid her hair, write KIT and her yearbook, send her friendship bracelet, and say, like, pack me up in your bags, |
| 0:54.8 | we're going to be friends for life. I actually was almost this close to harpooning her and said, |
| 0:59.2 | I will put you on my pocket, you cannot leave me for the rest of my life. And then all of a sudden |
| 1:02.5 | I decided to instead to ask her on my podcast and share her brilliance with you. Welcome to the show, |
| 1:07.5 | Caitlin Carson. Thank you. I'm so happy you here. That was quite the introduction. Well, it would be quite the introduction if it wasn't entirely true because now it's just a series of facts. Yes. You're incredible. Thank you. Thank you for being here. And let's keep the main thing, the main thing. I love when people have optionality. And optionality was explained to me as you're not forced to do something. |
| 1:29.6 | You get to choose to do something. But so many of us are forced into doing something because we don't |
| 1:34.4 | have options. We go to the job that we know. We stay in the house that we know. We date the same person |
| 1:38.8 | that we know. And a tool that I've learned as I've gotten older and as my business has gotten |
| 1:43.3 | bigger is that optionality comes when I've gotten older and as my business has gotten bigger is that |
| 1:44.3 | optionality comes when we have made strategic decisions at one point in our life to pursue a |
| 1:50.4 | different result. One example would be, I didn't start with money. I didn't grow up with money. |
| 1:55.2 | I created a business that slowly over time, like my first was like my dream was, if I can make |
| 1:59.8 | $10,000 a month, my life would change. And then dream was, if I could make $10,000 a month, |
| 2:01.4 | my life would change. And then it turned into, if I can make $100,000 a month, my life would |
| 2:07.4 | change. If we did a million dollars in a year, my life would change. If we did a million |
| 2:11.8 | dollars in a month. And then with every subsequent milestone, it didn't ever seem like |
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