5 • 683 Ratings
🗓️ 23 August 2024
⏱️ 12 minutes
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0:00.0 | What's up, everybody? Welcome back to another episode of the Action Academy podcast, Corporate America's |
0:05.0 | Least favorite podcast. I am your humble hosting guide. Brian Lubin helping you replace corporate |
0:10.3 | with cash flow. In March of 2022, I left a six-figure corporate sales position to start my own business |
0:15.9 | while traveling full-time around the world. Since then, it has been a documentation of my journey |
0:20.3 | from zero to |
0:20.9 | $10 million in this business. Live on this podcast so that you guys can witness the wins, |
0:26.4 | the losses, and the lessons along the way so that you can learn how to do it also. |
0:31.1 | Quit your job, travel around the world, have a bunch of fun. That's what we do, baby. |
0:34.9 | Today's podcast conversation is the one cost that nobody budgets for. |
0:40.4 | The one cost that is the most costly in your line item, expenses that nobody budgets for. |
0:46.6 | It's not your fixed costs. |
0:48.2 | It's not your variable costs. |
0:49.9 | It's your opportunity cost. |
0:51.8 | Let me explain. |
0:53.3 | Throughout this podcast episode, I'm going to give three examples, three real life stories that |
0:57.7 | will tie into exactly why opportunity costs is the most lethal and dangerous cost that |
1:03.2 | nobody is budgeting for. |
1:05.0 | And at the end of the episode, we will teach you how to solve for this. |
1:08.6 | We'll begin these examples with person A. |
1:10.6 | Person A is going to be |
1:12.4 | the guy or the girl that is working a job. Will you probably make between $80,000 to $112,000 plus per year, |
1:20.6 | you've got good savings habits. So you've got budgeting figured out. You've got your fixed and |
... |
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