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Jake & Gino: Real Estate Investing & Multifamily

What is Money?

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

🗓️ 4 June 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

In this episode of Financial Freedom Fridays, Jake and Gino talk about money.   The key takeaways from this podcast are as follows:   Don’t chase money, chase opportunities Money is a vehicle to an end, not an end in itself Don’t focus on transactions, focus on equity Some people are so poor, all they have is money.   Listen to this podcast for more insights.   The next episode of this series will talk about ‘Banking’. Stay tuned. Subscribe now!   Check out the educational resources from Jake & Gino: https://jakeandgino.com/education/   #financialfreedomfridays #financialeducation #personalfinanceeducation

Transcript

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0:00.0

Hey everybody, Jake and Gino here.

0:08.6

And last week we were coming at you with goals.

0:11.4

This week we're going to maybe talk about one of those goals today.

0:14.0

We are talking money with the G father.

0:17.1

G. Daddy, how you doing?

0:18.3

Mr. Stenziano, Yaki Boom, boom. When you hear the word money,

0:22.9

what do you feel, Jake? What goes through your mind? I get excited because I know it's just a

0:27.7

vehicle and I want to be a part of that vehicle. I want to be riding with that vehicle. And that's

0:30.9

the most important thing because, look, that is a very, very important vehicle that can get me

0:36.6

things in life that matter and give me security.

0:39.8

And look, it's a means of trade.

0:41.6

So I have a whole different, you know, Atlas Shrug philosophical presentation we can do on this,

0:45.8

but I want to hear from you, Big Dog.

0:47.1

So it's funny.

0:48.0

When I spoke about money years ago, I was always chasing money.

0:52.9

And for me, money was like the end result. As an entrepreneur,

0:56.7

as Jake and I have grown, I look at money at a different way. I'm not chasing money right now.

1:01.0

I'm chasing opportunities. Those opportunities will lead to money. Money is only a medium of

1:06.4

exchange. It's something to get to be able to utilize, whether you're going to save it,

1:11.2

whether you're going to buy another asset with it, whether you're going to spend it and

1:14.0

enjoy it. Think of money that way. There is so much money right now flowing around in this country

1:19.1

and in the world. It's unbelievable. So as the entrepreneur, when you're thinking about money,

...

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