@ericspofford sold his business for $115 million in 2021 🤯. I asked him the number one thing that keeps people broke financially in today’s world. #wealth #financialfreedom #invest #realestate #motivation
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theschoolofhardknockz

2024-04-13 23:19:06

what has been the most amount of money that you've ever made in a single year i cracked over one hundred million dollars in one year twenty twenty one what's the most common mistake that people make with their money that keeps them broken today's world the most common mistake they make with their money is that they have a poor mindset they make the money they make earned income even if it's a lotta earned income and they spend it on their lifestyle they need to stop make the money invest that into cash flowing assets aka real estate for those who are not falling along and then live off of the cash flow from the real estate let me break that down one more time poor mindset make the money spend it on the dinners the cars expensive penthouse or whatever that's poor people shit what rich people do is they make the money they have financial discipline and they invested into cash flowing appreciating assets that is called financial freedom that is how you're going to stack up fuck you money let me give you another little golden nugget this is where most of you guys fuck up you need to have macro patience and micro urgency what you guys have is micro patients and macro urgency and what i mean by that is you need to note that this is gonna take a long time people look at my life and they don't see the seventeen fucking years that happened before i was out here in miami live in this life you need to commit to this for a long period of time that's macro patients and then have micro urgency every single fucking day you give it absolutely everything that you have to give that's how you win