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9 Common Money Mistakes Entrepreneurs Make and The Cure for Investment FOMO
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Welcome back to Navigating an Abundant Retirement Radio. This week we are going to cover the 9 common money mistakes entrepreneurs make and then follow-up the discussion with the cure for investment FOMO
Entrepreneurs are smart, creative, caring, and passionate. They are some of the most innovative minds and interesting people to talk with.
And sometimes… they make BIG MISTAKES with money!
In This Episode
1:02 - Mistake #1: You don’t prioritize saving money.
1:47 - Mistake #2: Your prices aren’t sustainable.
2:58 - Mistake #3: You aren’t properly protected.
3:47 - Mistake #4: You’re paying too much in taxes.
4:21 - Mistake #5: You’re doing your own bookkeeping!
4:52 - Mistake #6: You gamble instead of investing.
5:50 - Mistake #7: You’re not investing in yourself!
6:30 - Mistake #8: Your money is locked away.
7:14 - Mistake #9: You wait too long to get professional help.
8:26 - Cure for Investment FOMO
11:43 - What IS The Single Most Important Factor For Investing Success
13:15 - Become a Master
Favorite Quotes
"Without the right Mental or Relationship Capital, the Gamestop short squeeze would not have aligned with your “Investor DNA.” Which means it was not a fit for YOU." - Carol Dewey
“ Confidence comes from knowing you have the skills, ability, and experience to succeed.” - Carol Dewey
“You don’t need to hit the next big stock or crypto run to be a great investor.” - Carol Dewey
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