E1: What they won't teach you in school
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In Episode 1 your host Alex Robertson is explaining his journey to entrepreneurship, escaping the system and the corporate machine.
Highlights:
- This not financial advice always take professional advice.
- The Real Wealth podcast is aimed at opening your eyes to the potential of financial freedom and living a life on your own terms.
- We are all brought up through a system that is designed to pump out employees into the workforce and pay the majority of your earnings to the government through direct tax, indirect tax and stealth tax.
- Learn to master the “4 C’s in Wealth”:
- Control – learn to manage your money, budget and save
- Create – Learn all the different wealth creation strategies, all of which we will be exploring in future podcasts
- Compound – the power of growing wealth through reinvestment
- Conserve – learn to protect your newly created wealth, with diversification of investment and tax avoidance strategies.
- The Game Changer, reading Rich Dad Poor Dad by Robert Kiyosaki:
- Pay your self first: Never increase your outgoings to a point where you can first save a targeted portion of your income
- Buy Assets not Liabilities. Put simply an Asset puts money in your pocket, a liability takes it out. NOTE: Your house is not an Asset.
- Master your mindset to master your money
- To create wealth you must take risks. Risks = Rewards
- ESBI Quadrant & Passive Income:
- Two thirds of your life you are working for the government, understanding tax and how to avoid it, is fundament to building wealth.
- Use good debt to build your wealth and avoid bad debt (to buy things you can’t afford and don’t need).
- Learn the power of compounding. The example of the penny multiplier:
Resources:
- Our story on Starting Real Estate Wealth Development and going for 0-200 properties in two and a half years: https://rewdtraining.co.uk/essentials-course-page/
- Following Real Property Training, for more tips on property investing:
o You tube: https://www.youtube.com/channel/UC1JmktMGRuEpPalLqndDRRw
o Facebook: https://www.facebook.com/profile.php?id=100089657347374
- Join our Real Property Community on Facebook:
- Our Book: Fast track to Property Millions: Fast-Track to Property Millions: Amazon.co.uk: Duncan, Laurie, Robertson, Alex, Tracey, Conar: 9781739854379: Books
Contact:
Instagram: @rewdgroupalex
Facebook: https://www.facebook.com/profile.php?id=1582881827
Linked in: https://www.linkedin.com/in/awrproperty/
Email: info@therealwealthpodcast.com
46 episodes