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The Millionaire Money Mindset (5 Financial Lessons We've Learned)
Manage episode 448045572 series 3276592
This episode is all how to cultivate a "Millionaire Money Mindset." Wealthy people look at money differently, and you'll need to change how you view and manage your own finances if you want to join them.
Things kick off with an update from Chase, who just closed a huge deal for his new media company that helped them smash their entire Q4 goal within the first month. Then, the boys share five lessons they've learned on their path to consistently having seven figure years.
Tune in if you want to learn how to "think like a millionaire" and start using money as a point of leverage instead of treating it like a scarce resource that needs to be hoarded.
“They say money can't buy happiness, and that's true, but money really does solve most problems to a degree. If you think about all the problems you have in your life, there is almost certainly a way to pay someone to solve it."
– Mason
WHAT YOU’LL LEARN ABOUT:
- Lifestyle Inflation Is A Good Thing – Lifestyle inflation isn't always bad. If you use your wealth to make your life more comfortable, or to invest in unique and memorable experiences, that's a great investment.
- Momentum In Business And Life – We need to accept that life and business are both roller coaster rides – they always involve ups and downs. When you're having a good month, it can be easy to coast, but that's when you need to keep pushing, because it's really hard to get momentum going from a full stop and there's always a down cycle coming right around the corner.
- Build Your Mental Resilience – Taking the occasional L is part of being a business owner. You can't let it keep you down, though. Use it as fuel to get creative and seek out opportunities to turn a short-term loss into an even bigger long-term win.
- Why Settling Is Selfish – A lot of people think it's selfish to try to get right, but the real selfish play is to stop when you have "enough." It's great to take care of your personal needs, but putting a ceiling on your income means you can't invest in the communities and causes who need your support the most.
- Build Your Team Of Experts – If you want to go fast, go alone. If you want to go far, go together. The sooner you realize it's better to spend the money to pay a subject matter expert instead of managing everything yourself, the sooner you'll unlock your business' true earning potential.
KEY MOMENTS IN THIS EPISODE:
00:00:00 – Introduction
00:04:22 – The Millionaire Money Mindset
00:05:20 – Mindset Hack #1
00:08:55 – Mindset Hack #2
00:12:38 – Mindset Hack #3
00:19:04 – Mindset Hack #4
00:21:30 – Mindset Hack #5
00:27:19 – Closing Thoughts
LIKE, FOLLOW, AND SUBSCRIBE
Subscribe to the show and listen to all our past episodes at www.dimonddownload.com.
Keep up with Chase at…
www.chasedimond.com
www.twitter.com/ecomchasedimond
www.linkedin.com/in/chasedimond
Keep up with Mason at…
www.copymba.com
www.twitter.com/CardinalMason
www.tiktok.com/@cardinalmason
SUPPORT THE PEOPLE WHO SUPPORT US
Podcast production, show notes, and distribution is handled by James Sowers at www.castaway.fm.
Thumbnail design is handled by Steven Baterina at www.creosocial.net.
163 episoder
Manage episode 448045572 series 3276592
This episode is all how to cultivate a "Millionaire Money Mindset." Wealthy people look at money differently, and you'll need to change how you view and manage your own finances if you want to join them.
Things kick off with an update from Chase, who just closed a huge deal for his new media company that helped them smash their entire Q4 goal within the first month. Then, the boys share five lessons they've learned on their path to consistently having seven figure years.
Tune in if you want to learn how to "think like a millionaire" and start using money as a point of leverage instead of treating it like a scarce resource that needs to be hoarded.
“They say money can't buy happiness, and that's true, but money really does solve most problems to a degree. If you think about all the problems you have in your life, there is almost certainly a way to pay someone to solve it."
– Mason
WHAT YOU’LL LEARN ABOUT:
- Lifestyle Inflation Is A Good Thing – Lifestyle inflation isn't always bad. If you use your wealth to make your life more comfortable, or to invest in unique and memorable experiences, that's a great investment.
- Momentum In Business And Life – We need to accept that life and business are both roller coaster rides – they always involve ups and downs. When you're having a good month, it can be easy to coast, but that's when you need to keep pushing, because it's really hard to get momentum going from a full stop and there's always a down cycle coming right around the corner.
- Build Your Mental Resilience – Taking the occasional L is part of being a business owner. You can't let it keep you down, though. Use it as fuel to get creative and seek out opportunities to turn a short-term loss into an even bigger long-term win.
- Why Settling Is Selfish – A lot of people think it's selfish to try to get right, but the real selfish play is to stop when you have "enough." It's great to take care of your personal needs, but putting a ceiling on your income means you can't invest in the communities and causes who need your support the most.
- Build Your Team Of Experts – If you want to go fast, go alone. If you want to go far, go together. The sooner you realize it's better to spend the money to pay a subject matter expert instead of managing everything yourself, the sooner you'll unlock your business' true earning potential.
KEY MOMENTS IN THIS EPISODE:
00:00:00 – Introduction
00:04:22 – The Millionaire Money Mindset
00:05:20 – Mindset Hack #1
00:08:55 – Mindset Hack #2
00:12:38 – Mindset Hack #3
00:19:04 – Mindset Hack #4
00:21:30 – Mindset Hack #5
00:27:19 – Closing Thoughts
LIKE, FOLLOW, AND SUBSCRIBE
Subscribe to the show and listen to all our past episodes at www.dimonddownload.com.
Keep up with Chase at…
www.chasedimond.com
www.twitter.com/ecomchasedimond
www.linkedin.com/in/chasedimond
Keep up with Mason at…
www.copymba.com
www.twitter.com/CardinalMason
www.tiktok.com/@cardinalmason
SUPPORT THE PEOPLE WHO SUPPORT US
Podcast production, show notes, and distribution is handled by James Sowers at www.castaway.fm.
Thumbnail design is handled by Steven Baterina at www.creosocial.net.
163 episoder
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