Wealth Creation Secrets From Centuries of Wisdom - Curtis May
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Five Badass Q&As
Q1: What are the core principles of wealth creation Curtis follows?
A1: Curtis emphasizes principles from The Richest Man in Babylon, such as budgeting, making money work for you, and ensuring future income.
Q2: Why is it wrong for entrepreneurs to rely solely on traditional financial advice?
A2: Traditional advice often assumes you need to be more capable of managing your money, designed for employees rather than cash creators like entrepreneurs.
Q3: How does Curtis suggest entrepreneurs handle their finances differently?
A3: He advocates for being your bank, focusing on liquidity cash flow, and leveraging your business as your primary investment.
Q4: What is the first actionable step Curtis recommends for improving financial health?
A4: Start by saving a portion of your income in a wealth capture account, ensuring you pay yourself first to build capital for future investments.
Q5: How does Curtis describe the mindset shift necessary for financial success?
A5: He stresses the importance of changing your philosophy about money, understanding that wealth creation starts with the right mindset and control over your finances.
Five Badass Quotes
1. Your number one asset is you – your mindset, your skillset, and your network.
2. You don’t have a money problem; you have a philosophy problem.
3. If you’re in business, you must control your money, not give it to fund managers.
4. The key to wealth is not just making money but keeping it and growing it.
5. Liquidity gives you the power to seize opportunities when they arise.
Five Badass Takeaways
1. Entrepreneurs should focus on liquidity, ensuring cash is available for opportunities.
2. Traditional financial advice is often unsuitable for cash creators and entrepreneurs.
3. Building wealth requires a solid understanding of money principles and self-trust.
4. Saving and paying yourself first is crucial for financial health and future investments.
5. Controlling your finances and having a clear plan is more effective than unthinkingly following mainstream financial strategies.
Contact Info
Website: http://practicalwealth.net
Text: BE THE BANK to 55444 for a free financial report
YouTube: Curtis May's Practical Wealth Advisors
LinkedIn: Curtis May
Instagram: @curtismay
Chapters
00:00 Introduction
02:25 Curtis May's Welcome and Financial Philosophy
03:02 Principles of Wealth Creation
05:08 The Importance of SelfTrust in Financial Management
10:23 Flaws in Traditional Financial Advice
16:27 Actionable Steps for Financial Freedom
22:11 How to Work with Curtis May
31:44 Closing Thoughts
For more badass episodes, check us out at For Badass Entrepreneurs ONLY!
https://dangordonenterprise.com/badass
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