Tue, 11 July 2017
We don't do a whole lot of Carrot Cast episodes on wealth, per se. Most of the people we have on here, or the topics that we talk about, of course, are related to helping you build wealth. But the thing is, most of us entrepreneurs go out building that business...building that first business. Creating those income streams. For some reason, we don't implement the actual things that would help us to become financially free and actually truly wealthy. It's not wealthy for being wealthy's sake. I think it's really that first thing that I mentioned before, with being free...being financially free, so you can go out there and do what you want to do. For me, my definition of financially free is to never, ever have to worry about money. Where money isn't even a factor in any of the decisions that we're making. That, to me, is financially free.
Also, it's where I'm earning the income doing the things that I love to do. Not grinding away. Okay. You could totally have no worry about money ever, but you could have no life because you didn't structure the way that you're generating your income, in a way to where your money truly serves you, rather than you being a slave to it. On this episode of the Carrot Cast, I've got a special guest with me. A longtime friend of mine, Jack Bosch, who is an investor. He's flipped thousands of pieces of land. He's an apartment building buyer and owner now. We're going to talk about his story and we're going talk about what he calls the wealth wheel.
The reason I brought him on isn't because of the land investing, although we will talk about that a little bit. It's not because of the apartment investing, which we're gonna talk about a little bit. It's not really necessarily his story from coming to Germany as an immigrant, broke and turned into an amazing seven and eight figure a year entrepreneur. It's the mindset that goes into building true wealth and how to really use real estate, whether you're a wholesaler, a flipper, an apartment building investor, but especially if you're a wholesaler or a flipper listening to this. Eight out of ten wholesalers and flippers that I talk to do not set up their businesses to build true wealth. They set up their businesses, honestly, to be high paying jobs. It ends up tying you down. It ends up doing the opposite of why you started that business in the first place.
This episode we're gonna walk through the wealth wheel. Walk through some concepts out of Jack's book that he wrote. Also, in this episode, we're gonna tell you how you can get a copy of his book for free because I really believe in the message that it puts out there on how you can really build true wealth and really gain real freedom in your business and from your business, rather than earning a high paid job for yourself.
Welcome on in Jack Bosch to this episode. While you're doing this, take notes and identify where on the wealth wheel you are. Because odds are, you're only probably doing one or two of the things on the wealth wheel and you're going to perpetually be on this hamster wheel, where you've always got to work and always got to bust your butt in order to make the income, instead of the income working for you. Let's dive in.