Take control of the wheel of your life called finance. Let’s get it going.
Loral’s 7-Point System to Becoming a Millionaire:
- Your relationship to money:
- Do you have “Yes Energy?”
- Know where you are:
- Know your starting point
- Know your P&L’s and balance sheets
- Know your income cashflow and expenses
- Know your assets, liability, and net worth
- Have a Freedom Day:
- Your Freedom Day is based on monthly cashflow
- Decide how much money you want to make each month this year
- Your relationship to debt:
- It’s not about “bad debt”
- “Good debt” is debt you can leverage
- Keep your money:
- Companies make money, individuals get taxed
- Get incorporated
- Your money needs to make money:
- Invest your money wisely
- Do it with a team:
- Be a “team-made millionaire”
Mentioned in this episode:
