3 Things Wealthy People Do That You Might Not (Yet) ep. 373

REady2Scale - Real Estate Investing

How does the ‘rich mindset’ on money differ from the ‘poor mindset? And which mindset do you have? In this insightful episode of REady2Scale, Jeannette Friedrich, Director of Investor Relations at Blue Lake Capital, reveals three essential changes that can transform your financial mindset and practices. Drawing from her experiences with successful accredited investors, Jeannette shares valuable lessons that can help you on your journey to financial prosperity.

Key Takeaways:

Mindset Shift: Rich vs. Poor

-Discover the critical difference between a rich mindset and a poor mindset.

-Learn how to transition from a defensive to an offensive financial approach.

Budgeting vs. Financial Planning

-Understand why financial planning is crucial for long-term success.

-Get practical tips to move beyond mere budgeting to comprehensive financial planning.

Finding Your 'Why' Beyond Wealth

-Explore the importance of having a motivation that goes beyond personal wealth.

-See how aligning your financial goals with your values can drive sustained success.

Why Listen?

This episode provides actionable insights and practical advice for enhancing your financial success and building wealth sustainably. Jeannette's experiences and observations offer valuable lessons to help you achieve your financial goals, whether you're just starting or refining your strategies.

Tune in to learn how to shift your mindset, plan effectively, and find a powerful motivation that will drive your financial success.

Prefer to read? View the transcript here.

Watch the full video here.

Timestamps

00:00 Introduction: The Rich Keep Getting Richer

00:58 Mindset Shift: Rich vs. Poor

03:04 Budgeting vs. Financial Planning

04:51 Finding Your 'Why' Beyond Wealth

06:48 Conclusion and Encouragement

Are you REady2Scale Your Multifamily Investments?

Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.

To reach Ellie & the Blue Lake team, email them at [e-mail] or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you.

Credits

Producer: Blue Lake Capital

Strategist: Syed Mahmood

Editor: Emma Walker

Opening Music: Pomplamoose

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