Are you struggling to hit that first $100k milestone in your financial journey? It's not just a number; it's a crucial stepping stone to future wealth!
In today’s episode, I dive deep into why earning your first $100,000 is the hardest but most transformative part of building sustainable wealth. I share personal anecdotes, the setbacks I faced, and actionable strategies to overcome the common hurdles that might be holding you back. From understanding the psychological barriers to effectively managing your lifestyle creep, I cover all bases to help set you on the right path.
Want to break through the financial noise and accelerate your journey to $100k? Tune in to the full episode now!
IN TODAY’S EPISODE, I DISCUSS:
- The significant psychological hurdles in early wealth-building stages
- Practical tips to avoid lifestyle inflation and maintain financial discipline
- The critical role of insurance and proper risk management in safeguarding your growing assets
PRE-ORDER MY NEW BOOK:
Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!
www.melabrahamtraining.com/yo...
The key to building the life you desire and deserve is to build your Money Machine-a powerful system designed to generate income that’s no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.
Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine.
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★ WHO IS MEL ABRAHAM ★
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I’m a CPA by education but an entrepreneur by exhilaration, entrepreneur and author of the #1 Bestseller, The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans & Freedom. I’m the founder of Thoughtpreneur™ Academy & Business Breakthrough Academy where I help entrepreneurs bring their businesses to the world and build the lifestyle that they want. I have helped and advised some of today’s top entrepreneurs to build their businesses, create their wealth and find financial independence.
After finding a cancerous tumor in my bladder larger than a baseball in June 2019, I began to openly teach The Affluence Blueprint™ because my cancer journey spotlighted the immediate and urgent need for entrepreneurs to find “financial liberation” and peace of mind. Most entrepreneurs are building a financial house of cards and don’t even realize it…and traditional financial advice will not work for them.
Now it’s your turn!
Meet Mel at melabraham.com/
Cheers,
Mel
==== Time Stamps ====
00:00 Push through hard times for accelerated growth.
05:40 Breaking comfort zone for wealth, success preparation.
07:23 Shovel of income speeds up wealth growth.
11:16 Supporting wealth creation through intentional advanced planning.
13:29 Liquidity provides peace of mind and opportunities.
18:58 Focus on future funding and retirement goals.
20:17 Understanding taxes matters for keeping your money.
26:04 Not selling insurance but important financial factors.
27:25 Proponent of insurance, not investment wrapped.