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TGM Classic | Justin Donald | How the Velocity of Money is the Secret to Retiring Young

TGM Classic | Justin Donald | How the Velocity of Money is the Secret to Retiring Young

FromThe Greatness Machine


TGM Classic | Justin Donald | How the Velocity of Money is the Secret to Retiring Young

FromThe Greatness Machine

ratings:
Length:
68 minutes
Released:
May 8, 2023
Format:
Podcast episode

Description

What if you could earn a passive, life-long income without being a slave to your job or business?

A lot of entrepreneurs start their businesses because, on some level, they want greater freedom in their life. However, once they start, they end up giving even more hours and time than ever before. 

Has this happened to you? 

On today’s show, we have Justin Donald, author of  The Lifestyle Investor who shares how you earn passive income and buy back your time! 

Justin shares his investing philosophy while calling out some common mistakes that seasoned entrepreneurs and professionals make.

Early on in his career, Justin transitioned from his W-2 job to being self-employed. But while he did end up making more money, this move did little to improve his life on a holistic level as he just ended up being a slave to his business.


He was still working 18 hours every day

He was still working weekends

And he was still not showing up for his family in the right way


Justin realized that he had to flip the switch, and think more like a “self-employed entrepreneur”. 
By leveraging low-risk cash flow investing, he had to generate a passive income that would sustain his lifestyle.

As a huge proponent of lifestyle investing, Justin shares both basic (but often ignored) and sophisticated investing strategies guaranteed to help you out. 

With the Fed printing dollars like never before, what can you do to hedge your portfolio against inflation? Justin also has some great tips for stock market investors who are finding it difficult to navigate the extreme volatility in today’s market. 

You will also discover more about Justin’s new book, The Lifestyle Investor where he explains his 10 Commandments of Lifestyle Investing in great detail.

Even if you don’t have large financial coffins and savviness to back you up, listening to today’s show will help you up your investing game.

Topics include:

How to stop being a slave to your job or business

Hedging your portfolio against inflation

Passive income generation strategies for those who are just starting out

Things that your financial advisor is not telling you

And other topics…


Connect with Justin:
Website: https://lifestyleinvestor.com/
LinkedIn: https://www.linkedin.com/in/justinwdonald/
Instagram: https://www.instagram.com/justindonald/ 

Connect with Darius:
Website: https://therealdarius.com/
Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/
Instagram: https://www.instagram.com/whoompdarius/
YouTube: https://therealdarius.com/youtube
Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708

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Released:
May 8, 2023
Format:
Podcast episode

Titles in the series (100)

The Greatness Machine is on a Quest to Maximize the Human Experience! Join Award Winning CEO and Author, Darius Mirshahzadeh (pron. Mer-shaw-za-day), as he interviews some of the greatest minds in the world―turning their wisdom and experience into learnings and advice you can use in your life so that you can level up and create greatness. Join Darius as he goes deep with guests like: Amanda Knox, Former FBI Negotiator Chris Voss, Jordan Harbinger, Brad Lea, Former Spy and CIA Agent Andrew Bustamante, 1-800-Got-Junk CEO Brian Scudamore, NHL Hall of Famer Chris Pronger, and so many more! Our subject matter ranges from entrepreneurial and pro athlete underdog stories, world-class leadership development, and performance development, to wealth creation and more! If you are a learner who wants to level up in your life and learn from experts who have been there and done that, hit the subscribe button. The Greatness Machine is your ticket to create Greatness in your life! This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy