30 min listen
Wealthy vs. Rich: Redefining Your Success Mindset with Morgan DeBaun
Wealthy vs. Rich: Redefining Your Success Mindset with Morgan DeBaun
ratings:
Length:
18 minutes
Released:
Jun 13, 2023
Format:
Podcast episode
Description
This week, Morgan dives into true differences between being rich and being wealthy. Prepare to expand your definition of a "soft life" as you discover that it encompasses more than material possessions—it's about embracing freedom, independence, and making shrewd financial decisions. Morgan shares her wealth journey, and how you can shift from a "rich" mindset to a truly "wealthy" mindset and taking the necessary steps to a life of true abundance. It's time to reimagine wealth and unlock a vision that transcends monetary value! Key Points: The misconception of associating material possessions with a "soft life" and the importance of understanding that true wealth is about freedom and independence rather than just cash. Contrasting the "rich mindset," which focuses on cash and material items, with the "wealthy mindset," which prioritizes using money to create freedom and joy in life. Personal experiences of starting a business with limited funds and making deliberate financial decisions to invest in the growth and sustainability of the business rather than immediate luxuries. The significance of shifting from a cash-oriented mindset to an asset-oriented mindset for long-term financial freedom and sustainability. Morgan walks you step-by-step through a game-changing exercise given to her by her wealth manager to not only plan your ideal lifestyle but map out the actual costs of achieving it. [It may be more attainable than you initially thought!] Embracing purpose, focusing on impact, and building a life where your time is not tied to income but to personal fulfillment and freedom. Enjoying the Journey? We'd be absolutely thrilled if you could take a moment to show some love and support! Leave us a rating and review to help us reach even more people on their quest for a fulfilling personal and professional life. Head to Apple Podcasts, shower us with five stars, and don't forget to share what resonated with you the most. Your feedback means the world to us! We release new content every week, don't miss an episode by subscribing wherever you listen to podcasts. RESOURCES: Subscribe to the podcast: https://podcasts.apple.com/us/podcast/the-journey-with-morgan-debaun/id1687058364 Follow us on Instagram: https://instagram.com/thejourneybymdb Additional Resources: https://worksmartprogram.ac-page.com/thejourneypodcast Enjoyed This Episode? Listen to This Next: https://podcasts.apple.com/us/podcast/why-i-left-la-for-nashville-embracing-the-soft-life/id1687058364?i=1000613237629
Released:
Jun 13, 2023
Format:
Podcast episode
Titles in the series (55)
Morgan DeBaun: My Journey from St. Louis to Silicon Valley & Beyond: In this week's episode, Morgan shares the first part of her personal and entrepreneurial journey from growing up in St. Louis to becoming a successful founder of Blavity. She shares her experiences from childhood to present day, highlighting... by The Journey with Morgan DeBaun