In this episode of the Wealthy Way podcast, I sit down with Edward Collins, a lawyer specializing in tax, estate, and business law, who helps business owners outsmart the IRS and build wealth.
We kick things off with Edward’s $3 billion following, discussing the core values of wealthy individuals and his journey from focusing on risk to preservation. He shares common financial planning mistakes and emphasizes the importance of financial literacy, especially since the public school system doesn’t teach what’s needed for success. We also dive into future tax trends, strategic financial moves, cash flow assets, and how to fund investments.
Edward explains how the wealthy legally avoid taxes and why taxes often become more of a high-class problem. We explore how comfort in misery holds people back, the best times for entrepreneurs to take action, and how political leadership affects wealth. He breaks down practical tips on taking action toward your goals, navigating Instagram influencers, and the shift from old-school to new-school business tactics.
Toward the end, we talk about goal setting, managing multiple businesses, and the hidden costs of increased earnings. Edward explains inflation’s impact on the poor, the importance of understanding deflation, and why time is your most valuable asset. His biggest tip? Invest in yourself. Finally, we wrap up with info on how you can follow Edward and stay connected.
Connect with Edward:
IG: https://www.instagram.com/edwardcollins_upleveled
YouTube: @uplevelentrepreneur
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If you want to level up, text me at 725-527-7783!
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Get high quality, motivated seller leads, on autopilot for your real estate business.
Get access to our real estate community, coaching, courses, and events at Wealthy University https://www.wealthyuniversity.com/
Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://www.wealthykingdom.com/
If you want to level up, text me at 725-527-7783!
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generat...
