376. 5 Real-World Keys To Building Wealth and Living a Rich Life! with Scarlett Cochran
DREAM THINK DO I Motivation, Encouragement & Strategy
How to Increase Your Income to Eliminate Debt
People don't actually realize how much money it takes to create the life that they want. One of the first things that people realize is that they're under earning in their jobs. And so when they have that future vision for their lives, they start to get really excited and it gives them a why behind what they're doing.
Scarlett Cochran is our guest! She’s an attorney, financial expert, and an entrepreneur with an amazing story! In fact, it’s an incredible example of a true DREAM THING DO story!
As a teenager… Scarlett was a Marine who also became a single mom living below the poverty line. As you can imagine… it was a tough season… but she got bold and audacious. Specifically… she gave herself permission to DREAM and get clear on the kind of life that she REALLY wanted to create for her daughter and her.
Then she went to work. Scarlett found a way to start her college degree by going to night school. She also found a way to buy a home at 20. And she kept dreaming… thinking and doing… and that led her to eventually leave the Marines and go to school full time. In fact, she was the first in her family to attend college! But she didn’t stop there.
Next… she set her sights on law school. Not only that but she decided to try to get in one of the top 14 law schools in the country. And guess what? She got into YALE (one of the prestigious law schools in the world!) and graduated with multiple job offers waiting.
She graduated… worked hard… figured out that she wanted to have some quality of life… so she worked as a banking and consumer finance attorney for:
- the Consumer Financial Protection Bureau
- the Federal Deposit Insurance Corporation
- the US Department of Housing and Urban Development (where she worked on fair lending and equity issues).
In the past few years though… her story started to get out and people wanted to learn how she created a completely new life.
Since then… she’s touched the lives of millions by being featured by Good Morning America… Forbes… CNBC and Oprah, as well as her own YouTube channel.
Her brand new book called “IT’S NOT ABOUT THE MONEY - A PROVEN PATH TO BUILDING WEALTH AND LIVE THE RICH LIFE YOU DESERVE” was recently released and people are loving it!
So… we’ve got a LOT to talk about… so let’s get to this!
MORE ABOUT SCARLETT:
Scarlett’s site: www.Onebighappylife.com
Scarlett’s book: https://onebighappylife.com/its-not-about-the-money-book/
Scarlett’s book on Amazon: https://amzn.to/3ZVIcIg
Scarlett’s IG: https://www.instagram.com/onebighappylife/
MITCH’S NEW PODCAST:
ENCOURAGING THE ENCOURAGERS
You can now check out Mitch’s new DAILY podcast called “ENCOURAGING THE ENCOURAGERS” anywhere you listen to podcasts.
It’s specifically designed for coaches, speakers and content creators and provides quick doses of inspiration, strategy AND… of course… encouragement!
Check out: www.encouragingtheencouragers.com!
Find it on Apple Podcasts: https://podcasts.apple.com/us/podcast/encouraging-the-encouragers/id1652168710
Find it on Spotify:
https://open.spotify.com/show/1OqXYYif08gdLQCJKkHSkN
Find it on Anchor:
https://anchor.fm/encouragingtheencouragers
Find it on Google:
https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy9iZDI2NzNhOC9wb2RjYXN0L3Jzcw
RELATED PODCAST DREAM THINK DO EPISODES:
If you like this episode… we think you’ll dig these too!
Oscar Winner - Howard Berger: “Don’t blow up the house!” - Mitch Matthews (Click Here)
Biggest Loser’s Jillian Michaels: “This Might Surprise You!” (Click Here)
Sheri Salata - Oprah’s Executive Producer for 20+ years on Finding the Love for Life [Again]: https://mitchmatthews.com/312/
5x NYT Best Selling Author - Jon Acuff - Stop Overthinking & Get it Done!: https://mitchmatthews.com/340/
LET’S HEAR FROM YOU!
I don’t know about you but I loved this conversation! Scarlett’s journey is an example of someone truly living the DREAM THINK DO life! I love it.
But… I’m curious.
So… what’s something that clicked with you?
What’s something that resonated?
More importantly… what’s something you’re going to DO as a result?
I want to hear from YOU!
Leave a comment and let’s hear from YOU!
And hey… keep bringing YOUR awesome!!!
Mitch
Episode minute-by-minute recap:
- 0:02 What’s inside today’s show
- 2:40 Get to know Scarlett Cochran
- 4:14 How Scarlett Cochran learned how to Dream!
- 7:00 What led Scarlett to the military
- 12:50 Overcoming the victim mentality
- 14:41 How Scarlett’s journey led to Yale University
- 19:07 The power of personal relationships
- 24:00 Becoming an “Accidental” Entrepreneur
- 29:04 How to grow in an abundant mindset
- 31:28 The real problem with debt and overspending
- 38:00 You don’t need permission to dream big
- 41:44 Mitch’s minute! Biggest takeaways and action steps
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