

The 4 Sources of Cash (and why I bought a $10M building) | Ep 869
35 snips Apr 11, 2025
Discover the financial habits that differentiate the wealthy from the rest. The concept of 'sawdust money' reveals how successful individuals creatively leverage resources to generate income. Learn about Alex's bold decision to purchase a $10M building, highlighting strategic investments for scaling a business. Tune in for valuable insights on customer acquisition, profit maximization, and the journey of building a billion-dollar net worth.
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Focus on Behaviors
- Focus on changing behaviors rather than beliefs around money.
- Observe the actions of both wealthy and poor individuals to learn effective habits.
Sources of Cash
- There are four sources of cash: past money (savings), income money, debt money, and new money.
- Wealth is often tied to which source people use for purchases.
Big Office Purchase
- A business owner sought Alex's advice on choosing between two office spaces.
- Alex encouraged him to buy the bigger office if he could pay it off within a year.