

The 4 Sources of Cash (and why I bought a $10M building) | Ep 869
356 snips Apr 11, 2025
Discover the secrets behind the financial habits of the wealthy and what distinguishes them from those struggling financially. Learn how to create multiple income streams and leverage resources effectively. The discussion emphasizes a proactive approach to earning money, supported by personal anecdotes. Hear why investing in substantial assets, like a $10M building, can be a game-changer for your wealth accumulation strategy.
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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.
Sources of Cash
- There are four sources of cash: past money (savings), income money, debt money, and new money.
- Wealthy individuals often prioritize generating 'new money' for major purchases.
The Big Office
- A business owner was advised to buy a larger office if he could pay it off within a year.
- This demonstrates the principle of using 'new money' for desired purchases.