Self Storage Investing How to Filter Through New Ideas & Opportunities Joey Mure and Russ Morgan
We have been made to believe that if we want to earn more money, we need to be ready to invest more time into the work. According to Russ Morgan and Joey Mure, that shouldn’t be the case. You can achieve financial freedom ad time freedom at the same time.
Joey and Russ are the founders of Wealth Without Wallstreet. They will be sharing some nuggets of wisdom around attaining financial freedom and time freedom. Grab your notebook and pen because you need to take notes.
Key Talking Points of the Episode:
[03:53] Getting to know Joey Mure
[09:26] Becoming your own banker
[13:25] The genesis of Wealth without Wallstreet
[18:46] How Russ and Joey’s short-term rentals are growing
[23:02] How Russ and Joey explore different ideas out there and what it looks like when they decide to go full board
[28:02] Culture index in hiring
[31:38] How Joey and Russ have built a unique tribe from everyone else
[39:43] Outstanding stories of people who have managed to achieve financial freedom
[48:29] The first step that Joey and Russ take to help people get out of financial bondage
[51:44] Joey’s favorite book
Magical Quotes from the Episode:
“Where you are is where you’re supposed to be.”
“When a person sits down and create 100-year plan, it isn’t because they feel like they’re going to live to 120 or 130. It means that they are building a legacy and they want to make sure that their family is taken care of.”
“When you create a margin in both the amount of money that you make, and that you spend, and then you gain this passive income, it opens up worlds that would have never been available to you before.”
“One of the major things standing in the way of people being used in the capacity that God created them, like to their maximum use, if you will, their ability to serve, is to get them out of financial prison.”
“I don’t want to do anything that creates more another job within my business for myself.”
“Ideas are welcome, but execution is we’re worshipped around our organization.”- Jim Hoffman.
“If the idea of opportunity requires more time for us, it’s a no. It doesn’t matter how big the opportunity is, if it’s going to require us to give up what we’ve worked so hard to gain, which is hours that are precious to our family and to serving others, we’re just not going to do it.”
“Financial freedom, the formula to achieve it is easy. But the work to accomplish it is hard. And the formula is simply passive income greater than monthly expenses.”
Connect with Russ Morgan and Joey Mure:
Course:WealthWithoutWallStreet.com/Hustle
Podcast: Wealth Without Wall Street podcast
Resources Mentioned:
Becoming Your Own Banker by R. Nelson N