Wholesaling Inc with Brent Daniels WIP 1588: Revealed - The Essential Secret to Accumulating True Wealth
Oct 23, 2024
25:04
Selling assets too soon could be your biggest financial mistake, and Tom Krol is here to explain why…
In this episode, learn how to make cash flow grow your net worth, not your expenses, and why tracking your net worth weekly is a game changer for long-term success.
Start building your wealth today with Brent’s TTP training program!
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Show notes:
- (0:50) Beginning of today’s episode
- (1:50) Your largest financial loss came from selling assets
- (13:15) It’s not just cashflow, it’s cashflow + net worth
- (13:55) Make sure your cash flow increases your net worth before it increases your living expenses
- (17:59) Know what your net worth is, measure it every week and set a goal
- (18:43) Assets - Liabilities = Net Worth
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Resources:
- Profit First by Mike Michalowicz
- Rich Dad Poor Dad by Robert Kiyosaki
- Cashflow Quadrant by Robert Kiyosaki
- Follow Tom Krol here
- Coaching Inc.
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
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