The Lifestyle Investor - Investing, Passive Income, Wealth 053: Mike McCarthy on How to Succeed as an Investor without Sacrificing Family!
There’s no point in making money if you’ve got nobody to spend it with. Unfortunately, far too many entrepreneurs sacrifice their freedom to achieve financial success—and in the process, they lose out on spending time with the people who matter the most.
Those who fall into this trap will say they’re “doing it for their family”, but sadly, it’s the family that always gets the short end of the stick. And I can tell you from experience, I’ve made this mistake!
But keep this in mind…
Your kids will never remember how many mortgage payments you make, but they will remember if you show up to their little league games, birthdays, recitals, and family dinners.
This leads me to today’s guest. I’m speaking with my good friend and lifestyle investor, Mike McCarthy, whose mission is to help you see that what your family really wants isn’t material wealth—it’s YOU!
Mike is an entrepreneur, speaker, author of The Miracle Morning for Parents and Families, Regional Owner of the Keller Williams Greater PA Region, and Co-Founder and former CEO of GoBundance.
While Mike achieved incredible success as an entrepreneur, he didn’t want to give up time with his family to start more businesses. Which is what led to him building FamBundance—a family mastermind community that creates personal development opportunities for like-hearted and like-minded families.
In today’s conversation, Mike and I talk all about putting family first, the key to building a true legacy, how to include your kids in creating strong values, and why your life as an investor is only successful if you’re balancing it with a happy home.
Here's just some of the things we get into:
- How Mike repaired an estranged relationship with his father and built a successful real estate franchise in the process.
- Why a successful business and a happy family life go hand-in-hand.
- Why freedom of time is way more important than financial success.
- Applying your business leadership skills to your family life.
- Why more money isn’t the key to building a legacy.
- Why you should stop using the excuse “I’m doing it for my family”
- Involving your kids in defining your family values.
- The Miracle Morning for Parents and Families.
- Why improving communication and connection in individual families can save the world.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/53
Free Gifts from Mike McCarthy
Mike is giving away his family goals worksheet which is taken from The Miracle Morning For Parents and Families Playbook. This is a great exercise to help you set and achieve important goals with your family.
To get access to this free gift, visit JustinDonald.com/53
Get the Lifestyle Investor Book!
To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book
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