Leisa Peterson, author of The Mindful Millionaire and The Money Catalyst, dives deep into shifting from a scarcity mindset to one of abundance. She shares a transformative moment in Paris that changed her relationship with money and emphasizes valuing experiences over material possessions. Alongside discussions about alternative investments and the quirks of generosity, Leisa encourages listeners to rethink expenses and prioritize fulfillment. Get ready for laughs as personal anecdotes illuminate the journey to financial and personal growth!
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question_answer ANECDOTE
Paris Moment Redefines Abundance
In Paris, Lisa's friend showed the true meaning of abundance by being present and generous despite limited money.
This moment redefined Lisa's relationship with money beyond just spending and saving.
insights INSIGHT
Beyond YOLO or Frugality
The debate isn't about being frugal or YOLO; the root is understanding what you truly want.
Questioning financial assumptions leads to genuine satisfaction, not following labels.
question_answer ANECDOTE
Tipping and True Wealth
Maribel questions why Lila tips a street artist so generously, seeing it as an unnecessary expense.
Lila replies that experiencing beauty and feeling alive is what truly makes us wealthy and abundant.
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The book tells the story of Alex Rogo, a factory manager who is given three months to improve his underperforming plant or face its closure. With the guidance of his former physics professor, Jonah, Alex learns to apply the Theory of Constraints to identify and manage bottlenecks in the production process. Through this approach, Alex and his team transform the factory, improving efficiency, reducing inventory, and increasing profitability. The novel uses the Socratic method to teach fundamental business concepts and emphasizes the importance of continuous improvement and critical thinking in management[2][4][5].
The E-myth
why most businesses don't work and what to do about it
Michael E. Gerber
The E-Myth Revisited by Michael E. Gerber dispels the myths about starting your own business, highlighting that most small business owners are not true entrepreneurs but rather technicians skilled in their trade. Gerber introduces the concept of the 'E-Myth' and explains that business owners must embody three key roles: the Entrepreneur (the visionary), the Manager (the organizer), and the Technician (the doer). The book emphasizes the distinction between working 'on' your business and working 'in' your business, and provides practical advice on building systems and processes to ensure a business can run independently of its owner.
Ever feel like money is a never-ending game of not enough? Today, we're rewiring that thinking. Our special guest, Leisa Peterson—author of The Mindful Millionaire and now The Money Catalyst—joins us to talk about abundance, scarcity, and how to stop living life like you're budgeting for armageddon. (Hint: It's okay to order the nice wine now.)
Joe Saul-Sehy and OG also shine a light on the resurgence of alternative investments. Is it innovation... or just Wall Street’s way of sneaking in high fees through the back door? Plus, we roll into Doug’s trivia, a TikTok Minute that flips the script on a certain “draft pick,” and, of course, a few stories that prove—yet again—that golf is no game for the frugal.
“Am I YOLO-ing or just broke?” Why framing matters more than frugality
From scarcity to satisfaction: How one moment in Paris changed Leisa’s relationship with money
You call that a tip? The surprisingly deep conversation behind street musicians, champagne, and generosity
Alternative investments are back (again?) Why your advisor might pitch you on ditching the market... and why you should think twice
Personal growth through fiction: Leisa's surprising journey from nonfiction burnout to a book that might just fix your wallet and your heart
When the camel arrives with a skeleton on its back: Doug’s trivia gets weird (and somehow financial)
TikTok Minute: What happens when a 50-year-old thinks he just got drafted into the NFL
OG’s rule of thumb: Volatility isn’t the villain—it’s the entrance fee
🪄 PS: Boston-area Stackers! Joe’s coming your way May 20th. Get all the meetup deets at stackingbenjamins.com/meetup
🎧 Listen now and start living (and spending) like abundance is already yours.