#66: Raymond Lam on the Mindset of a Successful Investor, Playing the Long Game with Fitness and Investing, and The Future of Cryptocurrency

Raymond Lam (@theotherraymond) is an investment coach and restaurant tech consultant. He has helped numerous restaurants upgrade and adapt their business to the ever-changing landscape over the past several years. He also coaches people with their financial investments, teaching them everything he learned the hard way.

I put out a message on my Instagram if any of my followers wanted to do a podcast, just for fun. Raymond sent me a message, and I’m so happy he did. It turned into an amazing conversation on investing and fitness, and how so many of the same basic principles apply to both disciplines. You truly can learn something from everyone you meet, if you take the time to have a conversation and listen.

Raymond spoke about the first thing he teaches people when it comes to investing, and that is how to develop the correct mindset. There is no secret formula. But given the right awareness, attitude, patience, and discipline, ANYONE can be successful. Sound familiar? That’s because fitness is exactly the same. No shortcuts, but if you do the right thing, you WILL win.

We also spoke a fair bit about the differences between chasing short term wins via trading, or as Raymond says “gambling” vs investing and holding. Neither is right or wrong, they are just different tools, for different people, with different positive and negative consequences.

Of course, no investing talk can be complete without a few notes on cryptocurrency, so we spoke about that a bit as well. Also in relation to revolutionary ideas and things that change the world.

This was an amazing conversation. Took a bit of a chance to open it up to absolutely anyone, and it definitely paid off. If you’re a listener and would like to be on a future episode of the podcast, please visit my website and send me a message, or send me a DM. 

Be sure to follow Raymond on IG, and feel free to message him with any questions you may have, or to inquire about financial investment coaching.

If you’re looking for more guidance or coaching for yourself and you’re not sure where to begin, I’d love to work with you and be your coach to help you achieve whatever fitness goals you have set for yourself. Apply for coaching here.

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