Clint Murphy

In this episode: the pain of paying, anchoring, relative value, sunk costs, response to stimulus, and opportunity cost. On this installment of the Book Club, we are joined by Clint Murphy and Ginger to discuss some of our favorite takeaways from Dan Ariely and Jeff Kreisler's "Dollars and Sense: How We Misthink Money and How to Spend Smarter," We often mention on this podcast the importance of actionable steps you must be willing to take while on the journey to FI, and this book is chalk-full of actionable tips and examples that could possibly be applied to many areas of your life, not just personal finance. While we know that personal finance is not unilateral and there are no correct steps and decisions that ensure success for everyone, we believe this book can help you better understand the decision making processes that goes into taking actionable steps on your FI journey!  Book Club Selection: "Dollars and Sense: How We Misthink Money and How to Spend Smarter" by Dan Ariely and Jeff Kreisler Timestamps: 1:21 - Introduction 4:20 - Reducing The Pain Of Paying 11:42 - Anchoring 19:01 - Opportunity Cost and Saying No 25:40 - Relative Value 30:20 - Why We Don't Understand Fairness and Value 38:49 - Sunk Costs 46:31 - Overvaluing What Your Already Have 50:07 - Spreading The Gap Between Stimulus and Response 57:21 - Conclusion Resources Mentioned In Today’s Episode: The Growth Guide Podcast Clint's Twitter: @IAmClintMurphy FI is Fun The Great Man Within "Die With Zero: Getting All You Can from Your Money and Your Life" by Bill Perkins "Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions" by Dan Ariely Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance

E36: What's it like to go from 0 to 300k+ followers in 2 years? Clint Murphy, the host and creator of The Growth Guide podcast and newsletter, did exactly that. Clint is the Chief Financial Officer at Mosaic Homes, a Real Estate Development company. But, what I’m most impressed by is Clint’s audience growth, which has skyrocketed over the past 2-3 years. Clint is a master at audience growth and lucky for you, I invited him on to this podcast to tell us all about it.  This is a masterclass in personal brand growth. This is one episode you don't want to miss.Let's get down to business!***SPONSOR: I love using Riverside.fm to record all guest interviews like this one with Clint Murphy. Try it out 100% free here and when you're ready, use the code FIRSTCLASS to get 20% off any paid plan.***EXCERPTS:Audience Building Flywheel: "And so the flywheel is, as we grow the social media, the access to guests increases. As we have larger and larger guests, the threads that we write on social media to promote the episode get more eyeballs because people wanna learn lessons from those people that you had on the show...Until they're both growing bigger and bigger."— Clint Murphy (8:32)Viral Networking: "And so what you do is you create a network of friends. I'm gonna share your stuff. You're gonna share my stuff. We share each other's stuff. We lift each other up. We get it in front of more eyeballs."— Clint Murphy (12:00)*** TOPICS:[00:05:27] Reverse Engineering Goals for Success[00:08:32] Creating a Flywheel to Grow Your Audience[00:10:52] Mindset: Be Willing to Suck For a While[00:20:11] Differences Between LinkedIn vs. Twitter[00:21:55] How to Choose the Right Platform For Your Content[00:25:33] Focus on the Long Game for Growth[00:26:15] Focus on Process, Not Results - Your Inner Scorecard[00:34:56] 7 Lessons for Successful Content Creation*** LINKS:Jeremy Enns - Episode 28Sam Browne - Episode 32JOIN: First Class Founders Premium MembershipDOWNLOAD: Hyper-Visuals For Our Episodes (Free)***FOLLOW / REVIEW:- Follow - Leave 5-star review***CONNECT W/ YONG-SOO:- X- Threads- LinkedIn- Newsletter***First Class Founders is a show for indie hackers, bootstrapped founders, CEOs, solopreneurs, content creators, startup entrepreneurs, and SaaS startups covering topics like build in public, audience growth, product marketing, scaling up, side hustles, holding company, etc. Past guests include Arvid Kahl, Tyler Denk, Noah Kagan, Clint Murphy, Jay Abraham, Andrew Gazdecki, Matt McGarry, Nick Huber, Khe Hy, and more. Episode you might like:Future of Newsletters with Tyler Denk, Founder & CEO at BeehiivFrom Zero to 100K Subscribers: How to Grow Your Newsletter like a Pro with Newsletter Growth Expert Matt McGarry...

Growth expert Clint Murphy shares the simple steps to achieving success: vision, plan, and action. Learn how to define your goals, create a plan, and develop daily habits for long-term progress. Clint emphasizes the power of action in achieving goals and discusses the importance of taking daily steps. They explore the idea of compounding in various aspects of life. They also discuss the significance of discipline and having a clear vision for success. Finally, they highlight the importance of focusing on the process and setting achievable goals.