The reality is most entrepreneurs won't reach the singular exit that retires them for life. So why is their strategy to build wealth rooted 100% in their business?

It's common for entrepreneurs to feel the urge to go all in and invest 100% in their business. But spoiler alert: Running a business is hard and selling your business for enough to spend your retirement at the Four Seasons with a pina colada in hand is even harder.

In today's episode, Andrew Foxwell and I talk about how entrepreneurs can build wealth outside of their business by focusing on three different buckets of investments, why a diversification strategy is something to consider, and how we are preparing for looming financial issues that are on many people's minds. 

Episode Highlights

• 6:27 Establishing what financial freedom looks like for you
• 9:27 The three buckets of investments
• 10:38 How Austin and his wife got into real estate investing
• 16:08 Austin and Andrew's stock market strategy to build wealth
• 19:18 Protecting yourself from an inflation event
• 22:09 Views on cryptocurrency and how to create a hedge for yourself
• 24:12 Austin's business strategy to build wealth
• 2840 How to build a $100M asset without having a $100M business
• 30:48 Leveraging the skills you have to create outsized returns
• 34:04 The importance of having a net worth progress tracking system

Links and Resources:

• Allegra’s Website Factora Wealth
• Wealthfront
• I Will Teach You To Be Rich by Ramit Sethi
• Brand Growth Experts
• The Coalition
• Foxwell Digital
• [email protected]
• @a_brawn on Twitter
• @andrewfoxwell on Twitter
• Review or subscribe on iTunes