Often you hear conversations that pit the rich against the poor. In this episode of Learning for Legacy, Afam discusses how some conversations can unnecessarily create an ‘us against them' mentality. Because anyone can be both poor and rich in one lifetime, he pivots the discussion to instead be one about mindset.

KEY TAKEAWAYS 

• Look at any garden landscape, it takes someone maintaining the garden to keep it looking good and thriving. Our minds and mindset are much the same. 
• We can look at income in three different ways. Linear income, the money we earn from doing a job. Residual or recurring income, this is ongoing such as selling a license. The third is passive income, this comes from creating an asset once like a song or a book with sales that will go on after it's been created. 
• The wealthy in mindset constantly look for opportunities to leverage their money to save their time and hire people to keep things ticking over. By having more time, they can look for more ways to make a difference. 
• The poor in mindset is conditioned to only think they can work for their money, and not how to make it work for them. 

BEST MOMENTS

‘Our mind is the greatest asset we can invest in'

‘The wealthy know that their time is more valuable than money'

ABOUT THE HOST

Afam Onyenakala is passionate about people building generational wealth for their households. In this respect, his aim is to provide information and insights for lifestyle design, leadership and economic empowerment. Afam is encouraged when he sees others building a legacy for themselves.

https://linktr.ee/afamo

LinkedIn: linkedin.com/in/afamo

Bitclout: bitclout.com/u/afam

PODCAST DESCRIPTION

A topical & interview podcast all about the concept of making generational wealth understandable, practical and accessible. It's important to break down what it really is & isn't. Talks including ethics, character, leadership, strategies, history, case studies, sad stories made good, fun stories making to uplift, leftfield stories making you think, discovering stories/examples around the world. Including interviews with community & business leaders, thinkers, celebrities and everyday people.

This show was brought to you by Progressive Media

Hosted on Acast. See acast.com/privacy for more information.