Transform your mindset and unlock the doors to financial freedom in today's episode with Steven Pesavento! Steven shares his journey from a high-earning management consultant to achieving financial independence. Uncover the rules of living with the investor mindset, learn how to shift from scarcity to abundance, and discover how investing in yourself can be the most rewarding decision ever. He also discusses changing from a blue-collar scarcity mindset to a business mindset, where money is seen as an abundant resource that can be exchanged for value. By understanding what you want and making smart economic calculations with trust in yourself, you can take control of your finances and achieve financial freedom.
This episode offers valuable insights for anyone looking to unlock potential and live a fulfilled life.
[00:01 - 06:23] Opening Segment
Introducing Steven to the show
Steven shares his mindset shifts and how he achieved big things in real estate
He built a business focused on personal growth and helping others achieve their goals
Steven runs The Investor Mindset Show to teach people about money and investing
[06:24 - 11:31] Investing in Yourself and the Investor Mindset
Investor mindset comes down to understanding the purpose behind earning money and investing it into assets that pay you
Designing your life with intention and getting clear on what you want and why you want it
Having a challenging childhood is a gift
[11:32 - 20:08] Unlocking Doors with Money
Money is just a tool that can be used to unlock doors and help improve health
When you go to work, the business pays you for the value they receive from your work
Time is the most valuable resource, as it cannot be replaced once gone
[20:09 - 25:13] Get Clear on What You Want
You should repurchase your time by investing in assets that set you up to live free of anything you want to do
Naming your number is getting clear on how much money you need to earn to live the life you want
[25:14 - 31:08] Closing Segment
The best investment: getting started with anything
The worst investment: a 7,000-square-foot house that took a year and a half to sell
The most important lesson: getting clear on what you want and the outcome you are going after
Quotes:
"We all learn to have the beliefs we have based on our life experiences." - Steven Pesavento
"Time is the most valuable resource that I have. I'm happy to invest it into things and people and businesses that are going to allow me to make a bigger impact on the world because I don't know how much time I have left." - Steven Pesavento
"The whole point of naming your number is that most people don't want to put a number on that. They don't want to acknowledge that they are putting a number on the cost or value of the quality of time they spend with their family." - Steven Pesavento
Connect with Steven!
Podcast: The Investor Mindset Podcast
Website: www.InvestorMindset.com
Instagram: https://www.instagram.com/steven.pesavento/
LinkedIn: https://www.linkedin.com/in/stevenpesavento/
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
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Join our Passive Investor Club to access passive commercial real estate investment opportunities.
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