The Business Strategist With Adam Strong

How Assets Set You Financially Free


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What if everything you thought you knew about money was holding you back?


Featuring Sharon Lechter—co-author of the international bestseller Rich Dad Poor Dad, presidential financial-literacy advisor under Presidents Bush and Obama, and longtime philanthropist—this episode will transform how you think about income, assets, and true wealth.


I’m Adam Strong, and in this conversation I sat down with Sharon Lechter to unpack why traditional schooling leaves us financially illiterate, how the famed Cashflow Quadrant can shift you from trading time for money into building businesses and investments that work for you, and the four-part Personal Success Equation that powers entrepreneurial breakthroughs.


Whether you’re an employee, self-employed, a budding business owner, or investor, this episode equips you with the mindset and action plan to level up.


Learn how to scale and exit faster by applying to join our waitlist for our next cohort to the game changers inner circle business mastermind go to https://bit.ly/business-mastermind-waitlist for more info


5 Key Takeaways


1. Learn to Build Wealth Through the Cashflow Quadrant

Understand the four income-generating quadrants—Employee, Self-Employed, Business Owner, and Investor—and how transitioning to the right side (Business Owner and Investor) can lead to financial freedom.


2. Improve Your Success with the Personal Success Equation

Apply the formula: (Passion + Talent) × Association × Action + Faith, to align your strengths and network, take decisive actions, and maintain belief in your mission.


3. Enhance Financial Literacy at Home

Encourage open discussions about money with your children to foster financial literacy, breaking the cycle of financial illiteracy perpetuated by traditional education systems. ​


4. Shift Your Money Mindset

Replace limiting beliefs like "I can't afford it" with empowering questions like "How can I afford it?" to stimulate creative solutions and financial growth. ​


5. Recognise the Importance of Mentorship

Seek mentors who have achieved what you aspire to, as they can provide guidance, open doors, and help you navigate challenges more effectively.


Chapters


00:00 Introduction to Financial Literacy and Sharon Lecter

02:55 Sharon's Journey into Financial Literacy

05:34 The Importance of Teaching Money in Schools

11:14 The Role of Mentorship in Success

14:19 What the Rich Teach Their Children

16:10 Changing the Mindset Around Money

18:14 Transitioning from Employee to Entrepreneur

21:34 Learning from Business Decisions

23:34 Creating a Sustainable Business

25:55 Reflections on Past Choices

27:24 Defining Personal Success

29:22 Continuing to Play Big

31:39 Advice for Securing Financial Future


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ABOUT THE GUEST

Website: https://sharonlechter.com


LinkedIn: https://www.linkedin.com/in/sharonlechter


Amazon: https://www.amazon.co.uk/Books-Sharon-Lechter/s?rh=n%3A266239%2Cp_27%3ASharon%2BLechter


Insta: https://www.instagram.com/sharonlechter/


ABOUT THE HOST


LinkedIn: https://www.linkedin.com/in/adamistrong


Learn how to scale fast by taking the business growth quiz: https://howtogrowabusiness.scoreapp.com


YouTube: https://www.youtube.com/adamstrong

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The Business Strategist With Adam StrongBy Adam Strong

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