The Money Advantage Podcast

Indestructible Wealth, with Jack Gibson


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How do you build wealth that lasts? Today, we’re talking with Jack Gibson, an international, serial entrepreneur who’s built multi-million dollar enterprises, twice. So, if you want to utilize the secrets of the wealthy to build indestructible wealth with multiple streams of income, and instill the entrepreneurial spirit in your children… tune in now!
Last time we had Jack on the show we discussed The Beginner’s Guide to Buying Your First Property.
https://www.youtube.com/watch?v=fBLo8vgNHbE
Table of contentsSuccess and FulfillmentFixing Your Money Mindset for Indestructible WealthThe Stages of Building Indestructible WealthInvesting in a Cash Flowing BusinessInvest in Non-Speculative AssetsSave and Invest in Speculative Assets
Success and Fulfillment
Wealth is not a guarantee, and even those who have money may not be truly wealthy. The thing about wealth—true wealth—is that it has more to do with the lasting quality of your money than the amount of money you have. Can your wealth weather tough economies? Can you rebuild your wealth, if lost? How long will your wealth last? These are all questions that can help you determine whether or not your wealth is indestructible.
Jack Gibson, helps entrepreneurs to build meaningful wealth with staying power. In other words, he helps people to understand that in order to have true wealth, one must protect and insure that wealth.
[6:25] “We have to be totally present to the fact that our money, our wealth, could be taken from us. Or it could be lost, or it could be stolen, or it could get eroded. All of those things are entirely possible.”
Having a sum of money can go a long way in protecting your livelihood, but your mindset and ability to create money and wealth are far more valuable.
Indestructible wealth, truly, begins with your mindset. A resourceful and entrepreneurial mind are key, because they can help you replenish your stores when the unexpected happens. 
[7:55] “You could take everything away from Jack Gibson right now. And although I really hope that doesn’t happen… I feel you could drop me off at any town with a hundred bucks in America, and eventually, a decade later, I’ll be coming out a multi-millionaire again. 
Fixing Your Money Mindset for Indestructible Wealth
[10:29] “Whatever you believe that you can or you can’t do, you’re right… What are some of the beliefs that you’ve been given, that maybe you’re not even aware of, that could be preventing you from creating wealth…?"
Take popular media–how many movies have you seen where the villain is rich and evil? In our conversation, Jack cites Titanic as being one of the more insidious examples. While it may be a great movie, it does almost too good a job of painting the rich as careless, calculating villains. 
This mindset can keep so many people not just from amassing wealth but from creating indestructible wealth. After all, who wants to become the villain?
[12:10] “I think that for my platform, the more people–good people–that I can teach how to make great money, then I know that they’re going to do really great things for other humans with that.”
Money Isn't Evil
While we may be steeped in a culture that loathes the rich, money itself isn’t evil. Money is an idea, and simply amplifies who you are as a person. And you can't ignore that money can do a lot of good, too. This is why it's important to be charitable, for example. But if you don't do acts of service now, is money going to change anything?
Jack shares his own story about why, regardless of your wealth or status, it's important to practice and live the habits you wish to cultivate now.
[15:00] “What I teach is just start exercising that muscle, because as you continue to grow and flourish in your businesses and your investments, and growing your money, then that’s just going to amplify who you already are and the way that you’re being.”
Jack shares that he was able to give $40,
...more
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The Money Advantage PodcastBy Bruce Wehner & Rachel Marshall

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