Sometimes we don't do well because we don't feel well, and sometimes we don't feel well because of the beliefs we've internalised about ourselves or about the environment around us. Generational wealth begins first as an inside job before it manifests itself externally. Today on Learning for Legacy, Afam will be discussing the resource of the mind and three of its uses. 

KEY TAKEAWAYS 

• The conscious mind - This is the part of our brain that deals with comprehension and reasoning. It's where our short term memory exists. 
• The subconscious mind - This is the part of the mind where we keep our beliefs and assumptions. Essentially where our long term memory lives. 
• The superconscious mind - This is what we consider to be the spirit of a person, where the finite part and infinite parts meet. 

BEST MOMENTS

‘Generational wealth and the derivative of success can be achieved by the accumulation of being well'

‘If we consider the words that come across our way as seeds, some of them are good and some of them are bad'

‘The subconscious mind is like the soil' 

ABOUT THE HOST

Afam 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.

linktr.ee/afamo
legacylearning.co.uk
LinkedIn: linkedin.com/in/afamo
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.

How can you make money alongside or alternatively to a job or other income source? Today on Learning For Legacy, Afam will be following on from last week's episode about four income streams, by giving four opportunities to produce these streams. Find out about affiliate marketing, network marketing, the information model, and the membership model. 

KEY TAKEAWAYS 

• There is a similarity between how the credit crunch affected the world and how the recent pandemic has done as well. Both hit the job dependent middle class the hardest. Those who were rich already had the financial structure in place to weather the storm. Those who might be considered poor or state dependent received help from the government. It was jobs that were hit and lost across the board and many who relied on credit found it more difficult - subsequently resulting in many more also becoming state dependent. 
• Affiliate marketing. This is essentially representing a company to market to your circle of people. It's commission based and you don't need to hold any stock. 
• Network marketing. This is using word of mouth to bring on board a sales force to sell products for you and become a part of your team. You sign up with an established company and set a monthly cash goal that you can earn in your spare time. 
• The information model. This is where you are selling information as part of an information empire. You provide need to know information, such as coaching, advice, consultancy, or training to a marketplace. 
• Finally we have the membership model. This is where you build a club online for people to join allowing them to collaborate and make connections around a special interest. 

BEST MOMENTS

‘People are looking for expert information and the ability to grow' 

‘Even though all were affected, it was the job dependant middle class who were worst hit'

ABOUT THE HOST

Afam 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.

linktr.ee/afamo
legacylearning.co.uk
LinkedIn: linkedin.com/in/afamo
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.

What streaming service do you use? Some use Disney+ or Apple or Netflix. In this episode of Learning for Legacy, Afam discusses a different kind of stream, income streams. Find out why you should have four different income streams from different sources, and what those income streams can be used for. 

KEY TAKEAWAYS 

• The reason you should have four income streams instead of two or three is because of several different reasons. We all have different income needs - one is to ensure we have the basics such as food and housing - these are the standard cost of living. 
• The next reason is for security - we don't know what will happen with changes in the economy next year and we all could do with a safety net to protect against any upcoming crisis. 
• The third need is for investments. If you manage your money right it can make more money for you in the future. That's not just investing in shares for example, but investing in education and retirement as well. 
• The fourth financial need we have is for fun. This touches on the Laughter element of what was discussed in previous episodes. Fun includes all recreation activities that involve us and our families. 
• Traditionally there would be only one source of income to fulfil all four of these needs often putting us in a position where the essentials have to be covered and we sacrifice our futures for the needs of now. 
• The new way of doing things would be to have four separate incomes that come in to feed one single vision. By doing this we're able to assign one income stream to each of the four areas discussed. 

BEST MOMENTS

‘The credit crunch hit the middle class hardest because it impacted credit' 

‘The true purpose of money is to reproduce itself if used wisely' 

ABOUT THE HOST

Afam 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.

linktr.ee/afamo
legacylearning.co.uk
LinkedIn: linkedin.com/in/afamo
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.

One of the things we all want to do this New Year is get cash flowing towards us. In this episode of Learning For Legacy, Afam will be recapping how cash flows. Afam breaks down the four cash flow quadrants, and looks at two mentalities when it comes to making and spending money. 

KEY TAKEAWAYS 

• Cash flow works in one of two ways, towards us or away from us. Which one it will be is affected by two different mindsets. Cash flowing to us is set by a producer's mentality, and away from us is a consumer's one. 
• One of the first questions you should ask yourself is what type of money you make and what would you like to make for this year. Break this down into how long does it take to make that money, how much does it cost to make that money, and finally what are the tax implications of the money I make. 
• Assess where you are in your life in these four different areas. The employee, the self employed, the business owner, and the investor. We need to assess where we want to sit in these different quadrants. 
• In this first quarter of the year we should be taking inventory and deciding which of those four quadrants you want to be in. You can then take steps towards achieving those goals. 

BEST MOMENTS

‘In order for cash to flow towards us, we must adopt a producer's mentality' 

‘We are all running our own lanes. We're not in competition with the person on our left or our right'

ABOUT THE HOST

Afam 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.

linktr.ee/afamo
legacylearning.co.uk
LinkedIn: linkedin.com/in/afamo
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.

Stephanie Taylor's life completely transformed in her 40s, after decades of thinking that business and wealth were not for her. Stephanie became an award-winning property investor with a multi-million-pound portfolio, a 6-figure business owner, a number 1 best-selling author and top 1.5% podcast host. She joins Afam this week on Learning for Legacy to share her story and give you advice on building generational wealth.

KEY TAKEAWAYS

• Believe bigger. If you can believe bigger, that belief will lead to bigger results and transformational feelings.
• Be bolder. Once you start believing in something your fear will decrease.
• Be a game changer. When you harness the power of self-belief, you become a game changer. The first person's game that you change is your own.
• Stephanie was the game changer in her family, although when her son was young they didn't have a lot of material possessions she has taught him so much including resilience, self-belief and how to be a successful individual, business owner and property investor.
• Stephanie's first role in property was earning £500 to £1000 per month managing other people's properties for them.
• If you are currently working in a rent-to-rent market, create long term goals to buy your own assets.
• Rent-to-rent is where you rent a property from a landlord and you then rent it out to a tenant, usually room by room, whilst renovating the property too.
• As a property manager you need to listen, understand, and respond.

BEST MOMENTS

“Everything that is in your life was an idea first”

“You have to be your own decision maker”

“Property is a great business to be in because it's easy to understand”

“Money itself doesn't mean anything, it's what you do with it”

EPISODE RESOURCES

Blow up Your Life is a unique one to one Programme to unlock the door to your unique desires and help you recreate your life exactly as you want it.

When you know what you truly want, you can live a big, beautiful life of no regrets.

Book a free Ignite Your Spark call https://blowupyourlife.com/spark

Blow Up Your Life https://blowupyourlife.com

Buy Stephanie's book https://getbook.at/rent2rentsuccess

HMO Heaven https://hmoheaven.com

Rent 2 Rent Success https://rent2rentsuccess.com

ABOUT THE GUEST

After decades of thinking that business and wealth were not for her, Stephanie became an award-winning property investor with a multi-million pound portfolio, a multi-6-figure business owner, number 1 best-selling author and top 1.5% podcast host. 

Stephanie is setting up an accommodation and education trust to help people who struggle to find beautiful affordable homes like she did as a teenage single mum on benefits.

In 2021 she was voted Inspirational Person of the Year by Potential Unlocked with Les Brown.

She now lives a life she didn't imagine was available to her. Her passion now is to share the message with other women to unlock their desires, see the sparks within them and blow up their lives over the age of 40.

ABOUT THE HOST

Afam 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.

linktr.ee/afamo

legacylearning.co.uk

LinkedIn: linkedin.com/in/afamo

Instagram: instagram.com/afam4legacy

Patreon: patreon.com/legacylearning

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.

This Christmas season, Afam is focusing on the reasons for why we do what we do for our families, our loved ones, and our communities. This week on Learning for Legacy, love is the root of the reason why. Find out what we need to sacrifice to grow. 

KEY TAKEAWAYS 

• Everyone is at a place in their current situation called ‘here', and we all want to get ‘there'. The only thing in between the two is that entity called time. 
• During this season of giving, ask what you have to give and what your contribution looks like. What is it you want? Why do you want it? How will you be able to get it? When are you going to start and finish?

• How comparable is our willingness to learn with our willingness to change?

BEST MOMENTS

‘A new decision today is a yes to your future self' 

ABOUT THE HOST

Afam 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.

linktr.ee/afamo
legacylearning.co.uk
LinkedIn: linkedin.com/in/afamo
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.

Leadership demands courage from us to decide to be the reagent our family needs. On this episode of Learning For Legacy, Afam will be talking you through the topic of leadership, one of the 4 Ls for building generational wealth. Don't forget that you can get your free ‘Mindset Towards Creating Wealth' report at legacylearning.co.uk

KEY TAKEAWAYS 

• Intrapersonal drive - Your determination to succeed must be internally driven and not dependant on external factors. 
• Be a visionary - Your words and example set the tone and create a compelling picture of what is possible. 
• Competence - This is to do with your skill level achieved by personal development. 
• Character - The synergy of humility, integrity, and trust. 
• Interpersonal excellence - This is about building wonderful connections with people using emotional intelligence. 
• Flexibility - Be ready to learn, change, and adapt to new ways of doing things. 

BEST MOMENTS

‘Leadership demands courage' 

‘We must all have a reason for why' 

‘People buy into you before they buy into what you're doing' 

ABOUT THE HOST

Afam 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.

linktr.ee/afamo
legacylearning.co.uk
LinkedIn: linkedin.com/in/afamo
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.

All of us have felt anxious, stressed or uncertain before. It often arises when we have to do something like a speech or a presentation at work, but we can sometimes feel unconfident in certain social situations too. So how can we improve our confidence when faced with this? This week on Learning For Legacy, Afam will be giving you four quick ways to change your state and improve your confidence, in all areas of life.

KEY TAKEAWAYS

• We can either be in a resourceful state or an unresourceful state. A resourceful state is feeling confident, energetic, enthusiastic, but the reverse is being fearful, feeling incompetent, tired or lethargic. Your performance is related to the state you are in at any given moment.
• The four ways to improve your confidence are: positioning, posture, proclamation and placement.
• Positioning is changing what you're focusing on at that moment in time.
• Posture is your body language and physiology. How are you standing, what is your posture?
• Proclamation is about changing your internal self-talk. The way we talk to ourselves influences our confidence.
• Placement is anchoring yourself to a place or moment in time where you were feeling resourceful and confident.

BEST MOMENTS

“If we're in a state where we don't feel confident, try to focus on something more positive”

“Some motivational speakers even have a rock in their pocket that reminds them of a good place”

ABOUT THE HOST

Afam 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

Instagram: instagram.com/afam4legacy

Patreon: patreon.com/legacylearning

 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.

Chantel Nyame-Bankole is an author and financial literacy educator for young people aged 5 to 16. She has recently launched 5 financial literacy resources for parents and children. This week on Learning For Legacy, Afam and Chantel will be discussing the advantages of financial education for young people before they head out into the world on their own, and how that can build lasting generational wealth.

KEY TAKEAWAYS

• After her son was born, Chantel saved any money that he was entitled to from benefits or gifts from other people. She signed him up for a modeling agency and any money from that would only go to him. She set up life insurance on herself with him as the benefactor in case anything happened to her. While collating all this information, she decided to form it into a book for parents to build wealth for their children.
• She thought if children were to understand finances, then she would first have to make sure their parents had a good understanding of building wealth. Then they could introduce that information to their children at an earlier age.
• Teach your kids to pay attention to credit scores and what will cause them to have bad credit.
• If you can give someone the understanding of how to do something they can use those skills for a lifetime and pass them on.
• One testimony Chantel treasures was when she received a message from someone saying they had opened ISAs for their children. It was so rewarding to see that she has made a difference.

BEST MOMENTS 

‘Not everyone gets to accumulate assets during their lifetime'

‘Financial education is more important than the assets you leave behind for your kids'

‘You can tell how good a parent is by looking at their children, you can tell how great they are by looking at their grandchildren'

EPISODE RESOURCES  

Chantel on Instagram

Financial Education Vocabulary Workbook 5 years +

Financial Education Vocabulary Workbook 7 years +

Financial Literacy Workbook for teenagers 13+

Financial Education flashcards for 5 and 7 years +

ABOUT THE HOST

Afam 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
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.

A key component for building generational wealth is to manage and master your money effectively. In this episode of Learning For Legacy, Afam will be expanding on some tips from a previous guest, the Disruptive Entrepreneur, Rob Moore's 11 ways to manage and master your money. 

KEY TAKEAWAYS 

• Extreme emotions both good and bad can erode wealth so manage money logically. 
• Get out of debt first. 
• Never spend more than you earn. 
• Save a target percentage of your income, and increase it over time. 
• Max out your tax-free savings every year. 
• Invest in assets that pay a passive income that you can invest back into assets. 
• Set up a SANT bank account (Save And Never Touch).
• Follow the 6 levels of saving money. These are, get out of debt, save, invest, speculate, diversify, and insure. 
• Prepare lunch before work.
• Don't buy clothes, gadgets, or unnecessary items for a year. 
• Take some risks. 

BEST MOMENTS

‘When the emotion is high, the intelligence is low' 

‘G is for gains, O is for off the table, L is for lock, D is for diversify' 

ABOUT THE HOST

Afam 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
Instagram: instagram.com/afam4legacy
Patreon: patreon.com/legacylearning

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.