Shaz and Kieron debunk several myths surrounding money and wealth, looking at the importance of understanding the reality of money and wealth, rather than relying on misconceptions and false beliefs.

They challenge the notion that money is the root of all evil, highlighting that it is the love of money and greed that can lead to negative actions. Shaz also discusses the misconception that all debt is bad, explaining that debt can be a tool for generating cash flow and investing in appreciating assets. 

KEY TAKEAWAYS

• Money is not the root of all evil: The common phrase "money is the root of all evil" is often misinterpreted. The actual phrase is "the love of money is the root of all evil." Money itself is just a tool and how it is used depends on the individual's values and mindset.
• It's not about the amount of money you have, but how you manage it. Good debt, strategic investments, and wise financial decisions can help you grow your wealth and achieve financial success.
• Waiting for the perfect moment to invest or take action may lead to missed opportunities. Instead, focus on making informed decisions and adapting as needed. Timing is not always crucial, and it's better to start sooner rather than later.
• While cash provides liquidity, it may not generate significant returns. Investing in assets that generate cash flow or appreciating assets can be more beneficial in the long run, even if they are less liquid.

BEST MOMENTS

"Money isn't the root of all evil, that is a myth." 

"Money exaggerates who you are, if you're a nice person, you'll become an even nicer person." 

"Money can't buy happiness, it can only buy temporary moments of happiness." 

"Debt, like money, is a tool. If used correctly, it can be used to generate cash flow and appreciating assets." VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.