Transformation Unfiltered

Stop the $10 Trap: The Mindset That Built Wealth


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Summary:

Author spotlight!

At 29, Cedrick realized he was broke, buried under “$10-a-month” decisions and payday loans. A single seminar flipped the script: change the mindset, change the money, change the generations. In this conversation, we unpack the shift from impressing “the guy at the red light” to living on purpose, paying off debt, retiring at 50, and building wealth that outlives you.

Cedrick LaFleur is a leadership coach, eight-time visionary author, and retired regional sales manager (22 years at Abbott). He now leads LeFleur Leadership Institute, helping people and organizations build best-in-class leaders.

Chapters:

00:00 – Generational wealth: “children’s children” (opening)

03:00 – “I woke up broke” & the $10-a-month trap

06:15 – The seminar that sparked the shift (Wealth Without Risk)

10:00 – Grandpa’s cash lesson & saving for a rainy day

18:00 – The notebook of zeros → clear goals & boundaries

21:00 – “The doors open different” when you own the house

31:00 – Singles, friends, and Beyoncé tickets: hold the line

37:00 – Where to find Cedrick & final call to action

Host Alexa Beavers: linkedin.com/in/alexabeaverspmp

Guest Cedrick LaFleur: linkedin.com/in/cedrick-lafleur-8991541, https://www.lafleurleadershipbooks.com/

Executive Producer Jim Kanichirayil: linkedin.com/in/drjimk

Music Credit: "Lost in Dreams" by Kulakovka

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Transformation UnfilteredBy Dr. Jim Kanichirayil