In this episode, we get creative about:
Learning from failure and success.
Whether or not we think you need college in order to have financial literacy.
How Jeff has lost large amounts of money, and how he has been able to rebuild and create the successful business he has now.
Resources + Links:
Follow Jeff on Instagram | @jefftomasulo
Find more resources on Jeff’s website
https://www.tacticalincome.com/
Subscribe to Tactical Income on YouTube
https://www.youtube.com/channel/UCJoE4t5pMsAEkphL0wtSrxA
Tag us on Instagram with a takeaway from this episode!
Follow Jesse on Instagram | @thejessemills
Text TIPS to 612-662-6629 for more cash flow tips like this!
Learn more ways to create cash flow on Jesse’s website
https://www.thejessemills.com/home
Subscribe to The Creative Cash Flow Show on Youtube
Show Notes:
Wall Street, Billionaires, Rock Bottom, and building a life where you can buy back time! This episode is full of stories of all of the above! I’m excited to share this conversation with Jeff Tomasulo! Jeff shares how he went from bartender, to getting his first job as an assistant trader at Wall Street, doubling his yearly salary with a single bonus. Jeff tells a handful of personal stories which are full of lessons from the importance of relationships to his knowledge of investing. We all need money, that is a fact. Sadly most people, if they don’t intentionally seek it out, won’t get an education in financial literacy! Tune in for some insight into how Jeff dove into learning financial literacy, and how he’s applied it to build wealth!
02:50 Seeing the full pictures of the ups and downs of building a career and business.
05:30 How time freedom gives you the flexibility to roll with the punches.
08:40 What led you to become a hedge fund manager?
12:00 How did you learn financial literacy?
15:15 Going from bartender to assistant trader on Wall Street.
18:40 The power of being hungry to learn.
21:15 What gave you the confidence to take risks and bet on yourself?
25:00 How I lost 8 figures, when I stopped investing in what I knew best.
28:45 Hitting rock bottom, and being faced with the need to make a big decision.
34:30 How have you learned from analyzing failures and successes?
41:00 What, and who, do you need in place to succeed?48:15 The importance of understanding the different asset classes.
52:30 Are you studying other investments the same way you search for a car?
56:40 We all need money, we need to understand it.
01:01:30 The power of learning from people who have the life you want to create.
01:09:00 How have you pushed past limiting beliefs?
01:22:15 How can I diversify my investments?
01:25:00 How to learn investment strategies.
01:29:50 The commonalities Jeff see’s in his wealthy clients.
01:32:00 How do you buy back time?