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In this episode, Michael guides you through the obstacles you will face on the path to your success!
Michael dives into the keys of living a life that is planned for success. His friend, Raymond Harris, a world renowned architect joins to share valuable insight into living a life of true success.
02:26 - Motivation: If you don't create intentional times to shut everything off and just think, you're going to miss out on the incredible creative power of your mind, the fuel for your future success.
13:10 - Steps to a Successful Retirement
25:23 - Organizing Your Estate
31:41 - Michell Howard - Living Learning Libraries
45:04 - Cyrus Wall - Why Classic Books are Important to Kids' Success and How Gaming Can Impact Our Empathy.
Resources Mentioned:
Varsity Internship Program - BestSummerInternship.com
Topics Covered in this Episode
03:00 - Motivation: Tailored Advice for Your Success
11:44 - Finances: The World Cup's Impact on Financial Forecasts
25:48 - Off The Wall: 49th Anniversary of the Moon Landing
36:26 - Guest: Bob Goldfarb, a Personal Styling Concierge on the Value of Personal Services.
Connect with Michael Wall at:
MichaelWallShow.com - Previous Show Episodes
LeanOnTheWall.com - Private Wealth Management
Facebook - Get more tips from Michael
00:59 - Place of Hope and Operation Underground Railroad
04:30 - Servant Leadership and the Process of Success
15:23 - Are You in Love With Stocks?
29:23 - Understanding the Phases of Your Financial Life
37:53 - Marianne Lentini - Owner of a Private Investigation Firm - How to Protect Yourself.
What a Car Wash Can Teach You About Success
If you’ve ever driven your car into one of those automated car washes, you know you have to align your left front wheel with the tracks in order to get into the car wash. This is part of the system in place to get your car clean. If you don’t follow the system, you won’t get the results you’re looking to achieve.
The same thing happens in life. Sometimes we don’t get the results we want if we don’t follow a system. If we don’t align with the system in place, we’ll never get the results we want.
There’s even a roller in place that moves your car through at the optimum speed so your car gets as clean as possible. Engineers have put systems into place to reduce the potential room for human error. If you drive yourself through the carwash, you may go too fast or even too slow.
You have to earn leadership. You don’t get out of college with a degree in leadership. College grads have a license to learn and experience what they need to eventually be leaders in their field.
There Are Two Types of Pride
Unhealthy Pride - This is when you feel you don’t need any help to get where you want to be in life. You’re prideful and uncoachable. This is unhealthy and will ultimately keep you from your goals.
Healthy PRIDE - Personal Responsibility in Daily Endeavours
This is when you humble yourself and line up BEHIND someone else who can guide you towards your goals.
Don’t Fall in Love With A Stock
Make sure you don’t attach any sentimental value to the stocks you own. This often happens when you’ve inherited a stock portfolio and you are hesitant to let it go because your loved one purchased it years ago.
Sometimes we do this on our own without even inheriting the stocks. We will buy a stock, watch it grow and when it begins to stumble, we’ll hesitate to make a logical decision to let that stock go. Don’t fall in love with your stocks.
Dive deeper into this topic at 17:47
Help pull 24 million children out of slavery
Operation Underground Railroad
http://OURFilm.org
Place of Hope
http://PlaceOfHome.org
Get A Free #LiveWithPurpose Shirt when you make a donation to either of these organizations. Just go MichaelWallShow.com and let me know you gave and I’ll send you a shirt for free.
Understanding the Phases of Your Financial Life
It’s vital for your financial well-being to understand the two major phases of your financial life. Each one requires a different strategy and provides you with different expectations. The two major phases are:
Building and Growth
In this phase, it's all about doing what you can to grow your retirement portfolio as best you can. That means most people are willing to take a little higher risk in order to see a potentially higher return. But you must still have caution in this phase or you risk going backward.
Retirement Phase
This isn’t about sitting in a rocking chair and doing nothing, it’s more about having the freedom to do as you choose. Most high-achievers have no desire to retire and this phase is really is about giving you the freedom to pursue different goals than the ones you had during the Building and Growth Phase.
The Three Ways The Stock Market Can Go
Most people think stocks will either go up or go down. But, there’s also the possibility for those stocks to go sideways. In fact there are been periods of several years where the stock market has gone sideways. It’s important you understand
Questions to Ask Yourself
Interview with Marianne Lentini - Evidence Investigations, Inc.
Marianne is a woman pioneer in a field which wasn’t very friendly to women when she first started.
Find out more about her experience in the Private Investigations field by going to:
https://evidencepi.com/
02:20 - Motivation: Enthusiasm is Contagious
11:22 - Tax Tips from Cosmo Kramer
27:59 - Guest: James P. Friel
44:14 - Little Mistakes: Huge Problems
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