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What does it mean to be Self Unemployed | Self Unemployed Podcast
🔴 Join us Live! Click Here
📈 Learn to invest in property: Click Here
Summary
The conversation is the first episode of the Self-Unemployed Podcast, where Colin and Drew discuss the concept of being self-unemployed and achieving financial independence.
They explain the four phases of wealth:
- Stopping money from working against you,
They emphasize the importance of financial literacy and education, and the need to find purpose beyond just making money. They also touch on the FIRE movement and the importance of balancing saving and enjoying life. Phase three of building wealth involves taking risks and continuously educating oneself. It is important to be cautious of the quality of education available, as some courses may not have your best interests aligned. Phase four focuses on protecting your wealth and finding your purpose. Good debt, such as a mortgage or borrowing to start a business, can be beneficial, but it's crucial to reduce leverage and maintain financial safety. In phase four, it's essential to contribute to society and find ways to make a positive impact.
Manifesting goals can be powerful, but it's important to take actionable steps towards them. Setbacks and failures are learning opportunities that contribute to growth and success. Colin discusses his journey from working in the film industry to starting his own YouTube channels and teaching English. He then explains how he got into property investing and the strategies he uses, such as buy-refurbish-rent-refinance (BRR). Drew shares his own background in graphic design and TV/film, and how he transitioned into property investing. They both highlight the importance of networking and the supportive community they found through the Samuel Leeds Academy. They also discuss the misconceptions about being a landlord and the value they bring to the housing market.
Takeaways
Being self-unemployed means achieving financial independence and not relying on selling your time for money.
The four phases of wealth are: stopping money from working against you, starting money working for you, building wealth through education and risk-taking, and protecting your wealth.
Subscribe for more episode and tips on becoming Self Unemployed.
View all episodes
By selfunemployedpodcast🔴 Join us Live! Click Here
📈 Learn to invest in property: Click Here
Summary
The conversation is the first episode of the Self-Unemployed Podcast, where Colin and Drew discuss the concept of being self-unemployed and achieving financial independence.
They explain the four phases of wealth:
- Stopping money from working against you,
They emphasize the importance of financial literacy and education, and the need to find purpose beyond just making money. They also touch on the FIRE movement and the importance of balancing saving and enjoying life. Phase three of building wealth involves taking risks and continuously educating oneself. It is important to be cautious of the quality of education available, as some courses may not have your best interests aligned. Phase four focuses on protecting your wealth and finding your purpose. Good debt, such as a mortgage or borrowing to start a business, can be beneficial, but it's crucial to reduce leverage and maintain financial safety. In phase four, it's essential to contribute to society and find ways to make a positive impact.
Manifesting goals can be powerful, but it's important to take actionable steps towards them. Setbacks and failures are learning opportunities that contribute to growth and success. Colin discusses his journey from working in the film industry to starting his own YouTube channels and teaching English. He then explains how he got into property investing and the strategies he uses, such as buy-refurbish-rent-refinance (BRR). Drew shares his own background in graphic design and TV/film, and how he transitioned into property investing. They both highlight the importance of networking and the supportive community they found through the Samuel Leeds Academy. They also discuss the misconceptions about being a landlord and the value they bring to the housing market.
Takeaways
Being self-unemployed means achieving financial independence and not relying on selling your time for money.
The four phases of wealth are: stopping money from working against you, starting money working for you, building wealth through education and risk-taking, and protecting your wealth.
Subscribe for more episode and tips on becoming Self Unemployed.