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Big Leaps of Big Money: The Mindset of Wealth

September 13, 2023

I've got a juicy new episode today I know you're going to love.

Gay and I have an honest conversation about the biggest money mistakes we've made over our careers, and some of our biggest wins and lessons learned.

I confess some horrendous investments I made early in my career that lost half my investment and Gay shares how a stupid fear and mistake cost him $10 million (yep, you read that right) in potential gains on an early Tesla investment.

We also share what we'd do differently if we had to start over today. Here are a few key points:

  • Invest in YOUR genius first – the ROI will be huge
  • Surround yourself with superstar mentors and coaches (I still invest ~$250K a year in my own coaching!)
  • Create “unfair advantage” through your network and personal brand
  • Play the long game – have patience and discipline

We get super honest about family money dynamics, like trying to “coach” our own kids. Let's just say hiring and firing your own offspring is…complicated!

Whether you're new to investing or an old pro, I think you'll find this episode motivating, insightful and entertaining. Have a listen and let me know your key takeaways!

LISTEN + SUBSCRIBE TO THE EPISODE HERE

Key Takeaways

  • (03:37) Gay’s first Big Leap into investing
  • (06:23) The three traditional ways to invest
  • (16:31) Jackie Kennedy and a colossally dumb stock market mistake
  • (21:59) Never outsource your money movement
  • (27:00) How to invest in your own genius
  • (45:01) What does it take to get to a wealth mentality?

Additional Resources

For more episodes, search “The Big Leap” on your favorite podcast app!

See you on the inside!

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Founder of Strategic Coach®

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