8. Entrepreneur, Career & Lifestyle – Wealthsteading Podcast

Episode 470: Want to become more successful? Read Jack Spirko’s new book Laws of Life . Sign up for free ALERTs & Market Commentary at:  https://www.investablewealth.com/subscribe/ ——————————————————

Episode 464:  Last episode we discussed comparative advantage as it relates to the success of countries and corporations but the same concept applies to INDIVIDUALS.  The problem that most people have is not knowing what their comparative advantage is.  Should you pursue your passion or force yourself to get out of your comfort zone?  I believe the best path to personal success...

Episode 452:   US economy continues to grow…are you? Sign up for free ALERTs & Market Commentary at:  https://www.investablewealth.com/subscribe/ ——————————————————

Episode 433:  How to become a master craftsman in your career. Sign up for free ALERTs & Market Commentary at:  https://www.investablewealth.com/subscribe/ ——————————————————

Episode 395:  Want to improve your career satisfaction & compensation?  Ask yourself these three questions. Sign up for free ALERTs & Market Commentary at:  https://www.investablewealth.com/subscribe/ ——————————————————

Episode 349:  Don’t underestimate the value of a hobby. ——————————————————

Episode 331:  Throughout your life, you’re going to deal with people that try to stop or inhibit your progression.  Whether it’s advancement in your career, your wealth journey, or simply in your efforts to improve yourself.  I call these people “Envious Karens”; those type people that just can’t mind their own business. In this episode I give you a recent real life example of someo...

Episode 328:  Happy Independent Day as we celebrate the 7 th anniversary of the Wealthsteading Podcast.  In this episode I’ll touch on the most important Wealth Building Principles (  https://www.wealthsteading.com/category/wealth-building-principle/   ) and I’ll focus on the importance of NET WORTH and how that relates to the 1 st Wealth Building Principle (  https://www.wealthsteading.com/1   ):...

Episode 327:  Wage inflation is good for those that are productive.  That’s because inflation is price beneficial to all appreciating assets, which includes productive employees and companies.  If you’re a quality high performing employee, then you should be using the pressures of wage inflation to secure a pay raise.  But you probably won’t get it unless you ASK for it.  So make sure yo...

Episode 317:  The national debt is at astronomical levels, the deficit is larger than tax revenues, the Chinese are dumping Treasuries, the FED is creating trillions of dollars out of thin air…I’m not concerned.  The US can handle the current debt load. In this episode, I discussed the realities and the myths of the national debt.  My solution is to stop worrying about things outside of your influ...

Episode 315:  In this episode I celebrate the 6 th anniversary of the Wealthsteading Podcast with a special story about my grandfather’s remarkable life.  He was an amazing man that faced insurmountable obstacles but he never faltered.  As an immigrant, in poverty, fighting through WWI trench warfare, surviving as a prisoner of war, enduring the Great Depression…he overcame every ob...

Episode 304:  Merry Christmas, Happy Hanukkah, season’s greetings to all.  In this episode we’ll take a break from the banter of the stock market and instead reflect on a story about a man that was depressed, discouraged and that had almost lost his faith.  So for the next few minutes, sit back, open your mind and your heart and listen to the enduring story of American poet Henry Wa...

Episode 298:  In this episode I’ll discuss the paradox of conformity.  On a personal level, conformity leads to mediocrity.  But from an investor perspective, conformance to a corporate structure often produces stable and reliable long term profits. ———————————————————&#...

Episode 297:  The debate rages on about whether it’s a good idea to follow your passion- I suggest changing the paradigm.  Rather than following your passion, I suggest you work on DEVELOPING a passion.  There’s a big difference and in this episode I discuss the possibilities. ———————————————&#...

Episode 289:  Here are my thoughts on the 7 most common mistakes that people make when buying a franchise or starting a new business. ————————————————————– The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation  available at AM...

Episode 280:  Want to improve your chances of success?  Study history and observe why some people fail while others succeed. Charles Lindberg’s historic solo flight across the Atlantic is an excellent example.  Here are five reasons that I believed contributed to his success: Extensive Planning Adaptation of Technology Simplistic & Austere approach Prioritization…ability to iden...

Episode 277:  Are you working for a horrible boss or at a miserable dead-end job? Don’t despair, listen and learn from John Lasseter’s story.  Lasseter has been the creative genius at Pixar/Disney for the past 34 years. ————————————————————– The Robots are Coming: A Human&#...

Episode 275:   I don’t recommend early retirement, especially in the context of Millennials that want to retire in their 30s or 40s. I think early retirement is both Unrealistic and Undesirable. It comes down to simple math, the retirement equation is: Living Expenses = Pension + 4% Retirement Savings Most people can’t afford to retire, early or otherwise. But there’s a Wealthsteading solution, fo...

Episode 274:   I never budget. Budgeting is a plan for failure.  Optimistic biased budgets encourage people to spend what they can “afford”.  Inevitably things go awry.  Unforeseen expenses cause a deficit that usually ends up on a credit card. Stop thinking in terms of Emergency Funds…start thinking in terms of saving for an Opportunity Fund. The issue shouldn’t be about affordability.  The...

Episode 270:  Lessons about starting a business from scratch…it’s all about serving your market and creating value. ————————————————————– The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores...

Episode 268:  Want to avoid bad investments?  Learn to recognize deceitful sales practices. Want to become wealthy?  Develop an honest and sustainable sale strategy. Also in this episode- why MLPs and Bond funds might be the wrong investment for you. ————————————————————– T...

Episode 267: Happily saving $1 million while celebrating the 4th anniversary of the Wealthsteading Podcast and reviewing the 10 Wealth Building Principles. ————————————————————– The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation avai...

Episode 265:  I start this episode with a quick market review and rundown of the crisis du jour and then recommend a book for summer reading. Reminiscences of a Stock Operator is a must read classic for any serious student of investing.  It’s a quick read, narrative story that’s loosely based on the real life speculator & trader Jesse Livermore (1877-1940). Here’s my favorite Jesse Livermore q...

Episode 264:  The S&P500 is back up above its 100 day moving average.  Will it hold this time?  I think so, because the boogeyman of wage inflation seems to be held at bay. Wall Street LOVEs wage stagnation and that appears to be what we have.  We’ll cover that and more in this episode including how you can get a raise. ——————————&#82...

Episode 262:  What if you could live anywhere?  There are more restrictions than just money. ————————————————————– The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. ———...