Summary: Wisdom and wealth 2022–experience, knowledge, and good judgement to make good decisions–is the foundation for building wealth. The purpose of wealth is to have the necessary freedom to live our fullest and best life. Kevin Baker was encouraged by mentor Doris Zelinsky to move beyond working for others, into always having an equity stake in order to grow wealthy. Truly wealthy people own assets that compound and can be sold to generate large sources of income. In this session, learn wisdom principles to develop the mindset of how people with wealth think, work, and live.
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In this episode you will learn about wisdom and wealth in 2022:
- You Inc. means you will not grow wealthy by working for others.
- Long term relationships are key to wealth building.
- Three keys to wealth that must be present in long term wealth relationships.
- Integrity signals.
- Avoid pessimistic cynics!
Mentioned in this podcast: Warren Buffet, Naval Ravikant, Charlie Munger, Mark Twain, Maria Popova.
The Peak of Potential Podcast is a media publication of Kevin Baker Consulting, an Australian media and consulting group with offices in Sydney.
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