Episode 60: Todd Tresidder on Financial Independence
Double Your Freelancing Podcast
English - September 12, 2016 10:00 - 47 minutes - 44.2 MB - ★★★★★ - 76 ratingsBusiness Technology freelance freelancing consulting clients sales marketing agency agencies web development web design Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
My guest today is Todd Tresidder, a former hedge fund manager and founder of FinancialMentor.com. He is a personal finance and investing expert coach who teaches how to grow wealth and reach financial independence. He emphasizes the importance of personal development and fulfillment in attaining the goal of financial freedom.
A self-made millionaire himself, Todd’s FinancialMentor.com programs provide a step-by-step blueprint for building wealth. Visit Todd at FinancialMentor.com for free resources, courses, financial coaching and advice.
Today’s topics include:
Conceptualizing the importance of retirement and making it a priority
The journey to financial freedom as a freelancer
Controlling expenses is important, but increasing your income is less limited
Adding value to yourself by being a revenue increaser, not an expense to your client
The goal is not just to be rich but to experience fulfillment and happiness
The Rule of 300/400: For every $1000/month you spend it takes $300,000-$400,000 dollars in assets to support that
The three classes of assets: business entrepreneurship, real estate, and stocks/bond/mutual funds
Building passive assets as revenue streams
Growing equity slowly instead of “getting rich quick”
Formula for wealth: Make more than you spend, and invest the difference wisely
People will pay for one thing, which is a solution to their problem.
Formula for business: traffic x conversions = profit
Resources and links:
How to Design Your Life to Create Financial Independence
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