The Three Secrets of the Wealthy – in Just 7 Minutes with Rennie Gabriel

Related Links and Resources:

I've got a thousand dollars’ worth of free business building tools, two-sentence script which is a fabulous way to get referrals, instant cash creations, excel sheet on how to find more of their best clients, and all they need to do is go to www.WealthOnAnyIncome.com/tools4. They can have all that stuffs. One of the important things is my 3-way summary of my award-winning bestselling book along with the forms that 'wealthiest people in the world' use.

Summary:

Rennie Gabriel is a TEDx speaker and the author of the award winning, best-selling “Wealth On Any Income.” After two divorces and a business failure he was flat broke at age 50 and started all over from scratch.

After learning what was NOT taught from all his financial education, he became a multi-millionaire in just a few years. He has helped thousands of people avoid the financial downward spiral. Vulnerable, blunt, controversial and funny, Rennie is the ideal guest for your program.

Here are the highlights of this episode:

2:00 Rennie’s ideal Client: I would define them as heart-centered business owners & entrepreneurs between the ages of 40 to 75. They might have income as low as 60,000USD a year to 900,000 a year or more.

2:20 Problem Rennie helps solve: Ending the cycle of where the money is coming in and the money's going out. And they aren't creating the level of reserves that they want. When they look down the road, they're not sure if they're creating a strong future where they could choose to work instead of having to work. And they don't feel like they're able to donate to the causes that touch their heart.

3:00 Typical symptoms that clients do before reaching out to Rennie: The feeling is like they're just treading water; they have stress when they're trying to meet payroll, they maybe building reserves but then they see them getting depleted, and it's kind of a rollercoaster existence.

3:27 What are some of the common mistakes that folks make before finding Rennie and his solution: It's funny because I'd completed a book with that; I have a hand out and I send out emails. And I called them the dangerous myths. These are the false beliefs that people buy into, they think that if they just make more money, then things are all going to work out. It's like believing more liquor will solve the problem with an alcoholic. Doesn't work that way. They think that they need to pay off their credit cards or other debts, before they begin an investment program. And the number shows that it just doesn't work out either. They might think it's ok to waste small amounts of money or they don't think that it's important to track their spending. And they have no idea if they're spending in alignment with what their financial goals are.

But I'm going to give you an example; John D. Rockefeller, who's one of the wealthiest men in the world track every penny of his income and expenses while he was alive. He actually had hand ledgers for this. People think that they need good credit to make real estate investments, that's not true either. And I will say the 5th myth, is that many business owners think that they can do it by themselves, but the most successful business owners or businesses have at least two founders, a vision master and an execution master.

5:14 Rennie’s Valuable Free Action (VFA): I would say it's a secret that's 5,000 years old and it will still be working when you and I are dust, and it comes from the book 'The richest man in Babylon', and that is to treat themselves like they matter. And the way they do that is that they pay themselves 10% of every dollar that comes in. They pay themselves first, before they pay anything else. They put in a savings account, and as that savings accounts builds up, then they make investments from that, and it's the essence of money that they're going to keep for the rest of their life.

6:08 Rennie’s Valuable Free Resource (VFR): I've got a thousand dollars’ worth of free business building tools, two-sentence script which is a fabulous way to get referrals, instant cash creations, excel sheet on how to find more of their best clients, and all they need to do is go to WealthOnAnyIncome.com/tools4. They can have all that stuffs. One of the important things is my 3-way summary of my award-winning bestselling book along with the forms that 'wealthiest people in the world' use.

7:27 Is it too late to start? I get that from a lot of folks because they may be in their 60s or 70s when we meet, and the answer is IT'S NEVER TOO LATE TO START. I started over age 50 and that was young compared to some people. We look at Colonel Sanders who started when he was 65, we got Grandma Moses who started in her 70s, so it's never too late.

Why is it that people have this notion that it is too late? It's probably because of the technology moguls that has been created like Mark Zuckerberg, these folks from Google.. these are kids who became billionaires and they figured "oh, if I don't start then, it will be too late" but no, they are the outliers. The best time was 20 years ago, the best time is today.