We’ve all been coached before. In school, at work, or on a team. Coaching is a part of how we get others to get something done. In this episode of the Coaching Call with Sifu Rafael, Paul shares his experiences and knowledge. He specializes in helping entrepreneurs in different industries fix their finances. Coaching the audience on the road to financial freedom.
In this Podcast episode, Paul talks about
In This Episode (Helping Entrepreneurs Fix Their Finances):
- Paul’s favorite subject: Money.
- It’s not money that’s evil, it’s people.
- At 12 years old, Paul realized many things and figured out that he doesn’t want to be a money disaster.
- Paul tells us why cash flow is important because a lot of people don’t understand what cash flow really is.
- The advice Paul gives to those who are looking into starting a business so you’ll succeed.
- You have to develop winning money habits because your habits define you.
Important Quotes:
“We’re programmed the wrong way. All of us grew up thinking that we can’t afford that, rich people suck, money is evil, and all that BS. We’re all taught that it gives us limited beliefs. It really messes us up and holds us back for a long time until we figure it out and we’re usually too old to do anything about it.”
“Increase your cash flow, range your prices, arrange your down-payments, monthly payments. You got the money coming in, you bring it up. You got to learn to take money out of your business.”
“Even if you’re scared of the stock market, always start an emergency fund for your business.”
“The big problem with the world is that the people think that they need more money but they need more time. As soon as you start investing, the less money you need for it to grow because of the compound interest.”
“You got to figure out the rules to retirement, the rules to be able to enjoy life. Don’t let someone else dictate it for you.”
“Your habits define you and you have to develop winning money habits. The same thing you do with martial arts, you have to make a habit of going to class, listening to your coach, stretching, and doing everything you need to do. As a result, these winning habits become addictive.”
Check out even more podcast interviews with Paul HERE