What is a powerful money mindset? A powerful money mindset is having a good financial plan. So that when things go bad, you can always bounce back.

You need to have a powerful money mindset and be around successful and positive people who will support you. It’s so easy to be negative if you’re surrounded by people with a negative mindset.

Being an entrepreneur, you do a lot of self-talk. You have to convince yourself that you can do it. There are so many ups and downs in entrepreneurship. Challenging situations that you have to deal with every day. It may not be as easy as it looks; so you have to take advantage of anything that’s good.

Check the episode out HERE.

Powerful Money Mindset:

• How Paul started entrepreneurship
• Keeping a positive mindset
• Always have an emergency fund for your business
• Being an entrepreneur and doing self-talk
• Trading vs Investing
• How important is communicating about money with your partner

Important Quotes:

“When you’re powering through it, you keep making tough decisions. Keep going. When things start getting better, you take that time and look at the things that you could have done better and things you did wrong and fix it.”

“Being an investor is less stressful. Trading all the time is exhausting.”

“If you want money, you have to talk positive about money and change your vocabulary.”

“So many ups and downs, so many tests. Took forever to get off the ground. Did everything wrong the first year or two that I finally started working with coaches and consultants. I realized that this made things easier and faster.“

“It’s not as easy as it looks, so you got to make sure that you take advantage of the good stuff because there will be down stuff that you’ll deal with.“

Check out even more podcast interviews with Paul HERE