In this episode of Flow Working The Entrepreneur’s Podcast, Megan Anderson had an intriguing conversation with financial consultant Paul Halme about making a passive income without the side hustle, shifting your mindset around money, and the simplest way to start business savings today. Now, Paul works with other entrepreneurs because he wants to help others learn the easy-to-build wealth tools of the rich.
As a former stock broker, Paul knows all the ins and outs of how money works and how the rich use money to grow more money, but it wasn’t always this way for him. So growing up, he too had the middle-class mindset that there is never enough money. His journey into jiu-jitsu ultimately changed his mind about money because of who he was around.
Flow Working The Entrepreneur’s Podcast
Check the episode out HERE
In This Episode (Start Business Savings):
- Making passive income without the side hustle
- Shifting mindset around money
- Growing cash inside your business
- Practical ways to build that passive income
- The easiest way to start the first step in an investment
- How limiting beliefs are getting in the way of actually finding the money
- What are some of the top categories that people overspend or could totally eliminate in their businesses to actually find hidden cash that’s just sitting around?
Important Quotes:
“The most practical way, if you’re really focused on growing your business or you’re a solopreneur and you’re working hard, is you got to start taking money out of your business and putting it into investments. Just the most basic things.”
“We need to talk and teach our kids differently about money.”
“I’m not a big fan of the one where people say oh you can’t have Starbucks anymore, you can’t enjoy life. If coffee makes you happy, go drink coffee then find something else to cut out that doesn’t make you happy.”
How you think and feel about money is only one piece of the wealth growing equation. The actions you take today are just as important to where your wealth will be in the future.
Check out even more podcast interviews with Paul HERE