In this episode, Lloyd James Ross dives deep into the common mindset that prevents individuals from building wealth, highlighting the difference between hoarding money and making it work for you. He discusses the impact of fear surrounding money, especially during times of economic uncertainty, and how it can paralyze potential investors. Lloyd introduces the concept of a "fun account," encouraging listeners to allocate money for the purpose of exploring investment opportunities without the pressure of immediate returns. He reveals that many people, even those with high incomes, suffer from a limiting mindset that keeps them stuck and under-earning. By unpacking these beliefs and offering strategies for change, Lloyd empowers listeners to take control of their financial future and achieve true financial freedom. Join us to learn how to break free from old money habits and start growing your wealth today!
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Timestamps
[00:00:00] Introduction
[00:01:03] The fear of money.
[00:04:46] Scarcity money mindset.
[00:09:01] Scarcity money mindset solutions.
[00:11:16] Outsourcing for wealth building.