Resources Mentioned:
- Rich Dad Poor Dad
- Million Next Door
Show Notes:
0:41 Jimmy J Tran Introduces himself
1:13 Jimmy talks about his LinkedIn Article "I Got laid off and I'm done sugar coating it!"
1:40 Jimmy talk about his Vietnamese roots
2:!5 Jimmy talks about his education
3:04 Jimmy talks about his early career in Strategy Consulting
4:50 Jimmy talks about Graduate School and moving to an in-house consulting role
4:42 Jimmy talks about getting laid off on April 30th
5:30 Jimmy talks about the significance of the date he got laid off in history
6:20 We talk about "doing more" and how that looks for Jimmy
9:30 Jimmy talks about how doing more has led to a pre-existing Plan-B
10:12 Financial Independence and the FIRE movement
15:40 Let's talk about the journey to reinvent yourself
18:15 Opening his first broker account at 16 years old
19:20 Following his dad around as he buys foreclosures
22:00 Talking about mentorship and people who have inspired Jimmy
23:30 It's Not just big icons, but also the people who are around me
24:10 How would you guide and advise someone just starting to go down the FIRE path?
25:55 Compounding interest is the 8th wonder of the world
28:08 Talking about the lack of financial education in the US Education system
29:21 Does anyone out there have financial literacy figured out?
31:14 What's next for Jimmy? What are your next steps?
31:32 Highest and Best Use for my time and family life
32:33 Investing and growing his investment company Oaklawn Investments LLC
33:13 Starting a small business via franchise license for Code Ninja
34:03 Civic Involvement is also a big driver
34:28 A key observation Jimmy make around FIRE opportunities
35:38 Talking about the risk of entrepreneurship or going out and trying something new.
36:08 Don't put all your eggs in one basket
36:55 What was the last thing Jimmy bought on Amazon?
37:23 Getting a hold of Jimmy
38:18 Closing