Manage episode 374809724 series 2516284
You don't need to wait 20 or 30 years to get financial freedom from retirement or a pension plan. Today in 3-5 years you can grow and sell a business that will set you up for life. But while entrepreneurs are great at making money, they aren't always great at growing it exponentially over decades.
That's where Sam Prentice comes in. Sam talks about achieving Security, Liquidity, and Cashflow in what he calls a "wealth pyramid" by using smart strategies that will keep your money safe while funding your lifestyle.
If Ryan had known what they share in this podcast while he was building his business he says he would have paid way less in taxes, had a way more secure future, and he would have had way passive income from the way he invested after selling his brand.
No matter where you are at in your journey, this is one you won't want to miss!
To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at:
(0:00) - Intro
(0:40) - Ryan Introduction
(3:20) - Ryan interviews Sam Prentice
(5:00) - How Sam & Ryan Became Business Partners
(6:45) - The Main Challenge Entrepreneurs Have Investing
(8:20) - The Wealth Pyramid Explained
(14:50) - How To Grow Wealth And Stay Liquid
(16:50) - Why Liquidity Is So Important
(21:15) - Cashflow Explained
(28:10) - The Psychology Of Wealth And Cashflow
(36:10) - When To Diversify vs. When To Concentrate
(41:15) - The Capitalism Fund Explained
(49:50) - Example: How To Invest After A $2M Exit