1. EachPod

The Best Lifestyle Business...

Author
Ron Escoffery
Published
Thu 14 Jan 2021
Episode Link
https://the-african-american-business-owner-building-true-wealth.simplecast.com/episodes/the-best-lifestyle-business-2yUaEmK9

Topics Covered:

  • As business owners, we must decide what kind of future we want. [1:17]
  • This is a good time to start becoming a lifestyle entrepreneur. [2:14]
  • Sometimes, we still live paycheck to paycheck. [3:00]
  • Look at yourself before your business. [3:45]
  • We’re working on our future lives. [4:43]
  • Avoid get-rich-quick schemes. [5:27]
  • Look at what worked for you in 2020. [6:04]
  • Be careful when deciding the type of business you will establish. [6:58]
  • Do you have consistent cash flow? [7:55]
  • Real estate is a good way of starting out. [8:51]
  • Take a look at adding real estate to your portfolio. [9:48]
  • Real estate investments really helped me. [11:15]
  • Where does the money for all these big apartment buildings come from? [12:34]
  • How much return have you had on your 41K/IRA? [13:30]
  • You are worried about your retirement. [15:27]
  • Adding real estate to your portfolio is a wise decision. [16:19]
  • Don’t do the same things and expect different results. [17:20]
  • Closing remarks [20:00]

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