469: David Greene’s 3 Steps to Building Wealth EVEN in a Bad Economy
11/15/23 • 36 min
Building wealth is about to become more challenging than ever before. High interest rates make many rental properties cash-flow-less, the economy could enter a recession, and many investors could lose their shirts. In times of extreme economic uncertainty, only the financially fit will be able to keep, protect, and build wealth. So, in today’s episode, we’re giving you the steps you need to not only survive but thrive in ANY economy.
Who are these steps coming from? David Greene, the waiter turned multi-million dollar property investor who is not only the industry’s leader in real estate investing but one of the most financially savvy people on the planet. When the gurus go left, David goes right, which is how he’s been able to hold on to his wealth EVEN during economic turbulence .
Today, David will go over the Pillars of Wealth (also the name of his new book) that you must start building NOW if you want your wealth to last. David even gives some rare commentary on the MOST critical thing you can do to reach financial freedom faster and make more money (hint: it’s not investing in real estate).
In This Episode We Cover
The three unignorable pillars of wealth that will make you rich
BIG shifts in the economy and what happens when this game of “musical chairs” comes to an end
When to NOT invest in real estate and whether or not 2024 is FAR riskier than before
The EASIEST way to boost your bank account WITHOUT making more money
What to do TODAY to ensure you keep your job, get raises, and grow your income
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Finance Review Guest Onboarding
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Pick Up “Pillars of Wealth” and Other Best-Selling David Greene Books
Hear David on The “BiggerPockets Real Estate” Podcast
How to Become an “Overnight” Success in 10 Short Years with David Greene
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-469
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices
Building wealth is about to become more challenging than ever before. High interest rates make many rental properties cash-flow-less, the economy could enter a recession, and many investors could lose their shirts. In times of extreme economic uncertainty, only the financially fit will be able to keep, protect, and build wealth. So, in today’s episode, we’re giving you the steps you need to not only survive but thrive in ANY economy.
Who are these steps coming from? David Greene, the waiter turned multi-million dollar property investor who is not only the industry’s leader in real estate investing but one of the most financially savvy people on the planet. When the gurus go left, David goes right, which is how he’s been able to hold on to his wealth EVEN during economic turbulence .
Today, David will go over the Pillars of Wealth (also the name of his new book) that you must start building NOW if you want your wealth to last. David even gives some rare commentary on the MOST critical thing you can do to reach financial freedom faster and make more money (hint: it’s not investing in real estate).
In This Episode We Cover
The three unignorable pillars of wealth that will make you rich
BIG shifts in the economy and what happens when this game of “musical chairs” comes to an end
When to NOT invest in real estate and whether or not 2024 is FAR riskier than before
The EASIEST way to boost your bank account WITHOUT making more money
What to do TODAY to ensure you keep your job, get raises, and grow your income
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Finance Review Guest Onboarding
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Pick Up “Pillars of Wealth” and Other Best-Selling David Greene Books
Hear David on The “BiggerPockets Real Estate” Podcast
How to Become an “Overnight” Success in 10 Short Years with David Greene
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-469
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous Episode
468: ‘Bar Rescue’ Host Jon Taffer on the “Secret Recipe” for a Successful Business
Bar Rescue host Jon Taffer has spent more than a decade finding the most disgusting, poorly-run, money-hemorrhaging bars in America and turning debt-ridden dumps into successful money-making businesses. How does he do it? In today’s show, this hospitality, restaurant, and bar legend will uncover the ONLY reason why businesses fail and the “secret recipe” for a successful entrepreneur.
And even if you don’t own a business or don’t plan on owning one, Jon drops some knowledge that cannot be missed and could turn WHATEVER you’re struggling with in life into a smooth path to success. Jon talks about the over two hundred bars and businesses he’s saved, the biggest mistake the owners are making, and how to get out of business debt if your business is in WAY too deep.
Lastly, Jon talks about what makes a successful entrepreneur and gives his most crucial advice for those who are about to launch or have plans to launch a business. Trust us, Jon’s advice could save your entire business!
In This Episode We Cover
The number one reason why businesses fail and what their owners should do NOW
Taking responsibility and why your excuses are STOPPING you from achieving your dreams
How Jon and the Bar Rescue team complete bar renovations in just thirty-six hours (seriously!)
Screaming, yelling, crying, and how Jon breaks through to failing business owners
The “secret recipe” for a successful entrepreneur and Jon’s biggest piece of advice in 2024
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Finance Review Guest Onboarding
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
The Main Reason Most Businesses Fail and How to Avoid It
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-468
Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected]
Learn more about your ad choices. Visit megaphone.fm/adchoices
Next Episode
470: Make an Extra $100/Day with These Work-From-Home Side Hustles
Want to know how to make $100 a day the easy way? We’ve got the queen of side hustles, Jackie Mitchell, on the show to share the most legit, low-effort, flexible side hustles you can try today to start making money tomorrow. Jackie challenged herself to make $100 per day for the next 100 days as she and her husband work to save up a down paymentfor their first house. She’s documented her entire journey on social media to show the side hustles that are (and aren’t) worth the work.
From study groups to surveys, meal-prepping for others, training AI chatbots, and playing piano at events, Jackie has tried dozens of different side hustles so you don’t have to. In today’s show, she shares the best side hustles where you can make up to thirty dollars an hour working entirely from home, the side hustles that trick you into thinking you’re making more money, and how you could start making THOUSANDS more a month while working a few hours extra every day.
If you’re trying to save up for a down payment like Jackie, ditch some debt, or want a little extra in the bank, these side hustles could be your first step toward financial freedom. Stick around because Jackie will tell you which side hustles could boost your bank account!
In This Episode We Cover
How to make an extra $100 per day with simple side hustles that DON’T require experience
The one side hustle Jackie comes back to that offers consistent work and high pay
Which side hustles are NOT worth the money and take FAR longer than you think
Taxes, 1099s, and how to keep track of your income and expenses when making extra money
“Body mirroring” and how Jackie stays super efficient when doing side work
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Finance Review Guest Onboarding
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
Food Spending Eating Away at Your FI Plans? Here’s How to Eat for Cheap
The Most Efficient Path to Financial Freedom With Justin From Saving Sherpa
Taking Command of Your Finances by Understanding (& Controlling) Money with Joe Saul-Sehy
Side Hustle Websites from This Show
Click here to check the full show notes:
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