Episode 23: Why Working Harder Is Keeping You Broke (Do This Instead)
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Are you trapped in the hustle, thinking that working harder will lead to wealth? In this episode, Rich Lennon challenges the widely held notion that working harder is the key to financial freedom. Instead, he reveals why working smarter is the true key to building lasting wealth. With insights into return rates, he explains how to leverage more innovative financial strategies to grow your wealth while maintaining time freedom. If you’re tired of burnout and struggling to break through your financial ceiling, this episode will show you a more efficient, profitable way to build wealth.
You’ll learn how to:
- Shift from a hard work mindset to more innovative wealth-building strategies
- Understand return percentages and their impact on long-term wealth
- Explore fractionalized lending as a way to maximize returns
- Build a sustainable wealth-building strategy without burnout
- Leverage money lending for consistent, high returns on your investments
What You’ll Learn in This Episode
(00:32 - 00:41) Understand why working harder doesn’t lead to wealth building
(01:00 - 01:36) Learn how McDonald’s job taught the host valuable lessons on time
(02:01 - 02:11) Discover how hard work led to a real estate career
(03:43 - 03:59) Real estate success, but it wasn’t enough for true freedom
(04:22 - 05:28) The 2020 turning point and the realization about work-life balance
(06:01 - 06:14) Understand the 4% return from investing and how it works
(08:12 - 09:28) Learn about 8% returns with financial planners and stock markets
(10:42 - 10:58) The next step in growing wealth with 20% returns from lending
(12:04 - 12:20) How fractionalized lending can provide up to 50% returns
(13:57 - 16:33) Learn why the 200% return on hard work is unsustainable
(17:05 - 18:34) The role of education in scaling your wealth efficiently
Who This Episode is For:
- Entrepreneurs and investors looking for smarter, scalable wealth-building methods
- Business owners are tired of the hustle culture and seeking financial freedom
- Individuals who want to understand how to grow wealth with less effort
Why You Should Listen:
This episode will help you stop trading time for money and teach you how to grow wealth more efficiently. Learn how to stop being stuck in the cycle of working harder and start using more innovative strategies to build lasting financial success without sacrificing your time and energy.
Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/#
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