How I Built a Business That Gave Me Time & Financial Freedom

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Content provided by The Rich Dad Company and The Rich Dad Media Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Rich Dad Company and The Rich Dad Media Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

8d ago 14:23

MP3•Episode home

Entrepreneurship is supposed to bring freedom—but too often, it does the opposite. In this episode, I dive into how I built a business that let me live on my terms. From learning to sail to getting my MBA and being fully present with my kids, I structured my company differently. I share the biggest mistake I made (not scaling fast enough) and the real reason most entrepreneurs get stuck. Plus, I break down the systems, mindset shifts, and strategies that helped me avoid the self-employed trap and truly own a business—not just a job.
📌 Key Takeaways
✅ Most entrepreneurs just trade a 9-to-5 for a 24/7 grind. Freedom requires intentional business design.
✅ Think like a business owner from day one. Structure your company to function without you.
✅ Premium customers = fewer headaches. Stop competing on price and attract buyers who value quality.
✅ Systemize everything. Email-based customer support, automated responses, and predefined contacts reduce friction.
✅ Don’t wait to scale. If your offer is working, double down—before someone else does.
✅ Know your numbers. Customer acquisition cost (CAC) vs. lifetime value (LTV) can make or break you.
✅ An abundance mindset wins. Collaboration is more powerful than competition.
📌 Chapters
00:02 – The freedom trap: Why entrepreneurs stay stuck
01:28 – How I built a business that worked for me
02:51 – The cashflow quadrant: From self-employed to business owner
03:42 – Designing a business for lifestyle freedom
05:51 – Why I set up my business to look bigger than it was
08:21 – The cha-ching moment: Celebrating wins with my family
10:38 – My biggest mistake: Not scaling fast enough
12:55 – Understanding CAC vs. LTV: Why I left money on the table
14:58 – The power of mentorship and networking
16:02 – What’s next: The biggest lessons I learned the hard way

578 episodes