In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, delves into the truth about debt and the mindset surrounding wealth. He explains that while debt can be a powerful tool, traditional school systems often cultivate a broke mindset by enforcing restrictive rules. Lloyd emphasizes the importance of breaking certain rules to achieve financial success and highlights the difference between being broke and being poor. He advocates for the necessity of multiple streams of income, explaining how diversification fortifies financial stability, especially in the face of changing business seasons. Tune in as Lloyd provides valuable insights and strategies to help listeners transform their money mindset and gain control over their financial futures.

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Timestamps

[00:00:00] Introduction

[00:01:14] Multiple streams of income.

[00:04:54] Dumbest investment stories.

[00:08:36] Poor money mindset and advice.

[00:10:05] School systems and wealth mindset.

[00:13:02] Building wealth mindset transformation.