Breakaway Wealth: Episode 8 – The biggest moments of growth in our lives come from pain. Why is pain so much more powerful than pleasure when it comes to creating change and real progress? Why is motivation a habit? What actions can we take to turn the direction of our money and get it to work in our favor? On this episode, entrepreneur and author, Todd Fleming, talks about how he broke away from the system and shares the amazing ventures he’s working on.
“The result of adopting pain and discomfort is actually comfort.” -Todd Fleming
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Three Things We Learned from this Episode
- The two tiers of consequence
There are two types of consequences. When you adopt pain and discomfort, the result is comfort. When we go to the gym or take on the discomfort of investing and doing the right things with money, it eventually leads to comfort. When you do things that are comfortable in the moment, the result is discomfort in the long-term.
- Why financial freedom is 100% a choice
Financial freedom is something we can decide for ourselves. It doesn’t have to be forced on us. It’s simply a matter of following a financial blueprint and committing to it. If we follow the steps, we can have financial freedom in a few years.
- The truth about motivation
Motivation is not something you wait for. It’s something you have to adopt and work to make a habit. It’s not just about doing the bare minimum of making it a habit for 21 days, but to keep it going for 90 days so that the habit becomes ingrained in us.
Financial freedom is a choice we all have to make for ourselves, and it’s never too late or too early to do it. The first key we have to understand is paying ourselves so that we have money to build a foundation with. It’s also important for us to understand the true value of the things we buy. We have to reduce the things we buy that have a value that goes down to zero and hold close to things that stay as close to their original value as possible.
Todd Fleming is an entrepreneur, real estate investor, author of If You Can’t Wholesale After This: I’ve Got Nothing For You and upcoming book If You Can’t Cash Flow After This: I’ve Got Nothing For You. He is the co-founder of The Kingdom Real Estate, a coaching organization, and host of Power of Finance. Go to https://thekingdomrealestate.com/ for more information, and find his books on Amazon. Follow him on Instagram https://www.instagram.com/todd_m_fleming/ or find his podcast on https://poweroffinance.com and https://toddmfleming.com.