Listen "#257 - The Mindset Shift That Made Him Financially Free By 23"
Episode Synopsis
In this episode, host Lloyd James Ross welcomes back his friend and business partner, Morgan T. Nelson, to discuss the journey towards financial freedom and the mindset needed to overcome impostor syndrome. They dive into the importance of recognizing opportunities that match your skill set and the significance of taking action to achieve financial success. Lloyd shares his experience as a seven-figure investor and entrepreneur, providing listeners with valuable strategies to break free from old money habits and take control of their wealth. Tune in for an inspiring conversation filled with practical advice and insights on making your money work for you.Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.comFollow Morgan:https://www.instagram.com/morgantnelson/Follow Lloyd:https://www.instagram.com/lloydjamesross/?hl=enhttps://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=auhttps://www.facebook.com/5stepstomillions/https://www.tiktok.com/@lloydjrosshttps://x.com/lloydjamesrossTimestamps[00:00:00] Introduction[00:02:09] Career development and life choices.[00:04:36] Awareness and life choices.[00:07:19] Goal setting and freedom.[00:09:13] Philosophy drives action success.[00:14:28] Imposter syndrome and money beliefs.[00:16:20] Nervous system and mindset coexist.[00:20:13] The bystander effect explained.[00:22:10] Environment's impact on personal growth.[00:25:26] Bystander effect and group conformity.[00:28:19] Authority bias and obedience.[00:31:38] Mentorship and knowledge sharing.[00:36:20] Developing people through events.[00:40:14] Living in a world of color.[00:41:15] Pain as motivation for success.[00:46:24] New skills through network marketing.[00:49:35] New opportunities for growth.[00:52:48] Skillset versus opportunity.[00:54:46] Law of income explained.[00:56:39] Performance-based speaking opportunities.[01:01:20] Decision to go all in.[01:04:16] Commitment vs. Wishful Thinking.[01:06:47] Money mindset and emotional attachments.[01:09:19] Invest in yourself first.[01:14:38] Spending addiction and wealth.[01:17:00] Healthy relationship with money.[01:19:24] Incubator for business growth.
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