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Investing like the wealthy can lead to significant gains over time, and these can be utilized by any income level. In this interview, Brian Fouts, Owner of the Elevation Group, shares his origin story and breaks down how to invest your money like the rich do.
Brian grew up in a normal, middle class home. He learned to work hard in school, go to college, and get a good job was the ideal path for life so that's what he did. He and his brother got a degree in Construction Management. Things were going well until the 2008 crash made them realize that there could be more than the traditional path.
While their parents worked for 40 years for the company retirement plan, that is no longer an option. Employers have learned to pass the risk of retirement savings on to the employee. There is less incentive now to work for one company your entire working life, we are able to have more flexibility and do what we really want!
If we are the produce of the 5 people we are around the most, we should choose those 5 wisely. Brian recommends spending 1/3 of your time with people you can mentor, 1/3 with your equals and your competition, and 1/3 with people who can mentor you. When he came to the Elevation Group, he began to meet new people who were able to mentor him and help him to grow in his business. He recommends finding groups so that you can meet people who will encourage your growth.
Every millionaire and billionaire that Brian has studied has been a student of other successful people. You don't have to meet your mentor in person. You can read their books or take their courses for them to help you grow and become successful.
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Connect with Brian:
The Elevation Group -- http://projectegg.co/elevationgroup
LinkedIn -- https://www.linkedin.com/in/performan...
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The Project EGG Show, hosted by Ben Gothard, is a deep-dive into the lives of entrepreneurs from across the globe. Each episode is another interview, where the guest shares his or her story of getting into entrepreneurship and maneuvering through the business landscape. By following their blueprints to success, you too can achieve the goals that you set out for yourself and turn your dreams into reality through entrepreneurship.
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The Project EGG Show is a video talk show that introduces you to entrepreneurs from around the world. It is broadcast from studios in Metairie, Louisiana to online platforms including YouTube, iTunes, Google Play, Spotify and Stitcher, and hosted by Ben Gothard.
Our goal is to give you a fresh, unscripted and unedited look into the lives of real entrepreneurs from around the globe. From billionaires to New York Times best selling authors to Emmy Award winners to Forbes 30 Under 30 recipients to TEDx speakers – we present their real stories – uncensored and uncut.
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investing 101 Brian Fouts: How To Invest Your Money Like The Rich Do | |
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