Mind of a Millionaire Podcast: Ladders of Wealth Creation

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Welcome to the Mind of a Millionaire podcast show notes. This week, our co-founder and chief investment office, Zachary Bouck, CIMA®, expounds upon Nathan Barry’s “Ladders of Wealth Creation.” In Nathan Barry’s words:

“Every career starts in the bottom left [ladder] and works through each ladder over time. The higher you climb, the more you earn, but the more skills and experience you need to acquire.”

The Ladders of Wealth Creation are a series of steps, or rungs, that describe wealth-building journey through growing and operating your own business.  

 

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Nathan Barry [0:25]

Four Types of Luck [1:20]

Trading Time for Money [1:56]

Starting Your Own Service Business [3:49]

Productized Services [7:35]

Does every business experience all four ladders? [11:05]

Learning a New Set of Skills [13:35]

 

Thank you for listening to the Mind of a Millionaire podcast! If you have any questions regarding your business or the wealth-building process, please don’t hesitate to call our office at (303) 261-8015. We are happy to help!

Source:

Barry, Nathan. “The Ladders of Wealth Creation: A Step-by-step Roadmap to Building Wealth.” Nathan Barry. https://nathanbarry.com/wealth-creation/ (Accessed 1 Sept. 2020)

 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

All investing includes risk including the possible loss of principal. No strategy assures success or protects against loss.

Nathan Barry is not affiliated with Denver Wealth Management, Inc. or LPL Financial.

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