We’re talking about how to take control of your financial future and find financial freedom! You know I care about the money you make and I want you to know how to invest and use it well too! So today I have expert Ryan Lee on the podcast to talk about how to take control of your finances, your career, and your future. As Ryan’s company says, it’s time to “Rise up. Live Free.”
What We’re Talking About
- Moving away from corporate with intention
- Taking control of your finances
- How to become financially empowered and free
Ryan’s Career Story
Ryan spent a lot of years grinding it out in corporate ladder climbing, bit by bit, suffering through. He eventually chose to pursue what brought his fulfillment – but it was an intentional, slow process getting there. He would show up at the office a couple hours early each day to pursue his own growth, vision, dreams, and passion. Those hours built his side hustle, which he invested, and this led to his new career.
In 2008, realized that he was doing the same thing as everyone around him – slogging it through and having no control of his job or finances. So he chose to figure out how to to take control of his life, future, and money.
How To Take Control of Your Finances
Ryan shares with me that he believes that anyone can be financially free in 10 years or less, using the right tactics. He and his team have all done this and then coached hundreds of people through it. He shares some of their tactics and the ideas around it. You might be surprised along with me in the ways he turns some traditional financial advice on its head.
So, what does it mean to be financially free?
Ryan’s simple definition of being financially free is that your passive income is more than your expenses. So you have to know how much income your assets produce. And you need to invest your money into assets that produce predictably, continually, and enough to surpass your expenses.
This applies to everyone – entrepreneurs and 9-to-5’rs. It’s for us all! And both genders are successful in finding freedom, fire, and doing the work to find success here.
Money is a tool. And most people these days are trading their life for it. When you get clear about what money represents, what it’s power is, you can use it intentionally and powerfully.
The Solution for Financial Freedom
Ryan’s team’s motto is “Rise up. Live Free.” It was greatly influenced by the musical Hamilton, which of course I LOVE!
Their process is all about creating producers. They focus on “doing the opposite” but doing what the independently wealthy have done historically – investing well. They have a Financial Freedom Formula which is focused on empowering you with finances through 4 steps:
- Production – your ability to produce, to make money
- Protection – keeping what you make and using the tax code like a treasure map
- Profit – how to align your dollars with assets that create consistent cash flow, so you have predictable results and financial freedom.
- Prosper – live a life that matters today
“Money will never ever give you fulfillment. Money is just a tool.”
Things to Remember
To find success, you must not act like a victim.
The number one thing that affects your life is your paradigm – that of a victim or a producer.
Think of yourself as a producer – life, no matter how hard or good, is serving up experiences to help you grow. Think, who must I become to advance and grow here?
Money will never ever give you fulfillment. Money is just a tool.
What you do with your unique skills, talents, and abilities in the service of other people – a job or profession – if you can be intentional with that, and find a way to live authentically and access these, you will make more money and be more fulfilled along the way.
Money and profit is just a tool of validation.
Your best investment is in yourself – your mindset, your skillset, and your network.
Starting a business is a crash course in dealing with your junk.
If we look around the world, at all the things around us, none of them existed until someone expanded their mindset. You have to see a bigger vision than those around you. And then pursue it.
Your best asset is your ability to produce.
The one resource we have is our time.
Ryan came from the corporate world, followed all of the traditional and conventional wisdom of go to school, get a job, and put as much money in the stock market as possible. Like so many others he learned that the traditional path of retirement would never make him free and he started studying and researching to find out how to become Financially Free in 10 years or less. Along the way he learned that 97% of what is taught in traditional finance is dangerous, misleading or outright wrong, and the path to Financial Freedom isn’t doing what everyone else is doing better – it is doing the exact opposite. Ryan built Cashflow Tactics to empower people financially to RISE UP taking control of their financial plan so that they can
How to Take Control of Your Financial Future with Ryan Lee
September 16, 2020