Latest / Money Grows on Trees / #339 - I’m A Millionaire. Here’s How I Built Financial Freedom.

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#339 - I’m A Millionaire. Here’s How I Built Financial Freedom. · Money Grows on Trees

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How do you build financial freedom? How do you build or
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develop a million dollar net worth? Most people think that
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becoming a millionaire requires a massive inheritance, a
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tech startup, getting lucky on crypto. But the
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reality is true financial freedom is built through a slow
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repeatable mathematical process that anyone can follow if
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they have discipline and patience. I'm Lord J.
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Ross, seven-figure investor and entrepreneur, and I've helped thousands of everyday Aussies, Americans,
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New Zealanders, and Canadians get out of debt and build real wealth. And in this video, I'm going to show
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you my exact financial journey, the mistakes
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I made along the way, and the blueprint I used to build total
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financial freedom. So if you're someone who wants financial freedom
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and you've always wanted to figure out how it works in detail by someone who's done it,
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then let me regale you with exactly what happened to me and how
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you can do it too. So going right back to my early 20s,
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I went to university. I was very lucky to have my parents pay for my university, so
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I didn't actually get any HECS debt, which is great. Had that not have
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been the case, I probably wouldn't have gone. I probably would have just started
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working. But In those days, back then, there was no YouTube, there
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was no Instagram, there was no Facebook. You had really two options back then. You either
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went to university or you went to get a trade. And a lot of my friends who went to
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get a trade, which turned out to be a really good decision, were making a shit
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ton more money than me when I was in university. Because I was mowing lawns and cleaning pools
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and all that stuff. To make a little bit of money, I could in university. I wasn't,
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you know. But I had supportive parents and I had the ability, they paid for
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my education. So, but I
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didn't make any money. That's the benefit of having a trade.
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You need to go out, even if you're an apprentice, you do make a small
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amount, like you make a lot more money, right? So anyway, you could do
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a trade or you could go to university. So I went to university and got a
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couple degrees. I actually got a law degree, became a lawyer. Some of my
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ads you'll see running around like, I'm a property lawyer and I'm a lawyer. And God, it
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was boring. So I ended up, I actually ended up getting a, going
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for a job in Abu Dhabi, incidentally. Because when
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I came out of the university, it was like the worst time in history to
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get a job. I actually flew to Sydney to get a job. I had a couple of interviews in
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Macquarie Bank. And then at that time, it was just like the worst time
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in history to get into investment banking. So, kind of like my opportunities
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dried up. I was in Sydney, going to see recruiters. I could have got a gig but it
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was just dead. It was like tumbleweed down the street in
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terms of the banking industry in Sydney. So, I was like, well, what am
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I going to do? And through a friend, He got
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me this gig, certainly a couple of interviews, phone interviews for
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Abu Dhabi. So, I went and joined the largest real estate developer in Abu Dhabi. In
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fact, it was the largest real estate developer in the world as an assistant development manager.
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And so, it wasn't a huge salary, it was probably 60 or 70 grand a year but
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there was no tax, right? Because Dubai, I was a non-tax resident of Australia. So,
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that's why I'm a big proponent of young people doing what's called geo-arbitrage where
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you can actually live in another place, pay a lot less in costs. or
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in tax and save a lot of money. And that's what I did. Like I
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was 23 and I remember jumping on the plane. I didn't even
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know where Abu Dhabi was on the map. But I was like, I'm flipping getting
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out of here. So I left and went over there. And here's what I did
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from that point on. Part of the gig was they gave you this furniture package, which
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is kind of cool. It's like 50,000 dirhams, which was about, I guess, 15,000 Australian
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dollars. And I went ham. Like I went to all the best stores. I
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was seeing this girl at the time and she was an interior decorator. And it's
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like the worst combination. She took
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me to these stores and we bought all this shit and blew it all.
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Whereas my roommates, a bit more smarter than me, one of my roommates, he
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had this, he just had one couch, secondhand couch and
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a shitty TV in his apartment. I went to see him one day, I'm like,
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you have nothing in your unit. And that was pretty smart, Ikea furniture. So
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I blew mine, he saved his. And then I made another mistake. I
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moved into, my HR manager at the time said, hey, he used to call
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me Rosser, hey Rosser, Why are you living in that shithole, mate? You should
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live in a nice beautiful apartment on the niche, on the corniche. I
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was like, okay. And buy
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a Range Rover. I was like, alright. So, I moved into this apartment, two
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bedroom. And at the time, I was making about $28,000 a month. which
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is probably about, I don't know, eight grand a month or something, I don't know, Aussie
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now, maybe less, 7,000 Aussie a month or something. And
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I moved to this two-bedroom apartment and it was 17,000 rooms a month. Now
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in those days, you couldn't, I don't know what it's like now, but you couldn't room share in Abu Dhabi,
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even with men, you couldn't, they just would not allow it. And
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so I had this big two-bedroom apartment and I had no flipping, I
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have 17,000, like over 60% of my income was going to rent. Dumb.
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So I figured out that was pretty dumb because I started racking up credit card debt and I was like, what
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am I doing? You know, I've read all the books. I'm like, you know better than this. So
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I went into DEF CON 5. I went into lockdown. How are we going to do a 90 day
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financial turnaround story? So I rented a Toyota Yaris. I
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went through seven of them when I was in Dubai. I broke
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our lease, jumped, drove up the highway chasing the key,
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because you had to get out of that one before you get this one in Dubai. And we moved to Dubai. And
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I grabbed two roommates, shucked him there, and then got a fourth one and put
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it in the media room. So I started renting. We rented out all the rooms. And we
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took our rent right down. And I dropped it way down. And then
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I kept my cost low, didn't buy any travel, didn't buy any furniture, just left, didn't
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do anything. And I just hunkered down and worked. Boom, boom,
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boom, boom. And that was when I got
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my first taste of getting a big emergency fund again. In
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fact, I built up around about $40,000. Now, back at
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that time too, I made another mistake. I had some cash
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and I knew I needed to buy assets, so I wanted to get into shares because I didn't
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want to get into property and get all this debt, particularly in an area I didn't even know
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where I was going to live long term. You know, and
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now it's getting bombed. I mean, it's crazy. But back
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then, the GFC had decimated the real estate market. So,
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I was working on the Formula One Grand Prix and the Ferrari World Team, some cool projects. But
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I thought, you know what, I don't know if I'm gonna be here long term, so should I buy? And in Dubai,
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it's not, you know, there's not the same level of regulation. It
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was a bit wild westy still, and it just seemed
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a lot more risky. So, I thought, you know what, I wanna get into shares. So, I saw a financial advisor,
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This is why I beat up financial advisors so much. And, you know,
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the loveliest guy puts me in this close, sorry,
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front-end loaded managed fund, which is where you put in more
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money at the front and they match it, so to speak, with certain
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number of shares, et cetera, with money, and you front
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load it. And then there's a lock-in period, you can't take your money out. And
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I thought that's just how managed funds work, and they were by all accounts, that's how it was. Now
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he was gonna obviously sell me something to make himself a nice, tidy commission,
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and so I put my, my money in there. Now, I started off
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small and I built it up, but I was putting money in there, 20, 30, 40,000. And
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then absolute destruction, the mining industry, the
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resource industry just collapsed. And it was all in resources. My
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portfolio was falling and I was like, oh my God. And I
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was like, I didn't really know what I owned. And so that's what prompted
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me to get into learning more about shares and financial
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education. So I whipped myself into the CFA charter program, which is the hardest financial,
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training in the world. It's closed book six-hour exam offered
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once a year effectively except for level one and it's brutal. And you have
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to like it's the number, it's more sought after than MBA. So
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I went through that process for five years, got up to level three and
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left to pursue business after that. But that really taught me how
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to, pretty brutal way to learn it, but it's
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what gave me the impetus. Making that mistake gave me the
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impetus to learn about finances. So I had, I
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clawed my way out of that, I paid the penalty, got some back and I
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had about $40,000, $50,000 USD of cash that
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I saved up. And then I decided that it wasn't good
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for me in the Middle East and I repatriated back to Australia. Now here's what's interesting
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about building financial independence. Straight away you can see some things starting
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to happen and merge. One, I understood what happened to my
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life when I let my costs get out of control and I reined it back in. That's
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the first thing. So if you want to get financial independence, you have to first be
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at financial peace, which means if you're in chaos, go through 90 days
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of winding back to financial peace. That's the first thing I did.
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Next, you need to build a big buffer. So 10, 20, $30,000, just
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get in front of it. It's a very good idea. You'll have most
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of your financial freedom and most financial peace
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literally when you've got 20 to 30 grand cash and no debt. You'll
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be pretty much at peace then. It doesn't take
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long to get to peace. And I think that's what most people say
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when they say freedom, they mean peace. When I say freedom, I mean, you
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know, when your income from your assets is exceeding your living expenses,
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that's when you got freedom. So anyway, that was my objective. I'm like, I wanna
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make sure I've got most of my money in assets, and I want to
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have the income paying me so I can never work again. And that was my whole
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objective. So at 28, I had saved up, say, 40,000 cash, I think, 50,000 cash, I forget. I
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was like, I'm out of here. And so, I repatriated back to Australia with my now wife,
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Alicia, and we came back. She got a job as a paralegal, you
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know, $800 a week, and I was in real estate, got into real estate. Now,
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I beat up real estate, but I got into selling off-the-plan property
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investments with my dad. We basically rebuilt
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a family property business that just absolutely got fucking decimated by
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the GFC, like it was cooked. So, I came in at the very, very
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worst time possible and we, together, rekindled and
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rebuilt it. Now, it does millions of dollars a year. It's a great turnaround story. Anyway,
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so I built my... What I did to get out of my job, I knew if
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I wanted financial independence and freedom, a job wasn't going to do it. So,
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I had the cash. I had learned how not to invest in shares. I
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had then trained myself financially to open my own brokerage account and
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buy my own shares, which I still do to this day because I felt like
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I could do a better job than the financial advisors, which I feel like Ken and I do. and
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because I care about my money the most. No one's gonna care about your money more
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than you. No one, I'm telling you. That's why it's important to get
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financial education and start with even one of our books, whatever. At
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least you listen to this podcast. And then, so I was like, okay, we've got a brokerage
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account. My objective is to build this thing to a million bucks. I want a million dollar
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portfolio, because I knew it'd pay us 50 to 60 grand a year in passive income,
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it'd cover our rent, cover out a lot of living expenses, and that was a good first
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goal to financial freedom. So that was my objective, bang. So what
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do I do? I left my job to get into real estate because I needed to increase my
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income. I thought, you know what, if I stay in this flipping job, I'm
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gonna have to be here for years and years and years to double my income. So
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I got out of there, I took a risk. I was in my 20s, I was 28. I was like,
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I'm taking a social risk and I'm leaving this secure job.
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I'm going to real estate. I had no experience there, never sold anything in my life, and
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just went at it. It took me six months to get my first deal. Flipping heck.
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My ability to manage my cash flow was so important because I didn't know where
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my next meal was coming from. I didn't know where my next commission check was coming from.
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Plus, we had to turn the business around. It was like a baptism of fire. For
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seven years, I scrapped with my dad to do that, and we
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built it and got it going. Did I increase my
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income? Yes. Did I increase my skill set? Yes. Did I increase my risk? It was riskier
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than a paycheck, but I was able to increase my income by
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taking a chance, taking a risk. And I wasn't so impatient that
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I thought, oh, where's my deal? I'm here in the new job. Where's my money? I'm not
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an idiot. Of course, it's going to take me time to learn skills. People
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are like, where's money? I'm like, you don't have any skills. Give yourself time, patience.
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And anytime you're learning a new skill, it's where you work and don't get paid. That's
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how you build skills, when you work and don't get paid. And so
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I did that, so I increased my income, and every time I did a deal, I'd
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do one deal, pay myself, that's about $10,000, and then I'd
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do another deal, and put it into Berkshire Hathaway stock. That's what I did, so that was
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my chosen index one at the time, was Berkshire Hathaway shares. You could buy them for $85 a share,
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they're now, what's a Berkshire Hathaway share now, 470. So I was buying them for
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$85 a share. Warren
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Buffett's company. So I put $10,000 in it, and then
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$10,000 to myself. $10,000 to Warren, $10,000 to me. $10,000 to
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Warren, $10,000 to me. And I played that game. It's a fucking boring game,
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right? And all around me, these guys who were working in the building, they're rolling
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up in their brand new black Range Rover Sports. They're making
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some money. And little did I know that they had no
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money left. Like, they were buying these nice cars all on borrowed
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money, and they were just blowing their money. Some of the guys, they would take, like, ran
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to the pokies and did what? Now they were in my building, they weren't in our business, but
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they were there and I could see the behavior coming in. And I was like,
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well, I'm not gonna play that game. I'm gonna keep giving my money to Warren Buffett. And
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just over time, what happened when playing that game is I got the portfolio to
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400,000 because Berkshire Hathaway flipping just went off, it was
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cranking. And I did that for seven years. And
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what I realized at the time was, yes, I'm making more income. I
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probably doubled my income, I think, from when I was at my job to when I was in real estate.
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And then, when I doubled my income, I could put more in shares, which I did,
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so I was building that. And it was on its way, and I could have just stayed there doing that, but I
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wanted to get there faster. So, when my sister told me about an opportunity in
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network marketing, which everyone turns their nose up at, for some weird
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reason, I don't know why. She said, hey,
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would you like to learn how to make some extra money? I was like, hell yeah, what do we do? She said, we use these products,
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give it a go, if it works, then you can refer to us. I'm like, done. And I
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was open to that. I was like, you know what, this is a fun new area to learn,
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there's new skills, I'm gonna do that. And so Alicia, who's my wife and I,
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with my sister, while I was working, this is very important, if
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you wanna build financial independence, I was working six days a week in
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my property business. I was saving money and investing
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it in shares. We were keeping our costs low. We had a car that
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was fully paid off. We were renting a place with, Alicia's sister was living with
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us at the time, three of us there paying rent. So it kept costs low. All throughout
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this journey, I'm keeping costs low. Yes, this
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is, and I'm putting the free cashflow that I'm building into assets
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that happen to be shares. Not real estate, didn't buy real, you
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know. Looking back, should I have probably bought an apartment we
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live in now? Maybe, because, but I didn't know I was gonna live
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there for 14 years. And I, you know, I
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didn't, and right now I probably wouldn't want to pay the $300 a week in body corporate. Like,
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so I think it's worked out really well, but at the time you just don't know, right? And
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so, and little did I know that we'd go through the greatest property boom in the history of the
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Australian property market ever. But you just don't know those things.
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But it worked out anyway, because it was focused on a strategy that I stayed
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consistent with, which I do to this day. And my strategy has always been
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make more money, keep costs low, put
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the balance or the extra into shares. It hasn't changed.
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So when we started the network marketing side business, the objective was to get that
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to 500 a week because I knew if I could get that to 500 a
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week with our effort, we could put that into the portfolio at
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25 grand a year extra. And I knew and I did the sums as to if
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we did that, we could get to our million dollar net worth a lot faster. In
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fact, we could get there in like seven years instead of 15 years. So, it
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made a lot of sense to have a side hustle to develop. Now, what
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I didn't realize was when we were doing that, the amount of skills that
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I would build and how much money we did make. So,
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we ended up getting that to about, you know, three grand a week, three,
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four grand a week extra cash flow while we're in our other
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jobs. And so, we had this massive amount of cash flow coming in.
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And so, we put that in the portfolio and before I knew it, The
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portfolio was probably oscillating around 600,000, 700,000. It was
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getting up there. And at that point, the 700,000 from the
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share portfolio was producing, because I had owned a lot of Commonwealth Bank shares and
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some others that were paying dividends. I actually ended up selling my Berkshire Hathaway shares, sadly, because
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I wanted to leave the property business. So, I was like, okay, I've got 700,000 in shares, no
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debt. We've got this great side hustle earning 200,000 plus a
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year. Why am I in property? I didn't
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like it, didn't want to be in it, didn't like what I was selling. I mean, it's fine, but it
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just misaligned with me, right? So I was like, okay, well,
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here's a chance to be free. And I left there,
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we took our whole network marketing income and
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we had about 35 grand a year income from the shares.
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That was paying for half of the rent and
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we had a paid off car. So that was it. And so that was the day
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that I left traditional office work. It was in 2018, which is 8 years ago.
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And that's the time when I could say to myself, you know what, you've
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got a business here that's mainly online, there's a lot of travel involved, there's
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little risk, it pays weekly, you've got this share
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portfolio producing money as well, so we had two income streams at that point, we had three, got
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rid of one, and we just had two. Some
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of that portfolio was producing income and then
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our network marketing business was producing income. And that
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really was, that's when we kind of hit it. We're like, okay, we're
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feeling very free here at this point. We didn't have to go on a commute. We
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didn't have to work with people we didn't like necessarily. And
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we were doing something we loved and we had assets that were producing money and we had no debt.
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And I think that's probably when we hit freedom. I think for
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most people that would feel pretty free. But I want you to know it
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wasn't done overnight. If you think about when I left, when
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I started in Abu Dhabi, this objective of doing
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my financial turnaround story, that was 2010. And
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when we had that freedom, it was 2018. So it was an 8-year and
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we got after it. Like, I didn't muck around. Like, it worked. But
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we had a strategy and we stuck to the strategy and we stayed patient and we didn't buy
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the Range Sport. We've got one now but we bought that for
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cash later which is good, no debt on that car. Love it, right? And
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so, that's when we got freedom. Now, the
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portfolio is scaled to millions. But
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what's interesting is we didn't stay with one business, now we have, we have a network, then
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we start an education business where we sell books, courses, coaching and mentoring. Then
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carved out some capital, bought a laundromat business that I've mentioned before. Borrowed
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all the money for that though because it was such an easy deal to make. That's almost,
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that's been paid off now. And what else did we do? Oh,
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an events business, my friend Morgan, Morgan Nelson. We got an
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events business, we call for mind and money. You may have been to one of our events. And
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then, just more recently, I have an accounting business. I started with two partners called
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Berkshire Advisory and Accounting. You can Google it.
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So that, there's now like five businesses, they're all
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still like building, right, they're in the building phase but then
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there's the portfolio that produces passive income as well. Not
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to mention the past, I've done speaking gigs to get paid and other things but I'm always open
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to opportunities to earn more income. So I think about Robert Kiyosaki's particular
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advice back when I was younger was invest for
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cash flow. So, I was like, what am I going to do to increase and improve my
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cash flow? And that's why I've stayed away from property because in
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my experience, property has generated not much cash flow. Even
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if you've got debt on it, all the money is used to pay that. So, I think
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the whole strategy has been if I can get immediate cash flow from
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something, I'll do it. So even look at our businesses, they're
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all very capital light, they're all very versatile, there's not
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a lot of fixed overhead in any of them, so there's not a lot of operating risk. And
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our share portfolio is much the same, it's spread across six positions, across
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multiple different industries, so non-correlated assets in the share portfolio, and
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protected in a trust, and it produces passive income, and
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it will just continue to scale. And our car's paid off, so
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I think about Charlie Mung has got this
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saying, he says take a simple idea and take it seriously. That's
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his quote and so I want to understand the simple idea of
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well I want to build a million dollar net worth in shares and I want to do it over time
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and not take on any debt. That's a pretty simple idea and
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we took it seriously. We then look at what else can we do to make money
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and we take simple ideas of partnerships and the ability to make money
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without a lot of heavy duty investment. Even the
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laundromat was only 250 grand, it wasn't heaps, there wasn't a ton of risk in
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that. That would be our most risky in terms of capital investment, but
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the risk is minimal compared to our net worth, so it's not that bad. And
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again, I'm not someone who has made the most money. I'm
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not the person who's made... There's tons of... A lot of my friends are flipping way wealthier than
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me. Like, they got tons, like, you know, tens of millions. And
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one of my mates has got like 50, 100 million. Another fellow's got, you know, more.
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I've even had Simon Beard on the show. We did an episode together. I went to school with him and
20:17
he's worth 300 million more probably now. So, there's people
20:20
out there my age in my city that's worth a ton more. But I think
20:23
one of the things I'm super proud of is that we've decided on a strategy
20:27
to be free and we implemented it. You know, and it wasn't
20:30
through some big business build and exit. It wasn't through taking
20:34
on stupid amounts of risk. It wasn't about leveraging into
20:37
shit tons of property. It wasn't that. It was just methodical, simple
20:41
things in place. So now where we're at, do I think we'll get to a hundred
20:44
million dollars? Yeah. Now we're at for sure, because now we've really
20:47
built a great foundation and now we can accelerate, right? But
20:51
for most people, they're looking to accelerate straight away. And
20:54
what I've noticed is if you want financial independence, you first have to hit financial peace.
20:58
So for a lot of you watching this, that's just a decision to make a financial turnaround
21:02
in the next 90 days and you can do it. Then the biggest jump is
21:05
actually figuring out how to make money outside your job. You've got
21:09
to learn how to make more income. And then having the
21:12
discipline not to buy the Range Rover Sport too quickly, not to
21:15
buy the Ferrari too quickly, not to buy the big mansion too quickly.
21:18
Could we do those things? Yes, but it's not aligned with the strategy. So
21:23
you can usually feel it in your gut what you should and shouldn't be doing. But
21:26
you've got to play this repetitive game year in, year out,
21:30
year in, year out, year in, year out. Think about that. From 2010 when
21:33
I made the decision to now 2026, that's 16 years. That's
21:38
16 years of the strategy, okay? And
21:41
so my dad often says it takes 15 years to be an overnight success. And
21:45
I would say absolutely it does. And I feel like I'm really now
21:49
just at a point where we're really at a good foundation. So
21:53
think about that. 16 years to get a really solid foundation from the decision
21:57
in my 20s So when I do reels about you know, Gen Z
22:00
shouldn't buy houses in their 20s I believe that because if
22:03
I had done that I would not have been able to take the risks that I
22:07
took The optionality would have disappeared because my whole focus would
22:10
have been on I've got to pay this mortgage By the way, I saw some of my
22:13
colleagues back in Abu Dhabi who did that and they couldn't
22:17
leave their job. They had the golden handcuffs. They had got
22:20
the car, the car loan, the mortgage and they couldn't go.
22:24
Some of them are still there. I've optimized my
22:28
life for, could I be a lot wealthier? Absolutely. But I've optimized my
22:31
life for adventure. I've done so many cool things in my life. Like,
22:35
man, I should do a flippin episode of all the cool shit we've done in the last even 10 years.
22:39
But so I've optimized it for living a juicy life. I haven't
22:43
optimized it for money. I haven't optimized it for assets.
22:47
I haven't optimized it for safety. I've optimized it for
22:50
living. That's how Alisha and I have optimized our
22:54
life for living. So I only want financial freedom and independence because
22:58
I want to live a great life. That's the only reason. Because by the
23:01
end of your life, you get to the age of 80, whatever it is, and 85, die, you
23:05
know, to read your eulogy for yourself. And Chandler Monger used to say,
23:08
you know, write your eulogy and then live accordingly. Write your eulogy
23:11
and live accordingly. So the eulogy is like someone who did this, they did
23:15
this, he did this, he helped this person do this, become the best thing off, they did it. So many
23:18
cool things in my fucking juicy life. That's what I want.
23:22
I don't want to optimize for money. Could I have lived a more boring life and had 10, 15, 20 million?
23:26
Yeah, of course. If I was a flippin' Scrooge and just, fuck it. But
23:29
that's not what it's about. It's just not. I want
23:32
to start launch award-winning podcasts. Financial independence and freedom is
23:35
about having the ability to win back your time to
23:39
then do the things you want to do to live a juicy life, which is why in that book,
23:42
Become Time Rich, it talks about how to win back your time. So
23:46
I guess the underlying message here is that Do your
23:49
turnaround story to get out of financial chaos to peace. From peace to freedom
23:52
is a strategy and one strategy approach
23:56
that works and repeated over time. Be disciplined and don't give
23:59
yourself the rewards too early. And as you're optimizing, optimize
24:03
at the same time to do both where you can live your life and
24:07
build financial independence, which is exactly what we've done. Because
24:11
if you went and followed me on social media for the last 10, 15 years, right,
24:14
from when I left Abu Dhabi in Dubai, if you followed that journey,
24:18
you would see tremendous amounts of travel and adventure. Some of
24:21
the things you couldn't even, I mean, I was on stage with Jesse Itzel last year in a keynoting to
24:25
2,000 people, like, keynoting to 5,000, 6,000, traveling around the world, I
24:29
just got paid again, my wife and I had to be paid to go to Thailand for a week, which we're going to tomorrow
24:32
night, we're leaving. Like, there's adventure in this as well. becoming
24:36
an author, doing a book launch, running bodybuilding competitions, running ultra-marathons.
24:40
We've done all that stuff at the same time. So one
24:44
doesn't negate the other. And I think that's how people are trying to approach this
24:47
wealth game. They're trying to, like, oh, when
24:50
I get this, then I'll do that. Right? So
24:54
are there ways? where you can live your life in
24:58
a juicy way and build financial independence. And
25:01
I think that's why I gravitated so closely to network mining because it's like whenever you
25:04
have success there, you travel more. Whenever you have success there, you speak on
25:08
massive stages. When you build an education business, you become a best-selling author.
25:11
That's cool. When we're building businesses, the businesses force you
25:14
to become a better person. The business is a
25:18
personal development program with a compensation plan attached. So for
25:21
you to do well financially in business requires you to become a
25:24
better version of you in all areas, in your health, in your relationships, in
25:28
your discipline. It just requires you to do more, to communicate
25:32
better, right? Think about it. Building an events business,
25:36
you've got to be good on stage. There's adventure built into business. So
25:39
I wanted to leave you with this. You can do both at the same time. But
25:43
what you can't do is have an expectation of financial freedom. that's
25:47
detached completely from any plans. And it's just mental masturbation in
25:51
your head going over and over and over again. So I hope this story of
25:54
how we built it from the start to where we are now and where we're going has inspired
25:58
you to make a decision today to do it, stick with a
26:01
plan that works, and be patient, and it'll pay off. But remember,
26:05
it does take 15 years to be an overnight success.
26:09
But is it worth it? Flippin' absolutely. You bet your flippin' ass it is.
26:12
It's the most fruitful way to live your life. because I've
26:16
already got the juice. It's not where we have ended up, the old saying goes.
26:19
It's the journey, not the destination. So go live a juicy life. Get on the journey.
26:23
That's where the juice lives, in the journey itself. You'll have a flippin' ball. But
26:27
don't sit there and tell yourself one thing and have no backup plan,
26:30
no action plan to get after it because action takers are
26:33
money makers. Alright, hit the subscribe button if you're inspired and
26:37
I'll see you in the next episode of the Money Grows on Trees podcast. Thanks for listening to Money Grows
26:40
on Trees. If you enjoyed the episode, leave a five-star review on Apple
26:44
Podcasts and Spotify and subscribe to us on
26:47
YouTube so you never miss an episode. And if you're serious about building wealth,
26:50
make sure to check out the links in the show notes and follow me on all
26:54
social media platforms, at LloydJamesRoss for