Skip to content
TrackPodcasts
businessMay 7, 202130:04pending

005 Wealth Building and Failure in Business

About this episode

Today, we will talk about wealth-building entrepreneurship and why businesses fail. We will discover the mind frames that affluent entrepreneurs need to understand and adopt, and that will set them apart from treadmill entrepreneurs.

What You Will Learn In This Episode:

- What is the main difference between treadmill and affluent entrepreneurs

- The three mind frames on an affluent entrepreneur, and why mind frames are different from mindsets

- The idea behind creating several business plans for our entrepreneurial endeavors

- What happens when we have conflicting mind frames 

Some entrepreneurs feel comfortable with only one or two of the three affluent entrepreneurs' mind frames, and it often ends up with their business failing. We are the CEO not only of our company, but of our legacy, and that's why we must know how to wear every hat and feel confident with all three affluent entrepreneurs' mind frames. 

Resources:

- Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint

- Career Explorer - How much money can you make with an entrepreneurship degree? https://www.careerexplorer.com/degrees/entrepreneurship-degree/salary

- The 3 Mind- Frames ™ of an Affluent Entrepreneur Graphic https://melabraham.com/wp-content/uploads/TAE-005-3-Mind-Frames-of-Affluent-Entrepreneur.pdf 

- My website https://melabraham.com/

- The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ 

- Find me on Facebook https://www.facebook.com/melhabraham/

- Find me on Instagram https://www.instagram.com/melabraham9/

- Find me on LinkedIn https://www.linkedin.com/in/melhabraham/

- Find me on Twitter https://twitter.com/MelHAb

- Find me on YouTube http://www.youtube.com/user/MelHAbraham

Get every episode summarized

Each time Building Your Money Machine publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

Hosts & guests

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

005 Wealth Building and Failure in Business

Building Your Money Machine

0:00
30:04

More episodes

More from Building Your Money Machine

View all episodes →