What if everything you’ve been told about wealth is backwards? Russ Morgan escaped the Wall Street trap and built over $50K a month in passive income—without stocks, without a 401(k), and without playing by the system’s rules. In this episode, he reveals the blueprint that the financial industry doesn’t want you to see—and how knowing your ‘Investor DNA’ could be the key to your freedom. Tired of the traditional financial treadmill? Discover how Russ Morgan, founder of Wealth Without Wall Street, escaped the Wall Street grind and built over $50,000 a month in passive income in less than two years!  Join us as Russ shares his journey from a Certified Financial Planner to a master of passive income, detailing how he helps people become better investors and truly understand their "Investor DNA". Learn why he believes the traditional Wall Street model is designed to separate you from your money, not to create wealth for you. Key Points from This Episode: Redefining Financial Freedom: Russ and his company define financial freedom as when your passive income exceeds your monthly expenses, allowing you to live without working. He emphasizes that traditional investment avenues like 401ks or IRAs, while tax-reducing, can postpone your ability to reach this goal by locking away your money. The Power of Investor DNA: Discover why understanding your unique "Investor DNA" is crucial for successful investing. Russ explains how aligning your investment choices with your personality, like his "Influencer Driver" profile that enjoys operational oversight without day-to-day tasks, can significantly accelerate growth and enjoyment, leading to substantial passive income. Infinite Banking as a Game Changer: Russ reveals how the concept of "Infinite Banking" introduced to him by mentor Nelson Nash, was instrumental in his own financial transformation. He highlights how this strategy, involving cash value life insurance, provides access to capital for investments, showcasing how all his assets were acquired by borrowing against life insurance cash values. Timestamps: 00:27 - 02:00: Russ Morgan's background, founding Wealth Without Wall Street, and his mission to achieve financial freedom. 03:44 - 07:10: How Russ shifted to creating passive income from $2,500 to over $50K/month in less than two years and why traditional work wasn't fulfilling. 07:19 - 11:00: Deep dive into "Investor DNA" – what it is, how it differs from traditional risk assessments, and how it helps narrow down investment opportunities. 21:23 - 26:20: The profound impact of Infinite Banking on Russ's life and how it helped him access capital for his investments, overcoming the "biggest obstacle to financial freedom". 26:56 - 31:30: The "Passive Income Operating System" and the step-by-step framework to becoming an expert investor, including the "Iceberg Question" for due diligence. Connect with Russ Morgan and Wealth Without Wall Street: Website: WealthWallatWallstreet.com Community (Free): WealthWallatWallstreet.com/angelinvestors Connect with Jeff Barnes: Website: https://www.jeffbarnes.ceo/ LinkedIn: https://www.linkedin.com/in/jeffpbarnes/ #PassiveIncome #FinancialFreedom #InvestorDNA #WealthWithoutWallStreet #InfiniteBanking #Entrepreneurship #RealEstateInvesting #FinancialPlanning #MoneyMindset #WealthBuilding #FinancialEducation #InvestmentStrategies #BusinessOwner #Cashflow #FinancialIndependence Learn more about your ad choices. Visit megaphone.fm/adchoices