What if everything you thought you knew about money was holding you back?
Featuring Sharon Lechter—co-author of the international bestseller Rich Dad Poor Dad, presidential financial-literacy advisor under Presidents Bush and Obama, and longtime philanthropist—this episode will transform how you think about income, assets, and true wealth.
I’m Adam Strong, and in this conversation I sat down with Sharon Lechter to unpack why traditional schooling leaves us financially illiterate, how the famed Cashflow Quadrant can shift you from trading time for money into building businesses and investments that work for you, and the four-part Personal Success Equation that powers entrepreneurial breakthroughs.
Whether you’re an employee, self-employed, a budding business owner, or investor, this episode equips you with the mindset and action plan to level up.
Learn how to scale and exit faster by applying to join our waitlist for our next cohort to the game changers inner circle business mastermind go to https://bit.ly/business-mastermind-waitlist for more info
5 Key Takeaways
1. Learn to Build Wealth Through the Cashflow Quadrant
Understand the four income-generating quadrants—Employee, Self-Employed, Business Owner, and Investor—and how transitioning to the right side (Business Owner and Investor) can lead to financial freedom.
2. Improve Your Success with the Personal Success Equation
Apply the formula: (Passion + Talent) × Association × Action + Faith, to align your strengths and network, take decisive actions, and maintain belief in your mission.
3. Enhance Financial Literacy at Home
Encourage open discussions about money with your children to foster financial literacy, breaking the cycle of financial illiteracy perpetuated by traditional education systems.
4. Shift Your Money Mindset
Replace limiting beliefs like "I can't afford it" with empowering questions like "How can I afford it?" to stimulate creative solutions and financial growth.
5. Recognise the Importance of Mentorship
Seek mentors who have achieved what you aspire to, as they can provide guidance, open doors, and help you navigate challenges more effectively.
Chapters
00:00 Introduction to Financial Literacy and Sharon Lecter
02:55 Sharon's Journey into Financial Literacy
05:34 The Importance of Teaching Money in Schools
11:14 The Role of Mentorship in Success
14:19 What the Rich Teach Their Children
16:10 Changing the Mindset Around Money
18:14 Transitioning from Employee to Entrepreneur
21:34 Learning from Business Decisions
23:34 Creating a Sustainable Business
25:55 Reflections on Past Choices
27:24 Defining Personal Success
29:22 Continuing to Play Big
31:39 Advice for Securing Financial Future
🙏 How To Support The Business Strategist 🎙️
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ABOUT THE GUEST
Website: https://sharonlechter.com
LinkedIn: https://www.linkedin.com/in/sharonlechter
Amazon: https://www.amazon.co.uk/Books-Sharon-Lechter/s?rh=n%3A266239%2Cp_27%3ASharon%2BLechter
Insta: https://www.instagram.com/sharonlechter/
ABOUT THE HOST
LinkedIn: https://www.linkedin.com/in/adamistrong
Learn how to scale fast by taking the business growth quiz: https://howtogrowabusiness.scoreapp.com
YouTube: https://www.youtube.com/adamstrong
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