Billionaire Warren Buffett once said, “Never depend on a single income. Make investment to create a second source.”
All of the entrepreneurs I've interviewed on my podcast (or really any other podcast for that matter) have taken Mr. Buffett’s words to heart. If you’re going to create some serious wealth for you and your family, diversifying your income streams is the key to success.
Saving and long-term investing are crucial pieces to the wealth building puzzle as well. That being said, the puzzle for financial independence can be put together a whole lot faster when you increase your income.
We’re living in one of the most opportune times to become an entrepreneur. The availability of free, helpful and actionable information has never been easier than it is today. Books, podcasts, YouTube … I mean you can literally learn anything you want. As an example, I learned how to create a podcast from watching a few hours of free YouTube videos.
With all of this great information out there, I believe everyone has the ability to become a successful entrepreneur and increase their income. We just have to hustle and we have to be hungry.
To throw some gas on the income generating fire we’ve created here, I’ve invited Grant Sabatier from Millennial Money on the show today. Grant is the epitome of entrepreneurial success.
When he was 24 years old, Grant only had $2.26 to his name. Before his 30th birthday, he became a millionaire.
Grant’s business ventures, his ability to invest at a young age and his understanding of Mr. Buffett’s philosophy that we can’t live on a single income source have allowed him to create a very comfortable life for himself and his new bride. His zero to millionaire hero story has been featured on NPR, MSNBC, the Chicago Tribune and Penguin Random House will now be publishing his first book.
What are we covering today?
Grant and I discuss:
- How he created massive income for himself through entrepreneurship
- Why investing was early so helpful in becoming a millionaire
- How you can get started on your entrepreneurial journey
If you are interested in learning how you can increase your income to get more out of life, join me for this conversation. You will not be disappointed.
Click the play button above or listen on iTunes, Google Podcasts or Stitcher.
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Carpe Diem Quote
“There is a gigantic difference between earning a great deal of money and being rich.”
– Marlene Dietrich