You Are the CEO of Your Life

damottaleonardweb
Sep 13, 2022
2 min read

Sharon Lechter is here today on The Prosperity Perspective to show how to achieve financial independence by investing in multiple asset categories. She shares her avocation that if you want to grow your passive income, it's important to reinvest in your business wisely. Focus on growing your business in a way that is sustainable, scalable, and saleable by building systems and structures that will be in place long-term and that can be easily duplicated and expanded.

Tune in to determine how to diversify your investments so that you have multiple income streams coming from different sources. This will help protect you in the event of an economic downturn or other unforeseen circumstance like the impending recession of 2022/23.

Hear why it's better to invest your time in buying assets that will generate income for you, including real estate, stocks, bonds, and mutual funds. Because it is important now more than ever to diversify your investments so that you are not relying on just one source of income and are able to weather any economic downturns.

3 Key Takeaways:

Invest in multiple asset categories to diversify your income streams.
Reinvest in your business wisely to grow your passive income.
Be comfortable with letting go of some control when you invest in multiple areas.

Listen to the Full Episode:

About Sharon Lechter

Sharon Lechter is internationally recognized as a financial literacy expert, keynote speaker and business mentor. She is a New York Times Bestselling author, successful entrepreneur, philanthropist, and has enjoyed a 35 year career as a licensed CPA. She has advised two US Presidents on the topic of financial literacy. Sharon co-authored the international bestseller Rich Dad Poor Dad and 14 other books in the Rich Dad series.

In 2008, when the economy crashed, she was asked by the Napoleon Hill Foundation to help re-energize the teachings of Napoleon Hill. Her best-selling books with the Foundation include Three Feet from Gold, Outwitting the Devil and Think and Grow Rich for Women and Success and Something Greater. She is also featured in the movie Think and Grow Rich: The Legacy and on the national television series World’s Greatest Motivators. Sharon’s newest title, Exit Rich supports entrepreneurs in building value and scalability in their businesses so they can be in the position of greatest potential.