427: Think About Money Differently, Build Cashflow, and Optimize Like a Millionaire with Chris Miles

Chris Miles, the Cash Flow Expert and financial advocate for the entrepreneur, is a leading authority teaching entrepreneurs and professionals how to quickly free up and create cash flow TODAY spending time doing what they love most! He's an author and podcast host of the Chris Miles Money Show, and been featured in US News, CNN Money, Entrepreneur on Fire, and has a high reputation with his company, Money Ripples, getting his clients fast, life-altering financial results. In fact, his clients have increased their cash flow by over $100 Million in the last 7 years.

Quotes:                                                                                                                                   

“If you engage in activities outside of your business that you love, they should be things you truly enjoy, regardless of whether they make you money or not.” – Chris Miles

“The highest-risk choices are often what most people do, such as putting your money into mutual funds and similar investments. That is likely the easiest path to guaranteed failure.” – Chris Miles

“If you want to elevate your money and your business, you need to elevate your team as well. You can't keep the same old people and expect to grow, as they may hold you back.” – Chris Miles

Takeaways:

07:54 Your business should be your primary investment and economic generator.

08:22 Cash flow creates options, and options create freedom for entrepreneurs.

10:32 Always seek financial strategies that provide immediate cash flow, not just long-term accumulation.

14:39 Traditional financial advice often fails; successful investors think differently about money.

19:52 Focus on creating multiple income streams instead of just saving money.

Resources

Podcast: Play in new window | Download (Duration: 30:56 — 28.3MB) | Embed

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Filed in: Archive 2: 2017 • Interview • Money • Podcast

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