“Start changing how you think about things. Don’t think like the average person.” –Paul Halme
A good money mindset is key to a successful financial life. It’s what separates the people who make money and those who just have it. If we have a good money mindset, we understand that our wealth is not found in our bank account but in our ability to generate income, manage expenses, and build assets.
This week, I got to sit down with entrepreneur, speaker, mentor, Brazilian Jiu-Jitsu World Champion, and bestselling author, Paul Halme.
Although being in the corporate world was an amazing experience for Paul, he still felt that something was missing. He wanted to do more— something different. So, he ventured into entrepreneurship and opened his own gym, which later became one of the most successful gyms in the US. Today, Paul is helping entrepreneurs grow their wealth while living a free lifestyle.
Listen in as Paul shares insights and wisdom to help us build a proper money mindset. Paul and I also discuss investment secrets to grow our wealth, what makes sales easier, how we can leverage our credit score, how automation can help us manage our assets, and why we should not forget to enjoy the journey while we’re in it.
Connect The Modern Man:
Highlights:
- 02:24 Finding Fulfillment
- 05:17 How to Make Sales Easy
- 11:28 How to Earn Your First Million
- 15:12 Where to start with Investment
- 19:20 Save Your Coins Up
- 21:47 Enjoy the Journey
- 25:17 How to Build Your Money Mindset
- 30:40 Recap
Resources:
Books
- The Money Fight: Takedown Your Money Problems, Slam Your Self Doubt, And Find Your Way to Financial Freedom by Paul Halme
- How to Make Money with Your Martial Arts Gym— Even Of You Haven’t Won Anything Yet by Paul Halme
- The Richest Man in Babylon by George Clayson
Tweets:
Wealth is attained only by those who have the courage to start on that journey. Join @TheModernMan8 and entrepreneur and best-selling author, Paul Halme as they share tips on how we can grow our wealth and live a freedom lifestyle. #TheModernMan #podcast #menpotential #entrepreneurs #investment #debt #creditscore #wealth #sales #assets #moneymindset #wealth #automation
Quotes:
04:41 “You have to become good at sales. You have to become good at marketing. If you don’t become good at those two things, it doesn’t matter how good you are. Nobody’s going to know who the hell you are.” -Paul Halme
05:45 “Sales is one of the easiest things if you’re selling something you believe in.” -Paul Halme
12:54 “The less time you have, the more you have to accelerate.” -Paul Halme
14:08 “All debt is not bad debt.” -Paul Halme
17:48 “If you don’t get started, it’s hard to do these bigger things.” -Paul Halme
19:14 “If you have the coins saved up, you are then more equipped to take advantage of the opportunities when they arrive.” -Ted Phaeton
19:25 “The people that planned ahead are going to get richer because they did the things.” -Paul Halme
21:32 “Start changing how you think about things. Don’t think like the average person.” -Paul Halme
21:38 “No matter how much money people make, some people will still be unhappy.” -Ted Phaeton
23:43 “If you have money but if you never enjoy it, it’s not worth it.” -Paul Halme
31:44 “If you don’t have an abundant amount of money, you can start where you are.” -Ted Phaeton
Meet Paul:
Paul Halme went from working as a stockbroker for a major Wall Street firm to Entrepreneur. He now specializes in helping Entrepreneurs fix their finances and then buy assets to create passive income.