What the rich won’t tell you. The truth behind building massive wealth | Tom Corley cover art

What the rich won’t tell you. The truth behind building massive wealth | Tom Corley

What the rich won’t tell you. The truth behind building massive wealth | Tom Corley

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 While most of us want to become rich and successful, it’s really not as easy as many suggest on social media. In today’s show Tom Corley and I explain why building wealth is a two-step process and the requirements to not only build wealth, but retain wealth. Takeaways The easiest way to grow wealth in Australia is through residential real estate.Becoming rich involves a two-step process: accumulating wealth and maintaining it.Daily growth habits, such as reading and self-education, are crucial for success.Building rich relationships can significantly impact your journey to wealth.Avoid spontaneous purchases to maintain financial discipline.Isolate a portion of your wealth for retirement planning.Wealth management requires a team of experts, including financial advisors and tax experts.The habits to get rich differ from those needed to stay rich.Mentorship is vital; seek mentors who are two levels above you.Wealth is a journey that requires continuous learning and adaptation.The world doesn't owe you anything; take responsibility.We owe the world our talents and efforts. Chapters 00:00 The Two-Step Process to Wealth 03:59 Habits for Accumulating Wealth 06:43 Daily Growth and Relationship Building 09:41 Persistence, Patience, and Risk-Taking 12:21 Controlling Emotions and Building Teams 15:02 Mentorship and Learning from Others 17:58 Maintaining Wealth and Smart Spending 20:46 Investing Wisely and Planning for Retirement 23:20 The Importance of Expert Guidance 25:54 A New Beginning: Imagining Life Anew 29:59 Embracing the Present: Letting Go of the Past Links and Resources: Michael Yardney - Subscribe to my daily Property Update newsletter Metropole’s Strategic Property Plan – to help both beginning and experienced investors Subscribe to Tom Corley’s daily blog here. Order your copy of Rich Habits, Poor Habits here Join us at Wealth Retreat - Australia’s Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to or watching this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: What the rich won’t tell you. The truth behind building massive wealth | Tom Corley

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