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July 23, 2024

What are you doing with ONE MILLION DOLLARS

What are you doing with ONE MILLION DOLLARS

Summary:
In this episode of the On Purpose Investor Podcast, hosts Eric and Josh explore hypothetical and practical uses of a million dollars both from their perspectives five years ago and today. They discuss how their priorities and mindsets have shifted from desiring status symbols and temporary pleasures to focusing on legacy, financial education, and community impact. By reflecting on their own journeys, they emphasize the importance of changing your mindset, surrounding yourself with the right people, and being intentional about your goals to achieve a life of significance.

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Timeline:
00:00 Introduction and Episode Overview
00:28 Reflecting on Past Desires
00:47 Josh's Past Million-Dollar Dreams
02:26 Eric's Past Million-Dollar Dreams
04:36 Current Million-Dollar Plans
06:56 Mindset Shift and Legacy Building
12:20 The Importance of Abundance Mindset
19:07 Root Causes of Old Mindsets
20:58 Overcoming Lethargy and Ignorance
21:49 Discovering Real Estate Investing
23:11 The Importance of Direction and Purpose
25:04 Critique of Education and Survival Mindset
26:23 Building a Legacy and Generational Wealth
29:16 Teaching Financial Wisdom to the Next Generation
32:50 Practical Steps for Massive Action
33:09 The Power of Reading and Learning
36:54 Evaluating Your Friend Group
41:48 Being Intentional About Your Life
44:22 Conclusion and Call to Action