2845: My Simple Philosophy For Achieving Financial Freedom In 5 Years Or Less by Steve Chou on Money Advice
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Episode 2845:
Steve Chou shares how the principles of Pai Gow poker can be applied to achieve financial freedom. By using a conservative approach to entrepreneurship, focusing on creating multiple income streams, and balancing the security of a day job with the potential of side hustles, Chou illustrates a clear path to financial independence.
Read along with the original article(s) here: https://mywifequitherjob.com/why-playing-pai-gow-poker-will-help-you-achieve-financial-success/
Quotes to ponder:
"Even though you might hate your day job and you can’t stand your boss, think of your day job as a way to stay in the game."
"The best and safest entrepreneurial strategies involve creating a safety net and having the freedom to take small calculated risks."
"The more time you have to validate your business idea, the more likely that you will eventually succeed."
Episode references:
Start with Why: https://www.amazon.com/Start-Why-Leaders-Inspire-Everyone/dp/1591846447
The $100 Startup: https://www.amazon.com/100-Startup-Reinvent-Living-Create/dp/0307951529
The Lean Startup: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898
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