Do You Have To Be RUTHLESS To Get Rich?

Building Your Money Machine

Welcome to another thought-provoking episode of the Building Your Money Machine Show. Today, we tackle a question that often lurks in the minds of aspiring entrepreneurs and seasoned business owners alike: "Do You Have To Be RUTHLESS To Get Rich?" Join me, your host Mel Abraham, as we explore the myths and realities around wealth-building and the principles that truly drive financial success.

I dive deep into what it means to be “ruthless” in the context of financial gain, and whether this trait is essential or just a misconception fueled by popular culture and media.
It's not about stepping on others to get ahead, but rather about building strategic relationships, making smart investments, and staying persistent.

Tune in as we bust the myth that ruthlessness is a prerequisite for wealth and redirect the focus towards qualities like resilience, empathy, and strategic thinking. This episode is packed with wisdom and actionable steps to help you create your money machine without sacrificing who you are at your core.

Let’s dive in!

IN TODAY’S EPISODE, I DISCUSS:

• The myth of ruthlessness as a necessity for wealth
• The role of values and integrity in building financial success
• Why strategic relationships and smart investments matter
• The impact of resilience and empathy on your financial journey
• How to join the affluent entrepreneur community for ongoing support and resources

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If you liked this video, you'll love these ones:

• Alarming Financial Habits That Will Surprise You: https://youtu.be/SHTg-TA27s4
• 12 Most Common Regrets of Rich People: https://youtu.be/fan5rKvRafE
• How to Save YOUR First $100k (My Savings Framework): https://youtu.be/cex4G3Nbqlg
• If I could only buy 4 assets, this is what I would do: https://youtu.be/dYohJDcGp5Y

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1. Spending expands like time; budgeting plans prevent. (00:00:00)

2. Sustainable joy is essential for financial freedom. (00:05:29)

3. Account for fixed and non-regular yearly expenses. (00:08:39)

4. Monthly savings plan to cover future expenses. (00:12:07)

5. Credit cards remove friction, increasing consumer spending. (00:14:54)

6. Set up fee-free budget accounts realistically. (00:16:45)