Summary
Ben has a net worth of $1+ million. In this episode, Ben shares his background and current ventures, including running a marketing company and investing in mining. He discusses his net worth and asset allocation, highlighting his shift from real estate to business investments. Ben also explains his journey in real estate investing, from renovations to subdivisions and small developments. He shares his transition to business and the importance of return on cash.
Lastly, Ben talks about his unique investment in mines and his future goal of reaching a net worth of $10 million. In this conversation, Ben shares his passion for financial freedom and making an impact. He discusses his goals of achieving $10 million in liquid assets and helping young entrepreneurs through his business, Youth in Business. Benjamin also explores the psychological significance of the $10 million milestone and the importance of measuring impact. He shares his experiences with expensive purchases and the most fun he's had with money. Benjamin reflects on lessons from his childhood and the craziest things he's done to earn money. He discusses how his financial habits have changed since becoming a millionaire and shares a closely held belief that he recently changed. Finally, Benjamin offers advice for beginners, emphasizing the importance of learning to sell and embracing mistakes.
Takeaways
*Ben has a diverse background in running a marketing company, investing in real estate, and mining.
*He emphasizes the importance of asset allocation and the need to spread investments across different strategies.
*Ben shares his journey in real estate investing, from renovations to subdivisions and small developments.
*He highlights the significance of return on cash and the potential for higher returns in business investments. Passion for financial freedom and making an impact drives Benjamin Jones.
*His goals include achieving $10 million in liquid assets and helping young entrepreneurs through Youth in Business.
*The $10 million milestone holds psychological significance as the next logical goal.
Measuring impact is important, and Benjamin aims to help 100,000 young entrepreneurs next year.
*Benjamin shares experiences with expensive purchases and the most fun he's had with money.
Lessons from childhood include the value of hard work and the importance of learning to sell.
*Benjamin reflects on the craziest things he's done to earn money and the financial habits he's changed since becoming a millionaire.
*He recently changed his closely held belief that more people on a project lead to better results.
*Advice for beginners includes learning to sell and embracing mistakes.
355: Net Worth Of $6.5M - Finding Balance Between Investing & Spending; When Another Million Doesn't Change Happiness Levels
354: Net Worth Of $5M - Immigrant Day Trading to the American Dream
353: Net Worth of $10M - I Live Better Than A Billionaire
352: Net Worth of $15M - Digging out of a hole for 4 straight years to 3x Inc. 500 CEO
351: Net Worth of $2M+ - Navigating the One More Year Syndrome
350: Net Worth of $350M+ - "The Power of The Human Isn't What You Can Do With Money But Without It"
349: Net Worth of $9M - Coupon Cutting While Ascending to Become a Decamillionaire
348: Net Worth of $12.5+M - I Started As a Janitor
346: Net Worth of $17M - From Big Macs to Race Tracks: McDonalds with a Honda to Software with a Ferrari
345: Net Worth of $1.2M - Livin' La Vida Locum Tenen
344: Net Worth of $1.2M - Another $1 million wasn't going to change my life
343: Net Worth of $1.0M+ - A Corporate America Drop Out to Philanthropist
342: Net Worth of $1.3M - I Paid $1,000 For My Worst Meal Ever
341: Net Worth of $3.5M - Former Air Traffic Controller Cashed in His 401k and Risked It All
340: Net Worth of $1.8M - I didn't start until I was 40
339: Net Worth of $51M - The Sequel
338: Net Worth of $51M - Money Loves Speed: I Started With A Magazine Publication in Ecuador
337: Net Worth of $2.1M - The short term sacrifices were worth it
336: Millionaires Unveiled Year in Review
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