Key Takeaways:
Chapters:
Timestamp Summary
0:00:05 Introduction and disclaimer about the podcast content
0:00:37 Stonehill Wealth Management and the purpose of the podcast
0:01:16 The concept of “nerd math” and its limitations discussion
0:03:12 Explaining the difference between the reason mind and the imagination
0:04:42 The story of Cain and Abel as an example of nerd math
0:07:47 Discussing the limitations of using data and algorithms in dating
0:09:02 Exploring the mindset of accumulation vs. attraction in wealth
0:10:33 Highlighting the abundance and potential for wealth in the world
0:12:31 Addressing biases and limitations of using past data in decision-making
0:13:05 Phillip challenges the assumptions made by a franchise based on past data
0:13:31 The importance of imagination and creativity in making money in the future
0:14:20 The misconception about bitcoin mining and its potential for energy solutions
0:15:32 The example of a bitcoin mining operation in Corsicana, Texas
0:16:24 The challenge of balancing energy capacity and cost in town development
0:17:32 How a bitcoin miner can reduce energy costs for a town and attract more businesses
0:19:20 The role of bitcoin as a scarce resource and foundation for the digital economy
0:21:15 The power of belief in determining the value of money
0:21:48 The importance of imagination in understanding the potential of bitcoin
0:22:18 Disclaimer and advice on consulting a financial advisor
Powered by Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Financial Planning: The Ultimate Guide on how to get control of your finances
Innovation: Helping women and minority owned businesses find more money for their businesses
Entrepreneurship: ”Where do I find money to start a business?”
Real Estate: The mindset difference between rich buyer and sellers and the middle class
Financial Planning: ”How do I find a job that pays well that I love?”
Wealth Mindset: Working through the emotions of the wealth journey
Business: Smoothie King Business Study Takeaways
Financial Planning: ”How do we find the money to afford children?”
Real Estate: Housing Affordability in the DFW Metroplex
Financial Planning: ”How do I support my aging parents, pay my bills, and save for the future?”
Innovation: Bitcoin at the Center of the New Financial System
Business: The Franchise Business Model
Financial Planning: ”How am I ever going to save enough money to pay for a wedding?”
Real Estate: Managing short term rental properties ”Airbnbs”
Wealth Mindset: ”How do I get out of living this paycheck to paycheck cycle?”
Investing: We are entering the Age (Era) of Women
Business: Studying the Evolution of Smoothie King Management Team
Wealth Mindset: ”How do I overcome the pain of losing money when investing?”
Real Estate: The math around buying and selling AirBNBs
Wealth Mindset: ”Am I letting my family down because I can’t provide them the lifestyle they want right now?”
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast