5 Money Laws That Will Never Change
There are 5 life lessons Ryan Daniel Moran has learned that will lead to true wealth. If anyone understands and applies these they have a better than average chance at creating abundance in their life. In this podcast Ryan reflects on his life's greatest successes and failures when it comes to gaining (and losing) a lot of money. Since life is the result of doing things for a long time that create compounding returns, if you live by these 5 principles you will always consistently grow your wealth. Want to join us at The Capitalism Conference at Austin, TX on April 2024? https://Capitalism.com/CapCon To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at: http://www.Capitalism.com/Million Timestamps: (0:10) - Reflecting On Life & Business Decisions (1:50) - Compounding Returns Explained (4:00) - 5 Lessons That Lead To Compounding Results (4:30) - #1 - Nothing Happens Until Something Is Sold (7:50) - Making More Money In A Job (10:30) - #2 The Inverse Security Vs. Upside Law (12:50) - Predictable Vs. Growth Investing (18:20) - #3 Things To Get Bigger (21:20) - Invest As Though The Market Will Be Up In 10 Years (24:20) - #4 If You Want To Build Wealth, You Have To Own Things (26:00) - Owning A Piece Of A Growing Economy (27:30) - #5 Value Is Subjective. Value Is A Story (30:00) - Company Evaluations Explained (31:00) - Conclusion: Applying The 5 Life Lessons Of Wealth