Entrepreneur vs. Employee Path to FI (Mad Fientist Replay)

We (Cody and Justin) have both achieved financial independence through drastically different paths. This episode was a takeover episode for The Mad Fientist's podcast where we break down the similarities and differences between an employee's path (Justin) and an entrepreneur's path (Cody) to FI! Highlights: * Live-in flip vs. house hacking * The sweet spot for buying used cars * Why focusing on fixed expenses is important * How to 5x your corporate income * The unlimited upside of entrepreneurship * How to get started investing if you're scared/nervous * Nest-egging vs. cash-flowing your way to financial independence * The benefits of a Solo-401(k) for entrepreneurs * Why the corporate world is great for certain types of people * Benefits and downsides of entrepreneurship * Why it's important to not keep up with the FI Joneses either If you got value out of this episode, please share it with a friend! Links From the Episode * The Mad Fientist's Podcast * Our Mega Backdoor Roth Episode * The Mad Fientist's Mega Backdoor Roth Article * Mad Fientist's Twitter Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! * Grab the Ultimate FI Spreadsheet * Join our Facebook Group * Leave us a voicemail * Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts CodyDBerman.com (Cody’s Blog) Saving-Sherpa (Justin’s blog)

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Cody Berman and Justin Taylor believe in the concept of "Financial Independence For All". The Financial Independence Show focuses on REAL stories of individuals on their journey to financial independence. Each episode aims to include actionable insights and takeaways for listeners to implement into their own financial situation. The podcast covers topics like building wealth, entrepreneurship, investing, money mindset, small business, frugality, geoarbitrage, side hustles, real estate, productivity, travel, and so much more. Sit back, tune in, and join a community of like-minded people who are changing their lives through financial independence.