005 Wealth Building and Failure in Business

from Building Your Money Machine · host Mel Abraham

Today, we will talk about wealth-building entrepreneurship and why businesses fail. We will discover the mind frames that affluent entrepreneurs need to understand and adopt, and that will set them apart from treadmill entrepreneurs. What You Will Learn In This Episode: - What is the main difference between treadmill and affluent entrepreneurs - The three mind frames on an affluent entrepreneur, and why mind frames are different from mindsets - The idea behind creating several business plans for our entrepreneurial endeavors - What happens when we have conflicting mind frames Some entrepreneurs feel comfortable with only one or two of the three affluent entrepreneurs' mind frames, and it often ends up with their business failing. We are the CEO not only of our company, but of our legacy, and that's why we must know how to wear every hat and feel confident with all three affluent entrepreneurs' mind frames. Resources: - Affluent Entrepreneurs Private Facebook Group https://www.facebook.com/groups/affluenceblueprint - Career Explorer - How much money can you make with an entrepreneurship degree? https://www.careerexplorer.com/degrees/entrepreneurship-degree/salary - The 3 Mind- Frames ™ of an Affluent Entrepreneur Graphic https://melabraham.com/wp-content/uploads/TAE-005-3-Mind-Frames-of-Affluent-Entrepreneur.pdf - My website https://melabraham.com/ - The Entrepreneur's Solution: The Modern Millionaire's Path to More Profit, Fans and Freedom, a book by Mel Abraham https://www.amazon.com/Entrepreneurs-Solution-Modern-Millionaires-Freedom/dp/1630473308/ - Find me on Facebook https://www.facebook.com/melhabraham/ - Find me on Instagram https://www.instagram.com/melabraham9/ - Find me on LinkedIn https://www.linkedin.com/in/melhabraham/ - Find me on Twitter https://twitter.com/MelHAb - Find me on YouTube http://www.youtube.com/user/MelHAbraham

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This episode was published on May 7, 2021.

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