Money Mastery - Part 3: Understanding Your Risk To Reward Ratio

Jessen presents the third part of an incredible new masterclass, devoted to helping you become better at managing money, and aiming to guide you in the world of financial investment. In this episode, Jessen talks about the importance of recognising your risk-to-reward ratio, how it affects every investment you make, why your personal brand matters, and the steps that you can take to safeguard partnerships and investments through due diligence KEY TAKEAWAYS Intellectual property is one of the more overlooked investment areas, but can prove equally as effective, providing residual passive income. There are two ways of entering the property investing space - controlling other people's assets and controlling the assets yourself. Before investing in anything, always do your due diligence. It's vital that the numbers work for you, and that the people you're investing in or with, are reliable and can be counted upon. Always put contracts in place when you are investing. Make sure that your investment is safe, as you are not protecting your money, but your brand and reputation BEST MOMENTS 'If any of you have knowledge in your head right now, then you should turn that into intellectual property' 'Anything can become an investment if you look at it in a creative way' 'Property is consistently on an upwards trend' 'Agreements avoid disagreements' VALUABLE RESOURCES Mind Over Money Podcast - https://omny.fm/shows/mind-over-money ABOUT THE HOST Jessen James Jessen has spoken to and trained thousands of entrepreneurs all over the world, and has featured on Channel 5's Rich House Poor House. Having built, bought and sold multiple businesses himself, Jessen has had some amazing wins and some rather spectacular fails too! He now dedicates his time to serving others to better their lives and businesses by sharing his learnings. Get in touch today. CONTACT DETAILS Website - https://www.jessenjames.com/LinkedIn- https://uk.linkedin.com/in/jessen-james-%F0%9F%91%88%F0%9F%8F%BD-31380968Twitter - https://twitter.com/jessenjames7EMAIL [email protected]  This show was brought to you by Progressive Media