Why Would You Borrow From Your Future? - Jack Gibson

When we find ourselves in terrible situations, we sometimes resort to borrowing from our future. What does borrowing from your future really mean? Today’s guest, Jack Gibson, talks about that in this episode. Jack is an entrepreneur, wealth-building strategist, and podcast host. Although Jack has always been a good entrepreneur, there was a time when he was financially illiterate. Spending the past 5 years with hundreds of hours of podcasts, books, interviews, and even hosting his own real estate investing show to learn from other experts, Jack has compiled the knowledge and experience to create an educational platform called Indestructible Wealth. In this episode, Jack talks about his amazing journey to indestructible wealth. He also shares how he fought adversity and why borrowing from our future is not a good thing. Jack will also share a seven-step plan that you can follow to achieve indestructible wealth. [00:01 - 02:22] Opening Segment I introduce Jack to the show How you can connect with Jack [02:23 - 10:48] The Path to Indestructible Wealth Jack shares his journey to indestructible wealth Always wanting to be an entrepreneur Multi-level marketing and starting real estate Finding significance after the success Helping other people Creating an educational platform Finding fulfillment [10:49 - 31:16] Dealing with Adversity and Having a Good Heart Who helped Jack along the wayHaving mentors Getting misguided advice Dealing with fears and adversity Jack talks about some of his bad investments People who would hate him Jack on forgiving himself What Jack would have done differently Hitting rock bottom Jack’s thoughts on having a good heartProviding good value [31:17 - 50:11] Don’t Borrow From Your Future Why would you borrow from tomorrow? Why it never works out Don’t borrow, invest Diving deeper into indestructible wealth Your whole well-being is wealth Multiple streams of passive income Jack shares the seven-step plan to indestructible wealth [50:12 - 56:23] Closing Segment Jack answers the four closing questions Final words Tweetable Quotes: “Adversity really shows us who we really are, and it’s a really great thing. " - Jack Gibson “I just have that firm belief all the way down to my very core that if I just keep putting good out and keep putting good value out there, it's going to come back to me and I'm going to be blessed.” - Jack Gibson “Philanthropy is a way of life. It's not a place that you arrive at.” - Jack Gibson Connect with Jack via email and LinkedIn! Resources Mentioned: My Indestructible Wealth My Indestructible Wealth Podcast LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes. Dreamcatchers is an inclusive organization that targets people’s interest in being more instead of a certain demographic. We have people from all walks of life at many different ages. Find out more at www.dreamsshouldbereal.com. Find out more about Jerome at www.d3v3loping.com or www.myersmethods.com. Learn more about your ad choices. Visit megaphone.fm/adchoices