The Mind Of George Show

You’ll Chase Money Until You Die with Ryan Lee

Episode Notes

He was in Indianapolis on a six-month project when his wife called.

His son was drowning. 
Holes in his heart. 
Blood in his lungs. 
Emergency open heart surgery.

In that moment, Ryan realized he had traded everything he said he cared about and was about to lose the one thing he told himself he was doing it all for.

That was the breaking point. This episode is the breakthrough.

Ryan D. Lee is the founder of Wealth Outside Wall Street and bestselling author of Retire in 10 Years or Less. In this conversation, he and George unpack the money story running your business without your permission, the one number that tells you how close to free you actually are, and the six questions that move you from scarcity to abundance to prosperity.

What You’ll Learn In This Episode:

Key Takeaways:
✔️The solution to more is enough. Until you define what enough is, you will chase money until the day you die.
✔️Nobody wants money. They want what it can be traded for. Goals, values, and baseline necessities are the only three places money should go.
✔️Three questions to move from scarcity to abundance: What do I want? Why does it matter? Who must I become?
✔️Three questions to move from abundance to prosperity: Who am I? Why am I? How do I use my gifts in service of others?
✔️Your strike number is the amount of passive income that covers your enough. Most people are closer to it than they think.
✔️Money comes in and out with one root cause: lack of clarity. Define the target first, then build the path.
✔️Fulfillment is the greatest currency. It comes from using your gifts in service of other people. Financial freedom buys you the space to find it.
✔️Retirement is not the ending. Financial freedom is not a destination. Both are the beginning of the real journey.

Timestamps & Highlights:
[00:00] — The hospital call that changed everything
[01:48] — Welcome: the money reteacher and why his perspective is different
[03:21] — The solution to more: defining enough
[07:38] — What money is actually for: goals, values, and necessities
[11:25] — Three questions to move from scarcity to abundance
[13:06] — Money without clarity just flows in and out
[22:12] — What it means to live in the gain with money
[23:55] — Three questions to move from abundance to prosperity
[27:41] — Scarcity to abundance to prosperity: the full model
[35:00] — The two economies and how to use both
[45:00] — The Passive Income Machine: real estate and high-cash-value life insurance
[55:00] — The strike number and how close most people actually are
[1:01:43] — Retire in 10 Years or Less: the book and where to find it
[1:05:11] — Tattoo wisdom: Rise up. Live free.

About Ryan Lee
He is the founder of Wealth Outside Wall Street and bestselling author of Retire in 10 Years or Less, co-written with Robert Allen and Robert Kiyosaki. He has helped thousands build cash-flowing assets through his Passive Income Machine framework.

Instagram: @theryandlee
 

Your Challenge This Week:
Start with one question today: what do I actually want and why does it matter?
Then pick up the book at retireintenyears.com and find Ryan on Instagram.

Follow George: @itsgeorgebryant

Work with George:
The Alliance — Community for entrepreneurs building money and life by design.

1:1 Coaching — Limited spots. Apply at mindofgeorge.com/coaching-consulting/

Live Retreats — In-person experiences for founders ready to rise up.