• Stop Investing! Listen To This First!

  • Jan 12 2025
  • Length: 9 mins
  • Podcast

Stop Investing! Listen To This First!

  • Summary

  • In this episode of the Mind Over Money podcast, Jessen James tackles the controversial question of whether you should be focusing on investing or earning money right now. He emphasises that unless you have surplus cash, the priority should be on generating active income through hard work, leveraging skills, or creating side hustles rather than chasing passive income opportunities. Jessen calls out the common “get rich quick” mindset and urges listeners to evaluate their current efforts, take responsibility, and actively work to create financial stability before considering investments. With his trademark tough love, Jessen provides practical advice and motivation to help listeners make meaningful financial progress.

    Key Takeaways:

    The key takeaway from this episode is the importance of prioritising active income over passive income if you lack surplus cash. Jessen emphasises that hard work is non-negotiable, urging listeners to avoid quick-fix solutions and instead focus on consistent effort and hustle to achieve financial stability. Self-reflection plays a crucial role—evaluate your current energy and ask yourself if you’re truly doing enough to create opportunities. Practical steps include taking on extra jobs, selling unneeded items, or leveraging your skills to start a side hustle. Finally, Jessen debunks the myth of passive income, reminding listeners that it requires initial investment and is unsustainable without a solid foundation of active income.

    Podcast Highlights:

    Jessen debunks the myth of passive income, emphasising that active income is the foundation of financial stability, and confronts the lazy “get rich quick” mindset with tough love, highlighting the importance of disciplined hustle. Offering practical advice, he encourages taking on overtime, selling unused items, or leveraging skills like coaching, public speaking, and freelancing to boost income.

    The episode concludes with a powerful motivational call to action: stop waiting for easy solutions and start creating your own financial opportunities.

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    About the host:

    Jessen James

    Jessen has spoken to and trained thousands of entrepreneurs all over the world and has been 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-31380968

    Twitter: https://twitter.com/jessenjames7

    EMAIL: success@jessenjames.com

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