In this compelling episode of Money Grows on Trees: The Podcast, your host Lloyd Ross takes you on a journey through the importance of starting small in your financial and entrepreneurial endeavors. Breaking down the overwhelming notion of “thinking big,” Lloyd shares practical advice and personal anecdotes that highlight the critical first steps towards building wealth, developing new skills, and achieving grand goals. From investing your first dollar to networking by simply saying “hello,” this episode is packed with valuable insights that will transform your approach to money and success.

Timestamps:

- [00:00] - Introduction and Episode Overview

- [00:31] - The Power and Pitfalls of "Thinking Big"

- [01:10] - Starting Small: Lloyd’s $2,000 Investment Story

- [02:23] - The Journey from Small House Talks to Large Stage Presentations

- [03:46] - Embracing Failure as a Key Element of Skill Development

- [06:39] - Practical Networking Tips: Every Connection Starts with “Hello”

- [08:41] - Vision Boards: Turning Small Actions into Big Dreams

- [09:46] - Closing Remarks: Subscribe, Share, and Get Involved in the Community

**Lloyd Ross:**

Lloyd Ross is a former lawyer turned lifestyle entrepreneur and author of the best-selling book "Money Grows on Trees." With a wealth of experience in investment and entrepreneurship, Lloyd is passionate about empowering others to achieve financial freedom. He is a dynamic speaker who has inspired thousands through his public talks, workshops, and online content.

Key Takeaways:

1. **Start Small:** Understand the importance of starting with small, manageable steps towards your bigger goals.

2. **Overcome Fear of Failure:** Learn why embracing initial failure is crucial to developing new skills and achieving success.

3. **Networking Basics:** Discover how simple gestures like saying "hello" can open up enormous networking opportunities.

4. **Vision Boards:** Explore how creating vision boards can help manifest your financial and personal goals through focused actions.

5. **Incremental Growth:** Realize that every big achievement starts with small, consistent efforts.

Resources and Links:

- **Book Recommendation:** "The Magic of Thinking Big" by David J. Schwartz.

- **Lloyd’s Latest Book:**

For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com

You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg

Stay updated with his adventures on Instagram by following @lloydjamesross.

Call to Action:

If you enjoyed this episode, please click the share button, hit the subscribe button, and leave us a 5-star review on Spotify. Join our Facebook group, Money Buys Happiness, and jump into our Telegram channel for more daily money tips. Additionally, don’t forget to grab Lloyd’s latest book to deepen your financial education.

Contact Information:

### Host:

- **Lloyd Ross:** Instagram [@LloydJamesRoss](https://instagram.com/LloydJamesRoss)

### Producer:

- **Phil Better**: [LinkedIn](https://www.linkedin.com/in/thepodcastmogul/)

SEO

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In this enlightening episode of the *Money Grows On Trees* podcast, hosts Lloyd Ross and the Narrator delve into the powerful impact of mindset on investing. Lloyd reveals the transformative power of replacing one simple word in your investment vocabulary to become a better investor. Drawing inspiration from investment legends such as Warren Buffet and his mentor Benjamin Graham, Lloyd explains why viewing stocks as businesses can revamp your entire investment strategy, leading to more informed and profitable decisions. Tune in to discover how this small change can make a significant difference in your investment journey.

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## Timestamps

- **[00:00:03]** - Introduction and Welcome

- **[00:00:06]** - Overview of Investing in Stocks

- **[00:01:40]** - Philosophy Derived from Warren Buffet and Benjamin Graham

- **[00:03:25]** - Practical Examples of Treating Stocks as Businesses

- **[00:05:44]** - How Owning Stocks Translates to Business Ownership

- **[00:06:09]** - Call to Action and Closing Remarks

---

### Lloyd Ross

Lloyd Ross is a former lawyer who transitioned into a lifestyle entrepreneur, focusing on financial education and investment. With a solid foundation built on principles learned from financial giants like Warren Buffet, Lloyd has successfully navigated the world of stocks, real estate, and alternative investments. He aims to demystify the complexities of investing for his listeners, helping them achieve their financial goals through practical advice and transformative insights.

---

## Key Takeaways

1. **Mindset Shift**: Replacing 'stocks' with 'businesses' accelerates investment success.

2. **Warren Buffet’s Insight**: Use Buffet’s approach to view stocks as ownership in businesses.

3. **Long-Term Perspective**: Focusing on business quality rather than short-term price movements.

4. **Portfolio Diversification**: Understanding how index funds pool multiple reputable businesses.

5. **Analytical Approach**: Emphasizing research and due diligence in selecting which ‘businesses’ to invest in.

---

## Resources and Links

For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com

You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg

Stay updated with his adventures on Instagram by following @lloydjamesross.

---

## Contact Information

### Hosts:

- **Lloyd Ross**: [Instagram](https://instagram.com/LloydJamesRoss)

- **Money Grows on Trees Podcast**: [Official Website] (https://lloydjross.com/)

### Producer:

- **Phil Better**: [LinkedIn](https://www.linkedin.com/in/thepodcastmogul/)

---

## SEO Keywords

Investing mindset, stock market investing, business ownership, Warren Buffet investment strategy, Benjamin Graham investment principles, stock market tips, financial education podcasts, how to be a better investor, Lloyd Ross investing advice.

Episode Summary:

In this episode of "Money Grows On Trees: The Podcast," host Lloyd Ross delves into the intriguing world of home equity and how you can potentially leverage it to grow your wealth. With real-life examples and practical insights, Lloyd dispels common misconceptions and outlines crucial steps to consider before making any financial moves involving home equity.

Whether you're a homeowner wondering about the current value of your property or an investor seeking smart strategies, this episode offers valuable lessons to sharpen your financial acumen.

Don't miss out on learning how to make informed decisions with your home's value! Listen now for expert guidance on navigating the complexities of home equity.

Timestamps and Key Sections:

05:56 Insufficient cash flow leads to financial crisis.

06:50 Caution when investing in property is advised.

10:03 Understand details, finances, then leverage sensibly.

Who is The Millionaire Money Mentor, Lloyd Ross:

Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events.

With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing.

He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC.

Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024.

Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors,

Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis.

During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio.

For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com

You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg

Stay updated with his adventures on Instagram by following @lloydjamesross.

SEO Keywords:

money grows on trees, podcast, practical money lessons, financial goals, home equity, leveraging home equity, real estate boom, Australia, United States, property investment, cash equity, mortgage, capital structure, principal place of residence, property depreciation, financial crisis, debt management, interest rates, bank loans, financial journey, investing, borrowing, leveraging, rent yield, property growth, net worth, financial independence, happiness optimization, financial planning, financial education, financial advice.

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The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.

This podcast is produced by Phil Better Inc.

Are you considering buying a new car? Lloyd Ross is here to tell you why that's a financial mistake you might want to avoid.

Want to know why buying a new car is often a poor financial decision? Curious about the depreciation costs and how they eat away at your investment? This episode answers those questions and more, shedding light on the hidden pitfalls of driving a brand-new car off the lot.

Ever wondered how to make a smarter car purchase without compromising on quality? Interested in learning how to avoid the common traps of car financing? Lloyd explains the intelligent way to buy a car, offering practical tips on saving money and maximizing your ROI.

Stay tuned for an inspiring moment where Lloyd encourages listeners to make smarter financial decisions and celebrates savvy secondhand purchases. As always, this episode of Money Grows On Trees: The Podcast is filled with no-nonsense financial education. Don't forget to subscribe, leave a review, and share this episode with someone who needs to hear it!

Money Grows on Trees Team

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In his early twenties, Lloyd's financial journey took a pivotal turn when he immersed himself in "The Snowball," an in-depth biography about Warren Buffett—one of the world's most successful investors. By age 25, Lloyd made his initial foray into the stock market, and by the age of 37, he accomplished his first significant financial milestone, amassing a Million-dollar portfolio without relying on debt.

Inspired by the transformative impact of "Rich Dad Poor Dad," Lloyd, along with his wife and older sister, ventured into a lucrative side hustle. Together, they share their knowledge, teaching others how to cultivate their Money Tree. Within a few months of reaching his initial goal, the side hustle evolved into a thriving venture, generating seven figures in revenue. Now, Lloyd is set to embark on creating another Million Dollar business.

Join Lloyd on his mission to empower everyday individuals to achieve their financial aspirations by exploring his insightful books at www.moneybuyshappinessbook.com.

Stay updated on Lloyd's financial wisdom by subscribing to his Weekly Newsletter: https://bit.ly/3lHzsYs

Connect with Lloyd on Telegram: www.lloydstellegram.com

Don't forget to share your thoughts by leaving a review, and you might just get a shoutout on the podcast: https://open.spotify.com/show/6pfOdzx9NCkDB287546c3r?si=813a418e449c444d

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.

This podcast is produced by Phil Better Inc.

In this captivating episode of Money Grows on Trees, Lloyd Ross delves into the reasons behind the recent stock market correction. Why did heavyweights like Warren Buffett start selling, and what does this mean for everyday investors?

Have you ever wondered what triggers stock market corrections and why they're inevitable? Lloyd not only breaks down the mechanics of Warren Buffett's massive liquidation of his Apple position but also explains the crucial role of the reverse carry trade from Japan. Want to understand why market corrections are a normal part of investing and not something to lose sleep over? Tune in to learn these answers and more.

Stay tuned for a significant inspirational segment where Lloyd shares his personal journey into financial education, and how his own experiences in Dubai ignited his passion for investing. Don’t miss this insightful episode of Money Grows on Trees. Join us in transforming your money mindset and moving closer to your financial goals!

Money Grows on Trees Team

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

In his early twenties, Lloyd's financial journey took a pivotal turn when he immersed himself in "The Snowball," an in-depth biography about Warren Buffett—one of the world's most successful investors. By age 25, Lloyd made his initial foray into the stock market, and by the age of 37, he accomplished his first significant financial milestone, amassing a Million-dollar portfolio without relying on debt.

Inspired by the transformative impact of "Rich Dad Poor Dad," Lloyd, along with his wife and older sister, ventured into a lucrative side hustle. Together, they share their knowledge, teaching others how to cultivate their Money Tree. Within a few months of reaching his initial goal, the side hustle evolved into a thriving venture, generating seven figures in revenue. Now, Lloyd is set to embark on creating another Million Dollar business.

Join Lloyd on his mission to empower everyday individuals to achieve their financial aspirations by exploring his insightful books at www.moneybuyshappinessbook.com.

Stay updated on Lloyd's financial wisdom by subscribing to his Weekly Newsletter: https://bit.ly/3lHzsYs

Connect with Lloyd on Telegram: www.lloydstellegram.com

Don't forget to share your thoughts by leaving a review, and you might just get a shoutout on the podcast: https://open.spotify.com/show/6pfOdzx9NCkDB287546c3r?si=813a418e449c444d

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.

This podcast is produced by Phil Better Inc.