Beginning with the End in Mind
Do you have an end point for freedom? There are various freedoms, but financial freedom is the first freedom. Your financial freedom is gained by having enough passive income – generated by your investments – […]
Author: AlexLerma
Leveraging Partnerships
Let’s talk today about leveraging partnerships. Business partnerships can be tough, but I’m not a fan of the particular ways that we tend to think of them. A true collaborative partnership is when you have […]
Why Your Freedom Number is so Important
In Freedom Founders, we talk about a financial metric called your “Freedom Number.” This is your monthly passive cashflow, before tax, that can support your overhead lifestyle. If your investments produce enough passive cashflow to […]
Making More Money Isn’t the Answer
“I take home $300k per year from my practice. I’m in my mid-fifties, still putting some kids through school, and I never have enough extra money to invest. I’m behind the 8-ball and concerned about […]
What are Alternative Investments?
Recently someone asked me: “What do you mean when you say ‘Alternative Investments’?” It’s a great question. Often we get accustomed to our vernacular and forget that others don’t always know what we’re referring to. […]
What is Passive Income?
What is passive income? How would I define it? Passive income is money that’s earned with minimal activity and minimal ongoing management or oversight by the investor. That could be putting money in the bank […]
The Real Money is Always in the Follow Up
Where is the real money in any business? It’s always in the follow-up. What do I mean by that? At a business meeting, I met a man whose business is raising capital for investments. He […]
Rant – You’re Not Smart Enough to Figure it All Out By Yourself
I’ve got a bit of a rant today… Getting through the stages of formal education, into practice, and excelling at the craft in which you’ve trained is a great achievement. My professional dentistry colleagues are […]
Focus on Cashflow
We all know cash flow is the oxygen for your business – but it’s also the oxygen for your “retirement”. To get off the active treadmill of trading time for dollars, cash flow is king. […]
Leverage is the Key to Growth
One principle I constantly emphasize is: all growth comes from leverage. But what exactly is leverage? A lot of people think of leverage in terms of financial growth, and that is a part of it […]
