Redefining Wealth with Patrice Washington

Wealth Can’t Wait

April 18, 2019

David Osborn is a real estate investor, serial entrepreneur, and the author of a book that was life changing for me. Wealth Can’t Wait is a must read for anyone who wants to upscale their life and wealth. David has founded over 50 companies, employs exceptional people, and has distributed millions of dollars to his partners. He is also an educator who teaches having an abundant life through goal-setting. He is also extremely down to earth, and it’s an honor and pleasure to have him on the show.

Episode Summary:

April is financial literacy month, and I couldn’t think of anyone better to have on the show than David Osborn. His book, Wealth Can’t Wait is the current Pod Club book, and this is my third time reading it. The seven pillars in his book are very similar to the Redefining Wealth six pillars. We talk about planning, taking action, surrounding yourself with the right people, and being accountable. Wealthy people take purposeful action, and David really drives that home in this episode.

CLIFF NOTES

  • Wealth is a CHOICE. You can decide to earn more, spend less, save more, and learn to invest that savings for growth.
  • Don't you deserve financial freedom? Wouldn't it be amazing if you never had to answer to another person for the rest of your life?
  • Develop disciplines that will serve you for a lifetime and make that choice to be wealthy.
  • Learn to take risks and practice thoughtful measured risks. Avoiding risk makes it hard to get ahead.
  • Don't fall into the know-it-all trap. Build knowledge over time and the status will come.
  • Prioritize your tasks by A B and C. Then only do the As. List and prioritize everything.
  • Become purposeful with your actions and focus on your air game, not your ground game or just doing everything that needs to be done.
  • You have to be the CEO of the corporation of YOU. You do the most important stuff and hire people to do the other stuff.

Quotes from the show:

“Money is not rocket science.” - David Osborn

“You're not short on knowledge or capability; you're short on making a choice.” - David Osborn

“There's a lot of ways to get there, but you need to get discipline.” - David Osborn

“Have a disciplined, purposeful approach to building wealth.” - David Osborn

"Develop discipline that will serve you for a lifetime." - David Osborn

“Redefine what winning is for you.” - David Osborn

“You learn more from the failing than you do from the succeeding.” - David Osborn

"Care a lot less about more and care more about less." - David Osborn

“List everything you need to do 1-7 and then focus on the top 3 each day.” - David Osborn

"Am I taking the right actions right now that will serve me for the long term?" - David Osborn

"Wealthy people are so purposeful." - David Osborn

“Take a killer vacation every year whether you think you can afford to or not.” - David Osborn

"Wealthy and successful people are purposeful to their own agenda." - David Osborn

“Become the CEO of YOU, Inc.” - David Osborn  

"Develop discipline that will serve you for a lifetime." - David Osborn

David’s Redefining Wealth Rapid Wisdom Questions

Define Success:

Being able to do what you want to do, with whomever you want to do it with, whenever you want to do it.

Define Wealth in 3 Words or Less:

Abundance, prosperity, and contribution.

One Book that Has Redefined How You See Wealth:

The Giving Tree

Fill-in the Blanks… “My name is ___ and the truth about wealth is ___”:

“My name is David Osborn and the truth about wealth is that wealth is not a destination it's a process, The journey of wealth is one of expansion, personal growth, and miracles if you choose to follow it.”

Links:

Wealth Can't Wait: Avoid the 7 Wealth Traps, Implement the 7 Business Pillars, and Complete a Life Audit Today!

Miracle Morning Millionaires: What the Wealthy Do Before 8AM That Will Make You Rich

Jim Rohn

David Osborn

David Osborn Instagram

@IAmDavidOsborn on Twitter

David Osborn on Facebook

 

This episode is brought to you by Gwendolyn Young at Your Virtual Admin Expert

To advertise on the podcast: www.patricewashington.com/podcastads

Get on the list for Patrice’s Mastermind

Become an Official Purpose Chaser: http://www.iamapurposechaser.com

Join Patrice’s Pod Club: http://www.patricespodclub.com

To check out ALL of our past guests + episodes: www.patricewashington.com/Listen

If you have questions about booking Patrice or sponsoring the podcast, email us at info@seekwisdomfindwealth.com.

Find me in Social Media:

Our podcast hashtag is #RedefiningWealth

Instagram: @SeekWisdomPCW

Twitter: @SeekWisdomPCW

Facebook: @SeekWisdomPCW

YouTube: @SeekWisdomPCW