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#452. The Cash Flow Secret: How to Buy Back Your Life with Ryan D Lee

#452. The Cash Flow Secret: How to Buy Back Your Life with Ryan D Lee

FromThe BluePrint with Dr. Erik Korem


#452. The Cash Flow Secret: How to Buy Back Your Life with Ryan D Lee

FromThe BluePrint with Dr. Erik Korem

ratings:
Length:
14 minutes
Released:
May 6, 2024
Format:
Podcast episode

Description

Are you trapped in the corporate rat race, trading your life for a paycheck?
In this powerful episode, financial expert Ryan D Lee shares his personal journey of climbing the corporate ladder, only to realize he was sacrificing everything that truly mattered. After a health scare with his son and watching his retirement accounts plummet in 2008, Ryan had a wake-up call. He discovered that net worth means nothing; what matters is how much income your assets produce.
Discover:

Why trading your life for a paycheck is a losing game
The critical mindset shift from net worth to cash flow
How to determine how much income your assets need to generate
Why financial freedom is a lifestyle, not a retirement destination
The power of investing for consistency, predictability, and rising income streams

Ryan’s Resources: Wealth Outside of Wall Street
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Quotable moments:
"I realized at this moment, after my 401k dropped like a rock, I was left with about 28,000 in my account. And I did contemplate quitting at that moment because I didn't want to be on the road. I didn't want to live in a different state than my family. I wanted to be that husband that I kept telling myself one day I'll become." - Ryan D Lee
"My net worth means nothing. What actually matters is how much income my assets produce. I only owned four months of my time after five years in the corporate world." - Ryan D Lee
"If that's true, then the objective of savings is to understand money enough to buy our life, i.e., our time back." - Ryan D Lee
"I believe financial freedom – it's a lifestyle. It's not a destination like retirement. It's a lifestyle." - Ryan D Lee
 

ABOUT THE BLUEPRINT PODCAST:
The BluePrint Podcast is for busy professionals and Household CEOs who care deeply about their families, career, and health. Host Dr. Erik Korem distills cutting edge-science, leadership, and life skills into simple tactics optimized for your busy lifestyle and goals.   Dr. Korem interviews scientists, coaches, elite athletes, entrepreneurs, entertainers, and exceptional people to discuss science and practical skills you can implement to become the most healthy, resilient, and impactful version of yourself.
On a mission to equip people to pursue audacious goals, thrive in uncertainty, and live a healthy and fulfilled life, Dr. Erik Korem is a High-Performance pioneer. He introduced sports science and athlete-tracking technologies to collegiate and professional (NFL) football over a decade ago. He has worked with the National Football League, Power-5 NCAA programs, gold-medal Olympians, Nike, and the United States Department of Defense.
Erik is an expert in sleep and stress resilience. He is the Founder and CEO of AIM7, a health and fitness app that unlocks the power of wearables by providing you with daily personalized recommendations to enhance your mind, body, and recovery.
SUPPORT & CONNECT
Instagram - https://www.instagram.com/erikkorem/
Twitter - https://twitter.com/ErikKorem
LinkedIn - https://www.linkedin.com/in/erik-korem-phd-19991734/
Facebook - https://www.facebook.com/erikkorem
Website - https://www.erikkorem.com/
Newsletter - https://adaptation.beehiiv.com/subscribe
 
 See omnystudio.com/listener for privacy information.
Released:
May 6, 2024
Format:
Podcast episode

Titles in the series (100)

The BluePrint Podcast is for busy professionals and Household CEOs who care deeply about their family, career, and health. Host Dr. Erik Korem distills cutting edge-science, leadership, and lifeskills into simple tactics optimized for your busy lifestyle and goals.   Dr. Korem interviews scientists, coaches, elite athletes, entrepreneurs, entertainers, and exceptional people to discuss science and practical skills you can implement in your life to become the most healthy, resilient, impactful version of yourself.   On a mission to equip people to pursue audacious goals, thrive in uncertainty, and live a healthy and fulfilled life, Dr. Erik Korem is a High Performance pioneer. He introduced sports science and athlete tracking technologies to collegiate and professional (NFL) football over a decade ago, and has worked with the National Football League, Power-5 NCAA programs, gold-medal Olympians, Nike, and the United States Department of Defense.   Erik is an expert in sleep and stress resilience, and he is the Founder and CEO of AIM7, a wellness app that provides custom exercise recommendations to improve the outcomes of programs and workouts you already love. It unlocks existing data from wearables and other apps to provide empathetic and scientific guidance that’s perfectly in tune with your mind and body.   SUPPORT & CONNECT   Instagram - https://www.instagram.com/erikkorem/ Twitter - https://twitter.com/ErikKorem LinkedIn - https://www.linkedin.com/in/erik-korem-phd-19991734/ Facebook - https://www.facebook.com/erikkorem Website - https://www.erikkorem.com/ Newsletter - https://erikkoremhpcoach.activehosted.com/f/1   QUOTES   “The key is using stress and being able to adapt to it and improve. That’s what high performance is to me, the ability to adapt rapidly so you can achieve your potential. There are five key pillars to creating the conditions for adaptability: sleep, exercise, mental resilience, nutrition, and community/relationships.” - Dr Erik Korem   “I maybe have a different concept on leadership. To me, leading is a verb. If you’re leading, you’re a leader. If you’re swimming you’re a swimmer, if you’re driving you’re a driver. If you’re leading you’re by definition a leader. I define leading as being looked to in a particular moment to make a decision or perform an action based on your unique gifts and abilities. So by that definition, everybody is a leader. All rank and role really describe is how many people are hoping you get it right when it’s your turn to wear the weight.” - Clint Bruce