Ep116: Securing Financial Freedom with Ralph the Legal Trapper

Overview: How to achieve financial freedom?

LoH Key Points

• Entrepreneurship

• Ownership Mentality

• No Middlemen

Entrepreneurship

Entrepreneurship is a path that many take to financial freedom.  It comes with many ups and downs, but the rewards can be amazing.  People have dreams regarding entrepreneurship, but a lot of people simply don’t know where to begin.  If you considering entrepreneurship as your path to financial freedom; our advice is to get started now!  We have your back.  The Legal Trap LLC is a company the provides tools to help people begin their path to entrepreneurship.  Ralph represents them well.  If you need help getting started definitely send them a message.

Ownership Mentality
An amazing jewel that Ralph dropped regarding financial freedom, is having the right mind state.  Ralph suggests having an ownership mentality.  Take ownership of your life, your work, your business, and your projects.  Seek ownership of assets, and limit the liabilities.  The best part about this is that you can start small.  You don’t have to own a 100 acre property.  You can start off by buying 1 share of stock.  Get your mind right, and start owing things that add value.

No Middlemen
An amazing moment in time is upon us.  We have the internet readily available to us where we can interact and engage with each other across a variety of different platforms.  Use the internet as a tool on your path to financial freedom.  With the internet we can cut out the middle men and get straight to the products, as well as the customer base.  The digital realm is full of possibilities.  Look at platforms like uber, and rideshare that provide opportunities in new ways.  Let’s take advantage of our new ability to connect.  With a little innovation you can definitely find financial freedom by using the power of the internet.

LoH Challenge  

Think of a skill, an asset or a service, that you can monetize digitally.  Think of something outside of your traditional job.  If you’re an entrepreneur think of something other than the product or service that you currently provide.  Explore your options and try to make sure it is something that you can back with a digital system.