This is an LFI episode and LFI is now part of PassivePockets.
Join us in this insightful episode of “Passive Investing from Left Field” where our host Jim Pfeifer sits down with Garrett Gunderson, an author and financial philosopher, to dismantle the scarcity mindset and explore how adopting an abundance mentality can lead to wealth creation. Dive into discussions on innovative wealth strategies, real estate investments, and the profound impact of thinking beyond traditional financial myths. Don’t miss out on this transformative conversation!
About Garrett Gunderson
Garrett Gunderson is the author of ten books, including multiple Wall Street Journal bestsellers, with Killing Sacred Cows hitting number 1 and making the New York Times Best Sellers list.
This book, originally titled “What Would the Rockefellers Do?” has been consistently among the top 5 titles in Amazon’s Wealth Management category since its publication.
Garrett is a speaker who uses entertainment to educate and is also a stand-up comedian.
Garrett’s comedy special, the American Ream, produced by Emmy-winner Marty Callner, breaks down all the myths about money through an original stand-up show he performs for corporate events.
Garrett enjoys time at his cabin, especially one-on-one through “Cash Cabin” immersions with clients where he builds their Family Office, Family Constitution, and teaches them how to create their richest life.
You can follow his blog (like it’s 2006) at GarrettGunderson.com/musings or watch videos and interact with him on Instagram @garrettbgunderson
Key Points From The Episode:
1. Garrett Gunderson discusses the harmful effects of a scarcity mindset on wealth and the importance of embracing abundance for financial success.
2. The episode explores various innovative strategies for wealth creation beyond conventional methods, emphasizing real estate and passive income.
3. Insights into the role of innovation and ingenuity in expanding financial opportunities and resources.
4. Practical advice on achieving financial freedom through strategic investments and creating cash flows.
Timestamps:
01:42 His real estate journey
05:48 How did he get started as a teenager?
10:33 Abundance mindset vs. scarcity mindset
13:30 Why cash flow?
17:30 Acceleration velocity and building cashflow
23:01 Cashflow opportunities
26:10 Finding passive cashflow opportunities
30:33 Whole life insurance
34:02 Stand up comedian
36:32 Podcast recommendation
37:58 Contact Garrett
Podcast Recommendations:
Rewatchables: https://www.theringer.com/the-rewatchables
Tosh Show: @toshshow
Joe Rogan: https://www.joerogan.com/
Resources Mentioned:
Contact the guest:
Tiktok: garrettgunderson_
Instagram: garrettbgunderson
Facebook:https://www.facebook.com/garrettbgunderson
YouTube: garrett.live
Advertising Partners:
Left Field Investors:
https://www.leftfieldinvestors.com/
Rust Belt Capital
https://rustbeltcapital.com/
Tribevest:
https://www.tribevest.com/
Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh
https://www.leftfieldinvestors.com/books/