060 Coach Radio – Making Money is Moral: Part 2
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060 Coach Radio – Making Money is Moral: Part 2
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This is part two of a two-part series. My guest is James Dibben and we’re talking about Daniel Lapin’s book, Thou Shall Prosper, and Ten Commandments for Making Money. (Here’s Part 1) James is also the host of the Blue Collar Business Podcast.
Jews constitute about 2.3% of the U.S. population. That means an average year should show about nine Jews on the Forbes 400, a list of the 400 wealthiest American.
Depending on the year, there are normally between 60 and 100 Jews on the list. We talk about those 10 Commandments in this episode (and episode #58).
Ten Commandments for Making Money, from Thou Shall Prosper
6. Learn to foretell the future
Learn from the experiences of others – Dan Miller, Dave Ramsey, Daniel Lapin. All bounced back from financial ruin. Goal setting is seeing the future.
7. Know your money
What you do with your money is a window into your priorities. Where is your money going? The pursuit of money is a pursuit of yourself.
8. Act rich: Give away 10 percent of your after tax income
Giving to charity jump starts wealth creation. Charity focuses you outside of yourself.
9. Never retire
Integrate your vocation and your identity by thinking of life as a journey rather than a destination. There is no word in the Bible for retire. If you love what you do why would you ever want to retire?
10. Extend the network of your connectedness to many people
The secret of partnership power – befriend many people a rung or two above and below your financial level, then find ways to help them achieve their goals. Showing you care for others will draw in new connections – In twitter if I see NO or very few @ replies or RT of other users’ content I won’t follow.
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