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The Gold Collar Investor


Aug 30, 2021

In today’s show, Pancham interviews Henry Daas - serial entrepreneur, entrepreneurial coach, and author of FQ: Financial Intelligence.

Henry has always been an entrepreneur at heart - from starting his first company in 1991 to using his experience as a platform to coach aspiring business owners and investors. He even has self-published his book to help you learn everything you need to know about money and wealth! In today’s episode, he’ll share his adventures that got him from where he is today.

We’ll explore his entrepreneurial mindset as he shares his journey, stories that you can relate to, and his passion for coaching. He’ll also discuss the difference between simply being rich and having that fulfillment in your career, questions to reflect on when making decisions, and the pressure in golden handcuffs and how you can break them.

Listen and enjoy the show!

 

Quote:

“I think it's important for you to have a real interest in what it is that you're investing in.”

Timestamped Shownotes:

  • 0:43 - Pancham introduces Henry to the show
  • 2:08 - His entrepreneurial ventures and how his book came about
  • 6:13 - Why you should invest in what you love (and not solely for the money!)
  • 9:15 - The psychology of money that will help in your decisions
  • 12:11 - How HENRYs (High Earner, Not Rich Yet) can get out of golden handcuffs
  • 19:11 - How his book will prepare you on managing your wealth
  • 22:19 - Taking the Leap Round
  • 22:19 - Real estate as his first investment outside of Wall Street
  • 24:42 - On overcoming his fear of the unknown
  • 27:23 - Lessons learned from his real estate investment gone wrong
  • 30:37 - Why investors should explore, start small, and learn to negotiate
  • 33:52 - Henry’s contact information

3 Key Points:

  1. Invest in what you are interested in as a way to achieve fulfillment in your life. There’s a high chance of you losing interest if you’re simply investing for profit.
  2. Identify what your perception of money is and how it represents to you in order to know your place when investing.
  3. Having a coach or a friend to support your decisions and listening to podcasts to learn how to diversify investments can be your first steps towards financial freedom.

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Book: