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Pay or Quit
Welcome to Pay or Quit, the podcast for entrepreneurs and business owners who are ready to face the unfiltered truth of what it takes to succeed. Host Shawn Austin Johnson brings you a show that goes beyond the polished success stories and dives into the real, messy, and often challenging aspects of business ownership.
This podcast is designed for those who sometimes feel alone in their entrepreneurial journey, struggle with imposter syndrome, and find themselves on the brink of burnout. We understand the highs and lows you face, and we're here to provide the reassurance and candid insights you need to keep pushing forward.
Shawn and Tony aren't afraid to tackle the tough conversations and offer their seasoned perspectives on what truly matters in business. From industry trends to personal challenges, each episode cuts through the noise and delivers the raw, unvarnished truth. Expect in-depth discussions, spicy takes, and occasional interviews with guests who are ready to confront the hard questions head-on.
Tune in every week to get a behind-the-scenes look at the realities of entrepreneurship. It's not always pretty, but it's always real. Buckle in, because it might get messy.
Pay or Quit
What It Takes To Be A Millionaire: 3 Principles to Becoming Rich
To see if you're a fit for Shawn's exclusive Generational Wealth Framework for PMC owner's program: Schedule here
Mastering Mindset and Financial Discipline for Wealth Building
A dive into essential principles for building and maintaining wealth. They discuss the importance of reshaping mindset, setting clear financial goals, and the power of compounding interest. They also cover strategies for reducing expenses, increasing income streams, and disciplined spending habits. The conversation highlights the balance between leveraging pain and pleasure for motivation and the importance of long-term financial planning.
00:00 Introduction to Mindset and Wealth
00:34 Welcome to the Entrepreneurial Journey
01:06 Defining Riches vs Wealth
01:34 Setting Clear Financial Goals
01:51 The Power of Vision Boards
03:53 Emotional Attachment to Goals
06:38 Adopting a Wealth Mindset
11:28 The Power of Compounding Interest
17:42 Planning for Retirement in Your Fifties
18:14 The Importance of Investing Now
18:43 Maximizing Income and Reducing Expenses
19:59 The Cost of Living and Financial Discipline
21:45 Leveraging Skills and Career Growth
27:45 Living Below Your Means
32:26 Pain and Pleasure as Motivators
35:24 Conclusion and Future Topics
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