One of the most challenging parts of achieving comfort and success in life that nobody talks about is how you continue moving forward. Many people face the challenge of identifying what their next step would be because they’re already at a good place but if you’re not challenging yourself and working hard to maximize your potential, that means you’re slowly going backwards – and that’s something nobody wants.

Listen to this episode to learn what it’s like to be stuck in comfort, why we should continuously seek out growth, and how you can make sure you’re finding ways to maximize your potential!

Key Talking Points of the Episode

00:00 Introduction

02:25 What is the struggle we’re facing in identifying the next step for us?

04:33 Why is it important to learn how to maximize your strengths?

06:30 What could happen if you stay in your comfort zone?

07:59 What is the value of having an impact on other people’s lives?

09:34 How can you find a deeper purpose in life?

11:54 How can you use your experience to help other people get comfortable?

14:02 What could your future look like if you took action and used your skills today?

15:00 How can you maximize your potential today?

Quotables

“I believe most of life is about giving to others – to be able to use your talents to help other people, to inspire other people, to get people in a better position.”

“What keeps you going is the bigger “why”, so one of our biggest goals right now is to donate $1 million to Gervais Syndrome.”

“I believe wholeheartedly that if you stay where you’re at, you’re actually dying, slowly and steadily.”

Entrepreneurship is a wonderful journey and it can give you a beautiful future if you learn how to do it the right way, but it’s not for everybody and that’s okay. With so many people taking their stories to social media today, telling you “anyone can do it”, you have to make sure you really know what you’re getting yourself into before you make major decisions that could affect other aspects of your life.

Listen to this episode to learn more about the journey into entrepreneurship, the truth behind taking the leap of faith, and what our experience has been like as we built Budgetdog!

Key Talking Points of the Episode

00:00 Introduction

01:35 How did we get interested in entrepreneurship?

03:22 What were the early years of business like for us?

05:19 How much responsibility will you have as you start your own business?

07:18 How would people see your success from the outside?

10:53 What is hard work really like in entrepreneurship?

14:10 How much would you need to sacrifice to build a successful business?

15:25 What can you do to be more disciplined as an entrepreneur?

18:26 How much are entrepreneurs risking to achieve success in business?

20:52 What was the transition from corporate to entrepreneurship like for us?

24:20 What was my motivation to make the business work?

29:04 What should you keep in mind when you look at successful entrepreneurs?

Quotables

“I wanna remind everybody that the mindset for entrepreneurship isn’t for everybody and that’s okay.”

“If you don’t build yourself up as a better quality person, your business will fall on its face really fast and you gotta change very fast. Adaptability is one of the biggest traits I see in highly successful people.”

“You might start 3 steps behind, you might also start 3 steps ahead, and ultimately it doesn’t matter. The cards that you were dealt, you need to figure out to use this to the best of your ability.”

Links

Website: Budgetdog

https://budgetdog.com/

Instagram: Brennan Schlagbaum

https://www.instagram.com/budgetdog

Heather Brito is an experienced trauma psychologist and coach who helps people understand the connection between their mind and their financial behavior. She uses her expertise in psychology to uncover the things that need to be changed in order to become mentally and financially healthy and she is with us today to talk more about the importance of your mindset to your financial situation.

Listen now to learn more about financial psychology, the real reason we struggle with finances, and what we can do to get ourselves in better financial situations!

Key Talking Points of the Episoder

00:00 Introduction

01:13 Who is Heather Brito?

02:06 How does the lack of financial literacy hold people back from success?

06:07 What is negative cognition and how does it affect your finances?

09:24 What is the real reason for emotional spending?

14:24 How can you overcome your negative cognition?

21:10 What is the importance of understanding the psychology behind your finances?

22:15 How does negative cognition trigger impulsive behavior?

26:44 What are the psychological barriers that hold people back from financial success?

28:58 What can people do to change their financial future?

31:40 What is the reality behind what people see as “rich”?

34:14 Why is it important to be intentional with your finances?

39:29 How do cognitive biases hold you back from making better financial decisions?

42:52 How will awareness of your negative cognition help you overcome cognitive biases?

45:54 What is Heather’s advice for people who want to get to better financial situations?

46:13 How can you connect with Heather?

Quotables

“If I don’t know something and I wanna learn a little more about it or I feel dumb, I’m probably gonna get a book, join a webinar – I’m gonna do something like that to get a little more knowledge if it’s something I’m struggling with.”

“It’s perspective, it’s at no fault of anyone. It’s what someone perceives.”

“If it’s a strong positive fact, you usually can’t argue with it. That will shift you out of the part of the brain that holds the negative cognition.”

Links

Website: Heather Brito

https://www.heatherbrito.com/