How Small Steps Can Lead to Big Financial Success
Listen now
Description
Join Lloyd Ross in this insightful episode of "Money Grows On Trees: The Podcast," where he explores "The Magic of Thinking Small." Despite common advice to think big, Lloyd discusses the profound impact of starting small. From transforming a modest $2,000 investment into a million-dollar portfolio to the incremental steps necessary for significant growth, this episode is filled with practical advice for aspiring entrepreneurs and investors. Timestamps - **[00:00]** Introduction to "The Magic of Thinking Small" - **[00:03]** The importance of realistic thinking in taking action - **[00:31]** Lloyd’s journey: From a $2,000 investment to a million-dollar portfolio - **[01:50]** Importance of starting small in public speaking - **[03:26]** The role of network marketing in building speaking confidence - **[04:22]** Embrace failure as a part of learning new skills - **[07:20]** Building connections by simply saying “hello” - **[09:25]** Vision boards and the power of small steps in achieving big goals - **[11:01]** Importance of preparing for opportunities - **[11:48]** Call to action and closing remarks Host's Bio **Host:** Lloyd Ross **Background:** Lloyd Ross is a former lawyer turned successful lifestyle entrepreneur. He has garnered a wealth of experience in investing and entrepreneurship, which he shares through his podcast, books, and public speaking engagements. Lloyd is also known for his award-winning podcast, "Money Grows On Trees," where he inspires and educates listeners on achieving financial freedom. Key Takeaways 1. **Start Small:** Every million-dollar portfolio begins with the first dollar. 2. **Incremental Growth:** Small steps accumulate over time to create significant success. 3. **Embrace Failure:** Every new skill starts with failure; don’t be afraid to suck at first. 4. **Build Connections:** Say hello to build your network—every connection starts small. 5. **Vision Boards:** Use vision boards to focus on and visualize small, actionable steps towards big goals. Resources and Links - **Join Lloyd’s Telegram Community:** [loydstelegram.com] - **Lloyd’s Latest Book:** [Money Buys Happiness] Call to Action If you found value in this episode, please share it with someone who needs to hear it. Hit the subscribe button and leave us a 5-star review on Spotify. Don’t forget to share it on your Instagram stories and tag Lloyd for a reshare. Contact Information - **Host Instagram:** [@LloydJamesRoss]() - **Producer Instagram:** [@ThePodcastMogul] SEO Keywords Money Grows on Trees, Lloyd Ross, thinking small, money lessons, investing, entrepreneurship, financial goals, action steps, small actions, portfolio, million-dollar portfolio, Westpac Banking Shares, network marketing, Telegram, money mindset, financial education, starting small, failure, skills development, connection building, hello, vision boards, The Secret, speech therapy, network building, donations, racehorse investment, small steps, success, wealth, career development.
More Episodes
In this episode of Money Grows on Trees: The Podcast, host Lloyd Ross dives into the pervasive myth that you need to be wealthy to start investing. Lloyd deconstructs this belief and offers practical advice on how anyone can begin their investment journey with even small amounts of money. From...
Published 11/11/24
In this episode of Money Grows on Trees, hosts Lloyd Ross and Ed Wright dive deep into the concept of the 'Circle of Competence,' offering listeners a blueprint to focus their investment strategies and build substantial wealth. Drawing inspiration from investing legend Warren Buffett, Lloyd...
Published 11/04/24