Equity + Passive Cash Flow = Time

Picture of by Dr David Phelps

by Dr David Phelps


  just finished a great Group Blueprint Days here in Dallas. I do these with my wife Kandace about once per month, and we always have a great group of people.

 The caliber of people who come never disappoints us. 

Here's the big takeaway that people really come away with when they go to the Blueprint Days, and resolve to change the dynamics of what they're doing in their life, with their business, their practice, and their time. And that is – that in order to create cash-flow, i.e. income (which we all need to have), we have to trade our time.

That's what we learn to do. We go to school, we get skill sets, we get an education, we get training, we get licenses, whatever it takes to go out into the world. And we trade our labor and our skill sets to create income. We're paid for trading our time. That's the way the world works.

That's what we're taught. And we're taught that to make more money, we need to work harder, or gain greater skill sets. There’s nothing wrong with that, except that it turns into a hamster wheel or a treadmill with an incline, and it’s getting faster all the time. And you can't keep up. 

Look, we have an inflation rate today that's well beyond the 40 year average of the last four decades, and people cannot keep up. We have tax rates going up. And if you continue on this path, and think you can outrun both inflation and tax rates, you're sadly mistaken. 

So what's the answer? 

The answer, which I learned 40 years ago, a little bit by mistake but also because I was always curious, was to acquire, create, or build assets. Assets to create the passive cash-flow, the revenue, the passive revenue streams. That cash-flow, created by the assets, not by me, not by you, is what gives us back our time. 

Think about it: Time is what we really want. We work all our life really, really hard to try to accumulate enough financial assets that we can take our foot off the gas pedal and finally breathe. That’s what most people call a “retirement age”, and that usually happens in your late sixties or seventies. Today, it's only going to get harder to do that. 

Once you understand that creating real assets – that can be a business, although my favorite is real estate, but a combination thereof could work for some people – once you understand that by focusing on the investment, creation, or acquisition of real assets, managed by someone other than you – that income, that revenue stream from those assets, is what actually sets you free.

Once you understand that, it will change the dynamic of how you live the rest of your life. That's the wake-up call I'm giving to you. 

Now, if you don't understand this, or if you want to understand how to do it, then connect with us

We’d love to show you how, if you're interested and you're committed to living life in a different way than the majority.
To your freedom!

P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :

1. Schedule a Call with My Team:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest. www.freedomfounders.com/schedule

2. Become a Full-Cycle Investor:

There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a free report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.

3. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

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