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DN 242 – Sharon Lechter: How to Develop the Mindset to Help You Grow Your Business and Exit

 

Here’s a snapshot of a few things we talked about…

  •         Introduction
  •         Who is the Lois Lane, When It Comes to Sharon Lechter? [00:01:45]
  •         Why Did She Not Follow the Path of Entrepreneurship Early On? [00:08:26]
  •         How Her Parents Reacted When She Quit Her Job at 25? [00:09:32]
  •         How She Became Comfortable with Doing a Partnership Early On? [00:11:19]
  •         Is Having a Plan B in a Partnership Being Negative? [00:12:54]
  •         How She Developed the Mindset of Collaboration Over Competition? [00:17:24]
  •         Why You Should Seek People Who Can Get You to the Next Level? [00:21:58]
  •         Focusing on a Single Project vs. Working with Multiple Teams [00:28:16]  
  •         Did She Ever Felt Like Losing Clarity While Working in Different Arenas? [00:31:44]
  •         Books that She Recommends to People Starting the Journey [00:35:01]
  •         One Thing She Wishes She Had Implemented Sooner to Accelerate Her Journey? [00:36:53]
  •         Where to Find Sharon Lechter [00:39:51]

In This Episode You’ll Learn:

In this episode, Casanova talks with Sharon Lechter. She talks about her upbringing in Florida, how she grew up understanding the value of assets, becoming one of the first women in public accounting, quitting her job at 25, meeting Robert Kiyosaki and working on the Rich Dad series, serving on the first president’s advisory council for financial literacy, why you should plan your exit in a partnership early on, how she developed the mindset of collaboration over competition, and much more. Have a listen.

Key Quotes:

  •         “I grew up in an environment understanding the value of assets and expected that everybody else did too…”
  •         “Why not? Why not do something different? Why not take that path less traveled? And that’s still my philosophy today, and that’s, I think ties in with true entrepreneurs. Why not solve a problem or serve a need? Why not do something, someone else hasn’t done? And that’s really still my mantra today…”
  •         “I volunteered to help Robert [Kiyosaki] commercialize it because it agreed with my philosophy of investing your time and buying, building, creating assets, as opposed to chasing money, time for money…”
  •         “I said maybe we should write a brochure that explains the philosophy that people will then be convinced to spend the $200, and that’s when he asked me to become his partner, and we were equal partners in the company for 10 years, and we wrote 15 books together. But that little brochure that kind of started it all was named Rich Dad, Poor Dad…”
  •         “Sometimes you have to close one door for other doors of opportunity to open…”
  •         “Every night growing up, my dad would ask me, Sharon, have you added value to someone’s life today? and he’s been gone 16 years, but I still ask myself that every single night…”
  •         “[My parents] were a little surprised when I left public accounting, but they were never judgmental. They were always there to support me and basically their message to me growing up as you can do or be anything you want to, if you just put enough effort and energy into it…”
  •         “[Plan B] it’s really not attracting the negative. It’s actually creating an opportunity for maintaining the relationship, no matter what happens with the business…”
  •         “I knew I wanted something better. I knew I wanted to elevate myself, and I knew that I could not do that just simply by myself. I had to get the education. I had to meet the right people. I had to find the right mentor…”
  •         “When I start working with people, when I write books is to address that power of association and that fear and turn that fear into energy, into faith for yourself…”
  •         “Ask yourself, where do you need help? Passion, talent, association action, faith, and start focusing on how you can take that next level…”
  •         “You want to make sure you have the expertise, but you can own a business, not be in the business…”
  •         “When you find yourself worrying about something, just catch yourself and say, instead of focusing on what I don’t want to have happen, let’s focus on what I do want to have happen…”

 

Links/Resources:

  •         Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter.
  •         Rich Dad’s Guide to Investing by Robert Kiyosaki and Sharon Lechter.
  •         The CashFlow Quadrant by Robert Kiyosaki and Sharon Lechter
  •         Three Feet from Gold by Greg S. Reid and Sharon Lechter
  •         Think And Grow Rich for Women by Sharon Lechter
  •         Outwitting The Devil by Napoleon Hill
  •         Success and Something Greater by Sharon Lechter
  •         Exit Rich by Sharon Lechter
  •         How to Win Friends and Influence People by Dale Carnegie
  •         Good To Great by Jim Collins
  •         The 7 Habits of Highly Effective People by Stephen R. Covey
  •         The Ultimate Gift by Jim Stoval
  •         personalsuccessequation.com
  •         mm.sharonlechter.com
  •       www.linkedin.com/in/sharonlechter/
  •       https://www.instagram.com/sharonlechter/
  •         info@ sharonlechter.com

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