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🎙️ Episode 445 – Just don't DIE financially. Chad & Darren go over the lessons that actually matter. Learn why cash flow isn’t enough, how to run your rentals like a business, and how to avoid the mistakes that wipe investors out.
▶️ Next Video: How to Become Financially Free with 5 Small & Simple Rentals
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📄 Show Notes:
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🎬 Topics Covered:
00:00 - Don’t DIE! (Financially)
00:41 - Motivation for Financial Freedom
06:52 - Early Founders: prioritize survival over upside
09:13 - Cash Flow vs. Wealth Building
13:12 - Reps, pattern matching, safer early bets
17:14 - Expected value: getting paid for risk
18:54 - Bankroll management and safe early bets
22:09 - Founder Product Fit: Finding Your Edge
27:06 - Using venture debt cautiously
30:55 - Stress testing with realistic what-ifs
32:00 - When to use insurance, and how it helps mitigate risk
37:43 - Time = Real Wealth
43:11 - Insurance for Landlords
43:45 - How to Become Financially Free with 5 Small & Simple Rentals
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