How to Build Financial Freedom in 2023

The successful entrepreneurs of Wealth Factory get asked a lot about how to build financial freedom all the time. The answers are different today than they were 25 or 30 years ago! In today’s episode, you are going to learn about the 2 hidden secrets to building wealth: Mental Capital and Relationship Capital. These two highly underrated forms of capital secrets are the keys to financial freedom that many successful entrepreneurs wish they had known about years prior because it would have saved them time, money, and personal energy. And don’t miss out on the end of the episode to gain access to Wealth Factory’s exclusive Financial Freedom Formula. 4 Golden Keys the Rich Use to Build Wealth (and the Poor Don’t Know Exist).

Building Mental Capital and Relationship Capital also helps entrepreneurs enjoy their own lives in deeper and more profound ways TODAY. This is important because the pathways to true and lasting wealth have changed dramatically over the past several years. The old ideas of gaining entrepreneurial success through going it alone, burning the midnight oil, sacrificing personal enjoyment, and neglecting relationships until an indeterminate time when FINALLY we can relax and enjoy the fruits of our labor—This formula just doesn’t work anymore, and to be honest, it was never the best way to build wealth. It was just the most widely recognized and culturally commended path to success, and so entrepreneurs imitated it for years.

So What Is Mental Capital and Relationship Capital?

Mental Capital is all about mindset and clarity of vision. There is a formula for aligning our mental pathway with our ultimate financial freedom, and Wealth Factory presents that formula in today’s episode. 

Relationship Capital has proven itself so much more valuable to an entrepreneur’s success than ever before. Personal Relationship Capital is shockingly valuable to the success of an entrepreneur, and we will go into more detail about that in the episode. In terms of professional Relationship Capital, we at Wealth Factory know that so many entrepreneurs are not geographically located where they can meet with people on a day-to-day basis, and entrepreneurism is not for the faint-hearted, in large part because it can be very, very lonely. The community at Wealth Factory is so helpful for bouncing off ideas, avoiding common mistakes, and comparing notes regarding common obstacles and nuanced situations. We encourage all entrepreneurs, not only to seek out smaller intimate groups but look for those larger groups that are very aligned with the way you think and the way you do business.

In today’s episode, we do a deep dive into both of the powerful wealth-building principles of Mental Capital and Relationship Capital and leave you with an excellent resource for building wealth in a better way: The Financial Freedom Formula, so be sure to watch the entire episode so you don’t miss out.