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Adrian Brambila

๐Ÿ‘ค Speaker
531 total appearances

Appearances Over Time

Podcast Appearances

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

Generous things? Would you retire your parents? Would you start a business? There's only actually only one answer. If you have a rich mindset, you invest 100% of it. Nope. You don't even take a little bit out. You invest 100%.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

Generous things? Would you retire your parents? Would you start a business? There's only actually only one answer. If you have a rich mindset, you invest 100% of it. Nope. You don't even take a little bit out. You invest 100%.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And then what you would do is you, there's a concept in finance called the 4% rule, which is you take 4% of that a year from the earnings, just based on average stock market returns, which is say is $40,000 a year. And then with that 40,000, that's what you use to do. Invest that business that you always want to start with. Cause you know what?

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And then what you would do is you, there's a concept in finance called the 4% rule, which is you take 4% of that a year from the earnings, just based on average stock market returns, which is say is $40,000 a year. And then with that 40,000, that's what you use to do. Invest that business that you always want to start with. Cause you know what?

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And then what you would do is you, there's a concept in finance called the 4% rule, which is you take 4% of that a year from the earnings, just based on average stock market returns, which is say is $40,000 a year. And then with that 40,000, that's what you use to do. Invest that business that you always want to start with. Cause you know what?

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

If you do start a business and I'm an entrepreneur, 95% fail. If you do want to invest and pay off and go on vacation. And by the way, if you want to invest in business, that's great. And if you lose because you're only taking 4% out, guess what? Next year, you'll have another $40,000 to try again and try again.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

If you do start a business and I'm an entrepreneur, 95% fail. If you do want to invest and pay off and go on vacation. And by the way, if you want to invest in business, that's great. And if you lose because you're only taking 4% out, guess what? Next year, you'll have another $40,000 to try again and try again.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

If you do start a business and I'm an entrepreneur, 95% fail. If you do want to invest and pay off and go on vacation. And by the way, if you want to invest in business, that's great. And if you lose because you're only taking 4% out, guess what? Next year, you'll have another $40,000 to try again and try again.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

But the people who win the lottery, and based on the limited amount that you just shared about that neighbor, I would imagine that they don't live there unless they invested 100% of it. And then everything you saw was just based off that passive income that the investments were making. But a lot of people don't do that.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

But the people who win the lottery, and based on the limited amount that you just shared about that neighbor, I would imagine that they don't live there unless they invested 100% of it. And then everything you saw was just based off that passive income that the investments were making. But a lot of people don't do that.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

But the people who win the lottery, and based on the limited amount that you just shared about that neighbor, I would imagine that they don't live there unless they invested 100% of it. And then everything you saw was just based off that passive income that the investments were making. But a lot of people don't do that.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

I think only overnight thing I can say, and this is a true, I feel like overnight is when I went to college my freshman year, I did what most college kids do. We drink and party. But after, when I came back my freshman first semester and my parents asked me how I was doing. I lied to them and said I was working hard when I wasn't.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

I think only overnight thing I can say, and this is a true, I feel like overnight is when I went to college my freshman year, I did what most college kids do. We drink and party. But after, when I came back my freshman first semester and my parents asked me how I was doing. I lied to them and said I was working hard when I wasn't.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

I think only overnight thing I can say, and this is a true, I feel like overnight is when I went to college my freshman year, I did what most college kids do. We drink and party. But after, when I came back my freshman first semester and my parents asked me how I was doing. I lied to them and said I was working hard when I wasn't.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And the thing is, my parents, they sacrificed so much that they gave me the most generous gift I will always be indebted to them is that I was able to graduate debt-free because they saved, even to a deficit on what they should have put for themselves. They just truly believe that education for me, and I'm the first Brambila to graduate from university, was going to change everything.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And the thing is, my parents, they sacrificed so much that they gave me the most generous gift I will always be indebted to them is that I was able to graduate debt-free because they saved, even to a deficit on what they should have put for themselves. They just truly believe that education for me, and I'm the first Brambila to graduate from university, was going to change everything.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And the thing is, my parents, they sacrificed so much that they gave me the most generous gift I will always be indebted to them is that I was able to graduate debt-free because they saved, even to a deficit on what they should have put for themselves. They just truly believe that education for me, and I'm the first Brambila to graduate from university, was going to change everything.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And so here I was screwing off. When I got back then, my freshman semester, I felt so guilty on my flight home that I was like, I'm going to completely stop drinking. And that's what I did. And then what happens then? There's so much time that college kids spend drinking and partying. I had so much time. So then I went to YouTube.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And so here I was screwing off. When I got back then, my freshman semester, I felt so guilty on my flight home that I was like, I'm going to completely stop drinking. And that's what I did. And then what happens then? There's so much time that college kids spend drinking and partying. I had so much time. So then I went to YouTube.

Passion Struck with John R. Miles
Adrian Brambila on 21 Brutal Money Lessons You Need Now | EP 536

And so here I was screwing off. When I got back then, my freshman semester, I felt so guilty on my flight home that I was like, I'm going to completely stop drinking. And that's what I did. And then what happens then? There's so much time that college kids spend drinking and partying. I had so much time. So then I went to YouTube.