Investing in Morgan Nelson the Kid Who Made It
2021-08-03
Morgan Nelson is the vibrant force behind the Dreaming Out Loud podcast, where he empowers individuals to chase their dreams and execute on them with passion and precision. As an entrepreneur who achieved financial freedom by the age of 23, Morgan dove into the world of network marketing, building a thriving global team and generating a six-figure income. He’s known for his dynamic approach to life, having traveled extensively and shared his insights on stages worldwide. Morgan is dedicated to inspiring others to live a life of choice, pursuing fun and freedom over conventional paths. Through his podcast, he shares transformational strategies that unlock potential and push boundaries, helping listeners elevate their success game.
[00:00:29] Morgan Nelson's Insight – Morgan discusses life decisions and pursuing freedom.
[00:00:45] Season Introduction – Phil Better introduces Season 3 and its partnership with Unicorn Incubator.
[00:01:46] Guest Introduction – Phil introduces Morgan Nelson and highlights his success story.
[00:02:52] Morgan's Elevator Pitch – Morgan gives a quick introduction about himself and his journey.
[00:03:05] Morgan's Journey – From being broke at 21 to achieving financial freedom at 23.
[00:04:08] Speaking Opportunities – Morgan talks about speaking on stages worldwide.
[00:05:08] Nine to Five Life – Discussion about traditional work life versus entrepreneurial freedom.
[00:07:19] Early Entrepreneurial Ventures – Morgan shares his childhood business endeavors.
[00:10:00] Lessons from McDonald's – Insights from Morgan’s first full-time job experience.
[00:13:08] Breaking the Norm – Realizing the need to break free from a job he disliked.
[00:16:06] The Importance of Environment – Discussing the influence of surrounding oneself with successful individuals.
[00:20:17] Creative Income Strategies – Morgan talks about innovative ways to create income streams.
[00:25:18] The Power of Leveraging – Utilizing passive and leveraged income for acquiring luxury items.
[00:27:39] Types of Income – Differentiating between active, residual, passive, windfall, and leveraged income.
[00:30:36] Creating a Podcast – Morgan’s motivation for starting his own podcast.
[00:34:38] Networking Opportunities – Benefits of podcasting in building relationships and credibility.
[00:38:17] The Entrepreneurial Cycle – Overcoming limiting beliefs and the growth phases of entrepreneurship.
[00:46:11] Podcasting Benefits – Morgan emphasizes podcasting as a tool for massive impact and mentorship.
[00:50:21] Closing Remarks – Morgan shares where listeners can connect with him and Phil wraps up the episode.
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