Do we focus too much on just one type of wealth? What if the key to a happy life isn’t retiring early, ascending the corporate ladder, or having more money than you know what to do with? Serial entrepreneur Sahil Bloom spent years chasing money, only to find that it didn’t provide happiness—it robbed him of it. Find yourself in the same boat? This episode is for you!
Welcome back to the BiggerPockets Money podcast! Today, Sahil joins the show to discuss the core concepts from his latest book, The 5 Types of Wealth. Many FIRE-focused folks believe that financial wealth unlocks time, social, mental, and physical wealth, but Sahil is living proof that this isn’t the case. In this episode, he shares about his own journey from financial illiteracy to financial independence, the different levers he pulled along the way, and how he was able to dig himself out of a rut that was slowly destroying his life.
Whether you’re stuck on the happiness hamster wheel, burned out at your nine-to-five job, or lacking in any area beyond money, you’re not alone! Sahil will show you the “x factor” that leads to financial freedom, the best and most scalable side hustles to start, and how to transition from your W2 to entrepreneurship!
Mindy:
We are so excited to have Sahil Bloom on the podcast today. To achieve PHI and actually retire early, you often need to have an X factor, increased income, starting a side business, a side hustle, a real estate portfolio, something that makes you stand out. Well, Sawhill not only started his own business, but also created several diversified income streams that were instrumental in allowing him to hit financial independence. But what’s most important, a healthy mindset along the way. After all, there is so much more to being wealthy than just the numbers. Hello, hello, hello and welcome to the BiggerPockets Money podcast. My name is Mindy Jensen, and with me as always is my X-Factor co-host Scott Trench.
Scott:
Oh, thanks, Mindy….