Business
Business can be a vehicle for wealth. It can also become a burden on your time, a drain on your finances, and a risk to your relationships. In this episode, Terry brings on one of his mentors to explore this tension and how to deal with it. Lachlan Smith stepped off the career ladder to build a 60 person civil engineering company from scratch. He's tackled many of the toughest issues in business and built a machine that's made him both wealthy and wise. But it wasn't all smooth sailing, and Lachy shares much of his hard-won wisdom in this episode. Also in this episode:How volatility signals trick us into playing it safe and squandering our potential. How to think through the risk you're taking when starting a business (and the insight that allowed him to bet big on himself without fearing failure). The big idea that has played a major role in the growth and success of his business. And how it can be applied by any business. How to increase the odds you'll succeed by knowing the type of business environment you're in and the type of business you're building. Show notesClick here to see notes on this show and all resources & links mentioned. Four handbrakes masterclassClick here to unlock the insiders training.Private podcast communityClick here to get to know us better, debrief episodes and access our top 100 resources.Follow us on InstagramClick here to see behind the scenes of our business and learn more about personal finance in bite-sized chunks.