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#101 David Nassief: Fired at 63 to 7 Figure Portfolio

#101 David Nassief: Fired at 63 to 7 Figure Portfolio

Most people in hospitality are working harder than anyone they know and still not building wealth. Not because they lack discipline and not because they don't make enough money. Because nobody ever taught them that making money and building wealth are two completely different skills, and if they are investing, the system they're trusting to close that gap is the exact system quietly taking half of what they earn. This episode exists to fix that. David Nassief got fired at 63 with two years before his projected bankruptcy, and went on a personal mission to distill everything one needed for success onto one piece of paper. He built his wealth on straight commission with variable income while launching a company. His system is designed for people who do not have the time, the luxury, or the margin to get it wrong.

 

Important note: this is NOT investment advice. Every investment has the potential to go to zero. Every investment can lose money, and we discuss exactly that. I am a random person on the internet. Do not follow my advice: make up your mind, do research, and do what is right for you. 

Expect to Learn:

  • The one shift in mindset that separates people who build wealth from people who just make money, and why high earners fail at this more than anyone
  • Why the three to six month emergency fund rule could cost a 25-year-old $500,000 and what to do instead
  • The exact two-fund strategy David uses that takes five minutes a month and has outpaced the conventional approach by years
  • How to use market crashes as a wealth accelerator while everyone else panics out of their positions
  • The three conflicts hiding inside the financial advice you're receiving right now and how to identify them before they cost you

Links:

Service starts now.

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I talk to people in and around the service industry space. I'm looking to hear from the people I wish I could have talked to when I was coming up in bars. Said another way: I am trying to make sense of this wild, beautiful mess that can be a life working in bars, and help others that are feeling similarly confused and/or lost. Check out the Podcast Website ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and get in touch with me!

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As always, I’m just here taking notes, trying to figure out what it all means.

Cheers
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