Feb 20 2025 32 mins
“But if you really take care of them and create a system for where they're very well rewarded, they're part of this, they're part of the growth, you grow, they grow, and you bring other elements into it.” M.C. Laubscher
Inspired by Rich Dad Poor Dad, our guest shares how this book transformed his mindset about money, business, and education—leading him to take action, buy his first investment property, and launch a real estate business.
We’re diving into this conversation for entrepreneurs—how to strategically build wealth by managing cash flow, leveraging relationships, and protecting your business.
Here’s what we’re covering in this episode:
- When your business finally becomes profitable, financial advisors often encourage you to diversify by investing in stocks, bonds, and mutual funds, essentially putting your money into other businesses instead of reinvesting in your own.
- Skill stacking is the process of mastering one high-impact skill and then layering additional skills to become more effective in business. This combination allows you to become a powerful force in your industry.
- Capital isn’t just money, it includes intellectual capital, your ideas and knowledge, which are more valuable. Relationship capital is just as crucial, as the right connections can open doors and create opportunities.
These insights will help you build a financial foundation that works for YOU. Doing this is not only for personal development but also your professional development.
Resources & Mentions:
Rich Dad Poor Dad – Robert Kiyosaki: https://tinyurl.com/bsas8rck
Episode Mentioned: https://tinyurl.com/mswuzuay
Introducing M.C. Laubscher:
M.C. Laubscher is a dynamic entrepreneur, investor, and best-selling author dedicated to empowering business owners through innovative wealth strategies. As the founder of Producers Wealth, he enhances financial well-being across the U.S., while his educational platform, Cashflow Ninja, has influenced over 7 million people globally.
LinkedIn: https://www.linkedin.com/in/mclaubscher/
Website: ProducersWealth.com
Instagram: https://www.instagram.com/thecashflowninja/
YouTube: https://www.youtube.com/cashflowninja
Connect with Entrepreneur Encounter:
Instagram: https://www.instagram.com/entrepreneur_encounter/
Soft Skills Studio: https://entrepreneur-encounter.ck.page/products/entrepreneur-encounter-circle-mem
Newsletter: https://entrepreneur-encounter.kit.com/bd62239694
Host Sara Lowell:
LinkedIn: https://www.linkedin.com/in/youarerembertllc/
Website: https://www.youarerembertllc.com/
Host Dana Johnson:
LinkedIn: https://www.linkedin.com/in/d-m-johnson/
Website: https://ddvirtualmanagement.com/