“Wisdom is sometimes wrapped in an ugly experience.”
Despite knowing what to do, a great many would-be entrepreneurs never take the steps to get started because they are afraid of failure. But what if you could reframe the way you think about failure, and see it not just as an opportunity, but maybe even a necessity?
Today’s guest takes grit to another level, and if setbacks in your business have tempted you to quit, his story will inspire you to play the long game and view mistakes as opportunities for growth. Damion Lupo is a serial entrepreneur, having started 30-plus businesses. His latest venture is Total Control Financial, an Austin-based FinTech that seeks to disrupt Wall Street and empower individuals to take control of their own financial future. He is also the author of five books on finance, investments, and personal growth.
Damion has a history of bold moves, getting his start in real estate by purchasing a rental house with his VISA. Over the next five years, he grew the business to include 150 houses in seven states. He took a $20M hit in 2008, but used the lessons from that epic failure to reinvent himself – and write a book about the road back, Reinvented Life. Today, Damion is a consultant and coach who appears regularly on podcasts and radio shows centered around finances and personal development. Listen in as he shares his personal philosophy of 10X thinking, advice regarding retirement planning, and strategies to help you view setbacks with gratitude.
Key Takeaways
Damion’s advice about going all-in
Why it’s important to play the ‘long game’
Damion’s 10X thinking
The significance of reviewing big picture goals quarterly
How Damion frames failure
Damion’s advice on writing books
Damion’s tips for retirement planning
How to identify a professional financial advisor
The benefits of the eQRP as a retirement vehicle
Damion’s first steps to retirement savings
Resources
Grit: The Power of Passion and Perseverance by Angela Duckworth
Connect with Damion Lupo