The Wealth Standard – Empowering Individual Financial Independence

Is top performance something you’re born with or do you have to practice 10,000 hours to achieve it? If those are the only two choices, then most people would have given up on success already. But what if somebody said you could reverse engineer success and get to it quicker? Award-winning organizational psychologist and nonfiction author  goes one step further. In his latest book, , he argues that we actually reverse engineer top performance all the time. The missing key is being intentional about it. In this conversation with Patrick Donohoe, Ron explains how his book and the free course that goes along with it teach us how to emulate what the greatest thinkers and doers in history have done to carve their own path to success. Do you think you’re not born with enough talent to make it? Is practicing 10,000 hours too much of an investment for you? Tune in and learn why you shouldn’t give up on success just yet. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

As the world becomes more and more digital, the arrival of a fully technological future is at hand, if not already here. Critical thinking will be centered on the absolute reasoning of math and the logical conclusions of science. In this final part of Patrick Donohoe's interview with of , they focus on the evolution of collective knowledge as time goes on and with society always moving forward. Todd emphasizes the undeniable role of the ever-advancing technology with how people consume information, focusing on the rapid ability of humans to learn thanks to the many digital means today. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

Often, what we have in our mind as to why we’re doing something usually isn't the core reason we’re doing it. You have to ask yourself several layers of questions to get to the real meaning behind your decisions. In part 6 of this series, Patrick Donohoe and Todd Langford discuss how you can unpack the logic behind your behavior to understand what drives you and reveal what it is you truly want. When you see that, you can figure out a path to get what you’re truly desiring. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

What does it mean to live a meaningful life? In this part five of the series, Todd and Patrick Donohoe converse how meaning is relative to the person's current state of affairs. What could be meaningful to you today may no longer be meaningful to you 10 years from now. The key is to ride the winds of change. You can't lock yourself up in a box of the present moment. Instead, it's best to leave the door open in case the meaning of your life changes. What are you waiting for? Open yourself up to this episode and dive in! Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

If you shut down your mind and let others decide for you, it’ll ultimately lead to the blame game. But at the end of the day, you are responsible for your results, which is why you need to know for yourself. What does that mean? In this part four of the  series, Todd and Patrick Donohoe discuss how having experts can be helpful, but you need to know the facts, processes, and perspectives for yourself. When you do, you start to lead the course of your life, and you become invincible. Take the lead, begin with this episode. Not a second waste, dive in! Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

We have reached an age where we reward people for their deep specialization of knowledge. Now, we have experts who have become multi-millionaires from leveraging what they know best. The downside is how, by being someone whose opinions and insights are held at a pedestal, it can be so easy to lose other people’s trust when you admit you’re wrong. Patrick Donohoe explores this topic by bringing back his conversation with , the CEO of Numbers Analytic, Inc. Here, they unpack the idea of the role of mathematical truths and what it informs us of the constants in a non-constant world. Dive deep into this brief but insightful conversation on individual specialization and how the uncertainties of the future impact what we do. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

Tony Robbins once said, “The quality of your life is in direct proportion to the amount of uncertainty that you can comfortably live with.” However, none of us start out with a healthy relationship with risk. As humans we have fear around risk – a fear of failing, a fear of getting exposed, or a fear of finding yourself to be not good enough, you name it. But what exactly are we fearful about? Is that fear justified when you get down to the facts? Join in as Patrick Donohoe goes back to a segment of his interview with , where they get into the idea of risk, how to control it, how to influence it. As you listen through the segment, think about where you can take more calculated risks in your life, where you understand the stakes and what you stand to gain in the end.   Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

A quote by the Mathematical Association of America says, “It's time for all members of our profession to acknowledge that mathematics is created by humans and therefore inherently carries human biases.” This intriguing statement makes us think what math is and its role in general. To help us answer these questions, Patrick Donohoe brings on  in a series of episodes that revolve around the principles of math and how math specifically relates to finance. Todd is one of Patrick’s original mentors and the CEO and Founder at Numbers Analytic, Inc. Today, they discuss why most of the significant innovations resulted from accidents and also touch on the importance of mathematics and curiosity. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

There is a massive economic shift going on that comes with a corresponding demographic shift towards areas with lower living costs and tax requirements. In what way is this development conducive to multifamily real estate? Joining Patrick Donohoe on the show,  Principal  invites us to take a look at the case of Texas, specifically the DFW market, and how the changes going on in the economy are giving rise to massive opportunities to invest, whether actively or passively, in this no-income-tax state. Whether you’re looking to set up your own mom-and-pop or you just want to let your money do the work by involving yourself with REITs or syndications, terms are going to be very favorable for you in Texas and other areas that have been at the receiving end of the massive in-migration of people and businesses from more costly metros like New York and California. Join in to learn more on how you can start to build more wealth by capitalizing on these changes! Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

The two biggest things that drive the economy are credit growth and liquidity. And because of the COVID-19 pandemic, the United States market has now shifted to a different scale, mainly in terms of inflation.  returns on the show with Patrick Donohoe to discuss the current status of the US economy that is hugely impacted by the decisions of the Fed and the current activities within the stock market. They also talk about how the country can avoid over-inflation without raising taxes, thus saving everyone from financial pressure. Richard also explains how the United States is falling behind China in the technological innovation race and how this may spell doom to every American if the government does not put proper funding into research and development.   Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

Since 2011, the nonprofit think-tank has been gaining traction in lobbying for liberty and pushing gainful legislation in Utah and other states. For its President, , a big part of that success comes from a clever approach that sways even the politicians who are most resistant to new ideas. Connor is a prominent free market and civil liberty advocate who has authored over a dozen books in that space, including . Having been on the show with Patrick Donohoe before, Connor explains why knowledge of the law isn’t enough to make someone an effective lobbyist. He then provides some examples of how lobbyists can use clever ideas borrowed from marketing and psychology to sway lawmakers into making decisions that ultimately benefit society as a whole.   Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

With the new president and administration coming in, a new spending bill has been passed. It tells an interesting story, but what exactly is its difference from the past spending bills? Patrick Donohoe brings back  to tackle this very subject. They also go into Biden's tax plan and its implications to the overall economy. Tom is an entrepreneur, bestselling author, and the personal CPA of Robert Kiyosaki. He is studying the goings-on of the Biden administration when it comes to the spending plan that passed, as well as some precedents that are being set for future changes to the tax code that could potentially impact your overall wealth strategy. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

Just recently, the House passed the $1.9 trillion stimulus bill in the hopes of rescuing America from the economic damages brought on by the pandemic. But what does it really entail? What are the underlying consequences of putting out all of this money? In this episode, Patrick Donohoe flies solo to share with us his thoughts about this new bill. He takes a look at it from different perspectives and then offers some insights on how you can best navigate your wealth and more.  Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

While the government’s efforts to provide stimulus packages to answer the economic issues that are happening due to the pandemic, it’s not a sustainable solution. The country is still dealing with more unemployment, and companies and businesses are facing the threat of inevitable inflation. In the first part of this interview, of MC Companies sat down with Patrick Donohoe to share his investment philosophy to help people prepare for possible future opportunities in the real estate market. Today, they discuss what people can do to be on the right side of things and survive inflation: study what’s happening, gather the funds, and invest in the right stuff. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

The real estate market is already unpredictable as it is. Yet, with the current COVID-19 pandemic we are all facing, this unpredictability is heightened, and you can either succumb to it or find opportunities. Patrick Donohoe is joined by , the Principal of , who has a couple of insights into possible future opportunities in the real estate market that you can take hold of. Guiding us in that process, he shares his investment philosophy around buying for cash flow and generating passive income. He then dives deep into some of the significant shifts happening, the obstacles newer investors typically see, and how they can start developing the mindset to have the confidence to take their first step. Join Ken and Patrick in this episode as they help us prepare for the future, uncertain as it may.  Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

We now have a new President and with him, a new set of economic policies and decisions that are going to affect the financial market and all of us who feel its repercussions. The question is, will the Biden economy be good to you or will it be your undoing? Even before claiming his seat in the White House, Joe Biden has been very clear about his administration’s economic platform for a while. If you’re an entrepreneur reading this, you may already know what’s coming. But Patrick Donohoe is not here to paint a bleak picture. Instead, he offers opportunities and solutions that will keep you winning even as the government tightens its noose on the wealth producers. Listen in and be inspired to take practical steps to achieve the wealthy life you have always imagined, no matter who sits in the White House and how they decide to play God with the economy. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

The great Tony Robbins once said, “The quality of your life is in direct proportion to the amount of uncertainty you can comfortably live with.” But up to what extent is it comfortable? How do you measure the amount of uncertainty you can handle in life? In this episode, Patrick Donohoe shares a breakthrough that had him realize the ways we all are seeking uncertainty in life just as much as certainty. He tells us about some of the reflections that occurred to him on what we need to do in order to take in more without reaching past the limits of how much uncertainty we can live with, most especially when it comes to our finances.  Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

You may ultimately agree or disagree with it, but James Rickards’  is certainly one of those books that have something significant you can take away from whichever way you go. Coincidentally, it might also be the greatest lesson from 2020 when it comes to business and investing. Whether last year was a good one or not for you, it certainly taught all of us how the environment can affect us and how we can become better prepared to navigate challenges when they come. It was certainly the year when a lot more people began investing in financial education, personal development, and other things that could help them in that regard. With what is going on with the economy, monetary policy, and market behavior, something is definitely coming down and we better be prepared for it. Listen in as Patrick Donohoe shares his thoughts on this with Rich Dad Advisor, investor, author and educator, . Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

2020 will forever live in history books as the COVID-19 year. More than the health crisis, it has brought on an economic crisis that will greatly impact the future. What did people do to survive it? What lessons can we learn from those who did that will help us face the challenges that are to come? Patrick Donohoe has someone with the answers. In this episode, he sits down with none other than —an American lawyer, economist, investment banker, speaker, media commentator, and author on matters of finance and precious metals. He brings with him his book, , to share what you can do to not only survive but also thrive during these uncertain times. From predicting this economic chaos in his 2019 book, James is now pointing us towards the future, telling us about the things to anticipate this 2021 and what we can do to get through it and prosper. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

The year 2020 was certainly difficult, but the lessons it left must be reflected upon and put to good use. Patrick Donohoe shares his New Year thoughts focused on the toughest moments of last year that challenged the competency of leaders, the changes in the environment, the worth of success, and our ability to deal with the most depressing times. Patrick also underlines the importance of starting new and positive habits this 2021 to gain a fresh outlook in life, especially in morning routines. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today: