Brad Barrett: Financial Independence, Talent-Stacking & Increasing Luck Surface Area | Episode 23
What happens if you learn to happily live off half your household income? One potential outcome is that you’re able to “retire” from a boring soul-sucking corporate job as an accountant & spend a heck of a lot more time raising your children, chasing entrepreneurial dreams & truly enjoying your life. In this episode, we cover Brad Barrett’s entrepreneurial journey to Financial Independence in addition to covering a whole host of other life-empowering topics like developing a “talent-stack,” creating a bigger luck surface area, books that will change your life for the better, going from Frugality to Abundance, exercise, fitness & much more!
Brad Barrett is the cofounder & Host of ChooseFI Podcast & founder of Travel Miles 101. He is a recovering CPA & achieved Financial Independence at the age of 35.
[Episode available on all Podcasting Platforms]
Key Highlights:
[00:01 - 15:36] Opening Segment
• Give people the motivation to take action & make their lives better
• How ChooseFI played a huge role in Justin’s FI journey
• How Brad defines financial independence
The FI equation
[15:37 - 34:29] Financial Independence: A Simple Equation
• Brad’s journey to financial independence
Why it’s important to increase your luck surface area
• Look at the problems from a different angle
How Brad ended up quitting his corporate job
[34:30 - 47:58] The Talent Stack
• Justin’s experience creating a fitness & money coaching program
• Not everything has to go perfectly all the time
• What game are you playing?
Are you optimizing for the life you want to live?
[47:59 - 1:02:45] The Path to Success
• How Brad started saving a good portion of his pay
The financial independence community
• You need to be running towards something
• Don’t deprive yourself
[1:02:46- 1:17:03] Creating an Abundant Life
• How to spend more money to make your life even richer
• What changed how Brad thought about money
• Rethink the years and how you spend your money
[1:17:04 -1:34:19] How to Spend Money on Being Healthy
• What Brad’s Fit Rich Life looks like
Being aware and always questioning things
• Be open-minded and figure things out
• The correlation between fitness and money
[1:34:20 -1:51:19] The Power of Thinking Differently
• How lifestyle becomes an identity
• What really works for you may not work for someone else
The importance of tracking
[1:51:20 -1:57:38] Closing Segment
• Life is about taking action
If you want to connect with Brad, subscribe to the FI Weekly Newsletter!
Key Quotes:
“Financial Independence is about living an intentional life.” - Brad Barrett
“The world runs on stories, and people connect through those stories. People aren't looking for experts. they're looking for connections.” - Brad Barrett=
“When you see yourself in someone else's story, and you see them succeeding, it emboldens you to take action.” - Brad Barrett
Resources Mentioned:
The Shockingly Simple Math Behind Early Retirement
How to Go from Middle-Class to Kickass | Mr. Money Mustache
How to Fail at Almost Everything and Still Win Big by Scott Adams
The Tail-End by Tim Urban
Zone 2 Training Episode on Rich Roll Podcast
Die With Zero by Bill Perkins
The 4-hour Work Week by Tim Ferriss
The 4-hour Body by Tim Ferris
Richer Wiser Happier by William Green
The Psychology of Money - Morgan Housel
Atomic Habits by James Clear
Make Time by Jake Knapp and John Zeratsky
The One Thing by Gary W. Keller and Jay Papasan
Essentialism by Greg McKeown
Influence by Robert Cialdini
Complaint Free World by Will Bowen
WANT TO LEARN MORE?
Follow my personal website: https://alchemizelife.com/
Follow my Instagram, LinkedIn, Facebook, Youtube, & Twitter
Show Notes: www.alchemizelife.com/podcast/
Sponsors:
Are you ready to get in the best shape of your life, double your income, and 10x your savings/investments? I'm incredibly passionate about fitness & money and have reached a strong degree of mastery in these domains and built an incredible coaching program to help you. Head to www.fitrichvegan.com, sign up for a Free Consultation, or DM me on Instagram with the words "Fit Rich Vegan" to discover if it'd be a good fit for you!
For something like you’ve never had before and to get into an almost euphoric state of Focused Flow & Productivity, try Feel Free by Botanic Tonics! Go to www.botanictonics.com and use code DRAGON to save 40% off your first order!
If you desire to lead a happy, healthy, fit life, go to www.vedgenutrition.com/dragon, and grab all of your key supplements. Use the code DRAGON and get 15% off!
I often get asked what my favorite Vegan Protein Bars are for when I'm on the go and without a doubt, they are the No Cow Protein Bars which have THE BEST MACROS out there -- High Protein with great amount of Fiber to keep you feeling full & Low-Fat (most protein bars & actually Fat Bars in disguise). The newly released "Dipped" Now Cow Protein Bars taste so good! Use code DRAGON to save 15% on all of your orders.
Thanks for tuning in!
If you liked my show, LEAVE A 5-STAR REVIEW, like, share, and subscribe!