ABOUT THIS EPISODE
We get asked all the time about the mindset and approach to the wealth building strategies we teach here at Paradigm Life. Today we’re diving in deep to share the background, best practices, and benefits of maintaining your new money mindset as you face new financial opportunities and some of life’s biggest changes.
KEY TAKEAWAY TIMELINE
2:00 – The significance of the right financial mindset
5:00 – What happens when you’re in control
7:58 – Long-term benefits of this wealth management mindset
12:40 – What happens when uncertainty creeps in
15:40 – Self discipline vs. being disciplined
16:20 – The typical financial mindset vs. The Perpetual Wealth Strategy mindset

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The Perpetual Wealth Strategy Mindset
We get asked all the time about the mindset and approach to the wealth building strategies we teach here at Paradigm Life. We're diving in deep to share the background best practices and benefits of maintaining your new financial mindset as you face new financial opportunities and some of life's biggest changes. Let's get started.---
My guest is someone that's special to me and he has been with Paradigm for years. I’ve been here since the fall of 2012. It goes by fast. We have a running joke because I walked by his office and we don’t say hi. The danger is us starting to talk because it never ends. It goes on. I don't know what our record is, but it's definitely over 1.5 or 2 hours probably. You always stop in to say, “I'm hurrying off to this appointment and I got two seconds,” and we end up talking for an hour. Justin Atkinson is our guest. We're going to be getting into a money mindset or financial perspective. This is important because the way in which we view the world oftentimes is very narrow and there are many different perspectives out there. With what we experience in society, those perspectives converge. Sometimes it's difficult to tell what's good, what's bad, what's true or what's false. When somebody adopts the Perpetual Wealth Strategy as a means to achieve their financial goals, a mindset sets in. Mindset is important to understand because this is not the most common way in which people are managing their wealth and their finances. It is definitely cutting against some of the grain. Having a great mindset is vital. In your experience, what's the significance of the right mindset when it comes to looking at money in general, especially after someone has adopted Perpetual Wealth Strategy? Your team can choose what works. Click To Tweet One of the biggest things that I notice a lot with clients is that what we're teaching isn't the typical thing that they run into. What's essential is that they've got to be open to other possibilities. Without being open to other possibilities, they're going to continually engage the old mindset or the old beliefs that they've been told. It's going to get in the way of them fully experiencing what this system does. Being open is absolutely essential. It's interesting saying that because when you have an epiphany or an idea, you've got this awareness or you’re like, “I should do this. I should do that,” or a different behavior that may get you different results and working out is one of the more common ones. In order for it to become a part of how you operate your MO, your modus operandi, there's some repetition. There are some other things involved. That's what's cool about the foundation of the Perpetual Wealth Strategy, the wealth maximization account. It creates this discipline of systematically putting money aside. It works for us too. Putting money aside, say us saving and building up your reserves, building up your opportunity fund. The statements come and it's like, “You need to pay this.” Some people pay on a monthly basis, but still you have contributions that come every so often they essentially create a habit of putting money away and you operate the rest of your finances around that. It reminds me of a client that I was doing a review with. We're going over the policy loans and how she's using that to be able to pay off debt and take over some debt that has been in the control of another financial institution. It’s not even a financial institution, it was the government. There was an energy, a feeling that she had whenever she made those payments to that institution. All of a sudden, she's done this policy loan and she's paid that thing off and now it's in her control, yet she knows that there's still the system to it. There's this payment to it and she's doing a great job of doing that, but she couldn't contain herself. Many times, she's like, “I am grateful to have this because now that I feel like I'm in control of this, that energy, that feeling is starting to flow over into other parts of my life.” She says, “I'm starting to feel this very peaceful, solid foundation that is allowing me to feel more confident in going out and doing what I'm doing in my life.” It's spilling over into her entire life.


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Join us on the next episode as we get into some of the most compelling benefits of the Perpetual Wealth Strategy and the 150-year-old foundation that makes them all possible.About Patrick Donohoe
Patrick is the President and CEO and started Paradigm Life in 2007 after learning from his mentor Kim Butler about financial strategies outside of Wall Street. With a background in economics and marketing, Patrick immediately realized the opportunity to teach investors, business owners, professionals and families on a large scale using modern digital media and communication technology. Since 2007 Paradigm Life has worked with thousands of individuals in all 50 states. Patrick has shared the stage with financial experts such as Robert Kiyosaki, Peter Schiff, G Edward Griffin, Tom Hopkins, Blair Singer, and more. Patrick co-created the Cash Flow Wealth Summit (www.cashflowwealthsummit.com) with his friends Tom Wheelwright, CPA of Provision Wealth and Andy Tanner, the author of 401kaos and Stock market cash flow (have links to their websites and books). Patrick hosts The Wealth Standard Radio – a popular financial podcast every Wednesday morning at 9am MST on the Tune In Radio Network. The Wealth Standard Radio has been on the air since 2007. Patrick grew up in West Hartford, Connecticut and moved to Salt Lake City in 2003 to attend the University of Utah and graduated with a BA in Economics. His yearly highlights are a family trip to his parents home in Cape Cod, Massachusetts and to Hermosillo, Sonora Mexico where his wife Synthia’s family resides. He enjoys playing ice hockey and is an avid participant in CrossFit. Patrick currently resides in Salt Lake City, Utah, with his wife Synthia and their three children Hannah, Meghan and Jack.
About Justin Atkinson
Justin Atkinson’s entrepreneurial spirit began as a young boy. Justin’s father learned about a construction business at a young age and built that business from the ground up into a successful business that is still operational today (nearly 50 years later). This had a huge impact on Justin that instilled the basic life principles of hard work, ingenuity, integrity, and commitment. Justin learned by his father’s example that these 4 principles are essential to anything he does in life. These 4 principles have been instrumental in creating success in Justin’s own Construction Company, teaching self-motivational seminars and a Financial Services practice for nearly 23 years.
Justin also realized that the entrepreneurial spirit is alive in each and every individual and you don’t have to own a company to be an entrepreneur. By educating his clients on the principles of the Infinite Banking Concept, Justin’s clients realize that they have the power to create the flexibility, passion, and peace-of-mind that comes with financial stability and freedom. It’s really that easy and Justin is masterful in teaching and educating his clients to see how that can be accomplished regardless of their situation or circumstances of life. Justin lives the very Infinite Banking Principles he teaches and has learned that experience is the best teacher in life. Justin is married to his best friend Hollie – for nearly 25 years.