Podcast 200. From a Scarcity to an Abundance Mindset with Leisa Peterson

Average Joe Finances:
0:00

All right. Hey, welcome back everybody to the average Joe Finances podcast. I'm your host Mike Cavaggioni, and today's guest is Lisa Peterson. And I wanna let you all know we are recording live right now from the podcast stage at Rub Con 23. This whole setup was provided by Podcast Abundance and we cannot be more grateful for them being amazing hosts to us. So with that being said, Lisa, I just, I'd like to welcome you to the show. Thank you for joining me. Thank you,

Leisa Peterson:
0:25

Mike. I'm so happy to be here.

Average Joe Finances:
0:26

Absolutely. So this has been a long time coming because I've wanted to speak to you ever since Rub Con last year, and I didn't get a chance to actually sit down and have a chat with you. We've talked a couple times on some of the pre meetups to Rub Con. We haven't actually had to sit down and have a chat yet. So I'm really excited that our actual first sit down chat is on my podcast. So this is fantastic. So there's a couple different things I'd like to talk to you about. One of them is, your book also the the Mindful Millionaire, right? That's your book and then also the Wealth Clinic that you started up. And we can get into those, but I also wanna talk to you a little bit about what you call true freedom. And just doing some research and checking out your background and everything I think we have a very similar definition to what that true freedom is. Before we get into any of that, my listeners need to know a little bit about you. So if you could share a little bit about yourself, share your share, go as deep into it as you'd like or share as little as you'd like. That's okay. But we wanna know who is Lisa Peterson?

Leisa Peterson:
1:27

Awesome. I love sharing that kind of thing. I like to talk about the fact that I am someone who came from pretty tough circumstances. And even though my life is pretty dang charmed now, it wasn't just gonna obviously happen that way. And what I mean by that is when I was born, my parents were young. My dad had just gotten out of jail actually right after I was born. And The home that I grew up in was really stressful. My parents didn't know what they were doing and it was you gotta figure this out for yourself. And one of the things that really marked my childhood is my parents weren't horrible with money, but they were really irresponsible with money. And so it started me out early in life with a extreme scarcity mindset, and it was really unstable. I was always afraid that we were. Gonna lose our car cuz we did or lose our house because we did. It was just something that marked my childhood and it really would later on define the things that I decided were important in life. And namely, I thought probably around. Once I learned about money at AJ eight, I started making money. I was like, oh, if you have a lot of money, then you don't have to suffer like my parents do, right? So I'm gonna figure out how to make a lot of money and I'm gonna, and that's all that matters. Then I'll be happy. That'll solve everything a hundred percent. Yeah, and interesting enough, my parents were really creative and when I got to the opportunity to be the first to go to college, I decided that I wanted to do something really creative and so I studied design and textiles in college and I got this really cool job outta college that was designing clothes for this famous designer, and one year in I'm making minimum wage, I'm making less than when I had been in college as a cocktail waitress or a bartender. I was like, oh, this is not, the creative life is not gonna take me where I want to go with money. I went back to school, got my mba, and began a career in finance. And so this is going back almost the 30 years now that I started that. And and thankfully I learned about money. I used that to help me become very successful with money. But the sad thing is in 1999, my dad was brutally murdered by his best friend or his ex-girlfriend's friend. And It changed everything. It caused me to question these assumptions that I had made about what brings happiness. I was like, if you can have this happen to you and I realized that I wasn't really happy no matter the fact that I was married to my college sweetheart, that I had a beautiful bay, healthy baby. I was like, I am actually a wreck and I need to get to the bottom of what's going on. And over the course of this past 23 years, I came to realize that scarcity mindset that I had been exposed to really early in life could not control my life. And ultimately that led me to writing the book, the Mindful Millionaire, of helping myself and other people figure out how to move from scarcity into a abundant thinking. And it's one thing if you were born, in a really comfortable circumstance where you just didn't worry about money, that might not be the book for you, but if or you identify with what it means to be, In this mindset of scarcity and we can talk more about that, then the book is for you because it helps you question your assumptions that you saw early in life to create a life of abundance and coming to today, interesting enough, I'm in this place of semi-retirement because we have enough money to last us for the rest of our lives. We can make all the choices that we want. We have created this incredible freedom. But I will say that the money was just a really, a small part of it. It was about the mindset that it took for me to feel so abundant in the life that I live today.

Average Joe Finances:
5:16

Yeah. Lisa, I really appreciate the transparency and everything about your background and what you shared with me. It brings me back a little bit to even my own childhood similar circumstances. So I was the only one of my siblings not born in New York. I was born in Florida. Cause my parents at the time were fugitives. So they were staying away from New York until later on when they went back. And my younger sister was actually born in prison. Not in prison, they, yes, took my mom out and to the hospital and then she went back into incarceration after that. Yes I and I've been through a lot of similar things in my childhood that, that caused this scarcity mindset with me as well. And when I look back at that and I hear what you share in your story I just, I resonate so much with that. That it's sickening. And so some of the things I was writing down that you were talking about is, how your parents were irresponsible with their finances, with money. And I too had that similar experience. So it's at times we had an abundance of money just so much. But it would just get blown. Because my dad just didn't know how to handle his finances. So when we had a lot of money, things were good. When we didn't, we were worried about whether or not the electricity would stay on, right? So it was like this give and take of just this back and forth. And it, as a child, it really affects how you think. I believe that's what also gave me that scarcity mindset as well. And then fast forward to to now I've changed everything about how I look at money. It's the whole mindset piece. Like you talked about, money's just a tool, right? It's a tool to help you get your freedom, but that mindset that you talked about is so important, and I'd like to get into that because, I'm pretty sure your book being named The Mindful Millionaire, which I have not read it yet, which I want to now, especially after hearing what you described about it. I'm pretty sure it's safe to say that book is one of those things that will help you with your mindset on that journey and your finances. And I'm pretty sure that's also why you started the Wealth Clinic as well, to help individuals, change that scarcity mindset and get more into an abundance mindset. And there's so much more than money. To get there. So if we could go into that a little bit, what is it do you think is one of the biggest tools besides money that can help affect how you change your mindset to an abundance mindset? Yeah.

Leisa Peterson:
7:38

If you've struggled with money, there is this perception that if you have more money, it's gonna solve all your problems. And what wealthy people will tell you, why is wealthy people will say that. It, you could have all the money in the world and be completely stressed out all the time, worried about losing it or worried about people stealing from you. It just goes on and on, right? And so what I learned in my journey after my dad was killed is I turned to actually meditation because I did not have the ability at the time to be a witness to my feelings, a witness to what was happening. I was always inside of the story. I. I was always spinning around trying to figure out who do I blame, who do I judge? How have I been taken advantage of, like victim? That's the life that I came from. And so those sorts of things. One way we can describe it is this inner critic. That becomes the voice of all the bad things that have happened to you in the past. It follows you. It's part of victim mentality.

Average Joe Finances:
8:44

A hundred percent, right? Yeah.

Leisa Peterson:
8:45

Okay. So you have to be able to notice, oh, I'm upset right now. Oh, I'm stressed out right now. Because if you don't have awareness in the present moment of what's going on, you're gonna keep repeating the pattern over and over again. So mindfulness to me and why, it's called the Mindful Millionaire, was about we need to pause. We need to be able to separate ourselves from this programming, from this paradigm that we have found ourselves in this life. We need to separate from it, realize that is a story that we have been given for a really long time. But it doesn't mean that we have to believe it. And when we start to realize that, when we change our thoughts that we, identify them and we start to say maybe that's not healthy. Maybe my life is all oriented to. Preventing losses, like how am I gonna not gonna lose here? Which is a scarcity mindset, right? We have to retrain so we know we've got the problem. We see that where we get stuck and now we start to see what. What would it look like if I were to play to win, right? What would it look like if I saw this as an investment of my time, of my money, even if it doesn't lead to the success that I want? What if just that experience of failure and mistakes are some of the most valuable things that I have in life? All of a sudden we're like, dang, my mistakes are worth a lot. That's abundant mindset.

Average Joe Finances:
10:12

It's investing in yourself. It's taking those mistakes, those experiences that you've had, not only learning from them, but turning it into something better, right? By taking those experiences, yes, of course you learn from them, right? But as you learn from them, you grow. And growth is probably one of the biggest things that you can have in your life that causes. This big change to your mindset. One of the things I wrote down as you were talking about is you go from this victim mentality and you said, take a pause from that, right? And remove yourself or separate yourself from that mindset. Now, what would you say, I know you said you started meditating, but what are some other ways that you can find to separate yourself from that mindset? For me, I like to journal. I'm not. As active in journaling as I should be. I used to do it every day. Full disclosure, I'm not doing it every day. And I used to meditate all the time too. And full disclosure, I am not meditating all the time anymore. My wife tells me like every day like, Hey, come do yoga with me. Come meditate. And I'm like yeah. After I send out this email or after I get this done. So I find myself struggling with this battle of. Taking care of myself. Because that's the way I look at it. So what are some ways that I can refocus myself? Now, this is personal for me, right? It's my podcast. I could be selfish like that. Exactly. But what are some ways that I can refocus that self-care to to invest more in myself instead of just worrying about my businesses all the time?

Leisa Peterson:
11:46

Yeah. One of the things I'm gonna be talking about here at the conference tomorrow is about becoming unshakable. Someone who can't be shaken, right? Can't be destroyed, can't be altered, can't be stopped. And what I have realized is it's different for each of us, but the thing that comes to mind here in that question is knowing the why behind what we do. Like identifying the why and what does that mean? If we don't know the why, we're not gonna figure out the how. And so let's say you decided that your why was I wanna be like the best parent to my children ever. That's a really deep core value, especially for you and I because. We didn't come from the perfect role models, right? And so becoming a great parent is the why underneath all of it. I wanna set them up for success. I wanna really, give them the support that they want. That begins like a deep understanding of the love and compassion we have for our children becomes the why and when we have the why, all of a sudden, the how becomes very clear. Nietzsche says he who has a why can bear almost any how. And so the how then becomes I need to sit on that cushion every day because if I'm not doing that, I'm not gonna be at my best on a daily basis when stress does happen in the family. Or things go not according to plan. It starts to give us an ability to make better decisions about the choices, that, that are coming at us constantly like this makes sense. This doesn't. Sometimes things make a lot of sense financially, but they're gonna suck you dry, right? And they're gonna take away from the time that you have for your family. No amount of money in the world is worth that. And so when we get really clear on aligning our values and our priorities, which is what the why is all about, we get into the how am I gonna do that question? And I think that's really healthy.

Average Joe Finances:
13:59

Yeah. I think that's one of those questions I need to re-ask myself. And I always focus on what my why is for real estate investing, what my why is for my businesses. And it's to, for me it's to build generational wealth for my family and to you make sure that my children don't grow up with the same mindset that I grew up with. And that they don't have to have this scarcity mindset and, I think sometimes in focusing on that, I lose sight on the first part of my why, my family, right? So I think sometimes I just need to take a step back, reevaluate my why, right? And then that'll help gimme the tools for my how. To get there. So yeah, I, I know that there's always work to be done, right? And I know I need to always continue working on myself, but I really appreciate you sharing that with me. And again, it was a selfish question for me. But it, that's what this is all about. And I know that this is gonna provide a lot of value to my listeners as well. So that's why I asked these questions, so fantastic. Now there's something else that you mentioned too that earlier that I wrote down. And I like this because I think I identify in this same area as well, and that's being semi-retired. So I retired from the Navy and I've been working from home or working from home the past six, seven months now. And I find myself very like bored sometimes. And I even started looking at getting another J o b. But it's just, it's I just wanna do something else and I miss some of the things I did while I was in the military. Not so much that I miss the military, but I miss some of the the comradery of having a mission that, that, that's so much bigger than myself. So that's where I'm finding myself there in my semi-retirement. But can you explain to me what that is for you? What is being semi-retired?

Leisa Peterson:
15:51

First and foremost, it's about living in the present moment and having the freedom to choose where my mind is going. Awesome. And recently I had spent a lot of time when the book came out in 2020 realized that like the book tour was canceled. It was right at, we're in the side of the pandemic. A lot of things changed really quickly for me. And I thought, okay, you, you have this book, you have this platform. How can you help people? And I could see that a lot of business owners really needed to change their mindset, especially going through the pandemic. And I started teaching about money and to business owners and I built that business up to really successful over this time and LA last fall, I realized that the time it was taking for me to run that business, Wasn't actually time, it wasn't presenting time freedom. And even though I was making a big impact in other people's lives, it was taking away from mine. And when money isn't the reason that you're doing something, you've got to be really careful about how you choose to spend your time. And I said, you know what? Yeah. It come, it comes back to that why. Yeah. Yeah. And my why was changing because we were, we had hit a whole new level with our investing. And it was changing my perspective. My husband was facing some health challenges. My son's getting ready to graduate from high school. We're gonna be empty nesters after 26 years of having children in the home. And I was like, okay, wait a minute. What do you want now? And I was like, I, in order to go wherever I'm supposed to go next, which I don't have to know. I need to let go of what I've got right now, no matter what that means to my pride and my reputation. Like I had to let go of things that I've been working on for 10 years. I've built this business up and I was like what if I just let it go? What if I walked away, keep aspects of it, but said, I think there's something else for me, but I don't have to know what that is. But if I don't let this go, I'm not gonna have space to allow that next thing to come in. And the next thing is gonna be a reflection of who I've become, not who I was nine years ago, but who I am today. And so sometimes it kinda burn it down or let it go or give up. I think you have to be really courageous to do that. Like I'm inside of it going, wow, this hasn't been easy. But to me, that's the ultimate freedom that you could actually let go of things that you worked really hard to build and say maybe there's a better option. Maybe there's a way that my skills can help more people in the world, but I don't know it until I try it with nothing going on.

Average Joe Finances:
19:10

Awesome. Yeah. That's fantastic. For me the way I look at it right now is if I was to go take another job, right? I, what I like about where I'm at in my semi-retirement is that, If I don't like it, I could just walk away. Cause I'm at the point where my passive income pays for all my expenses already anyway. I just, I wanna do something, more than just myself. And now what I do here with average Joe finances too, right? Makes an impact and it helps so many people, which is great. And that too is something way bigger than myself, right? The coaching that I do, right? Helping people in real estate even as a real estate agent, the clients that I service and take care of. And I, that's what I enjoy so much about all of those. It's about that service to others. I, for me, I feel I've been able to take so much from other people that have given me so much. And I'm at a point where I just, I wanna give back, right? And this podcast is one way that I can give back and give to others and help them get to the point where, they can seek out their own financial freedom and follow their own path. Cuz we all have a different path in life. And you and I come from a similar one, which is awesome. So we can really connect when it comes to this. But everyone else has their own path. There are people that have grown up. In families that were very good with finances, but because of that, they don't really know the struggle and they wind up making core decisions later on. So everybody else has their own journey, right? And they have to focus on their own goals and their own why. So I think that's super important for us to discuss that as well, because, I don't think you're, the client base for you is just. The folks that grew up with the scarcity mindset, because, I believe even people that have grown up in wealthy families can still use a lot of these same tools to be more effective and grow their wealth. And that's one of the things that we talk about is, my, my moniker here with average Joe Finances is beat debt, build your wealth and control your future, right? And that's always the focus. And whether or not, you come from a wealthy background or not, there's always gonna be something hanging over your head that you have to deal with or battle with, right? So everybody has their own quote unquote demons, right? So yes, I just wanna say thank you for that because it's fantastic. So that, Okay. Back to the semi-retired piece, so that, it gets you to a point where you know you can make those choices or you have the freedom to walk away from something if you want to. There isn't a need for you to go out and try to earn more money, right? You're already at the point where you have this enough passive income that you know, you and your family are covered. And now you're at a point. And I'm curious about this as well, right? Because I have teenage daughters and eventually they will leave the home. And so now with what you were going through and, being on the verge of becoming an empty nester, which I'm not sure has your son already graduated and left? Since then? It's got

Leisa Peterson:
22:09

two weeks

Average Joe Finances:
22:09

of school left. Oh wow. Okay. So this is it. So what are you doing prep to prepare for life after that? So now, yeah. Cuz if he's moving out. It's just you and the hubby. Where does life go from there? Yeah.

Leisa Peterson:
22:23

It's really changing the way that even we think about our investing because we, my husband's a general contractor, so we've been investing in real estate for 30 years and. We've been very active investors. Up until a couple years ago, we sold a building and started putting money into deferred, trusts and 10 31 exchanges and more passive options. And we really like 'em a lot. Like a lot. We're like, wait, the check comes and all we had to do was research to make sure it was a good investment for us. And then the check comes.

Average Joe Finances:
22:56

I, that's what I love about passive investing. It's wonderful. Yes.

Leisa Peterson:
23:00

So there's definitely a movement and my husband was really scared because when you're used to like brick and mortar and seeing the house and knowing what it's gonna do for you, he liked that. And so at first he was like, I don't get it. He had a lot of resistance and then we did it and we've done it and he's oh, that's how this works. The tax benefits. Okay. I like it. But my point is that we're reevaluating so that we have freedom that we know ourselves so well about. If we're gonna own the property, we take a really high standard. If we're running an Airbnb, we wanna be five star. We want people saying this is the cleanest Airbnb we've ever stayed in. And that creates problems because we don't have the freedom. If we wanna have that, then, we have to give up this. And so yeah, now you're tying yourself to something. Totally. And so we're spending the next couple years really getting clear of maybe it all looks very passive. We don't own the properties outright in, just us. We actually invest in others who are investing for us and doing the work and allows us to be, have freedom. We have been very spoiled. We have lived in like some of the greatest places on the planet, and I don't think that's gonna change. Hawaii, lake Tahoe, Sedona, like we You lived in Hawaii? Yeah, we lived in Hawaii. So we moved, we were thinking we were gonna move there full-time. We sold everything in Tahoe and put what we had left in storage and we started in Maui for a couple months. And then we moved this like 2015 and then we moved to Kona and we were just trying to figure out where we get, where do we wanna live. And after that experience of spending September to December, my husband's I don't think I can do this full-time. It's too far away. Yeah. I don't, I He likes to hike. And there isn't actually a lot of public open land in Hawaii, which is shocking on the big island. There's some, but we're talking, my husband likes the Sierras, like the whole Sierras.

Average Joe Finances:
24:52

Oh you guys should have came over to Wahoo. We have 300 hikes on that island. It's crazy. Still not

Leisa Peterson:
24:57

enough. He's already done every hike in Sedona, like multiple times, hundreds and hundreds of hikes. Oh no. And he's bored in Sedona now. So we have to go places where there's like just millions of

Average Joe Finances:
25:10

Yeah. Options. So do you think you guys might become nomadic. In the future, I don't know maybe hop in an RV and travel the US and maybe because I've debated that for a little while as well. That, or like getting a sailboat and sailing around the world. I

Leisa Peterson:
25:25

know. I totally dreamed about that. But he's, yeah, he got a lot of learning. You gotta

Average Joe Finances:
25:30

do that. Not too many hikes out in the open room, so maybe a lot of swimming. Yeah. Not so much hiking. Yeah.

Leisa Peterson:
25:36

It's just, it's fun to imagine like you don't have to figure it out. You don't have to think that you're just gonna do this one thing. I think it's gonna keep changing. And we're gonna keep learning what we like and don't like. And grandkids eventually will cause us to probably be closer to one, our kids and Yeah. And we will make choices because where they wanna live, thankfully they're very spoiled and they just bought a house in nice South Lake Tahoe so we can hang out there.

Average Joe Finances:
26:04

Yeah. And that's fantastic. The, one of the things that my wife and I also our focus was that, We want to be able to go wherever our kids are or wherever they wind up in life, that we could just go to them whenever we need to, right? We want them to go out and live their lives. We don't want them to feel like they have to live near us to take care of us, right? I want them to know Hey, we're good. Wherever you wind up, we can come stay with you for a couple months and hang out with our grandkids or whatever. That's the way that we've pictured our future. And, by setting that as the standard of what we were looking for, we said, okay, there is a point we have to reach to, to get this financial freedom. To get to that point where we actually have this true freedom that you talk about. And I believe financial freedom is that true freedom, cuz to me, financial independence is actual freedom because I can go and do whatever I wanna do and not have to worry about, am I gonna have enough money to make it to the next, do I, am I gonna make it to the next paycheck or whatever. Getting yourself to that point where you can shift your focus now on life itself is huge. Totally. And now, I wanna talk about a little bit about your, this transition that you're going through now, right? So you're switching more now from being an active pass an active investor to more of a passive investor. Are you starting to focus solely on that? Do you think you're, you'll eventually get rid of all of your. Active, like your active in invest investment portfolio, like all of your single family homes or anything like that, and just stick with, these DSTs or multifamily or whatever else you're doing for

Leisa Peterson:
27:37

passive. I think that we know for the next couple years for tax purposes, we will continue to keep the Airbnbs right and the way that we structured things. Looking out probably greater than five years, I'm gonna guess that a significant portion will be in those investments that you're looking at making for three to five years, they're flipping, you're committed to them for that period of time. You are able to learn as you go of what's working and what's not. So I have a feeling that's gonna happen. And then I'll also say I have this business that is, has been very successful. And now similarly, like I'm taking all this content that people paid for before and bringing it to YouTube. Yeah. Like I'm looking at how can I take these things that people used to have to pay for and bring them to people for free and. It's that giving back because I think that if that's not happening, if I'm not able to take all of this stuff that has been created, like countless hours of teachings and all these things, and like putting 'em in a place where people can get access to them without necessarily having to make an investment, like that's a really big part of it. And what I've also seen is that when we do those sorts of actions, it's like, Hey, how can I do this? It changes the whole vibration of the business that we're running and the people that we are better suited to serve, which are more like us versus maybe people who have a long way to go. They're gonna be more served by the free content, but people who are going to really take what we've learned to the next level. Are the ones that start showing up it, it's ama it's totally magical to me because I get excited, like it's not even working when I help someone. Cuz one of the big things I've done is I'm able to identify in a very short amount of time, what's that one thing that you have held onto that causes you to do things that you don't even realize are paradigm oriented. And I can help people drop that away in a matter of minutes. And it's a superpower that I've developed and I love to do it, but I'll be honest it isn't something I can do with everyone. The people I like to help with that are the ones who are like, I have this big idea, but I can't bring it into creation because something's stopping me. Yeah. But I know that the potential is so big, and so by me showing up at that time, And watching what happens where they drop away the story and then they start living into their greatest purpose. I'm actually able to be the participant in what they're about to do for the world and that's that leverage, that multiplier effect that I think changes the dynamic of who we are as a human. Yeah, I love

Average Joe Finances:
30:25

that. So you actually help a visionary take their vision and put it into action.

Leisa Peterson:
30:30

Yeah. By removing the mental blocks, the barrier esthetics. Yeah, and the trauma blocks. I'm not by any means a str, I'm not a therapist. I definitely approach it from a more spiritual standpoint. Sure. But the truth of our being is that we're abundant. But many of us have adopted a story that we're not. And it's, if I can get to the bottom of why you're not living into that abundant way of being and show you it and invite you to let it go, cuz you don't want it anymore. But most of the time we just don't know what it is. And when we're invited to let something like that go, it's watch out.

Average Joe Finances:
31:04

Yeah. Watch out world. One of the things that you that you just said too, I wrote this question down and I wanna say this to my audience too. Is, what's the one thing that you hold onto? Ask yourself that question. What's the one thing that you hold onto that could be holding you back? And I think that's something we all need to ask ourselves. Lisa, this has been fantastic. I'd like to transition this now into something I call the final round. It's where I'll ask you the same four questions I ask everybody that comes on the show. But I'm gonna keep it more business related for you instead of real estate related, cuz we talk about real estate all the time. But you also, I wanna focus more on your business and I think this will add a little more value for my audience as well. So if you're ready to go, we'll get that party started. Sure. All right. So the first question I have for you, Lisa is what is the biggest mistake you've ever made in business?

Leisa Peterson:
31:51

Thinking too small. And it's exactly what we were talking about before, playing to not lose rather than stepping into the opportunity in front of me. And sometimes that takes financial investment, that you're not sure it's gonna pay off. And I think that I ha have held back until that moment where I was like, oh my gosh, I can see what's happening

Average Joe Finances:
32:16

here. Okay. No, I appreciate that. Okay, so you'll see that this next question, Lisa, ties into that one. But what is something that you've learned that you wish you knew when you first started this journey? That

Leisa Peterson:
32:29

mistakes are the most valuable part of life. That. If you could put on your resume expert in failing forward, you will have opened yourself up to a whole new world of possibility.

Average Joe Finances:
32:46

I love that. I absolutely love that. And I can't even count on my fingers and toes how many failures I've had in life that those failures have helped propel me forward. Towards my success and towards my goals. And I think that's for those that are listening right now, one of the biggest things, one of the biggest takeaways here is you can't let failure define you. Or if you do, let it define your path towards success. I always tell people too, that like each failure is another step on that ladder or that stairway to success. No, I absolutely love that answer. Okay, Soli. Do you have any tips or tricks that you would recommend to someone that is just getting started out today

Leisa Peterson:
33:30

in business or in

Average Joe Finances:
33:31

investing? I would say we'll say in both just as an entrepreneur, right? As somebody is at the point where they're ready to take those next steps,

Leisa Peterson:
33:41

no one is going to care about your money as much as you do. And that means that you do not abdicate responsibility for money or for money decisions, whether that be an advisor or a coach or whoever it is that you're getting, mentorship from. You need to understand your relationship with money. You need to see where you go abdicate or when you're full on here I am, I'm gonna learn what's going on. I'm gonna understand what's happening inside of myself. Because I think that's where, I think that's where people get into trouble. And that's the thing that, that can change. It's changed my life and I think it can

Average Joe Finances:
34:28

change others. Yeah. I think that's huge. Thank you so much for that. Because, even as a coach, right? I help coach people with their finances. I always tell them, look, ultimately this is always going to be your responsibility. You can't pass it off on anyone else, so to say. If you have a financial advisor or you have a coach and you can be like yeah, everything's good because I have or I'm using you right then and there are giving up all of your authority. On your own finances. So as long as you are always willing to accept the decisions that you make with your finances are your decisions, not your financial advisors, not your coach. So I think that's huge. Thank you so much for that. Okay. And the final question of the final round, and I will preface this with, besides your own, but do you have a favorite business investing or real estate related book or podcast or both?

Leisa Peterson:
35:21

There's so many the book that's coming to mind, it's so funny that I read so many and I get asked to like, provide endorsements. My friend Joe saw Sehi wrote a book recently with Emily Guy Burkin about money. Darn it. I can't remember the name of it, but it's really funny and I. Really love when we can see the absurdity of money and how our relationship is playing out. So I love The Mindful Millionaire, but I also love that book because it pokes fun at it and it gives us a lighter perspective of something that's actually really deep and can be quite troubling in our lives.

Average Joe Finances:
36:01

Okay. No, definitely appreciate that. Okay. So that is it for the final round. Now I do have another question, and this is probably the most important question I'm gonna ask you on this show because, the conversation we've had, you've provided so much value, Lisa, thank you so much. And my audience is like sitting here listening and saying, you know what? I wanna know more about Lisa. I wanna know more about the mindful millionaire. Where can I get the book? Where can I learn about her programs, everything that she's doing to help other people? So if you could share with us where can people get your book for one? And then do you have a website that you share with us or any social media profiles that people

Leisa Peterson:
36:36

can follow? Sure. So The Mindful Millionaire is on Amazon at Barnes and Noble. I often go to the bookstore and there it is. It's so cool. Right next to Dave Ramsey. How funny, cuz we couldn't be. We're very different in a lot of ways,

Average Joe Finances:
36:53

but I think most of us in this community are very different when it comes to their mindset on

Leisa Peterson:
36:59

money. For sure. Yeah, totally. So the wealth clinic.com is is where you can find out more about the programs that I offer the fun and quirky things that I've learned, and then the mindful millionaire of both.com. Also has my podcast and I've interviewed hundreds of amazing people. Sometimes we talk about relationship with money, sometimes business, sometimes investing. It's a hodgepodge, but it's really fun and very

Average Joe Finances:
37:24

insightful. Yeah, and kinda like the way this podcast is too, it's a hodgepodge of just valuable information for my listeners and. So to my listeners, I just wanna say Lisa is awesome. So go check out those links. I'm gonna put them all in the show notes to make it easy for you guys to find. So you can just copy and paste or click or what? Click away. But don't do it if you're driving, please. Okay. I'm, I don't wanna be responsible for that. So Lisa, this has been fantastic. Do you have any final thoughts for our listeners?

Leisa Peterson:
37:53

Thank you so much for this time. It's been awesome and. I just wanna encourage you, no matter where you're at on the journey, that anything is possible, because I think we're both examples of that. This wasn't a sure thing that we were gonna go figure this whole thing with real estate investing or freedom out, but, I just can't say enough about the fact that your self-image, the way you think about yourself, how you feel as far as your confidence about who you are and what you can do in the world means everything. So go find a way to become more confident and you can do this.

Average Joe Finances:
38:29

Thank you so much for that. That was fantastic. Again, Lisa, I wanna thank you so much for joining me on the show. This was so valuable. This was amazing. And I also wanna thank my audience thank you so much for joining me and our special guest, Lisa Peterson, on the average Joe Finances podcast. Go leave us a five star review and tell us what you liked about today's episode with Lisa. Normally, I would say aloha from Hawaii, but today we're live in Phoenix at Root Con 23. And again, I wanna thank Podcast Abundance for putting this whole set up for us together. This has been fantastic. So aloha from Phoenix and have a great rest of your day.