The Best You Podcast with Nick Carrier
Health & Fitness:Fitness
Candy Valentino - The First Steps To Building Wealth
My guest on this week's Best You Podcast episode is Candy Valentino. Candy Valentino started her business at 19 years old with no degree, no corporate background, no money (and no internet). She successfully started, scaled, and successfully sold businesses in service, retail, e-commerce, and product manufacturing in addition to creating a vast real estate portfolio as a flipper and investor.
At the age of 26, Candy founded a non-profit charity. Through her success in business, she bought and donated a building to the organization. Since then they have saved thousands of lives and Candy has been actively involved, personally raising millions for the charity.
During her two and a half decades as an entrepreneur she has been named to Top Business Leaders 40 Under 40, Top 50 Women In Business, 10 People Making a Difference, Top 10 Business Consultants by Yahoo Finance, and was the youngest female to receive the Governor’s Award in Entrepreneurship in Pennsylvania. Candy was recently selected by Success Magazine as one of just 6 ‘Women of Influence’ and additionally listed to ‘Leaders Who Get Results’ with names like Will Smith, Gary Vee and Brene Brown.
Check out the episode to learn more about the first step to building wealth, how much money you should keep in savings, the first type of retirement account you should max out, how to buy your first piece of real estate, why you should never spend your earned money, why you should think twice before spending money on things and experiences, and so much more.
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In this episode:
(These timestamps are based off of the audio only version of the episode.)
4:50 When did your ability to think big start and how did the idea of thinking big and wanting to make a lot of money enter your mind?
7:00 Was it really just books that allowed you to keep your first business afloat?
9:13 What was the thing that allowed you to have such a high level of belief at such a young age?
12:22 How do you separate when to listen to your internal instincts vs your practical thinking?
14:58 Explain your framework of saving and investing all of your earned money.
19:10 What lead you to all the books you read about business and finance?
21:16 Where should the 20% of your earned income be invested?
24:32 How much should be in your savings account?
28:54 At what point should someone decide to buy their first piece of property?
32:33 What is leverage and how did you use it to your advantage in the beginning of your career?
34:53 What do you say to someone who decides to prioritize spending money on experiences?
38:16 Have you experienced people treating you differently because they think you've been wealthy your whole life?
42:06 Candy's 3 Keys to Getting Closer to Her Best Self
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Candy’s 3 Keys to Getting Closer to Her Best Self:
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Follow Candy on Social Media:
TikTok: @candyvalentino
Instagram: @candyvalentino
Book: https://wealthhabitsbook.com
Website: https://foundersorganization.com
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Want to try out the 10 Week Transformation - THE premiere results oriented fitness program?
Go to: https://www.nickcarrier.com/10wt to learn more and get signed up!
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Start Getting Your Eating Habits On Track So You No Longer Fear the Scale, But You Have Confidence In Your Body!
https://www.nickcarrier.com/6rules
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Follow Nick on Instagram: @carrier_bestyou
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