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The Why Of Money
1 Credits
Wealth is not about how much you make, it’s about how much you keep. That’s the Why of Money.
In this 15-minute video, trainer Eric Mitchell teaches the basic concept of wealth. It’s true that as a real estate agent you may receive large commission checks, but are you actually wealthy.
An example principle for reviewing your personal finances is the rule of 72.
The Rule of 72 is a financial concept that provides a quick and simple way to estimate the number of years it takes for an investment to double in value, given a fixed annual rate of return. The rule is calculated by dividing 72 by the annual rate of return.
Learn this and so much more as you learn to take control of your financial future, and the health of your real estate business.
Eric was raised to be an entrepreneur. At the age of eight, he was a part-time stock boy in the family drugstore business. By the time he was 11, he could read financial statements. At the age of 16, he was already an assistant store manager. Using his childhood business lessons, Eric has started, built, and sold five businesses. In 1999, Eric emigrated from Canada to the
United States and transitioned into his new career in finance. In Minnesota, he started The Loan Brokerage, LLC and embarked upon his new career. Receiving several national sales awards and national recognition as a mega-producer, Eric started teaching as well as producing.
Eric Mitchell is the author of the upcoming book The Why of Money, an introspective look at How to Get out Of Your Own Way & Finally Earn What You Deserve!
Eric is also the executive vice president for Gold Star Mortgage and oversees all Business Development Strategies for their 400 employees nationwide. He develops innovative purchase market strategies proven to revolutionize the way loan officers and Realtors partner, generating their unprecedented success and market reach. Using the award-winning application technology, Eric creates highly sought after state-of-the-art lead generation platforms that have delivered sustainable growth for the thousands of sales professionals he’s trained across North America.
He is a certified master practitioner in Neuro-Linguistic Programming, an industry leader in marketing and business development, and voted through the National Mortgage Professional Magazine as America’s Most Connected Mortgage Professional for the last four years in a row!
Eric is also the Executive Vice President for Gold Star Mortgage and oversees all Business Development Strategies for their 500+ Employees….Nationwide!
He develops innovative purchase market strategies proven to revolutionize the way Loan Officers and Realtors partner, generating their unprecedented success and market reach. Using award-winning application technology, Eric creates highly sought after state-of-the-art lead generation platforms that have delivered sustainable growth for the thousands of sales professionals he’s trained across North America.
Using the strategies he teaches, he facilitated one of the biggest national partnerships in the industry, linking Gold Star Mortgage as the preferred national mortgage partner to The Craig Proctor Coaching System!
He is a Certified Master Practitioner in Neuro Linguistic Programming, an Industry-Leader in Marketing and Business Development, and Voted through the National Mortgage Professional Magazine as America’s Most Connected Mortgage Professional for the last 8 years in a row!
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