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The Wealth Standard – Empowering Individual Financial Independence

Markets and Investing

We live in the most revolutionary and inspiring time in history, yet our culture settles for a mediocre life, not the one they dream about and deserve. The Mission of The Wealth Standard Podcast is to empower you to take control of your life, your career, and your wealth and to ultimately achieve financial independence. Society has programmed us to take orders, from our educational system to the way we save and invest. And what is the incentive? To someday, retire? If 1987, 2001, and 2008 weren’t red flags that caused you to question conventional wisdom, I hope 2020 is enough to ask better questions. Join host Patrick Donohoe, best-selling author, CEO, and financial advisor as he empowers you to implement the principles, processes, and strategies - and live financially free.

We live in the most revolutionary and inspiring time in history, yet our culture settles for a mediocre life, not the one they dream about and deserve. The Mission of The Wealth Standard Podcast is to empower you to take control of your life, your career, and your wealth and to ultimately achieve financial independence. Society has programmed us to take orders, from our educational system to the way we save and invest. And what is the incentive? To someday, retire? If 1987, 2001, and 2008 weren’t red flags that caused you to question conventional wisdom, I hope 2020 is enough to ask better questions. Join host Patrick Donohoe, best-selling author, CEO, and financial advisor as he empowers you to implement the principles, processes, and strategies - and live financially free.

Location:

Salt Lake City, UT

Description:

We live in the most revolutionary and inspiring time in history, yet our culture settles for a mediocre life, not the one they dream about and deserve. The Mission of The Wealth Standard Podcast is to empower you to take control of your life, your career, and your wealth and to ultimately achieve financial independence. Society has programmed us to take orders, from our educational system to the way we save and invest. And what is the incentive? To someday, retire? If 1987, 2001, and 2008 weren’t red flags that caused you to question conventional wisdom, I hope 2020 is enough to ask better questions. Join host Patrick Donohoe, best-selling author, CEO, and financial advisor as he empowers you to implement the principles, processes, and strategies - and live financially free.

Language:

English


Episodes

Capitalizing On The Massive Economic Shift Through Multifamily Real Estate With Michael Becker

4/8/2021
There is a massive economic shift going on that comes with a corresponding demographic shift towards areas with lower living costs and tax requirements. In what way is this development conducive to multifamily real estate? Joining Joshua Rhodes on the show, Principal invites us to take a look at the case of Texas, specifically the DFW market, and how the changes going on in the economy are giving rise to massive opportunities to invest, whether actively or passively, in this no-income-tax...

Duration:00:36:27

How Credit Growth And Liquidity Drive Today's Economy With Richard Duncan

4/1/2021
The two biggest things that drive the economy are credit growth and liquidity. And because of the COVID-19 pandemic, the United States market has now shifted to a different scale, mainly in terms of inflation. returns on the show with Patrick Donohoe to discuss the current status of the US economy that is hugely impacted by the decisions of the Fed and the current activities within the stock market. They also talk about how the country can avoid over-inflation without raising taxes, thus...

Duration:01:29:42

Lobbying For Liberty: How To Use Psychology To Sway Lawmakers Towards Impactful Change With Connor Boyack

3/25/2021
Since 2011, the nonprofit think-tank has been gaining traction in lobbying for liberty and pushing gainful legislation in Utah and other states. For its President, , a big part of that success comes from a clever approach that sways even the politicians who are most resistant to new ideas. Connor is a prominent free market and civil liberty advocate who has authored over a dozen books in that space, including . Having been on the show with Patrick Donohoe before, Connor explains why...

Duration:00:50:41

How The New Spending Bill And Tax Plan Can Impact Your Overall Wealth Strategy With Tom Wheelwright

3/18/2021
With the new president and administration coming in, a new spending bill has been passed. It tells an interesting story, but what exactly is its difference from the past spending bills? Patrick Donohoe brings back to tackle this very subject. They also go into Biden's tax plan and its implications to the overall economy. Tom is an entrepreneur, bestselling author, and the personal CPA of Robert Kiyosaki. He is studying the goings-on of the Biden administration when it comes to the spending...

Duration:00:25:01

Diving Deep Into The $1.9 Trillion Stimulus Bill With Patrick Donohoe

3/11/2021
Just recently, the House passed the $1.9 trillion stimulus bill in the hopes of rescuing America from the economic damages brought on by the pandemic. But what does it really entail? What are the underlying consequences of putting out all of this money? In this episode, Patrick Donohoe flies solo to share with us his thoughts about this new bill. He takes a look at it from different perspectives and then offers some insights on how you can best navigate your wealth and more. Love the show?...

Duration:00:19:17

What People Can Do To Survive The Inflation With Ken McElroy

3/4/2021
While the government’s efforts to provide stimulus packages to answer the economic issues that are happening due to the pandemic, it’s not a sustainable solution. The country is still dealing with more unemployment, and companies and businesses are facing the threat of inevitable inflation. In the first part of this interview, of MC Companies sat down with Patrick Donohoe to share his investment philosophy to help people prepare for possible future opportunities in the real estate market....

Duration:00:18:55

An Investment Philosophy To Prepare For Possible Future Opportunities In Real Estate With Ken McElroy

2/25/2021
The real estate market is already unpredictable as it is. Yet, with the current COVID-19 pandemic we are all facing, this unpredictability is heightened, and you can either succumb to it or find opportunities. Patrick Donohoe is joined by , the Principal of , who has a couple of insights into possible future opportunities in the real estate market that you can take hold of. Guiding us in that process, he shares his investment philosophy around buying for cash flow and generating passive...

Duration:00:39:35

Will The Biden Economy Make, Break, Or Transform You?

2/18/2021
We now have a new President and with him, a new set of economic policies and decisions that are going to affect the financial market and all of us who feel its repercussions. The question is, will the Biden economy be good to you or will it be your undoing? Even before claiming his seat in the White House, Joe Biden has been very clear about his administration’s economic platform for a while. If you’re an entrepreneur reading this, you may already know what’s coming. But Patrick Donohoe is...

Duration:00:27:33

Seeking The Uncertainty You Can Comfortably Live With

2/11/2021
The great Tony Robbins once said, “The quality of your life is in direct proportion to the amount of uncertainty you can comfortably live with.” But up to what extent is it comfortable? How do you measure the amount of uncertainty you can handle in life? In this episode, Patrick Donohoe shares a breakthrough that had him realize the ways we all are seeking uncertainty in life just as much as certainty. He tells us about some of the reflections that occurred to him on what we need to do in...

Duration:00:15:40

On James Rickards’ “The New Great Depression” And The Greatest Lesson Of 2020 With Andy Tanner

1/28/2021
You may ultimately agree or disagree with it, but James Rickards’ is certainly one of those books that have something significant you can take away from whichever way you go. Coincidentally, it might also be the greatest lesson from 2020 when it comes to business and investing. Whether last year was a good one or not for you, it certainly taught all of us how the environment can affect us and how we can become better prepared to navigate challenges when they come. It was certainly the year...

Duration:00:53:33

The New Great Depression: What Happens In A Post-Pandemic World With James Rickards

1/21/2021
2020 will forever live in history books as the COVID-19 year. More than the health crisis, it has brought on an economic crisis that will greatly impact the future. What did people do to survive it? What lessons can we learn from those who did that will help us face the challenges that are to come? Patrick Donohoe has someone with the answers. In this episode, he sits down with none other than —an American lawyer, economist, investment banker, speaker, media commentator, and author on...

Duration:00:46:12

New Year Thoughts, Realizations, And Reflections

1/14/2021
The year 2020 was certainly difficult, but the lessons it left must be reflected upon and put to good use. Patrick Donohoe shares his New Year thoughts focused on the toughest moments of last year that challenged the competency of leaders, the changes in the environment, the worth of success, and our ability to deal with the most depressing times. Patrick also underlines the importance of starting new and positive habits this 2021 to gain a fresh outlook in life, especially in morning...

Duration:00:15:02

The Rich Doctor: Creating Financial Freedom To Design The Life That You Want With Tom Burns, MD

12/24/2020
Why don’t doctors get rich? It’s a baffling question considering how much hard work and service these individuals are putting in every day. And it’s not all about the money, even. Doctors do have a comfortable salary, but most fail to develop and design the life that they want simply because they have no time. Tired of being trapped by his own profession, sports doctor and orthopedic surgeon, started to look somewhere else to find a way to create that financial freedom he was looking for....

Duration:00:31:46

A Daily Legacy: Creating And Passing On Generational Wealth To Your Descendants

12/17/2020
What is the greatest obstacle that is preventing you from living a life at the next level? For many people, it’s creating and passing on generational wealth. There are many ways to be financially free, but how do you enable your children and their children after them to have the same freedom? What does wealth mean for you in the first place anyway? Patrick Donohoe unpacks this for us in this special episode of The Wealth Standard. Love the show? Subscribe, rate, review, and share! Join The...

Duration:00:26:39

How To Properly Optimize Your Energy And Time

12/10/2020
Experiencing failures in family relationships and business is what everyone wants to steer clear of. Although ultimately inevitable, minimizing them is still possible through proper optimization of energy and time. Patrick Donohoe shares some useful tips on how inner energy can be repurposed according to our goals, helping us gain a better mindset and a healthier body. He also presents the three levels of time optimization, underlining how this powerful aspect in life can be maximized and...

Duration:00:31:04

How To Bring Your Life To The Next Level

12/3/2020
We will not succeed if we simply stay where we are and refuse change or improvement. But trudging the path to the next level of your life means facing your anxieties, financial challenges, and personal issues. To address this, Patrick Donohoe presents his course, The Wealth Standard, which focuses on helping people embrace a better version of themselves. He concentrates on getting rid of the thoughts that limit our beliefs, finding your true value as a worker, and looking at leadership from...

Duration:00:32:49

When Selfish Is Okay: Selfishness From A Perspective Of Abundance With Gary Pinkerton

11/19/2020
Selfishness isn’t always bad. When your selfishness comes from a perspective of abundance, it becomes the kind that gives value to people instead of taking something away from them. That is just one of the amazing facets of the abundance mindset that we don’t get to hear about every day. You can hear these facets resound mightily now in this conversation between Patrick Donohoe and his amazing guest, fellow wealth strategist, . Listen in as they take a deep dive into a far-ranging...

Duration:00:43:21

Achieving Your Goals And Beyond

11/12/2020
Once they’ve reached their goals or a certain level of financial independence, most people will always ask, “What’s next?” And reaching that sense of achievement, the bar essentially gets raised as they realize that the horizon extends beyond where they thought it would be. On today’s podcast, Patrick Donohoe takes a look at one of the fundamental variables that he believes is necessary to not only achieving what you are after, but for what's after that and then what's after that. Love the...

Duration:00:17:12

Experiencing Life: The True Essence Of Wealth

11/5/2020
We may have different notions of what it is like to experience wealth, but the reality is that experience in itself is wealth. It depends on how present you are to capture the full essence of that experience. Whether or not you have achieved the monetary value that you would associate with financial abundance, true wealth lies in your ability to savor the daily experience of life, to be present in everything you do. In this episode, Patrick Donohoe reminds us that life is short and can even...

Duration:00:14:45

Overcoming Obstacles And The Nature Of Leadership

10/29/2020
No matter what stage you are in your business, there will always be challenges to face and overcome. The difference between those who succeed and not is how they look at these challenges. In this episode, Patrick Donohoe goes solo to talk about overcoming obstacles in business, particularly the mindset it takes to see them through as a leader. Taking cues from authors and industry leaders, he shares the many lessons and resources out there that can help us realign the nonlinear nature of...

Duration:00:37:58