I Can Be Wealthy Podcast

Hosted by Salena Kulkarni

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196

Latest episode

Mar 2024

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About the show

Salena Kulkarni is an Amazon best-selling author and a Chartered Accountant. She's spent the past decade helping investors to shortcut their timeline to financial freedom using alternative investment strategies. Tune in to the podcast as she explores ideas, tactics, and strategies for how business owners can become financially free using alternative investing strategies in a fast and safe way.

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March 17, 202428 min

#196 How Dentists Are Tackling Wealth and Practice Challenges in 2024 with Julie Parker

In this episode, I interview Julie Parker, a dental practice management consultant, to share how dentists and entrepreneurs can build wealth and overcome challenges in running successful businesses and dental practices in 2024 and beyond. Julie talks about the best soft skills that make or break success in dentistry or any industry, the secrets to attracting and retaining top talent, and tips on increasing productivity and profitability without sacrificing quality. Enjoy the episode! TIME STAMPS: 00:00 Intro 01:08 Julie’s Path From Dentistry to Entrepreneurship 03:46 Julie’s Money Story: Family Influence on Entrepreneurial Pursuits 06:37 The Shift From Wage Earner to Business Owner 09:39 Challenges for Dentists in Practice Ownership 18:09 Building a Winning Team in a Challenging Market 23:48 Top Metrics for Business Wealth and Success 27:18 Outro ----- SHOW NOTES LINKS https://www.linkedin.com/in/julie-parker-01428412/ https://dentalbusinessmastery.com.au/ https://www.facebook.com/dentalbusinessmastery https://www.instagram.com/dentalbusinessmastery/ https://www.youtube.com/@DentalBusinessMastery ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

March 10, 202434 min

#195 A Journey of Building Wealth Through Websites with Matt Raad

In this episode, I interview a seasoned business and website investor, Matt Raad, to share how you can generate semi-passive income streams that work for you even while you sleep. Matt talks about buying and selling websites as a unique approach to wealth, the secrets to valuing businesses and conducting diligence like a pro, and the crucial mindset shift required so you can break through income ceilings. Enjoy the episode! TIME STAMPS: 00:00 Intro 01:25 Understanding Matt's Background 04:58 Investment Insights with Matt 07:51 Matt's Reflections on Money and Upbringing 14:23 Matt's Nighttime Reflections 17:49 Matt's Wisdom on the Traits of Successful Investors 22:19 Deciphering Passive Income 25:24 Matt and Liz's Wealth Goals 32:49 Final Thoughts 34:28 Outro ----- SHOW NOTES LINKS https://www.mattandlizraad.com/ https://www.linkedin.com/in/matt-raad/ https://www.linkedin.com/in/liz-raad-56627419 https://www.facebook.com/MattandLizRaad https://www.youtube.com/@digitalinvestorshow ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

March 3, 202410 min

#194 The Passive Income Investing Strategy

In this episode, we talk about the exact steps and strategies you can take to transition from active to passive investing so you can speed up your timeline to achieve financial freedom. We also discuss how top investors leverage other people's skills to make money work for them, when to start incorporating passive income strategies into your portfolio, and why dealing with "tenants and toilets" shouldn't be part of your wealth creation plan long-term. Enjoy the episode! TIME STAMPS: 00:00 - Intro 02:05 - What Investors Should be Aware of as Their Net Worth Grows 03:18 - Difference Between Active and Passive Investing 04:27 - What is a Passive Income Investing Strategy? 07:08 - True Wealth Building is About Creating a Passive Investment 08:32 - Conclusion 09:06 - Outro ----- SHOW NOTES LINKS https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

February 25, 202414 min

#193 The Sack of Sh*t We’ve Been Sold About Wealth Building

In this episode, we talk about why traditional retirement planning is an absolute "sack of sh*t" and what you can do to achieve financial freedom faster than most people. We also discuss why many advisors may not have your best interests at heart, how to optimise your current investments for maximum income, and why NOW is the best time in history to adopt a new mindset towards retirement and wealth building. Enjoy the episode! TIME STAMPS: 00:00- Intro 01:35 - People Are Too Polite About Wealth-Building 03:37 - The Train to Financial Freedom is a Slow One 04:14 - There’s No Way to Get Rich Fast 04:59 - You Need to Think Like the Banks & Retirement Funds 08:03 - Inkosi Wealth Client Case Study 11:28 - Get Access to Your Freedom Formula 11:54 - Create a Higher Level of Stewardship 12:14 - Figuring Out How Much Capital You Need 12:26 - Challenge Your Board of Advisors 12:53 - Final Thoughts 13:43 - Outro ----- SHOW NOTES LINKS https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

February 18, 20247 min

#192 Is the Australian Market a Giant Ponzi Scheme?

In this episode, we answer the controversial question of whether Australia's booming real estate market shares unfortunate similarities with a Ponzi scheme. We also discuss the challenges of affordability and supply in Australian real estate, the pitfalls of negative gearing in property investments, and alternative strategies that could offer better cash flow opportunities. Enjoy the episode! TIME STAMPS: 00:00 - Intro 00:37 - Australia's Real Estate Market as a Ponzi Scheme 02:19 - Australian Real Estate Market's Negative Cash Flow 03:37 - Poor Returns from Real Estate Investments 05:22 - Maximising Cash Flow in Real Estate 06:08 - Final Thoughts & Outro ----- SHOW NOTES LINKS https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

February 11, 202410 min

#191 Exposing the Truth: Why Most Wealth Professionals Don't Really Know How to Build Wealth

In this episode, we expose why most accountants, financial planners, and other finance professionals may NOT be experts at building personal wealth. We also talk about what skills you need to grow your money wisely, the key questions you must ask about any advisor you work with, and the importance of understanding the limitations of finance experts in the wealth industry. Enjoy the episode! TIME STAMPS: 00:00 - Intro 01:13 - Creating a Matrix to Identify Areas of Expertise in Wealth Industry 03:11 - Accountants' Financial Literacy and Wealth-Building Abilities 06:09 - Financial Planner's Money Management Expertise 08:41 - Final Thoughts 10:00 - Outro ----- SHOW NOTES LINKS https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

February 5, 202410 min

#190 The Truth About Achieving Financial Freedom in 2024 - The Myths of Traditional Wealth Creation

In this episode, we expose why the traditional wealth-building model is seriously flawed and then explore an alternative pathway to true financial freedom that generates strong, predictable cash flow. We also discuss the simple formula for funding a $100k lifestyle without needing $10 million in net worth, the myths surrounding asset growth, and why you need grit and determination to break free from the herd mentality. Enjoy the episode! TIME STAMPS: 00:00 - Intro 02:56 - How to Manage Capital 04:36 - Alternative Investments for Steady Income 06:29 - Strategies for Financial Independence 08:34 - Creative Wealth-building Beyond Your Career 09:59 - Outro ----- SHOW NOTES LINKS https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

January 30, 202429 min

#189 The Infinite Banking Model with Impact

In this episode, I interview Kieran Johnson, state manager of Opportunity International, to explore the transformative power of small loans and their impact on poverty reduction in India and Indonesia. Kieran talks about the philosophy of 'infinite banking', the innovative ways business owners integrate philanthropy into their organisations, and Opportunity International's unique model of empowering families and communities. Enjoy the episode! TIME STAMPS: 00:00 - Intro 03:14 - Who is Kieran Johnson 05:35 - What is 'Opportunity' 08:28 - Infinite Banking in Motion 10:27 - Prime Motivation of Business Owners 12:28 - Strategic Charitable Contributions from Business Leaders 17:18 - Leaving Wealth to Children vs Making an Impact 21:59 - A Transformative Trekking Experience 26:15 - Teaching Children Gratitude Across Different Ages 28:37 - Outro ----- SHOW NOTES LINKS kjohnson@opportunity.org.au https://opportunity.org.au/ https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

January 21, 20249 min

#188 Thriving in Turmoil: Seneca's Secrets to Anti-Fragility

In this episode, we talk about how you can leverage Seneca's wisdom of anti-fragility to turn potential crises into fruitful investments and market chaos into your stepping stone to success. We also talk about how to mentally prepare for potential losses, resist emotional attachment to assets, and get your personal finances in order - so you can act quickly when the right opportunities arise. Enjoy the episode! TIME STAMPS: 00:00 - Intro 02:57 - What is Antifragility and How to Avoid it 04:18 - Financial Uncertainty in Volatile Markets 05:17 - Investing Challenges 08:41 - Final Thoughts and Outro ----- SHOW NOTES LINKS https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior

January 15, 202411 min

Should Financial Loss Be Avoided at All Costs? | Ep 187

In this episode, we talk about reframing your relationship with financial loss so that it doesn't negatively impact your confidence or future investing success. We also discuss the importance of mastering the art of comeback, the psychological impact of loss aversion, and why avoiding financial loss at all costs can be a misleading strategy. Enjoy the episode! TIME STAMPS: 00:00 - Intro 03:22 - How People React to Loss and Impact on Decision-Making 04:41 - Warren Buffet’s Investment Mistakes 06:31 - How to Cope With Investment Losses 11:06 - Outro ----- SHOW NOTES LINKS https://www.inkosiwealth.com/ https://www.instagram.com/kulkarnisalena/ https://www.facebook.com/iamSalenaKulkarni https://www.tiktok.com/@kulkarnisalena https://www.linkedin.com/in/salenakulkarni/ ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/45LJ2uh Apple Music: https://apple.co/3tTxV5j Google Podcast: https://bit.ly/45Q39HM YouTube: https://www.youtube.com/@FreedomWarrior ----- CONNECT WITH ME HERE Facebook: https://www.facebook.com/iamSalenaKulkarni Instagram: https://www.instagram.com/kulkarnisalena/ TikTok: https://www.tiktok.com/@kulkarnisalena YouTube: https://www.youtube.com/@FreedomWarrior