Jake Ruth leverages software engineering and entrepreneurial expertise as Stock Unlock’s co-founder/CEO, providing financial literacy and stock market analysis tooling to thousands of paid users across 91 different countries.
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Guest Resources
Stock Unlock – Checkout with promo code FIRE to get an additional 30% bonus!
Jake’s Twitter – Follow Jake on Twitter.
3 Value Bombs
1) An investment is a long-term thing. At the top level, we’re talking about allocating your personal resources such as time and money, and investing in ones self to yield returns later in the future.
2) You will gain intuition. And when you got into a position where you can explain the business to a 5 year old, that’s when you know you are on your way towards being an informed investor.
3) Do not be the person who goes out investing in the stock market when you don’t know what you’re doing.
Sponsor
HubSpot: Starting your year off strong and accomplishing goals like increasing revenue and faster growth starts with the right selling tools. And for that, there’s the all new Sales Hub from HubSpot! Head to HubSpot.com/sales to try it for free!
Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: Unlocking Your Financial Freedom.
[1:27] – Jake shares something that he believes about becoming successful that most people disagree with.
- True success is very personalized and it requires knowing yourself very deeply. Self-awareness is going to unlock the path for you.
[2:40] – Democratizing investing education and tools.
- Fear and unrelenting frustration leads to democratizing investing education and tools.
- They’ve cracked the code of financial literacy and investment education.
[4:35] – The mistakes that retail investors make.
- We aren’t being given any more help. When you’re given access to tools like Robin Hood, but are not given access to software or learning that will set you up for success, that’s not helpful.
- Learn to have an investor’s mindset.
[6:49] – The key to financial freedom is understanding finances
- An investment is a long-term thing. At the top level, we’re talking about allocating your personal resources such as time and money, and investing in ones self to yield returns later in the future.
- Adopt the investing mindset.
[8:04] – A timeout to thank our sponsor!
- HubSpot: Starting your year off strong and accomplishing goals like increasing revenue and faster growth starts with the right selling tools. And for that, there’s the all new Sales Hub from HubSpot! Head to HubSpot.com/sales to try it for free!
[11:31] – Educating and equipping the next generation of investors.
- They are creating very accessible and easy to use investing tools.
- The accessibility of financial data has never been greater than in the year 2023.
- No one really has the time to go through different resources.
[15:06] – Jake talks about one of his success stories.
- One of their clients has tried different tools and lost thousands of dollars in the stock market.
- Stock Unlock became their sunlight in a very dark room. The software made them feel comfortable and helped get them out of debt.
- Another client whom owned a few ETFs and stocks switched to Stock Unlock and saved a lot in subscriptions
[17:31] – Being an informed investor.
- Being an investor is a never-ending journey.
- You will gain intuition. And when you got into a position where you can explain the business to a 5 year old, that’s when you know you are on your way towards being an informed investor.
19:5 – Jake’s key takeaway and call to action.
- Do not be the person who goes out investing in the stock market when you don’t what you’re doing.
- There are a lot of tools that are non-predatory that will help you.
- Stock Unlock – Checkout with promo code FIRE to get an additional 30% bonus!
- Jake’s Twitter – Follow Jake on Twitter.
[20:09] – Thank you to our Sponsor!
- HubSpot: Starting your year off strong and accomplishing goals like increasing revenue and faster growth starts with the right selling tools. And for that, there’s the all new Sales Hub from HubSpot! Head to HubSpot.com/sales to try it for free!
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!
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