Mark Murphy, CEO of Northeast Private Client Group, is an accomplished author, speaker, and motivator who’s revolutionizing the financial planning and wealth management industry. He helps entrepreneurs achieve multigenerational wealth through personalized strategies, leveraging his strategic planning and financial engineering expertise. Forbes has ranked him as the No. 1 financial security professional in NJ and #15 nationwide. Additionally, his book, The Ultimate Investment, is a No. 1 bestseller and new release on Amazon.

In this episode, I talk with Mark about his journey from financial adversity in his youth to a successful career in financial services. We discuss the importance of protecting entrepreneurial confidence, differentiating between owning a job and running a business, and the concept of transformational versus transactional investments. Mark also shares his philosophy of investing in oneself and shares his “Ikigai” framework for finding passion and purpose in one’s career.

In this episode:
(00:00) - Welcome to Mindful Money
(00:59) - Meet Mark Murphy
(01:55) - Mark’s early life and lessons on money
(04:02) - Career journey: From college to CEO
(05:43) - Insights from The Ultimate Investment
(06:26) - The difference between buying a job and running a business
(08:45) - Entrepreneurial mindset and confidence
(10:17) - Transformational vs. transactional investments
(13:55) - The Ikigai test: Finding your path
(19:43) - Advice for entrepreneurs
(22:55) - Mark’s perfect day
(23:52) - The last thing Mark changed his mind about

Get full show notes and links at https://mindful.money.

ABOUT MINDFUL MONEY:
Do you struggle with money? You’re not alone.

Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration, it becomes destructive.

The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.

Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.

If you aren’t happy with your finances, feel like money takes more time than it should, or want to place your financial decisions into the broader context of your life, this show is for you.

Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy but do NOT improve outcomes.

CONNECT WITH MARK:
Website: https://markbmurphy.com
LinkedIn: https://www.linkedin.com/in/mark-b-murphy
Facebook: https://www.facebook.com/NortheastPrivateClient
Instagram: https://www.linkedin.com/company/northeast-private-client-group

MINDFUL MONEY RESOURCES:
Website: https://mindful.money
Jonathan DeYoe on LinkedIn: https://www.linkedin.com/in/jonathandeyoe
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Mindful Money on YouTube: https://www.youtube.com/@MindfulMoney

🎙️Podcast Production by Turncast: https://turncast.com.