180. Building Wealth While In Debt At 49 With Cathy Mazak

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Episode Synopsis:

In this engaging conversation, Cathy Mazak shares her transformative journey from academia to entrepreneurship, detailing her experiences in the 7 Figure Wealth Mastermind. She discusses the challenges of stabilizing her business finances, the decision to purchase a dairy farm as a legacy project, and the evolution of her personal and financial goals. Cathy emphasizes the importance of managing business debt without letting it overshadow personal wealth building, and how her experiences have empowered her family and future generations.

About Cathy:

Cathy Mazak was a tenured, full professor when she founded Scholar's Voice, a professional development company that helps women and nonbinary professors write and publish to the level in line with their expertise. Author of Making Time To Write: How to resist the patriarchy and take control of your academic career through writing, Cathy is dedicated to helping 1000 scholars dramatically change their relationship to academia by 2030. Her popular podcast, Academic Writing Amplified, teaches listeners how to take control of their careers by centering their writing, publishing their backlog of papers, and participating in the culture of academia on their terms.

Where to Find Cathy:

Website: https://www.scholarsvoice.org

Timestamps:

00:00 - Introduction to Cathy Mazak's Journey
03:35 - Transitioning from Academia to Entrepreneurship
08:19 - Stabilizing Finances and Setting Wealth Goals
14:12 - The Farm as a Legacy Project
17:54 - Dreams Change: The Evolution of Goals
25:17 - Making Tough Decisions: Selling the Dream House
36:38 -Empowering Future Generations Through Financial Stability

Category: Wealth

Keywords: Cathy Mazak, entrepreneurship, wealth building, financial stability, farm business, retirement planning, women's empowerment, business coaching, legacy project, personal finance