
← THE PRIVATE BOARDROOM18 ago · 31 min
The Financial Mistake Even Millionaires Make
You can build a successful business, increase your income, and still never build real wealth.
In this episode of The Private Boardroom, Dr. Carlo Blanco sits down with Ber Mitchell, real estate strategist, investor, and advisor who has structured more than $3 billion in real estate transactions across Canada, the United States, and Dubai.
Together, they unpack one of the biggest financial mistakes even successful entrepreneurs and millionaires make—and why building wealth has far less to do with income than most people believe.
But this conversation goes far beyond money.
Dr. Carlo Blanco challenges Ber on something many founders and CEOs quietly struggle with: How much of building wealth is financial strategy... and how much is psychology?
They explore why some people continue chasing money long after they've achieved success, how fear and pressure silently influence financial decisions, and why the mindset that creates income isn't always the mindset that creates lasting wealth.
Ber also shares why his philosophy is simple:
"Don't buy property. Build a strategy."
Whether you're building your first eight figures or thinking about legacy, this episode will challenge the way you think about success, freedom, and wealth.
In this episode:
• The financial mistake even millionaires make
• Why high income doesn't automatically create wealth