This Is Why CHASING Money Is NEVER The Answer To Your PROBLEMS

43:39
 
Share
 

Manage episode 317253370 series 1333789
By Impact Theory. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Check out our sponsors:
BLUblox: Go to blublox.com/impacttheory for 15% off your order or use discount code ImpactTheory at checkout.
Athletic Greens: Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase!
Novo: banknovo.com/IMPACT
InsideTracker: Get 25% off their entire store at insidetracker.com/impacttheory
If you’ve been following me for any length of time, you’ve probably heard about the years I spent chasing money - and how it left me emotionally bankrupt.
Don’t get me wrong - money is a powerful force. It gives you the ability to close your eyes, imagine something that you want to create, and then open your eyes and actually be able to go out there and do it.
However, I’ve also found that people have wildly different opinions on money, how we should relate to it, and how it affects our levels of happiness and fulfillment.
But what do people who have really mastered the game of money have to say about it?
What constitutes a wealthy life? How should we define success? How do we create and monetize long-term value for those we serve?
Todays’ episode of Impact Theory answers those questions, and many more. I’ve assembled some of my favorite moments from past guest interviews, all revolving around our relationships with money and financial success.
What was your #1 takeaway from the episode? Let me know in the comments below! 👇
SHOW NOTES:
00:00 | Ken Honda on shifting your focus around wealth
09:01 | David Rubenstein on children of wealthy families
17:54 | Ramit Sethi on rewriting your invisible scripts around money
28:10 | Tilman Fertitta on forging your own path in business
37:05 | Yancey Strickler on new ways of measuring value
QUOTES:
“I think wealth is an attitude. If you feel like you're so happy, and so content with what you have, you are already wealthy. But if you have to struggle every day, and you cannot find happiness, either in your business or in your personal life, I think you're not wealthy, even if you have billions in your bank account.” - Ken Honda [05:38]
“Raising children is a complicated thing. If you mess up raising your children, nothing else in life really matters. Your ultimate legacy is not a building named after you, or a scholarship named after you - it's your children” - David Rubenstein [13:50]
“It's not impossible to make money - there's actually a lot of people making money. It's not impossible to get ahead, pay off debt, even invest and grow - there's a lot of people doing it. But if you're surrounded by people who constantly complain about how difficult it is, and it's impossible, guess what? You're going to absorb those invisible scripts.” - Ramit Sethi [19:43]
“You've got to know your God given gifts, and everybody has it. Everybody in this room has it right here. So do what you know was your God given gift and find a way to use that as your path.” - Tilman Fertitta [33:18]
“My assumption was always that financial value is simply the first value we've learned to rationally express - that financial value is a proxy for goodness that is mathematical and that is tradable and that is universal - and that that process can be repeated for other values” - Yancey Strickler [44:48]
FOLLOW KEN HONDA:
WEBSITE: https://kenhonda.com
FACEBOOK: https://bit.ly/33gYfss
INSTAGRAM: https://bit.ly/3FbTBJw
TWITTER: https://bit.ly/3tc0IQ4
FOLLOW DAVID RUBENSTEIN:
WEBSITE: https://www.davidrubenstein.com
TWITTER: https://bit.ly/3Gbdnq9
FOLLOW RAMIT SETHI:
WEBSITE: https://www.iwillteachyoutoberich.com
FACEBOOK: https://bit.ly/3Fe2RNk
INSTAGRAM: https://bit.ly/3Gd7GrJ
TWITTER: https://bit.ly/3zIChux
FOLLOW TILMAN FERTITTA
WEBSITE: https://www.tilmanfertitta.com
FACEBOOK: https://bit.ly/3qZ5SvT
INSTAGRAM: https://bit.ly/3GbWDyW
TWITTER: https://bit.ly/3tbzTeA
FOLLOW YANCEY STRICKLER:
WEBSITE: https://www.ystrickler.com
INSTAGRAM: https://bit.ly/3f6xRnZ
TWITTER: https://bit.ly/3td2uQS

914 episodes