5 Proven Ways to Become a Millionaire | Tom Bilyeu (Replay)

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.7 • 5.1K Ratings

🗓️ 30 August 2024

⏱️ 117 minutes

🔗️ Recording | iTunes | RSS

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Summary

On Today's Episode: What these five guests have in common is that they figured out what it would take to get rich and once they got the core principles down, built their foundation, and went to work on being relentless about becoming world class, wealth became a byproduct of doing whatever it takes. Do you have the grit to tie your identity to the person you need to become to reach that next level? Jaspreet Singh is the CEO and founder of Money Mindset and Market Briefs. Check out the full Impact Theory episode with Jaspreet Singh: https://youtu.be/42k9vH3OXI0 Brendon Burchard is a best selling author and a world renowned motivational speaker and high performance coach. Check out the full Impact Theory episode with Brendon Burchard: https://youtu.be/Q-xVb3V_zqI David Meltzer is a speaker, author, investor, and co-founder of Sports 1 Marketing. Check out the full Impact Theory episode with David Meltzer: https://youtu.be/yT98z1iTHnU Glenn Stearns is the CEO and Founder of @kindtpo and a serial entrepreneur that has starred in Undercover Billionaire. Check out the full Impact Theory episode with Glenn Stearns: https://youtu.be/M7xylRAp_uw Ken Honda is an entrepreneur and best-selling author of the book, Happy Money. Check out his full Impact Theory episode here: https://youtu.be/PtifGrHy60g [Original air date: 9-8-22]. SHOW NOTES: 0:00 | Introduction 0:20 | Make Your Money Work For You 24:37 | You Need It vs. Just Wanting It 39:43 | Signs You Will Be Rich 1:05:13 | Billionaire Lessons You Need 1:30:22 | The Secret to Wealth CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at https://impacttheory.co/landroverpodAugust24 Oracle: Take a free test drive of OCI at https://impacttheory.co/oraclepodAugust24 Shopify: Sign up for a $1/month trial period at https://impacttheory.co/shopifyAugust24pod Found Banking: Sign up for Found for FREE today at https://impacttheory.co/FoundITAugustpod AG1: Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://impacttheory.co/AG1pod. Aura: Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/impact to start your free two-week trial. Quickbooks: Go to Quickbooks Payroll to get 50% off 3 months HubSpot: Check out HubSpot’s Starter CRM Suite for FREE and get all of the essential tools, education, and support your business needs to grow efficiently! FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's
0:05.0	mindset play-biliu here? If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Biliu's Mindset Playbook.
0:09.0	It is a gold mind of my most impactful episodes on mindset, business, and health. Trust me, your future
0:15.8	self will thank you.
0:17.0	You don't want to just not save any money. You got to be strategic with it. There are three reasons
0:21.7	why you should be saving money. You save money for an emergency,
0:24.4	save money for a big purchase, you want to buy a car, you want to buy a house, you need some cash, you do that.
0:28.4	Save money for an investment. If you're not saving money for one of these three reasons,
0:32.4	you are saving your money the wrong way and your savings are literally making you poorer each and every day.
0:38.0	While your friends were spending their money at a party, you're spending money on building a business.
0:44.0	Right.
0:45.0	Like that fundamental difference of spending it on fun shit that goes away or equity, in this case
0:50.6	your own company, is a world of difference.
0:54.0	So I just want to anchor everybody back around to those like money habits you've got what all my mom
0:58.9	would have called pissing money away, right?
1:01.4	Literally an alcohol. You're just pissing that money away.
1:04.0	Or putting it into something that's going to go to work for you. In your case, it was a business, it was a real estate.
1:10.0	Yeah. And if people can just grab that fundamental difference like of hey start thinking about the world in this different way they're going to be a huge step forward.
1:19.0	And it's all a learning process because I don't drink I don't smoke I never drink but for me it was the only it was it was a hustle right it was the only way that I knew to kind of start making some money and so it is how you start and you learn and each one of the things that you kind of do you're going to learn something you and you're going to be able to apply that to the next thing.
1:39.0	And it really is that shift. You know, I call it the minority mindset thinking differently than the majority of people because it's it's doing something different most of us are taught just to be consumers
1:48.1	You're trade time for money go buy new cool things to flex exactly Exactly, and that's it.
1:52.7	We're never taught to do anything else.
	...

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