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The James Altucher Show

Discover Sahil Bloom's Secrets: How to Transform Your Life with 5 Types of Wealth

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 2 April 2025

⏱️ 60 minutes

🧾️ Download transcript

Summary

A Note from James:

Sahil Bloom is one of probably the wisest people I've had on the podcast. Young guy just wrote the book, The Five Types of Wealth, and he's talking about time wealth, social wealth, mental wealth, physical wealth, and of course, financial wealth. He’s developed content and techniques he's shared in his newsletter and on Twitter, offering concise, easy-to-understand ways for increasing your wealth in each of these categories. This episode has immense value—one I definitely plan to share with my kids.

Sahil introduces this concept of asymmetry: small actions that yield outsized rewards, applicable across career, social, financial, mental, and physical wealth. Like consistently fetching coffee for your boss, leading them to trust you with larger responsibilities. It's these small but impactful steps that can dramatically improve your wealth in each category.

Here's Sahil Bloom, author of The Five Types of Wealth: A Transformative Guide to Design Your Dream Life.


Episode Description:

In this episode, Sahil Bloom breaks down his transformative ideas about wealth—going far beyond financial success to include time, social connections, mental health, and physical wellbeing. Sahil shares his personal journey from a lucrative career in private equity to discovering a deeper sense of purpose and satisfaction. He emphasizes finding asymmetrical actions—small, manageable steps that can deliver significant positive changes. Listen to learn how Sahil redefined success, discovered his true north, and how you can too.


What You’ll Learn:

  • How to identify and leverage asymmetrical actions for massive gains in personal and professional life.
  • Practical strategies for mapping out your strengths and passions to build a life filled with purpose.
  • Why taking control of your physical health can immediately boost confidence and life direction.
  • How genuine social connections profoundly impact your mental and emotional wellbeing.
  • Concrete steps to redefine success on your own terms rather than society's.


Chapters:

  • [01:00] Leveraging Social Media for a Book Deal
  • [03:00] Why Success Stories Are Often Misleading
  • [06:00] The Authenticity Behind Sahil’s Writing
  • [09:00] Grappling with the Finite Nature of Time
  • [12:00] Realizing Time Wealth Through Personal Experience
  • [17:00] Identifying Poverty in the Five Types of Wealth
  • [22:00] Making a Radical Life Change
  • [27:00] How to Find Your Purpose
  • [31:00] Practical Steps for Finding Direction
  • [36:00] The Power of Physical Activity
  • [40:00] Creating Financial Wealth by Adding Value
  • [47:00] Social Wealth: The True Measure of Friendship

Additional Resources:


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Transcript

Click on a timestamp to play from that location

0:00.0

Sahil Bloom is one of probably the wisest people I've had on the podcast.

0:13.2

Young guy just wrote the book The Five Types of Wealth.

0:17.2

And he's talking about time wealth, social wealth, mental wealth, physical wealth, and of course, financial wealth.

0:24.6

And he basically has developed ways for himself and for others, content that he's shared in his

0:32.4

newsletter and on Twitter and in this book, he's coming with all these great techniques for increasing your

0:39.9

wealth in each of these categories. And, you know, and he says things in such a concise

0:46.9

and easy way to understand. There is just so much value in this episode. This is another episode

0:53.0

I'm certainly going to share with my

0:55.4

kids. You know, just as like an example, and he almost has like a mathematical way of thinking

1:01.8

about these things. Like for instance, for career success, and this really works for any type of

1:06.5

success or any of these types of wealth, he introduces the idea of asymmetry.

1:14.2

So what small things you can do that yield really great outsized rewards.

1:21.4

So rewards that seem much greater than the small effort that was put in.

1:26.4

So an example from career success is like if you

1:29.9

always fetch coffee for the boss and you always do a good job with that, the boss is more likely

1:35.4

to trust you with bigger and bigger jobs and potentially promotions and higher salaries and so on

1:42.0

because you're the person that delivered and on a very small thing

1:46.3

it required zero effort but many people don't put in that slightly slightly extra effort in career

1:53.4

but it's the same thing with social wealth financial wealth mental wealth like one of those

1:58.9

small things you can do that greatly increases your wealth in each

2:04.1

category. And again, this is an episode I plan on sharing with a lot of people. But here is

2:11.7

Sahil Bloom, the author of The Five Types of Wealth, A a transformative guide to design your dream life.

...

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