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Tom Bilyeu's Impact Theory

The #1 Secret Billionaires Know About Success That You Don't | Alex Banayan (Fan Fav)

Tom Bilyeu's Impact Theory

Impact Theory

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

4.7 • 5.1K Ratings

🗓️ 19 April 2025

⏱️ 57 minutes

🧾️ Download transcript

Summary

Fan Favorite: This episode originally aired on June 26, 2018. Alex Banayan dropped out of college to hunt down and ask legends like Bill Gates, Steven Spielberg, Maya Angelou and more how they accomplished their dreams so he could share it with the world. These stories as told in the best-selling book, The Third Door, reframe what most consider “secrets” to success into human journeys of failure and persistence. Business author and one of the youngest VC’s ever Alex Banayan shares the wisdom from his and many others journeys on this episode of Impact Theory with Tom Bilyeu. SHOW NOTES: Alex breaks down The Third Door mentality and how he used it to fund his dream. [2:37] Alex on how external voices and rejection factored into his journey. [9:23] Alex tells the power and importance of friendship in his success. [17:54] Alex talks about fear within uncertainty and how to work with it instead of against it. [24:06] Alex shares Steven Spielberg’s incredible story of turning rejection into a new path. [28:35] Alex shares the story of Qi Lu and how he redefined the word “luck”. [34:43] Alex touches on insecurities and developing self-awareness. [42:40] Alex reveals the impact he wants to have on the world. [47:05] FOLLOW ALEX BANAYAN: TWITTER - https://bit.ly/2tf2FL1 FACEBOOK - https://bit.ly/2yubDKj LINKEDIN - https://bit.ly/2ljSDo1 INSTAGRAM - https://bit.ly/2tnyxgD CHECK OUT OUR SPONSORS Audible: Sign up for a free 30 day trial at https://audible.com/IMPACTTHEORY  Vital Proteins: Get 20% off by going to https://www.vitalproteins.com and entering promo code IMPACT at check out Kettle & Fire: Get 20% off your first order at https://kettleandfire.com/impact with code IMPACT  Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Thrive Market: ​​Go to https:thrivemarket.com/impact for 30% off your first order, plus a FREE $60 gift! American Alternative Assets: If you're ready to explore gold as part of your investment strategy, call 1-888-615-8047 or go to https://TomGetsGold.com Tech Unheard: Tune into Tech Unheard from Arm and NPM—wherever you get your podcasts. iTrust Capital: Use code IMPACTGO when you sign up and fund your account to get a $100 bonus at https://www.itrustcapital.com/tombilyeu  Mint Mobile: If you like your money, Mint Mobile is for you. Shop plans at https://mintmobile.com/impact.  DISCLAIMER: Upfront payment of $45 for 3-month 5 gigabyte plan required (equivalent to $15/mo.). New customer offer for first 3 months only, then full-price plan options available. Taxes & fees extra. See MINT MOBILE for details. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER SCALING a business: see if you qualify here. Get my battle-tested strategies and insights delivered weekly to your inbox: sign up 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. ********************************************************************** Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu ********************************************************************** LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory ********************************************************************** 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's the cinematic event of the year.

0:03.1

Critics say astonishing, tremendous, a triumph of savings.

0:07.3

Are you talking about death of a unicorn?

0:09.4

No, Sergei.

0:10.0

It's two-for-one cinema tickets from Compaise Market.

0:12.7

Oh.

0:13.5

But you can use this magnificent offer to see Death of a Unicorn only in cinemas.

0:18.7

Woo-hoo!

0:19.3

Get two-for-one cinema tickets every Tuesday or Wednesday with compares the market.

0:23.2

Simples!

0:24.1

When you take out qualifying product to compare the market.

0:26.3

One membership per year, participating cinemas, two standard tickets only cheap as free.

0:29.3

T's and Cs apply.

0:30.7

The weather.

0:31.7

Tomorrow, expect a...

0:33.5

Biting cold front.

0:34.8

Hmm, how naughty.

0:36.2

I wonder what I'll be wearing or taking off.

0:39.2

The night will be wild and untamed.

0:41.4

Expect heavy, lashing rain that'll soak you to the skin.

0:45.2

By Monday, temperatures will rise slowly but surely reaching their peak in the afternoon.

0:51.4

Not in the mood for miserable weather?

...

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