Aspire with Emma Grede - The Five Types of Wealth Everyone Needs with Sahil Bloom
Episode Date: December 23, 2025Emma sits down with bestselling author and entrepreneur Sahil Bloom to unpack the five types of wealth that actually determine whether your life feels meaningful or painfully empty. Sahil opens u...p about the real turning point in his life: chasing external success, hitting every traditional milestone, and still feeling like something was deeply wrong. As he tells Emma, he was “winning the game”, yet completely losing himself. From that gut-punch wake-up call came a complete life reset and the insights that became his New York Times bestseller The Five Types of Wealth. Sahil breaks down each type for Emma (Time, Social, Mental, Physical, and Financial) and explains why money is actually the least important of them all. This episode is an invitation to pause, to question, and to finally reconsider the metrics that have been running your life. Because the path to a more meaningful future starts with the choices you make today. Tell us which type of wealth you’re choosing to build next, and don’t forget to subscribe for more inspiring episodes of Aspire with Emma Grede. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Transcript
Discussion (0)
I am so excited to share my debut book with you or Start With Yourself, which is available now.
You might have seen the headlines, you might have seen the social, but this book is exactly
what I intended, a conversation that will make you think, and it's a blueprint for anyone
who wants success without the toxic positivity. Start with yourself is about self-leadership,
because wherever I go, women ask me how I got to where I am. But what you really want to know
is how you can get there. So I'm doing what I do best, sharing and
navigate keeping what's works for me in the hope that you can borrow from a philosophy that has
served me so well. The truth is I'm not an expert. I've just lived it. I've made the mistakes.
I've had the failures and I've learned what actually works. It takes a lot. It takes the most.
And this book is for anyone who's tired of feeling like a passenger in their own life.
It's about taking responsibility for your thinking, managing your emotions and getting clear on
your ideas and then knowing your next step. It's about picking
yourself up after failure, being accountable, but also forgiving yourself, pushing for wins,
and never, ever apologising for your ambition. It's also about challenging the rules that you've
been told. There is no perfect time. Balance isn't the goal. Alignment is and there's nothing
wrong with you wanting more. I'm precisely sure that the reason I've been so successful is
so I can share it with you. Start with yourself. My debut book is available now. Visit emigre.com
to purchase the book, also available on Amazon.
on, your favourite audio platforms and all good bookshops.
What if the wealth you've been chasing isn't the wealth you actually need?
Sahil Bloom is the author of the New York Times bestseller The Five Types of Wealth,
a groundbreaking new framework that challenges everything we believe about success.
We all reach a moment when the life we're chasing collides with the life we're actually
live in, the moment that shows you what you can never get back.
You may not be able to walk away from everything, but what Sahil reveals next might change
the way you live from this moment on. Sahil, I'm so happy that you're here today. Thank you so much
for being with us. I've read this book and I am obsessed with the concepts in it and I cannot wait.
I've got so many questions for you. It's unbelievable. I'm thrilled to be here. Let's get into it.
Let's get into it. So talk to me about how your book, the five types of wealth, actually came to be.
Oh gosh. I spent the first 30 years of my life chasing every definition of success that you are handed.
by the world. I think that in general, as a culture and as a society, we have a tendency to
move by default into the things that you are told you should want. It's sort of like a cultural
osmosis that happens from a young age, like in school, and then you get into university,
and then you get your first job, and everything becomes about getting the external approval,
the external affirmations from climbing the mountain or running the race that you are told
is the one that you should be doing. It's like go to the good,
school, get the job that is going to be the high status job. And you did all those things, right?
You did those things. And if I'm being totally honest, I did those things because it was grounded
in a desire to feel good about myself. I had an insecurity from a young age, really based on this
story that I told myself that I wasn't very smart. I mean, I have an older sister who was extremely
high achieving academically. I come from a household with an Indian mother, so very academically oriented,
and then a Harvard professor father, also very agnostic.
So there was no choice for you.
You were going to college.
Yeah, no pressure at all.
No pressure, right?
And my sister was like the extreme high achiever.
And so I was kind of like the near do well younger brother,
which created for me this story that I started telling myself that I just wasn't the smart one.
And was it a story you were telling yourself or did you actually have pressure from your parents?
I had real pressure from my parents.
Not in a bad way, probably, like in a helpful way, if it was channeled appropriately,
as my sister did, what I found is that those stories that you tell yourself can create your
entire reality. Because humans are incredibly good at finding evidence that confirms the story
you already believe to be true. And you'll look around... Good or bad, by the way. Good or bad.
Yeah, and you can replace the story with a good one if you have the wherewithal to question it
and scrape away at the assumptions, which I didn't. I was too young. It took me years. So anyway,
I had this insecurity. And what do you do when you have this internal void? You go and seek
external solutions to your internal problem. External solutions in our culture, fastest way is making
money and acquiring status. And I'm guessing like you did all of that, right? Because I've read so
much about you and you were very successful ahead of writing this book. Absolutely. I mean,
you did all the things. You went to Stanford. You did the right job out of Stanford. You made all the
money. Yeah. I was winning the game in the traditional definition of it. But 2020 came around and I
I started having the sensation that if that was what winning felt like, I had to be playing the wrong game.
And was it was COVID that really that turning point for you because you had a moment to slow down?
Or was there something inside you telling you that beforehand?
COVID created the space to actually see the bigger picture.
Because you slowed down.
For most people, I think.
I think a lot of people had that, you know, come to Jesus moment in whatever way.
Yeah, but not everybody acted on it.
A lot of people just were like, you know what, I'll take a break and then they jumped straight back into what they were doing.
Not everyone acted on it, but I think a lot of people felt it.
And I started feeling it because what I saw was I am winning at this one game of making money,
of getting promoted, of these bonuses.
But I started to notice that these other areas of my life were showing cracks or falling apart.
I mean, my relationships, I was living 3,000 miles away from my parents, never seeing them.
My relationship with my wife, unfortunately, we were in the middle of this two-year struggle with infertility.
And it was creating strain in our life, in our relationship for the first time.
and I was not present in the way that I needed to be in that moment
because I was so focused on money being the path
to us feeling good, to me feeling good as a person.
So you couldn't even really feel what the two of you were going through
with the infertility journey.
I mean, I've been through my own infertility struggles
and it's so difficult, but even more so if you're kind of a loaning.
Especially because infertility is something that men don't typically talk about.
And it is a struggle that,
people and couples typically are told to struggle with in silence.
Absolutely.
And I'm not supposed to talk about it and hide it.
It's shameful.
And there would have been a lot of good that came from me being willing to open up to
people around me about it, but I was not mature enough or comfortable enough in
order to do that in that moment.
And, you know, one of the most beautiful things of this entire journey for us was that
within a few weeks of making this big life change, which we'll talk about, we found
out that my wife was pregnant naturally.
That's wild.
I mean, when life comes into alignment, everything falls into place as it should.
Everything falls into place.
So take me back to this moment.
We're in 2020, you're starting to feel that something isn't quite right.
You have these infertility struggles.
What do you do?
How do you lift yourself out of that moment?
Because we all lived through it.
And like I said, some people did something with it.
Some people, you know, felt different.
But a lot of us, we got back into the life that we were living pre-COVID.
And you clearly did it.
It was a single conversation that changed the course of my life.
I went out for a drink with an old friend.
We sat down and he asked how I was doing.
And I told him that it had started to get difficult living so far away from my parents
who were 3,000 miles away on the East Coast.
I had noticed for the first time that they were slowing down,
that they weren't going to be around forever.
Well, that's a big realization, is it?
When you see your own parents age.
As a kid, you never imagine that.
Time is infinite.
And he asked how old they were.
And I said mid-60s, and he asked how often I saw them.
and I admitted that it was down to about once a year.
And he just looked at me and said,
okay, so you're going to see your parents
15 more times before they die.
That was my reaction to it.
Yeah, I mean, that's like heart-wrenching.
I just felt like I'd been punched in the gut.
Yeah.
And I had to actually take a deep breath
to not have an angry response to him saying that.
Because we never think about time in those terms.
You never think about time
in just how quantifiable, how countable it really is.
in the moments that we have with these people.
And the reality was, it was just math.
It wasn't rude or insensitive.
It was just, they're 65, they're going to live until 80.
I see them once a year.
It's 15 times.
Yeah, I mean, I've heard Jesse Itzler to kind of talk about this,
and I remember the first time hearing him quantify it in that way.
It made me, it completely redefined how I think about time in my own life.
You can have the awareness in a moment, but if you don't have it in the moment, it's useless.
And so for me, this conversation was the awareness in the moment.
moment. It was like, this is my testing point. And I needed to do something with it right then because
otherwise it was going to go away. What did you do? I went home and immediately, my wife and I got into a
deep, candid conversation about what our center really was. Was she accepting? Because you're not always on
the same, like, you know, wavelength. I know sometimes I'll have like a big moment. I can go home to my husband
and he's like, babe, I'm just tired. Can we do like not now. Was she open to that conversation at that moment?
She was open to it because the two of us have grown together through so many different seasons of life
that I cannot explain how in tune to each other's energy we are at this point.
She had seen this entire trajectory of the things that I was chasing, the things that I was doing
our own struggles and the things that we were facing with infertility.
And I think she saw in my eyes that I was serious that this was meaningful.
And look, both of our sets of parents, this applied to both of them.
parents in the same situation in the same place. We grew up together, so they all lived on the East
Coast. And within 45 days, we had made a dramatic change. I had left my job. We had sold her house in
California, and we had moved 3,000 miles to live closer to both of our sets of parents.
No, you didn't. Within 45 days. I mean, it's so crazy because, I mean, I say it like,
when I read this part, I mean, all the things go through your mind. It's like, how did you do
that? That's so quick. Like, what was your job security like? Did you have the money to do that? Like,
what was happening at this point in your life that you could just pick up and go?
Yeah, I mean, I had worked very hard for seven years.
It's not like I was rolling in money, but I had some level of safety net.
I also had been writing, you know, at that point for like a year.
There were kind of the seeds of maybe there's some other business that I could build here.
But the reality for me was like, if this is a total mistake and I spend two years trying to figure something new out, I can just take that as like my MBA.
And that approach is something that not enough people think about. We think of every single decision
we make as a one-way door. Jeff Bezos talks about one-way doors versus two-way doors,
that most decisions in life are actually two-way doors. If you walk through and you don't like
what's on the other side, you can turn around and walk on back through it. Yes. Yes. And we very rarely
appreciate that. We think every decision is so permanent. All these people... You are so right
about that. There are jobs at like Deloitte or Accenture or P.WC., working in consulting.
or an audit, and they have some burning thing that they want to go do. And they have this
impression that if they leave to go do it, they will never be able to get that job again.
We think about decisions are so finite, but then it's all the other stuff that creeps in, right?
It's like, yeah, I can do it and I can turn back, but like, is that shameful? Is it fearful
actually even getting to the place? It's like all of the other things that we start thinking about.
And I think, you know, how many people are listening to this today that are in a job that they
really don't like or in a circumstance that they really don't like. And it's the, it's, you know,
the impetus to get up and do something about it is really, really hard to find because of all
that stuff on the other side, because it's so unknown. Well, how did you know that what would be
on the other side was okay and doable? I'll give you the most tactical version of this,
because I think that a lot of people talk about this in the abstract and you say like, well,
have the confidence, bet on yourself. It's like, okay, well, that's easier said than done, right?
if I don't. What we're talking about fundamentally is taking a leap of faith in life. You're going
and taking a leap of faith. Leap of faiths are terrifying. That is why most people don't make the leap
of faith. They're terrifying. Because of on a deconstructed level, tactically speaking, the reason a leap
of faith is so scary is because you have an information and an evidence asymmetry. Meaning,
you have all the information in the world and all the evidence in the world about the fact that
you can live your life where you currently stand. You know exactly what it looks like. And you
you know that you can pay your bills, you know your responsibilities are met.
All these things here.
And on the other side, other side, you have none of that.
You have no information about what it looks like, and you have no evidence that you could live
a life over there.
So what that manifests as is fear.
It's this enormous expanse with nothingness down below.
So it's very scary.
But that is a solvable problem.
That asymmetry is a solvable problem.
You can gather information, and you can create little bits of evidence that start to
close the asymmetry and make it feel like less of a leap.
And so how did you do that?
What did that look like in that moment for you?
I was actually spending time unknowingly on a daily basis for about a year.
Writing this.
Doing that.
I was writing every single day because I was stuck at home and I had this energy and this
pull towards writing.
So I was gathering information by speaking to people, by spending time, by writing this
newsletter, writing tweets, doing these things that were gathering information and creating
evidence.
Do you have experience writing?
Did you write, like, as a kid while you were in college or was just something you did
during COVID?
Both my grandmother and my mother are incredible writers and storytellers.
We always had a very storytelling rich culture in our household, but I never considered myself
a writer.
I never thought of like I didn't take writing in college.
I didn't do any of those things because I thought, oh, I got to do finance and business
and go and do these things.
Like that was my mindset around it, seriously.
But I was fundamental, without knowing it, I was gathering information and creating evidence
that made that leap when I had to do it feel.
way less terrifying than it otherwise would have been. It felt like a manageable, like a step rather
than an enormous leap. I love the way you frame that. So interesting. So we did it. So we made this
big change. And as I said, within two weeks of getting into our new place on the East Coast,
we found out that my wife was pregnant, naturally. And I'm not a very religious person,
but if there was one moment in my life where I felt like God had winked at us,
That'll be it. It was that. That'll be it.
And I cannot, I mean, to this day, like, one of the most powerful moments of my entire life was driving home from the hospital with our son and pulling into our driveway and seeing both of our sets of parents there cheering for us.
Because it was this moment of recognizing that they were welcoming us home. We were in the right place. We were where we were supposed to be, that everything had come together as it should.
And all the things that mattered, everything that you had sacrificed on the other end, it's like, look at what you got in return.
I mean, it's incredible.
And a lot more time than there's like individual moments that you and your friend were calculating when you sat in that bar.
And that number, I mean, this whole realization and the reason that conversation was a catalyst that has ultimately led to this book, all of these ideas, is because in that one decision that we made, there's a powerful realization that you were in much more control.
of your time than you think. We had taken an action and created time. That number 15 is now in the
hundreds. Yes. I see my parents multiple times a month. They're a huge part, probably too much.
They're a huge part of my son, their grandson's life. We had taken an action and created time
for the things that we really care about. And anyone can do that. Anyone can take actions in these
other areas of life to build these other types of wealth, to live by your own design, to create your own
scoreboard of what a successful wealthy life looks like to you. So I want to get into this because,
and I love the way you frame it as the five types of wealth. First of all, brilliant, because I think
that we all, you know, we all think about that. We all want more in our life. And I want to start
in the way, you know, because you talk about wealth in a way that most people don't think about
wealth. But let's talk about it in like the societal definition of wealth. And you talk about
financial wealth so much. How have you framed that up in this book? I really,
frame financial wealth around the idea of what it means to you to have enough. The reason I think
enough is such a powerful concept is because expectations are your single greatest financial liability.
If your expectations rise faster than your assets, you are never going to feel wealthy. You are
never going to feel rich. You're just going to be chasing whatever more the world tells you you should
want. But isn't that the disease of our time, that all of our expectations are
sky high because of everything that we see around us, who has expectations that are lower than
their wealth at this point?
The key is not allowing them to just continuously inflate so that you can never appreciate
what you have.
I think about this all the time, that how many of the things that your younger self prayed for
have become things that your current self complains about?
The house that you prayed for.
That's a great framing.
I mean, it's true, right?
My son barges into my office, starts knocking things over while I'm trying to focus.
And I start having this train of thought.
This is so annoying.
Why is he doing this?
Why is he in here?
And then I have to snap myself back to four years ago when we were in the middle of this
infertility struggle.
I prayed every single night that we would one day have a healthy child.
And here I am in this moment complaining about the exact thing that I prayed for.
And we do that over and over again on our own journey.
The house that we prayed for becomes a lot.
the house that we complain is too small.
The car that we dreamed of becomes the car that we want to trade in.
Engagement ring you lusted after becomes the one that you want to upgrade.
Over and over again, we never catch ourselves and pull ourselves back into the moment
to recognize that sometimes you are quite literally living out your prayers.
And that is what we all need to do more of.
We need to stop taking out our phones and comparing our lives to everyone else out there
and start pulling ourselves into the present to appreciate more of the things that we are
actually experiencing.
How have you done that in your own life?
Give me an example of how you contextualize that and you're just every day.
I try to create awareness on a regular basis of it.
So, you know, I mentioned earlier that awareness is perishable.
What I mean by that is it's great.
I say this to you in an abstract.
You say, yes, I totally agree with you.
Got it.
But then you're on your phone and all of a sudden you find yourself spiraling on something
because some more is grabbing you.
Having that awareness more regularly, whether through a gratitude practice,
through some tiny action that you take on a more regular basis
can really pull you back and re-center you.
I gave the advice to someone yesterday.
Before going to bed, just write down one thing that you have
or that you experienced that made you feel really grateful
during the course of the day.
Do you do that?
Every day?
Yeah, every night before going to bed,
I call it my one-one-one method.
I write down one win from the day,
something that went well,
one point of tension or anxiety,
something I felt stressed about that I want to get off my brain.
and then one point of gratitude,
something that I felt grateful for.
It takes two to three minutes.
And you do that even on like a shitty day.
Even on a day where you're like,
I can't want one one today.
You just go like, I'm going to do it.
I'm pushing through.
Every single day.
What does it do for you?
It helps me go to sleep for sure
because I am someone who gets into bed
and has like mind racing on things that are stressing me out.
Writing it down immediately reduces that.
And it reminds me of progress that I made,
the win,
which ambitious people are really bad at recognizing when you have made progress on things.
You only think about the things you didn't do and how little you got to.
And then the gratitude piece is scientifically proven to improve your happiness and mental well-being.
Yes.
We know this.
It is showing across the board.
And it takes two minutes.
So you never have an excuse to say, like, well, I can't do my journaling because my journaling is a 30-minute practice.
This takes two minutes.
Anyone can find a way to do it.
You could have a piece of paper next to your bed where you just sit and screen.
It doesn't need to be beautiful or immaculate.
And that's the important point is tiny actions compound.
Anything above zero compounds in your life.
It doesn't have to be optimal for it to be beneficial.
So do the tiny thing that you know is going to contribute to you feeling a little bit better,
to pulling you out of the like doom scrolling that we constantly do.
The other piece, just eliminate things that make you feel negative about your life.
I mean, we need to be so much more judicious about the information that we are allowing into our brains.
You know this about food.
I mean, we all know this, but it's so hard to do, isn't it?
It's so hard to do on a daily basis.
Like, if you are a person that is curious, like me, I wake up, I want to know the news,
but I know that I shouldn't immediately look at my phone.
So what are you doing?
I do still look at my phone first thing in the morning.
I have just really dramatically curated what it is that I'm going to see.
I think that's a great shout.
You are hardwired. I mean, the phones are designed. They have entire teams of behavioral experts, PhDs, designed to make them addictive. You're probably not going to win the battle to make your phone less of an attractive thing. First thing in the morning. It certainly can't be obsolete in any of our lives. And you need it, right? To do work, to do all these things. But you can really carefully curate what you see, both through your algorithm and your feed, which you can design. You can make changes to it. I've done that very deliberately. Like anything that makes you feel negative, just do the not interested in this.
thing on Instagram or on whatever platform. And then for news, my life improved dramatically
when I reduced my news consumption by 95%. And I know just as much about the world. That's the
funny thing. It's like you consume more news. You actually end up learning less about the world.
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I'm going to ask you to take me back, actually.
Give me just so that we contextualize the book.
What are the five types of wealth that you describe in the book?
The five types of wealth are time wealth, which is all about freedom, freedom to choose how you spend your time, who you spend it with.
where you spend it when you trade it for other things. It's about understanding that time is your
most precious asset. Social wealth is all about relationships, your connection to those people around you.
Mental wealth is about purpose, growth, and creating space to actually wrestle with some of
these bigger picture questions about your life. Physical wealth is about health and vitality.
And then financial wealth is about money, but with the nuance of what we talked about,
this idea of having enough and what that really looks like.
And how did those ideas become crystallized for you?
I went on a journey following that big decision to move, to start to understand if money was not
the right scoreboard for building a good life.
If it was not the exclusive measurement of a good life, what was?
And I went and talked to, in the end, thousands of people.
You did.
Young and old over the last two, three years, as I went on the journey to understand this,
on through 100-year-olds reflecting back on their life,
what advice would they give to their younger self,
you know, 15-year-old kids,
their hopes for the future and the things that they were going to do
and everything in between.
And this was like purposeful research for the book.
I didn't know it was for a book at the time.
You just went out and you were like,
okay, I need to figure this out for myself.
Yeah, I am a hyper-curious person
and I am very much a student of human experience.
I love spending time with people more than anything else.
different people from different backgrounds, right?
Like, this wasn't me going and talking to the richest people that I could find and, like,
the most impressive people.
I spoke to everyone from, like, a man who had just gotten out of serving a 25-to-life jail sentence
for a heinous crime through a 99-year-old that was still interested in taking college classes
to, you know, 13-year-olds that were just starting their life and figuring out what mattered
and how money tied into it.
Everyone, I mean, all across the spectrum.
And the common thing.
themes that kept coming up were four things. Time, people, purpose, and health. Over and over again,
very few people talked about money. Money was kind of an enabler to some of those things, but it was not an
end in and of itself in the path that people were trying to create. When they envisioned their ideal
life, their ideal future, it was always about those things that really mattered to them in the end.
Money, people, time, health. Time, people, purpose, and health. Time people, purpose, health, and then money's
just the enabler. It was the enabler. It was a tool. It was a tool. It was a
But you sitting there from your financial background, like you knew you had to write about money.
I knew that it was a clear piece of the puzzle. Money isn't nothing. Anyone that tells you that money
can't buy happiness is lying. Or rich. Let's just be, yeah, I mean, let's just be completely clear.
But let's be completely clear. I mean, Maslow's hierarchy of needs is true. Like the early stages of your
life, you have to meet your basic needs. Food, shelter, basic pleasures, all of those things.
money directly buys happiness in those years. The unfortunate thing is that it creates a pattern in
your mind that an incremental unit of money equals an incremental unit of happiness.
But also there's this tap out point, right? There's a time at which you have enough
and it's no longer making you happy. Yeah, it has diminishing returns at a very significant level.
And the blind, myopic, narrow focus on it can actually lead to atrophy in the other areas.
Yes.
And that is, you know, I call it the Pyrrhic victory. It's the victory that comes at such a steep
cost, that it might as well have been a defeat. And you talk about three pillars of financial
wealth. So take me through those three pillars. Yeah. On the journey to building financial wealth,
it's really these three things that come into play. It is income generation, which is cash inflows,
making money, expense management, which is the outflows, and then long-term investment. And the
important point here. And you're saying those are the three things that you have to focus on.
Those are the three things that you have to focus on as you start to build. Money in, money out, and your
investments. And the most key piece there that gets lost is that the gap between the money in
and the money out needs to grow over time. Because that gap is your real wealth building asset.
The gap is what can be invested into things that compound. And in an ideal world to actually build
financial independence, you want that gap to grow so that you're stacking more and more into
your investments that compound over long periods of time. That's how you get the accelerating runaway
effect of wealth creation. My perspective,
is that every guru and financial guru out there has overcomplicated what it means to build wealth.
I would say absolutely yes, because you just broke it down so simply in those three steps.
But do you honestly believe that anyone can build financial wealth?
Yes.
Yes.
I mean, I don't think that that means that it is going to be the same level of difficulty for
everyone because your starting position clearly impacts your ability to get off the ground.
But I do think that anyone can take the core principles of how to achieve financial independence
and get out of a paycheck to paycheck cycle and start working towards a life of financial well.
That doesn't mean that everyone can go become a multimillionaire.
I think it can be very, very challenging depending on where you live and, you know, cultural
situations.
I mean, like, if you come from a low cast in India is going to be very challenging.
They're going to be hard.
But in the modern day and age, when every single person,
almost every single person has access to the internet and to education that is freely available
out in the world and to a global economy where you can work for anyone anywhere, the opportunity
playing field is increasingly evening. It's not to say it is even or that it will ever be even,
but it is evening. No, I believe that. I think that's a fair point. Talk to me just a little bit
about this idea that you touched on earlier, the expectations are our greatest financial liability.
Exactly what do you mean by that?
If your expectations continue to inflate beyond what you are able to actually achieve,
you will not feel a level of wealth or satisfaction.
Because that's the big thing, right?
The connector.
It's like anyone can go out and make money and achieve some level of financial security.
But you've got to level that with the expectations.
And you have to be honest about expectations and your limitations.
Yeah.
Scientifically, the person with $100 million,
who hangs out with a bunch of billionaires is going to be less happy than the person with a million
dollars who hangs out with a bunch of people with $100,000.
Your relative position actually matters more than your absolute position.
And we see this in a whole bunch of research.
Michael Norton, this Harvard Business School professor, asked a bunch of high net worth individuals
worth anywhere from a million through 100 million plus, how happy are you on a scale of 1 to 10?
then he asked how much more money would you need to be at a 10 out of 10.
And across the board, whether they were worth a million or a hundred million plus,
they all said they needed two to three times as much money.
It makes no sense.
At some point, there should just be a happiness number,
whatever it is that we think.
But humans have an incredible capacity to just do the two to three X thing.
We get the thing we thought we wanted.
We made our happiness conditional on some mountain top.
We get to the mountain top and just reset to the next one, wherever it is.
And how do you think about money now, like in your new life?
My definition of wealth is being able to take my son in the pool at 1 p.m. on a Tuesday.
That captures...
That feels pretty major to me.
That captures basically everything that I want.
That is my version of enough.
That's a very interesting answer.
I don't know anyone that would answer that question with that.
Because there's nothing to do.
Again, it's not to do about money.
It's not your choice in how you're spending your time.
Yeah, it has...
I have to have the freedom to be able to at 1 p.m.
Go and do that on a Tuesday.
I have to have the type of relationship where my son wants me to come out and do that.
I have to have a pool.
So I have to have a baseline level of money.
I have to be healthy enough to be able to do that.
I have to feel like free and happy to be able to do that.
So it captures.
But it's a great way to contextualize what is important to you when it comes to money.
And what that life is that you are actually trying to build towards.
What is the money for?
No one stops to ask that question on their journey.
Everyone sits around.
You go ask someone.
And you're like, well, what does enough mean to you?
What is the money for?
10 million dollars, 30 million dollars.
So that's the question we should all be asking ourselves.
What is the money for?
Not how much do I need to earn?
It's like, what kind of life do I want to live?
And therefore, what do I need to earn to get to that type of life?
You need to visualize in excruciating detail what the life is that you actually are trying to work towards and build.
Then you can go and create a plan to build that life.
it doesn't need to be Spartan or bear either.
I mean, me having a pool, right?
Like, that is not a Spartan life.
I can create my dream life and then go create a plan to try to build and work towards that.
The important point is that the visualized real life, me going in the pool at 1 p.m. on a Tuesday,
that does not naturally just disappear and reappear on the horizon in the way that a number does.
Humans do a great job of having numbers do the disappearing act.
But the life, the vivid imagination of the life you are building towards,
is a much more rational, natural way to operate.
So talk me back from that.
So you need to visualize exactly what you want in your life.
And then what are you doing?
You're working back into that.
You're saying, okay, 1 p.m. on a Tuesday,
I want to be able to take my kid into the pool.
Yeah, what are the actions that I can be taking on a daily basis
that are going to go and create that life.
Because it is very different than if I said,
I want to be on a private jet or a yacht.
Very different.
It's just a different set of a...
And it's not to say one is right or wrong.
No, it's just very different.
Yeah, the point is that you get to define
what the race is that you want to run.
If I talk to someone and they say,
you know, I really want to be a billionaire,
I really want to fly around on private jets.
I want to do all those things.
You know, I might disagree with the premise
that that's going to make them happy.
But if they want that, okay,
that's a different set of actions.
You are going to go have to create $10 billion of value.
Buy some company, you're going to have to have equity in it.
You're going to capture a portion of value.
That's the path.
So let's start taking actions to go and do that.
But if you want to create a life where you have the freedom to step away and go in the pool
and you want to have the time, the meaningful relationship with your kid in this way,
you want to be healthy enough to do these things, you need to invest in those things on a daily basis.
Were you ever that guy?
Were you ever the guy that was like, I want the private jet?
I want the things and all the things and the things.
And you right-sized your expectations?
Yes. I would just say that it was grounded in the wrong reasons.
I was that guy. I mean, in my 20s, that was the path I was marching down.
I just saw that there are a lot of things in life that look like a good deal when you look at the list price.
What I mean by that is like, we know that there is a price for the things we want to achieve in life.
We know that it takes a certain amount of hard work and energy.
and late nights and all of these things.
Building a huge company, making a billion dollars,
we kind of know that's going to require all of this time and all this energy.
But we very rarely think about what the real price is of those things,
which includes all of the other sacrifices that are made to other areas of life.
And there are a lot of things in life that look like a decent deal based on the list price
and or rip off when it comes to the real price.
Until they're not.
And my entire life fundamentally changed when I realized I would never trade lives with the people that I was reading books about.
There are so many people that I know.
And look, we're in New York City, that you don't have to look very far to see.
People who have made hundreds of millions, maybe billions of dollars that we pat on the back, we celebrate, we admire.
And we ignore the fact that they have four divorces and five kids that don't talk to them.
and we write books about these people and we tell them that they won the game
and we very rarely stop to ask ourselves,
is that actually a game that I care to win?
And for me, I saw that path.
I saw what it looked like and it wasn't for me.
And so if something's not for me and if I don't want what the end looks like,
I'm going to go ahead and opt out and find my own.
It's pretty simple.
It's pretty simple.
It's simple but scary.
It is scary because I think when you set yourself,
up, believing that that that is what you want, it takes a lot to ask yourself those questions
and a lot to reach inside and actually get the answers out. And in a culture that values
those things and values this traditional definition of what it looks like, it is hard to
opt out and create your own definition of success. But that is what you're asking people.
You're asking people to step back and answer the question of what is your definition of
success. Yeah, and we are creating a movement around this. I want that to be normal. I would love
for five years from now to be able to say it is entirely normal for people to create their own
definition of what it means to build a wealthy life and that we celebrate those things. And I start to,
I mean, I start to see it now. There's people on Instagram, you're starting to see this like
slight vibe shift where there's this content that's going viral that's like people living a really like
So, normal, soft life.
Yes.
Sending, homeschooling.
Like all of these different ways of life
that are getting traction
and people are appreciating.
We've understood that that is not happiness
on the other side of that.
Just as you say, it's not what brings you
ultimate happiness.
And we've read the studies, we've seen it.
There's so much more to life.
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I want to pivot because I want to make sure that we can get through everything,
time wealth.
Now, this is one for me as a very busy person that I may or may not struggle with.
But talk to me about your framework.
around time well?
The question I love to ask people when it comes to time wealth is, would you trade lives with
Warren Buffett? He's worth $130 billion. He has access. Most people at that point would be like,
yes. Yeah. I mean, he has access to anyone in the world. He breeds and learns for living. He flies
around on a Boeing business jet. It all sounds pretty good. But you would not trade lives with him
because he's 95 years old. There's no way you would agree to trade the amount of money
that he has for the amount of time that he has.
There is no way.
He wouldn't make that trade.
And on the flip side, he would give anything to be in your shoes.
He would give up every dollar that he has to have the amount of time that you have left.
So in that simple question, what you are doing is recognizing that your time has quite literally
incalculable value.
And yet, on a daily basis, how much of it are we wasting?
How much of it are we spending scrolling on our phones, comparing our lives to other people,
following these arbitrary timelines, stressing about the past, anxiety about the future,
all of these things that are fundamentally disregarding this one most precious asset that you really
have. And how did you get to that realization? Because you're just like every one of us, right?
Everybody is doing the same thing. What was it for you that suddenly was like, I am wasting
so much of my time and I cannot do it anymore? I think about this stuff way more than the average
person. I think that, honestly, I really think that that was the enabler, was just that
that conversation that I had with the friend
prompted me to start really thinking about this.
How was I spending my time?
How much of my time was I spending
on things that fundamentally drained my energy?
That is probably the biggest unlock for people
for anyone out there that wants to build more time wealth.
The first thing I would say is develop an understanding
of what creates energy versus what drains energy in your life.
Oh, that's just such a good way to think about it.
So the first thing to do is to just look at your life,
look at a week and go, what gives me energy and what takes energy away from me?
What happens if the things that take energy away from you are just stuff you have to do?
Like, let's just say you have a job and you're like, that just drains me of my energy.
Should you change your job?
I would deconstruct it one level further before making that decision,
which is to say I do something I call my energy calendar exercise.
So on a Monday...
What is an energy calendar exercise?
So on Monday, look at your calendar at the end of the day and color code things.
according to whether they created energy, meaning they felt lifted up, you felt an interest,
a pull from it, market green, if it was neutral, market yellow.
And if it drained your energy, if you felt physically drained, market red.
If you do that for a week, you will have a very clear visual perspective on the specific types of activities during your days,
both professional and personal, that create energy versus drain energy in your life.
You'll see it in green and red on your calendar.
That information is super valuable because it tells you a lot more.
more about what adjustments you might need to make, what things you might need to change,
what tweaks you can make to improve the overall energy flows during the course of a week.
And your outcomes in life follow your energy. When you are leaning into things that create
energy, things and people, you achieve the best outcomes. Yeah, and good stuff happens. And there are
always slight tweaks and adjustments you can make to the way things are being done.
How often are you tweaking, do you think? Are you looking every single week? I know. I do
this at least once a quarter. I will take a look at it once a quarter. Once you have an
awareness for it, you can kind of come back to it now and then and do it. But I would just say
there are things every time you look at it, there are going to be things that you fundamentally
cannot change. Like if I have to make sure I take my kid to whatever these things are,
maybe it's energy draining for me too bad. It's a responsibility. I have to do it. But then there are
things that you will initially say to yourself, I just have to do that. When the reality is there's
a slight tweak or adjustment you can make, that makes it neutral or even,
energy creating. An example of that for me was phone calls and Zoom meetings, massively energy draining.
I hate doing that. Would have rather, you know, in my old job, stacks of day, I would rather staple
on my stomach and sit there and do that for a full day. What I found, though, was that going on a walking
phone call is energy creating for me. Going out, I'm outside, fresh air, nature. I can't multitask
when I'm walking around. So it makes the call actually go better. The outcome's better. I took half my
phone calls and made them into walking calls. Suddenly, my weeks felt dramatically different.
Like a week that would have been massively draining, a day that would have been massively
draining turned into something that felt more neutral or even good. It's an example of just a
slight tweak where I would have initially said, impossible, I can't change anything about it.
I just have to do that. Two, let me ask the question again of, is there a slightly different
thing that I can do there? But that exercise of an energy calendar is a great place to start for
anyone to just understand, develop that awareness of what is creating energy in your life and what is
draining so that you can start making the tiny shifts, including with people. If you identify,
there are people you're spending a ton of time with that are just making you feel like you need
to take a shower, you should probably spend less time with those people and your life will get
better. Why do people find it so hard to get away from people that drain their energy? I personally
don't have this problem. I would never, ever spend time with people that take my energy. But I see it
around me all the time. What is that? It's much harder when it's your nuclear family or when it's
blood relatives. When it's friends, I think the biggest reason is that people have this
sensation or this sort of attachment to the idea that friends are things that you keep throughout
all the seasons of your life. You feel like, oh, well, that person's an old friend. That's just
the way they are. We say things like that. The reality is that your life has seasons. And
And not everybody's made for every season.
And very few are, actually.
They're going to be like maybe you can count on one hand the number of people that are going to be there across all of them.
Tiny handful.
That's okay.
At the end of the day, most of your friends aren't really your friends.
They are just along for the ride when it's fun, convenient, or valuable.
Because your definition of friend would be what?
My definition of friend is someone that I can call at three in the morning when I am down and out.
and they will pick up and be there.
And there are very few people at the end of the day that will be there.
And those are the handful. There's always only a handful.
And you need to find those people. You need to cherish those people.
And you have to have those people. It doesn't matter if you've got one or two of those people,
but you have to have those people. Those are the most important relationships you'll have
in your life. And the way you have those people is by being one to someone else.
Couldn't have said it better myself. That is an actual fact. I'm fascinated by this concept.
of you talk about there have been four types of professional time.
Can you just talk me through that?
Because that idea about how we should all spend our work hours,
I found truly fascinating.
Yeah, I have this concept that there are really four types of professional time,
two of which are largely forgotten and missing from most people's calendars.
The majority of professional time is spent in one, which is management time.
This is things like meetings, emails, processing, you know, like basic boring admin
tasks. That ends up being 80% of most people's calendars. Which is always such a shame.
The second type is creation. That's actually creating things. That's coding. That's writing.
That's creating in some way. Then there are the two types of really forgotten time.
One of which is consumption. This is about actually inputting new things at the top of the funnel
into your brain. It's reading. It's learning. It's conversations. It's the actual input of new ideas.
The best stuff. The top. It's listening to this podcast, as a matter of fact.
And then the last type is ideation, which is the time to really think about these things.
The biggest challenge is with ideation, it's so important to have time to think.
When you don't think, you never zoom out to see the bigger picture on anything in your life,
professional or personal.
And you don't allow these ideas to sort of intermingle and connect, which is where you get the sparks that create the 10x or 100x ideas.
Where all the best things come from.
where the best things come from. And you can make that change by just structuring those into your life.
You need to have blocks on your calendar that are dedicated to consumption and to ideation.
You probably already have them for management and for creation. Yes, but they need to be for
everyone. You need them for everyone. Even if you once a week where you have like a 30 minute
window where you're going to be just thinking about some of the bigger picture questions in the business
that you're facing or the idea that you're thinking about starting. Create that space
in your life to do that, and your outcomes will immediately start to improve.
That's incredible. And I think that that is so true because, you know, I once read that,
you know, Bill Gates takes an annual thinking week. And he'll go and he goes out to a lake
and he takes a stack of books and a stack of papers and he just goes and he thinks. And that's
where some of like the biggest ideas and the things that have ultimately changed the way that
we work, the way that we live now, that's where those things come from. Now, a lot of people
are not going to have a whole week, but the idea of maybe just taking an hour and lifting yourself
up above all of your problems, above everything that's going on, I know for me, that is a must.
Like, it's an absolute must. One hour, once a month. I call it my think day. It's like an adaptation
on his fancy week that he goes and does. His week looks so good. Yeah, I mean, if you have kids,
if you have life, like you can't really do that. Listen, and if you got a big company like Microsoft
it, maybe it deserves a week. Yeah. But go, I mean, and bring some big picture,
questions with you. There's eight thinking prompts in the book for those think days that'll really
get your brain zoomed out with a different perspective on your current situation. My absolute favorite
question to ask myself at these is, if you were the main character in a movie of your life,
what would the audience be screaming at you right now? We've all gone and watched a movie or TV show,
and you just want to jump through the screen and grab the main character and shake them and say,
like don't go down in the basement,
look behind you, chase the girl to the airport,
whatever the thing is.
Slow down.
Yeah.
You are that main character in the movie of your life.
And the audience would be screaming something at you right now.
So what is it?
What is the thing that is so blindingly obvious
from the outside looking in
that you are either choosing to ignore
or have yet to create enough perspective to see?
Yeah.
You speak a lot about this window of time
that we have with our kids and how short that is.
You have a son.
I have four kids. And there's so much in terms of, you know, I talk about it all the time, the
trade-offs that we have between our careers and our ambition and being with our family and being
with the people who matter the most. And I just wonder what your advice is for managing that time,
because we all know how important it is. But, you know, I have an enormous amount of ambition.
So how do you think about those two things coupled together?
You get 10 years with your kids.
It's not 18.
Everyone says you get 18 summers.
You don't get 18 summers.
The first few are really tough.
They're a nightmare.
The first few, you're just getting over the plane journeys.
By the time they're 12 or 13, they have friends.
They don't want to necessarily hang out with you.
They want to go do other things.
And we know, statistically, 95% of the time you have with your kids is gone by the time they turn 18.
75% by the time they turn 12.
I still find that.
It's jarring.
That tension that you navigate between presence and ambition, the desire to be present
during that magical window that you have with your kids, and your ambition, and your ambition
to go and create things, to go and build, the way that you choose to navigate that tension
is the most fundamental question that you face as a parent.
The way that I navigate it is to say that work-life balance is a balance is a way.
a lie. Thank you. I'll just say that. The entire idea of work-life balance places the two in
opposition to say that they are opposing forces and they pull against each other. The reality is that
you can build a life where all of these things are a part of the same mission, of building towards
the life that you actually want. My son, my wife, they are a part of this mission. Anything that I'm
going and doing, they are a part of that life that we are trying to.
create. So when I travel, when I'm gone, when I'm doing things, I want them both to understand
just as much as I do why I'm doing the things that I'm doing. What is it contributing towards?
What is the life that we are all working towards and trying to create? Because then, rather than saying,
oh, dad's gone, he doesn't want to be here, it's, dad's doing something important. There's a real why
behind the things that I'm doing. And that is such an important and simple shift that really just
comes from communication. The other piece to that is recognizing that while your presence and your
energy is critical, it is also essential that your kids see you working hard on things that
you care about. Absolutely. All right, so we've had financial wealth and time wealth. Now I want
you to talk about social wealth and what that means. Social wealth is all about your people.
And the visualization, the most important thing, right? I mean, the most important thing, I mean, the
the most important thing in so many ways.
Scientifically, we know relationships are the key to living a happy, healthy life.
The Harvard study of adult development was this amazing study.
They did over the course of 85 years, followed the lives of 2,000 people.
They found that the single greatest predictor of physical health at age 80 was relationship
satisfaction at age 50.
It wasn't your blood pressure or your cholesterol.
it wasn't your smoking or drinking habits.
It was how you felt about your relationships
that determined your health outcomes.
And then listen, we all, first of all,
that study is one of the most brilliant things ever
because it was so many people over such a long time span
and it was such a clear indicator of what actually matters.
But I feel like we all feel this, right?
We all know intrinsically that the people that we love,
the relationships we have, those social connections,
like we feel it intrinsically.
and yet somehow it isn't always on the list of things that make us feel good, right?
It just sometimes just slips away.
It's like we take that part for granted.
So how have you really honed in on that?
And how do you make your social connection something that you are able to focus on,
knowing that it gives you so much?
Very simple mindset shift changed everything for me here,
which is your social connections, your relationships,
are the best investment that you can make.
Thinking of them as an investment
is the recognition that they compound.
We know that with money.
You know that if you put away $50 today,
it's better than zero
because it's going to stack and compound in your future.
The exact same rule and principle
applies to your social relationships.
Sending the text to the person
when you're thinking about them
is better than doing nothing
because it is going to stack and compound
in the future.
It's going to build that relationship.
But relationships are the first thing
that fall by the wayside when we get busy. Because we think that it has to be something dramatic
for it to be beneficial. We think, oh, I need to spend hours with this person or I need to make sure that
I do the coffee date once a week or get together with this old group of friends. And it starts to create
stress so we don't do it. The reality is that the tiny, simple, boring, basic actions of letting
people know that you appreciate them, of reaching out, of texting your mom, calling in the two
minutes that you have, those things compound in your relationships. They really matter.
And those are the things that are going to create the texture of the good life that you want.
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I was thinking about this loneliness epidemic that you talk about so much.
And, you know, there are some shocking, like absolutely shocking data and trends.
Why do you think that is if social wealth is so important and so fundamental for us?
I think that loneliness killed my grandmother.
You do?
My grandmother lived in India.
And my grandfather, before he passed, like after he retired, my grandmitted.
grandfather and his four closest friends all built houses on this one tiny cul-de-sac so that their
wives could all be together if the men passed away. And all four of the men did die, and their wives,
their widows were still there, and they were the closest to friends. My grandfather died in 2005,
and for 15 years up until COVID, my grandmother did not go a single day without having someone
come over to play scrabble, someone come over for lunch, someone.
some chat, some friendship.
She was like a social butterfly every single day.
And she aged extraordinarily well.
COVID hit 18 months of lockdowns, not being able to see anyone,
aged my grandmother 20 years in the span of 18 months.
And she passed away shortly thereafter.
And it was not COVID that got her.
No.
It was the lack of social connection, the lack of that stimulation that it creates.
And many of us are creating that ecosystem in our own lives.
that environment of lockdowns we are doing to ourselves.
Yes, I see it over and over again.
There's like this crazy trend on TikTok right now
that talks about, you know, like making excuses not to go out
and just like staying home.
And I'm like, why is that a thing?
Like, I just don't understand that at all.
Why would you not leave the house?
Why would that be a cool thing?
Teenagers in the United States are spending 70% less time
with their friends in person than they were two decades ago.
Which is wild.
So how do we build on our social wealth?
You have to just invest in it in a basic way.
Spend time with people in person, first off.
Enough of the digital communities, enough.
I'm all for technology.
I love these things.
At the end of the day, humans are social creatures.
Relationships are what allowed us to survive and thrive as a species.
Relationships are built in person.
Spend time with people in person.
That is where we build real meaningful connections.
That is where you build the friendships of the person who you can call it three in the
morning. That's not done over technology. What mistakes do you think people are making when it
comes to social wealth? The biggest mistake I see people making is in thinking that you need to have
hundreds of connections in order to be socially wealthy. Depending on who you are and your natural
needs, if you're introverted versus extroverted, you may have a full social wealth cup from one deep
relationship, two deep relationships. And you think that you can have a full, that you can,
can be fully full with only two relationships. I do. I do. I don't think that... I can count my friends
on one hand. I mean, I'm being realistic. I think that most people are going to have less than five
true deep friends or relationships in their life. And I think that that's perfectly fun. The point is
having 10 people that don't really know you that you can't call it three in the morning is much worse
than having one who really knows you. Yeah. And who will really be there for you. Oh, I...
Definitely. I mean, I can't think of anything worse. Okay, we've done financial wealth, social
wealth. We've also done time well, but mental wealth. This is a really big one.
Mental wealth is all about carving your own path. It is about rejecting the default state of
normalcy that people want you to consent to and creating your own path. And this is a really challenging one.
because the worst thing in the world is not being on a bad path.
The worst thing in the world is being on a good path that isn't yours.
Bad path screams at you every single day to get off of it.
A good path that isn't yours, there is a lot of gravity to just stay on it.
Give me an example of that.
What do you mean by that exactly?
It's the person who has the thing that they've always wanted to do,
that's screaming at them to go do it.
but they have the middle manager job at something,
and they do not have the energy or the guts or the courage
to see what that other path might look like.
And having the courage to explore,
not necessarily to quit,
to throw everything by the way aside to go change it,
but to carve out 30 minutes a day,
to just see what that other path might look like,
a lot of benefit comes from that.
Maybe you find that that thing's not for you,
and you decide, oh, actually, this path is good for me.
But that unlived dream, that road not taken,
is going to eat at you for the rest of your life.
Unless you just take that little bit of time on a daily basis.
30 minutes a day is a beautiful thing.
In a month, 30 minutes a day, 900 minutes,
you can learn a whole lot about some other path,
gathering information, creating little bits of evidence,
figuring out what that other path might look like.
And you're talking about really finding a purpose.
Yeah, I'm talking about finding the thing that is going to make you excited to wake up on a Tuesday morning.
People with a clear sense of purpose have lower all-cause mortality. There is clear scientific evidence
that people that have a sense of purpose live longer lives. Wow. This was part of the Blue Zones
research that Dan Boutner did. There have been multiple studies and meta-analyses of this.
And it makes sense. I mean, we know this, that waking up in the morning and not knowing what you were
supposed to do, not knowing what you are waking up for, is going to make you feel very negative
about life. That is going to harm you in a whole lot of different ways. It also leads to more pessimism,
and we know scientifically that pessimism reduces the length of your life optimists live longer.
So for all of those reasons, figuring out and spending the time to think more about yourself,
what you love doing, what you're good at, what your world, however you define your world,
needs from you in this moment, finding the intersection of those things, and walking,
down that path in some way will bring you more joy and a longer life.
Okay.
Now I want to talk to you about a physical well.
Because this is a really tough one for so many people.
Hot topic right now.
I feel like it is a hot topic.
It is.
It is.
It is.
It is.
So all of the gurus in this space.
When you say gurus, who do you mean the gurus?
Anyone that is selling you a product associated with health and fitness.
have an incentive to make it as complicated as possible.
It is the exact same incentive that people who sell you fancy financial advice have.
Make it complicated so that you can't do it yourself.
Because then you need to hire me.
You need to buy my e-book.
You need to buy my course.
All the things.
Whatever, all of those things that I'm going to then sell you.
What that does is it creates a level of intimidation about what it means to be healthy.
Being healthy and getting fit and healthy is not about cold plunges at 4 in the morning or Saratoga
water bottles. It is not about red light therapy. It's not about saunas. It's not about having the
most experience. You mean social media is lying to it? Those things are amazing for social media,
but they are not what makes you healthy. What makes you healthy is basically three things.
Move your body for 30 minutes a day. Eat whole unprocessed foods at about 80% of your meals.
That's 17 out of 21 meals during the week. And sleep for
seven hours a night. If you can do those three things, you will be healthier than 90% of people in the
world. And I cannot sell you an e-book on that plan. That would be a very poorly selling e-book.
It is so simple and boring and basic. But it's the truth. That is level one of the physical wealth
video game. And anyone can go out and do that. And by the way, the rewards to that game are
entirely predictable. They are so certain. If you go and do that every single day, you will achieve
great outcomes. But you make it sound so simple, and yet for so many people, it's just not that
simple, right? There must be like a hack or some way that we can be like, like, do I really need to
exercise for 30 minutes a day and eat like, you know, whole foods and get seven hours sleep?
Because I'm busy and I like burgers and like I'm busy. Everyone wants the pill and the shortcut.
Yeah, they do. We do. You don't have a pill or a shortcut or something.
I don't have a pill to sell, unfortunately.
But you don't mind this 80-20 rule, right? You talk about the 80-20 a little bit.
Yeah, that is the 80-20. That is the 80-20. The crazy version is I would tell you you have to do an hour of this.
You have to sleep at hours. You have to do all these fancy protocols, take all these supplements, do all these things.
That might be level 100, but you don't have to worry about level 100.
Most of us don't need that. Yeah, until you just get through level one. Do the basics. By the way, the work.
doesn't have to be at the gym, you can go for a walk for 30 minutes and get much more benefit
than most people are getting on a daily basis. The thing that I fundamentally feel when it comes
to physical wealth is when the rewards are certain, you need to be able to convince yourself to do the
thing. I understand when the rewards are uncertain, why it's so challenging to motivate yourself.
If you were to say, like, oh, I'm going to try to build a business. I'm going to do these daily
actions. It may or may not work out. That is very scary. Tolerating uncertainty
is an equation for success.
People who are able to tolerate
the most uncertainty eventually
find a way to win.
Not everyone can do that.
That's very hard.
Health is an area
where you do not have to tolerate uncertainty.
If you do these things every single day,
you will look and feel better
than you did at the start of the month.
Guaranteed, unless there's some, like,
really edge case physiological issue,
but that's a separate thing.
99% of people,
if you do those things,
you will feel dramatically different.
And you think that's it.
To physical world?
like, that's your lot.
Yes.
Just do that.
Yes.
Do that as a starting point.
If you were not, if you were doing nothing, do that.
I feel like in the book, so much of it is surrounded with these, like, very big questions.
And I wonder if you've been able, like, how that's changed your life.
And if you've, ultimately, if you've got answers to the big questions since you wrote the book.
I really believe that the answers you seek in life are found in the questions that you avoid.
the big changes, the life that you are trying to build,
it's hiding in the things that you are avoiding asking yourself.
It's challenging questions that you're avoiding.
That is why I frame up those questions.
It is not to say that you are ever going to just wake up
with some enormous epiphany
and all of the answers that you've wanted for your life are there.
This is a journey.
Thriving in life is a continuous journey, not an end state.
trying to create an end state of perfection is actually a fool's errand. That is what leads us to
create this conditional statement with respect to our own happiness. We say, when I get X, then I'll be
happy. When I get this, then I'll be happy. When I get that, then I'll be happy. When the reality is we
need to build this into the journey. And that comes from wrestling with these questions on an ongoing
basis. And you are going to change. The lens through which I see these questions now as a father
of a three-year-old relative to when I was 30 and had no kids, very different. Totally different.
And it's going to be totally different when I'm 50 and my kids are out of the house or when I'm
70 and I'm retired. All of these things are going to change. So coming back to and sitting with the
questions, that is really where I think you find the most powerful value in your life.
Yeah. Absolutely, no doubt. Have you found it difficult to
almost like follow your own advice in the book?
I have struggled with different areas over the course of the last three years that I've been on
the journey. But that's part of it. The nature of life is that you have these seasons of balance
and unbalance and coming back to balance. And it's okay to lean into those. You don't need to
create this pressure in your mind, that your life is supposed to be perfectly balanced at all
times across these five types and you're going to grow evenly, your life is going to change.
What you prioritize or focus on during any one season will change. But you don't want to turn
any of the areas completely off. You can just have them on dimmer switches, right? One is turned up,
the others are turned down low. I love that idea. And that is a really liberating mindset.
To just lean into the season that you're in, to recognize that it is a season, it will.
will come to an end and that you can embrace the next season for whatever might come.
How are you teaching your little son these concepts?
I do not believe you can teach your kids anything.
I really believe you have to embody the things that you want them to learn.
If I want my son to treat my wife like a queen, I better damn well treat my wife like a queen.
So if I want him to understand the value of delayed gratification, he better see me working
hard on things now for some benefit value later. That is what he sees on a daily basis in our house.
He sees my wife and I have hard conversations, but then repair. He sees me work hard on things for work
and then reap the rewards of those things. He sees me work hard on things physically,
all my workouts. He knows I go to the gym. I do these things. And now I see him acting out
those things that he is seeing regularly. He's kind of mimicking those things. I can tell that he is
learning from seeing those. So that is really what I'm trying to do with him.
So, Hill, do you feel infinitely more wealthy after embarking on this whole journey after
speaking to so many thousands of people and then following the advice of your own book?
Do you feel more wealthy these days?
Infinitely more wealthy. I wrote it right at the very beginning of the book that I feel
like the wealthiest man on the face of the earth. And that's not a flex on anything because this is
my own definition of wealth. This is about me and how I feel. But I have taken the actions to create
the life that I actually wanted for myself and for my family. And anyone can go out and do that.
Anyone. Anyone. I love that. I'm going to take you for a quick rapid fire round before I let you go.
So what is the first thing that you do when you wake up?
Cold brunch.
I knew you had a cold sponge.
I was dead sure of it.
What's the last thing you do before you go to bed?
My one-one method that we talked about, I write down something that I'm grateful for.
It's a brilliant one.
What are you currently aspiring for in your business life?
I want to reach and impact a million people over the course of the next year with this book.
with these ideas. We've reached a quarter million people today, and I see the path to doing it,
and I am committed to getting it out there in the world. I have no doubt. And what are you aspiring
for in your personal life? I want to be the best father, husband, brother, and son that I can
possibly be. Great answer. What is a, I wonder if you're going to say your own one, but what's a book
that's changed your life? There's a book called When Breath Becomes Air. Oh, it's a great.
It's the doctor.
What's his name?
Paul Callanathy.
It's the first book I read this year and it is insane.
Yeah, I was sobbing on a plane when I read it.
Same.
Same.
I stopped on a plane.
It's not light.
It's not light.
It's not light reading.
But it is extraordinary.
Extraordinary.
I would say everyone has to read that book.
It's a really tiny little book.
You read it very quickly, but it's very, very good.
What's something that you valued when you were starting out that you don't anymore?
Fancy things.
Fancy bottles wine.
you know, status flexes, bought status flexes, I would say, things that you can acquire that
signal your worth for the world.
And what is something that you value now that you didn't back then?
The things that can only be earned, meaningful connections with people that you love,
building things that you can't buy overnight, knowledge, wisdom, experience, and a fit,
healthy body.
You cannot buy that.
It's amazing. Thank you so much, my dear. I so appreciate you being here.
Thank you. It was lovely. Thank you so much.
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Aspire with Emagreed is presented by Odyssey. I'm your host, Emagreed.
Our executive producers are Corrine Gilliard Fisher, Derek Brown, and me.
Our executive producers from Odyssey are Maddie Sprung Kaiser, Leah Reese,
Dennis, Asha Saluja and Jenna Weiss Berman.
Stephen Key is our senior producer,
Sound Design and Engineering by Bill Shorts.
Angela Paluso is our Booker,
original music by Charles Black.
Video production by Evan Cox,
Kurt Courtney, Andrew Steele,
Carlos Delgado and Arnie Agassi.
Social media by Olivia Holman.
Special thanks to Brittany Smith,
Sydney Ford, my teams at the lead company and WME.
Mora Karan, Josephina Francis,
Hillary Schuff, Eric Donnelly, Kate Hutchinson Rose, Tim Mekyll, Sean Cherry, and Lauren Vieira.
If you have questions for me, you can DME at Aspire with Emma Greed.
Greed is spelled G-R-E-D-E, that's AspI-R-E with Emma Greed.
Or you can submit a question to me on my website, emigreed.me.
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