Passion Struck with John R. Miles - Richard Dolan On the Importance of Financial Health in Life EP 432
Episode Date: March 22, 2024https://passionstruck.com/passion-struck-book/ - Order a copy of my new book, "Passion Struck: Twelve Powerful Principles to Unlock Your Purpose and Ignite Your Most Intentional Life," today! Picked b...y the Next Big Idea Club as a must-read for 2024. On this episode of Passion Struck, host Jon R. Miles interviews Richard Dolan, a financial fulfillment coach, about the significance of financial health in life. Richard shares his inspiring journey from working with high-profile individuals to transitioning into real estate. Full show notes and resources can be found here: https://passionstruck.com/richard-dolan-importance-financial-health-life/ Sponsors Brought to you by Indeed. Head to https://www.indeed.com/passionstruck, where you can receive a $75 credit to attract, interview, and hire in one place. Brought to you by Nom Nom: Go Right Now for 50% off your no-risk two week trial at https://trynom.com/passionstruck. Brought to you by Cozy Earth. Cozy Earth provided an exclusive offer for my listeners. 35% off site-wide when you use the code “PASSIONSTRUCK” at https://cozyearth.com/ This episode is brought to you by BetterHelp. Give online therapy a try at https://www.betterhelp.com/PASSIONSTRUCK, and get on your way to being your best self. This episode is brought to you By Constant Contact: Helping the Small Stand Tall. Just go to Constant Contact dot com right now. So get going, and start GROWING your business today with a free trial at Constant Contact dot com. --► For information about advertisers and promo codes, go to: https://passionstruck.com/deals/ Richard Dolan On Building Financial Success Through Integrity From working with high-profile individuals like NBA champion Juwan Howard to navigating the competitive world of finance, Richard's story is one of resilience, integrity, and commitment to core values. Join us as we delve into his experiences and lessons learned, offering valuable advice on financial health and intentional living. All things Richard Dolan: https://richarddolan.com/ Catch More of Passion Struck My solo episode on Why We All Crave To Matter: Exploring The Power Of Mattering: https://passionstruck.com/exploring-the-power-of-mattering Catch my episode with Dr. Anthony Youn On How To Feel Great And Look Your Best Watch my interview with Dr. Gabrielle Lyon On The 3 Keys To Being Forever Strong. Listen to my interview with Dr. Casey Means On Unlocking Limitless Health: Metabolism’s Key Role Catch my episode with Dr. Mark Hyman On How Personalized Medicine Is Revolutionizing Healthcare Listen to my solo episode On 10 Benefits Of Meditation For Transforming The Mind And Body. Like this show? Please leave us a review here -- even one sentence helps! Consider including your Twitter or Instagram handle so we can thank you personally! How to Connect with John Connect with John on Twitter at @John_RMiles and on Instagram at @john_R_Miles. Subscribe to our main YouTube Channel Here: https://www.youtube.com/c/JohnRMiles Subscribe to our YouTube Clips Channel: https://www.youtube.com/@passionstruckclips Want to uncover your profound sense of Mattering? I provide my master class on five simple steps to achieving it. Want to hear my best interviews? Check out my starter packs on intentional behavior change, women at the top of their game, longevity and well-being, and overcoming adversity. Learn more about John: https://johnrmiles.com/
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Coming up next on Passion Struck.
Politicians, members of the royal family, artists, writers, musicians, actors, producers,
dignitaries. I've worked with so many people from different classes of life. That's the one thing
I notice they all share in common is that when it's go time, it's grow time. They lock into
something really, really narrowly. I've called it the zoom factor. When you look at the zoom factor,
it's like the function of your telephoto lens.
And for some people, they might look at their camera
and say, like, that has a zoom lens as well.
When you zoom in on something, when you take that which is far
and you bring it close, nothing else matters.
Nothing else matters.
Taking something that's out there and bringing it right
here, so that's all that matters.
That's what they share all in common. Welcome to Passion Struck. Hi, I'm your host,
Jon R. Miles, and on the show we decipher the secrets, tips, and guidance of the world's most
inspiring people and turn their wisdom into practical advice for you and those around you.
Our mission is to help you unlock the power of intentionality so that you
can become the best version of yourself. If you're new to the show, I offer advice and answer listener
questions on Fridays. We have long-form interviews the rest of the week with guests ranging from
astronauts to authors, CEOs, creators, innovators, scientists, military leaders, visionaries, and athletes.
Now let's go out there and become passion struck.
Hello everyone and welcome back to episode 432 of passion struck.
Consistently ranked the number one alternative health podcast.
A heartfelt thank you to each and every one of you who return to the show every week eager
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Dive into our engaging passionstruck quiz.
Crafted to reflect the core principles
shared in my latest book.
This quiz offers you a dynamic way to gauge your progress
on the passionstruck continuum.
Just head over to passionstruck.com
to embark on this insightful journey.
In case you missed them,
we had two phenomenal interviews earlier this week.
First was with Sharon Salzberg,
pioneer in bringing meditation and mindfulness to the
Western world.
As the New York Times bestselling author and co-founder of one of America's first meditation
centers, Sharon provides timeless wisdom in cultivating compassion, resilience, and true
happiness.
I also had on Dr. Stephen Cabral, a renowned naturopathic doctor, author, podcaster, and
wellness advocate who will uncover the secrets of holistic health and healing.
And if you liked either of those episodes or today's, we would so appreciate you giving
it a five-star rating and review.
It goes such a long way in strengthening the Passion Star community where we can help more
people create an intentional life.
And I know we and our guests love to hear your feedback.
Today, I am so honored to host my friend Richard Dolan, a man whose life narrative exemplifies
the essence of transformation and purpose-driven success. Dolan, a financial fulfillment coach, has journeyed from the
challenging streets of inner-city Toronto to pinnacle financial mastery, amassing a
wealth of experience and insight along the way. His career showcases his commitments
to transforming individuals' relationships with money, wealth, and worth. In our conversation
today, Richard shares his inspiring journey, influenced by the iconic Gordon Gekko, where he embodied the relentless
pursuit of financial success. From there, we discuss his bold leap into entrepreneurship at
just 16 years old, and we'll also explore how his mixed heritage and challenging upbringing forged
resilience and unique perspective that propelled him to significant achievements in the financial
and real estate sectors.
Richard's story is not just about accruing wealth,
but about maintaining integrity
and making values-driven decisions,
especially in the cutthroat realms
of financial and wealth management.
He's not only a figure who's raised billions in assets,
but also a mentor committed to creating
a million millionaires by 2030.
His encounters with luminaries
like President Clinton Bush Obama
and personalities
like Oprah Winfrey and Jim Quick have enriched his understanding of what it means to be truly
passion struck. So stay tuned as we dive into Richard Dolan's remarkable journey,
extracting valuable lessons on wealth management, power of resilience, and the importance of living
a life aligned with one's core passions and aspirations. Thank you for choosing Passion
Struck and choosing me to be your host and guide on your journey
to creating an intentional life.
Now, let that journey begin.
I am absolutely honored and thrilled today
to have my friend Richard Dolan on PassionStruck.
What's up, man?
Hey man, so good to be here with you, my brother.
Yeah, I have been wanting to get this thing scheduled
for a while ever since I saw you
at Jim Quick's book launch.
I have to ask, how did you become the one MC for that event?
Oh man, because Jim loves me and I love him too.
That's why, that's why.
But I mean, all kidding aside, I think as we've talked
off air before we got started and we were comparing
sort of battle notes on how, you know, we make progress and open doors and get into the networks.
I mean, when you're able to handle and or work with or and interviews to do and a network to groom and relationships to pacify.
I mean, folks who are in that particular position
have lots going on.
So for folks like me and folks like you
who are published and accomplished,
who are speakers and sought after thought leaders,
sometimes just kind of check your ego and let it go
so you can be of service to the people
who are serving others is a pretty powerful place to be.
I've been to a few book launches,
but that one had to be one of the most dynamic ones
I've ever been to just the whole setup.
And I couldn't believe how many people he had there.
He must've had 400 books at least.
And by the time we were all gone,
all the books were gone.
And you can't think nor assert
that he would have grabbed just anybody off the street
because it was actually on an island
within a beach community of Miami.
So there was no stragglers on the streets if it were,
it was a gated community.
So everyone was there by invitation, with intention.
And I mean, look, Jim Quick is definitely
one of the standards of the industry. If you look at those in an industry that we're in and we share the human betterment business,
dare I say, Jim has been around for over three decades and he's been at it, making a difference,
producing great IP. So I think when you nurture your community, great things can happen. And a
real great example of that, I think probably the gold standard is like a Taylor Swift.
When you do great things by your fans, your followers, your faithful, great things can happen.
And Jim is no exception to the rule. He certainly does lead by example and he's a living demonstration of that point.
Yeah, I'm not sure I ever told you this story, but when I was talking to Jim,
I was asking him about his childhood background where he calls
himself the boy with the broken brain.
And the interesting thing is that I had the same thing happen to me,
different circumstances.
But when I was five years old, we were playing tag on the side of our yard and
we started getting rougher and rougher and I was running away from my friend
and he pushed me from behind and I went crashing through the basement window and ended up having a traumatic brain injury and caused a lot of issues after that.
So as I was looking at your story, you also experienced some struggles when you
were growing up, but from a different perspective, you grew up kind of in a
mixed family and in Toronto at that time, I imagine
people saw people as black or white, but you were different.
How did that impact school and some of the struggles you might've faced?
Well, I think speaking of broke, I mean, I didn't get a chance to break my neck,
my back or my brain, but we were, I grew up broke.
I mean, for a lot of people growing up broke sounds about right. And so, you know, being broke and in a very low to a bottom class society and
born to a very interracial family where my mother was one color, my father was another,
those were clear boundaries crossed and or compromised back in that time. I mean I was born in the early
70s and as a result you know you grow up in a time where that was not something that was looked upon
as well encouraging. It wasn't something that people smiled about and it was certainly not
something that had its own voice movement or an intention to get adopted quickly. So for Toronto
and anybody who was Canadian I mean Canada is definitely known as one of the most multicultural oriented populations in the world, nearly 40 million to
this day. The country stands to bring in about a million people a year from different countries
in all walks of life and it's what makes Canada so magical, powerful, dare I say even diverse.
But at that time it was just when things got started to really bring in people from different walks of life, cultures and colors.
And it created its own difficulty. So when you start having kids that start to ask you, well, are you this? And you say no.
And, well, are you that? And you say no. It's almost like you have to identify with how the world sees you.
So for a child who doesn't really understand
what color even means, I see what color is,
but I don't make it mean something growing up.
I think if you're five or six, kids don't say black or white.
They don't say Christian or Buddhist.
They don't say Democrat or Republican.
They just see you for what you are for them,
and largely just fun.
I mean, the white kid is a lot more fun than that kid,
or that kid's a lot more fun than that kid. And it's like, that's how we were as kids.
And so, I mean, that might be a difficult thing to say today. So, but back then it was hard. So,
you're right, John, it was really hard to grow up. I didn't want to identify as one class or another
or from that country or the next, because they always got it wrong because that was a mix. And a mix was wrong.
A mix was like, that's the bad batch.
A mix was the rut of the family.
It was an outcast, it was a black sheep.
And as a result, it was really hard to really fit in.
So that was a tough time, I mean, for sure.
Especially being an inner city child,
it was a tough time to be able to grow up through that.
Yeah, I grew up going to parochial schools,
but I remember from the time I was in third grade
through middle school, we had this boy, Danny Holt,
who went to school with us and he was mixed.
And I just remember how ostracized he got
from everyone else.
And you would have thought at a Christian school like that,
you would have had more acceptance,
but that was certainly not the case.
And I remember at times feeling really, really bad for him.
And as you know, as an author and a speaker
and someone who understands, you know,
human development technologies,
it's pressure that gives rise to diamonds.
And I think if it wasn't for that,
that one particular part,
aside from coming out
of a broken home and aside from having a struggle through school and having had learning disabilities
and having had a real tough time to just grow up in a tough neighborhood the way I did,
an inner city, you know, projects on the perimeter and the rise of hip hop and urban culture all the
same time, the reality was I think that's what gave rise to the person I became.
If it wasn't for that mixture of complex and crisis, concern and confidence,
I wouldn't have become the person I am.
I wouldn't be the leader I am, the business owner I am,
the advisor I am to the people I am, counted on and trusted and sought after for. And I wouldn't be the impact I am to the people I am counted on and trusted and sought after for.
And I wouldn't be the impact I am in the world today.
So I think I'm very grateful
for that difficult and trying time.
I wouldn't wanna wish that upon anybody,
but at the same time, I'm glad it happened to me.
Yeah, well, thank you for sharing that.
And as I was looking at your background,
I think that there are defining moments or events or things that
have a profound influence on us. And you, instead of going down
the route that so many people could have into alcohol, drugs,
etc. life on the street, you end up discovering Gordon Gekko
and Wall Street is one of the best movies ever.
I think that was probably his best acting
to this day, I still think.
But how did that movie and his character
shape your approach going forward
to want to have financial success
and lead you into entrepreneurship.
I mean, that's a great catch.
And that's a big part of my story for sure.
And I think we all have aha moments, whether it's a lightning strike and or the rolling thunder, there's things, there's signs, there's signals, there's statements and or conversations that you enter and or are around that shape your decisions in your view of life.
And therefore the things you value in life.
And then, of course, the become the pursuits in your life.
So for me, you're right.
And watching that movie, Wall Street,
at around the age of 16,
it was amazing to see that that movie
ignited something in me.
Dare I say, and can I borrow,
passion struck, struck by the idea
that that was a world I can see myself in.
That was a world, for those who aren't familiar with the movie,
Oliver Stone's depiction of how Wall Street looked in the roaring 80s,
where you had the villain and you had the innocent and you had the mix
and you had the crisis and the climax and the denouement.
But in the story arc, it was just really a great review of how Wall Street rocked, how stockbrokers moved
stock, how money was made and how it was spent and how lifestyles were achieved, but also
lives were broken. And so I didn't want to imitate the things I saw in the movie. I wanted
to emulate what I saw in the movie. I wanted to be in that world. I wanted to be amongst
that buzz. I wanted to be in those conversations in that suit with that tie with a brick phone on a beach and
saying, rise and shine, another day, another dollar and money never sleeps. I said, man,
that sounds talking to me. So for me, I feel like a lot of people who today talk about
going out there somewhere and finding your purpose, like somehow you were separated from birth from it
and you're in search all your life for purpose.
I think sometimes when you think it's out there,
you miss the opportunity of creating it over here.
So for me in that moment, I made a decision
that that's something I wanted to lean into
and learn more about.
And it was a catalyst that started a learning curve
that then led me into the financial services business.
But as a high school dropout, John, and as someone who didn't go to an Ivy league school or certainly didn't come from the lucky sperm club, I had no way
of getting into that industry at that time.
I'm talking like early nineties, 91 to be exact.
You couldn't just walk into a stock brokerage firm, but I lucked out where I
actually did and I walked into a firm that later became
Merrill Lynch and said, Hey, I want to apply for a job. And luckily for me, there was a broker who
was looking for a cold caller, someone that picks up the phone and dials coldly every day, all day,
looking for ways to open up accounts. And I got that job. And I was making 300 cold calls a day,
every day as a full time job. And that was the bottom of the bottom.
I think even a janitor got paid more than me.
I mean, really.
So, but I'm happy I did it because that's what got me in.
Yeah, I wanna go back to that for a second
because sometimes people in their life
experience jobs like that where you're in this position
where you were just hustling. You're probably not the dream position you had, but you knew it was a stepping
stone.
How do you put yourself thinking back to that time in the right mental position
to understand that when you're given an opportunity like this, you'd need to
double down and just go after it because of the unknown potential positive
things that it can bring in your life.
I think sometimes people find themselves in that space and they resist it or they're like,
this is beneath me or something like that. What changed for you in that circumstance?
Yeah, I think what's important for a lot of people to understand is that I wasn't so addicted or
attached to it having to look a certain way. I just wanted to be that way. So I wasn't so addicted or attached to it having to look a certain way.
I just wanted to be that way. So I wasn't so much concerned about what job I had. I
was just happy to be in the place I was amongst the people I was in the building I was. I
mean, I was on the 32nd floor of the most prestigious financial services building in
my city overlooking the water, overseeing the horizon. I mean, I was somewhere that people who were some buddies
went to work.
And so I was proud to be there.
And I think we get really caught up in having to have
the right watch and the right suit and drive the right car
and all that sort of stuff.
So in our own minds, we get to match outside
who we believe we are inside.
Because after all, we're all living legends in our mind.
But for me, I had no legendary in my mind.
I was really happy to have been in.
I was happy to be included.
And quite frankly, quite the opposite.
I was scared to get found out.
It's almost like somehow my ticket got me onto seats that were such great view.
I was like, are you sure these are my seats?
I can't believe I'm in these seats. They weren't the best, but they weren't the worst. And I thought
to myself, I really hope no one comes down here and calls me out on these tickets because
man, I'm in some really great seats. I had a great seat. I had a great seat in the fastest
growing industry of the time and who, which remains to be at this time, the financial
services and wealth management business. And I had a front row seat in an industry
that was really reserved for the accomplished,
the educated, the connected, the lucky.
And I was none of those.
So I was just really happy to be there.
So for me, it wasn't about having the dream job.
It was about being in the dream place.
For me, I was really happy to be there, to be included,
and to be a part of a, dare I say,
a community, dare I say a culture that was grooming me from the feet up into the person I am today.
Yeah, well, thank you for sharing that. And it's interesting how different our lives were when we
were both 23, 24. I'm overseas deployed in the military in combat zones, doing multiple deployments.
And at the same time, you're co-founding infinity mutual funds.
And I bring this up because this endeavor of yours that you were talking about the
starting aspects of ends up amassing over a billion dollars in assets.
If I have it correct, how did that early success end up shaping your path and
influence the transitions in your life to now getting into real estate?
And I'm very interested in then getting into self-improvement.
I mean, if there's a word that I would encourage your listeners to write down
right now would be the word mentorship.
You know, I didn't know what mentorship even was.
I didn't even understand how it was defined back then.
But what I didn't realize was I came under the mentorship of some really incredible people.
Unfortunately, all men, I didn't have the chance to get mentored by any ladies.
I wasn't that lucky.
And who knows, maybe I would have turned out even better.
I think I would.
But for these men, they were the top of class.
These were the men who were most revered, most celebrated, most decorated in that space. And speaking of declaration, by the
way, thank you, my friend, for your service for all people who are on deployments and people who
are all around the world, whether past, present, or yet to be. If it wasn't for you, none of us would
be able to do what we do. So thank you for that. But back to being decorated. I mean, the people I worked with were real heroes, I
mean, of the industry. So for me, I just want one small
correction. I wasn't necessarily a co founder of the mutual fund,
but I was a part of the co founding groups. So that might
be me just deflecting a little bit. I mean, was I an owner?
Yes. Did I own shares? Yes. I did. Did I know what that even
meant back then? No. But I was grateful that I was included in the founding groups
that created some incredible financial stories that today
remain legendary.
I mean, that particular fund was the first to hit a billion
dollars in assets in record time.
Eight months, one billion, and it's never
been matched again in the Canadian financial markets
history ever again.
So it says a lot about our marketing prowess and our ability to go out there, raise money and rattle the troops.
So for me, I think mentorship was key.
I was able to be a part of history where I wanted to speak like them, dress like them, be the part.
Now, remember, I said earlier on, I didn't want to be found out said earlier on I didn't want to be found out.
Remember I didn't want to be found out. I sat in my seat so to speak like I owned it. Like I bought it.
Like I didn't expect anybody to check my seat. So I acted as if. I behaved as if. I spoke as if.
So a lot of people oftentimes when they unpack my history and especially looking at my track record
and the things that I do there, like one of the questions they do ask is, how did you become that way? And I think it goes back
to, here it comes, that time. Working with the legends and the icons and the leaders
in the space and wanting to be the part so that I can at least fit in, not necessarily
get counts canceled out. And so for me, it wasn't because I was the smartest because
I wasn't, and it wasn't because I was the most successful.
It was because I was the hardest working at doing just that,
fitting in, being a contribution,
being a compliment to the team.
In fact, maybe even being a great compliment to the team
in some way, shape, or form.
One small quick example.
So if a financial advisor had clients coming in
and they were expected to meet with the financial advisor, meet with the investment planner and be able to sit down
and talk about one's money, I would be the one who'd be in charge of greeting the client
at the door because I found them.
But nobody, John, nobody greeted that client better than me.
I mean, I would go out there and I would introduce myself and welcome those people and ask if
their parking ticket was taken care of and to make sure that their parking was to their liking.
I want to make sure that the temperature in the office
was fine and if there was anything we could do
to make their time here even more pleasant.
Whatever it is the couple asked for,
whether it was a cappuccino,
which was not heard of back then, or a cup of tea,
whether it was a glass of wine, but a special Bordeaux,
but from a particular region,
I would always say we've got it.
And you want to know something, John?
We didn't have anything.
I would run downstairs into either a restaurant or into the food court
or down the street.
Even once I went five blocks to the liquor store to grab the thing
that my client wanted, and I would bring it back as if it were,
as if it was already in our kitchen waiting for them to arrive
and for it to be poured on ice or however they liked.
And so I was hospitable because I was grateful and I was grateful because I was
a part of something special. So I think mentorship drives us not to just emulate the people mentoring
you, but mentorship also is like the debt you can never pay off. So you're always being
your best version for the mentor. You're always bringing your best in gratitude
to who they are and what they've become for you.
Does that make sense?
It makes complete sense.
And mentorships and having that support structure
are one of the most important things
anyone who's successful needs to lean on
because none of us can do this on our own.
You better believe it, buddy, none of us.
And we all become what we're, some people would say, destined to be.
What I would say is that we all become what our pasts have programmed us for.
And whatever you cause and you create is by intention and design and not by default.
So a big part of who I could have been could have been a lot more of the same of the neighborhood I came from.
As you said, whether being on drugs or alcohol, and I mean, all those things are true.
And a lot of my friends got into stuff like that and I love them all.
But I never became anything close to the template of my past.
I could have and should have been a number of other things, but was not any of them because of the fact that I was in an environment
with caring professionals who wanted to see the best
for themselves and therefore saw me as an instrument,
right, to be leveraged for their purpose.
And as a result, I was able to become a great instrument
for impact in different places.
Well, thank you for sharing that.
And I wanted to just go over some of the core tenets
of passion
struck, because I'm going to allude to this as we go through.
The interview today, I love the book read by Angela Duckworth.
And when I was first reading it, she starts out by talking
about cadets from West point.
And that the reason that they ended up getting through these
barracks and then graduating was the
combination of their physical abilities combined, passion and perseverance being the two most
important. And she found that talent or intelligence really didn't matter in the big scheme of things
in their success. And I went to the Naval Academy. So I have a very comparable experience to these cadets.
And as I looked at this, in my own experience,
passion and perseverance were absolutely critical.
But to something you just brought up,
I thought she missed an important element of the triangle
and that was intentional.
Being intentional about how you were pursuing the goals
in accordance with your values.
And so to me, it's really that combination of what she calls grit
and intentionality, which is what I found was the secret ingredient
to how I've lived my life and why I think people graduate from the
academies or go on to do things like you have.
So when I think of someone who's passion struck, they are intentionally
carrying out the micro choices or actions of their days in accordance
with their values, aspirations and ambitions.
And it's this intentionality that catches you when you're not on
track and you need to course correct.
It's this intentionality that also helps you realize your core values
and the need to follow them.
When I look back upon Gordon Gekko, I wouldn't have thought in a million years,
he is an honest person or full of integrity.
And oftentimes that's what we think of when you think of the finance
and wealth management space.
How did you maintain your own integrity
and how much value did you put on your own core values
as you were building your career in this competitive world?
Well, that's a really great question.
I mean, first of all,
Bravo on your observations on the people
that you've learned from and were inspired by.
That's number one.
I mean, great books that do great things are always, I mean, great catalysts for more.
You speak to the term intention and by definition, it really does come down to focus. I mean,
when you really look at intention, it's by definition, it's a determination to act
in a certain way. I mean, that's where resolve lives. Resolve lives in intention. So oftentimes,
people will always say that I've got goals
and I've got aspirations and I've got an objective today.
But when you have an intention, it's kind of like,
I would rather plant the keystone with intention
than great aspiration.
So for me, understanding what that word means
is very important.
But to get to your next question around intention
that leads to integrity, I mean, that was actually a struggle.
I'm glad you brought it up.
To be honest, for me, as the industry began
to weaponize my motivation and my aspirations
to do really well, I was shipped out to workshops
and seminars and summits and conferences
to really galvanize and fortify this motivated kid
who just seemed to have gotten the job done.
And so whether we call that making me better at marketing or sales, I mean,
I would come back on fire to simply do what I was designed to do, which was drive
sales, find leads, convert into business and grow more.
But it was during that time when the self-development leadership development
space went through a little bit of a transformation itself.
And what I mean by a transformation is we began to look inward more so than outward.
So it was about producing results out there.
It was, I tried this technology, take on this modality, look at this model to do that.
And at that time that I entered that space, the industry as a whole began to, well to shift and it had you look inward. So lucky for me,
and I do mean like timing is everything, when I entered that space, it's all started to
become about me and where the source of success was. So it was a real conundrum. There's a
word for the day, John, it was a conundrum because I didn't hear the word integrity in
that industry ever.
I mean, today you'll hear it all the time because it's an extension of compliance and
regulation, playing by the rules and doing good by clients.
And by the way, all I agree with, but when you really think about it, the industry wasn't
built on the bedrock of integrity for clients.
How can it be?
It's not performance oriented.
It's not performance based. It's not guaranteeing results for clients. How can it be? It's not performance oriented. It's not performance based. It's not
guaranteeing results for clients. It actually is the place where you take a chance, you make the
calculated risk and you could make money and you could lose money and that's legal.
It's legal, just like gambling. You can go to the casino and place a bet and should you lose,
even though the odds are against you, that's fair trade, that's fair game. And so I have to say that that industry,
I don't believe in my opinion,
was built on the bedrock of values and principles,
one of which was integrity.
It couldn't have been, it's impossible.
Otherwise, how did people lose money in the stock market?
How did people lose money in fixed income derivatives?
How could money be lost if investment made zero return,
but the fees depleted the principal over time,
eroding the principal invested once before?
If that's not integrity loss, I don't know what would be.
So I think that's why it's going through its own radical
innovation and disruptive measures.
But back to the point, I have to say it was tough.
And that's what led me to leaving the industry eventually.
What led me to leave the industry is I had my own,
you can tell that movies really inspired me,
but I had my own Jerry Maguire moment.
Where in the movie, Jerry Maguire,
Jerry Maguire, a real life person played by Tom Cruise
has this Eureka, has this aha moment where he's like,
we're putting athletes in harm's way
for the sake of us making money, no more.
And he broke out on his own with one client,
with one absolute client, which was Cuba Gooding Jr.
And that's what he did.
And he just focused on the relationship.
So for me, I left the industry at the time
when I believed that I was no longer
being an instrument for good.
I believe that the industry was wrong.
And I believe in my personal opinion that we have and have
tragically misled people into believing what a financial life should look like.
It broke my heart.
And so that's how I actually transitioned out into the real estate world.
I, I abandoned the space. I sold out, I cashed out, I did well out and into the real estate world. I abandoned the space.
I sold out, I cashed out, I did well,
and I was grateful for that.
And I always give accolades to my beginnings,
to my financial services start,
but that's how I exited
and got into the real estate business.
I really lost faith and confidence in that old world.
I just wanted to touch on something there for a second. And that is people are probably going to ask me, why did you decide to have
Richard Dolan on an alternative health podcast?
And the thing I want the listeners to know is your financial health is one of
the most important factors of making you feel that you're complete in life.
So you need to have your mental health.
You need to have your physical health, your emotional health, your spiritual
health, relationship health, et cetera.
But you also need to be well versed in financial health.
And when I think of, you know, my daughter who just graduated high school is now
a sophomore in college and my son, I don't think at least here in the States that our school system is really
teaching our kids some of the most important life skills.
One of the most important ones being how do you create financial wellness
and health for your life?
Because I think it's one of the most important things that we need.
And speaking of high school students, or I have a bunch, I'm happy to say of
high school students and college students I have a bunch I'm happy to say of high school students and college
students, a growing cadre of them who are listening to this show.
And I always like to ask people like you so that they have clear examples of
this because they're going to face it in their own life.
Can you give an example of a time speaking of core values where you
potentially rejected a lucrative offer due to a clash in core values, where you potentially rejected a lucrative offer
due to a clash in core values.
And how did you at that moment put your integrity and commitment above making
money on your entrepreneurial journey and decision-making process?
Well, let me answer the question so that we don't lose track of it.
And I want to go back to a statement that you made about the relationship between one's financial life
and the state and the quality of their life
and how there is a correlation.
And it's important for you to bring it in focus,
especially given the nature of your business
and the nature of your listenership
and the orientation of the conversations you have, John.
I mean, I don't want to say
that I have some profound relationship or I had a profound relationship or realization of what my core values, my views, and what I valued was intact.
I don't think I was that clear, to be really frank. All I know is that there were just some things that didn't sit well with me. a very dear friend of mine who is quite the golden child, who was very infamous for having turned
a very, very small fledgling online gambling app
into a multi-billion dollar app.
Now, when he did that, I had no idea he was up to it,
but he then became quite the billionaire as a result.
So everything he touched,
we knew in our circle became gold.
So when he came to me one day and said,
Rich, you gotta get invested in this thing called cannabis cannabis. I said cannabis, you mean like marijuana?
He said, yeah, and I've never done marijuana. And so I appreciate anybody
that appreciates growing trends. But at that time in my country, having lived at
that time in Toronto, Canada was about to legalize provincially, or as you call it
state by state, the use of cannabis and and CBD and so that was going to become a
huge
Incredible business and you want to know something I couldn't do it. I couldn't do it because I couldn't understand how we were legalizing
Drugs, it just couldn't click for me. And of course you fast forward not only does it get legalized
It becomes the greatest gold rush in the financial
services business that we've seen in decades. I mean, it was innovative, it was disruptive,
and it was quite lucrative. Fast forward, I finally buckle and I end up taking an advisory
position with a CBD producer, a cannabis manufacturer, and it quickly sizzled out,
which I felt it was the universe's way of telling me,
see, we told you it wasn't all that. Now my timing was off and I came in late. It's kind of like
grabbing your surfboard when the surf dies down. It was like, it was just too late. Good intention,
bad timing. And it just taught me something to just stick to my values and what feels right.
So for me, for anyone listening here, I mean, there's no pressure to galvanize
and fortify your values, your views.
If you've got them, fantastic, bravo.
Teach your friends, your family, share them with others.
But for me at that age, I didn't know what I valued really.
I just knew what didn't sit right.
If it doesn't sit right, it won't be right.
And if the guts off, everything else follows.
So that's important to know.
But on that note, great segue to return to the statement I wanted to make earlier on,
which is this, and this is important for you to write down and remember all of you, is
that the quality of your life is equal and proportionate to the quality of your relationship
to your financial life. Your financial life will give rise to a quality of your own life.
And I don't just mean like if you've got money, you'll have a great life,
or if you've got wealth, you'll have a great life,
or if you've got a lot of worth, you'll have a great life.
What I'm saying is that the relationship to those things,
all things in your financial life, made up of the things you measurably call money,
or wealth, or worth, that relationship matters.
Because when you study and look at the greatest source
of people's stress in life, true statistic,
and I know many are made up,
but 91% of visits to the doctor is stress related.
And the number one reason that there's stress
in someone's life is a financial reason,
not making enough money, not having enough wealth, not pursuing enough
worth. So all of that discontent, all of that anxiety has a gut burn.
It has a real acidic measure in your life.
So when you get your financial life right, you get all things in your life,
right? Your health, your wellness, your vitality, your quality of sleep, your
quality of skin and hair quality.
I mean, everything else matters.
So to John's point, you're right.
When you get your financial life right, everything else follows.
I wanted to ask you a follow on question to this because you have ended up coaching tons
of people now to financial freedom.
But part of this is you've worked with some very high profile people.
One of the most famous examples of this, and you and I were talking, uh, before
we decided to do this, I'm a big Michigan Wolverine fan is Juan Howard.
Unfortunately, isn't having his best year at Michigan, but is a
great player and a great coach.
You were working with them while he was with the Miami heat where he won back
to back NBA championships, I think in 2012, 2013, if I have it right, actually
gifted you rings for the work that you did with them, incredible Canadian
getting NBA rings.
Amazing.
I was hoping you might be able to share that remarkable story and your role.
Oh man. I'm delighted too, because you know,
anytime anyone asks me about a magical story, you know, just,
it just represences me to the fact that magic does happen.
Blessings are real and timing is such a thing.
So at the time I was with my family on a vacation during March break,
headed on down to Miami. And as I was there, I had my son with me. He,
he at the time may have been four or five years old
very small yeah probably four at the time that they were celebrating the Fab Five so Juwan Howard
who you know and just cited is a Michigan U guy who was very infamous for having assembled five
freshmen who actually became part of this thing called the Fab Five now if you're not familiar
with who the Fab Five were you'll likely know that when I tell you that the long tube socks that were done
away with, you have the Fab Five to thank for that. When you go to a basketball game
and urban music's playing, like hip hop music's playing, you got the Fab Five to thank for
that. When you watch shoes being manufactured and worn on the court to this day, where they
did away with the white souls and brought in black souls, you've got the Fab Five to
thank for that. Like they urbanized,
dare I say, the game of basketball. So the Fab Five was more than just an athletic phenomenon,
where they did real well and caused an incredible run, but they also were quite instrumental in the
urbanification of the game. So that said, I was a big fan of Juwan Howard, just like you are,
and I bumped into him at this restaurant that I was not scheduled to be at and I wasn't supposed to be in
But I bumped into him and here's how the moment goes
I'm in a small little dining room of a very fancy restaurant and I wasn't supposed to be there and
I mean was the kind of time that we just kind of walked off the street and thought can we get into this restaurant?
Because we were hungry
We weren't really quite dressed the part,
but we kind of looked at the part.
So they let us into the only table
that they had available because there was a cancellation,
like minutes earlier.
And it was a kind of restaurant where I didn't even
have my wallet.
I actually reached in my pocket, pulled out some cash,
and said, OK, we can't have salad.
And yeah, I don't have enough for dessert.
So let's just have a main.
And like, that's all we're getting.
So that was the kind of moment we had.
But I saw Juwan. I kind of made eye contact and thought nothing of it
as we wind and dined. And then when he left, he made a lovely comment to me and my family
saying, Hey, listen, your son was so well behaved. You must have a magic touch. If you
ever want to babysit, we've got a few kids too. We'd love to have you over and babysit
hours. And I can, you can count me in. And I thought I was starstruck. I got to be honest. And I had worked with really famous people
at that point, but I know who Juwan Howard is Fab five, man, Michigan, you will I mean,
like, right. And I said, Thank you shook hands. I said, Do you mind if I just take a quick
picture? He was I don't mind. I took a quick picture. My son was sleeping on my shoulder.
Never forget it. And I leave, John, I leave this restaurant there's gates at the front
that open security guy says have a nice evening doors closed and as soon as it clanked clink
something struck me and I thought oh my god what have I done I don't have his phone number he
doesn't have mine that's an opportunity what am I sleepwalking so I knocked on the gate and I said
sir I and I made this up I said I think I forgot something at my table. It goes, what would it be? I'll go get it. I said, no, no,
no, no, no, I got to look forward. Do you mind if you just let me back in? I couldn't tell the guy
I wanted to go back in there and talk to a celebrity having dinner at the restaurant. He wouldn't have
let me in. So he lets me back in and by myself. And I walked straight back to Joanne Howard. I said,
look, man, we met for a reason. We connected for a cause. I'm right now at this time in my life,
developing real estate in far away places that I think you'd be perfect for because I know you have a background in real estate
Because I knew that about them and it was you know what man, that's kind of cool
So I gave my card and I said call me and let's talk about how maybe we can think about a life after game
John I sat by my phone
For the rest of my trip like a schoolboy waiting for the coach to call me to class.
And the phone never rang.
So for the remainder of the week I was on this vacation,
the phone doesn't ring.
I figured to myself, he won't call.
And that was the end of it.
About two weeks passed by and he finally calls me.
And I'm at home.
He said, hey, it's Joann Howard.
I hope you remember me.
I said, yeah, I remember you.
Fab five, man.
You know?
And he's like, well, if you're not doing anything tomorrow,
after my shoot around, they're beginning
to head into the playoffs.
And it was during the Boston series, semifinals.
He says, would you like to have a cup of coffee tomorrow?
And maybe we can chat about what you discussed with him.
I said, fantastic.
Absolutely convenient.
I'll see you at 12 noon.
So I get down there.
We have a beautiful coffee
We walk South Beach and we chatted about his life after game his aspirations the things he wanted
What it was like to play with LeBron James at the time because he had just joined the Miami Heat that year a very
controversial joining of the team if you recall the big announcement the big reveal the burning of Cleveland Cavalier jerseys the whole nine yards the
fact that the industry itself was really on its ear
about the assembly of the triple threat, right?
The Chris Bosh, the Dwayne Wade, and the LeBron James,
the Stax team, if it were.
So they were favored to win,
but I wasn't really following it
as carefully as I should have been.
But full candor, we had a beautiful cappuccino
and walked and strolled
South Beach. Clearly he was famous because he was constantly approached for pictures and took them
graciously. And he says, listen, man, let's get started. Why don't you put together a business
plan and let's think about how we can work together. He said, fantastic. I said, well,
you know what, as soon as I land and get home, I'll get right to it. And he says, what do you mean
when you land? I said, well, I live in Toronto.
I got to go back home today.
I'm going to fly back on the last flight.
He goes, hold on a second.
Did you fly down here to have coffee with me?
I said, absolutely.
I jumped on the 7 AM flight.
I landed at 10 30.
I got here by 11, an hour to spare to get to you by 12
o'clock.
Because you're telling me you flew all the way here
for one cup of coffee.
I said, I'll do it tomorrow if you want me to as well, because you're not going anywhere.
Stay the extra night, come to the game tonight, let you join my family and watch us beat Boston.
That was my first Miami Heat experience.
It was my first Miami Heat game, and I fell madly in love.
From that night, I got to connect with this beautiful family from his wife, Janine, to
his sister-in-law Shakira, to his beautiful, Janine, to his sister-in-law, Shakira,
to his beautiful mother-in-law, father-in-law.
I got to meet the kids who are now one being in the NBA,
one NBA bound.
I became Uncle Rich that night and I've never looked back.
So what's fascinating about that is that Juwan and I
went on to go and launch the very first private pension
plan for professional players
called P5. P5, of course, because of the Fab Five. He also wore the number five. So what
a great way to honor him. P5, professional players, personal pension plan, five piece.
And it did very well. But it brought us together as friends, as business partners for a very
interesting time in his career where, yes, he does go on to win back to back championship
rings. I do
get gifted those two rings. It resulted in me having the Miami Heats be an extended family of
my family. Everyone that runs that organization, that owns that organization, that's in that
organization is top drawer real human beings that are all about culture. I mean, from Alonzo Mourning to Shaquille O'Neal,
to Steve-O, to the Riley family, to the Harrison family.
I mean, they're all just incredible to me.
And I'm grateful to them for all of what they've provided
and allowed me access to.
But for me, what an incredible part of my journey.
And that's the Jawan Howard story.
And what an incredible story and moment that was, but it also shows, I think
something there that's important for people to pick up.
Sometimes you just know where you've got these moments in time where you just need.
To make that effort and take that trip.
And interestingly enough, when Jim invited me to his party, I think it was
happening on a Thursday, he tells it was happening on a Thursday.
He tells me about it on a Tuesday and hear from Tampa.
It's a four or four and a half hour drive.
But the second he asked me, I just immediately said, I'm going to this thing.
I'm not going to get an opportunity like this to meet the types of people that
I'm going to meet at this event and to be able to witness and celebrate gym and everything else.
So sometimes you got to make these decisions and they lead to such
profound impacts in your life.
So thank you for sharing that.
And you name some amazing people just now, but you have also shared the
stage with people like president Clinton, Bush, Obama, Trump, president
Obama's wife, Michelle, Oprah Winfrey, Ellen, Obama, Trump, President Obama's wife
Michelle, Oprah Winfrey, Ellen DeGeneres, to name just a few.
I have to ask, when I think of these people and many of the others that you just mentioned,
they are examples of people who I consider to be passion struck.
What are some of the common traits that you've observed in these high performers that contribute
to their exceptional performance?
I mean, that's a great question.
As I'm underscoring the fact that before I met
Juwan Howard, I had already done a tour
with President Clinton.
I'd already done work with President George W. Bush.
I've already begun to work with some really great icons
and legends in various industries.
It was bubbling, but it
wasn't boiling. It was just bubbling. And I think that Juwan requires some credit. That
was a huge catalyst for me. It was almost like throwing some new fuel infused logs in
the fire, so to speak. And it just like really took off. His connection and friendship, consequentially
our partnership catalyzed a lot more.
So from that perspective,
it really earned me a lot more credit
and gave me a lot more profile
in the worlds I was already in and then some.
But to your point around observation,
it's interesting that in working with some of these people,
I mean, today, what we find is that
there's lots of celebrities being paid to be at events
and to take pictures and to be at dinners and
or just to simply show up and
Luckily for me
I was involved in various parts of the industry where I had a chance to spend a lot of time and build a lot of
rapport and dare I say a friendship with some of these people that you're speaking about
I mean if you take Oprah for example, she had a challenge with launching the own network.
She did a worldwide tour to drum up her fans
and reengage her friends to get back on to the network
to save it, which succeeded.
And I was responsible for Canada.
So spending a week to 10 days on the road
with Oprah Winfrey was what I did.
So it wasn't just a moment backstage in a picture.
And in that moment, I milked into her, made it mean something.
I spent an entire 10 days on the road with her over a period of time where I got
to be with her in every single city and meet people that she loved and parts of
her family. I got to have downtime with her and David's tea with her and go
shopping with her. So you get to know these people.
But I wasn't so lucky with some celebrities
where I got to advise on a whim.
And so I want to make sure I qualify all that.
So the observation I've made,
which is qualified by either spending
a lot of hands-on time with them,
to just making observations being in their presence
or having time with them and very marginally,
is that they all are feverishly focused on their commercial task.
Now, it's not to say that they have tunnel vision, but when it comes to their commercial act,
like whatever it is they're up to, that has their tunnel vision.
It's like pulling them.
It's not like they're pushing it.
They're being pulled by it.
So it would make you wonder, how does that cause and create them?
So they take on a role.
They get into character, dare I say, when it comes to that task. All of them.
Politicians, members of the royal family, artists, writers, musicians, actors,
producers, I mean politicians, dignitaries, I mean I've worked with so
many people from different classes of life. That's the one thing I noticed they all share in common is that when it's go time, it's grow time.
They lock into something really, really narrowly.
I've called it the zoom factor.
When you look at the zoom factor, it's like the function of your telephoto lens.
And for some people, they might look at their camera and say like that has a zoom lens as well.
When you zoom in on something, when you take that which is far and you bring it close,
nothing else matters.
Nothing else matters.
And so you get that as a military man.
And I think a lot of people understand that because zoom technology is something that's
been around for nearly 100 years, taking something that's out there and bringing it right here.
So that's all that matters.
That's what they share all in common.
Yeah.
And the book I just put out, I basically have studied 750 of these people we're
talking about and it's the 12 principles that I have in the book that I have
found keep coming back and back time and time again as to why their
lives are different from people who don't achieve these things.
So you have expressed a goal to create a million millionaires by 2030.
If I have the date right.
Can you dive into this philosophy, how you're attempting to go after
creating this ambitious goal and what your work is doing
to cement that you leave this legacy?
I mean, first of all, we all play games.
I mean, life is just a game.
You know, you can really win and you can really lose.
And I think the first thing we all need to realize is that this whole thing I call the
sport of life.
And so whether you want to play the sport of health, if you want to play the sport of
wealth, if you want to play the sport of creativity, if you want to play the sport of wealth, if you want to play the sport of creativity,
love, marriage, they're all games.
And you either win or you'll lose.
And you can either play like a pro, right?
And get it really right and all the time,
or you can play like an amateur.
You can play for fun, or you can play it for it all.
And so for me, playing games is what it's about.
Creating themes that rally people
within communities and cultures to say,
hey, I want to get behind that.
So when I created that mission of creating
1,000 millionaires, it was about three years ago
when I declared doing that.
It was at the turn of 2020.
So in 10 years, I wanted to hit 1,000 millionaires.
Now, what's interesting is it does beg the question,
how does one define millionaire?
So it could be asserted that being a millionaire
means well, what are you measuring that would justify that measure? So is it money? Is it
a million dollars like actual currency? Is it a million dollars in net worth? Is it a
million dollars in wealth? And if so, what do you measure as in wealth? Like I can look
at my pen that
was gifted to me for my birthday by my son with a little name on there. I mean, the pen
that's inside here is priceless to me. So does it mean that this is a million dollars?
So what it did was it gave rise to not just having to break down the distinctions of what
does a million dollars look like for people, but in the same time, it brought me back
into the financial services world.
So I was delighted that about at the time,
around the time that I made that declaration,
check this out, John, this is so cool.
I mean, when I made the declaration,
I was gonna play that game.
What's amazing about the universe
that it begins to conspire to have you win it.
If you're committed to the game,
the universe will conspire to have you win it.
Now I'm not a chakra guy, I'm not a chakra guy.
I'm not an energy guy.
I'm just not.
I don't have crystals around my house.
But man, when it feels right, right, it's all right.
When it feels good, let's grow.
So for me, I started noticing that I got pulled back into the wealth management financial
services space.
I started noticing that the industry I left almost two
decades earlier was speaking to me. It was pulling me back. And the reason why is well,
I was 20 years wiser. I was 20 years older. I'd spent 20 years in that space, maybe 15.
And as a result, it was pulling me back. So for me, what's happened is I've already crushed that goal because I've gone on to go buy into a basket of wealth
management and investment product managing products
and businesses.
So I'm starting to consolidate this infrastructure
to build a new financial services type company.
So for me, what's amazing is I already
realized that goal because I actually
bought 1,000 millionaires, if it were. I've already going to recalibrate their plans and reinvent
their futures financially and get them, in fact, to five, dare I say even 10Xing that relationship.
So it's amazing is that when you declare a game, you become a player. But in the absence of
declaring a game to play, you never have fun.
And so that's what that declaration was all those years ago.
Now it's time to invent a new game.
Cause we would have to declare that that game
is actually near complete.
So we're now putting our heads together as a team
and trying to figure out what's the next game to play.
Well, thank you for sharing that.
And one of the things I know you talk about is urban financial philosophy.
And this is how you blend financial psychology, if I understand it correctly, with the economics of happiness.
Can you go into this unique approach and explain it a little bit?
No, you bet. I mean, we've been touching on it a little bit for now, some time as we're chatting through just really why would someone want to be listening
to this conversation? What's this got to do with my state of mind and my quality of health? And I
would have to assert everything. I mean, after all, remember I've worked with some really high-end
first-class athletes, athletes in F1, Formula One racing, athletes in the NBA, athletes in the NHL,
hockey, boxing.
I mean, after all, I worked with Mike Tyson and his reinvention, but also
helping coach him to get back in the ring at the age of 54 for the first time ever.
So I would have to say that I've got somewhat of a background in understanding
what it means to really shift your relationship to anything worth measuring.
And one of the things that all these athletes have in common is they don't play for fun. They play to win. And financially
speaking, a lot of people don't play that same game. So my urban financial life philosophy
was built out of three observations. One, out of my beginnings of even being first-handedly
observing financial technology
and how it worked and how it failed, right?
Not just from the advice,
but the instruments that people put their money in
from stocks, bonds, mutual funds, puts, calls, and warrants,
and all the other stuff that people are sold.
I got to really understand from a psychology perspective
what a financial life can look like.
Cause I've worked with people inside research areas
such as happiness economics, behavioral finance,
investor resilience.
I've written books on those topics.
So I've gotten to understand the psychology of money.
And then philosophically speaking,
understanding that there's other philosophies
that people are watching and looking at,
like minimalism and understanding being effective and tax efficiencies. But then the last one is ontological,
like the study of human beingness, where there's a real movement right now for people to be
authentic and with a peace of mind and having a spiritual awakening and being connected
to an inner worth. So you bring those together to combine and create it for me, an urban financial life
philosophy. And here it comes. I believe that a great financial life is one that all people
deserve. Not a good one, not an okay one, not a mediocre one, but a great financial
life. And a great financial life is one that is whole, complete, and performing. Whole,
nothing missing. Complete, nothing skipped. And performing,
as in performing in the ways that you need it to be. Not how others tell you it should be,
but the way you need it to be. So when you break down what makes up a financial life,
we touched on this already, John, it's comprised of money, wealth, and worth. A lot of people think
that it's all about money, but what about your wealth? Or some people think it's all, wealth, and worth. A lot of people think that it's all about money,
but what about your wealth?
Or some people think it's all about wealth,
but what about your worth?
So money is defined by currency, your spendability,
your spending power.
It's measured by currency or credit.
I've met a lot of people with a lot of money,
but they have zero wealth.
Then I've met a lot of people who've got a lot of wealth.
Beautiful home, great things, nice stuff,
significant, sexy, shiny.
But I've met a lot of people with a lot of wealth with no money.
Just because you've got a lot of really nice shiny things doesn't mean you've got a lot
of spending power.
I see that a lot in real estate, right?
House rich, money poor.
But worth is the one stage of one's financial life that it seems like we're all gravitating
towards.
Like if it were to have an arc, it would end up there.
And having worth is all about a life worth.
The value you give to and get from life.
Being a contribution, having control over your time
and the freedom of choice and the power to choose.
That's really where we all want to end up.
Being able to work if we want, go where we want,
when we want on our own terms.
Make sense?
So what's funny,
though, is it's easy to say that now after I've got the wealth I need and after I've got the
money I've needed to earn. It's hard to tell that to a 20 year old. All of 20s, when I was 20s,
all I want was show me the money. I just want money. Do you know, Rich, if you work hard,
you're going to be able to have a nice big house. I couldn't care less. I wanted money. Show me them
Lincolns. I mean, that's all it was
really about. But when you hit that stage, you fall in love and you want to settle down, yeah,
house matters. Having a nice car matters. Having a vacation home would be lovely. But then when you
hit the next stage in your life, you start to really realize what the value of life really is
all about. And that's having the freedom of choice and having freedom of your time. So to me, that
was, that is the overarching conversation
that we're having.
This is why we reentered the financial services space,
not to innovate or disrupt the industry.
We have no interest in doing that,
but to embrace those who believe it deserves it.
So we're not looking to disrupt the industry.
We're looking to create our own.
We want to have our own gated community.
We want to create our own private island of people who believe that a financial life, having to be great is good.
We want to make sure that people know how to grow money, wealth, and worth in the ways that matter.
We want people, here comes John Lennon.
It's all about growing richer in the things that matter most, no matter what.
And I think the world is ready for that conversation more than ever before.
Would you agree?
Oh, I would totally agree.
And if I had to summarize today's discussion, it really is a mastermind
class in shifting from chasing results to becoming the source of results,
which I know is something that you advocate for.
Well said.
Well said.
So to close us out today, if the listener wants to learn more about you,
where is the best place that they can go to do so?
Yeah, they can check me out. They can go to my website, Richard Dolan,
last name spelled D is in Delta, O-L-A-N dot com,
or they can check me out on Instagram, Richard dot Dolan.
And that's easy too. But really, look, man, you and I are brothers,
brothers in arms. And I think this is not going to be the first conversation we'll have.
It'll be the first of many that we're going to have.
And I love what you're doing at Passion Struck.
I love that you're mobilizing great thinkers and leaders, innovators and disruptors, but
fellow human beings like you and I that are really committed to igniting the passion within
people that they should know is already there.
And we just need to light it up. So John, I know this will be the first of many conversations to
come. So I want to take this opportunity to thank you for having me on your show and within your
community. I'm looking forward to you coming on mine and so that you can be with my family and my
community. And I would love that. And it was such an honor having you here today. Thank you so much
for joining us. And I can't wait to do more of these in the future. My pleasure, my friend. God bless.
What an incredible interview that was with Richard Dolan. I wanted to thank Richard for the honor
and privilege of joining me on today's show. Links to all things Richard will be in the show notes
at passionstruck.com. Please use the website links in the show notes to purchase any of the
books from the guests that we feature here on the show. Videos are on YouTube at our main channel at John R. Miles and our clips channel at Passion Struck Clips.
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on passionstruck.com. And throughout 2024, we are doing a weekly boundary expanding challenge to push
you on your own journey to becoming passionstruck. You're about to hear a preview of the Passionstruck
podcast interview that I did with Eric Edmeads, a revolutionary thinker in the worlds of health
and wellness. Eric, who's the author of the new book, Post-Diabetic, is a renowned speaker who shared
the stages with people like Tony Robbins, Oprah Winfrey, and so many more. And we dive into the
profound exploration of understanding our relationship that we have with food, pivotal
role of metabolism, and its connection with our mind for unparalleled health and vitality.
Everybody has a genetic predisposition for type 2 diabetes.
The reason everybody has this is that everybody evolved the ability
to manage sugar differently in the autumn in order to prepare them for the winter.
Everybody, all humans, develop this. Now, some of us have it stronger than others, of course,
but every single one of us behaves the same way if we eat too much sugar too consistently for too long a time.
We slow our metabolisms down, we increase our cravings for sugar, we start storing excessive
amounts of sugar, our cells start refusing to accept the sugar in insulin sensitivity
problems, and we start storing fat.
Pretty much everybody goes through that cycle.
The question is how far can you push it?
Some people can't push it that far and they instantly get there.
And in a sense, they're the lucky ones.
They immediately start seeing the problems.
Other people, it takes a little longer,
but they still get there.
So I would say this, humans have a predisposition
toward developing diabetes on the whole, on the mass.
And all of us should be taking the precautions
to prevent it from happening.
Remember that we rise by lifting others.
So share this show with those that you love and care about.
If you found today's episode, Dolan engaging and inspirational and definitely
share it with those that you love and care about. In the meantime do your best to apply what you hear
on the show so that you can live what you listen. Now until next time go out there become Ash
instructor. you