The Mindset Mentor - The Penny Worth $10.7 Million

Episode Date: January 13, 2017

Episode 219 -  Would you rather have $3 million in cash or a penny that doubled in value every day for 31 days? The better choice may surprise you... Want to learn more about Mindset Mentor+? For nearly nine years, the Mindset Mentor Podcast has guided you through life's ups and downs. Now, you can dive even deeper with Mindset Mentor Plus. Turn every podcast lesson into real-world results with detailed worksheets, journaling prompts, and a supportive community of like-minded people. Enjoy monthly live Q&A sessions with me, and all this for less than a dollar a day. If you’re committed to real, lasting change, this is for you.Join here 👉 www.mindsetmentor.com My first book that I’ve ever written is now available. It’s called LEVEL UP and It’s a step-by-step guide to go from where you are now, to where you want to be as fast as possible.📚If you want to order yours today, you can just head over to robdial.com/bookHere are some useful links for you… If you want access to a multitude of life advice, self development tips, and exclusive content daily that will help you improve your life, then you can follow me around the web at these links here:Instagram TikTokFacebookYoutube

Before we dive into today's episode, if you would like a free copy of our motivational ebook called Hack Your Goals, the Step-by-Step Guide to Achieving Success, go to mwfmotivation.com and download it. It's already been downloaded over a thousand times, so go ahead and get your copy now. All right, I'll get you the podcast right now. Welcome to the MWF Motivation Podcast, which I am proud to say has been rated the number one podcast in iTunes new and noteworthy in six different categories, including self-help and business, and is a podcast designed to help you grow into the best version of yourself in 10 to 20 minutes. Every Monday, Wednesday, and Friday, we'll take a life topic, break it down, discuss it, and leave you with thoughts to impact your life and mind. My name is Rob Dial, and

the podcast starts now. Welcome, welcome, welcome to the podcast. If you have not yet done so, please subscribe to us however you listen to us. Also, if you have not yet done so, go to my website, mwfmotivation.com and download the top 10 books that I recommend that you should read this year that will change your life the most. These are personal development books that changed my life personally that I learned the most from after reading hundreds of books. And these are the ones that I recommend that you read this year. So go to mwfmotivation.com. It should pop up right there. And when it does, just put in your email address and that link will be sent to you with all of the links. You can immediately get them

off of Amazon if you wanted to. And last but not least, if you are interested in coaching with me, if you're sitting at the point where it's the beginning of 2017 and you want your life to be better, you're ready to take it to the next level, but you're just not sure exactly how to get yourself from spinning your wheels or how to get to the next level. That is what I specialize in, is taking you from where you are to where you want to be. And there's a lot of psychological steps to get you to where you want to be. And that's getting past what is happening to you right now and also what's happened to you in the past. There's a lot of stuff that goes into it. If it's something that you're interested in, send me an email, rob at mwfmotivation.com. We can talk and see if coaching

is right for you, whether that's one-on-one coaching or whether that's group coaching. It is something that I absolutely love and gives me a complete purpose. And if you're interested in it, I would love, love, love for you to join. But don't take my word for it as far as how good I think it is, because that would be extremely biased. Take the advice or the opinion of someone who's part of the group right here. Hi, my name is Christina Collins. I am a listener of the MWF podcast with Rob Dial, and I jumped into his group coaching. As soon as it opened, I signed on for the year, and it's been so far the best year of my life. He's helped me with my paradigm. He has helped me break out of my comfort zone, and the inspiring members

in the group have also supported me through many obstacles, and we cheer on each other's successes as well. I hope to see you in the group soon. Welcome to today's episode, and to start today's episode, I have a quick question for you. Would you rather have $3 million in cash handed to you right now, or would you rather have a penny that doubles in the amount that it's worth every single day for 31 days straight? Now, unless you're going to go ahead and catch on to this trick question, most people are going to say they want the $3 million in cash. But the thing that most people don't realize is that by the end of those 31 days, that one penny that doubles in amount every single

day for 31 days would be worth $10.7 million. It is worth three times more than that $3 million that you could have gotten right now. So what does that show you? First thing it shows you is delayed gratification pays off. What do I mean by delayed gratification? Putting in the hard work now and getting the rewards later will pay off instead of sitting on the couch and watching Netflix right now. Sitting on the couch and watching Netflix

is instant gratification. It's like that $3 million. Putting in the hard work now to get you the fruits of your labor in a few years is like the ten point seven million dollars. You're not going to get it right away but if you delay the gratification and wait longer and longer the more it will pay off in the long run. So that's the first thing to take from it, is delayed gratification will always pay off. The second part that you should take from it is this, it's never the big huge events or the big habits or anything like that that make your life better.

It's the little tiny habits done every single day that make your life better. The little tiny habits done every single day that turn off to be big rewards later on in life. Exactly like the one penny. It's not that much right now, but give it time and it will pay off in the long run. So what can you take from this? Number one, never go for the instant gratification. Never go for the sitting on the couch when you know you should be getting up and doing something. Never be lazy, never procrastinate, never do any of those things.

Put in the work now and later on down the road, you will be excited about the work that you put in now when you're reaping your rewards years down the road. And the second thing, don't worry about big things that need to happen. Don't think that something big needs to happen in your life in order for it to be amazing. Put in the little teeny tiny habits and as those compound day after day, month after month and year after year, your life within a couple years will not even look the same

as it does now. So if you like this, please do me a favor. Please share it with everyone that you know and love. This is all free content. So if I've ever said something that you love, please share it so we can get it out to people across the world. And with that, I hope that you have an amazing day.

Well, that's it for today's podcast. If you want the show notes for this episode, they can be found at mwfmotivation.com. Also, if you liked this episode, please spread the love and share it with a friend because it's our mission to help as many people as we can. And to keep in touch, you can follow us on Instagram and Facebook. Both handles are at MWF motivation with no spaces. Now you know what time it is. So go out and make your dreams a reality. Outro Music