Life

The Fundamental Principles Of Life, Liberty And Property

TWS 1 | 2018 Wrap-Up

 

Life isn’t perfect, and it’s never going to be. We’re all human beings and we’re fallible. At the same time, we have so much capability, and where we thrive is typically where things are the most disruptive. In this 2018 wrap-up episode, take a look back at the fundamental principles of progress and prosperity, namely, life, liberty, and property that led to why we have experienced so much prosperity in our day and age. Notable guests like Garrett Gunderson, Jaireck Robbins, Peter Gray, Connor Boyack, George Gilder, James Arthur Ray, Angela Duckworth, Jonas Sachs, Mike Cobb have graced the show to add value, share important resources, and help you understand what your goal is. As 2019 kicks off, Elizabeth’s vision is for you to understand the principles of capitalism and how it relates to you at an individual level so that you can achieve the goals and ambitions that you have. Join us for another year of high-impact discussion about capitalism, not just from Elizabeth but from other people that are authors, organization presidents, and intellectuals.

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The Fundamental Principles Of Life, Liberty And Property

The 2018 Wrap-Up

We are going to be officially wrapping up the final season of 2018, actually all the three seasons of 2018. Introducing the new season and the theme that we’re going to be using. I think you are going to love it. First off, happy new year to everyone. I hope you guys had an amazing holiday. I wanted to kick everything off with a story. First, I believe that as human beings, we have some incredible things that we’re capable of. At the same time, we have these subconscious habits that rule our lives. It’s the majority of our thinking, the majority of our behavior. If you look at the limitations that we often have that prevents us from getting to the next level, whether it’s in our career, whether it’s in relationships and so forth, it’s because of some preconditioned habit.

This is a funny story about my family. We spent Christmas with my wife’s family. They drove up and they hadn’t had Christmas together in years. Then on the 26th, we went over to Denver where my brother lives and his family. We drove from Salt Lake to Denver and it was a pretty long drive. It was awesome. The kids get along well. We didn’t have any issues or the drama, but on the way back is where we had some drama. My wife for better and for worse got my four-year-old son in the habit of if he had to go to the bathroom on some of these long trips, and we’ve driven him to California before and to Arizona. Instead of stopping every half an hour or an hour, she’ll have him pee in a cup. The condition was that if you have to go to the bathroom typically in a long trip, he would pee in a cup or pee in a bottle and throw it away when we got to our stop. We were coming back from Denver. It was on New Year’s Day and Synthia, my wife, was on the passenger seat and she was sleeping. My two older girls, Hannah and Meghan, were sleeping too. I had my headphones on. I was listening to information about this upcoming 2019 season.

Before I knew it there was this screeching scream that disrupted me. It got everybody awake. What had happened is Jack, my four-year-old, had realized that everyone was asleep, and I was on my earphones and couldn’t hear him. He had to go to the bathroom. His habit was to find a cup. He found a cup and he essentially started peeing in the cup. I had hit a bump and he accidentally dropped the cup and couldn’t stop peeing and peed all over Hannah, my fourteen-year-old. The hysterical screams did not come from Jack. They came from Hannah who unfortunately had her sleep disrupted and Jack was sitting there frozen. It was one of those traumatic events for him most likely that the habit is broken. At the same time, Hannah, obviously I had to pull over and calm her down a little bit because she was pretty hysterical.

We're meant to produce. We're meant to create value for as long as possible, not stopping at some point in the future. Click To Tweet

The Fundamental Principles

Anyway, this is a funny story relating to the principle of habit. The reason why I’m bringing that up is that all of the previous year, the idea was to talk about some of the fundamental principles that led to why we have experienced so much prosperity in our day and age. What we experienced on a daily basis, they were dreams. They weren’t even dreams. It’s something that people 100 years ago couldn’t even conceptualize. If you look at the roots of how that occurs, what principles that progress and prosperity is based on; life, liberty and property, is the reason why I wanted to bring that to the surface so that you would understand those foundational principles. They applied as much to the future as they did to the past. I would say even more so to the future. The idea was, as far as life, liberty and property, is to bring it down to the individual level.

We had guests like Garrett Gunderson was on there. We talked about The Law of Success In Sixteen Lessons which was an instrumental book for me, understanding a lot of these principles and what’s possible for a human being. What would it be possible for me? We had Jairek Robbins on there who is one of the most inspirational guys that I know, younger guys. He has some incredible things to say about what we’re capable of and also what holds us back and practical things that we can do to overcome our limiting beliefs and some of those habits and subconscious behavior that we all have. We talked to Peter Gray who was a BC professor. He specializes in education for children and had a completely different view than the typical view of our education system right now, which has more flaws than we can discuss on multiple podcasts. That was a fascinating discussion with him. We had John Rampton on there, who’s a serial entrepreneur that I know. We had the Founder of UGG boots, Brian Smith.

Liberty

TWS 1 | 2018 Wrap-Up

Heads I Win, Tails You Lose: A Financial Strategy to Reignite the American Dream

We kick off with liberty, which is the second principle. Life is the first principle. Liberty is the second principle, with Connor Boyack who is the President of the Libertas Institute. The idea of liberty as we framed it in an individual level is the pursuit of financial freedom, the pursuit of freedom as an individual. Not the financial notion of retirement, which is to stop working, to stop producing. This is where a lot of the companies that I spend the majority of my time do is educate people that the typical financial planning model is principally flawed because it’s getting people to defer life until some future date. At that point in time, instead of being dependent on an employer, now you’re dependent on market performance and a financial advisor in Wall Street to help you with your income throughout retirement. It’s one of those things where I’ve seen it to be destructive to what is capable of a human being. If they would realize that the notion of retirement is not in alignment with our human nature. We’re meant to produce. We’re meant to create value for as long as possible, not stopping at some point in the future.

Plus, if you look at longevity and the amazing innovation associated with healthcare, we’re going to be living longer. The idea of saving 5% to 10% of your income for 30 years and then living off of that for 30 years, the math doesn’t make sense. Market performance has shown that it’s not capable of providing the returns that will allow you to do that. We went through the second season and talked into great detail about how to achieve financial freedom. That was around the time where my book was released, which was the first one I’d ever written. It took me a couple of years to do it. It’s Heads I Win, Tails You Lose: A Financial Strategy to Reignite the American Dream. Thank you so much for all those who provided tons of feedback and bought the book. It took a long time but I’m grateful that it came out and did emphasize a lot of the philosophy that you, longtime audience, had been hearing, but put it in a more organized, condensed fashion. That was in the summer.

We finished off the year with interviews with George Gilder who is an investor and an author and is a lot older in age, but his experience shows the cyclical nature of how things work and what is on the horizon. That was a fascinating conversation with George. Then James Arthur Ray, if you guys are familiar with him. He had a fall from grace in a sense a number of years ago and went to prison but is one of the most profound types of speakers on personal development. It was awesome to hear his story and all that he went through during those times and how he got back on track and what he’s focused on now. Then we had Angela Duckworth who’s the author of Grit. She has the second or third most-watched TED Talk of all time, it’s behind Simon Sinek. That was an awesome conversation. She’s a psychologist and has a lot of training in human behavior and how we behave and how we act.

Then we had Jonah Sachs who wrote Winning the Story Wars and he has another book called Unsafe Thinking, which is targeting how disruptive the employment industry is and how people are not taking risks. It’s a fascinating idea. Then finally, Mike Cobb, I’ve known him for a number of years. The coincidence was he had wrote an article talking about John Locke’s life, liberty and property and how that pertained to the real estate investment industry globally. It was fascinating to have a discussion with him, which was the second to last episode of 2018. Then we ended with David Neagle, who is instrumental in creating the personal development space and industry.

Maximize who you are, your human life value assets, which are the assets that are the most valuable to other people. Click To Tweet

It was an awesome season. I benefited personally because I got to talk all the time about these three foundational principles of our well-being, of what we’re all after and the foundational things. If they’re there, if they’re focused on, then essentially they could be maximized whether it’s life, use your best asset, figuring out ways to invest in yourself and be of more value to other people which will bring more money. The best investment you could ever make is to maximize that. The idea is to achieve this profession or career where you’re doing what you love that gets you out of bed in the morning but also is in an environment where it’s conducive to how you operate that gives you that fulfillment and achievement. Most people aren’t focused on that. They’re focused on sacrificing now for the benefit of tomorrow and differing life now. Rationally, it doesn’t make sense if you think about it. Figuring out how to leverage what’s going on in the US now and in the world, where we’re becoming this online society.

Property

There are opportunities to provide value to other people in so many thousands of different respects. Being able to pursue how to maximize who you are, what we consider your human life value assets, which are the assets that are most valuable to other people. They’re different for all human beings. Then also discovering your human life value liabilities, which is the stuff that you’re not good at, that people typically put up with instead of finding others that could provide that service and value better than you. That’s the idea of creating financial statement around who you are, your human life value assets, what you’re best at, your talents, abilities, strengths and your human life value of liabilities, which is the stuff you’re not good at, delegating that and maximizing the assets. That’s going to create this notion of freedom. Then finally property, which is the physical world. I’ve talked about this for years on the show. Putting it into the context of what John Locke talked about. This was during a time where there wasn’t much difference between that time and the zero AD, as we came into this new era. People rode around on horses and buggies and they ate in a very similar fashion, they had similar clothes.

John Locke had discovered right through his mentors and thinking and going to school. He discovered some principles that ultimately influenced the Scottish enlightenment, with David Hume and Adam Smith, which ultimately influenced the creation of the United States in our foundational documents, The Declaration of Independence and The Constitution. Getting into the property helped me identify that when you have the principle, the right of life and celebrating that as well as liberty, your freedoms, that property, the resources of the world can be used and aligned with those two other principles. Let me give you some examples. Back then with John Locke, how he understood property wasn’t just a piece of land. It was the material world. Look at what humankind has created with first understanding their mind and the value of that asset. Then looking at the world around them and using those resources to create value for others.

TWS 1 | 2018 Wrap-Up

2018 Wrap-Up: Capitalism, according to Ayn Rand, is the ideal structure so that humankind can progress at the maximum level possible.

 

The abundance that we live in right now is hard to fathom if you take a step out of the here and now. We have incredible technology for communication. We have incredible technology to leverage people around the world and their strengths to form a business. You have transportation technology, healthcare, technology, all things that are allowing human beings not to have to be afraid of surviving which has been a fear of society for a long time. We don’t have to even think about that anymore. The idea then and how the world was then and how it is now and associating our progress with all of that was valuable to me because I started to look at the world in a multitude of contexts. How much we’ve benefited from these simple ideas.

Hopefully, you got some value out of it as well. Maybe some of you had gone into reading some of John Locke’s texts. His treatises of government as well as some of the other books by some of those that were revolutionary in the ideas that help spawn the United States formation. I hope you’ve got tons of value out of that. I certainly did, and it’s led into a new theme for this year, which is I believe a taboo word or concept or idea that fits right alongside politics and religion. This is the word, capitalism. That’s going to be our theme for 2019. What it is? What it isn’t? Why it’s so reviled but also so celebrated? The structure of capitalism is the embodiment of what we talked about in 2018. Understanding it from a macro level, a group or a global level, as well as an individual level, is what my goal is.

Capitalism

My vision is for you to understand the principles of capitalism and how profound of a system it is and how it relates to you at an individual level so that you can achieve the goals and ambitions that you have. I always benefit from seeing, not conflict, but when there are very widespread opinions where you have at one end of the spectrum an opinion and then another. Both are very strong but on both sides of the spectrum. This is definitely capitalism. It’s been blamed for all sorts of atrocities, let alone the 2008, 2009 great recession. It’s been blamed for the exploitation of children.

Life isn't perfect; it's never going to be. Click To Tweet

Ayn Rand, who I came to understand in 2005 and 2006, celebrates it as the ideal structure so that humankind can progress at the maximum level possible. Her strong opinions versus the other side of the spectrum are evident in society now. As you guys learn about capitalism, not just from me, but from some of the people who are authors, organization presidents and other intellectuals. They’re going to be guests. You’re going to learn a ton of what it is, what it isn’t and how it relates to not only the macro side of the world but also at an individual level for you specifically. Some of the guests that we have, Yaron Brook from Ayn Rand Institute. We have Lawrence Reed from the Foundation for Economic Education. We have Joel Skousen, Connor is going to be on as well. G. Edward Griffin who wrote The Creature from Jekyll Island is on there. My buddy, Jason Rink, is going to be on there. There are going to be some incredible guests and some incredible dialogue associated with capitalism. You’ll definitely see where I stand as far as the philosophical point of view and what I’m doing about it. Organizations I support, how I analyze investments and how I analyze businesses and opportunities as well as my own business and own investments. It’s going to be beneficial to you too.

I have a bunch of other notes as far as some of the ways in which I view capitalism and view how important it is to me. I’m going to leave that for the season. I’m going to talk about one more thing. If you guys want to start to follow along with this theory. I would recommend that you pick up Ayn Rand’s book which is Capitalism: The Unknown Ideal. Milton Friedman also has an incredible book called Capitalism and Freedom. If you haven’t read Atlas Shrugged, maybe we’ll do a season on that one of these days. That’s a profound book that is very misunderstood as far as what the messages are and aren’t. If you want to pick up some literature and dive into this topic, then I definitely think that those books will give you a good idea of what some of these principles are and how they apply to the modern world.

I’ll leave it at that. If you have any comments, make sure you’re emailing us at Podcast@ParadigmLife.net or Hello@TheWealthStandard.com. We’re going to do something different. We’re going to keep doing these seasons. The seasons are primarily based on philosophy. In 2018, it was life, liberty and property. That’s what we’re going to continue to do this year with the main podcast, but on Fridays, we’re going to do something called Financial Fridays. I’ve been accumulating some interviews that I’ve done with specific financial strategy. We’ll have investment strategy on there. We’ll have specific investments, not typical mainstream investments like a mutual fund or a stock. We’re going to use more of the alternative investments that are out there. There are a number of people that I’ve interviewed and we’re going to play those. We’re going to kick it off with how I look at investment, which is from a hierarchical standpoint as far as tearing the different types of investments and how do you categorize them. That will be the first episode. I have some people I invest with as well as those who have participated in the Cash Flow Wealth Summit, which is a virtual event that we put on every year.

TWS 1 | 2018 Wrap-Up

2018 Wrap-Up: As human beings, we have so much capability, and where we thrive is typically where things are the most disruptive.

 

That’s going to be on every Friday, fifteen to twenty minutes, sometimes 30 minutes. I tend to want to do some short episodes. I love talking. I love conversations with people, especially stimulating conversations. Sometimes those will bleed over from 15 to 20 to 30 minutes. We’re going to try to keep them shorter, but they’re all focused around practical financial strategy. That’s it. Hopefully, you had a great end to 2018. I hope you’re ready to crash it in 2019. I look at what’s going on with the government shut down. I look at a lot of signals that are showing me that there is major disruption on the horizon. I don’t think what we’ve experienced over the last couple of months with market volatility is anything. I think that’s a blip on the radar. I believe that we’re going to have an incredible five to ten years of disruption from a technology standpoint, from an education standpoint, from a tax standpoint.

It’s going to be awesome. It’s going to be hurtful for others and painful for others, but I believe that there are going to be some tremendous opportunities that arise because of it. That’s awesome for you. It’s awesome for me because that’s what it’s about. Life isn’t perfect, it’s never going to be perfect. We’re all human beings and we’re fallible. At the same time, we have so much capability. Where we thrive is typically where things are the most disruptive. Thank you for your support. Thank you for allowing me to do this. Feedback is always appreciated as far as questions or things that we can address or other elements to add that you think would be valuable. Make sure you reach out to us. If you haven’t given us a review on iTunes, that helps. It gets the word out. Apple has these algorithms that did help rank and improve the listenership based on the success of the podcast. If you like what you’re hearing, definitely give us a good rating. That would mean a tremendous amount. That’s it. We’ll talk to you next time.

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David Neagle: What It Truly Means To Be Wealthy

TWS 16 | Wealth

 

Just as we thought we are doing just fine with the bare minimum, life happens. After a near-death experience, David Neagle woke up to the realization that he has to do something with his life and make the most of it. Now, as the best-selling author of The Millions Within and is known as one of the architects of the coaching and personal growth industry itself, he has been impacting people to live their purpose and affect others as well. David shares his perception of the world and his attitude. He also talks about how we express ourselves or deal with negative situations in a productive way as he correlates everything to what we know about being wealthy.

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David Neagle: What It Truly Means To Be Wealthy

TWS 16 | Wealth

The Millions Within: How to Manifest Exactly What You Want and Have an EPIC Life!

It’s quite the honor to have my guest on. His name is David Neagle. He’s the best-selling author of The Millions Within: How to Manifest Exactly What You Want and Have an Epic Life! He has a number of things going on. The book was written a couple of years ago. We’re going to also talk about some of his presence online, the courses that he has and other resources. David, maybe give us an idea of who you are, what your background is and what you’re all about.

I’m from Chicago, Illinois. As a teenager, I was headed in the wrong direction, quit high school at seventeen, got married early, started having children young. Creating all the responsibility that goes with that without any way of being able to fulfill it. I was working two jobs. I was working at a dock six and a half days a week and driving a truck. Right after my son was born in 1989, I had a water-skiing accident. I got separated from a boat and I was sucked through the dam, broke my back. I was only one of two people that ever survived going through that dam up until that time. It was a rough day. That day woke me up to the idea that we don’t know how long we have here. I was playing small. I was not fulfilling my commitments. I didn’t know what it was to be a responsible man, husband, father. My parents split up when I was thirteen. My dad wasn’t around a whole lot. I didn’t have a whole lot of guidance.

That woke me up to the idea that if I was ever going to do something with my life, I need to stop procrastinating and start doing something now. I learned a lot of lessons from that day. As far as the story of where I was and where I’ve come to, that was the main story that changed for me that day, that I need to do something. I didn’t know what to do. I had an idea in my mind that if I’ll let this happen, something was going to break open and my life was going to change in some way, which turned out not to be true. It did cause me to start thinking differently. Once I got back to work and I was okay, I was working so much I was just exhausted. We were living in a bad neighborhood next to a drug dealer. My self-esteem was going down on a consistent basis. I was ashamed of where we were living and that we had to be exposed to that.

On a Tuesday morning in February, I had a complete emotional meltdown in the back of the trailer that I was loading on this dock. I was just praying to God, “Show me a way out. How do I get out of this? What do I need to change?” A little voice in my head said, “Change your gratitude.” I didn’t even know what an attitude was. I began to think about what is an attitude. I picked the person that owned the company that I worked for and I asked myself, “What’s the difference between him and I as far as our attitude? He’s so much further than I am and I would love to be where he is. What is the difference?” I broke it down to three main things that I noticed about myself and him as far as the difference. He must have loved what he did because he started the company in his garage and he was the largest food importer in the country at that time. He treated everybody with total respect. He would very often come through with other business people through the warehouse.

He would always stop and say hello, shake your hand, thank you for working for him, ask how your family was if he had time. He acknowledged people. I figured he also must have done a great job. That’s how he built the business. I wasn’t doing any of those three things. I hated what I did. I was angry internally so I was taking it out on other people. I didn’t hear about the quality of my work. I decided I’m going to change those three things. At that time, I was making $20,000 a year working two jobs, six and a half days a week, all the overtime I could take. I was trying to find a way to get to $40,000. I thought if I get $40,000, that will solve all of my problems. After I changed my attitude and I made this commitment, no matter what, I am going to stick to this. Thirty days later, I tripled my income. I went from $20,000 a year to $62,000 a year.

There were a couple of things out of that that was extremely significant for me. One was I knew that some way somehow, I caused that to happen. I just didn’t know how. Years later, my mentor told me I was an unconscious competent, which is fine until something changes and then you don’t know what to do. I was blown away that this kind of a change could happen this fast with relative ease. It wasn’t like I went back to school. It wasn’t like I was working harder. It was an internal shift in how I was showing up every day. That’s what made the change happen. The other thing was that I was stunned when I realized that the opportunity for that to happen was around me for two years and I couldn’t see it. Later on, I had been reading Think and Grow Rich. In the beginning, he talked about the sly disguises of opportunity. I immediately resonated with that paragraph where he said, “Sometimes opportunity shows up as fortune or temporary defeat or just being unfortunate.”

I thought, “This opportunity was around me for two years and because of my mindset, I couldn’t see it.” That caused me to start studying. I studied for seven years and then I started working with a mentor. From there, I went on to create my own business and became a multimillionaire. Nothing outside of that original attitude change changed all that much. I didn’t go back to school. I didn’t get a degree. I just kept working on myself and applying myself the best that I could at every opportunity that I had. I found out what my purpose was that I’ve wanted to teach other people how to do this. I like working with entrepreneurs, which I still do now. I’ve worked with people all over the world and continue to do so. It is my passion and my joy to wake up other people and lead them to their purpose and the freedom and the expansion of what it is that they’re here to do to affect the people that they’re meant to affect. That’s what gives me the greatest joy of all being able to do that.

How we view things is largely a function of the past. Click To Tweet

The first thing I see is the perception of the world, how we view things is largely a function of the past. Opportunities are probably all around us. It can’t be seen because it’s our past perception unless we start to make changes. That’s a big thing. Napoleon Hill talked a lot about this, which is taking on a mastermind group and essentially an archetype of someone else that represents or an archetype way has characteristics, traits, attributes that are desirable to you and start to act that way. If you act the way you act, you’re just going to get what you’ve always got. It’s the perception. As you wake up every morning, how has that adjusted your perception of the world? When you wake up, how do you view the world?

I view the world as an amazing place. We’re probably at the most amazing time in history. I view the world with an incredible amount of potential that is slightly misguided at the moment. We’re in the midst of a major change. Anytime you see a lot of change occurring, you usually will see a lot of confusion simultaneous to that or parallel to that. That’s what we’re seeing right now. We’re seeing a lot of confusion in values, a lot of confusion in where we’re going as human beings, what’s important to us. I also think that there’s a lot of delusion out there that goes along with it. I’m very optimistic about what we’re doing. One of the things that keeps me optimistic is how many people are showing interest in a positive change for our world and getting involved and working on themselves and trying to make a difference, versus the way that we did it 50 years ago in the ‘60s. We had a great idea back then but I don’t know that we have the emotional tools or the psychological tools to pull it off. We made some progress but people now are starting to show a little bit different and realize, “I’ve got to change me in order to change what is a representation of me, which is the reality that I live in.”

How do you see the correlation of your perception of the world and your attitude?

I can tell you that it is so vastly different from what it was like before I went through that data. I felt very unempowered. I felt very victimized. I felt like I lived in a world where there was nothing that I could do to control my outcome or my destiny. The world that I live in now, just because of the changes that I’ve made personally, is 180 degrees different. The people that I know, that I work with, that I come in contact with are nice, friendly and they want to help. They want to make a difference. That’s not what I used to see before. I saw anger, victimization and entitlement. I know that those things are out there but it’s not part of what my experience is now. I hope I’m answering your question. It’s very different because I changed that.

TWS 16 | Wealth

Think and Grow Rich

This goes to the relationship idea. I’ve been thinking a lot about this lately. I know you’ve spoken alongside Tony Robbins, Bob Proctor and a few others in the personal development world. Something I have learned through just study and education is the idea that having a lot of money doesn’t equate to what people think it does. People are seeking an emotion. They’re seeking a way of feeling about something and proof of that is the people that take their own life even though they have a lot of money. The correlation to attitude and to this is all money and all wealth is an exchange. When you have a lot of money it’s because you’ve affected in one way or another a lot of people. I believe attitude is that connecting piece, which I find fascinating. I never thought about it like this. It’s fascinating to think about how you come across with a perception of like, “We’re the most amazing time in the world or we’re in the shittiest period of history.” You could see it both ways and sympathize with it in a sense. The attitude and how that connects with other people based on that perception is curious. With a person in a perspective of the glass is half empty, you don’t want to be around that person or do business with them. If it’s the other way around, you do.

You’ll hear people talk about what it’s like to go visit different countries. I’ve been to a lot of different countries. I’ve had people say, “The people are rude there. They’re not nice,” and I go and have a completely different experience where the people are warm, friendly, helpful and wonderful. I don’t have that experience. The money part of it, what you’re saying is so dead-on. Every dollar that we spend or that we earn benefits the lives of other people. Money is just a tool. If I’m spending money, I’m contributing to the people that bought or own the companies of the products that I’m buying, which benefits them and their families and their kids. They can send their kids to school. If I’m earning money, I’m building a business which provides jobs and income for people’s families so that they can grow. When I first started off, I didn’t know I was going to have that experience of how much joy I’d get in contributing to the lives of other people in that way. Not just with the products and services that I deliver to the world, but the fact that I provide jobs, I’m doing something that’s meaningful in a very holistic way with everybody that I come in contact with.

There’s a correlation there more than we think. You can do something that’s not meaningful and get money from it. The idea of being wealthy or fulfilled or have that sense of emotion of achievement is because you have both, which is you’ve done something and you feel that. You also have impacted the lives of somebody else because they’ve given you a lot of money.

It’s interesting what people think about money. I remember before I was wealthy, the thought was about what I would do when I was wealthy, what I would spend money on, houses, cars and trips and stuff like that. Then you become wealthy and after you buy things for a little while, it’s not about what you’re going to buy next. You’re not coming from that place. It’s about how you’re going to serve more. For me, that’s what it is. To watch the light go on in somebody’s eyes when you make a difference for them, the psychic income that you get for that far surpasses any financial income that you could. If I wanted to stop working now, I could. I get to get up and do this every day. It’s not something I have to do. The whole attitude behind the fact that I get to get up and make a difference, I make choices in my life that allow me to do that. I get to watch other people have those breakthroughs. That to me is absolutely amazing.

It’s like the accelerator. I was observing a dinner conversation and the net lottery was a huge amount. I was just listening and observing but they were like, “We’re going to be able to do this and do this.” It’s interesting because most people think that way. If you get to that place and you have those things, you realize that it’s an emotion that you’re after, then the acceleration piece is you get to that point. From my perception of those that are wealthy, you’re on a different gear where your drive doesn’t come from having more money. It comes from having more of those feelings, which is serving and helping people.

People want to feel good. One of the problems that we have as a society is that we’re having difficulty keeping up emotionally with how fast everything is changing. The answer that we have to that is drugging people. That causes a major problem because it doesn’t allow them to grow. When we’re seeking those feelings, when we want to feel good, you mentioned about wealthy people taking their own life. I’ve seen that and we’ve also seen some very prominent people commit suicide that you would think to yourself, “They’ve got everything. They’ve got dream careers and they hanged themselves or something.” I did a podcast about Anthony Bourdain after he hung himself because he was one of my heroes. There was no other way for him to get that feeling, whatever it is that was missing in his life. There’s something to be said for finding why you’re here and having the appreciation and the gratitude for that.

If you act the way you act, you're just going to get what you've always got. Click To Tweet

We do an exercise that we do as a company and I also do it with my family. That is every day you have to say three things that you appreciate about yourself and three things that you’re grateful for in your life. The hardest part for adults is to sit around at a dinner table with a bunch of adults and say, “Tell me three things that you appreciate about yourself.” They go blank, they have a hard time with that. If you ask a five-year-old to do it, they’ll be like, “I appreciate my nose. I appreciate my coat.” They come up with things. They have no problem with it whatsoever. It’s almost like it’s taught out of us as we go through life. It’s like waiting for the other ball to drop or whatever that saying is. It’s like there’s always an air of disappointment ready to come into somebody else’s life because they don’t feel they have control over where it’s going.

It’s like you’re selfish or you’re self-centered if you appreciate yourself for something. It’s interesting, it’s like a social stigma. I don’t know what it is. Maybe it’s the school that teaches. It affects a lot of people because I know a lot of people like that, even myself to an extent.

It starts off with the idea that part of our value systems is to put other people first. We’re never taught a healthy balance of putting ourselves first, taking care of ourselves, giving ourselves what it is that we need first and making that okay without being shamed for it. We’re not born with shame and guilt but it is used as a correction tool from the moment we’re born almost and then all through life. Once you pass that on to somebody, we do it ourselves. If my parents shamed and guilted me for my behavior, I don’t need them to continue doing it. I’ll do it for the rest of my life unless I correct that. If I’m doing something that would be outside of what was acceptable for them, I’ll immediately go into shame or guilt and automatically correct my behavior to go back to stay in that pattern. That’s where it has to start to change. Plus, the other thing is this. We’re the only form of life that adjusts our behavior for the appreciation of other forms of life. It happens in nature. The way that we were trained to do that is by limiting the way we can express ourselves.

I’ll do seminars and I’ll ask by a show of hands, “How many of you grew up in a household where it was not okay for you to express your anger?” 90% of the room will raise their hand. We were taught to express ourselves in a way that our parents were comfortable with, but not necessarily based on what we were going through emotionally or how we were feeling. In order to set ourselves free, we have to get back to that baseline of who are we and accepting ourselves for who we are and where we are. Not to say that we can’t get better, but not shaming ourselves for what we haven’t done yet and learning how to express ourselves authentically. Anything that would be considered a negative emotion, like a lot of people, consider anger a negative emotion. I suppose that it is when it’s expressed in a negative way. We’re human beings. When we do have those emotions, how do we express it in a positive way so that we can get it out of our body instead of suppressing it, then at some point blowing up where it does get expressed in a negative way?

We do tend to deal with it. It may seem so subtle on the surface where there’s this little issue and it’s like, “I’m not going to deal with it.” Even though we don’t think that it affects us, it does and it stays. Then the next time something happens, that it’s a little bit more and then a little bit more. That compounds out of control. I’ve thought about a lot of this about how we express ourselves or how we deal with especially negative situations in a productive way. I don’t know if I have the answer to it. I’ve been aware of it and I’ve thought through and I’ve had difficult conversations or had to have difficult conversations. What do I do in order to not subconsciously come across as a jerk?

TWS 16 | Wealth

Wealth: The natural progression is that whatever the dysfunction in life is, it’s going to continue to get worse until we have one of those radical wakeup call moments.

 

Part of it is evaluating how much a person has the ability to accept responsibility for themselves and talking to them based on that level of where they are. If you’re dealing with somebody who is projecting that they’re victims and that they’re entitled. You come like, “No, in order for you to change your life, you’ve got to accept responsibility.” They’re not going to be able to hear you. We have to get back to a place where we were teaching what responsibility is in society and holding people accountable for that. The difficulty that we have is that’s great for kids. A kid’s mind is not programmed yet to blame other people for their actions or where they are in life. When you’re teaching children, all they have to do is make up their minds. That’s the truth. That’s the direction that they’re going to go. They’re relatively okay with that with some guidance. Adults have to change their mind. You have to get them to accept a different idea about how life is based on what the problems are that they’re experiencing and where do they ultimately want to go. The truth of the matter is some people just don’t want to change it.

Also, there are layers upon layers, years upon years that is on top of what the core issue is. It’s typically what’s manifesting those core issues. You’re right, it’s dealing with that. In adults, especially, it’s difficult. Also one thing in relation to what you said, which is this understanding where we put others first before ourselves. The connection that I made years ago and I would say I still have issues with it, which is the best way to take care of others, is to first take care of yourself. If you don’t do that, then you’re going to show up less than what you could for others. You’re hurting others regardless of whether you put them first or not. If you put yourself first, that at least puts you in the optimal position to be of most benefit to others. These are all attitudes. It’s interesting it still seems very counterintuitive to what the overarching universal belief is. I see signs of it changing and adjusting. It’s years, decades and repetition of what’s held as a social belief or an American belief or whatever. It’s going to take a lot of work. It seems from your perspective, I would agree with it that there’s a momentum there.

I was listening to Oprah in an interview one time a couple of years ago. They were talking to her about racism and where we are as a society as far as racism. It was an interesting interview. There was nothing new being said. The question was asked, “What do we do with people that are above 55 years old? They were raised in a different generation with different beliefs. How do we change their minds?” Oprah’s response startled me when I first heard it. She said, “They just have to die.” At first, I thought to myself, “That’s crazy.” Then I was thinking from a realistic perspective, there are some generational beliefs that people are not going to change.

You can tell a person that racism is wrong and it’s ignorant and it’s passed down from one generation. You can bring all the logical argument to someone. If they don’t want to change the belief, they’re not going to change it. They’ll just shut up their mouth but they won’t necessarily change it. That’s what Oprah was trying to say. If you look at other things, it will pass away as those generations of people with beliefs as they transition. New generations of people come up with a more loving mindset or a liberal mindset or however it is that you want to put it. People are becoming more aware of the truth every day. It starts to become more obvious. We’ve pushed the button so far in one direction and there’s too much information that is readily available at everybody’s fingertips. It becomes difficult for the people to try to carry the light from one generation to another to be able to continue to do so.

We’ve been talking about how individuals suppress. Once it’s a group or a collective that’s suppressing something, it’s even stronger. Going to your story and your awakening when you went through that dam, catastrophic events oftentimes disrupt that mindset. Look at 9/11 or you look at the different hurricanes and natural disasters, they tend to bring people together. In those very disruptive environments I would say is where you have this inkling of people are putting aside any differences, political, social and race to help one another. Then a month goes by and it’s back to normal. It’s interesting to see how those types of disrupted events break down those social barriers that are evident.

Every dollar that we spend or that we earn benefits the lives of other people. Click To Tweet

We do a program that’s called Date with Your Darkside. The whole idea behind it is that if you have something in your life that is showing up dysfunctional or a problem that just keeps persisting. My belief is that the universe is always trying to correct us individually, trying to get us back on track with what our purpose is. We don’t readily see all of those signs as we’re going through life. The natural progression is that whatever the dysfunction is, it’s going to continue to get worse until we have one of those radical wakeup call moments, whether it’s the trauma in our own life or we’re seeing it as a society. I’ve told people you don’t have to get to the point where you have a near-death experience to change if you can recognize what the signs are ahead of time. Then unravel or unpack what the patterns and the roles are that you’ve taken on from your parents that are continuing to cause those problems. You can proactively change and then learn the tools and the skill sets that you need in order to literally take your life down a totally different path and have a completely different result.

We’ve been doing that for a long time with people. The results are absolutely astounding that they get from that. For me, it came out of the idea of, “What happened in my life that caused me to change and what have I watched thousands of people do to precipitate change in their life? What caused that? What were the precursors that they experienced that said, “This has got to change now. Something different has to happen.” It doesn’t have to be that somebody dies or gets hurt. It could be something proactive, following something that inspires us, a desire that we have, an inspirational person or book or art or something like that. There are a lot of things in this world that are pointing in the right direction, we just have to wake up to what they are.

What does this have to do with being wealthy? This is a topic of your book and something I think a lot about. Let me first address this notion of awareness. That’s the keyword that you brought up is when these disruptive events happen, you have a new awareness. Your perception has changed. I was having a conversation with somebody and they made an observation about me, which was fascinating. I’m still trying to process it. My parents were both teachers in the same school system that I went to school in. My middle brother and I, we realized early on that we couldn’t get away with anything. The discipline level of normal teacher-student was enhanced because if we did something bad, they went to our parents. It was an extra layer.

You’re always trying to make sure that things look good. Whether it’s the right connection or not, I just found it fascinating that we have all these experiences in the past. It’s everybody. It’s not just me, it’s everyone, where we’ve had certain experiences that we put meaning on and we’ve just continued to grow and enhance whatever that is until it exists now. It’s not like everybody was watching me then. We may have gotten in trouble or whatever. It doesn’t apply or has meaning if you’re aware of and you know how to process it, which is a whole other set of things when you approach the dark side, as you put it with your event. When you show up in life, the value you create to the world is represented in a couple of ways. One of the ways is with wealth, with money which is, “Here’s what you’ve done for the world.” If you don’t have a lot of money, you can be a victim about it and say, “It’s because this didn’t happen or this person is this way, this person is that way.” If you take stewardship and responsibility for it, it’s becoming aware that and then figuring out how to show up different, how to change your attitude and control what you can control. What does any of this have to do with being wealthy or achieving what we define as wealth?

What I believe the way that this is connected is that money itself is very interesting when you take into consideration. If everybody was aware of how to earn whatever amount of money they needed whenever they needed it, which is my definition of wealth. It’s not stacking up money in the bank or in a mattress or whatever. Not that investing or saving is a bad thing. It’s a good thing, but that doesn’t define wealth. Wealth is your ability to bring that resource in. If everybody was aware of how to do that beyond working a job, understanding how money moves and how to bring it into their life then they become uncontrollable. It is one of the ways that society still can control the masses because if they are dependent upon everybody else for the money, then they have to conform to everything that is required in order for them to earn money.

TWS 16 | Wealth

Wealth: Wealth is a mindset; it’s not something that you achieve. It’s not this end result. It’s a way of being.

 

There are one or two reasons that people look at becoming wealthy. One is so that they don’t ever have to worry about money again, which is a negative viewpoint. That’s built out of fear. The other one is, “I am born to be a success. I have a purpose. It is going to require a lot of money for the fulfillment of that purpose and that purpose is going to benefit a lot of people and money is going to have a role in that.” In our website, we have a free download that’s called You Were Born to be a Success. It starts people off in that direction. It’s like turning the corner for that individual in their life. The key is that if we come from this place of, “I don’t have to worry about money because I’ve mastered my ability to bring finances into my life,” you totally change the direction and the purpose and the capacity for a person to expand their life because they’re no longer fixated on, “I’ve got to spend this much time or trading my time for money, working in a job that I don’t like, which makes people unhappy. Working with people I don’t like.” You should do what you love with people that you love and master being able to bring money in your life so that it’s not an issue. Everybody can do it.

My belief is that everybody on the planet has the same amount of money. They’re just either ignorant to that, meaning that they don’t know that that’s the truth or that they don’t want to change to be able to do the things that are required to bring it in. Earning a lot of money is not difficult. There are homeless people that understand that more than there are people that work that understand that. Homeless people are believably resourceful. There are people that walk around free, they talk about all the reasons why they can’t do something and we have people in prisons that are able to get drugs, pornography, cigarettes, all kinds of contraband and they’re in a 9×11 cell, 23 hours a day. How is it that they’re able to be more resourceful than a person who’s free? It’s the change in your mind that binds you. If you think about it in those comparisons.

You have a person that says, “I can’t do this because I don’t have the money.” The problem is that they don’t have the urgency. If you change the urgency in a person’s life in order to get the money, everything changes. If somebody said to you, “If you don’t come up with $10,000 in the next seven days, your kid will lose his life.” That I guarantee, the person will find $10,000 in seven days. That will be the same person that won’t go out and buy a self-help book because they say that they can’t afford it. Or they’ll be late on their payments because they literally stop with the imagination in their mind or the story in their mind that they can’t do it, it can’t be done or they have toleration as to what’s acceptable and they don’t raise their standards in their lives. But if you change the circumstances, they’re able to do it. They’ll break through whatever barrier that they have in order to make something happen.

The word “can,” what an amazingly controlling word that is, which is totally false. You’re hitting on things that just resonates so well. That’s probably what you meant with the title of your book, The Millions Within. Humankind shares very similar attributes as far as who we are, maybe not the physical environment in which we live but who we are and our ability to create and our ability to think. Going back to what we talked about, which is John Locke who lived in a time where there wasn’t electricity, there wasn’t plumbing, where life was very at a rudimentary level. He saw what a human being could create with the right mindset, with the right environment and so forth. As you alluded to in the beginning, we have more opportunity now than ever. Also, you could see a perspective where people think it’s all going to end. It’s all going to end.

What we’ve been talking about here, wealth to me is a mindset and it’s not something that you achieve. It’s not this end result. It’s a way of being. You don’t have to have a lot of money in the bank to think and believe that way. I believe that true wealth is going to come about by first believing and thinking that way, which will create a specific attitude which will then bring you around the right people and get you away from the wrong people. That right there altogether is that state that people are seeking. It’s not a state that you achieve, it’s a state that you are working on all the time.

There's something to be said for finding why you're here and having the appreciation and the gratitude for that. Click To Tweet

It is a state, it is a way of being. It is how you show up every day. Anybody can do it. It starts with this. If you’re willing to take responsibility for everything that’s in your life, you take your power back, which allows you to change your perception and see what you couldn’t previously see before. All the opportunities, everything that you need is here for everybody. It’s not to pick or choose. You don’t see the worry. You don’t see the fear. You don’t see the dysfunction anywhere in nature unless human beings get involved. Nature just flows with life and intelligence. It knows exactly what to do. Think about a beaver building a dam. They don’t go to building dams school as little beavers. That’s instinctual knowledge that they have. It’s the same with birds building a nest. Those are very intricate things if you’ve ever looked at one up-close. How did they know how to do that? We have the same guidance inside of ourselves. We’ve got to stop following the dysfunctional stories that we’ve been told that are not based on any truth and start following what is true. The truth is you have to study a little bit to get to those things. If you’re willing to do that, you can change your life for the better in a very short period of time.

David, this has been enlightening for me. This has helped me connect a few things. I appreciate that from a personal level. We’ve been talking about all of your elements of this. We brought it together well. Thank you so much for helping us do that. I know you have not just the book but there are a lot of other resources that you have that speak to practical ways of implementing some of what we’ve been talking about. Would you mind speaking about that?

All anybody has to do is go to our website, DavidNeagle.com. There is a free download there called You Were Born To Be A Success. There are also a lot of other resources. Our events are all listed on the website if you want to come to participate with us. You could give one of our coaches a call. That information is on the website and they’ll help you work through any problem that you’re having and help you with what is the next step from there.

Are you active on social media?

Yes, we’re on absolutely everything and always communicating there.

David, we’re going to have to do a follow up to this. Thank you so much for sharing your wisdom and your experiences with us. We appreciate it. I’m sure we’ll touch base and talk soon.

Thanks so much for having me. I appreciate it.

Important Links:

About David Neagle

TWS 16 | Wealth

In September of 1989, what was supposed to be a rare relaxing day with family cruising down the Illinois River in a roomy boat, quickly turned into a nightmare.

David Neagle was pulled deep into the gates of a dam that shredded his flesh, broke his back, and nearly drowned him. No one expected him to survive the accident, and rescue workers even told his family he was already dead. (Entire boats had been sucked into this same dam, without survivors.)

What happened instead is that David, a high-school dropout and dock worker, awakened to the potential previously untapped within him. He made a decision that day to begin the journey responsible for changing his entire life, and now the lives of thousands of others.

David Neagle knows how to help you achieve whatever dream your heart desires – no matter where you’re starting from.

After his brush with death, David began to study his own potential. In the 12 months following his accident – despite being unable to walk for more than a month – he tripled his income. By December of 2000, David had expanded to become an executive corporate manager, a stock investor, and a business owner.

Over the years, David continually sought new mentors with each new level of success he attained. He began to study every great person in history. But it wasn’t until David began studying “The Science of Getting Rich” by Wallace D. Wattles, that he fully understood the transformation he’d undergone. Wattles’ book uncovered the exact change in David’s thinking and in his attitude that had gotten the ball rolling to create his unstoppable success.

Today, David Neagle is the best selling author of The Millions Within and is known as one of the architects of the coaching and personal growth industry itself, having worked alongside other well-known mentors like Bob Proctor, Marianne Morrisey, Tony Robbins and the like for decades.

 

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Patrick Talks With Nick Vertucci / Property / Episode – 2

Patrick Donohoe talks about entrepreneurship and Real Estate with Nick Vertucci!

Nick is and educator and the founder of NV Real Estate. He came from a very humble background.  His life is “that” story.  The “rags to riches”, American underdog type story that many of us love to hear about, but wouldn’t wish on their worst enemy!

Nick hailed from a humble family, which could hardly make ends meet.  His situation got much worse and more difficult when his father died when he was only 10-years old.  He’s been running his own businesses since we was 18 and he’s been through pretty much everything an entrepreneur can go through!

Fast forward several years and his company NV Real Estate is doing fantastic and it’s for this reason and so many more that we’re honored to have Nick on this episode of The Wealth Standard.

 

Melinda Emerson’s 12 “P’s” of Business / Liberty, Episode 15

Melinda Emerson is commonly referred to as the “Small Biz Lady”.  She’s been a thriving entrepreneur for nearly 20 years & is regarded as America’s #1 small business expert!  Melinda’s small business advice is widely read, reaching more than 3 million entrepreneurs each week online.

In episode 15 of “Liberty”, Patrick talks with Melinda about her 12 “P’s” of running a business.  Are you exhausted?  Do hate the your own company?  Do you feel trapped by your own creation?  It’s ok…  It happens to more people than you think.  Melinda Emerson is here to help!

 

Patrick Donohoe Breaks Down The BI Triangle / Liberty, Episode 14

Host Patrick Donohoe is flying solo in Episode-14 of “Liberty”.

His focus of this episode is the “BI Triangle”.  Have you ever heard of it?  Did you know that there are many successful business owners and investors that don’t make a move unless the desired outcome is in-line with it’s structure?

Patrick spends this episode breaking down this 3-sided foundation for the long-term success of your business.  Listen now!