221: The 5 Types of Wealth by Sahil Bloom

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1. 00:00:00 Okay. So follow up from the last one. I'll keep this short. I did not do very well.
2. 00:00:07 I don't think I practice softer focus at all. I did not read the ruthless
3. 00:00:13 elimination of hurry. I did read a separate book though. So this one, I think maybe
4. 00:00:18 is a halfway mark, a yellow mark, because I intended to read a gap book, and this
5. 00:00:24 is going to be my gap book. What ended up happening was we interviewed Paul Lumens
6. 00:00:29 for the Focus Podcast, and he's got a book called I've Got Time. So I had to read that one before
7. 00:00:35 we interviewed him. Nice. Yeah. I mean, that's a yellow. That's definitely a yellow. I got that
8. 00:00:40 one done. I think I'm going to pick the ruthless elimination of hurry as a gap book again this
9. 00:00:44 time. The daily affirmations, I made them, but I did not use them yet. I think I still got
10. 00:00:53 more work to do with these. I've got three of them so far. You want to hear what they are?
11. 00:00:56 I do. Absolutely. Okay. So the first one, I have no idea what format these should be. So I
12. 00:01:02 like Googled daily affirmations, and the ones I got were just really generic, and these are stupid.
13. 00:01:08 I'm going to just make mine up from scratch. Can I pause you one second? Yeah.
14. 00:01:12 Did you watch Saturday Night Live at Ever in Your Life? When you say daily affirmations,
15. 00:01:16 do you know the reference that's rolling through the back of my head? Stewart Smiley.
16. 00:01:20 Yeah. Stewart Smiley. Okay, cool. I can't not think of daily affirmations and think of,
17. 00:01:24 I didn't remember just doing smart enough and gosh darn it, people like me. Gosh darn it,
18. 00:01:28 people like me, right? Like, okay, sorry, we had to get that out of there. Now you can tell me
19. 00:01:32 your affirmations. So mine are kind of like that, actually. So first one, I am a successful
20. 00:01:37 business owner, and I know what I'm doing. I'm good enough. I'm good enough. So basically,
21. 00:01:42 like the thing I struggle with is I feel like I know what to do, but it's taking a lot longer than
22. 00:01:48 I hoped it would. So yeah, just trust the process essentially. The next one, I'm able and willing
23. 00:01:56 to help people make sense of big ideas. This is the thing that I struggle with in the library,
24. 00:02:01 because I want to create this place for curious sense makers, right? Which by the way, I should
25. 00:02:06 mention there's a couple different versions of the library. There's the one that has all of my
26. 00:02:13 courses and all the cohorts and everything with it that we talked about. But then I created a light
27. 00:02:17 version, which is basically just like the text based private forum without any of the live stuff.
28. 00:02:23 And I wanted to make that one really accessible. So that one is $47 per year. And that can give you
29. 00:02:29 a taste of it. And then if you want to, you know, the hot seat coaching and all the other stuff,
30. 00:02:32 you can upgrade later. But that is an option. But I struggle with this, like, who am I really
31. 00:02:41 to help these people? And, you know, I've been in groups for the pro show, you know, Mastermind
32. 00:02:48 groups, both regular ones and event based ones. And whenever I'm a part of those, I'm able to
33. 00:02:57 contribute and people seem to get value from what I have to share. And then, you know, I get out of
34. 00:03:01 that scenario and I'm like, do I really have anything valuable to say? So that's the struggle
35. 00:03:07 with that one. And then the third one, because I'm doing this creative coaching group, I'm a
36. 00:03:11 competent coach who can help people get to the next level, their creator business. I'm starting
37. 00:03:14 to see this with some of the people that I'm working with and just the stuff that I've shared.
38. 00:03:18 But again, imposter syndrome, like who am I to actually talk about this stuff. So those are my
39. 00:03:24 affirmations. And the intention is that as I say these, it's easier for me to just show up every day.
40. 00:03:31 That's as you're playing to say, I'm like, at a certain part of the day, throughout the day,
41. 00:03:35 like what's your intention there? Do you have one yet? So I guess like the 80/20, like the
42. 00:03:41 minimum viable product for this action item would be they become part of my morning routine.
43. 00:03:47 But I like the idea of triggering them at specific points throughout the day as well.
44. 00:03:52 I have to have to think about that. I'll have to create some sort of crazy automation for that,
45. 00:03:57 like I did for the plus minus next shortcut, which by the way, as you record this, that video just
46. 00:04:02 went live. Nice. Nice. I'm excited. I'm excited to watch that one because like that was a cool idea.
47. 00:04:08 And you went you went off on it. So that was great. All right. How about you? Would you
48. 00:04:13 have your action items? Okay, Mike, I got to tell you a little story here. I'm not going to make
49. 00:04:18 it too long. But at the same time, I did none of these. I didn't even think about these.
50. 00:04:22 This wasn't on my radar. I was never going to think about these. And here's why is I learned
51. 00:04:28 last week at like 10 15 in the morning on Monday that I was going to be at a conference
52. 00:04:34 at 8 30 on Tuesday morning. Okay. So I was like, well, okay, my whole week just kind of went crazy.
53. 00:04:44 Now it was amazing. Like it was it was an awesome thing. I should have been at the conference. It
54. 00:04:48 was 100% the place I needed to be for some things that are happening with work and with the job.
55. 00:04:54 And then also with me and with personal interest. So it was great. It was fantastic. Really glad.
56. 00:04:59 But I didn't do any of these. So my my follow up items were what do I dream about? What do I
57. 00:05:04 worry about? And what do I get upset about? What am I okay with? Didn't have a chance to reflect
58. 00:05:07 on those? What's my better reward than the quote unquote lollipop? And then trying to visualize the
59. 00:05:13 path of mastery did not have a chance to to think about any of those things. But I will say that my
60. 00:05:18 follow up session or experience is not all lost. Because guess what I did do while I was at the
61. 00:05:25 conference and guess what I think I figured out, Mike, I think I figured out the way to first
62. 00:05:32 establish my presence on the internet. I did notice that you were publishing quite a bit.
63. 00:05:38 Well, yes, it seemed like you were at a conference. I mean, I didn't know what conference it was or
64. 00:05:41 anything like that. But okay, we talked about micro dot blog in our in our thing.
65. 00:05:48 Yeah, I love it. Like I absolutely love it. And the reason why is because the friction between me
66. 00:05:55 making either a short post or a long post and getting the idea out there quickly is so small.
67. 00:06:04 Yeah. So for anybody who might be interested in this, anybody who wants to nerd out about this,
68. 00:06:08 the key to it is called is an app called Mars at it. Because Mars at it will link to your micro
69. 00:06:14 dot blog page. And then if you want to do like a shorter post, you just go like micropost and you
70. 00:06:20 boo and you throw your sub 300 character post in there and you get it out there and it flies off
71. 00:06:27 and it's on the internet. If you want to do a longer post, you just start typing. If you are
72. 00:06:31 typing and you realize that your sub 300 character post turned into a, you know, 1500 character post,
73. 00:06:39 it handles it. Like it just takes care of everything. Like you don't have to like worry about it. You
74. 00:06:43 don't have to adjust any settings, integrating images to it. I mean, I'm like no joke, like loving
75. 00:06:49 it. Like I really have found the thing that there isn't that level of friction between idea and
76. 00:06:56 getting it up and out there in some form on the internet. So I was like really, really jazzed
77. 00:07:04 that I found that. And like the goal is now to just figure out how to organize it and how to like
78. 00:07:09 keep more content coming and make it work. And like, you know, one of the quirky things. I mean,
79. 00:07:14 you know this, you deal with technology all the time. There's a, there's a limit right now on the
80. 00:07:18 number of posts that'll show on any page. So if you click on a category, it'll only show a certain
81. 00:07:21 number of posts. Why I got to try to figure out how to, how to fix that? Because I wanted to show
82. 00:07:24 all the posts from that category, even if it takes the page a little longer to load. So it's like,
83. 00:07:28 I'm learning the fun, like nerdy tricks around getting the tool to do what I want it to do. So,
84. 00:07:33 I'm going to take that as a win from the follow up category, even though it wasn't any of the
85. 00:07:37 follow up items from the last one, because I'm really excited about it.
86. 00:07:40 Yeah. So I published the last episode. And that was one of the action items that you had on there.
87. 00:07:50 And then like the day before it went live, I saw that you were publishing a lot. And I noticed the
88. 00:07:57 URL that you were sharing. So I actually discovered your micro dot blog site and linked to it in the
89. 00:08:03 last episode. Thank you very much. I didn't know you did that. No, because so this has been a
90. 00:08:09 a bunch of moving pieces working in the background for those who aren't part of the library. But I
91. 00:08:14 asked in the library, you know, I was trying to think about branding. And then at the same time,
92. 00:08:17 Mike and I are talking about like platform and which one to use. And like it all kind of just
93. 00:08:24 came together. And I'm really like, I'm really happy with it. I think you can hear it in my voice,
94. 00:08:28 but it's like, like, I haven't found a tool that I liked that allowed me to easily get thoughts on
95. 00:08:34 online. And this is like clearly the one that's working for the time being. And I'm really liking
96. 00:08:40 it a lot. Awesome. So what is the URL of your your site? So people know what it is and they can go
97. 00:08:46 to it. It is anchored thought.com. Right. So and the reason why it's that is because the thinking
98. 00:08:52 that I want to do on the internet, I want it to be in a bunch of different places. Like, so I want,
99. 00:08:57 I don't want it to be limited to, oh, I just talk about technology, or I just talk about learning,
100. 00:09:02 or I just talk about, you know, theology or whatever it is, I want it to be all of that stuff. But I
101. 00:09:07 want the theme of it to be it's anchored on something that I'm very, very passionate about,
102. 00:09:12 which is scripture and theology and the Christian faith. So it's like, the idea is that all that
103. 00:09:17 stuff is anchored in the Bible. And then it's whatever I'm thinking about at the time. And I want to
104. 00:09:23 write more about because I have this belief and we've read about it in a bunch of different books
105. 00:09:26 that like writing is thinking. So like when I'm writing, I'm thinking out loud. And the reason why
106. 00:09:31 you saw me post so much last week was because I was at this conference and I'm like, well, I'm
107. 00:09:35 going to take notes anyhow. So I'm just going to take these notes from the sessions and I'm going
108. 00:09:38 to post those as like a live blog of this for the four people who might be interested in actually
109. 00:09:44 seeing this. But at a minimum, it creates an archive for me. And it creates an archive for
110. 00:09:49 anybody else who might find it and might get might go to it. So so yeah, like I said, I'm really,
111. 00:09:54 really jazzed about it. So thanks for letting me share. Thanks for giving me a couple minutes
112. 00:09:57 to share about it because I was really pumped. Yeah, for sure. The site looks good. I like it.
113. 00:10:01 Yeah. Thanks. Yeah. I don't remember the shout out to whoever created the theme. I don't remember
114. 00:10:06 where their GitHub page is, but it was a theme built into micro dot blog that I just customized
115. 00:10:12 the colors on because I didn't like the default colors of it. But I thought the theme was really,
116. 00:10:17 really like well done. It kind of has that retro the retro 80s kind of vibe to it, which I like
117. 00:10:23 and then I like colors. I like I like a lot of colors in my life. Awesome. Yeah. Ready to talk
118. 00:10:30 about it. Let's get to the book. All right. So today's book is the five types of wealth
119. 00:10:39 by Sahil Bloom. And the reason that I picked this one is because I like Sahil Bloom. I got to see
120. 00:10:47 him speak at crafting commerce must have been two years ago. Okay. And he said he shared a couple of
121. 00:10:57 his creative frameworks and some ideas around just how he creates at that point. He had a pretty
122. 00:11:04 big newsletter called the Curiosity Chronicle. He was in the process of writing a book and he
123. 00:11:09 was kind of sharing his thoughts for how he wanted all of this, all this stuff to feed the email
124. 00:11:18 list. And then ultimately the book sales, the book came out. It did really well. Is it this book?
125. 00:11:24 Was he writing this book? Okay. Yes. This is his only book as far as I'm aware. And the blurb
126. 00:11:29 on this one is by Tim Cook. So like he's well connected, shall we say? But one of the things
127. 00:11:36 from that craft and commerce conference that talk that really resonated with me was that
128. 00:11:40 everything that you create is downstream from something that you consume. So be intentional
129. 00:11:45 really about the things that you are consuming. I have shared different versions of that for many
130. 00:11:50 years. So right away when he said that, I was like, Oh, this guy's my people. Yeah. He's got an
131. 00:11:57 interesting story, which he sort of talks about in the beginning, but he is an ex athlete. He went
132. 00:12:04 to Stanford on a baseball scholarship, but then he had a shoulder injury. In fact, for a while,
133. 00:12:09 if he went to his, his Twitter slash X profile, I'm not sure if it still says this, I didn't check
134. 00:12:15 recently. But he's, you know, the little description about who he is, he's got a picture of him as a
135. 00:12:21 pitcher. And then he, he made a joke about how he wants through a pitch in the college world series
136. 00:12:27 that it's, he's still waiting for it to land. Because someone hit this big home run off of him
137. 00:12:33 or something. That's awesome. That's awesome. Yeah. And then, you know, he kind of left Stanford and
138. 00:12:39 was climbing the corporate ladder and then had this revelation about that's not really what I
139. 00:12:46 want my life to look like. And then this whole book is really a conversation about the different
140. 00:12:50 types of wealth. We'll get into all the specifics here about the outline for the show. And really,
141. 00:12:57 the way the book is is organized, there's a prologue. There's a section on designing your dream life
142. 00:13:03 with looks like five different chapters, if my mind note is correct. And then he gets into the
143. 00:13:09 five different types of wealth. So there's time wealth, that's one section social wealth, which is
144. 00:13:13 another section mental wealth, physical wealth, and then financial wealth before a very brief
145. 00:13:20 conclusion. It's a pretty long book. Each section kind of follows the same format. There's a big
146. 00:13:25 question at the beginning. There's kind of a story. There's the pillars. He's got a whole
147. 00:13:30 bunch of tactical things. And then a summary at the end. So I feel like this is a great
148. 00:13:38 reference book or it's structured as a great reference book. Like you could very easily go back
149. 00:13:42 and look at a bunch of this stuff. Your first initial thoughts of the book before we get into
150. 00:13:49 the specifics of it. Yeah. So my initial thoughts when I saw the categories, you know,
151. 00:13:54 times social, mental, physical, financial, right? I was like, okay, cool. Like he's hitting a well-rounded,
152. 00:14:00 you know, set of of these metrics. So I, there was some face value there, right? Like some
153. 00:14:07 face validity there in terms of the book. I did not know who this individual was at all,
154. 00:14:12 no experience with him prior to this. I assumed coming into it that is basically going to be
155. 00:14:19 the anti financial wealth book, right? Like the whole thing was going to be like, oh,
156. 00:14:23 everybody thinks wealth and finances. And I'm going to talk about all these other things that
157. 00:14:29 they should be that isn't just financial wealth. The last thing I'll say, you know, as we get,
158. 00:14:34 as we get started in it, it is a longer book. But my strong encouragement is if you pick up
159. 00:14:41 this book and you're going to read it, there's a section in there. Mike, is it the pillar section?
160. 00:14:47 Like what's the section where he gives you the ideas on how to like progress in each of the
161. 00:14:51 wealth categories? I can't remember what he calls it. It's probably, let's see, it might be
162. 00:14:57 different for each section. Let me look here. So for time wealth, for example, he's got the three
163. 00:15:05 pillars of time wealth, but that's not exactly it. Then he gets into like the time wealth guide,
164. 00:15:11 and there's a whole bunch of exercises. That's what it is. Yeah. So, okay. So like that when
165. 00:15:15 there's, I just jotted down all of the different exercises that he gives you, and then the page
166. 00:15:20 numbers, that stuff, most of it is not original. Those are things that you've heard of the places.
167. 00:15:24 Like in the time wealth guide, there's a thing on Eisenhower Matrix. He didn't come up with that,
168. 00:15:29 but he describes it and then links to it. And that's where I would say to somebody who says like,
169. 00:15:35 oh my gosh, this book is 380 some pages. I would say go into it, looking at least like the first
170. 00:15:42 couple parts of the time wealth thing. But when you get to that guide for success, that you can
171. 00:15:47 read with a much like lighter or lighter state. Like you can skim through those and say like,
172. 00:15:52 oh, I like that one. I've heard of that one. I like that one. And because I, when I was doing this,
173. 00:15:58 the chapters, sorry, the sections, I should say, you know, like the time wealth section,
174. 00:16:01 the social wealth section, they felt long, but like it's because of those last little sections.
175. 00:16:07 I was like, okay, we're hitting on a lot of stuff that I don't know if we need to hit on here.
176. 00:16:12 So this is not a knock. Like I think he did a really good job when you think about it from
177. 00:16:17 a somebody who might not know much about social wealth. Well, okay, that you've got clearly enough
178. 00:16:22 there, but somebody who's going to read this book from cover to cover might just feel like those
179. 00:16:27 sections are too long. And just take the last part of those and don't go as, I don't feel the need,
180. 00:16:33 I guess, if you if you will, to go as heavy into each of those, because some of those tips and
181. 00:16:38 guides will help you more than others. Some might resonate. You might actually know some of them.
182. 00:16:42 So I think that's my big start off thoughts on the book. Yeah, that's a good point. Like I said,
183. 00:16:49 it's really a reference guide. It's not the shortest, most concise version of presenting the information.
184. 00:16:56 It's what 350 pages roughly. And it could probably have been 250 if you really wanted to just crank
185. 00:17:06 out the information, but he presented it in a way that I feel like this is something that you'll go
186. 00:17:11 back and reference over and over and over again. And in fairness to him, he actually tells you
187. 00:17:16 that at the guide chapters, he's like, hey, you don't like do you want to read this? Just look at
188. 00:17:22 the ones that you care about and that you want to pay attention to it. Otherwise, just move on to
189. 00:17:26 the move on to the next one. And then the summaries that are at the end of every section, every major
190. 00:17:31 section, they are legitimate summaries. Like there is nothing new in those. They are 100% summaries
191. 00:17:38 of all the stuff he's talked about in the last, usually four chapters prior to that.
192. 00:17:43 Yeah, those messed up my outline. Because I've got the sections, I've got the chapters.
193. 00:17:49 And then whenever I get to one of those summaries, it's like, well, I took all these notes already.
194. 00:17:53 So that one is just hanging out there. It's the first time I've ever had a chapter node in my
195. 00:17:59 mind maps with no content underneath it. So all of mine are in obsidian as a hierarchy,
196. 00:18:06 I think. And I hit the toggle on those chapters. There's just nothing.
197. 00:18:09 Yeah, exactly. Which kind of bugs me. But if I didn't include those, you know, well,
198. 00:18:15 you're going from chapter nine to chapter 11, what was in chapter 10? I don't know.
199. 00:18:19 Summary of all the stuff we just talked about. Yeah. All right. So let's get into the meat of this.
200. 00:18:25 The first part is the prologue. And this is where he talks about the five different types of wealth
201. 00:18:34 and the relationship between them. So he mentions that the ideal future includes four things,
202. 00:18:39 time, people, purpose, and health. And then money is the enabler to those ends.
203. 00:18:44 So when you were saying your first impression was, this is a book that's really, hey, the
204. 00:18:49 financial wealth really isn't the thing. It's sort of that, but it's also not that. Like,
205. 00:18:54 he's well off. He's well connected to people who are well off. And I don't think he hides from that.
206. 00:19:01 He talks about how financial wealth is important because it's going to present you different options.
207. 00:19:06 But he's also very clear in his message, which is that you shouldn't prioritize that above
208. 00:19:11 everything else, which is sort of the default. And then he shares at the beginning of this,
209. 00:19:16 which is maybe one of the best introductions to a book of all time, The Math That Broke Me,
210. 00:19:24 where he was having a got together with one of his friends and they were talking about,
211. 00:19:30 you know, how old their parents were and his friend kind of asked him how often he saw his
212. 00:19:36 parents who at the time they were in their mid 60s. And he made this statement and he's like,
213. 00:19:41 okay, so you see him once a year, you're going to see your parents 15 more times. And so he was
214. 00:19:46 kind of shook by that and he's like, that's not okay. So that's sort of the catalyst,
215. 00:19:53 not the only thing, but that started the whole process. And then eventually they moved from
216. 00:19:58 California to the East Coast somewhere so they could be close to their parents and see them
217. 00:20:04 more often. And I think that is a really powerful way to open the book. And I've got my own kind
218. 00:20:13 of version of that, which I'll talk about actually in. Let's see where would I grab that note. I think
219. 00:20:20 it was in the time wealth section. But yeah, I mean, the one thing you can't get back is time,
220. 00:20:30 right? So I mean, that makes sense that that'd be the first one. But anyways, this is still the
221. 00:20:35 prologue that you thought was on this section. That was a terribly and when I say terrible,
222. 00:20:41 I mean, like not good, like made me not feel great way to to start off the book. And it was
223. 00:20:47 effective, like it was super effective. But I mean, I'm somebody who lives two thirds of the way
224. 00:20:52 across the country from, you know, most of my immediate, immediate family, right? Like, so,
225. 00:20:59 you know, that one hit hard. I like that he, you had said about the financial wealth thing,
226. 00:21:04 we're going to get to it at the very, you know, later, much later in the book where he talks about
227. 00:21:08 what is enough, and like, where is this idea of enough? And I really like how he ties those
228. 00:21:12 things together. Like, I think he does a really good job with that. He doesn't do it in the
229. 00:21:15 prologue, but how he comes back to it and he ties it together later. The little quip that he throws
230. 00:21:22 out there, right scoreboard, right actions. Yeah, man, like that, that's going to stick with me.
231. 00:21:26 It's like, am I, am I looking at the right things? Do I care about the right things?
232. 00:21:30 Because my actions will, will drive that. And I think there's more times than I care to admit
233. 00:21:35 where I'm looking at the wrong scoreboard. Like, and I just, I need to reevaluate. I need to,
234. 00:21:40 to readjust those things. So, overall, I mean, I thought he did a good job setting the stage for,
235. 00:21:47 for moving into the different areas. Yeah, and actually looking at the outline,
236. 00:21:51 maybe I should just mention this, this piece here, because there's certainly
237. 00:21:55 plenty of other stuff to unpack when we get to the time wall section. But that how many more
238. 00:21:59 times will you see your parents? That hit me as well, though, in a separate event prior to
239. 00:22:07 reading this, this book, because my dad, maybe about a year, year ago, maybe a year and a half,
240. 00:22:16 was diagnosed with lung cancer, stage four lung cancer in both lungs. So pretty serious. And he's
241. 00:22:23 doing great. It's not like, you know, he's only got months to live or anything like that. He's
242. 00:22:30 responding very well to the treatment. He got into a great program. And he can basically just
243. 00:22:37 kind of live his life like he normally would. He's 70 something and he's riding his bike, you know,
244. 00:22:44 every day and stuff like that. Like he's, he's healthy. But you know, you get a diagnosis like
245. 00:22:49 that and it forces you to, to think about things. And he would be the first to tell you that it's
246. 00:22:56 caused him to think differently about about his life. He's a business owner and a self-made man.
247. 00:23:03 And, you know, for a long time, I worked with the family business. So I saw it firsthand. You know,
248. 00:23:09 he, he worked very hard on the, the business. And he's been successful with that. I think at this
249. 00:23:17 point, you would probably say maybe, you know, I focused on that a little bit too much. But, you
250. 00:23:22 know, you can't go backwards. So right before that happened, though, I had reached out to my dad.
251. 00:23:31 And just asked him if you would start meeting regularly for coffee on like Friday mornings.
252. 00:23:37 So we had done that, you know, I think a couple of times before the cancer diagnosis. And so
253. 00:23:42 when we got the cancer diagnosis, I didn't have that feeling of like, Oh my gosh, I better change
254. 00:23:47 everything that I'm doing and prioritize this. I was already started moving in that direction.
255. 00:23:51 And it immediately made me more thankful. And you know, they're in, they're in Florida currently.
256. 00:23:57 So there, there's no words. They go down there every, every winter. We went down to visit them,
257. 00:24:02 but haven't had had the chance to get together for coffee regularly lately. They come back this,
258. 00:24:07 this week. So I'm looking forward to, to doing that again. And all that to say, you know, if you
259. 00:24:13 have the opportunity to do that sort of thing, do it. Because you don't know when your life could
260. 00:24:19 change forever. And even if you can't physically meet up for coffee, you could still call your
261. 00:24:25 parents, do a zoom call, FaceTime, whatever. Don't put off that, that sort of stuff.
262. 00:24:31 I agree. I could not agree with you more.
263. 00:24:34 So that's the, the foundation upon which we're going to talk about the five different types
264. 00:24:40 of wealth. Yeah. Now the, the next section is designing your dream life. And we've gone through
265. 00:24:48 books that have talked about this concept in different ways. I'm not sure I have a whole lot
266. 00:24:56 to talk about from here, other than the quiz that he put together. Did you end up doing the quiz?
267. 00:25:03 I did not do the quiz. I read through the quiz questions, but I didn't do them. And I actually
268. 00:25:08 don't even want to make them an action item. So not another, there's nothing wrong with them. I
269. 00:25:13 just am not committing to that. Okay. Interesting. Yeah. Did you, did you do them?
270. 00:25:18 I did. Okay. Yeah. I can, I can share my results. So first of all, let me just say,
271. 00:25:24 with the family business, my dad has a master's in assessment. So I have a little bit of a bias
272. 00:25:31 whenever I see these like online quizzes, because a true assessment with the research that goes into
273. 00:25:37 it is way more valuable than some stupid quiz that somebody pieced together online. That being
274. 00:25:45 said, you can get value from a well put together quiz. And I can tell you his quiz is really well
275. 00:25:52 put together. Okay. All right. That's good. So the types of questions that he asks, they're not
276. 00:25:57 random questions. In fact, when you get to the, the sections for the five different types of wealth,
277. 00:26:03 then you're talking about the, the strategies that like the time wealth guide, each one of those
278. 00:26:11 has a specific pillar that it addresses. And the pillars are linked to the questions that he asks.
279. 00:26:18 So they're very intentional. I think there's like five or six questions for each, each area. And
280. 00:26:23 then kind of like you'd expect to get this little pie graph and it gives you the rating
281. 00:26:26 from the outs from the middle out for the five different areas. And then an overall, an overall
282. 00:26:33 rating on the scale of zero to 100. And then some suggestions for maybe you want to improve
283. 00:26:41 this this area and link to buy the book, obviously. So I think this is a number one, a really cool
284. 00:26:48 like lead magnet. I'm fascinated. I'm fascinated with this from the perspective of, you know,
285. 00:26:53 she's trying to use this to sell more books. And I've thought about, you know, what is the practical
286. 00:26:57 PKM version of this look like for life HQ or something like that. I put together that kind of
287. 00:27:02 stuff before for the sweet setup. So I just kind of wanted to know how it worked. But then once I
288. 00:27:07 got the results, I'm like, actually, this is really great. I can like this is, this is probably the
289. 00:27:13 best quiz I have seen that was not a true assessment. So yeah, my results were for time 15 for social
290. 00:27:22 14, mental 19. That's the one I think I have a little bit of trouble with, because when I think
291. 00:27:28 I'm mental, I think of sort of like emotional state. And I know that I'm not near the top of my
292. 00:27:33 emotional state. Okay, currently. But that's more it's sort of linked to like your purpose in your
293. 00:27:38 vision. So that makes sense that that why that one's higher than physical is 15 financial is seven.
294. 00:27:44 So there's like colors for each of these three of them are green, one of them is yellow, one of
295. 00:27:48 them is red. And yeah, I think this is a this is a pretty cool quiz. I would recommend that people
296. 00:27:54 people take it. It's not very long. And it might just be be insightful at worst, you know, you wasted
297. 00:28:01 five minutes of your time to take this thing. So I'll put a link to this in the the show notes for
298. 00:28:05 people. All right, all right, I'm gonna add it as an action item. You've sold me. It wasn't that
299. 00:28:11 it wasn't that hard. But when you said it's not it doesn't take that long. I'm like, okay, I can
300. 00:28:14 probably do that. Yeah, anything else from the designing your dream life section that you want
301. 00:28:20 to talk about? The one thing I I did want to talk about is this idea of this life razor.
302. 00:28:28 And you know, he refers to as the single point of focus that allows you to cut through the noise,
303. 00:28:32 maintain perspective and balance, make decisions that are in line with your core identity,
304. 00:28:36 positive, create positive rippling effects. This is in my mind, your life theme, right? Like,
305. 00:28:42 it's a very, very similar thing, right? It's that thing that focuses you. It's the thing that,
306. 00:28:47 you know, allows you to basically help make decisions, right? It's the guiding,
307. 00:28:52 the guiding thing. I think he structures this really, really well with, you know, he's talking
308. 00:28:58 about, you know, earlier that, you know, let me tell you about these five different types of wealth.
309. 00:29:02 Then let me tell you about like how you can actually focus in on these through this idea of
310. 00:29:08 the life razor or the life theme or whatever you will, and then basically like let that be your true
311. 00:29:12 north. The second piece that I thought was was interesting out here that you don't often think
312. 00:29:17 about it like that way, but it's the idea of like invert, always invert, which we saw in Munger's
313. 00:29:22 book or the book about Munger with these anti goals, right? It's like, okay, think about your goals,
314. 00:29:28 which I know you don't, you don't love goals. But okay, like think about your goals. But then
315. 00:29:32 think about like the anti ones too. Like what are the, what is the version of this that I don't
316. 00:29:36 want to happen as I'm trying to, as I'm trying to work through here? And are there, are there ways
317. 00:29:43 that I can design life, design my habits in a way that I don't end up working into those,
318. 00:29:50 into those anti goals? And I just think it's a really kind of a powerful way to think about it is
319. 00:29:55 the, flip it on its head, invert it and look at it that way. So yeah, I do like the anti goals as
320. 00:30:02 well. And I agree that the life razor has a lot of similarity to the, the idea of a life theme.
321. 00:30:07 I actually like the term razor. He mentions that razor is any principle that allows you to quickly
322. 00:30:10 remove unlikely explanations or avoid unnecessary steps. So totally cool to just refer to it as a
323. 00:30:15 life razor from this point forward. But yeah, that's, that's really cool. I'm the type of person who
324. 00:30:21 and then fill in the blank. And then the true north part, there's a lot of overlap here with
325. 00:30:26 like the quarterly reflection, monthly reflection with like the personal retreat stuff that I do.
326. 00:30:30 So just a different flavor of this sort of thing. But yeah, again, prove that Saheel Bloom is my
327. 00:30:34 people. Yeah, I couldn't agree more. Like there was, there was a lot of this that I was like, oh yeah,
328. 00:30:40 like, there's alignment there, there's alignment, there's alignment there. And there's different
329. 00:30:43 flavors and different ways to kind of approach it and look at it. So I'm ready to go to time wealth
330. 00:30:49 if you are. All right. Yeah, let's do it. So the first official section, I guess, when you get to
331. 00:30:57 the types of wealth anyways, is time wealth. And this is wealth with your time. I got what other
332. 00:31:06 definition do we need for this? I will say that he's got some visualization of some data here,
333. 00:31:13 which is pretty cool. Did you go to the source that our world in data.org that I've been to.
334. 00:31:23 I've been to our world in data before for like different projects that we do, like data visualization
335. 00:31:27 projects and different things like that. So I didn't go to it on on this one, though. Okay, so I had
336. 00:31:32 never been to this website before. And going to the so basically what he did is he went to this
337. 00:31:38 website. He took this data and then he created his own charts out of it. On the website, they
338. 00:31:45 actually combine all of these things together with different colors. So it's a little bit of a
339. 00:31:49 different visualization for this sort of thing. But it really got me thinking, you know, how could I
340. 00:31:55 use this data for my own projects? That being said, he has six different graphs that he shares,
341. 00:32:05 which this is really the majority of this section, in my opinion, time spent with family,
342. 00:32:12 which knows pretty high. And then as you get older, it gets gets down, keeps going down and then kind
343. 00:32:19 of like levels off for a while, this time spent with children, which goes way up and then way down.
344. 00:32:24 There's time spent with friends, which goes up and then down and then up a little bit at the end
345. 00:32:28 for down time spent with partner, which goes up until the very end when it drops precipitously.
346. 00:32:34 And then times time spent with coworkers, which is pretty high until you retire,
347. 00:32:37 then it goes way down. And then time spent alone, which goes, it just kind of keeps creeping upward.
348. 00:32:45 Now I'm an introvert. So the time spent alone, my first thought was, well, that doesn't seem so bad.
349. 00:32:51 But then like even as an introvert, I understand clearly the message that is being sent here,
350. 00:33:00 which is whatever season you happen to be in, you have time that you are spending with certain
351. 00:33:09 types of people at a level, which is not going to be the same forever. So really, it's kind of
352. 00:33:17 linked to like the idea of Memento Mori. Remember, you're going to die. You're going to continually
353. 00:33:23 spend more and more time alone, which even as an introvert, you have, I recognize that other people
354. 00:33:29 are extremely valuable. And like, they are the reason for productivity, Chris Bailey said.
355. 00:33:36 Yeah, you can, you can say it a bunch of different ways. But but really, people are the main thing.
356. 00:33:40 And don't take them for granted, whether they are your kids, whether they are your friends,
357. 00:33:46 whether it's your significant other, like, don't just get so focused on, well, let's get through
358. 00:33:51 this thing. And let's get to the next thing, because you keep doing that. And then eventually,
359. 00:33:54 you're going to get to the point where you wish you were back where you were right now.
360. 00:33:58 Yeah, I mean, he hits the nail on the head with, I think, the ways this can go wrong. And then like,
361. 00:34:06 just, you know, he's kind of just shining a spotlight on like, have you even thought critically about
362. 00:34:11 it? Like, most of us just get into this routine and we just start doing these things. And it starts
363. 00:34:15 when we're, you know, in our teens or twenties, right, like late teens or twenties, and we come
364. 00:34:20 out and we just start doing things. And next thing you know, we haven't stopped doing any of those
365. 00:34:25 things, or maybe we've even increased those things. And now we've got all these other responsibilities,
366. 00:34:30 or all these other relationships, or all these other things that are that we should be thinking
367. 00:34:33 about. But are we actually stopping to think about those? Or are we just trying to fit them in
368. 00:34:38 in the pockets of time? He has some really, really practical tools and advice here in this section.
369. 00:34:47 So like, one is like, look at your calendar and identify it as, you know, red green. Is that
370. 00:34:52 a moment's positive that's in this section, isn't it? Is this the red green? Yeah, let's see. So if
371. 00:34:57 you want to just like talk through the different, the different things that are listed there,
372. 00:35:03 there's the time wealth, hard reset, the energy calendar, that's probably the one that you're
373. 00:35:07 talking about. That's what I'm talking about. The two list exercise, the Eisenhower matrix,
374. 00:35:10 the index card to do system Parkinson's law, the anti procrastination system,
375. 00:35:15 the flow state boot up sequence, effective delegation, the art of no, the four types of
376. 00:35:19 professional time, and then the energy creators. And obviously we're not going to talk about all
377. 00:35:23 of those, but that's the type of thing that is in each one of these sections. And so this is really
378. 00:35:27 valuable, this, this time wealth guide that he shares. Yeah. And like one of these is that,
379. 00:35:33 that you take your week, your calendar, and you reflect on it, and you go, was that energy
380. 00:35:38 creating was that neutral? Or was that energy draining? And you, and you color code those.
381. 00:35:42 And I don't know, Mike, if you've done many like heat map type things, because that's what he's
382. 00:35:46 describing here is you're basically creating a heat map for the week. Heat maps are very,
383. 00:35:50 very meaningful to me, right? Like if I, if I do that heat map, and I look at that and I'm like,
384. 00:35:54 Oh man, there is a ton of red. Like, did I even realize that most of the things I'm involved in
385. 00:36:01 are these energy draining activities? And that's why I get to Thursday night, and I'm absolutely
386. 00:36:06 exhausted, right? Like I'm absolutely exhausted. Or this week, it was like mostly green. And like,
387. 00:36:12 that's why, hey, I'm like, you know, doing doing great. But I don't do that regularly. I don't,
388. 00:36:17 I don't think about that regularly. So like that was a really valuable thing to think through,
389. 00:36:22 how can you incorporate that in like your weekly routine or your monthly routine or your retreat
390. 00:36:27 or whatever it might be. But like, even his three pillars, right? Awareness, attention, and control.
391. 00:36:31 I think he hits on three really good pillars there. It's like, am I even aware about time?
392. 00:36:37 Am I even thinking about it? Because like I said, I don't think many of us are,
393. 00:36:40 or at least a lot of people aren't, they just got into that groove. They've been running that
394. 00:36:43 groove and trying to add things in. And then like, are there's the whole section, which we've
395. 00:36:49 talked about in a bunch of other places, but it's like, am I focused on the right things?
396. 00:36:53 Like, am I actually putting the right amount of attention on the right things? Because that's
397. 00:36:58 where I'll have the most value. That's where I'll provide the most value. That's where I'll get the
398. 00:37:04 most out of the things that I'm doing. And I just think it's a really good framework on.
399. 00:37:11 And then the last one, control, just around this out, right? Like, can I make those choices
400. 00:37:16 for what I want to do? Can I make the choices to put the time on the attention on the things
401. 00:37:19 that I want to do? And I don't think we realize how powerful it is when we can. Like, oh, today,
402. 00:37:25 I'm going to work on this thing, because I'm really passionate about this thing. And it's going
403. 00:37:28 to provide the value that I want it to provide. Or today, am I just going to go up and show up to
404. 00:37:34 work? And whatever comes into my email box, I'm just going to work on those things to come into my
405. 00:37:37 email box. And I don't control any of those things. So it's like, I guess what I'm trying to say is,
406. 00:37:42 I'm trying to say is like, I think he does a really, really good job at like covering a broad
407. 00:37:48 landscape of things, but then giving you very actionable items to move forward with.
408. 00:37:54 Yeah, I completely agree. I mean, there's probably a book just in this first section to be honest.
409. 00:38:01 There's some really powerful stuff here, and just some examples of the types of things that he
410. 00:38:07 hits on, which I've heard referenced in other books before, but kind of not in the same way.
411. 00:38:15 He talks about the, he talks about Metamori, actually, in chapter seven, a brief history of time,
412. 00:38:22 talks about the Red Queen effect, where we have to constantly run faster just to stay where we are.
413. 00:38:29 He talks about attention residue, which is something that I've picked up on. Like that research I
414. 00:38:36 heard referenced a long time ago, but he added some additional details here about how it's becoming
415. 00:38:42 even more prominent in the modern digital world. He has this like journey with time where it goes
416. 00:38:48 from worship to measurement to understanding to this desire for control, which feeds very
417. 00:38:52 cleanly into like the three pillars of time well. And there's one phrase in here in particular that
418. 00:38:58 really struck me that when you are young, you are a time billionaire. Sadly, that's not the case
419. 00:39:04 for me anymore, but when you are young, you've got billions of seconds basically left in your normal
420. 00:39:11 lifespan. And as you get older, you're going to wish that you had that time back. And so when you're
421. 00:39:17 young, you typically are focused on all the things that you don't have and trying to accumulate the
422. 00:39:23 financial wealth. So very effective succinct way of kind of refocusing the situation,
423. 00:39:30 which, you know, that's kind of the pattern for the rest of the book. Anything else in this
424. 00:39:35 section before we go to the next one? No, I'm good. All right. So the next section is social wealth.
425. 00:39:42 And this one is about your relationships. The big question that he asks at the beginning of this
426. 00:39:50 one is the one that really kind of resonated with me. I have an action item associated with this.
427. 00:39:58 So the big question, you know, he frames these big questions usually in the form of a story.
428. 00:40:03 Some of them are just, you know, that's kind of an interesting way to think about this. But this
429. 00:40:06 one really hit me, you know, imagine you're sitting at your own funeral. He asked the question,
430. 00:40:13 who is sitting in the front row? Who is there to share their respects? And my action item is to
431. 00:40:21 to find my front row people. So I'll probably just make a list of these. You know, who do I,
432. 00:40:27 who do I really want to be there? And then the takeaway from that is, okay, so if those are the
433. 00:40:32 people that you consider to be your front row people, you really have to invest in those those
434. 00:40:37 relationships. Yeah, I mean, I, like, I like, I guess one of the things I want to ask you, Mike,
435. 00:40:45 is like, so he does the three pillars, and he does three pillars in each, in each zone.
436. 00:40:51 Sometimes the whole like 333, like, you know, like the format feels, feels forced. Did you get a
437. 00:40:57 feeling like the format was forced? And like the three in any of these given categories was like,
438. 00:41:03 well, I don't know, like, I think you, I think you stretched it too much on that one.
439. 00:41:10 I did have that thought, but I don't know that I thought it with this section. So the three pillars
440. 00:41:18 that he talks about here, where you got depth, you got breadth, and then you've got earned status.
441. 00:41:25 I think, you know, when I first read, you know, depth and breadth, maybe I was like, okay,
442. 00:41:30 so I see where we're going here. But then when he defines them, like, it makes perfect sense.
443. 00:41:36 Yes. So I don't know. It didn't, I didn't get hung up on that, I guess.
444. 00:41:41 Yeah. So like, this was one of the areas where I felt like the, the, the one of the third pillars
445. 00:41:47 was a little forced, and it was that idea of earned status. Right. And I understand what he's
446. 00:41:52 going for here. Like, I understand why he did it. But I just, there was something about it that I
447. 00:41:58 was just like, I don't know. And I can't articulate it perfectly. But there's something about that,
448. 00:42:02 the earned status one. And he would say it's the last thing, respect, admiration, and trust of your
449. 00:42:06 peers that you receive on the basis of earned, not acquired status symbols. And I think, I think,
450. 00:42:11 maybe as I'm trying to process out loud with this one is, I just think he might elevate it too high,
451. 00:42:17 that like more people are pushing for that, you know, status symbol type lifestyle.
452. 00:42:24 But maybe I'm wrong. Like it, maybe I just don't, I don't feel like I run in those circles. I was
453. 00:42:29 totally good on depth. I was totally good on breadth, because I think those are really, really
454. 00:42:32 important when we're talking about our social and our relationship, um, wealth. It's just that
455. 00:42:38 earned status one just felt a little bit forced. That's why I asked the question. So well, maybe,
456. 00:42:42 but I like the definition that he has for bot status versus earned status, where the improved
457. 00:42:48 social position and garner through acquiring status symbols, that's bot status. That's kind of the
458. 00:42:53 superficial one. The earned status, the real respect, admiration, and trust received through
459. 00:42:56 hard one treasures. Really, this is just the time that you're investing with specific people.
460. 00:43:01 So I guess I had to get to the point where the earned status really, I want to have earned status
461. 00:43:08 with my kids, with my wife, with a couple of people, not, you know, the famous people.
462. 00:43:15 So once I got that, I'm like, okay, yeah, that makes sense. And then really, this is all kind of
463. 00:43:20 given context back in chapter 12, where the key to healthy aging is these relationships.
464. 00:43:26 It's not relationships with people who have achieved a certain level of status in society,
465. 00:43:32 but just really how strong are your relationships? And so, uh, I don't know, I can see how you get
466. 00:43:40 there, but I didn't, I didn't have that issue. Yeah, understood, understood. Like, I, I always
467. 00:43:46 question myself. Anytime somebody does the repeating pattern of, like, I always run the risk of,
468. 00:43:51 or I, not to run the risk, but I always ask myself, hey, are there really three there? Or were you
469. 00:43:58 just fitting a formula because you felt like you needed to fit the formula? So I'm like overly
470. 00:44:02 sensitive to that, if that makes sense, right? Um, did we really need all three? Could have
471. 00:44:06 there been a fourth one? And I'm always trying to think, think through that. So, um, I just thought
472. 00:44:10 that was an interesting idea. Um, the, there's a couple different things that come out of this
473. 00:44:16 that, um, that I think are worth talking about, but he makes a statement in here that, um,
474. 00:44:23 one of the Reddit user, right? Like just a random Reddit user says 20 years from now,
475. 00:44:27 the only person who will remember that you worked late are your kids. Yeah. And I was like,
476. 00:44:30 dang, like that's, that's brutal. Like, but it's, it's so honest, right? I think I think that's the,
477. 00:44:35 that's the reality. And then, um, I really liked how he tied it into, uh, the Harvard study,
478. 00:44:42 and how, you know, he, he grounded it. Like you said with this idea of this, I don't know,
479. 00:44:48 I don't know if you feel this way or not. Like, but I think this might be the most important one,
480. 00:44:53 like of the, of the social or of the wealth things that we're going to talk about, all of them are
481. 00:44:57 important. Yep. I agree. All of them are important, but like from a life standpoint,
482. 00:45:03 because I think it touches all of these other pieces, like my social ties into time, my social
483. 00:45:09 ties into financial wealth, my social ties into mental wealth, my social ties into physical,
484. 00:45:13 or it can, like if I'm doing it right, like it can tie into all those things. So I have the most
485. 00:45:19 notes on social wealth, um, because I got the most out of it. I think whether it was because I was
486. 00:45:25 biased to it and it resonated with me early, or because like I just really thought he was making
487. 00:45:29 some good points there, but it all hinges on that Harvard study and that like happiness and or
488. 00:45:35 physical health and or fulfillment, whatever came, all came from the social, the social wealth
489. 00:45:40 aspect. Yeah. So that's an interesting point. And I think if I'm going to take a spiky point of view,
490. 00:45:46 the way that he presents them is actually a bit of a hierarchy. Okay. So the place you got to start
491. 00:45:54 is with time wealth. And that's really with a lot of like productivity advice. And the entry level
492. 00:46:00 productivity advice is I get more efficient and then you fill that space with more work tasks.
493. 00:46:07 And I think most people fall into that, that trap when they first start applying this productivity
494. 00:46:13 advice. But really, uh, true productivity is about being more intentional. What are you being
495. 00:46:19 intentional with? That's where the relationships come in. Right. So you're saying he would say,
496. 00:46:26 not get more efficient, but you know what I mean? Like free up more space so you can then pour
497. 00:46:30 them into relationships. Like you're saying he's doing that on purpose. I never, I never thought
498. 00:46:34 of that. I don't know that he's saying this because he explicitly say it's like there's these four
499. 00:46:38 types of wealth and then financial sort of thing that supports them all. I'm saying if I'm going to
500. 00:46:43 take these five, which I agree with, I might add a spiritual one at the very top or the most important
501. 00:46:49 one. But you know, having that as the filter, you know, spending your time or intentionally,
502. 00:46:54 what are you spending it on? Relationships. That's a social one. As you do that, that helps with your
503. 00:47:01 mental wealth. Right. And then that translates into the physical wealth. Like you have to be in
504. 00:47:07 the right place mentally before you get to the right place, uh, physically. And then the lowest
505. 00:47:12 level of this is the financial one, which, you know, money comes and goes. Um, that's my, you know,
506. 00:47:20 totally my opinion, but that's how I see these, these connecting. You know, I think you can very
507. 00:47:26 easily, I guess, create a prioritized list. Um, and time is, is the one where you, you got to start
508. 00:47:33 without that, you know, nothing else really matters. Nothing else really possible, I should say.
509. 00:47:39 See, and I didn't make that connection there. And I really like that. Like that, that resonates
510. 00:47:44 really well with me. Nice. Um, yeah, anything else from the section, otherwise we can move on to the
511. 00:47:51 next one here. Okay. Yep. I'm ready to go to mental. All right. So the next one, as you alluded to,
512. 00:47:56 is mental wealth. And this is maybe not what you think it, think it is. Um, because as I mentioned,
513. 00:48:04 when we were talking about my quiz results, I kind of thought that mental wealth, this is sort of like
514. 00:48:09 your emotional state. And maybe there is a little bit of mention of some of that stuff. And he talks
515. 00:48:15 about mindfulness and journaling and all that kind of stuff. But really what he's talking about here
516. 00:48:22 is, uh, your, your purpose, your vision. In fact, the three pillars are purpose, growth, and space.
517. 00:48:29 Um, I really like the description here of Ikigai. Ikigai is something that I've been fascinated with.
518. 00:48:37 Like that concept is a, I actually use that in the life theme cohort, like to help people kind of
519. 00:48:41 grok what, what is the, the life theme do? Um, because that's, that's a model that's pretty, uh,
520. 00:48:47 pretty approachable. But I like how he takes the standard Ikigai Venn diagram and completely
521. 00:48:53 removes the professional part from it. Yeah. When I, because I actually, uh, finished this before
522. 00:49:00 Rachel did. So when I told her about that part, she's like, Oh, that's genius. Like, yeah, I know.
523. 00:49:07 So yeah, this is, this is a really cool, uh, really cool section. And it was actually kind
524. 00:49:13 of nice to see, you know, when I went into that, that quiz thinking that mental was actually going
525. 00:49:18 to be, uh, pretty low, a pretty low area for me. And then, and it ends up being the highest one,
526. 00:49:24 uh, just because, you know, it's the stuff that I've, I've thought about and I've sort of sort of
527. 00:49:27 dialed this in. But I, I, I, again, completely agree with him on the, the, the power of this sort of
528. 00:49:33 thing. Yeah. I think this is the, the wealth category that I didn't think he built as strong of a
529. 00:49:42 foundation on. Um, so like the other ones, I think he builds a really strong foundation in that first
530. 00:49:47 chapter. So essentially what he, what he'll do is, you know, he'll call out the mental wealth thing
531. 00:49:52 and then he'll, he'll build a foundation in the first chapter after he introduces the new topic
532. 00:49:57 or as he's introducing the new topic. And I, and this one's all about curiosity. And while I think
533. 00:50:03 curiosity is important and he links to a study where, you know, curiosity contributed, um,
534. 00:50:09 uh, by curiosity, contribute to main cognitive function, mental health, physical health, and age,
535. 00:50:13 right? Like he, like he links to all this stuff. And that, and that's all good. Fortune favors the
536. 00:50:17 curious or he's saying all of these things. But I, I don't think I agree with that. I think curiosity
537. 00:50:23 is important. I think it's essential. Like when you get to the idea of like fixed versus, um,
538. 00:50:31 growth mindset, which, you know, always gets brought up, right? And this idea of curiosity and those
539. 00:50:36 other things, I agree, growth change, development, like if we aren't thinking in that way, I think
540. 00:50:43 we're harming ourselves, uh, from a mental standpoint, because, you know, like bad things are going
541. 00:50:48 to happen and we got to grow from it. Like, you know, we've got to learn from different
542. 00:50:51 opportunities or we go into a situation where, you know, like if we're only doing the same thing,
543. 00:50:55 I think we, we plateau, uh, pretty, pretty quickly. So sorry, I'll get off my soapbox here in a second.
544. 00:51:00 But like, I think purpose, I resonate with more than curiosity. Now I think they're linked together.
545. 00:51:09 So I don't want to completely separate the two and say like there's no, there's nothing there.
546. 00:51:14 But I think, and like it comes out in his, his pillars where purpose is the number one pillar.
547. 00:51:19 And it's like, I know you have to be curious in order to figure out what your purpose is,
548. 00:51:23 but it's like once you nail that purpose, I think you drive, I mean, you just drive on there, you,
549. 00:51:28 you're open to the fact that your purpose might change in different seasons. So,
550. 00:51:32 okay, if you want to call that curiosity, yeah, sure. But I think like trying to continuously
551. 00:51:37 be curious with your purpose puts you on this like doubt, like this weird spiral of just like
552. 00:51:43 the iceberg never stopped shifting. All right. So soap, soapbox ended Mike rebuttal or if you
553. 00:51:50 don't have to, but it's like soap, soapbox ended. I just, I didn't like that he founded it on curiosity.
554. 00:51:55 I wanted him to find it on purpose. Interesting. Okay. So I understand your
555. 00:52:02 concern. I'm going to take the heels side here. Okay, good. And the reason being that you think
556. 00:52:08 about the purpose growth in space, I think again, these, these pillars are sequential.
557. 00:52:15 So you start with your purpose. That's the clarity of defining your unique vision and focus
558. 00:52:19 that creates meaning amongst short and long term decision making. It's really the unwillingness
559. 00:52:23 to live someone else's life. Okay. So you that that will change and evolve as you go. But
560. 00:52:32 you're not like changing your purpose every 90 days as part of your personal retreat.
561. 00:52:39 Then from there growth, that's the hunger to progress and change driven by an understanding
562. 00:52:44 of the dynamic potential of your intelligence ability and character. So that's the growth mindset
563. 00:52:51 stuff. Right. What's next? I don't really know I'm going to and curiosity shows up there.
564. 00:52:59 So really curiosity is is how this gets lived out. But then the last part space, the creation of
565. 00:53:05 stillness and solitude to think, reset, wrestle with questions and recharge the ability of willingness
566. 00:53:10 to listen to your inner voice. This is the thing that people miss so much. And this is why I have
567. 00:53:17 created a whole course on how to do a personal retreat, because you get so focused on the day
568. 00:53:22 to day. It's like, well, I I figured out my purpose a long time ago, and I just set it and
569. 00:53:28 forget it. And then I just work off of the task list, which is longer than the day whenever I get
570. 00:53:34 up. And I just crank out as many widgets as I can. Like, this is the problem. Okay. So are
571. 00:53:39 you trying to say that space is a way for me to be curious about my purpose and then to keep things
572. 00:53:44 yes. Yeah. See, I just I think you're I think you're making that connection way too strong. Like,
573. 00:53:49 I just don't think it's there. But go ahead. So well, I think curiosity shows up at each level
574. 00:53:54 of this. But I think I would agree with that. I think it's probably circular. So you start,
575. 00:54:00 you know, if I was creating slides for this, you got purpose, which is in at the beginning,
576. 00:54:05 okay? And then the arrow, you know, to the next thing is the growth. And then from there,
577. 00:54:10 you've got an arrow, which leads to the space. And then that space, you know, has the arrow back
578. 00:54:17 to the purpose. So it's cyclical. But I think if you were to try to summarize this in a single
579. 00:54:25 sentence for somebody, like, how do I get more mental wealth, be more curious? Like,
580. 00:54:30 that hits on all of these things. I think it's a good summary. Okay, now I maybe it's not the most
581. 00:54:37 effective way to encapsulate everything that's that's here. But again, you know, like, this is my
582. 00:54:43 highest score on the quiz. This is the area I feel like I've dialed in the most. So I actually,
583. 00:54:49 I actually do think I agree with him on this. I don't know that I would have summarized it the
584. 00:54:54 same way. But I had no issues with him saying that curiosity is the foundation of a life of mental
585. 00:55:00 wealth. If you're going to point to one thing to someone who did not take the quiz and you're
586. 00:55:04 asking yourself, do I have mental wealth? Like, as he defines it here, or like, how do I locate
587. 00:55:10 myself? Well, do you have the space to chase your curiosity? You don't have to get any more
588. 00:55:18 specific than that. It's just, you know, the the things that you're interested in, the things that
589. 00:55:23 resonate, not, you know, the things that are connected to your life purpose and how do you
590. 00:55:27 live that out? But just like a very simple measuring stick for people. Oh, yeah, actually,
591. 00:55:32 you know what? I don't have a whole lot of curiosity in my life. I'm just cranking out
592. 00:55:38 tasks from sun up to sundown. And I don't really think about them. And then I go do all the things,
593. 00:55:43 you know, at at home, and then I fall in bed exhausted and I get up the next morning and I,
594. 00:55:48 I do it again. If you actually think through all this stuff, and again, I've got it maybe a different
595. 00:55:55 version of how would apply this, you know, he has his modified version of Ikigai. But that's kind of
596. 00:56:00 the, the foundation of everything else. If you have that as context, I think it is fair to
597. 00:56:08 summarize like, Hey, you need to be more curious. And I think Mike, this is an area we're going to
598. 00:56:14 have to agree to disagree. I get what you're saying, like I understand, and I like your little
599. 00:56:23 diagram, right? I think your diagram has a lot of a lot of value. I went back, you said like the
600. 00:56:28 way he defines mental wealth to live according to our own purpose, to believe in our own ability
601. 00:56:32 to grow change, learn and develop and to find your definition of peace, calm and solitude in the
602. 00:56:37 fast moving world. And what I will tell you is when I read that definition, the first thing that
603. 00:56:43 comes to my mind is not curiosity. Right. So like it just really, okay, so I got to push back on
604. 00:56:50 that a little bit. This is going to be a fun podcast people listen to, I guess. If you don't
605. 00:56:54 have curiosity. Oh, I'm not saying curiosity is not important. I'm saying the first thing I think
606. 00:56:59 about is not curiosity. Yeah. So it is the first thing that I think about because if you don't have
607. 00:57:03 it, you are just showing up and working off of your lit your list, which is probably given to you
608. 00:57:09 by somebody else in a position higher than you and you just crank out the the lemon widgets,
609. 00:57:15 right? You don't even think about this stuff. You have to have curiosity. Curiosity is sort of linked
610. 00:57:20 to what's the term. I guess it would be like self determination. You know, the the belief that
611. 00:57:29 you don't just have to keep going on your your current path. You will keep going on your current
612. 00:57:35 path unless you are curious and then you start looking around, you're like, Hey, what's what's
613. 00:57:40 over there? Let's go check that thing out. Let's go try these other things. Like the I have this
614. 00:57:47 very vivid picture of what a life with no curiosity looks like and then a life with curiosity and
615. 00:57:54 the life with curiosity is exactly what he's describing here in the mental health section,
616. 00:57:59 at least to me. Okay. Can I can I tell you what mine is? Sure. I mean, like, is that is that I don't
617. 00:58:04 want to go too long on this, right? So I want to make sure that we don't like, you know, it's not
618. 00:58:07 Corey's Corey's, you know, whatever hour so mental health hour. I think the better word and I'm coming
619. 00:58:15 up with this on the fly, right? So I have not been able to like really critically think about this.
620. 00:58:20 A better word for me would be like direction, true north, something along those lines, right?
621. 00:58:26 And here's why I think that. Okay. So purpose, right? Like, what's my purpose? My purpose is
622. 00:58:31 going to be guided by my direction, guided by my compass, guided by now that doesn't mean I can't
623. 00:58:36 be curious within that. I can 100% be curious within that, but it's going to be in line with
624. 00:58:42 that direction. Now, it's, and am I going to have to figure out what that direction is? Yes,
625. 00:58:48 I will have to figure out what that direction is. Like fully acknowledge what I'll figure that out.
626. 00:58:52 But then I think about like growth. Well, I want to grow in a direction. So like, therefore,
627. 00:58:58 I need to grow in a certain way or else I'm growing just like willy nilly, like all over the place,
628. 00:59:02 like it's just like all over. So do I have to be curious to figure out how to grow in that direction?
629. 00:59:07 Yes, I do. But the driver is the direction, not the curiosity, the driver is the direction,
630. 00:59:12 not the curiosity is a tool to grow in that direction. Okay, hold on. Let me, let me, let me make it
631. 00:59:17 through. Because I know if y'all if y'all are seeing the video, Mike has, Mike has moved to the
632. 00:59:22 edge of his seat and he is ready to pounce through the zoom screen. So he's trying to have a question
633. 00:59:27 for you. Go ahead. Okay, so what happens then when you hit a wall? Like, hold on. So in what area
634. 00:59:35 that doesn't matter. You've got your, you've got your purpose, you've got your direction,
635. 00:59:38 you've got your compass, I'm going this way. And now there's a great big lake. What are you going
636. 00:59:42 to do? Well, I think I will have to reflect on what that means, right? Because it might mean a
637. 00:59:51 bunch of different things, right? So will I have to be curious? Yes. But I'm curious about the
638. 00:59:56 direction, like again, direction or true north inner, it is my driver. The curiosity is like,
639. 01:00:03 so imagine, okay, imagine this, right? You've got the duck. I don't know if you know this analogy
640. 01:00:07 or not, but you got the duck and the duck is floating on the pond and the duck is going going and
641. 01:00:11 underneath the water, like the duck's feet are just going like a mile a minute, right? The curiosity
642. 01:00:16 is the duck's feet go in a mile a minute, right? But the eyes and the vision, that's the direction,
643. 01:00:22 right? Like, that's the thing that's driving the duck. And I think from a mental well standpoint,
644. 01:00:28 the eyes and the vision are more powerful than the curiosity feet, but I think both are necessary.
645. 01:00:35 Okay, so to torture this analogy further, I think the feet are the growth, the desire to continually
646. 01:00:42 keep going and keep growing. And then the curiosity is the vision. Like, where am I actually going?
647. 01:00:48 Oh, yeah. And be more in the change direction. I guess the thing that triggers curiosity as a
648. 01:00:54 higher priority for me is just the frequency of having to revisit that purpose or direction.
649. 01:01:02 From someone who puts it under the microscope every 90 days as part of the personal retreat,
650. 01:01:07 you know, I feel like that is way more important than most people realize. And I think I can get
651. 01:01:14 on board with Seheel saying that that's the summary of this whole section.
652. 01:01:18 But good. If you don't mind, I'm going to I'm going to go ahead and make an action item,
653. 01:01:22 convince Mike that curiosity is not the right thing. I didn't really actually make that an
654. 01:01:30 action item. But but I'm ready. I'm ready to move. This is this has been a fun dialogue. I like this.
655. 01:01:34 Okay. Yeah. So just real quick, I'll run through the mental wealth guide. I think I skipped this for
656. 01:01:40 the the social wealth one, but there's some cool stuff in here. So he talks about mental wealth hacks,
657. 01:01:45 a parviki guy, the pursuit map, the Feynman technique. I liked that one. The spaced repetition
658. 01:01:52 method, not a huge fan of space repetition, to be honest. It's never connected with me either.
659. 01:01:57 So just as a side note, the Socratic method, the think day, I mean, the think day is really
660. 01:02:02 a version of the personal retreat. Mine's a lot more specific, but same, same personal, same idea.
661. 01:02:07 The power walk, the personal power down ritual on the 111 journaling method. I mean,
662. 01:02:10 there's so much good stuff in each one of these, these sections. And I think,
663. 01:02:16 did you, and again, did you say, hold on one second, did you say the zones one that I just missed
664. 01:02:22 that when he said it? What's it called? What's he called though? You know what? I don't see that
665. 01:02:31 in my list, but I thought I had everything. So I don't know. Maybe that's a, it's a map of some
666. 01:02:37 sort. I forget what he calls it, but oh, it's a zone where he's got energy creation on the y-axis
667. 01:02:42 and then the pursuit map probably. Yeah. Pursuit map. There you go. So energy create energy creating
668. 01:02:47 versus energy draining on the y-axis and then competency on the on the Z. And then you put zone
669. 01:02:51 of danger, sorry, zone of genius, zone of hobby, zone of danger. This is the one without a doubt
670. 01:02:57 clearly stood out to me as like, I like this, I should do this. Like this, what is a really cool
671. 01:03:03 thing. So if you're looking for an action item out of this book, thinking about this and trying
672. 01:03:08 to implement this zones, the pursuit map, that's definitely one for me. Yeah. So the point I was
673. 01:03:14 going to make with listening, all these things was maybe confirmation bias here, but I could totally
674. 01:03:19 see curiosity as the theme and all of these. Oh my gosh, this guy, you won't let it go. No,
675. 01:03:25 I agree. Like I understand, I understand what you're saying. I still think direction. Okay.
676. 01:03:31 All right. Next section is physical wealth. And this one, I was curious what he was going to do
677. 01:03:38 for the pillars here. Movement, nutrition and recovery. I think that's actually a pretty great,
678. 01:03:46 pretty great direction to take with this. The big question here is, will you be dancing
679. 01:03:53 at your 80th birthday? I hope so. And then he does a pretty good job of staying away from
680. 01:04:01 specific advice about this type of diet or whatever, which I agree was genius. You know, he,
681. 01:04:07 and the thing is, if you, if you follow Seheel at all, this is maybe the one that he's the most
682. 01:04:15 qualified to talk about. I mean, he's a college athlete at a D one school, right? So he runs
683. 01:04:23 marathons all the time. Like he's studied this stuff. He's one of those guys that shows that,
684. 01:04:28 you know, the Instagram reels for 30 in the morning and I'm getting in my ice bath sort of thing,
685. 01:04:32 you know, but he doesn't go to the level of, well, you should take an ice bath and you should follow
686. 01:04:37 my routine. Like he gets into aerobic versus anaerobic cardiovascular training. And he talks about
687. 01:04:44 proteins, carbohydrates and fats as macronutrients and gives you like a whole bunch of, they're not
688. 01:04:51 really frameworks, but kind of like guidelines for creating your own physical wealth plan. And
689. 01:04:58 then obviously like a whole bunch, a whole bunch of stuff that he talks about in the physical wealth
690. 01:05:03 guide. One of my action items comes from this, which really isn't related to any of the exercise
691. 01:05:10 or diet stuff that he mentions. But we'll actually generally crank through these, this physical
692. 01:05:16 wealth guide, there's a physical well 30 day challenge, a science backed morning routine,
693. 01:05:20 a level three training plan that works, he actually gets into like levels for each one of those
694. 01:05:25 pillars in this one, which I thought was pretty effective too. So you can locate yourself. The
695. 01:05:28 common sense diet nine rules for sleep. I agree with all of them. Science backed breathing protocols.
696. 01:05:34 And then my action item from this section is to revamp my morning routine. So that's, you know,
697. 01:05:38 the science backed morning routine he talks about on page 292. And really it's just, I want to
698. 01:05:45 reconsider the things that are part of my morning routine and maybe change some of that stuff up.
699. 01:05:50 I don't have specific things that I want to do with it. I just want to, I haven't considered it
700. 01:05:55 for for quite a while. And yeah, I want to recommit to the morning routine, basically.
701. 01:06:01 Yeah. So I think he, he does a great job. I mean, I think he's done a great job on,
702. 01:06:05 on all the sections. I think he does a really great job on this one, hitting those three
703. 01:06:08 pillars because, so if I'm, I listened to a lot of tech podcasts, I listened to productivity
704. 01:06:15 podcasts, and then I listened to like health and wellness, but like in particular, and I should
705. 01:06:20 have said it before, but it made me think of it in this one. Like the people he refers to and the
706. 01:06:26 people he references throughout this book, I think his, his sources are incredibly credible.
707. 01:06:33 Like, and the examples that he provides are incredibly credible. So like that is a, if you can,
708. 01:06:40 if you can win me in a book, it's citing things from credible sources and telling
709. 01:06:46 stories that are, that are credible stories and they don't feel like you just made them up,
710. 01:06:49 just to, just to throw them in your book, but they actually like connect and relate here.
711. 01:06:53 I couldn't agree with you more. Movement, nutrition, and then recovery, like essential,
712. 01:06:59 essential, the keys. I loved how he went to the levels of movement, levels of nutrition,
713. 01:07:05 and he got like a little bit deeper into, into those. I thought it was really good,
714. 01:07:09 but then as you just said, and I'm just really repeating everything you said, Mike, but it's like,
715. 01:07:14 as you just said, he doesn't go too far into the weeds, which I think it would be a really
716. 01:07:20 easy to do in a book like this, but he basically stays on like, don't worry about that other stuff.
717. 01:07:26 Just focus on these core ideas, because, you know, if you haven't thought about these core ideas,
718. 01:07:31 like the other stuff doesn't matter. Like you got to hit these, these really core ideas.
719. 01:07:35 My one action item coming out of this section was the four seven eight method. Do you remember it?
720. 01:07:41 Yes, that's the breathing thing, right? It's the way to get you to sleep, which, which I'm pretty
721. 01:07:46 sure that Walker talked about this and why we sleep. Yeah, I've used that occasionally.
722. 01:07:52 Yeah, I think it's incredibly effective, right? Like if you if you do it, so what it is just to
723. 01:07:56 give you a high level, breathe in through your nose for four seconds, hold your breath for seven
724. 01:08:01 seconds, exhale for eight seconds, and repeat it two or three times, and you do it like while you're
725. 01:08:06 in the very, very front end of trying to go to sleep, and it just kind of like relaxes everything,
726. 01:08:12 everything down. So that's the one that's my action item from the the physical health,
727. 01:08:16 every time every time I've done that, I usually do it when I'm like pretty amped up,
728. 01:08:21 and I'm like, I wonder how long it's going to take for this to work. And by the third time I'd
729. 01:08:25 have done it, I'm like forcibly yawning. Like, wow, that was quick. It ties into like, at least I
730. 01:08:32 have to think it ties into the one he talked about in the mental, I'm almost positive he talked
731. 01:08:36 about in the mental wealth section, but the the psychological side. Oh, yeah, right? The one that
732. 01:08:41 you know, like they have to be connected to each other, like they just have to be connected
733. 01:08:45 from the breathing standpoint. So yeah, actually, one other thing I wanted to call it from this,
734. 01:08:50 you know, every time I read a book like this, I'm like, I need to write a book.
735. 01:08:54 But at the beginning, this he talks about episodic future thinking. And this is really a day in the
736. 01:09:01 life of future you, which is step three in the the life theme stuff. So I don't know, I guess
737. 01:09:09 every time I think about the life theme process, I'm like, is this really, you know, I don't have all
738. 01:09:15 the science behind this. This is just what I've done. Does this really work? And then I read something
739. 01:09:20 like this. I'm like, Oh, wait, I've, I covered that too. But I like my version better. So with that,
740. 01:09:27 just just basically, so he's kind of anchoring it with what you'd be dancing on your 80th birthday.
741. 01:09:33 But day in the life future, you is really just getting specific in detail about where you are
742. 01:09:39 in the future. Like, where do you live? What do you do? Who's there with you? What sort of car do you
743. 01:09:43 drive? What do you do for work? What do you do for fun? All that kind of stuff. And then as you get
744. 01:09:47 detailed about that, it gets exciting and it becomes a motivating factor. Like, this is what I'm
745. 01:09:53 working towards. It's not a goal. But it's sort of an anti goal from the things that aren't on that list.
746. 01:10:00 It's not like, I want to achieve this by a specific time, even the 80th birthday as he anchors it here.
747. 01:10:06 But it's really like, these are the things that I want to be doing. So anything that's not going
748. 01:10:09 to get me to this point is sort of a distraction. And then you can use that in the moment. Like,
749. 01:10:14 is this thing, you know, an alignment with this? If not, you know, maybe this isn't as important as
750. 01:10:18 my monkey brain is telling me at the moment. Well, and it ties into the things we've read in
751. 01:10:23 other books before about the athletes who envision themselves doing the, you know, the perfect run
752. 01:10:28 down the mountain or shooting the free throw when everything's crazy. It's that same idea only.
753. 01:10:33 It's just for normal people. It's like, what's that future for me as just a normal person with a
754. 01:10:39 family and, you know, life? All right. The last official section is financial wealth.
755. 01:10:48 And this is the one that I had the hardest time aligning with, because he's in a totally different
756. 01:10:56 spot than I am. I do think there's some really powerful ideas here. So there's the
757. 01:11:02 lagam, which is the Swedish term for just the right amount. His whole idea, the whole thing he's
758. 01:11:07 driving here is like your current definition of more becomes your future definition, not enough.
759. 01:11:12 So really, you got to decide at some point, what is your definition of enough? And then from there,
760. 01:11:19 you can optimize for the other stuff, which the finances piece allows for three pillars of
761. 01:11:27 financial wealth, income generation, expense management, long term investment, duh, but also,
762. 01:11:32 like, presented in a way where it's like, oh, yeah, that makes a lot of sense. And I should totally do
763. 01:11:36 that. Yup. Yup. Yup. Yup. Yup. Yup. Yup. Yup. Uh, talks about the five levels of financial wealth,
764. 01:11:42 which I thought was interesting. So level one, your baseline needs are met, including food and
765. 01:11:45 shelter, level two, all your baseline needs are exceeded and modest pleasures become accessible.
766. 01:11:50 Level three, your baseline needs are no longer top of mind. The focus is on saving, investing,
767. 01:11:53 and compounding wealth. Level four, most reasonable pleasures are rarely available. Level five,
768. 01:11:58 all pleasures are available. So I don't know, you listen, you list that out. And it's like, well,
769. 01:12:04 maybe I'm not doing as bad as I thought I was. I mean, I think, I think he's got a, he's got a
770. 01:12:11 couple really awesome ideas throughout this chapter, right? Hedonica adaptation, which you
771. 01:12:16 talked about a little bit, you didn't say the phrase. It's this idea of like, we're going to
772. 01:12:21 up the level every time, like every time we get what we want, we're gonna up the level. And I was
773. 01:12:25 like, oh, that's actually like a real scientific thing. Like, okay, that's awesome to know. Like,
774. 01:12:30 that's actually a concept. And then I do think he nailed the three. Like, so I just want to,
775. 01:12:36 I just want to, you know, confirm that I think he nailed those three, those three pieces here,
776. 01:12:40 they're the pillars. Cool. All right, should we move it on to the conclusion then?
777. 01:12:46 Okay, can I make two more comments before we get on the conclusion?
778. 01:12:50 The return on Hassel spectrum, the chart, like, I mean, I laughed, like, I thought it was amazing.
779. 01:12:57 So for the, for those folks listening, imagine you have a difficulty or hassle scale on the bottom
780. 01:13:02 that goes from one to 10. And then you've got an annualized return, you know, that goes on the,
781. 01:13:07 on the y-axis. And basically he describes investments on how much hassle you get. And it's just like
782. 01:13:12 an upward chart going up into the left. And I just thought it was hilarious because it's like,
783. 01:13:17 oh, yeah, that makes complete total sense of like, you may not make as much money on this thing,
784. 01:13:22 but man, you don't have to deal with nearly as much headache. And it's worth every second of not
785. 01:13:28 making as much money. And I was like, that, that checks out. Turns out, yeah. The other one I want
786. 01:13:32 to go back to is, sorry, it's from a, the mental one, the mental health one, because I want to make
787. 01:13:36 sure I don't miss this one. It's the Victor Frankel quote about power. Let me try to find it. Sorry,
788. 01:13:44 are we in social there? And yeah, it's basically like the power is between
789. 01:13:51 whatever the stimulus is and your response. And that's where like human, human power is.
790. 01:13:56 And I was like, wow, that is such a incredible thought. Because like, if you, if I think about it,
791. 01:14:02 it's like, um, and, you know, let's use a silly example, like my kid comes in and my kid does
792. 01:14:07 something, like my power as a dad to either correct uplift reprimand, whatever it might be,
793. 01:14:14 comes in the way I respond to that. And like, where I have to make the mental decision is
794. 01:14:20 between what happened, which I can't control, and then what my response is, which I 100%
795. 01:14:25 can't control. And I was like, that is a really powerful quote, really powerful quote. So those
796. 01:14:30 were the last two things I wanted to mention before we got the conclusion. Awesome. All right.
797. 01:14:36 So the conclusion is really just a couple of pages. And, uh, if I were to summarize this,
798. 01:14:43 it's find your people and cherish them, make decisions that consider all five types of wealth.
799. 01:14:48 And then ultimately at the end, he's telling you to take the leap really just trust me on this.
800. 01:14:54 Money isn't the only thing which I get why that's there. And I think that's a pretty effective way,
801. 01:14:59 honestly, to, uh, to end the book. Nothing, nothing to add there. All right. Well, uh, I guess we should
802. 01:15:06 talk about action items then. So I've got a couple. Let me just make sure that I snagged them all from
803. 01:15:15 this mind map here. Yeah. So the first one I had was to find my front row people,
804. 01:15:23 make a list of that that comes from chapter 11 in the social wealth section.
805. 01:15:31 The next one was to revamp my morning routine. And that comes from the physical wealth section.
806. 01:15:39 I think there is a possibility that every single one of the tactics that he describes
807. 01:15:44 in the different sections for the wealth guides could be considered action items.
808. 01:15:51 Yeah. But, um, that's not where my brain went when I went through those. And, uh,
809. 01:15:58 there really was, wasn't anything in there other than the stuff I, I jotted down there
810. 01:16:03 that really kind of jumped off the, the page to me. So those are the two specific action items I
811. 01:16:09 have from, from this book. What do you got? Okay. I had three. So, um, one was got added during the
812. 01:16:17 show. It was the take the five types of wealth quiz, right? Which I think will be valuable. So I
813. 01:16:21 want to do that. Um, another one was the pursuit map and those different zones, um, and thinking
814. 01:16:26 about what should be, and it's not what is, it's what should be that like zone of genius, what should
815. 01:16:31 be the zone of hobby and what should be the zone of danger. Um, because I like to let those things
816. 01:16:36 blend, um, too much, I think. And I think I need to, to be better about that. Uh, and then the last
817. 01:16:41 one is, uh, a really easy one. I want to try that four, seven, eight, uh, method. Um, I don't typically
818. 01:16:46 have trouble falling asleep. Like that's just not how my body, um, is wired. But at the same time,
819. 01:16:51 I think it'd be cool to, to just try it out and see, see how well it works. So at this point,
820. 01:16:56 style and rating, Mike, your book, your rep. Yeah. So I, uh, was a little apprehensive, starting this
821. 01:17:05 book, to be honest, because I feel like, uh, what he's trying to do here is pretty ambitious.
822. 01:17:15 It's sort of like a whole life prosperity guide. And I think he does a pretty awesome job, to be
823. 01:17:25 honest. Uh, you look at the blurbs, you see stuff from like Tim Cook and, um, you're like, well,
824. 01:17:36 and he obviously has connections that's, uh, he's leveraging those, but probably not going to live
825. 01:17:46 up to, you know, Tim Cook's name on the, the front of the book. I think it does.
826. 01:17:52 Um, I feel like the people who need this book the most maybe aren't going to realize it,
827. 01:18:01 which is a bit of a shame. And I will give my best plug right now to say you need to read this book.
828. 01:18:09 I think even if these are ideas that you've heard a lot about before, they're presented in a way
829. 01:18:16 where it's going to cause some light bulbs to turn on. And, you know, the whole time I'm reading this,
830. 01:18:24 I'm thinking to myself, Saheel Bloom is what, 20 something years old? Who is he at the stage of
831. 01:18:31 his life to be writing this book? This is the type of thing that, you know, Charlie Munger
832. 01:18:37 would publish when he's 98. Like now you can finally listen to me. So it takes a lot of, uh,
833. 01:18:45 Kehone's maybe to, to put your name on a book like this, but I think he absolutely crushed it.
834. 01:18:53 I think they're sadly, there probably will be some people who are like, well, you know,
835. 01:18:57 Saheel Bloom is this young entrepreneur who's led a privileged life and, you know, I,
836. 01:19:03 I can't relate to him. I'm not going to, not going to list anything that he has, has to say.
837. 01:19:07 And I feel like you're going to miss out if you take that approach. I think this is a really good
838. 01:19:12 book. I think he's a really good writer. I think he really understands this stuff.
839. 01:19:18 There are some people who you can just tell they get it. And some of the stories that he shares,
840. 01:19:27 like conversations that he's had, you can, you can sort of hear the words that he uses, like the
841. 01:19:34 people that he looks up to. And he just has like a good perspective, I feel. Um, I trust this guy,
842. 01:19:43 basically. Hopefully nothing happens in the near future to, you know, something crazy and,
843. 01:19:51 I don't know, does something stupid or whatever. But, um, I think this is a great book. I'm going
844. 01:19:55 to give it five stars. And I think everybody who is listening to this should pick it up. Maybe
845. 01:20:00 you don't have to read through the whole thing like we did for the podcast. Maybe you just kind
846. 01:20:04 of dip in and out of the different sections that are really, uh, resonating with you hashtag
847. 01:20:11 curiosity, Corey. Nice, nice, nice. But, um, yeah, I, I think this is one that belongs on every
848. 01:20:19 bookworm's bookshelf. Yeah. Um, this is one of the books. So, you know, I read, I read digital
849. 01:20:26 books. Mike, the only way to read. Um, and, uh, this is one that I would actually consider buying
850. 01:20:31 to have a physical copy of because it's one of those ones that you would go back through and like
851. 01:20:35 leaf through, right? Like, you know, like, oh, I want to read about like this thing or I'm thinking
852. 01:20:39 about this, this aspect of, of life right now. And like, am I thinking about it the right way?
853. 01:20:43 The other one is it's got, you know, the questions in it. It's got the different, um, end of the,
854. 01:20:49 the chapter guides in it. So it's like, I think this is one that would make sense to actually own
855. 01:20:53 a physical copy of. So I would agree with you on that, that perspective. I agree completely. I'll
856. 01:20:59 give my rating quick. It's, it's a five star book. Um, I think if I'm going to, we've talked about it
857. 01:21:05 in a very positive way. I think it covers the landscape really, really well. I think, um,
858. 01:21:12 you know, wisdom beyond his years, I think is the way I would describe what you were talking
859. 01:21:18 about. It's like, but I think it's pro partially because of that input mechanism that you described
860. 01:21:24 earlier, right? Like, I think he's taking in wise ideas from wise people. And then he's
861. 01:21:30 ref, he've reformulated them into a summary or a concise aggregation in this book. That's very,
862. 01:21:37 very approachable. Um, we mentioned that it's long and I agree that it is a longer book compared
863. 01:21:43 to other, you know, productivity type books, but it's, it's an easy read. Like it's not like a
864. 01:21:48 complicated, you don't get confused during the book. It's like, Oh, these ideas actually flow and
865. 01:21:52 they make sense. Um, and, and they're, they're very well presented, right? So I agree with you
866. 01:21:58 completely on that. So if, I mean, if I'm going to knock it, like one of the things I'm going to
867. 01:22:02 knock it on is, um, I think there needs to be the spiritual pillar. Now there could be arguments
868. 01:22:09 around the idea of like, Oh, well, that actually sits in a different way or whatever it might be.
869. 01:22:14 But I do think there needs to be a, a spiritual pillar, uh, associated with this. So I don't know
870. 01:22:20 if you want to comment on that now or if you wanted to let it ride. Well, I can, I can say,
871. 01:22:24 I don't think it really is a hesitate to use the word pillar because I'm not sure that that's the
872. 01:22:32 right framing. Like even the picture on the book, it kind of talks about there's like these five
873. 01:22:35 different abstract stones that are stacked on top of each other. I view the spiritual aspect
874. 01:22:42 as like an arrow that goes all the way down or up, you know, depending on the direction you want
875. 01:22:49 the thing to go. So it's something that touches every single level and it kind of provides
876. 01:22:55 guides for the, the direction that things would go at each one of the, the different levels.
877. 01:23:03 But I don't think it is a separate thing altogether. Like you don't manage your
878. 01:23:10 spiritual life and then you manage your time life. Like they are linked in a way.
879. 01:23:17 It would be like a lens that you would use to look at this rock formation or, you know, like the,
880. 01:23:22 the atmosphere that the rock formation exists in or whatever it might be. So, but like that would,
881. 01:23:26 that would be my only knock. But like, believe me, like that is a very, very weak, you know, like, I,
882. 01:23:32 I mean, I am not saying this is a bad book by any means. It's just, I think that is an essential
883. 01:23:37 aspect for me as I think through these five areas of, of wealth and it, it influences shades,
884. 01:23:44 colors, whatever you want to call it, the way I think about these five areas of wealth. But without
885. 01:23:48 a doubt, five star book, I think, um, I think everybody benefits from reading this book,
886. 01:23:53 not necessarily cover to cover, like you said, but at least reading, like, when you, when you
887. 01:23:59 break into like, let's say mental wealth, right, read the first chapter and then read the third
888. 01:24:04 chapter of that section, whatever it ends up being. So the first one is going to be the one where
889. 01:24:08 he describes the core idea to you. The third one is going to be where he describes the pillars to
890. 01:24:12 you. Like if you would just hit those two chapters in every major section, um, I think you'd benefit
891. 01:24:18 from it without a doubt. Actually, I'm going to take a little bit of a different challenge.
892. 01:24:21 So people who read this one, I'm going to say read the prologue because you're going to get hooked
893. 01:24:24 right at the beginning and then read the section on designing your dream life. At that point,
894. 01:24:30 you will know whether this approach resonates with you or not. And I'm going to go out on a limb
895. 01:24:35 and say, just by everybody who listens to this podcast, it's going to resonate with them.
896. 01:24:40 So at that point, feel free to dip in and out of the different sections. But if, if I had to bet,
897. 01:24:45 I would guess that most people will be hooked at that point and they're just going to keep reading
898. 01:24:49 it cover to cover. Yeah, they're going to read the whole book. Yeah. Because it's that good.
899. 01:24:53 It's that entertaining. He's a great writer. Yeah. Now this was, and this was a good pick, Mike.
900. 01:24:58 Like this was a real, a really good pick for, for the show and just for me personally. So thank you.
901. 01:25:03 Awesome. All right. So let's put the five types of wealth on the shelf. What is next, Corey?
902. 01:25:11 So my book is next. And this is a recommendation from you. Um, just so everybody knows, and so
903. 01:25:18 folks don't forget, you can go and actually check out, or you can make recommendations for it. So
904. 01:25:24 we'll put the link in the show notes. I don't know if we have the link on the webpage or not,
905. 01:25:28 but we'll definitely have it in the show notes to actually make a recommendation for a book that
906. 01:25:32 Mike and I will check out and we'll review as we think about the next books to write. But this one
907. 01:25:36 is a recommendation from you. It's called Wild Courage. Go after what you want and get it. And
908. 01:25:43 it's by Jenny Wood. And she was a former leader at Google, a career coach. And basically, you know,
909. 01:25:51 she's thinking about like nine traits, um, for, to release your, as she says, negative shackles and
910. 01:25:58 teaches you how to apply them in a savvy and sane way, right? So we're going to take a look at like
911. 01:26:03 what courage looks like and how to get what you want, which I've got ideas or thoughts on my
912. 01:26:09 perspective on this book coming in. So I'm excited to see if my, my current belief on this book holds
913. 01:26:15 true or if, you know, if I'm surprised as we read this one. So that's our next one. So if you're,
914. 01:26:19 if you're reading with us, pick a wild courage and go after what you want and get it by Jenny Wood.
915. 01:26:23 So what's after that, Mike? After that, okay, so I went through all of the books that I have
916. 01:26:31 in my house looking for something that had just slipped through the cracks that we should have
917. 01:26:36 covered, but we didn't. And I came. So how long did it take you to go through 1.5 million books?
918. 01:26:42 It took a while. Not quite 1.5 million, but I had to crack a joke. I had to go. Yeah. So I did find
919. 01:26:47 one though, which when I came across this, I'm like, I can't believe we haven't done this. Um,
920. 01:26:54 we have not in the history of bookworm covered a Daniel Pink book. Have you ever read a Daniel
921. 01:27:01 Pink book? I have read at least one, maybe two. Okay. Well, I have not, but I have this one when
922. 01:27:09 the scientific secrets of perfect timing. And I was like, that sounds like an interesting topic.
923. 01:27:15 Yep. So at the very least, we'll have a good discussion about it. I have no idea what to
924. 01:27:21 expect other than I've heard several people who have written books that we've read talk about.
925. 01:27:26 Hey, yeah. Daniel Pink wrote about this, this in, you know, drive or whatever. And yeah, as I was
926. 01:27:32 looking through the different Daniel Pink books that I own, which I was multiple. When is the one
927. 01:27:38 that jumped off the bookshelf at me? So we will cover that one next. Perfect. I will go first here
928. 01:27:48 on the gap book section. I am not reading a gap book. I don't want to read a gap book. I am not
929. 01:27:53 doing a gap book. And hopefully you don't look down on me in the fact that I don't read a gap book.
930. 01:27:57 So you're up, Mike. Yeah, I'm going to try to read the Ruth Islam nation of hurry. I still
931. 01:28:02 am excited to go through that one feel like that could help me out a lot. And I've got it
932. 01:28:07 ready to go. Just haven't had the time to read it yet. I think we'll have a little bit, I think
933. 01:28:14 I'll have a little bit of space with with wild courage. Haven't started that one yet either. I do
934. 01:28:19 have it though. So I'm thinking I can get both of them done, but we'll see. Okay, sounds good.
935. 01:28:26 All right. Well, thanks for listening, everybody. If you want to support the show, a great way to
936. 01:28:30 do that would be to go to patreon.com/bookwormfm. For $7 a month, you can become a pro subscriber.
937. 01:28:40 You get a couple of perks with that. You get the ability to join us as we record live. This is the
938. 01:28:45 first episode that we have. We've done that. So I guess we'll find out after we record here whether
939. 01:28:51 it worked, Corey. Well, we did it last time. We did it for this is the first official one that we
940. 01:28:57 announced to all the subscribers. Yes. Last one was the test. And it was a good reason. It was good
941. 01:29:03 that it was a test because our audio was was way off. Mine was way low and yours was normal volume.
942. 01:29:07 Yeah, we got that dialed in. And we've got a live version. We also have a couple of additional
943. 01:29:12 feeds. There's the bootleg feed, which gets released right after we record. So typically about two
944. 01:29:18 weeks before the actual episode comes out. And then there's a pro show, which has the ads removed
945. 01:29:23 when there are ads and a bonus section. Today, we talked about mastermind groups. So if you want
946. 01:29:31 to get that seven bucks a month and you can go to patreon.com/bookwormfm to sign up, help us keep
947. 01:29:37 the lights on. We really appreciate it. And if you're reading along with us, pick up wild courage.
948. 01:29:43 Go after what you want and get it by Jenny Wood. And we'll talk to you next time.