Tony Robbins The Ultimate Guide to Financial Success and Happiness with Lewis Howes

i made the decision it is the most important decision i think of your life that i will not suffer anymore life is too short to suffer and i will live in a beautiful state every day what are the chances everyone will do exactly what you think? they should do it the right way every day zero zero what are the chances that the people you love will do what you want them to do the way you want them to do it every day zero with the chances that you will do the right thing every day even if you are talented and disciplined, zero, so your

happiness

will never last as long as there is behind it.

Welcome back to the school of greatness podcast everyone. Very excited about our guest,

tony

robbins

. three we've done today, that's why we've done two before, isn't it? The first two got over half a million views on YouTube you know hundreds of thousands of downloads in the audio some of our best episodes out of 450 episodes des wow that's wonderful I'm excited to bring back the third one and um , for those who are not following

tony

make sure to follow this guy he is one of the most inspiring business and life coaches in the world thank you and also finance and how to make money the new book is unbreakable your book of

financial

freedom plays creates peace of mind in a world of volatility and is truly a playbook a step by step

guide

to mastery just yeah from where you are

financial

ly where you want to really i wrote it because you know i wrote money dominate the game and 700 page hits to a monster, yes, but my goal was, you know, I interviewed 50 of the most financially savvy people in the world, Warren Buffett, Carl Ichahn, Ray Dalios, the best on earth and I who We wanted to write a book that could take anyone and take them on the ride or I could take my billionaire clients on the ride and it became the number one best selling powder new york bestseller I was thrilled with it and swore I was going to write another book I read a book in 20 years and then what happened was I was doing the same thing I did last week I was in Whistler we change locations every year but I do a financial program where I usually bring five self-made billionaires in five days and then i bring 20 speakers including me and them and we dig in so ray dalio which is the biggest most

success

ful hedge fund guy in the history of the world produced more money for investors that nobody alive um i had uh you know president clinton we had uh you know we had the top guy who became a billionaire and bitcoin was pretty amazing but a year and a half ago almost two years ago we hab i fed the president alan greenspan and i spent three hours with him just to get into his psyche you know lunch was supposed to last 30 minutes and he's 90 years old he's been, you know, the most powerful man in finance for 19 years through four presidents and so on and then i got him on stage for two hours and the last question we're talking about negative interest rates i mean if you think about it we're living in a world that never existed before the wall street journal hired its history to find out when was the last time we had negative interest rates and in 5,000 years of banking history it has never happened well well you give them your money and you pay them to give them your money they always paid you and then you they lent your money and made money from it, it's the craziest thing.

What there is is that there are bonds at the moment, like Toyota is buying the bond that they are selling for point zero zero six to zero zero one. Excuse me, at that rate it takes 69,000 years to double his money, so I'm having this conversation with him. and you know his head is spinning and we're talking about things and at the end I finally said tell me what would you do if you were back maybe head of the feds today I mean this crazy vibe what would you do and he stopped and stopped and bowed f forward and said I quit right that's right that's it didn't exactly encourage things and I interviewed Howard Marks who runs Oak Tree Capital in 2008 when the market was crashing he was buying a billion dollars a week every week because I saw that everything was going well. for sale and he told me this is like six months ago nine months ago said tony if you're not confused by what's going on you don't know what's going on we're in a place we've never been financially so i saw so much fear and You know we're in the eighth year of a bull market, it's the second largest bull market in world history and we all know there's going to be a crash, but while you're busy worrying about the crash, a lot of people miss the bull market.

It's up 250 since 2008. It's up 14 since Trump was named president in November. I would do is write a short book no 600 700 pages yes m Do it so they could read it in a weekend or a long day or an evening and then I wanted to write a book that was also really a playbook that would show you exactly what to do, So if you're a baby boomer and you never started, you can still make it or if you know someone who is, say, a millennial and you feel like you've gone to college and you're in so much debt you never get out of it, this is the place for you. plan how to get out of this but i really wanted to get rid of the fear i wanted to show people there is nothing to fear and do it not with enthusiasm but with facts and in this book when you read this it will blow your mind and i am also giving 100 of the profit not a penny comes to me again to feed people because we fed 100 million people two years ago 100 million last year this book will help feed 50 million so each book feeds 50 people and then it's I'm putting up matching funds for, you know, 100 million people, we're going to feed a billion people in the next seven years pretty awesome you're the man uh what I love about this is I'm a very slow reader it takes me a forever really and its hard for me to comprehend after five pages i feel like i forgot it all yes i read it in four hours wow and for me you know i have had my own level of financial

success

yes i feel like i understand certain parts but there is always more for me to learning yes and i learned so much because you make it so simple it breaks the most complicated, confusing and scary things come down to simple ideas and analogies anyone can understand so make sure you understand this again. some questions for you we had some of our listeners asked questions someone made some of those great ones but i wanted to ask first what is the difference between someone who is financially rich and someone who is financially poor what is the difference us There are many differences but I would say the First is someone who is financially rich is an owner, they are not a consumer, they are also a consumer, but when someone is poor, your consumer, all they do is take the you. i know i always tell people we are all financial traders other people i am a financial trader yes you are you are trading time for money yes that is the worst trade you can make in your life slave you are no longer a slave to money and shape The way they do it is they figured out how to become an owner and the way you do it the simplest way I even taught in my first book was you have to decide that there is a percentage of money that you are going to keep forever, I don't know you're going to give it to kate spade or ferrari or anyone else you can do that too but there's a percentage of that income that will never be touched and that you will grow and accumulate and provide income for the rest of your life so you don't have to or work now when i was a kid everyone's goal was to get rich enough so you never have to work now like all my friends are fifteen eight or ten my old people like steve wynn in the biggest pa rte from las vegas is like 74. uh warren buffett's 85 .uh peter gruber one of my dearest friends the world owns the golden state warriors the la dodgers we are partners in the lafc soccer team in la um brilliant guy 74 years old and they're all working harder now than ever and they don't have to work so the goal is to make enough money that they don't have to work and then you'll do what you love and put your time and energy into it but you have to make that choice , is the first major decision is that I am going to become an American business owner.

You don't want to have an Apple phone and you don't want to have Apple and you don't want to have Apple because any company can go up and down. you want to own the index you want to own you know a variety with enough diversification but if you can just switch and I've taught people who told me they can't not have money that they can't save it's really easy once you get the momentum there is a research project what i did with um a gentleman uh who was nominated for the nobel prize in behavioral finance and what he did was he said if you can even you know you need to save 15 ideally but if you could say even three percent because anyone can do that they took to a group of blue-collar workers in the midwest and they said, "it's going to force you to save three percent, it was three and a quarter or three and a half, but then you can all go on a diet tomorrow, you can all save money tomorrow, yeah , so his tool was fine, you're not going to save today, you're going to save tomorrow, we'll do three and a half percent, but then you go to your employer and tell him that the next time you get a raise the first five percent goes into my savings account into my investment account and then every time you get a raise to get it right in 14 years the average person was saving 15 and the top 40 was saving 20 now let me explain to you what that means you and I were together before i i when i try to explain compounding to people everyone understands it intellectually but when i ask some of the richest people in the world what do most investors they don't and they all say they're not leveraging the power of compounding, so if you're in a situation where, as an example, let's take your, you have a hundred thousand dollars that you've saved? you're 35 and you put it on the market and you leave it there you never add anything to it if you leave it on the market and they only charge you one percent in fees at retirement 35 years later you got 762,000 of that 100 they never added a penny they grew so much but if you pay three percent of the fees which is the average most people pay when you ask people they are paying they don't know or say one percent because when they find out the fees, let's say a mutual fund fee, you'll always hear the one percent That's the expense ratio, there are 17 other fees, so every one percent you overpay, you know the one percent is the average if you pay two or three and the average mutual fund is three point one two it seems like nothing one or two percent but every one percent you overvalue because of compounding means you lose a decade of income so the person who paid one percent is 76 2,000 the person who paid the three percent has 450 two thousand dollars and they own the same shares it's just fees so while we compound our interest we also capitalize fees so if you could save the three percent and increase it to five ten fifty or start with 10 or 15 and eventually get to 20.

The best example I can give to your viewers is that there is a gentleman who worked for ups who literally never made more than 14,000 a year you heard of him in the book and when he retired he had 70 million dollars and he gave away 35 million in life and the reason was that a friend of his pushed him away and said look, I'm going to make you rich because I'm never going to be rich I win 14 I'm one year old he says I'm going to get rich I'm going to make you rich later in life and I'm going to do it by buying 20 taxes for your business he's going to make 14,000 a year I can't live 120 less and his friend told him if the irs came and said 20 taxes the more you would scream and you would scream garias and he said we'll pay it for you and that compounded 20 generated 70 million dollars so wow for the people at home the sooner you start the better off you'll be because compound interest does.

I have an example in a guy's book. That starts at 19, it sets aside 300 a month, it stops at 27, so it does it for 8 years, it only says, I think it was 35 thousand dollars, but it's anyone, it's a million dollars for going out on the market when he turned 65 and it stopped at 28 .has a best friend who starts at 28 invests his whole life puts in total 180k and has less money at the end the sooner he starts the better is yes so many questions i want to ask i dont know what i want to ask so whats up is there a way be financially free just by saying i'm going to earn more every year instead of investing every year can you do it without investing at all or you have to invest and when you say put it on the market you mean put it in index funds well in the book i explained that you have to have diversification don't just throw it in the stock and just don't and what most people do is go into a mutual fund and they think that sounds logical i'm not good at this this is not my skill one person says that you go to a professional who manages a mutual fund, what do you do? they do they calculate a series of investments to makethey put it in the background and they do it for you and you think well God you know they are smarter than me they will do it well you suppose but the truth is that they charge so much that even if they had an advantage they lose itI interviewed David Swenson, who is the boss of the director from yale investments it took you 200 years to get a billion dollars they saved it became 25 billion in two unprecedented decades he is the greatest institutional investor of all time and one of the things he told me he said tony you gotta understand something he said you're never going to win your way to riches he said how many people have you seen movie stars actors athletes you know the other day 50 cents just went broke good he made a hundred million dollars worth of vitamin water and someone tipped him and he had about half a billion dollars and he's completely broke mike tyson made half a billion dollars and went broke can you understand that a little yeah i think 78 of the players in the NFL are d they file for bankruptcy two years after that and the average life expectancy for a Florida player is three and a half years, so these guys work their whole lives, go through these tough injuries and don't have to. invest, so yes, the answer is that he can make a fortune.

Elton John didn't file for bankruptcy because the rules in England are different, but he got into trouble. johnny depp johnny depp is going bankrupt right now johnny depp is making 20 30 million a year johnny b was worth 700 million dollars three quarters of a billion is on the verge of bankruptcy right now he can't pay his bills he was paying 30,000 a month just on wine, right, gosh, he spent three million dollars to take Hunter Thompson's body, burn it, put the powder in this giant cannon and shoot his powder into space. Three million dollars, no matter how much money you make, you can always get rid of it. buy so what I show people is what you really want to do is create a lifetime income without working on the goal if you own a business and I would assume a lot of your viewers are business owners are starting in the business no matter how well If you are in business, think about this.

The only universal rule that idiots in finance know is diversification. real estate market that stock market that bond market that collectibles market whatever you invest in radel you showed me statistically it will drop from 50 to 70 in a day now if you're later in life when that happens it's over for you like this that you have to make it diversify and yet most people know real estate so they do or they know stocks they do it or they grew up hand their parents changing things and it's the wrong thing so you have you have to diversify so that you can be able to really be successful and that's why when you have a business, yes, if you put all your money into your business, which is what most of us do, naturally, you see a lot of risk, you put all your eggs in one basket and there are things that can Happen, I mean you know you're the Let's say you spent 20 years and figured out how to put together the

ultimate

map.

You know and remember. Garmin came out with this thing called a tomtom. I don't remember. your phone yeah or you just put the dash on it cost a hundred bucks that was a breakthrough they're doing like 100 million or something or yeah yeah six months later what happened the iPhone came out with Google Maps these little bastards, this is my friend. outside of that put google maps put your own map here and guess how much zero that will do to your business when someone takes your stock of product and gives it away for free so i always tell people competition happens technology happens , what you should do is have a second business no moving parts no people no time maybe it takes you two two three days a year for two or three hours after you have read the book you put it in place and measure it two or three times a year that's all yes go on with your life now if there is a problem in your business you are financially established i in my life in 31 companies now we have you know what we have 1200 employees seven different industries we make five billion in sales i mean I know you know me and my seminar business has grown geometrically, but with all those moving parts, the only way I've been able to succeed is because I took each of those businesses and diversified my assets so that ue when things were in trouble i still have enough finances to take care of myself and keep the business going so y'all need to create a money machine that works while you sleep that has no moving parts and that's what it's all about you really have a great cartoon in the book um where there's a kid who asks his dad if you know anything about how you invest your money or how the stock market works and he says you put your money at the peak it starts going down and you lose money and then you get scared and you do it and then someone's smarter than you makes all the money something like that so how do we do it and I've done it in the past where I put my money somewhere high it went down and I was like oh i just lost a bunch of money lemme take it out yeah and then i put it back some other time and wonder what i'm doing so how do we invest without fear of it going down?

I need to get it out or try to time it how do we do that big question? it's one of the main reasons i wrote the book i always tell people if you just read the second chapter of the book nothing else will change your life you're going to do that with multiple chapters but that chapter is really trying to teach people that winter is coming we all know winter is coming with a whole sentence but that winter is the best time in the world and i know its contradictory and i dont mean to be a positive thinker i mean pure facts so in the book i take you through 10 facts i'll give you a couple of the right now the first thing i understand is why people don't invest they are afraid to fail if you are a millennial right?

So you grew up witnessing 2008 when you were still relatively young. How old are you now? 33. okay so you had what 27 what what what 2008 um yeah 27 yeah 27 28 years old so you're a young man and you're watching the world melt away in front of you for most millennials they're the first generation since the generation that went through the slump they are not investing at the rate they need to even close and they have more debt than everyone they are probably right they have more college debt than everyone absolutely true i have a friend who has 400 000 debt in college dentistry president obama just paid off his debt five years ago when he was still president no i swear to god that's amazing and he had a bunch of scholarships for the last part it took him so long so what i'm saying is listen to pay off your debt no enough you've got to become a landlord or you're always going to be in that place so yeah pay your debt but here's what you need to know you've got to become a landlord you've got to get in in the game, but you have to understand the rules of the game, you know? the rules of the game the old phrase is you know when an experienced person meets a person with money we know the phrase the person your money ends up leaking ends up with your money yeah so i teach people the rules in the game so they don't get screwed but the most important thing is that this winter is coming but people react so let's take last year in January 2016 we had the worst stock opening in the history of the stock market first first I think it was 10 days there was a 2.3 trillion dollar crash with the crazy t everyone is fucking thinking the bear market is here the market is over the crash is here i think the market fell 800 points one day and that day everyone else rich in the world were in davos, switzerland you know from the big conference they do every year and they went there msnbc went there and everyone is crazy we are going to have what are we going to do and they said let's ask ray dalio now his hey Before they may or may not know ray's worth like they're not in the financial business you've probably never heard of them you've probably heard of Warren Buffett but Ray Valley has done more you have a net worth of 5 billion and 100 million dollars to give him we wouldn't talk to you 10 years ago now he doesn't Don't give how much money you have because he has a closed fund but they go and give value to cnbc television.

He is the king. a strategy that when the markets go up and down you don't go up and down and he said I spent 15 years of my life to perfect that strategy all my money is in that plan and he said it's called all seasons and I've never revealed it before, but I gave it to Tony Robbins he took it from me and it's his book so you have to go read his book someone says on national television that the data markets are crashing and that day to give you an idea what the beginning of february i think it was nine days in february the market was down nine percent in the first five weeks of the year your strategy that you gave me which makes money 85% of the time over the last 75 years wow it averaged a return of 10 just below and the average loss from when the fifteen percent loss was one point six so if you go to vegas and you can spend eighty five percent of the time making money and when you make money ten percent you lose it is one point six you're gone forever the difference now i'm not suggesting that's the only strategy to do there are many his is the smoothest ride with the least risk but what he did was a combination of that and then right after from that I interviewed Fed Chairman Alan Greenspan he was the head of our economy most po a very good man in finance for 19 years four presidents he was there I was just a Clinton president last week he was the federal president for him and I interviewed him for two hours, you know, three hours off stage, two hours in front and I asked. him early on this i told him look if you could put the fed today what would you do and he looks at me and like i said he leans forward and says quit so i look at that and i'm gone omg i need to write a book that set people free so this is what will set you free everyone is afraid of the crash so we need to know two terms you need to understand correction vs crash every time the market falls from its 10 or so high further. to 20 is called a correction, if it falls 20 or more down to 80, like in the great depression, then it's called a crash or bear market, ok, how often does a correction happen?

How often do we have to be prepared? for it since 1900 we've had a correction in average age each year wow for 116 years so when winter comes this year on average it's like how often winter comes you wouldn't be surprised if it's raining now some winters are long some are short, some are hard, some are light but winter always comes so I didn't panic when this happened last year. I don't freak out every time it happens because I know that's supposed to be how long it lasts on average 56 days, okay less than two months, what's the average drop over that time? 14 in the last 30 years 13.5 in the last 100 years so I use the most recent fourteen percent get your attention right fourteen percent you get a little intuitive control but here's what you need to know the eighty percent of all corrections never turn into a bear market eighty percent then all this fear and what people do is what you said you did is they see it he's freaking out and losing money I'm out from here and they leave the stock market, they never took a penny from anyone, only you can take it from them. you sold it That's why you lost good so if you look back and say how it was in 2008 I vividly remember standing with my platinum partners and saying you see these 80 stocks this is six months before the crash I told them in April that I brought them to Dubai and I said that these shares are going to go up to eight and some are going to go to a dollar and in October I told them what to do so that they could go out in October I go on today's show in October 2008 and they say tony there has been a three trillion dollar collapse it inflates the country you have four minutes at that point the 80 stocks were eight i said some of those i said i'm not a market forecaster but i work with paul tudor jones one of the biggest investors in the history of the world in the biggest market crash in history in 1987 he made 200 wow when everyone else was losing his whole life i have been training him continuously for 24 years every day so i said i work with the best in the world and they are telling me based on history in the 30's on history in the 70's this summer of eight dollar shares is going to be one dollar and I remember the day in March 2009 citibank that had been I think 70 were sold for 97 cents you could go and get your money out of the ATM yes it cost you more to get your money than owning the bank and then i told people it's going to jump from 99 cents to six 10 12 in a month or two it's exactly what he did well so what you have to know is fixes happen every year you have another couple months god knows 14 and you won't lose because 80 times you don'tgoing to a bear now what about bear the bear market happens to give you an idea in the last hundred years every three to five years you've gone eight without one we're way behind yes in modern years last 30 years that's about every five years the average life of a bear is one year the average drop is 33 percent a third of those drops go 40 or more I don't care how well prepared you are that's scary yes but it's not the biggest opportunity in your life to go from where you are financially to where you want to be.

I hope your audience is listening right now. Hear me out if you want to take a leap and you're a millennial and you think there's no future. a baby boomer and you think you're too old and it's too late the greatest gift you've got is coming i know it doesn't sound like that this is not positive thinking this is the truth wall street the stock market is the only place that when things go on sale people freak out if I say you like ferraris sure if i tell you ferraris are on sale for an amazing fifty percent off but when i tell you apple is on sale for fifty percent off, you're leaving, oh, what am I going to do here? what's up the whole world is ending if you think about it how old are you 33 33 so let's say if you were 35 you lived to be 85 you have 50 52 years ahead that means you have 52 more corrections to live well that means you probably you're in that 50s you'll have 10 months back in bear markets to live if you're going to have bowel checks every time or you're going to be left out if you didn't participate because you thought oh the market is too volatile i can't trust all those things you missed 250 come back in the last eight years i mean you missed it all while you waited for things to get better and if you don't when it does when it fails you're not going to get in here's the good news on the bassist good news on the bassist the once a year average could be longer but that's it the average could be shorter but this is the good thing every bear market in US history has led to a bull the meaning of the market right after so 2008 is plummeting what happened in 2009 it's up 67 percent in the year i can show you all the bear markets and next year when it comes out it's this explosion now that's not true in all world markets true for two centuries in the united states that's why warren buffett says i want to be greedy when people are scared and i want to be scared when people are scared if you remember 2008 i was telling everyone goodbye i was having the best time of your life bye bye everything is on sale so what you have to do to become unbreakable is turn when only the metaphor i use is turn the snake into the rope which means we all know the story is in the middle of the night you're walking in the yard or somewhere and you see a snake and you get scared you go away you come in the morning and it's a rope once you know it's a rope you're never scared anymore ro take for investing people and show them how to turn that snake into the rope that it really is and I'll give you one final stat on all these people always saying you started bringing up time how do I do it right now?

Things are too expensive. I want to wait. People have been saying that for eight years there will be a correction. yes but when it corrects you you just want to invest again you will get dollar cost averaging if you paid a little too much here you will pay by paying less here it will bring the average price to a reasonable price it will allow you to succeed but this is what people need to know about timing if you're not on the market it's the most dangerous thing this is so counter intuitive so I hope your audience is listening let me show you the research there are two different research projects one was done by jp morgan , i just spoke for them the other day at their alternative investing conference and to be in the room there are 400 people you have to have a billion dollar network to get in the room crazy that was amazing so jp morgan did a study and also schwab did a separate study 20 years ago studies in the last 20 years to give you an idea the average sp 500 that index has produced eight point two percent over thirty years s was ten point uh twenty eight in the last twenty years a little less still great you double your money you know pretty much you're in a position you're doubling money a little more than every uh you know you know what it is now 7.2 so it will be like a little plus ten years but here's what they found out if you miss the top 10 trades days in 20 years because you're trying to time the market and you're not in it for one of those days it went from 8.2 return over that period per year per year dropped almost half 4.5 what are the chances you know the last 10 days to trade in 20 years none yes correct Warren Buffett said that timers and market forecasters are only there to make fortune tellers look good because no one can to do it successfully, even if they do it for a while, it doesn't last because Luck, you know, Jack Bogle told me he started Vanguard, you know a three billion dollar company. said a gorilla in that set of of those spins they turned their heads 21 times in a row now when you look at that you see this whole grill is doing it you look and say what a lucky gorilla said but in the hedge fund industry in the industry of mutual funds when someone does 10 rows Wow what a brilliant investor what a genius and it's just average luck at the time yes actually it showed me that 96 of all mutual funds failed to match the market over a 10 year period only 4 make it are constantly changing so the statistic I want people to know is if you missed the top 20 trading days in the last 20 years only 20 days and 20 years one day a year and 20 years and you're wrong you're wrong at the time you're 8.2 don't go down to 4.5 you go down to 2 you might as well be using a bond you don't have any risk right if you miss the main 40 trading days to give you an idea you're less than d os percent so have got to get into the market and if you're saying what about my time though the study was done by schwab if you got the perfect time of the year the right day the best possible day to buy some people the worst day someone else average dollar costs keep spending the same amount every month regardless of prices and someone is left with cash who has the worst return on the guy trying to time or not collect the cash you get nothing for cash you i got the guy who was the best had the best time got it by the guy who was the worst the guy the average dollar cost and the guy who was on the worst day were nearly identical but after seven years there was only a 20,000 difference in assets accumulated between the worst day and the best day the worst was not being in the market so you have to be there and I'm not saying put everything into stocks we teach the book on all these Different assets, but stocks over the last two centuries have provided the highest return, so you need to have significant exposure to that if you want the highest return. of financial success is psychological 20 it's mechanical so it's not about timing and trying to figure out all these things and when is the best or the best funder this is not about trading it's about investing trading is trying to do that and most people lose money trading even the guys who tell you to make money look how they are making money two or three years from now they usually eat the dust exactly so yeah you gotta have the psychology and my best form of psych is not pump you get up if you want to be unbreakable you want to be educated and entered into the facts you want to know look every five years i'm gonna get a bear maybe three years i'm gonna get a correction every year but i'm gonna be in the market and earn money.

Did you know that six of the ten best trading days in 20 years occur within two weeks of the worst trading day? So when Trump was elected, the market fell. I think that night he had 800 points. at three or four in the morning he made a speech in which he was a bit human and normal and the market got all his money back and since then we are up 14 in november december january in three months february you know three and a half months so people need understand you i have to be in the market because the worst days will bring you your best days exactly um now i went to india last year and i went to a world academy which is very connected with christian g and c the whole team and it was for two and a half weeks, that's amazing it was a game changer and i had heard you went there yeah and she's a good friend of mine when i read the end of the book you talked about the beautiful state of state suffrage what i learned yeah and I love how you share that you know you used to talk about knowing how to be peak as often as you can, but now you really transition into a beautiful state, right, yeah?

Well because i was talking he is really beautiful to me he is a dear friend i have known him for around 15 years i guess his father is one of the most powerful spiritual master in india unit and therefore i give an idea that there is considered an avatar, so I went there and they had an opening. Christian helped set it up and they were expecting a quarter of a million people over five days and half a million people showed up the first morning so it was like the

ultimate

insanity if you can imagine so he's got a really beautiful base and his dad isn't just a religious man, he is really a spiritual man. he believes everything you create is wonderful but what you have to do is wire your brain so you are connected to your spirit aspect or unit and he teaches various ways to do this anyway christianity and i we have done over the years. lots of fun things together and this about two years ago we were having a conversation and he said you know you teach the secret of life is peak state vs lousy state or being energy rich vs energy poor what is an ionship relationship you can love someone but if the energy is low it's not going to show up the energy is high it will it is what if you change those words and change the peak state to a beautiful state i said it works you know the high energy state is beautiful Please indicate any state in the one that your high energy would be like love, joy, gratitude, drive, courage or faith, or you know, joy or fun.

Any of those things are beautiful states. state of energy so it would be frustration sadness anger resentment loneliness boredom whatever i do yeah that's exactly right i can trade them because if you trade them there is something cool you could see or do I have made the decision that I am going to live my life where I am going to live in a beautiful state every day no matter what even if it doesn't rain on my parade even if people do things that are unfair, he said. The reason is because in a beautiful state, just like you teach a great state, everything flows. just ending status and i said i don't really relate to the word suffering and i think most achievers do most achievers aren't even scared we stress i always tell people fear is the main word for stress because if i follow your stress i will carry your fear, but i realized i didn't relate to suffering like you told me two years ago, tony, do you suffer? are you kidding? i have the best life i have the most amazing wife and four kids and i have 31 companies and i am financially free and i have a mission that i love and i am in good health and all of that would be honest i would not have been dishonest about it but what really got me out from that conversation I left it there and it turned out well where I suffer and I realize that frustration is suf I feel frustrated, yes, you know, I worry, I get angry, I understand you, sometimes I worry, I have these feelings, so what I decided to do was, you know, really create a 90 second rule for myself where I would end up suffering. how it arises because someone tells you to end suffering it's full of rubbish the reason is that your brain is a two million year old brain it's not designed to make you happy it's designed to make you survive but there's no saber tooth tiger for it reactions for more so now we care what people think of us i have enough money and in this country in america if you are in absolute poverty and i hate poverty i feed 100 million people a year so i am not sitting on the sidelines but if you make the worst and the least amount of money in this country and you are in total poverty, you are in the top one percent of earners on earth because 75 percent of the planet lives on 2.50 cents a day. what I try to do is show people that you can't build on failure, you can only succeed, so for the last two years, what I've done is follow this little90-second rule and if I feel tension in me, I'm doing well, that's suffering, where does it come from?

Why am I stressed? what worries them and what I do right away is realize the stressful thinking since I've seen Christian G like I changed a thing what I really do now is dig deep and I realize the only time you have stress or suffer is when you believe a stressful thought, yes then what would be one or two of the most stressful thoughts that happen to you most often because we all have them well and you can be an achiever and still do? So what would be two thoughts that show a lot that stress you out you know something is wrong in my business or it's not the way I wanted to look or be or you know when I'm someone on my team who messes up and makes me look the right way way or am you know so there is a sense of loss yes my identity yes my ego becomes like when i told christian glike i said christian g i said i think i found the three triggers of suffering is what i said that you lose less than ever every time you think your mind creates a stressful thought like oh my god it's none of my business i'm not going here oh this the guy messed this up and now i lost something i lost this opportunity or i lost my time or i lost the money or not it could be someone else it could be you you could say i couldn't do this i did something or couldn't do something and as a result i lost something i value meaning trust love money freedom whatever or did you say something or did something or couldn't do something or not could do something or say something and I feel that I have less love or less money or less freedom less like you but the worst thing is never if you start to believe that because she said that or she did that or because I failed to do this or I said I never did it i'll make love again i'll never be rich i'll never be free once you believe eve it's true 'cause you won't start it you won't solve it you won't create it so i'm very sensitive to loss less than ever anything that triggers that and the antidote is realizing that it's not you then you I thought to God, you know my business is stressful, you're just going to know, I'm sure it will make you a little more a part of you. those things happen and you suffer it puts you in a mode what you are really suffering for is yourself and you are honest about it thanks for that i saw you do it you said you know that well i was thinking this guy did this and it cost me this is the meaning from me what makes us suffer, yes, when a woman says that I am very worried about my children, you know, I am very stressed, she is suffering for her children and I will listen to her and I will say tell me and she will say well they are not doing this not doing that and I usually go to her and say I hope you can listen to yourself because the real reason you're hurting isn't because your kids aren't doing well it's because you think you've failed them it's about you because otherwise you'd be working on the right solution but you're busy beating yourself up feeling bad thinking about the worst case scenario, so the antidote to endodontic loss less than ever is appreciation.

I always tell people to trade your expectations for appreciation. Your whole life changes. before and i shared with them the experience and i am lucky to have my own private jet now but its an intercontinental jet so i can fly directly to china its bigger than a gulf stream its a global express so its like having your own bed in the offices of heaven guys it's just an amazing project filmed there last time oh that's right i forgot about that interview yeah so it's funny so you got it but until then I was chartering them. oh but half my business was offshore and it's like you know 400 grand to fly to australia and back on a gulf stream so it didn't make any sense. i went and bought the plane but before that i would be so stressed to get on qantas airlines to fly yeah i would be so stressed because in my head i go no internet i cut out for 14 hours i have 31 companies i mean i have this list of calls, texts, pants, and emails, and by the time I get there, it'll triple in size, I'll lose money, I'll be stressed, and then one day, I wonder what the hell is stressful. about sitting or lying down when you lie down even on a commercial flight like that in first class and I realized what a jerk I was but it still got to me you would still suffer and I remember one of the last times it happened before I got my plane ironically they announced it on the air they said uh huh ladies and gentlemen we are proud to announce that we have international internet and it was like god came down from the plane we were all clapping it's so wonderful isn't it?

And then, in about nine minutes, it all fell apart. pissed off they are so I can't believe this I'm putting up with this and I tell a story because nine minutes ago it was a miracle now after nine minutes it's already an expectation wow and when you have expectations you're always miserable I realized that my

happiness

was so cheap because all i had to do was have this close by and i could lose my happiness because 31 companies 1200 employees you know five continents i think you have five continents now seven different ones what are the chances of that? now someone is screwing something up with so many employees in so many businesses 100 percent yeah so all you have to do is wait and open and find a part in there.

I can't believe what the heck mate is. r with him i realized all i had to do was have my phone to be stressed if thats true my happiness is so cheap because what are the chances everyone does exactly what they think they should do the right way every day zero zero what are the chances that the people you love will do what you want them to do the way you want to do it every day zero with the chances that you will do the right thing every day even if you have zero talent and discipline so your happiness will never last as long as there are expectations behind it don't get me wrong i have businesses i run them we manage them but i know people are going to be wrong or my idea of ​​the script is different from what you I think it should be and sometimes your script. it will turn into something even better, I have to give it space, so what I did was that I started to realize that I made the decision, it is the most important decision, I believe of your life, that I will not suffer anymore, life is Too short to suffer. and i go to live in a beautiful happy state every day and the way i do it is i stop and i start to get that feeling of stress i let it go and i see the eye to pass so your thoughts about this person ruining your business they are not following if i was in a room with 10,000 people i guarantee you sixty to seventy percent of business owners have the same thoughts sometimes right i ask people all the time tell me your most stressful thought, oh I'm worried about my kids, this can happen. how many people have had that thought everyone might not do well financially how many times over the whole world my point is it's not your thought it's the mind it's not your mind when you think it's your mind you identify with it and you can't separate yourself from it yourself, but when you realize that these thoughts have been around for millions of years and I am thinking the same thing that so many people thought before, how many people ever thought that I am going to kill the son of now?

I'm not doing it because you I didn't think you were really going to kill them but you felt it you said it you were there so we all have thoughts it's just the stressful thoughts we think ruin us so what I'm trying to show the people is if you can. start to realize these thoughts have been around for millions of years if i told you a million you know 100 years ago we are going to go to the moon and back you called me crazy if i said a hundred years ago you are going to have a little box like this that it fits in your pocket and you can click on it and you can see what the weather is like anywhere you can click on it and see a live person on the other side of the earth and speak to them by looking at this box and the way it what works is that invisible waves travel around the earth and it attracts invisible waves into the box you go like reading between the lines there is no way you are dumb idiot its never going to happen so what i want you to do Realize that thoughts are invisible when you turn on the TV, it takes invisible waves and it depends Finding on the channel that you are going to watch a love story or an adventure or a drama or a comedy or a horror movie the way you use your body determines which of those waves aces of thoughts run through you one moment you are angry the next moment someone makes you laugh you change your body you change the channel you change what goes through you so what i have tried to do in this beautiful state area is simple first identify where you are suffering what's your favorite flavor are you a warrior are you an angry person what do you do yeah secondly you decide you're going to kill that monster while it's small you're not going to wait until Godzilla takes over the city you're going to break the pattern that you begin to feel. stress you see it as passing thoughts and then you focus on something to appreciate enjoy or love appreciation love and joy destroy suffering you can't be thankful and angry simultaneously you may not be able to be worried and fearful and thankful simultaneously then i will The gratitude of all people is one of the emotions to cultivate that will destroy suffering and that is what we teach people to do.

We have about 10 minutes so I want to make sure I ask the right questions so you end up and one of the things I love in the book that you say success without satisfaction is ultimate failure yeah so it doesn't matter how rich you become with this book or how motivated you are to make money if you don't understand how to live in a beautiful state and you are the richest person in the world you know a lot of billionaires who are miserable i assume this is a big thing and i love that it is in a make money financial book yes because its the last chapter on beauty been because again if we are so motivated to make money i was there when i was in my early twenties thats all i cared about i was obsessed with make money, yes, and overweight, miserable, and in bad relationships, yes, if I don't.

I do not understand how to have fullness and pea. ce inside, then external achievements don't matter, no, and you too will have a hard time maintaining great relationships of any kind because when you know that no matter how good a human being you are, we put ourselves in lousy states we behave in overt and covert ways, it didn't even mean that it messed up our relationships so i felt i would be remiss if i wrote a whole book on finance, showed exactly how to get rich and then didn't show real wealth yeah because there are a lot of people out of the billionaires i interviewed i don't want to be rude unfair in an estimation but i would say the rarest good was someone was happy all the time someone like richard branson is having a time of his life he seems pretty happy no seriously he's honestly mean he's hungry he's motivated he's always it's growing it's expanding it's having fun stay in the phrase give it a tone let's try but i would say e It's the absolute minority.

I tell people what's rarer than a billionaire. is someone who is in a beautiful radio state someone who is happy every day you get a new billionaire in the united states every six days a dime a dozen someone who is really very very happy juicy like my goal now i have a goal different my goal is i want to find ecstasy in every moment i want to find something i am passionate about in every moment and i have been living the last two years religiously in the beginning my 90 second rule should have been like a four hour rule maybe a four hour rule days i was really shit at it but when you do something over and over again it becomes like a muscle right?

And you get good at it and it will make you richer than money, well, but you don't have to choose what you're getting. rich in financial terms and rich and emotional also in spiritual terms I love it too I made a video yesterday and I asked my audience to submit the questions that I was asking you before and I chose a bunch of them and I'll take the best ones I think they are interesting how about no one ever really asked you, so I hope these are new questions to you. This is from Ryan Evers, who said what is the one thing you are still vulnerable to despite all the success you have and what still makes you uncomfortable that a lot of people aren't.

I don't know if there is something that makes me feel uncomfortable. I think you're still vulnerable despite all your success with things. Well, I would say that health is as strong as it is. I had a real health scare last year. I think you know I shared it. you had mercury poisoning and um and mercury mimics dementia so it makes you lose your memory in the middle of a conversation whatever you know i do 50 hour events with 10,000 people and i never forget a thought and i've had it in the last year where I literally don't know where I am and what's going on in the middle ofbeing in the room now no one has seen it or knows it because i ask later because i'm pretty good at hiding it i'm not hiding it but my mind works so fast i can put some g more in there but uh but that's been really hard and then the other part and then you feel vulnerable it's happened twice when i talk to you today not like i said this before because i've done a lot of interviews and then it popped into my head just for a minute i said i'm not sure i said that and just for a moment and i'm not used to it i'm used to being alone here with you or them i'm not in my head so i'm down i went from 123 in mercury on a scale of zero to five it's the highest mercury they measured where they thought it would be it should being dead um and it took me a year and now i'm depressed nine on a scale of zero to five so it's still there but i'm almost done so there's a huge vulnerability in that but i'm not out of physical , I don't really feel that and I'm not as sure as I am indestructible man or something, it's just that everything is a habit, worry is a habit, fear is a habit, I'm pretty comfortable with who I am, you know, I'm 56 years, 57 a few days, life, so I have buried, you know, three fathers and a mother, you know, they told me that I have a brain tumor, I am going to die, I have had companies that were on the edge financially and I was able to turn them around.

I've faced enough things right now, it's not like I'm that strong or cool or anything, it's just that I've faced all of those things so many times that my control threshold is much higher than most people's because you know I got over the how. Do I keep the doors open? I need fifty thousand dollars and I don't have fifty thousand to 5 million at one point 120 million that I needed because two of my partners went bankrupt and they kept me holding the bag so now I'm making 5 billion and I only did it because I crossed those thresholds so that I'm pretty comfortable with most things but I think nk, there's vulnerability in health and I also love my wife so much that I can't imagine losing her and she's in good health but those things would make me feel vulnerable. down that you made the decision to live the life you are living or did it choose you and how do you rationalize the choice when there is so much we can't choose well that is a good question i have very consciously chosen what i want for my life and i keep choosing i really believe that our creator has given us choices and those you know look at their life and say it's not the way they want it and blame god they're barking up the wrong tree you know the resources are within us that's number one but I would say number two, this idea that you know how to rationalize the choice, I don't rationalize the choice, I know it's one of the great gifts of my life and I can do it anytime, can you be the only power? you have is the decision to change anything I know like you your relationship change it change it yourself first or change it you don't like your body change it you don't like it you find it interesting any of us can change if you live in a world that is full of answers you have a website where you can learn from anyone on the planet now you have access to them so i don't see it as a rationalization of choice i think that mindset reveals limitations in the person asking a question i am not being dismissive of that person i am grateful for the question but I want you to know if you're listening you know if I ask everyone watching we all have patterns and I'm a student of patterns the way I can make changes in minutes for people who were stuck for years they are the athletes i have turned around and developed a lot of fame around and you know the quincy jones of the world the pit bulls la serena williams the things The things that I've done with all these people that they're raving about is because I know that whatever you focus on you're going to feel, so I'll give you an example for the person who asked this question and for anyone who will listen, yeah, I'll give you three patterns real quick so you can review yourself for a moment so that one pattern is the focus.

Do you tend to focus more on what you have or what's missing? I'm asking your listeners right now and you, what do you tend to focus on what you have or what you lack? That I have? What do you have? Usually around 70 focus on what is missing. Most achievers focus on what's missing so they can go out and achieve more. Missing time notes so you go to work but if you do it all the time yeah you can achieve a lot like some of these billionaires and they're still voting to say what's missing and so they're not happy.

Another pattern would. Do you usually focus? n what you can control or what you can't control for me can yes and i know that's true with you yes most people it's what they can't control now if you focus on what's missing all the time and what you can Do not control that you are going to be depressed, I don't care if you are on prozac or zoloft or anything else, your depression is not a zoloft deficiency, it is the fact that you were doing something in your mind that causes that depression and If you constantly focus on what's missing and what you can't control and look at a third you tend to focus more on things from the past, present or future, I know you do all three, we all do all three, but which one for you? lets say you spend more time in the past present or future well my old man i would say past and future now after going to a world academy i am very present present and future yeah well no good or bad but the past you can't do anything about it so the more you focus there unless you're learning something from it yeah it's pretty much a waste the present is where the joy is the future is the way you do business well so you anticipate then it's the ability to do this but if you have someone whose pattern focuses on what's missing focus on what i can't control focus on the past you can give them what i have I've seen I've dealt with people like that they're suicidal I went in they've got all the drugs they're on all the antidepressants and they're still depressed actually me I'll ask the audience all the time how many of you know someone who takes in person still depressed 90 why still they are depressed imid that they are having any depression because all the depression does is make them numb but they are still focusing on what is missing they are still focused on what they cannot control they are still focused on the past or the present which is not the way they wanted to be or in inventing a scary future well you'll be depressed no matter what unless you take control of those factors so the answer t or this question is you i don't really see it as a justification i see it as a gift choice is a gift always it is there you can choose what you focus on and what you focus on is what you are going to experience you can focus on the things that make you suffer you can focus on the things that make you feel grateful and of the two gratitude is the best approach not he is a man be family positive thinking approach is smart because when you are in a good state you can solve the problem 10 times better used to convince me that if I am suffering if i'm angry i'm 10 times smarter my brain goes faster and you know what i also found out i'm 10 i'm smarter when i'm not stressed and i enjoy my life too your body doesn't hurt your mind and everyone else you can reach them because you are not defensive two final questions um heather uh podeski podeska says tony is it possible for women to become powerful leaders? without doing without making men feel emasculated and if so that's fine of course it's that he was with uh mary catlin erdos who is the boss of jp morgan she manages look at this people who manage 2.3 trillion dollars with a t is most powerful woman finance for jp morgan and her everyone loves mary everyone i mean everyone at the jp morgan alternative investment conference and i told them 400 people there must have a billion dollar net worth to get in well and everyone there praises mary and the reason is because mary is successful but she's not she doesn't treat me like i'm different because i'm a woman mary thinks she said you know these women aren't in my business and they all tell me it's unfair and that there's a glass ceiling she ain't no glass ceiling for me you know why i don't think so she's going it's a meritocracy you get what you deserve she grew that business 30 jp morgan if you can imagine she grew 30 everyone am a a mary mary is constantly there what makes mary successful is what makes anyone successful, male or female, she is not self focused she is focused on adding more value to other people's lives than anyone else another person and that's the only secret in business to do more for others than anyone else i don't care if you're a man or a woman i don't care i care if you're gay i don't care if you're transgender all that matters in the world in The one that we live today outside of your belief systems is your ability to add value at least in the market, right? everyone has intrinsic value everyone has intrinsic value you have to do anything to be worthwhile as a human being but if you want to be worth your money financially you have to add value you have to develop skills and abilities and do more for others than anyone else person and I can I tell you I have met women in the world's top CEOs who are women they don't have a problem the problem is here now don't get me wrong are there people who will judge someone because they have skin of color or its color? gender or age, of course there are, but we have all been there because everyone has some injustice and who cares if you cling to injustice you are there what you have to do is make your way you will always get ahead if you add value what's your other question um before i ask the last one i want to make sure they get the book this is a game changer again this is a short read for me it took me four hours which for me is very fast so make sure they get the book unshakeable.com i also have to mention my co-author because i've never had a co-author but it's peter luke and i want you to know the reason i chose peter he's the only man in history ever to be chosen you know for three years in a row number one wealth manager in america by barons no one won three years in a row two years in a row by cnbc whose last two years and this year again by fortune and i'm his partner so you know so when or i wrote money master the game one of what i did was donate all the money like i did here but i also wanted to let people know about fees we talked about that briefly and talked about this book fees destroy your wealth and the People have no idea about the little one percent, two percent fees, so I created a site where people could go and they could put in all their accounts and they could see what they're actually paying well and then if they wanted to work with someone and I highly recommend someone to work with someone you can do it on your own but it's usually smart to work with someone but you have to get someone who is talented and you have to share yes who is legally responsible to support you now this is a Of the things you need to know, there are 310,000 financial professionals in the United States, 310 have all the names, financial advisor, wealth, marriage, and wealth, but 90 of them are broker yeah, there's nothing wrong. with a broker, but a broker works for the house and you hear about all the abuses of these financial companies, it's not because they are mean and bad, their goal is to maximize profits for you heirs shareholders you are not a shareholder you are an investor by your own account the only way to get more money for shareholders is by charging more fees so it's all about bust those fees so i put the site together and then recommend trustees people who are not brokers again out of 310 000 there's only 31 000 across the country wow so I put together the questions to do the things to do and the site and recommended ten of these it has seven questions in its assets but when I did my first book the problem was that a bunch of these people who are trustees who are legally responsible like if i told you you buy apples this morning and they buy it tonight for less money they have to give your shares that's how strong the law is but i found Then P ether called me Here's the number one stockbroker you know or the number one registered investment adviser in the country. these guys are abusing i found out some of the biggest guys in the world who are rich investment advisers the 10 is not the 10 they are called double registered it means at one point they tell you i'm here for you they're just paying me a small flat fee of this percentage, but I do not get any commission.

I will not recommend anything, but the best because I do not. I am incentivized. I'm like a dietitian. I don't get paid like a butcher to sell you meat. I'm just showing you what to do in the middle of a conversation. They change hats and become intermediaries. And you don't know it and they sell you a lot. That's horrible, but they do it because they make the most money in that right, sothat I can tell you ten of those, so Peter taught me that, so I kicked everyone off the site and I'm like, Peter, what if you and I become partners?

You are number one in the world but I said go for it I wish you would do something different he does something really special most billionaires have This is called a home office home office is like 10 or 12 people seven or eight people one focuses on his investment one focuses on his mortgages one focuses on taxes and legal because taxes eat up his money yes he builds home offices for businesses just normal business people have like a million of dollars. I convinced him to build an entire division for people as low as fifty thousand dollars. Now he doesn't make money from them, right? one percent, but I said look, do this, go back to the community, you're going to continue to build your brand and we've gone from 17 billion a year ago to 23 billion in Peter's assets, so I'm on his board of directors.

I'm, just so you know, I'm also the head of investor psychology, so if he decides to go and you want me to do a study for you or make a plan for you, he'll do it for free, right? He just goes get a second opinion, calm down, get a second opinion. I'll make a plan for you and then if you want to do business with them, it's less than one percent. donate my money, but I benefit because I'm part of that company, so you know, but you know this is a great way to be able to do a comparison of what else is, yeah, awesome, okay, before the final question. i want to acknowledge you like i always do tony because when i was 16 i went to one of your events in st louis missouri wow that was the only time i did it in st louis missouri it was yeah yeah it was like a hit all day with different speakers yeah , their names are robin, i was there, i met dick vermeil there, he had a simple trump ring, i was there, i actually left just before trunks spoke.

In fact, because he had to go back to class or something, he was 16 years old. And he was in the middle of the floor. There must be 15,000 people there. It was huge. It was full, yes. This was the first time. I have seen you for the first time. I was really on top of your stuff. I had heard of your stuff before, but first I could experience the presence. the hall and for some reason you came over and stood right next to me you didn't look at me i don't remember what you said but i remember the way you made me feel good and it was one of the deepest moments of my 16 years of life wow and i prepared to do what I'm doing today I didn't know I'd be doing what I'm doing impacting millions of people yeah um but I wanted to acknowledge you for being such an amazing powerhouse and being in such a beautiful state right now to show me what's possible for me it's very kind of yes it really touches my healthy heart now 30 33 33 16 to 33 yea that's great the final question I asked you this last time is called the three truths so I'm curious to see if this is different now than last year is yes, uh, it's the last day for you, you know many, many years from now, it's the last day for you and, for whatever reason, your books, your videos, your audios, they all they deleted for whatever reason and you have a pam and a h sheet of paper and you can write your three truths out of everything you know about life, love, business, whatever, the three things you would leave in the world of your most important lessons, what would those three truths be for you?

Yes there are so many pick three but I will pick three at random they are important there is more than this I would say you know the secret of life is to get out of yourself and find a way to add value to others there is nothing more rewarding than doing something beyond yourself. think of one f the things that make me proud to be a human being as human beings will do more for others they care about than for themselves and when you tap into that you have more energy than anyone else you have more joy than you be more enthusiastic because as i always say life supports whatever the reason life matters and there is nothing wrong with supporting yourself i guess everyone supports themselves but when you try to support your family you get different points of view your community the world so i think the idea of ​​being obsessed with learning growing and adding value to me is the most important thing in life because you know the only way we are happy is progressing you know that we grow up and feel alive we give and feel ten times more alive but you have to grow up to have something to give so it would be one two for me it's um i would say if you're alive and you're not having fun you've wasted your life and it's like you every day the g if only find something to appreciate something to enjoy something love something to be thankful for because that feeling of aliveness comes from that gratitude comes from that piece and then i would say third and simplistic as it sounds love is all i want saying i trade the love i have for my wife my children my dear friends my coworkers my audience i trade it for all the money in the world i want to say no amount of money can equal that process but i am grateful to have the money because it allows me to have portable power, you know, I'm dealing right now.

I provide fresh water to 250,000 people a day in india because what kills children is waterborne diseases and it's so easy to solve and I'm going to get that from 250,000 to a million people a day soon I'm on target um you know we're feeding 100 million people a year I'm going to do that for 10 years my 10 year plan and then I'll have a 100 million annuity that keeps making feeding 100 million meals every last year I provided 100 people last year to become doctors because there was a huge shortage looming and he also wanted African Americans who just didn't have the opportunity to have that opportunity.

We live in a world that's not always fair and So I did that um the internet is worthless if you can't read or write so you know I teamed up with uh Elon Musk and with Peter Diamandis and the X award and we did an award educational X we have had. incredible progress where one in seven children in this country or some people in the world can't read or write they are illiterate and 250 million children are illiterate a quarter of a billion the internet is useless when you can't read nor write. there's not enough teachers, there never will be, our demographics don't work or not, so we've got all these companies competing for this 15 million dollar prize that we put out there, which means on an ipad they can teach themselves to read and write and do basic arithmetic in n 18 months out of nothing and it's going to be open sourced so the winner gets 15 million then everyone in the world will have access to it you know that kind of thing you know is the that make you feel alive. they are all expressions of love, I always tell people not to be love, my work is the best gift that I can give someone because it is an expression of my love, and I think that third point is love, it is everything, make sure that each day you strive to be a blessing in the lives of the people you meet that is my daily prayer lord let me be a blessing today right before i go on stage lord

guide

me to be a blessing in the lives of the people I need and more Most of the time, I seem to have made it.

I spent a long time, many years doing it and hopefully many years to come. amazing loving leader you are means a lot to me thank you yes congratulations congratulations on what you built