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

I made the decision, it is the most important decision, I believe in 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 of everyone doing exactly what? you think they should do the right thing 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 what are the chances of you doing the right thing every day even? If you are talented and disciplined, zero, then your

happiness

will never last as long as it has expectations behind it, welcome everyone back to the school of greatness podcast.

Very excited about our guest Tony Robins. interview number three we've done together, we've done two before, haven't we? The first two got over half a million views on YouTube, you know, hundreds of thousands of audio downloads on some of our main episodes. 450 episodes, so it's wonderful. I'm excited to bring back the third one and for those who don't follow Tony, be sure to follow this guy. He is one of the most inspiring business and life coaches in the world, thank you and also on finances and how to make money and the new book is unbreakable, his

financial

freedom playbook that creates peace of mind in a world of volatility and is truly a playbook, a step-by-step

guide

to mastery, yes, to go from where you are.

financial

ly where you want to be I really wrote it because, you know, I wrote money, master the game and 700 pages, a monster, but my goal was to interview 50 of the smartest financial people in the world, the Warrens hit Carl icons, Doos lightning, best in the world and I wanted to write a book that I could take anyone and take them on the journey or that I could take my multi-millionaire clients on the journey and I became the number one New York bestseller in the New York bestseller.

New York Times. I got excited. and it hurt me, I was going to write another one, the book. Haven WR one book in 20 years and then what happened was I was doing what I just did last week. I was in Whistler, we change locations every year, but I do a financial program where I usually bring in five self-made billionaires in five days and then I bring in 20 speakers, including them and me, and we go deeper, so this year I had to Ray Doio, who is the most

success

ful hedge fund guy in history. in the world produced more money for investors than anyone alive.

I met President Clinton. We had the best guy who became a billionaire in Bitcoin. It was pretty surprising, but a year and a half ago, almost two years ago. I had the Federal Reserve chairman in Allen Greenspan and I spent three hours with him just to get into his psyche, you know, lunch was supposed to last 30 minutes and you, he's 90 years old, he's been, you know, the most powerful man in finance for 19 years and with four presidents. So I put it on stage for two hours and the last question: We're talking about negative interest rates. I mean, if you think about it, we live in a world that never existed before the Wall Street Journal hired history to uncover it.

When was the last time we had negative interest rates? And in 5,000 years of banking history it has never happened that you give them your money and they pay them to give them your money. They have always paid you and then lent you your money and made money. taking money out of it is the craziest thing ever, there are bonds right now, like Toyota has a bond, the bond they are selling for 0.6001, excuse me, at that rate, it takes 69,000 years to double your money, like this that I'm having this conversation with him and you know he's going around and we're talking about things and at the end I finally said that, tell me, what would you do if you were the head of the FED again today?

In this crazy environment, what would I do? you do it and he paused and he paused and he leaned forward and said he was going to quit like that, that didn't exactly liven things up and then I interviewed Howard Marx, who runs Oak Tree Capital in 2008, when the market was going down, he was buying a billion. dollars a week every week because he saw everything that was on sale and he told me this was like six months ago nine months ago Tony said, if you're not confused by what's going on, you don't know what's going on, we in one place which we have never been in financially, I saw a lot of fear and you know we are in the eighth year of a bull market, it is the second largest bull market in the history of the world and we all know there will be a crash, but while you are 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 and a lot of people on the sidelines say it's too expensive, you know? is going to go down, so I thought what I do is write a short book, not 600 700 pages, yeah, make it so they can read it in a weekend or you know, in a long day or a long night, and then I wanted to write a book that was also really A playbook shows exactly what to do, so if you're a baby boomer and you never started, you can still do it or if you know someone who is, let's say, a millennial and you feel like you're a millennial.

I've been through college and you have so much debt and you never get out of it. This is the plan to get out of them, but I really wanted to get rid of the fear. I wanted to show people that there is nothing to fear and do it. not with enthusiasm but with facts and in this book when you read this you will be blown away and I am also giving 100% of the profits. Not a penny comes back to me to feed people because we fed 100 million people for two years. 100 million ago last year, this book will help feed 50 million, so each book feeds 50 people and then I will put matching funds to feed another 100 million people.

We are going to feed a billion people in the next seven years. Is incredible. you're the man huh, what I love about this is that I'm a very slow reader, it takes me forever and it's hard for me to understand it after five pages. I feel like I forgot everything, yes, I read this in four hours, wow, and for me. You know, I've had my own level of financial

success

and I feel like I understand certain parts of it, but there's always more to learn, yes, and I learn a lot because you make it so simple that you break down the most complicated, confusing, and scary stuff.

Things boil down to simple ideas and analogies that anyone can understand, so make sure they understand this again. 100%. Going to feed America is the basis, yes, they will feed it. It is a turning point. I highly recommend it and I have a few questions. For you, some of our listeners asked questions. I'm going to make some of those interesting, but first I want to ask what the difference is between someone who is financially rich and someone who is financially poor. What is the difference? There are many differences. but I would say the first one is someone who is financially rich as an owner, he is not a consumer, he is also a consumer, but when someone is poor, he is a consumer, all he does is take what you know, always tell people that we are all financial traders.

People say I'm not a financial trader. Yes you are. You are exchanging time for money. That is the worst trade you can make in your life. Someone who is rich has made money his slave. You are no longer a slave to money and the way they do it is they figured out how to become owners and the way to do it in the most simplistic way. I even taught it in my first book: you have to decide that there is a percentage of money. The money you're going to keep forever is not going to be given to Kate Spade or Ferrari or anyone else.

You can do that too, but there is a percentage of that income that will never be touched and that will grow and accumulate. provides income for the rest of your life so you don't have to work Now, when I was a kid, everyone's goal was to become rich enough. Look, you'll never have to work now, like all my friends are 158 teens, my older people like uh Steve. wi and most of Las Vegas he's like 74 uh Warren Buffett 85 uh Peter Guin one of my dearest friends in the world owns the Golden State Warriors the LA Dodgers we are partners in the lafc soccer team in La um guys brilliant 74 years old and Everyone is working harder now than ever and they don't have to work so the goal is to make enough money so that you don't have to work and then you will do what you love and spend your time. and energy into it, but you have to make that decision, it's the first most important decision: I'm going to become an owner of American Business, you don't want to have an Apple phone and not own Apple, and you don't want to just own 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 change and I've taught people who told me they couldn't, they would have done it.

There is no money they can't save, it's very easy once you get the momentum going. There's a research project I did with a gentleman who was nominated for the Nobel Prize in behavioral finance and what he did was say, if you can, even you know you need to do it. The ideal would be to save 15%, but if you could save even 3% because anyone can do it, they took a group of blue workers in the Midwest and said: we're going to force you to save 3%, I think It was three and a quarter or three. and a half, but then everyone can go on a diet tomorrow, everyone can save money tomorrow, so their tool was fine, you're not going to save today, you're going to save tomorrow, we'll do the three and a half%, but then you go with your employer and tell him that the next time I get a raise, the first 5% will go into my savings account into my investment account and then every time you get a raise, to do well in 14 years the average person was saving the top 15% and the top 40% were saving on the 20th let me explain to you what that means you and I were together before.

When I try to explain compounding to people, everyone eventually understands it, but when I ask some of the richest people in the world. What is it that most investors are not doing and everyone says they are not harnessing the power of compounding? So if you're in a situation where, as an example, let's take: you have $100,000 that you've saved, you're 35 years old. years and you put it on the market and you leave it there and you never add anything to it if you leave it on the market and they only charge you 1% in fees when you retire 35 years later you got 762 thousand of those 100 they never added a cent they grew so much WoW , but if you pay 3% of the fees, which is the average that most people pay, when you ask them where they pay, they don't know or they say 1% because when you hear about the fees, let's say a mutual fund fee, they always you'll hear 1%, that's the expense ratio, there are other fees, so every 1% you overpay, you know 1% is the average, if you pay two or three, the average mutual fund is 3.12, It sounds like nothing, one or two percent, but every 1% you overpay due to compounding means you lose a decade of income, so the person who paid 1% has $762,000, the person who paid 3 % has $452,000 and owns the same shares, it's just fees, so while we compound our interest.

We also charge compound rates, so if you could save 3% and increase it to 5 1050 or start with 10 or 15 and eventually get to 20, the best example I can give your viewers is that there is a gentleman who worked for UPS who literally He never made more than $114,000 a year, you heard about him in the book and when he retired he had $70 million and he gave away $35 million while he was alive and the reason was because a friend of his put him aside and said look , I'm going to make you rich, he says. I will never be rich. I make 14 grand a year, he says.

I will make you rich. I will make you rich in life and I will do it by buying a 20% tax on your business and he says: I make 14,000 a year. I can't live on 20% less and his friend told him that if the IRS came and said 20% more taxes you would scream and scream and I paid it and he said let's pay it for you and that 20% compounded made $70 million, so for people who are at home, the sooner you start, the better off you will be because compounding is like that. I have an example in the book of a guy who starts at 19, sets aside $300 a month, ends at 27, so he does it for eight years, he just puts I think it was $35,000 and but it's a million dollars coming out. in the market. when you turned 65 and stopped at 28 you have a best friend who starts at 28 he invests his whole life he puts in $180,000 and in the end he has less money the sooner he starts the better it will be yes so many questions i want to ask .

So I want to ask: what's going on? Is there a way to become financially free by simply saying that I will earn more every year instead of investing every year? Can you do without investing at all or do you have to invest and when? Let's say put it in the market, you mean put it in index funds, that's what I'm good at in the book. I explained that you have to have diversification and not just throw it into stocks and you just don't, and what most people do is they go to a mutual fund and think that sounds logical.

I'm not good at this.suffering and I get frustrated, you know, I worry, I get angry, I worry, sometimes 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 suffering as it arises because anyone tells you that ending suffering is full of nonsense the reason is your brain is two million years old and it's not designed to make you happy, it's designed to make you survive, but there's no longer a saber-toothed tiger to react to, so now we worry about what people think of us.

I have enough money and in this country of the United States, if you are in absolute poverty and I hate poverty. We've reached 100 million people a year, so I'm not sitting on the sidelines, but if you make the worst and the least amount of money in this country and you're in total poverty, you're in the top 1% of earners on Earth. . Because 75% of the planet lives on $2.50 a day, so what I'm trying to do is show people that you can't build on failure, you can only build on success, so for the last two For years what I have done is play as a small child. 90 second rule and if I feel tension in me, I'm doing well, that's suffering, where does it come from?

What am I stressed about? It is worring me? What I immediately do is realize the stressful thought since I saw Christian G. I kind of changed. One thing I really do now is dig deeper and notice that the only time you have stress or suffer is when you believe a stressful thought. Yeah, so what would be one or two of the most stressful thoughts that happen to you most often? We all have them well, you can be a great performer and still do it, so what would be two thoughts that appear frequently that stress you out? you know something is wrong in my business or it's not how I want it to look or be or you know someone on my team made a mistake and that makes me look a certain way or you know, there's a sense of loss, yeah, my identity, My ego is like yeah, so what I said to Christian G is, I said Christian G, I said.

I think I found the three triggers for suffering. He goes, what is that? I said. He misses less. Never when you think your mind creates a stressful thought like "Oh my God, it's not my business, it's not going or, oh, this guy ruined this and now me." I have lost something I have lost this opportunity or I have wasted time or I have lost money or it can't be someone else it could be you you could say I couldn't do this I did something or I couldn't do something and as a result I I have lost something I value the importance Trust Love Money Freedom Whatever or you said something or you did something or you didn't do something or I didn't do something or I said something and I feel like I have less love or less money or less freedom the less will make you more those who have the worst is never if you start to believe that because she said that or did that or because I didn't do this or say that I will never have love again I will never be rich I will never be free once you believe it's true CU, you won't start it, you won't solve it, you won't create it, so I'm very sensitive to loss, never anything that triggers that and the antidote is to realize that it's not you, so you I thought about God, you know, my business is stressful, this is going to be, you know, I'm sure I'll make it. , but one more part of you, like this did it, or this guy made a mistake and look, he screwed me over from all of these. things when those things happen and you suffer it puts you in a mode of what you are really suffering like yourself and you were honest about it thank you for that I saw you do it you said you know it well I was thinking this guy did this and it cost me this is the me me the one who makes us suffer yes when a woman says I'm very worried about my children You know, I'm very stressed She is suffering for her children and I will listen to her I will say tell me and she will say Well, they are not doing this, nor that, and I usually turn to her and say, "I hope you can listen to yourself because the real reason you're suffering is not because of you." With kids, it's not because they're not doing well, it's because you think you've failed them, it's about you because otherwise you'd be working on the solution but you're busy beating yourself up by feeling bad thinking about the worst case scenario. the cases. the antidote to suffering the antidote to loss less is never appreciation I always tell people to change their expectations for appreciation your whole life changes so I was giving this talk here before and I shared with them my experience and I'm lucky to have my own.

You know the private jet by now, but it's an InterContinental jet, so I can fly directly to China. It is larger than a Gulf Stream. It's a global Express, so it's like having your own bed in heaven. Office. Heaven. It's just amazing, a top spot there last time. That's right, I forgot about that, so it's funny, so you get the feeling that it's cool, but up until that point I was chartering flights, but half of my business was overseas and it's like you know $400,000 to fly to Australia and return in a Gulf Stream, so no. It does not make any sense.

I finally got it right. I sold a couple of companies and made a couple hundred million dollars. I went and bought the plane, but before that I would be very stressed getting on Quantis Airlines to fly to Australia first class. I'm very stressed because in my head I go, there is no Internet. I'm offline for 14 hours. I have 31 companies. I mean, I have this list of calls, texts, shorts, and emails, and when I get there, it's going to triple. right size, I would be very stressed and then one day I asked myself what's so stressful about sitting or lying down when you have a bed, you know, even on a commercial flight like that in first class and I realized what an idiot I am. but it still got me, you would still suffer and I remember one of the last times it happened before I got on my plane, ironically, they announced on air that they said uh uh ladies and gentlemen, we are proud to announce that we have international interns. and it was like God came off the plane, we were all clapping and clapping, it's so wonderful, right, and then in about 9 minutes the thing broke, oh man, yeah, everyone's there, everyone's mad and they're like, oh , that is, I can't believe it.

I'm holding on to this and tell a story because 9 minutes before it was a miracle now after 9 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 everything I had What I had to thing to do was have this around and I could lose my happiness because 31 companies, 1,200 employees, you know, five continents, I think so, five continents, now seven divers, what are the chances that right now someone is ruining something with that many employees? and so many companies? % probability 100%, so all I had to do was wait, open and find the P there.

It's like he can't believe what the hell is happening to him. I realized that all I had to do is have my phone to be stressed. If that's true, my happiness is so cheap because what are the chances that everyone will do exactly what you think they should do the right way every zero zero day? What are the chances that the people you love will do what you want them to do the way you want them to? to do them every day Zero what are the chances that you will do the right thing every day even if you are talented and disciplined? zero then your happiness will never last as long as I have expectations behind it, don't get me wrong, I have businesses I run them, we manage them, but I know that people are going to make mistakes or that my idea is different from what I think it should be and, sometimes, Your mistake will turn into something even better.

I have to give him space, so what can I do? What I did was that I began to realize that I made the decision, it is the most important decision, I believe in your life, that I am not going to suffer anymore. Life is too short to suffer and I will live in a beautiful state every day and every way. I do it, I realize it and I start to have that feeling of stress. I let it go and I see the ID pass, so your thoughts about this person ruining your business or not failing if they were in a room with 10,000 people, I guarantee it. 60 70% of business owners have the same thoughts sometimes, right.

I ask people all the time, tell me what your most stressful thought is. Oh, I'm worried about my children. This can happen. How many of you have had? that thought everyone uh I may not make it financially L how many had that everyone? My point is that it is not your thought, it is the mind, not your mind, when you think it is your mind, you identify with it and you cannot separate yourself from yourself, right, but? when you realize these thoughts have been around for millions of years and I'm thinking the same thought that so many people have thought before, how many people ever thought I'm going to kill this motherfucker and now you didn't?

Do it, you 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 that we create that ruin us, so what I try to show people is If you can begin to realize that these thoughts have been around for millions of years, if I told you a million years ago, you know eleven hundred years ago that we were going to the moon and when we came back, you would call me a lunatic or crazy if I said 100 years ago. you would have a little box like this that fits in your pocket and you can click on it and see the weather anywhere, you can click on it and see a live person in the other. side of the earth and talk to them looking at this box and the way it works is that invisible waves travel around the earth and it attracts invisible waves into the Box, you read between the lines, there is no way, fool, idiot, it will never do it.

This happens, so what I want you to know is that thoughts are invisible waves. When you turn on a television, invisible waves are generated and, depending on the channel, you will see a love story, an adventure, a drama, a horror comedy or a horror movie. The way you use your body determines which of those thought waves pass through you. One moment you're angry, the next moment someone makes you laugh, you change your body, you change the channel, you change what goes through you, so you do it. that I have tried what to do in this area, the beautiful state is simple, yes, first identify where you are suffering, what is your favorite flavor, are you a worrier, are you an angry, stressed, angry person, what do you do, second place, you die, you're going to kill that monster. as long as it's small, you're not going to wait until Godzilla takes over the city, you're going to break the pattern, you start to feel the stress, you see it as thoughts passing by and then you focus on something to appreciate and joy or love. love and joy destroy suffering, you cannot be grateful and angry simultaneously, you may not be able to be worried, fearful and grateful simultaneously, so I tell people that gratitude is one of the emotions to cultivate that will destroy suffering. suffering and that is what we must do. teach people how to do it, we have about 10 minutes, so I want to make sure we asked the right question so that you end up with U and one of the things that I love about the book that you say is that success without satisfaction is the

ultimate

failure, yes, and so it is.

It doesn't matter how rich you get from this book or how motivated you are to make money if you don't understand how to live in a beautiful state and you're the richest person in the world, you know plenty of billionaires who are. miserable I guess that's right this is a big deal and I love that it's in a book about making money financially yeah because it's the last chapter on the beautiful state because again if we're that motivated to make money I was there when I was in my early 20s. that's all I cared about, I was obsessed with making money, yes, and I was overweight, miserable, and in bad relationships, yes, if I don't understand how to have satisfaction and inner peace, then external achievements don't matter, no, and you.

Also, you will find it difficult to maintain good relationships of any kind because when you know, no matter how good a human being you are, when we are in lousy states, we behave overtly and covertly, not even wanting to ruin our relationships. So I felt like I would be remiss if I wrote a whole book on finance and showed exactly how to get it and then didn't show you real wealth because there are a lot of billionaire people that I interviewed and I don't want to do that. It would be unfair and unfair, but I would say that the rarest good is that someone was happy all the time.

Someone like Richard Branson is going through a moment in his life. He seems quite happy. No, he really is. Sincerely. He is hungry. He is motivated. It is always growing. It is expanding. he's having fun with his favorite line, give him a tone, let him try, but I'd say he's in the absolute minority. I tell people that it is rarer than a billionaire to be someone who is in a beautiful state every day, someone who is happy every day. get a new billionaire in the United States every six days Diamond does it someone who is really very very happy juicy like my goal now I have a different goal my goal is I want to find ecstasy in every moment I want to find something I'm passionate aboutevery moment and I've been living that the last two years religiously at first my 902 rule should have been like a 4 hour rule or maybe a 4 day rule.

I was really shit at it, but when you do something over and over again it becomes like a muscle, and you get good at it, it will make you richer than money, but you don't have to choose: you will be rich financially and rich in emotional and spiritual terms. I like it too. Yesterday I made a video and I asked my audience to submit the questions that I was telling them before and I picked a bunch of them and I'm going to take the first ones that I think are interesting and that maybe no one has ever asked.

Hopefully, hopefully, these are new questions for you. This is from Ryan, who once said what's the one thing you're still vulnerable about despite all the success you have and what's still bothering you that a lot of people don't know about. Is there anything that makes me uncomfortable? Why are you still vulnerable despite all your success? I would say that health is so strong. I had a real health scare last year. I think you know I told you. It had mercury. poisoning and um and Mercury mimics dementia, so it makes you lose your memory in the middle of a conversation, which you know, I do 50 hour events with 10,000 people and I never forget a thought and I've had for the last year that I literally don't. do.

I don't know where I am and what's going on in the middle of being in the room now no one has seen it or knows um why I ask later because I'm pretty good at not hiding it, but my mind works so fast that I can put something else in there, but um , but that has been very hard and then the other part and then you feel vulnerable. It happened twice when I was talking to you today, like I said this before because I've done a lot of interviews and so it popped into my head just for a minute I said I'm not sure I said that and so just for a moment and I'm not used to That's it, I'm used to being here alone with you or with them.

Not in my head, so I'm depressed. I went from 123 on Mercury on a scale of 0o to five. It was the highest Mercury they measured where they thought it would be. I should be dead, um and it took me a year and I'm down. now nine on a scale of zero to five, so it's still there, but I'm almost done, there's a lot of vulnerability in that, but I'm not out of the physical. I don't really feel that way and I'm not being like that. I'm indestructible or something it's just that everything is a habit worrying is a habit fear is a habit uh I'm pretty much like who I am you know I'm 56 I'll be 57 in a few days um you know I've lived a lot of life so I buried, You know, three fathers and a mother, they told me I have a brain tumor, I'm going to die, I've had companies that were close to the financial limit and I was able to turn them around.

I've faced enough things at this point and it's not that I'm that strong or cool or anything it's just that I've faced all those things so many times that my threshold level of control is much higher than most people's because, you know, I managed to overcome the How do I keep the doors open? I need 50,000 and I don't have 50,000 to 5 million to 1 point 120 million that I needed because two of my partners went bankrupt. and they held me holding the bag until now I'm making five billion and I only did it because I crossed those thresholds so I'm pretty comfortable with most things but I think there's vulnerability in health and I also love my wife.

So much so that I can't imagine losing her and she is in good health, but those things would make me feel vulnerable. Thanks for sharing. I love it. David Haywood said: Do you really believe deep down that you made the choice for the life you are living? Or did he choose you and how do you rationalize the choice when there are so many things we can't choose well? That is a good question. I have very consciously chosen what I want for my life and I continue to choose. I truly believe that our creator has given us options and those you know look at his life and say it's not how they want it and blame God, they are barking up the wrong tree.

You know that the resources are within us. That's number one, but I would say that number. two, this idea, you know, rationalize the choice. I don't rationalize the choice. I know it is one of the great gifts of my life and I can do it at any time. So can you? The only power we have is the decision to change anything that you don't like in your relationship change it change it yourself first or change it you don't like your body change it you don't like your finances CH any of us can change it we live in a world full of answers you have one network where you can learn from anyone on the planet now that you have access to them, you know?

I don't see it as a rationalization of the choice. I think that mentality reveals limitations in the person asking the question. I'm not being derogatory to that person. I'm grateful for the question, but I want you to know that if you're listening, you know that if I asked 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 stagnant. For years, athletes have turned around and developed a big man of fame and you know the Quincy Joneses in the world, you know the pit bulls, Serena Williams, the things that I've done with all these people that they love are because I know that, whatever it is. you focus on what you're going to feel, so I'll just give you an example for the person asking this question and for anyone listening, yeah, I'll give you three patterns real quick so you can check it out for a moment.

The pattern is a focus. Do you tend to focus more on what you have or what you lack? I'm asking you and your listeners right now, do you tend to focus on what you have or what you lack? That I have? What do you have? Great when I ask. This in a room usually around 70% focus on what is missing, most achievers focus on what is missing so they can go out and achieve more right things, there is nothing wrong with that, but when you put these patterns together, It's really hard to be happy when we are constantly focused on what is missing, there is a time when what is missing, so you go to work, but if you do it all the time, yes, you can achieve a lot like some of these billionaires and they are still there. saying what is missing and then they.

You are not happy, another pattern would be: do you tend to focus on what you can control or what you cannot control? For me, yes, and I know that's true with you, yes, most people are what they can't control now if you focus on what's missing all the time and what you can't control, you're going to be depressed. I don't care if you take proac or zolof or anything else, your depression is not a zoff deficiency, it's the fact that you were taking something in your mind that is producing that depression and if you constantly focus on what is missing and what you can't control and you add a third party, do you tend to focus more on things in the past, present or future?

I know yes. the three of us all do the three, which one would you say you spend the most time in the past, present or future? Well, my old self would say past and future now, after going through a World Academy in very present, present and future. well, yeah, well, there's nothing right or wrong, but in the past you can't do anything about it, so the more you focus on it, unless you're learning something from it, yeah, it's practically a waste, the present is where the joy is, the future is how. you do business well, so you anticipate, then it's the ability to do this, but if you have someone whose pattern is to focus on what's missing, focus on what I can't control, focus on the past, m mhm, you can give it to them.

I have seen it. I have dealt with people like that who are suicidal. They come in, they take all the medications they take, all the antidepressants, and they're still depressed. In fact, I ask in the audience all the time how many of you know someone who takes a depressed and still depressed 90% of the room will raise their hand you know, you know the people, I'm sure the people are home fine, Why are they still depressed if they are taking a depressant? Because the only thing the depressive does is make you numb, but they are still focused on what they lack, they are still focused on what they cannot control, they are still focused on the past or the present, that is not the way they wanted to be. or inventing a scary future, well, you're going to be depressed, it doesn't matter. what, unless you take control of those factors, then the answer to this question is you.

I don't see it as a justification. I see it as a gift. Choice is a gift. It's always there. You can choose what you focus on and what you focus on. In 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 grateful, and of the two, gratitude is the better approach, it is not a Mambi pamy positive thinking approach. , it's smart because when you're in good shape you can solve the problem 10 times better I used to convince myself that if I'm suffering if I'm angry I'm 10 times smarter my brain goes faster and it does it but you know what I also found I'm 10 times smarter when I'm not stressed and also enjoying my life.

Your body does not harm your mind and everyone else you can communicate with because they are not defensive. Two final questions um Heather uh peski Fishing says Tony, is it possible for women to become powerful leaders without making men feel emasculated and if so, how well, of course, I was with Mary Count Erdos, who She is the director of JP Morgan, she manages, look at this, people who manage 23 trillion dollars? with the most powerful woman in finance at JP Morgan and her Everybody loves Mary, everyone, I mean, everyone at the JP Morgan alternative investment conference, I told you there were 400 people there, you had to have a net worth of a billion dollars to enter well and everyone.

There is praise about Mary and the reason is because Mary is successful, but she is not, she doesn't treat me like she is different because I am a woman. Mary has a belief, she said all these women are not in my business and they all say. to me it's unfair and there's a glass ceiling she goes there's no glass ceiling to me you know why I don't believe it she goes it's a meritocracy you get what you deserve she grew that business 30% JP Morgan if you can imagine well she grew 30 % Everybody Loves Mary Mary is constantly there.

What makes Mary successful is what makes any man or woman successful. She doesn't focus on herself, she focuses on adding more value to other people's lives than anyone else and that's the only secret in business. Do more for others. than anyone else I don't care if you're a man or a woman I don't care if you're gay I don't care if you're a transvestite I don't care if you're you know you You're not gay, no, I don't care what you are, the gender young or old, all that matters in the world we live in 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 don't have to do anything to be valuable as a human being but if you want to be valuable financially you have to add value you have to develop skills and abilities and do more for others than anyone else does and I can tell you that I have met women among the top CEOs in the world who are women, they have no problem, the problem is here right now, don't get me wrong, are there people who will judge someone by their skin color or their gender or their age, Of course there are, but we've all been there, everyone has some injustice and who cares if you hold on to injustice, you're there, what you need to do is break.

You will always achieve great progress if you add value. What is your other question? Before I do the last one, I want to make sure you get the book. This changes the rules of the game again. It's a short read for me. It took me four four. hours, which for me is very fast, so make sure you go pick up the book Unshakeable oncom. I should have also mentioned my co-author because I've never had a co-author, but it's Peter Maluk and I want you to know why. I chose Peter, he is the only man in history chosen three years in a row as the number one wealth manager in America by Barons.

Nobody won three years in a row. Two years in a row on CNBC. It was the last two years. and this year again fortunately and I'm a partner, so you know, when I wrote money. Master the game, one of the things I did was donate all the money just like I did here, but I also wanted people to know about the fees. We talked about that briefly and we talked about this book: Fees destroy your wealth and people have no idea about the little 1% to 2% fees, so I created a site where people could go and they could enter all their accounts. and see what they were doing.

They're really paying well and then if they wanted to work with someone and I highly recommend that someone work with someone, you can do it yourself, but generally it's smart to work with someone, but you have to get someone who is talented and they have to be legal. responsible for supporting you now this is one of the things you need to know there are 310,000 financial professionals in the United States 310,000 have all the names financial advisor wealth manager but 90% of themThey are brokers, there is nothing wrong with a broker, but a broker works to walk into the house and find out about all the abuses of these financial companies, it is not because they are bad and wrong, their objective is to maximize profits for their shareholders, not You're a shareholder, you're an investor on your own, the only way to get more money for shareholders is to charge them more fees, so it's all about busting those fees, so I put the site together and then I recommended fiduciaries, people who are not runners again, out of 310,000, there are only 31,000 in the entire country.

Wow, so I put together the questions asking what to do and a place and I recommended 10 of these people. You have seven questions to ask. I do, but when I did my first book, the problem was that a group of these people who are fiduciaries and who are legally responsible. like if they told you that you buy Apple this morning and they buy it tonight for less money, they have to give you your shares. That's how strong the law is, but then I found out that Peter called me. Peter is the number one running back, you know, the number one running back.

Register as an investment advisor in the country, so I thought I heard him and he said, I want to meet you. There are some great areas of the law that these guys are abusing. I discovered that some of the biggest guys in the world are registered investment advisors. 10% are not 10% they are called properly registered it means that in a moment they are telling you I am here for you you are only paying me this small flat rate or this percentage but I do not receive any commission I am not going to recommend you anything except the best Because no, I'm motivated.

I'm like a dietician. They don't pay me like a butcher to sell you. I'm just showing you what to do and in the middle of the conversation they change their hats and become brokers and you don't know it and they sell you a bunch of it, it's horrible, but they do it because they make the most money from it, so I can I tell you 10 of those, so Peter taught me that, so I kicked everyone off the site and said, Peter, what if you and I became partners? You're number one in the world, but I said do it.

I would like you to do it. something different he does something really special most billionaires have what's called a home office the home office is like 10 or 12 people seven or eight people you focus on your investment you focus on your mortgages you focus in taxes and legally because taxes eat up a lot of your money, yeah he built home offices for businesses, just normal business people have like a million dollars, right? I convinced him to build an entire division for people for just $50,000, now he doesn't make any money from them, does he? CU, you get less than 1% 85 basis points less than 1%, but I said, look, you do this, you 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 assets. from Peter, so I'm on his board of directors, yes I am, so you know I'm also the head of investor psychology, so if you decide to go and you want him to do a study for you or a plan for you. he will do it for free just go get second opinion.com get second opinion.com he will make a plan for you and then if you want to do business with him it's less than 1%.

If you don't, you can do it on your own, but I want you to know that if you do, it benefits you. I donate my money, but I benefit. It's because I'm part of that firm, so you already know that, but you know this is a great way to be able to make a comparison with what else is out there. Yes, incredible, okay. Before the final question, I want to acknowledge you as always. Tony, when I was 16 I went to one of your events in St Louis Missouri. Wow, the only time I did it in St Louis Missouri was like that, yeah, it was like a success.

I talked all day, all day, with different speakers. Was Trump there? there I met Dick see there he had a simple ring Trump was there In fact, I left right before Trump spoke actually because he had to go back to class or something. He was 16 years old and he was about halfway down the floor, there must have been 15,000 people there. It was huge, it was packed, yes, this was the first time I really saw you, the first time I was really aware of your stuff, I heard of your stuff before, but the first time I experienced the presence, yeah, and in a moment you walked across the stage and through the aisles and I was sitting right next to the aisle and for some reason you came up 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 and it was one of the most profound moments of my 16 years of life.

Wow, and he prepared me to do what I'm doing today. I didn't know I'd be doing what I'm doing. I'm impacting millions of people, yeah, um, but I wanted to recognize you for being an incredible source of energy and being in a beautiful state in that moment to show me what's possible for my life. Very kind of you, it really touches my heart. How old are you? now 30 33 33 16 to 33 that's great the final question I asked you last time is called the three truths and I'm curious to see if this is different now than last year is is this a last day for you I know that within many years it will be the last day for you and for some reason your books, your videos, your audios, they will all be erased for whatever reason and you have a pen and a piece of paper and you will be able to write your three truths. everything you know about life, love, business, whatever three things you would leave to the world, your most important lessons, what would those three truths be for you?

God, there are so many, pick three, but I'll pick three at random, they're important. There is more than this. I would say you know the secret to life is to get outside of yourself and find a way to add value to others. There is nothing more satisfying than doing something beyond yourself. I think that's one of the things that makes me proud. Being a human being means that human beings will do more for others that they care about than they will ever do for themselves and when you take advantage of that you have more energy than anyone else, you have more joy, you have more emotion because, as I always say the Life supports whatever reason in life it supports and there is nothing wrong with supporting yourself.

I support myself. Everyone supports them, but when you try to support your family you get different points of view of your community and the world, so I think the idea of ​​being obsessed with learning grows and Adding value to me is the most important thing in life because you know that The only way to be happy is to progress, you know that we grow and feel alive, we give and we feel 10 times more alive, but you have to grow to have something. giving so it's going to be one two for me is um I would say if you are if you're going to be alive and you're not enjoying it, you've wasted your life it's like every day the gift is. find something to appreciate something to enjoy something to love something to be thankful for because that feeling of vitality comes from that gratitude comes from that peace and then I would say thirdly and as simplistic as it may seem, love is everything, I mean, change the love I have with my wife, my children, my dear friends, my co-workers, my audience.

I'll trade it for all the money in the world. I mean, no, no amount of money can match that process, but I appreciate having the money because it allows me to have portable power. I can, you know, I'll take care of it right now. I provide fresh water to 250,000 people a day in India because what kills children is water borne diseases and it is very easy to solve and I am going to get that from 250,000 to a million people a day soon I am in the goal, you know, we're feeding 100 million people a year. I'm going to do that for 10 years, my 10e plan and then I'll have a 100 million annuity that continues to feed 100 million meals every year um uh, I provided a hundred people last year to become doctors because there's a giant shortage coming. and I also wanted African Americans who just didn't have the opportunity to have that. opportunity we live in a world that is not always fair and that's why I did it, um, I'm uh, the Internet is worthless if you can't read and write, so you know, I partnered with Elon Musk and with Peter Diamandis and the former award and we did an education exercise in which we have had incredible progress in which one in every seven children in this country, one person in the world does not know how to read or write, they are illiterate and 250 million children are illiterate in a quarter of century. billion The Internet is worthless when you can't read or write, so there aren't enough teachers, there never will be, our demographics are useless or S, so we have all these companies competing for this 15 million dollar prize that we give out. which means on an iPad they can teach themselves to read and write and do basic arithmetic in 18 months from scratch and it will be open source so the winner will get 15 million and then everyone in the world will have access to it, already You know, those guys. of the things you know are the ones that make you feel alive, you know you are, if they are all expressions of love, I always tell people not to be love, my work is the greatest gift I can give someone because it is an expression of my love and that is why I believe that the third point is Love is everything.

Make sure that every day you strive to be a blessing in the lives of the people you know. 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 people like me and most of the time I seem to succeed. J spent a lot of time, a lot of years doing it and hopefully there will be a lot of years ahead doing it. Well Tony, make sure you go pick up the book, Tony, thank you for being the amazing loving leader that you are, it means a lot to me, thank you, I appreciate it, congratulations on what you built.