
Escape the Race: How To Manage Your Money & Achieve Financial Freedom | Wallstreet Trapper
Tom Bilyeu's Impact Theory
03/30/23
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If you don’t understand how to manage your money then your chance of achieving financial success and freedom goes to zero. When you don’t know the rules to the game of money it's almost impossible to win.
Wallstreet Trapper built the skills he needed to become a fundamental investor, a speaker, a stock market education, and an entrepreneur after doing over 8 years in prison, selling drugs and not having any advantages in life.
One of the best things you can consider doing to improve your finances is to get into stocks, learn how to leverage real estate and build a business that generates value.
Something you’ll want to consider from this episode:
Have you learned the money game
Are you prepared to exit the money matrix
How can you become an investor
What is keeping 99% of people broke
QUOTES:
“Wealthy people do three things. They stop trading time for money, they make their money work for them and they give as much value to people as they can.”
“Just coming up in the streets you only see the game from the lowest level, and you look at everybody else in part admiration and part jealousy.”
“Being at the bottom teaches you to envy people at the top.”
“Once I broke the game down to a way I could understand it, it wasn’t about me being brilliant , it was like how do I make the game winnable for me”
“Everybody won’t be able to build a million dollar business, but everybody can invest in one.”
“If you’re bold enough to bet on the future and be patient enough to let it take place you will win and you will win big.”
“A dollar that’s not moving is a dollar that’s losing.”
Follow Wallstreet Trapper:
Website: https://www.wallstreettrapper.com/
Twitter: https://twitter.com/Wallstreet504
YouTube: https://www.youtube.com/channel/UCR6hXiWOlFWc46qMFMClKHA
Instagram: https://www.instagram.com/wall_street_trapper/
Sponsors:
Visit http://www.RealVision.com/ImpactTheory to save 20% on a full year of access to The Real Vision Academy.
Visit http://www.srimu.com/impact to unlock 10% off artisanally crafted NOT cheeses made with plant based ingredients for a delicious new take on the cheeses you adore!
Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase!
Go to http://aura.com/impact for a 14 day free trial to see if your personal information has been leaked online.
Sign up for a one-dollar-per-month trial period at http://www.shopify.com/impact
This episode is sponsored by BetterHelp. Give online therapy a try at http://www.betterhelp.com/impacttheory and get on your way to being your best self.
Go to hostinger.com/impact and use code IMPACT to get 10% OFF your new website!
Are You Ready for EXTRA Impact?
If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.
This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.
Subscription Benefits:
- Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
- New episodes delivered ad-free
- Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
- You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
- Legendary Mindset: Mindset & Self-Improvement
- Money Mindset: Business & Finance
- Relationship Theory: Relationships
Previous Episode
If you’re about that hustle culture life then you’ve either entertained the idea of burning the boats or you already took the leap. Is it necessary though? Is there a link to being successful and leaving yourself no option for retreat?
Matt Higgins has been on Shark Tank as one of the sharks, he’s vice chairman of the Miami Dolphins, guest lecturer teaching at Harvard, and CEO of a private investment firm, RSE Ventures among other things. His success is mind-blowing and at a level very few people ever achieve.
The plot twist is he grew up broke, selling flowers, working at McDonald’s and actually made the decision to drop out of high school at 16 years old! He’s sharing why Burn the Boats, the title of his latest book, isn’t the idea you think it is. Matt points out that 48$ of people have a plan A and believes that when you spend time coming up with Plan B you’re more likely to not even give Plan A the effort it deserves and therefore minimize your chance of success.
This conversation is about getting real with yourself, facing everything that comes your way,and not retreating to Plan B, C or D. The idea that Matt shares is about being so totally committed to your Plan A that success is the only option.
Eliminate choices. Fully commit. Experience new levels of success.
“There’s a gravitational pull of incrementalism because incrementalism is the only thing for which we have data to validate our choices.”
Follow Matt Higgins:
Website: https://www.burntheboatsbook.com/
YouTube: https://www.youtube.com/@BurnTheBoatsBook
Instagram: https://www.instagram.com/mhiggins/
Sponsors:
Visit http://www.RealVision.com/ImpactTheory to save 20% on a full year of access to The Real Vision Academy.
Visit http://www.srimu.com/impact to unlock 10% off artisanally crafted NOT cheeses made with plant based ingredients for a delicious new take on the cheeses you adore!
Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase!
Go to http://aura.com/impact for a 14 day free trial to see if your personal information has been leaked online.
Sign up for a one-dollar-per-month trial period at http://www.shopify.com/impact
This episode is sponsored by BetterHelp. Give online therapy a try at http://www.betterhelp.com/impacttheory and get on your way to being your best self.
Go to hostinger.com/impact and use code IMPACT to get 10% OFF your new website!
Are You Ready for EXTRA Impact?
If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.
This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.
Subscription Benefits:
- Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
- New episodes delivered ad-free
- Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
- You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
- Legendary Mindset: Mindset & Self-Improvement
- Money Mindset: Business & Finance
- Relationship Theory: Relationships
- Health Theory: Mental & Physical Health
- Power Ups:
Next Episode

It is one thing to be the toughest woman in the room and it is entirely another thing to be the toughest person in the room. When you allow yourself to be haunted by past fears and failures you put yourself at a disadvantage and lock your potential away in the safety of a box.
In this episode today, one of the toughest and most resilient people you will ever come across joins Tom to share her insight on what it takes to beat the odds and kick ass, failure after failure. Lupita Nyong’o said, “It’s only when you risk failure that you discover things. When you play it safe, you’re not expressing the utmost of your human experience.” The essence of being a total badass, owning your failure and swinging hard to conquer no one but yourself is what Sarah Robb O’Hagan brings to the table.
Get ready to take action, it’s the only way forward.
FOLLOW SARAH:
Website: https://extremeyou.com/
Twitter: https://twitter.com/ExtremeSRO
Facebook: https://www.facebook.com/ExtremeSarah/
LinkedIn: https://www.linkedin.com/in/sarah-robb-o-hagan-249130
Youtube: https://www.youtube.com/channel/UC47oni1fY5azI3qOnFm_tSQ
SPONSORS:
Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://bit.ly/AG1Impact.
Sign up for a one-dollar-per-month trial period at https://bit.ly/ShopifyImpact and supercharge your business!
Get FREE GROUND BEEF FOR LIFE plus $20 off your first box at https://bit.ly/ButcherBoxImpact.
Get 55% off at https://bit.ly/BabbelImpact and learn a new language today!
Are You Ready for EXTRA Impact?
If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.
This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.
Subscription Benefits:
- Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
- New episodes delivered ad-free
- Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
- You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
- Legendary Mindset: Mindset & Self-Improvement
- Money Mindset: Business & Finance
- Relationship Theory: Relationships
- Health Theory: Mental & Physical Health
- Power Ups: Weekly Doses of Short Motivational Quotes
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