Ray Dalio | How To SURVIVE & THRIVE The Upcoming Financial Crisis! (PREPARE NOW)
Tom Bilyeu's Impact Theory
09/22/22
•111m
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On Today's Episode: The principles you live your life by will either reward you with a life you enjoy living or lead you to a life you want to escape. Whether you consciously choose your principles or operate subconsciously on your default network, principles specific to you are guiding you in the outcomes you achieve.
Ray Dalio is the founder of the world’s biggest hedge fund, Bridgewater Associates which manages over $100 billion. His mission has been to share the principles that have made him wildly successful. He wasn’t born into wealth, so when he shares these principles and lessons he’s found repeatedly successful, you may want to take notes.
This episode is stuffed with foundational ideas and mindset shifts to help you succeed and learn to start thinking from first principles. Understanding how to handle your opinions, how to struggle well, how to separate yourself from doing things that are better done by someone else is your first step to major success.
SHOW NOTES:
0:00 | Introduction to Ray Dalio
0:14 | Prepare for the Recession
33:32 | The Secret to Wealth & Success
52:55 | How to Survive & Thrive
1:20:50 | Adopt the Right Mindset
Follow Ray Dalio:
Website: https://www.principles.com/
Twitter: https://twitter.com/RayDalio
Instagram: https://www.instagram.com/raydalio/
YouTube: https://www.youtube.com/channel/UCqvaXJ1K3HheTPNjH-KpwXQ
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.
Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.
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
Subscribe on Apple Podcasts: https://apple.co/3PCvJaz
Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous Episode
On Today's Episode: Success measured on the grand scale of financial wealth is far from impossible and yet thousands of people struggle with getting there. If you’re starting from nothing and struggling with the fear of failure and the fear of taking the risks necessary to succeed, then this episode is definitely for you.
Alex Hormozi helps businesses scale $10M into $100M, and his book, the $100M Offer, How To Make Offers So Good People Feel Stupid Saying No, will help you start doing the things you need to start from scratch. In this conversation Alex and Tom get granular about cultivating the traits and skill sets you need to increase your chances of success.
Here’s the cheat sheet:
Pick one thing and say no to everything else
Success requires short term sacrifice for the long term achievement
2 skills to master for success are how to advertise and how to sell
Follow the Rule of 100 for guaranteed success
A powerful question to ask yourself right now, according to Alex is this: What do I believe to be true that really isn’t?
Tom shares quotes from Alex throughout you’ll want to note, and he shares his favorite quote at the end and it’s a life changer:
“How to stay poor, assume you’re always right.” Alex Hormozi
“If you want an uncommon life you can’t have common beliefs.” Alex Hormozi
Check out Alex Hormozi book, $100M Offer, How To Make Offers So Good People Feel Stupid Saying No, strongly recommended for anyone scaling to 6 and 7 figures:
https://www.amazon.com/100M-Offers-People-Stupid-Saying-ebook/dp/B099QVG1H8
SHOW NOTES:
0:00 | Introduction to Alex Hormozi
0:11 | Guaranteed Plan for Success
5:11 | Figure Out Failure & Lessons
14:02 | The Right Way to Create Content
20:36 | Traits of the Ultra Successful
34:51 | Masterclass on Million Dollar Sales
47:28 | Uncommon Beliefs for Success
1:00:34 | The Competitive Business Trait
1:10:49 | Moments of Real Fulfillment
1:16:50 | How You Feel About Yourself
1:33:06 | Own Your Circumstances
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.
Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.
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
Subscribe on Apple Podcasts: https://apple.co/3PCvJaz
Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) :
Next Episode
This Is How You CONVERT Your Failures Into SUCCESS | Tom Bilyeu
September 24, 2022
•37m
Failure is an equal opportunist. It’s one of those things every person walking this Earth will face at some point. Failure doesn’t discriminate on color, race, social class, educational level and it damn sure doesn’t care about who you know or what you’ve accomplished in the past. It is faithful and loving enough to stay with you longer than your most embarrassing photo. So why run, why feel bad, and why beat yourself up over it? Tom is sharing some of his biggest failures in this Q & A, and breaking down the exact techniques he’s used to go from lying face down on cheap nylon carpet shamed by failure in film school to cashing in on the mindset that keeps giving, and keeps working hand in hand with every failure.
It is possible to have a loving relationship with failure (that may be a bit of exaggeration) but you can learn to joyfully deal with your failures. Tom’s request to you, is that as soon as you watch this, pick ONE piece of advice, one technique you can try out and DO IT today! Rewatch this as much as you need to, but do make a move and stop allowing failure, shame, and self sabotage to hold you back from reaching the next level to your success.
SHOW NOTES:
0:00 | Introduction
0:51 | Overcome Fixed Mindset
13:06 | Breaking the Failure Loop
20:54 | Learn to Fail Forward
27:45 | Incapable But Not Stuck
31:09 | After Failure Adaptability
Follow Tom Bilyeu:
Website: https://impacttheory.com/
Twitter: https://twitter.com/TomBilyeu
Facebook: https://www.facebook.com/tombilyeu
Instagram: https://www.instagram.com/tombilyeu/
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.
Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.
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
Subscribe on Apple Podcasts: https://apple.co/3PCvJaz
Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
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