#176 The Zen Millionaire’s Secret to Creating Abundance | Ken Honda on Impact Theory

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.7 • 5.2K Ratings

🗓️ 23 June 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Best-selling author Ken Honda might not be famous in America yet. But in Japan, he has helped millions of people change their relationships with money for the better. On this episode of Impact Theory with Tom Bilyeu, Ken Honda describes the first steps everyone needs to take to start healing their money wounds, and to transform money from something to be feared into something that brings peace and ease. He also goes into exquisite detail on the tough subject of how to find your gifts, and then how to go about making a living with them. This episode is brought to you by: Wagner Spray Tech: https://bit.ly/2WNICDs PATLive: Get 15% off their regularly listed rates. Call 866-708-2507 and mention this podcast. For more information, visit PATLive.com Allform: Go to allform.com/impact for 20% off your order. Skillshare: Explore your creativity at skillshare.com/impacttheory for 2 free months of Premium Membership. SHOW NOTES: The Zen approach is to find satisfaction in what you have instead of seeking more [1:20] Ken’s first lesson about money was to forget about money [2:20] Ken gives a surprising definition of what wealth means [5:12] Money doesn't buy happiness, but it really is powerful [7:04] People are afraid of money because of “money trauma”, often from parents [8:17] The first step to taking control of your money narrative is gratitude and appreciation [12:15] Focus on what you can give, and it what you will attract into your life [15:27] How do you find your gifts, and how do you polish them into something extraordinary? [21:13] Ken asks people literally a thousand questions to help them find their gifts [24:18] Ken describes the way that you can monetize your gifts [26:30] Ken advocates not comparing yourself to other people as a remedy for depression [29:47] Ken shares the story of his upbringing, where he had money but not peace [32:19] Ken shares another story of a man who committed family suicide [36:34] Ken describes how the pain of his father and grandfather fuel him now [39:13] Friendship is more protective than money [41:22] Being in a no-money situation is uncomfortable, but it doesn’t kill you [43:49] Ken describes cultural differences between Japanese and American attitudes [45:53] Ken talks about what he would do if he lost all his money [50:08] QUOTES: “If you start appreciating everything, including money, your life will be filled with money and appreciation.” [4:35] “Wealth is an emotion. It doesn’t really matter how much you have or how much you make.” [5:50] “Most of us are not born with only one gift. We are born with several mediocre gifts...so there are many small gifts, but you have to multiply them. And then you become the one and only!” [22:25] FOLLOW: WEBSITE: kenhonda.com INSTAGRAM: https://bit.ly/2N8Yfjd FACEBOOK: https://bit.ly/3ecxDcY TWITTER: https://bit.ly/30SWgr4

Transcript

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0:00.0	Hey everybody, welcome to Impact Theory.
0:02.8	Today's guest is bestselling author Ken Honda.
0:05.9	An international phenomenon trained by the Warren Buffett of Japan.
0:10.0	He's written more than 50 books on personal finance and sold more than 7 million copies worldwide.
0:16.6	His work bridges the gap between money management and self-development,
0:20.3	and he's the first person from Japan to be inducted into the Transformational Leadership Council.
0:25.4	By putting his own theories into practice, he was able to retire at just 29,
0:30.7	and now spends his time writing, speaking, and publishing on what he's learned about money and human nature,
0:36.6	and helping people develop a healthy and sustainable relationship with their finances,
0:41.1	regardless of the economy.
0:43.0	Ken, welcome to the show, man.
0:44.8	Thank you, Tom. I feel so honored to be here.
0:46.9	It's an early in the morning and you're in evening, and this is more fun doing this.
0:53.1	I love that, man.
0:54.1	And yeah, so you're obviously in Japan right now for anybody wondering, so time zones for us are very, very different.
1:01.4	But really excited.
1:03.0	And one thing I wanted to talk about is that, like, how much of what you're doing, do you think, is uniquely Japanese?
1:10.5	I have been to a lot of places in the world, and there are few places where I felt the cultural difference more palpably than in Tokyo.
1:19.8	And I'm just curious how much that has influenced the way that you think about money?
1:24.3	As you said, my mentors have been teaching me so many things about money, but from a very different perspective, mostly from Zen approach.
1:34.2	So it's not, uh, Western people tend to think that I need more money to be happy, but instead Zen approach is,
1:41.2	how can you find satisfaction in what you have?
	...

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