264. Bill Perkins — Die with Zero: Getting All You Can from Your Money and Your Life [Encore Edition]

The Game Changing Attorney Podcast with Michael Mogill

Michael Mogill

Management, Business, Marketing, Entrepreneurship

5.0 • 538 Ratings

🗓️ 16 May 2024

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How many of us can honestly say we're making the most out of life? Are we truly harnessing our energy every day to ensure no moment is wasted? Are we wisely investing our time, money, and health to make every second count? Introducing Bill Perkins, a man dedicated to helping people live fully and find joy in life — before it's too late. In this thought-provoking episode of The Game Changing Attorney Podcast, Bill and Michael explore: How your life is the total of your experiences The unconventional financial advice that might transform your life Why delaying gratification could lead to your greatest regret ---- Show Notes: 02:25 – Why Bill Perkins wrote Die With Zero: Getting All You Can from Your Money and Your Life 04:22 – Who Die With Zero will resonate most with 06:42 – Why the things that fulfill you will change over time 08:28 – How Bill built his financial model (a counterfactual regret minimization algorithm) 10:08 – Why delayed gratification at its extreme is no gratification 12:02 – The power of memory dividends and the ROI on experiences 15:50 – The balance between investing in the future and investing in your well-being today 23:34 – Bill’s message to all the people who say “I love my work, I don’t want to retire.” 32:17 – Economists say “Spend,” and financial planners say “Save.” – who’s right? 33:47 – How to rationalize insurance without sacrificing your present-day fulfillment 39:24 – Why you probably don’t need as much money as you think to fund a great life 45:44 – What a day in the life of Bill Perkins looks like 50:33 – What being a game changer means to Bill Perkins ---- Links & Resources Die With Zero: Getting All You Can from Your Money and Your Life by Bill Perkins Winnie the Pooh Wall Street Ironman Marathon Mount Kilimanjaro The Big Bang Theory (Television show) Seinfeld Game of Thrones Stephen Curry JP Morgan DocuSign ---- Listening to this episode but want to watch it? Check it out on Spotify. Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include: David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O’Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: #249 Codie Sanchez – Maximizing Income: Investment Strategies for Achieving Financial Freedom #187 Dan Martell – Buy Back Your Time: Get Unstuck, Reclaim Your Freedom, and Build Your Empire #233 AMMA – How to Find Meaning In the Journey

Transcript

Click on a timestamp to play from that location

0:00.0	Take the moment to unplug, get off autopilot, figure out what risk you want to mitigate, and see what the best way it is to mitigate that risk.
0:12.0	That's Bill Parkins, renowned hedge fund manager and the best song author of Die with Zero, getting all you can from your money and your life.
0:19.6	I will argue that the best way to mitigate that risk is not you piling up a bunch of cash that you never touch and you die with.
0:31.4	I'm Michael Mogul, founder and CEO of Crisp, the nation's number one law from growth company.
0:36.1	I've built my business through practice,
0:38.0	not theory. Crisp started with just $500 to my name and has grown to over eight figures in
0:42.6	revenue over the last few years, earning a spot on the Inc. 500 list of the fastest growing
0:47.0	private companies in America. Our approach has been to take everything we've learned about generating
0:51.3	massive growth within our own organization and help the country's most ambitious and committed law firm owners do the same for theirs. In each episode of
0:58.4	this podcast, I sit down with innovative market leaders from the legal industry and beyond to learn from
1:03.4	those who thrive in the face of adversity, challenge the status quo, and define what it means
1:07.8	to be a true game changer. Today, we're revisiting one of our most popular episodes from the podcast
1:13.2	where I sat down with Bill Perkins to discuss why your life is the sum of your experiences,
1:18.0	the unconventional financial advice that could change your life for the better,
1:21.3	and why waiting to enjoy your life can end up being the biggest regret you'll ever have.
1:26.0	A lot of people treat this vacation here on earth like it lasts forever.
1:30.3	And when you go on vacation and you know the vacation is going to end, you actually enjoy it more.
1:34.9	You actually get more out of it.
1:36.2	You soak it in.
1:37.2	You savor every moment because you know it's going to end.
1:39.9	But a lot of people are running around busybodying on autopilot, doing the things that they've habituated for them to survive and don't thrive.
1:50.1	That's coming up on the Game Changing Attorney podcast.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Michael Mogill, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Michael Mogill and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.