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The School of Greatness

5 Ways To Build Wealth [MASTERCLASS] EP 1363

The School of Greatness

Lewis Howes

Entrepreneurship, Fitness, Inspiration, Greatness, Health, Money, Celebrity Interview, Self Care, Celebrity, Success, Mental Health, Relationships, Mindset, Health & Fitness, Education, Alternative Health, Business, Self-improvement

4.821.6K Ratings

🗓️ 16 December 2022

⏱️ 77 minutes

🧾️ Download transcript

Summary

Today’s Masterclass episode is all about how you can start and continue to build your personal wealth. Five experts walk us through common misconceptions around money and why changing your mindset is step number 1 of building your wealth.

Transcript

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0:00.0

Why do people not invest? They're afraid of failing.

0:02.8

Corrections happen all the time, but you need a strategy that when markets go up and down, you don't go up and down.

0:07.6

So I teach people the rules in the games so they don't get screwed, but the most important thing is...

0:12.8

Welcome to the School of Greatness.

0:16.0

My name is Lewis Howe, as a former pro athlete,

0:18.2

turned lifestyle entrepreneur.

0:20.0

In each week, we bring you an inspiring person or message

0:23.7

to help you discover how to unlock your inner greatness.

0:28.0

Thanks for spending some time with me today. Now let the class begin.

0:36.8

Welcome to this special master class.

0:39.4

We've brought some of the top experts in the world to help you unlock the power of your life

0:44.8

through this specific theme today. It's going to be powerful, so let's go ahead and dive in.

0:50.4

Why do people not invest? They're afraid of failing.

0:57.9

They... you're a millennial, right? So you grew up witnessing 2008 when you're still relatively young. How old are you now?

1:04.1

33. Okay, so you were what, 27? What were you? What were you?

1:07.8

2008. Yeah, 27. 27 years old.

1:12.1

So you're a young man and you're watching the world melting down in front of you.

1:16.1

For most millennials, they are the first generation since the generation that went through the

1:20.8

depression that is not investing at the ratio they need to even close.

1:24.8

They have more debt than everyone, probably, right?

1:26.4

With all the... They have more debt than everyone? Absolutely true.

1:29.6

I have a friend that has $400,000 in debt.

...

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