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The School of Greatness

723 Give to Receive with Russell Simmons

The School of Greatness

Lewis Howes

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

4.822K Ratings

🗓️ 23 November 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

“You have a right to your actions, but never to your actions’ fruits.” - Bhagavad Gita It’s a time of year where we focus on giving. We give gifts, we give back to our communities, and we give to charities. So what does it mean to give? And why is it important? Giving is not just a nice thing to do, it’s critical to your wellbeing. We are all connected- the more you give to others, the more you help yourself. For this Five Minute Friday, I revisited an amazing conversation I had with Russell Simons where he shared how the practice of giving has made him incredibly prosperous. Russell Simmons is an American entrepreneur, record producer, yogi, and author. He co-founded Def Jam Recordings and created the fashion lines Phat Farm, Argyleculture, and Tantris. He is also the founder of Rush Communications. Russell is one of the richest men in Hip Hop, but he didn’t get there by hoarding all of his wealth. He’s learned that the more he makes the world better, the more his own world is improved. He makes the point that good givers are great getters, but you have to give fully without the expectation that it will benefit you. Learn more about Russell Simmons background and why his practice of philanthropy is key to his success in Episode 723. In This Episode You Will Learn: How black entrepreneurs are inspired by their street experiences (1:30) How integration destroyed the fabric of black communities (3:00) Why Russell loves to empower new artists (4:00) Why Russell chooses to give back (5:00) How giving will help you receive (5:30)

Transcript

Click on a timestamp to play from that location

0:00.0

This is 5 Minute Friday!

0:05.6

Welcome everyone to this podcast.

0:12.6

Very excited about this one.

0:14.3

It's with the American Business Magnet Russell Simmons.

0:18.2

He's the chairman and CEO of Rush Communications and co-founded the hip hop music label, Death

0:24.5

Jam, and created a clothing fashion lines, fat farm and tantras.

0:29.7

Simmons most recently launched all-death digital and original content channel on YouTube

0:35.3

with over a million subscribers.

0:37.7

He's also been described as a third richest figure in hip hop.

0:41.6

What did you learn from that whole phase of selling drugs and how to translate it into?

0:49.6

You never know.

0:50.6

I had to tell you a question.

0:52.6

I mean, you never know how bad your life is or what risk you're taking when you're

0:57.5

surrounded by people who seem to be taking greater risks.

1:00.1

I'm not killing anybody.

1:01.8

They're killing people.

1:02.8

You always feel safer than the neighbor who's doing something maybe a little bit more

1:08.0

risky.

1:09.0

But what I learned was you take some $4 sell-up too, especially as I used to have pounds

1:13.9

of weed.

1:14.9

You make so many nickel bags out of a pound of weed.

1:19.3

It's ridiculous.

...

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