Breaking Free from Poverty Mindset to Build Lasting Wealth | Robert Herjavec EP 889

The Daily Motivation

Lewis Howes

Education, Self-improvement

4.8 • 893 Ratings

🗓️ 12 February 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

"Show me a small business in trouble and I'll show you an entrepreneur in trouble. It's very, very difficult to disassociate a lazy, unmotivated entrepreneur with a highly successful business." - Robert Herjavec From the halls of constantly changing schools to the heights of entrepreneurial success, Robert Herjavec's journey from immigrant poverty to wealth is rooted in a profound mindset shift that began at age twelve. Growing up watching his father work multiple shifts in manual labor, Herjavec recognized early that while his circumstances were poor, he himself was not. This crucial distinction became the foundation of his success, as he learned that external circumstances don't define personal worth or future potential. The Shark Tank star and successful entrepreneur reveals how energy alone isn't enough to create lasting success. Through his own experience, Herjavec discovered that true transformation begins from within - not through external achievements or possessions. His journey illustrates the power of personal development, highlighting how discipline, proper habits, and continuous learning form the bedrock of genuine wealth creation. As someone who navigated the challenging path from immigrant poverty to extraordinary success, Herjavec's insights offer a masterclass in building wealth through internal transformation.

Transcript

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0:00.0	There are two big things happening at one time that I've never done before.
0:04.5	I'm going on a book tour for my new book, Make Money Easy, and I'm doing a podcast tour at the same time.
0:12.0	It is going to be big, and I'm going to seven cities in 10 days.
0:17.0	Get your friends, get your family, bring everyone you know to these cities. I'm coming to
0:22.3	Austin, Texas, New York, Boston, we're going to Nashville, then we're going to Los Angeles,
0:28.9	San Diego, and San Francisco. Make sure to get your tickets right now. Go to Lewishouse.com
0:34.1	slash tour. Again, bring everyone you know if you're looking to create more financial freedom and abundance
0:39.7	to your life.
0:40.4	And you want to see a massive guest live on the School of Greatness Show.
0:45.1	Get your tickets.
0:46.1	I can't wait to see you there.
0:47.9	Hi, my name is Lewis Howes.
0:49.4	And welcome to the Daily Motivation Show.
1:05.0	Okay. Welcome to the Daily Motivation Show. What is a poverty or poor mindset versus a wealth or abundance mindset? What do they both encompass?
1:07.0	The beginning for me is a poverty mindset is when you believe you're poor, or you believe that you are the cause of the situation you're in.
1:20.6	Or you believe that external circumstances have made you what you are.
1:31.3	I never believed I was poor.
1:35.1	I just believed our current situation was poor.
1:35.3	Really?
1:40.3	So I just, I got to a point where I didn't want to be in that situation anymore. But there was nothing wrong with me.
1:42.9	My mom loved me.
1:47.6	I was a good human being. I just had to get out the situation. So how do you learn then to get out of a situation of, I guess, poverty or not
	...

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