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Good Money with Derrick Kinney

Jay Fantom—How to Use Rejection to Fuel You Forward

Good Money with Derrick Kinney

Derrick Kinney

Investing, Entrepreneurship, Business

51.5K Ratings

🗓️ 16 August 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

Jay Fantom explains how four near-death experiences have shaped his life and led to the start of his popular podcast. He shares the simple money advice he received from his grandfather that keeps him financially grounded. If you’re feeling discouraged in your business or your personal life, Jay says you have no control over rejection, but you do have control of how you handle it. He wants you to use rejection as the fuel to move forward!

What you will learn:

  • God has a continuous plan for your life
  • Every story matters
  • Kindness speaks volumes
  • Everyone is a leader
  • Speak your truth
  • Ask yourself tough questions
  • Expect rejection
  • You have options when being generous
  • Have a rainy-day fund
  • Be persistent to remain consistent
  • Use fear for your benefit

Quotes:

  • “Kindness speaks incredible volumes. If you’re kind to someone else, imagine the impact that you can make, how you can make them feel, so then they can go about and be kind to someone else.” – Jay Fantom
  • “Everyone is a leader. So, are you going to be a good one or are you going to be a bad one?” – Jay Fantom
  • “Don’t be afraid to speak your truth, to speak what you believe in and why you believe it, know it, wholeheartedly.” – Jay Fantom
  • “Look yourself in the mirror and see yourself as an individual brand new person, with a brand new idea, and a brand new perspective, and take that to the world.” – Derrick Kinney
  • “You are, and forever will be, valuable.” – Jay Fantom
  • “Because knowledge is power personified, I believe that if you have that knowledge in your corner, imagine what you can do!” – Jay Fantom
  • “I think that’s the key right there- not becoming a slave to money, where your net worth and your self-worth, even more importantly, is solely judged by the size of your bank account.” – Derrick Kinney
  • “It doesn’t matter how much rejection or how many obstacles are faced along the way. The only way you’re going to get through is when you’re persistent and tell yourself, ‘I’m not going to give up.’” – Jay Fantom

Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”

https://goodmoneyframework.com

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Recommended Resources:

  • Thestoryboxpodcast.com

Transcript

Click on a timestamp to play from that location

0:00.0

I think that society has taught a lot of young people that, you know, starting a business is

0:04.7

to be all an end all, you know, the moment you start a business, you've quite made it,

0:08.5

but they don't tell you that it's going to be like, if it does fail, what next, you know,

0:13.7

do you get back up or do you just stay down? And you know, I've had several failed businesses

0:19.3

in the past and each one taught me something unique about my life, but for me, it's always been about,

0:26.4

okay, who am I really?

0:35.1

Welcome to Good Money or we believe money is not bad and good people should have more of it.

0:41.2

Good money in the hands of good people gets good work done. I'm your host Derek Kenney.

0:48.0

Think back to a moment when you felt so discouraged about life, you might even feel that way right

0:53.9

now. Maybe your job was draining. You had some family issues. We're struggling to launch a business

1:00.2

where you just weren't finding the motivation to get out of bed in the morning. You just felt stuck

1:06.4

and you have no idea how to get out of your head. My guest today, Jay Phantom, knows exactly how you

1:12.7

feel. After four near-death experiences facing multiple rejections, second-guessing career moves,

1:20.0

and failed businesses, he gets it. Today, Jay shares the unbelievable story of how he tried to take

1:26.9

his own life and the miracle moment that shifted how he viewed himself and the world. Plus,

1:33.8

Jay reveals how he deals with disappointment and the two pieces of simple money advice he's

1:39.6

lived by for years. At just 24 years old and the host of the incredibly popular, the story box

1:47.3

podcast Jay is spilling fire wisdom and encouragement that I wish I had known at his age.

1:54.8

You're about to get the pep talk you desperately need and I want you to download this episode now

2:00.3

so you can come back to it again and again. If you're ready to stop listening to the critics

2:06.2

and start taking action on a business idea, you'll love this conversation with my friend Jay Phantom.

2:13.9

Jay, welcome to the show. Derek, thank you so much, my friend, for having me on your show.

...

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