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Wellness + Wisdom Podcast

Mike Dillard | Abundance Formula: How Your Limiting Beliefs Control How Much Money You Make (special r/p)

Wellness + Wisdom Podcast

Josh Trent

Education, Self-improvement

4.8 • 913 Ratings

🗓️ 6 August 2024

⏱️ 105 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Wellness + Wisdom Episode 662

This is a special replay of episode 555 with Mike Dillard.

Are you aware of your purchase habits and beliefs around money?

In this episode, you will learn how your self-worth defines your relationships with money, why you need to search for success within yourself, and why you need to master one skill in order to generate sales.

"If you don't have a conscious plan for your money that means it's not being appreciated, respected, and looked after. It will go to somebody else who does appreciate it, respect it, desire it, and want it." - Mike Dillard

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Listen To Episode 662 As Mike Dillard Uncovers:

[01:30] Self-Made Man: Wealth, Disease + Transformation

[21:10] Spiritual Awakening + Removing Limiting Beliefs

[35:00] Success Comes From Honest Actions

[52:45] Making Money Can Be An Addiction

  • What Mike learned from the mother of his child.
  • Kolbe Test
  • Why most entrepreneurs have an addiction to adrenaline.
  • Richer Every Day
  • Procrastination is an encounter with a limiting belief.
  • The emotional and financial connection.
  • How neurochemistry influences our purchase decisions.
  • Inverted dopamine response.
  • Why shopping uses the same mentality as hunting.

[01:21:45] Subconscious Programming Around Money

Power Quotes From The Show

The Key to Making Money

"The key to making money is to forget everything outside of you. What skill do you have that you can master that will solve some of these problems and then how do you solve the problem for some of these people at scale?" - Mike Dillard

Our Biology Is Used Against Us

"The media and corporations have basically weaponized their knowledge of our biology against us which has made it really difficult for people to have mass wealth here in our country." - Mike Dillard

You Need to Have a Plan for Your Money

"If you don't have a plan for your money, it will fall under the hands of someone who does have plans for your money. They have not only plans for your money but some of the smartest people on the planet whose full time job is to figure out how to extract your money from your hands and put it into theirs. And they have some of the most sophisticated equipment in the form of AI on the planet to do that as well. There's a war with an unprecedented level of sophistication that is being waged against you as a consumer every single day to extract your money from your bank account and put it in somebody else's. - Mike Dillard 

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About Mike Dillard

Mike Dillard | Richer Every Day: How To WIN The War on Your Money + Mind (Freedom From Fear)

Mike Dillard is an entrepreneur who got his start in the network marketing industry while in college at Texas A&M University.

At the age of 26, he wrote his first book called "Magnetic Sponsoring" which has sold more than 200,000 self-published copies, and became his first 8-figure business.

In 2010 he founded a financial education company called, "The Elevation Group" in order to teach others how to achieve financial freedom through investment strategies commonly reserved for the wealthy. The Elevation Group has over 50,000 clients in 60 countries around the world.

Combined, his businesses have produced more than $50 Million in revenue without outside funding.

Today Mike dedicates his time to mentoring other entrepreneurs on business development, marketing, and investing, so they can have the greatest impact possible.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, podcast world, this is Josh Trent. This is Wellness and Wisdom. You've made it to the place where we take an honest look at the ways we nourish ourselves or starve ourselves. But we nourish ourselves here in the physical,

0:12.6

mental, emotional, spiritual, and financial ways

0:15.2

that we all signed up to master here on planet Earth.

0:17.3

Look, I call it the Willness Pentagon.

0:19.1

It's a lens shaped like a Pentagon

0:21.0

that I see my and your life through. We're either thriving or one of those five sides or multiple five are robbing us of our vitality, of our energy.

0:30.0

You know, the more I look at the landscape of the world and the uncertainty right now and also what I have struggled with the most in my own life

0:38.3

That is a money wound a financial wound unless we are fortunate enough to be born into a situation where

0:46.8

our father, our mother, our lineage brought forth financial abundance both physically

0:51.6

and mentally, dollar bills and way of being,

0:54.6

it's very challenging in this world to get over the wound of money because we've all been

0:59.6

told things like money doesn't grow on trees, rich people are bad, money won't buy you

1:03.8

happiness and so on and so on and so on. These terrible adages, these negative

1:09.8

mindsets, all they do is further perpetuate. They literally just further perpetuate people being broke.

1:15.8

And you see this money mindset fall into many aspects of life.

1:19.4

It's a way that people show up in relationship, how people can either spend or not spend time with their

1:25.5

children, their families, how people have a negative slant towards the world.

1:30.2

I think I was listening to a podcast once and somebody described it perfectly.

1:33.7

They said, when it comes to money, you either have it or you don't.

1:37.6

And when you have it, you can breathe.

1:40.0

It's as if an elephant has released its weight from your chest when you don't have it.

1:44.0

It's like being in fight or flight all day long.

...

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