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Tom Bilyeu's Impact Theory

The 3 Steps to Financial Freedom! (Escape the Rat Race Now) | Wallstreet Trapper (Replay)

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.75.1K Ratings

🗓️ 24 June 2024

⏱️ 132 minutes

🧾️ Download transcript

Summary

If you don’t understand how to manage your money then your chance of achieving financial success and freedom goes to zero. When you don’t know the rules to the game of money it's almost impossible to win. Wallstreet Trapper built the skills he needed to become a fundamental investor, a speaker, a stock market education, and an entrepreneur after doing over 8 years in prison, selling drugs and not having any advantages in life. One of the best things you can consider doing to improve your finances is to get into stocks, learn how to leverage real estate and build a business that generates value. Something you’ll want to consider from this episode: Have you learned the money game Are you prepared to exit the money matrix How can you become an investor What is keeping 99% of people broke [Original air date: 3-30-23]. QUOTES: “Wealthy people do three things. They stop trading time for money, they make their money work for them and they give as much value to people as they can.” “Just coming up in the streets you only see the game from the lowest level, and you look at everybody else in part admiration and part jealousy.” “Being at the bottom teaches you to envy people at the top.” “Once I broke the game down to a way I could understand it, it wasn’t about me being brilliant , it was like how do I make the game winnable for me” “Everybody won’t be able to build a million dollar business, but everybody can invest in one.” “If you’re bold enough to bet on the future and be patient enough to let it take place you will win and you will win big.” “A dollar that’s not moving is a dollar that’s losing.” Follow Wallstreet Trapper: Website: https://www.wallstreettrapper.com/ Twitter: https://twitter.com/Wallstreet504 YouTube: https://www.youtube.com/channel/UCR6hXiWOlFWc46qMFMClKHA Instagram: https://www.instagram.com/wall_street_trapper/ SPONSORS: Head to https://netsuite.com/THEORY for Netsuite’s one-of-a-kind flexible financing program for a few more weeks! For comprehensive financial news and analysis, visit https://yahoofinance.com Visit https://betterhelp.com/impacttheory to get 10% off your first month Explore the Range Rover Sport at https://landroverusa.com Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://drinkag1.com/impact. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/IMPACT to start your free two-week trial. Take control of your gut health by going to https://tryviome.com/impact and use code IMPACT to get 20% off your first 3 months and free shipping. ***Are You Ready for EXTRA Impact?*** If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. *New episodes delivered ad-free, EXCLUSIVE access to hundreds of archived Impact Theory episodes, Tom AMAs, and so much more!* This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. *****Subscribe on Apple Podcasts: https://apple.co/3PCvJaz***** Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In prison, I had a fight with two of my homies in prison.

0:05.0

We fight for like four hours.

0:07.0

Geez.

0:08.0

Back to back. I'm just fighting one after another one.

0:10.0

Like we just fighting.

0:12.0

And I go to solitary confinement,

0:15.0

and at this time all these parish prisons

0:17.0

is considered like one of the worst parish prisons

0:20.0

in the United States of America, right?

0:22.0

And I go to the cell and I meet this white guy.

0:27.8

That was the turning point of my life. I get him a cell with him and I'm frustrated like I'm kind of bust up and he sees me and I guess he's in awe of the idea of so many black people are in this position.

0:47.0

He says something to me, he says,

0:49.8

man, y'all playing a wrong game.

0:56.0

And so in my mind, like I'm fresh, I'm like, man, what the fuck are you talking about? Like, real, like, don't mean you whoop your ass in here right now, like, he's like, no, no, no, it's like,

1:00.0

listen, I don't mean, no harm, no disrespect but y'all like why so I guess he's like

1:05.8

perplexed by this whole dynamic of all of these black men in here and I'm like

1:11.9

what are you talking about, man? Like, this, this,

1:15.1

ain't no game, like, it's real. And so he says something, he said that's the problem.

1:19.5

You don't even know it's a game.

1:21.6

Hmm. And so when he told it, I'm like, it's something about when you're mad and you in the moment, but like something, when it makes sense, it hits you like a ton of bricks.

1:32.0

So I'm like, what?

1:35.1

It was like, man, listen, man, there's a game that's being played

...

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