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The Iced Coffee Hour

The Biggest Lies You’ve Been Told About Money | Tom Bilyeu on Wealth, Love, and Poverty

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6679 Ratings

🗓️ 23 October 2023

⏱️ 99 minutes

🧾️ Download transcript

Summary

Netsuite: Take advantage of NetSuite’s FREE KPI checklist: https://www.netsuite.com/ICED Streamyard: Start creating high-quality content easily with https://clickurl.ca/ICH-StreamYard NEW: Join us at http://www.icedcoffeehour.club for premium content - Enjoy! Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! TIMESTAMPS: 00:00 - INTRO 00:43 - You need to keep your ego in check 06:12 - Understanding business at a high level 11:30 - Lessons from 650 self-help books 15:59 - How to turn YOUR truth into OBJECTIVE truth 27:38 - This too shall pass 31:50 - How to keep pushing EVEN AFTER you achieve your goals 40:03 - Why hustle culture is a necessary evil 48:02 - Why Tom isn't having kids 01:02:05 - Managing marriage and avoiding divorce 01:15:34 - Why journaling is so important and how to do it well 01:27:19 - Tom's biggest insecurity 01:30:54 - "You HAVE to read these books" - Tom 01:31:39 - The meaning of life... or lack thereof *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:22.9

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0:29.7

The worst day of a man's life is the day he realizes women find him harmless. They are going to

0:35.6

give everything. They are going to sacrifice relationships,

0:38.7

fun, partying. You're just going to sit on the sidelines and be like, I shouldn't have to do that.

0:42.4

Fine, but you're going to get eaten alive by all of the people that are willing to do that. And in that

0:47.8

moment, I learned one of the most important pieces of advice that I have for people. And that is,

0:52.0

Tom, thank you so much for. of advice that I have to people. And that is.

1:01.4

Tom, thank you so much for coming back on the iced coffee hour. This means a ton. Every single time I come to your house, aka two times, I am just flabbergasted. I am gobsmacked.

1:07.5

This is a, it's a mansion. It's beautiful. It's one of my favorite houses I've ever seen

1:11.0

in my entire life. It's in a great location. You have this mansion. You sold a company for a billion

1:16.0

dollars. You're married to the love of your life. You also have impact theory where millions of

1:21.2

people on a daily basis take your voice as gospel. They worship your opinion. You're an incredibly

1:26.4

intelligent and accomplished person.

1:28.1

How do you keep your ego in check? That question is always very interesting to me. So the punchline

1:34.3

is that I have failed so many times in my life that keeping my ego in check is the world's

1:39.6

easiest thing. I don't even have to think about that. If you are living at the edge of your

1:43.7

ability, which I hope that people are, you're going to constantly fail at a thing that you're trying to do.

1:49.9

Now, it's exciting because it means that you're constantly pushing your abilities and you're

1:52.9

actually getting better, but it also means that every step feels precarious. So I don't move

1:58.0

through the world with precious few exceptions being like, oh, I got this.

2:02.3

It's like, what am I doing?

...

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