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The Playbook With David Meltzer

The Richest People on Earth Started With Other People’s Money

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Business, Careers, Entrepreneurship

4.91.9K Ratings

🗓️ 19 January 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

In this episode, I discuss the notion that the richest people often begin their journey with other people's money, highlighting the value of leveraging external resources for success. I focus on the nuances of balancing personal and professional life, emphasizing the significance of daily priorities and values. Exploring the idea that 'network equals net worth', I reveal how cultivating a community based on shared interests can be profoundly beneficial. I emphasize the importance of being genuinely interested in others and the power of seeking help. Additionally, I touch on the concept of frequency and the presence of a greater, all-knowing source. By understanding our role in shaping our experiences through accountability and learning from distractions, we can find deeper meaning in our actions.

Transcript

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0:00.0

I say Dave's very rich, okay?

0:01.8

And I don't mean rich, just money terms.

0:03.8

I mean rich in family.

0:05.6

You're always with your posting with your family and your daughter.

0:08.1

And I feel like you have it really, just based on our conversation,

0:11.4

like you came from your son's game this morning and you

0:14.2

were always talking about your kids and all that stuff and how do you balance that because

0:17.2

you do a ton of business stuff too and how do you keep that in check and does your

0:21.6

wife kick you or hate you or what like how do you do this?

0:24.0

No the funny thing was she used to hate me for good reason. I'm a freak of time and

0:31.1

I think it's really important to understand balance is not 25% 25% 25%

0:38.3

too many people try to buy in an unrealistic manner.

0:43.2

So if you look at things a little bit differently,

0:46.0

and what I try to do is take 24 hours

0:49.4

in a trajectory towards what I think I want

0:52.3

and give meaning to these defining moments setbacks

0:55.7

failures mistakes lessons even historical relevance is I tell a story about

1:00.1

I was speaking in Europe at the Global Sports Summit

1:03.1

and this French woman came up to me

1:04.8

and we started to interact about the future of sports

1:07.9

and she's like, well, what about the French American War?

1:10.5

And I'm thinking to myself, are you kidding me?

...

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