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Social Proof Podcast

Your Idea Of "A Lot Of Money" Is Actually Small - David Shands

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

5 β€’ 2K Ratings

πŸ—“οΈ 13 July 2025

⏱️ 4 minutes

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Summary

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Transcript

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0:00.0

Yo, Dave, what you got for me, man?

0:06.0

So for somebody who doesn't come from money,

0:10.0

you start making money, and you see the money in your bank account,

0:14.0

and you're terrified because you never want to lose it,

0:16.0

because it's like, I finally got something with five digits in it. I got $10,000 in that joint and I don't

0:23.4

want to lose it.

0:25.1

Well, it's simply because, one, you have a poverty, fearful mindset because I have it and I want

0:34.4

to protect it.

0:35.1

And there's nothing wrong with wanting to protect it.

0:37.4

But the big challenge is your... I have it and I want to protect it. And there's nothing wrong with wanting to protect it.

0:45.3

But the big challenge is your idea of a big number is small.

0:51.8

So there are some people like, okay, I finally got $10,000.

0:53.6

I'm this business owner and it's working.

0:55.5

I got $10,000 in my bank account. I don't want to lose that because that's the most money I've ever had10,000. I'm this business owner and it's working. I got $10,000 in my bank account.

0:58.4

I don't want to lose that because that's the most money I've ever had in my life.

1:08.9

The same fear you have of losing that $10,000 is the same fear somebody else has when they get down to their last million.

1:13.7

A million dollars is like the smallest number.

1:15.9

There's zero is a million.

1:18.0

You understand what I'm saying?

1:23.6

So we have to be exposed to understand.

1:28.6

I think, man, once we start learning about money and how money actually works,

1:33.2

like just making money a study, you'll realize how little that money is, especially in times emergency or, you know, some sort of crash or something like that. We've got to make money

...

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