Financial Expert: Passive Income Is A Scam! Post-Traumatic Broke Syndrome Is Controlling Millions!

Financial Expert: Passive Income Is A Scam! Post-Traumatic Broke Syndrome Is Controlling Millions!

Morgan Housel, global expert on personal finance, shares powerful lessons on Warren Buffett’s hidden struggles, Elon Musk’s sacrifices, money trauma and financial habits, how to invest wisely, and the psychology behind saving, spending, and success. Morgan Housel is a partner at Collaborative Fund, former columnist for The Wall Street Journal, and a speaker on investing, saving, spending, and financial independence. He is also the bestselling author of books, such as: ‘The Psychology of Money’ and ‘The Art of Spending Money’. He explains: ◼️ Why more money rarely solves unhappiness ◼️ How envy and social comparison drive overspending ◼️ Why extreme wealth often comes at the cost of health and relationships ◼️ How inflated definitions of “wealth” fuel endless consumerism ◼️ Why true happiness comes from family, friends, and health - not luxury (00:00) Intro (02:33) The Importance of Spending Money (04:43) Why Will This Podcast Make My Life Better? (07:54) Is There Something Wrong With Chasing Status? (10:26) What’s the Evolutionary Basis for This Stuff? (15:43) There's Always a Trade-Off (17:55) Saving Addiction (19:41) Can Money Make You Happy? (25:08) Are We All Stuck in a Status Game? (29:14) Is the "Freedom" Culture Actually Making People Unhappy? (31:12) Your Favorite Form of Saving Is Spending (33:17) Jealousy of Other People’s Wealth (35:17) The Spectrum of Financial Independence (38:57) How Do People Achieve Financial Independence? (41:32) How Does Dopamine Factor Into All of This? (49:07) We're Wired to Want More (54:51) People Retiring Early Tend to Wish They Hadn't (55:52) Passive Income Myths (58:06) Ads (59:07) Do I Need to Know About Economics for This? (1:05:01) What’s Going On in the World? (1:08:55) How Wealth Inequality Is Dividing People (1:10:50) The Charlie Kirk Shooting (1:19:04) Is There a Way Back From This Divide? (1:23:39) What Should We Be Doing to Help? (1:25:28) Are You Optimistic About the Western Economy? (1:27:23) Favorite Chapter From the Book (1:32:34) Ads (1:34:42) Why You Should Try New Things (1:37:29) Are You Chasing a Lifestyle That's Not Right for You? (1:40:48) Does Jack Think Steven Is Happy? (1:49:37) Should We Feel Guilty About the Lack of Contentment? (1:52:49) The Relationship Between Money and Kids (1:55:42) The Exact Formula for Spending (2:02:05) Humble Bubble (2:04:07) Do You Have Major Regrets in Life? Follow Morgan: Instagram - https://bit.ly/3KllnvJ X - https://bit.ly/4pJf4lT You can purchase Morgan’s book, ‘The Art of Spending Money’, here: https://amzn.to/46F9JTO The Diary Of A CEO: ◼️Join DOAC circle here - https://doaccircle.com/ ◼️Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook ◼️The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt ◼️The Diary Of A CEO Conversation Cards (Second Edition): https://g2ul0.app.link/f31dsUttKKb ◼️Get email updates - https://bit.ly/diary-of-a-ceo-yt ◼️Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb Sponsors: Linkedin Jobs - https://www.linkedin.com/doac Vanta - https://vanta.com/steven Replit - http://replit.com with code STEVEN

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How To Chase Your Dreams Without Fear Holding You Back with Fran Millar

How To Chase Your Dreams Without Fear Holding You Back with Fran Millar

My guest this week is an inspiring woman and a brilliant leader, Fran Millar. Fran was recently appointed CEO of the UK fashion brand, Belstaff. Prior to Belstaff, Fran was the former CEO of Team INEOS (formerly Team Sky), the world famous cycling team. Fran led the development of the team’s operational and governance systems alongside all of the business and engagement strategies. Fran has been with team INEOS from the very beginning and during this time she has played a key role in the successes and gained considerable experience in all areas of the team. She previously held a dual role as both Director of Business Operations and Head of Winning Behaviours at Team Sky. Returning to head up all the team’s ‘off bike’ functions in 2015, her responsibilities included overseeing the team’s marketing and communications strategy, stakeholder management, and all the commercial and legal aspects that come with running the world’s number one cycling team. Fran worked alongside the incomparable Sir Dave Brailsford for over a decade, as well as leading sports psychiatrist, professor Steve Peters. Prior to working at Team Sky, Fran set-up and ran her own successful athlete and event management agency for 7 years, initially representing her brother, David Millar and going on to represent some of the UK’s highest profile cyclists, including 2011 Sports Personality of the Year winner Mark Cavendish and 2018 Tour de France winner and 2018 Sports Personality of the Year winner, Geraint Thomas. During her career in cycling, Fran had to deal with some tough challenges including getting caught up in tan infamous doping scandal that involved her pro cyclist brother David. Fran’s story is a fascinating one, one that has twists and turns, one that would have left a lot of people behind but not Fran. Fran is tough, she’s tenacious, she’s inspiring.  Follow Fran: Twitter - https://twitter.com/franmillar Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

8 Feb 20211h 23min

The Secret To Loving Your Work with Bruce Daisley

The Secret To Loving Your Work with Bruce Daisley

Bruce Daisley is one of the world’s most influential voices on fixing workplace culture and a former VP at Twitter. Bruce Daisley spent over a decade as a top executive at Twitter, YouTube and Google for Europe, leaving Twitter as its most senior leader outside of the US. Bruce’s highly acclaimed book, The Joy of Work: 30 Ways to Fix Your Work Culture and Fall in Love with Your Job Again, offers a fascinating and data-tested insight into what ‘work’ and ‘office culture’ now looks-like in the 21st century, as well as advising how all levels of staff within organisations can build a more motivating and productive workplace culture. The book went on to become the UK’s bestselling business hardback of 2019, being translated into 13 languages and long-listed for Business Book of the Year 2020 and CMI Management Book of the Year 2020. His literary and business successes have culminated in Bruce being named one of the Evening Standard’s 1000 Most Influential Londoners and one of Debrett’s 500 Most Influential People in Britain. At the CBI Annual Conference, he was voted the top-rated speaker, having shared the stage with the Prime Minister and Jeremy Corbyn. Alongside his literary pursuits, Bruce hosts and runs the ‘Eat Sleep Work Repeat’ podcast on workplace culture which has reached #1 spot on the Apple Business Podcast Chart. He now devotes his time to championing reforms to culture in the workplace. He is also a published writer in the Harvard Business Review, Wall Street Journal & The Guardian. Follow Bruce: LinkedIn - https://www.linkedin.com/in/brucedaisley Twitter - https://twitter.com/brucedaisley Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

25 Jan 20211h 14min

I Won 11 World Titles Because They Said I Couldn't - Anna Hemmings MBE

I Won 11 World Titles Because They Said I Couldn't - Anna Hemmings MBE

My guest this week is kayaking legend Anna Hemmings MBE. Anna is Britain’s most successful female marathon kayaker with a staggering eleven World and European Championship medals, 9 of them gold. By the age of 24 she had been a World Champion 3 times and competed at the Olympic Games. In 2010 she was awarded an MBE for her services to sport. Hemmings achieved this success against all the odds. She was told by the British head coach that she was not big enough or strong enough to be a great kayaker. She proved him wrong. At the peak of her career, Anna was diagnosed with Chronic Fatigue Syndrome and was told by medical experts she might never race again. She battled her way to full recovery and went on to win a further 3 world titles and compete at her second Olympic Games in Beijing 2008. She has become an expert in the field of resilience and high performance. Anna is now an Executive coach and founded Beyond the Barriers, a high performance training consultancy which works globally with leaders and teams giving them practical tools and strategies to enable them to thrive under pressure, build resilience, be mentally tough in challenging environments and deliver world class performance. Anna’s sporting achievements were recognised at the Sunday Times Sports Woman of the Year Awards, where she won the 2005 Champions Award and then again in 2007 when she was voted BBC London Sports Personality of the Year. This week's podcast gave me more realisations than I’ve ever had from a guest before. We spoke about the multiple challenges she faced throughout her career and how despite all of the hardships, she was able to keep going when all the signs were there to give-up. We also delved into her expertise in resilience and high performance, discussing the steps she takes to help people become the greatest version of themselves. Follow Anna: Website - https://www.annahemmings.com/ LinkedIn - https://uk.linkedin.com/in/anna-hemmings-mbe Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

19 Jan 20211h 24min

The Secret To A Good Nights Sleep with Stephanie Romiszewski

The Secret To A Good Nights Sleep with Stephanie Romiszewski

My guest this week is Stephanie Romiszewski, an experienced consultant sleep physiologist. Stephanie specialises in complex sleep cases and developing bespoke treatment plans for sleep problems. She is a master in diagnosing and treating sleep disorders, disseminating science to the public through television media, medical legal work, and public speaking. She is Channel 4 series sleep expert, an academic researcher and published author. In my chat with Stephanie we covered various topics from common misconceptions about sleep, insomnia, sleeping pills, how to control our dreams, mental health as it pertains to sleep and much more! Follow Stephanie: Instagram - https://www.instagram.com/stephsleepyhead/ Twitter - https://twitter.com/sleepyclinic Facebook: Sleepyhead Clinic LinkedIn: Stephanie Romiszewski https://www.sleepyheadclinic.co.uk https://sleepyheadprogram.com Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Jan 20211h 3min

Everything 2020 Taught Me (part 2)

Everything 2020 Taught Me (part 2)

GO LISTEN TO PART 1 IF YOU HAVEN'T ALREADY! 2020 has been one of the most challenging and uncertain years of most people’s lives. It has made us realise what and who really matters and despite being difficult, has taught me some of the most valuable and life changing lessons. Following last week’s podcast I will continue to delve into these lessons and explain how we can all hope to improve our lives and outlook in 2021. Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

4 Jan 202133min

Everything 2020 Taught Me (Part 1)

Everything 2020 Taught Me (Part 1)

It’s coming to that time of year when everyone starts to reminisce about the year that has just been and thinks about the changes they can make to have a better, happier future... The thing is though, this year has been different to any other that has gone before! It’s been difficult, it’s been a struggle, it’s been heartbreaking! Within the hard times of life we tend to learn more about ourselves and who we are. For that reason, I’ve decided to host a two part end of year special podcast episode to take a look back at the biggest lessons I’ve learnt during one of the hardest year of our lives and how we can try and make 2021 a better year. Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

28 Dec 202035min

World Leading Psychologist: How to Succeed in Life & Work - Jamil Qureshi

World Leading Psychologist: How to Succeed in Life & Work - Jamil Qureshi

This week I met with high performance expert and psychologist, Jamil Qureshi and delved into the secrets behind unlocking your own potential and mastering your mind. Jamil has worked with some of the biggest businesses, sports teams and individuals to help them reach the highest level of performance. In this episode he reveals the hidden secrets behind their success… And how YOU can use them to your advantage! Follow Jamil: Linkedin - https://www.linkedin.com/in/jamil-qureshi-494661a/ Twitter - @Jamil_Qureshi Website - https://www.jamilqureshi.com/ Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

21 Dec 20201h 6min

Joe Wicks on Addiction, Childhood Trauma, Depression And World Domination

Joe Wicks on Addiction, Childhood Trauma, Depression And World Domination

This week I have a recurring guest, the man who helped the lives of people around the globe during lockdown when they needed it most, Joe Wicks. After we last spoke he achieved his dream and has recently been awarded an MBE but when it had finished it led to Joe feeling lost and a notion of lack of purpose, he still has struggles that on the surface you would never imagine he had! Joe talks open and honestly about addiction, childhood Trauma and depression. These are just a handful of topics we cover in this week's episode, this is the Joe you don't know. Honestly, this is one of the most EMOTIONAL discussions I've ever taken part in and you need to hear it. Topics: - Achieving my ultimate goal in 18 weeks - Feeling lost - Goals going forwards - Your childhood - You must be really busy - Marriage, tell me where I’m going wrong - Therapy - Psychedelics & mental health - If you were to die today what would you regret - Social media - What roll does money play in your life? Sponsor - https://uk.huel.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Dec 20201h 21min

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