Breaking Free from Money Demons and Creating True Wealth | Mark Matson EP 927

0:00There are two big things happening at one time that I've never done before. I'm going on a book tour for my new book, Make Money Easy, and I'm doing a podcast tour at the same time. It is going to be big, and I'm going to seven cities in 10 days. Get your friends, get your family, bring everyone you know to these cities. I'm coming to Austin, Texas, New York, Boston. We're going to Nashville. Then we're going to Los Angeles, San Diego, and San Francisco. Make sure to get your tickets right now. go to lewishouse.com slash tour again bring everyone you know if you're looking to create more financial freedom and abundance in your life and you want to see a massive guest live on the school of greatness show get your tickets i can't wait to see you there hi my name is lewis house and welcome to the daily motivation show

0:58Your grandfather who worked in the coal mines, who worked really hard, it sounds like on a daily basis, but didn't understand how to create more value, whether in his coal mine or somewhere else, and therefore was given what he received, correct? Yeah. Versus your dad, where it sounds like, how did your dad break that mindset from his father who he saw probably miserable or unhappy in the minds and dirty every night and sick and coughing? How did he say, I want to change this without a model of someone showing him abundance? Well, that's great. And go back to my grandfather once. His screen was so strong.

1:39It was like they lived in two different worlds, is how the two different dimensions of reality. His screen was so strong when he was offered an opportunity to grow at Union Carbide, he was offered to be a foreman and have a crew underneath him. He told them no. Why? Because he didn't want to be part of the machine. That's evil and bad. He didn't want to be evil and bad in his eyes. So he proved it to himself that he was doomed to be Our money, I call these money demons, these money demons, which we all have at various times in our life. They take us over and preclude us from doing things that could actually save us.

2:19So he never took that race. He never took that opportunity to save his family, even when it was offered to him. And I've asked my dad, I said, what, how did you? I mean, this poverty, this abject poverty, they would cut the tops off of instant carnation milk cans and they would hammer it to the baseboards in their shack by the railroad so that the rats wouldn't come in their house in the wintertime. That's how much poverty my dad came from. He only had one pair of shoes a year right before school started, and then they were barefoot all summer long. I mean, this was true abject poverty. he said he said he said i i saw a couple examples of people that did have a little bit of money and they were nice and they helped me and i went to work for him and i noticed that my dad was wrong that people that had money weren't evil and they weren't bad and they were and they were actually willing to help and i had a couple good teachers in school that taught me about that but Deep down, my dad had, and I don't know where he got it, he had a deep-seated belief in capitalism and entrepreneurism.

3:28Yeah. So you mentioned money demons. What are money demons? And do we all have them? We all do to a greater or lesser extent. What is a money demon? So I'll give you an example. So when I started my company, I wanted to help a lot of people. You know, we managed$11 billion for people all over North America, 500 advisors. But when I started, I only had three employees. And I had a demon belief. It's a belief created in language that then we don't realize that it's only just a screen. We take it on as reality. And that reality was that employees suck. And they're too expensive. And when you hire them, they don't do a good job.

4:10And the other money demon I had was that I'm not a good manager and I don't know how to manage people. So I'll just do it myself. Now, money demons are so pervasive because when we have them, we make their self-fulfilling prophecies and we make them come true. And we don't look for opportunities that violate our screen. So I had to look at what I was getting out of it. What was I getting out of that screen? Well, I got to play small, didn't have to hire people. I got to be self-righteous. I got to be condemning you're right all the time i'm i'm right and righteous yeah i got to gossip about other people character assassinate i got to be a victim i mean it was juicy psychological payoff right right but i also had to realize that if i was going to if i couldn't change those screens about the world that i was going to be doomed never to fulfill my mission which was to help more people stop speculating with their money and fulfill their american dream wow and then you have to do a cost-benefit analysis and say, okay, am I going to keep that demon belief because there is payoff?

5:20I can live a normal, ordinary life, not full of greatness, thorough said of the best, quiet desperation, or am I going to break that belief? And I actually call it due violence to the belief. Interesting. I have to actually kill it. I have to kill that belief. But the thing about money demons is when you kill them and have more money, they don't disappear. They often morph. How so? Well, so after I became successful, and then I went through a divorce, and then I started eventually dating after some therapy and counseling, and I started dating, and I started getting one string of really painful relationships after another, and I developed a belief based on the divorce and dating that what that I'm not really that attractive I'm not really that sexy I got a lot of money and that's what women really want from me and so that I'll never really you know have someone I really truly love and really truly loves me and then I had a you know string of dating examples that created that and so I had to do violence to that belief so how how does that look like in your mind how do you kill off the old limiting belief or the demons that keep you small or hold your back so you get so you have to look at the bit you have to look at the benefits you're getting out of it you the benefits and i know it doesn't seem like there are benefits but there are benefits to being right and playing small and not taking risk and being a victim and being a victim of being the martyr

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7:49Again, have an amazing day and I'll see you tomorrow with another episode of the Daily Motivation Show.