Breaking Free from Poverty Mindset to Build Lasting Wealth | Robert Herjavec EP 889

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

0:59What is a poverty or poor mindset versus a wealth or abundance mindset? What do they both encompass? The beginning for me is a poverty mindset is when you believe you're poor or you believe that you are the cause of the situation you're in or you believe that external circumstances have made you what you are. I never believed I was poor. I just believed our current situation was poor. Really? So I just, I got to a point where I didn't want to be in that situation anymore. But there was nothing wrong with me. My mom loved me. I was a good human being. I just had to get out of this situation. So how do you learn then to get out of a situation of, I guess, poverty or not having a lot?

1:57How do you learn? Is it a skill? Is it a shift of energy? Is it a shift in thinking that allows you to get out of that situation? Is it a shift of, I need to act in a different way? I need to become something different in order to create abundance? What does that shift look like? Yeah, that's a great question, too. I think. And how old were you when you were like, OK, I'm not poor personally, but I'm in an environment that isn't thriving? Probably around 12. OK. Because it was just such a crappy environment and we we had no money. And at that point, I'd been poor in my mind for four years. We constantly move schools.

2:41So, you know, when you're an immigrant, you make a little bit of money. You live in a crappy apartment. You make a little bit of money, you live in a better apartment, and so on. So by 12, I'd gone to like three different high schools. And my dad worked unbelievable amount of hours, like two shifts. Manual labor, I'm going to say. Yeah, a contractor. A little collar, factory, swept floors. I mean, eventually he became a millwright, taught it himself. Somebody gave him an opportunity. and you know they paid off their house which was you know the immigrant dream right but I think at 12 I'd been living like that for four years and we went to a better high school and every time we went to a better school the kids around me had more the richer yeah yeah you're like so I've got a little more but they've got a lot more so I'd be like I'd be in this high school and we'd make a little bit of money and I was poor but you know the other kids weren't that much better off and then we moved to a better house and now the kids were way better off and I was just like wow this is I'm never gonna get out of this cycle how do you get out of this cycle and I think do you feel like you've gotten out of that cycle at this season of your life because now as you start to generate wealth you're around people that have million dollars then hundred million dollars then billion then billions and you're like is it do you find yourselves kind of still in that at some time very very true you know there's what's the saying you are the net result of five people you hang out with and i think it's really true i think that you are it's very very very rare and hard to raise yourself up on your own I think if your environment, your parents, your friends are constantly pulling you back, it's hard to keep going.

4:46Like you think, I think back and I think none of my friends I grew up with ever made it. And it would have been so easy to stay there. But I think as you do more and you get more, your circle influence and your friends becomes wider. Right. So when was that switch then for you? You're 12, you start to become aware that, okay, we're moving around, but I'm still in this poor environment compared to everyone else around me. Was it an energy shift, a thinking shift, or an action shift that allowed you to say, I'm now creating abundance in my life? That's a great question. For me, it was an energy shift.

5:31Now, I've always been pretty high energy, right? So I've always been like, go, go, go, go. What I didn't realize at the time was I was looking for external things to make me better. It took me a long time to realize I can't take external things to make me better until I become better. You know, I always say, show me a small business in trouble, and I'll show you an entrepreneur in trouble. Wow. It's very, very difficult to disassociate a lazy, unmotivated entrepreneur with a highly successful business and vice versa. And that was me at 12. I was just pure energy bouncing off the walls. You know, like we talked about, I want to be a detective.

6:24I wanted to join the FBI. I wanted to be an actor because immigrants think if you're on TV you're rich. You're making money, yeah. Like I just wanted not to be poor. But I didn't know how to be rich. Interesting. And I understand that mindset. And as corny as it sounds, it always starts with you. It always starts with discipline. It starts with habit. It starts with learning.

6:59Thank you so much for listening to today's episode of The Daily Motivation. And I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. That will take you to the full episode of our main podcast on The School of Greatness. And if you are loving The Daily Motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple Podcasts right now. And if you want more exclusive content and ad-free listening experience, make sure to subscribe to our Greatness Plus channel on Apple Podcast right now. And if you want to get even more inspiration from our world-class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the Greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.

7:48Again, have an amazing day, and I'll see you tomorrow with another episode of the Daily Motivation Show.