If You Think You Can't Afford To Invest, Listen To This | Chris Camillo

0:00I have a brand new book called Make Money Easy. and if you're looking to create more financial freedom in your life, you want abundance in your life and you want to stop making money hard in your life, but you wanna make it easier, you wanna make it flow, you wanna feel abundant, then make sure to go to makemoneyeasybook.com right now and get yourself a copy. I really think this is gonna help you transform your relationship with money this moment moving forward. We have some big guests and content coming up. Make sure you're following and stay tuned to this episode of The Daily Motivation Show.

0:38Hi, my name is Lewis Howes and welcome to The Daily Motivation Show.

0:49How long does it take in a risk asset to turn$1 into$100? Listen, it's different. It's different for everyone. It's different for every period of time. I can't predict how the next 30 years is going to go. But I do believe that this is one of the most interesting times to be an investor because of the age of AI that's quickly coming for us. So one way to think about this is our human labor, to some extent, for some period of time might get devalued. Right. If we're creating a new industry and that industry is the industry of intelligence, historically, that's come from us. Right. So now there's an industry of intelligence.

1:39And if that industry of intelligence is going to devalue human intelligence, then what do we do as humans? We want to invest in the industry of intelligence and we want to invest in the way that that is going to impact the world positively. So this new industry of intelligence that we call AI and automation and robotics and all the stuff that I'm really into right now, that is going to make our entire world incredibly more productive. Right. It's going to bring us efficiencies that we just didn't think were possible in our lifetime. meaning that enterprise industry is going to become way bigger and way more profitable than it ever has.

2:26And we can make money off that by simply owning a piece of it. You asked me earlier, what does investing mean? It just means owning a piece of the world. That's all that it means. You want to own something more than yourself? You need to invest, okay? So once we start investing, we start owning a piece of that thing that we hate and we like to bitch about, okay? So it's like all of a sudden, you know why guys like me don't complain that much? Because I own all that stuff. So it's benefiting me. But I actually want everybody to own it. I hate that I'm making all this money off of industry. I'm making all this money off of technology advancement.

3:12and all of these other people are not just because nobody like taught them or convinced them that that was something that they needed to do. Interesting. And why did I know it? Because again, I was privileged to grow up in a neighborhood of really wealthy people that were investors and they were smart. And like, I had access to all of this. I was really fortunate. Most people were not as fortunate as me. So now I got to spend my entire life on YouTube trying to spread that word to every person that's not growing up in a neighborhood with multi-million dollar houses, right? That is growing up in a neighborhood where the culture is not telling you that every single day.

3:57Like, hey, Kate, you got to invest. It's more on spending versus investing. Exactly. and it's more on how do I look good or how do I get the next thing that's going to make me feel happy and be socially accepted with my peers instead of how can I hopefully live below my means for a while use that money to invest and then once I start making more of my investments the profits there then I can buy certain things if I want to or just keep reinvesting it one thing you just said was wrong you don't need to live below your reins to do it that's the thing like A lot of things that I was referencing to find money in your life to start investing with, I don't care if it's$5, you can open up an account right now with like$5.

4:41A lot of these things were not living below your means. It's just kind of doing things like clipping coupons is not living below your means. It's just doing things a little bit differently to find money in your life that you didn't really care about. But now with the mindset change of accumulating these dollars that are actually going to eventually be worth, hopefully,$100 each, hey, you fall short and they're only worth$40 or$50. Does it even matter? Does it even matter? The bottom line is these very tiny dollars are going to become very big and you don't have to do anything but literally just do it and throw it in an account and just let it compound.

5:28Thank 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.

6:18Again, have an amazing day, and I'll see you tomorrow with another episode of the Daily Motivation Show.