Optimize Opportunities for Financial Success | Imane ’Pokimane’ Anys EP 329

2 Aug 2023 · 9 min

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Podcast Episode Notes: The Daily Motivation

Episode Title

Optimize Opportunities for Financial Success | Imane 'Pokimane' Anys EP 329

Podcast Overview Host: Lewis Howes Description: The Daily Motivation provides insights and motivation through stories and experiences, emphasizing the power of personal narratives in shaping one's life.

Episode Summary In this episode, Lewis Howes interviews Imane 'Pokimane' Anys, a prominent Twitch streamer, discussing her journey to financial success and the challenges that come with it. Pokimane shares her experiences in the entertainment industry and how her mindset regarding money has evolved over time.

Key Themes & Discussions

Opening Remarks

  • Invitation to the Summit of Greatness (September 7th-9th)
  • Opportunity for personal growth and connection.
  • Features inspiring speakers and events.

Pokimane's Journey to Financial Success

  • Early Career:
  • Began streaming during high school, initially earning little.
  • Transitioned to a more lucrative career in her early twenties, earning significantly more than most individuals in her age group.
  • Mindset and Money:
  • Initially aimed for a stable income to manage student loans.
  • Grew to realize that making money can become an obsession, leading to neglect of health and personal relationships.
  • Discusses the "scarcity mindset" prevalent among content creators due to uncertain career longevity.

Impact of Financial Success

  • Social Dynamics:
  • Noted how peers may judge based on income, leading to feelings of isolation.
  • The pressure to maintain financial stability often overshadows personal happiness and social connections.
  • Lessons Learned:
  • Emphasizes the importance of financial literacy and understanding the value of money from an early age.
  • Shares her journey from a newspaper delivery job to streaming, highlighting incremental growth.

Investment in Self

  • Discusses the significance of self-investment:
  • Prioritizing expenses that offer the best personal returns (e.g., health, nutrition, therapy).
  • Encourages experimentation with investments to determine what yields the most benefit.

Key Takeaways

  • Financial Awareness:
  • Developing a healthy relationship with money is crucial for long-term success.
  • Balance between work and personal well-being should be prioritized.
  • Self-Investment:
  • Investing in personal growth is always beneficial and tends to yield substantial returns.
  • Community Engagement:
  • Building and maintaining relationships can be challenging yet necessary for overall happiness.

Closing Remarks

  • Encouragement to listen to the full episode and explore more resources through the Greatness newsletter for further inspiration and motivation.
  • Acknowledgment of the listeners and an invitation to engage with the podcast community.

Additional Resources

  • Summit of Greatness: [Website](https://www.summitofgreatness.com/)
  • Greatness Newsletter: [Sign Up](http://www.greatness.com/newsletter)
  • Subscribe to Greatness Plus for exclusive content on Apple Podcasts.

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Transcript

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0:00Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

0:10Calling all conscious achievers who are seeking more community and connection, I've got an invitation for you. Join me at this year's Summit of Greatness this September 7th through 9th in my hometown of Columbus, Ohio, to unleash your true greatness. This is the one time a year that I gather the greatness community together in person for a powerful, transformative weekend. People come from all over the world and you can expect to hear from inspiring speakers like Inky Johnson, Jospree Singh, Vanessa Van Edwards, Jen Sincero, and many more. You'll also be able to dance your heart out to live music, get your body moving with group workouts, and connect with others at our evening socials.

0:53So if you're ready to learn, heal, and grow alongside other incredible individuals in the greatness community, then you can learn more at lewishouse.com slash summit 2023. Make sure to grab your ticket, invite your friends, and I'll see you there.

1:13I'm curious about your perspective on money. You started making really good money in your late teens, early twenties, more than 99.9 % of people in their late teens and twenties in the world probably. How did that affect you and what is the dark side of making money for someone who's really young? Well I don't want to act like it's such a detrimental thing you know. Yeah because I mean I started streaming when I was in high school didn't make much. In college was still in debt for like two years and then it started taking off and then maybe two three years after that I I started making significantly more, like more than what a doctor makes.

1:55And then for like two, three years, it was much, much more that I could have ever imagined. So initially, it was really just like step by step. Like, I'm just looking to have like a part-time job, basically. I can make a little bit of money here while studying engineering. Cool. Then I was like, wait, if I focus on this for a couple months, I can pay off my student loans. Cool. And then frankly, for me, my dream in life was always to make six figures. And I really felt like at that point, I was like, OK, I'm good. But it felt like the expectation in life is to optimize that. So when you see the opportunity, right, it's like, go for it, go for it.

2:45But at some point, it's like you don't really realize what you're sacrificing or if you should keep going for it. And I think there were a lot of times where I just put like my health and my mental on the back burner because I was so fixated on like, I need financial stability. And just like with anything else, it just becomes a habit. Almost like addicting. It's like, okay, I need to focus on this. And I just, I lost sight of again, like, what do I want? What actually makes me happy? There was such a scarcity sentiment. Yeah. Yeah. I mean, even with content creators, it's like you don't know where your career is going to be in a year or two.

3:21Right. What if the algorithm changes? What if they cancel my account? What if? Who knows? Right. Yeah. I'm not going to say that there were like crazy downsides aside from like things that I had to figure out myself. Right. Like how to really manage my life and my business structure. But I do feel like sometimes to my peers, maybe they like viewed me differently. Really? How so? I think depending on the person, it might be something that they judge you off of. How much money you're making? Yeah. Really? Yeah. I think for some people it can be inspirational, but for some people it's like, oh, you're over there and I'm here kind of thing.

4:01Which I understand, right? Everybody makes assumptions based off of what they might know about someone. But I also think the lifestyle that I was leading when I wanted to save up as much as I could, take care of my parents, do this, do that, that lifestyle was also isolating. Really? Oh, yeah, for sure. How so? It's just work, work, work all the time. And when you're optimizing for work or for financials, everything else is on the back burner. Yeah. And it takes so much effort to like, oh, wait, I need to keep up with friends. I need to create a friend circle. I need to do this. I need to do that.

4:41Even taking care of like your health. It's so easy to set everything else aside when you're focused on career goals. You want to know how I learned like really the value of a dollar? Sure. Which in hindsight, I'm so glad that I did. I've had like numerous jobs before streaming. my very first one was I was like I was a newspaper delivery girl I've always had like a very mathematical optimization kind of mindset and I would make maybe like a hundred dollars every two weeks or something and I would do it like two three times a week and I had this kind of a route and I did meet everything up to be like okay every time I drop off a newspaper that's five cents Yeah, so I'm like, five cents, five cents, five cents, five cents, yeah.

5:25But it was so exciting to be able to do something on my own, to exchange my time and labor for any amount of money, right? And then you start thinking, okay, how can I optimize this? Let me ride a bike. It's a little bit faster. And then, you know, a couple years later, you're able to work elsewhere. You also divvy that up. So I was very lucky that everything came like one step at a time. You know, from that one newspaper job to getting a part time job, to getting a full time job, to streaming. I mean, I'm very lucky. My dad raised me well. He like got me a bank account at like 13. Even if there's not much in it, it's like this is your bank account.

6:07This is how much you have. You should have a savings account. You should have a checking. So I was always very considerate of these things. no matter how much I made. It's like, I need to be saving at least, let's say like half of my income and your spending money should only be like this portion. And having that mindset already going into it allowed me to not spiral too much one way in terms of scarcity or spiral too much one way in terms of let me just spend, spend, spend, spend, spend, right? And I also, I try to be very experimental, but experimental in the sense that I would experiment on spending on different things.

6:46If I spend a lot more on a video, what does that return look like? If I invest in myself in terms of my health, if I get a trainer, if I invest more in like nutrition, therapy, what are the things where I get the most return and that are actually very helpful? Most investments in myself, I feel, paid off a lot. So I started prioritizing that, investments in that in my business. and I feel like looking at it very holistically is what helped me the most. That's beautiful. I love that. Investing in yourself was never a bad investment. 1 ,000%. And honestly, just try stuff. Experiment almost like very considerably and safely.

7:25Like I'm going to try this intentionally and I will jot down how it goes. Should I keep doing it? Yes? No.

7:42Thank 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.

8:31Again, have an amazing day, and I'll see you tomorrow with another episode of the Daily Motivation Show.

From the publisher

The Summit of Greatness is back! Buy your tickets today – summitofgreatness.com

Imane 'Pokimane' Anys, the worlds top Twitch streamer, delves into the strategies and insights that have contributed to her remarkable financial success. With a vast audience and a thriving online presence, Pokimane shares her experiences in building a lucrative career in the entertainment industry. 

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