Use This Mindset Shift To Set You Free Financially

2 Jul 2025 · 1 h 5 min

Ask about this episode

Ask anything about it. ChatGPT or Claude reads this page and answers with the times it was said.

Connect VO and ask about every podcast you hear, including the moments you saved. Add to ChatGPT · Add to Claude

In short

Podcast Notes: The School of Greatness - Use This Mindset Shift To Set You Free Financially

Episode Overview In this episode of *The School of Greatness*, host Lewis Howes is joined by Rory Vaden, CEO of Brand Builders Group, to discuss a transformative framework for achieving financial freedom and emotional abundance. The conversation revolves around the intricacies of money, entrepreneurship, and personal branding, revealing insights on how to navigate financial success while maintaining emotional well-being.

Key Topics Discussed

  1. The Misconception of Multiple Revenue Streams
  2. Key Insight: Multiple revenue streams can be overwhelming for beginners.
  3. Argument: Having too many revenue streams can lead to diluted focus, which results in diluted outcomes.
  4. Framework Introduced:
  5. Sheehan's Wall: Focus on one main initiative until it succeeds before branching out.
  1. Four Quadrants of Wealth
  2. Overview: Understanding the relationship between financial health and emotional well-being.
  3. Quadrants:
  4. Financially broke and emotionally broke.
  5. Financially broke but emotionally abundant.
  6. Financially abundant but emotionally broke.
  7. Financially and emotionally abundant.
  1. Reframing the Relationship with Money
  2. Metaphor: Treating money as a person can help reprogram one’s mindset towards financial abundance.
  3. Principle: The dynamics of this relationship can directly influence financial outcomes.
  1. Importance of Focus and Commitment
  2. Example: How Howes transitioned from 17 revenue streams to focusing primarily on his podcast, resulting in significant growth.
  3. Concept: Commitment to one primary revenue stream can lead to success, as evidenced by successful figures like The Rock and Elon Musk who started with one main focus.
  1. The 70/30 Rule for Transitioning
  2. Definition: Spend 70% of your time on your primary revenue stream and 30% on emerging opportunities.
  3. Actionable Insight: Once new ventures reach 30% of your income, consider transitioning full-time to that stream.
  1. Fractal Math in Revenue Growth
  2. Concept: 10% of customers are willing to spend 10 times more, emphasizing the importance of nurturing existing relationships.
  3. Outcome: By optimizing pricing and upselling to existing customers, you can significantly boost revenue without acquiring new customers.

Actionable Takeaways

  • Identify Your Primary Business Model: Determine which revenue stream is your main focus and commit to maximizing it.
  • Limit Dilution of Efforts: Avoid spreading resources too thin across multiple initiatives—focus on mastering one area.
  • Utilize the 70/30 Rule: Strategically allocate time to ensure your main revenue stream receives enough attention.
  • Reframe Your Mindset Toward Money: Build a healthy relationship with money by treating it as a valued partner in your life.

Resources & Further Learning

  • Rory Vaden's New Book: *Wealthy and Well-Known: Build Your Personal Brand and Turn Your Reputation into Revenue*.
  • Lewis Howes' Book: *Make Money Easy*.
  • Free Strategy Call: Interested individuals can schedule a complimentary brand strategy call at [lewishowes.com/brandcall](https://lewishowes.com/brandcall).

Final Thoughts The conversation emphasizes the importance of a focused approach to wealth creation and the emotional aspects tied to financial success. By shifting one's mindset and strategically managing resources, individuals can achieve both financial freedom and emotional abundance.

--- Feel free to share this with anyone who may benefit from these insights on financial and emotional wealth!

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Hear the part that matters, and keep it.Open this episode in VO. Double tap your headphones to save a moment as you listen.
Get VO free

Transcript

Automatic transcript. May contain errors.

0:00If you're looking for a tactical framework for building real wealth, leveraging your personal brand, scaling it, and multiplying your income along the way, then this episode is for you. In this episode, I am diving deep with my friend Rory Vaden, going over a money masterclass, talking about the four money and emotion zones and how we can move into financial and emotional abundance at the same time through them while identifying all the reasons why feeling broke emotionally can be more damaging than financial scarcity. We're going to be diving into the mindset shifts that separates lasting wealth from temporary success.

0:39And again, going over a powerful framework for building a scalable, purpose-driven personal brand. But first, you need to figure out how to reprogram your money story so you can make and keep money with ease. I talk about my new book, Make Money Easy, and we kick things off with concepts from the new book, Make Money Easy, including how to identify your core money story and the four levels of financial and emotional abundance. If there's one episode that you listen to around money, I feel like listen to this over and over again and start taking action immediately. I wish I had this when I was 21, when I was 30.

1:22And it's one of the reasons why I wanted to partner with Rory on this because he has so many good powerful frameworks. And I've gathered so many important lessons and stories in my book that we bring together in this money masterclass. So please share this with a friend, copy and paste the link to this episode, post it out on social media if you're enjoying it, leave a review over on Apple podcast or Spotify, wherever you're listening to it, and make sure to share this with one or two friends that you really care about, that you want to see have emotional freedom around their money and create financial abundance as well.

1:58So excited for you to dive into this. Let's go ahead and start the show. Let's start with the belief, the limiting belief or the errant belief that I think holds so many people back. And as we start to learn about money and we go, OK, I'm open to receiving more money. I want to grow my financial intelligence. Maybe you start studying money. Maybe you start interviewing wealthy people. Maybe you start listening to podcasts about money. There's something you're going to hear that sounds really good, but actually is the thing that holds most people back. I know what you're going to say. Do you know what I'm going to say?

2:35Multiple revenue streams. Multiple streams of income. I already knew you were going to say that. Multiple streams of income. Now, this is the dumbest thing on the internet. Well, here's the thing. Before you go there, because I'm going to push back in one way. Yeah. Because I think when you get clear on what you're supposed to be doing, there could be multiple streams within that thing where there's upsells cross sells yeah maybe let's talk about you know what i mean yeah but that's the only thing where i think we're going to use your case go ahead as a story of this okay so um now by the way so we're going to explain now you're saying multiple streams of income is a dumb thing to believe in well multiple streams of income is terrible advice for someone who's just learning how to make money multiple streams of income is not a bad idea.

3:25It's just a bad idea for a beginner. Okay, great. That's all I'm saying. And when people first start learning about money, they learn from people who make money, teaching people how to make money. And in order to get people to pay attention, they say sensational things that make them think like, oh, that's what I need. And this is like one of the sensational rappers, like you just need multiple streams of income. And if you pay me 50 grand, I'll teach you how to do it, right? Like that's the thing. So I'm going to show a framework. And by the way, if you're listening to this, you may have heard me talk about this framework before with Lewis, but we've never talked about it in this context.

4:05We've only talked about it with your brand messaging. Today, I'm going to talk about it with brand monetization. It's the same concept, but it's applied completely differently. So the concept is something that we call Sheehan's wall. and we named this after a colleague of mine, Peter Sheehan, and I originally heard him kind of explain this in a more corporate environment. But we've adapted it to personal brands. And so basically, the way that this works is that you've got two different groups of people in the world. And usually when you and I talk about this, we're talking about building your personal brand, growing your influence.

4:44And we talk about on this side are people who are unknown, and on this side are people who are well-known. And we talk about... How to go from unknown to known. Yes. But what we're going to do now is we're going to talk about this from basically going from, you know, broke to rich. Yes. Okay? Now, here's what most people do is they go like, oh, there's all of these ways I could make money. And if you just go on to Instagram or Facebook and you're scrolling, like literally you'll see an ad like every few minutes for like you could make money doing Airbnb you could you could sell t-shirts Amazon and drop shipping you could become a speaker you could faceless video video courses yeah you could do affiliate marketing you could start your own ad marketing agency I mean like literally and and that's what we do and even inside of your business and Lewis, you're grace, you're, you're, you're, you're very graceful for letting us use you in as example.

5:46When Lewis first started working with us and you were our very first client brand builders, you only exist because of you by the way. Seven years ago. Isn't that crazy? Seven years ago. Lewis, we listed every one of, of your revenue streams and you had 17 revenue streams because all of your friends were doing free plus shipping and courses and affiliate launches and speaking and private coaching. Webinars and workshops and membership and everything. And so. And one on one. All the things. And on the surface, it seems like, oh, I could just add another revenue stream. It would be good. Let me create all the offerings I can create because it gives people more chances to give me money.

6:29That's right. The problem is, is that when you do that, you bounce off the wall. And the reason you bounce off of the wall is because of something we say all the way back in my first book years ago, take the stairs. If you have diluted focus, you get diluted results. If you have diluted focus, you get diluted results. And this is true also about money. Most of us, by definition, have small businesses or smaller businesses. But if you have a business with less than 500 employees, like you're still a small business. Most people watching this, listening to this probably have a much smaller number.

7:12Well, let's just say that you have 10 units of resource. Okay. And that could be time, team, technology, capital, prayer, whatever your units of resources are. If I have 10 units of resource and I spread them across 10 initiatives, then on average, each initiative gets how many units of resource? One. One. So that's what most of the world does is we go, oh, I have a new idea and a new idea and a new idea and a new idea. And someone else pitches me an idea. And I'm like, oh, great. Like, let's go do this. Let's go to this course about reverse mortgages. And let's go to this course about whatever.

7:56making money in the market. And we're spreading our time, team, attention, capital, prayer across all these units of resource compared to what happens if you take those 10 units of resource and you lay them all down on one initiative. The likelihood of that one initiative succeeding goes up exponentially. And this is what we did with you, which you've been so, I mentioned this, I sent you our new book that's coming out and I said, you've been so generous with your praise of us. But legitimately, I think maybe the only thing we ever really did for you was I asked you one rhetorical question. As I said, Lewis, what would happen if you stopped doing all of these things and you just went all in on the podcast?

8:42It wasn't even a conclusion I had drawn. It was a question of going, you're doing all of these things, but you say you want to make, you know, impact 100 million lives. And this podcast, which is kind of like a side thing for you, is really gaining momentum and you're really good at it. And it's life-giving. It's low stress. It doesn't require like massive expense. What if you just went all in on this? And I don't think people really understand this story in full. you had a mastermind that was generating like multi-million dollars a year in revenue. You and Matt and I had one conversation in Hotel Robbie.

9:21You were doing this. And, and, you know, my friend Louis y 'all has, has big cojones as we, as we sometimes say, we had one conversation and he decided in one moment to walk away from more than$2 million in revenue in one conversation to go all in on the podcast. Yeah, it's crazy. Crazy when you think about it. It's crazy. And honestly, I was also, at the time, not totally convinced it would work. So I was like, hopefully this works. Hopefully this works. You got to have faith and you got to know that like, oh, I could always go back to this also. If this doesn't work and I'm broke on my sister's couch, like, okay, I can make a few offers again and try to find a way to make money.

10:02But at the time, I wasn't feeling emotionally abundant. I was financially abundant. I wasn't feeling horrible, but I was feeling like a - You were stretched. Six or seven out of 10, I was like, nothing feels like it's really great. It's like good, but it's not feeling abundant. So it wasn't like my life was horrible. People were coming at you with all sorts of opportunities for all sorts of things. But you were bouncing off the wall a bit. You were successful. By the world's definition, you were successful. But the way our strategy is, is to go, what if instead we figured out your one thing? What is the one thing that if you went all in on it and you could become now, again, normally in our other conversations, we've talked about your brand messaging and your brand positioning, but the same is true about money.

10:52If we go, we call it, in Brand Mothers Group speak, we call it your PBM, your primary business model. And we say, one of the most important tactical decisions you can make in your business is answering the question, what one revenue stream matters above all others? What is the one revenue stream that come hell or high water, like when push comes to shove, we're going to make this revenue stream successful. We don't hope it's going to be successful. It's saying we're committed to it. We're going to not do anything else until this one works. And if this one should ever fail, we immediately pull resources from anything else and pull them back here.

11:34and when you have 17 that's very hard to do because they're constantly pulling you and um when you look at rich people since we're now talking about money and you go how do they break through the wall well first of all let's use the metaphor of a wall so if we were going to like bust through this wall right here if we start hitting with a sledgehammer all over you know we're we're not going to make much difference yeah right we're going to get we're going to work hard, but we're going to be frustrated. But if we hit the same spot on this wall again and again and again and again, eventually we will get traction.

12:12Eventually, there'll be a crack, a divot, and then a hole. And then you break through the wall by hitting the same spot again and again. Now, once you're on the other side of the wall, right? Once you're rich and famous or wealthy and well-known, as we say. In your industry or in life or whatever it is. Yeah. Then you can expand into other things, right? So people like to use like The Rock because they go, well, The Rock has a skincare line. Homeboy's making money from acting. He owns a football league. He's got tequila. WWE. Yeah, WWE. I mean, he's like all these different things. But how did The Rock become The Rock?

12:52He was a wrestler. One thing. Professional. Can you smell what the rock is cooking. That is how the guy got famous. People like to use Elon Musk and they go, well, what about Elon Musk? He's got Tesla and SpaceX. Yeah, he does, but he is the best example. Go look at Elon Musk's life. He got rich from one thing. Do you know what it was? PayPal? PayPal. All of his money came from PayPal and he took tens of millions of dollars and then he He spread this cross because this person has resources. So remember, if you have diluted focus, you get diluted results. Now, it doesn't mean you have to be focused on it.

13:33It means someone has to be focused on it. When I have$100 million, I can hire people to wake up and be focused on it. Yeah, yeah. But you as an individual person cannot be focused on 100 things. Remember this Richard Branson? He's got, you know, boats and hotels and telephone companies, but he's able to hire the right people with the resources and they can go focus on this. But in the beginning, how did he make his money? Virgin Records. Jeff Bezos, Amazon, Bill Gates, Microsoft, our friend Jamie Kern Lima, It Cosmetics, Sarah Blakely, Spanx, Jennifer Lopez. They start as one thing. They are one thing.

14:08And the key is going, how do I become the world's greatest or one of the world's greatest on one thing? Then multiple streams of income if you want. There's a lot to be said to just keep going. But you can hire people. You can get stuff done. But over here, if you do it, you're going to stay broke. And you're going to stay busy. And you're going to stay broke. And it's frustrating. So for those watching live or if you're watching the YouTube after the fact, what's the biggest takeaway you're hearing from Rory in this example? And share how this has either supported you in your life by you applying this already or where you see this might be hurting you in your life with the things that you have going on.

14:51I'd love to hear in the comments below how this is resonating or speaking to you in this. And once we get clear on this, let's say people watching or listening to myself, I got clear on this and I started to eliminate certain things over a period of time. Some things I eliminated right away. Some things I eliminated in the next two years with a roadmap. Okay, I can't just cut out all this revenue right now because I got team and bills and expenses. So I'm not just going to say no to everything and try one thing that's not making that much money. whereas originally I was a course in education business based on revenue streams, but I wanted to become an advertising business based on the content that I was doing with the podcast, and I wanted to get there, but I wasn't there yet.

15:36So I knew it was going to take time. It was going to take hiring the right people. It was going to take focus, and it wasn't going to happen overnight. There was a process of time doing that. But for those watching and listening, what would be the next step to then creating financial freedom in their life. All right. So we've got another drawing, another framework. We've never talked about this one before. So the next thing... And for those watching and listening right now, if we can write up lewishouse.com, just so we have it there, slash brand call. I believe that's the link. That's it. Yep.

16:14brand call. If anyone at any moment, you can go to this page and open it up and submit a form because Rory has been a great partner and a great friend over the years. And we've had, I think thousands of people go through this process where if you're not clear on your business strategy right now, where you're going with your business, maybe you're distracted. You feel like, ah, I haven't been able to break through the a hundred thousand dollar mark or a half a million mark or five to 10 million mark or something is blocking you. Rory's worked with billionaires. He's worked with tons of New York Times bestselling authors.

16:53I don't know, like 30 of them, I think, in the last few years now or something crazy like that. And he's helped people at all different levels of their financial process and their business process create freedom from peace of mind and clarity on how to do this. he's got an entire team here that will walk you through a free strategy call. If you go to this page right here, lewishouse.com slash brand call, you can fill out a form to get on a phone with one of his key strategists to just help you get clarity on where you're at and what the next steps might be. So sign up for that call at any moment.

17:30We'll also link it in the comments below, but that'll be there for you guys to sign up. So go ahead, this new framework you're talking about. Love it. So to your point about the transition, because you made a split second decision to cut out a couple million dollars in revenue. That was a big, big, big swing, which is a good point, though, because you're able to do that when you're not married and you don't have kids and you don't have a lot of bills. one of the best things you can do financially to take more risk is reduce your expenses. Lower your appetite for material goods. And if you don't have a lot of responsibilities, you can take more financial risks.

18:04But regardless of where you're at on your journey, this will help you. So we call this the golden grid. And this is how you create the transition plan for your financial future. So it's really simple. So here's what we're going to do. we're going to look at this through two lenses so short term and long term okay and we're going to just do a super simple exercise right here is what we call your i said this earlier your primary business model your pbm then you have your secondary

18:53business model then we have ancillary revenue streams and a huge part of the power of this is just getting clear in your own life where am i and what am i dealing with now the most important one is this one we want to identify What is the one revenue stream that matters above all others? But pragmatically speaking, we have to look at that through short term. Like it might be your day job, right? Some of you watching right now, it's like it might be your salary job and you go, I have to succeed at work. I can't let that fail. It's paying the bills. It gives us health insurance and I'm saving money or like, you know, whatever.

19:40It could be a day job or it could be the thing you're doing now that you don't want to do. Like in your case, it was courses. Yeah. people thought of you in different ways, but in reality, on your financial statements, you made money from courses. The most money came from courses. The most money came from courses. So even just being clear to go, okay, I'm a lot of things, but what am I really? And this is a simple question to answer because all you got to do is look, where's the cashflow coming from, right? So you're going to put something in here and here's the thing. This is what you need to do or you have to do.

20:18this is what you want to do. Long-term. Long-term. But you have to do what you have to do in order to earn the right to get to do what you want to do. Yes. Now, the lower your appetite for material goods and the less obligation you have in your life, the shorter the runway can be because the more you can hit the gas pedal of risk and you can take off like you did. Now you're a married man. Yeah, yeah. It's over there. fortunately you married a sugar mama so it's even better yeah see the money magnet um but we want one thing here and we also want one thing here right so the key is we want four one things in these boxes um and sometimes this drops to this sometimes this drops here sometimes this drops off so it's it's different for everybody now down here you can dump other stuff yeah but so like right now my main business primary business model is ads ads advertise sponsors ads but an ancillary revenue stream is i've got a book right it's like a book and my audio book and the physical copy and speaking and speaking might be on there but you don't do that I don't do much at all.

21:39So it's like, I'll do it when it's convenient to me and it makes sense. But otherwise I say no to a lot of these things. The book is not like a massive revenue generator. It's more of a brand positioner and a service piece. How can I add value with my content and context? And it's a gateway to your main thing. It is. It's a gateway of drawing people in so that they'll consume my podcast in a deeper, more meaningful way. Things like that. I mean, if it makes a lot of money, great. But you don't have the control over that necessarily. You have to sell so many books to do that. So, but it's ancillary.

22:10And when you slot it, things become super clear. But until you put each thing in here, you go, for a lot of us in our mind, we have three things here. And you go, you're not going to succeed with three things here. Yeah. I'm a coach and I create content and I do sponsorships and I write books and I speak and do workshops and I do members. It's like all these things at once. And it's fine if this doesn't exist yet. That's long term, but we got to go. What is practical and real? How do we keep the lights on? But also what are we building towards? And we want to focus on this and ratchet this up as much as possible.

22:48And we have a we have a rule called the 7030 rule, which is basically the way to make a transition, because we ask this question a lot, right, is like someone someone requests a call and they go, well, I have a day job, but I really want to be a speaker. I really want to be an author. I really want to become a coach. We work with a lot of experts and entrepreneurs are the two primary groups we work with. And they go, how do I know when to make the leap? And the answer is 70, 30 is you go, all right. So right now we got to go, what's the main thing? And that's like a hundred percent of the money's coming from this thing.

23:23And then we want to build the new thing and we build up the new thing and to where the new thing is about 30 30%. And once it gets to 30, then you can make the leap and kind of like go for it. Because it's hard to get it past 30 without going all in. But if you're at least 30 % of your income is coming from that, you know it's going to work. You're doing 30 % with 10, 15 % of your time. Exactly. It's like, okay, I'm doing this on the weekends or at nights or whenever lunch break or whatever, I'm able to make this money. And now what if I had all my time, then I could go all in on it. And that 30 could get to, you know, maybe 50 pretty quickly, a percent of the money it was making.

23:59And then hopefully 100 percent and beyond. Yeah. And you when you look at money and doing new things, you hear the term runway a lot. And I think that's actually a good a good metaphor, because it's like, how how long is my window to succeed with the new thing? you extend your runway by limiting the amount of of cash that you need to get the thing off the ground so if you keep your expenses down you work pretty lean and you keep you stay out of debt and you uh you know then you're extending your runway you giving yourself more time to take off before the plane just kind of crashes so keeping the expenses down is a good thing but that's where we got to start and go, all right, what is, what is in this?

24:46Now there's really only five ways that personal brands make money. Um, that we've, what's that? We've seen that as well. Yeah, sure. We can actually, let's do it on this. We've got this up here. You want to do a new page? New page up there again. All right. You can run it up here again. All right. Right here. Yeah. Okay. Okay. Louis.

25:10House.com slash.

25:15Brand call. Okay. So. And so right now you're going to talk about the five different ways that personal brands can make money. Yeah. There's only five ways. There's not 12 or 17. Really? We put them into five categories. Okay, cool. Okay. We call them the paid. So there's five ways to get paid. And if you if you look at now personal brand to us also, you know, we've talked about this on other interviews. It does not mean speaker, author, coach. Personal brand is simply the digitization of your reputation. So we work with professional service providers, accountants, lawyers, doctors, chiropractors, because they're still a personal brand.

25:53It's anyone who's using their reputation to drive revenue for their local community services in their town or whatever might be their state. So not just someone who's also trying to reach a message to the world, like a lot of personal brands you work with as well. Yeah. Yeah. I mean, we work with some of the most famous, I mean, you know, people who reach millions and millions of people. But, you know, when you and I started working together, as I looked this up, that you had started the podcast when 2012? Yeah. 12 years ago. Yeah. So 2012. It's been five years since we started this process. I was doing the podcast for five years.

26:28You had done it for five years. It took you five years to get to 30 million downloads. Yeah, yeah. Now it's over a billion. When we started working together and we did Sheehan's Wall, you went from 30 million downloads to 100 million. 500 million. You know what it was? Yeah. In two and a half years. Something crazy, yeah. And then you've done another 500 million. It's like over 500 million since then. Yeah, yeah. So a billion, a billion. So you're a great testimony to the power of - Because we went all in and made it the primary thing. Right. And most podcasters, it's one of several things they do.

Read the full transcript

27:00So who's going to win? Somebody who just does it and it's all we care about and it's top-notch guests and top production quality and perfect editing and just all we promote or someone who kind of has a podcast they do a little bit on the side using Zoom and crappy cameras, right? You know, like that kind of thing. So, all right. So back to this. So if you have a pile of followers and you want to turn them into a pile of cash, five vehicles to do this. And before you share the first one, again, for those watching or listening, if this is resonating with you, leave a yes, leave a comment below that it's resonating.

27:38And if there's been an aha for you, let me know so we can see what you want to hear more of in the future around this type of content. Leave that. If you have a question around some of these things, feel free to type in a question as well so we can continue to be of service to you and know more of what you need to be successful. So the five things starts with what? All right. So the P stands for products, physical products, right? This is Sarah Blinkley with Spanx. This is Elon Musk selling Teslas. This could be selling day planners, T-shirts, like it's a physical product. You go, you look at Shark Tank, it's almost all physical products.

28:13That's food products. Yeah, it could be a shake, a vitamin, like a physical product. There's advantages and disadvantages of each of these, we can talk about it. The A is ads and affiliate. This is your model now. But it wasn't your primary business model when we met. Your primary business model was actually this, was selling information. So this is courses, coaching, consulting, membership, certifications, assessments. These are basically you could think of this as a digital product. That's a college or university as well. Yeah, college or university, great example. But you're selling knowledge of some type.

29:00Then the D is deals, which are third party deals, book deals, TV deals, brand deals, movie deals, licensing deals. This is where somebody is, usually a royalty is involved. That's like the classic sign. It's usually later in someone's career stage, but you're being paid in advance to create something and then you have an earn out that you get like a long tail, you know, loyalty or whatever. So there's deals. And then there's the one that is the, this is the fastest path to cash. And this is the one that is the biggest opportunity that most of us can break free with is services. And this is a time for money exchange.

29:49okay it's the fastest way to make money but it's the hardest to scale exactly but people poopoo on this because they're like oh well that's not scalable well something like coaching is a good example right people will be like oh you don't want to do the coaching coaching's not scalable well two things one any service is scalable through one mechanism you raise the price right i used to do keynotes at five thousand dollars now i do them at sixty five thousand dollars It's the same keynote. But is there a limit though? You can't scale to a million. No, well, I did an event. I did an event a few months ago, Tony Robbins.

30:22He got a million bucks. Right. So you can go pretty high, right? So one-on-one coaching, you raise your fee. Consulting, you raise your fee. The other thing is you create other people and you train them like Brand Builders Group, right? We have about a thousand clients in our coaching program. I know I can't coach a thousand people. That's why we have full-time employees. We certify them as strategists. It's what they do. So where would software go underneath? Usually software is kind of like it's information. It's like an information product. Gotcha. You know, so like email marketing service or software.

30:55A lot of that tends to sort of stick in here. You know, that's kind of like a digital product in some ways, but it tends to focus more on like. Now, any of them can be good. All of them is bad. The idea is not that you should do them all. The idea is that you should choose one and we have to weigh the advantages and disadvantages. And when we take questions, this would be somebody could could say, well, I'm trying to choose between these and we could talk through maybe someone's personal situation. So these are the only five ways to make money. Now, the question is, how do I know which one is the right one for me or which one is the best one for me?

31:33How do we know? Well, we use another acronym. We say, look for the dares. Uh-huh. Okay? D-A-R-E-S. Okay? Now, the dares are the perfect characteristic of a perfect modern-day business model. So, we're looking for things that are D, digital, whenever possible. Automated. A, automated. R is recurring. Yeah. E is evergreen. Evergreen. And S, scalable, is scalable. Digital, automated, recurring, evergreen, and scalable. So if you look at... If people can assess this for themselves right now and just think of what is my business model or all the different things that I offer, am I offering multiple things or one thing?

32:36And do I have 17 revenue streams or my going all in on one things. If you just looked at that first, you'll have a clear picture of maybe why something's working or why something's not working. And if you look at this as well, is my stuff digital, automated, reoccurring, evergreen, scalable, or is it only one of these things? Then you can also have some awareness around if something's working in your favor or not working in your favor and now what to do about it next. and so as you weigh if you were to take each of these and give them a score of like each of these it sort of tells you like okay what's the right fit for me you also add stress we that's stress score what's the stress score so how would you do both those scores yeah like if you were actually going to do it you'd go okay so products you go how digitized is this product how automated is it right so digital means it's digital there's no physical someone buys it and they get it instantly you don't have to ship something.

33:35That's right. You're not manufacturing. You're not sourcing materials. You're not dealing with warehouses. You're not dealing with shipping. You're not dealing with tariffs. Well, you still can have refunds. You're not dealing with like someone shipping back a refund physically and having to restore it or something. Like confinement. Yeah, you're not dealing with that. Automated means it's self-service. Like a vending machine technically is automated, even though it's not digital. It's got some automation to it, but you still have to go and serve it. You do. But you go, what's the level of automation here?

34:04How much is the customer dealing with it themselves versus you having to provide? Laundromats automated, but you still have to go refuel it every once in a while. So we've not founded a business model that is perfect on all of these. We get asked that question a lot. So the best example, because we do get this question a lot, is Netflix. So Netflix is digital. There's no physical inventory. It's automated. There's no salespeople. The customer is completely self-select. It's recurring. You pay for it every month. Don't they have ads and spawn promotions, though? They spend money on ads. Yeah, you got to sell it perpetually, but the revenue is recurring as a customer.

34:41You pay the$10 a month. It's evergreen because once a movie is in there, you never have to update the movie. But it's not evergreen. This is the part. You have to keep fueling it. New content all the time, otherwise people cancel. Yeah, yeah. And then it's pretty scalable, right? Like, you add a customer, it doesn't change anything. so you know there's different scores now like a laundromat can be a great business but you know you gotta look at the stress core and i also say you gotta look at passion right do you care about it do you want to do it like there's there's lots of ways to make money um and but it's also like with your does it align with your personal brand and what you what you want to do so that's all those are all factors to this right so we're just kind of weighing these out and and some of them And it's like, for you, you were doing this.

35:29So we knew that you understood the world of digital, but it was like you were launching stuff constantly and it was stressful. It's a lot. And meanwhile, it's like the podcast is sort of taking off to go, well, what if we just did this and the advertisers were just paying? And it wasn't even making any money really then. It was like barely. Low on the lip. We weren't even thinking about ads or affiliates at that time just because we're like, we just want to give it away for free and help people. And we don't, you know, any of that stuff. It was a traffic source to sell courses, really what it was at that time.

36:02Yeah, it was. But yeah, so each person is different. And, you know, we look at, you know, all of these things to help you. And that's why it's like, we can't tell you what's the right answer. It's unique for each person. It's a self-reflecting process, an assessment, assessing for yourself. We had a few questions come in here. I wanted to get to some of these. As a real estate investors or even just realtors in general, which category are they in with the paid section? Well, real estate agents for sure are down here in services. We work with a lot of agents because you're using your personal brand, not because you want to sell a course.

36:40You could do that. But most of the real estate agents we work with, they're trying to drive more listings or something like that. And if you're a real investor then what would that probably a time i would call that's a service really it's yeah it's like you're selling the service of your time to yourself because you're but it's like you're investing the money you're managing the money this is like a real estate investor is like a financial advisor basically right like your your business is finding opportunities to make money so i would you got to go out and source deals be on the phone you got to look at properties you got You've got to vet them.

37:12You've got to do all the due diligence. And we love real estate in terms of, you know, if you look at, if we went back to your quadrant three about going just how do you make money? Yeah. There's a few things that really make money, right? It's like, first of all, I have a friend, a good friend of mine, Jason Dorsey. He says, the money's in the money. You just want to get rich, just manage money. Just be in private equity. Take a small percentage of big transactions. like you make money managing money because you're a conduit. You are. Banks make money. Credit cards make money. They're just, you know, Venmo makes money.

37:47It's just little percentages of these. Big pies. Big pies. Or it's like, if you want to make money, like solve rich people's problems. Solve problems for rich people. Yeah. You sell private jets, you sell yachts or whatever. But real estate is the other one that's really great. You know, we also, we tend to be in like information marketing is a great one. Yeah. and you know there's network marketing like people can make real money we have a lot of billionaires that we work with the 100 millionaires that are in that space so there's lots of different ways to make money so real estate is a great one but yeah so I would put that one here in terms of what's that category but yeah it takes work the point I was going to make is there's no such thing as there's very few things that are true passive income and someone was asking about you know between all these is what is evergreen?

38:36And I'll share that from my perspective with the business model I have. One episode that I do on the podcast is not news related. So it's not like time bound of like, oh, I'm going to get a lot of views because I'm responding to something that happened in the news yesterday or today. And therefore everyone's going to watch this, but then no one watches it later. I do evergreen content on the School of Greatness. So I find a subject matter, an expert, a celebrity, someone who's fascinating or coming out with a new book, with new research or science, and I have them break down that subject matter.

39:12This piece of content right here, this is originally being recorded live from a money mastermind, or excuse me, money mindset class, masterclass. But this is being recorded and it will be up on YouTube and audio forever. And we'll be able to use clips of this on social media. will be able to continue to monetize this, putting it up once and making money on it forever, potentially, as long as the platform's around and they keep allowing for monetization. So I have videos on YouTube or audio episodes that continue to make dollars every single day from five, six, seven, eight years ago. Some of them make a hundred bucks a day.

39:54Some of them make five cents a day, right? But it's one piece of content and it's supposed to be evergreen where it can live potentially forever or very long periods of time. So that's evergreen. A book is evergreen in a sense, as long as it doesn't need to be updated constantly, as long as it's not, I don't know, around an idea that then, oh, there's new research and science that like breaks this idea and it's outdated. So as long as you make it evergreen, like this book is meant to be evergreen for, I don't know, of a hundred years because it's more around mindset. It's not about what's happening in the market today and how to invest for the next two years.

40:33It's not about that. It's about understanding who you are, how you interact with money and how to have a better relationship with money. And I think that's now and I'm going to be in a hundred years. So that's, this is evergreen. This content that you're listening to watching is evergreen. This format of paid and dares is an evergreen IP, an evergreen concept. Intellectual property. Right. It's your own IP that this will last for a long time. You could use this IP for decades and it'll still be relevant for people today and in 10 years. So that's the concept of evergreen. Do you think you want to expand on that?

41:15I mean, I think you hit it. Evergreen means it doesn't need to be updated. Yeah. Right. If I wrote a book about AI or a book about social media. It's going to be updated every three months. Yeah. I mean, it's like it's outdated before the book hits. Exactly. Exactly. So that's what Evergreen is. We have another question that looks like that came in. Yes. What? Where do I find a good accountability partner or mentor? Well, I think the first place you want to start with, I think, is finding the information. Depends on where you're at. If you're broke, I think the best place to start is finding free content where you respect someone's ideas or their story or their career or their legacy of their life, where you can go and learn from them for free.

41:55So I have that with the podcast where I bring free content from people. You might be able to read someone's newsletter or blog posts or watch their content on social media, read their books, things like that, where you can start depending on the level you're at. And by the way, on the free thing, it's good to pay for things. And even if you don't have money, like you should share, share Lewis's content, share the episodes, like comment, leave reviews. You ask for a review on the book that you can pay. That's generating. That's creating the generosity flow of like, thank you for this incredible free content.

42:29Let me share it with a friend. That's how you pay and start that flow. But if you're in, you know, when I was getting started, I was using LinkedIn to reach out to local leaders. I was joining Toastmasters. We were both in Toastmasters and I found a mentor who taught me how to do public speaking in Toastmasters. I think it's like a hundred bucks a year or something like that. So you can find it by joining communities or local business networking groups. You can find local mentors who are even just a few steps ahead of you who you can really learn from. They don't have to be billionaires to learn from them.

43:02But if you're in the entrepreneur, content creator, personal brand expert, you're a doctor, you're a real estate agent, you're someone who is building credibility in an industry, the best place to find mentorship truly is to do a strategy call. And if you just go to lewishouse.com slash brand call, the link is right here. You can get a free strategy session from one of Rory's top strategists here at Brand Builders Group. So I would go there If you're looking to build your business, your personal brand, your messaging, and expand your influence, whether you're a doctor, a real estate agent, a dentist in a local community, and you want to expand there, or if you're an author, a speaker, a content creator, and you want to expand to the world your message, sign up for a call right now and get a free strategy call at lewishouse.com slash brand call.

43:55Let's see if there's another question. There's another question. This is good. Go ahead. So it says how to scale as a doctor, like one client at a time. Okay. Okay. So when you look at how to scale a service, so I'm going to answer this question specifically, but then it's going to trigger me for a framework that I think will apply to everyone. Perfect. Okay. So for a doctor, and one of our clients is Dr. Gabrielle Lyons. She's amazing. She had her on your show before. She's phenomenal. Phenomenal. So any type of service, I think the two fastest ways to scale a service, one is you raise your price, right?

44:32As a speaker, this is one of my revenue streams, my secondary revenue stream is speaking, right? You raise your price. The other is you train other people how to deliver the service for you and you run the marketing and sales engine to drive that in. Leads. Yeah. You're basically driving leads and customers, but then you're outsourcing the delivery. That's what I do now at Brand Builders Group is, you know, I don't coach very many people one-on-one. There's a few, right? There's - For the right price. For the right price. And there's high profile people that I work with, et cetera. But many times I don't need to be the one because our curriculum is so tight and trained to our strategists, we can scale it and we can offer it much cheaper because it's not dependent on me.

45:15So that would be one thing. But for both a doctor and for everybody, I want to do another monetization framework. We've never talked about this before either. So this is good. All right. So let me put this back up here.

45:34LewisHowes.com forward slash brand call. All right. This concept is something that we call Fractal math. So this is an advanced monetization strategy. And if someone's a doctor, I think this is, it fits anyone who is like a real expert, they can do this. So here's the concept of fractal math. The concept of fractal math says that 10 % of your customers will invest 10 times more. Really? Let's say you have a$30 product $30 product. And you have a thousand customers who bought it, right? So you have a thousand customers. That is 30 ,000 in revenue. Makes sense, right? So you got sort of like this kind of situation.

46:41You got 30 customers or$30 product times a thousand customers. is 30 ,000 in revenue. Now, if you said, how do you double your revenue? One obvious way is - Double your customers. Double your customers, which is how most of us would think, go get a thousand customers. And that's not bad or wrong, but it is the most expensive way to double your revenue. The hardest probably, right? And the hardest. And the reason is because the hardest type of customer to get - Is a new one. Is a new customer. Also, the most expensive type of customer to get is a new one. Inversely, the most profitable type of customer to get is an existing one.

47:21And so if you apply this concept of fractal math here, and you go 10 % of your customers, which are these thousand, so 10 % of a thousand would be a hundred, will invest 10 times more, meaning they would buy a$300 product. so now you have more like you know this kind of scenario something like that what is 100 times 300 is this is 30 000 30 000 there you go so you just doubled your revenue here's what's wild about this you doubled your revenue without adding a single customer acquisition cost um you just made a new offering. What's happening here typically is intimacy is increasing. So more time, more connection to you, more access to you, more something where you're invested in them deeper.

48:24Yeah, you got it. It is so this continues on, right? So you'd have 10 of these people would buy a$3 ,000 product. That's another$30 ,000 in revenue. And then one person... Would spend$30 ,000. Yep. $30 ,000 product. One. Yeah. And one customer over here. And the graphs keep... Yeah. But you've quadrupled your revenue without adding a single customer, right? So if we kind of go like this, right? this is this and this is something like this um wow now so that is how fractal math works this is for advanced people remember she hands wall in the beginning you want to do this you want to don't want to odd all these you don't want to start with all this you want to do this and you want to crush it max it out max it out when that baby's running on autopilot right and If you're a doctor, there's a good chance where you go like, you've been doing it for a hot minute.

49:33And you're like, how do I scale? I'm starting to think about that. You go, okay, how many customers have you had over the years? Some number of people will invest 10 times more. This is what, you know, my doctor now, I pay my doctor. We have a private physician. We just pay a monthly retainer, whether I use them or not. But they're there like, they're on call. They come to you. They come to me, whatever. Like if, if, if there, I need a script or something like they do telehealth. I mean, they're just, they're not waiting in lines at a CVS. You're not going to like urgent care or you're just like, Hey.

50:05And by the way, so we haven't talked about this, but one of the most important concepts of, of how rich people think is most people spend time to save money. Rich people spend money to save time. Yeah. And that's when you really get, when you get into that, um, a healthy relationship with money and you go, my, my time matters way more than my money. I will spend money. That's why we hire people, right? It's like, we're hiring people constantly. Cause it's like, I need stuff done so that I'm not doing it. I'm spending. When you do coaching, when you, you know, this question, somebody asked is a great one about a mentor.

50:44Why do you spend money? because it's like, you could figure out how to become a New York Times bestselling author all on your own. Probably going to take you 20 years. I can teach you in two days how to do it. Like exactly here's everything you do. And that's when we've done it several times. Same thing. You know, you want to be a Hall of Fame speaker? Like we can teach you in two days. Like here's this system, you know, real estate investing. You could stumble your way through it. You could pay someone, not us, because we don't do this. I'm going to teach you how to do it. So you're spending money to save time and that's what people are doing here um by the way so if you look at increasing price points um what we what we typically look at is you go here's how to either make an offer more enticing or to um um have them pay more recall this making it making your offer sexy okay so what we want is um we're giving people people will pay for speed people will pay for execution which is like done for you people will pay for exposure and then people will pay for intimacy which is you know intimacy which is access sorry i'm running out of space here but good intimacy so i was talking talking about intimacy here But that's how you you move people this way by increasing the speed, increasing how much of it's done for them, giving them additional exposure or intimacy.

52:19And let's see execution. Execution. So like someone executes it for you. Yeah. So, for example, so I would just use Brand Builders Group as an example. Right. So like somebody is asking this question, would a brand strategy call work if I don't yet have clarity on my brand? I'm a viewer who wants to speak to young athletes and students. absolutely you're the you're the epitome of what what we do today has been all about money normally what we do is help people get clarity on what their brand message is who their audience is all that what problem they solve um first but we were a strategy firm first what's happened is people are like okay well once i get clear on the strategy who who do you recommend i use to build the websites and write the copy and like do all the marketing automation and build Facebook ads.

53:07And we have not touched it because we weren't able to, but now we have reached a point of scale over, over seven years. We now have 50 employees and you know, we're an eight figure business. We now have something called instant automation toolkit where we can help people execute upon some preset number of things that we do. That's execution. It's like, oh, it's done for you. right so speed execution exposure intimacy and intimacy that's how you increase you either increase the price or if you were just doing this and you wanted to get more people to buy this you give them these as bonuses that's beautiful that's what creates conversion and someone was asking how can i stay encouraged when uh when others doubt my passion driven work why i think one thing spend more time with people that are encouraging you and less time with the people that are discouraging you, or just don't talk to those people about your stuff.

54:01If they're constantly doubting you or saying, ah, you should be going for something else. It doesn't mean you have to remove these people from your life forever. It's just maybe talk about your passion work and your projects with other mentors, friends who are kind of guiding and encouraging you more and really supporting you. And you can also have a conversation with those that are discouraging you if they're friends or family and say, Hey, listen, I know you're worried about me doing this, or you've seen me fail in the past, but this is something that really lights me up. And I want to feel close to you.

54:32I want to feel intimate to you. But sometimes I feel discouraged when I bring this to you. My request is that when I do bring it to you, you be positive with me. You accept it. You know, you encourage me. You give me good feedback and coaching. Or you just don't doubt me. You can be neutral. Just don't kind of crap on my ideas. that's one thing I would do is really find a couple of good people that believe in you, that are your cheerleaders. And at the end of the day, you may not be able to find that, but you've got to be the one to be a cheerleader to you either way. There may be seasons of life in that space.

55:09So one thing on this, because this is an important question where you go, how do I stay focused on my passion when other people are discouraging me? one of the things that is so true about this you'll you will never experience haters who are further ahead than you are that's true like people who are successful they don't have time to hate on other people it's almost always from someone who is not on the journey and the other thing is like don't don't take discouragement from someone who you wouldn't take their advice if they haven't done what you've done, their opinion is irrelevant. Now, if they have done what you're trying to do, I actually would listen to that person.

55:52Or listen to them. I would listen to that person, but it's almost never someone who has done the thing you're trying to do. Yeah. Rory and I have never left a negative review on another author's book. We've never said, this book sucks, I'm going on Amazon and I'm typing how bad they wrote this book. Because we know how hard it is to write a book and put it out there. You know, I've never gone to a podcast and said, this podcast sucks on Apple podcast because I know that people are doing what they're doing. And I'm not even thinking about that. And I'm thinking, how do I leave a negative review and criticize someone?

56:24It's not really my place to do that unless someone is asking me for feedback. But speaking of feedback, I am asking you for feedback, go to Amazon and leave me a review for the book and let me know again, if this has been supportive or helpful for you in any way today, leave a review and let me know your thoughts. Let's buy a copy for a friend as well. And let's help people have a more empowering, powerful relationship with money so they can feel emotionally abundant and create the financial abundance as well. And Rory, as we wrap this up, I don't think we knew exactly what we're going to create today.

57:01We did. But I feel like from the beginning, if we go back to the beginning for everyone watching live or anyone watching this replay, this evergreen piece of content that could last forever. We talked about the relationship each one of us has with money and trying to identify it as if it was a person. And what that relationship looks like, feels like in our interaction with money on a daily basis. We talked about our beliefs and our behaviors that are in alignment with our beliefs and probably why we have the money or the life we have today and the energy tied into money. Then we went over a number of frameworks that you taught me seven years ago that have helped create me a level of financial abundance that I didn't have before with the level of peace around that money and less stress of trying to do it all.

57:53and also this is stuff that you've been teaching people for the last seven years now you've helped over a thousand clients that you have currently you've helped a lot of billionaires launch books get clear on their message their brand identity you've helped people at the beginning stages people who have already made it at bigger stages reinvent and everything in between and so whatever spot you're at whatever starting point you're at whether you've made it you're trying to reinvent or you're just getting started, I highly recommend you go to lewishouse.com slash brand call right now and just fill out the form.

58:29It's a quick questionnaire. You can get on a free, I think it's like a 15, 20 minute strategy call with one of your top strategists who have all this information, who's also been in these rooms, worked with these big influencers. How many New York Times bestsellers have you gone through this process or coached in some way now? Well, we've helped 60 clients become New York Times, USA Today, are national bestsellers. We've had 12 of our clients in the last 15 months have become New York Times bestsellers. Right. Exactly. And you help people scale their revenue streams, their opportunities. But again, just drive leads to their business.

59:05I mean, it's just using your personal brand to get your expertise out there, just like you do, adding value to the world, building trust at scale and driving those as one leads into your business. Exactly. So whatever point you're at, if you're looking for more emotional peace, you're going to get the frameworks from Rory and his team about how to get clarity on your business, which will give you more joy and peace emotionally and not stress of trying to figure it all out. And if you're looking for more financial abundance, the same thing you'll get by going through the process and executing it when you sign up for lewishouse.com slash brand call.

59:41So whatever point you're at, you're at the right place, get signed up. And I want you to share below in the comments on YouTube or on social media, your biggest takeaway from today? Maybe it's something we said in the beginning. Maybe it's one of these last things. Maybe it's one of the acronyms. There's all these different things. We've got pages of frameworks here. But what was the thing that stood out the most for you? Leave a comment below. I'm curious where you guys are at. And how can we continue to support you moving forward? If you have a question, if you want to learn something new about building your personal brand, your business, or your mindset around money, leave that question below.

1:00:18And maybe we'll do some more content in the future. Other than that, guys, thank you so much for being here today. We hope this has been valuable. I want to thank Rory for allowing us to use his incredible space here at Brand Builders Group. This, again, was the Make Money Mindset Masterclass. The new book is out right now. Make sure you guys grab a copy. go to Amazon, go to your local bookstore, get a copy right now. If you already have one, get one for a friend. Go get one for a friend that you want to see continue to thrive in their emotional abundance and their financial abundance in their life.

1:00:56And please leave a review over on Amazon or Goodreads or wherever you want to leave a review. And with that, I appreciate it, Rory. Any final thoughts around the biggest takeaway for you or that something that opened up for you from our conversation, whether it's something I said or something you said? Well, I think the way that you present that metaphor of think of money as if it were a person, if you learn about the person, you care for them, you serve them, you treat them well, you're going to have a great relationship with that person. One thing that dawned on me that we didn't talk much about is those people who are in that quadrant two, sometimes they think it's like unholy to have money.

1:01:37But there's a great story right out of Jesus's mouth. It's the parable of the talents. Yes. So good. And, you know, basically he says, you know, if a master were to leave his household and he leaves, you know, these three people, these talents like money, he gives one guy five talents, one guy, two talents and another guy one. And he comes back years later and the guy has five talents. And he says, you know, what have you done with these five talents? He said, I turned it into 10 talents. And he says, well done, my good and faithful servant. May you be blessed. And then he goes, the guy with two talents, he says, what have you done with my two talents?

1:02:10He said, I turned it into four talents, you know, and he says, well done, good and faithful servant. And then he goes to the one with one talent and he says, what have you done? And he said, I was scared of losing your money. I know how shrewd you are. So I buried your talent and here is your one talent return. And he says, you wicked and lazy servant, take your one talent and give it to the one who has 10 talents because he who has done well, what has been given to him will be given even more. And he who has not done well with what he has, even what little he has will be taken away from him. All of us have whatever your spiritual belief says, the power of God inside of us.

1:02:45We're creators. We're multipliers. We don't need to hoard money. We have a God that provides for us and cares for us, right? Says right in the, Jesus talks about this, like God provides for the birds. The birds don't store up anything and he provides for them. God closed the flowers with beauty. they don't do anything. He provides it to them. So we're, we're the beneficiaries of a God who can bless us abundantly. Our only job is to take what we've been given in terms of our time and our talents and go out and serve people and help. So I would just say, serve, create, expand, multiply. That's how you make money easy.

1:03:24That's a beautiful, beautiful way to close it up. So Rory, thank you so much for your service, for teaching us, for helping me and my journey. I appreciate you guys all for being here and we'll see you in the next interview I 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 want to make it easier. You want to make it flow You want to feel abundant then make sure to go to make money easy book.com right now and get yourself a copy I really think this is going to help you transform your relationship with money this moment moving forward.

1:04:06I hope you enjoyed today's episode and it inspired you on your journey towards greatness. Make sure to check out the show notes in the description for a full rundown of today's episode with all the important links. And if you want weekly exclusive bonus episodes with me personally, as well as ad-free listening, then make sure to subscribe to our Greatness Plus channel exclusively on Apple Podcasts. Share this with a friend on social media and leave us a review on Apple Podcasts as well. Let me know what you enjoyed about this episode in that review. I really love hearing feedback from you and it helps us figure out how we can support and serve you moving forward.

1:04:44And I want to remind you if no one has told you lately that you are loved, you are worthy, and you matter. And now it's time to go out there and do something great.

From the publisher

Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy!

The relationship between money and happiness isn't what most people think it is - and Brand Builders Group CEO Rory Vaden proves this through a masterclass that reveals why scattered revenue streams keep entrepreneurs broke while focused strategies create lasting wealth. I joined Rory in his Nashville studio to dive deep into the frameworks that transformed my business from 17 different revenue streams into a billion-download podcast empire. We also explore the emotional blocks that sabotage financial success and the practical systems that unlock abundance. Through powerful metaphors like treating money as a person you're in relationship with and understanding the four quadrants of financial and emotional wealth, this conversation exposes why most people stay stuck bouncing between financial success and spiritual emptiness. The insights here will fundamentally shift how you think about money, business focus, and the pathway to both financial freedom and inner peace.

Schedule Your Complimentary Brand Strategy Call With Rory Vaden’s Team Today!

Get Rory’s new book Wealthy and Well-Known: Build Your Personal Brand and Turn Your Reputation into Revenue

Get Rory's new book on audio

Rory’s book Take the Stairs: 7 Steps to Achieving True Success

Rory’s book Procrastinate on Purpose: 5 Permissions to Multiply Your Time

In this episode you will learn:

  • Why having multiple revenue streams is terrible advice for beginners and how "diluted focus creates diluted results"
  • The four quadrants of wealth - from being broke financially AND emotionally to achieving abundance in both areas
  • How to treat money like a relationship and why your current dynamic determines your financial reality
  • The "Sheehan's Wall" principle that explains why successful people focus on ONE thing until they break through
  • Why 10% of your customers will invest 10 times more (fractal math) and how to build profitable business pyramids

For more information go to https://www.lewishowes.com/1792

For more Greatness text PODCAST to +1 (614) 350-3960

More SOG episodes we think you’ll love:

Dean Graziosi  – greatness.lnk.to/1766SC

Alex Hormozi – greatness.lnk.to/1723SC

Dave Ramsey – greatness.lnk.to/1758SC

Get more from Lewis! 

Get my New York Times Bestselling book, Make Money Easy!

Get The Greatness Mindset audiobook on Spotify

Text Lewis AI

YouTube

Instagram

Website

Tiktok

Facebook

X


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More from The School of Greatness

All 567 episodes
Use This Mindset Shift To Set You Free FinanciallyThe School of Greatness · 1 h 5 min
Listen in VO