Pod Insights On Purpose with Jay Shetty 3 Daily Practices of Successful People & 2 Ways to Improve Your Relationship with Money About this episode Today, I am bringing something new to the table. With my good friend, Lewis Howes of The School of Greatness podcast, we’ve decided to join our heads together to talk about conversations that are uncomfortable, pressing on taboo topics, a bit thought provoking, and sometimes awkward to discuss openly. This is a space where we try to answer questions many of us may have thought of but didn’t have the opportunity to freely seek for answers.
So, welcome to the first episode of the Awkward Therapy Conversations. Lewis and I address the doubts surrounding our spirituality and becoming successful. Can we aspire to be wealthy and be spiritual at the same time? Do we have to give up success and wealth to deepen our spiritual intention? Let’s try to evaluate our relationship with money, how to stay humble throughout this journey, why success built on purpose is more fulfilling than just accumulating wealth.
Key Takeaways:
00:00:00 Intro
00:04:21 Can you aspire to be wealthy and be spiritual at the same time?
00:06:15 Should we admire people who are wealthy?
00:10:20 Influential people with deep spiritual intention
00:20:19 How have you stayed humble in success?
00:31:55 Purpose is the only thing that keeps giving to you
00:39:00 Stories of success
00:43:46 What is your daily spiritual practice?
00:47:28 The biggest thing we struggle with
00:53:41 Money comes to you when you’re ready for it
00:58:05 Let’s evaluate our relationship with money
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Transcript 12,697 words · 2 speakers
Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.
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2:16 Jay Shetty? And when everything around you is changing, it helps to have a few things you can rely on. AG1 Next Gen is one of those easy habits to keep. It's the clinically backed, comprehensive daily health drink that supports your gut health, energy production, and foundational nutrition all in one scoop. AG1's ingredients are sourced from quality partners for absorption, potency, and nutrient density to deliver the foundational nutrition your body needs. And alongside a proper diet, AG1 Next Gen meets 94% of nutrient requirements and is clinically shown to enrich the gut microbiome. For a limited time, save 20% on your first subscription order of AG1 Next Gen or AG1
2:59 Jay Shetty? Pro at drinkag1.com/onpurpose. That's drinkag1.com/onpurpose. Hey everyone, welcome back to On Purpose, the number one health podcast in the world. Thanks to each and every one of you that come back every week to listen, learn, and grow. Now, last month, we put out an episode, a special one, with my friend Lewis Howes, where we dived into relationships. We talked about whether it was possible to be with one person for your entire life, and whether you could really, truly know someone deeply with very little time with them. Now, this month, we talked about another fascinating topic.
3:40 Jay Shetty? Maybe you grew up with some thoughts around money, like money is the root of all evil, or maybe you grew up with a thought that money doesn't matter. Now, we had a really fascinating conversation about whether you can have money and be spiritual, whether you can be doing good in the world and doing good for yourself. If you're someone who's ever been in that dilemma, or been in that challenge, or even if I had some complicated relationship with money, I think this episode is going to be huge for you. So make sure you listen to this one, share it with a friend too. I think we have so many issues around our mindset around money, which creates so many issues in our life with money. I hope you enjoy it.
4:30 Lewis Howes? Me and Jay are here and a year ago Jay and I were having conversations and we said, wouldn't it be interesting if we do a new series where Jay's got one of the biggest shows in the world. I've been doing my show for a long time. And we said, what if we could come together and do a different topic, a different theme, a different style of conversation where we're typically interviewing other people. And I said, let's create something where it's like awkward conversations or awkward therapy, right? Where neither of us are therapists, but Jay has this incredible background from, you know, being a monk and really being a meditator for a long time in your life and having the mindset of this monk mindset where I've had
5:14 Lewis Howes? the more of the athlete mindset, playing sports my whole life at a high level. And we said, what if we could bring our real world experience from these different perspectives come together and answer kind of challenging questions that we get a lot from our different audiences. And so we're creating, this is part one of awkward therapy. And we've been trying to make this happen for a year now. We're finally here. So what's the first question that we are going to answer? The first topic that you think we should really dive into?
5:45 Jay Shetty? Well, I was gonna start off Louis though by saying that the thing I love about this is we have these conversations anyway.
5:52 Lewis Howes? All the time.
5:53 Jay Shetty? Offline, all the time.
5:54 Lewis Howes? All the time.
5:54 Jay Shetty? And so for those of you that don't know, me and Louis always make sure that we see each other there at least once a month to have dinner together, go on a hike, hang out. And that will inevitably turn into this.
6:04 Lewis Howes? It's four hour conversation.
6:05 Jay Shetty? Conversation about life.
6:07 Lewis Howes? Yes.
6:07 Jay Shetty? And we just thought, how cool would it be to have those conversations that are uncomfortable, that are pressing on taboo topics, that are a bit thought provoking, pushing on the side of like, oh, that feels really awkward and uncomfortable. Because I think that people are thinking this, but they don't have a place to say it.
6:26 Lewis Howes? Yeah. And we, and we say to each other, and I'm like, I don't know if we could say this outside of this private conversation, or if we're gonna get a lot of backlash, or, oh, maybe I shouldn't have said that Jay, you know. These conversations that it's just like, how can we create a safe environment to have open conversations? I love what Emmanuel Acho has done with his conversations with a black man, right? It's like these kind of uncomfortable conversations. How can we just put these things out there and be open minded to it? Not be so judgmental or critical. There's no right or wrong, but we're going to come together and have conversations to try to figure out some solutions to some of these bigger questions that a lot of people have.
7:07 Jay Shetty? Yes.
7:08 Lewis Howes? And obviously you've done a lot of work on your own and you've interviewed and are friends with a lot of top elite individuals in different walks of life, myself as well. And so we wanted to bring it together and see what we can come up with.
7:20 Jay Shetty? I love it. I'm excited.
7:21 Lewis Howes? I'm very excited. We've been trying to make this happen for a year. So this is awkward therapy part one.
7:27 Jay Shetty? Yeah.
7:27 Lewis Howes? And the first topic of discussion is what?
7:30 Jay Shetty? Yeah. So the first question that we were going to address today is can you be aspiring to be wealthy? Or make money and be spiritual at the same time?
7:43 Lewis Howes? Yes.
7:44 Jay Shetty? That's the first question.
7:45 Lewis Howes? And I think a lot of people growing up, I think both of us probably growing up had these limits around people who had money and thinking, are they good or bad people? Are they controlling? Are they mean to people? You know, if you have money, can you be a good person or have some spirituality to you? Or is it only one or the other? You can either be Mother Teresa and serve. You know, you can only be Jesus and watch people's feet and be, you know, humble or you're this money hungry individual, right?
8:15 Jay Shetty? Yeah. And I, and I think that when I was growing up at least, I grew up in an environment where the people around me believed that if someone was wealthy or someone was rich. That they must have done something dodgy or bad to get there.
8:31 Lewis Howes? Like illegal or sketchy or?
8:33 Jay Shetty? Yeah, it must be, yeah, sketchy or illegal activities, or they must have stabbed someone in the back. Or they must have hurt someone, or they must be taking advantage of someone or manipulating someone.
8:45 Lewis Howes? Using, abusing.
8:46 Jay Shetty? Using and abusing. That's the only way they could have got there.
8:48 Lewis Howes? Really? Yeah.
8:49 Jay Shetty? And generally, the idea that we all know of that money is the root of all evil. I think that was something that I was exposed to a lot as a child. Where a lot of people around me believed that, and, and we weren't wealthy. So we weren't in a position of financial strength. And often, my extended family and others would look to people with wealth. And if we would admire that or see something, they would be quick to like dampen that and be like, no, no, no, no, no, they, they, you know, they just do all this kind of stuff. And so I think there was always that negative view towards people who were rich.
9:23 Lewis Howes? How do we, how do we get to a place of, should we admire people that are wealthy? Should we, should we look to that and say, it's really cool what they've built? Should we admire the accomplishment of uh, amassing a ton of wealth? Or should we, or is that not something to admire?
9:42 Jay Shetty? That's, you always ask the best questions, man. This is like,
9:45 Lewis Howes? You know what I mean?
9:46 Jay Shetty? That's such a great question.
9:47 Lewis Howes? Do you admire the results? Or do you admire the person they've become on the journey of accomplishing the results? And how they, how the actions they had in order to get there?
9:58 Jay Shetty? So this is my interview, Lewis, so I'm gonna make you answer that question first. I wanna hear your thoughts. Cause I've got my answer. I know what I wanna say.
10:03 Lewis Howes? Well, I think this is interesting, cause I was gonna ask you about, No, I was gonna have a conversation about how you first, cause I remember having this conversation years ago with you, where you never thought that like, making money was for you. You were just like, struggling in New York City, trying to make it. And kinda lived like month by month in a sense. And you told me you kinda had this limit around, can I be spiritual and make a lot of money? Can I serve the world? Make wisdom go viral and also is it okay to receive money? Is it okay to like charge what I'm worth? Or charge more for my services? So I remember having this conversation with you.
10:45 Lewis Howes? And I was like, I vaguely remember what I said. I said, you know, I think you're doing a disservice to yourself by not generating more to be able to then hire more people to scale this message beyond. So you're not putting all the weight on your shoulders. To be able to invest in more nutrition and food and comfortable sleeping space for yourself, all that stuff. So you can serve at a greater level. And so I think I'm answering the question where I was like, I think if you're doing your life and you're being in service and being the best you can be and as kind as possible to people on that journey, then I think it's both admirable and it's cool to see what you could create financially as well with the impact you're creating in the world.
11:27 Lewis Howes? But it's all about how you show up on the day to day, how you treat people in the journey of amassing the wealth. I think that, but if you've generated a lot of money, but you've been a jerk or you haven't been in service except for to yourself only, then that's not something to admire as a whole man perspective.
11:45 Jay Shetty? Yeah, yeah.
11:46 Lewis Howes? That's my thought.
11:47 Jay Shetty? I think that's beautiful. I love that and I remember that conversation as well. And I want to go back to that question you asked though, because it's such a, it's such a powerful question that should we admire people who are wealthy? And I think we have to be careful about what we admire. Because what you admire will be what your actions aspire towards.
12:09 Lewis Howes? And you'll start taking on those actions.
12:11 Jay Shetty? Correct. You'll start taking actions and behaviors and decisions towards what you admire. And so I would say that I've always admired people who had a purpose. That's what I admire deeply. When I meet someone, I say there's two things that I admire. Purpose and humility. Like if I meet someone who has purpose, they're willing to sacrifice, they're willing to do whatever it takes, they are mission driven, they want to serve the world. It's why I was always a fan of yours from before we even met and we knew each other because I was like, oh, here's a person who really wants to do good in the world. Here's a person who really wants to give. And so I think that's the first thing I look for.
12:53 Jay Shetty? And then the second thing I deeply admire is someone who has humility, someone who I feel that they were really doing it from the goodness of their heart. So I think for me, my admiration has always been for those two things.
13:05 Lewis Howes? Mm hmm.
13:06 Jay Shetty? And I don't think I can tell someone whether what they admire is right or wrong, but I would say that if you admire something, your actions are gonna start dictating your journey in that direction.
13:16 Lewis Howes? Right.
13:16 Jay Shetty? And so you have to be careful what you admire.
13:19 Lewis Howes? Hmm.
13:19 Jay Shetty? Because that's what you're gonna chase.
13:21 Lewis Howes? Right.
13:22 Jay Shetty? And so I would say that I like admiring purpose and humility because I think they are worthy of a pursuit.
13:29 Lewis Howes? Sure. Who are some people that we could think about, uh, you know, who have amassed a lot of money, but also we feel like are purpose driven and in service to whatever their gift is? Who are some people that we can think about?
13:43 Jay Shetty? Yeah.
13:44 Lewis Howes? Um, I, I wasn't thinking about this beforehand, but I'm just curious about who is living that lifestyle right now?
13:50 Jay Shetty? Yeah, that's, and that's a tough question, but, and, and I think, I mean, I'd say we know, we know a few people in our own world. I think people that I've, I've always admired and looked up to are anyone from, like I'd say, that's a hard question. There are, there are people that come into my mind right now, but I'd probably say that I think Oprah's work's been phenomenal, like the conversation she's had.
14:14 Lewis Howes? Hmm.
14:15 Jay Shetty? That have shifted culture or shifted humanity on her TV show.
14:20 Lewis Howes? Because she's brought in entertainment, uh, you know, TV show, but brought in the elements of healing, of prayer, of meditation, of spirituality, of, uh, you know, creating consciousness in the planet, which I think is powerful. So she's bringing purpose to entertainment.
14:37 Jay Shetty? Yeah.
14:37 Lewis Howes? And she's built a massive empire financially, been rewarded for that service.
14:42 Jay Shetty? Exactly, exactly. And I think that's a great thing. I think that's the reason why I find this question so interesting because if we're saying, That spiritual people can't be rich. That means that spiritual people have to be poor. That means all the people that are rich are not spiritual.
15:01 Lewis Howes? Right.
15:02 Jay Shetty? Is that the world we want to live in? Do we want to live in a world where the wealthiest people or the most externally, people who have the most resources are people who don't have spiritual intention? I don't know if that's the world I want my kids to grow up in or the world that I want to live in. I would rather grow up in a world where the most influential people had a deep spiritual intention.
15:25 Lewis Howes? Yes, and with that spiritual intention, they were, I guess, were rewarded financially for their level of impact and service. The challenge, the interesting thing is, if you have that much humility and you have that much spiritual intention towards your life and service, does the money matter?
15:45 Jay Shetty? Yeah.
15:45 Lewis Howes? Does it, does it matter as much like the more you earn? And does it really impact the individual's life if they have a million dollars or a hundred million dollars? That's the interesting thing also.
15:57 Jay Shetty? Yeah, I mean, I'm interested in hearing your point because the perspective you gave to me a few years ago when, when you brought up that point, like, I remember having like hundreds of millions of views. And then being four months away from being broke.
16:11 Lewis Howes? I remember this, man. It's crazy to me to think that.
16:13 Jay Shetty? Yeah, and, and it was really true. Like, I would sit in meetings and people would be like, "How many views have you had now?" And I would share that. And I was getting all this incredible feedback. And then I, I didn't have any money and I was literally going to be broke in four months. And what I realized was that that was negatively impacting the amount of impact I could have sustainably, long term. And it's what you said to me that, what if you're making money, but then you're investing that in your team? What if you're expanding and creating more opportunity like today, where we have? Teams across the world, you have your team here, I have my teams, who are also living their purpose.
16:55 Lewis Howes? Yes.
16:55 Jay Shetty? And we can only employ them because there's growth in this regard. And then they're getting to have a deeper impact. So to me, it depends on what scale of impact you want to have.
17:06 Lewis Howes? Yeah, and I think also spirituality for me is harmony. It's having peace and inner peace. And if you're financially stuck, or you're financially struggling, or you feel trapped in financial debt and confusion of financial aspect of your life, then I feel like that's holding you back from your spiritual progress.
17:27 Jay Shetty? Yeah.
17:28 Lewis Howes? So it's figuring out how to have harmony and balance in these areas of your life, in your relationships, in your health, in your finances. For me, it's so key. And going deeper spiritually in all of those, so they're all abundant.
17:40 Jay Shetty? Yes.
17:40 Lewis Howes? If one is not abundant, then are you maximizing your spiritual capacities?
17:46 Jay Shetty? Yeah.
17:47 Lewis Howes? Of this lifetime?
17:48 Jay Shetty? That's beautiful. That's well put.
17:49 Lewis Howes? And so I think it's, and I think so many of us grew up thinking that money was the root of all evil, or people with money were bad, or this and this, whatever we thought of. But I think it's time to start changing the narrative and saying, okay, I'm gonna use money for good. And how can I make a commitment to myself to use some of my money to be in service of other people? Not just all for myself, or needing the flashy cars or things. We both like nice things. You like fashion and experiences. I love travel and adventure, and healthy foods, and investing in that. You know, we take care of our health. We have trainers, nutritionists, these things. I think it's important so we have more energy and capacity to be of service.
18:33 Lewis Howes? So I don't think there's anything wrong personally with making a lot of money or having focus on profit and purpose.
18:40 Jay Shetty? Correct.
18:40 Lewis Howes? But I think you want to have both, so you can scale both. There's a lot of people who are so well-intended, who have big missions, but don't know how to make money to serve their mission. And they're doing a disservice to their cause because they haven't figured out the skill of copywriting, or enrolling people in fundraising, or sales, or some skill.
19:02 Lewis Howes? To bring in revenue to support the cause of the mission. And I think that's where a lot of nonprofits struggle with these years. Is they're not thinking, they're not thinking about all these other things they have to do to serve.
19:13 Jay Shetty? Yeah, yeah.
19:14 Lewis Howes? So.
19:15 Jay Shetty? And, and, and, and I like that because I also want to clarify that for someone who is spiritual or is conscious or is awake, whatever word you want to use, or even is in focused on personal growth or self-development, their goal is not profit. Their goal is their purpose, their mission, their service. But they recognize that this is something that they have to think about and organize around.
19:41 Lewis Howes? Yeah.
19:42 Jay Shetty? In order to serve the purpose. So I think it's more about what's your top priority? Like, you don't wake up in the morning every day going, how can I make more money today? Like, that's not the mindset. You wake up in the morning going, how can we serve more people? How can we have a greater impact? How can we help more people?
19:59 Lewis Howes? Yes.
19:59 Jay Shetty? And you realize that creating a profitable business or income is a part of that purpose.
20:05 Lewis Howes? Absolutely.
20:05 Jay Shetty? And I think that's the clarity that we need.
20:07 Lewis Howes? Yeah, our measurement for our company is to serve a hundred million lives weekly.
20:13 Jay Shetty? Yeah.
20:13 Lewis Howes? To help them improve the quality of their life.
20:14 Jay Shetty? Exactly. It's not to make X amount.
20:16 Lewis Howes? It's not to make a hundred million dollars a year.
20:18 Jay Shetty? Totally.
20:19 Lewis Howes? But in the, okay, how do we solve this, this mission equation, which is we want to reach a hundred million lives weekly? What does that take? Well, most of it is through video right now. Video, through audio content, through social media, through books, through these different ways to scale a message, right? A different way to scale a message. Which takes money, resources and a team to execute on these different challenges in business to reach that mission. And so it's thinking, okay, we need more people to support on the team. That's going to take more money. So how do we make the money to hire people to serve the mission?
20:56 Jay Shetty? Yeah.
20:56 Lewis Howes? And through the process of figuring out the purpose equation.
21:00 Jay Shetty? Yeah.
21:00 Lewis Howes? How to solve that purpose conversation? Then you need to figure out money that's tied to it.
21:07 Jay Shetty? Yes. And I also want to make that point that. You have to be really vigilant on this path. So that you don't buy into your own hype in the sense of. You can convince yourself of anything. And you could convince yourself that you're serving people and you're doing this and doing that. And then you're making loads of money and then you just convince yourself that it's all okay. And so, yes, you have to be more vigilant on this path. I don't think it's fair to say that, oh, it doesn't matter. It's all good. You've got to check.
21:36 Lewis Howes? What do you mean vigilant on what?
21:38 Jay Shetty? So you have to remain accountable in some way to make sure that you are continuing to do good. With the greater facilities and responsibilities.
21:48 Lewis Howes? As opposed to, oh, I just made five million this year, twenty million this year. And I'm getting all these accomplishments and awards and recognition. So figuring out how to stay humble and confident.
21:59 Jay Shetty? And purpose driven.
22:00 Lewis Howes? And purpose driven at the same time.
22:01 Jay Shetty? At the same time, to not get carried away by an opportunity because of that. And so what I'm saying is that the reason why people think you either have to be spiritual or financially successful is because they think, well, if you're going down the spiritual path, money can be a distraction. Or if you're going down money, then spirituality will distract you. And that is true. That is real. Like you can get really materialistic trying to be spiritual.
22:27 Lewis Howes? Sure.
22:28 Jay Shetty? And you can become distracted from your materialism by being spiritual. That is true, but the goal of life is to live in that paradox. Like in that middle point of trying to figure it out. So I often say to people, like, I don't consider that we've, and I know we both feel this way. We haven't figured it out. We don't know. We don't know everything about everything. But I'm trying to toggle with that because I believe that the truth is in the middle. The truth isn't in the either or.
22:55 Lewis Howes? Yeah, I think it's interesting. I want to talk about also how we have individually stayed accountable, humble in our growth and our trajectory individually. Because there's a one point where I had no followers and one point you had no followers and we had no business. And now both of us have, you know, an ascension of audience, of opportunities, of money, of accomplishments, awards, things like that.
23:24 Lewis Howes? I'll ask you first, then I'll answer. How have you?
23:26 Jay Shetty? Stop asking questions, Lewis. This is not the sum of greatness.
23:29 Lewis Howes? But I'm curious how you have managed the rise to financial gain over the last five years and audience gain and recognition gain. How have you, and I'll answer it myself. How have you personally stayed humble in the process of the rise financially?
23:49 Jay Shetty? That's what I mean by the vigilance. Like in the sense of you can't ever be complacent about your inner journey. So if at any point you think you're humble, you're automatically not humble. If you think you're...
24:06 Lewis Howes? So I need to stop saying that to my girlfriend? I'm so humble now.
24:11 Jay Shetty? Yeah, it's like if you think you're humble, you're not humble. If you think you've been really grounded, you're not grounded because that automatically cancels out the other. But at the same time, I would say that for me, what are my anchors? And I think I look at them as anchors. We've been getting so many amazing reviews for the Daily J, my new daily guided meditation series on the Car Map. You might have heard a couple of snippets on the podcast for a few weeks. So in case you haven't had the chance to check it out, I just wanted to share this review from Caitlin, an elementary school teacher from New Jersey. Here's what she had to say. I have over nine years of experience in the American public school education system, including teaching throughout the pandemic. Over the past two years,
24:54 Jay Shetty? I've seen extreme cases of anxiety in my students like never before. Many of these children have never experienced these feelings before and most are not even sure of what they are feeling. My school district has spent a great deal of time focusing on social emotional learning, SEL, through this school year. We try to teach coping skills and focus on teaching kids how to deal with their feelings and become the best version of themselves. As someone who has also been experiencing the many anxieties of the world today, I have recently downloaded the Car Map, thanks to my mom. My mom and I are big fans of yours. And once she heard that you will have seven minutes of Daily J each day, she encouraged me in doing this. Your meaningful ideas and meditation have quickly become part of my daily routine,
25:38 Jay Shetty? so much that I've begun incorporating some of them into my SEL morning meetings with my third graders. If you've ever wanted to meditate with me, join me on the Calm app for the Daily J, a daily guided meditation where I'll help you find calm in the chaos, plant beautiful intentions for a happy, abundant life, and simple steps for positive actions to get you closer to the life of your dreams. Meditate with me by going to calm.com/j to get 40% off a Calm Premium Membership. That's only $42 for the whole year for a daily guided meditation. Experience the Daily J only on Calm. This episode is brought to you by Indeed. I know how important every hire is for a business.
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28:19 Jay Shetty? So my first anchor is impact is always greater than income. There is always more impact you can make. So I know that for me, what I'm trying to do with the work I'm doing is video was an entryway into a journey of transformation. I wanted people to move from videos to listen to the podcast, to read the book, to come to events, to come to retreats with me in India. Like, I want to help people go as far on their inner journey as they possibly can. That's my personal mission is if someone just wants to watch a three-minute video and it makes them feel better, that's beautiful. But if someone one day wants to come with me to India and live the life I lived and have a deep inward journey, then I want to be able to facilitate that.
29:05 Jay Shetty? I'm still building that bridge to people's deeper selves.
29:09 Lewis Howes? Yes.
29:09 Jay Shetty? And so the first thing that always humbles me and grounds me is I've got a lot of work to do. There's so much suffering and pain in the world. There is so much unrest in the world. There is so much trauma in the world. So we've got a long way to go.
29:22 Lewis Howes? Yes.
29:22 Jay Shetty? So all the awards and the views, they give you confidence that you're going in the right direction, but you'll know you're far away from the destination. So that's one thing. I think the second thing that really helps me is being around, still spending time with my monk teachers, who have very different vision as to what is valuable in life.
29:41 Lewis Howes? Yeah, because they don't care about
29:43 Jay Shetty? They don't care about
29:43 Lewis Howes? Material possessions or money and none of it.
29:46 Jay Shetty? They don't care, and so they're not impressed by that. And sort of be around people who don't admire certain things helps you lose taste for it. It's kind of like when I'm around
29:57 Jay Shetty? Yeah, exactly.
29:57 Lewis Howes? Marcus Aurelius. Marcus Aurelius, the story is that Marcus Aurelius would walk through, I guess, the town and just have someone saying, "You're just a man," when everyone was praising his name and kind of bowing to him and saying, "You're like this god," right?
30:10 Jay Shetty? Yeah.
30:10 Lewis Howes? And it's having that accountability that you talked about, people in your life that admire you for who you are, not for what you're creating in the world.
30:20 Jay Shetty? Yeah.
30:20 Lewis Howes? Right? For just your kindness, your heart, you know, your humanness, not the the brand that you have built as an individual.
30:29 Jay Shetty? Correct.
30:29 Lewis Howes? I think that's so important to have. My girlfriend, Martha, over Christmas.
30:34 Jay Shetty? Love Martha.
30:34 Lewis Howes? They did, she's great, over Christmas, they have this like little game that their family does where you pick out like a word. That's gonna be your kind of your word of intention for the year. And it's supposed to be the word you need. Like, everyone picks out a word.
30:49 Jay Shetty? That's beautiful. I love that.
30:49 Lewis Howes? And you hang it in an ornament that goes on like a tree, and then you look at it again the next year, and then you're always reminded of this word. And there's different words like confidence and self-worth and intention and all these things. And can you guess what my word was?
31:05 Lewis Howes? And these are random, right? So you pick, you don't know what it is. You pick it out and it's random.
31:09 Jay Shetty? Okay, let me think. Love?
31:12 Lewis Howes? That's what we've been talking about, is humility.
31:14 Jay Shetty? Oh, right. No way. I don't think you told me that.
31:16 Lewis Howes? Yeah, I haven't. So it's humility. So she picked it out and you read it in front of like, there's like 20 of her family members.
31:22 Jay Shetty? I had no idea about that.
31:23 Lewis Howes? And I was like, humility. And they're all like, yes, you need that. I was like...
31:26 Jay Shetty? No, you humble. No, no.
31:27 Lewis Howes? I know, but I was like...
31:28 Jay Shetty? I can say you're humble.
31:29 Lewis Howes? I was like, I feel like I'm pretty humble, but it's funny when you said that, like, when you're saying you're humble, you need more of it. And I think the thing is, it's always a great reminder. Whether you're super humble or not, it's a great reminder because life will bring things to humble you if you do not consistently stay humble in your life.
31:48 Jay Shetty? Yeah.
31:48 Lewis Howes? There's injuries, sickness, you know, attacks online or controversy, whatever might come up in the world, and it's gonna continue to come up.
31:58 Jay Shetty? Yeah.
31:58 Lewis Howes? But as long as you have the accountability and the right people in your corner who call you out on your BS and also celebrate you when you're doing good things as well, I think that's important to have.
32:09 Jay Shetty? I agree. I agree. I think life is a journey designed to disconnect you.
32:17 Jay Shetty? From your ego and dissolve your ego. If you think about life as that is the journey. And so as much as you willingly hand over of that journey, the less it's being pulled away. And what I mean by that is, and it's what you said.
32:33 Jay Shetty? When you really think about any success you have or any impact you've made, there is someone who has helped you get there directly or indirectly. So for you to say, I am self-made, it isn't completely true because there was someone indirectly or directly that helped you get there. So if I say that, you know, people appreciate how I communicate ideas today or certain ideas, I have to thank my monk teachers who taught me that wisdom. Or if someone says, hey Jay, like you're really resilient or you've broken through a lot of challenges, but then you have to respect the people that tried to pull you down. And so
33:16 Lewis Howes? That gave you the opportunity to overcome adversity.
33:18 Jay Shetty? Exactly. And so either way, there have been people who have helped you get to where you are. And so you can't claim the ego of, I did this all myself.
33:28 Lewis Howes? And I think there's also something to be said for humility and receiving acknowledgement from others and to yourself. And celebrating what you've also created. I love the, uh, the acceptance award of Snoop Dogg. Where he, where he says something like, you know, and I want to thank me. I want to thank me for all the late nights, all the early mornings, all the hard work. And I thank me for never giving up on me.
33:58 Jay Shetty? Yeah.
33:59 Lewis Howes? And I think there is this over humility sometimes too.
34:03 Jay Shetty? Yes.
34:04 Lewis Howes? Where people are like, well, I'll be like, hey Jay, it was so amazing what you did. And when people say, uh, it was nothing, it wasn't me. You know, I get to praise everyone else. I think there's a A spiritual way to receive accomplishments and be humble in your thank you, graceful in your thank you, receive it as well because you are showing up in a big way.
34:26 Jay Shetty? Hundred percent.
34:26 Lewis Howes? So you can be humble and also gracious in your confidence.
34:33 Jay Shetty? Yes, I think that's a great, great point and I completely agree with you. I don't think it's, again, it's never either or. I think that's the point that whenever anyone tries to make it's like, should you be humble or should you be confident? It's like be both. Should I be successful or should I be spiritual? Be both, like you can be both, like and we need to be both. Because sometimes you are going to need to, I agree, like when you reject praise.
34:58 Lewis Howes? What happens?
34:58 Jay Shetty? Or genuine acknowledgement. What ends up happening is you lose the opportunity for someone else to express gratitude.
35:06 Lewis Howes? To give.
35:07 Jay Shetty? To give, you've blocked that ability for them to give.
35:10 Lewis Howes? You're robbing someone's gift.
35:11 Jay Shetty? Yes.
35:12 Lewis Howes? And that's a no-no.
35:13 Jay Shetty? No.
35:14 Lewis Howes? That's, we'll talk about a whole nother session on the law of attraction and the hustle.
35:19 Jay Shetty? Yes.
35:19 Lewis Howes? But there's something to be, you know, and people that make money know how to receive. Cause they receive money and there's a flow also, there's a flow to it. They, they, the ones who are really good don't hoard it, right? They let it in and they let it out. It's like a cycle and they're investing it and they're spending on people and they're building things. And they don't say, no, I'm not ready for money, don't give it to me right now. It's the same thing, like you don't want to block someone's acknowledgement or praise or opportunities. And say, I'm not ready for it.
35:50 Jay Shetty? Yeah.
35:50 Lewis Howes? Like take it in, receive it, be graceful and, and you can also be humble at the same time.
35:56 Jay Shetty? Yeah, use it as fuel, don't let it go to your head.
35:59 Lewis Howes? Right.
35:59 Jay Shetty? Right, but you use it as fuel. So if someone gives you praise, you go, oh, thank you so much, that's amazing. Now I'm going to use that to work harder.
36:06 Lewis Howes? Yeah.
36:06 Jay Shetty? Right, but you're not just using it to go, okay, it's going through my head, now I'm going to feel that. You're using it as fuel and so.
36:12 Lewis Howes? And I think that's why it's, everyone needs someone accountable to them.
36:15 Jay Shetty? Yeah.
36:16 Lewis Howes? Whether that's your partner, I know Roddy is that for you probably, Martha is that way for me where she will celebrate me. But she also just gives me great feedback if I'm, if she thinks I'm being, you know, over the top on something, which I never try to be, but it's just, even just her, it's just her being there is a reminder to stay humble.
36:35 Jay Shetty? Yeah.
36:35 Lewis Howes? You know, even if she doesn't have to say anything, it's just like. Okay, I don't need to be boasting anything.
36:40 Jay Shetty? Yeah.
36:41 Lewis Howes? And having someone that you are inspired by in your life, that can be that accountability is so key, I think. Having that community of not everyone that just says you're incredible all the time.
36:51 Jay Shetty? Totally.
36:52 Lewis Howes? But someone who keeps you grounded and also supports your growth.
36:57 Jay Shetty? Yeah, yeah. For me, the interesting thing, going back to our original question is.
37:03 Lewis Howes? Money and spirituality.
37:04 Jay Shetty? Yeah, like, and going back to in context of this is, if you're proud of something that can be taken away, it will always leave you empty.
37:15 Lewis Howes? Hmm. So you mean proud of your money?
37:18 Jay Shetty? Correct. If that's all you're proud of, of what you've done, and ultimately whether you die with it or you lose it before you die, it is gonna go somewhere else. It's gonna be transferred, even if that's to your children or to anyone else. Then that can be a very scary place to live. It can be a fearful place to live.
37:39 Lewis Howes? But you can never lose the impact you've made on people.
37:41 Jay Shetty? Totally, like that, you know, and I think that's what I've noticed is that purpose is the only thing that keeps giving to you. Because it's such a like, it's, it's the only thing that can give to you without needing anything else.
37:55 Lewis Howes? And here's something else that I'm thinking about.
37:56 Jay Shetty? Please.
37:57 Lewis Howes? There, there are a few people that I know, and I think you know as well, who have made a lot of money, but they still don't have that fulfillment inside. Maybe their relationships are off, or their health is off. But there are others who have made a lot of money, and they are so fulfilled with so much joy because it's purposeful money. It's money made with a mission in mind. And I think that's what we need to be thinking about on our journeys. Is the money we're making, and I think money is great to have. It helps solve a lot of problems in our lives, but it doesn't solve the problem of fulfillment.
38:32 Jay Shetty? Yes.
38:32 Lewis Howes? And it doesn't solve the problem of inner peace. It might solve some peace. It might be able to help pave for challenges to overcome, but it doesn't bring us ultimate inner peace by itself.
38:44 Jay Shetty? Correct.
38:44 Lewis Howes? Unless we figure out purpose and mission as well.
38:47 Jay Shetty? Yes. Money gives financial security.
38:51 Lewis Howes? Yes.
38:52 Jay Shetty? And financial stability and financial safety, which are all very important things. But financial stability does not equate to mental peace.
39:04 Jay Shetty? Right, like we know people who are financial security, but they are not mentally peaceful.
39:10 Lewis Howes? They're emotionally unstable.
39:12 Jay Shetty? Correct, because those two things don't correlate. Same with emotional stability does not lead to financial security.
39:19 Lewis Howes? Right.
39:19 Jay Shetty? I know people who are really emotionally together, but they may not have figured out how to organize their business or their life to facilitate that. I would say I was in that bucket for a long time in my life. And so we've got to start seeing them as just two different pursuits. If I buy a ticket to LA, I'm not going to get to New York. And if I buy a ticket to New York, I'm not going to get to LA. You've got to pay for that ticket that you want, and then two different things.
39:47 Lewis Howes? And emotional regulation and emotional peace and making money are two different skillsets.
39:54 Jay Shetty? Yes.
39:55 Lewis Howes? And you have to, you have to study and practice the art of emotional regulation, of emotional peace, of inner peace. It has taken me decades to get to a place where I feel peace inside, right? And I know you, you went off to go on this journey when you were 21, 22 or something, because you didn't feel that early on in your life, and you were inspired by the monks that you met who came and taught. And you were like, I want to go learn this and have this in my life. So I think it's two separate journeys. It's learning. And some people make money naturally and it comes easier to them. And other people are just peaceful, joyful people naturally.
40:34 Jay Shetty? Yeah.
40:34 Lewis Howes? I would say Roddy is like one of these just peaceful, joyful people naturally, just in her nature.
40:39 Jay Shetty? Yes.
40:40 Lewis Howes? Where other people struggle and have more depressed thoughts and they're more stressed out. And so it's a, each are a practice.
40:46 Jay Shetty? Mm-hmm, mm-hmm.
40:47 Lewis Howes? And they can both be very challenging, but so worthwhile pursuing.
40:51 Jay Shetty? Correct.
40:52 Lewis Howes? Because when you master both, it gives you even more peace.
40:56 Jay Shetty? Yeah, yeah, yeah, yeah. I mean, I have friends that make.
41:01 Jay Shetty? You know, I I have friends that work their job, make their money and then spend all their evenings and weekends with their family. And they're really happy.
41:09 Lewis Howes? Yeah.
41:10 Jay Shetty? Because they know what their purpose is. And then I have friends that have all the money in the world that are unhappy. But then I also have the opposite, where I have friends who are doing their nine to five job. And spending time every day and they have time, but they're not happy.
41:22 Lewis Howes? They're stressed.
41:23 Jay Shetty? Yeah, and then I have friends that are living their purpose, making lots of money that are happy. And so we need to stop.
41:27 Lewis Howes? Mm hmm.
41:28 Jay Shetty? Equating money and happiness in the same conversation or money and success. They just provide different things. And like you beautifully said, they're different skills.
41:37 Lewis Howes? Mm hmm.
41:38 Jay Shetty? And we have to decide, each one has to decide what type of life we want to lead.
41:43 Lewis Howes? And I think both are, I don't know, you tell me. Both are equally as important to learn at the same time, because if you're putting your energy on making money. But then you can't sleep at night because you're emotionally stressed and you have no peace. But you figure out the money thing, your health is going to go to crap and your relationships are going to go to crap. If you're just zen'd out all day and you don't spend time on figuring out the money side, then you're broke.
42:06 Jay Shetty? Mm hmm.
42:06 Lewis Howes? You know, and there becomes some stress around not having things to buy.
42:10 Jay Shetty? Yes.
42:10 Lewis Howes? And pay for and going month to month.
42:13 Jay Shetty? Yes.
42:13 Lewis Howes? That has an element of stress. So they're both. So important to be working on together, I think.
42:19 Jay Shetty? Correct.
42:20 Lewis Howes? Uh, I I'm a big believer that emotional regulation is the key.
42:23 Jay Shetty? Mm hmm.
42:24 Lewis Howes? In general.
42:25 Jay Shetty? Yeah.
42:25 Lewis Howes? Because it just makes you less reactive in all life situations.
42:28 Jay Shetty? Yeah.
42:29 Lewis Howes? But finding a way to make money within a meaningful pursuit. Is so fulfilling as well.
42:36 Jay Shetty? Yeah.
42:37 Lewis Howes? It doesn't feel like work.
42:38 Jay Shetty? Yes.
42:39 Lewis Howes? When you're doing something meaningful and making a money around it.
42:42 Jay Shetty? Yeah. And and if you can't do that yet, I think that's one of the biggest issues too. Is that doing a job just because it pays the bills and takes care of what you need. And then having time to figure out your passions and what else you want to do, that's a beautiful place to start. That's where I started. I think that's probably where you start too. It's like you start with just a base and I think. Too many people hate on their current life because they want this passion life. But hating on your current life is just training yourself to hate on your future life. And I think we don't recognize.
43:17 Lewis Howes? So never be happy where you're at.
43:18 Jay Shetty? Yeah, and I'm not saying you're gonna love, like, I would say I've done so many jobs in my life that I honestly did not love.
43:25 Lewis Howes? Me too.
43:25 Jay Shetty? But I choose, and I did everything from stacking shelves at grocery stores to working in retail, to delivering newspapers. I calculated the other day, I've been working now for twenty years, because I started working when I was fourteen, thirty-four now. So we worked for twenty years. And I've done, I would say that up until six years ago, most of the jobs I did, I didn't want to do. But all of them, I learned to take a skill that I use today. And so now, when I look back, I'm like, oh, well, being a delivery boy taught me discipline, because I had to do all the streets in my area without any reciprocation, in the rain, and lugging around this, like, you know, delivery news thing, which
44:09 Jay Shetty? didn't make me look cool, I missed out on hanging out with friends, whatever, but it taught me discipline.
44:13 Lewis Howes? And I think it's, you know, I had a lot of those jobs as well, where I was a bouncer on the weekends at a nightclub.
44:18 Jay Shetty? Really? I never knew that one.
44:19 Lewis Howes? I was a bouncer the weekend, so I was a truck driver during the day for, I only did this for three and a half months, and I was like, I can't do this anymore.
44:26 Jay Shetty? Truck driver?
44:26 Lewis Howes? Truck driver for six hours a day. I would drive a massive U-Haul, kind of the biggest truck, before you had to get a special license for a truck. So imagine it the biggest U-Haul, and I was driving for Napa Auto Parts, which is like a car manufacturer, and I would drive two and a half hours from Columbus to Cincinnati, Ohio, and two and a half hours back every day, and transfer these auto parts from one truck to another, and bring others back up to Columbus. And the truck only went fifty-five miles an hour, all the way to the pedal of metal. And so I was just in the slow lane, uh, this was before, like, really cell phones and all those different things. And I would do that during the day, and I would do the bouncing on the weekend to make some money.
45:09 Lewis Howes? And I remember thinking like, this is not for me.
45:12 Jay Shetty? Yeah.
45:12 Lewis Howes? This is not what I was born to do.
45:14 Jay Shetty? Yeah.
45:15 Lewis Howes? But I think in those situations, just like you had in your situations, it's figuring out how to be purpose in the thing you're doing. Be joy, be fun in those moments while you're thinking of like the next thing to get out of, or how to get out of that into the next thing, what you want to be doing. And have you ever been to a restaurant where you have a waiter or waitress that's just like full of light, full of joy? They're so grateful, they bring a smile to your face. They remember the order perfectly, they just like wanna make the experience incredible.
45:48 Jay Shetty? Yeah.
45:49 Lewis Howes? You always hear these stories about them getting hired and then going on to some other career.
45:53 Jay Shetty? Yes, yes.
45:54 Lewis Howes? Because they brought the joy, they brought purpose to their career, to their job.
45:59 Jay Shetty? Yeah.
45:59 Lewis Howes? Which maybe they didn't really wanna be at.
46:01 Jay Shetty? Yep.
46:01 Lewis Howes? But that's how you get to the next place.
46:03 Jay Shetty? Yes.
46:04 Lewis Howes? It's by bringing that energy to the thing you don't enjoy and being purposeful anyways.
46:08 Jay Shetty? Yeah.
46:09 Lewis Howes? I think if we could start doing that, you're gonna be a magnet for opportunities.
46:14 Jay Shetty? Yeah.
46:14 Lewis Howes? To finding your purpose.
46:15 Jay Shetty? I love that. There was, we were just in Rwanda and there was a, I don't drink alcohol, but I was with a group of people who were, and so there was a Somali who was explaining the wine experience, like telling everyone what's in the wine and all that kinda stuff. And the person I was with, they encouraged him to, he was, he was, he was from Africa and the person who was leading the retreat asked the person to explain their journey to how they became a Somali at this beautiful hotel that we were at. And he sat down and he told us his story and it's exactly what he just said.
46:47 Lewis Howes? No way. That's cool.
46:48 Jay Shetty? So he was saying that he worked at a restaurant, he was waiting, and then he was asked one night to like choose a bottle of wine for a table. And so he chose a bottle of wine for that table, gave advice, and he was really good at it because he'd been doing his YouTube research and like learning on the side. And he said that. When he gave it to this person at the table, they asked him, why this wine? Why not the other one? Like, they were really quizzing him. And because he'd done his research, he knew what to say. He said that at the end of the meal, that person who was sitting at the table gave him a card.
47:22 Lewis Howes? That's so cool.
47:23 Jay Shetty? And when he looked at it the next day, that was the owner of the brand of wine that he gave him.
47:30 Lewis Howes? No way! That is cool.
47:32 Jay Shetty? And that person just said to him, if you want to train to be a Somali, then, you know, we'll put you into training school.
47:37 Lewis Howes? That's cool.
47:38 Jay Shetty? And it's amazing, like, you know, he was so beaming when he was telling this story. He's so happy doing it. And for him, it was a big change because he was saying that the family he grew up in would have not been happy with him working in alcohol. But it was his passion. It was what drew him there.
47:53 Lewis Howes? Right.
47:54 Jay Shetty? It's just those kind of stories that melt my heart.
47:56 Lewis Howes? But if he showed up stressed that he was going to a job that he didn't like and saying, "I really don't want to be here."
48:02 Jay Shetty? I'm not doing the thing I want to do.
48:03 Lewis Howes? Exactly. And let me just get through the night. Let me do the bare minimum. Let me show up and just get my check and go back.
48:10 Jay Shetty? Yeah.
48:11 Lewis Howes? If we go through life in those moments where we don't want to be doing something, nothing good is going to happen for us. We're not going to create an energy that attracts financial abundance.
48:23 Jay Shetty? Yeah.
48:23 Lewis Howes? And that's not a spiritual practice, showing up, being kind of half lazy, half disinterested, and just going through the motions. That's not a spiritual practice either.
48:32 Jay Shetty? Totally.
48:33 Lewis Howes? A spiritual practice, from my perspective, is being present in the moment and giving your fullest joy, giving your light, giving your heart to the moment.
48:42 Jay Shetty? Yes.
48:43 Lewis Howes? That's a spiritual practice. I'm not saying you're going to be able to have the energy to do that every moment of every day.
48:48 Jay Shetty? Yeah.
48:49 Lewis Howes? But it's doing your best to get back to the moment and say, "How can I be of service to this moment?"
48:53 Jay Shetty? Yes.
48:53 Lewis Howes? "How can I use my light? How can I use my gift, whatever that is, in this moment to serve?"
48:58 Jay Shetty? Absolutely.
48:59 Lewis Howes? What would you say is a spiritual practice for you, kind of day to day?
49:04 Jay Shetty? Yeah, I think the spiritual practice is, how can I truly treat everyone I meet as an equal? As a human? How do I see them through equal vision? How do I not talk down to someone or talk up to someone? How do I truly? Allow each person the space to express themselves and express myself to connect with them. And if I'm going to a place of work, if I'm going to a place of wherever I am, how can I show up believing that my positive energy and what I put out in the world will some way come back to me?
49:42 Lewis Howes? Yeah.
49:43 Jay Shetty? It may not-
49:43 Lewis Howes? It's hard to believe that though.
49:44 Jay Shetty? It's hard to believe that, but it will. I've seen sometimes, you know, it's like an investment. Like sometimes you make an investment and you don't see the benefits till 20 years later. But you're so grateful for it 20 years later because it almost surprises you. And that's how the world works. Like there's very few things that are instant in life. I mean, I would say that you probably feel you're living off of habits and disciplines you built-
50:08 Lewis Howes? 10, 20 years ago.
50:09 Jay Shetty? Totally. Like it's not like, it's not like what you're winning in now is what you just did yesterday. Like it's stuff that you, like when you, you know, were playing sport and developing as an athlete, like all of those skill sets are useful today.
50:22 Lewis Howes? Absolutely.
50:22 Jay Shetty? Even though you're not doing the same thing.
50:24 Lewis Howes? Absolutely, yeah. Yeah, similar to my athletic background, which you were an athlete as well, but you're more trained, you were the athlete of the mind, right? You were the spiritual athlete. You're getting up at 4 a.m., sleeping on the ground, you know, just being of service all day, learning, teaching, meditating, uh, being with your monk community. And you had to go through adversity on a daily basis essentially. You had to do uncomfortable things and be positive about it. In football, when you're doing three a day, it is not fun in 105 degree humidity and heat, showing up, putting pads on and getting smashed over and over again for two hours at a time, three times a day. It's not fun.
51:06 Jay Shetty? Yeah.
51:07 Lewis Howes? But the coaches ingrained in you attitude and how you show up for others and-
51:13 Jay Shetty? And your team.
51:14 Lewis Howes? And the team. And if you are missing the play, you're letting the whole team down. And it's how each individual shows up with a positive attitude, makes the entire mission of the team move forward and progress.
51:26 Jay Shetty? Yeah.
51:27 Lewis Howes? But if you're stressed and overwhelmed and allowing the adversity of the moment to hold you back, then the team's gonna be held back.
51:34 Jay Shetty? Yeah.
51:34 Lewis Howes? I think you did that in the monk community by constantly being of service, even if you're only getting two hours of sleep and in the heat all day, serving, you know, just asking for food.
51:47 Lewis Howes? And same thing in life and you're using that discipline now from ten fifteen years ago.
51:52 Jay Shetty? Well, I think what I see in you is that I didn't know you when you were an athlete back then, but I feel like the thing I noticed about you is that you're always bringing the most amount of value to everything you do.
52:04 Lewis Howes? That's the goal.
52:05 Jay Shetty? And whether I was, when I spoke at your mastermind a few years ago, I saw how much value you brought your community. And I saw how much success all of them have had and the journeys and careers they've had. And I want to talk about this and I think it'll be useful for us to answer this together. I think one of the biggest issues that people have, so let's say first they recognize as we both clarified that we realize that money is an energy, that it's a resource. Money is not good or bad. It's defined by how you use it. And if your goal is to use money for a higher purpose and for a mission, it can be a beautiful thing. You've established that. I think one of the biggest things that people struggle with, and this is what I wanted us to talk about,
52:47 Jay Shetty? is people struggle with the idea of how do I charge for what I'm worth? Or I feel uncomfortable to charge for my services. I know coaches feel this way. I know therapists feel this way. I know people who are in the service business feel difficult to feel like they're allowed to feel comfortable to charge for their services because it's assumed that if you're doing good for the world, you should be doing it for free. And so let's address that mindset because I think a lot of people might be watching right now going, Lewis and Jam, I'm with you, but I just feel really unconfident about saying this is how much my services are worth.
53:25 Lewis Howes? Yes.
53:25 Jay Shetty? And so I'll go first because I brought it up. Yeah. But I think it's the idea of like, the first thing I say to people is we know this, that when people are paid for something, including when I pay for something. I take it more seriously. I'm more likely to show up and be my best.
53:42 Lewis Howes? Mm hmm.
53:43 Jay Shetty? And I'm more likely to complete. A great example of us is a personal trainer.
53:47 Lewis Howes? Absolutely.
53:47 Jay Shetty? The reason I have that is because I know I've already paid for his time. I already know I've paid for an hour. And if I cancel, I'm gonna lose that money.
53:55 Lewis Howes? Mm hmm.
53:56 Jay Shetty? And if I show up and I'm not full energy, then I'm not gonna get that much out of it.
54:01 Lewis Howes? Right.
54:02 Jay Shetty? If I haven't paid someone, I may or may not go to the gym if I feel like it or not. I probably won't turn up. If I turn up to the gym, I might just be on my phone the whole time. By the way, if you're going to the gym, you probably paid membership too. So the idea of the transaction of money forces a higher commitment and energy from me included.
54:22 Lewis Howes? Yes.
54:23 Jay Shetty? And from everyone.
54:24 Lewis Howes? Absolutely.
54:24 Jay Shetty? And so, of course, it's all based on affordability and privilege and access, of course. Like, I'm not telling people to pay more than they have. But the idea that when we exchange money for something, we value it more.
54:35 Lewis Howes? Hundred percent. And I think our friend Dean Graziosi says, you pay attention to what you pay for.
54:41 Jay Shetty? Hmm.
54:41 Lewis Howes? And the more you pay for it, you pay more attention to the thing that you've invested in or signed up on. If you buy a house and you spent a lot of money on that house, you're probably gonna make sure the house is in good order. And you're gonna fix it up and you're gonna treat it well. You buy a new car, same thing. You're gonna not trash it, at least not right away, hopefully. But if you buy a car for a few hundred bucks, you may say, ah, if it hits a wall or if this is scratched, like, who cares? Because I didn't invest that much in it. So we pay attention to what we pay for. And I think you're doing a disservice to yourself and you're creating a model to everyone around you that you're not worth receiving of money if you're not willing to charge or eventually charge more when you can deliver more value for that.
55:25 Lewis Howes? And I think it's important to, and we'll probably talk about this more in another session about, you know, law of attraction and the hustle and grind and the things around that. But I think when we, I think we should be constantly striving to to develop more skills, add more value, and then in that process, be willing to charge more.
55:47 Jay Shetty? Yeah.
55:47 Lewis Howes? Otherwise, we're staying stagnant.
55:49 Jay Shetty? And I think you just hit the nail on the head. It's that you're charging for your skills that you've developed.
55:56 Jay Shetty? And you're not charging for the time, you're charging for the time it took to build those skills.
56:00 Lewis Howes? And the value you can deliver with the speed of delivery, hopefully.
56:04 Jay Shetty? Correct, correct, because I think a lot of people feel like, oh, I can't charge that much for an hour. Or I can't charge that much for X or Y or Z. But it's like, you're not charging for that hour, you're charging for all the hours that it took to build that.
56:18 Lewis Howes? Exactly, and I think a good example for my personal life is I'm paying for a therapist slash coach right now. That's, I pay her like kind of a lump sum for six months.
56:27 Jay Shetty? Yeah.
56:28 Lewis Howes? For a certain amount of sessions, but if I was to average the sessions out and call it per session rate, it's around seven hundred bucks a session, right, for an hour and a half, which is probably the highest amount of any therapist out there.
56:41 Jay Shetty? Yeah.
56:41 Lewis Howes? So therapy is maybe a hundred fifty, maybe two hundred fifty on the high end. Some of the celebrity therapists are five hundred dollars a session. So I'm paying above that and I'm paying it because I'm getting incredible results from my inner peace.
56:55 Jay Shetty? Yes.
56:55 Lewis Howes? And it's worth it, it's worth it.
57:00 Jay Shetty? You're also investing in your future.
57:01 Lewis Howes? Investing in my future forever and the skills that I'm developing that will allow me to have greater peace in my intimacy and my relationships, greater peace in my friendships, greater harmony in my business.
57:14 Lewis Howes? And allow me to soar financially and with my mission. So it's like, it's all around a good investment.
57:21 Jay Shetty? Correct.
57:22 Lewis Howes? Even if it's a three times more than the average, right, for me.
57:27 Jay Shetty? For you, for you personally, yeah.
57:28 Lewis Howes? Yeah, and other people, that may not make sense.
57:30 Jay Shetty? Of course.
57:31 Lewis Howes? Based on where they're at, and I get it, but there is an investment that will make sense for you. And maybe it's not hiring a therapist or a coach, but it's going through a workshop online that you pay something for.
57:41 Jay Shetty? Or buying a book.
57:42 Lewis Howes? Buying a book.
57:43 Jay Shetty? Something else.
57:44 Lewis Howes? Or listening to our podcast, either one of those.
57:46 Jay Shetty? Let's be.
57:47 Lewis Howes? Yeah, exactly, but you're investing time.
57:48 Jay Shetty? Yeah, your time.
57:49 Lewis Howes? You're investing time to learn something and then investing and applying it and testing it. And I think that's just as, that's valuable as well.
57:56 Jay Shetty? And I want to address that it is, by the way, I feel awkward talking about money. We all feel awkward talking about money because we were told that it's a taboo. In society.
58:06 Lewis Howes? Yeah.
58:07 Jay Shetty? You never ask someone their wage. You never ask them how much money they make. You don't tell someone what your bonus was this year. So we've created a taboo in society to talk about money. And that's why most of us feel really uncomfortable where we'd rather not have that conversation. But the problem is then we spend all of our mind thinking about money because then we're like, well, they didn't pay me enough. Or they don't value me. Or I should have got a bigger bonus. Or I should have got a better promotion. Or my salary should be this. And so by you pretending, or not even pretending, by you feeling uncomfortable to address money. You actually end up spending more time obsessed with the lack of it.
58:47 Lewis Howes? Yes.
58:47 Jay Shetty? And I think that's the pain that you're actually obsessing over the lack of money. Because you're scared of talking about it. And I know I've been there, like I know what that feels like.
58:56 Lewis Howes? And I think some things that people can think about as they leave this conversation is. I'm so glad you said this because I was probably going to forget this. A mentor of mine early on, when I was broke, said, money comes to you when you're ready for it. And I was like, I feel pretty ready to have some money because I don't have any. I feel ready. And he was like, it'll come to you when you're ready for it. And I was, I didn't understand it. When you're lacking, it doesn't make sense. But I understood it as money started to come to me because I was like, I wasn't ready to manage the responsibility, the weight. I didn't have the knowledge on how to receive money, how to manage it, how to pay off credit cards and debts, how to automate things. Like I would have blown it because I didn't understand it enough.
59:40 Lewis Howes? So what you said right there is so important that we need to have conscious conversations about money. And be, be willing to be uncomfortable with your friends or family members that maybe you've never talked about money. And start talking about it. I love normalizing the conversation so it's not scary.
59:59 Jay Shetty? Totally.
1:00:00 Lewis Howes? So it's not bad. So it's not this, huh, I don't know, I don't want to talk about it. It's scary if you know these things. Letting go of the shame around money conversations and do it in an appropriate setting with the right people, but be willing to have these conversations. You won't feel the pressure of it as much.
1:00:16 Jay Shetty? Correct.
1:00:16 Lewis Howes? And when it comes, it's not going to feel like you have to hold on to it as much. And you'll just be able to naturally flow in the world more with open conversations. So I think what you said there is so important we need to do.
1:00:28 Jay Shetty? Yeah, and I think that the reason we feel uncomfortable is because we've never been trained.
1:00:33 Lewis Howes? Yes.
1:00:33 Jay Shetty? And the reason why we decided to do this is because we're trying to have the uncomfortable conversation so that hopefully all of you feel encouraged. I've always found our friend David Bach.
1:00:44 Lewis Howes? Yes.
1:00:44 Jay Shetty? He has some really great stuff on like, I remember reading his stuff years before I met him about how much money to spend on rent and how much money to save and how to do this, like when you, when you first have like a, an income from a job. And I found that so useful because no one in my life has ever talked to me about that.
1:01:01 Lewis Howes? No one taught us, yeah.
1:01:02 Jay Shetty? No one taught about it. So if you're scared of talking about money, if you're scared of figuring out how to charge, and by the way, if you're someone who in your heart goes, Jay, I feel like I'm somewhat taking advantage of someone when I ask them for money, bring more value.
1:01:16 Lewis Howes? Yes.
1:01:17 Jay Shetty? Bring more value, over deliver, give your heart, and then you won't feel that way because you realize you're having a genuine impact on them. I realized when we launched some of our courses and programs, we studied how they improved people's lives. And we saw that someone in our community who's been part of Genius for 90 days, their happiness goes up by 40%. And we were like, that's incredible, like, that's beautiful, right? And so when you start to measure impact.
1:01:44 Lewis Howes? Yes.
1:01:44 Jay Shetty? Measure your impact. Don't just create something and hope that it works. Measure your impact. You'll feel more confident. Really take the time to create an offering that genuinely improves people's lives. You'll be more confident. And then ultimately, keep checking in with yourself.
1:02:00 Lewis Howes? Absolutely.
1:02:00 Jay Shetty? To check, am I truly delivering or not?
1:02:02 Lewis Howes? Yeah, one of the things we do every Monday, today's Monday, our team calls is we talk about what are some of the impact we're making on all the different programs and products and from the courses to the podcasts, like what are the testimonials of the week? We have a big spreadsheet with all the testimonials that come in. Different people on the team read out what they kind of have ownership over, hear the biggest testimonials of the week. And it constantly reminds us why we're doing what we're doing.
1:02:30 Jay Shetty? Yeah.
1:02:31 Lewis Howes? So don't neglect. Hearing testimonials, hearing the impact you've made on your friends' lives, or if you have a freelance gig or a career, how you're being of service with your talents and your skills. You are living, you know, when you live in purpose, that is the fuel to keep going. You love it. I love it when people come up to us on the street and say,
1:02:51 Jay Shetty? Oh, it's the best thing in the world.
1:02:52 Lewis Howes? I'm listening right now. This, I read your book. It helped me here. Two years ago, I found you and I got into this incredible relationship, or I got out of this challenging relationship, or I got in shape because of you or what you shared. It's fuel for our purpose to have more energy and go, you know, bigger at it. So be willing to receive that as well. And start having these conversations. What else should we leave people with as we wrap up? Episode one of offered conversations.
1:03:21 Jay Shetty? I think my big takeaway from today's conversation is we all have to evaluate our relationship with money. Do you have a positive relationship? Do you have a negative relationship? Do you have a neutral or void relationship? Most of us don't realize that we all have a relationship with money. If you don't talk about money, that's like not talking to someone. Right? That's what it is. If you don't talk about money, then your relationship is you don't communicate with that person. Then you can have negative communication. You have negative thoughts about that person. You have negative feelings towards that person. Or you have positive feelings and healthy feelings. Figure out your relationship.
1:04:05 Jay Shetty? And the quote or the wisdom that changed my relationship with money was this beautiful thought by Martin Luther King, which was that the people who love peace, and I believe I'm a person who loves peace, I believe you are, that the people who love peace need to learn to organize themselves.
1:04:24 Jay Shetty? As well as those who love war.
1:04:25 Lewis Howes? Absolutely.
1:04:26 Jay Shetty? And what I realized was that the challenge with spirituality or positivity in the world was that it was not organized enough. And organization requires finances, businesses, structure, operations, implementation. And so to me, that was something that really made me realize that if I truly believe I want to positively improve the world, I have to think about money. It's not my goal, it's not my obsession, it's not my priority, but I can't ignore it. Because if I ignore it, it's going to negatively impact everything.
1:05:00 Lewis Howes? There's another like viral quote online that says it's better to be a warrior in a garden than a gardener in a war. And I think it's, we need to train ourselves to be prepared for the financial world, for the ups and downs of the financial world, for just the world in general that is, has a lot of ups and downs and be prepared for all of it with a spiritual practice and a financial practice as well. I think that's the key so that you're not stressed when life comes at you with war.
1:05:30 Jay Shetty? Yeah.
1:05:30 Lewis Howes? Because there will be some war at some point, whether it be metaphorical or spiritual war or war on something, right? And for us to be prepared on both financially, spiritually, and be working on both of those will be so key. So if you guys enjoyed this conversation, let us know in the comments below and tell us what topic you want us to go over next in this series with me and Jay. Also, make sure you check out Jay's show on Apple Podcasts, Spotify, On Purpose with Jay Shetty. Make sure you check it out, subscribe there, subscribe over on Jay's YouTube channel as well below, we'll have all this stuff linked up. We're going to be doing a series of this going back and forth. So the next episode will be on Jay's show and then we'll come back here on the School of Greatness.
1:06:15 Lewis Howes? So make sure you subscribe to Jay so you can get all the content we do together in this series where we're covering uncomfortable, unique taboo topics around life.
1:06:26 Jay Shetty? Thank you so much for listening to that episode. If you want more of those, tag us on Instagram, let us know what you learned, what you took away. I can't wait to do more conversations like this and thank you, thank you so much for listening to On Purpose.
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