Pod Insights The Quote of the Day Show | Daily Motivational Talks Bob Proctor: “It is Not Possible to Live a Really Complete and Successful Life Unless One is Rich.” About this episode Bob Proctor challenges common beliefs about money and success, revealing its true purpose as a tool for growth, service, and freedom. This eye-opening message reframes wealth as essential—not for happiness, but for living fully and expanding your impact. Get ready to rethink you on r mindset and embrace your right to abundance. Want Ad-Free Episodes? Join QOD Club and hear zero ads inside our Circle community. Plus, book clubs, mentorship calls, weekly business trainings, and new likeminded friends. Get started for only $9. Source: The Secret: Bob ProctorHosted by Sean CroxtonFollow me on InstagramSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript 0:00 Speaker 00 You'll hear people say, "Well, money won't make you happy." That's an absurd statement. It was never meant to make you happy. It was meant to make you comfortable. When somebody says, "You know, money not gonna make you happy," say, "Really?"
0:14 Speaker 00 And you know that you cannot drive around town in a refrigerator.
0:32 Speaker 01 Welcome back to the Quote of the Day Show. I am your host, Shawn Croxton, of seancroxton.com. Thanks so much for tuning in. We've got Bob Proctor on the show for our Finance Friday episode. Today's QOD is this. Listen very closely here. It is not possible to live a really complete and successful life unless one is rich.
0:57 Speaker 01 Now, this clip is actually two different clips combined into one. I've played them in the past before. It's one of my favorite Bob Proctor talks. I'm gonna kinda disagree with the first part. I don't think like we should look to money to make us happier, but I will admit that there is research showing that up into a certain income level, money does actually make people happier. Because when you think about it, a lot of the things that make people unhappy are related to money. Can't pay the rent, can't pay the mortgage, you know, can't pay the bills, food is too expensive. So people are unhappy about those things. If you remove those things by having more money, you tend to be much happier, right? Now, the second half of the talk where he's talking about this quote, "How it's not possible to live a really complete and successful life unless one is rich."
1:40 Speaker 01 I was in the room for that, and we had this discussion at the table. And, you know, in the beginning, you know, the first time I heard this quote, I strongly disagreed with it. But the more I thought about it, the more I realized that it is true. Because things cost money. If you wanna develop your skills, it's gonna cost money. You wanna travel and see the world, it's gonna cost money. If you wanna be in a happy marriage, it's gonna cost money. Like, what's the number one thing couples fight over? It's money. And so I do agree that it is impossible, we'll say, to live a complete and successful life if you don't have any money. We have to invest in ourselves. We need money to have options. And so money is important. It's not everything, but it is important. Bob Proctor's coming up.
2:28 Speaker 00 Now, I talk about money quite a bit. And if you really knew me, you'd realize that it's not that important to me. It's important to me like a runner probably watches a stopwatch. It's a yardstick. And I learned that money is used for just two things. Two things, it's not to hoard. Definitely not to hoard. It's to make you comfortable. You'll hear people say, "Well, money won't make you happy." That's an absurd statement. It was never meant to make you happy. It was meant to make you comfortable. When somebody says, "You know, money's not gonna make you happy." Say, "Really?" And you know that you cannot drive around town in a refrigerator.
3:17 Speaker 00 And they're gonna say, "What are you talking about?" "Oh, I just thought I'd match a ridiculous statement with a ridiculous statement." I realize refrigerators are preserved food, not drive around town. Money is to make you comfortable, not happy. And at least if you're miserable and you have some money, you can be miserable in comfort. You know, there's some consolation to it. But that's one purpose. The other, it enables you to extend the service that you render far beyond your own presence. Now, that is important. I made up my mind years ago that we would have a company that operated all over the world
3:59 Speaker 00 and everybody who worked in our company would become wealthy. I just made up my mind I was gonna do that. I was driving down here today and I said to my wife, I says, "Money makes such a difference in your life, doesn't it? It frees you up. You don't have to spend any time wondering, 'Can you afford it?' It's just, 'Do you want it?' You don't have to wonder if you can pay it. You tell somebody to pay it. Money is a magnifier. It'll just make you more of what you already are. If you're not a nice person, you'll become absolutely terrible.
4:39 Speaker 00 Mike Paud, who's a major ball player. One time in Vegas, he said to me, he says, you know something, that's right. He says, I remember some guys in minor ball that weren't nice guys. And he said, when they got to the major leagues and signed up those big contracts, he says, they were just absolutely unbearable. But if you're a nice person, you're going to become a nicer person. Because it enables you to extend the good that you have far beyond your own presence. We should not want to hoard it. I've got no desire to leave it. I want to use it. And I want to use it to share what we're doing right here.
5:23 Speaker 00 Everywhere in the world. Because everywhere in the world needs what we're teaching. Now, let's turn over to the first part of this. We're on page 11. Now, this is pretty interesting. Whatever may be said in praise of poverty, the fact remains that it is not possible to live a really complete and successful life unless one is rich. Now, don't read anything else, just read that first paragraph again. Whatever may be said in praise of poverty,
6:06 Speaker 00 the fact remains that it is not possible to live a really complete and successful life unless one is rich. How many people have trouble with that? Be honest. Nobody has trouble with that? Wait a minute. How many of you can hold your arm in the air? Let me see if you can get your arm in the air. All right. Now, let's really suck in some truth serum here. How many of you have some difficulty with that? Oh, and we got a few held up their hands. You know why we have difficulty with it? We have difficulty with it because of the way we're programmed. See, if you're going to live a really complete life,
6:49 Speaker 00 you're going to need a lot of things that you are not able to do yourself. You cannot make yourself. You cannot get yourself. You're going to need money.
7:02 Speaker 00 For what, almost anything that you do.
7:06 Speaker 00 Think of all the services that are being taken care of in your home right now.
7:16 Speaker 00 Costs money.
7:20 Speaker 00 See, let's not get on the wrong track with this. We're not saying money's everything. We're just saying that it's essential if you want other people's products or services. You gotta have money, and with money, you can start to do the things that you'd really like to do.
7:37 Speaker 00 Money enables you to extend the good you do far beyond your own presence.
7:43 Speaker 00 Our company is educating kids in Africa every day. Hundreds of them. Apparently, we're gonna start educating them in India and... Los Angeles, is that Los Angeles?
7:59 Speaker 00 Yeah, she says yes, we're gonna, Los Angeles. No, it's not that Los Angeles is the same as India or Africa. It's just that they're gonna do something there too. We cannot rise to our greatest possible height in talent or soul development unless we have plenty of money. In order to unfold the soul and to develop talent, we must have many things to use, and we cannot have these things unless we have the money to buy them with.
8:33 Speaker 00 If you stop and think of what you've spent money on just in the last 24 hours.
8:40 Speaker 00 There's all kinds of things that you spent money on that you probably didn't really think about. You may have not spent a cent out of your pocket in the last 24 hours, but you were spending money at home, you were spending money in your office, in your car, in different places. That money, that was money being spent.
8:58 Speaker 00 Now, I want you to think when you're broke, you have absolutely no money. I know most of you have never been that way, I've been that way, I'll tell you. And, man, life gets... Pretty rugged.
9:12 Speaker 00 You can't do this, you can't do that. You don't even get to the point where you're real hungry.
9:18 Speaker 00 How many here have ever cashed in Coke bottles to get something to eat?
9:23 Speaker 00 God, I have. Oh, you have? Yeah.
9:30 Speaker 00 I remember doing it and saying, "I'm never gonna do this again." Then I'd do it again. You see?
9:37 Speaker 00 People develop in mind and soul and body by making use of things. And society is so organized that people must have money in order to become the possessor of things. Therefore, the basis of all human advancement must be the science of getting rich. The object of all life is development.
10:02 Speaker 00 Everything that lives has an inalienable right to all the development it is capable of attaining.
10:15 Speaker 00 You know, he gets into, "You might wanna enjoy great art."
10:21 Speaker 00 Well, you may go to a museum, but how about in your own home?
10:27 Speaker 00 You know? There's so many things. If there was no end to the money, you know, things that we would do, not just to blow the money, but for our own development.
10:43 Speaker 00 Each of us has a right to life. This means the right to have the free and unrestricted use of all the things that may be necessary to our fullest mental, spiritual, and physical unfolding. In other words, our right to be rich.
11:02 Speaker 00 In this book, I speak... I shall not speak of riches in a figurative way. To be really rich does not mean to be satisfied or contented with a little. You ought not to be satisfied with a little if you are capable of using and enjoying more.
11:25 Speaker 00 Now here's what I'm gonna ask you to do. I want you to take, there's page 11, 12, 13, and 14.
11:41 Speaker 00 I want one person to start reading, and I want everyone to really focus and listen to that person at your table that's reading. Start right at the beginning of the chapter. Forget that I've just gone over some of it. Start right at the beginning, and then you may say, when you've read a bit, pass, and somebody else start reading.
12:10 Speaker 00 And read the chapter, and listen very carefully to the person that's reading it. And then, when that's done, there are questions on page 15. I'm gonna ask you, the person that started to read, to ask that question. Explain how the right to life includes the right to riches. Okay, there's questions. You ask those questions, and I want you to discuss them at your table.
12:43 Speaker 00 Any questions? Good, let's start.
12:49 Speaker 01 That was Bob Proctor. His website is proctorgallagherinstitute.com. You can watch today's talk. Actually, you can order today's talk on Audible. It is called "The Secret Bob Proctor." All right, my friend, enjoy the rest of your Friday. Enjoy your weekend. I will see you on Monday. I'm out, peace.
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