How can you live a wealthy life? Tom explores Principle 5: “Invest in yourself, not only material possessions. Spend your resources on experiences that provide a life-time return on investment.” Together with guest Dorine van der Wijk, an entrepreneur & researcher, they explore the different forms of wealth and how we can attain an abundance of life’s riches.
Selected Links
· Connect with Dorine van der Wijk
LinkedIn
· Connect with Tom Marshall
Website | LinkedIn
· Dorine’s Article about her wealth research
· Tom’s Blog about he discovered communal wealth in Uganda
· Life Balance exercise
Show Notes
Tom’s personal story about why he created this principle. [01:40]
Challenges with the principle that are explored in this episode. [06:20]
Introducing Dorine. [06:52]
Why Dorine defines herself as a human being in progress. [07:55]
We are wrapped up in layers of society that hide our true selves. [08:45]
How Dorine discovered she was in “human doing” mode. [09:40]
“I had it all on paper, but it didn’t really make me happy”. [11:35]
Dorine explains her alternative forms of wealth. [12:30]
All forms of wealth must be in balance, in order to be happy. [13:45]
The importance we place on different forms of wealth is continuously changing, so we must keep reflecting. [15:15]
We need to first “be” to understand what actions we should “do”. [16:40]
Dorine’s advice for how people can transition from a “human doing” into a human being. [19:16]
Ask yourself: am I choosing to do this, or am I doing this because my external environment expects me to? [22:20]
How Dorine’s old colleagues reacted to her new lifestyle choices. [23:00]
Consciously choosing what we invest in shapes our lives. [24:15]
“I don’t want to be rich only in a bank account.” [25:35]
Why The Beatles got it right. [26:30]
Transacting from a place other than money creates the emotional benefits of giving and receiving. [27:35]
Capitalism captures only a tiny aspect of wealth. [29:55]
We cannot say we are rich if there’s so much poverty in the world. We’re connected to it, even if it’s on the other side of the globe. [31:55]
Why Dorine thinks people in the “East” are wealthier than those in the “West”. [33:10]
Until you’ve experienced monetary wealth, you don’t realise it won’t satisfy you. [34:55]
If we stop teaching monetary wealth as the definition of success, we can change it. [36:00]
As individuals, we can influence other’s perception of wealth with the way we talk about money. [37:20]
Dorine’s next steps with her research on wealth. [38:35]
Love yourself first and you can then give more to others. [40:45]
Monetary wealth is not wrong, but we must align it with what we want – not external validation. [42:30]
“I never regret a single thing I invested in my journey.” [43:25]
Tom’s reflection on Dorine’s story. [44:00]
Oct 13 20201 min