Every Type of Wealth (Explained)

Summary

This video script explores the multifaceted concept of wealth beyond just money, highlighting 15 different types of riches, including financial stability, strong family ties, supportive friendships, and a life full of fun and adventure. It emphasizes the importance of time, freedom, mentorship, and positive energy, among others, as integral components of a rich life. The script also advises using wealth to reward those who contribute significantly to one's growth and well-being, advocating for a focused and holistic approach to achieving true richness in life.

Takeaways

• 💰 Being 'rich in money' means having no debt, predictable passive income, financial security, and diversified wealth that can sustain your lifestyle without working.
• 👨‍👩‍👧‍👦 'Rich in family' highlights the importance of having a strong familial infrastructure and the emotional support that comes with it, which contributes significantly to one's overall wealth.
• 🤝 'Rich in friends' signifies the value of having a reliable social network that provides support, companionship, and a sense of belonging.
• 🎢 'Rich in fun and adventure' encourages living a life full of extraordinary experiences and variety, which is considered more valuable than a monotonous existence.
• 🚀 'Rich in opportunity' refers to having multiple options and paths available to you, allowing you to choose your own adventure and not settle for someone else's leftovers.
• ⏳ 'Rich in time' is about having enough time to enjoy life at your own pace without the pressure of urgency or feeling like you're falling behind.
• 🕊️ 'Rich spiritually' means achieving inner peace, balance, and a sense of belonging, which provides a holistic perspective on life and a state of flow.
• 🏆 'Rich in freedom' encompasses the ability to control your life, time, and choices, and is considered the highest form of achievement.
• 🌳 'Rich in environment' suggests that living in a beautiful and serene place contributes to your well-being and overall quality of life.
• 🧙‍♂️ 'Rich in mentors' indicates the value of having elite performers guide your success, saving you from decades of trial and error.
• 🔍 'Rich in attention' implies that having attention can lead to power, money, and influence, but it's important to seek the right kind of attention that aligns with your values and goals.
• 🛋️ 'Rich in comfort' means having a high quality of life with everything you need at your disposal, which can make a significant difference in your daily experiences.
• 💪 'Rich in energy' is about having the vitality and health to pursue challenges and maintain a high level of enthusiasm in life.
• 🏛️ 'Rich in heritage' speaks to the value of tradition and history, which can add intangible worth to objects, brands, and even personal legacies.
• 💎 'Rich in memories' emphasizes the importance of creating and cherishing positive life experiences and memories that enrich your past.
• 🤝 Use wealth to reward those who contribute the most to your growth and well-being, rather than trying to motivate the mediocre.

Q & A

What does being 'rich in money' mean according to the script?

Being 'rich in money' means being in the top 10% of asset holders in your geography, having no debt, owning your home and car, having predictable passive income that covers at least twice the cost of your lifestyle, and feeling a great sense of financial security.

How does the script define 'rich in family'?

'Rich in family' refers to having a strong familial infrastructure, including parents, siblings, and potentially children, that provides support, love, and a sense of belonging, contributing significantly to one's overall wealth.

What role do friends play in one's life according to the script?

Friends provide companionship, support, and a safety net. They are crucial in making life's tough times bearable and pushing each other to become better through friendly competition and camaraderie.

Why is 'rich in fun and adventure' considered valuable in life?

'Rich in fun and adventure' is valuable because it adds excitement and extraordinary experiences to life, making it more fulfilling and potentially more enviable than a life of financial wealth without such experiences.

What does the script suggest about 'rich in opportunity'?

'Rich in opportunity' means having multiple options and paths in life that lead to a better future. It implies not having to settle for someone else's leftovers or expectations but being able to choose one's own adventure.

How does the script describe 'rich in time'?

'Rich in time' is about having enough time to see the results of one's efforts, not feeling rushed, and being able to experience life without the pressure of urgency, which contributes to happiness and longevity.

What is the significance of being 'rich spiritually' as per the script?

Being 'rich spiritually' signifies finding peace, balance, and a sense of belonging in life. It involves being creative, inspired, and able to look beyond superficial matters, providing comfort and guidance to others.

How is 'rich in freedom' defined in the script?

'Rich in freedom' means having control over one's life, the ability to choose how to spend one's time and resources, and experiencing life without the constraints that limit others, such as imprisonment or suppression of speech.

What does the script say about 'rich in environment'?

'Rich in environment' refers to living in a beautiful, serene, and enriching place that contributes to one's well-being and provides the necessary nutrients for personal growth and blossoming.

How important are mentors in the context of 'rich in mentors' as described in the script?

Mentors are crucial as they are elite performers invested in one's success, capable of saving decades of trial and error, and potentially being worth billions in impact on one's future.

What is the value of 'rich in attention' according to the script?

'Rich in attention' signifies having the power, money, and influence that comes with being noticed and valued by others. It opens doors and opportunities but should be balanced to avoid negative consequences.

Why is 'rich in comfort' considered a form of wealth in the script?

'Rich in comfort' means having access to high-quality necessities and luxuries that minimize pain and maximize pleasure, contributing to a life experience that is barely distinguishable from the ultra-wealthy.

What does the script suggest about 'rich in energy'?

'Rich in energy' implies having high levels of vitality, health, and the ability to face new challenges with enthusiasm and a sense of invincibility.

How is 'rich in heritage' valued in the script?

'Rich in heritage' is about having a legacy or history that adds intangible value to possessions, brands, or traditions, making them unique and premium in a world where uniqueness is highly valued.

What is the importance of 'rich in memories' as per the script?

'Rich in memories' focuses on the value of the experiences and events one can look back on with pride and satisfaction, emphasizing the importance of living a life that creates lasting, positive recollections.

What advice does the script give on how to use wealth to reward people?

The script advises using wealth to reward those who contribute the most to one's growth and well-being, rather than trying to motivate the mediocre. It emphasizes allocating resources to top performers and rewarding based on real contribution to outcomes.

Outlines

00:00

💰 Financial Wealth and Its True Meaning

This paragraph discusses the concept of financial wealth, explaining that it is not just about having a lot of money but being in the top 10% of asset holders in one's region. It emphasizes being debt-free, having assets like a home and car paid off, and having passive income that covers at least twice the cost of one's lifestyle. The paragraph also touches on the importance of financial security, diversification, and the ability to stop working without affecting one's lifestyle. It contrasts high earners who may not be wealthy due to high expenses and introduces the idea that wealth is also about the value of assets owned.

05:01

👨‍👩‍👧‍👦 The Invaluable Wealth of Family

The second paragraph highlights the importance of family as a form of wealth. It argues that having a proper family structure provides a sense of belonging and support that is irreplaceable. The paragraph discusses the lifelong value of family, the pain of not being able to have children, and the emotional growth that comes from loving something more than oneself. It also warns against the pitfalls of prioritizing money over family, as even billionaires may regret such a trade-off, and encourages cherishing time with family members.

10:01

🤝 The Power of Friendship and Networks

This paragraph explores the role of friends as a form of wealth. Friends provide a support system, companionship, and a sense of fraternity that makes life's challenges more bearable. The paragraph distinguishes between casual acquaintances and deep friendships, emphasizing the value of having '300 a.m. friends' who are available at any time. It suggests that rich friendships can contribute to one's success and well-being, and encourages self-reflection on the depth of one's friendships.

15:02

🎢 Embracing Fun, Adventure, and Life's Experiences

The fourth paragraph encourages living a life full of fun and adventure, arguing that such experiences are four times as valuable as a life without them. It points out that financial security often comes with the hope of a more exciting life later, but the ability to enjoy life's pleasures diminishes with age. The paragraph inspires the pursuit of extraordinary experiences and the avoidance of a monotonous existence, emphasizing the importance of living life to the fullest.

20:02

🚀 Rich in Opportunity: The Path to Diverse Choices

This paragraph discusses the concept of being rich in opportunity, which is about having a variety of options in life. It contrasts those who feel lost and anxious about their choices with those who see the world as their playground. The paragraph suggests that being rich in opportunity means not having to settle for someone else's leftovers and being able to create a life of adventure. It also introduces the idea of training oneself to recognize and create opportunities, drawing an analogy to the 'red car syndrome' or the Baader-Meinhof phenomenon.

25:02

⏳ Time as a Precious Form of Wealth

The sixth paragraph considers time as a form of wealth, with the concept of 'time billionaires' introduced to illustrate the value of having ample time to enjoy life's fruits. It emphasizes the cultural focus on urgency and the feeling of falling behind, contrasting this with the peace that comes from being rich in time. The paragraph suggests that being rich in time allows for a slower pace of life, the enjoyment of experiences without rushing, and the potential for happiness and longevity.

🙏 Spiritual Wealth: Finding Inner Peace and Balance

This paragraph delves into spiritual wealth, which is about finding peace, balance, and a sense of belonging in life. It distinguishes spirituality from religion and describes it as a state of being where one is creative, inspired, and at ease with their past and future. The paragraph suggests that spiritual wealth provides a holistic perspective on life, making one seem wise and capable of navigating life's challenges with grace.

🏆 The Pursuit of Freedom in All Its Forms

The eighth paragraph discusses the various types of freedom that contribute to one's wealth. It differentiates between freedom from constraints and freedom to pursue one's desires, emphasizing the importance of having control over one's life. The paragraph highlights the universal pursuit of freedom and the severe punishment of its loss, suggesting that true wealth includes the freedom to live life on one's own terms.

🌳 Appreciating the Wealth of a Nurturing Environment

This paragraph considers the environment as a form of wealth, suggesting that some people have won the 'environment lottery' by living in beautiful and serene places. It criticizes social media for creating discontent with one's surroundings and encourages finding a place where one feels at home. The paragraph argues that being rich in environment means having a surroundings that contribute to one's well-being and growth.

🧙‍♂️ The Value of Elite Mentorship

The tenth paragraph discusses the importance of having mentors as a form of wealth. It likens good mentors to elite performers or executive coaches who can significantly impact one's success and growth. The paragraph introduces the concept of making high-end coaching accessible through an app, allowing users to learn from top coaches at a fraction of the usual cost.

🔍 The Intangible Asset of Attention

This paragraph explores the value of attention as a form of wealth, drawing on the high spending on advertising to illustrate its power. It discusses the social validation and opportunities that come with being in the spotlight, while also cautioning against the potential downsides of unwanted attention. The paragraph suggests that the ideal is to have fame within a select group that provides social validation without the loss of freedom.

🛋️ The Comforts of a High-Quality Life

The twelfth paragraph considers comfort as a form of wealth, describing it as having access to high-quality amenities and experiences. It argues that once a person reaches their comfort threshold, the difference in experience between them and the wealthiest person is minimal. The paragraph emphasizes the importance of minimizing pain and maximizing pleasure in one's life.

💪 The Vitality of Energy and Health

This paragraph discusses the importance of energy as a form of wealth, equating it with health and vitality. It suggests that having high energy allows one to take on new challenges and enjoy life to the fullest. The paragraph emphasizes the value of being optimistic, fit, and disciplined, and the envy that others may feel towards those with such energy.

🏛️ The Legacy of Heritage and Its Value

The fourteenth paragraph considers heritage as a form of wealth, discussing how it adds intangible value to products and brands. It uses examples from luxury goods to illustrate the premium price that uniqueness and history can command. The paragraph encourages an appreciation for family traditions and heirlooms, suggesting that they may become incredibly valuable in the future.

🌟 The Riches of Lifelong Memories

This paragraph focuses on memories as a form of wealth, emphasizing the importance of creating positive experiences and events that one can look back on with pride. It suggests that the value of memories increases over time and encourages making changes to one's life to ensure a rich memory bank. The paragraph also warns against the trap of appearing wealthy while actually wasting life in the pursuit of that appearance.

🤝 Rewarding the Best People in Your Life

The final paragraph offers advice on how to distribute wealth responsibly, suggesting that it should be used to reward those who contribute the most to one's life and growth. It emphasizes the importance of recognizing and rewarding top performers rather than trying to motivate all with equal resources. The paragraph encourages a just distribution of rewards based on real contributions to outcomes.

Keywords

💡Wealth

Wealth in the context of the video transcends the traditional definition of monetary riches. It encompasses a variety of life's aspects that contribute to one's overall well-being and happiness. The video discusses wealth as being multifaceted, including financial security, family, friendships, and personal fulfillment. For instance, it mentions 'rich in money' as being in the top 10% of asset holders and having no debt, illustrating wealth in terms of financial stability and freedom from financial stress.

💡Financial Security

Financial security is a state of having predictable passive income that covers at least twice the cost of one's lifestyle, ensuring that one's basic needs and desires are met without the need for active income. The video emphasizes that financial security is a form of wealth, providing stability and the ability to maintain a comfortable lifestyle without constant work, as indicated by the statement 'you've got predictable passive income that covers at least twice the cost of your lifestyle'.

💡Family

Family, as a form of wealth, refers to the emotional and social support system that provides a sense of belonging and continuity. The video highlights the importance of family in contributing to a person's happiness and life satisfaction, noting that 'having your parents alive as you mature' and 'having a familial infrastructure around you' are invaluable assets that contribute to one's wealth in life.

💡Friends

Friends are presented as a chosen family that plays a crucial role in making life's challenges bearable and enjoyable. The video speaks to the importance of having a network of friends who provide support, companionship, and a sense of fraternity. It distinguishes between '500 p.m. friends' and '3:00 a.m. friends,' with the latter being those who are available and supportive in times of need, contributing to one's wealth in social connections.

💡Adventure

Adventure is described as a form of wealth that adds excitement, novelty, and fulfillment to life. The video suggests that a life filled with fun and adventure is more valuable and enriching than one without such experiences. It uses the metaphor of 'backpacking through Europe' to illustrate the envy that others might feel towards those who are living adventurous lives.

💡Opportunity

Opportunity, in the video, signifies having a range of options and choices available to one, which can lead to a better life. It is the ability to pursue various paths and not be limited by circumstances. The video mentions 'rich in opportunity' as a state where one is not forced to settle for someone else's leftovers or follow the crowd, but can instead choose their own adventure, indicating the freedom and potential for growth that comes with having opportunities.

💡Time

Time is presented as a precious resource and a form of wealth, particularly when one has enough of it to enjoy life and see the results of their efforts. The video introduces the concept of 'time billionaires,' suggesting that having ample time to experience life without urgency is a form of wealth. It contrasts this with a culture of urgency, where time is a controlling factor, to highlight the value of having time to enjoy life at one's own pace.

💡Spirituality

Spiritual wealth is about finding inner peace, balance, and a sense of belonging in life. The video describes it as a state where one is at harmony with themselves and their environment, able to tap into creativity and inspiration. It suggests that being 'rich in spirituality' means not being at war with life, accepting the past, and embracing the future, providing a holistic perspective on life.

💡Freedom

Freedom is discussed as the highest form of achievement and a universal pursuit. The video differentiates between 'freedom from things' and 'freedom to do things,' emphasizing the importance of having control over one's life and the ability to make choices. It uses the phrase 'rich in freedom' to describe a state where one is not confined by limitations imposed by others or circumstances, allowing for the full expression of one's desires and potential.

💡Environment

Environment, as a form of wealth, refers to the physical surroundings that contribute to one's well-being and happiness. The video suggests that being 'rich in environment' means living in a place that is beautiful, serene, and nurturing. It contrasts this with the dissatisfaction that can come from living in a place that does not feel like home, highlighting the importance of finding a place where one feels they belong and can thrive.

💡Mentors

Mentors are distinguished from friends and family as individuals who are invested in one's success and can provide guidance and wisdom. The video describes 'rich in mentors' as having access to elite performers who can significantly accelerate one's personal and professional growth. It uses the analogy of 'Dumbledore' or 'Yoda' taking someone under their wing to illustrate the value of having a mentor who can impart valuable knowledge and experience.

💡Attention

Attention is presented as a valuable form of wealth that can bring power, money, and influence. The video discusses the high value of attention in the context of advertising and celebrity culture, noting that having attention can open doors and opportunities. It also warns of the potential downsides of attention, such as the loss of privacy and freedom, using examples like the Kardashians and major celebrities to illustrate the concept.

💡Comfort

Comfort is defined as having access to high-quality amenities and experiences that minimize pain and maximize pleasure. The video suggests that being 'rich in comfort' means having a life organized around ease and enjoyment, from safe transportation to an optimal living environment. It argues that once a person reaches their comfort threshold, the difference in experience between them and the wealthiest individuals becomes negligible.

💡Energy

Energy, in the context of the video, refers to the vitality and exuberance that comes from being healthy and fit, both physically and mentally. It is associated with a high level of enthusiasm and the ability to take on new challenges with optimism. The video uses the image of people jogging with a big grin to illustrate the joy and value of being 'rich in energy,' suggesting that this form of wealth is highly desirable and contributes to a fulfilling life.

💡Heritage

Heritage is discussed as a form of wealth that adds intangible value to objects, brands, or traditions due to their history or connection to significant figures. The video uses examples like Don Pnan's wine and Louis Vuitton's products to illustrate how heritage can command a premium price. It suggests that heritage cannot be bought and therefore is a unique and valuable form of wealth.

💡Memories

Memories are presented as a form of wealth that reflects on the quality of one's life and the experiences they have gathered over time. The video emphasizes that great memories may not seem valuable in the moment but gain significance over time, similar to photographs. It suggests that having a rich collection of positive memories is a mark of a well-lived life and contrasts this with the emptiness of material wealth without meaningful experiences.

Highlights

Money is just one of the 15 ways to be rich, emphasizing the importance of achieving various types of wealth.

Being financially rich means being in the top 10% of asset holders, having no debt, and a secure passive income.

Having a loving family is a form of wealth that provides support and happiness throughout life.

Friendship is crucial for a fulfilling life, offering a support system and camaraderie.

A life rich in fun and adventure is four times as valuable as one without, highlighting the importance of experiences.

Opportunity wealth means having options and the ability to choose one's path in life.

Being rich in time implies having enough of it to enjoy life without the pressure of urgency.

Spiritual wealth is about finding peace, balance, and thriving in one's natural environment.

Freedom wealth involves control over one's life and the ability to make choices without external constraints.

A rich environment contributes to well-being and provides a nurturing space for personal growth.

Mentorship wealth is about having elite performers invested in one's success, offering invaluable guidance.

Attention wealth is valuable as it can lead to power, money, and influence.

Comfort wealth means having high-quality necessities and luxuries that minimize pain and maximize pleasure.

Energy wealth is about being healthy, fit, and having the vitality to take on life's challenges.

Heritage wealth adds intangible value through tradition and history, making it unique and valuable.

Memory wealth is about having a rich collection of experiences and moments to look back on with pride.

Using wealth to reward the best people in one's life encourages top performance and contributes to growth.

Transcripts

you know money is just one of the 15

ways a person can be rich in order to

achieve real wealth in life your goal

should be to check off as many of these

types of riches as you can here's every

type of wealth

explained okay so let's start off with

the obvious one number one rich in money

so the term financially Rich translates

to different numbers in different parts

of the world you should think of

yourself as rich in money if you're in

the top 10% of asset holders in your

geography so breaking that down being

rich in money translates to the

following no debt your home your car and

everything else in your life has already

been paid for there's no master above

you eating the fruits of your labor

you've got predictable passive income

that covers at least twice the cost of

your lifestyle this means you earn money

while you sleep and that income is more

than enough to cover the cost of your

lifestyle food clothes utilities travel

entertainment and any additional or

emergency purchase you might need to

make this income is stable and will more

likely be there 10 to 20 years from now

and you feel a great sense of Financial

Security and your wealth is Diversified

enough so that market fluctuations won't

put Financial stress on your family you

know you're rich in money when if you

decided today to never work another day

in your life your family would still

have a very comfortable lifestyle now

some people achieve this by selling a

company by acquiring properties that

they rent out by owning small pieces in

other people's businesses that pay off

dividends or by simply investing in the

S&P 500 and following the withdrawal

rate there are many people who think

being rich in money means earning a lot

of it but whether you're rich or not

depends on how much you spend one can

have a rich lifestyle without ever

becoming financially wealthy an example

of this is a streamer or Entertainer who

earns 100K a month but pays 50k for rent

in mansion and keeps an Entourage that

costs them another 50k unless you check

off the four boxes mentioned earlier

know that although you might be a high

earner you are not rich or wealthy for

material wealth is measured by the value

of the assets you own now that we've got

the basics out of the way let's go

deeper number two rich in family now as

hard as it is to believe being alone is

worse than being poor and nothing makes

you feel more alone than not having a

proper family now it might not feel like

that in the beginning but as time goes

on the importance of family goes up sure

there's the family you choose but

friendships come and go while family

will always be there having your parents

alive as you mature having a familial

infrastructure around you as you have

your own kids is literally Priceless not

everyone is lucky enough to have great

parents but if you are know that you've

struck gold in a way that completes your

puzzle if you think having kids is hard

try living with the pain of one wanting

children and not being able to have them

one can never mature until they love

something more than they love themselves

different parts within you unlock and

you find new wells of happiness joy and

wealth having a loving family is the

kind of wealth that you have to live

through in order to understand just how

valuable it is every divorced

billionaire out there will tell you that

even more money wasn't worth it when it

came at the expense of the family fabric

visit your grandparents have a beer with

your dad take your mom shopping show

your brothers or sisters an event kiss

your partner the way you did when you

were dating and play with your kids if

you do it right when you need it most

they will be there for you number three

rich in

friends speaking of the family you

choose your friends play a crucial role

in your life if your family gives you

purpose in life your friends make the

shitty times bearable it's the

fraternity that comes with it knowing

that you can tackle it together or at

least laugh laugh at it afterwards

friends push each other to become better

it's friendly competition companionship

and support system all in one as time

goes on the realm of friendship expands

into networks who you know is more

important than what you know think about

it if you took away their money most

rich people would get back to being rich

because of their friends and the people

they know rich in friendship means you

have a safety net of people who would

vouch for you who know what you're

capable of and who will show up for you

because they know you'll show up for

them well most of your so-called friends

are 500 p.m friends meaning you call

them casually Now and Then There are

some probably 1 to two maybe three that

are what we call 300 a.m. friends the

kind of friends you can call at 3:00 in

the morning and they'll pick up the

phone and show up for you this is a

great moment for you to question how

many 300 a.m. friends do you think you

really have number four rich in fun and

adventure

don't live the same day 5 days a week

for 80 years and call it a life for it

is not life has the potential to be full

of Adventure and extraordinary

experiences so here's a good rule to

remember a life of fun and Adventure is

four times as valuable as one without

them this means the person earning four

times as much money as you do still

looks up and secretly wishes they could

be you backpacking through Europe right

now and this is true because people

actually work with the hopes that once

they Achieve Financial Security their

life will be fun and adventurous the

problem is it takes them 40 to 50 years

to get there and as every geriatric will

tell you hot sex on a beach doesn't hit

the same after age 70 neither does food

sunsets ice cream or Adventure as you

know it now deep down we all secretly

want our lives to be these Big

Adventures like the ones we read about

when we were young to feel special to

experience something outside of the

regular paths so when you see someone

actually doing it you're kind of jealous

a person who manages to fill their lives

with fun and Adventures is someone who's

living life right what's the point of

being the dragon who gathered the most

gold coins if you never leave your cave

number five rich in opportunity in

Venture Capital we call it deal flow in

sales it's called qualified leads in

acting maybe it's how many movie offers

you get how many companies are off

offering you high-end positions or how

many women want to date you opportunity

simply means having options most people

go through life never figuring out what

they want to do they live in a constant

state of disorientation and anxiety they

second guess their choices and move

along with the crowd even if it doesn't

feel particularly right at the other end

of the spectrum there is a subset of

individuals to whom the world is their

playground they could do anything they

want and probably they would also be

great at it rich an opportunity means

you are the one who picks you're the

main course you don't have to settle for

someone else's leftovers or do the same

thing everyone else does just because

that's what's expected of you rich in

Opportunity means your life doesn't suck

you have many paths ahead of you that

lead to a better life and it's up to you

to pick which Adventure you want to go

on it means that even if something

doesn't work out the way you hoped it

would there's still plenty of

opportunity left not only do you not

have options there's there's enough gas

in the tank to get you through most of

them most people think that opportunity

is something that shows up unannounced

in your life and you've got to be ready

for it and that's true for most people

but not for those at the top you can

architect your life in such a way where

opportunities gravitate around you all

the time you could build a funnel that

creates these opportunities for you the

easiest way is to start training

yourself to see it and point

opportunities out often this is called

red car syndrome or by its academic name

the Bader mhof phenomenon if I show you

a red car and then tell you to look for

a red car you're more likely to see red

cars on the road because your brain is

primed for it otherwise you wouldn't

notice them quite as much it's the same

with a pair of shoes Bears numbers you

name it you start off by noticing

opportunities more and more often and

then eventually you Domino your way into

creating them it takes 10 to 15 minutes

per day to Wi your brain to work like

that if this is something you're

interested in mastering or developing

for yourself download our app by going

to alux.com slapp or scanning the QR

code on screen we mix Neuroscience

academic research and real life

experiences to train your brain to build

wealth and a good life the same way a

fitness coach helps you get in shape

hundreds of thousands of people have

downloaded it so far and use it to

better themselves every day and you've

been missing out so here's the deal okay

we spent over a million dollars of our

own money building this app and we're

about to spend a couple more making it

the most valuable tool for

self-development there is and because

you watched this particular video If you

scan the QR code you'll get 25% off your

yearly membership to jump start your

Evolution see you on the

inside number six rich in time now a

while back we introduced you to the

concept of time billionaires which is a

phenomenal way to understand this point

now there's a link in the description to

that video the app and everything else

we talk about here we guarantee you that

every old billionaire out there would

trade all of their fortunes to be the

age you are right now no question about

it okay yet most people take time for

granted rich in time means you have

enough of it ahead of you to see the

trees you plant grow strong and bear

fruit rich in time means you're not in a

hurry anywhere the alarm clock doesn't

control you you're not late going

anywhere you are where you should be

from a Time perspective our entire

culture revolves around urgency right

despite our youthful clothes we feel

like we're getting older faster at least

mentally and emotionally right rich in

time means you don't feel like you're

falling behind that you need to keep up

that your life will pass you by and what

a wonderful kind of wealth that is rich

in time means not having to speedread a

book or one .5x a podcast or skip an

intro to a TV show it means you prefer

walking instead of taking an Uber or the

bus listen to this okay because it is

important rich in time means

experiencing the passing of time without

the need to race it the people who score

the happiest around the world have

mastered this it just so happens to be

tied to longevity and

vitality number seven Rich spiritually

but okay don't confuse spirituality with

religion Rich spiritually means you

found peace you're at balance in your

life you found a place where you belong

and you're thriving naturally in this

environment you are creative you can

easily tap into a state of flow and you

feel inspired ideas come to you easily

and you're able to create work that you

take pride in it's hard to explain to

people who've never been at peace before

but think of your soul as not being at

war with anything or anyone

Rich spiritually is when you stop caring

about whether or not life is fair

because you've learned to ride the waves

how to adjust sails when the wind blows

and how to take the good with the bad

and everything in between you've made

peace with your past and will accept the

future wholeheartedly and this gives you

a holistic perspective on life others

think of you as wise for your ability to

look beyond the surface your beliefs

provide Comfort guidance and serve as

Cornerstone stones for how you live life

in such a way where nothing feels wasted

you know your Rich spiritually when you

find your own version of God or become

it number eight rich in Freedom there

are many types of Freedom out there so

much so this topic might deserve a video

on its own if you guys want to watch

that freedom is the highest form of

achievement which makes it a universal

Pursuit beyond that there are a couple

of distinctions to be made there is

freedom from things and freedom to do

things in between those two is the

freedom to choose what do you want to do

with your time money self Etc you know

you're rich in Freedom when you feel in

control of your life of your year of

your day from the moment you wake up to

the moment you put your head down to

sleep you've lived the day the way you

decided to some people are rich on paper

but they can never return to the

motherland or speak their mind or see

their kids this is why as a society we

decided there is no higher punishment

than taking away someone's Freedom it

doesn't matter how much money you have

going to jail disqualifies you from The

Game of Life or money for when they take

away your freedom they take away a piece

of you being able to move freely around

the globe to talk to anyone you want

about anything you want to experience to

run wild and field without a care in the

world the freedom to see the world for

what it is and shape it the way you want

it to be because you can that is a level

of wealth and power very few people get

to

experience number nine rich in

environment now you might not realize

this but some of you have won the

environment Lottery you were born or

decided to live in the most rich

beautiful and Serene places in the world

social media has this toxic trait of

making you feel like you should be

somewhere else than where you are we're

big fans of moving around the planet

until you find a place that feels like

home a place where you belong once you

find it put down roots and don't look

back instead look at the sky the sunsets

at the ocean waves or the mountain peaks

look at the way the tree leaves dance in

the wind in our travels we found people

who want to and can be miserable

anywhere rich in environment means that

everything around you contributes to

your well-being and is working actively

to give you the nutrients you require to

grow and Blossom everything you need is

around you the ground is fertile so

anything you plant grows High your only

choice Remains What should you

plant number 10 rich in

mentors mentors are different from

friends or family members rich in

mentors means that by some turn of

events or engineered decision

you now have some Elite performers

invested in your success what's it like

when Dumbledore takes you under his wing

or Yoda teaches you how to use the force

the right pupil in the hands of an elite

Mentor will surpass their teacher in a

fraction of the time having the proper

mentors saves you Decades of trial and

error they can be worth a billion

dollars based on the impact they have on

your future which is why the richest of

the rich are all in constant pursuit of

even better mentors

and this is where the term executive

coach takes ground top CEOs have

multiple people with Decades of

experience overseeing their every move

with the sole purpose of optimizing for

efficiency and minimizing potential

mistakes a good executive coach costs

$50,000 to

$250,000 per year for decades this has

given the rich a massive unfair

advantage that makes them even richer so

we at Alex decided to do something about

it and let the playing field we pay

these executive coaches on your behalf

put them in a studio and have them coach

us the same way they would coach a

Silicon Valley CEO we then take these

sessions and strategies and put them

right into our app for you to learn from

instead of paying tens of thousands or

hundreds of thousands of dollars per

year you get access to not just one but

tens of ultra high-end coaches for only

$1.99 a year not to mention that average

people simply won't have access to these

kinds of individuals our app engine

tailors the learning path to maximize

the likelihood of real change for you

based on what your current situation is

it's incredible a luxer we put this

luxury previously available only to the

super rich into the hands of everybody

if you're in the very early days of your

journey scan the QR code on screen and

you'll get 25% off your yearly plan or

go to alux.com apppp and download it

there eventually we'll email you a

discount code this way anyone who

actually wants to make something of

themselves can be rich in

mentorship number 11 rich in attention

attention is incredibly valuable okay

you want to know how valuable ad

spending worldwide reached almost 733

billion US in 2023 alone and look okay

it's projected across a trillion dollars

per year in the next couple of years

this is why people spend millions of

dollars on a 302 Super Bowl ad attention

Whoever has it can get power money and

influence the Kardashians were richer in

attention than they were rich in money

and eventually the Benjamins caught up

to the attention they were getting most

people want it we all crave the

spotlight to different degrees because

it elevates us on a social hierarchy

people gravitate toward the spotlight

like moths to a flame when you have it

you feel valued you feel important and

some people thrive off of it attention

opens doors and opportunities that would

otherwise be out of your reach attention

validates you in the eyes of your peers

professional recognition translates to

lower risk for the future because now

you're an in demand asset but it's

important to note that there are

different kinds of attention attention

without anything else to back it up can

be a terrible mix you could get

attention for the wrong thing and never

Escape it ideally you want a bit of Fame

within a select group of people that

provides you the social validation you

crave but not to the attention extent

someone like Taylor Swift or Beyonce

would get for that kind of attention

limits your freedoms and it can limit it

a lot you can't walk out of the house

without people swarming you you can no

longer have regular life experiences in

that natural environment so now you're

stuck number 12 rich in Comfort this is

one of our favorites because it's the

least philosophical of them all rich in

comfort means you have everything you

need of high quality at your disposal

when you turn on the faucet hot water

comes out if you want a strawberry

they're available a great bottle of wine

at a table with a view and a couple of

friends yes please comfort means the

minimization of pain you can buy or

organize your life around it your car is

safe it runs well and you find pleasure

driving it your mattress is is soft and

firm in all the right places your room

temperature is optimal because of the

law of diminishing returns if you got

your life sorted out the gap between you

and the richest man in the world is

barely noticeable from an experienced

perspective a $200 bottle of French wine

isn't 100 times worse than a $220,000

bottle of Chateau Petrus sure there

might be more bathrooms in a house but

money can't buy a better water

temperature you can rent what they own

and the experience will be the same

here's the crazy part though if you

check off more types of wealth than they

do you in your slippers walking through

your house might actually have a better

morning than they do in their Penthouse

taking pills and rushing to meetings at

some point in your journey you'll come

across your comfort threshold and

realize you've arrived things can get

better sure but only marginally from

here and for insane amounts of money

where the trade just no longer Mak

sense number 13 rich in energy have you

ever met people who were extremely happy

have you looked out the window at an

early morning and saw people jogging

with a big grin on their face deep down

we all want what they have we want that

Vitality that energy that feeling of

being high on life rich in energy means

being rich in health rich in body and

mind fit disciplined and able to make

sharp decisions that maintain a high

level of exuberance when you've got all

of that in your bag you find it

thrilling going after new challenges in

your life you feel like you're actually

at the top of the food chain that

nothing can stop you no peak is too high

no challenge too big and you're ready to

ride it all into the sunset we love

optimistic people we love those who

laugh because their laugh is contagious

rich in positive energy is a Vibe my

friend you realize how valuable this is

when there's still things you wish you

did but you simply no longer have the

bandwidth or the battery for it it

doesn't matter how strong your processor

is on paper if your battery when you

wake up is still under 20% deep down you

know you could be one of these 100%

battery people if only you could figure

out a way to get ahead for once this is

why you envy them and this is why what

they have is so

valuable number four 14 rich in Heritage

now it might surprise you to learn the

second richest man in the world made his

entire Fortune off Heritage Don pnan can

sell a bottle of fermented grapes for

250 bucks Louis vuon can sell a leather

wallet for 1,x the price of a regular

one same for heres with their bags or

Chanel with their makeup you can't buy

tradition you can't buy yourself new

history so the Heritage the brand The

Prestige gets f factored in Elvis's

guitar is more rich in value because it

belonged to Elvis Heritage attributes

intangible value to anything it infuses

it separates one from everything else

and in a world of 8 billion people

uniqueness comes with a premium price

tag some of you scoff at family

traditions at family heirlooms at the

old ways being drawn in by the new but a

few Generations from now what you

disregard is old old and outdated will

be one of incredible value so let's

expand on that for a second number 15

rich in memories if Rich in fun and

Adventure focuses on the way you go

through life now memories focus on the

past when you look back at the way

you've lived up until this point how

many gems do you have in your memory

bank how many events can you look back

on proudly and say that you've not

wasted your life not many well maybe

it's time for a change here's what

people don't realize okay the greatest

memories don't feel like Memories or

that valuable in the moment their value

goes up with time the same with

photographs a photo of you sitting in

your house today doesn't seem that

special right but 40 years from now

it'll be something extraordinary for you

to hold or look at time grants value to

anything that travels through it

unscathed and great memories are on the

top shelf the worst kind of wealth is

the one where everyone says that you're

rich at the end of your life but when

you look back on it you realize you

wasted a life in the process of looking

Rich to everyone around you do not make

that mistake alexir so looking at this

current list how many of these 15 can

you proudly say you can check off let us

know in the comments and since it's

become tradition for these videos to

have a secret bonus reserved only for

those true eluxers watching until the

very end here's this one use money to

reward the best people in your life not

to motivate the mediocre with great

wealth doesn't necessarily come great

responsibility life isn't Uncle Ben but

it does come with a lot of options and

power to make a difference in people's

lives some will feel entitled to your

money and some will expect some of it

just because of a shared past use the

money to reward those who do great work

those who contribute the most to your

growth to the well-being built around

you this applies both to friends family

and employees or business partners the

just way of Distributing the rewards

you've earned is based on real

contribution to the outcome some people

were crucial and some people were just

there if you want to be generous

everyone should get some but not

everyone should get the same if you

happen to be in the process of acquiring

riches a gold nugget for this is to

allocate your limited resources on the

top performers the deal makers those who

move the needle for you instead of

trying to motivate all the Slackers

motivating the rest should be a

byproduct of rewarding the best make

sure everyone eats but you don't get a

first unless you've earned a seat at the

table if this perspective on life and

the different types of wealth made sense

to you write the word best in the

comments let's see how many of you are

willing to give it your best in the

pursuit of all of these 15 types of

wealth we'll see you back here next week

alexer until then take care