The School of Greatness podcast explores the psychology and mindset around money and wealth creation. The topics covered include how individuals develop subconscious money beliefs in childhood that can lead to feelings of lack or separation from abundance. The summary delves into techniques for cultivating the right internal state, such as focusing on the unseen quantum energy field and accessing a relaxed, coherent mind-body state.
It also examines habits and behaviors of financially successful people, including living within one's means, delaying gratification, avoiding material possessions that depreciate, and believing in the ability to control one's financial destiny. The podcast encourages listeners to reframe their perspective on abundance and take action to attract wealth into their lives.
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According to Bob Proctor and Joe Dispenza, as children we absorb beliefs and attitudes about money through powerful emotional experiences and phrases heard from parents or the environment, shaping our subconscious financial mindset.
Dispenza suggests emotions tied to past scarcity experiences sabotage manifesting abundance. Fixating on lack rather than feeling abundant now creates incoherence, preventing attraction of wealth.
Per Dispenza, shifting focus from physical reality to the quantum energy field facilitates accessing a coherent brain state for holding clear intentions and attracting abundance.
Dispenza advises relaxing mind and body to synchronize brain regions and slow brain waves for coherent function free of stress.
Instead of anticipating lack, Dispenza recommends practicing gratitude and embodying the desired abundant state first to draw matching experiences through synchronicity.
George Kamel notes financially successful people live below their earnings. He discusses delayed over instant gratification, emphasizing patience and controlled spending.
Howes and Kamel share that millionaires often drive used, affordable cars and focus on experiences over constant acquisition, understanding possessions depreciate in value.
Per Kamel, most millionaires believe they control their finances. Proctor advises developing skills and income streams, while Bet-David suggests pursuing leadership abilities.
1-Page Summary
Lewis Howes delves into the psychological facets behind manifesting money and abundance. He is joined by experts Bob Proctor and Joe Dispenza, who discuss how individuals' relationships with money are deeply influenced by their past experiences and internal beliefs.
According to Proctor, a paradigm—comprising a multitude of habits—is rooted in the subconscious mind from a young age and heavily influences behavior, regardless of intelligence, education, or background. Dispenza adds that these beliefs are usually created from experiences in our formative years. For example, as children, in an almost hypnotic state due to slower brain waves, phrases such as "money is the root of all evil" or "you have to work hard to make money" heard from parents or the environment can lay the subconscious groundwork for one's financial mindset.
Recalling his own misguided approach to making money, which led to exhaustive collapse, Proctor suggests a necessary shift in thinking for his relatives who struggle financially each Christmas. He advises changing their paradigm through education, such as attending his seminars.
Dispenza underscores that strong emotional experiences, both positive and negative, forge powerful memories and associations, becoming a 'snapshot' that shapes our lasting perception of money.
These moments of heightened emotional experience create a freeze-frame effect in the brain, etching a long-term memory associated with that event, particularly around money matters.
Dispenza argues that emotions tied to past events, especially those ...
The psychology and subconscious programming around money
Experts like Joe Dispenza and Lewis Howes discuss the importance of shifting focus from the physical world to the energetic, unseen quantum field to attract abundance, emphasizing the roles of intention, emotions, and mindset in this process.
According to Joe Dispenza, most people are preoccupied with the material world and unaware of the quantum field—an invisible field of energy that exists beyond our senses. To access this field, one must remove attention from their body, environment, and time to relax into the present moment. This dissociation from three-dimensional reality and focus on the present can lead to a relaxed and coherent brain state, where brain waves slow down and different regions synchronize. Dispenza underscores the necessity of holding a clear, coherent intention and aligning the brain, heart, and emotions to send a stronger signal into the field, which is crucial for attracting abundance.
Dispenza advises relaxing the mind and body to shift focus from the physical to the quantum field. This process slows down brain waves and synchronizes brain regions, permitting a coherent and organized brain function. A coherent signal, free from the incoherence of stress, strengthens one's clear intentions for material outcomes.
Aligning the brain, heart, and emotions is central to making one's thought more real than any material thing. Dispenza and Howes stress the importance of having a clear and coherent intention and giving attention to thoughts of financial freedom and abundance.
Instead of waiting for external events to create feelings of wealth or success, Dispenza believes in feeling emotions like gratitude, worthiness, and love beforehand. This feeling initiates internal healing and attracts similar energy from external sources.
Dispenza contrasts two ...
Cultivating the right mindset and internal state to attract abundance
Key figures like George Kamel, Lewis Howes, Bob Proctor, and Patrick Bet-David discuss the habits and behaviors of financially successful individuals, emphasizing the importance of living within one's means, delayed gratification, and believing in the ability to control one's financial destiny.
Financially successful people often live on less than they earn, which George Kamel suggests is vital for financial success. He elaborates on the problem with spending more than you make, using the example of someone earning $40,000 but spending $60,000. Kamel discusses the need for delayed gratification and contrasts the instant gratification culture of today's society. He also introduces the concept of JOMO – the joy of missing out – advocating for satisfaction from not engaging in every spending opportunity.
Kamel and Howes talk about the importance of making sacrifices and getting rid of debt while emphasizing the discipline of putting a certain amount of money away each month for the future instead of spending it immediately. Financially successful individuals often have a long-term perspective, saving and investing their income patiently over time rather than seeking immediate gratification. Kamel suggests creating a budget before the month begins and recommends tracking transactions regularly to control spending and save for future investments or big purchases like vacations.
George Kamel notes that millionaires, on average, drive four-year-old used cars because they're aware that cars are depreciating assets. Lewis Howes shares his experience of driving a used car for the first five years he lived in Los Angeles despite his substantial net worth. He also mentions how his father would use cars until they could no longer be driven.
Instead of constant acquisition, Howes stresses the importance of having things that make one feel free, light, and full. He and Kamel advocate for living simply and focusing on experiences and relationships, rather than material possessions.
Kamel shares that 97% of millionaires believe they control their financial destiny, underscoring the significance of self-agency and personal responsibility. He suggests that hope plays a crucial role and encourages people to overcome any shame, guilt, or financial trauma from their past.
Bob Proctor mentions that wealthy people often have multiple sources of income and emphasizes the importance of changing one's mindset and approach to create financial success. He also mentions the principle of giving more value than you take in return and finding a mentor to learn and develop skills from.
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Habits and behaviors of financially successful people
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