Ladies and gentlemen, welcome to the shipkid sheared podcast. We're here. We talk about people politics and popular culture
I've your host the one only Austin Korean my friends. I want to welcome you into the show
You know in the mornings we usually do more motivational and inspirational and I think today will be a great
addition to that already
fantastic
mindset that we've been developing over the last couple weeks and I really want to discuss an idea
that's
It might be something that you're not gonna accept initially
Might be something that's different than how you're currently thinking and if that's true and that's good
Because I mean you learn something new today
My friends I
Was saying that I heard one swing a man that I respect
And it was that money makes for a great servant, but a bad master. It was Lord bacon who said that
And now I want to examine that statement real quick
When you hear that what comes to your mind, I'll repeat it for you in case you missed it
Money makes for a great servant, but a bad master
When you what thoughts come to your mind when I say a statement like that
confusion
Comfort what comes to your mind?
Maybe you already knew that to be true
But you see so many people
So many people they think that they need to trade their time for money. They think that
In order to earn money you need to pedestalize it and then you need to almost serve it for it to reward you
But that is not correct. That is inherently a
Horrible idea horrible disgusting. It doesn't work
It doesn't work. Why do I say that?
Because there ever you part everyone who is rich reaches a certain
Reality now reality is this your money must make you money
Because if your money is not making you money and you are working for your money
Trading your time for money
You are losing out on potential gains there are those who
Pay interest and then and then there are those who collect interest
Which do you want to be?
Which of the two would you choose? You can't have both
You need you will be one and
Most people there I say like 85 to 90 percent of people pay interest and they don't earn it
That is why I believe that Lord Bacon was correct
That money makes for a great servant but a bad master if you are listening to the show today and you are
Or treating your time from money whether it's a minimum wage job whether you're getting paid Ainsomly
You still
must
Now you can we explain to you like this I feel like I'm exploiting it the same way all over again. Let me explain to you like this
well, let's pretend that you are a farmer and
You are reaping the great crop that you have sewn now in
In the book the richest man of Babylon the author discusses this idea of paying yourself first
He talks about the richest man in Babylon
Everyone wanted to know a secret everyone wanted to know what made him so successful
How did he make so much money and how is it he was never wanting for more?
well
if you're a farmer and
You want to and you know the greatest bumper crop you've ever had
You wouldn't sell off all the crop would you know, of course you wouldn't you would save some of it
So that you could replant it again so that you could hopefully replicate what it is you just did
That is
What is talked about in the book the richest man of Babylon when he talks about paying yourself 10%
Of everything that you learn
Now that 10% is not meant for you to go and party
It's not meant for you to do something with it
Like buy a nice car or whatever. No, no, no, no
That will come in time
What you must do is I want you pay yourself first those are the little acorns that you keep aside
And you must sew those acorns so that they can sprout even more trees
Before you know it you have an entire orchard or
Let's go back to the farmer example
The more fields that you so the more crop you show reap
That is money serving you not you serving money
You serving money would be you being the field worker in that all that farm
Not you being the farmer who's sowing his own seed is
Is allowing the wind to help you and is allowing yourself to be paid first so that you can use that crop
To plant another field another orchard
another potential yield
While letting the seeds fall where they may
Now I may not always work out for you
What you need to understand is this
When you make money you're servant you must be willing to direct it
Because masters tell their servants where to go what to do who to talk to and everything else
They don't let the servant dictate what they do
So if you don't have a plan for what you would do with the money if he was given to you
If you don't have any avenues any investments nothing to do with the money that it's no wonder you don't have money
That's the same as pull. I'm trying to run a stream
Through a dam it will not work
you must
Create a fleet free flow
and
Once you do once all the obstacles have been removed and
You have taken control
You will see your funds increase and you will see your life change
Because you have become the master
This is not a partnership
You
Money will treat you the way you treat your money if you treat your money is and you want to get rid of it as fast as possible
It's been and spend and spend and spend
Then it's no wonder you don't have money. You're telling it to go away
You're telling it that you don't value it and you don't know what it brings the table and what it could do to change your life
So it's no wonder you don't have money
now my friends
This might sound a little woo to you as might sound a little out there
Spiritual even light three off, but that's good. It provokes thought in you and that's exactly what I like. I
Want you to become better. I want you to have everything everything you ever wanted
But if you are to have everything you've ever wanted
You must first be the person
Who is worthy of everything that you ever had
Let me ask you something. Let's say apathetically. I don't know who you are right now
I don't know where you are in your life. You can be anywhere from already really successful to barely even out
You barely even left the starting line
Let's pretend like right now, but in this moment you got everything you ever wanted cars
Money women or whether if you're a woman you got the dream that you've always wanted success respect
Man woman, whatever it is that you want
You've got it. It's in your hands. It is in your possession
What now?
What do you do next?
You just
Do you just raffle and what you've already achieved or is there more?
See that's the thing that I don't think people really think about I'd already know what I'm gonna do next after
I've achieved what I'm already looking to achieve
Because I plan it out. I know exactly what I want to do and I know what will happen next
So many people don't plan for what they will do after they won
Because frankly they don't think they're going to win so they don't make a plan for what comes next after that
Being rich is our entire plan
Being rich is not my plan. It's a means to an end for me to achieve my true goals in my life
That is why paying myself is no consequence. That's why you will never find me lacking in ambition
My ambition is not merely to possess money my
Ambition is to be heard
And known as one of the greatest minds of our time as a personal development itself improvement guru
Someone who helps other people someone who continues to write books
Someone who may even potentially run for political office at some point. I don't know
I have so many different plans for what I could do
But I'm not letting that paralyze me and I sure as I sure as hell
I'm not gonna sit back and just do nothing and fantasize
I'm a fantasy author not just a fantasy thinker
My friend's money is a tool
Just as there are garden tools to help you build a garden money is one of your tools to help you
Build the garden the shrine that people will remember you bought
Will your shrine be well kept well decorated and well ordained or will it be a gift from God?
And well ordained or will it be a dilapidated old crumbling shrine?
That's too obscure that historians are not even sure what it was meant for and you will fade
Into the nothingness the dust beneficiary
Is that what you want?
Is that what you want? I?
Don't think so
But are you willing sacrifice maybe give out give up going out every weekend?
Maybe give up on dating for now
Where are you willing and sacrifice to get what you want because you can you can have it all but not all at the same time
Because just like if you're just like when you were a kid you want to take a cookie out of the cookie jar
You try to take out 10 cookies you wouldn't be able to get your hand out of the jar the
Jura might even fall off your hand and break
That is what your life might happen to your life if you're too greedy
That's why there's a difference between ambition and greed
One propels you forward
One gets you hemmed up
My friends, I hope this message came through to you
And helped you realize that whether she made a lot of money or a little bit of money
Money is meant to be your servant not your master
Whether you have well ten servants a hundred servants a thousand servants or even one servant
Make it work for you on your terms
And your we you will see your household grow
Well, let it dictate you
In your house which could have been a great house known throughout all land
Be reduced to nothing, but at the lapitated structure
That no one will ever
remember
My friends God bless you
God bless your family. God bless America. Have a great day
Peace