What Are You Willing to Sacrifice to be Wealthy? with Scott Galloway
b"Young people these days talk about wanting balance in their lives.\\xa0\\xa0\\nWell according to Scott Galloway, that means you don\\u2019t want to be rich.\\xa0\\nBuilding wealth is no easy feat. It requires determination, hard work and sacrifice. But luck plays a huge role too.\\xa0\\nScott shares stories with us that he\\u2019s rarely talked about publicly. He dives into the strategies that helped him build his fortune. He\\u2019s also got loads of lessons learned from his biggest failures. He went from being worth around 30 million to a negative net worth during the dot com crash. He clawed his way back over the next few years to over 10 million or so, only to lose it all again. He tells us what those failures and successes were like for his mental health, and what it taught him about keeping his ego in check.\\nScott thinks it\\u2019s important to talk about money even when it makes you feel like a douchebag. Not talking about money keeps the poor down. He shares his key tips and advice for diversification and why it\\u2019s so important in building wealth.\\xa0\\n\\nThis is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits.\\nWho is Sam Parr?\\nSam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022.\\nThis podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups.\\n\\nChapters:\\nScott\\u2019s Background (03:36)\\nEarly Success and Sacrifice (06:24)\\nThe Power of Luck, Diversification and Failure (10:29)\\nStrategy and Entrepreneurship (19:42)\\xa0\\nThe Hoarding Money Virus of America (26:46)\\xa0\\nWhy Talking About Money is Important (32:25)\\nFinal Thoughts and Advice (40:57)\\n\\xa0\\nThis podcast was produced in partnership with Lower Street and distributed by Morning Brew.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"