Millionaire Secrets NO ONE Shares! (How To Get RICH And Die with ZERO REGRETS!) | Bill Perkins
Added: Nov 13, 2023
In this episode of the School of Greatness, Lewis Howes interviews Bill Perkins, a successful hedge fund manager and author of the book "Die with Zero: Getting All You Can from Your Money and Your Life." Perkins shares his insights on how to live a fulfilling life and make the most of your money, while also leaving a meaningful legacy.Perkins emphasizes that money should not be the ultimate goal in life. Instead, the goal should be to live a fulfilling life and create lasting memories. He believes that people often fear running out of money, rather than fearing wasting their life. He encourages listeners to prioritize experiences and memories over accumulating wealth, as these are the true rewards of life.
One of the key takeaways from the podcast is the importance of timing when it comes to experiencing life to the fullest. Perkins uses the analogy of life being like Tetris, where you have to place experiences in the right order to maximize fulfillment. He advises listeners to consider the timing of their experiences, as physical and mental abilities change over time. For example, he shares his own experience of realizing that certain physical activities, such as wakeboarding, become less enjoyable as the body ages, and therefore should be prioritized earlier in life.
Perkins also addresses the common concern of leaving money for children and charity. He advocates for giving children their inheritance at a time when they can fully appreciate and enjoy it, rather than waiting until old age. He believes that giving children money at the right time can have a more significant impact on their lives and fulfillment. Additionally, he encourages listeners to consider the impact of their wealth on their legacy, emphasizing the importance of spending time with loved ones and creating meaningful memories.
The concept of "dying with zero" is a central theme in Perkins' philosophy. He encourages listeners to spend their money down to zero as close as possible before they die, in order to avoid working for no reward. He emphasizes the importance of using wealth as a tool to maximize fulfillment and create lasting memories. Perkins believes that survival is important, but saving should also be balanced with experiencing life to the fullest.
The podcast then delves into the topic of achieving success. According to Perkins, belief is a key factor in achieving success and wealth. He emphasizes the importance of having a delusional belief in oneself and one's abilities. He shares his own experience of starting with a modest income and working multiple jobs, but always believing that he could achieve more. This belief led him to take risks and pursue opportunities that ultimately led to financial success.
Consistency is another crucial element in the pursuit of wealth and fulfillment. Perkins encourages individuals to take their dreams and goals seriously and to consistently work towards them. He emphasizes the importance of putting in the effort and using all available resources to achieve one's objectives. Perkins also highlights the significance of doing one's best in every endeavor, as regrets often stem from not giving one's best effort.
The conversation then shifts to the subject of living a life of integrity. Perkins stresses the importance of aligning one's actions with their values and beliefs. He emphasizes the need to live a life that is true to oneself and to prioritize integrity in all aspects of life. Perkins shares that success and fulfillment come from living a life of integrity and being true to one's values and pursuits.
Lastly, Perkins discusses the importance of love, forgiveness, and caring in one's life. He emphasizes the value of processing information and experiencing movement in life, as these contribute to a fulfilling and meaningful existence.