Tom Bilyeu's Impact Theory

Welcome back to Impact Theory with Tom Bilyeu. In today's episode, we're diving deep into the roots of economic inequality, unpacking the differences between capitalism, socialism, and communism, and exploring why the systems we rely on shape our lives in profound ways. Tom Bilyeu breaks down how wealth is distributed, why debt and money printing are at the core of our current financial challenges, and what history—from Argentina's boom and bust to the fall of East Germany—teaches us about the consequences of government intervention and top-down control. We'll look at real-world examples like rent control policies in New York City and around the globe, examining how well-intentioned measures can spiral into devastating housing crises and urban decay. Along the way, Tom Bilyeu challenges us to rethink populist solutions that may feel right in the moment but often backfire in the long run, and to focus instead on the structural incentives driving our problems. Whether you're passionate about economics, history, or social progress, this episode will equip you with the insights and mental frameworks needed to navigate today's rapidly changing financial landscape. Get ready for a thought-provoking journey that blends hard-hitting data, historical case studies, and actionable advice—so you can see beneath the surface and make better decisions for yourself and your community. Quince: Go to https://quince.com/IMPACTPOD for free shipping on your order and 365-day returns. Linkedin: Post your job free at https://linkedin.com/impacttheory HomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.com Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Huel: 15% off with this exclusive offer for New Customers only with code impact at https://huel.com/impact (Minimum $75 purchase). What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

This is a fan fav episode. Reaching your full potential is a pursuit worth going for regardless of your goals for life, business or relationships. You will have so many options and opportunities in life to become extraordinary, the only question is how and what’s stopping you. Rickson Gracie is a living legend with over 450 wins in Brazilian Jiu Jitsu. As much of a warrior he has become over the years as a 9th degree red belt, he is also kind, spiritual, and connected in mind and body. His story represents what is achievable when you control your mind, your body, and your spirit. He shares the importance of the breath and what it takes to be uncomfortable, seek out discomfort and learn to master and control yourself in that discomfort. Though you may not be on a mission to become a jiu jitsu competitor, you will still benefit from the lessons shared byu Master Rickson Gracie in this episode. Order Rickson Gracie’s new book, Breathe: A Life In Flow: ⁠https://amzn.to/3CGVz4C⁠  Original air date: 8-17-2021 SHOW NOTES: 0:00 | Introduction Rickson Gracie 2:10 | Kindness of a True Warrior 4:26 | Tools of Martial Arts 7:34 | Control Mind Body & Spirit 15:32 | Spiritual Power of a Warrior 17:35 | When the Fight Comes 24:55 | Developing Moral Values 37:18 | Elements Needed for Mindset 40:09 | The Gift of Being Present 46:37 | Allow Kids Their Own Path 50:24 | Uncomfortable Breathing 54:26 | Help Non-Fighters Fight Life  Learn more about your ad choices. Visit megaphone.fm/adchoices

On Today's Episode: You are not alone if the recession has you nervous about what to expect. People have real concerns about whether or not they’ll be able to afford groceries, gas, and even rent! For sure you’ve heard that millionaires are made in recessions, but how? Jaspreet Singh is joining Tom for a second time to get you up to speed on what it takes to get wealthy during any recession. Jaspreet is the Minority Mindset guru and Chief Money Nerd at Minority Mindset Companies. He’s been creating financial education videos on YouTube for years and is breaking down all the reason you don’t have to be scared during a recession It’s all about assets and equity. The trick is that you have to know what assets to buy and how to chill long enough to allow equity to grow its way to wealth. Recessions create buying opportunities for people with capital or money that know what to buy to come out on top. Jaspreet is a voice of reason to remember that recessions are only bad or good in relation to which side of the equation you are on. This is a must watch if you’re trying to find the best route through a recession that has most people nervous and panicked. SHOW NOTES: 0:00 | Introduction to Jaspreet Singh 0:14 | Recession Opportunities That Build Wealth 23:15 | Smart Ways to Invest In Any Market 39:11 | The Mindset Trap Killing Your Wealth 48:52 | Only 3 Reasons to Save Money 1:00:49 | Building Wealth Feels Boring AF 1:17:02 | Equity Is the Name of the Game 1:28:32 | Investing Against Debt 1:43:23 | When to Use Tax Advisor 1:57:10 | 8 Financial Concepts Tom Learned Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.  This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, moreNew episodes delivered ad-freeExclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading listYou’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:⁠Legendary Mindset⁠: Mindset & Self-Improvement⁠Money Mindset⁠: Business & Finance⁠Relationship Theory:⁠ Relationships⁠Health Theory⁠: Mental & Physical Health⁠Power Ups:⁠ Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: ⁠https://apple.co/3PCvJaz⁠ Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : ⁠https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever realized that the very things that lead to success, purpose, and fulfillment are the things nearly everyone runs away from? Discomfort, hard work, uncomfortable situations and conversations, are the things that no one desires more of, and yet… The ability to build a wildly successful and scalable business is within reach for nearly everyone reading this, and yet through self-selection on the few will do what needs to be done to rise to the top. Of the few that rise to the top, even fewer will do so feeling fulfilled in their life. It takes much more than skills and relationships to be successful. It takes grit and determination to do the hard things. It requires you go through emotionally taxing, ego killing moments of failure, humility, and self-realization to become adaptable and become who you want to be. In this keynote, Tom reveals the hard facts of entrepreneurship and what it takes to be in the 1%. “If you’re only good in the beginning you lack grit.” After watching this it’s time for a hard self-talk and challenge to yourself. It’s time for a no B.S. approach of what will it take to build yourself into the person you desire to be. Don’t underestimate what you are capable of, stop thinking too small and get uncomfortable. “To those human beings who are of any concern to me I wish suffering, desolation, sickness, ill treatment, indignities - I wish that they should not remain unfamiliar with profound self-contempt, the torture of self-mistrust, the wretchedness of the vanquished: I have no pity for them, because I wish them the only thing that can prove today whether one is worth anything or not - that one endures.” -Nietzche SHOW NOTES: 0:00 | Introduction to The Journey Is the Win 0:22 | Entrepreneurs Survive Rock Bottom 9:12 | Connect to Purpose (Not Money) 16:41 | Develop Your Mindset First 24:16 | 6 Ways to Develop New Skills 37:13 | How to Develop Grit 46:16 | Identify Your Passion & Develop It 51:03 | Building a Scalable Business 1:01:29 | Value of Online Community 1:14:17 | Success Requires Clear Goals Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.  This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, moreNew episodes delivered ad-freeExclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading listYou’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:⁠Legendary Mindset⁠: Mindset & Self-Improvement⁠Money Mindset⁠: Business & Finance⁠Relationship Theory:⁠ Relationships⁠Health Theory⁠: Mental & Physical Health⁠Power Ups:⁠ Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: ⁠https://apple.co/3PCvJaz⁠ Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : ⁠https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s no doubt that the holidays can be an extremely stressful time for many people. Whether you’re dealing with loneliness and depression, family trauma, politically opinionated cousins, or staying disciplined with what you eat, there are a lot of landmines hidden among the holiday cheer. The good news is there are also highly effective tools and tricks that can help you navigate all of the potential difficulties that can crop up this time of year. By framing things in the right way, setting expectations for yourself and those around you, and looking for ways to find and deepen human connection, you can turn a potentially stressful time into one of the most beautiful times of the year. SHOW NOTES: 00:00 | Introduction 00:47 | Dealing with Loneliness 10:24 | Maintaining Discipline at Holiday Meals 18:40 | Navigate Emotional Storms in the Family 32:25 | Working Through the Holidays? 37:06 | Faking It With Family 44:10 | Fill Your Heart With Love Check out our sponsors: Indeed: Get a FREE $75 CREDIT to upgrade your job post at indeed.com/IMPACT Pique: Go to piquetea.com/impact and use code IMPACT at checkout to get 5% off sitewide + FREE SHIPPING when you purchase a pu’er bundle! Backcountry: Go to Backcountry.com/theory and enter promo code THEORY to get 15% OFF your first full-priced purchase. Blinkist: Go to ⁠https://blinkist.com/impact⁠ Try it FREE for 7 days and save 25% off your new subscription. InsideTracker: Get 25% off their entire store at insidetracker.com/impacttheory Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.  This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, moreNew episodes delivered ad-freeExclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading listYou’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:⁠Legendary Mindset⁠: Mindset & Self-Improvement⁠Money Mindset⁠: Business & Finance⁠Relationship Theory:⁠ Relationships⁠Health Theory⁠: Mental & Physical Health⁠Power Ups:⁠ Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: ⁠https://apple.co/3PCvJaz⁠ Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : ⁠https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices