The 5 Types of Wealth
Read Aug'25-Nov'25
Designing Your Dream Life
- I had to define the right game, the one that would actually lead to the life I wanted.
Chapter 2: The Five Types of Wealth
- Social Wealth is defined by a few deep, meaningful, healthy relationships.
- Financial Wealth is built upon growing income, managing expenses, and investing the difference in long-term assets that compound meaningfully over time.
- When you measure the right thing, you take the right actions and create the best outcomes.
Chapter 4: The Life Razor
- The simplest explanation is the best one. Simple is beautiful.
- Anything asserted without evidence can also be dismissed without.
- Strong signal through action, not words.
- I take care of myself physically and mentally so that I can take care of others.
- I do one good deed each day (and never tell anyone about it).
Chapter 5: Your True North
- Systems are the daily actions that create forward progress.
- High-leverage systems are the daily actions that create amplified, asymmetric forward progress.
- When they’re on, they deploy their energy in a concentrated, glorious burst.
Time Wealth
- Prioritize the depth of friendships that should come with age.
- Avoid bought-status games and focus on playing earned-status games, because the prizes are much more fulfilling.
- Genius, defined as the range of pursuits where you have excellent competency and high interest or passion.
- Focus on the highest-leverage opportunities.
- Be a loud listener. After you ask questions, lean in and show your focus and presence with body language, facial expressions, and sounds.
- Engineer small wins (they become big wins over time).
- Choosing the right pursuits is a direct path to a more purpose-filled, fulfilling, productive, and successful life.
- Mastering the art and science of conversation will pay off professionally but, more important, personally, as it leads to the meaningful connections that provide new texture and richness to life.