Your Ego Is Keeping You Poor | Bill Perkins

Jan 29, 2025 48 min

About this episode

🚀 Main Street Over Wall Street is where the real deals get done. Join top investors, founders, and operators for three days of powerful connection, sharp strategy, and big opportunities — live in Austin, Nov 2–4. https://contrarianthinking.biz/msows-bigdeal In this episode, Codie Sanchez and Bill Perkins explore the intricate relationship between ego and wealth LIVE, emphasizing how our ego can hinder financial success. They discuss the importance of speed in decision-making and how taking risks is often more about managing ego than financial loss. They delve into team dynamics, highlighting the roles of visionaries and executors in business. Perkins shares insights on maximizing time and money, the necessity of aligning family goals with business ambitions, and the challenges of delegation and the importance of finding the right operators in business ventures. Want help scaling your business to $1M in monthly revenue? ⁠Click here⁠ to connect with my consulting team. Chapters 00:00: Ego and Wealth: The Hidden Connection 02:50: The Importance of Speed in Decision Making 06:11: Risk: Ego vs. Financial Reality 09:04: Building Teams: The Role of Visionaries and Executors 11:52: Peak Utility of Time and Money 15:08: Aligning Family and Business Goals 17:54: Navigating Business Opportunities 23:57: The Depth of Personal Investment 24:57: Defining Personal Success and Fulfillment 25:56: Balancing Wealth and Life Experiences 27:46: The Importance of Shared Experiences 29:59: The Role of Wealth in Enjoying Life 31:11: Evolving Philosophies on Wealth and Fulfillment 32:10: The Power of Subtraction in Life 34:02: Finding and Managing Operators 36:10: Balancing Ego and Delegation 38:20: Taking Risks and Going Big 41:12: Memorable Investments and Experiences 44:01: Identifying Key Ingredients in People MORE FROM BIGDEAL: 🎥 ⁠YouTube⁠ 📸 ⁠Instagram⁠ 📽️ ⁠TikTok⁠ MORE FROM CODIE SANCHEZ: 🎥 ⁠YouTube⁠ 📸 ⁠Instagram⁠ 📽️ ⁠TikTok⁠ OTHER THINGS WE DO: 🫂 ⁠Our community⁠ 📰 ⁠Free newsletter⁠ 🏦 ⁠Biz buying course⁠ 🏠 ⁠Resibrands⁠ 💰 ⁠CT Capital⁠ 🏙️ ⁠Main St Hold Co⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

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