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Lewis HowesLewis Howes

If You Want To Manifest SUCCESS & RICHES Into Your Life, WATCH THIS! | Ken Honda & Lewis Howes

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Ken HondaguestLewis Howeshost
Mar 23, 20221h 27mWatch on YouTube

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Transcript

  1. 0:00 – 1:04

    Why chasing a number won’t create security

    1. KH

      People say, "I need a million dollars." And I ask, my question is, "Why do you need the money?" And they say, "I want to feel secure." Forget about the money. Life doesn't go that way. Money comes after.

    2. LH

      I think you gotta have a dream. The School of Greatness. Really? [laughs] Yeah. Please welcome Lewis Howes. You, I've been watching some of your stuff and learning about you over the, over the last couple years since I found out about you. You've got this book called Happy Money: The Japanese Art of Making Peace with Your Money.

    3. KH

      Mm-hmm.

    4. LH

      Most people that I grew up with, especially here in America, and I think around the world-

    5. KH

      Mm-hmm

    6. LH

      ... don't feel any peace around money. They're afraid of money. They don't like to talk about it. They're scared of it when they have conversations. They, they're afraid when they have it. They're afraid when they lose it, when they spend it.

    7. KH

      [laughs]

    8. LH

      They're afraid to go in debt, but they have too much debt. I'm curious, why in the first place, is it possible for us to have peace around money? And if so, what do we need to start shifting in our minds to create that peace?

  2. 1:04 – 2:55

    Why money feels taboo in North America compared to Japan

    1. KH

      Yes. I, I noticed when I was in North America, I casually ask, uh, a, a, I thought a close friend of mine, you know, I, I became v- very close to him. So I ask him, "Uh, how much do you make a year?" Just casually. And I know I'd say something wrong, because he looked so shocked, like-

    2. LH

      [laughs]

    3. KH

      ... "You ask me that?" And I said, "Oh, oh, I, did I say something wrong?" [laughs] It's not so, uh, secretive in Japan that, uh, if you become close, you ask, you know, h- how much money you make to each other. But in North America, you don't even do it among, uh, close friends, right? It's sort of like a, a, something that you don't touch.

    4. LH

      Even family, families don't talk about it.

    5. KH

      Mm-hmm.

    6. LH

      Why is it more openly talked about in a peaceful way in Japan or other places?

    7. KH

      I think, uh, North American people tend to be, tend to tie how much they're worth or how much they make with their worth. Um, we also-

    8. LH

      Their self-worth.

    9. KH

      Yes, self-worth. We have different value system, like how many friends you have, are you married or not, uh, do you like your job? So say there are certain points, right? So, uh, money is one of them, but not the major part of it. But in North America, I think it's a cultural thing, and, and I'm not blaming it for, but I think, uh, people think, uh, how much they make, how much, uh, they're worth is it. You know, uh, you may be good-looking, but if you don't make much, like you're nothing. But if you make a lot of money, and if, even if you're a terrible person, you get to be, uh, respected. So I think it's a cultural thing, and it brings, seems to bring a lot of shame and pride from money-

    10. LH

      Yeah

    11. KH

      ... which I don't see it in s- uh, other cultures. So I think it's very unique to, uh, American culture.

  3. 2:55 – 5:22

    Redefining abundance: visible assets vs. invisible assets

    1. LH

      Interesting. What would you say is the secret, then, to creating abundance financially in your life when most people struggle or fail to do that?

    2. KH

      Mm-hmm. Yeah. So, um, I've been talking about this, um, over the past 20 years, and there are so many as- aspects of, uh, abundance. You know, uh, I call it vi- visible assets and, and invisible assets. So, uh, financial value is just, just a very short, um, small portion of your abundance. But, uh, uh, uh, that is not included in the package, I guess. So that's why we obsessed about making money, or we jump onto this investment ideas and, and that's in- interesting cultural phenomena.

    3. LH

      Gotcha. What would you say, so the invisible assets, would you say those are more important to learn about and master in order to create abundance over the, the visible assets?

    4. KH

      Once again, invisible assets, it's part of your life. So if I say, um, uh, like going on fishing with your friends is so much fun f- uh, for me, I'm not interested in doing much business. So, uh, by, uh, American standard, I become a loser, because, you know-

    5. LH

      [laughs]

    6. KH

      ... I'm, I'm, I'm going, enjoying fishing with bunch of my friends. But they could be all millionaires, you know, who retired early. But I think, uh, um, going for fishing, uh, with bunch of friends are not as respected as, uh, going on, like, a venture cap- you know, venture business and trying to make money or just, you know, to start a, a company with your visions. So I think it's a criteria. Uh, uh, do you focus on more relationships or peace of mind? And the peace of mind is, is in, uh, the most, uh, precious invisible assets. But a lot of people trade for money, and that's a sad thing. Um, all over the world, people do that. Uh, we think we have to do it to make, to bring food on the table, but is it really worth it to, um, uh, to trade with your peace of mind or y- with your integrity?

    7. LH

      Hmm.

    8. KH

      But unfortunately, many people do that.

  4. 5:22 – 9:20

    The “forget money” principle: choosing a life you can enjoy

    1. LH

      Is it possible to create peace of mind abundantly and also create profitable financial abundance at the same time?

    2. KH

      Yes, that's what I've been teaching, but, uh, you have to prioritize it, because, uh, all your questions come from, "At the end, I want to be rich."

    3. LH

      [laughs]

    4. KH

      So can you give up the idea of becoming, uh, rich? Because you have to let go of this idea of, uh, becoming wealthy financially. My mentor, um, who is called Warren Buffett of Japan, uh, he said, "If you want to learn a- a- about money from me, you have to forget about money." That was his first request. [laughs]

    5. LH

      Interesting.

    6. KH

      I go, "Oh, wait a second," you know? [laughs]

    7. LH

      You're like, "But how do I make more money?" [laughs]

    8. KH

      Yes. Uh, uh, so, "How can I, how can I learn about money if I forget about money?" So he said, "You're obsessed with money-making, uh, ideas. So unless you forget about money, I cannot teach you about money." So his teaching was very zen. So I might be confusing a lot of viewers at the moment, because I... uh, a lot of people always think, "Okay, Ken, that's great. And then, how can I make-"

    9. LH

      And then how do you make money? [laughs]

    10. KH

      So you have to forget it, at least for the next, uh, half an hour or so.

    11. LH

      When you forget it, what should you be focusing on instead?

    12. KH

      What is the most important thing in your life? And, and that could be your family, that could be your hobbies, that could be, uh, certain causes. And-

    13. LH

      Mm-hmm

    14. KH

      ... and if that's more important than money, you should go for it. And, uh, I can teach, uh, many ways to invite money in after, uh, you find what you do.

    15. LH

      Mm-hmm.

    16. KH

      But there are t- only two kinds of life in, uh, on this planet. Uh, kinda like, that you follow your heart, do what you enjoy. The other one is, uh, the life that you cannot enjoy. So a lot of people choose the path that you cannot enjoy, as long as they can make money. And then they think, "Okay, if I make enough money, I can retire and start doing what I want to do." But, uh, it doesn't happen that way. You'll be lucky if you can make mon- a lot of money and then retire, but because you lose a lot of moti- uh, motivation, you lose a lot of energy if you go take a path of making money. And then, uh, you cannot make money, and even if you're lucky and you, you made it, you don't know how to look for happiness, because you sacrifice all the sac- uh, happiness and your peace of mind for money. How can you change the attitude? It's, it's very difficult because, uh, a- all you think is, uh, uh, just, just a simple, uh, thing. You know, uh, efficiency. How can I cut cost? How can I increase-

    17. LH

      Mm-hmm

    18. KH

      ... my wealth? But think about, uh, it this way. Um, if you just make a lot of money outside, but if you come home, uh, do you always talk about cutting cost? You know, don't waste your time with your kids. Because all the fun time with kids are wasteful, you know? [laughs] Just, uh-

    19. LH

      [laughs] Right, right

    20. KH

      ... pull out, pull out all the tissue papers, that's a lot of waste. You know, um, making a, a pizza with your kids, it takes three hours or four hours.

    21. LH

      [laughs]

    22. KH

      If you're a business owner, hire somebody to do it for you.

    23. LH

      [laughs] Right, right. Order from delivery and it's gonna taste better. [laughs]

    24. KH

      Yes. Or like, a cooking something with the family takes three or four hours, you know, and making terrible pastas. It, they don't look good, [laughs] they don't taste good-

    25. LH

      Right

    26. KH

      ... but it's fun. So but oftentimes we, we tend to think, like, "Well, we should hire somebody. We, we should outsource it." But how much do you want to outsource? Because you're losing all the fun. So that is my point.

  5. 9:20 – 12:28

    Doing what you love isn’t enough—making sure money follows

    1. LH

      Hmm. So we should be forgetting about money initially for a moment, and thinking about what are the things we enjoy doing the most? What are the things that bring us the most fulfillment, the most peace of mind, the things that bring us alive? And, [clears throat] and just get, getting back to that place, as opposed to first obsessing over money first. Remove the obsession and focus on the enjoyment. What happens when we come from a place of enjoyment in life? Does money start to flow more effortlessly when we're being that way?

    2. KH

      It depends. Because if you're doing a volunteer work, um, money may not follow. So, uh, one of my national best sellers is, Do What You Love and Make Sure Money Follows You.

    3. LH

      Hmm.

    4. KH

      And that means there are so many starving artists, they do what they love, but that doesn't necessarily mean that they can make money.

    5. LH

      Right.

    6. KH

      So you have to make sure. It's two different things. But I think if you do what you love, definitely you become happier-

    7. LH

      Hmm

    8. KH

      ... and less stressed, and you'll be more attractive as a person. And that person, uh, has a better chance of making money if they choose to.

    9. LH

      Hmm.

    10. KH

      But just once again, forget about the money part, because, uh, making money is just, uh, I'd say, one of 14 fields in the, in life. Um, you know, your self-image or your sense of contribution, uh, you know, connectedness, uh, sense of, uh, being connected, uh, with nature is often forgotten in Western world. So there are many fields of happiness. So if you focus only one or two, business and money, you tend, you cannot see all the other 12, for example.

    11. LH

      Mm-hmm. And so, and what happens if we don't do the other 12 in our life? Are we missing out on something or is it gonna hurt?

    12. KH

      I think you just become a very boring business machine.

    13. LH

      Got it.

    14. KH

      Yeah. You just talk about money or business all the time. And then, uh, I, I have a few friends like that. Yeah, he's fun as long as we talk about business, but if he is, you know, if the topic goes onto, onto art, music, uh, or, like, life, he, he doesn't, uh, he suddenly becomes quiet because he has nothing. He has no art. He has no music. He has no girlfriend, so [laughs] you know-

    15. LH

      [laughs]

    16. KH

      ... no food. He doesn't, you know, he only eats just quick burgers and, uh, you know, energy bars.

    17. LH

      Mm-hmm. Just to have enough energy to go make more money. [laughs]

    18. KH

      Yeah. So I want to say there are so many, um, different fields than money. But we think that, uh, making money is the most important, and it's so sad because we are exchanging our life force energy- With salary. So, uh, it's almost like we're cutting piece of our, our, our body parts, and if we do that, you know, that's illegal. But if we just, uh, cut a, a piece of our life, which is time, somehow it's, it's okay. [laughs]

  6. 12:28 – 15:08

    Why we “attract” what we don’t want: clarity and healing

    1. LH

      Why, why do you think people are so bad at attracting things they want in general? Maybe not even just money, if we're freaking about that, but if they're wanting to attract a, a great relationship, great opportunities, great friends. Why do you think we're, in general, humans are bad at attracting what's really healthy and good for them?

    2. KH

      I think everybody's attracting what he or she wants, so I think, uh, the, the question should be, uh, why, uh, do we keep attracting what we don't want? [laughs] So, uh, because, uh, I think everybody's attracting what he or she truly wants. Uh, you know, uh, one of my students was, uh, attracting, um, bad guys. N- no money, no work, and terrible with, uh, uh, he, he always cheats.

    3. LH

      Mm-hmm.

    4. KH

      And, uh, she knows that, but she bumps into... I mean, she is a master of finding one bad guy-

    5. LH

      [laughs]

    6. KH

      ... out of a thousand good pe- guys, you know? Y- I'm sure there's so- someone like that in North America too. [laughs]

    7. LH

      Sure. Yeah

    8. KH

      So, uh, she is good at sensing, she's good at spotting, she's good at finding, uh, a bad person. So, in a sense, she is, uh, she is a master of attracting that person. So I think, uh, attract, uh, attracting what w- what we deserve or attracting, um, who we really want is, uh, uh, like f- clear- clarifying who we should, uh, attract is more important. So, but, but, you know, uh, that's how life goes.

    9. LH

      Yeah, so clarifying who we should attract as opposed to who we shouldn't be attracting, is that what you're saying?

    10. KH

      Mm-hmm. But unfortunately, uh, my friend's mechanism, psychologically, uh, she is not ready for good, honest-

    11. LH

      Mm

    12. KH

      ... person, because she gets excited when she gets abused in a certain way.

    13. LH

      Interesting.

    14. KH

      So it's a, a programming, so you have to really, uh, start healing yourself, otherwise-

    15. LH

      Mm

    16. KH

      ... you don't know what, what, uh, what to want. Uh, so I think the tragedy of this, um, planet is people are confused about what they want. So they're complaining about what they attracted, and at the same time, okay, this is life, so part of them are, uh, depressed and also given up. And somebody like-

    17. LH

      Mm

    18. KH

      ... very, very, very few people like yourself, Lewis, uh, um, know sort of like how to get out of this, uh, you know, box, you know? And then, uh, look at yourself like, "Oh, I was a battery," [laughs] and then stuff starts flying, right?

  7. 15:08 – 19:52

    Becoming “ready” for money: purpose, contribution, and curiosity

    1. LH

      Yeah. I'm curious, when I was, uh, younger in my career, I was b- I was broke. I was living on my sister's couch. I was making, I don't know, a couple hundred bucks a month maybe, um, in Ohio, in America. And I had a mentor that I was learning from and I was working for, and I was just kinda taking on every different job I could at this place, uh, to learn as many skills as possible. And, and after six months, I was trying to do my own thing on the side as well, and after six months, I remember saying to him, I was like, "Man, I, I feel like I could really use some money right now. I feel like I'm still struggling, and it's, it's no fun just being broke every ti- every day and relying on other people to help me financially. I could really use some money." And he said something to me I'll, I'll always remember. He said, "Money comes to you when you're ready for it." And I, and I was like, "I feel really ready, though. I feel like I'm ready to make some money," you know? [laughs] Like, "Bring it to me now. I, I, I need this." [laughs] And he said, "It'll come to you when you're ready for it." And it, it started to come maybe a year later, and then it started to really come the next couple years. And I look back at that always, and I think I wasn't ready at that time. I n- I wanted it, I needed it potentially, but I wasn't ready for it. How do we reprogram our minds to either heal or shift our perspective to be ready for the money, the relationship, the, the healthier opportunity for us?

    2. KH

      I think the question should be what do you need, why, and w- wh- why, what do you need the money for? Unless you're clear with what you wanna do, I think you will never be ready. Uh, I, I have, uh, uh, you know, young, young people, like your young per- you know, your young person back they, back then, say, "Ken, I wanna make $1 trillion." [laughs] "I wanna be a billionaire."

    3. LH

      For what? Yeah, yeah. [laughs]

    4. KH

      [laughs] Okay. When, and I say, uh, "What are gonna you, or what are gonna do with the money?" And he, he says, "I don't know." [laughs] And if you don't know, you don't need it. [laughs] And then-

    5. LH

      Mm

    6. KH

      ... uh, people say, "I need a million dollars." And I ask, my question is, "Why do you need the money?" And they say, "I want to feel secure." "So, uh, do you think one million would be enough?" And she or he would say, "Oh, three million, please." [laughs] And then life doesn't go that way. Money comes after what you give out to the world.

    7. LH

      Mm.

    8. KH

      It's just a reward, uh, uh, is, I'd say, to be precise, it's just a one portion of the, uh, prize or reward that you've given out so much to the society. So that's why my mentor said, "Forget about the money." You know, you have to focus on what you want to put out. So if you put out so much, ready or not, money will come.

    9. LH

      Mm-hmm.

    10. KH

      Just, just think about it. If you come up with a great app on iPhone, and then release it, uh, worldwide, uh, like it or not, ready or not, money will come flooding. So if you find, um, something that will, um- Change the way people live, or, uh, if you just, uh, if you can offer something to the world that people love enough to pay you, there will be money. So, uh, if you get stuck with a mind game, uh, you have to really look at the reality. Uh, otherwise, you have to get stuck, uh, in this place of, "I have low self-image. That's why I cannot make it."

    11. LH

      Mm-hmm.

    12. KH

      You know? Um, it doesn't really matter. You don't need confidence. You don't need a college degree or MBA. Uh, all you need is curiosity.

    13. LH

      Mm.

    14. KH

      "What if I become that? What if I, I have a million dollars? What would I do?" And if you're so excited about the way to spend your first million dollars, you will find, uh, the shortcut to the million dollars. But by the way, uh, the first million dollars you make, uh, you're gonna waste your money anyway, so- [laughs]

    15. LH

      [laughs]

    16. KH

      ... as you know. [laughs]

    17. LH

      Yeah.

    18. KH

      So, you know, the first million will be, uh, spent on something stupid, somebody takes it.

    19. LH

      Mm.

    20. KH

      That's, uh, uh, sort of like a membership fee.

    21. LH

      Mm, yeah, the price to admission. Yeah. [laughs]

    22. KH

      Wealthy per- people's club. So your first million will be lost anyway, and I've lo- uh, I've written a book on, on those. But, uh, but if you know, and if you have this mission and passion of how to spend your first mi- one or $10 million, you are on the right track because, uh, now the energy will, uh, support you.

  8. 19:52 – 25:36

    Happiness first, then wealth: avoiding lifestyle traps and “never enough”

    1. LH

      Mm. I had a friend, uh, going back to your point about, you know, how much money do you want, a million dollars? Well, actually, I'll take $3 million. I had a friend who sold a company for nine figures recently, and his equity got diluted over time, so he really only came home with maybe 15 or 18 million, which is still a lot of money, but it was a nine-figure business that he created and launched. And at the end of it, he spent a bunch of money on some big party with friends, and then he bought like a, you know, a boat or, you know, another house. And then he's like, "Oh, I've only got like, I don't know, seven or $8 million left. And then to live a lifestyle that I'm at now, this, this only lasts so long. You know, I can't keep living this way."

    2. KH

      Only a few years. [laughs]

    3. LH

      Yeah, it only lasts a few years, so it's like, so part of it is adjusting your lifestyle to figure out what you need and why you really need it and, and, and just being aware of that because, you know, one million turns into three, needing three million turns into needing 20 million, and it's never gonna feel enough, um, if you're living in a certain lifestyle. And so what should we be thinking about instead of like, "I wanna make a million dollars"? Should we be reframing that in a different way?

    4. KH

      First of all, you really have to figure out what you want in your life.

    5. LH

      Yeah.

    6. KH

      Do you want to, to, do you want to make it? Uh, do you want to be s- a success socially? But you could become... You could end up being a loser personally. [laughs]

    7. LH

      Mm-hmm.

    8. KH

      So do you want to be a h- a happy person, or do you want to be a wealthy person? Uh, you can take both, but, uh, uh, the way to happy and wealthy people only has an opening, uh, f- aim for happiness first.

    9. LH

      Mm, I love this because most people think, "Once I'm there, then I'll be happy, then I'll respect myself, then I'll get the attention I want." But what I'm hearing you say is the only way to happy and wealthy is through happiness first.

    10. KH

      Yes. And then if you're lucky, or if it's your destiny, I would say, you may be rewarded with money. But, you know, there are many lives that, um, necessarily money will follow, but you can still, uh, enjoy life and stay very happy. Because if you go after money, you, you could, uh, you're likely to lose everything, your peace of mind. And those people who, who put money first, uh, you- would your clients love that? You know, just, uh, um, think about two florists. By the way, I always carry, um, uh, flowers like this, you know, um, in front of me. So, um, there are two florists, for example, um, just nearby your house. One florist always think of the cost. Instead of 10 roses, I should, uh, I should give nine roses, you know? Uh, instead of good roses, maybe smaller ones so y- they can cut cost, right?

    11. LH

      Mm.

    12. KH

      The other florist always just bring in the best flowers and always take good care of it so they, it will last on, on their hou- houses. Where would you go, you know? So if you-

    13. LH

      Yeah

    14. KH

      ... are good at math and good at business, uh, uh, in the short term, they will lose long term.

    15. LH

      Mm.

    16. KH

      So people who love flowers, and then, uh, he or she can talk about the roses for hours, those people really care that, um, you, you just... They, they care about the roses, uh, on, uh, in your house. You know, uh, they're just praying their kids-

    17. LH

      Yes

    18. KH

      ... will stay longer, so, you know-

    19. LH

      [laughs]

    20. KH

      ... people can enjoy. And, you know-

    21. LH

      Yeah

    22. KH

      ... they're not... Uh, they might think about the cost, but the love of the flowers is bigger, you know, than the business. But those people are the ones that I think all the clients would, would go to. So eventually, they will succeed.

    23. LH

      Yeah. I love that. Do you think it's possible then, 'cause I heard you mention that, you know, some may not be your destiny. Do you think it's possible for anyone to achieve financial freedom if that's what they're looking for, and, and stay happy?

    24. KH

      Yes. Uh, theoretically, yes, but some people are not, uh, interested in money that much. I think you and I have this quest for truth, you know, quest for, uh, hunger for-

    25. LH

      Service

    26. KH

      ... uh, uh, service. So those people, uh, could become- ... financial success. But if you don't have the motivation, and if you're just a kind of person who just enjoys, uh, enjoys looking at the flowers all day without anything, I mean, those people, uh, may not a- achieve financial independence. But, uh, when I grab him, "Are you okay without, uh, uh, achieving financial success?" And he would say, "Oh, it's okay, as long as I, I can take, uh, you know, um, this time to look at roses all day." So-

    27. LH

      Right

    28. KH

      ... it's, I think it's, um, his or her business if he or she wants to achieve financial independence. Because, uh, think about it this way, uh, even if you don't achieve financial independence, if you have 20 wealthy friends who g- take good care of you because they love you, uh, do you think he or she needs to have a million dollars in a bank account?

    29. LH

      No.

    30. KH

      So, uh, if you become a lovable person and, uh, receives a certain respect, I think you're okay.

  9. 25:36 – 32:18

    The regrets of empire-building: time, family, and the “prime years”

    1. KH

      Yeah. So you don't nec- you don't have to, uh, achieve financial independence, but you need to, uh, really figure out what's most important for you right now. Otherwise, all your life is filled with preparation for, uh, financial success and business success, but your most precious time is in your 20s and 30s and 40s. Oh, by the way, uh, my, uh, national bestseller s- uh, series is, uh, 17 Things to Do in Your Teens and 20s and 30s. I sold about, uh, more than two million copies. So I interviewed-

    2. LH

      Wow

    3. KH

      ... people in their 20s, people in their 30s and f- 40s and 50s, and the, the common question I ask all, all, all the generations, "What w- what do you regret most that you didn't in your 40s?"

    4. LH

      Hmm.

    5. KH

      "And what, what, what are the thing, three things that you reg- regret most that you didn't do in your 60s?" You know, I grab, uh, people in their six- 70s and 80s. You know, uh, looking back, uh, so I'm in my 50s, so, like, I grab people in their six- 60s and 70s. "What would you-

    6. LH

      Yeah

    7. KH

      ... regret in, in your 50s?" And, uh, you know, people often talk about, uh, especially success of, uh, my older successful friends in their 70s, 80s, they have, like, a few public companies, and they, uh, they say, "I spent too much time and energy on business."

    8. LH

      Wow.

    9. KH

      Yeah. "I didn't have to build this empire, you know?"

    10. LH

      [laughs]

    11. KH

      "It's okay personally to have, uh, only 5% or 10% of the success I made, but I wish I was at the soccer game for my boys. You know, I wish-

    12. LH

      Hmm

    13. KH

      ... I spent more, uh, dinner, uh, date dinner with my wife. I wish I spent more time on concert hall, but I just missed those, uh, because of my business meetings. And I was, I think I was very addicted to making money, and I regret that I s- that I didn't spend much time, uh, traveling and chatting with friends, you know, talking nonsense, just laugh and over beer. Uh, I, I wish I, I could waste, go back and waste all my time." [laughs]

    14. LH

      Wow. Why do you think that there are so many people in the world that have this idea they wanna build an empire, but then later, I'm hearing you say a m- a majority of people are saying... And maybe there are some people in their 60s, 70s, and 80s that are, like, holding onto, they're really proud of the empire they built, and they don't regret anything. Maybe there's some people out there, but I'm hearing you say a lot of people wish they would take less of their empire for more time with people they cared about. Why is it so, why is it this thing that we think about building an empire?

    15. KH

      I think it's, uh, um, embedded in our h- human gene, I guess. You know, the Genghis Khan, uh, of, uh, 14th century, uh, 95% of the time he was in a battle. Uh, he ended up, he, uh, he built one of the biggest empires of the human history, but he ended up, uh, uh, he ended up dying in his, uh, temporary, uh, tent in the war.

    16. LH

      Hmm.

    17. KH

      So all the business tycoons could end up dying in a hotel room where they were going to sign the biggest contract ever. So, uh, once again, uh, what do you want to do in your life? You know, what do you, um, respect or cherish most? And if you don't, uh, respect that now, you cannot respect that in 10 years. And your precious life is only, I would say, uh, from 25 to 55.

    18. LH

      Hmm.

    19. KH

      And if you are 65, you can have a good time, but still I think a lot of events happen from age 25 to 55. And if you keep... Um, and that's working hours too, [laughs] so years. So if you just focus on, um, life, um, mostly on business, uh, you lose most of your fun time. So, um, if you're, um, too business-oriented, you really have to, uh, change the priorities of life. Otherwise, you're gonna re- regret in 20 years.

    20. LH

      Yeah. I'm a big believer that, you mentioned charity work, that it may be if people are focused on, uh, charity where they're not focused on the money as much, then they may not build as much wealth for themselves. Uh, uh, let me know what you think about this thought. I'm a big believer that the amount of money we make is directly related to the amount of value we bring to others or to the marketplace or to the world, and our abili- and our ability to position and package ... that value in order to receive money. Would you, would you agree or add or, or take anything from that?

    21. KH

      I, I agree with you 100%.

    22. LH

      Yeah.

    23. KH

      So, but, uh, that's only, uh, as long as you're calculating to financial value.

    24. LH

      Yeah.

    25. KH

      You know, there are certain things, like say a kindergarten, uh, teacher-

    26. LH

      Mm-hmm

    27. KH

      ... who spends, uh, he or he-

    28. LH

      Yep

    29. KH

      ... she spends all her passion, all his passion into, uh, kids in front of hi- him or her, and he or she is adding great value, but only-

    30. LH

      Absolutely

  10. 32:18 – 34:11

    Comparison and social media: jealousy vs. inspiration

    1. LH

      What happens when we compare ourselves to people on social media who seem to have all this wealth or financial abundance, or to our friends or peers or people at work who are maybe making more or less than us? What happens to us personally when we compare our, when we compare our, our financial situation with others?

    2. KH

      So I, uh, jokingly advise people, "If you wanna be happy, stay away from, uh, Facebook, because [laughs] -

    3. LH

      [laughs]

    4. KH

      ... it's likely to make you feel miserable-

    5. LH

      Yeah

    6. KH

      ... if you're not ready." Uh, if you h- if you don't have, uh, you know, a good mentality, Facebook is a killer for your happiness, because there's always somebody out there somehow who is eating at, at the better restaurant, who is dating a, a, a better-looking person, you know, both guys and, [laughs] and woman.

    7. LH

      Mm-hmm.

    8. KH

      And also who is, uh, uh, buying a, a bigger house, a nicer house than we d- live in, nicer clothes, you know. So, uh, and they're having a better vacation somewhere outside, exotic. So there are always somebody better, somebody, uh, who is, is worth more. But if you start comparing, uh, your friends and others with you, that is a, a shortcut, uh, to unhappiness. So if y- if you use Facebook to congratulate your friends and figure out what's possible for you, I think Facebook is a gem, you know, because you can see, uh, uh, people's houses. "I want that. Congrat- congratulations for you. Oh, I'm so happy that you find him," you know? If you mentality is like that, I think Facebook is a great place to be. But if-

    9. LH

      Yeah

    10. KH

      ... you just feel jealous or you're competitive, I think it's an such an exhausting place.

    11. LH

      [laughs]

  11. 34:11 – 38:46

    Healing financial wounds: reframing debt as trust

    1. LH

      And I mentioned this, uh, briefly, but I wanted to dive in a little deeper about this, about kind of healing your financial wounds. If, if, if we have a, you know, a wound financially, or we're in debt, and we're ashamed of it, and we're not able to get out of that debt, how would you say we start the process of healing our financial identity or wounds that hold us back from financial abundance?

    2. KH

      Uh-huh. Lewis, thank you. That's a very good question. Uh, oftentimes, money can bring the worst and the best, uh, uh, emotions out of you. Uh, negative emotions could be anger, frustration, resentment, and the good, uh, positive, uh, emotions could be, like, love and happiness. And w- if you're in debt, uh, money only pulls out [laughs] bad, negative emotions such as shame, guilt, frustration. But it's because you look at money, uh, uh, debt, uh, almost like a punishment or a curse.

    3. LH

      Oh.

    4. KH

      But I always advise people who are in debt, uh, to turn that, uh, view, uh, differently. So I would say, you know, um, like five years ago, 10 years ago, you borrowed the money from the bank or friends. That means they trusted you. They trusted your earning ability so you can pay back. So debt is not a curse or burden, it's a trust placed on you. You know, a, a p- totally stranger bank, they knew, they figured out you'll be able to pay back. Isn't that great news?

    5. LH

      Yeah.

    6. KH

      Yeah. If you cannot trust that, "I don't know if I can pay back," they did. So that means they have a, a better trust than you, so you can thank them for trusting you. So if, uh... it's like your parents or grandparents who believe in you more than you do [laughs] yourself.

    7. LH

      Sure. [laughs]

    8. KH

      So those financial institutions are like mentors and supporters. So, uh, you can, uh, I think, pay back, uh, their, uh, trust every, every month. So interest is, uh, uh, a form of appreciation from you. "Thank you-

    9. LH

      Mm-hmm

    10. KH

      ... for trusting me."

    11. LH

      Mm-hmm.

    12. KH

      So every time when you think of debt, instead of feeling, "Ugh, I'm burdened, I'm chained," you know, like a slave, just think of it this way, you know, you have such a trust and love from a s- total stranger, your ability to pay back. So, uh, you just imagine, uh, a few bankers' faces and just say, "Thank you so much for trusting me. Thank you so-"

    13. LH

      Mm

    14. KH

      ... much for believing in, in my paying-back abilities. So to appreciate, to, to answer, uh, to respond to your, uh, trust and love, I'll make sure to pay back every time, and to show my, uh, appreciation, I pay you back the interest.

    15. LH

      Mm.

    16. KH

      So, thank you. Uh, every time you, you take, see a bill, instead of looking at it, oh, no, uh, like a curse [laughs] or a death sentence, you know, you can say, "Oh, thank you. Mm, I love you."

    17. LH

      [laughs]

    18. KH

      So you can turn it around.

    19. LH

      Yeah. Was there ever a time in your life where you struggled with money?

    20. KH

      Actually, to be honest, I have been lucky, uh, to be able to, uh, live my life without struggling with money. My father taught me well in my early teens and 20s, so I actually never borrowed anybody from, from anything. I borrowed $10 from a friend in college, but that's about the, the only, uh, cash I needed. I bought my real estates in cash, uh-

    21. LH

      Mm

    22. KH

      ... bought cars, cars in cash. Uh, so I didn't wanna build an empire, so I, I, I'm not a billionaire, but I have enough financial resources, uh, uh, so I can f- uh, actually live freely. But I never, um, borrowed any money, or I've never been in a financial situation that I, uh, needed to, um, struggle. Uh, because, uh, I had always great people, great friends who helped me with money, investing, and with-

    23. LH

      Really?

    24. KH

      ... trust. Yeah.

    25. LH

      Wow.

    26. KH

      So I'm, I'm, I'm one of the lucky ones. So in that sense, I cannot really teach people how to get out of a ba- bad place, where many financial experts say, "I had only $2 in my bank account, and now look at me," you know? [laughs] I have been, uh, fairly wealthy all my life-

    27. LH

      Mm

    28. KH

      ... that way.

  12. 38:46 – 48:47

    “Arigatou your money”: gratitude when money arrives and when it leaves

    1. LH

      Gotcha. And what was another lesson that your mentor told you after he said, "Forget about money"? What was the next few lessons that really inspired you?

    2. KH

      I think arigatou, arigatou your money is a word he's, he, he used. So what can I do? You know, I wanted to know the, uh, stock tips. Okay, buy Apple-

    3. LH

      Mm

    4. KH

      ... [laughs] or buy Sony or whatever that is. And, uh, he, he said, "Arigatou your money," and that is a shortcut to, uh, financial independence. [laughs] And arigatou your money, and then that's it. You know, my turn is gone, and there are like, oh, 100 other people, uh, wanting to ask him questions. You know, if you're with Warren Buffett, you cannot, you know, [laughs] get his attention more than two minutes.

    5. LH

      Sure.

    6. KH

      So I figure, I try to figure out arigatou your money, and, uh, I just looked at everywhere, but there's no, n- no- nothing about thank your money. And then I became a student of Wahei, uh, personally, so I could spend hours, I spent hours with him afterwards, so I could really get to ask him about the meaning of, uh, thanking your money. He said, uh, "When money comes in, say arigatou or thank you to money. And when you pay money, when money leaves your life, once again, say arigatou to your money. You bow to your money, and then, uh, really thank the money for staying with you."

    7. LH

      Mm.

    8. KH

      "Even though it's a short visit, thank you for staying. So money will love that, and then at night, money will just start to chatter, 'Ken is a good place. You should go.'"

    9. LH

      [laughs] I like that.

    10. KH

      And then money will come back. So I, I couldn't really figure out Wahei was joking or not, but I think he sound serious. So his secret is thanking your money. And I ask him why. He said, "Human mind can only focus one thing at a time. So if you focus on thanking your money, appreciate, appreciating your money, money appreciates." So his teaching is very zen. So once you think subconsciously, "Money is great. Money is fun. Money is lovable," and then you will become a magnet to money.

    11. LH

      Mm.

    12. KH

      But if you just go for money, uh, money will run away from you. It's like, uh, dating. You know, if you just try to get girls or boys, they run away, but if you don't, they will come to you.

    13. LH

      Sure. I love this approach, and this is something I've been doing for years, actually. I can't remember if I learned this somewhere or if I just saw someone talking about this. When I see payments come through in my email or my bank or wherever they come through, I say, "Thank you." I say thank you every time, whether it's a dollar or, you know, a big check. I'm like, "Thank you, thank you. I really appreciate it." I don't s- I don't say thank you when I'm paying something. W- why? And I'm, I wanna try this, 'cause I think it's an interesting approach. Why should we also say thank you when we're sending out money, uh, to others?

    14. KH

      Because, uh, if you get a, if you get a bill, that means you, somebody did something for you. For example, if it's an electricity bill, you know, because of, uh, the electricity company, um, I can use the internet, I can use the lighting and microphone and computer. And it's not only one man job. Uh, there is this, uh, service person, there's this, uh, people who are at the power plants, uh, and also there is somebody who just brought, uh, oil to Japan from Middle East. And, and there are, I don't know, thousands of people, uh, working for the electricity, and they make sure that it's, uh, in my house installed properly.

    15. LH

      Mm.

    16. KH

      So there are millions of, uh, um, uh, reasons to appreciate the electricity. And if it's, uh, say if it's, uh, if it's $300 or $500 or, uh, maybe sh- uh, smaller or bigger, wow, you know If I'm asked to, uh, install somebody's house with that electricity, I, I cannot do that with this money. So thank you for just giving me, uh, the electricity. Thank, thank you for giving me water.

    17. LH

      Mm.

    18. KH

      Thank you for, uh, serving me good meal at the restaurant. Thank you for giving me a ride, like Uber. So you can thank the person who gave you the service and product. So the, the reason you, you have to pay, you're getting something in, in exchange, and usually takes more than one or two or could be 100 people's work. And then-

    19. LH

      Yeah

    20. KH

      ... uh, you ask the money. Thank them, too. So that means the, the money you give to the electricity company will be paid to all the people.

    21. LH

      Wow.

    22. KH

      So, like, I can... It's like a magic wand. E- even if it's $100, this magic wand can s- uh, will start saying thank you, thank you, thank you, guys. [laughs] And so, you know, it'll just, uh, thank... It, it's like a domino effect- effect of, uh, thank you. So it's not just-

    23. LH

      Yeah

    24. KH

      ... thanking your money, thanking the people who are connected with me. So, uh, we are all living on this planet together, so if we have this feeling, everybody's feeling this way, we're all connected. We're all connected with, uh, people in the Middle East, we're all connected with the people in Russia, Africa, China, US. Uh, like it or not, we're all connected. So do we hate each other or do we appreciate one another? So if we start doing more, there will be, uh, no exploitation of any kind. That's the economy I want to see in the coming years.

    25. LH

      Yeah. It's such a, uh, simple philosophy and practice that I think if we can all start to do it a little more with money and with everything, the people that we see are friends, thanking them when they're coming, thanking them when they're leaving, for their time, their attention. My girlfriend does this with our meals every time we eat together. She's really thank- she puts a lot of time and attention thanking the people that just made this, the people that delivered the food to the restaurant, the people who harvested the food. You know, and all the people. And it's not something I did until about a year ago with food, and it's something that I've sh- I've noticed my digestive system relaxing, like me just taking in the moment and, and feeling a better sense of joy and happiness while eating food, as opposed to just eating protein bars to get to the next thing. Um, but really appreciating it. And I think when we appreciate things, when, which I'm hearing you say, when you appreciate money, when it comes, when it goes, when you appreciate food, when you appreciate your home, your family, your friends, those things will appreciate in value and they'll wanna come to you more. Is that what I'm hearing you say?

    26. KH

      Yes, exactly. And, and, uh, Lewis, you know what I, what I've been talking about, and you've been practicing it without knowing maybe. But, uh, I think you've been doing it as a natural person. You know, there are a certain thing like a natural business person, natural artist, so you're one of the natural people who, who just f- uh, appreciate things. You know-

    27. LH

      I do, yeah

    28. KH

      ... that's why you're successful and people love you. And, uh, so if you want to be like, uh, if, if, if, if the viewers like, uh, want to be like Lewis, you have to learn what he's doing, you know? [laughs] So it's not just, uh, uh, small habits, but I think the attitude, um-

    29. LH

      Mm

    30. KH

      ... uh, toward life. And somehow, um, there are the only two kinds, you know. One, one kind is, uh, uh, people who k- keep appreciating. The other one keep, um, complaining about it. So if you just, uh, you know... It could be s- something very small, but after 20 years, your life will be very different. So I hope-

  13. 48:47 – 56:01

    If you lost everything: asking for help, radical trust, and “total surrender”

    1. LH

      Sure. Sure. What would you... You said you've been financially, you know- Uh, free or stable your entire life. You haven't had, like, a, an issue with it personally. You never had to really face that. Let's put a hypothetical scenario out there, and I'm sure people have asked you this before. But if for whatever reason you, you didn't have any money, it was gone, you know, you didn't have your businesses, you didn't have any money, you didn't have any savings, for whatever reason in this hypothetical world, it was gone. Eh, what would be your next three moves in order to just get back to a, a stable financial place for yourself?

    2. KH

      I just ask my friends, "Hi, hi, this is Ken."

    3. LH

      Like, "Can I have some money?" [laughs]

    4. KH

      "I lost everything. Can you wire me money?" You know, I, I don't need to borrow. I just want my friends to give it to me. So, uh, you don't have to, you know, just, uh, uh, feel burdened, but what, how much is fun for you? Just wire it to me. My account is this. And then I just pray. [laughs] And we'll see.

    5. LH

      So you would ask them f- just for, for money without actually having to pay it back, is what you're saying.

    6. KH

      Yeah. Uh, "Thank you. Can you send me happy money, please?" [laughs] And then I'll probably do the same thing with my, uh, readers and, and viewers. Uh-

    7. LH

      Wow

    8. KH

      ... I have a, you know, I've sold 8 million, uh, books and my, uh, podcast has, uh, 50 million downloads. And, uh, I personally have heard so many fun, great stories how they achieve financial independence. So this is a time, okay, my friends, you know, you can pay me back now. [laughs] I'm in need.

    9. LH

      Sure.

    10. KH

      So if they feel like, uh, sending me a, $1 or $2, any dollars would be fine, you know. I will do-

    11. LH

      Wow

    12. KH

      ... a thank you thank you live, you know, uh, in two months. So [laughs] please start wiring money now. [laughs]

    13. LH

      I like that. Let's see how it goes. Okay, that's step one. What would be the, what would be the next thing you would do? I like the approach. Just, sometimes, sometimes just asking for what we want is what we need to start with. Just saying, "Hey, can someone, can you give me $500? Can you give me $10,000? Can you give me this?" Are you open to it? People, maybe a lot of people say no, uh, and, and that's okay as well, but just asking for what you want-

    14. KH

      Yes

    15. LH

      ... is, is a good first step. Okay, what else would you do?

    16. KH

      So, um, by the way, I wouldn't do something like crowdfunding, like if you just, you know, uh, pay me $100-

    17. LH

      Right. Yeah

    18. KH

      ... I'll do this. I, that's a give and take. So what I would say is like, "Hi, guys. Please wire me some money." That's for one thing, right? The other thing is, like, I'll ask my friends, uh, who has, um, a extra, uh, guest room or ex- extra house, and I, I will ask them if I could, uh, use your extra room or extra house. And then, um, I'll ask them how, how long, and can I use your chauffeur and the housemaids [laughs] there, and then-

    19. LH

      [laughs]

    20. KH

      ... and can I buy the foods, you know, on your account? [laughs] And so I'll just make sure. And then I'll just stay there, uh, and, or stay with my friends. And, uh, I'll just ask my friends, "What do you think I should do?"

    21. LH

      Mm-hmm.

    22. KH

      And then they'll give me, uh, advice, and I'll just, um, I'll do that myself. Uh, I'll, I'll do that, uh, tour for questionnaire tour.

    23. LH

      Mm-hmm.

    24. KH

      What should Ken do for the rest of his life tour. So I can even make it open to public. Uh, if you let Ken, uh, Ken stay overnight and just tell him what he should do, uh, you have to give him food and shelter. [laughs] Anybody's welcome. Here is a link. [laughs] So I w- I, I'm kind of curious how many people would just sign up for that.

    25. LH

      Hmm.

    26. KH

      So I'll stay over th- there for a night, and then I just listen, you know, uh, um, without any advice. If they want advice, I'm happy to give one, but my, I, I only need only one bed one night and also nice food. And I don't drink, uh, alcohol, so just, uh, orange juice or just water it'll be fine. And if, if they want me to, um, say something, I'm happy to talk. So let's see. So I have many creative ideas, uh, that people want me to do.

    27. LH

      Mm-hmm.

    28. KH

      So the reason I'm not afraid of money or I'm not losing everything is that, um, even if I lose everything, my friends will never let me down. Uh-

    29. LH

      Hmm

    30. KH

      ... and then, um, I, at least I, I can count on 20 or 30 friends who would probably give me, uh, an extra million dollars, you know, for me to get going because-

  14. 56:01 – 1:27:51

    Happy money in practice: stories, morning habits, relationships, and investing with virtue

    1. LH

      Do you, have you seen any situation, with all the people you've helped and inspired and spoken with over the years, have you seen any situation where money buys happiness?

    2. KH

      Lewis, you're asking me so many great questions I had never even thought of, so [laughs] thank you for just, uh-

    3. LH

      Of course

    4. KH

      ... making me so creative. Yes, so I have seen so many happy stories and sad stories around money because without asking, these people come to me, "Ken, do you have a minute? You know, amazing thing happened to me." So I have all the weird and strange stories that people would not believe it. So maybe I'll, um, I'll come up with a 50 amazing stories, you know, uh, like my mentor, uh, Jack Canfield's Chicken Soup series, you know?

    5. LH

      Mm-hmm. He's great.

    6. KH

      Money, uh, money stories are so fascinating, so, uh, a lot of happy money stories. So one time, for example, uh, who was my student who lost everything, uh, and then he, he, uh, no, she found out, uh, that she had cancer. She got fired, and then, uh, uh, her husband was cheating on, on, on her, and then-

    7. LH

      Ooh

    8. KH

      ... uh, he left. So she, suddenly she's, she doesn't have a home. She doesn't have health. She doesn't have money. So she stayed with her best friend for a while, and then I just give my seminar for free, uh, like 10% of the seats are free. Uh, so, uh, I'm, I give it to financially challenged people now. So she, I think she was one of the, uh, you know, uh, pay, paid forward seats, and then she really got inspired. And so she said, "Within a year, I'll manifest, uh, like a jewelry designing. I'll manifest a jewelry designer job, and also I'll find ind- find independence, and I'll fi- find my partner, uh, better one than the last one in a year." And I said, "A year? Maybe three years," you know. She said, "No, no, a year."

    9. LH

      [laughs]

    10. KH

      And, uh, [laughs] after about that, she came back again, and then, then she said, "You know, Ken, what, uh, what happened?" Uh, she was proposed by a owner of the jewelry store, and then he's, you know, he has some money, you know. He's de- dealing with jewelry, and, uh, he's such a sweet person. Uh, his wife died a few years before, so he's a very sincere person. So she got the money, the, uh, you know, uh, the love of her life, and then he asked her, uh, "I don't know if you like working, but I want you to be part of this designing division." [laughs]

    11. LH

      Ooh.

    12. KH

      And then she got everything. So life is, uh, giving you, uh, full of surprises if you are ready to receive.

    13. LH

      Wow, that's beautiful. I'm curious about morning routine of millionaires and those that create financial abundance, what they do in their morning routine to help them attract more abundance, and I have a feeling that you're gonna talk a lot about doing the things you enjoy that bring you more happiness and fulfillment in the morning so that you can be energetically a magnet for more opportunities during the day. But what would you say are some of the habits of happy millionaires, where they're happy, healthy, living a rich, full life, but they're also able to create financial abundance?

    14. KH

      For me, personally, I always start thinking of fun things, uh, that are going to unfold during the day.

    15. LH

      Ooh.

    16. KH

      Like this morning, I woke up fi- 5:00 and start thinking, "Oh, you know, I'm, uh, I'm on Lewis' show. Thank him" You know, I'm, I'm, I'm thanking you in, in my imagination. "Thank you, Lewis, for inviting me. I can't wait to see." And, uh, I have another interview right after this. It's a Japanese interview, and I'm very, uh, so happy to do that, and also, uh, another meeting with, uh, uh, my editor. I'm finishing another book, so that-

    17. LH

      Wow

    18. KH

      ... will be fun, and then a few other things, but so I just start, uh, sort of like, uh, rehearsing, uh, my, my day and then, uh, imagine, uh, people that I touch, I'm, I'm going to touch through you, Lewis.

    19. LH

      Mm.

    20. KH

      Especially with you, I'm going to touch many people's heart with this, so I really appreciate you for giving me this opportunity, uh, to be able to connect with your friends and viewers, your fans.

    21. LH

      Absolutely.

    22. KH

      It's such a great honor, so, uh, I feel so overwhelmed by the appreciation and, uh, and wow, this, l- think of this ripple effect. If 10,000 people really get it and then start treating them more nicely- Their family members start saying thank you five times more than they did, what's going to happen? So I cannot, uh, you know, stop this excitement. So when I am full of excitement, I gotta get out of my bed [laughs] and then start my day.

    23. LH

      Sure. So that's something you do. You really think about thanking the experiences that were coming, appreciation in the morning. Do you do anything else for yourself personally, or have you heard of any other routines or habits of people that, what they do in the morning?

    24. KH

      Yes, Lewis, we're the same minds because I always ask the same question to o-

    25. LH

      [laughs]

    26. KH

      ... other people, you know? I can w- I can write a book for, for you, you know? Uh-

    27. LH

      Yeah, yeah

    28. KH

      ... morning habits of Japanese millionaires, right?

    29. LH

      I like that. Well, I wrote a, I wrote, I wrote a, I wrote a little mini book called The Millionaire Morning, which is, which is the habits and routines, but I'm always curious if there's other stuff in different parts of the world that people do to, to bring in wealth and, and abundance.

    30. KH

      Yeah, so a lot of Japanese millionaires, they have a little shrine in their homes. So, uh, it, it, it's a mini- miniature design of a, a house. I have it in, in my, uh, pr- private office. And they always pray, uh-

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