Tim Guest - WWO Podcast Episode 34
WEALTH'S TRUE PURPOSE
Australia’s leading financial educator – Tim Guest – joins me on the show this week.
In demand speaker, philanthropist and financial commentator, I asked Tim on the show to share some wisdom on how he ‘retired’ at such an early age and whether it was actual wealth he sought… or something more.
Tim’s specific essay question was:
“Having started your first business at 19 and ‘retired’ a self-made multimillionaire at 27, it’s fair to say that many a success has been achieved along your journey. With all you have accomplished; Was it wealth that you truly sought? Why do you think most people act on the myth that success will bring happiness? And how do you advise people to decipher what truly matters?”
We spoke about the three attributes Tim learned at a young age that framed the language he used and the winning formula he applied to wealth creation. Tim also speaks on his experiences giving back, the simple inspirations in life as well as his dreams for creating his company Infinite Wealth.
Plenty of knowledge and stimulating conversation in this week’s episode.
Enjoy the Show.
00.00 : 02.59 – Introduction and Adverts
03.00 : 03.59 - WWO Intro
04.00 : 15.39 - Intro & Banter
15.40 : 19.23 - Integrity, a performance concept
19.24 : 24.14 - Environment Cleansing
24.15 : 27.39 - Commitment to Development is a necessity
27.40 : 32.24 - Control? Luck? Environment?
32.25 : 37.14 - Influential Factors to Success
37.15 : 42.14 - Life's Significant Events and the sense we make of it
42.15 : 47.50 - The Search
47.51 : 50.54 - Be aware of how you interpret
50.55 : 54.19 - The Happiness Question we ask ourselves.
54.20 : 1.05.17 - The Essay Question
1.05.18 : 1.12.13 - Inspiring Tim
1.12.14 : 1.15.14 - School Morning Mantra
1.15.15 : 1.18.44 - Oz' Takeaways
1.18.45 : 1.23.09 - Tim's Ambition
1.23.10 : 1.24.22 - Thank you & Wrap Up.
Working Paper as discussed from Harvard Business School: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1542759
IG: @timguest_au, @infinitewealth_au