Principle 5 - Living a Wealthy Life with Entrepreneur & Researcher, Dorine van der Wijk
Description
How can you live a wealthy life? Tom explores Principle 5: “Invest in yourself, not only material possessions. Spend your resources on experiences that provide a life-time return on investment.” Together with guest Dorine van der Wijk, an entrepreneur & researcher, they explore the different forms of wealth and how we can attain an abundance of life’s riches.
Selected Links
· Connect with Dorine van der Wijk
· Connect with Tom Marshall
Website | LinkedIn
· Dorine’s Article about her wealth research
· Tom’s Blog about he discovered communal wealth in Uganda
· Life Balance exercise
Show Notes
Tom’s personal story about why he created this principle. [01:40 ]
Challenges with the principle that are explored in this episode. [06:20 ]
Introducing Dorine. [06:52 ]
Why Dorine defines herself as a human being in progress. [07:55 ]
We are wrapped up in layers of society that hide our true selves. [08:45 ]
How Dorine discovered she was in “human doing” mode. [09:40 ]
“I had it all on paper, but it didn’t really make me happy”. [11:35 ]
Dorine explains her alternative forms of wealth. [12:30 ]
All forms of wealth must be in balance, in order to be happy. [13:45 ]
The importance we place on different forms of wealth is continuously changing, so we must keep reflecting. [15:15 ]
We need to first “be” to understand what actions we should “do”. [16:40 ]
Dorine’s advice for how people can transition from a “human doing” into a human being. [19:16 ]
Ask yourself: am I choosing to do this, or am I doing this because my external environment expects me to? [22:20 ]
How Dorine’s old colleagues reacted to her new lifestyle choices. [23:00 ]
Consciously choosing what we invest in shapes our lives. [24:15 ]
“I don’t want to be rich only in a bank account.” [25:35 ]
Why The Beatles got it right. [26:30 ]
Transacting from a place other than money creates the emotional benefits of giving and receiving. [27:35 ]
Capitalism captures only a tiny aspect of wealth. [29:55 ]
We cannot say we are rich if there’s so much poverty in the world. We’re connected to it, even if it’s on the other side of the globe. [31:55 ]
Why Dorine thinks people in the “East” are wealthier than those in the “West”. [33:10 ]
Until you’ve experienced monetary wealth, you don’t realise it won’t satisfy you. [34:55 ]
If we stop teaching monetary wealth as the definition of success, we can change it. [36:00 ]
As individuals, we can influence other’s perception of wealth with the way we talk about money. [37:20 ]
Dorine’s next steps with her research on wealth. [38:35 ]
Love yourself first and you can then give more to others. [40:45 ]
Monetary wealth is not wrong, but we must align it with what we want – not external validation. [42:30 ]
“I never regret a single thing I invested in my journey.” [43:25 ]
Tom’s reflection on Dorine’s story. [44:00 ]