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The School of Greatness

5 Mindset Shifts to Unlock Financial Abundance | Lewis Howes

10 Dec 2025

Transcription

Chapter 1: What mindset shifts can unlock financial abundance?

0.031 - 22.474 Lewis Howes

If you believe rich people are greedy or that money is bad, then your subconscious mind will push prosperity away from you because you don't want to become something that you dislike. My name is Lewis Howes. Thank you so much for being here. And I want to take you back for a moment. 17 years ago, I was sleeping on my sister's couch. And this is where it all kind of began for me.

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22.815 - 41.556 Lewis Howes

I slept on her couch for about a year and a half. And I remember waking up during that season of life feeling completely lost. I was broken physically. I was financially broken. I felt unworthy. And honestly, I just felt really scared because I was scared that I'd never figure out who I was supposed to become.

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42.277 - 62.522 Lewis Howes

I was afraid and scared that I'd never create the life that I was dreaming about, scared that maybe I didn't deserve more. And back then I thought that money was the thing that I was missing. I thought that was the answer for me. But what I've learned since then is that it wasn't the money. It was the mindset that creates money.

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The beliefs, the patterns, the emotional relationship that we all have with money, whether we realize it or not. That's what I was missing. And on this show, I've had the privilege of sitting across from some of the world's greatest financial thinkers, money attractors,

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and mindset masters people who have built extraordinary wealth but also extraordinary peace fulfillment joy and love in their life as well and today i want to share some of those lessons with you and this isn't just theory it's not just hype but it's real practical heart-centered wisdom that helped me go from being broke on my sister's couch for over a year and a half

105.854 - 124.256 Lewis Howes

with no clue what I was gonna do, to building a multi-million dollar business, to having 20 million followers all across platforms for the School of Greatness show, and to creating financial freedom and financial confidence in my life. And I wish I knew what I'm about to share with you right now.

124.797 - 146.01 Lewis Howes

And these are some of the things I've learned over the years from great mentors and teachers that I've interviewed. Because these ideas aren't just for the wealthy. They're not just for entrepreneurs. They're not just for the lucky few. They're for anyone who's ready to change their money story and step into a more abundant future. And I hope that person is you.

146.051 - 173.927 Lewis Howes

And if you feel ready to step into a more abundant future, then make sure to leave a comment below and let me know that you are. And let's go ahead and dive into this. There are five key shifts that you need to start making in your mindset first in order to unlock financial abundance in your life. In this first mindset shift is that money requires systems, not accidents.

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And back when I was struggling financially, broke on my sister's couch, I just kept hoping things would just work out. But money doesn't respond to hope. It responds to structure.

Chapter 2: How does childhood influence our beliefs about money?

650.191 - 671.659 Lewis Howes

about healing your money wounds. It's deeper than dollars. Most people think money problems start in adulthood. I'm trying to find a job and I can't find the right person. I'm not getting a raise. The money I invested, I lost. They think these things start now in adulthood, but actually they start in childhood. And this is an important distinction here.

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So I think you have to think back, look back on your relationship with money since you're five or six. We wake up to the reality of the world when we're around five, six, seven. I used to be a volunteer at my daughter's kindergarten. And I asked one of the boys at the kindergarten, and what are you going to get for Christmas? And he said, no, Santa Claus is not coming.

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And I thought, oh, why is that? And he said, because my parents are poor. Interesting. Oh, really? Who told you that? And he said, my mom. Wow. So like we are waking up to the reality when we are small. And then since then, we've had so many negative messages around money. So I have a fun collection of saying when I visited Europe a few weeks ago,

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There's all the things that we are told since we are five or six, money, they don't grow on trees in America, right? If you don't have money, you don't have a head. You know, that's a scary thing. So all those phrases keep telling us that money is not a happy thing. But when you start thinking, you must have some fun memories too around money.

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You know, a certain gift that you're so happy to receive and the scholarship or the happy money that you get from your grandparents or your parents or friends. You know, they buy you for Christmas gift or birthday present. There is so much happy money in your life, but you forget because we are so overwhelmed by the stress around money.

774.577 - 782.606 Lewis Howes

Right. Yeah, maybe there was a trip you went on with a friend or family, you went on an adventure, and that money provided that memory, that experience for you.

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Right. It was worth the money, right? There's a happy saying.

786.33 - 786.59 Lewis Howes

Yes.

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So there are many positive sayings around money as well. And you grew up in Japan, is that right?

Chapter 3: What systems should you implement for better financial management?

2415.971 - 2437.325 Patrick Bet-David

And there was a lot of chaos two weeks ago, three weeks ago. And I held a meeting. In a meeting I held, I'm watching to see who's showing signs of leadership on what's going to happen. This is an opportunity for them to show who's the leader. And then the person you weren't expecting stood up, and the person you were expecting to lead was kind of like quiet and not saying anything.

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2438.006 - 2459.062 Patrick Bet-David

Well, maybe this guy's not a leader. He's a technical expert, but he's not a leader. This person is not technically as much of an expert as this person, but this guy knows how to bring everybody together and get all the productions to be done on time, delivered, high quality, thumbnails, everything. That guy's a better leader, even though technically he's not as good as this.

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The market pays for great leaders.

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Chapter 4: How can you heal your early money wounds?

2461.264 - 2492.429 Patrick Bet-David

So whether I'm an assistant, whether I'm an executive assistant, whether I'm a salesperson, whether I'm a coder, an editor, whether I'm a You know, in the military, whether I'm a cop, firefighter, politician, an athlete, it does not matter. Steve Kerr wasn't technically the best player, but he's one of the best coaches in the league today, right? So why is he where he's at?

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Because of leadership, right? So leadership is what? Getting people to do things they wouldn't do on their own and setting a great example. Great. So that means you have to be able to do what? You have to learn how to build relationships with people to win them over. You have to be able to give tough news, bad news, direct news in a gentle way where it's received.

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You have to be able to bring people together. You have to be able to challenge people, poke them, challenge them, have the tough conversations with them, manage expectations with them, challenge them to recreate themselves when they hit a plateau. We had a talent dinner this week two nights ago at the house. I brought everybody over, and I brought my chiropractor.

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Everybody got adjustments at the end until God knows what time. But we're sitting there with the talent dinner, and I said, guys, there's one word I want you to be thinking about going into 2024. I want everybody here to keep this one word as their MO, is to recreate yourself going into 2024.

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And I gave them goals, what I want Valuetainment to happen, what I want Valuetainment Comedy to do, what I want this to do and that to do and this to do, all this other stuff that we got. But what's the most annoying thing about recreating yourself? The most annoying thing about recreating yourself is you have to accept the fact that the current you is not good enough for the next level.

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Nobody likes that because

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whenever you get good at the level you're at you kind of have this warm fuzzy feeling you're getting the accolades you're getting the respect you're getting the fame you're like look at me i'm so special but to go to the next subject oh my god nobody here cares about my success i am so small here but that's what you're not good enough for the next level so what do i need to do to recreate myself to get to that next level do i need to read more do i need to study more do i need to watch myself more do i need to

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sit down with other people that know me well and ask them to give me very sincere direction. Do I need to hire somebody to give me feedback? What do I need to be doing?

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What is that for you?

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