Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Sahil Bloom: The 5 Types of Wealth You Need to Design Your Dream Life | Entrepreneurship | E335
07 Feb 2025
Sahil Bloom felt empty despite crushing his career and financial goals. His health, relationships, and well-being were crumbling, until one conversation made him realize that at his current pace, he might see his parents only 15 more times before they passed. This realization hit like a punch in the gut. Within 45 days, Sahil quit his job, sold his house, and moved across the country. Free from corporate life, he started The Curiosity Chronicle, a newsletter with over 800,000 subscribers, where he shares insights on building a high-performing, healthy, and wealthy life. In this episode, Sahil breaks down the five types of wealth every entrepreneur should acquire and how to redefine success beyond money. In this episode, Hala and Sahil will discuss: (00:00) Introduction (01:14) Life Razor: A Simple Rule to Clarify Priorities (05:41) Breaking Free from Limiting Beliefs (07:38) Building Wealth but Feeling Empty (11:09) The Wake-Up Call That Shifted His Priorities (17:32) The Energy Calendar Hack to Maximize Time (21:26) Why Execution Beats Business Plans (27:03) Time Blocking Tips for Entrepreneurs (30:29) The Five Types of Wealth (40:35) Why a Brain Trust Is Better Than Mentorship (48:49) Turning Business Expenses into Profit (53:58) Unconventional Investment Strategies (59:32) Balancing Health, Wealth, and Well-being (01:06:31) Sahil’s Daily Routine for Productivity Sahil Bloom is an entrepreneur, investor, and writer focused on redefining wealth beyond money. A former private equity professional, he left the corporate world after a wake-up call that redefined his view of success. He now runs The Curiosity Chronicle, a newsletter with over 800,000 subscribers, sharing insights on entrepreneurship, investing, and personal growth. As a managing partner at SRB Ventures, he invests in early-stage startups and helps founders scale. Resources Mentioned: Sahil’s Book, The 5 Types of Wealth: amzn.to/40XzrQL Website: sahilbloom.com/#Hero Sahil’s Newsletter, The Curiosity Chronicle: bit.ly/3EsRmH5 King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone by David Carey and John E. Morris: amzn.to/4hhG8Uo One Up On Wall Street: How To Use What You Already Know To Make Money In The Market by Peter Lynch: amzn.to/4aFpVWT Man's Search for Meaning by Viktor E. Frankl: amzn.to/42yQdry Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses by Codie Sanchez: amzn.to/4jE8PMY Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Rocket Money - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com/profiting Indeed - Get a $75 job credit at indeed.com/profiting RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold NordVPN - Get the best discount plus 4 extra months on the 2-year plan at nordvpn.com/profiting Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new All Show Keywords: Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset.
Full Episode
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What is our life razor? What is our identity defining rule for our life? A razor is a rule of thumb that allows you to cut through the noise. During the course of your life, the things that you prioritize or focus on will change. You can reinvent your story at any point in your life. You can't plan entrepreneurship. The whole idea of creating a business plan is a joke. You have to go do the thing.
What is our life razor? What is our identity defining rule for our life? A razor is a rule of thumb that allows you to cut through the noise. During the course of your life, the things that you prioritize or focus on will change. You can reinvent your story at any point in your life. You can't plan entrepreneurship. The whole idea of creating a business plan is a joke. You have to go do the thing.
Every single time I thought I was too late, it was still early. And all it took was for me to actually lean into the thing and just do it consistently every single day.
If somebody wants to learn more about how to buy companies, what do you suggest? Every single time I thought I was too late, it was still early. And all it took was for me to actually lean into the thing and just do it consistently every single day.
I would definitely go in.
What is your idea around mentorship and community with other entrepreneurs?
I think networking is dead. What you are really seeking to do is that is when you end up getting the best returns.
If somebody wants to learn more about how to buy companies, what do you suggest?
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