Competency = Wealth

Hello my friends. I'm Brendon Burchard, host of the Brendon show and founder of growthday.com and I'm honored to be your high performance coach today. I believe that every day we can be inspired. We can live with intention and purpose. We can bring the joy and honor the struggles of each day to push ourselves to grow, to serve, to be a role model, to lead extraordinary lives. I believe that every day is a great day to grow. That's why I started my company, growthday.com it's an online personal growth platform where you can get me and the world's best personal development teachers live coaching you every week, sharing our wisdom, keeping you motivated and accountable, encouraging you to find the aliveness and the connection and meaning of life that we're all after. If you're not a member yet, please go sign up@growthday.com and join our huge worldwide community of achievers. For less than a dollar a day, you get the world's best teachers live every week. And look, you've probably known for a long time that you needed some expert guidance, an inspired community and life changing tools. So please, your breakthrough awaits you@growthday.com now let's get to today's episode. My friends, please listen closely. Maybe you take some notes so you remember these insights of personal growth and share this episode with three of your friends because we all have to share more positive messages in the world today. So share this with three friends just like you who are committed to their personal growth. And also be sure to tag me or DM me on Instagram. Rendon Burchard, Join our million plus community there on Instagram so I can say hi. Thanks again for listening. Now let's begin.

Long term wealth requires ever increasing competency. What you know now won't get you there. You're going to have to get new knowledge, skill, ability and talent to go to next level. Even if you luck into a ton of money, you're going to have to get more competent on what to do with the money, right? Dealing with finances is a skill that you can learn. Well, same thing in every other area of your life. What I tell you all the time ago, show me where you make money go. What? Show me where you make money. What do you do to make money? And they go, oh well you know, I have this job or I have this type of business. I said okay, what's the skill there that you have that you think is driving your pay? What's the primary? If you had to narrow it down to one, two or three skills that's driving your primary pay. And if you enjoy that skill, go deeper, gain more mastery, take classes, watch videos for free on YouTube. Investing in your skill development and investment means time, energy, money, effort. Right? Time, energy, money, effort. We gotta go. Okay, I, I've gotta, I gotta put something in here. What's worthwhile investing in? I'm like yourself and your skill sets. You know, I went to a bunch of seminars on how to enhance my public speaking. I invested in hiring coaches in that regard. I invested in taking classes and tutorials on how to operate all this gear by myself. I invested in online courses to learn how to do online courses. Like these are skills that you can develop. And as you learn to develop more skills, it's easier to exceed expectations and add new value, right? I think skill development is way underrated, way under. What we have now is we have a browsing based culture versus a mastery driven culture. When you switch from I'm a browser, right? I'm going to use this phone all day like this and I'm going to input a million random things that mean nothing to me whatsoever. Two, I'm going to use this thing to deeply study something that will give, develop my skill, my capabilities so I can build better, serve better, lead better, change, add value. When this becomes a tool of study versus just selfies or distraction. Now you're on the right path to wealth. Now you're on the right path to wealth. This is so important. I would say one of the fundamental problems in our culture right now, worldwide is that most people invest their time in consumerism, shopping or in entertainment, just absorbing, taking it in. And very few in active development of skill. And skill can be communication, conflict management, negotiation, leadership, influence, like soft skills or hard skills like coding, like building something, like designing, like creating something, like actually executing a process or behavior, like athleticism, like something where you're just developing that over and over. The mastery mindset is a path to wealth. The mastery mindset is a path to wealth. When we invest in our skill development over a period of time, we're more capable of adding new value, exceeding expectations, going to the next level. And as we go to the next level in those areas, we tend to get paid more. That's important.

Hey, it's Brandon jumping back in here again. Are you looking to go to the next level in your life right now? The next level of joy, abundance, success. Then you already know that you need to journal about your lessons learned in your life. You got to track your moods and your habits. You have to learn from the best personal development coaches and teachers in the world. And you got to stay inspired and accountable so that you can be more focused, disciplined, joyous, and keep growing. That's what the Growth Day app is going to help you to do, my friend. It's the world's first all in one personal development app. It has all of the tools you need, all the coaching and the community that you need to level up, to progress every week, to track your breakthroughs, and to keep growing in every area of your life consistently over the long term. So go start your transformation right now@growthday.com or just download the Growth Day app.

On your phone right now.

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What's the primary drivers of how you get paid today? What are the major skills? How can you develop them? Get way better at them, Way better at them. I had to learn that in every area from online marketing to email marketing, to influencing, to teaching, to running the gear, to running the company, to how to deal with employees, to how to build up the finances of a company. Like, I don't know how to do any of that coming out of a broke mining town. But what I said is I want to be able to serve at the highest levels. So what skills do I need to learn? When I was an author and I was broke, I said, what skills do I need to learn? Okay, well, one skill for me is writing a book. So I'm going to study how to write well. So I studied and studied and studied how to write well, great. That's one skill though, isn't it? And I'd look at these other authors, I said, well, how are they so rich? How are they wealthy? Well, it turned out a lot of them were on the road speaking, and as they spoke, more people bought more books. And I was like, well, that's a virtuous loop. Okay, so if I can learn to become a teacher and a speaker, then people buy more books. Well, I want to be a writer who sustains my life as a writer. That was my goal. Okay, I guess I could add that skill which would support the finances over here. It was an adjacent skill that served the main goal for me. Okay, well, I hate speaking. I don't like it. But I was like, well, why don't I like it? Well, because I don't know how to do it. I'm uncomfortable doing it well. I was uncomfortable riding a bike. I didn't know how to do that. Well, let me try. Let me put some training wheels on. Let me learn to speak. So I started speaking and teaching myself time, energy, investment of my heart and my soul to speak. And I was literally speaking to myself in a room, walking around, wearing out my carpet, just teaching myself to talk out loud about topics for long periods of time. You know, it's like, okay, figure out how to do that. Then I was like, okay, I need to get in some practice. I need to get in front of some audiences. So I'd start doing it in classes. I'd volunteer to give my report out, or when it was time to give the report out, I'd put some flourish on it, man. And I just thought, okay, I'm gonna keep getting better. I'm gonna keep trying to get in front of more and more audiences and bigger and bigger. I'll speak free. I don't care. I just need to run the reps to gain the skill so I can become good at it. Because I saw speaking as an adjacent way to serve people beyond just my writing. So that was an entire skill that I built up from scratch with no natural talent or ability. In fact, more fear. And so it was like, okay, but that's going to serve over here. Let me see if I can do it, and let me see if I enjoy it. And of course, once I got over the fears and I saw the impact beyond me with people, I was like, wow, that really made a difference in person's life. Who may not read my book. Wow, this is just another vehicle for me to make my difference. I thought it had to be about book writing. I was like, oh, but I can make a difference this way too, huh? And I can enjoy this too, huh? And if I hadn't done that, we wouldn't even be here right now. And so I had to figure out, like, well, how do I do that? How do I do the lighting? Right before we began, literally with the team, we were adjusting the camera, and they're watching on zoom. I'm like, how about here? How that? What do you think about that? Like, trying to figure out all these little things without knocking everything down. And if I hadn't learned that, we wouldn't be here. So I would also say I wouldn't.

Reach the scale in my own career.

As you scale up your competencies, you scale up the likelihood you will build wealth.

Okay, my friend, I hope you enjoyed this episode of the Brendon Show. Tell some people about this episode. It's on each of us to spread positivity and empowerment during these times of chaos and negativity.

Right?

So I'm asking you to be the dealer of hope and personal growth and education in your tribe. So take a screenshot right now and share the screenshot and this link to this episode with three of your friends today. Post it on social media. Use the hashtag growthday. That's growthday, because that's the name of my company and we're always giving away prizes to our community. If you'd like to help me personally, then please rate and review the podcasts on Apple Podcasts. Give us some stars, cheer us on, leave a review. Because believe it or not, that stuff.

Actually really does help.

And I read all of them. So my last thought for today, please remember you are stronger than you think and the future holds good things for you. Tomorrow can be an inspired day. Every new morning is a second chance. Every day is a great day to grow. We're thankful to have you here in the Growth Day community, so be sure to go deeper with us@growthday.com.