9 Systems To Build A Life Of Abundance - Sahil Bloom
Jun 15, 2023
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Sahil Bloom, Founding Partner at SRB Ventures and viral content creator, shares insights on balancing career and family life. He introduces the innovative 'life dinner' concept to enhance relationships and discusses cultivating personal growth while navigating online negativity. Sahil emphasizes redefining wealth beyond money, focusing on health and meaningful connections. He reveals practical life hacks, including the benefits of daily cold plunges for mental wellness, and the importance of embracing discomfort for personal fulfillment.
Systemizing life leads to a balanced and fulfilling existence, incorporating non-negotiable habits in health, relationships, and career.
Redefine wealth beyond money to include physical health, mental well-being, social connections, and time freedom.
Prioritize present happiness and balance over working hard for a distant retirement.
Find a balance between working hard and working smart to achieve financial stability and pursue fulfilling endeavors.
Build things that have longevity and generate future income, focusing on meaning, passion, and mental well-being.
Deep dives
Systemizing Life: Strategies and Tools for Better Health and Relationships
In this podcast episode, the importance of systemizing life is discussed. The speaker emphasizes that having systems and non-negotiables in various areas of life, such as health, relationships, and career, can lead to a more balanced and fulfilling existence. They share personal examples, including the concept of a 'life dinner' where couples have structured monthly check-ins to discuss important aspects of their lives. The speaker also highlights the significance of human connection and the value of time, encouraging listeners to prioritize experiences and not defer happiness. They address the controversy of sharing personal life online, stressing the importance of empathy and the understanding that negative comments often stem from personal pain or trauma. The episode concludes with a discussion about comprehensively wealthy living, where wealth is defined beyond money, encompassing physical health, mental well-being, social connections, and time wealth.
The Power of Systems in Personal and Professional Life
The podcast episode explores the benefits of incorporating systems in personal and professional life. The speaker shares how systems can increase productivity and efficiency, freeing up time for more meaningful activities. They provide examples such as systemizing workouts, maintaining a list of friends to stay in touch with, and making intentional time for family. The speaker acknowledges the controversial nature of systemizing relationships, but highlights the value of structure and intentional communication. They emphasize that systemizing does not eliminate spontaneity or creativity, but rather enhances them by reducing decision fatigue and creating opportunities for growth and deeper relationships. The speaker also discusses strategies for dealing with online hate and negativity, advocating for empathy and self-confidence in the face of criticism.
The Importance of Prioritizing Time and Developing Healthy Habits
The podcast episode stresses the significance of time and the need to prioritize one's own well-being. The speaker shares personal experiences and explains that time should be treated as a valuable resource, encouraging listeners to make choices that align with their priorities. They discuss the benefits of developing non-negotiable habits in areas such as physical and mental health, relationships, and professional growth. The speaker acknowledges the challenges of balancing personal and professional commitments, but emphasizes the importance of taking care of oneself to be able to show up fully for others. They also touch on the importance of being present and cultivating meaningful connections with loved ones.
Redefining Wealth and Challenging Traditional Metrics
The podcast episode challenges the traditional notion of wealth centered solely around financial success. The speaker proposes redefining wealth to encompass physical health, mental well-being, social connections, and time freedom. They discuss the limitations of measuring success solely based on money and highlight the need to create a more balanced and fulfilled life. The speaker encourages listeners to recognize the importance of personal growth, meaningful relationships, and personal time. They suggest expanding the definition of wealth to include various aspects of life and prioritize experiences over material accumulation.
Working hard now versus waiting for retirement
The podcast episode discusses the common idea of working hard in the present with the hope of enjoying retirement later. It highlights the pitfalls of this mindset, noting that many people who work hard in their careers never actually get to experience the glamorous retirement they dream of. Instead, they continue to chase more success and financial milestones. The episode emphasizes the importance of finding balance and enjoying the present moment, rather than postponing happiness for an uncertain future.
Working hard versus working smart
The episode explores the concept of working hard versus working smart throughout one's career. It suggests that working hard early on is important for building a solid foundation and uncovering high leverage opportunities. However, it warns against falling into the trap of perpetual hustle, as many individuals end up continuously chasing the next milestone or mirage of success. The episode encourages finding a balance between working hard and working smart to achieve financial stability and pursue fulfilling endeavors.
Finding financial confidence and meaningful pursuits
In this episode, the importance of financial confidence is discussed. It emphasizes the value of acquiring skills and knowledge that can generate income, providing a sense of security and freedom. Rather than solely focusing on financial security, the episode suggests pursuing work that one truly enjoys and finds fulfilling. It also touches on the impact of reducing friction in daily life due to technological advances, questioning whether this may lead to less interesting and meaningful experiences. Mindfulness practices, such as cold plunges and daily walks, are mentioned as tools for mental health and gratitude.
Building Things with Longevity in Mind
One key insight discussed in the podcast is the importance of building things that have longevity and can generate income in the future. The speaker notes that many creators experience a natural curve with a growth phase, followed by a plateau and a potential decline. To counteract this, the speaker emphasizes the need to develop businesses with enterprise value or cash flow that can be leveraged for future income. This approach helps to ensure financial stability and adaptability, allowing individuals to sustain their careers beyond their initial growth phase.
The Pursuit of Meaning and Mental Well-being
Another main idea explored in the podcast is the significance of finding meaning, pursuing one's passions, and prioritizing mental well-being. The speaker highlights the importance of working on things that light you up and align with personal interests, rather than focusing solely on financial gains. Additionally, the speaker mentions the need for mental fitness and ongoing learning to make sound decisions and accumulate knowledge. Finally, the speaker emphasizes the value of mental health and suggests practicing mindfulness and spirituality to find purpose and balance in life.
Balancing your career, relationships, and health can be a juggling act for a lot of us, no matter what point we’re at in our lives. Today I speak to Sahil Bloom. Sahil is the Founding Partner at $10M fund SRB Ventures, an angel investor in more than 30 companies, and over the past two years has become viral content creator with his Twitter following growing from 0 to nearly 1 million followers. He’s done all this while being a husband and father to his first child. In the conversation, we talk about how to systemise life so that you can shoot for wealth beyond money, tools for health and relationships, his journey as a content creator and life hacks to help you build a life you love.
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