Podcast Summary: The Skinny Confidential Him & Her Podcast - Episode with Sahil Bloom
Title: Sahil Bloom On How To Take Back Your Time, Own Your Future & Tap Into The Greater Power Of Your Mind
Release Date: February 6, 2025
Hosts: Lauryn Bosstick & Michael Bosstick
Guest: Sahil Bloom
Book Discussed: The Five Types of Wealth by Sahil Bloom
Introduction
In this episode of The Skinny Confidential Him & Her Podcast, hosts Lauryn Bosstick and Michael Bosstick welcome back their esteemed guest, Sahil Bloom. The conversation centers around Sahil's transformative book, The Five Types of Wealth, which expands the traditional notion of wealth beyond mere financial aspects to include time, social, mental, and physical health.
The Five Types of Wealth
Sahil Bloom introduces his book, emphasizing that wealth encompasses more than just financial success. He articulates the five types of wealth: financial, time, social, mental, and physical. This holistic approach aims to help individuals craft a more fulfilling and balanced life.
Key Quote:
Sahil Bloom [00:24]: "Get ready for some major realness."
Time as the Foundation of Wealth
The discussion delves into time wealth as the cornerstone of all other wealth types. Sahil explains that time is our most precious and irreplaceable asset, stressing the importance of managing it wisely to achieve true freedom and fulfillment.
Key Quote:
Michael Bosstick [02:22]: "Time wealth is really about freedom to choose how you spend your time... it’s the only thing you can’t ever get back."
Personal Reflections on Time
Lauryn Bosstick shares her personal insights, reflecting on how quickly time passes as she approaches her 40s and observes her daughter's growth. This personal anecdote underscores the fleeting nature of time and the necessity to cherish it.
Key Quote:
Lauryn Bosstick [04:19]: "I don’t want to say it depressed me, but it was like a punch in the gut to realize, like, oh, my gosh, this comes much faster than people realize."
Managing Energy with the Energy Calendar
Sahil Bloom and Michael Bosstick discuss practical strategies for managing time and energy. Michael introduces his Energy Calendar, a tool for categorizing daily activities based on their energy impact—green for energizing, yellow for neutral, and red for draining. This method helps individuals identify and prioritize energy-enhancing activities.
Key Quote:
Michael Bosstick [05:12]: "If you're leaning into relationships that energize you, good things happen... and leaning away from things that drain you, good things happen."
Identifying Energy-Draining and Energy-Boosting Activities
Michael shares examples of activities that either boost or drain his energy. He finds in-person meetings and creative work energizing, while Zoom calls and phone meetings are draining. By adjusting his approach—such as turning some calls into walking meetings—he enhances his overall energy and productivity.
Key Quote:
Michael Bosstick [06:30]: "Creative work is super energy creating... Zoom meetings and phone calls are my number one drain."
The Surfer Mentality
The Surfer Mentality is introduced as a philosophy of embracing the present moment, knowing that waves (moments) are temporary. This mindset encourages individuals to enjoy each phase of their lives, whether good or bad, understanding that new opportunities will always arise.
Key Quote:
Michael Bosstick [19:34]: "The knowledge that there are always more waves coming is what allows you to just embrace whatever wave you're currently on."
Defining Personal Success
Both hosts and Sahil explore the concept of success, advocating for personal definitions that align with individual values and desires rather than societal expectations. Sahil shares his personal definition of success as being able to spend quality time with his son, highlighting the importance of diverse wealth types in achieving true fulfillment.
Key Quote:
Michael Bosstick [16:10]: "I feel like the wealthiest I ever feel is when I can take my son to the pool at 1pm on a Wednesday."
Overcoming the Culture of Busyness
The conversation addresses the societal glorification of busyness and its impact on time wealth. Michael emphasizes the importance of setting boundaries and saying no to non-essential commitments to maintain control over one's time and prevent burnout.
Key Quote:
Michael Bosstick [17:19]: "Time is the biggest one because we live in a culture that prizes busyness."
Professional Time Management
Michael outlines the Four Types of Professional Time: Management, Creation, Ideation, and Consumption. He explains how most professionals spend the majority of their time on management tasks, which can impede productivity and growth. By categorizing and balancing these time types, individuals can enhance their professional effectiveness and personal satisfaction.
Key Quote:
Michael Bosstick [53:18]: "Management time is emails, meetings, processing... but there are three other types: creation, ideation, and consumption."
Mindset and Self-Talk
The discussion transitions to the power of mindset and self-talk in shaping one's reality. Lauryn and Michael advocate for positive affirmations and being one's own biggest supporter, countering societal pressures to remain overly humble. This positive internal dialogue fosters confidence and resilience.
Key Quote:
Lauren Bosstick [66:51]: "If I won’t talk to myself like that and I won’t be my biggest fan, why can I expect everybody else to do that for me?"
Personal Journeys and Vulnerability
Sahil and Michael share personal stories, including Michael's struggle with infertility and the profound impact of personal loss. These vulnerable moments highlight the importance of time and emotional well-being, reinforcing Sahil's thesis on the multifaceted nature of wealth.
Key Quote:
Michael Bosstick [59:29]: "When we decided to make this change, within two weeks... we found out that my wife was pregnant."
Conclusion and Takeaways
In wrapping up, Sahil encourages listeners to define their own success and prioritize the different types of wealth to design a fulfilling life. The hosts express their admiration for Sahil's message and the practical tools he provides to enhance personal and professional well-being.
Key Quote:
Michael Bosstick [69:08]: "I hope that people take the time to think about what they truly want out of life... and then take one tiny action to build towards that life."
Additional Resources
- Book: The Five Types of Wealth by Sahil Bloom
- Website: the5typesofwealth.com
- Newsletter: Subscribe to Sahil Bloom's newsletter for more insights.
Final Thoughts
This episode offers a comprehensive exploration of redefining wealth and success, providing listeners with actionable strategies to reclaim their time, nurture their relationships, and foster personal growth. Sahil Bloom's insights challenge conventional metrics of success, advocating for a more balanced and meaningful approach to living.