There are 3 rules to become wealthy and still live like a Stoic. Because, if you’re like me, we don’t really aim to become famous or own fancy cars. We simply want to build wealth so we can have peace of mind. That’s the key to a wealthy and satisfying life. In this video, I talk about the 3 Stoic rules to achieve the above. We’ll dig into thriving in a winner-takes-all economy, breaking through misfortune and bad things in life, and becoming more resilient through the regular...

What does it mean to be wealthy? It's a common belief that being wealthy means having lots of money. That’s true on some occasions, but it’s not always the case. My book “The Stoic Path to Wealth”, introduces another way of looking at life. This is the first book that combines wealth building and investing with Stoicism. Because the Stoic philosophy is about focusing only on what you can control and disregarding anything else. It’s a philosophy you can apply to every aspect of your life,...

In this episode, I share my answers to the most frequently asked questions about my new book, The Stoic Path to Wealth. Enjoy! Grab your copy of The Stoic Path to Wealth: stoicpathtowealth.com⁠

How can you become a wealthy Stoic? Stoicism is about living a simple, virtuous life. That’s why many people have the misconception that being Stoic means refusing material wealth. But that’s not the case. The other thing about Stoicism is focusing on what you control and ignoring everything else. This is how you live a wealthy life while remaining Stoic. Epictetus, the only Stoic philosopher who wasn’t born into wealth (he was a slave), said it well: “If you can make money...

In my experience, you do your best work when you’re in a good mood and you’re focused. You can also look at it as being a state of “Flow,” which is a term the psychologist Mihaly Csikszentmihalyi coined. You can get in a Flow mind-state by having the right balance between challenge and skill level. How do you know you have Flow? When work is effortless and you’re making progress. I’m finally in that state as I’m writing this after being out of it for a few months. I was dealing...

I wanted to be rich so bad for my entire life. In high school, I watched Wall Street with Michael Douglas and Charlie Sheen. It was supposed to be a cautionary tale but I saw it as inspiration. I wanted to be Gordon Gecko, the crazy high risk Wall Street trader. When I was 17, I got a job at a call center during the summer. I was on the phone every day, working double shifts. I was selling mobile phone subscriptions to people, mostly elderly. It was a shameful job but I was making...

I analyzed three of Warren Buffett's biggest stock picks (GEICO, Coca-Cola, Apple) and drew lessons from that. By understanding the thought process of his stock picks, we can emulate his mindset. Whether you’re a passive or active investor, we can all use a little bit of “Warren Buffett” in our strategy. You probably won’t be surprised by the conclusion of this article: Have patience, be diligent, avoid greed, and bet on a prosperous future. We all know what it takes. But the key is...

I think having a sene of urgency and responsibility when it comes to your career is one of the biggest motivators. But if you put too much pressure on yourself to succeed, it can work against you. This is a dynamic that I’m constantly trying to balance. Last year, when I finished the final draft of my new book, The Stoic Path to Wealth, I immediatly started thinking about the marketing campaign. My self talk included a lot of “I need to do” xyz. And then, I would think, “If...

If you spend an hour on Twitter or Instagram, you almost believe that everyone can get rich quickly. “Start an AI company or write content online. You’ll make $500K a month, just like me!” The idea that success can be duplicated is one of the oldest fallacies in business and money. Just because a certain blueprint worked for Person A, it doesn’t mean it works for Person B. This is also why a lot of smart people are not wealthy. Over the past two years, I’ve been getting emails every...

I seriously started practicing Stoicism when I was 28. That’s when things started to change in my life. That was in 2015. Since then, I’ve become happier every year. 9 years after I started living as a Stoic, I can wholeheartedly say that happiness is a muscle that gets stronger the more you train it. In this episode, I share 5 of the most useful Stoic principles with you. Here’s my favorite, which is based on a quote from Epictetus: “Our master is anyone who has the power to...

My parents bought their first house in 2000. My mother told me that one of their family members broke ties with my parents because of that. Certain people think that buying a house is not for everyone. Those types of people also believe that higher education is not for everyone. Or that owning stocks is only for rich folks. These are examples of mental barriers. So many of us have false beliefs about money and life. And those false beliefs can prevent us from ever living a good life....

I’ve been writing about the philosophy of Stoicism since 2015. A Stoic mindset has truly changed the way I do everything. I apply Stoicism to my happiness, work, finances, and even relationships. This Stoic mindset allowed me to leverage ancient lessons into my entire life. The other day I was talking about this change with a friend. He asked me: “What does the Stoic mindset really mean? Let me explain. Incorporating Stoicism into my daily life is something that I still work...

My new book, The Stoic Path to Wealth, is coming out on July 16th. This book is the most comprehensive guide on how to build wealth that will last your entire lifetime, and beyond. If you pre-order the book, you will instantly get access to the following products: 1. The Stoic Success Course This is a brand new video course that shows how to improve your health, wealth, and happiness by applying practical lessons from Stoicism. 2. Effortless Learning Podcast This is a...

Stoicism, an ancient Greek philosophy, is not just a guide for leading a virtuous and meaningful life; it can also be a roadmap to financial success. Nearly all the prominent Stoics were well off, from the founder, Zeno, to the most prolific writer of the bunch, Seneca. In fact, you can argue that Stoicism was for wealthy people at the time. This is why it’s such a popular philosophy today. We have so many resources at our disposal that we don’t even know what to do with them. We...

I’m very introverted. I truly enjoy (and need) time alone. Too much social contact drains my energy. One misconception about introverts is that they lack confidence. People falsely assume that we don’t want to be around others for that reason. In her book, Quiet, psychologist Susan Cain calls that concept the “Extrovert Ideal.” It’s the widespread belief that being outgoing, assertive, and socially proactive makes a person successful. As it turns out, introversion has its own set of...

The habit of journaling may seem small and insignificant. “How can writing personal notes in my journal every day do anything for me?” You might ask. I understand the skepticism. Even I had some doubts in the beginning. But journaling truly can change your life. Just ask any person who journals. You won’t find a person who says, “Journaling is so-so.” Everyone who does it loves it. Since 2015, I have made journaling an integral part of my morning routine, and it has helped me...

I have a love/hate relationship with impatience.  I love it because it has helped me to accomplish things in my career. When something needs to be done, I do it immediately. I just can't wait. But that approach is not helpful when it comes to your finances. To build proper wealth, you need patience. You can read about investing and compounding as much as you want. But unless you don't have the patience to let your money compound, you can never reap the benefits. This is something...

Essentially, making money from your passion is all about solving a problem or need. And getting paid for it. Whether it’s through a product or service, your focus should always be on providing value to your customers. Look at the Patagonia brand. The founder, Yvon Chouinard, saw a need for high-quality outdoor gear that was environmentally friendly and decided to fill that gap. By focusing on providing value, he was able to build a loyal customer base and become recognized as an industry...

The German philosopher Friedrich Nietzsche wrote this in his book, The Gay Science, about purpose: “Gradually, man has become a fantastic animal that has to fulfill one more condition of existence than any other animal: man has to believe, to know, from time to time why he exists; his race cannot flourish without a periodic trust in life–without faith in reason in life.” Nietzche said that we need to have some kind of trust in life. Just surviving, eating, working, and procreating are...

Smartphones have become an extension of ourselves. We use them for almost everything - from staying connected with friends and family, to managing our schedules and even for entertainment. A recent study showed that the average person spends around three hours a day on their phone, which adds up to a staggering amount of 45 days a year. People are glued to their screens most of the time. There’s a constant need to check notifications, scroll through social media feeds, and respond to...

Worrying is a natural human response to uncertainty. But when we allow our worries to consume our thoughts at all hours of the day, they can quickly become overwhelming. One effective strategy to manage this is by only giving yourself five minutes to worry and sulk over negative emotions. Call this your 5 minutes of worry time. Worrying is a natural part of life. We all have things that cause us stress and anxiety, whether it’s work, relationships, or just the daily grind. And sometimes, it...

In this episode, I share how I dealt with my latest setbacks. I talk about how you can use challenges to learn and adapt. And to come back stronger! Pre-order my new book, The Stoic Path to Wealth Combining ancient wisdom with practical investment strategies drawn from analysis of the greatest investors of all time, The Stoic Path to Wealth will teach you how to: cultivate an investing edge by managing your emotions and developing your unique skills and talents develop the discipline to...

I believe our natural response to setbacks is stress. When you deal with loss, sickness, conflict, or uncertainty, you get that heavy feeling in your stomach. Your mood becomes dark. You start feeling less energetic. Your instincts tell you to run. For some people, that type of stress lasts only a few hours, but for others, it can go on for weeks or months. What matters is that you don’t get stuck in those negative feelings. Because when you don’t address your setbacks, you start to get...

In my experience, there are a few things you can do when your brain feels clogged. Get rid of your overwhelming goals: What’s a big goal that you really want to achieve badly? Something big. Delete it from your brain. Focus on the present and enjoy yourself. You can always come back to your goal later. Stop multitasking: Focus on one thing at a time. Take a few days off or work less: Your brain needs some rest! Limit negative inputs: Avoid negative people for a while. And also avoid...