The Profitable Chiro Network w/ Dr. Daniel Kimbley
Welcome to The Profitable Chiro Network with Dr. Daniel Kimbley…
On this podcast, we take deep dives into the science of success, stress, and sustainable practice growth—through the lens of God’s intelligent design. From unlocking the power of your prefrontal cortex to breaking free from pain patterns and maximizing clinic profitability, these conversations challenge conventional wisdom and reshape the way you think about chiropractic, business, and life. This is The Profitable Chiro Network.
The Profitable Chiro Network w/ Dr. Daniel Kimbley
Ep 3: Energy Over Everything: The Hidden Currency of Success
What's up, family? Welcome back to another episode of the Profitable Cairo Podcast. Today, specifically, we're gonna talk about money and wealth and misconceptions, and we're gonna share all the ugly stuff about our finances in the past and just talk about what God says about wealth too, which I think is important. I'm your host, dr Daniel. My beautiful wife, heather is here again with us. In the future we'll have some guests on, but today it is just us, still me. Yes, I love it. We have the opportunity to hang out with lots of business owners and serve lots of business owners, and everyone cares about money no matter who you are, but I think that for a long time I had certain misconceptions about money, which we'll talk about here in a minute.
Dr Daniel Kimbley:Long time I had certain misconceptions about money, which we'll talk about here in a minute, that lend itself to not the best outlook. And then when circumstances come up in life. It makes it challenging and I think some people can look from the outside and really think that, oh, they have it all figured out and all put together and I just want to squash that today About us. Yeah, About.
Dr Daniel Kimbley:Anybody? Yeah, because I mean we take care of some high level people, right, and I am 100% for sure, for certain, that they probably have the same arguments about money.
Heather Kimbley:Right.
Dr Daniel Kimbley:Because money magnifies problems that are already there, and we can talk about that later, we'll talk about scripture, but we won't go there just yet. So let's talk about us not having money. The joys. How does that sound? Okay, all right, so we have two stories. First one that I wanted to share is I remember I was working out and you don't even really remember this story, which is funny.
Speaker 3:I blocked out everything in this story.
Dr Daniel Kimbley:Yeah, so when we were prepping for the episode, heather's like I completely blocked this out. So, um, the a little bit of the backstory if you didn't catch the first episode of the podcast. So we went from Indiana we I was teaching, you were physical therapist right, we gave it all up. Got married, moved to Georgia, started chiropractic school. I started chiropractic school. You worked in the. You basically ran the front desk at offices.
Dr Daniel Kimbley:I worked at offices so you could learn the backend of how an office runs, so that we could ultimately go open our own practice and be successful Right so from Georgia we decided we are not going back to Indiana. No no snow.
Speaker 3:No, thank you. No winters.
Dr Daniel Kimbley:No, um, what else? There's a lot like. Indiana was great, that's where we grew up, but we wanted something else, so we decided we want to go somewhere where there was summertime year round, right, and there was water, yes, and we ended up in southern california greatest place on earth, and we live less than a half mile from the beach, which is amazing. So I share that, because that's not where we started. No, we actually started in this little like two bedroom place. It was our second place that we had in Dana Point and I remember I was working out, I had just got done, I think Coco was born, and so we're in our second year of practice, and first year of practice was amazing.
Dr Daniel Kimbley:If somebody would have told me I would make that amount of money in a year, I would have never believed them. Back when I wanted to be the assistant manager at the oil chain shop yeah, even in undergrad, even when I wanted to be a teacher, I think probably even when I was in chiropractic school and people told me like, hey, here's what's possible Financially from having your own business, having your own practice um.
Dr Daniel Kimbley:And so I go downstairs, I work out in our little tiny garage gym and we actually it was so funny as we shared a garage with our downstairs neighbors and so I would be in the garage working out. You would be in the garage working out, coco would be chilling on the floor and we would be all sweaty and the neighbors would be like doing their laundry and stuff Always so awkward. Um, just to remember kind of where we came from. But the thing that I remember is I come upstairs and you had reminded me. You're like hey babe, don't forget, we got to pay office rent.
Dr Daniel Kimbley:And then our rent for our place is due five days later, right, and I'm looking at our office bank accounts and I'm thinking to myself like for real, I have no idea how we're going to pay both of these. Like it's impossible. I have no idea how we're going to pay both of these, like it's impossible. And you were in tears when I told you that and you're like how did I not know? We just had a record month in the office.
Speaker 3:Yeah, it just didn't make sense because we had been doing so well in the office, we had so many new people we were able to serve and take care of and we were making more money than we had, you know, back in Indiana, when we both were working two separate jobs.
Dr Daniel Kimbley:Yeah, like making more money in a month than probably ever would have in like almost a whole year.
Speaker 3:Yeah, it was wild. It just didn't make sense in my head, so like that's probably why I broke down.
Dr Daniel Kimbley:Yeah, and I mean I was broken down too because I'm sweaty. I'm sitting on our couch. Broke down, yeah, and I mean I was broken down too because I'm sweaty. I'm sitting on our couch. I don't know if anybody's ever experienced this, but you look and you're like I've worked so hard. I feel like I've done everything, right, right, I feel like I was just on the mountaintop, like had a record month.
Dr Daniel Kimbley:And then I look at my bank account and it's completely drained and it's not like we, like we weren't driving, you know, balling cars.
Speaker 3:We only had one car. We had one car, yeah.
Dr Daniel Kimbley:I was either skateboarding at that time or riding my bike to work.
Speaker 3:Yes.
Dr Daniel Kimbley:I think I had just gotten an e-bike, which was like a splurge at the time, and it was just one of those things where it's like where did all our money go? Right, and this is kind of what everyone told us, like, hey, california is expensive, yeah, and it wasn't just you know, like it wasn't that we had done anything wrong. I think it's just that we had different ideas about money, and so I'm frustrated, don't know how I'm going to pay rent, worried about where the money's going to come from. And this puts like, if you have a business, that puts you in a unique situation, that I think is the worst possible situation that you could be in, because most people are going to go. Well, I just need to see more people Like I need to sell more chiropractic care, which then your relationship with people becomes transactionalized.
Speaker 3:Yeah, you're only just selling to them to get the money that you quote unquote need at the time.
Dr Daniel Kimbley:Yeah, which I think is such a problem, because what we're really here to do and call people to do and it doesn't matter, like you don't have to be a chiropractor to understand this conversation that serving people is what matters and money is just a transfer of wealth or transfer of energy for services received. So if you are valuable and you can make an impact in somebody's lives, money will follow that Right, and so when you don't have any, it puts you in this unique situation of like, oh, I just want to look at someone as a dollar sign Because you're scared. Because you're scared, which leads us into this conversation of scarcity. The best definition of scarcity that I've ever heard is, if you add up everything you want, and everything you want is always going to be more than what there is. Okay, like that's the definition of scarcity.
Speaker 3:There's re-say that.
Dr Daniel Kimbley:So everything, if you add up everything that you want, if I want, like clothes and houses, and cars and a relationship, and it could be anything right. If you add up everything you want and it's more than, and that equals more than what there is, that's more than what there is Like, that's like what you're making. Yeah, and it doesn't have to be what you're making. It could be like if you think in your head that there's more that I want but I can never get the things, that it would take to have those things. That's scarcity. Sure, another way to think about scarcity would be, um, you know, like if we took our house in Indiana which was, I think, like $120,000 at the time something like that, I think, is what we sold it for If we took that house but we put it right on the beach here in Dana point same wood, same windows, same carpet same paint same furniture.
Dr Daniel Kimbley:It costs the same anywhere, right, but we put it on land that there's not as much of Right Because there's only so much beachfront property.
Heather Kimbley:Yes, and once the beachfront property is gone.
Dr Daniel Kimbley:It's gone. That exponentially increases the value of the home. Absolutely Not because the wood's worth more, not because any of the materials are worth more, but because the land on which it sits is way more, because there, if you add up how much land there is, that's beachfront like. Eventually there's only a finite amount of it.
Speaker 3:Absolutely.
Dr Daniel Kimbley:But the trick is so like that's scarcity and this is how everything is priced, right. So you can think about cars like a super nice sports car that they only make 10,000 of in a year, versus them that they make like $100,000 Toyota Corollas a year, or there's probably more than that. I don't know what the exact numbers are.
Heather Kimbley:Toyota Corollas.
Dr Daniel Kimbley:But the idea is that scarcity will completely destroy you. Right Because if you think about it just from a money conversation, my problem was like we don't have enough, we'll never have enough, I'm not going to be able to pay rent, and so my question is like where does that all come from?
Speaker 3:Well, I can say that my scarcity mindset came from my parents growing up and I can guarantee you believe the same thing. And I can guarantee you believe the same thing. We were raised a certain way to think that there was never enough money.
Dr Daniel Kimbley:Yeah.
Speaker 3:Just to live.
Dr Daniel Kimbley:Yeah. So I mean I can think of like when I was growing up I'll give specific examples. I can remember it was so funny at the time and like I love my dad so much I know I tell a lot of stories about him, but I just learned a lot of things from him, both good and not, I won't say bad, but just good and different. Yeah, so one of the things that I've learned from my dad he used to always say I only have $3. If I asked him if I was at a football game and I said, dad, can we, can I get some nachos after the game, he would say, well, I only have $3. So, no, you can't. Dad, can I get those shoes at the shoe store? No, I only have $3. That was kind of his go-to excuse, but it primed me to think about. There's like in my head I thought there's never enough money.
Heather Kimbley:For anything that you desired.
Dr Daniel Kimbley:Because I only have $3. Or the other one, which I fall on the other side of now, which we could talk about scarcity and like fear in a minute is the must be nice scenario.
Speaker 3:Oh yeah.
Dr Daniel Kimbley:Nice to have that car.
Speaker 3:Yes.
Dr Daniel Kimbley:Must be nice to live on the beach, and the reality is, is that probably somewhere? Those people took a risk to do something that the average person wouldn't do. So that's not good, bad, right or wrong, but it's just the decision that somebody makes. So I used to think, oh, it must be nice, that was just gifted to them.
Dr Daniel Kimbley:It didn't take any hard work, and that's what you either get it or you don't get it, and that's kind of the hand that God dealt up. Then last one is that if someone has something, that means I have less.
Speaker 3:Because there's not enough to go around.
Dr Daniel Kimbley:Yeah, there's not enough to go around which is the definition of scarcity in the first place. So the problem with scarcity, the problem when we were I'm sitting on the couch crying in tears how I didn't even have a relationship with God at this point. But in my head I was thinking how do we pay rent? What do we do?
Dr Daniel Kimbley:Because logistically it didn't make sense, it didn't make sense, and so the only thing I could do is force myself to not look at people as a number, force myself to try my best to believe that somehow we would be taken care of or it was all going to work out and come in and serve people.
Speaker 3:Because, worst case scenario, we would just move back home to Indiana.
Dr Daniel Kimbley:That was always our thought.
Speaker 3:This is so good.
Dr Daniel Kimbley:So people want to ask, like what's a practical tip or strategy to be able to maybe take a risk?
Dr Daniel Kimbley:or do something where you look at somebody and you say, oh, it must be nice to have that car or have that house or have that watch or have that relationship or have it doesn't matter what. It is the material. I know I keep talking about material things, and a lot of times it's more. It must be nice to have that much happiness in your life. The reality, though, is that you're probably not going to die by taking the risk of the thing that you want to do in the first place.
Speaker 3:No.
Dr Daniel Kimbley:How many people do we work with who say I wish I could go to X, y, z or I wish I could start my own business? Or I wish I had the guts to be able to quit and move there Right, and all it takes is the thought process like you just shared. Yes, it's such a practical strategy for us. We would sit with each other and we would say what is the worst case scenario.
Speaker 3:Absolute worst case scenario for us always came back to the fact that we have loving parents that would allow us to live with them if desired.
Dr Daniel Kimbley:Yep and we would move back to Indiana move back to Indiana. I had a teaching degree.
Speaker 3:Yeah, I had a physical therapy degree.
Dr Daniel Kimbley:You had a physical therapy license and a physical therapy degree, so we could have.
Speaker 3:We were educated yeah, so we could figure something out.
Dr Daniel Kimbley:So here's what's cool and I'm kind of going out of order in the points, but I feel like it's a perfect time to bring it up Is that there are many definitions of wealth. I think a lot of people think about money as wealth, but what we had in our heads and that no one really taught us is that if you have skills which you have learned At any point in time in your life, at any point in time in your life through, it could be through sweat equity. That means just working your butt off.
Dr Daniel Kimbley:It could be through failures, it could be through programs that you paid for or coaches that you hired, or it doesn't matter where.
Speaker 3:Trade schools or colleges, of course.
Dr Daniel Kimbley:Going to college, which what we just shared about being able to move back to Indiana and still do what we did before. Those are things that can never be taken away from you, and so, really truly what I say in the beginning money just follows, creating value for people.
Speaker 3:Yes.
Dr Daniel Kimbley:And so if you can create value for people through teaching, through, physical therapy, through chiropractic care, through whatever your business is, through whatever it is, however, you're helping people and you don't have to have your own business to do that.
Dr Daniel Kimbley:No, money is always going to follow value, and the more value you can create for people, the more money will follow that. That's just how it happens, and so there's an unlimited flow of it. It's like a river, but the idea is that if you're scarce about it, instead of looking at like we did it's like worst case scenario, we'll still be able to help people.
Heather Kimbley:Right, it just won't be in California. And it might be out of the guest bedroom at my dad's house.
Dr Daniel Kimbley:We weren't going to die and it allowed us to say, okay, I'm going to step into today, willing with a full heart.
Speaker 3:Yes To just serve people Right Connect, create value.
Dr Daniel Kimbley:Yeah, absolutely so, I want to go into wealth, but before we go into wealth yeah, absolutely so, I want to go into wealth, but before we go into wealth, share your. We had very different scary stories of the time when we just had like the most scarce mindset ever. So mine was that sitting on the couch I'm in tears. I would love for you to share the story that we talked about right before this, because I think it's a good one that's even more recent.
Speaker 3:Yeah, sure. So the time that I thought of, when we were in a scarcity mindset, if you will, was a few years ago. We had been doing everything that we thought was right. We were connecting with clients, serving clients, we had a doc with us that was working with us and somehow at that stage in our life something was happening financially where the money just was not flowing in and flowing out the way we had thought at one point.
Heather Kimbley:Wouldn't you agree? It was Because we just came off a record year. Yes, where we were ecstatic. And that was what led us to want to hire an associate doc. Yes, which is the craziest thing about it. Yeah, so to hire an?
Dr Daniel Kimbley:associate doc.
Speaker 3:Yes, which is the craziest thing about it.
Dr Daniel Kimbley:Yeah, so we hired an associate doc. We're paying them a lot, and then I mean it just came down to.
Speaker 3:There was another month where we looked at each other and we had no idea how we were going to pay our bills. That month I had been putting groceries on credit cards and I would say that at the time I was doing it secretly because I knew how frustrated you would get knowing that information. Like you were so scared in some situations that you would kind of take it out on me with the financial aspect. Obviously, I was spending money on Amazon as well, but my grocery bills were being put on a credit card. So I had to tell you that we were literally paying groceries on credit cards and I was the one that was in charge of paying bills at the time and trying to figure out how we were going to take care of all of our employees as well as take care of ourselves financially. And that time specifically, I know for a fact I broke down just in crazy tears.
Speaker 3:Coco was sitting at the lunch table. It was literally lunchtime. She was sitting there just watching me break down likebing because I was so scared. But at the same time, we had God in our lives at the time. So I was asking you I'm like we are literally doing everything that we're supposed to do, we are praying into this, we are doing, we're reading the word, we're like doing everything that we are taught that we're supposed to do as Christians and believers, and so like for us, I think it was like so frustrating in my heart to feel like I don't know what I'm supposed to do. I have been believing that we're going to be able to make it work for us financially, for our money. But you know, like at the same time, it was like I was at this crossroads of like how far, how much more can I take?
Dr Daniel Kimbley:Yeah, Uh, I think there's a couple pieces of context that I should give. So one is that this was our first like real deal associate that we had hired yes, and two in that same timeframe. So this had been we're believers. But that year specifically is when I kind of went all in and said I'm going to start reading the Bible every day, I'm going to start taking my walk more seriously. So in the beginning, first year kind of, was like okay, we go to church on Sundays, that's great. Uh, feels goodorship. I don't really pray, but I'm going to church on Sunday. So like cool yeah. And in my head God was thinking, hey, good job, you never did this before.
Speaker 4:So that's amazing.
Dr Daniel Kimbley:And then Tom love Tom so much he goes one day at dinner he said hey, how is it going reading the Bible?
Heather Kimbley:He called you out yeah, and I said straight up my dude it is so boring.
Speaker 4:Yes, so so that's what you said.
Dr Daniel Kimbley:And this is kind of how I did it. So this will circle back to wealth. I promise this makes sense, cause remember what I said knowledge and skills that you've learned can never be taken from you, and that's an ultimate form of wealth, because you can do anything with them later. So he, tom, asked me hey, what's going on with you in the Bible? I told him it's super boring, was not happy with it, and this is my thought process.
Dr Daniel Kimbley:I'm trying to read Genesis one page by page, and I thought in my head I could just read this like any other book that I would read cover to cover, and I'm just going to read it cover to cover.
Dr Daniel Kimbley:I got to like Genesis six and I think I quit because it was just so boring. So, tomcat, love him so much. He's like hey, why don't you just do a Bible study with me and just see how it goes? There's a three day we read Hosea, and then on day two I'm messaging him saying, hey, hosea is about to end, can we do another one? And then I messaged and he got me a little bit longer one. I think it might've been judges, but this one was like six days. And then he says on the fifth day hey, can we do another one? And so he keeps on throwing me in. And then that just became my habit. Um, I liked that version of Bible study that he sent me. So I've just been rolling on it now for what? Three years, yeah, yeah, so like unbroken streak reading every day. But the reason I share that is because when we started to go even harder- and I'm going to read the.
Dr Daniel Kimbley:Bible every day, yes, and I'm going to pray every day, yes, and I'm going to do the other things that I believe are right, that would allow me to excel, and part of this is faulty mindset to the things that I thought would allow me to excel in my business are what I'm going to do, and I had to. I think the lesson in all of it was that, hey, you're still chasing, like a number of the bank account, yes, and what you should be chasing is God's heart A hundred percent, and so that experience all of the stress and the confusion of I'm doing everything right and everything's getting worse and we have to.
Dr Daniel Kimbley:Literally, we ended up letting our associate go a year early on their contract even though they were amazing. All of that came down to the fact that I was trying to build this whole thing on an identity and an ego.
Speaker 3:Yes.
Dr Daniel Kimbley:And I was blocking the wealth that could have been because it was built on something that wasn't like shit, wasn't the right foundation.
Heather Kimbley:Right, and so it all had to get torn away.
Dr Daniel Kimbley:Oh yeah, so that was all. Of that was 22 to 23 that that happened. 24 was pretty much a rebuilding year, which was amazing.
Heather Kimbley:Great 2024.
Speaker 3:Yeah.
Dr Daniel Kimbley:And that leads us into this place of, for me, really realizing what scarcity means, and I think for you too, in a lot of ways. And the biggest thing, when I look back on all of it, it's like we've always been taken care of thing.
Speaker 3:When I look back on all of it, it's like we've always been taken care of, always, in every circumstance, even when we weren't believers. Yeah, we were still always taken care of. There was always something good that came out of every single situation. We learned something in every single situation. Our characters were built in every situation. It was so much growth.
Dr Daniel Kimbley:Yeah, so, again, like we're hitting all the lessons that I wanted to talk about early, so I'll circle back to it again. But the what's crazy is your confidence is created in chaos. That's good, where you get your certainty from. So, the more chaotic, and I think the name of the game is really to build up a certain level of willpower and grit and things we talk about with the front part of the brain, right, that would allow us to deal with more chaos and be unafraid and know that we'll be taken care of. And that gets us into a really interesting conversation, because if we talk about scarcity, then the other side of scarcity would be abundance, and I'll just use a synonym.
Dr Daniel Kimbley:We'll talk about wealth, okay, because I think that most people, like I said before, when we talk about wealth, we talk about money, but that's one small, tiny piece of it and I would say, even within money, really resources, because it doesn't have to be money. It could be houses, or it could be, in some instances, a car, or, some instances, certain types of jewelry. It could be a lot of different things, right, but there are four aspects to wealth in my opinion, and I would love to talk about each of them and kind of get your take on them. So, starting with number one, which is health, so you've ever everybody's heard the cheesy thing Wealth is health, wealth is health. Yeah, yes, so when that?
Speaker 3:but when you hear that, what do you, what do you think of? I mean, in some capacity. Obviously that is accurate, Because if you are unable to take care of yourself, how are you going to be able to serve and connect and take care of other people? So I feel like that's a huge thing, Like that is one of the reasons why we got into what we got into as far as like brain-based chiropractic care, because our parents some of them have passed at such an early age and the others are barely hanging on in some capacity and we did not want to be the parents that our daughter Coco has to take care of when she's like in her 20s and 30s. We want to be joyful and moving and loving and thriving at all ages and so we can enjoy ourselves and the time with our family.
Dr Daniel Kimbley:Yeah, so obviously physical right. We can talk about brain health. I would just say physical in general. Right, the physical body is one aspect of health. I think there are two others, though is mental? So brain health which you just mentioned, yeah, your dad has his own struggles with. I don't want to say mental health necessarily, but certainly degenerative disease neurologically.
Heather Kimbley:Yeah, which is a mental piece of it, right?
Dr Daniel Kimbley:Yes, and then and you have some if you want to speak on that, you totally can.
Speaker 3:Well, I would say that there were some underlying, like addictions, that created that degeneration as well because of his mental health.
Dr Daniel Kimbley:Yeah, for sure, and we'll talk about that in another episode and then the last one. So we talk about mental, we talk about physical and then spiritual. I think spiritual health is key.
Speaker 4:And one of the things.
Dr Daniel Kimbley:If you guys haven't picked it up, I'll just make it abundantly clear that I think that our lives change for the better and allow me to be a better person for like, especially the team.
Heather Kimbley:Yeah.
Dr Daniel Kimbley:The way I show up with danielle and the way I show up with west and the way I show up with george and now nadege. Yeah, like I think that the spiritual piece of it for me is what allowed me to realize that one of the biggest resources you could have in your life is people. Yes, and not to be used, but just to like help grow and build and genuinely actually care about people for the first time, maybe ever.
Speaker 3:Yeah, I think too, for like to speak on our team specifically. We don't have family here, so like they truly are our family and we just want to love on them as much as possible, yeah, no doubt.
Dr Daniel Kimbley:So the spiritual piece is huge because that could get into, we can get into, like connection with God, yes, how that pours over into all the other areas. But I think that's a point right. Is that even in off a record year twice and then had the lowest of lows the following years, the thing that's been able to consistently pull us out has been a spiritual health, yes, which is a version of wealth.
Speaker 3:A hundred percent yeah.
Dr Daniel Kimbley:And I might even go to argue that it's the highest version of wealth. Yeah, and if we look at the Bible, there's examples of that. We'll we'll talk about those later. Next, uh, next layer or component of wealth, if you will be time.
Speaker 4:And so you've heard a lot of people say, well, if I just had more time and one of the.
Dr Daniel Kimbley:I saw this video. There's a guy named Bradley and he asked someone I can't remember if it's in sales call or what, and you guys have heard me talk about this too where he asked them, he says okay, if I gave you $10 million today, would you take it? Yes, of course. Yeah, if I I gave you 10 million dollars today, but you only had 24 hours left to live, would you take it?
Speaker 3:yes, no, I don't know what are you?
Heather Kimbley:so are you asking me this question, oh?
Dr Daniel Kimbley:okay so if you could only live for another 24 hours and you took the 10 million dollars, you would take it I mean there's no reason sure. So you're saying money is more important than time? No, I thought I only had 24 hours to live, no matter the circumstances, if you take $10 million, then you only get another 24 hours to live?
Speaker 3:I misunderstood. Yes, okay, absolutely not.
Speaker 4:Yeah, because—.
Speaker 3:I thought you were saying no matter what, I only had 24 hours to live.
Dr Daniel Kimbley:Because time is more important resource than money. Okay, okay, and I think everybody would mostly agree with that.
Speaker 3:I retract my statement.
Dr Daniel Kimbley:Yeah, that's great, it's perfect To some, to the person that says you know what? This is the only life I got, so why not just spend it all on 24 hours? What would you say to that? That's a great question, yeah, I think I mean that's an amazing question. I I mean, first I would ask them about what their relationships are with other people, right? So if they don't have relationships that are meaningful with anybody else, then that's probably going to be their number one idol is money, and maybe time wouldn't matter as much.
Dr Daniel Kimbley:But I also believe if I could sit with that person and have a conversation with them about what truly mattered to them, we could probably get them to a place where they would change their thought process. I'm going to change their mind, but I bet we could pull out of them that they would probably want to be around to do some cool stuff.
Dr Daniel Kimbley:Evolve a little bit more whether it is have a relationship for the first time. Maybe it's do something that they never did with their mom or dad, like rectify some situation. I'm sure there are some things that they would do yeah they could that, regardless of the money, they couldn't do unless they had relationships. Yes, and that's where it gets into this idea of like, what is real wealth? Right, we have health, we have time, which is important.
Speaker 4:We have relationships which I mentioned.
Heather Kimbley:Relationships are key.
Dr Daniel Kimbley:And you know we talked about spirituality and health, but I would also say, like, relationship with God is another one of those key relationships. Yes, and then the last one is resource, which is money.
Speaker 3:And tangible things, like material things, yeah. And assets and whatever.
Dr Daniel Kimbley:Yeah, but most tangible things really aren't wealth, because they don't build anything Right. Lasting, that is yeah, so it has to be lasting in some way, and so, when we look at wealth, what I really want to get to is this idea of and I said this before is that you are your greatest investment? Yes, and there are for sure going to be some haters.
Dr Daniel Kimbley:That's like no stock market, no real estate, but you're your greatest investment, right, and I don't think there's anything greater. If you invest, if you spend money on, we talk about what the brain pays attention to in the reticular activating system, right? So your brain's going to pay attention to three things what you value, what you're afraid of and what is new in all situations. Yes, okay, so all situations. What's your value, what you're afraid of and some stuff that's new. And when I say afraid of, like things that are scary. So if we think about you being your greatest investment, what you spend your money on is going to tell us what your values are.
Dr Daniel Kimbley:So someone who people say this all the time I can't afford to eat XYZ Organic, or, yeah, you guys order your chicken from Indiana because, it's really the only farm that we can get great, great chicken from, and I know a lot of people who have like a problem with that.
Dr Daniel Kimbley:Where they for real have a problem with that, they say it's stupid. It's a stupid waste of money. But what's interesting to me, the resource of money, if we talk about wealth, is not as important as the time that I believe I will get on the back end to spend with my daughter and still be healthy yes, or the time that I will spend in and out of the hospital later in my life because I chose not to take care of my physical health. Right, and so you can kind of see what's really interesting if you look at yourself as your greatest investment. When I talked about wealth, all of these things overlap each other. Your health influences what you can do with your time, cause if you had all the time in the world, you have no health to do it. The time really doesn't matter.
Dr Daniel Kimbley:Right If you're sitting on a bed if you have same thing, if you have all the money in the world but you can't spend any of it because you're stuck in the hospital, it doesn't really matter, right? And the same thing is true with relationships. If I'm sick and I'm in a coma because I destroyed myself my entire life, or I can't remember anyone because I have Alzheimer's, from neurodegenerative disease, all of those, the relationships, don't matter anymore, right?
Dr Daniel Kimbley:So, ultimately, when we look at wealth, you have to look at it holistically. Yes, Going back to you are your greatest investment. So it's what you put in your body, right, it's what you put into your soul spiritually, it's the relationships and the people that you surround yourself with. It is the time that you spend and where you spend that time, or buy back that time in certain places. Yes, what are you thinking?
Speaker 3:No, I just like.
Dr Daniel Kimbley:Wes go ahead, sorry no.
Speaker 3:I was just thinking like one of the things we talk about is profit at our office and like profiting not only financially, but you get to profit from life experiences, whether that be with family or long-term life experiences like having that time, Love it.
Speaker 4:Ask you like why do you think so many people have that like not problem, but why can't so many people figure that out? Does that make?
Dr Daniel Kimbley:sense when you say figured that out, what's the problem? Yeah, like the problem.
Speaker 4:Yeah, like the health is wealth or like.
Dr Daniel Kimbley:Oh, why they can't figure it out.
Speaker 4:Yeah, like I mean we have so many clients that can't figure it out still, but like why? Yeah, I hear it from you.
Speaker 3:Daily, yeah. So the question is like why are there so many people out there that can't figure out why health is wealth?
Dr Daniel Kimbley:Yeah, I think that it comes down to we are. There's a couple of reasons. So the first reason I think that arguably the most important reason and impactful reason is because we are raised. Most of us are raised that way. Think about all of the times that were raised in society where someone says if you don't have anything wrong, wrong with you, if you don't have any symptoms, then you are healthy. Right, Except for I can speak. I love her, I miss her. My aunt was healthy up until she went into the hospital because she had some sight in some sensory issues and they found stage four brain tumor. Uh, that ultimately killed her a few weeks later. Yes, so she wasn't healthy. Up until they did that scan. That tumor had been growing long before she ever had symptoms.
Dr Daniel Kimbley:So if symptoms were an indicator of health, then the whole sick care model would actually work in the first place. But it doesn't. We're taught differently. We're taught differently. So a lot of people are simply raised in a world to believe that if nothing's wrong, then, I'm fine, right, and my dad would have been a great example as well. Oh, yeah, absolutely I talked to my dad a week before he passed away.
Dr Daniel Kimbley:He told me everything's fine and now he's not here, right? So again, if lack of symptoms were health, then he would still be here. Yeah, but that's not true. So that's one reason. I think the other reason that people don't get this is because they we think that we have way more time than we actually have, and that's crucial. But what's also? There's this paradox. Right, we think we have more time than what we actually have, but most of us don't look on a long enough time horizon to think about what it's going to be. It's hard for someone to think about what it's going to be like when I'm 90. If they are having a hard time dealing with their day to day life in the first place.
Speaker 3:Yeah, like somebody that's like, stressed and overwhelmed with every single thing the first place. Yeah, like somebody that's like, stressed and overwhelmed with every single thing. You are literally living moment by moment to get through the day, versus trying to plan years and years and years in advance on like what life could could look like at that time Exactly, and that's what.
Dr Daniel Kimbley:that's where it's hard, because our brains are wired to look for scary stuff. Now it's harder to look for scary stuff. Now it's harder to look into the future, so we have to take active steps in order to do that.
Speaker 3:But even for me Like what does that mean? Like, how do you do that?
Dr Daniel Kimbley:Yeah, I mean, one active step would be for me to just think about the fact that, okay, I'm gonna turn 40 this year and I wanna be around for another 40 years At least. Yeah, it is really, really hard for me to think about. I've lived exactly half of my life and I still have half left. So if I wake up in the morning and my knees are stiff, I'm starting to think about well, what am I going to do today? So this doesn't just continue to extrapolate. We're so inundated with the day to day.
Heather Kimbley:Right.
Dr Daniel Kimbley:That it's hard to live for. It's hard to live our lives as if we were going to be around 100 years from now.
Speaker 4:For sure.
Dr Daniel Kimbley:Nowhere teaches or talks about that, by the way, right, I mean listen to like today's music, mainstream. It's all about me. I can do whatever I want. Nobody can touch me, me, me, me. I'm going to make my decisions, I'm going to live my life. Yolo, you only live once and that's great, like that's true, kind of not true, because there is an eternity. But if you look at, you only live once here and I make decisions from that paradigm, then I'm going to destroy myself.
Speaker 3:You're technically making scarcity mindset decisions yeah.
Dr Daniel Kimbley:And so again it just goes back to like you've got to open it up, Like the principle is to look at it on a longer timeline, Right, and I think the best place to get principle from really is the Bible, Because if you look at the Bible, one of the principles in there timeless principle is that there is an eternity.
Dr Daniel Kimbley:Yes, that you will be forever, so the decisions that you make here should influence what will happen when we make the transition to there. Right, but most people are taught myself included growing up is that well, everything's fine, don't worry about anything unless you have a problem, and then we can be reactive.
Speaker 3:Reactive is the key right there, yeah.
Dr Daniel Kimbley:And there's so much more. So, like just kind of wrap that up again, it's like you are your greatest investment. What you pour into are things that can never be taken from you. And we talk about investment. We could talk about chiropractic school things that can never be taken from you. And we talk about investment. We could talk about chiropractic school. We can talk about a number of things.
Heather Kimbley:Let's just jump into the lessons real quick.
Dr Daniel Kimbley:So there's kind of four lessons, four takeaways that I want everybody to take away from this episode and just jump in. So the first one is that energy is a greater wealth than money in your bank or time, and we talked about that a little bit before when we talked about defining wealth okay if you don't have the energy to spend your time and you don't have the energy to spend your money.
Dr Daniel Kimbley:Energy matters, right. So a lot of people look like what's my roi when they think about what am I going to invest in? Or like what business am I going to start, or whatever. I think a way better question is what's my return on energy? Because if I'm tanked at the end of the day and I can't show up for my family, well, because I'm chasing money or you can't make the decisions that you need to make Exactly.
Dr Daniel Kimbley:I make poor decisions because I have no energy, because I've tapped myself trying to run a red line forever. Roi is one thing return on investment but I think ROE return on energy is a more important thought process.
Speaker 3:So how do you go about that?
Dr Daniel Kimbley:Yeah, it's just to look at like optimize your life for energy. So I'll give you an example of this. When I was in chiropractic school, I didn't know this at the time, I didn't think about it this way because I still had a lot of my poverty mindset. I definitely didn't have a relationship with God. But what I realized, like this morning, I wanted to do nothing. I was so unmotivated. I felt burnt out.
Dr Daniel Kimbley:I felt that yesterday, too, I canceled a bunch of commitments that I had yesterday evening Right so that I could just sleep, and when I think about it, what all I was doing is optimizing for energy. So I slept eight and a half hours instead of seven and a half, so I got a whole other hour of sleep this morning. I could have been working on things, but I chose to sit in a sauna with you this morning and put on some worship music and then read the book that I was reading, which was super impactful for the season of life that I'm in right now.
Dr Daniel Kimbley:Again, energy, so it actually gave me fuel, then I got in a cold punch right after that and so like these things seemingly sound stupid, but it reset me to have energy to come in here and be able to do this today. And so that was me optimizing for energy. Realizing that I'll give you another optimization for energy. Realizing that part of the reason I feel like trash today is because I ate a whole bunch of ice cream last night.
Dr Daniel Kimbley:Celebration for Coco Like a whole bunch of ice cream last night Celebration for Coco, Like a whole bunch of ice cream last night. So I'm not like. It's not like. I'm not human Right. And Danielle mentioned this too. Before she left. She was like hey, you should really talk about like people. She said I think people look at you and they just think you're a freak because you normally wake up at three 45. You're so extreme. I am extreme, but it's almost bad because I'm extreme in my habits. I'm extreme in my routines. Yes, I'm extreme, Like I've had extreme addiction. Yeah, Everything I do is extreme and I don't know that that's necessarily healthy. But what I would say is that, regardless of whether you're extreme or not extreme, the idea should just be to optimize what works for you for energy levels.
Speaker 3:Right.
Dr Daniel Kimbley:Because, if you have a return on energy. You'll get a return on investment.
Speaker 3:So like would you say an example of that for, like the moms out there that need their self-care time, that is, their return on energy in order to be present? Yeah.
Dr Daniel Kimbley:But how many moms do that? Most moms go. I don't have time for that. We'll focus on the kids first, Right? I don't have time for that. We'll focus on the kids first, Right? I don't have time for that.
Dr Daniel Kimbley:I got to do this thing then this thing then this thing, yes, and then they're just tapped and they burn out. And, luckily, in the next episode, we're going to talk about burnout, we're going to talk about family and we're going to talk about all the chemistry involved in burnout in the brain, which is cool. So, yeah, and I think the other another practical tip would be to ask what's something going to cost you, not just in terms of money, but in terms of energy, in terms of time, in terms of, yes, finances as well, joy, joy, but what's it going to cost me? A great example of this would be like, I think, a lot of, and this is advice for entrepreneurs, not for people who are not. So for me, I'll give an example.
Dr Daniel Kimbley:I think the stock market is not the best place to invest money. There are a very specific set of reasons that I believe that, but part of the reason is because the energy that it zaps for me to worry about whether the stock market is going to go up or down, or if I'm going to lose half of a stock portfolio because this whole stock market crashes, is way more energy and stress involved than just me going. I know how my business operates. I'm going to put my money back into my business, which I know better than anybody else does, and let that return for me.
Dr Daniel Kimbley:Investing back into your business, investing back into yourself, ultimately, yeah exactly and we could look like what the return on investment is. If we want to look at percentage over the course of the seven years that we've been, yeah, and it's huge, but that's because we operate from this. Like what's going to give me the most energy. I could buy real estate, but it would stress me out. We could have kept our house in Indiana, but it would stress me out. For me, the cost of the mental stress is too high to be able to do those things and so that may.
Dr Daniel Kimbley:That may not be like the normal thing If you're a W2 employee not the case for everybody, yeah, and even for some people who are entrepreneurs like they're going to disagree with it but I think for us and for me, it's a return on energy, which is why I can roll through and I can look around me and just feel like so happy and appreciative and grateful of the life that we have built because it's filled with joy and fun and it's not a stress, right, and even though we have stress, it's not a stress. Yeah, it doesn't have more energy Makes sense. Yeah, I would agree. So, number two understanding I already said this you are your greatest investment. If I would have decided not to go to chiropractic school, so most people would look at like you're going to go to chiropractic school. You're going to get $300,000 in debt.
Speaker 3:Right.
Dr Daniel Kimbley:I never looked at it as debt. The richest people in the world leverage debt all day long to like they will borrow against their other, like accounts that they have and assets and stuff and assets. They will borrow against those because they realize that, like you, can borrow and use someone else's money to make a gain. So I borrowed money from the government and basically like, just as an example these aren't real numbers, but let's just say so I borrowed $300,000 from the U S government to go to chiropractic school.
Speaker 3:Yeah.
Dr Daniel Kimbley:The return on that has been a million dollars over the last seven years. Like that sounds cool, but most people if they were sitting and I was like, hey, if I give you, if I told you you could, $300,000 a day, but you're going to get a million in seven years, would you do it? Most people would probably say yeah, I don't know anybody who wouldn't. And we could have said a million in three years and it would have made it much more enticing. So again, it's a return on investment.
Speaker 3:To us it wasn't a debt, it was an investment and knowledge and skills that no one can ever take from me Right, and we can also add like we've taken the risks of you working with certain people that were very large investments in, like financial investments that have created so much more clarity around certain things and you've learned so much for yourself as well that we've been able to use for years to come. Like that's the biggest thing. I feel like when you're investing in yourself, you have that knowledge for the rest of your life, and a lot of people don't really realize that when they are making that initial investment in themselves, it's like what is the return right in this moment? How much money am I going to have to put up right in this moment? And it's scary.
Dr Daniel Kimbley:Yep, and that's again goes back to like why don't more people do X, y, z? It's because they don't look at the long term Right. They're not in it for the long term.
Speaker 3:Right.
Dr Daniel Kimbley:We want payoff today instead of delaying that gratification as long as possible, which is key. So you're your greatest investment. I think it's true, just for chiropractors. I think it's important to are we good Wes? Yeah, she had a question. Okay, one second, sorry, you don't go ahead. Important for chiropractors, too, to understand that if you aren't willing to invest in yourself, I don't know how you could ever ask someone else to do it.
Speaker 3:Like a client or a patient, if you will.
Dr Daniel Kimbley:I see so many people who struggle with I'm not going to hire a coach, or I'm not going to eat clean, or I'm not going to do that, or I'm not going to do this, and I don't want to do this long-term. I don't want to be locked into a long-term contract. But then they're upset when people don't want to stick with them for more than two visits and I'm like you got to be the kind of person who's going to do exactly what you're asking your people to do, or it's an incongruency, and again it just comes down to value. So for me, I get adjusted every single week and I will continue to forever. I adjust my daughter twice a week. Every week She'd been adjusted since she was 15 minutes old. Why? Because we value the longterm of what it means to actually be vitalistic in the first place.
Speaker 3:Yeah, I feel like that's really powerful what you were saying, um, in regards to like other chiropractors, and if they're not willing to do it for themselves, how can they expect for somebody? Else to invest in them. Um, like that is powerful, and can you give some more examples as to like how other circumstances would be for that that's a great question.
Dr Daniel Kimbley:I love the one of the ones. So I was coaching a guy who I love dearly and it came up where my question to him was hey, what is your relationship like with God? And he got kind of teary eyed and it was a pretty heavy moment for us and I'm just sitting on the call listening to him kind of air it out. And he was telling me, you know, he's frustrated with God. He doesn't feel like God's followed through on some of his promises that are in the Bible.
Dr Daniel Kimbley:And I'm sitting there listening to him as he's kind of venting to me, and then he pauses and he goes oh my gosh, he's like the way that I treat God is the same way my patients treat me, wow. And so I asked him I'm like what do you mean by that, dude? That's powerful. So powerful You're having a huge breakthrough in this moment, right now.
Speaker 3:But what do you mean by?
Dr Daniel Kimbley:that and he said well, I only go to God when I need something from him, so how could I expect anybody else to come to me? We talk about this idea of investment. How do we get people out of that mindset of sick care model?
Speaker 3:Or.
Dr Daniel Kimbley:I only need help when I'm broken. And he realized in that moment he's like I treat God the exact same way that my people treat me. Wow, when everything's good. I don't need you, but when there's a problem, I'm going to come running to you. Yeah, and so when he, he literally saw this inconsistency in his life of us having this conversation and that's completely transformed Like his business has grown, his relationship with his wife has grown.
Dr Daniel Kimbley:All kinds of cool stuff so cool Just as a result of him realizing that my value system is incongruent from place to place to place. So that's one simple example. I love that.
Speaker 4:Yeah.
Dr Daniel Kimbley:So you are, your greatest investment is number two. Number one was your energy is the greatest form of wealth that you could have, greater than money. Uh, obviously, there are four aspects to it. Number three God is a multiplier. This, in my opinion, is how you overcome scarcity. So I'm going to read some scripture because I think it's super important to talk about these, but remembering that God is the multiplier. Okay, so you can do a lot of things on your own and, trust me, I was trying to do everything on my own when we talked about losing.
Speaker 4:We were we had to let go of an employee.
Heather Kimbley:Yeah.
Dr Daniel Kimbley:And the financial situations that we've been in. It was me trying to build it all on my own. And so 2 Corinthians 9, 10 says this and the one supplying the seed to the one sowing and bread for eating will supply and multiply your seed and will grow the fruits of your righteousness. So that's second Corinthians right, the one supplying the seed. The one supplying the seed is God. Yes To the one sowing is us Right, and he will multiply it and grow the fruits of our righteousness. So, again, going back to what I just said, depending on how we show up as people and as human beings is going to determine what is sowed in the fruits of our righteousness.
Dr Daniel Kimbley:Next one, psalm 115, verse 14, the Lord shall increase you more and more, you and your children. So again, god is a multiplier. He wants to increase us, but he can't do it if he knows it's going to break us. This is why we've had the financial struggles that we've had, because he wants to be able to trust us with more, yes, but if I had more? And I continue to buy stupid stuff and you have to continue to put stuff on credit cards and groceries.
Dr Daniel Kimbley:He's like I can't trust you with that. I need you to get out of your debt, and I'm not saying that's a bad thing because I just shared that, but in that case it's not. It doesn't make sense. Yeah, and we get into the parable of the three guys who were given certain amounts of money, one multiplies it, the other one multiplies it, the other one buries it in the ground. It's all through the gospels holes.
Speaker 3:The same thing is true. Well, that also comes into like you can say and like for other people that aren't believers talking about, like those that win the lottery that they've never had money before.
Dr Daniel Kimbley:They don't know how to use it properly and so they lose it all completely. Yeah, mostly, I'm pretty sure, like every lottery winner ever. Exactly yeah, cause it's a shift in mindset. And then Malachi 3.10 says I will open the windows of heaven for you and pour out all the blessings you need all the blessings you need. We have had, in every single season of our lives, all the blessings we would possibly need.
Speaker 3:Need is the key word there too.
Speaker 4:Yeah.
Dr Daniel Kimbley:Yeah, so there are things that we want. I think he's promised us those, but he's like I can't trust you with what you want, but I'll give you what you need.
Speaker 3:Exactly. I'll take care of you.
Dr Daniel Kimbley:That's why we've never not been taken care of a hundred percent. And there's their fruit in knowing that.
Dr Daniel Kimbley:So, again, if we look at, if we talk about money, the greatest wealth and investment that you could possibly make is in yourself. Through your failures, through your struggles, through the things that you thought were going to break you and kill you, actually made you stronger and that's why, for the first time, like I don't talk about money very, very rare. But to sit and talk on a podcast about money I feel like is a result of this right here, is like we've always been provided for and I can trust that so much now that it just becomes a part of me and it's a way to be able to help other people do the same but you got to remember that God is a multiplier.
Dr Daniel Kimbley:And then I won't read the scripture, but Deuteronomy 28,. You should just read it. That's like um what love it? Love Phil Robbins. He talks about the D 28. Oh yeah, and his book and his book.
Dr Daniel Kimbley:Yeah 28 zone is where it's at. So I remind myself of the D28. It's really good Every single day, so go read Deuteronomy 28. So number one was you energy is greater than money. Number two you are your greatest investment. Number three God is a multiplier. And then, lastly, having more money will not solve your problems. It will magnify the problems that you already have. And just to like kind of put a bow on it really quickly, remember when we moved into our house? Yeah, so we moved from our little tiny like two bedroom that we were, I was on the couch crying, not knowing how we were going to pay At one point. Yeah, and we moved into another home and insane ocean view, something that I never could have dreamed of living in, and I didn't even think I was worthy of living in it at the time.
Speaker 3:Yeah.
Dr Daniel Kimbley:And I realized that there's like a chaos to abundance, so you don't realize that. Well, electric bill costs more and there's all these other little things you know like.
Dr Daniel Kimbley:Some of these sounds so silly, but the what it takes to like do blackout curtains on the backside of a house that has all windows looking at the ocean to be, able to sleep better, or having to open, like, all these sets of blinds every day and every night to go to bed and like there's just so many little things that are seeming like it just makes life more chaotic and more busy. Yeah, um, you have a bigger house. So then it's like, well, how do we keep the whole place clean? And it's not like we have a big place now.
Dr Daniel Kimbley:But realizing that if you think money is going to fix your problems, it's not, it's just going to magnify, it's going to make it worse All the places where you're incongruent with it and I think we saw that a lot when we moved into our new place. And so just remembering that you have to be able to gain from disorder and learn the lessons that can be carried with you for a lifetime, and I think that's how you master the money game, I think that's how you master the wealth game, I think that's how you master this idea of, like abundance versus scarcity.
Dr Daniel Kimbley:It's like there's going to be challenge. It has to be that way because you're going to build the muscle and the strength to be able to deal with more later, or it's going to break you because you chose not to grow.
Speaker 3:That makes sense. That's good.
Dr Daniel Kimbley:Nadege, you had a question a long time ago, sorry you answered it already, though right after, which is hilarious.
Heather Kimbley:But I was going to ask how did you work through the poverty mentality after taking up that loan to go to school and being confident in the long-term goal practically, but then you answered it by saying God's a multiplier.
Dr Daniel Kimbley:Yep, god's a multiplier. We didn't have God then, though that's an interesting piece.
Speaker 3:So working through the poverty mindset with investing into school, yeah, like, how did you do that?
Dr Daniel Kimbley:I think so. Working with the poverty mindset of investing into school, I looked at it again like this what's going to, what's my return on energy going to be if I continue down the path that I'm already on?
Speaker 3:Which you felt broken, which?
Dr Daniel Kimbley:was brokenness, darkness, addiction and I clearly wasn't getting any return, like I was just more and more in a spiral 100%. Yeah. So for me it's like, okay, what's the worst case scenario? I have to file bankruptcy one day.
Speaker 3:Yeah.
Dr Daniel Kimbley:Like Abraham Lincoln filed bankruptcy twice, I think, yeah, and there you know, that's just one silly example. But you look at, like Abraham Lincoln is bankruptcy twice, I think, and that's just one silly example. But, you look at like Abraham Lincoln's a great example. Look at how many times he failed, oh yes.
Dr Daniel Kimbley:Tons and tons and tons of times, and yet he's one of the greatest, most prolific presidents. So again, that goes back to that last point of like. What you have to do is be able to gain from the disorder and continue to move forward and realize that all of the challenges, all the struggles, are just something that are being, are there to build you and make you stronger and make you better, so that you can be entrusted with more with more.
Speaker 3:Yeah, god can multiply. Yes, that's good.
Dr Daniel Kimbley:But he can't multiply it if he doesn't trust you.
Speaker 3:Trust that's. That's good, but he can't multiply it if he doesn't trust you.
Dr Daniel Kimbley:Trust, that's powerful, yeah, it's just. And trust in yourself too. He already thinks, he already looks at you in a way like, if I looked at myself like I'm not worthy of having a certain level of financial abundance and I I'm talking like this is just money, this could extrapolate to many other places, but we can just talk about money If I look at myself as not being worthy of having a certain level of financial abundance, that goes directly against the promises of God being a multiplier. What's Malachi say?
Dr Daniel Kimbley:I will open the windows of heaven and pour out out pour out the blessings that you need All of them but if I don't think I'm worthy enough, then that means I don't believe him. Yeah, and I don't trust him, and so a lot of this doesn't have anything to do with money. It has to do with your belief about yourself and who you think that you are and who you were designed to be?
Speaker 3:Would you also say that those that aren't following through with their purpose and passion, like there's no way that they're going to be able to have the wealth that they truly could have, because they're not in line with that?
Dr Daniel Kimbley:They might be able to have the wealth, because I think that sometimes God will like, he'll allow people to build these huge things and have the wealth and the financial abundance, but I would say they really don't have wealth. What they have is just resource.
Speaker 3:Not true wealth.
Dr Daniel Kimbley:Yeah, because a lot of times if you look at mental, spiritual, emotional health like health is a version of wealth, right? Yeah, a lot of those people are just completely spiritually bankrupt.
Speaker 3:Yes.
Dr Daniel Kimbley:Or misguided Absolutely, and the idol becomes money. And then they wonder why. Everything I buy, I'm happy with it for a minute and then I'm not happy anymore. So that's one. And then we could get into energy, we could get into um, you know time, all those things we could get again. I think energy is a big one where it's like oh, I have the money, but I don't have the energy. Yeah, just like people like with retiring or vacations and things like that I have all started.
Heather Kimbley:We'll talk about another. Yeah, retirement, yes, remind me to do that, yeah, what else that's good question, yeah ask what? So what would you say?
Speaker 4:that because you said you don't like it, ruth like all the stock market, um, would you say, investing into yourself. In the long run, would it actually create physical wealth because you're taking care of your mental?
Dr Daniel Kimbley:um, yeah, that's a good question.
Speaker 3:You can answer it if you want no, I was just going to repeat the question.
Dr Daniel Kimbley:Go ahead so I think that I think that you are your greatest resource. So for me as an entrepreneur, if I take money out of my office bank account and I go somewhere and I put it in the stock market, and whether I invest it on my own or I give it to someone at Edward Jones or whatever, I'm taking money out of my own business and I'm putting it into hopes that someone else's business is going to do well. Why would I not have the trust that my own business is going to do well and put it back in my own? So that's an entrepreneur mindset, specifically for that's where some of this gets tricky, because it can't just be a blanket statement for everybody, and entrepreneurs are like 7% of the population, but you guys are both. I'm going to call you both entrepreneurs. So just something to think about.
Dr Daniel Kimbley:The other thing is that when I invest in myself, it's something that can never be taken away. I can invest in stocks, in 401k and let's just man. There's so much and I don't want to be, I don't want to get this into a financial argument, but it's going. It's going to for some people. I'm probably going to step on toes and whatever. It's fine.
Dr Daniel Kimbley:But I got to say it Okay, if I take money and I put it in a 401k today, let's just say that something happened in my business where I'm like, okay, I need $50,000 tomorrow to be able to do X, y, z with, let's say, like I couldn't make payroll, I got to pay West, I got to pay Nadege, I got to pay Danielle. This is a silly example. If that money's in a 401k, like, I'm going to have to pay a 50% penalty to get that money to be able to pay them. So 50% of it I'm gonna have to give up, plus taxes. So like you guys see how like this becomes a problem really quickly.
Speaker 3:And what's the timeframe on being able to get that out? Yeah, it depends.
Dr Daniel Kimbley:So like I'm not saying it's bad to invest in the stock market, but like I would want to invest in my business first and have my money in places where I can capitalize on it as quickly as possible. So, from a human value perspective, if I learn new knowledge and new skills and I become more valuable to other people, by default money will have to flow to me because money is just an energy. Like I love how Brad Gibbs said it. He said that money is nothing more than a way to transfer wealth. Wealth is what I say health, time, relationships and resources. So for resource, money is a way to get me a house, which is just a transfer of energy, money into a different resource, which would be like an asset, like a home money.
Dr Daniel Kimbley:I'm trading money, my money for knowledge and skills, which is an asset which can never be taken away. By the way, doesn't matter if the stock market goes up or down, it doesn't matter if you went bankrupt tomorrow, right, it doesn't matter if there's a credit card collector that's knocking on your door saying, hey, you got to pay this 25 K, what we got to do, monthly payments or whatever Like if you invested in something to learn a skill can never be taken from you, and so I think that's key, because there's no like human life value is the most important thing. If I'm investing in some like, let's say, hiring someone to do social media for me, that gives me back my time.
Heather Kimbley:Yes.
Dr Daniel Kimbley:Right, which is also. It's just a transfer of wealth. I'm transferring money into something that's going to give me more wealth. My time back, I'm paying money and energy, and energy, because that is a draining energy for you, draining energy if I go to a chiropractor and I pay money to the chiro and I get adjusted, but I get a return on energy, I get a return on brain clarity I can return on all the things again. Money just transfers wealth. It's an energy, it's a vehicle to transfer wealth around, so like.
Dr Daniel Kimbley:But most people don't think about it that way yeah they think about it as like I don don't have enough, there's never enough. There's always enough. It's a matter of figuring out how to create enough value and transfer enough wealth to be able to get it to you, to then transfer it again to someone else so that you gain more knowledge, skills, assets, time, energy, resource, so that you can continue to level up the game. And that all happens up here. None of it happens in this physical world or in the bank.
Dr Daniel Kimbley:Yeah, exactly. Yeah, that's really good. I know I went a little bit deep for a second. No, it was good. What else? All right, fam, that's it for this episode. We love you guys and we will come at you again next week. Peace.
