The Tim Ferriss Show Reflection – #260: Setting Goals, Making Money, and Overcoming Tough Times — Phil Hellmuth

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Phill Hellmuth Podcast Summary

Always loved listening to Tim Ferriss podcasts- with him interviewing world class leaders in their industry.

This podcast is an interview with Phil Hellmuth- one of the world greatest poker players. I found Phil to sidetrack quite a bit in this podcast, with Tim having to steer him back to the key topics.

 

Learning Points:

- Be focused. Phil has a a goal list and a blessing list on his mirror and he looks at them daily. The key is to be focused on his life goals and appreciate his many blessings in life.

- The importance of money management. You may not have the best skills but with money management, you WILL be one of the best.

Phil was the youngest to win the World Series of Poker (WSOP) at his time and he bought a penthouse condo and a few cars. He was struggling to pay off the maintenance fees of $800 bucks monthly a year later.

- Lastly, this struck me the most. To have a supportive partner / circle of friends.

Antonio Gracias (Independent Director of Tesla Motors) asked Phil Hellmuth, 'Without your wife, how many WSOP bracelets would you have won?'

Phil Hellmuth is the winner of 14 WSOP bracelets. 'Probably 9, 7?'

Antonio 'Are you sure it will be that many?'

Phil was enlightened.


Source: The Tim Ferriss Show - #260: Setting Goals, Making Money, and Overcoming Tough Times -- Phil Hellmuth

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