THE ED MYLETT SHOW

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What if the reason you're not wealthy yet has nothing to do with how much money you make — and everything to do with the habits you haven't built?

In this mashup episode, I'm bringing you one of the most eye-opening and practical conversations about money, wealth-building, and financial discipline I've ever had on the show. If you've ever wondered who actually becomes a millionaire, what it really takes to get there, and whether you're on track — this episode is for you. I'm breaking down the real statistics behind wealth in America, and the numbers will surprise you. Less than 0.1% of people make a million dollars a year five years in a row. The income gap between the top 1% and everyone else is widening at an accelerating rate. And yet, people making $500,000+ a year are four times more likely to file bankruptcy than the average person. Making money and keeping money are two completely different skills — and most people only have one of them, if that.

I share the financial mistakes I've made personally — cars repossessed, homes foreclosed on, power and water shut off — and how those painful experiences forced me to build the habits that eventually created wealth. Whether you make minimum wage or seven figures, the habits of a wealthy person must start where you are right now — not when you "make more." Because the truth is, if you don't save money when you're making very little, you won't save it when you're making a lot.

This mashup also dives deep into the number one skill every entrepreneur must develop: the ability to persuade and influence. I break down how to become evangelical about your mission, how to transfer energy, why repetition is the mother of skill, and why most people dramatically overestimate their ability to communicate. I sit down with Jen Gottlieb to talk about why building a personal brand is the greatest investment you can make right now — whether you're a stay-at-home mom, a CEO, or someone just starting out. And we get into the deeper question behind all of it: What would you do if you had all the time in the world? Because the ultimate goal of wealth isn't stuff — it's freedom. It's the ability to spend your life doing what fulfills you, serving people with your gifts, and never having to be anywhere you don't want to be.

Key Takeaways:

• Why less than 0.1% of people make a million dollars a year consistently
• The real income gap statistics and what they mean for your future
• Why people making $500K+ a year are 4x more likely to file bankruptcy
• How to calculate your Financial Independence Number (FIN)
• The three buckets you need: emergency fund, savings, and investments
• Why paying yourself first is the single most important financial habit
• How living below your means — and staying there as income grows — builds wealth
• Why most millionaires made their first million in ONE business before diversifying
• The myth of "multiple streams of income" and why focus beats diversification early on
• The #1 skill every entrepreneur must master: persuasion and influence
• How to become evangelical about your mission and transfer energy to others
• Why repetition and role play build the reflexes you need under pressure
• How to build a personal brand that opens doors — no matter your career
• Why owning your email and text list matters more than social media followers
• The difference between being happy and being fulfilled — and how wealth buys you the time to find both

You don't need to know how you're going to finish. You just need to start the habit. One decision to save, to budget, to build, to focus, can completely change the trajectory of your family's future. There is a version of you that is financially free, totally in control of your time, and living your calling. That version of you is waiting on the other side of discipline.

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Everybody wants the next level. Very few people ask what the next level costs. This week is about the Law of Sacrifice — the principle that growth is not just about what you add to your life, but what you are willing to release.

Law 18 in John Maxwell's 21 Irrefutable Laws of Leadership is the Law of Sacrifice, and John teaches it with one of the most demanding lines in the entire series: a leader must give up to go up. I open this episode by breaking down why greater leadership usually brings greater responsibility, not greater comfort, and why your willingness to sacrifice often has to grow with your influence.

I share the difference between early-career sacrifice and later-career sacrifice, because what got you to one level can become the very thing that keeps you from the next. Maybe being involved in every detail helped you build the company, but now it prevents the company from scaling. Maybe being the smartest person in the room made you feel safe, but now it keeps stronger people from wanting to work with you. Growth requires subtraction too.

I also explain why sacrifice is not the glorification of misery. It is alignment. Great leaders do not sacrifice randomly — they sacrifice intentionally, giving up lower priorities for higher ones, ego for mission, convenience for calling, and immediate gratification for long-term significance. And I walk you through what I call the sacrifice exchange: a two-column exercise to close the gap between what you say you want and what you are willing to pay for it.

Here is what you will gain from this episode:

Give up to go up: Why every new level of leadership requires you to build something and leave something behind.

Knowing vs. willingness: Why most people already know what they need to change — the real question is how badly they want the future compared to how badly they want the comfort.

Early vs. later sacrifice: How the nature of sacrifice shifts from working while others play to letting go of control, ego, and identity.

Growth requires subtraction: Why the biggest breakthroughs in your life may come from what you are willing to release, not what you are willing to add.

Sacrifice and value: How to tell what somebody truly values by looking at what they are willing to give up for it.

The sacrifice exchange: A two-column exercise — what I say I want on the left, what it requires on the right.

One intentional sacrifice: How to identify a single, meaningful sacrifice for the next seven days that is directly connected to your priority.

At the end of your life, nobody is going to give you an award for holding onto everything. Your next breakthrough may not be waiting on another opportunity — it may be waiting on your willingness to release something that no longer belongs in the future you are building. Decide what is worth paying for, and let go of the rest.

This is part of a new series releasing every Thursday. Click the link above to download the free workbook and track your rep for every law.

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Jesse Itzler is back on the show, and this conversation goes deeper than business. From founding Marquis Jet (sold to Berkshire Hathaway's NetJets) to co-founding ZICO Coconut Water (sold to Coca-Cola), Jesse's entrepreneurial resume speaks for itself — but what he really wants to talk about is your life resume.

In this episode, Jesse and Ed unpack the mindset shifts that separate people who exist from people who live. Jesse shares the concept of "last visit energy" — a practice born from visiting his aging parents that completely changed how he shows up for the people he loves. They discuss why most people play life on defense, letting other people fill their calendars, and how Jesse flips the script by aggressively planning his life years in advance.

You'll learn about the Japanese tradition of Misogi — picking one big, year-defining challenge every single year — and why Jesse believes if you can't find one day every eight weeks for yourself, your work-life balance is broken. They dig into friend reduction, the power of "yes, and" people, why grit is the biggest indicator of future success, and the sobering truth that 80 is still 80.

This one will make you think differently about time, presence, and what you're putting on your calendar.

🔥 Here's What You'll Gain From This Episode

• The "Life Resume" framework — why your work resume fills itself in, but your life resume takes intention, and how to start building one that actually matters

• "Last visit energy" — a mindset shift that will change how you show up for the people you love, starting today

• The Misogi method — how to pick one big, year-defining challenge every year so you can look back and actually remember your life

• Playing life on offense — Jesse's system for aggressively planning your calendar before other people fill it for you

• The mini-adventure strategy — one day every eight weeks that could give you 300 unforgettable experiences over a lifetime

• Friend reduction — how to curate your circle around "yes, and" people who energize you instead of draining you

• Grit as a one-way ratchet — why pushing through suffering permanently raises your baseline, and how to apply it to parenting, business, and life

• "80 is still 80" — the sobering reminder that postponing things is often just quietly canceling them

• Lessons from an empty nester — the regrets parents share most, and how to avoid waiting until it's too late to be present with your kids

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What if the secret to getting people to like you, trust you, and say YES has almost nothing to do with what you say and EVERYTHING to do with how you make them feel?

In this powerful mashup episode, I'm bringing together some of the greatest minds in communication, persuasion, and human connection to reveal one of the most important skills you can ever develop: the ability to make people feel truly seen, heard, and understood. I'm joined by Charles Duhigg, Zoe Chance, Eric Thomas, Lewis Howes, Chris Voss, and Dean Graziosi to break down what separates people who struggle to connect from those who can walk into any room and instantly build trust and influence. Whether you're trying to grow a business, close a deal, strengthen your marriage, or become a better leader, these conversations will completely change how you interact with the people around you.

Charles Duhigg shares an incredible story about a struggling CIA agent who became one of the agency's greatest recruiters, not by becoming a better persuader, but by learning to connect emotionally. He also reveals a powerful three-step communication technique called "looping for understanding" that can transform even your most difficult conversations. Zoe Chance breaks down the science of charisma and why people make decisions emotionally first and justify them logically second. She reveals that the two most important ingredients of charisma are connection and confidence, and that you don't have to be the loudest or most impressive person in the room to become the most influential.

Eric Thomas brings a perspective that every leader needs to hear: you cannot truly influence people you haven't taken the time to understand. He explains why the greatest communicators stop focusing on what THEY want to say and start discovering what other people actually need. In my conversation with Lewis Howes, I share the three principles that have helped me build extraordinary success: identifying your greatest gifts, genuinely caring about people, and becoming obsessed with mastering your craft. I also open up about how growing up with an alcoholic father taught me to read people's emotions and how some of your greatest strengths can actually come from your deepest pain.

Former FBI hostage negotiator Chris Voss reveals why listening is one of the most powerful negotiation tools in the world. He shares a remarkably simple technique called "mirroring" that can get people to open up by repeating just a few words they've said. I even share how using one of Chris's techniques completely changed a heated negotiation in my own life. And Dean Graziosi takes these principles into one of the most important areas of our lives: relationships. He opens up about the mistakes he made in his first marriage, why keeping score destroys intimacy, and how learning to experience love through GIVING rather than receiving transformed his marriage, his happiness, and even his business success.

Here's what I want you to understand: People don't remember every word you say. They remember how you made them FEEL. I've learned that being a great communicator isn't about dominating conversations, having the perfect response, or proving how intelligent you are. It's about being PRESENT. It's about listening without interrupting, asking better questions, matching someone's emotional energy, and making them feel like they're the most important person in the world at that moment. If you want to become more influential, build deeper relationships, and create opportunities you never imagined possible, stop trying so hard to be interesting and start becoming genuinely INTERESTED.

Key Takeaways:

The secret to instant connection: Why making people feel heard and understood is more powerful than having the perfect thing to say.

Charles Duhigg's three-step communication technique: How "looping for understanding" creates trust and deeper conversations.

The science of charisma with Zoe Chance: Why connection and confidence matter more than being outgoing or naturally charming.

Eric Thomas on authentic influence: Why understanding what people need is the foundation of powerful communication.

My three principles for building success: Discover your greatest gifts, genuinely care about people, and become obsessed with excellence.

Chris Voss's FBI negotiation technique: How mirroring someone's last few words can unlock conversations and defuse conflict.

Why emotions drive decisions: How people connect emotionally before they respond to facts and logic.

Dean Graziosi's relationship breakthrough: Why keeping score destroys connection and giving love can transform your relationships.

The power of nonverbal communication: How eye contact, body language, facial expressions, and matching someone's energy build instant rapport.

How to become unforgettable: Why acknowledgment, thoughtful questions, and following up after conversations make people feel truly valued.

I want you to walk away from this episode with a completely different understanding of influence. The greatest communicators aren't the people who make everyone notice THEM. They're the people who make everyone else feel IMPORTANT. And when you master that skill, you won't just become more persuasive. You'll become a better spouse, parent, friend, leader, and human being. Stop trying to impress people. Start making an IMPACT on them. That's how you build relationships that change your life.

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Being busy is one of the easiest ways to lie to yourself. You can work twelve hours a day, answer every email, take every meeting, and still go home without moving your life or your business an inch. This week is about the difference between activity and accomplishment, and why great leaders refuse to confuse the two.
Law 17 in John Maxwell’s 21 Irrefutable Laws of Leadership is the Law of Priorities, and I believe it is the most practical law in the entire series. We live in an economy of distraction where everyone wants a piece of your attention, and if you are not intentional, you can give your entire life away ten minutes at a time. I open this episode by breaking down why leadership gets harder as opportunities multiply, and why the real skill is knowing what not to do.
John teaches this one from lived experience. More than thirty years ago, a single paragraph in a college business textbook changed the way he works, and he has been a student of priorities ever since. He explains why he only does four things, and he walks through the three questions he uses to find the top twenty percent that drives his results.
I'll share how I divide my day into three mini days, challenge you to build a standard around your time, and give you a priority audit to run before the week begins. I also ask what truly deserves your best energy in this season of your life.
Here is what you will gain from this episode:

Activity vs. accomplishment: Why a full day can feel productive and still leave your life exactly where it was.

Three priority questions: The simple filter that helps you find the few things worth your best energy.

The Pareto principle: What it says about how you spend your time and the people you spend it with.

Time compression: How three mini days help you evaluate and adjust faster than a single 24-hour day.

Only you vs. happen to be doing: How to tell the difference between tasks that require your presence and tasks you have simply inherited.

The 90-day calendar test: Why your calendar tells the truth about what you value.

The priority audit: A one-week exercise to close the gap between what you say matters and what you schedule.

At the end of your life, nobody is going to give you an award for answering the most emails. Your dreams deserve your best hours, not whatever is left at the end of the day. Decide what gets your best energy before the week begins, and protect it.
This is part of a new series releasing every Thursday. Click the link to download the free workbook and track your rep for every law.

🗓️ New law dropping every Thursday so make sure you're subscribed so you never miss one. Click HERE to Subscribe to my email list to MAXOUT your life (all value, no fluff)Thank you for listening —Please Share it and get the word out!
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