Mike interviews Lawrence Sprung.
Today, we have a conversation to redefine how you think about wealth, happiness, and the essence of living a fulfilling life. We enjoyed talking to Lawrence Sprung, the man behind “Financial Planning Made Personal: How to Create Joy and the Mindset for Success.” Buckle up because this episode is about transforming your approach to money and joy.
We kick things off with a deep dive into the pursuit of happiness. Lawrence presents a refreshing perspective: happiness isn’t just a destination; it’s a journey paved with joyful moments. Think about it. How often do we chase that ever-elusive happiness, only to feel it’s always out of reach? According to Lawrence, these moments of joy are the building blocks that lead us toward that end goal. It’s not about hitting the goal but about recognizing and celebrating incremental progress along the way. This idea is powerfully echoed in Jordan Peterson’s quote about happiness as the realization of progressing toward a goal. For Lawrence, this might very well be the essence of joy.
Lawrence introduces us to his concept of the three-legged stool: mental, physical, and financial health. Imagine sitting on a stool with one leg shorter than the other. Impossible, right? These three areas are interdependent. Neglect one, and the others wobble. This metaphor underscores the importance of a balanced approach to overall well-being. Lawrence emphasizes that improving any one area positively impacts the others. It’s a holistic approach that’s crucial for a fulfilling life.
We also dive into a fascinating discussion on entrepreneurship and philanthropy featuring Elon Musk. Lawrence shares a profound insight from Musk: philanthropy isn’t just about donating money; it’s about creating businesses that solve world problems. Think about Tesla’s mission for sustainable energy. That’s philanthropy in action! Lawrence urges us to adopt an entrepreneurial mindset, whether it’s a side gig, writing a book, or any endeavour that raises awareness and funds for causes close to our hearts. Entrepreneurship is about creating value and giving back, no matter the scale.
Lawrence’s personal story adds a robust layer to our conversation. He shares how losing his mother at a young age propelled him into a mission-driven life. This personal loss made him realize that time is finite and we must act with urgency. He talks about setting goals with clear deadlines to create focus and drive. Remember the pre-vacation productivity phenomenon? That’s Parkinson’s Law in action. When you set tight deadlines, you achieve more in less time. Lawrence’s advice is clear: set ambitious yet realistic timelines for your goals. You’re still winning if you miss the mark but make significant progress.
Another gem from our conversation is Lawrence’s take on work-life harmony. Forget work-life balance, which implies a trade-off. Harmony is about integrating work and life seamlessly, especially for entrepreneurs. It’s about creating a life where work and personal moments bring joy and fulfillment. Lawrence and his wife have mastered this by ensuring their business activities align with their family goals, creating a harmonious and joyful life.
Lawrence’s philosophy extends to creating memorable moments for his clients. He shares a heartwarming example of planning a retirement celebration for a pilot client. This event isn’t just a financial milestone; it’s a significant, joyful moment that Lawrence and his team orchestrate. It’s a testament to how his approach to financial planning goes beyond numbers, focusing on enriching lives.
We couldn’t wrap up without some book recommendations. Lawrence suggests “The Power of Moments” by Chip Heath and Dan Heath, a must-read for anyone looking to create meaningful experiences in their personal and professional lives. This book aligns perfectly with his philosophy of designing joyful moments that leave a lasting impact.
This episode is a treasure trove of insights. Lawrence Sprung’s approach to financial planning is a breath of fresh air in a field often dominated by dry numbers and profit margins. His focus on joy, integrated well-being, and a mission-driven life is inspiring and actionable. Whether you’re an entrepreneur, a corporate executive, or someone looking to find more joy in your financial journey, Lawrence’s book “Financial Planning Made Personal” is a guide worth exploring.
Mike Fallat, aka The BookMan, is the owner of Dreamstarters Publishing and the Million Dollar Book Agency. They have helped 300+ entrepreneurs become bestselling authors. His goal is to help 1,000 entrepreneurs publish books and teach them how to use their books as a gateway to generating 7-figures.
Visit website for more information: https://www.milliondollarbookagency.com/
[{"id":2474,"link":"https:\/\/blog.milliondollarbookagency.com\/dana-caspersen-author-of-changing-the-conversation-the-17-principles-of-conflict-resolution\/","name":"dana-caspersen-author-of-changing-the-conversation-the-17-principles-of-conflict-resolution","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2025\/01\/Dana-Caspersen.png","alt":""},"title":"Dana Caspersen - Author of \"Changing the Conversation: The 17 Principles of Conflict Resolution\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jan 20, 2025","dateGMT":"2025-01-20 11:00:00","modifiedDate":"2025-01-17 16:47:41","modifiedDateGMT":"2025-01-17 16:47:41","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":48},"status":"publish","excerpt":""},{"id":2469,"link":"https:\/\/blog.milliondollarbookagency.com\/melissa-smith-author-of-hire-the-right-virtual-assistant-how-the-right-va-will-make-your-life-easier-create-time-and-make-you-more-money\/","name":"melissa-smith-author-of-hire-the-right-virtual-assistant-how-the-right-va-will-make-your-life-easier-create-time-and-make-you-more-money","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2025\/01\/Melissa-Smith.png","alt":""},"title":"Melissa Smith - Author of \"Hire the Right Virtual Assistant: How the Right VA Will Make Your Life Easier, Create Time, and Make You More Money\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jan 17, 2025","dateGMT":"2025-01-17 16:08:32","modifiedDate":"2025-01-17 16:08:35","modifiedDateGMT":"2025-01-17 16:08:35","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":19},"status":"publish","excerpt":""},{"id":2459,"link":"https:\/\/blog.milliondollarbookagency.com\/beverly-kaye-author-of-love-em-or-lose-em-sixth-edition-getting-good-people-to-stay\/","name":"beverly-kaye-author-of-love-em-or-lose-em-sixth-edition-getting-good-people-to-stay","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2025\/01\/Beverly-Kaye.png","alt":""},"title":"Beverly Kaye - Author of \"Love \u2019Em or Lose \u2019Em, Sixth Edition: Getting Good People to Stay\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jan 10, 2025","dateGMT":"2025-01-10 11:20:00","modifiedDate":"2025-01-09 15:28:32","modifiedDateGMT":"2025-01-09 15:28:32","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":7},"status":"publish","excerpt":""},{"id":2454,"link":"https:\/\/blog.milliondollarbookagency.com\/stephen-skelton-author-of-viticulture-2nd-edition-an-introduction-to-commercial-grape-growing-for-wine-production\/","name":"stephen-skelton-author-of-viticulture-2nd-edition-an-introduction-to-commercial-grape-growing-for-wine-production","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2025\/01\/Stephen-Skelton.png","alt":""},"title":"Stephen Skelton - Author of \"Viticulture - 2nd Edition: An Introduction to Commercial Grape Growing for Wine Production\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jan 9, 2025","dateGMT":"2025-01-09 15:11:29","modifiedDate":"2025-01-09 15:11:33","modifiedDateGMT":"2025-01-09 15:11:33","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":20},"status":"publish","excerpt":""},{"id":2448,"link":"https:\/\/blog.milliondollarbookagency.com\/david-brier-author-of-rich-brand-poor-brand-how-to-unleash-your-david-in-a-world-of-goliaths\/","name":"david-brier-author-of-rich-brand-poor-brand-how-to-unleash-your-david-in-a-world-of-goliaths","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2025\/01\/David-Brier.png","alt":""},"title":"David Brier - Author of \"Rich Brand Poor Brand: How to Unleash Your David in a World of Goliaths\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jan 6, 2025","dateGMT":"2025-01-06 16:03:34","modifiedDate":"2025-01-06 16:03:37","modifiedDateGMT":"2025-01-06 16:03:37","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":22},"status":"publish","excerpt":""},{"id":2438,"link":"https:\/\/blog.milliondollarbookagency.com\/stephanie-seneff-author-of-toxic-legacy-how-the-weedkiller-glyphosate-is-destroying-our-health-and-the-environment\/","name":"stephanie-seneff-author-of-toxic-legacy-how-the-weedkiller-glyphosate-is-destroying-our-health-and-the-environment","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/12\/Stephanie-Seneff.png","alt":""},"title":"Stephanie Seneff - Author of \"Toxic Legacy: How the Weedkiller Glyphosate Is Destroying Our Health and the Environment\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Dec 31, 2024","dateGMT":"2024-12-31 15:18:24","modifiedDate":"2024-12-31 15:18:28","modifiedDateGMT":"2024-12-31 15:18:28","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":41},"status":"publish","excerpt":""},{"id":2420,"link":"https:\/\/blog.milliondollarbookagency.com\/steve-selengut-author-of-retirement-money-secrets-a-financial-insiders-guide-to-income-independence\/","name":"steve-selengut-author-of-retirement-money-secrets-a-financial-insiders-guide-to-income-independence","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/12\/Steve-Selengut.png","alt":""},"title":"Steve Selengut - Author of \"Retirement Money Secrets: A Financial Insider's Guide to Income Independence\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Dec 23, 2024","dateGMT":"2024-12-23 11:00:00","modifiedDate":"2024-12-21 16:20:18","modifiedDateGMT":"2024-12-21 16:20:18","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":7},"status":"publish","excerpt":""},{"id":2393,"link":"https:\/\/blog.milliondollarbookagency.com\/dr-steven-yacovelli-author-of-your-queer-career-workplace-advice-from-the-gay-leadership-dude\/","name":"dr-steven-yacovelli-author-of-your-queer-career-workplace-advice-from-the-gay-leadership-dude","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/12\/steve-yacovelli.png","alt":""},"title":"Dr. Steven Yacovelli - Author of \"Your Queer Career: Workplace Advice from \"The Gay Leadership Dude.\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Dec 16, 2024","dateGMT":"2024-12-16 11:53:00","modifiedDate":"2024-12-13 17:53:56","modifiedDateGMT":"2024-12-13 17:53:56","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":49},"status":"publish","excerpt":""},{"id":2385,"link":"https:\/\/blog.milliondollarbookagency.com\/janelle-brittain-author-of-how-to-say-it-performance-reviews-phrases-and-strategies-for-painless-and-productive-performance-reviews\/","name":"janelle-brittain-author-of-how-to-say-it-performance-reviews-phrases-and-strategies-for-painless-and-productive-performance-reviews","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/12\/Janelle-Brittai.png","alt":""},"title":"Janelle Brittain - Author of \"How To Say It Performance Reviews: Phrases and Strategies for Painless and Productive Performance Reviews\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Dec 13, 2024","dateGMT":"2024-12-13 17:42:59","modifiedDate":"2024-12-13 17:43:03","modifiedDateGMT":"2024-12-13 17:43:03","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":0},"status":"publish","excerpt":""},{"id":2369,"link":"https:\/\/blog.milliondollarbookagency.com\/paul-falcone-author-of-101-tough-conversations-to-have-with-employees-a-managers-guide-to-addressing-performance-conduct-and-discipline-challenges\/","name":"paul-falcone-author-of-101-tough-conversations-to-have-with-employees-a-managers-guide-to-addressing-performance-conduct-and-discipline-challenges","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/12\/Paul-Falcone.png","alt":""},"title":"Paul Falcone - Author of \"101 Tough Conversations to Have with Employees: A Manager's Guide to Addressing Performance, Conduct, and Discipline Challenges\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Dec 10, 2024","dateGMT":"2024-12-10 15:09:01","modifiedDate":"2024-12-10 15:09:05","modifiedDateGMT":"2024-12-10 15:09:05","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":11},"status":"publish","excerpt":""},{"id":2362,"link":"https:\/\/blog.milliondollarbookagency.com\/julie-winkle-giulioni-co-author-of-help-them-grow-or-watch-them-go-career-conversations-organizations-need-and-employees-still-want\/","name":"julie-winkle-giulioni-co-author-of-help-them-grow-or-watch-them-go-career-conversations-organizations-need-and-employees-still-want","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/12\/Julie-Winkle.png","alt":""},"title":"Julie Winkle Giulioni - Co-Author of \"Help Them Grow or Watch Them Go: Career Conversations Organizations Need and Employees Still Want\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Dec 5, 2024","dateGMT":"2024-12-05 17:12:14","modifiedDate":"2024-12-05 17:12:18","modifiedDateGMT":"2024-12-05 17:12:18","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":48},"status":"publish","excerpt":""},{"id":2346,"link":"https:\/\/blog.milliondollarbookagency.com\/jessica-pettitt-author-of-almost-doing-good-doing-the-best-that-you-can-with-what-you-have-some-of-the-time\/","name":"jessica-pettitt-author-of-almost-doing-good-doing-the-best-that-you-can-with-what-you-have-some-of-the-time","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/11\/Jessica-Pettitt.png","alt":""},"title":"Jessica Pettitt - Author of \"Almost Doing Good: Doing the Best That You Can With What You Have Some of the Time\"","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Dec 2, 2024","dateGMT":"2024-12-02 11:04:00","modifiedDate":"2024-11-30 19:11:42","modifiedDateGMT":"2024-11-30 19:11:42","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":51},"status":"publish","excerpt":""}]