The Best “Dad” Financial Advice that Money Can’t Buy

At some point or another, you may have bumped into different spiritual teachers or wandered into a few magically inclined spaces who espoused ideas like money is “just energy” or that the key to achieving financial abundance is all about “shifting your mindset”. At Holisticism, we feel that just ain’t it.

Over the next few weeks, we’ll be chatting with different guests and hearing from you, our dear community, on several aspects of financial well-being and what it means to manage and grow your finances from a holistic perspective.

This week, we’re lucky to be joined by the one and only Greg Pellizzon (Michelle’s Dad!) to kick off this exciting series with the best financial advice which, money truly can't buy ;)

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The obstacle you need to overcome is your mindset or your fear, or your self-sabotaging habits.
— Michelle Pellizzon
I think everyone can attempt to be an entrepreneur. I don’t know if that means they’re going to be successful just because they attempt.
— Greg Pellizzon
To be an entrepreneur, you gotta be selfish, but you got to be unselfish. And it sounds bipolar. You gotta be selfish about the pride that you have in the business. But then you gotta be unselfish about the tasks that you’ll do for the business.
— Greg Pellizzon
It’s not going to be easy. Just be prepared for it. There are things you can control and there are things you can’t control. Don’t confuse the two. And don’t blame yourself for things you can’t control. Be ready to zig and zag and change your system if something needs to be changed. Don’t be afraid to change it during that time.
— Greg Pellizzon
Just don’t give up. In the end, you’re gonna have to work harder and work longer. Just don’t quit.
— Greg Pellizzon
It’s a great period. When things are going great, it’s kind of boring because things are going too smoothly.
— Greg Pellizzon
Don’t put yourself in a position where it can be fatal.
— Greg Pellizzon
Hang in there, man, to stay in the game. You have to persevere on some days. If it looks like you’re at the end of your rope, just don’t quit. And in the end, that will help you a lot. That’s the most important thing.
— Greg Pellizzon
That’s one thing about success. You don’t really appreciate it until you’ve gone through a tough period, or you’ve had some trials and tribulations, and then success becomes much more tangible.
— Greg Pellizzon

Show Notes

  • Trying to find your way through the mess of news and what's happening in the world

  • What happened anecdotally in the past, what you can do, what you might want to be afraid or aware of, and what to hedge against

  • Year 2008 vs the year 2001 vs today

  • Greg Pellizzon, as described by his very own daughter, Michelle

  • Bridging the gap between parents and children

  • How trusting yourself more leads to success

  • The main reason Greg went to be an entrepreneur

  • Can all people be entrepreneurs?

  • Hiring people that are loyal, rather than skilled

  • Being selfish and unselfish at the same time, for the sake of the business

  • How to start and grow a business?

  • The culture of being an entrepreneur

  • Using obstacles to your advantage

  • When you’re your biggest obstacle

  • Recession versus financial crisis

  • Bull markets and bear markets

  • The emotion of losing money versus the emotion of making money and being greedy

  • What could happen when you don't trust your government

  • Industries that are going to be good industries to be in during a recession

  • Non-recessionary bear market

  • Humility as the first component of integrity

  • What creates a fatal event for a company?

  • Enjoying downtime!

  • What happens when you're over-levered?

Resources and People Mentioned