Orrin Woodward on LIFE & Leadership

Inc Magazine Top 20 Leader shares his personal, professional, and financial secrets.

  • Orrin Woodward

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    Former Guinness World Record Holder for largest book signing ever, Orrin Woodward is a NY Times bestselling author of And Justice For All along with RESOLVED & coauthor of LeaderShift and Launching a Leadership Revolution. His books have sold over one million copies in the financial, leadership and liberty fields. RESOLVED: 13 Resolutions For LIFE made the Top 100 All-Time Best Leadership Books and the 13 Resolutions are the framework for the top selling Mental Fitness Challenge personal development program.

    Orrin made the Top 20 Inc. Magazine Leadership list & has co-founded two multi-million dollar leadership companies. Currently, he serves as the Chairman of the Board of the LIFE. He has a B.S. degree from GMI-EMI (now Kettering University) in manufacturing systems engineering. He holds four U.S. patents, and won an exclusive National Technical Benchmarking Award.

    This blog is an Alltop selection and ranked in HR's Top 100 Blogs for Management & Leadership.

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Productive Investments and Entertainment Expenses

Posted by Orrin Woodward on May 21, 2015

Truth is only sweet to the ears only after a person is sick of drinking the vinegar of repeated failures.

Warren Buffett once said that learning is one of the few things that compounds faster than interest. As a result, understanding the difference between an investment and an expense is an essential part of financial literacy and success. Unfortunately, however, the modern world suffers from the effects of compound interest working against them while having little compound learning working for them.

Nevertheless, the truly successful people apply Buffett’s principles by minimizing compounding debt and maximizing compounding learning. Essentially, this describes LIFE Leadership and its top selling product – the Financial Fitness ProgramHere is a short video from a talk I gave in Wisconsin describing how to focus on production through enterprise rather than escape through entertainment.

Sincerely,

Orrin Woodward

19 Responses to “Productive Investments and Entertainment Expenses”

  1. CJ Calvert said

    Orrin, another fantastic video helping people escape the Financial Matrix. Thanks for leading!

  2. Orrin,
    Thanks for another awesome video. Love this messaging! Escaping the Financial Matrix and leading the way for others!

    Philip

  3. This was such a great talk. Thank you!

  4. I can’t get enough! Keep em coming!

  5. Hilary Dorr said

    Thanks Orrin! Great talk!

  6. Tina Abernathy said

    Excellent! I believe wisdom is truly wisdom when you share it with others. Thanks for sharing

  7. Randy Guyton said

    so many are breaking free of the financial matrix and living the life they have always wanted! The Financial Fitness system has and is helping so many people everywhere, including my wife and I! Thanks Orrin!!

  8. Rick Tillmann said

    Hey Orrin,
    I am making the reading of your blog part of my Club 180 Go Getter discipline and encouraging our teams to do the same. Btw, someone on our team just announced the paying down of $88,000 dollars of their debt, thanks to the application of the Financial Fitness Program!!! How’s that for results???!!!

    • Orrin Woodward said

      Rick, that is FANTASTIC! $88,0000 of debt wiped out by applying the principles of Financial Fitness Program!! 🙂

  9. Excellent Video!

  10. Steve Leuquin said

    Great talk Orrin! Got to see this one live and it spoke to me. Funny, as I was watching it I was up just past 3 AM so I know I must be hungry for success! Thanks for the great reminder in this video clip!
    Steve

  11. Kirk Birtles said

    Thanks Orrin! Escaping the matrix is not easy, but it is definitely worth it! People simply cannot afford to be bad with money in this day and age. Kb

  12. Maura Galliani said

    These principles need to be taught in schools … not only high school and college, but why not starting at the junior high level, too? And you mentioned “work.” Yup, this country sure appears to be growing a culture that does not favor work. Thank you for LIFE Leadership, and thank goodness this community IS making inroads to the education systems of this country! 🙂

  13. AJ Smith said

    “Jedi Master Night Triple Crown winner”. Ha ha ha! It gets me everytime I hear you say it! The funniest part is I remember a time in my life when a huge part of my self esteem was based on these characters and the levels I achieved on them. It is sad that kid only feels like he can find friends through a game.
    Unfortunately, I don’t think many people realize that video games are a very real addiction. I remember when I gave them up at age 18 when I saw the effects it had on some peoples marriages and I didn’t want what they had. It was difficult and I am so grateful that I hadn’t had anything to do with video games for several years before I was married.

  14. Mary Decker said

    Thanks Orrin for another great talk. It is so right on how our culture has gotten into a “do the minimum” kind of mindset. The scary thing, it is subconscious. Thanks again for all you do!

  15. Rob Brown said

    Orrin,
    The problem is it makes sense. Money is supposed to be either worshipped, evil, or a mystery. You have taken that false perception out of it and shown people that it’s just a thing, but a thing that can be used to do a lot of good. Thank you for the common sense!

  16. Alberto said

    Nice one Orrin, in Haiti we are applying these principles in order to get rid of the Financial Matrix.

    Fired up!

  17. John Mossner said

    Great concept I wish we had learned around, oh, about high school. Love the teaching!

  18. Mark Paul said

    Thanks Orrin! I like the wording that learning is the only thing that compounds faster than interest!
    Mark

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