Apr 14, 2020
It's always been assumed that
capitalism creates trauma and that money is the root of all evil
but what if we view it like technology? It's not good or bad
objectively; it's just a tool. So, then the only root question is,
'What is your energy, what's your intention with which you use
these tools?' That's the inner work of looking at yourself and
your relationship with money." - Tim
Can business be
a force of change for good?
Wellness Force Radio Episode 334
Managing Director and Partner at Mayﬁeld Fund, Tim Chang, shares how money
can be used as energy to help humanity, how to stop being afraid of
money and start seeing its powerful purpose, and why he focuses on
purging himself from his possessions.
Learn why your first job is to get out of scarcity in
order to take real radical ownership of your life.
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Listen To Episode 334 As Tim
[1:30] Surrendering To The Universe
- Finding Joe
- Awakened Futures Summit
- Mayﬁeld Fund
- The power of tuning into the present and focusing on what
you're grateful for in
- Instead of asking yourself, 'Is the glass half empty or half
full,' just see it as, 'Oh my gosh! There is a glass and you can
put water in it.'
- The power of being grateful for what you do have in life and
and tools we now have at our disposal.
- His experience in Silicon
Valley and how he surrendered to these ideas of who he is in
- How he's shifted his focus on life from collecting points to
seeing it as an art form.
[14:00] Can Business Be A Force For Good?
- Why the key to success is not to keep looking over your
shoulder but to find your own voice.
- Rather than being so focused on competition,
think about what you stand for and why you're doing what you're
- His own journey of uncovering what he stands for and what can
best serve humanity.
- How you can do well in this world by doing good acts throughout
- Shifting your viewpoint on money from
it's "good" or "bad" to see it as just a tool. (17:50)
- Why there is no such thing as a work-life
balance because all that you do should be a reflection of who
you are at your core.
- The fact that if you're nervous or insecure, those feelings
will be expressed in all of your relationships from teammates and
customers to interactions with your spouse.
- How the energy that
business founders and management put out
into the world shape the culture and values of their
[19:40] Buying Freedom With Money
- Eckhart Tolle
- His early childhood memories of money and how it impacted his
opinions of self and wealth.
- Why money may not buy happiness but it can buy freedom.
- How to acquire money as a tool and resource to help
- His mission to figure out how to give others money in the most
impactful way, pay it forward, and have it be an evergreen
- The big awakening he had that our possessions
come to possess us and how he’s trying to free himself of
- Why your first job is to first get out of scarcity so that you
can find your voice and share it with the world.
- The increase of interest in co-living
communities rather than everyone living on their own to
- Why we have a fear of money and are afraid to ask for more for
the work that we do for the world.
- The traumatic effects that capitalism
has had on society's past and present pursuits for money.
[26:10] The Psychological Effects Of Wealth & Money
- Jordan Peterson
- Exploring systematic
desensitization around wealth and money.
- Why we naturally double the amount of money we spend when our
- Letting go of unnecessary purchases and looking to buy things
that truly serve you and your purpose.
- The truth about money and why just having it is not enough to
get you ahead; you have to become the entrepreneur
of your life. (30:00)
- Taboos surrounding personal finance and why
we’re so resistant to even discuss it with friends. (33:00)
- How we can get rid of the idea that money is bad and increase
society’s literacy in personal finance.
- What we can do to improve for-profit business
models so that they are more regenerative in the forms of
donations and grants to help the world. (35:30)
- What he’s the most excited for in the future of developments of
[37:00] Up Leveling Today’s Society
Power Quotes From The
Do Well By Doing Good
"Can business be a force of change for good? Can it create
things that provide more meaning, love, or connection? Can it be
better for the planet? I don't know but I still believe that you do
well by doing good." - Tim Chang
The Work-Life Balance Myth
"There's no separation between work and play nor does a
work-life balance exist because your work is a reflection of who
you are in life." - Tim Chang
Management's Inner Energy
"All businesses and organizations are an expression of the
Founders' and managements' inner energy. So, if you tune into that,
that's what truly shapes cultures and values." - Tim
Links From Today's Show With Dr.
About Tim Chang
Tim Chang is Managing
Director at Mayﬁeld Fund, focusing on investments in mobile,
gamiﬁcation, digital media, social science-based businesses,
quantiﬁed self, eCommerce, & adtech in the US & China. From the
cutting edge of psychedelic technology to Burning Man, Tim brings a
level of consciousness & out-of-the box thinking to Silicon Valley.
He led the funding for Tripp a mind-altering technodelic VR
company. Tim is an accomplished musician as well as a body &
consciousness hacking enthusiast.
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