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Published on:

18th Aug 2023

How to Overcome $250,000 in Debt and Rebuild Your Life with Chris Felton

Today, we have a truly inspiring guest with us - the incredible Chris Felton. In this episode, Chris opens up about a pivotal moment in his life that completely transformed his mindset, leading him to incredible success.

In a heated argument with his wife, Chris faces the harsh reality of his financial situation - $250,000 in credit card debt and unable to borrow any more money. But instead of giving up, Chris and his wife make a bold decision to seek advice from wealthy mentors and embark on a journey to turn their financial situation around. This life-changing experience eventually led them to co-author a book called "Couples Money," where they share their story and the powerful lessons they learned along the way.

During our conversation, Chris emphasizes the importance of knowing what you want and taking the time to reflect on it. He suggests scheduling dedicated time to sit down with pen and paper in a calm environment and writing down your true desires, rather than just thinking about them. Additionally, he shares the advice he received from a successful mentor to make a list of your top 25 dreams, highlighting the importance of dreaming big and setting goals to overcome fear and doubt.

Chris also gives insights into the concept of "The Twelve Week Year" and how it helped him break down his annual goals into manageable quarterly goals. Through consistent effort and focusing on weekly strategies and processes, he not only experienced incremental progress towards his income and savings goals but also a complete transformation in all areas of his life.

But the journey wasn't easy. Chris opens up about his own delusion and the dangers it posed to his family. He stresses the importance of taking 100% responsibility for our lives and the power of objective reality. By making a commitment to never return to a state of desperation, Chris shares how he rebuilt his confidence and shares practical tips on how to start our mornings with a positive routine that sets the tone for the rest of the day.

As Chris shares his story, we dive deep into the importance of mindset, the impact of our thoughts, and the significance of taking action and executing a plan. He also explores the influence of money beliefs, forgiveness, and the role of personal growth and development in achieving lasting success.

Don't miss this episode filled with invaluable lessons and powerful insights from Chris Felton. Whether you're facing financial challenges, seeking personal growth, or looking to overcome obstacles in your life, this episode is sure to provide you with the inspiration and tools you need. And stay tuned as Chris introduces us to his new book, "Think and Grow You," which offers a step-by-step guide to transforming your mindset and achieving your wildest dreams.

´╗┐Time Stamps:

00:03:41 Turning point: Divorce, debt, awakening, transformation

00:11:19 Life is both science and art.

00:14:12 Morning doubt, routine sets energy for day.

00:19:42 Guard against delusion, embrace objective reality.

00:27:31 Money attitudes shape life; challenge beliefs. Execute plan.

00:37:11 Be aware, change thoughts, do uncomfortable things.

00:42:12 "Clarity and emotional goal-setting transformed my life"

00:53:03 Reverse engineer goals, focus on quarters. Take action, make adjustments, achieve success.

00:56:51 Bob Proctor fan's vision expands at training. Overwhelm fades with calm urgency.

01:02:14 Just relax, loosen up, know your dreams.

Connect with Chris:

Grab his new book: https://www.amazon.com/Think-Grow-You-Your-Level/dp/1666400181

Instagram: https://www.instagram.com/chris_tgy/

Website: https://chrisfelton.me/

LinkedIn: https://www.linkedin.com/in/chfelton-author-speaker/

Connect with Lance:

Website: Additional Resources:https://lanceessihos.com/

Mastering Adversity Book: https://a.co/d/c8HXL6j

Instagram: https://www.instagram.com/lance.essihos/

Facebook: https://www.facebook.com/universityofadversity/

LinkedIn: https://www.linkedin.com/in/lance-essihos-8a4062171/

­čô║Subscribe to University of Adversity:

Apple: https://podcasts.apple.com/us/podcast/university-of-adversity/id1440306226

Youtube: https://www.youtube.com/@lancewessihos

Spotify:https://open.spotify.com/show/1K6nQdzjR8wg9vBXZAqjH9?si=c007539e318149d3

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About the Podcast

University of Adversity
Welcome to University of Adversity, a podcast where we explore the human experience of overcoming obstacles and achieving personal growth through real-life stories of accomplished individuals. From professional athletes to NY Times bestselling authors, celebrities, spiritual leaders, doctors, scientists, and billionaires, we bring you a diverse range of perspectives on the challenges and triumphs of adversity. Each episode is designed to provide listeners with inspiration, motivation, and practical tools to help them navigate through difficult times. We cover a wide range of topics related to mental health, personal development, self-improvement and resilience building, offering expert insights and actionable advice. Join us as we discover how to overcome adversity, cope with stress, and achieve your goals on this journey of self-discovery and personal growth, highlighting the stories of the everyday heroes among us.

About your host

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Lance Essihos

As an experienced veteran with adversity, Lance has faced some of life's most difficult challenges. Grinding his way through the hockey ranks to traveling the world as a bartender. Through his personal battle with drugs and alcohol for well over a decade, the tragic loss of his brother to suicide followed by the great loss of his father to cancer only a year later, Lance realized he had hit rock bottom. In the darkest of days, he made a promise to himself that he would create a new life, one that would make an impact and inspire the masses, leaving the world in a better place than he found it. Lance has made it his mission to facilitate the message of positive change through adversity and encourage people to see the light through the darkness of life's worst moments.