Irrational Money Behaviours Sagotaging High Net Worth Elites with Dr Keving Fleming
Most people think that the 0.1%, rich and successful people like Elon Musk, are happy, healthy and fulfilled, but they don't understand the true cost of success.Burnout, dopamine traps, addiction, mental health issues, and unhappiness are on the rise as the obsession for success grows stronger. In this episode of THE BAD PODCAST, I sit down with Dr Kevin Fleming, a renowned neuroscientist and expert advisor to CEOs and Ultra High Net Worth Individuals, who exposes what's happening in the mind of the 0.1%.What's more, he unveils how his firm's neuro-tech is helping CEOs & UHNW with wellness strategies and better decision-making.WHAT YOU'LL LEARN WATCHING THIS EPISODE🧠 Billionaire money mindset & habits: vision, risk for wealth-building.💰 Smart Minds VS. Dumb Money: Ultra-Rich Paradoxes Sabotaging Wealth🤯 Was Elon Musk’s self-destruction behaviour, like the infamous “I'm taking Tesla private”, a signal of overworking, pressure and burnout?How unexpected wins, big bonuses, exits, and luxury experiences potentiate risk‑taking, overconfidence, and chasing the next hit, much like addictive behavior.💔 Why Many Wealthy, Successful People Are Unhappy?🔥 CEO Burnout and Bad Financial DecisionsSome 52% of more than 2,000 global CEOs and other C-suite execs told HR advisory firm LHH in 2024 that they currently feel overworked and burned out. 🚸 How to teach young children healthy money behaviour for financial successTIMESTAMPS00:00 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1] Teaser Trailer00:34 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=34s] My Guest In THE BAD PODCAST Is Dr Fleming01:35 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=95s] How Grey Matters International Helps UHNW & CEOs03:11 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=191s] Neurotechnnology Solutions for Top Athletes, CEOs & HNW05:47 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=347s] Neuroscience Behind Irrational Behaviour & Change Strategies06:54 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=414s] Research Findings on Addiction & Behaviour Change09:50 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=590s] The Hedonic Treadmill: The Trap for the Wealthy10:26 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=626s] Grey Matters' Approach to Wealth & Happiness11:33 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=693s] Why Do UHNW Struggle with Irrational Money Behaviours?12:40 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=760s] Is Elon Musk's Self-Destruction a Signal of CEO Burnout?13:26 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=806s] Dopamine Bombs Sabotaging Us14:40 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=880s] Addiction15:30 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=930s] Neurophysiology & Personality Disorders17:49 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=1069s] Why Mental Health Issues & Addiction Are Rising In Corporate Leadership24:30 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=1470s] The Double-Edge Sword of Dopaminergic Reward Circuitry24:54 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=1494s] CEO Wellness at Board-Level: A Holistic Approach28:14 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=1694s] Why Many Wealthy & Successful People Are Unhappy34:30 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=2070s] Mistakes High-Performers Do Fueling Their Self-Destruction38:35 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=2315s] Succession Challenges & What The Rich Teach Their Children42:52 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=2572s] The Hidden Costs of Wealth in a World Obsessed with Success44:56 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=2696s] Final Thoughts on Burnout Prognosis & Wellness45:37 [https://www.youtube.com/watch?v=m3nUTWMSmWc&list=PL6iOxsHInTq7bVD9jMH-YG4OmgK15gmdS&index=1&t=2737s] End credits, Feedback, Next EpisodeABOUT DR KEVIN FLEMINGDr Kevin Fleming (BA, MA, PhD from the University of Notre Dame) is Founder of Grey Matters International, Inc, a one-of-a-kind neuroscience-oriented behavior change firm that leverages the most salient fMRI-based research around decision making, mental health and self-regulation shifts that uniquely influence the UHNW client. With distinctive successes that include published work inside a NY Times/Wall Street bestselling book and endorsements from both Harvard Medical and Business School faculty, Dr. Fleming’s work spans the globe with wide array of executive clients, as well as former NFL players, Washington DC politicians, a Rock n Roll Hall of Famer, and an invite to speak to cabinet members for the King of Jordan around his thought leadership.👉 Follow Dr Fleming here
https://kevinflemingphd.com/www.greymattersintl.com / greymattersintl [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa0hFcUl3LTZXVzNlOHdSOUxEYlRLUFlQeVRXZ3xBQ3Jtc0tuSkJabmpubFNKQllldWRoZFZHUGJEdnY2NTd2MXhRcGxjd3pHS0hhRm94Nm1VSnFib01CYW5ZZUctVVQzdUstVndVcHNxUlZYdHJuVnhKZjg5elUyMnhReWR5QUJ4dGNrRTQ0QlhPRHdoeHpMc19lWQ&q=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fgreymattersintl&v=m3nUTWMSmWc]🎙️THE BAD PODCAST with Georgios StathousisListen to unfiltered conversations with scientists, athletes, founders and leaders to understand the science, habits, and mindset behind discipline and high performance. You’ll gain real-world knowledge and easy-to-follow blueprints to become your best, smartest, fulfilled self. 👇 New episodes on self-improvement, business, smart personal finance & wellness every Wednesday.