Maximizing Your Physical, Intellectual, & Social Capital | AWM Insights #165

Understanding the different types of Human Capital is critical to building multi-generational wealth. The three main types are Physical, Intellectual, and Social Capital. Each plays a role in building wealth and leading a more flourishing life.Your Physical Capital is your strength, your natural talents, and your ability to stay healthy. All of which are big drivers of wealth for many of our clients. Investing in it – optimizing strength & conditioning, eating well, getting enough sleep, etc. – will pay dividends. For founders of companies, Intellectual Capital is typically their main driver of growth. Athletes can also use this to be a smarter player. Intellectual Capital is not just your academic accomplishments, rather it’s the accumulation of life experiences, formal and informal education included, and self-reflection that typically advance this form of Human Capital.Social Capital can stand on its own or be a very strong complement to both Physical and Intellectual Capital. It is not just expanding your community and network for your benefit. While that’s important, Social Capital can also be giving back to your community or causes you care about.Have questions for an upcoming episode? Want to get free resources, book giveaways, and AWM gear? Want to hear about when we release new episodes? Text “insights” or the lightbulb emoji (💡) to Brandon at (714) 504-7689 to join our new AWM Insights Network.Episode Highlights0:00 Intro0:35 Money is a tool to use in order to accomplish your priorities1:16 What is Intellectual Capital, and how do people use it?3:21 Social Capital, not just networking4:32 Yes, you should invest in your Physical Capital! 5:15 Invest in all aspects of your Human Capital6:05 Think about diversification and the evolution of each over time7:43 Text us!