For many years, Lee Brower has been a guru and life coach to affluent, successful entrepreneurs and their families. Because of the recent economic gains for the super affluent in many countries, the growing gap between the affluent and everyone else has led to a political and social backlash against the wealthy. Yet, the affluent have their own challenges and issues that are obscured by this political and social unrest.
The book “The Soul of Money” by Lynne Twist is the source of the story that Lee Brower tells in the video below. The story reveals several insights into the extraordinary presence, wisdom, and compassion of Mother Teresa.
“When we are motivated by compassion and wisdom, the results of our actions benefit everyone, not just our individual selves or some immediate convenience. When we are able to recognize and forgive ignorant actions of the past, we gain strength to constructively solve the problems of the present.”
― The Dalai Lama
“At the end of life we will not be judged by how many diplomas we have received, how much money we have made, how many great things we have done. We will be judged by “I was hungry, and you gave me something to eat, I was naked and you clothed me. I was homeless, and you took me in.”
As a life coach and guru to entrepreneurs and young adults, Lee Brower has a strong message about character and leadership. In the video below, Lee talks about principles over individual values and calls for leaders to “act courageously for what we know is right.”
Character is the ability to carry out a worthy decision after the emotion of making that decision has passed.
– Hyrum Smith
Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are.
– John Wooden
Lee Brower is a champion for families. He talks frequently about strengthening families and how families are the backbone, the bedrock of society. And as he mentions in this video, the importance of character extends to business, the law, and government as well.
So how do we develop character? Empowered Wealth focuses on leaders and leadership as the key to developing character in families, groups, businesses, and communities. In turn, our focus is on Gratitude, True Wealth, and the daily practice of focusing on these elements, on what’s essential, building positive habits that over time become positive traits. It is these positive habits and traits that form the positive character that Lee Brower hopes to inspire people to strive for.
“People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully.”
– Steve Jobs
Focusing on what’s essential is a core element of Lee Brower’s coaching. And he’s not just playing guru or giving lip service to the essential; he has decades of experience and a strong sense of what’s essential for most people. It’s been our experience at Empowered Wealth that the “Big 3” – the major core assets – are family and close relationships; health and well-being; and faith or spiritual beliefs. In this video, Lee talks about how many of us lose sight of what’s essential and instead focus on “the very important” at the expense of family, friends, health, and faith.
Lee isn’t alone getting caught up in the quest for success; it happens to many, if not most, of us. To counteract this very human tendency, it’s important to be aware of what matters most, what’s essential, and to intentionally remind ourselves on a regular, perhaps daily, basis of these personally meaningful, genuine priorities. To this point, Lee talks extensively about “capturing and capitalizing” shared family experiences, naming them, and making them part of the culture of a family. His insights and the coaching he does to execute on those insights are a major emphasis of his coaching and the education, training, and consulting work of Empowered Wealth.
Besides being a guru and life coach to many entrepreneurs, Lee Brower is also known for his pioneering ideas on True Wealth. He developed the concept “The Brower Quadrant“, which identifies four categories of wealth: financial, core, experience, and contribution. Considering all of these categories – not just financial assets – as one’s “True Wealth” has become a game-changing way of thinking for Lee and the many wealth managers, financial advisors, and life coaches that his company Empowered Wealth has trained.
“Don’t gain the world and lose your soul…wisdom Is better than silver or gold.”
– Bob Marley
“It is impossible to escape the impression that people commonly use false standards of measurement — that they seek power, success and wealth for themselves and admire them in others, and that they underestimate what is of true value in life.”
– Sigmund Freud
What does True Wealth look like in action? Here’s an example of what might be possible with the concept of True Wealth and a high level of focus, effort, and determination.
Recent regulatory changes and industry shifts have nudged most financial advisors into more of fiduciary role; that is, putting their clients’ interests ahead of their own. Many advisors believe that this amounts to helping clients achieve their goals and objectives. So they conduct a “fact finder” interview, asking “What are your goals and objectives for your money? For your retirement? For your family?” But what if their clients’ goals and objectives are far deeper, far more profound than they can even articulate? What if their capabilities and potential are far greater than they can imagine?
As Lee Brower says, looking at situations, challenges, and opportunities through “the lens of True Wealth” shifts our thinking about what matters most and how to optimize our True Wealth, not just our financial wealth.