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I've put together the most valuable
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lessons that have helped me achieve more
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out of my life. Hopefully, they're
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useful for you, too. Enjoy. This is
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brutally honest advice for poor people.
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I've been there. I had to pay rent.
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Every night, I would think if I didn't
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wake up tomorrow, I would be okay with
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it. And I don't want that for anybody. I
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get it.
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I was just going through all these old
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files yesterday and I saw a goal that I
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had written, which was to make $10,000 a
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month income. And so it was 13 years
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ago. And so like I viscerally remember
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what that was like. Um and I know I
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never I was in so much pain during that
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during that time that I get it. And so
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like the reason we make this stuff is
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cuz I I've been there and I don't want
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that for anybody, you know? Like I
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missed I missed my 20s. Like I just I
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didn't have them as people traditionally
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say it, you know? Like it's it's weird
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because in today's like internet culture
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like I started my I I started my first
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brickandmortar business like storefront.
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I was 23. Like I didn't know [ __ ] about
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[ __ ] Like I knew nothing. And like I
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didn't know you could hire employees.
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Like it wasn't a thought. Like I didn't
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know anything. Um, and so like I
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cleaned, I did the billing, I did the
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sales, I taught the sessions, like I
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fixed the equipment, like I did
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everything because I didn't know you
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could and I also I did I didn't know and
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I didn't have the money, frankly, to
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afford anything else. And so, um, I get
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it. Like I get I get I get it. Um,
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but to get out of that, you have to take
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steps. And the first step is saying that
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it's my fault. The second step is that
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you have to use what you have.
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And so in the beginning I would I would
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you know I I was reading the self-help
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books and all this stuff. And um none of
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them really hit for me because a lot of
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it was like power of positive thinking
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and like affirmations and like all this
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stuff. And the reason I make the content
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I do now, which has now almost become
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like a shtick, um, countering that is be
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is because it didn't work for me. And
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I'm trying like I'm not trying to speak
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to everybody. If you if that works for
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you, then like awesome. Like awesome.
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Like I people mistake me saying this is
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what worked for me with this is what I
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think everyone should do. And it it
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couldn't be further from the truth. I'm
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saying if what h what you have been
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doing hasn't been working, then consider
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this. which is that like I remember
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because I just read this yesterday. The
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intro in the book I say um I wish I
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could tell you that the reason I was
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able to make it out of the gym
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was because I was like really passionate
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about changing people's lives and I
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loved fitness and I loved you know my
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clients faces when they would light up
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and they'd step on the scale and they'd
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lose weight. They'd be able to fit in
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their high school clothes again. It was
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none of that. It was just the sheer
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anger that I had, but the idea of being
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wrong and having the people back home
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be right about everything. And I just
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couldn't I couldn't I mean I still can
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barely tolerate it. And so I mean I took
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in some ways and this isn't a I don't if
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woe is me is the right is the right term
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but like I had an otherwise very
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successful career. like I was in a white
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collar job and sometimes it's hard like
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I mean hey I don't know I haven't been
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the other situation but taking a step
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down and humbling yourself to minimum
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wage after you've been in a white collar
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situation not easy and I remember I had
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clients who walk in and be like oh did
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you did you uh did you go to college and
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they were saying that um patronizingly
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um and mind you everyone here at least
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this channel knows that I don't I don't
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give a [ __ ] um but they were saying it
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to basically like when I was going to
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like write something down, like am I
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literate?
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And in those moments again, it was like
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I could be right or be rich. Like I
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could try and humiliate them back
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because the pain of what they just said
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made me feel. They probably didn't even
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intend that.
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Or I can be like, "Yeah, yeah, I went to
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I went to school. I'm very grateful for
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it." You know, like so what are your
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goals? I could just move right past it.
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And so you develop that skin because I
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had to cuz I had to [ __ ] pay rent.
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And so I mean I tell stories about
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having a kid drawing marker on the wall
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while I'm trying to close his mom and
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he's writing in permanent marker and I'm
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trying not to lose my [ __ ] over the fact
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that I'm have to repaint the wall
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because she doesn't know how to parent a
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child. But I needed to close the card to
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pay for the paint. And so it's like I
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can scold the kid and lose the sale or I
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can close the sale and keep my cool and
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then eventually clean the clean the
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wall. And so like you only get that
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stuff by doing it. Um, and so if you're
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in if you're in a place right now where
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you don't have a lot, you only have one
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thing, which is time. And so you have
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lower leverage. So I'm not going to lie
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to you and say that you like you're
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there there's this one play, this one
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secret. No, it's just it's sheer brute
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force. Like you have to will yourself
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out of it. Like there's you have to do
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it's it's like a it's a it's a huge
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amount of of soul driving energy that
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you have to do outside of what you
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normally do. So it's like you have to
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live one person's normal life. You have
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to do your normal work, your normal job.
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You have to eat, you have to sleep, you
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have to clean, you have to do whatever
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else and then then the workday starts.
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So that is how you eat today, but you're
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trying to get ahead and you have to eat
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tomorrow. And so you have to you have to
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you have to eat the glass so that you
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can take the pain today and you're
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trying to take as much of the pain from
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tomorrow as you can today so you can get
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ahead and like the even the concept of
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getting ahead. I like I think about this
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visually which is like if you have this
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this timeline of life that you can pull
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towards you and it's glass in the
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beginning and then it's slightly less
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less coarse and then less coarse and
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then it gets and then it gets neutral
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and then it starts to get a little bit
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sweeter and a little bit sweeter and a
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little bit sweeter but you have to get
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through that glass period where you pull
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it towards you and I do have this theory
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that like on a long enough time horizon
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and if we could live a thousand years
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everyone would eventually be successful
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but people wait too long and they die
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too early and I say die too really on a
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long on a long timeline. And so I want I
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have to live today and tomorrow and the
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next day so I can live three days at a
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time so I can get to my second and third
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life's benefits now. And so that was why
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like I remember the only times that I
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took off when I was when I was at the
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gym and one of the biggest things that I
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was grateful for with the gyms is that I
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moved across the country and so I knew
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no one. I was in Huntington Beach. I was
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from Baltimore like no one. And what
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would happen, so one of the gifts of
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that was that once the week was over, so
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my Saturday sessions were done at like
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noon, my phone didn't ring. No, like in
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some ways very sad because like no one
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wanted to see Alex, you know what I
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mean? Like no one was inviting me out.
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But I was like, well [ __ ] like I got to
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make this work. And so I would just I'd
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sit there and I'd be like, how do I sell
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memberships? How do I market? How do I
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everything, you know? But I but that was
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how I got ahead. And so I I tell the
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stories of like I remember when I when I
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stopped watching the Ravens and I was
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from Baltimore, so that was like like a
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tie to home.
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And so um yeah, it's fresh for me cuz I
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just read the story yesterday, but it
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was like it was tough.
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I'll catch my breath. So, all that to
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say,
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the sacrifices that I encourage people
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to take are not sacrifices I did not
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make.
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And I I don't say that there there's
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there's no ways to to get there. I'm
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just saying that this is the way I got
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there.
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And if this path works for you, then
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maybe it works better than what you're
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doing right now, which is I had a lot of
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pain.
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And so I I tried to use it. I just used
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what I had. I just, you know, I was just
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angry. I didn't I didn't want to fail.
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And so I just kept going. And so there
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was no like there just wasn't another
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option. And so I think that's like
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that's what I would encourage people to
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think about was like they're just there
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I just didn't I didn't allow another
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option because the other option was just
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was just worse than dying because
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I mean I've told this story before and
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things get hyperbolized mean you know
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exaggerated romanticized whatever but
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like when I had my big consulting job I
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was making good money and I had the
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approval of my my peers and all this
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stuff and I just didn't want to wake up
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the next day every day and it wasn't
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like I was trying to kill myself. It
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wasn't that. But I was I every night I
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would think if I didn't wake up tomorrow
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I would be okay with it. And so
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when I knew that that was what I was
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going back to if I didn't make this
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work. I just had I had no plan B. I mean
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I had plan B is that I would drive Uber
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and strip. I joke about that. But that
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was very much my plan B if I didn't make
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it work. Um, but
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and I I I get I get grilled on social
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media for saying this because of like
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[ __ ] race wars, but like there have
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been slaves for thousands of years.
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There were slaves in Egyptian times.
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There were Jews who were slaves. There
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were Persian slaves. There were white
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slaves. There are backslaves. Humans
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have enslaved one another. Period. And I
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like to think of things in extremes
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because it allows me to think about
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what's possible. And so the idea that
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someone else at some other time in
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history has worked seven days a week,
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every hour that they're awake with a
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threat not of their own death, but of
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their children's death, because that's
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what I would do if I were trying to
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control somebody. I would take their
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kids and say, "I'll kill them if you
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don't work." And guess what? They'll
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probably work. That that capacity
267
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exists. And so I would think to myself
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like
269
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I would try and I would try and put
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myself in that frame so that I wouldn't
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get into the woe is me cycle and think
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all these things I could blame for why
273
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I'm here right now. Why isn't this
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working as fast? Like how is it that
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these guys are making more money than
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me? Like why don't these people will
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give me the respect I deserve? Blah blah
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blah blah blah. Um and just say like
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what can I do now?
280
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And then just every hour of every day,
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well, what can I do now? And so it was I
282
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have to learn how to market. I have to
283
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learn how to sell. I have to I have to
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go to these these groups that where
285
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other gym owners are and I got to learn
286
00:10:55,360 --> 00:10:57,360
their stuff. I got to I got to go to
287
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these seminars. I got to save up so I
288
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can learn some stuff. And that's what I
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did. And so that's how I got out of it.
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00:11:04,720 --> 00:11:07,360
That visual of life as this like bloody
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game of tugof-war where like most people
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their hands just get too
293
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>> cut to keep holding on to the rope is
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like it's in it's stuck in my head.
295
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>> Yeah.
296
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>> It's that's really powerful.
297
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>> Yeah. It was tough.
298
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>> So I'm I'm
299
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the first 100 grand is the hardest. And
300
00:11:26,000 --> 00:11:27,120
I know that that sounds like an
301
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unfathomable amount of money. It took me
302
00:11:29,279 --> 00:11:34,959
five years. Like I get it. So, like
303
00:11:34,959 --> 00:11:36,959
you just have to save it $1 at a time.
304
00:11:36,959 --> 00:11:38,480
Like that's like that's what it is. Now,
305
00:11:38,480 --> 00:11:39,760
obviously I talk about other things.
306
00:11:39,760 --> 00:11:41,600
Like
307
00:11:41,600 --> 00:11:43,440
there are smarter ways to make money for
308
00:11:43,440 --> 00:11:45,120
sure. Like if you can sell expensive
309
00:11:45,120 --> 00:11:46,880
stuff, you can just move the decimals.
310
00:11:46,880 --> 00:11:50,240
Like I mean like the thing is is
311
00:11:50,240 --> 00:11:52,800
it is factually true. It is spiritually
312
00:11:52,800 --> 00:11:54,160
false. And I don't even believe in
313
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spirituality in general, but like it is
314
00:11:57,440 --> 00:12:01,279
it is tough to sell a $10 million
315
00:12:01,279 --> 00:12:03,360
building and make a million dollar
316
00:12:03,360 --> 00:12:06,160
commission or a $500,000 commission when
317
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you are broke as [ __ ] It is very like
318
00:12:09,519 --> 00:12:11,519
it is like you would have to become a
319
00:12:11,519 --> 00:12:12,639
different person, which is why most
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00:12:12,639 --> 00:12:14,959
people's first sale is not that. But is
321
00:12:14,959 --> 00:12:17,120
it technically possible? Yes. A lot of
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people watch YouTube and the internet
323
00:12:20,000 --> 00:12:23,440
for complex money-making skills and they
324
00:12:23,440 --> 00:12:25,279
haven't even mastered showing up on
325
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time. And so it's like they want to go
326
00:12:28,000 --> 00:12:29,760
straight to calculus, but they don't
327
00:12:29,760 --> 00:12:31,360
know how to do simple addition. But the
328
00:12:31,360 --> 00:12:33,440
thing is is that like simple addition is
329
00:12:33,440 --> 00:12:35,760
foundational to that. And none of the
330
00:12:35,760 --> 00:12:37,440
other stuff will matter unless you can
331
00:12:37,440 --> 00:12:39,680
do the basics. But the basics doesn't
332
00:12:39,680 --> 00:12:41,360
make them less important. Usually
333
00:12:41,360 --> 00:12:42,560
they're the foundation of a building
334
00:12:42,560 --> 00:12:44,639
which make them arguably more important.
335
00:12:44,639 --> 00:12:47,360
They just are simpler to understand but
336
00:12:47,360 --> 00:12:49,279
not simpler to do. And I think that's
337
00:12:49,279 --> 00:12:50,880
the big disconnect a lot of people have
338
00:12:50,880 --> 00:12:52,079
is that they think they because they
339
00:12:52,079 --> 00:12:53,680
understand something conceptually that
340
00:12:53,680 --> 00:12:54,800
they feel like they have already
341
00:12:54,800 --> 00:12:56,959
mastered the skill which are two very
342
00:12:56,959 --> 00:12:58,720
different things.
343
00:12:58,720 --> 00:13:00,800
And so one of the most common traits
344
00:13:00,800 --> 00:13:03,200
that people who are poor have is that
345
00:13:03,200 --> 00:13:05,519
it's always tomorrow. And so they never
346
00:13:05,519 --> 00:13:07,440
talk about anything in terms of today.
347
00:13:07,440 --> 00:13:09,600
And so it's about starting tomorrow, the
348
00:13:09,600 --> 00:13:11,360
diet tomorrow, the diet on Monday, next
349
00:13:11,360 --> 00:13:12,800
year, my New Year's resolution. It's
350
00:13:12,800 --> 00:13:14,959
always it's always pushing off. So
351
00:13:14,959 --> 00:13:18,240
rather than uh delaying gratification,
352
00:13:18,240 --> 00:13:20,959
they delay pain. And so rather than
353
00:13:20,959 --> 00:13:23,279
trying taking pain now for pleasure
354
00:13:23,279 --> 00:13:26,000
later, they take pleasure now and pain
355
00:13:26,000 --> 00:13:28,720
later. And so they flip the equation.
356
00:13:28,720 --> 00:13:31,680
And so they're surprised when today is
357
00:13:31,680 --> 00:13:34,320
later from yesterday that they're in
358
00:13:34,320 --> 00:13:38,079
pain. Because if if last week you were
359
00:13:38,079 --> 00:13:41,120
like, I'm starting my diet this week,
360
00:13:41,120 --> 00:13:43,200
then it is now this week and you've
361
00:13:43,200 --> 00:13:46,399
delayed the pain to today. And that
362
00:13:46,399 --> 00:13:47,920
means that the body you have right now
363
00:13:47,920 --> 00:13:50,000
is the result of the delayed pain that
364
00:13:50,000 --> 00:13:52,399
you are now forcing yourself to endure.
365
00:13:52,399 --> 00:13:54,560
And so
366
00:13:54,560 --> 00:13:56,480
they're somehow surprised when the bill
367
00:13:56,480 --> 00:13:59,680
comes due that they pushed off from the
368
00:13:59,680 --> 00:14:02,720
past. And so the first lesson of getting
369
00:14:02,720 --> 00:14:05,519
out of poverty is two words. It's my
370
00:14:05,519 --> 00:14:08,160
fault. It's I have to own that. And I
371
00:14:08,160 --> 00:14:09,199
think my fault you can kind of
372
00:14:09,199 --> 00:14:12,639
extrapolate to right now. Not like you
373
00:14:12,639 --> 00:14:14,079
basically have to own everything that
374
00:14:14,079 --> 00:14:16,000
passed to this moment. So, all the pain
375
00:14:16,000 --> 00:14:17,360
that I've gone through, all of the
376
00:14:17,360 --> 00:14:19,519
Mondays that I've missed, all of the
377
00:14:19,519 --> 00:14:20,959
diets that I've skipped, all of the
378
00:14:20,959 --> 00:14:24,079
savings I haven't made, all of those are
379
00:14:24,079 --> 00:14:26,240
not my dad's fault, my mom's fault, my
380
00:14:26,240 --> 00:14:27,440
circumstances fault, the country I was
381
00:14:27,440 --> 00:14:29,360
born in's fault, the zip code, any of
382
00:14:29,360 --> 00:14:31,279
those things fault. It's just mine. And
383
00:14:31,279 --> 00:14:33,279
the thing is is that people have this
384
00:14:33,279 --> 00:14:34,959
belief that because they have a strong
385
00:14:34,959 --> 00:14:36,560
argument for why it's something or
386
00:14:36,560 --> 00:14:38,880
someone else's fault that that somehow
387
00:14:38,880 --> 00:14:40,959
helps them.
388
00:14:40,959 --> 00:14:43,440
And it just doesn't because whatever you
389
00:14:43,440 --> 00:14:46,639
cast blame to is where you also cast
390
00:14:46,639 --> 00:14:50,560
power to. And so if I say I can't
391
00:14:50,560 --> 00:14:52,720
succeed because my mom didn't love me,
392
00:14:52,720 --> 00:14:56,800
guess who controls me? My mom. And so if
393
00:14:56,800 --> 00:15:00,639
you also like replace my mom with a
394
00:15:00,639 --> 00:15:04,000
race, a gender, a political party,
395
00:15:04,000 --> 00:15:05,920
whatever the thing like I can't succeed
396
00:15:05,920 --> 00:15:08,320
because of Trump's laws. I can't succeed
397
00:15:08,320 --> 00:15:10,160
because of the radical left, because of
398
00:15:10,160 --> 00:15:12,560
wokeism, because of whatever. You
399
00:15:12,560 --> 00:15:14,720
actually give that thing more power in
400
00:15:14,720 --> 00:15:17,040
your life than you give yourself. And so
401
00:15:17,040 --> 00:15:19,839
it's completely it the thing is is that
402
00:15:19,839 --> 00:15:21,440
and this is what's so deceiving about it
403
00:15:21,440 --> 00:15:23,839
is it's very it's very um
404
00:15:23,839 --> 00:15:25,839
self-fulfilling is that you get more
405
00:15:25,839 --> 00:15:27,279
evidence and you get more confirmation.
406
00:15:27,279 --> 00:15:28,320
You get more evidence, you get more
407
00:15:28,320 --> 00:15:29,360
confirmation, and the more your life
408
00:15:29,360 --> 00:15:30,959
sucks, the more you're confirmed that
409
00:15:30,959 --> 00:15:34,240
you were right. But like, do you want to
410
00:15:34,240 --> 00:15:36,720
be right about the fact that your life
411
00:15:36,720 --> 00:15:38,560
sucks
412
00:15:38,560 --> 00:15:40,399
or would you rather like there's a
413
00:15:40,399 --> 00:15:41,680
there's I think it's an old Zig Ziggler
414
00:15:41,680 --> 00:15:42,560
saying he said you can either be right
415
00:15:42,560 --> 00:15:45,199
or you can be rich. And I mean it's
416
00:15:45,199 --> 00:15:46,639
simple, but this is what he was getting
417
00:15:46,639 --> 00:15:49,279
at is that you can say, you know what,
418
00:15:49,279 --> 00:15:50,959
you are right. Your dad kicked the [ __ ]
419
00:15:50,959 --> 00:15:51,920
out of your whole life and you don't
420
00:15:51,920 --> 00:15:52,959
have any confidence because he told you
421
00:15:52,959 --> 00:15:56,880
a piece of [ __ ] every day. You're right.
422
00:15:56,880 --> 00:15:58,399
But in order to be rich, you need to let
423
00:15:58,399 --> 00:16:00,880
that go. Because every day you say that
424
00:16:00,880 --> 00:16:03,120
I'm not successful because of this, it
425
00:16:03,120 --> 00:16:07,120
means because this now owns you. And for
426
00:16:07,120 --> 00:16:10,800
me personally, that realization that the
427
00:16:10,800 --> 00:16:12,240
thing that I hated most in the world,
428
00:16:12,240 --> 00:16:14,959
the things that I blamed for why my life
429
00:16:14,959 --> 00:16:17,120
wasn't the way it was, I was their
430
00:16:17,120 --> 00:16:21,600
[ __ ] And just realizing that um made
431
00:16:21,600 --> 00:16:24,639
me angry. But through that anger, I was
432
00:16:24,639 --> 00:16:27,360
able to say, "Well, [ __ ] them." like I
433
00:16:27,360 --> 00:16:29,519
will succeed despite the fact that my
434
00:16:29,519 --> 00:16:31,199
dad said this or my mom said this or
435
00:16:31,199 --> 00:16:32,720
Barack Obama said this or Trump said
436
00:16:32,720 --> 00:16:36,160
this or the woke left says what? Despite
437
00:16:36,160 --> 00:16:37,839
that, despite the fact that the chips
438
00:16:37,839 --> 00:16:40,480
are stacked against me, I will still
439
00:16:40,480 --> 00:16:43,120
win. Why does saying my fault and taking
440
00:16:43,120 --> 00:16:44,560
that accountability begin to set someone
441
00:16:44,560 --> 00:16:47,600
down the path of making more money?
442
00:16:47,600 --> 00:16:49,279
>> And so if you think about if we think
443
00:16:49,279 --> 00:16:50,959
about success in terms of layers like
444
00:16:50,959 --> 00:16:55,360
foundations, right? the the the base
445
00:16:55,360 --> 00:16:56,800
level like when you're digging the
446
00:16:56,800 --> 00:16:58,079
building where you put the hole and you
447
00:16:58,079 --> 00:16:59,920
pour the concrete and the base of the
448
00:16:59,920 --> 00:17:04,160
entire thing is who is in power? Who is
449
00:17:04,160 --> 00:17:07,439
source? Because if it's anything but you
450
00:17:07,439 --> 00:17:09,679
in that base layer, all of the other
451
00:17:09,679 --> 00:17:12,400
things on top of them will topple down.
452
00:17:12,400 --> 00:17:14,079
It's it's a foundation of sand.
453
00:17:14,079 --> 00:17:16,160
Otherwise, you can't build on top of
454
00:17:16,160 --> 00:17:18,079
blaming other people. There's nothing
455
00:17:18,079 --> 00:17:20,959
that stands on it. You see like I want
456
00:17:20,959 --> 00:17:23,839
to learn sales but I can't learn sales
457
00:17:23,839 --> 00:17:26,160
because I didn't get hugged enough as a
458
00:17:26,160 --> 00:17:28,400
kid and so I don't like people. And so
459
00:17:28,400 --> 00:17:29,760
as long as you keep holding on to that
460
00:17:29,760 --> 00:17:32,080
you have sand as your foundation. But if
461
00:17:32,080 --> 00:17:33,840
you want to learn how to sell or you
462
00:17:33,840 --> 00:17:34,880
want to learn how to market or you want
463
00:17:34,880 --> 00:17:37,039
to learn how to do whatever until you
464
00:17:37,039 --> 00:17:39,120
say well it's my fault that I don't know
465
00:17:39,120 --> 00:17:40,720
it
466
00:17:40,720 --> 00:17:43,280
and because of that it's within my power
467
00:17:43,280 --> 00:17:44,960
to change it.
468
00:17:44,960 --> 00:17:47,120
>> So it's not sales books. It's not it's
469
00:17:47,120 --> 00:17:48,799
not reading offers. It's not it's not
470
00:17:48,799 --> 00:17:49,440
even your books
471
00:17:49,440 --> 00:17:51,360
>> at the at the very beginning you have to
472
00:17:51,360 --> 00:17:52,960
accept that which is the first two words
473
00:17:52,960 --> 00:17:57,120
my fault my responsibility all me I am
474
00:17:57,120 --> 00:17:58,960
source
475
00:17:58,960 --> 00:18:00,880
and then once you can accept that one
476
00:18:00,880 --> 00:18:02,960
thing and what's crazy is that that one
477
00:18:02,960 --> 00:18:04,799
foundation is where 90% of people
478
00:18:04,799 --> 00:18:07,679
literally aren't they're not there they
479
00:18:07,679 --> 00:18:10,080
can't do it the reason my girlfriend
480
00:18:10,080 --> 00:18:12,000
left me is because of this not me the
481
00:18:12,000 --> 00:18:13,679
reason I lost my job is because my my
482
00:18:13,679 --> 00:18:15,840
employer was a dick my boss sucked
483
00:18:15,840 --> 00:18:19,360
whatever the economy Like but like it
484
00:18:19,360 --> 00:18:22,559
never serves you. Like give me one
485
00:18:22,559 --> 00:18:25,039
instance, one example. This is to anyone
486
00:18:25,039 --> 00:18:27,600
who's listening to this. One example of
487
00:18:27,600 --> 00:18:30,000
when you blame something else and it
488
00:18:30,000 --> 00:18:32,240
made you better.
489
00:18:32,240 --> 00:18:34,880
One. You can't find it because it's
490
00:18:34,880 --> 00:18:37,600
fundamentally not true. And so you
491
00:18:37,600 --> 00:18:40,320
cannot both desire to get better and
492
00:18:40,320 --> 00:18:43,360
also maintain blame. You have to pick.
493
00:18:43,360 --> 00:18:45,280
>> When did this really hit home for you?
494
00:18:45,280 --> 00:18:47,360
Was it when you lost money?
495
00:18:47,360 --> 00:18:49,360
>> No, when I was 19 years old, I had to
496
00:18:49,360 --> 00:18:52,480
write an essay about uh depression in an
497
00:18:52,480 --> 00:18:55,679
intro to sight class. And I used to I
498
00:18:55,679 --> 00:18:56,720
don't talk about my mother my mother
499
00:18:56,720 --> 00:18:58,720
very much, but I used to harp a lot. I
500
00:18:58,720 --> 00:19:00,640
was an equal I was an equal opportunity
501
00:19:00,640 --> 00:19:03,520
angry person. I was angry at everybody.
502
00:19:03,520 --> 00:19:05,840
In other words, I blamed everyone. And
503
00:19:05,840 --> 00:19:09,520
so I blamed her for X, Y, and Z. And I
504
00:19:09,520 --> 00:19:13,440
remember having to write this
505
00:19:13,440 --> 00:19:16,559
essay on depression and you had to do it
506
00:19:16,559 --> 00:19:17,919
from someone else's perspective. And so
507
00:19:17,919 --> 00:19:20,000
you had to say how would they how would
508
00:19:20,000 --> 00:19:21,840
the environment and their upbringing
509
00:19:21,840 --> 00:19:25,200
things like that contribute to
510
00:19:25,200 --> 00:19:27,520
the outcomes in their life. And so by
511
00:19:27,520 --> 00:19:30,559
writing the essay, true or not, to be
512
00:19:30,559 --> 00:19:33,600
clear, about my mother's upbringing and
513
00:19:33,600 --> 00:19:35,360
how hard she had as an immigrant coming
514
00:19:35,360 --> 00:19:36,799
here, getting beat up as a kid, getting
515
00:19:36,799 --> 00:19:37,919
made up for not being able to speak the
516
00:19:37,919 --> 00:19:39,200
language, all that kind of stuff. And
517
00:19:39,200 --> 00:19:41,200
this was in the [ __ ] 50s. It's when
518
00:19:41,200 --> 00:19:43,679
like it was more accepted to beat up
519
00:19:43,679 --> 00:19:45,840
foreigners rather than let them in.
520
00:19:45,840 --> 00:19:48,320
Anyways, um
521
00:19:48,320 --> 00:19:51,280
so she had a tough time and so it made
522
00:19:51,280 --> 00:19:53,360
sense and and when I framed it like
523
00:19:53,360 --> 00:19:54,720
that, I was like, you know, maybe she's
524
00:19:54,720 --> 00:19:57,440
actually a massive success given where
525
00:19:57,440 --> 00:20:00,799
she started. And so then I thought to
526
00:20:00,799 --> 00:20:03,200
myself, now mind you, I still wasn't
527
00:20:03,200 --> 00:20:06,000
over it. But it was in this process that
528
00:20:06,000 --> 00:20:07,360
the first thing that happened is when I
529
00:20:07,360 --> 00:20:09,520
went back home for fall break or winter
530
00:20:09,520 --> 00:20:11,520
break, I remember she said something to
531
00:20:11,520 --> 00:20:12,799
me which would normally just like be the
532
00:20:12,799 --> 00:20:14,000
beginning of some big fight. you know,
533
00:20:14,000 --> 00:20:15,360
you get into these routines. Like, I'll
534
00:20:15,360 --> 00:20:16,720
say this thing that we both hate and
535
00:20:16,720 --> 00:20:17,760
then we'll just get in a nice fight
536
00:20:17,760 --> 00:20:19,919
about it. And she said the trigger and I
537
00:20:19,919 --> 00:20:21,679
was just like,
538
00:20:21,679 --> 00:20:24,480
I understand you. I'm sorry you went
539
00:20:24,480 --> 00:20:26,880
through the stuff you went through. And
540
00:20:26,880 --> 00:20:28,960
she just like looked completely shocked
541
00:20:28,960 --> 00:20:31,280
and then just like started balling. And
542
00:20:31,280 --> 00:20:35,200
so I was like, we're cool. Like you
543
00:20:35,200 --> 00:20:37,039
don't anger me anymore. And I think for
544
00:20:37,039 --> 00:20:38,480
the most part since then, like that's
545
00:20:38,480 --> 00:20:40,720
been more or less the dynamic that
546
00:20:40,720 --> 00:20:42,320
shifted.
547
00:20:42,320 --> 00:20:44,480
But leading into that was also the idea
548
00:20:44,480 --> 00:20:48,320
that all the relationships that I had
549
00:20:48,320 --> 00:20:50,320
had that id blamed for not working
550
00:20:50,320 --> 00:20:51,919
because of the dynamic that I had with
551
00:20:51,919 --> 00:20:56,000
my mother. I was like I am giving her
552
00:20:56,000 --> 00:21:00,400
this power over my love life.
553
00:21:00,400 --> 00:21:03,440
That's gross. And so I was like well I
554
00:21:03,440 --> 00:21:05,919
I'd rather just say it's on me to change
555
00:21:05,919 --> 00:21:08,720
and not have my mom or parents at all
556
00:21:08,720 --> 00:21:11,440
involved in my relationships. And so
557
00:21:11,440 --> 00:21:14,880
that was me taking it's her fault that I
558
00:21:14,880 --> 00:21:16,559
can't make these things work. I have
559
00:21:16,559 --> 00:21:17,840
commitment issues. I don't want to get
560
00:21:17,840 --> 00:21:19,280
close to people. I've been hurt before.
561
00:21:19,280 --> 00:21:22,480
Blah blah blah. To like, okay, well,
562
00:21:22,480 --> 00:21:23,840
let's take it to the next extreme.
563
00:21:23,840 --> 00:21:26,559
Great. You're right. You'll never be
564
00:21:26,559 --> 00:21:28,240
close to anyone. You'll never have a
565
00:21:28,240 --> 00:21:31,039
relationship that'll last. You're right.
566
00:21:31,039 --> 00:21:33,760
Now what?
567
00:21:33,760 --> 00:21:36,400
I remember I was at a conference and I
568
00:21:36,400 --> 00:21:40,320
had this lady stand up in the crowd and
569
00:21:40,320 --> 00:21:42,000
I had just done a thing on like I don't
570
00:21:42,000 --> 00:21:44,880
remember what it was called offers and
571
00:21:44,880 --> 00:21:46,640
she stood up and said let me give you
572
00:21:46,640 --> 00:21:47,919
six reasons why this isn't going to work
573
00:21:47,919 --> 00:21:50,799
for my business and so she went down her
574
00:21:50,799 --> 00:21:52,559
list and I was like uh-huh uh-huh
575
00:21:52,559 --> 00:21:54,000
uh-huh. So I got to the end of the whole
576
00:21:54,000 --> 00:21:57,200
thing and um she said and that's why
577
00:21:57,200 --> 00:21:58,880
this isn't going to work for my business
578
00:21:58,880 --> 00:22:00,320
and I was like you're right you'll never
579
00:22:00,320 --> 00:22:01,360
be able to make this work for your
580
00:22:01,360 --> 00:22:04,880
business. And she looked at me like
581
00:22:04,880 --> 00:22:07,440
angry and she lashed back. She was like,
582
00:22:07,440 --> 00:22:09,360
"Yes, I yes I will. I'll be able to make
583
00:22:09,360 --> 00:22:10,880
this work for my business for this
584
00:22:10,880 --> 00:22:12,480
reason, this reason." And so the thing
585
00:22:12,480 --> 00:22:15,120
is is that like if the victim frame is
586
00:22:15,120 --> 00:22:17,039
just taken to the natural extreme, you
587
00:22:17,039 --> 00:22:19,200
realize that you're right, you win the
588
00:22:19,200 --> 00:22:21,200
game. And by being right the entire
589
00:22:21,200 --> 00:22:23,840
time, you lose everything. And so it's
590
00:22:23,840 --> 00:22:25,200
one of these frames that I love. Dr.
591
00:22:25,200 --> 00:22:27,520
Cashy says this. He says, "You're 99%
592
00:22:27,520 --> 00:22:30,159
right, but 100% wrong." And what that
593
00:22:30,159 --> 00:22:32,159
means is like
594
00:22:32,159 --> 00:22:34,640
for example, if I every time I bring a
595
00:22:34,640 --> 00:22:36,480
girl home and I want my parents
596
00:22:36,480 --> 00:22:38,559
approval, I bring her home and they say,
597
00:22:38,559 --> 00:22:40,159
"This isn't the one. This isn't the one.
598
00:22:40,159 --> 00:22:41,360
She's not good enough." Whatever it is,
599
00:22:41,360 --> 00:22:43,840
every time it's easy for them to say
600
00:22:43,840 --> 00:22:45,600
that because every single person you
601
00:22:45,600 --> 00:22:47,679
date, except for the one you marry, they
602
00:22:47,679 --> 00:22:50,400
are right on. And so they're 99% of the
603
00:22:50,400 --> 00:22:51,760
time they're right. And they're
604
00:22:51,760 --> 00:22:53,280
confirmed by saying that that person
605
00:22:53,280 --> 00:22:54,960
that you bring home is not good enough.
606
00:22:54,960 --> 00:22:56,480
Because every time eventually you break
607
00:22:56,480 --> 00:22:58,000
up, oh, it's not going to last. This
608
00:22:58,000 --> 00:22:59,200
isn't the one. and it keeps going,
609
00:22:59,200 --> 00:23:01,360
right? But if you keep doing that all
610
00:23:01,360 --> 00:23:03,200
the way to the natural extreme, you're
611
00:23:03,200 --> 00:23:05,520
100% wrong because you will be wrong
612
00:23:05,520 --> 00:23:07,919
eventually. It's the same thing as like,
613
00:23:07,919 --> 00:23:09,280
I want to start this business, it's not
614
00:23:09,280 --> 00:23:10,640
going to work. It's not going to work.
615
00:23:10,640 --> 00:23:11,840
The second one will work. The fifth one
616
00:23:11,840 --> 00:23:13,200
won't work. The seventh one work won't
617
00:23:13,200 --> 00:23:15,520
work. And they're right, but they're
618
00:23:15,520 --> 00:23:17,280
just wrong on the long enough time
619
00:23:17,280 --> 00:23:19,200
horizon because one of them will [ __ ]
620
00:23:19,200 --> 00:23:21,440
work. And one of the girls or one of the
621
00:23:21,440 --> 00:23:23,440
guys that you bring home will be the one
622
00:23:23,440 --> 00:23:25,280
that you are going to be with. But it's
623
00:23:25,280 --> 00:23:27,200
so much safer for them to be right and
624
00:23:27,200 --> 00:23:31,120
right and right and you and they get
625
00:23:31,120 --> 00:23:33,200
deceived by their short-term rightness
626
00:23:33,200 --> 00:23:35,440
that they miss the long-term wrong. And
627
00:23:35,440 --> 00:23:37,520
we do this to oursel too when you're in
628
00:23:37,520 --> 00:23:39,200
the victim frame. I don't even like
629
00:23:39,200 --> 00:23:40,320
using the victim frame, but when you're
630
00:23:40,320 --> 00:23:42,080
in the powerless frame, you give the
631
00:23:42,080 --> 00:23:44,720
power away and you get to be right over
632
00:23:44,720 --> 00:23:46,000
that's why it didn't work. This didn't
633
00:23:46,000 --> 00:23:47,200
work. This relationship won't work. This
634
00:23:47,200 --> 00:23:48,559
job won't work. You keep it's not going
635
00:23:48,559 --> 00:23:49,840
to work this time either. Because you
636
00:23:49,840 --> 00:23:50,880
get to be right over and over again. and
637
00:23:50,880 --> 00:23:51,840
it makes you feel good in the short
638
00:23:51,840 --> 00:23:53,280
term, but in the long term, you
639
00:23:53,280 --> 00:23:55,280
guarantee the loss.
640
00:23:55,280 --> 00:23:56,880
>> I think there's also like social
641
00:23:56,880 --> 00:23:58,320
reinforcement. Like we love to complain
642
00:23:58,320 --> 00:23:59,840
about the weather and
643
00:23:59,840 --> 00:24:01,919
>> it's literally the same thing as never
644
00:24:01,919 --> 00:24:03,760
investing. Like if you want to invest
645
00:24:03,760 --> 00:24:05,440
your money, right, and you like you have
646
00:24:05,440 --> 00:24:08,080
all this big pile of savings. If you
647
00:24:08,080 --> 00:24:09,440
ever invest, there's always the
648
00:24:09,440 --> 00:24:10,799
possibility that it goes down in the
649
00:24:10,799 --> 00:24:12,080
short term. It's just the nature of
650
00:24:12,080 --> 00:24:14,880
markets in general. But if you never
651
00:24:14,880 --> 00:24:16,480
invest, you guarantee that you will
652
00:24:16,480 --> 00:24:18,320
never get rich over the long haul. And
653
00:24:18,320 --> 00:24:21,360
so every day you could make this risk.
654
00:24:21,360 --> 00:24:23,679
You take a small risk, but you guarantee
655
00:24:23,679 --> 00:24:26,000
a macro win. So you take a small risk
656
00:24:26,000 --> 00:24:28,240
today, potential for loss today for the
657
00:24:28,240 --> 00:24:29,840
guarantee over the long haul that it
658
00:24:29,840 --> 00:24:32,320
grows and it makes you money. But the
659
00:24:32,320 --> 00:24:34,559
flip side is you don't take the small
660
00:24:34,559 --> 00:24:36,480
risk of loss today. You take the comfort
661
00:24:36,480 --> 00:24:38,400
today for the guarantee that you get the
662
00:24:38,400 --> 00:24:40,799
long loss. And so so many people flip
663
00:24:40,799 --> 00:24:42,400
their life to that same thing is that
664
00:24:42,400 --> 00:24:45,360
they have they flip the pleasure for
665
00:24:45,360 --> 00:24:47,679
today and they and they they just forget
666
00:24:47,679 --> 00:24:49,279
the second half of this which is pain
667
00:24:49,279 --> 00:24:52,320
for tomorrow and that today is also
668
00:24:52,320 --> 00:24:54,240
yesterday's tomorrow and we're living
669
00:24:54,240 --> 00:24:56,640
through the pain that you cast like you
670
00:24:56,640 --> 00:24:58,640
own this and until you're like this is
671
00:24:58,640 --> 00:25:00,480
my fault that I'm in pain today because
672
00:25:00,480 --> 00:25:02,320
of decisions that I put off pain for
673
00:25:02,320 --> 00:25:04,960
tomorrow where today is tomorrow. When
674
00:25:04,960 --> 00:25:07,279
you're broke, every dollar means so much
675
00:25:07,279 --> 00:25:09,360
to you.
676
00:25:09,360 --> 00:25:11,520
But
677
00:25:11,520 --> 00:25:13,440
and you want to see the dollars in your
678
00:25:13,440 --> 00:25:16,240
bank account go up. But I never made
679
00:25:16,240 --> 00:25:19,039
that my goal. I made the amount of money
680
00:25:19,039 --> 00:25:22,240
I made every month my goal because I saw
681
00:25:22,240 --> 00:25:24,880
that as my like potential energy versus
682
00:25:24,880 --> 00:25:27,440
stored energy. Not to get I mean
683
00:25:27,440 --> 00:25:28,880
whatever physics people, you get what
684
00:25:28,880 --> 00:25:31,919
I'm saying. And so I was willing to take
685
00:25:31,919 --> 00:25:34,080
that stored energy and reinvest it to
686
00:25:34,080 --> 00:25:36,240
take $5,000 a month in income to make it
687
00:25:36,240 --> 00:25:38,240
$6,000 a month because I knew that over
688
00:25:38,240 --> 00:25:40,400
a year I was going to make 12. And so if
689
00:25:40,400 --> 00:25:42,640
it cost me two to make the 12 in income,
690
00:25:42,640 --> 00:25:44,480
I would make that trade every time. And
691
00:25:44,480 --> 00:25:46,799
so whenever I'd save up a small like
692
00:25:46,799 --> 00:25:49,200
nut, now obviously I've always been
693
00:25:49,200 --> 00:25:50,559
pretty good at about spending money.
694
00:25:50,559 --> 00:25:53,120
Like I I' I haven't had that that habit.
695
00:25:53,120 --> 00:25:55,360
So like again foundations like first
696
00:25:55,360 --> 00:25:57,440
it's your fault. Second spend less than
697
00:25:57,440 --> 00:26:00,240
you make. Third, take all of the excess
698
00:26:00,240 --> 00:26:02,960
and spend it on making more because if
699
00:26:02,960 --> 00:26:06,320
you're making minimum wage, I'm gonna
700
00:26:06,320 --> 00:26:08,559
say what you probably already know.
701
00:26:08,559 --> 00:26:10,400
You're not going to get ahead. Like,
702
00:26:10,400 --> 00:26:12,000
you're not going to save your way there.
703
00:26:12,000 --> 00:26:13,600
You're not like, everyone loves to tell
704
00:26:13,600 --> 00:26:14,480
the story of that one girl at
705
00:26:14,480 --> 00:26:15,440
McDonald's, but you know, they don't
706
00:26:15,440 --> 00:26:17,360
tell the other 100 million people who
707
00:26:17,360 --> 00:26:19,279
worked at McDonald's over over the world
708
00:26:19,279 --> 00:26:21,039
who didn't make it. And like the outcome
709
00:26:21,039 --> 00:26:22,480
they're talking about is like she made
710
00:26:22,480 --> 00:26:24,640
$8 million over 40 years working
711
00:26:24,640 --> 00:26:28,400
McDonald's. like you can shoot for more.
712
00:26:28,400 --> 00:26:31,840
And so like take the money you make,
713
00:26:31,840 --> 00:26:33,760
live on nothing, and the hard part is to
714
00:26:33,760 --> 00:26:34,960
swallowing the pride for the fact that
715
00:26:34,960 --> 00:26:36,320
in the short term, everyone's going to
716
00:26:36,320 --> 00:26:37,600
be right when they say that you're
717
00:26:37,600 --> 00:26:39,679
amounting to nothing. And that's the
718
00:26:39,679 --> 00:26:41,360
tough part. That's the glass that you
719
00:26:41,360 --> 00:26:42,799
have to you have to swallow that. You
720
00:26:42,799 --> 00:26:46,240
have to pull towards you. And there's
721
00:26:46,240 --> 00:26:48,400
just no other way. Like you have to
722
00:26:48,400 --> 00:26:50,159
learn the skills. Now, I mean, to be
723
00:26:50,159 --> 00:26:53,039
fair, YouTube didn't exist
724
00:26:53,039 --> 00:26:55,440
when I was doing this. And like
725
00:26:55,440 --> 00:26:57,520
Instagram was like a new platform. So
726
00:26:57,520 --> 00:26:59,279
like all this stuff like the stuff we
727
00:26:59,279 --> 00:27:00,720
have today is crazy. Like the fact that
728
00:27:00,720 --> 00:27:02,080
these videos and this podcast like all
729
00:27:02,080 --> 00:27:03,360
the stuff didn't ex like I remember when
730
00:27:03,360 --> 00:27:05,600
podcasting came out like I was already a
731
00:27:05,600 --> 00:27:07,919
business owner. Like none of this stuff
732
00:27:07,919 --> 00:27:10,159
existed. But at the time I just took all
733
00:27:10,159 --> 00:27:11,760
the money I had. And I I want to I want
734
00:27:11,760 --> 00:27:14,159
to make this point again is that people
735
00:27:14,159 --> 00:27:15,840
think that the money is about buying
736
00:27:15,840 --> 00:27:17,600
courses and stuff like that. And you can
737
00:27:17,600 --> 00:27:18,559
like there's nothing wrong with that.
738
00:27:18,559 --> 00:27:19,760
I've learned a ton from a lot of the
739
00:27:19,760 --> 00:27:20,799
stuff that I've bought to be really
740
00:27:20,799 --> 00:27:22,720
honest with you. But I think that I've
741
00:27:22,720 --> 00:27:23,919
always had an amazing return on
742
00:27:23,919 --> 00:27:26,159
education because I always did it. And I
743
00:27:26,159 --> 00:27:28,400
think like I always wanted to be the
744
00:27:28,400 --> 00:27:29,679
best student in every class and I was
745
00:27:29,679 --> 00:27:31,440
good at school and I and I I just took
746
00:27:31,440 --> 00:27:32,799
business as a different another another
747
00:27:32,799 --> 00:27:34,880
type of school. But part of the expenses
748
00:27:34,880 --> 00:27:36,240
that come into like what you take that
749
00:27:36,240 --> 00:27:38,960
money for is experiments that fail. And
750
00:27:38,960 --> 00:27:40,320
so one of the things that happens when
751
00:27:40,320 --> 00:27:42,640
you're broke is that you bet on stuff
752
00:27:42,640 --> 00:27:44,480
and then it doesn't work and people feel
753
00:27:44,480 --> 00:27:45,760
like they're back at zero. But you're
754
00:27:45,760 --> 00:27:47,520
not back at zero. you're at where you
755
00:27:47,520 --> 00:27:50,240
were plus one experience, plus two
756
00:27:50,240 --> 00:27:51,679
experiences, plus three experiences,
757
00:27:51,679 --> 00:27:52,799
plus four experience. But when you have
758
00:27:52,799 --> 00:27:55,360
plus 18 experiences, all of a sudden,
759
00:27:55,360 --> 00:27:57,760
boop, you level up one. You get
760
00:27:57,760 --> 00:27:58,960
experience points. There's a reason in
761
00:27:58,960 --> 00:28:00,399
video games call experience points. So,
762
00:28:00,399 --> 00:28:01,600
you didn't trade it for nothing. You got
763
00:28:01,600 --> 00:28:03,120
an experience point. And with enough
764
00:28:03,120 --> 00:28:04,480
experience points, you get to the next
765
00:28:04,480 --> 00:28:06,080
level. And so, I think if you just even
766
00:28:06,080 --> 00:28:07,200
thought about it like that, it's not a
767
00:28:07,200 --> 00:28:08,720
loss, but an experience point. It could
768
00:28:08,720 --> 00:28:10,159
get you could bridge the gap between
769
00:28:10,159 --> 00:28:11,520
your current income level and the income
770
00:28:11,520 --> 00:28:12,880
level that you want to get to. And then
771
00:28:12,880 --> 00:28:14,159
guess what? There's more experience
772
00:28:14,159 --> 00:28:15,679
point that you have to get there. And
773
00:28:15,679 --> 00:28:17,760
those experience points also cost more
774
00:28:17,760 --> 00:28:19,919
money. Because when you take a bet in
775
00:28:19,919 --> 00:28:21,200
the beginning, and when I say it costs
776
00:28:21,200 --> 00:28:23,679
money, it's like if you run an ad and it
777
00:28:23,679 --> 00:28:25,200
doesn't work, it costs money. If you
778
00:28:25,200 --> 00:28:27,039
want to set up a Shopify store or an
779
00:28:27,039 --> 00:28:29,520
e-commerce store and you spend 30, 40,
780
00:28:29,520 --> 00:28:30,960
50 bucks a month, whatever, it costs
781
00:28:30,960 --> 00:28:33,760
money. Um, and it does, you know, like
782
00:28:33,760 --> 00:28:35,279
all of these things cost money to start.
783
00:28:35,279 --> 00:28:36,480
Now, mind you, it cost a lot less than
784
00:28:36,480 --> 00:28:37,600
it did in the 20s when you had to
785
00:28:37,600 --> 00:28:38,799
mortgage your house and guarantee that
786
00:28:38,799 --> 00:28:40,080
you'd win or you'd lose everything
787
00:28:40,080 --> 00:28:42,480
forever. Um, so like the bar hasn't
788
00:28:42,480 --> 00:28:44,000
never been lower than it is now, but
789
00:28:44,000 --> 00:28:45,600
there still is a bar and you have to get
790
00:28:45,600 --> 00:28:47,360
over it. And I still think that the vast
791
00:28:47,360 --> 00:28:48,799
majority of the [ __ ] that people trying
792
00:28:48,799 --> 00:28:50,640
to get over has nothing to do with the
793
00:28:50,640 --> 00:28:52,000
difficulty of business. But the first
794
00:28:52,000 --> 00:28:53,840
step, the foundation, which is it is my
795
00:28:53,840 --> 00:28:57,360
fault that I am here and in it being my
796
00:28:57,360 --> 00:28:58,880
fault, I am the one who can get me out
797
00:28:58,880 --> 00:29:01,039
of it. It sounds like in that stage
798
00:29:01,039 --> 00:29:02,960
three when you start experimenting and
799
00:29:02,960 --> 00:29:05,120
investing in that and let's say the kid
800
00:29:05,120 --> 00:29:06,320
who has a failed drop shipping
801
00:29:06,320 --> 00:29:07,840
experiment or starts a school group and
802
00:29:07,840 --> 00:29:09,039
they want to win the school games but
803
00:29:09,039 --> 00:29:10,799
they don't. Their measuring stick for
804
00:29:10,799 --> 00:29:11,919
whether or not they're doing well
805
00:29:11,919 --> 00:29:13,120
shouldn't be how much money they're
806
00:29:13,120 --> 00:29:14,640
making
807
00:29:14,640 --> 00:29:16,000
>> or should like should they be thinking
808
00:29:16,000 --> 00:29:19,919
about money at that point or
809
00:29:19,919 --> 00:29:22,960
>> so the wealthiest people I know
810
00:29:22,960 --> 00:29:25,200
only think about skills. They think
811
00:29:25,200 --> 00:29:26,880
about what can I learn and then what can
812
00:29:26,880 --> 00:29:30,559
this skill get me? And so they will
813
00:29:30,559 --> 00:29:32,080
always
814
00:29:32,080 --> 00:29:34,240
take any money they can to buy more
815
00:29:34,240 --> 00:29:36,640
skills.
816
00:29:36,640 --> 00:29:38,799
And in the beginning, you have to buy
817
00:29:38,799 --> 00:29:41,279
all the skills yourself. Once you have
818
00:29:41,279 --> 00:29:42,880
enough skills that you can generate an
819
00:29:42,880 --> 00:29:44,559
excess of income, you can start buying
820
00:29:44,559 --> 00:29:46,240
other people's lives. And what I mean by
821
00:29:46,240 --> 00:29:47,840
that is like everything comes down to
822
00:29:47,840 --> 00:29:51,039
buying time. And so at some point you're
823
00:29:51,039 --> 00:29:52,720
10 years into your career and you have a
824
00:29:52,720 --> 00:29:54,000
handful of skills, but you can buy
825
00:29:54,000 --> 00:29:56,000
someone else's 10 years of skills by
826
00:29:56,000 --> 00:29:57,520
just paying them to do something, too.
827
00:29:57,520 --> 00:29:58,799
is you don't have to learn all those
828
00:29:58,799 --> 00:30:00,799
things. And so you do need to get good
829
00:30:00,799 --> 00:30:02,159
at stuff and then eventually you
830
00:30:02,159 --> 00:30:03,440
generalize to being good at people. And
831
00:30:03,440 --> 00:30:04,880
that's pretty much always the path for
832
00:30:04,880 --> 00:30:05,760
everyone.
833
00:30:05,760 --> 00:30:07,039
>> Maybe the framing is like a lot of
834
00:30:07,039 --> 00:30:08,799
people who are wanting to make more
835
00:30:08,799 --> 00:30:10,559
money just don't know what the avenues
836
00:30:10,559 --> 00:30:10,799
are.
837
00:30:10,799 --> 00:30:13,679
>> Yeah. So a lot of people who want to
838
00:30:13,679 --> 00:30:15,520
make money don't understand how money is
839
00:30:15,520 --> 00:30:19,039
made. And so it's made by getting it
840
00:30:19,039 --> 00:30:21,039
from someone else and they have to give
841
00:30:21,039 --> 00:30:23,760
it to you voluntarily or it's theft. And
842
00:30:23,760 --> 00:30:25,919
so assuming you don't want to steal,
843
00:30:25,919 --> 00:30:27,520
then you have to give something to
844
00:30:27,520 --> 00:30:30,559
someone else first. And then by doing
845
00:30:30,559 --> 00:30:32,480
that, they give you money in exchange,
846
00:30:32,480 --> 00:30:34,240
which is why I love capitalism. It's
847
00:30:34,240 --> 00:30:36,559
voluntary exchange between two parties.
848
00:30:36,559 --> 00:30:38,240
And both parties say thank you at the
849
00:30:38,240 --> 00:30:39,919
end because both parties think they're
850
00:30:39,919 --> 00:30:42,480
better off from the trade. And so the
851
00:30:42,480 --> 00:30:44,240
idea is what you want to be able to do
852
00:30:44,240 --> 00:30:47,200
is find something valuable to trade. And
853
00:30:47,200 --> 00:30:50,000
so you can either trade stuff, you can
854
00:30:50,000 --> 00:30:52,640
find a place where you can get stuff and
855
00:30:52,640 --> 00:30:54,240
then bring it to other people where it's
856
00:30:54,240 --> 00:30:56,320
convenient for them so they pay you more
857
00:30:56,320 --> 00:30:57,919
than you did when you had to go find it
858
00:30:57,919 --> 00:31:00,720
at some back alley cuz you know suburban
859
00:31:00,720 --> 00:31:02,159
mom doesn't want to go into back alley
860
00:31:02,159 --> 00:31:04,000
to get x y and z but you'll give it to
861
00:31:04,000 --> 00:31:05,520
her. Man, it sounds like I'm explaining
862
00:31:05,520 --> 00:31:08,080
drugs, but
863
00:31:08,080 --> 00:31:09,360
well, there's a reason they make money.
864
00:31:09,360 --> 00:31:11,279
But anyways, point is is that you can
865
00:31:11,279 --> 00:31:14,399
sell stuff at a mar at a margin and a
866
00:31:14,399 --> 00:31:15,600
part of that margin is going to be the
867
00:31:15,600 --> 00:31:17,120
convenience that you deliver them. And
868
00:31:17,120 --> 00:31:18,640
either you're selling stuff that someone
869
00:31:18,640 --> 00:31:19,919
else manufactures or you create your own
870
00:31:19,919 --> 00:31:20,799
stuff. Now, if you're starting out,
871
00:31:20,799 --> 00:31:21,760
you're probably going to sell someone
872
00:31:21,760 --> 00:31:23,760
else's stuff. And I do think and I I
873
00:31:23,760 --> 00:31:26,399
mean I'm saying this right now,
874
00:31:26,399 --> 00:31:29,200
I do love the concept that the first
875
00:31:29,200 --> 00:31:30,640
thing you sell is not the last thing
876
00:31:30,640 --> 00:31:33,120
you're going to sell. And so learning to
877
00:31:33,120 --> 00:31:34,480
sell in and of itself, the best way to
878
00:31:34,480 --> 00:31:36,559
learn to sell is sell something. And
879
00:31:36,559 --> 00:31:39,279
that's why uh referral referral uh
880
00:31:39,279 --> 00:31:41,279
programs, ambassador programs, affiliate
881
00:31:41,279 --> 00:31:42,559
programs for different types of
882
00:31:42,559 --> 00:31:44,080
businesses, almost every business I've
883
00:31:44,080 --> 00:31:46,720
ever owned has an affiliate program. Um
884
00:31:46,720 --> 00:31:48,159
it's great to enroll in those. I'm not
885
00:31:48,159 --> 00:31:49,120
even going to say any of the names of
886
00:31:49,120 --> 00:31:50,399
the companies that that we have because
887
00:31:50,399 --> 00:31:52,159
I want you like it's not about that. I
888
00:31:52,159 --> 00:31:54,880
want you to if you can just because then
889
00:31:54,880 --> 00:31:56,080
you you only have to figure out one
890
00:31:56,080 --> 00:31:57,840
skill. Like if I just sell someone, if I
891
00:31:57,840 --> 00:31:59,919
just promote, I get paid. Cool. And I
892
00:31:59,919 --> 00:32:01,279
can just do it over and over again. Now
893
00:32:01,279 --> 00:32:02,559
over time you're like, man, I want to
894
00:32:02,559 --> 00:32:04,480
make more of the nut. Cool. Then you
895
00:32:04,480 --> 00:32:05,600
just you eat up more of the
896
00:32:05,600 --> 00:32:07,200
responsibility.
897
00:32:07,200 --> 00:32:11,600
So you can either sell stuff or you can
898
00:32:11,600 --> 00:32:13,919
sell skills. You can scale sell
899
00:32:13,919 --> 00:32:15,760
outcomes. And so that's where you
900
00:32:15,760 --> 00:32:17,440
develop a certain expertise. So like in
901
00:32:17,440 --> 00:32:18,880
the beginning for me and like the first
902
00:32:18,880 --> 00:32:21,039
time this ever like the first money I
903
00:32:21,039 --> 00:32:23,519
ever made from a stranger was that I had
904
00:32:23,519 --> 00:32:26,000
a lady at the gym. It's a real story. I
905
00:32:26,000 --> 00:32:28,480
was in really good shape. I like to
906
00:32:28,480 --> 00:32:31,840
think so. And she said,"Will you meet me
907
00:32:31,840 --> 00:32:33,760
uh and do a nutrition consultation for
908
00:32:33,760 --> 00:32:35,039
me?" And she didn't even say that. She
909
00:32:35,039 --> 00:32:36,240
said, "Will you help me with my food?" I
910
00:32:36,240 --> 00:32:37,279
think is what she said. And I said,
911
00:32:37,279 --> 00:32:40,960
"Sure." Um, and so we met at a at a
912
00:32:40,960 --> 00:32:42,640
pizza place, ironically.
913
00:32:42,640 --> 00:32:44,159
>> No, this was after college. This is
914
00:32:44,159 --> 00:32:46,000
after I graduated from college um when I
915
00:32:46,000 --> 00:32:48,559
was still consultant. So I I went we met
916
00:32:48,559 --> 00:32:51,919
at a pizza place. And I was like, "Okay,
917
00:32:51,919 --> 00:32:53,360
well, what are you currently eating?"
918
00:32:53,360 --> 00:32:54,720
And she was like, "This." And I was
919
00:32:54,720 --> 00:32:55,600
like, "Well, what do you want to do?"
920
00:32:55,600 --> 00:32:56,640
She's like, "I'm trying to lose weight."
921
00:32:56,640 --> 00:32:58,640
And I was like, "Well, this is something
922
00:32:58,640 --> 00:33:00,080
I eat for breakfast that's less calories
923
00:33:00,080 --> 00:33:01,279
than your thing. It's pretty good." And
924
00:33:01,279 --> 00:33:02,640
try this and try this and try this. And
925
00:33:02,640 --> 00:33:05,360
it took like an hour. And then um I had
926
00:33:05,360 --> 00:33:07,039
like a notepad and I gave her the the
927
00:33:07,039 --> 00:33:08,720
notes or whatever. And she took out her
928
00:33:08,720 --> 00:33:11,279
purse and she wrote $200 on a check and
929
00:33:11,279 --> 00:33:12,399
she handed it to me. She was like,
930
00:33:12,399 --> 00:33:17,159
"Thanks so much." And I was like
931
00:33:17,919 --> 00:33:19,120
looked I was just like looking at the
932
00:33:19,120 --> 00:33:20,080
check, looking at her, looking at the
933
00:33:20,080 --> 00:33:21,200
check, looking at her. And I was like,
934
00:33:21,200 --> 00:33:22,880
"Okay, don't act surprised." And I was
935
00:33:22,880 --> 00:33:25,279
like, "Uh, thanks." And then she left
936
00:33:25,279 --> 00:33:27,440
and I was like, "Holy shit." I was like,
937
00:33:27,440 --> 00:33:29,200
"I just got paid for." But like
938
00:33:29,200 --> 00:33:30,799
realistically, I'd been in at this point
939
00:33:30,799 --> 00:33:32,480
I was competing. So I'm winning. I'm
940
00:33:32,480 --> 00:33:33,760
like I had a state record at that point.
941
00:33:33,760 --> 00:33:34,960
Like I was in I was in shape, you know
942
00:33:34,960 --> 00:33:37,919
what I mean? Um and I think she knew I
943
00:33:37,919 --> 00:33:39,120
was a state record holder cuz the gym
944
00:33:39,120 --> 00:33:42,720
that I was powerlifting gym. Um but I
945
00:33:42,720 --> 00:33:44,640
had done some stuff. I had gotten some
946
00:33:44,640 --> 00:33:46,640
level of authority on some tiny thing
947
00:33:46,640 --> 00:33:49,519
and people were like, "Oh, can you help
948
00:33:49,519 --> 00:33:51,600
me with that, too?" And to be really
949
00:33:51,600 --> 00:33:53,360
honest with you, my entire life, and I'm
950
00:33:53,360 --> 00:33:55,200
saying like there's many paths, but like
951
00:33:55,200 --> 00:33:57,360
my life has been
952
00:33:57,360 --> 00:33:59,360
learn something, get good at it, have
953
00:33:59,360 --> 00:34:00,559
evidence that you were good at the
954
00:34:00,559 --> 00:34:02,000
thing, and then people ask you for help
955
00:34:02,000 --> 00:34:03,919
on that thing. And so, in the beginning,
956
00:34:03,919 --> 00:34:05,600
people asked me how to get in shape. And
957
00:34:05,600 --> 00:34:06,960
then I started a business around getting
958
00:34:06,960 --> 00:34:08,720
people in shape. And then people who had
959
00:34:08,720 --> 00:34:09,919
businesses around getting people in
960
00:34:09,919 --> 00:34:11,280
shape asked me how I was getting my
961
00:34:11,280 --> 00:34:12,320
businesses that were getting people in
962
00:34:12,320 --> 00:34:14,320
shape to work. And then people who had
963
00:34:14,320 --> 00:34:16,320
businesses that were national scale that
964
00:34:16,320 --> 00:34:17,919
helped people in a specific niche or
965
00:34:17,919 --> 00:34:19,520
industry started asking me how I was
966
00:34:19,520 --> 00:34:20,720
helping people in a specific niche or
967
00:34:20,720 --> 00:34:22,320
industry. And then people who had really
968
00:34:22,320 --> 00:34:23,520
big businesses just started asking me
969
00:34:23,520 --> 00:34:24,879
how did you get a really big business?
970
00:34:24,879 --> 00:34:27,440
And so like my entire life been simply
971
00:34:27,440 --> 00:34:29,440
doing as hard as I [ __ ] could to get
972
00:34:29,440 --> 00:34:31,359
good at something and then do it enough
973
00:34:31,359 --> 00:34:33,520
times. And to be really like very clear
974
00:34:33,520 --> 00:34:35,280
with you, every time I did it, it was
975
00:34:35,280 --> 00:34:37,040
not to move on to the next step. It was
976
00:34:37,040 --> 00:34:39,200
to just get good at the thing. And then
977
00:34:39,200 --> 00:34:40,800
by getting good at the thing, people
978
00:34:40,800 --> 00:34:42,960
asked me about it. And so it wasn't like
979
00:34:42,960 --> 00:34:44,560
I lost 10 pounds and then tried to start
980
00:34:44,560 --> 00:34:47,119
selling, you know, weight loss advice. I
981
00:34:47,119 --> 00:34:50,960
had multiple state records and I like
982
00:34:50,960 --> 00:34:52,320
I looked good, you know what I mean?
983
00:34:52,320 --> 00:34:55,040
Like I was in very good shape. And then
984
00:34:55,040 --> 00:34:56,639
people started asking me about it. And
985
00:34:56,639 --> 00:34:59,280
then I didn't have one gym and start
986
00:34:59,280 --> 00:35:00,560
telling people, hey, here's how you run
987
00:35:00,560 --> 00:35:03,520
a I had six gyms by the time I was 26.
988
00:35:03,520 --> 00:35:04,960
And then people were like, okay, you're
989
00:35:04,960 --> 00:35:06,400
26 and you have six gyms and you did all
990
00:35:06,400 --> 00:35:07,920
cash flow. Like you're doing something
991
00:35:07,920 --> 00:35:10,560
right. And then people started asking me
992
00:35:10,560 --> 00:35:12,480
about the stuff. And then and then when
993
00:35:12,480 --> 00:35:14,400
I had the licensing business doing 4
994
00:35:14,400 --> 00:35:16,079
million a month, people who had other
995
00:35:16,079 --> 00:35:17,520
bigger businesses are doing a million a
996
00:35:17,520 --> 00:35:18,720
month or 500,000 a month. They're like,
997
00:35:18,720 --> 00:35:19,920
"How do you get to 4 million a month?"
998
00:35:19,920 --> 00:35:21,040
And I was like, "Well, this is what I
999
00:35:21,040 --> 00:35:23,119
did." And so, like, I've just tried to
1000
00:35:23,119 --> 00:35:26,240
figure it out. And it's it's like the
1001
00:35:26,240 --> 00:35:27,680
path has always been revealed as I took
1002
00:35:27,680 --> 00:35:30,000
more steps. And so, I think a big
1003
00:35:30,000 --> 00:35:31,359
fallacy in the early on days is trying
1004
00:35:31,359 --> 00:35:32,240
to think that you're going to figure out
1005
00:35:32,240 --> 00:35:33,760
the entire path before you even take the
1006
00:35:33,760 --> 00:35:34,720
first step.
1007
00:35:34,720 --> 00:35:36,960
>> It's just not true. Real quick, I have
1008
00:35:36,960 --> 00:35:39,200
the most amazing offer for you, which is
1009
00:35:39,200 --> 00:35:43,599
all three of my books for free. Uh, just
1010
00:35:43,599 --> 00:35:44,560
cover the shipping. I think it's like
1011
00:35:44,560 --> 00:35:46,640
five or six bucks in shipping uh per
1012
00:35:46,640 --> 00:35:48,960
book. Um, you get the actual hardback
1013
00:35:48,960 --> 00:35:50,480
shipped to you. And the reason for that
1014
00:35:50,480 --> 00:35:52,000
is because some of you guys may know we
1015
00:35:52,000 --> 00:35:53,920
had 3.6 million copies that were donated
1016
00:35:53,920 --> 00:35:55,839
from entrepreneurs. And I'm doing my
1017
00:35:55,839 --> 00:35:57,839
part to give the books away, but I'm
1018
00:35:57,839 --> 00:36:00,480
also giving the other two books uh to
1019
00:36:00,480 --> 00:36:02,160
anyone who want them, who choose to
1020
00:36:02,160 --> 00:36:03,839
redeem it. All right. Last time I made
1021
00:36:03,839 --> 00:36:06,320
this offer, uh, it sold out in like 10
1022
00:36:06,320 --> 00:36:08,560
days. Uh, so I did buy a lot more books.
1023
00:36:08,560 --> 00:36:10,079
Um, so if you see this, you know, go
1024
00:36:10,079 --> 00:36:11,599
check it out. Go grab them. Um, these
1025
00:36:11,599 --> 00:36:13,599
are obviously while supplies last. Um,
1026
00:36:13,599 --> 00:36:15,200
because this lives in the video forever.
1027
00:36:15,200 --> 00:36:16,960
And if you get there and it's not there,
1028
00:36:16,960 --> 00:36:18,400
then, you know, don't get upset. All
1029
00:36:18,400 --> 00:36:20,079
right, back to the video.
1030
00:36:20,079 --> 00:36:21,839
>> I was going to ask, how important is it
1031
00:36:21,839 --> 00:36:23,200
for someone to have that moment with the
1032
00:36:23,200 --> 00:36:25,280
check where they just make their first
1033
00:36:25,280 --> 00:36:25,440
Oh,
1034
00:36:25,440 --> 00:36:26,800
>> I mean, in some ways, I think it's
1035
00:36:26,800 --> 00:36:27,920
everything. In other ways, it's nothing.
1036
00:36:27,920 --> 00:36:30,400
Like one of the cool um shameless plug
1037
00:36:30,400 --> 00:36:33,119
for school, the um
1038
00:36:33,119 --> 00:36:35,520
30.44% of people who finish their first
1039
00:36:35,520 --> 00:36:36,720
month of school make their first dollar
1040
00:36:36,720 --> 00:36:41,839
online. And that's like so like
1041
00:36:41,839 --> 00:36:43,920
like that's why we do it. You know what
1042
00:36:43,920 --> 00:36:46,160
I mean? Like I know how hard that first
1043
00:36:46,160 --> 00:36:48,400
dollar is. Like there's so much to get
1044
00:36:48,400 --> 00:36:49,760
the first dollar across the because the
1045
00:36:49,760 --> 00:36:51,200
second dollar comes so much faster after
1046
00:36:51,200 --> 00:36:54,480
that. Um that I mean that's why that's
1047
00:36:54,480 --> 00:36:55,520
why I invest in the company. That's why
1048
00:36:55,520 --> 00:37:00,000
I'm so adamant about it. But um anyways,
1049
00:37:00,000 --> 00:37:03,119
the the point is is that yes, I think
1050
00:37:03,119 --> 00:37:04,880
having the first dollar get across is
1051
00:37:04,880 --> 00:37:07,520
very important. But if you can reframe
1052
00:37:07,520 --> 00:37:08,720
it from that experience points
1053
00:37:08,720 --> 00:37:09,920
perspective, that there's there's
1054
00:37:09,920 --> 00:37:11,280
there's probably three levels before
1055
00:37:11,280 --> 00:37:13,280
that. You have to like level one is that
1056
00:37:13,280 --> 00:37:14,480
you have to understand that it's my
1057
00:37:14,480 --> 00:37:17,280
fault. Level two is that you have to use
1058
00:37:17,280 --> 00:37:19,359
what you have, not what you wish you had
1059
00:37:19,359 --> 00:37:21,200
to get to where you want to go. And
1060
00:37:21,200 --> 00:37:22,880
where you want to go isn't 100 steps
1061
00:37:22,880 --> 00:37:24,960
forward. It's just the next step. And so
1062
00:37:24,960 --> 00:37:26,960
like I don't think that anger drives me
1063
00:37:26,960 --> 00:37:29,359
as much as it used to,
1064
00:37:29,359 --> 00:37:31,760
but it was everything that I had when I
1065
00:37:31,760 --> 00:37:34,240
started. And so if I had listened to the
1066
00:37:34,240 --> 00:37:36,079
positivity mantra when I started, I
1067
00:37:36,079 --> 00:37:37,440
never would have gotten going because
1068
00:37:37,440 --> 00:37:40,240
nothing made me feel happy. And so they
1069
00:37:40,240 --> 00:37:41,599
were like, "Follow your passion." I was
1070
00:37:41,599 --> 00:37:44,240
like, "My passion is to not be poor and
1071
00:37:44,240 --> 00:37:47,280
to not be here in Baltimore. That's my
1072
00:37:47,280 --> 00:37:50,079
passion is not be here." And so that's
1073
00:37:50,079 --> 00:37:52,240
what drove me. And so I think that it
1074
00:37:52,240 --> 00:37:55,599
just needs to be restated that like
1075
00:37:55,599 --> 00:37:58,560
is that the goal? Sure. But is that
1076
00:37:58,560 --> 00:38:02,240
necessary to start? No, it's not. And so
1077
00:38:02,240 --> 00:38:03,839
I can tell you that even when I was
1078
00:38:03,839 --> 00:38:06,400
angry um and getting through that,
1079
00:38:06,400 --> 00:38:08,079
making more money did make my life
1080
00:38:08,079 --> 00:38:10,800
better. Like I had more ability to deal
1081
00:38:10,800 --> 00:38:12,720
with inconveniences, hassles, health
1082
00:38:12,720 --> 00:38:14,480
issues from family members that I had to
1083
00:38:14,480 --> 00:38:15,920
foot the bill for. Like all these things
1084
00:38:15,920 --> 00:38:19,359
like money can provide value. And so,
1085
00:38:19,359 --> 00:38:21,359
um, I'll say this thing that a mentor
1086
00:38:21,359 --> 00:38:22,640
told me. He said, "Money does not buy
1087
00:38:22,640 --> 00:38:24,079
happiness, but it can help you avoid
1088
00:38:24,079 --> 00:38:25,839
pain."
1089
00:38:25,839 --> 00:38:28,800
And so, like, I think there's nothing
1090
00:38:28,800 --> 00:38:30,240
wrong with getting with making money.
1091
00:38:30,240 --> 00:38:34,400
Obviously, I like doing it. Um, but I
1092
00:38:34,400 --> 00:38:36,400
just hate
1093
00:38:36,400 --> 00:38:38,640
the people who espouse that you have to
1094
00:38:38,640 --> 00:38:42,400
feel a certain way to win or that or
1095
00:38:42,400 --> 00:38:45,760
that winning when you are angry or sad
1096
00:38:45,760 --> 00:38:49,599
or in pain or ashamed is somehow wrong.
1097
00:38:49,599 --> 00:38:51,760
And so I just like you have to meet
1098
00:38:51,760 --> 00:38:53,680
success where you're at. And if the
1099
00:38:53,680 --> 00:38:54,800
first step you have to take out of anger
1100
00:38:54,800 --> 00:38:56,000
and the next step you have to take out
1101
00:38:56,000 --> 00:38:57,599
of sadness and the next one you have to
1102
00:38:57,599 --> 00:38:59,599
take out of shame and use that to to
1103
00:38:59,599 --> 00:39:00,800
propel yourself forward. All that
1104
00:39:00,800 --> 00:39:03,280
matters you take the step.
1105
00:39:03,280 --> 00:39:04,560
And one of the things that I always like
1106
00:39:04,560 --> 00:39:05,839
is for a very long time I didn't
1107
00:39:05,839 --> 00:39:07,520
consider myself a good person. I mean, I
1108
00:39:07,520 --> 00:39:10,160
still probably don't, but um in terms of
1109
00:39:10,160 --> 00:39:12,160
like I I always identified with the
1110
00:39:12,160 --> 00:39:15,520
villain um and the oppressor in most
1111
00:39:15,520 --> 00:39:18,480
scenarios, which is bad. But anyways,
1112
00:39:18,480 --> 00:39:22,560
but I there's a point to this is that I
1113
00:39:22,560 --> 00:39:25,200
never thought that I deserved
1114
00:39:25,200 --> 00:39:26,800
the good life. I never thought I didn't
1115
00:39:26,800 --> 00:39:28,240
think I deserve the happy ending. I'll
1116
00:39:28,240 --> 00:39:32,760
put it that way. And so
1117
00:39:32,800 --> 00:39:35,040
the thing that got me through that was
1118
00:39:35,040 --> 00:39:36,720
the idea, and this felt like honestly
1119
00:39:36,720 --> 00:39:39,280
like gaming the system. So like from the
1120
00:39:39,280 --> 00:39:42,720
evil side, was that I could still get
1121
00:39:42,720 --> 00:39:45,920
the good guy's ending if I just did the
1122
00:39:45,920 --> 00:39:49,119
thing that they do to get the ending. So
1123
00:39:49,119 --> 00:39:51,680
I didn't have to do it with pure
1124
00:39:51,680 --> 00:39:53,599
intentions. I didn't have to do it as a
1125
00:39:53,599 --> 00:39:56,000
great guy, but if I just still did the
1126
00:39:56,000 --> 00:39:58,720
things, I could still get the getting.
1127
00:39:58,720 --> 00:40:01,680
And I think for me that that realization
1128
00:40:01,680 --> 00:40:04,000
has been why my ruthless focus on like
1129
00:40:04,000 --> 00:40:06,160
well what did you do? And to everyone
1130
00:40:06,160 --> 00:40:07,920
who listens to my stuff like it's like
1131
00:40:07,920 --> 00:40:11,280
great throw the emotions out. Throw the
1132
00:40:11,280 --> 00:40:13,920
spiritual energy vibrations out. What do
1133
00:40:13,920 --> 00:40:15,680
you do?
1134
00:40:15,680 --> 00:40:17,359
Patience is just figuring out what to do
1135
00:40:17,359 --> 00:40:20,480
in the meantime. Like courage is acting
1136
00:40:20,480 --> 00:40:23,280
as though you weren't afraid. Like like
1137
00:40:23,280 --> 00:40:25,520
what do you do? And then eliminating
1138
00:40:25,520 --> 00:40:26,880
everything else and then just doing that
1139
00:40:26,880 --> 00:40:28,240
and then doing whatever mental tricks
1140
00:40:28,240 --> 00:40:29,440
you have to do which is like there were
1141
00:40:29,440 --> 00:40:30,960
slaves who work seven days a week. So
1142
00:40:30,960 --> 00:40:35,520
can I like and then alternatively
1143
00:40:35,520 --> 00:40:37,359
catastrophizing
1144
00:40:37,359 --> 00:40:39,680
the alternative path which is that if I
1145
00:40:39,680 --> 00:40:41,920
do not do anything
1146
00:40:41,920 --> 00:40:43,920
this is what will happen eventually that
1147
00:40:43,920 --> 00:40:46,720
pain in the future will be my pain today
1148
00:40:46,720 --> 00:40:48,320
and then actively thinking about what
1149
00:40:48,320 --> 00:40:50,560
that pain would be like and then seeing
1150
00:40:50,560 --> 00:40:52,160
if that can make you more uncomfortable
1151
00:40:52,160 --> 00:40:54,400
than the comfort that you're in. And I
1152
00:40:54,400 --> 00:40:55,760
think I mean I think Tony Robbins says
1153
00:40:55,760 --> 00:40:58,079
this. He says change happens when the
1154
00:40:58,079 --> 00:41:00,480
pain of staying the same sorry when the
1155
00:41:00,480 --> 00:41:02,160
pain of change is less than the pain of
1156
00:41:02,160 --> 00:41:03,839
staying the same. And so if you're
1157
00:41:03,839 --> 00:41:05,760
comfortable in staying the same the
1158
00:41:05,760 --> 00:41:08,480
point is to make yourself more in pain
1159
00:41:08,480 --> 00:41:11,520
to get yourself to move. And so I think
1160
00:41:11,520 --> 00:41:13,760
there's a skill in being able to future
1161
00:41:13,760 --> 00:41:16,079
pace and think through what pain you're
1162
00:41:16,079 --> 00:41:17,839
going to go through. Like if you're like
1163
00:41:17,839 --> 00:41:20,720
man okay I have gained 5 pounds a year
1164
00:41:20,720 --> 00:41:22,720
and it has been four years so I'm 20
1165
00:41:22,720 --> 00:41:25,680
pounds up. Well, if four years from now
1166
00:41:25,680 --> 00:41:27,760
I'm another 20 pounds heavier and
1167
00:41:27,760 --> 00:41:30,720
imagining the snide comments at the
1168
00:41:30,720 --> 00:41:33,680
holiday party or the if you're a girl,
1169
00:41:33,680 --> 00:41:35,119
the guy who says, "Man, she'd be really
1170
00:41:35,119 --> 00:41:39,119
cute if she lost 40 lbs." Or like even
1171
00:41:39,119 --> 00:41:40,560
like I'm I'm going girls perspective
1172
00:41:40,560 --> 00:41:42,640
here. A guy who says something that's
1173
00:41:42,640 --> 00:41:44,800
like, "Um,
1174
00:41:44,800 --> 00:41:46,319
I would be with her, but she's just
1175
00:41:46,319 --> 00:41:48,720
she's just too fat. She's just not cute
1176
00:41:48,720 --> 00:41:50,880
enough." And you're like, "Wow, that's
1177
00:41:50,880 --> 00:41:52,400
so politically incorrect." Deal with it.
1178
00:41:52,400 --> 00:41:55,920
It's [ __ ] life.
1179
00:41:55,920 --> 00:41:57,280
But the thing is is like your thoughts
1180
00:41:57,280 --> 00:41:58,480
don't need to be politically correct.
1181
00:41:58,480 --> 00:41:59,440
They're your thoughts. They're no one
1182
00:41:59,440 --> 00:42:00,960
else's thoughts. And so whatever you
1183
00:42:00,960 --> 00:42:02,240
have to do to get yourself there. And
1184
00:42:02,240 --> 00:42:04,319
for me, the idea that a girl that I
1185
00:42:04,319 --> 00:42:05,359
would want to be with would be like, I
1186
00:42:05,359 --> 00:42:06,480
just don't think he's ambitious enough.
1187
00:42:06,480 --> 00:42:08,160
I don't think he's successful enough.
1188
00:42:08,160 --> 00:42:10,960
Like that those ideas killed me. And so
1189
00:42:10,960 --> 00:42:12,720
I never wanted to be denied entry to
1190
00:42:12,720 --> 00:42:14,480
somewhere because I didn't have these
1191
00:42:14,480 --> 00:42:17,200
things. Now, do I believe that people
1192
00:42:17,200 --> 00:42:18,720
should be denied entry? No. But I also
1193
00:42:18,720 --> 00:42:20,480
realize that's the way the world is. And
1194
00:42:20,480 --> 00:42:21,839
so you I think you can balance both
1195
00:42:21,839 --> 00:42:22,960
beliefs. Like I'd love things to be
1196
00:42:22,960 --> 00:42:24,000
different, but I accept the fact that
1197
00:42:24,000 --> 00:42:24,560
they're not.
1198
00:42:24,560 --> 00:42:26,000
>> Does this feel like a good argument for
1199
00:42:26,000 --> 00:42:27,280
getting rid of other broke friends?
1200
00:42:27,280 --> 00:42:29,280
Because I bet other broke friends reduce
1201
00:42:29,280 --> 00:42:30,880
the pain of staying the same.
1202
00:42:30,880 --> 00:42:34,400
>> A friend who supports you is someone who
1203
00:42:34,400 --> 00:42:36,640
deliberately
1204
00:42:36,640 --> 00:42:40,640
decreases the possibility of failure.
1205
00:42:40,640 --> 00:42:43,200
And so if you look at your friends and
1206
00:42:43,200 --> 00:42:45,599
you ask yourself, does this person
1207
00:42:45,599 --> 00:42:47,680
increase or decrease the possibility of
1208
00:42:47,680 --> 00:42:49,920
failure with my goal? It's very easy to
1209
00:42:49,920 --> 00:42:51,040
answer that question. It's yes or no.
1210
00:42:51,040 --> 00:42:52,319
It's increase or decrease. There's no in
1211
00:42:52,319 --> 00:42:53,520
between. Do they increase or they
1212
00:42:53,520 --> 00:42:55,440
decrease my possibility that I get to my
1213
00:42:55,440 --> 00:42:59,040
goal? If the answer is decrease,
1214
00:42:59,040 --> 00:43:01,920
then get rid of them. Because imagine
1215
00:43:01,920 --> 00:43:04,000
that you have a 100% chance of hitting
1216
00:43:04,000 --> 00:43:05,599
your goal and you have three friends
1217
00:43:05,599 --> 00:43:08,240
that have a 30% decrease. Like you might
1218
00:43:08,240 --> 00:43:10,400
now have a have a [ __ ] you know,
1219
00:43:10,400 --> 00:43:11,680
whatever a third times three is,
1220
00:43:11,680 --> 00:43:13,200
whatever. You have 27% chance of hitting
1221
00:43:13,200 --> 00:43:14,319
your goal now because you have three
1222
00:43:14,319 --> 00:43:15,119
terrible friends.
1223
00:43:15,119 --> 00:43:16,400
>> Like negative experience.
1224
00:43:16,400 --> 00:43:19,839
>> Yeah. Yeah. They're they're they're it's
1225
00:43:19,839 --> 00:43:21,680
like getting in video games. It's like
1226
00:43:21,680 --> 00:43:22,960
you've got somebody who's casting like a
1227
00:43:22,960 --> 00:43:24,800
slow spell on you and you're like moving
1228
00:43:24,800 --> 00:43:26,240
so slow and you're like weak and like
1229
00:43:26,240 --> 00:43:27,680
all your all your hits have like half
1230
00:43:27,680 --> 00:43:30,000
power. Like
1231
00:43:30,000 --> 00:43:33,040
a lot of people need to shed
1232
00:43:33,040 --> 00:43:34,800
friendships, but the thing is it's more
1233
00:43:34,800 --> 00:43:36,240
that they call them friends, but they're
1234
00:43:36,240 --> 00:43:39,119
not really friends. They're just there.
1235
00:43:39,119 --> 00:43:40,640
And they're there because they've always
1236
00:43:40,640 --> 00:43:42,720
been there, but not because they should
1237
00:43:42,720 --> 00:43:44,079
be there, but because they're going to
1238
00:43:44,079 --> 00:43:45,359
help you get to where you want to go.
1239
00:43:45,359 --> 00:43:47,119
They just they're just there. They
1240
00:43:47,119 --> 00:43:49,520
exist. They're not going anywhere. They
1241
00:43:49,520 --> 00:43:51,359
don't have goals and they're at a
1242
00:43:51,359 --> 00:43:52,400
different part in their journey. There's
1243
00:43:52,400 --> 00:43:53,920
nothing wrong with that. But if you're
1244
00:43:53,920 --> 00:43:56,400
going to start the path of of of
1245
00:43:56,400 --> 00:43:58,319
drinking glass and starting to to to
1246
00:43:58,319 --> 00:43:59,520
double time, you got to live your life
1247
00:43:59,520 --> 00:44:00,720
and you got to live tomorrow's life and
1248
00:44:00,720 --> 00:44:02,240
the next day's life and start dragging
1249
00:44:02,240 --> 00:44:05,520
that towards you, they're going to
1250
00:44:05,520 --> 00:44:08,400
they're going to be upset about it. And
1251
00:44:08,400 --> 00:44:10,000
so one of the sayings I recently have
1252
00:44:10,000 --> 00:44:13,040
that I like a lot which is there are no
1253
00:44:13,040 --> 00:44:15,040
social obligations only social
1254
00:44:15,040 --> 00:44:16,560
consequences.
1255
00:44:16,560 --> 00:44:19,440
And the people who want to deliver those
1256
00:44:19,440 --> 00:44:22,480
consequences often do it by talking to
1257
00:44:22,480 --> 00:44:25,200
you less and by avoiding you more. They
1258
00:44:25,200 --> 00:44:27,119
try to spend less time with you and talk
1259
00:44:27,119 --> 00:44:29,280
to you less to punish you for the fact
1260
00:44:29,280 --> 00:44:30,640
that you missed the party. You missed
1261
00:44:30,640 --> 00:44:31,839
the going out. You didn't show up to
1262
00:44:31,839 --> 00:44:32,960
their wedding. You didn't show up to
1263
00:44:32,960 --> 00:44:36,240
their dogs christening or whatever.
1264
00:44:36,240 --> 00:44:38,079
But the crazy thing is is that if you
1265
00:44:38,079 --> 00:44:41,119
felt obligated to go, then it means you
1266
00:44:41,119 --> 00:44:44,000
didn't want to go. And if it mean that
1267
00:44:44,000 --> 00:44:45,760
means that if you didn't want to go and
1268
00:44:45,760 --> 00:44:47,520
the punishment of not going is that you
1269
00:44:47,520 --> 00:44:48,720
don't have to go more in the future
1270
00:44:48,720 --> 00:44:49,920
because they avoid you. They don't
1271
00:44:49,920 --> 00:44:51,760
invite you anymore. Then to me that's a
1272
00:44:51,760 --> 00:44:54,079
win-win. You save time today and you
1273
00:44:54,079 --> 00:44:55,760
save time tomorrow. And I don't
1274
00:44:55,760 --> 00:44:57,040
understand why people are not willing to
1275
00:44:57,040 --> 00:44:58,880
deal with that. Like just looking at
1276
00:44:58,880 --> 00:45:00,400
what happens rather than whatever
1277
00:45:00,400 --> 00:45:01,680
emotional noise they make with their
1278
00:45:01,680 --> 00:45:03,760
face at you like moving past that.
1279
00:45:03,760 --> 00:45:05,599
Great. You expelled air at me.
1280
00:45:05,599 --> 00:45:07,520
Understood. Got it. But the outcome is
1281
00:45:07,520 --> 00:45:09,760
you will no longer invite me, which is
1282
00:45:09,760 --> 00:45:12,960
what I want. Great. I feel like we won
1283
00:45:12,960 --> 00:45:16,480
here. And so thinking second and third
1284
00:45:16,480 --> 00:45:19,520
order outcomes from what happens when I
1285
00:45:19,520 --> 00:45:21,040
quote break up with this friend or what
1286
00:45:21,040 --> 00:45:23,520
happens when I offend this friend. A lot
1287
00:45:23,520 --> 00:45:26,720
of times it's you closer to your goal.
1288
00:45:26,720 --> 00:45:29,760
And I've always been okay with that. And
1289
00:45:29,760 --> 00:45:34,079
like if someone if someone like
1290
00:45:34,079 --> 00:45:36,079
the moment I have seen somebody as
1291
00:45:36,079 --> 00:45:37,520
decreasing the likelihood to hit my
1292
00:45:37,520 --> 00:45:41,200
goal, I am happy to tell them that like
1293
00:45:41,200 --> 00:45:44,000
I think I think you are not good for me.
1294
00:45:44,000 --> 00:45:45,599
I don't think you help me hit what I
1295
00:45:45,599 --> 00:45:47,040
want to hit. And they be like, well then
1296
00:45:47,040 --> 00:45:49,119
they'll try and downgrade your goals and
1297
00:45:49,119 --> 00:45:50,480
say you shouldn't believe this way. And
1298
00:45:50,480 --> 00:45:52,960
then they'll cast their beliefs on you.
1299
00:45:52,960 --> 00:45:54,560
And for me it's like that's amazing that
1300
00:45:54,560 --> 00:45:55,839
you believe that. I don't believe that
1301
00:45:55,839 --> 00:45:57,599
and I don't really want to believe what
1302
00:45:57,599 --> 00:45:58,640
you believe because then I would have
1303
00:45:58,640 --> 00:45:59,839
your life and I certainly don't want
1304
00:45:59,839 --> 00:46:03,200
that. And so like again I I you I make
1305
00:46:03,200 --> 00:46:05,040
these tweets about this but it's like if
1306
00:46:05,040 --> 00:46:06,240
you don't like their life don't listen
1307
00:46:06,240 --> 00:46:08,079
to what they say. Like don't take their
1308
00:46:08,079 --> 00:46:10,000
advice if you don't like what you see.
1309
00:46:10,000 --> 00:46:14,400
And so if everyone around you has a life
1310
00:46:14,400 --> 00:46:16,480
you don't want then don't listen to any
1311
00:46:16,480 --> 00:46:18,800
of their advice. Like, and hopefully
1312
00:46:18,800 --> 00:46:19,520
you're listening to this and you're
1313
00:46:19,520 --> 00:46:21,040
watching. If there's some element of my
1314
00:46:21,040 --> 00:46:22,720
life or whatever that you find awesome,
1315
00:46:22,720 --> 00:46:24,400
cool. Then maybe some element of what I
1316
00:46:24,400 --> 00:46:27,520
can share is helpful for you. Um, but
1317
00:46:27,520 --> 00:46:28,880
you have to put blinders on because
1318
00:46:28,880 --> 00:46:30,400
there is a period of time where you, and
1319
00:46:30,400 --> 00:46:32,319
I mean, I've said this, but you you're
1320
00:46:32,319 --> 00:46:33,680
not going to be successful enough for
1321
00:46:33,680 --> 00:46:35,839
the next tier of friends, but you're too
1322
00:46:35,839 --> 00:46:36,880
different from the friends that you used
1323
00:46:36,880 --> 00:46:39,200
to have. And so, that middle path is
1324
00:46:39,200 --> 00:46:41,040
very lonely. But the good thing about
1325
00:46:41,040 --> 00:46:42,640
loneliness is you've got time. And right
1326
00:46:42,640 --> 00:46:44,480
now, time is what you need because you
1327
00:46:44,480 --> 00:46:45,599
got to learn stuff. You got to get the
1328
00:46:45,599 --> 00:46:46,800
skills so you can start trading that for
1329
00:46:46,800 --> 00:46:47,760
more and more money. And then you can
1330
00:46:47,760 --> 00:46:49,040
take the money and trade that for more
1331
00:46:49,040 --> 00:46:50,720
money. But in the beginning, you just
1332
00:46:50,720 --> 00:46:52,240
have time and that's what you have to
1333
00:46:52,240 --> 00:46:55,359
spend. And so if you are broke or you
1334
00:46:55,359 --> 00:46:57,920
are poor and wish to no longer be broken
1335
00:46:57,920 --> 00:47:00,920
poor,
1336
00:47:00,960 --> 00:47:03,520
the first is owning the fact that
1337
00:47:03,520 --> 00:47:04,960
everything that has to do with your life
1338
00:47:04,960 --> 00:47:06,880
is your fault.
1339
00:47:06,880 --> 00:47:08,880
And a lot of people will reject that.
1340
00:47:08,880 --> 00:47:10,800
And you're right. Stay poor. You're
1341
00:47:10,800 --> 00:47:11,839
totally right. You'll never be
1342
00:47:11,839 --> 00:47:14,160
successful. You're totally right. I
1343
00:47:14,160 --> 00:47:16,480
believe you.
1344
00:47:16,480 --> 00:47:21,119
The next step is being willing to use
1345
00:47:21,119 --> 00:47:22,640
what you have rather than what you think
1346
00:47:22,640 --> 00:47:24,319
you should have or what you wish you
1347
00:47:24,319 --> 00:47:26,480
had. The circumstances, the connections,
1348
00:47:26,480 --> 00:47:29,839
the money, whatever, the passion, the
1349
00:47:29,839 --> 00:47:32,480
purpose, the meaning behind the work.
1350
00:47:32,480 --> 00:47:34,240
You can wish for all that stuff, but you
1351
00:47:34,240 --> 00:47:35,680
don't have it. So, you have to use what
1352
00:47:35,680 --> 00:47:37,839
you have, which could be anger, could be
1353
00:47:37,839 --> 00:47:41,920
shame, could be pain, whatever.
1354
00:47:41,920 --> 00:47:43,920
And then
1355
00:47:43,920 --> 00:47:45,839
as soon as you start taking action,
1356
00:47:45,839 --> 00:47:48,240
everyone around you will collapse and
1357
00:47:48,240 --> 00:47:50,720
try to pull you down. And so the only
1358
00:47:50,720 --> 00:47:52,560
way to protect yourself against that is
1359
00:47:52,560 --> 00:47:54,640
to increase
1360
00:47:54,640 --> 00:47:58,160
your own approval of self and decrease
1361
00:47:58,160 --> 00:48:01,200
how much their opinion of you matters.
1362
00:48:01,200 --> 00:48:03,040
Which means that you have to be you have
1363
00:48:03,040 --> 00:48:06,880
to be proud of you for taking the step
1364
00:48:06,880 --> 00:48:09,599
and actively look at their lives and
1365
00:48:09,599 --> 00:48:12,240
think do I want what they have? If the
1366
00:48:12,240 --> 00:48:14,240
answer is no, then do not listen to what
1367
00:48:14,240 --> 00:48:17,480
they say.
1368
00:48:17,920 --> 00:48:20,000
And then when you do that, you keep
1369
00:48:20,000 --> 00:48:22,880
walking. You keep taking steps
1370
00:48:22,880 --> 00:48:24,640
no matter how painful it is. And you
1371
00:48:24,640 --> 00:48:26,640
never stop.
1372
00:48:26,640 --> 00:48:30,760
And if you do that, you will get there.
1373
00:48:30,880 --> 00:48:33,119
That's it. Cool.
1374
00:48:33,119 --> 00:48:34,880
>> In your 20s, you don't need to find
1375
00:48:34,880 --> 00:48:36,880
yourself. You need to build yourself.
1376
00:48:36,880 --> 00:48:39,040
Here are 18 tactical lessons I learned
1377
00:48:39,040 --> 00:48:40,480
about achieving early success.
1378
00:48:40,480 --> 00:48:42,400
>> I made my first million at 26. I crossed
1379
00:48:42,400 --> 00:48:44,480
100 million in net worth at age 31. And
1380
00:48:44,480 --> 00:48:45,920
this is my road map for things that I
1381
00:48:45,920 --> 00:48:47,599
learned along the way. I'd like to
1382
00:48:47,599 --> 00:48:51,119
normalize a 6 day a week, 12-hour per
1383
00:48:51,119 --> 00:48:55,520
day work week for men between 16 and 28.
1384
00:48:55,520 --> 00:48:58,000
And despite all the self-worth voodoo
1385
00:48:58,000 --> 00:49:00,559
that social media and society will tell
1386
00:49:00,559 --> 00:49:02,640
you, you are valued based on your
1387
00:49:02,640 --> 00:49:05,119
utility. And when you're young, you have
1388
00:49:05,119 --> 00:49:08,000
none. But you have a lot of energy. And
1389
00:49:08,000 --> 00:49:09,920
so trade that energy for experience
1390
00:49:09,920 --> 00:49:12,160
points and become useful. The first rule
1391
00:49:12,160 --> 00:49:14,800
of entrepreneurship according to Alex is
1392
00:49:14,800 --> 00:49:16,480
use what you've got. And the reason I
1393
00:49:16,480 --> 00:49:18,720
like that is because many people always
1394
00:49:18,720 --> 00:49:21,359
don't start things because they don't
1395
00:49:21,359 --> 00:49:22,640
have the capital. They don't have the
1396
00:49:22,640 --> 00:49:24,160
connections. They don't have the
1397
00:49:24,160 --> 00:49:27,040
whatever insert insecurity or projection
1398
00:49:27,040 --> 00:49:29,200
of blame and power they want to put on.
1399
00:49:29,200 --> 00:49:31,119
But the first rule is you use what you
1400
00:49:31,119 --> 00:49:34,559
have. And so it's about resourcefulness,
1401
00:49:34,559 --> 00:49:36,720
not resources. And so if you have
1402
00:49:36,720 --> 00:49:38,720
energy, you use the resource you have.
1403
00:49:38,720 --> 00:49:41,200
You use what you've got to trade to
1404
00:49:41,200 --> 00:49:43,520
develop experience, to develop proof
1405
00:49:43,520 --> 00:49:45,359
that you can get good at a skill. And
1406
00:49:45,359 --> 00:49:46,800
you only get good at the skill by not
1407
00:49:46,800 --> 00:49:48,400
being good at a skill and repeating it
1408
00:49:48,400 --> 00:49:50,160
and then failing at each time and then
1409
00:49:50,160 --> 00:49:51,520
making incremental improvements which
1410
00:49:51,520 --> 00:49:53,599
take many many repetitions until you
1411
00:49:53,599 --> 00:49:55,440
actually get good. And this may be a
1412
00:49:55,440 --> 00:49:57,280
little controversial, but I'm not here
1413
00:49:57,280 --> 00:49:59,280
to be nice to you. I'm trying to be
1414
00:49:59,280 --> 00:50:01,440
kind, which might mean that it hurts a
1415
00:50:01,440 --> 00:50:02,720
little bit. So, let's make this
1416
00:50:02,720 --> 00:50:04,400
practical. If you have less than
1417
00:50:04,400 --> 00:50:07,040
$100,000 in savings and you would like
1418
00:50:07,040 --> 00:50:09,119
to have $100,000 or more in savings,
1419
00:50:09,119 --> 00:50:10,319
these are the things that I would
1420
00:50:10,319 --> 00:50:11,599
recommend doing. And that means that you
1421
00:50:11,599 --> 00:50:13,440
have to check out your ego. It's your
1422
00:50:13,440 --> 00:50:14,800
ego is gone for this. All right? You
1423
00:50:14,800 --> 00:50:15,920
don't care what other people think
1424
00:50:15,920 --> 00:50:17,040
because they're not going to be there in
1425
00:50:17,040 --> 00:50:18,319
10 years. All right? Because you have a
1426
00:50:18,319 --> 00:50:19,599
whole new group of friends that are way
1427
00:50:19,599 --> 00:50:21,599
[ __ ] better and cooler. So, one, stop
1428
00:50:21,599 --> 00:50:23,680
eating out. Discount groceries only.
1429
00:50:23,680 --> 00:50:26,160
That's if you're super poor. If here's
1430
00:50:26,160 --> 00:50:28,480
my caveat, if you know how to make
1431
00:50:28,480 --> 00:50:30,000
money, you already have a base level of
1432
00:50:30,000 --> 00:50:32,800
skills, then eating Chipotle and
1433
00:50:32,800 --> 00:50:34,559
whatever, whatever you can Door Dash it
1434
00:50:34,559 --> 00:50:36,240
in so that you can keep working. The
1435
00:50:36,240 --> 00:50:38,240
moment I realized I can make $500 every
1436
00:50:38,240 --> 00:50:40,960
30 minutes by selling, I was like, "Oh,
1437
00:50:40,960 --> 00:50:42,480
I'm never buying I'm never cooking food
1438
00:50:42,480 --> 00:50:43,839
or grocery shopping ever again."
1439
00:50:43,839 --> 00:50:46,880
Anything that was less than $500 an hour
1440
00:50:46,880 --> 00:50:48,800
was was now immediately outsourced. All
1441
00:50:48,800 --> 00:50:51,440
right? But this advice is for people who
1442
00:50:51,440 --> 00:50:53,920
are super broke. Okay? So, if you don't
1443
00:50:53,920 --> 00:50:57,119
have the skill set yet at all and you're
1444
00:50:57,119 --> 00:50:59,200
struggling to just get things going,
1445
00:50:59,200 --> 00:51:00,880
then you need to be completely on the
1446
00:51:00,880 --> 00:51:02,480
defensive so that you can have enough
1447
00:51:02,480 --> 00:51:04,640
money so that you can start taking bets.
1448
00:51:04,640 --> 00:51:05,760
Because the only way that you're going
1449
00:51:05,760 --> 00:51:07,359
to get ahead is that you have to make
1450
00:51:07,359 --> 00:51:09,200
bets. You got to make bets on education.
1451
00:51:09,200 --> 00:51:10,559
You got to make bets on opportunities.
1452
00:51:10,559 --> 00:51:11,839
You got to make bets on inventory. You
1453
00:51:11,839 --> 00:51:13,520
got to make make bets on software. or
1454
00:51:13,520 --> 00:51:14,960
you want to start a Shopify store, you
1455
00:51:14,960 --> 00:51:16,400
want to start a school community, you
1456
00:51:16,400 --> 00:51:17,520
want to start something, it's still
1457
00:51:17,520 --> 00:51:19,040
going to cost some money, right? You
1458
00:51:19,040 --> 00:51:20,160
might have to buy a camera, you have to
1459
00:51:20,160 --> 00:51:21,839
buy some software that helps you edit
1460
00:51:21,839 --> 00:51:23,920
videos, like there's some expenses. All
1461
00:51:23,920 --> 00:51:26,160
right? And so having a big stockpile
1462
00:51:26,160 --> 00:51:28,559
allows you to be patient. The the more
1463
00:51:28,559 --> 00:51:30,240
money you have, the longer you out you
1464
00:51:30,240 --> 00:51:31,200
can think because you don't have to
1465
00:51:31,200 --> 00:51:33,119
worry about tomorrow. You know that next
1466
00:51:33,119 --> 00:51:34,319
month and the month after and the month
1467
00:51:34,319 --> 00:51:35,520
after taking care of because even if you
1468
00:51:35,520 --> 00:51:37,599
made no money, you've got enough. That's
1469
00:51:37,599 --> 00:51:38,880
how you can start thinking long term.
1470
00:51:38,880 --> 00:51:40,240
People are like, "Think think long term.
1471
00:51:40,240 --> 00:51:41,599
Think long term." But like unless if you
1472
00:51:41,599 --> 00:51:43,359
have payroll and you've got or you've
1473
00:51:43,359 --> 00:51:44,880
got rent or you've got you've got
1474
00:51:44,880 --> 00:51:46,480
groceries to pay, you can't think long
1475
00:51:46,480 --> 00:51:48,240
term because you're in survival mode.
1476
00:51:48,240 --> 00:51:50,400
And so I'm trying to get survival to be
1477
00:51:50,400 --> 00:51:52,400
as low as humanly possible for you so
1478
00:51:52,400 --> 00:51:54,240
that you could get into thrive mode. But
1479
00:51:54,240 --> 00:51:56,480
it's all relative. If you make 40 grand
1480
00:51:56,480 --> 00:51:57,520
a month and spend 40 grand a month,
1481
00:51:57,520 --> 00:51:58,559
you're going to be in the same survival
1482
00:51:58,559 --> 00:52:00,000
mode. But if you make 40 grand a month
1483
00:52:00,000 --> 00:52:01,839
and spend four, you're going to have
1484
00:52:01,839 --> 00:52:03,119
you're going to have every month you
1485
00:52:03,119 --> 00:52:05,599
make 10 months worth of income. And so
1486
00:52:05,599 --> 00:52:07,200
in two months, you've got you've got 20
1487
00:52:07,200 --> 00:52:08,640
months saved up. You're good. And then
1488
00:52:08,640 --> 00:52:10,079
you can get super aggressive with that
1489
00:52:10,079 --> 00:52:12,880
other 36 and start really betting to to
1490
00:52:12,880 --> 00:52:15,359
double down. All right, so here's the
1491
00:52:15,359 --> 00:52:18,400
very broke five, six things that you can
1492
00:52:18,400 --> 00:52:21,359
do to immediately spend way less. One,
1493
00:52:21,359 --> 00:52:22,800
stop eating out. Discount groceries
1494
00:52:22,800 --> 00:52:24,880
only. Two, stop buying new clothes. Go
1495
00:52:24,880 --> 00:52:27,760
to Goodwill only. Three, only attend
1496
00:52:27,760 --> 00:52:29,359
free friend events. All right, so think
1497
00:52:29,359 --> 00:52:31,200
of what I just said. Think about all the
1498
00:52:31,200 --> 00:52:32,720
events that friends will tell you to
1499
00:52:32,720 --> 00:52:35,520
come to. weddings, bachelor parties, uh
1500
00:52:35,520 --> 00:52:38,400
birthdays, um just nights out because
1501
00:52:38,400 --> 00:52:41,440
it's Thursday, whatever. Only attend
1502
00:52:41,440 --> 00:52:43,119
free friend events. And if they don't
1503
00:52:43,119 --> 00:52:44,960
support your goals, they are not your
1504
00:52:44,960 --> 00:52:47,359
friends. Think about that. If I said,
1505
00:52:47,359 --> 00:52:49,200
"Hey, I've got this goal." And I said,
1506
00:52:49,200 --> 00:52:50,640
"Hey, there's this human being and he
1507
00:52:50,640 --> 00:52:51,839
wants to get you to not have that goal.
1508
00:52:51,839 --> 00:52:52,880
Would you describe them as a friend or
1509
00:52:52,880 --> 00:52:54,800
an enemy?"
1510
00:52:54,800 --> 00:52:57,200
Think about it. Some of you, some of the
1511
00:52:57,200 --> 00:52:58,400
people in your life that you call
1512
00:52:58,400 --> 00:53:01,359
friends are actually your enemies. You
1513
00:53:01,359 --> 00:53:03,040
just don't know it.
1514
00:53:03,040 --> 00:53:04,880
Now, four, take the rest of the time
1515
00:53:04,880 --> 00:53:07,040
that you have to A, apply to jobs that
1516
00:53:07,040 --> 00:53:09,520
make more than your current job. B, pick
1517
00:53:09,520 --> 00:53:12,800
up side hustle work. C, learn skills
1518
00:53:12,800 --> 00:53:14,480
that you can trade for a higher hourly
1519
00:53:14,480 --> 00:53:17,119
rate than you currently do.
1520
00:53:17,119 --> 00:53:18,720
When I say trade, I mean you make more
1521
00:53:18,720 --> 00:53:20,480
per hour than what your current current
1522
00:53:20,480 --> 00:53:22,000
skills pay you. All right? And then
1523
00:53:22,000 --> 00:53:24,480
five, find the hardest worker in the
1524
00:53:24,480 --> 00:53:26,800
room when you enter that new job or that
1525
00:53:26,800 --> 00:53:29,359
new place and then double their level of
1526
00:53:29,359 --> 00:53:31,280
input. So if they knock on a 100 doors,
1527
00:53:31,280 --> 00:53:33,440
you knock on 200. They make a 100 dials,
1528
00:53:33,440 --> 00:53:35,599
you make 200 dials, right? When I had
1529
00:53:35,599 --> 00:53:37,200
Jacob, my young neighbor, I gave him
1530
00:53:37,200 --> 00:53:40,559
this exact advice. And he was expected
1531
00:53:40,559 --> 00:53:42,720
to on his team do a $100 a day. He did
1532
00:53:42,720 --> 00:53:45,280
between 300 and 400. And so guess what?
1533
00:53:45,280 --> 00:53:47,680
He got better faster. And then once you
1534
00:53:47,680 --> 00:53:49,280
follow all of those steps, this is what
1535
00:53:49,280 --> 00:53:52,480
you need to do next. Wait 36 months. And
1536
00:53:52,480 --> 00:53:54,319
this is what I mean by patient with your
1537
00:53:54,319 --> 00:53:57,680
outputs, impatient with your inputs. And
1538
00:53:57,680 --> 00:54:00,240
the crazy thing is that you can change
1539
00:54:00,240 --> 00:54:02,559
your life in one decision. I can get
1540
00:54:02,559 --> 00:54:04,319
drunk, drive in a car, and change my
1541
00:54:04,319 --> 00:54:06,079
life forever. Right? I can happen like
1542
00:54:06,079 --> 00:54:08,000
that. But it can happen just like that
1543
00:54:08,000 --> 00:54:09,200
the other way. It's just that the
1544
00:54:09,200 --> 00:54:11,280
outcome's delayed. That's the only
1545
00:54:11,280 --> 00:54:12,720
difference. You can change your life
1546
00:54:12,720 --> 00:54:14,720
today in this moment by making these
1547
00:54:14,720 --> 00:54:17,280
decisions and the and your life path
1548
00:54:17,280 --> 00:54:19,119
will have veered. You will have changed
1549
00:54:19,119 --> 00:54:21,119
direction. Your tree of of life will
1550
00:54:21,119 --> 00:54:23,200
move. It's just that it takes time for
1551
00:54:23,200 --> 00:54:25,359
that new direction to bear fruit.
1552
00:54:25,359 --> 00:54:26,800
Whereas you can poison the fruit in a
1553
00:54:26,800 --> 00:54:28,800
second. You can kill a tree real fast.
1554
00:54:28,800 --> 00:54:30,400
You just can't grow one real fast. But
1555
00:54:30,400 --> 00:54:31,680
it doesn't mean that if a seed's planted
1556
00:54:31,680 --> 00:54:32,720
and you're watering it, it's not
1557
00:54:32,720 --> 00:54:34,319
growing. It just takes a second to get
1558
00:54:34,319 --> 00:54:36,559
above the surface. I think you can solve
1559
00:54:36,559 --> 00:54:38,720
a lot of male problems by getting in
1560
00:54:38,720 --> 00:54:40,559
shape and making money. You'll still
1561
00:54:40,559 --> 00:54:43,040
have problems. They'll just be smaller
1562
00:54:43,040 --> 00:54:44,960
and you'll have more resources to handle
1563
00:54:44,960 --> 00:54:46,880
them. So, let's talk about the making
1564
00:54:46,880 --> 00:54:48,720
money part first.
1565
00:54:48,720 --> 00:54:50,480
Fundamentally, in order to make money,
1566
00:54:50,480 --> 00:54:51,760
you have to provide value to some
1567
00:54:51,760 --> 00:54:53,760
someone, either an employer or
1568
00:54:53,760 --> 00:54:55,440
customers. But either way, you have
1569
00:54:55,440 --> 00:54:57,760
utility which you exchange for money.
1570
00:54:57,760 --> 00:55:00,960
And so by making that a goal, then it
1571
00:55:00,960 --> 00:55:02,559
means that you're going to increase your
1572
00:55:02,559 --> 00:55:05,280
own usefulness. And so somebody who is
1573
00:55:05,280 --> 00:55:07,599
more useful all of a sudden develops
1574
00:55:07,599 --> 00:55:09,520
other ancillary skills around that
1575
00:55:09,520 --> 00:55:11,040
utility that they can use in other parts
1576
00:55:11,040 --> 00:55:12,720
of their lives. If you're good at sales,
1577
00:55:12,720 --> 00:55:14,240
guess what you can do when you're
1578
00:55:14,240 --> 00:55:16,319
talking to girls? You can use the same
1579
00:55:16,319 --> 00:55:18,079
conversational skill set. If you're
1580
00:55:18,079 --> 00:55:20,800
trying to negotiate uh a purchase for a
1581
00:55:20,800 --> 00:55:23,440
car or a house or whatever, like those
1582
00:55:23,440 --> 00:55:26,000
skills generalize. They transfer across
1583
00:55:26,000 --> 00:55:27,760
domains. And so a lot of people think
1584
00:55:27,760 --> 00:55:29,920
it's like, well, when would I ever be a
1585
00:55:29,920 --> 00:55:31,839
salesperson or when would I ever be a
1586
00:55:31,839 --> 00:55:33,599
outbound what like it doesn't matter.
1587
00:55:33,599 --> 00:55:35,599
It's not about that thing. The thing is
1588
00:55:35,599 --> 00:55:37,359
it's like real life skills actually do
1589
00:55:37,359 --> 00:55:39,440
generalize. Like this isn't elementary
1590
00:55:39,440 --> 00:55:41,119
school or or middle school when you're
1591
00:55:41,119 --> 00:55:43,280
learning calculus or algebra or whatever
1592
00:55:43,280 --> 00:55:44,640
and thinking like what am I going to use
1593
00:55:44,640 --> 00:55:46,559
this in real life? One, it is real life
1594
00:55:46,559 --> 00:55:48,799
right now. Two,
1595
00:55:48,799 --> 00:55:52,000
these skills do get used across domains.
1596
00:55:52,000 --> 00:55:53,599
Of all of my friends who are sent to
1597
00:55:53,599 --> 00:55:55,520
millionaires and billionaires to a
1598
00:55:55,520 --> 00:55:58,799
person, they started in what I would
1599
00:55:58,799 --> 00:56:01,359
consider a high volume sales
1600
00:56:01,359 --> 00:56:03,680
environment. So that's either
1601
00:56:03,680 --> 00:56:07,520
door-nocking, cold calling, or some sort
1602
00:56:07,520 --> 00:56:09,359
of in-person business where they had
1603
00:56:09,359 --> 00:56:11,359
many, many, many conversations with
1604
00:56:11,359 --> 00:56:13,920
strangers on a daily basis. And I think
1605
00:56:13,920 --> 00:56:16,079
there, and I'm talking not like a a a
1606
00:56:16,079 --> 00:56:18,480
month or six months. I'm talking like
1607
00:56:18,480 --> 00:56:20,799
three, five years where no one knew
1608
00:56:20,799 --> 00:56:22,799
their name. They were just some faceless
1609
00:56:22,799 --> 00:56:25,200
representative that stood there at the
1610
00:56:25,200 --> 00:56:28,880
door, saw people, sold memberships, sold
1611
00:56:28,880 --> 00:56:32,319
insurance, sold solar, sold whatever.
1612
00:56:32,319 --> 00:56:34,160
And the thing is is like skill
1613
00:56:34,160 --> 00:56:36,079
development happens through volume and
1614
00:56:36,079 --> 00:56:38,079
feedback loops. So it's the number of
1615
00:56:38,079 --> 00:56:40,640
repetitions you have times the amount of
1616
00:56:40,640 --> 00:56:42,400
improvement between repetitions. Brute
1617
00:56:42,400 --> 00:56:44,000
forcing the amount of volume definitely
1618
00:56:44,000 --> 00:56:45,520
will help if you can give yourself
1619
00:56:45,520 --> 00:56:47,520
feedback. I've seen people say, "Hey,
1620
00:56:47,520 --> 00:56:49,200
I've actually made a hundred pieces of
1621
00:56:49,200 --> 00:56:50,880
content." Now, this is like 1% of people
1622
00:56:50,880 --> 00:56:53,280
because most people do nothing. But of
1623
00:56:53,280 --> 00:56:55,280
the 1% of people who say, "Okay, I post
1624
00:56:55,280 --> 00:56:56,960
it every day for a year." The thing is
1625
00:56:56,960 --> 00:56:58,559
is they didn't do the most important
1626
00:56:58,559 --> 00:57:00,240
part, which is you don't just like make
1627
00:57:00,240 --> 00:57:01,680
a video and post it and just every day
1628
00:57:01,680 --> 00:57:03,119
like, "Hey, make a video, post it, make
1629
00:57:03,119 --> 00:57:04,799
a video, post it." You have to look at
1630
00:57:04,799 --> 00:57:06,000
what you did and what you could do
1631
00:57:06,000 --> 00:57:08,000
better. Fundamentally, that is the the
1632
00:57:08,000 --> 00:57:10,400
cornerstone of feedback. And so you look
1633
00:57:10,400 --> 00:57:12,079
at the top 10 videos you made over the
1634
00:57:12,079 --> 00:57:14,160
last month and you say, "Okay, how do I
1635
00:57:14,160 --> 00:57:15,760
do more of that and how do I do less of
1636
00:57:15,760 --> 00:57:17,599
the bottom 10%." And you just pick one
1637
00:57:17,599 --> 00:57:18,960
thing that you did well there and you
1638
00:57:18,960 --> 00:57:20,240
try and do it in every video going
1639
00:57:20,240 --> 00:57:22,400
forward. And that develops a checklist
1640
00:57:22,400 --> 00:57:24,319
of things to do so that you develop a
1641
00:57:24,319 --> 00:57:26,400
skill. And so speaking from my own
1642
00:57:26,400 --> 00:57:28,720
experience, the first sales conversation
1643
00:57:28,720 --> 00:57:30,559
I ever had, first off, I had zero sales
1644
00:57:30,559 --> 00:57:32,079
training. No one was like, "Hey, this is
1645
00:57:32,079 --> 00:57:33,920
the script. This is how you go over."
1646
00:57:33,920 --> 00:57:36,720
They're like, "Hey, here's a new lady.
1647
00:57:36,720 --> 00:57:39,280
Go sign her up." And so I was like,
1648
00:57:39,280 --> 00:57:41,040
"Okay." And I didn't even know this was
1649
00:57:41,040 --> 00:57:42,960
a sale. I didn't know the I didn't know
1650
00:57:42,960 --> 00:57:45,520
the term sales. I just he said, "Go sign
1651
00:57:45,520 --> 00:57:47,760
her up." And I said, "Okay." And so I
1652
00:57:47,760 --> 00:57:49,440
walked over and I and she was like,
1653
00:57:49,440 --> 00:57:50,880
"Hey, you know, I want to know more
1654
00:57:50,880 --> 00:57:52,720
about the gym." And I said, "Well, what
1655
00:57:52,720 --> 00:57:54,720
do you want to know?"
1656
00:57:54,720 --> 00:57:56,799
And she was like, "Well, I mean, like,
1657
00:57:56,799 --> 00:57:58,480
how much is it?" And I was like, "Oh,
1658
00:57:58,480 --> 00:58:00,799
it's uh whatever, 150 bucks a month."
1659
00:58:00,799 --> 00:58:02,400
And she was like, "Okay." And I was
1660
00:58:02,400 --> 00:58:04,240
like, "You want to sign up?" And she
1661
00:58:04,240 --> 00:58:07,040
said, "I left my credit card at home."
1662
00:58:07,040 --> 00:58:08,880
And I was like, "Okay." And she was
1663
00:58:08,880 --> 00:58:10,160
like, "I'll be back with the credit
1664
00:58:10,160 --> 00:58:12,319
card." And I was like, "Cool." And so I
1665
00:58:12,319 --> 00:58:14,880
walked out and uh it was like 2 minutes,
1666
00:58:14,880 --> 00:58:17,280
right? And I walked out and the owner
1667
00:58:17,280 --> 00:58:18,960
Sam was there with a few of other other
1668
00:58:18,960 --> 00:58:20,079
gym owners. He had bought a few gym
1669
00:58:20,079 --> 00:58:21,040
owners in. So it was like three or four
1670
00:58:21,040 --> 00:58:23,920
gym owners there. And uh he was like,
1671
00:58:23,920 --> 00:58:25,440
"Damn." He was like, "That was fast."
1672
00:58:25,440 --> 00:58:26,559
And I was like, "Yeah." And he's like,
1673
00:58:26,559 --> 00:58:27,680
"You closed her?" And I was like,
1674
00:58:27,680 --> 00:58:30,960
"Yeah." And and he was like, "With a
1675
00:58:30,960 --> 00:58:33,040
credit card?" And I was like, "Oh, no.
1676
00:58:33,040 --> 00:58:34,240
She's she's going to go get it and
1677
00:58:34,240 --> 00:58:36,319
she'll be back." And they just looked at
1678
00:58:36,319 --> 00:58:38,319
each other and then looked back at me
1679
00:58:38,319 --> 00:58:40,319
and then just started laughing at me
1680
00:58:40,319 --> 00:58:42,960
uncontrollably, like couldn't breathe at
1681
00:58:42,960 --> 00:58:44,960
how dumb what I had just said was. And
1682
00:58:44,960 --> 00:58:46,880
the thing is is I had no experience. And
1683
00:58:46,880 --> 00:58:49,839
I and I tell that story because so many
1684
00:58:49,839 --> 00:58:51,680
people assume that like I walked out of
1685
00:58:51,680 --> 00:58:53,359
the womb closing deals, you know what I
1686
00:58:53,359 --> 00:58:54,880
mean? Like, hey nurse, what are you
1687
00:58:54,880 --> 00:58:58,760
doing later? You know what I mean? Like,
1688
00:58:58,960 --> 00:59:00,640
but it wasn't like that, right? Like I
1689
00:59:00,640 --> 00:59:02,160
didn't know I I didn't I didn't even
1690
00:59:02,160 --> 00:59:05,040
know the term. And so, you know, over
1691
00:59:05,040 --> 00:59:06,880
time, I just started developing like,
1692
00:59:06,880 --> 00:59:08,000
okay, well, what do you do? And I
1693
00:59:08,000 --> 00:59:09,040
watched other people. So, I was like,
1694
00:59:09,040 --> 00:59:10,640
okay, they start with asking them why
1695
00:59:10,640 --> 00:59:12,000
someone's there. Ask them about their
1696
00:59:12,000 --> 00:59:13,520
goals, ask them things that they've done
1697
00:59:13,520 --> 00:59:14,960
in the past that didn't work. I like,
1698
00:59:14,960 --> 00:59:16,480
okay, that that that seems to work.
1699
00:59:16,480 --> 00:59:18,240
Okay. And then when they ask them to
1700
00:59:18,240 --> 00:59:20,559
buy, then if they don't want to say yes,
1701
00:59:20,559 --> 00:59:22,160
they ask them more questions rather than
1702
00:59:22,160 --> 00:59:23,760
just saying, okay. So, I started to
1703
00:59:23,760 --> 00:59:25,280
develop at least an understanding of the
1704
00:59:25,280 --> 00:59:26,880
framework of how sales occurred. But I
1705
00:59:26,880 --> 00:59:29,280
still wasn't good, right? And so then I
1706
00:59:29,280 --> 00:59:30,799
went through like that rocky cut scene
1707
00:59:30,799 --> 00:59:32,400
period where this is where I'm very
1708
00:59:32,400 --> 00:59:34,480
grateful for this is that uh Facebook
1709
00:59:34,480 --> 00:59:35,920
ads is when I started running them in
1710
00:59:35,920 --> 00:59:38,480
2013 were super cheap. And so it
1711
00:59:38,480 --> 00:59:42,319
actually gave me so many repetitions cuz
1712
00:59:42,319 --> 00:59:45,200
not only was I taking 15 to 20 consults
1713
00:59:45,200 --> 00:59:47,119
a day in person, I was also working
1714
00:59:47,119 --> 00:59:48,960
leads. And so I'm talking to strangers
1715
00:59:48,960 --> 00:59:50,160
over the phone to set the appointments.
1716
00:59:50,160 --> 00:59:51,599
And so all I got was just names on a
1717
00:59:51,599 --> 00:59:53,599
list and I would call them set the
1718
00:59:53,599 --> 00:59:55,280
appointment like who's this again? You
1719
00:59:55,280 --> 00:59:58,640
know, all of that. Um, and then, and by
1720
00:59:58,640 --> 01:00:00,799
the way, if you are local, um, you just
1721
01:00:00,799 --> 01:00:02,559
say the name pause with a question mark
1722
01:00:02,559 --> 01:00:04,960
at the beginning. You're like, "John."
1723
01:00:04,960 --> 01:00:06,400
And then they'll be like, "Yeah." You're
1724
01:00:06,400 --> 01:00:08,799
like, "This is Alex." I'd pause and
1725
01:00:08,799 --> 01:00:10,079
they'd be like, they're like, "Who the
1726
01:00:10,079 --> 01:00:12,480
[ __ ] is Alex?" I'd be like, "From
1727
01:00:12,480 --> 01:00:14,000
Facebook. You signed up for blah blah
1728
01:00:14,000 --> 01:00:16,640
blah blah blah our thing." Yeah. I'm
1729
01:00:16,640 --> 01:00:18,160
just calling to make sure that you're
1730
01:00:18,160 --> 01:00:19,440
not a crazy person from the internet.
1731
01:00:19,440 --> 01:00:20,880
And neither am I. I was like, "We're
1732
01:00:20,880 --> 01:00:23,040
actually on the corner of X and Y." I
1733
01:00:23,040 --> 01:00:24,559
was like, "Right next to the 7-Eleven."
1734
01:00:24,559 --> 01:00:25,680
They're like, "Yeah." I'm like, "Okay,
1735
01:00:25,680 --> 01:00:27,040
cool. I just wanted to see what time you
1736
01:00:27,040 --> 01:00:28,960
want to come come by. I was like, we
1737
01:00:28,960 --> 01:00:30,000
have the sweetest facility in the world.
1738
01:00:30,000 --> 01:00:31,520
Not really, but it's uh at least pretty
1739
01:00:31,520 --> 01:00:33,680
decent for this area, but we have five
1740
01:00:33,680 --> 01:00:35,599
out of five coolness. And they were just
1741
01:00:35,599 --> 01:00:37,119
laughing. They be like, I can make it at
1742
01:00:37,119 --> 01:00:38,960
six. And I'm like, six works. I was
1743
01:00:38,960 --> 01:00:40,240
like, do you want a picture of me or
1744
01:00:40,240 --> 01:00:41,839
just of the address? And they're like,
1745
01:00:41,839 --> 01:00:43,280
just the address? I'm like, all right,
1746
01:00:43,280 --> 01:00:44,640
sounds good. I'll text it to you and
1747
01:00:44,640 --> 01:00:46,400
I'll see you later today. Right. So that
1748
01:00:46,400 --> 01:00:48,319
kind like notice the like half giggles
1749
01:00:48,319 --> 01:00:50,880
between each word. like it's it's
1750
01:00:50,880 --> 01:00:52,160
showing that you're a positive tone
1751
01:00:52,160 --> 01:00:54,319
person, high energy, and someone's like,
1752
01:00:54,319 --> 01:00:56,480
"Man, this guy seems cool or this gal
1753
01:00:56,480 --> 01:00:58,160
seems cool, right?" And so they're more
1754
01:00:58,160 --> 01:00:59,760
likely to show up. They're more likely
1755
01:00:59,760 --> 01:01:02,160
now if I maintain that tone. If they
1756
01:01:02,160 --> 01:01:04,079
give me an objection, I can pivot really
1757
01:01:04,079 --> 01:01:06,319
easily. If I'm like neutral or like,
1758
01:01:06,319 --> 01:01:07,920
"Hi, I saw that you signed up on the
1759
01:01:07,920 --> 01:01:09,839
internet for our thing. Uh, would you
1760
01:01:09,839 --> 01:01:11,200
like to come in?" They're like, "Uh,
1761
01:01:11,200 --> 01:01:12,720
well, tell me more about it." Like,
1762
01:01:12,720 --> 01:01:14,640
well, it's just you have no you have no
1763
01:01:14,640 --> 01:01:17,200
room for messing up. And so I always
1764
01:01:17,200 --> 01:01:20,480
tried to have more rapport and bring a
1765
01:01:20,480 --> 01:01:21,760
lot of energy. And the thing is is like
1766
01:01:21,760 --> 01:01:23,040
if you've seen any of my content, I'm
1767
01:01:23,040 --> 01:01:25,520
not naturally like a high energy person.
1768
01:01:25,520 --> 01:01:27,359
Um I will continue to work, which is
1769
01:01:27,359 --> 01:01:30,000
different than being like up here. And
1770
01:01:30,000 --> 01:01:31,839
so I developed a lot of things to try
1771
01:01:31,839 --> 01:01:35,040
and keep myself energized. And so I had
1772
01:01:35,040 --> 01:01:37,280
a small trampoline that I would bounce
1773
01:01:37,280 --> 01:01:40,160
on uh before and between every sales
1774
01:01:40,160 --> 01:01:42,480
appointment. It sounds ridiculous, but
1775
01:01:42,480 --> 01:01:44,079
if you I'm telling it's it's like a
1776
01:01:44,079 --> 01:01:45,760
hundred bucks if you buy one of those
1777
01:01:45,760 --> 01:01:47,680
little trampolines and you bounce either
1778
01:01:47,680 --> 01:01:50,559
between sales calls or between people
1779
01:01:50,559 --> 01:01:52,319
like I'd have people coming in as I was
1780
01:01:52,319 --> 01:01:53,920
still bouncing and I'd be like I know
1781
01:01:53,920 --> 01:01:55,359
this is ridiculous. I was like but try
1782
01:01:55,359 --> 01:01:57,119
and be in a bad mood on a trampoline.
1783
01:01:57,119 --> 01:01:59,119
You can't do it. You can't do it. You
1784
01:01:59,119 --> 01:02:00,640
can't do it. And I challenge you too.
1785
01:02:00,640 --> 01:02:01,920
You can be in a bad mood if you try
1786
01:02:01,920 --> 01:02:03,280
jumping around like you feel like such a
1787
01:02:03,280 --> 01:02:05,280
child. It's ridiculous. But what would
1788
01:02:05,280 --> 01:02:06,640
happen is like I would rel I would also
1789
01:02:06,640 --> 01:02:07,680
get a little bit exercise. My blood
1790
01:02:07,680 --> 01:02:09,520
would keep moving. But it's also just
1791
01:02:09,520 --> 01:02:13,599
like mentally um literally bouncing
1792
01:02:13,599 --> 01:02:14,960
gave me a lot of energy for these
1793
01:02:14,960 --> 01:02:17,040
appointments. And so I say this because
1794
01:02:17,040 --> 01:02:18,720
I developed all of these things over
1795
01:02:18,720 --> 01:02:21,760
time. And so if you're starting out,
1796
01:02:21,760 --> 01:02:24,400
you're not going to be good. That's why
1797
01:02:24,400 --> 01:02:26,720
you're new. You have no experience. But
1798
01:02:26,720 --> 01:02:28,240
there's a difference between there's a
1799
01:02:28,240 --> 01:02:30,640
story that um shoot I can't remember
1800
01:02:30,640 --> 01:02:32,400
where it is, but there was a foreign kid
1801
01:02:32,400 --> 01:02:35,839
who had never seen a banana before. And
1802
01:02:35,839 --> 01:02:39,680
so the adult gave the kid a banana and
1803
01:02:39,680 --> 01:02:41,839
so the banana so the kid took the banana
1804
01:02:41,839 --> 01:02:43,680
and then bit right into it with the skin
1805
01:02:43,680 --> 01:02:46,640
and everything and another child was
1806
01:02:46,640 --> 01:02:48,960
like you're such an idiot and then the
1807
01:02:48,960 --> 01:02:51,520
adult yelled at that child and said no
1808
01:02:51,520 --> 01:02:53,440
he just doesn't know any better and
1809
01:02:53,440 --> 01:02:54,880
there's a very big difference between
1810
01:02:54,880 --> 01:02:57,920
being dumb and being inexperienced right
1811
01:02:57,920 --> 01:03:00,079
now you just don't have reps and so
1812
01:03:00,079 --> 01:03:01,280
you're going to make a lot of mistakes
1813
01:03:01,280 --> 01:03:03,440
like biting into the banana like at for
1814
01:03:03,440 --> 01:03:04,880
just walking letting someone walk away
1815
01:03:04,880 --> 01:03:06,480
assuming it's a close and they say that
1816
01:03:06,480 --> 01:03:07,839
they're just going to come back and call
1817
01:03:07,839 --> 01:03:09,440
you with their credit card, right? By
1818
01:03:09,440 --> 01:03:11,520
the way, that never happens. Um, very
1819
01:03:11,520 --> 01:03:15,119
rarely, but instead, uh, you want to
1820
01:03:15,119 --> 01:03:16,640
just peel that banana. You want to bite
1821
01:03:16,640 --> 01:03:18,559
into the banana, bite into the orange,
1822
01:03:18,559 --> 01:03:21,119
all of those mistakes as quickly as
1823
01:03:21,119 --> 01:03:23,119
possible and not judge yourself for
1824
01:03:23,119 --> 01:03:25,280
making the mistake and see the mistake
1825
01:03:25,280 --> 01:03:27,119
as part of the process of being like
1826
01:03:27,119 --> 01:03:29,200
that didn't work, that didn't work. And
1827
01:03:29,200 --> 01:03:30,799
if I develop enough of these doesn't
1828
01:03:30,799 --> 01:03:32,960
works, then you just kind of walk the
1829
01:03:32,960 --> 01:03:35,119
the minefield and you get to where
1830
01:03:35,119 --> 01:03:36,000
you're trying to go and people are like,
1831
01:03:36,000 --> 01:03:36,960
"Wow, you're so good at this." And
1832
01:03:36,960 --> 01:03:38,079
you're like, "Oh, no, no, I actually
1833
01:03:38,079 --> 01:03:40,000
just know all the things not to say in a
1834
01:03:40,000 --> 01:03:42,480
sale." And then they end up buying. I
1835
01:03:42,480 --> 01:03:44,559
just avoid all that and then they buy.
1836
01:03:44,559 --> 01:03:46,480
And to be clear, I think I have a
1837
01:03:46,480 --> 01:03:48,400
similar piece of advice, but for very
1838
01:03:48,400 --> 01:03:50,559
different reasons of telling young men
1839
01:03:50,559 --> 01:03:53,440
in general or men to work harder. And
1840
01:03:53,440 --> 01:03:55,280
it's not because I think it's some sort
1841
01:03:55,280 --> 01:03:58,000
of, you know, beating your chest, I'm an
1842
01:03:58,000 --> 01:04:00,400
alpha, whatever thing. It's just that
1843
01:04:00,400 --> 01:04:02,480
for me, the point of my life is to
1844
01:04:02,480 --> 01:04:04,000
become the best version of me. And in
1845
01:04:04,000 --> 01:04:05,359
order to do that, I need to learn
1846
01:04:05,359 --> 01:04:06,400
because there's a huge discrepancy
1847
01:04:06,400 --> 01:04:07,920
between where I am and where I want to
1848
01:04:07,920 --> 01:04:10,160
go. And the discrepancy is going to get
1849
01:04:10,160 --> 01:04:12,799
filled with skills, which means that I
1850
01:04:12,799 --> 01:04:15,839
need to do repetitions to acquire
1851
01:04:15,839 --> 01:04:18,720
failures that I can learn from, to get
1852
01:04:18,720 --> 01:04:22,000
better from. And if I can do more of
1853
01:04:22,000 --> 01:04:24,160
that in a shorter period of time, I will
1854
01:04:24,160 --> 01:04:26,240
learn more skills and by definition, I
1855
01:04:26,240 --> 01:04:28,400
will shrink the distance between myself
1856
01:04:28,400 --> 01:04:31,920
and my ideal self. And so that is pretty
1857
01:04:31,920 --> 01:04:34,319
much the only thought process I have
1858
01:04:34,319 --> 01:04:37,359
around this. And I also believe that you
1859
01:04:37,359 --> 01:04:40,720
need to be patient with outputs and
1860
01:04:40,720 --> 01:04:43,520
impatient with inputs. So let me unpack
1861
01:04:43,520 --> 01:04:46,720
that. Patience in general is figuring
1862
01:04:46,720 --> 01:04:48,000
out what to do in the meantime. So when
1863
01:04:48,000 --> 01:04:49,280
someone says, "Hey, be patient," what
1864
01:04:49,280 --> 01:04:50,720
they just mean is figure out something
1865
01:04:50,720 --> 01:04:52,640
else to do in the meantime. And so if
1866
01:04:52,640 --> 01:04:54,000
I'm telling you to be patient with
1867
01:04:54,000 --> 01:04:55,680
outputs, it means that you basically
1868
01:04:55,680 --> 01:04:56,960
just have to figure out something else
1869
01:04:56,960 --> 01:04:59,119
to do in the meantime while you wait for
1870
01:04:59,119 --> 01:05:00,880
outputs to occur because you can't
1871
01:05:00,880 --> 01:05:03,200
output. You can't money doesn't appear.
1872
01:05:03,200 --> 01:05:04,880
You have to do something and then money
1873
01:05:04,880 --> 01:05:06,720
happens, right? But the doing something
1874
01:05:06,720 --> 01:05:08,400
part is the thing that you can control.
1875
01:05:08,400 --> 01:05:10,319
The money happening is the part that you
1876
01:05:10,319 --> 01:05:11,760
don't control that comes afterwards.
1877
01:05:11,760 --> 01:05:14,319
It's an outcome, right? And so when I
1878
01:05:14,319 --> 01:05:17,039
say patient with outputs, that's the
1879
01:05:17,039 --> 01:05:19,520
first part. The second part is impatient
1880
01:05:19,520 --> 01:05:21,599
with inputs. And so if being patient is
1881
01:05:21,599 --> 01:05:23,440
figuring out what to do in the meantime,
1882
01:05:23,440 --> 01:05:25,680
impatience is doing the thing in the
1883
01:05:25,680 --> 01:05:28,000
meantime, right? And so it's the
1884
01:05:28,000 --> 01:05:29,599
opposite of that. It's the thing you do
1885
01:05:29,599 --> 01:05:31,760
in the meantime. And so if you want to
1886
01:05:31,760 --> 01:05:33,599
be impatient with the input, the input
1887
01:05:33,599 --> 01:05:35,920
is the thing. That's the action you do.
1888
01:05:35,920 --> 01:05:39,039
And so by delineating that, if you hear
1889
01:05:39,039 --> 01:05:40,880
yourself thinking, man, why hasn't this
1890
01:05:40,880 --> 01:05:42,720
happened yet? You're talking about
1891
01:05:42,720 --> 01:05:44,559
outputs. And that means great, if I
1892
01:05:44,559 --> 01:05:46,240
think that thought, I need to do more of
1893
01:05:46,240 --> 01:05:48,559
this input, right? And so use your
1894
01:05:48,559 --> 01:05:51,760
input, your action, your doingness, the
1895
01:05:51,760 --> 01:05:55,920
thing you use your hands for as your
1896
01:05:55,920 --> 01:05:59,680
coping mechanism for your impatience
1897
01:05:59,680 --> 01:06:01,680
with outputs. I want to say that one
1898
01:06:01,680 --> 01:06:03,280
more time. Whenever you have that
1899
01:06:03,280 --> 01:06:04,960
feeling that things should be happening
1900
01:06:04,960 --> 01:06:08,640
faster, use action as your coping
1901
01:06:08,640 --> 01:06:11,520
mechanism. I used to write this down a
1902
01:06:11,520 --> 01:06:14,319
lot uh and say it, which was action
1903
01:06:14,319 --> 01:06:16,880
alleviates anxiety. And so when I would
1904
01:06:16,880 --> 01:06:18,720
have this anxiety about the future of
1905
01:06:18,720 --> 01:06:20,480
like why haven't I made it yet? Why are
1906
01:06:20,480 --> 01:06:21,920
these other people doing better than me?
1907
01:06:21,920 --> 01:06:24,319
Like is is this not going to work? What
1908
01:06:24,319 --> 01:06:26,160
if I'm on the wrong path? Action
1909
01:06:26,160 --> 01:06:28,160
alleviates anxiety. The only thing I
1910
01:06:28,160 --> 01:06:29,760
could control with that I was is that I
1911
01:06:29,760 --> 01:06:30,960
would work is that I would get better.
1912
01:06:30,960 --> 01:06:32,559
And the key point there was that it
1913
01:06:32,559 --> 01:06:34,319
wasn't just working for work's sake. It
1914
01:06:34,319 --> 01:06:35,680
was working with the intention to
1915
01:06:35,680 --> 01:06:38,480
improve. And so you want to do
1916
01:06:38,480 --> 01:06:40,400
repetitions because by doing things more
1917
01:06:40,400 --> 01:06:42,480
times you get better at them typically
1918
01:06:42,480 --> 01:06:44,559
just by accident. But if you're
1919
01:06:44,559 --> 01:06:46,400
deliberate about the point of doing
1920
01:06:46,400 --> 01:06:48,799
this, when I started working at a gym,
1921
01:06:48,799 --> 01:06:50,720
going from a white collar job, it wasn't
1922
01:06:50,720 --> 01:06:52,000
because I wanted to become a trainer for
1923
01:06:52,000 --> 01:06:53,520
the rest of my life. It was because I
1924
01:06:53,520 --> 01:06:56,400
wanted to learn the skills.
1925
01:06:56,400 --> 01:06:57,920
And then I knew that once I learned
1926
01:06:57,920 --> 01:06:59,680
those skills, if I owned a gym, then I
1927
01:06:59,680 --> 01:07:01,359
would know how to do the training part
1928
01:07:01,359 --> 01:07:03,359
as well. And that would be good for me.
1929
01:07:03,359 --> 01:07:05,359
And so then when I was a gym owner and
1930
01:07:05,359 --> 01:07:06,960
when I started and started working at a
1931
01:07:06,960 --> 01:07:08,400
gym, I wanted to own a big chain of
1932
01:07:08,400 --> 01:07:10,079
gyms. That was my that was my whole goal
1933
01:07:10,079 --> 01:07:11,280
to start with. I wasn't getting into
1934
01:07:11,280 --> 01:07:13,359
this for one. Like I never had the goal
1935
01:07:13,359 --> 01:07:15,920
of only owning just one gym. And so even
1936
01:07:15,920 --> 01:07:17,440
when I started that gym, the whole point
1937
01:07:17,440 --> 01:07:18,720
and I worked all the time because I
1938
01:07:18,720 --> 01:07:19,920
thought of all the things that I didn't
1939
01:07:19,920 --> 01:07:22,319
know how to do yet. And so it wasn't
1940
01:07:22,319 --> 01:07:24,319
about great, I've made it. I own a gym.
1941
01:07:24,319 --> 01:07:26,400
It was like I'm so deprived of where I
1942
01:07:26,400 --> 01:07:28,240
want to be. I have I have to fill this
1943
01:07:28,240 --> 01:07:30,720
gap as fast as I possibly can. And so
1944
01:07:30,720 --> 01:07:32,480
that's why I spent so much time on this
1945
01:07:32,480 --> 01:07:35,440
and got feedback from as many human
1946
01:07:35,440 --> 01:07:37,200
beings as I possibly could who were
1947
01:07:37,200 --> 01:07:39,039
ahead of me. So, I want to say this
1948
01:07:39,039 --> 01:07:42,079
clearly. Once I started my gym one, I
1949
01:07:42,079 --> 01:07:44,240
paid for a mastermind for gym owners
1950
01:07:44,240 --> 01:07:46,880
before owning a gym. And I did that
1951
01:07:46,880 --> 01:07:48,160
because I figured, well, why would I
1952
01:07:48,160 --> 01:07:49,760
start a gym until I learn all the stuff
1953
01:07:49,760 --> 01:07:51,440
that you guys did wrong? I was like,
1954
01:07:51,440 --> 01:07:52,640
I'll just learn from all y'all's
1955
01:07:52,640 --> 01:07:54,559
mistakes. It sounds like a great deal
1956
01:07:54,559 --> 01:07:56,960
for me. It almost felt unfair. I was
1957
01:07:56,960 --> 01:07:58,319
like, "Yeah, okay." He said, "Don't
1958
01:07:58,319 --> 01:07:59,520
start at one of those locations." He
1959
01:07:59,520 --> 01:08:00,799
said, "Have good storefront." He said,
1960
01:08:00,799 --> 01:08:02,559
"Make sure that you have, you know, good
1961
01:08:02,559 --> 01:08:03,680
parking." I was, "Oo, these are all
1962
01:08:03,680 --> 01:08:04,640
good, you know, good things." They're
1963
01:08:04,640 --> 01:08:05,760
like, "Don't go too big." I was like,
1964
01:08:05,760 --> 01:08:06,880
"Okay, that's good." and they're like,
1965
01:08:06,880 --> 01:08:08,079
"Make sure your rent's under this per
1966
01:08:08,079 --> 01:08:08,960
foot." I was like, "All right, make sure
1967
01:08:08,960 --> 01:08:10,559
I got that right." And so, I took all
1968
01:08:10,559 --> 01:08:11,839
these notes in that I would have just
1969
01:08:11,839 --> 01:08:13,200
made huge mistakes on the on the
1970
01:08:13,200 --> 01:08:15,839
upfront. Now, once I did start my gym,
1971
01:08:15,839 --> 01:08:17,759
what a lot of people don't know is that
1972
01:08:17,759 --> 01:08:20,159
every weekend I would either be on phone
1973
01:08:20,159 --> 01:08:22,480
calls or I'd be driving out to other gym
1974
01:08:22,480 --> 01:08:24,159
owners and I would, and thankfully,
1975
01:08:24,159 --> 01:08:25,679
because I was so young when I started my
1976
01:08:25,679 --> 01:08:27,279
business, they were just like, they felt
1977
01:08:27,279 --> 01:08:29,839
bad for me. And so, they would just sit
1978
01:08:29,839 --> 01:08:31,120
there and I'd be like, "Hey, why do you
1979
01:08:31,120 --> 01:08:32,719
do that? Hey, why do you do that? Hey,
1980
01:08:32,719 --> 01:08:34,560
why do you do that?" And it was like,
1981
01:08:34,560 --> 01:08:36,080
you know, they'd be like, "God, you're
1982
01:08:36,080 --> 01:08:38,560
such a pain in the ass." But I just
1983
01:08:38,560 --> 01:08:39,759
wanted to learn, right? But I was always
1984
01:08:39,759 --> 01:08:40,960
like willing to help them with anything
1985
01:08:40,960 --> 01:08:41,920
they had. You know what I mean? I was
1986
01:08:41,920 --> 01:08:42,799
like, "Let me show you the stuff that's
1987
01:08:42,799 --> 01:08:44,000
working well for me." And I would always
1988
01:08:44,000 --> 01:08:46,480
just share it. Um, and the thing is is I
1989
01:08:46,480 --> 01:08:47,440
would go there and they would say they
1990
01:08:47,440 --> 01:08:48,560
did something and I'd be like, "Huh,
1991
01:08:48,560 --> 01:08:49,679
that's weird. That's different than the
1992
01:08:49,679 --> 01:08:51,120
other guy." And I I like that way
1993
01:08:51,120 --> 01:08:52,400
better. It didn't mean I'd take
1994
01:08:52,400 --> 01:08:54,560
everything as as fact. But I got a lot
1995
01:08:54,560 --> 01:08:56,080
of ideas from that. And then I would use
1996
01:08:56,080 --> 01:08:57,440
them. And if they didn't work, I would
1997
01:08:57,440 --> 01:08:58,799
just toss them out. And if they did, I
1998
01:08:58,799 --> 01:09:01,359
kept it. And that's how I quickly
1999
01:09:01,359 --> 01:09:03,679
iterated the gym model to become much
2000
01:09:03,679 --> 01:09:05,120
better than a lot of people's models
2001
01:09:05,120 --> 01:09:07,839
despite me being younger because I was
2002
01:09:07,839 --> 01:09:09,359
able to leverage everyone else's
2003
01:09:09,359 --> 01:09:11,679
experience as fast as I could and gym it
2004
01:09:11,679 --> 01:09:13,839
into my own. And so I think like the
2005
01:09:13,839 --> 01:09:15,920
people who move faster than life learn
2006
01:09:15,920 --> 01:09:18,560
faster and the only way you learn is by
2007
01:09:18,560 --> 01:09:20,640
changing your behavior with the same
2008
01:09:20,640 --> 01:09:22,080
conditions. Which means that if a person
2009
01:09:22,080 --> 01:09:24,719
walks in I say this is my six-point
2010
01:09:24,719 --> 01:09:26,799
script. A person who's identical walks
2011
01:09:26,799 --> 01:09:28,640
in right afterwards. If I've learned
2012
01:09:28,640 --> 01:09:30,799
something, that script changes means
2013
01:09:30,799 --> 01:09:33,440
same condition, new behavior. And so if
2014
01:09:33,440 --> 01:09:35,359
you keep doing the exact same thing
2015
01:09:35,359 --> 01:09:37,440
every single day, then you may not be
2016
01:09:37,440 --> 01:09:39,040
learning. And this is a key point. It's
2017
01:09:39,040 --> 01:09:41,359
good to work hard, but it's good to work
2018
01:09:41,359 --> 01:09:43,359
hard and smart, which means that the
2019
01:09:43,359 --> 01:09:45,120
work you do gets better because you
2020
01:09:45,120 --> 01:09:47,199
tweak things. And so if you're not
2021
01:09:47,199 --> 01:09:48,799
documenting the process that you have,
2022
01:09:48,799 --> 01:09:50,000
and I'm not saying you're making content
2023
01:09:50,000 --> 01:09:51,759
about it, but literally looking back at
2024
01:09:51,759 --> 01:09:53,279
game footage, looking at the calls you
2025
01:09:53,279 --> 01:09:55,199
did, looking at the content you did. I
2026
01:09:55,199 --> 01:09:57,280
do this today. People ask me like, "What
2027
01:09:57,280 --> 01:09:58,719
are the masterminds you're into? What
2028
01:09:58,719 --> 01:10:01,760
are the courses you learn from?" I have
2029
01:10:01,760 --> 01:10:04,000
now broken apart the learning process
2030
01:10:04,000 --> 01:10:05,520
that I have that works best for me
2031
01:10:05,520 --> 01:10:07,120
because I see the biggest gains and
2032
01:10:07,120 --> 01:10:09,040
improvement haven't come from advice for
2033
01:10:09,040 --> 01:10:10,960
me for the most part. They came from
2034
01:10:10,960 --> 01:10:13,199
looking at data, which was, let me look
2035
01:10:13,199 --> 01:10:15,199
at the last 2,000 ads I made. Let me
2036
01:10:15,199 --> 01:10:17,120
look at the top 50. Let me look at what
2037
01:10:17,120 --> 01:10:18,960
these ones have in common. Let me look
2038
01:10:18,960 --> 01:10:20,480
at what they don't look like compared to
2039
01:10:20,480 --> 01:10:22,560
the bottom 50. Okay, these ones have
2040
01:10:22,560 --> 01:10:24,000
these characteristics. These don't. I'll
2041
01:10:24,000 --> 01:10:25,520
do more of this and less of that. And
2042
01:10:25,520 --> 01:10:27,040
then I do another hundred ads and I look
2043
01:10:27,040 --> 01:10:28,239
at the top 10 again. I say, "What do
2044
01:10:28,239 --> 01:10:29,679
these ones have that these ones don't?"
2045
01:10:29,679 --> 01:10:31,360
And I do that for sales calls. I do that
2046
01:10:31,360 --> 01:10:32,880
for content. I do that for meetings. I
2047
01:10:32,880 --> 01:10:35,840
do that for for businesses in general
2048
01:10:35,840 --> 01:10:38,000
when you start zooming out. And so that
2049
01:10:38,000 --> 01:10:42,239
process of do a lot of volume. Then look
2050
01:10:42,239 --> 01:10:44,480
at the outcomes that were good. Look at
2051
01:10:44,480 --> 01:10:45,920
the activities that led to those
2052
01:10:45,920 --> 01:10:48,239
outcomes that are positive. Do more of
2053
01:10:48,239 --> 01:10:50,320
those activities. Look at the bottom
2054
01:10:50,320 --> 01:10:52,320
percentages. Look at the things that led
2055
01:10:52,320 --> 01:10:54,560
to not having that happen. and do less
2056
01:10:54,560 --> 01:10:57,199
of those. And if you're younger, and
2057
01:10:57,199 --> 01:10:58,480
this is specific for everyone who's
2058
01:10:58,480 --> 01:10:59,520
listening to this video, if you're
2059
01:10:59,520 --> 01:11:02,800
probably sub 30, sub 28 maybe, right? If
2060
01:11:02,800 --> 01:11:04,880
you're in your 20s or less, you can
2061
01:11:04,880 --> 01:11:06,239
probably get away with this, which is
2062
01:11:06,239 --> 01:11:09,520
that people ahead of you are more
2063
01:11:09,520 --> 01:11:11,840
willing, believe it or not, to feel like
2064
01:11:11,840 --> 01:11:14,320
they have status. So, you can give them
2065
01:11:14,320 --> 01:11:17,280
status by saying, "Be a mentor." And the
2066
01:11:17,280 --> 01:11:18,480
thing is, a lot of young guys have a lot
2067
01:11:18,480 --> 01:11:19,600
of ego, right? Because you're trying to
2068
01:11:19,600 --> 01:11:20,800
prove yourself, trying to be a man,
2069
01:11:20,800 --> 01:11:23,520
whatever. The thing is is that if you
2070
01:11:23,520 --> 01:11:25,840
humble yourself, it's not like there's
2071
01:11:25,840 --> 01:11:27,679
some [ __ ] massive scoreboard where
2072
01:11:27,679 --> 01:11:29,520
it's like who humbled themselves to whom
2073
01:11:29,520 --> 01:11:31,760
across the whole US. It doesn't it's not
2074
01:11:31,760 --> 01:11:33,040
not exists. It's just it's within one
2075
01:11:33,040 --> 01:11:35,360
dynamic, right? And so if you go and
2076
01:11:35,360 --> 01:11:37,280
say, "Hey, I don't know anything. I'm
2077
01:11:37,280 --> 01:11:39,760
happy to learn." If you do that, then a
2078
01:11:39,760 --> 01:11:40,800
lot of people are like, "Oh, well, he
2079
01:11:40,800 --> 01:11:42,239
humbled himself." Well, yeah, I'm happy
2080
01:11:42,239 --> 01:11:43,360
to teach you. And the thing is is
2081
01:11:43,360 --> 01:11:44,560
they'll give you advice that's worth
2082
01:11:44,560 --> 01:11:47,199
thousands of dollars, years of your life
2083
01:11:47,199 --> 01:11:49,600
for free if you just say, "You're better
2084
01:11:49,600 --> 01:11:51,440
than I am at this." But the thing is is
2085
01:11:51,440 --> 01:11:53,760
at the end of the day none of it matters
2086
01:11:53,760 --> 01:11:56,000
but scoreboard would be the thing that
2087
01:11:56,000 --> 01:11:58,560
matters in business right and so the
2088
01:11:58,560 --> 01:12:01,120
only thing that precedes the scoreboard
2089
01:12:01,120 --> 01:12:04,320
is your learning I've spent ego points
2090
01:12:04,320 --> 01:12:08,000
I've spent dollars I've spent time I've
2091
01:12:08,000 --> 01:12:10,560
spent social capital I spent every
2092
01:12:10,560 --> 01:12:13,760
resource that I had to get more learning
2093
01:12:13,760 --> 01:12:16,000
faster because fundamentally the only
2094
01:12:16,000 --> 01:12:17,280
thing and I think this is probably one
2095
01:12:17,280 --> 01:12:19,360
of the biggest gifts my father gave me
2096
01:12:19,360 --> 01:12:22,000
is believing that I am the asset I am
2097
01:12:22,000 --> 01:12:24,159
investing in. And the cool thing is is
2098
01:12:24,159 --> 01:12:27,040
like you are the permanent hold, right?
2099
01:12:27,040 --> 01:12:30,080
You can't sell you like you're you until
2100
01:12:30,080 --> 01:12:32,400
you die. And so this is the one asset
2101
01:12:32,400 --> 01:12:34,960
you've got because you compound. Skills
2102
01:12:34,960 --> 01:12:36,159
compound. When you get really good at
2103
01:12:36,159 --> 01:12:37,440
sales and really good at finance, guess
2104
01:12:37,440 --> 01:12:38,960
what? You can raise a billion dollars
2105
01:12:38,960 --> 01:12:40,560
because you know how the finance world
2106
01:12:40,560 --> 01:12:42,000
works and you know how the sales world
2107
01:12:42,000 --> 01:12:43,760
works, right? If you know how to you
2108
01:12:43,760 --> 01:12:46,080
know how to code and market, then guess
2109
01:12:46,080 --> 01:12:47,679
what? You can build software and sell it
2110
01:12:47,679 --> 01:12:48,880
to gazillions of people because you have
2111
01:12:48,880 --> 01:12:51,520
the product and the acquisition. Like
2112
01:12:51,520 --> 01:12:53,280
skills stack disproportionately. If you
2113
01:12:53,280 --> 01:12:54,719
only know one, you might not be able to
2114
01:12:54,719 --> 01:12:57,199
make a tenth as much as if you know two.
2115
01:12:57,199 --> 01:12:58,640
Now, obviously those are big bucketed
2116
01:12:58,640 --> 01:12:59,840
terms that have many, many, many skills
2117
01:12:59,840 --> 01:13:01,440
underneath of them. But fundamentally,
2118
01:13:01,440 --> 01:13:02,640
when you think about it that way, you
2119
01:13:02,640 --> 01:13:04,159
become a weapon. Real quick, I have a
2120
01:13:04,159 --> 01:13:06,239
gift for you. This is the $100 million
2121
01:13:06,239 --> 01:13:07,840
scaling road map. It's something that my
2122
01:13:07,840 --> 01:13:09,440
team and I put 200 plus hours into
2123
01:13:09,440 --> 01:13:11,280
building and breaking the stages of
2124
01:13:11,280 --> 01:13:13,040
scaling into 10 steps. All right? All
2125
01:13:13,040 --> 01:13:14,239
right. And so what we did is we broke
2126
01:13:14,239 --> 01:13:16,159
down everything that got us basically
2127
01:13:16,159 --> 01:13:17,840
got us stuck and what we did to break
2128
01:13:17,840 --> 01:13:20,400
free at each level of the business. And
2129
01:13:20,400 --> 01:13:21,840
if you'd like to know what product,
2130
01:13:21,840 --> 01:13:23,679
marketing, sales, customer service, IT,
2131
01:13:23,679 --> 01:13:25,280
recruiting, human uh resources, and
2132
01:13:25,280 --> 01:13:27,040
finance look like at the stage that
2133
01:13:27,040 --> 01:13:29,040
you're currently at, this is a free
2134
01:13:29,040 --> 01:13:30,239
gift. So all you have to do is go to
2135
01:13:30,239 --> 01:13:32,080
aquis.com/romap. You can plug in your
2136
01:13:32,080 --> 01:13:33,760
business information. And if you want
2137
01:13:33,760 --> 01:13:36,080
our help, you want my help to help you
2138
01:13:36,080 --> 01:13:37,280
break through whatever level of scaling
2139
01:13:37,280 --> 01:13:38,560
you're at. This is not a promise. I'm
2140
01:13:38,560 --> 01:13:40,080
just saying we'd love to help. Um on the
2141
01:13:40,080 --> 01:13:42,159
thank you page, you can book a call. Uh,
2142
01:13:42,159 --> 01:13:43,840
every month we have a workshop out here
2143
01:13:43,840 --> 01:13:45,120
at my headquarters. You actually talk to
2144
01:13:45,120 --> 01:13:47,360
my real team that does does our
2145
01:13:47,360 --> 01:13:48,640
marketing, does our emails, does our
2146
01:13:48,640 --> 01:13:50,560
ads, does our copy, does our does our
2147
01:13:50,560 --> 01:13:52,080
does our sales, does our finance, does
2148
01:13:52,080 --> 01:13:53,520
our recruiting, the real people are
2149
01:13:53,520 --> 01:13:55,280
doing this at a very high level. And
2150
01:13:55,280 --> 01:13:56,640
what's really cool about that is that
2151
01:13:56,640 --> 01:13:58,239
they can typically find and spot what
2152
01:13:58,239 --> 01:13:59,840
the constraints are in a business like
2153
01:13:59,840 --> 01:14:01,199
that. And so it's one of the most
2154
01:14:01,199 --> 01:14:02,159
valuable things that I could possibly
2155
01:14:02,159 --> 01:14:03,520
do. Obviously, you know, space is
2156
01:14:03,520 --> 01:14:04,400
limited based on our actual
2157
01:14:04,400 --> 01:14:05,760
headquarters. Um, but if that's
2158
01:14:05,760 --> 01:14:06,800
interesting on the thank you page, you
2159
01:14:06,800 --> 01:14:08,239
can book a call. No pressure. This is a
2160
01:14:08,239 --> 01:14:09,520
gift either way. It's absolutely free.
2161
01:14:09,520 --> 01:14:11,520
So, let's tackle the second part. I said
2162
01:14:11,520 --> 01:14:13,840
you can solve a lot of male problems by
2163
01:14:13,840 --> 01:14:15,840
getting in shape and making money. And
2164
01:14:15,840 --> 01:14:17,440
so let's talk about the getting in shape
2165
01:14:17,440 --> 01:14:21,760
side. So you can avoid tons of problems
2166
01:14:21,760 --> 01:14:24,880
in life by doing one thing, going to bed
2167
01:14:24,880 --> 01:14:27,199
on time. And so instead of setting
2168
01:14:27,199 --> 01:14:29,199
alarms to wake up, set alarms to go to
2169
01:14:29,199 --> 01:14:31,120
sleep on time. It's hard to wake up late
2170
01:14:31,120 --> 01:14:33,440
when you go to bed at 9, right? And so
2171
01:14:33,440 --> 01:14:35,040
the thing is is that that one simple
2172
01:14:35,040 --> 01:14:37,600
behavior actually can eliminate a lot of
2173
01:14:37,600 --> 01:14:39,760
the things that derail men, especially
2174
01:14:39,760 --> 01:14:41,600
young men. And so Charlie Mer talks
2175
01:14:41,600 --> 01:14:43,040
about this a lot, which is like all I'd
2176
01:14:43,040 --> 01:14:44,880
want to do is find out where I'm going
2177
01:14:44,880 --> 01:14:47,120
to die and never go there. The whole
2178
01:14:47,120 --> 01:14:50,159
point is he thought so much more about
2179
01:14:50,159 --> 01:14:52,000
avoiding stupidity than trying to be
2180
01:14:52,000 --> 01:14:53,600
intelligent. It's kind of like the
2181
01:14:53,600 --> 01:14:55,440
stupidities are very easy to identify.
2182
01:14:55,440 --> 01:14:57,679
The intelligence is hard, but if you
2183
01:14:57,679 --> 01:14:59,600
avoid all stupidity, you just become
2184
01:14:59,600 --> 01:15:02,159
intelligent by default. And so if you
2185
01:15:02,159 --> 01:15:03,520
define intelligence the way I do, which
2186
01:15:03,520 --> 01:15:05,520
is rate of learning, so how quickly you
2187
01:15:05,520 --> 01:15:07,520
pick things up, that is intelligence. If
2188
01:15:07,520 --> 01:15:10,159
you can avoid all of these things that
2189
01:15:10,159 --> 01:15:12,880
make you look like an idiot, right? Then
2190
01:15:12,880 --> 01:15:14,719
you become more intelligent. And so
2191
01:15:14,719 --> 01:15:16,239
let's let's talk about this from the
2192
01:15:16,239 --> 01:15:17,520
from the the getting in shape
2193
01:15:17,520 --> 01:15:20,159
perspective. Show me a situation where
2194
01:15:20,159 --> 01:15:22,400
you have two groups of men. One group of
2195
01:15:22,400 --> 01:15:24,640
men that is really out of shape and fat
2196
01:15:24,640 --> 01:15:26,080
and another group of men that's really
2197
01:15:26,080 --> 01:15:29,120
in shape that are going to outperform
2198
01:15:29,120 --> 01:15:30,800
one another. And this is generalized.
2199
01:15:30,800 --> 01:15:32,159
You have to take random sampling of the
2200
01:15:32,159 --> 01:15:34,000
population. A bunch of inshaped guys, a
2201
01:15:34,000 --> 01:15:35,840
bunch of overweight guys. Who's going to
2202
01:15:35,840 --> 01:15:37,520
do better at any task over and over
2203
01:15:37,520 --> 01:15:39,360
again? If we pick 10 tasks that are
2204
01:15:39,360 --> 01:15:41,040
completely different, the inshaped guys
2205
01:15:41,040 --> 01:15:42,159
are going to do better than the out of
2206
01:15:42,159 --> 01:15:43,280
shape guys. Period. They're going to
2207
01:15:43,280 --> 01:15:44,719
have more energy. They're going to be
2208
01:15:44,719 --> 01:15:46,159
more focused. If it's anything
2209
01:15:46,159 --> 01:15:47,679
interrelated, like inter relations
2210
01:15:47,679 --> 01:15:48,800
based, like those guys are going to
2211
01:15:48,800 --> 01:15:50,800
close higher percentages. If you're
2212
01:15:50,800 --> 01:15:52,960
better looking, you will close more. If
2213
01:15:52,960 --> 01:15:54,480
you're better looking, you get paid
2214
01:15:54,480 --> 01:15:56,239
more. If you're better looking, you get
2215
01:15:56,239 --> 01:15:58,480
more promoted. If you're better looking,
2216
01:15:58,480 --> 01:16:01,840
you do better in content. Period. Fight
2217
01:16:01,840 --> 01:16:04,480
me. And so the thing is is like if you
2218
01:16:04,480 --> 01:16:06,480
have this one thing that affects every
2219
01:16:06,480 --> 01:16:09,120
way that people see you and the only
2220
01:16:09,120 --> 01:16:11,280
thing you have to do is control what you
2221
01:16:11,280 --> 01:16:12,960
put into your mouth, then don't you
2222
01:16:12,960 --> 01:16:14,800
think it's worth developing that most
2223
01:16:14,800 --> 01:16:17,199
basic skill of discipline at this point
2224
01:16:17,199 --> 01:16:18,400
in your life? Because the thing is is
2225
01:16:18,400 --> 01:16:21,040
that you want to get in shape young
2226
01:16:21,040 --> 01:16:22,800
because if you're not in shape, guess
2227
01:16:22,800 --> 01:16:25,440
whose fault that is?
2228
01:16:25,440 --> 01:16:28,080
So get in shape now. Thing is is it
2229
01:16:28,080 --> 01:16:31,520
costs time, not money. And right now
2230
01:16:31,520 --> 01:16:34,480
you've got time and not money. And time
2231
01:16:34,480 --> 01:16:38,080
only becomes more expensive as you age.
2232
01:16:38,080 --> 01:16:40,640
So buy it now while time cost you the
2233
01:16:40,640 --> 01:16:42,320
least and you have the fewest
2234
01:16:42,320 --> 01:16:44,560
responsibilities. It'll help you no
2235
01:16:44,560 --> 01:16:46,560
matter what life path you choose. The
2236
01:16:46,560 --> 01:16:48,080
thing that no one recognizes is that
2237
01:16:48,080 --> 01:16:50,080
drinking cost you two days. The day you
2238
01:16:50,080 --> 01:16:51,920
drink and the day you recover. and
2239
01:16:51,920 --> 01:16:53,679
sometimes the weeks afterwards for the
2240
01:16:53,679 --> 01:16:54,880
stupid thing you did while you were
2241
01:16:54,880 --> 01:16:56,880
drunk that everyone else saw. It reminds
2242
01:16:56,880 --> 01:16:59,040
me of this quote from Muhammad Ali and I
2243
01:16:59,040 --> 01:17:00,239
asked my team to pull it up cuz I think
2244
01:17:00,239 --> 01:17:01,920
it's so good also cuz he was the
2245
01:17:01,920 --> 01:17:03,199
greatest of all time and just a cool
2246
01:17:03,199 --> 01:17:03,920
dude.
2247
01:17:03,920 --> 01:17:05,600
>> What's the the central part of your
2248
01:17:05,600 --> 01:17:07,920
training? Is it running? Is it sparring
2249
01:17:07,920 --> 01:17:08,480
or
2250
01:17:08,480 --> 01:17:12,239
>> central part is dodging the nightclubs
2251
01:17:12,239 --> 01:17:15,440
and the parties and the girls?
2252
01:17:15,440 --> 01:17:18,000
>> You want the truth? and being in the bed
2253
01:17:18,000 --> 01:17:22,159
by yourself 9:00 at night.
2254
01:17:22,159 --> 01:17:24,320
>> And if you can get by that, you'll make
2255
01:17:24,320 --> 01:17:26,480
it.
2256
01:17:26,480 --> 01:17:27,760
>> That's the truth. Now, I tell you the
2257
01:17:27,760 --> 01:17:29,280
truth. You talk all that running and
2258
01:17:29,280 --> 01:17:30,960
hitting the bags and jogging and biting
2259
01:17:30,960 --> 01:17:32,239
them. You won't
2260
01:17:32,239 --> 01:17:35,199
>> dodging ladies is the main thing.
2261
01:17:35,199 --> 01:17:37,679
>> Especially when you're pretty like me.
2262
01:17:37,679 --> 01:17:39,600
>> And I'll speak to myself personally.
2263
01:17:39,600 --> 01:17:43,120
When I had my intense periods of work, I
2264
01:17:43,120 --> 01:17:46,400
would take off for a long, long time. So
2265
01:17:46,400 --> 01:17:48,080
the longest I took off was two years
2266
01:17:48,080 --> 01:17:50,080
while I was scaling gym launch from, you
2267
01:17:50,080 --> 01:17:51,760
know, the 20 months we went from zero to
2268
01:17:51,760 --> 01:17:54,159
4 and a.5 million a month, 4.4 to be
2269
01:17:54,159 --> 01:17:55,360
technical. I didn't drink that whole
2270
01:17:55,360 --> 01:17:57,199
period. And once things settled out, I
2271
01:17:57,199 --> 01:17:58,719
was like, "All right, I'm willing to
2272
01:17:58,719 --> 01:18:00,480
drink again." And right now,
2273
01:18:00,480 --> 01:18:02,640
Acquisition.com is scaling like crazy.
2274
01:18:02,640 --> 01:18:04,640
And so Leila and I both said, "Let's
2275
01:18:04,640 --> 01:18:06,480
just stop drinking for the foreseeable."
2276
01:18:06,480 --> 01:18:08,480
And same thing now. So that was when I
2277
01:18:08,480 --> 01:18:10,000
was in my 20s. This is now when I'm in
2278
01:18:10,000 --> 01:18:12,400
my 30s. And I'll probably continue this
2279
01:18:12,400 --> 01:18:14,480
until I feel like I'm at a place where
2280
01:18:14,480 --> 01:18:15,840
things feel chill again. and then like
2281
01:18:15,840 --> 01:18:17,679
maybe I'll I'll partake again. But the
2282
01:18:17,679 --> 01:18:19,920
thing is is like if you're hungry, argue
2283
01:18:19,920 --> 01:18:22,239
me the opposite, which is me drinking
2284
01:18:22,239 --> 01:18:23,920
more will make it more likely for me to
2285
01:18:23,920 --> 01:18:25,440
hit my goals. I think you'd have a tough
2286
01:18:25,440 --> 01:18:27,280
time making that argument. And so right
2287
01:18:27,280 --> 01:18:29,760
now everything's compounding is
2288
01:18:29,760 --> 01:18:31,280
amplified, right? The stuff you do now
2289
01:18:31,280 --> 01:18:32,880
amplifies throughout your career and
2290
01:18:32,880 --> 01:18:36,560
your life. And so I would want to stack
2291
01:18:36,560 --> 01:18:38,480
as many advantages as I can to my
2292
01:18:38,480 --> 01:18:40,320
favorite, which is like I'm going to go
2293
01:18:40,320 --> 01:18:42,880
to sleep on time. I'm going to not
2294
01:18:42,880 --> 01:18:46,000
drink, right? I'm going to get in shape,
2295
01:18:46,000 --> 01:18:47,280
right? I'm going to do as many
2296
01:18:47,280 --> 01:18:48,239
repetitions as I can. I'm going to
2297
01:18:48,239 --> 01:18:50,320
humble myself with people who are more
2298
01:18:50,320 --> 01:18:51,760
experienced than I am. Even if I think
2299
01:18:51,760 --> 01:18:54,000
I'm smarter than them, they still know
2300
01:18:54,000 --> 01:18:55,360
more. And there's a big difference, and
2301
01:18:55,360 --> 01:18:57,120
this is what I think is really tough for
2302
01:18:57,120 --> 01:19:00,960
younger guys, is that your brain at 25
2303
01:19:00,960 --> 01:19:03,679
to, you know, like 25ish, 25 to 30 is
2304
01:19:03,679 --> 01:19:07,120
like peak processing power. But I'm way
2305
01:19:07,120 --> 01:19:09,440
[ __ ] smarter now than I was then
2306
01:19:09,440 --> 01:19:11,760
because I've still learned more. And
2307
01:19:11,760 --> 01:19:13,600
that's the thing is is that you may be
2308
01:19:13,600 --> 01:19:15,520
smarter than someone in sheer processing
2309
01:19:15,520 --> 01:19:17,440
power, but they still might know more
2310
01:19:17,440 --> 01:19:20,239
than you. And so you can't live their
2311
01:19:20,239 --> 01:19:21,679
life. And especially if somebody is
2312
01:19:21,679 --> 01:19:23,840
further ahead, then they it still means
2313
01:19:23,840 --> 01:19:26,880
that they have knowledge that you don't.
2314
01:19:26,880 --> 01:19:29,600
And so listen and humbling yourself to
2315
01:19:29,600 --> 01:19:31,600
somebody even if you think you are
2316
01:19:31,600 --> 01:19:33,920
smarter will teach you more because
2317
01:19:33,920 --> 01:19:36,560
again argue the opposite. I will learn
2318
01:19:36,560 --> 01:19:39,280
nothing from no one. How does that help
2319
01:19:39,280 --> 01:19:42,000
you? It helps you your ego feel good,
2320
01:19:42,000 --> 01:19:43,600
but at some point your ego is going to
2321
01:19:43,600 --> 01:19:45,360
have to rectify its good feeling with
2322
01:19:45,360 --> 01:19:46,880
reality, which is that you're broke as
2323
01:19:46,880 --> 01:19:49,520
[ __ ] and no one cares. And so, I would
2324
01:19:49,520 --> 01:19:52,000
rather humble myself rather than have
2325
01:19:52,000 --> 01:19:54,000
the world humble me. This is a Bible
2326
01:19:54,000 --> 01:19:55,040
quote that I just really like a lot.
2327
01:19:55,040 --> 01:19:56,960
It's Matthew 23:12. He said, "Those who
2328
01:19:56,960 --> 01:19:59,280
are humble will be exalted, and whoever
2329
01:19:59,280 --> 01:20:00,800
exalts himself will be humbled." I
2330
01:20:00,800 --> 01:20:02,159
actually told that to one of our our
2331
01:20:02,159 --> 01:20:03,840
team the other day because I felt like
2332
01:20:03,840 --> 01:20:05,199
his ego was getting a little bit bigger
2333
01:20:05,199 --> 01:20:06,640
than it probably should have been. And I
2334
01:20:06,640 --> 01:20:08,000
said, "Listen, man." I was like, "If you
2335
01:20:08,000 --> 01:20:09,760
want to get humbled, keep doing what
2336
01:20:09,760 --> 01:20:11,440
you're doing." I was like, "But if you
2337
01:20:11,440 --> 01:20:13,440
want people to talk you up," I was like,
2338
01:20:13,440 --> 01:20:16,560
"Humble yourself. Let your work work for
2339
01:20:16,560 --> 01:20:19,360
you and then everyone else will exalt
2340
01:20:19,360 --> 01:20:21,600
you." And so, I think most men want to
2341
01:20:21,600 --> 01:20:23,199
be respected. They don't have respect.
2342
01:20:23,199 --> 01:20:25,199
And so, they compensate by exalting
2343
01:20:25,199 --> 01:20:26,320
themselves because it makes them feel
2344
01:20:26,320 --> 01:20:27,600
better in the short term, but you look
2345
01:20:27,600 --> 01:20:29,120
like an idiot in the long term. And
2346
01:20:29,120 --> 01:20:30,719
think about it like this. Like, for some
2347
01:20:30,719 --> 01:20:31,840
reason, I don't know why we're wired
2348
01:20:31,840 --> 01:20:33,199
this way, but we say nice things about
2349
01:20:33,199 --> 01:20:34,719
ourselves and we feel good, but everyone
2350
01:20:34,719 --> 01:20:38,080
else feels bad, right? If everyone else
2351
01:20:38,080 --> 01:20:39,440
says nice things about you, it doesn't
2352
01:20:39,440 --> 01:20:40,719
make them feel bad to say it, but it
2353
01:20:40,719 --> 01:20:42,080
makes you feel good. Think about those
2354
01:20:42,080 --> 01:20:44,080
people in your life who always like talk
2355
01:20:44,080 --> 01:20:46,320
themselves up. It's like, what do you
2356
01:20:46,320 --> 01:20:47,440
see? You're like, "This guy's so
2357
01:20:47,440 --> 01:20:49,840
insecure. It's obvious." And you look
2358
01:20:49,840 --> 01:20:51,760
that way. You don't feel that way, but
2359
01:20:51,760 --> 01:20:52,880
you look that way. And some of the
2360
01:20:52,880 --> 01:20:54,560
things that you develop as you get older
2361
01:20:54,560 --> 01:20:56,320
is the separation between how I look and
2362
01:20:56,320 --> 01:20:58,400
how I feel, which is like, "Oh, even
2363
01:20:58,400 --> 01:21:00,400
though this feels good, I look dumb
2364
01:21:00,400 --> 01:21:02,560
doing this." Your feelings can lie to
2365
01:21:02,560 --> 01:21:05,760
you in terms of how well this behavior
2366
01:21:05,760 --> 01:21:07,679
is serving you with your goals in the
2367
01:21:07,679 --> 01:21:09,199
long term. And while we're talking about
2368
01:21:09,199 --> 01:21:10,640
your friends exalting you and your
2369
01:21:10,640 --> 01:21:13,360
friends saying you're cool, how much do
2370
01:21:13,360 --> 01:21:15,199
their opinions of you really matter? Cuz
2371
01:21:15,199 --> 01:21:16,400
now this is going to take a completely
2372
01:21:16,400 --> 01:21:17,760
different direction than you expected,
2373
01:21:17,760 --> 01:21:20,080
which is you being humble is a
2374
01:21:20,080 --> 01:21:21,600
description that other people would give
2375
01:21:21,600 --> 01:21:24,239
to you. But it relies on you caring a
2376
01:21:24,239 --> 01:21:25,760
lot of what they think, which is a
2377
01:21:25,760 --> 01:21:27,360
double-edged sword. And the younger you
2378
01:21:27,360 --> 01:21:29,679
are, actually at all points, it hurts
2379
01:21:29,679 --> 01:21:31,440
you. It's kind of like the stock market.
2380
01:21:31,440 --> 01:21:33,920
One person, two person. One day or two
2381
01:21:33,920 --> 01:21:35,600
days in the stock market, it's just
2382
01:21:35,600 --> 01:21:37,920
about sentiment. But how big the stock
2383
01:21:37,920 --> 01:21:40,719
goes over a decade is about how good the
2384
01:21:40,719 --> 01:21:43,280
intrinsic stock is. And so if a few
2385
01:21:43,280 --> 01:21:45,280
people say you're an [ __ ] no big
2386
01:21:45,280 --> 01:21:46,719
deal. If everyone says you're an
2387
01:21:46,719 --> 01:21:48,960
[ __ ] probably a problem, right? And
2388
01:21:48,960 --> 01:21:50,480
so it's understanding the nuance between
2389
01:21:50,480 --> 01:21:52,480
that. But your friend group has a
2390
01:21:52,480 --> 01:21:54,080
disproportionate sway over your
2391
01:21:54,080 --> 01:21:57,280
behavior. And so your reference group is
2392
01:21:57,280 --> 01:21:59,120
one of the number one correlations with
2393
01:21:59,120 --> 01:22:03,360
how big your life gets or rather the
2394
01:22:03,360 --> 01:22:04,960
goals you achieve. Now they've done the
2395
01:22:04,960 --> 01:22:06,239
studies in terms of finance because it's
2396
01:22:06,239 --> 01:22:07,920
easy to quantify but your reference
2397
01:22:07,920 --> 01:22:09,280
group the five people you compare
2398
01:22:09,280 --> 01:22:11,199
yourself to not necessarily spend the
2399
01:22:11,199 --> 01:22:13,520
most time with but compare yourself to
2400
01:22:13,520 --> 01:22:17,760
are the ones that determine your future.
2401
01:22:17,760 --> 01:22:20,800
And so sometimes you have to like your
2402
01:22:20,800 --> 01:22:23,199
goals more than you like your friends.
2403
01:22:23,199 --> 01:22:25,280
And every person who wants to do
2404
01:22:25,280 --> 01:22:27,040
something in their life or has done
2405
01:22:27,040 --> 01:22:28,719
something with their lives is going
2406
01:22:28,719 --> 01:22:30,960
through the exact same chapter that
2407
01:22:30,960 --> 01:22:32,960
you're going through right now. And it's
2408
01:22:32,960 --> 01:22:34,480
the lonely chapter. It's the chapter
2409
01:22:34,480 --> 01:22:35,840
where you don't fit in with your old
2410
01:22:35,840 --> 01:22:37,520
friends, but you don't have the
2411
01:22:37,520 --> 01:22:39,040
achievements yet to fit in with a new
2412
01:22:39,040 --> 01:22:40,719
group of friends. And you're doing all
2413
01:22:40,719 --> 01:22:42,320
the stuff, right? The fruit tutorials.
2414
01:22:42,320 --> 01:22:43,760
You're watching these videos and you're
2415
01:22:43,760 --> 01:22:44,719
reading everything you can get your
2416
01:22:44,719 --> 01:22:46,400
hands on. And you're trying to set up
2417
01:22:46,400 --> 01:22:48,639
whatever your podcast is or your content
2418
01:22:48,639 --> 01:22:50,159
thing, right? And you're going through
2419
01:22:50,159 --> 01:22:51,120
it and you're thinking to yourself like,
2420
01:22:51,120 --> 01:22:52,719
"Is this even worth it?" because you're
2421
01:22:52,719 --> 01:22:54,639
not seeing any signs of success. But the
2422
01:22:54,639 --> 01:22:56,639
sign of success is the hate that you get
2423
01:22:56,639 --> 01:22:58,320
along the way. It is the leading
2424
01:22:58,320 --> 01:23:01,280
indicator. And what you can't do is bend
2425
01:23:01,280 --> 01:23:03,920
the knee to their hate and try and fit
2426
01:23:03,920 --> 01:23:05,679
back in and conform because it's
2427
01:23:05,679 --> 01:23:08,080
comfortable and it's warm. It's like the
2428
01:23:08,080 --> 01:23:09,840
scene in the Matrix when Trinity opens
2429
01:23:09,840 --> 01:23:11,360
the door, the very beginning in the
2430
01:23:11,360 --> 01:23:13,600
first Matrix when Neo is about to take
2431
01:23:13,600 --> 01:23:15,520
the red pill and he wants to get out of
2432
01:23:15,520 --> 01:23:17,679
the car and Trinity says, "You've been
2433
01:23:17,679 --> 01:23:19,920
down that road, Neo. you know that road
2434
01:23:19,920 --> 01:23:22,080
and you know exactly where it ends and I
2435
01:23:22,080 --> 01:23:24,480
know that's not where you want to be.
2436
01:23:24,480 --> 01:23:26,480
And then he closes the door and he gets
2437
01:23:26,480 --> 01:23:28,159
back in and he goes they they go to go
2438
01:23:28,159 --> 01:23:30,560
take the red pill. So right now this
2439
01:23:30,560 --> 01:23:31,840
moment that you're going through is
2440
01:23:31,840 --> 01:23:34,080
Trinity opening the door and saying you
2441
01:23:34,080 --> 01:23:36,320
could go back. You could go party. You
2442
01:23:36,320 --> 01:23:38,000
could go to the nightclubs. You could
2443
01:23:38,000 --> 01:23:39,440
say that this was just a hobby. You
2444
01:23:39,440 --> 01:23:40,719
could downplay what you're doing like
2445
01:23:40,719 --> 01:23:42,000
I'm just trying it out. Oh yeah. I'm not
2446
01:23:42,000 --> 01:23:43,280
I'm not really that into it. It's just
2447
01:23:43,280 --> 01:23:46,639
like just something I found. Right. But
2448
01:23:46,639 --> 01:23:48,719
then as you're saying, you feel like a
2449
01:23:48,719 --> 01:23:50,159
fake because you're lying to yourself.
2450
01:23:50,159 --> 01:23:52,719
You're lying to them about what you what
2451
01:23:52,719 --> 01:23:54,400
your real intentions are. And in that
2452
01:23:54,400 --> 01:23:56,080
moment when you're trying to think about
2453
01:23:56,080 --> 01:23:57,360
having that conversation, you'll
2454
01:23:57,360 --> 01:23:59,199
remember exactly why you left, why it is
2455
01:23:59,199 --> 01:24:01,040
that road. And you know exactly where it
2456
01:24:01,040 --> 01:24:02,320
ends. And that's not where you want to
2457
01:24:02,320 --> 01:24:06,159
be. And the thing is is that your goals
2458
01:24:06,159 --> 01:24:08,400
will stick with you longer than these
2459
01:24:08,400 --> 01:24:11,199
relationships. Your goals will serve you
2460
01:24:11,199 --> 01:24:13,280
more than these relationships. And this
2461
01:24:13,280 --> 01:24:14,800
is what this is the stuff that no one
2462
01:24:14,800 --> 01:24:16,320
will tell you. I can tell you
2463
01:24:16,320 --> 01:24:18,239
personally, I don't talk to I talked to
2464
01:24:18,239 --> 01:24:20,800
one friend that I have from middle
2465
01:24:20,800 --> 01:24:22,880
school and high school. All right? I
2466
01:24:22,880 --> 01:24:27,199
talk to one person, two people from
2467
01:24:27,199 --> 01:24:29,040
college. And it's not like we talk all
2468
01:24:29,040 --> 01:24:30,560
the time. I talk to him every six months
2469
01:24:30,560 --> 01:24:32,880
or so. And so I say this because
2470
01:24:32,880 --> 01:24:34,880
although these relationships feel like
2471
01:24:34,880 --> 01:24:36,080
they're incredibly important in your
2472
01:24:36,080 --> 01:24:38,719
life right now, they will disappear. The
2473
01:24:38,719 --> 01:24:40,560
majority of these of these friendships
2474
01:24:40,560 --> 01:24:42,080
are based on convenience. you're only
2475
01:24:42,080 --> 01:24:43,120
friends with them because they lived in
2476
01:24:43,120 --> 01:24:44,080
your dorm, they lived in your
2477
01:24:44,080 --> 01:24:45,600
neighborhood, they went in to English
2478
01:24:45,600 --> 01:24:47,199
class with you. But as soon as your
2479
01:24:47,199 --> 01:24:49,120
conditions change, you change where
2480
01:24:49,120 --> 01:24:51,600
you're at. All many of them will fade
2481
01:24:51,600 --> 01:24:54,400
away because you'll develop new skills.
2482
01:24:54,400 --> 01:24:55,760
You'll develop new context. You'll meet
2483
01:24:55,760 --> 01:24:58,560
new people who are upskilled from them.
2484
01:24:58,560 --> 01:25:00,239
And then you'll compare them to compare
2485
01:25:00,239 --> 01:25:01,360
to these people and you'll be like,
2486
01:25:01,360 --> 01:25:02,880
"Man, these are better friends. These
2487
01:25:02,880 --> 01:25:04,159
are people who are more aligned with my
2488
01:25:04,159 --> 01:25:05,679
goals. They're trying to grow. When I
2489
01:25:05,679 --> 01:25:07,120
want to work all day Saturday, they're
2490
01:25:07,120 --> 01:25:08,960
like, cool, I'll work with you." Rather
2491
01:25:08,960 --> 01:25:10,320
than being like, "Dude, we're going on a
2492
01:25:10,320 --> 01:25:11,520
pontoon boat. like where are you going
2493
01:25:11,520 --> 01:25:15,040
to be? And you have to accept that as
2494
01:25:15,040 --> 01:25:17,679
the price. And the thing is is like it's
2495
01:25:17,679 --> 01:25:20,159
only if you want that like if you if you
2496
01:25:20,159 --> 01:25:23,199
want to live a life that is the same as
2497
01:25:23,199 --> 01:25:24,560
everyone else's then you can do what
2498
01:25:24,560 --> 01:25:26,960
everyone else does. The only issue is
2499
01:25:26,960 --> 01:25:29,120
when you want to do what everyone else
2500
01:25:29,120 --> 01:25:31,040
does but get what none of them have. If
2501
01:25:31,040 --> 01:25:34,000
you want to be exceptional by definition
2502
01:25:34,000 --> 01:25:36,639
you will be the exception. You will not
2503
01:25:36,639 --> 01:25:38,800
be normal. You will be unlike the
2504
01:25:38,800 --> 01:25:41,600
others. And so it makes sense that you
2505
01:25:41,600 --> 01:25:43,440
would be in the out groupoup. And it
2506
01:25:43,440 --> 01:25:45,120
hurts as a human being because you want
2507
01:25:45,120 --> 01:25:46,800
to be in the in-group. It's part of our
2508
01:25:46,800 --> 01:25:49,760
DNA. Shame is a real thing. And we don't
2509
01:25:49,760 --> 01:25:51,600
want to feel that because in in the real
2510
01:25:51,600 --> 01:25:53,840
in the in the n natural world, if you're
2511
01:25:53,840 --> 01:25:55,040
outside of the group, you have a much
2512
01:25:55,040 --> 01:25:56,320
lower likelihood of living and
2513
01:25:56,320 --> 01:25:59,679
procreating. So it's strong in our DNA
2514
01:25:59,679 --> 01:26:02,800
to be in group. But the thing is is that
2515
01:26:02,800 --> 01:26:04,480
you're actually not in group or out of
2516
01:26:04,480 --> 01:26:06,400
group. You're transitioning. You're
2517
01:26:06,400 --> 01:26:09,440
between groups. And so in that lonely
2518
01:26:09,440 --> 01:26:11,760
chapter, that's where you can do a
2519
01:26:11,760 --> 01:26:13,120
disproportionate amount of work because
2520
01:26:13,120 --> 01:26:14,880
you have no distractions. So you listen
2521
01:26:14,880 --> 01:26:16,560
to the podcast, you read the tweets, you
2522
01:26:16,560 --> 01:26:17,679
watch the videos, you consume the
2523
01:26:17,679 --> 01:26:19,440
content because you know deep down, I
2524
01:26:19,440 --> 01:26:22,000
can do more than this. And you begin to
2525
01:26:22,000 --> 01:26:24,000
see the person that you could be and
2526
01:26:24,000 --> 01:26:26,000
realize how far you need to go to get
2527
01:26:26,000 --> 01:26:28,159
there. But despite how far away it
2528
01:26:28,159 --> 01:26:30,080
seems, your goals, the best version of
2529
01:26:30,080 --> 01:26:32,080
you, you look back down the dead end
2530
01:26:32,080 --> 01:26:33,360
road and you know that's not where you
2531
01:26:33,360 --> 01:26:35,600
want to be. And so you keep going and
2532
01:26:35,600 --> 01:26:37,280
realize that there's no turning back.
2533
01:26:37,280 --> 01:26:39,440
Once you see the promised land, once you
2534
01:26:39,440 --> 01:26:41,440
see what you could become, you can't go
2535
01:26:41,440 --> 01:26:43,199
back. And if you're not sure who your
2536
01:26:43,199 --> 01:26:46,159
real friends are, one, ask, is it more
2537
01:26:46,159 --> 01:26:48,320
likely or less likely that I hit my
2538
01:26:48,320 --> 01:26:50,000
goals with this person in my life? Just
2539
01:26:50,000 --> 01:26:51,040
think about it. Like, if this person
2540
01:26:51,040 --> 01:26:52,239
isn't in my life, is it more likely my
2541
01:26:52,239 --> 01:26:54,000
goals? Then remove them. Because it's
2542
01:26:54,000 --> 01:26:56,000
better to have friends who force you to
2543
01:26:56,000 --> 01:26:58,080
grow than ones who accept you as you
2544
01:26:58,080 --> 01:26:59,760
are. Because the biggest risk to your
2545
01:26:59,760 --> 01:27:01,920
future isn't your future competition or
2546
01:27:01,920 --> 01:27:03,920
your rivals. It's the distraction that
2547
01:27:03,920 --> 01:27:06,400
you insist on keeping in your life
2548
01:27:06,400 --> 01:27:08,159
rather than doing the things you know
2549
01:27:08,159 --> 01:27:09,679
you should be doing but aren't. Think
2550
01:27:09,679 --> 01:27:12,320
about it like this. Imagine a competitor
2551
01:27:12,320 --> 01:27:14,480
that you'd never want to go against.
2552
01:27:14,480 --> 01:27:16,800
Focused, persistent, always learning,
2553
01:27:16,800 --> 01:27:19,440
always improving, relentless, says no to
2554
01:27:19,440 --> 01:27:21,199
everything but that which makes them
2555
01:27:21,199 --> 01:27:23,280
stronger. You know what he looks like.
2556
01:27:23,280 --> 01:27:24,960
You know how he acts. You know who he
2557
01:27:24,960 --> 01:27:28,239
associates with. Great.
2558
01:27:28,239 --> 01:27:30,960
That's future you. Now become him. You
2559
01:27:30,960 --> 01:27:33,360
have to kill your current self for your
2560
01:27:33,360 --> 01:27:35,440
new self to have room to grow. And so
2561
01:27:35,440 --> 01:27:37,760
it's this constant appraisal of your
2562
01:27:37,760 --> 01:27:40,639
skills and activities and saying which
2563
01:27:40,639 --> 01:27:42,719
of these makes me stronger? Which of
2564
01:27:42,719 --> 01:27:44,480
these makes it more likely for me to hit
2565
01:27:44,480 --> 01:27:46,000
my goal? And I just want to give you
2566
01:27:46,000 --> 01:27:47,760
that frame because that like that single
2567
01:27:47,760 --> 01:27:50,080
frame of is this person being in my life
2568
01:27:50,080 --> 01:27:51,679
make it more likely or less likely to
2569
01:27:51,679 --> 01:27:53,600
hit my goal? Is this activity or this
2570
01:27:53,600 --> 01:27:55,199
behavior that I do make it more or less
2571
01:27:55,199 --> 01:27:56,639
likely to hit my goal? And I
2572
01:27:56,639 --> 01:27:58,560
consistently just ask that question over
2573
01:27:58,560 --> 01:28:00,639
and over and over again. And that is
2574
01:28:00,639 --> 01:28:02,880
because for me, I do love my goals more
2575
01:28:02,880 --> 01:28:04,719
than I love my friend because my goals
2576
01:28:04,719 --> 01:28:07,440
will be with me long after they are. And
2577
01:28:07,440 --> 01:28:09,440
so if you think about your relationship
2578
01:28:09,440 --> 01:28:11,600
with your goals and you put it on the
2579
01:28:11,600 --> 01:28:13,440
same pedestal or higher than your
2580
01:28:13,440 --> 01:28:15,360
relationship with your friends, you're
2581
01:28:15,360 --> 01:28:17,600
going to lose one of the relationships.
2582
01:28:17,600 --> 01:28:19,440
And the question is which one is the one
2583
01:28:19,440 --> 01:28:20,639
that's going to serve you more in the
2584
01:28:20,639 --> 01:28:22,159
long term? That's a decision for you.
2585
01:28:22,159 --> 01:28:23,920
But for me, I can tell you personally,
2586
01:28:23,920 --> 01:28:25,840
achieving my goals has served me more
2587
01:28:25,840 --> 01:28:28,639
than any one person has. And because
2588
01:28:28,639 --> 01:28:30,400
achieving your goals is a generalized
2589
01:28:30,400 --> 01:28:32,800
thing, it can open all doors to new
2590
01:28:32,800 --> 01:28:35,040
relationships. And so you do have to
2591
01:28:35,040 --> 01:28:36,960
burn sometimes what you have in order to
2592
01:28:36,960 --> 01:28:38,560
have what you want. If you want to
2593
01:28:38,560 --> 01:28:41,840
impress poor people, outspend them. If
2594
01:28:41,840 --> 01:28:44,159
you want to impress rich people, outwork
2595
01:28:44,159 --> 01:28:46,719
them. And I can tell you this being in
2596
01:28:46,719 --> 01:28:48,000
the position that I'm at because I have
2597
01:28:48,000 --> 01:28:50,719
tons of young men who work for me and I
2598
01:28:50,719 --> 01:28:52,080
mean they hear all the content that I
2599
01:28:52,080 --> 01:28:54,639
make and they know that. And so if you
2600
01:28:54,639 --> 01:28:56,960
lease a Ferrari for $5,000 a month or
2601
01:28:56,960 --> 01:29:00,719
whatever, I know you're not rich. And
2602
01:29:00,719 --> 01:29:02,800
every rich person isn't impressed by
2603
01:29:02,800 --> 01:29:04,639
that because we know what it costs. You
2604
01:29:04,639 --> 01:29:06,639
only impress poor people. And if you do
2605
01:29:06,639 --> 01:29:08,080
it really early in your career, every
2606
01:29:08,080 --> 01:29:09,440
rich person's like, "Man, you should be
2607
01:29:09,440 --> 01:29:10,960
reinvesting that to get way [ __ ]
2608
01:29:10,960 --> 01:29:12,159
bigger." Now, if you're like an
2609
01:29:12,159 --> 01:29:13,679
afficionado and you want to have lots of
2610
01:29:13,679 --> 01:29:14,800
cars, and that's like, again, that's
2611
01:29:14,800 --> 01:29:15,920
different. It depends on the reason
2612
01:29:15,920 --> 01:29:17,199
you're doing it. It's like you shouldn't
2613
01:29:17,199 --> 01:29:19,440
be cooking your own food unless you love
2614
01:29:19,440 --> 01:29:21,199
cooking. But if you don't love cooking,
2615
01:29:21,199 --> 01:29:22,400
then you should outsource that [ __ ] as
2616
01:29:22,400 --> 01:29:23,440
fast as possible so that you can get
2617
01:29:23,440 --> 01:29:24,960
your time back. It's understanding the
2618
01:29:24,960 --> 01:29:26,320
context of this, which of course this
2619
01:29:26,320 --> 01:29:27,920
will be taken out of context. But
2620
01:29:27,920 --> 01:29:30,000
hopefully you watching or listening to
2621
01:29:30,000 --> 01:29:32,239
this can at least get it. Leila and I
2622
01:29:32,239 --> 01:29:34,400
both collectively started buying nicer
2623
01:29:34,400 --> 01:29:36,000
things. So living in nicer places,
2624
01:29:36,000 --> 01:29:38,400
having nicer cars, I bought my home,
2625
01:29:38,400 --> 01:29:40,320
which was a nice house in Austin. I
2626
01:29:40,320 --> 01:29:42,719
think it cost me 1.7 million. I bought
2627
01:29:42,719 --> 01:29:44,800
it in cash and I bought it off one
2628
01:29:44,800 --> 01:29:46,960
month's paycheck. And so I want to put
2629
01:29:46,960 --> 01:29:48,880
that in context to like was it a ball
2630
01:29:48,880 --> 01:29:50,880
and house? Totally. It was sick. I was
2631
01:29:50,880 --> 01:29:53,040
super happy to be there. But where I
2632
01:29:53,040 --> 01:29:55,120
lived before that cost me 1,200 bucks a
2633
01:29:55,120 --> 01:29:57,120
month. And so you're like, wait, 1.6,
2634
01:29:57,120 --> 01:29:59,920
right? We spend money, but by
2635
01:29:59,920 --> 01:30:01,679
percentage, the amount of money we spend
2636
01:30:01,679 --> 01:30:03,920
is inconsequential. If you want to buy
2637
01:30:03,920 --> 01:30:05,600
the toys and you want to buy that stuff,
2638
01:30:05,600 --> 01:30:07,360
I would say sure, understand one,
2639
01:30:07,360 --> 01:30:08,639
whatever you spend, you're taking away
2640
01:30:08,639 --> 01:30:10,159
from the future. Now, there is always a
2641
01:30:10,159 --> 01:30:11,199
point you have to balance between
2642
01:30:11,199 --> 01:30:13,280
consumption and investment. If you never
2643
01:30:13,280 --> 01:30:14,800
spend anything, you live you live your
2644
01:30:14,800 --> 01:30:15,840
entire life and you end up with a big
2645
01:30:15,840 --> 01:30:18,000
pile of money and you didn't enjoy any
2646
01:30:18,000 --> 01:30:19,679
moment of that. I don't think that's the
2647
01:30:19,679 --> 01:30:21,040
way to do it. But I do think there's a
2648
01:30:21,040 --> 01:30:22,320
ratio there and I think that ratio
2649
01:30:22,320 --> 01:30:24,000
depends on you as an individual. I tend
2650
01:30:24,000 --> 01:30:25,520
to always overindex on investment
2651
01:30:25,520 --> 01:30:27,280
because I just I want to become a really
2652
01:30:27,280 --> 01:30:30,400
like great version of me and I think
2653
01:30:30,400 --> 01:30:31,760
that's going to cost money and it's
2654
01:30:31,760 --> 01:30:33,280
going to cost time and I like to be
2655
01:30:33,280 --> 01:30:34,639
ready for those opportunities because
2656
01:30:34,639 --> 01:30:35,840
the opportunities get bigger and have
2657
01:30:35,840 --> 01:30:37,600
more zeros next to them and there's no
2658
01:30:37,600 --> 01:30:39,040
masterminds you get to at a certain
2659
01:30:39,040 --> 01:30:40,400
level. you just do a deal with someone
2660
01:30:40,400 --> 01:30:41,920
and if for me to pony up for the deal
2661
01:30:41,920 --> 01:30:42,880
might be like, "Hey, you got to write a
2662
01:30:42,880 --> 01:30:43,840
check for 10 million." I'm like, "All
2663
01:30:43,840 --> 01:30:46,400
right, I got to have that ready for just
2664
01:30:46,400 --> 01:30:47,840
like on the sidelines waiting for
2665
01:30:47,840 --> 01:30:51,600
opportunities, right?" And so the idea
2666
01:30:51,600 --> 01:30:54,239
is being on the defensive so that you
2667
01:30:54,239 --> 01:30:56,719
can be on the offensive. It's living far
2668
01:30:56,719 --> 01:30:58,320
below your lifestyle so that you can
2669
01:30:58,320 --> 01:30:59,760
more heavily invest in the growth of the
2670
01:30:59,760 --> 01:31:02,560
business. And so your lifestyle is your
2671
01:31:02,560 --> 01:31:04,480
competitor's opportunity. There's you
2672
01:31:04,480 --> 01:31:05,679
and other version of you. There's
2673
01:31:05,679 --> 01:31:08,320
bizarro you, right? And Bizaru wants to
2674
01:31:08,320 --> 01:31:09,679
live this great lifestyle and has the
2675
01:31:09,679 --> 01:31:11,040
Ferrari and the nicer place and
2676
01:31:11,040 --> 01:31:12,880
whatever. But when an opportunity comes
2677
01:31:12,880 --> 01:31:15,199
along, Bizarro doesn't have any savings
2678
01:31:15,199 --> 01:31:17,840
because he's trying to to show face,
2679
01:31:17,840 --> 01:31:18,880
right? But the thing is is that
2680
01:31:18,880 --> 01:31:20,159
everybody who's trying to show face for
2681
01:31:20,159 --> 01:31:21,679
hates him anyways cuz it looks like he's
2682
01:31:21,679 --> 01:31:24,159
bragging. But also, they know how much
2683
01:31:24,159 --> 01:31:25,520
he makes relatively and they're like,
2684
01:31:25,520 --> 01:31:26,960
"God, he's got to be spending his whole
2685
01:31:26,960 --> 01:31:28,960
paycheck. He looks irresponsible."
2686
01:31:28,960 --> 01:31:31,040
There's zero advantage to being
2687
01:31:31,040 --> 01:31:33,679
accurately judged. If you are strong,
2688
01:31:33,679 --> 01:31:35,520
you want to appear weak. You want to
2689
01:31:35,520 --> 01:31:37,360
have more money than people expect you
2690
01:31:37,360 --> 01:31:40,320
to have. And so for me, when we did buy
2691
01:31:40,320 --> 01:31:42,639
the Bentley, which I bought because I
2692
01:31:42,639 --> 01:31:44,239
got, I'll be honest, I got pressured
2693
01:31:44,239 --> 01:31:45,840
into it. They're like, "Dude, come on.
2694
01:31:45,840 --> 01:31:47,120
You make all this money. Like, buy
2695
01:31:47,120 --> 01:31:48,400
something nice for yourself." And I was
2696
01:31:48,400 --> 01:31:49,760
like, "I guess people buy nice cars."
2697
01:31:49,760 --> 01:31:51,520
So, I bought a car. I bought a Bentley.
2698
01:31:51,520 --> 01:31:54,080
And um I returned it 6 months later. Uh
2699
01:31:54,080 --> 01:31:55,600
and I lost 20 grand on it. And I was
2700
01:31:55,600 --> 01:31:57,600
like, "This was just a complete waste of
2701
01:31:57,600 --> 01:31:59,199
everything." Like, I just don't care at
2702
01:31:59,199 --> 01:32:00,480
all about this because you only need
2703
01:32:00,480 --> 01:32:02,080
three things to win. You can write this
2704
01:32:02,080 --> 01:32:05,280
down. the balls to start, the brains to
2705
01:32:05,280 --> 01:32:07,520
learn, and the heart to never quit. And
2706
01:32:07,520 --> 01:32:09,360
the good news is you already have all
2707
01:32:09,360 --> 01:32:10,719
three. You're just not using them.
2708
01:32:10,719 --> 01:32:12,000
Because fundamentally, if you found
2709
01:32:12,000 --> 01:32:13,520
somebody and they started and they
2710
01:32:13,520 --> 01:32:15,120
continued to get better and they never
2711
01:32:15,120 --> 01:32:16,400
stopped, they would win. Just think
2712
01:32:16,400 --> 01:32:17,840
about it from fundamental basics. Like
2713
01:32:17,840 --> 01:32:20,320
if I said, okay, think of a person who
2714
01:32:20,320 --> 01:32:22,159
only did one thing and all they
2715
01:32:22,159 --> 01:32:23,679
dedicated their entire life to is doing
2716
01:32:23,679 --> 01:32:25,199
that one thing and getting better and
2717
01:32:25,199 --> 01:32:26,960
better at that thing and they did it for
2718
01:32:26,960 --> 01:32:28,560
50 years. Do you think that person would
2719
01:32:28,560 --> 01:32:30,480
not be incredibly successful? Of course
2720
01:32:30,480 --> 01:32:32,159
they would be. then why aren't you doing
2721
01:32:32,159 --> 01:32:34,560
it? The problem is it's never been
2722
01:32:34,560 --> 01:32:37,199
easier to start a business. It's also
2723
01:32:37,199 --> 01:32:39,199
never been easier to do nothing at all.
2724
01:32:39,199 --> 01:32:40,960
And this is what I mean by your
2725
01:32:40,960 --> 01:32:42,560
distractions are the things that are
2726
01:32:42,560 --> 01:32:44,159
getting in your way, preventing you from
2727
01:32:44,159 --> 01:32:45,600
doing the things you already know you
2728
01:32:45,600 --> 01:32:46,960
should be doing but aren't. Right now,
2729
01:32:46,960 --> 01:32:48,320
if I were to say, "Hey, go get in shape.
2730
01:32:48,320 --> 01:32:49,440
What do you need to do?" What you want
2731
01:32:49,440 --> 01:32:50,639
to say is, "I'm going to go do some
2732
01:32:50,639 --> 01:32:52,000
research to find the best program and to
2733
01:32:52,000 --> 01:32:53,679
find the best diet." But if I just said,
2734
01:32:53,679 --> 01:32:55,360
"No, no, no. You can't look." Make a
2735
01:32:55,360 --> 01:32:56,320
guess. What would you say? You're
2736
01:32:56,320 --> 01:32:57,199
probably like, "Well, I need probably
2737
01:32:57,199 --> 01:32:58,719
like go to the gym, probably do some
2738
01:32:58,719 --> 01:33:00,560
weights, probably do some cardio, move a
2739
01:33:00,560 --> 01:33:01,760
little bit." Or would I say, "Do you
2740
01:33:01,760 --> 01:33:03,040
want to stay at the same weight? Do you
2741
01:33:03,040 --> 01:33:04,400
want to stay at the same cardio pace or
2742
01:33:04,400 --> 01:33:05,760
do you want to move those up over time?"
2743
01:33:05,760 --> 01:33:06,800
You probably say, "I want to move those
2744
01:33:06,800 --> 01:33:08,560
up over time." Like, okay. And then
2745
01:33:08,560 --> 01:33:09,760
food-wise, like, do you want to probably
2746
01:33:09,760 --> 01:33:11,600
eat more protein and eat like [ __ ] You
2747
01:33:11,600 --> 01:33:12,960
probably be like, "Yeah." Like, well,
2748
01:33:12,960 --> 01:33:14,719
why don't we just start there? Most of
2749
01:33:14,719 --> 01:33:16,320
the things you need to do, you already
2750
01:33:16,320 --> 01:33:17,600
know what to do, and you delay doing
2751
01:33:17,600 --> 01:33:19,840
them by under the guise of having a
2752
01:33:19,840 --> 01:33:21,520
better plan. But the reality is that
2753
01:33:21,520 --> 01:33:22,800
your plan is always going to change as
2754
01:33:22,800 --> 01:33:24,480
soon as you get new information. And so
2755
01:33:24,480 --> 01:33:27,199
the point is to start period and learn.
2756
01:33:27,199 --> 01:33:29,280
And it's giving yourself permission to
2757
01:33:29,280 --> 01:33:32,639
have the humility to start a role that
2758
01:33:32,639 --> 01:33:34,400
you know is not going to be your endgame
2759
01:33:34,400 --> 01:33:36,800
because you just see it as one tile on
2760
01:33:36,800 --> 01:33:38,560
the painting that's going to become the
2761
01:33:38,560 --> 01:33:39,840
version of you that you want. It's like
2762
01:33:39,840 --> 01:33:41,040
I got to start at this corner. I'm going
2763
01:33:41,040 --> 01:33:42,320
to paint this corner up because I know
2764
01:33:42,320 --> 01:33:45,280
that this cornerstone of experience in
2765
01:33:45,280 --> 01:33:49,360
doortodoor or cold calling or media
2766
01:33:49,360 --> 01:33:51,600
buying, whatever, is going to be
2767
01:33:51,600 --> 01:33:52,800
something that I can build my whole
2768
01:33:52,800 --> 01:33:55,600
career off of. There are maybe trillions
2769
01:33:55,600 --> 01:33:57,440
of dollars, but at least hundreds of
2770
01:33:57,440 --> 01:33:59,199
billions of dollars that are being made
2771
01:33:59,199 --> 01:34:00,960
and dedicated every day to getting you
2772
01:34:00,960 --> 01:34:02,719
to do nothing. It's not a fair fight. I
2773
01:34:02,719 --> 01:34:04,480
want to be clear. It's not a fair fight.
2774
01:34:04,480 --> 01:34:06,960
And they're winning. And so, I love this
2775
01:34:06,960 --> 01:34:09,360
from from Andy Fcell. said personal
2776
01:34:09,360 --> 01:34:11,679
excellence is the ultimate rebellion.
2777
01:34:11,679 --> 01:34:13,760
And so I think like you want to be a
2778
01:34:13,760 --> 01:34:15,920
[ __ ] rebel, be excellent and do it
2779
01:34:15,920 --> 01:34:17,199
for you. Like you want to stick it to
2780
01:34:17,199 --> 01:34:19,679
the man now, just be great.
2781
01:34:19,679 --> 01:34:20,960
Fundamentally, the point of
2782
01:34:20,960 --> 01:34:22,320
entertainment is to get someone to pay
2783
01:34:22,320 --> 01:34:24,000
attention to it. That's all
2784
01:34:24,000 --> 01:34:25,520
entertainment does is pay attention to
2785
01:34:25,520 --> 01:34:29,360
me, right? And so that means that you're
2786
01:34:29,360 --> 01:34:31,199
not paying attention to the thing that
2787
01:34:31,199 --> 01:34:33,600
matters more to you in the long term.
2788
01:34:33,600 --> 01:34:35,679
And so every dollar, every minute of
2789
01:34:35,679 --> 01:34:37,280
attention you pay to entertainment,
2790
01:34:37,280 --> 01:34:39,040
whether that's porn, alcohol, going out
2791
01:34:39,040 --> 01:34:41,600
to clubs, uh, all of social media in
2792
01:34:41,600 --> 01:34:44,800
general, motivation, porn, if you will,
2793
01:34:44,800 --> 01:34:48,000
all of that is you not doing what you
2794
01:34:48,000 --> 01:34:49,280
need to do to get to where you want to
2795
01:34:49,280 --> 01:34:50,639
go. You just have to be able to do
2796
01:34:50,639 --> 01:34:52,000
things without seeing an immediate
2797
01:34:52,000 --> 01:34:54,080
reward. Like, if there's one meta skill
2798
01:34:54,080 --> 01:34:57,520
that that overshadows all of this, it's
2799
01:34:57,520 --> 01:34:59,679
your ability to delay gratification. Is
2800
01:34:59,679 --> 01:35:02,800
to delay a moment of reward. That's it.
2801
01:35:02,800 --> 01:35:04,080
Like that's all you have to do. And in
2802
01:35:04,080 --> 01:35:04,960
the beginning, you just have to be able
2803
01:35:04,960 --> 01:35:06,080
to do it long enough that you get one
2804
01:35:06,080 --> 01:35:07,520
reward. And that reward is typically
2805
01:35:07,520 --> 01:35:09,679
outsized in its strength. And then that
2806
01:35:09,679 --> 01:35:11,120
will reinforce you sticking with it.
2807
01:35:11,120 --> 01:35:12,159
Because the people who do work really
2808
01:35:12,159 --> 01:35:13,120
really hard, it's not like they're made
2809
01:35:13,120 --> 01:35:14,320
of different flesh and blood than you.
2810
01:35:14,320 --> 01:35:15,199
It just means that they had a short
2811
01:35:15,199 --> 01:35:16,639
period at some point where they said,
2812
01:35:16,639 --> 01:35:17,760
"I'm going to shut everything else off
2813
01:35:17,760 --> 01:35:19,280
and I'm going to go all in on this." And
2814
01:35:19,280 --> 01:35:20,400
then when they do get that first
2815
01:35:20,400 --> 01:35:21,760
feedback loop like, "Holy [ __ ] I made
2816
01:35:21,760 --> 01:35:23,600
my first sale. Holy [ __ ] I I got my
2817
01:35:23,600 --> 01:35:25,440
first lead from from ads. Holy [ __ ] I
2818
01:35:25,440 --> 01:35:27,199
got my first, you know, 100 followers."
2819
01:35:27,199 --> 01:35:28,239
Whatever. It doesn't matter. like you
2820
01:35:28,239 --> 01:35:30,560
have some feedback loop for whatever it
2821
01:35:30,560 --> 01:35:32,639
is that you're trying to go after that
2822
01:35:32,639 --> 01:35:34,080
then encourages you to do more and
2823
01:35:34,080 --> 01:35:35,280
you're like, "Oh, this could work." And
2824
01:35:35,280 --> 01:35:36,560
then as soon as that turns on, you can
2825
01:35:36,560 --> 01:35:38,080
get obsessed with it. If I had you sign
2826
01:35:38,080 --> 01:35:40,960
a contract right now to be that you the
2827
01:35:40,960 --> 01:35:42,239
guaranteed that you'd be a millionaire
2828
01:35:42,239 --> 01:35:44,320
in 10 years, but you couldn't make any
2829
01:35:44,320 --> 01:35:45,840
real money between now and then, would
2830
01:35:45,840 --> 01:35:47,440
you sign it? Every person I've asked
2831
01:35:47,440 --> 01:35:50,239
says yes. And so maybe if you are
2832
01:35:50,239 --> 01:35:51,280
listening to this and you're nodding
2833
01:35:51,280 --> 01:35:52,719
your head like, "Okay, if I'm 30, I'm a
2834
01:35:52,719 --> 01:35:53,760
millionaire." Yeah, it sounds like a
2835
01:35:53,760 --> 01:35:55,600
great deal. By the way, that's like 0
2836
01:35:55,600 --> 01:35:57,679
whatever 1%. Like no one is. But if
2837
01:35:57,679 --> 01:36:00,159
that's you, a lot of stuff takes much
2838
01:36:00,159 --> 01:36:01,520
longer. And the problem is that when
2839
01:36:01,520 --> 01:36:03,120
you're 20, you've only been an adult for
2840
01:36:03,120 --> 01:36:04,960
like 3 seconds. And so the thing is that
2841
01:36:04,960 --> 01:36:06,719
3 seconds feels like a very long time.
2842
01:36:06,719 --> 01:36:10,080
But I have this belief that older people
2843
01:36:10,080 --> 01:36:13,280
are more patient, not because they're
2844
01:36:13,280 --> 01:36:15,120
actually more patient. It's just because
2845
01:36:15,120 --> 01:36:17,679
your perception of time speeds up. I can
2846
01:36:17,679 --> 01:36:19,280
be more patient than a 5-year-old
2847
01:36:19,280 --> 01:36:22,080
because for me, one year is not 20% of
2848
01:36:22,080 --> 01:36:24,639
my life. So my perception of time
2849
01:36:24,639 --> 01:36:26,400
shrinks. I might have the same patience
2850
01:36:26,400 --> 01:36:28,000
as a 5-year-old. It's just that more
2851
01:36:28,000 --> 01:36:31,360
time passes. And so, if you are younger,
2852
01:36:31,360 --> 01:36:33,360
then you have to just understand that
2853
01:36:33,360 --> 01:36:34,960
your perception of time will speed up.
2854
01:36:34,960 --> 01:36:38,000
And so, you will be able to exhibit
2855
01:36:38,000 --> 01:36:39,920
patience. You'll keep being able to do
2856
01:36:39,920 --> 01:36:41,199
something else in the meantime because
2857
01:36:41,199 --> 01:36:44,000
the meantime will pass faster. And so,
2858
01:36:44,000 --> 01:36:46,400
you have to overindex on it when you're
2859
01:36:46,400 --> 01:36:47,920
starting. I mean, I've got guys on my
2860
01:36:47,920 --> 01:36:49,119
team who are like, "Hey, what's my next
2861
01:36:49,119 --> 01:36:50,320
career move?" And they're like 30 days
2862
01:36:50,320 --> 01:36:53,360
into their job. And I'm like,
2863
01:36:53,360 --> 01:36:57,360
"Give it a second." like you still suck.
2864
01:36:57,360 --> 01:36:59,040
>> Like you went from suck to proficient,
2865
01:36:59,040 --> 01:37:00,719
like you're not great yet. Calm down.
2866
01:37:00,719 --> 01:37:01,920
The real world is very different from
2867
01:37:01,920 --> 01:37:03,040
school, which you've already, if you're
2868
01:37:03,040 --> 01:37:04,159
watching my stuff, you already kind of
2869
01:37:04,159 --> 01:37:05,199
have an idea about that. But I want to
2870
01:37:05,199 --> 01:37:06,080
give you the more of the behavioral
2871
01:37:06,080 --> 01:37:08,000
definition around it is that with
2872
01:37:08,000 --> 01:37:09,679
school, you have very clear directions
2873
01:37:09,679 --> 01:37:11,040
and a clear outcome with a clear
2874
01:37:11,040 --> 01:37:12,159
timeline and you get a grade
2875
01:37:12,159 --> 01:37:13,360
immediately. So that's kind of like the
2876
01:37:13,360 --> 01:37:14,719
reward or feedback loop, right? And
2877
01:37:14,719 --> 01:37:16,239
sometimes it's pop quiz, same day, next
2878
01:37:16,239 --> 01:37:17,840
day, you get the the feedback loop. Or
2879
01:37:17,840 --> 01:37:19,679
even you get you finish the quiz, you go
2880
01:37:19,679 --> 01:37:20,719
outside and you're like, "Hey, would you
2881
01:37:20,719 --> 01:37:21,600
answer for six?" And you're like, "Ah,
2882
01:37:21,600 --> 01:37:22,800
[ __ ] I got it wrong." Or whatever,
2883
01:37:22,800 --> 01:37:24,560
right? But the thing is is the world is
2884
01:37:24,560 --> 01:37:25,679
completely opposite of that. And so the
2885
01:37:25,679 --> 01:37:26,960
re the thing is that beginners are
2886
01:37:26,960 --> 01:37:28,400
paralyzed to make a decision because
2887
01:37:28,400 --> 01:37:30,639
they assume the real world works like
2888
01:37:30,639 --> 01:37:32,960
school and only has one right answer.
2889
01:37:32,960 --> 01:37:35,360
But reality is is that there are many
2890
01:37:35,360 --> 01:37:37,920
right answers with only one wrong answer
2891
01:37:37,920 --> 01:37:39,920
which is doing nothing. And that's the
2892
01:37:39,920 --> 01:37:41,199
answer that most people pick. So I was
2893
01:37:41,199 --> 01:37:42,560
talking to Neil Patel who's a friend of
2894
01:37:42,560 --> 01:37:44,320
mine and he just made this uh this big
2895
01:37:44,320 --> 01:37:45,600
tweet about this but he and I had had a
2896
01:37:45,600 --> 01:37:46,880
conversation about it earlier. He has
2897
01:37:46,880 --> 01:37:50,639
two friends. One who's a public uh CEO,
2898
01:37:50,639 --> 01:37:52,159
found a company, took it public. He's
2899
01:37:52,159 --> 01:37:53,600
got another friend who found a company,
2900
01:37:53,600 --> 01:37:54,960
took it public, took it back private,
2901
01:37:54,960 --> 01:37:56,880
and then now only does private deals.
2902
01:37:56,880 --> 01:37:58,320
The guy who does public and made all his
2903
01:37:58,320 --> 01:38:00,400
money public is like, you got to go
2904
01:38:00,400 --> 01:38:02,480
public. And the other guy who took his
2905
01:38:02,480 --> 01:38:04,159
company public and it was a big mess and
2906
01:38:04,159 --> 01:38:05,360
then took it private again is actually
2907
01:38:05,360 --> 01:38:07,280
richer than the guy who made his company
2908
01:38:07,280 --> 01:38:09,280
public. Both those guys are billionaires
2909
01:38:09,280 --> 01:38:11,280
and both gave advice and they had
2910
01:38:11,280 --> 01:38:13,360
differing advice. And so I don't see it
2911
01:38:13,360 --> 01:38:15,199
as one is right or wrong. It's that
2912
01:38:15,199 --> 01:38:18,480
there are many right paths, but only one
2913
01:38:18,480 --> 01:38:20,000
thing will prevent you from achieving
2914
01:38:20,000 --> 01:38:21,760
all of it, which is the only thing I'm
2915
01:38:21,760 --> 01:38:23,360
trying to conquer in this video is
2916
01:38:23,360 --> 01:38:24,800
getting you to not do the one wrong
2917
01:38:24,800 --> 01:38:28,239
path, which is fear. Fear of not making
2918
01:38:28,239 --> 01:38:30,880
it work. Fear of of other people's
2919
01:38:30,880 --> 01:38:33,520
disapproval who don't matter anyways.
2920
01:38:33,520 --> 01:38:36,560
That you aren't cool anymore or because
2921
01:38:36,560 --> 01:38:38,159
you don't show up to social events or
2922
01:38:38,159 --> 01:38:39,520
because you don't blow money on stuff
2923
01:38:39,520 --> 01:38:41,199
that doesn't matter anymore or you're
2924
01:38:41,199 --> 01:38:42,480
not wearing the brands that they think
2925
01:38:42,480 --> 01:38:45,760
are cool. Is all of that worth you for
2926
01:38:45,760 --> 01:38:47,920
the rest of your life having the
2927
01:38:47,920 --> 01:38:49,760
crushing feeling of mediocrity knowing
2928
01:38:49,760 --> 01:38:52,239
you could do more? And I say, and I can
2929
01:38:52,239 --> 01:38:54,239
describe this because I've lived it.
2930
01:38:54,239 --> 01:38:55,760
It's why I say it. I'm not saying that
2931
01:38:55,760 --> 01:38:57,119
that stuff's not going to happen. It
2932
01:38:57,119 --> 01:38:58,800
absolutely will happen. And it might
2933
01:38:58,800 --> 01:39:01,520
even be worse than you imagine. But you
2934
01:39:01,520 --> 01:39:04,639
will not die. And if you use the frame,
2935
01:39:04,639 --> 01:39:06,320
does me losing all of these
2936
01:39:06,320 --> 01:39:08,560
relationships and having more time
2937
01:39:08,560 --> 01:39:09,840
increase the likelihood that I get to my
2938
01:39:09,840 --> 01:39:11,040
goal or decrease the likelihood that I
2939
01:39:11,040 --> 01:39:13,360
get to my goal?
2940
01:39:13,360 --> 01:39:14,880
All of a sudden, when you use the goal
2941
01:39:14,880 --> 01:39:17,920
frame of the best version of you, all of
2942
01:39:17,920 --> 01:39:20,239
a sudden it starts to it starts to make
2943
01:39:20,239 --> 01:39:22,400
things a lot clearer. It's like, no, me
2944
01:39:22,400 --> 01:39:24,480
going to this bachelorette party does
2945
01:39:24,480 --> 01:39:25,840
not increase the likelihood to hit my
2946
01:39:25,840 --> 01:39:27,440
goals.
2947
01:39:27,440 --> 01:39:29,360
And I'm not saying that you have to to
2948
01:39:29,360 --> 01:39:31,760
make that sacrifice every time, but the
2949
01:39:31,760 --> 01:39:33,119
thing is is you're making a sacrifice
2950
01:39:33,119 --> 01:39:34,560
either way. You're either sacrificing
2951
01:39:34,560 --> 01:39:36,320
your goals or you're sacrificing that
2952
01:39:36,320 --> 01:39:38,480
relationship. And so some of you guys
2953
01:39:38,480 --> 01:39:40,400
are like, "Oh, Alex, that sounds
2954
01:39:40,400 --> 01:39:41,920
unbalanced." I'm going to get a couple,
2955
01:39:41,920 --> 01:39:43,920
you know, comments from uh the [ __ ]
2956
01:39:43,920 --> 01:39:45,600
online therapists of like, I think
2957
01:39:45,600 --> 01:39:47,440
emotional well-being and mental health
2958
01:39:47,440 --> 01:39:49,440
is super important. Well, first off, the
2959
01:39:49,440 --> 01:39:50,800
pendulum swinging back. No one gives a
2960
01:39:50,800 --> 01:39:52,159
[ __ ] about the soft stuff anymore. Thank
2961
01:39:52,159 --> 01:39:55,600
[ __ ] God. But at some point everyone
2962
01:39:55,600 --> 01:39:57,440
who wants to achieve great things
2963
01:39:57,440 --> 01:39:59,679
realizes that balance is a myth. And
2964
01:39:59,679 --> 01:40:01,679
once they realize that they become
2965
01:40:01,679 --> 01:40:04,239
someone who achieves great things. At
2966
01:40:04,239 --> 01:40:06,480
some point every person who wants to
2967
01:40:06,480 --> 01:40:08,960
achieve great things realizes that
2968
01:40:08,960 --> 01:40:11,840
balance is a myth. And once they realize
2969
01:40:11,840 --> 01:40:14,480
that they become someone who achieves
2970
01:40:14,480 --> 01:40:17,440
great things. And so there's this whole
2971
01:40:17,440 --> 01:40:19,520
misnomer this whole idea. Think about
2972
01:40:19,520 --> 01:40:21,760
what mediocrity is. It's about being in
2973
01:40:21,760 --> 01:40:23,040
the middle. It's the medium. That's
2974
01:40:23,040 --> 01:40:24,560
being right in the middle, right?
2975
01:40:24,560 --> 01:40:26,480
Balance.
2976
01:40:26,480 --> 01:40:29,280
But anybody who is imbalanced is another
2977
01:40:29,280 --> 01:40:32,480
way of saying more focused on the one
2978
01:40:32,480 --> 01:40:34,080
thing will be better at that thing than
2979
01:40:34,080 --> 01:40:35,920
you. And the question is just whether or
2980
01:40:35,920 --> 01:40:37,440
not that thing that they choose to be
2981
01:40:37,440 --> 01:40:38,719
better at will give them more leverage
2982
01:40:38,719 --> 01:40:41,440
over all that other stuff later.
2983
01:40:41,440 --> 01:40:44,560
And so if you work very hard and you
2984
01:40:44,560 --> 01:40:45,920
create something that's very valuable
2985
01:40:45,920 --> 01:40:47,840
for society, I promise you, you will be
2986
01:40:47,840 --> 01:40:50,000
able to find a hotter wife. I promise
2987
01:40:50,000 --> 01:40:51,280
you, you will have the money that you
2988
01:40:51,280 --> 01:40:52,880
want. I promise you, you can buy the
2989
01:40:52,880 --> 01:40:54,960
time that you want to have. You'll have
2990
01:40:54,960 --> 01:40:57,920
all of that at your disposal. But if you
2991
01:40:57,920 --> 01:40:59,280
choose the balanced life, there's
2992
01:40:59,280 --> 01:41:01,040
nothing wrong with that. I just see that
2993
01:41:01,040 --> 01:41:03,679
there's balance over a lifetime rather
2994
01:41:03,679 --> 01:41:06,560
than balance at every moment of life.
2995
01:41:06,560 --> 01:41:08,400
And so, you might have seasons like I
2996
01:41:08,400 --> 01:41:10,719
took basically a year off during the
2997
01:41:10,719 --> 01:41:12,000
last year of gym launch. I just didn't
2998
01:41:12,000 --> 01:41:14,320
really do a lot. So, I had more time
2999
01:41:14,320 --> 01:41:17,760
than anybody and money, right? But I had
3000
01:41:17,760 --> 01:41:19,040
seasons before that where I didn't take
3001
01:41:19,040 --> 01:41:20,639
any time off. And so I think if you
3002
01:41:20,639 --> 01:41:21,840
expand your time horizon for what
3003
01:41:21,840 --> 01:41:23,520
balance really means that this is a
3004
01:41:23,520 --> 01:41:26,400
softer way of explaining it. Uh then I
3005
01:41:26,400 --> 01:41:28,480
think that that will you know make you
3006
01:41:28,480 --> 01:41:30,880
sleep well at night. But real talk I
3007
01:41:30,880 --> 01:41:32,639
work all the time because I like to do
3008
01:41:32,639 --> 01:41:34,560
it. And I think that once you get a fast
3009
01:41:34,560 --> 01:41:36,080
feedback loop with the work that you
3010
01:41:36,080 --> 01:41:38,000
like that also propels your goals then
3011
01:41:38,000 --> 01:41:38,880
you're not going to want to do anything
3012
01:41:38,880 --> 01:41:41,199
else. And that's it's not like I or some
3013
01:41:41,199 --> 01:41:43,280
of the people that all right it's not
3014
01:41:43,280 --> 01:41:44,960
like the people that you look up to have
3015
01:41:44,960 --> 01:41:46,800
some sort of herculean work ethic or
3016
01:41:46,800 --> 01:41:48,400
discipline that you don't. They like
3017
01:41:48,400 --> 01:41:50,639
things that happen to also bring them
3018
01:41:50,639 --> 01:41:53,119
status. And that means that they went
3019
01:41:53,119 --> 01:41:54,480
through a small period where they
3020
01:41:54,480 --> 01:41:55,600
started doing that thing when they
3021
01:41:55,600 --> 01:41:56,800
weren't good at it and it didn't bring
3022
01:41:56,800 --> 01:41:58,080
them status, but they were able to make
3023
01:41:58,080 --> 01:41:59,840
it through that bridge until eventually
3024
01:41:59,840 --> 01:42:01,199
did start working and did bring them
3025
01:42:01,199 --> 01:42:03,520
status and then they just kept going. So
3026
01:42:03,520 --> 01:42:06,800
you just need enough gusto to start and
3027
01:42:06,800 --> 01:42:08,560
just get through that period to just get
3028
01:42:08,560 --> 01:42:10,159
through your friends saying you suck for
3029
01:42:10,159 --> 01:42:11,920
a little bit. And everything you start
3030
01:42:11,920 --> 01:42:13,600
will not be fun because you'll suck. But
3031
01:42:13,600 --> 01:42:16,480
getting good is fun. Getting better is
3032
01:42:16,480 --> 01:42:18,880
fun. And so I get excited a lot of times
3033
01:42:18,880 --> 01:42:20,320
when I see how bad I am at something
3034
01:42:20,320 --> 01:42:21,679
that's new because I have enough
3035
01:42:21,679 --> 01:42:23,440
generalized reinforcement for learning
3036
01:42:23,440 --> 01:42:25,679
how to get better at things that you
3037
01:42:25,679 --> 01:42:27,760
learn the skill of getting better. Like
3038
01:42:27,760 --> 01:42:29,360
that's a meta skill. You learn how to
3039
01:42:29,360 --> 01:42:30,800
learn. And so just see it as an
3040
01:42:30,800 --> 01:42:31,920
opportunity to learn how to do anything
3041
01:42:31,920 --> 01:42:33,440
better. So if you have a first thing,
3042
01:42:33,440 --> 01:42:34,639
then that's the first thing that you get
3043
01:42:34,639 --> 01:42:35,760
better at. And then you'll learn the
3044
01:42:35,760 --> 01:42:36,719
skill of getting better and you can
3045
01:42:36,719 --> 01:42:37,679
apply it all over the place. So, if
3046
01:42:37,679 --> 01:42:39,040
you're a business owner and you'd like
3047
01:42:39,040 --> 01:42:40,480
to scale, I'd like to invite you out to
3048
01:42:40,480 --> 01:42:42,320
my headquarters for one of our scaling
3049
01:42:42,320 --> 01:42:44,239
workshops where we help identify and
3050
01:42:44,239 --> 01:42:46,159
solve your number one constraint so you
3051
01:42:46,159 --> 01:42:48,000
can start the year with lots of
3052
01:42:48,000 --> 01:42:49,520
momentum. And so, if that sounds at all
3053
01:42:49,520 --> 01:42:50,960
interesting, click the link below, book
3054
01:42:50,960 --> 01:42:52,480
a call with my team, and if you're a
3055
01:42:52,480 --> 01:42:53,760
fit, we'd love to see out of it. Some of
3056
01:42:53,760 --> 01:42:54,800
you guys are listening to this and
3057
01:42:54,800 --> 01:42:57,199
you're like, "Okay, you know, this is
3058
01:42:57,199 --> 01:42:58,639
great. I'm feeling awesome." The thing
3059
01:42:58,639 --> 01:43:01,840
is is that people, maybe it's you, are
3060
01:43:01,840 --> 01:43:03,920
waiting for this perfect moment, but it
3061
01:43:03,920 --> 01:43:06,480
doesn't come right. It happens the
3062
01:43:06,480 --> 01:43:08,000
moment you decide that you're fed up
3063
01:43:08,000 --> 01:43:10,239
with waiting and decide to take action.
3064
01:43:10,239 --> 01:43:12,159
And it only becomes the perfect moment
3065
01:43:12,159 --> 01:43:14,480
when you look back on it because today
3066
01:43:14,480 --> 01:43:16,159
it just looks like now. I had a
3067
01:43:16,159 --> 01:43:17,920
conversation with a young man yesterday
3068
01:43:17,920 --> 01:43:22,639
who said, "Listen, I have demons."
3069
01:43:22,639 --> 01:43:25,679
And I was like, "Bro, you don't have
3070
01:43:25,679 --> 01:43:28,000
[ __ ] demons." I was like, "Shut up."
3071
01:43:28,000 --> 01:43:30,400
And he was like, I was like, "The thing
3072
01:43:30,400 --> 01:43:32,400
is And I I was so visceral with my
3073
01:43:32,400 --> 01:43:33,920
reaction because I used to say that kind
3074
01:43:33,920 --> 01:43:35,440
of stuff because I thought it made me
3075
01:43:35,440 --> 01:43:37,119
hard. I thought it made me complex. I
3076
01:43:37,119 --> 01:43:39,679
thought it made mysterious. But it's you
3077
01:43:39,679 --> 01:43:40,960
don't have demons. You're not
3078
01:43:40,960 --> 01:43:43,199
self-sabotaging. You don't have mom or
3079
01:43:43,199 --> 01:43:46,239
dad issues. What you have is a lack of
3080
01:43:46,239 --> 01:43:48,560
skills in how to behave in a certain
3081
01:43:48,560 --> 01:43:50,960
condition. So when you say you have
3082
01:43:50,960 --> 01:43:52,800
demons, what it really means if I say,
3083
01:43:52,800 --> 01:43:55,440
okay, what do you mean by that? Define
3084
01:43:55,440 --> 01:43:57,360
that. How do what is define having
3085
01:43:57,360 --> 01:44:00,080
demons? Right? What I don't most people
3086
01:44:00,080 --> 01:44:01,360
say that they don't mean they actually
3087
01:44:01,360 --> 01:44:02,560
think they have spiritual demons inside
3088
01:44:02,560 --> 01:44:03,600
of them. I'm not even going to touch
3089
01:44:03,600 --> 01:44:06,000
that. What they really mean is that
3090
01:44:06,000 --> 01:44:08,159
under these conditions I behave a way
3091
01:44:08,159 --> 01:44:10,159
that is not ideal. And so what that
3092
01:44:10,159 --> 01:44:12,639
means is you have a skill deficiency. No
3093
01:44:12,639 --> 01:44:14,960
[ __ ] You're inexperienced. Of course
3094
01:44:14,960 --> 01:44:16,560
you have a skill deficiency. You don't
3095
01:44:16,560 --> 01:44:17,840
have demons. You don't know how to be
3096
01:44:17,840 --> 01:44:19,360
consistent.
3097
01:44:19,360 --> 01:44:21,280
You're not you don't have I I just can't
3098
01:44:21,280 --> 01:44:22,960
stay with anybody for a long time. No.
3099
01:44:22,960 --> 01:44:23,920
It either means you have really high
3100
01:44:23,920 --> 01:44:25,280
standards, which is fine, and you
3101
01:44:25,280 --> 01:44:27,600
haven't met that person yet, or you just
3102
01:44:27,600 --> 01:44:29,840
don't know how to behave consistently.
3103
01:44:29,840 --> 01:44:31,360
It's like when I have a sales guy who's
3104
01:44:31,360 --> 01:44:33,280
like, "Hey, you know, I'm 30 days into
3105
01:44:33,280 --> 01:44:34,639
this role and I'm getting I'm getting
3106
01:44:34,639 --> 01:44:36,159
kind of bored taking sales calls." I'm
3107
01:44:36,159 --> 01:44:38,880
like, "Oh, your ability to not be able
3108
01:44:38,880 --> 01:44:42,400
to continue after something gets boring
3109
01:44:42,400 --> 01:44:45,040
and learn to love the incremental
3110
01:44:45,040 --> 01:44:47,520
improvements, the hundred or thousand
3111
01:44:47,520 --> 01:44:50,080
repetitions is the skill discrepancy
3112
01:44:50,080 --> 01:44:52,719
that you need to overcome. The best
3113
01:44:52,719 --> 01:44:54,480
salespeople,
3114
01:44:54,480 --> 01:44:57,040
bad salespeople try and have a couple
3115
01:44:57,040 --> 01:45:00,080
good days. Good salespeople get on hot
3116
01:45:00,080 --> 01:45:02,719
streaks. Great salespeople never get
3117
01:45:02,719 --> 01:45:04,880
cold. And so that takes discipline to
3118
01:45:04,880 --> 01:45:06,719
understand how to consistently get
3119
01:45:06,719 --> 01:45:09,440
yourself hot, how to consistently treat
3120
01:45:09,440 --> 01:45:11,920
every sale the same way you do when
3121
01:45:11,920 --> 01:45:14,639
you're on fire. Because there is no
3122
01:45:14,639 --> 01:45:16,480
being on fire. It means you simply
3123
01:45:16,480 --> 01:45:18,560
behave differently. It's not like you
3124
01:45:18,560 --> 01:45:21,040
have magic. You you pause differently.
3125
01:45:21,040 --> 01:45:23,119
You take longer spaces, you ask the
3126
01:45:23,119 --> 01:45:25,199
question, your tonality shifts. And
3127
01:45:25,199 --> 01:45:27,199
those are skills because you can learn
3128
01:45:27,199 --> 01:45:30,560
them. And so this whole thing of like,
3129
01:45:30,560 --> 01:45:32,719
this is this young man, I'm traumatized.
3130
01:45:32,719 --> 01:45:34,000
First off, you don't even know a [ __ ]
3131
01:45:34,000 --> 01:45:36,080
definition of trauma. All right? Trauma
3132
01:45:36,080 --> 01:45:38,000
is a permanent change in behavior from
3133
01:45:38,000 --> 01:45:40,080
an aversive stimulus, meaning something
3134
01:45:40,080 --> 01:45:42,960
bad happens and forever it changes how
3135
01:45:42,960 --> 01:45:45,520
you act. Now, let's if we understand
3136
01:45:45,520 --> 01:45:48,159
that as the definition of trauma, is
3137
01:45:48,159 --> 01:45:51,040
trauma bad? Well, if I touch a stove and
3138
01:45:51,040 --> 01:45:52,480
then I never touch a stove again when
3139
01:45:52,480 --> 01:45:54,880
it's hot, is that trauma bad? It
3140
01:45:54,880 --> 01:45:56,159
permanently changed my behavior from an
3141
01:45:56,159 --> 01:45:58,960
aversive stimulus. Is that trauma bad?
3142
01:45:58,960 --> 01:46:00,880
Well, it prevented me from get burning
3143
01:46:00,880 --> 01:46:02,080
the house down from, you know,
3144
01:46:02,080 --> 01:46:03,360
permanently damaging my hand in the
3145
01:46:03,360 --> 01:46:05,440
future. No, I would say it was good. And
3146
01:46:05,440 --> 01:46:07,920
so this whole appraisal of your past
3147
01:46:07,920 --> 01:46:10,480
being tough or you don't understand,
3148
01:46:10,480 --> 01:46:12,560
bro. No. And no one cares either. They
3149
01:46:12,560 --> 01:46:14,560
don't understand, nor do they care. And
3150
01:46:14,560 --> 01:46:16,480
so all anyone is going to care about is
3151
01:46:16,480 --> 01:46:19,440
how you act, how you behave, what you do
3152
01:46:19,440 --> 01:46:21,920
based on a series of conditions. And so
3153
01:46:21,920 --> 01:46:24,320
you just need to expose yourself to the
3154
01:46:24,320 --> 01:46:25,679
conditions so that you can get the
3155
01:46:25,679 --> 01:46:27,280
repetition so that you can learn how to
3156
01:46:27,280 --> 01:46:28,800
overcome it. The thing that determines
3157
01:46:28,800 --> 01:46:30,320
whether it's good or bad is whether it
3158
01:46:30,320 --> 01:46:31,840
creates a behavior that's conducive to
3159
01:46:31,840 --> 01:46:34,000
your goals. And so that means that
3160
01:46:34,000 --> 01:46:35,440
fundamentally you can have a stimulus
3161
01:46:35,440 --> 01:46:37,760
like touching the stove that creates a
3162
01:46:37,760 --> 01:46:39,360
behavior that is conducive to the goal.
3163
01:46:39,360 --> 01:46:43,040
In that way, trauma was good. So, by the
3164
01:46:43,040 --> 01:46:45,199
way, parents, when you punish a child,
3165
01:46:45,199 --> 01:46:46,800
the hope is that you traumatize them. Is
3166
01:46:46,800 --> 01:46:47,760
that you permanently change their
3167
01:46:47,760 --> 01:46:50,000
behavior from an aversive stimulus? It's
3168
01:46:50,000 --> 01:46:51,280
just that people don't define words and
3169
01:46:51,280 --> 01:46:52,239
they just shout them all over the place.
3170
01:46:52,239 --> 01:46:53,679
Say, say it's stored in your body. It's
3171
01:46:53,679 --> 01:46:54,880
energy. It's like, no one even knows
3172
01:46:54,880 --> 01:46:57,040
what the [ __ ] that means. Show me on
3173
01:46:57,040 --> 01:46:59,040
someone's body where it's stored. Do me
3174
01:46:59,040 --> 01:47:00,880
an X-ray. Show me where this No. Come
3175
01:47:00,880 --> 01:47:02,800
on. Like, you're saying you're you
3176
01:47:02,800 --> 01:47:04,960
you're storing your emotional trauma
3177
01:47:04,960 --> 01:47:08,320
from your father and your liver.
3178
01:47:08,320 --> 01:47:10,159
Like I can just say words and make
3179
01:47:10,159 --> 01:47:11,600
things up and get people to not if I say
3180
01:47:11,600 --> 01:47:13,920
them with conviction. It doesn't make.
3181
01:47:13,920 --> 01:47:16,800
And so you may have been fooled because
3182
01:47:16,800 --> 01:47:18,960
sometimes it's more convenient to say
3183
01:47:18,960 --> 01:47:20,800
you can cast your power onto this thing
3184
01:47:20,800 --> 01:47:22,159
that happened that was outside of your
3185
01:47:22,159 --> 01:47:23,679
control as the reason why you can't be
3186
01:47:23,679 --> 01:47:26,320
successful because it's easier to say
3187
01:47:26,320 --> 01:47:29,360
that than to say that I chose not to do
3188
01:47:29,360 --> 01:47:31,600
anything about it anyways.
3189
01:47:31,600 --> 01:47:33,040
And again, listen, you can do whatever
3190
01:47:33,040 --> 01:47:34,639
you want. You can just keep wallowing in
3191
01:47:34,639 --> 01:47:35,840
that. You can keep saying that that's
3192
01:47:35,840 --> 01:47:37,280
the reason. And wherever you point is
3193
01:47:37,280 --> 01:47:39,360
where your power is, right? But the only
3194
01:47:39,360 --> 01:47:40,560
time that you'll have more power is if
3195
01:47:40,560 --> 01:47:43,199
you say it's on you. Period. Because all
3196
01:47:43,199 --> 01:47:44,480
of those things may have happened and
3197
01:47:44,480 --> 01:47:47,280
they may have all been terrible. And
3198
01:47:47,280 --> 01:47:48,719
what are you going to do about it,
3199
01:47:48,719 --> 01:47:51,280
right? Because the only per like no one
3200
01:47:51,280 --> 01:47:54,159
cares. Like the world doesn't care. You
3201
01:47:54,159 --> 01:47:55,920
care, which is fine, but like no one
3202
01:47:55,920 --> 01:47:58,320
else does. And the sooner you realize
3203
01:47:58,320 --> 01:47:59,360
that, the sooner you can start doing
3204
01:47:59,360 --> 01:48:02,960
something about it. And so also think
3205
01:48:02,960 --> 01:48:06,000
about this. It's the equal opposite. If
3206
01:48:06,000 --> 01:48:09,280
trauma can create good things, then also
3207
01:48:09,280 --> 01:48:11,440
means that good things can create bad
3208
01:48:11,440 --> 01:48:14,800
behaviors. And so if you win the lottery
3209
01:48:14,800 --> 01:48:15,920
and then you have all these behaviors
3210
01:48:15,920 --> 01:48:17,280
that happen afterwards that are
3211
01:48:17,280 --> 01:48:20,560
negative, then was it good for you? Like
3212
01:48:20,560 --> 01:48:22,000
we talk about these rich and privileged
3213
01:48:22,000 --> 01:48:23,280
kids because it creates behaviors that
3214
01:48:23,280 --> 01:48:24,639
people that actually make it less likely
3215
01:48:24,639 --> 01:48:28,000
they achieve things later. And so just
3216
01:48:28,000 --> 01:48:30,080
think about what occurred and what
3217
01:48:30,080 --> 01:48:32,000
behaviors you take as a result and
3218
01:48:32,000 --> 01:48:33,679
separate good or bad from it. And just
3219
01:48:33,679 --> 01:48:34,960
think, does it make it more likely that
3220
01:48:34,960 --> 01:48:37,119
I hit my goals?
3221
01:48:37,119 --> 01:48:40,000
It makes life a lot easier. And then it
3222
01:48:40,000 --> 01:48:42,880
stops you from speaking in voodoo and
3223
01:48:42,880 --> 01:48:44,719
speaking and appealing to mysticism and
3224
01:48:44,719 --> 01:48:47,600
magic. Like there's this this force
3225
01:48:47,600 --> 01:48:49,679
around I have demons. It's like, dude,
3226
01:48:49,679 --> 01:48:52,159
no. Like you had a girl who cheated on
3227
01:48:52,159 --> 01:48:54,400
you. Okay. Now, what does that change
3228
01:48:54,400 --> 01:48:55,760
about your behavior? I have trust
3229
01:48:55,760 --> 01:48:58,000
issues. No, it just means that under
3230
01:48:58,000 --> 01:49:02,719
these conditions, you are slower to give
3231
01:49:02,719 --> 01:49:05,440
someone access to your bank account or
3232
01:49:05,440 --> 01:49:08,080
slower to move in with someone, who
3233
01:49:08,080 --> 01:49:10,560
cares? And is that a bad thing? And so,
3234
01:49:10,560 --> 01:49:11,840
I'll walk you through a three-step
3235
01:49:11,840 --> 01:49:14,080
framework that has been unbelievably
3236
01:49:14,080 --> 01:49:15,600
valuable to me. And this is from Dr.
3237
01:49:15,600 --> 01:49:20,560
Cashy. Logic, evidence, utility.
3238
01:49:20,560 --> 01:49:23,119
Logic is what does that mean? So, you
3239
01:49:23,119 --> 01:49:25,920
have demons. Okay. What does that mean?
3240
01:49:25,920 --> 01:49:27,679
Define it in terms of behavior. What
3241
01:49:27,679 --> 01:49:30,400
does that mean? Okay, got it. Now, how
3242
01:49:30,400 --> 01:49:33,600
do you know that evidence? So, you say,
3243
01:49:33,600 --> 01:49:35,679
"I have demons." We unpack that and it
3244
01:49:35,679 --> 01:49:38,880
means that uh for you, you
3245
01:49:38,880 --> 01:49:41,679
self-sabotage, which again, define that.
3246
01:49:41,679 --> 01:49:43,840
Okay? It means that I show up late to
3247
01:49:43,840 --> 01:49:47,040
meetings after I get into a job after
3248
01:49:47,040 --> 01:49:49,280
two months of being on time. Okay? So
3249
01:49:49,280 --> 01:49:50,880
after two months of being on time, you
3250
01:49:50,880 --> 01:49:53,600
start being late to stuff that we
3251
01:49:53,600 --> 01:49:56,080
translated from I have demons to I
3252
01:49:56,080 --> 01:49:58,480
self-sabotage to that is the behavior
3253
01:49:58,480 --> 01:50:01,199
that occurs. Got it? Now I would say how
3254
01:50:01,199 --> 01:50:03,119
do you know that? Now a lot of times
3255
01:50:03,119 --> 01:50:04,800
people are like well it's happened. But
3256
01:50:04,800 --> 01:50:06,159
when you actually look at it like it
3257
01:50:06,159 --> 01:50:08,080
happened three times over in, you know,
3258
01:50:08,080 --> 01:50:12,159
in my my last job. Okay. Is it really a
3259
01:50:12,159 --> 01:50:14,080
a problem as you define it or it
3260
01:50:14,080 --> 01:50:16,400
happened in those three occurrences?
3261
01:50:16,400 --> 01:50:18,880
Okay, got it. So now you know now most
3262
01:50:18,880 --> 01:50:20,000
times people are like I don't have any
3263
01:50:20,000 --> 01:50:21,360
data and you're like okay so then this
3264
01:50:21,360 --> 01:50:23,440
is basically made up and when I say made
3265
01:50:23,440 --> 01:50:25,040
up I'm not saying it's like you are a
3266
01:50:25,040 --> 01:50:26,880
liar. I'm just saying that humans work
3267
01:50:26,880 --> 01:50:28,320
in narratives and a lot of times we add
3268
01:50:28,320 --> 01:50:30,639
narratives stories to things that don't
3269
01:50:30,639 --> 01:50:33,119
actually mean anything but it's
3270
01:50:33,119 --> 01:50:34,560
convenient and it's fun and we like
3271
01:50:34,560 --> 01:50:35,679
talking about it but it doesn't mean
3272
01:50:35,679 --> 01:50:37,840
it's true. And so then you move to the
3273
01:50:37,840 --> 01:50:40,639
third one which is and so what utility
3274
01:50:40,639 --> 01:50:43,600
who cares why does this matter? And so
3275
01:50:43,600 --> 01:50:45,520
then you say, "Okay, well this matters
3276
01:50:45,520 --> 01:50:47,040
because it decreases the likelihood that
3277
01:50:47,040 --> 01:50:48,400
I will be able to retain future
3278
01:50:48,400 --> 01:50:50,960
employment." Fine. Then what do we do
3279
01:50:50,960 --> 01:50:53,440
about it? And so you can walk through
3280
01:50:53,440 --> 01:50:55,119
things that you have struggled with in
3281
01:50:55,119 --> 01:50:56,960
the past with simply saying, "Let me
3282
01:50:56,960 --> 01:50:59,119
define this in terms of behavior. How
3283
01:50:59,119 --> 01:51:00,480
what evidence do I have that this is
3284
01:51:00,480 --> 01:51:01,840
actually true that that I've defined it
3285
01:51:01,840 --> 01:51:05,679
based on these things?" And who cares?
3286
01:51:05,679 --> 01:51:07,119
I have demons in the kitchen. All right.
3287
01:51:07,119 --> 01:51:09,600
Just as a completely ridiculous example.
3288
01:51:09,600 --> 01:51:12,639
Okay. Well, in my past, I I've had bad
3289
01:51:12,639 --> 01:51:15,280
things happen, bro. Like, what? Like,
3290
01:51:15,280 --> 01:51:17,920
what occurred? I touched the stove and
3291
01:51:17,920 --> 01:51:21,199
it burned me. Okay, great. Now, we have
3292
01:51:21,199 --> 01:51:23,920
some evidence-wise. How many times did
3293
01:51:23,920 --> 01:51:26,000
it happen? One time. Okay. And it never
3294
01:51:26,000 --> 01:51:27,520
happened again in the future. Okay. What
3295
01:51:27,520 --> 01:51:28,880
did that result in? I don't go into
3296
01:51:28,880 --> 01:51:31,920
kitchens anymore. Okay. Now, this is
3297
01:51:31,920 --> 01:51:33,679
good or bad. When you say, "Who cares?"
3298
01:51:33,679 --> 01:51:37,199
It's in relation to what? My goals. Does
3299
01:51:37,199 --> 01:51:38,880
you not going into the kitchen prevent
3300
01:51:38,880 --> 01:51:40,639
you from achieving your goals? Well, if
3301
01:51:40,639 --> 01:51:42,880
you want to be a chef, yes. If you want
3302
01:51:42,880 --> 01:51:44,639
to be an entrepreneur, no. If you want
3303
01:51:44,639 --> 01:51:46,560
to be a kitchen entrepreneur, probably,
3304
01:51:46,560 --> 01:51:48,320
right? And so, the question is just who
3305
01:51:48,320 --> 01:51:50,480
cares? Why does it matter? And so, so
3306
01:51:50,480 --> 01:51:53,840
much of our time and effort goes into
3307
01:51:53,840 --> 01:51:56,639
explaining things to people that don't
3308
01:51:56,639 --> 01:51:58,239
matter at all that you could literally
3309
01:51:58,239 --> 01:52:00,719
just move on from and just literally
3310
01:52:00,719 --> 01:52:02,719
forget about. You could get over that
3311
01:52:02,719 --> 01:52:04,639
quote trauma by changing the behavior
3312
01:52:04,639 --> 01:52:07,119
that it changed aversively. So in this
3313
01:52:07,119 --> 01:52:08,719
context or in this condition, I behave
3314
01:52:08,719 --> 01:52:10,159
this way and it's not conducive to my
3315
01:52:10,159 --> 01:52:11,920
goals. Great. That's good that you've
3316
01:52:11,920 --> 01:52:13,440
identified it. Cool. So what do we need
3317
01:52:13,440 --> 01:52:14,639
to do so that when you're in the
3318
01:52:14,639 --> 01:52:16,000
condition, how can we increase the
3319
01:52:16,000 --> 01:52:17,360
likelihood that you do act the way that
3320
01:52:17,360 --> 01:52:18,960
you want to? And then you start stacking
3321
01:52:18,960 --> 01:52:21,280
the deck to start shifting the pendulum
3322
01:52:21,280 --> 01:52:23,520
in your favor. And you start attacking
3323
01:52:23,520 --> 01:52:24,880
each of these little problems from
3324
01:52:24,880 --> 01:52:26,080
skills that you have, whether it's
3325
01:52:26,080 --> 01:52:28,000
behavior with people or it's skills at
3326
01:52:28,000 --> 01:52:29,599
work or with a relationship. And you
3327
01:52:29,599 --> 01:52:31,280
just do it one by one by one. And if you
3328
01:52:31,280 --> 01:52:32,719
do it over a very long period of time,
3329
01:52:32,719 --> 01:52:34,320
you get better. I promise you. And I'm
3330
01:52:34,320 --> 01:52:36,560
saying this to somebody who I struggled
3331
01:52:36,560 --> 01:52:38,480
with my demons. You don't understand,
3332
01:52:38,480 --> 01:52:42,560
bro. Like, I have stuff. Like, okay,
3333
01:52:42,560 --> 01:52:45,119
but it doesn't help you. And it also
3334
01:52:45,119 --> 01:52:48,320
doesn't make you look harder.
3335
01:52:48,320 --> 01:52:51,440
It just makes you less capable.
3336
01:52:51,440 --> 01:52:53,840
Losers talk about what happened to them.
3337
01:52:53,840 --> 01:52:56,000
Winners talk about what they made happen
3338
01:52:56,000 --> 01:52:59,760
despite it. Hardship is a reality for
3339
01:52:59,760 --> 01:53:02,800
losers. to winners. Hardship is just
3340
01:53:02,800 --> 01:53:05,119
your origin story. And like I promise
3341
01:53:05,119 --> 01:53:06,800
you, if you can use this frame, like I
3342
01:53:06,800 --> 01:53:07,920
was texting Leila the other day, like
3343
01:53:07,920 --> 01:53:09,119
the bigger the monster, the more epic
3344
01:53:09,119 --> 01:53:10,800
the hero. It's the story that you're
3345
01:53:10,800 --> 01:53:12,719
going to someday tell. When you're 85,
3346
01:53:12,719 --> 01:53:14,880
you're not going to want more boring
3347
01:53:14,880 --> 01:53:17,280
stories, right? The idea is that if
3348
01:53:17,280 --> 01:53:18,400
you're going through hardship now,
3349
01:53:18,400 --> 01:53:19,360
that's the story that you're going to
3350
01:53:19,360 --> 01:53:20,880
tell. And if you believe yourself to be
3351
01:53:20,880 --> 01:53:22,080
the hero that you want to someday
3352
01:53:22,080 --> 01:53:24,080
become, then the harder it is, you're
3353
01:53:24,080 --> 01:53:26,000
like, "Bring it. This is my story. This
3354
01:53:26,000 --> 01:53:27,520
is the Spider-Man getting bitten. This
3355
01:53:27,520 --> 01:53:29,040
is him getting beat up by the bullies.
3356
01:53:29,040 --> 01:53:31,280
This is the origin story. No one cares
3357
01:53:31,280 --> 01:53:33,360
about a hero who never had it hard. I
3358
01:53:33,360 --> 01:53:35,440
bought a lottery ticket years and years
3359
01:53:35,440 --> 01:53:37,440
and years ago when I was in college
3360
01:53:37,440 --> 01:53:39,840
because it was like a a billion or
3361
01:53:39,840 --> 01:53:41,199
something like that back back then that
3362
01:53:41,199 --> 01:53:42,320
was when a billion dollars meant
3363
01:53:42,320 --> 01:53:45,280
something. Um
3364
01:53:45,280 --> 01:53:47,920
but I was in college and the and my
3365
01:53:47,920 --> 01:53:49,920
girlfriend at the time I was talking to
3366
01:53:49,920 --> 01:53:51,840
her and the drawing was that we bought
3367
01:53:51,840 --> 01:53:53,040
them for fun. We bought one ticket. I
3368
01:53:53,040 --> 01:53:54,080
wasn't expecting to win, but it was just
3369
01:53:54,080 --> 01:53:55,520
a it basically I was buying her for the
3370
01:53:55,520 --> 01:53:57,840
conversation. And I thought about it as
3371
01:53:57,840 --> 01:53:59,119
like the drawing got closer and I
3372
01:53:59,119 --> 01:54:00,639
realized I had this big pang of anxiety
3373
01:54:00,639 --> 01:54:03,599
because I was like, "What if I win?" And
3374
01:54:03,599 --> 01:54:06,000
I had this moment of terror because I
3375
01:54:06,000 --> 01:54:07,599
realized that if I won that I would
3376
01:54:07,599 --> 01:54:09,360
never be able to achieve anything that
3377
01:54:09,360 --> 01:54:12,080
anyone thought was my own.
3378
01:54:12,080 --> 01:54:15,760
And that thought terrified me. And
3379
01:54:15,760 --> 01:54:17,599
thankfully I didn't win the billion
3380
01:54:17,599 --> 01:54:19,440
dollars. Um, and I got to make the life
3381
01:54:19,440 --> 01:54:21,679
that I have. And so I think that I think
3382
01:54:21,679 --> 01:54:23,679
Epictitus says this, but it's something
3383
01:54:23,679 --> 01:54:25,840
to the degree of what a shame it would
3384
01:54:25,840 --> 01:54:27,920
be for someone to never encounter
3385
01:54:27,920 --> 01:54:29,119
hardship because they would never be
3386
01:54:29,119 --> 01:54:31,360
able to see who they are.
3387
01:54:31,360 --> 01:54:33,520
And so I think that if you have gone
3388
01:54:33,520 --> 01:54:35,040
through hardship or you are going
3389
01:54:35,040 --> 01:54:37,040
through hardship, this is the
3390
01:54:37,040 --> 01:54:39,360
opportunity to prove to yourself, not
3391
01:54:39,360 --> 01:54:41,920
anyone else, that you are who you say
3392
01:54:41,920 --> 01:54:44,159
you are and you are made of what you say
3393
01:54:44,159 --> 01:54:47,040
you are made of. And you can choose
3394
01:54:47,040 --> 01:54:50,000
to allow that hardship to make you
3395
01:54:50,000 --> 01:54:52,639
harder, to make you more resilient, to
3396
01:54:52,639 --> 01:54:54,000
make you more persistent, to make you
3397
01:54:54,000 --> 01:54:55,920
more relentless, to make you more driven
3398
01:54:55,920 --> 01:54:58,080
towards whatever you want to do or
3399
01:54:58,080 --> 01:55:00,560
whoever you want to be. Or you can allow
3400
01:55:00,560 --> 01:55:02,800
it to be an ankle weight. You can allow
3401
01:55:02,800 --> 01:55:05,599
it to be your trauma, right? That is
3402
01:55:05,599 --> 01:55:07,599
your demon that you're fighting every
3403
01:55:07,599 --> 01:55:10,239
day. But the thing is is like everyone
3404
01:55:10,239 --> 01:55:13,920
has demons. Everyone has hard [ __ ] And
3405
01:55:13,920 --> 01:55:15,599
I want to tell you this frame that'll
3406
01:55:15,599 --> 01:55:17,760
hopefully change someone's perspective,
3407
01:55:17,760 --> 01:55:20,639
which is that your hard stuff may have
3408
01:55:20,639 --> 01:55:22,480
been harder than other people's hard
3409
01:55:22,480 --> 01:55:24,639
stuff, but if I take a human being who
3410
01:55:24,639 --> 01:55:26,400
has never encountered anything and then
3411
01:55:26,400 --> 01:55:28,239
I poke them with a needle, that will be
3412
01:55:28,239 --> 01:55:30,960
a 10 out of 10 hardship for them. And so
3413
01:55:30,960 --> 01:55:33,760
I believe personally that humans
3414
01:55:33,760 --> 01:55:36,480
experience pain the same way. It's why
3415
01:55:36,480 --> 01:55:39,679
when a man feels disrespected, it hurts
3416
01:55:39,679 --> 01:55:42,719
just as much as someone else going
3417
01:55:42,719 --> 01:55:44,800
through another crazy hardship. And you
3418
01:55:44,800 --> 01:55:47,280
know what? Even if that guy's white, a
3419
01:55:47,280 --> 01:55:49,679
10 out of 10 pain still feels like a 10
3420
01:55:49,679 --> 01:55:52,239
out of 10 pain. Now, could that pain be
3421
01:55:52,239 --> 01:55:54,320
less on the absolute scale of worst
3422
01:55:54,320 --> 01:55:58,960
scenario? Yeah, it could be. But also,
3423
01:55:58,960 --> 01:56:00,800
who cares?
3424
01:56:00,800 --> 01:56:02,480
And so my point here is that every
3425
01:56:02,480 --> 01:56:03,920
single human being on earth has gone
3426
01:56:03,920 --> 01:56:05,280
through their version of 10 out of 10
3427
01:56:05,280 --> 01:56:07,440
pain which normalizes pain across the
3428
01:56:07,440 --> 01:56:09,199
spectrum which then leaves you with the
3429
01:56:09,199 --> 01:56:10,639
only natural thing you have left which
3430
01:56:10,639 --> 01:56:12,560
is what do I do now? And if you wanted
3431
01:56:12,560 --> 01:56:14,480
to design the perfect version of you,
3432
01:56:14,480 --> 01:56:16,880
the savage competitor, the gladiator at
3433
01:56:16,880 --> 01:56:18,400
the end of the life that has the scars
3434
01:56:18,400 --> 01:56:20,320
and the scraggly beard but has been
3435
01:56:20,320 --> 01:56:22,159
through [ __ ] and has done things and has
3436
01:56:22,159 --> 01:56:24,639
and has realized their potential. What
3437
01:56:24,639 --> 01:56:26,480
would you do to maximize the likelihood
3438
01:56:26,480 --> 01:56:30,560
that you become that savage hero? Would
3439
01:56:30,560 --> 01:56:32,159
you give them the padded lifestyle?
3440
01:56:32,159 --> 01:56:33,920
Would you give them the immediate win?
3441
01:56:33,920 --> 01:56:36,480
Would you give them the easy life?
3442
01:56:36,480 --> 01:56:39,599
Probably not. You would probably put you
3443
01:56:39,599 --> 01:56:41,679
through what you're going through right
3444
01:56:41,679 --> 01:56:44,880
now to become that person. And so, why
3445
01:56:44,880 --> 01:56:46,960
would you resent the chapter you're in?
3446
01:56:46,960 --> 01:56:48,639
Because it's a requirement for becoming
3447
01:56:48,639 --> 01:56:50,800
who you say you want to be. Let's say
3448
01:56:50,800 --> 01:56:52,639
you've gotten over your little demon
3449
01:56:52,639 --> 01:56:54,080
thing. And when I say gotten over, you
3450
01:56:54,080 --> 01:56:55,920
just stop giving it power by saying it
3451
01:56:55,920 --> 01:56:57,679
now is the reason that you can't be
3452
01:56:57,679 --> 01:56:59,760
successful. Awesome. So, what do you do
3453
01:56:59,760 --> 01:57:01,440
now? Right? So, you got to start
3454
01:57:01,440 --> 01:57:03,360
figuring things out. And that figure it
3455
01:57:03,360 --> 01:57:04,800
out muscle is probably the most powerful
3456
01:57:04,800 --> 01:57:05,920
muscle you can build. It's just saying,
3457
01:57:05,920 --> 01:57:07,280
"Oh, I don't know how to do this. I will
3458
01:57:07,280 --> 01:57:08,400
figure it out." Why? Because I figured
3459
01:57:08,400 --> 01:57:09,440
out things in the past and I can do it
3460
01:57:09,440 --> 01:57:10,480
again. And if that person can do it and
3461
01:57:10,480 --> 01:57:11,520
they're no smarter than I am, they have
3462
01:57:11,520 --> 01:57:13,599
two hands in a brain. I can do it, too.
3463
01:57:13,599 --> 01:57:15,440
So, the next time that you say you can't
3464
01:57:15,440 --> 01:57:17,440
figure something out, just set a timer
3465
01:57:17,440 --> 01:57:19,440
for 20 hours and actually try for 20
3466
01:57:19,440 --> 01:57:22,080
hours before you quit. What you'll often
3467
01:57:22,080 --> 01:57:23,760
realize is it's not hard. You just
3468
01:57:23,760 --> 01:57:24,960
haven't even tried yet. If you can
3469
01:57:24,960 --> 01:57:26,800
shrink the time between saying you want
3470
01:57:26,800 --> 01:57:28,400
to learn something and beginning to try
3471
01:57:28,400 --> 01:57:30,880
the thing and extend the time before you
3472
01:57:30,880 --> 01:57:33,599
say, "Hey, this is hard, then you will
3473
01:57:33,599 --> 01:57:35,119
be able to accomplish way more than you
3474
01:57:35,119 --> 01:57:37,040
think." You can learn most things in 20
3475
01:57:37,040 --> 01:57:38,400
hours. The problem is that most people
3476
01:57:38,400 --> 01:57:40,560
delay the first 20 hours by years. And
3477
01:57:40,560 --> 01:57:42,400
if you really measured yourself by the
3478
01:57:42,400 --> 01:57:44,000
amount of action you take, not your
3479
01:57:44,000 --> 01:57:46,719
desire, not your deservingness, or even
3480
01:57:46,719 --> 01:57:48,560
your effort, you might actually be
3481
01:57:48,560 --> 01:57:49,679
embarrassed because what you're looking
3482
01:57:49,679 --> 01:57:51,679
at is reality. It's about what you do,
3483
01:57:51,679 --> 01:57:53,119
not what you say you're going to do, how
3484
01:57:53,119 --> 01:57:55,040
much you want the outcome from what
3485
01:57:55,040 --> 01:57:56,080
you're doing, how much you think you
3486
01:57:56,080 --> 01:57:58,080
deserve the thing that's going to happen
3487
01:57:58,080 --> 01:58:00,400
after you do it, or how hard you try.
3488
01:58:00,400 --> 01:58:02,560
Because one, no one cares. Two, reality
3489
01:58:02,560 --> 01:58:03,920
doesn't care either, because the only
3490
01:58:03,920 --> 01:58:05,360
thing that matters that you can control
3491
01:58:05,360 --> 01:58:07,679
is input. And you would be absolutely
3492
01:58:07,679 --> 01:58:09,760
astonished at what you can accomplish
3493
01:58:09,760 --> 01:58:11,760
when you give yourself no choice. Every
3494
01:58:11,760 --> 01:58:14,080
third time I do a Q&A, I get asked the
3495
01:58:14,080 --> 01:58:16,159
question, "What keeps you going when
3496
01:58:16,159 --> 01:58:17,840
things were tough? Like, what did you
3497
01:58:17,840 --> 01:58:20,719
think about?" and I could come up with
3498
01:58:20,719 --> 01:58:22,480
something that was really compelling.
3499
01:58:22,480 --> 01:58:24,560
But the honest truth is I just never
3500
01:58:24,560 --> 01:58:26,719
considered quitting. It was just not it
3501
01:58:26,719 --> 01:58:28,639
was just not on my choice of options at
3502
01:58:28,639 --> 01:58:31,119
the table because for me the idea of
3503
01:58:31,119 --> 01:58:33,679
going back to Baltimore as a failure was
3504
01:58:33,679 --> 01:58:36,639
so much worse than anything else that I
3505
01:58:36,639 --> 01:58:39,679
could encounter that it just it just
3506
01:58:39,679 --> 01:58:41,280
wasn't even a consideration. And so the
3507
01:58:41,280 --> 01:58:42,719
only natural option I had was to
3508
01:58:42,719 --> 01:58:45,599
persist, was to endure, was to continue.
3509
01:58:45,599 --> 01:58:48,800
And so I think if you use that frame as
3510
01:58:48,800 --> 01:58:50,000
there have been people who have gone
3511
01:58:50,000 --> 01:58:51,520
through significantly worse than what
3512
01:58:51,520 --> 01:58:53,119
I'm going through right now. And for
3513
01:58:53,119 --> 01:58:54,719
those of you who claim the demon card of
3514
01:58:54,719 --> 01:58:56,080
like I've been through [ __ ] then prove
3515
01:58:56,080 --> 01:58:59,280
it. Was it worse than this? Great. Then
3516
01:58:59,280 --> 01:59:01,280
you can prove that it was so hard by
3517
01:59:01,280 --> 01:59:04,080
being hard now. Across time frames in
3518
01:59:04,080 --> 01:59:06,639
history, across countries, across
3519
01:59:06,639 --> 01:59:08,719
cultures, across age groups, across
3520
01:59:08,719 --> 01:59:13,119
race, gender, everyone respects the man
3521
01:59:13,119 --> 01:59:15,599
who works. Because as men we are always
3522
01:59:15,599 --> 01:59:18,080
judged by what we can do and if you are
3523
01:59:18,080 --> 01:59:20,159
doing things then people know that you
3524
01:59:20,159 --> 01:59:22,239
are contributing that is how you prove
3525
01:59:22,239 --> 01:59:24,320
utility. Work ethic is the currency of
3526
01:59:24,320 --> 01:59:26,880
respect. If you want to earn respect you
3527
01:59:26,880 --> 01:59:28,719
earn it through work and sometimes
3528
01:59:28,719 --> 01:59:30,080
that's working on yourself that's
3529
01:59:30,080 --> 01:59:31,520
sometimes working on a skill working on
3530
01:59:31,520 --> 01:59:33,040
a product but it is all through work
3531
01:59:33,040 --> 01:59:34,159
through effort. I will tell you
3532
01:59:34,159 --> 01:59:35,679
something that shifted my life which is
3533
01:59:35,679 --> 01:59:37,599
that entrepreneurship is not a game of
3534
01:59:37,599 --> 01:59:39,679
best man wins. It's a game of last man
3535
01:59:39,679 --> 01:59:42,400
standing. And there's a lot of games
3536
01:59:42,400 --> 01:59:43,840
that are like this. And fundamentally,
3537
01:59:43,840 --> 01:59:46,320
that's an infinite game frame versus a
3538
01:59:46,320 --> 01:59:48,080
finite game frame. And I will read you
3539
01:59:48,080 --> 01:59:50,239
the quote that Ila had framed and put in
3540
01:59:50,239 --> 01:59:53,760
my office. Ask the girl, shoot the shot,
3541
01:59:53,760 --> 01:59:56,080
launch the business, run the ad, quit
3542
01:59:56,080 --> 01:59:57,760
the job, take the risk. Because when
3543
01:59:57,760 --> 01:59:59,360
you're 85 years old and on your
3544
01:59:59,360 --> 02:00:00,480
deathbed, you're not going to wish you
3545
02:00:00,480 --> 02:00:02,159
had fewer crazy stories. The fastest way
3546
02:00:02,159 --> 02:00:03,520
to become confident is to build
3547
02:00:03,520 --> 02:00:05,760
evidence. Build yourself a stack of
3548
02:00:05,760 --> 02:00:07,599
undeniable proof that you are who you
3549
02:00:07,599 --> 02:00:09,520
say you are. Here's exactly how to do
3550
02:00:09,520 --> 02:00:11,760
that. This is brutally honest advice to
3551
02:00:11,760 --> 02:00:14,080
my younger, less confident self. Having
3552
02:00:14,080 --> 02:00:16,320
an epic story is about asking the girl.
3553
02:00:16,320 --> 02:00:17,520
It's about shooting the shot. It's about
3554
02:00:17,520 --> 02:00:18,639
launching the business, about running
3555
02:00:18,639 --> 02:00:20,560
the ad, about knocking on the door,
3556
02:00:20,560 --> 02:00:22,320
quitting the job, taking the risk. When
3557
02:00:22,320 --> 02:00:23,679
you're 85 years old and on your
3558
02:00:23,679 --> 02:00:24,719
deathbed, you're not going to wish you
3559
02:00:24,719 --> 02:00:26,159
had fewer crazy stories. You're going to
3560
02:00:26,159 --> 02:00:27,760
wish you had taken more shots. Don't
3561
02:00:27,760 --> 02:00:30,159
build confidence. Build evidence.
3562
02:00:30,159 --> 02:00:31,840
Confidence comes as a result of
3563
02:00:31,840 --> 02:00:34,080
evidence, not the other way around.
3564
02:00:34,080 --> 02:00:36,000
Confidence without evidence is a
3565
02:00:36,000 --> 02:00:38,080
delusion. It's you beating your chest,
3566
02:00:38,080 --> 02:00:39,119
looking at yourself in the mirror,
3567
02:00:39,119 --> 02:00:40,000
trying to pretend you're something
3568
02:00:40,000 --> 02:00:41,840
you're not. Do it so you get the
3569
02:00:41,840 --> 02:00:43,440
confidence, but don't think you need
3570
02:00:43,440 --> 02:00:45,360
confidence to do it. So, the whole idea
3571
02:00:45,360 --> 02:00:47,119
of fake it until you make it should
3572
02:00:47,119 --> 02:00:49,599
switch to walk it before you talk it,
3573
02:00:49,599 --> 02:00:51,280
right? Prove it to yourself so you don't
3574
02:00:51,280 --> 02:00:52,960
need to prove it to other people and let
3575
02:00:52,960 --> 02:00:55,119
your path to your talking for you. Until
3576
02:00:55,119 --> 02:00:57,440
you win, effort always goes unnoticed.
3577
02:00:57,440 --> 02:00:59,040
Get used to it. If you aren't willing to
3578
02:00:59,040 --> 02:01:01,119
suck, you're never going to get good.
3579
02:01:01,119 --> 02:01:03,520
Losers stay losers because they aren't
3580
02:01:03,520 --> 02:01:05,599
willing to lose. Confidence is also
3581
02:01:05,599 --> 02:01:07,679
domain specific. So you can be really
3582
02:01:07,679 --> 02:01:09,599
good at public presentations and really
3583
02:01:09,599 --> 02:01:11,280
bad at talking to girls. It takes a lot
3584
02:01:11,280 --> 02:01:13,360
for a skill to transfer between domains.
3585
02:01:13,360 --> 02:01:14,639
And so if you want to get good at the
3586
02:01:14,639 --> 02:01:16,000
thing, don't try and do something to the
3587
02:01:16,000 --> 02:01:18,400
left of it. Just do the thing. The first
3588
02:01:18,400 --> 02:01:20,639
sales consult I ever took. I didn't
3589
02:01:20,639 --> 02:01:22,639
close. And I say that because everyone
3590
02:01:22,639 --> 02:01:25,040
just imagines that Mosy just came in
3591
02:01:25,040 --> 02:01:26,960
just slinging credit cards and stacking
3592
02:01:26,960 --> 02:01:28,880
bodies, right? It didn't work that way.
3593
02:01:28,880 --> 02:01:30,800
I came in, it was a 5-minute
3594
02:01:30,800 --> 02:01:32,239
conversation. The girl was like, "I need
3595
02:01:32,239 --> 02:01:34,000
to go get my card from home." home and I
3596
02:01:34,000 --> 02:01:35,599
said, "Oh yeah, okay, go do that." And
3597
02:01:35,599 --> 02:01:37,199
she walked away and I went to my boss.
3598
02:01:37,199 --> 02:01:38,480
He's like, "How'd it go?" I said, "Oh, I
3599
02:01:38,480 --> 02:01:39,920
closed her." And he was like, "Oh,
3600
02:01:39,920 --> 02:01:40,800
that's awesome." He's like, "You got the
3601
02:01:40,800 --> 02:01:42,080
credit card?" I said, "Oh, no. She's
3602
02:01:42,080 --> 02:01:43,440
going to come back with the card." And
3603
02:01:43,440 --> 02:01:45,840
he literally stopped what he was doing
3604
02:01:45,840 --> 02:01:48,159
with six other guys around him and they
3605
02:01:48,159 --> 02:01:52,159
all non-stop laugh a minute straight.
3606
02:01:52,159 --> 02:01:53,440
Like they couldn't breathe cuz they
3607
02:01:53,440 --> 02:01:55,119
thought how stupid what I had just said
3608
02:01:55,119 --> 02:01:57,360
was. But I had no idea. And so that was
3609
02:01:57,360 --> 02:02:00,159
my first ever experience in sales. I'm
3610
02:02:00,159 --> 02:02:02,480
known for sales now. And I wouldn't even
3611
02:02:02,480 --> 02:02:04,159
say I'm confident in sales. It's just
3612
02:02:04,159 --> 02:02:06,560
more like this is what works and has
3613
02:02:06,560 --> 02:02:09,199
worked for me. Take it or leave it. And
3614
02:02:09,199 --> 02:02:10,960
so people perceive that as confidence,
3615
02:02:10,960 --> 02:02:12,320
but it's simply just based on
3616
02:02:12,320 --> 02:02:15,199
experience. And confidence comes from
3617
02:02:15,199 --> 02:02:17,440
experience. What it really is is a
3618
02:02:17,440 --> 02:02:19,040
prediction. What you think is going to
3619
02:02:19,040 --> 02:02:21,119
happen will happen. And so even in
3620
02:02:21,119 --> 02:02:22,480
statistics, what is your confidence
3621
02:02:22,480 --> 02:02:25,280
metric? This is 7.8. It's literally just
3622
02:02:25,280 --> 02:02:26,719
what the percentage likelihood that what
3623
02:02:26,719 --> 02:02:28,080
you think is going to happen is going to
3624
02:02:28,080 --> 02:02:29,599
happen. And so, how do you increase the
3625
02:02:29,599 --> 02:02:30,560
likelihood that what you think is going
3626
02:02:30,560 --> 02:02:32,159
to happen is going to happen? Have it
3627
02:02:32,159 --> 02:02:33,920
have happened already. I could have
3628
02:02:33,920 --> 02:02:36,000
either spent 30 minutes every day
3629
02:02:36,000 --> 02:02:36,960
looking at myself in the mirror and
3630
02:02:36,960 --> 02:02:38,080
telling myself I was going to be a great
3631
02:02:38,080 --> 02:02:39,440
sales guy, or I could have reviewed the
3632
02:02:39,440 --> 02:02:40,719
[ __ ] script. Which one do you think
3633
02:02:40,719 --> 02:02:42,719
would get make me a better salesperson?
3634
02:02:42,719 --> 02:02:44,320
Reviewing the script. You can take all
3635
02:02:44,320 --> 02:02:45,599
the time that you're trying to spend
3636
02:02:45,599 --> 02:02:47,280
psyching yourself up and you'll feel
3637
02:02:47,280 --> 02:02:48,960
significantly more confident not having
3638
02:02:48,960 --> 02:02:50,480
done that and simply knowing what you're
3639
02:02:50,480 --> 02:02:51,760
going to say, which you get from
3640
02:02:51,760 --> 02:02:54,239
practice. The world belongs to those who
3641
02:02:54,239 --> 02:02:56,080
can keep doing without seeing the result
3642
02:02:56,080 --> 02:02:57,760
of their doing. And the longer you can
3643
02:02:57,760 --> 02:02:59,199
wait to see the result of your doing
3644
02:02:59,199 --> 02:03:01,360
while still continuing to do is the
3645
02:03:01,360 --> 02:03:03,520
extent to which you can win big in life.
3646
02:03:03,520 --> 02:03:06,239
For example, to be a top 1% podcaster,
3647
02:03:06,239 --> 02:03:09,280
you have to upload 21 podcasts. 21. Top
3648
02:03:09,280 --> 02:03:13,840
1%. 90% of people don't get past one. 9%
3649
02:03:13,840 --> 02:03:17,199
don't get past 20. And then 1% of
3650
02:03:17,199 --> 02:03:19,679
podcasters of all of them make it to 21
3651
02:03:19,679 --> 02:03:22,000
plus. So when people say try harder, it
3652
02:03:22,000 --> 02:03:23,599
usually just means don't give up. The
3653
02:03:23,599 --> 02:03:25,920
price for excellence has never been so
3654
02:03:25,920 --> 02:03:28,239
low. People give up so easily now that
3655
02:03:28,239 --> 02:03:32,159
it's just so easy to win by just being
3656
02:03:32,159 --> 02:03:34,159
willing to post 20 times. You're in the
3657
02:03:34,159 --> 02:03:36,719
top 1%. Like I'm at the top 1%. We're
3658
02:03:36,719 --> 02:03:40,560
not even talking 10. Top half. Top 1%.
3659
02:03:40,560 --> 02:03:43,119
People are so afraid of being
3660
02:03:43,119 --> 02:03:45,440
humiliated. They get the long-term
3661
02:03:45,440 --> 02:03:47,119
humiliation of never amounting to
3662
02:03:47,119 --> 02:03:48,639
anything. No one's going to watch your
3663
02:03:48,639 --> 02:03:50,960
first 20 episodes anyways. And even if
3664
02:03:50,960 --> 02:03:52,560
they do, it doesn't matter because
3665
02:03:52,560 --> 02:03:54,320
that's not what you're building towards.
3666
02:03:54,320 --> 02:03:56,080
Like you posting those 20 isn't what you
3667
02:03:56,080 --> 02:03:57,440
judge yourself on. You should be judging
3668
02:03:57,440 --> 02:03:58,480
yourself on the difference between your
3669
02:03:58,480 --> 02:04:00,080
first one and your 20th one. Are you
3670
02:04:00,080 --> 02:04:02,320
better? Probably. And the difference
3671
02:04:02,320 --> 02:04:03,760
between your 20th one and your hundth
3672
02:04:03,760 --> 02:04:06,239
one because the win is you. You are the
3673
02:04:06,239 --> 02:04:09,280
asset you're building, not the downloads
3674
02:04:09,280 --> 02:04:11,360
that you get on your first shot. Mosy
3675
02:04:11,360 --> 02:04:13,199
immediately had a podcast with millions
3676
02:04:13,199 --> 02:04:15,920
of downloads every single month. No, I
3677
02:04:15,920 --> 02:04:18,480
spent 4 and a half years making two
3678
02:04:18,480 --> 02:04:21,199
podcasts a week straight. Didn't miss.
3679
02:04:21,199 --> 02:04:22,880
And guess how many podcast downloads I
3680
02:04:22,880 --> 02:04:23,760
was getting per month at the end of
3681
02:04:23,760 --> 02:04:26,719
that? 2 to 3,000 downloads a month. Not
3682
02:04:26,719 --> 02:04:29,040
a lot. I used to think to myself, okay,
3683
02:04:29,040 --> 02:04:30,480
well, each one of these podcasts gets
3684
02:04:30,480 --> 02:04:32,800
like 200 downloads. Well, 200 downloads
3685
02:04:32,800 --> 02:04:35,360
is like an auditorium of people. And so,
3686
02:04:35,360 --> 02:04:37,520
would I feel okay giving a speech to 200
3687
02:04:37,520 --> 02:04:39,679
people? Yeah. And even before that, when
3688
02:04:39,679 --> 02:04:41,679
they was getting like 10 or 15 downloads
3689
02:04:41,679 --> 02:04:43,520
per episode, if I had a little lunch and
3690
02:04:43,520 --> 02:04:45,040
learn that I would I used to have to do
3691
02:04:45,040 --> 02:04:47,599
to like get leads for a business, I'd be
3692
02:04:47,599 --> 02:04:49,199
fine talking to a group of 10 or 15
3693
02:04:49,199 --> 02:04:50,480
people because the reality is that those
3694
02:04:50,480 --> 02:04:51,679
people are doing me more of a favor than
3695
02:04:51,679 --> 02:04:53,360
I'm doing them. They're literally giving
3696
02:04:53,360 --> 02:04:55,599
me their ears so that I can practice my
3697
02:04:55,599 --> 02:04:57,440
voice and how to talk and how to
3698
02:04:57,440 --> 02:04:59,440
present. And it was only at year 4 and a
3699
02:04:59,440 --> 02:05:01,280
half to five when things started taking
3700
02:05:01,280 --> 02:05:02,480
off. And you know what the two things
3701
02:05:02,480 --> 02:05:04,960
that changed are? One is I did call it I
3702
02:05:04,960 --> 02:05:07,520
changed it from gym secrets to just the
3703
02:05:07,520 --> 02:05:09,040
game which was a business thing. So it
3704
02:05:09,040 --> 02:05:10,480
made it more applicable to more people.
3705
02:05:10,480 --> 02:05:12,000
And the second thing and here's the real
3706
02:05:12,000 --> 02:05:13,840
one is that I sold a company for $46
3707
02:05:13,840 --> 02:05:16,159
million. And so people are like oh what
3708
02:05:16,159 --> 02:05:17,920
does this guy have to say? And the big
3709
02:05:17,920 --> 02:05:19,360
thing that everyone misses is people try
3710
02:05:19,360 --> 02:05:22,080
and dissect my content. The message is
3711
02:05:22,080 --> 02:05:26,239
10% of how people consume it. 90% is the
3712
02:05:26,239 --> 02:05:29,040
context around the message. So Elon Musk
3713
02:05:29,040 --> 02:05:30,480
can tweet on the toilet and be like,
3714
02:05:30,480 --> 02:05:32,480
"I'm on the throne taking a shit." And
3715
02:05:32,480 --> 02:05:35,360
it'll get a million likes. Why? Because
3716
02:05:35,360 --> 02:05:36,960
it's Elon Musk. He's the richest man in
3717
02:05:36,960 --> 02:05:38,000
the world and owns three of the biggest
3718
02:05:38,000 --> 02:05:39,199
companies that are most innovative of
3719
02:05:39,199 --> 02:05:40,960
all time. I don't kid myself and think
3720
02:05:40,960 --> 02:05:42,719
that like my content is so much better
3721
02:05:42,719 --> 02:05:43,760
than other people. There's plenty of
3722
02:05:43,760 --> 02:05:44,880
people with better content than me that
3723
02:05:44,880 --> 02:05:46,320
don't get the same views. And the reason
3724
02:05:46,320 --> 02:05:47,760
is because they don't have the context.
3725
02:05:47,760 --> 02:05:49,840
They don't have the proof. And solve for
3726
02:05:49,840 --> 02:05:51,520
the proof. And then the content will
3727
02:05:51,520 --> 02:05:53,360
take care of itself. Because one, you
3728
02:05:53,360 --> 02:05:54,719
will know what you're talking about
3729
02:05:54,719 --> 02:05:55,920
because you have proof that you know
3730
02:05:55,920 --> 02:05:58,400
what you're talking about. and people
3731
02:05:58,400 --> 02:05:59,920
will believe you. Which is why you
3732
02:05:59,920 --> 02:06:01,920
should solve for evidence above
3733
02:06:01,920 --> 02:06:03,440
everything else. Like evidence gives you
3734
02:06:03,440 --> 02:06:04,719
the confidence. If someone says, "Alex,
3735
02:06:04,719 --> 02:06:05,520
I don't think you know [ __ ] about
3736
02:06:05,520 --> 02:06:07,360
business." I'd be like, "Okay." It
3737
02:06:07,360 --> 02:06:08,960
doesn't really affect me. I do know we
3738
02:06:08,960 --> 02:06:10,320
crossed $100 million in net worth at age
3739
02:06:10,320 --> 02:06:12,159
32. I know that. But if someone said
3740
02:06:12,159 --> 02:06:14,320
that to you and you haven't accomplished
3741
02:06:14,320 --> 02:06:15,440
anything, you don't have anything to
3742
02:06:15,440 --> 02:06:17,440
stand back on and it hurts you more. But
3743
02:06:17,440 --> 02:06:19,360
I have proof. So it's like you can just
3744
02:06:19,360 --> 02:06:20,800
deflect it towards the proof and keep
3745
02:06:20,800 --> 02:06:22,000
living your life. The secret to
3746
02:06:22,000 --> 02:06:23,599
longevity is, especially in the content
3747
02:06:23,599 --> 02:06:24,800
game, but really in any game that you're
3748
02:06:24,800 --> 02:06:26,239
trying to at least help other people
3749
02:06:26,239 --> 02:06:29,360
with, is that if you've done the thing,
3750
02:06:29,360 --> 02:06:30,960
you can be certain rather than
3751
02:06:30,960 --> 02:06:32,400
confident. Be certain based on what
3752
02:06:32,400 --> 02:06:33,920
you've done, not based on what you say
3753
02:06:33,920 --> 02:06:35,840
other people should do. There used to be
3754
02:06:35,840 --> 02:06:37,360
too big to fail. And I think there's an
3755
02:06:37,360 --> 02:06:38,880
alternative, which is too good to fail.
3756
02:06:38,880 --> 02:06:40,880
If you make your stuff so [ __ ] good
3757
02:06:40,880 --> 02:06:42,639
that only one person who gets exposed to
3758
02:06:42,639 --> 02:06:44,800
it sends it to somebody else, then you
3759
02:06:44,800 --> 02:06:46,239
have nothing to worry about and you will
3760
02:06:46,239 --> 02:06:47,920
eventually get discovered. It's a time
3761
02:06:47,920 --> 02:06:50,159
game. And in the meanwhile, you just
3762
02:06:50,159 --> 02:06:52,480
keep getting better, which is the point,
3763
02:06:52,480 --> 02:06:53,440
because at the end of the day, you're
3764
02:06:53,440 --> 02:06:54,560
going to die. Everyone's going to forget
3765
02:06:54,560 --> 02:06:56,320
about you anyways. And so, you might as
3766
02:06:56,320 --> 02:06:57,360
well just work on the one asset that you
3767
02:06:57,360 --> 02:06:58,239
get to keep for the rest of your life,
3768
02:06:58,239 --> 02:07:00,400
which is you. And rather than measuring
3769
02:07:00,400 --> 02:07:02,800
yourself based on how many views he gets
3770
02:07:02,800 --> 02:07:04,719
versus how many views you get, measure
3771
02:07:04,719 --> 02:07:06,480
yourself by how much work he puts into
3772
02:07:06,480 --> 02:07:08,000
one of his shorts versus what you put
3773
02:07:08,000 --> 02:07:09,920
into one of your shorts. And then you
3774
02:07:09,920 --> 02:07:11,040
might think the output is more
3775
02:07:11,040 --> 02:07:12,639
reasonable. And if there's a top sales
3776
02:07:12,639 --> 02:07:14,079
guy in your organization who's making
3777
02:07:14,079 --> 02:07:16,000
more money than you, compare not what
3778
02:07:16,000 --> 02:07:17,599
his commission check is to yours every
3779
02:07:17,599 --> 02:07:19,520
month, compare how many calls he's
3780
02:07:19,520 --> 02:07:21,280
making, how many times he practices the
3781
02:07:21,280 --> 02:07:22,960
script, how many calls he's made before
3782
02:07:22,960 --> 02:07:24,639
you, how many sales he's closed before
3783
02:07:24,639 --> 02:07:26,320
you, what time a day he shows up at
3784
02:07:26,320 --> 02:07:28,400
work, what time a day he leaves, whether
3785
02:07:28,400 --> 02:07:30,159
he works weekends or not, whether he's
3786
02:07:30,159 --> 02:07:32,400
willing to hop on the phone in a family
3787
02:07:32,400 --> 02:07:33,840
context so they can still close the
3788
02:07:33,840 --> 02:07:35,360
deal. If you're doing all the inputs,
3789
02:07:35,360 --> 02:07:37,520
the m the outputs will always match on a
3790
02:07:37,520 --> 02:07:39,440
long enough time horizon. And if you are
3791
02:07:39,440 --> 02:07:41,679
new to the game, then my recommendation
3792
02:07:41,679 --> 02:07:43,679
is not only to match inputs, but to
3793
02:07:43,679 --> 02:07:45,280
double or triple the inputs that someone
3794
02:07:45,280 --> 02:07:46,800
ahead of you is doing. And the reason
3795
02:07:46,800 --> 02:07:48,480
you do that is because if you just match
3796
02:07:48,480 --> 02:07:49,920
your inputs, then you're always going to
3797
02:07:49,920 --> 02:07:51,119
be behind them because they're already
3798
02:07:51,119 --> 02:07:52,480
ahead of you because they're better than
3799
02:07:52,480 --> 02:07:53,760
you. And so if you both do the same
3800
02:07:53,760 --> 02:07:54,480
amount of work, they're going to keep
3801
02:07:54,480 --> 02:07:55,760
getting better and so are you. So you
3802
02:07:55,760 --> 02:07:57,040
have to do twice the work. You got to be
3803
02:07:57,040 --> 02:07:58,719
like Kobe, right? Where everyone else is
3804
02:07:58,719 --> 02:08:00,239
doing one practice a day, you do two
3805
02:08:00,239 --> 02:08:01,760
practices a day. And in the beginning,
3806
02:08:01,760 --> 02:08:02,800
they'll be better than you and then
3807
02:08:02,800 --> 02:08:03,920
you'll match them. But because you're
3808
02:08:03,920 --> 02:08:05,280
doing twice the work, eventually you'll
3809
02:08:05,280 --> 02:08:06,960
get better and then that's how you win.
3810
02:08:06,960 --> 02:08:07,760
Yeah. Again, one of the biggest
3811
02:08:07,760 --> 02:08:09,599
misnomers in in whatever endeavor you're
3812
02:08:09,599 --> 02:08:10,639
trying to track is people track the
3813
02:08:10,639 --> 02:08:12,079
wrong metrics. They track the lagging
3814
02:08:12,079 --> 02:08:14,239
metrics rather than the leading metrics.
3815
02:08:14,239 --> 02:08:15,840
Lagging metrics are what happen. Those
3816
02:08:15,840 --> 02:08:16,960
are the outputs. And if you want to
3817
02:08:16,960 --> 02:08:19,440
track those, fine. But the real things
3818
02:08:19,440 --> 02:08:21,199
to track are what you're doing to create
3819
02:08:21,199 --> 02:08:22,639
the outputs. So, I don't want to
3820
02:08:22,639 --> 02:08:24,560
necessarily even track sales. I want to
3821
02:08:24,560 --> 02:08:26,639
track how many calls I'm making. If I'm
3822
02:08:26,639 --> 02:08:27,920
trying to get in shape, I'm not
3823
02:08:27,920 --> 02:08:29,119
necessarily going to track the weight
3824
02:08:29,119 --> 02:08:30,320
I'm doing. I'm going to track how many
3825
02:08:30,320 --> 02:08:31,920
calories I'm eating. And so, the more
3826
02:08:31,920 --> 02:08:33,599
ways you measure, the more ways you can
3827
02:08:33,599 --> 02:08:36,400
win. And so the idea, the ultimate win
3828
02:08:36,400 --> 02:08:38,960
at life is where you can shift things
3829
02:08:38,960 --> 02:08:40,400
that are out of your control that you
3830
02:08:40,400 --> 02:08:42,000
deem winning to things that are under
3831
02:08:42,000 --> 02:08:43,520
your control which you can deem winning.
3832
02:08:43,520 --> 02:08:45,360
Because if you're measuring on whether
3833
02:08:45,360 --> 02:08:47,040
you lost the fat or not, sometimes
3834
02:08:47,040 --> 02:08:48,719
people take longer, some people don't.
3835
02:08:48,719 --> 02:08:50,159
That's something that you actually can't
3836
02:08:50,159 --> 02:08:52,000
control. What you can control are the
3837
02:08:52,000 --> 02:08:54,560
inputs. And so if you say based on this,
3838
02:08:54,560 --> 02:08:56,400
if I do this one thing every day for a
3839
02:08:56,400 --> 02:08:57,360
long enough period of time, I'll
3840
02:08:57,360 --> 02:08:59,760
eventually get there. the real winners.
3841
02:08:59,760 --> 02:09:01,520
Cut out the I'll eventually get there
3842
02:09:01,520 --> 02:09:03,440
and say if I do this every day, I have
3843
02:09:03,440 --> 02:09:05,440
won. The thing that I try and focus on
3844
02:09:05,440 --> 02:09:07,679
now is the delta between how hard I
3845
02:09:07,679 --> 02:09:10,079
tried and how hard I can possibly try.
3846
02:09:10,079 --> 02:09:11,920
And if I know that the gap between those
3847
02:09:11,920 --> 02:09:14,800
two is zero, then I have won. And I've
3848
02:09:14,800 --> 02:09:17,119
decided to spend a inordinate amount of
3849
02:09:17,119 --> 02:09:19,679
effort trying to make that my definition
3850
02:09:19,679 --> 02:09:21,440
of winning is that there's nothing left
3851
02:09:21,440 --> 02:09:23,360
in the tank. If you get into a harder
3852
02:09:23,360 --> 02:09:25,360
career path or one that takes more reps
3853
02:09:25,360 --> 02:09:27,679
to get good at or more reps to get into,
3854
02:09:27,679 --> 02:09:30,000
then every day you can win based on
3855
02:09:30,000 --> 02:09:32,560
saying like everyone else does 100, I do
3856
02:09:32,560 --> 02:09:35,119
250 and I have nothing left to give. I
3857
02:09:35,119 --> 02:09:37,679
won and that should satisfy you. And if
3858
02:09:37,679 --> 02:09:39,119
you're if you're obsessive on the
3859
02:09:39,119 --> 02:09:41,520
external thing, that takes too long and
3860
02:09:41,520 --> 02:09:43,440
you will give up too soon. One of the
3861
02:09:43,440 --> 02:09:44,480
things that took me too long to learn
3862
02:09:44,480 --> 02:09:45,520
was the difference between the finite
3863
02:09:45,520 --> 02:09:48,000
and infinite frame. And so finite frame
3864
02:09:48,000 --> 02:09:50,639
is where you have known players, agreed
3865
02:09:50,639 --> 02:09:52,800
upon rules, and a way to win or lose at
3866
02:09:52,800 --> 02:09:54,239
the end. And then the game is over.
3867
02:09:54,239 --> 02:09:56,079
Infinite frame, you have known and
3868
02:09:56,079 --> 02:09:57,679
unknown players, no agreed upon rules,
3869
02:09:57,679 --> 02:09:58,800
and the point of the game is to keep the
3870
02:09:58,800 --> 02:10:00,800
game going. And all the greatest games
3871
02:10:00,800 --> 02:10:02,560
that I've ever participated in,
3872
02:10:02,560 --> 02:10:05,199
marriage, health, business, you don't
3873
02:10:05,199 --> 02:10:07,520
win at marriage. The point is to stay
3874
02:10:07,520 --> 02:10:09,040
married. You don't win at health. The
3875
02:10:09,040 --> 02:10:11,199
point is to stay in shape. You don't win
3876
02:10:11,199 --> 02:10:13,920
at business. The point is to stay in
3877
02:10:13,920 --> 02:10:17,360
business. And so by default, if you
3878
02:10:17,360 --> 02:10:20,159
don't give up, you win. And so that's
3879
02:10:20,159 --> 02:10:21,679
the big frame shift, which is why
3880
02:10:21,679 --> 02:10:23,360
leaving everything on the field is the
3881
02:10:23,360 --> 02:10:24,800
way you have to define winning if you
3882
02:10:24,800 --> 02:10:25,920
want to win in the long term. And
3883
02:10:25,920 --> 02:10:28,639
anything worth doing takes great time.
3884
02:10:28,639 --> 02:10:30,320
If you stick with it and you make that
3885
02:10:30,320 --> 02:10:32,560
the win, you'll notice that the external
3886
02:10:32,560 --> 02:10:35,280
win will just happen on its own. And if
3887
02:10:35,280 --> 02:10:37,199
you really commit to that perspective,
3888
02:10:37,199 --> 02:10:39,520
it won't even mean much to you. Because
3889
02:10:39,520 --> 02:10:41,199
if you make that everything, it's the
3890
02:10:41,199 --> 02:10:42,480
same thing with the guys who win the
3891
02:10:42,480 --> 02:10:44,079
golds and then kill themselves or win
3892
02:10:44,079 --> 02:10:45,360
the championship and then go into these
3893
02:10:45,360 --> 02:10:46,639
massive depressions. It's because
3894
02:10:46,639 --> 02:10:48,239
they're playing the wrong game. When
3895
02:10:48,239 --> 02:10:50,480
Kobe was asked shortly before he died
3896
02:10:50,480 --> 02:10:51,840
like, "Do you think that you're somebody
3897
02:10:51,840 --> 02:10:53,119
who's afraid of losing or do you think
3898
02:10:53,119 --> 02:10:54,800
you're somebody who loves winning?" He
3899
02:10:54,800 --> 02:10:56,560
basically denied both frames. He said,
3900
02:10:56,560 --> 02:10:58,719
I'm paraphrasing, "I just love playing
3901
02:10:58,719 --> 02:11:01,040
to the best of my ability." And that's
3902
02:11:01,040 --> 02:11:03,119
what he measures himself off of. The
3903
02:11:03,119 --> 02:11:04,560
fact that the world chooses to measure
3904
02:11:04,560 --> 02:11:05,920
him on the fact that he's won so many
3905
02:11:05,920 --> 02:11:08,719
games. That's the world's problem,
3906
02:11:08,719 --> 02:11:11,840
not ours. It's saying I'm game master,
3907
02:11:11,840 --> 02:11:13,760
not a player, and I choose to play by
3908
02:11:13,760 --> 02:11:15,520
these rules. And as long as I am
3909
02:11:15,520 --> 02:11:17,440
playing, I win by default. And it's cuz
3910
02:11:17,440 --> 02:11:19,040
I'm not accepting the world's rules for
3911
02:11:19,040 --> 02:11:20,960
winning. I make my own. An easier
3912
02:11:20,960 --> 02:11:22,960
analogy here is, and this is a Naval
3913
02:11:22,960 --> 02:11:24,639
Ravicon quote, he said, "What looks like
3914
02:11:24,639 --> 02:11:25,920
work to other people should feel like
3915
02:11:25,920 --> 02:11:27,520
play for you." If you look at an artist
3916
02:11:27,520 --> 02:11:29,599
and he's painting, you're like, "Hey,
3917
02:11:29,599 --> 02:11:30,639
how soon are you going to finish that
3918
02:11:30,639 --> 02:11:32,719
painting?" The point for the artist is
3919
02:11:32,719 --> 02:11:35,119
to paint. He'll finish that piece and
3920
02:11:35,119 --> 02:11:36,719
he'll start the next one. But the
3921
02:11:36,719 --> 02:11:38,239
process of painting is the thing that
3922
02:11:38,239 --> 02:11:40,800
they enjoy. And so the idea is that if
3923
02:11:40,800 --> 02:11:42,800
you can commit and the broader you can
3924
02:11:42,800 --> 02:11:44,239
generalize what you're committing to,
3925
02:11:44,239 --> 02:11:45,840
the easier it will be to stick with it.
3926
02:11:45,840 --> 02:11:47,760
So you might be like, I love making
3927
02:11:47,760 --> 02:11:49,360
calls, but I hate entering things in the
3928
02:11:49,360 --> 02:11:51,280
CRM. Well, both of those are required
3929
02:11:51,280 --> 02:11:53,199
for the role of sales. And so I prefer
3930
02:11:53,199 --> 02:11:56,159
to chunk up a level and say, I prefer to
3931
02:11:56,159 --> 02:11:58,480
do hard work because of what that work
3932
02:11:58,480 --> 02:12:00,639
does to me. Then whether I'm putting
3933
02:12:00,639 --> 02:12:02,480
[ __ ] into the CRM or editing a document
3934
02:12:02,480 --> 02:12:04,560
or having a hard conversation, all of
3935
02:12:04,560 --> 02:12:06,239
those things are difficult and I see
3936
02:12:06,239 --> 02:12:07,679
those as all contributing to the person
3937
02:12:07,679 --> 02:12:09,440
I ultimately want to be until eventually
3938
02:12:09,440 --> 02:12:11,199
I die and it won't matter anyways. And
3939
02:12:11,199 --> 02:12:12,880
so the only asset that you really get to
3940
02:12:12,880 --> 02:12:14,400
keep with you is your character and
3941
02:12:14,400 --> 02:12:15,920
that's the only thing you keep building.
3942
02:12:15,920 --> 02:12:18,639
And so if you make the character the W
3943
02:12:18,639 --> 02:12:20,239
at the end of the day, did or I did I
3944
02:12:20,239 --> 02:12:21,440
not contribute to the character of the
3945
02:12:21,440 --> 02:12:23,679
person that I want to become? If that's
3946
02:12:23,679 --> 02:12:26,719
the W every day, you can never lose. If
3947
02:12:26,719 --> 02:12:28,320
you have your menu option of things that
3948
02:12:28,320 --> 02:12:30,159
you can do in life, just remove quitting
3949
02:12:30,159 --> 02:12:31,760
as one of them and then try your next
3950
02:12:31,760 --> 02:12:33,920
idea. And if you are in that rocky cut
3951
02:12:33,920 --> 02:12:36,480
scene and you're two months in, three
3952
02:12:36,480 --> 02:12:38,480
months in, remember that the rocky cut
3953
02:12:38,480 --> 02:12:39,920
scene in the movie lasts a couple
3954
02:12:39,920 --> 02:12:42,079
seconds and the rocky cut scene in real
3955
02:12:42,079 --> 02:12:44,079
life might last a few years. And so
3956
02:12:44,079 --> 02:12:45,679
whenever I get to a low point where I
3957
02:12:45,679 --> 02:12:47,360
think, why do I even bother doing this?
3958
02:12:47,360 --> 02:12:49,520
I just like to remind myself this is
3959
02:12:49,520 --> 02:12:51,440
where most people stop and this is why
3960
02:12:51,440 --> 02:12:53,199
they don't win. And as hard as this is
3961
02:12:53,199 --> 02:12:55,280
going to sound, the best thing that I
3962
02:12:55,280 --> 02:12:56,719
ever did was not listen to other
3963
02:12:56,719 --> 02:12:58,719
people's opinions about my life. They
3964
02:12:58,719 --> 02:13:01,040
don't want the best version of you. They
3965
02:13:01,040 --> 02:13:03,040
want the version of you who best serves
3966
02:13:03,040 --> 02:13:06,639
them. And unfortunately, the closer
3967
02:13:06,639 --> 02:13:08,560
people are to you, the more similarly
3968
02:13:08,560 --> 02:13:10,480
they'll see themselves and you. And the
3969
02:13:10,480 --> 02:13:12,400
more your success will make them feel
3970
02:13:12,400 --> 02:13:14,159
bad about themselves. And I can promise
3971
02:13:14,159 --> 02:13:15,520
you this from somebody who might be a
3972
02:13:15,520 --> 02:13:17,520
little further. I have more people who
3973
02:13:17,520 --> 02:13:19,280
root for me now that I've already won
3974
02:13:19,280 --> 02:13:20,880
than people who rooted for me along the
3975
02:13:20,880 --> 02:13:23,199
way. No one is doing as well as you
3976
02:13:23,199 --> 02:13:26,159
think they're doing. So by comparison,
3977
02:13:26,159 --> 02:13:28,079
everyone is better off than they think
3978
02:13:28,079 --> 02:13:30,639
because the cumulative median visually
3979
02:13:30,639 --> 02:13:32,960
is probably three times higher than what
3980
02:13:32,960 --> 02:13:34,719
the actual median is. And so if you're
3981
02:13:34,719 --> 02:13:36,960
like, "Oh, I'm average or slightly below
3982
02:13:36,960 --> 02:13:39,040
average compared to the perceived median
3983
02:13:39,040 --> 02:13:40,960
of society. You're probably way above
3984
02:13:40,960 --> 02:13:44,079
average." And that's okay. And being
3985
02:13:44,079 --> 02:13:45,679
above or below average doesn't even
3986
02:13:45,679 --> 02:13:48,480
matter anyways because you've got a lot
3987
02:13:48,480 --> 02:13:50,159
of innings left. there's a lot of
3988
02:13:50,159 --> 02:13:52,320
quarters left to play. And so like until
3989
02:13:52,320 --> 02:13:54,800
the day you die, you still have hope.
3990
02:13:54,800 --> 02:13:55,920
You still have a chance. You can still
3991
02:13:55,920 --> 02:13:57,280
keep moving forward. Whenever someone
3992
02:13:57,280 --> 02:13:58,639
gives you your their opinion about what
3993
02:13:58,639 --> 02:14:00,079
you should do with their your life, it's
3994
02:14:00,079 --> 02:14:01,679
really them saying, "This is my
3995
02:14:01,679 --> 02:14:03,199
preference of how I want to live my
3996
02:14:03,199 --> 02:14:05,440
life." And I say, "Great. Live your life
3997
02:14:05,440 --> 02:14:06,880
that way and I'll live my life this
3998
02:14:06,880 --> 02:14:09,599
way." Because me living my life has no
3999
02:14:09,599 --> 02:14:11,520
effect on you. So live your life the way
4000
02:14:11,520 --> 02:14:12,560
you want to live it. And I don't want
4001
02:14:12,560 --> 02:14:14,880
your life either. They state make those
4002
02:14:14,880 --> 02:14:16,079
statements because they feel
4003
02:14:16,079 --> 02:14:18,560
uncomfortable and so they have to like
4004
02:14:18,560 --> 02:14:20,320
release it and so they say that to you
4005
02:14:20,320 --> 02:14:22,719
to make themselves feel better and
4006
02:14:22,719 --> 02:14:24,480
that's their problem not yours. I think
4007
02:14:24,480 --> 02:14:26,320
I've learned a lot of frames around not
4008
02:14:26,320 --> 02:14:28,079
caring about others people's opinions be
4009
02:14:28,079 --> 02:14:30,239
out of necessity because I was so
4010
02:14:30,239 --> 02:14:32,000
crippled by the opinions of other people
4011
02:14:32,000 --> 02:14:34,960
for what felt like such a long time that
4012
02:14:34,960 --> 02:14:37,040
I always had to face my death in order
4013
02:14:37,040 --> 02:14:38,639
to get myself to move. And so I talk
4014
02:14:38,639 --> 02:14:40,159
about death a lot because it has
4015
02:14:40,159 --> 02:14:41,360
actually been one of the few things that
4016
02:14:41,360 --> 02:14:42,880
actually motivates me to change my
4017
02:14:42,880 --> 02:14:45,360
behavior. And so when I had done all the
4018
02:14:45,360 --> 02:14:46,880
things that I thought would impress
4019
02:14:46,880 --> 02:14:48,800
other people, one, I realized that they
4020
02:14:48,800 --> 02:14:51,360
didn't really care. And secondly, I
4021
02:14:51,360 --> 02:14:53,040
realized that I deeply cared about how
4022
02:14:53,040 --> 02:14:55,119
much I hated my life. When I was like,
4023
02:14:55,119 --> 02:14:56,880
is this what winning feels like? Because
4024
02:14:56,880 --> 02:14:58,639
if this is what winning is, then I don't
4025
02:14:58,639 --> 02:15:00,800
want to play. By thinking, I'd rather be
4026
02:15:00,800 --> 02:15:03,440
dead than continue to play this game. I
4027
02:15:03,440 --> 02:15:04,800
was forced to change the game I was
4028
02:15:04,800 --> 02:15:05,840
playing, which is like, well, what is a
4029
02:15:05,840 --> 02:15:07,679
game that I would like to win at? Well,
4030
02:15:07,679 --> 02:15:10,079
I'd like to win a game that is by rules
4031
02:15:10,079 --> 02:15:11,520
that I set out and there are things that
4032
02:15:11,520 --> 02:15:14,159
I can control. And then those people
4033
02:15:14,159 --> 02:15:15,920
because you break their mold of what
4034
02:15:15,920 --> 02:15:16,880
they're supposed to be doing and they
4035
02:15:16,880 --> 02:15:18,480
might be miserable, too, but they are
4036
02:15:18,480 --> 02:15:19,760
not willing to take the risk that you're
4037
02:15:19,760 --> 02:15:20,960
willing to take because they care about
4038
02:15:20,960 --> 02:15:22,239
other people's opinions more than you do
4039
02:15:22,239 --> 02:15:23,199
because they haven't gone through that
4040
02:15:23,199 --> 02:15:24,159
little journey that you just went
4041
02:15:24,159 --> 02:15:26,880
through. Fine. You do it your way. They
4042
02:15:26,880 --> 02:15:28,400
do it their way. I mean, I went from
4043
02:15:28,400 --> 02:15:30,239
prodigal son, my father's super proud of
4044
02:15:30,239 --> 02:15:31,599
me, graduating Vanderbilt in three
4045
02:15:31,599 --> 02:15:32,880
years, president of the fraternity, vice
4046
02:15:32,880 --> 02:15:34,079
president of the powerlifting team,
4047
02:15:34,079 --> 02:15:37,119
management consultant, to a minimum wage
4048
02:15:37,119 --> 02:15:38,480
employee. Like, that's a pretty
4049
02:15:38,480 --> 02:15:40,719
significant drop in status. I have these
4050
02:15:40,719 --> 02:15:42,880
frames because people will say whatever
4051
02:15:42,880 --> 02:15:44,159
they want, but for me, that relative
4052
02:15:44,159 --> 02:15:46,800
drop in status was a lot. I went from
4053
02:15:46,800 --> 02:15:48,719
about as high status as you can get in a
4054
02:15:48,719 --> 02:15:51,760
as a 22-year-old to about as low status
4055
02:15:51,760 --> 02:15:53,199
as you can get. I mean, I remember
4056
02:15:53,199 --> 02:15:54,400
having people be like, "So, did you go
4057
02:15:54,400 --> 02:15:57,440
to college?" And I was like, "Yeah, I
4058
02:15:57,440 --> 02:15:59,040
went to college and I [ __ ] murdered
4059
02:15:59,040 --> 02:16:00,800
it and I did everything." And the cuz
4060
02:16:00,800 --> 02:16:02,000
the implied question is, "Why are you
4061
02:16:02,000 --> 02:16:04,320
here?" And so that's what in the
4062
02:16:04,320 --> 02:16:06,800
beginning hurt a ton. But then I just
4063
02:16:06,800 --> 02:16:08,239
realized that they just didn't know and
4064
02:16:08,239 --> 02:16:10,079
they were asking genuinely. And all of
4065
02:16:10,079 --> 02:16:11,840
my judgment around that was just my own
4066
02:16:11,840 --> 02:16:13,440
problem. How I'm perceiving this
4067
02:16:13,440 --> 02:16:15,840
question is affecting my mood to such a
4068
02:16:15,840 --> 02:16:17,520
great degree. What if I applied this to
4069
02:16:17,520 --> 02:16:18,800
every question? All these people are
4070
02:16:18,800 --> 02:16:20,079
asking me things and I'm either getting
4071
02:16:20,079 --> 02:16:21,360
offended or getting complimented, but
4072
02:16:21,360 --> 02:16:23,280
the statement doesn't change. So that
4073
02:16:23,280 --> 02:16:25,119
sounds like a me problem. And so the
4074
02:16:25,119 --> 02:16:26,639
more I started diving into things like
4075
02:16:26,639 --> 02:16:28,639
that, the less bothered I became by
4076
02:16:28,639 --> 02:16:30,000
other everyone else's opinion because
4077
02:16:30,000 --> 02:16:32,080
they also have no context. Even if they
4078
02:16:32,080 --> 02:16:34,719
did mean it as an insult, so what if
4079
02:16:34,719 --> 02:16:35,760
they're saying, "Well, I'm better than
4080
02:16:35,760 --> 02:16:37,920
you." I'd be like, "Yes, you are." A lot
4081
02:16:37,920 --> 02:16:40,160
of even really successful people frame
4082
02:16:40,160 --> 02:16:41,760
their success around trying to prove
4083
02:16:41,760 --> 02:16:43,920
someone wrong, right? But when you try
4084
02:16:43,920 --> 02:16:46,319
and create your entire existence in
4085
02:16:46,319 --> 02:16:48,000
opposition to someone, you actually give
4086
02:16:48,000 --> 02:16:49,599
them complete control over your life. It
4087
02:16:49,599 --> 02:16:50,719
means that because of the things that
4088
02:16:50,719 --> 02:16:52,000
this person has said, I will choose to
4089
02:16:52,000 --> 02:16:53,840
change all of my behavior. Which
4090
02:16:53,840 --> 02:16:55,120
basically means that the directives from
4091
02:16:55,120 --> 02:16:56,960
that person have commanded you to do
4092
02:16:56,960 --> 02:16:58,880
whatever you do. And if you like to be a
4093
02:16:58,880 --> 02:17:00,399
free person and want to be somebody who
4094
02:17:00,399 --> 02:17:03,359
acts of their own valition, then I
4095
02:17:03,359 --> 02:17:06,719
choose to accept insults so that I can
4096
02:17:06,719 --> 02:17:08,080
live my life rather than living in
4097
02:17:08,080 --> 02:17:09,679
contrast to them and giving my control
4098
02:17:09,679 --> 02:17:11,519
to the person who insulted me. I that
4099
02:17:11,519 --> 02:17:14,399
would mean I put me changing your mind
4100
02:17:14,399 --> 02:17:16,399
above my goals, which I don't do. My
4101
02:17:16,399 --> 02:17:17,840
goals are more important to me than
4102
02:17:17,840 --> 02:17:19,679
changing your mind. I'm super sensitive
4103
02:17:19,679 --> 02:17:21,439
to IM statements, labeling statements
4104
02:17:21,439 --> 02:17:23,599
like this. Like, I'm a neat freak. I'm
4105
02:17:23,599 --> 02:17:25,359
the type of person who. So, whenever
4106
02:17:25,359 --> 02:17:26,399
you're dating someone, you're getting to
4107
02:17:26,399 --> 02:17:28,319
know someone, people like to blanket I
4108
02:17:28,319 --> 02:17:30,000
am statements really early on to set the
4109
02:17:30,000 --> 02:17:31,439
stage. Like, I'm this type I'm the type
4110
02:17:31,439 --> 02:17:32,880
of person who likes to show up early. I
4111
02:17:32,880 --> 02:17:34,559
like to clean things. I'm a labeler. I'm
4112
02:17:34,559 --> 02:17:36,319
a whatever. And then, and this is the
4113
02:17:36,319 --> 02:17:39,200
insidious part, they then say because,
4114
02:17:39,200 --> 02:17:41,120
and then they insert a reason that they
4115
02:17:41,120 --> 02:17:42,880
made up or that sounded good in the past
4116
02:17:42,880 --> 02:17:44,479
and people nodded their heads and agreed
4117
02:17:44,479 --> 02:17:47,040
with because my mom never loved me
4118
02:17:47,040 --> 02:17:48,719
enough. because I didn't get enough
4119
02:17:48,719 --> 02:17:51,200
hugs, because I gave a speech once and
4120
02:17:51,200 --> 02:17:53,439
everyone laughed at me. Because you
4121
02:17:53,439 --> 02:17:55,519
don't know. And the reality is you will
4122
02:17:55,519 --> 02:17:57,679
never know. All we know is that you do a
4123
02:17:57,679 --> 02:17:59,760
certain type of behavior. That's it. By
4124
02:17:59,760 --> 02:18:01,760
giving these because statements all this
4125
02:18:01,760 --> 02:18:04,080
power, you actually put all the power
4126
02:18:04,080 --> 02:18:05,679
into something that is unchangeable in
4127
02:18:05,679 --> 02:18:07,200
the past and so you have to keep dealing
4128
02:18:07,200 --> 02:18:09,359
with it. Whereas, if you just said, I do
4129
02:18:09,359 --> 02:18:12,240
these things period. Now, if I want to
4130
02:18:12,240 --> 02:18:13,599
change what I do, then I should just
4131
02:18:13,599 --> 02:18:14,960
reward myself in the present for doing
4132
02:18:14,960 --> 02:18:16,080
something different. And that makes it a
4133
02:18:16,080 --> 02:18:17,679
lot more malleable and it makes your
4134
02:18:17,679 --> 02:18:19,840
identity and what you do as a result or
4135
02:18:19,840 --> 02:18:21,439
rather what you do and your identity as
4136
02:18:21,439 --> 02:18:23,200
a result something under your control.
4137
02:18:23,200 --> 02:18:24,319
You don't want to blame the things in
4138
02:18:24,319 --> 02:18:25,920
the past that you can't change. You want
4139
02:18:25,920 --> 02:18:27,359
to blame things in the present that you
4140
02:18:27,359 --> 02:18:29,439
can't. So if you said I have trouble
4141
02:18:29,439 --> 02:18:31,280
getting close to girls because my mom
4142
02:18:31,280 --> 02:18:34,479
and I aren't close one, you give your
4143
02:18:34,479 --> 02:18:37,359
mother all the power in your love life.
4144
02:18:37,359 --> 02:18:38,479
You give power to something that
4145
02:18:38,479 --> 02:18:39,599
happened in the past that you can't
4146
02:18:39,599 --> 02:18:41,120
change to things that are happening in
4147
02:18:41,120 --> 02:18:42,800
the present that you can change. And so
4148
02:18:42,800 --> 02:18:44,719
would it be more useful to say in the
4149
02:18:44,719 --> 02:18:47,359
past I have struggled to get close to
4150
02:18:47,359 --> 02:18:50,479
girls period. Now that could be for a
4151
02:18:50,479 --> 02:18:52,479
number of reasons. Thing is is that you
4152
02:18:52,479 --> 02:18:54,160
don't know what reason it is cuz I could
4153
02:18:54,160 --> 02:18:56,080
say let's say imagine all these things
4154
02:18:56,080 --> 02:18:57,599
happened. You struggled with your mom.
4155
02:18:57,599 --> 02:18:59,439
Let's say you had a bad breakup at some
4156
02:18:59,439 --> 02:19:01,439
point in your life. You're not in shape.
4157
02:19:01,439 --> 02:19:03,359
I could say I struggle getting close to
4158
02:19:03,359 --> 02:19:05,200
girls. And I could use any of those
4159
02:19:05,200 --> 02:19:07,679
three as my reasons. But which of those
4160
02:19:07,679 --> 02:19:10,880
serve me? None of them. All we know is
4161
02:19:10,880 --> 02:19:13,040
that you struggle to get close to girls.
4162
02:19:13,040 --> 02:19:15,359
Okay. Well, then just look at what it
4163
02:19:15,359 --> 02:19:17,040
would take to get close to girls and
4164
02:19:17,040 --> 02:19:19,040
then do that rather than having this
4165
02:19:19,040 --> 02:19:20,960
other thing that's attached to the
4166
02:19:20,960 --> 02:19:22,559
behavior that you can't do anything
4167
02:19:22,559 --> 02:19:24,479
about. It just makes changing who you
4168
02:19:24,479 --> 02:19:26,319
are and what you do a lot easier.
4169
02:19:26,319 --> 02:19:28,559
Sometimes people are such douchebags.
4170
02:19:28,559 --> 02:19:30,639
They will tell a young child, "You will
4171
02:19:30,639 --> 02:19:31,840
never have a successful relationship
4172
02:19:31,840 --> 02:19:33,120
with a woman because you don't respect
4173
02:19:33,120 --> 02:19:35,679
or love me." A mother. Or the reverse
4174
02:19:35,679 --> 02:19:37,200
could be true of a father. They're a
4175
02:19:37,200 --> 02:19:38,800
[ __ ] douchebag for saying that
4176
02:19:38,800 --> 02:19:41,439
because they are labeling you with
4177
02:19:41,439 --> 02:19:43,040
something that you can't change. But
4178
02:19:43,040 --> 02:19:45,519
that's their problem. It also is no
4179
02:19:45,519 --> 02:19:46,960
basis. In fact, when people are like,
4180
02:19:46,960 --> 02:19:49,200
"Look at how the son treats the mother.
4181
02:19:49,200 --> 02:19:50,880
That's how he's going to treat his
4182
02:19:50,880 --> 02:19:52,720
wife." Why the [ __ ] would I treat my
4183
02:19:52,720 --> 02:19:55,520
wife like I treat my mother? Dear God,
4184
02:19:55,520 --> 02:19:57,200
that's just a statement that sounds good
4185
02:19:57,200 --> 02:19:59,520
but has no basis in fact. You treat your
4186
02:19:59,520 --> 02:20:00,720
wife like you treat your wife. You treat
4187
02:20:00,720 --> 02:20:01,920
your mother like you treat your mother.
4188
02:20:01,920 --> 02:20:03,600
They're different people. People want to
4189
02:20:03,600 --> 02:20:05,200
have problems because it gives them a
4190
02:20:05,200 --> 02:20:08,080
reason to suck and it be okay. It gives
4191
02:20:08,080 --> 02:20:09,920
them ego padding so they can protect
4192
02:20:09,920 --> 02:20:11,760
themselves for the reason why they're
4193
02:20:11,760 --> 02:20:13,359
not successful, for the reason they
4194
02:20:13,359 --> 02:20:14,880
haven't accomplished what they said they
4195
02:20:14,880 --> 02:20:16,160
were going to accomplish. And so they
4196
02:20:16,160 --> 02:20:18,160
lean on their potential, and their
4197
02:20:18,160 --> 02:20:20,080
trauma as the two reasons that people
4198
02:20:20,080 --> 02:20:22,160
prop up. I've got lots of potential, but
4199
02:20:22,160 --> 02:20:23,760
I have all this trauma. And neither of
4200
02:20:23,760 --> 02:20:25,280
those matter. I've gone through three
4201
02:20:25,280 --> 02:20:27,200
stages of like mental development in
4202
02:20:27,200 --> 02:20:29,040
terms of how I see changing my behavior.
4203
02:20:29,040 --> 02:20:30,479
In the beginning, I attributed my
4204
02:20:30,479 --> 02:20:33,200
behavior to my past traumas. The second
4205
02:20:33,200 --> 02:20:35,120
phase was that I I chose to change the
4206
02:20:35,120 --> 02:20:37,520
story. What if my mother was just trying
4207
02:20:37,520 --> 02:20:39,040
to feel better and it wasn't my fault.
4208
02:20:39,040 --> 02:20:40,720
So then I changed my behavior in that
4209
02:20:40,720 --> 02:20:42,319
sense. The third phase, which is where
4210
02:20:42,319 --> 02:20:43,520
I'm at now, maybe there'll be a fourth
4211
02:20:43,520 --> 02:20:45,680
phase, but the the third phase was I
4212
02:20:45,680 --> 02:20:47,520
behave this way, period. The because
4213
02:20:47,520 --> 02:20:48,800
statement in the second half is
4214
02:20:48,800 --> 02:20:51,120
completely irrelevant. One, because I
4215
02:20:51,120 --> 02:20:52,160
don't know it. Two, because I can't
4216
02:20:52,160 --> 02:20:53,439
change it. So I might as well just
4217
02:20:53,439 --> 02:20:54,560
choose to do the thing that I want to
4218
02:20:54,560 --> 02:20:56,720
do. Irrelevant of my past. The single
4219
02:20:56,720 --> 02:20:58,800
strongest predictor of my behavior is
4220
02:20:58,800 --> 02:21:00,560
what will make the more epic story. I've
4221
02:21:00,560 --> 02:21:02,560
thought about that frame a lot and it's
4222
02:21:02,560 --> 02:21:04,319
still continued to win out. And so when
4223
02:21:04,319 --> 02:21:06,399
I'm forced to make a decision between
4224
02:21:06,399 --> 02:21:08,640
two things, I prefer to choose the one
4225
02:21:08,640 --> 02:21:10,000
that's the more epic story because
4226
02:21:10,000 --> 02:21:11,520
either you have an epic story of failure
4227
02:21:11,520 --> 02:21:13,439
or you have an epic story of success.
4228
02:21:13,439 --> 02:21:15,359
But no 85year-olds are regretting their
4229
02:21:15,359 --> 02:21:16,880
epic stories. They are regretting the
4230
02:21:16,880 --> 02:21:18,560
stories they never told. Our minds are
4231
02:21:18,560 --> 02:21:19,920
meaning-making machines and they have to
4232
02:21:19,920 --> 02:21:21,280
be because they create associations
4233
02:21:21,280 --> 02:21:22,479
between things we know and things we
4234
02:21:22,479 --> 02:21:24,240
don't know. That's how we learn. The
4235
02:21:24,240 --> 02:21:25,760
problem is that our brains will make
4236
02:21:25,760 --> 02:21:27,520
wrong associations and then they will
4237
02:21:27,520 --> 02:21:28,800
plague us for the rest of our lives. But
4238
02:21:28,800 --> 02:21:30,000
we can just redefine what the
4239
02:21:30,000 --> 02:21:31,520
association means for ourel to make our
4240
02:21:31,520 --> 02:21:33,120
lives easier. Because whether you miss
4241
02:21:33,120 --> 02:21:34,479
the game-winning shot when there's a
4242
02:21:34,479 --> 02:21:36,000
huge crowd or you miss it when no one
4243
02:21:36,000 --> 02:21:38,160
else is there, the only reason it hurts
4244
02:21:38,160 --> 02:21:39,439
more is because you choose to let it
4245
02:21:39,439 --> 02:21:40,640
hurt you more. Now, there are things
4246
02:21:40,640 --> 02:21:41,600
that you can do prior to the
4247
02:21:41,600 --> 02:21:42,800
game-winning shot that can increase the
4248
02:21:42,800 --> 02:21:44,080
likelihood that you make it, which is
4249
02:21:44,080 --> 02:21:45,520
that you practice way more in high
4250
02:21:45,520 --> 02:21:47,040
stakes conditions over and over and over
4251
02:21:47,040 --> 02:21:48,560
again. If you do that, it increases the
4252
02:21:48,560 --> 02:21:50,399
likelihood, your confidence that you'll
4253
02:21:50,399 --> 02:21:51,600
be able to make it. Why? Because you've
4254
02:21:51,600 --> 02:21:53,040
made them before. And if you're like,
4255
02:21:53,040 --> 02:21:54,240
well, I missed my first ever
4256
02:21:54,240 --> 02:21:56,319
game-winning shot. Now, what do I do?
4257
02:21:56,319 --> 02:21:57,439
But you practice in every other
4258
02:21:57,439 --> 02:21:58,800
condition that's as close to that as you
4259
02:21:58,800 --> 02:22:00,240
can until eventually you make one. And
4260
02:22:00,240 --> 02:22:01,200
then when you do make one, you'll have
4261
02:22:01,200 --> 02:22:02,080
evidence that you've made one and you
4262
02:22:02,080 --> 02:22:03,359
try and make one again. What you
4263
02:22:03,359 --> 02:22:04,399
probably don't know is that Michael
4264
02:22:04,399 --> 02:22:06,160
Jordan has missed more game-winning
4265
02:22:06,160 --> 02:22:07,600
shots than he has made. But he's
4266
02:22:07,600 --> 02:22:09,040
remembered for the ones that he made.
4267
02:22:09,040 --> 02:22:10,560
But how was he able to make them? By
4268
02:22:10,560 --> 02:22:11,920
missing and being willing to shoot
4269
02:22:11,920 --> 02:22:14,160
again. On that basis of story, the many
4270
02:22:14,160 --> 02:22:15,840
excuses that we give ourselves in
4271
02:22:15,840 --> 02:22:18,640
reverse can make a more epic story. And
4272
02:22:18,640 --> 02:22:20,240
so rather than say like these are all
4273
02:22:20,240 --> 02:22:22,319
the reasons that I can't succeed, I
4274
02:22:22,319 --> 02:22:24,160
think reframing that as these are all
4275
02:22:24,160 --> 02:22:25,920
the reasons that when I succeed it'll be
4276
02:22:25,920 --> 02:22:28,080
an even better story and it'll be more
4277
02:22:28,080 --> 02:22:29,600
inspiring to other people is a much more
4278
02:22:29,600 --> 02:22:31,280
powerful frame. The more disadvantages
4279
02:22:31,280 --> 02:22:32,640
you have when you start, the more epic
4280
02:22:32,640 --> 02:22:34,160
story you have when you win. Donald
4281
02:22:34,160 --> 02:22:35,359
Miller has one of the most powerful
4282
02:22:35,359 --> 02:22:37,280
frames of heroes and villains I've ever
4283
02:22:37,280 --> 02:22:39,200
heard of. Heroes and villains always
4284
02:22:39,200 --> 02:22:41,120
have the same backstory. It's pain.
4285
02:22:41,120 --> 02:22:43,120
They're always an orphan, right? Or the
4286
02:22:43,120 --> 02:22:44,319
the villain has some sort of
4287
02:22:44,319 --> 02:22:46,240
disfigurement to show that they went
4288
02:22:46,240 --> 02:22:48,800
through hard times. The difference is
4289
02:22:48,800 --> 02:22:50,800
what the character chooses to do about
4290
02:22:50,800 --> 02:22:53,600
it. Villains say, "The world hurt me.
4291
02:22:53,600 --> 02:22:55,600
I'm going to hurt it back." Heroes say,
4292
02:22:55,600 --> 02:22:57,359
"The world hurt me. I'm not going to let
4293
02:22:57,359 --> 02:22:59,760
anyone else hurt this way." So, heroes
4294
02:22:59,760 --> 02:23:02,399
use pain. Villains are used by it. And
4295
02:23:02,399 --> 02:23:03,680
so, I think all of us have the choice to
4296
02:23:03,680 --> 02:23:05,120
become our own heroes, our own villains
4297
02:23:05,120 --> 02:23:07,840
in our own life simply by how we choose
4298
02:23:07,840 --> 02:23:09,120
to deal with the pain that we all
4299
02:23:09,120 --> 02:23:11,600
inevitably experience. So, pain is a
4300
02:23:11,600 --> 02:23:13,760
constant. The choice about how we react
4301
02:23:13,760 --> 02:23:15,680
to it is the thing that dictates the
4302
02:23:15,680 --> 02:23:17,280
path of our lives. You know, there there
4303
02:23:17,280 --> 02:23:19,280
are certain rules of playing the game
4304
02:23:19,280 --> 02:23:21,920
that have served me really well. One of
4305
02:23:21,920 --> 02:23:25,600
them is, and that's okay. And I probably
4306
02:23:25,600 --> 02:23:28,319
use that frame more than anything else,
4307
02:23:28,319 --> 02:23:32,080
which is I'm not close with XYZ
4308
02:23:32,080 --> 02:23:34,319
relative, your parent, your mom, your
4309
02:23:34,319 --> 02:23:37,200
sister, your brother. And that's okay. I
4310
02:23:37,200 --> 02:23:39,520
spent a lot of my mental effort trying
4311
02:23:39,520 --> 02:23:41,680
to untangle stories that I told in the
4312
02:23:41,680 --> 02:23:43,120
past about things that were my fault or
4313
02:23:43,120 --> 02:23:45,040
were a problem. And the easiest way that
4314
02:23:45,040 --> 02:23:46,560
I found to solve problems is to decide
4315
02:23:46,560 --> 02:23:47,920
they're not problems to begin with. I
4316
02:23:47,920 --> 02:23:49,760
have a handful of pictures that I took
4317
02:23:49,760 --> 02:23:52,720
for the first 5 years of sucking during
4318
02:23:52,720 --> 02:23:55,600
business. And I use those pictures all
4319
02:23:55,600 --> 02:23:59,439
the time, every day. And the zillions of
4320
02:23:59,439 --> 02:24:01,920
pictures after I became successful, I
4321
02:24:01,920 --> 02:24:04,000
barely use any of them. The time to
4322
02:24:04,000 --> 02:24:06,640
document your life is when it sucks, not
4323
02:24:06,640 --> 02:24:08,720
when it's great. Because those are the
4324
02:24:08,720 --> 02:24:10,399
stories that you're going to tell. And
4325
02:24:10,399 --> 02:24:11,680
those are going to be the reminders that
4326
02:24:11,680 --> 02:24:13,760
you use in the present day of things
4327
02:24:13,760 --> 02:24:15,840
that you have been through and proof as
4328
02:24:15,840 --> 02:24:17,439
to who you really are. Because my
4329
02:24:17,439 --> 02:24:20,640
favorite line in the matrix is in the
4330
02:24:20,640 --> 02:24:22,880
second or third matrix when Morpheus is
4331
02:24:22,880 --> 02:24:24,080
standing on the hill and he's looking
4332
02:24:24,080 --> 02:24:25,840
out towards everyone. And he said, "I
4333
02:24:25,840 --> 02:24:28,319
stand here truthfully unafraid, not
4334
02:24:28,319 --> 02:24:30,080
because of the path that lies before me,
4335
02:24:30,080 --> 02:24:31,680
but because of the path that lies behind
4336
02:24:31,680 --> 02:24:33,840
me." And so the struggle period that you
4337
02:24:33,840 --> 02:24:36,720
may be in right now is the path behind
4338
02:24:36,720 --> 02:24:39,120
your future self that you are building.
4339
02:24:39,120 --> 02:24:41,359
so that that man or that woman can stand
4340
02:24:41,359 --> 02:24:43,359
on the pulpit and look at you straight
4341
02:24:43,359 --> 02:24:44,880
dead in the eyes in the mirror and say,
4342
02:24:44,880 --> 02:24:47,040
"I am confident and I stand truthfully
4343
02:24:47,040 --> 02:24:49,040
here unafraid, not because of what I
4344
02:24:49,040 --> 02:24:50,800
said my goal is going to be, but because
4345
02:24:50,800 --> 02:24:52,240
what I've been through to get here." And
4346
02:24:52,240 --> 02:24:54,319
so, here's my advice to my younger self.
4347
02:24:54,319 --> 02:24:56,399
Document your life more. Otherwise,
4348
02:24:56,399 --> 02:24:57,920
you'll forget the details. And the
4349
02:24:57,920 --> 02:24:59,359
details are what make it worth
4350
02:24:59,359 --> 02:25:00,800
remembering. It's the times you're
4351
02:25:00,800 --> 02:25:02,160
sleeping on the floor. It's the time the
4352
02:25:02,160 --> 02:25:03,439
person walks out and you miss the
4353
02:25:03,439 --> 02:25:05,280
seventh sale that day. It's the time
4354
02:25:05,280 --> 02:25:06,880
when your bank account's at its absolute
4355
02:25:06,880 --> 02:25:08,319
lowest. It's when your car breaks down
4356
02:25:08,319 --> 02:25:09,200
on the side of the road and you're like,
4357
02:25:09,200 --> 02:25:10,479
"What am I going to do now? I can barely
4358
02:25:10,479 --> 02:25:12,160
afford this." Right? Those are the
4359
02:25:12,160 --> 02:25:13,439
moments, the ones that you want to
4360
02:25:13,439 --> 02:25:14,560
ignore, the ones that you want to look
4361
02:25:14,560 --> 02:25:15,760
away from, that are the ones that you
4362
02:25:15,760 --> 02:25:17,120
need to capture because those are the
4363
02:25:17,120 --> 02:25:18,800
moments that you will tell in the future
4364
02:25:18,800 --> 02:25:21,120
of things you got through. Because no
4365
02:25:21,120 --> 02:25:23,439
heroes are heroes without epic monsters.
4366
02:25:23,439 --> 02:25:24,880
And the bigger the monster, the greater
4367
02:25:24,880 --> 02:25:26,720
the hero. When I was poor, I didn't need
4368
02:25:26,720 --> 02:25:28,319
motivation. I needed someone to give me
4369
02:25:28,319 --> 02:25:30,399
tactical advice. If I could talk to my
4370
02:25:30,399 --> 02:25:32,560
younger poorer self, this is what I
4371
02:25:32,560 --> 02:25:34,560
would say. This is more brutally honest
4372
02:25:34,560 --> 02:25:36,399
advice to my younger poorer self. This
4373
02:25:36,399 --> 02:25:38,160
advice is only for somebody who wants to
4374
02:25:38,160 --> 02:25:39,760
make more money growing their business,
4375
02:25:39,760 --> 02:25:41,600
growing themselves. People obsessed with
4376
02:25:41,600 --> 02:25:43,120
their morning routines make less money
4377
02:25:43,120 --> 02:25:44,880
than people obsessed with making money.
4378
02:25:44,880 --> 02:25:47,359
People work, sacrifice, and then they
4379
02:25:47,359 --> 02:25:49,200
get rich. Then they fill their time with
4380
02:25:49,200 --> 02:25:51,359
weird routines. Then they forget how
4381
02:25:51,359 --> 02:25:53,120
they got rich in the first place. And
4382
02:25:53,120 --> 02:25:54,960
then they tell other people the weird
4383
02:25:54,960 --> 02:25:56,880
routines made them rich rather than what
4384
02:25:56,880 --> 02:25:58,800
they actually did, which is whatever it
4385
02:25:58,800 --> 02:26:01,520
took, not some 3-hour morning routine.
4386
02:26:01,520 --> 02:26:04,479
There was a kid who DM'd me who said,
4387
02:26:04,479 --> 02:26:06,160
"Hey, I've been working with this
4388
02:26:06,160 --> 02:26:08,640
business coach and he has me doing a
4389
02:26:08,640 --> 02:26:10,560
morning routine. Could not make this up.
4390
02:26:10,560 --> 02:26:12,880
After I do my grounded walking, I do my
4391
02:26:12,880 --> 02:26:15,760
gratitude journal. I do my list for the
4392
02:26:15,760 --> 02:26:17,760
day. I do my ice plunge." He's like,
4393
02:26:17,760 --> 02:26:19,200
"After I do that, it takes me about 3
4394
02:26:19,200 --> 02:26:20,240
hours in the morning to get all that
4395
02:26:20,240 --> 02:26:21,520
done." He's like, "I barely have any
4396
02:26:21,520 --> 02:26:23,040
energy to like actually get work done."
4397
02:26:23,040 --> 02:26:24,319
I just said, "I'm going to give you the
4398
02:26:24,319 --> 02:26:25,680
biggest hack in the world. Cut the
4399
02:26:25,680 --> 02:26:27,040
3-hour morning routine, replace it with
4400
02:26:27,040 --> 02:26:28,160
3 hours of work, and I promise you'll
4401
02:26:28,160 --> 02:26:29,840
get more done." And he messaged me back
4402
02:26:29,840 --> 02:26:31,120
a week later. He was like, "Dude, it
4403
02:26:31,120 --> 02:26:32,319
changed my whole life. I'm getting so
4404
02:26:32,319 --> 02:26:33,520
much done now." I was like, "What a
4405
02:26:33,520 --> 02:26:35,439
[ __ ] concept. If you work more, more
4406
02:26:35,439 --> 02:26:37,040
gets done." And I love just looking at
4407
02:26:37,040 --> 02:26:38,720
this. It's like, "What actions do I have
4408
02:26:38,720 --> 02:26:40,399
to take to get what I want?" Anything
4409
02:26:40,399 --> 02:26:42,240
that is not that is a distraction from
4410
02:26:42,240 --> 02:26:44,399
it, period. If it takes you 5 minutes to
4411
02:26:44,399 --> 02:26:46,080
feel 20% better, and you can actually
4412
02:26:46,080 --> 02:26:47,920
measure that your output goes up by 20%.
4413
02:26:47,920 --> 02:26:49,680
Then cool, that makes sense. So, I'm not
4414
02:26:49,680 --> 02:26:52,000
I'm not against doing things. I'm
4415
02:26:52,000 --> 02:26:53,359
against doing things for the sake of
4416
02:26:53,359 --> 02:26:55,040
doing them.
4417
02:26:55,040 --> 02:26:57,200
And so one of the biggest issues with
4418
02:26:57,200 --> 02:26:59,280
learning and education as humans do it
4419
02:26:59,280 --> 02:27:01,200
is that we make correlations to things
4420
02:27:01,200 --> 02:27:02,800
that are approximate. They're close to
4421
02:27:02,800 --> 02:27:04,000
one another. Tall people play
4422
02:27:04,000 --> 02:27:05,359
basketball. I should play basketball to
4423
02:27:05,359 --> 02:27:07,359
get tall. We make these very mistaken
4424
02:27:07,359 --> 02:27:09,120
correlations. But we should look at is
4425
02:27:09,120 --> 02:27:11,200
what it took to get there, not what
4426
02:27:11,200 --> 02:27:12,640
they're doing now. So the better advice
4427
02:27:12,640 --> 02:27:14,479
is to look at what someone was doing on
4428
02:27:14,479 --> 02:27:16,800
their way up in the grind. Mirror that
4429
02:27:16,800 --> 02:27:18,000
more than what they're currently doing
4430
02:27:18,000 --> 02:27:19,280
at the top of the mountain. So it would
4431
02:27:19,280 --> 02:27:20,800
be like assuming Warren Buffett is rich
4432
02:27:20,800 --> 02:27:22,880
because he drinks Coke. I drink probably
4433
02:27:22,880 --> 02:27:24,720
5 12 oz Cokes a day.
4434
02:27:24,720 --> 02:27:26,319
>> All you have to do also on the corlary
4435
02:27:26,319 --> 02:27:27,760
is are there other people who drink Coke
4436
02:27:27,760 --> 02:27:29,600
who aren't rich? I've had probably 10
4437
02:27:29,600 --> 02:27:32,560
different podcasts seed the premise. Do
4438
02:27:32,560 --> 02:27:33,600
you think that the fact that you had a
4439
02:27:33,600 --> 02:27:36,240
hard childhood has created the success
4440
02:27:36,240 --> 02:27:39,680
today? And I would say no. I would say
4441
02:27:39,680 --> 02:27:41,920
the work that I did created the success
4442
02:27:41,920 --> 02:27:43,840
and all we have to do is look at all the
4443
02:27:43,840 --> 02:27:46,240
other people who had bad childhoods who
4444
02:27:46,240 --> 02:27:47,760
aren't successful. And I think there are
4445
02:27:47,760 --> 02:27:48,960
way more of those than there are that
4446
02:27:48,960 --> 02:27:50,640
are to prove that it actually has
4447
02:27:50,640 --> 02:27:52,240
nothing to do with who's successful.
4448
02:27:52,240 --> 02:27:53,520
There's also people who didn't have bad
4449
02:27:53,520 --> 02:27:55,520
childhoods who are successful, too. And
4450
02:27:55,520 --> 02:27:57,920
so it's just that many people have bad
4451
02:27:57,920 --> 02:28:00,080
childhoods. Some of them become
4452
02:28:00,080 --> 02:28:01,840
successful. And so that's why trying to
4453
02:28:01,840 --> 02:28:03,840
figure out why something happened. I
4454
02:28:03,840 --> 02:28:05,680
have spent less and less of my effort
4455
02:28:05,680 --> 02:28:08,479
trying to do that and only look at what
4456
02:28:08,479 --> 02:28:11,520
actions created a result rather than
4457
02:28:11,520 --> 02:28:13,280
looking at intention or anything else
4458
02:28:13,280 --> 02:28:16,399
that's amorphous that can't be measured.
4459
02:28:16,399 --> 02:28:19,200
30 isn't the new 20. It's an excuse to
4460
02:28:19,200 --> 02:28:20,720
take 10 years longer to accomplish the
4461
02:28:20,720 --> 02:28:22,160
same thing. You can die when you're
4462
02:28:22,160 --> 02:28:24,880
done. Until then, keep going. In your
4463
02:28:24,880 --> 02:28:27,120
20s, you're young. You can [ __ ] around.
4464
02:28:27,120 --> 02:28:28,880
It doesn't matter cuz life is long.
4465
02:28:28,880 --> 02:28:30,960
Number one, that assumes that you're not
4466
02:28:30,960 --> 02:28:32,560
going to die. If you're in your 30s, you
4467
02:28:32,560 --> 02:28:33,680
know someone in your high school class
4468
02:28:33,680 --> 02:28:34,960
who died. And it's not just the drug
4469
02:28:34,960 --> 02:28:37,200
overdose people. It's the people who got
4470
02:28:37,200 --> 02:28:38,720
shot, got in a car accident, had a weird
4471
02:28:38,720 --> 02:28:40,319
brain cancer. I've had all of those
4472
02:28:40,319 --> 02:28:41,840
things happened to people that I went to
4473
02:28:41,840 --> 02:28:43,040
high school with. In one way, I think
4474
02:28:43,040 --> 02:28:44,720
it's a little bit arrogant to assume
4475
02:28:44,720 --> 02:28:46,080
that you're just going to live because
4476
02:28:46,080 --> 02:28:47,520
it means you can waste your life. And I
4477
02:28:47,520 --> 02:28:49,280
I wholeheartedly stand against that. The
4478
02:28:49,280 --> 02:28:51,200
second translation around that that I
4479
02:28:51,200 --> 02:28:53,520
think has hurt a lot of people is that
4480
02:28:53,520 --> 02:28:55,600
they can do what I would consider
4481
02:28:55,600 --> 02:28:58,000
dead-end jobs. And that means jobs that
4482
02:28:58,000 --> 02:29:00,160
don't have any direct correlation to
4483
02:29:00,160 --> 02:29:01,920
your personal growth. Has nothing to do
4484
02:29:01,920 --> 02:29:03,680
with pay. You can work for free and grow
4485
02:29:03,680 --> 02:29:05,280
more than anyone else. This is not
4486
02:29:05,280 --> 02:29:06,479
saying that you need to go into a season
4487
02:29:06,479 --> 02:29:09,200
of earning in your 20s, but you do need
4488
02:29:09,200 --> 02:29:11,120
to be setting yourself up for growth. in
4489
02:29:11,120 --> 02:29:13,520
my opinion, if you want the big ultimate
4490
02:29:13,520 --> 02:29:15,600
outcome. And so most people that at
4491
02:29:15,600 --> 02:29:18,479
least consume my stuff, they want to be
4492
02:29:18,479 --> 02:29:20,240
better. They want to grow. They want to
4493
02:29:20,240 --> 02:29:21,359
get in better shape. They want to have
4494
02:29:21,359 --> 02:29:22,560
better relationships. They want to have
4495
02:29:22,560 --> 02:29:23,760
a better business. They want to be, you
4496
02:29:23,760 --> 02:29:24,960
know, bigger in every way. They want to
4497
02:29:24,960 --> 02:29:27,760
expand. If you spend the decade of your
4498
02:29:27,760 --> 02:29:31,040
20s not growing and not investing in
4499
02:29:31,040 --> 02:29:32,960
your skills and your education, if you
4500
02:29:32,960 --> 02:29:34,240
do that in your 30s, you're going to be
4501
02:29:34,240 --> 02:29:35,359
further behind than someone who starts
4502
02:29:35,359 --> 02:29:36,319
in their 20s. You're going to be a
4503
02:29:36,319 --> 02:29:37,680
decade behind. You know, nowadays
4504
02:29:37,680 --> 02:29:38,720
there's kids who are starting out the
4505
02:29:38,720 --> 02:29:39,680
entrepreneurial journey when they're
4506
02:29:39,680 --> 02:29:41,760
like 13. And so when they're 23, they're
4507
02:29:41,760 --> 02:29:44,479
Mr. Beast. He's young, but he's actually
4508
02:29:44,479 --> 02:29:46,479
pretty old in business terms because a
4509
02:29:46,479 --> 02:29:47,359
lot of people start their business
4510
02:29:47,359 --> 02:29:48,880
journey in their mid-40s. And so if
4511
02:29:48,880 --> 02:29:50,640
they're 50 years old and started their
4512
02:29:50,640 --> 02:29:52,399
business 5 years ago, Mr. Beast has
4513
02:29:52,399 --> 02:29:54,560
twice the amount of time in the ring
4514
02:29:54,560 --> 02:29:56,640
under the bar that they do. For me, I
4515
02:29:56,640 --> 02:29:59,200
want to start my time clock on paying
4516
02:29:59,200 --> 02:30:00,800
down my ignorance debt as fast as
4517
02:30:00,800 --> 02:30:02,399
humanly possible because the debt is a
4518
02:30:02,399 --> 02:30:03,920
constant for everyone. All of us are
4519
02:30:03,920 --> 02:30:05,359
trying to pay down that debt as fast as
4520
02:30:05,359 --> 02:30:07,760
we can. and taking a decade, arguably
4521
02:30:07,760 --> 02:30:09,120
one of the most productive decades of
4522
02:30:09,120 --> 02:30:10,960
your life, and not paying down that
4523
02:30:10,960 --> 02:30:13,520
debt, you just sit in such a deficit
4524
02:30:13,520 --> 02:30:15,120
compared to your peer group. Some people
4525
02:30:15,120 --> 02:30:16,960
might watch this and be 30 or 40 or 50
4526
02:30:16,960 --> 02:30:18,479
and be like, "Well, [ __ ] I took the
4527
02:30:18,479 --> 02:30:20,000
wrong advice from the wrong guy." Guess
4528
02:30:20,000 --> 02:30:21,200
what? You're going to die. It's not
4529
02:30:21,200 --> 02:30:22,560
going to matter anyways. Big deal.
4530
02:30:22,560 --> 02:30:24,479
Whatever. The best time to do this was
4531
02:30:24,479 --> 02:30:26,479
start when you were 10 and get born to
4532
02:30:26,479 --> 02:30:28,000
an entrepreneurial parent who got you in
4533
02:30:28,000 --> 02:30:29,920
their small business and invested in all
4534
02:30:29,920 --> 02:30:31,120
of your education as a homeschooled
4535
02:30:31,120 --> 02:30:32,800
student and taught you all the ways of
4536
02:30:32,800 --> 02:30:34,960
the of the Jedi.
4537
02:30:34,960 --> 02:30:36,399
But you probably didn't have that. And
4538
02:30:36,399 --> 02:30:38,080
so the second best time is to start now
4539
02:30:38,080 --> 02:30:39,520
because let's play out the alternative.
4540
02:30:39,520 --> 02:30:41,840
How much does it serve you to just say,
4541
02:30:41,840 --> 02:30:45,200
I guess I have no chance. Okay, die.
4542
02:30:45,200 --> 02:30:47,280
There's nothing left for me to do. I
4543
02:30:47,280 --> 02:30:49,200
will relinquish the remainder of my
4544
02:30:49,200 --> 02:30:51,439
living days and years because I choose
4545
02:30:51,439 --> 02:30:53,120
to lose. And that's a choice. And if you
4546
02:30:53,120 --> 02:30:54,880
want that, that's cool. The idea of
4547
02:30:54,880 --> 02:30:57,040
quitting simply because you're older,
4548
02:30:57,040 --> 02:30:58,800
because you didn't do something.
4549
02:30:58,800 --> 02:31:01,200
Everybody doesn't do things that they
4550
02:31:01,200 --> 02:31:03,840
know they should be doing now. And
4551
02:31:03,840 --> 02:31:05,359
that's because you're always going to
4552
02:31:05,359 --> 02:31:07,040
know more in the future than you do in
4553
02:31:07,040 --> 02:31:09,359
the past. And so it's a faulty premise
4554
02:31:09,359 --> 02:31:10,880
to say that I'm not going to take action
4555
02:31:10,880 --> 02:31:13,359
today because I didn't know something in
4556
02:31:13,359 --> 02:31:15,040
the past. Everyone doesn't know anything
4557
02:31:15,040 --> 02:31:16,800
in the past. But all you can do is take
4558
02:31:16,800 --> 02:31:18,640
action with what you know today. And by
4559
02:31:18,640 --> 02:31:20,640
taking action, you have learned. And so
4560
02:31:20,640 --> 02:31:22,560
you actually take one step to making
4561
02:31:22,560 --> 02:31:24,479
your first payment on ignorance debt
4562
02:31:24,479 --> 02:31:26,560
through actions, not words. I mean, I
4563
02:31:26,560 --> 02:31:27,840
think a lot of people know the story of
4564
02:31:27,840 --> 02:31:29,680
the 30-year-old barista. If you love
4565
02:31:29,680 --> 02:31:31,439
that, then do it. You know what I mean?
4566
02:31:31,439 --> 02:31:33,120
Like I have no judgment on what you do.
4567
02:31:33,120 --> 02:31:35,280
If you don't love that and you wish you
4568
02:31:35,280 --> 02:31:37,120
were doing something else, that's what I
4569
02:31:37,120 --> 02:31:38,479
would say I have a problem with, which
4570
02:31:38,479 --> 02:31:40,560
is why are you not doing it? And I think
4571
02:31:40,560 --> 02:31:42,080
diving into that, which is usually some
4572
02:31:42,080 --> 02:31:44,080
sort of fear, some sort of anxiety, some
4573
02:31:44,080 --> 02:31:46,000
sort of label that they believed that
4574
02:31:46,000 --> 02:31:47,920
isn't true from someone else, and just
4575
02:31:47,920 --> 02:31:50,000
trying to zone in on like why am I not
4576
02:31:50,000 --> 02:31:52,000
doing it? And taking two steps closer to
4577
02:31:52,000 --> 02:31:53,280
it, not just like because I don't know
4578
02:31:53,280 --> 02:31:55,200
what I'm doing. Well, duh. Okay, neither
4579
02:31:55,200 --> 02:31:56,560
does anyone. What are you doing about
4580
02:31:56,560 --> 02:31:58,240
that? Just defining it to what actions
4581
02:31:58,240 --> 02:31:59,520
am I going to take as a result? Just
4582
02:31:59,520 --> 02:32:00,640
makes life a lot easier. What does
4583
02:32:00,640 --> 02:32:01,920
figured out mean? means that I'm going
4584
02:32:01,920 --> 02:32:04,000
to read 2 hours a night on a specific
4585
02:32:04,000 --> 02:32:05,840
subject until I feel like I can make a
4586
02:32:05,840 --> 02:32:07,520
decision within 30 days on what I'm
4587
02:32:07,520 --> 02:32:09,520
going to do. Great. That is something I
4588
02:32:09,520 --> 02:32:10,640
can do and I can measure whether I did
4589
02:32:10,640 --> 02:32:12,479
it or not.
4590
02:32:12,479 --> 02:32:14,160
You have seasons of earning and you have
4591
02:32:14,160 --> 02:32:16,000
seasons of learning. I had this kid who
4592
02:32:16,000 --> 02:32:17,840
reached out. He was 18 years old. Said
4593
02:32:17,840 --> 02:32:19,680
he was going to edit videos for us. When
4594
02:32:19,680 --> 02:32:23,520
he came in, he said, "I want $100,000 a
4595
02:32:23,520 --> 02:32:26,240
year as an editor as a starting job."
4596
02:32:26,240 --> 02:32:29,120
His reasoning was that somebody else had
4597
02:32:29,120 --> 02:32:30,880
offered him that amount of money. I want
4598
02:32:30,880 --> 02:32:32,080
to make this statement because I think
4599
02:32:32,080 --> 02:32:34,319
it's logical and also stupid. If you're
4600
02:32:34,319 --> 02:32:36,479
optimizing for your earning potential in
4601
02:32:36,479 --> 02:32:38,720
your 20s, you're missing the [ __ ]
4602
02:32:38,720 --> 02:32:40,560
point. This individual had the potential
4603
02:32:40,560 --> 02:32:43,600
to be on a team that has a massively
4604
02:32:43,600 --> 02:32:45,920
globally recognized brand in terms of
4605
02:32:45,920 --> 02:32:49,439
media and from there learn how to be way
4606
02:32:49,439 --> 02:32:51,120
better than they currently are and then
4607
02:32:51,120 --> 02:32:53,200
become a creative director at another
4608
02:32:53,200 --> 02:32:54,960
company or at one of my portfolio
4609
02:32:54,960 --> 02:32:56,479
companies. like that is the career path
4610
02:32:56,479 --> 02:32:58,640
and instead was comparing that to
4611
02:32:58,640 --> 02:33:00,479
something that he would make $100,000 a
4612
02:33:00,479 --> 02:33:02,319
year and be the only person in the
4613
02:33:02,319 --> 02:33:03,920
department and no one there knew
4614
02:33:03,920 --> 02:33:05,760
anything about media and so he wasn't
4615
02:33:05,760 --> 02:33:08,560
going to learn, he was going to earn.
4616
02:33:08,560 --> 02:33:10,960
Whereas somebody who got into the big
4617
02:33:10,960 --> 02:33:13,280
leagues and learned 10 times the skill
4618
02:33:13,280 --> 02:33:15,840
set then 10 years later is either
4619
02:33:15,840 --> 02:33:17,280
starting a multi-million dollar company
4620
02:33:17,280 --> 02:33:19,200
or heading up a multi-million dollar
4621
02:33:19,200 --> 02:33:21,280
division in a billion dollar company.
4622
02:33:21,280 --> 02:33:23,120
and the potential is so much wider
4623
02:33:23,120 --> 02:33:24,479
because 10 years from now someone says
4624
02:33:24,479 --> 02:33:25,680
what's your experience? It's like well I
4625
02:33:25,680 --> 02:33:27,359
I worked at a real estate firm and I
4626
02:33:27,359 --> 02:33:29,680
made their social media content. Who
4627
02:33:29,680 --> 02:33:31,200
gives a [ __ ] Whereas if you're like I
4628
02:33:31,200 --> 02:33:32,160
worked for one of the biggest media
4629
02:33:32,160 --> 02:33:34,000
companies out there. Everyone will give
4630
02:33:34,000 --> 02:33:35,920
you the job offer. And that is when you
4631
02:33:35,920 --> 02:33:38,080
can choose to earn over learn. But
4632
02:33:38,080 --> 02:33:39,920
people make the trade too soon because
4633
02:33:39,920 --> 02:33:41,600
they compare themselves to people on
4634
02:33:41,600 --> 02:33:45,359
social media and think that the 00001%
4635
02:33:45,359 --> 02:33:48,000
is the norm. Whenever you choose to earn
4636
02:33:48,000 --> 02:33:49,760
rather than learn, you're right hooking
4637
02:33:49,760 --> 02:33:51,120
life and saying, "I'm no longer going to
4638
02:33:51,120 --> 02:33:52,399
develop and this is good enough." And
4639
02:33:52,399 --> 02:33:54,160
so, if a $100,000 a year is actually
4640
02:33:54,160 --> 02:33:55,439
good enough for your long-term goals,
4641
02:33:55,439 --> 02:33:57,120
then do it. But I would imagine that it
4642
02:33:57,120 --> 02:33:58,640
probably isn't for what you really want
4643
02:33:58,640 --> 02:34:00,640
to do long term. And I'm using 100, you
4644
02:34:00,640 --> 02:34:02,080
know, six figures as a as a placeholder.
4645
02:34:02,080 --> 02:34:03,359
It can be whatever number you want. When
4646
02:34:03,359 --> 02:34:04,479
you make that decision that you're no
4647
02:34:04,479 --> 02:34:05,600
longer going to learn, that's when you
4648
02:34:05,600 --> 02:34:07,280
stop growing your potential to learn
4649
02:34:07,280 --> 02:34:08,960
more. I say this because that's what I
4650
02:34:08,960 --> 02:34:11,680
did. I had a white collar consulting job
4651
02:34:11,680 --> 02:34:13,359
for defense contracting. I had a top
4652
02:34:13,359 --> 02:34:14,640
secret clearance. I had everything that
4653
02:34:14,640 --> 02:34:15,920
looked good on paper. space, cyber
4654
02:34:15,920 --> 02:34:17,840
intelligence. I had a two to threeear
4655
02:34:17,840 --> 02:34:19,760
path clearly for for getting an MBA at
4656
02:34:19,760 --> 02:34:21,840
an Ivy League school and then decided to
4657
02:34:21,840 --> 02:34:23,680
drop all of that and start working for
4658
02:34:23,680 --> 02:34:26,080
$13 an hour at a gym after I graduated
4659
02:34:26,080 --> 02:34:28,319
Magnum Laui in 3 years from Vanderbilt.
4660
02:34:28,319 --> 02:34:30,399
I know what I'm asking people to do and
4661
02:34:30,399 --> 02:34:31,840
I'm not asking them to do something that
4662
02:34:31,840 --> 02:34:33,280
I wasn't willing to do. And I think that
4663
02:34:33,280 --> 02:34:34,800
I might have even a more extreme version
4664
02:34:34,800 --> 02:34:36,000
that most people are having to live
4665
02:34:36,000 --> 02:34:37,280
with. Trying to say like, well, I can't
4666
02:34:37,280 --> 02:34:39,680
figure out what I want is a really
4667
02:34:39,680 --> 02:34:42,080
paralyzing place to be that I think a
4668
02:34:42,080 --> 02:34:43,520
lot of young people are in. is like I
4669
02:34:43,520 --> 02:34:46,080
want to find my passion. But the big
4670
02:34:46,080 --> 02:34:47,840
misnomer is actually a language issue
4671
02:34:47,840 --> 02:34:48,960
which is that people say they want to
4672
02:34:48,960 --> 02:34:50,160
find their passion rather than they want
4673
02:34:50,160 --> 02:34:51,920
to build it or create it or learn it.
4674
02:34:51,920 --> 02:34:53,200
And so like I can promise you that if
4675
02:34:53,200 --> 02:34:54,080
you're good at something, you'll like
4676
02:34:54,080 --> 02:34:55,439
doing it. And the only way that you get
4677
02:34:55,439 --> 02:34:56,479
good at something is by doing things
4678
02:34:56,479 --> 02:34:59,280
that you suck at and doing a lot of it.
4679
02:34:59,280 --> 02:35:01,760
So let's say you make $50,000 a year. It
4680
02:35:01,760 --> 02:35:05,200
cost you $950,000 a year not to know how
4681
02:35:05,200 --> 02:35:07,359
to make a million dollar a year. So how
4682
02:35:07,359 --> 02:35:10,640
much is that education worth? Answer the
4683
02:35:10,640 --> 02:35:12,319
difference. The difference between $1
4684
02:35:12,319 --> 02:35:15,040
million and $50,000, which is $950
4685
02:35:15,040 --> 02:35:17,760
grand. If you learn how to make a
4686
02:35:17,760 --> 02:35:19,760
million dollar, the education is worth
4687
02:35:19,760 --> 02:35:21,040
the difference. This is why education
4688
02:35:21,040 --> 02:35:23,120
and information are the most valuable
4689
02:35:23,120 --> 02:35:25,920
things that we can know. Elon has like
4690
02:35:25,920 --> 02:35:27,760
lost everything and then gained it back.
4691
02:35:27,760 --> 02:35:29,120
So many of the best entrepreneurs have
4692
02:35:29,120 --> 02:35:30,319
stories where they lost it all and then
4693
02:35:30,319 --> 02:35:31,760
gained it back. And so, how is it that
4694
02:35:31,760 --> 02:35:33,680
they can go to zero, back to a billion,
4695
02:35:33,680 --> 02:35:35,120
where somebody starting at zero can't
4696
02:35:35,120 --> 02:35:36,880
get there because they didn't lose the
4697
02:35:36,880 --> 02:35:38,160
education, they didn't lose the
4698
02:35:38,160 --> 02:35:40,399
learning, they had a bad role. And
4699
02:35:40,399 --> 02:35:42,240
sometimes in business, you do make bets
4700
02:35:42,240 --> 02:35:43,920
on markets and sometimes they don't
4701
02:35:43,920 --> 02:35:46,000
shape up, but you didn't lose. And a lot
4702
02:35:46,000 --> 02:35:48,080
of times you actually gain in experience
4703
02:35:48,080 --> 02:35:50,160
so that the next bet pays off even
4704
02:35:50,160 --> 02:35:52,000
bigger. Everyone gets this wrong. The
4705
02:35:52,000 --> 02:35:54,479
most expensive thing you ever pay for
4706
02:35:54,479 --> 02:35:56,560
isn't your car. It isn't your house. It
4707
02:35:56,560 --> 02:35:58,319
isn't your insurance. It's the
4708
02:35:58,319 --> 02:35:59,760
information that you don't know but
4709
02:35:59,760 --> 02:36:01,920
should. I mean, how many things can you
4710
02:36:01,920 --> 02:36:03,359
think of right now that if you knew 10
4711
02:36:03,359 --> 02:36:05,439
years ago would have materially changed
4712
02:36:05,439 --> 02:36:07,040
your financial outcome, your relational
4713
02:36:07,040 --> 02:36:08,880
outcome, your physical outcomes?
4714
02:36:08,880 --> 02:36:10,800
probably a lot. What is the value of
4715
02:36:10,800 --> 02:36:12,960
that information? Borderline priceless.
4716
02:36:12,960 --> 02:36:14,800
And so the idea that we wouldn't invest
4717
02:36:14,800 --> 02:36:16,800
in paying down that debt of ignorance
4718
02:36:16,800 --> 02:36:18,880
that we owe the universe is just because
4719
02:36:18,880 --> 02:36:21,040
we don't know who we're paying the check
4720
02:36:21,040 --> 02:36:22,880
to every month for the things that we
4721
02:36:22,880 --> 02:36:24,720
don't know that we don't value it
4722
02:36:24,720 --> 02:36:26,800
appropriately. The cost of success is
4723
02:36:26,800 --> 02:36:28,960
the years of feeling like an idiot for
4724
02:36:28,960 --> 02:36:30,080
things that you should have known by
4725
02:36:30,080 --> 02:36:31,760
now. All the the decisions that I made
4726
02:36:31,760 --> 02:36:33,439
up to this point led me to here. And I
4727
02:36:33,439 --> 02:36:34,720
don't regret my life, so I don't regret
4728
02:36:34,720 --> 02:36:36,960
not knowing. I mean, if I started over,
4729
02:36:36,960 --> 02:36:38,479
I'd be wealthier than I am now. You know
4730
02:36:38,479 --> 02:36:41,280
what I mean? I can't go back in time,
4731
02:36:41,280 --> 02:36:43,120
but if I could go back in time to talk
4732
02:36:43,120 --> 02:36:44,720
to my 20-year-old self, and it wouldn't
4733
02:36:44,720 --> 02:36:45,920
change the outcome of my life now,
4734
02:36:45,920 --> 02:36:47,520
because I would never roll that dice, is
4735
02:36:47,520 --> 02:36:48,640
I would say, "There's two things that
4736
02:36:48,640 --> 02:36:50,080
you don't understand that will massively
4737
02:36:50,080 --> 02:36:51,520
change your life. You don't understand
4738
02:36:51,520 --> 02:36:52,720
brand, and you don't understand
4739
02:36:52,720 --> 02:36:55,520
product." Because I was obsessive in my
4740
02:36:55,520 --> 02:36:58,960
20s on sales and marketing and what I
4741
02:36:58,960 --> 02:37:00,560
would consider fast money. I had fast
4742
02:37:00,560 --> 02:37:02,319
feedback loops. So, I would I'd get
4743
02:37:02,319 --> 02:37:03,600
better at sales and then I'd immediately
4744
02:37:03,600 --> 02:37:04,560
make more sales. I'd get better at
4745
02:37:04,560 --> 02:37:05,760
marketing, immediately make more money.
4746
02:37:05,760 --> 02:37:07,040
And so I had this very fast feedback
4747
02:37:07,040 --> 02:37:09,200
loop that gave me the misinformation or
4748
02:37:09,200 --> 02:37:11,680
the false belief that this was the right
4749
02:37:11,680 --> 02:37:13,359
path. But I was actually just playing
4750
02:37:13,359 --> 02:37:15,520
the wrong game because it's kind of like
4751
02:37:15,520 --> 02:37:18,479
in the Matrix when Neo says to Morpheus,
4752
02:37:18,479 --> 02:37:20,000
"So you're saying when I'm fast enough,
4753
02:37:20,000 --> 02:37:21,439
I'll be able to dodge bullets." And he
4754
02:37:21,439 --> 02:37:22,880
said, "No, I'm saying when you're ready,
4755
02:37:22,880 --> 02:37:24,880
you won't have to." Me being obsessive
4756
02:37:24,880 --> 02:37:27,040
about sales and marketing was me trying
4757
02:37:27,040 --> 02:37:29,600
to get faster and faster in the matrix
4758
02:37:29,600 --> 02:37:31,840
and not being the one and seeing the
4759
02:37:31,840 --> 02:37:33,760
code for what it is, which is that if
4760
02:37:33,760 --> 02:37:35,680
you make a product that's good enough,
4761
02:37:35,680 --> 02:37:37,680
people will do the marketing and sales
4762
02:37:37,680 --> 02:37:40,319
for you. If your brand is strong enough,
4763
02:37:40,319 --> 02:37:41,920
people will make the association that
4764
02:37:41,920 --> 02:37:43,760
they want to buy your stuff regardless
4765
02:37:43,760 --> 02:37:45,680
of how good your copy and your headline
4766
02:37:45,680 --> 02:37:47,120
and your landing pages and your
4767
02:37:47,120 --> 02:37:48,720
conversion rate optimization and your
4768
02:37:48,720 --> 02:37:50,640
media buying are. I kept getting really
4769
02:37:50,640 --> 02:37:52,479
good at a game that if I knew how to
4770
02:37:52,479 --> 02:37:54,080
master the big things that mattered
4771
02:37:54,080 --> 02:37:55,439
would make those skills almost
4772
02:37:55,439 --> 02:37:57,520
irrelevant. When $100 million Offers
4773
02:37:57,520 --> 02:37:59,280
came out the book, I didn't make it for
4774
02:37:59,280 --> 02:38:00,880
anything. I made it for me. And it was
4775
02:38:00,880 --> 02:38:02,080
originally intended to be an internal
4776
02:38:02,080 --> 02:38:03,359
document. And so I just wanted to make
4777
02:38:03,359 --> 02:38:05,840
it exceptional. And what happened once I
4778
02:38:05,840 --> 02:38:07,520
released it is what shocked me the most
4779
02:38:07,520 --> 02:38:09,520
was that I posted once and I just said,
4780
02:38:09,520 --> 02:38:10,720
"Hey, I wrote this book. Hope you guys
4781
02:38:10,720 --> 02:38:12,319
like it." And then we sold out in
4782
02:38:12,319 --> 02:38:13,520
minutes. And I was like, "That's weird."
4783
02:38:13,520 --> 02:38:15,359
The next month more copies sold. And
4784
02:38:15,359 --> 02:38:16,800
then the next month more copies sold.
4785
02:38:16,800 --> 02:38:17,920
And then the next month more copies
4786
02:38:17,920 --> 02:38:19,120
sold. and has continued to sell more
4787
02:38:19,120 --> 02:38:20,560
copies month after month after month for
4788
02:38:20,560 --> 02:38:22,560
2 years and it's still number one in its
4789
02:38:22,560 --> 02:38:24,399
category on Amazon. And that was with
4790
02:38:24,399 --> 02:38:27,600
zero paid marketing purely off of people
4791
02:38:27,600 --> 02:38:29,520
telling people about the book. And so
4792
02:38:29,520 --> 02:38:31,600
when I saw how much leverage that was
4793
02:38:31,600 --> 02:38:34,399
that that book sells thousands a day,
4794
02:38:34,399 --> 02:38:36,640
not dollars, thousands of copies a day,
4795
02:38:36,640 --> 02:38:38,479
I have never marketed anything well
4796
02:38:38,479 --> 02:38:41,680
enough to sell a,000 customers a day.
4797
02:38:41,680 --> 02:38:42,960
Now mind you, I've always had more
4798
02:38:42,960 --> 02:38:44,399
expensive stuff that I've sold, but like
4799
02:38:44,399 --> 02:38:46,000
I'd never seen that kind of transaction
4800
02:38:46,000 --> 02:38:47,359
volume. And the only way to get that
4801
02:38:47,359 --> 02:38:48,640
kind of transaction volume is to have a
4802
02:38:48,640 --> 02:38:50,160
huge amount of leverage. The leverage
4803
02:38:50,160 --> 02:38:52,080
that product unlocked for me or that
4804
02:38:52,080 --> 02:38:53,920
understanding was that if you make it
4805
02:38:53,920 --> 02:38:55,359
good enough and I love this saying which
4806
02:38:55,359 --> 02:38:57,040
is there's too big to fail and I love
4807
02:38:57,040 --> 02:38:59,840
the other one which is too good to fail.
4808
02:38:59,840 --> 02:39:02,240
My headline for $100 million offers
4809
02:39:02,240 --> 02:39:03,600
makes no sense. No one knows what $100
4810
02:39:03,600 --> 02:39:05,200
million offers is and it's just like a
4811
02:39:05,200 --> 02:39:06,720
picture of a $100 bill. It's a big
4812
02:39:06,720 --> 02:39:08,160
purple book. Like it actually makes no
4813
02:39:08,160 --> 02:39:10,080
sense. But the contents of the book were
4814
02:39:10,080 --> 02:39:11,600
valuable enough that people were like
4815
02:39:11,600 --> 02:39:13,840
just just read it. And they said it so
4816
02:39:13,840 --> 02:39:15,359
many times to so many people. And most
4817
02:39:15,359 --> 02:39:17,439
people who when I see the comments and I
4818
02:39:17,439 --> 02:39:19,760
see the reviews, they say, "I had four
4819
02:39:19,760 --> 02:39:21,439
different people in the same month tell
4820
02:39:21,439 --> 02:39:23,280
me in different groups that I should
4821
02:39:23,280 --> 02:39:24,800
read this book, so I decided to do it
4822
02:39:24,800 --> 02:39:26,240
even though it looked hokey and oh my
4823
02:39:26,240 --> 02:39:27,680
god, this thing is unbelievable." And
4824
02:39:27,680 --> 02:39:29,920
then they tell 20 people or 100 people.
4825
02:39:29,920 --> 02:39:31,200
That was when I realized how much
4826
02:39:31,200 --> 02:39:33,520
leverage spending more time upfront on
4827
02:39:33,520 --> 02:39:35,359
building a better product would unlock
4828
02:39:35,359 --> 02:39:37,439
for me. What I used to do was spend two
4829
02:39:37,439 --> 02:39:39,520
months building a good product and spend
4830
02:39:39,520 --> 02:39:41,600
two years marketing that product with
4831
02:39:41,600 --> 02:39:43,840
great marketing rather than spending two
4832
02:39:43,840 --> 02:39:46,240
years on a great product and then for
4833
02:39:46,240 --> 02:39:47,840
the rest of my life not having to spend
4834
02:39:47,840 --> 02:39:49,920
any dollars or effort on marketing so
4835
02:39:49,920 --> 02:39:52,080
that it would sell again and again and
4836
02:39:52,080 --> 02:39:54,240
again because of the quality of the
4837
02:39:54,240 --> 02:39:56,399
product itself. And so that was the
4838
02:39:56,399 --> 02:39:58,720
first lesson that my younger self needed
4839
02:39:58,720 --> 02:40:00,800
to understand about business. And the
4840
02:40:00,800 --> 02:40:03,040
level of detail that it takes to go from
4841
02:40:03,040 --> 02:40:04,800
good to great is so much wider than
4842
02:40:04,800 --> 02:40:06,000
people think it is. The difference
4843
02:40:06,000 --> 02:40:07,840
between an eight and a nine is 10 times
4844
02:40:07,840 --> 02:40:08,880
the work. The difference between nine
4845
02:40:08,880 --> 02:40:10,160
and nine and a half is 10 times the
4846
02:40:10,160 --> 02:40:11,040
work. The difference between nine and a
4847
02:40:11,040 --> 02:40:13,040
half and 9.75 is another 10 times the
4848
02:40:13,040 --> 02:40:14,800
work. It's so much more effort. And
4849
02:40:14,800 --> 02:40:16,160
honestly, when I was younger, I couldn't
4850
02:40:16,160 --> 02:40:17,359
even comprehend the amount of work that
4851
02:40:17,359 --> 02:40:19,280
I can do now. And for me, that amount of
4852
02:40:19,280 --> 02:40:21,600
work is the amount of unbroken focused
4853
02:40:21,600 --> 02:40:23,520
time that I can stick with one task. I
4854
02:40:23,520 --> 02:40:25,040
did not have that level of focus. I
4855
02:40:25,040 --> 02:40:26,640
didn't have a strong enough no muscle. I
4856
02:40:26,640 --> 02:40:28,080
didn't know how to turn down other
4857
02:40:28,080 --> 02:40:29,520
things that would distract me for long
4858
02:40:29,520 --> 02:40:31,280
enough. If you can count in terms of
4859
02:40:31,280 --> 02:40:32,720
hundreds, like I can promise you if you
4860
02:40:32,720 --> 02:40:34,960
put a,000 hours into something, it'll
4861
02:40:34,960 --> 02:40:37,120
probably be pretty good. And most people
4862
02:40:37,120 --> 02:40:39,120
spend like a 100 hours on something or I
4863
02:40:39,120 --> 02:40:40,800
mean that's [ __ ] Most people spend even
4864
02:40:40,800 --> 02:40:42,000
less than time than that. You start a
4865
02:40:42,000 --> 02:40:43,600
clock when you start working. You stop a
4866
02:40:43,600 --> 02:40:44,800
clock when you stop working. You spend
4867
02:40:44,800 --> 02:40:47,040
1,000 hours or 2,000 hours on something.
4868
02:40:47,040 --> 02:40:48,960
There's a level of detail because of the
4869
02:40:48,960 --> 02:40:50,560
number of exposures you'll get to it.
4870
02:40:50,560 --> 02:40:53,520
the crispy details of the product or the
4871
02:40:53,520 --> 02:40:56,000
service that can only come from looking
4872
02:40:56,000 --> 02:40:57,760
at that thing when it's cold, looking at
4873
02:40:57,760 --> 02:40:59,200
thing when it's hot, looking at it when
4874
02:40:59,200 --> 02:41:00,399
you're angry, looking at it when you're
4875
02:41:00,399 --> 02:41:01,760
sad, looking at it when you're inspired,
4876
02:41:01,760 --> 02:41:03,359
looking at it when you're bored. You see
4877
02:41:03,359 --> 02:41:04,800
it with different lenses and then what
4878
02:41:04,800 --> 02:41:06,319
happens is it just gives you so much
4879
02:41:06,319 --> 02:41:08,160
more depth and context to whatever
4880
02:41:08,160 --> 02:41:10,160
you're trying to build. That that's the
4881
02:41:10,160 --> 02:41:11,760
difference between mediocre products and
4882
02:41:11,760 --> 02:41:12,880
excellent products. And it just takes
4883
02:41:12,880 --> 02:41:14,880
time. Hey, and real quick, I spent 200
4884
02:41:14,880 --> 02:41:17,439
hours this year just making this one
4885
02:41:17,439 --> 02:41:19,680
project for you, which is the $100
4886
02:41:19,680 --> 02:41:22,479
million scaling roadmap. And I broke up
4887
02:41:22,479 --> 02:41:24,960
the stages of business into 10 stages.
4888
02:41:24,960 --> 02:41:26,880
And you can identify where you're at by
4889
02:41:26,880 --> 02:41:28,000
simply just putting in your business
4890
02:41:28,000 --> 02:41:28,640
information. You go to
4891
02:41:28,640 --> 02:41:30,479
acquisition.com/roadmap
4892
02:41:30,479 --> 02:41:32,319
and it'll spit out this custom report
4893
02:41:32,319 --> 02:41:34,080
that tells you what the constraints are
4894
02:41:34,080 --> 02:41:35,439
at that current level and what you need
4895
02:41:35,439 --> 02:41:37,680
to do to graduate and get to the next
4896
02:41:37,680 --> 02:41:38,880
level. This is our gift to you
4897
02:41:38,880 --> 02:41:40,399
absolutely free. on the thank you page.
4898
02:41:40,399 --> 02:41:41,600
You can book a call with our team and
4899
02:41:41,600 --> 02:41:43,200
we'd love to help you uh figure that out
4900
02:41:43,200 --> 02:41:46,080
and ideally get past it. In an ocean of
4901
02:41:46,080 --> 02:41:48,720
volume, which there's more commoditized
4902
02:41:48,720 --> 02:41:50,160
products and services today than ever
4903
02:41:50,160 --> 02:41:52,319
before, there's outsized returns to
4904
02:41:52,319 --> 02:41:54,880
being number one. It is an even bigger
4905
02:41:54,880 --> 02:41:56,560
winner take all market now than it ever
4906
02:41:56,560 --> 02:41:58,800
has been because of social media and the
4907
02:41:58,800 --> 02:42:00,240
ease of letting other people know about
4908
02:42:00,240 --> 02:42:02,319
stuff. If you are truly the best,
4909
02:42:02,319 --> 02:42:03,760
everyone will know. And if everyone
4910
02:42:03,760 --> 02:42:04,880
knows you are the best, you will have
4911
02:42:04,880 --> 02:42:06,000
more demand than you can possibly deal
4912
02:42:06,000 --> 02:42:07,439
with. people think that word of mouth is
4913
02:42:07,439 --> 02:42:09,200
dead when there's literally never been
4914
02:42:09,200 --> 02:42:11,840
an easier way to go viral in a literal
4915
02:42:11,840 --> 02:42:13,280
sense from people telling other people
4916
02:42:13,280 --> 02:42:15,040
about stuff.
4917
02:42:15,040 --> 02:42:16,880
I said the second lesson was brand and
4918
02:42:16,880 --> 02:42:20,319
so I had to look at a company or brand
4919
02:42:20,319 --> 02:42:23,920
as a learning tool as what are people
4920
02:42:23,920 --> 02:42:26,080
going to learn to associate my brand
4921
02:42:26,080 --> 02:42:28,240
with the tangible and the intangible
4922
02:42:28,240 --> 02:42:30,880
ideas. There are many people that I
4923
02:42:30,880 --> 02:42:32,479
associated with when I was younger that
4924
02:42:32,479 --> 02:42:34,319
I would never associate with today. Even
4925
02:42:34,319 --> 02:42:35,600
though I would say, "Well, I don't act
4926
02:42:35,600 --> 02:42:37,040
that way. I don't live my life the way
4927
02:42:37,040 --> 02:42:38,640
they live their lives." People would
4928
02:42:38,640 --> 02:42:40,399
still make that association. If I did
4929
02:42:40,399 --> 02:42:42,000
nothing but talk with porn stars on my
4930
02:42:42,000 --> 02:42:43,600
show, people would still make a very
4931
02:42:43,600 --> 02:42:46,640
different association with me. And so, I
4932
02:42:46,640 --> 02:42:50,160
want to embody certain values that I
4933
02:42:50,160 --> 02:42:52,240
want my brand to associate with. And
4934
02:42:52,240 --> 02:42:54,640
anything that is not those things by
4935
02:42:54,640 --> 02:42:56,160
default detracts from it because it
4936
02:42:56,160 --> 02:42:58,399
dilutes the association. Branding is
4937
02:42:58,399 --> 02:43:00,479
like curating a garden where pretty much
4938
02:43:00,479 --> 02:43:01,920
anything but the flower that you're
4939
02:43:01,920 --> 02:43:03,920
trying to grow there is a weed. Even if
4940
02:43:03,920 --> 02:43:05,359
it's a daffodil, even if it's a
4941
02:43:05,359 --> 02:43:07,040
sunflower, even if the flower itself is
4942
02:43:07,040 --> 02:43:08,319
fine, like I said, I have no issues with
4943
02:43:08,319 --> 02:43:09,439
porn. I think it's a sunflower,
4944
02:43:09,439 --> 02:43:10,800
whatever. But if I'm trying to grow
4945
02:43:10,800 --> 02:43:12,880
roses, then anything that's not a rose
4946
02:43:12,880 --> 02:43:15,600
doesn't belong. Being so vigilant about
4947
02:43:15,600 --> 02:43:18,800
defending that garden of association and
4948
02:43:18,800 --> 02:43:20,720
reputation gives you so much leverage.
4949
02:43:20,720 --> 02:43:22,080
Because the reason Warren Buffett now
4950
02:43:22,080 --> 02:43:23,520
can just do deals that no one else can
4951
02:43:23,520 --> 02:43:25,600
do is because his handshake means more
4952
02:43:25,600 --> 02:43:27,600
than the US government's. If he says he
4953
02:43:27,600 --> 02:43:29,920
will pay, we know he will pay. If he
4954
02:43:29,920 --> 02:43:31,439
says he will be there to ensure your
4955
02:43:31,439 --> 02:43:34,000
entire city, we know he will. He can do
4956
02:43:34,000 --> 02:43:36,080
a deal on a one-page agreement for
4957
02:43:36,080 --> 02:43:38,560
billions of dollars because people trust
4958
02:43:38,560 --> 02:43:39,920
and they know that his reputation
4959
02:43:39,920 --> 02:43:41,600
matters more than anything to him. And
4960
02:43:41,600 --> 02:43:44,000
so trust is leverage for deals. It's
4961
02:43:44,000 --> 02:43:46,080
leverage for sales. The first experience
4962
02:43:46,080 --> 02:43:48,560
I had with having a strong brand was
4963
02:43:48,560 --> 02:43:50,720
when we were probably a year year and a
4964
02:43:50,720 --> 02:43:52,880
half into gym launch, I launched what
4965
02:43:52,880 --> 02:43:54,800
would become Allen, my software project.
4966
02:43:54,800 --> 02:43:57,279
And when people heard I had launched a
4967
02:43:57,279 --> 02:43:59,680
new thing, the clients that I had were
4968
02:43:59,680 --> 02:44:01,200
sending screenshots of their credit
4969
02:44:01,200 --> 02:44:03,840
cards to my customer support team
4970
02:44:03,840 --> 02:44:04,960
saying, "I don't know what it was, but
4971
02:44:04,960 --> 02:44:07,120
if Alex made it, I'll buy it." And so
4972
02:44:07,120 --> 02:44:09,200
all of the ideas and the obsessions
4973
02:44:09,200 --> 02:44:10,720
around how I was going to market it and
4974
02:44:10,720 --> 02:44:12,240
how I was going to position it. The
4975
02:44:12,240 --> 02:44:14,240
thing that mattered most was what they
4976
02:44:14,240 --> 02:44:16,399
had already received from me and how
4977
02:44:16,399 --> 02:44:17,840
much I had delivered on my first
4978
02:44:17,840 --> 02:44:19,920
promise. And so when I realized that, I
4979
02:44:19,920 --> 02:44:21,359
was like, "All of this sales and
4980
02:44:21,359 --> 02:44:23,279
marketing stuff gets you one sale.
4981
02:44:23,279 --> 02:44:24,800
delivering exceptional product and
4982
02:44:24,800 --> 02:44:26,479
exceptional reputation around your
4983
02:44:26,479 --> 02:44:28,640
products gets you every other sale after
4984
02:44:28,640 --> 02:44:30,720
that and you will always be able to sell
4985
02:44:30,720 --> 02:44:32,960
the next thing provided you delivered on
4986
02:44:32,960 --> 02:44:34,560
the first thing and that's where there's
4987
02:44:34,560 --> 02:44:35,760
this obsession with marketing because
4988
02:44:35,760 --> 02:44:37,200
there's always more people to sell to.
4989
02:44:37,200 --> 02:44:40,399
It's a very in my opinion tiring life.
4990
02:44:40,399 --> 02:44:42,080
You always have to go get new customers.
4991
02:44:42,080 --> 02:44:44,479
If you make sales to get customers
4992
02:44:44,479 --> 02:44:47,200
rather than get customers to make sales,
4993
02:44:47,200 --> 02:44:49,120
you make the customer the goal and then
4994
02:44:49,120 --> 02:44:50,960
you get to keep that relationship and
4995
02:44:50,960 --> 02:44:52,319
then next year you still have that
4996
02:44:52,319 --> 02:44:54,000
customer. If you got a customer just to
4997
02:44:54,000 --> 02:44:55,439
make a sale, you have to go get another
4998
02:44:55,439 --> 02:44:57,120
customer to make another sale next year.
4999
02:44:57,120 --> 02:44:58,720
But if you make a sale to create the
5000
02:44:58,720 --> 02:45:00,399
relationship of the customer, then next
5001
02:45:00,399 --> 02:45:01,920
year that customer will buy again and
5002
02:45:01,920 --> 02:45:03,680
the new customer will buy. And the third
5003
02:45:03,680 --> 02:45:05,840
year you get the first two years and the
5004
02:45:05,840 --> 02:45:07,040
third customer. And then that is how you
5005
02:45:07,040 --> 02:45:08,800
create a compounding vehicle. And so
5006
02:45:08,800 --> 02:45:10,880
both of those things, brand and product,
5007
02:45:10,880 --> 02:45:13,200
are actually underlying one concept now
5008
02:45:13,200 --> 02:45:14,960
that I'm saying it out loud, which is I
5009
02:45:14,960 --> 02:45:17,040
didn't understand compounding. I thought
5010
02:45:17,040 --> 02:45:18,960
that it was normal to have to go out,
5011
02:45:18,960 --> 02:45:21,600
bang doors, call phones, DM, run ads to
5012
02:45:21,600 --> 02:45:23,120
get customers every single month and
5013
02:45:23,120 --> 02:45:24,640
that next month I'm going to have to get
5014
02:45:24,640 --> 02:45:26,560
another 20 just to keep the lights on
5015
02:45:26,560 --> 02:45:28,960
rather than having spent more time on my
5016
02:45:28,960 --> 02:45:30,880
reputation and the quality of my product
5017
02:45:30,880 --> 02:45:33,040
so that when I sold the first hundred,
5018
02:45:33,040 --> 02:45:34,800
they would never leave again. And then
5019
02:45:34,800 --> 02:45:36,319
they would send me the next hundred and
5020
02:45:36,319 --> 02:45:37,760
I wouldn't have to do anything. And then
5021
02:45:37,760 --> 02:45:39,200
I would be able to fend people off and
5022
02:45:39,200 --> 02:45:40,640
then I'd be able to raise my prices and
5023
02:45:40,640 --> 02:45:42,560
be able to take people on my terms. But
5024
02:45:42,560 --> 02:45:44,000
I didn't understand any of that. And
5025
02:45:44,000 --> 02:45:45,439
part of that is because I wanted money
5026
02:45:45,439 --> 02:45:47,680
so fast. And building a great product
5027
02:45:47,680 --> 02:45:49,279
takes longer. Building a great
5028
02:45:49,279 --> 02:45:50,720
reputation literally never stops until
5029
02:45:50,720 --> 02:45:52,640
the day you die. Leaning into that
5030
02:45:52,640 --> 02:45:54,880
lesson, you know, the first book I
5031
02:45:54,880 --> 02:45:57,040
launched and I think it did 2 or 4,000
5032
02:45:57,040 --> 02:45:58,560
copies sold its first month, something
5033
02:45:58,560 --> 02:46:00,000
like that. You know, the second book
5034
02:46:00,000 --> 02:46:01,760
that launched 2 years later, sold
5035
02:46:01,760 --> 02:46:04,080
250,000 copies in its first month, which
5036
02:46:04,080 --> 02:46:05,520
for context, the average New York Times
5037
02:46:05,520 --> 02:46:07,520
bestseller sells between 10 and 100,000
5038
02:46:07,520 --> 02:46:10,080
in its first 12 months. And we sold 250
5039
02:46:10,080 --> 02:46:11,439
in the first month. The only way that
5040
02:46:11,439 --> 02:46:13,359
that can happen is if the people who
5041
02:46:13,359 --> 02:46:14,640
bought the first book buy the second
5042
02:46:14,640 --> 02:46:17,760
book and everybody they tell also buy
5043
02:46:17,760 --> 02:46:19,520
and that book still continues to sell at
5044
02:46:19,520 --> 02:46:22,800
twice the rate of my first book today.
5045
02:46:22,800 --> 02:46:24,720
Here's how to spot friends that are
5046
02:46:24,720 --> 02:46:26,960
worth cutting. They only talk about your
5047
02:46:26,960 --> 02:46:29,520
past, not your future. So, if you go and
5048
02:46:29,520 --> 02:46:30,720
you hang out with your buddies and all
5049
02:46:30,720 --> 02:46:32,720
they can really reminisce with you on is
5050
02:46:32,720 --> 02:46:34,160
the things that you did together, but
5051
02:46:34,160 --> 02:46:35,359
none of them are talking about what
5052
02:46:35,359 --> 02:46:36,399
they're going to do or what you're going
5053
02:46:36,399 --> 02:46:38,720
to do. For me, that's a telltale sign
5054
02:46:38,720 --> 02:46:39,760
that they're living in the past. They're
5055
02:46:39,760 --> 02:46:41,120
not even living in the present. Their
5056
02:46:41,120 --> 02:46:43,120
best years are behind them. And for most
5057
02:46:43,120 --> 02:46:44,319
of us, we want our best years to be
5058
02:46:44,319 --> 02:46:45,840
ahead of us. And we want somebody who's
5059
02:46:45,840 --> 02:46:47,359
also looking at the same goal as us,
5060
02:46:47,359 --> 02:46:48,560
which is growth, which is moving
5061
02:46:48,560 --> 02:46:50,560
forward, which is making progress. If
5062
02:46:50,560 --> 02:46:52,800
you are a growth oriented individual and
5063
02:46:52,800 --> 02:46:54,319
you feel like you're not sure about your
5064
02:46:54,319 --> 02:46:55,840
environment or if it's conducive, the
5065
02:46:55,840 --> 02:46:58,720
easiest limit test is who talks about
5066
02:46:58,720 --> 02:47:01,279
the future and who talks about the past.
5067
02:47:01,279 --> 02:47:02,640
Keep the ones who only talk about the
5068
02:47:02,640 --> 02:47:04,000
future. Cut the ones talking about the
5069
02:47:04,000 --> 02:47:06,560
past. The best thing that I ever did was
5070
02:47:06,560 --> 02:47:08,240
not listen to other people's opinions
5071
02:47:08,240 --> 02:47:10,319
about my life. They don't want the best
5072
02:47:10,319 --> 02:47:11,760
version of you. They want the version of
5073
02:47:11,760 --> 02:47:14,000
you who best serves them. Now, when I
5074
02:47:14,000 --> 02:47:16,319
first said this, I got flack from a
5075
02:47:16,319 --> 02:47:18,399
bunch of parents. They're like, I really
5076
02:47:18,399 --> 02:47:20,880
want the best for my kids. I was like,
5077
02:47:20,880 --> 02:47:23,760
that's not true. You want a version of
5078
02:47:23,760 --> 02:47:26,800
your children who serves what you think
5079
02:47:26,800 --> 02:47:29,120
will make you look the best. Family, I
5080
02:47:29,120 --> 02:47:31,359
would say more often than not, has a
5081
02:47:31,359 --> 02:47:33,200
closer alignment with your long-term
5082
02:47:33,200 --> 02:47:35,439
goals than strangers do. And so it makes
5083
02:47:35,439 --> 02:47:37,120
sense that family would have more
5084
02:47:37,120 --> 02:47:38,960
aligned interests but not completely
5085
02:47:38,960 --> 02:47:40,560
aligned interests with you because the
5086
02:47:40,560 --> 02:47:41,760
only person who has a completely aligned
5087
02:47:41,760 --> 02:47:43,439
interest with you is future you. Keeping
5088
02:47:43,439 --> 02:47:45,200
that as the limus test of whose opinion
5089
02:47:45,200 --> 02:47:46,720
I'm going to listen to although it's
5090
02:47:46,720 --> 02:47:48,640
more difficult has ultimately been very
5091
02:47:48,640 --> 02:47:50,160
fruitful for me because if you're
5092
02:47:50,160 --> 02:47:52,240
looking at two even two parents you can
5093
02:47:52,240 --> 02:47:53,840
disprove that concept by saying okay
5094
02:47:53,840 --> 02:47:55,200
well both parents want different things
5095
02:47:55,200 --> 02:47:56,960
from me of the things that both parents
5096
02:47:56,960 --> 02:47:59,040
want. Which of the things help each of
5097
02:47:59,040 --> 02:48:00,640
the parents individually out? Cuz I can
5098
02:48:00,640 --> 02:48:01,760
promise you that the thing that one
5099
02:48:01,760 --> 02:48:03,439
parent wants doesn't hurt them and help
5100
02:48:03,439 --> 02:48:05,439
the other parent. if they disagree, it's
5101
02:48:05,439 --> 02:48:06,640
usually something that's more aligned
5102
02:48:06,640 --> 02:48:08,399
with their worldview, their beliefs, or
5103
02:48:08,399 --> 02:48:10,319
what they will get status from in their
5104
02:48:10,319 --> 02:48:12,479
community for you doing. And so, all of
5105
02:48:12,479 --> 02:48:14,080
the things I just described have nothing
5106
02:48:14,080 --> 02:48:16,319
to do with you. So, why consider it?
5107
02:48:16,319 --> 02:48:17,920
I'll say this upfront. I hate why
5108
02:48:17,920 --> 02:48:19,760
questions cuz who knows why? But I would
5109
02:48:19,760 --> 02:48:21,680
say that I if if I had to make a guess
5110
02:48:21,680 --> 02:48:23,439
on why we care about other people's
5111
02:48:23,439 --> 02:48:24,880
opinions, it's because we've learned to
5112
02:48:24,880 --> 02:48:26,560
care about other people's opinions. And
5113
02:48:26,560 --> 02:48:28,160
when we're children, we learn to orient
5114
02:48:28,160 --> 02:48:30,160
ourselves to the world through other
5115
02:48:30,160 --> 02:48:31,920
people telling us what is what.
5116
02:48:31,920 --> 02:48:33,680
Literally, when you're a kid, you point
5117
02:48:33,680 --> 02:48:35,439
and then you say, "Well, what's that?"
5118
02:48:35,439 --> 02:48:38,160
And then they say this. And so, you have
5119
02:48:38,160 --> 02:48:40,640
to listen to other people on the way up.
5120
02:48:40,640 --> 02:48:42,240
The problem is at some point you have to
5121
02:48:42,240 --> 02:48:43,520
turn it off and say, you know, some of
5122
02:48:43,520 --> 02:48:44,640
the people I was listening to had no
5123
02:48:44,640 --> 02:48:46,000
idea what they were saying. But you
5124
02:48:46,000 --> 02:48:47,120
don't know they have no idea because you
5125
02:48:47,120 --> 02:48:48,479
don't have a context or make a judgment.
5126
02:48:48,479 --> 02:48:50,319
You have to learn to become human and
5127
02:48:50,319 --> 02:48:51,279
then you have to learn to become
5128
02:48:51,279 --> 02:48:52,800
yourself. And I think that at that
5129
02:48:52,800 --> 02:48:54,560
turning point, you then have to analyze
5130
02:48:54,560 --> 02:48:56,399
the beliefs that you've been given and
5131
02:48:56,399 --> 02:48:58,960
then keep the ones that you choose. Most
5132
02:48:58,960 --> 02:49:01,680
parents are riskaverse rather than
5133
02:49:01,680 --> 02:49:03,520
risk-taking for their children. So like
5134
02:49:03,520 --> 02:49:04,640
we are willing to take more risk for
5135
02:49:04,640 --> 02:49:06,080
ourselves often times than our parents
5136
02:49:06,080 --> 02:49:07,200
are willing to take on our behalf. And I
5137
02:49:07,200 --> 02:49:08,160
think that's normal. They want to like
5138
02:49:08,160 --> 02:49:09,200
keep you alive. There's a lot of
5139
02:49:09,200 --> 02:49:10,560
evolutionary drive behind that. And so
5140
02:49:10,560 --> 02:49:11,920
they're playing not to lose. But if you
5141
02:49:11,920 --> 02:49:13,359
want to play to win, then you have to
5142
02:49:13,359 --> 02:49:14,880
take different bets. I think a lot of
5143
02:49:14,880 --> 02:49:16,080
younger people get really confused
5144
02:49:16,080 --> 02:49:17,439
because they spend a lot of time talking
5145
02:49:17,439 --> 02:49:19,680
about ideas and very little talking
5146
02:49:19,680 --> 02:49:22,080
doing actions. And so if you just define
5147
02:49:22,080 --> 02:49:24,240
the world by only things that occur in
5148
02:49:24,240 --> 02:49:26,240
it and not things that occur in your
5149
02:49:26,240 --> 02:49:28,560
mind, there's a lot less noise. And so
5150
02:49:28,560 --> 02:49:30,479
it becomes easier to see the forest of
5151
02:49:30,479 --> 02:49:32,000
the trees. Let's say I have an employee
5152
02:49:32,000 --> 02:49:33,760
and I want to hop on a one-on-one and
5153
02:49:33,760 --> 02:49:35,279
they said something in a meeting before
5154
02:49:35,279 --> 02:49:37,520
and I say, "I think the intention behind
5155
02:49:37,520 --> 02:49:39,120
your statement was that you wanted me to
5156
02:49:39,120 --> 02:49:42,319
do this and this is how I was feeling
5157
02:49:42,319 --> 02:49:43,680
about your statement and this is
5158
02:49:43,680 --> 02:49:44,720
probably where you were feeling.
5159
02:49:44,720 --> 02:49:45,920
Everything I just said is a complete
5160
02:49:45,920 --> 02:49:47,600
waste of time because all I know is that
5161
02:49:47,600 --> 02:49:49,760
they said this." And so just focus on
5162
02:49:49,760 --> 02:49:52,080
the facts. And if you can do that, it
5163
02:49:52,080 --> 02:49:53,600
actually makes living life a lot easier
5164
02:49:53,600 --> 02:49:55,040
or navigating life a lot easier. At
5165
02:49:55,040 --> 02:49:57,279
least it has for me because those are
5166
02:49:57,279 --> 02:49:59,760
the only objective truths. An easy frame
5167
02:49:59,760 --> 02:50:01,359
for that is like, would it be admitted
5168
02:50:01,359 --> 02:50:04,080
to a court as evidence? You saying you
5169
02:50:04,080 --> 02:50:06,000
were offended is not evidence. John said
5170
02:50:06,000 --> 02:50:07,760
this to Sally, these words, that's
5171
02:50:07,760 --> 02:50:09,760
evidence. Indisputable. And so just look
5172
02:50:09,760 --> 02:50:11,279
at the things that are beyond reproach.
5173
02:50:11,279 --> 02:50:11,840
Look at the things that are
5174
02:50:11,840 --> 02:50:12,960
indisputable. Look at the things that
5175
02:50:12,960 --> 02:50:14,960
are facts that are observable. And the
5176
02:50:14,960 --> 02:50:16,399
world gets a lot quieter. And you also
5177
02:50:16,399 --> 02:50:17,520
realize that most people are full of
5178
02:50:17,520 --> 02:50:18,880
[ __ ] and don't know what they're talking
5179
02:50:18,880 --> 02:50:20,560
about. I mean, if someone was like,
5180
02:50:20,560 --> 02:50:22,000
"Hey, Alex, why did you get into
5181
02:50:22,000 --> 02:50:23,680
business?" I could make up an answer. It
5182
02:50:23,680 --> 02:50:25,520
just how do we know it's true? Trying to
5183
02:50:25,520 --> 02:50:26,560
figure out someone's intention is
5184
02:50:26,560 --> 02:50:29,040
[ __ ] If someone asked me, "Why did
5185
02:50:29,040 --> 02:50:31,200
you get into business?" I can make up an
5186
02:50:31,200 --> 02:50:32,800
answer. Anyone can make up an answer.
5187
02:50:32,800 --> 02:50:34,800
Why do you like making money? Why do you
5188
02:50:34,800 --> 02:50:36,000
like sales? Why do you like marketing?
5189
02:50:36,000 --> 02:50:37,520
Why are you good at this? I can make up
5190
02:50:37,520 --> 02:50:40,080
any answer. All I know is that these
5191
02:50:40,080 --> 02:50:42,479
things have occurred. And so we can look
5192
02:50:42,479 --> 02:50:43,840
at my actions and we can look at the
5193
02:50:43,840 --> 02:50:46,160
results. The rest of it of which which
5194
02:50:46,160 --> 02:50:47,680
had what influence on what like I can't
5195
02:50:47,680 --> 02:50:49,040
relive my life and I can't run the
5196
02:50:49,040 --> 02:50:50,640
experiment. And so trying to determine
5197
02:50:50,640 --> 02:50:52,160
why like was it because my mom didn't
5198
02:50:52,160 --> 02:50:53,439
hug me? Was it because my dad hugged me
5199
02:50:53,439 --> 02:50:55,040
too hard? Who knows? I can give anyone
5200
02:50:55,040 --> 02:50:56,479
and someone will nod and say great
5201
02:50:56,479 --> 02:50:57,920
because we've trained ourselves to say
5202
02:50:57,920 --> 02:50:59,279
to answer when someone says why do you
5203
02:50:59,279 --> 02:51:00,319
do that? You give them words and they
5204
02:51:00,319 --> 02:51:01,840
nod and say oh that's interesting but
5205
02:51:01,840 --> 02:51:03,760
like it doesn't mean it's true. And so I
5206
02:51:03,760 --> 02:51:04,880
just try and skirt the whole
5207
02:51:04,880 --> 02:51:07,120
conversation because there's no point.
5208
02:51:07,120 --> 02:51:08,720
So when someone's like, "Well, I'm the
5209
02:51:08,720 --> 02:51:10,720
type of person who I'm like, just stop."
5210
02:51:10,720 --> 02:51:13,439
Then they start using this label to
5211
02:51:13,439 --> 02:51:15,680
decide whether or why they can or can't
5212
02:51:15,680 --> 02:51:17,359
do something. I wouldn't be successful
5213
02:51:17,359 --> 02:51:18,800
with that cuz I'm a knee freak. Why?
5214
02:51:18,800 --> 02:51:20,960
Because you take trash out of your car
5215
02:51:20,960 --> 02:51:22,399
regularly. Why does that have anything
5216
02:51:22,399 --> 02:51:23,840
to do with whether you could do this or
5217
02:51:23,840 --> 02:51:26,080
not? I used to think and told people I
5218
02:51:26,080 --> 02:51:28,319
was bad at math until I was 25. Post
5219
02:51:28,319 --> 02:51:30,720
college, postconulting job, all of it.
5220
02:51:30,720 --> 02:51:32,399
And then I decided that I was not going
5221
02:51:32,399 --> 02:51:33,840
to be bad at math. And so I was like,
5222
02:51:33,840 --> 02:51:35,359
"Okay, well, I'm not going to use a
5223
02:51:35,359 --> 02:51:36,560
calculator." And so then I started
5224
02:51:36,560 --> 02:51:38,080
getting better and better at doing math
5225
02:51:38,080 --> 02:51:40,000
problems. And then lo and behold, uh
5226
02:51:40,000 --> 02:51:41,920
when I took the GMAT, I was like, "Okay,
5227
02:51:41,920 --> 02:51:43,279
I have to study twice as hard for the
5228
02:51:43,279 --> 02:51:44,800
math section." And I did just as well in
5229
02:51:44,800 --> 02:51:47,040
the math section as I did on my verbal.
5230
02:51:47,040 --> 02:51:49,200
But my whole life, I had said I was bad
5231
02:51:49,200 --> 02:51:50,960
at math. And so I didn't study as hard
5232
02:51:50,960 --> 02:51:52,479
because I was bad at it. Everyone who's
5233
02:51:52,479 --> 02:51:53,840
listening to this has something they say
5234
02:51:53,840 --> 02:51:55,040
about themselves. They're like, "I'm not
5235
02:51:55,040 --> 02:51:57,279
organized. I'm an early bird." Right?
5236
02:51:57,279 --> 02:51:58,479
Like we have these labels we give
5237
02:51:58,479 --> 02:52:00,080
ourselves, but like why do we have these
5238
02:52:00,080 --> 02:52:01,439
labels? Like if you needed to wake up
5239
02:52:01,439 --> 02:52:02,479
early, you [ __ ] wake up early. If you
5240
02:52:02,479 --> 02:52:03,920
need to stay up late, you stay up late.
5241
02:52:03,920 --> 02:52:05,680
The labels change our behavior more than
5242
02:52:05,680 --> 02:52:07,760
we change the labels. I really abhore
5243
02:52:07,760 --> 02:52:09,200
labels overall because I feel like it
5244
02:52:09,200 --> 02:52:11,520
limits my action. When I get on podcasts
5245
02:52:11,520 --> 02:52:13,279
and I have talks and people try and
5246
02:52:13,279 --> 02:52:15,040
label me, you'll probably actively see
5247
02:52:15,040 --> 02:52:17,279
me break the label almost every time
5248
02:52:17,279 --> 02:52:19,120
because I'm really aware of it. And a
5249
02:52:19,120 --> 02:52:20,160
lot of people aren't. And I don't think
5250
02:52:20,160 --> 02:52:22,000
people do it on purpose in a bad way. I
5251
02:52:22,000 --> 02:52:23,600
just think that they will speak things
5252
02:52:23,600 --> 02:52:25,359
over you which is why I hate going home
5253
02:52:25,359 --> 02:52:27,359
because no one speaks [ __ ] over you more
5254
02:52:27,359 --> 02:52:28,720
than your family and the people who knew
5255
02:52:28,720 --> 02:52:29,920
you in high school. Alex has always had
5256
02:52:29,920 --> 02:52:31,600
a short temper. You You're a hotthead.
5257
02:52:31,600 --> 02:52:33,359
Literally people from home describe me
5258
02:52:33,359 --> 02:52:34,319
that way. I was like I don't think I'm a
5259
02:52:34,319 --> 02:52:36,319
hotthehead. They will say that and then
5260
02:52:36,319 --> 02:52:38,160
I feel like I have to really put up my
5261
02:52:38,160 --> 02:52:40,640
mental like defenses to be like this is
5262
02:52:40,640 --> 02:52:42,240
not true. Here's the evidence that this
5263
02:52:42,240 --> 02:52:43,920
is not true. What would a hotthead do in
5264
02:52:43,920 --> 02:52:45,200
these scenarios that is not the way I
5265
02:52:45,200 --> 02:52:47,040
behaved therefore right? And I have to I
5266
02:52:47,040 --> 02:52:49,040
have to basically unwind that [ __ ]
5267
02:52:49,040 --> 02:52:51,359
whenever I go there. And so that is why
5268
02:52:51,359 --> 02:52:52,560
I've been an advocate of like if you
5269
02:52:52,560 --> 02:52:53,520
want to change your behavior, change
5270
02:52:53,520 --> 02:52:54,399
your environment because they're not
5271
02:52:54,399 --> 02:52:56,000
going to reinforce labels that you then
5272
02:52:56,000 --> 02:52:58,240
also perpetuate in your own mind by the
5273
02:52:58,240 --> 02:52:59,760
actions you take as a result. And the
5274
02:52:59,760 --> 02:53:00,960
only reason they want a label is because
5275
02:53:00,960 --> 02:53:02,319
it's shorthand for other people to
5276
02:53:02,319 --> 02:53:04,000
understand, not because it's true. They
5277
02:53:04,000 --> 02:53:05,520
just want to say he had a bad childhood.
5278
02:53:05,520 --> 02:53:07,040
And so they take your whole life and
5279
02:53:07,040 --> 02:53:08,640
they just say bad. That's not true.
5280
02:53:08,640 --> 02:53:10,640
There's more nuance to it. I prefer to
5281
02:53:10,640 --> 02:53:12,160
think of ideals and think of taking
5282
02:53:12,160 --> 02:53:13,760
steps towards those ideals. And since
5283
02:53:13,760 --> 02:53:15,680
ideals are not binary of like he is
5284
02:53:15,680 --> 02:53:16,880
courageous or he is not courageous, but
5285
02:53:16,880 --> 02:53:18,399
how courageous is he or how patient is
5286
02:53:18,399 --> 02:53:20,399
he? Not impatient or patient, but how
5287
02:53:20,399 --> 02:53:23,359
much. Then I know the values that I want
5288
02:53:23,359 --> 02:53:25,439
to embody and then I just take steps
5289
02:53:25,439 --> 02:53:26,800
towards those every day with the actions
5290
02:53:26,800 --> 02:53:29,120
I take. My success can be boiled down to
5291
02:53:29,120 --> 02:53:30,880
elimination of distractions, getting
5292
02:53:30,880 --> 02:53:32,560
started, getting better, and never
5293
02:53:32,560 --> 02:53:34,240
stopping. Here's how to do that. There's
5294
02:53:34,240 --> 02:53:36,399
four steps. Eliminate distractions, get
5295
02:53:36,399 --> 02:53:38,720
started, get better, never stop. Number
5296
02:53:38,720 --> 02:53:41,120
one, elimination of the things that are
5297
02:53:41,120 --> 02:53:43,040
distracting you. When I was young, my
5298
02:53:43,040 --> 02:53:45,040
father gave me this advice. Rich people
5299
02:53:45,040 --> 02:53:48,399
buy time. Poor people buy stuff.
5300
02:53:48,399 --> 02:53:51,680
Ambitious people buy skills. Lazy people
5301
02:53:51,680 --> 02:53:53,680
buy distraction. I can give you the
5302
02:53:53,680 --> 02:53:56,479
first and easiest 2025 prediction. Look
5303
02:53:56,479 --> 02:53:58,720
at what you spend money on. Look at your
5304
02:53:58,720 --> 02:54:00,960
calendar. And wherever you invest is
5305
02:54:00,960 --> 02:54:02,640
what you will get more of. So many
5306
02:54:02,640 --> 02:54:04,319
people are surprised when they look at
5307
02:54:04,319 --> 02:54:06,880
their bank account next year and it's
5308
02:54:06,880 --> 02:54:08,319
lower than they want it to be. They look
5309
02:54:08,319 --> 02:54:10,080
at their accomplishments from that year
5310
02:54:10,080 --> 02:54:11,600
and it's not the things they set out to
5311
02:54:11,600 --> 02:54:13,359
do. But when you look at their calendar
5312
02:54:13,359 --> 02:54:15,279
and their credit card expenses, it's
5313
02:54:15,279 --> 02:54:16,880
very obvious why those things didn't
5314
02:54:16,880 --> 02:54:18,399
happen. Because we vote with our dollars
5315
02:54:18,399 --> 02:54:20,000
about the things that we care about. We
5316
02:54:20,000 --> 02:54:21,760
vote about the type of person that we
5317
02:54:21,760 --> 02:54:23,439
want to become. And as the first thing
5318
02:54:23,439 --> 02:54:26,240
that you can do today for next year is
5319
02:54:26,240 --> 02:54:28,000
actually comment below this video. And I
5320
02:54:28,000 --> 02:54:29,680
rarely ask for this. The thing that
5321
02:54:29,680 --> 02:54:32,080
you're actually going to do today, not
5322
02:54:32,080 --> 02:54:33,520
what you're going to begin doing next
5323
02:54:33,520 --> 02:54:35,359
year or what your resolution is going to
5324
02:54:35,359 --> 02:54:36,960
be. But if it's important enough to do
5325
02:54:36,960 --> 02:54:39,200
for future you, it's certainly important
5326
02:54:39,200 --> 02:54:40,720
enough to do for current you. Because
5327
02:54:40,720 --> 02:54:42,560
current you, by the way, is the only you
5328
02:54:42,560 --> 02:54:44,399
that's ever going to enjoy life. I'll
5329
02:54:44,399 --> 02:54:46,000
give you this story. So I remember when
5330
02:54:46,000 --> 02:54:48,080
I was a few years back, I was walking
5331
02:54:48,080 --> 02:54:50,160
with Ila and we went to Sephora, which
5332
02:54:50,160 --> 02:54:51,680
is like a makeup store. So, we walked
5333
02:54:51,680 --> 02:54:53,200
inside, you know, I'm sitting, you know,
5334
02:54:53,200 --> 02:54:54,399
standing there awkwardly cuz I'm like, I
5335
02:54:54,399 --> 02:54:55,359
don't know what I'm supposed to do here.
5336
02:54:55,359 --> 02:54:57,439
There's this lady with the smock who
5337
02:54:57,439 --> 02:54:59,040
like helps out and she had these two
5338
02:54:59,040 --> 02:55:00,319
girls who were young. They must have
5339
02:55:00,319 --> 02:55:02,720
been maybe well about this this old. I'm
5340
02:55:02,720 --> 02:55:05,120
guessing between 9 and 40, who knows?
5341
02:55:05,120 --> 02:55:06,960
She's leaning over and she has these two
5342
02:55:06,960 --> 02:55:09,040
paint brushes in her hands and she says,
5343
02:55:09,040 --> 02:55:11,279
"Okay, girls, now that you guys are
5344
02:55:11,279 --> 02:55:13,040
women, you need to start budgeting for
5345
02:55:13,040 --> 02:55:14,240
this stuff because you're going to be
5346
02:55:14,240 --> 02:55:15,520
spending money on this every single
5347
02:55:15,520 --> 02:55:17,040
month to do your makeup." And so, the
5348
02:55:17,040 --> 02:55:18,160
girls grabbed them. They were super
5349
02:55:18,160 --> 02:55:19,760
excited and they went to go check out.
5350
02:55:19,760 --> 02:55:22,880
And I saw that exchange as actually a
5351
02:55:22,880 --> 02:55:24,800
really beautiful lesson when it comes to
5352
02:55:24,800 --> 02:55:27,439
identity. Our priorities we dictate by
5353
02:55:27,439 --> 02:55:30,240
what we spend, not by what we say. These
5354
02:55:30,240 --> 02:55:31,840
girls, because they wanted to step into
5355
02:55:31,840 --> 02:55:33,920
this new identity, had to match it with
5356
02:55:33,920 --> 02:55:36,000
new priorities. So they had money or
5357
02:55:36,000 --> 02:55:37,359
they had saved up their shekels or
5358
02:55:37,359 --> 02:55:38,640
whatever they do for chores or
5359
02:55:38,640 --> 02:55:40,960
babysitting or whatever. By doing that,
5360
02:55:40,960 --> 02:55:42,800
they had to start prioritizing some of
5361
02:55:42,800 --> 02:55:44,560
that money towards their new identity
5362
02:55:44,560 --> 02:55:46,319
from girls to women. But the thing is is
5363
02:55:46,319 --> 02:55:48,319
that many people who want to start next
5364
02:55:48,319 --> 02:55:50,240
year think okay well I'm just going to
5365
02:55:50,240 --> 02:55:52,240
see if this happens. But it doesn't work
5366
02:55:52,240 --> 02:55:54,160
that way. You have to basically make the
5367
02:55:54,160 --> 02:55:56,000
decision that this is the type of person
5368
02:55:56,000 --> 02:55:58,000
that I want to become. And then these
5369
02:55:58,000 --> 02:56:00,319
are the actions that that type of person
5370
02:56:00,319 --> 02:56:02,319
would take and then we align our
5371
02:56:02,319 --> 02:56:04,640
calendars and our budgets in accordance
5372
02:56:04,640 --> 02:56:06,560
with that so that the investments we
5373
02:56:06,560 --> 02:56:08,960
make yield the results that we want. But
5374
02:56:08,960 --> 02:56:10,479
the thing is is that people want to say,
5375
02:56:10,479 --> 02:56:12,000
"Hey, wouldn't it be great if I owned
5376
02:56:12,000 --> 02:56:13,680
Apple?" But they never buy the stock. If
5377
02:56:13,680 --> 02:56:15,200
you want to be that version of you, you
5378
02:56:15,200 --> 02:56:16,560
need to start buying stock in that
5379
02:56:16,560 --> 02:56:19,040
today. Both by paying in time and paying
5380
02:56:19,040 --> 02:56:20,720
in money to vote with your dollars about
5381
02:56:20,720 --> 02:56:22,240
what you truly care about. And the
5382
02:56:22,240 --> 02:56:24,080
reason that I'm hitting this so hard is
5383
02:56:24,080 --> 02:56:26,399
that it's never been easier than it is
5384
02:56:26,399 --> 02:56:29,279
today to be successful. It's also never
5385
02:56:29,279 --> 02:56:31,520
been easier to be distracted. So along
5386
02:56:31,520 --> 02:56:33,680
the theme of investing in the things
5387
02:56:33,680 --> 02:56:35,600
that matter most, the first thing we do
5388
02:56:35,600 --> 02:56:37,279
is we eliminate all the stuff that
5389
02:56:37,279 --> 02:56:39,200
sucks. I define commitment as the
5390
02:56:39,200 --> 02:56:41,040
elimination of alternatives. If you get
5391
02:56:41,040 --> 02:56:43,120
married, you eliminate all people of
5392
02:56:43,120 --> 02:56:44,880
whatever sex you're married to that are
5393
02:56:44,880 --> 02:56:46,399
not that person. Actually, you eliminate
5394
02:56:46,399 --> 02:56:47,439
everyone who's not that person
5395
02:56:47,439 --> 02:56:49,040
independent of sex, right? That is a
5396
02:56:49,040 --> 02:56:51,439
commitment, right? If you enter into a
5397
02:56:51,439 --> 02:56:53,040
uh partnership and you say, "I'm not
5398
02:56:53,040 --> 02:56:54,720
going to do any business besides this
5399
02:56:54,720 --> 02:56:56,399
business as part of the terms," then
5400
02:56:56,399 --> 02:56:58,319
you've eliminated all alternatives. And
5401
02:56:58,319 --> 02:57:00,080
so, if you want someone to commit, ask
5402
02:57:00,080 --> 02:57:01,520
them to eliminate everything else that's
5403
02:57:01,520 --> 02:57:03,200
not the main thing. These are all the
5404
02:57:03,200 --> 02:57:05,359
things, a laundry list of things that
5405
02:57:05,359 --> 02:57:07,520
are probably not your main thing that
5406
02:57:07,520 --> 02:57:09,359
very likely are getting in the way. And
5407
02:57:09,359 --> 02:57:10,960
these are the most common things that I
5408
02:57:10,960 --> 02:57:13,200
see in my DMs, that I see in my comments
5409
02:57:13,200 --> 02:57:14,880
from people who are not getting where
5410
02:57:14,880 --> 02:57:16,479
they want to go as fast as they'd like
5411
02:57:16,479 --> 02:57:19,120
to get there. First big category is bad
5412
02:57:19,120 --> 02:57:21,920
friends. So if you want better friends,
5413
02:57:21,920 --> 02:57:24,080
get used to seeing them less. Better
5414
02:57:24,080 --> 02:57:26,880
friends are busy friends. So I remember
5415
02:57:26,880 --> 02:57:30,319
when I started working more and some of
5416
02:57:30,319 --> 02:57:31,680
the friends that I had were a little bit
5417
02:57:31,680 --> 02:57:34,000
more ambitious, I started realizing that
5418
02:57:34,000 --> 02:57:35,920
the people that I liked the most, I
5419
02:57:35,920 --> 02:57:37,600
actually didn't spend as much time with.
5420
02:57:37,600 --> 02:57:38,960
and the people that were always
5421
02:57:38,960 --> 02:57:40,720
available were the ones that I didn't
5422
02:57:40,720 --> 02:57:42,880
want to become more like. Here's five
5423
02:57:42,880 --> 02:57:44,560
questions you should consider when
5424
02:57:44,560 --> 02:57:46,240
thinking about whether to keep a friend
5425
02:57:46,240 --> 02:57:48,319
in your life or cut them. Question
5426
02:57:48,319 --> 02:57:50,560
number one is, if someone told you that
5427
02:57:50,560 --> 02:57:52,800
you're a lot like your friend, would you
5428
02:57:52,800 --> 02:57:55,439
take that as a compliment? Second, are
5429
02:57:55,439 --> 02:57:58,240
you truly fulfilled by the friendship or
5430
02:57:58,240 --> 02:57:59,760
is it just someone to keep you from
5431
02:57:59,760 --> 02:58:02,640
being lonely? Third, are you able to be
5432
02:58:02,640 --> 02:58:05,279
unapologetically yourself or do you feel
5433
02:58:05,279 --> 02:58:07,359
the need to act differently to please
5434
02:58:07,359 --> 02:58:09,600
that friend or to be around that friend?
5435
02:58:09,600 --> 02:58:13,040
Fourth, do you like who this friend is
5436
02:58:13,040 --> 02:58:16,479
right now today or do you like the idea
5437
02:58:16,479 --> 02:58:18,479
of the friend and who they could be
5438
02:58:18,479 --> 02:58:21,279
someday? And then finally, five, would
5439
02:58:21,279 --> 02:58:24,880
you want your future or imagined child
5440
02:58:24,880 --> 02:58:26,880
to be friends with someone like this
5441
02:58:26,880 --> 02:58:28,640
person? And I think it's a really
5442
02:58:28,640 --> 02:58:30,399
wonderful lipmus test because it forces
5443
02:58:30,399 --> 02:58:32,720
you to take a look outside of yourself
5444
02:58:32,720 --> 02:58:34,640
in order to have perspective from a
5445
02:58:34,640 --> 02:58:37,120
third-party angle on the true quality of
5446
02:58:37,120 --> 02:58:39,279
that person. But the reality is that
5447
02:58:39,279 --> 02:58:42,800
rare people are by definition rare. It's
5448
02:58:42,800 --> 02:58:45,279
normal to have fewer of them. And so if
5449
02:58:45,279 --> 02:58:47,680
you only have a few friends or one good
5450
02:58:47,680 --> 02:58:51,600
friend, then that's normal if you want
5451
02:58:51,600 --> 02:58:53,760
rare and exceptional friends. If you
5452
02:58:53,760 --> 02:58:55,920
have many friends, it's far more likely
5453
02:58:55,920 --> 02:58:58,000
that the bar for your friendship is too
5454
02:58:58,000 --> 02:59:00,080
low. And to give you a filter that I
5455
02:59:00,080 --> 02:59:01,600
actually used for the most important
5456
02:59:01,600 --> 02:59:03,439
friend in my life, Leila, I like to
5457
02:59:03,439 --> 02:59:05,359
think, does this person have the same
5458
02:59:05,359 --> 02:59:07,760
scale of goals that I have? So, it
5459
02:59:07,760 --> 02:59:09,200
doesn't mean that they have to have the
5460
02:59:09,200 --> 02:59:11,279
same goals as you, but it has to be the
5461
02:59:11,279 --> 02:59:13,359
same level of goals as you because at
5462
02:59:13,359 --> 02:59:14,560
least you're going in the same
5463
02:59:14,560 --> 02:59:16,240
direction. So, that's number one. Number
5464
02:59:16,240 --> 02:59:18,560
two is, do they have the same level of
5465
02:59:18,560 --> 02:59:20,240
dedication and commitment to those
5466
02:59:20,240 --> 02:59:21,520
goals? Because I don't know about you,
5467
02:59:21,520 --> 02:59:22,800
but I had plenty of friends who were
5468
02:59:22,800 --> 02:59:25,120
like, I want to be an NFL player. I want
5469
02:59:25,120 --> 02:59:27,520
to be a really rich tech entrepreneur. I
5470
02:59:27,520 --> 02:59:30,399
want to be a a touring musician, right?
5471
02:59:30,399 --> 02:59:31,840
And they had these goals, but I'm like,
5472
02:59:31,840 --> 02:59:33,520
dude, I see you just playing Fortnite 4
5473
02:59:33,520 --> 02:59:35,439
hours a day and you you practice guitar
5474
02:59:35,439 --> 02:59:37,120
once a week. Like, what do you really
5475
02:59:37,120 --> 02:59:38,800
want that or do you just like saying it
5476
02:59:38,800 --> 02:59:40,640
because it makes you feel good? And so,
5477
02:59:40,640 --> 02:59:43,600
I wanted people who walked the walk. And
5478
02:59:43,600 --> 02:59:45,439
I wanted people who would keep up with
5479
02:59:45,439 --> 02:59:47,680
my pace. And if you are someone who's
5480
02:59:47,680 --> 02:59:49,200
ambitious, and this is me just talking
5481
02:59:49,200 --> 02:59:50,399
specifically to you, because there's
5482
02:59:50,399 --> 02:59:51,600
only a few people who are watching this
5483
02:59:51,600 --> 02:59:53,120
who really are, and you'll know that if
5484
02:59:53,120 --> 02:59:55,600
it's you, you have to get used to being
5485
02:59:55,600 --> 02:59:57,760
alone because there are seasons where
5486
02:59:57,760 --> 02:59:59,359
you'll basically transition from one
5487
02:59:59,359 --> 03:00:01,200
group of friends into another. And it's
5488
03:00:01,200 --> 03:00:02,479
not even a group of you'll usually
5489
03:00:02,479 --> 03:00:04,000
transition from a group of friends into
5490
03:00:04,000 --> 03:00:06,000
no friends. And then you'll find one or
5491
03:00:06,000 --> 03:00:08,000
two people who are at a new level. And
5492
03:00:08,000 --> 03:00:09,279
then sometimes those people introduce
5493
03:00:09,279 --> 03:00:10,800
you to some of their friends. And if you
5494
03:00:10,800 --> 03:00:13,439
keep walking and you keep outpacing,
5495
03:00:13,439 --> 03:00:15,439
then that group will then start retiring
5496
03:00:15,439 --> 03:00:17,040
past you. and then maybe one person
5497
03:00:17,040 --> 03:00:18,880
stays with you, maybe no one does, and
5498
03:00:18,880 --> 03:00:20,880
you'll have another lonely period. I'm
5499
03:00:20,880 --> 03:00:22,720
saying this because I used to think that
5500
03:00:22,720 --> 03:00:24,960
there was something wrong with me when
5501
03:00:24,960 --> 03:00:27,279
in reality I just didn't understand what
5502
03:00:27,279 --> 03:00:29,760
the nature of being exceptional meant.
5503
03:00:29,760 --> 03:00:32,560
And so I'm saying this purely from a
5504
03:00:32,560 --> 03:00:34,640
definitional perspective. To be
5505
03:00:34,640 --> 03:00:36,479
exceptional means that you are the
5506
03:00:36,479 --> 03:00:38,240
exception. It means that you are not
5507
03:00:38,240 --> 03:00:41,120
normal. And so it's normal for normal
5508
03:00:41,120 --> 03:00:44,000
people to find you abnormal if you do
5509
03:00:44,000 --> 03:00:46,399
things that are not normal. Don't let
5510
03:00:46,399 --> 03:00:50,640
people who have mediocre goals deter you
5511
03:00:50,640 --> 03:00:53,359
from taking actions that make you great
5512
03:00:53,359 --> 03:00:54,880
because it makes you different.
5513
03:00:54,880 --> 03:00:56,640
Realizing that I thought most people
5514
03:00:56,640 --> 03:00:58,399
actually made no sense. They say they
5515
03:00:58,399 --> 03:00:59,680
had these goals, but they took no
5516
03:00:59,680 --> 03:01:01,279
action. And they called me work
5517
03:01:01,279 --> 03:01:02,720
obsessed. They would tell me I should
5518
03:01:02,720 --> 03:01:04,240
take time off and they're like, "Hey,
5519
03:01:04,240 --> 03:01:05,680
you're not you're not you're not as cool
5520
03:01:05,680 --> 03:01:06,960
anymore. You're not you're not hanging
5521
03:01:06,960 --> 03:01:08,080
out with the boys. It's like why aren't
5522
03:01:08,080 --> 03:01:09,520
you participating in the fantasy league?
5523
03:01:09,520 --> 03:01:10,960
Why aren't you watching football on
5524
03:01:10,960 --> 03:01:12,479
Sunday with us? And for me, I actually
5525
03:01:12,479 --> 03:01:14,160
used to love watching football uh with
5526
03:01:14,160 --> 03:01:15,279
my friends. It was actually one of my
5527
03:01:15,279 --> 03:01:16,720
biggest things that I look forward to.
5528
03:01:16,720 --> 03:01:18,160
But the thing is is that like I needed
5529
03:01:18,160 --> 03:01:19,680
that Sunday cuz I had to prep workouts.
5530
03:01:19,680 --> 03:01:21,040
I had to prep the music list for the
5531
03:01:21,040 --> 03:01:22,880
next day. I had to run billing. I had to
5532
03:01:22,880 --> 03:01:25,040
do all this other work. And the thing is
5533
03:01:25,040 --> 03:01:27,120
is that like I looked at that football
5534
03:01:27,120 --> 03:01:29,040
game and I was like my goals are more
5535
03:01:29,040 --> 03:01:30,479
important to me than this. And so I
5536
03:01:30,479 --> 03:01:31,920
think that a lot of people don't
5537
03:01:31,920 --> 03:01:33,120
actually look at themselves in the
5538
03:01:33,120 --> 03:01:34,960
mirror and say like one year from today
5539
03:01:34,960 --> 03:01:37,200
will I will I remember this football
5540
03:01:37,200 --> 03:01:39,520
game or will I remember the fact that
5541
03:01:39,520 --> 03:01:41,680
I'm not where I said I wanted to be. And
5542
03:01:41,680 --> 03:01:43,439
to me that was significantly more
5543
03:01:43,439 --> 03:01:46,240
painful. Now this is an uncomfortable
5544
03:01:46,240 --> 03:01:49,439
fact for a lot of people. Your ability
5545
03:01:49,439 --> 03:01:51,760
to delay gratification is actually a
5546
03:01:51,760 --> 03:01:54,080
function of intelligence. And so your
5547
03:01:54,080 --> 03:01:56,000
ability to learn at a longer and longer
5548
03:01:56,000 --> 03:01:57,840
delay is something that comes I mean
5549
03:01:57,840 --> 03:01:59,359
we're talking from primates all the way
5550
03:01:59,359 --> 03:02:02,399
up. And so basically if you want to
5551
03:02:02,399 --> 03:02:04,640
teach a monkey how to do something you
5552
03:02:04,640 --> 03:02:06,080
have to say hey do this thing and then
5553
03:02:06,080 --> 03:02:07,920
immediately give them a reward. And the
5554
03:02:07,920 --> 03:02:10,080
longer that period goes on the less
5555
03:02:10,080 --> 03:02:11,680
trainable they are. The sign of
5556
03:02:11,680 --> 03:02:13,040
intelligence is that you can actually
5557
03:02:13,040 --> 03:02:14,960
expand the reinforcement window and they
5558
03:02:14,960 --> 03:02:17,520
can still abstract it back to the
5559
03:02:17,520 --> 03:02:20,160
original action. If you want to practice
5560
03:02:20,160 --> 03:02:22,560
intelligence, then being able to
5561
03:02:22,560 --> 03:02:26,640
actively delay your need for a result or
5562
03:02:26,640 --> 03:02:29,359
reward from the work you do will make
5563
03:02:29,359 --> 03:02:31,840
you a more intelligent person because
5564
03:02:31,840 --> 03:02:34,160
your rate of learning will actually
5565
03:02:34,160 --> 03:02:36,800
increase despite the fact that your
5566
03:02:36,800 --> 03:02:39,439
reward rate will decrease in the short
5567
03:02:39,439 --> 03:02:41,120
term. And so to give you full
5568
03:02:41,120 --> 03:02:43,600
transparency on what 2025 might look
5569
03:02:43,600 --> 03:02:45,359
like if you accomplish your goals at the
5570
03:02:45,359 --> 03:02:47,200
end, you might have a different friend
5571
03:02:47,200 --> 03:02:50,800
group or no friends at all for a season
5572
03:02:50,800 --> 03:02:52,479
because you don't become like the people
5573
03:02:52,479 --> 03:02:54,880
you admire. You become like the people
5574
03:02:54,880 --> 03:02:57,600
you want to impress. Harvard made this,
5575
03:02:57,600 --> 03:02:58,960
you know, wonderful study years ago
5576
03:02:58,960 --> 03:03:01,520
about the best predictor of someone's
5577
03:03:01,520 --> 03:03:03,840
long-term material success was what they
5578
03:03:03,840 --> 03:03:05,439
called their reference group. Now, this
5579
03:03:05,439 --> 03:03:07,600
has been misqued in places by the five
5580
03:03:07,600 --> 03:03:09,120
people you spend the most time with, but
5581
03:03:09,120 --> 03:03:10,399
it's actually the five people you
5582
03:03:10,399 --> 03:03:12,399
compare yourself to, and that's a very
5583
03:03:12,399 --> 03:03:14,479
big difference. Now, I want to take it a
5584
03:03:14,479 --> 03:03:16,000
step further because I think to myself,
5585
03:03:16,000 --> 03:03:18,720
what are the things that affect our
5586
03:03:18,720 --> 03:03:21,600
behavior? And so, it's really about the
5587
03:03:21,600 --> 03:03:23,600
people that you want to impress, not
5588
03:03:23,600 --> 03:03:25,120
necessarily even who you compare
5589
03:03:25,120 --> 03:03:27,439
yourself to, because it's the people
5590
03:03:27,439 --> 03:03:29,840
whose voices you hear when you're about
5591
03:03:29,840 --> 03:03:32,640
to make a big life decision. And so when
5592
03:03:32,640 --> 03:03:34,800
you make a big life decision, you don't
5593
03:03:34,800 --> 03:03:37,040
listen to the people closest to you. You
5594
03:03:37,040 --> 03:03:38,479
should listen to the people closest to
5595
03:03:38,479 --> 03:03:40,720
your goals. And some of them may not be
5596
03:03:40,720 --> 03:03:42,640
in your neighborhood or your city or
5597
03:03:42,640 --> 03:03:44,479
your state or your high school or your
5598
03:03:44,479 --> 03:03:46,000
college. They might just be people you
5599
03:03:46,000 --> 03:03:47,520
follow on the internet. And you have to
5600
03:03:47,520 --> 03:03:50,319
abstract what would that person think
5601
03:03:50,319 --> 03:03:53,359
about this decision? Not my mom, not my
5602
03:03:53,359 --> 03:03:56,399
homie, not my uncle, or that person at
5603
03:03:56,399 --> 03:03:58,399
church. And so I think this is a great
5604
03:03:58,399 --> 03:03:59,760
transition of thinking through instead
5605
03:03:59,760 --> 03:04:01,359
of necessarily even having mentors,
5606
03:04:01,359 --> 03:04:04,640
having heroes and transposing what you
5607
03:04:04,640 --> 03:04:06,560
think their decision-making calculus
5608
03:04:06,560 --> 03:04:09,120
would be onto your life. And so it's
5609
03:04:09,120 --> 03:04:10,640
interesting is that I will have
5610
03:04:10,640 --> 03:04:12,319
conversations with entrepreneurs and
5611
03:04:12,319 --> 03:04:13,920
they'll say, "Hey, here's my current
5612
03:04:13,920 --> 03:04:15,760
condition. This is my desired state.
5613
03:04:15,760 --> 03:04:17,279
This is what I perceive my obstacle to
5614
03:04:17,279 --> 03:04:19,040
be." And I say, "Okay, well, what do you
5615
03:04:19,040 --> 03:04:20,080
think?" And they're like, "Well, I think
5616
03:04:20,080 --> 03:04:21,359
you're going to say I should do X, Y,
5617
03:04:21,359 --> 03:04:23,040
and Z." And I'm like, "You're right. Why
5618
03:04:23,040 --> 03:04:26,240
aren't you?" They're like, "Well," and
5619
03:04:26,240 --> 03:04:28,080
the thing is is that basically what they
5620
03:04:28,080 --> 03:04:31,200
answer with after that well is in
5621
03:04:31,200 --> 03:04:33,359
essence other people's opinion who
5622
03:04:33,359 --> 03:04:35,040
aren't at the place they want to be.
5623
03:04:35,040 --> 03:04:36,720
Here's the the uncomfortable truth,
5624
03:04:36,720 --> 03:04:39,200
which is that winners focus on winning.
5625
03:04:39,200 --> 03:04:41,920
Losers focus on winners. And you never
5626
03:04:41,920 --> 03:04:44,479
receive hate from above, always below,
5627
03:04:44,479 --> 03:04:46,080
because winners have their eyes on the
5628
03:04:46,080 --> 03:04:48,160
goal, not on other people. And so, you
5629
03:04:48,160 --> 03:04:49,680
have to decide whether you want to be a
5630
03:04:49,680 --> 03:04:51,200
loser or a winner. And I'm just being
5631
03:04:51,200 --> 03:04:53,040
real with you. What this looks like in
5632
03:04:53,040 --> 03:04:56,080
reality and maybe for you in 2025 will
5633
03:04:56,080 --> 03:04:58,800
be like this. First, you look like an
5634
03:04:58,800 --> 03:05:00,720
idiot to everyone else while you try to
5635
03:05:00,720 --> 03:05:03,520
figure it out. Then everyone else looks
5636
03:05:03,520 --> 03:05:05,680
like an idiot for ever doubting you.
5637
03:05:05,680 --> 03:05:07,920
Seasons. And so, everyone takes a
5638
03:05:07,920 --> 03:05:09,840
different amount of years to stop giving
5639
03:05:09,840 --> 03:05:12,000
a [ __ ] about what everyone else thinks.
5640
03:05:12,000 --> 03:05:13,200
And if you're going to get there
5641
03:05:13,200 --> 03:05:14,880
eventually, you might as well start
5642
03:05:14,880 --> 03:05:17,200
today and enjoy the benefits longer. So,
5643
03:05:17,200 --> 03:05:20,319
if I'm 85 years old, I think about what
5644
03:05:20,319 --> 03:05:22,640
that man cares about. And that man cares
5645
03:05:22,640 --> 03:05:25,439
about very, very little. All you have to
5646
03:05:25,439 --> 03:05:27,520
do is talk to an elderly person or a
5647
03:05:27,520 --> 03:05:28,960
grandparent and be like, what do you
5648
03:05:28,960 --> 03:05:30,720
think about this? A lot of like, ah, who
5649
03:05:30,720 --> 03:05:32,720
cares? Like, it doesn't matter. Life is
5650
03:05:32,720 --> 03:05:34,720
literally too short. They literally
5651
03:05:34,720 --> 03:05:36,640
don't have time for it. And so I think
5652
03:05:36,640 --> 03:05:38,319
to myself, if that's the ultimate
5653
03:05:38,319 --> 03:05:40,399
version of me, if I'm going to get there
5654
03:05:40,399 --> 03:05:42,399
eventually, and that's what the wisest
5655
03:05:42,399 --> 03:05:44,399
people think after having the most life
5656
03:05:44,399 --> 03:05:46,720
experience, then why would I not try to
5657
03:05:46,720 --> 03:05:49,600
cheat code that into today and then not
5658
03:05:49,600 --> 03:05:51,840
have to go looking back from 85 and
5659
03:05:51,840 --> 03:05:53,439
think, man, I wish I knew then what I
5660
03:05:53,439 --> 03:05:55,840
know now. Look forward to 85year-old
5661
03:05:55,840 --> 03:05:58,000
self and say, I am going to choose to
5662
03:05:58,000 --> 03:05:59,600
learn the lesson I know I'm going to
5663
03:05:59,600 --> 03:06:01,600
learn and act as if I knew it today.
5664
03:06:01,600 --> 03:06:03,920
Because the difference between them and
5665
03:06:03,920 --> 03:06:08,080
you is that what they consider work, you
5666
03:06:08,080 --> 03:06:10,160
consider life. And so you have to accept
5667
03:06:10,160 --> 03:06:11,760
that you have a fundamental different
5668
03:06:11,760 --> 03:06:15,200
understanding of how life works. And I
5669
03:06:15,200 --> 03:06:17,760
believe that is a more accurate view of
5670
03:06:17,760 --> 03:06:19,760
reality. The reason that the rich can
5671
03:06:19,760 --> 03:06:21,439
get richer is because they see the world
5672
03:06:21,439 --> 03:06:23,840
differently than the poor. And so it
5673
03:06:23,840 --> 03:06:25,439
makes sense that if your poor friends
5674
03:06:25,439 --> 03:06:27,680
don't see what you see, that they see
5675
03:06:27,680 --> 03:06:30,000
through the lens of poverty. And all my
5676
03:06:30,000 --> 03:06:31,840
goal in life is to be able to see
5677
03:06:31,840 --> 03:06:34,160
reality more accurately. And so in the
5678
03:06:34,160 --> 03:06:35,520
beginning, you have to develop this
5679
03:06:35,520 --> 03:06:37,680
armor, this thick skin around people
5680
03:06:37,680 --> 03:06:39,840
saying those little snide comments of
5681
03:06:39,840 --> 03:06:41,439
like, you work too hard, you're too
5682
03:06:41,439 --> 03:06:43,920
obsessed, you have a toxic work
5683
03:06:43,920 --> 03:06:45,680
capacity, and why are you working
5684
03:06:45,680 --> 03:06:47,120
weekends? Why are you working late
5685
03:06:47,120 --> 03:06:48,560
nights? You're you're not like this is
5686
03:06:48,560 --> 03:06:50,319
not worth it. They're not paying you
5687
03:06:50,319 --> 03:06:52,240
enough for the work that you do. All of
5688
03:06:52,240 --> 03:06:53,840
these different things. Because
5689
03:06:53,840 --> 03:06:56,880
eventually that armor on the outside
5690
03:06:56,880 --> 03:06:59,040
actually just becomes one with you. And
5691
03:06:59,040 --> 03:07:01,279
you don't even hear it anymore because I
5692
03:07:01,279 --> 03:07:03,439
can promise you that those people who
5693
03:07:03,439 --> 03:07:05,920
were in my life decades ago. They're
5694
03:07:05,920 --> 03:07:08,080
just not even I don't hear those those
5695
03:07:08,080 --> 03:07:10,960
claims anymore for two reasons. One,
5696
03:07:10,960 --> 03:07:12,720
because my reality changed so
5697
03:07:12,720 --> 03:07:14,240
drastically that they couldn't say
5698
03:07:14,240 --> 03:07:16,640
anything. And secondarily, they're just
5699
03:07:16,640 --> 03:07:19,040
not in my world anymore. I was only able
5700
03:07:19,040 --> 03:07:21,600
to get here because what they deemed
5701
03:07:21,600 --> 03:07:24,960
acceptable, I deemed intolerable. how
5702
03:07:24,960 --> 03:07:28,560
far you go in life. I truly believe this
5703
03:07:28,560 --> 03:07:30,720
is based and predicated only on one
5704
03:07:30,720 --> 03:07:33,200
thing which is your actual standard. And
5705
03:07:33,200 --> 03:07:35,359
so I believe that the person who runs
5706
03:07:35,359 --> 03:07:37,600
any company or runs any division should
5707
03:07:37,600 --> 03:07:39,279
be the person who has the highest
5708
03:07:39,279 --> 03:07:40,960
standards. And if there's ever a day
5709
03:07:40,960 --> 03:07:42,479
that someone has a higher standard for
5710
03:07:42,479 --> 03:07:44,640
acquisition.com than me, they should run
5711
03:07:44,640 --> 03:07:46,720
this instead of me because they would be
5712
03:07:46,720 --> 03:07:48,880
the one who's best serving the company.
5713
03:07:48,880 --> 03:07:50,240
And so the person who should have the
5714
03:07:50,240 --> 03:07:53,120
highest standard for you is you. And so
5715
03:07:53,120 --> 03:07:54,560
it makes sense that they have a lower
5716
03:07:54,560 --> 03:07:56,640
bar, but why would I listen to their bar
5717
03:07:56,640 --> 03:07:59,920
on my life? I think that that standard
5718
03:07:59,920 --> 03:08:02,560
is the one thing that rich kids get from
5719
03:08:02,560 --> 03:08:05,920
rich parents more than anything else is
5720
03:08:05,920 --> 03:08:08,160
because they have an expectation of
5721
03:08:08,160 --> 03:08:11,120
life. They don't accept opportunities
5722
03:08:11,120 --> 03:08:13,600
that are below that standard. And so
5723
03:08:13,600 --> 03:08:16,080
they actually get their huge leg up on
5724
03:08:16,080 --> 03:08:18,319
the pick on the vehicles that they
5725
03:08:18,319 --> 03:08:20,399
choose to pursue. And so one of the
5726
03:08:20,399 --> 03:08:22,080
tougher parts if you're not from an area
5727
03:08:22,080 --> 03:08:23,840
where people make a lot of money or not
5728
03:08:23,840 --> 03:08:25,520
from you don't know anybody who's a you
5729
03:08:25,520 --> 03:08:27,120
know super successful entrepreneur is
5730
03:08:27,120 --> 03:08:28,560
that you basically have to borrow
5731
03:08:28,560 --> 03:08:30,479
someone else's measuring stick and you
5732
03:08:30,479 --> 03:08:32,160
have to say is this the standard that
5733
03:08:32,160 --> 03:08:35,120
Elon would pursue? Is this the standard
5734
03:08:35,120 --> 03:08:37,680
Bezos would pursue? Is this the standard
5735
03:08:37,680 --> 03:08:40,240
Jobs would pursue? And if it isn't then
5736
03:08:40,240 --> 03:08:42,080
why are you doing it? If you want to be
5737
03:08:42,080 --> 03:08:44,319
like them then act like them. If you
5738
03:08:44,319 --> 03:08:46,240
want to be like your friends, then you
5739
03:08:46,240 --> 03:08:47,520
can act like your friends, but don't be
5740
03:08:47,520 --> 03:08:49,600
surprised that you have what they have
5741
03:08:49,600 --> 03:08:51,359
or lack what they lack. If we're
5742
03:08:51,359 --> 03:08:52,479
thinking about elimination, we're
5743
03:08:52,479 --> 03:08:54,720
eliminating bad friends and tangentially
5744
03:08:54,720 --> 03:08:56,160
their opinions about you that are
5745
03:08:56,160 --> 03:08:58,160
affecting your behavior. So the next
5746
03:08:58,160 --> 03:08:59,520
thing are what things are playing
5747
03:08:59,520 --> 03:09:01,120
interference on your time and your
5748
03:09:01,120 --> 03:09:03,279
attention. All right. So I would say
5749
03:09:03,279 --> 03:09:04,960
opinions of other people are affecting
5750
03:09:04,960 --> 03:09:06,960
your behavior and your decisions. I
5751
03:09:06,960 --> 03:09:09,279
think that your environment affects your
5752
03:09:09,279 --> 03:09:11,200
efficiency of behavior. So think about
5753
03:09:11,200 --> 03:09:13,439
how much more you get per hour of
5754
03:09:13,439 --> 03:09:16,479
output. If you can't sit still, ignore
5755
03:09:16,479 --> 03:09:19,120
notifications, and focus on one task for
5756
03:09:19,120 --> 03:09:21,200
eight hours straight. Never expect to
5757
03:09:21,200 --> 03:09:22,800
build anything great. And as
5758
03:09:22,800 --> 03:09:25,200
uncomfortable as that is, it's also the
5759
03:09:25,200 --> 03:09:27,520
truth. Like I I don't know a single
5760
03:09:27,520 --> 03:09:29,359
incredibly successful entrepreneur that
5761
03:09:29,359 --> 03:09:31,600
can't sit down and have hyperfocused
5762
03:09:31,600 --> 03:09:33,439
periods of time, sometimes weekends,
5763
03:09:33,439 --> 03:09:35,040
weeks at a time, where they don't talk
5764
03:09:35,040 --> 03:09:37,439
to anyone and they just hammer away. And
5765
03:09:37,439 --> 03:09:39,359
it's whether they're coding for software
5766
03:09:39,359 --> 03:09:41,279
or they're making some insane marketing
5767
03:09:41,279 --> 03:09:42,640
campaign and all the email follow-ups
5768
03:09:42,640 --> 03:09:44,000
and all the text follow-ups and and the
5769
03:09:44,000 --> 03:09:45,760
affiliate uh you know promotions and
5770
03:09:45,760 --> 03:09:47,680
incentives or someone who's creating a
5771
03:09:47,680 --> 03:09:49,040
product that they're designing and
5772
03:09:49,040 --> 03:09:50,160
they're in the shop and they keep
5773
03:09:50,160 --> 03:09:52,000
tweaking at it. Or they're somebody
5774
03:09:52,000 --> 03:09:54,000
who's who's hypers scaling a company and
5775
03:09:54,000 --> 03:09:56,160
saying I'm going to sit in 20 interviews
5776
03:09:56,160 --> 03:09:58,560
a day for for seven days straight so I
5777
03:09:58,560 --> 03:10:00,479
can hire 20 people this week because I
5778
03:10:00,479 --> 03:10:02,399
need to get going. Right? Like if you
5779
03:10:02,399 --> 03:10:05,520
can't sit still and ignore notifications
5780
03:10:05,520 --> 03:10:08,800
and focus for a day, nothing great will
5781
03:10:08,800 --> 03:10:11,040
get accomplished because it's not about
5782
03:10:11,040 --> 03:10:12,160
what you want, it's about what's
5783
03:10:12,160 --> 03:10:14,160
required. And it's and whether that's
5784
03:10:14,160 --> 03:10:16,319
your best or not is irrelevant. It's
5785
03:10:16,319 --> 03:10:17,840
just there's a price tag and you got to
5786
03:10:17,840 --> 03:10:19,600
be willing to pay for it or you don't
5787
03:10:19,600 --> 03:10:21,520
get the thing. And a lot of times it's
5788
03:10:21,520 --> 03:10:24,160
not what you want. And I I I I spend a
5789
03:10:24,160 --> 03:10:25,840
lot of time trying to dispel the concept
5790
03:10:25,840 --> 03:10:27,760
of like follow your passion because I
5791
03:10:27,760 --> 03:10:30,240
think it leads more people astray than
5792
03:10:30,240 --> 03:10:32,399
it helps because it's very easy for
5793
03:10:32,399 --> 03:10:34,399
someone who's successful who's already
5794
03:10:34,399 --> 03:10:36,479
delegated tons of things to only then
5795
03:10:36,479 --> 03:10:38,479
focus on their area of genius and then
5796
03:10:38,479 --> 03:10:41,600
say here for my seat do what I do. But
5797
03:10:41,600 --> 03:10:42,880
there's a very big difference between
5798
03:10:42,880 --> 03:10:44,479
doing what someone does and doing what
5799
03:10:44,479 --> 03:10:46,479
they did to get there. And I think this
5800
03:10:46,479 --> 03:10:47,920
is what's lost in a lot of the content
5801
03:10:47,920 --> 03:10:49,680
that I see in the entrepreneurial space.
5802
03:10:49,680 --> 03:10:51,439
And to be clear, whenever I'm trying to
5803
03:10:51,439 --> 03:10:53,120
get to the next level, I often have to
5804
03:10:53,120 --> 03:10:54,560
take on things that I don't know how to
5805
03:10:54,560 --> 03:10:56,319
do and I have to learn how to do them,
5806
03:10:56,319 --> 03:10:57,760
which means I have to suck for a period
5807
03:10:57,760 --> 03:10:59,840
of time. And sucking sucks. But the
5808
03:10:59,840 --> 03:11:00,880
thing is is you have to be able to
5809
03:11:00,880 --> 03:11:02,560
embrace that period of time and say like
5810
03:11:02,560 --> 03:11:04,560
this is the cost of greatness. And so
5811
03:11:04,560 --> 03:11:06,240
I'll give you something very tactical.
5812
03:11:06,240 --> 03:11:08,160
So I have timers in a lot of my offices
5813
03:11:08,160 --> 03:11:10,240
and my team has adopted this too, which
5814
03:11:10,240 --> 03:11:12,640
is I like to time block, which is
5815
03:11:12,640 --> 03:11:14,000
essentially saying how long do I think
5816
03:11:14,000 --> 03:11:15,439
this is going to take? And you can do
5817
03:11:15,439 --> 03:11:17,040
this on a week scale, you can do it on a
5818
03:11:17,040 --> 03:11:18,640
daily level. It depends on the level of
5819
03:11:18,640 --> 03:11:20,560
project you're tackling. But for me,
5820
03:11:20,560 --> 03:11:22,000
even on the most micro level, I say,
5821
03:11:22,000 --> 03:11:24,399
"Okay, how long should this take?" I'll
5822
03:11:24,399 --> 03:11:26,240
then crank this thing. Boop. I think
5823
03:11:26,240 --> 03:11:28,319
this should take 20 minutes. And then I
5824
03:11:28,319 --> 03:11:30,720
hit start and I let the timer go. And if
5825
03:11:30,720 --> 03:11:32,479
for whatever reason something distracts
5826
03:11:32,479 --> 03:11:36,000
me, I pause it so that I know that I
5827
03:11:36,000 --> 03:11:38,080
didn't actually work that period of
5828
03:11:38,080 --> 03:11:39,840
time. And so what happens is it will
5829
03:11:39,840 --> 03:11:41,920
give you a very real look at how long
5830
03:11:41,920 --> 03:11:44,000
you're actually working versus how long
5831
03:11:44,000 --> 03:11:45,439
you think you're working. and you tell
5832
03:11:45,439 --> 03:11:47,040
other people working and you Instagram
5833
03:11:47,040 --> 03:11:49,200
how long you're working. And as I've
5834
03:11:49,200 --> 03:11:51,120
become more efficient at work, meaning
5835
03:11:51,120 --> 03:11:53,439
my output per unit of time has gone up,
5836
03:11:53,439 --> 03:11:55,200
I've realized that there's just been a
5837
03:11:55,200 --> 03:11:57,279
significant decrease in the distractions
5838
03:11:57,279 --> 03:12:00,160
that I allow to interrupt me. Again, if
5839
03:12:00,160 --> 03:12:01,920
you want to stay focused, staying
5840
03:12:01,920 --> 03:12:04,319
focused is not like zeroing in and
5841
03:12:04,319 --> 03:12:05,840
saying, "I'm going to do it just like
5842
03:12:05,840 --> 03:12:07,200
I'm going to I'm going to I'm going to
5843
03:12:07,200 --> 03:12:10,319
just zoom in on this thing." It's more
5844
03:12:10,319 --> 03:12:13,120
that focus occurs when you remove
5845
03:12:13,120 --> 03:12:16,240
everything else. what's left is focus.
5846
03:12:16,240 --> 03:12:18,240
And so Jerry Seinfeld has this uh this
5847
03:12:18,240 --> 03:12:20,080
famous process that he talks about with
5848
03:12:20,080 --> 03:12:21,600
writing and I think writers are also
5849
03:12:21,600 --> 03:12:23,279
wonderful people for talking to for deep
5850
03:12:23,279 --> 03:12:24,640
work because it's the nature of the work
5851
03:12:24,640 --> 03:12:26,399
they do. One of the things that he did
5852
03:12:26,399 --> 03:12:28,240
and he has done for years for his
5853
03:12:28,240 --> 03:12:30,399
standup so he can script it out is that
5854
03:12:30,399 --> 03:12:32,960
he locks himself in a room that has no
5855
03:12:32,960 --> 03:12:35,680
windows and has nothing but a yellow
5856
03:12:35,680 --> 03:12:38,240
notepad and a pen. And he tells himself
5857
03:12:38,240 --> 03:12:40,160
that he has to go in that room and he
5858
03:12:40,160 --> 03:12:41,840
doesn't have to write but he can't do
5859
03:12:41,840 --> 03:12:43,840
anything else. And so what ends up
5860
03:12:43,840 --> 03:12:45,680
happening is that writing occurs as a
5861
03:12:45,680 --> 03:12:48,160
default. And so focus kind of works the
5862
03:12:48,160 --> 03:12:50,240
same way. You eliminate everything else
5863
03:12:50,240 --> 03:12:52,240
by to create focus. You don't try and
5864
03:12:52,240 --> 03:12:54,560
push harder while also having these
5865
03:12:54,560 --> 03:12:56,720
disruptions. So there's three easy ways
5866
03:12:56,720 --> 03:12:58,960
that I make my phone less distracting.
5867
03:12:58,960 --> 03:13:01,120
The first is I switch it to grayscale.
5868
03:13:01,120 --> 03:13:03,680
And so grayscale decreases consumption
5869
03:13:03,680 --> 03:13:06,319
across all people by 30%ish. And that's
5870
03:13:06,319 --> 03:13:08,240
researchbacked. It's pretty cool. The
5871
03:13:08,240 --> 03:13:09,840
second thing is turning off all
5872
03:13:09,840 --> 03:13:12,960
notifications across all apps on your
5873
03:13:12,960 --> 03:13:15,600
phone because you never want your app to
5874
03:13:15,600 --> 03:13:17,600
be dictating when it's convenient for
5875
03:13:17,600 --> 03:13:19,279
the app to disrupt you. Like, how
5876
03:13:19,279 --> 03:13:21,520
ridiculous is that? But we let apps have
5877
03:13:21,520 --> 03:13:23,920
that permission. Most phones and people
5878
03:13:23,920 --> 03:13:26,560
want to push notifications to you. I
5879
03:13:26,560 --> 03:13:28,560
want to pull them when it's convenient
5880
03:13:28,560 --> 03:13:31,600
for me. The third thing is other people.
5881
03:13:31,600 --> 03:13:34,399
And so I have a mode on my phone where
5882
03:13:34,399 --> 03:13:36,960
no one can get through. And when I do
5883
03:13:36,960 --> 03:13:38,960
that, then I can reach out to them when
5884
03:13:38,960 --> 03:13:41,120
it's convenient for me. Because if it's
5885
03:13:41,120 --> 03:13:43,840
actually an emergency, call 911. And if
5886
03:13:43,840 --> 03:13:45,920
it's not a true emergency, then it can
5887
03:13:45,920 --> 03:13:47,680
wait. And my team wanted to remind me
5888
03:13:47,680 --> 03:13:49,680
that I don't email. I heard in uh I
5889
03:13:49,680 --> 03:13:52,239
think it was like 2016 that Bill Clinton
5890
03:13:52,239 --> 03:13:54,000
didn't use email. And I was like, if
5891
03:13:54,000 --> 03:13:55,120
he's the president, he doesn't use
5892
03:13:55,120 --> 03:13:58,239
email, I cannot use email. And so uh my
5893
03:13:58,239 --> 03:14:00,960
team doesn't contact me via email. And
5894
03:14:00,960 --> 03:14:03,279
so if you can eliminate entire channels,
5895
03:14:03,279 --> 03:14:06,880
that's also an easier way to concentrate
5896
03:14:06,880 --> 03:14:09,200
uh fewer flows of communication. And
5897
03:14:09,200 --> 03:14:12,080
here's the thing, it's always harder,
5898
03:14:12,080 --> 03:14:14,080
takes longer, and costs more than you
5899
03:14:14,080 --> 03:14:17,040
think it will. That is a reflection of
5900
03:14:17,040 --> 03:14:20,080
poor expectations, not that that reality
5901
03:14:20,080 --> 03:14:22,880
is bad. And so it makes sense that it
5902
03:14:22,880 --> 03:14:25,040
would be harder, take longer, and cost
5903
03:14:25,040 --> 03:14:26,720
more. Because if it didn't, then
5904
03:14:26,720 --> 03:14:28,160
everyone would have it, and everyone had
5905
03:14:28,160 --> 03:14:30,000
it, then it wouldn't be worthwhile. And
5906
03:14:30,000 --> 03:14:32,160
so literally the difficulty of the task
5907
03:14:32,160 --> 03:14:34,560
that you embark on is proportional to
5908
03:14:34,560 --> 03:14:36,399
the reward that you ultimately get
5909
03:14:36,399 --> 03:14:38,160
because you are the asset that you build
5910
03:14:38,160 --> 03:14:40,000
more than the achievement. And so if
5911
03:14:40,000 --> 03:14:42,160
it's hard, that's amazing because it
5912
03:14:42,160 --> 03:14:43,520
will make you that much harder once you
5913
03:14:43,520 --> 03:14:45,200
conquer it. And it will also make it
5914
03:14:45,200 --> 03:14:46,880
harder for anybody else who wants to
5915
03:14:46,880 --> 03:14:48,800
follow in your footsteps. And so the
5916
03:14:48,800 --> 03:14:50,160
higher up the mountain you climb, the
5917
03:14:50,160 --> 03:14:52,880
thinner the air gets and the rarer the
5918
03:14:52,880 --> 03:14:55,840
climber or explorer must be in order to
5919
03:14:55,840 --> 03:14:57,520
get there. And so, I don't know about
5920
03:14:57,520 --> 03:14:59,600
you, but I would so much rather climb a
5921
03:14:59,600 --> 03:15:01,359
mountain that so few people have been
5922
03:15:01,359 --> 03:15:02,960
able to climb so that I can see a view
5923
03:15:02,960 --> 03:15:04,800
that other people haven't seen. And so,
5924
03:15:04,800 --> 03:15:06,720
speaking of expectations, let me talk
5925
03:15:06,720 --> 03:15:08,479
about the worst expectation of all,
5926
03:15:08,479 --> 03:15:10,319
which is entitlement, which is the
5927
03:15:10,319 --> 03:15:12,880
expectation of life or other people to
5928
03:15:12,880 --> 03:15:14,479
give you something without earning it.
5929
03:15:14,479 --> 03:15:17,120
And I think that this is is a is a virus
5930
03:15:17,120 --> 03:15:19,760
in today's culture right now. And so,
5931
03:15:19,760 --> 03:15:21,920
there's the famous quote, "Hard times
5932
03:15:21,920 --> 03:15:24,239
create strong men. Strong men create
5933
03:15:24,239 --> 03:15:27,040
good times. Good times create weak men
5934
03:15:27,040 --> 03:15:29,840
and weak men create hard times. It makes
5935
03:15:29,840 --> 03:15:32,319
sense that right now we have a lot of
5936
03:15:32,319 --> 03:15:34,399
weak men because it's been pretty good
5937
03:15:34,399 --> 03:15:36,479
times. The good news about that is that
5938
03:15:36,479 --> 03:15:39,040
it's so easy to beat them. You just have
5939
03:15:39,040 --> 03:15:42,000
to show up, be on time, prepare the
5940
03:15:42,000 --> 03:15:44,640
night before, remembers people's names,
5941
03:15:44,640 --> 03:15:46,399
actually follow up when you say you were
5942
03:15:46,399 --> 03:15:49,439
going to, and try like you mean it
5943
03:15:49,439 --> 03:15:51,359
rather than trying like you want to get
5944
03:15:51,359 --> 03:15:53,760
credit for trying. And I see this is
5945
03:15:53,760 --> 03:15:56,080
this this thing that's that that's
5946
03:15:56,080 --> 03:15:58,880
pervasive right now is that people will
5947
03:15:58,880 --> 03:16:00,239
comment or they'll DM me and they're
5948
03:16:00,239 --> 03:16:02,720
like, "Hey, I'm trying really hard." As
5949
03:16:02,720 --> 03:16:04,239
though I'm supposed to give them credit
5950
03:16:04,239 --> 03:16:06,800
for trying. The world doesn't work that
5951
03:16:06,800 --> 03:16:09,040
way. It gives you credit for achieving.
5952
03:16:09,040 --> 03:16:10,560
And the reason that you want credit for
5953
03:16:10,560 --> 03:16:13,040
trying is because you want it to cost
5954
03:16:13,040 --> 03:16:15,760
less, take shorter time period, and be
5955
03:16:15,760 --> 03:16:18,399
easier. And so if you restate your
5956
03:16:18,399 --> 03:16:21,600
complaint about the difficulty as, "Oh,
5957
03:16:21,600 --> 03:16:23,920
I have false expectations about the ease
5958
03:16:23,920 --> 03:16:26,239
or the price tag of this goal." Then all
5959
03:16:26,239 --> 03:16:27,760
of a sudden you realize that the only
5960
03:16:27,760 --> 03:16:30,000
real problem was that you expected it to
5961
03:16:30,000 --> 03:16:32,160
cost less. It's like going to the store
5962
03:16:32,160 --> 03:16:33,279
and being like, "Oh, I've got these
5963
03:16:33,279 --> 03:16:35,279
Jordans that I really want to buy. I got
5964
03:16:35,279 --> 03:16:37,279
$50. I'm so excited to buy them." You go
5965
03:16:37,279 --> 03:16:40,160
to the store and see that they're $300.
5966
03:16:40,160 --> 03:16:41,279
At that point, you can just say,
5967
03:16:41,279 --> 03:16:43,680
"Jordans aren't for me." Or you can say,
5968
03:16:43,680 --> 03:16:45,680
"Oh, I will have to keep working and
5969
03:16:45,680 --> 03:16:47,760
keep saving so that I can afford this."
5970
03:16:47,760 --> 03:16:49,760
And so it's a lot about affording the
5971
03:16:49,760 --> 03:16:52,399
goals that you want to achieve and a lot
5972
03:16:52,399 --> 03:16:54,160
of things that we have to spend in order
5973
03:16:54,160 --> 03:16:56,239
to get them is the time and the
5974
03:16:56,239 --> 03:16:58,560
rejection of not achieving what we want
5975
03:16:58,560 --> 03:17:00,720
on the timeline we originally thought.
5976
03:17:00,720 --> 03:17:02,640
Like what makes success hard is that the
5977
03:17:02,640 --> 03:17:04,720
expectation that society puts because we
5978
03:17:04,720 --> 03:17:06,399
only see the highlight reel. You
5979
03:17:06,399 --> 03:17:08,319
actually only see people after they
5980
03:17:08,319 --> 03:17:10,720
finish the race. People think success is
5981
03:17:10,720 --> 03:17:13,040
like watching a marathon, not running a
5982
03:17:13,040 --> 03:17:15,359
marathon. When you watch a marathon, you
5983
03:17:15,359 --> 03:17:16,960
look at the beginning and you look at
5984
03:17:16,960 --> 03:17:18,720
the end. It only takes you a couple of
5985
03:17:18,720 --> 03:17:20,720
seconds to see both of those. But
5986
03:17:20,720 --> 03:17:23,520
running a marathon is four, five, six
5987
03:17:23,520 --> 03:17:25,760
straight hours of breathing heavy,
5988
03:17:25,760 --> 03:17:27,040
wondering when it's going to end,
5989
03:17:27,040 --> 03:17:28,800
counting, starting to play games in your
5990
03:17:28,800 --> 03:17:30,960
mind of like, okay, I'm I'm 2/ird of the
5991
03:17:30,960 --> 03:17:32,960
way there. I'm two two more quarters of
5992
03:17:32,960 --> 03:17:35,760
that. I'm only one of the of 1/8 of the
5993
03:17:35,760 --> 03:17:37,359
way there. And you keep doing this to
5994
03:17:37,359 --> 03:17:39,840
play tricks on your mind to keep going.
5995
03:17:39,840 --> 03:17:41,439
But the thing is is that in a mile
5996
03:17:41,439 --> 03:17:43,680
marker race, it's very clear to know how
5997
03:17:43,680 --> 03:17:44,800
you're going to get to the finish line
5998
03:17:44,800 --> 03:17:46,640
and how long it's going to take. The
5999
03:17:46,640 --> 03:17:48,399
only difference with success is that you
6000
03:17:48,399 --> 03:17:49,760
just have to keep running and you don't
6001
03:17:49,760 --> 03:17:51,200
know where the finish line is. And
6002
03:17:51,200 --> 03:17:53,040
people will only cheer you on at that
6003
03:17:53,040 --> 03:17:54,399
finish line that they don't know where
6004
03:17:54,399 --> 03:17:55,920
it is either, which means you have to
6005
03:17:55,920 --> 03:17:57,439
get used to running alone. And so the
6006
03:17:57,439 --> 03:18:00,239
difficulty is you have to start running
6007
03:18:00,239 --> 03:18:02,319
and you have to keep running, but you
6008
03:18:02,319 --> 03:18:04,239
just don't know whether you're running
6009
03:18:04,239 --> 03:18:07,520
for a mile or 300. And so this is where
6010
03:18:07,520 --> 03:18:09,520
the pacing is important. So a lot of
6011
03:18:09,520 --> 03:18:10,880
people will run really hard. They'll
6012
03:18:10,880 --> 03:18:13,760
they'll think because they only saw the
6013
03:18:13,760 --> 03:18:15,760
beginning of the marathon on TV and the
6014
03:18:15,760 --> 03:18:17,840
finish of the marathon on TV that they
6015
03:18:17,840 --> 03:18:19,520
can just sprint because both of those
6016
03:18:19,520 --> 03:18:21,600
clips only lasted a couple of seconds.
6017
03:18:21,600 --> 03:18:24,160
So, they start their marathon of success
6018
03:18:24,160 --> 03:18:26,239
of whatever it is they're going after by
6019
03:18:26,239 --> 03:18:28,880
sprinting as hard as they can and then
6020
03:18:28,880 --> 03:18:30,800
they realize that there's no one around
6021
03:18:30,800 --> 03:18:32,560
and there's just a bunch of open road
6022
03:18:32,560 --> 03:18:33,760
ahead of them and they're like, "How
6023
03:18:33,760 --> 03:18:35,520
long is this going to take?" And that's
6024
03:18:35,520 --> 03:18:37,760
when reality sets in. And so, I make
6025
03:18:37,760 --> 03:18:40,080
these videos to say that a lot of times
6026
03:18:40,080 --> 03:18:42,960
it's going to take longer. So, one of
6027
03:18:42,960 --> 03:18:45,040
the big nasty things that you have to
6028
03:18:45,040 --> 03:18:48,880
eliminate on this path is the identity
6029
03:18:48,880 --> 03:18:51,200
that you have about yourself, the isms
6030
03:18:51,200 --> 03:18:53,760
that you claim. And so, for example,
6031
03:18:53,760 --> 03:18:57,680
like, oh, I'm a I'm a neat freak. I'm a
6032
03:18:57,680 --> 03:19:00,720
I'm not good at math. I'm not techy. And
6033
03:19:00,720 --> 03:19:02,479
so, you make these statements and they
6034
03:19:02,479 --> 03:19:04,720
don't serve you. Fundamentally, you
6035
03:19:04,720 --> 03:19:06,960
should have one razor that rules all
6036
03:19:06,960 --> 03:19:09,040
decisions. And I this is this is pretty
6037
03:19:09,040 --> 03:19:11,279
cruel, but it's also the reality of the
6038
03:19:11,279 --> 03:19:15,359
world, which is does this thing person
6039
03:19:15,359 --> 03:19:18,560
belief make it more or less likely that
6040
03:19:18,560 --> 03:19:21,359
I hit my goals? And so if you run every
6041
03:19:21,359 --> 03:19:23,279
single thing you do, the actions you
6042
03:19:23,279 --> 03:19:25,120
take, the people you hang out with, you
6043
03:19:25,120 --> 03:19:26,960
having your phone in the room, you
6044
03:19:26,960 --> 03:19:29,680
saying I'm not techy, does this increase
6045
03:19:29,680 --> 03:19:31,680
or decrease the likelihood that you hit
6046
03:19:31,680 --> 03:19:33,920
your goals? And I'm not saying this to
6047
03:19:33,920 --> 03:19:35,520
preach cuz I had one that I dealt with
6048
03:19:35,520 --> 03:19:37,840
for a long time. So I always considered
6049
03:19:37,840 --> 03:19:40,319
myself to be bad at math. I remember I
6050
03:19:40,319 --> 03:19:42,319
was decent at math and then in nth grade
6051
03:19:42,319 --> 03:19:43,680
I had a really bad teacher and it
6052
03:19:43,680 --> 03:19:45,120
basically put me back a year. Basically
6053
03:19:45,120 --> 03:19:46,640
after algebra I didn't really learn
6054
03:19:46,640 --> 03:19:48,080
anything because the year after that I
6055
03:19:48,080 --> 03:19:49,520
didn't have the the foundations from the
6056
03:19:49,520 --> 03:19:53,040
year before. The difficulty was I kept
6057
03:19:53,040 --> 03:19:55,120
saying after that point I'm just not
6058
03:19:55,120 --> 03:19:58,319
good at math. But when I was in my 20s I
6059
03:19:58,319 --> 03:19:59,840
made the decision that that didn't serve
6060
03:19:59,840 --> 03:20:02,720
me anymore. And so I was like okay well
6061
03:20:02,720 --> 03:20:04,720
what would I have to do to feel like I
6062
03:20:04,720 --> 03:20:06,319
was good at math? And I was like, well,
6063
03:20:06,319 --> 03:20:07,680
people who like can do math in their
6064
03:20:07,680 --> 03:20:09,040
head. I think that's a pretty cool
6065
03:20:09,040 --> 03:20:11,680
thing. And so I didn't use a calculator
6066
03:20:11,680 --> 03:20:15,439
for anything for years. And then I
6067
03:20:15,439 --> 03:20:17,200
learned I mean, I made a lot of mistakes
6068
03:20:17,200 --> 03:20:18,880
in the beginning, but then I got better
6069
03:20:18,880 --> 03:20:21,120
and better at doing math in my head. And
6070
03:20:21,120 --> 03:20:23,040
I would check it obviously after I was
6071
03:20:23,040 --> 03:20:25,520
done, but I always let my head try and
6072
03:20:25,520 --> 03:20:27,600
do it first. And so nowadays, if you
6073
03:20:27,600 --> 03:20:29,200
were to ask people, man, is Alex good at
6074
03:20:29,200 --> 03:20:30,080
math? They're like, dude, he just
6075
03:20:30,080 --> 03:20:32,000
rattles off numbers like crazy. But the
6076
03:20:32,000 --> 03:20:34,399
thing is is that until I was in my 20s,
6077
03:20:34,399 --> 03:20:36,640
I thought I was bad at math. And so it's
6078
03:20:36,640 --> 03:20:38,560
like we are so much more pliable than we
6079
03:20:38,560 --> 03:20:40,720
think we are. And we had something that
6080
03:20:40,720 --> 03:20:42,160
set us on a trajectory a little bit
6081
03:20:42,160 --> 03:20:44,080
earlier in life that just gave us maybe
6082
03:20:44,080 --> 03:20:46,399
a little bit of disadvantage. Fine,
6083
03:20:46,399 --> 03:20:48,640
because you just have to get over it.
6084
03:20:48,640 --> 03:20:50,640
Everyone's childhood was difficult. And
6085
03:20:50,640 --> 03:20:52,479
if you want to win the award for hardest
6086
03:20:52,479 --> 03:20:54,720
childhood, congrats, you win. You feel
6087
03:20:54,720 --> 03:20:57,279
better, right? No one cares about what
6088
03:20:57,279 --> 03:20:59,200
happened to you then. Only what you can
6089
03:20:59,200 --> 03:21:03,120
make happen now. Identity is a lie. We
6090
03:21:03,120 --> 03:21:06,239
only describe people about who they are
6091
03:21:06,239 --> 03:21:10,399
by what they do. Doing is being. And so
6092
03:21:10,399 --> 03:21:12,720
if you want to be somehow different, you
6093
03:21:12,720 --> 03:21:14,720
have to do different things. And then
6094
03:21:14,720 --> 03:21:16,960
only afterwards will people describe you
6095
03:21:16,960 --> 03:21:18,640
based on the actions you take. Think
6096
03:21:18,640 --> 03:21:20,399
about back in the day, the actual names
6097
03:21:20,399 --> 03:21:23,760
people had was he's John the Carpenter,
6098
03:21:23,760 --> 03:21:26,399
he's John the Stonesmith, he's John the
6099
03:21:26,399 --> 03:21:28,880
Mason, right? People literally had their
6100
03:21:28,880 --> 03:21:31,279
names based on what they did. That
6101
03:21:31,279 --> 03:21:33,120
hasn't changed. The first thing you do
6102
03:21:33,120 --> 03:21:34,399
when you meet somebody is you find out
6103
03:21:34,399 --> 03:21:36,000
what do what do you do? And that that
6104
03:21:36,000 --> 03:21:37,279
gives you indications. And if you want
6105
03:21:37,279 --> 03:21:39,279
to describe who someone is, what do you
6106
03:21:39,279 --> 03:21:41,680
say? You describe what they do. And so
6107
03:21:41,680 --> 03:21:43,840
this means that our identity is 100%
6108
03:21:43,840 --> 03:21:45,359
under our control because we control
6109
03:21:45,359 --> 03:21:47,840
what we do. And then only after the fact
6110
03:21:47,840 --> 03:21:49,200
will other people describe you in that
6111
03:21:49,200 --> 03:21:51,439
way. So we covered environmental things
6112
03:21:51,439 --> 03:21:53,279
like with the phone and having a timer.
6113
03:21:53,279 --> 03:21:55,279
We covered interpersonal things in terms
6114
03:21:55,279 --> 03:21:57,040
of our identity and voting with the our
6115
03:21:57,040 --> 03:21:58,239
dollars and time about the things that
6116
03:21:58,239 --> 03:22:00,640
we care about. We eliminated the bad
6117
03:22:00,640 --> 03:22:03,200
people and their opinions about us that
6118
03:22:03,200 --> 03:22:04,800
affect our behavior. And so we've
6119
03:22:04,800 --> 03:22:07,200
eliminated all these things. So now
6120
03:22:07,200 --> 03:22:09,840
we've made room to get started. And the
6121
03:22:09,840 --> 03:22:12,160
good news is you only need three things
6122
03:22:12,160 --> 03:22:14,960
to win. The balls to start, the brains
6123
03:22:14,960 --> 03:22:17,200
to learn, and the heart to never give
6124
03:22:17,200 --> 03:22:19,600
up. And the best thing is you already
6125
03:22:19,600 --> 03:22:21,520
have all three. And for the girls, you
6126
03:22:21,520 --> 03:22:22,960
have gonads. So it's fine. it still
6127
03:22:22,960 --> 03:22:25,680
counts. And so my ask of you is to make
6128
03:22:25,680 --> 03:22:27,520
the commitment. Now this is again the
6129
03:22:27,520 --> 03:22:29,920
elimination of alternatives, to make the
6130
03:22:29,920 --> 03:22:32,239
commitment to never stop. And so it
6131
03:22:32,239 --> 03:22:33,439
doesn't mean that I'm asking you to
6132
03:22:33,439 --> 03:22:35,760
commit to be successful. I'm asking you
6133
03:22:35,760 --> 03:22:37,680
to commit to keep running, to keep
6134
03:22:37,680 --> 03:22:39,600
walking the marathon. Even if you have
6135
03:22:39,600 --> 03:22:41,680
to pant and you have to slow down, you
6136
03:22:41,680 --> 03:22:44,640
just can't stop. And so the best way to
6137
03:22:44,640 --> 03:22:46,720
hit next year's goals is to not wait
6138
03:22:46,720 --> 03:22:48,560
until next year to work on them. Is to
6139
03:22:48,560 --> 03:22:50,479
start now. Because I'll tell you this,
6140
03:22:50,479 --> 03:22:52,319
if you feel like you need a special
6141
03:22:52,319 --> 03:22:54,720
occasion to begin making your life
6142
03:22:54,720 --> 03:22:57,760
better, then it assumes that a special
6143
03:22:57,760 --> 03:23:00,560
occasion must always be there for you to
6144
03:23:00,560 --> 03:23:03,359
want to improve yourself. It shows that
6145
03:23:03,359 --> 03:23:05,359
you don't think today is worth
6146
03:23:05,359 --> 03:23:07,600
improving. And so that means that you
6147
03:23:07,600 --> 03:23:10,000
typically will always cast forward when
6148
03:23:10,000 --> 03:23:11,680
you think things are worth improving.
6149
03:23:11,680 --> 03:23:13,680
And so the easiest way to vote with your
6150
03:23:13,680 --> 03:23:15,760
action is to make today the only day
6151
03:23:15,760 --> 03:23:17,680
that is good because it's the only day
6152
03:23:17,680 --> 03:23:20,080
you have control over. My hot take,
6153
03:23:20,080 --> 03:23:22,800
which shouldn't be, is you don't have to
6154
03:23:22,800 --> 03:23:24,560
wait until January 1st to better
6155
03:23:24,560 --> 03:23:26,560
yourself. And I'm purposely posting this
6156
03:23:26,560 --> 03:23:28,560
before the year ends because I think
6157
03:23:28,560 --> 03:23:31,200
it's stupid to wait. Like why would you
6158
03:23:31,200 --> 03:23:32,960
wait on getting better? Why would you
6159
03:23:32,960 --> 03:23:34,479
like if you had a lottery ticket, why
6160
03:23:34,479 --> 03:23:36,560
would you wait to cash it in? You would
6161
03:23:36,560 --> 03:23:38,479
cash it in as fast as humanly possible.
6162
03:23:38,479 --> 03:23:40,319
And that lottery ticket is the life that
6163
03:23:40,319 --> 03:23:42,239
you want on the other side of this. Why
6164
03:23:42,239 --> 03:23:44,640
would you wait? Here's a harsh truth.
6165
03:23:44,640 --> 03:23:48,640
You're young. You've got time. False.
6166
03:23:48,640 --> 03:23:51,439
All that lie does is extend how long it
6167
03:23:51,439 --> 03:23:53,760
takes people to realize tomorrow isn't
6168
03:23:53,760 --> 03:23:56,479
guaranteed. Nothing is going to be easy.
6169
03:23:56,479 --> 03:23:59,040
Get over it. It takes time to get good.
6170
03:23:59,040 --> 03:24:01,200
And the sooner you start, the sooner you
6171
03:24:01,200 --> 03:24:03,600
act. And the sooner you act, the sooner
6172
03:24:03,600 --> 03:24:06,720
you get. And don't stop until you do.
6173
03:24:06,720 --> 03:24:08,720
And as harsh as that sounds, I do have
6174
03:24:08,720 --> 03:24:11,760
good news. It only takes 20 hours of
6175
03:24:11,760 --> 03:24:13,840
focused effort to get decent at
6176
03:24:13,840 --> 03:24:16,399
anything. The problem is people wait
6177
03:24:16,399 --> 03:24:18,160
years before they start their first
6178
03:24:18,160 --> 03:24:20,479
hour. So many of you could probably
6179
03:24:20,479 --> 03:24:22,880
start achieving next year goals before
6180
03:24:22,880 --> 03:24:25,279
the end of this year. 20 hours is not
6181
03:24:25,279 --> 03:24:26,960
that long. If you're like, man, I really
6182
03:24:26,960 --> 03:24:28,239
want to learn ads. I really want to
6183
03:24:28,239 --> 03:24:29,359
learn how to make content. I really want
6184
03:24:29,359 --> 03:24:30,479
to learn how to edit videos. I really
6185
03:24:30,479 --> 03:24:32,479
want to learn how to sell. You can do
6186
03:24:32,479 --> 03:24:35,120
that now. And you can have that skill.
6187
03:24:35,120 --> 03:24:37,359
like we can onboard a new sales guy in
6188
03:24:37,359 --> 03:24:39,520
in in a few days. There's this massive
6189
03:24:39,520 --> 03:24:41,439
delay that people think because of the
6190
03:24:41,439 --> 03:24:44,640
unknown. They don't know what is going
6191
03:24:44,640 --> 03:24:46,640
to happen and so they therefore assume
6192
03:24:46,640 --> 03:24:48,880
that it's bad. And so the reality is
6193
03:24:48,880 --> 03:24:50,560
that most people don't like surprises
6194
03:24:50,560 --> 03:24:52,000
even if they're good ones. Have you ever
6195
03:24:52,000 --> 03:24:53,359
heard people like, "Oh, I don't like
6196
03:24:53,359 --> 03:24:56,399
surprise parties." It's a [ __ ] party.
6197
03:24:56,399 --> 03:24:59,040
Why would you hate a surprise party
6198
03:24:59,040 --> 03:25:01,040
that's in your favor? You hate it
6199
03:25:01,040 --> 03:25:02,800
because you don't like the unknown. And
6200
03:25:02,800 --> 03:25:04,479
so it's a really good thing to test for
6201
03:25:04,479 --> 03:25:06,640
yourself, which is why would I hate a
6202
03:25:06,640 --> 03:25:09,120
good surprise? You hate it because
6203
03:25:09,120 --> 03:25:10,800
there's a possibility that the surprise
6204
03:25:10,800 --> 03:25:13,680
is negative. But on a long time horizon,
6205
03:25:13,680 --> 03:25:15,359
you know, 85year-old you isn't even
6206
03:25:15,359 --> 03:25:17,040
going to remember it to begin with. This
6207
03:25:17,040 --> 03:25:18,640
is a this is going to be a weird one for
6208
03:25:18,640 --> 03:25:21,760
you, but just stay with me. If you've
6209
03:25:21,760 --> 03:25:24,880
ever been so drunk that you're throwing
6210
03:25:24,880 --> 03:25:27,600
up and you think to yourself, "Man, I'm
6211
03:25:27,600 --> 03:25:29,840
probably not going to remember this."
6212
03:25:29,840 --> 03:25:32,000
The good news is is that once you do
6213
03:25:32,000 --> 03:25:34,080
succeed, that terrible period of
6214
03:25:34,080 --> 03:25:36,080
vomiting or whatever the difficulty is
6215
03:25:36,080 --> 03:25:37,600
that you're going through, it'll
6216
03:25:37,600 --> 03:25:39,600
actually compress in your mind. And so,
6217
03:25:39,600 --> 03:25:41,200
as difficult as it may seem in the
6218
03:25:41,200 --> 03:25:42,960
moment, it actually doesn't stay with
6219
03:25:42,960 --> 03:25:45,439
you. All you'll have left is the thing
6220
03:25:45,439 --> 03:25:47,680
you accomplished, you won't remember the
6221
03:25:47,680 --> 03:25:49,279
work that it took to get there. There'll
6222
03:25:49,279 --> 03:25:50,960
be a significant discount on the
6223
03:25:50,960 --> 03:25:53,439
punishment you endured. I tend to have a
6224
03:25:53,439 --> 03:25:55,359
bad habit of really not looking back
6225
03:25:55,359 --> 03:25:58,560
very much. And so I occasionally will go
6226
03:25:58,560 --> 03:26:01,359
through my photos and I am reminded
6227
03:26:01,359 --> 03:26:03,520
about all of the mistakes and the
6228
03:26:03,520 --> 03:26:06,000
detours that I took along the way to
6229
03:26:06,000 --> 03:26:07,439
where I wanted to go. And I'll tell you
6230
03:26:07,439 --> 03:26:08,960
the story that my father told me when I
6231
03:26:08,960 --> 03:26:12,399
was uh very impatient. He said, "Listen,
6232
03:26:12,399 --> 03:26:14,319
you think that this is taking too long
6233
03:26:14,319 --> 03:26:16,560
for you to be successful?" He said, "Do
6234
03:26:16,560 --> 03:26:18,880
you know how long it took me to become a
6235
03:26:18,880 --> 03:26:21,200
doctor?" And I was like, "No." He's
6236
03:26:21,200 --> 03:26:24,000
like, "Well, so my father's a run-in,
6237
03:26:24,000 --> 03:26:28,160
and he left the country to get educated,
6238
03:26:28,160 --> 03:26:29,680
and there was a program for anybody
6239
03:26:29,680 --> 03:26:30,880
who's a run-in that the government would
6240
03:26:30,880 --> 03:26:32,479
pay for your schooling as long as you
6241
03:26:32,479 --> 03:26:34,239
came back with the education." Now, the
6242
03:26:34,239 --> 03:26:36,239
revolution occurred during the time he
6243
03:26:36,239 --> 03:26:37,520
was away. So, he actually never got to
6244
03:26:37,520 --> 03:26:41,439
go back. He went to uh France, Paris, to
6245
03:26:41,439 --> 03:26:43,600
try and enter medical school. Only
6246
03:26:43,600 --> 03:26:46,239
problem, he didn't speak French. And so
6247
03:26:46,239 --> 03:26:48,880
he's trying to do premed in another
6248
03:26:48,880 --> 03:26:50,720
language as somebody who doesn't even
6249
03:26:50,720 --> 03:26:52,720
share the same alphabet. And so he
6250
03:26:52,720 --> 03:26:56,080
failed that year. He then took a the
6251
03:26:56,080 --> 03:26:57,680
second year he tried again because
6252
03:26:57,680 --> 03:26:59,120
you're allowed in in in France. It's a
6253
03:26:59,120 --> 03:26:59,920
different system. You could just
6254
03:26:59,920 --> 03:27:01,200
basically try as many times as you want.
6255
03:27:01,200 --> 03:27:04,720
He started again and the second year he
6256
03:27:04,720 --> 03:27:06,880
failed again and then he talked to his
6257
03:27:06,880 --> 03:27:07,840
brother and he's like, "I don't know if
6258
03:27:07,840 --> 03:27:09,040
being a doctor is for me. Like I just
6259
03:27:09,040 --> 03:27:11,439
feel like imagine this like failing two
6260
03:27:11,439 --> 03:27:14,239
full years in a row." and his brother
6261
03:27:14,239 --> 03:27:15,760
said, "Hey, why don't you go to Belgium?
6262
03:27:15,760 --> 03:27:17,439
You know, change the environment, you
6263
03:27:17,439 --> 03:27:18,720
know, different different school,
6264
03:27:18,720 --> 03:27:21,040
different people. Go there." So, he went
6265
03:27:21,040 --> 03:27:23,439
to Belgium and then his third try, he
6266
03:27:23,439 --> 03:27:25,520
made it past his first year. Now, mind
6267
03:27:25,520 --> 03:27:27,040
you, at this point, he had two years of
6268
03:27:27,040 --> 03:27:29,040
learning French and so he was able to
6269
03:27:29,040 --> 03:27:30,479
finally actually understand what the
6270
03:27:30,479 --> 03:27:33,120
professor was saying. So, was it that he
6271
03:27:33,120 --> 03:27:36,160
wasn't smart enough to understand how to
6272
03:27:36,160 --> 03:27:38,319
become a doctor or was it that he just
6273
03:27:38,319 --> 03:27:40,160
had other skills that he lacked along
6274
03:27:40,160 --> 03:27:42,319
the way? And so a lot of people right
6275
03:27:42,319 --> 03:27:43,840
now are judging the fact that they
6276
03:27:43,840 --> 03:27:45,840
didn't succeed because they somehow
6277
03:27:45,840 --> 03:27:47,439
think it's some innate trait. I'm not
6278
03:27:47,439 --> 03:27:49,279
smart enough. I'm not good enough. But
6279
03:27:49,279 --> 03:27:50,560
sometimes you just lack some
6280
03:27:50,560 --> 03:27:52,640
prerequisite skills, right? Like if
6281
03:27:52,640 --> 03:27:54,080
you're like trying to learn calculus and
6282
03:27:54,080 --> 03:27:55,439
you've never done arithmetic before,
6283
03:27:55,439 --> 03:27:57,439
it's going to be really hard, right?
6284
03:27:57,439 --> 03:27:59,680
Dare I say impossible. And so if you
6285
03:27:59,680 --> 03:28:01,600
jump straight into calculus, you're not
6286
03:28:01,600 --> 03:28:03,359
going to win. So sometimes you have to
6287
03:28:03,359 --> 03:28:04,960
take two steps back in order to build
6288
03:28:04,960 --> 03:28:07,120
the foundation to get forward. Now, I'm
6289
03:28:07,120 --> 03:28:08,960
going to keep the story going. So he
6290
03:28:08,960 --> 03:28:11,279
then graduates in uh you know seven
6291
03:28:11,279 --> 03:28:12,720
years because how long it takes the
6292
03:28:12,720 --> 03:28:14,000
actual medical school system is
6293
03:28:14,000 --> 03:28:16,319
different in in in in uh in Europe. They
6294
03:28:16,319 --> 03:28:18,399
actually do college and the the next
6295
03:28:18,399 --> 03:28:20,640
degree all is one thing. So 7 years
6296
03:28:20,640 --> 03:28:23,680
later he graduates. Okay. Then he's this
6297
03:28:23,680 --> 03:28:25,439
Iranian dude can't go back to his own
6298
03:28:25,439 --> 03:28:27,520
country. Meets a girl in Belgium. She
6299
03:28:27,520 --> 03:28:29,680
says I'm from the US. And so he comes
6300
03:28:29,680 --> 03:28:32,560
back to the US with the lady who would
6301
03:28:32,560 --> 03:28:35,120
eventually become my mother. And when
6302
03:28:35,120 --> 03:28:38,239
he's in the US, he then his doctor, his
6303
03:28:38,239 --> 03:28:42,239
his MD doesn't apply here. So he then
6304
03:28:42,239 --> 03:28:44,479
has to basically do it again in the
6305
03:28:44,479 --> 03:28:46,960
United States. And in order to do this,
6306
03:28:46,960 --> 03:28:48,640
you have to get a residency. Now,
6307
03:28:48,640 --> 03:28:50,239
getting a residency as someone who's a
6308
03:28:50,239 --> 03:28:53,120
foreigner back then was pretty tough.
6309
03:28:53,120 --> 03:28:55,040
And so it took him two years where he
6310
03:28:55,040 --> 03:28:56,960
had to basically work minimum wage jobs.
6311
03:28:56,960 --> 03:28:59,520
He was like uh he had to like run slides
6312
03:28:59,520 --> 03:29:01,760
like radiology slides back and forth as
6313
03:29:01,760 --> 03:29:03,760
like a runner, a courier. when he was a
6314
03:29:03,760 --> 03:29:05,680
full surgeon, but he couldn't do it here
6315
03:29:05,680 --> 03:29:07,920
in the US. And so imagine how
6316
03:29:07,920 --> 03:29:10,479
emasculineating it is, right? Where your
6317
03:29:10,479 --> 03:29:12,880
wife comes back, she's able, she was a
6318
03:29:12,880 --> 03:29:14,239
US citizen and had all this other stuff,
6319
03:29:14,239 --> 03:29:15,760
right? And she could, she got her
6320
03:29:15,760 --> 03:29:17,920
internship immediately because uh she
6321
03:29:17,920 --> 03:29:19,840
was US and she was a girl, whatever. And
6322
03:29:19,840 --> 03:29:22,800
my father didn't. And so he then had to
6323
03:29:22,800 --> 03:29:25,120
do two more years where he didn't have
6324
03:29:25,120 --> 03:29:26,880
progress. So he he told me the whole
6325
03:29:26,880 --> 03:29:27,920
story and then eventually obviously he
6326
03:29:27,920 --> 03:29:29,439
got the he got the residency and then he
6327
03:29:29,439 --> 03:29:30,880
was able to get in the path. But if you
6328
03:29:30,880 --> 03:29:32,880
look at that, he basically had four or
6329
03:29:32,880 --> 03:29:34,800
five years of his life where there was
6330
03:29:34,800 --> 03:29:37,200
basically no net gain in progress
6331
03:29:37,200 --> 03:29:39,040
towards his goals. And so he's telling
6332
03:29:39,040 --> 03:29:41,200
me this story when he's 50 and he's
6333
03:29:41,200 --> 03:29:43,760
like, "Look at my life now." He's like,
6334
03:29:43,760 --> 03:29:45,760
"No one knows." He's like, "No one asks
6335
03:29:45,760 --> 03:29:47,680
me how long it took. They just know what
6336
03:29:47,680 --> 03:29:49,840
I have now and what I can do now." And
6337
03:29:49,840 --> 03:29:52,800
so you have this idea that it's that it
6338
03:29:52,800 --> 03:29:55,040
should take a certain period of time. It
6339
03:29:55,040 --> 03:29:57,439
it should only last this long. It should
6340
03:29:57,439 --> 03:29:59,760
be this level of difficulty. But the
6341
03:29:59,760 --> 03:30:01,359
thing is is just that that level of
6342
03:30:01,359 --> 03:30:03,359
perseverance when he decided to go out
6343
03:30:03,359 --> 03:30:05,200
on his own and start his own practice
6344
03:30:05,200 --> 03:30:06,720
rather than and and left the practice
6345
03:30:06,720 --> 03:30:09,439
that he was working in he then didn't
6346
03:30:09,439 --> 03:30:11,040
know anyone and he still had a heavy
6347
03:30:11,040 --> 03:30:13,359
accent was a new guy in a new area and
6348
03:30:13,359 --> 03:30:14,880
it took him time to build up. And what
6349
03:30:14,880 --> 03:30:16,560
did he do? My dad learned how to be a
6350
03:30:16,560 --> 03:30:18,160
general contractor. He built his own
6351
03:30:18,160 --> 03:30:19,520
surgical center because he couldn't
6352
03:30:19,520 --> 03:30:21,279
afford having these outsourced third
6353
03:30:21,279 --> 03:30:23,439
parties that charge $250,000 to build a
6354
03:30:23,439 --> 03:30:25,520
surgery center. He built his his for a
6355
03:30:25,520 --> 03:30:27,279
fraction of that. And so as my dad going
6356
03:30:27,279 --> 03:30:29,120
to Home Depot, measuring and figuring
6357
03:30:29,120 --> 03:30:30,800
these things out as a full plastic
6358
03:30:30,800 --> 03:30:33,120
surgeon, it's not about the resources
6359
03:30:33,120 --> 03:30:34,800
you have. It's about how resourceful
6360
03:30:34,800 --> 03:30:37,200
you're willing to be right now. Getting
6361
03:30:37,200 --> 03:30:40,319
started is 100% under your control. And
6362
03:30:40,319 --> 03:30:42,080
I love taking this frame, which is that
6363
03:30:42,080 --> 03:30:44,560
every self-made billionaire is
6364
03:30:44,560 --> 03:30:46,800
self-made. Now, if you're like, wait,
6365
03:30:46,800 --> 03:30:47,840
there are billionaires who aren't
6366
03:30:47,840 --> 03:30:49,279
self-made, right? That's why I didn't
6367
03:30:49,279 --> 03:30:52,239
say all billionaires. Every self-made
6368
03:30:52,239 --> 03:30:54,720
billionaire is self-made. And every
6369
03:30:54,720 --> 03:30:57,439
self-made millionaire is self-made. And
6370
03:30:57,439 --> 03:30:59,279
here's the one people hate. Every
6371
03:30:59,279 --> 03:31:01,359
self-made person in poverty is
6372
03:31:01,359 --> 03:31:04,319
self-made. Now, that may make you feel
6373
03:31:04,319 --> 03:31:06,399
uncomfortable. And you know what? You
6374
03:31:06,399 --> 03:31:08,560
may be right. You probably did have more
6375
03:31:08,560 --> 03:31:10,080
disadvantages. You probably did have
6376
03:31:10,080 --> 03:31:12,479
things that worked against you. And now
6377
03:31:12,479 --> 03:31:16,560
what? You're right. So that's it then
6378
03:31:16,560 --> 03:31:18,640
for you. The rest of your life will
6379
03:31:18,640 --> 03:31:20,399
never go the way you want it to go. The
6380
03:31:20,399 --> 03:31:22,800
harsh truth here is if you want to feel
6381
03:31:22,800 --> 03:31:26,080
better, blame others. If you want to get
6382
03:31:26,080 --> 03:31:29,920
better, blame yourself. And so my father
6383
03:31:29,920 --> 03:31:32,319
told me that story multiple times in my
6384
03:31:32,319 --> 03:31:34,239
life, as I'm sure your fathers have told
6385
03:31:34,239 --> 03:31:35,760
you stories multiple times in your life,
6386
03:31:35,760 --> 03:31:37,200
or you had a parent or an uncle or a
6387
03:31:37,200 --> 03:31:38,560
brother, and they told you those big
6388
03:31:38,560 --> 03:31:40,720
meaningful stories. And so I'll tell you
6389
03:31:40,720 --> 03:31:43,200
another time he told me it. So after I
6390
03:31:43,200 --> 03:31:46,720
lost everything for the second time,
6391
03:31:46,720 --> 03:31:48,720
think about like I tell the story, but
6392
03:31:48,720 --> 03:31:51,200
it's very easy to gloss over, but think
6393
03:31:51,200 --> 03:31:55,120
about this. I had left my job, went to a
6394
03:31:55,120 --> 03:31:57,200
new area, didn't know anyone, started a
6395
03:31:57,200 --> 03:31:58,800
gym, didn't have enough money to have an
6396
03:31:58,800 --> 03:32:00,800
apartment, slept at my gym, just
6397
03:32:00,800 --> 03:32:02,880
grassroots got it going, made the gym
6398
03:32:02,880 --> 03:32:04,239
successful by working there every hour
6399
03:32:04,239 --> 03:32:06,000
of the day. Was finally successful
6400
03:32:06,000 --> 03:32:07,200
enough to be able to open a second
6401
03:32:07,200 --> 03:32:08,960
location, a third, a fourth, a fifth, a
6402
03:32:08,960 --> 03:32:11,120
sixth. finally feel like I I tasted the
6403
03:32:11,120 --> 03:32:12,239
success, like I'm actually doing
6404
03:32:12,239 --> 03:32:13,120
something. I'm actually pretty good
6405
03:32:13,120 --> 03:32:15,680
here. Like that bet that I made actually
6406
03:32:15,680 --> 03:32:19,760
paid off and then I lose it all. And so
6407
03:32:19,760 --> 03:32:21,920
I I I sell all those locations. I put
6408
03:32:21,920 --> 03:32:23,359
the money in a new thing and then it's
6409
03:32:23,359 --> 03:32:27,040
gone. And so I could look back and say,
6410
03:32:27,040 --> 03:32:30,319
"Wow, I just spent all those years and I
6411
03:32:30,319 --> 03:32:32,720
actually have nothing to show for it.
6412
03:32:32,720 --> 03:32:34,080
The only thing I would have had to show
6413
03:32:34,080 --> 03:32:36,160
was the money that I made." But my
6414
03:32:36,160 --> 03:32:38,720
father retold me that story and he said
6415
03:32:38,720 --> 03:32:40,560
it was never about the amount of
6416
03:32:40,560 --> 03:32:42,319
failures failures he had. It was about
6417
03:32:42,319 --> 03:32:44,399
the education that he had. And so one of
6418
03:32:44,399 --> 03:32:46,479
the other repeated fatherisms that he
6419
03:32:46,479 --> 03:32:49,359
gave me was that education is the only
6420
03:32:49,359 --> 03:32:51,279
thing that no one can take from you. The
6421
03:32:51,279 --> 03:32:53,120
skills you have, the skills you acquire
6422
03:32:53,120 --> 03:32:55,279
along the way are the only thing that
6423
03:32:55,279 --> 03:32:57,760
are truly yours. There's nothing else in
6424
03:32:57,760 --> 03:33:00,080
this world that actually belongs to you.
6425
03:33:00,080 --> 03:33:02,160
Your your clothes can get stolen. the
6426
03:33:02,160 --> 03:33:04,319
belongings you have. And he said this
6427
03:33:04,319 --> 03:33:07,120
from a place of reality, which is my
6428
03:33:07,120 --> 03:33:09,200
family came from a country that took all
6429
03:33:09,200 --> 03:33:11,359
of our assets. They seized everything.
6430
03:33:11,359 --> 03:33:13,680
They seized land. They seized homes.
6431
03:33:13,680 --> 03:33:15,520
They seized wealth. They just said, "Oh
6432
03:33:15,520 --> 03:33:18,720
yeah, all that that's ours now. Good
6433
03:33:18,720 --> 03:33:20,800
luck." This may not be as real for
6434
03:33:20,800 --> 03:33:23,200
people in the United States. But having
6435
03:33:23,200 --> 03:33:25,600
people who everyone in my family had
6436
03:33:25,600 --> 03:33:28,479
everything taken from them that is very
6437
03:33:28,479 --> 03:33:31,439
evident in how they talked to me and how
6438
03:33:31,439 --> 03:33:33,200
I've always seen the world as these
6439
03:33:33,200 --> 03:33:35,359
things are ephemeral these material
6440
03:33:35,359 --> 03:33:37,120
goods the studio the setup the lights
6441
03:33:37,120 --> 03:33:39,920
the whatever the platforms
6442
03:33:39,920 --> 03:33:43,279
like gone but the thing is is that my
6443
03:33:43,279 --> 03:33:45,279
father came here with $1,000 because of
6444
03:33:45,279 --> 03:33:46,880
the revolution and had nothing and built
6445
03:33:46,880 --> 03:33:49,840
the life he has and you can lose it all
6446
03:33:49,840 --> 03:33:52,479
and gain it back. And so we've seen so
6447
03:33:52,479 --> 03:33:53,920
many entrepreneurs who've actually lived
6448
03:33:53,920 --> 03:33:55,200
through this cycle. It's actually a
6449
03:33:55,200 --> 03:33:56,720
common thing in entrepreneurship. And
6450
03:33:56,720 --> 03:33:58,479
it's because you have to understand and
6451
03:33:58,479 --> 03:34:02,160
respect risk. The beauty of it is that
6452
03:34:02,160 --> 03:34:03,760
after you fail, the likelihood that
6453
03:34:03,760 --> 03:34:06,479
you're successful goes up, not down.
6454
03:34:06,479 --> 03:34:08,640
This is the part that people miss. They
6455
03:34:08,640 --> 03:34:10,399
fail and think it somehow decreases the
6456
03:34:10,399 --> 03:34:11,680
likelihood of success, but it actually
6457
03:34:11,680 --> 03:34:13,439
increases it. And so it's like you want
6458
03:34:13,439 --> 03:34:14,640
to just get the failures out of the way.
6459
03:34:14,640 --> 03:34:15,840
Why would you not want something that
6460
03:34:15,840 --> 03:34:17,439
increases the likelihood at your goal?
6461
03:34:17,439 --> 03:34:18,880
And the reason that it increases that
6462
03:34:18,880 --> 03:34:21,359
likelihood is that failure
6463
03:34:21,359 --> 03:34:23,840
is a requisite
6464
03:34:23,840 --> 03:34:26,479
probability for taking action. And so
6465
03:34:26,479 --> 03:34:28,160
anyone who has failed has taken more
6466
03:34:28,160 --> 03:34:29,760
action than someone who's done nothing.
6467
03:34:29,760 --> 03:34:31,200
Which means it increases the likelihood
6468
03:34:31,200 --> 03:34:33,680
that they are successful. And so when
6469
03:34:33,680 --> 03:34:35,600
you fail, you get feedback. And when you
6470
03:34:35,600 --> 03:34:37,439
get feedback, you get better. And when
6471
03:34:37,439 --> 03:34:38,800
you get better, it increases the
6472
03:34:38,800 --> 03:34:41,600
likelihood you win. Losers
6473
03:34:41,600 --> 03:34:44,560
stay losers by never being willing to
6474
03:34:44,560 --> 03:34:46,160
lose.
6475
03:34:46,160 --> 03:34:48,720
Everyone loses before they win. And so
6476
03:34:48,720 --> 03:34:50,640
there's this great moment in the Matrix,
6477
03:34:50,640 --> 03:34:52,880
which is the the famous jump where Neo
6478
03:34:52,880 --> 03:34:54,560
is trying to jump across the buildings
6479
03:34:54,560 --> 03:34:56,000
and everyone's gathered around because
6480
03:34:56,000 --> 03:34:58,080
they think he's the one. He obviously
6481
03:34:58,080 --> 03:35:01,040
takes the jump and he falls and they're
6482
03:35:01,040 --> 03:35:02,479
like, "Ah, what does it mean? What does
6483
03:35:02,479 --> 03:35:04,319
it mean?" And Cipher, who ended up
6484
03:35:04,319 --> 03:35:06,000
eventually being the Judas of this,
6485
03:35:06,000 --> 03:35:08,960
says, "Everybody falls the first time."
6486
03:35:08,960 --> 03:35:10,880
And so even the one or the person who
6487
03:35:10,880 --> 03:35:13,040
was going to become the one was somebody
6488
03:35:13,040 --> 03:35:15,359
who had to fail first. And I love that
6489
03:35:15,359 --> 03:35:17,439
because everyone falls the first time.
6490
03:35:17,439 --> 03:35:19,600
Your first business is very unlikely to
6491
03:35:19,600 --> 03:35:21,600
be your last business. The first product
6492
03:35:21,600 --> 03:35:23,439
you have will be a product that you'll
6493
03:35:23,439 --> 03:35:25,359
be embarrassed of years from now. But
6494
03:35:25,359 --> 03:35:27,600
what's important is having the product,
6495
03:35:27,600 --> 03:35:28,960
getting the product, building the
6496
03:35:28,960 --> 03:35:30,399
product, launching the product, shooting
6497
03:35:30,399 --> 03:35:32,479
the shot. And so if you're never willing
6498
03:35:32,479 --> 03:35:35,279
to lose, you're never going to win. So,
6499
03:35:35,279 --> 03:35:37,760
in 2025, if you start a podcast or you
6500
03:35:37,760 --> 03:35:39,040
start making content, you start doing
6501
03:35:39,040 --> 03:35:41,600
cold outbound or you you you you take a
6502
03:35:41,600 --> 03:35:43,600
new job, whatever it is, just remember
6503
03:35:43,600 --> 03:35:45,680
that your second try after you fail,
6504
03:35:45,680 --> 03:35:48,000
which you inevitably will, takes twice
6505
03:35:48,000 --> 03:35:50,239
the emotional effort, but half the
6506
03:35:50,239 --> 03:35:52,399
actual effort. So, you'll fail and
6507
03:35:52,399 --> 03:35:54,399
you'll emotionally feel bad. But guess
6508
03:35:54,399 --> 03:35:56,399
what you did? You actually gripped your
6509
03:35:56,399 --> 03:35:59,120
hands on the unknown and you go from
6510
03:35:59,120 --> 03:36:02,640
unknown optimism to known pessimism. So
6511
03:36:02,640 --> 03:36:05,120
it's like okay now I know what it takes
6512
03:36:05,120 --> 03:36:08,160
I now have realistic expectations what
6513
03:36:08,160 --> 03:36:10,239
is required in order to be successful
6514
03:36:10,239 --> 03:36:13,120
and although it may be bigger than I
6515
03:36:13,120 --> 03:36:15,680
originally thought I now can quantify
6516
03:36:15,680 --> 03:36:18,319
what is required to win and so here's
6517
03:36:18,319 --> 03:36:20,239
the thing the best entrepreneurs in the
6518
03:36:20,239 --> 03:36:23,200
world have the biggest failure resumes
6519
03:36:23,200 --> 03:36:25,040
and so I don't even want you to win I
6520
03:36:25,040 --> 03:36:26,960
want you to build your failure resume
6521
03:36:26,960 --> 03:36:28,560
and so if you're like oh it must be easy
6522
03:36:28,560 --> 03:36:30,880
for you to say I lost money on my first
6523
03:36:30,880 --> 03:36:32,880
two real estate deals I ever did. Almost
6524
03:36:32,880 --> 03:36:34,800
lost all the money I put in. I've lost
6525
03:36:34,800 --> 03:36:36,560
money on crypto when I put it in years
6526
03:36:36,560 --> 03:36:39,920
ago. I lost money on uh bad hires. I've
6527
03:36:39,920 --> 03:36:41,920
lost millions in bad hires, actual hard
6528
03:36:41,920 --> 03:36:44,080
costs, not soft costs. I've had six
6529
03:36:44,080 --> 03:36:45,760
failed businesses. I've had nine failed
6530
03:36:45,760 --> 03:36:47,600
partnerships. And so I bring these
6531
03:36:47,600 --> 03:36:49,279
things up because like you're not going
6532
03:36:49,279 --> 03:36:50,720
to hit it out of the park on the first
6533
03:36:50,720 --> 03:36:52,960
shot. But the crazy thing about how
6534
03:36:52,960 --> 03:36:54,640
success works is that you only need to
6535
03:36:54,640 --> 03:36:57,040
win once. That's the crazy part is you
6536
03:36:57,040 --> 03:36:58,960
only have to win once. I'll read you
6537
03:36:58,960 --> 03:37:00,560
this quote from Jeff Bezos, which is
6538
03:37:00,560 --> 03:37:02,560
what I started my first book, $100
6539
03:37:02,560 --> 03:37:04,880
million Offers, with. We all know that
6540
03:37:04,880 --> 03:37:06,399
if you swing for the fences, you're
6541
03:37:06,399 --> 03:37:08,080
going to strike out a lot, but you're
6542
03:37:08,080 --> 03:37:10,239
also going to hit some home runs. The
6543
03:37:10,239 --> 03:37:11,439
difference between baseball and
6544
03:37:11,439 --> 03:37:13,359
business, however, is that baseball has
6545
03:37:13,359 --> 03:37:15,520
a truncated outcome distribution. When
6546
03:37:15,520 --> 03:37:17,200
you swing, no matter how well you
6547
03:37:17,200 --> 03:37:19,040
connect with the ball, the most runs you
6548
03:37:19,040 --> 03:37:22,080
can hit is four. In business, every once
6549
03:37:22,080 --> 03:37:23,760
in a while, when you step up to the
6550
03:37:23,760 --> 03:37:27,120
plate, you can score 1,000 runs. This
6551
03:37:27,120 --> 03:37:29,120
longtail distribution of returns is why
6552
03:37:29,120 --> 03:37:31,359
it's important to be bold. Big winners
6553
03:37:31,359 --> 03:37:33,760
pay for so many experiments. And when he
6554
03:37:33,760 --> 03:37:36,479
says big winners pay, they pay in
6555
03:37:36,479 --> 03:37:39,359
failures. They pay in the scars that
6556
03:37:39,359 --> 03:37:42,720
they have to incur and endure along to
6557
03:37:42,720 --> 03:37:44,319
hitting it out of the park and hitting
6558
03:37:44,319 --> 03:37:46,319
it out so big that they never have to
6559
03:37:46,319 --> 03:37:47,840
swing again. And so I want to make this
6560
03:37:47,840 --> 03:37:50,239
as real as I possibly can. I just found
6561
03:37:50,239 --> 03:37:54,239
an old note from myself to myself that's
6562
03:37:54,239 --> 03:37:57,120
12 years old. And so I talked about my
6563
03:37:57,120 --> 03:37:59,600
$10,000 per month income goal. And
6564
03:37:59,600 --> 03:38:01,279
reading it got me actually pretty choked
6565
03:38:01,279 --> 03:38:03,200
up. This is all to say that no matter
6566
03:38:03,200 --> 03:38:05,040
where you're at in your journey, you've
6567
03:38:05,040 --> 03:38:06,239
just got to believe with all your
6568
03:38:06,239 --> 03:38:07,680
[ __ ] heart that you're going to make
6569
03:38:07,680 --> 03:38:09,120
it because no one else is going to
6570
03:38:09,120 --> 03:38:11,040
believe for you. Because you can never
6571
03:38:11,040 --> 03:38:13,120
expect someone to invest in you more
6572
03:38:13,120 --> 03:38:14,960
than you invest in yourself. And the
6573
03:38:14,960 --> 03:38:17,200
crazy thing is some people say they kill
6574
03:38:17,200 --> 03:38:19,520
for a shot or they die for a chance when
6575
03:38:19,520 --> 03:38:21,200
in reality they won't even wake up 60
6576
03:38:21,200 --> 03:38:22,800
minutes earlier for it. So, we've
6577
03:38:22,800 --> 03:38:24,720
eliminated the distractions, all of the
6578
03:38:24,720 --> 03:38:26,800
things associated with not doing this
6579
03:38:26,800 --> 03:38:29,200
stuff. And now, hopefully, I've removed
6580
03:38:29,200 --> 03:38:31,439
some of the mental BS around getting
6581
03:38:31,439 --> 03:38:33,920
started. And so, now once you start, you
6582
03:38:33,920 --> 03:38:36,720
got to get better. Connections, money,
6583
03:38:36,720 --> 03:38:38,960
looks, intelligence, those are all
6584
03:38:38,960 --> 03:38:41,120
great, but you can beat someone with all
6585
03:38:41,120 --> 03:38:43,439
of those things if they have only one
6586
03:38:43,439 --> 03:38:47,520
trait. An insatiable desire to improve.
6587
03:38:47,520 --> 03:38:49,520
No matter where they start, it's hard to
6588
03:38:49,520 --> 03:38:51,279
beat someone who improves every second
6589
03:38:51,279 --> 03:38:53,760
of every day without giving up. And this
6590
03:38:53,760 --> 03:38:56,160
is why earlier I said ambitious people
6591
03:38:56,160 --> 03:38:58,720
buy skills and they pay for those skills
6592
03:38:58,720 --> 03:39:00,720
with time and money. And in order to
6593
03:39:00,720 --> 03:39:02,800
have the time and money to invest in
6594
03:39:02,800 --> 03:39:04,640
those skills, they have to take them
6595
03:39:04,640 --> 03:39:06,080
from somewhere else. Because the thing
6596
03:39:06,080 --> 03:39:09,200
is is that your resources are zero sum.
6597
03:39:09,200 --> 03:39:10,160
And this is something that a lot of
6598
03:39:10,160 --> 03:39:11,520
people aren't comfortable with. Whatever
6599
03:39:11,520 --> 03:39:13,120
you choose to spend your time on, you
6600
03:39:13,120 --> 03:39:14,880
take from something else. Whatever you
6601
03:39:14,880 --> 03:39:16,479
choose to spend your money on, you take
6602
03:39:16,479 --> 03:39:18,640
from something else. And so, most people
6603
03:39:18,640 --> 03:39:20,640
don't have a resources issue. They have
6604
03:39:20,640 --> 03:39:23,359
a priorities problem. You are choosing
6605
03:39:23,359 --> 03:39:25,040
to say that other things are more
6606
03:39:25,040 --> 03:39:26,800
important. And hey, I want to be real.
6607
03:39:26,800 --> 03:39:28,560
If that stuff is more important to you,
6608
03:39:28,560 --> 03:39:29,920
then amazing. You want it life.
6609
03:39:29,920 --> 03:39:31,760
Congratulations. But if you don't have
6610
03:39:31,760 --> 03:39:34,000
what you want and you're spending money
6611
03:39:34,000 --> 03:39:36,800
to proliferate a life that is not the
6612
03:39:36,800 --> 03:39:38,720
one you want to lead, then you need to
6613
03:39:38,720 --> 03:39:41,359
shift the list to invest the time and
6614
03:39:41,359 --> 03:39:43,200
money and pull from those things that
6615
03:39:43,200 --> 03:39:44,640
you don't want to put more in the ones
6616
03:39:44,640 --> 03:39:46,720
you do. And you want to starve out
6617
03:39:46,720 --> 03:39:48,960
failure. So think about this. One of the
6618
03:39:48,960 --> 03:39:52,560
easiest ways to to have more money is to
6619
03:39:52,560 --> 03:39:54,960
work more hours. And you're like, how is
6620
03:39:54,960 --> 03:39:56,880
that possible? Well, when you work more
6621
03:39:56,880 --> 03:39:59,279
hours, it actually kills two birds. One
6622
03:39:59,279 --> 03:40:01,359
is that you actually make more money
6623
03:40:01,359 --> 03:40:03,680
when you work more hours, but on top of
6624
03:40:03,680 --> 03:40:06,000
that, you don't spend money because you
6625
03:40:06,000 --> 03:40:08,319
have less time to spend it. And so every
6626
03:40:08,319 --> 03:40:10,640
hour of work is a net positive in two
6627
03:40:10,640 --> 03:40:12,880
directions. So it saves you money you're
6628
03:40:12,880 --> 03:40:15,200
not spending and makes you money. And so
6629
03:40:15,200 --> 03:40:17,680
you want to find those little twists
6630
03:40:17,680 --> 03:40:19,359
that you can make in your investments of
6631
03:40:19,359 --> 03:40:21,680
time and money that are outsized. It's
6632
03:40:21,680 --> 03:40:24,399
not just that you gain, you also stop
6633
03:40:24,399 --> 03:40:26,960
the loss. I've always been willing to
6634
03:40:26,960 --> 03:40:30,560
bet big on me. And so, a lot of you guys
6635
03:40:30,560 --> 03:40:32,880
are trying to like bet big on Dogecoin
6636
03:40:32,880 --> 03:40:34,560
or some meme thing or like some
6637
03:40:34,560 --> 03:40:36,399
get-richqu. And I promise you, the guys
6638
03:40:36,399 --> 03:40:38,080
who have all the money know how to do it
6639
03:40:38,080 --> 03:40:39,359
better than you. And if you have your
6640
03:40:39,359 --> 03:40:41,359
last thousand or 5,000 or $10,000 that
6641
03:40:41,359 --> 03:40:43,359
you're like, "What do I do with it?" Bet
6642
03:40:43,359 --> 03:40:46,160
on you cuz you'll never sell you. You're
6643
03:40:46,160 --> 03:40:48,399
a long-term hold, right? And so, if you
6644
03:40:48,399 --> 03:40:51,200
get better, you guarantee the win. And
6645
03:40:51,200 --> 03:40:53,359
every investment you make compounds. You
6646
03:40:53,359 --> 03:40:54,880
guarantee compounding because every
6647
03:40:54,880 --> 03:40:57,200
skill stacks on top of other skills.
6648
03:40:57,200 --> 03:40:59,279
Steve Jobs talked about how when he went
6649
03:40:59,279 --> 03:41:00,720
to college and learned calligraphy, it
6650
03:41:00,720 --> 03:41:02,080
was the reason that fonts showed up in
6651
03:41:02,080 --> 03:41:04,800
the Mac later. And so he talks about you
6652
03:41:04,800 --> 03:41:07,680
can only connect the dots looking back.
6653
03:41:07,680 --> 03:41:09,680
You want to double down on investing
6654
03:41:09,680 --> 03:41:11,200
more into you getting skills. And I'll
6655
03:41:11,200 --> 03:41:12,160
tell you something that you probably
6656
03:41:12,160 --> 03:41:16,160
don't know. So I spent $10,000 and I
6657
03:41:16,160 --> 03:41:19,040
only had 50 saved up after years of
6658
03:41:19,040 --> 03:41:20,880
being a consultant. So I had $50,000
6659
03:41:20,880 --> 03:41:23,200
saved up. was 23 years old. It was my
6660
03:41:23,200 --> 03:41:26,560
life savings. I spent $10,000 to get a
6661
03:41:26,560 --> 03:41:29,600
gym coach. I joined a mastermind for gym
6662
03:41:29,600 --> 03:41:32,239
owners. Fun fact, though, I didn't have
6663
03:41:32,239 --> 03:41:34,800
a gym. But I figured if I go to a
6664
03:41:34,800 --> 03:41:36,319
mastermind of gym owners, I'm going to
6665
03:41:36,319 --> 03:41:38,080
learn so many of the things that they
6666
03:41:38,080 --> 03:41:39,760
made mistakes on when they started their
6667
03:41:39,760 --> 03:41:40,960
gym. They're they're going to have
6668
03:41:40,960 --> 03:41:42,160
opinions on how I should lay out the
6669
03:41:42,160 --> 03:41:44,000
square footage, what what locations I
6670
03:41:44,000 --> 03:41:46,080
should pick, what model I should use.
6671
03:41:46,080 --> 03:41:47,760
And so rather than say, "Oh, I'm just
6672
03:41:47,760 --> 03:41:49,200
going to find out all these failures on
6673
03:41:49,200 --> 03:41:51,520
my own my own and and take five times as
6674
03:41:51,520 --> 03:41:53,200
long," I was like, "I'd rather pay
6675
03:41:53,200 --> 03:41:55,120
$10,000 to pull five years forward into
6676
03:41:55,120 --> 03:41:56,960
the present." And so I was able to get
6677
03:41:56,960 --> 03:41:59,359
that first location up and profitable
6678
03:41:59,359 --> 03:42:01,439
and outsource by month nine. Now, some
6679
03:42:01,439 --> 03:42:03,040
of the guys in the mastermind were at
6680
03:42:03,040 --> 03:42:05,439
year five and still hadn't done that. I
6681
03:42:05,439 --> 03:42:08,479
pay down my ignorance tax as much as I
6682
03:42:08,479 --> 03:42:12,640
possibly can because the cost of you not
6683
03:42:12,640 --> 03:42:14,960
being able to achieve your dreams, the
6684
03:42:14,960 --> 03:42:17,359
price is ignorance. And the debt that
6685
03:42:17,359 --> 03:42:19,279
you pay is the distance between where
6686
03:42:19,279 --> 03:42:22,080
you are and how much you'd be making if
6687
03:42:22,080 --> 03:42:24,160
you knew how to do it. I I've told this
6688
03:42:24,160 --> 03:42:25,920
story before, but I think it's so it's
6689
03:42:25,920 --> 03:42:27,520
it's something that's so ingrained in
6690
03:42:27,520 --> 03:42:29,279
how I think in terms of how I price what
6691
03:42:29,279 --> 03:42:31,920
I'm willing to pay in time or money. And
6692
03:42:31,920 --> 03:42:34,720
before I tell that story, I move
6693
03:42:34,720 --> 03:42:36,800
geographically whenever I see an
6694
03:42:36,800 --> 03:42:38,479
opportunity to get around someone who's
6695
03:42:38,479 --> 03:42:40,399
better than me. And so when I wanted to
6696
03:42:40,399 --> 03:42:42,239
learn fitness stuff, I moved to an area
6697
03:42:42,239 --> 03:42:43,279
where I knew there was other fitness
6698
03:42:43,279 --> 03:42:44,479
entrepreneurs that I was like, "Well,
6699
03:42:44,479 --> 03:42:45,439
maybe I'll be able to hang out with them
6700
03:42:45,439 --> 03:42:46,560
a little bit and I'll learn a little bit
6701
03:42:46,560 --> 03:42:47,920
there." And I went to a city that I
6702
03:42:47,920 --> 03:42:49,279
didn't know anything about. I knew no
6703
03:42:49,279 --> 03:42:51,840
one. And when I wanted to when I wanted
6704
03:42:51,840 --> 03:42:53,520
to uh get in the gym space, I said,
6705
03:42:53,520 --> 03:42:55,279
"Well, California is like the capital of
6706
03:42:55,279 --> 03:42:57,200
fitness, SoCal. So, I'm gonna move out
6707
03:42:57,200 --> 03:42:58,640
to Southern California because the best
6708
03:42:58,640 --> 03:43:00,160
guys will be there. and if I can win
6709
03:43:00,160 --> 03:43:01,600
there, I'll be able to win anywhere. And
6710
03:43:01,600 --> 03:43:02,960
so I moved out to California without
6711
03:43:02,960 --> 03:43:04,800
knowing anyone. Whenever I've had these
6712
03:43:04,800 --> 03:43:07,439
big transitions in my life is not only
6713
03:43:07,439 --> 03:43:10,239
being willing to bet with my money and
6714
03:43:10,239 --> 03:43:12,239
bet with my time, but also bet with my
6715
03:43:12,239 --> 03:43:14,880
geographic location. I'm willing to risk
6716
03:43:14,880 --> 03:43:17,120
losing the relationships that I had to
6717
03:43:17,120 --> 03:43:19,120
gain relationships that I need. And so
6718
03:43:19,120 --> 03:43:21,680
2025 for you might mean that you have to
6719
03:43:21,680 --> 03:43:23,040
leave where you're at. And that could
6720
03:43:23,040 --> 03:43:24,560
mean across town, but it could also mean
6721
03:43:24,560 --> 03:43:26,319
across the country or even across into a
6722
03:43:26,319 --> 03:43:27,760
different country. It may mean that
6723
03:43:27,760 --> 03:43:28,800
you're going to spend take all this
6724
03:43:28,800 --> 03:43:30,239
money that you used to spend here and
6725
03:43:30,239 --> 03:43:32,000
spend it in an entirely different way.
6726
03:43:32,000 --> 03:43:33,760
You probably are going to have less
6727
03:43:33,760 --> 03:43:37,439
stuff and that's okay because that stuff
6728
03:43:37,439 --> 03:43:39,600
only deteriorates. It only gets worse.
6729
03:43:39,600 --> 03:43:41,279
But you will only get better. Don't
6730
03:43:41,279 --> 03:43:43,520
invest in Dogecoin. Don't even invest in
6731
03:43:43,520 --> 03:43:47,279
the S&P 500. Invest instead in the SME
6732
03:43:47,279 --> 03:43:49,520
500. Invest in you because you will
6733
03:43:49,520 --> 03:43:51,359
always beat a 10% return in the stock
6734
03:43:51,359 --> 03:43:54,080
market. And if you think that Dogecoin
6735
03:43:54,080 --> 03:43:56,880
is going to out compete your personal
6736
03:43:56,880 --> 03:43:58,640
growth, you're never going to win.
6737
03:43:58,640 --> 03:44:00,479
Anyone can get rich fast as long as
6738
03:44:00,479 --> 03:44:02,479
you're willing to make no money for a
6739
03:44:02,479 --> 03:44:04,479
long period of time while you work to
6740
03:44:04,479 --> 03:44:07,120
get good enough to get rich fast. And so
6741
03:44:07,120 --> 03:44:08,800
I told you I'll tell you that story. The
6742
03:44:08,800 --> 03:44:10,800
story goes like this. A guy is actually
6743
03:44:10,800 --> 03:44:12,239
using this as a sales close to an
6744
03:44:12,239 --> 03:44:15,279
audience. He wrote a million dollars on
6745
03:44:15,279 --> 03:44:17,120
a whiteboard in front of an audience.
6746
03:44:17,120 --> 03:44:18,560
And so then he called out to a lady in
6747
03:44:18,560 --> 03:44:19,760
the front row and he said, "How much do
6748
03:44:19,760 --> 03:44:21,279
you make, ma'am?" and she said,"
6749
03:44:21,279 --> 03:44:23,359
$50,000.
6750
03:44:23,359 --> 03:44:25,600
And he said, "Okay,
6751
03:44:25,600 --> 03:44:31,439
well, right now you pay reality $950,000
6752
03:44:31,439 --> 03:44:34,880
every single year for not knowing how to
6753
03:44:34,880 --> 03:44:38,160
make a million." And when I saw that, I
6754
03:44:38,160 --> 03:44:40,720
realized that the value of the skill of
6755
03:44:40,720 --> 03:44:42,720
making a million dollars is the
6756
03:44:42,720 --> 03:44:44,319
difference between what I'm making and
6757
03:44:44,319 --> 03:44:46,080
what I could be making. And people
6758
03:44:46,080 --> 03:44:49,120
wildly undervalue how much more they
6759
03:44:49,120 --> 03:44:51,600
could be making once they have a skill.
6760
03:44:51,600 --> 03:44:54,160
And so if you're the type of person who
6761
03:44:54,160 --> 03:44:56,560
can actually follow instructions, show
6762
03:44:56,560 --> 03:45:00,160
up on time, smile, be able to fail and
6763
03:45:00,160 --> 03:45:03,359
keep going, virtually all education will
6764
03:45:03,359 --> 03:45:05,680
net you a positive yield. Because let me
6765
03:45:05,680 --> 03:45:07,199
ask you a question. Would you pay
6766
03:45:07,199 --> 03:45:08,800
$950,000
6767
03:45:08,800 --> 03:45:10,800
to make a million dollars and be able to
6768
03:45:10,800 --> 03:45:13,040
make a million dollars every year? Well,
6769
03:45:13,040 --> 03:45:14,880
that would be an insane deal. You pay it
6770
03:45:14,880 --> 03:45:16,720
once and you get the skill forever. So
6771
03:45:16,720 --> 03:45:18,399
every year after that you make a million
6772
03:45:18,399 --> 03:45:20,000
dollars a year. Well, of course you
6773
03:45:20,000 --> 03:45:21,600
should. Now, once you make the million
6774
03:45:21,600 --> 03:45:23,040
dollars a year, are you willing to give
6775
03:45:23,040 --> 03:45:24,720
a 100% of what you make to make $10
6776
03:45:24,720 --> 03:45:26,800
million a year? Of course you should.
6777
03:45:26,800 --> 03:45:29,439
And that's why education is by far the
6778
03:45:29,439 --> 03:45:31,439
highest return. You can learn how to
6779
03:45:31,439 --> 03:45:34,160
make a million a year for probably close
6780
03:45:34,160 --> 03:45:36,239
to $200,000 a year. And you're like,
6781
03:45:36,239 --> 03:45:38,080
"Well, well, where where do I spend
6782
03:45:38,080 --> 03:45:39,760
that?" You'll spend that on conferences.
6783
03:45:39,760 --> 03:45:41,439
You'll spend it on seminars. and it'll
6784
03:45:41,439 --> 03:45:46,080
likely be in 2,000 to to 5,000 sometimes
6785
03:45:46,080 --> 03:45:50,000
$30,000 chunks. But for some reason,
6786
03:45:50,000 --> 03:45:52,000
you're willing to spend this on some
6787
03:45:52,000 --> 03:45:54,319
academic who hasn't been in reality for
6788
03:45:54,319 --> 03:45:55,920
20 years cuz they're on tenure and
6789
03:45:55,920 --> 03:45:58,160
thinks that the world uh is just going
6790
03:45:58,160 --> 03:45:59,840
to hand you stuff because that's their
6791
03:45:59,840 --> 03:46:01,359
reality because they're government
6792
03:46:01,359 --> 03:46:05,279
funded. Or you can pay money to people
6793
03:46:05,279 --> 03:46:07,760
who live in real private businesses who
6794
03:46:07,760 --> 03:46:09,439
do this stuff for a living. And here's
6795
03:46:09,439 --> 03:46:11,760
the thing. I have never paid for
6796
03:46:11,760 --> 03:46:13,920
education and not gotten more than what
6797
03:46:13,920 --> 03:46:16,319
I paid for. Now, I don't want to
6798
03:46:16,319 --> 03:46:18,319
conflate that with the fact that I've
6799
03:46:18,319 --> 03:46:20,160
paid for things that I didn't think was
6800
03:46:20,160 --> 03:46:22,479
worth that money to other people. But I
6801
03:46:22,479 --> 03:46:25,359
always ask myself, okay, number one, how
6802
03:46:25,359 --> 03:46:27,520
can I become the best student who's ever
6803
03:46:27,520 --> 03:46:29,600
gone through this? How do I become this
6804
03:46:29,600 --> 03:46:31,520
person's number one success story? And
6805
03:46:31,520 --> 03:46:33,439
I've told every program, every partner,
6806
03:46:33,439 --> 03:46:35,120
every vendor that I've ever worked with,
6807
03:46:35,120 --> 03:46:37,199
I will be your biggest success story.
6808
03:46:37,199 --> 03:46:39,680
And so the reality is once I am their
6809
03:46:39,680 --> 03:46:41,359
biggest success story, is that because
6810
03:46:41,359 --> 03:46:43,439
of them or because of me? And I think
6811
03:46:43,439 --> 03:46:45,279
that's a choice that you get to make. Am
6812
03:46:45,279 --> 03:46:46,720
I going to be the number one success
6813
03:46:46,720 --> 03:46:49,120
story or do I want to be right and prove
6814
03:46:49,120 --> 03:46:50,560
that they're not good? Well,
6815
03:46:50,560 --> 03:46:52,560
congratulations. Maybe they're not that
6816
03:46:52,560 --> 03:46:54,000
good. Well, what does that leave you
6817
03:46:54,000 --> 03:46:56,800
with? No skills and less money. If you
6818
03:46:56,800 --> 03:46:59,279
choose to succeed anyways and say, "What
6819
03:46:59,279 --> 03:47:00,800
can I learn from this person? Because
6820
03:47:00,800 --> 03:47:02,319
I've learned just as much from bad
6821
03:47:02,319 --> 03:47:04,560
people as I have from good." Because a
6822
03:47:04,560 --> 03:47:06,479
lot of times getting good is actually
6823
03:47:06,479 --> 03:47:08,720
the removal of bad. And so if you find
6824
03:47:08,720 --> 03:47:10,479
out other ways that people do a terrible
6825
03:47:10,479 --> 03:47:12,239
job, it's also a wonderful way of
6826
03:47:12,239 --> 03:47:13,840
figuring out how to not do a terrible
6827
03:47:13,840 --> 03:47:15,840
job. And so if I want to create a
6828
03:47:15,840 --> 03:47:17,920
product that's exceptional and I say,
6829
03:47:17,920 --> 03:47:19,600
let's say I want to put a phone, a
6830
03:47:19,600 --> 03:47:22,000
camera, the internet, email, all in one
6831
03:47:22,000 --> 03:47:24,399
place. If you remove all of the stuff
6832
03:47:24,399 --> 03:47:26,319
that sucks from all of those things,
6833
03:47:26,319 --> 03:47:28,479
what you're left with is an iPhone. Most
6834
03:47:28,479 --> 03:47:31,600
times you can always get more than what
6835
03:47:31,600 --> 03:47:34,239
you pay for when you invest in you. So
6836
03:47:34,239 --> 03:47:37,120
let's get really tactical. If you really
6837
03:47:37,120 --> 03:47:38,800
want to double down on you, which will
6838
03:47:38,800 --> 03:47:40,560
by far I mean think about this 10%
6839
03:47:40,560 --> 03:47:42,800
improvement is the S&P 500. So you're
6840
03:47:42,800 --> 03:47:44,720
saying that you could take Okay, let's
6841
03:47:44,720 --> 03:47:49,120
be real. Let's do let's do real math. So
6842
03:47:49,120 --> 03:47:52,560
let's say that you've got $10,000 saved
6843
03:47:52,560 --> 03:47:54,640
up. Okay, let's say that's what your
6844
03:47:54,640 --> 03:47:56,000
savings is, which by the way makes you
6845
03:47:56,000 --> 03:47:59,920
like a top 40% American, FYI. So, let's
6846
03:47:59,920 --> 03:48:02,239
say you've got $10,000 saved up. You
6847
03:48:02,239 --> 03:48:05,840
could put in the S&P 500 and have that
6848
03:48:05,840 --> 03:48:08,880
$10,000 be 10,900
6849
03:48:08,880 --> 03:48:12,479
one year later. Or you can spend that on
6850
03:48:12,479 --> 03:48:14,399
something that can triple your earning
6851
03:48:14,399 --> 03:48:17,359
capacity. And next year, instead of
6852
03:48:17,359 --> 03:48:20,160
making, let's say, $50,000 a year, you
6853
03:48:20,160 --> 03:48:23,199
make $100,000 a year. Well, which of
6854
03:48:23,199 --> 03:48:25,920
these increases the $50,000 plus
6855
03:48:25,920 --> 03:48:29,279
increase is more than the net of the
6856
03:48:29,279 --> 03:48:32,399
900? Because you lost the 10, you spent
6857
03:48:32,399 --> 03:48:34,319
the whole thing here. You invested it.
6858
03:48:34,319 --> 03:48:36,479
Here you spent it. But did you spend it
6859
03:48:36,479 --> 03:48:38,319
or did you invest it in asset you could
6860
03:48:38,319 --> 03:48:40,640
control? And so I don't know about you,
6861
03:48:40,640 --> 03:48:43,040
but I'd rather have the extra 50 and put
6862
03:48:43,040 --> 03:48:44,720
the 10 in. And then what do I do next
6863
03:48:44,720 --> 03:48:48,000
year? I'm going to take this 50
6864
03:48:48,000 --> 03:48:50,239
and I'm going to ask myself, is there
6865
03:48:50,239 --> 03:48:52,560
anything I could put this $50,000 into?
6866
03:48:52,560 --> 03:48:54,880
So, I could put in the S&P 500 and I
6867
03:48:54,880 --> 03:48:57,520
could go and add myself an extra uh
6868
03:48:57,520 --> 03:49:00,319
5,000 uh $55,000, whatever. Let's say I
6869
03:49:00,319 --> 03:49:03,199
get 10% that year. Okay, so I get 55,000
6870
03:49:03,199 --> 03:49:05,840
this year. Or I could put that 50K into
6871
03:49:05,840 --> 03:49:09,439
10 five 10K things or two 25K things and
6872
03:49:09,439 --> 03:49:10,720
all of a sudden take my earning power
6873
03:49:10,720 --> 03:49:14,479
from 100K to 250K.
6874
03:49:14,479 --> 03:49:16,560
Wow, what a deal. But I'm gonna lose the
6875
03:49:16,560 --> 03:49:18,479
whole 50 again. And so the thing is is
6876
03:49:18,479 --> 03:49:20,479
that on my way up, I basically took my
6877
03:49:20,479 --> 03:49:22,880
savings and I spent it almost every year
6878
03:49:22,880 --> 03:49:25,120
on education because why on earth would
6879
03:49:25,120 --> 03:49:26,960
I want the future to take longer to get
6880
03:49:26,960 --> 03:49:29,439
to me? When you buy skills, it's the
6881
03:49:29,439 --> 03:49:32,239
closest approximation to buying time.
6882
03:49:32,239 --> 03:49:33,920
And so there's this big thing like you
6883
03:49:33,920 --> 03:49:37,279
can't buy time. False. You can buy the
6884
03:49:37,279 --> 03:49:39,840
future at a discount. and you buy the
6885
03:49:39,840 --> 03:49:41,600
future at a discount by buying the
6886
03:49:41,600 --> 03:49:43,760
skills required in order to get there
6887
03:49:43,760 --> 03:49:46,239
faster. And so if it could take you five
6888
03:49:46,239 --> 03:49:48,000
years if you did it on your own or it
6889
03:49:48,000 --> 03:49:49,680
could take you one year if you paid four
6890
03:49:49,680 --> 03:49:50,720
different people to help you out with
6891
03:49:50,720 --> 03:49:52,560
each step of the process, why would you
6892
03:49:52,560 --> 03:49:54,479
not want to pay all of the money you
6893
03:49:54,479 --> 03:49:56,560
have to get to there and then have four
6894
03:49:56,560 --> 03:49:58,880
years of gain with that new baseline.
6895
03:49:58,880 --> 03:50:01,520
You now are living four years, 5 years
6896
03:50:01,520 --> 03:50:03,120
into the future. It's like you skipping
6897
03:50:03,120 --> 03:50:05,199
from being 20 to 25 and you getting the
6898
03:50:05,199 --> 03:50:06,960
earning power at 25 plus, but now you're
6899
03:50:06,960 --> 03:50:09,040
just 21. And then when you're at that
6900
03:50:09,040 --> 03:50:10,640
point, you pull the next 5 years for it.
6901
03:50:10,640 --> 03:50:11,840
And when you're 22, it's like living
6902
03:50:11,840 --> 03:50:14,160
like you're 30, right? Like now at that
6903
03:50:14,160 --> 03:50:15,600
point though, you might spend all your
6904
03:50:15,600 --> 03:50:17,840
savings yet again. And this process has
6905
03:50:17,840 --> 03:50:19,120
been one that I have consistently done
6906
03:50:19,120 --> 03:50:20,880
for the entirety of my career. And it
6907
03:50:20,880 --> 03:50:22,640
just gets to a point where you can't
6908
03:50:22,640 --> 03:50:24,880
even spend the money. And so my very
6909
03:50:24,880 --> 03:50:27,120
controversial advice is spend all your
6910
03:50:27,120 --> 03:50:30,000
money on education for as long as you
6911
03:50:30,000 --> 03:50:32,399
possibly can until you can't even spend
6912
03:50:32,399 --> 03:50:34,560
the money because you're making too much
6913
03:50:34,560 --> 03:50:36,239
of it. And so how do you become an
6914
03:50:36,239 --> 03:50:38,319
expert? you do more repetitions than
6915
03:50:38,319 --> 03:50:40,479
anyone else in a narrow field, which
6916
03:50:40,479 --> 03:50:42,319
also means you fail more times than
6917
03:50:42,319 --> 03:50:44,399
anyone else in a narrow field. And so,
6918
03:50:44,399 --> 03:50:46,880
if you want to beat someone, just try 10
6919
03:50:46,880 --> 03:50:48,800
times harder than them. And you only
6920
03:50:48,800 --> 03:50:50,479
really need to try two or three times
6921
03:50:50,479 --> 03:50:52,319
harder, but you probably don't realize
6922
03:50:52,319 --> 03:50:54,080
how much harder they're trying than you
6923
03:50:54,080 --> 03:50:56,800
are. So, try 10 times harder just to
6924
03:50:56,800 --> 03:50:59,439
make sure you win. People reject this
6925
03:50:59,439 --> 03:51:01,439
idea that someone can work 10 times or
6926
03:51:01,439 --> 03:51:05,439
100 times harder. But I define work as
6927
03:51:05,439 --> 03:51:07,680
output. And so for you to say that
6928
03:51:07,680 --> 03:51:09,520
someone can't produce 10 times more than
6929
03:51:09,520 --> 03:51:11,680
you is just factually false. There's
6930
03:51:11,680 --> 03:51:13,040
tons of people who produce 10 times
6931
03:51:13,040 --> 03:51:14,560
more. There's tons of people who produce
6932
03:51:14,560 --> 03:51:16,080
100 times more than you. I'll give you
6933
03:51:16,080 --> 03:51:18,000
the easiest example in the world. A lot
6934
03:51:18,000 --> 03:51:20,080
of departments run on weekly cadences.
6935
03:51:20,080 --> 03:51:22,239
They say do this thing by end of week.
6936
03:51:22,239 --> 03:51:24,640
Often times you can ask that person how
6937
03:51:24,640 --> 03:51:26,399
many hours will this really take you?
6938
03:51:26,399 --> 03:51:27,680
And then that person will say something
6939
03:51:27,680 --> 03:51:29,359
like I don't know three or four hours.
6940
03:51:29,359 --> 03:51:31,600
You say okay well why don't you just get
6941
03:51:31,600 --> 03:51:33,520
it done by noon. And then at noon you
6942
03:51:33,520 --> 03:51:35,120
say okay what's the next thing gonna
6943
03:51:35,120 --> 03:51:36,560
take? and they'd say, "Uh, probably
6944
03:51:36,560 --> 03:51:38,080
another 3 or 4 hours." You say, "Cool,
6945
03:51:38,080 --> 03:51:39,520
get it done by the end of the day." Now,
6946
03:51:39,520 --> 03:51:41,359
from those two cycles, that would have
6947
03:51:41,359 --> 03:51:44,319
normally taken 2 weeks or 14 days, but
6948
03:51:44,319 --> 03:51:46,720
instead it got done in one. And so, just
6949
03:51:46,720 --> 03:51:49,279
right there, you got something done. You
6950
03:51:49,279 --> 03:51:52,000
got 14 times more done than the
6951
03:51:52,000 --> 03:51:53,600
competitor who's doing things on a
6952
03:51:53,600 --> 03:51:55,600
weekly basis. And so, this is how you
6953
03:51:55,600 --> 03:51:57,439
drag the future to the present is that
6954
03:51:57,439 --> 03:51:58,640
you're not focusing on how hard you're
6955
03:51:58,640 --> 03:51:59,920
working, you're focusing how much you're
6956
03:51:59,920 --> 03:52:02,000
getting done. You'd be amazed at how
6957
03:52:02,000 --> 03:52:04,479
much better you get after you've done it
6958
03:52:04,479 --> 03:52:07,199
a hundred times. If you want to win, do
6959
03:52:07,199 --> 03:52:09,760
it again. I want to be clear. You don't
6960
03:52:09,760 --> 03:52:11,279
just post a hundred videos in a row and
6961
03:52:11,279 --> 03:52:13,600
see what happens. You post one, see what
6962
03:52:13,600 --> 03:52:15,840
worked, and then try and do more of that
6963
03:52:15,840 --> 03:52:18,479
thing. And so, the idea isn't just raw
6964
03:52:18,479 --> 03:52:20,399
effort. It's raw effort with an
6965
03:52:20,399 --> 03:52:23,840
improvement loop. And so I remember one
6966
03:52:23,840 --> 03:52:25,760
of my favorite words that I have to
6967
03:52:25,760 --> 03:52:26,960
teach sales guys because it's a very
6968
03:52:26,960 --> 03:52:28,399
repetitive task to teach someone how to
6969
03:52:28,399 --> 03:52:34,080
sell is great, do it again, great again.
6970
03:52:34,080 --> 03:52:36,479
Great job again. And so it's that
6971
03:52:36,479 --> 03:52:38,720
repetition that breeds the nuance of
6972
03:52:38,720 --> 03:52:40,880
skill. And you want it to be so drilled
6973
03:52:40,880 --> 03:52:43,199
into you that you no longer have to
6974
03:52:43,199 --> 03:52:45,199
consciously think about how to do the
6975
03:52:45,199 --> 03:52:47,680
thing because you can then do it as a
6976
03:52:47,680 --> 03:52:49,520
natural skill so that you can move on to
6977
03:52:49,520 --> 03:52:50,800
putting your attention to the next
6978
03:52:50,800 --> 03:52:52,319
skill. So it's not just about learning
6979
03:52:52,319 --> 03:52:53,760
how to do it once. It's about learning
6980
03:52:53,760 --> 03:52:55,120
how to do it so many times that you
6981
03:52:55,120 --> 03:52:56,239
don't have to think about doing it at
6982
03:52:56,239 --> 03:52:58,000
all. Especially if you're starting out,
6983
03:52:58,000 --> 03:53:00,160
your goal should not be passive income.
6984
03:53:00,160 --> 03:53:01,520
Mainly because you don't have enough
6985
03:53:01,520 --> 03:53:03,279
money for the passive income to mean
6986
03:53:03,279 --> 03:53:05,279
anything. Instead, you should learn how
6987
03:53:05,279 --> 03:53:07,359
to make money while you're awake before
6988
03:53:07,359 --> 03:53:08,880
trying to learn how to make it while you
6989
03:53:08,880 --> 03:53:11,279
sleep. You crawl, then you walk, then
6990
03:53:11,279 --> 03:53:13,279
you run. Once you have more money than
6991
03:53:13,279 --> 03:53:15,120
you can possibly reinvest in education
6992
03:53:15,120 --> 03:53:17,120
and acquiring more skills, then you can
6993
03:53:17,120 --> 03:53:20,000
take the leftover and put that into your
6994
03:53:20,000 --> 03:53:22,160
passive income pool. And so, very, very
6995
03:53:22,160 --> 03:53:23,359
tactically, this is what I'll walk you
6996
03:53:23,359 --> 03:53:25,199
through. You should have an education
6997
03:53:25,199 --> 03:53:27,359
investment budget. And so, just like you
6998
03:53:27,359 --> 03:53:28,960
spend X dollars per month, so let's say
6999
03:53:28,960 --> 03:53:30,640
you we pull all of your expenses down
7000
03:53:30,640 --> 03:53:32,239
and you're making an extra $1,000 a
7001
03:53:32,239 --> 03:53:34,080
month. Okay? Now, if you're not eating
7002
03:53:34,080 --> 03:53:35,600
out, you're not buying new clothes,
7003
03:53:35,600 --> 03:53:37,359
you're not going out with the boys,
7004
03:53:37,359 --> 03:53:38,720
you're not spending money in stupid
7005
03:53:38,720 --> 03:53:40,720
ways, that if that's what you're doing,
7006
03:53:40,720 --> 03:53:42,399
then you're going to have $1,000 left.
7007
03:53:42,399 --> 03:53:44,640
If you have that, then you can take that
7008
03:53:44,640 --> 03:53:46,479
money and every month you can put it
7009
03:53:46,479 --> 03:53:48,239
towards a bank account that you can
7010
03:53:48,239 --> 03:53:50,080
either choose to immediately spend or
7011
03:53:50,080 --> 03:53:51,520
save up for something that is more
7012
03:53:51,520 --> 03:53:54,160
expensive. And I can tell you that a lot
7013
03:53:54,160 --> 03:53:56,399
of what I learned when I when I bought
7014
03:53:56,399 --> 03:53:58,239
programs and seminars and conferences
7015
03:53:58,239 --> 03:54:00,239
and things like that wasn't even from
7016
03:54:00,239 --> 03:54:02,000
the content itself, but it was
7017
03:54:02,000 --> 03:54:03,840
connections that I was able to make at
7018
03:54:03,840 --> 03:54:06,160
those types of events that I was then
7019
03:54:06,160 --> 03:54:08,399
able to leverage the one skill I had,
7020
03:54:08,399 --> 03:54:10,319
which I was good at sales, and then
7021
03:54:10,319 --> 03:54:12,160
start giving that away to every person I
7022
03:54:12,160 --> 03:54:14,319
met so that I could collect those IUs
7023
03:54:14,319 --> 03:54:17,040
and then learn skills for free. And so
7024
03:54:17,040 --> 03:54:18,560
it's like I really just needed a ticket
7025
03:54:18,560 --> 03:54:20,399
to get in the room and then I could
7026
03:54:20,399 --> 03:54:22,080
trade with everybody else with the
7027
03:54:22,080 --> 03:54:23,840
skills I had to then get to learn
7028
03:54:23,840 --> 03:54:26,399
theirs. And so as wild as this sounds,
7029
03:54:26,399 --> 03:54:29,120
at the end of 2025, you could be dead
7030
03:54:29,120 --> 03:54:31,680
broke but rich in skills. And so let's
7031
03:54:31,680 --> 03:54:33,439
say at the end of next year, you
7032
03:54:33,439 --> 03:54:35,520
actually have no more money, but you now
7033
03:54:35,520 --> 03:54:37,840
have the ability to make more money. And
7034
03:54:37,840 --> 03:54:39,840
so just like my father had to start over
7035
03:54:39,840 --> 03:54:42,080
from nothing after losing everything, he
7036
03:54:42,080 --> 03:54:43,840
didn't lose everything. He still had the
7037
03:54:43,840 --> 03:54:45,120
most valuable thing he had, which is
7038
03:54:45,120 --> 03:54:47,520
that he was a surgeon. And so he knew a
7039
03:54:47,520 --> 03:54:49,279
skill and he could make it work here
7040
03:54:49,279 --> 03:54:50,960
like he'd make it work there. And that
7041
03:54:50,960 --> 03:54:52,239
is something that no divorce can take
7042
03:54:52,239 --> 03:54:54,000
from you. No government can confiscate.
7043
03:54:54,000 --> 03:54:55,120
And it's something that's with you till
7044
03:54:55,120 --> 03:54:56,800
the day you die. And so that's how you
7045
03:54:56,800 --> 03:54:59,120
get better. You keep going. You keep
7046
03:54:59,120 --> 03:55:01,199
improving the feedback loops. You invest
7047
03:55:01,199 --> 03:55:03,199
appropriately. And you keep going allin
7048
03:55:03,199 --> 03:55:04,880
on you. We've eliminated everything
7049
03:55:04,880 --> 03:55:06,399
that's bad. We've started something
7050
03:55:06,399 --> 03:55:08,239
that's good. We've gotten even better at
7051
03:55:08,239 --> 03:55:10,479
being goodter. And now finally, we've
7052
03:55:10,479 --> 03:55:12,479
got to stick to it when it gets tough
7053
03:55:12,479 --> 03:55:14,319
because it will. Here's something that's
7054
03:55:14,319 --> 03:55:16,319
taken me way too long to learn. Staying
7055
03:55:16,319 --> 03:55:18,319
focused is like beating addiction. It's
7056
03:55:18,319 --> 03:55:20,160
not a one-time victory. You have to
7057
03:55:20,160 --> 03:55:23,279
fight it all day, every day, then wake
7058
03:55:23,279 --> 03:55:25,520
up and do it again tomorrow. Because the
7059
03:55:25,520 --> 03:55:26,880
thing that's going to distract you is
7060
03:55:26,880 --> 03:55:28,000
going to change every day. The thing
7061
03:55:28,000 --> 03:55:29,439
that's going to trigger your addiction
7062
03:55:29,439 --> 03:55:33,120
to distraction is going to keep morphing
7063
03:55:33,120 --> 03:55:36,319
and changing its form so that it can
7064
03:55:36,319 --> 03:55:38,800
steal or rob you of your future. And so,
7065
03:55:38,800 --> 03:55:40,479
you have to be adaptable in knowing that
7066
03:55:40,479 --> 03:55:42,319
you have to fight it every day. And so
7067
03:55:42,319 --> 03:55:43,760
it's not good enough to just say, "I was
7068
03:55:43,760 --> 03:55:45,279
focused for this week." You've got to
7069
03:55:45,279 --> 03:55:46,960
wake up on the eighth day and the ninth
7070
03:55:46,960 --> 03:55:48,640
day and do it again. And so, you
7071
03:55:48,640 --> 03:55:51,120
remember that guy who uh got rich drop
7072
03:55:51,120 --> 03:55:53,040
shipping and day trading and uh buying
7073
03:55:53,040 --> 03:55:55,359
crypto and wholesaling all at the same
7074
03:55:55,359 --> 03:55:59,680
time? Yeah. Me neither. Focus. To win in
7075
03:55:59,680 --> 03:56:02,479
business, you need to be able to say no
7076
03:56:02,479 --> 03:56:05,359
without remorse and hear no without a
7077
03:56:05,359 --> 03:56:08,720
loss of enthusiasm. which means that you
7078
03:56:08,720 --> 03:56:11,520
have to keep feeling rejection, keep
7079
03:56:11,520 --> 03:56:15,840
failing, and keep going while being
7080
03:56:15,840 --> 03:56:18,080
willing to reject basically everyone
7081
03:56:18,080 --> 03:56:19,920
else. And that seems so counter because
7082
03:56:19,920 --> 03:56:21,040
you're right there and you're like, man,
7083
03:56:21,040 --> 03:56:22,399
I don't want to reject this person
7084
03:56:22,399 --> 03:56:23,680
because I know what it feels like to be
7085
03:56:23,680 --> 03:56:25,040
rejected. You need to be able to
7086
03:56:25,040 --> 03:56:27,199
maintain this discrepancy so that you
7087
03:56:27,199 --> 03:56:29,199
can create the space to do the work that
7088
03:56:29,199 --> 03:56:30,800
needs doing. So, there have been a
7089
03:56:30,800 --> 03:56:34,560
couple of lessons that I have learned
7090
03:56:34,560 --> 03:56:36,239
over and over again in my career. I've
7091
03:56:36,239 --> 03:56:38,160
had to relearn. So, it's a lot like a
7092
03:56:38,160 --> 03:56:40,720
like a fine wine. It's like it it gets
7093
03:56:40,720 --> 03:56:42,560
better with age and there's more nuance
7094
03:56:42,560 --> 03:56:45,600
to the flavor. So, I think focus is not
7095
03:56:45,600 --> 03:56:47,279
a are you focused or not. It's how
7096
03:56:47,279 --> 03:56:48,880
focused are you? And you can measure
7097
03:56:48,880 --> 03:56:50,560
someone's focus by again the quality and
7098
03:56:50,560 --> 03:56:52,399
quantity of things that they say no to.
7099
03:56:52,399 --> 03:56:55,840
Which means that as you get better, more
7100
03:56:55,840 --> 03:56:57,439
opportunities will emerge, which is
7101
03:56:57,439 --> 03:56:59,040
interesting because people who start out
7102
03:56:59,040 --> 03:57:01,040
can't see opportunity anywhere. And it's
7103
03:57:01,040 --> 03:57:02,560
because they have so few skills and so
7104
03:57:02,560 --> 03:57:04,479
there's very few opportunities for them.
7105
03:57:04,479 --> 03:57:06,319
When you have a lot of skills, there are
7106
03:57:06,319 --> 03:57:07,920
so many opportunities that are in front
7107
03:57:07,920 --> 03:57:10,160
of you that you feel like you're missing
7108
03:57:10,160 --> 03:57:13,040
out. But the real opportunity is
7109
03:57:13,040 --> 03:57:14,800
actually in solving the problems in
7110
03:57:14,800 --> 03:57:17,359
front of you. I was able to, in my
7111
03:57:17,359 --> 03:57:20,000
opinion, become another order of
7112
03:57:20,000 --> 03:57:21,439
magnitude greater in terms of
7113
03:57:21,439 --> 03:57:22,560
entrepreneurship, which I would just
7114
03:57:22,560 --> 03:57:26,399
measure by wealth. Once I was able to
7115
03:57:26,399 --> 03:57:30,479
learn to say no and accept that I would
7116
03:57:30,479 --> 03:57:32,319
not be able to pursue the many things
7117
03:57:32,319 --> 03:57:35,439
that I know I could crush because once
7118
03:57:35,439 --> 03:57:37,439
you realize how much actual work it
7119
03:57:37,439 --> 03:57:39,439
takes to make something good, you
7120
03:57:39,439 --> 03:57:41,279
realize how few things you're actually
7121
03:57:41,279 --> 03:57:42,720
going to be able to do in your entire
7122
03:57:42,720 --> 03:57:45,920
life. And so this is why picking becomes
7123
03:57:45,920 --> 03:57:48,479
so important. Right now, the things that
7124
03:57:48,479 --> 03:57:49,920
you're going to have to say no to are
7125
03:57:49,920 --> 03:57:52,080
really the distractions and kind of in
7126
03:57:52,080 --> 03:57:53,840
some ways easy. Say no to fantasy
7127
03:57:53,840 --> 03:57:55,279
football, saying no to drinking beers
7128
03:57:55,279 --> 03:57:56,479
with the boys, going out with the club,
7129
03:57:56,479 --> 03:57:58,720
whatever. But in a year from now, once
7130
03:57:58,720 --> 03:58:00,399
you have more skills, there will be more
7131
03:58:00,399 --> 03:58:01,279
opportunities. You're going to have
7132
03:58:01,279 --> 03:58:03,439
multiple $10,000 a month income
7133
03:58:03,439 --> 03:58:04,239
opportunities that you're going to have
7134
03:58:04,239 --> 03:58:06,000
to say no to to stick with the one that
7135
03:58:06,000 --> 03:58:07,359
you have. And then once that thing
7136
03:58:07,359 --> 03:58:08,960
becomes a $100,000 a month thing that
7137
03:58:08,960 --> 03:58:09,760
you're doing, you're going to have to
7138
03:58:09,760 --> 03:58:11,760
start saying no to multiple $100,000 a
7139
03:58:11,760 --> 03:58:13,680
month opportunities. And here's the
7140
03:58:13,680 --> 03:58:15,600
thing with opportunities that come up.
7141
03:58:15,600 --> 03:58:17,199
They only show you the upside and not
7142
03:58:17,199 --> 03:58:19,359
the downside. You have to know where the
7143
03:58:19,359 --> 03:58:21,040
skeletons are buried. You have to know
7144
03:58:21,040 --> 03:58:23,359
where the bodies are. If you don't know,
7145
03:58:23,359 --> 03:58:25,040
and I've gone through this this this
7146
03:58:25,040 --> 03:58:27,199
visual because I think about it every
7147
03:58:27,199 --> 03:58:30,080
single time I have to walk through not
7148
03:58:30,080 --> 03:58:33,279
doing something. You are here. You see
7149
03:58:33,279 --> 03:58:35,760
this new opportunity here. Then you
7150
03:58:35,760 --> 03:58:38,239
understand the downsides here. Then you
7151
03:58:38,239 --> 03:58:40,399
live the downsides. Then you experience
7152
03:58:40,399 --> 03:58:42,880
the upside. Then you achieve your goal.
7153
03:58:42,880 --> 03:58:45,520
And so this is the starting point. This
7154
03:58:45,520 --> 03:58:48,080
is called uninformed optimism. This is
7155
03:58:48,080 --> 03:58:50,960
now informed pessimism. This is the
7156
03:58:50,960 --> 03:58:53,120
value of despair. And this is where most
7157
03:58:53,120 --> 03:58:55,840
people quit. But what they do is they
7158
03:58:55,840 --> 03:58:56,960
don't even quit because they don't want
7159
03:58:56,960 --> 03:58:58,720
to say they quit. What they do is they
7160
03:58:58,720 --> 03:59:00,319
start another one of these things and
7161
03:59:00,319 --> 03:59:02,479
they say, "Oh, this is now my uninformed
7162
03:59:02,479 --> 03:59:04,800
optimism." And then, "Oh, now I
7163
03:59:04,800 --> 03:59:06,319
understand this more." But the thing is
7164
03:59:06,319 --> 03:59:07,920
is that they never actually get through
7165
03:59:07,920 --> 03:59:09,760
to this upside. And so they just keep
7166
03:59:09,760 --> 03:59:12,560
jumping from thing to thing to thing
7167
03:59:12,560 --> 03:59:14,479
over and over again. And so the reason
7168
03:59:14,479 --> 03:59:16,720
it takes so long is because you're in a
7169
03:59:16,720 --> 03:59:18,880
rush. Big things don't happen on small
7170
03:59:18,880 --> 03:59:21,120
timelines because you have to start from
7171
03:59:21,120 --> 03:59:23,120
zero over and over again. And if you
7172
03:59:23,120 --> 03:59:24,720
actually stick with it, it's actually
7173
03:59:24,720 --> 03:59:26,160
the shortest way to get to where you
7174
03:59:26,160 --> 03:59:27,760
want to go. It just takes longer than
7175
03:59:27,760 --> 03:59:30,080
you think. Must be easy for you to say
7176
03:59:30,080 --> 03:59:31,359
is probably something that you might
7177
03:59:31,359 --> 03:59:33,040
think by watching this or listening to
7178
03:59:33,040 --> 03:59:36,479
this. And I like to tell this story
7179
03:59:36,479 --> 03:59:40,239
because in July of 2017 is when I
7180
03:59:40,239 --> 03:59:42,319
started my podcast. And it was 90 days
7181
03:59:42,319 --> 03:59:45,439
after I lost everything the last time.
7182
03:59:45,439 --> 03:59:49,279
And from that point until now, it's
7183
03:59:49,279 --> 03:59:51,520
taken that period of time to get to over
7184
03:59:51,520 --> 03:59:53,600
a million downloads a month. And for the
7185
03:59:53,600 --> 03:59:55,760
first three years, and I was making
7186
03:59:55,760 --> 03:59:56,960
multiple podcasts, so we're talking
7187
03:59:56,960 --> 03:59:59,199
three 400 episodes. For the first few
7188
03:59:59,199 --> 04:00:01,680
years, I never really cracked 3,000
7189
04:00:01,680 --> 04:00:04,160
downloads a month. And so I could say,
7190
04:00:04,160 --> 04:00:06,319
man, why is this taking so long? But the
7191
04:00:06,319 --> 04:00:08,640
real real is that it took me that long
7192
04:00:08,640 --> 04:00:12,319
to get good. It also being extra real
7193
04:00:12,319 --> 04:00:14,160
took me that long to have proof on the
7194
04:00:14,160 --> 04:00:16,000
outside that what I was saying was true
7195
04:00:16,000 --> 04:00:18,399
on the inside. And right now, no one who
7196
04:00:18,399 --> 04:00:20,479
listens to my podcast cares that it took
7197
04:00:20,479 --> 04:00:22,399
me seven years to get here. They just
7198
04:00:22,399 --> 04:00:24,479
cared that it's good today. And so
7199
04:00:24,479 --> 04:00:26,800
people quit here when things get hard
7200
04:00:26,800 --> 04:00:28,239
because the thought of something being
7201
04:00:28,239 --> 04:00:30,640
hard forever is unbearable. They think
7202
04:00:30,640 --> 04:00:32,720
that this line is just going to keep
7203
04:00:32,720 --> 04:00:35,120
going this way forever. But it's not
7204
04:00:35,120 --> 04:00:37,600
because once you fully understand all
7205
04:00:37,600 --> 04:00:39,439
the bodies where the skeletons are
7206
04:00:39,439 --> 04:00:41,439
hidden, then you can actually start
7207
04:00:41,439 --> 04:00:44,080
solving them one by one. The thing is is
7208
04:00:44,080 --> 04:00:46,399
that that distraction only is
7209
04:00:46,399 --> 04:00:48,000
distracting because you don't know what
7210
04:00:48,000 --> 04:00:50,080
sucks about it. You might think you know
7211
04:00:50,080 --> 04:00:51,760
what sucks about it, but you don't know
7212
04:00:51,760 --> 04:00:53,600
what sucks about it. And so the big
7213
04:00:53,600 --> 04:00:56,239
difference is you have something called
7214
04:00:56,239 --> 04:00:58,800
declarative versus procedural knowledge.
7215
04:00:58,800 --> 04:01:00,399
And so there's two types of learning and
7216
04:01:00,399 --> 04:01:02,000
this is actually formal. This is uh this
7217
04:01:02,000 --> 04:01:03,600
is from academia. So you have
7218
04:01:03,600 --> 04:01:05,840
declarative knowledge which is knowing
7219
04:01:05,840 --> 04:01:07,840
about something.
7220
04:01:07,840 --> 04:01:09,680
So if you go memorize a fact or you you
7221
04:01:09,680 --> 04:01:11,840
you learn how private equity works,
7222
04:01:11,840 --> 04:01:14,640
right? This is knowing about. The other
7223
04:01:14,640 --> 04:01:18,080
type of knowledge is procedural
7224
04:01:18,080 --> 04:01:21,840
which is knowing how to.
7225
04:01:21,840 --> 04:01:23,680
And so a lot of people mistake
7226
04:01:23,680 --> 04:01:26,160
declarative knowledge for procedural.
7227
04:01:26,160 --> 04:01:28,560
And so they mistakenly think that if
7228
04:01:28,560 --> 04:01:30,880
they watch 10 videos on doing a private
7229
04:01:30,880 --> 04:01:32,399
equity deal that it means they
7230
04:01:32,399 --> 04:01:33,920
understand how to do a private equity
7231
04:01:33,920 --> 04:01:35,840
deal. Or they watch 10 videos on cold
7232
04:01:35,840 --> 04:01:37,520
outbound and they think it means they
7233
04:01:37,520 --> 04:01:39,439
understand how to do cold outbound or 10
7234
04:01:39,439 --> 04:01:42,000
videos on sales and so forth. But you're
7235
04:01:42,000 --> 04:01:44,160
never really going to learn how to do it
7236
04:01:44,160 --> 04:01:46,319
until you do it. And so you're going to
7237
04:01:46,319 --> 04:01:48,640
learn more from your first hundred cold
7238
04:01:48,640 --> 04:01:51,760
calls or 100 cold knock on doors than
7239
04:01:51,760 --> 04:01:53,840
you will from a hundred books or videos
7240
04:01:53,840 --> 04:01:56,800
that you watch. But I have good news.
7241
04:01:56,800 --> 04:01:59,680
Nothing hard lasts forever. There's only
7242
04:01:59,680 --> 04:02:01,680
three things that can happen. You either
7243
04:02:01,680 --> 04:02:05,520
quit, it gets easier, or you get better.
7244
04:02:05,520 --> 04:02:08,160
So no matter what, it always ends. You
7245
04:02:08,160 --> 04:02:10,000
only lose when you quit before you see
7246
04:02:10,000 --> 04:02:11,840
it all the way through. And I think
7247
04:02:11,840 --> 04:02:13,760
that's incredibly encouraging. So no
7248
04:02:13,760 --> 04:02:15,920
matter how hard whatever it is that
7249
04:02:15,920 --> 04:02:17,359
you're doing is, which by the way just
7250
04:02:17,359 --> 04:02:18,560
means that your expectation doesn't
7251
04:02:18,560 --> 04:02:21,120
match reality. But no matter how hard it
7252
04:02:21,120 --> 04:02:23,920
is, you either quit, it gets easier
7253
04:02:23,920 --> 04:02:26,319
because something changes externally or
7254
04:02:26,319 --> 04:02:28,160
you get harder. Something changes
7255
04:02:28,160 --> 04:02:30,800
internally. But no matter what, it will
7256
04:02:30,800 --> 04:02:32,720
end. Think about it like you're you're
7257
04:02:32,720 --> 04:02:34,160
mining for gold, right? You're you're
7258
04:02:34,160 --> 04:02:35,840
chiseling away underground and you've
7259
04:02:35,840 --> 04:02:37,040
got this pile of gold. You don't know
7260
04:02:37,040 --> 04:02:38,479
how far away it is, but it's underground
7261
04:02:38,479 --> 04:02:40,080
and you're digging towards it. This
7262
04:02:40,080 --> 04:02:41,680
difficulty of swinging the the the
7263
04:02:41,680 --> 04:02:43,680
pickaxe can end when one, you walk out
7264
04:02:43,680 --> 04:02:45,680
of the mine and say there's, you know
7265
04:02:45,680 --> 04:02:48,880
what, marketing doesn't work. Sure. The
7266
04:02:48,880 --> 04:02:50,720
second is that all of a sudden you hit a
7267
04:02:50,720 --> 04:02:52,319
soft patch and then you're like, "Oh my
7268
04:02:52,319 --> 04:02:53,840
god, I'm digging so much faster now.
7269
04:02:53,840 --> 04:02:55,520
This is great." And then you get to the
7270
04:02:55,520 --> 04:02:59,199
gold. Or you just start swinging the axe
7271
04:02:59,199 --> 04:03:01,120
harder because you get more muscled, you
7272
04:03:01,120 --> 04:03:02,800
get more efficient with your movements,
7273
04:03:02,800 --> 04:03:04,640
and you just keep chiseling away. Even
7274
04:03:04,640 --> 04:03:06,720
if it goes from dirt to rock, you just
7275
04:03:06,720 --> 04:03:08,800
keep chiseling away at a slower pace,
7276
04:03:08,800 --> 04:03:10,720
but you eventually break through and get
7277
04:03:10,720 --> 04:03:12,399
there. But in all three of those
7278
04:03:12,399 --> 04:03:15,120
scenarios, hard doesn't last forever.
7279
04:03:15,120 --> 04:03:16,319
And so I'll give you a little rule of
7280
04:03:16,319 --> 04:03:18,399
thumb that I've seen on how do how do I
7281
04:03:18,399 --> 04:03:19,920
do more of what's working, right? How do
7282
04:03:19,920 --> 04:03:22,960
I keep going? When it's easy, do more.
7283
04:03:22,960 --> 04:03:25,279
When it's hard, do different. And so I
7284
04:03:25,279 --> 04:03:26,479
told this story years ago, and I'll tell
7285
04:03:26,479 --> 04:03:29,120
you guys again. So when Gym Launch just
7286
04:03:29,120 --> 04:03:30,720
barely started to work, all right, so
7287
04:03:30,720 --> 04:03:32,319
I'm like 3 months into Gym Launch
7288
04:03:32,319 --> 04:03:33,840
working. Guess what? Guess what
7289
04:03:33,840 --> 04:03:36,160
brilliant Alex thought he should do? So
7290
04:03:36,160 --> 04:03:37,359
I went to this meet up of 10
7291
04:03:37,359 --> 04:03:38,560
entrepreneurs. All the entrepreneurs
7292
04:03:38,560 --> 04:03:39,840
were eight figureure entrepreneurs, so
7293
04:03:39,840 --> 04:03:41,520
10 million plus per year. I was not
7294
04:03:41,520 --> 04:03:42,880
making that. I we were pacing probably
7295
04:03:42,880 --> 04:03:44,560
three or $400,000 a month at the time.
7296
04:03:44,560 --> 04:03:46,399
It was just me, Ila, and I think we had
7297
04:03:46,399 --> 04:03:48,000
an assistant over kitchen sink, right?
7298
04:03:48,000 --> 04:03:50,160
So, it was I was making the most money
7299
04:03:50,160 --> 04:03:52,000
I'd ever made in my life and probably to
7300
04:03:52,000 --> 04:03:53,600
this day because it was the most
7301
04:03:53,600 --> 04:03:55,840
material change in my life by
7302
04:03:55,840 --> 04:03:58,000
percentage. When you go from no money to
7303
04:03:58,000 --> 04:03:59,520
hundreds of thousands a month within 90
7304
04:03:59,520 --> 04:04:01,520
days, me looking at bankruptcy attorneys
7305
04:04:01,520 --> 04:04:04,560
6 months earlier to that, it's I can't I
7306
04:04:04,560 --> 04:04:07,920
can't explain how crazy reality shifted.
7307
04:04:07,920 --> 04:04:10,319
But I had this guy who came up to me
7308
04:04:10,319 --> 04:04:12,000
after I gave my little presentation of
7309
04:04:12,000 --> 04:04:13,359
like, hey, this is what's working. And
7310
04:04:13,359 --> 04:04:14,720
so, of course, what I want to do now is
7311
04:04:14,720 --> 04:04:16,479
start a supplement company. He came up
7312
04:04:16,479 --> 04:04:18,479
to me and he said, "If what you're
7313
04:04:18,479 --> 04:04:20,800
saying is true, if the economics of the
7314
04:04:20,800 --> 04:04:22,560
business that you've outlined really do
7315
04:04:22,560 --> 04:04:25,120
work as well as you say they do, when it
7316
04:04:25,120 --> 04:04:27,840
gets easy is when you go hard. It's when
7317
04:04:27,840 --> 04:04:30,239
you double down on what's working." And
7318
04:04:30,239 --> 04:04:31,600
he said that to me, and I remember he
7319
04:04:31,600 --> 04:04:32,800
said, "Because what's going to happen is
7320
04:04:32,800 --> 04:04:34,640
that if it really works this well,
7321
04:04:34,640 --> 04:04:36,720
someone bigger and better is going to
7322
04:04:36,720 --> 04:04:38,720
take all your stuff and immediately try
7323
04:04:38,720 --> 04:04:40,800
and do it with their distribution, their
7324
04:04:40,800 --> 04:04:43,040
audience, and their leverage." And so if
7325
04:04:43,040 --> 04:04:45,760
there's ever been a time to focus on the
7326
04:04:45,760 --> 04:04:47,520
thing that's in front of you, it's right
7327
04:04:47,520 --> 04:04:49,840
now. And I remember Leila and I felt
7328
04:04:49,840 --> 04:04:52,080
this huge weight of pressure that
7329
04:04:52,080 --> 04:04:54,080
started us at that point cuz literally I
7330
04:04:54,080 --> 04:04:55,520
think I was I was really content for
7331
04:04:55,520 --> 04:04:58,319
like 6 weeks and I was really thrilled.
7332
04:04:58,319 --> 04:04:59,600
We had just gotten married. We're 6
7333
04:04:59,600 --> 04:05:01,359
weeks into being, you know, married.
7334
04:05:01,359 --> 04:05:03,520
We're making really good money. Uh she's
7335
04:05:03,520 --> 04:05:06,880
23 or 24. I'm 26 or 27. So like we're
7336
04:05:06,880 --> 04:05:08,239
young. I was like, "Holy cow, this is
7337
04:05:08,239 --> 04:05:09,680
amazing." Our rent, for context, was
7338
04:05:09,680 --> 04:05:11,840
$1,200 a month. I was taking home 400,
7339
04:05:11,840 --> 04:05:13,439
right? Like, and so I've always lived
7340
04:05:13,439 --> 04:05:15,439
far below my means. At this point,
7341
04:05:15,439 --> 04:05:18,640
though, we went back home with the devil
7342
04:05:18,640 --> 04:05:22,720
inside of us in terms of the fear of us
7343
04:05:22,720 --> 04:05:24,800
losing everything that we had. And so,
7344
04:05:24,800 --> 04:05:26,319
we basically worked around the clock
7345
04:05:26,319 --> 04:05:27,840
like someone was trying to put us out of
7346
04:05:27,840 --> 04:05:29,359
business. And the thing is is that
7347
04:05:29,359 --> 04:05:31,760
people did eventually, but by the time
7348
04:05:31,760 --> 04:05:34,560
they did, we had gone so far ahead that
7349
04:05:34,560 --> 04:05:36,239
they were way behind us because we were
7350
04:05:36,239 --> 04:05:38,160
working against a hypothetical enemy who
7351
04:05:38,160 --> 04:05:40,080
was trying to destroy us, not the ones
7352
04:05:40,080 --> 04:05:41,680
that were actually mediocre and
7353
04:05:41,680 --> 04:05:44,880
distracted. When it's easy, do more.
7354
04:05:44,880 --> 04:05:47,279
Once it starts working, put the blinders
7355
04:05:47,279 --> 04:05:49,439
on and hit the gas. And I would
7356
04:05:49,439 --> 04:05:52,640
challenge you with this tactical setup
7357
04:05:52,640 --> 04:05:54,880
right now. If you've never worked for 30
7358
04:05:54,880 --> 04:05:56,800
days straight, I would encourage you to
7359
04:05:56,800 --> 04:05:58,640
try it. In China, there's something
7360
04:05:58,640 --> 04:06:01,359
called the 996, which is basically the
7361
04:06:01,359 --> 04:06:04,479
standard for Chinese tech work hours,
7362
04:06:04,479 --> 04:06:06,560
which is you work 9:00 a.m. to 9:00 p.m.
7363
04:06:06,560 --> 04:06:09,600
6 days a week. That's the bar. And so, I
7364
04:06:09,600 --> 04:06:11,520
like to state that because we think we
7365
04:06:11,520 --> 04:06:14,560
work so hard. That's just the average.
7366
04:06:14,560 --> 04:06:16,560
And so, I would encourage you, remember
7367
04:06:16,560 --> 04:06:19,760
hard times, hard men, right? Good times.
7368
04:06:19,760 --> 04:06:21,600
Well, we need to act as though it's hard
7369
04:06:21,600 --> 04:06:23,040
times because if you don't, you're
7370
04:06:23,040 --> 04:06:25,040
surely going to become soft. My
7371
04:06:25,040 --> 04:06:27,920
challenge for you is work 30 days
7372
04:06:27,920 --> 04:06:31,120
straight. Work 10, work 12 hours a day,
7373
04:06:31,120 --> 04:06:33,359
30 days straight. What you will realize
7374
04:06:33,359 --> 04:06:36,000
at the end of this is one, how much work
7375
04:06:36,000 --> 04:06:38,399
you can actually do. Two, that you're
7376
04:06:38,399 --> 04:06:40,160
not going to die. You're not made of
7377
04:06:40,160 --> 04:06:42,720
glass. And third, you'll know that you
7378
04:06:42,720 --> 04:06:45,840
have that gear if the time calls for it.
7379
04:06:45,840 --> 04:06:48,160
Now, I will be very real with you. I
7380
04:06:48,160 --> 04:06:50,479
work more now than I have ever worked in
7381
04:06:50,479 --> 04:06:53,680
my life. Save maybe when I opened my
7382
04:06:53,680 --> 04:06:56,720
very first gym. So, I work in absolute
7383
04:06:56,720 --> 04:06:58,560
hours more than I ever have. And I
7384
04:06:58,560 --> 04:07:00,720
produced significantly more than I did
7385
04:07:00,720 --> 04:07:03,279
then. And this year, I think I've taken
7386
04:07:03,279 --> 04:07:05,600
something like 10 or 11 days off in
7387
04:07:05,600 --> 04:07:09,120
2024. I would measure a day off as any
7388
04:07:09,120 --> 04:07:12,560
day where I worked probably fewer than
7389
04:07:12,560 --> 04:07:15,279
four hours. I put this as context. And I
7390
04:07:15,279 --> 04:07:16,960
had a I had a security guard who was
7391
04:07:16,960 --> 04:07:19,199
here atacquisition.com
7392
04:07:19,199 --> 04:07:21,840
earlier this year and he was talking to
7393
04:07:21,840 --> 04:07:23,760
uh some of the younger guys on the team
7394
04:07:23,760 --> 04:07:26,160
and he said you should never let Alex
7395
04:07:26,160 --> 04:07:28,640
work more hours than you because he's
7396
04:07:28,640 --> 04:07:31,439
already ahead of you. And so if you want
7397
04:07:31,439 --> 04:07:34,319
to catch up with him certainly don't let
7398
04:07:34,319 --> 04:07:38,560
him outwork you. Some of the hoodoo
7399
04:07:38,560 --> 04:07:41,600
mental health whatever people are going
7400
04:07:41,600 --> 04:07:44,800
to disagree with me. also don't give a
7401
04:07:44,800 --> 04:07:47,680
[ __ ] And so the thing is is you can
7402
04:07:47,680 --> 04:07:49,439
just go and make those mental health
7403
04:07:49,439 --> 04:07:52,560
people happy or you can get what the
7404
04:07:52,560 --> 04:07:55,439
[ __ ] you came here to get. You can do
7405
04:07:55,439 --> 04:07:57,840
what you came to do. And I have found
7406
04:07:57,840 --> 04:07:59,120
that in my life I've gotten
7407
04:07:59,120 --> 04:08:00,960
significantly more purpose and more
7408
04:08:00,960 --> 04:08:04,960
drive from a long day's hard work from
7409
04:08:04,960 --> 04:08:07,760
earning my shower at the end of the day
7410
04:08:07,760 --> 04:08:10,319
than anything that I've ever had from a
7411
04:08:10,319 --> 04:08:12,479
pleasure- seeeking perspective. As much
7412
04:08:12,479 --> 04:08:14,560
as it's great to go to the pool for a
7413
04:08:14,560 --> 04:08:16,720
day and hang out with some people or
7414
04:08:16,720 --> 04:08:19,040
maybe just watch movies, as great as
7415
04:08:19,040 --> 04:08:21,920
that may be, there's nothing that I get
7416
04:08:21,920 --> 04:08:25,279
more filming out of than knowing that at
7417
04:08:25,279 --> 04:08:27,199
the end of a day that I work 16 straight
7418
04:08:27,199 --> 04:08:29,359
hours that I have some product that I
7419
04:08:29,359 --> 04:08:31,279
pulled out of my brain and into the
7420
04:08:31,279 --> 04:08:34,319
world that this thing got life. Now,
7421
04:08:34,319 --> 04:08:36,160
looking back on the best days of my
7422
04:08:36,160 --> 04:08:39,040
life, it was those types of days. And so
7423
04:08:39,040 --> 04:08:41,199
when I realized that, I stopped trying
7424
04:08:41,199 --> 04:08:43,680
to satisfy what everyone else told me my
7425
04:08:43,680 --> 04:08:44,880
life was supposed to be like. They're
7426
04:08:44,880 --> 04:08:46,640
like, "You should take vacations." I
7427
04:08:46,640 --> 04:08:49,120
took my first vacation this year, and it
7428
04:08:49,120 --> 04:08:51,040
was supposed to be a two-day vacation,
7429
04:08:51,040 --> 04:08:53,439
and Leila and I left after one. Because
7430
04:08:53,439 --> 04:08:56,000
what happened was I got there at this
7431
04:08:56,000 --> 04:08:58,239
beautiful resort,5 or $10,000 a night,
7432
04:08:58,239 --> 04:08:59,840
very expensive. And I I say that just to
7433
04:08:59,840 --> 04:09:01,120
say that it was ritzy, right? It was
7434
04:09:01,120 --> 04:09:04,000
luxurious. I get there, I sit out on the
7435
04:09:04,000 --> 04:09:05,760
back of this beautiful patio for this
7436
04:09:05,760 --> 04:09:08,399
really expensive room and I look out on
7437
04:09:08,399 --> 04:09:10,720
this, you know, mountain view and I
7438
04:09:10,720 --> 04:09:14,000
think to myself, this is beautiful and I
7439
04:09:14,000 --> 04:09:17,600
don't care. I wish I felt something. And
7440
04:09:17,600 --> 04:09:19,520
all I wanted was to get back in the
7441
04:09:19,520 --> 04:09:22,800
game. And so I realized that even that
7442
04:09:22,800 --> 04:09:24,399
little mini vacation was something that
7443
04:09:24,399 --> 04:09:26,080
I had done because I thought it was an
7444
04:09:26,080 --> 04:09:28,239
expectation. It was unspoken or spoken
7445
04:09:28,239 --> 04:09:30,399
from someone else in my life. And so I
7446
04:09:30,399 --> 04:09:32,479
have this quote that I live by which is
7447
04:09:32,479 --> 04:09:34,399
if you don't know why you believe what
7448
04:09:34,399 --> 04:09:36,720
you believe it's not your belief it's
7449
04:09:36,720 --> 04:09:38,960
someone else's at that time it's like I
7450
04:09:38,960 --> 04:09:41,120
had this belief that I should take a
7451
04:09:41,120 --> 04:09:44,560
vacation but why now if I can't explain
7452
04:09:44,560 --> 04:09:46,720
it which I really can't then I shouldn't
7453
04:09:46,720 --> 04:09:49,120
do it and now I want to be very clear
7454
04:09:49,120 --> 04:09:50,640
this doesn't mean that there's no time
7455
04:09:50,640 --> 04:09:52,960
for rest but I like to think about the
7456
04:09:52,960 --> 04:09:54,479
hypothetical extremes I like to think
7457
04:09:54,479 --> 04:09:57,120
about the 996 that is just the standard
7458
04:09:57,120 --> 04:09:59,439
in China and I like to think about
7459
04:09:59,439 --> 04:10:01,279
people in the middle ages in the dark
7460
04:10:01,279 --> 04:10:04,319
ages. They worked above their shop and
7461
04:10:04,319 --> 04:10:06,640
they didn't have like the 7-day or 5day
7462
04:10:06,640 --> 04:10:08,160
work week is something that was invented
7463
04:10:08,160 --> 04:10:10,640
in the last hundred years. This is not
7464
04:10:10,640 --> 04:10:12,880
pointing to your human capacity. This is
7465
04:10:12,880 --> 04:10:15,199
pointing to a societal constraint. I
7466
04:10:15,199 --> 04:10:17,680
think that a truly liberated individual
7467
04:10:17,680 --> 04:10:20,640
operates purely from first principles of
7468
04:10:20,640 --> 04:10:22,640
what do I want? What does it take to get
7469
04:10:22,640 --> 04:10:24,160
it? And then what are the things that
7470
04:10:24,160 --> 04:10:26,080
hold me back? And those those things
7471
04:10:26,080 --> 04:10:27,279
that hold you back are going to be
7472
04:10:27,279 --> 04:10:29,359
physical constraints. You can't operate
7473
04:10:29,359 --> 04:10:30,800
without sleep. Not for an extended
7474
04:10:30,800 --> 04:10:32,239
period of time. So, I'm not saying don't
7475
04:10:32,239 --> 04:10:34,080
sleep. Sleep as much as you can. I'm not
7476
04:10:34,080 --> 04:10:37,279
saying that you can work physical labor
7477
04:10:37,279 --> 04:10:39,359
all hours of the day without rest. You
7478
04:10:39,359 --> 04:10:40,960
need rest. And sometimes you need mental
7479
04:10:40,960 --> 04:10:42,720
rest, which is different than physical
7480
04:10:42,720 --> 04:10:44,560
rest. And that's okay. So, if you need,
7481
04:10:44,560 --> 04:10:45,680
and I'm going to put need in quotes
7482
04:10:45,680 --> 04:10:48,399
here, if your way of unplugging is
7483
04:10:48,399 --> 04:10:50,160
watching Netflix, cool. If your way of
7484
04:10:50,160 --> 04:10:51,920
unplugging is gardening, cool. If your
7485
04:10:51,920 --> 04:10:54,080
way of unplugging is working out, cool.
7486
04:10:54,080 --> 04:10:55,680
Do what works for you. But
7487
04:10:55,680 --> 04:10:57,520
fundamentally, the goal is to increase
7488
04:10:57,520 --> 04:10:59,920
total net output over the longest period
7489
04:10:59,920 --> 04:11:02,479
of time. And so, it's not about, okay,
7490
04:11:02,479 --> 04:11:04,160
I'm going to work 24 hours straight.
7491
04:11:04,160 --> 04:11:05,199
Well, you're actually going to take from
7492
04:11:05,199 --> 04:11:06,800
tomorrow. So, your net output over two
7493
04:11:06,800 --> 04:11:09,040
days is going to be much worse. And so,
7494
04:11:09,040 --> 04:11:11,040
it's really balancing that. And I
7495
04:11:11,040 --> 04:11:13,359
learned that much later in life. I was
7496
04:11:13,359 --> 04:11:15,040
able to get significantly more out of
7497
04:11:15,040 --> 04:11:17,279
myself working seven days a week and
7498
04:11:17,279 --> 04:11:20,640
working 10 hours, 12 hours on those days
7499
04:11:20,640 --> 04:11:23,680
rather than working, call it, 18 every
7500
04:11:23,680 --> 04:11:26,000
day. That was for me a little bit too
7501
04:11:26,000 --> 04:11:28,160
much. Now I have had seasons where I
7502
04:11:28,160 --> 04:11:30,160
call it three shifts. So basically I
7503
04:11:30,160 --> 04:11:32,399
work 6:00 to noon, noon to 6:00, and
7504
04:11:32,399 --> 04:11:35,600
then I work 6 to basically sleep time
7505
04:11:35,600 --> 04:11:37,760
when I get back home. I only usually
7506
04:11:37,760 --> 04:11:41,040
have to go into that gear probably once
7507
04:11:41,040 --> 04:11:43,760
a year for maybe 6 weeks to 8 weeks is
7508
04:11:43,760 --> 04:11:45,680
when I have to go into the third shift.
7509
04:11:45,680 --> 04:11:47,520
But most of the times I can pretty much
7510
04:11:47,520 --> 04:11:49,920
sustain 12 hours of work a day kind of
7511
04:11:49,920 --> 04:11:52,319
indefinitely. I bring this up to kind of
7512
04:11:52,319 --> 04:11:54,080
set the bar for at least where I'm at.
7513
04:11:54,080 --> 04:11:55,120
So maybe you have some sort of
7514
04:11:55,120 --> 04:11:58,000
benchmark. But if you're wanting to get
7515
04:11:58,000 --> 04:12:00,640
ahead, I can promise you working less is
7516
04:12:00,640 --> 04:12:02,160
probably not the way to do it.
7517
04:12:02,160 --> 04:12:03,680
Especially when you don't have as many
7518
04:12:03,680 --> 04:12:05,920
skills because the fewer skills that you
7519
04:12:05,920 --> 04:12:08,080
have, the more labor or volume you have
7520
04:12:08,080 --> 04:12:10,319
to compensate with in order to make up
7521
04:12:10,319 --> 04:12:12,880
for the ineffectiveness per unit of time
7522
04:12:12,880 --> 04:12:15,040
you work. And so in the beginning is
7523
04:12:15,040 --> 04:12:16,880
when you actually have to work the most,
7524
04:12:16,880 --> 04:12:18,640
but in the end is when you want to work
7525
04:12:18,640 --> 04:12:20,080
the most because of how much more you're
7526
04:12:20,080 --> 04:12:22,000
getting for it. So my team wanted me to
7527
04:12:22,000 --> 04:12:23,199
make this point because they've
7528
04:12:23,199 --> 04:12:24,880
obviously seen me work and they're like,
7529
04:12:24,880 --> 04:12:26,160
I don't think this is coming through in
7530
04:12:26,160 --> 04:12:27,920
this video, which is that I have an
7531
04:12:27,920 --> 04:12:30,160
obsession with speed. This seems kind of
7532
04:12:30,160 --> 04:12:31,920
weird in just position with patience,
7533
04:12:31,920 --> 04:12:33,680
but this is the very classic micro
7534
04:12:33,680 --> 04:12:35,439
speed, macro patience, you know,
7535
04:12:35,439 --> 04:12:36,960
whatever whatever whatever is you
7536
04:12:36,960 --> 04:12:39,279
prefer. The idea is though that you want
7537
04:12:39,279 --> 04:12:41,840
to pull reality forward. And so I always
7538
04:12:41,840 --> 04:12:43,279
like to break things down, whether it's
7539
04:12:43,279 --> 04:12:45,279
me or my team, into how many hours and
7540
04:12:45,279 --> 04:12:46,800
minutes something's going to take. And
7541
04:12:46,800 --> 04:12:48,720
then I like to stack those things back
7542
04:12:48,720 --> 04:12:50,160
and forth. And rather than using
7543
04:12:50,160 --> 04:12:52,239
arbitrary deadlines of, okay, let's get
7544
04:12:52,239 --> 04:12:54,399
this done by next week, you use actual
7545
04:12:54,399 --> 04:12:55,920
deadlines based on how long it should
7546
04:12:55,920 --> 04:12:57,760
take. And then when you find out how
7547
04:12:57,760 --> 04:12:59,199
long something takes, you then ask the
7548
04:12:59,199 --> 04:13:00,720
next question, which is how can I make
7549
04:13:00,720 --> 04:13:02,560
this take less time? How can I automate
7550
04:13:02,560 --> 04:13:03,840
this thing? How can I automate portions
7551
04:13:03,840 --> 04:13:05,680
of this work? How can I how can I give
7552
04:13:05,680 --> 04:13:07,439
away chunks of this? How can I deem some
7553
04:13:07,439 --> 04:13:10,080
of this unnecessary? And so that
7554
04:13:10,080 --> 04:13:12,640
continuous cutting and pulling forward
7555
04:13:12,640 --> 04:13:15,199
of tasks is how you can move so much
7556
04:13:15,199 --> 04:13:17,439
faster through life and towards your
7557
04:13:17,439 --> 04:13:19,840
goals. And so I have this weird mental
7558
04:13:19,840 --> 04:13:22,560
belief that there's like this this big
7559
04:13:22,560 --> 04:13:24,560
path in front of me that I have all
7560
04:13:24,560 --> 04:13:26,080
these skills that I have to achieve to
7561
04:13:26,080 --> 04:13:28,319
hit these milestones that is laid out on
7562
04:13:28,319 --> 04:13:30,720
this time span. And so I reject the
7563
04:13:30,720 --> 04:13:33,199
timeline, but I accept the skills. And
7564
04:13:33,199 --> 04:13:35,120
so the idea is like, okay, it's like I'm
7565
04:13:35,120 --> 04:13:36,640
a Pac-Man of like eating those little
7566
04:13:36,640 --> 04:13:38,239
dots and each of those dots is a skill.
7567
04:13:38,239 --> 04:13:39,760
It's like I want to pull it towards me
7568
04:13:39,760 --> 04:13:41,760
as fast as I can so I can so I can
7569
04:13:41,760 --> 04:13:44,399
ingest the skills and basically power up
7570
04:13:44,399 --> 04:13:46,560
myself faster because I know that these
7571
04:13:46,560 --> 04:13:48,479
skills are requisites. I can't move on
7572
04:13:48,479 --> 04:13:50,080
to calculus without knowing arithmetic.
7573
04:13:50,080 --> 04:13:51,359
I can't move on to calculus without
7574
04:13:51,359 --> 04:13:52,960
knowing algebra. There's no way around
7575
04:13:52,960 --> 04:13:55,760
it. But I can choose to learn algebra
7576
04:13:55,760 --> 04:13:58,080
faster. And so then it's like, okay,
7577
04:13:58,080 --> 04:14:00,159
what is required to learn algebra? Oh,
7578
04:14:00,159 --> 04:14:02,720
and if I do more problems faster than
7579
04:14:02,720 --> 04:14:04,720
the standard person, then I'll get there
7580
04:14:04,720 --> 04:14:06,880
faster. And so if the class says, "Okay,
7581
04:14:06,880 --> 04:14:08,640
I need you to do these 10 problem sets
7582
04:14:08,640 --> 04:14:10,479
and they're due next week." Well, then
7583
04:14:10,479 --> 04:14:12,159
how long does it take for me to do those
7584
04:14:12,159 --> 04:14:14,239
problems, maybe 30 minutes, then why
7585
04:14:14,239 --> 04:14:16,159
can't I do my second lesson 30 minutes
7586
04:14:16,159 --> 04:14:17,840
later and then do another 10 problems
7587
04:14:17,840 --> 04:14:20,000
and do my third lesson 30 minutes after
7588
04:14:20,000 --> 04:14:21,920
that and do another 10 problems? Well,
7589
04:14:21,920 --> 04:14:23,680
if that's the case, then I can do an
7590
04:14:23,680 --> 04:14:26,720
entire year's worth of work in a week.
7591
04:14:26,720 --> 04:14:29,520
And this is how in my opinion pulling
7592
04:14:29,520 --> 04:14:31,120
forward is one of those things that I've
7593
04:14:31,120 --> 04:14:33,600
seen so many of the most successful
7594
04:14:33,600 --> 04:14:36,080
entrepreneurs do is they simply question
7595
04:14:36,080 --> 04:14:37,680
timelines
7596
04:14:37,680 --> 04:14:40,239
aggressively and ruthlessly eliminate
7597
04:14:40,239 --> 04:14:43,120
any waste or gap between the actions
7598
04:14:43,120 --> 04:14:45,520
required to win and everything else.
7599
04:14:45,520 --> 04:14:47,279
Honestly, I think the things that I'm
7600
04:14:47,279 --> 04:14:50,000
working on right now for my skills are
7601
04:14:50,000 --> 04:14:53,199
I'm learning how to
7602
04:14:53,199 --> 04:14:55,199
reinforce
7603
04:14:55,199 --> 04:14:57,600
cultural norms. across a company that
7604
04:14:57,600 --> 04:15:01,040
continues to scale which I define as the
7605
04:15:01,040 --> 04:15:03,680
rules that govern reinforcement in an
7606
04:15:03,680 --> 04:15:06,159
organization. That is the culture and
7607
04:15:06,159 --> 04:15:08,319
those are both spoken and unspoken
7608
04:15:08,319 --> 04:15:10,800
rules. And when I say rules, I mean when
7609
04:15:10,800 --> 04:15:12,560
someone does this, they get a pat on the
7610
04:15:12,560 --> 04:15:15,439
butt. When someone does this, they get
7611
04:15:15,439 --> 04:15:17,920
uh chastised or they get a ding, right?
7612
04:15:17,920 --> 04:15:19,840
And the thing is is that people like to
7613
04:15:19,840 --> 04:15:22,319
say they have a good culture here, but
7614
04:15:22,319 --> 04:15:25,920
the culture is is is hundred a thousand
7615
04:15:25,920 --> 04:15:27,600
unspoken rules and that's why it takes
7616
04:15:27,600 --> 04:15:29,760
people time to learn and figure out what
7617
04:15:29,760 --> 04:15:31,359
the culture is when they go somewhere
7618
04:15:31,359 --> 04:15:33,199
new. You can give someone a list of
7619
04:15:33,199 --> 04:15:35,040
aundred rules and if you were very
7620
04:15:35,040 --> 04:15:37,120
granular, you could figure it out. The
7621
04:15:37,120 --> 04:15:38,640
problem is that the culture changes
7622
04:15:38,640 --> 04:15:39,840
based on the people who change the
7623
04:15:39,840 --> 04:15:42,960
reinforcers. And so that means that the
7624
04:15:42,960 --> 04:15:44,239
culture in a team could be different
7625
04:15:44,239 --> 04:15:45,439
than the culture in the company because
7626
04:15:45,439 --> 04:15:47,920
the person who's closest to them uh
7627
04:15:47,920 --> 04:15:49,520
manages it differently. And so that
7628
04:15:49,520 --> 04:15:51,199
changes the behavior. And so that's why
7629
04:15:51,199 --> 04:15:52,479
a sales team can have a different
7630
04:15:52,479 --> 04:15:53,600
culture than a marketing team, a
7631
04:15:53,600 --> 04:15:54,720
different culture than a finance team,
7632
04:15:54,720 --> 04:15:56,560
different culture than an HR team. And
7633
04:15:56,560 --> 04:15:58,800
so I'd say right now a big focus of me
7634
04:15:58,800 --> 04:16:01,520
of mine is trying to standardize the
7635
04:16:01,520 --> 04:16:03,040
rules that govern reinforcement across
7636
04:16:03,040 --> 04:16:04,800
an organization that scales and making
7637
04:16:04,800 --> 04:16:07,439
sure that everyone is aligned with that
7638
04:16:07,439 --> 04:16:10,640
style of work. The second thing that I'm
7639
04:16:10,640 --> 04:16:12,640
working on right now is basically the
7640
04:16:12,640 --> 04:16:14,800
highest level of recruiting. And
7641
04:16:14,800 --> 04:16:17,520
recruiting and talent is actually kind
7642
04:16:17,520 --> 04:16:19,359
of like focus where it's one of those
7643
04:16:19,359 --> 04:16:21,279
skills that I don't think you ever
7644
04:16:21,279 --> 04:16:23,359
master. You just keep learning how many
7645
04:16:23,359 --> 04:16:24,560
more levels there are to it. It's like
7646
04:16:24,560 --> 04:16:25,600
right when you finish it, you realize
7647
04:16:25,600 --> 04:16:27,120
that you're at a sub peak and there's
7648
04:16:27,120 --> 04:16:28,399
actually another peak beyond it. The
7649
04:16:28,399 --> 04:16:29,680
missed lifts and then you see the next
7650
04:16:29,680 --> 04:16:32,880
steps. And so like focus, I thought,
7651
04:16:32,880 --> 04:16:34,560
"Oh, I was focused at $100,000 a month
7652
04:16:34,560 --> 04:16:35,600
because I could turn these opportunities
7653
04:16:35,600 --> 04:16:37,199
down." And then you got some even sexier
7654
04:16:37,199 --> 04:16:38,159
opportunities. You got to learn how to
7655
04:16:38,159 --> 04:16:39,840
say no to those. So the same thing
7656
04:16:39,840 --> 04:16:41,279
happens with talent is that you're
7657
04:16:41,279 --> 04:16:42,880
willing to tolerate a certain amount of
7658
04:16:42,880 --> 04:16:45,040
mediocrity at one level. That is no
7659
04:16:45,040 --> 04:16:46,960
longer tolerable at a level above that.
7660
04:16:46,960 --> 04:16:48,399
And the types of people that you bring
7661
04:16:48,399 --> 04:16:50,239
in, you have a higher standard, a higher
7662
04:16:50,239 --> 04:16:51,840
bar for those people and attracting them
7663
04:16:51,840 --> 04:16:53,520
in the process associated with getting
7664
04:16:53,520 --> 04:16:54,960
them to buy into your culture, your
7665
04:16:54,960 --> 04:16:56,560
vision, and getting them to take their
7666
04:16:56,560 --> 04:16:57,680
skills and apply them to your
7667
04:16:57,680 --> 04:16:59,600
opportunity is a skill set that I am
7668
04:16:59,600 --> 04:17:01,199
working on now because fundamentally I
7669
04:17:01,199 --> 04:17:02,399
have a belief which is the best talent
7670
04:17:02,399 --> 04:17:04,000
is always yet to come. And that's
7671
04:17:04,000 --> 04:17:05,600
predicated on the idea that if I get
7672
04:17:05,600 --> 04:17:07,199
better, my opportunity will get better
7673
04:17:07,199 --> 04:17:09,359
and that will attract more people and
7674
04:17:09,359 --> 04:17:11,040
better people. And I bring this up
7675
04:17:11,040 --> 04:17:13,199
because I basically want to translate
7676
04:17:13,199 --> 04:17:15,439
one thing, which is that the
7677
04:17:15,439 --> 04:17:18,319
reinvestment in learning skills never
7678
04:17:18,319 --> 04:17:21,040
ends. And so Charlie Mer said this, you
7679
04:17:21,040 --> 04:17:23,120
just have to be a lifelong student. You
7680
04:17:23,120 --> 04:17:25,040
have to be willing and want to learn. So
7681
04:17:25,040 --> 04:17:27,279
I actually had um an example of this. So
7682
04:17:27,279 --> 04:17:28,720
recently there was somebody on uh teams.
7683
04:17:28,720 --> 04:17:30,399
I did a bunch of one-on- ones uh over
7684
04:17:30,399 --> 04:17:31,680
the last week cuz I was looking at one
7685
04:17:31,680 --> 04:17:34,319
of the departments and uh one of the one
7686
04:17:34,319 --> 04:17:35,520
of the guys said, "Hey, I have this
7687
04:17:35,520 --> 04:17:36,960
particular skill. I was hoping that we
7688
04:17:36,960 --> 04:17:39,359
could eventually have a a role that only
7689
04:17:39,359 --> 04:17:41,600
does this thing." And I said, "You know,
7690
04:17:41,600 --> 04:17:43,359
it's interesting that you that you ask
7691
04:17:43,359 --> 04:17:45,920
or you make that request because if I
7692
04:17:45,920 --> 04:17:47,760
were you, I would not think that way at
7693
04:17:47,760 --> 04:17:50,159
all. I would think how could I learn 10
7694
04:17:50,159 --> 04:17:52,399
more skills." Rather than how can the
7695
04:17:52,399 --> 04:17:54,800
organization meet my demands, it should
7696
04:17:54,800 --> 04:17:57,040
be how can I let my skills meet the
7697
04:17:57,040 --> 04:17:59,199
demands of the existing business. It's
7698
04:17:59,199 --> 04:18:00,720
asking reality to meet you where you're
7699
04:18:00,720 --> 04:18:02,479
at rather than meeting reality where it
7700
04:18:02,479 --> 04:18:04,640
is. And I think that too many people do
7701
04:18:04,640 --> 04:18:08,159
this. Why can't the world insert be more
7702
04:18:08,159 --> 04:18:10,319
convenient for me? Well, the world is
7703
04:18:10,319 --> 04:18:11,920
uncaring and doesn't care about you at
7704
04:18:11,920 --> 04:18:14,000
all. And underlying underpinning that
7705
04:18:14,000 --> 04:18:15,760
statement is the entitlement is the
7706
04:18:15,760 --> 04:18:17,680
expectation that it somehow should. And
7707
04:18:17,680 --> 04:18:19,600
I think that is a poverty lens. And so
7708
04:18:19,600 --> 04:18:21,680
the wealthy accept the world for what it
7709
04:18:21,680 --> 04:18:23,520
is and then choose to maximize and
7710
04:18:23,520 --> 04:18:26,000
adapt. Everyone else tries to stomp
7711
04:18:26,000 --> 04:18:27,359
their feet and throw tantrums and say
7712
04:18:27,359 --> 04:18:29,840
how it's not fair. And they're right.
7713
04:18:29,840 --> 04:18:32,239
And so what? There's a Haitian proverb
7714
04:18:32,239 --> 04:18:33,680
that has nothing to do with cats and
7715
04:18:33,680 --> 04:18:36,159
dogs that I think is relevant right now,
7716
04:18:36,159 --> 04:18:38,880
which is behind mountains are more
7717
04:18:38,880 --> 04:18:42,000
mountains. Goals aren't finish lines,
7718
04:18:42,000 --> 04:18:44,399
they're mile markers. And I think that's
7719
04:18:44,399 --> 04:18:47,680
a great mental frame, which is that you
7720
04:18:47,680 --> 04:18:49,359
think that your goal is to get to
7721
04:18:49,359 --> 04:18:51,840
$10,000 a month or $100,000 a month or
7722
04:18:51,840 --> 04:18:53,120
million a month or 10 million a month,
7723
04:18:53,120 --> 04:18:55,920
whatever your goal is. And I can promise
7724
04:18:55,920 --> 04:18:58,479
you, having hit those, you just move it
7725
04:18:58,479 --> 04:19:00,479
again. You just the mist lifts when you
7726
04:19:00,479 --> 04:19:01,600
get there and you realize there's
7727
04:19:01,600 --> 04:19:03,279
another mountain top. But where people
7728
04:19:03,279 --> 04:19:04,479
lose their way is when they start
7729
04:19:04,479 --> 04:19:05,840
listening to people at the bottom of the
7730
04:19:05,840 --> 04:19:08,239
mountain who see them at the subhead and
7731
04:19:08,239 --> 04:19:09,680
say, "You weren't happy last time when
7732
04:19:09,680 --> 04:19:11,120
you got to the last peak. Why are you
7733
04:19:11,120 --> 04:19:12,880
going to be happy the next time?" But
7734
04:19:12,880 --> 04:19:14,800
that's under their assumption in their
7735
04:19:14,800 --> 04:19:16,960
poverty lens that you did it to get to
7736
04:19:16,960 --> 04:19:18,960
the mountaintop. You did it for the
7737
04:19:18,960 --> 04:19:21,040
climb and they'll never understand that
7738
04:19:21,040 --> 04:19:23,359
and don't expect them to. I remember I
7739
04:19:23,359 --> 04:19:26,319
was trying to understand this person who
7740
04:19:26,319 --> 04:19:27,680
had made this really irrational decision
7741
04:19:27,680 --> 04:19:29,600
and I kept thinking like how how does
7742
04:19:29,600 --> 04:19:31,040
this decision make sense and I was I was
7743
04:19:31,040 --> 04:19:33,279
talking to my father actually and he
7744
04:19:33,279 --> 04:19:37,840
said you're trying to apply logic to
7745
04:19:37,840 --> 04:19:40,880
someone who's illogical and that itself
7746
04:19:40,880 --> 04:19:43,439
is illogical and I remember thinking
7747
04:19:43,439 --> 04:19:44,800
about that is that like there are these
7748
04:19:44,800 --> 04:19:46,080
people in our lives that say these
7749
04:19:46,080 --> 04:19:46,960
things that you're like I don't
7750
04:19:46,960 --> 04:19:48,479
understand why they'd say that and then
7751
04:19:48,479 --> 04:19:50,800
you try and make sense of it but the
7752
04:19:50,800 --> 04:19:52,000
effort of trying to make sense of
7753
04:19:52,000 --> 04:19:53,680
somebody who doesn't make sense is
7754
04:19:53,680 --> 04:19:56,239
nonsensical. And so if it doesn't make
7755
04:19:56,239 --> 04:19:58,560
sense to you, ignore it because they're
7756
04:19:58,560 --> 04:20:00,399
going to disappear anyways. One of the
7757
04:20:00,399 --> 04:20:02,000
things that has been true in my life is
7758
04:20:02,000 --> 04:20:05,199
that the lazy don't know how to start,
7759
04:20:05,199 --> 04:20:07,760
the losers don't know how to finish, and
7760
04:20:07,760 --> 04:20:10,080
the legends don't know how to stop. And
7761
04:20:10,080 --> 04:20:11,840
if I look at that, the lazy, the loser,
7762
04:20:11,840 --> 04:20:13,840
the legends, I know which one I would
7763
04:20:13,840 --> 04:20:15,840
rather be. And I also say that as
7764
04:20:15,840 --> 04:20:18,000
somebody who doesn't believe in legacy
7765
04:20:18,000 --> 04:20:20,720
or anything after we die. So, this is
7766
04:20:20,720 --> 04:20:23,760
tactical. Find what works, do more of
7767
04:20:23,760 --> 04:20:25,760
what works, find the thing that's
7768
04:20:25,760 --> 04:20:27,279
preventing you from doing more of what
7769
04:20:27,279 --> 04:20:29,920
works, solve that thing, and get back to
7770
04:20:29,920 --> 04:20:32,319
doing more of what works. Then repeat.
7771
04:20:32,319 --> 04:20:34,399
And so, the reality is that in health,
7772
04:20:34,399 --> 04:20:36,399
marriage, business, or any game worth
7773
04:20:36,399 --> 04:20:38,960
playing, you don't win by winning. You
7774
04:20:38,960 --> 04:20:41,120
win by staying alive long enough that
7775
04:20:41,120 --> 04:20:43,520
you outlast everyone else. So I will
7776
04:20:43,520 --> 04:20:45,600
give you the advice that I gave a
7777
04:20:45,600 --> 04:20:47,680
subgroup in school that we picked a
7778
04:20:47,680 --> 04:20:49,760
100red people who had applied out of 500
7779
04:20:49,760 --> 04:20:52,000
plus to basically do a 90-day sprint to
7780
04:20:52,000 --> 04:20:53,199
help them start a school community. So
7781
04:20:53,199 --> 04:20:55,199
we wanted to do a more in-depth kind of
7782
04:20:55,199 --> 04:20:56,880
training things like that for this
7783
04:20:56,880 --> 04:20:58,399
special group so that we could see if
7784
04:20:58,399 --> 04:21:00,159
this new implementation yielded better
7785
04:21:00,159 --> 04:21:02,159
results. And so the guy who we had
7786
04:21:02,159 --> 04:21:03,680
running the group asked me he's like can
7787
04:21:03,680 --> 04:21:04,800
you give any kind of like words of
7788
04:21:04,800 --> 04:21:06,000
wisdom to these guys before we kick it
7789
04:21:06,000 --> 04:21:08,159
off? And so this is what I told them.
7790
04:21:08,159 --> 04:21:11,199
Number one follow instructions. Number
7791
04:21:11,199 --> 04:21:12,800
two, when you reach something that you
7792
04:21:12,800 --> 04:21:15,120
don't understand how to do, Google
7793
04:21:15,120 --> 04:21:17,760
first. Number three, when you figure it
7794
04:21:17,760 --> 04:21:20,399
out, post it. Others also may have
7795
04:21:20,399 --> 04:21:23,040
struggled. Four, actually follow the
7796
04:21:23,040 --> 04:21:25,199
rule of 100 daily, which is that you
7797
04:21:25,199 --> 04:21:27,760
reach out to a 100 people, you make a
7798
04:21:27,760 --> 04:21:29,680
post that you spent 100 minutes on,
7799
04:21:29,680 --> 04:21:32,080
spend $100 plus on ads, and you spend at
7800
04:21:32,080 --> 04:21:34,080
least 100 minutes a day making and
7801
04:21:34,080 --> 04:21:36,479
improving ads and researching ads. As
7802
04:21:36,479 --> 04:21:38,960
long as you do those things consistently
7803
04:21:38,960 --> 04:21:41,040
and you get better, you will see
7804
04:21:41,040 --> 04:21:42,880
results. And the amount of you that I
7805
04:21:42,880 --> 04:21:45,439
see who tag me in like day four, day 20,
7806
04:21:45,439 --> 04:21:47,840
day 30, the guys who are at day 60 of
7807
04:21:47,840 --> 04:21:49,279
rule of 100 are like, I have more
7808
04:21:49,279 --> 04:21:50,880
business than I can possibly handle. The
7809
04:21:50,880 --> 04:21:52,319
problem is no one sticks with anything.
7810
04:21:52,319 --> 04:21:54,000
And this is why I want you to stick with
7811
04:21:54,000 --> 04:21:55,840
it. Rule number five, you will be
7812
04:21:55,840 --> 04:21:58,560
excited for a week, then excitement will
7813
04:21:58,560 --> 04:22:01,279
end, and that is where the work begins.
7814
04:22:01,279 --> 04:22:03,920
Six, your work works on you more than
7815
04:22:03,920 --> 04:22:06,319
you work on it. You are the product
7816
04:22:06,319 --> 04:22:08,399
that's getting built more than anything
7817
04:22:08,399 --> 04:22:09,760
that you're actually putting into your
7818
04:22:09,760 --> 04:22:12,159
business. Remember that. Seven,
7819
04:22:12,159 --> 04:22:14,080
everything is unscalable in the
7820
04:22:14,080 --> 04:22:16,399
beginning. That's the point. It's how
7821
04:22:16,399 --> 04:22:18,239
you learn every piece of it. And once
7822
04:22:18,239 --> 04:22:20,080
you learn every piece of it, people will
7823
04:22:20,080 --> 04:22:22,880
call you an expert. Eight, the pain of
7824
04:22:22,880 --> 04:22:24,880
repetition is what forces you to seek
7825
04:22:24,880 --> 04:22:27,279
improvement. When you figure out ways to
7826
04:22:27,279 --> 04:22:29,760
get more for what you do, you've gained
7827
04:22:29,760 --> 04:22:32,640
skill. People want to avoid the pain.
7828
04:22:32,640 --> 04:22:34,399
One of my favorite bodybuilding coaches,
7829
04:22:34,399 --> 04:22:37,040
Milo Sachev, talks about this in the
7830
04:22:37,040 --> 04:22:39,760
context of how to grow a muscle. He
7831
04:22:39,760 --> 04:22:42,080
says, "Find the pain." And then he'll
7832
04:22:42,080 --> 04:22:43,840
just shout, he'll be like, "Suffer.
7833
04:22:43,840 --> 04:22:45,920
Suffer." He's like, "Stay there. Find
7834
04:22:45,920 --> 04:22:47,920
the pain." Because the thing is is that
7835
04:22:47,920 --> 04:22:50,720
that pain is what forces you to change.
7836
04:22:50,720 --> 04:22:53,120
And so if you encounter the pain and
7837
04:22:53,120 --> 04:22:55,120
then say, "Oh, it's not working." That's
7838
04:22:55,120 --> 04:22:57,120
the pain that you need to lean into.
7839
04:22:57,120 --> 04:22:58,960
Because when it's not working is what
7840
04:22:58,960 --> 04:23:01,840
will force you to do an improvement. And
7841
04:23:01,840 --> 04:23:04,080
that's how you get good at making better
7842
04:23:04,080 --> 04:23:06,640
content, get good at making better ads,
7843
04:23:06,640 --> 04:23:08,319
get good at having more effective
7844
04:23:08,319 --> 04:23:09,680
reachouts on different channels,
7845
04:23:09,680 --> 04:23:11,760
whatever. It's that pain that forces you
7846
04:23:11,760 --> 04:23:14,880
to improve. Nine, if you complain, you
7847
04:23:14,880 --> 04:23:18,000
are dead to me. And I said this because
7848
04:23:18,000 --> 04:23:21,439
I believe it. Like there is nothing
7849
04:23:21,439 --> 04:23:24,239
weaker and more helpless and that has
7850
04:23:24,239 --> 04:23:26,800
lower agency than someone who simply
7851
04:23:26,800 --> 04:23:29,760
complains about what has occurred. It's
7852
04:23:29,760 --> 04:23:31,520
something that happened in the past or
7853
04:23:31,520 --> 04:23:33,359
is in front of them in the present. And
7854
04:23:33,359 --> 04:23:36,239
regardless, complaining literally does
7855
04:23:36,239 --> 04:23:38,880
nothing. It's a net zero. It's a net
7856
04:23:38,880 --> 04:23:42,000
loss. You both lose the energy that you
7857
04:23:42,000 --> 04:23:44,319
could have spent improving. And you also
7858
04:23:44,319 --> 04:23:46,239
lose respect from every single person
7859
04:23:46,239 --> 04:23:48,319
that you complain to. And they will
7860
04:23:48,319 --> 04:23:51,680
associate the complaints with you. They
7861
04:23:51,680 --> 04:23:53,760
won't remember what you complain about,
7862
04:23:53,760 --> 04:23:57,279
only that you complain. 10. Literally
7863
04:23:57,279 --> 04:23:58,960
thousands of people have already
7864
04:23:58,960 --> 04:24:02,000
succeeded. You are not special. Repeat
7865
04:24:02,000 --> 04:24:03,760
the same activities and you will be able
7866
04:24:03,760 --> 04:24:06,080
to repeat the same outcomes. Before you
7867
04:24:06,080 --> 04:24:07,600
make a conclusion that something doesn't
7868
04:24:07,600 --> 04:24:09,680
work, I want you to state the objective
7869
04:24:09,680 --> 04:24:11,520
truth of what you're claiming. You're
7870
04:24:11,520 --> 04:24:14,800
like, "Facebook ads don't work." Sure.
7871
04:24:14,800 --> 04:24:17,120
So the 400 billion a year in advertising
7872
04:24:17,120 --> 04:24:19,040
that gets spent on Facebook just somehow
7873
04:24:19,040 --> 04:24:20,159
doesn't work. People aren't doing it
7874
04:24:20,159 --> 04:24:22,000
because it's not working. Cold outbound
7875
04:24:22,000 --> 04:24:24,640
doesn't work. Yeah. So, the gazillion
7876
04:24:24,640 --> 04:24:26,800
companies that do 10,000 emails, 10,000
7877
04:24:26,800 --> 04:24:29,600
calls a day, they just it just it
7878
04:24:29,600 --> 04:24:31,439
doesn't work. What you have to reframe
7879
04:24:31,439 --> 04:24:34,560
it as is, I don't know how to make it
7880
04:24:34,560 --> 04:24:37,600
work. I am not good enough to know how
7881
04:24:37,600 --> 04:24:39,359
to make it work because you're not
7882
04:24:39,359 --> 04:24:40,640
making as much money as you want because
7883
04:24:40,640 --> 04:24:42,239
you're not as good as you think you are.
7884
04:24:42,239 --> 04:24:44,960
11. Write down every reason that you're
7885
04:24:44,960 --> 04:24:46,720
going to stick with it. Put it in front
7886
04:24:46,720 --> 04:24:49,120
of you and revisit it when you need a
7887
04:24:49,120 --> 04:24:51,840
reminder of why to stick with it. 12.
7888
04:24:51,840 --> 04:24:53,760
Business is shockingly simple but
7889
04:24:53,760 --> 04:24:56,399
surprisingly hard. The hard comes in the
7890
04:24:56,399 --> 04:24:58,720
form of consistency. The moment you
7891
04:24:58,720 --> 04:25:01,279
don't want to do it or just skip today
7892
04:25:01,279 --> 04:25:03,040
is the day you realize what hard
7893
04:25:03,040 --> 04:25:06,399
actually feels like. Learn to endure,
7894
04:25:06,399 --> 04:25:07,920
overcome.
7895
04:25:07,920 --> 04:25:11,120
13. Just win. Because at the end of the
7896
04:25:11,120 --> 04:25:13,680
day, all of this hardship will be
7897
04:25:13,680 --> 04:25:15,359
forgotten. It will fade into your
7898
04:25:15,359 --> 04:25:17,199
memory. And so know that as you're going
7899
04:25:17,199 --> 04:25:18,720
through it, you're actually just going
7900
04:25:18,720 --> 04:25:20,399
to disproportionately in your memory
7901
04:25:20,399 --> 04:25:21,920
remember the good stuff and not the bad
7902
04:25:21,920 --> 04:25:25,040
stuff. I only have a few glimpses in my
7903
04:25:25,040 --> 04:25:26,479
memory of the time when I was sleeping
7904
04:25:26,479 --> 04:25:28,239
on the floor and I and I, you know, had
7905
04:25:28,239 --> 04:25:29,439
my gym and I was getting started and I
7906
04:25:29,439 --> 04:25:30,880
remember being so tired that like a good
7907
04:25:30,880 --> 04:25:32,479
night's sleep couldn't fix it. I
7908
04:25:32,479 --> 04:25:34,399
remember that. But it's almost like I
7909
04:25:34,399 --> 04:25:36,000
remember the words that I told myself
7910
04:25:36,000 --> 04:25:37,120
more than I even remember the
7911
04:25:37,120 --> 04:25:39,040
experiences because it was so long ago.
7912
04:25:39,040 --> 04:25:40,880
things will get better and you will
7913
04:25:40,880 --> 04:25:42,159
remember the betterness more than you
7914
04:25:42,159 --> 04:25:43,600
remember the suffering because the
7915
04:25:43,600 --> 04:25:45,199
betterness will carry over in today
7916
04:25:45,199 --> 04:25:46,720
which will always be fresher for you
7917
04:25:46,720 --> 04:25:48,399
than how long ago the suffering may have
7918
04:25:48,399 --> 04:25:50,239
been. The best time to work on improving
7919
04:25:50,239 --> 04:25:51,760
your business was last year. The second
7920
04:25:51,760 --> 04:25:53,600
best time is today so you might as well
7921
04:25:53,600 --> 04:25:54,720
get started. So if you're a business
7922
04:25:54,720 --> 04:25:56,399
owner and you'd like to scale, I'd like
7923
04:25:56,399 --> 04:25:57,920
to invite you out to my headquarters for
7924
04:25:57,920 --> 04:25:59,920
one of our scaling workshops where we
7925
04:25:59,920 --> 04:26:01,680
help identify and solve your number one
7926
04:26:01,680 --> 04:26:03,920
constraint so you can start the year
7927
04:26:03,920 --> 04:26:06,159
with lots of momentum. So, it's two days
7928
04:26:06,159 --> 04:26:08,399
again at my headquarters with my team
7929
04:26:08,399 --> 04:26:10,159
talking about your business. And so, if
7930
04:26:10,159 --> 04:26:11,439
that sounds at all interesting, click
7931
04:26:11,439 --> 04:26:13,199
the link below, book a call with my
7932
04:26:13,199 --> 04:26:14,399
team, and if you're a fit, we'd love to
7933
04:26:14,399 --> 04:26:15,840
see you out of here. Most of my success
7934
04:26:15,840 --> 04:26:17,840
in business has come from finding and
7935
04:26:17,840 --> 04:26:20,080
exploiting unfair advantages. Here are
7936
04:26:20,080 --> 04:26:22,159
15 lessons on finding and leveraging
7937
04:26:22,159 --> 04:26:24,479
yours. So, let's start with number one.
7938
04:26:24,479 --> 04:26:27,680
Pain is the price of progress.
7939
04:26:27,680 --> 04:26:29,840
The fastest growth periods are often the
7940
04:26:29,840 --> 04:26:32,640
most miserable. If you want to progress,
7941
04:26:32,640 --> 04:26:34,640
get used to pain. If you think about
7942
04:26:34,640 --> 04:26:36,720
what actually occurs when you grow, you
7943
04:26:36,720 --> 04:26:38,960
stretch past your point of comfort. So
7944
04:26:38,960 --> 04:26:40,239
even if you're growing a muscle, like
7945
04:26:40,239 --> 04:26:41,680
you stretch it, you break it down, it's
7946
04:26:41,680 --> 04:26:44,080
painful. If you have growing pains, like
7947
04:26:44,080 --> 04:26:45,920
as a kid, it's like you grew too fast
7948
04:26:45,920 --> 04:26:47,920
and your joints are in a lot of pain. If
7949
04:26:47,920 --> 04:26:50,479
you're a company and you expand, this is
7950
04:26:50,479 --> 04:26:51,840
technically supposed to be good stuff,
7951
04:26:51,840 --> 04:26:53,920
but it doesn't make it any less painful.
7952
04:26:53,920 --> 04:26:56,239
Elite athletes don't get stronger during
7953
04:26:56,239 --> 04:26:59,680
easy workouts. If we want progress, we
7954
04:26:59,680 --> 04:27:02,159
must accept the price of pain that's
7955
04:27:02,159 --> 04:27:04,159
attached to it. You cannot both want
7956
04:27:04,159 --> 04:27:06,319
progress and live an easy life. These
7957
04:27:06,319 --> 04:27:09,600
two things conflict. Number two, happy
7958
04:27:09,600 --> 04:27:12,000
but not satisfied. So, let me explain
7959
04:27:12,000 --> 04:27:14,880
this. So, you're allowed to be happy
7960
04:27:14,880 --> 04:27:17,120
before you hit your goal, just not
7961
04:27:17,120 --> 04:27:19,040
satisfied. And so, there's a very big
7962
04:27:19,040 --> 04:27:20,479
difference between being content with
7963
04:27:20,479 --> 04:27:22,159
your life, content with your work, and
7964
04:27:22,159 --> 04:27:23,920
complacent, meaning you're not going to
7965
04:27:23,920 --> 04:27:25,359
take any more action. There's this great
7966
04:27:25,359 --> 04:27:27,120
Haitian proverb, which is behind
7967
04:27:27,120 --> 04:27:29,359
mountains are more mountains. It's kind
7968
04:27:29,359 --> 04:27:31,040
of like after every peak, you can just
7969
04:27:31,040 --> 04:27:33,040
see more peaks ahead of you. The work
7970
04:27:33,040 --> 04:27:35,359
works on you more than you work on it.
7971
04:27:35,359 --> 04:27:37,040
For me, I remember I had a year that I
7972
04:27:37,040 --> 04:27:38,399
basically went into retirement trying to
7973
04:27:38,399 --> 04:27:40,560
figure out what I wanted to do. And the
7974
04:27:40,560 --> 04:27:42,319
thesis that I came out with was that
7975
04:27:42,319 --> 04:27:44,399
hard work is the goal. And so, the fact
7976
04:27:44,399 --> 04:27:46,319
that there's something that happens as a
7977
04:27:46,319 --> 04:27:48,159
result of hard work is really just a
7978
04:27:48,159 --> 04:27:50,319
secondary effect. It's a consequence,
7979
04:27:50,319 --> 04:27:52,640
but the goal is the work itself. I, you
7980
04:27:52,640 --> 04:27:54,080
know, I had a friend this morning who
7981
04:27:54,080 --> 04:27:55,040
messaged me. They're like, "Why do you
7982
04:27:55,040 --> 04:27:56,000
still work?" And I was like, "Because
7983
04:27:56,000 --> 04:27:58,000
it's the thing that I enjoy doing most."
7984
04:27:58,000 --> 04:27:59,920
And when I looked back on my life, when
7985
04:27:59,920 --> 04:28:02,640
I didn't work, I was bored and felt
7986
04:28:02,640 --> 04:28:05,120
depressed. And when I do work, I am
7987
04:28:05,120 --> 04:28:07,120
stressed, but I do have moments that I
7988
04:28:07,120 --> 04:28:09,040
really enjoy as well. I took this as a
7989
04:28:09,040 --> 04:28:11,040
kind of a foundational truth for me, not
7990
04:28:11,040 --> 04:28:12,720
for everyone, that there is misery on
7991
04:28:12,720 --> 04:28:14,000
both sides. So, I might as well be
7992
04:28:14,000 --> 04:28:15,520
productive and useful. And the only way
7993
04:28:15,520 --> 04:28:17,840
to be productive and useful is to be
7994
04:28:17,840 --> 04:28:19,760
happy about the process, but not
7995
04:28:19,760 --> 04:28:22,159
satisfied so you can continue to provide
7996
04:28:22,159 --> 04:28:25,359
value to the world. Now, number three,
7997
04:28:25,359 --> 04:28:27,680
ignore critics. Now, this is probably
7998
04:28:27,680 --> 04:28:31,199
easy to say, hard to do. So, let me let
7999
04:28:31,199 --> 04:28:32,720
me break this down a little bit more.
8000
04:28:32,720 --> 04:28:35,040
So, friendly reminder that most people
8001
04:28:35,040 --> 04:28:37,680
are fat, poor pansies. Don't listen to
8002
04:28:37,680 --> 04:28:39,279
them when they try to deter you from
8003
04:28:39,279 --> 04:28:41,520
doing whatever it takes to succeed. So,
8004
04:28:41,520 --> 04:28:43,199
the average person will always try to
8005
04:28:43,199 --> 04:28:45,760
keep you average. It makes sense that if
8006
04:28:45,760 --> 04:28:47,840
you want to be extraordinary, you will
8007
04:28:47,840 --> 04:28:49,439
do things that an ordinary person would
8008
04:28:49,439 --> 04:28:52,880
see as extra, right? And so a lot of
8009
04:28:52,880 --> 04:28:54,159
people, and this is this is the really
8010
04:28:54,159 --> 04:28:55,439
hard part that I had to come to terms
8011
04:28:55,439 --> 04:28:57,199
with, is that a lot of people want to
8012
04:28:57,199 --> 04:28:58,880
see you fail because it justifies the
8013
04:28:58,880 --> 04:29:00,399
risk that they chose not to take. We
8014
04:29:00,399 --> 04:29:01,520
always have to think about listening to
8015
04:29:01,520 --> 04:29:02,880
the people who are closest to our goals,
8016
04:29:02,880 --> 04:29:05,439
not closest to us. And if you want a
8017
04:29:05,439 --> 04:29:07,600
more violent version of this, your
8018
04:29:07,600 --> 04:29:10,800
critics are going to eventually die and
8019
04:29:10,800 --> 04:29:12,880
their opinion isn't going to matter
8020
04:29:12,880 --> 04:29:14,720
then, which means it probably also
8021
04:29:14,720 --> 04:29:17,040
doesn't matter now. So, might as well do
8022
04:29:17,040 --> 04:29:18,960
what you wanted to do originally. Number
8023
04:29:18,960 --> 04:29:23,560
four, selective productivity.
8024
04:29:24,399 --> 04:29:26,159
Productivity comes from all the things
8025
04:29:26,159 --> 04:29:28,159
that you choose not to do. I'm going to
8026
04:29:28,159 --> 04:29:29,279
define two more terms for you because I
8027
04:29:29,279 --> 04:29:31,120
think it's important. I see commitment
8028
04:29:31,120 --> 04:29:33,600
as the elimination of alternatives. So,
8029
04:29:33,600 --> 04:29:35,760
if I get married, then I eliminate all
8030
04:29:35,760 --> 04:29:37,120
alternatives to the person that I'm
8031
04:29:37,120 --> 04:29:39,040
married to. Right? That is commitment,
8032
04:29:39,040 --> 04:29:41,680
right? Which is very similar to focus.
8033
04:29:41,680 --> 04:29:43,120
Focus, if you think of the hypothetical
8034
04:29:43,120 --> 04:29:45,040
extreme of focus, is that somebody does
8035
04:29:45,040 --> 04:29:46,800
literally nothing but one thing. So they
8036
04:29:46,800 --> 04:29:48,080
don't eat, they don't sleep, they would
8037
04:29:48,080 --> 04:29:50,000
eventually die, but they would be 100%
8038
04:29:50,000 --> 04:29:51,279
focused during the time that they were
8039
04:29:51,279 --> 04:29:52,880
alive, right? Obviously, we have to put
8040
04:29:52,880 --> 04:29:54,159
a couple things in. You have to eat
8041
04:29:54,159 --> 04:29:56,000
food, you have to sleep, right? But the
8042
04:29:56,000 --> 04:29:58,159
most focused person does the fewest
8043
04:29:58,159 --> 04:29:59,680
things outside of the thing they're
8044
04:29:59,680 --> 04:30:02,399
focused on. Focus is about the number of
8045
04:30:02,399 --> 04:30:05,439
things that you say no to. Having this
8046
04:30:05,439 --> 04:30:08,000
framework is, in my opinion, more
8047
04:30:08,000 --> 04:30:09,359
powerful for productivity than just
8048
04:30:09,359 --> 04:30:10,880
about anything else. Right? People are
8049
04:30:10,880 --> 04:30:12,000
always trying to figure out like
8050
04:30:12,000 --> 04:30:14,080
productivity hacks, but they want to add
8051
04:30:14,080 --> 04:30:15,520
things to their lives to become more
8052
04:30:15,520 --> 04:30:17,359
productive, which is completely counter
8053
04:30:17,359 --> 04:30:19,520
to what focus even means. It's getting
8054
04:30:19,520 --> 04:30:21,199
rid of everything that's not the thing
8055
04:30:21,199 --> 04:30:23,439
is how you focus. Now, part of that also
8056
04:30:23,439 --> 04:30:25,439
means environmentally, right? So, if you
8057
04:30:25,439 --> 04:30:26,960
like have a window that you look outside
8058
04:30:26,960 --> 04:30:28,399
of and you've got people who walk past
8059
04:30:28,399 --> 04:30:29,840
your office and people can knock on the
8060
04:30:29,840 --> 04:30:31,279
door or you've got slack notifications,
8061
04:30:31,279 --> 04:30:32,479
of course, you're not focused because
8062
04:30:32,479 --> 04:30:34,319
all of those things are not the work.
8063
04:30:34,319 --> 04:30:35,439
So, I'm going to give you an analogy
8064
04:30:35,439 --> 04:30:37,520
here. So, imagine there's a wall that
8065
04:30:37,520 --> 04:30:39,040
you have to get over. All right? In
8066
04:30:39,040 --> 04:30:40,720
order to you have to get a critical mass
8067
04:30:40,720 --> 04:30:43,279
to get above this wall, right? And so
8068
04:30:43,279 --> 04:30:45,040
you start putting up, you know, these
8069
04:30:45,040 --> 04:30:46,880
ladders
8070
04:30:46,880 --> 04:30:48,800
against the wall to try and climb over
8071
04:30:48,800 --> 04:30:50,239
the wall. All right, this should make
8072
04:30:50,239 --> 04:30:53,199
some sense. But as you try to build up
8073
04:30:53,199 --> 04:30:55,199
the the little rungs of the ladder, so
8074
04:30:55,199 --> 04:30:57,359
you put four rungs up. Well, you're not
8075
04:30:57,359 --> 04:30:58,880
going to get the critical mass required
8076
04:30:58,880 --> 04:31:00,560
to get over the hump to actually get the
8077
04:31:00,560 --> 04:31:02,720
success you want. But the idea, the
8078
04:31:02,720 --> 04:31:05,520
fallacy is that, oh, I'll just do all
8079
04:31:05,520 --> 04:31:07,199
three or four of these things and I'll
8080
04:31:07,199 --> 04:31:09,359
see which one works. When the reality is
8081
04:31:09,359 --> 04:31:10,960
that any of them work, but none of them
8082
04:31:10,960 --> 04:31:13,359
will work unless you work on one. And
8083
04:31:13,359 --> 04:31:15,040
so, we have to take these four rungs
8084
04:31:15,040 --> 04:31:16,479
that we're able to build and say, you
8085
04:31:16,479 --> 04:31:17,840
know what, we're not going to do that.
8086
04:31:17,840 --> 04:31:19,120
We're going to put that rung here cuz
8087
04:31:19,120 --> 04:31:20,399
I'm going to take that time that I'm
8088
04:31:20,399 --> 04:31:21,760
putting for my second opportunity, put
8089
04:31:21,760 --> 04:31:23,760
it here. I'm gonna take this rung and
8090
04:31:23,760 --> 04:31:25,439
put it right here. And then I'm gonna
8091
04:31:25,439 --> 04:31:27,680
take this rugg and what do you know? I
8092
04:31:27,680 --> 04:31:30,239
can get over this hump on top and I can
8093
04:31:30,239 --> 04:31:31,600
get to the other side of the wall, which
8094
04:31:31,600 --> 04:31:33,199
of course is where all the money and all
8095
04:31:33,199 --> 04:31:35,199
the happiness and all the, you know, the
8096
04:31:35,199 --> 04:31:37,359
girls uh with, you know, beautiful,
8097
04:31:37,359 --> 04:31:38,800
beautiful hair. Look at this beautiful
8098
04:31:38,800 --> 04:31:40,239
hair, right? This beautiful hair. Now
8099
04:31:40,239 --> 04:31:42,640
she looks like a bug. Anyways, uh hold
8100
04:31:42,640 --> 04:31:46,560
on. There you go.
8101
04:31:46,560 --> 04:31:47,760
What's crazy is that this literally
8102
04:31:47,760 --> 04:31:49,520
happens at all levels of business. Like
8103
04:31:49,520 --> 04:31:50,640
people who are starting out trying to
8104
04:31:50,640 --> 04:31:51,760
start five things, people who are at
8105
04:31:51,760 --> 04:31:53,120
like their second or fifth year. I
8106
04:31:53,120 --> 04:31:55,120
talked to a guy last night who has a
8107
04:31:55,120 --> 04:31:56,159
really good business, really good
8108
04:31:56,159 --> 04:31:58,080
margin, 50% margins, has great revenue
8109
04:31:58,080 --> 04:32:00,319
retention. He was in cyber uh security.
8110
04:32:00,319 --> 04:32:01,920
People stay with him, people pay. He has
8111
04:32:01,920 --> 04:32:03,040
no problem getting customers. He has no
8112
04:32:03,040 --> 04:32:03,920
problem delivering on them. I was like,
8113
04:32:03,920 --> 04:32:05,359
"What's the problem?" He's like, "Me?"
8114
04:32:05,359 --> 04:32:06,960
He said, "I just I get bored." He's
8115
04:32:06,960 --> 04:32:07,840
like, "I just want to start more
8116
04:32:07,840 --> 04:32:09,359
things." And I'm like, "Yeah, you got to
8117
04:32:09,359 --> 04:32:12,239
stop that." Like, it's like the thing is
8118
04:32:12,239 --> 04:32:14,319
is think about how much more successful
8119
04:32:14,319 --> 04:32:16,479
you'd be. So, zoom all the way out.
8120
04:32:16,479 --> 04:32:18,000
Think of somebody who gets better every
8121
04:32:18,000 --> 04:32:21,120
single year and works on the same
8122
04:32:21,120 --> 04:32:23,520
project for 20 years. you'd be like, "My
8123
04:32:23,520 --> 04:32:25,120
god, that guy's probably really [ __ ]
8124
04:32:25,120 --> 04:32:26,880
good." And what's interesting about this
8125
04:32:26,880 --> 04:32:29,040
is that it doesn't matter what project
8126
04:32:29,040 --> 04:32:31,120
the person works on, you do 20 years of
8127
04:32:31,120 --> 04:32:32,560
reps and you do nothing else, you're
8128
04:32:32,560 --> 04:32:35,120
going to be good. And so, if you know
8129
04:32:35,120 --> 04:32:36,880
that that's a that's a fact, that's a
8130
04:32:36,880 --> 04:32:38,159
certainty that you're going to be good
8131
04:32:38,159 --> 04:32:40,239
with 20 years of practice, then the
8132
04:32:40,239 --> 04:32:42,000
objective is to just get 20 years of
8133
04:32:42,000 --> 04:32:44,800
practice in one thing and stick with it.
8134
04:32:44,800 --> 04:32:46,800
So, like, your plans aren't working
8135
04:32:46,800 --> 04:32:48,479
because the plans are wrong. The plans
8136
04:32:48,479 --> 04:32:49,359
aren't working because you're not
8137
04:32:49,359 --> 04:32:51,840
working on the plan. The hard part about
8138
04:32:51,840 --> 04:32:54,159
the plan is not creating the plan or
8139
04:32:54,159 --> 04:32:56,000
even following the plan. It's sticking
8140
04:32:56,000 --> 04:32:58,720
with the plan. That's the hard part. All
8141
04:32:58,720 --> 04:33:02,159
right. Number five, fear
8142
04:33:02,159 --> 04:33:04,959
versus regret. So change is scary, but
8143
04:33:04,959 --> 04:33:07,039
so is regret. And so the life you live
8144
04:33:07,039 --> 04:33:09,520
depends on the one you fear most. The
8145
04:33:09,520 --> 04:33:11,680
more successful version of yourself also
8146
04:33:11,680 --> 04:33:14,719
has fear. It's just that your fear of
8147
04:33:14,719 --> 04:33:17,279
regret is greater than your fear of
8148
04:33:17,279 --> 04:33:18,719
rejection. Think about that for a
8149
04:33:18,719 --> 04:33:19,520
second. I'm going to say it one more
8150
04:33:19,520 --> 04:33:22,480
time. Your fear of regret must
8151
04:33:22,480 --> 04:33:24,719
supersede, must be bigger, must be
8152
04:33:24,719 --> 04:33:27,279
greater than your fear of rejection. And
8153
04:33:27,279 --> 04:33:28,719
so I remember when I when I when I quit
8154
04:33:28,719 --> 04:33:30,240
my management consulting job, which took
8155
04:33:30,240 --> 04:33:31,439
me six months, so I'm not saying this
8156
04:33:31,439 --> 04:33:33,600
from a pedestal. It took me 6 months of
8157
04:33:33,600 --> 04:33:35,840
I decided I wanted to quit. It took me 6
8158
04:33:35,840 --> 04:33:37,439
months before I actually quit. By the
8159
04:33:37,439 --> 04:33:38,719
way, you can measure how powerful
8160
04:33:38,719 --> 04:33:40,639
someone is by the distance between when
8161
04:33:40,639 --> 04:33:42,400
they make a decision and when it happens
8162
04:33:42,400 --> 04:33:44,240
in reality. So if you want to feel
8163
04:33:44,240 --> 04:33:46,240
impotent, then take as long as you
8164
04:33:46,240 --> 04:33:47,520
possibly can between when you make a
8165
04:33:47,520 --> 04:33:48,799
decision and when you act on that
8166
04:33:48,799 --> 04:33:50,799
decision. Now, for me, it was 6 months.
8167
04:33:50,799 --> 04:33:52,320
And all I did was I called my friends up
8168
04:33:52,320 --> 04:33:53,039
every night. I was like, I'm going to
8169
04:33:53,039 --> 04:33:54,000
quit my job. I'm going to start a
8170
04:33:54,000 --> 04:33:55,520
business. And I, you know, we talk every
8171
04:33:55,520 --> 04:33:56,879
night, literally every night. And I
8172
04:33:56,879 --> 04:33:58,480
would be pacing in my condo like, I'm
8173
04:33:58,480 --> 04:33:59,359
going to do it. I'm going to do it. And
8174
04:33:59,359 --> 04:34:01,199
I wouldn't do it. I was too afraid. I
8175
04:34:01,199 --> 04:34:02,879
was too much of a scaredy-cat. But the
8176
04:34:02,879 --> 04:34:04,240
thing that got me over the hump was
8177
04:34:04,240 --> 04:34:07,439
this. Number one, I knew that when I
8178
04:34:07,439 --> 04:34:10,719
looked back on my life, if I never took
8179
04:34:10,719 --> 04:34:12,639
the jump, I would have been ashamed of
8180
04:34:12,639 --> 04:34:14,320
myself. And I would have felt like I was
8181
04:34:14,320 --> 04:34:15,840
a pansy. And I was like, I can't die a
8182
04:34:15,840 --> 04:34:18,240
pansy. I have to be able to make a jump.
8183
04:34:18,240 --> 04:34:20,561
Number two, I played out plan B, which
8184
04:34:20,561 --> 04:34:22,160
is, okay, let's say I actually
8185
04:34:22,160 --> 04:34:23,840
completely fail. What happens? I was
8186
04:34:23,840 --> 04:34:26,240
like, well, I'm not really going to be
8187
04:34:26,240 --> 04:34:27,760
homeless. I know enough people that I
8188
04:34:27,760 --> 04:34:30,000
can get food, right? I was like, okay,
8189
04:34:30,000 --> 04:34:31,680
so I would probably just couch surf. I'd
8190
04:34:31,680 --> 04:34:32,959
have a little bit of shame, but at the
8191
04:34:32,959 --> 04:34:34,160
end of the day, what would I really do?
8192
04:34:34,160 --> 04:34:35,439
Well, I could always apply to get the
8193
04:34:35,439 --> 04:34:37,680
job that I had back or I could just go
8194
04:34:37,680 --> 04:34:40,480
to another place with an experience or a
8195
04:34:40,480 --> 04:34:42,000
story that would set me up for something
8196
04:34:42,000 --> 04:34:44,000
cooler later. And so all of a sudden I
8197
04:34:44,000 --> 04:34:45,600
was like, "Wait, so my plan B is that I
8198
04:34:45,600 --> 04:34:47,279
just have a cool experience that I could
8199
04:34:47,279 --> 04:34:48,879
talk about at a job interview or to go
8200
04:34:48,879 --> 04:34:50,719
to business school." Okay, that's that
8201
04:34:50,719 --> 04:34:52,480
doesn't actually sound that bad. And so
8202
04:34:52,480 --> 04:34:54,719
there's this huge amorphous fear, but
8203
04:34:54,719 --> 04:34:56,480
I've just noticed in my life that fear
8204
04:34:56,480 --> 04:34:58,561
only exists in the vague. It doesn't
8205
04:34:58,561 --> 04:35:00,240
exist in the specific. If you're afraid
8206
04:35:00,240 --> 04:35:02,160
of something, try and break it into
8207
04:35:02,160 --> 04:35:03,760
pieces and spell it out. Play out the
8208
04:35:03,760 --> 04:35:05,439
next two or three steps because all of a
8209
04:35:05,439 --> 04:35:06,799
sudden, if you're in the developed
8210
04:35:06,799 --> 04:35:10,480
Western world, the downside risk is not
8211
04:35:10,480 --> 04:35:13,439
really real. Like the only real downside
8212
04:35:13,439 --> 04:35:15,520
risk is the opinions of other people who
8213
04:35:15,520 --> 04:35:17,119
will say that you failed who you don't
8214
04:35:17,119 --> 04:35:19,680
care about anyways. But like you think
8215
04:35:19,680 --> 04:35:21,920
you're going to die, but you're not.
8216
04:35:21,920 --> 04:35:23,359
You're just going to learn some stuff
8217
04:35:23,359 --> 04:35:24,639
and you'll be like, "Oh, maybe next time
8218
04:35:24,639 --> 04:35:26,000
I'm not going to make that mistake." And
8219
04:35:26,000 --> 04:35:27,840
that's it. And I say this and it's easy
8220
04:35:27,840 --> 04:35:29,279
for me to say, but it took me 6 months
8221
04:35:29,279 --> 04:35:31,039
to figure this out. But I do remember my
8222
04:35:31,039 --> 04:35:33,039
final straw was the realization that I
8223
04:35:33,039 --> 04:35:36,561
had at the time no girlfriend, no kids,
8224
04:35:36,561 --> 04:35:38,320
and I had no real, you know, financial
8225
04:35:38,320 --> 04:35:40,400
responsibilities besides like eating and
8226
04:35:40,400 --> 04:35:43,520
having a place to live. I said, if I
8227
04:35:43,520 --> 04:35:45,760
can't make the decision now because it
8228
04:35:45,760 --> 04:35:47,920
feels too risky, I will never be able to
8229
04:35:47,920 --> 04:35:49,680
make the decision because if other
8230
04:35:49,680 --> 04:35:51,039
people rely on me, now some of you are
8231
04:35:51,039 --> 04:35:52,561
in a position where people do rely on
8232
04:35:52,561 --> 04:35:54,400
you and you're like, "Well, Alex, you
8233
04:35:54,400 --> 04:35:56,400
know, I've got people who rely on me."
8234
04:35:56,400 --> 04:35:58,400
Yeah, I would say that it makes it
8235
04:35:58,400 --> 04:36:02,639
harder and what now? Harder and so what?
8236
04:36:02,639 --> 04:36:03,840
But for me, that was the thing that got
8237
04:36:03,840 --> 04:36:05,840
me over the hump was like, if I don't do
8238
04:36:05,840 --> 04:36:07,520
it now, I'm never going to do it. I'm
8239
04:36:07,520 --> 04:36:08,480
never going to have fewer
8240
04:36:08,480 --> 04:36:10,000
responsibilities.
8241
04:36:10,000 --> 04:36:11,760
And to to play this out a little bit
8242
04:36:11,760 --> 04:36:13,520
more, if you have people who depend on
8243
04:36:13,520 --> 04:36:15,039
you, their dependencies on you might
8244
04:36:15,039 --> 04:36:16,320
increase. And so, if you can't do it
8245
04:36:16,320 --> 04:36:19,119
now, you still might as well do it,
8246
04:36:19,119 --> 04:36:20,320
right? Because it's only going to go one
8247
04:36:20,320 --> 04:36:23,920
way. Number six, persistence
8248
04:36:23,920 --> 04:36:27,680
creates timing.
8249
04:36:27,760 --> 04:36:30,400
So you can time everything perfectly if
8250
04:36:30,400 --> 04:36:32,561
your intention is to never stop. I'm
8251
04:36:32,561 --> 04:36:34,879
going to say this one more time. You can
8252
04:36:34,879 --> 04:36:36,959
time everything perfectly if your
8253
04:36:36,959 --> 04:36:38,561
intention is to never stop. So think
8254
04:36:38,561 --> 04:36:40,160
about this visually. So let's imagine
8255
04:36:40,160 --> 04:36:42,879
that this line right here is is the is
8256
04:36:42,879 --> 04:36:45,039
your lifeline. It's life as time passes.
8257
04:36:45,039 --> 04:36:47,359
Right? Now
8258
04:36:47,359 --> 04:36:48,799
let's say that you have some special
8259
04:36:48,799 --> 04:36:50,400
thing that's going to happen here and
8260
04:36:50,400 --> 04:36:51,760
some special opportunity that happens
8261
04:36:51,760 --> 04:36:53,279
here and some special opportunity that
8262
04:36:53,279 --> 04:36:55,359
happens here. What most people try and
8263
04:36:55,359 --> 04:36:56,799
do is they don't want to take they don't
8264
04:36:56,799 --> 04:36:58,480
want to work at all and then they're
8265
04:36:58,480 --> 04:36:59,840
like, "Oh, I'm just going to work here
8266
04:36:59,840 --> 04:37:01,520
and then I'm going to work here and then
8267
04:37:01,520 --> 04:37:03,279
I'm going to work here." But the
8268
04:37:03,279 --> 04:37:04,799
likelihood that you're there in these
8269
04:37:04,799 --> 04:37:06,719
three moments is very low if you're
8270
04:37:06,719 --> 04:37:08,959
trying to time it. But if you work the
8271
04:37:08,959 --> 04:37:11,359
whole time, then the timing will always
8272
04:37:11,359 --> 04:37:13,199
be perfect because you will be ready.
8273
04:37:13,199 --> 04:37:14,879
And so perfect timing is a complete
8274
04:37:14,879 --> 04:37:17,039
myth, but perfect preparation isn't. And
8275
04:37:17,039 --> 04:37:18,719
that on a long enough time horizon, your
8276
04:37:18,719 --> 04:37:20,639
opportunity will come. People think that
8277
04:37:20,639 --> 04:37:22,000
they need perfect conditions to start
8278
04:37:22,000 --> 04:37:24,080
when in reality starting is the perfect
8279
04:37:24,080 --> 04:37:25,600
condition. It creates the perfect
8280
04:37:25,600 --> 04:37:27,520
condition for opportunity to be
8281
04:37:27,520 --> 04:37:29,119
capitalized on. And I can tell you this
8282
04:37:29,119 --> 04:37:30,959
from firsthand experience with me like
8283
04:37:30,959 --> 04:37:33,680
the more you do, the more you see you
8284
04:37:33,680 --> 04:37:37,039
can do. And so opportunities multiply
8285
04:37:37,039 --> 04:37:40,000
with skill. And so the better you get at
8286
04:37:40,000 --> 04:37:41,920
doing stuff, the more things you know
8287
04:37:41,920 --> 04:37:44,639
you would be able to do and win at. And
8288
04:37:44,639 --> 04:37:46,719
so the goal is to gain as many skills as
8289
04:37:46,719 --> 04:37:48,799
possible so that you have access to the
8290
04:37:48,799 --> 04:37:50,160
maximum number of potential
8291
04:37:50,160 --> 04:37:51,600
opportunities. A lot of people were
8292
04:37:51,600 --> 04:37:52,799
thinking that, oh, I'm going to wait for
8293
04:37:52,799 --> 04:37:54,400
the right moment. But when you have
8294
04:37:54,400 --> 04:37:56,639
unlimited skills, like Elon can go do
8295
04:37:56,639 --> 04:37:58,879
whatever he wants. He could build a city
8296
04:37:58,879 --> 04:38:00,561
in the middle of the ocean. And so he
8297
04:38:00,561 --> 04:38:03,119
could do that. He has the skills because
8298
04:38:03,119 --> 04:38:05,119
the world of opportunities open to him.
8299
04:38:05,119 --> 04:38:07,039
He also spent all of his younger years
8300
04:38:07,039 --> 04:38:08,240
just developing all these different
8301
04:38:08,240 --> 04:38:10,080
skills, becoming a polymath across all
8302
04:38:10,080 --> 04:38:11,119
these different things, independent,
8303
04:38:11,119 --> 04:38:12,799
political stuff. Put it away. The point
8304
04:38:12,799 --> 04:38:14,639
is the guy is good. All right. And so
8305
04:38:14,639 --> 04:38:16,719
the goal is to get good and then you
8306
04:38:16,719 --> 04:38:17,680
will never have a shortage of
8307
04:38:17,680 --> 04:38:22,160
opportunities. Number seven, envy
8308
04:38:22,160 --> 04:38:24,879
versus effort. All right. Let me break
8309
04:38:24,879 --> 04:38:27,039
this down. If people worked for their
8310
04:38:27,039 --> 04:38:30,000
goals as hard as they envy others for
8311
04:38:30,000 --> 04:38:31,760
achieving them, they would already have
8312
04:38:31,760 --> 04:38:34,000
achieved them themselves. So think about
8313
04:38:34,000 --> 04:38:35,600
the amount of mental effort that goes
8314
04:38:35,600 --> 04:38:37,520
into the hate that people spew out, the
8315
04:38:37,520 --> 04:38:39,840
envy for wanting other people's stuff.
8316
04:38:39,840 --> 04:38:41,279
I'll give you a couple hard truths about
8317
04:38:41,279 --> 04:38:43,359
this. Number one, no one is doing as
8318
04:38:43,359 --> 04:38:45,039
well as you think they are. So, by
8319
04:38:45,039 --> 04:38:46,639
comparison, you're actually better off
8320
04:38:46,639 --> 04:38:48,799
than you think. Number two, you don't
8321
04:38:48,799 --> 04:38:51,119
win by beating people. You win by
8322
04:38:51,119 --> 04:38:52,799
growing into your potential and then
8323
04:38:52,799 --> 04:38:54,879
allowing them to shrink into irrelevance
8324
04:38:54,879 --> 04:38:58,240
by consequence. Three, and guess what?
8325
04:38:58,240 --> 04:39:00,240
Your biggest threat is not your
8326
04:39:00,240 --> 04:39:03,359
competition. It's a mediocre version of
8327
04:39:03,359 --> 04:39:05,439
you that never realized what you could
8328
04:39:05,439 --> 04:39:08,480
become. And as pathy as that may sound,
8329
04:39:08,480 --> 04:39:10,480
it's also true, right? A lot of people
8330
04:39:10,480 --> 04:39:12,080
think it's like ah, you know, that guy's
8331
04:39:12,080 --> 04:39:13,840
doing really well. It's like his doing
8332
04:39:13,840 --> 04:39:17,039
well changes nothing about your reality.
8333
04:39:17,039 --> 04:39:18,799
Something really ironic that I noticed
8334
04:39:18,799 --> 04:39:21,199
is that the people who get copied the
8335
04:39:21,199 --> 04:39:23,039
most by their competition are the people
8336
04:39:23,039 --> 04:39:24,879
who ignore the competition who are
8337
04:39:24,879 --> 04:39:27,680
copying them. Fundamentally, you start
8338
04:39:27,680 --> 04:39:29,840
by focusing on the customer and if you
8339
04:39:29,840 --> 04:39:31,359
always put the customer first, everyone
8340
04:39:31,359 --> 04:39:32,799
will copy you because you're actually
8341
04:39:32,799 --> 04:39:34,080
doing the thing that will work, which is
8342
04:39:34,080 --> 04:39:35,439
focusing on the customer. And there's a
8343
04:39:35,439 --> 04:39:36,959
lot of weird things in life like that
8344
04:39:36,959 --> 04:39:38,878
where like it's the opposite is what you
8345
04:39:38,878 --> 04:39:40,080
what you'd think like oh I'm going to
8346
04:39:40,080 --> 04:39:41,200
look at what everyone else is. It's like
8347
04:39:41,200 --> 04:39:43,600
no just do what matters most and then
8348
04:39:43,600 --> 04:39:45,280
people who don't know how to think will
8349
04:39:45,280 --> 04:39:47,120
just copy you. Real threat is that no
8350
04:39:47,120 --> 04:39:48,638
one copies you at all because you're
8351
04:39:48,638 --> 04:39:50,160
doing nothing. If you take all this
8352
04:39:50,160 --> 04:39:52,080
effort that you look that you put into
8353
04:39:52,080 --> 04:39:53,600
comparing yourself to other people that
8354
04:39:53,600 --> 04:39:55,360
you look to kind of like tearing them
8355
04:39:55,360 --> 04:39:56,638
down sometimes even in your mind. Let's
8356
04:39:56,638 --> 04:39:57,680
be real. Maybe you don't say it to other
8357
04:39:57,680 --> 04:40:00,560
people, but in your mind you're like me
8358
04:40:00,560 --> 04:40:01,920
that whatever that is, whatever that
8359
04:40:01,920 --> 04:40:05,360
feeling is that just do that towards you
8360
04:40:05,360 --> 04:40:07,280
not being good enough. What happens is
8361
04:40:07,280 --> 04:40:08,798
that when you do that, all of that
8362
04:40:08,798 --> 04:40:10,560
effort, all that energy goes into
8363
04:40:10,560 --> 04:40:11,760
improving yourself rather than tearing
8364
04:40:11,760 --> 04:40:13,040
down somebody else. And only one of
8365
04:40:13,040 --> 04:40:14,878
those things will help you. Number
8366
04:40:14,878 --> 04:40:16,958
eight, hard conversations create
8367
04:40:16,958 --> 04:40:19,200
opportunities. Hard truth, everything
8368
04:40:19,200 --> 04:40:21,360
you want is on the other side of a few
8369
04:40:21,360 --> 04:40:22,958
hard conversations that you have been
8370
04:40:22,958 --> 04:40:24,638
putting off. People either grow into
8371
04:40:24,638 --> 04:40:26,080
their potential or they keep living the
8372
04:40:26,080 --> 04:40:27,840
same six months of their life over and
8373
04:40:27,840 --> 04:40:29,760
over again. And the difference is how
8374
04:40:29,760 --> 04:40:31,280
many hard conversations you're willing
8375
04:40:31,280 --> 04:40:33,520
to have and how fast you have them once
8376
04:40:33,520 --> 04:40:35,520
you realize you need to. If you sherk
8377
04:40:35,520 --> 04:40:36,638
away from this, and I get it. I'm
8378
04:40:36,638 --> 04:40:38,320
somebody who like it for a very long
8379
04:40:38,320 --> 04:40:39,440
time had a hard time having hard
8380
04:40:39,440 --> 04:40:40,958
conversations, right? Like I literally
8381
04:40:40,958 --> 04:40:42,240
traveled across the country before I
8382
04:40:42,240 --> 04:40:43,920
told my dad that I left. All right? Like
8383
04:40:43,920 --> 04:40:46,878
I get it. So if you think having
8384
04:40:46,878 --> 04:40:48,638
uncomfortable conversations is hard,
8385
04:40:48,638 --> 04:40:50,480
just wait until you see the result of
8386
04:40:50,480 --> 04:40:52,958
not having them. It will be harder.
8387
04:40:52,958 --> 04:40:54,798
Basically, the the struggle is that you
8388
04:40:54,798 --> 04:40:56,718
have short-term pain versus long-term
8389
04:40:56,718 --> 04:40:59,680
pain. And long-term pain, I call regret.
8390
04:40:59,680 --> 04:41:03,680
Comfort is short gain. Regret is long
8391
04:41:03,680 --> 04:41:08,000
pain. Fear is short pain. Fulfillment is
8392
04:41:08,000 --> 04:41:11,200
long gain. You want to trade short pains
8393
04:41:11,200 --> 04:41:14,400
for long gains, not short gains for long
8394
04:41:14,400 --> 04:41:17,600
pains. It's not the safe bet. It's a
8395
04:41:17,600 --> 04:41:20,560
guaranteed loss just later. All right.
8396
04:41:20,560 --> 04:41:21,680
So, I'm going to I'm going to spell this
8397
04:41:21,680 --> 04:41:26,718
out. This is short pain.
8398
04:41:26,718 --> 04:41:30,560
This is long pain.
8399
04:41:30,560 --> 04:41:33,120
This is short
8400
04:41:33,120 --> 04:41:34,958
gain.
8401
04:41:34,958 --> 04:41:36,958
This is long
8402
04:41:36,958 --> 04:41:39,760
gain.
8403
04:41:39,760 --> 04:41:43,120
You want to trade short pain for long
8404
04:41:43,120 --> 04:41:45,920
gain.
8405
04:41:45,920 --> 04:41:48,400
That's the goal. It's the best trade.
8406
04:41:48,400 --> 04:41:51,440
Number nine, endure. There's a reason
8407
04:41:51,440 --> 04:41:53,040
that when I gave instructions to some of
8408
04:41:53,040 --> 04:41:54,878
the new business owners who were going
8409
04:41:54,878 --> 04:41:56,320
to start, you know, putting a community
8410
04:41:56,320 --> 04:41:58,400
on school, one of the sole instructions
8411
04:41:58,400 --> 04:42:01,520
I gave them was learn to endure. And so,
8412
04:42:01,520 --> 04:42:02,958
the fastest way to become the person you
8413
04:42:02,958 --> 04:42:04,480
want to be is to put yourself in a
8414
04:42:04,480 --> 04:42:05,760
situation where you have no choice but
8415
04:42:05,760 --> 04:42:07,360
to become them. You'd be amazed at what
8416
04:42:07,360 --> 04:42:09,120
you can endure when you have no choice.
8417
04:42:09,120 --> 04:42:12,160
For me, when I signed my lease for my
8418
04:42:12,160 --> 04:42:15,760
gym, I had $5,000 in my bank account.
8419
04:42:15,760 --> 04:42:18,560
The rent was $5,000. I had never really
8420
04:42:18,560 --> 04:42:20,878
made money before. And so I was like,
8421
04:42:20,878 --> 04:42:23,840
"Oh, wow. How does this work? If I made
8422
04:42:23,840 --> 04:42:25,440
100% of the money that I had made in my
8423
04:42:25,440 --> 04:42:27,120
job, I would have been able to pay rent
8424
04:42:27,120 --> 04:42:29,920
and have no food or anything else." But
8425
04:42:29,920 --> 04:42:31,680
one of my favorite flavor texts on Magic
8426
04:42:31,680 --> 04:42:33,360
cards is necessity is the mother of
8427
04:42:33,360 --> 04:42:35,440
invention, right? It's the constraints
8428
04:42:35,440 --> 04:42:38,878
that create the innovation that is
8429
04:42:38,878 --> 04:42:40,160
required to get you out of the
8430
04:42:40,160 --> 04:42:41,760
constraint, to get you out of the hard
8431
04:42:41,760 --> 04:42:43,920
time. And so when I think back on like
8432
04:42:43,920 --> 04:42:45,600
human history, sometimes we think that
8433
04:42:45,600 --> 04:42:46,400
things that were going through our
8434
04:42:46,400 --> 04:42:47,760
heart, but they're certainly much easier
8435
04:42:47,760 --> 04:42:49,120
than the things that other humans have
8436
04:42:49,120 --> 04:42:51,520
endured. And how did they endure them?
8437
04:42:51,520 --> 04:42:53,040
Well, when the only choice they had was
8438
04:42:53,040 --> 04:42:55,120
die or endure, you tend to endure.
8439
04:42:55,120 --> 04:42:57,920
Number 10, results. Excuses. This is not
8440
04:42:57,920 --> 04:42:59,600
going to be a big surprise here. The
8441
04:42:59,600 --> 04:43:01,760
thing with excuses that's interesting is
8442
04:43:01,760 --> 04:43:03,840
that they may be valid. And I think
8443
04:43:03,840 --> 04:43:04,958
that's the part that people struggle
8444
04:43:04,958 --> 04:43:07,680
with is that they're like, "Yeah,
8445
04:43:07,680 --> 04:43:09,760
obviously results matter more excuses,
8446
04:43:09,760 --> 04:43:12,080
but insert special snowflake." The thing
8447
04:43:12,080 --> 04:43:15,680
is is that like you might be right. And
8448
04:43:15,680 --> 04:43:17,520
I just like this quote from Ila. She
8449
04:43:17,520 --> 04:43:19,520
says, "It's not your fault, but it is
8450
04:43:19,520 --> 04:43:21,840
still your problem. You still have to do
8451
04:43:21,840 --> 04:43:23,440
something about it. Or you can just wait
8452
04:43:23,440 --> 04:43:25,760
and say, you know what? I'm going to
8453
04:43:25,760 --> 04:43:27,360
continue to not live the life that I
8454
04:43:27,360 --> 04:43:29,920
want until I die." And everyone will be
8455
04:43:29,920 --> 04:43:33,360
like, "Oh yeah, he had an excuse. That's
8456
04:43:33,360 --> 04:43:35,920
why."
8457
04:43:35,920 --> 04:43:37,920
Right? Is that what like is that what
8458
04:43:37,920 --> 04:43:39,520
you really want? is that people were
8459
04:43:39,520 --> 04:43:43,280
like, "Yeah, he had an excuse."
8460
04:43:43,280 --> 04:43:45,760
Like that's it. Like you like like it's
8461
04:43:45,760 --> 04:43:48,798
a weird thing to want a permission slip
8462
04:43:48,798 --> 04:43:51,200
for mediocrity, which is fundamentally
8463
04:43:51,200 --> 04:43:53,120
what excuses are. You just want
8464
04:43:53,120 --> 04:43:54,718
permission from everyone else to still
8465
04:43:54,718 --> 04:43:58,560
get respect without the outcome
8466
04:43:58,560 --> 04:44:00,320
because of your extenduating
8467
04:44:00,320 --> 04:44:02,798
circumstances. And the thing is is
8468
04:44:02,798 --> 04:44:04,160
there's a ton of lure, but the only
8469
04:44:04,160 --> 04:44:05,520
person who actually believes that is
8470
04:44:05,520 --> 04:44:07,600
you. People might not along. People who
8471
04:44:07,600 --> 04:44:09,040
love you might say, "Yeah, you know
8472
04:44:09,040 --> 04:44:10,480
what? You are special. You are a special
8473
04:44:10,480 --> 04:44:11,920
snowflake. Your mama might still love
8474
04:44:11,920 --> 04:44:13,920
you." But like, you're not going to earn
8475
04:44:13,920 --> 04:44:16,320
anyone's respect. And I think you
8476
04:44:16,320 --> 04:44:17,600
certainly won't earn the respect of the
8477
04:44:17,600 --> 04:44:20,080
person that matters most, which is you
8478
04:44:20,080 --> 04:44:21,760
cuz you'll always know that you could
8479
04:44:21,760 --> 04:44:22,878
have done more, that you could have done
8480
04:44:22,878 --> 04:44:25,440
better. That's the one that keeps me up.
8481
04:44:25,440 --> 04:44:27,360
I have a saying that I tell myself a lot
8482
04:44:27,360 --> 04:44:28,638
when I'm doing something that I don't
8483
04:44:28,638 --> 04:44:31,360
want to do, and it's I will do what is
8484
04:44:31,360 --> 04:44:33,120
required. It's not about doing your
8485
04:44:33,120 --> 04:44:34,638
best. It's about doing what's required
8486
04:44:34,638 --> 04:44:36,080
because what's required might be better
8487
04:44:36,080 --> 04:44:37,360
than your best is right now. But the
8488
04:44:37,360 --> 04:44:38,878
good news is that your best can get
8489
04:44:38,878 --> 04:44:41,040
better. So number 11, and this is this
8490
04:44:41,040 --> 04:44:44,400
one's real. All right. The hard way is
8491
04:44:44,400 --> 04:44:46,718
the easy way. You're like, "How does
8492
04:44:46,718 --> 04:44:49,360
that work?" The hard way is the easy way
8493
04:44:49,360 --> 04:44:52,878
because the easy way
8494
04:44:52,878 --> 04:44:54,878
never gets you there. So think about it.
8495
04:44:54,878 --> 04:44:56,400
People always are looking for the
8496
04:44:56,400 --> 04:44:58,320
shortcut, but you have to accept a very
8497
04:44:58,320 --> 04:45:00,320
simple truth, which is that the shortcut
8498
04:45:00,320 --> 04:45:01,920
never actually takes you to the place
8499
04:45:01,920 --> 04:45:03,440
that you're trying to go. And it's
8500
04:45:03,440 --> 04:45:06,480
because it's rarely one big thing. And I
8501
04:45:06,480 --> 04:45:10,000
would postulate, fancy word, right? That
8502
04:45:10,000 --> 04:45:11,840
there are a lot of shortcuts that exist
8503
04:45:11,840 --> 04:45:14,240
in life. Wait for it. Wait for it. And
8504
04:45:14,240 --> 04:45:15,680
everyone already uses those. And so
8505
04:45:15,680 --> 04:45:18,400
whenever an actual shortcut gets found,
8506
04:45:18,400 --> 04:45:20,320
all humans immediately do it and it no
8507
04:45:20,320 --> 04:45:22,160
longer becomes a shortcut. It's just a
8508
04:45:22,160 --> 04:45:23,680
thing that everyone does and it's not
8509
04:45:23,680 --> 04:45:25,040
really a thing anymore. Like we learned
8510
04:45:25,040 --> 04:45:26,560
how to tie knots. That was a big
8511
04:45:26,560 --> 04:45:27,840
breakthrough. And then everyone ties
8512
04:45:27,840 --> 04:45:28,878
their shoes and they're like, "Oh my
8513
04:45:28,878 --> 04:45:30,240
god, let me show you the shortcut to
8514
04:45:30,240 --> 04:45:31,280
this." It's like, "Oh, you tie." Like,
8515
04:45:31,280 --> 04:45:32,638
"Oh my god, everyone does it." and it's
8516
04:45:32,638 --> 04:45:34,798
like not a thing anymore, right? And so
8517
04:45:34,798 --> 04:45:36,240
all the things that you want to have
8518
04:45:36,240 --> 04:45:37,760
that most people don't have don't have
8519
04:45:37,760 --> 04:45:39,600
shortcuts. But thing is is so many
8520
04:45:39,600 --> 04:45:40,798
people waste so much time. They
8521
04:45:40,798 --> 04:45:42,718
literally waste longer than it would
8522
04:45:42,718 --> 04:45:45,120
have taken the hard way or the only way
8523
04:45:45,120 --> 04:45:47,760
to get there in search of the easy way
8524
04:45:47,760 --> 04:45:50,000
that doesn't exist. And so the reality
8525
04:45:50,000 --> 04:45:52,320
of this is that it's usually a hundred
8526
04:45:52,320 --> 04:45:55,280
small things that make days, weeks, and
8527
04:45:55,280 --> 04:45:57,280
months hard. It's the neverending
8528
04:45:57,280 --> 04:45:59,920
onslaught of [ __ ] And then you remember
8529
04:45:59,920 --> 04:46:01,360
after going through that onslaught of
8530
04:46:01,360 --> 04:46:03,680
[ __ ] that you signed up for this, but
8531
04:46:03,680 --> 04:46:05,280
then again, you figured that it would be
8532
04:46:05,280 --> 04:46:07,280
hard. And then you're reminded that this
8533
04:46:07,280 --> 04:46:09,760
is what hard feels like. And so you keep
8534
04:46:09,760 --> 04:46:11,520
going because it's the only choice you
8535
04:46:11,520 --> 04:46:13,760
have. I want to remind you that a lot of
8536
04:46:13,760 --> 04:46:16,400
times what we imagine hard to be is
8537
04:46:16,400 --> 04:46:18,878
different than how we experience hard
8538
04:46:18,878 --> 04:46:21,600
because the nature of hard changes, too.
8539
04:46:21,600 --> 04:46:23,440
And it's more of a limitation in how we
8540
04:46:23,440 --> 04:46:26,160
describe hardship than it is. And I
8541
04:46:26,160 --> 04:46:27,120
actually think there's a big problem
8542
04:46:27,120 --> 04:46:28,958
with this. So, just kind of like Eskimos
8543
04:46:28,958 --> 04:46:30,240
have like seven different words for
8544
04:46:30,240 --> 04:46:32,798
snow. I feel like I should have like 25
8545
04:46:32,798 --> 04:46:35,440
different words for hard, right? Like
8546
04:46:35,440 --> 04:46:36,638
the amount of things that you go
8547
04:46:36,638 --> 04:46:38,480
through. There's like lifestyle hard
8548
04:46:38,480 --> 04:46:40,560
like, okay, so there's sacrifice hard of
8549
04:46:40,560 --> 04:46:41,760
like you're giving up things that you
8550
04:46:41,760 --> 04:46:44,000
enjoy. There's also like effort hard of
8551
04:46:44,000 --> 04:46:45,520
like starting to do things that you hate
8552
04:46:45,520 --> 04:46:47,040
doing that you're not good at. There's
8553
04:46:47,040 --> 04:46:48,958
risk hard of the the fact that you could
8554
04:46:48,958 --> 04:46:50,560
lose something that you currently have,
8555
04:46:50,560 --> 04:46:52,000
right? That you have the chance of
8556
04:46:52,000 --> 04:46:53,520
losing what you currently have. You have
8557
04:46:53,520 --> 04:46:55,200
the uncertainty heart of the fact that
8558
04:46:55,200 --> 04:46:57,200
you might be doing all of the sacrifice
8559
04:46:57,200 --> 04:46:59,200
for nothing. There's lots of different
8560
04:46:59,200 --> 04:47:00,958
flavors of heart and each one of them
8561
04:47:00,958 --> 04:47:02,560
presents at different times and for some
8562
04:47:02,560 --> 04:47:04,718
reason when it gets a new kind of heart,
8563
04:47:04,718 --> 04:47:06,958
it's a new seventh type of snowflake
8564
04:47:06,958 --> 04:47:08,718
heart, then you're like, "Oh, this is
8565
04:47:08,718 --> 04:47:10,718
different." But it's not. It's just that
8566
04:47:10,718 --> 04:47:12,718
the thing that you grow comfortable
8567
04:47:12,718 --> 04:47:15,280
with, then you conquer and then you're
8568
04:47:15,280 --> 04:47:17,360
exposed to a new level. And so, I love
8569
04:47:17,360 --> 04:47:19,360
this quote from Paul Graham. He said,
8570
04:47:19,360 --> 04:47:21,440
"If you want to make a million dollars,
8571
04:47:21,440 --> 04:47:22,958
you have to endure a million dollars
8572
04:47:22,958 --> 04:47:24,958
worth of pain." Fundamentally, in my
8573
04:47:24,958 --> 04:47:26,638
opinion, the people who who who end up
8574
04:47:26,638 --> 04:47:28,320
building building, not inheriting,
8575
04:47:28,320 --> 04:47:31,120
building tremendous wealth just have
8576
04:47:31,120 --> 04:47:33,360
massive concentrations of pain. So,
8577
04:47:33,360 --> 04:47:34,718
don't go looking for the easy way
8578
04:47:34,718 --> 04:47:36,560
because it will never get you there.
8579
04:47:36,560 --> 04:47:39,760
Number 12, don't, this is a big one,
8580
04:47:39,760 --> 04:47:42,160
don't give away your power. Now, this
8581
04:47:42,160 --> 04:47:43,680
sounds very like, you know, girl power
8582
04:47:43,680 --> 04:47:46,320
or a little uh little like rahrh, but I
8583
04:47:46,320 --> 04:47:47,520
will I will break this down in a little
8584
04:47:47,520 --> 04:47:51,600
bit less rahrh way. So, what offends you
8585
04:47:51,600 --> 04:47:54,080
controls you. Whatever you point your
8586
04:47:54,080 --> 04:47:56,320
finger of blame towards is what also you
8587
04:47:56,320 --> 04:47:58,958
point your power towards. Meaning, we
8588
04:47:58,958 --> 04:48:01,440
talked about excuses earlier. I can't do
8589
04:48:01,440 --> 04:48:04,080
it because insert X. Insert X is the
8590
04:48:04,080 --> 04:48:05,840
thing that has power over your life. And
8591
04:48:05,840 --> 04:48:07,440
I remember when I realized this was that
8592
04:48:07,440 --> 04:48:09,920
I had this belief that I would never be
8593
04:48:09,920 --> 04:48:11,120
able to be in a long-term committed
8594
04:48:11,120 --> 04:48:13,680
relationship because my mother had hurt
8595
04:48:13,680 --> 04:48:15,600
me as a child. I didn't get enough hugs.
8596
04:48:15,600 --> 04:48:17,840
Who gives a [ __ ] Whatever. But I
8597
04:48:17,840 --> 04:48:21,520
realized that by using that excuse and
8598
04:48:21,520 --> 04:48:24,240
by saying it's her fault I'm broken.
8599
04:48:24,240 --> 04:48:26,000
It's her fault I can't trust people.
8600
04:48:26,000 --> 04:48:28,480
It's her fault I can't love anybody. By
8601
04:48:28,480 --> 04:48:30,798
by saying that over and over again, all
8602
04:48:30,798 --> 04:48:34,320
I did was I said, "My mother controls
8603
04:48:34,320 --> 04:48:39,360
how my love life will go." Oo, heavy
8604
04:48:39,360 --> 04:48:41,600
real. Well, I don't want her to have
8605
04:48:41,600 --> 04:48:44,080
control over how I choose to love or not
8606
04:48:44,080 --> 04:48:46,160
love or how how content I get in a
8607
04:48:46,160 --> 04:48:48,000
relationship or anything like that. So,
8608
04:48:48,000 --> 04:48:50,560
I actively had to say, "Maybe all these
8609
04:48:50,560 --> 04:48:52,240
things happened. Maybe they didn't.
8610
04:48:52,240 --> 04:48:55,360
Also, who cares? Me. I care. I'm the one
8611
04:48:55,360 --> 04:48:56,638
who's affected by this." And what's
8612
04:48:56,638 --> 04:48:57,920
crazy about this, it's kind of a weird
8613
04:48:57,920 --> 04:49:00,160
thing with like parents is that you
8614
04:49:00,160 --> 04:49:03,200
think by hurting yourself, you get back
8615
04:49:03,200 --> 04:49:05,440
at them for hurting you. And you do hurt
8616
04:49:05,440 --> 04:49:07,680
them when you hurt yourself, but you
8617
04:49:07,680 --> 04:49:10,320
hurt you more at some point. And this is
8618
04:49:10,320 --> 04:49:13,040
like this is like super real.
8619
04:49:13,040 --> 04:49:15,840
Let's say that you were parented tough,
8620
04:49:15,840 --> 04:49:17,440
whatever that means for you. You had
8621
04:49:17,440 --> 04:49:19,120
lots of bad things happen, okay? And it
8622
04:49:19,120 --> 04:49:20,160
was probably because you were a child
8623
04:49:20,160 --> 04:49:21,280
trying to deal with the world without
8624
04:49:21,280 --> 04:49:22,560
the skills of dealing with the world as
8625
04:49:22,560 --> 04:49:25,040
an adult. But you have these things
8626
04:49:25,040 --> 04:49:28,560
happen, right? And on some level, you
8627
04:49:28,560 --> 04:49:30,240
might believe that you becoming
8628
04:49:30,240 --> 04:49:32,560
successful, you making it work,
8629
04:49:32,560 --> 04:49:34,798
validates the way that you were
8630
04:49:34,798 --> 04:49:37,520
parented. And so you have this conflict
8631
04:49:37,520 --> 04:49:38,718
where you're like, well, I don't want
8632
04:49:38,718 --> 04:49:40,000
them to think that they did a good job
8633
04:49:40,000 --> 04:49:42,878
by me being successful.
8634
04:49:42,878 --> 04:49:45,200
And so then you want to keep not being
8635
04:49:45,200 --> 04:49:47,440
successful to prove to them and to hurt
8636
04:49:47,440 --> 04:49:51,240
them for hurting you.
8637
04:49:52,160 --> 04:49:54,798
and you stay there as long as you want
8638
04:49:54,798 --> 04:49:57,680
them to control you.
8639
04:49:57,680 --> 04:49:59,120
And so the day that you choose to
8640
04:49:59,120 --> 04:50:01,600
control yourself is the day that you
8641
04:50:01,600 --> 04:50:05,360
choose to divorce your results from the
8642
04:50:05,360 --> 04:50:08,240
very viable reasons that you have to not
8643
04:50:08,240 --> 04:50:10,638
win.
8644
04:50:10,638 --> 04:50:13,600
You are right. And so what? Number 13,
8645
04:50:13,600 --> 04:50:18,160
rejection versus regret. At some point,
8646
04:50:18,160 --> 04:50:19,840
everyone needs to choose whether they'd
8647
04:50:19,840 --> 04:50:21,840
rather risk rejection now or guarantee
8648
04:50:21,840 --> 04:50:23,680
regret later. And so, losers fear
8649
04:50:23,680 --> 04:50:26,320
rejection, winners fear regret. And most
8650
04:50:26,320 --> 04:50:29,120
attempts fail of anything. Failure is
8651
04:50:29,120 --> 04:50:31,120
literally a prerequisite for success.
8652
04:50:31,120 --> 04:50:33,520
And one of the one of my favorite quotes
8653
04:50:33,520 --> 04:50:37,840
of mine is greatness rejects all
8654
04:50:37,840 --> 04:50:39,760
first-time applicants. And so, it's kind
8655
04:50:39,760 --> 04:50:41,520
of like that person that just is like,
8656
04:50:41,520 --> 04:50:43,040
"Oh, I can't get a job." And you're
8657
04:50:43,040 --> 04:50:43,920
like, "What have you done?" They're
8658
04:50:43,920 --> 04:50:45,200
like, "Well, I applied somewhere." And
8659
04:50:45,200 --> 04:50:46,958
you're like, "What do you mean?" They're
8660
04:50:46,958 --> 04:50:48,638
like, "I applied somewhere." And you're
8661
04:50:48,638 --> 04:50:50,080
like, "And?" And and they're like,
8662
04:50:50,080 --> 04:50:52,000
"Yeah." And I and I didn't I didn't get
8663
04:50:52,000 --> 04:50:53,040
the job. They didn't even call me. And
8664
04:50:53,040 --> 04:50:55,600
you're like, "You went to one place?"
8665
04:50:55,600 --> 04:50:56,400
And you're like, and they're like,
8666
04:50:56,400 --> 04:50:57,840
"Yeah." This is going to be a really
8667
04:50:57,840 --> 04:50:59,120
good analogy for somebody who's
8668
04:50:59,120 --> 04:51:00,560
listening to this only for people who
8669
04:51:00,560 --> 04:51:02,320
don't have a business yet. A lot of
8670
04:51:02,320 --> 04:51:04,560
starting a business is the number of
8671
04:51:04,560 --> 04:51:06,638
reachouts that you had to do in order to
8672
04:51:06,638 --> 04:51:08,718
get the path, the job, the career that
8673
04:51:08,718 --> 04:51:11,280
you want right now. So, think about the
8674
04:51:11,280 --> 04:51:13,120
amount of interviews. Think about the
8675
04:51:13,120 --> 04:51:14,480
amount of outreach. Think about the
8676
04:51:14,480 --> 04:51:15,680
amount of job ads. Think about the
8677
04:51:15,680 --> 04:51:17,040
amount of resumes that you sent out.
8678
04:51:17,040 --> 04:51:19,840
Think about all of that. And all of that
8679
04:51:19,840 --> 04:51:21,680
work got you what I would consider one
8680
04:51:21,680 --> 04:51:23,360
sale. You got one person to say yes to
8681
04:51:23,360 --> 04:51:24,638
you and they would give you money for
8682
04:51:24,638 --> 04:51:26,240
work. All right? Now, obviously within
8683
04:51:26,240 --> 04:51:27,520
the context of an employee relationship,
8684
04:51:27,520 --> 04:51:28,718
but fundamentally actually works the
8685
04:51:28,718 --> 04:51:31,280
same way. All you do in a business is
8686
04:51:31,280 --> 04:51:33,440
the same thing. If you can handle that
8687
04:51:33,440 --> 04:51:35,680
level of rejection, then you can handle
8688
04:51:35,680 --> 04:51:36,958
the same level of rejection in a
8689
04:51:36,958 --> 04:51:38,000
business. It's not actually that
8690
04:51:38,000 --> 04:51:39,440
different. The question is whether you
8691
04:51:39,440 --> 04:51:41,120
can handle that level of regret years
8692
04:51:41,120 --> 04:51:43,040
later for not doing it. And I'll say
8693
04:51:43,040 --> 04:51:44,400
this, one of the things that I've
8694
04:51:44,400 --> 04:51:45,600
noticed between champions and everyone
8695
04:51:45,600 --> 04:51:48,480
else is that people everyone else is so
8696
04:51:48,480 --> 04:51:50,160
excited when they win. They're so
8697
04:51:50,160 --> 04:51:52,080
excited, you know, by the idea of them
8698
04:51:52,080 --> 04:51:53,680
getting first place. But there's a
8699
04:51:53,680 --> 04:51:55,120
reason that they never get first place.
8700
04:51:55,120 --> 04:51:57,040
It's because they're excited about it.
8701
04:51:57,040 --> 04:51:58,480
The people who always and very
8702
04:51:58,480 --> 04:52:00,000
consistently hit first place and win the
8703
04:52:00,000 --> 04:52:02,638
championships are relieved because they
8704
04:52:02,638 --> 04:52:04,160
tend to hate losing more than they love
8705
04:52:04,160 --> 04:52:05,920
winning.
8706
04:52:05,920 --> 04:52:07,760
and they expected to win because of the
8707
04:52:07,760 --> 04:52:08,878
level of preparation they had compared
8708
04:52:08,878 --> 04:52:10,958
to everyone else.
8709
04:52:10,958 --> 04:52:13,680
Which brings me very magically to number
8710
04:52:13,680 --> 04:52:16,798
14. Consistency beats talent. So listen
8711
04:52:16,798 --> 04:52:19,120
to this. You can beat most people at
8712
04:52:19,120 --> 04:52:21,200
anything if you just stick with it for a
8713
04:52:21,200 --> 04:52:23,440
year. You can become competent at just
8714
04:52:23,440 --> 04:52:25,680
about any skill in 20 hours. It's just
8715
04:52:25,680 --> 04:52:27,600
that people will wait 10 years to get
8716
04:52:27,600 --> 04:52:29,760
the first 20 hours logged, right? Like
8717
04:52:29,760 --> 04:52:30,878
if you want to learn how to play the
8718
04:52:30,878 --> 04:52:32,160
first few notes of a guitar, you can
8719
04:52:32,160 --> 04:52:34,798
learn in about 20 hours. Now, are you
8720
04:52:34,798 --> 04:52:37,040
gonna be Jimmyi Hendricks? Which Jenzie,
8721
04:52:37,040 --> 04:52:38,560
who's a guitarist, Purple Haze, you can
8722
04:52:38,560 --> 04:52:40,240
look it up. Anyways, the point is is
8723
04:52:40,240 --> 04:52:42,560
that people have this huge delay before
8724
04:52:42,560 --> 04:52:45,760
they begin. And what make things hard
8725
04:52:45,760 --> 04:52:49,120
isn't complexity, it's consistency. And
8726
04:52:49,120 --> 04:52:51,120
so, as boring as it is, you just have to
8727
04:52:51,120 --> 04:52:52,798
keep doing it before you get anything
8728
04:52:52,798 --> 04:52:55,440
back. So, one of my favorite quotes from
8729
04:52:55,440 --> 04:52:58,000
myself is the world belongs to those who
8730
04:52:58,000 --> 04:52:59,600
can keep doing without seeing the result
8731
04:52:59,600 --> 04:53:02,718
of their doing. You have to delay how
8732
04:53:02,718 --> 04:53:05,280
quick you get a reward, how fast you
8733
04:53:05,280 --> 04:53:06,878
need a cookie in order to keep going.
8734
04:53:06,878 --> 04:53:08,878
I've been told that I'm decent at
8735
04:53:08,878 --> 04:53:10,958
presenting and talking on stage in front
8736
04:53:10,958 --> 04:53:14,400
of people. And what a lot of people
8737
04:53:14,400 --> 04:53:18,320
don't see is that for years I spoke with
8738
04:53:18,320 --> 04:53:19,920
a microphone in front of a group of
8739
04:53:19,920 --> 04:53:22,320
people and I did it like multiple times
8740
04:53:22,320 --> 04:53:24,718
a day and I did that in the form of a
8741
04:53:24,718 --> 04:53:27,600
fitness session. And so I had to
8742
04:53:27,600 --> 04:53:29,600
literally stand on a box and shout
8743
04:53:29,600 --> 04:53:30,958
around and tell people what they had to
8744
04:53:30,958 --> 04:53:34,400
do. And I had to do that for years. And
8745
04:53:34,400 --> 04:53:36,638
I remember when I had to get on stage
8746
04:53:36,638 --> 04:53:40,000
for the first time and I had in high
8747
04:53:40,000 --> 04:53:41,920
school been very nervous to public
8748
04:53:41,920 --> 04:53:44,320
speak. And as I was about to get up on
8749
04:53:44,320 --> 04:53:46,240
stage, I was like, why am I not nervous
8750
04:53:46,240 --> 04:53:47,840
about this? Like this is weird. Like I
8751
04:53:47,840 --> 04:53:49,040
should I was like, I should be nervous.
8752
04:53:49,040 --> 04:53:50,718
Like why am I not nervous? And I was
8753
04:53:50,718 --> 04:53:53,760
like, I've I've done this so many times.
8754
04:53:53,760 --> 04:53:56,798
Like so many times. And I'm not talking
8755
04:53:56,798 --> 04:53:59,520
about, you know, Civil War history and
8756
04:53:59,520 --> 04:54:02,080
Abraham Lincoln. I'm talking about stuff
8757
04:54:02,080 --> 04:54:05,760
I know. Outwork your self-doubt through
8758
04:54:05,760 --> 04:54:09,120
repetition, not affirmations.
8759
04:54:09,120 --> 04:54:11,200
You don't do it through belief. You do
8760
04:54:11,200 --> 04:54:14,718
it through stimuli habituation, which is
8761
04:54:14,718 --> 04:54:16,798
just fancy words for saying you expose
8762
04:54:16,798 --> 04:54:18,638
yourself to the bad things so many times
8763
04:54:18,638 --> 04:54:20,000
they get used to and it's no longer a
8764
04:54:20,000 --> 04:54:22,080
bad thing anymore. It's just life. If
8765
04:54:22,080 --> 04:54:23,680
you want to get over a fear, the way
8766
04:54:23,680 --> 04:54:25,120
they do it is habituation. So, if I
8767
04:54:25,120 --> 04:54:26,560
wanted to get over, you know, being
8768
04:54:26,560 --> 04:54:27,600
afraid of spiders. I'm not afraid of
8769
04:54:27,600 --> 04:54:28,638
spiders, but some people are afraid of
8770
04:54:28,638 --> 04:54:30,160
spiders, right? If you want to get over
8771
04:54:30,160 --> 04:54:31,920
that fear, you literally lock yourself
8772
04:54:31,920 --> 04:54:34,240
in a room with a bunch of spiders and
8773
04:54:34,240 --> 04:54:36,000
all you do is you just have panic attack
8774
04:54:36,000 --> 04:54:37,360
after a panic attack and you pass out
8775
04:54:37,360 --> 04:54:38,638
and you wake up again. The tires are
8776
04:54:38,638 --> 04:54:40,080
there. You pass out. You keep doing
8777
04:54:40,080 --> 04:54:41,520
eventually eventually your nervous
8778
04:54:41,520 --> 04:54:44,560
system adjusts and 5 hours later, 8
8779
04:54:44,560 --> 04:54:47,360
hours later, you walk out of the room
8780
04:54:47,360 --> 04:54:50,160
unafraid because you have habituated.
8781
04:54:50,160 --> 04:54:52,400
And so, the point of practice for all of
8782
04:54:52,400 --> 04:54:54,718
these things is to habituate. as fast as
8783
04:54:54,718 --> 04:54:56,160
you can. And so we're trying to
8784
04:54:56,160 --> 04:54:57,440
microwave that period of time. And the
8785
04:54:57,440 --> 04:54:58,798
thing is, let's say it takes let's say
8786
04:54:58,798 --> 04:55:00,560
it takes this many reps. You can have
8787
04:55:00,560 --> 04:55:02,560
this many reps take you a year or you
8788
04:55:02,560 --> 04:55:03,920
can have it take you a month, depending
8789
04:55:03,920 --> 04:55:05,920
on how dedicated you are to it. Number
8790
04:55:05,920 --> 04:55:10,798
15, have no shame. All right. Now, I
8791
04:55:10,798 --> 04:55:14,480
have told this before, but my plan B was
8792
04:55:14,480 --> 04:55:16,080
that I would drive Uber and strip. Now,
8793
04:55:16,080 --> 04:55:17,360
I think part of that was because I
8794
04:55:17,360 --> 04:55:19,360
wanted to, you know, thumb my whatever
8795
04:55:19,360 --> 04:55:20,878
the the Shakespearean saying, I bite my
8796
04:55:20,878 --> 04:55:22,878
thumb at you. uh to bite my thumb at my
8797
04:55:22,878 --> 04:55:25,120
my very respectable parents uh and say
8798
04:55:25,120 --> 04:55:26,480
like I would take off my clothes for
8799
04:55:26,480 --> 04:55:27,680
money. Now, of course, they would be
8800
04:55:27,680 --> 04:55:29,120
horrified by that, but I think part of
8801
04:55:29,120 --> 04:55:30,638
the reason I was okay with it was I was
8802
04:55:30,638 --> 04:55:32,638
like, I'm gonna I'm going to do it my
8803
04:55:32,638 --> 04:55:34,878
way. I want to be crystal clear here. If
8804
04:55:34,878 --> 04:55:36,718
you have no money and you want to make
8805
04:55:36,718 --> 04:55:40,160
money, you should have no shame. Knock,
8806
04:55:40,160 --> 04:55:42,160
call, email, text, DM, ask.
8807
04:55:42,160 --> 04:55:44,718
Life-changing doors do not open
8808
04:55:44,718 --> 04:55:46,718
themselves. And sometimes I feel like
8809
04:55:46,718 --> 04:55:48,560
shame was invented by people who have to
8810
04:55:48,560 --> 04:55:50,638
prevent people who have not from taking
8811
04:55:50,638 --> 04:55:53,200
action because all of this is just an
8812
04:55:53,200 --> 04:55:56,240
illusion. What are you ashamed of?
8813
04:55:56,240 --> 04:55:58,958
Trying. Like let's play it out. Remember
8814
04:55:58,958 --> 04:56:00,958
I said fear only happens in the abstract
8815
04:56:00,958 --> 04:56:03,680
not in the specific. So if you reach out
8816
04:56:03,680 --> 04:56:06,798
to a stranger no matter what happens you
8817
04:56:06,798 --> 04:56:08,400
always come out better than before
8818
04:56:08,400 --> 04:56:10,320
because you either have a sale or you
8819
04:56:10,320 --> 04:56:12,320
have an experience.
8820
04:56:12,320 --> 04:56:15,360
Both make you better. And so the crazy
8821
04:56:15,360 --> 04:56:17,280
thing about trying is that it has an
8822
04:56:17,280 --> 04:56:19,920
asymmetric riskreward return. So worst
8823
04:56:19,920 --> 04:56:21,360
case is you get a no and you learn from
8824
04:56:21,360 --> 04:56:22,718
it. You get better. Life gives you
8825
04:56:22,718 --> 04:56:25,120
unlimited shots while you're alive. And
8826
04:56:25,120 --> 04:56:26,718
so if you have nothing, like you you're
8827
04:56:26,718 --> 04:56:28,000
just basically cashing in lottery
8828
04:56:28,000 --> 04:56:29,360
tickets and saying, "Oh my god, I lost.
8829
04:56:29,360 --> 04:56:30,958
But what you're paying with is time."
8830
04:56:30,958 --> 04:56:32,798
Fine. Pay more time. Get more tickets.
8831
04:56:32,798 --> 04:56:34,000
Keep scratching. So do you know the
8832
04:56:34,000 --> 04:56:36,718
difference between shame and guilt?
8833
04:56:36,718 --> 04:56:40,320
Guilt is when you break your own rules.
8834
04:56:40,320 --> 04:56:42,240
Shame is when you break other people's
8835
04:56:42,240 --> 04:56:44,400
rules.
8836
04:56:44,400 --> 04:56:49,440
So if you are gay and you're in a
8837
04:56:49,440 --> 04:56:51,440
religious community, you would probably
8838
04:56:51,440 --> 04:56:54,160
feel shame. If you also share that
8839
04:56:54,160 --> 04:56:56,000
religious community's rule set, you
8840
04:56:56,000 --> 04:56:58,798
would also feel guilt. If, let's say,
8841
04:56:58,798 --> 04:57:01,040
you were in a very liberal progressive
8842
04:57:01,040 --> 04:57:03,280
environment, you might feel neither
8843
04:57:03,280 --> 04:57:06,480
shame nor guilt. And so the question is,
8844
04:57:06,480 --> 04:57:09,520
whose rules are you following? If you
8845
04:57:09,520 --> 04:57:12,160
have this feeling, this fear of being
8846
04:57:12,160 --> 04:57:14,878
ashamed, then the question is, who's the
8847
04:57:14,878 --> 04:57:16,320
one who wrote the rules that you're
8848
04:57:16,320 --> 04:57:18,798
choosing to follow,
8849
04:57:18,798 --> 04:57:20,400
and I can promise you it's not the
8850
04:57:20,400 --> 04:57:22,400
people who are successful because
8851
04:57:22,400 --> 04:57:23,440
they're the ones shouting on the
8852
04:57:23,440 --> 04:57:25,680
rooftops telling you that it's totally
8853
04:57:25,680 --> 04:57:28,080
different once you get in the pool. It's
8854
04:57:28,080 --> 04:57:28,958
very different. And it's kind of like
8855
04:57:28,958 --> 04:57:30,240
you have the lights of the world turn on
8856
04:57:30,240 --> 04:57:32,798
and like you're living in this mirage
8857
04:57:32,798 --> 04:57:34,958
when you're not succeeding where there's
8858
04:57:34,958 --> 04:57:37,680
all this all this uncertainty. There's
8859
04:57:37,680 --> 04:57:40,638
all this ambiguity. There's this fog of
8860
04:57:40,638 --> 04:57:43,120
the unknown in front of you. But as soon
8861
04:57:43,120 --> 04:57:44,560
as you start taking action, things
8862
04:57:44,560 --> 04:57:46,160
become very crystal clear. I think
8863
04:57:46,160 --> 04:57:47,600
there's there's I'm sure some stoic
8864
04:57:47,600 --> 04:57:49,200
analogy that said this, but basically
8865
04:57:49,200 --> 04:57:50,718
like if you've ever walked through very
8866
04:57:50,718 --> 04:57:52,878
dense fog, you can only see a couple
8867
04:57:52,878 --> 04:57:54,560
steps in front of you. The only thing
8868
04:57:54,560 --> 04:57:57,360
that you can do in fog is just start
8869
04:57:57,360 --> 04:58:00,320
walking. And as you walk, more steps
8870
04:58:00,320 --> 04:58:02,638
become available to you. And so there's
8871
04:58:02,638 --> 04:58:04,480
this misconception that you're going to
8872
04:58:04,480 --> 04:58:06,320
be able to see the entire path ahead of
8873
04:58:06,320 --> 04:58:08,160
you. But it has two fundamental
8874
04:58:08,160 --> 04:58:10,480
fallacies in front of it. Number one is
8875
04:58:10,480 --> 04:58:12,718
that you have the right vision to be
8876
04:58:12,718 --> 04:58:14,638
able to see that far with your current
8877
04:58:14,638 --> 04:58:16,878
skill set and resources, which you don't
8878
04:58:16,878 --> 04:58:19,520
because imagine today all of your
8879
04:58:19,520 --> 04:58:20,638
conditions change. If you had more
8880
04:58:20,638 --> 04:58:22,400
skills, which is hard to imagine cuz you
8881
04:58:22,400 --> 04:58:23,920
can't imagine what it's like to have the
8882
04:58:23,920 --> 04:58:25,600
skill, but maybe let's say you have
8883
04:58:25,600 --> 04:58:27,040
resources that you didn't have before.
8884
04:58:27,040 --> 04:58:28,400
Well, that would probably change the way
8885
04:58:28,400 --> 04:58:30,480
you play the game. So, trying to play
8886
04:58:30,480 --> 04:58:33,120
out and try and play 17 steps in advance
8887
04:58:33,120 --> 04:58:35,520
when the game itself is going to change
8888
04:58:35,520 --> 04:58:37,840
and you as a player are going to change.
8889
04:58:37,840 --> 04:58:40,798
The only thing that you can boil all of
8890
04:58:40,798 --> 04:58:44,320
this down to is to take the steps that
8891
04:58:44,320 --> 04:58:46,718
you can see in front of you one at a
8892
04:58:46,718 --> 04:58:48,718
time. And I would write this down of
8893
04:58:48,718 --> 04:58:51,280
like what are the things that are
8894
04:58:51,280 --> 04:58:53,600
stopping me? And more specifically,
8895
04:58:53,600 --> 04:58:56,240
whose voice do I hear? Whose voice or
8896
04:58:56,240 --> 04:58:58,320
judgment am I afraid of? Because usually
8897
04:58:58,320 --> 04:59:00,320
it's people. It's society is what we
8898
04:59:00,320 --> 04:59:03,520
say, but it's usually like two people.
8899
04:59:03,520 --> 04:59:04,958
And I remember when I had this big
8900
04:59:04,958 --> 04:59:06,320
decision that I had to make when I was
8901
04:59:06,320 --> 04:59:08,798
considering selling gym lunch. I thought
8902
04:59:08,798 --> 04:59:11,200
that $46 million was not a lot of money
8903
04:59:11,200 --> 04:59:12,560
for the business. Now, some of you may
8904
04:59:12,560 --> 04:59:13,520
hear this and be like, "Oh my god,
8905
04:59:13,520 --> 04:59:14,878
that's amazing." But believe it or not,
8906
04:59:14,878 --> 04:59:17,280
at before we before COVID happened, uh,
8907
04:59:17,280 --> 04:59:19,600
Gym Launch was valed 150 million. And so
8908
04:59:19,600 --> 04:59:21,760
for me, going from 150 to 50 or, you
8909
04:59:21,760 --> 04:59:24,400
know, 46, it felt small, right? It felt
8910
04:59:24,400 --> 04:59:26,400
like a really small number. And I
8911
04:59:26,400 --> 04:59:28,638
remember there was a particular person,
8912
04:59:28,638 --> 04:59:29,760
we'll call it a friend of me, if you
8913
04:59:29,760 --> 04:59:31,840
will, that I thought would think that
8914
04:59:31,840 --> 04:59:35,040
they were better than me if I sold for
8915
04:59:35,040 --> 04:59:37,200
this small number.
8916
04:59:37,200 --> 04:59:39,600
And when I was able to narrow it down to
8917
04:59:39,600 --> 04:59:41,920
just that one person's voice, I thought
8918
04:59:41,920 --> 04:59:45,040
to myself, am I going to give that
8919
04:59:45,040 --> 04:59:48,080
person power over my entire life? Which
8920
04:59:48,080 --> 04:59:50,160
is literally what it was. I was choosing
8921
04:59:50,160 --> 04:59:51,520
not to make a decision because of
8922
04:59:51,520 --> 04:59:53,520
someone else. That person has complete
8923
04:59:53,520 --> 04:59:55,920
power over me. And I was like, well,
8924
04:59:55,920 --> 04:59:58,638
that's a terrible reason not to do this.
8925
04:59:58,638 --> 05:00:02,240
And the crazier part is that even if
8926
05:00:02,240 --> 05:00:05,120
you're right and that person does say
8927
05:00:05,120 --> 05:00:07,440
that you suck,
8928
05:00:07,440 --> 05:00:10,240
so what? Most people don't want you to
8929
05:00:10,240 --> 05:00:12,320
win. And even if you do win, they will
8930
05:00:12,320 --> 05:00:14,000
try and do a reverse excuse, which is
8931
05:00:14,000 --> 05:00:16,160
called a justification for why you
8932
05:00:16,160 --> 05:00:17,840
should be excused of the respect that
8933
05:00:17,840 --> 05:00:20,560
you should earn for having won. He just
8934
05:00:20,560 --> 05:00:23,680
has good genetics. He has great parents.
8935
05:00:23,680 --> 05:00:26,320
He uh, you know, inherited his wealth.
8936
05:00:26,320 --> 05:00:28,160
He had connect good connections. She was
8937
05:00:28,160 --> 05:00:29,600
born in America. He speaks English. He's
8938
05:00:29,600 --> 05:00:31,840
a man. He's white. He's whatever you
8939
05:00:31,840 --> 05:00:34,840
want.
8940
05:00:36,878 --> 05:00:38,480
But giving the person justifications in
8941
05:00:38,480 --> 05:00:40,480
no way helps you. You might be right.
8942
05:00:40,480 --> 05:00:42,480
And so what? Like it's it's so funny.
8943
05:00:42,480 --> 05:00:44,878
It's like let's say you have some
8944
05:00:44,878 --> 05:00:46,240
advantage, whatever it is, right?
8945
05:00:46,240 --> 05:00:47,520
Whatever whatever advantage you're born
8946
05:00:47,520 --> 05:00:50,480
with, right? You might have one.
8947
05:00:50,480 --> 05:00:51,840
It's kind of the thing same thing as the
8948
05:00:51,840 --> 05:00:53,040
parent thing. It's like, well, I don't
8949
05:00:53,040 --> 05:00:54,480
want to be successful because I don't
8950
05:00:54,480 --> 05:00:56,160
want to prove that I had this advantage.
8951
05:00:56,160 --> 05:00:58,400
It's like, would you prefer to prove
8952
05:00:58,400 --> 05:01:00,240
everyone wrong by saying I had this
8953
05:01:00,240 --> 05:01:02,958
advantage and I also wasted it? I
8954
05:01:02,958 --> 05:01:04,240
remember I'll tell you a story and I
8955
05:01:04,240 --> 05:01:05,360
think it'll probably that'll that'll
8956
05:01:05,360 --> 05:01:07,200
round this off well. So, when I was
8957
05:01:07,200 --> 05:01:08,400
younger, I didn't want to be a doctor,
8958
05:01:08,400 --> 05:01:09,680
but that was pretty much the path that
8959
05:01:09,680 --> 05:01:11,120
was laid out in front of me. And so, my
8960
05:01:11,120 --> 05:01:14,240
father's a successful doctor and I I was
8961
05:01:14,240 --> 05:01:16,160
like, it's it's it's cheating, you know,
8962
05:01:16,160 --> 05:01:18,878
to to, you know, just assume your
8963
05:01:18,878 --> 05:01:20,718
practice and just like immediately have
8964
05:01:20,718 --> 05:01:22,958
a practice that makes a lot of money.
8965
05:01:22,958 --> 05:01:26,560
and he said, "Do you think Shaq
8966
05:01:26,560 --> 05:01:28,560
when he was 7 feet tall was like,"It
8967
05:01:28,560 --> 05:01:29,760
wouldn't be fair for me to play
8968
05:01:29,760 --> 05:01:31,120
basketball. Other people aren't as tall
8969
05:01:31,120 --> 05:01:34,000
as me." And I always remember that. He's
8970
05:01:34,000 --> 05:01:35,600
like, "You play the cards you're dealt.
8971
05:01:35,600 --> 05:01:37,040
These are the cards you have. Play
8972
05:01:37,040 --> 05:01:39,760
them." And I remember thinking that as
8973
05:01:39,760 --> 05:01:41,280
now obviously I didn't decide to be a
8974
05:01:41,280 --> 05:01:43,520
doctor, but the reason that I didn't
8975
05:01:43,520 --> 05:01:44,958
want to do it was because I thought
8976
05:01:44,958 --> 05:01:46,798
other people would say that I would they
8977
05:01:46,798 --> 05:01:49,680
would disqualify away my success as not
8978
05:01:49,680 --> 05:01:51,840
earned by me.
8979
05:01:51,840 --> 05:01:53,040
when the reality is that they're all
8980
05:01:53,040 --> 05:01:54,400
going to disqualify your sex no matter
8981
05:01:54,400 --> 05:01:57,760
what because it makes them feel bad and
8982
05:01:57,760 --> 05:02:00,000
so [ __ ] them. But if you have some
8983
05:02:00,000 --> 05:02:02,160
cards, for the love of God, play them.
8984
05:02:02,160 --> 05:02:04,320
2026 is going to be an interesting year.
8985
05:02:04,320 --> 05:02:06,000
Reports just came out that for Black
8986
05:02:06,000 --> 05:02:08,638
Friday, 95% of purchases were financed.
8987
05:02:08,638 --> 05:02:11,040
67% of them were from people who didn't
8988
05:02:11,040 --> 05:02:12,560
plan on paying it off in the next 30
8989
05:02:12,560 --> 05:02:15,360
days, which is a very negative indicator
8990
05:02:15,360 --> 05:02:17,280
for consumer strength. And everything
8991
05:02:17,280 --> 05:02:18,638
starts with consumers and then it
8992
05:02:18,638 --> 05:02:20,958
bubbles up to B2B. And so if you're a
8993
05:02:20,958 --> 05:02:22,878
business in general, this will affect
8994
05:02:22,878 --> 05:02:24,878
you. And so there's good news and bad
8995
05:02:24,878 --> 05:02:27,600
news. The bad news is businesses that do
8996
05:02:27,600 --> 05:02:29,680
not change the way they behave when the
8997
05:02:29,680 --> 05:02:32,000
environment changes get left behind.
8998
05:02:32,000 --> 05:02:35,120
It's called adapt or die. On the other
8999
05:02:35,120 --> 05:02:38,080
hand, the good news is that when all the
9000
05:02:38,080 --> 05:02:40,080
other lagards and the slow to move
9001
05:02:40,080 --> 05:02:41,840
businesses don't respond, those
9002
05:02:41,840 --> 05:02:43,760
customers still exist. And so some of
9003
05:02:43,760 --> 05:02:45,360
the best companies that you've heard of
9004
05:02:45,360 --> 05:02:47,600
actually grew the most during economic
9005
05:02:47,600 --> 05:02:50,160
downturns because it's a redistribution
9006
05:02:50,160 --> 05:02:52,160
of customers and market share during
9007
05:02:52,160 --> 05:02:54,160
these truncated periods of time. And so
9008
05:02:54,160 --> 05:02:56,718
it's highly likely that in the next 18
9009
05:02:56,718 --> 05:02:59,040
months, 12 months, 6 months even, there
9010
05:02:59,040 --> 05:03:01,600
could be a softening of demand. And so
9011
05:03:01,600 --> 05:03:03,360
if your business is set up so that you
9012
05:03:03,360 --> 05:03:04,958
have more reliable lead genen from
9013
05:03:04,958 --> 05:03:07,200
multiple sources and a team that's in
9014
05:03:07,200 --> 05:03:08,480
place that can actually continue to run
9015
05:03:08,480 --> 05:03:10,080
the business and potentially continue to
9016
05:03:10,080 --> 05:03:12,320
increase your margins because of AI,
9017
05:03:12,320 --> 05:03:14,240
because of automation, then your
9018
05:03:14,240 --> 05:03:16,240
business can be one of the winners. So
9019
05:03:16,240 --> 05:03:17,440
if that's not in place in your business
9020
05:03:17,440 --> 05:03:18,718
and you'd like it to be, I'd love to
9021
05:03:18,718 --> 05:03:20,878
invite you out to two days here in Vegas
9022
05:03:20,878 --> 05:03:22,638
with my team to a scaling workshop where
9023
05:03:22,638 --> 05:03:23,680
we walk you through the things that
9024
05:03:23,680 --> 05:03:25,680
we're doing at acquisition.com and our
9025
05:03:25,680 --> 05:03:26,958
portfolio companies to help them scale
9026
05:03:26,958 --> 05:03:28,798
in 2026. So if that sounds at all
9027
05:03:28,798 --> 05:03:30,480
interesting, click book call. love to
9028
05:03:30,480 --> 05:03:32,080
have you out here. Before I had my $46
9029
05:03:32,080 --> 05:03:34,878
million exit, I went completely broke
9030
05:03:34,878 --> 05:03:37,360
twice. Starting from zero multiple times
9031
05:03:37,360 --> 05:03:39,840
taught me what actually matters. And so,
9032
05:03:39,840 --> 05:03:41,680
here's everything I learned. I hit $100
9033
05:03:41,680 --> 05:03:44,000
million in net worth at age 31, but
9034
05:03:44,000 --> 05:03:46,878
before that, I lost all my money twice.
9035
05:03:46,878 --> 05:03:48,400
And the difference between me losing all
9036
05:03:48,400 --> 05:03:51,280
my money the first two times and now are
9037
05:03:51,280 --> 05:03:54,080
these rules. So, this is no advice for
9038
05:03:54,080 --> 05:03:56,400
making money and keeping it. Number one,
9039
05:03:56,400 --> 05:03:58,638
passive income is a lie. If you think
9040
05:03:58,638 --> 05:04:01,360
about how money is made, you make money
9041
05:04:01,360 --> 05:04:03,600
during time because every minute we're
9042
05:04:03,600 --> 05:04:05,920
alive, a minute passes, time passes, and
9043
05:04:05,920 --> 05:04:08,240
we make money over that time period.
9044
05:04:08,240 --> 05:04:09,760
Which means every single person on
9045
05:04:09,760 --> 05:04:12,400
planet Earth has a dollars per hour that
9046
05:04:12,400 --> 05:04:15,120
they make. And so it's not that passive
9047
05:04:15,120 --> 05:04:17,200
income doesn't exist just as much as
9048
05:04:17,200 --> 05:04:19,520
active income doesn't exist. It's a
9049
05:04:19,520 --> 05:04:23,040
spectrum where it's how active is it or
9050
05:04:23,040 --> 05:04:25,600
how passive is the activity that I'm
9051
05:04:25,600 --> 05:04:27,600
doing relative to the time that I'm
9052
05:04:27,600 --> 05:04:30,160
investing. And so I would eliminate
9053
05:04:30,160 --> 05:04:32,240
active versus passive and simply say
9054
05:04:32,240 --> 05:04:34,400
what is my return on time or how much do
9055
05:04:34,400 --> 05:04:36,400
I make per hour. It's just that most
9056
05:04:36,400 --> 05:04:38,160
people get really scared of that like no
9057
05:04:38,160 --> 05:04:40,320
one should trade their hours for money.
9058
05:04:40,320 --> 05:04:42,320
Everyone trades their hours for money.
9059
05:04:42,320 --> 05:04:43,520
It's just that when they receive the
9060
05:04:43,520 --> 05:04:46,080
money it's just not denoted in hours.
9061
05:04:46,080 --> 05:04:47,840
And so I think there's two downstream
9062
05:04:47,840 --> 05:04:49,040
impacts in terms of changing your
9063
05:04:49,040 --> 05:04:50,400
behavior around this that I had to
9064
05:04:50,400 --> 05:04:53,280
apply. Number one is that I was obsessed
9065
05:04:53,280 --> 05:04:57,040
with trying to find quick, easy, low,
9066
05:04:57,040 --> 05:04:59,120
you know, effort money things. And so I
9067
05:04:59,120 --> 05:05:01,360
ended up spending tons of money on
9068
05:05:01,360 --> 05:05:04,958
things that I was obsessed with, hoping
9069
05:05:04,958 --> 05:05:07,600
would cost me no time to make. And I
9070
05:05:07,600 --> 05:05:10,000
would put not nearly enough time to the
9071
05:05:10,000 --> 05:05:12,480
things I was actively making money with
9072
05:05:12,480 --> 05:05:14,400
and thinking, how could I just make my
9073
05:05:14,400 --> 05:05:17,520
active income significantly higher. And
9074
05:05:17,520 --> 05:05:20,638
I would get obsessed with the idea that
9075
05:05:20,638 --> 05:05:23,360
everything I did actively had to be
9076
05:05:23,360 --> 05:05:25,680
scalable or it wasn't worth it. Because
9077
05:05:25,680 --> 05:05:28,160
if it's not scalable, then why why
9078
05:05:28,160 --> 05:05:29,440
should I bother? I shouldn't trade my
9079
05:05:29,440 --> 05:05:31,760
time for money. But if I looked at what
9080
05:05:31,760 --> 05:05:33,680
I was making over the last year and
9081
05:05:33,680 --> 05:05:35,440
divided it by the amount of money I made
9082
05:05:35,440 --> 05:05:38,798
per hour, this activity was 15 times
9083
05:05:38,798 --> 05:05:40,878
what I was averaging per hour. So I
9084
05:05:40,878 --> 05:05:42,798
should absolutely do as many hours of
9085
05:05:42,798 --> 05:05:45,680
that until all of my hours are that and
9086
05:05:45,680 --> 05:05:47,200
then I should find something else I can
9087
05:05:47,200 --> 05:05:49,280
trade my time for that's even higher.
9088
05:05:49,280 --> 05:05:50,878
And so if you want a very humbling
9089
05:05:50,878 --> 05:05:53,440
experience, look at how much you made
9090
05:05:53,440 --> 05:05:56,400
last year and then divide it by 2,000.
9091
05:05:56,400 --> 05:05:58,400
If you want to know how much you made
9092
05:05:58,400 --> 05:06:01,120
just in a 40-hour work week. Now, if you
9093
05:06:01,120 --> 05:06:02,878
want to look at how much you made per
9094
05:06:02,878 --> 05:06:04,958
actual hour of being alive, you can
9095
05:06:04,958 --> 05:06:07,760
divide it by around 8,000 or just take
9096
05:06:07,760 --> 05:06:09,600
that number and divide it by four. And
9097
05:06:09,600 --> 05:06:11,920
that's actually how much you make per
9098
05:06:11,920 --> 05:06:14,080
hour. And so when you're looking at is
9099
05:06:14,080 --> 05:06:16,320
this worth my time, if it's more than
9100
05:06:16,320 --> 05:06:19,040
that number, it probably is. And so what
9101
05:06:19,040 --> 05:06:20,878
I should have done and what changed for
9102
05:06:20,878 --> 05:06:23,120
me was that I stopped trying to invest
9103
05:06:23,120 --> 05:06:25,600
my money from my active into trying to
9104
05:06:25,600 --> 05:06:28,160
find more passive things and tried to
9105
05:06:28,160 --> 05:06:30,560
say how do I invest my money more into
9106
05:06:30,560 --> 05:06:33,040
my active to multiply my active that I
9107
05:06:33,040 --> 05:06:34,878
know is working. Number two, if you
9108
05:06:34,878 --> 05:06:36,958
can't buy it twice, don't buy it once or
9109
05:06:36,958 --> 05:06:39,200
even buy it three times or four times or
9110
05:06:39,200 --> 05:06:41,600
five times over, don't buy it once. And
9111
05:06:41,600 --> 05:06:43,840
the way that really shifted how I
9112
05:06:43,840 --> 05:06:45,440
started spending money, or rather
9113
05:06:45,440 --> 05:06:47,120
started saving money and not spending
9114
05:06:47,120 --> 05:06:50,080
money, was when I started looking at how
9115
05:06:50,080 --> 05:06:52,480
much time it took me to make the amount
9116
05:06:52,480 --> 05:06:55,440
of money post tax to buy whatever I
9117
05:06:55,440 --> 05:06:57,520
wanted. And I remember this clear as
9118
05:06:57,520 --> 05:06:59,840
day. I was working at Smoothie King as a
9119
05:06:59,840 --> 05:07:02,160
blender tender and I was making 675 an
9120
05:07:02,160 --> 05:07:04,480
hour and I had just gotten a raise from
9121
05:07:04,480 --> 05:07:07,200
625 an hour. Uh I'm dating myself.
9122
05:07:07,200 --> 05:07:10,320
Anyways, and while I was there, the
9123
05:07:10,320 --> 05:07:12,160
co-workers that I had and I would always
9124
05:07:12,160 --> 05:07:13,920
go to lunch next door at Coy, which was
9125
05:07:13,920 --> 05:07:16,718
like a sandwich shop, and it was like 13
9126
05:07:16,718 --> 05:07:19,040
bucks for a sandwich, right? And a drink
9127
05:07:19,040 --> 05:07:20,718
and chips and whatever, right? And so I
9128
05:07:20,718 --> 05:07:22,958
remember looking at my check and my 675
9129
05:07:22,958 --> 05:07:25,040
an hour after taxes and fees was like
9130
05:07:25,040 --> 05:07:27,200
six bucks an hour. And I was like, man,
9131
05:07:27,200 --> 05:07:31,120
I gave up two hours of my six-hour shift
9132
05:07:31,120 --> 05:07:34,240
every shift to go buy lunch. And I was
9133
05:07:34,240 --> 05:07:36,080
like, I'm literally giving a third of my
9134
05:07:36,080 --> 05:07:39,440
earning away for lunch every single day.
9135
05:07:39,440 --> 05:07:41,120
If I knew that I had to work the first
9136
05:07:41,120 --> 05:07:43,040
two hours just to get the sandwich, I
9137
05:07:43,040 --> 05:07:44,560
don't think I'd ever make that trade.
9138
05:07:44,560 --> 05:07:46,480
And yet I was making it every day. And
9139
05:07:46,480 --> 05:07:47,920
then I started thinking I'd go to the
9140
05:07:47,920 --> 05:07:49,680
mall and be like, "Oh, do you want a new
9141
05:07:49,680 --> 05:07:51,200
shirt?" And it was at the Gap and it was
9142
05:07:51,200 --> 05:07:53,360
30 bucks. And I was like, "Okay, well
9143
05:07:53,360 --> 05:07:54,958
shoot, that's a whole shift." And I was
9144
05:07:54,958 --> 05:07:57,120
like, "Would I work a whole shift if
9145
05:07:57,120 --> 05:07:58,958
someone just held up a shirt that I
9146
05:07:58,958 --> 05:08:01,040
didn't need to do it?" And I was like,
9147
05:08:01,040 --> 05:08:03,200
"I don't think I would." And so all of a
9148
05:08:03,200 --> 05:08:04,878
sudden it started shifting how my buying
9149
05:08:04,878 --> 05:08:06,878
happened because I I started feeling the
9150
05:08:06,878 --> 05:08:09,760
pain associated with what it would take
9151
05:08:09,760 --> 05:08:12,400
if I had to do that before getting the
9152
05:08:12,400 --> 05:08:14,480
thing I was going to buy. And it it
9153
05:08:14,480 --> 05:08:16,080
completely changed my buying behavior.
9154
05:08:16,080 --> 05:08:19,120
And to be very clear, saving money won't
9155
05:08:19,120 --> 05:08:22,480
make you money, but saving money allows
9156
05:08:22,480 --> 05:08:24,560
you to have money. And having money
9157
05:08:24,560 --> 05:08:26,480
allows you to look further out. And when
9158
05:08:26,480 --> 05:08:28,000
you look further out, you can take on
9159
05:08:28,000 --> 05:08:30,320
bigger risks, which absolutely will make
9160
05:08:30,320 --> 05:08:31,680
you more money. And when you're looking
9161
05:08:31,680 --> 05:08:32,958
at the price of whatever the thing
9162
05:08:32,958 --> 05:08:34,480
you're trying to buy is, obviously when
9163
05:08:34,480 --> 05:08:36,480
I was a teenager looking at a shirt, I
9164
05:08:36,480 --> 05:08:38,240
was looking at, okay, I'm making six
9165
05:08:38,240 --> 05:08:40,160
bucks an hour. A shirt's 30 bucks. But
9166
05:08:40,160 --> 05:08:41,520
when you're an adult and you're making
9167
05:08:41,520 --> 05:08:43,680
$100 an hour and you're looking at a
9168
05:08:43,680 --> 05:08:46,240
$500 or $1,000 purchase, would you work
9169
05:08:46,240 --> 05:08:49,440
two days in order to do that? I don't
9170
05:08:49,440 --> 05:08:51,840
know. Would I? Probably not. And
9171
05:08:51,840 --> 05:08:53,840
sometimes you think, hey, is uh would I
9172
05:08:53,840 --> 05:08:56,400
work all day for two days to go out with
9173
05:08:56,400 --> 05:08:59,280
the boys for three hours on Saturday? I
9174
05:08:59,280 --> 05:09:01,360
I'd probably be like, "Guys, I'm not
9175
05:09:01,360 --> 05:09:02,798
going to work for two days just to go
9176
05:09:02,798 --> 05:09:04,638
have three hours of fun, right? That
9177
05:09:04,638 --> 05:09:06,638
feel like I'd rather just not work the
9178
05:09:06,638 --> 05:09:08,080
two days." And that was the thing is
9179
05:09:08,080 --> 05:09:09,920
whenever I had the well, I'd rather just
9180
05:09:09,920 --> 05:09:13,040
not work than do that thing, then I was
9181
05:09:13,040 --> 05:09:14,878
like, I shouldn't buy that thing. For
9182
05:09:14,878 --> 05:09:16,798
example, when I was poor, I only spent
9183
05:09:16,798 --> 05:09:19,200
cash. And so, my easiest way of actually
9184
05:09:19,200 --> 05:09:20,480
creating a budget was that I had a
9185
05:09:20,480 --> 05:09:21,920
personal training client who paid me
9186
05:09:21,920 --> 05:09:24,718
$2,000 a month in cash. And so 100% of
9187
05:09:24,718 --> 05:09:25,920
my money that came in through the
9188
05:09:25,920 --> 05:09:27,360
business and credit cards and everything
9189
05:09:27,360 --> 05:09:29,360
else is just what went into my bank
9190
05:09:29,360 --> 05:09:30,958
account. And the only thing I knew I
9191
05:09:30,958 --> 05:09:32,480
could live on was was inside of my
9192
05:09:32,480 --> 05:09:34,240
wallet. And so as that got replenished
9193
05:09:34,240 --> 05:09:35,840
and the thing is is that I'm so scared
9194
05:09:35,840 --> 05:09:38,400
with money or I was so frugal with money
9195
05:09:38,400 --> 05:09:40,718
that I would always make sure that I had
9196
05:09:40,718 --> 05:09:42,240
more than that to make it for the next
9197
05:09:42,240 --> 05:09:43,360
payment because sometimes the guy would
9198
05:09:43,360 --> 05:09:44,878
take a day or two. You pay on Wednesday
9199
05:09:44,878 --> 05:09:46,400
rather than a Monday or whatever. And I
9200
05:09:46,400 --> 05:09:47,280
need to make sure that I have food for
9201
05:09:47,280 --> 05:09:49,280
Chipotle. Three, most people
9202
05:09:49,280 --> 05:09:50,958
overestimate what they can accomplish in
9203
05:09:50,958 --> 05:09:52,560
a year and they underestimate what they
9204
05:09:52,560 --> 05:09:54,718
can accomplish in a decade. And every
9205
05:09:54,718 --> 05:09:57,120
new employee that I have that walks into
9206
05:09:57,120 --> 05:09:59,040
acquisition.com, the number one thing
9207
05:09:59,040 --> 05:10:01,200
that they say they want is growth. And I
9208
05:10:01,200 --> 05:10:02,798
have this talk with them, which is the
9209
05:10:02,798 --> 05:10:04,560
10-year million-dollar contract. But
9210
05:10:04,560 --> 05:10:06,080
it's less about the million dollars and
9211
05:10:06,080 --> 05:10:08,320
more about take whatever your net worth
9212
05:10:08,320 --> 05:10:11,360
is now and add a zero to it or add two
9213
05:10:11,360 --> 05:10:13,680
zeros to it. You can accomplish that in
9214
05:10:13,680 --> 05:10:15,120
a decade. If you look at the biggest
9215
05:10:15,120 --> 05:10:17,280
companies in the entire world who were
9216
05:10:17,280 --> 05:10:19,040
worth multiple billions from their
9217
05:10:19,040 --> 05:10:20,560
inception until the time they were worth
9218
05:10:20,560 --> 05:10:22,798
multiple billions, many times it's under
9219
05:10:22,798 --> 05:10:25,680
10 years, but it's still more than five,
9220
05:10:25,680 --> 05:10:27,520
more than seven. And so you can
9221
05:10:27,520 --> 05:10:30,080
accomplish life-changing crazy amounts
9222
05:10:30,080 --> 05:10:33,200
of wealth in a decade. And so if you
9223
05:10:33,200 --> 05:10:35,360
could write a contract to yourself and
9224
05:10:35,360 --> 05:10:38,000
say, "I will make no money for 10 years,
9225
05:10:38,000 --> 05:10:40,320
but on the 10th year, I will add a zero
9226
05:10:40,320 --> 05:10:43,360
or two zeros or three zeros to my net
9227
05:10:43,360 --> 05:10:46,000
worth. Would you do it?" And if the
9228
05:10:46,000 --> 05:10:47,360
answer is yes, which it almost
9229
05:10:47,360 --> 05:10:48,878
invariably is with every person who
9230
05:10:48,878 --> 05:10:50,400
comes into my business, then I say,
9231
05:10:50,400 --> 05:10:53,760
"Great. Now act like it." And so if you
9232
05:10:53,760 --> 05:10:55,120
knew that you would make this amount of
9233
05:10:55,120 --> 05:10:56,160
money over that period of time, you
9234
05:10:56,160 --> 05:10:57,840
would stop this obsession, myself
9235
05:10:57,840 --> 05:10:59,920
included, this is me giving my advice to
9236
05:10:59,920 --> 05:11:02,560
my myself who lost it twice. When I was
9237
05:11:02,560 --> 05:11:05,840
able to shift to, okay, what would I
9238
05:11:05,840 --> 05:11:06,798
have to do that would make it
9239
05:11:06,798 --> 05:11:09,680
unreasonable that I don't 10x in 10
9240
05:11:09,680 --> 05:11:11,440
years, then all of a sudden I started
9241
05:11:11,440 --> 05:11:13,200
making very reasonable bets that I knew
9242
05:11:13,200 --> 05:11:16,080
would compound unto itself over that
9243
05:11:16,080 --> 05:11:18,400
period of time. And then winning became
9244
05:11:18,400 --> 05:11:21,520
inevitable rather than a game of chance.
9245
05:11:21,520 --> 05:11:24,320
And so oftentimes you have potential
9246
05:11:24,320 --> 05:11:26,958
earning and then actualized earning. And
9247
05:11:26,958 --> 05:11:29,120
usually as you're realizing the
9248
05:11:29,120 --> 05:11:30,718
potential earning you have, you're
9249
05:11:30,718 --> 05:11:33,040
usually losing out on your investing
9250
05:11:33,040 --> 05:11:34,718
into that potential, right? You're
9251
05:11:34,718 --> 05:11:36,480
realizing the potential. And that's kind
9252
05:11:36,480 --> 05:11:38,320
of like the kid that learns one skill
9253
05:11:38,320 --> 05:11:39,680
and then immediately says, "I'm going to
9254
05:11:39,680 --> 05:11:41,120
start a business opportunity around this
9255
05:11:41,120 --> 05:11:43,200
one skill that makes me $5,000 a month."
9256
05:11:43,200 --> 05:11:45,200
or they have this one skill and say,
9257
05:11:45,200 --> 05:11:47,040
"Hey, this this company is willing to
9258
05:11:47,040 --> 05:11:50,320
pay me $100,000 a year to go do this
9259
05:11:50,320 --> 05:11:51,920
skill where I have this other company
9260
05:11:51,920 --> 05:11:53,600
that'll give me a free internship where
9261
05:11:53,600 --> 05:11:56,638
I could 10x my potential earning in
9262
05:11:56,638 --> 05:11:58,958
three years, but I'm going to make
9263
05:11:58,958 --> 05:12:02,080
$35,000 a year for the three years.
9264
05:12:02,080 --> 05:12:03,760
Which one would you take?" The problem
9265
05:12:03,760 --> 05:12:06,080
is most people will take the $100,000
9266
05:12:06,080 --> 05:12:09,200
now and forego the investment in self.
9267
05:12:09,200 --> 05:12:10,958
And that's the thing is we are the asset
9268
05:12:10,958 --> 05:12:13,200
that we invest in. And the currency we
9269
05:12:13,200 --> 05:12:15,840
invest into ourselves in is time,
9270
05:12:15,840 --> 05:12:18,240
experience, and skills, right? Skill is
9271
05:12:18,240 --> 05:12:19,920
the outcome. The time and the effort is
9272
05:12:19,920 --> 05:12:21,280
what we put into it to gain the
9273
05:12:21,280 --> 05:12:22,718
experiences which ultimately give us the
9274
05:12:22,718 --> 05:12:24,240
skills. But if you're in an environment
9275
05:12:24,240 --> 05:12:26,400
where you're not compounding your
9276
05:12:26,400 --> 05:12:28,560
potential earning, then you're actually
9277
05:12:28,560 --> 05:12:30,878
losing out long-term. You're ripping up
9278
05:12:30,878 --> 05:12:34,000
your million dollar or your 10x or 100x
9279
05:12:34,000 --> 05:12:35,920
contract for a decade from now so you
9280
05:12:35,920 --> 05:12:37,680
can get the short fast money today. And
9281
05:12:37,680 --> 05:12:39,040
that's why in the early days when you
9282
05:12:39,040 --> 05:12:40,718
have limited amounts of money but lots
9283
05:12:40,718 --> 05:12:42,560
of time and energy, instead of putting
9284
05:12:42,560 --> 05:12:45,600
your money in the S&P 500, I like to say
9285
05:12:45,600 --> 05:12:49,040
put in the SME 500 because the asset
9286
05:12:49,040 --> 05:12:51,440
that is you will always beat the stock
9287
05:12:51,440 --> 05:12:53,280
market. Number four, you should only
9288
05:12:53,280 --> 05:12:56,160
have to get rich once. In other words,
9289
05:12:56,160 --> 05:12:58,638
don't bet what you have and need for
9290
05:12:58,638 --> 05:13:00,878
something you don't have and don't need.
9291
05:13:00,878 --> 05:13:02,958
And some of the gravest mistakes I made
9292
05:13:02,958 --> 05:13:05,600
manifested in, for example, me getting
9293
05:13:05,600 --> 05:13:07,040
into a partnership that I shouldn't have
9294
05:13:07,040 --> 05:13:09,280
gotten into because I wanted even more
9295
05:13:09,280 --> 05:13:11,680
faster. Now, when you get into a
9296
05:13:11,680 --> 05:13:13,040
partnership, which is usually the time
9297
05:13:13,040 --> 05:13:14,560
where you put the most risk on the
9298
05:13:14,560 --> 05:13:17,280
table, one is you guarantee the largest
9299
05:13:17,280 --> 05:13:19,760
decrease in your earning power. You pay
9300
05:13:19,760 --> 05:13:21,120
with the most expensive thing you have,
9301
05:13:21,120 --> 05:13:23,200
which is equity, to somebody else. And
9302
05:13:23,200 --> 05:13:25,440
so people get obsessive about what
9303
05:13:25,440 --> 05:13:27,840
they're they're, you know, 5% 10% later
9304
05:13:27,840 --> 05:13:30,240
when we're making money, but day one
9305
05:13:30,240 --> 05:13:31,440
they're like, "All right, we cut the pie
9306
05:13:31,440 --> 05:13:33,120
in half. Oh, we cut the pie into
9307
05:13:33,120 --> 05:13:34,798
thirds." Right up front before
9308
05:13:34,798 --> 05:13:36,798
anything's really happened. If you work
9309
05:13:36,798 --> 05:13:38,560
with a partner or decide to partner up
9310
05:13:38,560 --> 05:13:39,760
with somebody, one of your friends, one
9311
05:13:39,760 --> 05:13:40,878
of your co-workers, this is coming from
9312
05:13:40,878 --> 05:13:42,560
somebody who has nine failed
9313
05:13:42,560 --> 05:13:45,120
partnerships before I met Leila and then
9314
05:13:45,120 --> 05:13:46,480
that has now worked and now I have
9315
05:13:46,480 --> 05:13:49,040
successful partnerships. A partner needs
9316
05:13:49,040 --> 05:13:51,040
to have one of these three things that
9317
05:13:51,040 --> 05:13:52,638
you do not have. They either have to
9318
05:13:52,638 --> 05:13:54,240
have money that you don't have. And then
9319
05:13:54,240 --> 05:13:56,638
the clear contribution is that money,
9320
05:13:56,638 --> 05:13:58,638
they need to have experience you don't
9321
05:13:58,638 --> 05:14:00,798
have. And the clear contribution is that
9322
05:14:00,798 --> 05:14:02,878
experience. Or number three, they have
9323
05:14:02,878 --> 05:14:04,638
time and energy that you don't have and
9324
05:14:04,638 --> 05:14:06,480
the clear contribution is that time and
9325
05:14:06,480 --> 05:14:08,480
energy. And so I added that second part
9326
05:14:08,480 --> 05:14:10,080
on is that just because someone has
9327
05:14:10,080 --> 05:14:11,520
experience, if they're not contributing
9328
05:14:11,520 --> 05:14:13,280
it to the partnership clearly, then
9329
05:14:13,280 --> 05:14:14,400
you're still not going to get the
9330
05:14:14,400 --> 05:14:16,080
benefit from it. If they have the time
9331
05:14:16,080 --> 05:14:17,440
and the energy, but it's not clearly
9332
05:14:17,440 --> 05:14:18,798
defined how they're going to invest that
9333
05:14:18,798 --> 05:14:20,320
time and energy into the things so you
9334
05:14:20,320 --> 05:14:22,400
both get a return, then it's not going
9335
05:14:22,400 --> 05:14:23,840
to be a good partnership. And I've lost
9336
05:14:23,840 --> 05:14:25,760
so much money in partnerships,
9337
05:14:25,760 --> 05:14:27,440
especially early on. One of my two big
9338
05:14:27,440 --> 05:14:30,400
losses was from a partner. And a big
9339
05:14:30,400 --> 05:14:32,638
part of it was I was insecure and I
9340
05:14:32,638 --> 05:14:33,920
thought I just had to have somebody else
9341
05:14:33,920 --> 05:14:35,760
cuz I was afraid to do it on my own. If
9342
05:14:35,760 --> 05:14:37,200
you are a business owner and you're
9343
05:14:37,200 --> 05:14:38,480
trying to scale and you're doing a
9344
05:14:38,480 --> 05:14:39,520
million bucks a year and you want to go
9345
05:14:39,520 --> 05:14:41,840
bigger, go to acquisition.com, hit
9346
05:14:41,840 --> 05:14:43,840
scale, and uh we'd love to see if we
9347
05:14:43,840 --> 05:14:44,878
could help you out at one of the
9348
05:14:44,878 --> 05:14:48,160
workshops we run here in Vegas. Which
9349
05:14:48,160 --> 05:14:49,760
brings me to number five. If you never
9350
05:14:49,760 --> 05:14:51,520
learn to manage your time, you're never
9351
05:14:51,520 --> 05:14:53,120
going to learn to manage your money. And
9352
05:14:53,120 --> 05:14:55,120
so the thing is is that all of us
9353
05:14:55,120 --> 05:14:56,560
obviously have equal amounts of time
9354
05:14:56,560 --> 05:14:58,000
that we're given, not necessarily in
9355
05:14:58,000 --> 05:15:00,400
life, but at least every day. And so the
9356
05:15:00,400 --> 05:15:03,040
people who get the best returns on their
9357
05:15:03,040 --> 05:15:05,120
money are the ones who learn how to best
9358
05:15:05,120 --> 05:15:07,760
invest their time. And so a big
9359
05:15:07,760 --> 05:15:09,840
misconception around money is that money
9360
05:15:09,840 --> 05:15:12,560
in my opinion is an encapsulated version
9361
05:15:12,560 --> 05:15:15,200
of time. And since all of us trade time
9362
05:15:15,200 --> 05:15:17,280
for the money that we get, then it means
9363
05:15:17,280 --> 05:15:19,280
for each person money represents a
9364
05:15:19,280 --> 05:15:20,718
certain amount of time. And the
9365
05:15:20,718 --> 05:15:22,560
wealthier you get, it's just that the
9366
05:15:22,560 --> 05:15:24,480
denomination of money represents less
9367
05:15:24,480 --> 05:15:27,760
time for you. And so for someone else,
9368
05:15:27,760 --> 05:15:30,638
$100 may represent four hours. For a
9369
05:15:30,638 --> 05:15:33,040
wealthier person, $100 may represent
9370
05:15:33,040 --> 05:15:35,360
four minutes. And so it's a constant
9371
05:15:35,360 --> 05:15:37,200
appraisal that you do on a regular
9372
05:15:37,200 --> 05:15:38,958
basis, looking on your calendar and
9373
05:15:38,958 --> 05:15:41,120
saying, "What things do I have here that
9374
05:15:41,120 --> 05:15:43,280
I could trade my time for for more
9375
05:15:43,280 --> 05:15:45,920
money?" And so again, this video is
9376
05:15:45,920 --> 05:15:47,920
about making money overall. I'm not
9377
05:15:47,920 --> 05:15:49,120
saying that you can't spend time with
9378
05:15:49,120 --> 05:15:51,600
your girl, but there is a transaction
9379
05:15:51,600 --> 05:15:53,440
cost for that time. and as long as
9380
05:15:53,440 --> 05:15:54,798
you're willing to make the the trade,
9381
05:15:54,798 --> 05:15:56,718
then trade it all day. But the bad
9382
05:15:56,718 --> 05:15:57,920
trades are the one that when you
9383
05:15:57,920 --> 05:15:59,520
actually think about it in terms of what
9384
05:15:59,520 --> 05:16:01,440
it costs, you'd say, "I wouldn't do the
9385
05:16:01,440 --> 05:16:04,400
trade." That's a bad deal. And so over
9386
05:16:04,400 --> 05:16:06,958
time, if you continue to trade up how
9387
05:16:06,958 --> 05:16:09,920
much time you invest for what it makes
9388
05:16:09,920 --> 05:16:12,000
you, you will always make more in your
9389
05:16:12,000 --> 05:16:14,480
income year after year after year.
9390
05:16:14,480 --> 05:16:16,718
Number six, check your bank account
9391
05:16:16,718 --> 05:16:18,320
before you check social media first
9392
05:16:18,320 --> 05:16:20,080
thing in the morning. And if it hurts
9393
05:16:20,080 --> 05:16:22,080
you to check your bank account first
9394
05:16:22,080 --> 05:16:24,400
thing, then you need to do it even more
9395
05:16:24,400 --> 05:16:27,600
because for me, I started not knowing
9396
05:16:27,600 --> 05:16:30,638
where my money was going. And so I had a
9397
05:16:30,638 --> 05:16:32,718
friend who was like, "Dude, just look."
9398
05:16:32,718 --> 05:16:34,878
And I honestly had anxiety looking in my
9399
05:16:34,878 --> 05:16:36,958
bank account, looking at what money was
9400
05:16:36,958 --> 05:16:38,320
going out and all that kind of stuff.
9401
05:16:38,320 --> 05:16:41,040
And so I started making that habit. And
9402
05:16:41,040 --> 05:16:42,638
I had to confront it. But the crazy
9403
05:16:42,638 --> 05:16:45,120
thing is is as I started looking at my
9404
05:16:45,120 --> 05:16:47,280
money, as I started paying attention to
9405
05:16:47,280 --> 05:16:48,958
my money, my money started paying
9406
05:16:48,958 --> 05:16:51,360
attention to me and hanging around. And
9407
05:16:51,360 --> 05:16:54,000
so Peter Ducker said, "What gets
9408
05:16:54,000 --> 05:16:56,560
measured gets managed." And so one of
9409
05:16:56,560 --> 05:16:58,560
the most fascinating things that I found
9410
05:16:58,560 --> 05:17:00,400
with human behavior in any kind of
9411
05:17:00,400 --> 05:17:02,480
change is that the first thing that you
9412
05:17:02,480 --> 05:17:05,040
can do to improve any metric for any
9413
05:17:05,040 --> 05:17:07,920
skill is to actually measure it. And so
9414
05:17:07,920 --> 05:17:09,680
if you want to lose weight, if you weigh
9415
05:17:09,680 --> 05:17:11,280
yourself every day, no matter how
9416
05:17:11,280 --> 05:17:13,680
painful the number is. That intervention
9417
05:17:13,680 --> 05:17:15,920
alone helps people lose weight. You
9418
05:17:15,920 --> 05:17:17,280
don't even have to talk about diet. You
9419
05:17:17,280 --> 05:17:18,718
don't have to tell someone to exercise.
9420
05:17:18,718 --> 05:17:20,638
If they look at the scale every day,
9421
05:17:20,638 --> 05:17:22,160
they become aware of it. And when you
9422
05:17:22,160 --> 05:17:23,520
become aware of a problem, you start
9423
05:17:23,520 --> 05:17:25,760
consciously or subconsciously making
9424
05:17:25,760 --> 05:17:27,360
moves to change it. You have that
9425
05:17:27,360 --> 05:17:28,798
hesitation before you put that food in
9426
05:17:28,798 --> 05:17:29,920
your mouth. You have that hesitation
9427
05:17:29,920 --> 05:17:31,200
before you take your wallet out when
9428
05:17:31,200 --> 05:17:32,160
you're looking at your bank account
9429
05:17:32,160 --> 05:17:34,080
every day. It doesn't matter what it is,
9430
05:17:34,080 --> 05:17:35,840
whatever you're trying to improve, but
9431
05:17:35,840 --> 05:17:38,320
look at it. confront reality and then
9432
05:17:38,320 --> 05:17:40,400
reality will start to improve. And if
9433
05:17:40,400 --> 05:17:42,400
you're curious, how long do you still
9434
05:17:42,400 --> 05:17:43,440
check your bank account in every day?
9435
05:17:43,440 --> 05:17:45,360
And I the honest truth is I stopped
9436
05:17:45,360 --> 05:17:46,798
checking when we had about 20 million
9437
05:17:46,798 --> 05:17:49,440
bucks. Um and so that started when I had
9438
05:17:49,440 --> 05:17:51,840
in the hundreds to thousands
9439
05:17:51,840 --> 05:17:53,680
uh and continue to check every day. And
9440
05:17:53,680 --> 05:17:55,520
when I stopped checking it was I
9441
05:17:55,520 --> 05:17:58,878
realized my daily fluctuations in in
9442
05:17:58,878 --> 05:18:00,320
market movements and things like that
9443
05:18:00,320 --> 05:18:03,520
across my assets. uh it like I didn't I
9444
05:18:03,520 --> 05:18:05,600
I basically wasn't able to really see it
9445
05:18:05,600 --> 05:18:07,200
on a daily basis. So I had to start
9446
05:18:07,200 --> 05:18:09,440
extending my time horizon for when I
9447
05:18:09,440 --> 05:18:10,798
would check it. So it' be monthly or
9448
05:18:10,798 --> 05:18:12,878
quarterly that I started checking it. Uh
9449
05:18:12,878 --> 05:18:14,320
because that way at least I know I
9450
05:18:14,320 --> 05:18:16,160
should have some movement upwards. And
9451
05:18:16,160 --> 05:18:19,200
that is something that if you've done
9452
05:18:19,200 --> 05:18:20,958
checking your bank account every single
9453
05:18:20,958 --> 05:18:23,760
day for years, you start to already have
9454
05:18:23,760 --> 05:18:25,120
developed some of those disciplined
9455
05:18:25,120 --> 05:18:27,680
skills, which then you can delay
9456
05:18:27,680 --> 05:18:29,440
gratification of having saved money for
9457
05:18:29,440 --> 05:18:31,280
a day to having saved money for a
9458
05:18:31,280 --> 05:18:34,480
quarter. Number seven, learn how to make
9459
05:18:34,480 --> 05:18:36,320
money before you start trying to learn
9460
05:18:36,320 --> 05:18:39,280
how to make money make money. So, I see
9461
05:18:39,280 --> 05:18:41,600
so many guys, especially young guys, who
9462
05:18:41,600 --> 05:18:43,360
are like, "I've got a,000 bucks. How do
9463
05:18:43,360 --> 05:18:45,040
I invest the $1,000?" They're trying to
9464
05:18:45,040 --> 05:18:46,638
figure out a way to get that $1,000 to
9465
05:18:46,638 --> 05:18:48,560
compound. They put into a compounding
9466
05:18:48,560 --> 05:18:50,240
calculator and they're like, "Man, if I
9467
05:18:50,240 --> 05:18:52,638
get 50% returns for the next 40 years,
9468
05:18:52,638 --> 05:18:54,400
I'm going to be a billionaire." But the
9469
05:18:54,400 --> 05:18:56,400
thing is is that one, it's most likely
9470
05:18:56,400 --> 05:18:57,520
that you're going to buy a [ __ ]
9471
05:18:57,520 --> 05:18:59,520
Dogecoin and then it's going to tank and
9472
05:18:59,520 --> 05:19:00,240
then you're just going to lose your
9473
05:19:00,240 --> 05:19:02,000
$1,000 and be like, "Wow, think about
9474
05:19:02,000 --> 05:19:05,280
this. I just worked for two weeks or one
9475
05:19:05,280 --> 05:19:08,000
month to save that $1,000 and I lost it
9476
05:19:08,000 --> 05:19:10,878
in seconds." So, alternatively, if you
9477
05:19:10,878 --> 05:19:13,600
take that $1,000 and you put it into how
9478
05:19:13,600 --> 05:19:16,000
do I make more money? How do I actively
9479
05:19:16,000 --> 05:19:17,840
improve the actions and skills that I
9480
05:19:17,840 --> 05:19:20,560
have, that will get you far more? And
9481
05:19:20,560 --> 05:19:22,240
that is where you invest the time rather
9482
05:19:22,240 --> 05:19:24,080
than how do I make money make money? Cuz
9483
05:19:24,080 --> 05:19:26,400
let's be real, you don't have much. So,
9484
05:19:26,400 --> 05:19:28,638
take the money you have into the skill,
9485
05:19:28,638 --> 05:19:30,560
the flow of making more money rather
9486
05:19:30,560 --> 05:19:32,080
than trying to take this tiny thing and
9487
05:19:32,080 --> 05:19:34,480
going from a 10% return to a 20% return.
9488
05:19:34,480 --> 05:19:36,160
Because the hundred bucks extra that you
9489
05:19:36,160 --> 05:19:38,240
yield on that thousand dollar, I promise
9490
05:19:38,240 --> 05:19:41,040
you, if you learn how to add 50% to your
9491
05:19:41,040 --> 05:19:42,560
skill set, it'll take whatever your
9492
05:19:42,560 --> 05:19:45,600
annual earning is up by 50%. And that's
9493
05:19:45,600 --> 05:19:46,958
going to be a hell of a lot more than
9494
05:19:46,958 --> 05:19:48,958
10. And that's assuming everything goes
9495
05:19:48,958 --> 05:19:50,480
up this year, which one out of four
9496
05:19:50,480 --> 05:19:52,638
years it doesn't. When you say you don't
9497
05:19:52,638 --> 05:19:54,878
have time, just immediately think to
9498
05:19:54,878 --> 05:19:57,920
yourself, I'm lying. This is [ __ ]
9499
05:19:57,920 --> 05:19:59,840
Because every single person has between
9500
05:19:59,840 --> 05:20:02,958
5 to 9:00 a.m. and 5 to 9:00 p.m. every
9501
05:20:02,958 --> 05:20:04,240
day of the week. even if you have a
9502
05:20:04,240 --> 05:20:06,400
40-hour job, even if you're a full-time
9503
05:20:06,400 --> 05:20:08,560
student, because everybody has those
9504
05:20:08,560 --> 05:20:10,718
eight hours per day. Now, the thing is
9505
05:20:10,718 --> 05:20:12,320
is that we're not willing to make the
9506
05:20:12,320 --> 05:20:13,600
trade-offs because we have these things
9507
05:20:13,600 --> 05:20:15,440
that make us comfortable. Cool. If you
9508
05:20:15,440 --> 05:20:17,280
reframe that thing as the thing that
9509
05:20:17,280 --> 05:20:18,798
makes me comfortable today is the thing
9510
05:20:18,798 --> 05:20:19,920
that's going to make me uncomfortable
9511
05:20:19,920 --> 05:20:22,798
for a decade. All of a sudden, the cost
9512
05:20:22,798 --> 05:20:25,120
of that comfort goes up. And so, then it
9513
05:20:25,120 --> 05:20:26,958
flips to if I can become uncomfortable
9514
05:20:26,958 --> 05:20:28,958
for today, I can be comfortable for
9515
05:20:28,958 --> 05:20:30,958
decades. And so then you can seek out
9516
05:20:30,958 --> 05:20:32,000
those eight hours and say, "You know
9517
05:20:32,000 --> 05:20:33,280
what? I'm going to flip this thing." And
9518
05:20:33,280 --> 05:20:35,600
here's the crazy part about work. Work
9519
05:20:35,600 --> 05:20:38,480
makes you money in two ways. One, you
9520
05:20:38,480 --> 05:20:40,638
work and you make money. And secondly,
9521
05:20:40,638 --> 05:20:42,000
when you're working, you're not spending
9522
05:20:42,000 --> 05:20:44,160
money. And so when you're starting out,
9523
05:20:44,160 --> 05:20:46,320
you literally have a double effect. The
9524
05:20:46,320 --> 05:20:47,760
the money that you're making the whole
9525
05:20:47,760 --> 05:20:49,440
way through is stacking up because
9526
05:20:49,440 --> 05:20:51,520
there's no drains on it either. And so
9527
05:20:51,520 --> 05:20:52,798
one of the biggest advantages you have
9528
05:20:52,798 --> 05:20:55,040
is that you stay busy. One of the keys
9529
05:20:55,040 --> 05:20:57,040
to investing is patience. What is
9530
05:20:57,040 --> 05:20:59,120
patience? Patience is figuring out
9531
05:20:59,120 --> 05:21:02,080
activities to do in the meantime. Think
9532
05:21:02,080 --> 05:21:04,638
about it for a second. Unpack that.
9533
05:21:04,638 --> 05:21:06,718
Patience is figuring out what to do in
9534
05:21:06,718 --> 05:21:09,360
the meantime. So then if the goal is to
9535
05:21:09,360 --> 05:21:11,440
get rich, and we know that that takes
9536
05:21:11,440 --> 05:21:14,000
time, and it takes time for money to
9537
05:21:14,000 --> 05:21:16,400
compound and grow, then what you do in
9538
05:21:16,400 --> 05:21:19,600
the meantime is that you work so that
9539
05:21:19,600 --> 05:21:21,520
you have even more money to invest. And
9540
05:21:21,520 --> 05:21:23,520
that money has the time to invest and
9541
05:21:23,520 --> 05:21:26,320
compound while you're working. And I am
9542
05:21:26,320 --> 05:21:27,680
so passionate about this because this
9543
05:21:27,680 --> 05:21:30,240
isn't something that I didn't do, right?
9544
05:21:30,240 --> 05:21:32,560
Like when I had my job in the beginning,
9545
05:21:32,560 --> 05:21:34,080
I just wasn't really taking the time
9546
05:21:34,080 --> 05:21:35,280
that I should have. And then I was like,
9547
05:21:35,280 --> 05:21:36,638
you know what? I don't want to do this
9548
05:21:36,638 --> 05:21:38,400
thing forever. I got to get ahead. But I
9549
05:21:38,400 --> 05:21:40,480
couldn't stop doing my job. So I started
9550
05:21:40,480 --> 05:21:42,560
spending my mornings and my evenings
9551
05:21:42,560 --> 05:21:44,718
every day and both weekend days working
9552
05:21:44,718 --> 05:21:46,638
on what I was going to do next. And in
9553
05:21:46,638 --> 05:21:48,320
the beginning, that was studying for the
9554
05:21:48,320 --> 05:21:49,600
GMAT because I thought business school
9555
05:21:49,600 --> 05:21:51,120
was going to be the next move. But after
9556
05:21:51,120 --> 05:21:52,718
studying for the GMAT and crushing the
9557
05:21:52,718 --> 05:21:54,480
test, I came to another realization,
9558
05:21:54,480 --> 05:21:56,160
which was, I'm going to go to business
9559
05:21:56,160 --> 05:21:57,040
school because I want to start a
9560
05:21:57,040 --> 05:21:58,320
business. Well, you know what? It's
9561
05:21:58,320 --> 05:22:00,958
going to cost me less than two years and
9562
05:22:00,958 --> 05:22:03,760
$180,000 plus what I didn't make during
9563
05:22:03,760 --> 05:22:05,760
the two years of not working. I could
9564
05:22:05,760 --> 05:22:08,320
probably net $10,000 a year of income,
9565
05:22:08,320 --> 05:22:09,600
which is what the average business
9566
05:22:09,600 --> 05:22:11,760
school person graduated with when I was
9567
05:22:11,760 --> 05:22:13,200
looking at business school. And I was
9568
05:22:13,200 --> 05:22:14,638
like, I think I could get to 10 grand a
9569
05:22:14,638 --> 05:22:16,718
month if I had two years to work and
9570
05:22:16,718 --> 05:22:18,400
didn't spend 180 grand and I took that
9571
05:22:18,400 --> 05:22:20,000
money and just put it into a business.
9572
05:22:20,000 --> 05:22:21,280
Now you're like, "Well, you didn't even
9573
05:22:21,280 --> 05:22:22,878
have 180 grand." You're damn right I
9574
05:22:22,878 --> 05:22:24,400
didn't. I was able to save up 50 and I
9575
05:22:24,400 --> 05:22:25,760
was like, "I think with this 50, I'll be
9576
05:22:25,760 --> 05:22:28,080
able to spend it to learn enough to make
9577
05:22:28,080 --> 05:22:29,680
10 grand a month." And that's what I
9578
05:22:29,680 --> 05:22:31,920
did. Nine. If you don't know how you can
9579
05:22:31,920 --> 05:22:33,520
lose money in something, then you're
9580
05:22:33,520 --> 05:22:35,520
going to lose it. Think about this for a
9581
05:22:35,520 --> 05:22:37,680
second. If something looks amazing and
9582
05:22:37,680 --> 05:22:39,040
you're like, "Dude, there's no way I can
9583
05:22:39,040 --> 05:22:40,958
lose money on this." You're absolutely
9584
05:22:40,958 --> 05:22:42,240
going to lose your ass because of how
9585
05:22:42,240 --> 05:22:44,320
little you actually know. And so you
9586
05:22:44,320 --> 05:22:46,798
have to figure out one, what is my
9587
05:22:46,798 --> 05:22:49,200
downside and all the different ways that
9588
05:22:49,200 --> 05:22:51,600
downside can occur and then attach a
9589
05:22:51,600 --> 05:22:53,600
reasonable likelihood that that happens
9590
05:22:53,600 --> 05:22:56,240
and then probably multiply it by three
9591
05:22:56,240 --> 05:22:57,920
because whenever you have your
9592
05:22:57,920 --> 05:22:59,680
rosecolored glasses on, you're an
9593
05:22:59,680 --> 05:23:00,798
entrepreneur or you want to be an
9594
05:23:00,798 --> 05:23:02,958
entrepreneur, one of the quintessential
9595
05:23:02,958 --> 05:23:04,638
traits of entrepreneurship is optimism.
9596
05:23:04,638 --> 05:23:06,160
We are optimists. We think it's all
9597
05:23:06,160 --> 05:23:07,280
going to work out and you have to have
9598
05:23:07,280 --> 05:23:10,080
that level of optimism to start. But
9599
05:23:10,080 --> 05:23:12,400
when you start, you can't continue to
9600
05:23:12,400 --> 05:23:14,080
have that optimism around every other
9601
05:23:14,080 --> 05:23:16,240
opportunity because then you are going
9602
05:23:16,240 --> 05:23:17,360
to lose your ass because you're going to
9603
05:23:17,360 --> 05:23:20,000
be split between multiple things. And so
9604
05:23:20,000 --> 05:23:21,920
if you don't know how you can lose
9605
05:23:21,920 --> 05:23:24,638
money, you absolutely will because it
9606
05:23:24,638 --> 05:23:28,160
just is an index of how little you know.
9607
05:23:28,160 --> 05:23:32,400
10. The biggest cost that you have is
9608
05:23:32,400 --> 05:23:34,560
ignorance. So every single month you've
9609
05:23:34,560 --> 05:23:36,000
got your rent, you've got your food,
9610
05:23:36,000 --> 05:23:37,120
you've got your clothes, you got your
9611
05:23:37,120 --> 05:23:39,280
car, you got whatever else you spend and
9612
05:23:39,280 --> 05:23:41,440
you think that's my fixed costs. Years
9613
05:23:41,440 --> 05:23:42,958
ago I was sitting in the audience and I
9614
05:23:42,958 --> 05:23:45,120
saw a man write a million on a
9615
05:23:45,120 --> 05:23:46,480
whiteboard and he called someone from
9616
05:23:46,480 --> 05:23:47,680
the audience. He said, "How much do you
9617
05:23:47,680 --> 05:23:50,080
make per year?" And they said, " $50,000
9618
05:23:50,080 --> 05:23:51,520
a year." And he said, "Would you like to
9619
05:23:51,520 --> 05:23:53,040
make a million a year?" And the person
9620
05:23:53,040 --> 05:23:54,958
said, "Yes." And then he put a minus
9621
05:23:54,958 --> 05:23:56,718
sign and he said, "Did you know that
9622
05:23:56,718 --> 05:23:59,680
it's costing you $950,000 per year to
9623
05:23:59,680 --> 05:24:01,200
not know how to make a million dollar a
9624
05:24:01,200 --> 05:24:03,200
year?" And it was such a light bulb
9625
05:24:03,200 --> 05:24:06,000
moment for me that I realized that the
9626
05:24:06,000 --> 05:24:08,400
cost of ignorance is the difference
9627
05:24:08,400 --> 05:24:10,560
between what your goals are and what you
9628
05:24:10,560 --> 05:24:12,878
have today. Because if you knew how to
9629
05:24:12,878 --> 05:24:15,040
achieve your goals, the difference is
9630
05:24:15,040 --> 05:24:17,680
the value of that education. And
9631
05:24:17,680 --> 05:24:20,560
conversely, the difference is the cost
9632
05:24:20,560 --> 05:24:23,440
of that debt of ignorance. And so the
9633
05:24:23,440 --> 05:24:25,200
number one priority in my life has
9634
05:24:25,200 --> 05:24:27,040
always been to pay down ignorance as
9635
05:24:27,040 --> 05:24:29,680
fast as I possibly could using whatever
9636
05:24:29,680 --> 05:24:31,520
currency I needed to. So if that was
9637
05:24:31,520 --> 05:24:33,440
relational capital that means using my
9638
05:24:33,440 --> 05:24:35,520
network or doing favors for people or
9639
05:24:35,520 --> 05:24:36,638
paying money which is the least
9640
05:24:36,638 --> 05:24:38,400
efficient way of doing it. I would try
9641
05:24:38,400 --> 05:24:39,920
and find a way that I could pay down
9642
05:24:39,920 --> 05:24:41,600
ignorance to achieve the things that I
9643
05:24:41,600 --> 05:24:42,958
wanted so I could get the information so
9644
05:24:42,958 --> 05:24:44,958
I could get the learning. When I started
9645
05:24:44,958 --> 05:24:47,200
um I paid to get into rooms. I paid
9646
05:24:47,200 --> 05:24:49,440
$25,000 $35,000. And you're like wait I
9647
05:24:49,440 --> 05:24:50,560
don't have that right now. I get it.
9648
05:24:50,560 --> 05:24:52,638
Well you pay $10,000 was the first thing
9649
05:24:52,638 --> 05:24:53,840
I ever bought that was information
9650
05:24:53,840 --> 05:24:55,200
based. That's what I was the first thing
9651
05:24:55,200 --> 05:24:56,958
I ever invested. And how was I able to
9652
05:24:56,958 --> 05:24:58,560
do that? Because I had saved for two
9653
05:24:58,560 --> 05:25:00,160
years and I'd saved 50 grand up. And so
9654
05:25:00,160 --> 05:25:01,680
for me, I was like, "Okay, this is the
9655
05:25:01,680 --> 05:25:03,120
direction I'm going in. I'm going to
9656
05:25:03,120 --> 05:25:05,600
invest in learning." And when I got in
9657
05:25:05,600 --> 05:25:07,760
that room, the first room I was in was a
9658
05:25:07,760 --> 05:25:09,440
gym owner room, and I didn't have a gym.
9659
05:25:09,440 --> 05:25:11,040
And I paid to be in that room so I could
9660
05:25:11,040 --> 05:25:12,798
start the gym the right way. When I paid
9661
05:25:12,798 --> 05:25:14,798
to the $25,000 room, it was an internet
9662
05:25:14,798 --> 05:25:16,638
marketing room. And guess what? I didn't
9663
05:25:16,638 --> 05:25:18,080
have an internet marketing business, but
9664
05:25:18,080 --> 05:25:19,280
I paid there so I could try and learn
9665
05:25:19,280 --> 05:25:20,560
how to do it the right way rather than
9666
05:25:20,560 --> 05:25:21,680
try and start it the wrong way and have
9667
05:25:21,680 --> 05:25:23,280
to fix it. And so, I think a lot of
9668
05:25:23,280 --> 05:25:25,440
people wait too long to try and learn. I
9669
05:25:25,440 --> 05:25:27,280
always want to grab my future and pull
9670
05:25:27,280 --> 05:25:29,280
it towards me. And so I was willing to
9671
05:25:29,280 --> 05:25:31,440
spend as much money as I had available
9672
05:25:31,440 --> 05:25:33,440
to me to make those bets because it was
9673
05:25:33,440 --> 05:25:34,878
a bet on me and I knew I would never
9674
05:25:34,878 --> 05:25:36,480
lose that. You can't lose you. You
9675
05:25:36,480 --> 05:25:38,560
always have diamond hands on you. Like
9676
05:25:38,560 --> 05:25:40,878
till the day you die, you've got you.
9677
05:25:40,878 --> 05:25:42,560
And so the thing is about investing in
9678
05:25:42,560 --> 05:25:44,480
education is that sometimes the lessons
9679
05:25:44,480 --> 05:25:46,400
you learn aren't the lessons you expect
9680
05:25:46,400 --> 05:25:47,360
to learn, but you learn them
9681
05:25:47,360 --> 05:25:49,040
nonetheless. And so sometimes you go
9682
05:25:49,040 --> 05:25:50,400
into an education thing and you don't
9683
05:25:50,400 --> 05:25:51,920
get what you thought, but you still get
9684
05:25:51,920 --> 05:25:53,200
something and it was still more than
9685
05:25:53,200 --> 05:25:54,878
what you paid. And so when I went into
9686
05:25:54,878 --> 05:25:56,480
those rooms, I'd already used up all my
9687
05:25:56,480 --> 05:25:57,760
money to get in the room. So I was like,
9688
05:25:57,760 --> 05:25:59,280
"Okay, what else do I have?" And so at
9689
05:25:59,280 --> 05:26:01,360
the time I knew how to sell. And so I
9690
05:26:01,360 --> 05:26:02,878
just went to every single person in the
9691
05:26:02,878 --> 05:26:04,638
room and was like, "Can I help you sell
9692
05:26:04,638 --> 05:26:06,718
stuff?" And so they'd be like, "Well,
9693
05:26:06,718 --> 05:26:08,718
sure, my sales team sucks." Or, "Sure,
9694
05:26:08,718 --> 05:26:10,798
my my script sucks." Or, "Sure, my offer
9695
05:26:10,798 --> 05:26:11,760
sucks." Or, "I don't know how to
9696
05:26:11,760 --> 05:26:12,958
overcome these objections." And so I
9697
05:26:12,958 --> 05:26:15,440
would spend an hour, 2 hours, 3 hours on
9698
05:26:15,440 --> 05:26:16,878
the phone with these people training
9699
05:26:16,878 --> 05:26:18,240
their teams, writing scripts. And they
9700
05:26:18,240 --> 05:26:20,480
were like, "Dude, thanks so much. This
9701
05:26:20,480 --> 05:26:21,920
is way I can't believe you did all
9702
05:26:21,920 --> 05:26:23,520
this." And the thing is is that if
9703
05:26:23,520 --> 05:26:25,920
you're going to pay for help from
9704
05:26:25,920 --> 05:26:28,958
someone, pay in full.
9705
05:26:28,958 --> 05:26:32,718
Don't halfass a free gift. And so if
9706
05:26:32,718 --> 05:26:34,000
you're good at something, you're good at
9707
05:26:34,000 --> 05:26:36,400
a skill, you're an accountant, you don't
9708
05:26:36,400 --> 05:26:38,638
do one page of someone's taxes. If
9709
05:26:38,638 --> 05:26:40,560
you're going to do a favor, you do the
9710
05:26:40,560 --> 05:26:42,080
whole thing. You treat them like they're
9711
05:26:42,080 --> 05:26:43,840
a paying customer and then they will
9712
05:26:43,840 --> 05:26:46,160
respond as though you have paid them.
9713
05:26:46,160 --> 05:26:47,760
And so it will be like you've given them
9714
05:26:47,760 --> 05:26:48,878
money and then you will get that
9715
05:26:48,878 --> 05:26:50,560
reciprocity. And at the time when I did
9716
05:26:50,560 --> 05:26:52,240
those favors for all those people, I
9717
05:26:52,240 --> 05:26:53,840
didn't know what I was going to ask for.
9718
05:26:53,840 --> 05:26:55,520
I just knew that I would need someone's
9719
05:26:55,520 --> 05:26:57,200
help in the room. And I'd rather have
9720
05:26:57,200 --> 05:26:59,040
more phone numbers I could call for help
9721
05:26:59,040 --> 05:27:02,160
that owed me one than none. And when I
9722
05:27:02,160 --> 05:27:04,080
wanted to make a webinar, I called one
9723
05:27:04,080 --> 05:27:05,360
of the people who's good at webinars.
9724
05:27:05,360 --> 05:27:06,958
When I wanted to run ads, I called the
9725
05:27:06,958 --> 05:27:08,480
guy who's really good at running ads.
9726
05:27:08,480 --> 05:27:10,638
When I wanted to uh figure out funnels
9727
05:27:10,638 --> 05:27:12,000
and landing pages and stuff, I called
9728
05:27:12,000 --> 05:27:13,280
the guy who was really good at funnels
9729
05:27:13,280 --> 05:27:14,798
and landing pages, cuz each of those
9730
05:27:14,798 --> 05:27:16,480
guys wasn't good at what I was good at.
9731
05:27:16,480 --> 05:27:18,160
And so we're able to barter, which by
9732
05:27:18,160 --> 05:27:20,080
the way, still to this day is the most
9733
05:27:20,080 --> 05:27:21,760
efficient form of trade because Uncle
9734
05:27:21,760 --> 05:27:25,040
Sam don't take any piece of it for us or
9735
05:27:25,040 --> 05:27:28,638
them. Everybody wins. 11. There's two
9736
05:27:28,638 --> 05:27:30,240
types of things that you can learn. And
9737
05:27:30,240 --> 05:27:31,680
so if you're trying to pay down
9738
05:27:31,680 --> 05:27:32,878
ignorance, you got to know what you're
9739
05:27:32,878 --> 05:27:35,360
buying. So you can learn about
9740
05:27:35,360 --> 05:27:37,280
something, something that exists that
9741
05:27:37,280 --> 05:27:39,200
you didn't know existed. And then you
9742
05:27:39,200 --> 05:27:41,840
can learn how to do something. And so
9743
05:27:41,840 --> 05:27:43,600
one is called declarative knowledge,
9744
05:27:43,600 --> 05:27:45,360
knowledge of existence. The other is
9745
05:27:45,360 --> 05:27:46,718
called procedural knowledge which is
9746
05:27:46,718 --> 05:27:48,320
knowing how to do it. And so if I
9747
05:27:48,320 --> 05:27:49,760
explain to you that private equity
9748
05:27:49,760 --> 05:27:51,760
exists and this is how you can buy,
9749
05:27:51,760 --> 05:27:53,200
package and sell a business for a lot of
9750
05:27:53,200 --> 05:27:56,480
money. Now you know about it which is a
9751
05:27:56,480 --> 05:27:58,878
prerequisite for learning how to do it.
9752
05:27:58,878 --> 05:28:01,440
And so when you buy into access to
9753
05:28:01,440 --> 05:28:03,760
networks to people to relationships the
9754
05:28:03,760 --> 05:28:05,440
primary thing that you're learning is
9755
05:28:05,440 --> 05:28:07,440
learning about things that exist.
9756
05:28:07,440 --> 05:28:08,878
They're going to tell you tax
9757
05:28:08,878 --> 05:28:10,718
strategies, investment strategy,
9758
05:28:10,718 --> 05:28:12,400
marketing strategy, sales strategies,
9759
05:28:12,400 --> 05:28:13,680
business models that you haven't heard
9760
05:28:13,680 --> 05:28:16,080
of. That is what you learn there. But if
9761
05:28:16,080 --> 05:28:17,360
they tell you those things, you leave
9762
05:28:17,360 --> 05:28:19,040
and you get excited. But then you're
9763
05:28:19,040 --> 05:28:20,718
like, well, shoot, how do I do it? Which
9764
05:28:20,718 --> 05:28:22,878
is the second thing that you learn how
9765
05:28:22,878 --> 05:28:24,958
to do, which is the how part. And so
9766
05:28:24,958 --> 05:28:26,878
when you're going into any kind of
9767
05:28:26,878 --> 05:28:28,080
investment, whether you're investing
9768
05:28:28,080 --> 05:28:29,760
time, you're investing trade, you're
9769
05:28:29,760 --> 05:28:31,280
doing some work for someone so they do
9770
05:28:31,280 --> 05:28:32,798
work for you back, or you're investing
9771
05:28:32,798 --> 05:28:34,878
money, you better be sure what you're
9772
05:28:34,878 --> 05:28:37,280
buying. And the interesting thing about
9773
05:28:37,280 --> 05:28:39,120
those two types of knowledge is that the
9774
05:28:39,120 --> 05:28:41,440
declarative knowledge tends to teach you
9775
05:28:41,440 --> 05:28:44,160
things that you didn't know existed.
9776
05:28:44,160 --> 05:28:46,480
It's the unknown unknowns. That is why
9777
05:28:46,480 --> 05:28:47,600
some of these are the biggest
9778
05:28:47,600 --> 05:28:48,798
breakthroughs. When you get into those
9779
05:28:48,798 --> 05:28:50,160
rooms with someone making 10 or 100
9780
05:28:50,160 --> 05:28:51,520
times more than you, they see the world
9781
05:28:51,520 --> 05:28:53,920
in a different way. Whereas when you go
9782
05:28:53,920 --> 05:28:55,920
for how to, it's more predictable what
9783
05:28:55,920 --> 05:28:57,280
you're going to get because you're
9784
05:28:57,280 --> 05:28:59,040
specifically trying to learn how the
9785
05:28:59,040 --> 05:29:00,480
skill is. You know it exists and you
9786
05:29:00,480 --> 05:29:01,760
just need to clarify the steps to
9787
05:29:01,760 --> 05:29:03,680
getting there. And so just delineating
9788
05:29:03,680 --> 05:29:05,600
what you're trying to learn will help
9789
05:29:05,600 --> 05:29:07,520
you actually learn it. So the first time
9790
05:29:07,520 --> 05:29:09,520
I learned declarative knowledge was that
9791
05:29:09,520 --> 05:29:12,480
Facebook ads existed. That was in 2013.
9792
05:29:12,480 --> 05:29:14,400
And so I learned how they how they
9793
05:29:14,400 --> 05:29:16,000
worked and I learned just enough to make
9794
05:29:16,000 --> 05:29:17,200
them work. So I learned declarative
9795
05:29:17,200 --> 05:29:18,958
knowledge that they existed and I
9796
05:29:18,958 --> 05:29:20,878
learned how to do them in one weekend.
9797
05:29:20,878 --> 05:29:23,360
Super valuable. Now I was able to ride
9798
05:29:23,360 --> 05:29:25,680
that skill set for a couple years until
9799
05:29:25,680 --> 05:29:27,440
I was like you know what I need to learn
9800
05:29:27,440 --> 05:29:28,798
how to do this at a bigger scale. I
9801
05:29:28,798 --> 05:29:30,558
wanted to go national with started gym
9802
05:29:30,558 --> 05:29:31,920
launch do the turnarounds. And so I was
9803
05:29:31,920 --> 05:29:33,440
like, I need somebody cuz I had only run
9804
05:29:33,440 --> 05:29:34,718
local ads, which by the way are much
9805
05:29:34,718 --> 05:29:37,120
easier than national style ads. And so I
9806
05:29:37,120 --> 05:29:38,958
tried to go all around asking people for
9807
05:29:38,958 --> 05:29:41,040
help. And at this point, I had probably
9808
05:29:41,040 --> 05:29:42,400
used up the relational capital that I
9809
05:29:42,400 --> 05:29:44,480
had before. So I called a bunch of
9810
05:29:44,480 --> 05:29:45,680
agencies. All of them said they were
9811
05:29:45,680 --> 05:29:46,718
going to charge me too much money that I
9812
05:29:46,718 --> 05:29:48,160
could afford. And then finally, I just
9813
05:29:48,160 --> 05:29:49,760
asked one guy, "Hey, instead of your
9814
05:29:49,760 --> 05:29:52,080
monthly rate of $5,000 a month, which I
9815
05:29:52,080 --> 05:29:53,520
couldn't even come close to affording at
9816
05:29:53,520 --> 05:29:55,280
the time, I was like, can I just pay you
9817
05:29:55,280 --> 05:29:57,520
per hour?" Now, of course, he said, "I
9818
05:29:57,520 --> 05:29:59,280
don't trade my time for money." except
9819
05:29:59,280 --> 05:30:01,600
of course he works overtime and then he
9820
05:30:01,600 --> 05:30:03,360
gets money later but sure anyways he
9821
05:30:03,360 --> 05:30:04,638
doesn't trade time for money and I said
9822
05:30:04,638 --> 05:30:06,638
it's America everything's got a price
9823
05:30:06,638 --> 05:30:09,920
and he said you know what 750 an hour
9824
05:30:09,920 --> 05:30:12,240
I'll do it and I was like done now mind
9825
05:30:12,240 --> 05:30:13,840
you 750 an hour was still a ton of money
9826
05:30:13,840 --> 05:30:15,520
for me and so I showed up like it was
9827
05:30:15,520 --> 05:30:17,440
Harvard on steroids for these calls cuz
9828
05:30:17,440 --> 05:30:18,958
I I would prep for the call I had my
9829
05:30:18,958 --> 05:30:21,280
notes out I recorded it I was like I had
9830
05:30:21,280 --> 05:30:22,718
two people in the room be like make sure
9831
05:30:22,718 --> 05:30:24,320
I don't miss anything right and so I
9832
05:30:24,320 --> 05:30:27,840
would go and I had him first document
9833
05:30:27,840 --> 05:30:31,280
the process of what he did to run ads as
9834
05:30:31,280 --> 05:30:33,760
though he were me. Then I had him
9835
05:30:33,760 --> 05:30:35,440
demonstrate it. So he clicked the
9836
05:30:35,440 --> 05:30:37,120
buttons so I could see what he was doing
9837
05:30:37,120 --> 05:30:38,718
and I had him stop and explain to me
9838
05:30:38,718 --> 05:30:40,000
each of the steps so I could put it into
9839
05:30:40,000 --> 05:30:41,680
my little checklist too. And then
9840
05:30:41,680 --> 05:30:43,600
finally I duplicated in front of him
9841
05:30:43,600 --> 05:30:45,120
which means document demonstrate
9842
05:30:45,120 --> 05:30:47,600
duplicate. I then did in front of him to
9843
05:30:47,600 --> 05:30:49,200
make sure that I was doing it right. And
9844
05:30:49,200 --> 05:30:50,958
so once I did it right and I did it
9845
05:30:50,958 --> 05:30:52,240
right multiple times in a row and I
9846
05:30:52,240 --> 05:30:54,240
didn't need him to to to correct me
9847
05:30:54,240 --> 05:30:56,080
while I was doing it, that's when I had
9848
05:30:56,080 --> 05:30:57,520
mastered the skill. It took me eight
9849
05:30:57,520 --> 05:31:00,080
sessions. So, it took me eight hours and
9850
05:31:00,080 --> 05:31:02,798
whatever that is times 750 in order to
9851
05:31:02,798 --> 05:31:05,760
learn 12. A watch isn't going to replace
9852
05:31:05,760 --> 05:31:08,080
work. A Rolex isn't going to replace
9853
05:31:08,080 --> 05:31:10,480
reality. And so, what happens a lot of
9854
05:31:10,480 --> 05:31:12,240
times when you're coming up is that you
9855
05:31:12,240 --> 05:31:14,320
want to get status, right? You feel
9856
05:31:14,320 --> 05:31:15,440
downtrodden. You feel like no one
9857
05:31:15,440 --> 05:31:17,120
respects you. And that's normal as a
9858
05:31:17,120 --> 05:31:18,798
young man. That's what you do. You don't
9859
05:31:18,798 --> 05:31:20,160
have any status. That's what you come
9860
05:31:20,160 --> 05:31:21,360
into the world as. And you got to go
9861
05:31:21,360 --> 05:31:24,240
make it. And so the thing that you want
9862
05:31:24,240 --> 05:31:26,480
to do early on is get status as fast as
9863
05:31:26,480 --> 05:31:28,080
possible. The thing is is a lot of times
9864
05:31:28,080 --> 05:31:29,760
you trade short-term status at the
9865
05:31:29,760 --> 05:31:31,840
expense of long-term. And so as somebody
9866
05:31:31,840 --> 05:31:34,320
who has lots of young men in my audience
9867
05:31:34,320 --> 05:31:36,320
and middle-aged men in my audience,
9868
05:31:36,320 --> 05:31:38,080
you'll never impress someone who's
9869
05:31:38,080 --> 05:31:41,600
wealthier than you with assets.
9870
05:31:41,600 --> 05:31:44,240
You'll only impress people below you. So
9871
05:31:44,240 --> 05:31:46,638
you have the wrong target audience
9872
05:31:46,638 --> 05:31:48,400
because to impress poor people, you
9873
05:31:48,400 --> 05:31:50,878
outspend them. to impress rich people,
9874
05:31:50,878 --> 05:31:53,120
you outwork them. And once I understood
9875
05:31:53,120 --> 05:31:55,280
this, I was like, "Oh, the guys who are
9876
05:31:55,280 --> 05:31:58,400
at the top of the game give me respect
9877
05:31:58,400 --> 05:32:00,320
because they know I'm a future one of
9878
05:32:00,320 --> 05:32:02,558
them because they know when they were my
9879
05:32:02,558 --> 05:32:04,400
age, they double down on the hustle, not
9880
05:32:04,400 --> 05:32:06,320
the highlight reel." And that
9881
05:32:06,320 --> 05:32:08,080
overspending on status happens at every
9882
05:32:08,080 --> 05:32:10,320
level. So, in the beginning, it's a
9883
05:32:10,320 --> 05:32:12,320
watch, right? And a little bit later, it
9884
05:32:12,320 --> 05:32:14,878
might be a car payment. And a little bit
9885
05:32:14,878 --> 05:32:16,638
later, it might be a really big
9886
05:32:16,638 --> 05:32:18,080
expensive car payment. And then it might
9887
05:32:18,080 --> 05:32:19,760
be a really big condo and then it might
9888
05:32:19,760 --> 05:32:22,000
be a really nice house and then it might
9889
05:32:22,000 --> 05:32:23,920
become a yacht and then becomes a jet.
9890
05:32:23,920 --> 05:32:25,600
And the thing is is that you add zeros
9891
05:32:25,600 --> 05:32:27,360
to it but again you only impress the
9892
05:32:27,360 --> 05:32:29,040
people underneath of you not the people
9893
05:32:29,040 --> 05:32:30,798
above you. And if you want to impress
9894
05:32:30,798 --> 05:32:32,160
the people underneath of you by all
9895
05:32:32,160 --> 05:32:35,120
means do it. But know that that's what
9896
05:32:35,120 --> 05:32:37,600
you're about. Buy time like a rich
9897
05:32:37,600 --> 05:32:40,718
person. Buy stuff like a poor person.
9898
05:32:40,718 --> 05:32:44,000
And so when you're thinking about time
9899
05:32:44,000 --> 05:32:46,080
being the most valuable thing, if you've
9900
05:32:46,080 --> 05:32:47,680
already dedicated yourself to working
9901
05:32:47,680 --> 05:32:49,520
and earning an income and learning the
9902
05:32:49,520 --> 05:32:52,080
skills, then you just want to pour as
9903
05:32:52,080 --> 05:32:53,920
much time into that as you can. And so
9904
05:32:53,920 --> 05:32:55,680
fundamentally, you're buying your time
9905
05:32:55,680 --> 05:32:58,480
back, your lowcost time or low income
9906
05:32:58,480 --> 05:33:01,120
time. So it's prepping food, going
9907
05:33:01,120 --> 05:33:04,240
grocery shopping, cleaning your house,
9908
05:33:04,240 --> 05:33:07,600
whatever else you do with more income
9909
05:33:07,600 --> 05:33:09,520
earning time. I remember the first time
9910
05:33:09,520 --> 05:33:12,080
I closed a $500 sale at my gym. I
9911
05:33:12,080 --> 05:33:13,760
realized that that sale took me 30
9912
05:33:13,760 --> 05:33:16,320
minutes. And I knew that for me to buy
9913
05:33:16,320 --> 05:33:18,878
groceries for the whole month four times
9914
05:33:18,878 --> 05:33:22,400
would take me $500 and far more than 30
9915
05:33:22,400 --> 05:33:24,400
minutes. And so I thought to myself, my
9916
05:33:24,400 --> 05:33:26,480
god, if all of that time I was grocery
9917
05:33:26,480 --> 05:33:28,638
shopping and and food prepping and and
9918
05:33:28,638 --> 05:33:30,958
and and cleaning up after myself and
9919
05:33:30,958 --> 05:33:33,040
then doing laundry, if all of that time
9920
05:33:33,040 --> 05:33:35,120
I could just sell more in a couple
9921
05:33:35,120 --> 05:33:37,280
hours, I could do all of that stuff for
9922
05:33:37,280 --> 05:33:39,520
free. And my poor mind was like, "Hey,
9923
05:33:39,520 --> 05:33:41,040
that's wasteful. You could be doing that
9924
05:33:41,040 --> 05:33:43,520
stuff on your own." But you buy time
9925
05:33:43,520 --> 05:33:46,160
like you're rich. You spend money on
9926
05:33:46,160 --> 05:33:48,400
stuff like you're poor. So buy time, not
9927
05:33:48,400 --> 05:33:50,240
stuff. Because when you buy time, you
9928
05:33:50,240 --> 05:33:52,000
can replace the money you bought it with
9929
05:33:52,000 --> 05:33:54,160
and some. Let me put some real numbers
9930
05:33:54,160 --> 05:33:57,920
to this. So the average American spends
9931
05:33:57,920 --> 05:34:03,280
$1,500 a month on 96 hours of work. And
9932
05:34:03,280 --> 05:34:05,600
that breaks down roughly to cleaning
9933
05:34:05,600 --> 05:34:09,280
their house, cleaning their clothes,
9934
05:34:09,280 --> 05:34:12,160
buying food, preparing food, and
9935
05:34:12,160 --> 05:34:14,160
cleaning food. I'm not even going to get
9936
05:34:14,160 --> 05:34:16,638
into the 4 hours a day that the average
9937
05:34:16,638 --> 05:34:18,080
person spends on social media and
9938
05:34:18,080 --> 05:34:19,280
watching television. You're going to
9939
05:34:19,280 --> 05:34:20,320
keep doing that, so I'm not even going
9940
05:34:20,320 --> 05:34:22,000
to try to convince you not to. But if
9941
05:34:22,000 --> 05:34:23,520
you just replace those things that you
9942
05:34:23,520 --> 05:34:25,280
probably don't want to do, it costs
9943
05:34:25,280 --> 05:34:27,440
about $1,500 per month. And so as long
9944
05:34:27,440 --> 05:34:30,320
as you make more than $15 per hour,
9945
05:34:30,320 --> 05:34:32,000
because it cost about 96 hours to
9946
05:34:32,000 --> 05:34:33,840
replace those activities, which means if
9947
05:34:33,840 --> 05:34:35,600
I can replace 96 hours of work for
9948
05:34:35,600 --> 05:34:38,718
$1,500, and it's also 96 hours of
9949
05:34:38,718 --> 05:34:41,360
draining work. Like it expends energy.
9950
05:34:41,360 --> 05:34:42,958
It's not like you just sit there for 96
9951
05:34:42,958 --> 05:34:44,558
hours, you're actually getting actively
9952
05:34:44,558 --> 05:34:47,200
tired from doing that stuff. If you took
9953
05:34:47,200 --> 05:34:48,718
that same thing and if you make more
9954
05:34:48,718 --> 05:34:51,120
than $15 per hour in your active job, it
9955
05:34:51,120 --> 05:34:53,760
makes sense. It's the logical decision
9956
05:34:53,760 --> 05:34:56,000
for you to buy that and then go make
9957
05:34:56,000 --> 05:34:57,440
more because you're also going to make
9958
05:34:57,440 --> 05:35:00,480
money twice. Not only are you going to
9959
05:35:00,480 --> 05:35:02,638
save the time and then work and make
9960
05:35:02,638 --> 05:35:05,040
more, but you also get better at your
9961
05:35:05,040 --> 05:35:07,040
job because all of those extra hours
9962
05:35:07,040 --> 05:35:09,120
aren't just making you more money.
9963
05:35:09,120 --> 05:35:10,878
You're also becoming more skilled. So,
9964
05:35:10,878 --> 05:35:13,520
you get better faster. And so if I have
9965
05:35:13,520 --> 05:35:16,000
a year-long guy where he spends $1,500 a
9966
05:35:16,000 --> 05:35:18,160
month to replace all of those things at
9967
05:35:18,160 --> 05:35:20,080
the end of that year, not only does he
9968
05:35:20,080 --> 05:35:21,520
have more money at the end end of the
9969
05:35:21,520 --> 05:35:23,440
year, but because he had an extra 100
9970
05:35:23,440 --> 05:35:26,400
hours of high energy time that he didn't
9971
05:35:26,400 --> 05:35:29,200
have to spend per month, he's getting
9972
05:35:29,200 --> 05:35:32,878
50% better per year. And so that assumes
9973
05:35:32,878 --> 05:35:34,958
that he doesn't get rewarded in his work
9974
05:35:34,958 --> 05:35:36,958
for getting better, which by the way, in
9975
05:35:36,958 --> 05:35:39,200
reality, you typically do as long as you
9976
05:35:39,200 --> 05:35:41,680
ask. who you compare yourself to, not
9977
05:35:41,680 --> 05:35:43,520
who you spend your most time with, will
9978
05:35:43,520 --> 05:35:45,120
be the highest predictor of how much you
9979
05:35:45,120 --> 05:35:47,760
make. And so we are motivated by the
9980
05:35:47,760 --> 05:35:49,680
things that we lack. And so if you're
9981
05:35:49,680 --> 05:35:51,440
very hungry, it's because you lack food.
9982
05:35:51,440 --> 05:35:53,440
If you lack sleep, you're very tired.
9983
05:35:53,440 --> 05:35:55,840
You're very motivated to sleep. And so
9984
05:35:55,840 --> 05:35:57,280
if you want to be motivated to make
9985
05:35:57,280 --> 05:35:58,958
money, it's not enough to not have
9986
05:35:58,958 --> 05:36:02,240
money. You have to have a desire to make
9987
05:36:02,240 --> 05:36:04,558
a lot more money. And the strongest way
9988
05:36:04,558 --> 05:36:08,080
to create that desire is to visually see
9989
05:36:08,080 --> 05:36:09,760
the people who are making far more than
9990
05:36:09,760 --> 05:36:12,080
you. And so it's about who you compare
9991
05:36:12,080 --> 05:36:13,920
yourself to, not who you spend time
9992
05:36:13,920 --> 05:36:15,760
with. Fundamentally, the richest man in
9993
05:36:15,760 --> 05:36:17,040
the world only spends time with people
9994
05:36:17,040 --> 05:36:18,718
poorer than him. But he continues to get
9995
05:36:18,718 --> 05:36:20,400
richer because he's comparing himself to
9996
05:36:20,400 --> 05:36:22,240
the future version of himself. That's
9997
05:36:22,240 --> 05:36:23,520
his reference point. That's his
9998
05:36:23,520 --> 05:36:25,040
reference group. And when you start out,
9999
05:36:25,040 --> 05:36:27,040
there's real people. As you evolve, it
10000
05:36:27,040 --> 05:36:29,440
becomes imaginary. I heard this quote
10001
05:36:29,440 --> 05:36:31,280
from one person to another when I was
10002
05:36:31,280 --> 05:36:32,480
walking through the street and he was
10003
05:36:32,480 --> 05:36:36,240
talking about buying something that was
10004
05:36:36,240 --> 05:36:38,878
a no a no return investment. Let's call
10005
05:36:38,878 --> 05:36:41,840
it a big toy. And he said there will
10006
05:36:41,840 --> 05:36:44,000
always be time to make money later. And
10007
05:36:44,000 --> 05:36:47,200
I remember hearing that and thinking
10008
05:36:47,200 --> 05:36:51,400
that's what someone who's poor says.
10009
05:36:52,000 --> 05:36:54,798
And so to be clear, I think if you want
10010
05:36:54,798 --> 05:36:57,440
to enjoy life, by all means do it. This
10011
05:36:57,440 --> 05:36:59,280
video is about making more money. That's
10012
05:36:59,280 --> 05:37:01,040
the stated objective. And so that's what
10013
05:37:01,040 --> 05:37:04,160
I'm talking about. And so the idea that
10014
05:37:04,160 --> 05:37:07,920
you're going to spend now, work later is
10015
05:37:07,920 --> 05:37:10,558
the fundamental crux of poverty.
10016
05:37:10,558 --> 05:37:12,240
And so you have to break that with all
10017
05:37:12,240 --> 05:37:15,040
your heart. And when you have those
10018
05:37:15,040 --> 05:37:16,480
people around you, and this was a toy,
10019
05:37:16,480 --> 05:37:18,798
but it could be let's go out, we it
10020
05:37:18,798 --> 05:37:21,600
always comes under the guise of yolo. We
10021
05:37:21,600 --> 05:37:23,840
have to live life. But everyone who says
10022
05:37:23,840 --> 05:37:26,798
that assumes that getting better and
10023
05:37:26,798 --> 05:37:29,760
learning is not life
10024
05:37:29,760 --> 05:37:33,120
and is not living. And for me, the
10025
05:37:33,120 --> 05:37:35,200
purpose of my life is to learn as much
10026
05:37:35,200 --> 05:37:37,520
as I can and pay down ignorance as much
10027
05:37:37,520 --> 05:37:39,360
as I possibly can and squeeze the last
10028
05:37:39,360 --> 05:37:41,920
drop of potential out of me that I can.
10029
05:37:41,920 --> 05:37:43,520
And the way that I do that is through
10030
05:37:43,520 --> 05:37:45,600
learning. And so for every person that
10031
05:37:45,600 --> 05:37:48,638
asks you to sacrifice working now so
10032
05:37:48,638 --> 05:37:50,798
that you can have fun now, just make
10033
05:37:50,798 --> 05:37:52,160
sure you know the trade you're making.
10034
05:37:52,160 --> 05:37:53,920
I'll be real with you. There's no
10035
05:37:53,920 --> 05:37:56,240
perfect way to live your 20s or even
10036
05:37:56,240 --> 05:37:58,958
your 30s. You either end up an
10037
05:37:58,958 --> 05:38:02,400
underkilled 30-year-old or 40-year-old
10038
05:38:02,400 --> 05:38:05,920
or an underlived 30-year-old or
10039
05:38:05,920 --> 05:38:08,558
40-year-old. And so, fundamentally, it's
10040
05:38:08,558 --> 05:38:11,200
not either or, but knowing the trade-off
10041
05:38:11,200 --> 05:38:12,878
and living with the consequences because
10042
05:38:12,878 --> 05:38:15,040
you can't do them over. And on a
10043
05:38:15,040 --> 05:38:17,760
personal note, I sacrificed or said
10044
05:38:17,760 --> 05:38:20,638
differently, invested my 20s in order to
10045
05:38:20,638 --> 05:38:24,160
have lots of skills and underlived.
10046
05:38:24,160 --> 05:38:28,558
But in that same time period, I built to
10047
05:38:28,558 --> 05:38:31,680
where I am now. And I genuinely am very
10048
05:38:31,680 --> 05:38:34,480
happy with where I am now in life. And I
10049
05:38:34,480 --> 05:38:36,400
would not redo those years to have quote
10050
05:38:36,400 --> 05:38:39,280
lived more because the real secret is as
10051
05:38:39,280 --> 05:38:42,718
I was doing it, I loved the game. And so
10052
05:38:42,718 --> 05:38:44,798
some of the best moments of my life when
10053
05:38:44,798 --> 05:38:46,240
I look back were some of the moments
10054
05:38:46,240 --> 05:38:47,680
that I felt like I was struggling the
10055
05:38:47,680 --> 05:38:49,440
most because it was when I underwent the
10056
05:38:49,440 --> 05:38:51,600
most growth. And so it's interesting
10057
05:38:51,600 --> 05:38:52,958
because the pain that you go through in
10058
05:38:52,958 --> 05:38:54,400
the moment often becomes the purpose
10059
05:38:54,400 --> 05:38:56,240
that you look back on in your life. And
10060
05:38:56,240 --> 05:38:58,000
so the idea that we want to avoid pain
10061
05:38:58,000 --> 05:39:00,160
so that we can live today I think
10062
05:39:00,160 --> 05:39:01,680
conflates reality because when you look
10063
05:39:01,680 --> 05:39:03,280
back on your life a lot of times those
10064
05:39:03,280 --> 05:39:04,798
are the things that define you. And so
10065
05:39:04,798 --> 05:39:06,000
we should be seeking those out not
10066
05:39:06,000 --> 05:39:07,920
running away from them. So if you're not
10067
05:39:07,920 --> 05:39:10,320
sure who you compare yourself to versus
10068
05:39:10,320 --> 05:39:12,080
who you spend time with when you're
10069
05:39:12,080 --> 05:39:14,558
about to make a big decision, the people
10070
05:39:14,558 --> 05:39:16,638
who come up in your mind who you're
10071
05:39:16,638 --> 05:39:18,000
weighing their opinions on your
10072
05:39:18,000 --> 05:39:20,160
decision, those are your reference group
10073
05:39:20,160 --> 05:39:22,240
people. The people whose opinion you
10074
05:39:22,240 --> 05:39:24,798
care about. And so if all your friends,
10075
05:39:24,798 --> 05:39:27,040
for example, are billionaires and they
10076
05:39:27,040 --> 05:39:29,200
all sacrificed their 20s, got rid of
10077
05:39:29,200 --> 05:39:30,480
their friends, got rid of their material
10078
05:39:30,480 --> 05:39:31,760
belonging, spent all their time working
10079
05:39:31,760 --> 05:39:33,280
for free so that they could learn this
10080
05:39:33,280 --> 05:39:35,040
big skill set and then doubled down in
10081
05:39:35,040 --> 05:39:36,558
their late 20s and then made it big by
10082
05:39:36,558 --> 05:39:39,040
the time they were in their 30s and 40s.
10083
05:39:39,040 --> 05:39:41,040
Those people, if that was your reference
10084
05:39:41,040 --> 05:39:43,040
group, if you're thinking about leaving
10085
05:39:43,040 --> 05:39:44,080
home, what do you think that reference
10086
05:39:44,080 --> 05:39:46,160
group's going to say? For sure. And
10087
05:39:46,160 --> 05:39:48,878
because of that, you're out the door.
10088
05:39:48,878 --> 05:39:50,000
And so whenever you have these
10089
05:39:50,000 --> 05:39:51,600
frictional moments where you are like, I
10090
05:39:51,600 --> 05:39:54,320
think I should do this, but whoever that
10091
05:39:54,320 --> 05:39:56,080
person is, whoever that voice is, if
10092
05:39:56,080 --> 05:39:58,080
they don't have what you want, don't
10093
05:39:58,080 --> 05:40:00,558
listen to what they say. Only listen to
10094
05:40:00,558 --> 05:40:02,638
other people's opinions about your life
10095
05:40:02,638 --> 05:40:04,638
if their dreams for you are bigger than
10096
05:40:04,638 --> 05:40:07,440
yours. If they're not, disregard.
10097
05:40:07,440 --> 05:40:10,878
Invest, then spend the rest. So the idea
10098
05:40:10,878 --> 05:40:13,200
is that you invest first and then spend
10099
05:40:13,200 --> 05:40:14,958
what's left over. And so an interesting
10100
05:40:14,958 --> 05:40:16,400
thing is that Switzerland has the
10101
05:40:16,400 --> 05:40:18,080
highest per capita millionaires in the
10102
05:40:18,080 --> 05:40:21,200
world without having the highest GDP or
10103
05:40:21,200 --> 05:40:23,520
even GDP per capita. And so how are they
10104
05:40:23,520 --> 05:40:24,958
able to do that? That means that they
10105
05:40:24,958 --> 05:40:26,718
have different rules around money, which
10106
05:40:26,718 --> 05:40:28,718
is what this video is about. And so if
10107
05:40:28,718 --> 05:40:31,120
we adopt those rules, we can get those
10108
05:40:31,120 --> 05:40:32,878
outcomes, which means these are just
10109
05:40:32,878 --> 05:40:34,400
decisions that we get to make. And the
10110
05:40:34,400 --> 05:40:36,240
easiest way to do that is you take what
10111
05:40:36,240 --> 05:40:38,558
you need off the top and then you spend
10112
05:40:38,558 --> 05:40:41,440
the rest on what you want. And so it
10113
05:40:41,440 --> 05:40:43,200
comes down to saying that you need your
10114
05:40:43,200 --> 05:40:45,760
future. You need your future self to be
10115
05:40:45,760 --> 05:40:47,680
bigger than your current self today. And
10116
05:40:47,680 --> 05:40:50,480
so you invest first and then you spend
10117
05:40:50,480 --> 05:40:53,600
the rest. And so the way that I like to
10118
05:40:53,600 --> 05:40:55,680
think about this is point 16. This is
10119
05:40:55,680 --> 05:40:57,600
how we operationalize this, which is
10120
05:40:57,600 --> 05:40:59,680
automate investing and then create
10121
05:40:59,680 --> 05:41:02,400
friction around spending. And so you
10122
05:41:02,400 --> 05:41:04,558
want to take the money off before you
10123
05:41:04,558 --> 05:41:06,400
see it. If your job, for example, has a
10124
05:41:06,400 --> 05:41:07,840
way that they can automatically skim off
10125
05:41:07,840 --> 05:41:09,200
your paycheck and put it into some sort
10126
05:41:09,200 --> 05:41:11,200
of investment stuff, do it. If they
10127
05:41:11,200 --> 05:41:13,680
don't have that, have one of these apps
10128
05:41:13,680 --> 05:41:16,320
that does segmentation or has multiple
10129
05:41:16,320 --> 05:41:17,680
bank accounts that you can say, "This
10130
05:41:17,680 --> 05:41:19,040
automatically goes here. This
10131
05:41:19,040 --> 05:41:20,638
automatically goes here, and I don't
10132
05:41:20,638 --> 05:41:23,440
touch this." And if you want to get real
10133
05:41:23,440 --> 05:41:25,440
crazy, the advanced version of this is
10134
05:41:25,440 --> 05:41:27,840
that as you make more money, you keep
10135
05:41:27,840 --> 05:41:30,558
what you're living the spend the rest
10136
05:41:30,558 --> 05:41:32,878
part, instead of making it a percentage,
10137
05:41:32,878 --> 05:41:34,958
make it a fixed amount. And then as you
10138
05:41:34,958 --> 05:41:36,480
make more, you're just investing more
10139
05:41:36,480 --> 05:41:39,040
and more and more into the future. Now,
10140
05:41:39,040 --> 05:41:40,240
you're like, "Well, how do I invest in
10141
05:41:40,240 --> 05:41:41,840
the future if I'm just starting out?"
10142
05:41:41,840 --> 05:41:44,160
The future is you. But you're making
10143
05:41:44,160 --> 05:41:45,360
sure that when you're investing that
10144
05:41:45,360 --> 05:41:46,798
money, you know, whether you're buying
10145
05:41:46,798 --> 05:41:48,480
declarative knowledge or you're buying
10146
05:41:48,480 --> 05:41:50,000
procedural knowledge, you're learning
10147
05:41:50,000 --> 05:41:51,680
about stuff that you need to learn or
10148
05:41:51,680 --> 05:41:53,360
you're learning how to do it. And the
10149
05:41:53,360 --> 05:41:56,080
longer you do this, the easier it gets.
10150
05:41:56,080 --> 05:41:57,520
For the record, I have zero
10151
05:41:57,520 --> 05:42:02,240
Lamborghinis, zero Rolexes, zero jets,
10152
05:42:02,240 --> 05:42:04,638
while also being able to buy multiple of
10153
05:42:04,638 --> 05:42:08,240
these every single month. And so, the
10154
05:42:08,240 --> 05:42:12,240
idea is you start to become addicted to
10155
05:42:12,240 --> 05:42:14,878
getting good. And once you get that
10156
05:42:14,878 --> 05:42:16,240
first little reward of seeing an
10157
05:42:16,240 --> 05:42:18,240
investment that you made in yourself
10158
05:42:18,240 --> 05:42:19,920
start paying off, you see your income go
10159
05:42:19,920 --> 05:42:21,680
up, you start making more money, you're
10160
05:42:21,680 --> 05:42:23,680
like, "Oh my god, this game is awesome."
10161
05:42:23,680 --> 05:42:26,080
And so that flow of investment that
10162
05:42:26,080 --> 05:42:29,200
comes to you is one of the best games
10163
05:42:29,200 --> 05:42:31,360
that you want to win for yourself. You
10164
05:42:31,360 --> 05:42:33,120
want to just keep seeing keep making
10165
05:42:33,120 --> 05:42:35,120
cash flow PRs. Keep making that
10166
05:42:35,120 --> 05:42:37,760
investment account PR and hit records in
10167
05:42:37,760 --> 05:42:39,600
that account. And if you get addicted to
10168
05:42:39,600 --> 05:42:41,760
that game, if you can just do that from
10169
05:42:41,760 --> 05:42:43,040
everything in this video, you've already
10170
05:42:43,040 --> 05:42:45,280
won. And so you want to automate
10171
05:42:45,280 --> 05:42:49,040
deposits and manualize withdrawals. So
10172
05:42:49,040 --> 05:42:51,440
everything that is automatic in terms
10173
05:42:51,440 --> 05:42:53,200
like your rent, you want to write it as
10174
05:42:53,200 --> 05:42:56,718
a check. If you or drop it off as cash,
10175
05:42:56,718 --> 05:42:58,480
if you have payments that you make like
10176
05:42:58,480 --> 05:43:00,000
a car payment, as much as you're like,
10177
05:43:00,000 --> 05:43:02,000
"Wait, this is going to cost time." The
10178
05:43:02,000 --> 05:43:03,840
value that you get back for knowing
10179
05:43:03,840 --> 05:43:06,000
exactly where you spend your money is
10180
05:43:06,000 --> 05:43:07,840
going to make you more money than the
10181
05:43:07,840 --> 05:43:09,360
one hour a month that you have to pay
10182
05:43:09,360 --> 05:43:12,240
your bills. That is a promise. And so
10183
05:43:12,240 --> 05:43:14,878
that may also mean if you make it
10184
05:43:14,878 --> 05:43:16,958
difficult to buy, well then maybe you
10185
05:43:16,958 --> 05:43:19,040
delete some of the apps on your phone,
10186
05:43:19,040 --> 05:43:20,718
maybe you don't save your credit cards
10187
05:43:20,718 --> 05:43:22,000
on the sites that you tend to spend
10188
05:43:22,000 --> 05:43:24,080
money on. You want to make it as hard as
10189
05:43:24,080 --> 05:43:26,638
you can to spend money and make it as
10190
05:43:26,638 --> 05:43:30,798
easy as possible to stack it. Number 17,
10191
05:43:30,798 --> 05:43:33,120
it's easier to make a million than it is
10192
05:43:33,120 --> 05:43:36,320
to make $100,000. And let me explain. If
10193
05:43:36,320 --> 05:43:38,240
I told you to go down the block, you
10194
05:43:38,240 --> 05:43:41,520
would go at a certain speed. If I said
10195
05:43:41,520 --> 05:43:43,840
go as fast as you possibly can, at some
10196
05:43:43,840 --> 05:43:45,360
point you'd run and then you'd improve
10197
05:43:45,360 --> 05:43:46,638
your form and you get better footwear
10198
05:43:46,638 --> 05:43:48,080
and then you'd change your clothes, but
10199
05:43:48,080 --> 05:43:49,760
at some point you wouldn't be able to
10200
05:43:49,760 --> 05:43:51,440
run any harder or any faster to get
10201
05:43:51,440 --> 05:43:53,840
there. But if I said, "I need you to go
10202
05:43:53,840 --> 05:43:56,638
five blocks." You might be like, "Huh,
10203
05:43:56,638 --> 05:43:58,638
okay." Now, some people will then try to
10204
05:43:58,638 --> 05:44:02,000
walk or run that, but the smart cookie
10205
05:44:02,000 --> 05:44:05,520
then says, "Huh, I could take a car and
10206
05:44:05,520 --> 05:44:08,480
I would go a hell of a lot faster." And
10207
05:44:08,480 --> 05:44:10,718
if I'm speeding in my car, I'll probably
10208
05:44:10,718 --> 05:44:12,400
get to the fifth block before the other
10209
05:44:12,400 --> 05:44:14,638
guy gets to the end of the first block.
10210
05:44:14,638 --> 05:44:17,680
And so the magic of thinking bigger is
10211
05:44:17,680 --> 05:44:20,958
that you change your solution set.
10212
05:44:20,958 --> 05:44:23,280
Meaning you use different tools to
10213
05:44:23,280 --> 05:44:25,200
accomplish the objective. The reason
10214
05:44:25,200 --> 05:44:26,958
$100,000 per year is the hardest amount
10215
05:44:26,958 --> 05:44:29,200
of money to make is because it assumes
10216
05:44:29,200 --> 05:44:31,280
for most people that they will trade
10217
05:44:31,280 --> 05:44:33,280
their time in terms of hourly wages or
10218
05:44:33,280 --> 05:44:35,120
salary in traditional work in order to
10219
05:44:35,120 --> 05:44:37,120
get it. And so they have to spend all of
10220
05:44:37,120 --> 05:44:38,320
their time in order to make the
10221
05:44:38,320 --> 05:44:39,920
$100,000.
10222
05:44:39,920 --> 05:44:42,400
But if I said make a million or even 10
10223
05:44:42,400 --> 05:44:44,240
million before the world explodes, you
10224
05:44:44,240 --> 05:44:46,320
would know that you would have to use a
10225
05:44:46,320 --> 05:44:48,558
different way of solving that problem.
10226
05:44:48,558 --> 05:44:51,040
And so the reason it's easier to make a
10227
05:44:51,040 --> 05:44:54,958
million or $10 million is because you
10228
05:44:54,958 --> 05:44:58,798
can do it in less time with more skill
10229
05:44:58,798 --> 05:45:01,120
if you start solving for the skills
10230
05:45:01,120 --> 05:45:03,120
required to make a million or $10
10231
05:45:03,120 --> 05:45:06,400
million. You don't want to love money.
10232
05:45:06,400 --> 05:45:08,400
You want to learn to love making money.
10233
05:45:08,400 --> 05:45:10,320
So there's two misconceptions and then
10234
05:45:10,320 --> 05:45:12,400
one truth around this. The first
10235
05:45:12,400 --> 05:45:14,320
misconception is money is the root of
10236
05:45:14,320 --> 05:45:17,040
all evil. And then that obviously is a
10237
05:45:17,040 --> 05:45:20,160
quote from the Bible, 1 Timothy 6:10.
10238
05:45:20,160 --> 05:45:22,878
The 2011 version, someone says, "No,
10239
05:45:22,878 --> 05:45:24,320
it's not money that's the root of all
10240
05:45:24,320 --> 05:45:26,080
evil. It's the love of money that's the
10241
05:45:26,080 --> 05:45:28,080
root of all evil." But that's just the
10242
05:45:28,080 --> 05:45:32,080
2011 version. The actual translation,
10243
05:45:32,080 --> 05:45:34,480
there's five translations for it. And
10244
05:45:34,480 --> 05:45:38,558
four of the five are the love of money
10245
05:45:38,558 --> 05:45:41,360
is the root of all kinds of evil.
10246
05:45:41,360 --> 05:45:45,200
Meaning, if you desire money more than
10247
05:45:45,200 --> 05:45:47,920
anything else, then you will commit the
10248
05:45:47,920 --> 05:45:50,718
other sins in order to attain it. And so
10249
05:45:50,718 --> 05:45:53,520
the idea is that it's only a pathway
10250
05:45:53,520 --> 05:45:56,400
that has a high likelihood of causing
10251
05:45:56,400 --> 05:45:58,718
you to do things that are unethical or
10252
05:45:58,718 --> 05:46:02,240
immoral. And so there's this huge
10253
05:46:02,240 --> 05:46:04,400
terrible paradigm in society that money
10254
05:46:04,400 --> 05:46:07,280
is somehow good or bad. It is just
10255
05:46:07,280 --> 05:46:09,280
potential energy. It's just bottled
10256
05:46:09,280 --> 05:46:12,080
time. And that bottled time can build
10257
05:46:12,080 --> 05:46:14,240
bombs. That bottled time can build
10258
05:46:14,240 --> 05:46:16,080
hospitals. It can build wells. It can
10259
05:46:16,080 --> 05:46:17,680
build schools. It can make YouTube
10260
05:46:17,680 --> 05:46:20,958
videos that educate. And so the idea
10261
05:46:20,958 --> 05:46:23,520
that you're afraid to make money means
10262
05:46:23,520 --> 05:46:26,240
that you're afraid of having power. And
10263
05:46:26,240 --> 05:46:27,680
maybe you should be afraid of having
10264
05:46:27,680 --> 05:46:30,000
power because maybe you'd misuse it. But
10265
05:46:30,000 --> 05:46:32,400
if you do want to help the world, then
10266
05:46:32,400 --> 05:46:34,320
all it's going to do is amplify your
10267
05:46:34,320 --> 05:46:36,958
ability to do that. And if you have that
10268
05:46:36,958 --> 05:46:40,798
mission on your heart or in your mind,
10269
05:46:40,798 --> 05:46:43,120
then it's your duty to remove everything
10270
05:46:43,120 --> 05:46:46,320
else in your [ __ ] way to go get it.
10271
05:46:46,320 --> 05:46:48,320
The more money you make other people,
10272
05:46:48,320 --> 05:46:50,240
the more money you make. And so the
10273
05:46:50,240 --> 05:46:51,680
amount of money that you will be able to
10274
05:46:51,680 --> 05:46:53,600
make in your career comes down to three
10275
05:46:53,600 --> 05:46:55,840
variables. Number one is the value that
10276
05:46:55,840 --> 05:46:58,320
you're able to create in total for all
10277
05:46:58,320 --> 05:47:01,360
of the people you create it for. Times
10278
05:47:01,360 --> 05:47:03,680
your ability to negotiate how much of
10279
05:47:03,680 --> 05:47:06,480
that value you're able to get. Times
10280
05:47:06,480 --> 05:47:09,600
number three, which is the amount of
10281
05:47:09,600 --> 05:47:11,600
other people who can also create that
10282
05:47:11,600 --> 05:47:14,000
value. And you have to have all three
10283
05:47:14,000 --> 05:47:16,240
because for example, if you develop a
10284
05:47:16,240 --> 05:47:18,480
skill of sales and you can create
10285
05:47:18,480 --> 05:47:20,080
millions of dollars in value for a
10286
05:47:20,080 --> 05:47:22,080
company and you're really good at
10287
05:47:22,080 --> 05:47:24,958
negotiating, then in theory you'd get
10288
05:47:24,958 --> 05:47:26,480
millions and millions of dollars from
10289
05:47:26,480 --> 05:47:28,400
that company. But if somebody else is
10290
05:47:28,400 --> 05:47:30,958
willing to work for a few hundred,000 a
10291
05:47:30,958 --> 05:47:33,360
year in order to make that value, then
10292
05:47:33,360 --> 05:47:35,520
your position disappears. And so that
10293
05:47:35,520 --> 05:47:37,920
gives us the blueprint for making money
10294
05:47:37,920 --> 05:47:39,840
is that not only do you want to be able
10295
05:47:39,840 --> 05:47:41,680
to create that value, you want to be
10296
05:47:41,680 --> 05:47:43,600
able to create a value in a way that no
10297
05:47:43,600 --> 05:47:45,440
one else can. And the way that you do
10298
05:47:45,440 --> 05:47:49,040
that is not by, in my opinion, learning
10299
05:47:49,040 --> 05:47:51,760
some incredibly secret unique skill.
10300
05:47:51,760 --> 05:47:54,878
What makes skills unique is the skill
10301
05:47:54,878 --> 05:47:57,920
set. It's the stack of skills together
10302
05:47:57,920 --> 05:48:00,160
that create the uniqueness. If someone
10303
05:48:00,160 --> 05:48:02,878
else has to try and recreate something I
10304
05:48:02,878 --> 05:48:04,958
could do, they would have to have lived
10305
05:48:04,958 --> 05:48:08,558
my life. And so your life and the time
10306
05:48:08,558 --> 05:48:10,558
you spend becomes your competitive
10307
05:48:10,558 --> 05:48:12,240
advantage. It becomes your asset. It
10308
05:48:12,240 --> 05:48:14,400
becomes the moat that other people can't
10309
05:48:14,400 --> 05:48:16,558
chip into. They'd have to go through
10310
05:48:16,558 --> 05:48:18,400
being a competitive fitness person and
10311
05:48:18,400 --> 05:48:20,958
then go through owning lots of gyms and
10312
05:48:20,958 --> 05:48:23,040
then go through doing turnarounds across
10313
05:48:23,040 --> 05:48:24,878
the country and then go through doing a
10314
05:48:24,878 --> 05:48:26,798
licensing business and then go through
10315
05:48:26,798 --> 05:48:28,558
making a supplement business and then go
10316
05:48:28,558 --> 05:48:30,000
through launching a meal prep business
10317
05:48:30,000 --> 05:48:31,920
and then also starting a software
10318
05:48:31,920 --> 05:48:33,920
company and then going through an exit
10319
05:48:33,920 --> 05:48:35,920
for both and then starting a private
10320
05:48:35,920 --> 05:48:37,920
equity. They'd have to do so much stuff.
10321
05:48:37,920 --> 05:48:39,200
There are so many skills that are
10322
05:48:39,200 --> 05:48:43,120
required. Your time is your weapon if
10323
05:48:43,120 --> 05:48:45,440
you invest it wisely. And the one thing
10324
05:48:45,440 --> 05:48:47,120
that I would leave you with is that
10325
05:48:47,120 --> 05:48:49,760
money loves speed.
10326
05:48:49,760 --> 05:48:52,958
Wealth loves time. Poverty loves
10327
05:48:52,958 --> 05:48:54,798
indecision. I spend more time than I
10328
05:48:54,798 --> 05:48:56,320
deserve with billionaires and
10329
05:48:56,320 --> 05:48:58,400
multi-billionaires. And something I
10330
05:48:58,400 --> 05:49:00,080
noticed is that all of them share
10331
05:49:00,080 --> 05:49:02,240
similar behavior patterns. And there's
10332
05:49:02,240 --> 05:49:04,558
11 that I found. And the best part is
10333
05:49:04,558 --> 05:49:06,000
you can steal just about every single
10334
05:49:06,000 --> 05:49:07,760
one of them. Enjoy. I crossed $100
10335
05:49:07,760 --> 05:49:10,480
million in net worth at age 31. I'm 35,
10336
05:49:10,480 --> 05:49:12,480
significantly higher than that now. And
10337
05:49:12,480 --> 05:49:14,480
I have the privilege of talking to lots
10338
05:49:14,480 --> 05:49:15,840
of people who are at billion dollar
10339
05:49:15,840 --> 05:49:17,440
plus. And so in this video, I want to
10340
05:49:17,440 --> 05:49:19,200
break down a handful of themes that I've
10341
05:49:19,200 --> 05:49:20,638
seen repeated that can make you
10342
05:49:20,638 --> 05:49:22,480
significantly more successful. The rich
10343
05:49:22,480 --> 05:49:25,520
by time, the poor by stuff, ambitious
10344
05:49:25,520 --> 05:49:28,798
people by skills, and lazy people by
10345
05:49:28,798 --> 05:49:30,878
distractions. As much as these seem like
10346
05:49:30,878 --> 05:49:33,120
four different groups, it's really like
10347
05:49:33,120 --> 05:49:35,920
you have these pairings. Rich people use
10348
05:49:35,920 --> 05:49:38,718
money to buy time. Ambitious people use
10349
05:49:38,718 --> 05:49:40,878
time to buy skills. And the reason it's
10350
05:49:40,878 --> 05:49:42,718
ambitious people is because generational
10351
05:49:42,718 --> 05:49:45,280
wealth isn't transferred through assets.
10352
05:49:45,280 --> 05:49:47,520
It's not transferred through stuff. It's
10353
05:49:47,520 --> 05:49:49,120
transferred through education. It's
10354
05:49:49,120 --> 05:49:50,638
transferred through skills. And so
10355
05:49:50,638 --> 05:49:52,400
there's this Sanskrit proverb that I
10356
05:49:52,400 --> 05:49:54,638
love. If you have a good son, you don't
10357
05:49:54,638 --> 05:49:56,638
need to accumulate wealth. If you have a
10358
05:49:56,638 --> 05:49:58,160
bad son, there's no point in
10359
05:49:58,160 --> 05:49:59,680
accumulating wealth. And so the idea
10360
05:49:59,680 --> 05:50:02,160
that you're going to pass on your wealth
10361
05:50:02,160 --> 05:50:04,558
to a child who doesn't have the skills
10362
05:50:04,558 --> 05:50:06,080
makes it irrelevant because
10363
05:50:06,080 --> 05:50:08,240
fundamentally either it is a good son
10364
05:50:08,240 --> 05:50:10,958
who has skills and then if the son has
10365
05:50:10,958 --> 05:50:12,558
skills then whether you transfer the
10366
05:50:12,558 --> 05:50:14,718
wealth or not makes the wealth itself
10367
05:50:14,718 --> 05:50:16,160
irrelevant. And I find that there's so
10368
05:50:16,160 --> 05:50:17,760
many things that are like this in wealth
10369
05:50:17,760 --> 05:50:19,120
creation that you don't understand until
10370
05:50:19,120 --> 05:50:20,480
you're on the other side of it because
10371
05:50:20,480 --> 05:50:22,638
the answers that you're looking for are
10372
05:50:22,638 --> 05:50:24,798
not in your newsfeed. They are not in
10373
05:50:24,798 --> 05:50:26,798
the distraction. And so the vast
10374
05:50:26,798 --> 05:50:28,480
majority of lazy people that I have
10375
05:50:28,480 --> 05:50:30,400
encountered continue to distract
10376
05:50:30,400 --> 05:50:33,600
themselves because the difficulty of
10377
05:50:33,600 --> 05:50:35,120
looking at themselves in the mirror and
10378
05:50:35,120 --> 05:50:37,600
saying I am inadequate is too painful.
10379
05:50:37,600 --> 05:50:39,840
And so instead they would rather watch
10380
05:50:39,840 --> 05:50:42,080
fluff videos on the internet that make
10381
05:50:42,080 --> 05:50:44,958
them feel good and tickle their ears
10382
05:50:44,958 --> 05:50:47,600
rather than confront reality that they
10383
05:50:47,600 --> 05:50:48,958
are just not good enough. And so they
10384
05:50:48,958 --> 05:50:50,480
consume the stuff that's like I am
10385
05:50:50,480 --> 05:50:53,120
worthy. I deserve these things. In other
10386
05:50:53,120 --> 05:50:55,200
words, entitled to them, which by the
10387
05:50:55,200 --> 05:50:57,120
way, if you feel entitled to something,
10388
05:50:57,120 --> 05:50:58,480
then when you get it, you are never
10389
05:50:58,480 --> 05:50:59,520
grateful because you thought you
10390
05:50:59,520 --> 05:51:01,280
deserved it to begin with. We know that
10391
05:51:01,280 --> 05:51:02,878
gratitude, for example, is something
10392
05:51:02,878 --> 05:51:04,320
that increases your subjective
10393
05:51:04,320 --> 05:51:05,760
well-being in life, which is that you
10394
05:51:05,760 --> 05:51:07,200
enjoy life more when you are grateful
10395
05:51:07,200 --> 05:51:08,638
for what you get. Which means that you
10396
05:51:08,638 --> 05:51:11,200
have to, by very definition, expect
10397
05:51:11,200 --> 05:51:13,200
nothing, which means you're entitled to
10398
05:51:13,200 --> 05:51:15,200
nothing, which means that you deserve
10399
05:51:15,200 --> 05:51:17,600
nothing. In reality, you are worthy only
10400
05:51:17,600 --> 05:51:19,200
of the things that you currently have
10401
05:51:19,200 --> 05:51:20,558
because you have already gotten them.
10402
05:51:20,558 --> 05:51:22,558
You have proven that you can work a
10403
05:51:22,558 --> 05:51:24,480
minimum wage job, so you are worthy of
10404
05:51:24,480 --> 05:51:26,480
the compensation of minimum wage. And as
10405
05:51:26,480 --> 05:51:27,920
much as this is painful, and I'm sure
10406
05:51:27,920 --> 05:51:29,280
this will get clipped a hundred times to
10407
05:51:29,280 --> 05:51:30,958
show me as some evil rich guy, I'm
10408
05:51:30,958 --> 05:51:32,400
willing to take that hate for the few
10409
05:51:32,400 --> 05:51:34,240
people who will hear this message, and
10410
05:51:34,240 --> 05:51:36,320
decide to change the way they act. You
10411
05:51:36,320 --> 05:51:39,280
can be ambitious and distracted, which
10412
05:51:39,280 --> 05:51:41,520
keeps you poor. When I started out at my
10413
05:51:41,520 --> 05:51:44,240
peak, I had nine businesses because I
10414
05:51:44,240 --> 05:51:46,558
heard seven income streams make you
10415
05:51:46,558 --> 05:51:48,400
wealthy, but it doesn't. Seven income
10416
05:51:48,400 --> 05:51:50,400
streams just spread you seven ways. And
10417
05:51:50,400 --> 05:51:51,680
I had nine. I was like, "Well, seven
10418
05:51:51,680 --> 05:51:53,280
good. Nine must be better." To give you
10419
05:51:53,280 --> 05:51:55,040
context, I had a chiropractor agency. I
10420
05:51:55,040 --> 05:51:56,638
had a dental agency. I had a gym
10421
05:51:56,638 --> 05:51:58,160
turnaround business. And then I had at
10422
05:51:58,160 --> 05:52:00,080
the time six location. So there's nine.
10423
05:52:00,080 --> 05:52:02,798
Where it is? Boom. And I had partners in
10424
05:52:02,798 --> 05:52:04,638
each of these businesses. I was still
10425
05:52:04,638 --> 05:52:07,200
the one who was required to rain,
10426
05:52:07,200 --> 05:52:08,558
meaning I was the one who was required
10427
05:52:08,558 --> 05:52:10,958
to sell customers into all nine. If you
10428
05:52:10,958 --> 05:52:12,718
are required to work inside of the
10429
05:52:12,718 --> 05:52:14,240
business, then you can only really do
10430
05:52:14,240 --> 05:52:16,080
one job. And so when people hear that
10431
05:52:16,080 --> 05:52:18,320
someone has seven income streams, it's
10432
05:52:18,320 --> 05:52:19,920
because they own assets that generate
10433
05:52:19,920 --> 05:52:21,440
that kind of income. But in order to
10434
05:52:21,440 --> 05:52:24,638
gain the cash to then buy the assets
10435
05:52:24,638 --> 05:52:26,400
that create the cash flow, it requires
10436
05:52:26,400 --> 05:52:28,240
time and focus. Let me make focus real
10437
05:52:28,240 --> 05:52:30,160
for you. Focus is a very amorphous term.
10438
05:52:30,160 --> 05:52:32,878
Focus is measured by the amount of
10439
05:52:32,878 --> 05:52:35,600
things you say no to. And inversely, you
10440
05:52:35,600 --> 05:52:37,760
could measure it by how few things you
10441
05:52:37,760 --> 05:52:40,080
say yes to. meaning the most focused
10442
05:52:40,080 --> 05:52:42,558
person says only yes to one thing and
10443
05:52:42,558 --> 05:52:44,558
says no to literally everything else.
10444
05:52:44,558 --> 05:52:46,240
And so the next thing that separates the
10445
05:52:46,240 --> 05:52:50,480
rich from the poor is it's 100x not 2x.
10446
05:52:50,480 --> 05:52:53,520
And so this concept is one that I had
10447
05:52:53,520 --> 05:52:54,798
dinner with a friend of mine who's a
10448
05:52:54,798 --> 05:52:57,520
public CEO and I asked him what he had
10449
05:52:57,520 --> 05:52:58,958
done to grow the business. I think from
10450
05:52:58,958 --> 05:53:01,040
a $200 million market cap to a $1.2
10451
05:53:01,040 --> 05:53:03,600
billion market cap in less than 2 years.
10452
05:53:03,600 --> 05:53:05,840
All right. So that's absurd growth for a
10453
05:53:05,840 --> 05:53:07,280
company. And I was like, "So, you know,
10454
05:53:07,280 --> 05:53:08,558
what what are you doing primarily?" And
10455
05:53:08,558 --> 05:53:10,160
he said, "I'm shaking hands. I'm kissing
10456
05:53:10,160 --> 05:53:12,160
babies. I'm going to events all the
10457
05:53:12,160 --> 05:53:13,280
time." And I was like, "Well, how many?"
10458
05:53:13,280 --> 05:53:15,040
He's like, "Well, I'm going to do uh 66
10459
05:53:15,040 --> 05:53:17,040
events this quarter." And I was like,
10460
05:53:17,040 --> 05:53:18,638
"In person." He was like, "Yeah." I was
10461
05:53:18,638 --> 05:53:19,600
like, "Are they coming to you?" And he's
10462
05:53:19,600 --> 05:53:20,958
like, "No, I'm going to them." I want to
10463
05:53:20,958 --> 05:53:23,280
make this real. He has a wife. He has
10464
05:53:23,280 --> 05:53:25,760
kids. And before anyone listens and
10465
05:53:25,760 --> 05:53:27,760
says, I can't believe he Well, cool. He
10466
05:53:27,760 --> 05:53:29,760
makes trades. If anything, I would hope
10467
05:53:29,760 --> 05:53:31,520
that people watch this and say, "I
10468
05:53:31,520 --> 05:53:33,120
wouldn't make that trade." In which
10469
05:53:33,120 --> 05:53:35,040
case, great. Also, don't complain about
10470
05:53:35,040 --> 05:53:36,400
not having what somebody who has made
10471
05:53:36,400 --> 05:53:38,480
that trade made. And so, one of the big
10472
05:53:38,480 --> 05:53:39,920
misconceptions, by the way, this is a
10473
05:53:39,920 --> 05:53:42,000
sales thing, too, is that people want
10474
05:53:42,000 --> 05:53:43,760
your outcome their way. They want to
10475
05:53:43,760 --> 05:53:45,520
have their cake and eat it, too. They
10476
05:53:45,520 --> 05:53:47,040
want to say, "Hey, I want to not change
10477
05:53:47,040 --> 05:53:48,558
the way I'm eating. I want to not change
10478
05:53:48,558 --> 05:53:49,920
the way I'm living, but I want to have a
10479
05:53:49,920 --> 05:53:51,360
six-pack, and I want to be in shape. I
10480
05:53:51,360 --> 05:53:52,878
want to continue to live this way, and I
10481
05:53:52,878 --> 05:53:55,040
want to get the 10 chick or the 10 guy.
10482
05:53:55,040 --> 05:53:57,600
I want to continue with my work life
10483
05:53:57,600 --> 05:53:59,200
schedule as I currently have, but I want
10484
05:53:59,200 --> 05:54:01,120
to have hyperrowth." They are trades.
10485
05:54:01,120 --> 05:54:02,558
They're price tags. When you go to the
10486
05:54:02,558 --> 05:54:04,000
store, you either want the shoes and
10487
05:54:04,000 --> 05:54:04,958
you're willing to pay the price or
10488
05:54:04,958 --> 05:54:06,160
you're not willing to pay the price.
10489
05:54:06,160 --> 05:54:08,320
That's it. You can't pick the price for
10490
05:54:08,320 --> 05:54:10,240
the shoes. You pay it or you don't. My
10491
05:54:10,240 --> 05:54:12,558
telephone back to myself is that I
10492
05:54:12,558 --> 05:54:14,878
thought I worked a lot when I was
10493
05:54:14,878 --> 05:54:19,040
younger. And I did spend a lot of time
10494
05:54:19,040 --> 05:54:22,160
working, but I made so little progress
10495
05:54:22,160 --> 05:54:24,798
because a lot of that time I wasn't
10496
05:54:24,798 --> 05:54:27,280
actually creating output. I encourage
10497
05:54:27,280 --> 05:54:29,120
people to do something called the 12x30.
10498
05:54:29,120 --> 05:54:30,798
All right? It's It's very simple and
10499
05:54:30,798 --> 05:54:32,320
it's actually not as unsustainable as
10500
05:54:32,320 --> 05:54:33,920
people would think. You work 12 hours a
10501
05:54:33,920 --> 05:54:35,840
day for 30 days straight, no weekends.
10502
05:54:35,840 --> 05:54:38,320
By the last day, you realize one, you
10503
05:54:38,320 --> 05:54:41,040
aren't made of glass. Two, how much more
10504
05:54:41,040 --> 05:54:43,600
you could be working, three, how much
10505
05:54:43,600 --> 05:54:45,360
faster you could be achieving your
10506
05:54:45,360 --> 05:54:47,920
goals. Four, how much you could be
10507
05:54:47,920 --> 05:54:50,638
getting better every single day. Five,
10508
05:54:50,638 --> 05:54:51,680
you don't need to work like this
10509
05:54:51,680 --> 05:54:53,360
forever. But if you need to do it for a
10510
05:54:53,360 --> 05:54:55,440
season or for a reason sometime in the
10511
05:54:55,440 --> 05:54:57,680
future, you've got that gear in you. And
10512
05:54:57,680 --> 05:55:00,080
six, there are people who are working
10513
05:55:00,080 --> 05:55:02,240
more than you who are beating you. And
10514
05:55:02,240 --> 05:55:04,240
you get all of those lessons for the low
10515
05:55:04,240 --> 05:55:05,600
price of getting more done in a month
10516
05:55:05,600 --> 05:55:06,878
than you probably did last quarter. And
10517
05:55:06,878 --> 05:55:08,400
so everyone and like of course you've
10518
05:55:08,400 --> 05:55:09,760
got one, you know, one side of people
10519
05:55:09,760 --> 05:55:11,280
who are like, I work more than this now.
10520
05:55:11,280 --> 05:55:12,638
And of course they don't. They obviously
10521
05:55:12,638 --> 05:55:14,240
don't. And the thing is is that people
10522
05:55:14,240 --> 05:55:15,440
are like, well, I work like that, but I
10523
05:55:15,440 --> 05:55:16,638
take a couple days off. Right? That's
10524
05:55:16,638 --> 05:55:18,000
the point is that you have to push
10525
05:55:18,000 --> 05:55:20,718
through it. Now, can you work 16 by 30?
10526
05:55:20,718 --> 05:55:22,000
Sure. If you want to, you're welcome to
10527
05:55:22,000 --> 05:55:23,280
work more than that because I've found
10528
05:55:23,280 --> 05:55:24,638
that working six to six is kind of like
10529
05:55:24,638 --> 05:55:26,160
what I do every day anyways. I'm on 12
10530
05:55:26,160 --> 05:55:28,878
by 100, you know, in terms of how I
10531
05:55:28,878 --> 05:55:29,760
think about working. And there's plenty
10532
05:55:29,760 --> 05:55:31,680
of days that I work 15, 16 hour days cuz
10533
05:55:31,680 --> 05:55:33,520
I get here at 5 or 6 and then sometimes
10534
05:55:33,520 --> 05:55:34,878
we have an event, there's a dinner,
10535
05:55:34,878 --> 05:55:36,000
things like that afterwards and ends at
10536
05:55:36,000 --> 05:55:37,520
9. And that's where you have to be on,
10537
05:55:37,520 --> 05:55:38,878
not just at the office, not just in
10538
05:55:38,878 --> 05:55:40,000
front of your computer, but people
10539
05:55:40,000 --> 05:55:41,840
actually demanding things of you on a
10540
05:55:41,840 --> 05:55:43,440
regular basis all the time being on
10541
05:55:43,440 --> 05:55:44,718
camera. And I'll tell you that there are
10542
05:55:44,718 --> 05:55:46,798
levels to this. It's like working alone
10543
05:55:46,798 --> 05:55:49,440
for a full day is not as exhausting as
10544
05:55:49,440 --> 05:55:51,760
being on stage for a full day, being on
10545
05:55:51,760 --> 05:55:53,600
camera for a full day because every
10546
05:55:53,600 --> 05:55:56,000
second that you are not peak, you are
10547
05:55:56,000 --> 05:55:58,000
losing. You can take a break while
10548
05:55:58,000 --> 05:55:59,920
you're working alone. You can't take a
10549
05:55:59,920 --> 05:56:01,280
break when you're on stage, when you're
10550
05:56:01,280 --> 05:56:02,718
meeting customers, when you're making
10551
05:56:02,718 --> 05:56:05,040
content like right like every m minute
10552
05:56:05,040 --> 05:56:06,638
that is not recorded is basically a
10553
05:56:06,638 --> 05:56:08,240
minute wasted. There's a whole team here
10554
05:56:08,240 --> 05:56:10,080
behind this camera, right? That is
10555
05:56:10,080 --> 05:56:11,760
making this stuff for you and I'm
10556
05:56:11,760 --> 05:56:13,600
costing them every second I'm not
10557
05:56:13,600 --> 05:56:14,878
showing up. I remember there was a
10558
05:56:14,878 --> 05:56:16,400
period a season of my life where I think
10559
05:56:16,400 --> 05:56:18,718
I had like nine straight uh months of
10560
05:56:18,718 --> 05:56:21,200
this and it was not 12 it was 15 16
10561
05:56:21,200 --> 05:56:24,320
because I had to wake up at 4 to get to
10562
05:56:24,320 --> 05:56:26,240
the gym where I was at the gym but I
10563
05:56:26,240 --> 05:56:27,760
wake up at 4 and then I would get the
10564
05:56:27,760 --> 05:56:29,840
the class ready. I'd open the gym doors
10565
05:56:29,840 --> 05:56:32,320
at 4:30 start the classes at 5:00 and
10566
05:56:32,320 --> 05:56:34,240
the last class at night would end. It
10567
05:56:34,240 --> 05:56:35,600
would be a 7:00 class. It would end at
10568
05:56:35,600 --> 05:56:37,360
8:00 and then at 8 I would then do
10569
05:56:37,360 --> 05:56:39,280
billing. I'd reach out to old customers.
10570
05:56:39,280 --> 05:56:40,558
I would confirm lead appointments for
10571
05:56:40,558 --> 05:56:42,160
the next day. all that sometimes until
10572
05:56:42,160 --> 05:56:44,080
10, 11 at night and then I'd wake up
10573
05:56:44,080 --> 05:56:45,920
again at 4:00. And so I don't know what
10574
05:56:45,920 --> 05:56:47,440
the hours are there, but it's more than
10575
05:56:47,440 --> 05:56:48,718
12. And I did that for 9 months
10576
05:56:48,718 --> 05:56:50,480
straight. And I used to describe it as
10577
05:56:50,480 --> 05:56:52,160
the kind of tired a good night's sleep
10578
05:56:52,160 --> 05:56:53,680
couldn't fix. It was like it was tired.
10579
05:56:53,680 --> 05:56:56,320
It was deeper than like a one sleep. I
10580
05:56:56,320 --> 05:56:58,798
needed like weeks to like basically come
10581
05:56:58,798 --> 05:57:01,120
back to normal. And the thing is is that
10582
05:57:01,120 --> 05:57:03,360
I think it is valuable because you have
10583
05:57:03,360 --> 05:57:05,280
to learn that you have that gear. I
10584
05:57:05,280 --> 05:57:06,638
think that that gives you supreme
10585
05:57:06,638 --> 05:57:08,558
confidence when you're entering any new
10586
05:57:08,558 --> 05:57:11,280
endeavor because you know that you have
10587
05:57:11,280 --> 05:57:13,040
acquired the trait of being relentless
10588
05:57:13,040 --> 05:57:14,798
that you do not relent. You do not let
10589
05:57:14,798 --> 05:57:16,878
up. You do not stop until you get what
10590
05:57:16,878 --> 05:57:18,480
you want. And you know that you can push
10591
05:57:18,480 --> 05:57:20,240
through being tired or being underslept
10592
05:57:20,240 --> 05:57:22,160
or being overwhelmed because you realize
10593
05:57:22,160 --> 05:57:24,000
that you didn't die and that you've done
10594
05:57:24,000 --> 05:57:25,840
this before. And so the difference
10595
05:57:25,840 --> 05:57:27,280
between the newbie and the veteran is
10596
05:57:27,280 --> 05:57:28,718
that the veteran looks on something and
10597
05:57:28,718 --> 05:57:31,040
looks back on what they have done to get
10598
05:57:31,040 --> 05:57:32,958
to that point and says, "I've seen this
10599
05:57:32,958 --> 05:57:34,480
before. This is another one of those."
10600
05:57:34,480 --> 05:57:35,920
And that's why they don't have the
10601
05:57:35,920 --> 05:57:37,120
anxiety. That's why they don't have the
10602
05:57:37,120 --> 05:57:38,160
stress. That's so when they get on
10603
05:57:38,160 --> 05:57:39,360
stage, they crush it. That's when they
10604
05:57:39,360 --> 05:57:40,958
the high pressure situation, they still
10605
05:57:40,958 --> 05:57:42,080
breathe normally. Their heartbeat
10606
05:57:42,080 --> 05:57:43,520
doesn't go up because they have done it
10607
05:57:43,520 --> 05:57:44,798
before. And the only way that you can
10608
05:57:44,798 --> 05:57:45,760
get to the point where you can say
10609
05:57:45,760 --> 05:57:47,200
you've done it before is to do it now.
10610
05:57:47,200 --> 05:57:51,360
And so I define work as volume times
10611
05:57:51,360 --> 05:57:53,120
leverage. And so it's about how many
10612
05:57:53,120 --> 05:57:54,958
times you do something and how much you
10613
05:57:54,958 --> 05:57:56,638
get for each time you do it. In the
10614
05:57:56,638 --> 05:57:58,320
beginning, you need to do a lot more of
10615
05:57:58,320 --> 05:58:00,160
this, right? You do way more volume
10616
05:58:00,160 --> 05:58:02,160
because of that volume. you gain skill
10617
05:58:02,160 --> 05:58:04,798
and then the leverage also increases and
10618
05:58:04,798 --> 05:58:07,280
so you get 100x the volume which then
10619
05:58:07,280 --> 05:58:09,120
over time builds skill which then gives
10620
05:58:09,120 --> 05:58:11,360
you more for what you put in and then
10621
05:58:11,360 --> 05:58:14,718
over time that continues to increase
10622
05:58:14,718 --> 05:58:16,798
your output. The thing is this concept
10623
05:58:16,798 --> 05:58:19,200
of 100x not 2x has applied to so many
10624
05:58:19,200 --> 05:58:20,558
different areas of my life. Like when I
10625
05:58:20,558 --> 05:58:23,200
paid a large brand for insight into how
10626
05:58:23,200 --> 05:58:24,558
I could grow my personal brand when I
10627
05:58:24,558 --> 05:58:26,000
decided to get into this game I was like
10628
05:58:26,000 --> 05:58:28,160
hey I'm not growing that fast. Uh, and
10629
05:58:28,160 --> 05:58:30,080
he said, "Oh, well, pull up your social
10630
05:58:30,080 --> 05:58:31,200
media profiles." And we pulled them up
10631
05:58:31,200 --> 05:58:32,320
one by one and he said, "Look at what
10632
05:58:32,320 --> 05:58:33,440
you're doing. Look what I'm doing." And
10633
05:58:33,440 --> 05:58:35,440
he had genuinely been doing 10 times
10634
05:58:35,440 --> 05:58:37,920
more volume than I was doing. And so he
10635
05:58:37,920 --> 05:58:39,440
basically said, "You're not doing enough
10636
05:58:39,440 --> 05:58:41,280
volume." I then said, "Okay, that was
10637
05:58:41,280 --> 05:58:42,958
clear as day. I need to do more volume."
10638
05:58:42,958 --> 05:58:44,480
And the thing is is when we did more
10639
05:58:44,480 --> 05:58:46,160
volume, we got better at doing it. And
10640
05:58:46,160 --> 05:58:47,840
so now we continue to do the same volume
10641
05:58:47,840 --> 05:58:49,040
as I did in the beginning, which is 10
10642
05:58:49,040 --> 05:58:50,240
times more than when I started. We get
10643
05:58:50,240 --> 05:58:51,760
even more output. And then I had a
10644
05:58:51,760 --> 05:58:52,878
different friend who talked to me,
10645
05:58:52,878 --> 05:58:54,240
billionaire guy. He was thinking about
10646
05:58:54,240 --> 05:58:55,520
getting into content. And he said, "Hey,
10647
05:58:55,520 --> 05:58:56,798
I'm really not growing that fast." And I
10648
05:58:56,798 --> 05:58:58,000
had got to have the exact same
10649
05:58:58,000 --> 05:58:59,200
conversation with him. But the thing is
10650
05:58:59,200 --> 05:59:01,120
is that this guy had done 100x not 2x
10651
05:59:01,120 --> 05:59:02,798
before in his life. It was just that he
10652
05:59:02,798 --> 05:59:05,200
got to realize like me that it has been
10653
05:59:05,200 --> 05:59:07,440
100% domain specific. And so when he
10654
05:59:07,440 --> 05:59:09,760
then I showed him my Instagram and his I
10655
05:59:09,760 --> 05:59:11,120
showed him my Tik Tok and his I showed
10656
05:59:11,120 --> 05:59:12,480
him my YouTube and his and I said,
10657
05:59:12,480 --> 05:59:14,080
"Dude, I'm making 450 pieces a week.
10658
05:59:14,080 --> 05:59:15,440
You're making seven." And he was like,
10659
05:59:15,440 --> 05:59:16,958
"Got it." Like understood. He
10660
05:59:16,958 --> 05:59:18,320
immediately got it because he had
10661
05:59:18,320 --> 05:59:19,360
already learned that lesson in a
10662
05:59:19,360 --> 05:59:20,480
different domain. I want to I want to
10663
05:59:20,480 --> 05:59:23,360
zoom out for a second. Right now is a
10664
05:59:23,360 --> 05:59:25,280
period of time where I'm working really
10665
05:59:25,280 --> 05:59:27,440
hard. I'm working a lot. I'll give you
10666
05:59:27,440 --> 05:59:29,360
context as to what a lot is for me. So
10667
05:59:29,360 --> 05:59:31,760
this year, the first hundred days of the
10668
05:59:31,760 --> 05:59:35,360
year, I didn't have a day off. And so my
10669
05:59:35,360 --> 05:59:38,958
time was only spent working. And so it's
10670
05:59:38,958 --> 05:59:39,840
like, well, what's the difference
10671
05:59:39,840 --> 05:59:41,200
between when you were quote working all
10672
05:59:41,200 --> 05:59:42,480
the time when you're younger and working
10673
05:59:42,480 --> 05:59:44,798
all the time now is that what I get done
10674
05:59:44,798 --> 05:59:46,638
in a day is significantly greater than
10675
05:59:46,638 --> 05:59:48,400
what I got done. And the quality of that
10676
05:59:48,400 --> 05:59:50,000
work is also higher. Because the thing
10677
05:59:50,000 --> 05:59:51,520
is is that you learn how to work. You
10678
05:59:51,520 --> 05:59:53,040
get better at working the more you do
10679
05:59:53,040 --> 05:59:54,080
it. And so a lot of people are like,
10680
05:59:54,080 --> 05:59:55,520
"Man, I I feel like I'm not that
10681
05:59:55,520 --> 05:59:56,718
productive when I work. Like, what
10682
05:59:56,718 --> 05:59:57,920
should I do?" It's like, "Work more."
10683
05:59:57,920 --> 05:59:59,200
Like, you work more until you get better
10684
05:59:59,200 --> 06:00:00,718
at working. I remember when I was a
10685
06:00:00,718 --> 06:00:02,718
legal intern at a at a company in France
10686
06:00:02,718 --> 06:00:05,040
called Archma, Ama, if you want to how
10687
06:00:05,040 --> 06:00:06,798
they say it. And I was a legal intern,
10688
06:00:06,798 --> 06:00:08,480
and I was spending the whole summer
10689
06:00:08,480 --> 06:00:09,520
there, which by the way, they always try
10690
06:00:09,520 --> 06:00:10,958
and like use and abuse interns. I was
10691
06:00:10,958 --> 06:00:12,160
like, "Man, I'm I'm working so hard."
10692
06:00:12,160 --> 06:00:13,520
And I talked to one of these legal
10693
06:00:13,520 --> 06:00:15,120
partners. And I only had one exchange
10694
06:00:15,120 --> 06:00:16,558
with this particular legal partner
10695
06:00:16,558 --> 06:00:17,760
who's, you know, high up in the firm.
10696
06:00:17,760 --> 06:00:19,680
And she said, "Oh." She was like,
10697
06:00:19,680 --> 06:00:21,360
"That's cute. You don't even know what
10698
06:00:21,360 --> 06:00:22,638
work is." She said, "You don't even know
10699
06:00:22,638 --> 06:00:23,840
how to work." She's like, "You spend
10700
06:00:23,840 --> 06:00:25,040
time here." She's like, "But you don't
10701
06:00:25,040 --> 06:00:27,280
know how to work." I just remember how
10702
06:00:27,280 --> 06:00:30,000
dismissive uh what she said was. But I I
10703
06:00:30,000 --> 06:00:31,520
understood I mean I understand now
10704
06:00:31,520 --> 06:00:32,558
especially what she meant was like,
10705
06:00:32,558 --> 06:00:34,000
"You're spending a lot of time here, but
10706
06:00:34,000 --> 06:00:35,360
you're not getting anything done." And
10707
06:00:35,360 --> 06:00:37,440
it takes time. It takes reps to get
10708
06:00:37,440 --> 06:00:39,280
better at working itself. And so that
10709
06:00:39,280 --> 06:00:41,280
measure of focus, the equal opposite of
10710
06:00:41,280 --> 06:00:42,798
distraction is just how long you can
10711
06:00:42,798 --> 06:00:44,000
stick with it. And I can tell you that
10712
06:00:44,000 --> 06:00:45,680
me from a very visceral perspective when
10713
06:00:45,680 --> 06:00:47,680
I work, there are many times like you
10714
06:00:47,680 --> 06:00:48,400
know when you work and you're like,
10715
06:00:48,400 --> 06:00:50,000
"Man, I feel like I I like need a
10716
06:00:50,000 --> 06:00:51,440
break." The thing is just that that
10717
06:00:51,440 --> 06:00:53,760
break period for people who aren't as
10718
06:00:53,760 --> 06:00:55,440
good at working might be like the rest
10719
06:00:55,440 --> 06:00:56,878
of the day. And the better and better
10720
06:00:56,878 --> 06:00:58,320
that I've gotten at working is that I
10721
06:00:58,320 --> 06:01:00,080
can like kind of like whip my like whip
10722
06:01:00,080 --> 06:01:02,000
my head back in and be like confront
10723
06:01:02,000 --> 06:01:05,280
like keep going. And I'm like all right
10724
06:01:05,280 --> 06:01:06,638
I'm going to keep going. And then you
10725
06:01:06,638 --> 06:01:08,160
kind of realize that there's like a 5
10726
06:01:08,160 --> 06:01:10,160
minute sometimes 15 minute period where
10727
06:01:10,160 --> 06:01:12,320
like your output slows a little bit but
10728
06:01:12,320 --> 06:01:13,680
then you catch the next draft and then
10729
06:01:13,680 --> 06:01:15,440
you're in again. It's being able to whip
10730
06:01:15,440 --> 06:01:18,240
yourself back in. And that muscle of
10731
06:01:18,240 --> 06:01:20,400
doing that takes practice. And the only
10732
06:01:20,400 --> 06:01:22,638
opportunity that you get to flex that
10733
06:01:22,638 --> 06:01:24,798
muscle, to practice it, is to work
10734
06:01:24,798 --> 06:01:27,040
yourself to the point of fatigue, to the
10735
06:01:27,040 --> 06:01:29,360
point where distraction or respite or
10736
06:01:29,360 --> 06:01:32,080
rest would be beneficial or you feel
10737
06:01:32,080 --> 06:01:34,000
like it's what you crave right now. And
10738
06:01:34,000 --> 06:01:35,760
then being able to be like, "No, I can
10739
06:01:35,760 --> 06:01:37,360
power through this." And the thing is is
10740
06:01:37,360 --> 06:01:39,840
you can you can power through it. It
10741
06:01:39,840 --> 06:01:41,760
just takes practice. And practice takes
10742
06:01:41,760 --> 06:01:42,958
repetition and being willing to be
10743
06:01:42,958 --> 06:01:44,160
uncomfortable for an extended period of
10744
06:01:44,160 --> 06:01:45,840
time. And it's kind of like when you're
10745
06:01:45,840 --> 06:01:47,200
eating and you're dieting, there are
10746
06:01:47,200 --> 06:01:48,320
moments where you get these cravings
10747
06:01:48,320 --> 06:01:49,760
where you're like, "Man, I'm starving. I
10748
06:01:49,760 --> 06:01:50,958
want something sweet." If you've ever
10749
06:01:50,958 --> 06:01:52,080
dieted before, and this is where
10750
06:01:52,080 --> 06:01:54,080
repetitions help, it only lasts like 20
10751
06:01:54,080 --> 06:01:55,680
minutes. So, if you ever do this, by the
10752
06:01:55,680 --> 06:01:57,360
way, dieting hack is just set a timer
10753
06:01:57,360 --> 06:01:58,480
when you're like, "Man, I really want
10754
06:01:58,480 --> 06:02:00,558
something." Wait 20. And if you still
10755
06:02:00,558 --> 06:02:01,920
want it, which you rarely do because it
10756
06:02:01,920 --> 06:02:03,440
usually lasts less than 20, sometimes
10757
06:02:03,440 --> 06:02:05,760
just five. It'll just go away. And the
10758
06:02:05,760 --> 06:02:07,360
same thing happens with focus, but we
10759
06:02:07,360 --> 06:02:09,040
then just take off. We take off for our
10760
06:02:09,040 --> 06:02:10,480
diet for the day. we order a pizza,
10761
06:02:10,480 --> 06:02:12,798
right? We order ice cream, right? Or we
10762
06:02:12,798 --> 06:02:14,718
take off working for the day, right? And
10763
06:02:14,718 --> 06:02:15,840
we just say, "I'm just going to watch
10764
06:02:15,840 --> 06:02:17,120
Netflix for the rest of the time, or I'm
10765
06:02:17,120 --> 06:02:18,798
just going to go hang out with friends,
10766
06:02:18,798 --> 06:02:21,280
whatever, or I'm going to go out." But I
10767
06:02:21,280 --> 06:02:23,440
will say now that I have worked for a
10768
06:02:23,440 --> 06:02:26,160
100 days straight, and that was in the
10769
06:02:26,160 --> 06:02:27,280
earlier part of this year. I think this
10770
06:02:27,280 --> 06:02:31,200
year I've probably taken three or four
10771
06:02:31,200 --> 06:02:33,120
days off since the year started. And I
10772
06:02:33,120 --> 06:02:35,120
still probably worked until like two on
10773
06:02:35,120 --> 06:02:36,718
those days, but I still consider those
10774
06:02:36,718 --> 06:02:38,400
like more or less days off. You're not
10775
06:02:38,400 --> 06:02:40,240
going to die. And so I think back
10776
06:02:40,240 --> 06:02:42,240
retroactively or like historically like
10777
06:02:42,240 --> 06:02:44,638
there were people who were forced to
10778
06:02:44,638 --> 06:02:46,400
work for years on end or they would get
10779
06:02:46,400 --> 06:02:48,878
killed. As gruesome as that may seem, I
10780
06:02:48,878 --> 06:02:51,520
see that as hopeful in that they have
10781
06:02:51,520 --> 06:02:53,200
already demonstrated that it's possible.
10782
06:02:53,200 --> 06:02:55,040
Like you can work continuously for an
10783
06:02:55,040 --> 06:02:55,920
extended period of time because
10784
06:02:55,920 --> 06:02:57,200
fundamentally you're just alive, you're
10785
06:02:57,200 --> 06:02:59,360
moving, right? And like you think super
10786
06:02:59,360 --> 06:03:00,798
ancestors, it's like they didn't have
10787
06:03:00,798 --> 06:03:02,240
computers. They like they just were
10788
06:03:02,240 --> 06:03:04,638
around. And so you do keep busy while
10789
06:03:04,638 --> 06:03:06,798
you're awake. And so you might as well
10790
06:03:06,798 --> 06:03:08,400
keep busy continuing to nudge things
10791
06:03:08,400 --> 06:03:09,440
forward. And I can't tell you the amount
10792
06:03:09,440 --> 06:03:11,120
of times where now I'm like my mind
10793
06:03:11,120 --> 06:03:13,600
checked out and I was like, I my brain
10794
06:03:13,600 --> 06:03:14,718
checked out a little bit, but I'm going
10795
06:03:14,718 --> 06:03:16,080
to I'm just going to keep I'm going to
10796
06:03:16,080 --> 06:03:18,558
keep going. And then 3 hours, 4 hours, 6
10797
06:03:18,558 --> 06:03:20,320
hours more passed and I'm like, oh, I
10798
06:03:20,320 --> 06:03:22,080
actually finished everything that I said
10799
06:03:22,080 --> 06:03:25,040
I was going to do. And it's just so much
10800
06:03:25,040 --> 06:03:27,200
more work and it's fewer days off and
10801
06:03:27,200 --> 06:03:29,280
it's earlier mornings and longer nights.
10802
06:03:29,280 --> 06:03:31,440
And it it it just it's being able to do
10803
06:03:31,440 --> 06:03:33,040
that for an extended period of time. I
10804
06:03:33,040 --> 06:03:34,400
know the whole idea of like, you know,
10805
06:03:34,400 --> 06:03:35,600
work on the things you love and you'll
10806
06:03:35,600 --> 06:03:36,878
never work another day in your life.
10807
06:03:36,878 --> 06:03:38,080
That's just I just don't think it's
10808
06:03:38,080 --> 06:03:39,520
true. Like there's the so many things
10809
06:03:39,520 --> 06:03:41,200
that I don't enjoy doing that I have to
10810
06:03:41,200 --> 06:03:43,360
do. And that's why at least for me, my
10811
06:03:43,360 --> 06:03:44,878
saying is always um I will do what is
10812
06:03:44,878 --> 06:03:46,480
required. How I feel about it is
10813
06:03:46,480 --> 06:03:48,798
relatively irrelevant because the things
10814
06:03:48,798 --> 06:03:51,200
that have come from doing what is
10815
06:03:51,200 --> 06:03:53,040
required have made doing the
10816
06:03:53,040 --> 06:03:55,040
requirements something that I know will
10817
06:03:55,040 --> 06:03:57,280
pay off. And so I kind of like feast on
10818
06:03:57,280 --> 06:03:59,840
those morsels of past achievements as
10819
06:03:59,840 --> 06:04:01,600
the fuel to continue doing things that
10820
06:04:01,600 --> 06:04:03,440
may be uncomfortable or unpleasant in
10821
06:04:03,440 --> 06:04:05,120
the moment. And most work isn't
10822
06:04:05,120 --> 06:04:07,680
unpleasant. It's just work. It's like I
10823
06:04:07,680 --> 06:04:09,440
have to get this done right now. Like I
10824
06:04:09,440 --> 06:04:12,320
get to get this done. Sure. But like I'm
10825
06:04:12,320 --> 06:04:15,120
just being real for me. It's it's it's
10826
06:04:15,120 --> 06:04:16,718
usually not sunshine and rainbows. Like
10827
06:04:16,718 --> 06:04:18,958
I I work a lot and I I get and I'm
10828
06:04:18,958 --> 06:04:21,200
tired, you know? I I um I slept 9 hours
10829
06:04:21,200 --> 06:04:22,718
last night which was the first time I've
10830
06:04:22,718 --> 06:04:24,160
slept 9 hours in a while and I feel
10831
06:04:24,160 --> 06:04:25,600
amazing right now. But sometimes you got
10832
06:04:25,600 --> 06:04:27,040
to work on six. Sometimes you got to
10833
06:04:27,040 --> 06:04:28,400
work on five. And so think about this
10834
06:04:28,400 --> 06:04:30,400
hypothetical extreme. Let's say that you
10835
06:04:30,400 --> 06:04:32,080
played video games. That was all you
10836
06:04:32,080 --> 06:04:33,600
did. When I say that's all you did, you
10837
06:04:33,600 --> 06:04:34,878
didn't go out. You didn't talk to
10838
06:04:34,878 --> 06:04:36,798
people. You didn't see anyone. You
10839
06:04:36,798 --> 06:04:38,638
didn't eat. You didn't sleep. But you
10840
06:04:38,638 --> 06:04:40,798
would be incredibly focused. Now, at
10841
06:04:40,798 --> 06:04:42,080
that point, you say, "Well, in order for
10842
06:04:42,080 --> 06:04:43,520
him to play more video games, he needs
10843
06:04:43,520 --> 06:04:45,360
to sleep." So there are contingencies,
10844
06:04:45,360 --> 06:04:47,360
right? You do need to eat or you'll die.
10845
06:04:47,360 --> 06:04:49,840
And so there are the fewest requirements
10846
06:04:49,840 --> 06:04:52,480
necessary to maintain consistent focus
10847
06:04:52,480 --> 06:04:54,718
on the one thing. And those thing become
10848
06:04:54,718 --> 06:04:57,280
requisites for focus rather than
10849
06:04:57,280 --> 06:04:59,280
distraction. Like there are periods of
10850
06:04:59,280 --> 06:05:01,200
time where you will need to rest. That
10851
06:05:01,200 --> 06:05:03,520
rest therefore is productive because it
10852
06:05:03,520 --> 06:05:05,920
increases your total output in the one
10853
06:05:05,920 --> 06:05:07,360
thing that gets you the most leverage
10854
06:05:07,360 --> 06:05:09,280
that gets you closest to your goals in
10855
06:05:09,280 --> 06:05:11,360
the shortest period of time. And so this
10856
06:05:11,360 --> 06:05:13,200
isn't a video of me saying, you know,
10857
06:05:13,200 --> 06:05:14,878
work until you die. Well, you will work
10858
06:05:14,878 --> 06:05:16,400
until you die because we all will die
10859
06:05:16,400 --> 06:05:17,920
and we all probably will work at some
10860
06:05:17,920 --> 06:05:20,480
point. But it is more video of saying
10861
06:05:20,480 --> 06:05:22,638
that every single thing that is not a
10862
06:05:22,638 --> 06:05:25,360
requisite for you continuing to do the
10863
06:05:25,360 --> 06:05:27,920
one thing that one yes are all
10864
06:05:27,920 --> 06:05:29,920
distractions. They are all things that
10865
06:05:29,920 --> 06:05:32,000
take away. And people have a hard time
10866
06:05:32,000 --> 06:05:33,600
with this because they like to say like
10867
06:05:33,600 --> 06:05:35,600
you need to have balance. But this is
10868
06:05:35,600 --> 06:05:38,958
what poor people do not understand. And
10869
06:05:38,958 --> 06:05:40,718
I am going to do my very best to kind of
10870
06:05:40,718 --> 06:05:42,480
like pass down a message from the future
10871
06:05:42,480 --> 06:05:44,160
to my past self about this. And this
10872
06:05:44,160 --> 06:05:45,840
goes for entrepreneurs specifically,
10873
06:05:45,840 --> 06:05:48,000
which is you do not understand how much
10874
06:05:48,000 --> 06:05:49,840
work it is. Like you think you
10875
06:05:49,840 --> 06:05:51,920
understand how much work it is. And I've
10876
06:05:51,920 --> 06:05:54,240
had multiple times in my life where I've
10877
06:05:54,240 --> 06:05:56,160
met someone who was way further ahead
10878
06:05:56,160 --> 06:05:58,400
than me and I saw them actually working
10879
06:05:58,400 --> 06:06:00,240
5 to 10 times more than me. And I was
10880
06:06:00,240 --> 06:06:01,920
like, "Wow." And there's this scene in
10881
06:06:01,920 --> 06:06:04,400
Invictus, which is a movie with Morgan
10882
06:06:04,400 --> 06:06:06,320
Freeman and Matt Damon. I love this
10883
06:06:06,320 --> 06:06:07,840
moment. There's an exchange. I'm
10884
06:06:07,840 --> 06:06:09,600
paraphrasing, but he says something to
10885
06:06:09,600 --> 06:06:10,878
the extent of, "I've heard that you've
10886
06:06:10,878 --> 06:06:12,878
been uh playing with an injury." And
10887
06:06:12,878 --> 06:06:14,558
Matt Damon just kind of says, "Well, no
10888
06:06:14,558 --> 06:06:17,120
one ever plays at 100%." And I just love
10889
06:06:17,120 --> 06:06:18,878
that because to me that kind of
10890
06:06:18,878 --> 06:06:20,638
encompasses the champion mindset, which
10891
06:06:20,638 --> 06:06:23,600
is that it's not about playing when
10892
06:06:23,600 --> 06:06:25,600
circumstances are perfect. It's that
10893
06:06:25,600 --> 06:06:27,840
playing creates perfect circumstances.
10894
06:06:27,840 --> 06:06:30,558
We have to learn to play when the chips
10895
06:06:30,558 --> 06:06:33,200
are stacked against us. It's like having
10896
06:06:33,200 --> 06:06:35,680
values. Values are only valuable when
10897
06:06:35,680 --> 06:06:37,280
they are tested. You can say you're
10898
06:06:37,280 --> 06:06:39,120
loyal, but if you know a girl, if you're
10899
06:06:39,120 --> 06:06:41,760
in a hotel room and a girl is there and
10900
06:06:41,760 --> 06:06:42,958
your wife isn't there and there's no way
10901
06:06:42,958 --> 06:06:45,200
that she finds out, that is the test of
10902
06:06:45,200 --> 06:06:46,638
whether you're loyal. It's when there's
10903
06:06:46,638 --> 06:06:48,080
stakes. Test of whether you have work
10904
06:06:48,080 --> 06:06:49,200
ethic is whether you can work when
10905
06:06:49,200 --> 06:06:50,638
you're tired. It's whether you can work
10906
06:06:50,638 --> 06:06:52,320
when you're distracted. It's whether you
10907
06:06:52,320 --> 06:06:53,920
can work on things that you don't find
10908
06:06:53,920 --> 06:06:55,760
pleasant. Because all of the and I see
10909
06:06:55,760 --> 06:06:56,878
this with, you know, some of the young
10910
06:06:56,878 --> 06:06:58,160
guys, like there was a guy we hired and
10911
06:06:58,160 --> 06:06:59,280
then in three days he said, "I don't
10912
06:06:59,280 --> 06:07:00,480
think this is for me." And he got hired
10913
06:07:00,480 --> 06:07:01,840
to a sales role and he was he was making
10914
06:07:01,840 --> 06:07:03,280
outbound calls. I was like, "You don't
10915
06:07:03,280 --> 06:07:04,878
think this is for you?" I was like, you
10916
06:07:04,878 --> 06:07:06,320
don't even know what's for you. You were
10917
06:07:06,320 --> 06:07:08,080
here for 3 days. You didn't even get the
10918
06:07:08,080 --> 06:07:10,080
ability to get good at the basic thing.
10919
06:07:10,080 --> 06:07:12,958
And so, there's a level of intolerance
10920
06:07:12,958 --> 06:07:15,520
for discomfort in some sort of
10921
06:07:15,520 --> 06:07:17,520
expectation that it's going to be this
10922
06:07:17,520 --> 06:07:18,958
amazing thing that you're going to love
10923
06:07:18,958 --> 06:07:21,200
at all times. And it's just not. And so,
10924
06:07:21,200 --> 06:07:23,680
I would I'm okay being a different voice
10925
06:07:23,680 --> 06:07:25,680
in the in the entrepreneur space that's
10926
06:07:25,680 --> 06:07:27,360
not like, you know, passion is what is
10927
06:07:27,360 --> 06:07:28,958
what gets you through the the hard
10928
06:07:28,958 --> 06:07:31,040
times. I don't think so. Passion has not
10929
06:07:31,040 --> 06:07:32,160
been the thing that has gotten me
10930
06:07:32,160 --> 06:07:34,958
through my my harder times. It has been
10931
06:07:34,958 --> 06:07:37,920
desire. It has been wanting to make
10932
06:07:37,920 --> 06:07:40,638
something into a reality by dragging
10933
06:07:40,638 --> 06:07:43,120
something from your mind into the world.
10934
06:07:43,120 --> 06:07:44,958
And sometimes I feel like you're giving
10935
06:07:44,958 --> 06:07:46,638
birth to this thing, which for every
10936
06:07:46,638 --> 06:07:48,080
mother, which I obviously haven't given
10937
06:07:48,080 --> 06:07:49,520
birth, it's like you give birth kicking
10938
06:07:49,520 --> 06:07:50,798
and screaming. It's a painful
10939
06:07:50,798 --> 06:07:52,240
experience, but then there's life that
10940
06:07:52,240 --> 06:07:55,200
happens afterwards. And I see work as
10941
06:07:55,200 --> 06:07:57,520
very much labor. And we even use the
10942
06:07:57,520 --> 06:08:00,558
same word. It's labor. It's work. It's
10943
06:08:00,558 --> 06:08:02,558
It's painful. The pain is that like
10944
06:08:02,558 --> 06:08:04,480
you're halfway through, I would imagine,
10945
06:08:04,480 --> 06:08:06,000
and you're like, I still have to keep
10946
06:08:06,000 --> 06:08:07,360
pushing because it's still not alive
10947
06:08:07,360 --> 06:08:09,680
yet. It's still not out. And so, I think
10948
06:08:09,680 --> 06:08:11,280
learning to push through that, and this
10949
06:08:11,280 --> 06:08:13,040
is the part that my friend was saying
10950
06:08:13,040 --> 06:08:14,558
where he's like, they don't get it. They
10951
06:08:14,558 --> 06:08:16,000
don't get it. They think that I do one
10952
06:08:16,000 --> 06:08:17,840
of these speaking events and they see my
10953
06:08:17,840 --> 06:08:19,200
Instagram and they think, "Oh, okay.
10954
06:08:19,200 --> 06:08:20,558
Well, why is my brain not growing like
10955
06:08:20,558 --> 06:08:22,400
that?" He's like, "Well, I was in five
10956
06:08:22,400 --> 06:08:24,718
different cities this week and I just
10957
06:08:24,718 --> 06:08:27,200
had to do FaceTime with my kids in order
10958
06:08:27,200 --> 06:08:29,680
for them to see me." And people are then
10959
06:08:29,680 --> 06:08:31,040
like, "I wouldn't make that trade."
10960
06:08:31,040 --> 06:08:33,680
Fine, but don't want what he has. And
10961
06:08:33,680 --> 06:08:35,920
so, let me let me draw this out for you
10962
06:08:35,920 --> 06:08:38,000
in a nice little visual to show you how
10963
06:08:38,000 --> 06:08:40,480
I see work, right? This volume that you
10964
06:08:40,480 --> 06:08:44,240
need to do. So, you have excitement,
10965
06:08:44,240 --> 06:08:46,480
right? So when you have this new idea,
10966
06:08:46,480 --> 06:08:48,558
which we have them, and you're like, "Oh
10967
06:08:48,558 --> 06:08:51,600
my god, this is amazing, right? This is
10968
06:08:51,600 --> 06:08:54,160
so good." The thing is is that once you
10969
06:08:54,160 --> 06:08:57,360
become neutral and then you become
10970
06:08:57,360 --> 06:09:00,320
worried and stressed, this is when work
10971
06:09:00,320 --> 06:09:02,000
begins. And so in the bodybuilding
10972
06:09:02,000 --> 06:09:03,600
world, they'd be like, "Okay, once you
10973
06:09:03,600 --> 06:09:05,520
have achieved failure, that is where
10974
06:09:05,520 --> 06:09:07,360
your working reps begin." It's an old
10975
06:09:07,360 --> 06:09:08,718
school bodybuilding thing. I'm sure the
10976
06:09:08,718 --> 06:09:10,718
science bros will be upset about it, but
10977
06:09:10,718 --> 06:09:12,798
I think that it very much qualifies for
10978
06:09:12,798 --> 06:09:15,360
how it relates to work in this world is
10979
06:09:15,360 --> 06:09:17,360
is that your motivation fades very
10980
06:09:17,360 --> 06:09:19,600
quickly. It's that work begins once
10981
06:09:19,600 --> 06:09:21,280
motivation stops. And I think if you
10982
06:09:21,280 --> 06:09:22,400
measure it that way, then you will
10983
06:09:22,400 --> 06:09:24,000
measure how much you work and how hard
10984
06:09:24,000 --> 06:09:25,280
you work very differently. So, it
10985
06:09:25,280 --> 06:09:27,040
reminds me this Muhammad Ali quote where
10986
06:09:27,040 --> 06:09:28,558
he says, "I hated every minute of
10987
06:09:28,558 --> 06:09:30,160
training, but I would tell myself,
10988
06:09:30,160 --> 06:09:31,840
suffer now and live the rest of your
10989
06:09:31,840 --> 06:09:34,160
life as a champion." I have this uh
10990
06:09:34,160 --> 06:09:35,920
tweet that I said a minute ago that I
10991
06:09:35,920 --> 06:09:38,000
really like. And so whenever I get to a
10992
06:09:38,000 --> 06:09:39,440
low point where I think why do I even
10993
06:09:39,440 --> 06:09:41,120
bother? I just try and remind myself
10994
06:09:41,120 --> 06:09:42,638
this is where most people stop and this
10995
06:09:42,638 --> 06:09:44,718
is why they don't win. That period that
10996
06:09:44,718 --> 06:09:47,360
wall that you hit like that is that is
10997
06:09:47,360 --> 06:09:49,120
the champion wall. That is where you you
10998
06:09:49,120 --> 06:09:50,320
leave everyone else behind because
10999
06:09:50,320 --> 06:09:51,840
everyone only works until their point of
11000
06:09:51,840 --> 06:09:53,520
excitement and then they stop. It's like
11001
06:09:53,520 --> 06:09:55,600
you have to find that next gear. So the
11002
06:09:55,600 --> 06:10:01,200
next point is that they cannot copy
11003
06:10:01,200 --> 06:10:03,840
your proof. People want to gain
11004
06:10:03,840 --> 06:10:05,840
reputations. They want to be known for
11005
06:10:05,840 --> 06:10:07,920
certain things. They want to get status.
11006
06:10:07,920 --> 06:10:11,280
But people can copy your promises. They
11007
06:10:11,280 --> 06:10:13,120
can copy your services. They can copy
11008
06:10:13,120 --> 06:10:15,040
your logo. They can copy your name, but
11009
06:10:15,040 --> 06:10:17,520
they can't copy what you've done. I have
11010
06:10:17,520 --> 06:10:19,280
sometimes younger entrepreneurs who
11011
06:10:19,280 --> 06:10:20,558
reach out and they're like, hey, I want
11012
06:10:20,558 --> 06:10:22,080
to build a big brand. And um they're
11013
06:10:22,080 --> 06:10:23,600
like, I want to start making content.
11014
06:10:23,600 --> 06:10:26,558
But I advise them to only make content
11015
06:10:26,558 --> 06:10:28,240
if they're truly documenting and don't
11016
06:10:28,240 --> 06:10:30,240
transition into teacher mode. Because
11017
06:10:30,240 --> 06:10:31,680
the thing that will build your brand is
11018
06:10:31,680 --> 06:10:33,600
the stuff you do. Like we look at the
11019
06:10:33,600 --> 06:10:34,878
business titans that are out there,
11020
06:10:34,878 --> 06:10:36,718
right? You look at Elon, you look at
11021
06:10:36,718 --> 06:10:38,798
Bezos, you look at maybe now Sam Alman,
11022
06:10:38,798 --> 06:10:40,718
you look at Jensen Hang from Nvidia and
11023
06:10:40,718 --> 06:10:43,040
they now have these quote big business
11024
06:10:43,040 --> 06:10:45,440
brands. Steve Jobs, Bill Gates, Warren
11025
06:10:45,440 --> 06:10:46,958
Buffett, they are considered probably
11026
06:10:46,958 --> 06:10:48,878
the leaders of the business world in
11027
06:10:48,878 --> 06:10:50,718
terms of thought leadership. But did
11028
06:10:50,718 --> 06:10:53,440
they get there by building personal
11029
06:10:53,440 --> 06:10:55,040
brands? Or did they get there by
11030
06:10:55,040 --> 06:10:57,760
building personal businesses and then by
11031
06:10:57,760 --> 06:10:59,280
building personal businesses, which I'm
11032
06:10:59,280 --> 06:11:00,798
joking here. They just built big ass
11033
06:11:00,798 --> 06:11:03,040
businesses. By extension, people wanted
11034
06:11:03,040 --> 06:11:05,440
to know who was the person behind this
11035
06:11:05,440 --> 06:11:07,520
big business. And then they built their
11036
06:11:07,520 --> 06:11:09,920
credibility before they built their
11037
06:11:09,920 --> 06:11:11,440
likability. Everyone wants to put the
11038
06:11:11,440 --> 06:11:12,798
car before the horse. Everyone wants to
11039
06:11:12,798 --> 06:11:14,160
put the uh they want to eat the pudding
11040
06:11:14,160 --> 06:11:15,520
before they have the proof. The proof
11041
06:11:15,520 --> 06:11:16,718
comes before the pudding in the real
11042
06:11:16,718 --> 06:11:18,240
world. In a world where anyone can say
11043
06:11:18,240 --> 06:11:20,638
anything and get instant reach, trust is
11044
06:11:20,638 --> 06:11:22,558
the thing that is the scarcity. That is
11045
06:11:22,558 --> 06:11:26,160
the that is the rare commodity. And so
11046
06:11:26,160 --> 06:11:27,760
the idea is if you want to build a
11047
06:11:27,760 --> 06:11:29,200
really big brand, then you want to index
11048
06:11:29,200 --> 06:11:30,878
super hard on trust. And the way that
11049
06:11:30,878 --> 06:11:32,558
people can trust you is that you do what
11050
06:11:32,558 --> 06:11:34,320
you said you have done. The reason Mr.
11051
06:11:34,320 --> 06:11:37,360
Beast videos worked is because he used
11052
06:11:37,360 --> 06:11:39,360
his videos as proof. He didn't say, "I
11053
06:11:39,360 --> 06:11:40,878
am super knowledgeable." He said, "Look,
11054
06:11:40,878 --> 06:11:42,160
I did something that no one else is
11055
06:11:42,160 --> 06:11:43,280
willing to do." His first video that
11056
06:11:43,280 --> 06:11:44,718
went viral was him counting to a million
11057
06:11:44,718 --> 06:11:47,120
or something crazy, right? And so he did
11058
06:11:47,120 --> 06:11:48,400
something that other people were not
11059
06:11:48,400 --> 06:11:49,840
willing to do. And so he just happened
11060
06:11:49,840 --> 06:11:51,520
to have documented that thing. And so if
11061
06:11:51,520 --> 06:11:53,040
you're like, well, how do I get proof?
11062
06:11:53,040 --> 06:11:54,718
I'm so young. It's like, well, you just
11063
06:11:54,718 --> 06:11:56,958
do epic stuff. And then people will be
11064
06:11:56,958 --> 06:11:59,200
like, wow, he did epic stuff. This is
11065
06:11:59,200 --> 06:12:01,360
interesting. And so it still requires
11066
06:12:01,360 --> 06:12:03,200
epic amounts of work in order to do
11067
06:12:03,200 --> 06:12:04,480
that. The reason that there's such a
11068
06:12:04,480 --> 06:12:06,240
misconception about overnight success is
11069
06:12:06,240 --> 06:12:08,480
that it's just that there's a threshold
11070
06:12:08,480 --> 06:12:10,320
over which you are good enough that you
11071
06:12:10,320 --> 06:12:13,040
go viral. All right? And so this is call
11072
06:12:13,040 --> 06:12:15,680
it like here is the viral you know viral
11073
06:12:15,680 --> 06:12:17,280
moment. All right. So this is our viral
11074
06:12:17,280 --> 06:12:19,280
moment right here. The thing is is that
11075
06:12:19,280 --> 06:12:21,920
we the person lived this whole life.
11076
06:12:21,920 --> 06:12:23,920
What we in the public see is this moment
11077
06:12:23,920 --> 06:12:26,240
what happened since. And so we have the
11078
06:12:26,240 --> 06:12:28,080
perception of overnight success. And
11079
06:12:28,080 --> 06:12:29,520
this is why it's so difficult for people
11080
06:12:29,520 --> 06:12:30,798
to wrap their heads around because they
11081
06:12:30,798 --> 06:12:32,718
want to model what they see not what
11082
06:12:32,718 --> 06:12:34,718
occurred. And so we have to model what
11083
06:12:34,718 --> 06:12:37,200
they did not what happened. And so this
11084
06:12:37,200 --> 06:12:38,958
fundamentally is the inputs. This is
11085
06:12:38,958 --> 06:12:40,240
what they put in for a long period of
11086
06:12:40,240 --> 06:12:43,200
time. What we see here is the output.
11087
06:12:43,200 --> 06:12:45,200
This is what's visible. And so this is
11088
06:12:45,200 --> 06:12:47,040
where it gets especially difficult for
11089
06:12:47,040 --> 06:12:48,558
people trying to learn is that most
11090
06:12:48,558 --> 06:12:50,878
people get rich and then they get weird.
11091
06:12:50,878 --> 06:12:52,638
And then what happens is people then try
11092
06:12:52,638 --> 06:12:55,600
and copy what they do here,
11093
06:12:55,600 --> 06:12:57,440
not what they did to get there. And so
11094
06:12:57,440 --> 06:12:58,878
they copy the wrong stuff. They model
11095
06:12:58,878 --> 06:13:00,798
the plateau, not the rise. So you don't
11096
06:13:00,798 --> 06:13:02,718
get rich by flying on private jets. You
11097
06:13:02,718 --> 06:13:04,958
get rich then you can fly on private
11098
06:13:04,958 --> 06:13:07,360
jets. And so a big thing that richer
11099
06:13:07,360 --> 06:13:08,878
people do is that they will act with
11100
06:13:08,878 --> 06:13:10,400
urgency. And I would say this is just
11101
06:13:10,400 --> 06:13:11,520
not even richer people. This is
11102
06:13:11,520 --> 06:13:13,040
entrepreneurs specifically that I'm
11103
06:13:13,040 --> 06:13:14,638
making this video for is that they act
11104
06:13:14,638 --> 06:13:17,040
with urgency. All right? And so you can
11105
06:13:17,040 --> 06:13:19,680
tell in some ways how how successful
11106
06:13:19,680 --> 06:13:20,958
someone's going to be by how quickly
11107
06:13:20,958 --> 06:13:23,440
they do things. The gap between thoughts
11108
06:13:23,440 --> 06:13:24,958
and action. And so this is something I
11109
06:13:24,958 --> 06:13:26,320
personally work on a lot which is like
11110
06:13:26,320 --> 06:13:27,520
how quickly between when I make a
11111
06:13:27,520 --> 06:13:29,200
decision to do something does it
11112
06:13:29,200 --> 06:13:31,520
actually occur. And you can improve your
11113
06:13:31,520 --> 06:13:33,600
potency as a person, how powerful you
11114
06:13:33,600 --> 06:13:35,600
are by decreasing the gap between
11115
06:13:35,600 --> 06:13:36,878
thoughts and action. Like if you think
11116
06:13:36,878 --> 06:13:38,480
about the hypothetical extreme of this,
11117
06:13:38,480 --> 06:13:40,878
the god figure if you will, thoughts and
11118
06:13:40,878 --> 06:13:42,878
reality are one and the same. He thinks
11119
06:13:42,878 --> 06:13:44,480
planets and universes and they appear.
11120
06:13:44,480 --> 06:13:45,680
And so that would be the ultimate
11121
06:13:45,680 --> 06:13:47,520
demonstration of power in my opinion.
11122
06:13:47,520 --> 06:13:49,680
And so we can approximate that. We can
11123
06:13:49,680 --> 06:13:51,600
get as close to that as we can by
11124
06:13:51,600 --> 06:13:53,760
shrinking the time it takes between when
11125
06:13:53,760 --> 06:13:55,360
we think and when we decide and then
11126
06:13:55,360 --> 06:13:57,360
when we ultimately do. When you don't
11127
06:13:57,360 --> 06:13:58,958
have any more information to collect in
11128
06:13:58,958 --> 06:14:00,480
order to make a decision, then you make
11129
06:14:00,480 --> 06:14:02,878
the decision. And you make the decision
11130
06:14:02,878 --> 06:14:05,280
by eliminating alternatives. So like
11131
06:14:05,280 --> 06:14:06,718
literally the word decide comes from
11132
06:14:06,718 --> 06:14:08,878
decadere which is Latin for to cut off.
11133
06:14:08,878 --> 06:14:10,240
And so the question is what thing are
11134
06:14:10,240 --> 06:14:12,000
you eliminating by making the decision
11135
06:14:12,000 --> 06:14:13,280
that you're going to make. And a really
11136
06:14:13,280 --> 06:14:15,120
easy tactical thing is is whenever you
11137
06:14:15,120 --> 06:14:16,160
say I'm going to get this done by the
11138
06:14:16,160 --> 06:14:17,760
end of the week ask yourself can I get
11139
06:14:17,760 --> 06:14:19,280
it done by the end of the day? And that
11140
06:14:19,280 --> 06:14:21,200
seems like a very small hack but that
11141
06:14:21,200 --> 06:14:23,760
increases your pace of progress by 7x.
11142
06:14:23,760 --> 06:14:25,280
And so if you hear that you're like wow
11143
06:14:25,280 --> 06:14:27,200
7x it's like yeah and for that reason
11144
06:14:27,200 --> 06:14:28,798
there are people who are working 100
11145
06:14:28,798 --> 06:14:30,160
times faster than you. And I think that
11146
06:14:30,160 --> 06:14:31,840
this is a really good cultural thing
11147
06:14:31,840 --> 06:14:35,760
which is uh you can just say end of day
11148
06:14:35,760 --> 06:14:37,440
not
11149
06:14:37,440 --> 06:14:41,920
end of week and not end of month end of
11150
06:14:41,920 --> 06:14:43,680
week. So in each of the instances this
11151
06:14:43,680 --> 06:14:46,160
is a 4x increase this is a 7x increase
11152
06:14:46,160 --> 06:14:48,400
right and you can even go end of day
11153
06:14:48,400 --> 06:14:51,120
goes into end of hour. Now this is one
11154
06:14:51,120 --> 06:14:52,878
that I talks about a lot and she's a
11155
06:14:52,878 --> 06:14:56,160
master operator is that she heard this
11156
06:14:56,160 --> 06:14:58,160
from a mentor. She said, "If it's a five
11157
06:14:58,160 --> 06:15:00,400
minute task and you have 5 minutes, do
11158
06:15:00,400 --> 06:15:01,680
it now." And so the amount of times
11159
06:15:01,680 --> 06:15:02,958
where I'm like, "Hey, we should do this
11160
06:15:02,958 --> 06:15:04,958
thing." And then literally in 60 seconds
11161
06:15:04,958 --> 06:15:07,200
it's handled by Ila, like while I'm just
11162
06:15:07,200 --> 06:15:08,798
walking around talking just like
11163
06:15:08,798 --> 06:15:11,280
shooting ideas out there is baffling.
11164
06:15:11,280 --> 06:15:14,320
And so her speed of like that's a great
11165
06:15:14,320 --> 06:15:16,240
idea, it's already been, you know,
11166
06:15:16,240 --> 06:15:17,760
delegated out. Like she doesn't keep
11167
06:15:17,760 --> 06:15:19,920
things on her plate. And so there's this
11168
06:15:19,920 --> 06:15:22,798
big falseness that I think is propagated
11169
06:15:22,798 --> 06:15:24,798
by a lot of the social media world
11170
06:15:24,798 --> 06:15:26,400
because it feels good and to get lots of
11171
06:15:26,400 --> 06:15:27,600
shares because it gives people
11172
06:15:27,600 --> 06:15:30,000
permission to be lazy. It gives people
11173
06:15:30,000 --> 06:15:31,760
permission to tell themselves that
11174
06:15:31,760 --> 06:15:33,520
they're great just the way they are. I
11175
06:15:33,520 --> 06:15:35,120
wholeheartedly reject that entire
11176
06:15:35,120 --> 06:15:37,360
notion. The idea that they sell you is
11177
06:15:37,360 --> 06:15:39,360
that you're young. You've got time. And
11178
06:15:39,360 --> 06:15:42,400
I think that is false because all this
11179
06:15:42,400 --> 06:15:46,000
does is extend how long it takes you to
11180
06:15:46,000 --> 06:15:48,480
remember that number one, tomorrow isn't
11181
06:15:48,480 --> 06:15:50,160
guaranteed. Like I just looked at my
11182
06:15:50,160 --> 06:15:51,600
newsfeed this morning and I there was a
11183
06:15:51,600 --> 06:15:53,360
guy that I knew who's my age and he just
11184
06:15:53,360 --> 06:15:55,200
died of stomach cancer. Really sad.
11185
06:15:55,200 --> 06:15:56,958
Really nice guy. Wife and three kids
11186
06:15:56,958 --> 06:15:59,600
into fitness, really in shape. Just a
11187
06:15:59,600 --> 06:16:01,440
freak thing that happened. And so the
11188
06:16:01,440 --> 06:16:03,840
assumption that you've got time assumes
11189
06:16:03,840 --> 06:16:05,040
that you know you're going to live
11190
06:16:05,040 --> 06:16:06,160
forever, that you know you're going to
11191
06:16:06,160 --> 06:16:07,760
live to 100. And we know that that's not
11192
06:16:07,760 --> 06:16:08,958
true. And let me put this in
11193
06:16:08,958 --> 06:16:12,240
perspective. Three out of 10,000 people
11194
06:16:12,240 --> 06:16:14,320
live to 100. And so everyone has this
11195
06:16:14,320 --> 06:16:15,360
assumption in their mind that they're
11196
06:16:15,360 --> 06:16:17,120
like, "Yeah, I'm at 50, so I'm going to
11197
06:16:17,120 --> 06:16:18,878
make it to 100." Yeah. Well, you've got
11198
06:16:18,878 --> 06:16:21,840
a 3 in 10,000 shot at doing that. Very
11199
06:16:21,840 --> 06:16:24,080
unlikely. More realistically, you'll die
11200
06:16:24,080 --> 06:16:26,240
at the median, which is 74 for men in
11201
06:16:26,240 --> 06:16:28,400
the US, which means that at 37, you're
11202
06:16:28,400 --> 06:16:30,400
actually at the halfway point, just in
11203
06:16:30,400 --> 06:16:32,878
years. But if you adjust for the
11204
06:16:32,878 --> 06:16:34,480
increase in speed of time. So the same
11205
06:16:34,480 --> 06:16:36,240
reason that your kid at 5 years old
11206
06:16:36,240 --> 06:16:37,520
thinks that something takes forever when
11207
06:16:37,520 --> 06:16:38,718
you say it's going to happen next year
11208
06:16:38,718 --> 06:16:40,320
and when you're 40 something that
11209
06:16:40,320 --> 06:16:42,000
happens next year feels like you blink
11210
06:16:42,000 --> 06:16:43,520
your eyes and it's there is that when
11211
06:16:43,520 --> 06:16:45,600
you're five one year is 20% of your
11212
06:16:45,600 --> 06:16:48,160
life. When you're 40 one year is 2 and a
11213
06:16:48,160 --> 06:16:50,080
half% of your life. And so it very much
11214
06:16:50,080 --> 06:16:52,878
in real way is nine times faster than it
11215
06:16:52,878 --> 06:16:54,958
is for your 5-year-old. And so it's my
11216
06:16:54,958 --> 06:16:56,558
belief that as we get older we don't
11217
06:16:56,558 --> 06:16:58,558
become more patient. Time just moves
11218
06:16:58,558 --> 06:17:01,120
faster. And so if you adjust for that
11219
06:17:01,120 --> 06:17:04,240
time speed, your midpoint isn't 37. It's
11220
06:17:04,240 --> 06:17:06,558
closer to 21. And so this is also why in
11221
06:17:06,558 --> 06:17:08,000
my opinion when you think back on your
11222
06:17:08,000 --> 06:17:09,760
life, you have so much meat in the first
11223
06:17:09,760 --> 06:17:11,360
20 years. So much stuff happens, all
11224
06:17:11,360 --> 06:17:13,120
these material life events. And it's
11225
06:17:13,120 --> 06:17:14,878
because in that time period, it was half
11226
06:17:14,878 --> 06:17:17,440
of your life. And then after that,
11227
06:17:17,440 --> 06:17:19,040
everything happens real fast. And so
11228
06:17:19,040 --> 06:17:20,240
what you have to realize is one,
11229
06:17:20,240 --> 06:17:22,638
tomorrow isn't guaranteed. Two, nothing
11230
06:17:22,638 --> 06:17:24,638
is going to be easy. Just get over it.
11231
06:17:24,638 --> 06:17:26,000
Every time you think, oh, this could
11232
06:17:26,000 --> 06:17:27,760
look just get immediately skip to it.
11233
06:17:27,760 --> 06:17:29,520
Oh, that's not true. there's something I
11234
06:17:29,520 --> 06:17:30,878
don't know about that. Just skip to it.
11235
06:17:30,878 --> 06:17:32,160
The faster you can train that muscle
11236
06:17:32,160 --> 06:17:35,200
that as soon as you have this FOMO, just
11237
06:17:35,200 --> 06:17:36,798
slow down and realize that you don't
11238
06:17:36,798 --> 06:17:38,638
know enough. Three, it takes time to get
11239
06:17:38,638 --> 06:17:40,320
good. There's no one who's good at
11240
06:17:40,320 --> 06:17:41,840
anything that was immediately good at
11241
06:17:41,840 --> 06:17:43,280
it. And the people who are immediately
11242
06:17:43,280 --> 06:17:44,480
good at it, I remember telling a
11243
06:17:44,480 --> 06:17:45,360
professor, I was like, you know, I've
11244
06:17:45,360 --> 06:17:46,558
just naturally been good at languages.
11245
06:17:46,558 --> 06:17:47,840
He was like, when you were a kid, did
11246
06:17:47,840 --> 06:17:48,798
you have multiple languages in your
11247
06:17:48,798 --> 06:17:50,638
household? I was like, well, yeah, I'm
11248
06:17:50,638 --> 06:17:52,160
bilingual. And he's like, what are you
11249
06:17:52,160 --> 06:17:53,920
even talking about? Like, you literally
11250
06:17:53,920 --> 06:17:55,040
started with that. So, of course,
11251
06:17:55,040 --> 06:17:57,200
languages are easier for you. And so the
11252
06:17:57,200 --> 06:17:58,400
thing is is that the people who have
11253
06:17:58,400 --> 06:18:00,000
things that come naturally to them, they
11254
06:18:00,000 --> 06:18:01,840
just only came because they forgot the
11255
06:18:01,840 --> 06:18:04,000
work that generalized to the new skill.
11256
06:18:04,000 --> 06:18:05,520
Once you realize that it takes time and
11257
06:18:05,520 --> 06:18:07,680
repetitions to get good, then you also
11258
06:18:07,680 --> 06:18:09,600
realize that the sooner you start, the
11259
06:18:09,600 --> 06:18:12,558
sooner you get. And don't stop until you
11260
06:18:12,558 --> 06:18:14,240
do. So let's assume you act with
11261
06:18:14,240 --> 06:18:16,000
urgency, right? You've gotten that done.
11262
06:18:16,000 --> 06:18:17,520
You've moved end of week to end of day.
11263
06:18:17,520 --> 06:18:18,718
You've moved end of day to end of this
11264
06:18:18,718 --> 06:18:20,080
hour. You moved end of month to end of
11265
06:18:20,080 --> 06:18:21,200
this week. And you've massively
11266
06:18:21,200 --> 06:18:22,958
increased the speed that you execute.
11267
06:18:22,958 --> 06:18:25,200
Well, then you start running face
11268
06:18:25,200 --> 06:18:26,638
forward into the fact that things are
11269
06:18:26,638 --> 06:18:28,400
going to get really hard really fast.
11270
06:18:28,400 --> 06:18:30,080
And so I will I will tell you this one
11271
06:18:30,080 --> 06:18:32,638
is that hard is for now, not forever.
11272
06:18:32,638 --> 06:18:35,680
And so the good thing about bad times is
11273
06:18:35,680 --> 06:18:37,280
that they end. And the bad thing about
11274
06:18:37,280 --> 06:18:39,360
good times is that they also end. And so
11275
06:18:39,360 --> 06:18:40,718
whenever you're going through a good
11276
06:18:40,718 --> 06:18:42,240
season, it's also a good reminder that
11277
06:18:42,240 --> 06:18:44,798
this too shall pass. And so what ends up
11278
06:18:44,798 --> 06:18:46,000
happening is that when you're in the
11279
06:18:46,000 --> 06:18:47,440
hard time, that can give you that
11280
06:18:47,440 --> 06:18:49,120
necessary respite. It can give you the
11281
06:18:49,120 --> 06:18:50,558
end of the the tunnel that you can look
11282
06:18:50,558 --> 06:18:52,080
forward to. There's only three outcomes.
11283
06:18:52,080 --> 06:18:54,718
You either quit, it gets easier, or you
11284
06:18:54,718 --> 06:18:56,798
get harder. So, think about that because
11285
06:18:56,798 --> 06:18:59,600
no matter what, it always ends, but you
11286
06:18:59,600 --> 06:19:01,440
only lose when you quit before you see
11287
06:19:01,440 --> 06:19:03,120
it through. Because two out of the three
11288
06:19:03,120 --> 06:19:05,840
outcomes get easier. Either it relents,
11289
06:19:05,840 --> 06:19:07,600
the outside circumstance gets easier,
11290
06:19:07,600 --> 06:19:09,840
like the hard thing moves, or you become
11291
06:19:09,840 --> 06:19:11,840
harder and then by extension, it no
11292
06:19:11,840 --> 06:19:13,520
longer feels hard for you, which I'll
11293
06:19:13,520 --> 06:19:15,200
make this real for you right now. Think
11294
06:19:15,200 --> 06:19:16,558
about the problems that you were
11295
06:19:16,558 --> 06:19:18,638
stressed about 5 years ago in your
11296
06:19:18,638 --> 06:19:20,240
business, right? Think about the things
11297
06:19:20,240 --> 06:19:21,600
that you were dealing with, what you
11298
06:19:21,600 --> 06:19:23,200
were stressed about. Now, think about
11299
06:19:23,200 --> 06:19:24,480
you trying to solve those problems
11300
06:19:24,480 --> 06:19:26,000
today. It's probably a joke to you now.
11301
06:19:26,000 --> 06:19:27,280
You'd be like, "Well, yeah, obviously."
11302
06:19:27,280 --> 06:19:29,200
It's not that those things became less
11303
06:19:29,200 --> 06:19:31,600
hard, you became better. But here's
11304
06:19:31,600 --> 06:19:32,958
where this gets really interesting for
11305
06:19:32,958 --> 06:19:34,480
me. It just means that nothing is
11306
06:19:34,480 --> 06:19:36,798
inherently hard to begin with anyways.
11307
06:19:36,798 --> 06:19:38,958
We are just always inadequate. For me, I
11308
06:19:38,958 --> 06:19:40,320
remember when I had five employees and I
11309
06:19:40,320 --> 06:19:41,440
was like, "Man, it's so many people to
11310
06:19:41,440 --> 06:19:42,638
manage." Or, you know, I was like,
11311
06:19:42,638 --> 06:19:44,080
"Where am I going to, you know, I have
11312
06:19:44,080 --> 06:19:45,600
to manage cash flow. How do I do that?"
11313
06:19:45,600 --> 06:19:46,798
Or like, "How am I going to get new
11314
06:19:46,798 --> 06:19:48,718
customers? like how do I how do I I
11315
06:19:48,718 --> 06:19:50,000
can't sell really expensive stuff. Like
11316
06:19:50,000 --> 06:19:51,920
what if someone gets upset, you know, if
11317
06:19:51,920 --> 06:19:53,760
I if I charge more, right? What if what
11318
06:19:53,760 --> 06:19:55,280
if someone finds out I charged this
11319
06:19:55,280 --> 06:19:56,558
much? As though it's like something
11320
06:19:56,558 --> 06:19:59,360
wrong. Like all of these things are just
11321
06:19:59,360 --> 06:20:01,360
just irrelevant to me now. Just so
11322
06:20:01,360 --> 06:20:03,120
silly. Though for me at the time, they
11323
06:20:03,120 --> 06:20:05,360
were difficult. And I can only imagine
11324
06:20:05,360 --> 06:20:07,840
how inconsequential the problems that I
11325
06:20:07,840 --> 06:20:10,000
deal with growing hopefully three
11326
06:20:10,000 --> 06:20:11,120
billion dollar companies right now
11327
06:20:11,120 --> 06:20:12,798
within the portfolio compared to what
11328
06:20:12,798 --> 06:20:15,840
Elon deals with having six multiple
11329
06:20:15,840 --> 06:20:18,480
hundred billion dollar companies and I I
11330
06:20:18,480 --> 06:20:20,718
compare myself to that so I can always
11331
06:20:20,718 --> 06:20:23,360
feel like I have a long way to go. If
11332
06:20:23,360 --> 06:20:26,240
you are a business owner and you're
11333
06:20:26,240 --> 06:20:27,840
making you know you've got a legitimate
11334
06:20:27,840 --> 06:20:29,600
business, you've got employees, revenue,
11335
06:20:29,600 --> 06:20:32,958
profit, etc. and you'd like to see how
11336
06:20:32,958 --> 06:20:35,760
we grow companies. Uh, every month at
11337
06:20:35,760 --> 06:20:37,440
acquisition.com in person at my
11338
06:20:37,440 --> 06:20:40,320
headquarters, we hold basically two-day
11339
06:20:40,320 --> 06:20:42,958
workshops where my team, my actual, you
11340
06:20:42,958 --> 06:20:44,080
know, director of marketing, director of
11341
06:20:44,080 --> 06:20:46,080
sales, director of media, all of all of
11342
06:20:46,080 --> 06:20:48,798
my team basically works with businesses
11343
06:20:48,798 --> 06:20:51,520
to just help them grow. And it's a cool
11344
06:20:51,520 --> 06:20:53,040
way for us to meet new companies that
11345
06:20:53,040 --> 06:20:54,320
kind of builds our pipeline on the
11346
06:20:54,320 --> 06:20:55,840
investment side, but it also just
11347
06:20:55,840 --> 06:20:57,680
provides value to you guys. And so, it's
11348
06:20:57,680 --> 06:20:59,120
kind of a cool win-win. You know, the
11349
06:20:59,120 --> 06:21:01,120
reviews are exceptional. So the link is
11350
06:21:01,120 --> 06:21:04,958
ACQ ACQ the letters.com
11351
06:21:04,958 --> 06:21:07,040
vegas. You can go there and you grab a
11352
06:21:07,040 --> 06:21:08,240
time with my team. They'll just ask you
11353
06:21:08,240 --> 06:21:09,200
a couple questions, make sure the
11354
06:21:09,200 --> 06:21:10,160
business makes sense that we can help
11355
06:21:10,160 --> 06:21:11,760
you out. And if so, then we'll invite
11356
06:21:11,760 --> 06:21:13,760
you out here to Vegas and have a have a
11357
06:21:13,760 --> 06:21:15,520
party. Not really. It'll just be almost
11358
06:21:15,520 --> 06:21:17,120
all entirely business. And I would
11359
06:21:17,120 --> 06:21:18,638
encourage you not to party at least till
11360
06:21:18,638 --> 06:21:20,878
afterwards. Uh but beyond that, let's
11361
06:21:20,878 --> 06:21:22,160
get back to it. But let me give you one
11362
06:21:22,160 --> 06:21:23,440
thing that that'll also give you a
11363
06:21:23,440 --> 06:21:24,958
little bit of hope about these these
11364
06:21:24,958 --> 06:21:28,160
hard times is that these hard times are
11365
06:21:28,160 --> 06:21:31,160
also
11366
06:21:32,400 --> 06:21:35,600
your best times
11367
06:21:35,600 --> 06:21:38,240
but only in reverse. And so let me
11368
06:21:38,240 --> 06:21:39,520
explain what I mean by that. Think about
11369
06:21:39,520 --> 06:21:41,280
the times when you were younger and you
11370
06:21:41,280 --> 06:21:42,878
were in love and you were poor and
11371
06:21:42,878 --> 06:21:44,160
you're like man those were the good old
11372
06:21:44,160 --> 06:21:45,360
days. The thing is is that when you were
11373
06:21:45,360 --> 06:21:46,718
in that moment it was stressful. You
11374
06:21:46,718 --> 06:21:47,520
didn't know how you're going to make
11375
06:21:47,520 --> 06:21:48,400
ends meet, how you're going to make
11376
06:21:48,400 --> 06:21:49,600
rent, where you're going to get food,
11377
06:21:49,600 --> 06:21:51,680
whatever it is. You have these these
11378
06:21:51,680 --> 06:21:53,360
hard times, the hard times that you go
11379
06:21:53,360 --> 06:21:55,040
through today, but these hard times
11380
06:21:55,040 --> 06:21:56,718
become the good old days. And so, we
11381
06:21:56,718 --> 06:21:59,520
only see the truth when we look back.
11382
06:21:59,520 --> 06:22:01,360
You have to go through them to get the
11383
06:22:01,360 --> 06:22:02,558
perspective. And it's something that I
11384
06:22:02,558 --> 06:22:04,400
try and like remember on a regular basis
11385
06:22:04,400 --> 06:22:06,000
that like I'm going through the good old
11386
06:22:06,000 --> 06:22:07,280
days. And if they're the good old days
11387
06:22:07,280 --> 06:22:08,558
in the future, they might as well be the
11388
06:22:08,558 --> 06:22:12,000
good old days today. So, let me tell you
11389
06:22:12,000 --> 06:22:14,480
a little bit about what it feels like
11390
06:22:14,480 --> 06:22:16,240
throughout this entire process. Because
11391
06:22:16,240 --> 06:22:17,920
if you were consistently growing, you
11392
06:22:17,920 --> 06:22:19,280
were consistently in pain. That's why
11393
06:22:19,280 --> 06:22:22,080
they're called growing pains, not
11394
06:22:22,080 --> 06:22:26,000
growing joys. And if you have stress
11395
06:22:26,000 --> 06:22:28,798
from growth, remember the alternative is
11396
06:22:28,798 --> 06:22:30,558
that you can have stress from stagnation
11397
06:22:30,558 --> 06:22:32,798
and you can have stress from decline,
11398
06:22:32,798 --> 06:22:34,558
which fundamentally means that hardness
11399
06:22:34,558 --> 06:22:37,120
and stress is a fact of life. You will
11400
06:22:37,120 --> 06:22:38,878
always have stress, you will always have
11401
06:22:38,878 --> 06:22:40,558
problems. And the largest problem of
11402
06:22:40,558 --> 06:22:42,718
all, the largest stressor of all is
11403
06:22:42,718 --> 06:22:44,798
determining that having problems is a
11404
06:22:44,798 --> 06:22:46,480
problem. Is that being stressed means
11405
06:22:46,480 --> 06:22:48,080
there's something wrong with you. But
11406
06:22:48,080 --> 06:22:50,000
being stressed just means you're alive.
11407
06:22:50,000 --> 06:22:52,320
Having problems just means that you are
11408
06:22:52,320 --> 06:22:53,680
actually doing something. I'll tell you
11409
06:22:53,680 --> 06:22:55,120
this story that I think can drive this
11410
06:22:55,120 --> 06:22:57,200
home. And I think this is the path to
11411
06:22:57,200 --> 06:23:01,680
fulfillment over comfort.
11412
06:23:01,680 --> 06:23:03,040
So imagine you talk to the creator of
11413
06:23:03,040 --> 06:23:05,520
the universe before birth and pick the
11414
06:23:05,520 --> 06:23:07,760
person you get to become. You say, "I
11415
06:23:07,760 --> 06:23:09,440
want to be the most courageous." The
11416
06:23:09,440 --> 06:23:11,040
creator replies and says, "Well then I
11417
06:23:11,040 --> 06:23:12,558
will give you monsters to terrify you so
11418
06:23:12,558 --> 06:23:13,600
that you can conquer them." Then you
11419
06:23:13,600 --> 06:23:14,718
say, "Well, I want to be patient." And
11420
06:23:14,718 --> 06:23:16,320
the creator replies, "Well, then I will
11421
06:23:16,320 --> 06:23:17,760
make you work harder and longer so you
11422
06:23:17,760 --> 06:23:19,120
can learn to wait." So then you say, "I
11423
06:23:19,120 --> 06:23:20,638
want to be wise." Then the creator
11424
06:23:20,638 --> 06:23:22,160
replies, "Then I will give you failures
11425
06:23:22,160 --> 06:23:23,600
that will crush your spirit so you can
11426
06:23:23,600 --> 06:23:25,200
learn the value of judgment." You then
11427
06:23:25,200 --> 06:23:27,440
say, "Sounds like a rough life. Can you
11428
06:23:27,440 --> 06:23:29,200
give me a good life?" Creator replies,
11429
06:23:29,200 --> 06:23:30,718
"Just like we measure the quality of a
11430
06:23:30,718 --> 06:23:32,558
blacksmith by the strength of his steel.
11431
06:23:32,558 --> 06:23:34,400
I measure you by what you are at the
11432
06:23:34,400 --> 06:23:36,480
end, not the fire and the hammer it took
11433
06:23:36,480 --> 06:23:38,878
to make you." A good life isn't a life
11434
06:23:38,878 --> 06:23:40,798
that's easy. A good life is a life that
11435
06:23:40,798 --> 06:23:42,638
makes you into a good person. And that,
11436
06:23:42,638 --> 06:23:44,958
my son, is a hard life. And so I
11437
06:23:44,958 --> 06:23:46,798
remember when I when I sold Gym Launch,
11438
06:23:46,798 --> 06:23:47,920
there was a year that I more or less
11439
06:23:47,920 --> 06:23:49,760
took off. I had all these kind of
11440
06:23:49,760 --> 06:23:51,360
existential crises that I was going
11441
06:23:51,360 --> 06:23:52,878
through because all I had been doing is
11442
06:23:52,878 --> 06:23:54,080
just working and working, working. Then
11443
06:23:54,080 --> 06:23:55,440
I hadn't like put my head up to like
11444
06:23:55,440 --> 06:23:57,680
look around and and smell the roses, per
11445
06:23:57,680 --> 06:23:59,120
se. The problem that I had was that when
11446
06:23:59,120 --> 06:24:00,320
I was smelling the roses, I was
11447
06:24:00,320 --> 06:24:02,558
miserable. I was very sad. And the the
11448
06:24:02,558 --> 06:24:04,240
sadness for me came from the thing that
11449
06:24:04,240 --> 06:24:05,920
I had that was most reinforcing my life
11450
06:24:05,920 --> 06:24:07,200
was the work that I was doing. That was
11451
06:24:07,200 --> 06:24:08,638
the thing that was that I enjoyed the
11452
06:24:08,638 --> 06:24:10,320
most. And so not having that actually
11453
06:24:10,320 --> 06:24:12,240
created a huge loss for me. And so then
11454
06:24:12,240 --> 06:24:13,520
I had to create like what am I doing
11455
06:24:13,520 --> 06:24:15,200
like why am I here right and so for me
11456
06:24:15,200 --> 06:24:16,638
that was when I created the hypothesis
11457
06:24:16,638 --> 06:24:18,240
or at least the thesis I have for my
11458
06:24:18,240 --> 06:24:20,400
life was that hard work is the goal is
11459
06:24:20,400 --> 06:24:22,320
that nothing left in the tank which I
11460
06:24:22,320 --> 06:24:23,760
got from Jesse gets which I love
11461
06:24:23,760 --> 06:24:26,000
emptying the tank every day is the point
11462
06:24:26,000 --> 06:24:27,360
because for me those are the days that
11463
06:24:27,360 --> 06:24:28,718
when I look back are the days that I
11464
06:24:28,718 --> 06:24:30,400
feel the most fulfilled on in the moment
11465
06:24:30,400 --> 06:24:32,160
you feel tired you feel exhausted you
11466
06:24:32,160 --> 06:24:33,520
feel like you're bored you feel like you
11467
06:24:33,520 --> 06:24:34,718
don't want to do another repetition you
11468
06:24:34,718 --> 06:24:36,160
don't want to do another two hours but
11469
06:24:36,160 --> 06:24:37,920
another two hours another repetition
11470
06:24:37,920 --> 06:24:40,160
another edit is what is required not
11471
06:24:40,160 --> 06:24:41,600
what you want but is what is required
11472
06:24:41,600 --> 06:24:43,280
tired and if you have a little bit left
11473
06:24:43,280 --> 06:24:44,718
in the tank and you don't know if you
11474
06:24:44,718 --> 06:24:46,000
have a little bit left in the tank until
11475
06:24:46,000 --> 06:24:48,080
you empty it, until you physically can.
11476
06:24:48,080 --> 06:24:50,400
And so I think about that steel that
11477
06:24:50,400 --> 06:24:51,760
we're trying to make and the only
11478
06:24:51,760 --> 06:24:53,120
difference is that we are both the steel
11479
06:24:53,120 --> 06:24:55,040
and the blacksmith. And so the creator
11480
06:24:55,040 --> 06:24:56,718
in this would just give you the fire and
11481
06:24:56,718 --> 06:24:58,320
either you can stand far enough away
11482
06:24:58,320 --> 06:24:59,840
from it that it just keeps you warm or
11483
06:24:59,840 --> 06:25:01,520
you can go into it and you can hammer
11484
06:25:01,520 --> 06:25:02,878
out the impurities so that you can just
11485
06:25:02,878 --> 06:25:04,480
become better and better and better and
11486
06:25:04,480 --> 06:25:06,080
stronger. And if you're watching this
11487
06:25:06,080 --> 06:25:08,000
and you would like to start a business,
11488
06:25:08,000 --> 06:25:10,080
but you're not sure where to start. I am
11489
06:25:10,080 --> 06:25:12,000
a co-owner of school and we just started
11490
06:25:12,000 --> 06:25:13,840
the school games. And right now we're
11491
06:25:13,840 --> 06:25:17,280
giving $100,000 away in cash or a cyber
11492
06:25:17,280 --> 06:25:19,200
truck to the person who builds the
11493
06:25:19,200 --> 06:25:21,760
biggest community on school in 30 days.
11494
06:25:21,760 --> 06:25:23,120
And so school's just a community
11495
06:25:23,120 --> 06:25:24,558
platform that helps people start
11496
06:25:24,558 --> 06:25:26,958
businesses. And right now, one out of
11497
06:25:26,958 --> 06:25:29,280
two people who start a community, a paid
11498
06:25:29,280 --> 06:25:31,280
community on school make their first
11499
06:25:31,280 --> 06:25:33,120
dollar online. And so you're like,
11500
06:25:33,120 --> 06:25:35,200
"Okay, well that's cool." And right now,
11501
06:25:35,200 --> 06:25:36,798
on average, the average paid community
11502
06:25:36,798 --> 06:25:39,920
owner makes $1,360 per month. So, this
11503
06:25:39,920 --> 06:25:41,120
is not going to be the thing that makes
11504
06:25:41,120 --> 06:25:43,120
you, you know, a billionaire rich, but
11505
06:25:43,120 --> 06:25:44,558
it can help you get started, which is
11506
06:25:44,558 --> 06:25:45,840
why I invest in the company. I spent
11507
06:25:45,840 --> 06:25:46,958
four years looking for something that
11508
06:25:46,958 --> 06:25:48,480
could make the easiest kind of starter
11509
06:25:48,480 --> 06:25:50,000
business for people to get going,
11510
06:25:50,000 --> 06:25:51,520
especially starting online. The reason
11511
06:25:51,520 --> 06:25:53,040
that we have this success rate, right,
11512
06:25:53,040 --> 06:25:54,240
the reason that we have this very high
11513
06:25:54,240 --> 06:25:57,200
success rate is that I meet every single
11514
06:25:57,200 --> 06:25:58,878
week and onboard new people. So, every
11515
06:25:58,878 --> 06:26:00,798
Monday I'm on a call and I onboard uh,
11516
06:26:00,798 --> 06:26:01,840
you know, right now I think it's about
11517
06:26:01,840 --> 06:26:03,600
300 people per call that are on there.
11518
06:26:03,600 --> 06:26:05,760
Uh, and so I answer questions live uh
11519
06:26:05,760 --> 06:26:07,280
with everyone on there and it's a lot of
11520
06:26:07,280 --> 06:26:09,120
times it's the same faces. So while the
11521
06:26:09,120 --> 06:26:10,558
the calls are relatively small, I'd
11522
06:26:10,558 --> 06:26:11,760
encourage you to come on. On top of
11523
06:26:11,760 --> 06:26:13,760
that, I have kind of like step-by-step
11524
06:26:13,760 --> 06:26:15,520
instructions of exactly what you need to
11525
06:26:15,520 --> 06:26:17,440
do that the best community owners have
11526
06:26:17,440 --> 06:26:18,638
done. And so you can just model the
11527
06:26:18,638 --> 06:26:20,558
behaviors. Just do this stuff. I don't
11528
06:26:20,558 --> 06:26:22,798
explain psychology and triggers and NLP.
11529
06:26:22,798 --> 06:26:24,718
It's just like do this stuff and this is
11530
06:26:24,718 --> 06:26:27,680
what yields this outcome, right? And
11531
06:26:27,680 --> 06:26:29,440
then finally, we'll give you the entire
11532
06:26:29,440 --> 06:26:31,840
platform that basically makes all the
11533
06:26:31,840 --> 06:26:34,160
tech really easy. And so right now we've
11534
06:26:34,160 --> 06:26:35,520
got people who aren't in foreign
11535
06:26:35,520 --> 06:26:37,440
countries who don't speak English. Uh
11536
06:26:37,440 --> 06:26:38,878
we've got I mean I think there was a guy
11537
06:26:38,878 --> 06:26:41,120
who won the games 15 years old. So like
11538
06:26:41,120 --> 06:26:42,878
I'm telling you it's not rocket science.
11539
06:26:42,878 --> 06:26:44,480
Like we've really taken a lot of effort
11540
06:26:44,480 --> 06:26:45,680
to make it as simple as humanly
11541
06:26:45,680 --> 06:26:46,958
possible. You don't need any other
11542
06:26:46,958 --> 06:26:49,120
software to make this work. And so if
11543
06:26:49,120 --> 06:26:50,878
that sounds at all interesting, the best
11544
06:26:50,878 --> 06:26:53,120
part about all of this is that you can
11545
06:26:53,120 --> 06:26:55,040
start absolutely free. And so we have
11546
06:26:55,040 --> 06:26:56,478
the course, we have the calls, we have
11547
06:26:56,478 --> 06:26:57,760
the platform, and we also have the
11548
06:26:57,760 --> 06:26:58,958
community of other people. All right?
11549
06:26:58,958 --> 06:27:00,478
And so you can start for free, get 14
11550
06:27:00,478 --> 06:27:02,718
days. uh you can click the link which is
11551
06:27:02,718 --> 06:27:05,600
uh right here. Oops, other way around.
11552
06:27:05,600 --> 06:27:07,520
school.com/games
11553
06:27:07,520 --> 06:27:09,600
start for free and hopefully I'll see
11554
06:27:09,600 --> 06:27:11,680
you on the other side. And so a big part
11555
06:27:11,680 --> 06:27:13,920
of why this is so hard is that so few
11556
06:27:13,920 --> 06:27:15,520
people want to go into the fire, right?
11557
06:27:15,520 --> 06:27:16,958
And the fire could be entrepreneurship.
11558
06:27:16,958 --> 06:27:18,320
The fire could be content creation. The
11559
06:27:18,320 --> 06:27:20,000
fire could be starting a new product.
11560
06:27:20,000 --> 06:27:21,680
The fire could be doing outreach and
11561
06:27:21,680 --> 06:27:23,440
knocking on doors or quitting your job
11562
06:27:23,440 --> 06:27:25,200
and and and starting another job in a
11563
06:27:25,200 --> 06:27:26,478
completely different industry. That's
11564
06:27:26,478 --> 06:27:27,840
the fire. It's the thing that other
11565
06:27:27,840 --> 06:27:29,440
people aren't willing to do and they
11566
06:27:29,440 --> 06:27:30,638
tell you not to do it because it helps
11567
06:27:30,638 --> 06:27:32,080
them justify the risk that they chose
11568
06:27:32,080 --> 06:27:34,320
not to take. It helps them feel better
11569
06:27:34,320 --> 06:27:36,798
about the risks they aren't willing to
11570
06:27:36,798 --> 06:27:38,718
make. I remember thinking about this at
11571
06:27:38,718 --> 06:27:40,558
long length when I was younger and I
11572
06:27:40,558 --> 06:27:42,000
thought about the word exceptional.
11573
06:27:42,000 --> 06:27:46,080
Right? So buried in the word itself is
11574
06:27:46,080 --> 06:27:48,478
the key point which is that you cannot
11575
06:27:48,478 --> 06:27:51,360
expect to be accepted. If you want to be
11576
06:27:51,360 --> 06:27:53,440
exceptional, to become exceptional, by
11577
06:27:53,440 --> 06:27:55,920
definition, you have to become the
11578
06:27:55,920 --> 06:27:57,520
exception, which means you have to be
11579
06:27:57,520 --> 06:27:59,600
unlike other people. You have to do what
11580
06:27:59,600 --> 06:28:01,360
they don't agree with. If they agreed
11581
06:28:01,360 --> 06:28:03,200
with you, if everyone agrees with you,
11582
06:28:03,200 --> 06:28:04,478
you can be sure that it's the wrong
11583
06:28:04,478 --> 06:28:07,600
path. When I quit my job, every single
11584
06:28:07,600 --> 06:28:08,798
person in my life told me it was a bad
11585
06:28:08,798 --> 06:28:10,080
idea. I graduated in three years from
11586
06:28:10,080 --> 06:28:11,600
Vanderbilt. I had a nice white collar
11587
06:28:11,600 --> 06:28:13,360
consulting job. I was set up to go to
11588
06:28:13,360 --> 06:28:15,280
grad school to one of the Ivy Leagues. I
11589
06:28:15,280 --> 06:28:17,600
had acedc. Like, I was set up. I'd done
11590
06:28:17,600 --> 06:28:19,200
the path. And so for me to quit and be
11591
06:28:19,200 --> 06:28:20,160
like, I'm going to I'm going to be a
11592
06:28:20,160 --> 06:28:21,520
personal trainer for minimum wage at a
11593
06:28:21,520 --> 06:28:24,160
gym, that was not a happy news for the
11594
06:28:24,160 --> 06:28:25,520
vast majority of people that I knew. But
11595
06:28:25,520 --> 06:28:26,878
the thing is is that I've had those
11596
06:28:26,878 --> 06:28:28,798
conversations multiple times in my life.
11597
06:28:28,798 --> 06:28:31,360
When I ended up leaving the gyms and
11598
06:28:31,360 --> 06:28:32,558
started the turnaround business, every
11599
06:28:32,558 --> 06:28:33,920
person was like, you finally made this
11600
06:28:33,920 --> 06:28:36,000
thing work. You finally, you know, now
11601
06:28:36,000 --> 06:28:37,520
we finally agree with you again. And it
11602
06:28:37,520 --> 06:28:38,400
was right at the point where they
11603
06:28:38,400 --> 06:28:39,520
accepted me that I was like, you know
11604
06:28:39,520 --> 06:28:40,798
what? I think I want to do this other
11605
06:28:40,798 --> 06:28:42,000
thing and I'm going to sell all these
11606
06:28:42,000 --> 06:28:44,558
gyms for basically nothing in 90 days to
11607
06:28:44,558 --> 06:28:46,320
then start new. And they're like, "But
11608
06:28:46,320 --> 06:28:48,320
you spent so long on this." And they see
11609
06:28:48,320 --> 06:28:50,320
sunk cost fallacy. And the thing is is
11610
06:28:50,320 --> 06:28:52,320
don't listen to the people who are
11611
06:28:52,320 --> 06:28:54,638
closest to you. Listen to the people who
11612
06:28:54,638 --> 06:28:56,878
are closest to your goals. And so a lot
11613
06:28:56,878 --> 06:28:59,360
of people like to think about how they
11614
06:28:59,360 --> 06:29:01,280
have these mentors and these heroes. But
11615
06:29:01,280 --> 06:29:03,280
the most important group is your
11616
06:29:03,280 --> 06:29:04,878
reference group. And your reference
11617
06:29:04,878 --> 06:29:06,240
group is who you compare yourself to.
11618
06:29:06,240 --> 06:29:07,840
But the thing is that people think they
11619
06:29:07,840 --> 06:29:09,120
compare themselves to their mentors and
11620
06:29:09,120 --> 06:29:10,638
their heroes. But they don't. Who you
11621
06:29:10,638 --> 06:29:13,840
compare yourself to is who influences
11622
06:29:13,840 --> 06:29:16,400
your decisions. So the voices you hear,
11623
06:29:16,400 --> 06:29:18,000
the voices you listen to when you're
11624
06:29:18,000 --> 06:29:21,120
about to make a big move, those voices
11625
06:29:21,120 --> 06:29:23,280
are your actual reference group. And if
11626
06:29:23,280 --> 06:29:25,680
those voices are not close to your goal,
11627
06:29:25,680 --> 06:29:27,600
you should not listen to them. If
11628
06:29:27,600 --> 06:29:30,080
anything, sometimes the best advice in
11629
06:29:30,080 --> 06:29:31,440
the world is do the opposite of whatever
11630
06:29:31,440 --> 06:29:32,638
it is that they did to get in their
11631
06:29:32,638 --> 06:29:34,958
life. If you don't want what they have,
11632
06:29:34,958 --> 06:29:36,478
don't listen to what they say. Even when
11633
06:29:36,478 --> 06:29:37,920
you're an entrepreneur, so let's fast
11634
06:29:37,920 --> 06:29:39,920
forward a couple years. So there was a
11635
06:29:39,920 --> 06:29:42,718
point where I started uh the outbound
11636
06:29:42,718 --> 06:29:43,920
team. So, this is going to sound super
11637
06:29:43,920 --> 06:29:45,360
tactical, but I'm going to zoom out for
11638
06:29:45,360 --> 06:29:48,240
you. So, we at Gym Launch had we were
11639
06:29:48,240 --> 06:29:50,000
all paid ads for the most part. We I
11640
06:29:50,000 --> 06:29:51,440
made content, I had a book, like there
11641
06:29:51,440 --> 06:29:52,478
were things that were out there, but
11642
06:29:52,478 --> 06:29:54,798
still 70% plus of my of my new customers
11643
06:29:54,798 --> 06:29:56,478
came from paid ads. And I knew that if I
11644
06:29:56,478 --> 06:29:58,718
wanted to sell the company, I would have
11645
06:29:58,718 --> 06:30:00,320
to create a second acquisition channel
11646
06:30:00,320 --> 06:30:02,000
that was very different from the primary
11647
06:30:02,000 --> 06:30:03,280
one so that I could create more
11648
06:30:03,280 --> 06:30:04,878
stability so you don't have one itis,
11649
06:30:04,878 --> 06:30:06,080
one point of failure within the
11650
06:30:06,080 --> 06:30:09,440
business. And so I remember reading this
11651
06:30:09,440 --> 06:30:11,120
book about how to set up outbound and it
11652
06:30:11,120 --> 06:30:12,718
said it will take a year and I said I'm
11653
06:30:12,718 --> 06:30:13,760
really good at marketing, really good at
11654
06:30:13,760 --> 06:30:15,920
sales. It'll take me 12 weeks and it
11655
06:30:15,920 --> 06:30:19,600
took 12 months like the book said. And
11656
06:30:19,600 --> 06:30:22,798
so when I walked through that, what was
11657
06:30:22,798 --> 06:30:24,478
interesting is it took 90 days for us to
11658
06:30:24,478 --> 06:30:26,160
get our first sale. And the whole time
11659
06:30:26,160 --> 06:30:27,520
I'm investing in this team, I'm
11660
06:30:27,520 --> 06:30:29,040
investing in software, I'm investing in
11661
06:30:29,040 --> 06:30:30,400
training and consulting to like learn
11662
06:30:30,400 --> 06:30:32,160
how to get all this stuff going just to
11663
06:30:32,160 --> 06:30:34,958
get our first sale. But that's not very
11664
06:30:34,958 --> 06:30:36,160
good for the amount of time and effort
11665
06:30:36,160 --> 06:30:38,878
we put into it. And then 3 months, you
11666
06:30:38,878 --> 06:30:40,638
know, after that, we started getting a
11667
06:30:40,638 --> 06:30:42,478
couple sales trickling in. Still not a
11668
06:30:42,478 --> 06:30:43,920
lot. And I actually had almost like an
11669
06:30:43,920 --> 06:30:46,400
intervention from my my executive team
11670
06:30:46,400 --> 06:30:48,638
that were like, "Hey, we think this is
11671
06:30:48,638 --> 06:30:50,160
shiny object." They were using my words
11672
06:30:50,160 --> 06:30:51,520
against me. They're like, "We think this
11673
06:30:51,520 --> 06:30:53,440
is a distraction. It's it's not, you
11674
06:30:53,440 --> 06:30:55,840
know, yielding a result for us. I don't
11675
06:30:55,840 --> 06:30:57,280
I think we should, you know, cut our
11676
06:30:57,280 --> 06:30:59,840
losses and and move on." And I just I
11677
06:30:59,840 --> 06:31:01,600
kept thinking to myself like, "This is
11678
06:31:01,600 --> 06:31:03,920
what hard feels like." like we have to
11679
06:31:03,920 --> 06:31:05,440
just keep inching our way through it
11680
06:31:05,440 --> 06:31:06,798
because we have made sales which means
11681
06:31:06,798 --> 06:31:08,080
we could just we just need to get more
11682
06:31:08,080 --> 06:31:09,600
efficient at it. And then we did another
11683
06:31:09,600 --> 06:31:10,798
six months and then we got to the point
11684
06:31:10,798 --> 06:31:12,638
where it became 50% of revenue. But
11685
06:31:12,638 --> 06:31:14,558
here's the thing that you you don't see.
11686
06:31:14,558 --> 06:31:15,760
And so whether you're starting a new
11687
06:31:15,760 --> 06:31:17,600
acquisition channel like I was, you're
11688
06:31:17,600 --> 06:31:20,080
starting paid ads, whatever, is that if
11689
06:31:20,080 --> 06:31:23,360
I tell you in one year I could double
11690
06:31:23,360 --> 06:31:25,120
your business, right? Let's say you have
11691
06:31:25,120 --> 06:31:28,478
to pay me $100,000, right? And in one
11692
06:31:28,478 --> 06:31:30,478
year I will double your business. Many
11693
06:31:30,478 --> 06:31:32,000
people would probably be like, "Yeah,
11694
06:31:32,000 --> 06:31:33,360
sign me up. I'll do it. Maybe I'll take
11695
06:31:33,360 --> 06:31:35,200
a loan." But even for the 100, like if I
11696
06:31:35,200 --> 06:31:36,240
know I'm going to double my business in
11697
06:31:36,240 --> 06:31:37,680
a year, I would do it. Okay. But then
11698
06:31:37,680 --> 06:31:41,040
what happens is month one, they drop 5K
11699
06:31:41,040 --> 06:31:43,680
and then they lose 5K. And then month
11700
06:31:43,680 --> 06:31:46,400
two, they lose 5K again. And then they
11701
06:31:46,400 --> 06:31:48,558
say, "Ah, ads aren't for me. H
11702
06:31:48,558 --> 06:31:50,718
Outbound's not for me." But the thing is
11703
06:31:50,718 --> 06:31:52,558
is that the way it actually feels is
11704
06:31:52,558 --> 06:31:55,040
that you lose 5K, you lose another 5K,
11705
06:31:55,040 --> 06:31:57,120
you lose another 5K, and then all of a
11706
06:31:57,120 --> 06:31:59,360
sudden one month you make 25K, and then
11707
06:31:59,360 --> 06:32:01,440
the next month you make 50K, and you
11708
06:32:01,440 --> 06:32:05,120
make all of this back and some, but it
11709
06:32:05,120 --> 06:32:06,878
happens all at once. And so there's a
11710
06:32:06,878 --> 06:32:08,320
saying on Wall Street that I like, which
11711
06:32:08,320 --> 06:32:10,320
is it happens slower than you expect and
11712
06:32:10,320 --> 06:32:11,760
then faster than you can imagine. And
11713
06:32:11,760 --> 06:32:13,360
they talk about that when it comes to
11714
06:32:13,360 --> 06:32:15,440
market drops and market explosions. It's
11715
06:32:15,440 --> 06:32:17,120
like we should like this, we should be
11716
06:32:17,120 --> 06:32:18,718
crashing. It hasn't adjusted yet. It
11717
06:32:18,718 --> 06:32:20,400
happens slower than you expect and then
11718
06:32:20,400 --> 06:32:21,920
faster than you can imagine. And so you
11719
06:32:21,920 --> 06:32:23,840
have to be willing to forego that period
11720
06:32:23,840 --> 06:32:25,920
of time for a long time understanding
11721
06:32:25,920 --> 06:32:27,920
that you just want to make progress. And
11722
06:32:27,920 --> 06:32:29,920
so I think the thing that separates
11723
06:32:29,920 --> 06:32:32,478
masters from beginners is that masters
11724
06:32:32,478 --> 06:32:34,320
have more ways to win. So you can
11725
06:32:34,320 --> 06:32:36,718
measure your expertise in anything by
11726
06:32:36,718 --> 06:32:38,400
the ways you can measure equaling the
11727
06:32:38,400 --> 06:32:39,840
number of times and ways you can win.
11728
06:32:39,840 --> 06:32:43,120
And so if you're an expert at making
11729
06:32:43,120 --> 06:32:45,600
videos, then throughout the entire
11730
06:32:45,600 --> 06:32:47,840
process of a really long project, you
11731
06:32:47,840 --> 06:32:50,878
have many wins on the way. You know all
11732
06:32:50,878 --> 06:32:52,718
the little progress markers that occur
11733
06:32:52,718 --> 06:32:54,558
to create some big outcome and you
11734
06:32:54,558 --> 06:32:55,840
approximate those little progress
11735
06:32:55,840 --> 06:32:57,360
markers for the ultimate goal at the
11736
06:32:57,360 --> 06:32:58,958
end. When you're a beginner, you only
11737
06:32:58,958 --> 06:33:01,600
see the output and all you see is I'm
11738
06:33:01,600 --> 06:33:03,200
doing stuff and nothing is happening.
11739
06:33:03,200 --> 06:33:04,798
But you just aren't able to mark
11740
06:33:04,798 --> 06:33:07,520
progress well. And so if you want to
11741
06:33:07,520 --> 06:33:09,840
increase your expertise, then you need
11742
06:33:09,840 --> 06:33:11,200
to increase the number of ways you can
11743
06:33:11,200 --> 06:33:13,840
measure so that you can increase the
11744
06:33:13,840 --> 06:33:15,920
number of wins you have in a given time
11745
06:33:15,920 --> 06:33:17,840
period. And by the way, that is what
11746
06:33:17,840 --> 06:33:19,760
makes you enjoy your work. And this is
11747
06:33:19,760 --> 06:33:21,520
how the work itself becomes reinforcing.
11748
06:33:21,520 --> 06:33:22,878
And so in order to develop that
11749
06:33:22,878 --> 06:33:25,600
expertise, you have to have education.
11750
06:33:25,600 --> 06:33:27,920
And people think that education is
11751
06:33:27,920 --> 06:33:29,600
expensive. But the only thing more
11752
06:33:29,600 --> 06:33:32,400
expensive than education is not being
11753
06:33:32,400 --> 06:33:34,320
educated. And so I would say that in my
11754
06:33:34,320 --> 06:33:36,000
life I spent more money than I could
11755
06:33:36,000 --> 06:33:37,680
possibly imagine is simply trying to
11756
06:33:37,680 --> 06:33:39,760
acquire skills and relationships that
11757
06:33:39,760 --> 06:33:41,200
would make me better. To give you an
11758
06:33:41,200 --> 06:33:43,040
idea, I think the most expensive thing
11759
06:33:43,040 --> 06:33:44,718
that I bought for this, this is not
11760
06:33:44,718 --> 06:33:46,878
including uh me messing stuff up and
11761
06:33:46,878 --> 06:33:48,320
just losing tons of money, but I
11762
06:33:48,320 --> 06:33:51,040
actually wrote a check for was $350,000
11763
06:33:51,040 --> 06:33:52,240
to have a dinner with a guy who was
11764
06:33:52,240 --> 06:33:56,240
worth 7 billion. And I got exactly what
11765
06:33:56,240 --> 06:33:57,840
I wanted from that dinner and it was
11766
06:33:57,840 --> 06:33:59,680
incredibly valuable for me. And uh he
11767
06:33:59,680 --> 06:34:02,320
kept saying no. I I offered 100k and
11768
06:34:02,320 --> 06:34:04,798
then 200k and 250k and then 350k and
11769
06:34:04,798 --> 06:34:07,200
when we offered 350k he said fine I'll
11770
06:34:07,200 --> 06:34:08,320
just have dinner with you and he didn't
11771
06:34:08,320 --> 06:34:09,920
ask for the money but I think he was
11772
06:34:09,920 --> 06:34:11,200
just seeing that I was willing to spend
11773
06:34:11,200 --> 06:34:14,240
the $350,000 for it and so I have spent
11774
06:34:14,240 --> 06:34:17,760
so much money for 1 hour 2 hours
11775
06:34:17,760 --> 06:34:20,638
anything to gain context because I I
11776
06:34:20,638 --> 06:34:22,160
heard this close and you've heard if
11777
06:34:22,160 --> 06:34:23,200
you've watched my channel you've heard
11778
06:34:23,200 --> 06:34:24,718
this before but pick whatever number
11779
06:34:24,718 --> 06:34:26,478
your income goal is right let's say it's
11780
06:34:26,478 --> 06:34:28,160
a million dollars a year and let's say
11781
06:34:28,160 --> 06:34:31,120
you're currently making $100 $100,000 a
11782
06:34:31,120 --> 06:34:33,120
year. If
11783
06:34:33,120 --> 06:34:35,680
you value that million- dollar goal, the
11784
06:34:35,680 --> 06:34:38,160
value of the million dollars per year,
11785
06:34:38,160 --> 06:34:39,520
what's the price you put on that
11786
06:34:39,520 --> 06:34:41,200
education? The value of that education
11787
06:34:41,200 --> 06:34:42,718
is the difference between where you're
11788
06:34:42,718 --> 06:34:44,478
at and where you want to go. And so
11789
06:34:44,478 --> 06:34:45,920
that's why if I want to if I want to
11790
06:34:45,920 --> 06:34:47,760
become a Deca billionaire, then I should
11791
06:34:47,760 --> 06:34:49,760
be willing to pay everything that I have
11792
06:34:49,760 --> 06:34:51,040
in order to gain the skills, the
11793
06:34:51,040 --> 06:34:52,160
experience, the knowledge in order to
11794
06:34:52,160 --> 06:34:54,638
get there. And so if there's a way that
11795
06:34:54,638 --> 06:34:56,958
you can spend $50,000 in order to learn
11796
06:34:56,958 --> 06:35:00,000
a million per year skill set, then every
11797
06:35:00,000 --> 06:35:02,478
year you don't do it, you lose $950,000
11798
06:35:02,478 --> 06:35:04,478
that you would have made if you had made
11799
06:35:04,478 --> 06:35:07,280
that investment. And so the the key
11800
06:35:07,280 --> 06:35:09,040
point here is that we use poor people
11801
06:35:09,040 --> 06:35:11,120
language when we talk about education
11802
06:35:11,120 --> 06:35:12,558
when we should be using investor
11803
06:35:12,558 --> 06:35:13,920
language because it should be an
11804
06:35:13,920 --> 06:35:15,920
investment in an asset and the asset
11805
06:35:15,920 --> 06:35:17,360
just happens to be you and you can't
11806
06:35:17,360 --> 06:35:18,958
sell it, but you can invest in it and
11807
06:35:18,958 --> 06:35:20,400
you can grow it. If you think about
11808
06:35:20,400 --> 06:35:21,920
investments, you'll never say an
11809
06:35:21,920 --> 06:35:24,160
investment is expensive. There's just a
11810
06:35:24,160 --> 06:35:25,920
cost and a return. But if someone says
11811
06:35:25,920 --> 06:35:28,320
there's a $100 stock or $1,000 stock, it
11812
06:35:28,320 --> 06:35:30,080
could be expensive relative to the
11813
06:35:30,080 --> 06:35:32,080
return. But if the return is supposed to
11814
06:35:32,080 --> 06:35:34,000
be good, then no one says that that
11815
06:35:34,000 --> 06:35:36,718
amount of money itself is expensive.
11816
06:35:36,718 --> 06:35:38,958
It's just what the cost is for the
11817
06:35:38,958 --> 06:35:40,878
return. It is the investment. And so if
11818
06:35:40,878 --> 06:35:42,160
you think about education in that same
11819
06:35:42,160 --> 06:35:43,520
way, it always has to be framed in terms
11820
06:35:43,520 --> 06:35:44,878
of what you get for it, not how much it
11821
06:35:44,878 --> 06:35:47,120
costs. It's not about how much you make
11822
06:35:47,120 --> 06:35:49,040
now. It's how much you're going to make
11823
06:35:49,040 --> 06:35:50,638
and how much that's worth to you. And
11824
06:35:50,638 --> 06:35:53,040
for me, whatever my delta is is what I'm
11825
06:35:53,040 --> 06:35:54,958
willing to pour into that without
11826
06:35:54,958 --> 06:35:57,520
hesitation. And so for the first
11827
06:35:57,520 --> 06:35:59,280
probably I mean shoot, I lost everything
11828
06:35:59,280 --> 06:36:00,638
at year whatever six of my
11829
06:36:00,638 --> 06:36:02,878
entrepreneurial journey. And I put all
11830
06:36:02,878 --> 06:36:05,040
of the extra money that I had right back
11831
06:36:05,040 --> 06:36:06,798
into learning more stuff. And so even
11832
06:36:06,798 --> 06:36:08,718
though I made profit, my like biggest
11833
06:36:08,718 --> 06:36:11,200
expense was me. But it wasn't on my
11834
06:36:11,200 --> 06:36:12,958
living and my lifestyle. It was on my
11835
06:36:12,958 --> 06:36:14,638
education and my network and my
11836
06:36:14,638 --> 06:36:15,920
surroundings and the skills I wanted to
11837
06:36:15,920 --> 06:36:17,200
learn. The courses, the workshops, the
11838
06:36:17,200 --> 06:36:18,558
seminars, the coaching programs, all the
11839
06:36:18,558 --> 06:36:20,240
things that I did. I'm a product of that
11840
06:36:20,240 --> 06:36:21,440
world despite the fact that I think that
11841
06:36:21,440 --> 06:36:22,798
world overall has a lot of shitty
11842
06:36:22,798 --> 06:36:25,360
people. I still learned a lot. And you
11843
06:36:25,360 --> 06:36:27,120
can learn just as much by learning what
11844
06:36:27,120 --> 06:36:28,798
not to do and say I will never do that
11845
06:36:28,798 --> 06:36:30,240
or treat someone the way that person
11846
06:36:30,240 --> 06:36:32,638
treated me because the best students
11847
06:36:32,638 --> 06:36:34,958
never come out negative. So really like
11848
06:36:34,958 --> 06:36:38,080
think that like I have always been the
11849
06:36:38,080 --> 06:36:42,320
top performer in every single program,
11850
06:36:42,320 --> 06:36:44,558
coaching, whatever I have ever done. And
11851
06:36:44,558 --> 06:36:47,200
so the process that I use is number one,
11852
06:36:47,200 --> 06:36:50,240
do everything they tell you to to the
11853
06:36:50,240 --> 06:36:54,000
tea the first time. Then take what works
11854
06:36:54,000 --> 06:36:56,160
and toss the rest. You can learn
11855
06:36:56,160 --> 06:36:58,240
something from everyone, but only take
11856
06:36:58,240 --> 06:36:59,680
in that which makes you stronger, which
11857
06:36:59,680 --> 06:37:01,120
is a quote that I have from Harry
11858
06:37:01,120 --> 06:37:02,558
Potter, the Sword of Gryffindor. But I
11859
06:37:02,558 --> 06:37:04,080
love it because it was enchanted to have
11860
06:37:04,080 --> 06:37:06,240
this this spell that it would only take
11861
06:37:06,240 --> 06:37:07,440
in things that made it stronger. So it
11862
06:37:07,440 --> 06:37:09,200
took in the bass venom which allowed it
11863
06:37:09,200 --> 06:37:11,280
to kill you know the horcruxes later on.
11864
06:37:11,280 --> 06:37:13,760
But I like to see myself as that sword
11865
06:37:13,760 --> 06:37:15,680
is that I continue to invest. I continue
11866
06:37:15,680 --> 06:37:17,520
to put things into the steel but I only
11867
06:37:17,520 --> 06:37:19,040
take in that which makes me stronger. So
11868
06:37:19,040 --> 06:37:20,240
a lot of people have these negative
11869
06:37:20,240 --> 06:37:22,478
experiences with coaches, consultants,
11870
06:37:22,478 --> 06:37:24,400
vendors, whatever. And I just like to
11871
06:37:24,400 --> 06:37:25,920
think to myself like in what way will
11872
06:37:25,920 --> 06:37:28,240
this make me better? And so by instead
11873
06:37:28,240 --> 06:37:29,920
asking that question rather than
11874
06:37:29,920 --> 06:37:31,360
enumerating the many things they could
11875
06:37:31,360 --> 06:37:32,638
have done better or the things they did
11876
06:37:32,638 --> 06:37:34,320
wrong simply saying there is something
11877
06:37:34,320 --> 06:37:36,000
that I can learn from this and there is
11878
06:37:36,000 --> 06:37:37,520
something in this experience that will
11879
06:37:37,520 --> 06:37:39,360
make me stronger. And that frame may
11880
06:37:39,360 --> 06:37:40,320
have been one of the most valuable
11881
06:37:40,320 --> 06:37:42,638
frames that I've had because I like you
11882
06:37:42,638 --> 06:37:43,920
have spent plenty of money on things
11883
06:37:43,920 --> 06:37:46,400
that have quote not worked but I still
11884
06:37:46,400 --> 06:37:48,320
learned enough from them and oftentimes
11885
06:37:48,320 --> 06:37:50,240
what not to do that allowed me to then
11886
06:37:50,240 --> 06:37:52,718
see what to do. But before I ever did
11887
06:37:52,718 --> 06:37:54,558
that, I had to do the first three steps
11888
06:37:54,558 --> 06:37:56,478
of that, which was do everything they
11889
06:37:56,478 --> 06:37:59,520
said to the tea the first time. And if
11890
06:37:59,520 --> 06:38:02,000
for whatever reason it did not work, I
11891
06:38:02,000 --> 06:38:03,920
would then use my other skills to patch
11892
06:38:03,920 --> 06:38:06,000
the difference so that I could find a
11893
06:38:06,000 --> 06:38:08,160
way to make it work. And by the way, if
11894
06:38:08,160 --> 06:38:09,760
they have a success story, which they
11895
06:38:09,760 --> 06:38:11,360
usually do cuz that's how they sold you,
11896
06:38:11,360 --> 06:38:14,000
is that you find that person and figure
11897
06:38:14,000 --> 06:38:16,080
out what they are doing that is lacking
11898
06:38:16,080 --> 06:38:17,840
in the education that the person who's
11899
06:38:17,840 --> 06:38:19,840
teaching taught. Fundamentally, if you
11900
06:38:19,840 --> 06:38:21,280
ever buy something where there is
11901
06:38:21,280 --> 06:38:22,878
somebody who has been successful, then
11902
06:38:22,878 --> 06:38:24,878
it means there are activities that yield
11903
06:38:24,878 --> 06:38:27,760
success. And the discrepancy, I'm going
11904
06:38:27,760 --> 06:38:28,798
to show this to you visually because I
11905
06:38:28,798 --> 06:38:29,920
think it's important. So, let's say
11906
06:38:29,920 --> 06:38:33,600
there's a bridge, right? And you've got,
11907
06:38:33,600 --> 06:38:35,840
you know, here's here's money and here's
11908
06:38:35,840 --> 06:38:38,958
you. Okay? So, you've got this path that
11909
06:38:38,958 --> 06:38:41,440
someone uh shows you how to do. So, you
11910
06:38:41,440 --> 06:38:43,120
paid money and they give you these
11911
06:38:43,120 --> 06:38:44,320
little bricks here, right? They give you
11912
06:38:44,320 --> 06:38:45,600
these little bricks that you paid money
11913
06:38:45,600 --> 06:38:47,360
for. And maybe these bricks, you had to
11914
06:38:47,360 --> 06:38:48,878
pay different vendors, different amounts
11915
06:38:48,878 --> 06:38:50,400
of money for each one of these bricks,
11916
06:38:50,400 --> 06:38:51,840
but you still haven't made money yet.
11917
06:38:51,840 --> 06:38:54,080
The thing is is that there's a gap here.
11918
06:38:54,080 --> 06:38:55,680
And the reason that some people are
11919
06:38:55,680 --> 06:38:57,760
successful with some people's uh, you
11920
06:38:57,760 --> 06:38:59,200
know, programs or implementations and
11921
06:38:59,200 --> 06:39:01,200
other people aren't is because that the
11922
06:39:01,200 --> 06:39:02,878
people who already bought that brick
11923
06:39:02,878 --> 06:39:05,280
from somebody else before that, that
11924
06:39:05,280 --> 06:39:07,280
brick isn't missing. And so if you see
11925
06:39:07,280 --> 06:39:09,200
the education you have as these bricks
11926
06:39:09,200 --> 06:39:11,040
on the road, then you wouldn't say that
11927
06:39:11,040 --> 06:39:13,520
the foundation of a house is in some way
11928
06:39:13,520 --> 06:39:15,840
a ripoff. you would just say it's not a
11929
06:39:15,840 --> 06:39:17,840
complete house. Now, if they sold you
11930
06:39:17,840 --> 06:39:19,360
the expectation that you would have a
11931
06:39:19,360 --> 06:39:21,440
house, sure, you could be upset by them,
11932
06:39:21,440 --> 06:39:22,718
but they still helped you build a
11933
06:39:22,718 --> 06:39:24,240
foundation. And so, it's the same people
11934
06:39:24,240 --> 06:39:26,240
who get upset saying, "Oh, I learned
11935
06:39:26,240 --> 06:39:28,798
arithmetic from Mrs. Glass, but then
11936
06:39:28,798 --> 06:39:30,798
when I found Mr. Hardwick and he taught
11937
06:39:30,798 --> 06:39:32,320
me calculus, she only taught me
11938
06:39:32,320 --> 06:39:33,920
arithmetic. She is a moron." You
11939
06:39:33,920 --> 06:39:35,680
wouldn't say that, but for some reason,
11940
06:39:35,680 --> 06:39:37,280
people talk about the basics of business
11941
06:39:37,280 --> 06:39:39,520
the same way when they become more
11942
06:39:39,520 --> 06:39:41,200
advanced. If someone taught you how to
11943
06:39:41,200 --> 06:39:43,040
do outbound and do warm outreach so that
11944
06:39:43,040 --> 06:39:44,320
you could sell your first customers and
11945
06:39:44,320 --> 06:39:46,160
someone else later teaches you how to
11946
06:39:46,160 --> 06:39:48,080
run ads, well, you probably learned how
11947
06:39:48,080 --> 06:39:49,520
to work the leads from the ads that work
11948
06:39:49,520 --> 06:39:50,558
for you because you learned how to do
11949
06:39:50,558 --> 06:39:51,760
outbound. You probably learned how to
11950
06:39:51,760 --> 06:39:52,798
sell because you learned how to sell
11951
06:39:52,798 --> 06:39:54,478
strangers. And so when you did the ads,
11952
06:39:54,478 --> 06:39:55,600
it worked for you. And then somebody
11953
06:39:55,600 --> 06:39:56,958
else who did that same exact
11954
06:39:56,958 --> 06:39:58,638
implementation, didn't have the bricks
11955
06:39:58,638 --> 06:40:00,400
that you had and they never got the
11956
06:40:00,400 --> 06:40:02,080
dollars that came across. And so
11957
06:40:02,080 --> 06:40:04,160
whenever something doesn't work, if you
11958
06:40:04,160 --> 06:40:06,240
can, it doesn't make you any better by
11959
06:40:06,240 --> 06:40:08,718
saying it's their fault. And fault also
11960
06:40:08,718 --> 06:40:10,478
only matters in the eyes of the law,
11961
06:40:10,478 --> 06:40:11,600
which you're not going to sue anybody
11962
06:40:11,600 --> 06:40:13,360
anyways. So, who gives a [ __ ] The only
11963
06:40:13,360 --> 06:40:14,558
thing that matters is whether the
11964
06:40:14,558 --> 06:40:16,958
outcome happens or not, which is under
11965
06:40:16,958 --> 06:40:18,400
your control because it means that you
11966
06:40:18,400 --> 06:40:19,840
simply have a discrepancy in where you
11967
06:40:19,840 --> 06:40:21,840
are and where you want to go. And so, a
11968
06:40:21,840 --> 06:40:23,840
lot of people would then say, "Sure,
11969
06:40:23,840 --> 06:40:25,920
Alex, it's easy for you to say you're a
11970
06:40:25,920 --> 06:40:28,080
white guy. You're right. Cool. So, just
11971
06:40:28,080 --> 06:40:29,760
don't watch the video and move on." Um,
11972
06:40:29,760 --> 06:40:31,120
but for everybody else, you've got
11973
06:40:31,120 --> 06:40:33,280
connections,
11974
06:40:33,280 --> 06:40:36,160
you've got money, you've got looks,
11975
06:40:36,160 --> 06:40:37,840
you've got intellect or intelligence.
11976
06:40:37,840 --> 06:40:40,638
These are all great, but you can beat
11977
06:40:40,638 --> 06:40:42,718
all of these. You can beat somebody who
11978
06:40:42,718 --> 06:40:45,120
has all four if you have one thing,
11979
06:40:45,120 --> 06:40:49,440
which is the desire to improve, the
11980
06:40:49,440 --> 06:40:51,840
insatiable desire to improve. No matter
11981
06:40:51,840 --> 06:40:53,760
where you start, if you have this, it's
11982
06:40:53,760 --> 06:40:55,760
hard to beat someone who improves every
11983
06:40:55,760 --> 06:40:58,240
second of every day without stopping,
11984
06:40:58,240 --> 06:41:00,000
without giving up. And so I have met
11985
06:41:00,000 --> 06:41:00,958
people who have connections, money,
11986
06:41:00,958 --> 06:41:03,040
looks, and intelligence. And they do not
11987
06:41:03,040 --> 06:41:04,798
people who have an insatiable desire to
11988
06:41:04,798 --> 06:41:07,680
improve, who do not stop. And so if you
11989
06:41:07,680 --> 06:41:09,920
think about it like this, if life were a
11990
06:41:09,920 --> 06:41:12,638
race where at the end you die, so got to
11991
06:41:12,638 --> 06:41:14,558
finish first, right? There are people
11992
06:41:14,558 --> 06:41:17,680
who may start at different parts of that
11993
06:41:17,680 --> 06:41:20,320
race, but what is not measured is the
11994
06:41:20,320 --> 06:41:22,080
speed that you can move. And so, I don't
11995
06:41:22,080 --> 06:41:23,120
know if you've seen these these clips
11996
06:41:23,120 --> 06:41:24,478
that have gone viral in the NFL where
11997
06:41:24,478 --> 06:41:25,520
they have like one of their wide
11998
06:41:25,520 --> 06:41:27,440
receivers start like 20 yards behind a
11999
06:41:27,440 --> 06:41:29,280
fan and they have to race the length of
12000
06:41:29,280 --> 06:41:30,958
the football field and then the wide
12001
06:41:30,958 --> 06:41:32,718
receiver will usually catch up like talk
12002
06:41:32,718 --> 06:41:34,160
to them and then just speed right past
12003
06:41:34,160 --> 06:41:36,718
them. And so, it's far less about where
12004
06:41:36,718 --> 06:41:38,160
you start because that's where a lot of
12005
06:41:38,160 --> 06:41:39,840
losers will define themselves. They'll
12006
06:41:39,840 --> 06:41:41,280
define themselves by what happened to
12007
06:41:41,280 --> 06:41:43,040
them rather than what they made happen.
12008
06:41:43,040 --> 06:41:45,680
and somebody else may be here, but it
12009
06:41:45,680 --> 06:41:47,200
only matters if you think that there's
12010
06:41:47,200 --> 06:41:48,878
fairness. But I don't believe fairness
12011
06:41:48,878 --> 06:41:50,240
is something that exists in the
12012
06:41:50,240 --> 06:41:52,320
universe. And so I don't hold it as an
12013
06:41:52,320 --> 06:41:54,718
ideal that I proclaim must exist. But
12014
06:41:54,718 --> 06:41:56,638
there is simply a starting point in a
12015
06:41:56,638 --> 06:41:58,320
rate of progress. And the starting point
12016
06:41:58,320 --> 06:41:59,840
you can't control, but the rate of
12017
06:41:59,840 --> 06:42:01,280
progress you can. And so control what
12018
06:42:01,280 --> 06:42:04,160
you can control. If education is a
12019
06:42:04,160 --> 06:42:05,440
change in behavior, that's what you do.
12020
06:42:05,440 --> 06:42:06,878
If you become educated, you do something
12021
06:42:06,878 --> 06:42:08,080
different after you learn something.
12022
06:42:08,080 --> 06:42:10,400
Then intelligence is rate of learning
12023
06:42:10,400 --> 06:42:11,840
which means that you can in a very real
12024
06:42:11,840 --> 06:42:14,320
way influence it's the rate of learning
12025
06:42:14,320 --> 06:42:16,080
the speed of learning. You can influence
12026
06:42:16,080 --> 06:42:19,120
how quickly you move along this race
12027
06:42:19,120 --> 06:42:20,798
independent of where you start. And
12028
06:42:20,798 --> 06:42:24,000
you'll also note that the person here
12029
06:42:24,000 --> 06:42:26,160
has no influence on what this person
12030
06:42:26,160 --> 06:42:28,160
does. These two people are independent
12031
06:42:28,160 --> 06:42:30,638
nodes. The only reason that this person
12032
06:42:30,638 --> 06:42:33,040
gets upset is that they think it's not
12033
06:42:33,040 --> 06:42:35,200
fair. And if you just eliminate fairness
12034
06:42:35,200 --> 06:42:37,360
from your vocabulary and think only in
12035
06:42:37,360 --> 06:42:39,680
terms of what do I need to do, then it
12036
06:42:39,680 --> 06:42:41,680
eliminates a lot of the distraction that
12037
06:42:41,680 --> 06:42:44,478
keeps you poor. So if you call recall
12038
06:42:44,478 --> 06:42:47,760
from the very beginning, lazy people get
12039
06:42:47,760 --> 06:42:50,080
distracted. They focus on distraction.
12040
06:42:50,080 --> 06:42:51,840
And one of the biggest distractions is
12041
06:42:51,840 --> 06:42:53,840
it's not fair. It's it's not fair. I
12042
06:42:53,840 --> 06:42:55,840
shouldn't have to. I should get. I
12043
06:42:55,840 --> 06:42:58,000
should. I should. It should. Things
12044
06:42:58,000 --> 06:43:01,520
shouldn't. It's all shoulds. And I will
12045
06:43:01,520 --> 06:43:05,520
tell you that should in my worldview
12046
06:43:05,520 --> 06:43:08,478
should not exist because should creates
12047
06:43:08,478 --> 06:43:10,878
expectations of an uncaring universe. It
12048
06:43:10,878 --> 06:43:12,400
says that you demand something and I
12049
06:43:12,400 --> 06:43:14,080
promise you that the universe will win.
12050
06:43:14,080 --> 06:43:16,080
And so all you have to do is watch like
12051
06:43:16,080 --> 06:43:18,558
baby seals just get immediately eaten by
12052
06:43:18,558 --> 06:43:20,558
orcas after like a mother is laying
12053
06:43:20,558 --> 06:43:23,120
there on the ice to be like, "Wow, life
12054
06:43:23,120 --> 06:43:25,040
isn't fair." I'm sure that seal could be
12055
06:43:25,040 --> 06:43:27,280
like, "It's not fair that my babies were
12056
06:43:27,280 --> 06:43:29,840
literally eaten in front of me." Tough,
12057
06:43:29,840 --> 06:43:31,600
right? Tough. They have mammal brains.
12058
06:43:31,600 --> 06:43:32,798
We can see that they got they got some
12059
06:43:32,798 --> 06:43:36,160
feelings, right? And so if we go back to
12060
06:43:36,160 --> 06:43:38,160
the sword of Gryffindor, does demanding
12061
06:43:38,160 --> 06:43:39,680
that it should be fair make you
12062
06:43:39,680 --> 06:43:41,920
stronger? Does saying that that person
12063
06:43:41,920 --> 06:43:43,920
started further ahead of you in any way
12064
06:43:43,920 --> 06:43:46,240
benefit you? No. Because your actions
12065
06:43:46,240 --> 06:43:48,638
are entirely independent from them. And
12066
06:43:48,638 --> 06:43:50,638
so the only thing that that does is
12067
06:43:50,638 --> 06:43:52,878
actually delay your speed of taking
12068
06:43:52,878 --> 06:43:54,958
action. It makes you dumber. Because if
12069
06:43:54,958 --> 06:43:56,478
we define intelligence by rate of
12070
06:43:56,478 --> 06:43:58,160
learning, then it means it takes you
12071
06:43:58,160 --> 06:44:00,878
longer to learn. It makes you stupid.
12072
06:44:00,878 --> 06:44:02,638
And I think that that's why people stay
12073
06:44:02,638 --> 06:44:05,520
here for a very long time.
12074
06:44:05,520 --> 06:44:08,718
And many of them never leave. So one of
12075
06:44:08,718 --> 06:44:10,878
the things
12076
06:44:10,878 --> 06:44:13,360
that bad entrepreneurs talk about with
12077
06:44:13,360 --> 06:44:16,160
good entrepreneurs is one of the excuses
12078
06:44:16,160 --> 06:44:18,080
they'll make is that they will make
12079
06:44:18,080 --> 06:44:19,840
preference excuses. They will make
12080
06:44:19,840 --> 06:44:23,040
trade-off excuses. They will say this is
12081
06:44:23,040 --> 06:44:25,680
not worth the price. In which case,
12082
06:44:25,680 --> 06:44:28,400
fine, but don't also want the thing. So
12083
06:44:28,400 --> 06:44:30,558
for example, privacy is the price of
12084
06:44:30,558 --> 06:44:32,718
fame. Loneliness is the price of
12085
06:44:32,718 --> 06:44:35,280
ambition. Pleasure is the price of
12086
06:44:35,280 --> 06:44:37,840
discipline. Novelty is the price of
12087
06:44:37,840 --> 06:44:40,320
loyalty. Discretion is the price of
12088
06:44:40,320 --> 06:44:42,320
trust. And so so many people want the
12089
06:44:42,320 --> 06:44:45,120
benefits of these traits, but can't
12090
06:44:45,120 --> 06:44:47,040
afford the cost or the price. They're
12091
06:44:47,040 --> 06:44:48,558
not willing to be discreet, but they
12092
06:44:48,558 --> 06:44:49,840
want someone to trust them. They can't
12093
06:44:49,840 --> 06:44:51,920
hold someone's secrets. They they want
12094
06:44:51,920 --> 06:44:54,160
somebody to be be loyal to them at home,
12095
06:44:54,160 --> 06:44:56,080
but then they want the thrill of the new
12096
06:44:56,080 --> 06:44:57,840
relationship. They want the benefits of
12097
06:44:57,840 --> 06:44:59,920
discipline, of consistency, but they
12098
06:44:59,920 --> 06:45:02,558
can't trade the pleasure in the moment.
12099
06:45:02,558 --> 06:45:05,040
They want ambition, but they're not
12100
06:45:05,040 --> 06:45:06,558
willing to pay the price of being
12101
06:45:06,558 --> 06:45:08,638
lonely, of being the exception. They
12102
06:45:08,638 --> 06:45:11,280
want fame, but then all of a sudden they
12103
06:45:11,280 --> 06:45:13,520
are startled when they realize that they
12104
06:45:13,520 --> 06:45:15,760
have no privacy. And so each of these
12105
06:45:15,760 --> 06:45:18,080
things are tradeoffs. And if you're not
12106
06:45:18,080 --> 06:45:20,160
willing to make the trade, fine, but
12107
06:45:20,160 --> 06:45:22,160
don't [ __ ] about it. And and I think
12108
06:45:22,160 --> 06:45:24,160
part of it is that we have a hard time
12109
06:45:24,160 --> 06:45:26,638
understanding to what degree. And so
12110
06:45:26,638 --> 06:45:31,120
each of these ideals are not binary.
12111
06:45:31,120 --> 06:45:33,200
It's not discretion. It's how much
12112
06:45:33,200 --> 06:45:34,558
discretion you have. It's not novelty,
12113
06:45:34,558 --> 06:45:35,600
it's how much novelty. It's not
12114
06:45:35,600 --> 06:45:37,040
pleasure, it's how much pleasure. It's
12115
06:45:37,040 --> 06:45:38,878
not loneliness, it's how lonely. And
12116
06:45:38,878 --> 06:45:41,360
it's not hard work. It's how hard do you
12117
06:45:41,360 --> 06:45:43,360
have to work and how long do you have to
12118
06:45:43,360 --> 06:45:45,040
work? And so most people, and I think
12119
06:45:45,040 --> 06:45:46,240
this is where a lot of the complaints
12120
06:45:46,240 --> 06:45:48,798
come, is that they believe they're doing
12121
06:45:48,798 --> 06:45:50,478
10 out of 10 work, right? They're like,
12122
06:45:50,478 --> 06:45:52,558
I'm do this is 10 out of 10 hard for me
12123
06:45:52,558 --> 06:45:55,600
right now, but they're actually only
12124
06:45:55,600 --> 06:45:58,240
doing onetenth
12125
06:45:58,240 --> 06:46:00,478
of the amount of work that it takes to
12126
06:46:00,478 --> 06:46:02,558
get to this goal. And so they might be
12127
06:46:02,558 --> 06:46:04,958
doing a 10 out of 10 work for a 100K
12128
06:46:04,958 --> 06:46:06,798
goal, but they're doing a 1 out of 10
12129
06:46:06,798 --> 06:46:09,200
work for a $1 million goal. And I think
12130
06:46:09,200 --> 06:46:10,878
a lot of that work comes down to being
12131
06:46:10,878 --> 06:46:14,000
able to accurately assess reality and
12132
06:46:14,000 --> 06:46:16,080
see what your actual discrepancies are
12133
06:46:16,080 --> 06:46:18,160
and realize how much work you really
12134
06:46:18,160 --> 06:46:20,000
have to do in order to get good at every
12135
06:46:20,000 --> 06:46:22,000
one of those discrepancies because most
12136
06:46:22,000 --> 06:46:24,718
outcomes don't occur until you've met
12137
06:46:24,718 --> 06:46:26,878
all of the conditions like a pipeline.
12138
06:46:26,878 --> 06:46:28,000
All right? So let's say you've got this
12139
06:46:28,000 --> 06:46:29,840
pipeline here and you've got these
12140
06:46:29,840 --> 06:46:31,600
valves. These are the valves. You've got
12141
06:46:31,600 --> 06:46:33,120
this water that's coming here and let's
12142
06:46:33,120 --> 06:46:34,478
say once you get all the way through the
12143
06:46:34,478 --> 06:46:36,160
water comes out the other side. These
12144
06:46:36,160 --> 06:46:39,440
valves have to open. You have to open
12145
06:46:39,440 --> 06:46:42,000
this thing. Open each of these valves.
12146
06:46:42,000 --> 06:46:43,360
And let's say you've checked off three
12147
06:46:43,360 --> 06:46:45,120
of the four boxes. The water's still
12148
06:46:45,120 --> 06:46:46,638
going to be stuck here. You're still not
12149
06:46:46,638 --> 06:46:48,160
going to get the water through. And so
12150
06:46:48,160 --> 06:46:49,840
the thing is is that as much as you work
12151
06:46:49,840 --> 06:46:51,680
and you're like, "But I did that and I
12152
06:46:51,680 --> 06:46:53,600
did that and that didn't work and that
12153
06:46:53,600 --> 06:46:56,080
didn't work. It may have worked. It just
12154
06:46:56,080 --> 06:46:58,160
might not have met every condition to
12155
06:46:58,160 --> 06:46:59,680
get the outcome." And so if you think
12156
06:46:59,680 --> 06:47:01,280
about life and outcomes that way, it
12157
06:47:01,280 --> 06:47:03,040
gets a lot easier because it stops being
12158
06:47:03,040 --> 06:47:04,958
emotional. You can simply say there's a
12159
06:47:04,958 --> 06:47:06,320
condition that I haven't met and I have
12160
06:47:06,320 --> 06:47:07,760
to figure out what that condition is
12161
06:47:07,760 --> 06:47:09,280
rather than proclaiming that the
12162
06:47:09,280 --> 06:47:11,760
universe isn't fair or that you you
12163
06:47:11,760 --> 06:47:14,160
started further back and that's why your
12164
06:47:14,160 --> 06:47:18,400
effort hasn't resulted in it. Maybe and
12165
06:47:18,400 --> 06:47:20,638
maybe this person only has to meet three
12166
06:47:20,638 --> 06:47:23,040
of these and you have to meet four.
12167
06:47:23,040 --> 06:47:24,718
Okay. Well, then I guess that means that
12168
06:47:24,718 --> 06:47:27,040
you're going to be better than them. Why
12169
06:47:27,040 --> 06:47:28,400
is that a bad thing? It means that
12170
06:47:28,400 --> 06:47:29,680
you're going to develop more skills to
12171
06:47:29,680 --> 06:47:32,638
achieve the same goal. Great. If the end
12172
06:47:32,638 --> 06:47:35,520
of this life is that you are the steel,
12173
06:47:35,520 --> 06:47:37,520
you are the thing that gets created,
12174
06:47:37,520 --> 06:47:39,440
then you can't resent the hammer and the
12175
06:47:39,440 --> 06:47:41,040
fire that makes you. Because you can't
12176
06:47:41,040 --> 06:47:43,360
wish for strong character and an easy
12177
06:47:43,360 --> 06:47:45,920
life because the price of each is the
12178
06:47:45,920 --> 06:47:47,360
other. So either people aren't
12179
06:47:47,360 --> 06:47:48,558
succeeding because they don't understand
12180
06:47:48,558 --> 06:47:49,840
that they have to make a trade that
12181
06:47:49,840 --> 06:47:51,440
they're not willing to make or the trade
12182
06:47:51,440 --> 06:47:52,798
that they're currently making isn't
12183
06:47:52,798 --> 06:47:54,878
sufficient. So they either think that
12184
06:47:54,878 --> 06:47:56,558
they deserve to get the Nike shoes just
12185
06:47:56,558 --> 06:47:58,160
for being who they are and think it's
12186
06:47:58,160 --> 06:47:59,600
not fair and think that the store owner
12187
06:47:59,600 --> 06:48:00,798
should just give them the Nike shoes.
12188
06:48:00,798 --> 06:48:01,840
And look, all you have to do is look at
12189
06:48:01,840 --> 06:48:02,878
the news. There's plenty of people who
12190
06:48:02,878 --> 06:48:04,080
think that way and they go and try and
12191
06:48:04,080 --> 06:48:05,760
take it, right? But that makes them a
12192
06:48:05,760 --> 06:48:07,200
thief. That makes them significantly
12193
06:48:07,200 --> 06:48:08,878
worse. It actually does more harm to
12194
06:48:08,878 --> 06:48:10,718
them in my opinion. But there are people
12195
06:48:10,718 --> 06:48:12,320
who believe that. That's the worst.
12196
06:48:12,320 --> 06:48:13,600
That's the lowest level. The next level
12197
06:48:13,600 --> 06:48:15,280
above that is people who say, "No, I'm
12198
06:48:15,280 --> 06:48:16,558
willing to pay for the Nikes, but I'll
12199
06:48:16,558 --> 06:48:18,798
pay 30." It's like, "Yeah, but they're
12200
06:48:18,798 --> 06:48:21,040
they're 300. That's the price." It's
12201
06:48:21,040 --> 06:48:22,320
like, "Yeah, but I'll pay 30." They
12202
06:48:22,320 --> 06:48:24,160
don't extend they understand the extent
12203
06:48:24,160 --> 06:48:26,478
of the trade-off and then they complain
12204
06:48:26,478 --> 06:48:28,320
that their $30 isn't good enough. It
12205
06:48:28,320 --> 06:48:30,638
shouldn't be so expensive. It is what it
12206
06:48:30,638 --> 06:48:32,320
is. And so there's a saying that Leila
12207
06:48:32,320 --> 06:48:33,680
and I say a lot internally. I'm like it
12208
06:48:33,680 --> 06:48:35,120
takes what it takes. And so if we want
12209
06:48:35,120 --> 06:48:37,360
this thing, what often has to happen is
12210
06:48:37,360 --> 06:48:39,520
you have to keep bidding. It's much more
12211
06:48:39,520 --> 06:48:41,600
like an auction of a trade-off because
12212
06:48:41,600 --> 06:48:43,760
the real world level three is that you
12213
06:48:43,760 --> 06:48:46,240
see the Nikes and then you bid 30 and
12214
06:48:46,240 --> 06:48:48,478
then you realize it's not enough. And
12215
06:48:48,478 --> 06:48:50,400
rather than moan or put your thing down
12216
06:48:50,400 --> 06:48:52,558
and walk away, you're like 50. And
12217
06:48:52,558 --> 06:48:56,400
they're like, you're like 100.
12218
06:48:56,400 --> 06:48:58,878
You're like, God. And so that is the
12219
06:48:58,878 --> 06:49:00,958
pain is being able to consistently reset
12220
06:49:00,958 --> 06:49:03,360
the expectations and bid again and again
12221
06:49:03,360 --> 06:49:06,718
and again until eventually you make it
12222
06:49:06,718 --> 06:49:10,320
all the way through and you bid $300.
12223
06:49:10,320 --> 06:49:12,798
You do get your Nikes and then all of a
12224
06:49:12,798 --> 06:49:15,200
sudden everyone says
12225
06:49:15,200 --> 06:49:19,600
must be nice to be born so naturally
12226
06:49:19,600 --> 06:49:21,280
good. All you have to do by the way is
12227
06:49:21,280 --> 06:49:22,718
watch some of my very first content
12228
06:49:22,718 --> 06:49:24,080
pieces. And you think my very first
12229
06:49:24,080 --> 06:49:25,680
content pieces are the podcasts that I
12230
06:49:25,680 --> 06:49:27,520
made. various for content pieces that I
12231
06:49:27,520 --> 06:49:30,638
made I made for my gyms 13 years ago.
12232
06:49:30,638 --> 06:49:32,000
And so it's like, man, you're so
12233
06:49:32,000 --> 06:49:33,840
naturally good on camera. Watch those
12234
06:49:33,840 --> 06:49:36,160
videos. Tell me if you think the same
12235
06:49:36,160 --> 06:49:37,600
way. I had to take shots before the
12236
06:49:37,600 --> 06:49:38,718
videos cuz I was so nervous about
12237
06:49:38,718 --> 06:49:40,240
sounding stupid. In the fourth version,
12238
06:49:40,240 --> 06:49:41,520
I would say like the highest version of
12239
06:49:41,520 --> 06:49:43,600
this. So let let's I'll I'll break this
12240
06:49:43,600 --> 06:49:47,360
down. So the zero level of trade-offs is
12241
06:49:47,360 --> 06:49:49,360
should you just say you should get it
12242
06:49:49,360 --> 06:49:52,558
for nothing. The next level is too much.
12243
06:49:52,558 --> 06:49:55,280
So you say it's 30 bucks, but it's
12244
06:49:55,280 --> 06:49:57,600
actually 300. And you say it should. The
12245
06:49:57,600 --> 06:50:01,600
next level is bidding. So you bid. So
12246
06:50:01,600 --> 06:50:05,440
you say 30, 50, 100, and you find out
12247
06:50:05,440 --> 06:50:06,718
that you're insufficient. You keep going
12248
06:50:06,718 --> 06:50:08,958
up. The final is source, which is where
12249
06:50:08,958 --> 06:50:10,478
you determine the price. And this is
12250
06:50:10,478 --> 06:50:12,000
often, in my opinion, where you create
12251
06:50:12,000 --> 06:50:14,400
your reality. So, it's continuing to
12252
06:50:14,400 --> 06:50:17,360
hammer away at content, continuing to
12253
06:50:17,360 --> 06:50:19,040
write drafts of the book before anyone
12254
06:50:19,040 --> 06:50:20,958
else has seen it because you are the one
12255
06:50:20,958 --> 06:50:22,638
that holds a standard higher than
12256
06:50:22,638 --> 06:50:25,600
everyone else's because no longer do you
12257
06:50:25,600 --> 06:50:27,520
accept the approval of others as your
12258
06:50:27,520 --> 06:50:30,160
litmus test. The market for sure in the
12259
06:50:30,160 --> 06:50:31,280
beginning will tell you whether you're
12260
06:50:31,280 --> 06:50:34,400
good or not. But Steve Jobs, Henry Ford,
12261
06:50:34,400 --> 06:50:35,920
right, they would have asked for faster
12262
06:50:35,920 --> 06:50:39,040
horses, not cars, is that they demand
12263
06:50:39,040 --> 06:50:41,360
more from themselves than anyone else
12264
06:50:41,360 --> 06:50:43,920
does. And by setting that standard here
12265
06:50:43,920 --> 06:50:46,478
where everyone else is here, by actually
12266
06:50:46,478 --> 06:50:48,478
meeting the standards of the market, you
12267
06:50:48,478 --> 06:50:50,000
actually lower your own. And so this is
12268
06:50:50,000 --> 06:50:52,080
where your standards become source. And
12269
06:50:52,080 --> 06:50:53,920
this is where you get into rarified air.
12270
06:50:53,920 --> 06:50:57,120
And this is what the quote rich guys, if
12271
06:50:57,120 --> 06:50:59,120
you will, when we talk behind closed
12272
06:50:59,120 --> 06:51:00,400
doors about what people don't
12273
06:51:00,400 --> 06:51:02,160
understand. It's about holding the
12274
06:51:02,160 --> 06:51:03,920
standard. And in my opinion, the person
12275
06:51:03,920 --> 06:51:05,040
who should make the decision in every
12276
06:51:05,040 --> 06:51:06,320
organization is the person who has the
12277
06:51:06,320 --> 06:51:07,440
highest standard. It's not the person
12278
06:51:07,440 --> 06:51:09,280
who's most senior, not the person who
12279
06:51:09,280 --> 06:51:11,040
has the most shares. It's the person who
12280
06:51:11,040 --> 06:51:12,718
has the highest standards for whatever
12281
06:51:12,718 --> 06:51:14,320
it is. Our marketing should be at this
12282
06:51:14,320 --> 06:51:16,320
level. If the owner thinks it's less,
12283
06:51:16,320 --> 06:51:17,920
then that person should be the person
12284
06:51:17,920 --> 06:51:19,440
who's running marketing. If somebody
12285
06:51:19,440 --> 06:51:20,638
else thinks the product needs to be this
12286
06:51:20,638 --> 06:51:22,080
good and someone else thinks it be less,
12287
06:51:22,080 --> 06:51:23,280
that person should be in charge, whether
12288
06:51:23,280 --> 06:51:25,120
it's their first day or the thousandth
12289
06:51:25,120 --> 06:51:27,120
day. The person who has the highest
12290
06:51:27,120 --> 06:51:28,320
standards is the one who should be
12291
06:51:28,320 --> 06:51:29,840
making the decision. They should become
12292
06:51:29,840 --> 06:51:31,360
source. And so when you get to that
12293
06:51:31,360 --> 06:51:32,638
level, the only person you're making
12294
06:51:32,638 --> 06:51:34,478
trade-offs with is yourself. You're the
12295
06:51:34,478 --> 06:51:36,718
one who's determining
12296
06:51:36,718 --> 06:51:39,520
is this good enough for me to put my
12297
06:51:39,520 --> 06:51:41,840
name on rather than is this good enough
12298
06:51:41,840 --> 06:51:43,680
for them to say it's good. And for
12299
06:51:43,680 --> 06:51:46,638
example, J.R.R. Tolkien worked on The
12300
06:51:46,638 --> 06:51:49,200
Hobbit for a decade and he didn't even
12301
06:51:49,200 --> 06:51:51,040
submit the draft. One of his friends saw
12302
06:51:51,040 --> 06:51:52,160
that he had been working on it for a
12303
06:51:52,160 --> 06:51:53,760
decade and submitted it, grabbed it from
12304
06:51:53,760 --> 06:51:55,440
his desk and submitted it for him to a
12305
06:51:55,440 --> 06:51:57,120
publisher and then it obviously became
12306
06:51:57,120 --> 06:51:59,040
The Hobbit and and everything came after
12307
06:51:59,040 --> 06:52:02,320
that. And so his standards were so high
12308
06:52:02,320 --> 06:52:04,160
that he still didn't even think it was
12309
06:52:04,160 --> 06:52:05,360
ready, but it was still so good that
12310
06:52:05,360 --> 06:52:06,878
they ended up releasing it. Now, many of
12311
06:52:06,878 --> 06:52:08,958
you think that you are J.R. Tolken. But
12312
06:52:08,958 --> 06:52:10,718
most of you were not. It's actually just
12313
06:52:10,718 --> 06:52:13,360
very bad. And so once you realize how
12314
06:52:13,360 --> 06:52:15,760
high your standards really have to be in
12315
06:52:15,760 --> 06:52:17,840
order to be excellent, what you then
12316
06:52:17,840 --> 06:52:20,718
have this daunting realization is that
12317
06:52:20,718 --> 06:52:24,160
you can only do two to four things
12318
06:52:24,160 --> 06:52:26,320
in your whole life because of how long
12319
06:52:26,320 --> 06:52:29,360
it really takes to get to there. And so
12320
06:52:29,360 --> 06:52:31,600
it's like I want to be the best author
12321
06:52:31,600 --> 06:52:33,360
in the world. That's not a desire of
12322
06:52:33,360 --> 06:52:34,878
mine to be clear. But if I wanted to be
12323
06:52:34,878 --> 06:52:36,240
the best author in the world that I know
12324
06:52:36,240 --> 06:52:37,920
that that's going to take at least a
12325
06:52:37,920 --> 06:52:40,400
decade of actually working hard every
12326
06:52:40,400 --> 06:52:42,638
single day to get better. And believing
12327
06:52:42,638 --> 06:52:44,400
that for me because I'm special, I
12328
06:52:44,400 --> 06:52:46,160
should somehow be able to be my first
12329
06:52:46,160 --> 06:52:48,240
book is an overnight success. And and
12330
06:52:48,240 --> 06:52:50,400
and and that is the thing that chains
12331
06:52:50,400 --> 06:52:52,400
you to mediocrity. It's believing that
12332
06:52:52,400 --> 06:52:53,920
it should be a different way rather than
12333
06:52:53,920 --> 06:52:55,360
accepting reality as it is and then
12334
06:52:55,360 --> 06:52:56,878
changing your actions as a consequence.
12335
06:52:56,878 --> 06:53:00,478
And so this is also why lazy people
12336
06:53:00,478 --> 06:53:03,958
distract themselves
12337
06:53:04,958 --> 06:53:08,400
because distraction
12338
06:53:08,400 --> 06:53:10,478
makes you believe the lie that you can
12339
06:53:10,478 --> 06:53:12,558
try a hundred things and then figure out
12340
06:53:12,558 --> 06:53:14,400
which one works when the reality any of
12341
06:53:14,400 --> 06:53:16,160
them can work but none of them will work
12342
06:53:16,160 --> 06:53:18,400
unless you pick one to work on and then
12343
06:53:18,400 --> 06:53:21,600
that is you making it work. The vast
12344
06:53:21,600 --> 06:53:23,120
majority of things with enough iteration
12345
06:53:23,120 --> 06:53:24,558
can become success. It's just that
12346
06:53:24,558 --> 06:53:25,920
people underestimate how many iterations
12347
06:53:25,920 --> 06:53:28,478
they need to have. It's 19 drafts, not
12348
06:53:28,478 --> 06:53:31,760
two. It's 500 minutes of editing to make
12349
06:53:31,760 --> 06:53:35,520
the video, not 50. It's making a,000
12350
06:53:35,520 --> 06:53:39,600
phone calls every week for two years,
12351
06:53:39,600 --> 06:53:42,558
not two months. And so, most of the
12352
06:53:42,558 --> 06:53:44,558
times, it's just that our level of
12353
06:53:44,558 --> 06:53:47,200
understanding, it's it's here. And this
12354
06:53:47,200 --> 06:53:48,878
is where a lot of people get stuck. A
12355
06:53:48,878 --> 06:53:50,478
lot of people get stuck here. They say,
12356
06:53:50,478 --> 06:53:52,558
"I should be better. This should be
12357
06:53:52,558 --> 06:53:54,638
easier. I've already paid a little bit.
12358
06:53:54,638 --> 06:53:56,478
I said I was willing to pay 30. The Nike
12359
06:53:56,478 --> 06:53:58,478
store owner won't give me the shoes. And
12360
06:53:58,478 --> 06:54:00,160
then you basically are the same as this
12361
06:54:00,160 --> 06:54:01,680
person. You just have a price at that. I
12362
06:54:01,680 --> 06:54:03,680
should I should. It should be. I
12363
06:54:03,680 --> 06:54:06,000
deserve. I am worth.
12364
06:54:06,000 --> 06:54:07,200
Takes what it takes. It costs what it
12365
06:54:07,200 --> 06:54:08,400
costs. You got to be willing to make the
12366
06:54:08,400 --> 06:54:10,400
trade. No matter what your goal is, you
12367
06:54:10,400 --> 06:54:12,638
will suffer to achieve it. So, pick a
12368
06:54:12,638 --> 06:54:14,638
goal big enough. It's worth suffering
12369
06:54:14,638 --> 06:54:16,558
for. Here's how to achieve that goal.
12370
06:54:16,558 --> 06:54:18,160
Give me the next 30 minutes and I'll
12371
06:54:18,160 --> 06:54:19,680
help you make the most of your 20s and
12372
06:54:19,680 --> 06:54:21,440
your 30s. So, I made my first million
12373
06:54:21,440 --> 06:54:23,280
when I was 26. A decade later, my
12374
06:54:23,280 --> 06:54:24,958
portfolio companies generated last year
12375
06:54:24,958 --> 06:54:27,040
over $250 million in aggregate revenue.
12376
06:54:27,040 --> 06:54:28,718
And I'm 36 now. And so in this video,
12377
06:54:28,718 --> 06:54:29,600
I'm going to give you the real world
12378
06:54:29,600 --> 06:54:31,120
advice that I wish someone had told me
12379
06:54:31,120 --> 06:54:33,760
much earlier. So number one is you want
12380
06:54:33,760 --> 06:54:36,638
to take asymmetric bets. If you're under
12381
06:54:36,638 --> 06:54:39,760
30, you have no reason not to go 100%
12382
06:54:39,760 --> 06:54:42,000
allin on your goals. The downside is
12383
06:54:42,000 --> 06:54:44,240
nothing and the upside is everything. If
12384
06:54:44,240 --> 06:54:46,878
you think about life as giving you kind
12385
06:54:46,878 --> 06:54:48,958
of lottery tickets, right? You can
12386
06:54:48,958 --> 06:54:50,638
scratch off a ticket and if you don't
12387
06:54:50,638 --> 06:54:53,040
win, then what did you lose? The
12388
06:54:53,040 --> 06:54:54,718
scratchoff ticket. But the thing is is
12389
06:54:54,718 --> 06:54:56,718
that when you have nothing to lose, you
12390
06:54:56,718 --> 06:54:59,200
have nothing to lose and you only have
12391
06:54:59,200 --> 06:55:01,040
things to gain. And so the objective
12392
06:55:01,040 --> 06:55:02,878
when you have as little as you can is to
12393
06:55:02,878 --> 06:55:05,040
take as many shots as possible because
12394
06:55:05,040 --> 06:55:08,000
your downside is zero, right? And so
12395
06:55:08,000 --> 06:55:09,760
it's the only time in your career where
12396
06:55:09,760 --> 06:55:11,360
you can take more shots than anyone
12397
06:55:11,360 --> 06:55:14,080
else. And so the reason or the fact that
12398
06:55:14,080 --> 06:55:15,600
people don't take shots and myself
12399
06:55:15,600 --> 06:55:17,040
included when I was younger, I was so
12400
06:55:17,040 --> 06:55:18,878
afraid to take a shot. But the only
12401
06:55:18,878 --> 06:55:21,040
reason that was holding me back was the
12402
06:55:21,040 --> 06:55:23,200
belief that other people who I don't
12403
06:55:23,200 --> 06:55:25,600
even talk to anymore would somehow judge
12404
06:55:25,600 --> 06:55:27,920
me as a quote failure. You never
12405
06:55:27,920 --> 06:55:30,240
actually start from scratch ever again
12406
06:55:30,240 --> 06:55:32,080
because every time after the first time
12407
06:55:32,080 --> 06:55:33,600
you start from scratch, you start with
12408
06:55:33,600 --> 06:55:36,240
an experience. So you still always net a
12409
06:55:36,240 --> 06:55:38,000
positive. And so that's the beautiful
12410
06:55:38,000 --> 06:55:39,920
thing about taking shots is that you
12411
06:55:39,920 --> 06:55:42,878
either get the big win or more likely
12412
06:55:42,878 --> 06:55:44,878
you learn something and then that
12413
06:55:44,878 --> 06:55:47,120
learning compounds. And so the thing is
12414
06:55:47,120 --> 06:55:50,000
is that I had a misunderstanding of how
12415
06:55:50,000 --> 06:55:51,920
success worked which is that it's far
12416
06:55:51,920 --> 06:55:54,558
more stacking many things on top of each
12417
06:55:54,558 --> 06:55:57,120
other than it is nothing nothing and
12418
06:55:57,120 --> 06:55:58,958
then something works. Right? And so if
12419
06:55:58,958 --> 06:56:01,200
you imagine success like a bridge,
12420
06:56:01,200 --> 06:56:03,120
right? So you're over here and you've
12421
06:56:03,120 --> 06:56:04,558
got this chasm that you have to get
12422
06:56:04,558 --> 06:56:06,000
across. Right? This is, you know, let's
12423
06:56:06,000 --> 06:56:08,160
say there's alligators here and lava and
12424
06:56:08,160 --> 06:56:09,440
all sorts of stuff, right? And then
12425
06:56:09,440 --> 06:56:11,440
there's you over here who's got, you
12426
06:56:11,440 --> 06:56:12,878
know, your big smiley face and you're
12427
06:56:12,878 --> 06:56:13,920
happy and you're doing all the stuff you
12428
06:56:13,920 --> 06:56:15,760
want. The thing is is that I thought
12429
06:56:15,760 --> 06:56:17,840
that I just kept wanting to jump over
12430
06:56:17,840 --> 06:56:19,680
this gap over and over again and think
12431
06:56:19,680 --> 06:56:21,520
like if I just jumped hard enough or if
12432
06:56:21,520 --> 06:56:23,280
I had the right opportunity, that's what
12433
06:56:23,280 --> 06:56:25,200
would do it. But more likely than not,
12434
06:56:25,200 --> 06:56:27,440
it's really like you install these these
12435
06:56:27,440 --> 06:56:30,718
bricks on the path and you keep you keep
12436
06:56:30,718 --> 06:56:31,920
walking and it's like, okay, well, I
12437
06:56:31,920 --> 06:56:33,760
fall here. Okay, well, I'll fix this one
12438
06:56:33,760 --> 06:56:35,520
later. And then you take a and then you
12439
06:56:35,520 --> 06:56:37,040
you start again and then you fall here
12440
06:56:37,040 --> 06:56:38,958
and then you fix this and you keep going
12441
06:56:38,958 --> 06:56:40,478
and then you fall here and then you fix
12442
06:56:40,478 --> 06:56:42,160
this and then all of a sudden you make
12443
06:56:42,160 --> 06:56:44,478
it all the way across. And that's what
12444
06:56:44,478 --> 06:56:46,798
it looks like or what the experience of
12445
06:56:46,798 --> 06:56:48,558
kind of becoming the overnight success
12446
06:56:48,558 --> 06:56:49,920
is and that's why so many people talk
12447
06:56:49,920 --> 06:56:52,240
about it where uh it doesn't happen at
12448
06:56:52,240 --> 06:56:54,160
all and then happens all at once. It's
12449
06:56:54,160 --> 06:56:55,760
not that it happens all at once. The
12450
06:56:55,760 --> 06:56:57,600
actual outcome of getting a system to
12451
06:56:57,600 --> 06:57:00,000
work all the way through that is binary.
12452
06:57:00,000 --> 06:57:01,760
But the process of building the system
12453
06:57:01,760 --> 06:57:04,080
is actually very linear. I'm also not
12454
06:57:04,080 --> 06:57:06,160
saying this from a position of um like
12455
06:57:06,160 --> 06:57:07,760
even though I I you know I saw some
12456
06:57:07,760 --> 06:57:09,440
success early in my career, I also
12457
06:57:09,440 --> 06:57:11,920
started pretty early. And so I had nine
12458
06:57:11,920 --> 06:57:14,958
failed businesses, nine before I had one
12459
06:57:14,958 --> 06:57:17,440
that really worked. And so I bring this
12460
06:57:17,440 --> 06:57:18,958
up to say that like I don't know what
12461
06:57:18,958 --> 06:57:20,558
failure you're on right now. Maybe
12462
06:57:20,558 --> 06:57:22,320
you're on zero failures, you're on one
12463
06:57:22,320 --> 06:57:24,160
failure or two failures, but you have
12464
06:57:24,160 --> 06:57:26,000
way more failures in you at the end of
12465
06:57:26,000 --> 06:57:26,798
the day. Like one of the big
12466
06:57:26,798 --> 06:57:28,878
realizations I had is that since life is
12467
06:57:28,878 --> 06:57:31,120
an infinite game and what that means is
12468
06:57:31,120 --> 06:57:32,718
that there are there are games where you
12469
06:57:32,718 --> 06:57:34,798
have a defined time period and at the
12470
06:57:34,798 --> 06:57:36,638
end you count the score, right? And then
12471
06:57:36,638 --> 06:57:38,798
there's infinite games where the only
12472
06:57:38,798 --> 06:57:40,878
point of the game is to keep playing the
12473
06:57:40,878 --> 06:57:43,600
game. And so like the point of marriage
12474
06:57:43,600 --> 06:57:45,280
is not to get married, it's to stay
12475
06:57:45,280 --> 06:57:47,280
married. The point of health is not to
12476
06:57:47,280 --> 06:57:49,440
get healthy, it's to stay healthy. And
12477
06:57:49,440 --> 06:57:51,440
the point of business is not to get into
12478
06:57:51,440 --> 06:57:53,920
business, but to stay in business. And
12479
06:57:53,920 --> 06:57:55,760
so basically the only thing that you
12480
06:57:55,760 --> 06:57:57,920
have to do to stay in business is to
12481
06:57:57,920 --> 06:58:00,718
choose to continue to fight. And so once
12482
06:58:00,718 --> 06:58:02,558
you realize that, then you realize that
12483
06:58:02,558 --> 06:58:04,000
you become a success the moment you
12484
06:58:04,000 --> 06:58:05,520
decide you are. Because being successful
12485
06:58:05,520 --> 06:58:07,840
is far more about being in the game,
12486
06:58:07,840 --> 06:58:09,760
about being in the arena. And so when
12487
06:58:09,760 --> 06:58:11,680
you're in your 20s, what you lack in
12488
06:58:11,680 --> 06:58:13,520
experience, you have to make up for in
12489
06:58:13,520 --> 06:58:15,200
effort and hours. And believing
12490
06:58:15,200 --> 06:58:17,920
otherwise leads to a life of honestly
12491
06:58:17,920 --> 06:58:19,760
well-deserved mediocrity. So if you're
12492
06:58:19,760 --> 06:58:21,120
hearing this, you're like, "Okay, I got
12493
06:58:21,120 --> 06:58:22,718
it. I need to take more bets and I need
12494
06:58:22,718 --> 06:58:24,478
to take maybe riskier bets because my
12495
06:58:24,478 --> 06:58:26,000
downside is nothing. All right. Well,
12496
06:58:26,000 --> 06:58:28,558
which bets do I take? So number two,
12497
06:58:28,558 --> 06:58:31,280
don't follow your passion. So passion is
12498
06:58:31,280 --> 06:58:33,280
vague and so it's very difficult to say
12499
06:58:33,280 --> 06:58:34,958
I like this thing more than this thing.
12500
06:58:34,958 --> 06:58:36,638
But what you can say is I'm better at
12501
06:58:36,638 --> 06:58:39,600
this than that. And so passion usually
12502
06:58:39,600 --> 06:58:43,200
then comes from competence, not creates
12503
06:58:43,200 --> 06:58:44,878
competence. And so we usually like
12504
06:58:44,878 --> 06:58:46,478
things that we get good at rather than
12505
06:58:46,478 --> 06:58:47,840
getting good at things that we like,
12506
06:58:47,840 --> 06:58:49,040
right? And so this is the thing like
12507
06:58:49,040 --> 06:58:50,638
that I think confuses a lot of people.
12508
06:58:50,638 --> 06:58:52,240
And so the other flip side of this is
12509
06:58:52,240 --> 06:58:53,360
that enjoying something doesn't even
12510
06:58:53,360 --> 06:58:54,638
guarantee that you're good at it or that
12511
06:58:54,638 --> 06:58:55,520
you're going to be able to make money
12512
06:58:55,520 --> 06:58:57,440
from it. And I remember my dad used to
12513
06:58:57,440 --> 06:58:58,558
tell me when I was much younger, he
12514
06:58:58,558 --> 06:58:59,760
said, "Listen, if I were following my
12515
06:58:59,760 --> 06:59:01,040
passion, I'd be a bartender at a ski
12516
06:59:01,040 --> 06:59:02,478
slope, right?" He said, "If you can just
12517
06:59:02,478 --> 06:59:03,440
make money," he said, "The rest of your
12518
06:59:03,440 --> 06:59:04,798
life, you can do whatever you want." And
12519
06:59:04,798 --> 06:59:06,160
I actually think it was very practical
12520
06:59:06,160 --> 06:59:07,200
advice for me. And I'm very grateful
12521
06:59:07,200 --> 06:59:08,798
that I got that. But the thing is is
12522
06:59:08,798 --> 06:59:10,638
that getting good at anything, you have
12523
06:59:10,638 --> 06:59:11,920
to slog through this period where you're
12524
06:59:11,920 --> 06:59:12,718
probably not going to be passionate
12525
06:59:12,718 --> 06:59:13,920
about it because it's very boring. It's
12526
06:59:13,920 --> 06:59:15,200
very monotonous. It's very repetitive.
12527
06:59:15,200 --> 06:59:16,240
Right? It's it's one thing to say, "Oh,
12528
06:59:16,240 --> 06:59:17,440
I like ping pong." It's another thing to
12529
06:59:17,440 --> 06:59:19,040
say like I hit 500 forehands and 500
12530
06:59:19,040 --> 06:59:20,958
backhands every morning and every night,
12531
06:59:20,958 --> 06:59:22,320
right? It's a different level of
12532
06:59:22,320 --> 06:59:23,600
dedication that you have to have to it.
12533
06:59:23,600 --> 06:59:24,798
And that isn't going to be something
12534
06:59:24,798 --> 06:59:25,920
you're passionate about. You might like
12535
06:59:25,920 --> 06:59:26,878
playing the game, but getting good at
12536
06:59:26,878 --> 06:59:28,558
the game are two very different things,
12537
06:59:28,558 --> 06:59:30,000
right? And so it sets this false
12538
06:59:30,000 --> 06:59:31,520
expectation that I think ultimately
12539
06:59:31,520 --> 06:59:34,000
harms more people. And I think one of
12540
06:59:34,000 --> 06:59:35,360
the biggest reasons of not following
12541
06:59:35,360 --> 06:59:37,920
your passion is that your passions will
12542
06:59:37,920 --> 06:59:40,000
change as you age. I promise you, the
12543
06:59:40,000 --> 06:59:40,798
things that I was passionate about when
12544
06:59:40,798 --> 06:59:42,320
I was 20 is not things I'm passion about
12545
06:59:42,320 --> 06:59:43,440
now. And I'm sure that things I'm
12546
06:59:43,440 --> 06:59:44,638
passionate about when I'm in my mid and
12547
06:59:44,638 --> 06:59:45,920
late 40s are going to be different than
12548
06:59:45,920 --> 06:59:47,760
things I'm now. Same as 50s and 60s. And
12549
06:59:47,760 --> 06:59:49,200
so this idea that like I have to find
12550
06:59:49,200 --> 06:59:50,798
this one thing, it puts a ton of
12551
06:59:50,798 --> 06:59:52,400
pressure on that thing that it has to be
12552
06:59:52,400 --> 06:59:53,760
perfect forever. And if it's not going
12553
06:59:53,760 --> 06:59:55,200
to be perfect forever, then why don't we
12554
06:59:55,200 --> 06:59:57,280
be practical now so that we can give
12555
06:59:57,280 --> 06:59:58,958
ourselves options later. So
12556
06:59:58,958 --> 07:00:00,400
fundamentally, all we're going to look
12557
07:00:00,400 --> 07:00:02,478
for are things that you're good at that
12558
07:00:02,478 --> 07:00:04,478
people already spend money on because
12559
07:00:04,478 --> 07:00:06,000
that creates a very high likelihood
12560
07:00:06,000 --> 07:00:08,080
outcome of you creating something that
12561
07:00:08,080 --> 07:00:09,840
you can exchange in the marketplace.
12562
07:00:09,840 --> 07:00:11,040
Once you've decided on something that
12563
07:00:11,040 --> 07:00:11,920
you want to get better at, you're
12564
07:00:11,920 --> 07:00:12,718
already good at it. You want to get
12565
07:00:12,718 --> 07:00:14,160
better at it, which is hopefully, you
12566
07:00:14,160 --> 07:00:15,680
know, maybe it is your passion, which be
12567
07:00:15,680 --> 07:00:17,040
amazing, but a lot of times it's not.
12568
07:00:17,040 --> 07:00:18,160
The next thing is you have to get good
12569
07:00:18,160 --> 07:00:20,558
at one thing.
12570
07:00:20,558 --> 07:00:22,240
Think about the equal opposite of this.
12571
07:00:22,240 --> 07:00:24,718
How would I get someone to be poor? I
12572
07:00:24,718 --> 07:00:26,718
would get them to keep starting new
12573
07:00:26,718 --> 07:00:28,718
things rather than getting good at one
12574
07:00:28,718 --> 07:00:30,958
thing. And so, do you remember that guy
12575
07:00:30,958 --> 07:00:33,520
who got rich dropshipping, day trading,
12576
07:00:33,520 --> 07:00:35,200
buying crypto, and wholesaling all at
12577
07:00:35,200 --> 07:00:37,360
the same time? Yeah. Me neither. You
12578
07:00:37,360 --> 07:00:39,360
have to focus. And it's arrogant to
12579
07:00:39,360 --> 07:00:40,798
think that you can do multiple things at
12580
07:00:40,798 --> 07:00:42,638
once and beat someone who does one thing
12581
07:00:42,638 --> 07:00:44,478
with all their effort. You have to pick
12582
07:00:44,478 --> 07:00:46,558
one thing and go allin and then you
12583
07:00:46,558 --> 07:00:48,638
become the one who's hard to beat. So I
12584
07:00:48,638 --> 07:00:50,000
told you earlier that I had nine failed
12585
07:00:50,000 --> 07:00:51,920
businesses. Now here's the part that a
12586
07:00:51,920 --> 07:00:53,440
lot of people don't know. Six of those I
12587
07:00:53,440 --> 07:00:55,680
had at the same time. And so I like to
12588
07:00:55,680 --> 07:00:57,680
tell people, oh yeah, I'm a CEO. I've
12589
07:00:57,680 --> 07:00:59,360
got multiple companies, right? Like kind
12590
07:00:59,360 --> 07:01:01,040
of the way I do now. But it's very
12591
07:01:01,040 --> 07:01:02,240
different now because the thing is is
12592
07:01:02,240 --> 07:01:04,878
that I actually have CEOs who run those
12593
07:01:04,878 --> 07:01:06,878
businesses, right? Not me. Because you
12594
07:01:06,878 --> 07:01:08,638
can only be CEO of one thing. You can
12595
07:01:08,638 --> 07:01:10,160
only drive one thing. Now
12596
07:01:10,160 --> 07:01:12,240
IDriveacquisquisition.com,
12597
07:01:12,240 --> 07:01:14,080
right? But CEOs of each of the divisions
12598
07:01:14,080 --> 07:01:15,360
of each of the portfolio companies, like
12599
07:01:15,360 --> 07:01:16,400
those are people who run their own
12600
07:01:16,400 --> 07:01:18,638
profit and loss statements. And I didn't
12601
07:01:18,638 --> 07:01:20,080
understand that. And so I had a
12602
07:01:20,080 --> 07:01:22,080
chiropractor agency, a dental agency, a
12603
07:01:22,080 --> 07:01:23,200
gym launch business where we did
12604
07:01:23,200 --> 07:01:26,000
turnarounds. I And then I also had five
12605
07:01:26,000 --> 07:01:28,478
gyms of my own at the time. All right?
12606
07:01:28,478 --> 07:01:29,440
Depending on how you want to describe
12607
07:01:29,440 --> 07:01:30,958
it, I had five locations plus the three.
12608
07:01:30,958 --> 07:01:32,558
So I had eight. It's a lot. All right?
12609
07:01:32,558 --> 07:01:34,638
It was too much. And because of that, I
12610
07:01:34,638 --> 07:01:36,320
was stressed out of my mind. I was so
12611
07:01:36,320 --> 07:01:38,320
spread thin and basically I had lots of
12612
07:01:38,320 --> 07:01:40,080
things that generated revenue and I
12613
07:01:40,080 --> 07:01:41,920
didn't make any money. The only thing
12614
07:01:41,920 --> 07:01:43,520
that it fed was my ego, not my bank
12615
07:01:43,520 --> 07:01:45,120
account. When did this big turnaround
12616
07:01:45,120 --> 07:01:46,878
happen for me? Leila came into my life
12617
07:01:46,878 --> 07:01:48,878
and she was like, "Hey, you're clearly
12618
07:01:48,878 --> 07:01:50,638
really good at this one thing. Why don't
12619
07:01:50,638 --> 07:01:52,558
we just cut everything else?" And that's
12620
07:01:52,558 --> 07:01:54,000
exactly what I did. It was the hardest
12621
07:01:54,000 --> 07:01:55,280
period of my life cuz I had to shut down
12622
07:01:55,280 --> 07:01:56,958
all the other businesses but one, which
12623
07:01:56,958 --> 07:01:57,920
also meant that I had to end
12624
07:01:57,920 --> 07:01:59,200
partnerships with all these different
12625
07:01:59,200 --> 07:02:01,360
other people that were relying on me.
12626
07:02:01,360 --> 07:02:02,798
And that was hard. I'm not going to lie.
12627
07:02:02,798 --> 07:02:04,000
Like it was not fun. Like these are
12628
07:02:04,000 --> 07:02:06,000
people that I liked. But I had to make
12629
07:02:06,000 --> 07:02:08,558
this decision. I had to cut off the life
12630
07:02:08,558 --> 07:02:10,160
that I didn't want to have the life I
12631
07:02:10,160 --> 07:02:12,080
wanted. If you want to impress people
12632
07:02:12,080 --> 07:02:14,478
who are poor, talk about how many things
12633
07:02:14,478 --> 07:02:16,718
you do. If you want to impress people
12634
07:02:16,718 --> 07:02:18,478
who are rich, talk about how good you
12635
07:02:18,478 --> 07:02:19,920
are at one thing. Like, at the end of
12636
07:02:19,920 --> 07:02:22,160
the day, your ability to demonstrate
12637
07:02:22,160 --> 07:02:24,638
excellence is going to be the only thing
12638
07:02:24,638 --> 07:02:26,240
that someone who is ahead of you will
12639
07:02:26,240 --> 07:02:28,558
look at. And so, you only fool the
12640
07:02:28,558 --> 07:02:30,320
people who have no idea. And I'll be
12641
07:02:30,320 --> 07:02:31,520
real, there's a lot of people who have
12642
07:02:31,520 --> 07:02:33,760
no idea. So the thing is is that this is
12643
07:02:33,760 --> 07:02:35,360
where the whole imposttor syndrome will
12644
07:02:35,360 --> 07:02:37,200
start creeping up on you because you're
12645
07:02:37,200 --> 07:02:38,638
like man I you know I kind of feel like
12646
07:02:38,638 --> 07:02:40,400
a little bit of imposter because you are
12647
07:02:40,400 --> 07:02:42,320
you're misrepresenting yourself. You
12648
07:02:42,320 --> 07:02:43,680
know you're not as successful as you
12649
07:02:43,680 --> 07:02:45,040
pretend to be. And so if you want to
12650
07:02:45,040 --> 07:02:47,120
eliminate imposter syndrome just stop
12651
07:02:47,120 --> 07:02:48,638
lying. When I say lying people like I
12652
07:02:48,638 --> 07:02:50,718
don't lie. If you present something in a
12653
07:02:50,718 --> 07:02:51,760
way that you know is going to be
12654
07:02:51,760 --> 07:02:53,520
perceived differently than what reality
12655
07:02:53,520 --> 07:02:56,320
is posturing in my opinion lying. You're
12656
07:02:56,320 --> 07:02:57,840
misrepresenting. What you want to be
12657
07:02:57,840 --> 07:02:59,040
able to do is state the facts and tell
12658
07:02:59,040 --> 07:03:01,440
the truth. Period. And then if those
12659
07:03:01,440 --> 07:03:02,958
facts and truth are not compelling and
12660
07:03:02,958 --> 07:03:05,040
do not get you status, then change the
12661
07:03:05,040 --> 07:03:07,280
facts and change the truth. Meaning not
12662
07:03:07,280 --> 07:03:09,200
that you lie about them, but you work so
12663
07:03:09,200 --> 07:03:11,360
hard that the truth is compelling. And
12664
07:03:11,360 --> 07:03:12,958
sometimes that takes time. But I promise
12665
07:03:12,958 --> 07:03:14,478
you, the people who are who are all in
12666
07:03:14,478 --> 07:03:15,600
only on the imposter stuff, the guys
12667
07:03:15,600 --> 07:03:16,958
that I knew that are that were, you
12668
07:03:16,958 --> 07:03:18,240
know, when I was in my 20s who were kind
12669
07:03:18,240 --> 07:03:20,080
of like hustle bros, whatever, a lot of
12670
07:03:20,080 --> 07:03:22,000
those guys faded, you know, and or
12671
07:03:22,000 --> 07:03:23,520
they're still like jumping from thing to
12672
07:03:23,520 --> 07:03:24,958
thing to thing, kind of like pretending
12673
07:03:24,958 --> 07:03:27,120
to be successful, but like I know that
12674
07:03:27,120 --> 07:03:28,320
they're barely able to afford their
12675
07:03:28,320 --> 07:03:29,600
house. At the end of the day, it's a
12676
07:03:29,600 --> 07:03:31,280
choice that you have to make. Do I want
12677
07:03:31,280 --> 07:03:33,040
to pretend to be rich? Do I want to
12678
07:03:33,040 --> 07:03:34,478
pretend to be successful? Do I want to
12679
07:03:34,478 --> 07:03:36,080
look like I'm successful? Or do I want
12680
07:03:36,080 --> 07:03:38,400
to be successful, which more likely is
12681
07:03:38,400 --> 07:03:40,400
do the things that success requires,
12682
07:03:40,400 --> 07:03:42,558
which today do not look like success. It
12683
07:03:42,558 --> 07:03:44,080
looks like a very long string of
12684
07:03:44,080 --> 07:03:46,080
failures. Because you will be rewarded
12685
07:03:46,080 --> 07:03:48,320
far more in life for your determination
12686
07:03:48,320 --> 07:03:50,240
than your intelligence. But the problem
12687
07:03:50,240 --> 07:03:52,400
with determination is is that in the
12688
07:03:52,400 --> 07:03:54,400
short term, it looks like a long string
12689
07:03:54,400 --> 07:03:56,400
of failures until it works. Okay? So,
12690
07:03:56,400 --> 07:03:57,440
you're like, "Got it. I'm going to
12691
07:03:57,440 --> 07:03:58,558
focus." Now, let me give you something
12692
07:03:58,558 --> 07:04:00,000
that's going to help you stay focused.
12693
07:04:00,000 --> 07:04:02,400
Number four, stop networking. All right?
12694
07:04:02,400 --> 07:04:04,160
Now, this is a really, really important
12695
07:04:04,160 --> 07:04:06,320
point. Now, it's not that I even have
12696
07:04:06,320 --> 07:04:07,840
some big problem with networking
12697
07:04:07,840 --> 07:04:09,680
overall. That's actually not my point.
12698
07:04:09,680 --> 07:04:11,440
It's more that there are there are
12699
07:04:11,440 --> 07:04:13,520
seasons of life, right? In the
12700
07:04:13,520 --> 07:04:15,120
beginning, you're in exploration. I
12701
07:04:15,120 --> 07:04:16,400
grabbed this from Nval and I really love
12702
07:04:16,400 --> 07:04:19,680
it. Later on, you get into exploitation,
12703
07:04:19,680 --> 07:04:21,520
which is where you go allin, right? And
12704
07:04:21,520 --> 07:04:22,558
so, the thing is is that in the
12705
07:04:22,558 --> 07:04:24,000
beginning, you're tasting lots of stuff.
12706
07:04:24,000 --> 07:04:26,878
you're trying to figure out what you are
12707
07:04:26,878 --> 07:04:29,360
good at or have some proclivity towards.
12708
07:04:29,360 --> 07:04:30,958
When you have that proclivity, then it
12709
07:04:30,958 --> 07:04:33,200
becomes very clear now is the time to
12710
07:04:33,200 --> 07:04:35,280
cut everything else so that we can focus
12711
07:04:35,280 --> 07:04:37,440
and go deep. Right? So, you go broad in
12712
07:04:37,440 --> 07:04:39,440
the beginning so that you can figure out
12713
07:04:39,440 --> 07:04:41,680
what you to go deep on. The broad period
12714
07:04:41,680 --> 07:04:43,360
that you're in is never the period where
12715
07:04:43,360 --> 07:04:44,718
you're going to make money. Like this is
12716
07:04:44,718 --> 07:04:46,400
the part you have to get. I say from the
12717
07:04:46,400 --> 07:04:47,920
beginning of when I started until I
12718
07:04:47,920 --> 07:04:49,920
really graduated from it was about 5
12719
07:04:49,920 --> 07:04:52,080
years. It's less of a binary, more of a
12720
07:04:52,080 --> 07:04:53,360
continuum. In the beginning, you taste
12721
07:04:53,360 --> 07:04:54,558
lots of stuff and then you just have to
12722
07:04:54,558 --> 07:04:55,520
because in the beginning, you have to
12723
07:04:55,520 --> 07:04:56,958
say yes to things. You have to say yes
12724
07:04:56,958 --> 07:04:58,958
because you're so bad. You're so scared.
12725
07:04:58,958 --> 07:05:00,958
You never want to say yes. But you learn
12726
07:05:00,958 --> 07:05:02,320
to say yes a little bit and then you say
12727
07:05:02,320 --> 07:05:03,680
yes more and then you say yes more. And
12728
07:05:03,680 --> 07:05:05,360
then very quickly you learn to say yes
12729
07:05:05,360 --> 07:05:07,840
and get overwhelmed. And so the only way
12730
07:05:07,840 --> 07:05:09,760
out of this yes trap is you have to
12731
07:05:09,760 --> 07:05:11,440
start practicing to say no. And if
12732
07:05:11,440 --> 07:05:12,558
you're like, wait a second, that means
12733
07:05:12,558 --> 07:05:14,320
that I have to change what I do. Welcome
12734
07:05:14,320 --> 07:05:16,000
to entrepreneurship. Like you have to
12735
07:05:16,000 --> 07:05:17,440
learn, you have to evolve, you have to
12736
07:05:17,440 --> 07:05:19,040
grow. So let me give you a very tactical
12737
07:05:19,040 --> 07:05:20,798
example. So, if you're debating between
12738
07:05:20,798 --> 07:05:22,638
going to a networking event, right, or
12739
07:05:22,638 --> 07:05:24,160
like a lunch with some dude who's like,
12740
07:05:24,160 --> 07:05:25,520
"Hey, we should collaborate. We should
12741
07:05:25,520 --> 07:05:27,280
synergize. We should maybe trade ideas.
12742
07:05:27,280 --> 07:05:28,798
Let me pick your brain, whatever, right?
12743
07:05:28,798 --> 07:05:30,080
And if you're picking between any of
12744
07:05:30,080 --> 07:05:32,400
those things and working, choose the
12745
07:05:32,400 --> 07:05:34,958
work because when the work works out,
12746
07:05:34,958 --> 07:05:36,958
the people will still be there to take
12747
07:05:36,958 --> 07:05:39,440
your call. But if you never do the work,
12748
07:05:39,440 --> 07:05:41,520
no amount of networking will get the
12749
07:05:41,520 --> 07:05:43,280
work done for you." And the bonus or
12750
07:05:43,280 --> 07:05:44,718
negative bonus here is that if you don't
12751
07:05:44,718 --> 07:05:46,000
get the work done, they're not going to
12752
07:05:46,000 --> 07:05:47,520
take your call in the future. And so
12753
07:05:47,520 --> 07:05:48,638
they're willing to take the call today
12754
07:05:48,638 --> 07:05:50,080
with whatever small amount of success
12755
07:05:50,080 --> 07:05:51,680
that you have. But if you lose that
12756
07:05:51,680 --> 07:05:53,280
success because you get distracted,
12757
07:05:53,280 --> 07:05:54,400
they're not going to take the call in
12758
07:05:54,400 --> 07:05:56,320
the future. That door will be open. I
12759
07:05:56,320 --> 07:05:58,000
promise. And not only will that door be
12760
07:05:58,000 --> 07:06:00,478
open, 100 other doors will open for you
12761
07:06:00,478 --> 07:06:03,440
if you win. During this season, losers
12762
07:06:03,440 --> 07:06:06,240
congregate. Winners isolate. If everyone
12763
07:06:06,240 --> 07:06:07,760
was supposed to win, they would have
12764
07:06:07,760 --> 07:06:09,440
made podiums bigger. The top of the
12765
07:06:09,440 --> 07:06:10,638
mountain isn't supposed to fit a lot of
12766
07:06:10,638 --> 07:06:12,478
people. It's normal. The air is harder
12767
07:06:12,478 --> 07:06:14,320
to breathe. And the thing is is if all
12768
07:06:14,320 --> 07:06:16,638
of this seems antithetical or different
12769
07:06:16,638 --> 07:06:17,920
than what you've heard or what other
12770
07:06:17,920 --> 07:06:19,200
people around you are experiencing, ask
12771
07:06:19,200 --> 07:06:21,040
yourself, is that do those people have
12772
07:06:21,040 --> 07:06:23,360
the lives you want? A great way to make
12773
07:06:23,360 --> 07:06:27,280
a mistake is to ask someone else's idea
12774
07:06:27,280 --> 07:06:30,478
about your idea who has no idea. When
12775
07:06:30,478 --> 07:06:32,160
you make this transition from going from
12776
07:06:32,160 --> 07:06:34,558
the exploration period to the
12777
07:06:34,558 --> 07:06:37,040
exploitation phase, you go from many
12778
07:06:37,040 --> 07:06:39,520
looser connections to a very few tight
12779
07:06:39,520 --> 07:06:41,600
ones. I tend to be very transactional as
12780
07:06:41,600 --> 07:06:43,120
a person, but I think we all are and
12781
07:06:43,120 --> 07:06:44,638
some people are just open about it.
12782
07:06:44,638 --> 07:06:46,160
Everybody on some level does some sort
12783
07:06:46,160 --> 07:06:47,520
of math in their head of like the
12784
07:06:47,520 --> 07:06:48,798
person, this person in my life, I get
12785
07:06:48,798 --> 07:06:50,478
more benefits than I have costs. But the
12786
07:06:50,478 --> 07:06:51,680
thing is is that if you want to raise
12787
07:06:51,680 --> 07:06:52,958
the standard of your life, you have to
12788
07:06:52,958 --> 07:06:54,160
raise the standard of the people who you
12789
07:06:54,160 --> 07:06:55,760
surround yourself with. Because the
12790
07:06:55,760 --> 07:06:57,760
fastest way to change your life is to
12791
07:06:57,760 --> 07:06:59,680
change who you're friends with. Because
12792
07:06:59,680 --> 07:07:01,440
that reference group is ultimately going
12793
07:07:01,440 --> 07:07:03,360
to be what you compare yourself to. And
12794
07:07:03,360 --> 07:07:04,478
so if you change who you compare
12795
07:07:04,478 --> 07:07:06,240
yourself to, all of a sudden you will
12796
07:07:06,240 --> 07:07:07,920
create deprivation around the difference
12797
07:07:07,920 --> 07:07:09,120
between where they're at and where
12798
07:07:09,120 --> 07:07:11,120
you're at. The only way that people let
12799
07:07:11,120 --> 07:07:12,400
you into circles that you don't deserve
12800
07:07:12,400 --> 07:07:14,400
to be in is work ethic. There is no
12801
07:07:14,400 --> 07:07:16,400
other way. It is the universal currency
12802
07:07:16,400 --> 07:07:18,320
of respect across cultures, across time
12803
07:07:18,320 --> 07:07:20,160
periods, across cohorts, across
12804
07:07:20,160 --> 07:07:22,638
generations. An old man will respect a
12805
07:07:22,638 --> 07:07:24,718
young man who hustles and they will
12806
07:07:24,718 --> 07:07:26,000
always be willing to give time to
12807
07:07:26,000 --> 07:07:27,600
somebody who they think will execute.
12808
07:07:27,600 --> 07:07:30,080
Like this is that was my secret and it
12809
07:07:30,080 --> 07:07:31,760
still is my secret. Like I I network
12810
07:07:31,760 --> 07:07:33,200
with people who are above who you know I
12811
07:07:33,200 --> 07:07:34,558
punch above my weight class in terms of
12812
07:07:34,558 --> 07:07:35,600
the people that I'm connected with
12813
07:07:35,600 --> 07:07:37,360
because they know that I'll do the work
12814
07:07:37,360 --> 07:07:38,400
and so they don't feel like they're
12815
07:07:38,400 --> 07:07:39,680
wasting their time by helping cuz the
12816
07:07:39,680 --> 07:07:40,718
thing is a lot of people are actually
12817
07:07:40,718 --> 07:07:42,798
very happy to help you. What they aren't
12818
07:07:42,798 --> 07:07:45,120
happy to do is waste their time helping
12819
07:07:45,120 --> 07:07:46,558
you when you actually don't help
12820
07:07:46,558 --> 07:07:48,718
yourself. And so I've shed friends at
12821
07:07:48,718 --> 07:07:51,040
every season of my life and my close
12822
07:07:51,040 --> 07:07:53,120
circle has always been very small like
12823
07:07:53,120 --> 07:07:55,040
very small. The thing is is that I think
12824
07:07:55,040 --> 07:07:57,280
of my life in kind of seasons, right?
12825
07:07:57,280 --> 07:07:58,798
And so you're going to have friends for
12826
07:07:58,798 --> 07:08:00,638
this season and maybe you keep them for
12827
07:08:00,638 --> 07:08:02,320
life but maybe you don't. And I think
12828
07:08:02,320 --> 07:08:03,760
giving yourself permission to say like
12829
07:08:03,760 --> 07:08:05,040
that was that season and they were
12830
07:08:05,040 --> 07:08:06,558
amazing friends for the objectives that
12831
07:08:06,558 --> 07:08:08,400
I had then and then my objectives change
12832
07:08:08,400 --> 07:08:09,840
and it's not really fair to them to say
12833
07:08:09,840 --> 07:08:11,360
hey I'm completely changing all the
12834
07:08:11,360 --> 07:08:12,798
things that I'm doing. You have to still
12835
07:08:12,798 --> 07:08:13,920
be friends with me. It might not make
12836
07:08:13,920 --> 07:08:16,160
sense for them. And so not keeping this
12837
07:08:16,160 --> 07:08:17,600
expectation over them has helped me kind
12838
07:08:17,600 --> 07:08:19,920
of like free myself of that so that I
12839
07:08:19,920 --> 07:08:21,920
can reinvest the time that I have in
12840
07:08:21,920 --> 07:08:23,120
friends that I think will help me get to
12841
07:08:23,120 --> 07:08:24,478
where I'm trying to go next. Okay. So,
12842
07:08:24,478 --> 07:08:26,558
if we're taking these big bets and we're
12843
07:08:26,558 --> 07:08:28,160
we're following something that we're
12844
07:08:28,160 --> 07:08:29,200
good at rather than that we're
12845
07:08:29,200 --> 07:08:30,638
passionate about and we're not going to
12846
07:08:30,638 --> 07:08:32,240
get distracted, we're doubling down on
12847
07:08:32,240 --> 07:08:34,638
one thing and we're turning off these
12848
07:08:34,638 --> 07:08:35,760
other things that in the beginning we
12849
07:08:35,760 --> 07:08:37,120
were exploring the the little lunches,
12850
07:08:37,120 --> 07:08:38,478
the little networking because we know
12851
07:08:38,478 --> 07:08:39,840
that if we just succeed at this one
12852
07:08:39,840 --> 07:08:41,440
thing, all of those doors will be open.
12853
07:08:41,440 --> 07:08:42,878
What do we do to make money? So, let me
12854
07:08:42,878 --> 07:08:45,920
give you a money rule. Money loves
12855
07:08:45,920 --> 07:08:48,080
speed. And this will relate back to the
12856
07:08:48,080 --> 07:08:50,478
asymmetric bets. By the time you have
12857
07:08:50,478 --> 07:08:52,638
all the information, the opportunity is
12858
07:08:52,638 --> 07:08:54,558
gone. Sometimes you just have to make
12859
07:08:54,558 --> 07:08:56,798
your bet. And it's almost always faster
12860
07:08:56,798 --> 07:08:59,360
to make a decision, then make a mistake,
12861
07:08:59,360 --> 07:09:01,680
and then correct that mistake than it is
12862
07:09:01,680 --> 07:09:03,760
to painstakingly deliberate on the
12863
07:09:03,760 --> 07:09:05,520
decision. If you know how long it would
12864
07:09:05,520 --> 07:09:06,958
take you to fix something, if you're
12865
07:09:06,958 --> 07:09:09,440
wrong, then just make your best bet cuz
12866
07:09:09,440 --> 07:09:11,280
you can always fix it later. And so said
12867
07:09:11,280 --> 07:09:13,200
differently, if it takes you 5 minutes
12868
07:09:13,200 --> 07:09:15,520
to decide and then 10 minutes to fix
12869
07:09:15,520 --> 07:09:17,280
something, don't take two hours to
12870
07:09:17,280 --> 07:09:19,040
decide because you could just do it. And
12871
07:09:19,040 --> 07:09:20,558
if you're right, you immediately are
12872
07:09:20,558 --> 07:09:22,240
moving forward 5 minutes later. And if
12873
07:09:22,240 --> 07:09:23,840
you're wrong, you're moving forward 15
12874
07:09:23,840 --> 07:09:25,280
minutes later. But either way, it's
12875
07:09:25,280 --> 07:09:26,400
going to take you less time than trying
12876
07:09:26,400 --> 07:09:27,360
to assume that you're going to know
12877
07:09:27,360 --> 07:09:28,958
everything because you're just not. You
12878
07:09:28,958 --> 07:09:30,958
have to get a grip with uncertainty.
12879
07:09:30,958 --> 07:09:33,280
Like uncertainty is the job. Like, if
12880
07:09:33,280 --> 07:09:35,360
you want certainty, don't try and go
12881
07:09:35,360 --> 07:09:36,638
after your dreams. Because the thing is
12882
07:09:36,638 --> 07:09:38,240
is that the only way to go after a
12883
07:09:38,240 --> 07:09:39,440
certain dream is to go after an old
12884
07:09:39,440 --> 07:09:40,878
dream. And if you go after an old dream
12885
07:09:40,878 --> 07:09:41,920
that's already happened, you're trying
12886
07:09:41,920 --> 07:09:43,120
to fulfill something that will not
12887
07:09:43,120 --> 07:09:44,400
happen again. And so, you're either
12888
07:09:44,400 --> 07:09:46,080
going to do the work or you're going to
12889
07:09:46,080 --> 07:09:48,080
sit around wishing you'd done the work.
12890
07:09:48,080 --> 07:09:49,360
And one of the things that took me a
12891
07:09:49,360 --> 07:09:51,360
very long time to to understand was that
12892
07:09:51,360 --> 07:09:53,360
the things that dragged me down were not
12893
07:09:53,360 --> 07:09:54,878
the things that I thought they were.
12894
07:09:54,878 --> 07:09:56,320
Because the heaviest things in life
12895
07:09:56,320 --> 07:09:58,798
aren't iron or gold, but they are unmade
12896
07:09:58,798 --> 07:10:00,478
decisions. They're the things that weigh
12897
07:10:00,478 --> 07:10:02,080
us down. They take up all of our
12898
07:10:02,080 --> 07:10:04,240
attention, all of our brain power. And
12899
07:10:04,240 --> 07:10:06,240
so, right now, there's probably a
12900
07:10:06,240 --> 07:10:07,920
handful of decisions that you know you
12901
07:10:07,920 --> 07:10:09,920
need to make that you're just not. If
12902
07:10:09,920 --> 07:10:11,760
you want to feel yourself go so much
12903
07:10:11,760 --> 07:10:14,558
faster than you ever have, just decide.
12904
07:10:14,558 --> 07:10:16,718
So few decisions in life actually are
12905
07:10:16,718 --> 07:10:18,798
irreversible. Even the ones that people
12906
07:10:18,798 --> 07:10:20,798
pretend are irreversible. What if I
12907
07:10:20,798 --> 07:10:22,000
should I buy this car? Should I buy this
12908
07:10:22,000 --> 07:10:23,360
car? You could buy it and then flip it.
12909
07:10:23,360 --> 07:10:25,120
It's not like you can't sell it again,
12910
07:10:25,120 --> 07:10:26,798
right? And so the real cost of the
12911
07:10:26,798 --> 07:10:28,000
decision is the delta between what I
12912
07:10:28,000 --> 07:10:29,040
could buy it for and what I can sell it
12913
07:10:29,040 --> 07:10:31,280
for. Okay. Well, how much does it cost
12914
07:10:31,280 --> 07:10:33,920
me waiting 6 months to do this? Probably
12915
07:10:33,920 --> 07:10:36,160
a lot. And if I need that car to to, you
12916
07:10:36,160 --> 07:10:37,600
know, or a truck so that I can like go
12917
07:10:37,600 --> 07:10:39,120
to job sites or pick up clients or
12918
07:10:39,120 --> 07:10:41,760
whatever it is, then like I am losing
12919
07:10:41,760 --> 07:10:43,760
all of the time that I'm waiting to
12920
07:10:43,760 --> 07:10:46,478
decide. And I'm telling you where people
12921
07:10:46,478 --> 07:10:48,400
slow down is at the decision process
12922
07:10:48,400 --> 07:10:50,400
more than at the doing process. Doing
12923
07:10:50,400 --> 07:10:52,320
usually takes very little time. It's the
12924
07:10:52,320 --> 07:10:53,840
deciding that people that bogs people
12925
07:10:53,840 --> 07:10:55,760
down in quagmire, right? They just get
12926
07:10:55,760 --> 07:10:57,040
stuck. They they feel like they're
12927
07:10:57,040 --> 07:10:58,798
trudging through mud because they just
12928
07:10:58,798 --> 07:11:00,000
hit these walls and all of a sudden
12929
07:11:00,000 --> 07:11:01,840
there's no action because they're just
12930
07:11:01,840 --> 07:11:03,520
thinking, they're planning. And I think
12931
07:11:03,520 --> 07:11:04,798
I had to get comfortable with the idea
12932
07:11:04,798 --> 07:11:07,040
that there's so many variables that I do
12933
07:11:07,040 --> 07:11:08,878
not know. That I actually have to get
12934
07:11:08,878 --> 07:11:10,478
comfortable with the idea that I just
12935
07:11:10,478 --> 07:11:13,120
should test and learn and I'll learn way
12936
07:11:13,120 --> 07:11:15,200
faster than if I try and deliberate. And
12937
07:11:15,200 --> 07:11:16,958
that has happened more times in my life
12938
07:11:16,958 --> 07:11:19,280
than not. I would say that approach has
12939
07:11:19,280 --> 07:11:20,798
served me with bigger and bigger
12940
07:11:20,798 --> 07:11:22,638
decisions in life. Like I have I've made
12941
07:11:22,638 --> 07:11:24,320
monster mistakes, but the bigger mistake
12942
07:11:24,320 --> 07:11:25,760
that I would have made is just not being
12943
07:11:25,760 --> 07:11:27,280
able to make decisions to begin with.
12944
07:11:27,280 --> 07:11:29,520
And so you can move through life at
12945
07:11:29,520 --> 07:11:31,600
seven times the rate of other people by
12946
07:11:31,600 --> 07:11:33,280
simply changing when you say you're
12947
07:11:33,280 --> 07:11:35,280
going to make a decision from the end of
12948
07:11:35,280 --> 07:11:37,360
the week to the end of the day. And if
12949
07:11:37,360 --> 07:11:38,878
you want to move even faster than that,
12950
07:11:38,878 --> 07:11:40,000
you can decide at the end of the hour.
12951
07:11:40,000 --> 07:11:41,840
And if you move faster than that, guess
12952
07:11:41,840 --> 07:11:43,840
what you could do? Decide now. And so
12953
07:11:43,840 --> 07:11:45,280
sometimes like my team has seen me do
12954
07:11:45,280 --> 07:11:47,440
this. Well, we're like, "Okay, so um you
12955
07:11:47,440 --> 07:11:48,638
know, we've got to we got to make this
12956
07:11:48,638 --> 07:11:49,680
decision." And people are always like,
12957
07:11:49,680 --> 07:11:51,280
"Yeah, let's kick that to next, you
12958
07:11:51,280 --> 07:11:52,718
know, meeting or let's let's circle
12959
07:11:52,718 --> 07:11:54,160
back. Let's let's go offline for that."
12960
07:11:54,160 --> 07:11:55,920
It's like, "No, let's confront. Let's
12961
07:11:55,920 --> 07:11:57,840
just choose. Let's pick. Which vendor
12962
07:11:57,840 --> 07:11:59,440
are we going with? Which website design
12963
07:11:59,440 --> 07:12:00,798
do we like? What headline are we going
12964
07:12:00,798 --> 07:12:02,240
to use? What's the ad hook that we're
12965
07:12:02,240 --> 07:12:04,400
going to go with? Just pick. That's why
12966
07:12:04,400 --> 07:12:06,878
all of this stuff comes down to bets. If
12967
07:12:06,878 --> 07:12:08,638
you want to have a future that you want,
12968
07:12:08,638 --> 07:12:10,080
you have to get comfortable with risk.
12969
07:12:10,080 --> 07:12:12,320
So, if money loves speed, where are some
12970
07:12:12,320 --> 07:12:14,718
of the money potholes? So, number six,
12971
07:12:14,718 --> 07:12:17,200
pay off your debt. Now, I'm going to hit
12972
07:12:17,200 --> 07:12:18,080
you with something you probably haven't
12973
07:12:18,080 --> 07:12:19,600
thought of before, which is there are
12974
07:12:19,600 --> 07:12:21,520
many kinds of debt. There's obviously
12975
07:12:21,520 --> 07:12:23,520
financial debt, but the biggest and most
12976
07:12:23,520 --> 07:12:25,440
expensive debt is ignorance debt. It's
12977
07:12:25,440 --> 07:12:27,680
the cost of what you do not know but
12978
07:12:27,680 --> 07:12:30,400
should. And to be clear, I still pay off
12979
07:12:30,400 --> 07:12:32,400
ignorance debt every day. It's the debt
12980
07:12:32,400 --> 07:12:34,958
in skills and knowledge that I should
12981
07:12:34,958 --> 07:12:37,120
know to get faster and further to where
12982
07:12:37,120 --> 07:12:39,680
I'm trying to go, but I don't. And so, I
12983
07:12:39,680 --> 07:12:41,600
have to just fail until I get this
12984
07:12:41,600 --> 07:12:43,600
knowledge. But the thing is is that if I
12985
07:12:43,600 --> 07:12:45,680
don't fail, I will never get it. I am
12986
07:12:45,680 --> 07:12:48,798
willing to pay in looking bad, in money
12987
07:12:48,798 --> 07:12:52,240
lost, in time lost, in people judging me
12988
07:12:52,240 --> 07:12:54,400
to make bets. And so I like this
12989
07:12:54,400 --> 07:12:56,080
perspective on experts, which is that an
12990
07:12:56,080 --> 07:12:57,600
expert is just somebody who's made all
12991
07:12:57,600 --> 07:12:58,798
the mistakes you can make in a very
12992
07:12:58,798 --> 07:13:00,958
narrow field. You have to learn how to
12993
07:13:00,958 --> 07:13:03,440
lose before you can learn how to win.
12994
07:13:03,440 --> 07:13:05,440
And the first rule of losing is that you
12995
07:13:05,440 --> 07:13:07,200
didn't lose, you just learned. You paid
12996
07:13:07,200 --> 07:13:09,280
down the most expensive debt. So then
12997
07:13:09,280 --> 07:13:10,878
the question is, if you know that you
12998
07:13:10,878 --> 07:13:12,798
have to pay this debt off, why aren't
12999
07:13:12,798 --> 07:13:14,878
you? And I think it's because you don't
13000
07:13:14,878 --> 07:13:16,718
realize how expensive not paying it off
13001
07:13:16,718 --> 07:13:20,558
really is. And so know the price of
13002
07:13:20,558 --> 07:13:22,798
inaction. Do you think that the reason
13003
07:13:22,798 --> 07:13:24,160
that you're in the situation you're in
13004
07:13:24,160 --> 07:13:25,920
right now is because you've struggled to
13005
07:13:25,920 --> 07:13:27,520
decide in the past that you've gotten
13006
07:13:27,520 --> 07:13:28,638
all the way up to the edge, you've
13007
07:13:28,638 --> 07:13:29,840
gotten all the way up to the precipice,
13008
07:13:29,840 --> 07:13:30,718
all the way to the front of the line,
13009
07:13:30,718 --> 07:13:32,638
and then you choose not to. And so the
13010
07:13:32,638 --> 07:13:34,400
question is, how many times have you run
13011
07:13:34,400 --> 07:13:35,680
that cycle? How many times have you
13012
07:13:35,680 --> 07:13:37,040
thought through this decision and then
13013
07:13:37,040 --> 07:13:38,718
not done something about it? And is the
13014
07:13:38,718 --> 07:13:40,320
life you have you want as a result of
13015
07:13:40,320 --> 07:13:42,160
those actions? Because maybe the best
13016
07:13:42,160 --> 07:13:44,400
thing you can possibly do is maybe see
13017
07:13:44,400 --> 07:13:46,160
this and then just choose to make that
13018
07:13:46,160 --> 07:13:47,840
call because not making that call has
13019
07:13:47,840 --> 07:13:49,040
gotten you where you're at. If you
13020
07:13:49,040 --> 07:13:50,240
genuinely believe that you're going to
13021
07:13:50,240 --> 07:13:52,320
do this sooner or later, right? Make
13022
07:13:52,320 --> 07:13:53,680
this bet, make this call, whatever,
13023
07:13:53,680 --> 07:13:55,600
sooner or later, then you might as well
13024
07:13:55,600 --> 07:13:57,280
do it sooner so you can start enjoying
13025
07:13:57,280 --> 07:13:58,878
the benefits now cuz you're going to
13026
07:13:58,878 --> 07:14:00,320
enjoy the benefits either way. But why
13027
07:14:00,320 --> 07:14:02,080
would you want to delay the benefits of
13028
07:14:02,080 --> 07:14:03,840
taking action? The real real is because
13029
07:14:03,840 --> 07:14:06,000
you want to delay the costs of potential
13030
07:14:06,000 --> 07:14:07,840
failure. Real quick, I have the most
13031
07:14:07,840 --> 07:14:10,000
amazing offer for you, which is all
13032
07:14:10,000 --> 07:14:14,000
three of my books for free. Uh, just
13033
07:14:14,000 --> 07:14:15,040
cover the shipping. I think it's like
13034
07:14:15,040 --> 07:14:17,120
five or six bucks in shipping uh per
13035
07:14:17,120 --> 07:14:19,360
book. um you get the actual hardback
13036
07:14:19,360 --> 07:14:20,958
shipped to you. And the reason for that
13037
07:14:20,958 --> 07:14:22,478
is because some of you guys may know we
13038
07:14:22,478 --> 07:14:24,400
had 3.6 million copies that were donated
13039
07:14:24,400 --> 07:14:26,320
from entrepreneurs. And I'm doing my
13040
07:14:26,320 --> 07:14:28,320
part to give the books away, but I'm
13041
07:14:28,320 --> 07:14:30,958
also giving the other two books uh to
13042
07:14:30,958 --> 07:14:32,558
anyone who want them who choose to
13043
07:14:32,558 --> 07:14:34,320
redeem it. All right. Last time I made
13044
07:14:34,320 --> 07:14:36,798
this offer, uh it sold out in like 10
13045
07:14:36,798 --> 07:14:39,040
days. Uh so I did buy a lot more books.
13046
07:14:39,040 --> 07:14:40,558
Um so if you see this, you know, go
13047
07:14:40,558 --> 07:14:42,160
check it out. Go grab them. Um these are
13048
07:14:42,160 --> 07:14:44,000
obviously while supplies last. um
13049
07:14:44,000 --> 07:14:45,600
because this lives in the video forever
13050
07:14:45,600 --> 07:14:47,440
and if you get there and it's not there
13051
07:14:47,440 --> 07:14:48,878
then you know don't get upset. All
13052
07:14:48,878 --> 07:14:52,000
right, back to the video. Let's say you
13053
07:14:52,000 --> 07:14:53,440
have a reason why you haven't taken
13054
07:14:53,440 --> 07:14:55,440
action, whatever that is, right? Just
13055
07:14:55,440 --> 07:14:56,878
imagine in your mind like it's some
13056
07:14:56,878 --> 07:14:58,878
visual thing. Realistically, it's
13057
07:14:58,878 --> 07:15:01,840
probably one or two voices in your head
13058
07:15:01,840 --> 07:15:03,520
and you can probably think about whose
13059
07:15:03,520 --> 07:15:05,520
voice that is and it might not be yours.
13060
07:15:05,520 --> 07:15:08,160
And so, who is the person that you're
13061
07:15:08,160 --> 07:15:09,920
choosing to not live your entire life
13062
07:15:09,920 --> 07:15:11,920
for? Whose judgment do you care that
13063
07:15:11,920 --> 07:15:13,520
much about? And so I will tell you the
13064
07:15:13,520 --> 07:15:16,638
story. I almost didn't sell Gym Launch
13065
07:15:16,638 --> 07:15:18,958
because I thought that $46 million was
13066
07:15:18,958 --> 07:15:21,280
not enough to impress a specific
13067
07:15:21,280 --> 07:15:23,760
colleague of mine. Real talk. I was very
13068
07:15:23,760 --> 07:15:25,600
very hesitant to sell the company. And
13069
07:15:25,600 --> 07:15:26,878
the main reason is cuz I thought that
13070
07:15:26,878 --> 07:15:28,160
they would think that that wasn't that
13071
07:15:28,160 --> 07:15:29,920
that impressive. And when I thought
13072
07:15:29,920 --> 07:15:32,320
about that, I was like, "Wow." I was
13073
07:15:32,320 --> 07:15:34,160
like, and this is this wasn't family.
13074
07:15:34,160 --> 07:15:36,320
This wasn't friends. This was just kind
13075
07:15:36,320 --> 07:15:38,718
of a colleague that I respected. when I
13076
07:15:38,718 --> 07:15:40,718
was able to really listen to the voice,
13077
07:15:40,718 --> 07:15:43,120
whose voice does this belong to and what
13078
07:15:43,120 --> 07:15:45,520
are they saying? And most importantly,
13079
07:15:45,520 --> 07:15:47,280
is that the person who I want to give
13080
07:15:47,280 --> 07:15:49,520
control over my entire life? And once I
13081
07:15:49,520 --> 07:15:50,638
saw that, I was like, well, that's
13082
07:15:50,638 --> 07:15:52,718
ridiculous. I don't care about this.
13083
07:15:52,718 --> 07:15:54,400
They're usually subconscious. Like, you
13084
07:15:54,400 --> 07:15:55,760
don't notice them unless you listen for
13085
07:15:55,760 --> 07:15:57,440
the voice, unless you name the voice. Am
13086
07:15:57,440 --> 07:15:59,520
I really going to let John be the reason
13087
07:15:59,520 --> 07:16:00,958
that I don't get married to this girl?
13088
07:16:00,958 --> 07:16:02,400
Is Joe really going to be the reason
13089
07:16:02,400 --> 07:16:05,040
that I don't raise my prices? Is Sarah
13090
07:16:05,040 --> 07:16:06,240
really the reason why I'm not going to
13091
07:16:06,240 --> 07:16:08,400
sell this thing? Ridiculous. But people
13092
07:16:08,400 --> 07:16:10,478
do it, myself included, every day. And
13093
07:16:10,478 --> 07:16:12,878
look, this isn't going to be easy,
13094
07:16:12,878 --> 07:16:15,040
right? Building these skills, losing
13095
07:16:15,040 --> 07:16:17,280
friends, taking bets, taking losses, you
13096
07:16:17,280 --> 07:16:19,280
might find yourself stuck and then
13097
07:16:19,280 --> 07:16:21,520
blaming your previous experiences. Which
13098
07:16:21,520 --> 07:16:25,360
is why number eight, get over yourself.
13099
07:16:25,360 --> 07:16:27,360
Everyone's childhood was difficult. Get
13100
07:16:27,360 --> 07:16:28,798
over it. And if you want to win the
13101
07:16:28,798 --> 07:16:30,400
award for hardest childhood,
13102
07:16:30,400 --> 07:16:31,680
congratulations. I'll give it to you.
13103
07:16:31,680 --> 07:16:33,280
You have the hardest childhood. You win.
13104
07:16:33,280 --> 07:16:35,600
Feel better, right? No one cares about
13105
07:16:35,600 --> 07:16:37,440
what happened to you then. only what you
13106
07:16:37,440 --> 07:16:39,360
can make happen now. And so the only
13107
07:16:39,360 --> 07:16:40,638
person that's satisfied with whatever
13108
07:16:40,638 --> 07:16:42,718
that reason is is you. And the everyone
13109
07:16:42,718 --> 07:16:45,040
else calls that reason an excuse. And at
13110
07:16:45,040 --> 07:16:46,240
the end of the day age, you want to get
13111
07:16:46,240 --> 07:16:47,760
to your life and have everyone be like,
13112
07:16:47,760 --> 07:16:49,120
you know what, he wasn't successful, but
13113
07:16:49,120 --> 07:16:50,718
he had a lot of really good reasons.
13114
07:16:50,718 --> 07:16:52,080
Wouldn't it be so much more powerful to
13115
07:16:52,080 --> 07:16:53,760
say he had all these reasons he
13116
07:16:53,760 --> 07:16:55,360
shouldn't have been successful but was
13117
07:16:55,360 --> 07:16:57,600
anyways? Like those reasons actually
13118
07:16:57,600 --> 07:16:59,600
give you even more fuel because you
13119
07:16:59,600 --> 07:17:02,478
become a stronger story to everyone
13120
07:17:02,478 --> 07:17:04,320
else. Like no one cares when the silver
13121
07:17:04,320 --> 07:17:06,718
spoon kid succeeds really. And so all of
13122
07:17:06,718 --> 07:17:08,160
the reasons that you can normally tell
13123
07:17:08,160 --> 07:17:09,840
yourself of why you shouldn't do it are
13124
07:17:09,840 --> 07:17:11,600
sometimes the best reasons of why you
13125
07:17:11,600 --> 07:17:13,440
should. If you had disadvantages, I
13126
07:17:13,440 --> 07:17:15,040
agree with you. Like you're right. It's
13127
07:17:15,040 --> 07:17:16,558
harder to be successful if this thing
13128
07:17:16,558 --> 07:17:19,200
happened to you or if you're born with X
13129
07:17:19,200 --> 07:17:21,360
or you're in this gender or this race or
13130
07:17:21,360 --> 07:17:23,280
you have this birth deformity or you
13131
07:17:23,280 --> 07:17:24,320
speak a different language or you're
13132
07:17:24,320 --> 07:17:25,920
born in a different country or you had
13133
07:17:25,920 --> 07:17:28,400
abuse, whatever. So the main point is
13134
07:17:28,400 --> 07:17:30,400
despite the disadvantage, you only have
13135
07:17:30,400 --> 07:17:32,320
one choice. What are you going to do?
13136
07:17:32,320 --> 07:17:34,160
You can take action anyway and become
13137
07:17:34,160 --> 07:17:36,160
proof to other people like you, your
13138
07:17:36,160 --> 07:17:38,320
people who were also born into your
13139
07:17:38,320 --> 07:17:39,760
situation, whether it was abuse, whether
13140
07:17:39,760 --> 07:17:41,120
it was your gender, whether it was your
13141
07:17:41,120 --> 07:17:43,360
your race, whe your country, and you can
13142
07:17:43,360 --> 07:17:45,360
prove to them or prove to yourself that
13143
07:17:45,360 --> 07:17:46,400
you can overcome it and that they can
13144
07:17:46,400 --> 07:17:48,478
overcome it too. Or you can do what the
13145
07:17:48,478 --> 07:17:50,320
vast majority of people do, is that they
13146
07:17:50,320 --> 07:17:52,320
protect their ego and blame and
13147
07:17:52,320 --> 07:17:54,160
complain. And to be clear, this is not a
13148
07:17:54,160 --> 07:17:55,600
pulpit. You can do whatever you want. I
13149
07:17:55,600 --> 07:17:57,360
support your choice. Go you. But only
13150
07:17:57,360 --> 07:17:58,400
one of those decisions is going to make
13151
07:17:58,400 --> 07:18:00,240
you better. And likely only one of those
13152
07:18:00,240 --> 07:18:01,440
decisions is going to get you closer to
13153
07:18:01,440 --> 07:18:02,638
where you want to go. Because at the end
13154
07:18:02,638 --> 07:18:04,878
of the day, here's the TLDDR. Losers
13155
07:18:04,878 --> 07:18:06,638
define themselves by what has happened
13156
07:18:06,638 --> 07:18:08,638
to them. Winners define themselves by
13157
07:18:08,638 --> 07:18:10,638
what they can make happen despite what's
13158
07:18:10,638 --> 07:18:12,080
happened to them. And so where some
13159
07:18:12,080 --> 07:18:13,680
person sees an excuse, another person
13160
07:18:13,680 --> 07:18:15,600
sees an origin story. Like you look at
13161
07:18:15,600 --> 07:18:18,080
every every champion, every hero, every
13162
07:18:18,080 --> 07:18:21,040
comic book, they all have hard pasts.
13163
07:18:21,040 --> 07:18:23,520
And so you having a hard past, whatever
13164
07:18:23,520 --> 07:18:26,160
that is for you or some disadvantage,
13165
07:18:26,160 --> 07:18:27,440
just makes you like every other
13166
07:18:27,440 --> 07:18:29,040
superhero who ends up, you know,
13167
07:18:29,040 --> 07:18:30,478
changing their lives. And I actually
13168
07:18:30,478 --> 07:18:31,920
love this. I heard this from Joe Rogan,
13169
07:18:31,920 --> 07:18:33,520
so this is not mine. Every single one of
13170
07:18:33,520 --> 07:18:35,760
us can today wake up like it's the first
13171
07:18:35,760 --> 07:18:37,600
day of a video game. Like you just like
13172
07:18:37,600 --> 07:18:39,200
got transported into this body and
13173
07:18:39,200 --> 07:18:41,120
you're like, "Okay, look around. I have
13174
07:18:41,120 --> 07:18:43,760
a wife. I have some kids. I have a job I
13175
07:18:43,760 --> 07:18:45,600
hate or I have a business I don't like
13176
07:18:45,600 --> 07:18:47,360
or I have some bet that I I have this
13177
07:18:47,360 --> 07:18:48,798
thing inside of me that I I know I can
13178
07:18:48,798 --> 07:18:50,798
do more but I'm not. you have all this
13179
07:18:50,798 --> 07:18:52,798
stuff that's around you and now you can
13180
07:18:52,798 --> 07:18:54,878
choose like everything else behind you.
13181
07:18:54,878 --> 07:18:56,320
You could just have today be your spawn
13182
07:18:56,320 --> 07:18:57,680
point. And so when you're in a video
13183
07:18:57,680 --> 07:18:59,360
game, it's easy to just forsake all that
13184
07:18:59,360 --> 07:19:00,240
stuff because you don't have this
13185
07:19:00,240 --> 07:19:01,680
emotional connection to it. But the
13186
07:19:01,680 --> 07:19:03,040
thing is is that like the action needs
13187
07:19:03,040 --> 07:19:04,558
to be taken either way. So whatever
13188
07:19:04,558 --> 07:19:06,000
frame of mind you need to be in in order
13189
07:19:06,000 --> 07:19:07,920
to do it, then do that. All right. So
13190
07:19:07,920 --> 07:19:09,200
once we have this head trash out of the
13191
07:19:09,200 --> 07:19:10,878
way, then we have to get back to back to
13192
07:19:10,878 --> 07:19:12,638
business, if you will. So what's the
13193
07:19:12,638 --> 07:19:14,080
next thing that we have to do? We have
13194
07:19:14,080 --> 07:19:16,878
to solve bigger problems.
13195
07:19:16,878 --> 07:19:18,478
If you want to make more money in your
13196
07:19:18,478 --> 07:19:20,878
20s and 30s, solve bigger problems.
13197
07:19:20,878 --> 07:19:22,160
Right? If you want to make a million
13198
07:19:22,160 --> 07:19:23,360
dollars, you have to be willing to
13199
07:19:23,360 --> 07:19:25,520
endure a million dollars worth of pain.
13200
07:19:25,520 --> 07:19:26,958
If you want to make $10 million, you
13201
07:19:26,958 --> 07:19:28,478
have to endure $10 million worth of
13202
07:19:28,478 --> 07:19:30,080
pain. And here's the thing is that most
13203
07:19:30,080 --> 07:19:31,600
people have never endured that. And so
13204
07:19:31,600 --> 07:19:32,878
when they start getting into it, the
13205
07:19:32,878 --> 07:19:34,320
thing is is that the nature of the pain
13206
07:19:34,320 --> 07:19:36,400
changes. And so in the beginning, the
13207
07:19:36,400 --> 07:19:38,160
pain is I don't know what I'm doing.
13208
07:19:38,160 --> 07:19:40,718
Later the pain is people judging me. And
13209
07:19:40,718 --> 07:19:43,440
later the pain is lawsuits. And a lot of
13210
07:19:43,440 --> 07:19:45,120
the pain is just not knowing what the
13211
07:19:45,120 --> 07:19:46,478
hell you're doing at whatever stage of
13212
07:19:46,478 --> 07:19:48,000
business you're at because that never
13213
07:19:48,000 --> 07:19:51,200
goes away. And so not knowing is a
13214
07:19:51,200 --> 07:19:53,440
constant. So trying to solve for not
13215
07:19:53,440 --> 07:19:55,760
knowing is silly cuz it's never going to
13216
07:19:55,760 --> 07:19:57,120
happen. And so this is why you have to
13217
07:19:57,120 --> 07:19:58,478
get comfortable with uncertainty. You
13218
07:19:58,478 --> 07:20:00,000
have to make uncertainty your friend. If
13219
07:20:00,000 --> 07:20:02,160
we're going to solve problems, right, we
13220
07:20:02,160 --> 07:20:03,680
might as well pick big ones. And I'll
13221
07:20:03,680 --> 07:20:05,360
give you a great a great analogy that I
13222
07:20:05,360 --> 07:20:06,478
got from Steven Schwarzman who's the
13223
07:20:06,478 --> 07:20:08,798
founder of Blackstone. He said big goals
13224
07:20:08,798 --> 07:20:10,878
and small goals are usually just about
13225
07:20:10,878 --> 07:20:13,120
as hard. A common VC saying is that
13226
07:20:13,120 --> 07:20:14,638
having a really successful restaurant,
13227
07:20:14,638 --> 07:20:16,400
you might have to work 80 hours a week
13228
07:20:16,400 --> 07:20:18,000
and manage all these different people to
13229
07:20:18,000 --> 07:20:19,040
have a really successful local
13230
07:20:19,040 --> 07:20:21,760
restaurant. And you might also have to
13231
07:20:21,760 --> 07:20:23,920
manage all these people and do all this
13232
07:20:23,920 --> 07:20:25,440
other stuff if you want to build a
13233
07:20:25,440 --> 07:20:27,040
billion-dollar unicorn. Both of those
13234
07:20:27,040 --> 07:20:28,958
things are hard. And so if it's going to
13235
07:20:28,958 --> 07:20:31,280
be hard regardless, you might as well go
13236
07:20:31,280 --> 07:20:33,040
big. And actually, it's been a very like
13237
07:20:33,040 --> 07:20:34,478
that is a very helpful frame for me
13238
07:20:34,478 --> 07:20:35,760
because one of the beliefs that I have
13239
07:20:35,760 --> 07:20:37,280
about business and life is that
13240
07:20:37,280 --> 07:20:39,520
suffering is a constant. Like I have to
13241
07:20:39,520 --> 07:20:41,120
remind myself this on a regular basis,
13242
07:20:41,120 --> 07:20:43,680
which is that if we are growing, I am in
13243
07:20:43,680 --> 07:20:46,000
pain. If we're plateaued, I am in pain.
13244
07:20:46,000 --> 07:20:48,000
And if we are declining, I'm in pain.
13245
07:20:48,000 --> 07:20:49,680
Which means that I am pretty much always
13246
07:20:49,680 --> 07:20:51,360
in pain. And so to think that there's
13247
07:20:51,360 --> 07:20:53,760
something wrong with pain misses the
13248
07:20:53,760 --> 07:20:55,920
point of how this works. It is a
13249
07:20:55,920 --> 07:20:57,360
constant. And if it's a constant, we
13250
07:20:57,360 --> 07:20:58,718
don't even need to think about it. It
13251
07:20:58,718 --> 07:21:00,000
shouldn't be a reason to do something or
13252
07:21:00,000 --> 07:21:01,440
not do something cuz it's just always
13253
07:21:01,440 --> 07:21:03,360
there. Competition for big goals,
13254
07:21:03,360 --> 07:21:04,558
believe it or not, is actually much
13255
07:21:04,558 --> 07:21:06,638
rarer. It's thinner air. People believe
13256
07:21:06,638 --> 07:21:08,958
that it's so unrealistic that they don't
13257
07:21:08,958 --> 07:21:10,718
shoot for it, which actually makes fewer
13258
07:21:10,718 --> 07:21:12,478
people there to compete against. And so,
13259
07:21:12,478 --> 07:21:14,320
it is probably harder in some ways to
13260
07:21:14,320 --> 07:21:16,080
have a local restaurant that is really
13261
07:21:16,080 --> 07:21:18,878
successful than it is to have a, you
13262
07:21:18,878 --> 07:21:20,798
know, big business. And what I found is
13263
07:21:20,798 --> 07:21:23,360
that most problems are solvable, which
13264
07:21:23,360 --> 07:21:25,440
means that most things are knowable. And
13265
07:21:25,440 --> 07:21:28,080
the reason that you probably haven't
13266
07:21:28,080 --> 07:21:29,680
gotten to where you want to go is cuz
13267
07:21:29,680 --> 07:21:31,600
you haven't actually started trying it.
13268
07:21:31,600 --> 07:21:32,878
And so, you're going to have to be
13269
07:21:32,878 --> 07:21:34,878
obsessive about it. And I think one of
13270
07:21:34,878 --> 07:21:36,000
the big things that I didn't understand
13271
07:21:36,000 --> 07:21:37,840
was just how obsessive I was going to
13272
07:21:37,840 --> 07:21:41,040
have to be. Is normal to not be like
13273
07:21:41,040 --> 07:21:42,878
your other normal friends. If you want
13274
07:21:42,878 --> 07:21:45,280
to have extraordinary outcomes, if you
13275
07:21:45,280 --> 07:21:46,400
think about the reverse, it wouldn't
13276
07:21:46,400 --> 07:21:48,160
make sense if we do the same things as
13277
07:21:48,160 --> 07:21:49,360
our normal friends and somehow get
13278
07:21:49,360 --> 07:21:50,558
something different. It's a positive
13279
07:21:50,558 --> 07:21:52,958
indicator. It's a green flag that you're
13280
07:21:52,958 --> 07:21:54,400
living a different life than everyone
13281
07:21:54,400 --> 07:21:55,760
around you. Like I had a conversation
13282
07:21:55,760 --> 07:21:57,120
with my EAS this morning. They were
13283
07:21:57,120 --> 07:21:58,958
like, "Man, I feel like if you were a
13284
07:21:58,958 --> 07:22:00,160
normal person," that's what they said to
13285
07:22:00,160 --> 07:22:00,958
me. They're like, "I feel like if you
13286
07:22:00,958 --> 07:22:02,718
were a normal person, you would drive
13287
07:22:02,718 --> 07:22:04,240
this kind of car." I like looked at them
13288
07:22:04,240 --> 07:22:06,320
and I was like, "So basically, if I were
13289
07:22:06,320 --> 07:22:08,638
not me, I would do things that not me
13290
07:22:08,638 --> 07:22:10,958
would do. Right now, it would make sense
13291
07:22:10,958 --> 07:22:12,558
that you're going to do things that
13292
07:22:12,558 --> 07:22:14,798
normal people won't do because you're
13293
07:22:14,798 --> 07:22:16,400
trying to not have the same outcome as
13294
07:22:16,400 --> 07:22:20,798
them." 10. Obsession is the ticket of
13295
07:22:20,798 --> 07:22:23,120
entry. It's the price of entry. And the
13296
07:22:23,120 --> 07:22:24,638
thing is is that obsession isn't really
13297
07:22:24,638 --> 07:22:26,320
obsession. It's actually just trying and
13298
07:22:26,320 --> 07:22:28,320
no one else tries. Like that's the real
13299
07:22:28,320 --> 07:22:31,360
real is that normal people call what I
13300
07:22:31,360 --> 07:22:34,958
consider sane people to be obsessed. But
13301
07:22:34,958 --> 07:22:36,718
sane people, which is what I consider
13302
07:22:36,718 --> 07:22:39,120
myself, consider everyone else insane
13303
07:22:39,120 --> 07:22:41,280
because they do nothing and waste their
13304
07:22:41,280 --> 07:22:43,520
lives. And so we have to be comfortable
13305
07:22:43,520 --> 07:22:46,160
with reasoning from first principles of
13306
07:22:46,160 --> 07:22:47,840
like, I am only going to live here for
13307
07:22:47,840 --> 07:22:49,600
not that long and I'm only going to have
13308
07:22:49,600 --> 07:22:50,798
a certain amount of hours to do the
13309
07:22:50,798 --> 07:22:52,878
stuff that I want to do. Why on earth
13310
07:22:52,878 --> 07:22:56,000
would I not do it because of some face
13311
07:22:56,000 --> 07:22:58,478
noise that some person, some other, you
13312
07:22:58,478 --> 07:23:01,600
know, advanced ape is going to say to me
13313
07:23:01,600 --> 07:23:04,160
about them having a preference about how
13314
07:23:04,160 --> 07:23:06,798
I'm living my life. And so you can boil
13315
07:23:06,798 --> 07:23:10,000
almost all insults or judgments down to
13316
07:23:10,000 --> 07:23:11,600
this statement. And I think like I hear
13317
07:23:11,600 --> 07:23:13,440
this, I translate it when I hear hate.
13318
07:23:13,440 --> 07:23:14,718
You do not live your life in a way that
13319
07:23:14,718 --> 07:23:16,160
I would prefer. So they're like, you
13320
07:23:16,160 --> 07:23:17,680
know, you shouldn't. I do not live my
13321
07:23:17,680 --> 07:23:18,878
life in a way that you would prefer. And
13322
07:23:18,878 --> 07:23:20,160
that's okay because that's why you live
13323
07:23:20,160 --> 07:23:22,160
a life that you prefer and not a life
13324
07:23:22,160 --> 07:23:23,360
that I would prefer. And that's why you
13325
07:23:23,360 --> 07:23:24,958
live your life and I live my life. And
13326
07:23:24,958 --> 07:23:27,120
so people just get so triggered by this.
13327
07:23:27,120 --> 07:23:29,440
So when people hate on you, it usually
13328
07:23:29,440 --> 07:23:31,120
means that they're jealous and believe
13329
07:23:31,120 --> 07:23:33,520
that you are undeserving of some part of
13330
07:23:33,520 --> 07:23:35,280
your life. And so to be clear, it's not
13331
07:23:35,280 --> 07:23:36,878
that they're jealous of your whole life.
13332
07:23:36,878 --> 07:23:38,240
They might be jealous of the attention
13333
07:23:38,240 --> 07:23:40,478
you get. They might be jealous of maybe
13334
07:23:40,478 --> 07:23:41,600
just the money you make, but not the way
13335
07:23:41,600 --> 07:23:42,798
you look. Or they might be jealous of
13336
07:23:42,798 --> 07:23:44,558
the the body you have, right? And
13337
07:23:44,558 --> 07:23:45,600
they're going to be like, "Ah, you're
13338
07:23:45,600 --> 07:23:47,200
chewing to that food, right?" Or, you
13339
07:23:47,200 --> 07:23:48,798
know, "You work too much." or whatever
13340
07:23:48,798 --> 07:23:50,638
the whatever the little snide remark is,
13341
07:23:50,638 --> 07:23:52,638
right? But what they basically think is
13342
07:23:52,638 --> 07:23:55,040
that life has unjustly given you the
13343
07:23:55,040 --> 07:23:56,878
benefits that they believe they
13344
07:23:56,878 --> 07:23:58,958
rightfully deserve. And they might be
13345
07:23:58,958 --> 07:24:00,718
right, but life isn't fair. Here's the
13346
07:24:00,718 --> 07:24:03,200
thing. People who obsess about work life
13347
07:24:03,200 --> 07:24:05,680
balance are typically mediocre at both.
13348
07:24:05,680 --> 07:24:07,600
And so obsessed people apply their
13349
07:24:07,600 --> 07:24:09,680
obsession to everything and just call it
13350
07:24:09,680 --> 07:24:10,958
life. And they also don't consider
13351
07:24:10,958 --> 07:24:12,878
themselves obsessed. They just consider
13352
07:24:12,878 --> 07:24:15,760
everyone else unobsessed and just plain
13353
07:24:15,760 --> 07:24:17,840
and banal. And so I get criticized all
13354
07:24:17,840 --> 07:24:19,200
the time for work life balance. People
13355
07:24:19,200 --> 07:24:20,478
say like, Alex, you don't have any
13356
07:24:20,478 --> 07:24:22,400
hobbies, right? I don't want any. I
13357
07:24:22,400 --> 07:24:23,760
don't want any. They're basically saying
13358
07:24:23,760 --> 07:24:25,280
yet again, you live your life in a way
13359
07:24:25,280 --> 07:24:26,958
that I would not prefer. If I were in
13360
07:24:26,958 --> 07:24:27,840
your position, I would live life
13361
07:24:27,840 --> 07:24:28,638
differently, right? And that's why
13362
07:24:28,638 --> 07:24:30,160
you're not in my position. So why should
13363
07:24:30,160 --> 07:24:31,760
I sacrifice the things that I prefer to
13364
07:24:31,760 --> 07:24:33,040
do in order to do the things that I
13365
07:24:33,040 --> 07:24:34,558
don't want to do, right? Just to make
13366
07:24:34,558 --> 07:24:35,920
your definition of work life balance
13367
07:24:35,920 --> 07:24:37,680
happy, which I don't accept. So like
13368
07:24:37,680 --> 07:24:40,160
work life balance is a wonderful goal. I
13369
07:24:40,160 --> 07:24:41,600
have no hate for it. It's not going to
13370
07:24:41,600 --> 07:24:43,280
happen if you want to be the best. Like
13371
07:24:43,280 --> 07:24:44,320
you've probably heard the, you know,
13372
07:24:44,320 --> 07:24:47,040
work smart not hard, right? That only
13373
07:24:47,040 --> 07:24:48,958
works when you're competing against
13374
07:24:48,958 --> 07:24:51,120
people who are not smart. If you compete
13375
07:24:51,120 --> 07:24:52,638
against other smart people, the only
13376
07:24:52,638 --> 07:24:54,080
thing you will have left is to work
13377
07:24:54,080 --> 07:24:56,000
hard. If you work smart, not hard, you
13378
07:24:56,000 --> 07:24:57,440
will get beaten by someone who works
13379
07:24:57,440 --> 07:24:59,120
smart and hard. And if I don't know
13380
07:24:59,120 --> 07:25:00,878
about you, I would rather be that person
13381
07:25:00,878 --> 07:25:02,320
cuz at the end of the day, I would like
13382
07:25:02,320 --> 07:25:04,718
to just win. And that is point 11, which
13383
07:25:04,718 --> 07:25:07,840
is work hard and smart. If you
13384
07:25:07,840 --> 07:25:09,680
extrapolate out what a normal life is
13385
07:25:09,680 --> 07:25:11,840
like, right? Maybe someone makes, you
13386
07:25:11,840 --> 07:25:13,280
know, a million dollars or $2 million
13387
07:25:13,280 --> 07:25:14,638
over the span of their entire career,
13388
07:25:14,638 --> 07:25:16,400
right? 40 years plus. I think there is
13389
07:25:16,400 --> 07:25:17,760
just a certain amount of work that must
13390
07:25:17,760 --> 07:25:19,360
be done to generate income. And so what
13391
07:25:19,360 --> 07:25:20,958
I would rather do is just take that 40
13392
07:25:20,958 --> 07:25:23,520
years and just cram it into four and
13393
07:25:23,520 --> 07:25:26,080
then have the other 36 years of my life
13394
07:25:26,080 --> 07:25:28,478
to do whatever I want with resources far
13395
07:25:28,478 --> 07:25:30,240
beyond what I would be able to do there.
13396
07:25:30,240 --> 07:25:33,760
And so I remember Ila uh had this very
13397
07:25:33,760 --> 07:25:35,120
early conversation with I think it was
13398
07:25:35,120 --> 07:25:36,558
our first date. She said she's like I
13399
07:25:36,558 --> 07:25:37,840
just want to help people, right? It's
13400
07:25:37,840 --> 07:25:39,200
like that was her whole thing. And I was
13401
07:25:39,200 --> 07:25:40,718
like do you think it'd be possible for
13402
07:25:40,718 --> 07:25:42,558
you to help people and to make money?
13403
07:25:42,558 --> 07:25:44,160
And she was like well yeah. And I was
13404
07:25:44,160 --> 07:25:45,680
like, "Okay, do you think you could help
13405
07:25:45,680 --> 07:25:48,080
more people if you made more money?" And
13406
07:25:48,080 --> 07:25:50,160
she was like, "Yeah." And in that
13407
07:25:50,160 --> 07:25:51,440
conversation, she shifted from being
13408
07:25:51,440 --> 07:25:53,120
what I would consider a bleeding heart
13409
07:25:53,120 --> 07:25:55,440
of just like doing everything like just
13410
07:25:55,440 --> 07:25:57,120
trying to just just help every single
13411
07:25:57,120 --> 07:25:58,400
person. But the thing is is you're li
13412
07:25:58,400 --> 07:26:00,478
your resources are so limited. You can't
13413
07:26:00,478 --> 07:26:02,638
do much. And so if you want to help a
13414
07:26:02,638 --> 07:26:03,680
lot of people, it's like you got to
13415
07:26:03,680 --> 07:26:05,200
learn the game. And the thing is to win
13416
07:26:05,200 --> 07:26:06,320
that game, it's like you probably have
13417
07:26:06,320 --> 07:26:08,080
to outwork people, a lot of people. And
13418
07:26:08,080 --> 07:26:10,080
you have to be called names by people
13419
07:26:10,080 --> 07:26:11,920
who live lives that you don't like. I
13420
07:26:11,920 --> 07:26:13,600
want to be very clear about this. When I
13421
07:26:13,600 --> 07:26:15,840
say work hard and smart, it doesn't mean
13422
07:26:15,840 --> 07:26:19,040
it's going to be exciting. So 12 here is
13423
07:26:19,040 --> 07:26:21,440
accept boredom.
13424
07:26:21,440 --> 07:26:23,520
Like if you want to be creative, you
13425
07:26:23,520 --> 07:26:25,280
must first learn to be bored. If you
13426
07:26:25,280 --> 07:26:27,040
want to achieve a goal, you'll either
13427
07:26:27,040 --> 07:26:29,120
have to accept boredom or pain. And the
13428
07:26:29,120 --> 07:26:30,718
bigger the goal, the more of both you're
13429
07:26:30,718 --> 07:26:32,478
going to get. I have this great visual
13430
07:26:32,478 --> 07:26:34,718
in my head about how winning works,
13431
07:26:34,718 --> 07:26:36,320
right? And so you imagine you have this
13432
07:26:36,320 --> 07:26:37,680
this marathon, right, that you're
13433
07:26:37,680 --> 07:26:39,200
running. So you've got this starting
13434
07:26:39,200 --> 07:26:41,200
line here, right? Start. And then you've
13435
07:26:41,200 --> 07:26:43,440
got this big race, right? And then
13436
07:26:43,440 --> 07:26:44,798
you've got a finish line over here.
13437
07:26:44,798 --> 07:26:47,040
Tada. Finish. Now, when you've seen a
13438
07:26:47,040 --> 07:26:49,040
race, where do people gather? They
13439
07:26:49,040 --> 07:26:51,360
gather here. And they gather here. So,
13440
07:26:51,360 --> 07:26:52,958
here's the question. Where does the
13441
07:26:52,958 --> 07:26:55,280
winning happen? On your own. Cuz no one
13442
07:26:55,280 --> 07:26:58,080
cheers for you not drinking for a day or
13443
07:26:58,080 --> 07:26:59,760
not smoking, you know, on a lawn drive
13444
07:26:59,760 --> 07:27:00,958
if you're trying to quit or not
13445
07:27:00,958 --> 07:27:02,718
overeating for one night or skipping out
13446
07:27:02,718 --> 07:27:04,638
on going to the club with the boys. No
13447
07:27:04,638 --> 07:27:07,600
one cheers for that. No workout or meal
13448
07:27:07,600 --> 07:27:10,240
is ever impressive on its own. And so
13449
07:27:10,240 --> 07:27:11,840
the reason so few people understand
13450
07:27:11,840 --> 07:27:13,360
success or at least achieve it in my
13451
07:27:13,360 --> 07:27:15,440
opinion is that consistency never looks
13452
07:27:15,440 --> 07:27:17,200
impressive in the moment only at the
13453
07:27:17,200 --> 07:27:18,398
end. Because if you think about how
13454
07:27:18,398 --> 07:27:20,398
consist like it's very difficult to
13455
07:27:20,398 --> 07:27:22,320
visualize consistency because you can
13456
07:27:22,320 --> 07:27:24,398
only see someone do something once,
13457
07:27:24,398 --> 07:27:26,080
right? You see a snapshot of someone
13458
07:27:26,080 --> 07:27:29,120
take a shot or hit a backhand. The only
13459
07:27:29,120 --> 07:27:30,958
way that you can actually witness
13460
07:27:30,958 --> 07:27:33,440
consistency is working with people who
13461
07:27:33,440 --> 07:27:35,600
are consistent. Because the thing that
13462
07:27:35,600 --> 07:27:37,360
you have to see is that person show up
13463
07:27:37,360 --> 07:27:38,798
every single day. Like someone could
13464
07:27:38,798 --> 07:27:40,718
show a workout of me working out and
13465
07:27:40,718 --> 07:27:42,478
someone else might be like, "Okay, well,
13466
07:27:42,478 --> 07:27:44,000
I mean that's a workout. Maybe I should
13467
07:27:44,000 --> 07:27:45,120
kind of work out like that." And sure,
13468
07:27:45,120 --> 07:27:46,320
there's a level of intensity that might
13469
07:27:46,320 --> 07:27:47,840
be there or form and things like that,
13470
07:27:47,840 --> 07:27:49,280
whatever. But the thing that people
13471
07:27:49,280 --> 07:27:51,040
won't see is it's very hard to witness
13472
07:27:51,040 --> 07:27:53,120
20 years cuz you have to be there for 20
13473
07:27:53,120 --> 07:27:54,718
years. And this is why I think so few
13474
07:27:54,718 --> 07:27:56,558
people are able to internalize
13475
07:27:56,558 --> 07:27:58,478
consistency, which is the most important
13476
07:27:58,478 --> 07:28:00,240
success trait, because it's very hard to
13477
07:28:00,240 --> 07:28:02,080
lose if you show up every day. It's very
13478
07:28:02,080 --> 07:28:04,240
hard. And showing up every day is
13479
07:28:04,240 --> 07:28:05,920
boring. And so if we're willing to
13480
07:28:05,920 --> 07:28:07,520
accept boredom, the next thing that
13481
07:28:07,520 --> 07:28:08,398
we're going to have to be willing to
13482
07:28:08,398 --> 07:28:10,798
accept is sacrifice.
13483
07:28:10,798 --> 07:28:12,638
We have to give up some things to get
13484
07:28:12,638 --> 07:28:14,160
others. And so like at the end of the
13485
07:28:14,160 --> 07:28:16,320
day, like all we have are trade-offs. We
13486
07:28:16,320 --> 07:28:18,080
have what we have and what we want. And
13487
07:28:18,080 --> 07:28:19,200
the question is, what are the things
13488
07:28:19,200 --> 07:28:20,558
that you currently have? Are you willing
13489
07:28:20,558 --> 07:28:22,080
to trade for the things you want? And I
13490
07:28:22,080 --> 07:28:23,280
think this such a perfect way of
13491
07:28:23,280 --> 07:28:25,200
thinking about it. Like you have
13492
07:28:25,200 --> 07:28:26,718
everything in your life right now that
13493
07:28:26,718 --> 07:28:28,080
you're going to have to trade. Like
13494
07:28:28,080 --> 07:28:29,680
everyone trades. Everyone starts even
13495
07:28:29,680 --> 07:28:31,360
when you had at zero. You have things in
13496
07:28:31,360 --> 07:28:33,040
your life and you have to trade those
13497
07:28:33,040 --> 07:28:35,120
things for things that you currently
13498
07:28:35,120 --> 07:28:37,040
want but don't have. There's no perfect
13499
07:28:37,040 --> 07:28:39,280
way to live your 20s or your 30s, right?
13500
07:28:39,280 --> 07:28:40,878
You either live them up and become an
13501
07:28:40,878 --> 07:28:42,638
underskilled 30 or 40-year-old or you
13502
07:28:42,638 --> 07:28:45,120
work them up and become an underlived 30
13503
07:28:45,120 --> 07:28:46,478
or 40-year-old. You just have to figure
13504
07:28:46,478 --> 07:28:48,398
out which you'd rather be and accept the
13505
07:28:48,398 --> 07:28:49,760
trade-offs and know that there are no
13506
07:28:49,760 --> 07:28:51,920
doovers. And that's okay. And when we're
13507
07:28:51,920 --> 07:28:54,000
really thinking about sacrifice right
13508
07:28:54,000 --> 07:28:56,638
now, no human will ever get more than 24
13509
07:28:56,638 --> 07:28:58,958
hours per day. We all have that, right?
13510
07:28:58,958 --> 07:29:01,920
And so fundamentally everything that you
13511
07:29:01,920 --> 07:29:04,080
spend your time on that is not you
13512
07:29:04,080 --> 07:29:06,558
pursuing your goal you are determining
13513
07:29:06,558 --> 07:29:08,718
is more important than your goal. And so
13514
07:29:08,718 --> 07:29:10,398
if you look at what you did every single
13515
07:29:10,398 --> 07:29:12,080
one of these hours and then you actually
13516
07:29:12,080 --> 07:29:13,760
surface it and say you know what
13517
07:29:13,760 --> 07:29:16,080
watching Netflix you know doom scrolling
13518
07:29:16,080 --> 07:29:18,320
Tik Tok and Instagram hanging around
13519
07:29:18,320 --> 07:29:20,080
doing nothing surfing the web or
13520
07:29:20,080 --> 07:29:21,920
whatever it is that people do these days
13521
07:29:21,920 --> 07:29:23,920
that is what's actually more important
13522
07:29:23,920 --> 07:29:25,920
to you based on your behavior. And so,
13523
07:29:25,920 --> 07:29:28,558
is it really a sacrifice to give that up
13524
07:29:28,558 --> 07:29:30,080
for what you want? Because the thing is
13525
07:29:30,080 --> 07:29:31,280
is that a year from now, you're not
13526
07:29:31,280 --> 07:29:32,878
going to look back on today and be like,
13527
07:29:32,878 --> 07:29:35,040
"Man, I'm so glad." Like, those clips
13528
07:29:35,040 --> 07:29:36,718
that I watched really changed things for
13529
07:29:36,718 --> 07:29:38,320
me. They you probably won't even
13530
07:29:38,320 --> 07:29:40,398
remember any of the clips that you saw.
13531
07:29:40,398 --> 07:29:41,760
They did a great research study on this
13532
07:29:41,760 --> 07:29:43,360
where they did short form versus long
13533
07:29:43,360 --> 07:29:46,958
form even and people remember like 11%.
13534
07:29:46,958 --> 07:29:49,360
Like 24 hours later, it was a tiny
13535
07:29:49,360 --> 07:29:51,520
percentage. And so we have to accept
13536
07:29:51,520 --> 07:29:53,360
that the things that we spending our
13537
07:29:53,360 --> 07:29:55,680
time on most of the time is just wasting
13538
07:29:55,680 --> 07:29:57,840
our time on. And so I think Senica said
13539
07:29:57,840 --> 07:29:59,520
this, it's not that we don't have enough
13540
07:29:59,520 --> 07:30:01,200
time, it's that we waste the time we
13541
07:30:01,200 --> 07:30:03,200
have. I come back to this which is like
13542
07:30:03,200 --> 07:30:05,680
is it really a sacrifice or you finally
13543
07:30:05,680 --> 07:30:08,000
just saying I believe this is my
13544
07:30:08,000 --> 07:30:09,920
priority and therefore all of these
13545
07:30:09,920 --> 07:30:11,440
things that are not helping me pursue
13546
07:30:11,440 --> 07:30:13,680
that I'm now going to trade out for
13547
07:30:13,680 --> 07:30:14,958
things that will help me get this
13548
07:30:14,958 --> 07:30:17,360
priority. That's it. And to me, if you
13549
07:30:17,360 --> 07:30:18,638
like what you're going to get, why would
13550
07:30:18,638 --> 07:30:20,000
you not make the trade? And so I had
13551
07:30:20,000 --> 07:30:22,080
this clip that went super viral from a
13552
07:30:22,080 --> 07:30:23,520
podcast that I did yesterday. And the
13553
07:30:23,520 --> 07:30:25,600
host asked me, "If all my books and all
13554
07:30:25,600 --> 07:30:27,680
my tweets and all my emails and all my
13555
07:30:27,680 --> 07:30:29,360
YouTube videos were all deleted and I
13556
07:30:29,360 --> 07:30:32,398
had to compress all of my stuff uh into
13557
07:30:32,398 --> 07:30:34,558
into 60 seconds, what would I say for
13558
07:30:34,558 --> 07:30:36,080
somebody who's in their 20s and 30s?"
13559
07:30:36,080 --> 07:30:37,760
This is what I said. Figure out what you
13560
07:30:37,760 --> 07:30:39,920
want. Ignore the opinions of others and
13561
07:30:39,920 --> 07:30:41,520
do so much volume that it would be
13562
07:30:41,520 --> 07:30:45,040
unreasonable to not be successful.1007767
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