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Subtitles

00:00:03
Alex hermosi welcome to the show
00:00:06
thank you for having me dude I cannot be
00:00:08
more excited so I want to Dive Right In
00:00:11
if somebody is starting from scratch
00:00:13
what are the traits skill sets that they
00:00:16
should be cultivating in order to up the
00:00:18
odds of their success
00:00:20
they should focus on one thing in
00:00:23
general rather than lots of different
00:00:24
things that you're not sure about
00:00:25
because if you're starting out
00:00:26
everything looks like an opportunity so
00:00:28
the correct answer is all of them are
00:00:30
opportunities but all of them won't work
00:00:32
unless you pick one right so you have to
00:00:34
say no to all the other Mistresses so
00:00:35
boom you pick one and then from there I
00:00:37
always say six figures is sell something
00:00:40
to someone that's it and if you want
00:00:42
more detail sell something to someone so
00:00:44
it's one Avatar one product one channel
00:00:45
so you don't have to figure out how do I
00:00:47
create 20 pieces of content across it's
00:00:49
like
00:00:50
just pick one channel one media Source
00:00:52
whether it's Facebook Instagram YouTube
00:00:54
you know whatever Twitter consistently
00:00:56
start going on that whether that's cold
00:00:58
outbound whether that's content whether
00:00:59
it's running paid ads whether it's
00:01:01
Affiliates Word of Mouth whatever it is
00:01:04
um start reaching out to people there to
00:01:05
start selling your stuff and so if you
00:01:07
can just do that consistently and I use
00:01:09
something all right what's the skill set
00:01:11
that's going to make somebody good and
00:01:12
this is six figures still yeah so what's
00:01:15
the skill set in that is it getting good
00:01:17
at the outbound is it good and good at
00:01:19
saying no to the other stuff like how do
00:01:21
we translate that into a skill set you
00:01:23
have to learn how to advertise which I
00:01:25
Define is the process of making known so
00:01:27
how do you let other people know about
00:01:29
the stuff you sell so you have to
00:01:30
advertise there's six ways to do it I
00:01:31
covered five just now so there's there's
00:01:33
six ways you can do it and then once
00:01:35
people engage with whatever
00:01:36
advertisement you have you have to sell
00:01:38
them so advertising is the first skill
00:01:40
selling them is the second skill and
00:01:42
then product would be the third skill
00:01:43
which is the thing that you're
00:01:44
ultimately advertising and selling okay
00:01:46
so that gets us six figures what gets a
00:01:48
seven doing the same thing consistently
00:01:51
so usually once people do it in the
00:01:53
beginning they're sporadic they're not
00:01:54
consistent with it just the act of doing
00:01:56
the same thing every day usually gets
00:01:58
people to
00:01:59
100 000 a month which sounds crazy it's
00:02:00
probably people listening but most
00:02:02
people who think that's crazy also
00:02:03
haven't done it consistently for an
00:02:04
extended period of time and so I use
00:02:06
something that I call the rule 100 which
00:02:09
is 100 primary actions whether that's
00:02:11
100 minutes of of content creation per
00:02:13
day 100 reach outs per day uh 100 of AD
00:02:17
spend per day uh like you have to pick
00:02:19
one of them but 100 per day and you do
00:02:21
that for 100 days and I promise you'll
00:02:23
have you'll be making six figures if you
00:02:25
do that
00:02:26
most people won't yeah I know you know
00:02:29
that they will fail at something what is
00:02:32
the most common thing that you see
00:02:35
people fail so you give them the
00:02:37
blueprint your ability to articulate a
00:02:39
blueprint to success is insane
00:02:42
legitimately insane dude when I so I'm
00:02:45
gonna make a prediction right now five
00:02:46
years from now in this space you will be
00:02:49
one of the biggest people on social
00:02:50
media 100 guaranteed YouTube podcast
00:02:52
whatever because your advice is real and
00:02:55
I said I I was about to tell you
00:02:56
something and I said I'm going to say it
00:02:57
on camera and I will tell you right now
00:02:59
I judge everybody that comes on the show
00:03:02
by when I'm doing the research to bring
00:03:04
you on which is a way bigger time
00:03:05
investment than the interview itself did
00:03:08
I actually learn something did I move
00:03:10
forward did I enjoy myself dude it was
00:03:13
awesome researching you was awesome it
00:03:15
was good for the business it was good
00:03:16
for the soul good for the mindset
00:03:18
everything so this is going to be
00:03:20
incredible
00:03:21
but where do people fall down because
00:03:23
most people even knowing how articulate
00:03:26
you are and know that people are still
00:03:28
going to fail is crazy and I know that
00:03:32
most people are going to fail so where
00:03:33
where do people really struggle in that
00:03:36
equation
00:03:37
I think it's fear mostly
00:03:40
um I know that's not a skill but I think
00:03:42
it's a character trait and so people are
00:03:43
afraid of Val you know not getting
00:03:45
validated or they're afraid of judgment
00:03:47
that they perceive from other people
00:03:48
that exist or don't exist in their lives
00:03:50
um and so for whatever reason they have
00:03:53
this second voice that criticizes
00:03:55
everything they do that in reality isn't
00:03:57
even there but it's constantly present
00:03:59
it's like the antithesis of whatever the
00:04:01
god figure is but just the negative
00:04:02
voice and so I think that's the thing
00:04:04
that stops most people from doing the
00:04:06
stuff they know they need to do because
00:04:07
if you think about like whether it's
00:04:09
want to get in shape or I want to have a
00:04:10
better marriage or I want to make more
00:04:11
money most people on some level at a
00:04:13
basic level they know what to do and my
00:04:15
proof point of like even making money
00:04:17
right most of us have had a bill that
00:04:19
came up that was unexpected a tax bill a
00:04:21
car breaks down a health thing whatever
00:04:23
it is and we find a way and so when it's
00:04:26
for someone else
00:04:28
people are will use the actual
00:04:30
resourcefulness that they have to make
00:04:32
the money but for whatever reason they
00:04:33
won't use that same resourcefulness to
00:04:34
make it for themselves and so I think
00:04:36
that most people know if they want to
00:04:38
work out uh start to get in shape or to
00:04:40
lose weight whatever they know they need
00:04:41
to eat fewer donuts and move more in
00:04:43
general but they don't right because
00:04:45
they're afraid of getting started or
00:04:47
they don't have the discipline to keep
00:04:49
going which is they can't make the
00:04:50
short-term sacrifice for the long-term
00:04:51
achievement so big picture it's like
00:04:53
there's usually some fear that's
00:04:54
preventing from doing it and then how it
00:04:56
looks from a behavioral standpoint is
00:04:57
they do not make the short-term
00:05:00
sacrifice of discomfort for the
00:05:01
long-term achievement independent of
00:05:03
whatever path they're talking about
00:05:05
you guys are going to want to say to the
00:05:06
end I'm going to give you my favorite
00:05:07
Alex quote but now I'm going to give you
00:05:09
one that I actually think pertains to
00:05:11
this so you said how to stay poor assume
00:05:14
you're always right yeah and when I
00:05:17
think about people failing it's because
00:05:19
in fact there's another quote this one I
00:05:21
didn't write down but I'm going to get
00:05:22
close
00:05:23
marketing is just a fancy nine-letter
00:05:25
word for test
00:05:26
and
00:05:28
once people understand you're going to
00:05:30
fail and you're going to fail a lot if
00:05:32
you can't deal with that failure yeah if
00:05:34
you think that failing makes you a
00:05:36
failure if you think that it's a
00:05:38
permanent state of being and you're
00:05:39
never going to get better then you won't
00:05:40
do the things you need to do to
00:05:42
ultimately be successful you talk about
00:05:43
consistency
00:05:45
but it isn't just consistency because if
00:05:47
you do it wrong yeah consistently you're
00:05:50
still going to fail right so this is you
00:05:52
have to be in my own language willing to
00:05:54
stare nakedly at your inadequacies yeah
00:05:56
and if you can stare nakedly at your
00:05:58
inadequacies then you can actually get
00:06:00
better if you're running the tests and
00:06:02
you're like hey looking at the data did
00:06:04
this work or did this not work 100 then
00:06:06
you can actually improve
00:06:07
but you went through this so in the
00:06:10
beginning of your career and this is one
00:06:12
of the things I find most interesting
00:06:14
about your story is you failed you
00:06:17
actually pulled your now wife aside and
00:06:19
said I'm a sinking ship yeah uh and if
00:06:22
you wanted to leave I would completely
00:06:24
understand yeah uh how did you go from
00:06:28
that to like there was something you
00:06:30
figured out yeah what what is that thing
00:06:33
you figured out
00:06:34
laughs
00:06:36
I think at that point
00:06:38
um
00:06:39
the the reality of my situation was so
00:06:42
Bleak that I I didn't conf I honestly
00:06:47
didn't even process the reality of my
00:06:48
situation because the more I thought
00:06:50
about it like the sadder more hopeless I
00:06:52
would feel and so I focused on the few
00:06:54
things that were under my control which
00:06:55
is like I can do these things and so
00:06:57
when I talk about advertising I want to
00:06:59
talk about selling I talk about those
00:07:01
things boiled down to the actual actions
00:07:02
because I had to think of it in that way
00:07:04
because it was the only way that it
00:07:05
wasn't overwhelming it's like I just
00:07:07
have to make a hundred reach outs or I
00:07:09
just have to spend 100 a day and I have
00:07:11
to look at the ads and I have to turn
00:07:13
off the ones that are bad and do more of
00:07:15
the stuff that starts to work
00:07:17
um and and that that was the process of
00:07:20
getting me from kind of like
00:07:22
dark to a better a better outcome but I
00:07:26
mean from that actual point we did the
00:07:28
only thing we knew how to do which was
00:07:29
at market and sell and that was that was
00:07:31
how we got out of that and honestly that
00:07:32
that single skill of being able to
00:07:33
generate leads
00:07:35
um independent of the industry has been
00:07:36
like my get out of jail free card
00:07:39
um which has allowed me to fail over and
00:07:40
over and over again until finally you
00:07:42
know I got it right and even after that
00:07:44
one when we were at the Rock Bottom
00:07:45
there I had just you know nine 90 days
00:07:49
earlier got in a DUI my mom was in the
00:07:51
hospital
00:07:53
um really bad shape uh that's when I had
00:07:56
just lost all the money which is when I
00:07:58
pulled her aside but then fast forward
00:08:00
six months basically repeated the cycle
00:08:02
again which is I had we had started
00:08:05
doing these launches where he'd fly out
00:08:06
and and turn gyms around like Bar Rescue
00:08:09
but for gyms
00:08:10
and when we were out there uh
00:08:14
all of a sudden we came back home and we
00:08:15
saw like two of the gyms refunded all of
00:08:17
the transactions they just told the
00:08:19
people they could just sign up through
00:08:20
them and just do it for half the rate
00:08:22
after we had already spent the money for
00:08:23
the hotels and the flights and all the
00:08:25
ad spent and every you know a whole
00:08:26
month of work
00:08:27
and so basically all the money that we
00:08:30
had saved up in that like I think we're
00:08:32
out of jail free lost it all again
00:08:35
um and only then did we accidentally
00:08:38
um pivot into the licensing model which
00:08:40
ended up becoming the thing that was
00:08:41
like the first very big success that we
00:08:44
had but like that whole period of time
00:08:46
was five years of basically not having
00:08:49
anything even though on you know on
00:08:51
paper when I had the gyms I materially
00:08:53
looked successful because we had six
00:08:54
locations but I always just put all my
00:08:57
money back into each you know each new
00:08:58
location so I had very little actual
00:08:59
cash I was asset rich and cash four I
00:09:02
know that's real yeah all right and so
00:09:04
but then when I lost everything after
00:09:06
that because I sold them took the money
00:09:07
put in the new Venture and then lost it
00:09:09
I was like wait I just lost five years
00:09:12
because I had nothing to show for it and
00:09:14
so that's probably what what has created
00:09:16
a lot of the hypothesis I have now
00:09:17
around I didn't lose the five years I
00:09:20
lost the assets which were not the most
00:09:23
valuable thing that I had earned over
00:09:24
that time it was the skills the
00:09:26
experiences the character traits because
00:09:27
I still had those and then using those
00:09:29
three things I was able to do the next
00:09:31
thing unfortunately
00:09:33
um yeah I'm obsessed with learning yes
00:09:37
and it's interesting because I've had
00:09:39
the level of success that I've had and
00:09:41
because I'm technically middle-aged it's
00:09:43
just crazy to say I used to be the kid I
00:09:45
swear to God uh
00:09:48
it is it's really there's a
00:09:51
gravitational Center in my brain that
00:09:53
wants me to think that I have crossed
00:09:55
some line yeah and that it's about
00:09:58
looking backwards and it's really
00:10:01
dangerous like you have to be looking
00:10:04
for I mean God willing I've got you know
00:10:06
another 40 plus years of life left
00:10:09
and
00:10:10
every time that I get in that trap it's
00:10:15
I just re-anchor around wow I'm still
00:10:17
learning like all this stuff I'm 46 but
00:10:19
I've learned so much I failed so many
00:10:22
times and I've acquired so much
00:10:24
knowledge and skill set and all of that
00:10:26
and then you can think about oh cool
00:10:28
like as long as I've got the energy to
00:10:30
keep pushing to keep building because I
00:10:32
have
00:10:33
to your earliest point about what makes
00:10:35
you successful it's the that is
00:10:37
literally My Kryptonite is I have a very
00:10:40
hard time accepting the fact that I can
00:10:43
do anything I want with my life but not
00:10:45
everything yeah and that I find deeply
00:10:49
distressing but like on a level that
00:10:51
borders on mental illness yeah and
00:10:55
by focusing cutting out the other stuff
00:10:57
and recognizing okay I've reinvented
00:10:59
myself again yeah
00:11:01
but
00:11:03
a lot of that knowledge is going to
00:11:04
transfer it's going to be useful as I
00:11:06
push forward but getting obsessed with
00:11:08
learning yeah like that would be the
00:11:10
gift if I could give to people and say
00:11:12
okay you you want to be successful I get
00:11:14
it everybody wants it right now but if
00:11:16
you can stack these skills like then if
00:11:20
you've got the skill set and the
00:11:22
methodology that you know you and others
00:11:25
can really lay out incredibly well it's
00:11:28
like now you can do something but if you
00:11:30
have the methodology but not the skills
00:11:31
or you don't have the mindset and so
00:11:34
you're broken by the failure or you
00:11:36
don't have the methodology if you're
00:11:37
missing any one of those then you end up
00:11:39
in a death spiral yeah
00:11:42
it's interesting what you're saying with
00:11:43
the learning thing because
00:11:45
um I think a lot of people said like the
00:11:47
early because I I also have like I feel
00:11:49
like two parts of the audience is that
00:11:50
like follow my stuff I've got the
00:11:51
business owners who are trying to scale
00:11:53
their business Etc and then I've got all
00:11:55
the people who want to start a business
00:11:56
and usually they're a little bit younger
00:11:58
and whatnot and I think there's a
00:12:00
misnomer around like education and so a
00:12:02
lot of them I don't know how explicit I
00:12:04
can be but like they mentally masturbate
00:12:06
so watching lots and lots of videos they
00:12:07
you know want the pump up features they
00:12:09
buy the tickets to the things and so
00:12:12
they just learn and I think that they
00:12:15
think that exposure to information is
00:12:17
learning and I don't think that's true
00:12:19
or at least it hasn't been for me so
00:12:21
definitely not sure so you know because
00:12:23
I'm sure you get asked all the time like
00:12:25
what are the books that you know
00:12:26
transform your life and I've had a
00:12:27
handful of books that have been useful
00:12:29
to me but I would say 99 of the things
00:12:32
that I have learned I've learned they're
00:12:33
doing and so when I do the original rule
00:12:36
of 100 and whatnot it's because I think
00:12:37
it's the most effective way to learn
00:12:40
which is you force yourself on the one
00:12:42
controllable that you have which is the
00:12:43
activities that you can take and then it
00:12:45
goes with the underlying assumption that
00:12:46
you go off feedback and you're like well
00:12:49
that opening message did not work yeah
00:12:51
right and then I think most people have
00:12:53
a dramatic underestimation of how much
00:12:55
volume it takes to be successful
00:12:57
independent of the thing right they're
00:12:58
like okay I should go on five dates and
00:13:00
then find the girl I'm gonna marry it's
00:13:01
like what if it was 500. to find the
00:13:03
right girl you're going to marry or I
00:13:05
want to you know start this this new
00:13:07
channel or I want to honest become an
00:13:09
influencer whatever it is and they start
00:13:10
doing you know one post a day for four
00:13:14
weeks and they're like why am I not
00:13:15
famous yet and they find I mean real
00:13:19
right true and they find out that like
00:13:21
you know we ended up doing 400 episodes
00:13:23
before we made it to the top 10 on the
00:13:26
podcast thing and now we start doing you
00:13:28
know 100 plus pieces of content a week
00:13:30
and it's just this volume game that you
00:13:33
get the the skill from the volume the
00:13:36
feedback from the volume and there's all
00:13:37
these like little things I'm sure it's
00:13:39
like from the exercise world because you
00:13:40
come from that
00:13:41
um like when you squat the first time
00:13:43
you squat you're you're orienting
00:13:45
yourself to your environment you're
00:13:46
barely actually squatting you're just
00:13:48
looking like you have a bar on your back
00:13:49
but you learn so much between that first
00:13:51
rep and your ten thousandth rep of
00:13:53
squats and so I think for most people
00:13:55
it's like if we can if I my goal like
00:13:57
you with the learning is like if I can
00:13:58
just decrease the action threshold for
00:14:00
people to begin and be okay with the
00:14:02
fact that they're going to to suck and
00:14:04
it is okay to suck it is you should
00:14:05
expect to suck and it would be
00:14:07
unreasonable for you to be good if you
00:14:09
haven't done it before and so it's like
00:14:11
are you asking the universe to be
00:14:12
unreasonable for you
00:14:13
by
00:14:14
expecting to be good on your first try
00:14:17
and I think that's where a lot of people
00:14:18
it's the expectation that destroys their
00:14:20
ability to be successful because they
00:14:21
expect to win on the first shot and no
00:14:23
one does do you worry at all about
00:14:25
people wanting to be on camera right
00:14:27
from the jump because that puts an
00:14:28
expectation to be good that oh yeah
00:14:31
that's rough
00:14:33
um
00:14:34
I think it's so much like
00:14:37
if we're so
00:14:39
many so many feelings about this
00:14:42
um so you've got you've got this whole
00:14:43
Space right and you look at like if
00:14:45
you're like I want to be a business
00:14:46
influencer right well it's like we look
00:14:47
at the guys who actually at the top of
00:14:48
the business game and virtually everyone
00:14:50
you Andy Ed Gary all those guys have
00:14:54
killed in business and most of them even
00:14:58
Gary had gone to 60 million a year
00:15:00
before he made his first content and so
00:15:03
I think the issue is that people look at
00:15:04
that and say I should make content like
00:15:06
them when you don't have you can't
00:15:08
answer the underlying question which is
00:15:09
why should I listen to you which is
00:15:10
always in the back of every audience is
00:15:12
mine in my opinion at least that's what
00:15:14
I think like when someone's like a
00:15:15
relationship expert and I find out
00:15:16
they've been divorced three times I'm
00:15:17
like yeah you know maybe not right I
00:15:19
mean and as terrible as it is they might
00:15:20
be giving amazing advice but it doesn't
00:15:21
pass the first filter which is if I'm
00:15:23
going to take military strategy from
00:15:25
someone I'd rather have a general that
00:15:27
has a winning record even if the other
00:15:28
guy Napoleon said I'd rather have lucky
00:15:30
generals
00:15:31
so even if you had two that were even
00:15:33
you'd rather have the lucky one and so
00:15:34
to the same degree I think people use
00:15:36
that filter because it actually takes
00:15:37
less effort to learn from someone that
00:15:38
you trust and so it's like if you've got
00:15:40
the the basement teacher that's telling
00:15:41
you the dollar cost average of the s p
00:15:43
and you've got Warren Buffett who's
00:15:44
telling people to dollar cost average in
00:15:46
the s p they don't want to listen to the
00:15:48
teacher even if the teacher is better
00:15:49
objectively from a constant standpoint
00:15:51
because they just don't know if they
00:15:52
should trust them so you have to have
00:15:53
two filters I'm hearing the thing sure I
00:15:55
trust the thing with Warren you can just
00:15:57
plug into whatever he's saying just take
00:15:58
it as truth which takes less effort and
00:16:00
so I think most people don't get that
00:16:02
point and so I think you should make
00:16:04
content but the if you're or you should
00:16:06
advertise the stuff that you sell let
00:16:08
people know about what you're doing
00:16:10
um but it should be about the true
00:16:11
expertise that you have which is
00:16:13
oftentimes just talking about the stuff
00:16:14
you're doing rather than saying you
00:16:16
should be doing this this is what I am
00:16:19
doing hope you find it interesting hope
00:16:21
you find it valuable and I think that's
00:16:22
a big Dynamic which at first is like how
00:16:24
to it's how I
00:16:26
um just that little shift and I think a
00:16:28
lot of people would get much bigger
00:16:29
better audiences and actually make more
00:16:32
money from the content that they're
00:16:33
making because everyone else is like why
00:16:34
should I listen to you yeah
00:16:36
yeah with content like I'm I'm open
00:16:38
anybody that wants to make it make it
00:16:40
people will watch it if it's adding
00:16:41
value hopefully they don't do what you
00:16:43
were describing earlier which I'll call
00:16:44
spiritual entertainment where they're
00:16:46
just learning learning learning watching
00:16:47
watching watching getting motivated
00:16:48
getting inspired they're not doing
00:16:49
anything with it but my big concern with
00:16:52
people creating content is that they
00:16:55
will trap themselves because they're
00:16:57
afraid to suck like when I got a new
00:16:59
camera I was like wow I'm really rolling
00:17:02
the dice now because my life has taught
00:17:05
me one immutable truth I'm going to fail
00:17:07
a lot and there's nothing that tells me
00:17:09
that that period in my life is over like
00:17:11
and and it was never interesting to me
00:17:15
to like ride into the sunset on oh I
00:17:17
sold Quest so I sold Quest and then like
00:17:20
[ __ ] Babe Ruth I said I'm gonna build
00:17:21
the next Disney right yeah but I went on
00:17:23
camera and said look honestly the odds
00:17:25
are stacked against me the odds that I
00:17:27
fail are way higher than I that I
00:17:29
succeed right and so
00:17:31
going into that I did not want to back
00:17:33
myself into a corner where I was afraid
00:17:35
to try things I was afraid to step into
00:17:37
an area where I wasn't good because it's
00:17:39
the only way that I know to get better
00:17:40
right which I call the physics of
00:17:42
progress I call it the physics for a
00:17:43
reason so I think it is truly the only
00:17:45
way to improve yeah is basically the
00:17:47
scientific method you come up with an
00:17:49
informed hypothesis come up with a test
00:17:51
that lets you actually try that out you
00:17:54
test it you get results you stare
00:17:56
nakedly at those results which will
00:17:58
sting a little because it almost
00:17:59
certainly did not work as well as you
00:18:01
hoped yeah you will then get a little
00:18:03
bit wiser you will reformulate a
00:18:05
hypothesis you will retest and you just
00:18:07
that's the loop right and you just go go
00:18:09
and you see what works and you see what
00:18:11
doesn't but people are so interested in
00:18:14
looking cool yeah that the content
00:18:17
becomes the Trap that stops them from
00:18:20
actually getting good it's the posturing
00:18:23
it's the external validation that they
00:18:24
need to feel like the success they're
00:18:26
not having in reality can be made up for
00:18:28
with likes and comments and perceive
00:18:30
success
00:18:31
talk to me about the so you said that
00:18:34
you wanted to Vanquish your dad yeah so
00:18:37
this to me is tied to that idea of like
00:18:39
you you need something that propels you
00:18:41
you need something that pushes you to go
00:18:43
through all of this
00:18:45
but also trying letting your dad control
00:18:49
your actions is probably not the best
00:18:52
move yeah so like how is it useful and
00:18:55
then is there getting to the other side
00:18:57
of that yeah
00:18:58
so um and you know to be clear dad uh
00:19:03
the I would say that the vanquishing
00:19:05
thing is something that I was able to
00:19:06
kind of recognize in retrospect which
00:19:08
was it was all about beating my dad
00:19:10
earlier on so and a lot of that was
00:19:12
because I felt like a lot of the respect
00:19:13
was withheld from me earlier on and it
00:19:15
was always like a moving Target which is
00:19:17
you know if you need to be this you need
00:19:18
to be that you have to be in shape you
00:19:20
have to date hot girls you have to be
00:19:21
top your class you have to play all the
00:19:23
Varsity Sports like all those things
00:19:24
right be Editor to the newspaper be
00:19:26
editor-in-chief of the of the literary
00:19:28
magazine all those things at the same
00:19:29
time and still if I got something wrong
00:19:31
on a test it was like would you get
00:19:32
wrong you know rather than this is cool
00:19:34
I'm not 99 right yeah I'm not boohooing
00:19:37
about it is what it is it's made me who
00:19:39
I am and I'm grateful for it
00:19:40
um but that was kind of the the earlier
00:19:42
part was I wanted to win the game that
00:19:45
had been set out for me and you know
00:19:47
first it was make a hundred thousand a
00:19:49
year and then it was make uh the same
00:19:51
amount of amount as my dad and then it
00:19:52
was make more than my dad and then it
00:19:53
was make more than my dad had ever made
00:19:54
his entire life and then once that
00:19:57
happened I looked around and I was like
00:20:00
I think I've been playing his game and
00:20:03
not my game and so I wasn't really
00:20:05
setting any rules I was just playing
00:20:07
with the rules that were given to me and
00:20:09
so and kind of thing like is this even
00:20:10
the game I want to play
00:20:12
and so that you know that took me you
00:20:14
know a little bit of time to process
00:20:15
um and I think that It ultimately to
00:20:17
your question I think it did serve me a
00:20:19
lot and I don't know how much of these
00:20:21
reinforced behaviors that I learned
00:20:23
during that period of time still benefit
00:20:24
me today but they're not fueled by the
00:20:25
same thing so I still have these habits
00:20:27
of how I work and and you know being
00:20:29
dedicated towards goals Etc that I think
00:20:31
were born of that but no longer are
00:20:34
fueled from that now you lay out three
00:20:37
traits of ultra successful people yeah I
00:20:40
don't know if they're yours or if you
00:20:42
know them somewhere they're not mine so
00:20:44
so brilliant and when you said it you
00:20:46
put words to something that I have felt
00:20:48
for a very long time yeah
00:20:50
um if you don't remember them I have
00:20:52
them here but if you remember I remember
00:20:53
them yes uh and so it's
00:20:56
there's three traits that people then
00:20:58
they looked at because they were trying
00:20:59
to find Habits of Highly Successful
00:21:01
People and when they actually pulled
00:21:03
apart it's not you know and I hope I'm
00:21:05
not contradicting anything
00:21:08
um but there's people who are really
00:21:09
rich who wake up really late and work
00:21:11
really late and there's people really
00:21:12
rich who wake up really really early and
00:21:14
there's people who really rich who eat
00:21:15
really healthy and there's people really
00:21:16
rich who drink Coca-Cola and eat french
00:21:17
fries every day and so there's all these
00:21:19
things that we want to make as truths
00:21:20
but there there's easy examples that
00:21:22
counter those things so it's like what
00:21:23
are the few things that are true or at
00:21:25
least that seem to be present in all of
00:21:26
the situations and it seems as though
00:21:28
they were surprisingly fit and so the
00:21:30
three common traits that they had that
00:21:31
they had found were one that people have
00:21:33
superiority complex they believe they're
00:21:35
better than others and they believe that
00:21:36
they deserve more than everyone else
00:21:38
does and that they can accomplish big
00:21:39
goals right so they have a bigger Vision
00:21:41
because they believe they deserve it or
00:21:42
whatever it is that they were able to
00:21:44
identify that the second thing that they
00:21:46
would identify is that they had
00:21:47
crippling insecurity and which which is
00:21:49
a paradox of paradoxes they feel they'll
00:21:52
never be enough
00:21:53
um and they'll always be measured
00:21:54
against the things that they've achieved
00:21:55
and so you've got this crazy dynamic
00:21:57
between they they think they're better
00:21:59
than everyone they think they deserve
00:22:00
more they want to go after this big hill
00:22:02
and at the same time they fear they'll
00:22:04
never be good enough and they'll never
00:22:05
actually achieve it and they actually
00:22:06
suck and then the third piece which kind
00:22:08
of adds the beautiful like mix of this
00:22:10
is impulse control and so they're able
00:22:12
to control their actions and focus on a
00:22:15
single thing for an extended period of
00:22:16
time and so if you put those three
00:22:18
things together it's like you've got a big goal that's pulling you this way
00:22:20
you've got this big fear that you are
00:22:22
running away from and then you've got
00:22:24
impulse control to keep you focused on
00:22:25
the one thing that matters yes and if
00:22:27
you do that if you if you are the type
00:22:28
of person who has the those traits then
00:22:30
you are very likely to be successful
00:22:32
what is up my friend Tom bilyeu here and
00:22:34
I have a big question to ask you how
00:22:36
would you rate your level of personal
00:22:37
discipline on a scale of one to ten if
00:22:40
your answer is anything less than a ten
00:22:42
I've got something cool for you and let
00:22:43
me tell you right now discipline by its
00:22:45
very nature means compelling yourself to
00:22:47
do difficult things that are stressful
00:22:49
boring which is what kills most people
00:22:51
or possibly scary or even painful now
00:22:54
here is the thing achieving huge goals
00:22:57
and stretching to reach your potential
00:22:58
requires you to do those challenging
00:23:00
stressful things and to stick with them
00:23:02
even when it gets boring and it will get
00:23:05
boring building your levels of personal
00:23:06
discipline is not easy but let me tell
00:23:08
you it pays off in fact I will tell you
00:23:10
you're never going to achieve anything
00:23:11
meaningful unless you develop discipline
00:23:14
right I've just released a class from
00:23:15
Impact Theory university called how to
00:23:18
build Ironclad discipline that teaches
00:23:20
you the process of building yourself up
00:23:22
in this area so that you can push
00:23:23
yourself to do the hard things that
00:23:25
greatness is going to require of you
00:23:27
right click the link on the screen
00:23:28
register for this class right now and
00:23:30
let's get to work I will see you inside
00:23:32
this Workshop from Impact Theory
00:23:34
University until then my friends be
00:23:36
legendary peace out
00:23:39
you gave me the chills twice while you
00:23:40
were explaining that so this is
00:23:43
I'm often asked like hey you know what
00:23:45
does it take to be successful or how did
00:23:48
I get successful and I'm like from the
00:23:51
time I was a little kid so I grew up
00:23:52
lower middle class and but from the time
00:23:55
I was a kid I told everybody I am going
00:23:57
to be rich like you don't understand I'm
00:23:59
going to be rich I was so angered by not
00:24:02
being able to get the things that I
00:24:04
wanted as a kid and I had a little
00:24:05
problem with authority and so I felt
00:24:07
like I was being told that I had this
00:24:09
box to stay and I was like no no I had
00:24:11
always had these crazy dreams and I just
00:24:13
believed I could make it come true yeah
00:24:16
but I'm terrifyingly insecure that I'm
00:24:19
not smart enough to pull it off yeah and
00:24:21
I have something I need to prove to
00:24:23
myself to my wife my father-in-law my
00:24:25
own parents like I just [ __ ] no matter
00:24:28
how much I achieve I still have this
00:24:30
right so I I have this crushing need to
00:24:35
validate myself and to feel like no you
00:24:37
really did have a kid yes and but I am
00:24:40
psychotic at my ability to delay a
00:24:43
gratification yeah like I can suffer and
00:24:47
toil and grind and just like I don't
00:24:50
need to eat the marshmallow for a
00:24:52
hundred years right which is stupid in
00:24:55
some ways but you put those three things
00:24:57
together and you just go and go and go
00:25:01
it's really again sorry yeah so to the
00:25:05
marshmallow point because I think this
00:25:06
is really interesting and I don't think
00:25:08
it's talked about enough which is they
00:25:09
they like to separate the kids into the
00:25:11
two buckets right like uh the kitty
00:25:13
waits for two marshmallows and the kid
00:25:15
who just says I want the marshmallow now
00:25:16
but I feel like they should have a third
00:25:17
bucket which says how long do they ask
00:25:21
the kid to wait for the marshmallow
00:25:22
right because it's not do you have like
00:25:24
because I like to think of things and
00:25:25
like a lot of times we have false
00:25:27
dichotomies or we have binaries where
00:25:28
like good or bad you know disciplined or
00:25:30
undisciplined I'm honest or dishonest
00:25:32
right when I think more reality is to
00:25:34
what degree am I honest to what extent
00:25:35
am I disciplined to what degree am I you
00:25:38
know loyal right oh God there's a whole
00:25:40
conversation yeah yeah and so I think
00:25:42
that each of those three that we just
00:25:44
went over it's it's not do I have them
00:25:46
or not for the people who are listening
00:25:47
because people like to think yes I have
00:25:49
it or like oh well I have all three of
00:25:51
those it's not having them and I'm sure
00:25:53
you've interviewed some of the most
00:25:55
successful people on the planet it's how
00:25:56
much do you have yeah right and so I
00:25:59
think that like your ability to delay
00:26:01
gratification it's not just like oh I
00:26:02
can wait a week or I can wait a month
00:26:04
but it I made this tweet that went
00:26:07
pretty viral it was like if you can wait
00:26:09
a year
00:26:11
you can make a ton of money like if you
00:26:13
can do something for 12 months you
00:26:15
cannot need for financial goodness
00:26:17
pretty much for the rest of your life
00:26:18
I'm not saying you're gonna be hella
00:26:19
Rich right but you're not going to need
00:26:21
for anything if you can wait 12 months
00:26:23
if you can wait a decade you're going to
00:26:26
be above the one percent if you can wait
00:26:29
10 years for an outcome be able to do
00:26:31
the doing without seeing the result
00:26:33
for 10 years
00:26:35
you will be able to be above any most
00:26:38
achievement of most people
00:26:39
and if you can wait a lifetime and you
00:26:42
don't even need to see the result of
00:26:44
your doing this even while you are alive
00:26:46
but know that it may get done after you
00:26:48
pass then I I believe that you can
00:26:51
change the world and I mean that
00:26:53
and so I think that if people can just
00:26:55
extend the time Horizon
00:26:57
that they're measuring themselves on
00:26:58
they can just do so much more I mean
00:27:00
you've probably heard the Bill Gates
00:27:01
quote where he says people overestimate
00:27:03
what they can do in a year and underestimate what they can do in a
00:27:05
decade I think it's the same thing just
00:27:06
continue to draw it out and I think as
00:27:08
I've as we've been able to you know
00:27:09
achieve more leverage and make more
00:27:11
money Etc my Horizon has extended and
00:27:14
when I listen to the people who are the
00:27:15
people who I want to emulate I can
00:27:17
almost tell by the measurement of money
00:27:19
that they talk about and the measurement
00:27:21
of time that they discussed how
00:27:22
successful they are or how successful I
00:27:24
think they're going to be like if I talk
00:27:25
to a 25 year old and he's talking about
00:27:26
what he wants to do in two decades and
00:27:28
his whole plan of what he's going to do
00:27:30
as long as he's not just blowing smoke
00:27:31
because he's heard an interview from me
00:27:34
um then I'm like this kid's got it he
00:27:35
gets it he gets it and most people just
00:27:38
don't think they can't wait 90 days that
00:27:39
most people can't even wait a month
00:27:40
right they start a diet and 14 days
00:27:42
later they don't have a six-pack and
00:27:43
they can't wait but like if you do a
00:27:44
year you can look whatever way you want
00:27:46
for the most part you know by and large
00:27:48
and if you wait a year for the ability
00:27:50
to learn how to sell you wait a year for
00:27:52
the ability to learn how to Market wait
00:27:53
a year just providing value to a group
00:27:55
of people for free and then delaying
00:27:57
your ask
00:27:58
you can do whatever you want now and I
00:28:01
don't know how you can react to this if
00:28:03
we can separate that idea from being
00:28:06
patient yeah so I made a shirt that said
00:28:08
[ __ ] patience okay but yeah if you're
00:28:11
not playing the long game you're screwed
00:28:14
so my thing with patience is you have to
00:28:17
go all out at a sprinter's pace totally
00:28:20
and run a marathon at a sprinter's pace
00:28:23
if you want to achieve something yeah
00:28:25
that's where people fall down you'll
00:28:27
find people that can wait but can they
00:28:29
and this is one of my all-time favorite
00:28:31
quotes I'm pretty sure it's Winston
00:28:32
Churchill though people often attribute
00:28:34
things to him yeah who knows uh success
00:28:36
is the ability to go from failure to
00:28:39
failure without a loss of enthusiasm now
00:28:43
there are people that can go from
00:28:44
failure to failure but do they lose the
00:28:46
enthusiasm can they attack it as hard I
00:28:48
was telling you at the at the end of
00:28:50
this year we have a plastic table that
00:28:52
I'm going to smash the little pieces
00:28:53
because it has come to represent like
00:28:55
the hardest thing that I've built in my
00:28:57
professional career they're just all the
00:28:59
[ __ ] problems that have been
00:29:01
associated with it
00:29:02
and but I'm still going after it is hard
00:29:05
every day and when I think about
00:29:09
like so because I've had success and I
00:29:11
know how many people are chasing it I
00:29:12
can just say people a lot of time it's
00:29:14
not going to give you what you think
00:29:15
it's going to give you so like don't
00:29:16
bother chasing that kind of success yeah
00:29:18
uh so an easy way to say it is uh don't
00:29:21
worry about winning a championship ring
00:29:22
worry very much about becoming capable
00:29:25
of a championship performance that will
00:29:27
be a far more interesting life because
00:29:29
you really do want to get that good yeah
00:29:31
but in the pursuit of that thing in
00:29:34
getting that good it's like it is going
00:29:36
to take an inhuman amount of
00:29:39
concentration willingness to fight
00:29:42
through the pain and suffering and an
00:29:44
ability to attach enough meaning and
00:29:46
purpose to it yeah that you'll keep
00:29:48
going when you're just getting
00:29:51
kicked in the space over and over like
00:29:53
it's crazy yeah and so knowing how badly
00:29:56
people want that I want for them that
00:30:00
thing like how whatever it is and and I
00:30:02
have a method that I can teach people
00:30:04
how to do it but most people still won't
00:30:05
do it which is to build the desire to
00:30:08
create an association between the doing
00:30:11
that thing yeah and the meaning and
00:30:13
purpose that you want to have for your
00:30:15
own life and that it's not going to seem
00:30:17
self-evident you have to bolt it on it
00:30:19
feels kind of fake in the beginning but
00:30:20
if you really invest and it really is
00:30:22
something that you care about it can't
00:30:23
be fake but if it really is something
00:30:25
that you care about and you build that
00:30:27
intense Association then you can fight
00:30:30
through that but
00:30:32
boredom kills more entrepreneurs than
00:30:35
fear or failure ever will
00:30:38
when you say boredom do you mean that
00:30:40
they're starting something it's starting
00:30:41
to work and then they just switch
00:30:43
because they're add or no I mean that
00:30:46
doing something where you don't get the
00:30:48
result that you want and it's 10 years
00:30:50
out and you're going to have to do what
00:30:52
Jeff Bezos calls overhead right no
00:30:54
matter how much you love your job
00:30:55
there's always overhead there's a boring
00:30:57
[ __ ] yeah and what I find is people they
00:31:00
can't stay on task yeah I find in myself
00:31:03
a strong desire not to stay on task
00:31:06
because it is boring it's just boring or
00:31:09
even worse
00:31:11
if it feels bad yeah and you have to
00:31:14
keep doing it and you have to wake up
00:31:15
every day and face that like this is
00:31:17
really going to be tough and it's going
00:31:19
to be tough for a very an undetermined
00:31:22
amount of time yeah so it's not even
00:31:23
like I know it's going to be a year yeah
00:31:25
it's there's an unknown amount of
00:31:28
suffering before me and I have to
00:31:30
somehow continue to muster the
00:31:32
enthusiasm and have faith yeah that this
00:31:35
theory that I have is actually going to
00:31:36
work out or that I'll get better right
00:31:39
that maybe this Theory isn't the Right
00:31:41
theory but I'll be able to figure it out
00:31:43
it's interesting you say that because um
00:31:45
we talk about need to beliefs when we're
00:31:46
thinking about a company that we want to
00:31:48
like invest in and so it's like what are
00:31:49
the you know we try to have as few
00:31:50
native beliefs as possible for you know
00:31:52
a growth thesis to happen
00:31:54
um and then not only do we want to have
00:31:55
as few as possible interesting need to
00:31:57
believe like I need to believe that this
00:31:59
is true for this outcome to be possible
00:32:01
yeah so how do we have as few of those
00:32:04
as possible and how do we have that
00:32:06
those need to believe statements are as
00:32:08
high likely as humanly possible right so
00:32:10
it's like do like if we had a business
00:32:12
that was reliant on and you know an
00:32:14
inflationary period or something I'd say
00:32:16
like okay well I believe that that's you
00:32:18
know
00:32:19
High likelihood that it's going to occur
00:32:20
okay so I feel okay about that one and
00:32:22
if that was the only thing I need to
00:32:23
believe for this whole business to be
00:32:24
successful like where do I write a check
00:32:26
this is the only thing right so it's how
00:32:28
many of these are there right and if
00:32:29
there's a lot of them then with each
00:32:31
additional line or likelihood of getting
00:32:32
the outcome we want goes down
00:32:34
um and so I think that if reversing that
00:32:36
for success for somebody who's coming
00:32:37
along is like
00:32:39
what amount of action would it be
00:32:41
unreasonable for me not to be successful
00:32:43
and so for me it's like I I believe that
00:32:46
if you do 10 000 cold calls you'll
00:32:50
you'll get better like it would be
00:32:51
unreasonable for you not to be good like
00:32:53
after that level of effort if you if you
00:32:57
run you know if you take half your
00:32:59
paycheck every month or a 30-year
00:33:01
paycheck every month and you say I'm
00:33:02
going to advertising University which is
00:33:03
I'm going to spend money actually
00:33:05
advertising trying to get people to
00:33:07
click on this thing and give me their
00:33:08
name and phone number if you go and you
00:33:10
spend that amount of money on actually
00:33:12
advertising after a year after two years
00:33:14
you'll probably you'll probably be
00:33:16
pretty good especially if you join a
00:33:18
community other people who are doing the
00:33:19
same thing right you see got mentors who
00:33:21
are doing who who have done and give you
00:33:23
Frameworks that you can just work off so
00:33:24
you can shortcut your path to success it
00:33:26
becomes unreasonable that you wouldn't
00:33:28
be more successful in the future than
00:33:30
you are today and so I like thinking
00:33:31
about things in terms of directionally
00:33:32
correct rather than will I hit it or not
00:33:35
right I think there's so many binaries
00:33:37
because it's easy psychologically for us
00:33:38
to say yes no honest dishonest Etc
00:33:40
successful not successful
00:33:43
um but it makes making decisions really
00:33:44
hard
00:33:45
because you're like is this the path for
00:33:47
me is this the product owned the
00:33:49
business I'm going to start where I was
00:33:51
like well if I started something I would
00:33:54
be more likely to be successful than if
00:33:56
I did not start anything and from there
00:33:59
I will gain experience in perspective to
00:34:00
then make the next iteration on the main
00:34:03
thing and I was Quest your first thing
00:34:05
ever first successful thing but you've
00:34:08
done other stuff before that and failed
00:34:09
and I I still I was referrals like I
00:34:11
hope Quest wasn't his first thing
00:34:13
um most people had thank God it wasn't
00:34:15
right
00:34:16
most people had a graveyard of failures
00:34:19
before they had their actual first
00:34:21
success and so most people spend all
00:34:22
this time
00:34:24
um a different tweet that went viral it
00:34:25
said like with 20 hours of focused
00:34:27
effort most people can be pretty decent
00:34:29
at something whether it's guitar it's
00:34:31
singing even cold calling if you
00:34:32
actually cold call it for 20 hours
00:34:34
focused effort
00:34:36
you'd be decent but most people spend
00:34:39
years waiting to do the first hour
00:34:42
whoa
00:34:43
whoa and so it's like how can I decrease
00:34:47
that action threshold and get someone to
00:34:48
just just just embrace the suck and so
00:34:51
it's like how can I normalize no's so
00:34:53
it's like if I'm teaching somebody to
00:34:54
sell it's like dude I need to get 100 of
00:34:55
those all right let's get 100 for me
00:34:57
okay with the S just get 100 no's and
00:35:00
the thing is all of a sudden if the no
00:35:01
becomes the goal then they realize that
00:35:02
it's about the process another outcome
00:35:04
and then they will become better sales
00:35:05
people because they stop being afraid of
00:35:06
it the same thing like for training
00:35:07
salesperson I want them to hear the gasp
00:35:09
right which is like you say a price over
00:35:11
the phone everyone's afraid of saying
00:35:12
the price it's like dude if you didn't
00:35:14
get a gasp you didn't go high enough
00:35:15
right they're like what I'm like oh you
00:35:17
failed terrible sale they didn't gasp
00:35:19
they're like really and so then it
00:35:21
becomes it flips it and becomes a point
00:35:22
of Pride it's like oh I got her you
00:35:24
should hear the gasp on this one and so
00:35:25
all of a sudden they stop being afraid
00:35:26
we normalize we do like exposure therapy
00:35:28
on things that people are most afraid of
00:35:29
and I hope that with all the stuff that
00:35:31
we do that we can do that in a microwave
00:35:32
for at least a handful of people so they
00:35:34
just start doing and realize that
00:35:35
they're going to gain perspective and
00:35:37
the light of their knowledge will give
00:35:39
them the next foot but the thing is
00:35:40
they're stuck on the first one trying to
00:35:41
pick the first path when they have no
00:35:43
idea what they're doing
00:35:44
was selling ever hard for you like the
00:35:46
idea of selling not that I'm sure you
00:35:48
were bad at it at one point but was the
00:35:50
idea of trying to convince somebody to
00:35:52
buy something yeah I uh so when I quit
00:35:55
my job
00:35:56
um my dad's buddy was in private Wealth
00:35:59
Management in Maryland and so he called
00:36:01
me up and was like hey you should sell
00:36:03
for me and I to this day he jokes about
00:36:05
it now with me
00:36:07
um I said ah sales I was like I'm not a
00:36:10
Salesman I was like I'm an academic you
00:36:12
know what I mean I just come for a you
00:36:13
know on the bones and I thought you know
00:36:15
whatever and um and then lo and behold I
00:36:17
signed my lease I slept on the floor and
00:36:19
I was like how do I pay rent and woman
00:36:22
walks in the door and I was like I need
00:36:23
to get her to give me money so I can pay
00:36:25
rent and I was like oh this is sales and I
00:36:28
didn't know so for me it was just
00:36:30
begging people to give me money in the
00:36:31
beginning like I promise I'm going to
00:36:33
give you the best results ever
00:36:34
um but the idea of sales was very I I
00:36:38
thought it was beneath me I thought it
00:36:39
was scammy I thought it was
00:36:41
used car sales you know just like the
00:36:43
abhorrent black you know that'd be the
00:36:46
right word but
00:36:47
um yeah and then I through exposure I
00:36:49
realized that it was and I ended up I in
00:36:51
life's irony being something that I've
00:36:53
really fallen in love with
00:36:54
there are there are people on the
00:36:56
internet I will let them remain nameless
00:36:58
that they give me the heebie-jeebies I
00:37:01
am deeply uncomfortable with something
00:37:03
in the way that they sell and I've
00:37:04
actually never taken the time to figure
00:37:06
out what it is and I probably should I'd
00:37:07
make a lot more money but there are
00:37:10
people that made me deeply uncomfortable
00:37:11
and then there's something about you so
00:37:13
I'd never heard of you somebody ping me
00:37:14
was like yo you need to check this guy
00:37:16
out and I looked at your stuff and I'm
00:37:18
like there's something about the way
00:37:19
that you talk that is super matter
00:37:21
effect it isn't the I have nothing to
00:37:23
sell you because you're an incredible
00:37:25
salesperson so even when I interface
00:37:28
with the way that you sell it doesn't
00:37:31
creep me out I've I've not thought about
00:37:34
it enough to know why but I bet you have
00:37:36
what is it that makes a salesperson
00:37:38
creepy and why aren't you creepy
00:37:42
why aren't you creepy the the best the
00:37:44
best interview question I've ever had
00:37:46
um so I I think a lot about this because
00:37:48
I'm outlining the next book which is so
00:37:50
the next book is leads and I'm already
00:37:51
done the draft and you know how that is
00:37:52
where I'm like oh I'm not done that book
00:37:54
but like I'm like I can't wait for the
00:37:55
next book
00:37:56
um and so I'm thinking through like what
00:37:57
what is it that that sales is overall
00:37:59
right it's structuring a conversation to
00:38:00
increase the Liker that the person who's
00:38:01
on the other side gives you money that's
00:38:03
what it is it's structuring that
00:38:04
conversation that way and structuring
00:38:06
that conversation I heard you mention
00:38:09
something that you call and I I am so
00:38:11
only vaguely aware of like proper sales
00:38:13
oh but you said holding the frame oh
00:38:16
yeah like it's not about the words you
00:38:17
say it's how you say them and whether
00:38:18
you can hold the frame is that what you
00:38:20
mean by structure of the call all of it
00:38:22
yes I mean so what is what is the
00:38:24
structure what is holding a frame like
00:38:25
what does that mean so in
00:38:28
I have like I love sales so so when
00:38:33
you're when you're when two people
00:38:34
interact in general no matter what man
00:38:36
woman child whatever
00:38:38
two frames Collide and I believe it's
00:38:40
animalistic whatever it is there is a
00:38:42
there's a decision of who is Alpha now
00:38:44
the alpha is also contextual and so you
00:38:48
can be Alpha in like the president
00:38:50
United States is Alpha everywhere until
00:38:51
he goes into a doctor's office he tells
00:38:53
him to pull his ass and he sticks his
00:38:54
finger up right frame right in that room
00:38:57
doctor is King right he is the alpha in
00:39:01
that setting in that context and so the
00:39:03
ability to hold the frame for most for
00:39:06
most salespeople is really having a that
00:39:08
sounds crazy having a clear agenda and
00:39:10
controlling the conversation which is
00:39:12
why are we here right because it a lot
00:39:15
of sales is clear communication because
00:39:18
if you clearly communicate because the
00:39:19
biggest advantage that a salesman has is
00:39:21
that the person that's already said they
00:39:22
have a problem most times right so if
00:39:24
someone responds to a Content piece and
00:39:26
says hey can you help me they've already
00:39:28
enunciated they have an issue they have
00:39:30
a problem and so you already have the
00:39:31
inherent advantage of the frame which is
00:39:33
you said you needed help I'm here how
00:39:36
can I help you right and so it starts
00:39:38
with that right it's it's being clear
00:39:40
about why we're here and then we get
00:39:42
agreement that we understood the problem
00:39:44
that they said they had next and then
00:39:46
from that point we have to turn the
00:39:48
desire into a decision which is okay you
00:39:50
say you want these things here's the
00:39:52
frame that I want to give you to analyze
00:39:54
the decision can we agree to this Frame
00:39:56
right and so for example if I were
00:39:58
selling marketing services and I so
00:40:00
whenever we we rework a sales script
00:40:03
with any of the portfolio companies
00:40:04
which is one of the things that we do to
00:40:05
make them grow
00:40:07
a lot of times they have all this
00:40:08
gobbledygook right and so I like the
00:40:10
shortest possible scripts we can because
00:40:13
a lot of communication is wasted right
00:40:15
so what happens a lot of times on a
00:40:16
sales call is they say hello build
00:40:18
rapport talk for 30 minutes see that
00:40:20
there's time that's running out and then
00:40:21
realize they have to pitch right and so
00:40:23
then they motor mouth and then just
00:40:25
awkwardly ask right and it is to your
00:40:28
point about it seeming icky right or
00:40:30
sucking
00:40:31
um is that it's not normal human
00:40:33
communication and you're not providing
00:40:35
value to the other person
00:40:37
and so if giving Clarity to someone on a
00:40:41
decision is tremendous value
00:40:43
and so if you can sell in a way that
00:40:45
clarifies a decision my objective always
00:40:47
when I teach sales the goal is not to
00:40:49
get the person to buy the goal is to get
00:40:50
the person to decide
00:40:52
and I believe that people don't decide
00:40:54
for only three reasons and this comes
00:40:55
from Albert Ellis this is not me but
00:40:57
people blame
00:40:58
all the woes of their lives on
00:41:01
circumstances
00:41:03
other people
00:41:05
and then ultimately themselves
00:41:06
and so when we're overcoming obstacles
00:41:08
in a sale we have to make sure that we
00:41:11
are accounting for the circumstances
00:41:12
which is taking away time as a reason
00:41:15
they can't do it taking away money is a
00:41:16
reason they can't do it taking away
00:41:17
particular aspects of the product
00:41:19
there's a reason they can't do it we
00:41:21
have to make sure that they don't cast
00:41:23
their power to other people and saying I
00:41:25
can't make this decision someone else
00:41:26
has to make it and then finally when
00:41:27
they're with themselves they want to
00:41:29
avoid the decision they want to delay it
00:41:30
they want to not make it I'm not going
00:41:32
to think about it right and so the idea
00:41:33
is that I believe that if you sell
00:41:35
properly you can talk to an empowered
00:41:38
person and you have to basically sift
00:41:39
through the crap that they're telling
00:41:41
themselves about why they can't decide
00:41:42
why they have to talk to their husband
00:41:44
why the circumstance of their situation
00:41:47
matter and so I think that if you can do that
00:41:49
and communicate that in a conversation
00:41:51
you are you have made someone feel
00:41:53
powerful and you've given them the tools
00:41:55
to make a decision and then in making
00:41:56
that decision they take a step towards
00:41:58
the life they want to have and so if you
00:41:59
can structure a conversation that way
00:42:01
it's not icky it's value additive and
00:42:02
then ultimately you do make more money
00:42:03
but you're not focused on that because
00:42:05
you're focusing on helping them make the
00:42:06
call
00:42:07
and if we can do that you can sell
00:42:09
whatever you want
00:42:10
and I think that's like that's what I
00:42:11
try and structure and that's why I'm so
00:42:13
excited for the sales book when it
00:42:14
finally comes out but most of it's clear
00:42:16
communication when I listen to sales
00:42:17
calls because I still kind of do it
00:42:18
because I like it
00:42:19
um it's like therapeutic you know what I
00:42:21
mean
00:42:22
um there's so much there's so much waste
00:42:25
there's so there's no there no people
00:42:27
aren't direct it's like why are we here
00:42:28
you and someone's like I just want to
00:42:30
get more information that's an obstacle
00:42:32
no you didn't you're not here because
00:42:33
you want more information you're here
00:42:35
because you're suffering from a problem
00:42:36
you don't just hop on sales calls all
00:42:37
day to get information no you're trying
00:42:38
to solve something right what are you
00:42:40
trying to solve what are you in pain
00:42:41
from got it so let me make sure I
00:42:43
understand this label the problem right
00:42:45
so it's like a lot of people just don't
00:42:46
know how to talk and they just make face
00:42:48
noise at each other and no one's
00:42:49
listening and no one's talking they ping
00:42:50
pong back and forth no one actually is
00:42:51
listening yeah they're not communicating
00:42:53
at all right they say a statement I mean
00:42:56
someone says I'd literally just reviewed
00:42:58
a sales call yesterday
00:43:00
guy says uh I'm not sure now's a good
00:43:02
time salesman then responds with uh well
00:43:07
you know I'm not sure if if you're a
00:43:09
good fit if you're if you're not sure
00:43:10
because it just goes off on this weird
00:43:12
tangent and then there's a pause and the
00:43:15
guy just asked another question no
00:43:17
communication happened it was like I
00:43:18
have a question you just said a bunch of
00:43:20
words and I guess it's normal for me to
00:43:22
say something else now and so then he
00:43:23
just asked another question right and so
00:43:26
it's clear like what and then normally
00:43:29
when you overcome these sorry I could
00:43:30
talk about this forever but like when
00:43:31
you overcome these obstacles with
00:43:32
somebody's like I don't have time right
00:43:34
I'll just give you a simple one because
00:43:35
this is one this is for everybody who's
00:43:36
listening because right now you're
00:43:38
probably not doing something because
00:43:39
you're like I'm too busy I'll start when
00:43:41
it's convenient whatever
00:43:43
if you say that as the excuse for not
00:43:45
doing something then there's an
00:43:47
assumption underlying that that says
00:43:48
that if I get busy again in the future I
00:43:50
will stop
00:43:53
and so do you want the success that you
00:43:55
want to be long-term yes then do you
00:43:57
believe that you'll never be busy again
00:43:58
for the rest of your life no so that you
00:44:00
might as well start when you're busy so
00:44:01
you have the most support because if you
00:44:03
learn how to do it and you're busy when
00:44:04
you get when it gets quiet you'll
00:44:06
succeed even more and when it gets busy
00:44:07
again you know how to do it because
00:44:08
that's how you start it
00:44:09
right obstacle overcome
00:44:12
and then one step closer to make a
00:44:15
decision and so what happens is in the
00:44:16
even in the obstacle process when people
00:44:18
are trying to sell stuff
00:44:19
people start from the outside in so it's
00:44:21
so easy to say I don't have time it's
00:44:22
the easiest thing it's out of time after
00:44:23
money right and then once you peel you
00:44:26
you show them how that's a fallacy it's
00:44:28
a logical foul it's a distortion of
00:44:29
reality you peel that back you get one
00:44:31
layer close to them my wife won't let me
00:44:33
my partner won't let me my kids so you
00:44:35
can feel like it's it's closer to you
00:44:37
right and you peel that out because how
00:44:38
do you overcome that well
00:44:41
five years from now if you didn't do the
00:44:44
things that you wanted to do with your
00:44:45
life
00:44:46
and you blamed your wife the whole time
00:44:49
because she wouldn't let you do it
00:44:51
you're gonna play it
00:44:52
her is that fair for your marriage for
00:44:56
your relationship
00:44:57
what do you think now so I think what
00:45:00
you're doing is you're asking permissions instead of support
00:45:02
all right let me show you how you have
00:45:03
that conversation with your wife right
00:45:04
so now we're we're sliding the other
00:45:06
side of the table and be like let's play
00:45:07
this out right it's not going to go the
00:45:08
way you think it's going to go because
00:45:09
if you keep repeating this habit you're
00:45:11
going to end up five years from now
00:45:12
you're gonna look at your life the same way you're looking at now
00:45:14
and hating it and who you're gonna blame
00:45:16
now you're five years in you still kind
00:45:17
of like your wife five years from now
00:45:18
you might not so much because you've had
00:45:19
10 more times you've tried to do
00:45:20
something she said no so it's today the
00:45:22
day right
00:45:23
and so we peel one layer and then
00:45:26
finally you're the person who's
00:45:27
squirming there right because you've
00:45:29
forced them to confront reality which is
00:45:31
now they don't want to make the decision
00:45:33
right because they're like I'm just
00:45:34
going to avoid it I'm not sure et cetera
00:45:35
et cetera and you're like hold on like
00:45:37
I've got you you know what I mean like
00:45:38
we're gonna get through this because you
00:45:40
because you're just wading through this
00:45:41
[ __ ] that people tell themselves right
00:45:43
and so finally when they're in the
00:45:44
avoidance part the biggest fear they
00:45:46
have is making a mistake
00:45:48
right they don't want to be seen stupid
00:45:49
they don't want to lose status as a
00:45:51
result of this decision and so when
00:45:52
we're when we're when we're dealing with
00:45:53
that
00:45:55
it's making them understand that you
00:45:58
don't need time to make a decision you
00:45:59
need information and if the only source
00:46:01
of the information you have is May then
00:46:03
let's talk what are the variables you
00:46:05
can use to make the decision
00:46:06
and a lot of people haven't even thought
00:46:07
through that it's like well if you don't
00:46:09
know what they are why don't I walk you
00:46:10
through four that might be useful
00:46:13
does this thing solve the problem the
00:46:14
way you want it to be solved yes or no
00:46:16
yes
00:46:18
do you want to work with us yes or no
00:46:20
yes
00:46:22
do you know someone you have access the
00:46:24
amount of money to get started with this
00:46:25
program yes or no yes great let's do it
00:46:29
right and so you can walk someone
00:46:30
through it and it's like oh
00:46:33
like and like you feel like just one of
00:46:35
this magical journey of like all these
00:46:37
things of why the reason they haven't
00:46:38
they decided not to make decisions but
00:46:40
so many people are stuck in that same
00:46:42
spot for why they're not taking action
00:46:44
whether it's selling a product or
00:46:45
selling themselves and I think that
00:46:46
those Frameworks of thinking through
00:46:48
each of those problems and there's I
00:46:49
have a zillion of them for each of those
00:46:50
things
00:46:51
um I had to develop because I use those
00:46:54
on myself
00:46:56
so I was like I have to give myself a
00:46:57
compelling reason to start doing stuff I
00:47:00
have to give myself a compelling reason
00:47:01
to make decisions when I don't want to I
00:47:03
have to give myself a compelling reason
00:47:05
that I can explain to a partner of why I
00:47:07
made this decision right later
00:47:09
and so by doing that it decreased the
00:47:12
time between me getting information and
00:47:14
acting and then It sped out my decision
00:47:16
Loops in my life in general and then
00:47:17
obviously I applied that to sales but
00:47:19
I've applied it to everything
00:47:21
when I say these beliefs I don't say
00:47:22
these as a an affront to anyone who
00:47:24
shares different beliefs to be clear
00:47:28
um but for me a very core belief that
00:47:29
has been I think intrinsic to at least
00:47:31
the material success that we've
00:47:32
experienced has been a belief that
00:47:34
meeting is
00:47:36
self-ascribed so that there is no
00:47:39
inherent meaning in the things that we
00:47:40
do
00:47:41
um or the actions we take or the
00:47:42
outcomes that happen but only that which
00:47:45
we ascribe to it and so because of that
00:47:49
I feel like it's allowed me to the point
00:47:51
of what you're saying about like the amount of pain and the amount of
00:47:52
suffering that you have to go through in
00:47:54
order to to achieve the things on the
00:47:56
other side I think it's been able to
00:47:57
it's allowed me to reframe a lot of the
00:47:59
discomfort into what if this just is how
00:48:02
it always has been or what if this is
00:48:04
actually amazing
00:48:06
and what if this is exactly what it
00:48:08
should look like and so I think a lot of
00:48:09
times it's the it's the discrepancy
00:48:11
between our expectations in reality that
00:48:13
shape the emotions that we have in
00:48:16
response to any given situation bad good
00:48:19
Etc and so I think a lot of people can't
00:48:21
control their state and I we deal with
00:48:23
this with a lot of the portfolio
00:48:24
companies is it's like it's funny
00:48:26
because I don't even necessarily want to
00:48:27
get in this I want to talk about like
00:48:28
the business and what's the strategy how
00:48:29
we're going to execute the stuff but you
00:48:31
know there's a big percentage of time
00:48:33
where they're stressed and they think
00:48:35
there's something wrong with that
00:48:36
and so I feel like
00:48:38
a lot of people feel like there's
00:48:40
something wrong with experiencing human
00:48:42
emotions
00:48:44
and so they are stressed and then think
00:48:46
there's something wrong with them
00:48:48
or they are sad and I know this is the
00:48:50
thing that the keyboards are you know
00:48:51
the fingers are right on top of it
00:48:54
it's my belief it is contrarian I accept
00:48:56
that
00:48:57
that
00:48:58
it's it's the beliefs we have about our
00:49:01
emotions that are the things that drive
00:49:02
us mad facts and so somebody's sad and
00:49:06
then they tell themselves that they're
00:49:07
they're bad because they're sad or
00:49:09
they're wrong to be sad or they're a
00:49:10
piece of [ __ ] because they're sad
00:49:12
um rather than saying isn't this a
00:49:14
beautiful thought about the human
00:49:15
existence like if I could not be sad
00:49:18
then I would not experience Joy so like
00:49:21
if I say that I don't want to be sad
00:49:22
anymore then I would also have to give
00:49:23
up Joy am I willing to do that no well
00:49:25
then this is just a part like I can't
00:49:27
say that I want sunny days if there are
00:49:28
no rainy days
00:49:30
like we don't say weather is good or bad
00:49:31
it just is
00:49:33
and so I think to the same degree The
00:49:35
Human Experience is also that way too at
00:49:36
least how I Define it and so I think
00:49:38
having that as my backbone frame in
00:49:40
terms of my worldview although
00:49:41
contrarian has helped me a lot in
00:49:43
dealing with the things that often
00:49:45
derail entrepreneurs on their path to
00:49:47
getting what they want and so for me
00:49:49
that's been very helpful so from a
00:49:50
contrarian standpoint of like Bully you
00:49:52
know Peter thiel's question like what
00:49:53
closely hopefully do you have that most
00:49:55
people don't agree with that's one of
00:49:56
them
00:49:57
um
00:49:58
I'm scandalized by the way that that one
00:50:00
is
00:50:01
something that people don't hold I think
00:50:04
that people get themselves in trouble
00:50:05
because
00:50:07
they believe the opposite of the
00:50:08
following quote there is nothing either
00:50:10
good or bad but thinking makes it so
00:50:12
yeah and they think that no there are
00:50:14
things that are objectively good and bad
00:50:16
and I'm simply recognizing the truth
00:50:18
that is the that's certainly what I
00:50:20
struggle with the most in my own life
00:50:21
that I was simply when I had a negative
00:50:24
view of myself or anything else that I
00:50:25
was simply recognizing the truth of the
00:50:27
situation not understanding how the
00:50:29
belief I had about the thing was
00:50:31
influencing my behaviors and my behavior
00:50:34
is entirely determined My outcome and so
00:50:37
then I was like well hold on if if my
00:50:40
behaviors are predicated on my beliefs
00:50:42
and my outcomes are predicated on my
00:50:44
behaviors and my outcomes are actually
00:50:46
linked to my beliefs totally and so I've
00:50:48
got to go in and make sure that I'm
00:50:50
believing things that are effective and
00:50:52
so my whole thing is I only do and
00:50:54
believe that which moves me towards my
00:50:55
goals now the next question that people
00:50:57
ask is well then does that mean that you
00:50:59
believe things that aren't true and the
00:51:01
answer is unintentionally no and the
00:51:04
reason is unintentionally no is because
00:51:06
that to me something is true based on
00:51:09
its ability to increase your ability to
00:51:11
predict the future and the outcome of
00:51:13
your actions that that's what's true if
00:51:15
I touch this hot stove it's going to
00:51:17
burn me yeah I believe that to be true
00:51:19
because hey I've touched hot things
00:51:21
before and they actually do burn me and
00:51:22
so when you can like in sales if I
00:51:25
structure the conversation in this way
00:51:27
it's more likely to lead to an outcome
00:51:29
that thing is true just because you've
00:51:30
run the experiment enough times to be
00:51:32
like yeah that actually gives me the
00:51:35
ability to predict the outcome of these
00:51:37
actions
00:51:38
and when I encounter people that either
00:51:41
don't even know what their own belief
00:51:43
system is and so they they think this
00:51:46
isn't a belief this just is true about
00:51:48
the world I'm like no that that is a
00:51:51
belief that you've chosen to believe in
00:51:52
it's completely [ __ ] you up
00:51:55
one of my favorite quotes I think if
00:51:56
there were to be a quote that would be
00:51:57
on my Tombstone it
00:51:59
it's top three which I love a lot of
00:52:01
quotes
00:52:02
um it's uh Orson Scott Card he said uh
00:52:04
we question all of our beliefs except
00:52:06
for those that we truly believe and
00:52:07
those who never think the question yes
00:52:09
and so it's because you truly believe it
00:52:11
and those are the ones those are the
00:52:12
pesky ones those are the ones I think um
00:52:14
I was told because you get asked a lot
00:52:16
I'm sure like hey I'm going to talk to a
00:52:18
mentor what question should I ask them
00:52:20
and I got this really good one which is
00:52:23
what do I believe to be true that isn't
00:52:26
whoa and so it's a great question right
00:52:30
and because I I'm sure you see it and if
00:52:32
I talk to somebody I can tell like they
00:52:34
they cast these views of what is and
00:52:35
what isn't about business about marriage
00:52:37
about health whatever it is and they say
00:52:39
like and then they and then they operate
00:52:41
off of that framework of assumptions
00:52:43
which is might be patently false and
00:52:45
then they wonder why what they're doing
00:52:47
is not working it's like because the
00:52:48
entire Foundation upon which you built
00:52:50
this thing is just wrong right and so
00:52:53
um the easy you know the easiest way to
00:52:54
do that is to get people ahead of you
00:52:56
who tell you by the way I don't think
00:52:57
that belief is true but you have to get
00:52:58
in a place that somebody can actually
00:52:59
communicate that to you and be open to
00:53:01
it yeah and then you have to do
00:53:03
something about it which most people
00:53:04
don't otherwise you get one piece of
00:53:05
advice and people like oh God you're not
00:53:07
going to do anything with this yeah like
00:53:09
that that's the hard part so yeah I have
00:53:11
the saying impact Theory University
00:53:13
where I always thought all I would ever
00:53:15
teach is business and I found yeah that
00:53:18
to get people primed to do the business
00:53:20
part I first had to deal with all the
00:53:21
lies that they were telling to believe
00:53:23
like the self-destructive behavior all
00:53:25
that one once you could get past that
00:53:27
then they had an actual shot at running
00:53:30
the business but because success is the
00:53:32
ability to go from failure to failure to
00:53:33
failure without a loss of enthusiasm and
00:53:35
the ability to do that is predicated on
00:53:37
the story you're telling yourself about
00:53:38
yourself you believe that it was all
00:53:40
like this [ __ ] mindset like yeah
00:53:42
Rat's Nest of like God if I can help you
00:53:46
like peel this stuff back and be able to
00:53:48
get out of your own way but most people
00:53:51
can't but it's really interesting when
00:53:53
you were saying that I was like
00:53:55
part of what makes
00:53:57
like when you hear somebody speak and
00:53:59
they really resonate with you they give
00:54:00
you the chills you get excited it's
00:54:02
because they're either putting words to
00:54:04
something that you felt but you didn't
00:54:05
know how to articulate and now it's
00:54:07
super Concrete in your mind or they make
00:54:09
you realize you believe something that
00:54:11
wasn't true yeah and that's when it's
00:54:13
like I you feel like you're being set
00:54:15
free totally and that's like
00:54:18
that's really exciting it's like a
00:54:19
weight vanishes
00:54:22
that's my that's what I like that's what
00:54:24
I think sales is
00:54:25
is that is that people have these
00:54:27
beliefs and you have to know like the
00:54:30
the process of being a good salesperson
00:54:31
is being able to help people break the
00:54:32
beliefs that they have about themselves
00:54:34
or about the realities that are not true
00:54:35
and so I think if you can basically just
00:54:37
unencumber somebody then it becomes very
00:54:40
easy to sell someone because if you have
00:54:42
the struggle we have the solution do you
00:54:45
believe that buying the solution will
00:54:46
get you more likely to get to the
00:54:47
outcome you want yes
00:54:49
what are we doing let's go you know what
00:54:51
I mean just but talking to that person
00:54:52
you have to Wade through all this stuff
00:54:54
but like I believe that I'd like you
00:54:56
know if I speaking that was like I
00:54:57
believe that you could start a college
00:54:58
be like you want to do it and then just
00:54:59
start from there right like depending on
00:55:01
what someone's consumed beforehand
00:55:03
um but
00:55:06
I'll tell you one of the things that's
00:55:08
that's shaped my life in terms of
00:55:09
business stuff is understanding the
00:55:12
concepts of of Leverage right and so a
00:55:14
lot of people are limited
00:55:16
um by either the skills the beliefs or
00:55:18
the traits they have right and so the
00:55:20
skill deficiency is the easiest one to
00:55:22
fix it's like go do repetitions
00:55:24
in a community of people who are also
00:55:26
doing repetitions to learn the same
00:55:28
skill and you will learn it quickly
00:55:29
right that's the thing
00:55:31
then you have traits and beliefs which
00:55:32
is a little bit more amorphous right and
00:55:35
so from a from a beliefs perspective
00:55:38
it's you need someone to tell you
00:55:39
stories that you believe to be true that
00:55:42
conflict with your view of reality
00:55:45
and then their their the evidence of
00:55:48
their story being truer than yours then
00:55:51
that it's like a frame control that
00:55:53
frame now wins and that becomes the new
00:55:55
lens that you see everything through and
00:55:57
so I had a friend who had a fitness app
00:55:59
and he was doing 20 000 a month he was a
00:56:02
CrossFit competitor really high up he
00:56:03
didn't win of course how like all he's
00:56:05
like he didn't win so he didn't want to
00:56:06
tell anybody that he acts he didn't
00:56:07
think he deserved it he didn't deserve
00:56:09
to have an app because he didn't want
00:56:10
anyone to know because he's like how
00:56:11
dare I make a fitness app because I was
00:56:14
only fourth in the world you know what I
00:56:16
mean or whatever
00:56:17
and then all of a sudden he talked to
00:56:19
somebody he got over it and then he just
00:56:21
started just telling people he had a nap
00:56:23
and he went from like 20 000 a month to
00:56:24
a hundred thousand dollars a month and
00:56:26
so it's not that his skills changed it's
00:56:27
not that his trades changed he was still
00:56:29
just as hard working same looked the
00:56:30
same Etc I was like it's just his
00:56:32
beliefs right and I'm sure in the in The
00:56:34
Entrepreneur Space one of the most
00:56:36
common traits is is Focus right people
00:56:38
can't do the same thing over and over
00:56:39
again they just do all these half built
00:56:41
Bridges and so I know for me my big
00:56:44
explosion happened in my entrepreneurial
00:56:45
Journey when I went from having nine
00:56:47
businesses that is not a misspeak nine
00:56:50
as in one less than ten at the same time
00:56:53
that I was CEO of all love so I had a I
00:56:56
had a dental agency marketing agency I
00:56:59
had a chiropractor marketing agency I
00:57:01
had gym launch where we'd fly out and do
00:57:03
gym turnarounds and then I had five gems
00:57:05
of my own Jesus at the same time
00:57:08
and I was somehow perplexed as why I
00:57:10
wasn't making any money I was there's
00:57:12
like everything was always on fire all
00:57:14
the time and I always just sold my ass
00:57:16
off enough to be able to pay all the
00:57:18
bills and have nothing left over that
00:57:19
was the that was how I rocked it
00:57:22
um and it was only you know when Layla
00:57:24
came in and she was like you know
00:57:27
I think maybe if we just did one thing
00:57:30
you could win because she was like
00:57:32
imagine imagine if all you had to do is
00:57:35
make one of these businesses work how
00:57:37
easy would that be I was like oh my God
00:57:39
if I want to make one of the mark would
00:57:40
be a joke and like I heard myself say
00:57:41
that and I was like you're an idiot
00:57:43
why are you so dumb and so like the
00:57:45
trait that I was missing at that point
00:57:46
was Focus
00:57:48
and or discipline I couldn't say no I
00:57:50
didn't have that muscle so that was a
00:57:52
trait I lacked and so it's like boom and
00:57:53
then that blew up and so it's like
00:57:54
sometimes the question is which of these
00:57:56
things do people lack
00:57:58
um and so since we don't always know
00:58:00
because we don't have the perspective to
00:58:01
judge ourselves often it's like you just
00:58:03
got to keep moving in all of the
00:58:05
directions getting in those communities
00:58:06
and then like that's ultimately like I'm
00:58:08
a big believer in the alternative
00:58:09
education space the whole Guru space
00:58:10
that everyone you know laments and hates
00:58:13
um I learned
00:58:15
everything from that space that's going
00:58:18
to go away there's always going to be
00:58:19
fake people that people will be
00:58:21
dismissive of but we're just in a weird
00:58:24
transitional moment now where
00:58:26
traditional college is people are
00:58:28
beginning to realize a some of these
00:58:31
degrees are dubious at best and then B
00:58:34
and here's the thing that breaks my
00:58:36
heart yeah a teacher 99 times out of 100
00:58:40
has gotten good at one thing teaching
00:58:42
yeah so people like why don't they teach
00:58:44
us this in high school Finance mindset
00:58:46
whatever I'm like because they don't
00:58:47
[ __ ] know like they can't do it in
00:58:49
their own life God bless them there are
00:58:51
so many things that like I'm terrible at
00:58:53
yeah and so I feel their pain they've
00:58:56
gone down the path of being an educator
00:58:57
and so what they know how to do is
00:58:59
educate but they don't necessarily know
00:59:01
Finance mindset whatever and if they did
00:59:03
they would be off doing those things and
00:59:05
so getting somebody who's expert at that
00:59:07
stuff to teach is next to impossible
00:59:08
until now yeah like when I grew up you
00:59:12
had to go to the library to like find a
00:59:15
quote or something like that right it
00:59:18
was insane how hard it would be just to
00:59:21
find a cool quote you would literally
00:59:22
just like find okay this philosopher and
00:59:24
you'd flip anything cool on this page
00:59:25
flip anything cool in this way and then
00:59:27
you would find something you'd have to
00:59:28
build like a whole argument around the
00:59:30
quote you could find yeah is crazy so
00:59:33
nowadays you're able to get like when I
00:59:36
stop and think okay hold on I've been in
00:59:38
business now for 20 plus years I've had
00:59:41
an incredible career already and feel
00:59:42
like I'm just getting started and I pour
00:59:45
my heart and soul into teaching
00:59:46
everything I know as fast as I can
00:59:48
[ __ ] talk and people can get access
00:59:51
to that with a few clicks on the
00:59:53
internet like that's bananas and so
00:59:55
enough people that have a real track
00:59:58
record are gonna put courses together
01:00:00
that then help people go on to have a
01:00:02
career you know one of the things that
01:00:03
happened recently I had this like big
01:00:05
Epiphany moment so I'll share it with
01:00:06
you but I was um I was talking to Caleb
01:00:09
my video my my man
01:00:12
um and he was like you know I I've I'm a
01:00:15
competitive person
01:00:16
um and so I look at the the grants and
01:00:18
the garys and stuff I'm like man by the
01:00:20
time I'm back at their age I was like
01:00:21
I'm going to be way ahead of them right
01:00:23
and I think it was Kayla who said it
01:00:25
back to me he's like yeah he's like yeah
01:00:26
but
01:00:27
Gary didn't have Gary hmm
01:00:30
I like it like really like hit me right
01:00:33
and so I think that there was because
01:00:36
you know there's gen Z that's coming up
01:00:37
and whatnot there's always these
01:00:38
disconnects and there's there's I don't
01:00:40
see Wars there's conflict between age
01:00:42
groups Etc and the old guys are like
01:00:45
these kids don't know what I had to go
01:00:47
through they've got it so easy right and
01:00:49
these guys are like these guys I was
01:00:51
just saying three minutes ago yeah these
01:00:53
guys are out of touch right but at the
01:00:54
flip side if you ask an entrepreneur
01:00:55
what his goal is he's the work make the
01:00:57
world a better place to have an impact
01:00:59
Etc and it's like well if you want to
01:01:01
make the world a better place doesn't
01:01:02
that mean the Next Generation has it
01:01:04
easier
01:01:05
like doesn't that mean we did our job
01:01:08
and so there's this this Con this
01:01:10
competition that I used to feel towards
01:01:12
like the older classmen if you know like
01:01:14
think about it like entrepreneurial
01:01:15
grades I should be like I'm gonna be
01:01:16
further faster or whatever by that time
01:01:19
than that guy is but lo and behold those
01:01:22
guys helped me so of course it would
01:01:25
make sense that I get there faster and
01:01:26
like I'm sure you've like there are guys
01:01:28
in their in their mid-20s with
01:01:30
nine-figure companies that and they're
01:01:32
killing it and that wasn't it just
01:01:34
wasn't
01:01:35
how do I say it wasn't possible it was
01:01:37
extremely extremely extremely unlikely
01:01:39
20 years ago yeah right but because of
01:01:42
the access to information the
01:01:43
information's out there and so somebody
01:01:45
who's 26 can have the experience of
01:01:48
somebody who's 60. yeah 20 years ago so
01:01:51
they can be as good at the game Real
01:01:53
Talk as good at the game as somebody
01:01:55
that much older it's because they've had
01:01:56
Warren Buffett videos they've been able
01:01:58
to watch
01:01:59
their whole High School about finance
01:02:02
and investing and Charlie marker talking
01:02:03
about character traits and all these
01:02:04
things that you wouldn't you didn't have
01:02:06
you know what I mean like you might have
01:02:08
the shareholder letter and that's all
01:02:10
you got you just had to keep rereading
01:02:11
it right and so anyways it's been a
01:02:14
really interesting shift for me to also
01:02:15
think about the fact that
01:02:17
a lot of times we think like I want to
01:02:18
be the greatest of all time I'm sure a
01:02:20
lot of people do right whatever
01:02:21
but if I did my job I won't be
01:02:26
because somebody else will be better
01:02:28
than me if I did my job yeah and so that
01:02:30
was like a really interesting point that
01:02:33
I feel like shifted inside of me in
01:02:34
terms of a competition and thinking like
01:02:36
I shouldn't be competing against these
01:02:38
guys who are ahead of me I should be
01:02:39
thanking them because of course I'm
01:02:41
going to be there sooner faster than
01:02:43
them I was like because I had them and
01:02:44
they didn't have them they were just
01:02:46
doing both
01:02:48
because you should want to [ __ ] Crush
01:02:51
all of us
01:02:53
dude you're on such a rad pace and
01:02:56
here's the thing the older guys owe it
01:02:58
to themselves to to be thrilled that
01:03:01
business is a sport that you don't have
01:03:03
to age out of yeah so my knees going bad
01:03:05
doesn't [ __ ] matter in business yeah
01:03:06
and I should be able to capitalize on
01:03:08
all the things that I know and all that
01:03:10
so I should be able to keep going until
01:03:12
I run out of desire to do all this but
01:03:15
my thing is I don't want people to give
01:03:16
up on competition so I used to be afraid
01:03:18
of competition because I sucked and I
01:03:20
didn't think I could get better so with
01:03:22
a fixed mindset okay competition was not
01:03:24
interesting I there's only one thing
01:03:26
that I've ever gotten a disproportionate
01:03:28
return on and that is speaking so I've
01:03:31
always been highly verbal yeah but when
01:03:34
I was coming up ah how do you do
01:03:36
something with that yeah I didn't want
01:03:38
to be an actor so it was like well there
01:03:40
wasn't a lot of avenues it's obviously
01:03:42
changed and I've been able to capitalize
01:03:44
on it right now that once once I had uh
01:03:47
something to say and a camera I wasn't
01:03:49
an idiot I'm like I am so verbal I will
01:03:52
perform very well on camera that was
01:03:53
highly strategic nobody should feel bad
01:03:55
for me so it's like cool I got to
01:03:57
finally leverage that Talent so
01:03:59
I love that the Young Bucks are coming
01:04:01
up yeah it feels so rad my whole thing
01:04:04
is I have had to learn everything the
01:04:06
hard way it's just the way that I'm
01:04:07
wired whatever so it Stokes me out to be
01:04:11
able to go okay I learned this through
01:04:13
Blood Sweat and Tears a massive amount
01:04:14
of pain and suffering I'm gonna tell it
01:04:16
to you as fast as I can [ __ ] talk
01:04:18
I'll do it for free like yes I have my
01:04:20
page [ __ ] but I'm also like it's not
01:04:21
like I'm holding anything back right now
01:04:23
so I will give people all the
01:04:25
information and my hope is that you come
01:04:27
up but be aware I want to compete I want
01:04:30
to be on the field I want these young
01:04:31
guys who think they can check a job like
01:04:33
all right [ __ ] like we're in
01:04:34
this let's go but it's a light energy
01:04:36
it's an expansive energy like if
01:04:38
somebody beats me passes me whatever
01:04:40
cool I'm all for it as long as you're
01:04:43
down for me to be on the field and go as
01:04:44
hard as I can and want to win and
01:04:46
constantly push myself like it's fun
01:04:49
because I no longer one I know what
01:04:52
success is and people end up trapping
01:04:54
themselves thinking it's money all that
01:04:56
[ __ ] like they have a very painful
01:04:58
Awakening mean coming their way which I
01:05:00
had to live through and then also it's
01:05:03
like being able to play is fun man and
01:05:07
so if you lose sight of the fun and
01:05:10
you're just worried like oh is somebody
01:05:11
better than me are they outperforming me
01:05:12
whatever
01:05:13
you're gonna miss out I would say the
01:05:16
the um the both sides of it right you've
01:05:18
got the guys who are ahead who I used to
01:05:20
be like I'm gonna do all this right and
01:05:22
the guy's behind them like they're so
01:05:24
lucky right if only I had right that
01:05:26
that thinking and I feel like at least
01:05:28
it was just that that little quote like
01:05:30
Gary didn't have Gary like that thought
01:05:32
process for me I feel like for me
01:05:35
like my competitive drive's never going
01:05:37
anywhere like it's going to be there
01:05:38
forever but the I feel like I was able
01:05:40
it was more like doing honor to the game
01:05:43
yeah that I'm going to bring to
01:05:45
transform my potential into reality and
01:05:47
drag it by the [ __ ] balls if I have
01:05:48
to to make it happen
01:05:50
like it was more to honor the game and
01:05:53
all the other players in it yep rather
01:05:55
than me trying to like and it almost
01:05:56
felt small-minded be like why am I going
01:05:58
to pick this guy to compete against like
01:06:00
how about just
01:06:03
doing a service to the game about being
01:06:06
an excellent player
01:06:08
I love that as long as you don't lose
01:06:10
sight of the whole Kobe thing like what
01:06:12
made Kobe so interesting to me yeah was
01:06:15
that he was just die hard dude yeah and
01:06:17
so I'm not a sports guy so never really
01:06:20
thought about Kobe like that yeah but I
01:06:22
was so inspired by the way he would talk
01:06:24
about things I never got to meet him
01:06:26
which I'm absolutely mortified by but
01:06:28
the way he talked about everything I was
01:06:29
like wow what a [ __ ] competitor like
01:06:31
and as I had gotten older and really
01:06:33
learned the power of competition and
01:06:35
being willing to put myself out there
01:06:36
and go For Broke and like really find my
01:06:38
limits right and I want to die like I I
01:06:41
can already tell you just the way that
01:06:42
I'm wired I will be horrified by the the
01:06:46
personal limitations that I have because
01:06:48
we all do we're 50 hardwired 50
01:06:50
malleable I'm gonna do the most that I
01:06:52
can with my malleable I'm already
01:06:54
traumatized by my limitations right but
01:06:56
like you know I'm going for it but so
01:06:58
watching Kobe I was like damn like I'm
01:07:01
so inspired by the willingness to push
01:07:04
yourself that hard to see like what do I
01:07:07
have in me yeah
01:07:08
and then that [ __ ] went from
01:07:10
basketball into my Arena and he came
01:07:12
into film
01:07:13
and his first film he won an Academy
01:07:16
Award now I was like this [ __ ] guy
01:07:20
but I was so inspired right and so I may
01:07:23
be misinterpreting what you're saying
01:07:24
but what hits me is Caleb's comment took
01:07:27
it from maybe a bit of a dark energy to
01:07:30
like oh that's actually pretty rad that
01:07:32
I had an advantage that he didn't have
01:07:34
it makes me appreciate the game makes me
01:07:36
want to play with honor and honor these
01:07:37
guys so it becomes this expansive thing
01:07:39
but I would expect you to dunk on me if
01:07:42
you can right and then be like help me
01:07:44
out bro let's run the All-Star Game you
01:07:46
know it's all good like we both [ __ ]
01:07:47
made it but at the same time like yeah
01:07:49
I'm gonna be trying to dunk on you you
01:07:51
know what I mean but like with a smile
01:07:53
and like a handshake and the way that
01:07:55
you hear like the guys that were on that
01:07:57
first Dream Team yeah talk about each
01:07:59
other and like repping the country which
01:08:00
is to me what you say when you want to
01:08:02
honor the game it's like hey
01:08:04
we're [ __ ] repping something in that
01:08:06
case America yeah basketball yeah
01:08:09
but we're here to win but we're also
01:08:11
here to have fun and like that's my
01:08:13
thing and what I always tell whether
01:08:16
you're trying to be an entrepreneur or a
01:08:17
better parent whatever is you've got to
01:08:19
optimize for the game still being fun
01:08:22
when you're losing yeah if you can't
01:08:24
have fun when you lose oh man my heart
01:08:26
bleeds for you because you're gonna lose
01:08:27
so often it just is what it is yeah even
01:08:30
people that win you just lose so many
01:08:32
times whether it's a just a lead funnel
01:08:34
that didn't work or you go up on stage
01:08:35
and it [ __ ] bombs whatever but
01:08:37
there's going to be a lot of losing in
01:08:39
your career it's like Jordan's whole
01:08:40
thing about I've lost this many games
01:08:42
taking this many winning shots in this
01:08:43
law and I succeed because of all of that
01:08:46
right so you've got to be able to have
01:08:48
fun in the loss because I can guarantee
01:08:50
the struggle I can't guarantee success
01:08:53
so you've got to be able to love that
01:08:55
but if you love that there is something
01:08:56
about going for broke that I'm so
01:08:59
honored by even though that means that
01:09:01
people are gunning for me yeah
01:09:03
it's worth it it's funny because when I
01:09:06
think about that I think about game
01:09:07
theory in general which I'm sure you're
01:09:09
very familiar with right and so it's um
01:09:12
it's shifting from like the finite to
01:09:13
the infinite perspective and so like how
01:09:17
do you win at business
01:09:18
you win by not stopping yep like from an
01:09:21
infinite from an infinite you know what
01:09:22
I mean and so
01:09:24
um that's always been one that's that's
01:09:25
been interesting to me but I'm I'm super
01:09:27
open to uh to what you're saying with
01:09:29
the uh the competitiveness piece
01:09:33
um and I probably share some of the
01:09:34
similar things to you of I guess when
01:09:37
you were younger or at least my age
01:09:38
right
01:09:39
um
01:09:40
trying to trying to take the good of
01:09:43
competition and cast out the bad of
01:09:45
competition and so trying to like
01:09:47
separate those things and I think this
01:09:48
has been part of my attempt at doing
01:09:50
that is reframing the game in that way
01:09:53
um
01:09:54
and trying to look at it from the
01:09:55
infinite perspective of like there is no
01:09:57
number one
01:09:59
like they're like is it is it because
01:10:00
because if you're saying number one you
01:10:02
say of what year over what time that's
01:10:04
exactly right right is it by what metric
01:10:06
is a buyer net worth is my cash flow is
01:10:08
it by age age by net worth buy per unit
01:10:10
of time you know what I mean if Warren
01:10:12
Buffett had died at 74 no one would care
01:10:13
right and I would just give people the
01:10:15
punch line all that matters is how they
01:10:17
feel about themselves and by themselves
01:10:18
that's it please only chase that now
01:10:21
when you're chasing that at a grand
01:10:24
scale it's amazing because you're like
01:10:25
whoa here
01:10:27
dude yeah I'm so curious to see if you
01:10:30
agree with this so here's my whole
01:10:32
thesis on life so first of all Chase
01:10:35
fulfillment it's the only thing that's
01:10:37
stable across Joy and Pain yeah process
01:10:40
yep and then the best thing that life
01:10:44
has off you the [ __ ] best there is no
01:10:47
emotional Peak higher than the following
01:10:50
you're working really hard at something
01:10:53
and it's working and if you pull this
01:10:56
off there there's huge upside yeah that
01:10:59
moment it's better than the actual huge
01:11:01
upside like the the moments in my life
01:11:04
where I'm like climbing it this perilous
01:11:08
Cliff I'm [ __ ] looking down my
01:11:10
fingers are just ice cold right and I'm
01:11:12
I'm just clinging but I'm like [ __ ] I'm
01:11:14
making good progress like I've really
01:11:15
come a long way I can see the peak it's
01:11:17
not that far and if I get up there
01:11:19
there's like a crazy Vegas buffet and an
01:11:23
orgy and it's like oh my God if I
01:11:25
[ __ ] get there this is gonna be the
01:11:27
best yeah it's actually better than the
01:11:30
buffet in the origin you know what I
01:11:31
mean it's like it's that moment where
01:11:32
you're like your fingers are freezing
01:11:34
but you're gonna make it like that's the
01:11:36
[ __ ] juice and so hey enjoy the food
01:11:39
enjoy the orgy they're incredible but I
01:11:41
promise as soon as they're over you're
01:11:43
gonna be like where is that next thing
01:11:44
that I can get my [ __ ] fingers
01:11:46
freezing to death again
01:11:47
it just is that's the Human Condition
01:11:49
and when people understand the game when
01:11:53
you understand that I can never take a
01:11:56
drink so thirst quenching that I'll
01:11:57
never need another drink again there's
01:11:58
no meal so amazing that you'll never be
01:12:02
hungry again there's no sex so good that
01:12:03
you'll never want sex again it just
01:12:05
that's just the way the human animal is
01:12:06
wired like when people are at peace with
01:12:09
that ugh
01:12:11
like then now you've really got a shot
01:12:14
at loving your life understanding the
01:12:17
cycles and that you're gonna keep doing
01:12:20
the climb and so you better love the
01:12:21
climb
01:12:23
I love the uh
01:12:25
the that moment before the moment
01:12:27
that was like I was I was thinking as
01:12:29
you were saying I was thinking back to
01:12:30
like the few of those moments that I've
01:12:32
had like the first time you know you
01:12:34
start running ads and like you start
01:12:35
getting your first lead you're like holy
01:12:37
[ __ ] it's working yeah like it's that
01:12:38
you know I mean that moment or the first
01:12:40
I remember uh when I got uh I hired my
01:12:43
first sales person and they closed the
01:12:45
sale and I wasn't there so as the first
01:12:47
person that had made me money who wasn't
01:12:49
me yeah and I was like I pulled over the
01:12:51
side of the road and I teared up because
01:12:52
I was like
01:12:54
it doesn't have to just be me anymore
01:12:55
you know what I mean it's like I was
01:12:57
thinking about all these these moments
01:12:58
that I've had
01:13:00
um I remember when we were Layla and I
01:13:02
were sitting over the kitchen counter
01:13:03
and we had just switched from uh flying
01:13:07
out a sales team in person to do these
01:13:08
turnarounds uh to switching the
01:13:10
licensing and
01:13:12
um
01:13:13
I got on the phone to tell the guys who
01:13:14
I was gonna launch the next month that
01:13:16
we weren't going to do that anymore
01:13:17
we're thinking about switching
01:13:18
directions and so I said hey you know
01:13:19
what I can't do it but I'll I'll tell
01:13:21
you how I do it but I'm not flying out
01:13:23
there anymore and they were like oh
01:13:24
that's fine how much and I didn't want
01:13:26
to do it so I picked a super high number
01:13:27
and then uh which was six thousand
01:13:30
dollars at the time and uh the guy said
01:13:32
yes and I was like and I remember that
01:13:34
moment being like holy [ __ ] what just
01:13:36
happened and I had seven more calls a
01:13:38
day and like that day I made like sixty
01:13:40
thousand dollars and I had just been
01:13:43
un like the story I was telling Let's Go
01:13:45
full circle like I just been completely
01:13:47
broken like in that moment like Jim
01:13:48
launch hadn't been created yet there
01:13:50
wasn't you know all these other things
01:13:51
but in that moment I was like what if
01:13:53
this keeps happening like are we out of
01:13:57
it like did or like did we finally is
01:13:59
this the one thing that's finally gonna
01:14:00
get me out of like failure after failure
01:14:02
after failure after failure and so it's
01:14:04
just like at what is the what is the
01:14:06
event that gives you the biggest
01:14:08
predictor of the future success so like
01:14:10
there's micro wins of like hey the
01:14:12
funnel's working I've got leads and then
01:14:13
you have like a day of huge sales like
01:14:15
what if this happened every day and then
01:14:17
maybe you exit Quest and you're like
01:14:18
what if I exit five more times you know
01:14:20
I mean like so anyways I was just that
01:14:22
was really cool for me just even
01:14:23
thinking through like those those
01:14:26
snapshots of moments
01:14:28
yeah it's very incredible and you start
01:14:30
to learn like okay what is it that I
01:14:33
really love yeah and so for me when we
01:14:36
were at Quest and selling it and it was
01:14:39
huge and it changes your life and I mean
01:14:41
it was really bad and here's going back
01:14:43
to money so Quest ended up being two
01:14:45
bites of the Apple there was like a
01:14:47
first bite where we took a small
01:14:49
investment but the valuation was so big
01:14:50
it was life-changing yeah that was the
01:14:53
the biggest like Oh My God moment
01:14:56
because I went from uh my wife and I
01:14:58
share one car it's a beat up Ford Focus
01:15:01
with a leaky exhaust borrowing rides off
01:15:03
my employees who had nicer cars me
01:15:06
delaying gratification and all of that
01:15:08
going from that to I now have a Beverly
01:15:11
Hills mansion that was the crazy moment
01:15:14
when I went from my starter Mansion to
01:15:16
my big mansion that wasn't as cool no it
01:15:19
wasn't his need of a moment even though
01:15:20
it was actually a bigger dollar amount
01:15:23
change it wasn't as like whoa I really
01:15:28
feel this change
01:15:30
and then thankfully I learned actually
01:15:32
when I was still not really making money
01:15:34
on paper I was worth two million dollars
01:15:36
yeah but I learned very quickly a the
01:15:38
money's not making me feel better about
01:15:40
myself which I secretly thought it would
01:15:42
uh and then also there's a big
01:15:44
difference between paper money and real
01:15:45
money yeah
01:15:46
um but I learned that lesson so I never
01:15:49
tied my sense of self-worth to the money
01:15:52
or anything like that which is something
01:15:54
I constantly remind myself now not to
01:15:56
let my identity get tied up in that
01:15:58
because the world reflects that back to
01:16:00
me all the time right so whether it's um
01:16:04
oh you sold a billion a company for a
01:16:06
billion dollars or uh amazing house or
01:16:09
even just oh my God like what you've
01:16:11
built socially it's incredible it's like
01:16:13
I have to really disconnect from that
01:16:15
because I'm like all of that is
01:16:17
transient it's all transient I have no
01:16:20
idea if any of it will be here tomorrow
01:16:22
so it's like you have to be really
01:16:25
thoughtful what is it you think about
01:16:27
yourself when you're by yourself what do
01:16:30
you think about that like now you've
01:16:32
been on both sides of the coin you've
01:16:34
changed your physique which is a big
01:16:36
thing but you change it so early
01:16:38
that I wonder how do you think about
01:16:40
yourself what's your self-image
01:16:45
what's it anchored to
01:16:49
I think anyone's harassment I don't know
01:16:52
I think it's um
01:16:53
unless unless I'm misunderstanding the
01:16:55
question but you know for me it's
01:16:58
I think a lot of my definitions have
01:16:59
been defined by my actions and so I am
01:17:03
the person who has done these things and
01:17:05
I will do things that will get me closer
01:17:08
to the things that I want to achieve
01:17:10
and so a lot of my definition of self
01:17:12
has always been based on evidence and so
01:17:15
I think it was harder for me in the
01:17:16
beginning because I didn't have evidence
01:17:17
to support what I hope to be true about
01:17:20
myself which at the time wasn't
01:17:22
and so and what did you hope to be true
01:17:24
that you could figure it out or was it
01:17:26
always a result that you Associated it
01:17:29
to I mean it was I want to make more
01:17:31
money than my dad you know I mean that
01:17:33
was that was the thing you know for me
01:17:34
and that was that was all I needed you
01:17:36
know what I mean I didn't I didn't have
01:17:37
there was I remember thinking
01:17:40
uh in college because I you know it
01:17:43
you're young in college and it's like be
01:17:45
happy and all that stuff and I just
01:17:46
remember being like [ __ ] happiness and
01:17:48
that was like a moment for me I was like
01:17:49
[ __ ] happiness I don't care about
01:17:51
happiness I want to do this why didn't
01:17:54
you care about happiness that's very
01:17:55
counterintuitive even now super
01:17:57
counterintuitive at that age yeah
01:18:00
um because I was obsessed with how not
01:18:02
happy I was and so so the things you
01:18:06
were doing that weren't designed to make
01:18:07
you happy that's what's weird so I was I
01:18:09
was so obsessed with like positive
01:18:11
psychology and I was reading all these
01:18:12
stuff and watching these TED Talks I
01:18:13
remember the whole I remember this whole
01:18:14
period of My Life
01:18:16
um and I was constantly assessing my
01:18:18
mood as a determination whether I was
01:18:20
happy or not it became so obsessive that
01:18:22
I was just like [ __ ] all of this I was
01:18:24
like I'm just gonna do [ __ ] and
01:18:27
that's all I was like I'm just gonna do
01:18:29
[ __ ] and hopefully it works out and did
01:18:33
you ever Define what works out means if
01:18:35
it isn't happening be less be less
01:18:37
unhappy I would say was my my thought
01:18:39
process it's which is like I'm just
01:18:40
gonna do the things and so I shifted
01:18:43
from a lot of introspection internal
01:18:46
mood regulation and thinking and stuff
01:18:48
and I think a lot of the reason that I
01:18:50
have the World Views I have about you
01:18:51
know emotions and whatnot have come from
01:18:53
this kind of initial experience so it's
01:18:55
like I had that and then I just started
01:18:58
working and then I found myself
01:19:00
actually looking up after you know a
01:19:03
decent period of time being like you
01:19:04
know I'm actually I haven't thought
01:19:07
about happiness in a long time
01:19:09
and
01:19:10
I think I might be
01:19:12
and so I also don't really like the word
01:19:14
happiness because it's circumstantial
01:19:15
versus Joy but like I experienced Joy
01:19:17
significantly more now than I did than
01:19:20
when I was younger and I think it's
01:19:21
partially because like you can be
01:19:22
mournful and enjoy but we'll have to say
01:19:24
like so like if someone imagine someone
01:19:27
like it's like an appreciation of The
01:19:30
Human Experience
01:19:31
like this is terrible but like even like
01:19:35
even in the suffering there's Beauty in
01:19:37
that you know what I mean because it's
01:19:39
purely human yeah and so I think it was
01:19:42
disconnecting interesting that that it
01:19:44
matters to me as well but I've never had
01:19:46
to articulate it what what is the
01:19:49
connection to like The Human Experience
01:19:51
that is so
01:19:53
valuable that it's joyful even in
01:19:56
mourning I think it's just understanding
01:19:57
both sides of the coin I feel so like so
01:20:00
like if there's a few things that I
01:20:01
believe it is that is that like
01:20:04
uh right now they're you know there's
01:20:06
things in my life that I don't like that
01:20:07
I wish were better and there are things
01:20:08
in my life that I really like and you
01:20:10
know 10 years ago it was the same way
01:20:11
and 10 years from now it'll be the same
01:20:13
way and when I die there will be stuff
01:20:14
that I will not have accomplished that I
01:20:16
will wish I had there will be things
01:20:17
that I wish I had done better that I
01:20:19
will not have done and there will be
01:20:20
things that I have done that I am proud
01:20:21
of and so like those things are not
01:20:23
going to change and so if
01:20:25
the only thing I mean this sounds
01:20:27
hopefully not overly tried but it's like
01:20:28
all I can do is just enjoy the game and
01:20:30
it took me a really long time to get
01:20:32
there like it took me a really long time
01:20:33
to get there um or at least it felt that
01:20:35
way or at least it felt like I suffered
01:20:37
a lot on that process which is why I
01:20:39
have a heart for people who are like
01:20:40
dude I'm you know I'm super sad I'm
01:20:42
super depressed whatever it is because I
01:20:43
judge myself so much on not being happy
01:20:45
all the time because I thought there was
01:20:47
something wrong with the fact that I
01:20:48
wasn't happy that I drove myself insane
01:20:49
not being happy rather than just being
01:20:52
like you know what maybe I'm just gonna
01:20:53
do the stuff and just [ __ ] happiness for
01:20:56
a minute and so I think it's like when
01:20:58
we have these uh like am I happy am I
01:21:00
not happy I think my my opinion is that
01:21:04
you you have to rise above it
01:21:06
so that you can just see you can feel
01:21:08
the Spectrum which is just being present
01:21:09
because I think again Alex's two cents
01:21:13
um have been around that long uh
01:21:16
if you are present you can you're
01:21:19
present like most people aren't present
01:21:21
ever and so it's like if I can just be
01:21:22
present even in my suffering I'm there
01:21:25
right then I can experience joy for
01:21:28
being human and having this experience
01:21:30
that I only get once and
01:21:33
the biggest frame shift that I've had in
01:21:35
terms of my experience of living has
01:21:37
been it's it sounds it sounds weird but
01:21:39
it's
01:21:40
so I call the grandfather frame which is
01:21:43
I learned how to become apathetic right
01:21:45
because that that took that took me time
01:21:47
to stop feeling pain you know how the
01:21:49
brain tries to predict the next word
01:21:50
somebody's gonna say apathetic was not
01:21:52
the word I was expecting you had to
01:21:54
learn to be apathetic yeah because I
01:21:55
cared so much about everything cared
01:21:56
about what everyone thought cared about
01:21:57
but I like like I cared about what
01:22:00
everyone thought and I probably still do
01:22:01
just less you know what I mean I still
01:22:03
do care just less right and so the frame
01:22:05
of the veteran taught me that which is
01:22:07
if this negative thing were to happen a
01:22:08
thousand times over and over and over
01:22:10
again how would I feel in the thousandth
01:22:11
time well probably not that bad well why
01:22:14
don't I just choose to feel that way now
01:22:15
right
01:22:17
and so that really helped me a lot just
01:22:19
the frame of the veteran right whether
01:22:20
it was traffic whether it was a breakup
01:22:22
whether like whatever it was I could
01:22:23
apply that like I got broken up with
01:22:24
every single day for a thousand straight
01:22:26
days
01:22:27
how much would have bought it
01:22:29
I'd still be here you know okay
01:22:32
and then I was like is there a way that
01:22:33
I can think of a frame that would allow
01:22:34
me to feel gratitude because it's
01:22:36
something that I've I've struggled to
01:22:37
feel right like I definitely get the
01:22:39
drive feeling got that one done in
01:22:41
Spades but gratitude not so much right
01:22:42
I've done the habits and things like
01:22:44
that and for me it didn't work I say it
01:22:46
doesn't just for me and so I thought of
01:22:49
this Frame which was I call the
01:22:50
grandfather frame but
01:22:52
waking up if I went into a time machine
01:22:54
I'm 85 years old right I'm like close to
01:22:56
dying a little creaky you know I've got
01:22:57
tons of money not a lot of time and I
01:23:00
somehow sacrifice all the money I have
01:23:02
just to be my age again as I wake up in
01:23:05
the morning and I'm my 85 year old self
01:23:07
living through my 30 year old body and
01:23:11
thinking through that frame of how I
01:23:13
would wake up and be like Oh my elbow's
01:23:16
daughter oh look I have muscles I
01:23:17
haven't had those in forever right now
01:23:19
look I'm like oh Layla she's so young I
01:23:21
remember when she used to look like this
01:23:22
and I look outside and I'm like man this
01:23:25
is Vegas before they did all the
01:23:26
helicopters and the flying cars I'm like
01:23:28
look at it God has changed so much right
01:23:31
then you walk downstairs you get like
01:23:33
man coffee ah look at these mugs
01:23:36
remember we had mugs didn't that crazy
01:23:38
and so it's this weird frame where it
01:23:41
just drills you it just begs you to the
01:23:43
present
01:23:44
and you get to experience the current
01:23:46
state from a future state
01:23:48
for the first time and so it's been one
01:23:50
of the things that's been really
01:23:51
profound for me in terms of like dealing
01:23:52
with dressers with getting into like
01:23:54
when I get into one of these like my
01:23:55
hold on
01:23:56
I'm 85 I'm waking up like all of a
01:23:59
sudden I'm like I remember when I used
01:24:01
to stress about these business things I
01:24:02
was like it works out it's fine and if
01:24:04
it doesn't who cares I was like I'm
01:24:06
gonna be 85 I'm gonna die I'm gonna give
01:24:07
all my money away who cares and so and
01:24:10
I'm like but isn't this cool that I'm
01:24:11
like look at me all trying to play the
01:24:13
game you know my God bud and so it's
01:24:16
like it gets me into this really
01:24:17
interesting place where I can feel like
01:24:19
I can get above myself in the game and
01:24:21
just be like
01:24:23
and I I think for a lot of people if
01:24:25
they can
01:24:26
those frames have served me very well
01:24:28
and I hope that other people can use
01:24:30
those in some way in their life to do
01:24:32
stuff that they weren't otherwise going
01:24:33
to do
01:24:34
um so that was the that's my my two
01:24:36
frames that have certainly wrong do
01:24:38
frames of reference is everything this
01:24:41
is actually what started impact theory
01:24:44
in the iteration that it became
01:24:47
So macquest and I've got a thousand
01:24:50
employees that grow up hard in the inner
01:24:51
cities but intelligence is evenly
01:24:54
distributed right so just like you have
01:24:56
Dumb Friends in an upper middle class
01:24:58
neighborhood you can have Dumb Friends
01:24:59
in the inner city but just like you have
01:25:01
Smart friends you're gonna have Smart
01:25:02
friends and so there were plenty of
01:25:04
people that I was like damn like you are
01:25:06
smart yeah but your frame of reference
01:25:09
is stupid yeah and the way that you view
01:25:11
the world is so ineffective meaning it
01:25:15
doesn't move you towards your goals or
01:25:16
your goals are idiotic yeah and and I
01:25:19
mean that if your goals lead you to
01:25:21
suffer and you don't want to be
01:25:23
suffering yeah I would say it's very
01:25:25
plain that your goals are idiotic so
01:25:27
anybody that that wants to write in the
01:25:29
the feed that you know oh you can't
01:25:31
judge somebody's goals yes I can very
01:25:34
much so uh because you either have goals
01:25:36
and you're moving towards them or you
01:25:37
don't and you're not
01:25:38
and so I'm looking at it and I'm like
01:25:40
wow this is a mindset problem this isn't
01:25:42
a an intelligence problem you have the
01:25:44
ability to process raw data which is how
01:25:46
I'll I'll say intelligence is and they
01:25:49
have that but the software that they use
01:25:52
to process that raw data leads to such a
01:25:55
bizarre frame of reference for how the
01:25:57
world works or what they're capable of
01:25:58
that their behaviors become ineffective
01:26:00
yeah so I was like okay so the thing I'm
01:26:04
going to try to do is help people change
01:26:06
their frame of reference now I used two
01:26:09
really potent frames of reference for me
01:26:10
one is very similar so I'll use a um a
01:26:15
deathbed frame of reference to say okay
01:26:17
how will I think about this now I don't
01:26:19
get trapped though because I don't live
01:26:21
for my deathbed I think that's a mistake
01:26:23
and I think a lot of people optimize for
01:26:25
something they're going to go through
01:26:26
maybe it lasts a week maybe it lasts a
01:26:28
year but it isn't the bulk of your life
01:26:30
yeah and so to over optimize for that I
01:26:32
think is a mistake but to get the
01:26:33
perspective of like oh my God I remember
01:26:35
when I used to stress about that like
01:26:37
come on this doesn't mean anything when
01:26:38
you're facing your mortality so that's
01:26:41
super useful
01:26:42
um and then the other frame of reference
01:26:45
that I use is the brain in a vat okay
01:26:48
and so I'm like imagine that you're just
01:26:50
a brain in the vat and that this thing
01:26:52
you're really stressing because normally
01:26:53
you're going to be worried about
01:26:54
something that that happened or you're
01:26:56
obsessing about something that happened
01:26:58
and what makes you think about or it
01:26:59
could be the future but either case you
01:27:01
can't change either of them
01:27:03
because one's not real and one's in the
01:27:05
past
01:27:06
and I was like what if they're saying
01:27:07
that I'm really worried about that's
01:27:09
already happened that I can't change is
01:27:10
really just context for this brain in
01:27:13
this you know vat living in a simulation
01:27:15
to just to get you moving and that all
01:27:18
these memories that are trapping you
01:27:19
they are fake yeah and there's something
01:27:23
about that that lets me off the hook I
01:27:25
don't need to beat myself up over it
01:27:26
it's just a frame of reference it's
01:27:28
context to get me moving yeah and then I
01:27:30
remind myself I actually am just a brain
01:27:32
in a vat it just happens that the the
01:27:34
vat is the chemicals that you know my
01:27:36
brain is sitting in and the glass of
01:27:39
that jar is my skull and so all of this
01:27:41
really is a simulation even if it's it's
01:27:45
an accurate simulation it's a simulation
01:27:47
nonetheless yeah and I won't derail the
01:27:50
whole conversation on that but like it's
01:27:52
it's very easy to recognize that the
01:27:55
world really is a simulation because
01:27:56
reality is the number of photons falling
01:27:58
on an object but you perceive it as
01:28:00
color or whatever not math and so
01:28:05
putting myself in either of those like
01:28:07
hey this isn't really going to matter at
01:28:09
some point and oh that thing that's
01:28:11
creating your sense of identity it could
01:28:13
be made up anyway I don't think it is
01:28:14
but like it's very helpful to remind
01:28:16
myself that those are malleable things
01:28:21
that's been
01:28:23
I mean when we started the conversation
01:28:26
it was like why do you think people
01:28:29
aren't successful why do you think
01:28:30
people fail and it's I think it comes
01:28:33
down to those things it's like it's the
01:28:34
it's the fear of photons that fall on an
01:28:38
object that prevent people from starting
01:28:40
or when they do get hit one time
01:28:43
extrapolate that out till their deathbed
01:28:46
and say I will fail forever and
01:28:48
therefore I will not continue and so I
01:28:50
think that those like those frames are
01:28:52
the things like if there's things that I
01:28:53
would take with me until I die it will
01:28:55
be the frames because like you can lose
01:28:56
it all and then you like if you lost
01:28:58
everything tomorrow you'd be back in 12
01:29:00
months you know what I mean
01:29:02
um and it's like that's I remember when
01:29:04
I lost everything the
01:29:06
second time
01:29:09
um and I you know I just lost all the
01:29:11
gyms and all the money and everything
01:29:12
and I it was just like thinking that
01:29:14
that was the thing that I had lost
01:29:16
rather than the thing that I had gained
01:29:18
that was non-material being the more
01:29:21
valuable of the two
01:29:23
um that was like one of my big lessons
01:29:25
and I feel like you obviously have far
01:29:26
more of those than I do but that that
01:29:28
one stuck with me it's interesting I
01:29:30
have a a slightly different belief based
01:29:33
on all that or at least way that I look
01:29:34
at it which is if I lost everything
01:29:36
tomorrow I might not ever gain it back
01:29:38
it's entirely possible now I think I
01:29:40
have a set of skills I'm never going to
01:29:41
worry about money and all that but
01:29:44
I really life has taught me that I
01:29:46
cannot guarantee myself the success
01:29:48
because I failed multiple times at
01:29:50
businesses so it isn't like oh it's
01:29:52
guaranteed because I've had a success
01:29:54
before it's guaranteed I'll never go
01:29:55
hungry barring head trauma but it is you
01:29:59
know it's it's an unknown and that's why
01:30:01
I'm very careful not to let that be my
01:30:04
Identity or like I don't know if you've
01:30:05
ever read Stephen King's book The Stand
01:30:08
however that one oh my God so there's
01:30:10
this thing I'm so glad I read this when
01:30:12
I was a kid because so one of the main
01:30:14
characters is a guy who's just finally
01:30:17
gotten famous as a singer and this is
01:30:20
back I've read this probably late 80s so
01:30:23
getting famous was like the most insane
01:30:26
thing you could do getting rich was Far
01:30:28
easier than getting famous and so he
01:30:30
finally got famous his songs everywhere
01:30:32
on the radio and then the end of the
01:30:33
world happens and nobody cares
01:30:35
and I remember thinking whoa like you
01:30:39
could achieve that thing The Impossible
01:30:41
thing and then the next day it's just
01:30:43
gone yeah and so especially at the
01:30:45
moment we're living in now where there's
01:30:47
a lot of uncertainty I'm just like don't
01:30:49
tie your sense of Worth or uh the
01:30:54
thoughts you think are um useful because
01:30:56
they have resulted in wealth the
01:30:59
thoughts that I think are useful because
01:31:01
they've resulted in fulfillment that's
01:31:03
the thing like I really want people to
01:31:04
Anchor around
01:31:06
um but yes I certainly take that
01:31:08
transparently I'm probably not there
01:31:10
like I don't think I've like I'm not out
01:31:12
of the guy I don't think I'm as
01:31:14
optimized on that as like you are I
01:31:16
think you have more of that than I do in
01:31:18
terms of like optimizing around
01:31:19
fulfillment I think I definitely still
01:31:22
have a degree of my self-worth wrapped
01:31:25
in
01:31:26
the things we do and the companies we
01:31:28
own and stuff like that like I If all of
01:31:30
those
01:31:31
because the thing is like if in the
01:31:33
magic situation where that all vanished
01:31:35
it would there would be something that I
01:31:37
had probably done wrong now there are
01:31:39
occasions you know where you own a gym
01:31:40
business in covet
01:31:42
um where you're like man there's some
01:31:43
stuff that would it be reasonable for me
01:31:44
to have predicted this probably not okay
01:31:46
I'm not gonna beat myself up with this
01:31:47
one but like if barring a true Act of
01:31:50
God's situation and there were just good
01:31:52
old-fashioned I'm the only one who loses
01:31:54
everything and everyone else doesn't
01:31:55
right
01:31:57
um I probably would be upset
01:32:00
um I'd be upset I'm not a [ __ ] monk I
01:32:03
just I remind myself to yeah yes totally
01:32:08
you're like how do you judge yourself
01:32:09
when you're naked in the mirror at night
01:32:10
of like well uh on that day I would feel
01:32:13
badly you know I could just not feel
01:32:15
good 100 but anyways um
01:32:19
dude so I've got the final quote that I
01:32:21
want to share with people that is my
01:32:24
favorite quote from you but first I want
01:32:25
you to tell people where can they follow
01:32:27
you
01:32:29
um if you listen to podcasts you can
01:32:31
just
01:32:32
search my name Alex ramosie and you'll
01:32:33
find the game uh if you are on YouTube
01:32:35
you can search my name and you'll find
01:32:37
my YouTube channel if you're on Tick
01:32:38
Tock Instagram
01:32:40
there all those places Twitter actually
01:32:42
I'm super active on Twitter
01:32:43
um you can find me there just by
01:32:44
searching my name amazing all right now
01:32:47
I want to give people a quote I'd love
01:32:49
this so much
01:32:51
do not cast power to your excuses own
01:32:55
your circumstances because no one else
01:32:57
will
01:33:01
so
01:33:03
I think the difference between like rich
01:33:05
people and poor people successfully
01:33:06
people not successful people is the
01:33:08
degree to which they attribute
01:33:11
or give power to their circumstance
01:33:12
right and so the difference between a
01:33:14
self-made
01:33:15
billionaire who started with nothing and
01:33:17
someone who else started with nothing is
01:33:19
not the resources obviously because they
01:33:21
both started at zero so what else is it
01:33:23
is there resourcefulness not the
01:33:24
resources and so
01:33:27
um if we give power to circumstance then
01:33:30
we cast power outside of ourselves if we
01:33:32
give power to other people we cast power
01:33:34
outside of ourselves and so it's you
01:33:37
know it's controlling the controllable
01:33:39
uh and when I you know when I say that
01:33:41
quote a lot of that is is how that quote
01:33:43
is how I see selling
01:33:45
it's people cast power to their
01:33:47
circumstances and my job is to get them
01:33:48
to unfuck themselves around the power
01:33:51
that they have just cast to something
01:33:52
they cannot control and so if I can just
01:33:54
get them to own
01:33:56
even just own the fact that they suck
01:33:59
that's good enough because they actually
01:34:01
can own it and there is pride in that
01:34:02
you can take pride in the fact that you
01:34:04
admit that there's a deficit right but
01:34:06
there is the only thing you can't take
01:34:07
pride in is casting and being a victim
01:34:08
right like no one moves forward even if
01:34:10
you're right it doesn't serve you right
01:34:12
if you're born with one you know one
01:34:13
less leg than you should you're right
01:34:15
you're not going to be you have a
01:34:17
disadvantage at being a sprinter like
01:34:20
you have a disadvantage
01:34:22
but it doesn't serve you in any way to
01:34:24
admit it
01:34:26
and so it's it's owning the fact that
01:34:29
like you are the only person who can
01:34:31
actually change anything about your life
01:34:32
because you may blame your circumstances
01:34:34
but no one else will care
01:34:36
I love that
01:34:38
speaking of ways you can change your
01:34:39
circumstances if you haven't already be
01:34:41
sure to subscribe and until next time my
01:34:43
friends be legendary take care peace
01:34:45
my default place is to do this I think
01:34:48
you have to know yourself I think if
01:34:50
your default is to not do those things
01:34:51
then yeah giving yourself a break and
01:34:53
being Kinder and gentler is the absolute
01:34:55
worst thing that you could do to
01:34:56
yourself in my case man it's been a
01:34:59
lifetime I was never a child I was never
01:35:01
a little boy that five-year-old I was
01:35:03
literally not a child

Description:

Beat Procrastination: Start Your 7 Day Trial Now! https://tombilyeu.com/get-it-done On Today's Episode: Success measured on the grand scale of financial wealth is far from impossible and yet thousands of people struggle with getting there. If you’re starting from nothing and struggling with the fear of failure and the fear of taking the risks necessary to succeed, then this episode is definitely for you. Alex Hormozi helps businesses scale $10M into $100M, and his book, the $100M Offer, How To Make Offers So Good People Feel Stupid Saying No, will help you start doing the things you need to start from scratch. In this conversation Alex and Tom get granular about cultivating the traits and skill sets you need to increase your chances of success. Here’s the cheat sheet: Pick one thing and say no to everything else Success requires short term sacrifice for the long term achievement 2 skills to master for success are how to advertise and how to sell Follow the Rule of 100 for guaranteed success A powerful question to ask yourself right now, according to Alex is this: What do I believe to be true that really isn’t? Tom shares quotes from Alex throughout you’ll want to note, and he shares his favorite quote at the end and it’s a life changer: “How to stay poor, assume you’re always right.” Alex Hormozi “If you want an uncommon life you can’t have common beliefs.” Alex Hormozi Check out Alex Hormozi book, $100M Offer, How To Make Offers So Good People Feel Stupid Saying No, strongly recommended for anyone scaling to 6 and 7 figures: https://www.amazon.com/100M-Offers-People-Stupid-Saying-ebook/dp/B099QVG1H8 SHOW NOTES: 0:00 | Introduction to Alex Hormozi 0:11 | Guaranteed Plan for Success 5:11 | Figure Out Failure & Lessons 14:02 | The Right Way to Create Content 20:36 | Traits of the Ultra Successful 34:51 | Masterclass on Million Dollar Sales 47:28 | Uncommon Beliefs for Success 1:00:34 | The Competitive Business Trait 1:10:49 | Moments of Real Fulfillment 1:16:50 | How You Feel About Yourself 1:33:06 | Own Your Circumstances QUOTES: “People are afraid of not getting validated or they’re afraid of judgment that they perceive from people that exist or don’t exist in their lives.” [3:43] “I didn’t lose the five years, I lost the assets, which were not the most valuable thing that I had earned over that time. It was the skills, the experience and the character traits, I still had those.” [9:19] “There’s a misnomer around education, [...] They think that exposure to information is learning and I don’t think that’s true, or at least it hasn’t been for me.” [12:00] “Most people have a dramatic underestimation of how much volume it takes to be successful.” [12:53] “Be okay with the fact that you are going to suck and it is okay to suck, you should expect to suck, and it would be unreasonable for you to be good if you haven’t done it before, [...] are you asking the universe to be unreasonable for you by expecting to be good on your first try.”[14:02] “If you can wait a year, you can make a ton of money. [...] If you can wait a decade you’re going to be above the one percent, [...] do the doing without seeing the result.” [26:09] “Most people had a graveyard of failures before they had their actual first success.” [34:17] “With 20 hours of focused effort most people can be pretty decent at something, [...] but most people spend years waiting to do the first hour.” [34:26] “When you hear somebody speak and they really resonate with you, they give you the chills, you get excited, it’s because they’re either putting words to something that you felt but you didn’t know how to articulate and now it’s super concrete in your mind or they make you realize that you believe something that wasn’t true.” Tom Bilyeu [54:18] “You’ve got to optimize for the game to be fun when you’re losing.” Tom Bilyeu [1:08:39] “I judged myself so much on not being happy all of the time because I thought there was something wrong with the fact that I wasn’t happy that I drove myself insane not being happy rather than just being like, [...] ‘I’m just going to do the stuff and just f*ck happiness, for a minute.’” [1:21:03] “The difference between rich people and poor people, successful people and not successful people is the degree to which they attribute or give power to their circumstance.” [1:33:23] “You may blame your circumstances but no one else will care.” [1:34:54] Follow Alex Hormozi: Website: https://www.acquisition.com/ Twitter: https://twitter.com/AlexHormozi YouTube: https://www.youtube.com/c/AlexHormozi Instagram: https://www.facebook.com/unsupportedbrowser

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