WEBVTT

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And so what you have to do is you have to peel on your past and say when did I exhibit these things?

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Is all of us have exhibited these character traits at some point in our life and then what you do is you say

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I am this way because and then you tell yourself the stories of the things you did in the past that exhibited those traits

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Welcome to the game where we talk about how to sell more stuff to more people in more ways and build businesses worth owning

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I'm trying to build a billion dollar thing with acquisition.com

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I always wished pesos, musk and buffet had documented their journey so I'm doing it for the rest of us. Please share and enjoy

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The most powerful things that change our behavior in our character are the stories we tell ourselves

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I think that when I started out in business I heard all these things in the personal development space

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Like you should read these affirmations every morning

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blah blah blah blah. I never did that and it was because it felt stupid to me

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Now that being said there might be some people who've had life changing results from doing that

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But what I did notice is that the stories I would tell myself about myself were the things that changed my beliefs

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They were the things that changed my character

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And so a lot of times they've talked about how entrepreneurship is about three things

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It's about changing the beliefs that you have

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It's about increasing the skillset that you have

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And then the character traits that go along with that to make sure the skills are successful

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So I'll give you a simple example for this

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So a friend of mine he started to fitness app

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It was doing about $20,000 a month

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He was a top game CrossFit Games competitor

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But he was really ashamed because he wasn't the winner

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He was like, you know, really, really highly ranked one

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But he wasn't the winner

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And so he felt he believed that his app wasn't good enough

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And so he never promoted it

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So he grew to $20,000 a month in revenue with him doing zero promotion

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Right

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And when he realized that it was okay for him to promote it

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And people got a lot of value from it and the app was good enough

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He went from $20,000 a month to like $150,000 a month

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Like that

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And the difference was his beliefs

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The skills were the same

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Right

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His character traits were the same

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He changed his beliefs

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Right

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So let me give you a different example

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So when I actually started out getting in my own business

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I had a chain of gyms

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This was a very, you know, this was a 10 years ago

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I had a chain of gyms

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And I knew how to run sales teams

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I knew how to generate leads

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I knew how to do all these things

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But what ended up happening was

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I had one missing piece which was also a belief

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Darn, I was actually trying to give you a different one

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But I had a mentor come in and say you need to be

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You need to get in the licensing business

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You need to license this model lots

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People rather than doing the actual model yourself

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And so I did make that transition

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And then we went from I think you know

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I think we did like two or three million dollars

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To doing seven in the next year we did 28 million

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So the year that we made the transition

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Halfway through is what jumped us from two or three to seven

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And it was just in the last like four months

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That we saw this crazy growth

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And then we did 28 million in the next year

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And so it was because I had all these skills

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And I also had the character traits

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I just needed again to change what the beliefs

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I was trying to give you an example with the character traits

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Let me think of one

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Ah, so if you have for example if I had had those skills

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But I didn't have the character traits of being disciplined

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And being focused on one thing

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I would have jumped between multiple

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You know entrepreneurial endeavors

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And never been able to see success

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Because even though I had the beliefs about what was possible

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Like if I'd said okay I'm going to do gyms

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And I'm going to do chiropractors

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And I'm going to do dentists

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And I'm going to do x, y and z

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Right

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Until I had the character trait of focus

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The character trait of discipline

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Then I would not have seen the success

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Right

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And so the next natural question is

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Okay well if I have to have a line to beliefs, skills, and character traits

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At each level of the ladder

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Because you can have and this is what's crazy

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When you see the overnight successes

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This is what happens

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I want to describe it to you so you understand it

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How you can do it

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All right

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So let's say that there's a ladder

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All right and you've got this pull on one side

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To get the pull on the other side

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And you've got the middle bar

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Okay

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You need all three to move to the next level of the ladder

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Right

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And so for example you might have the left side built up

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Six stories above where you're at

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And you might have the right side built up

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Ten stories from where you're at right now

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But all of a sudden if you change your character

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And that character trait development gives you three more rungs

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All of a sudden you go three rungs

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Because you already have the constraint has been removed

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And so you can be more advanced in your beliefs than you are in your skills

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Or it can be more advanced than you are

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Character trait than you are in your skills

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Or you can be more advanced in your skills than you are in your beliefs

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Right

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And so it's having all three of those

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That are checked off at each level of entrepreneurship

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That gets you to one

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One million dollars, you're three million dollars, you're ten million dollars, you're a hundred million dollars, you're whatever it is

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Right

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Is you have to have all of them

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And so the point is to get you to understand

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How to actually develop the soft things

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Because the skills are straightforward

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Right

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The skills where you just go by the course

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And you read the book and you consume the content like this

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And you practice, you apply

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Right

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That's what you have to do

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That's it

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That's it

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Right

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One of the skills that I see lots of marketers these days not have

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Is they don't know how to sell

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They don't know how to develop a sales team

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They don't know how to manage and grow a sales team

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They don't want to lead a sales team

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That's a skill they don't have

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And as soon as they do, they go from three million to ten million

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Like that

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Very, very easily

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Right

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And so it's understanding that that's the skill deficit

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And as soon as they do it, boom, they blow up

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I was fortunate because I had a ton of the skills in my skill toolbox

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But I went from making nothing to tons

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Because I had all of these rungs of this ladder

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Already built out to a $30 million level

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Except I just didn't have the beliefs

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That was my issue

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Right

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And candidly, I think still one of my biggest issues is belief

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I suffer from a lot of insecurities

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And so my wife was the one

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Who was like, you can do this

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Like you don't have to have these gems

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Like you can license out the model

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Like you can, you can really succeed like this

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And I honestly just thought she was a really smart person

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And very wise

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And so I trusted her belief in me

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Before I really trusted it for myself

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And so hopefully you can have someone like that in your life

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But maybe that can be me

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I trust in your skills in your belief

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So hopefully you can borrow some of that trust

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Because I promise you

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The world does get better when you take those leaps of faith

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But the point is

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If you have these three things

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Right

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The stories that you tell yourself

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Right

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One of the things that Layla always says

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Who's my wife, she has her own channel

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You can check it out

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Is she's like, what's the evidence

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Right

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What's the evidence that you're so bad at this

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What's the evidence that you have

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Because you keep beating yourself up about this

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But what's your evidence

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Right

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Hey guys, love that you're listening to the podcast

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If you ever want to have the video version

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Of this which usually has more facts

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More visuals, more graphs

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You know, drawn out stuff

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Sometimes it can help hit

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The brain centers in different ways

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You can check on my YouTube channel

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It's absolutely free

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To check that out

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If that's what you are into

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And if not

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Keep enjoying the show

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What I do when I identify a character trait that I lack

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Or identify a skill that I don't have

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Or a belief that I don't have

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And this one I'll just specifically talk about

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The character traits

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Because the thing it's really important

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It's probably the one that people struggle with the most

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Is what are the stories

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That you tell yourself about yourself

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Right

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A lot of times I had dinner

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Recently with a $5 million entrepreneur

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And he was like

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I ate a lot of trauma when I was a kid

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And that's why I am this way

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He speaks like he is this way because

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And I was like

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I think that's a really convenient story

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To tell yourself about why you are anxious

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Or why you exhibit anxious tendencies

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I was like

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But what if you did that

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And you just didn't exhibit anxious tendencies

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What then

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What if you just chose not to

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What if you chose to not give power

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To that situation or that parent

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When you were growing up

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They already made you suffer

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Why would you let them make you suffer

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More by telling yourself

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That they gave you this character trait

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And it's because it's uncomfortable

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For you to suffer

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Through the change of changing your identity

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Right

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But

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Layland, I both believe this

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Is that your identity is fluid

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And you need to be able to change your identity

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And your character traits

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Based on what the business requires

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If you want to grow

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Right

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Like if you're not a patient person

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Then you need to become patient

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Macro

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Micro speed macro patients

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If you want to develop a reputation

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You need to become a person of integrity

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Which means sometimes short term

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You have to sacrifice

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Right

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You have to not make the quick buck

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If you want to be disciplined

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And have focused

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And it means that you have to be able to say no

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Strategy means

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What do you say no to

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That still looks like it makes sense on paper

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That's strategy

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That's what it is

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It's what things do we choose not to invest in

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Right

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And the people who learn how to make the most money

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Are the ones who know how to focus

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And that's a character trait

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And so what you have to do is

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You have to peel on your past

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And say

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When did I exhibit these things

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Is all of us have exhibited

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These character traits

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That's some point in our life

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And then what you do is

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You say

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I am this way

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Because

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And then you tell yourself the stories

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Of the things you did in the past

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That exhibited those traits

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And by doing that

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You'll start reminding yourself

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So if I want to say

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Like because I'll tell you

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I used to have more angry tendencies

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I used to tend

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And trend towards being angry

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As a response to the things that I didn't like

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Right

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But one of the things that I liked

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Like that I tried to tell myself

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Is that I am wise

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Right

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And this is a character trait

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There's probably been the number one character trait

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That I've tried to develop over the how many years

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Because I believe discernment

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Is the single greatest character trait you can have

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Because if you make the right decisions

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The whole world is your oyster

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Right

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If you can make the right call

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The whole world is your oyster

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And so for me wisdom is the number one character trait

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That I wish to develop

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And so when I think to myself

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I am wise

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Because I use the same formula

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That most people

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And most of us myself

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Included use to destroy ourselves

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With these insecurities

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With these

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With these negative character traits

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That we believe we have

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And instead of saying an affirmation

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You tell yourself the story

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Of why you're saying it's true

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You learn to argue against your own thoughts

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And that's how you start developing this muscle

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This, these traits

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That start to become a whisper

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And then a shout

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And then they become

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They emanate from you

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And you project them

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When you walk in the room subconsciously

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But it's a practice that goes from active

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To passive in your mind

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Right

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If you are a patient person

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If you are a kind person

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If you are an integrity person

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Right

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If you are a hard working person

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Right

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We all have these stories that we tell about ourselves

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And so

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If you have a limitation right now

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On your character trait

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Or traits

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You don't feel like you are patient enough

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You feel like you are too easily distracted

339
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You feel like you don't focus enough

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Then you need to start telling yourself the story

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I am this way because

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Not I am wealthy

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Stupid

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In my opinion

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I think our brains are too smart for that stuff

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You have to give it the reasons

347
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You have to make the argument

348
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And I think instead of affirmations

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If you make affirmations into arguments

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That you make with yourself every day

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Then those become things that will change who you are

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And if you change who you are

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And how you make decisions

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You'll change your entire life

355
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And you'll be able to watch your business grow

356
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As a result of who you have become

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And so this is one of the things

358
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That was most powerful for me

359
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In my entrepreneurial journey

360
00:10:11.440 --> 00:10:12.960
I had

361
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Had tons of insecurities

362
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Right

363
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I had tons of anxieties

364
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I had lots of anger

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I had lots of perceived trauma

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And I'll say it that way

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Because I don't even want to make it into trauma

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That's what I perceived as trauma

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Because I was a child

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In the world with the

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The emotional regulation of a child

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And so things of course affect you more when you're a kid

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Everyone's traumatized

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Traumatized

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Perceives trauma as a child

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Like if I go to a stage

377
00:10:37.840 --> 00:10:40.160
And I say hey who here had a traumatic childhood

378
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In some instance or had a traumatic event

379
00:10:42.080 --> 00:10:42.800
occur

380
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Everyone's going to raise their hand

381
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So stop thinking that because you have trauma

382
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And I don't say this

383
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I'll say this with

384
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I'll say it this way better

385
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For me

386
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I chose to stop giving trauma power

387
00:10:54.080 --> 00:10:55.360
And I think if you can do that

388
00:10:55.360 --> 00:10:57.200
And you can tell yourself a different story

389
00:10:57.200 --> 00:10:58.800
About why you are who you are

390
00:10:59.440 --> 00:11:00.560
And make arguments

391
00:11:00.560 --> 00:11:01.680
Instead of affirmations

392
00:11:01.680 --> 00:11:02.480
You'll be able to have

393
00:11:03.280 --> 00:11:04.800
Stronger, faster chains

394
00:11:04.800 --> 00:11:06.400
And the direction that you desire

395
00:11:06.400 --> 00:11:08.000
And you'll have more control

396
00:11:08.000 --> 00:11:09.360
Over your emotional state

397
00:11:09.360 --> 00:11:10.480
And then instead of doing

398
00:11:10.480 --> 00:11:12.160
You'll be able to level up the business that you have

399
00:11:12.160 --> 00:11:14.240
Because most of the times when I see business owners

400
00:11:14.240 --> 00:11:15.520
The reason that I see successful is not

401
00:11:15.520 --> 00:11:17.120
Because they don't have the beliefs

402
00:11:17.120 --> 00:11:18.560
Or because they don't have the skills

403
00:11:18.560 --> 00:11:19.680
It's just because of who they are

404
00:11:20.240 --> 00:11:22.080
I'd call the other day and somebody hopped on

405
00:11:22.080 --> 00:11:23.120
And they were like

406
00:11:23.120 --> 00:11:24.400
Honestly the guy was an asshole

407
00:11:24.480 --> 00:11:25.040
He was like

408
00:11:25.040 --> 00:11:26.080
Man employees suck

409
00:11:26.080 --> 00:11:27.440
And I can never keep any good talent

410
00:11:27.440 --> 00:11:28.080
And blah blah blah blah

411
00:11:28.080 --> 00:11:28.720
And I just paused

412
00:11:28.720 --> 00:11:29.520
And I was like

413
00:11:29.520 --> 00:11:30.560
Well, that's not surprising

414
00:11:30.560 --> 00:11:31.120
And he was like

415
00:11:31.120 --> 00:11:31.440
What?

416
00:11:31.440 --> 00:11:32.000
I was like

417
00:11:32.000 --> 00:11:32.720
Have you met you?

418
00:11:33.360 --> 00:11:34.560
Like I don't know what else to say

419
00:11:35.600 --> 00:11:36.640
Have you met you?

420
00:11:36.640 --> 00:11:38.960
Like I don't need to change this guy's marketing

421
00:11:38.960 --> 00:11:39.120
Right?

422
00:11:39.120 --> 00:11:41.920
I don't need to change this guy's beliefs about his own business

423
00:11:41.920 --> 00:11:43.520
He's just to change who he is

424
00:11:44.000 --> 00:11:45.760
And the only way for that guy to do that

425
00:11:45.760 --> 00:11:47.040
Is for him to get over the reasons

426
00:11:47.040 --> 00:11:49.200
That he tells himself it's okay to be who he is

427
00:11:49.760 --> 00:11:51.200
And I think a lot of us do that

428
00:11:51.200 --> 00:11:54.000
We give ourselves the excuse for being impatient

429
00:11:54.000 --> 00:11:56.400
We give ourselves the excuse for cheating

430
00:11:56.400 --> 00:11:56.640
Right?

431
00:11:56.640 --> 00:11:58.720
We give ourselves the excuse for being unfaithful

432
00:11:58.720 --> 00:12:00.240
We give the excuse for being loyal

433
00:12:00.240 --> 00:12:01.040
Well, my dad was

434
00:12:01.040 --> 00:12:01.760
Where my mom was

435
00:12:01.760 --> 00:12:02.560
Or my brother was

436
00:12:02.560 --> 00:12:03.440
Or whatever

437
00:12:03.440 --> 00:12:04.240
Right?

438
00:12:04.240 --> 00:12:05.360
Or when I was growing up

439
00:12:05.360 --> 00:12:06.320
Or from my town

440
00:12:06.320 --> 00:12:06.880
I

441
00:12:06.880 --> 00:12:08.080
XYZ

442
00:12:08.080 --> 00:12:09.440
I'm this way because

443
00:12:09.440 --> 00:12:11.840
The cows is one of the most powerful words in the English language

444
00:12:11.840 --> 00:12:12.800
It's great for persuasion

445
00:12:12.800 --> 00:12:15.200
Make sure you use it to persuade yourself in the right direction

446
00:12:15.200 --> 00:12:17.200
So anyways, that's just my two cents

447
00:12:17.200 --> 00:12:18.480
I might not know anything

448
00:12:18.480 --> 00:12:19.760
If you found value in this

449
00:12:19.760 --> 00:12:20.800
Hit subscribe

450
00:12:20.800 --> 00:12:22.640
I have other videos that I like this for entrepreneurs

451
00:12:22.640 --> 00:12:24.640
We're trying to scale their businesses

452
00:12:24.640 --> 00:12:25.360
Keeping awesome

453
00:12:25.360 --> 00:12:26.000
Keep being amazing

454
00:12:26.000 --> 00:12:27.600
Lots of love modes you nation

455
00:12:27.600 --> 00:12:28.400
Bye!
