WEBVTT

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the only way to get good at something

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is to do a lot of it.

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And when you start, you suck.

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And so a lot of the time there's this fallacy

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of finding the right thing or the perfect fit.

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But one, almost every entrepreneur that I know

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has had many, many, many businesses

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and mostly many failures before they had their success.

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Welcome to the game where we talk about

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how to get more customers, how to make more per customer,

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and how to keep them longer.

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And the many failures and lessons we have learned

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along the way.

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I hope you enjoy and subscribe.

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People have made a lot of money.

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People have huge exits.

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People have private jets and multiple homes

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and massive bank account.

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Do you think the people that you know

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who have a lot of money are typically happier?

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Or do you know more people who are wealthy

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who are unhappy than happy?

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I think it depends on how they got their wealth.

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So I think if they were given their wealth,

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absolutely, I would say bar none, they are not as happy.

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And I think I won't even get into the why.

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I would say that's just my observation.

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For the people who earned their wealth,

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I would say many of them are probably the same,

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same Schmauer's board as the rest of society,

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maybe with like one movement upwards

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because money cannot buy happiness

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but it can help you avoid pain.

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And so I think that is the hard part that is difficult.

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It's the same thing as health.

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Where like you can, you know, money can help get the hospital

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you know, get you out of the hospital hypothetically

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but it's not gonna get you into super, super fitness status.

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They're completely different continuums

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that people see as one straight line

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and I, removing pain versus gaining joy

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I think are two completely different journeys.

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And so I think money helps absolutely decrease

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the punishment that we experience in life

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and the pains that we have to deal with

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are inconveniences for sure.

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Why do you think some people, I agree with that

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and there's also some outliers

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where it seems like people with a lot of money

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almost have more problems, more pain, more stress,

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more overwhelm, maybe it's too much to handle

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or everyone wanting something from them

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or everyone's expecting something now from them.

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How do you learn to manage the approval

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or people pleasing of others once you have more money?

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Especially your own family, your own friends

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who are now saying, oh, you've gone beyond

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where the rest of us are financially

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and I want some of that

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or I have an expectation, how do we overcome that?

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Navigate it.

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I've already reject all of it.

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I reject what?

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All of it.

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Any expectations of it.

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And so my litmus test for doing deals for giving jobs,

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any of those things for people that I know

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is that you have to, it's actually the first conversation

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I have with Layla when we were, there's a first date.

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So our first date I pitched Layla

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on quitting her job and working for me

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because I was like, this might not work out

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but you should totally work for me.

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We'll make a bunch of money together.

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And I said, this compensation has to make

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sense for you independent of our relationship.

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So like if we're not together, does this still make sense?

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If it makes sense, then we're cool.

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It's all your first day of dating.

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Yeah.

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If we're not together in a week or two months

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would this still work for you?

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Yes.

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Yeah, it's clear.

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It's all talent, you know?

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And I think that litmus test has served incredibly well

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for me is like, if you want to hire your mom,

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would you give somebody with your mom's experience,

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the bookkeeping job?

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Now, if she's a 20 year bookkeeper, maybe, and to be fair,

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but would you pay the bookkeeper $200,000 here?

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I don't know, probably wouldn't.

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So I believe in making all deals as though

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you weren't friends or you have no relationship.

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And if it still makes sense,

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then all of the relational benefit becomes as a bonus.

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Yes.

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Rather than I'm going to amend the terms of the deal

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because of this amorphous value that we have,

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which can change.

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But if the deal is made logically,

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then conditions can change

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and you will still both always feel good about the deal

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because it was made without the relationship about it

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because sometimes you have good days with your mom,

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sometimes you have bad days with your mom,

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and all of a sudden you're like,

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I can't put my parents on her right here, right?

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I wouldn't know.

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She messed up the books and healed.

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She took a course online, you know, whatever, right?

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And so, but like, but people make that mistake all the time.

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And so I think that it has been significantly easier for me

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to just say like, would I give you the role

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or would I give you the thing if you were a stranger?

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And if the answer's no, then the answer's no.

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And if that person really wants it,

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I'd be like, then do the same things a stranger would do.

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And then I'll have a reason,

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be up now if I've two candidates

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and they're identical, which would be impossible,

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but if they're identical, then yeah, maybe I would give it,

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but like they have to still meet all the standards.

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And then that way you give objective,

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quantitative, like do these things,

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and then we can add this out.

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Right.

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It seems like a lot of young people

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want to make a lot of money.

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People want to make money.

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People want to win a lot,

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but it seems like, you know,

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at least sometimes thinking of social media context,

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you see a lot of young people in their 20s,

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early 30s that are striving for that.

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And they're striving for it fast.

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They're striving for it.

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You know, I just graduated with a college

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and now I want to get there in the next couple of years.

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What do people in their 20s not understand

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about making money or reaching millionaire status

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that they really need to know before they hit that?

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So I will probably answer this differently

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than you expect.

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I believe that sex is colorblind,

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ageblind, everything blind,

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because there are certain activities that you have to do.

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If you do the activities, you can get the outcome.

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Now if you're in your 20s,

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it's very difficult to do the amount of activities

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for a long and a period of time in order to get that.

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Now, you've got Ben Francis,

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who started Gymshark when he was whatever, 16 or 17 years old,

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and he was 28, it was worth over a billion.

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So he was in his 20s, and he made a billion dollar company.

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Is that the exception for the most part?

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Yeah, that's not as common.

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You know, I made my, I became a millionaire with his 20, six,

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six or twenty-six cameras.

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Between 26 and 27 is when I became,

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when I had my first million dollars,

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I think.

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And so, but I started business when I was 22.

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And so I still had five years in.

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And now that's still fast.

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Don't get me wrong, you're still fast.

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But the accumulation of knowledge,

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because I spent almost all of my excess income on education.

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And so I wanted to, I wanted to pay down the ignorance tax

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as fast as I possibly could.

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It's rather than buy the Bentley or buy the watch

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so that I could flex on it.

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I still lived, split a room in a house with six other people

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while I was making 20,000 won't take home.

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Because I wanted to have all that money,

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so I Google in the offense,

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if I wanted to go to a seminar or buy a course

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or go to a workshop or whatever it was

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so that I could uplevel my skills and get there faster.

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And so I think the idea that you want to get there fast

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is fine, it's just having a realistic expectation

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of how many skills you need to acquire to get there.

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Because if you have all the skills,

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because I think we'll have continuously younger

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and younger and younger millionaires and billionaires

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that are going to continue to happen.

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Because now a viral, I mean Taylor Swift was 16

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when she started before her music.

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That was a long time ago, right?

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She's 33 now.

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Now she's going to keep showing up consistently

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and building it.

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Mr. B is 24.

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Crazy.

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So it's going to continue to go down as the access

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education increasingly gets democratized,

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so more people can access it for free.

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And so a nine-year-old can watch.

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Like there's nothing that stops a nine-year-old

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from making and running a Facebook ad.

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There's nothing.

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Like, and usually they're more tech savvy anyways.

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Maybe there's going to get a credit garbage to you.

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Sure, yeah, yeah, yeah.

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Yeah, and so there, but if we break it down

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to like the physics or the actions.

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It's not that hard.

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There's nothing that prevents people.

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And so I think that the level of competition

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will continue to rise.

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I think young people are more tech savvy

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and so in general have a continuously improving

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better advantage over older people

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because the rate of technological change hastens

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goes faster.

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And so the advantage of being young versus old

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is actually going to continue to expand

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because tech moves so fast now

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that I think there will be more.

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What do you think about?

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I mean, I had a mentor once told me when I was

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one T-4, when I was broke in my sister's couch.

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And I was living for free.

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That was not paying rent.

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I was, you know, even leftovers.

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Good life, man.

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And I remember saying to a mentor,

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I was like, man, I can really use some money right now.

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Like I can really figure out how to make some more money.

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Mm-hmm.

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And you said money comes to you when you're ready for it.

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I was like, I feel pretty ready.

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Sorry.

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He goes, yeah, it could come, you know,

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maybe you get it and you're not ready and you lose it all

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because you're not emotionally ready.

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Yeah.

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So what advice do you have to people in their 20s

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who want to make a lot of money?

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But if they're not emotionally ready,

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what might happen to them?

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Everything is trainable.

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And so if we define handling money as a skill,

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then it can be learned.

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And so if you, and you can look at anything,

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like if you were somebody who continues to hop

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from thing to thing to thing to thing to thing

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and you can't stick with it,

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it's usually because you don't have the skill

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of sticking with something.

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You haven't been rewarded enough

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at the path for staying with something

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or you haven't been burned enough from starting over.

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Like on your fifth time of starting yet another thing

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and not getting deep enough on it,

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you have to think to yourself,

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maybe this isn't the right way to do it.

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I love giving this kind of like S curve analogy,

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which hopefully your audience will enjoy.

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But there's five stages I see it as somebody goes through

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with the entrepreneurial journey when they're starting out.

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In the beginning, you've got the midline, right?

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Where they start.

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Step one is they go above the midline

265
00:09:20.040 --> 00:09:22.440
and they go to uninformed optimism.

266
00:09:22.440 --> 00:09:24.040
They see the grass on the other side,

267
00:09:24.040 --> 00:09:24.880
it looks greener and they're like,

268
00:09:24.880 --> 00:09:26.000
my buddy's doing dropshipping

269
00:09:26.000 --> 00:09:27.280
and he's making all this money.

270
00:09:27.280 --> 00:09:29.000
And that's gonna be me.

271
00:09:29.000 --> 00:09:30.320
And then they buy the course,

272
00:09:30.320 --> 00:09:31.160
they start watching videos,

273
00:09:31.160 --> 00:09:32.720
they start to connect things, things break,

274
00:09:32.720 --> 00:09:34.520
they buy something before they don't have much to buy.

275
00:09:34.520 --> 00:09:36.200
And all of a sudden they go to the point two,

276
00:09:36.200 --> 00:09:37.040
which is now below the line,

277
00:09:37.040 --> 00:09:38.880
which is informed pessimism.

278
00:09:38.880 --> 00:09:39.720
So it's hard.

279
00:09:39.720 --> 00:09:41.720
Yeah, they find out all the things that they didn't know

280
00:09:41.720 --> 00:09:43.320
in the beginning, they paid out some ignorance debt,

281
00:09:43.320 --> 00:09:44.800
but they're still more to pay.

282
00:09:44.800 --> 00:09:46.040
They're like, okay, wow.

283
00:09:46.040 --> 00:09:47.520
So they keep going because they're like,

284
00:09:47.520 --> 00:09:48.360
I gotta figure this out.

285
00:09:48.360 --> 00:09:49.360
And then they go to point three,

286
00:09:49.360 --> 00:09:50.960
which is the value of despair, right?

287
00:09:50.960 --> 00:09:52.680
Which is whether like this isn't gonna work,

288
00:09:52.680 --> 00:09:54.000
this is never gonna work.

289
00:09:54.000 --> 00:09:55.280
And one of the hardest costs,

290
00:09:55.280 --> 00:09:56.920
and this is like entrepreneurship feels like,

291
00:09:56.920 --> 00:09:59.680
if I can give it to anyone who's new to this,

292
00:09:59.680 --> 00:10:01.360
is the feeling of uncertainty

293
00:10:01.360 --> 00:10:02.880
that you don't know of all of the work

294
00:10:02.880 --> 00:10:05.000
that you've been spending all of your nights and weekends

295
00:10:05.000 --> 00:10:08.120
and off time investing in will ever pay off.

296
00:10:09.120 --> 00:10:11.600
And so it's this fear that you're wasting your time.

297
00:10:12.760 --> 00:10:14.160
But the reality is that the outcome is

298
00:10:14.160 --> 00:10:15.040
in the thing that you're building,

299
00:10:15.040 --> 00:10:16.760
the person you are is the person that you're building,

300
00:10:16.760 --> 00:10:18.360
and that continues to work.

301
00:10:18.360 --> 00:10:19.960
And so there's a problem in the Bible,

302
00:10:19.960 --> 00:10:23.400
I'm gonna butcher it, but I think it's an all labor

303
00:10:23.400 --> 00:10:24.640
there is profit.

304
00:10:24.640 --> 00:10:28.480
And you can rephrase that as I like,

305
00:10:28.480 --> 00:10:30.800
it's the work works on you more than you work on it.

306
00:10:30.800 --> 00:10:31.640
Say the end.

307
00:10:31.640 --> 00:10:34.480
The work works on you more than you work on it.

308
00:10:34.480 --> 00:10:36.560
And so it's about who we become while doing the work

309
00:10:36.560 --> 00:10:38.400
more than the outcome from the work itself.

310
00:10:38.400 --> 00:10:40.240
Because I lost everything five years

311
00:10:40.240 --> 00:10:41.560
into my entrepreneurial journey,

312
00:10:41.560 --> 00:10:43.080
but I still had all the skills and beliefs

313
00:10:43.080 --> 00:10:44.440
that I have from before that.

314
00:10:44.440 --> 00:10:45.640
And then I was able to reapply those

315
00:10:45.640 --> 00:10:47.600
and then have a really big outcome

316
00:10:47.600 --> 00:10:48.680
in what we have today.

317
00:10:48.680 --> 00:10:50.280
And so I remember when I lost everything that first time,

318
00:10:50.280 --> 00:10:52.440
I thought, did I just lose five years in my life?

319
00:10:52.440 --> 00:10:55.320
Like I just moved back on ground zero again,

320
00:10:55.320 --> 00:10:56.800
but I wasn't, because I had all these skills

321
00:10:56.800 --> 00:10:59.200
that I had learned owning and scaling six gyms

322
00:10:59.200 --> 00:11:00.520
at that point.

323
00:11:00.520 --> 00:11:03.640
And so point one, uninformed optimism, point two,

324
00:11:04.960 --> 00:11:07.440
informed pessimism, point three, dive despair.

325
00:11:07.440 --> 00:11:11.680
And then we got a point four, which is informed optimism.

326
00:11:11.680 --> 00:11:13.960
So now you do have a lay of the lid.

327
00:11:13.960 --> 00:11:15.400
Do you understand that there's some skeletons?

328
00:11:15.400 --> 00:11:17.520
You do have to understand how you made it some inventory.

329
00:11:17.520 --> 00:11:18.560
You gotta get ahead of some of this stuff.

330
00:11:18.560 --> 00:11:20.320
But you start, you learn how to forecast.

331
00:11:20.320 --> 00:11:22.000
You can know that weekends you tend to do better

332
00:11:22.000 --> 00:11:23.320
and weekdays you tend to do less.

333
00:11:23.320 --> 00:11:25.440
And so you can dial back support on those days

334
00:11:25.440 --> 00:11:26.480
and dial it up on the other days.

335
00:11:26.480 --> 00:11:28.240
You start to recognize patterns.

336
00:11:28.240 --> 00:11:30.600
Then you start to, start to know what you're doing, right?

337
00:11:30.600 --> 00:11:33.200
You started paying, you're paying down all the ignorance debt.

338
00:11:33.200 --> 00:11:34.760
And then finally step five is you achieve

339
00:11:34.760 --> 00:11:36.400
whatever the original goal was.

340
00:11:36.400 --> 00:11:39.160
But the problem is that most people go step one, two, three,

341
00:11:39.160 --> 00:11:41.560
and then they jump back to step one.

342
00:11:41.560 --> 00:11:43.280
With something new, right?

343
00:11:43.280 --> 00:11:45.520
And so they go to the, yet again,

344
00:11:45.520 --> 00:11:46.800
the grass is green on the other side,

345
00:11:46.800 --> 00:11:48.320
but what they don't know is that it's still

346
00:11:48.320 --> 00:11:49.320
fertilized with manure.

347
00:11:49.320 --> 00:11:51.000
They're still on the other side too.

348
00:11:51.000 --> 00:11:52.560
And so there's always everywhere.

349
00:11:52.560 --> 00:11:53.560
Let me get a real estate now.

350
00:11:53.560 --> 00:11:54.400
Let me get into this.

351
00:11:54.400 --> 00:11:55.400
Right, and best thing you say.

352
00:11:55.400 --> 00:11:56.400
I'm gonna do a whole stock.

353
00:11:56.440 --> 00:11:57.680
Of course, there's all these, you know,

354
00:11:57.680 --> 00:11:58.920
quick, make money things.

355
00:11:58.920 --> 00:11:59.960
But if you look at the people who are making

356
00:11:59.960 --> 00:12:01.800
them as money in it, they spent,

357
00:12:01.800 --> 00:12:03.880
usually it significant amount of time.

358
00:12:03.880 --> 00:12:05.000
And I'm saying this again,

359
00:12:05.000 --> 00:12:06.280
but I'm bearing it for repetitions

360
00:12:06.280 --> 00:12:07.960
that the rocky cutscene last two minutes

361
00:12:07.960 --> 00:12:12.080
in movies in my last five years for most people or 10.

362
00:12:12.080 --> 00:12:13.720
And I remember my, so my neighbor,

363
00:12:13.720 --> 00:12:14.760
I've had always 15 years old.

364
00:12:14.760 --> 00:12:16.840
He now works for us at acquisition.com.

365
00:12:17.840 --> 00:12:20.160
But he, this is a cool story.

366
00:12:20.160 --> 00:12:21.600
So he's 15 years old and he's like,

367
00:12:21.600 --> 00:12:22.520
I wanna be an entrepreneur.

368
00:12:22.520 --> 00:12:24.400
And so I, you know, he worked out with me every day

369
00:12:24.400 --> 00:12:27.040
for a couple of years at my home gym.

370
00:12:28.280 --> 00:12:30.840
And so he got jacked now.

371
00:12:30.840 --> 00:12:33.520
Never more jack than me.

372
00:12:34.680 --> 00:12:37.080
And so he then goes to college.

373
00:12:37.080 --> 00:12:39.600
And after his first semester, he's like,

374
00:12:39.600 --> 00:12:41.200
I don't know, like this is, you know,

375
00:12:41.200 --> 00:12:43.120
I'm studying business and I was like, dude,

376
00:12:43.120 --> 00:12:44.480
are you willing in this or not?

377
00:12:44.480 --> 00:12:45.320
Are you really doing this?

378
00:12:45.320 --> 00:12:46.640
And he was like, well, you know,

379
00:12:46.640 --> 00:12:49.480
I'm not, school's not really blah, blah, blah.

380
00:12:49.480 --> 00:12:50.480
And I said, the world doesn't need

381
00:12:50.480 --> 00:12:52.480
another three one business degree.

382
00:12:52.640 --> 00:12:55.520
Either crush school or don't go.

383
00:12:55.520 --> 00:12:57.640
If your goal is entrepreneurship,

384
00:12:57.640 --> 00:12:59.880
he's like, well, I wanna be an entrepreneur.

385
00:12:59.880 --> 00:13:02.920
And so I apparently told him this that he remembers

386
00:13:02.920 --> 00:13:04.520
because he's, he brings it up all the time.

387
00:13:04.520 --> 00:13:08.200
But I said, you are afraid of going all

388
00:13:08.200 --> 00:13:10.040
in on entrepreneurship because staying in college

389
00:13:10.040 --> 00:13:12.040
is safe from an approval perspective.

390
00:13:12.040 --> 00:13:13.800
So you're doing all these side things,

391
00:13:13.800 --> 00:13:17.120
but you don't have to bear the brunt of not a failing

392
00:13:17.120 --> 00:13:18.280
because you're still in school.

393
00:13:18.280 --> 00:13:19.120
Yeah.

394
00:13:19.120 --> 00:13:20.120
It's like, so you need to get through.

395
00:13:20.120 --> 00:13:21.600
Not all that, exactly.

396
00:13:21.600 --> 00:13:23.160
And so he quit school.

397
00:13:23.160 --> 00:13:26.160
And then he started on the call floor of Jim Lodge.

398
00:13:26.160 --> 00:13:27.400
Now, that's like glorious.

399
00:13:27.400 --> 00:13:29.360
And to be fair to the point where I'm making earlier,

400
00:13:29.360 --> 00:13:30.760
I said, I can't get to the job.

401
00:13:30.760 --> 00:13:31.840
I won't give you that.

402
00:13:31.840 --> 00:13:33.360
So I can get you an interview.

403
00:13:33.360 --> 00:13:34.600
I was like, it's gonna be up the sales manager

404
00:13:34.600 --> 00:13:36.760
and I'm not gonna tell him that I know you.

405
00:13:36.760 --> 00:13:39.440
He was like, okay, I was like, you better be prepared.

406
00:13:39.440 --> 00:13:41.480
And so he did get the job to be fair

407
00:13:41.480 --> 00:13:44.680
the qualifications for frontline collars, not super high.

408
00:13:44.680 --> 00:13:46.120
And the reason that I started him there

409
00:13:46.120 --> 00:13:47.960
was because I actually walked in on him one day

410
00:13:47.960 --> 00:13:50.080
when he was waiting for me to go work out

411
00:13:50.080 --> 00:13:51.760
and I heard him on the phone trying to do

412
00:13:51.760 --> 00:13:54.480
one of these wholesaling real estate deals.

413
00:13:54.480 --> 00:13:55.680
And I said, you know, what's your close to deal?

414
00:13:55.680 --> 00:13:57.360
And he said, ah, no.

415
00:13:57.360 --> 00:13:59.480
And he said, I'm not sure if real estate,

416
00:13:59.480 --> 00:14:01.400
you know, the wholesaler thing's for me.

417
00:14:01.400 --> 00:14:04.840
And I said, well, have you heard you on the phone?

418
00:14:04.840 --> 00:14:05.680
And I was like, what do you mean?

419
00:14:05.680 --> 00:14:07.600
I was like, you sound horrible.

420
00:14:07.600 --> 00:14:08.920
And you can't sell anything.

421
00:14:08.920 --> 00:14:10.600
And on the skill, of course.

422
00:14:10.600 --> 00:14:12.000
He said, well, how do I get good at sales?

423
00:14:12.000 --> 00:14:13.760
I was like, you work on a sales team

424
00:14:13.760 --> 00:14:15.160
with somebody who's been there before

425
00:14:15.160 --> 00:14:16.360
and can tell you what to do.

426
00:14:16.360 --> 00:14:18.120
And so I got him the interview.

427
00:14:18.120 --> 00:14:18.960
He took the job.

428
00:14:18.960 --> 00:14:22.240
He became the top salesman on the real setting team.

429
00:14:22.240 --> 00:14:23.080
Wow.

430
00:14:23.080 --> 00:14:24.640
And then he became, sorry, the outbound team.

431
00:14:24.640 --> 00:14:25.640
Then he went to the setting team

432
00:14:25.640 --> 00:14:26.720
which is the second rung of salesman.

433
00:14:26.720 --> 00:14:28.320
They qualify the leads.

434
00:14:28.320 --> 00:14:29.800
Then he became the top one there.

435
00:14:29.800 --> 00:14:31.400
And then he got to the top of the Christmas tree

436
00:14:31.400 --> 00:14:32.680
which is closers.

437
00:14:32.680 --> 00:14:33.960
And he became the top closer.

438
00:14:35.000 --> 00:14:35.920
He learned skills.

439
00:14:35.920 --> 00:14:36.760
26 guys.

440
00:14:36.760 --> 00:14:37.600
Wow.

441
00:14:37.600 --> 00:14:38.440
Big team.

442
00:14:38.440 --> 00:14:39.280
And a lot of these are meant, you know,

443
00:14:39.280 --> 00:14:40.520
have families, kids.

444
00:14:40.520 --> 00:14:41.360
Wow.

445
00:14:41.360 --> 00:14:42.840
And how much can you make as a top closer?

446
00:14:42.840 --> 00:14:43.680
250.

447
00:14:43.680 --> 00:14:44.520
250 a year.

448
00:14:44.520 --> 00:14:45.360
Yeah.

449
00:14:45.360 --> 00:14:46.360
It's a pretty good money.

450
00:14:46.360 --> 00:14:48.440
For a 21 year old 20 year old.

451
00:14:48.440 --> 00:14:49.280
Yeah.

452
00:14:49.280 --> 00:14:50.120
Yeah.

453
00:14:50.120 --> 00:14:51.120
19 at the time.

454
00:14:51.120 --> 00:14:52.120
19 making 250.

455
00:14:52.120 --> 00:14:53.120
Yeah.

456
00:14:53.120 --> 00:14:54.120
That's life changing.

457
00:14:54.120 --> 00:14:55.120
Of course.

458
00:14:55.120 --> 00:14:56.120
And he had to learn how to talk to men.

459
00:14:56.120 --> 00:14:57.120
Talk to the gym owners.

460
00:14:57.120 --> 00:14:58.120
Four year old gym owners telling them

461
00:14:58.120 --> 00:14:59.120
how he can help them with their business.

462
00:14:59.120 --> 00:15:00.120
Wow.

463
00:15:00.120 --> 00:15:01.120
Right.

464
00:15:01.120 --> 00:15:02.120
Takes balls.

465
00:15:02.120 --> 00:15:04.800
And so I bring that up to say,

466
00:15:04.800 --> 00:15:07.360
is that when you're starting out,

467
00:15:07.360 --> 00:15:10.920
you need to focus on learning rather than earning.

468
00:15:10.920 --> 00:15:12.360
Now, he obviously earned,

469
00:15:12.360 --> 00:15:14.000
but it was because he quickly fast tracked

470
00:15:14.000 --> 00:15:14.960
his learning process.

471
00:15:14.960 --> 00:15:17.760
And so I think one of the biggest hacks in the world

472
00:15:17.760 --> 00:15:21.160
is getting paid to learn.

473
00:15:21.160 --> 00:15:23.320
Like right now, we have this big societal context

474
00:15:23.320 --> 00:15:25.480
of like you pay in order to learn.

475
00:15:25.480 --> 00:15:28.000
But what if there are a world where you could get paid to learn?

476
00:15:28.000 --> 00:15:30.400
Well, that is what working at a company is.

477
00:15:30.400 --> 00:15:32.960
If you're mindful of what career path you want to get into,

478
00:15:32.960 --> 00:15:34.760
and now if you're like, I don't know what I want to do,

479
00:15:34.760 --> 00:15:36.760
then I would recommend starting with a meta skill.

480
00:15:36.760 --> 00:15:38.720
So sales is going to like,

481
00:15:38.720 --> 00:15:39.640
if you learn how to sell,

482
00:15:39.640 --> 00:15:41.560
it'll work in any company or if you learn how to market

483
00:15:41.560 --> 00:15:42.560
or work in any company.

484
00:15:42.560 --> 00:15:44.440
I mean, to be fair, if you get into HR,

485
00:15:44.440 --> 00:15:45.960
there's a million businesses in each HR stuff,

486
00:15:45.960 --> 00:15:47.120
if that's what you like.

487
00:15:47.120 --> 00:15:48.480
And if you're like, I don't know what I like.

488
00:15:48.480 --> 00:15:50.400
Well, you're also aren't going to like anything

489
00:15:50.400 --> 00:15:51.320
unless you start,

490
00:15:51.320 --> 00:15:53.040
because we usually only like things that we're good at.

491
00:15:53.040 --> 00:15:55.520
And we usually aren't good at things that you start.

492
00:15:55.520 --> 00:15:56.360
Right?

493
00:15:56.360 --> 00:15:57.360
And so the only way to get good at something

494
00:15:57.360 --> 00:15:58.320
is to do a lot of it.

495
00:15:58.320 --> 00:15:59.560
And when you start, you suck.

496
00:15:59.560 --> 00:16:01.280
And so a lot of the time,

497
00:16:01.280 --> 00:16:03.040
there's this fallacy of finding the right thing

498
00:16:03.040 --> 00:16:04.120
or the perfect fit.

499
00:16:04.120 --> 00:16:06.320
But one, almost every entrepreneur that I know

500
00:16:06.320 --> 00:16:07.680
has had many, many, many businesses.

501
00:16:07.680 --> 00:16:10.360
And mostly many failures before they had their success.

502
00:16:10.360 --> 00:16:11.640
It's because each one of them stair stepped.

503
00:16:11.640 --> 00:16:13.680
And so there's this paralysis where I'm like,

504
00:16:13.680 --> 00:16:15.200
I got to pick the right thing.

505
00:16:15.200 --> 00:16:17.440
And it's really, you got to pick something.

506
00:16:17.440 --> 00:16:19.480
And then you'll learn all the inadequacies

507
00:16:19.480 --> 00:16:22.320
that you have no idea about once you get into it.

508
00:16:22.320 --> 00:16:25.600
Like I started in gym when I was 22 years old.

509
00:16:25.600 --> 00:16:26.800
Like brick and mortar sign, at least.

510
00:16:26.800 --> 00:16:28.120
Yeah, you said you didn't know that.

511
00:16:28.120 --> 00:16:29.320
It was stupid.

512
00:16:29.320 --> 00:16:31.360
I had no idea what I was doing.

513
00:16:31.360 --> 00:16:32.800
But I did have, I did sign.

514
00:16:32.800 --> 00:16:35.320
I was, you know, kudos to younger me.

515
00:16:35.320 --> 00:16:37.640
I had a mentor early on who was in the gym world.

516
00:16:37.640 --> 00:16:38.480
That's great.

517
00:16:38.480 --> 00:16:40.360
So you could get advice to learn from?

518
00:16:40.360 --> 00:16:41.560
Yes, I mean, still.

519
00:16:41.560 --> 00:16:43.280
It was still incredibly hard.

520
00:16:43.280 --> 00:16:45.440
But I got, I was able to just get, you know,

521
00:16:45.440 --> 00:16:48.280
suck everything like a, you know, fire, fire,

522
00:16:48.280 --> 00:16:51.960
vacuum cleaner to get all the information I needed

523
00:16:51.960 --> 00:16:54.160
to just barely keep my head above water until,

524
00:16:54.160 --> 00:16:55.320
and then things started to work out

525
00:16:55.320 --> 00:16:57.240
because I just, every weekend I'd go and drive over

526
00:16:57.240 --> 00:16:58.960
to a gym owner and say, why do you do this?

527
00:16:58.960 --> 00:17:00.040
Why is your lobby like this?

528
00:17:00.040 --> 00:17:00.920
How many of these do you convert?

529
00:17:00.920 --> 00:17:02.000
How do you call, like whatever?

530
00:17:02.000 --> 00:17:03.680
And so I just kept doing that every single weekend

531
00:17:03.680 --> 00:17:05.360
because I was such a young guy.

532
00:17:05.360 --> 00:17:06.800
Everyone else helped this guy out here, yeah.

533
00:17:06.800 --> 00:17:07.640
Exactly.

534
00:17:07.640 --> 00:17:10.280
And I have a lot, I owe a lot to those older entrepreneurs

535
00:17:10.280 --> 00:17:11.280
who helped me out.

536
00:17:11.440 --> 00:17:13.000
In some ways, a lot of what I do at acquisition.com

537
00:17:13.000 --> 00:17:15.160
is kind of my, my small way of paying it for it.

538
00:17:17.400 --> 00:17:18.720
Hey, most of the nation, quick break,

539
00:17:18.720 --> 00:17:19.840
just to let you know that we've been starting

540
00:17:19.840 --> 00:17:22.600
to post on LinkedIn and want to connect with you.

541
00:17:22.600 --> 00:17:24.040
All right, so send me a connection request

542
00:17:24.040 --> 00:17:25.680
and note letting me know that you listen to the show

543
00:17:25.680 --> 00:17:26.960
and I will accept it.

544
00:17:26.960 --> 00:17:28.920
There's anyone you think that we should be connected with,

545
00:17:28.920 --> 00:17:31.360
tag them in one of my or layless posts

546
00:17:31.360 --> 00:17:33.440
and I will give you all the love in the world.

547
00:17:33.440 --> 00:17:35.000
All right, so let's get back to the show.

548
00:17:37.360 --> 00:17:39.400
And one of the cool things is when you're someone

549
00:17:39.480 --> 00:17:41.840
who's getting started and you're going out

550
00:17:41.840 --> 00:17:44.920
and humbly asking for advice, but you're taking the actions.

551
00:17:44.920 --> 00:17:47.560
Hey, I'm launching this thing, I'm taking the steps.

552
00:17:47.560 --> 00:17:49.920
I'm just trying to figure it out, but I'm taking the actions

553
00:17:49.920 --> 00:17:51.080
and I'm in the process.

554
00:17:51.080 --> 00:17:53.760
People usually want to give advice and support

555
00:17:53.760 --> 00:17:55.120
and say, hey, why don't you come check out

556
00:17:55.120 --> 00:17:57.560
and both go up or launch whatever it is.

557
00:17:57.560 --> 00:17:59.760
But if you're just saying I want to do this,

558
00:17:59.760 --> 00:18:01.800
but I'm not taking any action,

559
00:18:01.800 --> 00:18:03.160
people are less likely to help you.

560
00:18:03.160 --> 00:18:04.120
Maybe they'll help you a little bit,

561
00:18:04.120 --> 00:18:07.040
but they see you struggling and trying and like

562
00:18:07.040 --> 00:18:08.360
leaping before you're ready.

563
00:18:08.440 --> 00:18:11.240
It's like, I cool, let's help you get it going.

564
00:18:11.240 --> 00:18:13.920
I love the saying luck favors the prepared.

565
00:18:13.920 --> 00:18:18.400
So like if you want to go ask, you know,

566
00:18:18.400 --> 00:18:22.680
Lewis to have you on or to get Lewis on your show, right?

567
00:18:22.680 --> 00:18:23.520
Well, what do you do?

568
00:18:23.520 --> 00:18:26.960
You don't just ask Lewis, you show how much you've prepared.

569
00:18:26.960 --> 00:18:29.480
So hey, I went through 50 hours of your content.

570
00:18:29.480 --> 00:18:31.400
These are nine questions that have never been asked you

571
00:18:31.400 --> 00:18:32.920
before that I think would be really good.

572
00:18:32.920 --> 00:18:35.000
I've got two guys, two buddies of mine from college

573
00:18:35.000 --> 00:18:36.240
who are gonna also video it.

574
00:18:36.400 --> 00:18:39.200
I've got this church basement that I can get the lighting

575
00:18:39.200 --> 00:18:40.960
to look really cool so we can make cinematic.

576
00:18:40.960 --> 00:18:43.000
Cause it's a real, I know I don't have the audience

577
00:18:43.000 --> 00:18:45.240
that you have, but I can help at least give you clips

578
00:18:45.240 --> 00:18:47.600
that will distribute and actually convert for you.

579
00:18:47.600 --> 00:18:49.840
And hopefully that's enough of a value at it.

580
00:18:49.840 --> 00:18:52.240
Now, Lewis might not say yes,

581
00:18:52.240 --> 00:18:54.800
but if you do that a hundred times, count in hundreds.

582
00:18:54.800 --> 00:18:55.640
Right.

583
00:18:55.640 --> 00:18:56.960
One Lewis will say yes.

584
00:18:56.960 --> 00:18:57.800
Right.

585
00:18:57.800 --> 00:19:01.400
And everyone loves to help people who help themselves.

586
00:19:01.400 --> 00:19:02.240
Always.

587
00:19:02.240 --> 00:19:04.480
Because the biggest fear that anyone who gives advice has

588
00:19:04.560 --> 00:19:06.560
is that someone takes the advice and does nothing.

589
00:19:06.560 --> 00:19:07.400
Exactly.

590
00:19:07.400 --> 00:19:08.240
They didn't learn.

591
00:19:08.240 --> 00:19:09.080
They didn't change their behavior.

592
00:19:09.080 --> 00:19:10.080
That's true, right?

593
00:19:10.080 --> 00:19:11.040
It's a waste of the time.

594
00:19:11.040 --> 00:19:12.560
So you don't feel like you're teaching.

595
00:19:12.560 --> 00:19:13.920
You only teach if they change their behavior,

596
00:19:13.920 --> 00:19:15.320
if they change their behavior, if they learned.

597
00:19:15.320 --> 00:19:18.160
And so everyone, many people like being a teacher,

598
00:19:18.160 --> 00:19:19.320
I think a teaching role is nice.

599
00:19:19.320 --> 00:19:21.560
I think most people feel good about it.

600
00:19:21.560 --> 00:19:22.880
But you only feel like you have a teaching role

601
00:19:22.880 --> 00:19:24.360
if you see a change.

602
00:19:24.360 --> 00:19:25.760
And if someone takes action, right?

603
00:19:25.760 --> 00:19:27.000
And you can hack the whole system

604
00:19:27.000 --> 00:19:29.360
if you just show people that you'll take initiative.

605
00:19:29.360 --> 00:19:30.200
100%.

606
00:19:30.200 --> 00:19:31.560
If you take, I mean, that's what happened for me earlier.

607
00:19:31.560 --> 00:19:32.800
I was just taking a lot of action

608
00:19:32.920 --> 00:19:35.160
and people were like, they wanted to add me in the room.

609
00:19:35.160 --> 00:19:36.560
They wanted me at the table.

610
00:19:36.560 --> 00:19:37.800
Because I was willing to take action.

611
00:19:37.800 --> 00:19:40.120
Even though I was young and broke and struggling,

612
00:19:40.120 --> 00:19:42.080
they were like, hey, this guy's showing up.

613
00:19:42.080 --> 00:19:43.800
And go to every conference that I could

614
00:19:43.800 --> 00:19:46.480
and kind of the social media blogging world early on.

615
00:19:47.440 --> 00:19:49.680
And somehow get to the late night dinners

616
00:19:49.680 --> 00:19:51.360
at 2 a.m. with all the speakers.

617
00:19:51.360 --> 00:19:53.160
And they were like, hey, why don't you come tag along,

618
00:19:53.160 --> 00:19:54.640
young guy, you know?

619
00:19:54.640 --> 00:19:56.280
You bring us a lot of joy, at least.

620
00:19:56.280 --> 00:19:57.880
Even though you don't have no clue what you're doing.

621
00:19:57.880 --> 00:20:00.040
You can't offer anything else but joy.

622
00:20:00.040 --> 00:20:00.880
Right.

623
00:20:00.880 --> 00:20:02.200
You're asking me some interesting questions

624
00:20:02.200 --> 00:20:03.040
that people don't.

625
00:20:03.040 --> 00:20:04.800
So yeah, I'm happy to talk about myself

626
00:20:04.800 --> 00:20:05.720
for another 20 minutes.

627
00:20:05.720 --> 00:20:06.560
Totally.

628
00:20:06.560 --> 00:20:08.040
And you get in the room, you get access,

629
00:20:08.040 --> 00:20:09.240
and you take action.

630
00:20:09.240 --> 00:20:11.440
People will want to keep supporting you.

631
00:20:11.440 --> 00:20:12.280
Totally.

632
00:20:12.280 --> 00:20:14.280
Because you're applying their teachings.

633
00:20:14.280 --> 00:20:15.640
And people like that.

634
00:20:15.640 --> 00:20:16.560
Makes it feel important.

635
00:20:16.560 --> 00:20:17.680
It does.

636
00:20:17.680 --> 00:20:19.840
And validates, oh, I know something about what,

637
00:20:19.840 --> 00:20:21.000
you know, what I'm doing.

638
00:20:21.000 --> 00:20:21.840
And that's good.

639
00:20:21.840 --> 00:20:24.000
You want to keep helping this person grow.

640
00:20:24.000 --> 00:20:26.000
What do you think your 85 year old self

641
00:20:27.560 --> 00:20:30.640
needs to tell you now to get to where you want to be faster?

642
00:20:31.880 --> 00:20:34.240
Oh, it's funny that that was the question.

643
00:20:34.240 --> 00:20:36.400
Um, I mean, he would tell me.

644
00:20:36.400 --> 00:20:37.320
Do you have the mentors?

645
00:20:37.320 --> 00:20:38.760
Yeah, no, I mean, he would tell me,

646
00:20:38.760 --> 00:20:40.920
why do you want to go faster?

647
00:20:40.920 --> 00:20:43.040
Be like, why can't it take 10 times as long?

648
00:20:43.040 --> 00:20:44.240
Uh-huh.

649
00:20:44.240 --> 00:20:45.600
From 200,000,000?

650
00:20:45.600 --> 00:20:46.480
Sure.

651
00:20:46.480 --> 00:20:47.480
Why not?

652
00:20:47.480 --> 00:20:49.200
Why is it need to be five years or 10 years?

653
00:20:49.200 --> 00:20:50.480
Why can't it be 50 years?

654
00:20:50.480 --> 00:20:51.080
Right.

655
00:20:51.080 --> 00:20:52.360
If you, if it took 50 years,

656
00:20:52.360 --> 00:20:54.640
but then it all happened at once at the end,

657
00:20:54.640 --> 00:20:55.880
would you like that?

658
00:20:56.880 --> 00:20:57.640
I don't know.

659
00:20:57.640 --> 00:20:58.640
Right?

660
00:20:58.640 --> 00:21:00.280
It's kind of like the man who lives an amazing life

661
00:21:00.280 --> 00:21:02.240
and the last day everyone finds out he's a fraud.

662
00:21:02.240 --> 00:21:04.480
Or the man who lives his entire life with everyone

663
00:21:04.480 --> 00:21:06.120
thinking he's a fraud and then in the last day of his life,

664
00:21:06.120 --> 00:21:07.280
he's proven right.

665
00:21:07.280 --> 00:21:08.440
Which one do you rather be?

666
00:21:08.440 --> 00:21:09.120
Pure dawn.

667
00:21:09.120 --> 00:21:10.120
And I'm going to get the experience,

668
00:21:10.120 --> 00:21:12.200
the fruit of it all by interesting question, though.

669
00:21:12.200 --> 00:21:12.720
Yeah.

670
00:21:12.720 --> 00:21:15.080
It's like the painter that become famous once they're dead.

671
00:21:15.080 --> 00:21:16.000
Yeah.

672
00:21:16.000 --> 00:21:17.760
And so I think, I mean, 85 year old me,

673
00:21:17.760 --> 00:21:18.720
I'll tell you the recurring thing

674
00:21:18.720 --> 00:21:20.400
is that he works on with me.

675
00:21:20.400 --> 00:21:23.120
Um, patience is a big one.

676
00:21:23.120 --> 00:21:26.800
Uh, focus is a big one sticking with what I committed to.

677
00:21:26.800 --> 00:21:29.480
Um, focusing on the controllables of like,

678
00:21:29.480 --> 00:21:30.360
what are the activities?

679
00:21:30.360 --> 00:21:32.320
What are the actions that I have to take?

680
00:21:32.320 --> 00:21:37.320
And being okay with potentially varied outcomes.

681
00:21:37.720 --> 00:21:39.040
Sometimes it's good, sometimes it's bad,

682
00:21:39.040 --> 00:21:41.840
but being consistently divorced from the outcome.

683
00:21:41.840 --> 00:21:44.480
But trying my absolute damnedest to make sure

684
00:21:44.480 --> 00:21:45.720
that everything that is in my control

685
00:21:45.720 --> 00:21:47.120
was done to the utmost.

686
00:21:47.120 --> 00:21:50.440
And I like, we started there, but I just like,

687
00:21:50.440 --> 00:21:53.040
it's hard to understand the context.

688
00:21:53.040 --> 00:21:53.960
Like you hear this.

689
00:21:53.960 --> 00:21:56.280
You hear people say this, like it's about the journey,

690
00:21:56.280 --> 00:21:58.040
not about the destination.

691
00:21:58.080 --> 00:22:00.600
And you hear people say like, you know, it's, it's about,

692
00:22:00.600 --> 00:22:01.680
it's about doing the stuff.

693
00:22:01.680 --> 00:22:02.680
It's not about the outcome.

694
00:22:02.680 --> 00:22:04.200
And you're like, yeah, it's easy for you to say

695
00:22:04.200 --> 00:22:05.480
when you have the outcome.

696
00:22:05.480 --> 00:22:07.560
Right. When they've already made the money, of course, yeah.

697
00:22:07.560 --> 00:22:12.080
Of course, I get it, but if you can,

698
00:22:12.080 --> 00:22:14.400
if you can make that flip, like it's just,

699
00:22:14.400 --> 00:22:17.320
the hard part is the action is so much greater.

700
00:22:17.320 --> 00:22:21.320
If you really measured yourself by the actions you take,

701
00:22:22.120 --> 00:22:23.920
then you might be embarrassed.

702
00:22:23.920 --> 00:22:27.040
So you really hope to measure yourself on the outcome

703
00:22:27.080 --> 00:22:29.360
because you can get by on sometimes winning

704
00:22:29.360 --> 00:22:30.360
when you don't deserve it.

705
00:22:30.360 --> 00:22:31.880
Mm.

706
00:22:31.880 --> 00:22:35.320
And so, 85, worldly, never lets me win

707
00:22:35.320 --> 00:22:36.320
when I don't deserve it.

708
00:22:36.320 --> 00:22:40.280
Ooh. Man, I would rather lose, but now I gave my all,

709
00:22:40.280 --> 00:22:43.800
then win and be like, I just kind of just barely showed up today.

710
00:22:43.800 --> 00:22:44.720
Right. You wouldn't know.

711
00:22:44.720 --> 00:22:47.960
I won, but it's because I had an inferior opponent.

712
00:22:47.960 --> 00:22:49.840
It's not because I played my best.

713
00:22:50.680 --> 00:22:52.280
It sucks to lose.

714
00:22:52.280 --> 00:22:54.880
It's a no man I was freaking gave everything,

715
00:22:54.880 --> 00:22:57.480
every ounce of weight, energy, and every trick and skill

716
00:22:57.480 --> 00:22:59.880
that I had to play this game and win it.

717
00:22:59.880 --> 00:23:02.080
I came short, it's got a sting, it's got a hurt,

718
00:23:02.080 --> 00:23:06.360
but at least I know I don't regret the effort that I put in.

719
00:23:07.280 --> 00:23:10.080
And I can be, here's a great example.

720
00:23:10.080 --> 00:23:11.360
This still haunts me today.

721
00:23:11.360 --> 00:23:12.360
Yeah.

722
00:23:12.360 --> 00:23:16.680
2002 was October.

723
00:23:16.680 --> 00:23:18.320
So it was 21 years ago, is that right?

724
00:23:18.320 --> 00:23:19.320
October 2002.

725
00:23:19.320 --> 00:23:22.400
Yeah, almost 21 years ago, is that what it was?

726
00:23:22.400 --> 00:23:24.120
It wasn't too.

727
00:23:24.120 --> 00:23:28.000
We're playing a football at Principia College,

728
00:23:28.000 --> 00:23:30.040
small school in Illinois.

729
00:23:30.040 --> 00:23:33.840
And we, it's my sophomore year there.

730
00:23:34.880 --> 00:23:36.240
My freshman year, I went to another school

731
00:23:36.240 --> 00:23:37.760
so I transferred into this school.

732
00:23:38.760 --> 00:23:42.400
We're playing and it's a tight, tight game in home,

733
00:23:42.400 --> 00:23:43.800
back and forth.

734
00:23:43.800 --> 00:23:46.520
Camera in the final score, but we lose by a touchdown.

735
00:23:47.520 --> 00:23:53.320
I score three or four touchdowns.

736
00:23:53.320 --> 00:23:56.920
I think I got an extra point, I got a two point conversion

737
00:23:56.920 --> 00:24:01.920
and I had 17 catches for 418 yards and we lost.

738
00:24:02.240 --> 00:24:05.960
In the last couple of plays, we didn't score to go and win.

739
00:24:05.960 --> 00:24:07.960
And I remember being the last one out of the locker room,

740
00:24:07.960 --> 00:24:10.960
I was in the shower, I was so upset that we lost.

741
00:24:12.760 --> 00:24:15.520
And my coach comes in, it's kind of an awkward moment

742
00:24:15.520 --> 00:24:16.600
because I'm in the shower, you know,

743
00:24:16.600 --> 00:24:18.160
an exposed open shower, you know,

744
00:24:18.160 --> 00:24:20.640
I'm just like kind of pouting and like sad and depressed

745
00:24:20.640 --> 00:24:23.040
or whatever and just like, in there, everyone's gone.

746
00:24:23.040 --> 00:24:25.320
I'm sad we lost the game and he kind of comes

747
00:24:25.320 --> 00:24:30.320
around the corner and says, Hey, Lewis, good game.

748
00:24:32.440 --> 00:24:35.040
Just to let you know, you broke a world record today.

749
00:24:35.040 --> 00:24:37.680
And I go, what do you mean?

750
00:24:37.680 --> 00:24:41.400
And he goes, yeah, you had 17 catches from 418 yards.

751
00:24:41.400 --> 00:24:44.000
No one's ever done that in the history of a football game.

752
00:24:45.000 --> 00:24:48.320
You're a new NCAA all record holder.

753
00:24:48.320 --> 00:24:51.800
And I go, I'm sad and depressed and angry

754
00:24:51.800 --> 00:24:54.760
because I didn't do more to help us win and we lost.

755
00:24:54.760 --> 00:24:57.560
And at the same time, I hear that I did something

756
00:24:57.560 --> 00:24:59.160
that no one in the history of the world

757
00:24:59.160 --> 00:25:03.560
had ever done in the football game and it was tough

758
00:25:03.560 --> 00:25:06.400
because I felt like, man, we lost, but I gave it everything.

759
00:25:06.400 --> 00:25:08.520
But I was like, but could I still give it more?

760
00:25:08.520 --> 00:25:10.000
It's like, I don't know.

761
00:25:10.000 --> 00:25:13.000
But I feel like, you know, at least we didn't win

762
00:25:13.080 --> 00:25:16.720
and I played to a lower level and didn't create that result.

763
00:25:16.720 --> 00:25:18.520
At least I created something that for me,

764
00:25:18.520 --> 00:25:20.520
I can be proud of even if we lost.

765
00:25:20.520 --> 00:25:22.440
It still haunts me that we lost.

766
00:25:22.440 --> 00:25:26.320
Interesting, but it's, but I know because we were behind,

767
00:25:26.320 --> 00:25:29.200
I had to give so much more than it was capable of.

768
00:25:29.200 --> 00:25:31.120
And if we were winning, I wouldn't have gotten

769
00:25:31.120 --> 00:25:32.680
that effort out of myself.

770
00:25:33.680 --> 00:25:35.040
So it's an interesting dynamic.

771
00:25:35.040 --> 00:25:36.080
Yeah.

772
00:25:36.080 --> 00:25:38.840
It is because I would wonder if you had that same exact experience

773
00:25:38.840 --> 00:25:40.800
but you didn't break the world record

774
00:25:40.800 --> 00:25:41.680
or no one ever told you.

775
00:25:41.720 --> 00:25:42.720
Exactly, right.

776
00:25:42.720 --> 00:25:45.000
If you would still, because you said

777
00:25:45.000 --> 00:25:47.280
that you had the sting of the loss

778
00:25:47.280 --> 00:25:49.160
and I wonder if Lewis today would feel that way.

779
00:25:49.160 --> 00:25:51.240
Because if you, because you said, like,

780
00:25:51.240 --> 00:25:52.640
I don't know if I could have given more,

781
00:25:52.640 --> 00:25:55.160
but I feel like on some levels, like at least for me,

782
00:25:55.160 --> 00:25:56.960
like sure we can get into the hypotheticals

783
00:25:56.960 --> 00:25:58.080
of like you can always give more, okay?

784
00:25:58.080 --> 00:25:58.920
Of course, yeah.

785
00:25:58.920 --> 00:26:00.760
But there are certain times from like,

786
00:26:00.760 --> 00:26:03.880
I know I could sprint after the guy,

787
00:26:04.680 --> 00:26:06.760
even though I'm probably not gonna get, you know.

788
00:26:06.760 --> 00:26:08.120
But I could give it the last 20 yards here.

789
00:26:08.120 --> 00:26:09.520
Right, exactly.

790
00:26:09.560 --> 00:26:13.200
And I think that this is where 85-year-old me

791
00:26:13.200 --> 00:26:14.720
is the one that he is ruthless.

792
00:26:15.640 --> 00:26:17.800
And I love this David Dawgins saying,

793
00:26:17.800 --> 00:26:18.720
I don't know if it's a saying of his,

794
00:26:18.720 --> 00:26:20.360
I heard it in one of his videos,

795
00:26:20.360 --> 00:26:23.560
but he said, there's no shortcuts for you, Dawgins.

796
00:26:25.440 --> 00:26:27.920
And I just really love that.

797
00:26:27.920 --> 00:26:29.600
Like, he doesn't even look for them

798
00:26:29.600 --> 00:26:31.640
because he said, you don't get those.

799
00:26:31.640 --> 00:26:33.320
You don't get shortcuts.

800
00:26:33.320 --> 00:26:35.320
There are no corners to cut.

801
00:26:35.320 --> 00:26:38.680
And that to me is like the embodiment of that,

802
00:26:38.680 --> 00:26:40.920
that 85-year-old self, because he knows

803
00:26:40.920 --> 00:26:42.640
if I could have sprinted or not.

804
00:26:42.640 --> 00:26:45.400
And so it's if I can appeal to that man's

805
00:26:45.400 --> 00:26:47.360
incredibly high standards, which is why,

806
00:26:47.360 --> 00:26:51.000
like commit to the journey is not the easier path.

807
00:26:51.000 --> 00:26:52.880
I think it is the harder path

808
00:26:52.880 --> 00:26:54.720
because the standard is higher.

809
00:26:54.720 --> 00:26:56.280
And when you really do that,

810
00:26:57.760 --> 00:26:59.360
the winning does happen by default,

811
00:26:59.360 --> 00:27:03.080
but even saying that still makes winning the objective.

812
00:27:03.960 --> 00:27:05.800
Right, and you're just saying this is a different pathway

813
00:27:05.800 --> 00:27:07.600
of getting to winning, but winning still doesn't matter.

814
00:27:07.640 --> 00:27:08.920
It does matter.

815
00:27:08.920 --> 00:27:10.360
I think it's a boat.

816
00:27:10.360 --> 00:27:13.120
It's the journey matter and the outcomes matter.

817
00:27:13.120 --> 00:27:14.120
The more, the more, the more,

818
00:27:14.120 --> 00:27:16.160
because the outcomes also give credibility.

819
00:27:16.160 --> 00:27:18.240
They give more context, they give more experience,

820
00:27:18.240 --> 00:27:21.400
they give more wisdom to the teacher.

821
00:27:21.400 --> 00:27:22.240
Oh, yeah.

822
00:27:22.240 --> 00:27:23.760
I, if you had no outcomes,

823
00:27:23.760 --> 00:27:25.800
but you said, look at all the efforts I put in though,

824
00:27:25.800 --> 00:27:27.600
but I put in 10,000 hours,

825
00:27:27.600 --> 00:27:29.200
but I haven't sold a company,

826
00:27:29.200 --> 00:27:30.960
I haven't built anything because.

827
00:27:30.960 --> 00:27:31.720
This is really interesting.

828
00:27:31.720 --> 00:27:32.720
It's gonna work.

829
00:27:32.720 --> 00:27:33.560
Yeah.

830
00:27:33.560 --> 00:27:34.400
You need to both end.

831
00:27:34.400 --> 00:27:35.520
Yeah, this is really interesting

832
00:27:35.520 --> 00:27:39.160
because on some, so I think from a,

833
00:27:39.160 --> 00:27:40.720
this is, I'm like, really liking this.

834
00:27:40.720 --> 00:27:43.000
So, from a, yeah.

835
00:27:43.000 --> 00:27:45.480
From a, from a fulfillment perspective.

836
00:27:45.480 --> 00:27:46.320
Yes.

837
00:27:46.320 --> 00:27:49.320
I believe that truly giving you wrong, actually,

838
00:27:49.320 --> 00:27:50.840
not like try your best.

839
00:27:50.840 --> 00:27:52.480
That's just like, it's such a,

840
00:27:52.480 --> 00:27:55.200
it's repeated so many times that it's lost its meaning.

841
00:27:55.200 --> 00:27:57.760
But leaving everything on the field,

842
00:27:57.760 --> 00:27:59.960
having the tank on zero or empty,

843
00:27:59.960 --> 00:28:01.680
when you walk off and truly knowing,

844
00:28:01.680 --> 00:28:02.680
and looking at yourself and being like,

845
00:28:02.680 --> 00:28:04.320
I could not have done anything more.

846
00:28:04.320 --> 00:28:05.760
And it's tough to do that,

847
00:28:05.760 --> 00:28:08.880
because we're naturally built to conserve effort, right?

848
00:28:08.880 --> 00:28:11.960
And so you really have to push and overcome

849
00:28:11.960 --> 00:28:14.400
the internal mechanisms that you have that,

850
00:28:14.400 --> 00:28:15.560
say, don't spread the last two hours.

851
00:28:15.560 --> 00:28:16.720
Could I put a little more, yeah?

852
00:28:16.720 --> 00:28:17.560
Right.

853
00:28:17.560 --> 00:28:18.560
And that's why I like,

854
00:28:18.560 --> 00:28:20.160
when I walked on stage for the presentation,

855
00:28:20.160 --> 00:28:22.200
I was like, I have done this before.

856
00:28:22.200 --> 00:28:23.240
I am prepared.

857
00:28:23.240 --> 00:28:25.680
I could not have prepared more for this

858
00:28:25.680 --> 00:28:27.960
in any way that would have been reason.

859
00:28:27.960 --> 00:28:31.760
And so, to that degree,

860
00:28:31.760 --> 00:28:34.080
I can still define success that way.

861
00:28:34.080 --> 00:28:35.920
The outcomes will happen.

862
00:28:35.920 --> 00:28:38.200
And I think it's still that little thing

863
00:28:38.200 --> 00:28:39.960
where it's like, do this in order to,

864
00:28:39.960 --> 00:28:41.640
you have to cut off the in order to.

865
00:28:41.640 --> 00:28:43.440
I really genuinely believe that,

866
00:28:43.440 --> 00:28:45.360
because I remember when I was in my retirement year,

867
00:28:45.360 --> 00:28:46.720
which is I still own the company,

868
00:28:46.720 --> 00:28:48.080
but we were in the process of selling,

869
00:28:48.080 --> 00:28:49.600
I had nothing to do.

870
00:28:49.600 --> 00:28:51.840
And it was an incredibly depressing year for me,

871
00:28:51.840 --> 00:28:53.680
which is why I've oriented my whole life around work,

872
00:28:53.680 --> 00:28:55.760
because I have really enjoyed it.

873
00:28:55.760 --> 00:28:59.120
And I remember getting really angry about this

874
00:28:59.120 --> 00:29:02.520
and thinking like, it's not you work hard

875
00:29:02.520 --> 00:29:04.440
so that you can.

876
00:29:04.440 --> 00:29:07.720
I was like, the hard work is the point.

877
00:29:07.720 --> 00:29:11.560
Like the point is how hard you learn to work.

878
00:29:11.560 --> 00:29:12.920
And that's the whole point where we're like,

879
00:29:12.920 --> 00:29:14.280
what has changed from last year to this year

880
00:29:14.280 --> 00:29:16.840
is like my understanding of my capacity

881
00:29:16.840 --> 00:29:18.480
to work continues to grow.

882
00:29:18.480 --> 00:29:20.400
And so, I am able to work harder

883
00:29:20.400 --> 00:29:23.040
and therefore am more proud of the effort

884
00:29:23.040 --> 00:29:25.320
that I put into it because, at least for me,

885
00:29:25.320 --> 00:29:28.800
I feel like I am, I know in the mirror,

886
00:29:28.800 --> 00:29:30.480
did I give it my all.

887
00:29:31.200 --> 00:29:33.160
I try to play out, this is a stoic frame,

888
00:29:33.160 --> 00:29:36.600
but like if I had had like a hurricane go through

889
00:29:36.600 --> 00:29:38.200
and we had not been able to launch

890
00:29:38.200 --> 00:29:39.680
because all the energy would have been gone.

891
00:29:39.680 --> 00:29:40.600
Let's just say hypothetical.

892
00:29:40.600 --> 00:29:41.560
And we did all this prep.

893
00:29:41.560 --> 00:29:42.400
Fear virtual event.

894
00:29:42.400 --> 00:29:43.400
Yes.

895
00:29:44.480 --> 00:29:47.640
Would I have been proud of the effort that I put in?

896
00:29:47.640 --> 00:29:49.080
The answer would have been yes.

897
00:29:49.080 --> 00:29:50.560
You seem to have let down and disappointed

898
00:29:50.560 --> 00:29:51.800
they didn't get to do the thing.

899
00:29:51.800 --> 00:29:56.000
Yes, but I think that it would have been short lived

900
00:29:56.000 --> 00:29:58.400
because I think that is like you asked,

901
00:29:58.480 --> 00:30:00.320
like earlier, what has been the biggest difference

902
00:30:00.320 --> 00:30:02.000
for you specifically?

903
00:30:02.000 --> 00:30:04.960
And this has been whatever you even call it

904
00:30:04.960 --> 00:30:07.200
super rare secret, with secret, whatever.

905
00:30:07.200 --> 00:30:11.280
Like this has been allowed me to keep my internal temperature

906
00:30:11.280 --> 00:30:12.800
separate from the external temperature

907
00:30:12.800 --> 00:30:14.360
to the greatest degree possible

908
00:30:14.360 --> 00:30:17.000
is knowing that I'm using my internal thermometer

909
00:30:17.000 --> 00:30:19.280
to gauge my success.

910
00:30:19.280 --> 00:30:21.000
And I'm not perfect by any flight.

911
00:30:21.000 --> 00:30:22.160
Right, right, right.

912
00:30:22.160 --> 00:30:23.840
But the more I do that,

913
00:30:24.560 --> 00:30:29.960
to use your example, if I had worked my absolute hardest

914
00:30:29.960 --> 00:30:33.480
for 10,000 hours, and I knew that I gave it my all

915
00:30:33.480 --> 00:30:35.520
and I had nothing to show for it.

916
00:30:35.520 --> 00:30:36.840
Now, I've actually had that since,

917
00:30:36.840 --> 00:30:38.120
because five years ago I lost it right.

918
00:30:38.120 --> 00:30:39.600
No external results is right for it.

919
00:30:39.600 --> 00:30:41.040
So I do know what that's like.

920
00:30:41.040 --> 00:30:42.240
I think at the end of your life,

921
00:30:42.240 --> 00:30:46.440
you'd still be more proud of the man that did his everything.

922
00:30:48.200 --> 00:30:50.640
Give it is all, let it all in the field,

923
00:30:50.640 --> 00:30:52.000
even if he didn't win.

924
00:30:52.000 --> 00:30:53.040
And I think that would be the man

925
00:30:53.040 --> 00:30:54.400
that I'd be more proud to be.
