WEBVTT

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and you ignore everybody who tells you that you're wrong

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and tells you that you're not gonna get there.

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And most of all, you ignore the thoughts

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that you were telling yourself about why you're not

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gonna get there because you are wrong

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on a long enough time horizon if you do the thing.

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And so if you do that, it becomes unreasonable

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that you won't succeed.

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Welcome to the game where we talk about how to get more customers,

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how to make more customers, how to keep them longer,

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and the many failures and lessons we have learned along the way.

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I hope you enjoy and subscribe.

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Moving on to the, you know, obviously the business side

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of things is phenomenal.

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But were you trained in during that process?

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Because obviously we, our view is a split into,

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into different categories on the podcast.

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We've got people who obviously big into the business,

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the branding and everything else.

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But obviously there's a big element of athletes

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that follow us too.

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During this process, were you still committing yourself

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to the gym was now like an element of stress view?

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To take that it out in the gym or no?

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I wish I could say that because I feel like

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that's the common narrative for most people.

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But I would say that I really enjoyed fitness

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for the first seven years until I opened a gym.

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And then it became, it literally went from being

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my passion to being like work.

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I actually had a mentor tell me, he said never monetize

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your passion, he's like because it becomes work.

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And I thought that was kind of interesting

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because it's kind of the opposite of what everyone says.

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It's just an, he just owned a bunch of chains of businesses.

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He's like, I go and hang out with my kids

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and I go surfing.

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I'm not going to build a business out of that.

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He's like, it was just ruined my day.

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Yeah, and it was just kind of, it was just an interesting

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perspective.

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But for me, you know, when I had the gym,

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training was required to look like a gym owner.

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So I just kind of saw it as the job.

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I stopped competing the moment I started the gym.

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And I would say, I mean, I'm at 19 years training.

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Can't wait to cross the 20 year club.

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But I think the longest time I ever took off

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from training was six weeks.

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Sheesh.

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And so like, I would say I definitely go,

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I see things in seasons.

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It's probably the easiest way to think about it.

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So I've got seasons of relationship building with Lail.

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I've got seasons of physics stuff.

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I've got seasons of work, business wise.

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And I think of it as like, what's the minimum effective dose

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to not go backwards?

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And so I was talking to Stan Efforting about this actually.

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And he's like, you know, you have a passive,

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you have a passive body now.

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I can maintain this on 5%, 10% of the effort

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that I did to get here.

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And so I think it's actually interesting.

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If you think about investments that way,

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it's like, you work, you work, you work,

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you store up this nut or whatever.

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And then you invest it.

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And then at a certain point, the passive off of that,

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you don't need to work as much active now

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if you work active too, then it's even better, right?

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But that's where the analogy breaks compared to your physique.

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But for me, I worked out the entire time.

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I work out now probably because I've always worked out.

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And it's just more of an identity thing

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than it is something that I look forward to.

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If I train on my own, I don't look forward to it.

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I, not that I hate it.

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I just, it just is, it's like running an errand.

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So I work out usually like two or three times a week,

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if it's just me.

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If I have people that I'm training with,

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then I'll usually, that I look forward to.

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So when I look at my life backwards

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on the times that I was the happiest,

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it's when I have a few guys that I'm training with

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on a regular basis, no time cap for the training session.

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And I've got two or three hours

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and I can shoot the shit, hit the heavy sets,

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get into it, you know, banter between sets.

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Like, that's when I a grow the most,

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but I just like, I enjoy training that way.

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If I have to just go in there on my own

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and head phones and not like, I'll get it done,

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but I don't enjoy it the same way.

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I'm gonna test that.

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That's where I'm gonna try to know.

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And, you know, obviously I had a training partner

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who was just left to go to Florida.

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Yeah.

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I'm not supposed to be swearing on this podcast,

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I've been told to.

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Oh, really?

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Yeah.

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Oops.

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So, left me for Florida.

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But yeah, he just, he's just gone and left again.

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Listen to that, and I've said this to many of my friends,

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how can I preach about chasing your dreams

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and then tell my friend, it's like,

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not selfishly you need to stay and help me with mine.

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So, he's gone off and he's well into MMA right now

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and he's doing a lot of different things

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on that side of the course.

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And, coincidentally, it's an exact same tone

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I used to live in in Boca Raton, but to your point,

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I looked forward to training with him.

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I had no, you know, end cap other than me

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meeting up with a certain time, again, the session in.

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And then it was part of my day.

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Right now, I come in and I get so much distractions.

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So, no, my distraction is growing my business.

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Yeah.

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So, I come in here, I actually start my day at 4 a.m.

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every morning.

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And that four was that I gained in comparison to Shooge,

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you know, and I'm already, like, four, four was ahead

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of myself before I even stepped in the office.

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So, that distraction, I know I allowed to,

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you know, walk into whatever.

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But how do you stay focused on,

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on having so many different distractions,

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even tax messages, reflexly wishes, can you do that?

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The six hours thing is, like, if I look at the biggest

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productivity hacks that have served me in my life,

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by far, waking up early to begin work, number one,

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number two, not having any meetings until noon.

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Mm-hmm.

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If someone just did those two things,

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like, if you wake up, I don't start working

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before, I probably start working around six.

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So, you know, I'll wake up at five,

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have a cup of coffee with Leila,

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hanging out whatever at six o'clock I start working.

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From six to noon, it's like I get six hours every day

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of moving things forward.

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And it's like the deep work in my opinion

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that gets the ball rolling that makes things happen.

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And then I still have to put out fires the second half

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of the day.

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But that, like, if you, Jerry Seinfeld had two hours

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every day that he blocked for writing.

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And his one rule for that habit was that he didn't have

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to write, but he couldn't do anything else.

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Mm-hmm.

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So, he's like, I can sit there bored,

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but I can't do, I can write, or I can do nothing else.

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Don't compromise.

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Write everything.

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And so, I think to that same degree,

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it's like, I usually know what I'm,

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I mean, I have a list of, like, two or three things

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that I put the night before.

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And then, like, that's what I try and get done

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in those six hours.

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And sometimes it's a big thing.

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You know what I mean? Like, finish book.

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Like, okay, you know what I mean?

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But it's like, all right, what do I need to do tomorrow?

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Like, I'm gonna fully edit this one chapter.

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Right, that's the big, like, today I was fully

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edit this one chapter, create casual projections

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for an investment that we're going to make

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and pencil out different scenarios.

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And then, there was a third thing I did,

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but I did that today, and then I did it in the book, right?

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And so, those were like, there's the things

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that I did this morning, and then I came here.

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Do you pre-plan your day than I before?

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Not in the way that most people, I mean,

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like, I literally have, like, an email to myself

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that has the three things that I wanted to do.

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Okay.

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Like, it has to be three.

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If it's just one, it's one.

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Oh, and I made the, I made two new forms

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for the landing page that I wanted to test out.

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I'll probably have to jump in on this podcast today.

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Yeah.

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Yeah.

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I mean, like, that's it.

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And sometimes just one thing.

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I just wanna make sure that I have something

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that I'm gonna be working on.

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Otherwise, I just feel like I waste my morning,

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and I don't like that.

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Yeah.

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So, you're on morning, obviously, it's comparable to other,

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you know, some people started their four.

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There's this, like you said, you know,

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you mentioned the cliche cold plunge, right?

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Putting yourself through that.

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I'm putting myself through this early wake up

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because I, I feel like it's been so beneficial

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for me to get up this early.

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Obviously, for me, I've got two kids too.

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Yeah.

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The kids don't get up until maybe six.

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Yeah.

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Well, if you're a me going crazy downstairs in the kitchen,

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making hell of noise that up before that,

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but that is the time that I get to myself,

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which I used to have going to bed late.

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But what I found was going to bed late,

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and I would go to bed, say like two, three,

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sometimes four in the morning,

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Ali would be getting up, I know, two hours after that.

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And we didn't have our time.

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Yeah.

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It felt like we were living in the same house

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we worked together, but we didn't have our time.

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So now we're kind of on the same schedule,

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but she's an early riser.

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Yeah.

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I was never an early bird.

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I have forced myself into this process.

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I know I can't wait.

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It's just actually trying to shut off is my issue.

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I have so much shit going through your brain.

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It might show my brain at night.

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But now I've taught myself these new patents

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to stay away from certain things,

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don't get stimulated by X, Y, Z.

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And what I was finding was at night,

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I was so distracted.

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Even though I was on my tasks,

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I was getting so distracted,

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and I'd find myself in a loophole,

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and a tunnel of nonsense.

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At 4 a.m. when I get up, I know what I'm doing.

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Yeah.

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Obviously the stop market is going up and crazy,

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and I'm getting all kinds of messages from international

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to with all my businesses, international.

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So it's everything that's kind of tied itself well

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to me, serving myself at that 4 a.m. mark.

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And as I said, the time that I get here,

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I can just, you know, attack what I need to be doing here.

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So what I deal with for all is prior to that

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is not the gym stuff.

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Yeah.

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When I come in here, it's all gym stuff.

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And whatever else is going to work to that, as you know.

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It's just a circle back to what we were saying earlier

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about like seasons, right, where I think,

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I think defining that if I'm in a season of doing deals,

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which right now we're in that season,

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and so we call this a season of no.

259
00:09:47.600 --> 00:09:49.720
And so it basically means that we don't do,

260
00:09:49.720 --> 00:09:50.960
we don't say yes to anything,

261
00:09:50.960 --> 00:09:55.800
and I'll say this, take this the way I mean it to the audience.

262
00:09:55.800 --> 00:09:58.560
The more success we get, the more accolades fame,

263
00:09:58.560 --> 00:09:59.520
whatever you want to call it,

264
00:09:59.520 --> 00:10:01.960
the more amount of people try to take time from you.

265
00:10:02.320 --> 00:10:06.320
And so a season of no is not doing things

266
00:10:06.320 --> 00:10:07.680
that you probably didn't want to do.

267
00:10:07.680 --> 00:10:10.640
It's actually not doing things that you kind of wanted to do.

268
00:10:11.600 --> 00:10:14.560
And so I'm turning down things that I would probably otherwise

269
00:10:14.560 --> 00:10:17.280
accept in terms of like speaking things and whatever.

270
00:10:18.880 --> 00:10:22.760
And that's what every big business I've had.

271
00:10:22.760 --> 00:10:24.640
We, Layla and I consciously go through,

272
00:10:24.640 --> 00:10:27.440
we look each other like this is gonna be a season of no.

273
00:10:27.440 --> 00:10:31.720
And so we stick to that season until the thing is done.

274
00:10:31.760 --> 00:10:34.760
And that also means that like if working out

275
00:10:34.760 --> 00:10:36.520
is one of my priorities,

276
00:10:36.520 --> 00:10:38.280
it can't, you can't have multiple priorities.

277
00:10:38.280 --> 00:10:41.960
And so what is then the minimum effective dose to keeping it?

278
00:10:41.960 --> 00:10:43.960
For me, it's two times a week for 45 minutes,

279
00:10:43.960 --> 00:10:45.440
I can keep them also mass I have.

280
00:10:45.440 --> 00:10:47.080
Okay, that's what I do.

281
00:10:47.080 --> 00:10:48.080
The rest of, like some people are like,

282
00:10:48.080 --> 00:10:49.480
I do it for stress relief.

283
00:10:49.480 --> 00:10:51.760
I'm not, I mean sure it makes me feel better,

284
00:10:51.760 --> 00:10:54.320
but I'm not that stressed if I'm not working out.

285
00:10:54.320 --> 00:10:56.640
People are like, I have so much more energy if I work out.

286
00:10:56.640 --> 00:10:57.680
I'm like, you're not working out hard enough

287
00:10:57.680 --> 00:11:00.080
because if I work out, I feel dead.

288
00:11:00.080 --> 00:11:03.960
After you don't, I mean, and so it's just looking,

289
00:11:03.960 --> 00:11:06.360
and even right now it's like our marriage is on maintenance.

290
00:11:06.360 --> 00:11:07.360
We're good, you know what I mean?

291
00:11:07.360 --> 00:11:09.800
But like that, our focus is not the marriage.

292
00:11:09.800 --> 00:11:11.160
Neither of our focus is fitness.

293
00:11:11.160 --> 00:11:14.280
Right now the focus is growing acquisition.com.

294
00:11:14.280 --> 00:11:17.040
And we've already set kind of like what we wanna get done.

295
00:11:17.040 --> 00:11:19.960
And until that's done, we're gonna be in a season of no.

296
00:11:20.960 --> 00:11:24.200
How do you separate yourself from the personal brand

297
00:11:24.200 --> 00:11:25.720
to all the other brands that you're working with?

298
00:11:25.720 --> 00:11:28.520
Because you have done an incredible job of scaling yourself.

299
00:11:28.520 --> 00:11:33.520
I mean, in the number of years that I've seen you go from,

300
00:11:34.560 --> 00:11:37.960
you know, the genre you were in, to where you are now,

301
00:11:37.960 --> 00:11:40.520
your personal brand has grown tremendously.

302
00:11:40.520 --> 00:11:43.280
And that is very time consuming.

303
00:11:43.280 --> 00:11:45.440
So with that said, when you're coming off

304
00:11:45.440 --> 00:11:48.680
what you just mentioned too, how would you cut time for that?

305
00:11:49.800 --> 00:11:53.920
So I see the personal brand as part of my responsibility

306
00:11:53.920 --> 00:11:55.400
from a business perspective.

307
00:11:55.400 --> 00:11:58.560
Like that is what brings in a lot of the deals that we do

308
00:11:58.560 --> 00:12:00.800
as people who saw me on Instagram read the book,

309
00:12:00.800 --> 00:12:03.280
you know, and then decide to apply it acquisition.com.

310
00:12:06.120 --> 00:12:08.880
We have a good team and that's relayed kind of shines.

311
00:12:08.880 --> 00:12:12.920
So we record every 14 days for our content.

312
00:12:12.920 --> 00:12:17.000
And so we usually have a prompts list of things that the team

313
00:12:17.000 --> 00:12:19.160
was like, hey, these are some comments that people ask.

314
00:12:19.160 --> 00:12:21.280
Questions about like can you answer those?

315
00:12:21.280 --> 00:12:23.840
I also tweet a lot because that's like one of the only platforms

316
00:12:23.880 --> 00:12:26.120
like really actually like, I really like Twitter a lot.

317
00:12:26.120 --> 00:12:28.920
And so I tweet probably three to five times every day.

318
00:12:28.920 --> 00:12:30.960
And so then I take my tweets and then we get in front

319
00:12:30.960 --> 00:12:33.640
of the camera and I just basically explain with more context

320
00:12:33.640 --> 00:12:36.640
what the tweet was about in a short format.

321
00:12:36.640 --> 00:12:40.160
And then probably, you know, four of those tweets

322
00:12:40.160 --> 00:12:44.200
out of like 30 have like a deeper story to it.

323
00:12:44.200 --> 00:12:49.200
And so we then make four or five long pieces of content

324
00:12:49.680 --> 00:12:52.000
that become podcasts and YouTube videos from that.

325
00:12:52.000 --> 00:12:53.440
And that's just once every 14 days.

326
00:12:53.440 --> 00:12:56.800
And then the rest of the time, it's write the book,

327
00:12:57.840 --> 00:13:00.160
you know, cash low projections from a deal, you know,

328
00:13:00.160 --> 00:13:02.920
hopping on with, you know, doing a diligence call

329
00:13:02.920 --> 00:13:05.080
with a, you know, senior leader at a company

330
00:13:05.080 --> 00:13:07.120
we're thinking about investing in and seeing like

331
00:13:07.120 --> 00:13:08.880
if we think that they're the person who's gonna take it

332
00:13:08.880 --> 00:13:11.880
to the next level or if we have to start recruiting,

333
00:13:11.880 --> 00:13:14.600
you know, talking to a potential CEO or COO

334
00:13:14.600 --> 00:13:17.360
who wanna recruit into a company to help them scale.

335
00:13:17.360 --> 00:13:19.440
Like that's kind of the day to day

336
00:13:19.440 --> 00:13:20.480
of what it looks like when we're actually

337
00:13:20.480 --> 00:13:21.840
trying to grow these businesses.

338
00:13:22.000 --> 00:13:22.800
How many staff do you have?

339
00:13:22.800 --> 00:13:24.320
I know, and all the businesses.

340
00:13:24.320 --> 00:13:25.160
And all right.

341
00:13:25.160 --> 00:13:26.000
No idea.

342
00:13:26.000 --> 00:13:29.840
Right now 16 companies, but in terms of like employees

343
00:13:29.840 --> 00:13:31.880
across all of them, I honestly have no idea.

344
00:13:31.880 --> 00:13:34.320
At HoldCo, I think we have about 25.

345
00:13:34.320 --> 00:13:36.760
So like our holding company that then helps

346
00:13:36.760 --> 00:13:38.000
each of the portfolio companies.

347
00:13:38.000 --> 00:13:42.080
So we have, in terms of like, so the way, okay.

348
00:13:42.080 --> 00:13:43.520
Since you didn't ask, I'll tell you anyways.

349
00:13:43.520 --> 00:13:45.520
So here's coming to it.

350
00:13:45.520 --> 00:13:46.520
Yeah, yeah, whatever it is.

351
00:13:46.520 --> 00:13:47.040
Yeah, yeah.

352
00:13:47.040 --> 00:13:49.400
So since, so here's how the whole code is structured.

353
00:13:49.400 --> 00:13:51.440
We have subject matter experts across departments

354
00:13:51.440 --> 00:13:53.320
because typically we operate from the theory

355
00:13:53.320 --> 00:13:55.040
of constraint, which is that every single business

356
00:13:55.040 --> 00:13:57.160
is not growing because of a single constraint.

357
00:13:57.160 --> 00:13:59.080
And a system will grow until it is constrained again.

358
00:13:59.080 --> 00:14:01.120
And so we spend a lot of our time trying to identify

359
00:14:01.120 --> 00:14:02.240
what the constraint of the business is

360
00:14:02.240 --> 00:14:03.160
and then can we solve it?

361
00:14:03.160 --> 00:14:05.360
Usually if we can, and it's in our wheelhouse,

362
00:14:05.360 --> 00:14:08.000
then that's what we, is the type of business we'd invest in.

363
00:14:08.000 --> 00:14:10.520
Once those people come in, we kind of go a layer deeper.

364
00:14:10.520 --> 00:14:13.240
So it's like, okay, we have, is it a sales problem?

365
00:14:13.240 --> 00:14:14.080
Is it a marketing problem?

366
00:14:14.080 --> 00:14:16.160
Is it a conversion optimization issue?

367
00:14:16.160 --> 00:14:17.080
Is it a pricing issue?

368
00:14:17.080 --> 00:14:18.680
Is it a delivery issue?

369
00:14:18.680 --> 00:14:19.480
Is it customer success?

370
00:14:19.480 --> 00:14:20.600
Is it third party logistics?

371
00:14:20.600 --> 00:14:22.000
Whatever the problem is, right?

372
00:14:22.000 --> 00:14:24.840
And we have internal experts who have,

373
00:14:24.840 --> 00:14:27.600
in, you know, very deep niche expertise

374
00:14:27.600 --> 00:14:29.600
around like building and scaling up on sales teams,

375
00:14:29.600 --> 00:14:31.440
building and scaling inbound sales teams,

376
00:14:31.440 --> 00:14:32.960
how to create, you know, video sales letters,

377
00:14:32.960 --> 00:14:35.080
how to, you know, do like CRO optimization,

378
00:14:35.080 --> 00:14:37.280
so conversion optimization across pages, et cetera.

379
00:14:37.280 --> 00:14:39.440
And so we'll then figure out what the constraint

380
00:14:39.440 --> 00:14:42.040
of the business is, we'll task one of our internal

381
00:14:42.040 --> 00:14:44.960
kind of experts to solve that problem.

382
00:14:44.960 --> 00:14:47.240
And then that will deconstrain the business

383
00:14:47.240 --> 00:14:48.720
and they will continue to grow.

384
00:14:48.760 --> 00:14:50.960
And then the other kind of half, I would say,

385
00:14:50.960 --> 00:14:55.280
of, of hold co for us is recruiting function.

386
00:14:55.280 --> 00:14:59.200
And so if the way that we think about things is that you

387
00:14:59.200 --> 00:15:01.000
find the people and the people build the business.

388
00:15:01.000 --> 00:15:03.360
And so we find the best people who've already

389
00:15:03.360 --> 00:15:04.200
been there done that.

390
00:15:04.200 --> 00:15:05.680
So if we wanted to take a company on that's doing,

391
00:15:05.680 --> 00:15:08.200
let's say 10 million a year in top line revenue

392
00:15:08.200 --> 00:15:12.240
in whatever mortgage sales, we would go and recruit

393
00:15:12.240 --> 00:15:15.080
an operator or head of sales or head of marketing, whatever,

394
00:15:15.080 --> 00:15:17.080
whatever the constraint is of the smaller business

395
00:15:17.080 --> 00:15:20.280
from a company that was at 30 or 50 or 100 million

396
00:15:20.280 --> 00:15:21.120
in mortgage sales.

397
00:15:21.120 --> 00:15:22.880
And then we'll recruit that person in, place them.

398
00:15:22.880 --> 00:15:24.640
And we have the advantage of one, the personal brand

399
00:15:24.640 --> 00:15:26.320
that we have, because we can attract better talent.

400
00:15:26.320 --> 00:15:28.640
But secondly, because we are a family office,

401
00:15:28.640 --> 00:15:30.360
sesh, private equity from, you know, depending

402
00:15:30.360 --> 00:15:33.080
how you want to see it, we get a lot more responses

403
00:15:33.080 --> 00:15:35.320
to from higher level individuals where, you know,

404
00:15:35.320 --> 00:15:37.360
a normal, you know, 10 or, you know,

405
00:15:37.360 --> 00:15:39.920
$20 million mortgage company is not like a huge business.

406
00:15:39.920 --> 00:15:41.760
And so they might not be able to get responses

407
00:15:41.760 --> 00:15:44.400
from what we would consider a, you know, level A

408
00:15:44.400 --> 00:15:45.280
or top to your talent.

409
00:15:45.280 --> 00:15:47.400
So that's kind of one of our competitive modes

410
00:15:47.400 --> 00:15:51.000
is that we can tactically add value

411
00:15:51.000 --> 00:15:53.000
at the operating company level.

412
00:15:53.000 --> 00:15:55.120
And we can recruit people into those roles

413
00:15:55.120 --> 00:15:56.560
and then they interface with hold co.

414
00:15:56.560 --> 00:15:59.840
So it's like, sales is a problem.

415
00:15:59.840 --> 00:16:02.640
Go find the salesperson, put the salesperson in,

416
00:16:02.640 --> 00:16:04.200
who's the director and who's done this before.

417
00:16:04.200 --> 00:16:06.080
And then we take our sales expert and say,

418
00:16:06.080 --> 00:16:08.720
here's our playbook, this is how we want you to do it.

419
00:16:08.720 --> 00:16:10.840
And then they implement that within the company.

420
00:16:10.840 --> 00:16:13.880
And then that way, the value is actually built

421
00:16:13.880 --> 00:16:16.360
in the company rather than at hold co.

422
00:16:16.360 --> 00:16:18.760
So like if the holding company was,

423
00:16:18.760 --> 00:16:21.560
if all the companies relied on hold co in order to function,

424
00:16:21.560 --> 00:16:23.840
then it would actually make them less valuable

425
00:16:23.840 --> 00:16:26.360
because it means that hold co is required to function.

426
00:16:26.360 --> 00:16:28.440
Whereas if you have a company that can stand

427
00:16:28.440 --> 00:16:30.400
and so on to feed and grow on its own,

428
00:16:30.400 --> 00:16:32.840
then that company in and of itself becomes more valuable.

429
00:16:32.840 --> 00:16:34.760
And so it's a harder solution,

430
00:16:34.760 --> 00:16:36.440
but it's the better long-term solution.

431
00:16:36.440 --> 00:16:37.880
And so that's how we build companies.

432
00:16:37.880 --> 00:16:40.400
So, dumb.

433
00:16:40.400 --> 00:16:42.320
How do I segue this into something else now?

434
00:16:42.840 --> 00:16:44.760
I went a little deep on that.

435
00:16:44.760 --> 00:16:47.240
Yeah, you got to remember, we guys are viewers

436
00:16:47.240 --> 00:16:49.960
that are just like, you know, but no, listen.

437
00:16:49.960 --> 00:16:53.720
I'm thinking of the best segue.

438
00:16:53.720 --> 00:16:55.680
And you go, you go, you go, you go, you go next to me.

439
00:16:55.680 --> 00:16:57.560
How do I segue that into fitness?

440
00:16:58.560 --> 00:17:02.840
No, but one thing that I do want to try to reverse end

441
00:17:02.840 --> 00:17:05.640
and back slightly, slightly.

442
00:17:06.800 --> 00:17:11.600
Obviously for guys and girls who are on the first kind of step,

443
00:17:12.080 --> 00:17:15.480
so take yourself back to the fitness days

444
00:17:15.480 --> 00:17:18.640
and, you know, you're on that first peg,

445
00:17:18.640 --> 00:17:21.000
not on the peg that you just spoke about,

446
00:17:21.000 --> 00:17:23.400
which has come from time and experience

447
00:17:23.400 --> 00:17:25.520
and working with some incredible people

448
00:17:25.520 --> 00:17:28.280
and obviously investing knowledge into everything.

449
00:17:30.320 --> 00:17:34.320
First steps for any entrepreneur,

450
00:17:34.320 --> 00:17:36.880
fitness industry, brand in.

451
00:17:36.880 --> 00:17:38.480
What advice would that be?

452
00:17:39.480 --> 00:17:43.000
So, one thing to one person on one channel.

453
00:17:43.000 --> 00:17:44.680
So, a lot of people trying to get really cute

454
00:17:44.680 --> 00:17:48.000
and try to do lots of things, but zero to six figures,

455
00:17:48.000 --> 00:17:49.920
which is, you know, is really just sell

456
00:17:49.920 --> 00:17:53.360
something to a specific customer on one channel.

457
00:17:53.360 --> 00:17:54.840
When I say channel, I mean like,

458
00:17:54.840 --> 00:17:57.280
you learn how to sell through Instagram DMs.

459
00:17:57.280 --> 00:17:59.040
You learn how to make YouTube videos

460
00:17:59.040 --> 00:18:00.600
that generates inbound rates.

461
00:18:00.600 --> 00:18:02.240
You learn how to run ads.

462
00:18:02.240 --> 00:18:03.680
You learn how to do code calls.

463
00:18:03.680 --> 00:18:05.600
You learn how to do code, like whatever acquisition that

464
00:18:05.600 --> 00:18:06.800
you learn how to create affiliates,

465
00:18:06.800 --> 00:18:07.920
you learn how to create a referral system.

466
00:18:07.920 --> 00:18:09.760
It doesn't really matter what way you do it.

467
00:18:09.760 --> 00:18:12.400
One method for one specific type of customer

468
00:18:12.400 --> 00:18:14.240
with one product, that is what gets you

469
00:18:14.240 --> 00:18:15.280
from zero to six figures.

470
00:18:15.280 --> 00:18:17.240
If you want to go from six figure to seven figures,

471
00:18:17.240 --> 00:18:20.040
it's doing each of those steps comma consistently

472
00:18:20.040 --> 00:18:22.240
because what happens is most people make a sale

473
00:18:22.240 --> 00:18:23.360
and then they stop working.

474
00:18:23.360 --> 00:18:25.960
And so it's being able to consistently

475
00:18:25.960 --> 00:18:28.160
do the activities that generate the sales.

476
00:18:28.160 --> 00:18:31.000
If you just do it consistently, then you get to seven figures.

477
00:18:32.240 --> 00:18:34.720
At that point, you usually have to look at a bigger picture

478
00:18:34.720 --> 00:18:36.120
in terms of the strategy, the business,

479
00:18:36.120 --> 00:18:38.000
which is, okay, how can we afford

480
00:18:38.000 --> 00:18:39.160
to get even more customers?

481
00:18:39.160 --> 00:18:41.360
So that's usually when you have to add in some sort of

482
00:18:41.360 --> 00:18:44.680
back end products to increase the lifetime value

483
00:18:44.680 --> 00:18:45.520
of each customer.

484
00:18:45.520 --> 00:18:46.720
And then I won't get beyond that.

485
00:18:46.720 --> 00:18:49.840
But at that point, yeah, and then at that point,

486
00:18:49.840 --> 00:18:53.680
you'll be able to afford to go through other channels

487
00:18:53.680 --> 00:18:55.080
to get more customers.

488
00:18:55.960 --> 00:18:57.720
And that'll, that just, I'll cap it there.

489
00:18:57.720 --> 00:18:58.640
That gets you to a million a month

490
00:18:58.640 --> 00:18:59.960
and then we'll stop there.

491
00:18:59.960 --> 00:19:04.960
So basically from entry point to you,

492
00:19:05.480 --> 00:19:07.240
what would be your first step,

493
00:19:07.240 --> 00:19:08.880
if you lost everything today?

494
00:19:08.880 --> 00:19:09.920
Yeah, okay.

495
00:19:09.920 --> 00:19:11.000
Strip everything back down.

496
00:19:11.000 --> 00:19:12.120
Or you're just giving somebody,

497
00:19:12.120 --> 00:19:13.480
let's just walk into the gym.

498
00:19:13.480 --> 00:19:14.880
I want to be the next Alex Amozzi.

499
00:19:14.880 --> 00:19:15.880
Yeah.

500
00:19:15.880 --> 00:19:18.600
What would be the very first thing that they need

501
00:19:18.600 --> 00:19:20.880
to focus on other than credit will be in cars.

502
00:19:20.880 --> 00:19:21.880
Ha ha ha.

503
00:19:21.880 --> 00:19:23.200
First thing I would say is be you, not me,

504
00:19:23.200 --> 00:19:25.280
because you're not going to beat me and be me.

505
00:19:25.280 --> 00:19:30.120
But, you know, one, get an LLC set up through the legal zone.

506
00:19:30.160 --> 00:19:33.520
Two, go to take the LLC to bank and get them

507
00:19:33.520 --> 00:19:34.840
to give you a bank account.

508
00:19:34.840 --> 00:19:38.520
Step three, set that bank account, hook it up to Stripe

509
00:19:38.520 --> 00:19:40.640
or PayPal to get a way to process money.

510
00:19:40.640 --> 00:19:43.080
Step four, message people with the thing

511
00:19:43.080 --> 00:19:45.880
that you are trying to sell and ask them to hop on the phone

512
00:19:45.880 --> 00:19:47.680
so that you can sell them the thing.

513
00:19:47.680 --> 00:19:49.000
Then they will give you their credit card

514
00:19:49.000 --> 00:19:50.760
and then you run that card and then you will get money

515
00:19:50.760 --> 00:19:52.760
and then you do the thing that you said

516
00:19:52.760 --> 00:19:54.080
you were going to do in exchange for money.

517
00:19:54.080 --> 00:19:55.000
That is a business.

518
00:19:55.000 --> 00:19:57.080
That is the easiest way that,

519
00:19:57.080 --> 00:19:58.560
that, and the most understandable thing

520
00:19:58.560 --> 00:20:00.160
I've ever viewed from your most old podcast,

521
00:20:00.160 --> 00:20:02.240
which would be honestly a minute.

522
00:20:02.240 --> 00:20:03.560
Even I was on board with hands.

523
00:20:04.560 --> 00:20:07.680
No, but again, we have a wide variety

524
00:20:07.680 --> 00:20:08.840
of different people are watching it.

525
00:20:08.840 --> 00:20:10.320
We have a lot of young guys, you know,

526
00:20:10.320 --> 00:20:12.680
aspiring young, you know, hustlers.

527
00:20:12.680 --> 00:20:14.720
I know that, you know, you've got a videographer next to me.

528
00:20:14.720 --> 00:20:16.760
I was, I had the pleasure of talking to him before.

529
00:20:16.760 --> 00:20:18.680
We jumped on the podcast and, you know,

530
00:20:18.680 --> 00:20:21.520
he obviously put himself in uncomfortable situations

531
00:20:21.520 --> 00:20:24.920
until it became comfy and put himself into, you know,

532
00:20:24.920 --> 00:20:28.000
L.A. until Arximos, he was hit up

533
00:20:28.000 --> 00:20:29.520
and you guys have linked, right?

534
00:20:29.520 --> 00:20:34.520
So again, I love that approach to, you know,

535
00:20:34.520 --> 00:20:36.240
just turning a heart back to front and hustling.

536
00:20:36.240 --> 00:20:37.400
I've got my own story.

537
00:20:37.400 --> 00:20:38.240
I came here at 20.

538
00:20:38.240 --> 00:20:40.440
I knew one person that slept in the sofa,

539
00:20:40.440 --> 00:20:41.680
wanted to be the best in the world.

540
00:20:41.680 --> 00:20:44.720
I put myself all over California until I put myself

541
00:20:44.720 --> 00:20:47.640
into the gym, what I had my kick twice a day.

542
00:20:47.640 --> 00:20:50.440
And I was around people that, that truly

543
00:20:50.440 --> 00:20:51.800
got the best version of me.

544
00:20:51.800 --> 00:20:53.640
And then I seen the best version of me.

545
00:20:53.640 --> 00:20:55.600
And I realized then I could do this.

546
00:20:55.600 --> 00:20:57.520
So, you know, you've got to get beaten down.

547
00:20:57.520 --> 00:20:59.600
You've got to be, you know,

548
00:20:59.600 --> 00:21:03.920
and have an incredible mindset to focus forward.

549
00:21:05.120 --> 00:21:07.160
And learn from every mistake that has come.

550
00:21:07.160 --> 00:21:10.640
And for me, sitting in my shoes, I mean, no.

551
00:21:10.640 --> 00:21:13.760
Obviously, I'm not as accomplished in business as you are.

552
00:21:13.760 --> 00:21:15.200
You're more conscious about it, buddy.

553
00:21:15.200 --> 00:21:16.560
But bodybuilding is different than that.

554
00:21:16.560 --> 00:21:22.560
But again, it's more of the circle of people,

555
00:21:22.720 --> 00:21:25.720
I have a role, you know, that I pick

556
00:21:26.720 --> 00:21:27.880
and I learn from.

557
00:21:29.640 --> 00:21:31.760
You know, again, if it was came to bodybuilding,

558
00:21:31.760 --> 00:21:32.680
I've been around the best.

559
00:21:32.680 --> 00:21:35.280
I feel like I know everything in that space.

560
00:21:35.280 --> 00:21:38.400
And there's nothing else for me to achieve in that space.

561
00:21:38.400 --> 00:21:41.200
But what interests me, no, is the business element,

562
00:21:41.200 --> 00:21:43.640
is other things that scare the shit of me,

563
00:21:43.640 --> 00:21:46.120
just like being half naked up on stage, then.

564
00:21:46.120 --> 00:21:48.600
So now I'm chasing these new goals and these new dreams.

565
00:21:48.600 --> 00:21:51.240
And again, put it myself, as I said,

566
00:21:51.240 --> 00:21:52.680
and I'd appreciate the same thing again,

567
00:21:52.680 --> 00:21:55.000
in uncomfortable situations until I become comfy,

568
00:21:55.000 --> 00:21:56.200
just like this podcast, right?

569
00:21:56.200 --> 00:21:58.840
It's just, this is nothing I ended up, you know,

570
00:21:58.840 --> 00:22:02.280
wanting to be a spider to be kid from wheels

571
00:22:02.280 --> 00:22:04.480
with this accent and incredible list

572
00:22:04.480 --> 00:22:05.680
that I've had to work through.

573
00:22:05.680 --> 00:22:10.640
But again, I get to be around and interview friends

574
00:22:10.640 --> 00:22:12.240
and get to hear their stories.

575
00:22:12.240 --> 00:22:17.240
And what the common story line among everybody I've had

576
00:22:17.240 --> 00:22:20.840
on this podcast is nothing's been given easy.

577
00:22:20.840 --> 00:22:22.600
Everything has come from trials,

578
00:22:22.600 --> 00:22:24.480
tribulations, failures,

579
00:22:24.480 --> 00:22:28.360
and every still admittedly learning from their failures,

580
00:22:28.360 --> 00:22:30.120
no matter how much success they've had,

581
00:22:30.120 --> 00:22:32.120
no matter how great their life is,

582
00:22:32.120 --> 00:22:33.520
no matter what car they're driving,

583
00:22:33.520 --> 00:22:35.880
how big their house is,

584
00:22:35.880 --> 00:22:38.600
they're still aspiring to be bad at every single day.

585
00:22:38.600 --> 00:22:40.920
And that's when I look at you, mate, that accent

586
00:22:40.920 --> 00:22:44.240
and I always gravitate and get from you is,

587
00:22:44.240 --> 00:22:49.240
your humble, your driven, you live very frivolously,

588
00:22:49.400 --> 00:22:54.240
you don't spend on exotic stuff and front.

589
00:22:55.280 --> 00:22:57.960
And you probably want, if not one of the most of,

590
00:22:57.960 --> 00:23:00.320
if not the most accomplished person

591
00:23:00.320 --> 00:23:04.560
that walks around this gym in business.

592
00:23:04.560 --> 00:23:08.600
So, from me to you, mate, I'm a part of the business.

593
00:23:08.600 --> 00:23:09.720
That he goes again, see?

594
00:23:09.720 --> 00:23:12.680
Trying to take away the compliment,

595
00:23:12.680 --> 00:23:14.200
which I threw you love to be honest,

596
00:23:14.200 --> 00:23:15.560
I grew a lot of humility.

597
00:23:15.560 --> 00:23:18.400
But again, I think that's one of the traits

598
00:23:18.920 --> 00:23:21.600
that I like about being around you.

599
00:23:21.600 --> 00:23:23.400
You lose me in half of a conversation,

600
00:23:23.400 --> 00:23:24.800
half the time, which is the most important thing.

601
00:23:24.800 --> 00:23:26.200
It'd be like me talking about bodybuilding,

602
00:23:26.200 --> 00:23:28.160
drop sets, and this and the other,

603
00:23:28.160 --> 00:23:31.240
but I'm there to a certain point.

604
00:23:31.240 --> 00:23:32.960
But again, with the viewers we have,

605
00:23:32.960 --> 00:23:34.840
and again, you on this podcast today,

606
00:23:34.840 --> 00:23:39.120
I truly hope that a lot of these guys and girls

607
00:23:39.120 --> 00:23:42.280
that are watching this have taken the story lane

608
00:23:42.280 --> 00:23:46.640
of the success story and not seeing it as,

609
00:23:46.640 --> 00:23:48.040
this was given to you.

610
00:23:48.040 --> 00:23:49.720
This is truly earned.

611
00:24:19.040 --> 00:24:21.560
If I can just, first off, thank you.

612
00:24:21.560 --> 00:24:22.080
I appreciate it.

613
00:24:22.080 --> 00:24:23.960
It was very nice of you to say.

614
00:24:23.960 --> 00:24:26.600
If I can toss this out for the people who are younger

615
00:24:26.600 --> 00:24:28.680
on the come-up or they're not on the come-up,

616
00:24:28.680 --> 00:24:30.760
and they want to be on the come-up,

617
00:24:32.880 --> 00:24:34.480
one is that you have to figure out

618
00:24:34.480 --> 00:24:36.000
what problem you're trying to solve.

619
00:24:36.000 --> 00:24:39.000
So, a lot of people start down a career path,

620
00:24:39.000 --> 00:24:41.680
even if it's, let's say it's bodybuilding, right?

621
00:24:41.680 --> 00:24:43.240
And they haven't actually played it out.

622
00:24:43.240 --> 00:24:45.840
So, my three-fraver questions to ask

623
00:24:45.840 --> 00:24:47.320
when we're trying to make a big strategic decision

624
00:24:47.480 --> 00:24:49.280
is number one, what problem we're trying to solve.

625
00:24:49.280 --> 00:24:51.080
Number two is let's play it out.

626
00:24:51.080 --> 00:24:53.400
And number three is which problem we do prefer.

627
00:24:53.400 --> 00:24:56.000
And so, if you figure out what problem you're trying to solve,

628
00:24:56.000 --> 00:24:57.240
then you are like, okay,

629
00:24:57.240 --> 00:24:59.040
well then there's multiple scenarios to solve this problem.

630
00:24:59.040 --> 00:25:00.280
So, you play out each of them.

631
00:25:00.280 --> 00:25:02.240
So, if someone's like, well, I want to be a bodybuilder,

632
00:25:02.240 --> 00:25:03.080
you're like, why?

633
00:25:03.080 --> 00:25:05.440
They're like, well, I want to make money.

634
00:25:05.440 --> 00:25:07.560
It's like, okay, that's a different problem, right?

635
00:25:07.560 --> 00:25:09.240
And so, to be fair, the only way we're going to make that

636
00:25:09.240 --> 00:25:11.720
is like, you're literally number one, or top five,

637
00:25:11.720 --> 00:25:14.080
you know, that you'll make real-ish money, right?

638
00:25:14.080 --> 00:25:14.920
Right?

639
00:25:15.880 --> 00:25:17.920
On the flip side, you could probably become an influencer

640
00:25:17.920 --> 00:25:19.200
without even stepping on stage

641
00:25:19.200 --> 00:25:20.480
and make significantly more money.

642
00:25:20.480 --> 00:25:22.160
You don't need to mean if that's the, you know,

643
00:25:22.160 --> 00:25:24.280
the goal, so it's again, what problem we're solving.

644
00:25:24.280 --> 00:25:25.440
Then you play it out.

645
00:25:25.440 --> 00:25:28.760
And you're like, okay, well, now I'm number one.

646
00:25:28.760 --> 00:25:30.080
Now what?

647
00:25:30.080 --> 00:25:31.520
It's like, well, I want it to, like for me,

648
00:25:31.520 --> 00:25:33.480
playing it out was like, okay, I'm going to go to business school.

649
00:25:33.480 --> 00:25:34.640
Okay, then what?

650
00:25:34.640 --> 00:25:35.800
It's like, okay, well, then I'll get a consulting job

651
00:25:35.800 --> 00:25:38.680
that makes me 120,000 years, okay, then what?

652
00:25:38.680 --> 00:25:41.360
It's like, well, I guess I'd have to work up the ladder there.

653
00:25:41.360 --> 00:25:43.240
And then eventually, I would save enough money

654
00:25:43.240 --> 00:25:44.080
to start a business.

655
00:25:44.080 --> 00:25:46.520
I was like, well, what if I just did that?

656
00:25:46.520 --> 00:25:47.960
If that's what I want to do?

657
00:25:47.960 --> 00:25:50.800
And so those are three questions I would ask myself.

658
00:25:50.800 --> 00:25:53.080
The second thing is that if you do not know the input

659
00:25:53.080 --> 00:25:54.800
output equation for how you're going to be successful,

660
00:25:54.800 --> 00:25:56.280
you will not be successful.

661
00:25:56.280 --> 00:25:59.680
And so what I mean by that is you have to figure out

662
00:25:59.680 --> 00:26:01.560
what primary actions you have to take

663
00:26:01.560 --> 00:26:03.360
that will continue to stack up over time.

664
00:26:03.360 --> 00:26:06.640
So for example, if I wanted to create a market agency

665
00:26:06.640 --> 00:26:08.960
or I wanted to sell widgets or whatever it was,

666
00:26:08.960 --> 00:26:10.480
like I will need to get customers.

667
00:26:10.480 --> 00:26:12.640
And so either I will reach out individually

668
00:26:12.640 --> 00:26:14.160
to friends and family.

669
00:26:14.160 --> 00:26:16.520
I will reach out individually to strangers

670
00:26:16.520 --> 00:26:19.400
to get them to hop on the phone and buy my thing, right?

671
00:26:19.400 --> 00:26:24.400
I will run ads to get it or I will post content

672
00:26:24.480 --> 00:26:26.840
in order to get more customers.

673
00:26:26.840 --> 00:26:29.360
Beyond that, I could get affiliates

674
00:26:29.360 --> 00:26:32.480
or I could get referrals to send me people.

675
00:26:32.480 --> 00:26:33.320
That's it.

676
00:26:33.320 --> 00:26:34.360
Those are the only ways we can get customers.

677
00:26:34.360 --> 00:26:37.120
If you don't know what the input system is there

678
00:26:37.120 --> 00:26:40.160
where you're like, okay, I need to do 100 reach outs a day.

679
00:26:40.160 --> 00:26:42.120
I need to make five pieces of content.

680
00:26:42.120 --> 00:26:45.600
I need to get two affiliate relationships a week.

681
00:26:45.600 --> 00:26:47.040
I need to, whatever the input is,

682
00:26:47.040 --> 00:26:48.080
if you don't know what that is,

683
00:26:48.080 --> 00:26:49.360
then you're never gonna get there.

684
00:26:49.360 --> 00:26:51.160
So you have to figure out what primary try to solve,

685
00:26:51.160 --> 00:26:52.720
you have to play it out and then figure out which problem

686
00:26:52.720 --> 00:26:54.120
you prefer and then figure out

687
00:26:54.120 --> 00:26:56.480
what your input output equation is to getting what you want.

688
00:26:56.480 --> 00:26:59.120
And then you do it.

689
00:26:59.120 --> 00:27:01.240
And you do it as many times as you possibly can

690
00:27:01.240 --> 00:27:03.080
and you ignore everybody who tells you that you're wrong

691
00:27:03.080 --> 00:27:04.440
and tells you that you're not gonna get there.

692
00:27:04.440 --> 00:27:06.080
And most of all, you ignore the thoughts

693
00:27:06.080 --> 00:27:07.760
that you were telling yourself about why you're not

694
00:27:07.760 --> 00:27:11.600
gonna get there because you are wrong

695
00:27:11.600 --> 00:27:14.840
on a long enough time horizon if you do the thing.

696
00:27:14.840 --> 00:27:18.760
And so if you do that, it becomes unreasonable

697
00:27:18.760 --> 00:27:20.320
that you won't succeed.

698
00:27:20.320 --> 00:27:23.920
And so I like to create unreasonable equations for myself

699
00:27:23.920 --> 00:27:28.760
which is if I did this thing every single day

700
00:27:28.760 --> 00:27:32.120
for 10 years and I never stopped,

701
00:27:32.120 --> 00:27:34.960
would it be unreasonable that I won't be a millionaire?

702
00:27:34.960 --> 00:27:37.000
If it's unreasonable that I won't be a millionaire

703
00:27:37.000 --> 00:27:39.640
or I won't be a billionaire or whatever your number is,

704
00:27:39.640 --> 00:27:41.680
then I'm like cool, then that's what I need to do.

705
00:27:41.680 --> 00:27:43.600
And so if you haven't figured out your input output equation

706
00:27:43.600 --> 00:27:46.000
which is what I need to do to get the thing

707
00:27:46.000 --> 00:27:48.240
then is the first problem you have to solve.

708
00:27:48.240 --> 00:27:50.880
Once you do that, the rest of it is wake up early,

709
00:27:50.880 --> 00:27:52.160
spend the first six hours of your day

710
00:27:52.160 --> 00:27:53.840
making your content, doing your reach outs,

711
00:27:53.840 --> 00:27:56.840
recruiting affiliates, blah, blah, blah, whatever thing it is

712
00:27:56.840 --> 00:27:58.520
and then don't let anyone stop you.

713
00:27:58.520 --> 00:27:59.960
And that also means saying no to things

714
00:27:59.960 --> 00:28:01.200
that you probably wanna do right now

715
00:28:01.200 --> 00:28:02.720
because the people who are further ahead of you

716
00:28:02.720 --> 00:28:04.040
have no more time than you do,

717
00:28:04.040 --> 00:28:05.400
they do things differently than you.

718
00:28:05.400 --> 00:28:08.040
And if you fill your time right now every day

719
00:28:08.040 --> 00:28:09.400
which you probably do because you're alive,

720
00:28:09.440 --> 00:28:10.800
you do things during the day,

721
00:28:11.920 --> 00:28:13.680
then it's not about adding more to your play,

722
00:28:13.680 --> 00:28:15.120
it's about removing things on your play right now

723
00:28:15.120 --> 00:28:16.680
that you're wasting your time with.

724
00:28:18.160 --> 00:28:21.160
Repeat that last sentence, that's incredible.

725
00:28:21.160 --> 00:28:24.320
The people who are richer than you don't do things

726
00:28:24.320 --> 00:28:27.960
that you do, they stop doing things that you are doing

727
00:28:27.960 --> 00:28:30.840
because what happens is if you eliminate all of the waste

728
00:28:30.840 --> 00:28:32.920
that wasted activity that you have in your life,

729
00:28:32.920 --> 00:28:35.600
you will create room for doing the few inputs

730
00:28:35.600 --> 00:28:36.880
that matter most.

731
00:28:36.880 --> 00:28:38.320
And then that's the thing that's gonna get you

732
00:28:38.320 --> 00:28:39.560
to where you wanna go.

733
00:28:39.560 --> 00:28:42.760
I think that's the problem with a lot of the younger generation

734
00:28:42.760 --> 00:28:45.160
is they're around so much, they're losing so much time.

735
00:28:45.160 --> 00:28:49.360
I mean, I wish I could tell my younger self stop around,

736
00:28:49.360 --> 00:28:52.000
especially on this form, I would've gained so much more space

737
00:28:52.000 --> 00:28:54.240
and so much more yard.

738
00:28:54.240 --> 00:28:55.600
Is there anything that you would love to change

739
00:28:55.600 --> 00:28:58.480
if you had the chance to get back in time hop?

740
00:28:58.480 --> 00:29:03.480
Not really, because I like where I am

741
00:29:04.160 --> 00:29:06.760
and I wouldn't wanna mess with that.

742
00:29:06.760 --> 00:29:08.920
And so I wouldn't wanna butterfly effect my way out

743
00:29:08.920 --> 00:29:11.080
of not being in the position I'm in, so.

744
00:29:11.080 --> 00:29:12.400
Still the words on my mouth though.

745
00:29:12.400 --> 00:29:13.720
Yeah, I'm good with it.

746
00:29:15.040 --> 00:29:16.440
Everything's happened for a reason.

747
00:29:16.440 --> 00:29:18.560
I say that I repeat the same sentence,

748
00:29:18.560 --> 00:29:20.200
people ask me if there's anything I wanna change

749
00:29:20.200 --> 00:29:23.000
in the past, everything's led me to this point.

750
00:29:23.000 --> 00:29:23.840
Yeah.

751
00:29:23.840 --> 00:29:26.120
And I wouldn't wanna butterfly effect anything too.

752
00:29:26.120 --> 00:29:27.880
Yeah, I think one of the other things is

753
00:29:27.880 --> 00:29:30.320
for as a point of encouragement is that

754
00:29:30.320 --> 00:29:32.200
you're either, you're not getting what you want

755
00:29:32.200 --> 00:29:34.080
if you're not where you wanna be, right?

756
00:29:34.080 --> 00:29:37.320
If, because you're either doing the wrong things

757
00:29:37.320 --> 00:29:38.880
or you're doing the right things,

758
00:29:38.880 --> 00:29:40.840
but you don't do it enough,

759
00:29:40.840 --> 00:29:41.800
or you're doing the right things

760
00:29:41.800 --> 00:29:43.920
and you haven't done it a long enough.

761
00:29:43.920 --> 00:29:45.840
And so you have to figure out which,

762
00:29:45.840 --> 00:29:47.360
that's where it's nice to have mentors

763
00:29:47.360 --> 00:29:49.360
and people who are ahead of you who can spot it

764
00:29:49.360 --> 00:29:53.840
and be like, okay, you're just doing the wrong things, right?

765
00:29:53.840 --> 00:29:55.800
Straight up, or you're doing the right thing the wrong way.

766
00:29:55.800 --> 00:29:56.880
That's possible too.

767
00:29:56.880 --> 00:29:58.840
But if you're doing the right thing,

768
00:29:58.840 --> 00:30:01.160
sometimes you just have to give time time.

769
00:30:01.160 --> 00:30:03.240
If you're like, man, I've been posting on social media.

770
00:30:03.240 --> 00:30:04.400
It's like, okay, well, how long?

771
00:30:04.400 --> 00:30:07.040
It's like, well, I post like once a week

772
00:30:07.040 --> 00:30:10.160
and I've been posting for like three months.

773
00:30:10.160 --> 00:30:12.760
I'm like, okay, so you've posted 12 times.

774
00:30:14.200 --> 00:30:16.280
We put out 250 pieces of content a week.

775
00:30:16.280 --> 00:30:17.120
Yeah.

776
00:30:17.120 --> 00:30:19.640
You're not gonna, of course you're not famous yet.

777
00:30:19.640 --> 00:30:20.480
You know what I mean?

778
00:30:20.480 --> 00:30:22.120
But you have to do that first

779
00:30:22.120 --> 00:30:23.320
and then you will get better at it

780
00:30:23.320 --> 00:30:24.240
because you've done more of it

781
00:30:24.240 --> 00:30:25.360
and then you try to go to once a day

782
00:30:25.360 --> 00:30:26.400
and then you try to go to twice a day

783
00:30:26.400 --> 00:30:28.240
and then you try to figure out what content people like

784
00:30:28.240 --> 00:30:29.640
and there's a game to it.

785
00:30:29.680 --> 00:30:33.400
And volume or quantity begets quality.

786
00:30:33.400 --> 00:30:35.040
The more you do, the better you get.

787
00:30:35.040 --> 00:30:37.120
And a lot of times people want to be good

788
00:30:37.120 --> 00:30:38.800
without doing the work to get good.

789
00:30:38.800 --> 00:30:40.720
And so you have to suck for a long time

790
00:30:40.720 --> 00:30:42.760
until it's unreasonable that you don't suck.

791
00:30:42.760 --> 00:30:44.600
So it's like, if I did a 10,000 call calls,

792
00:30:44.600 --> 00:30:47.920
would it be unreasonable that I suck it?

793
00:30:47.920 --> 00:30:49.000
Would it be unreasonable for me to be good

794
00:30:49.000 --> 00:30:50.000
if I did 10,000 call calls?

795
00:30:50.000 --> 00:30:51.720
The answer is yes, it would be unreasonable.

796
00:30:51.720 --> 00:30:54.120
And so then it's just like, great, go do that

797
00:30:54.120 --> 00:30:55.520
and then you'll be good.

798
00:30:55.520 --> 00:30:58.960
If you worked out every, you know,

799
00:30:58.960 --> 00:31:00.640
if you stuck to your training program

800
00:31:00.640 --> 00:31:03.640
and you stuck to your diet program for two years,

801
00:31:03.640 --> 00:31:05.160
would it be unreasonable that you make significantly more

802
00:31:05.160 --> 00:31:07.200
progress than you made in the last two years?

803
00:31:07.200 --> 00:31:08.920
Of course, but people do that.

804
00:31:08.920 --> 00:31:10.560
And the real thing, in my opinion,

805
00:31:10.560 --> 00:31:11.480
is that people have to figure out

806
00:31:11.480 --> 00:31:13.400
why they're not doing something, not what to do.

807
00:31:13.400 --> 00:31:15.040
People hide behind, I don't know what to do

808
00:31:15.040 --> 00:31:16.200
when you know exactly what to do.

809
00:31:16.200 --> 00:31:18.880
And even people are trying to lose weight, right?

810
00:31:18.880 --> 00:31:20.520
It's like, I just don't know how.

811
00:31:20.520 --> 00:31:21.560
I'm like, really?

812
00:31:21.560 --> 00:31:23.560
I'm like, stop eating shit and move.

813
00:31:23.560 --> 00:31:24.480
Are you aware of that?

814
00:31:24.480 --> 00:31:26.000
You know that that's probably what you need to do.

815
00:31:26.000 --> 00:31:26.920
Fantastic.

816
00:31:26.920 --> 00:31:28.120
Get directionally correct.

817
00:31:28.120 --> 00:31:29.320
And so when people are early on,

818
00:31:29.320 --> 00:31:30.880
they try and find the perfect reason

819
00:31:30.880 --> 00:31:32.160
or the perfect business.

820
00:31:32.160 --> 00:31:34.280
When you have no context from which to make a decision

821
00:31:34.280 --> 00:31:35.120
or make a judgment.

822
00:31:35.120 --> 00:31:36.600
And so you have no way of knowing

823
00:31:36.600 --> 00:31:37.720
if this is the perfect business

824
00:31:37.720 --> 00:31:38.960
or the perfect career path.

825
00:31:38.960 --> 00:31:41.440
So the only thing you can do is taste and then iterate.

826
00:31:41.440 --> 00:31:43.240
And so I try and get people to,

827
00:31:43.240 --> 00:31:45.560
at least we're younger on who asked me for advice.

828
00:31:45.560 --> 00:31:48.200
I just say like, get directionally correct.

829
00:31:48.200 --> 00:31:50.760
So it's like, okay, I like business.

830
00:31:50.760 --> 00:31:54.080
I like business more than I like this.

831
00:31:54.080 --> 00:31:56.040
Cool, then I'm gonna do more stuff in this direction.

832
00:31:56.040 --> 00:31:57.520
Now you're in business, you're like,

833
00:31:57.520 --> 00:32:01.240
I like the creative side more than I like the sales side.

834
00:32:01.240 --> 00:32:02.480
Okay, cool.

835
00:32:02.480 --> 00:32:03.840
Then start moving in that direction.

836
00:32:03.840 --> 00:32:05.120
And then when you're like,

837
00:32:05.120 --> 00:32:05.960
you're not gonna be like,

838
00:32:05.960 --> 00:32:07.200
this is the perfect product

839
00:32:07.200 --> 00:32:09.120
because every entrepreneur knows that

840
00:32:09.120 --> 00:32:10.320
the first business you start

841
00:32:10.320 --> 00:32:12.160
is not the last business you've ever owned.

842
00:32:12.160 --> 00:32:14.000
You learn from the failures of your first business

843
00:32:14.000 --> 00:32:15.640
to like, this was wrong with this one.

844
00:32:15.640 --> 00:32:17.440
I'm gonna try and fix that one in my next one.

845
00:32:17.440 --> 00:32:18.680
And then you'll learn something in your next one.

846
00:32:18.680 --> 00:32:20.360
Like right now, acquisition is not common.

847
00:32:20.360 --> 00:32:22.640
I think it's technically like a 16th company

848
00:32:22.640 --> 00:32:26.080
that I've started, not like acquired, but like started.

849
00:32:26.080 --> 00:32:28.560
So like, of course, my first business ever

850
00:32:28.560 --> 00:32:32.080
was an online training business.

851
00:32:32.080 --> 00:32:34.160
First thing I got money for, lady wrote me a check.

852
00:32:34.160 --> 00:32:36.280
Which is a lot of the, oh, viewers right now.

853
00:32:36.280 --> 00:32:37.720
Yeah, lady wrote me a check.

854
00:32:37.720 --> 00:32:39.080
She just asked me for help with the gym

855
00:32:39.080 --> 00:32:40.520
and I met her for lunch and I gave her tips

856
00:32:40.520 --> 00:32:41.680
and then she just gave me a check.

857
00:32:41.680 --> 00:32:42.520
I didn't sell it.

858
00:32:42.520 --> 00:32:43.360
She was like, here's money and I was like,

859
00:32:43.360 --> 00:32:45.400
oh, is that gonna make some money doing this?

860
00:32:45.400 --> 00:32:46.240
You know, like I had no idea.

861
00:32:46.240 --> 00:32:48.760
So like, you're not gonna know.

862
00:32:48.760 --> 00:32:51.440
And the only way to know is to start doing it

863
00:32:51.440 --> 00:32:52.960
because even if you listen to podcasts,

864
00:32:52.960 --> 00:32:55.600
you read books, you watch seminars, whatever.

865
00:32:55.600 --> 00:32:58.720
The only way the information will actually make sense to you

866
00:32:58.720 --> 00:33:00.160
is if you've actually done it.

867
00:33:00.160 --> 00:33:03.080
If you read 20 books on cold calling,

868
00:33:03.080 --> 00:33:06.040
you will still learn more in your first 100 cold calls

869
00:33:06.040 --> 00:33:08.120
than you learn from every one of the books.

870
00:33:08.120 --> 00:33:10.600
Now, if you do the 100 or you do a thousand cold calls

871
00:33:10.600 --> 00:33:13.320
and then you read 20 books, then you will have context

872
00:33:13.320 --> 00:33:15.320
to apply the information for the next call.

873
00:33:15.320 --> 00:33:17.080
It's like reading about training for a year

874
00:33:17.080 --> 00:33:18.360
rather than getting into the gym.

875
00:33:18.360 --> 00:33:20.680
As soon as you're in the gym, learning how to periodize,

876
00:33:20.680 --> 00:33:23.200
learning how to set up the, whatever it is,

877
00:33:23.200 --> 00:33:24.040
will make sense to you.

878
00:33:24.080 --> 00:33:24.920
If you're like, okay, yeah.

879
00:33:24.920 --> 00:33:26.480
Next time I'm on a quad extension.

880
00:33:26.480 --> 00:33:27.560
What was a quad extension again?

881
00:33:27.560 --> 00:33:28.400
You've never done one.

882
00:33:28.400 --> 00:33:29.240
You have no idea.

883
00:33:29.240 --> 00:33:32.320
And so people don't do anything

884
00:33:32.320 --> 00:33:35.040
because they think they need all of the information.

885
00:33:35.040 --> 00:33:38.280
But if you have all of the information on an opportunity,

886
00:33:38.280 --> 00:33:39.400
you're already too late.

887
00:33:40.320 --> 00:33:41.760
It's already passed.

888
00:33:41.760 --> 00:33:45.680
And so you have to operate within the context of the unknown.

889
00:33:45.680 --> 00:33:47.520
And so a big part of entrepreneurship

890
00:33:47.520 --> 00:33:49.360
is operating with incomplete information.

891
00:33:49.360 --> 00:33:50.640
You make the best bet you can

892
00:33:50.640 --> 00:33:51.960
and you get directionally correct

893
00:33:51.960 --> 00:33:53.000
and then you adjust.

894
00:33:54.880 --> 00:33:56.920
What do you see me as a future for me?

895
00:33:56.920 --> 00:33:58.240
What advice would you give me?

896
00:34:00.640 --> 00:34:03.040
Without part of myself in a very vulnerable situation,

897
00:34:03.040 --> 00:34:05.640
by the way, I can add it to shit out of this part of it.

898
00:34:08.120 --> 00:34:10.440
So honestly, I would follow the first three questions,

899
00:34:10.440 --> 00:34:12.000
which is what problem are we solving?

900
00:34:12.000 --> 00:34:13.400
What's the goal?

901
00:34:13.400 --> 00:34:15.200
And then that's like that's a you thing.

902
00:34:15.200 --> 00:34:16.600
So it's like, what is the goal?

903
00:34:16.600 --> 00:34:17.840
Yeah.

904
00:34:17.840 --> 00:34:19.120
If you're like, I want to be a billionaire,

905
00:34:19.120 --> 00:34:20.840
it's like, okay, we have to solve that differently

906
00:34:20.840 --> 00:34:23.040
than like I want to make 10 million this year.

907
00:34:23.240 --> 00:34:24.240
I want to make 50 million this year.

908
00:34:24.240 --> 00:34:25.080
Whatever it is, right?

909
00:34:25.080 --> 00:34:27.120
I'm just making those numbers up for the audience.

910
00:34:27.120 --> 00:34:28.680
Like once you knew that,

911
00:34:28.680 --> 00:34:30.440
because what's interesting about this too

912
00:34:30.440 --> 00:34:31.680
is that the goal that you set,

913
00:34:31.680 --> 00:34:35.120
like there are just, you just take different path.

914
00:34:35.120 --> 00:34:38.200
But if you're like, it takes the same amount of time

915
00:34:38.200 --> 00:34:39.640
to build a billion dollar thing

916
00:34:39.640 --> 00:34:42.080
as it does to take to build a million dollar thing.

917
00:34:43.080 --> 00:34:44.680
Like that's crazy to think about.

918
00:34:44.680 --> 00:34:46.240
But it takes sometimes less time.

919
00:34:46.240 --> 00:34:48.440
Like if you want to build a really successful restaurant,

920
00:34:49.680 --> 00:34:52.120
it might take you 10 years to get a local,

921
00:34:52.240 --> 00:34:54.160
get the local word out, have the good word amount,

922
00:34:54.160 --> 00:34:55.480
maybe open two or three locations.

923
00:34:55.480 --> 00:34:57.160
Like it takes, and you're still working 80 hours

924
00:34:57.160 --> 00:35:02.160
a week killing yourself versus starting a fund.

925
00:35:03.360 --> 00:35:05.160
And maybe you work even less time doing that

926
00:35:05.160 --> 00:35:07.360
and you make a hundred times the money.

927
00:35:07.360 --> 00:35:09.600
So like picking the right opportunity vehicle,

928
00:35:09.600 --> 00:35:11.720
a lot of times comes from like what problem are we solving?

929
00:35:11.720 --> 00:35:13.080
So it's like, I want to be a millionaire.

930
00:35:13.080 --> 00:35:13.760
I want to be a billionaire.

931
00:35:13.760 --> 00:35:15.560
Well, once we get that, then we're just like,

932
00:35:15.560 --> 00:35:17.360
okay, underneath of that,

933
00:35:17.360 --> 00:35:18.960
what are the unique skill sets we have

934
00:35:18.960 --> 00:35:21.560
that we can match to the opportunity vehicles available to us?

935
00:35:21.560 --> 00:35:23.240
And then there's a narrower list.

936
00:35:23.240 --> 00:35:25.640
Okay, well, these are the three highest likelihood things.

937
00:35:25.640 --> 00:35:26.640
Third question.

938
00:35:26.640 --> 00:35:28.440
This is going to be a problem with opportunity one.

939
00:35:28.440 --> 00:35:29.960
This is the problem with opportunity two.

940
00:35:29.960 --> 00:35:31.360
This is the problem with opportunity three.

941
00:35:31.360 --> 00:35:32.640
Which problem do we prefer?

942
00:35:32.640 --> 00:35:34.880
This one's going to be really hard with hiring lots of people.

943
00:35:34.880 --> 00:35:36.360
This one's going to be really technology driven.

944
00:35:36.360 --> 00:35:38.800
So you have to have like a really good technical co-founder

945
00:35:38.800 --> 00:35:40.440
or you have to understand software

946
00:35:40.440 --> 00:35:41.280
or whatever.

947
00:35:41.280 --> 00:35:42.360
This one's really marketing heavy.

948
00:35:42.360 --> 00:35:43.720
So you're going to have to make a lot of content.

949
00:35:43.720 --> 00:35:45.520
Which of these three problems

950
00:35:45.520 --> 00:35:46.960
that are the hardest parts of this

951
00:35:46.960 --> 00:35:48.640
is the one that you'd prefer to tackle?

952
00:35:48.640 --> 00:35:49.840
Well, I think the marketing contents,

953
00:35:49.840 --> 00:35:51.200
the one that I'd rather tackle.

954
00:35:51.200 --> 00:35:53.120
Great, that's the path.

955
00:35:53.120 --> 00:35:55.400
So we got the highest leverage opportunity,

956
00:35:55.400 --> 00:35:56.640
match with our skill set,

957
00:35:56.640 --> 00:35:58.720
with the problem that we feel confident we can solve.

958
00:35:58.720 --> 00:36:00.880
And then we just say, what are our inputs?

959
00:36:00.880 --> 00:36:01.800
What are our outputs?

960
00:36:01.800 --> 00:36:04.920
We do as many inputs as we can and then we get there.

961
00:36:04.920 --> 00:36:08.280
I think with my situation is I got so much opportunity

962
00:36:08.280 --> 00:36:11.240
in every different direction that I've retired.

963
00:36:11.240 --> 00:36:12.760
It's just picking that one thing

964
00:36:12.760 --> 00:36:15.440
and then just focusing on that, right?

965
00:36:15.440 --> 00:36:19.840
Even with this podcast, is this the moving forward

966
00:36:19.840 --> 00:36:24.160
or is this kind of distracting me from something else?

967
00:36:24.160 --> 00:36:25.160
I enjoy this.

968
00:36:25.160 --> 00:36:26.560
This is kind of like my,

969
00:36:27.960 --> 00:36:31.280
this to me is nothing that is going to,

970
00:36:31.280 --> 00:36:33.440
turn into Joe Rogan, trust me.

971
00:36:33.440 --> 00:36:36.480
But I do enjoy having my friends on the podcast.

972
00:36:36.480 --> 00:36:37.480
And this is what it really is, right?

973
00:36:37.480 --> 00:36:40.080
It's just me talking and getting knowledge

974
00:36:41.120 --> 00:36:42.520
out there to my audience,

975
00:36:42.520 --> 00:36:45.240
to the people who have followed me from the get

976
00:36:45.240 --> 00:36:47.880
or a new coming into it.

977
00:36:48.240 --> 00:36:50.680
And also exposes them to your world,

978
00:36:50.680 --> 00:36:52.440
to your YouTube,

979
00:36:52.440 --> 00:36:54.280
to your Instagrams and stuff like that.

980
00:36:54.280 --> 00:36:58.840
So there's a lot of correlation from business

981
00:36:58.840 --> 00:37:02.000
into bodybuilding and whatnot

982
00:37:02.000 --> 00:37:04.680
because of the, you want something in life,

983
00:37:04.680 --> 00:37:06.520
you just have to turn your hand back to Frank Gofford.

984
00:37:06.520 --> 00:37:09.720
You want bigger calves, put it in the gym, Gofford.

985
00:37:09.720 --> 00:37:13.760
Same with any type of business,

986
00:37:13.760 --> 00:37:16.840
even to being about a dad, right?

987
00:37:16.840 --> 00:37:19.680
It's just put an effort into something

988
00:37:19.680 --> 00:37:21.240
on becoming good at it,

989
00:37:21.240 --> 00:37:22.440
because you're gonna fail.

990
00:37:22.440 --> 00:37:24.360
You're going to suck at whatever it is

991
00:37:24.360 --> 00:37:25.240
that you're trying to get good at,

992
00:37:25.240 --> 00:37:27.400
until it becomes secondary.

993
00:37:27.400 --> 00:37:29.800
For me, again, I've got a lot of these low-hung fruits

994
00:37:29.800 --> 00:37:31.120
that I'm doing right now,

995
00:37:31.120 --> 00:37:36.120
and I'm enjoying the process of chasing them.

996
00:37:36.360 --> 00:37:38.080
Maybe a different,

997
00:37:38.080 --> 00:37:39.360
if you were to see what I'm doing,

998
00:37:39.360 --> 00:37:41.320
you'd probably be like, okay, Flags,

999
00:37:41.320 --> 00:37:44.960
I need to wrangle you into this like fun though,

1000
00:37:44.960 --> 00:37:48.800
but considering that my whole world and my whole life

1001
00:37:48.800 --> 00:37:52.440
was on that shelf for 19 years,

1002
00:37:52.440 --> 00:37:55.840
I feel like I have this new abundance of life

1003
00:37:55.840 --> 00:37:58.400
that I'm chasing, and it's fun for me

1004
00:37:58.400 --> 00:38:03.400
to be into different elements and genres, I guess.

1005
00:38:04.040 --> 00:38:05.600
I think to answer the original thing,

1006
00:38:05.600 --> 00:38:07.960
if I were to give my one, two cents on it,

1007
00:38:07.960 --> 00:38:11.040
it would be you need to find another Moby Dick.

1008
00:38:11.040 --> 00:38:12.400
Because right now it's like you're chasing lots

1009
00:38:12.400 --> 00:38:14.960
of little fish, but you need to find the whale.

1010
00:38:14.960 --> 00:38:16.000
I like that.

1011
00:38:16.000 --> 00:38:17.080
And I think right now,

1012
00:38:17.080 --> 00:38:18.440
sure you can get some fish on the boat,

1013
00:38:18.440 --> 00:38:19.280
sure you can eat for a day,

1014
00:38:19.280 --> 00:38:21.480
but it's like, what's the thing that you're going to hunt

1015
00:38:21.480 --> 00:38:24.400
and spend, you know, obsessed over?

1016
00:38:24.400 --> 00:38:27.800
Because I'll tell you a short anecdote.

1017
00:38:27.800 --> 00:38:32.800
So there was a guy who was a world-class athlete,

1018
00:38:32.800 --> 00:38:34.440
one, whatever the Olympic stage was,

1019
00:38:34.440 --> 00:38:36.320
equivalent for him.

1020
00:38:36.320 --> 00:38:40.400
And we're talking, connecting me on Instagram,

1021
00:38:40.400 --> 00:38:42.040
and I got on the phone with him,

1022
00:38:42.040 --> 00:38:42.880
and I was like, all right, man,

1023
00:38:42.880 --> 00:38:44.200
so what's going on?

1024
00:38:44.200 --> 00:38:45.360
And he's like, I need some help with business.

1025
00:38:45.360 --> 00:38:46.760
I was like, all right, what's up?

1026
00:38:46.760 --> 00:38:48.520
And so he starts talking, he's like,

1027
00:38:48.520 --> 00:38:49.800
oh, yeah, I got this business, I got this business,

1028
00:38:49.800 --> 00:38:50.800
I got this business, and I was like,

1029
00:38:50.800 --> 00:38:52.480
how many say, he said like six different businesses

1030
00:38:52.480 --> 00:38:53.720
was on the phone with him.

1031
00:38:53.720 --> 00:38:55.200
And I know he makes significantly less money than me.

1032
00:38:55.200 --> 00:38:57.000
So I was like, what is happening?

1033
00:38:57.000 --> 00:39:00.400
And he was like, oh, I've got like 40 something businesses.

1034
00:39:00.400 --> 00:39:01.320
I was like, geez.

1035
00:39:01.320 --> 00:39:02.320
What?

1036
00:39:02.320 --> 00:39:03.160
And I was like, how do you, he's like,

1037
00:39:03.160 --> 00:39:04.760
I have an excel sheet to keep track of them.

1038
00:39:04.760 --> 00:39:06.520
And I was like, and he told me what his top

1039
00:39:06.520 --> 00:39:08.160
like revenue was, and it was not like, you know,

1040
00:39:08.240 --> 00:39:09.240
crazy numbers.

1041
00:39:09.240 --> 00:39:12.600
And so he did have one brand that I knew of

1042
00:39:12.600 --> 00:39:13.640
that I liked a lot.

1043
00:39:13.640 --> 00:39:14.480
Okay.

1044
00:39:14.480 --> 00:39:18.960
And I was like, well, if you had a magic one tomorrow

1045
00:39:18.960 --> 00:39:21.880
and you got to kill all of the other ones

1046
00:39:21.880 --> 00:39:24.160
and just grow that one brand,

1047
00:39:24.160 --> 00:39:26.480
how easy would your life be to triple that company?

1048
00:39:26.480 --> 00:39:29.000
He was like, my God, I could do that in my sleep.

1049
00:39:29.000 --> 00:39:30.600
And I was like, then why don't you?

1050
00:39:31.640 --> 00:39:34.040
And so like, and after that call a year later,

1051
00:39:34.040 --> 00:39:36.400
he killed, he like killed all of the businesses.

1052
00:39:36.400 --> 00:39:37.800
He was like, get me up, I kept thinking,

1053
00:39:37.800 --> 00:39:39.560
I should just be done with these things

1054
00:39:39.560 --> 00:39:44.560
because it's about, so the equation for successes

1055
00:39:44.560 --> 00:39:46.440
I see it, or at least getting an outcome,

1056
00:39:46.440 --> 00:39:50.080
is volume times leverage equals output.

1057
00:39:50.080 --> 00:39:51.640
And so it's the number of activities

1058
00:39:51.640 --> 00:39:54.160
times how much you get per activity

1059
00:39:54.160 --> 00:39:55.760
equals how much you get, right?

1060
00:39:55.760 --> 00:39:57.840
And so in the beginning, most people don't do anything.

1061
00:39:57.840 --> 00:39:59.840
So they don't have anything to multiply

1062
00:39:59.840 --> 00:40:01.280
to get the output, right?

1063
00:40:01.280 --> 00:40:03.680
But once you've learned how to have some level of motivation

1064
00:40:03.680 --> 00:40:05.400
whatever, where you're working all of the time,

1065
00:40:05.400 --> 00:40:07.920
which, let's say, let's assume a certain level

1066
00:40:07.920 --> 00:40:11.680
of success or whatever, then the next multiplier,

1067
00:40:11.680 --> 00:40:13.440
which is still the biggest multipliers,

1068
00:40:13.440 --> 00:40:16.320
how much you get back for the work you put in.

1069
00:40:16.320 --> 00:40:17.800
So like Warren Buffett, for example,

1070
00:40:17.800 --> 00:40:20.480
made a trade two years ago for Apple

1071
00:40:20.480 --> 00:40:23.280
that has now made him $90 billion on one trade.

1072
00:40:23.280 --> 00:40:26.400
And so he had a level of effort volume

1073
00:40:26.400 --> 00:40:28.960
that he put in to get a skill and he made that effort

1074
00:40:28.960 --> 00:40:32.120
and had tremendous leverage on that thing

1075
00:40:32.120 --> 00:40:33.920
to get this huge and massive output.

1076
00:40:34.080 --> 00:40:36.960
And so what a lot of people don't understand

1077
00:40:36.960 --> 00:40:40.120
is that leverage is unlimited.

1078
00:40:40.120 --> 00:40:43.360
So you can get a unlimited multiplier

1079
00:40:43.360 --> 00:40:45.760
on the effort you have if you pick the right activity.

1080
00:40:45.760 --> 00:40:47.560
So if you pick the right whale,

1081
00:40:47.560 --> 00:40:49.680
because then if you had, you know,

1082
00:40:49.680 --> 00:40:52.160
flex online the app that has, you know,

1083
00:40:52.160 --> 00:40:54.240
20,000 users and they all pay whatever,

1084
00:40:54.240 --> 00:40:56.000
20 bucks a month, then, okay,

1085
00:40:56.000 --> 00:40:57.840
well that's a $5 million your business

1086
00:40:57.840 --> 00:40:59.480
that probably if everyone was sticky

1087
00:40:59.480 --> 00:41:00.960
and you got more affiliates and whatever,

1088
00:41:00.960 --> 00:41:03.720
like that might be a $50 million exit business.

1089
00:41:03.720 --> 00:41:05.280
If you X, Y and Z, right?

1090
00:41:05.280 --> 00:41:07.240
If you compare that to, let's say,

1091
00:41:07.240 --> 00:41:10.200
I'm taking a bunch of brand endorsement deals

1092
00:41:10.200 --> 00:41:12.040
where I get little slices of affiliate revenue

1093
00:41:12.040 --> 00:41:12.880
or something like that.

1094
00:41:12.880 --> 00:41:15.160
Like there's no asset that's being built.

1095
00:41:15.160 --> 00:41:19.000
And it's the same work to do both,

1096
00:41:19.000 --> 00:41:21.120
but one yields you 10 times,

1097
00:41:21.120 --> 00:41:23.360
50 times the return of the other one.

1098
00:41:23.360 --> 00:41:25.640
And so if you have your time,

1099
00:41:25.640 --> 00:41:28.240
which is the only asset that we really can allocate,

1100
00:41:28.240 --> 00:41:30.200
then you put it and you stack it on the one

1101
00:41:30.200 --> 00:41:32.080
that has the biggest multiplier effect

1102
00:41:32.080 --> 00:41:33.280
on the work you're putting in.

1103
00:41:33.360 --> 00:41:34.920
And so if you look at all the opportunities

1104
00:41:34.920 --> 00:41:37.360
that you have on your plate that are approaching you,

1105
00:41:37.360 --> 00:41:38.240
a mentor of mindset,

1106
00:41:38.240 --> 00:41:41.000
if it doesn't have a B next to it, don't bother.

1107
00:41:41.000 --> 00:41:42.520
Right, so if it's not gonna make you a billionaire,

1108
00:41:42.520 --> 00:41:44.080
it's not gonna make you a billion dollars Alex,

1109
00:41:44.080 --> 00:41:45.440
he's like, it's not worth your time.

1110
00:41:45.440 --> 00:41:47.600
And so I think if this is for you,

1111
00:41:47.600 --> 00:41:49.520
like if you draw a line in the sand and say,

1112
00:41:49.520 --> 00:41:51.120
like if it's not gonna make me X,

1113
00:41:51.120 --> 00:41:52.440
it's not worth my time.

1114
00:41:52.440 --> 00:41:54.760
And then that just gives you this very clear litmus test

1115
00:41:54.760 --> 00:41:56.560
of like cool, that kills 90% of my shit.

1116
00:41:56.560 --> 00:41:58.640
And now you've got let's say three things left.

1117
00:41:58.640 --> 00:42:00.600
Then it's what problem we're solving,

1118
00:42:00.600 --> 00:42:02.480
you know, let's play each of these out

1119
00:42:02.520 --> 00:42:04.640
and then which of the problems would I prefer to solve?

1120
00:42:04.640 --> 00:42:06.360
And then you narrow your three to your one

1121
00:42:06.360 --> 00:42:08.800
and then you have your whale.

1122
00:42:08.800 --> 00:42:10.000
In my head I'm actually going through

1123
00:42:10.000 --> 00:42:11.200
this shit right now by the way.

1124
00:42:11.200 --> 00:42:12.720
Yeah, it's the most important decision

1125
00:42:12.720 --> 00:42:14.240
you can make in your entrepreneur career.

1126
00:42:14.240 --> 00:42:16.320
What are you gonna dedicate the next five to seven to?

1127
00:42:16.320 --> 00:42:17.400
Like I think about it as in season,

1128
00:42:17.400 --> 00:42:18.520
clop people wanna think about forever

1129
00:42:18.520 --> 00:42:19.840
and I think the world changes too fast.

1130
00:42:19.840 --> 00:42:21.400
Five years from the AI is gonna take over, who knows?

1131
00:42:21.400 --> 00:42:24.840
But like I can see five years.

1132
00:42:24.840 --> 00:42:26.760
And so what can I commit five years to?

1133
00:42:26.760 --> 00:42:28.840
And if five years from now I haven't hit what I wanna hit

1134
00:42:28.840 --> 00:42:30.680
like I can reassess.

1135
00:42:30.680 --> 00:42:33.000
But I can commit 60 months to one thing

1136
00:42:33.000 --> 00:42:35.720
because Microsoft went from zero to one of the biggest

1137
00:42:35.720 --> 00:42:36.880
companies in the world in seven years.

1138
00:42:36.880 --> 00:42:40.240
Like you can do anything in five to seven.

1139
00:42:41.680 --> 00:42:44.000
And so that's how I see it in terms of entrepreneur seasons.

1140
00:42:44.000 --> 00:42:45.560
And so I figured for me as an entrepreneur

1141
00:42:45.560 --> 00:42:49.240
I've got maybe like eight seasons in me

1142
00:42:50.400 --> 00:42:51.360
from beginning to end.

1143
00:42:51.360 --> 00:42:53.520
So it's like I got eight stamps, I got to pick,

1144
00:42:53.520 --> 00:42:55.760
I got on my ticket till I die.

1145
00:42:55.760 --> 00:42:57.720
It's like being really selected by which card

1146
00:42:57.720 --> 00:42:59.280
I'm gonna punch.

1147
00:42:59.280 --> 00:43:00.400
Because there's a hundred things we can do

1148
00:43:00.400 --> 00:43:02.360
but the one thing that matters most is the pick.

1149
00:43:05.720 --> 00:43:07.120
That is a tough thing for me

1150
00:43:07.120 --> 00:43:08.880
because I've got a lot of picks.

1151
00:43:08.880 --> 00:43:09.880
For everyone.

1152
00:43:09.880 --> 00:43:11.040
For everyone and the more successful you are

1153
00:43:11.040 --> 00:43:12.360
the more picks you get.

1154
00:43:12.360 --> 00:43:15.120
But on the flip side, if you picked them all

1155
00:43:15.120 --> 00:43:16.600
you guarantee you don't get there.

1156
00:43:16.600 --> 00:43:17.440
That's what.

1157
00:43:17.440 --> 00:43:19.160
Right, it's like you trying to be like head

1158
00:43:19.160 --> 00:43:21.040
at the CrossFit champ, the Strongman champ

1159
00:43:21.040 --> 00:43:22.240
and the Bodybuilding champ.

1160
00:43:22.240 --> 00:43:23.080
You're not gonna get there.

1161
00:43:23.080 --> 00:43:24.120
It's impossible.

1162
00:43:24.120 --> 00:43:26.280
And then you ended just being like a mediocre athlete.

1163
00:43:26.280 --> 00:43:28.560
And the outcome is so far below

1164
00:43:28.560 --> 00:43:30.640
we're getting second place in Bodybuilding is.

1165
00:43:30.640 --> 00:43:32.840
If you tried to do all three, you wouldn't even place.

1166
00:43:32.840 --> 00:43:33.680
Yeah.

1167
00:43:33.680 --> 00:43:35.000
But that's what it's like when you pursue

1168
00:43:35.000 --> 00:43:37.480
multiple business endeavors at the same time.

1169
00:43:37.480 --> 00:43:38.600
I wouldn't have achieved that.

1170
00:43:38.600 --> 00:43:41.360
Would have achieved if Hadeh had multiple things

1171
00:43:41.360 --> 00:43:42.200
going on in Bodybuilding.

1172
00:43:42.200 --> 00:43:44.480
So that is, again, because like being there

1173
00:43:44.480 --> 00:43:46.600
I understand that analogy.

1174
00:43:46.600 --> 00:43:49.920
So right now I think the me coming out of the blocks

1175
00:43:49.920 --> 00:43:52.240
with all these things is exciting.

1176
00:43:52.240 --> 00:43:55.400
But you just kind of hit me with a more B deck

1177
00:43:55.400 --> 00:43:56.240
across my thing.

1178
00:43:57.240 --> 00:43:58.560
It's wet, well deck.

1179
00:44:00.560 --> 00:44:02.160
That's not a best road.

1180
00:44:02.160 --> 00:44:05.680
No, YouTube will find a way of wanting to demonetage me.

1181
00:44:05.680 --> 00:44:06.680
They love me.

1182
00:44:06.680 --> 00:44:07.440
They love me.

1183
00:44:07.440 --> 00:44:08.640
Don't they?

1184
00:44:08.640 --> 00:44:10.640
Hopefully Alex will pull me out to the YouTube jail.

1185
00:44:14.240 --> 00:44:17.000
But with Hadeh and obviously recapping the whole podcast

1186
00:44:17.000 --> 00:44:22.320
and I want to thank you for coming on you

1187
00:44:22.320 --> 00:44:25.880
and dumbing it down for a lot of my fans, man.

1188
00:44:25.880 --> 00:44:26.960
They know we went off.

1189
00:44:26.960 --> 00:44:30.480
Well, he went off on a couple of business times.

1190
00:44:30.480 --> 00:44:31.600
Just cut the dead.

1191
00:44:31.600 --> 00:44:32.600
No, no, no.

1192
00:44:32.600 --> 00:44:36.120
Listen, I know I message you, pray to come in on the podcast

1193
00:44:36.120 --> 00:44:38.440
and you were like, we'll talk about anything you want.

1194
00:44:38.440 --> 00:44:40.600
And I was like, OK, I should have prefaced.

1195
00:44:40.600 --> 00:44:45.880
Let's just keep it as easy and understandable as possible.

1196
00:44:45.880 --> 00:44:49.280
But then again, I got a wide verse of people that follow us.

1197
00:44:49.280 --> 00:44:52.560
So I'm glad to see and see in the comments

1198
00:44:52.560 --> 00:44:54.240
or sections what comes of this.

1199
00:44:54.240 --> 00:44:57.880
Because I do have a lot of different followers.

1200
00:44:57.880 --> 00:45:00.560
Definitely Sean Dreser, people that follow me

1201
00:45:00.560 --> 00:45:02.360
and for different reasons, right?

1202
00:45:02.360 --> 00:45:04.720
And now I'm moving into different sectors.

1203
00:45:04.720 --> 00:45:08.360
Like I said, it's, you know, I'm trying to find the one,

1204
00:45:08.360 --> 00:45:10.320
as you said.

1205
00:45:10.320 --> 00:45:12.680
It's great to have guests on like yourself

1206
00:45:12.680 --> 00:45:15.960
and pick your brain and see where you're at

1207
00:45:15.960 --> 00:45:19.280
and get the true story of success.

1208
00:45:19.280 --> 00:45:22.040
Because again, a lot of people are just jumping on your platform.

1209
00:45:22.040 --> 00:45:23.160
Me, I'm not a scene.

1210
00:45:23.160 --> 00:45:26.120
I heard your story, right?

1211
00:45:26.120 --> 00:45:29.480
And I know we kind of just skimmed through a lot of the heart

1212
00:45:29.480 --> 00:45:31.240
decks and how things have kind of gone a little bit

1213
00:45:31.240 --> 00:45:31.920
all over the place.

1214
00:45:31.920 --> 00:45:33.880
I understand, my apologies.

1215
00:45:33.880 --> 00:45:36.880
But if there was one part in thing

1216
00:45:36.880 --> 00:45:43.320
that you could give my viewers, what would that be?

1217
00:45:43.320 --> 00:45:46.160
Once you pick, just don't stop.

1218
00:45:46.160 --> 00:45:47.120
That's it.

1219
00:45:47.120 --> 00:45:50.680
Because if you think of life as an infinite game,

1220
00:45:50.680 --> 00:45:52.680
like the point of the game is to finish the game, right?

1221
00:45:52.680 --> 00:45:54.640
Because I mean, the point of the game would be to die.

1222
00:45:54.640 --> 00:45:56.800
So the point of the game is to keep the game going.

1223
00:45:56.800 --> 00:45:58.520
And that's the difference between an infinite and a finite game.

1224
00:45:58.520 --> 00:46:02.240
So finite game has known players, two teams, agreed upon rules,

1225
00:46:02.240 --> 00:46:04.120
and a set outcome where it ends.

1226
00:46:04.120 --> 00:46:06.000
Infinite games has known and unknown players,

1227
00:46:06.000 --> 00:46:07.560
no agreed upon rules, and the only point of the game

1228
00:46:07.560 --> 00:46:08.920
is to keep the game going.

1229
00:46:08.920 --> 00:46:11.320
And so if you think about life in that way,

1230
00:46:11.320 --> 00:46:13.200
whether it's business or health or marriage,

1231
00:46:13.200 --> 00:46:15.800
the point isn't to win at marriage or win at business

1232
00:46:15.800 --> 00:46:19.280
or win at health, the point is to stay healthy.

1233
00:46:19.280 --> 00:46:20.920
The point is to continue your marriage.

1234
00:46:20.920 --> 00:46:23.400
The point is to stay in the game of business.

1235
00:46:23.400 --> 00:46:26.400
And so the only way you lose in business is quitting.

1236
00:46:26.400 --> 00:46:29.120
And so as long as you stay in the game, you have more innings.

1237
00:46:29.120 --> 00:46:33.000
You have unlimited innings, unlimited at bats.

1238
00:46:33.000 --> 00:46:34.880
And so the only way you lose is stopping.

1239
00:46:34.880 --> 00:46:36.040
So don't stop.
