1 00:00:01,040 --> 00:00:04,840 Speaker 1: What's up, everybody. Welcome to another episode of financial Heresy, 2 00:00:04,880 --> 00:00:07,440 Speaker 1: where we talk about how money works so that you 3 00:00:07,440 --> 00:00:11,799 Speaker 1: can make more, keep more, and give more. Today, I 4 00:00:11,840 --> 00:00:17,000 Speaker 1: would like to share with you guys fifteen greater versus 5 00:00:17,160 --> 00:00:22,000 Speaker 1: Good principles that I have learned over the last three 6 00:00:22,079 --> 00:00:27,760 Speaker 1: and a half years of building a business, Principles that 7 00:00:27,840 --> 00:00:31,440 Speaker 1: have helped me with creating more wealth, preserving my wealth, 8 00:00:32,200 --> 00:00:36,279 Speaker 1: business practices that have helped me increase my income, and 9 00:00:36,360 --> 00:00:40,200 Speaker 1: basic life skills that have helped me achieve different goals 10 00:00:40,240 --> 00:00:43,040 Speaker 1: that I've wanted to achieve in my life, whether it's 11 00:00:43,360 --> 00:00:50,600 Speaker 1: a certain amount of money, certain types or status of relationships, 12 00:00:51,960 --> 00:00:56,720 Speaker 1: whether it's physical like health goals. So there's fifteen here. 13 00:00:56,720 --> 00:00:58,920 Speaker 1: I'm going to read them off rapid fire, and then 14 00:00:58,960 --> 00:01:01,440 Speaker 1: I'm like to go over each one kind of in 15 00:01:01,480 --> 00:01:04,399 Speaker 1: detail to explain what I mean by it. And these 16 00:01:04,400 --> 00:01:06,399 Speaker 1: are just things that I've learned that have helped me. 17 00:01:06,520 --> 00:01:09,679 Speaker 1: So take it for what it's worth. If you agree 18 00:01:09,760 --> 00:01:13,640 Speaker 1: or disagree, if you have a different experience. I'm not 19 00:01:13,760 --> 00:01:18,039 Speaker 1: here to say that this is truth objectively. These are 20 00:01:18,080 --> 00:01:20,400 Speaker 1: just the principles that I've found these things work better 21 00:01:20,440 --> 00:01:23,200 Speaker 1: for me. So basically, I've got one thing is better 22 00:01:23,280 --> 00:01:26,959 Speaker 1: than another thing. So the number one just for an example, 23 00:01:26,959 --> 00:01:30,400 Speaker 1: So you know, the format here is gratitude over entitlement. 24 00:01:31,319 --> 00:01:38,040 Speaker 1: And so I've learned that having an attitude and a 25 00:01:38,120 --> 00:01:42,480 Speaker 1: lifestyle of gratitude has served me better for achieving the 26 00:01:42,520 --> 00:01:44,840 Speaker 1: goals that I want to achieve than having an attitude 27 00:01:45,600 --> 00:01:49,120 Speaker 1: or a mindset of entitlement. And so some of the 28 00:01:49,120 --> 00:01:51,080 Speaker 1: rest of these you're going to see that the thing 29 00:01:51,080 --> 00:01:54,320 Speaker 1: that I'm comparing it against is not necessarily a bad thing, 30 00:01:54,400 --> 00:01:56,400 Speaker 1: like what most people would probably say, Okay, yeah, you 31 00:01:56,440 --> 00:02:00,400 Speaker 1: shouldn't have an attitude of entitlement. Not everybody, but people 32 00:02:00,440 --> 00:02:02,280 Speaker 1: probably would say that some of these things, you're going 33 00:02:02,360 --> 00:02:04,040 Speaker 1: to say, well, that's a good thing. Why would I 34 00:02:04,080 --> 00:02:06,320 Speaker 1: want you know what, why are you comparing it against that? 35 00:02:06,400 --> 00:02:09,440 Speaker 1: And I think it's because I've found that it's not 36 00:02:09,560 --> 00:02:12,080 Speaker 1: as effective even though it's good. You know, good can 37 00:02:12,120 --> 00:02:15,200 Speaker 1: be the enemy of the great, and so rapid fire, 38 00:02:15,240 --> 00:02:16,959 Speaker 1: I'm going to go through the fifteen here and then 39 00:02:17,000 --> 00:02:21,240 Speaker 1: break each one down. So number one, I radically seek, 40 00:02:21,280 --> 00:02:27,880 Speaker 1: I radically pursue gratitude over entitlement. Number two giving over getting, 41 00:02:28,639 --> 00:02:35,880 Speaker 1: Number three, habits over motivation, number four, Responsibility over fault 42 00:02:36,680 --> 00:02:43,680 Speaker 1: number five, Action over activism number six, Production over consumption 43 00:02:44,400 --> 00:02:52,200 Speaker 1: number seven, elimination over moderation number eight, Strength over comfort 44 00:02:52,960 --> 00:03:00,839 Speaker 1: number nine, Integrity over charisma number ten, experience over information 45 00:03:01,800 --> 00:03:10,200 Speaker 1: number eleven, legacy over leisure number twelve, competence over confidence 46 00:03:11,000 --> 00:03:18,160 Speaker 1: number thirteen, Practice over perfection number fourteen, Risk over safety 47 00:03:19,120 --> 00:03:24,880 Speaker 1: number fifteen, contrast over balance. What you'll notice now as 48 00:03:25,000 --> 00:03:26,800 Speaker 1: I go through, I'm going to kind of go into 49 00:03:26,840 --> 00:03:31,000 Speaker 1: detail on each one of these and explain why these 50 00:03:31,600 --> 00:03:36,120 Speaker 1: shifts in focus and attitude in mindset have helped me. 51 00:03:37,480 --> 00:03:39,960 Speaker 1: You'll notice right away that these are not things that 52 00:03:40,080 --> 00:03:45,520 Speaker 1: I that I created, that I made up. These are 53 00:03:45,560 --> 00:03:47,520 Speaker 1: things that I've learned because I've picked them up from 54 00:03:47,560 --> 00:03:52,560 Speaker 1: people far more successful than I am. And so I'll 55 00:03:52,560 --> 00:03:57,000 Speaker 1: share with you these stories and examples of kind of 56 00:03:57,040 --> 00:03:59,240 Speaker 1: where I learn these from and how they and how 57 00:03:59,240 --> 00:04:05,880 Speaker 1: they helped. So. Number one, gratitude over entitlement. Gratitude an 58 00:04:05,880 --> 00:04:09,839 Speaker 1: attitude of thankfulness is one that I've found that when 59 00:04:09,880 --> 00:04:12,960 Speaker 1: you you know, whether it's some people say, start off 60 00:04:13,000 --> 00:04:15,320 Speaker 1: each day this way, some people say, hey, journal for 61 00:04:15,360 --> 00:04:17,919 Speaker 1: five minutes a day, go to bed thinking about the 62 00:04:17,920 --> 00:04:21,119 Speaker 1: things that you're thankful for. To me, I don't really 63 00:04:21,120 --> 00:04:24,200 Speaker 1: think the details of it matters. What matters is having 64 00:04:24,200 --> 00:04:28,719 Speaker 1: a general mindset of gratitude and thankfulness, basically just looking 65 00:04:28,760 --> 00:04:32,320 Speaker 1: at life and saying constantly saying these to yourself or 66 00:04:32,320 --> 00:04:34,240 Speaker 1: to others, these are all the things that have happened 67 00:04:34,279 --> 00:04:37,000 Speaker 1: to me that are very very good that I'm very 68 00:04:37,040 --> 00:04:40,599 Speaker 1: thankful for, that are just amazing that I'm very grateful for. 69 00:04:40,680 --> 00:04:43,239 Speaker 1: These are the things that I have that I love. 70 00:04:44,120 --> 00:04:46,720 Speaker 1: These are the situations in my life that I'm so 71 00:04:47,279 --> 00:04:51,120 Speaker 1: thankful for that I'm not in a different situation. You know, 72 00:04:51,160 --> 00:04:54,479 Speaker 1: the health of my kids, the amazing relationship I have 73 00:04:54,600 --> 00:04:57,200 Speaker 1: with my wife, the amount of money that I have 74 00:04:57,240 --> 00:05:01,080 Speaker 1: in the bank, the income, just the house though, whatever, 75 00:05:01,160 --> 00:05:04,000 Speaker 1: it is. Being able to look at that and say, man, 76 00:05:04,200 --> 00:05:07,200 Speaker 1: I understand things can be a lot worse, because things 77 00:05:07,200 --> 00:05:10,080 Speaker 1: have been a lot worse for me, and I know 78 00:05:10,240 --> 00:05:13,640 Speaker 1: people right now who things are a lot worse for currently, 79 00:05:15,120 --> 00:05:18,040 Speaker 1: and so looking at life through that lens of gratitude 80 00:05:18,120 --> 00:05:23,159 Speaker 1: number one, just it reframes you your approach to things, 81 00:05:23,440 --> 00:05:28,159 Speaker 1: and you will just have a general increase in satisfaction 82 00:05:28,520 --> 00:05:30,919 Speaker 1: because you're looking at things through kind of those rose 83 00:05:31,040 --> 00:05:35,159 Speaker 1: colored lenses already, which automatically helps you're going to be 84 00:05:35,160 --> 00:05:37,560 Speaker 1: looking on the bright side of things, and so just 85 00:05:37,680 --> 00:05:40,599 Speaker 1: that alone is just going to improve your experience of life. 86 00:05:41,680 --> 00:05:46,520 Speaker 1: But contrasting this with having gratitude over entitlement. For me, 87 00:05:46,560 --> 00:05:49,400 Speaker 1: the effectiveness of this is like it opens up your 88 00:05:49,400 --> 00:05:51,640 Speaker 1: eyes to all of the good things that there are 89 00:05:51,720 --> 00:05:55,760 Speaker 1: in this world that are, you know, aligned for you 90 00:05:55,839 --> 00:05:59,520 Speaker 1: to succeed when you have an attitude if I deserve this, 91 00:05:59,800 --> 00:06:02,000 Speaker 1: or or I feel entitled to this, I should have this, 92 00:06:02,080 --> 00:06:04,719 Speaker 1: I'm envious about this, I should have what they have. 93 00:06:05,360 --> 00:06:08,279 Speaker 1: You're what you're really saying when you look at that 94 00:06:08,360 --> 00:06:12,720 Speaker 1: perspective from all sides, what you're really saying is I 95 00:06:12,800 --> 00:06:16,080 Speaker 1: don't have what I should It's a it's a limited 96 00:06:16,120 --> 00:06:20,520 Speaker 1: it's it's a scarcity mindset. It's a it's a zero 97 00:06:20,720 --> 00:06:24,680 Speaker 1: sum mindset. It's when I feel entitled. It's because what 98 00:06:24,720 --> 00:06:29,920 Speaker 1: I'm saying is that I don't have something that I 99 00:06:29,960 --> 00:06:33,719 Speaker 1: should have or that I have the right to have. Uh, Therefore, 100 00:06:33,800 --> 00:06:37,680 Speaker 1: somebody else has that and it belongs to me. So 101 00:06:37,760 --> 00:06:39,839 Speaker 1: in order for me to get what belongs to me, 102 00:06:39,880 --> 00:06:42,480 Speaker 1: I have to go take it from somebody else. And 103 00:06:42,520 --> 00:06:45,120 Speaker 1: so it's just a very limiting mindset because you don't 104 00:06:45,160 --> 00:06:47,880 Speaker 1: have the creation mindset that I'm going to go out 105 00:06:47,880 --> 00:06:51,520 Speaker 1: there and, uh, you know, do things to increase the pie. 106 00:06:52,360 --> 00:06:55,880 Speaker 1: And you're looking at the world basically as keeping away 107 00:06:56,000 --> 00:06:59,200 Speaker 1: from you what belongs to you. And if you see 108 00:06:59,240 --> 00:07:02,280 Speaker 1: the world that way, you're going to act in alignment 109 00:07:02,320 --> 00:07:05,320 Speaker 1: with what you believe the world is like. And so 110 00:07:05,360 --> 00:07:07,160 Speaker 1: if you believe the world is aligned in a way 111 00:07:07,160 --> 00:07:09,280 Speaker 1: where it keeps things away from you that belong to you, 112 00:07:09,279 --> 00:07:11,560 Speaker 1: you're going to act that way, and you're going to 113 00:07:12,120 --> 00:07:15,960 Speaker 1: have actions that are not conducive to growth and success 114 00:07:16,160 --> 00:07:19,840 Speaker 1: versus one of gratitude and thankfulness. Your mind, you're constantly 115 00:07:19,840 --> 00:07:22,800 Speaker 1: telling yourself, I have been given so much, you know, 116 00:07:23,000 --> 00:07:25,680 Speaker 1: more than I deserve all of this, everything that I 117 00:07:25,720 --> 00:07:27,920 Speaker 1: have in my entire life, Like I'm so grateful for 118 00:07:27,960 --> 00:07:31,840 Speaker 1: and thankful for. You actually notice a lot more opportunities 119 00:07:32,040 --> 00:07:34,040 Speaker 1: for you to be able to take advantage of because 120 00:07:34,280 --> 00:07:36,280 Speaker 1: the way that you see the world is one of 121 00:07:36,440 --> 00:07:39,760 Speaker 1: the world's constantly trying to send me good things, and 122 00:07:39,800 --> 00:07:43,920 Speaker 1: so you'll notice those things when they do happen. And 123 00:07:43,960 --> 00:07:49,280 Speaker 1: so gratitude over entitlement is I think key number one. 124 00:07:49,760 --> 00:07:53,360 Speaker 1: Number two is giving over getting. So this has a 125 00:07:53,520 --> 00:07:57,200 Speaker 1: long history. When you look at some of the oldest 126 00:07:57,680 --> 00:08:05,040 Speaker 1: religious practices and rights, one of the deepest financial pieces 127 00:08:05,040 --> 00:08:08,720 Speaker 1: of wisdom, deepest financial habits that is built in to 128 00:08:08,840 --> 00:08:13,560 Speaker 1: some of the oldest, most successful religious practices is generosity. 129 00:08:13,840 --> 00:08:16,840 Speaker 1: When you ever, if you look at Islam, which is 130 00:08:16,880 --> 00:08:19,400 Speaker 1: an offshoot of Christianity, and then if you like Christianity, 131 00:08:19,400 --> 00:08:21,840 Speaker 1: which is an offshoot of Judaism, and you look back 132 00:08:21,880 --> 00:08:24,920 Speaker 1: at the history of these ancient religions and the practices 133 00:08:24,960 --> 00:08:27,840 Speaker 1: that they say, it's all about giving. It's all about 134 00:08:27,880 --> 00:08:30,720 Speaker 1: being generous, it's all about taking care of the people 135 00:08:30,720 --> 00:08:36,360 Speaker 1: who are in need. And really, my belief and we 136 00:08:36,400 --> 00:08:38,920 Speaker 1: can break this down maybe if we have enough time, 137 00:08:39,360 --> 00:08:44,320 Speaker 1: is that when you when you do business in the 138 00:08:44,400 --> 00:08:47,480 Speaker 1: right way, what you're really doing is giving. Because everybody says, Okay, 139 00:08:47,520 --> 00:08:50,480 Speaker 1: to succeed in business, you have to create value, but 140 00:08:50,559 --> 00:08:53,400 Speaker 1: what does that really mean. All it means is making 141 00:08:53,440 --> 00:08:57,200 Speaker 1: something that somebody wants so badly that they're willing to 142 00:08:57,200 --> 00:08:59,839 Speaker 1: give you money for it. It's worth more to them 143 00:08:59,840 --> 00:09:03,040 Speaker 1: than the money that they have. And so when you 144 00:09:03,080 --> 00:09:06,480 Speaker 1: engage in business, basically you're doing something where you're giving 145 00:09:06,520 --> 00:09:09,160 Speaker 1: somebody something that they value more than what they're giving you. 146 00:09:09,480 --> 00:09:14,000 Speaker 1: And that's what profit is, by the way, And so 147 00:09:14,480 --> 00:09:18,079 Speaker 1: whether in business, whether in just general life, whether it's 148 00:09:18,160 --> 00:09:21,679 Speaker 1: like charity, actual you know, like generosity, like giving donations, 149 00:09:22,000 --> 00:09:24,480 Speaker 1: whether it's in business, having an attitude of I'm going 150 00:09:24,520 --> 00:09:32,439 Speaker 1: to give more means that the reciprocity will start to build, 151 00:09:32,960 --> 00:09:35,120 Speaker 1: like a fly will, that that energy will just start 152 00:09:35,160 --> 00:09:37,680 Speaker 1: to build and you'll start to receive back more and 153 00:09:37,679 --> 00:09:39,320 Speaker 1: more and more. The people who have created the most 154 00:09:39,400 --> 00:09:41,680 Speaker 1: value in the world are the richest in the world. 155 00:09:43,040 --> 00:09:45,319 Speaker 1: You know. The when you look at how much you know, 156 00:09:45,520 --> 00:09:48,840 Speaker 1: for an example, how much stock you know, Jeff Bezos 157 00:09:48,920 --> 00:09:52,600 Speaker 1: and Elon Musk own of their companies, it's very small. 158 00:09:52,640 --> 00:09:54,560 Speaker 1: They've created a lot more wealth for a lot more people. 159 00:09:54,559 --> 00:09:56,959 Speaker 1: When you look at the supply chains and the associated 160 00:09:57,000 --> 00:09:59,720 Speaker 1: businesses and all the employees and all the other people 161 00:09:59,720 --> 00:10:02,480 Speaker 1: who own the shares, they've created a lot more wealth 162 00:10:02,600 --> 00:10:05,880 Speaker 1: for the world than they've created for themselves. But it's 163 00:10:05,880 --> 00:10:08,520 Speaker 1: still made them the richest men in the world. And 164 00:10:08,640 --> 00:10:11,760 Speaker 1: having this attitude is what is going to ironically kind 165 00:10:11,760 --> 00:10:14,559 Speaker 1: of you know, give back to you versus the getting 166 00:10:14,679 --> 00:10:16,760 Speaker 1: attitude is like, if you go and you constantly try 167 00:10:16,760 --> 00:10:19,480 Speaker 1: and take, take, take, take, take, well, the reciprocity will 168 00:10:19,480 --> 00:10:22,480 Speaker 1: set in and the world will take from you. And 169 00:10:22,559 --> 00:10:25,160 Speaker 1: so there's a reason why all of the richest people 170 00:10:25,160 --> 00:10:29,240 Speaker 1: in the world have dedicated minimum fifty percent of their 171 00:10:29,320 --> 00:10:31,720 Speaker 1: wealth donating it to charity by the end of their lives. 172 00:10:32,360 --> 00:10:37,079 Speaker 1: And there's a reason why most millionaires actively and regularly 173 00:10:37,280 --> 00:10:42,079 Speaker 1: give to charity. It's because having that mindset is what 174 00:10:42,280 --> 00:10:44,640 Speaker 1: got them rich in the first place. Having that mindset 175 00:10:44,679 --> 00:10:48,880 Speaker 1: of give first without expectation, and you'll get more than 176 00:10:48,880 --> 00:10:52,199 Speaker 1: you ever thought was possible. And I'm not talking about 177 00:10:52,440 --> 00:10:54,880 Speaker 1: irresponsible giving. I'm not talking about, hey, just donate to 178 00:10:54,960 --> 00:10:57,360 Speaker 1: random charities that are just wasting the money. I'm not 179 00:10:57,400 --> 00:11:03,040 Speaker 1: talking about enabling people, you know that, because that's not love, right. 180 00:11:03,080 --> 00:11:04,640 Speaker 1: If you're going to give to somebody, you want to 181 00:11:04,679 --> 00:11:06,400 Speaker 1: make sure that you're helping them out, like in a 182 00:11:06,480 --> 00:11:08,440 Speaker 1: time of needs, somebody who actually needs it. You don't 183 00:11:08,440 --> 00:11:11,360 Speaker 1: want to be enabling behaviors that are actually helping ruin 184 00:11:11,440 --> 00:11:13,920 Speaker 1: somebody's life. So I'm not talking about irresponsible giving. I'm 185 00:11:13,920 --> 00:11:17,600 Speaker 1: just talking about a general attitude and lifestyle of giving first, 186 00:11:17,679 --> 00:11:23,400 Speaker 1: giving more, being generous, and that reciprocity will feedback in 187 00:11:23,760 --> 00:11:26,760 Speaker 1: as a positive feedback loop on your life. Number three 188 00:11:26,760 --> 00:11:30,440 Speaker 1: habits over motivation. All right, so a lot of people 189 00:11:30,559 --> 00:11:35,000 Speaker 1: are seeking motivation, and the typical response is don't try 190 00:11:35,040 --> 00:11:36,599 Speaker 1: and be motivated to do the right thing or to 191 00:11:36,640 --> 00:11:38,840 Speaker 1: do the thing you know, you should try to get disciplined. 192 00:11:39,640 --> 00:11:43,360 Speaker 1: So let me break down the three differences. Motivation is 193 00:11:44,040 --> 00:11:47,000 Speaker 1: doing something when you feel like it. Like literally, that 194 00:11:47,120 --> 00:11:49,120 Speaker 1: is the definition of being motivated. It's like, oh, I 195 00:11:49,120 --> 00:11:51,079 Speaker 1: feel really motivated right now. I really feel like doing this, 196 00:11:51,120 --> 00:11:52,600 Speaker 1: so I'm going to do it. It's like that's the 197 00:11:52,840 --> 00:11:58,360 Speaker 1: lowest form of taking action. It's like everybody does something 198 00:11:58,600 --> 00:12:01,520 Speaker 1: that they feel like doing. That's the easiest thing to 199 00:12:01,559 --> 00:12:04,040 Speaker 1: do is to do something that you feel like doing. 200 00:12:04,360 --> 00:12:09,520 Speaker 1: So personally, I think it is counterproductive to ever seek 201 00:12:09,679 --> 00:12:14,560 Speaker 1: motivation at all. The next level up is discipline, and 202 00:12:14,600 --> 00:12:18,400 Speaker 1: discipline is simply doing something that you feel that you 203 00:12:18,440 --> 00:12:21,680 Speaker 1: don't feel like doing, doing something whether or not you 204 00:12:21,720 --> 00:12:23,680 Speaker 1: feel like doing it, doing something when you feel like 205 00:12:23,840 --> 00:12:26,960 Speaker 1: not doing it, And that's that's a big level up. 206 00:12:27,000 --> 00:12:31,000 Speaker 1: But that is something that really relies on willpower, and 207 00:12:31,320 --> 00:12:34,560 Speaker 1: it's it's not that effective in the long run. And 208 00:12:34,600 --> 00:12:36,880 Speaker 1: they've The reason why I say that is not because 209 00:12:37,160 --> 00:12:40,920 Speaker 1: you know a lot of people their motivational videos and 210 00:12:40,960 --> 00:12:42,840 Speaker 1: speeches and things like that, and it's like, just do 211 00:12:42,880 --> 00:12:45,080 Speaker 1: the hard work, just grind, just get up early, just 212 00:12:45,120 --> 00:12:46,960 Speaker 1: do the things that nobody else will do, and you'll 213 00:12:46,960 --> 00:12:49,800 Speaker 1: get ahead. But it's like when you they've done studies 214 00:12:49,800 --> 00:12:51,760 Speaker 1: on this, and they've they've looked at the lifestyles of 215 00:12:51,760 --> 00:12:54,840 Speaker 1: the people who from the outside look the most disciplined 216 00:12:55,160 --> 00:12:57,520 Speaker 1: and are constantly doing the things that other people view 217 00:12:57,520 --> 00:13:00,000 Speaker 1: as hard, and what they've found is that these people 218 00:13:00,000 --> 00:13:05,040 Speaker 1: people do not actually exercise more willpower or more frequently 219 00:13:05,080 --> 00:13:08,040 Speaker 1: exercise willpower than the average person. What they have done 220 00:13:08,080 --> 00:13:11,679 Speaker 1: is they've designed their life in a way that they 221 00:13:11,720 --> 00:13:16,640 Speaker 1: don't need to exercise willpower in order to do the 222 00:13:16,640 --> 00:13:20,400 Speaker 1: thing they know they should. So, for instance, the people 223 00:13:20,400 --> 00:13:23,559 Speaker 1: who wake up early are typically the people who are 224 00:13:23,600 --> 00:13:27,000 Speaker 1: going to bed early enough to where it's they don't 225 00:13:27,040 --> 00:13:28,839 Speaker 1: have to exercise a ton of willpower to be able 226 00:13:28,840 --> 00:13:30,200 Speaker 1: to wake up at the time that they need to. 227 00:13:30,679 --> 00:13:33,760 Speaker 1: The people that don't eat processed food and junk food 228 00:13:34,000 --> 00:13:37,080 Speaker 1: are typically the people who are not buying it, and 229 00:13:37,120 --> 00:13:40,640 Speaker 1: it's not readily available to them whenever they do get 230 00:13:40,679 --> 00:13:44,439 Speaker 1: that temptation or that urge. And so what they've done 231 00:13:44,520 --> 00:13:48,240 Speaker 1: is they've designed lifestyles. They've really designed habits of this 232 00:13:48,320 --> 00:13:50,959 Speaker 1: is just what I do, this is just who I am, 233 00:13:50,960 --> 00:13:54,560 Speaker 1: This is my regular routine. And so they don't have 234 00:13:54,640 --> 00:13:59,240 Speaker 1: to exercise willpower. And if you build little tiny habits 235 00:13:59,280 --> 00:14:01,880 Speaker 1: that are lined with where you eventually want to go, 236 00:14:02,200 --> 00:14:05,520 Speaker 1: that's what will get you there. It's much harder, and 237 00:14:05,720 --> 00:14:08,920 Speaker 1: in my opinion, for the average person, probably impossible to 238 00:14:08,960 --> 00:14:14,520 Speaker 1: get there on willpower alone. Number four responsibility over fault. 239 00:14:15,400 --> 00:14:20,120 Speaker 1: This is a quote I believe from Grant Cardone. He said, 240 00:14:20,680 --> 00:14:23,360 Speaker 1: it's not your fault if you don't come if you 241 00:14:23,360 --> 00:14:25,160 Speaker 1: didn't come from a rich family, But it is your 242 00:14:25,160 --> 00:14:28,520 Speaker 1: fault if a rich family doesn't come from you. Basically, 243 00:14:28,520 --> 00:14:30,840 Speaker 1: what I see there is like the responsibility versus fault. 244 00:14:30,880 --> 00:14:32,960 Speaker 1: It's like there's a lot of things in this world 245 00:14:33,400 --> 00:14:36,800 Speaker 1: that are not our fault. Right, It's not our fault 246 00:14:36,640 --> 00:14:40,080 Speaker 1: that the that the country is thirty trillion dollars in debt. 247 00:14:40,880 --> 00:14:43,560 Speaker 1: It's not our fault that we have a fiat currency 248 00:14:43,720 --> 00:14:46,240 Speaker 1: that they just print and cause inflation. It's not our 249 00:14:46,240 --> 00:14:48,720 Speaker 1: fault that interest rates are what they're at. It's not 250 00:14:48,760 --> 00:14:51,040 Speaker 1: our fault that the housing market is, you know, at 251 00:14:51,040 --> 00:14:52,920 Speaker 1: the price, you know, at the levels that it's at. 252 00:14:52,960 --> 00:14:55,200 Speaker 1: It's not our fault. You know, all these things that 253 00:14:55,240 --> 00:14:57,480 Speaker 1: are going on in the world that potentially could negatively 254 00:14:57,520 --> 00:15:02,760 Speaker 1: impact our lives, but it is our responsibility if we 255 00:15:02,800 --> 00:15:06,920 Speaker 1: want it to be different. And for these large scale things. 256 00:15:07,640 --> 00:15:11,840 Speaker 1: That seems kind of like a useless platitude, but the 257 00:15:11,920 --> 00:15:15,200 Speaker 1: reality is, for a lot of these large scale issues 258 00:15:15,360 --> 00:15:18,760 Speaker 1: that we can't exert a lot of control over, they're 259 00:15:18,880 --> 00:15:22,880 Speaker 1: not radically impacting our day to day lives. And so 260 00:15:23,160 --> 00:15:29,520 Speaker 1: it's our responsibility regardless of the negative situations that might 261 00:15:29,560 --> 00:15:32,520 Speaker 1: arise on the large scale in our entire world in order, 262 00:15:32,760 --> 00:15:36,160 Speaker 1: it's our responsibility to be able to navigate that successfully 263 00:15:36,360 --> 00:15:38,800 Speaker 1: and regardless of the world what the world throws at us, 264 00:15:39,000 --> 00:15:43,880 Speaker 1: We're going to achieve success no matter what. And so 265 00:15:44,040 --> 00:15:47,640 Speaker 1: this is something you know, I typically talk on my 266 00:15:47,840 --> 00:15:51,680 Speaker 1: YouTube channel and sometimes on this podcast about you know, 267 00:15:51,880 --> 00:15:53,800 Speaker 1: things going on in the world and what the Federal 268 00:15:53,840 --> 00:15:56,480 Speaker 1: Reserve is doing, and what the stock market is doing, 269 00:15:56,520 --> 00:15:59,520 Speaker 1: and just these macro, large scale things so for me, 270 00:15:59,560 --> 00:16:02,480 Speaker 1: it's really easy to get into this mindset of it's 271 00:16:02,520 --> 00:16:06,320 Speaker 1: all out of my control and if we want change, 272 00:16:06,320 --> 00:16:09,320 Speaker 1: we have to get somebody else to change it. But really, 273 00:16:10,200 --> 00:16:12,920 Speaker 1: whatever happens, the world is always going to be messed up. 274 00:16:13,320 --> 00:16:16,120 Speaker 1: It's not We're never going to reach a utopia. And 275 00:16:16,200 --> 00:16:20,720 Speaker 1: so to the extent that is true, it has to 276 00:16:21,280 --> 00:16:25,200 Speaker 1: it's only could be our responsibility to make our own 277 00:16:25,240 --> 00:16:28,080 Speaker 1: lives better. If the world's always going to be messed up, 278 00:16:28,080 --> 00:16:31,080 Speaker 1: and some people have great lives, then it's the responsibility 279 00:16:31,120 --> 00:16:33,560 Speaker 1: of the individual to be able to navigate it. And 280 00:16:33,640 --> 00:16:36,720 Speaker 1: so that's something that I'm constantly trying to really struggle with. 281 00:16:36,840 --> 00:16:39,080 Speaker 1: Is probably the most difficult one on the list for me, 282 00:16:39,200 --> 00:16:44,040 Speaker 1: is instead of blaming and pointing fingers and saying, hey, 283 00:16:44,120 --> 00:16:46,080 Speaker 1: it's their fault that you know, I'm in this position, 284 00:16:46,480 --> 00:16:48,800 Speaker 1: to just flip it back around and say, Okay, well 285 00:16:48,800 --> 00:16:51,880 Speaker 1: this is the reality. I can't change that. So what 286 00:16:51,920 --> 00:16:55,040 Speaker 1: do I need to do in my own life in 287 00:16:55,120 --> 00:16:57,800 Speaker 1: order to make my life better despite what's going on 288 00:16:58,240 --> 00:17:00,320 Speaker 1: in the rest of the world. And to the extent 289 00:17:00,360 --> 00:17:02,200 Speaker 1: that I've been able to do that, I've found that 290 00:17:02,600 --> 00:17:06,680 Speaker 1: most people don't. Therefore, that gives me a competitive advantage 291 00:17:07,080 --> 00:17:13,720 Speaker 1: over most people, and so it's actually can very easily 292 00:17:13,960 --> 00:17:16,359 Speaker 1: turn into an opportunity when bad things happen in the world. 293 00:17:16,359 --> 00:17:17,960 Speaker 1: It's like most people are going to roll over and 294 00:17:18,000 --> 00:17:20,520 Speaker 1: play dead and just throw their hands up and wave 295 00:17:20,560 --> 00:17:23,159 Speaker 1: the white flag and say, you know, woe is me. 296 00:17:23,440 --> 00:17:27,080 Speaker 1: And so the people who actually do step up and say, well, 297 00:17:27,119 --> 00:17:29,800 Speaker 1: it's my responsibility to deal with this for my own 298 00:17:29,800 --> 00:17:34,240 Speaker 1: individual life and situation. There's very little competitions. There are 299 00:17:34,320 --> 00:17:36,960 Speaker 1: very few people doing that, and so that can create 300 00:17:37,000 --> 00:17:46,359 Speaker 1: a competitive advantage for you. Number five Action over activism activism. 301 00:17:46,400 --> 00:17:48,480 Speaker 1: Many people have different views on this. This might be 302 00:17:48,520 --> 00:17:50,720 Speaker 1: one of the more controversial statements on here, But the 303 00:17:50,800 --> 00:17:53,080 Speaker 1: way that I define that is basically kind of like 304 00:17:53,840 --> 00:17:57,800 Speaker 1: pointing the finger and saying, hey, like here's a big problem. 305 00:17:58,440 --> 00:18:01,640 Speaker 1: Somebody out there needs to change it and fix it. 306 00:18:02,240 --> 00:18:08,200 Speaker 1: Activism is going to protests and holding up signs and 307 00:18:08,200 --> 00:18:11,320 Speaker 1: and yelling at people who are in charge to do 308 00:18:11,440 --> 00:18:14,560 Speaker 1: better or do different, and telling other people that they 309 00:18:14,600 --> 00:18:19,120 Speaker 1: need to change their lives. Activism is all about telling 310 00:18:19,400 --> 00:18:26,640 Speaker 1: and not doing, and it is, at least recently extremely divisive. Typically, 311 00:18:26,640 --> 00:18:30,160 Speaker 1: when you tell somebody that they're wrong. When you tell 312 00:18:30,240 --> 00:18:33,320 Speaker 1: somebody something, when you tell somebody to do something, say 313 00:18:33,440 --> 00:18:38,520 Speaker 1: you should do this, you should do that, the natural 314 00:18:38,720 --> 00:18:42,960 Speaker 1: human response is to flip that around and do the opposite. 315 00:18:44,160 --> 00:18:47,480 Speaker 1: So like literally, like if they've done like brain scans 316 00:18:47,520 --> 00:18:49,920 Speaker 1: on this, and when you tell somebody you should do this, 317 00:18:50,480 --> 00:18:57,440 Speaker 1: the mediate natural unconscious subconscious response is for them to think, well, 318 00:18:57,520 --> 00:19:00,639 Speaker 1: now I want to do the opposite. So activism it 319 00:19:00,680 --> 00:19:04,320 Speaker 1: actually has like the opposite effect. Not only are you 320 00:19:04,359 --> 00:19:09,119 Speaker 1: spending your time and your effort engaging in you know, 321 00:19:09,240 --> 00:19:13,840 Speaker 1: shouting without actually making a difference, You're you're having the 322 00:19:13,960 --> 00:19:18,159 Speaker 1: opposite impact that you think should happen, and so you're 323 00:19:18,200 --> 00:19:21,119 Speaker 1: you're wasting your your time and your energy while also 324 00:19:21,320 --> 00:19:24,680 Speaker 1: causing a worse outcome. Action, on the other hand, is 325 00:19:24,680 --> 00:19:27,560 Speaker 1: like just actually just doing it. It's like, it does 326 00:19:27,720 --> 00:19:31,720 Speaker 1: no good for you to hold up signs about climate change, 327 00:19:32,040 --> 00:19:34,880 Speaker 1: but if you really believe that that is something that 328 00:19:34,920 --> 00:19:38,720 Speaker 1: people need to need to do differently, it's like you're 329 00:19:38,760 --> 00:19:44,200 Speaker 1: a person change your own life, like you should maybe 330 00:19:44,600 --> 00:19:48,159 Speaker 1: increase the temperature in your own house during summer instead 331 00:19:48,200 --> 00:19:51,600 Speaker 1: of telling everybody else they should. It's just you know, 332 00:19:51,680 --> 00:19:53,639 Speaker 1: look in the mirror basically, and I think to the 333 00:19:53,680 --> 00:19:55,840 Speaker 1: extent that most people do this, I mean that's it's 334 00:19:55,880 --> 00:19:58,840 Speaker 1: pretty self evident that that would create more better results. 335 00:19:59,000 --> 00:20:01,240 Speaker 1: And I'm not saying that I'm just using climate change 336 00:20:01,240 --> 00:20:02,480 Speaker 1: in an example, because there are a lot of climate 337 00:20:02,560 --> 00:20:05,680 Speaker 1: change activists right now, so I'm not saying that I actually, 338 00:20:05,880 --> 00:20:10,320 Speaker 1: you know, think that's something that people should change in 339 00:20:10,359 --> 00:20:16,200 Speaker 1: their own lives. Typically, capitalism has produced throughout history ways 340 00:20:16,280 --> 00:20:19,000 Speaker 1: to solve these challenges. And even though yes, we may 341 00:20:19,280 --> 00:20:22,520 Speaker 1: potentially by some measures, have more extreme weather events, today 342 00:20:22,680 --> 00:20:25,720 Speaker 1: percentage wise we have so many fewer people dying from 343 00:20:25,800 --> 00:20:30,159 Speaker 1: extreme weather events because climate change and what has caused it, 344 00:20:30,200 --> 00:20:33,760 Speaker 1: maybe like you know, petroleum and oil by products. They've 345 00:20:33,800 --> 00:20:36,399 Speaker 1: allowed us to build like stronger structures that don't you know, 346 00:20:36,720 --> 00:20:40,680 Speaker 1: have you are not impacted by weather. So anyway, that's 347 00:20:40,760 --> 00:20:43,080 Speaker 1: kind of a kind of a tangent there. But action 348 00:20:43,160 --> 00:20:46,040 Speaker 1: overt activism is something that I've found, just like the 349 00:20:46,080 --> 00:20:49,080 Speaker 1: previous one, responsibility over fault. It's like, if I want 350 00:20:49,119 --> 00:20:50,840 Speaker 1: to see a change in the world, I actually have 351 00:20:50,880 --> 00:20:54,199 Speaker 1: to go and do something to change it myself, not 352 00:20:54,240 --> 00:20:57,120 Speaker 1: just tell other people they need to change. Number six, 353 00:20:57,200 --> 00:21:01,400 Speaker 1: production over consumption. Okay, so every this is something like Okay, 354 00:21:01,680 --> 00:21:04,320 Speaker 1: a lot of people say, well, everybody can't have their 355 00:21:04,359 --> 00:21:10,000 Speaker 1: own business. False, everybody can have their own business, Okay. 356 00:21:10,080 --> 00:21:14,560 Speaker 1: Can everybody have their own job? Yes, obviously, that's very clear. 357 00:21:14,600 --> 00:21:16,560 Speaker 1: Everybody who wants a job can have a job right now. 358 00:21:17,920 --> 00:21:20,800 Speaker 1: And so if you look at these corporations and these 359 00:21:20,840 --> 00:21:24,000 Speaker 1: large companies that are employing a lot of people, they 360 00:21:24,040 --> 00:21:28,760 Speaker 1: have enough money to employ all these people, right Obviously 361 00:21:28,800 --> 00:21:32,600 Speaker 1: they do because they're doing it. And where does the 362 00:21:32,640 --> 00:21:34,879 Speaker 1: majority of the money go. I mean, a lot of 363 00:21:34,880 --> 00:21:37,359 Speaker 1: it goes to paying the employees, but there's a lot 364 00:21:37,440 --> 00:21:41,560 Speaker 1: more money at the top, especially the larger organization. Larger 365 00:21:41,600 --> 00:21:44,320 Speaker 1: of an organization you look at. And so if all 366 00:21:44,359 --> 00:21:46,199 Speaker 1: you do is just break up, you keep kind of 367 00:21:46,200 --> 00:21:48,480 Speaker 1: the status quo of like the jobs and the responsibilities, 368 00:21:48,480 --> 00:21:51,840 Speaker 1: and you just break it up a little bit. Just 369 00:21:51,960 --> 00:21:56,200 Speaker 1: from a math perspective, there's enough money in the system 370 00:21:56,640 --> 00:21:59,600 Speaker 1: for everybody to do what they're doing now on their 371 00:21:59,600 --> 00:22:02,240 Speaker 1: own right. And I know, I'm I'm not saying that 372 00:22:02,280 --> 00:22:05,160 Speaker 1: everybody should have their own business. I'm not saying that 373 00:22:05,960 --> 00:22:10,719 Speaker 1: there's not more value created by individuals voluntarily working together 374 00:22:10,760 --> 00:22:12,880 Speaker 1: to achieve a goal rather than trying to do it separately. 375 00:22:13,600 --> 00:22:17,640 Speaker 1: But I'm just saying mathwise, that part adds up. Second, 376 00:22:18,400 --> 00:22:21,880 Speaker 1: most people are consumers in most part of their lives, right, 377 00:22:21,960 --> 00:22:25,400 Speaker 1: Like you think of all the stuff that you've bought, 378 00:22:25,440 --> 00:22:28,840 Speaker 1: like your bed, your house, your carpet, your your furniture, 379 00:22:28,920 --> 00:22:31,560 Speaker 1: your gas in your car to get to work, your insurance, 380 00:22:31,600 --> 00:22:35,320 Speaker 1: your food, you're literally everything in your life, and all 381 00:22:35,400 --> 00:22:38,600 Speaker 1: of the different companies that are involved in all of 382 00:22:38,640 --> 00:22:41,840 Speaker 1: those processes. I mean, just one product you look at, 383 00:22:41,880 --> 00:22:45,000 Speaker 1: like a standard chair, It's like there's not one person 384 00:22:45,040 --> 00:22:49,560 Speaker 1: responsible for making that chair. There's hundreds, potentially thousands of 385 00:22:49,600 --> 00:22:53,560 Speaker 1: people responsible for making that chair, like harvesting the raw materials, 386 00:22:53,600 --> 00:22:55,520 Speaker 1: digging the ore out of the ground just for the 387 00:22:55,680 --> 00:23:00,199 Speaker 1: like the screws and the nails, and then refining that 388 00:23:00,400 --> 00:23:04,520 Speaker 1: and then sending that refined metal to you know, a 389 00:23:04,600 --> 00:23:07,560 Speaker 1: manufacturer that is going to create those nails and those screws, 390 00:23:07,600 --> 00:23:11,480 Speaker 1: and then delivering that on the trucks that are themselves, 391 00:23:11,520 --> 00:23:16,760 Speaker 1: you know, masterpieces of machinery to the store where they're 392 00:23:16,760 --> 00:23:19,240 Speaker 1: going to be sold, and then they get sold to 393 00:23:19,320 --> 00:23:22,520 Speaker 1: the manufacturers putting together the chair, and that chair has 394 00:23:22,560 --> 00:23:25,119 Speaker 1: wood in it, which was grown by you know, grown 395 00:23:25,160 --> 00:23:27,560 Speaker 1: and harvested and cut down. And it's just like if 396 00:23:27,600 --> 00:23:29,679 Speaker 1: you think through every single part and how many people 397 00:23:29,680 --> 00:23:32,480 Speaker 1: and companies that are involved in every single little tiny 398 00:23:32,520 --> 00:23:35,400 Speaker 1: part of that one chair and then just delivering all 399 00:23:35,400 --> 00:23:38,040 Speaker 1: those parts and resources and materials to each other to 400 00:23:38,080 --> 00:23:40,159 Speaker 1: create it and then getting that final product to you, 401 00:23:41,560 --> 00:23:44,000 Speaker 1: it's like every single you look at your life and 402 00:23:44,040 --> 00:23:47,119 Speaker 1: you look at how many people have to cooperate together 403 00:23:47,200 --> 00:23:49,600 Speaker 1: on a daily basis to be able to produce the 404 00:23:49,600 --> 00:23:53,520 Speaker 1: stuff that you consume. And that's just one thing, just 405 00:23:53,760 --> 00:23:57,440 Speaker 1: the chair now, and your whole entire life is consuming everything, 406 00:23:57,720 --> 00:24:00,840 Speaker 1: but you produce one a little thing. You go to work, 407 00:24:01,040 --> 00:24:03,280 Speaker 1: you give your time, you know, eight hours a day 408 00:24:03,400 --> 00:24:05,159 Speaker 1: to give you a paycheck for it, and for that 409 00:24:05,240 --> 00:24:09,200 Speaker 1: in that time, you're you're doing one tiny, miniscule, small 410 00:24:09,200 --> 00:24:13,600 Speaker 1: little task in the scheme of life compared to everything 411 00:24:13,640 --> 00:24:17,479 Speaker 1: you consume. And so to the extent that you can 412 00:24:17,560 --> 00:24:22,760 Speaker 1: produce more versus consume more. Number one, the world's a 413 00:24:22,760 --> 00:24:27,240 Speaker 1: big place, as we just looked, and there are basically 414 00:24:27,280 --> 00:24:30,960 Speaker 1: an unlimited number of human needs and wants that are 415 00:24:31,400 --> 00:24:34,040 Speaker 1: being met and could continue to be met in the future. 416 00:24:34,520 --> 00:24:36,840 Speaker 1: So to the extent that you produce more, there is 417 00:24:38,240 --> 00:24:41,360 Speaker 1: potentially unlimited, infinite demand for anything you might be able 418 00:24:41,359 --> 00:24:45,080 Speaker 1: to produce, considering how much people consume versus how much 419 00:24:45,119 --> 00:24:48,960 Speaker 1: people produce. So the more you can produce, the more 420 00:24:49,000 --> 00:24:51,760 Speaker 1: wealth you will have. That's, when you consume, you're you're 421 00:24:51,880 --> 00:24:56,000 Speaker 1: basically exchanging the value of your your labor, your wealth 422 00:24:56,160 --> 00:24:59,359 Speaker 1: for something you can consume. When you produce, you're creating 423 00:24:59,440 --> 00:25:02,640 Speaker 1: your story up that value of that labor. And so 424 00:25:02,840 --> 00:25:07,240 Speaker 1: the more you produce, the more you create value and 425 00:25:07,280 --> 00:25:10,360 Speaker 1: wealth for society, the more wealthy you will become. So 426 00:25:10,880 --> 00:25:14,879 Speaker 1: shifting my life from consuming to producing and it's you know, 427 00:25:14,920 --> 00:25:17,800 Speaker 1: it's very small, but every little piece that you stack 428 00:25:17,840 --> 00:25:22,600 Speaker 1: on that pile has you know, exponentially larger results. So 429 00:25:23,040 --> 00:25:25,359 Speaker 1: shifting your life towards a life of production rather than 430 00:25:25,400 --> 00:25:31,320 Speaker 1: consumption is huge. Number seven elimination over moderation. This is 431 00:25:31,320 --> 00:25:34,840 Speaker 1: probably my second most controversial one on here. Um. I 432 00:25:34,880 --> 00:25:37,119 Speaker 1: get into conversations with like family and friends about this 433 00:25:37,160 --> 00:25:43,040 Speaker 1: a lot because my personality is a lot more. You know, 434 00:25:43,359 --> 00:25:46,560 Speaker 1: go bigger, go home. If it's worth doing, it's worth overdoing, 435 00:25:46,840 --> 00:25:53,560 Speaker 1: you know, go all in. And my my theory is 436 00:25:53,600 --> 00:25:58,639 Speaker 1: that or what I've observed actually is that most people 437 00:25:59,640 --> 00:26:05,879 Speaker 1: use moderation as an excuse for mediocrity. So here's what 438 00:26:05,920 --> 00:26:10,320 Speaker 1: I mean by that. They people will say, I know 439 00:26:10,440 --> 00:26:14,280 Speaker 1: I shouldn't eat bread. I know bread is bad for me. 440 00:26:14,600 --> 00:26:17,359 Speaker 1: I know there's chemicals in it. I know there's bleach 441 00:26:17,400 --> 00:26:20,240 Speaker 1: in it. I know there's round up sprayed on the 442 00:26:20,240 --> 00:26:22,439 Speaker 1: wheat and makes its way into the flower, and I 443 00:26:22,440 --> 00:26:25,160 Speaker 1: know there's preservatives, and I know it's stored in plastic, 444 00:26:25,240 --> 00:26:27,600 Speaker 1: and I know the carbs are terrible for me, and 445 00:26:27,600 --> 00:26:29,800 Speaker 1: the poison is terrible for me, and it's making me 446 00:26:30,400 --> 00:26:32,399 Speaker 1: intolerant to all these other foods, and it's making me 447 00:26:32,440 --> 00:26:35,119 Speaker 1: gain weight, and I know it's terrible for me, So 448 00:26:35,160 --> 00:26:39,000 Speaker 1: I'm just gonna eat a little bit of it. It's like, 449 00:26:39,119 --> 00:26:42,879 Speaker 1: did you do you hear yourself? You know all of 450 00:26:42,920 --> 00:26:46,520 Speaker 1: these things, you know how terrible is there's no benefit 451 00:26:46,560 --> 00:26:50,400 Speaker 1: you're getting from this other than the pleasure of swallowing, 452 00:26:51,280 --> 00:26:54,159 Speaker 1: and yet you're still gonna say, I'm just gonna do 453 00:26:54,200 --> 00:26:58,240 Speaker 1: it a little bit. Moderation is an excuse for mediocrity 454 00:26:58,400 --> 00:27:01,400 Speaker 1: that people use who can not commit to an outcome. 455 00:27:01,920 --> 00:27:04,600 Speaker 1: So instead of you know, a lot of people commit 456 00:27:04,640 --> 00:27:08,760 Speaker 1: to trying to they commit to attempts. So I'm gonna 457 00:27:08,800 --> 00:27:10,560 Speaker 1: try and lose weight, I'm gonna try and make some 458 00:27:10,560 --> 00:27:13,040 Speaker 1: more money, I'm gonna try and improve my relationship. I'm 459 00:27:13,040 --> 00:27:14,960 Speaker 1: gonna try and do this. What you're committing to is 460 00:27:15,000 --> 00:27:18,320 Speaker 1: the attempt. There's no guaranteed result there, and you're gonna 461 00:27:18,320 --> 00:27:20,280 Speaker 1: say i'm gonna I'm gonna do one thing, and if 462 00:27:20,280 --> 00:27:22,239 Speaker 1: I get my result, whatever result I get, I just 463 00:27:22,520 --> 00:27:25,360 Speaker 1: I'll have to stick with the opposite approach is committing 464 00:27:25,359 --> 00:27:28,639 Speaker 1: to an outcome rather than an attempt. So when I 465 00:27:28,680 --> 00:27:31,000 Speaker 1: was two hundred thirty pounds, I said, I'm gonna be 466 00:27:31,040 --> 00:27:33,719 Speaker 1: one eighty. I don't know how long it's going to take, 467 00:27:33,720 --> 00:27:34,879 Speaker 1: and I don't know what i'm gonna have to do 468 00:27:34,920 --> 00:27:37,800 Speaker 1: to get there, but I've decided that I'm going to 469 00:27:37,880 --> 00:27:40,600 Speaker 1: be one hundred eighty pounds. And so the first thing 470 00:27:40,640 --> 00:27:42,840 Speaker 1: that I tried at that point. Then once I decided 471 00:27:42,880 --> 00:27:45,760 Speaker 1: and committed to the outcome, I said, I'm gonna use 472 00:27:45,800 --> 00:27:48,120 Speaker 1: I'm gonna do the carnivore diet and because I've I've 473 00:27:48,119 --> 00:27:50,960 Speaker 1: heard good things about that, and that ended up being, 474 00:27:51,200 --> 00:27:53,480 Speaker 1: you know what got me there. But if that would 475 00:27:53,480 --> 00:27:55,239 Speaker 1: not have worked. I would have gone on to number two, 476 00:27:55,359 --> 00:27:57,199 Speaker 1: number three, number four, number five. And in fact, over 477 00:27:57,240 --> 00:27:59,880 Speaker 1: the last you know, ten years, I had tried every 478 00:28:00,040 --> 00:28:02,200 Speaker 1: other diet. I had done keyto, I'd done inter manifesting, 479 00:28:02,240 --> 00:28:04,480 Speaker 1: I've done vegan, i had done extreme locale, I'd done 480 00:28:04,560 --> 00:28:07,280 Speaker 1: all of these different diets that I had tried, and 481 00:28:07,320 --> 00:28:09,280 Speaker 1: they worked a little bit, and then they weren't sustainable, 482 00:28:09,320 --> 00:28:10,960 Speaker 1: and then I went back and gained it all back. 483 00:28:11,280 --> 00:28:14,600 Speaker 1: And so when I decided, okay, instead of trying a diet, 484 00:28:14,640 --> 00:28:16,720 Speaker 1: instead of trying to lose some weight, I'm going to 485 00:28:16,760 --> 00:28:18,560 Speaker 1: commit to an outcome, and I decided I'm gonna weigh 486 00:28:18,600 --> 00:28:21,560 Speaker 1: one eighty and I did it. And so when you 487 00:28:21,720 --> 00:28:23,920 Speaker 1: aren't able to commit to an outcome, what you're really 488 00:28:23,920 --> 00:28:30,440 Speaker 1: doing is is admitting defeat to or you're you're admitting 489 00:28:30,480 --> 00:28:34,360 Speaker 1: to a lifestyle of mediocrity, just being okay, just being 490 00:28:34,440 --> 00:28:39,000 Speaker 1: in the middle, not great, not extreme. And so people 491 00:28:39,440 --> 00:28:41,360 Speaker 1: use moderation say I'm just going to do it a 492 00:28:41,400 --> 00:28:44,680 Speaker 1: little bit, because they don't they're trying. They're not committing 493 00:28:44,680 --> 00:28:48,760 Speaker 1: to an outcome, they're committing to just uh, you know, 494 00:28:49,120 --> 00:28:52,640 Speaker 1: an attempt, whatever the results might be. They're gonna they're 495 00:28:52,680 --> 00:28:54,200 Speaker 1: just they're gonna throw their hands up and say they 496 00:28:54,200 --> 00:28:56,680 Speaker 1: have to live with it. If there's something you feel 497 00:28:56,680 --> 00:28:58,920 Speaker 1: like you should moderate, then the better approach is to 498 00:28:58,960 --> 00:29:03,240 Speaker 1: eliminate it, because if you think that it's bad for 499 00:29:03,280 --> 00:29:05,120 Speaker 1: you and you should be doing less of it, then 500 00:29:05,760 --> 00:29:07,640 Speaker 1: it would be better for you to do none of it. 501 00:29:09,160 --> 00:29:11,920 Speaker 1: If it's bad enough for you to try and reduce, 502 00:29:13,000 --> 00:29:16,120 Speaker 1: then it's also bad enough for you that it would 503 00:29:16,160 --> 00:29:19,520 Speaker 1: be good for you to eliminate it. So elimination, eliminating 504 00:29:20,640 --> 00:29:22,479 Speaker 1: something that is bad for you, is going to be 505 00:29:22,520 --> 00:29:27,000 Speaker 1: exponentially better for you than just slightly reducing something that 506 00:29:27,080 --> 00:29:29,120 Speaker 1: is bad for you. A little bit of poison will 507 00:29:29,120 --> 00:29:32,240 Speaker 1: still kill you over time. A little bit of poison 508 00:29:32,280 --> 00:29:36,200 Speaker 1: in a relationship will still ruin the relationship over time. 509 00:29:36,720 --> 00:29:39,120 Speaker 1: A little bit of bitterness, a little bit of resentfulness, 510 00:29:39,120 --> 00:29:40,959 Speaker 1: a little bit of pride, a little bit of arrogance, 511 00:29:41,000 --> 00:29:43,200 Speaker 1: a little bit of selfishness, a little bit of lying, 512 00:29:43,200 --> 00:29:45,520 Speaker 1: a little bit of stealing, a little bit of anything 513 00:29:45,560 --> 00:29:48,360 Speaker 1: that's bad. You don't reduce it, you don't moderate it. 514 00:29:48,520 --> 00:29:50,840 Speaker 1: You get rid of it, you crush it, you eliminate it, 515 00:29:50,840 --> 00:29:54,280 Speaker 1: you take it out of your life. There's no room 516 00:29:54,360 --> 00:29:57,800 Speaker 1: for that if you want to achieve excellence. Elimination over 517 00:29:57,840 --> 00:30:06,560 Speaker 1: moderation Number eight, strength overcomfort. These, in my opinion, are 518 00:30:06,880 --> 00:30:12,960 Speaker 1: proper opposites. People say pursue discomfort overcomfort, but I have 519 00:30:13,160 --> 00:30:18,200 Speaker 1: not found that to be as helpful of a contrast, 520 00:30:18,640 --> 00:30:20,680 Speaker 1: because there are a lot of things that produce discomfort 521 00:30:20,680 --> 00:30:27,120 Speaker 1: that don't produce results. Just because something produces discomfort does 522 00:30:27,200 --> 00:30:30,960 Speaker 1: not mean it is going to produce good results for you. Discomfort, 523 00:30:31,000 --> 00:30:38,800 Speaker 1: I believe is necessary, but not sufficient for achieving new 524 00:30:39,200 --> 00:30:43,880 Speaker 1: positive results. So I think the better contrast to seeking 525 00:30:43,920 --> 00:30:47,000 Speaker 1: comfort like seeking comfort is like enjoyment and leisure. It's 526 00:30:47,040 --> 00:30:51,840 Speaker 1: like watching Netflix and lounging by the pool and eating, 527 00:30:51,920 --> 00:30:53,920 Speaker 1: you know, a lot of delicious food and not doing 528 00:30:53,960 --> 00:30:57,040 Speaker 1: anything difficult and having a life where everything is pleasurable 529 00:30:57,080 --> 00:31:01,080 Speaker 1: and easy. That's comfort. And that is a quick path 530 00:31:01,120 --> 00:31:04,080 Speaker 1: to hell. That is a quick path to three hundred 531 00:31:04,120 --> 00:31:06,320 Speaker 1: and fifty pounds. That is a quick path to a 532 00:31:06,360 --> 00:31:08,640 Speaker 1: heart attack. That is a quick path to fatty libert disease. 533 00:31:08,640 --> 00:31:11,080 Speaker 1: That is a quick path to poverty, quick path to 534 00:31:11,160 --> 00:31:14,959 Speaker 1: food stamps, quick path to just letting go of the 535 00:31:15,080 --> 00:31:17,600 Speaker 1: organization and the results that you've achieved in your life 536 00:31:17,600 --> 00:31:20,400 Speaker 1: and watching it all go downhill very quickly seeking comfort. 537 00:31:21,640 --> 00:31:24,280 Speaker 1: So instead of seeking comfort, I think it's better instead 538 00:31:24,320 --> 00:31:26,520 Speaker 1: of seeking discomfort over comfort, I think it's better to 539 00:31:26,600 --> 00:31:29,880 Speaker 1: seek strength over comfort to get strong in certain areas. 540 00:31:30,200 --> 00:31:33,800 Speaker 1: So healthwise, um, you know, if you're if you're going 541 00:31:33,840 --> 00:31:37,120 Speaker 1: to go to the gym, it's like it's more comfortable 542 00:31:37,120 --> 00:31:39,120 Speaker 1: to stay at home and not be in pain. But 543 00:31:39,160 --> 00:31:43,520 Speaker 1: if you go to the gym and you seek strength, 544 00:31:43,640 --> 00:31:45,320 Speaker 1: you're going to be doing things that are going to 545 00:31:45,400 --> 00:31:48,440 Speaker 1: be disc They're going to be uncomfortable, right. It's that 546 00:31:48,560 --> 00:31:50,640 Speaker 1: that pain that you feel in your muscles when they 547 00:31:50,640 --> 00:31:55,440 Speaker 1: start to burn, when you're on your last reph the 548 00:31:55,520 --> 00:31:58,720 Speaker 1: pain in your lungs when you're breathing really hard, the 549 00:31:58,880 --> 00:32:00,959 Speaker 1: pain in your muscles, the sons when you get home 550 00:32:01,000 --> 00:32:04,040 Speaker 1: the next day or the day after. It's like, seeking 551 00:32:04,080 --> 00:32:08,840 Speaker 1: strength does cause discomfort. But strength is what you want, 552 00:32:09,240 --> 00:32:12,520 Speaker 1: whether it's in the gym, whether it's strength at public speaking, 553 00:32:12,560 --> 00:32:16,560 Speaker 1: whether it's strength in a relationship, whether it's strength as 554 00:32:16,560 --> 00:32:20,720 Speaker 1: a person, whatever, whatever it is, Seeking that and trying 555 00:32:20,760 --> 00:32:27,440 Speaker 1: to become strong at something is going to discomfort will 556 00:32:27,480 --> 00:32:32,200 Speaker 1: be involved in that. But the goal is strength, and 557 00:32:32,360 --> 00:32:35,000 Speaker 1: if you don't pursue strength, you're going to slip into 558 00:32:35,240 --> 00:32:41,440 Speaker 1: pursuing comfort. Number nine integrity over charisma. Charisma is something 559 00:32:41,480 --> 00:32:47,120 Speaker 1: that I think is highly overvalued. I don't think that 560 00:32:47,160 --> 00:32:51,600 Speaker 1: a lot of people are charismatic. I think there are 561 00:32:51,640 --> 00:32:54,560 Speaker 1: a lot of people that do not have charisma. And 562 00:32:54,600 --> 00:32:56,320 Speaker 1: it's like this is one of those things that's good. 563 00:32:56,360 --> 00:32:59,680 Speaker 1: It's like, yeah, most people should work on the ability 564 00:32:59,720 --> 00:33:02,360 Speaker 1: to look somebody. You look somebody in the eye when 565 00:33:02,360 --> 00:33:05,400 Speaker 1: you meet them, tell them your name, ask them their name, 566 00:33:05,520 --> 00:33:08,200 Speaker 1: shake their hand firmly, but not too firm, like, don't 567 00:33:08,240 --> 00:33:13,320 Speaker 1: have a wet, soggy, floppy handshake. You know, have the 568 00:33:13,360 --> 00:33:16,560 Speaker 1: ability to carry on a conversation. They ask you a question, 569 00:33:16,640 --> 00:33:18,880 Speaker 1: you answer, and then you respond with another question. To 570 00:33:18,960 --> 00:33:24,760 Speaker 1: keep the conversation going, you look and sound and genuinely 571 00:33:24,800 --> 00:33:28,719 Speaker 1: become interested in what they're saying and ask follow up 572 00:33:28,800 --> 00:33:37,680 Speaker 1: questions and compliment people. And as opposed to the person 573 00:33:37,800 --> 00:33:40,360 Speaker 1: who's like, you know, the floppy handshake, can't look you 574 00:33:40,360 --> 00:33:42,600 Speaker 1: in the eyes, stands there awkwardly, doesn't know how to 575 00:33:42,600 --> 00:33:44,720 Speaker 1: say anything in response. You ask them a question, they 576 00:33:44,760 --> 00:33:47,720 Speaker 1: answer one word, and then they don't don't offer any back, 577 00:33:47,800 --> 00:33:49,840 Speaker 1: any other question back, and you can't carry on a 578 00:33:49,840 --> 00:33:52,560 Speaker 1: conversation with them because they're just completely shut down. But 579 00:33:52,600 --> 00:33:55,280 Speaker 1: they're so awkward socially that they don't even know that 580 00:33:55,320 --> 00:33:57,560 Speaker 1: they're making you feel uncomfortable, and they just stand there 581 00:33:57,600 --> 00:34:01,720 Speaker 1: anyway in silence. It's like, don't be that person. So 582 00:34:02,600 --> 00:34:06,160 Speaker 1: having charisma, learning charisma is far better than that. But 583 00:34:07,000 --> 00:34:08,879 Speaker 1: in the long term scheme of life, I do think 584 00:34:08,920 --> 00:34:10,960 Speaker 1: that integrity is more important than that, because there are 585 00:34:11,000 --> 00:34:13,400 Speaker 1: a lot of people who have worked on their charisma 586 00:34:13,440 --> 00:34:16,719 Speaker 1: and have the ability to make friends with people very 587 00:34:16,800 --> 00:34:20,560 Speaker 1: easily and network easily and make people feel good and 588 00:34:20,560 --> 00:34:23,560 Speaker 1: make people feel like they're their best friend, but they 589 00:34:23,560 --> 00:34:27,520 Speaker 1: don't have integrity. And the long term I've seen very 590 00:34:27,920 --> 00:34:34,080 Speaker 1: negative consequences of this, because they build these relationships that 591 00:34:34,120 --> 00:34:37,040 Speaker 1: are short term, built on nothing but fluff and their charisma, 592 00:34:37,080 --> 00:34:42,160 Speaker 1: and it all falls apart and eventually they similar to 593 00:34:42,200 --> 00:34:45,200 Speaker 1: what a psychopath does, they build a little empire and 594 00:34:45,239 --> 00:34:48,279 Speaker 1: then everything collapses underneath them because they don't have the 595 00:34:48,320 --> 00:34:50,840 Speaker 1: integrity to do the right thing. And then they move 596 00:34:50,920 --> 00:34:53,640 Speaker 1: on to somebody else, and you see a string of 597 00:34:53,760 --> 00:34:58,880 Speaker 1: broken relationships in their past and having integrity is going 598 00:34:58,920 --> 00:35:01,120 Speaker 1: to be far more beneficial to you long term than 599 00:35:01,160 --> 00:35:05,040 Speaker 1: having charisma, because if you have the integrity the people 600 00:35:05,080 --> 00:35:07,800 Speaker 1: along the way that you do me even if you're awkward, 601 00:35:07,920 --> 00:35:12,720 Speaker 1: even if you struggle with social situations, you will build 602 00:35:12,840 --> 00:35:16,160 Speaker 1: relationships that are built on a strong foundation that will 603 00:35:16,200 --> 00:35:18,160 Speaker 1: stick with you for the rest of your life, and 604 00:35:18,239 --> 00:35:20,520 Speaker 1: people will go to bat for you, and you'll end 605 00:35:20,600 --> 00:35:23,120 Speaker 1: up being you know, you know, without any charisma, you 606 00:35:23,200 --> 00:35:26,200 Speaker 1: might end up being that awkward one. You know later 607 00:35:26,239 --> 00:35:29,040 Speaker 1: on that everybody else says, that's the guy you want 608 00:35:29,080 --> 00:35:31,040 Speaker 1: on your team, that's the person you want to do 609 00:35:31,080 --> 00:35:34,200 Speaker 1: deals with, that's the person you want a relationship with. Yes, 610 00:35:34,400 --> 00:35:38,040 Speaker 1: they're a little bit rough around the edges, but it's 611 00:35:38,040 --> 00:35:40,279 Speaker 1: good for you in the long run. And so I 612 00:35:40,320 --> 00:35:44,120 Speaker 1: think pursuing integrity and always doing the right thing and 613 00:35:44,360 --> 00:35:47,040 Speaker 1: doing what you say you're going to do is very 614 00:35:47,200 --> 00:35:53,439 Speaker 1: undervalued in today's workplace. As an entrepreneur, as business owner, 615 00:35:53,480 --> 00:35:56,520 Speaker 1: as a you know, speaker, whatever it is. Integrity is 616 00:35:56,560 --> 00:36:00,200 Speaker 1: going to get you a lot farther, not quicker, but 617 00:36:00,280 --> 00:36:04,240 Speaker 1: it'll get you a lot farther than charisma charisma alone. 618 00:36:04,760 --> 00:36:08,480 Speaker 1: Number ten experience over information. This is something I struggled 619 00:36:08,520 --> 00:36:12,799 Speaker 1: with a lot that I've that is something that I 620 00:36:12,840 --> 00:36:15,920 Speaker 1: constantly have to remind myself that doing is better than knowing. 621 00:36:17,640 --> 00:36:19,960 Speaker 1: So I can't tell you how many books I read 622 00:36:20,120 --> 00:36:23,799 Speaker 1: on real estate before I ever invested in real estate 623 00:36:23,920 --> 00:36:27,520 Speaker 1: for the first time, and it was like night and day. 624 00:36:27,560 --> 00:36:32,200 Speaker 1: It's like how many How well do you think you 625 00:36:32,280 --> 00:36:36,839 Speaker 1: can know what it's like to be married? If your 626 00:36:36,920 --> 00:36:41,320 Speaker 1: only knowledge of marriage is by reading twenty marriage books, 627 00:36:42,480 --> 00:36:46,000 Speaker 1: It's like you might have some book knowledge, you might 628 00:36:46,120 --> 00:36:48,759 Speaker 1: have some little tips and tricks that may help you 629 00:36:48,800 --> 00:36:53,879 Speaker 1: out some day, but you have no clue what it 630 00:36:53,920 --> 00:36:56,880 Speaker 1: feels like to wake up every day next to somebody 631 00:36:57,040 --> 00:37:00,840 Speaker 1: that you love and admire and want to spend the 632 00:37:00,880 --> 00:37:03,600 Speaker 1: rest of your life with. You have no idea what 633 00:37:03,719 --> 00:37:07,680 Speaker 1: it's like to uh the feeling of resolving a small 634 00:37:07,800 --> 00:37:13,160 Speaker 1: or a large conflict and the peace that comes once 635 00:37:13,320 --> 00:37:17,960 Speaker 1: that resolution has happened. You have no idea what it's 636 00:37:18,000 --> 00:37:23,279 Speaker 1: like um to UH to learn the little, the little 637 00:37:23,360 --> 00:37:27,640 Speaker 1: quirks and habits of another person who's lived an entirely 638 00:37:27,640 --> 00:37:30,640 Speaker 1: separate life and then slowly start to see, though you hurt, 639 00:37:30,719 --> 00:37:36,040 Speaker 1: theirs and yours merge together and slowly you become very 640 00:37:36,160 --> 00:37:39,960 Speaker 1: very much like overlapped in you know who you are together. 641 00:37:40,280 --> 00:37:43,960 Speaker 1: Those are things that can only be experienced through actually 642 00:37:44,080 --> 00:37:47,680 Speaker 1: doing and living through um and no amount of information 643 00:37:47,800 --> 00:37:51,319 Speaker 1: or study or reading or looking and observing others do 644 00:37:51,400 --> 00:37:54,200 Speaker 1: that can can come close to what it's like to 645 00:37:54,239 --> 00:37:56,600 Speaker 1: experience it. And it's the same thing with investing, is 646 00:37:56,640 --> 00:37:58,319 Speaker 1: the same thing with building business. It's the same thing 647 00:37:58,320 --> 00:38:00,920 Speaker 1: about learning skills, the same thing about everything in life 648 00:38:01,000 --> 00:38:06,880 Speaker 1: that experience exponentially hundreds or thousands of times over Trump's 649 00:38:07,400 --> 00:38:12,399 Speaker 1: information and knowledge. And so I've done this. It's one 650 00:38:12,440 --> 00:38:17,840 Speaker 1: of my biggest areas of weakness is acting to slowly, 651 00:38:18,520 --> 00:38:21,400 Speaker 1: where I want to accumulate as much information as possible 652 00:38:21,520 --> 00:38:26,560 Speaker 1: first before I act. And I've found that every single 653 00:38:26,600 --> 00:38:30,120 Speaker 1: time I'm able to act quicker and do something like 654 00:38:30,440 --> 00:38:35,640 Speaker 1: jump before looking. Sometimes I make mistakes, but it's like 655 00:38:35,680 --> 00:38:39,320 Speaker 1: those mistakes are the things that teach you even better 656 00:38:39,440 --> 00:38:42,120 Speaker 1: than all the book knowledge ever could have, that will 657 00:38:42,160 --> 00:38:45,440 Speaker 1: get you longer, farther in in the long run. And 658 00:38:45,480 --> 00:38:49,400 Speaker 1: so experience is so much more valuable than information, because 659 00:38:49,719 --> 00:38:51,960 Speaker 1: one little piece of experience will teach you more than 660 00:38:52,280 --> 00:38:55,879 Speaker 1: you know thousands of pieces of information will and it'll 661 00:38:55,880 --> 00:38:58,680 Speaker 1: actually be you. It'll be yours. You'll own it because 662 00:38:58,680 --> 00:39:02,040 Speaker 1: you made it, you deserve it, you created it. It's 663 00:39:02,080 --> 00:39:05,320 Speaker 1: embedded in you hadn't changed you. So experience is the 664 00:39:05,840 --> 00:39:08,279 Speaker 1: knowledge and the wisdom that you get from experience is 665 00:39:08,520 --> 00:39:12,720 Speaker 1: something that is far and beyond better than just looking 666 00:39:12,760 --> 00:39:20,120 Speaker 1: at other people's experience. Number eleven legacy over leisure. This 667 00:39:20,160 --> 00:39:24,520 Speaker 1: is similar to the strength overcomfort, but legacy is something 668 00:39:24,600 --> 00:39:29,960 Speaker 1: that I think people tend to and myself included. I 669 00:39:29,960 --> 00:39:33,719 Speaker 1: tend to think about it more and more as I 670 00:39:33,760 --> 00:39:36,399 Speaker 1: get older, but it's it's one of those things that 671 00:39:36,840 --> 00:39:39,160 Speaker 1: you realize then, oh, I should have started thinking about 672 00:39:39,200 --> 00:39:44,839 Speaker 1: this more earlier. Now I understand the struggle with this 673 00:39:44,880 --> 00:39:47,200 Speaker 1: because there are situations that many people are in where 674 00:39:47,239 --> 00:39:50,359 Speaker 1: it's like, I need to fix what's right in front 675 00:39:50,400 --> 00:39:52,760 Speaker 1: of me right now, and then I can start worrying 676 00:39:52,760 --> 00:39:56,360 Speaker 1: about something that's a lot further down the road. And 677 00:39:56,520 --> 00:40:00,920 Speaker 1: that's that's true. But the point the goal in the 678 00:40:01,000 --> 00:40:04,759 Speaker 1: long term, the biggest, most satisfying, meaningful thing you can do, 679 00:40:05,080 --> 00:40:09,000 Speaker 1: is the thing that is the most long term, and 680 00:40:09,080 --> 00:40:14,400 Speaker 1: therefore it means that by putting all of your effort 681 00:40:14,400 --> 00:40:16,680 Speaker 1: into solving the problem that is in front of you 682 00:40:16,719 --> 00:40:19,680 Speaker 1: that is preventing you from working on your legacy is 683 00:40:19,719 --> 00:40:22,759 Speaker 1: the most important thing, so that you can start to 684 00:40:22,800 --> 00:40:29,160 Speaker 1: work on your legacy. And so many times that looks like, hey, 685 00:40:29,600 --> 00:40:33,160 Speaker 1: there's some leisurely things that I've been focusing on that 686 00:40:33,239 --> 00:40:35,800 Speaker 1: I need to eliminate from my life right now because 687 00:40:35,800 --> 00:40:38,040 Speaker 1: I need to solve these problems that are in front 688 00:40:38,040 --> 00:40:40,719 Speaker 1: of me right now, and then I'll be able to 689 00:40:40,719 --> 00:40:43,080 Speaker 1: focus on the most meaningful thing in my life, my legacy. 690 00:40:43,880 --> 00:40:47,759 Speaker 1: And so there was a period of time for a 691 00:40:47,800 --> 00:40:50,960 Speaker 1: few years my wife and I didn't watch a single 692 00:40:51,000 --> 00:40:54,880 Speaker 1: ounce of TV, like literally every night we were reading. 693 00:40:55,000 --> 00:40:59,319 Speaker 1: I was doing some extra work, like just you know, 694 00:40:59,520 --> 00:41:04,080 Speaker 1: people say the classic entrepreneur doesn't want to work forty 695 00:41:04,080 --> 00:41:06,520 Speaker 1: hours a week for somebody else, and so they work 696 00:41:06,560 --> 00:41:11,040 Speaker 1: eighty hours a week for themselves. And and so there's 697 00:41:11,080 --> 00:41:15,120 Speaker 1: absolutely times in your life where I understand I've been there. 698 00:41:15,680 --> 00:41:18,799 Speaker 1: It's it's understandable. You have to fix the problem in 699 00:41:18,840 --> 00:41:20,560 Speaker 1: front of you, Like you have to get your bills paid, 700 00:41:20,960 --> 00:41:23,680 Speaker 1: you have to get something set up, you have to 701 00:41:23,719 --> 00:41:26,920 Speaker 1: fix the dead issue, you have to fix the house issue, 702 00:41:27,000 --> 00:41:29,560 Speaker 1: whatever it is in front of you. Got a problem, 703 00:41:29,640 --> 00:41:32,880 Speaker 1: So put all of your energy and focus into that 704 00:41:33,080 --> 00:41:36,040 Speaker 1: so that you don't have to focus on those problems anymore. 705 00:41:36,080 --> 00:41:37,680 Speaker 1: Because the more you focus on the leisure and the 706 00:41:37,719 --> 00:41:40,600 Speaker 1: more you let those problems fester, the less of a 707 00:41:40,680 --> 00:41:44,240 Speaker 1: chance you ever have to create a legacy for yourself 708 00:41:45,080 --> 00:41:49,600 Speaker 1: in your family. Number twelve. Competence over confidence is something 709 00:41:49,640 --> 00:41:53,319 Speaker 1: that I learned from Alex Hormozy. Confidence is something that 710 00:41:53,360 --> 00:41:55,040 Speaker 1: many people have said, Okay, you just you have to 711 00:41:55,040 --> 00:41:56,719 Speaker 1: be more confident that the people who are confident the 712 00:41:56,719 --> 00:42:00,400 Speaker 1: ones who succeed. And it's like there's an l of 713 00:42:00,920 --> 00:42:03,480 Speaker 1: the manifesting it and just focusing on it and like 714 00:42:04,480 --> 00:42:07,040 Speaker 1: mentally thinking about it and what you think about and 715 00:42:07,040 --> 00:42:09,520 Speaker 1: focus on will manifest itself in your life. And it's 716 00:42:09,520 --> 00:42:16,320 Speaker 1: like there's something missing from that equation, which is proof evidence. 717 00:42:16,960 --> 00:42:21,560 Speaker 1: So you cannot convince yourself to be confident in something 718 00:42:21,560 --> 00:42:25,680 Speaker 1: that you are not competent at. It's just not possible. 719 00:42:26,040 --> 00:42:30,920 Speaker 1: You cannot fool yourself unless you're a sociopath. You cannot 720 00:42:30,920 --> 00:42:34,960 Speaker 1: fool yourself into becoming confident at something that you do 721 00:42:35,040 --> 00:42:38,880 Speaker 1: not deserve to be confident at. And so the way 722 00:42:39,040 --> 00:42:43,960 Speaker 1: that you produce confidence, which confidence does produce good results. 723 00:42:44,440 --> 00:42:48,480 Speaker 1: The way that you become confident is by building up 724 00:42:48,520 --> 00:42:52,719 Speaker 1: evidence and giving yourself proof that you are competent at it, 725 00:42:53,280 --> 00:42:57,879 Speaker 1: and that will build your confidence automatically. And so when 726 00:42:57,880 --> 00:43:01,520 Speaker 1: I started my YouTube channel, I was terrible at it 727 00:43:01,640 --> 00:43:04,520 Speaker 1: and people told me that, and people were constantly telling me, Hey, 728 00:43:04,560 --> 00:43:06,399 Speaker 1: you need to do this. You need to have these 729 00:43:06,400 --> 00:43:08,040 Speaker 1: sound effects, and you have better lighting. You need to 730 00:43:08,040 --> 00:43:09,920 Speaker 1: say unless you need to do this, you need to 731 00:43:09,920 --> 00:43:14,759 Speaker 1: do that. And it's like, I understand, nobody is a 732 00:43:14,760 --> 00:43:18,600 Speaker 1: bigger critic of my work than I am. I know 733 00:43:18,719 --> 00:43:22,359 Speaker 1: everything that you've just said, and way more about what 734 00:43:22,400 --> 00:43:24,560 Speaker 1: my work needs to look like versus what it looks 735 00:43:24,560 --> 00:43:27,600 Speaker 1: like right now. So you have no place in my 736 00:43:27,680 --> 00:43:31,120 Speaker 1: life to speak into what I'm doing because number one, 737 00:43:31,200 --> 00:43:33,600 Speaker 1: you haven't done it, and number two, I haven't asked 738 00:43:33,640 --> 00:43:36,640 Speaker 1: you for your advice. So what I'm going to do 739 00:43:36,719 --> 00:43:43,200 Speaker 1: instead is keep on practicing and improving a little bit 740 00:43:43,280 --> 00:43:48,120 Speaker 1: as I can each time, and eventually I will get 741 00:43:48,160 --> 00:43:50,440 Speaker 1: to a point where I will look at the results. 742 00:43:50,520 --> 00:43:52,480 Speaker 1: I'll look at what I've built, I'll look at what 743 00:43:52,520 --> 00:43:55,320 Speaker 1: I've done, I'll look at the work that I create, 744 00:43:56,120 --> 00:44:00,600 Speaker 1: and I'll realize, oh, I'm good at this now. And 745 00:44:00,680 --> 00:44:04,239 Speaker 1: when you realize something that you've done, like you're good 746 00:44:04,239 --> 00:44:08,480 Speaker 1: at it now, that's what gives you confidence. So do 747 00:44:08,640 --> 00:44:13,400 Speaker 1: practice things enough to be able to become competent and 748 00:44:13,520 --> 00:44:16,520 Speaker 1: good at something that will give you the confidence that 749 00:44:16,600 --> 00:44:21,120 Speaker 1: you need to succeed at it. So seek competence, don't 750 00:44:21,160 --> 00:44:26,680 Speaker 1: seek confidence. Confidence is the byproduct of competence. And we've 751 00:44:26,719 --> 00:44:29,960 Speaker 1: already touched on now thirteen, which is practice over perfection. 752 00:44:30,040 --> 00:44:31,799 Speaker 1: In order to get competent at something, you have to 753 00:44:31,840 --> 00:44:34,959 Speaker 1: practice it. So a lot of people pursue perfection, which 754 00:44:35,040 --> 00:44:37,080 Speaker 1: is like, oh, I can't release this yet until I 755 00:44:37,120 --> 00:44:39,600 Speaker 1: perfect it. I'm like they say they're a perfectionist, but 756 00:44:39,640 --> 00:44:44,680 Speaker 1: it's like most people use perfectionism. They blame the blame perfectionism, 757 00:44:44,800 --> 00:44:46,560 Speaker 1: or they use it as a mask for the fear 758 00:44:46,560 --> 00:44:49,000 Speaker 1: of failing. So it's like, I don't want to release 759 00:44:49,040 --> 00:44:51,360 Speaker 1: this because I know it's bad. It's like, of course 760 00:44:51,560 --> 00:44:55,560 Speaker 1: it's bad because you're bad at it because you've never 761 00:44:55,640 --> 00:44:59,480 Speaker 1: done it before. It would be ridiculous to assume that 762 00:44:59,520 --> 00:45:02,439 Speaker 1: you could be good at something without doing it over 763 00:45:02,480 --> 00:45:05,440 Speaker 1: and over and over again and improving each time. And 764 00:45:05,480 --> 00:45:11,400 Speaker 1: so perfectionism is not an attainable goal. You cannot automatically 765 00:45:11,400 --> 00:45:15,520 Speaker 1: be perfect at something. And so any time you use 766 00:45:15,600 --> 00:45:19,520 Speaker 1: perfectionism as an excuse to not do something, like anytime 767 00:45:19,560 --> 00:45:21,400 Speaker 1: you say I'm not good enough at it as an 768 00:45:21,440 --> 00:45:24,640 Speaker 1: excuse to not do something, what you're really doing is 769 00:45:24,840 --> 00:45:27,600 Speaker 1: masking your fear of failure, because you think, if I 770 00:45:27,680 --> 00:45:29,879 Speaker 1: do something that's not good enough, then I'm going to fail. 771 00:45:29,920 --> 00:45:33,239 Speaker 1: So why even try well? If you don't try, you're 772 00:45:33,400 --> 00:45:35,840 Speaker 1: never going to succeed. So you're guaranteeing that you'll fail 773 00:45:36,080 --> 00:45:39,359 Speaker 1: by not trying, by not being bad, you're guaranteeing that 774 00:45:39,360 --> 00:45:41,719 Speaker 1: you'll fail. And so practice is the only thing that 775 00:45:41,719 --> 00:45:45,120 Speaker 1: can overcome that, by intentionally doing it badly over and 776 00:45:45,160 --> 00:45:47,040 Speaker 1: over and over and over again and trying to improve 777 00:45:47,080 --> 00:45:50,879 Speaker 1: little by little by little by little. Number fourteen, Risk 778 00:45:51,160 --> 00:45:57,440 Speaker 1: over safety. Any time that I have focused on safety 779 00:45:57,680 --> 00:46:05,719 Speaker 1: or security or comfort or yeah, safety, that is it's 780 00:46:05,760 --> 00:46:08,439 Speaker 1: like when you look at when you look at most 781 00:46:08,440 --> 00:46:11,440 Speaker 1: people's armor, like this is. You know, in the Bible 782 00:46:11,760 --> 00:46:14,840 Speaker 1: it talks about the armor of God, and there's a sword, 783 00:46:14,920 --> 00:46:19,000 Speaker 1: there's a shield, there's a breastplate, there's a helmet, there's 784 00:46:19,080 --> 00:46:24,080 Speaker 1: no armor on the back there's no back armor. And 785 00:46:24,120 --> 00:46:28,520 Speaker 1: that's because soldiers don't retreat, Soldiers don't turn around and run. 786 00:46:28,880 --> 00:46:33,400 Speaker 1: Soldiers advance and they take ground. And so the my 787 00:46:33,600 --> 00:46:37,960 Speaker 1: mental model there is any time you've built something and 788 00:46:38,000 --> 00:46:41,600 Speaker 1: then you get scared about losing something that you've created 789 00:46:41,960 --> 00:46:44,359 Speaker 1: and you turn around and spread your hands and try 790 00:46:44,360 --> 00:46:48,560 Speaker 1: and protect it, that is the death blow. That is 791 00:46:48,600 --> 00:46:50,719 Speaker 1: the point at which what you build will start to die, 792 00:46:50,760 --> 00:46:53,440 Speaker 1: because that is when you become vulnerable to attack. Instead 793 00:46:53,440 --> 00:46:56,359 Speaker 1: of moving forward, marching forward and continue to take ground 794 00:46:56,360 --> 00:47:00,280 Speaker 1: and continuing to attack, instead, you turn around and expose yourself, 795 00:47:00,400 --> 00:47:03,040 Speaker 1: become vulnerable because you're scared of losing what you've built. 796 00:47:03,160 --> 00:47:05,879 Speaker 1: And if you look at large organizations, you look at 797 00:47:07,800 --> 00:47:11,040 Speaker 1: you know, companies and innovators and people who done great things, 798 00:47:11,400 --> 00:47:14,360 Speaker 1: you can see this. The point at which they stall 799 00:47:14,400 --> 00:47:16,520 Speaker 1: out and the point at which they start to fail 800 00:47:16,520 --> 00:47:19,680 Speaker 1: and they peak and start to lose ground is when 801 00:47:19,719 --> 00:47:22,680 Speaker 1: they do turn around and try and protect what they've done. 802 00:47:22,880 --> 00:47:25,200 Speaker 1: Instead of, Hey, I've got no fear, I'm going to 803 00:47:25,280 --> 00:47:28,760 Speaker 1: continue to take risks and push forward and take ground. 804 00:47:28,920 --> 00:47:31,160 Speaker 1: And if I lose something that is you know that 805 00:47:31,200 --> 00:47:32,799 Speaker 1: I've created in the past, it's like, well, it was 806 00:47:32,800 --> 00:47:35,200 Speaker 1: time to lose it. Anyway, I'm going to continue to 807 00:47:35,239 --> 00:47:37,160 Speaker 1: take more ground and continue to make more things and 808 00:47:37,200 --> 00:47:40,120 Speaker 1: continue to make progress. So risk is far better to 809 00:47:40,200 --> 00:47:43,200 Speaker 1: pursue than safety, because even when you fail, the lessons 810 00:47:43,239 --> 00:47:45,520 Speaker 1: from that will give you more success in the future. 811 00:47:46,239 --> 00:47:49,880 Speaker 1: Last one, number fifteen, contrast over balance. A lot of 812 00:47:49,880 --> 00:47:54,200 Speaker 1: people seek work life balance. A lot of people seek 813 00:47:54,200 --> 00:47:57,000 Speaker 1: balance in things. But when you look at like an 814 00:47:57,040 --> 00:48:01,960 Speaker 1: object that is balancing, there's no motion. The only way 815 00:48:01,960 --> 00:48:03,600 Speaker 1: for like you look at you see those guys who 816 00:48:03,640 --> 00:48:05,640 Speaker 1: stack those rocks on the beach that are all crazy, 817 00:48:05,760 --> 00:48:07,719 Speaker 1: crazy shapes, and they stack them really high, and it's like, 818 00:48:07,800 --> 00:48:09,240 Speaker 1: how in the world could they get that to balance? 819 00:48:09,840 --> 00:48:12,480 Speaker 1: None of those rocks are moving. In fact, in order 820 00:48:12,520 --> 00:48:16,440 Speaker 1: to be balanced, they can't be moving. And anything that 821 00:48:16,520 --> 00:48:20,640 Speaker 1: doesn't have movement has no life. There is no life. 822 00:48:20,640 --> 00:48:24,520 Speaker 1: To say, anything that is alive is by definition moving, 823 00:48:24,560 --> 00:48:27,680 Speaker 1: there's movement, there's growth. There's another way to say that 824 00:48:27,760 --> 00:48:31,440 Speaker 1: is volatility. And so by seeking a life of perfect balance, 825 00:48:31,719 --> 00:48:36,800 Speaker 1: you're seeking a death trap for yourself. What most people 826 00:48:36,840 --> 00:48:39,440 Speaker 1: really want when they say work life balance, what they 827 00:48:39,520 --> 00:48:44,200 Speaker 1: really mean is I don't want to have to despise 828 00:48:44,560 --> 00:48:47,080 Speaker 1: one half of my life and use the other half 829 00:48:47,080 --> 00:48:49,600 Speaker 1: of my life as an escape from what I despise. 830 00:48:50,320 --> 00:48:55,120 Speaker 1: I understand that I've been there. I've been there where 831 00:48:55,120 --> 00:48:58,480 Speaker 1: you wake up in the morning, maybe not depressed, but 832 00:48:59,600 --> 00:49:03,440 Speaker 1: extremely upset that you have to wake up and go 833 00:49:03,520 --> 00:49:07,000 Speaker 1: do something all day that you desperately do not want 834 00:49:07,040 --> 00:49:12,359 Speaker 1: to do. I know what that feels like, and I 835 00:49:12,360 --> 00:49:15,440 Speaker 1: can tell you that balance is not the way out 836 00:49:15,480 --> 00:49:19,000 Speaker 1: of that. In fact, that many times is what most 837 00:49:19,040 --> 00:49:22,600 Speaker 1: people call work life balance. You work forty hours a 838 00:49:22,600 --> 00:49:25,279 Speaker 1: week at a job that you despise just to put 839 00:49:25,280 --> 00:49:29,560 Speaker 1: food on the table, and Friday nights are the best, 840 00:49:29,960 --> 00:49:32,920 Speaker 1: the best time in the of your life, because you 841 00:49:33,040 --> 00:49:35,000 Speaker 1: finally get a small break from doing what you don't 842 00:49:35,000 --> 00:49:37,799 Speaker 1: want to do anymore. And Sunday morning you start to 843 00:49:37,800 --> 00:49:40,440 Speaker 1: get depressed. And Sunday night is the worst of the 844 00:49:40,719 --> 00:49:44,000 Speaker 1: entire week. It's the worst. That's the lowest point because 845 00:49:44,000 --> 00:49:46,799 Speaker 1: you know right ahead of you is another five days 846 00:49:46,840 --> 00:49:51,200 Speaker 1: of torture. Balance is not the key. Contrast is the key. 847 00:49:51,520 --> 00:49:56,040 Speaker 1: Having extremes is the key. Having a lifestyle where it's like, 848 00:49:56,719 --> 00:49:58,839 Speaker 1: maybe I do have to work eighty hours a week, 849 00:49:58,880 --> 00:50:00,759 Speaker 1: but at least I get to do on something that 850 00:50:00,800 --> 00:50:03,120 Speaker 1: I love, and eventually the results of that of me 851 00:50:03,239 --> 00:50:05,880 Speaker 1: being able to work on something that I love to 852 00:50:05,920 --> 00:50:08,000 Speaker 1: the point where I can actually put in sixty or 853 00:50:08,000 --> 00:50:10,719 Speaker 1: eighty hours a week means that that's going to leap 854 00:50:10,719 --> 00:50:12,839 Speaker 1: froggy past a lot of people. And most people would 855 00:50:12,880 --> 00:50:16,160 Speaker 1: say that's not balanced, and it's not balanced. That's an extreme. 856 00:50:16,520 --> 00:50:20,680 Speaker 1: Maybe it's a season, but it's a contrast. It's an extreme, 857 00:50:22,239 --> 00:50:25,880 Speaker 1: and seeking contrast in your life is one thing that 858 00:50:25,920 --> 00:50:28,239 Speaker 1: will allow you to put a lot of emphasis and 859 00:50:28,280 --> 00:50:31,200 Speaker 1: focus on one area for maybe a short amount of 860 00:50:31,239 --> 00:50:34,200 Speaker 1: time or maybe a longer amount of time, in a 861 00:50:34,360 --> 00:50:37,120 Speaker 1: way that is very different than what most people think 862 00:50:37,160 --> 00:50:42,400 Speaker 1: about or think looks normal. But contrast is something that 863 00:50:42,520 --> 00:50:46,520 Speaker 1: gives breath, gives life when you have one extreme versus 864 00:50:46,520 --> 00:50:49,160 Speaker 1: another extreme, when you have a period of time of 865 00:50:49,280 --> 00:50:54,080 Speaker 1: intensity and then a period of time of relaxation. Contrast 866 00:50:54,360 --> 00:50:58,000 Speaker 1: is another way of saying that is volatility. That's the sign. 867 00:50:58,120 --> 00:51:02,680 Speaker 1: That's a sign of life. So I'm not saying contrast like, hey, 868 00:51:02,719 --> 00:51:04,239 Speaker 1: I hate this and then I go to something that 869 00:51:04,320 --> 00:51:08,800 Speaker 1: I love. I'm saying contrast over balance because most people 870 00:51:08,840 --> 00:51:15,440 Speaker 1: seek balance as a way to medicate themselves from a 871 00:51:15,520 --> 00:51:19,319 Speaker 1: life that they really do not like, and so contrast, 872 00:51:19,520 --> 00:51:22,480 Speaker 1: I have found to be a far more satisfying approach 873 00:51:22,840 --> 00:51:28,200 Speaker 1: rather than trying to achieve work life balance. Thank you 874 00:51:28,280 --> 00:51:32,440 Speaker 1: so much for listening. I know with podcasts you can't 875 00:51:33,320 --> 00:51:38,480 Speaker 1: can't comment on the podcasts, but this is something that 876 00:51:38,520 --> 00:51:41,280 Speaker 1: I have been thinking about for a long time and 877 00:51:41,760 --> 00:51:45,120 Speaker 1: developing this list over things that I've learned and practices 878 00:51:45,160 --> 00:51:48,920 Speaker 1: that I'm both trying to engage in more frequently in 879 00:51:48,960 --> 00:51:52,880 Speaker 1: my life, and then practices that I've I've developed and 880 00:51:53,000 --> 00:51:55,960 Speaker 1: really honed in on with my life, and they've all 881 00:51:55,960 --> 00:51:59,239 Speaker 1: served me very well, and I anticipate that as I 882 00:51:59,239 --> 00:52:01,640 Speaker 1: get better at all these that they'll serve me even 883 00:52:02,000 --> 00:52:04,800 Speaker 1: better in the future. Again, thank you so much for listening. 884 00:52:04,960 --> 00:52:07,080 Speaker 1: We will see you next week on another episode of 885 00:52:07,160 --> 00:52:08,360 Speaker 1: Financial Heresy.