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Speaker 1: Most people that are wealthy didn't get wealthy diversified. They

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Speaker 1: got there with one single focus, and they diversified as

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Speaker 1: a risk mitigation to not completely lose everything in three

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Speaker 1: or four years. You can build a million dollar business

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Speaker 1: offt ten dollars task.

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Speaker 2: You can do it.

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Speaker 1: If you want to build anything meaningful, it requires other people,

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Speaker 1: which means you're going to have to get.

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Speaker 2: Some time over here.

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Speaker 1: Today we're going to dive into the mindset and the

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Speaker 1: strategies to create true financial freedom, and we have a

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Speaker 1: powerhouse in the building to break it all down. My

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Speaker 1: guest is Dan Martel. Now he's just not any entrepreneur.

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Speaker 1: He's a multimillionaire investor, a coach of over one thousand founders.

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Speaker 1: Dan's investments have contributed to growth of over fifty startups

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Speaker 1: through his own Martel Ventures fund, supportfolio of companies generating

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Speaker 1: over one hundred million dollars in revenue, and his journey

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Speaker 1: from troubled beginnings to founding and exiting multiple tech companies

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Speaker 1: is nothing short of incredible. So today we're going to

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Speaker 1: break down his blueprint so you can steal it so

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Speaker 1: you can apply it to your own life. So if

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Speaker 1: you're serious about financial independence and ready to make your

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Speaker 1: money work for you.

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Speaker 2: Then you're in the right place.

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Speaker 1: I think of three different forms of capital. So you

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Speaker 1: have like financial capital, but then you have like mental capital,

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Speaker 1: like skills, and then like relationship capital. And so most

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Speaker 1: people are chasing the financial capital, not realizing it's a

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Speaker 1: byproduct of the skills and the relationships that I had.

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Speaker 1: That's such a good insight. If people think success is money,

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Speaker 1: I can prove that it's not because nobody would trade

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Speaker 1: their life right now for Warren Buffett. You wouldn't do it.

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Speaker 1: Why wouldn't you do it? Well? Because that best you

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Speaker 1: might give them five, seven, ten years. If someone would

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Speaker 1: give you a billion dollars and you would lose your

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Speaker 1: eyesight in your hearing, would you take that? You wouldn't

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Speaker 1: do it. Yeah, So right off the bat, that's just

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Speaker 1: proof that it's not about the money. What it's about

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Speaker 1: is a all right, Dan Martel, Hey Mark, thanks for

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Speaker 1: joining and Honor.

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Speaker 2: It's fun.

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Speaker 1: Like I was saying, Man, so many mutual friends and

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Speaker 1: some overlap on what we're talking about. So I'm super

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Speaker 1: excited to talk to you today, so appreciate your time.

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Speaker 1: Let's just jump right in and talk about your book,

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Speaker 1: and I think there's a lot of overlaps between you know,

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Speaker 1: what your book is about, what you talk about sort

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Speaker 1: of my world, which is more traditional investing. But ultimately

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Speaker 1: why right, we're trying to get to the same goal,

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Speaker 1: which is time. Time freedom. All economics is based on time.

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Speaker 2: That's the most scarce thing.

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Speaker 1: So when I think of your book, and maybe it's

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Speaker 1: just my mindset, but I think of it from like

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Speaker 1: an investing standpoint, Right, if I'm going to buy back

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Speaker 1: my time, then I'm investing into my time, which means

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Speaker 1: I get more back return, I get a higher return.

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Speaker 1: And I think about like a poor mentality versus a

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Speaker 1: wealthy mentality, So poor think always about spending time.

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Speaker 2: I'm spending my time doing this, and I'm spending my.

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Speaker 1: Money versus like a wealthy mentality. Is like I'm investing

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Speaker 1: to get more time back or investing to get more

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Speaker 1: money back. I'm curious, do you think about it from

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Speaker 1: that way in this book? Yeah? The way I like

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Speaker 1: to think about it is broke people spend time to

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Speaker 1: save money, and enrich people spend money to save time.

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Speaker 1: And you see it all the time. I mean, it's

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Speaker 1: actually quite interesting if you even break it up from

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Speaker 1: like broke people's spend money on distractions. I'd say middle

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Speaker 1: class people spend money on improving their credit score, and

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Speaker 1: then rich people spend money on things they're going to

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Speaker 1: make the money. Right, And if you're going to buy

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Speaker 1: back your time, then it means that that time you've

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Speaker 1: gotten back, hopefully you reinvest it in things that are

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Speaker 1: going to generate a better future for you, right. And

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Speaker 1: that's why I like a lot of people have heard

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Speaker 1: time because investing like going to the gym. You don't

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Speaker 1: like go to the gym once and wake up buff right,

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Speaker 1: Like you got to like be consistent, show up. I know,

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Speaker 1: and I think that's the same thing when you start

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Speaker 1: buying back your time. A lot of people they don't

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Speaker 1: see the results immediately and they don't have the faith

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Speaker 1: that over time that's actually a better trade. But you know,

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Speaker 1: and I'm a byproduct of twenty seven years of just

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Speaker 1: doing this, so I'm not that impressive. I've literally been

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Speaker 1: doing it that long. I just think of it as

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Speaker 1: every time I've hired somebody to buy back time to

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Speaker 1: then go not do anything productive with it, while it

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Speaker 1: usually slides backwards. I didn't get the trade I was

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Speaker 1: supposed to get. And anytime I've been deliberate about saying, Okay,

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Speaker 1: well this is what I want my life to look like,

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Speaker 1: and these are the things I need to achieve I have,

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Speaker 1: there's no way I can outwork to get there.

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Speaker 2: Right.

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Speaker 1: It's like, yeah, I like to tell people, like, you

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Speaker 1: can't build a million dollar business soft ten dollars tasks.

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Speaker 1: There's not enough hours in the week period full stop,

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Speaker 1: Like there's you just you can't do it. If you

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Speaker 1: want to build anything meaningful, it requires other people, which

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Speaker 1: means you're gonna have to get some time leverage. But

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Speaker 1: even like personal stuff, uh, food ordering tools or like,

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Speaker 1: you can out task things is what I like to

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Speaker 1: call it today in a world where that was impossible

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Speaker 1: back in the day. Literally apps on your phone where

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Speaker 1: you can just like pay people fractional costs to get

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Speaker 1: the time back to then go work on yourself, say

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Speaker 1: have better mental health, go make better investments for your time.

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Speaker 1: But that's that's always been how it works. It's just

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Speaker 1: nobody's ever really I think unpacked it from the lens

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Speaker 1: I have because of my software background. Yeah, you said

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Speaker 1: something really important in there, and I think it really

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Speaker 1: breaks down the distinction that we were making about the

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Speaker 1: investor or the wealthy mindset versus the poor mindset. And

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Speaker 1: you said, if I hire someone to buy back my time,

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Speaker 1: but I don't go reinvest that time, then it backsides

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Speaker 1: on me, I think, is what you say every time.

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Speaker 1: And so that's the difference of the mindset of the investor.

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Speaker 1: So I'm in if I'm investing, I'm buying back my time,

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Speaker 1: but then I have to go reinvest that time, and

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Speaker 1: it has to be something that gets a return. So here,

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Speaker 1: like I know, I know rich people that mess it up.

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Speaker 1: So this isn't even a broker poor person. So what

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Speaker 1: does a rich person messing it up look like? Well,

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Speaker 1: they're busy in their business. They let's say they're a

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Speaker 1: logo designer and they go hire another logo designer. Okay, well,

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Speaker 1: you if you're charging fifty bucks an hour and you're

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Speaker 1: gonna pay somebody else forty bucks an hour you bought

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Speaker 1: an hour back of your time, you're not making a

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Speaker 1: big return on that investment. So like you wouldn't buy

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Speaker 1: a million dollar real estate property to make you know,

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Speaker 1: two percent right, because the risk to reward ratio isn't

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Speaker 1: there a lot of people do that with their time.

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Speaker 1: My rule is four times ROI minimum. So if I'm

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Speaker 1: spending you know, twenty five dollars an hour to buy

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Speaker 1: back my time, I get to go find investments or

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Speaker 1: activities that are going to generate one hundred because then

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Speaker 1: I've got leverage, I've got margin because the truth is,

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Speaker 1: you're not going to be that efficient the first time

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Speaker 1: you do it, and if it does slide back, at

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Speaker 1: least you're still ahead. Yeah. So a lot of people

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Speaker 1: think they can just invest and buy back their time,

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Speaker 1: but then they don't reinvest the time, so they're not

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Speaker 1: actually making more money, no return, It's just an expense.

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Speaker 1: At that point, it literally sucks your profit out of

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Speaker 1: your life. I'm curious how you think about it. You know.

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Speaker 1: For me, I don't like doing like handyman products around

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Speaker 1: the house. I don't want to work on my own

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Speaker 1: dirt filth takea I have my mechanic pick it up

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Speaker 1: and do the service for me, you know, And I

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Speaker 1: think like, I mean, it's Saturday, I want to go

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Speaker 1: surfing with my kids. I could work on my dirt bike.

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Speaker 1: I'd rather not. So how do you think about valuing

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Speaker 1: that free time? So I just look at time as time,

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Speaker 1: and I break it into professional and personal, and then

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Speaker 1: I ask myself, it's kind of like think of like Tetris, right,

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Speaker 1: So we play Tetris, the blocks drop from the top.

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Speaker 1: Life you could say, a day, a week or whatever

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Speaker 1: is essentially a Tetris you know, playing field, and our

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Speaker 1: ability to take those blocks personal, professional and put them

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Speaker 1: in a structure that gets them so that if the

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Speaker 1: you know, that area is whatever size you get, it

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Speaker 1: is full with the most you know, optimal use of

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Speaker 1: your time. And the thing is is I'm also okay

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Speaker 1: sitting down on the couch with my wife and scrolling

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Speaker 1: on TikTok for an hour and a half, Like that's

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Speaker 1: also part of the the you know, the board game.

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Speaker 1: And I think people just don't think about their time

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Speaker 1: through that lens. So either they're working too much and

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Speaker 1: trying to be too efficient and then personal stuff falls

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Speaker 1: to the wayside, or they try to do balance, which

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Speaker 1: is not key. Nobody's done anything incredible, has had balance,

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Speaker 1: and they just don't consider like some people just buy

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Speaker 1: back their time in the professional world and not in

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Speaker 1: their personal So I look at it as just time.

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Speaker 1: So like free time, I just asked myself, what are

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Speaker 1: the what are the rhythms of life that I know

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Speaker 1: if I follow I'm going to feel good about my day,

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Speaker 1: my week, my month, my quarter, my year. So we

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Speaker 1: were talking about mountain bike in I have two mountain

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Speaker 1: bike trips every year. I've been doing them for four

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Speaker 1: or five years, and those are rhythms. I have snowboard trips.

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Speaker 1: I have vacations with my family. I have all these things.

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Speaker 1: I'll tell you what I don't want to be doing

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Speaker 1: is cleaning my garage, right, you know, doing doing mechanic

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Speaker 1: work on my toys, or even managing a portfolio of

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Speaker 1: assets like in my personal life. So I have a

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Speaker 1: house manager that deals with that. I have somebody that

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Speaker 1: is the CEO of our personal life. And people go,

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Speaker 1: what is what is a house manager? What does Betty do?

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Speaker 1: Managing passports, managing credit cards, managing vehicles, gas maintenance, washing

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Speaker 1: all real estate, all vehicles we have, we have toys, uh,

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Speaker 1: family staff, coordination, travel, et cetera. Everything personal is managed

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Speaker 1: by them. Why cause I all want to spend time

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Speaker 1: with my kids like one on one, dedicated doing stuff

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Speaker 1: they want to do. They don't want to wash, they

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Speaker 1: don't want to watch me wash my car, they want

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Speaker 1: me to go mountain biking with them, or they want

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Speaker 1: you know, I have my son here. Like every trip

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Speaker 1: I do, it goes. I alternate between my two boys,

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Speaker 1: so I get some solo time, they get to come

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Speaker 1: hang out. I don't want them to feel like they're

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Speaker 1: doing stuff that they don't. You know that I'm not

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Speaker 1: even interested in doing so. To me, personal time is

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Speaker 1: still part of the same bucket of time, and I

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Speaker 1: treat that hour as the same value. And if I

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Speaker 1: can spend some money to buy it back so I'm

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Speaker 1: not distracted, I'm not I'm not wasting that time, then

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Speaker 1: I one hundred percent will do it. Yeah.

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Speaker 2: Yeah, I love that.

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Speaker 1: And to your point earlier, with an age of technology

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Speaker 1: and apps and stuff, it's never been easier to automate

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Speaker 1: those tasks. I think about it. Sort of My productivity

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Speaker 1: guru is David Alley with the book Getting Things Done

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Speaker 1: is one of my.

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Speaker 2: Favorites c TV.

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Speaker 1: Yeah. I was twenty three and went to a seminar

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Speaker 1: in New York City. Yeah yeah, I've probably read it

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Speaker 1: like a dozen times. It's site so much my memory now.

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Speaker 1: So yeah, so because that's sort of what my my

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Speaker 1: framework is built off of but he said, he said

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Speaker 1: something that you know, you have to capture every idea

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Speaker 1: because you can't afford to have the same idea or

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Speaker 1: thought twice.

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Speaker 2: And so like I like to also think about.

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Speaker 1: Like for lunch every day, I can't afford to think

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Speaker 1: about what I want to have for lunch every day.

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Speaker 1: So just I have prepackers meals every day. Right, I

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Speaker 1: can't think about when I need to get my haircut.

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Speaker 1: So it's just like every time at the same month,

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Speaker 1: someone comes and does it, right, And so like freeing

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Speaker 1: up that mental space, it's also a buy back, right,

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Speaker 1: buying back that mental space, you can think about higher

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Speaker 1: value things, especially as we move into the creative world,

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Speaker 1: we really need to have that mental space a lot more.

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Speaker 1: I want to jump into a bunch of topics, but

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Speaker 1: let's just stick on this sort of investing thing for

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Speaker 1: a while. So, I mean, you're obviously a very accomplished entrepreneur,

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Speaker 1: but you're also an accomplished investor. So you have your Martels,

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Speaker 1: Martel Ventures, fifty plus startups, some notable ones Intercom you

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Speaker 1: to me, hoot Sweet, so some good companies there. When

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Speaker 1: you think about investing in these other companies, like what

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Speaker 1: kind of framework do you have?

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Speaker 2: Do you have like a deal.

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Speaker 1: Box like Warren Buffett talks about. I mean, do you

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Speaker 1: try to invest across a diverse set of industries. I'll

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Speaker 1: tell you how you lose your money as an investor.

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Speaker 1: And it's first off, thinking that you can spot the outliers.

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Speaker 1: So that's like the first thing is when I started

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Speaker 1: angel investing, specifically buying equity in other companies. I was

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Speaker 1: twenty six twenty seven when I started, and I thought,

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Speaker 1: meet the entrepreneur, great idea, I can spot a winner.

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Speaker 1: And then I would you know, I'd be like, how

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Speaker 1: much you need He's like quarter million, okay, how much

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Speaker 1: you need one hundred thousand okay? And I just I

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Speaker 1: my first dozen deals was Dan thinking that he has

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Speaker 1: the Midas touch, and I would put different amount of

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Speaker 1: capital in different companies because every situation was different. I

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Speaker 1: probably deployed almost two and a half million dollars in

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Speaker 1: three or four years when I started, and probably lost

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Speaker 1: seventy percent of it. The reason why is I didn't

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Speaker 1: understand portfolio theory. And I moved to San Francisco and

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Speaker 1: I'm twenty eight at the time, and I just sold

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Speaker 1: my company, so I had a bit of extra dry

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Speaker 1: powder and luckily I met a guy named Naval Raba

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Speaker 1: kon So Naval. Today everybody knows him for angel lists,

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Speaker 1: but back in the day, angelist was actually an email list.

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Speaker 1: It was like he was based on Craigslist. I was

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Speaker 1: where he got the inspiration and I was one of

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Speaker 1: the Canadian angel investors on there. That's how I got

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Speaker 1: in the Hootsuite deal and many others. And I remember

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Speaker 1: talking to Evolve because today you know early in Uber

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Speaker 1: Early and like you know, he's incredibly wealthy, incredibly smart.

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Speaker 1: A lot of people now I see him as a philosopher.

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Speaker 1: I have full of his theater. Yeah, he's just that guy.

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Speaker 1: But I asked him about this. I said, what's your

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Speaker 1: philosophy on investing? And this is what he said to me.

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Speaker 1: He says, there's a lot of different things. One, you

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Speaker 1: should have a thesis of some sort, like what is

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Speaker 1: the parameter of deals? You say, even a first meeting

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Speaker 1: or no to And then he said, two, you always

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Speaker 1: have to be investing over at least a four year

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Speaker 1: period because if not, then you're trying to time markets.

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Speaker 1: And then you want to be essentially dollar cost averaging

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Speaker 1: into private equity aka angel VC kind of as an

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Speaker 1: investment portfolio. And he said, the other thing is you

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Speaker 1: got to write the same check on everyone because if not,

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Speaker 1: then you're trying to pick winners.

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Speaker 2: And you can.

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Speaker 1: And he said, look, I've invested at that point, he

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Speaker 1: probably invested in seventy five companies.

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Speaker 2: He goes, I.

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Speaker 1: Can't tell you which ones work, I can tell you

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Speaker 1: the essence of the founder, And yes, I invest in

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Speaker 1: things where I'm inspired by the person's vision. I feel

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Speaker 1: like they have grit, I feel like they have product

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Speaker 1: market fit like, yes, all those things. But man, over

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Speaker 1: a five, seven, ten year period, which is how long

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Speaker 1: it takes to actually have an exit for most tech startups,

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Speaker 1: there's so much that could happen. So I would say

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Speaker 1: that's where I ended up on my angel investing is

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Speaker 1: I've decided an allocation. I find great portunities. The truth

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Speaker 1: is also just portfolio and opportunity. Like I used to

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Speaker 1: only invest in Eastern Canada because that's where I grew up. Well, unfortunately,

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Speaker 1: the best tech entrepreneurs are probably not going to be there.

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Speaker 1: You know, if you're going to invest in media, I

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Speaker 1: think LA's probably going to a higher pool of talent

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Speaker 1: than you know, Madison, Wisconsin, So choosing even the geography

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Speaker 1: you invest in. And then also do you have access

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Speaker 1: to proprietary pipeline? And that to me was you know

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Speaker 1: how I started doing better angel investments. Also, I started

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Speaker 1: Big Band where I buy software company, same thing, proprietary pipeline.

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Speaker 1: Now Martel Ventures where we co create same thing. I

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Speaker 1: have access to founders that nobody else does because of

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Speaker 1: my personal brand, and it's just the deal box. Yes,

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Speaker 1: every one of those asset classes and not really asset class,

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Speaker 1: but let's say revenue rhythms or like types of deals

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Speaker 1: I do. I have a criteria that because I also

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Speaker 1: have team members that helped me put these together, and

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Speaker 1: we review it through those lens. So we have essentially

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Speaker 1: a scorecard for each every bucket of come means if

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Speaker 1: I'm an angel investing versus buying, versus co creating, we

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Speaker 1: have a criteria that we've identified and we great everybody,

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Speaker 1: and we don't do anything. We don't move it forward

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Speaker 1: past kind of investment committee until they're like eighty you know,

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Speaker 1: eight out of ten qualified, and that's I'm a systems guy,

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Speaker 1: So to me, that just makes a lot of sense,

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Speaker 1: and I give all credit to Naval to teach me

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Speaker 1: that because part of that I lost most of my

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Speaker 1: money as an angel investor.

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Speaker 2: Yeah, it seems like the same familiar story.

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Speaker 1: Like most people who have a big exit all of

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Speaker 1: a sudden want to become this angel VC in size.

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Speaker 1: But hey, I'm successful. I guess I'm a king maker.

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Speaker 1: I can go like put money in and most likely.

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Speaker 2: It ends up pretty bad. That seems to be the story.

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Speaker 2: I'm curious.

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Speaker 1: You're overall investing theory and where the angel venture sits

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Speaker 1: inside of that. So you're obviously very successful, had multiple exits,

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Speaker 1: so you have money saved and then that's invested. I'm

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Speaker 1: curious how you think about that? Like in buckets, so like, hey,

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Speaker 1: a big chunk in just like SMP index because it's safe,

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Speaker 1: and then I have a bunch of cash flow real estate,

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Speaker 1: but then I have a little bit over here of

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Speaker 1: adventure or how do you think about that? I again,

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Speaker 1: I'm not getting I don't give people financial advice, so

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Speaker 1: I'm going to caveat with that. What works for me

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Speaker 1: is what works for me. I also don't care if

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Speaker 1: I had nothing, so I'm kind of a weird cat

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Speaker 1: where I'm incredibly blessed at the same time, none of

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Speaker 1: that I require. For Dan, Well, you're a mountain biker,

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Speaker 1: entrepreneur and a snowboarder. See, your risk tolerance is very Oh,

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Speaker 1: my risk tolerance is high, and I don't care about money.

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Speaker 1: So I'm kind of a weird cat because I don't.

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Speaker 1: I don't like, I know a guy that was so

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Speaker 1: poor all you had was money, And I think people

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Speaker 1: that measure themselves on personal net worth are completely flawed.

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Speaker 1: Now is that is that a tool to know if

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Speaker 1: you're creating more value? One hundred percent? Do I care

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Speaker 1: if I have money or not? I flew a out

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Speaker 1: of my plane, if I lost a plane tomorrow, I'm

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Speaker 1: not gonna I'm literally not gonna cry. I'm not even

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Speaker 1: feel boud. I'm gonna feel grateful that I had it

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Speaker 1: for the time I had, and I'm gonna get back

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Speaker 1: to doing what I did today. So my philosophy is

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Speaker 1: not if you use the lens of optimizing it for

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Speaker 1: risk adjusted best returns diversification. Zero part of what I'm

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Speaker 1: gonna say makes sense to anybody. First off, one of

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Speaker 1: my early mentors gave me some great advice said, making

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Speaker 1: money is easy, keeping.

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Speaker 2: It as hard.

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Speaker 1: So they've learned that. One yes, first time I had

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Speaker 1: a big payday when I sold my first company, half

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Speaker 1: of it went into low cost index fund Vanguard Bolt

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Speaker 1: like literally nothing exciting SMP five hundred. There's a portfolio

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Speaker 1: now that we manage, and I kind of do that

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Speaker 1: with every new trash of capital I get in half

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Speaker 1: goes to stuff that's low risk, and then the other

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Speaker 1: half I build.

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Speaker 2: I'm a builder.

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Speaker 1: I build, but I build machines that build machine. I

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Speaker 1: don't some people just put their money like the Angel stuff, right,

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Speaker 1: They're like, hey, what's your idea? Oh you're my friend, Bob,

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Speaker 1: Bob's my cousin. I'm going to invest in Bob's idea.

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Speaker 1: Hey when you got Mark? Okay, cool, complete CpG real

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Speaker 1: estate agency. Like there's no thesis. I only do B

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Speaker 1: to B SaaS okay, business a business, software as a service, period,

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Speaker 1: full stop. It's all I've ever done. It's what I know.

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Speaker 1: I have a disproportionate amount of information networking. When you

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Speaker 1: think of the four levels of luck and devolve, Ravikon's

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Speaker 1: concept on that and like Warren Buffett, like people talk

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Speaker 1: about diversification As you know, most people that are wealthy

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Speaker 1: didn't get wealthy diversified. They got there with one single

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Speaker 1: focus and they diversified as a risk mitigation to not

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Speaker 1: completely lose everything in three or four years. That's that bucket.

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Speaker 1: The fifty percent which is in the market, and what

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Speaker 1: I'm world class at is scaling software. So I own

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Speaker 1: the largest software CEO coaching organization called SAS Academy. I

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Speaker 1: have my angel investing stuff where I invest in incredibly

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Speaker 1: talented and growing as a VCA portfolio. I have my

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Speaker 1: big Band Software. We have one hundred million dollars hold code.

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Speaker 1: We buy a company every month software B to B SaaS.

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Speaker 1: And I've got Martell Ventures where I co create with

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Speaker 1: the CEOs that I coach that have exited that want

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Speaker 1: to do another business with me as a partner. We

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Speaker 1: co create businesses that we start with very little capital

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Speaker 1: that I own a large percentage of, using the media

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Speaker 1: company to get distribution. Yeah, it's not diversified. I don't

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Speaker 1: do real estate. I literally do two things. Put my

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Speaker 1: money in the market in low cost index funds because

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Speaker 1: I don't like paying people fees because they don't do

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Speaker 1: anything anyway. And I manage my portfolio and have an

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Speaker 1: incredible team where we do that. That's my strategy.

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Speaker 2: Yeah, of it.

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Speaker 1: It's it sounds complicated, but it's so not complicated because

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Speaker 1: my brother's a real estate guy. He has one he's

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Speaker 1: one of the largest home builders in the East Coast.

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Speaker 1: He does multi unit and all that stuff. If I

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Speaker 1: was going to do anything, it'd be with him, and

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Speaker 1: I did early in my career. But honestly, the whole

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Speaker 1: thing about passive income, it's so funny. Passive income. So

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Speaker 1: you talk to these real estate guys who's like, oh, yeah,

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Speaker 1: I have a real estate portfolio. It's passive. And then

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Speaker 1: I I walk in and I see a room of

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Speaker 1: eighteen people. Yeah, well, how passive can it be? What

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Speaker 1: are those eighteen people doing. Well, they're managing the property

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Speaker 1: managers and the deal they're looking for deals. And I

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Speaker 1: was like, well, no, it's not very passive. My index

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Speaker 1: funds are legit passive, but they're not gonna make me

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Speaker 1: the wealth that I want.

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Speaker 2: That's this machine.

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Speaker 1: So I have a wealth managed a wealth creation machine,

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Speaker 1: and I have a wealth preservation machine and those are

432
00:20:23,240 --> 00:20:24,200
Speaker 1: completely separate.

433
00:20:24,280 --> 00:20:25,480
Speaker 2: Yeah, that's great.

434
00:20:25,640 --> 00:20:27,920
Speaker 1: I kind of say the same thing. You can't invest

435
00:20:27,960 --> 00:20:29,199
Speaker 1: your way to wealth. You have to earn it, you

436
00:20:29,200 --> 00:20:31,720
Speaker 1: have to create it. And then I was just on

437
00:20:31,760 --> 00:20:33,159
Speaker 1: a coaching call before you got here, and I was

438
00:20:33,240 --> 00:20:36,480
Speaker 1: telling them that I think of my investments as savings.

439
00:20:36,560 --> 00:20:38,600
Speaker 1: So I save my money in real estate and I

440
00:20:38,600 --> 00:20:40,760
Speaker 1: save my money in bitcoin. That's where I saved most

441
00:20:40,760 --> 00:20:42,480
Speaker 1: of my money. And the reason why I call it

442
00:20:42,520 --> 00:20:45,480
Speaker 1: that is because then it's passive. It's there, it's just

443
00:20:45,560 --> 00:20:47,399
Speaker 1: park that's where it's going to be. But it's not

444
00:20:47,480 --> 00:20:50,199
Speaker 1: like active. Yeah, and and you're not looking for liquidity.

445
00:20:50,200 --> 00:20:52,280
Speaker 1: The other problem is sometimes people invest in things where

446
00:20:52,320 --> 00:20:54,040
Speaker 1: they need liquidity and then they burn themselves as they

447
00:20:54,080 --> 00:20:56,120
Speaker 1: pull the money out of the wrong times, right, And

448
00:20:56,280 --> 00:20:58,160
Speaker 1: I don't do that. I remember when my mentor told

449
00:20:58,160 --> 00:21:00,919
Speaker 1: me that. I said, half in like, you're not going

450
00:21:01,000 --> 00:21:03,520
Speaker 1: to use and it's the wealth creation side or the

451
00:21:03,520 --> 00:21:06,480
Speaker 1: wealth the wealth preservation side. He goes, that's your foundation.

452
00:21:06,880 --> 00:21:09,560
Speaker 1: This is where you go swing as hard as you want.

453
00:21:09,760 --> 00:21:12,120
Speaker 1: But guess what, there's a constraint because you are never

454
00:21:12,200 --> 00:21:14,720
Speaker 1: to use that capital. If that business is going to

455
00:21:14,760 --> 00:21:17,000
Speaker 1: die because you can't fund it, guess what, it dies.

456
00:21:17,320 --> 00:21:20,639
Speaker 1: You do not expose yourself to the other side. So

457
00:21:20,720 --> 00:21:24,720
Speaker 1: that's like, you know, I see Elon take all of

458
00:21:24,720 --> 00:21:26,919
Speaker 1: this personal net worth and put it into this company

459
00:21:26,960 --> 00:21:29,359
Speaker 1: that and I'm like, I wouldn't do that. Yeah, I

460
00:21:29,400 --> 00:21:31,159
Speaker 1: love that he's the kind of person that would do that,

461
00:21:31,920 --> 00:21:35,520
Speaker 1: but it's not my philosophy. Yeah, a small business owner,

462
00:21:35,640 --> 00:21:38,399
Speaker 1: are you buried in all types of work keeping you

463
00:21:38,440 --> 00:21:41,040
Speaker 1: from the real thing that makes you money? Well that's

464
00:21:41,040 --> 00:21:43,040
Speaker 1: where just Works comes in. They're the all in one

465
00:21:43,080 --> 00:21:45,320
Speaker 1: platform that supports small business growth.

466
00:21:45,480 --> 00:21:46,600
Speaker 2: You can get all.

467
00:21:46,480 --> 00:21:49,680
Speaker 1: Their tools that help with benefits like payroll and HR

468
00:21:49,800 --> 00:21:53,840
Speaker 1: and compliance with transparent pricing. Now they help you hire

469
00:21:53,880 --> 00:21:58,560
Speaker 1: top talent internationally, internew markets, quickly scale international operations without

470
00:21:58,560 --> 00:22:00,760
Speaker 1: the workload, and for every.

471
00:22:00,440 --> 00:22:01,639
Speaker 2: How do I do it? Question?

472
00:22:01,800 --> 00:22:04,160
Speaker 1: You can reach out to their expert staff from soul

473
00:22:04,240 --> 00:22:08,119
Speaker 1: proprietor or a team of twenty. Just Works empowers all

474
00:22:08,200 --> 00:22:11,960
Speaker 1: kinds of small businesses with real human support. So visit

475
00:22:12,160 --> 00:22:15,720
Speaker 1: justworks dot com slash podcast to join the thousands of

476
00:22:15,720 --> 00:22:19,639
Speaker 1: small businesses that trust just Works to take care of payroll, benefits,

477
00:22:19,800 --> 00:22:24,560
Speaker 1: compliance and more. Again, that's Justworks dot com slash podcast.

478
00:22:25,760 --> 00:22:26,840
Speaker 2: Well I love how you say.

479
00:22:26,880 --> 00:22:28,680
Speaker 1: I mean, you know what your philosophy is you stick

480
00:22:28,680 --> 00:22:30,320
Speaker 1: to that. You're a builder and you want to build,

481
00:22:30,359 --> 00:22:33,520
Speaker 1: and so I mean being a dirtbiker and a snowboarder.

482
00:22:33,840 --> 00:22:35,440
Speaker 1: I just see a mountain and I just want to

483
00:22:35,440 --> 00:22:37,159
Speaker 1: climb it one hundred percent. I don't know why, but

484
00:22:37,240 --> 00:22:38,879
Speaker 1: I just have this urge to climb. And I think

485
00:22:38,880 --> 00:22:42,200
Speaker 1: about businesses the same way. I'm trying to get this.

486
00:22:42,359 --> 00:22:44,239
Speaker 1: I have a contract on a big piece of land

487
00:22:44,280 --> 00:22:44,919
Speaker 1: down in Mexico.

488
00:22:44,960 --> 00:22:45,520
Speaker 2: I love Mexico.

489
00:22:45,520 --> 00:22:48,000
Speaker 1: I'm building in Mexico now and I want to build

490
00:22:48,000 --> 00:22:50,720
Speaker 1: this development down there. And I was telling my wife

491
00:22:50,760 --> 00:22:53,119
Speaker 1: the other day, It's like, I'll probably make way more

492
00:22:53,160 --> 00:22:55,440
Speaker 1: money just focusing on what I'm doing. But for some reason,

493
00:22:55,480 --> 00:22:57,680
Speaker 1: I just want to do that this and.

494
00:22:57,640 --> 00:22:59,000
Speaker 2: It's just a mountain for me. And it's not an

495
00:22:59,080 --> 00:22:59,560
Speaker 2: ROI thing.

496
00:22:59,800 --> 00:23:03,320
Speaker 1: This is what people don't understand. If I was optimizing

497
00:23:03,359 --> 00:23:05,840
Speaker 1: for money, that would be a good Like when people

498
00:23:05,880 --> 00:23:07,679
Speaker 1: give me advice. It's like I have one of my

499
00:23:07,720 --> 00:23:09,960
Speaker 1: pet peeves. I'm at the gym and I'm working out

500
00:23:10,359 --> 00:23:11,960
Speaker 1: and some guy comes up to me. They might know

501
00:23:12,040 --> 00:23:14,440
Speaker 1: me whatever, but I don't know them, and they start

502
00:23:14,480 --> 00:23:17,200
Speaker 1: spotting me. You know, you're doing curls and they walk

503
00:23:17,240 --> 00:23:20,000
Speaker 1: on next to you and they go three more, two more,

504
00:23:20,040 --> 00:23:22,399
Speaker 1: and you're sitting there headphones on. I'm like, why what

505
00:23:22,400 --> 00:23:24,040
Speaker 1: are you doing? And I look at them and I'm like,

506
00:23:24,800 --> 00:23:26,600
Speaker 1: I don't want to be rude, but I'm not taking

507
00:23:26,640 --> 00:23:30,359
Speaker 1: advice from somebody that's smaller than me. My coach, Allen

508
00:23:30,600 --> 00:23:32,320
Speaker 1: is a superman. I have be like, you know what

509
00:23:32,320 --> 00:23:34,560
Speaker 1: I mean, Like yeah, And it's the same thing with

510
00:23:34,640 --> 00:23:36,879
Speaker 1: the money. It's like, if you're trying to give me

511
00:23:36,960 --> 00:23:40,600
Speaker 1: advice to optimize returns, then you're flawed because you think

512
00:23:40,640 --> 00:23:44,200
Speaker 1: that's what I'm optimizing for. Where you're saying I'm optimizing

513
00:23:44,240 --> 00:23:46,680
Speaker 1: for exposure of creative projects to speak to my soul.

514
00:23:47,240 --> 00:23:48,840
Speaker 1: And at the end of the day, if you truly

515
00:23:48,880 --> 00:23:51,080
Speaker 1: believe that everything is a gift, and that's why we

516
00:23:51,119 --> 00:23:54,719
Speaker 1: call it the present, we've already won, Like Mark an

517
00:23:54,800 --> 00:23:58,080
Speaker 1: extra whatever million bucks is going to change your life

518
00:23:58,359 --> 00:24:02,320
Speaker 1: zero right then, And if it's not, to choose projects

519
00:24:02,320 --> 00:24:04,080
Speaker 1: that speak to our soul, that just sound fun and

520
00:24:04,080 --> 00:24:06,800
Speaker 1: expose us a new opportunities. Most of my angel investing,

521
00:24:07,160 --> 00:24:09,320
Speaker 1: one of the big criterias is will I learn something

522
00:24:09,359 --> 00:24:12,560
Speaker 1: from that founder? All things being equal, can this person

523
00:24:12,600 --> 00:24:15,320
Speaker 1: teach me new things because I value that over a

524
00:24:15,359 --> 00:24:17,960
Speaker 1: financial return. I love that, And that's going to take

525
00:24:17,960 --> 00:24:19,440
Speaker 1: me into my next topic I want to talk about.

526
00:24:19,480 --> 00:24:21,760
Speaker 1: But I would want to say I have a bitcoin

527
00:24:22,160 --> 00:24:25,280
Speaker 1: focused VC hedge fund and we invest through the bitcoin

528
00:24:25,320 --> 00:24:27,760
Speaker 1: ecosystems of companies that are building on and around Yeah,

529
00:24:27,800 --> 00:24:31,560
Speaker 1: on the blockchain, on bitcoin specifically, Okay, but that's very broad.

530
00:24:31,920 --> 00:24:36,080
Speaker 1: So there's energy companies, it's changing the grid infrastructure. For example,

531
00:24:36,080 --> 00:24:37,800
Speaker 1: we have this one deal that came through the day

532
00:24:37,800 --> 00:24:39,439
Speaker 1: where they're going to take trash and they're going to

533
00:24:39,440 --> 00:24:41,840
Speaker 1: turn the trash into energy. But it's like, I don't

534
00:24:41,840 --> 00:24:44,560
Speaker 1: know anything about the trash market. Does trash really need

535
00:24:44,600 --> 00:24:46,639
Speaker 1: to be burned for energy? Like, I don't know what

536
00:24:46,720 --> 00:24:48,240
Speaker 1: the demand of that, right, And all of a sudden,

537
00:24:48,240 --> 00:24:50,480
Speaker 1: I'm talking to my partners. I'm like, listen, we don't

538
00:24:50,520 --> 00:24:52,280
Speaker 1: know about this. We get the bitcoin side, but I

539
00:24:52,280 --> 00:24:53,200
Speaker 1: don't know about trash.

540
00:24:53,280 --> 00:24:54,879
Speaker 2: I don't know about energy. And so I.

541
00:24:56,640 --> 00:24:58,320
Speaker 1: Deal with that all the time, trying to stay with

542
00:24:58,440 --> 00:25:01,400
Speaker 1: where not only do I have some expertise, but am

543
00:25:01,400 --> 00:25:03,960
Speaker 1: I able to even affect and help that. Well, that's

544
00:25:04,000 --> 00:25:07,800
Speaker 1: how disproportionate returns have always worked, is when the person

545
00:25:07,920 --> 00:25:11,480
Speaker 1: investing like a bill ackman, like he just knows things,

546
00:25:11,560 --> 00:25:13,960
Speaker 1: like if he can get a board seat like the

547
00:25:14,359 --> 00:25:16,040
Speaker 1: like there's is That's why I have a problem with

548
00:25:16,040 --> 00:25:18,680
Speaker 1: old mutual fund industry because the only people getting rich

549
00:25:18,720 --> 00:25:21,679
Speaker 1: is the managers, right right, And like, you know, the

550
00:25:21,720 --> 00:25:24,119
Speaker 1: market did what it did, and you're giving points and

551
00:25:24,160 --> 00:25:26,480
Speaker 1: you're giving credit to a person to actively manage to

552
00:25:26,520 --> 00:25:29,000
Speaker 1: fund the numbers. Don't back out that thesis at all.

553
00:25:29,760 --> 00:25:32,000
Speaker 1: Yet it feels safe, it feels predictable. And the truth

554
00:25:32,080 --> 00:25:34,720
Speaker 1: is is the thing that you know better than anybody else.

555
00:25:34,880 --> 00:25:37,320
Speaker 1: Like that's what I actually think Warren Buffet's philosophy of Like,

556
00:25:37,520 --> 00:25:39,880
Speaker 1: if you're a customer of a product and you think

557
00:25:39,880 --> 00:25:42,760
Speaker 1: it's a diehard great product, like a dairy queen, like

558
00:25:42,760 --> 00:25:46,800
Speaker 1: a Coca Cola, you're better off buying the stock of

559
00:25:46,840 --> 00:25:49,320
Speaker 1: the companies that you spend your money with, so you

560
00:25:49,320 --> 00:25:51,560
Speaker 1: get a double whammy. You get the benefit of the product,

561
00:25:51,560 --> 00:25:53,720
Speaker 1: but you're also helping the company of the stock you own.

562
00:25:54,240 --> 00:25:58,320
Speaker 1: Right if you're trying to create some actively managed portfolio

563
00:25:58,320 --> 00:26:01,480
Speaker 1: of things, because maybe then you'll be paying attention to

564
00:26:01,520 --> 00:26:02,960
Speaker 1: the business more. You'll be you know, if you're a

565
00:26:03,000 --> 00:26:06,840
Speaker 1: tesla stock owner and a customer, and you notice their

566
00:26:06,840 --> 00:26:09,480
Speaker 1: product lines are starting to kind of go sideways because

567
00:26:09,520 --> 00:26:11,360
Speaker 1: you've been a customer for seven years and you don't

568
00:26:11,359 --> 00:26:13,600
Speaker 1: feel like they're innovating anymore. Then you can then you

569
00:26:13,640 --> 00:26:16,320
Speaker 1: have some insight into going maybe I don't want to

570
00:26:16,320 --> 00:26:20,080
Speaker 1: own this stock. I just think like people don't realize

571
00:26:20,119 --> 00:26:23,359
Speaker 1: that money's made when when you decide to go deep

572
00:26:23,359 --> 00:26:26,800
Speaker 1: and learn about something, and to do that it takes

573
00:26:26,840 --> 00:26:29,359
Speaker 1: a decade. Like, dude, it sounds like you've been in

574
00:26:29,359 --> 00:26:32,000
Speaker 1: bitcoin for a while, Like I don't. I don't have

575
00:26:32,119 --> 00:26:34,560
Speaker 1: the time to learn. I don't have the time to

576
00:26:34,680 --> 00:26:37,640
Speaker 1: learn what you forget every day, right, Like, think about

577
00:26:37,640 --> 00:26:40,000
Speaker 1: how much you probably just forget. I'm gonna it's gonna

578
00:26:40,000 --> 00:26:41,800
Speaker 1: take me longer to learn what you forget every day

579
00:26:41,840 --> 00:26:44,280
Speaker 1: than trying to learn it. So I just stick what

580
00:26:44,320 --> 00:26:46,680
Speaker 1: I do, like B to B SaaS I just came

581
00:26:46,680 --> 00:26:48,240
Speaker 1: out with the number one book in the space, Like

582
00:26:48,280 --> 00:26:50,600
Speaker 1: I do one thing, I'll do the rest of my life.

583
00:26:51,000 --> 00:26:55,040
Speaker 1: It feels awesome, exposes me to new opportunities, and it's

584
00:26:55,080 --> 00:26:57,200
Speaker 1: made me incredibly wealthy. And I just don't see a

585
00:26:57,240 --> 00:26:59,159
Speaker 1: world where that's not a good strategy. No, it's a

586
00:26:59,200 --> 00:27:02,639
Speaker 1: great strategy. You talked about a couple things that you

587
00:27:02,640 --> 00:27:05,159
Speaker 1: were thrown out there was making me think about like

588
00:27:05,200 --> 00:27:07,560
Speaker 1: three different I think of three different forms of capital.

589
00:27:07,640 --> 00:27:09,639
Speaker 1: So you have like financial capital, but then you have

590
00:27:09,680 --> 00:27:13,440
Speaker 1: like mental capital, like skills, and then like relationship capital.

591
00:27:13,840 --> 00:27:16,080
Speaker 1: And so most people are chasing the financial capital not

592
00:27:16,119 --> 00:27:19,120
Speaker 1: realizing it's a byproduct of the skills and the relationships

593
00:27:19,119 --> 00:27:21,520
Speaker 1: that I had. That's such a good insight, right, And

594
00:27:21,600 --> 00:27:24,280
Speaker 1: so if we spend time to invest in our relationships

595
00:27:24,280 --> 00:27:26,679
Speaker 1: and our skills, the money, the money comes. And you

596
00:27:26,720 --> 00:27:29,560
Speaker 1: had said just earlier that a lot of these deals

597
00:27:29,640 --> 00:27:31,440
Speaker 1: you get into with some of these founders, maybe it's

598
00:27:31,480 --> 00:27:33,280
Speaker 1: not even about the deal, but it's about working with

599
00:27:33,320 --> 00:27:33,720
Speaker 1: the founder.

600
00:27:33,720 --> 00:27:34,520
Speaker 2: What can I learn from this?

601
00:27:34,560 --> 00:27:37,199
Speaker 1: So I think about investing in relationships and skills in

602
00:27:37,240 --> 00:27:40,280
Speaker 1: that regard. So you said, let's go. I'm guessing that

603
00:27:40,280 --> 00:27:42,159
Speaker 1: sort of resonates export sort of how you look at

604
00:27:42,200 --> 00:27:46,080
Speaker 1: I mean, when you said the you said the entered

605
00:27:46,119 --> 00:27:50,440
Speaker 1: the mindset. You said skills, relationships, skills, and money. Yeah,

606
00:27:50,480 --> 00:27:52,919
Speaker 1: and then the money is a byproduct of the other two. Yeah,

607
00:27:53,080 --> 00:27:56,840
Speaker 1: it's I mean, it's one of those because there's a

608
00:27:56,840 --> 00:27:59,440
Speaker 1: lot of different capital because even on the skills side,

609
00:27:59,480 --> 00:28:02,880
Speaker 1: I would mindset. Mindset is energy, like you know, think

610
00:28:02,920 --> 00:28:03,520
Speaker 1: about health.

611
00:28:03,680 --> 00:28:03,960
Speaker 2: Right.

612
00:28:04,080 --> 00:28:05,480
Speaker 1: I was just talking to my friend on my plane

613
00:28:05,480 --> 00:28:08,080
Speaker 1: when we flew down here, because we were talking about

614
00:28:08,160 --> 00:28:10,800
Speaker 1: kids and titlement and like you know, when you have

615
00:28:10,840 --> 00:28:13,879
Speaker 1: an affluent life, you know, your kids sometimes have the

616
00:28:14,440 --> 00:28:16,359
Speaker 1: bad end of the stick, especially if they interact with

617
00:28:16,400 --> 00:28:18,119
Speaker 1: folks that don't understand it. They call them the rich

618
00:28:18,200 --> 00:28:21,239
Speaker 1: kids or whatever. And the truth is is, you know,

619
00:28:21,480 --> 00:28:24,480
Speaker 1: if people think success is money, I can prove that

620
00:28:24,560 --> 00:28:27,600
Speaker 1: it's not because nobody would trade their life right now

621
00:28:27,640 --> 00:28:30,639
Speaker 1: for Warren Buffett. Right, you wouldn't do it. Why wouldn't

622
00:28:30,680 --> 00:28:32,480
Speaker 1: you do it? Well? Because that best you might give

623
00:28:32,520 --> 00:28:37,199
Speaker 1: them five, seven, ten years. If someone would give you

624
00:28:37,240 --> 00:28:39,920
Speaker 1: a billion dollars and you would lose your eyesight in

625
00:28:39,920 --> 00:28:42,440
Speaker 1: your hearing, would you take that? You wouldn't do it? Yeah,

626
00:28:42,840 --> 00:28:44,800
Speaker 1: so I so right off the bat, that's just proof

627
00:28:44,840 --> 00:28:48,160
Speaker 1: that it's not about the money. What it's about is

628
00:28:48,200 --> 00:28:51,240
Speaker 1: a feeling. And the crazy part if people actually ask

629
00:28:51,320 --> 00:28:53,160
Speaker 1: themselves what would need to be true for you to

630
00:28:53,200 --> 00:28:57,240
Speaker 1: feel that? It's nothing it's a decision, it's a remapping

631
00:28:57,280 --> 00:29:01,640
Speaker 1: of your stories. So when you talk about these the relationships. Yes,

632
00:29:01,840 --> 00:29:05,320
Speaker 1: having incredible relationships, especially people that can solve big problems

633
00:29:05,320 --> 00:29:07,600
Speaker 1: for you very quickly. That's the way I think about

634
00:29:07,600 --> 00:29:11,280
Speaker 1: a lot of my like you know, strategic relationships. When

635
00:29:11,280 --> 00:29:13,080
Speaker 1: I look at my life and where I want to

636
00:29:13,120 --> 00:29:14,719
Speaker 1: go and what I need to learn and who has

637
00:29:14,760 --> 00:29:17,760
Speaker 1: that information? And you know, as I go on this journey,

638
00:29:17,760 --> 00:29:20,560
Speaker 1: I'm probably going to run into three, four or five problems.

639
00:29:20,720 --> 00:29:22,640
Speaker 1: Is there somebody's best in class in the world. Can

640
00:29:22,680 --> 00:29:24,840
Speaker 1: I start that relationship today so they'll take my call

641
00:29:24,880 --> 00:29:27,920
Speaker 1: when I call? Yes, all those things are true, But

642
00:29:27,960 --> 00:29:32,080
Speaker 1: I also look at my energy. I optimize, if anything,

643
00:29:32,120 --> 00:29:34,160
Speaker 1: by back your time, Yes, by back your time to

644
00:29:34,240 --> 00:29:37,719
Speaker 1: invest to be to get a better return. But at

645
00:29:37,760 --> 00:29:40,680
Speaker 1: a certain point, more money is not going to change

646
00:29:40,680 --> 00:29:45,280
Speaker 1: your situation better health, better energy. And we talk about relationships.

647
00:29:45,800 --> 00:29:48,440
Speaker 1: I have zero space in my life for anybody that

648
00:29:48,560 --> 00:29:51,240
Speaker 1: has a negative mindset, that complains, that talks about other

649
00:29:51,240 --> 00:29:55,080
Speaker 1: people that aren't responsible for themselves to blame it. Like

650
00:29:55,120 --> 00:29:58,360
Speaker 1: there's there's certain things that are on an energetic vibe

651
00:29:58,480 --> 00:30:01,960
Speaker 1: level that I think think people should spend more money

652
00:30:02,040 --> 00:30:04,680
Speaker 1: on that. And if that means moving cities, Mark, I'm

653
00:30:04,720 --> 00:30:06,640
Speaker 1: all for it too. If you live in a neighborhood

654
00:30:06,640 --> 00:30:09,160
Speaker 1: and it'say, oh yeah, but my cousin's not very positive.

655
00:30:09,160 --> 00:30:11,520
Speaker 1: My neighbors are kind of a pain in the butt. Yeah,

656
00:30:11,560 --> 00:30:14,480
Speaker 1: you're allowed to move, and countries you can move. Countries

657
00:30:14,520 --> 00:30:16,920
Speaker 1: you can, you can. I think that's actually a more

658
00:30:16,960 --> 00:30:21,920
Speaker 1: interesting investment in many ways, the energetic side, the health side,

659
00:30:21,960 --> 00:30:24,600
Speaker 1: and that's yes, skills and relationships are also part of it.

660
00:30:25,520 --> 00:30:28,720
Speaker 1: But even the relationship stuff like well, I don't know

661
00:30:28,800 --> 00:30:31,040
Speaker 1: people like that. Okay, we'll spend some money. Mark. Do

662
00:30:31,040 --> 00:30:34,600
Speaker 1: you have a community people can join? Yeah, yeah, okay, perfect.

663
00:30:34,600 --> 00:30:36,760
Speaker 1: People should listening. This should go. I should invest in

664
00:30:36,800 --> 00:30:38,800
Speaker 1: that so I get around other people. Because here's what

665
00:30:38,840 --> 00:30:41,560
Speaker 1: I've learned is and it can be through back in

666
00:30:41,560 --> 00:30:44,440
Speaker 1: the day. Let's call it the golf membership, the golf club,

667
00:30:44,520 --> 00:30:46,360
Speaker 1: the private golf clubs. I never I'm not a golfer,

668
00:30:46,400 --> 00:30:48,000
Speaker 1: but you know, there's places where you can pay to

669
00:30:48,040 --> 00:30:52,440
Speaker 1: be part of a community. Those people are typically folks

670
00:30:52,480 --> 00:30:55,040
Speaker 1: that are gonna vibe with the same energy that you have.

671
00:30:55,400 --> 00:30:57,520
Speaker 1: And the price is not the price because of what

672
00:30:57,520 --> 00:31:00,960
Speaker 1: it's worth as costs. It's it's there as a filter

673
00:31:01,600 --> 00:31:03,840
Speaker 1: whether you like that or not. It's no different than

674
00:31:03,920 --> 00:31:05,720
Speaker 1: a certain city or a country. If you want to

675
00:31:05,760 --> 00:31:08,640
Speaker 1: live in a certain city, a certain country, a certain neighborhood,

676
00:31:10,240 --> 00:31:14,480
Speaker 1: that dollar amount that you have to create creates the

677
00:31:14,560 --> 00:31:17,720
Speaker 1: investment in your energy. And then you want to talk

678
00:31:17,760 --> 00:31:21,360
Speaker 1: about access to people, relationship, skill acquisition. I mean you

679
00:31:21,400 --> 00:31:24,160
Speaker 1: can live next to a neighbor that One of the

680
00:31:24,200 --> 00:31:26,480
Speaker 1: person people I've learned the most from is a guy

681
00:31:26,560 --> 00:31:30,120
Speaker 1: that plays is the dad of a soccer player that

682
00:31:30,160 --> 00:31:33,000
Speaker 1: my son plays soccer with, and we go on soccer tournaments.

683
00:31:33,040 --> 00:31:35,720
Speaker 1: We hang out and he teaches me about stuff that

684
00:31:35,760 --> 00:31:37,920
Speaker 1: I'm like, man, he has no idea. I would pay

685
00:31:37,920 --> 00:31:39,520
Speaker 1: one hundred grand just to talk to him every year

686
00:31:40,000 --> 00:31:42,160
Speaker 1: because it's but it's just what we do because our

687
00:31:42,240 --> 00:31:45,320
Speaker 1: kids play soccer together. And I just think people don't

688
00:31:46,040 --> 00:31:48,680
Speaker 1: really they'll like invest in their business, no problem, you

689
00:31:48,800 --> 00:31:51,080
Speaker 1: hire people, Okay, I got that one, No problem. They'll

690
00:31:51,080 --> 00:31:53,160
Speaker 1: invest in the health, We'll get a trainer, no problem.

691
00:31:53,680 --> 00:31:55,960
Speaker 1: I don't think they think about their environment, or their

692
00:31:56,120 --> 00:31:57,000
Speaker 1: energy or the.

693
00:31:58,600 --> 00:32:01,200
Speaker 2: Headspace. Yeah, for sure.

694
00:32:01,320 --> 00:32:02,880
Speaker 1: I want to take a second, just real quick, to

695
00:32:02,920 --> 00:32:06,640
Speaker 1: just give you a reminder. The reminder is take control

696
00:32:06,840 --> 00:32:09,480
Speaker 1: of your bitcoin. Look for the first time in history,

697
00:32:09,480 --> 00:32:12,480
Speaker 1: we have a way to preserve our property, take custody

698
00:32:12,480 --> 00:32:14,560
Speaker 1: of our property, and protect it with no cost.

699
00:32:14,760 --> 00:32:16,200
Speaker 2: You can't do that with gold, you can't do it

700
00:32:16,240 --> 00:32:17,360
Speaker 2: with your stocks.

701
00:32:17,120 --> 00:32:18,959
Speaker 1: And so we can do it with bitcoin, and you

702
00:32:19,000 --> 00:32:21,360
Speaker 1: should now don't store it on an app on your

703
00:32:21,400 --> 00:32:23,520
Speaker 1: phone that can get hacked. What you want to do

704
00:32:23,600 --> 00:32:27,160
Speaker 1: is use a hardware device something like this Treasure right here.

705
00:32:27,280 --> 00:32:29,720
Speaker 1: So basically your private key sits here. When you want

706
00:32:29,720 --> 00:32:31,840
Speaker 1: to do a transaction, you plug it into your computer,

707
00:32:32,000 --> 00:32:34,239
Speaker 1: sign the transaction. When you're done, you unplug it and

708
00:32:34,280 --> 00:32:36,520
Speaker 1: put it back into your safe. I've used Treasure for now,

709
00:32:36,560 --> 00:32:38,360
Speaker 1: I don't know six seven years, because I think it's

710
00:32:38,360 --> 00:32:40,480
Speaker 1: the easiest one to use. I've tried I think pretty

711
00:32:40,520 --> 00:32:43,280
Speaker 1: much all of them. And it's also open source, so

712
00:32:43,400 --> 00:32:46,920
Speaker 1: you can trust the code. And again it's easy. Why easy,

713
00:32:46,920 --> 00:32:49,240
Speaker 1: Because if it's too complex, it makes me think of

714
00:32:49,320 --> 00:32:51,760
Speaker 1: how many potential holes and risk there could be, not

715
00:32:51,880 --> 00:32:53,920
Speaker 1: just in the device itself, but even in my own

716
00:32:53,960 --> 00:32:56,280
Speaker 1: ability to secure it. So I want something fast, I

717
00:32:56,320 --> 00:32:58,440
Speaker 1: want something easy, and I want something safe.

718
00:32:58,440 --> 00:33:01,520
Speaker 2: That's why I use Treasure. And if you don't use Treasure.

719
00:33:01,280 --> 00:33:05,040
Speaker 1: Use something Please get your bitcoin off the exchange, use

720
00:33:05,040 --> 00:33:07,760
Speaker 1: a hardware device to secure your private key, and if

721
00:33:07,760 --> 00:33:09,400
Speaker 1: you like treasure, check out the link down below.

722
00:33:09,840 --> 00:33:11,040
Speaker 2: I got a first hand glimpse of that.

723
00:33:11,080 --> 00:33:13,600
Speaker 1: I've always lived right here at the beach, and my

724
00:33:13,720 --> 00:33:15,720
Speaker 1: kids grew up surfing and going to school and playing sports,

725
00:33:15,760 --> 00:33:17,480
Speaker 1: and so all my friends we do that and we

726
00:33:17,560 --> 00:33:19,760
Speaker 1: talk about barbecues and going to the beach and things

727
00:33:19,760 --> 00:33:22,360
Speaker 1: like that. In twenty twenty one, California was trying to

728
00:33:22,360 --> 00:33:24,520
Speaker 1: compete with maybe Canada for being how strict they could

729
00:33:24,520 --> 00:33:24,959
Speaker 1: be independent.

730
00:33:25,040 --> 00:33:27,000
Speaker 2: Yeah, they were like, we're out of here.

731
00:33:27,160 --> 00:33:30,800
Speaker 1: We went to Puerto Rico and moving to a new environment,

732
00:33:30,840 --> 00:33:32,720
Speaker 1: I had to meet new people, and then I was

733
00:33:32,760 --> 00:33:35,200
Speaker 1: able to choose the people as opposed to them sort

734
00:33:35,200 --> 00:33:37,480
Speaker 1: of being legacy friends. And all of a sudden I

735
00:33:37,520 --> 00:33:40,200
Speaker 1: met these people. My daughter's like Mark, dad, dad. These

736
00:33:40,200 --> 00:33:42,280
Speaker 1: guys are nerds, you know, and they kind of work

737
00:33:42,320 --> 00:33:44,240
Speaker 1: because they weren't my surfer friends, right, but they were

738
00:33:44,240 --> 00:33:46,120
Speaker 1: like really smart and intelligent. I learned so much from him,

739
00:33:46,120 --> 00:33:48,000
Speaker 1: and all of a sudden, I was like, I had

740
00:33:48,000 --> 00:33:50,560
Speaker 1: this epiphany, like maybe people should move because it gives

741
00:33:50,600 --> 00:33:53,440
Speaker 1: you a chance to meet new people. Coming out of

742
00:33:53,480 --> 00:33:55,360
Speaker 1: your shell, and I'm like, I'm sure those people are also.

743
00:33:55,480 --> 00:33:57,520
Speaker 1: I mean, I'm in southern California. There's plenty of wealthy

744
00:33:57,520 --> 00:34:01,040
Speaker 1: people here. But I haven't left that environ I've moved

745
00:34:01,080 --> 00:34:03,600
Speaker 1: every six years my whole life. Oh really, every six years.

746
00:34:04,720 --> 00:34:08,120
Speaker 1: I might have towns, well you said cities, full on cities, Yeah,

747
00:34:08,160 --> 00:34:10,239
Speaker 1: even countries. I lived in the States for a long time.

748
00:34:10,280 --> 00:34:13,320
Speaker 1: My wife and I, you know, probably in the next

749
00:34:13,680 --> 00:34:16,839
Speaker 1: two years, will probably make another move. Yeah, I just

750
00:34:17,160 --> 00:34:19,560
Speaker 1: I like the opportunity to pull out a blank piece

751
00:34:19,560 --> 00:34:21,600
Speaker 1: of paper. Because you talked about the legacy friends, It's

752
00:34:21,600 --> 00:34:25,680
Speaker 1: actually a beautiful language. I like that language. It's the default,

753
00:34:25,719 --> 00:34:28,279
Speaker 1: not designed. You know, sometimes we're friends with people not

754
00:34:28,360 --> 00:34:30,320
Speaker 1: because we chose them, but because it was a default

755
00:34:30,400 --> 00:34:32,839
Speaker 1: response to somebody sat next to us twenty six years

756
00:34:32,880 --> 00:34:33,960
Speaker 1: ago in a class.

757
00:34:34,120 --> 00:34:34,480
Speaker 2: Exactly.

758
00:34:34,520 --> 00:34:36,719
Speaker 1: How crazy is that? Why am I still friends with

759
00:34:36,760 --> 00:34:38,840
Speaker 1: somebody on Facebook that if I saw them in the

760
00:34:38,880 --> 00:34:41,560
Speaker 1: mall today, I'd pretend like I didn't see them, And

761
00:34:41,640 --> 00:34:45,120
Speaker 1: yet that person's post affects my mood, my headspace, my focus.

762
00:34:45,280 --> 00:34:46,640
Speaker 2: Oh that's that's heavy, dude.

763
00:34:46,719 --> 00:34:49,000
Speaker 1: I use my feed to feed my mind, and I

764
00:34:49,120 --> 00:34:51,919
Speaker 1: protect that and I have no problem using the mute

765
00:34:51,920 --> 00:34:54,720
Speaker 1: button or the unfollow button. And the idea of moving

766
00:34:54,800 --> 00:34:56,719
Speaker 1: to a new city for me, and it always been

767
00:34:56,719 --> 00:34:59,480
Speaker 1: this way is an opportunity to just reset. It's like

768
00:35:00,000 --> 00:35:01,880
Speaker 1: you've probably had some friends that have gone to divorces

769
00:35:02,280 --> 00:35:04,640
Speaker 1: and they're in like this massive, like tail spin of

770
00:35:04,719 --> 00:35:06,560
Speaker 1: depression and like what is my life going to mean?

771
00:35:06,600 --> 00:35:08,360
Speaker 1: And I get I I not that I'm not sad

772
00:35:08,400 --> 00:35:10,760
Speaker 1: for them, especially if they have kids involved. I'm also

773
00:35:10,800 --> 00:35:13,360
Speaker 1: really excited because you now get to pull out a

774
00:35:13,400 --> 00:35:15,160
Speaker 1: piece of paper. I always think of printer paper. Most

775
00:35:15,160 --> 00:35:16,680
Speaker 1: people don't have printers anymore. But you go grab a

776
00:35:16,680 --> 00:35:18,640
Speaker 1: printer paper and you put on the table and you go, Okay,

777
00:35:18,680 --> 00:35:20,640
Speaker 1: what do you want to look like? Like, what do

778
00:35:20,680 --> 00:35:23,640
Speaker 1: you mean? I go, whatever you want. You're you just

779
00:35:23,840 --> 00:35:25,920
Speaker 1: broke up and are in you know, you're in this

780
00:35:26,080 --> 00:35:29,759
Speaker 1: divorce and you can choose to move to Italy. You

781
00:35:29,800 --> 00:35:32,200
Speaker 1: can choose to sell your business, start a new thing.

782
00:35:32,239 --> 00:35:34,279
Speaker 1: You can choose you can choose to go travel the

783
00:35:34,320 --> 00:35:36,560
Speaker 1: world for a year and and nobody's gonna judge you

784
00:35:36,560 --> 00:35:38,919
Speaker 1: for it because you're kind of like, hey, he's going

785
00:35:38,960 --> 00:35:43,279
Speaker 1: through something, I say go through it. Use that as

786
00:35:43,360 --> 00:35:45,759
Speaker 1: like a drawing board of like what do you want

787
00:35:45,800 --> 00:35:47,960
Speaker 1: to look like? Go live in New York for six months?

788
00:35:48,280 --> 00:35:51,279
Speaker 1: Who knows what you'll discover? But grow through it, don't

789
00:35:51,360 --> 00:35:54,080
Speaker 1: just go through it. And moving cities for me is

790
00:35:54,719 --> 00:35:59,600
Speaker 1: it's kind of like an expansion reaction. It's like, you know,

791
00:35:59,640 --> 00:36:02,120
Speaker 1: you land summers, you really don't know anybody. It's like, Okay,

792
00:36:03,040 --> 00:36:04,680
Speaker 1: who do I want to know? What are they? What

793
00:36:04,719 --> 00:36:07,160
Speaker 1: are what is the best neighborhood to live in this city?

794
00:36:07,440 --> 00:36:09,520
Speaker 1: What are the activities? And what are who are the

795
00:36:09,560 --> 00:36:12,799
Speaker 1: potentially new friends right season lifetime or a reason? Like

796
00:36:12,880 --> 00:36:14,600
Speaker 1: sometimes these people are going to come into our life

797
00:36:14,600 --> 00:36:16,600
Speaker 1: to teach us stuff. I don't. I think it's the

798
00:36:16,640 --> 00:36:19,640
Speaker 1: neatest thing. Yeah, it's a reset, like you said, and

799
00:36:19,800 --> 00:36:24,160
Speaker 1: and building into relationships. Being a content creator on that

800
00:36:24,239 --> 00:36:26,040
Speaker 1: side has opened up a lot of doors for me.

801
00:36:26,120 --> 00:36:29,040
Speaker 1: I was I was at a barbecue at Michael Saylor's

802
00:36:29,080 --> 00:36:30,520
Speaker 1: house and I got to sit down with the ball

803
00:36:30,680 --> 00:36:32,479
Speaker 1: for a while and just talk to him Like that.

804
00:36:32,400 --> 00:36:32,959
Speaker 2: Was really cool.

805
00:36:33,440 --> 00:36:35,600
Speaker 1: And really, when I think about going in speaking, it's

806
00:36:35,600 --> 00:36:37,319
Speaker 1: like my videos are geting hundreds of thousands of views,

807
00:36:37,320 --> 00:36:39,840
Speaker 1: why don't go speak to two thousand people. But this

808
00:36:40,000 --> 00:36:42,920
Speaker 1: is the part that people don't realize. It's the ROI

809
00:36:43,239 --> 00:36:46,120
Speaker 1: of the other speakers or organizers that are there. It's

810
00:36:46,120 --> 00:36:50,359
Speaker 1: the speaker dinner, the speaker dinner, right, and so it's like, uh, now,

811
00:36:50,440 --> 00:36:53,960
Speaker 1: there's so much of that, the traveling and things like that. Man,

812
00:36:54,040 --> 00:36:56,439
Speaker 1: I really wanted to talk to you about scaling Team

813
00:36:56,520 --> 00:36:59,080
Speaker 1: Martel Media because that's something that I'm kind of going through,

814
00:36:59,080 --> 00:37:01,200
Speaker 1: but we don't have time to into that. So let's

815
00:37:01,200 --> 00:37:02,680
Speaker 1: get into the next topic what I want to really

816
00:37:02,719 --> 00:37:04,440
Speaker 1: talk about, which is the legacy piece, because I really

817
00:37:04,480 --> 00:37:07,080
Speaker 1: wanted to get to that. You're a family guy. You have,

818
00:37:07,160 --> 00:37:08,759
Speaker 1: like you said, your kids with you. I've been married

819
00:37:08,760 --> 00:37:10,880
Speaker 1: twenty two years. I got my kids, Like I love that,

820
00:37:11,280 --> 00:37:13,359
Speaker 1: and that's kind of where I'm thinking. I was just

821
00:37:13,680 --> 00:37:15,320
Speaker 1: I told you, I just filmed the show right in

822
00:37:15,400 --> 00:37:17,480
Speaker 1: Dirtbikes in Mexico, and then I went to Sydney. I

823
00:37:17,520 --> 00:37:19,600
Speaker 1: spoke at this event called cheat Code, and so I

824
00:37:19,600 --> 00:37:21,839
Speaker 1: gave a talk about the cheat code in life, and

825
00:37:22,080 --> 00:37:24,240
Speaker 1: I talked about how sort of the game is rigged

826
00:37:24,239 --> 00:37:26,840
Speaker 1: against you, taxes, inflation, and debt, and it's meant to

827
00:37:26,880 --> 00:37:28,960
Speaker 1: kind of keep you in the system, but you can

828
00:37:28,960 --> 00:37:31,279
Speaker 1: get out of the system. And what I said is,

829
00:37:31,600 --> 00:37:33,840
Speaker 1: I'm sure you know the hero's two journey. You know

830
00:37:33,880 --> 00:37:35,920
Speaker 1: the template that you tell a story on, right, the

831
00:37:35,960 --> 00:37:38,319
Speaker 1: two journeys is that when the hero achieves what they

832
00:37:38,360 --> 00:37:40,560
Speaker 1: think they wanted, they realized that's not what they wanted

833
00:37:40,560 --> 00:37:40,879
Speaker 1: all along.

834
00:37:40,880 --> 00:37:41,760
Speaker 2: There was something different.

835
00:37:42,000 --> 00:37:43,960
Speaker 1: And so I said that the real cheat code is

836
00:37:44,000 --> 00:37:45,759
Speaker 1: realizing that once you break out of that and you

837
00:37:45,800 --> 00:37:48,160
Speaker 1: get the money, it wasn't the money that you wanted.

838
00:37:48,200 --> 00:37:48,920
Speaker 2: It was an illusion.

839
00:37:48,960 --> 00:37:50,560
Speaker 1: And really what we want is we want to provide

840
00:37:50,640 --> 00:37:52,520
Speaker 1: value to the world. That's really what we want. That's

841
00:37:52,520 --> 00:37:55,560
Speaker 1: where we get the fulfillment from. Yeah, and so that's

842
00:37:55,600 --> 00:37:57,799
Speaker 1: what I think about the legacy piece. And so you

843
00:37:57,880 --> 00:38:00,920
Speaker 1: mentioned like blockchain, I think of sort of my life.

844
00:38:01,280 --> 00:38:04,479
Speaker 1: So bitcoin uses a proof of work, you know, consensus making.

845
00:38:04,640 --> 00:38:06,719
Speaker 1: So like whatever I do in this world is my

846
00:38:06,800 --> 00:38:09,080
Speaker 1: proof of my work that I was here, and then

847
00:38:09,200 --> 00:38:11,759
Speaker 1: my life is one block and then hopefully those come

848
00:38:11,800 --> 00:38:13,840
Speaker 1: after me and my kids are the next block and the

849
00:38:13,880 --> 00:38:16,520
Speaker 1: next block. So I'm thinking about pushing value into the future.

850
00:38:17,560 --> 00:38:19,880
Speaker 1: We talked quickly before we recording about a book of

851
00:38:19,960 --> 00:38:23,200
Speaker 1: Diewa zero. But like the Fiat monetary system is a

852
00:38:23,239 --> 00:38:27,359
Speaker 1: debt based system, So debt is pulling value, stealing value

853
00:38:27,360 --> 00:38:29,319
Speaker 1: from the future, and I want to push value into

854
00:38:29,360 --> 00:38:32,560
Speaker 1: the future, into my kids and my hopefully future generations.

855
00:38:33,880 --> 00:38:36,920
Speaker 1: So one talking about that with your kids, how do

856
00:38:37,000 --> 00:38:40,279
Speaker 1: you think through generational wealth? A lot of people think

857
00:38:40,280 --> 00:38:42,319
Speaker 1: today that it's bad to give your kids something because

858
00:38:42,320 --> 00:38:46,640
Speaker 1: then you'll disadvantage them. I think that maybe what that's

859
00:38:46,719 --> 00:38:48,840
Speaker 1: disadvantage if you don't train them properly. But if we

860
00:38:48,840 --> 00:38:50,520
Speaker 1: train them, probably why wouldn't I want them to have

861
00:38:50,560 --> 00:38:52,640
Speaker 1: a higher pedestal than I had? So how do you

862
00:38:52,680 --> 00:38:55,600
Speaker 1: think about the generational wealth that's on that level? I

863
00:38:55,640 --> 00:38:58,600
Speaker 1: think what I'm going to share is nuanced, and I

864
00:38:58,680 --> 00:39:02,239
Speaker 1: understand that anytime you share an idea, the words used

865
00:39:02,280 --> 00:39:05,239
Speaker 1: to communicate the idea have to be understood by both

866
00:39:05,239 --> 00:39:07,279
Speaker 1: parties for it to actually land the way you wanted to.

867
00:39:07,400 --> 00:39:10,080
Speaker 1: So I say that as a caveat knowing that some

868
00:39:10,120 --> 00:39:13,160
Speaker 1: people misunderstand what I'm saying, and I'm okay with that.

869
00:39:13,840 --> 00:39:15,360
Speaker 1: I'm always available if you want to message me on

870
00:39:15,440 --> 00:39:19,239
Speaker 1: Instagram or whatever, We'll have that chat. But I was

871
00:39:19,280 --> 00:39:22,680
Speaker 1: the same way I started. I mean, Mike, life is

872
00:39:22,719 --> 00:39:25,920
Speaker 1: this arc of like building to prove to other people

873
00:39:26,000 --> 00:39:28,919
Speaker 1: that I was worthy. Funny part is is I didn't

874
00:39:28,920 --> 00:39:31,879
Speaker 1: even like those people, right, that's crazy. Then I got

875
00:39:31,880 --> 00:39:33,759
Speaker 1: to a place financially that I thought, once I got

876
00:39:33,760 --> 00:39:38,480
Speaker 1: to i'd feel this bliss, you know, the thing would

877
00:39:38,560 --> 00:39:41,120
Speaker 1: you know, the skies would part in, the trumpets would trumpet,

878
00:39:41,120 --> 00:39:44,719
Speaker 1: and I would just feel absolutely complete. Never happened. Turned out,

879
00:39:45,440 --> 00:39:48,160
Speaker 1: then I went on this journey of impact, which you know,

880
00:39:48,280 --> 00:39:50,759
Speaker 1: for me, I grew up in really challenging environment, so

881
00:39:50,880 --> 00:39:53,680
Speaker 1: troubled youth, at risk, youth youth programs, et cetera. So

882
00:39:53,840 --> 00:39:58,240
Speaker 1: I did that, and then I had kids. And here's

883
00:39:58,320 --> 00:40:01,880
Speaker 1: where I've gotten to because I think legacy can sometimes

884
00:40:01,920 --> 00:40:05,359
Speaker 1: be used as much as a crutch to drive decisions

885
00:40:05,440 --> 00:40:09,520
Speaker 1: as wealth. And personally, I believe as a person of

886
00:40:09,520 --> 00:40:12,480
Speaker 1: faith that I'm here to do two things. And if

887
00:40:12,520 --> 00:40:14,640
Speaker 1: you understand those two things, and everything else might make

888
00:40:14,680 --> 00:40:18,520
Speaker 1: sense or not, it's cool. One is God created me

889
00:40:18,520 --> 00:40:21,640
Speaker 1: in his image and he had a purpose for who

890
00:40:21,680 --> 00:40:25,000
Speaker 1: I could become. And in many ways I like to

891
00:40:25,040 --> 00:40:27,839
Speaker 1: say to people, and I heard this quote. I don't

892
00:40:27,880 --> 00:40:30,719
Speaker 1: know who said it, but it's you know, you want

893
00:40:30,760 --> 00:40:33,360
Speaker 1: to become the person you needed most in your darkest days.

894
00:40:33,960 --> 00:40:37,280
Speaker 1: And I knew in my darkest days I wasn't listening

895
00:40:37,320 --> 00:40:40,239
Speaker 1: to anybody, So for me to think of who that

896
00:40:40,280 --> 00:40:45,800
Speaker 1: person would have to be, I'm talking energetically, physically appearanced success, language,

897
00:40:45,840 --> 00:40:51,200
Speaker 1: the ability to break through to a fourteen fifteen year

898
00:40:51,239 --> 00:40:55,120
Speaker 1: old Dan. I hope someday I become that person. But

899
00:40:55,160 --> 00:40:59,120
Speaker 1: that person would almost have to be godlike, Okay, So

900
00:40:59,200 --> 00:41:01,160
Speaker 1: I wake up every day to try to be that

901
00:41:01,760 --> 00:41:04,880
Speaker 1: and I believe that. And I love your word fulfillment

902
00:41:05,120 --> 00:41:08,960
Speaker 1: because happiness is a fleeting moment. Fulfillment is an experience

903
00:41:09,520 --> 00:41:12,880
Speaker 1: for me. A life of fulfillment is getting to a

904
00:41:12,880 --> 00:41:15,959
Speaker 1: place where everything I learned that works for me teach

905
00:41:16,000 --> 00:41:18,879
Speaker 1: it to other people. And we've been doing this since

906
00:41:18,960 --> 00:41:21,959
Speaker 1: humans were humans, because that's why we have kids. Every

907
00:41:22,000 --> 00:41:24,160
Speaker 1: human that has kids says to themselves, I want to

908
00:41:24,200 --> 00:41:26,640
Speaker 1: create a better future than the one I experience. Hence,

909
00:41:27,000 --> 00:41:29,000
Speaker 1: we try to create a better situation for ourselves so

910
00:41:29,040 --> 00:41:32,040
Speaker 1: that we have more resources in an environment to support

911
00:41:32,040 --> 00:41:35,359
Speaker 1: our children. I just think people don't realize that it's

912
00:41:35,400 --> 00:41:39,080
Speaker 1: bigger than just their kids, or their family, or their community,

913
00:41:39,200 --> 00:41:41,480
Speaker 1: or their church or their CrossFit gym, or their city,

914
00:41:41,600 --> 00:41:43,960
Speaker 1: or their or their Today we live in this beautiful

915
00:41:44,000 --> 00:41:47,160
Speaker 1: world where with the help of the device that we

916
00:41:47,200 --> 00:41:50,120
Speaker 1: all have in our back pockets, we can share the

917
00:41:50,160 --> 00:41:53,319
Speaker 1: things that work best for us with the world. So

918
00:41:53,680 --> 00:41:55,719
Speaker 1: my philosophy is to wake up every day to be

919
00:41:55,760 --> 00:41:58,640
Speaker 1: the best version of myself, and anything that works for me,

920
00:41:58,680 --> 00:42:00,800
Speaker 1: I'm going to share it with the world, share myself

921
00:42:00,800 --> 00:42:04,120
Speaker 1: with the world. And I've gotten away from legacy for

922
00:42:04,239 --> 00:42:07,640
Speaker 1: my kids. And here's why. People somebody asked me yesterday,

923
00:42:07,640 --> 00:42:09,040
Speaker 1: Actually they go, Dan, are you going to leave your

924
00:42:09,080 --> 00:42:11,560
Speaker 1: kids any money? And the answer is no, they don't

925
00:42:11,560 --> 00:42:13,279
Speaker 1: need me to leave the money. They need me to

926
00:42:13,280 --> 00:42:15,919
Speaker 1: teach them their lessons, which is what you said. And

927
00:42:16,280 --> 00:42:19,240
Speaker 1: some people wouldn't you want them to have more resources

928
00:42:19,640 --> 00:42:23,120
Speaker 1: to do more and have legacy financially. I understand. It's

929
00:42:23,160 --> 00:42:24,520
Speaker 1: just like I'm a big fan of the fact that

930
00:42:24,560 --> 00:42:27,720
Speaker 1: I grew up in a country that has free medical Right,

931
00:42:27,840 --> 00:42:29,719
Speaker 1: let's just put all the other crap to the side

932
00:42:29,719 --> 00:42:32,319
Speaker 1: on the political system, but I do have and the

933
00:42:32,400 --> 00:42:34,680
Speaker 1: quality of the medical system, we won't judge that too much.

934
00:42:34,760 --> 00:42:37,759
Speaker 1: But you know, like when you're born into a country,

935
00:42:38,000 --> 00:42:41,120
Speaker 1: there's benefits just like if you're born into a family,

936
00:42:41,480 --> 00:42:44,600
Speaker 1: there's benefits. But at the same time, you know, Buffett says,

937
00:42:44,640 --> 00:42:46,440
Speaker 1: he says, I'm going to leave them some money so

938
00:42:46,520 --> 00:42:49,839
Speaker 1: they can do anything, but not so much that they

939
00:42:49,840 --> 00:42:53,520
Speaker 1: can do nothing. I just personally decided that I'm not

940
00:42:53,640 --> 00:42:59,200
Speaker 1: optimizing for the traditional definition of legacy. My definition of

941
00:42:59,200 --> 00:43:01,240
Speaker 1: what I'm trying to do is just those two things.

942
00:43:01,760 --> 00:43:04,640
Speaker 1: So I would much rather overinvest in. And you asked

943
00:43:04,640 --> 00:43:07,360
Speaker 1: about the media briefly, and to understand me, now you

944
00:43:07,480 --> 00:43:09,720
Speaker 1: understand why media is such a It is a decision.

945
00:43:09,760 --> 00:43:12,520
Speaker 1: It wasn't a financial decision. It was if my goal

946
00:43:12,600 --> 00:43:14,560
Speaker 1: is to become the best version of myself. It turns

947
00:43:14,560 --> 00:43:19,480
Speaker 1: out if you create content that work actually does more

948
00:43:19,520 --> 00:43:20,080
Speaker 1: work on you.

949
00:43:20,400 --> 00:43:20,680
Speaker 2: Yeah.

950
00:43:20,719 --> 00:43:23,160
Speaker 1: Like that's the crazy part. If anybody, if anybody wants

951
00:43:23,280 --> 00:43:25,560
Speaker 1: like a fast track to therapy, go start talking to

952
00:43:25,600 --> 00:43:27,960
Speaker 1: your phone. Yeah, because I will tell you will confront

953
00:43:28,000 --> 00:43:30,480
Speaker 1: your demons, all of them. The insecurity. I don't like

954
00:43:30,520 --> 00:43:32,719
Speaker 1: my voice. I didn't say anything smart. Nobody's watching my stuff.

955
00:43:32,760 --> 00:43:35,560
Speaker 1: Why is this person leaving a negative comment that work

956
00:43:35,600 --> 00:43:38,680
Speaker 1: will work on you more than the work is. And

957
00:43:40,200 --> 00:43:43,200
Speaker 1: also I also know that at the end of the day.

958
00:43:43,800 --> 00:43:47,160
Speaker 1: If I over optimize me personally for legacy, I'm doing

959
00:43:47,200 --> 00:43:49,399
Speaker 1: it for this future that I won't even experience. It

960
00:43:49,400 --> 00:43:51,479
Speaker 1: doesn't matter. So if I am going to leave people money,

961
00:43:51,480 --> 00:43:53,080
Speaker 1: I'd rather give it to them at the right time.

962
00:43:53,120 --> 00:43:55,000
Speaker 1: And if you look statistically, the best time to give

963
00:43:55,040 --> 00:43:58,600
Speaker 1: somebody money for your kids, it's between twenty seven and

964
00:43:58,719 --> 00:44:02,160
Speaker 1: thirty four years of eight. Money deployed to your kids

965
00:44:02,160 --> 00:44:03,359
Speaker 1: when you died at one hundred, they're eighty.

966
00:44:03,360 --> 00:44:03,800
Speaker 2: Well, good as a do.

967
00:44:03,960 --> 00:44:05,600
Speaker 1: That's what I call my dad. After I learned this,

968
00:44:05,600 --> 00:44:07,239
Speaker 1: I said, are you going to leave my sister any money?

969
00:44:07,239 --> 00:44:08,640
Speaker 1: He goes, probably, I said you should give it to

970
00:44:08,680 --> 00:44:12,160
Speaker 1: her now, Yeah, he goes. Why I go because anything

971
00:44:12,440 --> 00:44:15,200
Speaker 1: that you give her when she's literally seventy five is

972
00:44:15,200 --> 00:44:17,040
Speaker 1: going to have zero impact on her life. We're talking

973
00:44:17,080 --> 00:44:20,040
Speaker 1: one hundred grand. Yet right now she's struggling. Maybe she

974
00:44:20,080 --> 00:44:22,480
Speaker 1: has a mortgage payoff, she's got her student or her

975
00:44:22,560 --> 00:44:26,080
Speaker 1: kids a student school stuff she's stressing about. That's actually,

976
00:44:26,560 --> 00:44:29,600
Speaker 1: you know, talk about compound returns. Better to do it

977
00:44:29,640 --> 00:44:32,960
Speaker 1: early now than later. So when I started thinking about that,

978
00:44:33,840 --> 00:44:36,000
Speaker 1: and that's why we talked about Bill Perkins book died

979
00:44:36,040 --> 00:44:38,640
Speaker 1: with zero and He makes a lot of strong arguments,

980
00:44:38,640 --> 00:44:41,680
Speaker 1: so again I can't paraphrase his book in thirteen seconds,

981
00:44:41,719 --> 00:44:46,480
Speaker 1: but essentially net fulfillment over net worth. The goal of

982
00:44:46,840 --> 00:44:49,640
Speaker 1: life for him and I tend to agree is create

983
00:44:49,680 --> 00:44:53,200
Speaker 1: as much value for the world financially up to a

984
00:44:53,239 --> 00:44:56,520
Speaker 1: point where you feel that over time you have the

985
00:44:56,600 --> 00:44:59,839
Speaker 1: ability to deploy it to people while you're here, because

986
00:44:59,840 --> 00:45:01,839
Speaker 1: I think if you give money to people when you're

987
00:45:01,840 --> 00:45:08,319
Speaker 1: not here, is it really your choice? And then have

988
00:45:08,400 --> 00:45:12,080
Speaker 1: as much fun. Yeah, and that's if you understand now

989
00:45:12,120 --> 00:45:14,520
Speaker 1: that you hear that, that's why you see me, you know,

990
00:45:14,840 --> 00:45:18,120
Speaker 1: not only try to build the empire and the business side,

991
00:45:18,120 --> 00:45:21,960
Speaker 1: but also, you know, be totally cool doing the family

992
00:45:22,000 --> 00:45:24,400
Speaker 1: stuff and travel the world stuff and the extreme sports

993
00:45:24,400 --> 00:45:27,520
Speaker 1: stuff and the media stuff because I'm just trying to

994
00:45:27,520 --> 00:45:30,160
Speaker 1: be the best version of myself and my legacy hopefully

995
00:45:30,160 --> 00:45:32,520
Speaker 1: will be whatever that leads to the world. And if

996
00:45:32,560 --> 00:45:34,520
Speaker 1: it's nothing, that's cool too, because I don't need anything

997
00:45:35,120 --> 00:45:37,520
Speaker 1: for any like That's that's the other thing. I don't

998
00:45:37,560 --> 00:45:41,320
Speaker 1: need anything to feel enough. Well, I think there's to

999
00:45:41,560 --> 00:45:43,479
Speaker 1: the point that you made before you started going into

1000
00:45:43,480 --> 00:45:45,040
Speaker 1: that was that there's a lot of nuance to that

1001
00:45:45,440 --> 00:45:48,680
Speaker 1: and so I already referenced that there's money, but there's

1002
00:45:48,800 --> 00:45:52,120
Speaker 1: relationships and skills and so really when you think about legacy,

1003
00:45:52,160 --> 00:45:54,680
Speaker 1: it's really those three forms of capital. And so for

1004
00:45:54,880 --> 00:45:56,839
Speaker 1: my kids, and I want to talk about your King's

1005
00:45:56,880 --> 00:45:59,400
Speaker 1: Club as well, but for your kids, giving them the education.

1006
00:45:59,520 --> 00:46:04,040
Speaker 1: Like my oldest daughter, she's not going to college, but

1007
00:46:04,080 --> 00:46:05,719
Speaker 1: she's going to like this trade school to get a

1008
00:46:05,719 --> 00:46:08,799
Speaker 1: holistic health coaching certification. She wants to be a all

1009
00:46:08,880 --> 00:46:10,959
Speaker 1: one health coach and was help people with health. And

1010
00:46:11,600 --> 00:46:13,160
Speaker 1: both of my kids are really into that. And like

1011
00:46:13,280 --> 00:46:15,080
Speaker 1: you know, people that are fat and out of shape

1012
00:46:15,120 --> 00:46:17,399
Speaker 1: typically unfortunately have kids that are fat and out of shape.

1013
00:46:17,400 --> 00:46:18,879
Speaker 1: And I was just thinking, one of the greatest gifts

1014
00:46:18,880 --> 00:46:20,719
Speaker 1: I could give my kids was the gift of health.

1015
00:46:21,160 --> 00:46:23,280
Speaker 1: So both my daughters were super into sports and health

1016
00:46:23,360 --> 00:46:25,680
Speaker 1: and nutrition and all those things. And so that's that

1017
00:46:25,800 --> 00:46:28,720
Speaker 1: legacy piece, the education piece. So the legacy the education

1018
00:46:28,880 --> 00:46:31,560
Speaker 1: of how to make money, how to provide value. I mean,

1019
00:46:31,600 --> 00:46:34,520
Speaker 1: that's just as good. What if you didn't well, what

1020
00:46:34,560 --> 00:46:36,400
Speaker 1: if you didn't I mean, but like, how would you

1021
00:46:36,440 --> 00:46:40,000
Speaker 1: feel if you didn't well? I mean, hopefully, if I'm

1022
00:46:40,160 --> 00:46:43,000
Speaker 1: living the life, then they're learning it whether I sit

1023
00:46:43,040 --> 00:46:46,400
Speaker 1: down and teach them the lessons anyway. So that's I

1024
00:46:46,400 --> 00:46:49,719
Speaker 1: guess that's the conversation that you know, if we had

1025
00:46:49,719 --> 00:46:51,279
Speaker 1: more time, I would just be curious, and not that

1026
00:46:51,320 --> 00:46:51,680
Speaker 1: it's bad.

1027
00:46:51,719 --> 00:46:54,160
Speaker 2: It's just if you didn't give your kids the education.

1028
00:46:54,600 --> 00:46:58,239
Speaker 1: What if what if your kids just were what they were?

1029
00:46:58,840 --> 00:47:01,680
Speaker 1: You know what I mean? Because you know the extreme.

1030
00:47:01,760 --> 00:47:03,759
Speaker 1: Let's think a parent that like their kid has to

1031
00:47:03,800 --> 00:47:06,799
Speaker 1: go to Pepperdine. If not, they feel like the worst

1032
00:47:06,840 --> 00:47:08,759
Speaker 1: parents in the world, right, and the kid doesn't want

1033
00:47:08,760 --> 00:47:11,359
Speaker 1: to go to Pepperdine, But they're like, if my kid

1034
00:47:11,480 --> 00:47:13,839
Speaker 1: was super fat and out of shape and had diabetes,

1035
00:47:13,880 --> 00:47:16,799
Speaker 1: I might feel like a pretty bad parent exactly. But

1036
00:47:17,440 --> 00:47:19,719
Speaker 1: is that your fault?

1037
00:47:20,080 --> 00:47:21,839
Speaker 2: I would say, so. I think.

1038
00:47:22,480 --> 00:47:24,560
Speaker 1: I mean, once a person becomes an adult, they also

1039
00:47:24,560 --> 00:47:25,520
Speaker 1: gotta be responsible to.

1040
00:47:25,560 --> 00:47:26,160
Speaker 2: Be as an adult.

1041
00:47:26,400 --> 00:47:27,960
Speaker 1: Yeah, but if you just woke up every day and

1042
00:47:27,960 --> 00:47:29,600
Speaker 1: tried to be the best example, and for whatever reason,

1043
00:47:29,640 --> 00:47:32,040
Speaker 1: they didn't pick that up and they got fat, That's

1044
00:47:32,080 --> 00:47:35,319
Speaker 1: that's like the part where I I I questioned the

1045
00:47:35,480 --> 00:47:40,080
Speaker 1: drive for legacy around what am I? What am I

1046
00:47:40,120 --> 00:47:43,080
Speaker 1: trying to feel? And can I get to a place

1047
00:47:43,120 --> 00:47:46,759
Speaker 1: where I don't need any persons my kid's doing well,

1048
00:47:46,800 --> 00:47:48,399
Speaker 1: not do like I tell my kids all the time,

1049
00:47:48,440 --> 00:47:50,000
Speaker 1: you don't have to do anything. I just want you

1050
00:47:50,000 --> 00:47:53,080
Speaker 1: to know, like you don't have to be anything, do anything.

1051
00:47:53,840 --> 00:47:55,960
Speaker 1: I'm gonna love you because you know I created you

1052
00:47:56,560 --> 00:47:59,359
Speaker 1: and I know you wouldn't I know. I just call

1053
00:47:59,440 --> 00:48:00,920
Speaker 1: it like a thought experiment.

1054
00:48:01,040 --> 00:48:01,279
Speaker 2: Yeah.

1055
00:48:01,320 --> 00:48:05,480
Speaker 1: So like my oldest daughter, I'm not for college at all.

1056
00:48:05,480 --> 00:48:06,719
Speaker 1: I didn't want to go to college, but I didn't

1057
00:48:06,719 --> 00:48:08,320
Speaker 1: want to tell her that. I want her letter to

1058
00:48:08,360 --> 00:48:10,799
Speaker 1: decide what she wanted to do, so she knows kind

1059
00:48:10,800 --> 00:48:11,440
Speaker 1: of how I feel.

1060
00:48:11,520 --> 00:48:12,759
Speaker 2: But I didn't say, hey.

1061
00:48:12,800 --> 00:48:14,879
Speaker 1: They see, you don't have to tell her. But I'm

1062
00:48:14,920 --> 00:48:16,600
Speaker 1: sure you talk to somebody here, but you know.

1063
00:48:16,719 --> 00:48:17,960
Speaker 2: And then all of a sudden, she started going through

1064
00:48:17,960 --> 00:48:18,840
Speaker 2: this thing where she wanted to go.

1065
00:48:18,960 --> 00:48:21,000
Speaker 1: All her friends were going. She felt like she's missing out.

1066
00:48:21,080 --> 00:48:23,239
Speaker 1: She wants to go, and finally I sat, I did

1067
00:48:23,320 --> 00:48:25,520
Speaker 1: sit down with her. I said, look, babe, if you

1068
00:48:25,560 --> 00:48:27,279
Speaker 1: want to go, of course, I'm going to help you

1069
00:48:27,360 --> 00:48:29,400
Speaker 1: whatever you want to do. I'm your father. Like but

1070
00:48:29,560 --> 00:48:31,840
Speaker 1: there was no pre If she did or didn't like whatever,

1071
00:48:31,880 --> 00:48:32,520
Speaker 1: didn't matter to me.

1072
00:48:33,520 --> 00:48:35,680
Speaker 2: But I don't know. I want my kids to be

1073
00:48:35,719 --> 00:48:36,120
Speaker 2: good people.

1074
00:48:36,480 --> 00:48:38,640
Speaker 1: But what if you didn't leave them anything. Well, when

1075
00:48:38,640 --> 00:48:41,279
Speaker 1: we think about leaving something so money. So you know,

1076
00:48:41,680 --> 00:48:43,560
Speaker 1: I work with Garrett Gunderson on some things. So we

1077
00:48:43,600 --> 00:48:45,799
Speaker 1: work on like the trust and the family constitution. So

1078
00:48:45,800 --> 00:48:48,160
Speaker 1: I have this family constitution in place where the kids

1079
00:48:48,160 --> 00:48:50,520
Speaker 1: don't just get money. You can't just sit on the count.

1080
00:48:50,560 --> 00:48:52,279
Speaker 1: I love his philosophy and all that. Yeah, So it's

1081
00:48:52,320 --> 00:48:57,040
Speaker 1: like we have this constitution and for example, if you

1082
00:48:57,080 --> 00:48:59,680
Speaker 1: have this great business idea, then it gets vetted and

1083
00:48:59,719 --> 00:49:00,759
Speaker 1: if we it's gonna do you.

1084
00:49:00,680 --> 00:49:01,120
Speaker 2: Get the money?

1085
00:49:01,200 --> 00:49:03,160
Speaker 1: Yeah, And that's the part of like you want to

1086
00:49:03,239 --> 00:49:07,000
Speaker 1: benefit of being in the family and having that name. Yeah,

1087
00:49:07,080 --> 00:49:10,280
Speaker 1: it's there and it gives you an opportunity. It doesn't

1088
00:49:10,320 --> 00:49:12,080
Speaker 1: give you a handout, right, And I want you.

1089
00:49:12,040 --> 00:49:12,800
Speaker 2: Want to buy a house.

1090
00:49:12,960 --> 00:49:15,759
Speaker 1: If you can qualify for the house and you can

1091
00:49:15,760 --> 00:49:17,480
Speaker 1: afford it, then we'll give you the money for the house.

1092
00:49:17,600 --> 00:49:21,640
Speaker 1: But there's no free handouse. It's just help handouts, not handouts.

1093
00:49:22,320 --> 00:49:23,919
Speaker 1: So that's kind of the way that I think about

1094
00:49:23,960 --> 00:49:27,000
Speaker 1: the generation wealth. It's more about education and then there's

1095
00:49:27,080 --> 00:49:30,719
Speaker 1: help if you need. I guess my what the way

1096
00:49:30,760 --> 00:49:34,439
Speaker 1: I think about it is even if I didn't pull

1097
00:49:34,520 --> 00:49:39,040
Speaker 1: that off. Can I still be content? Sure? You know.

1098
00:49:39,440 --> 00:49:43,040
Speaker 1: So that's where like, am I optimizing for something? Well,

1099
00:49:43,040 --> 00:49:45,400
Speaker 1: our contenment doesn't come from that from exact sources. I

1100
00:49:45,400 --> 00:49:48,399
Speaker 1: mean we're both men of faith, Christians as you say

1101
00:49:48,440 --> 00:49:51,840
Speaker 1: or whatever, so our contentment doesn't come from that. I

1102
00:49:51,880 --> 00:49:54,360
Speaker 1: love what you said about being made in God's image,

1103
00:49:54,360 --> 00:49:58,359
Speaker 1: and I think, uh, Genesis one tells us who God

1104
00:49:58,480 --> 00:50:01,560
Speaker 1: is and God was a creator. Hey, yeah, and so

1105
00:50:01,680 --> 00:50:03,480
Speaker 1: we're meant to be creators. And that's why I try

1106
00:50:03,480 --> 00:50:06,040
Speaker 1: to tell my kids, like, we're not got simmers, we're creators.

1107
00:50:06,080 --> 00:50:08,840
Speaker 1: We literally wake up and just try to create my

1108
00:50:08,920 --> 00:50:10,600
Speaker 1: more in some of my buddy this morning, flying out

1109
00:50:10,600 --> 00:50:11,880
Speaker 1: and he goes, what do you do you get up

1110
00:50:11,880 --> 00:50:13,600
Speaker 1: at four o'clock? You ask my son? Does your dad

1111
00:50:13,640 --> 00:50:14,520
Speaker 1: really get up that early?

1112
00:50:14,520 --> 00:50:15,200
Speaker 2: And my son's like.

1113
00:50:15,160 --> 00:50:17,319
Speaker 1: Yes, because what do you do early in the morning?

1114
00:50:17,360 --> 00:50:19,799
Speaker 1: I said, I create connected to my Creator. Yeah, Like,

1115
00:50:19,880 --> 00:50:21,640
Speaker 1: I don't even I can't tell you what tomorrow morning

1116
00:50:21,680 --> 00:50:23,920
Speaker 1: is going to hold because I try to get quiet

1117
00:50:24,040 --> 00:50:27,800
Speaker 1: and ask God what you got for me? Yeah, let's

1118
00:50:27,800 --> 00:50:31,120
Speaker 1: talk like man, when I when I give it to

1119
00:50:31,160 --> 00:50:36,160
Speaker 1: you and listen, My life is pretty spectacular it seems

1120
00:50:36,160 --> 00:50:39,000
Speaker 1: to be a winning recipe and when I try to

1121
00:50:39,000 --> 00:50:42,000
Speaker 1: control it and manufacture it and strategically and it's kind

1122
00:50:42,000 --> 00:50:44,280
Speaker 1: Funnyuse I wrote a book and like agenda, I no agenda,

1123
00:50:44,320 --> 00:50:48,200
Speaker 1: no attend to kind of craziness. I just I just

1124
00:50:48,360 --> 00:50:52,160
Speaker 1: I'm like, really, I'm always trying to question beliefs and

1125
00:50:52,200 --> 00:50:55,520
Speaker 1: philosophies to see is their opportunities to do more because

1126
00:50:55,520 --> 00:50:58,480
Speaker 1: it's hard to know. You can't split test life right.

1127
00:50:58,800 --> 00:51:00,319
Speaker 1: You're not gonna get the end of the day and say, Okay,

1128
00:51:00,320 --> 00:51:01,840
Speaker 1: I did it this way. I can go back and

1129
00:51:01,960 --> 00:51:04,600
Speaker 1: try it a different way. But we can try.

1130
00:51:04,360 --> 00:51:05,320
Speaker 2: These thought experiments.

1131
00:51:05,400 --> 00:51:08,520
Speaker 1: So that's that would be my invitation anybody listening is like, again,

1132
00:51:08,560 --> 00:51:11,880
Speaker 1: the word legacy is so fully loaded. Sure we'd have

1133
00:51:11,960 --> 00:51:14,439
Speaker 1: to sit down and define what does legacy mean for you?

1134
00:51:14,640 --> 00:51:18,360
Speaker 1: For you? Yeah, for you? And do you and and

1135
00:51:18,640 --> 00:51:21,319
Speaker 1: do you need this or is it like where does

1136
00:51:21,360 --> 00:51:23,200
Speaker 1: it fit? And if it doesn't happen, you can feel

1137
00:51:23,200 --> 00:51:25,440
Speaker 1: horrible because then I just I'm just always worried that

1138
00:51:25,480 --> 00:51:30,919
Speaker 1: people have these things they feel need to be true

1139
00:51:30,920 --> 00:51:34,920
Speaker 1: for them to feel a certain way. And if you

1140
00:51:35,080 --> 00:51:37,799
Speaker 1: if you do have a faith, the truth is no,

1141
00:51:38,840 --> 00:51:42,799
Speaker 1: but from that place you create, right, it's the absolutely

1142
00:51:42,800 --> 00:51:45,279
Speaker 1: grateful for everything you have and also realize that you're

1143
00:51:45,280 --> 00:51:48,239
Speaker 1: here to create more and if it works out, cool,

1144
00:51:48,239 --> 00:51:50,520
Speaker 1: if it doesn't, cool, And that's the that's kind of

1145
00:51:50,560 --> 00:51:52,759
Speaker 1: where I've gotten to And guess what often wrong, never

1146
00:51:52,800 --> 00:51:54,880
Speaker 1: in doubt. I reserve the right to change my mind tomorrow.

1147
00:51:55,400 --> 00:51:56,040
Speaker 2: That's the thing I.

1148
00:51:55,960 --> 00:51:58,040
Speaker 1: Love about like Anvall or a lot of the philosophers,

1149
00:51:58,080 --> 00:52:00,240
Speaker 1: is that you know, it's almost like, if you don't

1150
00:52:00,280 --> 00:52:03,760
Speaker 1: contradict yourself, are you really growing? Yeah, because the definition

1151
00:52:03,800 --> 00:52:06,000
Speaker 1: of growth is new beliefs, new mindset, which means that

1152
00:52:06,040 --> 00:52:07,720
Speaker 1: you have to change the things you used to believe.

1153
00:52:08,080 --> 00:52:10,200
Speaker 1: So a lot of people that have never contradicted themselves

1154
00:52:10,239 --> 00:52:13,919
Speaker 1: for fifteen twenty years, I questioned their growth. Yeah, it's

1155
00:52:14,880 --> 00:52:16,759
Speaker 1: zero based accunting, and I call it zero based thinking.

1156
00:52:16,760 --> 00:52:18,399
Speaker 1: And I learned that from Brian Tracy and he said

1157
00:52:18,400 --> 00:52:21,840
Speaker 1: that knowing Einstein said, the answers changed. So knowing what

1158
00:52:21,920 --> 00:52:25,120
Speaker 1: I now know what it's been different. So I made

1159
00:52:25,120 --> 00:52:27,080
Speaker 1: the best decision I could at the time. But knowing

1160
00:52:27,120 --> 00:52:29,719
Speaker 1: what I now know, I think that's a great place

1161
00:52:29,719 --> 00:52:30,760
Speaker 1: to end your a legend.

1162
00:52:31,040 --> 00:52:31,799
Speaker 2: Appreciate it.

1163
00:52:32,360 --> 00:52:34,720
Speaker 1: I just think the one word I think is so powerful,

1164
00:52:34,800 --> 00:52:36,560
Speaker 1: and I think it just sums up maybe the book

1165
00:52:36,560 --> 00:52:40,360
Speaker 1: and everything we talk about. It is just intention, living with intention,

1166
00:52:40,719 --> 00:52:43,960
Speaker 1: figuring out what you want, going to get it, Dan Martel,

1167
00:52:44,560 --> 00:52:46,640
Speaker 1: you're prolific online, so everyone can find you their willing

1168
00:52:46,680 --> 00:52:48,239
Speaker 1: to your staff if you don't mind me, Mark, Like

1169
00:52:48,320 --> 00:52:50,359
Speaker 1: a lot of people read the book and they get

1170
00:52:50,400 --> 00:52:53,799
Speaker 1: stuck on the first hire. I don't know, chapter five,

1171
00:52:53,840 --> 00:52:56,800
Speaker 1: I talk about this. If anybody wants my internal sop

1172
00:52:56,920 --> 00:52:59,839
Speaker 1: for my you met and my executive assistant, just follow

1173
00:52:59,840 --> 00:53:02,080
Speaker 1: me on Instagram. You know everybody's on Instagram. Follow me

1174
00:53:02,080 --> 00:53:04,640
Speaker 1: on Instagram, message me Mark EA, and I'll send them

1175
00:53:04,640 --> 00:53:07,479
Speaker 1: that direct link. No opton, no nothing. It's my gift

1176
00:53:07,520 --> 00:53:09,880
Speaker 1: to them. And it's literally a forty page document with

1177
00:53:09,960 --> 00:53:12,399
Speaker 1: everything my assistant does for me. Yeah, and they can

1178
00:53:12,400 --> 00:53:14,200
Speaker 1: pick and choose the parts that might make sense for

1179
00:53:14,239 --> 00:53:16,240
Speaker 1: their life and just my gift for your audience.

1180
00:53:16,280 --> 00:53:17,000
Speaker 2: Oh that's awesome.

1181
00:53:17,000 --> 00:53:18,800
Speaker 1: We're going to link to that and the notes down below,

1182
00:53:18,840 --> 00:53:22,400
Speaker 1: and I when do that. Thanks awesome, Thanks Mark,