Everything I Learned From Being Around The Top 0.1% — Transcript
Full transcript
- 0:00Most people think the top 0.1% got there
- 0:03by overworking everyone else. More
- 0:05hours, less sleep, relentless grind. I
- 0:07used to think that, too, until I
- 0:09actually got into these rooms. Over the
- 0:12last 20 years, I've sat face-to-face
- 0:13[music] for hours with many people that
- 0:16you only read about in headlines. From
- 0:18Elon Musk inside a rocket [music]
- 0:20factory to Richard Branson's private
- 0:22island, Tony Robbins in Fiji, Arianna
- 0:25Huffington, the Dalai Lama, Bill Gates
- 0:27in his home in Washington. And what I
- 0:29found across every single conversation
- 0:33is that they think in uniquely different
- 0:35ways. Their operating system [music] is
- 0:38different from what school often tells
- 0:40us to pay attention to.
- 0:42But it often comes down to these nine
- 0:45things. Nine principles that have
- 0:47nothing to do with hustle. In fact, the
- 0:50real secret runs almost directly against
- 0:53[music] it. So, these nine principles
- 0:54aren't taught anywhere. Not in school,
- 0:57not in any business book, not in any
- 0:58podcast. And once you see them, you
- 1:01cannot forget them.
- 1:06In 2013, I asked Elon Musk what I
- 1:08thought was the dumbest question of my
- 1:11life. I said, "Elon,
- 1:13if we could put you in a blender and
- 1:14essentially blend you down to your core
- 1:17essence of the Elon, what would that
- 1:19be?" Elon laughed at the absurdity
- 1:21question. And then he gets quiet and he
- 1:23tells me this. He said, "The core
- 1:27essence of Elon is this. I can take a
- 1:30lot of pain." He went on to share this
- 1:33quote, "Entrepreneurship is like
- 1:36crawling into a dark abyss and chewing
- 1:39glass."
- 1:40And he said with his usual Elon
- 1:42chuckling, "That's what I felt a lot of
- 1:44my life, but I could push through that
- 1:47pain." Now, he shared some stories. In
- 1:50that same conversation, he said there
- 1:52was a time when he was young and he
- 1:54really wanted a job. He read about the
- 1:56company Netflix. So, he walked into
- 1:58their office with a resume thinking,
- 2:00back then he said he was young and
- 2:02stupid, thinking that that was how you
- 2:04get a job. You just stay in the office
- 2:06in the reception room. He waited and
- 2:09waited and waited. No one came to greet
- 2:12him. No one came to ask him for an
- 2:15interview. He sat there with his resume,
- 2:17a young Elon. And when no one came, he
- 2:20said, "Screw it. I'll just start my own
- 2:23company." That started him on his
- 2:25journey that's about to make him, with
- 2:27the SpaceX IPO, the world's first
- 2:29trillionaire. But as he went through
- 2:31that journey, there was unbelievable
- 2:33pain. And I got to hear much of this
- 2:35pain
- 2:36directly because I produced a program
- 2:40with Elon's mother, Maye Musk. The first
- 2:42principle is this,
- 2:44you need to have high pain tolerance.
- 2:48Many people back away from pain. Many
- 2:50people shrink in pain. Now, pain
- 2:52tolerance doesn't mean that you push
- 2:53yourself till you collapse. It means
- 2:56that you are devoted to what it takes to
- 2:59help you grow.
- 3:01I do not believe in going through pain
- 3:03to build a business because I'm not
- 3:05going to sacrifice my health or my
- 3:06relationships for money. I want money,
- 3:10but I value my relationships and I
- 3:12absolutely value my health. But what I
- 3:14learned from Elon helps me when it comes
- 3:18to those days when I have to put in a
- 3:2012-hour day. When those days when I have
- 3:23to go to the gym and I'm determined to
- 3:25push my body to the point where I can
- 3:28barely walk out of that gym.
- 3:31That is pain that makes you stronger.
- 3:34And when you can learn to tolerate that
- 3:36pain, you develop an unbelievable
- 3:38resilience in life. Most people shrink
- 3:41away from pain. The greatest, they push
- 3:45through pain. A great gym instructor
- 3:48told me, "Every time you are pushing
- 3:52on a weight, and you feel that pain,
- 3:54ordinary people give up.
- 3:56But, the people who really build muscle,
- 3:59they push through the pain, and you can
- 4:01tolerate pain in life, in business,
- 4:03that's when you rise up to the next
- 4:06level of whatever game you're playing.
- 4:08Okay, so some of you might be wondering,
- 4:10great vision, how do I apply this in my
- 4:12life? Well, I gave you the gym example,
- 4:14that's one. But, the second example, I'm
- 4:16going to bring up Elon again. So, Elon
- 4:18was interviewed on the Neil deGrasse
- 4:19Tyson podcast, and Neil asked Elon, "How
- 4:22did you get so courageous, willing to
- 4:23take all of these bets?" When Elon sold
- 4:26PayPal, he got 200 million. Rather than
- 4:28buy a yacht or retire to an island, he
- 4:30decided to put all of that money on two
- 4:32risky bets, SpaceX and Tesla. Well,
- 4:35Elon's response to Neil deGrasse Tyson
- 4:37was this, Elon said, "When I was a kid,
- 4:39I decided to try an experiment. The
- 4:41experiment was, could I live on $1 a
- 4:43day?" And he found that he could. He
- 4:45could shower at the YMCA, he could sleep
- 4:48on the floor of his office, he could
- 4:49survive on ramen noodles that he bought
- 4:52from the cheapest grocery store he could
- 4:54find.
- 4:55Elon said, "When I found that I could
- 4:56survive on $1 a day, I realized I'm
- 5:00safe. I'm good." And he said, "That gave
- 5:02me the courage to really push through."
- 5:05What challenge can you give yourself?
- 5:08Whether it's training for a marathon,
- 5:10whether it's pushing through that final
- 5:12rep in the gym, whether it's attempting
- 5:14to survive on a low budget to train
- 5:17yourself to understand just how much you
- 5:20can go.
- 5:21The beauty about these challenges are,
- 5:23you always inevitably find that you are
- 5:25way stronger than you think. When you
- 5:27can push through the pain,
- 5:29you often come out on the other side
- 5:32much stronger than before. Now,
- 5:34principle number two, and I learned this
- 5:36from both Elon and Naveen Jain. I'll
- 5:40talk about Naveen in a moment, but I
- 5:42want to continue with this Elon story.
- 5:43That day in 2013 at the SpaceX
- 5:45headquarters in California, in
- 5:47Hawthorne, Elon continued sharing with
- 5:50us some of his insights. SpaceX was
- 5:53still a young company, as was Tesla.
- 5:55Remember, this was 13 years ago. But he
- 5:58said something. One of the people in our
- 6:00group asked him, "Elon, why are you even
- 6:02doing this? This is crazy risky."
- 6:05And this is how he explained it to us.
- 6:07He said, "Listen,
- 6:08if humankind doesn't back itself up on a
- 6:12different planet, one asteroid strike to
- 6:15Earth could wipe us all out." And that's
- 6:18why he says, just like you need to back
- 6:19up your hard drive in the cloud, we need
- 6:21to be able to back humankind up on a
- 6:23different planet. He then put up a
- 6:26picture of Mars, and he spoke about
- 6:28Mars, and he spoke about his vision. He
- 6:31said, "10 years out to transport
- 6:34millions of people to establish a colony
- 6:37on Mars." Now, 10 years out would have
- 6:39been 2023. Elon would have missed that
- 6:43timeline.
- 6:44But he was honest about that. That day
- 6:46in 2013, he says, "And I know I'm
- 6:47optimistic,
- 6:49and I know I have a reputation for
- 6:51missing timelines." And then he laughed.
- 6:54He did miss the timeline, but one cannot
- 6:56argue about his great why. His why was
- 7:00save humanity in case of an asteroid
- 7:02strike. By the way, just in case you're
- 7:04wondering, the odds of an asteroid
- 7:06actually striking Earth and causing an
- 7:08extinction-level event is about 1 in
- 7:1030,000. So, this is not like a tiny low
- 7:14risk. It could happen. Elon's motivation
- 7:18is to back up the human species and
- 7:21colonize another planet. This why is a
- 7:25reason that a couple of years ago, in a
- 7:28study in Silicon Valley, when they asked
- 7:30engineers, "What are the companies you
- 7:32most want to work for?" Number one and
- 7:34number two was SpaceX and Tesla.
- 7:37Elon starts with why. He doesn't speak
- 7:41about work. He speaks about a mission.
- 7:44Now, another person I learned this from
- 7:46is Naveen Jain. Naveen Jain started a
- 7:48company called Viome. It's a gut
- 7:50microbiome testing company. Naveen has
- 7:53had many, many multi-billion dollar
- 7:55companies under his belt.
- 7:57And I was fortunate one day in 2023
- 8:01to be invited to come and spend time
- 8:03with him on his private island that he
- 8:05shares with Richard Branson. And I asked
- 8:07him,
- 8:08"Naveen, you are in your 60s. You've
- 8:11started and founded multiple companies.
- 8:14You have a freaking private island with
- 8:16Branson, and you're doing it all again.
- 8:18Why?"
- 8:19And he explained this to me. He said,
- 8:20"Vision. With the technology that we're
- 8:22building, do you know
- 8:24that we will be able to, just from a
- 8:26swap of saliva, detect throat cancer in
- 8:30someone? We can help make illness
- 8:34optional. We can create a world in
- 8:36America where
- 8:38you never have to become sick. It all
- 8:40starts with being able to measure what's
- 8:43going on in your gut. And that's why,
- 8:45even in my 60s, I'm building this
- 8:48company. And I'm dedicating my life to
- 8:50it.
- 8:51I respected that idea so much. I ended
- 8:54up investing in Viome. Naveen Jain is
- 8:56another entrepreneur that shows that
- 8:58when you start with why, nothing is
- 9:00impossible. Now, one of the side effects
- 9:03of Naveen's company is this. Because of
- 9:06how passionate he is about his mission,
- 9:09when this man is on stage,
- 9:12he wows people. When he speaks about his
- 9:14mission, the best scientists, the best
- 9:16engineers want to join him. And Naveen
- 9:19told me this. He said, "Vision,
- 9:21many entrepreneurs start with a goal.
- 9:24They should always make their goal
- 9:26ridiculously big. But they're afraid to
- 9:28make it big because they think they're
- 9:29going to fail. But the thing is, when
- 9:31you make your goal big, when you make
- 9:33your goal something that can transform
- 9:35the human race, you make it easier, not
- 9:38harder.
- 9:39So, I asked Naveen, well, what do you
- 9:40mean? Naveen says, you make it easier
- 9:43because the best people, they don't want
- 9:46to work for small companies with small
- 9:48missions. The best people want to change
- 9:51the world. And when they see you're
- 9:53playing at that level, they flock to
- 9:55you. And when the best people come, the
- 9:57best ideas come. And when the best ideas
- 9:59come, the investors come.
- 10:01And then you can tell the investors, we
- 10:03don't need your money. We've got great
- 10:05people already. I found that really
- 10:07interesting. Naveen's argument that the
- 10:11bigger your mission, the easier it gets.
- 10:14I love this about Naveen. I asked him to
- 10:16create a Mindvalley program on this
- 10:18topic called The Power of Boldness. It's
- 10:20one of the programs we are most proud
- 10:21of. Boldness matters. And to be bold,
- 10:25you need to understand your why and use
- 10:28it as a rallying call for customers, for
- 10:30employees, for investors. And now, let's
- 10:33say you're not building a world-changing
- 10:36company. Let's say you're building a
- 10:37simple t-shirt company with beautiful
- 10:39t-shirts where human beings can pay to
- 10:42get their pets' faces on a t-shirt. How
- 10:45do you apply this philosophy? Well, it's
- 10:47simple.
- 10:48Are you doing it for money? Or are you
- 10:50doing it for something beyond money?
- 10:53Because if it's just money, I can tell
- 10:56you it's going to be harder. There going
- 10:57to be days when you're not going to want
- 10:59to wake up in the morning and push
- 11:01through getting that business launched.
- 11:03It's going to be harder to motivate
- 11:04employees.
- 11:05But if your why is you genuinely care
- 11:09about animals and you want to help in
- 11:11your small way create a world where
- 11:14owner and pet are closer together, where
- 11:17people get to celebrate dog ownership
- 11:19and cat ownership, or ferret ownership,
- 11:22whatever pet you're into, when you
- 11:24create a world where you can bring
- 11:26people and animals together, that makes
- 11:29you happy, that becomes your mission.
- 11:31And the beauty of that is you will start
- 11:33attracting employees and customers who
- 11:35resonate with that mission.
- 11:37This is why even if you are simply
- 11:39building a t-shirt company, having a
- 11:41mission that is beyond just money
- 11:44matters. In my book, The Code of the
- 11:46Extraordinary Mind, I dropped this
- 11:48quote,
- 11:49"Business people do it for the dollars,
- 11:51but real entrepreneurs, they do it to
- 11:53push humanity forward. What are you
- 11:56doing that will create a positive impact
- 11:59on humanity?" The third idea is this.
- 12:03So, you got to learn to push through
- 12:04pain. You got to have a mission. The
- 12:07third idea is an interesting dance
- 12:09between both, and it comes from Richard
- 12:12Branson. I got an opportunity several
- 12:14times to spend time on Necker Island
- 12:16with Richard Branson in various
- 12:18mastermind groups. And in this time,
- 12:20there were about 3 hours that I had
- 12:21one-on-one with Branson. And during one
- 12:24of those moments, I asked him, "Richard,
- 12:27you've started multiple companies. You
- 12:29employ 50,000 people.
- 12:31What is the best advice you can give
- 12:33me?" And I remember that night, it was a
- 12:35beautiful starry night. We were dressed
- 12:36as pirates. Richard was organizing a
- 12:39pirate party. This man loves to party.
- 12:42He loves to have fun. And this is what
- 12:44he told me. I'm going to read it out to
- 12:46you cuz I want to get this right. He
- 12:48said,
- 12:49"It's all about finding and hiring
- 12:51people who are smarter than you, giving
- 12:53them really good work, and then getting
- 12:55out of the way so that you can focus on
- 12:58the bigger vision."
- 13:00Now, notice how what Richard is saying
- 13:01ties so greatly to point number two.
- 13:04Richard was dyslexic. He had difficulty
- 13:06reading. He never considered himself a a
- 13:09particularly brilliant man in different
- 13:11areas, but what he was good at, and he
- 13:13said his dyslexia gave him this ability,
- 13:15is seeing the big picture. So, he would
- 13:17hire people smarter than him, put them
- 13:20on these projects while he stayed at the
- 13:22vision level. Principle number two.
- 13:25Principle number three is essentially
- 13:27what Branson is advocating. Hire great
- 13:30people and get out of the way. Give them
- 13:32the vision, give them the direction,
- 13:34give them the OKRs, and then let them do
- 13:37their job. Now, Elon does it a little
- 13:39bit differently. He goes deep department
- 13:42by department by department in his
- 13:44companies. He's famous for talking about
- 13:46how every week in every company he picks
- 13:48the biggest constraint and he goes deep
- 13:50with the team and solves it. That's
- 13:52good, too. But, Elon is also always
- 13:55playing at the vision level. Richard
- 13:57always playing at the vision level. So,
- 13:59which as you build a company, the bigger
- 14:02your company grows, it doesn't mean you
- 14:04can't go in and code with your team or
- 14:05design with your team, but you got to
- 14:07ensure that the company's vision is
- 14:10expanding, is evolving, especially in
- 14:12today's age when so many things are
- 14:14changing so fast. Another person who was
- 14:17really good at doing this was Bill
- 14:20Gates. And I know this because in 1998,
- 14:23I was one of the 1% of computer science
- 14:25graduates in America that was offered a
- 14:28lucrative internship at Microsoft. This
- 14:31was the Microsoft of 1998 when it was
- 14:33the hottest company in the world. And I
- 14:36became an intern that summer while I was
- 14:39a junior at the University of Michigan.
- 14:41Now, what happened is Bill Gates, and
- 14:43this is what blew me away, the richest
- 14:45man in the world invited all us interns
- 14:48to his home for dinner. There were about
- 14:5050 to 70 of us. And Bill Gates was there
- 14:54in his gorgeous home on Lake Washington
- 14:57grilling hamburgers. This is the richest
- 15:00man in the world grilling hamburgers and
- 15:03serving it to a bunch of interns. And
- 15:06back then I was wondering how the heck
- 15:08does he justify Could he He's a
- 15:10billionaire. Couldn't he pay someone to
- 15:12do it? What about like like ordering in
- 15:14from McDonald's?
- 15:16But, it was only later that I understood
- 15:18what Bill Gates was doing. He was
- 15:20applying the same rule books. Bill Gates
- 15:23was a visionary. He was building a great
- 15:24company, but he was applying that same
- 15:26Richard Branson rule book. He was doing
- 15:29everything he could to get the best
- 15:31minds into Microsoft. And then, he was
- 15:34taking a servant leader approach showing
- 15:36that you are precious to me. I am going
- 15:39to personally
- 15:41cook your hamburger patty, serve it to
- 15:43you, get to your know your name, invite
- 15:46you to my gorgeous house because you
- 15:48matter.
- 15:49And that idea never left me. That idea
- 15:53never left me. The way Bill Gates
- 15:55treated even interns. Later on, when I
- 15:58started my company, I applied that idea
- 16:01to the office space. As I brought people
- 16:03to come and work for Mindvalley, I knew
- 16:05I didn't want them to just work in an
- 16:07ordinary office space. So, I created a
- 16:10gorgeous office space that later made
- 16:12Inc. Magazine top 10 most beautiful
- 16:14office in the world because those tiny
- 16:17touches matter. Set the vision. Bring
- 16:20great great people in. Get the heck out
- 16:22of the way. The fourth principle I
- 16:24learned from the legendary hypnotist
- 16:27Paul McKenna. Paul and I became friends
- 16:30over the years. And Paul McKenna, if you
- 16:32live in the UK, you know this man. He's
- 16:34the number one non-fiction writer in the
- 16:37United Kingdom. Paul McKenna's
- 16:39hypnotherapy has changed the lives of
- 16:41millions of people and in the UK, he is
- 16:43frequently in the news. Paul and I were
- 16:46having dinner one day and I was debating
- 16:49getting a gorgeous apartment in London.
- 16:52The problem was this apartment was way
- 16:53beyond my budget. So, as I sat down with
- 16:56Paul, Paul shared a thought with me. He
- 16:58said, "Vishen, write down the cost of
- 17:00this apartment rental, monthly. Now,
- 17:03write down what's your budget. What's
- 17:05the gap?" And the gap was about 5,000
- 17:08lb. This apartment was 5,000 lb more
- 17:11than what my budget told me I should
- 17:12pay.
- 17:13Paul said, "Well, listen, most people
- 17:15are going to look at those 5,000 lb and
- 17:18they're going to cross it off and say
- 17:19no.
- 17:20But you are smarter than that. This is
- 17:21what I want you to do. He said, "Forget
- 17:24safe and risky. Don't think like that.
- 17:27Instead, look at upside, downside." So,
- 17:30the downside is it's 5,000 pounds, but
- 17:32Vision, what is unique about that
- 17:34apartment? And I said, "Well, this
- 17:35apartment has got this amazing space for
- 17:37filming. It's also got this stunningly
- 17:39massive dining room with an antique
- 17:42Chinese table that can seat 12." Paul
- 17:44says, "Aha.
- 17:46Okay. If you could use the space for
- 17:48filming
- 17:49and you could produce just one extra
- 17:51YouTube video in this gorgeous space a
- 17:52month, would that be worth 5,000?" And I
- 17:55realized, "Well, yeah." He said, "If you
- 17:57could host intricate dinner parties and
- 17:59bring in founders from different
- 18:01industries, maybe find new companies to
- 18:03invest in, new collaborators, would that
- 18:05be worth 5,000?" And I go, "Yeah." And
- 18:07he goes, "Well, you can do both. So, for
- 18:10the extra 5,000, you're already telling
- 18:12me you're getting $10,000 worth of
- 18:14value." I thought about it. And he was
- 18:17right. I was looking at it from the
- 18:19sheer rule of this breaks my budget. But
- 18:23McKenna showed me how to think upside,
- 18:26downside. Admit the downside, but look
- 18:29at what is the upside of having the
- 18:31slightly greater space. Now, this type
- 18:35of thinking can be extremely useful for
- 18:38entrepreneurs. I want to go back to a
- 18:40story about Branson. When Richard
- 18:42Branson was traveling with his wife in
- 18:44the early days, he was trying to fly
- 18:47back to the UK from the Caribbean. And
- 18:49what happened is that the flights were
- 18:51all fully booked, flights were canceled,
- 18:53and there was no way to get back. So, he
- 18:55decided to spend some money hiring a
- 18:58chartered flight. So, he grabbed some
- 19:01money together, went to hire a chartered
- 19:03flight, but he found out that it was way
- 19:04too expensive. He couldn't afford it.
- 19:06So, he goes back to the airport in the
- 19:07waiting room with all of these
- 19:09distressed, like, grumpy travelers cuz
- 19:11the flight to London's been canceled.
- 19:13and says, "Guys, if all of you pay me,
- 19:15I'm going to put this money together and
- 19:17get a plane for us and get us all back
- 19:19to the UK."
- 19:21And that's how he was able to get back
- 19:23to the UK.
- 19:25But that simple inconvenience sparked an
- 19:28idea.
- 19:29It allowed him to understand that he
- 19:32could collect money in advance, hire a
- 19:35chartered flight, and then get himself
- 19:38back, but also make a tiny bit of
- 19:40profit. That model became the model that
- 19:42he used to launch his airline, Virgin
- 19:45Atlantic. When Branson was launching
- 19:47Virgin Atlantic, an idea that sparked
- 19:49from that moment with the charter
- 19:50flight, he called up Boeing to buy a
- 19:53plane. And Boeing said, "There's no way
- 19:55we're selling someone like you a plane.
- 19:57You have no experience." So Richard
- 19:59said, "Well, could I rent a plane? Do
- 20:01you have any planes just sitting around
- 20:03on the runway waiting for someone to
- 20:04rent them? Let me rent it for a month."
- 20:06Boeing said, "Sure." And Richard said,
- 20:08"Can I pay you at the end of the month?"
- 20:09Boeing said, "Yes." Richard now had his
- 20:12plane, but he had a big bill at the end
- 20:14of the month. All he had to do right now
- 20:16is
- 20:17find the upside to this downside. And
- 20:20the upside is, "I've got a freaking
- 20:22plane that I can do anything with for 30
- 20:24days. Let's sell tickets." So in his
- 20:27classic PR stuntman
- 20:30mode, he was able to create an airline,
- 20:32Virgin Atlantic, sell a bunch of
- 20:35tickets, make a profit, pay the Boeing
- 20:37rental, and that's how his airline took
- 20:40off today, a multi-billion dollar
- 20:43business.
- 20:44All because what most people would see
- 20:47as a downside, a big payment on a plane
- 20:51at the end of the month, he turned into
- 20:53an upside. So what are the downsides of
- 20:55what you're doing that could potentially
- 20:57be an upside? Apply McKenna's tactic. Is
- 21:01the downside reckless? If the answer is
- 21:04no, then don't obsess about the
- 21:06downside. Focus on what you can do with
- 21:09the upside. Poor thinking obsesses about
- 21:12the downside. Great entrepreneurs, they
- 21:15stay in the positive mode and they look
- 21:17at the upside. Principle number five
- 21:20comes from the Reverend Michael
- 21:22Beckwith. Michael Beckwith is the
- 21:24Reverend of the Agape church in Los
- 21:27Angeles. This is a multi-denominational
- 21:29religious institution that teaches ideas
- 21:31from every religion and Michael is an
- 21:33incredible speaker. And one of the most
- 21:35incredible things about Michael is this.
- 21:38He is the most featured person in modern
- 21:43personal growth and spiritual
- 21:45documentaries. No one else in the modern
- 21:48era is featured as much as him in these
- 21:51movies and documentaries and it's
- 21:53because of how he speaks and his
- 21:55presence. So, I've learned a lot from
- 21:57Michael over the years while being in
- 21:59the audience in his church, but also
- 22:01through one-on-one conversations. And
- 22:03one of the most interesting ideas I
- 22:04learned from Michael is this. Failure is
- 22:06the curriculum. Michael says, "There are
- 22:09two ways we grow. We grow through satori
- 22:12and we grow through kensho. These are
- 22:14Zen terms. So, in Zen philosophy, life
- 22:17is about growth, but growth can come
- 22:19through kensho, which is growth from
- 22:21pain, but growth can also come through
- 22:24satori, which is growth from awakening."
- 22:28Now, growth from pain might be a
- 22:30business fails, but you pick yourself
- 22:32up, you understand what to do and what
- 22:34not to do, so your next business is
- 22:35stronger. Kensho or growth from pain
- 22:38might be you mistreat your body, you end
- 22:40up in hospital, but there in that
- 22:42hospital bed, you make an oath to
- 22:44yourself to eat better, to exercise
- 22:46more, to treat your body like a temple.
- 22:48I know I've been there. Kensho might be
- 22:51a relationship ends,
- 22:53but you grow from that and you start to
- 22:55understand what it takes and what
- 22:57behaviors you need to change to really
- 22:59create a thriving relationship. That's
- 23:01growth from pain.
- 23:03Satori is growth from awareness. Growth
- 23:06from awareness comes when you listen to
- 23:07a podcast, when you're studying on a
- 23:09platform like Mindvalley, when you're
- 23:10reading a book, when you have inspiring
- 23:12friends or mentors that help you gain
- 23:15realizations. Kensho or Satori. But the
- 23:18point is growth. Growth is the
- 23:22curriculum. Failure helps you grow as
- 23:25much as awakening. So Satori is
- 23:29wonderful, but not everyone is always
- 23:32going to get insights from
- 23:34the book they read.
- 23:36Kensho is often the best way to help you
- 23:39grow.
- 23:40Now, an MBA professor who mentored me,
- 23:43Srikumar Rao, one of the greatest MBA
- 23:46professors in the world, said something
- 23:48similar. He said, "Vision, you know the
- 23:50most important thing we need to teach in
- 23:52MBA programs?"
- 23:53I asked, "What?" And he says, "American
- 23:56MBA schools need to teach this. Your
- 23:59business is not about your business."
- 24:02And I go, "What do you mean?" He goes,
- 24:03"Your business is about are you
- 24:06growing?"
- 24:08If your business hits a billion dollars,
- 24:09doesn't matter. Did you grow? If your
- 24:11business fails, doesn't matter. Did you
- 24:13grow?
- 24:14As long as you're growing, you're good.
- 24:16Your business is nothing more than the
- 24:19greatest vehicle for your personal
- 24:21growth. That's why being a founder is so
- 24:24valuable. But when you fail, when
- 24:27something doesn't go right, the only
- 24:29thing you got to look at is not the
- 24:30failure, but what did you learn? Did you
- 24:33grow?
- 24:34And as long as you're growing,
- 24:37you're winning. You're gaining. You're
- 24:39developing an edge. When you reframe
- 24:42failure into opportunity for growth, the
- 24:45Kensho opportunity for growth,
- 24:48now you become unstoppable. By the way,
- 24:51if you enjoyed this idea of growth,
- 24:52check out my video The Three Most
- 24:54Important Questions. This is an exercise
- 24:56that I designed that has been retweeted
- 24:58by organizations like the American
- 25:00Management Organization to help you
- 25:02identify the best ways in which you need
- 25:05to grow in your life. You'll find it on
- 25:07this channel. Don't forget to hit
- 25:08subscribe. The next idea in the next
- 25:10story comes from Arianna Huffington. I
- 25:12got to sit down with Arianna in her home
- 25:15in LA several years ago.
- 25:18And as we chatted, she told me the story
- 25:21that led her to start her health and
- 25:24wellness company, Thrive. She'd been
- 25:26working crazy hard on Huffington Post
- 25:29and she started neglecting her health.
- 25:32And one day, as she came back from a
- 25:33long day in the office, she collapsed,
- 25:36hit her head against a table, and lay on
- 25:38the floor bleeding.
- 25:40She realized that for the longest time,
- 25:42she had been neglecting her own inner
- 25:45game, her health, her wellness. Arianna
- 25:47swore never to do that again. She
- 25:49started a company called Thrive. She
- 25:51started going deep into meditation, into
- 25:54health, into wellness. Today, Thrive is
- 25:57a massively successful company.
- 25:59And Arianna learned that lesson the
- 26:01painful way. As Michael Beckwith should
- 26:03say, "Ken show your
- 26:06outer game depends on your inner game.
- 26:09The world that you're building, the
- 26:11business that you're creating is a
- 26:13function of the inner state you're in."
- 26:17Or another way of saying it is this,
- 26:18"Your business will grow to the extent
- 26:21you grow." Listen, if you're on the
- 26:24ground bleeding,
- 26:26you're not going to have the capacity to
- 26:28grow your business. So, are you
- 26:30sacrificing sleep? Are you sacrificing
- 26:32gym? Are you failing to eat well because
- 26:35you're too busy? Well, you've just
- 26:37fallen down an awful trap. The most
- 26:40important rule to understand is this,
- 26:44you have to take care of yourself. Sleep
- 26:48is non-negotiable. Healthy eating is
- 26:50non-negotiable. Exercise is
- 26:51non-negotiable. Going back to a story
- 26:54from Branson. I was in Necker Island
- 26:56once and uh
- 26:58Branson, at a late-night, 10:00 p.m.
- 27:00party, challenged all of the founders in
- 27:02the room to wake up at 6:00 a.m. and
- 27:05swim with him
- 27:07from Necker Island to a neighboring
- 27:10island he also owned, Mosquito.
- 27:13The space between that island, 5 km.
- 27:17A few hands
- 27:19went up but most people decided there's
- 27:21no way they're waking up at 6:00 a.m.
- 27:23and swimming 5 km across open water.
- 27:26Now, I decided that, okay, I was a
- 27:28photographer, this was an amazing
- 27:29opportunity, I had to get there with my
- 27:31iPhone and film this. So, at 6:00 a.m.
- 27:34there I was, the sun was rising, it was
- 27:36gorgeous. A few straggling
- 27:38entrepreneurs, slightly nervous, were
- 27:39getting in the water with Branson. And
- 27:41Branson forgets his goggles. So, he
- 27:44turns to his assistant and he goes, "Are
- 27:46my goggles around?" And she goes, "Well,
- 27:48I I'd have to run back up to the house
- 27:50and get them. It's going to take me 20
- 27:51minutes." Branson, who's in his 60s,
- 27:53says, "Oh, don't bother. I'll just
- 27:56backstroke." This man, in his 60s, is
- 27:59about to backstroke 5 km. Now, at that
- 28:02point, I'm thinking, I'm not even a good
- 28:04swimmer, but listen, I'm 40 and it's
- 28:07embarrassing if I cannot do this. I had
- 28:10my goggles, so I decided to get in the
- 28:12water with Branson. I was impressed at
- 28:15how a man in his 60s was able to keep
- 28:17his body that sharp. Long story short
- 28:20Branson made it, 5 km backstroke. Many
- 28:23of the entrepreneurs made it. Branson
- 28:25did this not because he was trying to
- 28:27prove a point. He did this because we
- 28:30were there to learn how to think like a
- 28:33billionaire. And one of the things he
- 28:35was trying to express to us is this
- 28:37billionaires, even when it's painful,
- 28:40will wake up at 6:00 a.m.
- 28:42And billionaires, at least his style of
- 28:45billionaire, will take such good care of
- 28:47your health that even in your 60s, you
- 28:50can backstroke 5 km across open water.
- 28:54That experience changed my life. I
- 28:56started treating my body in a different
- 28:57way. I started training in the gym in a
- 28:59different way. I'm going to be in my 60s
- 29:02in a decade or so and I want to make
- 29:04sure I age gracefully just like Branson.
- 29:08The next principle comes from Dave
- 29:10Asprey, the founder of Bulletproof
- 29:12Coffee. The creator of the term
- 29:15biohacking. If you look up the word
- 29:17biohacking,
- 29:18Dave's name is the name on the
- 29:20dictionary as the man who coined this
- 29:22term and kind of created this movement.
- 29:25Now,
- 29:26when I first started getting close to
- 29:27Dave and he had me on his podcast, I
- 29:30spoke about intuition. This was 2016. My
- 29:32book, The Code of the Extraordinary
- 29:33Mind, had just come out and I got
- 29:35slammed on Amazon by Dave's followers
- 29:38because they believed intuition was not
- 29:40real. Spiritual was beyond biohacking.
- 29:43But over the subsequent years, as
- 29:45evidence came out, the evidence showed
- 29:48that your spirituality, your intuition,
- 29:51your ability to master your mind are
- 29:54some of the most important things for
- 29:56longevity.
- 29:58I knew that. Dave knew that.
- 30:00But we couldn't speak about it publicly
- 30:02in 2016 without getting slammed.
- 30:05But in that same year, 2016,
- 30:07I attended an experimental event with
- 30:10Dave Asprey. Today that event is called
- 30:1240 Years of Zen. It's a neuro-training
- 30:14facility that Dave now runs where you
- 30:16train your brain to function like the
- 30:18brain of monks who have spent 40 years
- 30:22in meditation.
- 30:23And the people who flock this facility
- 30:26are billionaires, are entrepreneurs
- 30:28because it costs $15,000 for 5 days. I
- 30:31went there with Dave in the early days
- 30:34when he was first exploring this
- 30:36technology and this is what we learned.
- 30:38We learned that you can train your brain
- 30:42to actually perform like a monk by using
- 30:46biofeedback to re-pattern in your brain
- 30:49the exact patterns that we see in a
- 30:51monk's brain. Now, for those of you who
- 30:52are brainwave nerds, it's high alpha
- 30:55amplitude and left-right brain
- 30:57coherence. But, here's the funny thing.
- 30:59The secret to getting there is not what
- 31:02you think. It's not hours of chanting or
- 31:05hours of meditation, it's practicing
- 31:08forgiveness. It's practicing this one
- 31:11spiritual act, forgiveness. As you go
- 31:13into these altered states at the
- 31:15neurotraining facility, what you're
- 31:17meant to do as you go into this
- 31:18neurotraining facility, you go into this
- 31:20egg-like structure. Your brain is wired
- 31:23up to machines and what you're meant to
- 31:24do non-stop is forgive yourself for
- 31:29every dumb mistake you've made and
- 31:31forgive everyone who ever hurt you.
- 31:35Forgive, forgive, forgive until your
- 31:38soul feels completely clear. Until
- 31:42you basically have no negative charge
- 31:43towards anyone. This
- 31:46is bizarre because this is a spiritual
- 31:49practice that saints have been speaking
- 31:51about, that Christ spoke about. And it
- 31:53turns out that this spiritual practice
- 31:55is incredible for optimizing you as an
- 31:58entrepreneur.
- 32:00Today, we know the science. Your brain
- 32:02goes into a more resilient state. When
- 32:04your brain is more resilient, you can
- 32:06push through busy days, you can push
- 32:08through long hours while staying calm.
- 32:11And this is the secret, calm when your
- 32:15life is so complex. Most people never
- 32:18get to be found as an entrepreneur
- 32:19because it is a freaking complex job.
- 32:23And you got to juggle so many multiple
- 32:25things. But, when you can train your
- 32:27brain to have this high level of
- 32:28resilience, calm in the storm, you're
- 32:31able to navigate that. And it turns out
- 32:34the way to do that is a spiritual
- 32:36practice called forgiveness.
- 32:38I'm going to be releasing a video soon
- 32:40on the exact forgiveness protocol that
- 32:44Dave Asprey and his neuroscientist at 40
- 32:47Years of Zen recommend. The exact
- 32:49protocol.
- 32:51And I'm going to share this exact
- 32:52protocol with you. And I ask one thing,
- 32:54subscribe to this channel because that
- 32:57forgiveness protocol is coming. And by
- 32:59the way, this forgiveness protocol
- 33:01doesn't just make you a kinder, better
- 33:03person, it increases your resilience.
- 33:06And this has been scientifically proven.
- 33:08It makes your brain more like the brains
- 33:11of monks who have spent decades in
- 33:13meditation. Now, this principle is
- 33:16extremely counter to what many people
- 33:19are going to tell you. And it comes from
- 33:21Peter Diamandis.
- 33:23is the man who helped create private
- 33:26space travel. He created the X Prize
- 33:28Foundation. And through the X Prize
- 33:30Foundation, he helped create an
- 33:31incentivized prize to reward $20 to
- 33:35anyone who could create the world's
- 33:37first plane that could take you into
- 33:39orbit and down. I got to know Peter
- 33:40because I joined the Innovation Board of
- 33:42the X Prize. And I was fascinated by the
- 33:45sheer amount of businesses that Peter
- 33:48was involved with. So, one day I asked
- 33:50him, "Peter, do you believe in
- 33:51multitasking? Because everyone I hear
- 33:54says focus on one thing."
- 33:56And this is what Peter told me.
- 33:58He said, "Vision, some of the greatest
- 34:01entrepreneurs I know do not focus on one
- 34:04thing.
- 34:05How many companies does Richard Branson
- 34:07have? Steve Jobs, he was CEO of Pixar
- 34:10and Apple at the same time. Elon Musk,
- 34:13CEO of Tesla and SpaceX. So, this idea
- 34:15that you have to focus on one thing, it
- 34:19applies to most people.
- 34:21But there is a breed of founder that
- 34:24actually does better when they focus on
- 34:27multiple things. So, don't buy into that
- 34:31focus on one thing philosophy.
- 34:34He went on to say that he's the type of
- 34:35founder that thrives when you multitask.
- 34:39I know I'm that type of founder as well.
- 34:42If I focus on one thing,
- 34:44this is what happens. I start getting so
- 34:47deep in that one thing, I get bored. I
- 34:50also end up stepping in too deep. I
- 34:52frustrate my employees. I end up getting
- 34:54obsessed in that one thing. I need
- 34:56multiple projects. Currently, I'm
- 34:59running five different companies. And I
- 35:02love it. And my team loves it because
- 35:04they get to go deep with me in different
- 35:07things without me being obsessed over
- 35:10just one tiny thing. So, I want you to
- 35:13know this.
- 35:14As we're moving into an age of AI
- 35:16enabling entrepreneurship, this ability
- 35:19to multitask becomes an advantage even
- 35:22bigger than before. Let me give an
- 35:24example why. We're entering an age where
- 35:27you can get on a tool like Claude and
- 35:28ask Claude to build you something. You
- 35:30can literally code your own app into
- 35:32existence. But, here's the issue.
- 35:36Claude can go run of its own, code a
- 35:38particular feature for your app. But,
- 35:40that's going to take 10 to 20 minutes.
- 35:42If you're focused on one thing, what do
- 35:44you do in that meantime?
- 35:45Are you going to be watching TV? Are you
- 35:47going to be reading a book? Now, what I
- 35:49like to do is I like to have three
- 35:51different screens on my computer. The
- 35:53first screen, I'm using Claude to write.
- 35:56The second screen, I'm using Claude to
- 35:57code. The third screen, I'm using Claude
- 36:00to think about strategy. I actually
- 36:02focus on three different things
- 36:04simultaneously, screen to screen to
- 36:07screen. Now, that's my founder DNA. It
- 36:10makes me significantly more productive.
- 36:14If I'm focused on just one thing, I
- 36:16break my flow. I get impatient while
- 36:20waiting for those 5 to 20 minutes cycles
- 36:24for Claude to actually output something.
- 36:26So, this new era of work actually gives
- 36:28you the ability to do that. And I
- 36:31believe Peter Diamandis' advice doesn't
- 36:33apply to everyone, but we've been so
- 36:36told that we need to focus on one thing
- 36:38that many people, maybe you, that have
- 36:40an advantage to multitask often limit
- 36:43yourself. Don't do that. If you need to
- 36:46focus on one thing, great. That's good
- 36:49for you. If you need to focus on
- 36:50multiple things, that's good, too.
- 36:52Principle number nine is a lesson I
- 36:54learned from the Dalai Lama.
- 36:56In 2009,
- 36:58I was invited to speak in Calgary
- 37:00on a stage when the Dalai Lama was
- 37:03visiting Canada. I was dearly honored to
- 37:06share the stage with the Dalai Lama. And
- 37:08after the Dalai Lama's talk, I was given
- 37:10a private audience with him in a room of
- 37:13fellow speakers. There I was in this
- 37:16beautiful room with the Dalai Lama and
- 37:17many other monks in his entourage. I was
- 37:20there with my then wife, Christina.
- 37:23Christina and I were so blessed and
- 37:24wanted to be there. And when it came
- 37:27time to ask the Dalai Lama a question,
- 37:30Christina was selected. Her question was
- 37:33this, "How is it possible to be happy
- 37:35when we see so much misery in the world
- 37:38these days?" The Dalai Lama's response
- 37:40was this, "Well, who can you help if you
- 37:44are unhappy?
- 37:46You must be happy first. And that is a
- 37:49really powerful idea.
- 37:51It's not just Buddhist philosophy.
- 37:53Turned out, science validates this. See,
- 37:56there's a famous book by Shawn Achor
- 37:59called The Happiness Advantage. Shawn is
- 38:00a researcher at Harvard, and he in his
- 38:02book did multiple studies that show that
- 38:06when you are happy, you simply do
- 38:08better. Salespeople who are positive are
- 38:1055% better at closing a sale. Doctors
- 38:13who are happy are 19% better at
- 38:16diagnosing patients.
- 38:18Kids who are happy do better in their
- 38:20exams. There's another book by Shirzad
- 38:22Charmin called PQ Positivity Quotient.
- 38:25Just like we have an IQ, we have a
- 38:26positivity quotient, which is how much
- 38:29happiness we can hold on to even when
- 38:30life is hard.
- 38:32And in his book, Shirzad Charmin cites
- 38:34multiple studies that show that if you
- 38:36look at how teams operate, the number
- 38:39one thing that determines the
- 38:40productivity of a team is this, the
- 38:42overall happiness level of that team.
- 38:44They did studies where within teams in
- 38:46corporations, bring in an actor. Nobody
- 38:49knew that this person wasn't an actor,
- 38:50but the actor's job in the team was to
- 38:52bring coffee for everyone, compliment
- 38:54people, crack a joke, or laugh. Just
- 38:56like really
- 38:58little things that elevate happiness.
- 39:00Those teams did the best. And Charmin
- 39:04said, "Happiness is the only thing that
- 39:08correlates with the performance of a
- 39:11team, or rather the overall
- 39:13level of happiness in a team." I call
- 39:15this principle bliss-cipline. It is the
- 39:17discipline of ensuring that you have
- 39:20bliss in your life. Now, bliss does not
- 39:22mean fake optimism. There are going to
- 39:25be moments when you might be
- 39:26experiencing a great loss, when your
- 39:28health might be off, and it's going to
- 39:31drop your happiness. Bliss-cipline is
- 39:34how fast you can bounce back, how fast
- 39:36you can see the upside. And if you can
- 39:39do that and keep yourself in that state
- 39:42and emanate it to the people around you,
- 39:44your teams do better, your work becomes
- 39:47better. I'm reminded of one of my
- 39:49favorite poems of all time. It was
- 39:51written roughly around 1880, and the
- 39:54poem goes like this,
- 39:56"I was early taught to work as well as
- 39:58play. My life has been one long, happy
- 40:02holiday, full of work, full of play, and
- 40:06God was good to me every day."
- 40:09Think about that poem. It sounds like a
- 40:10guy who led a pretty relaxed, happy
- 40:12life.
- 40:13But that's not the man who wrote the
- 40:15poem.
- 40:16The man who wrote that poem is John D.
- 40:17Rockefeller.
- 40:18John D. Rockefeller
- 40:20in 1880 was the richest man
- 40:23who lived, the richest man who ever
- 40:26lived until recently, until Elon,
- 40:28literally wrote a poem about his great
- 40:31secret.
- 40:33And in that poem
- 40:34he mentioned the word happiness multiple
- 40:37times. So, let that sink in.
- 40:40Happiness
- 40:42is a tool for wealth. It is a tool for
- 40:45success. It is a tool, we know this, for
- 40:47health. So, if you're working as a
- 40:50founder and you're miserable,
- 40:53you're basically making life hard for
- 40:56yourself.
- 40:57If you hate your job, you're never going
- 40:59to succeed at it. Find what you love and
- 41:02ensure that your happiness is protected.
- 41:05That is the essence of the term
- 41:07blissipline.
- 41:09Write it down on your mirror. Put it as
- 41:12a screensaver. Remember blissipline.
- 41:15I'll be creating a video shortly on the
- 41:17science of blissipline in organizations
- 41:21and I'll share with you some tips to
- 41:22bring blissipline into yourself and the
- 41:25close people you work with. So, stay
- 41:27with me because what I'm going to do now
- 41:28is give you a recap of the nine
- 41:31principles and tell you where you can
- 41:33learn more and go deeper.
- 41:34The first is tolerate pain. The second
- 41:38principle is know your why.
- 41:42The third principle,
- 41:43can you guess? Do you remember? It is
- 41:46stay in the zone of vision.
- 41:49The fourth principle is leverage
- 41:52upside-down thinking, not fear-based
- 41:55thinking.
- 41:56Principle number five is failure is the
- 42:00curriculum.
- 42:01Principle number six is
- 42:05the inner game is greater than the outer
- 42:08game.
- 42:09Number seven,
- 42:10learn
- 42:12the importance of optimizing
- 42:14consciousness. There's a video on this
- 42:16called the seven sacred states, which
- 42:18you will be able to watch on this
- 42:20channel, so click follow.
- 42:22Principle number eight is multitasking
- 42:26rules. If you are drawn to it, it
- 42:29doesn't mean you're distractible. It
- 42:32could be your way of work. Embrace it.
- 42:34And principle number nine, and another
- 42:36video is coming up on this principle, is
- 42:38practice discipline, just like John D.
- 42:42Rockefeller.
- 42:43So, I hope you found these rules useful.
- 42:46I hope you find this video useful. I go
- 42:49deep into this and all of these
- 42:51principles in my book, The Code of the
- 42:53Extraordinary Mind. That book in 2017
- 42:56became the number one book in the world
- 42:59on Amazon for 5 days.
- 43:02It made me briefly the number two author
- 43:05globally in the world, and there's a
- 43:07reason for that. That book is written in
- 43:09a really candid funny way with
- 43:11incredible stories from many of these
- 43:13personalities. I go deeper with many of
- 43:15these incredible wonderful people that I
- 43:17was able to spend time with, and I share
- 43:19their lessons, and I hope you enjoy it.
- 43:21Go check it out. I'd love to know which
- 43:23principle landed with you most, and what
- 43:26was your takeaway? Are there any
- 43:27principles here that you really have
- 43:29been applying in your business? Leave a
- 43:31comment. I'd really love, and I know
- 43:33other commenters as well would really
- 43:35love to see what you're applying in your
- 43:38life and how it's working for you.
About this transcript
This page contains the full transcript of Everything I Learned From Being Around The Top 0.1% by Vishen, generated from the public captions YouTube serves with the video. The transcript has 7,352 words across 1,118 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.
What you can do with it
Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to translate the transcript into 100+ languages.
Free YouTube transcript tool
YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, translation to 100+ languages, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.