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Millionaire REVEALS: How to Get RICH! Alex Hormozi — Transcript

by Lewis Howes · 11,677 words · 1,568 segments · language en · Watch on YouTube

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  1. 0:00everyone wants you to do well but just
  2. 0:01not better than them and so the people
  3. 0:03that will continue to root for you tend
  4. 0:04to be above you the closer people are to
  5. 0:06you when you're at your bottom the more
  6. 0:08they'll work for you at the bottom but
  7. 0:09as you pass them you remind them of the
  8. 0:12dreams that they gave up on whenever
  9. 0:14someone disapproves of my current
  10. 0:16activities I'd say like to be clear you
  11. 0:18would prefer I live my life the way you
  12. 0:20want to live my life okay I don't and
  13. 0:22you have absolute autonomy to live your
  14. 0:24life the way you want to live it I would
  15. 0:25prefer to build a life that the respite
  16. 0:28from my life is of the highlight you
  17. 0:30don't build confidence by shouting
  18. 0:31affirmations in the mirror but by giving
  19. 0:33yourself a stack of undeniable proof
  20. 0:35that you are who you say you are out
  21. 0:36work yourself out and so I
  22. 0:38wholeheartedly reject the notion that
  23. 0:39you can beat your chest and have
  24. 0:41Charisma because I believe that
  25. 0:42confidence without evidence is
  26. 0:44delusion I think I first had you on
  27. 0:46you're around 60 or maybe $80 million in
  28. 0:49Assets Now closer to 200 million range
  29. 0:52massive success you've grown your
  30. 0:54audience so big what has changed in you
  31. 0:56around mindset Behavior or confidence to
  32. 0:58help you unlock this next next level in
  33. 1:00the last year you I would definitely say
  34. 1:02it comes down to I think you got to have
  35. 1:04a dream the school of greatness really
  36. 1:07yeah please welcome Le how welcome back
  37. 1:10everyone at the school of greatness very
  38. 1:11excited about our guest we have the
  39. 1:12inspiring Alex heroi in the house good
  40. 1:14to see you the man who builds buys and
  41. 1:18sells massive companies worth over 200
  42. 1:20million in your assets now acquisition.
  43. 1:23comom and you have built a 5 million
  44. 1:25person following in less than two years
  45. 1:28and you had one of the biggest online
  46. 1:29events recently which I want to talk
  47. 1:31about in a moment but first off you're
  48. 1:33known for making money you're known for
  49. 1:36developing incredible habits you're
  50. 1:37known for having a chiseled physique and
  51. 1:40you're known for working extremely hard
  52. 1:43to get what you want in business and in
  53. 1:45life but we were talking about before
  54. 1:47about behaviors habits and
  55. 1:50mindsets what do you think is it within
  56. 1:53you that is allowed you to get to where
  57. 1:55you're at so quickly and obviously
  58. 1:56there's a backstory and a background
  59. 1:58we've talked about before where it was
  60. 2:00more than a decade of building yourself
  61. 2:02but really in the last couple years
  62. 2:03you've exploded without being on a big
  63. 2:06Netflix show without having a celebrity
  64. 2:08movie come out without being a celebrity
  65. 2:10you've exploded with Celebrity Status is
  66. 2:13it a mindset is it confidence is it
  67. 2:16behaviors what is it that has allowed
  68. 2:17you to get
  69. 2:19there you know I would definitely say it
  70. 2:21comes down to skills um and if we're
  71. 2:24just defining skills as things that you
  72. 2:27do when introduced to some sort of
  73. 2:28external stimulus that gets them an
  74. 2:30outcome and I think simplifying a lot of
  75. 2:33the woow woo around mindset performance
  76. 2:37confidence like all of that stuff if you
  77. 2:39can boil it down to at the end of the
  78. 2:40day even identity right all it is is a
  79. 2:43list of behaviors that we do and so I
  80. 2:46used to think earlier on when I would
  81. 2:47even explain to entrepreneurs like when
  82. 2:49I was looking at entrepreneurs we had a
  83. 2:50matrix for how we would kind of like
  84. 2:51score them so you've got you've got
  85. 2:53beliefs that will limit entrepreneurs
  86. 2:54you've got traits that will limit
  87. 2:56entrepreneurs and then you have skills
  88. 2:58and that was my kind of that was my
  89. 2:59framework for a very long time and then
  90. 3:01I um had a very long discussion with Dr
  91. 3:03cashy my closest friend and he was like
  92. 3:04I really want to challenge you on this I
  93. 3:06was like okay he
  94. 3:08said can you teach someone a trait I was
  95. 3:12like what do you mean he's like well
  96. 3:13let's say someone's uh loyal right okay
  97. 3:17you want to teach loyalty that's a
  98. 3:19trait loyalty is an amorphous word but
  99. 3:21has like a lot of laundry list of many
  100. 3:23skills underneath of it which is okay
  101. 3:25when you go out with your friends and a
  102. 3:26girl comes up to the group of friends
  103. 3:28and let's say you're married whatever
  104. 3:29ever in that instance and she says can I
  105. 3:32buy you a drink you say no do you think
  106. 3:35I can train someone to do that I was
  107. 3:36like yeah I think you could train
  108. 3:37someone to do that it's like okay now
  109. 3:40take every other line item underneath of
  110. 3:42loyalty that would be examples of
  111. 3:43loyalty those are behaviors that can be
  112. 3:45trained which means that loyalty is a
  113. 3:46skill I was like huh and he was like now
  114. 3:50let's push on beliefs right well beliefs
  115. 3:52it's like okay A belief means you you
  116. 3:54see a certain way the world is and then
  117. 3:56you behave a certain way as a result
  118. 3:57which is still stimulus response which
  119. 4:00means that you can train someone to
  120. 4:01respond based on a stimulus and so that
  121. 4:05really simplifies a lot of performance
  122. 4:09success Etc to Simply like what do I
  123. 4:12need to do when this condition is
  124. 4:13presented and then you get out of the
  125. 4:16like how are my emotions feeling and I
  126. 4:19need to think positively and all of
  127. 4:21these things into simply like you can be
  128. 4:24as negative as you want you can be as
  129. 4:25fearful as you want you can be as angry
  130. 4:27as you want you can be as ashamed as you
  131. 4:28want if you still post this amazing
  132. 4:32piece of content in any of those
  133. 4:33emotional states it will still perform
  134. 4:35the
  135. 4:36same and so it's just that like the
  136. 4:38doing has to get done right no matter
  137. 4:41what and that's the only thing that
  138. 4:42moves the ball forward and I think a lot
  139. 4:45of it is been able is is cutting out a
  140. 4:47lot of the fluff and the noise that is
  141. 4:49very loud in the marketplace of the
  142. 4:51hundred things you all have to do in
  143. 4:53order to be successful
  144. 4:56when I know just like you do a ton of
  145. 4:58incredibly suc successful entrepreneurs
  146. 5:00and their habits are actually incredibly
  147. 5:02varied some are night owls some are
  148. 5:05morning people some work all the time
  149. 5:07some only like to work a couple hours a
  150. 5:09week some are huge and realistic you
  151. 5:10know like there's the some are super
  152. 5:12healthy and health obsessed and others
  153. 5:14you know are warm buff it drinking Coke
  154. 5:15and eating in McDonald's so whenever
  155. 5:18there's these rules that people like to
  156. 5:20put on and everyone wants to have these
  157. 5:21rules because they want to think okay if
  158. 5:23I do what Warren Buffett does then I'll
  159. 5:24get what Warren Gets but what they do is
  160. 5:25I think they emulate the wrong part of
  161. 5:27Warren Buffett and so should they be
  162. 5:30emulating you have to look back in time
  163. 5:32and I think that's one of the things
  164. 5:33people model the plateau not the not the
  165. 5:35rise and so it's like uh you know we
  166. 5:37have a bunch of buddies Mutual that have
  167. 5:39exited companies for hundreds of
  168. 5:40millions of dollars and then they get
  169. 5:42like really obsessed with their health
  170. 5:44and they have these massive morning
  171. 5:46routines and they just get upset you all
  172. 5:47these supplements and red lights on us
  173. 5:49and and ice ice lues and whatever right
  174. 5:51right and and so what ends up happening
  175. 5:54is everyone who's watching says oh this
  176. 5:56person's successful this is what they do
  177. 5:58I should do that but they what what got
  178. 6:01them there is not what they're doing now
  179. 6:03right so it's like you want to model the
  180. 6:04rise and so a lot of times the rise is a
  181. 6:06lot of imbalance it's not always healthy
  182. 6:08On The Rise no I would even getting out
  183. 6:11of like defining Health right but like I
  184. 6:13would say that there's there're absolute
  185. 6:14trade-offs and it's just whether or not
  186. 6:16you're willing to pay the price for it
  187. 6:17and I think then we we can we can take
  188. 6:19off the label of like this is good this
  189. 6:20is bad this is healthy this is unhealthy
  190. 6:23and just simply say like if the Nikes
  191. 6:25that you want on the wall are $500 that
  192. 6:27is the price you can just choose to pay
  193. 6:29it or not not but if you choose to pay
  194. 6:30the $500 for the Nikes you don't then
  195. 6:32say this was unhealthy or this was bad
  196. 6:35or you label it you just make the trade
  197. 6:37and I think that that's where a lot of
  198. 6:39people spend all this time analyzing
  199. 6:41themselves like feeling about their
  200. 6:43feelings thinking about their thoughts
  201. 6:45rather than just executing like one of
  202. 6:48the best morning routines I can I can
  203. 6:50recommend to any person on earth is that
  204. 6:51you wake up and you decrease the time
  205. 6:53between when you wake up and when you
  206. 6:54start
  207. 6:55working like I I need 90 minutes before
  208. 6:58I can really it's like if you're looking
  209. 7:00for those types of financial results
  210. 7:01totally yeah yeah if you want more of a
  211. 7:03balanced life and you love your morning
  212. 7:05routine to be chill and relaxed do you
  213. 7:07then know you're going to get totally
  214. 7:09the the results that what you put in
  215. 7:10there yeah do you think it's possible to
  216. 7:13get extremely wealthy or amass a large
  217. 7:16sums of wealth by having a lazy
  218. 7:20mindset I really like this question I
  219. 7:22don't know if it's where where you were
  220. 7:24wanting me to go but I do like the
  221. 7:25question a lot um so I yes for probably
  222. 7:30a different reason that people might
  223. 7:32expect
  224. 7:33so I actually think in some ways the
  225. 7:35lazier you are if you can get over the
  226. 7:37initial hump the more successful you can
  227. 7:39be because what happens is if you give a
  228. 7:40hardworking person a problem they give
  229. 7:42you a hardworking solution if you give a
  230. 7:44lazy person a problem they'll give you a
  231. 7:45lazy man solution what's the easiest way
  232. 7:47to do this right and a lot of times some
  233. 7:49of the best problems in the world get
  234. 7:50solved by deciding they're not problems
  235. 7:51what do you mean it's like uh let's say
  236. 7:55let's say Lela says you know babe and I
  237. 7:58don't like being called babe right now I
  238. 8:00could I could have a huge discussion
  239. 8:02about this and this is our plan so we
  240. 8:04can you know get you out of saying this
  241. 8:05because it makes me feel this way it
  242. 8:07reminds me of my mom whatever right or
  243. 8:09you just let it go or I decide that it's
  244. 8:11not a problem and it's way faster to
  245. 8:13solve problems that way by deciding
  246. 8:14they're not problems to be in with
  247. 8:15interesting and um and so with from the
  248. 8:17lazy the lazy men's perspective I I'm a
  249. 8:20big believer in working smarter not
  250. 8:22harder with the massive caveat that you
  251. 8:26have to work incredibly hard to get
  252. 8:28smart so what do you mean by that you
  253. 8:30have to have a massive amount of skills
  254. 8:31you have to overcome your limiting
  255. 8:32beliefs you've got to get more knowledge
  256. 8:35take more classes develop yourself build
  257. 8:38more confidence let go of these St
  258. 8:39challenges in order to get to that level
  259. 8:43yeah we all have to pay down the most
  260. 8:44expensive debt that we all pay every day
  261. 8:46which is the debt of not knowing
  262. 8:48ignorance debt and like every single I
  263. 8:50mean I love this uh this close that I
  264. 8:53saw at a presentation years ago and I
  265. 8:56just it's just so good so man's looking
  266. 8:58out the audience
  267. 9:00and he's got this whiteboard he writes a
  268. 9:01million dollars across the top and then
  269. 9:04he says ma'am how much do you make and
  270. 9:08she says $50,000 so he writes $50,000
  271. 9:10underneath the million and then he
  272. 9:12subtracts it and it says $950,000 he
  273. 9:14looks at he says every single year he
  274. 9:17said you pay life $950,000 for not
  275. 9:20knowing how to make a million
  276. 9:22dollars and so the question is like how
  277. 9:25much is it how much is that skill worth
  278. 9:27the difference that's what it's worth
  279. 9:29right whatever that difference is and
  280. 9:30however long it takes and so every and
  281. 9:32like it's one of the haunting thoughts
  282. 9:33that I have of like man why am I not
  283. 9:35making a billion dollars a year it's
  284. 9:36like because right now I'm paying $800
  285. 9:38million a year in ignorance tax for not
  286. 9:40knowing how to make a billion right or
  287. 9:43to be fair or relationship tax or IGN
  288. 9:44tax or whatever right yeah timing tax it
  289. 9:47could be a timing thing it could be you
  290. 9:49know are you in the right industry thing
  291. 9:50whatever it might be and you got to I
  292. 9:52mean obviously this is for people that
  293. 9:54you know you don't have to be a
  294. 9:55billionaire or make a million yeah it's
  295. 9:57like okay do I want to be at 100,000 do
  296. 9:59I want to be at 70,000 do I want to be
  297. 10:01at 350 or whatever it is first off why
  298. 10:03do you want to be there why is it
  299. 10:05important for you and are you willing to
  300. 10:07pay the price to be there if not then
  301. 10:09it's okay live your life yeah you I was
  302. 10:12just you won you're not you're not
  303. 10:14obsessing over something I was just
  304. 10:15watching the show alone I don't know if
  305. 10:16you ever watched this show it's
  306. 10:18fascinating it's about people that live
  307. 10:20alone in Wilderness and they have to
  308. 10:22survive okay it's on a History Channel I
  309. 10:24think it's actually incredible I'm like
  310. 10:26I could last maybe 3 days you know it's
  311. 10:27like as long as my fat was survive me uh
  312. 10:30it's like CU they're in Alaska it's the
  313. 10:32winter you got to do the whole thing
  314. 10:33right and you're only allowed 10 items
  315. 10:35oh so you have to choose your items
  316. 10:36wisely to be able to survive the longest
  317. 10:38you can in the
  318. 10:39wilderness and um after like 50 days
  319. 10:43there's like three people left I think
  320. 10:45it starts with 10 or 20 right and all
  321. 10:46these people leave they tap out okay and
  322. 10:48they leave and after the 50th day the
  323. 10:51people are like man you've got to they
  324. 10:54start you start to hear their mindset
  325. 10:55unravel as it gets harder and harder
  326. 10:58yeah and you have to ask they have to
  327. 10:59ask themselves why am I doing this why
  328. 11:02why do I care now there's a $500,000
  329. 11:04prize at the end for the winner but you
  330. 11:06start to hear them say like I really
  331. 11:07don't need that much yeah like I'm
  332. 11:09pretty happy like it's just my
  333. 11:11girlfriend or like my dog or like you
  334. 11:13know living on the land like I don't
  335. 11:15need a fancy big home I don't need this
  336. 11:17nice car I don't need to impress people
  337. 11:20um in a certain way like I'm happy with
  338. 11:22where I'm at and here's what I do need
  339. 11:24and this is going to bring me joy yeah
  340. 11:26but for the people that why do you think
  341. 11:29people are so obsessed with making more
  342. 11:30money though and becoming a millionaire
  343. 11:32or becoming aund millionaire or a
  344. 11:34billionaire why do people even think
  345. 11:35about it or are focused on that the whys
  346. 11:38are tough um because I can never have
  347. 11:40insight into why other people do things
  348. 11:42rather than that they do them um but I
  349. 11:44would say that it seems like at least I
  350. 11:47would say more men than women are money
  351. 11:50focused and that is probably because
  352. 11:52more women than men are finding are
  353. 11:54attracted to mates who have resources
  354. 11:58and I love this quote by idra Alba he
  355. 12:00said
  356. 12:01um men fall in love with what they see
  357. 12:05women fall in love with what they
  358. 12:07hear which is why women will always wear
  359. 12:09makeup and men will always lie oh man I
  360. 12:12just like love the quote because it's
  361. 12:14like it just it just I think speaks to
  362. 12:16the heart of you know how men and women
  363. 12:19at least socially uh measure status
  364. 12:21which is kind of the second piece which
  365. 12:22is people don't really want money
  366. 12:24especially at the highest levels of the
  367. 12:26game it's not about money at all it's
  368. 12:27about status cuz I mean you can only you
  369. 12:29can only it's only chicken and rice even
  370. 12:31at the highest levels like you can only
  371. 12:33eat so much food you can't eat gold you
  372. 12:34can't eat diamonds and after a certain
  373. 12:37point you can only consume so much so
  374. 12:38then money's only purpose is to go make
  375. 12:40more money so that you can do what make
  376. 12:42more money right people care more about
  377. 12:44status influence or power with money
  378. 12:48always that a like do they which one
  379. 12:51yeah do people care more about do you
  380. 12:52think having status yeah having
  381. 12:54influence or having power I think
  382. 12:56depends on the person honestly um I mean
  383. 12:59there's definitely from everything that
  384. 13:01at least my beliefs around the world I
  385. 13:03think there are people definitely who
  386. 13:04prefer to be behind the scenes and
  387. 13:05moving things making the world the way
  388. 13:07they want it to be and then there are
  389. 13:09other people who prefer to have uh and
  390. 13:12that's also huge influence it's just one
  391. 13:13is uh credit with the influence and
  392. 13:17sometimes it's credit without the
  393. 13:18influence um or the or the the reverse
  394. 13:21and so I don't know if I can answer for
  395. 13:23for all of those people but I think the
  396. 13:24motivations for making money can be
  397. 13:26diverse but I think if I had if I had to
  398. 13:28generalized with the the broadest
  399. 13:29brushstroke I would say for men
  400. 13:31specifically we get more status and we
  401. 13:33have more money do you think that's what
  402. 13:35men are chasing more as a status to of
  403. 13:37it really yeah if women all of a sudden
  404. 13:39only want if they if the hotness of the
  405. 13:42girl was directly correlated with how in
  406. 13:43shape the guy was there' be way more in
  407. 13:45shape guys right I mean let's let's
  408. 13:48let's flip the script because we
  409. 13:49actually have some evidence on this so
  410. 13:50like if you look at gay men in general
  411. 13:53men who are attracted to men uh the gay
  412. 13:56population I would say has the uh stigma
  413. 13:59and I say this a positive whatever a
  414. 14:00positive stigma is of being more in
  415. 14:02shape than straight guys really yeah oh
  416. 14:05my God there's way more like tons of
  417. 14:07super and shaped gay guys because men
  418. 14:10look they they fall in love with what
  419. 14:12they see and they're both they're both
  420. 14:15physically fit they both and so they're
  421. 14:16both men and so gay men will be have to
  422. 14:18be or try to be in better shape i' would
  423. 14:20say on average than straight men right
  424. 14:22because the person they're trying to
  425. 14:23attract has a different Honey Trap you
  426. 14:25can be a fat slob and if you're a
  427. 14:26billionaire you're going to get whatever
  428. 14:27girl you want un necessarily whatever
  429. 14:29girl we want but you will get a girl
  430. 14:30that you could probably still brag about
  431. 14:32right right right we're speaking in
  432. 14:33generalizations but this is overall is
  433. 14:35what you're you're seeing here yeah why
  434. 14:37do you think people are what do you
  435. 14:39think is keeping people trapped in
  436. 14:42staying average in their life or not
  437. 14:44wanting to go beyond where they're
  438. 14:46currently at is it confidence behavior
  439. 14:50skills identity beliefs what you know
  440. 14:53combination what keeps people trapped in
  441. 14:54being average I think if you were to ask
  442. 14:57them many of them would say something to
  443. 14:58the extent of I'm afraid of failing if
  444. 15:01you like peeled it back but I actually
  445. 15:03think that's false I don't think
  446. 15:05anyone's afraid of failing I think
  447. 15:07everyone's afraid of other people seeing
  448. 15:08themselves fail and getting judged for
  449. 15:11it and that's what keep people trapped
  450. 15:13right because what it is is a loss of
  451. 15:15status right they're afraid of a loss of
  452. 15:17status and you have a GU you there's
  453. 15:20like there's short-term pain that you
  454. 15:23have to go through when you do anything
  455. 15:25new unless you're immediately successful
  456. 15:27which almost no one is you usually have
  457. 15:30to take a step back in order to take two
  458. 15:32three 10 steps forward right like if you
  459. 15:33have a high-paying job so I was a
  460. 15:35consultant for example and I had all the
  461. 15:37status for somebody at my age uh working
  462. 15:40at a you know big firm graduating three
  463. 15:42years I had all that stuff um but then
  464. 15:44when I quit that to start basically
  465. 15:46being a personal trainer at a gym that
  466. 15:48was a big decrease in status in terms of
  467. 15:50my like relative standing compared to my
  468. 15:51peers cuz now you starting something new
  469. 15:54you have to break into an industry now
  470. 15:56you don't have credibility and
  471. 15:57relationships you have to sell yourself
  472. 15:59all over again as a beginner yeah it's
  473. 16:02hard yeah and I remember when I would
  474. 16:03have uh women come to the gym be like
  475. 16:05did you go to college and I was like I
  476. 16:08mean I graduate magn from vandero yeah
  477. 16:10you know what I mean but like I remember
  478. 16:12thinking wow this doesn't matter at all
  479. 16:14it doesn't matter doesn't matter at all
  480. 16:16and so I was uh really well equipped for
  481. 16:18not what I was
  482. 16:20doing so overqualified yeah and
  483. 16:23underqualified at the same time right
  484. 16:25for the actual job and so it there's a
  485. 16:27there's a big pill of humility that I
  486. 16:29think a lot of people aren willing to
  487. 16:30take because it hurts to drop in status
  488. 16:33like you know like oh you'll get there
  489. 16:35man like Hey we're rooting for you you
  490. 16:37know and it's it's it's inter because um
  491. 16:40I remember the early days of the gym
  492. 16:41when I was like sleeping on the floor um
  493. 16:44a lot of my clients were like good for
  494. 16:46you chasing your dream you know all that
  495. 16:48stuff like really rooting for me and um
  496. 16:50you know within 9 or 12 months I had
  497. 16:52hired some people and I had a manager
  498. 16:53and I was able to not literally live at
  499. 16:55the gym sleep there um I remember pulled
  500. 16:58up one day and I walked in and like four
  501. 17:00or five ladies who've been there for a
  502. 17:01while were like ah Bossman here like I
  503. 17:04thought you're too good for us and um
  504. 17:06they were saying it in just but I knew
  505. 17:08that there was like a hair of truth to
  506. 17:10it and that was when I realized the
  507. 17:14truism like everyone wants you to do
  508. 17:16well but just not better than them and
  509. 17:18so the people that will continue to root
  510. 17:20for you tend to be above you and as you
  511. 17:22pass people cuz hate only comes from
  512. 17:25below like no one above you is hating on
  513. 17:27you because they're not thinking about
  514. 17:29you because winners focus on the goal
  515. 17:30losers focus on winners and
  516. 17:33so hard it's hard to be it's hard to be
  517. 17:36a Creator and a Critic at the same time
  518. 17:38you don't see other authors leaving
  519. 17:40negative reviews for people's books on
  520. 17:43Amazon they're not going there and
  521. 17:44saying this is the worst book ever
  522. 17:46written or you're regurgitating
  523. 17:48everything or whatever it is they're too
  524. 17:50focused on creating something and and
  525. 17:52putting their art out and they in the
  526. 17:54world it's the critics who are unwilling
  527. 17:55to try on the sidelines right that's the
  528. 17:58challenge thing so when you were saying
  529. 18:00there is when you were kind of living in
  530. 18:02the gym building yourself up and not
  531. 18:04successful you had more people rooting
  532. 18:06for you then once you started to surpass
  533. 18:08a certain level a group then they
  534. 18:10started to say okay you're you're too
  535. 18:12good for us now and so it's interesed so
  536. 18:14I like I think about this stuff a lot
  537. 18:16but the closer people are to you when
  538. 18:18you're at your bottom the more they'll
  539. 18:21work for you at the bottom but as you
  540. 18:23pass them in whatever material thing
  541. 18:25your you know Pursuit is you remind them
  542. 18:28of the dreams this is uh some
  543. 18:30paraphrasing of a conversation I had
  544. 18:31with Chris Williamson um you remind them
  545. 18:35of the dreams that they gave up on and
  546. 18:38so you you go from being the person who
  547. 18:40reminds them that they could go after
  548. 18:41their dreams to reminding them that they
  549. 18:43never went after them to begin with and
  550. 18:45then what happens at least this has been
  551. 18:46my experience is that you go through
  552. 18:48this period where no one from your
  553. 18:49hometown or who who knew you in the
  554. 18:51beginning approves and then what happens
  555. 18:54is absolute strangers from the internet
  556. 18:55who never saw the beginning become a
  557. 18:57bigger fan of you because they can
  558. 18:58relate to the story but because you
  559. 18:59weren't from you weren't their nextdoor
  560. 19:01neighbor they don't feel blame for them
  561. 19:03not having achieved whatever yet because
  562. 19:05if everyone in your friend group when
  563. 19:07you're coming up they all see that like
  564. 19:10as on some level in my opinion they see
  565. 19:12that they have the exact same access to
  566. 19:14resources opportunities that you do and
  567. 19:16then for some reason they haven't done
  568. 19:17something so it's painful because I
  569. 19:19think there's some Sting of inadequacy
  570. 19:21that they probably self- judge as a
  571. 19:22result of that now to be fair plenty of
  572. 19:24people are secure and are very happy
  573. 19:26with their lives which is awesome but I
  574. 19:27think there is definitely some people
  575. 19:29yeah who aren't as pumped about it um
  576. 19:31which then kind of gets into like to go
  577. 19:33all the way back to the very beginning
  578. 19:34we say like why don't people do the
  579. 19:36stuff that they want to do I think it's
  580. 19:38because they can't even hear their own
  581. 19:39voice because the only voice they can
  582. 19:41hear is everyone else's and they can
  583. 19:43like there's just barely a whisper and
  584. 19:45so I think like if I had to give myself
  585. 19:47a goal of what my story or Journey or
  586. 19:51trajectory has been it's been to make my
  587. 19:53voice the loudest one that I can hear
  588. 19:56and for my approval of myself to be the
  589. 19:59one that I care the most about I think
  590. 20:02epic said something to the degree
  591. 20:05of if you need someone else to Bear
  592. 20:10witness to whatever the thing
  593. 20:14is don't you should be able to be your
  594. 20:17own witness you should have enough
  595. 20:20integrity and um belief in self I'm
  596. 20:24massively paraphrasing but he said that
  597. 20:26and I just like when I've had really
  598. 20:28tough times I um I write in this diary
  599. 20:32to
  600. 20:33myself and it's to my 85-year-old self
  601. 20:36and so okay you might really find this
  602. 20:38interesting I think your audience I do
  603. 20:39like this so there's something called
  604. 20:41the Solomon Paradox are you familiar
  605. 20:42with this explain it okay so the Solomon
  606. 20:45Paradox basically states that humans
  607. 20:47give better advice to other people than
  608. 20:48they follow themselves yes and like
  609. 20:50they've proven they they whitewash stats
  610. 20:52they even describe people's own life to
  611. 20:55themselves but change the names Etc and
  612. 20:58and then say what should this person do
  613. 20:59and what they recommend the person do
  614. 21:02differs from what the person actually
  615. 21:03does and it's because we have some sort
  616. 21:05of emotional context of the situation
  617. 21:07and so then we can make logical
  618. 21:08decisions as a result and so we make
  619. 21:10poor decisions right so take that as
  620. 21:13data point1 we give better advice to
  621. 21:15other people than we follow to ourselves
  622. 21:18the second you know kind of issue that
  623. 21:19I've had overall is I've never I've
  624. 21:21never had a lot of success with the
  625. 21:23therapies and things like that
  626. 21:24personally a lot of the time it's
  627. 21:26because I feel like I have to one
  628. 21:28provide huge amounts of context for a
  629. 21:30single decision which becomes you know
  630. 21:3390% of my conversation is just trying to
  631. 21:35give context around then the session's
  632. 21:36over right exactly where we're going
  633. 21:38yeah and the third part is aligned
  634. 21:40incentives right um and I and I speak
  635. 21:42purely from a from a you know
  636. 21:44mechanistic perspective here which is
  637. 21:46that if you pay someone they want you to
  638. 21:49continue to see them 100% it just it
  639. 21:51just is what it is and you know Charlie
  640. 21:53Monger I think said people will ignore
  641. 21:55all sorts of facts if their paycheck
  642. 21:57relax on it right like he thinks the
  643. 21:59entire wealth management industry is
  644. 22:00just complete farce and so he uses that
  645. 22:02as his example cuz he's like they're
  646. 22:03incentivized to not see that they have
  647. 22:05no value at right right right then so
  648. 22:08everyone rationalizes around that and so
  649. 22:10you've got this misaligned incentive
  650. 22:11you've got someone who doesn't have
  651. 22:12context and you've also got this idea
  652. 22:16that we can give ourselves better advice
  653. 22:17than anyone else can and so in thinking
  654. 22:19about those three things together I was
  655. 22:21like maybe I can be my own therapist
  656. 22:25but don't do it for myself today
  657. 22:29talk to my 85-year-old self and so I
  658. 22:32actually run these chats it's my first
  659. 22:33morning meeting on Monday every week
  660. 22:35it's called Solomon time and so I talk
  661. 22:38about what's on top of mine now I also
  662. 22:40to self yeah yeah so I chat like it's
  663. 22:43like a DM chat so it's like hey this is
  664. 22:45what's going on right now and then it's
  665. 22:46future me like my hat changes and it's
  666. 22:50you know this is you know what would you
  667. 22:52you know why are you saying that like
  668. 22:53what you psychologically go into that
  669. 22:55state of a future you yeah that's
  670. 22:57beautiful and it's cool because that
  671. 23:00version of me it's not AIU it's no just
  672. 23:03me that version of me has a completely
  673. 23:05aligned incentive he wants me to win yes
  674. 23:08more than anyone because at the end of
  675. 23:10the day like people don't want what's in
  676. 23:13your best interest they want the version
  677. 23:15of you that serves them at any level now
  678. 23:19the closer they are like your family has
  679. 23:21tremendous alignment because if you do
  680. 23:23like if you become a billionaire they
  681. 23:24all benefit probably but they've got
  682. 23:26doubts and insecurities for sure so like
  683. 23:29they they're still flaw compared to a
  684. 23:30stranger right so it's like the closer
  685. 23:32someone gets the more natural alignment
  686. 23:34would occur where if you do well they
  687. 23:36might do well by proxy or by extension
  688. 23:37you might be able to give them a favor
  689. 23:39Etc and so that's why when you get
  690. 23:40famous um I can't remember what this
  691. 23:43quote is but like when you get famous
  692. 23:45it's actually other people I think who
  693. 23:46treat you differently because you
  694. 23:47actually have more utility because they
  695. 23:49might be able to willing to put up with
  696. 23:50stuff you're late you're you're not as
  697. 23:53responsive all these things because if
  698. 23:54you tweet their name it changes their
  699. 23:56life because there's that chance of huge
  700. 23:59utility and so people change their
  701. 24:01behavior and so anyways with Solomon who
  702. 24:04I call my older version of myself just
  703. 24:05for Simplicity sake um he has absolute
  704. 24:09aligned uh incentives he has complete
  705. 24:12context so I don't need to explain
  706. 24:13everything he already knows everything I
  707. 24:14know right and potentially more and a
  708. 24:16longer term time Horizon and as I'm
  709. 24:19going through these exercises um you
  710. 24:22know the most common ones you know the
  711. 24:23the common responses I get is what
  712. 24:25problem are we solving which is you know
  713. 24:26what classic old me would say
  714. 24:28uh number number two is um are you sure
  715. 24:31that's a problem which is more just a
  716. 24:33retort and recently I had a really tough
  717. 24:37uh thing that I went through and it like
  718. 24:38really D it probably the worst probably
  719. 24:39the worst day i' had in five years so
  720. 24:42until from the last time I I felt that
  721. 24:43bad was when my partner taking all the
  722. 24:45money that I had in my account after I
  723. 24:46sold all my gym so sold everything and
  724. 24:48then all the money was straight that was
  725. 24:49like the wor that was the worst day I
  726. 24:51had in a long time so I had one recently
  727. 24:54and
  728. 24:55um and he said this line to me this is
  729. 24:58kind of what I go through when I'm
  730. 24:59trying to think through these kind of
  731. 25:00like you know you have these these
  732. 25:02Vicious Cycles where you just keep
  733. 25:03reliving a conversation or scenario and
  734. 25:06you're like I just want to shake this
  735. 25:07right even sometimes it's you have a
  736. 25:09relationship and you break up with a
  737. 25:10person and you're like I want to get
  738. 25:11over this person whatever it is I
  739. 25:13usually need to get to this statement
  740. 25:15and once I get it it solves it it's like
  741. 25:17I just need a frame shift and I remember
  742. 25:20uh when I was getting over someone a
  743. 25:21very long time long time ago I'm married
  744. 25:22seven years now but um the statement
  745. 25:24that I needed for that situation was you
  746. 25:27you can have multiple you can only have
  747. 25:29one love of your life but you can live
  748. 25:32multiple
  749. 25:33lives I really like that I thought it
  750. 25:36was very beautiful like you don't have
  751. 25:38to you don't have to negate a
  752. 25:40relationship or the positive because
  753. 25:42what would you want to do destroy every
  754. 25:44memory you've had except for the person
  755. 25:45that you get married to that's terrible
  756. 25:46that means that every single every
  757. 25:47moment you've had in your life before
  758. 25:48that was bad which is not I don't think
  759. 25:50that's the right way to reconstruct your
  760. 25:51memory it's like I'm different now than
  761. 25:54I was then so I've lived multiple lives
  762. 25:56and I'm sure like if I look at my life I
  763. 25:57had SE clear chapter you know I'm sure
  764. 25:59you in the NFL like just you're a
  765. 26:01different person now yes and so it would
  766. 26:02make sense that you can have a love of
  767. 26:04your life then you can have a love of
  768. 26:05your life now and that was like as soon
  769. 26:07as I got that I was like I get it that
  770. 26:08was my frame shift and so with this
  771. 26:10particular bad scenario that
  772. 26:12happened I had worked really really hard
  773. 26:14for something like very very hard um and
  774. 26:18something had gone wrong that was
  775. 26:21outside of my Direct Control now I can
  776. 26:24still say everything is under my control
  777. 26:25to a degree and I can Lear from that
  778. 26:26it's like a business deal went wrong or
  779. 26:28someone lost a lot of money or exactly I
  780. 26:30lost 15 million bucks um in a day yeah
  781. 26:34it was a deal so I mean you know right
  782. 26:36and
  783. 26:37so my and so Solomon just said this
  784. 26:40statement to me and he
  785. 26:42said I know everything that you did and
  786. 26:46no one else will
  787. 26:48know and I approve and my approval is
  788. 26:52enough
  789. 26:54wow period And so who approval what
  790. 26:58you're wanting in that moment
  791. 26:59right for it not to go through right
  792. 27:02other people's whatever it is and so if
  793. 27:05the ultimate goal of my life at least as
  794. 27:07I as I say it is to become the best
  795. 27:09version of me that I can then it makes
  796. 27:12sense that to become the best version of
  797. 27:14me I have to suffer I have to go through
  798. 27:17hardships I have to fail because no one
  799. 27:19who literally wins all the time becomes
  800. 27:22you know like you don't build character
  801. 27:24through good times you build it through
  802. 27:25hard times and so it's like if I want to
  803. 27:27have strong character then I have to be
  804. 27:28willing to pay the price tag like the
  805. 27:29$500 Nikes like the price tag for the
  806. 27:33$500 shoe of a human that I want to be
  807. 27:36is tough tough stuff and so I have put a
  808. 27:41lot of effort into only judging myself
  809. 27:44on my actions not my feelings around the
  810. 27:48actions or the outcomes and so I'll give
  811. 27:50you a micro example so I am typically a
  812. 27:54pretty impatient person I always want
  813. 27:56things no I want it yesterday of course
  814. 27:58right and I've been slowly over time
  815. 28:01people have begun to describe me as a
  816. 28:03patient person which right just as just
  817. 28:06as surprised as I am you're like I don't
  818. 28:07know about that and um and so a big huge
  819. 28:11breakthrough for me was that I could
  820. 28:13feel impatient and still do the actions
  821. 28:16that align with patience and then be
  822. 28:19patient as a result and I think that
  823. 28:21that works with you know I mean any of
  824. 28:23this like you can feel unloving you can
  825. 28:24feel angry and still act loving and it
  826. 28:26doesn't mean you're unloving now that
  827. 28:27that that diverges from a lot of U
  828. 28:31classical religious uh thought so that's
  829. 28:34you know a lot of sin is in the mind Etc
  830. 28:35so like I tend to reject that um because
  831. 28:39I would rather somebody uh really really
  832. 28:41be mean to me in their head and do only
  833. 28:43nice things right to pick yeah right as
  834. 28:46a bird who be mean in their head and do
  835. 28:48mean it's like that's worse but then the
  836. 28:50flip side is Would You Rather somebody
  837. 28:51like really love you and then only make
  838. 28:52your life
  839. 28:53harder that's the real one right right
  840. 28:56because a lot of times we we are that
  841. 28:57person 99% of the time we're that to
  842. 29:00ourselves and and we tell ourselves well
  843. 29:02I had good intentions but it's like but
  844. 29:04you ended up hurting that person so what
  845. 29:05matters and we hurt ourselves more than
  846. 29:07anything and so yeah anyway so that has
  847. 29:09been my my framework that has served me
  848. 29:11really well I've heard you say a few
  849. 29:12different things so far
  850. 29:15um one of them about you know I'm coming
  851. 29:17back to the word confidence for some
  852. 29:18reason because it's a self-belief thing
  853. 29:20it's a learning how to yeah you know the
  854. 29:22fear of failure the fear of judgment
  855. 29:24which is all about it's kind of my
  856. 29:25framework with with uh you know the
  857. 29:28greatness mindset is learning how to
  858. 29:31understand and be aware of do you fear
  859. 29:33failure success or judgment and they're
  860. 29:35all kind of intertwined in some way and
  861. 29:37what we can learn that at the root of
  862. 29:39that is I'm not enough I'm not enough
  863. 29:41and that's why I'm unwilling to take the
  864. 29:43steps forward to get what I want to pay
  865. 29:45the price so I'm going to wait I'm going
  866. 29:46to hesitate I'm going to be in friction
  867. 29:49as opposed to in flow right I'm going to
  868. 29:51not put myself out there yeah and I get
  869. 29:56the specific reward rewards for doing
  870. 29:58that right and I and I pay a certain
  871. 30:00price and I get those certain rewards
  872. 30:02yeah how can we then build confidence if
  873. 30:06we don't understand the skill of
  874. 30:07confidence and we've never had it okay I
  875. 30:09love this so um statement that that that
  876. 30:14has gone incredibly viral um is that you
  877. 30:18don't build confidence by shouting
  878. 30:20affirmations in the mirror but by giving
  879. 30:22yourself a stack of undeniable proof
  880. 30:24that you are who you say you are outwork
  881. 30:26yourself out
  882. 30:27and so I wholeheartedly reject the
  883. 30:30notion that you can beat your chest and
  884. 30:31have Charisma because I believe that
  885. 30:33confidence without evidence is delusion
  886. 30:35like if someone says I can build a
  887. 30:36skyscraper and they can say it as
  888. 30:38confidently as they want but if they
  889. 30:40don't know how to build a skyscraper
  890. 30:41they're not building a skyscraper and
  891. 30:43the best way to know that you can build
  892. 30:44a skyscraper is having built one before
  893. 30:46now you might be like well well what
  894. 30:48about the first skyscraper it's like
  895. 30:50well of course he didn't build a
  896. 30:51skyscraper first he probably built a
  897. 30:53half skyscraper before house an
  898. 30:55apartment building and before that like
  899. 30:57you know a fourplex right you you build
  900. 30:59to it and it and that concept for me is
  901. 31:02what has allowed me to do well in
  902. 31:05situations where I feel like I didn't
  903. 31:07deserve to do well right like so for the
  904. 31:10the the book launch that we were talking
  905. 31:11about earlier before we got on like you
  906. 31:13know if you have 500,000 people it's a
  907. 31:15whole city right and I I truly and I
  908. 31:20people can you you watch the Vlog you
  909. 31:23like I truly wasn't
  910. 31:25nervous and it wasn't because because
  911. 31:28I'm some Zar at presenting it was
  912. 31:30because I had done the presentation
  913. 31:33full three times a day for the 30 days
  914. 31:36leading up to it so I had done it once
  915. 31:38in my mind once out loud and recorded it
  916. 31:41and then I would watch the recording and
  917. 31:43then edit my slides wow every day every
  918. 31:45day wow and so when I got there the
  919. 31:49staff was like I've never seen I'm I'm
  920. 31:51trying I'm sharing this because it it
  921. 31:53one of the hardest things to do is have
  922. 31:55context when you don't know anyone else
  923. 31:56who's
  924. 31:58doing what you want to be doing in your
  925. 31:59life and I'm not saying I'm the person
  926. 32:01that people were trying to emulate I'm
  927. 32:02just saying that maybe there's an
  928. 32:03element of that they can take from it
  929. 32:05which is when I got there the staff is
  930. 32:08like I've never seen anyone so calm for
  931. 32:10something so big and I was that was like
  932. 32:12shaking them I was like you're good
  933. 32:13we're good it's going to be okay it's
  934. 32:15GNA be okay and and the reason was I was
  935. 32:19like I've done this before I know how
  936. 32:22this presentation goes I can say it
  937. 32:24backwards and so there I have to worry
  938. 32:27about what I'm going to say because I
  939. 32:29have outworked myself out and until
  940. 32:32until I felt like of course this is this
  941. 32:36is always how it is then you don't feel
  942. 32:39like what I remember I'll rewind to the
  943. 32:41first time outw workk yourself out came
  944. 32:43out in my life so I gave this
  945. 32:44presentation to a very small 50 people
  946. 32:47and a lady in the front row said you
  947. 32:48sound so certain like how do you get rid
  948. 32:50of the impostor syndrome and I had just
  949. 32:53given a presentation on how our our
  950. 32:55sales process worked at our brick and
  951. 32:56morar gyms
  952. 32:58and I said I don't I'm not I first of I
  953. 33:01was like I don't really understand the
  954. 33:02question I was like I'm just presenting
  955. 33:03what what is I was like there's not
  956. 33:05really an opinion you can't be like Alex
  957. 33:07you didn't do that I was like I mean
  958. 33:08that is what I did like this is the
  959. 33:09exact process these are the pages these
  960. 33:11are the fob scripts this is how we
  961. 33:12schedule this how we you know everything
  962. 33:14and so there is nothing to contest and
  963. 33:17so if I'm going to make if I want to
  964. 33:20make sure that I'm confident in a
  965. 33:21situation then let's Define confidence
  966. 33:23as the percentage likelihood that I do
  967. 33:26what I say going to do and so I said I
  968. 33:29was going to present this thing and I
  969. 33:30want to make sure that I control the
  970. 33:31controllables and so for me because
  971. 33:35Solomon is always watching because if I
  972. 33:38got up there because I do have at this
  973. 33:40point I have presented enough times that
  974. 33:41I could probably still do a good job and
  975. 33:43I think many people would be like that
  976. 33:44was awesome and with not a lot of
  977. 33:47prep but I would know and Solomon would
  978. 33:50know and he wouldn't be proud of me and
  979. 33:53so it's the double-edged sword of like
  980. 33:55to make that man proud the bar is so
  981. 33:58high for what I have to do that his bar
  982. 34:01is higher than everyone else's and so if
  983. 34:03there are hateful comments or there
  984. 34:05whatever it's like your approval isn't
  985. 34:07the one that I'm going for right and so
  986. 34:09it Shields you because that's like
  987. 34:12that's why you have earned my approval
  988. 34:14and that is enough
  989. 34:16wow and so like that's been my shield
  990. 34:19during that process and we can talk
  991. 34:21about the launch stuff later but there
  992. 34:22was a key moment right where like it
  993. 34:23looked like the world was burning down
  994. 34:25during the launch really oh yeah well
  995. 34:27because I was a it was a it was a faux
  996. 34:29pitch so I looked like I was doing a
  997. 34:31huge stack and you know price anchoring
  998. 34:33and adding all these bonuses and
  999. 34:34everyone's like oh my God he's a salout
  1000. 34:36like it completely turned and then I
  1001. 34:38gave it away for free but for 15 minutes
  1002. 34:41I could see the chat this gu yeah yeah
  1003. 34:44and this a sales page yeah and I I
  1004. 34:47genuinely felt absolutely a piece about
  1005. 34:48it because one I knew where we were
  1006. 34:51going and two I had done this before and
  1007. 34:54so me walking through that process is
  1008. 34:57like it doesn't require confidence it
  1009. 35:00appears like confidence on the outside
  1010. 35:02but if everyone saw the amount of hours
  1011. 35:04that went into it it would seem obvious
  1012. 35:06and so I think that's the big misnomer
  1013. 35:08is that people are like he's so
  1014. 35:10confident either the guy is confident
  1015. 35:12because he's delusional and I mean that
  1016. 35:14is in in in the truest sense like he is
  1017. 35:16claiming he can do something that he has
  1018. 35:17no evidence that he can do which to me
  1019. 35:18would be
  1020. 35:19delusional or he had lots of
  1021. 35:22insecurities or concerns about his
  1022. 35:24performance on XYZ and then he tried to
  1023. 35:27simulate that experience as many times
  1024. 35:29as he possibly could until he no longer
  1025. 35:31felt afraid and so like if you want to
  1026. 35:33get rid of a fear of spiders the way you
  1027. 35:35do that is you lock yourself in a room
  1028. 35:36with spiders and eventually and either
  1029. 35:39that makes you more terrified or
  1030. 35:41eventually and eventually you acclimate
  1031. 35:43right eventually and then you walk out
  1032. 35:44and you're like I can deal with spiders
  1033. 35:46or you're
  1034. 35:47traumatized either way over a long
  1035. 35:49enough time Rising you would get you'd
  1036. 35:50get over it cuz you'd realize that you
  1037. 35:52didn't die he yes you'd wake up from a
  1038. 35:54panic attack and then you'd have another
  1039. 35:55one and then you have another one and
  1040. 35:56then eventually like here I am I'm still
  1041. 35:58the spiders yeah I'm spider boy right
  1042. 36:00you know I am Spiderman yeah it's and so
  1043. 36:04that that concept is is I think at the
  1044. 36:06core and the reason that people don't
  1045. 36:08like it as much is because it's not
  1046. 36:10romantic because it sounds cool to hear
  1047. 36:12me say that I did it three times a day
  1048. 36:14for an entire month beforehand but it's
  1049. 36:16not fun no and and it takes you takes so
  1050. 36:19much time and energy it's not it's not
  1051. 36:22enjoyable the rocky cut scene in movies
  1052. 36:24last 2 minutes in real life might be 5
  1053. 36:27years that's true and so like it's
  1054. 36:29really really cool to watch it for 2
  1055. 36:30minutes but when you're on your seventh
  1056. 36:33month of your B business like not really
  1057. 36:35making money and you quit your job and
  1058. 36:37people are judging you and people are
  1059. 36:38telling you hey you know maybe let's be
  1060. 36:41a little more realistic you know I think
  1061. 36:43you know what if hey come where it's
  1062. 36:44nice and warm and safe right like get my
  1063. 36:46approval right like get my approval come
  1064. 36:48down here and you're seeing other people
  1065. 36:50succeed or win online right and you
  1066. 36:52don't see the background right like
  1067. 36:54people who see me now in the last 24
  1068. 36:56months be like oh my God like he just
  1069. 36:58came out of nowhere it's like except for
  1070. 36:59the decade before that where I built
  1071. 37:01multiple very large companies to gain
  1072. 37:02The credibility to be able to say what
  1073. 37:03I'm saying yeah and I think and the
  1074. 37:05confidence yeah from evidence right like
  1075. 37:09that's that's that that's like that's
  1076. 37:11everything what would you rather have a
  1077. 37:15unwavering confidence or a strong
  1078. 37:19mindset I don't know if they're
  1079. 37:21different because I think the evidence
  1080. 37:23leads to the confidence and evidence
  1081. 37:25gives you the strong mindset if someone
  1082. 37:26comes to me and says Alex you're a short
  1083. 37:29King I was like I'm almost 6 feet tall
  1084. 37:31like I'm not a short King like I don't I
  1085. 37:32don't need like I'm not going to be hurt
  1086. 37:34by that because I have evidence that I
  1087. 37:36know that's not true right and so I
  1088. 37:39think that a lot of people's
  1089. 37:41feelings uh get triggered because they
  1090. 37:44don't have that back stop of proof and
  1091. 37:46so it's like if you want to be
  1092. 37:48bulletproof give yourself evidence that
  1093. 37:50you can lean
  1094. 37:51on so if someone's like Alex you don't
  1095. 37:53know anything about business I'd be like
  1096. 37:55I totally accept that that that's your
  1097. 37:56frame here's the evidence that I have
  1098. 37:59and this is what that marks down on from
  1099. 38:01a percentile basis of like where I'm at
  1100. 38:03versus everyone else I don't think I
  1101. 38:05know more than a lot of people what if
  1102. 38:06you what if you were just starting out
  1103. 38:08yeah and someone was saying hey you
  1104. 38:10don't know anything about business or
  1105. 38:11marketing or social media or whatever
  1106. 38:13relationships and you don't have
  1107. 38:15evidence I would agree with them and
  1108. 38:17then you just got to take the time to
  1109. 38:18build the evidence they're totally right
  1110. 38:20and I probably shouldn't talk about
  1111. 38:22business and marketing and all these
  1112. 38:23things cuz I haven't done it and that's
  1113. 38:25in my opinion the big underlying problem
  1114. 38:29with the majority of the influencer
  1115. 38:30world so there's the entertainers and
  1116. 38:33then there's the Educators entertainers
  1117. 38:34do their thing the Educators I believe
  1118. 38:38that context is the thing that matters
  1119. 38:40most so like for ex like um I'm trying
  1120. 38:43trying to give a really kosher example
  1121. 38:44here um how do I not say names here um
  1122. 38:48about calling someone yeah
  1123. 38:50so broad brush
  1124. 38:52Strokes if an if somebody gets online
  1125. 38:55and wants to talk about on their social
  1126. 38:57Med your social media and they're like
  1127. 38:58hey you need to do this and add these
  1128. 38:59hashtags or whatever and you see that
  1129. 39:01they have 500 followers on Instagram I
  1130. 39:04don't need to listen to what they're
  1131. 39:05saying to know that they don't know what
  1132. 39:07they're talking about right like there
  1133. 39:08was a book that was called how to Market
  1134. 39:10a book and had 14 reviews on Amazon it
  1135. 39:12been out for four years right and I
  1136. 39:13started my presentation with that for
  1137. 39:15the for the book launch and I said this
  1138. 39:17is what I hate is that I don't I have
  1139. 39:19evidence in the real world that nothing
  1140. 39:22inside of this book works because if it
  1141. 39:24did work they would have sold they would
  1142. 39:26have marketed this book which they
  1143. 39:27clearly didn't and so the the issue is
  1144. 39:30that there's this big glaring sign above
  1145. 39:32everything of the content that people
  1146. 39:34are making which is the context that
  1147. 39:35they're making it in and so they're
  1148. 39:37trying to be a fitness expert but they
  1149. 39:39don't really look like they're in shape
  1150. 39:40right they want to be a marriage expert
  1151. 39:42except like most people see them you
  1152. 39:43know like not I don't know if I really
  1153. 39:45want that marriage right and so like the
  1154. 39:47it's way easier to immediately start
  1155. 39:49giving advice to people and your advice
  1156. 39:51might be valid but you have no proof and
  1157. 39:54proof is the hard part but proof is the
  1158. 39:56only thing that matters in my opinion
  1159. 39:57and especially in the court of the
  1160. 39:59public like waren Buffett I don't think
  1161. 40:02is's a particularly charismatic
  1162. 40:03individual but if he gets up and says
  1163. 40:05hey guys this is you should dollar cost
  1164. 40:07average into the S&P 500 for your
  1165. 40:09investing somebody might be like oh my
  1166. 40:12God his advice is so simple like my
  1167. 40:14advice my Hunton so much better than
  1168. 40:16Warren Buffett it's like you know what
  1169. 40:17and it might be except you just forgot
  1170. 40:18to build a hundred billion dollar
  1171. 40:19company he's got proof and credibility
  1172. 40:21context and the reason like I've thought
  1173. 40:23about this a lot and I think the reason
  1174. 40:25the context is so important is it
  1175. 40:27actually becomes a faster and easier
  1176. 40:28decision so as a consumer if I'm looking
  1177. 40:31at a 100 different information sources
  1178. 40:32because now information there's too much
  1179. 40:34of it and so we have to segment signal
  1180. 40:36for noise right okay how can I get all
  1181. 40:38this noise out so I can just hear the
  1182. 40:39stuff I want well the first thing you
  1183. 40:41want to do is go to a trusted source and
  1184. 40:44so if this is the richest man or top
  1185. 40:45five richest men in the world and he's
  1186. 40:46giving you investing advice I don't
  1187. 40:48actually have to take each colonal
  1188. 40:50advice and weigh it and say do I agree
  1189. 40:52with this do I not agree with this you
  1190. 40:54can actually take it pretty close to his
  1191. 40:56truth because he has so much Authority
  1192. 40:58that you think okay I will take this as
  1193. 41:00it is which is less cognitive effort
  1194. 41:02than listening to a teacher no offense
  1195. 41:04to teachers giving investing advice who
  1196. 41:08barely has a million dollar saved up and
  1197. 41:09again there's nothing wrong with that
  1198. 41:11but I don't think I can actually almost
  1199. 41:13guarantee that your investing advice
  1200. 41:14will never get as much press as Warren
  1201. 41:16buffets even if your content and the
  1202. 41:17production and your hashtags and all the
  1203. 41:20other things are perfect you lack the
  1204. 41:21one thing that matters most which is
  1205. 41:22proof proof credibility and that's the
  1206. 41:25part that takes 5 years or 10 years
  1207. 41:27because now Ray Delio can get up here
  1208. 41:29and talk and Ray you know Ray doesn't
  1209. 41:32care I mean I saw I'll do I'll tell a
  1210. 41:35quick story to wrap this R alio up I saw
  1211. 41:38this dude on Tik Tok uh white guy older
  1212. 41:41dude and he was giving Financial advice
  1213. 41:44and these Tik Tok comments were just
  1214. 41:45destroying him he talking about how like
  1215. 41:47prepare for an economic thing whatever
  1216. 41:49and so people just just Savage
  1217. 41:51right the guy was R alio really because
  1218. 41:55at the end of the the day everyone who
  1219. 41:58doesn't know who you are doesn't know
  1220. 41:59who you are and it makes sense that they
  1221. 42:01would be skeptical because many people
  1222. 42:02in the past have been fakers and so to
  1223. 42:05want to win in the court of public
  1224. 42:06opinion especially if you're coming up
  1225. 42:08even with all the proof in the world
  1226. 42:10doesn't matter because they don't know
  1227. 42:11yet which is why you have to know so
  1228. 42:14that you can take it because you know
  1229. 42:16he's worth 38 billion if they're like
  1230. 42:18you don't know what you're talking about
  1231. 42:19he's like bothered by this yeah I don't
  1232. 42:21care about your opinion or your approval
  1233. 42:23right your opinion is irrelevant because
  1234. 42:25I have yes now if he was worth $10 it
  1235. 42:28would probably destroy him because
  1236. 42:30they're right that's true and I think
  1237. 42:33that's really what a lot of people
  1238. 42:34reject the the opinion of other like if
  1239. 42:36I had you know massive ears or something
  1240. 42:39you know like I mean people right now
  1241. 42:40they're like ah Alex is on Trend gear
  1242. 42:42steroids whatever right like that's the
  1243. 42:44that's you know some of the comments TR
  1244. 42:46what does that mean it's just a it's a
  1245. 42:47steroid okay um Tron gear yeah like a
  1246. 42:50steroid term so there's there's Captain
  1247. 42:53America gear and there's Iron Man gear
  1248. 42:55right Iron Man gear is a suit Captain
  1249. 42:56America G and Jack oh gosh I'm like no
  1250. 43:00sorry I know nothing about that I the
  1251. 43:01fitness world it's so um so they're
  1252. 43:04saying you're on steroids right right
  1253. 43:06and the answer is like it makes sense
  1254. 43:08that they would say that because I
  1255. 43:09probably have more muscle than most of
  1256. 43:10the people that they know and most
  1257. 43:11people have lots of muscle take steroids
  1258. 43:13especially the the the professionals
  1259. 43:15yeah so like should I be angry with them
  1260. 43:18no it makes absolute sense that they
  1261. 43:19would make that conclusion so why can I
  1262. 43:20be why should I be upset by that I agree
  1263. 43:22with you right I do look like a Tak
  1264. 43:24thank you like would I rather them think
  1265. 43:27I'm they're like oh we know he's natural
  1266. 43:29like would I rather have the the r to me
  1267. 43:31I'm like okay yeah and so anyways all
  1268. 43:35that all that all that to say that the
  1269. 43:37hard work is in accumulating the
  1270. 43:40undeniable stack of evidence that you
  1271. 43:41are who you say you are and the first
  1272. 43:44person you have to convince is you
  1273. 43:45because if you sell you because you know
  1274. 43:47what you did to get here then everyone
  1275. 43:49else's opinion just doesn't matter what
  1276. 43:51if you're always trying to seek the
  1277. 43:53approval of someone else as well as you
  1278. 43:57I think it's a trade-off over time I
  1279. 43:59mean I don't want to pretend like I I
  1280. 44:01don't seek approval from others I think
  1281. 44:02it's um but used to you know you talked
  1282. 44:04about the previous episode about you
  1283. 44:05know really wanting to see the pro of
  1284. 44:07your father and trying to Vanquish him
  1285. 44:09eventually right should we be seeking
  1286. 44:11the approval of other people or is it
  1287. 44:13more about our future self I think that
  1288. 44:16the approval seeking behavior is super
  1289. 44:20difficult to break in general because as
  1290. 44:22children we are trained to be humans
  1291. 44:25through approval right like you did well
  1292. 44:27you did not like and that's how you
  1293. 44:28learn how to be human to survive right
  1294. 44:30exactly across the street yeah I mean
  1295. 44:31like there's so many reinforcing events
  1296. 44:33that that make it that I will listen to
  1297. 44:35the the opinion of others you get older
  1298. 44:37you find out that they don't know what
  1299. 44:38they're talking about but um I think
  1300. 44:41that there's the reason that a lot of
  1301. 44:42people who are like really into uh
  1302. 44:44classical religions is that they just
  1303. 44:46switch who they get approval from they
  1304. 44:48get approval from their Heavenly Father
  1305. 44:50which you might as well say that Solomon
  1306. 44:51for me is my heavenly father in my own
  1307. 44:53way I just you know characterize the
  1308. 44:55future version of myself that is
  1309. 44:56idealized and ask him he thinks I should
  1310. 44:59do but fundamentally I don't know if
  1311. 45:02I've necessarily gotten rid of that
  1312. 45:03approval I've just shifted where I try
  1313. 45:04to get it from ah so you're not seeking
  1314. 45:06from others like audiences that you
  1315. 45:08don't know you're seeking from your fut
  1316. 45:10yeah that's big but if you're real about
  1317. 45:12it if you're really real about it then I
  1318. 45:15think it's a highest bar because that
  1319. 45:18guy knows whether you cut Corners that
  1320. 45:20guy knows whether you could have done
  1321. 45:22another rewrite of the book that guy
  1322. 45:23knows if you could have just taken a a
  1323. 45:26little bit more time to make this better
  1324. 45:27that guy knows if you could have prep
  1325. 45:28for That interview longer than you did
  1326. 45:31and so if you can earn that guy's
  1327. 45:33approval then you walk into the
  1328. 45:35interview completely unshaken because
  1329. 45:36you already won because that guy knows
  1330. 45:39what you did to get there and so then
  1331. 45:41you can be Loosey Goosey right you're
  1332. 45:44relaxed and not stressed about it
  1333. 45:46perspective what else do you think keeps
  1334. 45:48people trapped in in not reaching their
  1335. 45:50potential so if we if we were to if we
  1336. 45:53take the reverse of like what what
  1337. 45:54guarantees someone's success right it
  1338. 45:56would be that they do the things that
  1339. 45:57create succcess and so I think we'd have
  1340. 46:00to boil it down to what are the
  1341. 46:03obstacles to taking action so either you
  1342. 46:07take the wrong actions which is a
  1343. 46:09knowledge deficit which is why everyone
  1344. 46:10who's listening to this it's like you
  1345. 46:11want to learn right which is great and
  1346. 46:14just for some fun definitions for
  1347. 46:15everyone here um I Define learning as
  1348. 46:20same same circumstance or same condition
  1349. 46:23different Behavior meaning if if I show
  1350. 46:26you a flash card that's red and then I
  1351. 46:28slap you if I show you the flash card
  1352. 46:30again and you duck then you have learned
  1353. 46:33same condition new
  1354. 46:35Behavior intelligence is the rate of
  1355. 46:38learning so how quickly do you change
  1356. 46:40your behavior with the same condition so
  1357. 46:42if I show someone a red flash card and
  1358. 46:44then I slap them and I show them again
  1359. 46:45they don't move and I slap them I show
  1360. 46:47it again and I slap them like what are
  1361. 46:48you right the rate of learning is not as
  1362. 46:50fast and so to the same degree and this
  1363. 46:52is for I know this this going to I'm
  1364. 46:54going to I'm going to poke my finger in
  1365. 46:55this hole real quick for everyone who's
  1366. 46:57listening to this if you continue to
  1367. 46:59listen and listen and listen and listen
  1368. 47:02and your conditions externally have not
  1369. 47:04changed and your behaviors have not
  1370. 47:06changed then it means you have learned
  1371. 47:07nothing you've learned it but you
  1372. 47:09haven't applied it well definition same
  1373. 47:12condition the behavior if the behavior
  1374. 47:13doesn't change you did not learn you
  1375. 47:16spend time watching something yeah sure
  1376. 47:17heard it but you haven't learned it
  1377. 47:19right you learn through a change in
  1378. 47:21behavior and so going back to why are
  1379. 47:24why do people not change their behavior
  1380. 47:27I think that there's sure there's lots
  1381. 47:29of fear of punishment from and so like
  1382. 47:32you can try and take this apart as
  1383. 47:33saying okay I need to increase the
  1384. 47:35reward I need to decrease the punishment
  1385. 47:37um that people associate with with
  1386. 47:39taking action right so it's like okay
  1387. 47:41the whole first part of this
  1388. 47:42conversation was about decreasing the
  1389. 47:44punishment associated with taking action
  1390. 47:46and to a degree if you can make approval
  1391. 47:48of your of yourself higher than other
  1392. 47:50people then that also gives you a reward
  1393. 47:52for taking action now there's also an
  1394. 47:54element of ignorance which is like you
  1395. 47:55might take the wrong action but I can
  1396. 47:57promise you if you're taking action
  1397. 47:58you'll figure it out pretty quick yeah
  1398. 48:00like that part this isn't working okay
  1399. 48:02let me try this thing the the third
  1400. 48:04piece is environment which is at the
  1401. 48:07most mental extreme level if I'm chained
  1402. 48:09to a wall right and someone says go pick
  1403. 48:12up the soda over there I might have all
  1404. 48:16the right skills in the world to do it
  1405. 48:17but I have environmental conditions that
  1406. 48:19prevent me from doing it and so it's
  1407. 48:21like I don't have a fear I have a clear
  1408. 48:23reward I have the skills to do it but
  1409. 48:25environmental conditions that prevent me
  1410. 48:27and so one of the one of the easiest
  1411. 48:29ways to change behavior is to change
  1412. 48:30your environment like if if I so BF
  1413. 48:35Skinner is a really famous
  1414. 48:36behavioralist um and he came on the
  1415. 48:38space and got a lot of flak because he
  1416. 48:40had very controversial views but he has
  1417. 48:42this quote that it's just
  1418. 48:44like he says you know the old saying if
  1419. 48:46you lead a horse to water you can the
  1420. 48:49old saying is you can lead a horse to
  1421. 48:51water but you can't make it drink he
  1422. 48:53said well if I bled the horse and I
  1423. 48:56dehydrated it enough and I put the water
  1424. 48:58right in front of its mouth he said I
  1425. 48:59can veritably guarantee that I can make
  1426. 49:01a drink and the idea there is that if
  1427. 49:03you can if you can control enough of the
  1428. 49:05environment you can get anyone to do
  1429. 49:07anything which is to the same degree we
  1430. 49:09we even kind of accept this culturally
  1431. 49:11as like if someone kills somebody we say
  1432. 49:14was there temporary insanity what were
  1433. 49:15the
  1434. 49:16extraneous conditions that created this
  1435. 49:18Behavior now if there's like he you know
  1436. 49:21he came home from the military and his
  1437. 49:22wife was in bed with somebody and he
  1438. 49:23just went into a fit of rage well that
  1439. 49:25was a condition now we then say the guy
  1440. 49:27who you know premeditated in that that's
  1441. 49:30a bad guy then you you you zoom out a
  1442. 49:33little bit more and you're like well
  1443. 49:33what conditions created that behavior so
  1444. 49:35these conditions are excusable and these
  1445. 49:37conditions aren't which gets into a
  1446. 49:38whole different argument but the point
  1447. 49:39is is that if you want to change your
  1448. 49:41behavior the strongest way to do it is
  1449. 49:43to Simply change your environment
  1450. 49:45because you can you can have huge Leaps
  1451. 49:47and Bounds in how much your behavior
  1452. 49:49changes without even having to get
  1453. 49:51better which is why um one of the one of
  1454. 49:53the the best ways to get good at
  1455. 49:55anything is to join a team of people who
  1456. 49:57are excellent at that thing and you know
  1457. 49:58this from the sports world like if you
  1458. 50:00can join a championship team you
  1459. 50:02automatically adopt the cultural norms
  1460. 50:04the rules of behavior of that group and
  1461. 50:06you either get assimilated or you get
  1462. 50:08rejected if the culture is strong enough
  1463. 50:09championship team and so that is the F
  1464. 50:12now if you get into that team and all of
  1465. 50:15a sudden your your game just levels up
  1466. 50:17you know five you know five years faster
  1467. 50:19than it would otherwise is it because
  1468. 50:20you've inherently changed or because you
  1469. 50:22changed your environment and so I think
  1470. 50:23that that is the absolute shortcut the
  1471. 50:25the cheat code to getting what you want
  1472. 50:28is changing everything around you so
  1473. 50:30like if everybody around you is poor
  1474. 50:32don't listen to them about how to get
  1475. 50:34rich and don't seek their approval for
  1476. 50:36your behavior because everything that
  1477. 50:37they're going to approve of is keeping
  1478. 50:38you where you're at and so I think if
  1479. 50:40you if you have enough money to leave
  1480. 50:41home then do so if you can't leave the
  1481. 50:45town you're in then move across town
  1482. 50:47just go 30 minutes away just go on the
  1483. 50:48other side of town make it more
  1484. 50:50convenient to do the things that you
  1485. 50:51want to do and make it less convenient
  1486. 50:52to hang out with the people and do the
  1487. 50:54stuff that you don't want to be doing
  1488. 50:55and if you do enough of those make it
  1489. 50:57easier make it harder trade-offs
  1490. 50:59eventually you start doing more of the
  1491. 51:00stuff that you want to do and less of
  1492. 51:01the stuff you don't and that compounds I
  1493. 51:03think a lot of times that is a lot
  1494. 51:04easier than trying to willpower your way
  1495. 51:06through anything because willpower is
  1496. 51:08finite but if you can change the
  1497. 51:10environment it actually makes it easier
  1498. 51:11so you're actually not using any
  1499. 51:12willpower if there are if there is no
  1500. 51:14ice cream in the freezer and you have to
  1501. 51:16get in your car to then go somewhere to
  1502. 51:18get the like it's a lot hard it's a
  1503. 51:20bigger thing right so it's like how can
  1504. 51:22I make it as inconvenient as possible to
  1505. 51:24do the things that I don't M that I know
  1506. 51:26are going to influence me to do bad
  1507. 51:28things as well just got to delete
  1508. 51:30Postmates
  1509. 51:31next and so that's like the triangle if
  1510. 51:33I was looking at somebody who like why
  1511. 51:35are like why are you not doing what you
  1512. 51:37want to do what's the triangle again you
  1513. 51:39fear some sort of punishment which we
  1514. 51:41can reframe as failure isn't failure
  1515. 51:44only your fear of your fear of judgment
  1516. 51:46upon failure is the thing that you're
  1517. 51:47afraid of you can reframe reward as like
  1518. 51:50I want to get my own approval rather
  1519. 51:51than some external outcome because if
  1520. 51:53you knock on 100 doors and you don't
  1521. 51:54make a sale and you're getting solar
  1522. 51:55sales now you might have gotten rid of
  1523. 51:57the fear of rejection but you haven't
  1524. 51:59gotten the win yet and you're like oh
  1525. 52:00maybe this isn't for me and so if you
  1526. 52:02can change what you're measuring
  1527. 52:04yourself on to the activities rather
  1528. 52:06than to the outcome you say I'm the type
  1529. 52:08of person who will continue to do
  1530. 52:10without seeing the result of my doing
  1531. 52:11and the world will belong to you because
  1532. 52:13there's only a handful of people who can
  1533. 52:15keep working and keep doing without
  1534. 52:17seeing the external benefit and those
  1535. 52:19are the people who can beat everyone and
  1536. 52:21they win every time they win and then
  1537. 52:24the third piece is the environment
  1538. 52:25environment so if I can if I can
  1539. 52:26increase the reward which you can do
  1540. 52:28through reframing it and redefining what
  1541. 52:30you reward Yourself by the activities
  1542. 52:32and the controllables if you decrease
  1543. 52:34the punishment of the things that you're
  1544. 52:35afraid of and reframe that punishment is
  1545. 52:37what if it wasn't a problem to begin
  1546. 52:39with what if you agree with them that
  1547. 52:41you don't have evidence they're right
  1548. 52:44that's
  1549. 52:45okay and you get out of the environment
  1550. 52:47that continues to shape your behavior in
  1551. 52:49the Direction you don't want you do
  1552. 52:50those three things the likely you'll be
  1553. 52:51able to change your behavior is very do
  1554. 52:53people do every day that they hate doing
  1555. 52:55like and a big one a big misnomer I
  1556. 52:57think is that people think they need to
  1557. 52:58have a new thing you can start a
  1558. 52:59cleaning business become a billionaire
  1559. 53:01you can start a la care business become
  1560. 53:02a billionaire you can start a roofing
  1561. 53:04business become a billionaire like
  1562. 53:05there's clear problems like all you have
  1563. 53:06to do is just do what everyone else is
  1564. 53:07doing learn how to sell learn how to
  1565. 53:08deliver consistently and learn how to
  1566. 53:10lead if you do those three things you
  1567. 53:11can do just as well as everyone else and
  1568. 53:12just do it better

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