YT YouTube2Text

YouTube2Text → Transcripts → Seven Mindset Shifts That Made Me Millions

Seven Mindset Shifts That Made Me Millions — Transcript

by Myron Golden · 11,020 words · 1,588 segments · language en · Watch on YouTube

Open in transcriber Summarize with AI Download SRT/VTT

Full transcript

0:00On this video, I'm going to discuss I'm
0:01going to discuss seven mindset shifts
0:05that have made me millions and millions
0:07of dollars. Um I there's no doubt in my
0:11mind that if you adapt and adopt these
0:12mindset shifts that they will change
0:14your life for the better. Um I heard
0:17someone say a long time ago, if you want
0:18to if you want to model any form of
0:20human excellence. Somebody's doing
0:22something and you'd like to do it. You
0:24find somebody who's doing the thing you
0:27want to do and you model three things.
0:32One, you model their belief systems.
0:36Two, you model their mental syntax, the
0:40order in which they fire off messages in
0:41their brain. And number three, you model
0:44their physiology. And so, so this is
0:48going to be about belief systems.
0:51that if you adapt and adopt them, they
0:53will make you millions. And and I'm
0:54going to tell you right now, if you're
0:56not making millions of dollars, some of
0:57these are going to rub you the wrong
0:58way. Because
1:01if if these things already made sense to
1:05you, you'd already be doing them, right?
1:08I mean, doesn't that stand a reason like
1:10if like don't expect to learn something
1:14from someone that you agree with 100% of
1:16the time. Of course, if they're not
1:19challenge, if what they're saying is not
1:21challenging you,
1:24how could you possibly hope for it to
1:26change you? So, here are the seven
1:28mindset shifts. This, the first one, is
1:32the biggest mindb blown transformation
1:36that I've like that changed my life for
1:38the rest of my life. And I'm going to
1:40say it and you're going to say, "Oh, no,
1:41not that again." Okay? But here's the
1:44problem. Like if that's what you're
1:46thinking, here's the problem. You know
1:48about it and you think knowing about it
1:49is knowing it,
1:52>> right? So you like the words I'm going
1:54to say, you've already heard them. You
1:55already know them. They're not new
1:57words. They're just new actions. They're
2:00words that you've heard and recited, but
2:04you haven't yet done anything about
2:05them. So here it is. first game changer
2:09million million multi multi
2:10multi-million billion whatever dollar
2:12mindset
2:13is be do have
2:16like oh yeah I got that already be do
2:18half yeah okay sure you do but I'm going
2:21to go over here on my on my trusty
2:22blackboard when I discovered this in
2:24Genesis chapter 1 it knocked my socks
2:26off for months I was just like and it it
2:30and when I think about it now it still
2:31knocks my socks off because in Genesis 1
2:35God said the whole I'm getting chills
2:37thinking about this right now. Uh God
2:38set up the whole thing. And the first
2:41thing God tells us about God is that he
2:44um is creative. He doesn't tell us first
2:46that he's love. He doesn't tell us first
2:47that he's righteous or just or
2:48omnipotent, omnisient, even though he's
2:50all those things. The first thing God
2:51tells about God is that he's creative.
2:53In the beginning, God created the
2:54heavens and the earth. And when God
2:56created the heavens and the earth in the
2:57beginning, he established the platform
2:59on which we operate. And that platform
3:01is in the beginning, that's time. I
3:03don't like that color. I don't even know
3:04what color it is, but I know I don't
3:05like it for that. Um,
3:14so, so in the beginning,
3:18before the beginning, there was no time.
3:20In the beginning, God created the
3:22heavens, that's space,
3:25and the earth, that's matter. Now, it's
3:27it's really interesting
3:30that
3:32I need to do some thinking about this,
3:33but it's it's really interesting that
3:36time, space, and matter are a continuum,
3:38and they all had to come into the same
3:39come into being at the same time. The
3:42only explanation for that is Genesis
3:441:1. Brashit Bar Elohim at um Hashem. In
3:49the beginning, God created the heavens
3:50and the earth. That's the only So, they
3:52all came into being at the same time
3:54because um if there's time but no space,
3:57where would you put it? What would you
3:59do with that time? If there's space but
4:01no time, when would you put it? If
4:03there's matter but oh, I said earth. Um
4:06if there's matter but no space, where
4:08would you put it? And so, they all came
4:10into being at the same time.
4:13Now what what's fascinating about this
4:17is this platform is the platform that
4:20God set up from the beginning. These are
4:22our constraints as human beings.
4:25Time, space, matter are constraints.
4:27Anything you're going to do is going to
4:28take time, right? Anything you're going
4:30to become is going to take time. Like
4:31like
4:33time is it's a constraint. Space. If you
4:35don't have enough time, you're not going
4:36to get it done. If you don't have enough
4:37space, you're not going to get it done.
4:38like we can't build the Empire State
4:40Building inside this building because
4:41there's not enough space, right? And
4:44what's really really mind-blowing about
4:48this again is that um the first thing
4:50that God tells about himself is that
4:51he's creative. Um the first thing God
4:53tells about us is that he made us in his
4:55image in the be and it's it's he made us
4:58in his image. Um which means he this is
5:03the first thing he tells us about us. He
5:05made us to make stuff and he created us
5:07to create stuff. Which is why if you're
5:09not making something, if you're not
5:10creating something, if you are not
5:15living in your creative space to make
5:17the world a better place, you feel
5:18unfulfilled.
5:20You feel like I'm wasting my life. I'm
5:22just existing because you're not
5:24creating anything. Right? And so, so um
5:28so the first thing God tells about us is
5:30that he made us in his image. And then
5:32the first thing God said to man, go read
5:34Genesis 1 27 and 28. And it says, "And
5:37God blessed them and said unto him, be
5:40fruitful and multiply, replenish the
5:41earth and subdue it and have dominion."
5:43So he said, "Be fruitful." Now the word
5:46fruitful, Genesis 1 tells us what a
5:48fruit is. A fruit is a living organism
5:50whose seed is in itself. So when God
5:52said be fruitful, he's telling us to
5:53produce on the outside what based on
5:55what he put on the inside of us. What
5:56did he put on the inside of us? I
5:58believe that God planted an a the seed
6:03of an aspect of his creativity inside of
6:06all of us. Now he didn't he didn't plant
6:09the same aspect inside of any of us. He
6:13planted a different aspect of the seed
6:15of his creativity inside of each of us
6:17so that you can create something based
6:20on the creativity that God put in you
6:23that helps me and I can create something
6:24that based on the creativity God put
6:26inside of me to help you. It's so
6:28beautiful. So, so I need you. So now now
6:32not only not only is it a good idea for
6:35me to treat you good because you're made
6:36in the image of God, but it's a good
6:38idea for me to treat you good because or
6:40for me to treat you well because it's in
6:42my own best interest
6:44because you're going to have something I
6:46need. So it just makes sense for me to
6:48treat you well and you to treat me well
6:50cuz I got something you need and you
6:51need got something I need. So it just
6:52makes sense. Why would we go through
6:54life burning the bridges of the people
6:56who have the stuff that we need that we
6:57don't have and we can't get without
6:58them?
7:03So he said, "Be fruitful. Produce on the
7:04outside based on what I put on the
7:05inside of you." And then he said,
7:08"Multiply." Well, the the implied verb
7:10of multiply is a do. Multiply means to
7:12increase, by the way. So he said, "Be
7:13fruitful and increase." So multiply. And
7:16by the way, the increase of
7:17multiplication is not geometric. It's
7:19it's not linear. It's exponential.
7:21It's a geometric progression. What did
7:23Warren Wearsby say? Any fool can count
7:25the number of seeds in an apple, but
7:26only God can count the number of apples
7:27in a seed. If you plant a seed, it
7:29doesn't grow an apple. If you plant a an
7:31apple seed, it grows a tree.
7:34And the tree produces apples. And all
7:36those apples have multiple seeds. And
7:38everything is multiplying.
7:40Are y'all tracking?
7:42>> Okay. So, be fruitful. Do multiply.
7:44Multiply is what we do. Increase.
7:47Replenish the earth. Replenish is what
7:49we do. Replenish means to fill up the
7:51earth. So, I'm supposed to use my
7:52creativity to make stuff, to be fruitful
7:55and do things that make things that fill
7:58up the earth. Okay? And then he said,
8:01"And subdue it." Why did he say subdue
8:03it? Because there's a principle
8:08that's woven into the fabric of physics.
8:10We call it entropy. Right? What is
8:13entropy? Anything left to itself tends
8:14to move more and more towards disorder.
8:16Right? The first law of energics
8:19is what? Everything is energy. Energy is
8:22neither created nor destroyed. It just
8:23changes form. Right? So you take the
8:26apple and you eat the apple and you
8:27plant the seed and the seed becomes a
8:28tree and the tree becomes more apples
8:31and the apples be produce more and
8:33everything's it's all nothing goes away.
8:36It just turns into something different.
8:38But the second law is the law of
8:40entropy. Anything left to itself tends
8:42to move more and more towards disorder.
8:46So, in order for me to do it, requires
8:48intention and it requires energy. Are
8:51y'all tracking?
8:54I I thought I was going to do seven.
8:55Okay, that's hilarious. Okay. So, so be
8:59fruitful, do multiply, do subdue. Well,
9:01because of the law of entropy, it's
9:03woven into the fabric of the universe
9:06that and when I say it's woven into the
9:08fabric of the universe, God wo it into
9:09the fabric of the universe because the
9:11universe is not God and God is not the
9:12universe. It's God woven into the fabric
9:15of the universe
9:17that disruption always follows
9:19intention.
9:21So when you decide to do something good
9:25that you haven't been doing, the first
9:27thing that shows up
9:30is not something fun. The first thing
9:33that shows up is not a big payoff. The
9:35first thing that shows up is difficulty.
9:39Isn't it fascinating that you have to
9:40plant food, but you don't have to plant
9:43weeds? They just grow.
9:47I've never met a farm who planted a
9:48weed, but they all have them. Never met
9:50a gardener who planted a weed, right?
9:53It's it's so mind-blowing. Like, if you
9:56if if you're building a new house and
9:58you want to have a yard, you go, you
9:59know, go you got to go buy some sod,
10:00right? You go buy some sod and it's got
10:02like St. Augustine grass or it's got
10:04whatever kind of grass you you have in
10:06your area and you plant that. You put
10:07down those that sod and then you water
10:09it and you take care of it and next
10:11thing you know now you got a yard. Next
10:13thing you know dollar weeds start
10:14popping up. Where do they come from?
10:16Disruption always follows intention.
10:18It's it's so fascinating that part of
10:20our energy we use to produce and another
10:24part of our energy we use to keep the
10:27entropy from seducing what we've
10:29produced.
10:31Like what in the world is happening
10:33here? Okay. So do and then God says have
10:36dominion. Have dominion. Now here's the
10:41formula. Be do have but this part of the
10:46formula B was created for the platform
10:49of time. So this is this is the platform
10:55and this these are the parameters
10:58and the parameters are be do have this
11:02parameter was made for this part of the
11:05platform. Anything you're going to
11:06become that you are not right now takes
11:08time. And see, so many people are in
11:10such a big hurry
11:13that they'll I tried that already for
11:16three whole weeks and and it didn't
11:17work,
11:19right? Isn't that what people say stuff?
11:20Like, what are you what are we talking
11:21about? I I was having a conversation
11:23with one of my clients last night and
11:26she asked me a very valid question. She
11:27said, "My like, you know, in corporate
11:31America, we're taught not to talk about
11:32how much money we make, you know, and
11:34and then and and but in your business,
11:36you talk about how much money you make.
11:38Like, how do you keep employees?"
11:42That's you you've asked that question
11:44before, Trudy, right? That I mean,
11:45that's a valid question, but see, here's
11:47what people don't realize. What people
11:48don't realize is the money that I make
11:51now is not from the work I do now.
11:55The money that I make now is from the
11:56work I did when the work was only
11:58working on me.
12:00>> The money that I make now is from the
12:02gestation period that lasted for
12:04decades. And for somebody to come into
12:06my space and believe that they deserve a
12:11big chunk of this pie just because
12:13they're here and they are helping and
12:14the work that they do is valid. That's
12:15not my point is not that the work they
12:16not do is not valid. It's very valid.
12:20But somebody who's been here for 5
12:22years, they think, "Well, I deserve more
12:24money cuz look how much money you're
12:25making, but I'm not making this much
12:26money because you showed up. I was
12:27making this much money before you showed
12:28up."
12:31And so, let's don't
12:33anything you're going to become is going
12:35to take time. And see, people want to
12:36rush the washing machine. People come
12:38and see something. Even those of clients
12:39I' I've got clients. They come and see.
12:41Oh, I'm just going to go do what my did.
12:42Really?
12:44Really? You're going to spend decades
12:47learning and decades trial and error and
12:50in the beginning more error than trial
12:54and you're going to last through that
12:55learning curve to the point where
12:57something finally clicks that you can
12:58put on rinse and repeat.
13:02See, and most people when they don't get
13:04the result in seven I when I started in
13:06sales I didn't make my first sale for a
13:08year and a half for 18 months but I kept
13:10doing it. Why? Because I didn't have any
13:12place else to go. I didn't have
13:14alternatives. Sometimes our biggest
13:16problem is we have too many choices.
13:18>> Yes.
13:20>> Right. You you got there's so much
13:22opportunity in the world today. You can
13:24do shiny object syndrome until the cows
13:26come home and never make anything work.
13:28Why? Cuz the problem you think the
13:30problem is the opportunity, but the
13:32problem's not the opportunity. The
13:33problem is the opportunist.
13:39One more time.
13:41So, so be be do have God. I I love this
13:46so much. Somebody said to me in one of
13:48comment one of my brother, don't get
13:49distracted by the money and make and
13:52start forget about Jesus.
13:54That's the craziest thing I've ever
13:56heard in my life. As if it's separate.
13:59It's somehow separate.
14:01What are we talking about? Don't forget
14:04about Jes. I'm Jesus is the reason I'm
14:06here. I'm not confused,
14:09>> but I'm not going to step on the brakes
14:10on my productivity because I don't want
14:12to I don't want to not be focused on
14:13What are you talking about, bro? You're
14:15pretending to be focused on Jesus, but
14:16you're working 13 hours a day and
14:18struggling to take care of your family
14:20>> right now.
14:21>> And you're acting like because I'm
14:22making more money, somehow that means
14:24I'm more focused on money. I'm going to
14:25tell you right tell you right now, I'm
14:26way less focused on money than most
14:28people. I'm more focused on time. What
14:33fascinating discovery? This is this is
14:35this is 1B.
14:43One of the biggest differences between
14:45poor people and rich people is poor
14:47people value money more than they value
14:49time. And rich people value money value
14:52time more than we value money. Poor
14:55people value money more than they value
14:56time. That's why they're cheap. Not
14:59they're not cheap. I'm not saying
15:00they're cheap. I'm saying they'll go to
15:02a restaurant. church folk go to a
15:04restaurant on Sunday afternoon, sit
15:05there for five hours, and leave a dollar
15:06tip in a trap.
15:09That's called an anti-witness.
15:14Okay?
15:18So, so we we have to understand that my
15:22desire your desire to have your desire
15:25to have something nice to have nice
15:28experience of life. Your desire to have
15:30like a um a nice car and a nice house
15:33and live in a nice neighborhood, take
15:34nice vacations and have a niceiz bank
15:36account. That desire God gave it to you.
15:44God's the one that gave you a desire for
15:46nicer, better because the first command
15:48was be fruitful, multiply, replenish the
15:49earth, subdue it, and have dominion. God
15:52commanded the man to be progressively
15:54productive in his life his whole life.
15:56Your desire to make th today look better
15:58than yesterday, and this week look
16:00better than last week, and this month
16:01look better than last month, and this
16:02year look better than last year, and
16:03this decade look better than last decade
16:05is God-given.
16:06And Satan wants you to believe that it's
16:09satanic. See, Satan, one of his, one of
16:12his tactics is to make you believe that
16:16your friends are your enemies, and your
16:17enemies are your friends.
16:21>> Remember what he said to Eve in the
16:22garden? You shall not surely die, for
16:24God does know that they eat thereof.
16:26Then your eyes will be open, and you
16:27should be as God's knowing good and
16:28evil. What's he saying? He's saying
16:29God's just keeping something from you.
16:31He's just God's just trying to keep you
16:32from being like him.
16:35So
16:37you want to do something really good for
16:38your life, stop attending Satan's Bible
16:40studies. Say it again.
16:42>> What does that even mean? Stop attending
16:44Satan's Bible studies. If you make the
16:46mistake of thinking that everybody who
16:48talks about the Bible is representing
16:49God, you are delusional.
16:52The very first temptation in the history
16:54of the world, Satan used what God said
16:58to deceive. He twisted what God said to
17:00deceive Eve in the garden. He also
17:02twisted in the first temptation of
17:04Christ. He twisted what God said to
17:05attempt to to deceive Jesus. But Jesus
17:08is the truth and the truth cannot be
17:09deceived.
17:11>> Okay? So have your desire to have is
17:14God-given. So God said, I'm going to
17:17give these people an intense desire to
17:18have. And then I'm going to tell them
17:20I'm going to give them I'm going to give
17:22them some some some principles and laws
17:26that these are the things you must do in
17:29order for you to have what you want to
17:30have.
17:32So, so having speaks to my property. I'm
17:35going to stop on this one for for this
17:38part for this mindset shift. Having
17:40speaks to my property, doing speaks to
17:42my activity.
17:46So,
17:47God knew that when I attempted to do
17:49something that I don't have an ability
17:52to do,
17:54I would become frustrated.
17:56I'd feel challenged. I would feel
17:58insignificant and insufficient. And I
18:01but the reason he did that was not to
18:03frustrate us, but to get us to yield to
18:05the thing he cares about most. We care
18:06the most about this and so we do a lot
18:09of this. God cares the most about this.
18:12And while we're ignoring this, we can't
18:14do this and we'll never have that. God
18:17cares the most about us becoming being
18:19speaks to my identity.
18:24And when I when I yield to who God says
18:26I am, when I recognize that I am who God
18:29says I am, so it doesn't matter. So I if
18:31I am so intimately familiar with who God
18:33says I am,
18:35then your misunderstanding of me is not
18:38my concern.
18:42People like it's so funny.
18:45So I have been called a prosperity
18:48gospel preacher.
18:51Myron, are you a prosperity gospel
18:52preacher? I don't know. What do you mean
18:53by that?
18:54That would be my question if you mean do
18:56I believe in biblical prosperity? 100% I
18:58do because prosperity is a Bible word.
19:01In fact, I remember reading something
19:03that says something like um blessed is
19:06the man that walketh not in the counsel
19:08of the ungodly, nor standeth in the way
19:10of sinners, nor siteth in the seat of
19:12the scornful, but his delight is in the
19:14law of the Lord, and in his law doth
19:15does he meditate day and night. And he
19:17shall be like a tree planted by the
19:18rivers of waters that bringeth forth his
19:20fruit in his season. His leaf also shall
19:22not wither. and whatsoever he doeth
19:25shall prosper.
19:27Now, whatsoever he doeth shall prosper
19:31sounds relatively all inclusive.
19:37I don't know. Whatsoever he doeth shall
19:40prosper. That means when he does it, it
19:42works.
19:43>> Let me ask you a question. How many
19:45Bible believing, Bible thumping,
19:46churchgoing people do you know who are
19:49actually living that?
19:51Uh
19:53>> yeah. So if that's what you mean by b
19:54prosperity gospel preacher, the word
19:56gospel means good news. And the good
19:58news about prosperity is you can be
20:00prosperous now. But if you mean am I
20:03telling you to give me money and God's
20:06going to bless you? No. I don't do that.
20:07I don't have any blessings for sale.
20:11>> I No, I'll tell you right now. If you
20:12give me some money, God might bless you.
20:13And then again, maybe he won't. I don't
20:15know. I don't know. Tell you what, you
20:17want to give me some money, you give me
20:18the money, and then you come back and
20:19tell me what happened after that. I
20:20don't know.
20:22I don't have any blessings for I'm not
20:23going to make you a promise that God's
20:24going to do something for you because
20:25you gave me some money. I don't do that.
20:29>> I
20:32I've been called I've been called a
20:35false prophet. That's interesting.
20:37That's an interesting accusation. But
20:38guess what? I don't have time to care. I
20:41have been called the antichrist. I know.
20:44[Laughter]
20:47I have no idea. Anti what? Child,
20:50please. Okay.
20:54It's so fascinating
20:57how super religious people
21:00get their doctrine from loud sermons.
21:05>> Go read the Bible. Go study it. First of
21:08all, you might come ac if you read the
21:11whole Bible, you might come across a
21:12passage that says something like this.
21:13The servant of the Lord shall not
21:14strive. You might find that one in
21:16there.
21:18Be not overcome of evil, but overcome
21:19evil with good.
21:21Be ye kind one to another, tender heart.
21:23I mean, there there's all kinds of stuff
21:24in there that tells us about our
21:26attitude.
21:28Anyway,
21:29okay. B see here's what I know. If I am
21:33made in the image of God and God planted
21:36the seed of an aspect of his creativity
21:38inside of me, that means I know I can do
21:41anything he tells me to do.
21:46God tells me as a man that I'm supposed
21:48to love my family. I'm supposed to love
21:49my wife. I'm supposed to provide for my
21:50house. I'm supposed to I'm supposed to
21:52leave an inheritance to my children's
21:53children. I can't say, "Well, leave an
21:55inheritance to your children's children
21:57and other impossible dreams." I can't
21:59say that.
22:03Ladies, God gives you a template for how
22:07to be like the most valuable woman ever
22:11in Proverbs chapter 31. And you know
22:12what Christians do? They'll write books
22:13like the Proverbs 31 women woman and
22:15other impossible dreams.
22:19So what you say about what God said is
22:21more valid than what God said about what
22:22God said.
22:25It's so fascinating. All we have to do
22:26is yield to being who God called us,
22:29created us, and then called us to be.
22:30That's all I got to do. I gota Okay, if
22:31I will become more, I will have the
22:33ability to do more. And if I do more, I
22:35automatically deserve to have more. So,
22:37that's the first mindset shift. Okay, we
22:40only got six more to go.
22:44The next one that shifted my existence
22:47was kind of based on the same passage
22:49and it's this one,
22:52the four levels of value. The lowest
22:54level of value is implementation.
22:56down here. You use your muscles over
22:59time to make money.
23:02Wealth
23:06is
23:07a spiritual
23:13it's a spiritual attribute. Wealth is
23:16spiritual.
23:19In fact, poverty is always the result of
23:22spiritual warfare.
23:25>> Always. There are no exceptions to that.
23:29Man lacked nothing until Satan attacked
23:31in the garden and man believed Satan's
23:33word over God's word. Poverty is always
23:35the result of spiritual warfare. Okay?
23:38So implementation is the lowest level of
23:41value. We like wealth is not money.
23:45Wealth is my ability to create value for
23:48someone other than me. And if the only
23:51thing I have to use to create value for
23:53someone other than me is my muscles over
23:54time. the amount of wealth I'm going to
23:56create is going to be limited.
23:59Are y'all tracking?
24:01>> If you go to a hotel, I don't care if
24:04you're paying $2,300 a night for a hotel
24:08room. The people who make the least
24:10amount of money working at that hotel
24:12are the housekeeping staff. Nobody wants
24:14to stay in a dirty hotel room.
24:17Like, we ain't having it. Right?
24:21Find a piece of hair in the sink. You go
24:22down. My sink is dirty. Right?
24:27Without housekeeping staff, you can't
24:29have a hotel. And yet, they get paid the
24:32least. Why? They don't get paid the
24:34least because of what they do is not
24:36valuable. What they do is immensely
24:38valuable, but it's on the lowest level
24:40of value. The level of value that they
24:42work on has a ceiling. Are y'all
24:44tracking? So, the next lowest level of
24:46value is unification.
24:50On this level, we use management skills
24:52to make money. And if you're managing
24:55other people, that is a higher spiritual
24:57activity than doing the thing yourself.
25:00Oh, now I get it. So managers make more
25:02than the people they manage. Even though
25:04the people they manage are doing more of
25:05the the work itself than the manager
25:10on a unification level. Like there's
25:12limitations on the low end. You might
25:14make 80,000 a year on the high end or
25:16you might make 250,000 a year, but
25:19there's a ceiling. You can't you you you
25:21can't create wealth doing this. You can
25:24create wealth while you're down here.
25:25You can create wealth if you're down
25:26here. If you do the right things with
25:28your money, but you won't be creating
25:29the wealth because of this or because of
25:31that. Are y'all tracking? Wealth begins
25:33to be created above this line.
25:39And this is where wealth begins to be
25:41created. Communication.
25:45Use your mouth to make money. Two
25:48caveats. Number one, you must have a
25:50mouth.
25:53Congratulations. All of you are in the
25:55catbird seat right now. Number two, you
25:58have to learn how to use that mouth
26:00effectively to communicate messages that
26:02move the masses and have conversations
26:04that create cash flow.
26:08So, the highest level is imagination.
26:15Now, I've I've often said I got this
26:17from Genesis chapter 1. And I know
26:18people saying, "Well, ain't in Genesis
26:19chapter 1." I didn't see that in Genesis
26:20chapter one. So, I'm going tell you I'm
26:22going to tell you what I saw. Here's
26:23what it says. And God said, "Let us make
26:26man in our image." So, in order for God
26:28to say, "Let us make man in our image,"
26:30what had to exist before God could say
26:32that? The image.
26:34Imagination. Image is the root word for
26:36imagination. So, God made man to have an
26:39imagination. And then it says, "And God
26:41said, what's that?" Communication.
26:44God didn't say, "Let me make man in my
26:46image." He said, "What?" "Let us make
26:48man in our image." Unification.
26:51The last thing it says in Genesis 2:7,
26:53it says, "And the Lord God formed man of
26:56the dust of the ground." That's
26:57implementation. Our body is the the
26:59lowest part of us. By the way, did you
27:02know that that's why that's why we use
27:05like animals when they go eat, they
27:07lower their face to their food? Why?
27:09Because the body is what in it is what
27:11it is. Horse is a horse is a horse. Of
27:13course, when humans eat, we put our food
27:15on a plate and then we use utensils to
27:18lift the food to our head. You know what
27:20that's a picture of? That this part of
27:22me is giving a sacrifice to this part of
27:26me. It's a picture. So, this right here
27:31changed my life when I said, "I'm done
27:34spending most of my time. I'm not done
27:36down here. I don't I still do stuff down
27:37here, but I spend 80% of my work is up.
27:4180% of my work is up here and only 20%
27:44max is down here.
27:48Game changer.
27:50I don't like talking. Okay, cool.
27:54Keep cutting the grass.
27:58Keep washing the car. Keep fixing Keep
27:59fixing your car, right? Keep cleaning
28:02the hotel.
28:06I didn't put this in there. Okay, so
28:07four laws, four levels of value. Um,
28:10next one. I'm just going to do this one
28:12really quickly. It's easier to make a
28:14lot of money in a short period of time
28:15than it is to make a little money over a
28:16long period of time. That changed my
28:17life. It's easier to make a lot of money
28:20in a short period of time. I I don't
28:23care what your definition of a lot of
28:25money is. I don't care what your
28:28definition of a little bit of time is,
28:31but let me put it in like 20 2025
28:34language. It's easier to make a $100,000
28:37a month than it is to make $100,000 a
28:40year.
28:44It's easier to make $100,000 a week than
28:46it is to make $100,000 a month. It's
28:49easier to make $100,000 in a day than it
28:51is to make $100,000 in a week. And it's
28:52easier to make $100,000 in an hour than
28:54it is to make $100,000 in a day. And I
28:57know all of those are true because I've
28:58done all of them and I'm not bragging
28:59and I've shown other people how to do
29:00all of those and they've like it's not a
29:03myin thing.
29:05It's easier to make a lot of money in a
29:07short period of time. Your problem is
29:09not that that's not true for you. Your
29:11problem is that you don't know how to
29:12believe it
29:14because if you believed it, you would do
29:16the same thing I did when I discovered
29:17it. And you know what I did? I made a
29:19decision.
29:21I be once I became aware of this because
29:23all transformation are six levels of
29:25transformation. Awareness, intention,
29:28decision, discipline,
29:30recognition, and celebration. And so
29:33when I became aware of the fact that
29:34it's easier to make a lot of money in a
29:35short period of time than is make a
29:36little money over a long period of time,
29:37I made a decision. I set an intention
29:39and made a decision. And my intention
29:41was, I'm not doing the hard stuff to
29:43make a little bit of money anymore. I'm
29:44done.
29:48>> I'm done. I made a decision. And when I
29:50made that decision, I had enough
29:51discipline to stick to it. I'm not
29:53looking for I'm not going to look for
29:54I'm not going to look at any of the hard
29:56ways to make a little bit of money. And
29:57you know what happens when you do that?
29:59How much is a little and how much is a
30:00lot changes. Somebody call me, "Hey, I
30:03got this great way to make $50,000. I
30:04don't want to have a conversation with
30:05you about making $50,000."
30:07Because to me, not because I'm all that
30:10in the back. Like it's that's that's not
30:12a good use of my time,
30:15but it's not because I'm all that. It's
30:17just because this awareness has shifted
30:20everything for me and it'll shift
30:21everything for you if you can just get
30:23yourself to believe it. Okay?
30:27And so
30:29it's easier to make a lot of money a
30:32short period of time than to make a
30:33little money over a long period of time.
30:37I've got four more. This is crazy. What
30:40happened to all that time? Okay. Yeah,
30:42I'm doing great. I'm doing wonderful.
30:44So, here's what we're going to do. I'm
30:46going to do a part two.
30:49I've entitled this video escaping the
30:50rat race because so many people feel
30:53trapped in a cycle that feels extremely
30:57unproductive. And I'm going to share
30:59with you some principles that I've
31:00discovered that helped me escape the rat
31:02race. And this is a continuation
31:05of a video that I you saw the first part
31:08of last week if you saw it like the
31:10video we released last week. Because
31:12right now, while you're watching this, I
31:14am on vacation. Okay? And so, um, but
31:18I've gave I've given this video a
31:19different title, escape the rat race.
31:21And I'm going to give you the last four
31:22mindsets that have made me millions of
31:24dollars. We talked about mindsets that
31:26make millions last on the video last
31:28week. Well, these are the final four of
31:30those mindsets that make millions. So,
31:33um, the first one was from last week was
31:35be do have, and go watch the video if
31:37you don't know what I mean by that. The
31:39second one was the four levels of value.
31:41And the third one was it's easier to
31:43make a lot of money in a short period of
31:44time than it is to make a little money
31:46over a long period of time. Um the next
31:49one is nothing is expensive,
31:53right? Nothing is expensive. And I I was
31:55listening to a Jim Ran audio series a
31:58long time ago and um he said he said to
32:02his mentor, Mr. Earl Earl Schae, he
32:05said, "Mr. show. Um, he said, "I can't
32:10buy that because it's too expensive." He
32:12said, and he said, his mentor said to
32:14him, "It's not too expensive, Mr. Ran.
32:17You can't afford it." And and the
32:20difference is
32:22if it's too expensive, the problem is it
32:26and you can't fix it. But if you can't
32:29afford it, the problem is you and you
32:32can fix you. You're the only person who
32:34can fix you. And obviously when I talk
32:37about fixing you, I'm talking about your
32:38habits, right? I'm not talking about
32:41you get it. So, so nothing's expensive.
32:46Everything just costs what it costs. In
32:49fact, there are things you buy right now
32:52that
32:53there was a time in your life when you
32:56felt like they were expensive. They were
33:00too expensive. So
33:02when I when I had a poverty mindset,
33:06I used to tr like my whole life was
33:08figuring out how can I get it for less,
33:10how can I get it for less, how can I get
33:11it for less, how can I get it for less.
33:13And I remember my brother Rob, he went
33:16off to the Marine Corps and we grew up
33:19really really poor. Like there was there
33:20was nine of us in my in our house unless
33:23my parents brought some of our cousins
33:25to live with us for the summer and then
33:26there might have been 13 or 14 of us,
33:28right? And we never lived in mansions or
33:31anything. And and my f my parents worked
33:33hard but you know it it was a struggle
33:35to feed seven sons and then sometimes
33:37they're cousins. And so so
33:41I learned how to take something that was
33:45not enough and make it do. My dad called
33:47that Mr. Make do. I'm going to introduce
33:49you to Mr. Make do. You just find what
33:51you need and you make it do. Right? You
33:53find what you can find, make it do. And
33:55um and so so my whole mentality growing
33:59up was okay, we would buy cheap cars and
34:01then we'd spend hours and hours working
34:03on them, changing the transmission,
34:04changing the engine, fixing. And some of
34:06you know exactly what I'm talking about.
34:08You've lived that life, right? And and
34:10and it wasn't a bad experience. It was
34:12just my experience. Some I a lot of
34:16times we think of things in the past
34:17that were difficult and painful. We
34:19think and it wasn't even painful, but we
34:21think of things that are difficult and
34:22painful as being bad. They weren't bad.
34:24They were just they were part of your
34:25they were part of your preparation for
34:27your assignment. Anyway, so so so I
34:30would buy raggedy cars. In fact, my very
34:32first business that wasn't I didn't even
34:34realize it was a business was I when I
34:36came home for the summer uh from after
34:38my first year in college and I bought a
34:40car for $50 from the Paxtane Herald in
34:42Harrisburg, Pennsylvania and I drove it
34:44around all summer. Then I sold it for
34:45$300 before I went back to college.
34:47Right. And I made $250 profit on that
34:49car. Well, the business that I started
34:51was I started buying old raggedy cars,
34:55fixing them up and selling them, right?
34:57And so and and and so if I was going to
35:00buy a house, I wanted to get the
35:01cheapest rent I could get. And if that
35:02meant I had to spend months working on
35:04the house, then I would spend months
35:06renovating the house for the person who
35:08owned the house so I could live in the
35:09house and only pay $150 a month for rent
35:12or $250 a month for rent or $300 for
35:15rent, right? So, I would get the house
35:16for as little as I could and do as much
35:18work as I had to to make that work,
35:20right? I remember the very first house
35:22that I bought was a five- bedroomedroom
35:24brick row house in Harrisburg,
35:26Pennsylvania, 636 Emerald Street. Um,
35:28and I bought it at the tax sale because
35:31there's a sale in every county there.
35:34They have a tax sale. They have they
35:35have a judicial sale and a municipal
35:37judicial sale and a municipal municipal
35:39sale. I think they're what it's called.
35:40Well, the judicial when you buy a tax a
35:43house on the tax sale for the judic
35:45judicial sale, you don't have to pay off
35:47the old taxes. You just buy the house
35:48and you own it free and clear. And so,
35:51but you go to an auction and there are
35:52other people bidding on this house. And
35:53so, I had like seven houses that I was
35:56going to bid on, right? And I didn't
35:57have a ton of money. I had a job. So,
35:59you know, I had a few thousand. And so,
36:01I go to this house and I had a couple
36:03houses I was and some of the houses I
36:04looked at I wasn't really crazy about,
36:05but I was willing to bid on them. And
36:07then people were like running these
36:08things up into the thousands of dollars.
36:09I'm like, I'm not going to get a house
36:11today, right? And so then 636 Emerald
36:14Street, whatever the lot number was,
36:16blah blah blah, it came up and said, um,
36:18can I get a bid for $200?
36:21Can I get a bid for $200? Because they
36:23started all the bids at $200. Can I get
36:25a bid for $200? Nobody said anything.
36:26And I'm like, I'm I know how to
36:28negotiate. I'm not going to be in a
36:29hurry because then people are going to
36:30start like, can I get a bid for $200? I
36:33wait until he said it about four times
36:34and I'm like I'm not I'm like I I'll
36:37give you a bit of like I didn't want
36:38anybody to see my hand. I didn't go like
36:40I'm like he said I got 200. Can I get
36:43250? I got 200. Can I get 250? I got
36:45200. Can I get 250? Sold for $200. I
36:48bought that house for $200.
36:51That was my first house. I spent years
36:54renovating that house,
36:57which is okay, but that's what I knew
36:59how to do. That was the first house I
37:01ever bought. I spent $200 on that house
37:06because I thought buying a house the
37:09regular way, it was too expensive. But
37:12it wasn't too expensive. I just couldn't
37:14afford it. And the reason I couldn't
37:16afford it was because of the way that I
37:17was thinking about money. And the way
37:20that I was thinking about money as it
37:21relates to me and the way that I thought
37:24the things that I thought you had to do
37:25to make a lot of money, I wasn't good at
37:28any of them. I thought, are y'all
37:30tracking? I thought I wasn't good at any
37:32of them. I was actually good at some of
37:33them. I just didn't know I was good. And
37:34I didn't know the things I was good at
37:35could make you money. It's so
37:37interesting how we all have sktoomas. We
37:40all have blind spots. And I had some
37:42blind spots that were like,
37:44I don't know. And so, so that was the
37:47first house I bought. Well, the last
37:49house I just bought was 2.4 million.
37:52That's way more expensive than 200. So,
37:54what happened? Did houses change? Did
37:57the housing market change? Yeah, houses
37:59got more expensive. So, so nothing is
38:03really expensive. Everything costs what
38:04it costs. Like, it amazes me that people
38:06obsess over the price of gas and they
38:09know they have to put gas in their car
38:10anyway. What difference does it make?
38:11What difference does it make? How much
38:12it cost? I'm not saying that because and
38:14I know some of you are going to say,
38:15"Oh, that sounds like a snoody rich."
38:17No, no, no. I'm just saying when I was
38:19poor, I didn't obsess over the price of
38:21gas. Why? I knew I had to put it in my
38:22car anyway. I was either going to put it
38:23in my car or wear out my sneakers.
38:25Right? Those are my choices. And so,
38:27nothing is expensive. I just have to if
38:30I want to be able to afford if I want to
38:32be able to afford things that I desire
38:34to have, I have to learn how to think
38:36better, right? And if I learn how to
38:39think better, then I will be able to
38:42afford whatever I desire to afford. In
38:45fact, um, by the time you watch this
38:47video, you can go back to a video that I
38:49released as a live on, um, on July 14th,
38:562025 called Money Traps, and I break
39:00down
39:02how for rich people, everything costs
39:05the same amount. It doesn't matter if
39:08I'm buying a bottle of water, a pair of
39:10shoes, a car, a house, or a private
39:13island. It all costs the same amount.
39:15So, if you want to like go back and
39:17watch that video, okay, from July 14th,
39:202025 as a live. Go watch that. It's
39:22called Money Traps. Okay, cool. So,
39:24nothing is expensive. So, that was a
39:26that was a mindset shift. So, all I had
39:28to do was figure out then I didn't I
39:30didn't have to figure out how to make it
39:31cost less. All I had to figure out is a
39:33way All I had to do is figure out a way
39:35that I could afford it. and then it
39:37didn't matter. Does that make sense
39:38everyone? Yes.
39:39>> Okay. So, so that one changed my life.
39:41Nothing's expensive. And so, by the way,
39:44the reason that's such an important
39:46thing is because if I say it costs too
39:49much,
39:53what I'm doing is I'm making a dead-end
39:55statement.
39:57But I can change that. I can change the
39:59dead-end statement. I don't I in fact I
40:01don't have if if what if I never said it
40:03cost too much again or it's too
40:05expensive or what if what if I never
40:06even said I can't afford it again.
40:09Instead of making a dead-end statement
40:12let's ask an open door question. Would
40:15y'all like to know what an open door
40:17question is? Yes.
40:18>> Instead of saying it's too expensive or
40:20it costs too much or I can't afford it.
40:22What if I said how can I afford this?
40:27Like and if I apply the principles we
40:29talked about on the video from last
40:30week, be do have. Who do I have to be to
40:33afford this? What do I have to do to
40:36afford this?
40:38Oh, that's so helpful. Who do I have to
40:41become so I can afford this? What do I
40:43have to do so I can afford this? Cool.
40:45Okay, so nothing's expensive. We got
40:47that one. Then this one shook me to my
40:50core. So I don't know what happens to
40:52you when you're reading a book and you
40:54come across a word and you don't know
40:55the definition. I don't know what I
40:57don't know what happens to you. Well, I
40:58know you you probably yawn. Most people
41:00yawn. I don't know if you know. Just pay
41:02attention to that next time you read a
41:04book and you come across a word that you
41:06don't know the definition. You will go
41:07like your brain's looking for some
41:09oxygen, right? Okay. Um maybe you feel
41:13like you're drowning in confusion. I
41:14don't know. But I yawn. So, but what I
41:16do when I come across a word that I
41:18don't know what it means, I go look it
41:19up. Why? Because if I don't know what
41:22that word means, I can't understand
41:24anything that comes after it.
41:26Are y'all tracking?
41:28>> And so I go look up the word. And so I
41:31was watching a video on YouTube and it
41:35was like a five maybe seven minute
41:36video. Dr. Jordan B. Peterson starts
41:39talking about Price's law. I'm like,
41:41Price's law? I've never heard of that
41:42before. Price's law? What is that? And
41:45this professor, um, Professor Derek
41:48Price,
41:49he discovered this principle and and he
41:52discovered that it's true across the
41:54board. And I'm going to show it to you
41:55on the board here in a minute, but I'm
41:57like, what is he talking about? What
42:00does this mean? And what does this mean
42:03to me? Like, what can I do with this
42:05information? Cuz like I I mean, knowing
42:07a cool principle is nice, but having
42:10something to apply it to is better. Like
42:12when I learn something new, my first
42:13question is, how can I use this? How can
42:15I use this? How can I use this? Right?
42:16How can I use this? Like how can I apply
42:17this to my life and make my life better?
42:19Right? Um, and so here's what here's I'm
42:23going to state Price's law and then I'm
42:24going to illustrate it on my trusty
42:26digital blackboard. So here's what
42:28Price's law states. Price's law states
42:29that 50%
42:32of the production of any domain is
42:36produced by the square root of that
42:38domain.
42:40Now he said so many words that I had to
42:43think about in that sentence. I mean so
42:45many 50% got that of the production got
42:48that of any domain. Okay, I think I got
42:50that is produced by the square root the
42:54square root of that domain. What is
42:57that? What in the world are we talking
42:59about right now? Well, here's what we're
43:00talking about. In fact, I'm going to go
43:02I'm going to go draw it for you because
43:04this is so cool. This is so cool. This
43:05is one of the coolest things I've ever
43:06learned in for for the purpose of high
43:08achievement. This is this may it's one
43:11of the coolest things I've ever learned.
43:12Okay. So he said it doesn't matter if
43:14it's a garden, if it's a sports team, if
43:15it's a sales team, if it's a business,
43:17if it's a country, it doesn't matter if
43:19it's a family, it doesn't matter. 50% of
43:21the production of any domain is produced
43:22by the square root of that domain. Okay?
43:24So what that means is if you have four
43:27tomato plants, the square root of four
43:30is two. So the four is two square.
43:35When you square a number, you're
43:36multiplying that number times itself,
43:38right? So 2 * 2 is four. Four is two
43:41square. 3 * 3 is nine. 9 is 3 square. 4
43:44* 4 is 16. 16 is four square. Y'all get
43:47it? Okay. So 50% of the production of
43:49any domain is produced by the square
43:51root of that domain. Which tells because
43:53two is the smallest whole number that
43:55you can square that like it changes into
43:58a different number. Like 1* 1 is only
44:00one, right? Okay. So 2 * 2 is four. So
44:02that means if you have four tomato
44:04plants
44:06or salespeople or businesses,
44:10it doesn't matter if you have four. In
44:13fact, I'm going to do this. I'm going to
44:15move these down
44:18there. That makes it better. Okay. So,
44:20it doesn't it doesn't matter what what
44:22arena they're in. it. If you have four,
44:25half of the production, half of the
44:28production is going to be produced by
44:30two
44:32of the whole domain, right? Like if you
44:35have four tomato plants, two of the
44:36tomato plants are going to produce half
44:38tomatoes. If you have four salespeople,
44:39two of the sales people are going to
44:40have produce half of the sales and make
44:42half of the commissions. If you have
44:45four businesses, two two of the
44:46businesses are going to produce the
44:47gross domestic product of the whatever
44:49that area is. Okay, cool. That's makes
44:53perfect sense because two is half of
44:55four. But when the numbers get bigger,
44:58it stops making sense.
45:00And this is why this this this like
45:02messed with me for weeks. I don't and
45:04maybe you are not as weird as I am, but
45:06but that messed with me for weeks
45:08because if I change the square root to
45:10three, then the square becomes nine. So
45:13if I have nine tomato plants, nine
45:15salespeople, nine businesses, half of
45:17the production is going to be produced
45:19by three.
45:20So, if I got, let's call it salespeople,
45:22you're all entrepreneurs or would would
45:24be entrepreneurs. If you got nine
45:26salespeople, three sales people are
45:27going to make half of the commissions,
45:28the other six people are going to have
45:30to split the other half.
45:31>> Yes.
45:33>> What
45:36if you have if you have if you have
45:38three businesses in a town, I mean, nine
45:41businesses in a town, three of them are
45:42going to produce half of the production,
45:44half of the wealth, half of the money of
45:45that town. The other six businesses have
45:48to split the rest.
45:50Are y'all seeing why this is such a
45:52challenge? Okay, then what what happens
45:54when you get to a bigger number? Let's
45:55go to 10. Let's go to um 10 square. 10
45:59squared is 100. If you have a hundred
46:01salespeople, 50% of the commissions made
46:03by 10 people. Now, this is starting to
46:05get ridiculous,
46:08isn't it?
46:10Basketball players, golfers, baseball
46:12players, football players, musicians, it
46:14it's it's across the board. You'll see
46:16that it's true in a minute. Like I'm
46:18getting chills thinking about this. Like
46:19when I name those different categories
46:20and I think about how many people there
46:22are who are at the top of the top of the
46:24top of the top, it's always very small.
46:26And see and and and so this is how we
46:29this is one of the ways we know that
46:30when the government says they're going
46:32to sol they're going to solve income
46:33inequality, they're lying
46:37>> because income is the result of
46:39productivity.
46:40>> And if you don't fix productivity
46:42inequality, you can't fix income
46:44inequality.
46:45Are y'all tracking? Okay. So what
46:48happens when it becomes 100? 100 times
46:51100 is 10,000. This is crazy. What are
46:54we talking about here? We're talking
46:55about if you have if you have a big
46:56business like Century 21, like like
46:59Credential, like Metife, you have a big
47:01company that sells like across the
47:03country or across the world. If you got
47:05a 10,000 salespeople, 100 salespeople
47:08make half of the commissions.
47:11Does that wreck your mind?
47:14And then here's what here's what wrecks
47:16my mind too. So now we got 9,990
47:209,900.
47:21We got to apply Price's law to that too.
47:23And then it happens again. And then
47:24whatever's left over, we apply it to
47:25that again. And it happens again. And it
47:27keeps happening.
47:29This is absolute bananas,
47:32right? So
47:35what's Oh, how about this? There are 30
47:38million businesses in the United States.
47:4130 million businesses. You know what
47:44that means? That means that half of the
47:47gross domestic product of the United
47:48States of America is produced by the
47:50square root of of uh 30 million, which I
47:54think is 5477.
47:595,477
48:01businesses produce half of the wealth
48:05in the whole country of the United
48:06States of America.
48:09And if you don't believe me, think about
48:10it. How many Facebooks, Google's,
48:13Apples, etc., etc., etc. Are there that
48:16make trillions of dollars? There's a
48:17handful of companies that make
48:18trillions, another bigger handful that
48:20make billions, and then when you start
48:22getting down to hundreds of millions and
48:23tens of millions, it just the numbers
48:24just keep getting smaller. Now, why is
48:27this so significant? What there's has to
48:29be like this has to mean something
48:32practically, doesn't it? It has to mean
48:34something practically. So then my like
48:36this is why it messed me up for at least
48:38weeks, maybe months. like what can I do
48:40with this information? Well, here's what
48:42it mean. Here's what I discovered from
48:44this practically. You ready? Here's the
48:46here's the mind the the brain breaker,
48:48the mindblower. Y'all ready?
48:51Mediocrity
48:52scales exponentially.
48:56Think about that. Being average, being
48:58mediocre is something that scales
49:01exponentially. Mediocrity scales
49:03exponentially, but excellence only
49:06scales incrementally.
49:08God,
49:11is that the is that crazy town?
49:15That's why you only have like one
49:18Michael Jordan or you got like when
49:21Michael Jordan was in the league, you
49:22got Michael Jordan, you got Larry Bird,
49:23you got Magic Johnson, you got Kareem
49:26Abdul Jabar, like you have a handful of
49:28people out of hundreds of basketball
49:29players that are considered to be among
49:32the best in the world. Like you have the
49:33all-star team and then you have
49:35everybody else.
49:37Like in like I'm a golfer so I think
49:39about golf like there are only maybe
49:43maybe two golfers that I know of maybe
49:45two maybe three golfers that have ever
49:47won more than 10 majors out of the
49:49thousands of professional golfers that
49:51have ever been.
49:54Now, you know what that means? By the
49:57way, that that probably sounds
49:58discouraging to some of you
50:01until you remember something else that
50:03Jim Ran said. Are y'all ready? There's
50:06plenty of room at the top. It's the
50:08bottom that's crowded.
50:12>> Average and ordinary has way more
50:15competition than excellence.
50:23Let this change your game forever. So I
50:25have to ask then I start asking myself
50:27the question okay who do I have to
50:28become? What do I have to do to be one
50:31of the fantastic few and not be one of
50:33the mediocre many? And then I focus on
50:35those things because if this is true for
50:38people
50:40it's also true for the activities of
50:43those people.
50:45So you take 10 things that you're doing
50:47not no not 10 things you take 100 things
50:49that you're doing you're 100 things that
50:51you're doing right now 10 of them are
50:53producing half of your results
50:55[Laughter]
50:58>> what if you if you if you if you take
51:01nine things that you're doing right now
51:03six of them are pretty much unnecessary
51:06six of them three of them to produce
51:08half your results we can focus on like
51:11if we will take inventory of our
51:13activities we can figure out what's the
51:16square root that's producing half our
51:18results and focus most of our attention
51:19on that and then we take the other we
51:21take the other six things are left over
51:23and then we square root that and we
51:24figure out which things in that are
51:25causes most of the results in that part
51:27and then we get rid of and you can
51:28optimize your life you can optimize your
51:31business
51:33because mediocrity scales exponentially
51:36but excellence only scales incrementally
51:37okay cool now what's the next one
51:41oh my goodness
51:43oh my goodness
51:45If you want to you you talking we're
51:48talking about mindsets that make million
51:49mindsets that make millionaires
51:53calculate the cost of inaction every
51:56time you calculate the cost of action.
52:01See most people know how much it cost if
52:04they do do what? Whatever. But they
52:08don't know how much it cost if they
52:09don't.
52:12>> Wow. Ah, I think about I think about
52:18Yeah, I got time to tell you this
52:19because I only have one more
52:26think I think about back in 2001
52:31when I did this event in Waco, Texas,
52:35and I invited this guy named Jerry to
52:38come and speak at my event. And Jerry
52:41had been in the business of speaking for
52:4415 years. I was just getting started.
52:48And I let Jerry speak at my event. He
52:50made an offer. Jerry made some sales. He
52:52made 10 times as much in as as I did.
52:56Okay? Because I that was my first event.
52:58I did $350 in sales. Jerry did $3,500 in
53:01sales. And there were only like 35
53:03people there. I'm like, "What what just
53:04happened?" And so Jerry says, "Hey, when
53:06you come to Dallas tomorrow, let's have
53:07lunch when before you fly back home." I
53:09said, "Okay, cool." So, we go to lunch.
53:10He spends two hours breaking down the
53:12speaking business to me. And then he
53:14said something that sounded crazy to me.
53:17He said, "Oh, don't worry about it, man.
53:19I got lunch." I said, "Oh, no, sir. No,
53:21sir. You're not a gonna teach me how to
53:23make a million dollars and buy my
53:24lunch?" "No, no, no, no, no, no, no. We
53:26ain't doing that. I got lunch."
53:29And I asked him about that a few years
53:30later. I said, "Jerry, do you remember
53:31when you offered to buy my lunch that
53:32day?" He said, "Yeah, that was a test."
53:35He said, "If you would have let me buy
53:36that your lunch that day, I wouldn't
53:37have had anything else to do with you.
53:41because I would have realized you're a
53:42taker and not a giver. It's like he was
53:45giving me a test and didn't even tell me
53:46I was taking it. At least in school they
53:48tell you you're taking test but in life
53:50life doesn't tell you when you're taking
53:51a test.
53:53And that changed that day changed my
53:56life because Jerry
53:59Jerry took an interest in me. Now, I
54:01paid him for some of his trainings and
54:03he ch he taught me a whole bunch of
54:04stuff, but that changed my life because
54:08I took action and didn't let him buy my
54:11lunch and it changed my life.
54:19If there's something you can do to make
54:22your life better
54:24and the only thing it's going to cost
54:26you is money.
54:30And you say no because of the price,
54:34you are saying no to opportunities in
54:37the future that are so bright if you had
54:40access to them, you'd have to sleep with
54:42sunglasses on.
54:46But we calculate the cost of action, but
54:49we don't calculate the cost of inaction.
54:52>> By the way, when you're selling, if
54:54you're an entrepreneur and you sell, if
54:57you show people how much it costs if
54:58they say yes, but you don't show them
55:01how much it costs if they say no, you've
55:04done them a disservice.
55:07How many y'all tracking? I I I could
55:09name I could name dozens of people,
55:12clients of mine who if I named them, you
55:14would know them, who've done millions of
55:16dollars in revenue in a day. But in
55:18order for them to do millions of dollars
55:19in revenue in a day, I they want they I
55:23taught them how to do that. So they had
55:24to pay me tens of thousands of dollars.
55:27Some of them paid me hundreds of
55:28thousands of dollars.
55:30I'm not saying that because I have
55:31something for you to buy from me for
55:32hundreds of thousand dollars or tens of
55:34thousand dollars today. I mean, I have
55:35stuff, but that's not why I'm talking
55:36about it. But if they would have said no
55:39to tens of thousands of dollars, I've
55:41got dozens of people that would have
55:43cost them a million dollar day. So make
55:45sure
55:46you know the cost of inaction
55:50as much as you know the cost of action
55:54because sometimes
55:57action costs thousands but inaction
56:00costs millions. Okay, here's the last
56:02thing I'm going to cover on this video
56:04just for the sake of time and because I
56:07think it'll change your life.
56:09Okay,
56:10this is a mindset
56:13that will change everything for you. Ask
56:17yourself this question.
56:19Every time you have an expense, every
56:20time you have something you pay for, ask
56:22yourself this question. How can I turn
56:25this
56:26expense
56:28into a profit center?
56:31How can I turn this expense into a
56:32profit center? I'm going to give you an
56:34example.
56:36So, I just bought a house and they told
56:38you I paid $2.4 million for this house.
56:42So, $2.4 million is relatively
56:46significant to some, not as significant
56:48to others, right? But it's a fairly
56:50sizable sum of money for a place to
56:53live, right? Okay. So, um,
56:59one of the things we're having the house
57:00renovated right now. So, we're putting a
57:03few hundred,000 more dollars into
57:04renovations, which is kind of crazy, but
57:06it's it is what it is. But the reason
57:08I'm telling you that is like, how can I
57:12turn I got to live in I'm going to live
57:13in this house, right? I'm going to live
57:15in the house. I'm like, I'm not going to
57:16rent it out for Airbnb, right? So, I'm
57:19not going to do masterminds there. Like,
57:21I'm not going to like have clients come
57:22to my house. I'm not I'm not doing that.
57:23So, what am I gonna How can I turn my
57:25house into a profit center? Well, one of
57:26the rooms, one of the bedrooms, I turned
57:29into a golf simulator room.
57:32And I bought a golf simulator. And it's
57:34the absolute best golf simulator on the
57:37market.
57:39And I'm going to start a golf YouTube
57:42channel.
57:44And on that golf YouTube channel, it'll
57:46be about simulated golf and real life
57:49golf. Me and simulated golf and real
57:51life golf. And that YouTube channel I
57:54believe inside a year inside a year
57:57maybe it might take two and that's fine
57:59will completely pay for that mortgage
58:01payment on that house.
58:04>> So how can I turn
58:07every expense into a profit center? So
58:12now here here's the thing. It's not
58:14about
58:16It's not necessarily about
58:19I've got to become this other person.
58:21Like here's You may ask that question.
58:24How can I turn this expense into a
58:25profit center? You may ask that question
58:26and never find an answer.
58:29But if you don't ask the question, I can
58:31guarantee you ain't going to find an
58:32answer. Does that make sense? And so,
58:36like,
58:37it's interesting that there are millions
58:40of women around the world who cook, but
58:42Rachel Ray turned it into millions of
58:44dollars.
58:46There are millions of people who are
58:47curious, but Oprah Winfrey turned it
58:49into billions of dollars.
58:53It's it's it's wild to me. It's wild to
58:57me that there are television shows
59:03about people going and bidding on
59:08people's abandoned storage units and
59:10their junk television shows.
59:16Figure out how you can take some of the
59:18things that you already do anyway
59:21and turn them into a profit center. I
59:24call that an anyway offer.
59:27And so if you will apply the four
59:31principles from this week's video, the
59:33three principles from last week's video,
59:35and you will start adapting and adopting
59:37those mindsets, those mindsets can make
59:40you millions.
59:42And they may or may not, but at least
59:45you've given yourself a chance. It's
59:47kind of like when I'm playing golf and
59:48I'm put rolling a putt. A putt that
59:51comes up short or breaking putt that is
59:54below the hole has no chance of going
59:56in.
59:57I'm not saying you're going to make
59:58millions of dollars. Here's what I'm
1:00:00saying. It might be worth your while to
1:00:05give yourself a chance. Thanks for
1:00:07watching. Appreciate it. And we'll look
1:00:08forward to seeing you on the next video.
1:00:10Bye for now.

About this transcript

This page contains the full transcript of Seven Mindset Shifts That Made Me Millions by Myron Golden, generated from the public captions YouTube serves with the video. The transcript has 11,020 words across 1,588 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.