October 21, 2024 • 17 mins
Ever feel like you're standing still while everyone else races ahead? Join me Michael Kane, as we unpack the fascinating dynamics of risk-taking and opportunity-seizing, exploring why some of us feel perpetually stuck. By sharing personal stories and insights, I'll reveal how fear and a lack of confidence often hold us back from grabbing life by the horns. Together, we'll explore how learning from past mistakes and understanding the finite nature of time can be the keys to unlocking personal and professional growth.
But life isn't just about taking risks—it's also about finding the silver linings in everyday challenges. Let's shift gears and uncover the hidden blessings that can transform how we experience the world. With a focus on optimism and resilience, I'll share motivational stories and discuss my book, "Laying Your Dragons: Living a Life You Always Wanted." Plus, there's an invitation for you to join my newsletter, Catalyst, where the journey of personal growth never ends. Tune in for an engaging and uplifting conversation designed to inspire you to embrace life's opportunities with renewed confidence.
Sign up Free Newsletter!
https://katalyst.beehiiv.com
Visit our website.
https://livingyoursuccess.com
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hello there, this is Living your Success 24-7 with
Michael Caine.
Living your Success wow, bigphrase there.
You better believe it.
Have you wondered why yourfriends or people around you,
(00:20):
strangers or whoever you mayread them in a magazine, see
them on TV or people you knowgrew up with, etc.
Why they seem to be more aheadthan you, to more advanced?
Not that you should necessarilycompare yourself with others,
but you know what I mean.
(00:42):
You see two or three otherpeople in your environment move
ahead.
You say wow, man, I'm, I'm justas smart as they are, I'm just
as talented or expertised, orwhatever you want to call it.
But you still seem in like in arut, standing in one place and
(01:04):
just not going anywhere or goingas fast as you would like.
So let's talk about that.
Why?
Yes, and that's themillion-dollar question.
So I'm gonna, I'm gonna giveyou some.
It may not pertain to you ormaybe it will, maybe all of them
(01:28):
or none of them, but anywayseems stuck at square one.
Let's say you're playingMonopoly and you're still on
just a little bit past thestarting line go and you just
say well, and you're the otherpeople's pieces, game pieces.
They're already three quartersaround the monopoly table game
(01:55):
board and you're still like mygod, you know you're rolling the
dice, getting ones, onesies,twosies, everybody else is
getting fives and sixes.
They're basically about to lapyou.
Why Is it possible that youcould be risk adverse, meaning
(02:16):
you don't want to take risks?
Yeah, you could be brilliantHarvard potential yeah, maybe
you are, but still stuck.
And this may go beyond justmaking money.
Maybe it is about all the money.
(02:39):
People just make more than youor have fancy titles, fancier
than yours.
And going back to risk averse,is that your?
Maybe could it be you'rerunning away or walking away
from taking risks.
Let me tell you something, andI learned this personally too
(03:01):
when you're, when you don't putyourself out there and we don't
take a risk not necessarily agamble, but maybe call it for
whatever you want Calculatedrisk, maybe still a gamble.
Lack of confidence equals riskadverse, not willing to go for
(03:24):
the promotion.
I've coached many people andthat's one of them.
They're scared, they don'tthink they can do it for a
variety of reasons.
They have no confidence inthemselves, no belief system
that they can attach on, andthey're stuck, feel
(03:45):
underachieved, unaccomplished,and everyone is moving past them
.
So are you avoidingopportunities.
I need you to really look deepin yourself.
Are you not taking advantage ofwhen a door of opportunity
(04:11):
comes your way and do you lookthe other way?
Are you too slow and makeexcuses why you didn't go for it
?
Oh, that's not for me, that'snot for me.
Oh, I better not do that.
Maybe next year, maybe nexttime I'll go after that
promotion or go for that project.
That would be high profile, thatput you on a map to show people
(04:32):
you're willing, able, able andwilling to go to the mile, to
the next level level.
Do you lack ambition or just afear of ambition?
What it will put you into thisrole where you don't feel
competent?
(04:52):
What is it?
Risk adverse?
Why?
No confidence, no belief?
Or you just the fear?
Four-letter word fear hasstopped me definitely from being
greater than I am now.
That was my past.
Um, I've overcome that.
(05:14):
Chiefly.
I still got one or two areas towork on, but I'm seeing
movement.
So in order to see movement,you've got to put yourself out
there, you've got to be able torisk.
Now some people have risked itall and lost it all.
I've made major risks where onerisk cost me $110,000.
(05:40):
$110,000 wiped out just likethat $110,000.
Another, opportunities lossthat I didn't have the vision,
didn't see it.
Opportunities lost that Ididn't have the vision, didn't
(06:01):
see it.
And I relied on experts.
I relied on people you know,coaches and advisors and they
don't have all the answers.
You know I lost a lot of moneyusing people like that.
So you can't just run to peoplethat you think are smarter than
(06:21):
you, brighter than you have allthe answers.
At the end of the day, it's upto you.
Who do you listen to?
Who do you select what you do,why you do it, your motivation,
how far you go?
Some people put, liquidatedtheir retirement account or sold
a house or put it all on theline.
(06:42):
Some of them lost it all andthen a lot of them lost money,
lost, went out of business.
They tried again.
You say are they out of theirmind?
You just lost everything and doit again.
You know what?
If you learn lessons, learnwhat to do and what not to do,
(07:03):
and you do it before you, youknow you're too settled in with
family, have kids and marry,let's say, and too encumbered,
do it while you and do it youngenough, while you can have time
to recover, like if you do thatwhen you're 70 years old, 75,.
It may not be recoverablebecause there's lack of time,
(07:27):
but not that you should try torisk it all when you're 20, 30
years old either.
But I'm telling you, I put a lotof money, put my money where my
mouth is, and it's not aboutthe the money, it's about your
time.
What can't you produce orcreate, what can't you buy or
sell?
Time, once time is gone, it isgone forever.
(07:47):
That moment is gone.
So I risk time and money and,uh, smartly and foolishly, so
you can't just put it in onebucket, say, oh, you know, yeah,
there's risks, calculated risksis what you need to be at, and
(08:13):
risks that.
Can I survive this if all goeswrong?
If I lose everything of this,all my investment, all my time,
energy, money can I recover?
Do I have time to recover?
How would I see later in life?
I realize, okay, I have to havea plan if all goes south.
This is how I'm going to getout of this, this, and I'm not
(08:34):
putting 100% at risk anymore.
Maybe 25%, 30%, 50% maybe.
But like I did before, 100%,boom gone, all or nothing.
I wouldn't suggest that.
But so I know what loss is andI know we're going after
(08:54):
opportunities or whether it'sinvestments or employment
prospects, and no two people arealike.
So it's good to identify withother people and learn from
(09:22):
their mistakes and learn whatyou can do better, improve, but
every circumstances is not thesame.
So when opportunity,opportunities come your way, you
need to be ready to strike,because you may lose that window
or that door of opportunity.
That's why it's good to knowwho you are, what are you
looking for, what are your goals, what are your vision, what are
(09:42):
you pursuing, and so, when ithappens, you can go after it.
Because, guess what, you're notthe only person going after
that opportunity, whether it's ajob or an investment or
whatever it is.
Investment or whatever it is,and, uh, and it could be just on
(10:05):
a personal level where youbenefit from.
Let me give you an example.
My wife and I, sandra, were initaly.
We're in venice, we're walkingaround, and we went up to the
this one church um, they havetours.
And they said, oh, we're soldout, sorry, they have tours.
And he said, oh, we're sold out, sorry, just trying to get
tickets to this thing could notdo it.
I said you know what?
Never say die.
I didn't give up.
I just was scouting the theline going through.
(10:31):
The line stood in line like ifwe had tickets.
And just you know, just like,oh man, we may have to miss this
one, we don't have tickets, youdon't have a ticket, you have a
ticket.
Came all this way to europe andnot just to go to this one
event, this one church, but thiscathedral.
(10:52):
But, um, we said, hey, let'sstand in line anyway, like we
have a ticket.
So guess what?
This lady, two people ahead ofus, turned around and told us
one couple hey, you know what?
(11:13):
We have two tickets, you guyscan go.
Because they didn't havetickets either and can't judge a
book by its cover, right, theydidn't have tickets either.
So they're hoping, like us, tomiraculously get tickets by the
time we get up to the front toenter the cathedral.
And the other couple it's likethey didn't trust.
(11:36):
The lady said no, no, no, wedon't want none of that, we
don't.
But then she came to us andsaid I looked at the ticket,
look legit.
The worst case can happen is wedon't go in, right, or maybe
get arrested too, I guess, forscalping tickets.
But anyway, anyway, lady says,now you can have our tickets,
just like that.
And we look, I say, are youserious?
(11:57):
Well, okay, we felt blessed.
We went up there, let us in,boom, wow, just like that.
So what led up to our beingblessed like that and getting
that opportunity?
First of all, we could have.
Before we even got in the areasaid, eh, we don't have no
tickets, it's not too, the timeis running out, let's just go
(12:20):
back and do something else.
But we really wanted to see it.
Someone told us about it,someone told us about it in our
tour group.
Then we all split up in venice.
At the time everybody wenttheir own way and you know, um,
and so we said, man really wouldlike to.
So we pursued our burningdesire to do that and we
(12:43):
attempted to get tickets.
You know, buy tickets online.
It just didn't work out.
And then we said, hey, juststay in line and maybe something
will happen.
But if we didn't take theinitiative to go through all
that, we wouldn't have gotblessed with those tickets.
Free tickets, free, free.
So things happen and set inmotion in your life that will
(13:10):
benefit you.
But you have to be able andwilling.
It can be against your freewill.
So if you're not willing totake the leap, the jump, the
time, the money.
If you're not, you're going tomiss out on a lot of
opportunities.
Remember, let's talk money,let's talk stocks.
(13:31):
Amazoncom oh no, no one's goingto buy books online.
Nah, nah, nah, nah, no one'sgoing to do that.
You know how that ended outturned out.
My god, if you put $10,000 inAmazon stock, it'd be $1.8
(13:54):
million today, most likelysomething like that.
What about Netflix, bam, if youdid that?
How about Walmart?
How about Microsoft?
$2.
When I was in school, microsoftwas $2 a share.
Never forget that.
Man missed that opportunity.
Missed that opportunity.
(14:15):
Look what happened toBlockbuster.
Had opportunity to buy Netflix.
Stupid Didn't do it.
Stupid had opportunity.
I think the same thing withYahoo.
Had opportunity to get Google.
Other opportunities out there,and I can go on about stocks.
(14:41):
If these, you know, didn't takethe opportunity.
And you can relate that tohealth If you don't exercise,
maybe gym membership, or takecare of yourself, you won't be
alive and well or able tobenefit from financial
prosperity.
If you're all broken up, can'twalk talk and not making the
right decisions.
The thing is we say I don'tknow what the right decision is.
(15:02):
You sure know what a baddecision is right on this.
As far as health, eating friedstuff, stuff, eating lard or
whatever you eat, not exercisingyou know that's not working.
How's that working out?
Not.
So it's important that when thatdoor flies open, that you're
(15:24):
ready and able and you are cango.
You can go for it because,again, a lot of us we're not
ready when that door opens andwe have to miss it because we're
not prepared.
You have to be prepared.
So it's important that youready yourself first, have a
plan.
What do you want to do in life?
What do you want to do?
I want to make money.
How you want to have fun, whoyou want to marry?
(15:46):
Have, have some ideas.
So when the opportunity availsitself, you feel confident
enough to pursue it and to latchon Like your hook, like a hook
catches a fish, right the bait.
So I think you get the ideaReady yourself and then aim and
(16:25):
then shoot for that target.
Ready yourself, aim in theright direction and shoot at the
target.
It not everyone.
Everything will work out, butmore so than not you'll benefit
some kind of way.
Some kind of way, there's someblessings out there.
So that's it, my friends.
Please, um, sign up, uh, on mypodcast here, and thank you to
(16:48):
Apple, spotify, I heard radioand Amazon and the rest of the
platforms I'm on, and pleaseshare it as a gift and buy my
books laying your dragons livinga life you always wanted.
It's motivational, hasanecdotes, little stories, so
sign up for my newsletter,catalyst on my website,
(17:10):
livingyoursuccesscom, and signup and so promise to put more
articles on there.
Getting that together still24-7, right, that's all we got.
So that's it, my friends.
Until next time, live yoursuccess 24 7 with michael kane.
Hello there, this is Living your Success 24-7 with
Michael Caine.
Living your Success wow, bigphrase there.
You better believe it.
Have you wondered why yourfriends or people around you,
(00:20):
strangers or whoever you mayread them in a magazine, see
them on TV or people you knowgrew up with, etc.
Why they seem to be more aheadthan you, to more advanced?
Not that you should necessarilycompare yourself with others,
but you know what I mean.
(00:42):
You see two or three otherpeople in your environment move
ahead.
You say wow, man, I'm, I'm justas smart as they are, I'm just
as talented or expertised, orwhatever you want to call it.
But you still seem in like in arut, standing in one place and
(01:04):
just not going anywhere or goingas fast as you would like.
So let's talk about that.
Why?
Yes, and that's themillion-dollar question.
So I'm gonna, I'm gonna giveyou some.
It may not pertain to you ormaybe it will, maybe all of them
(01:28):
or none of them, but anywayseems stuck at square one.
Let's say you're playingMonopoly and you're still on
just a little bit past thestarting line go and you just
say well, and you're the otherpeople's pieces, game pieces.
They're already three quartersaround the monopoly table game
(01:55):
board and you're still like mygod, you know you're rolling the
dice, getting ones, onesies,twosies, everybody else is
getting fives and sixes.
They're basically about to lapyou.
Why Is it possible that youcould be risk adverse, meaning
(02:16):
you don't want to take risks?
Yeah, you could be brilliantHarvard potential yeah, maybe
you are, but still stuck.
And this may go beyond justmaking money.
Maybe it is about all the money.
(02:39):
People just make more than youor have fancy titles, fancier
than yours.
And going back to risk averse,is that your?
Maybe could it be you'rerunning away or walking away
from taking risks.
Let me tell you something, andI learned this personally too
(03:01):
when you're, when you don't putyourself out there and we don't
take a risk not necessarily agamble, but maybe call it for
whatever you want Calculatedrisk, maybe still a gamble.
Lack of confidence equals riskadverse, not willing to go for
(03:24):
the promotion.
I've coached many people andthat's one of them.
They're scared, they don'tthink they can do it for a
variety of reasons.
They have no confidence inthemselves, no belief system
that they can attach on, andthey're stuck, feel
(03:45):
underachieved, unaccomplished,and everyone is moving past them
.
So are you avoidingopportunities.
I need you to really look deepin yourself.
Are you not taking advantage ofwhen a door of opportunity
(04:11):
comes your way and do you lookthe other way?
Are you too slow and makeexcuses why you didn't go for it
?
Oh, that's not for me, that'snot for me.
Oh, I better not do that.
Maybe next year, maybe nexttime I'll go after that
promotion or go for that project.
That would be high profile, thatput you on a map to show people
(04:32):
you're willing, able, able andwilling to go to the mile, to
the next level level.
Do you lack ambition or just afear of ambition?
What it will put you into thisrole where you don't feel
competent?
(04:52):
What is it?
Risk adverse?
Why?
No confidence, no belief?
Or you just the fear?
Four-letter word fear hasstopped me definitely from being
greater than I am now.
That was my past.
Um, I've overcome that.
(05:14):
Chiefly.
I still got one or two areas towork on, but I'm seeing
movement.
So in order to see movement,you've got to put yourself out
there, you've got to be able torisk.
Now some people have risked itall and lost it all.
I've made major risks where onerisk cost me $110,000.
(05:40):
$110,000 wiped out just likethat $110,000.
Another, opportunities lossthat I didn't have the vision,
didn't see it.
Opportunities lost that Ididn't have the vision, didn't
(06:01):
see it.
And I relied on experts.
I relied on people you know,coaches and advisors and they
don't have all the answers.
You know I lost a lot of moneyusing people like that.
So you can't just run to peoplethat you think are smarter than
(06:21):
you, brighter than you have allthe answers.
At the end of the day, it's upto you.
Who do you listen to?
Who do you select what you do,why you do it, your motivation,
how far you go?
Some people put, liquidatedtheir retirement account or sold
a house or put it all on theline.
(06:42):
Some of them lost it all andthen a lot of them lost money,
lost, went out of business.
They tried again.
You say are they out of theirmind?
You just lost everything and doit again.
You know what?
If you learn lessons, learnwhat to do and what not to do,
(07:03):
and you do it before you, youknow you're too settled in with
family, have kids and marry,let's say, and too encumbered,
do it while you and do it youngenough, while you can have time
to recover, like if you do thatwhen you're 70 years old, 75,.
It may not be recoverablebecause there's lack of time,
(07:27):
but not that you should try torisk it all when you're 20, 30
years old either.
But I'm telling you, I put a lotof money, put my money where my
mouth is, and it's not aboutthe the money, it's about your
time.
What can't you produce orcreate, what can't you buy or
sell?
Time, once time is gone, it isgone forever.
(07:47):
That moment is gone.
So I risk time and money and,uh, smartly and foolishly, so
you can't just put it in onebucket, say, oh, you know, yeah,
there's risks, calculated risksis what you need to be at, and
(08:13):
risks that.
Can I survive this if all goeswrong?
If I lose everything of this,all my investment, all my time,
energy, money can I recover?
Do I have time to recover?
How would I see later in life?
I realize, okay, I have to havea plan if all goes south.
This is how I'm going to getout of this, this, and I'm not
(08:34):
putting 100% at risk anymore.
Maybe 25%, 30%, 50% maybe.
But like I did before, 100%,boom gone, all or nothing.
I wouldn't suggest that.
But so I know what loss is andI know we're going after
(08:54):
opportunities or whether it'sinvestments or employment
prospects, and no two people arealike.
So it's good to identify withother people and learn from
(09:22):
their mistakes and learn whatyou can do better, improve, but
every circumstances is not thesame.
So when opportunity,opportunities come your way, you
need to be ready to strike,because you may lose that window
or that door of opportunity.
That's why it's good to knowwho you are, what are you
looking for, what are your goals, what are your vision, what are
(09:42):
you pursuing, and so, when ithappens, you can go after it.
Because, guess what, you're notthe only person going after
that opportunity, whether it's ajob or an investment or
whatever it is.
Investment or whatever it is,and, uh, and it could be just on
(10:05):
a personal level where youbenefit from.
Let me give you an example.
My wife and I, sandra, were initaly.
We're in venice, we're walkingaround, and we went up to the
this one church um, they havetours.
And they said, oh, we're soldout, sorry, they have tours.
And he said, oh, we're sold out, sorry, just trying to get
tickets to this thing could notdo it.
I said you know what?
Never say die.
I didn't give up.
I just was scouting the theline going through.
(10:31):
The line stood in line like ifwe had tickets.
And just you know, just like,oh man, we may have to miss this
one, we don't have tickets, youdon't have a ticket, you have a
ticket.
Came all this way to europe andnot just to go to this one
event, this one church, but thiscathedral.
(10:52):
But, um, we said, hey, let'sstand in line anyway, like we
have a ticket.
So guess what?
This lady, two people ahead ofus, turned around and told us
one couple hey, you know what?
(11:13):
We have two tickets, you guyscan go.
Because they didn't havetickets either and can't judge a
book by its cover, right, theydidn't have tickets either.
So they're hoping, like us, tomiraculously get tickets by the
time we get up to the front toenter the cathedral.
And the other couple it's likethey didn't trust.
(11:36):
The lady said no, no, no, wedon't want none of that, we
don't.
But then she came to us andsaid I looked at the ticket,
look legit.
The worst case can happen is wedon't go in, right, or maybe
get arrested too, I guess, forscalping tickets.
But anyway, anyway, lady says,now you can have our tickets,
just like that.
And we look, I say, are youserious?
(11:57):
Well, okay, we felt blessed.
We went up there, let us in,boom, wow, just like that.
So what led up to our beingblessed like that and getting
that opportunity?
First of all, we could have.
Before we even got in the areasaid, eh, we don't have no
tickets, it's not too, the timeis running out, let's just go
(12:20):
back and do something else.
But we really wanted to see it.
Someone told us about it,someone told us about it in our
tour group.
Then we all split up in venice.
At the time everybody wenttheir own way and you know, um,
and so we said, man really wouldlike to.
So we pursued our burningdesire to do that and we
(12:43):
attempted to get tickets.
You know, buy tickets online.
It just didn't work out.
And then we said, hey, juststay in line and maybe something
will happen.
But if we didn't take theinitiative to go through all
that, we wouldn't have gotblessed with those tickets.
Free tickets, free, free.
So things happen and set inmotion in your life that will
(13:10):
benefit you.
But you have to be able andwilling.
It can be against your freewill.
So if you're not willing totake the leap, the jump, the
time, the money.
If you're not, you're going tomiss out on a lot of
opportunities.
Remember, let's talk money,let's talk stocks.
(13:31):
Amazoncom oh no, no one's goingto buy books online.
Nah, nah, nah, nah, no one'sgoing to do that.
You know how that ended outturned out.
My god, if you put $10,000 inAmazon stock, it'd be $1.8
(13:54):
million today, most likelysomething like that.
What about Netflix, bam, if youdid that?
How about Walmart?
How about Microsoft?
$2.
When I was in school, microsoftwas $2 a share.
Never forget that.
Man missed that opportunity.
Missed that opportunity.
(14:15):
Look what happened toBlockbuster.
Had opportunity to buy Netflix.
Stupid Didn't do it.
Stupid had opportunity.
I think the same thing withYahoo.
Had opportunity to get Google.
Other opportunities out there,and I can go on about stocks.
(14:41):
If these, you know, didn't takethe opportunity.
And you can relate that tohealth If you don't exercise,
maybe gym membership, or takecare of yourself, you won't be
alive and well or able tobenefit from financial
prosperity.
If you're all broken up, can'twalk talk and not making the
right decisions.
The thing is we say I don'tknow what the right decision is.
(15:02):
You sure know what a baddecision is right on this.
As far as health, eating friedstuff, stuff, eating lard or
whatever you eat, not exercisingyou know that's not working.
How's that working out?
Not.
So it's important that when thatdoor flies open, that you're
(15:24):
ready and able and you are cango.
You can go for it because,again, a lot of us we're not
ready when that door opens andwe have to miss it because we're
not prepared.
You have to be prepared.
So it's important that youready yourself first, have a
plan.
What do you want to do in life?
What do you want to do?
I want to make money.
How you want to have fun, whoyou want to marry?
(15:46):
Have, have some ideas.
So when the opportunity availsitself, you feel confident
enough to pursue it and to latchon Like your hook, like a hook
catches a fish, right the bait.
So I think you get the ideaReady yourself and then aim and
(16:25):
then shoot for that target.
Ready yourself, aim in theright direction and shoot at the
target.
It not everyone.
Everything will work out, butmore so than not you'll benefit
some kind of way.
Some kind of way, there's someblessings out there.
So that's it, my friends.
Please, um, sign up, uh, on mypodcast here, and thank you to
(16:48):
Apple, spotify, I heard radioand Amazon and the rest of the
platforms I'm on, and pleaseshare it as a gift and buy my
books laying your dragons livinga life you always wanted.
It's motivational, hasanecdotes, little stories, so
sign up for my newsletter,catalyst on my website,
(17:10):
livingyoursuccesscom, and signup and so promise to put more
articles on there.
Getting that together still24-7, right, that's all we got.
So that's it, my friends.
Until next time, live yoursuccess 24 7 with michael kane.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Boysober
Have you ever wondered what life might be like if you stopped worrying about being wanted, and focused on understanding what you actually want? That was the question Hope Woodard asked herself after a string of situationships inspired her to take a break from sex and dating. She went "boysober," a personal concept that sparked a global movement among women looking to prioritize themselves over men. Now, Hope is looking to expand the ways we explore our relationship to relationships. Taking a bold, unfiltered look into modern love, romance, and self-discovery, Boysober will dive into messy stories about dating, sex, love, friendship, and breaking generational patterns—all with humor, vulnerability, and a fresh perspective.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com