Episode Transcript
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Speaker 1 (00:00):
What if you focused on making money with the intention
and the commitment to become more capable and more free
over time.
Speaker 2 (00:10):
What are you working on and what are you struggling.
Speaker 3 (00:12):
With right now aside from work I'm doing or I've
started solling like trading cards online. I just started that
on eBay. But my main thing right now is just
trying to find something that goshion. I guess passion is
(00:35):
the word something that I really am deeply interested in
and can bring value to other people and just help
me in my life and others as well.
Speaker 2 (00:47):
So do you want money or do you want passion?
Speaker 1 (00:50):
Because a lot of people talk about how you got
to find your passion and you'll make a lot of money,
or you got to find the thing where you can
make money and it be your passion, But like, what
do you actually want?
Speaker 2 (01:03):
Do you want passion or do you want money?
Speaker 3 (01:05):
Long term, it would be passion and short term right now,
it's just some more money to get through life easier
right now and get things because I personally think my
like my monthly money you said, is pretty low, Like
(01:30):
I'm not a big spender or anything like that, but
just getting enough to if something big pops up or
a medical or emergency stuff like that, so increasing my
financial security there.
Speaker 1 (01:43):
So would it be correct to say that you want money,
but you don't want to never have passion?
Speaker 3 (01:52):
Correct?
Speaker 1 (01:52):
Yeah, you want money, but you don't want to trap
yourself in a situation cuation where you feel like you
can never do things that you care about.
Speaker 3 (02:05):
Right. That sounds yeah, because.
Speaker 1 (02:06):
That's that's what I find with a lot of people
is they want money. They want to make money, that's
what they care about in the current moment. But they
hear all these stories about somebody you know, working hard
until they're sixty five and then retiring and staring at
the TV until they die, that they're afraid to pick
(02:27):
something that would make them money because they don't want
to get trapped by it. So what if you focused
on making money with the intention and the commitment to
become more capable and more free over time. If you
(02:51):
did this, would you feel less inhibited about trying to
make money and less worried about what your passion is?
Speaker 3 (02:59):
I would say yeah, yes, because then it would be
the money and like my values towards it would be
more in line.
Speaker 2 (03:09):
Great, how old are you twenty four?
Speaker 1 (03:12):
You should go make money. Let's focus on making money.
There's a really big misconception in the modern world around
what money does to you, what the pursuit of money
does to you, because we're coming out of a fifty
to eighty year stint of people working in factories. Historically,
(03:39):
there is a message that kids here growing up right
now from those generations that worked those kinds of jobs,
which is, well, you better be really careful about what
you pick or you might get stuck in it. You
better be really careful about what you pick and learn
how to do something you love. That message they learn
(04:00):
how to do what you love. Message is the symptom
of kids growing up watching their dads work at factories
and then deciding to pursue their passions as their primary
form of income because they saw their parents being trapped.
But the reality is that as technology increases and overall
(04:28):
knowledge increases, humans have more capacity to change what they
do throughout their lives. And the number one thing that
makes it possible for you to change what you do
is having lots of money. And so if somebody works
on getting good at acquiring resources, and as long as
(04:49):
they don't let themselves get stuck in some mindset of well,
I just have to keep doing what I'm doing. And
as long as somebody learns to continue to manage their
expense like you described at the beginning, then they become
more free over time just by increasing their earning potential.
You can make a ton of money doing trading cards
(05:12):
if you want. There's lots of methods to make a
lot of money in that industry. But you don't have
to pick that industry because you're trying to find something
that you're super interested in. You can get interested in
making lots of money sort out the rest of it later, right.
(05:32):
I say this as an artist and a person who
was very affected by this message and was offered a
bank job when he was sixteen years old, and wishes
he would have taken it because I.
Speaker 2 (05:44):
Would have learned so much.
Speaker 1 (05:48):
For ten years, I actually went to music school at
around sixteen. I went to college when I was fifteen,
and I committed to music when I was sixteen, And
around that same time, I was offered a great opportunity
to start working at a bank, you know, just at
a low level, but like somebody saw that I had talent,
And for ten years after that I was so lost
(06:10):
and so poor thinking man, I should have taken that
bank job. Now things worked out, life is pretty good.
The way I actually learned to move forward was by
starting to take those better opportunities as they came, even
if they weren't the specific passion or interest that I,
(06:33):
you know, specifically wanted. In that moment, I started to
pick the things that were available to me, and I
started to pick the things that I knew I could
win at and that would serve me. And so that
was an opportunity when I was sixteen that was given
to me that I could have succeeded at well, because
I could have gone there.
Speaker 2 (06:51):
I was a sharp kid.
Speaker 1 (06:52):
I could have gone to the bank and been a
curious kid and that everybody wanted to take under their wing.
And you know, I could have played that role. I
was a likable guy at that age, you know, And
I could have learned a ton really fast and gotten
to a level of success pretty early in life. That
would have then allowed me to pursue additional things down
(07:14):
the road. And so basically my overall capacity as a
person would have grown faster right as it was, because
I heard that, well, you've got to do your passion thing.
Speaker 2 (07:26):
What I did.
Speaker 1 (07:27):
Was I pursued something that I liked. I mean, I
liked music, obviously, but I like a lot of stuff, sure, right,
But like I pursued music thinking like, well, I'm artistic,
I love music, this is something I really care about.
I want to do this, And I banged my head
(07:48):
against all of the places where you don't get educated
and the things you need to be educated in in
the music industry, Right, I learned nothing about how to
make money because they don't teach that in the music industry.
Speaker 3 (07:58):
Right.
Speaker 2 (07:59):
They teach you.
Speaker 1 (08:00):
How to be more precise and how to be more creative, which, like,
those are good lessons, but it's not all the life
lessons that you could acquire. And so my recommendation is,
if you desire to pursue your passion and you desire money,
and your core things are actually I really want money,
(08:23):
but I'm worried that I might get trapped and I
might never get to do the things that I want
to do in life, I would recommend pursuing the money
and then making a daily practice to get better at
doing the things that you want to do in life. Right,
do it like going to the gym where you go
you know, I would like to go to national parks
(08:45):
more often, So let me make sure to actually drive
to a national park this weekend instead of staring at
my phone all day.
Speaker 3 (08:54):
Right, actionable steps for it.
Speaker 1 (08:56):
And then you extrapolate that out to I want to
work on this, and then you, while pursuing money, you
take the time to break a little bit of space
out into your life to pursuing that hobby if that's
something that you care about, and then you get to
find out and you might find out that your favorite
hobby is making money, and if so, great, yeah right,
(09:19):
And if not, then you're spending the bulk of your
time learning how to make money while continuing to build
the skills of pursuing your passion over time, because most
people don't really care as much about pursuing their passion
as they think. They just are afraid that it will
never be an option.
Speaker 3 (09:41):
I hear everything you're saying, and it makes sense. And
I have this really not entirely go with the flow
type of thing, but just some sort of conviction that
whatever happens, I'll figure it out, maybe to some detriment
to where I don't plan as much as I need
to because I know I'll I'll figure out at some point.
(10:02):
But I get what you're saying about just increasing your
earning potential in that will translate to other things and
make my life easier and others lives easier as well.
I personally just had a family death. My father passed
away a few weeks ago, and I've been thrusted with
(10:27):
some extra responsibility of taking care of my mom and
my younger sister. So now this financial thing is even
more like, Okay, boom, I gotta I gotta figure this out.
I gotta figure this out with more urgency. So this
is it's cool that I saw this your email and
I just responded and this worked out. But even at
(10:51):
my my current job, my nine to five that just
got here maybe about four months ago, I'm a sales
rep at this wholesale clothing area and I'm the youngest
one there. It's a family owned business, been there for
sixty seventy years, and I've been, you know, learning the
(11:11):
ropes there as well as pointing things out in their
systems because they're super nice and great and open a change,
and I'm just pointing out things that seemed like silly
to me that they haven't been doing it and they're like, oh, yeah,
we can't be doing that. You're right, You're right, You're right.
And it's cool because I can see their segment of
(11:32):
business and not, I guess, take on all that risk
and just add on to it. So then if anything
happens and I want to expand on that, I'm like, oh,
I already started doing that with a successful business and
I see the growth there and yeah, just take bits
and pieces of what works and add it on to
(11:54):
my life.
Speaker 2 (11:55):
I'm sorry for your loss, thank you.
Speaker 1 (11:58):
And that's a position where, yeah, you're going to feel
a lot of weight or responsibility. How does it feel
to be responsible?
Speaker 3 (12:10):
I have been loving every minute of it because it's scary,
it's fun. It's exciting to know that whatever happens I'm
in control of. You know, it's I'm not blaming anyone else.
And if I mess up, it's not the end of
the world. It's just something else. It's something to learn
(12:32):
from and next time you don't do that, or figure
out why did that happen or something like that. But
it's been great and I'm seeing it like when one
door closes, another door opens. So with my father passed away,
that closed and we ended on good note. But it
(12:53):
opened the door to having more of a family relationship
with my mom and my sister, and learning about my
mom as a person, not just as a mother, because
I don't I didn't know much about it. You know,
it wasn't part. You just know that's my mom, and
I listened to her. Now I'm learning things like what
(13:16):
she likes and how she was growing up and other things.
And I've been loving it. And we've been exercising, and
I've been seeing her getting better and better each day,
and it's been great.
Speaker 1 (13:31):
Taking responsibility can be one of the most meaningful things
in a person's life, and it's one of the beautiful
things about life that that fact is true, that you
can take responsibility and then your life has more meaning.
And to see you doing that as fantastic. In regards
to what you said about the business stuff, I'm guessing
(13:55):
there is a bit of questioning in your mind of Okay,
what opportunity should I be taking right now? And is
the path forward for me to start a business, is
the path forward for me to work for somebody? Is
that a question that comes up in your mind a lot.
Speaker 3 (14:16):
There's not this huge fire in my heart too. You know,
escate working under somebody. I'm fine working one of my
best friends his dad's worked at home depot for so
long and you know he's They're making good money six
figures just doing that. So I've never seen anything like, oh,
(14:39):
jobs below me and this and that, because there's so
much room for growth eventually.
Speaker 1 (14:44):
Good because my top suggestion was to not start a business. Yeah,
you don't want to start a business just because you
don't want to start a business, like because you think
it's the only way you want to start a business,
because you can see that it is the way, it
is the path, and so for you, there are many
(15:04):
many ways for you to get better at obtaining resources
and it doesn't have to be full on starting a business.
Speaker 3 (15:11):
Right.
Speaker 2 (15:12):
What you just described.
Speaker 1 (15:16):
Around looking for ways that you can be useful at
the place that you're working.
Speaker 2 (15:22):
Is the way.
Speaker 1 (15:25):
And what you want to do is you want to
learn how to scale that. You want to learn how
to scale your capacity to be useful and to connect
it to the responsibility piece. The way you tend to
get resources is you tend to do it by taking
responsibility for obtaining resources and so just the same way
(15:48):
as you think about taking responsibility within the family. What
you do is you extrapolate what you're doing in the
family of taking responsibility there, and you take that responsibility
within the workplace. And when people see that, they respond,
they respond with compensating you with more money. It doesn't
(16:10):
mean you don't need to ask for it, right. You
need to learn how to negotiate for it. You need
to learn how to ask for pay raises and so
on and so forth. And as you get higher up,
you start asking for percentages or percentages of deals, you know,
things like that. And so with all of this said,
what challenges come to mind in the near future and
(16:33):
in the path that you see for yourself? What path
do you see for you to continue growing, continue making
more money, continue making your life what you want it
to be.
Speaker 3 (16:46):
I know the limit is me and my willingness to
go to the place that gives me money, like my
nine to five. I'm there, I'm plucked in. But I
also work with my friend's business and it's really nice.
We do like electronic like old game console refurbishing. We
(17:11):
get paid by the unit, and essentially I could I'm
making forty an hour there. But the issue is it's
on and off, so we would say would work for
two weeks and it'll be three weeks to a month
before we get another thing. So it's inconsistent in that regard.
And I actually just spoke to my boss here at
(17:33):
the nine to five explaining that a little bit and
adjusting my starting hours so I can work at that
place that gives me forty an hour for a little
extra in the morning, and then still do my obligations
at this other job. So I did take steps towards
that I was worried about. I guess balance isn't the
(17:56):
right word, because I'm I'm fine being on balance for now.
Speaker 2 (17:59):
Good.
Speaker 1 (18:00):
Yeah, it's it's good to learn a healthy form of imbalance. Right,
So do you do sales in both jobs?
Speaker 3 (18:10):
Sales at the nine it's a clothing place. It's not
commission based, but it's it's that's my job there, and
the other one is pretty solitary. We're just repaying machines.
And yeah, just down that.
Speaker 1 (18:29):
I get the impression that you could do really well
in sales because you are both outgoing and grounded empathetic,
which is a really good combination. A lot of grounded
empathetic people aren't super outgoing, and a lot of outgoing
(18:49):
people don't know how to be grounded or empathetic. Sure,
and so you have a little bit of both, and
that's something that people respond to really well. And say,
else is that of interest to you?
Speaker 3 (19:02):
It's definitely been a thought, and I was just I
think I was just disregarding it because it's a change.
I'm like, ah, but I haven't weighed out like the
potential value of it, but it is something on my mind.
Speaker 1 (19:22):
How about I just go and put you in touch
with someone.
Speaker 2 (19:26):
Okay, that'd be great.
Speaker 1 (19:27):
Okay, cool. The main thing I'd like for you to
take away from this is that if you choose what
you take responsibility for on purpose, then do it again
(19:49):
over and over again. You get better at choosing what
you take responsibility for, and you increase your power a.
Speaker 2 (19:58):
Little bit every single time.
Speaker 1 (20:02):
And so you've chosen to take responsibility for elements within
your family, and you've chosen to take responsibility for elements
within your work. I encourage you to go into both
of those places and make it a habit for the
(20:22):
next couple of years to ask yourself what parts you
want to take responsibility for.
Speaker 2 (20:30):
Right, and then own them wholeheartedly.
Speaker 1 (20:36):
And when you do this on purpose, when you go
like you know, like you know, I'm working at the
store and there's you know, this thing that's going wrong
in the store.
Speaker 2 (20:47):
I can help there.
Speaker 1 (20:49):
And then you you go, I'll embrace that and make
that mine and take responsibility for the outcome of that situation, right,
And then you go through their process of doing that
and then see the outcome. And then sometimes the outcome's good.
Something on the outcomes bad, but you see the outcome.
This is actually the core component of growth. If I
(21:13):
were to break it down into the equations, you have
to want something and then figure out what you will
do or give up to get it, and then take
that action and then get a result, and then observe
the result and then come up with a new want.
That's the essence of the process, which is also the
same thing as the scientific method. By the way, it's
like observe hypothesis, expeeriment, right, observe again, it's kind of
(21:36):
the same basic thing.
Speaker 2 (21:37):
But but we do this within ourselves and it's how
we grow.
Speaker 1 (21:41):
One of the things that can get in the way
of this process, one of the biggest things is hesitation, right,
it's hesitation of well, I'm not sure if.
Speaker 2 (21:57):
This is going to get me what I want.
Speaker 1 (22:01):
When you come up with something that you want and
then you think about a plan and then you go, well,
i'm not sure if this is going to give me
everything that I want, and then you don't act on
the plan, then you don't get a result, which means
you can't come up with a new plan, right, And
(22:22):
so I think you're at a phase. I mean it's
normal for somebody at your age, you know, like like
just just for the stage of life that you're in,
Like I've seen this million times, for the stage of
life that you're in. The more you can move on
that process without hesitation, the better. And that's why when
(22:46):
we started speaking, I was talking about this concept of
well do you worry about your money or do you
worry about your passion? And I said, well, just forget
about the passion and just go for the money. The
reason why is because I could tell from this conversation
that that was the thing that was the most actionable
in the moment. Why is I mean because you're in
(23:06):
your early twenties and somebody who's in their early twenties
doesn't know what their passion is right, so it's not actionable,
and so that takes time, right, and the moment you
do have something actionable in the passion side, act on
that too, you know, but like do it in the
micro in a way that you can feel.
Speaker 2 (23:23):
What it's like.
Speaker 1 (23:24):
But if you emphasize what is actionable, then what happens
is you get lots of results, and humans learn from results.
And so our goal right now is to just get
you to grow in your capacity as a human in general.
And so if we have you acting with the least
(23:45):
amount of hesitation possible and taking the most responsibility possible,
then you are going to get the most outcomes. And
if you get the most outcomes, you will grow the most,
and then your capacity to act, your power will increase,
and you'll be able to be living an awesome life