Video summary
Alex Hormozi emphasizes that individuals starting from scratch must focus on a single channel, product, and avatar rather than spreading their efforts across multiple opportunities. To achieve six figures in revenue, he identifies three core skills: advertising (making known), selling, and creating the product itself. He introduces his "Rule of 100," which dictates performing one hundred primary actions daily—such as content creation or outreach—for a period of one hundred days to ensure consistency. Hormozi argues that most people fail not because they lack knowledge but due to fear and an inability to make short-term sacrifices for long-term achievement, often paralyzed by the expectation of immediate success on their first try. The conversation delves into the psychology behind failure and decision-making, where Hormozi introduces his concept of "frames." He explains that sales is fundamentally about holding one's frame against others who may be casting power to excuses like lack of time or money. By peeling back these layers through clear communication and addressing underlying beliefs—such as blaming circumstances rather than owning them—one can guide a prospect from hesitation to decision. Hormozi asserts that true success involves helping people break self-limiting beliefs, noting that meaning is self-ascribed and that individuals must choose which realities they accept as truth based on their ability to predict outcomes effectively. Hormozi shares his personal history of significant setbacks, including losing money in gym ventures after a DUI and family medical issues, illustrating how he viewed those losses not as permanent failures but as lessons gained through experience while retaining valuable skills like lead generation. He discusses the importance of shifting one's perspective on emotions by adopting specific frames, such as imagining oneself at age 85 or viewing life events from the standpoint of being a "brain in a vat" within a simulation. These mental shifts allow him to detach his self-worth from external circumstances and find joy even amidst suffering, recognizing that optimizing for happiness is circumstantial while focusing on action yields better results. Ultimately, Hormozi concludes that the primary difference between successful and unsuccessful individuals lies in how they attribute power: winners own their circumstances and take responsibility for their actions, whereas losers cast power to excuses or external factors. He warns against "spiritual entertainment," where people consume information without applying it, urging listeners to focus on volume of action rather than just exposure to ideas. His final message encourages everyone to stop expecting perfection immediately, embrace the inevitability of failure as part of a learning process, and maintain an attitude that allows them to move forward from one setback to another without losing enthusiasm or identity tied solely to material wealth.
Read the full video transcript
Alex Hormozi, welcome to the show.
Thank you for having me. Dude, I cannot
be more excited. So, I want to dive
right in. If somebody is starting from
scratch, what are the traits, skill sets
that they should be cultivating in order
to up the odds of their success?
Uh they should focus on one thing
in general, rather than lots of
different things that you're not sure
about. Cuz if you're starting out,
everything looks like an opportunity.
So, the correct answer is all of them
are opportunities, but all of them won't
work unless you pick one, right? So, you
have to say no to all the other
mistresses. So, boom, you pick one. And
then from there, I would say six figures
is sell something to someone. That's it.
And if you want more detail, sell
something to someone, so it's one
avatar, one product, one channel. So,
you don't have to figure out how do I
create 20 pieces of content across It's
like
just pick one channel, one media source,
whether it's Facebook, Instagram,
YouTube, you know, whatever, Twitter.
Mhm. Consistently, start going on that,
whether that's cold outbound, whether
that's content, whether it's running
paid ads, whether it's uh affiliates,
word of mouth, whatever it is. Um and
start reaching out to people there to
start selling your stuff. And so, if you
can just do that consistently, and I use
something or I can What what's the skill
set that's going to make somebody good?
And this is six figures still.
Yeah, yeah. So, what's the skill set in
that? Is it getting good at the
outbound? Is it getting good at saying
no to the other stuff? Like, how do we
translate that into a skill set? You
have to learn how to advertise, which I
define as
the process of making known. So, how do
you let other people know about the
stuff you sell? So, you have to
advertise. There's six ways to do it. I
covered five just now. So, there's
there's six ways you can do it. And then
once people engage with whatever
advertising you have, you have to sell
them. So, advertising is the first
skill, selling them is the second skill.
And then product would be the third
skill, which is the thing that you're
ultimately advertising and selling. Mhm.
Okay, so that gets us six figures. What
gets us seven? Doing the same thing
consistently.
So, usually once people do it in the
beginning, they're sporadic, they're not
consistent with it. Just the act of
doing the same thing every day usually
gets people to
100,000 a month, which sounds crazy to
probably people listening, but most
people who think that's crazy also
haven't done it consistently for an
extended period of time. And so, I use
something that I call the rule of 100,
which is 100 primary actions, whether
that's 100 minutes of of content
creation per day, 100 reach outs per
day,
$100 of ad spend per day. Uh just like
you have to pick one of them, but 100
per day. You need to do that for 100
days, and I promise you you'll have
you'll be making six figures if you do
that.
Most people won't. Yeah. I know you know
that. They will fail at something. What
is the most common thing that you see
people fail? So, you give them the
blueprint. Your ability to articulate a
blueprint to success is insane.
Legitimately insane, dude. When I So,
I'm going to make a prediction right
now. 5 years from now in this space, you
will be one of the biggest people on
social media, 100% guaranteed. YouTube,
podcast, whatever. Thanks. Because your
advice is real. And I said I I was about
to tell you something, and I said I'm
going to say it on camera, and I will
tell you right now. I judge everybody
that comes on the show by when I'm doing
the research to bring you on, which is a
way bigger time investment than the
interview itself. Did I actually learn
something? Did I move forward? Did I
enjoy myself? Dude, it was awesome.
Researching you was awesome. It was good
for the business, it was good for the
soul, good for the mindset, everything.
So, this is going to be incredible.
But where do people fall down? Because
most people, even knowing how articulate
you are and know that people are still
going to fail is crazy. And I know that
most people are going to fail. So, where
where do people really struggle in that
equation?
I think it's fear, mostly. Um I know
that's not a skill, but I think it's a
character trait. And so, people are
afraid of val- you know, not getting
validated, or they're afraid of judgment
that they perceive from other people
that exist or don't exist in their
lives. Um and so, for whatever reason,
they have this second voice that
criticizes everything they do that in
reality isn't even there, um, but it's
constantly present. It's like the
antithesis of whatever the god figure
is, but just the negative voice. And so
I think that's the thing that stops most
people from doing the stuff they know
they need to do. Because if you think
about like whether it's want to get in
shape or I want to have a better
marriage or I want to make more money,
most people on some level, at a basic
level, they know what to do. And my
proof point of like even making money,
right? Most of us have had a bill that
came up that was unexpected, a tax bill,
a car breaks down, a health thing,
whatever it is, and we find a way. And
so when it's for someone else,
people are will use the actual
resourcefulness that they have to make
the money, but for whatever reason they
won't use that same resourcefulness to
make it for themselves. And so I think
that most people know if they want to
work out, uh, start to to get in shape
or to lose weight, whatever, they know
they need to eat fewer donuts and move
more in general.
But they don't, right? Cuz they're
afraid of getting started or if they
don't have the discipline to keep going,
which is they can't make the short-term
sacrifice for the long-term achievement.
So, big picture, it's like there's
usually some fear that's preventing from
doing it. And then how it looks from a
behavioral standpoint is they do not
make the short-term sacrifice of
discomfort for the long-term
achievement. Facts. Independent of
whatever path they're talking about.
Mhm.
You guys are going to want to stay till
the end. I'm going to give you my
favorite Alex quote, but now I'm going
to give you one that I actually think
pertains to this. So, uh, you said, "How
to stay poor? Assume you're always
right."
Yeah. And when I think about people
failing, it's because in fact there's
another quote, and this one I didn't
write down, but I'm going to get close.
Um, marketing is just a fancy
nine-letter word for test.
And
once people understand you're going to
fail and you're going to fail a lot,
then if you can't deal with that
failure,
if you think that failing makes you a
failure, if you think that it's a
permanent state of being and you're
never going to get better, then you
won't do the things you need to do to
ultimately be successful. You talk about
consistency.
Yeah.
But it isn't just consistency cuz if you
do it wrong
Yeah. consistently, you're still going
to fail, right? So, this is you have to
be, in my own language, willing to stare
nakedly at your inadequacies.
Yeah. And if you can stare nakedly at
your inadequacies, then you can actually
get better. If you're running the tests
and you're like, "Hey, looking at the
data, did this work or did this not
work?"
100%. Then you can actually improve.
But you went through this. So, in the
beginning of your career, and this is
one of the things I find most
interesting about your story, is you
failed. Yeah. You actually pulled your
now wife aside and said, "I'm a sinking
ship."
Yeah. Uh and if you wanted to leave, I
would completely understand. Yeah. Uh
how did you go from that Yeah. to like
there was something you figured out.
Yeah. What what is that thing you
figured out?
I think at that point, um
the the reality of my situation was so
bleak that
I I didn't I honestly didn't even
process the reality of my situation
because the more I thought about it,
like the sadder or more hopeless I would
feel. And so, I focused on the few
things that were under my control, which
was like, I can do these things. And so,
when I talk about advertising, when I
talk about selling, I talk about those
things boiled down to the actual actions
because I had to think of it in that way
cuz it was the only way that it wasn't
overwhelming. It's like, I just have to
make 100 reach outs or I just have to
spend $100 a day and I have to look at
the ads and I have to turn off the ones
that are bad and do more of the stuff
that starts to work. Um and and that
that was the process of getting me from
kind of like
dark uh to a better a better outcome.
But I mean, from that actual point, we
did the only thing we knew how to do,
which was market and sell. And that was
That was how we got out of that And
honestly, that that single skill of
being able to generate leads um
independent of the industry has been
like my get-out-of-jail-free card, um
which has allowed me to fail over and
over and over again until finally, you
know, I got it right. And even after
that one, when we were at the rock
bottom there, I had just, you know, nine
90 days earlier got a DUI, my mom was in
the hospital,
um
really bad shape. Uh
that's when I had just lost all the
money, um which is when I pulled her
aside. But then, fast forward 6 months,
basically repeated the cycle again. Um
which is I had We had started doing
these launches where we'd fly out and
and turn gyms around like Bar Rescue,
but for gyms.
And when we were out there,
uh
all of a sudden we came back home and we
saw like two of the gyms refunded all of
the transactions cuz they just told the
people they could just sign up through
them and just do it for half the rate
after we had already spent the money for
the hotels and the flights and all the
ad spend and everything, you know, a
whole month of work.
And so, we basically all of the money
that we had saved up in that like, I
think we're out of jail free, lost it
all again.
Um and only then did we accidentally
um
pivot into the licensing model, which
ended up becoming the thing that was
like the first very big success um that
we had. But like,
that whole period of time was 5 years of
basically not having anything. Um even
though on, you know, on paper, when I
had the gyms, I materially looked
successful cuz we had six locations. Um
but I always just put all my money back
into each, you know, each new location.
So, I had very little actual cash. I was
asset rich and cash poor. I know,
Jarrell. Yeah, [laughter] right. And so,
but then when I lost everything after
that because I sold them, took the
money, put in the new venture, then lost
it, I was like, wait, I just lost 5
years cuz I had nothing to show for it.
And so, that's probably what what has
created a lot of the hypothesis I have
now around I didn't lose the 5 years. I
lost the assets were were which were not
the most valuable thing that I had
earned over that time. It was the
skills, the experiences, the character
traits because I still had those. And
then using those three things, I was
able to do the next thing, fortunately.
Um Yeah. Yeah. I'm I'm
with learning. Yeah. And it's
interesting because I've had the level
of success that I've had and because I'm
technically middle-aged, which is crazy
to say.
Uh I used to be the kid. I swear to god.
Uh
it is it's really there's a
gravitational center in my brain that
wants me to think that I have crossed
some line.
Yeah. And that it's about looking
backwards.
And it's really dangerous. Like you have
to be looking forward. I mean, God
willing, I've got you know, another
40-plus years of life left.
And
every time that I get in that trap, it's
I just re-anchor around, "Wow, I'm still
learning." Like all this stuff, I'm 46,
but I've learned so much. I failed so
many times and I've acquired so much
knowledge and skill set and all of that.
And then you can think about, "Oh, cool.
Like as long as I've got the energy to
keep pushing, to keep building." Because
I have
to your earliest point about what makes
you successful, it's the
That is literally my kryptonite. Is I
have a very hard time accepting the fact
that I can do anything I want with my
life, but not everything. Yeah. And that
I find
deeply distressing. Yeah. But like on a
level that borders on mental illness.
And
by focusing, cutting out the other
stuff, and recognizing, "Okay, I've
reinvented myself again."
Yeah.
But
a lot of that knowledge is going to
transfer, it's going to be useful as I
push forward. But getting obsessed with
learning, like that would be the gift if
I could give to people and say, "Okay,
you you want to be successful." I get
it, everybody wants it right now. But if
you can stack these skills,
like
then if you've got the skill set and the
methodology that, you know,
you and others can really lay out
incredibly well. It's like now you can
do something. But if you have the
methodology but not the skills, or you
don't have the mindset and so you're
broken by the failure or you don't have
the methodology. If you're missing any
one of those, then you end up in a death
spiral. Yeah.
It's interesting what you're saying with
the learning thing because
um I think a lot of people are like the
early cuz I I also I feel like I feel
like two parts of the audience is that
like follow my stuff. I've got the
business owners who are trying to scale
their business etc. and then I've got
all the people who want to start a
business and usually they're a little
bit younger and whatnot. And I think
there's a a misnomer around like
education. And so a lot of them, I don't
know how explicit I can be but like they
mentally masturbate to watching lots and
lots of videos. They, you know, want the
pump up speeches. They buy the tickets
to the things.
Mhm.
And so they just learn and I think that
they think that exposure to information
is learning and I don't think that's
true or at least it hasn't been for me.
It's definitely not true. So you know,
cuz I I'm sure you get asked all the
time like what are the books that, you
know, transformed your life? And I've
had a handful of books that have been
useful to me but I would say 99% of the
things that I have learned I've learned
through doing. And so when I do the
original rule of 100 and whatnot, it's
because I think it's the most effective
way to learn
which is you force yourself to on the
one controllable that you have which is
the activities that you can take and
then it goes with the underlying
assumption that you go off feedback and
you're like, well, that opening message
did not work. Yeah. Right? [laughter]
And then I think most people would have
a dramatic underestimation of how much
volume it takes to be successful
independent of the thing, right? They're
like, okay, I should go on five dates
and then find the girl I'm going to
marry. Like, what if it was 500
to find the right girl you're going to
marry? Or I want to, you know, start
this this new channel or I want to I
want to become an influencer whatever it
is and they start doing, you know, one
post a day for four weeks and they're
like, why am I not famous yet? And they
find I mean, real, right? And they find
out that like, you know, we ended up
doing 400 episodes before we made it to
the top 10 on the podcast thing. And now
we start doing, you know, 100 plus
pieces of content a week. And it's just
this volume game that you get the the
skill from the volume, the feedback from
the volume. And you There's all these
like little things. I'm sure it's like
from the exercise world cuz you come
from that. Um like when you squat, the
first time you squat, you're you're
orienting yourself to your environment.
You're barely actually squatting. You're
just looking like you have a bar on your
back. But you learn so much between that
first rep and your 10,000th rep of
squats. And so I think for most people
it's like if we can if I My goal, like
you with the learning, it's like if I
can just decrease the action threshold
for people to begin and be okay with the
fact that they're going to suck and it
is okay to suck. It is You should expect
to suck. And it would be unreasonable
for you to be good if you haven't done
it before.
And so it's like are you asking the
universe to be unreasonable for you
by
expecting to be good on your first try?
And I think that's where a lot of people
It's the expectation that destroys their
ability to be successful because they
expect to win on the first shot and no
one does. Do you worry at all about
people wanting to be on camera right
from the jump? Because that puts an
expectation to be good that
Yeah. That's rough. Um
I think it's so much like
if we're
so
I have so many so many feelings about
this. Um
so you've got you've got this whole
space, right? And you look at like if
you're like I want to be a business
influencer, right? Well, it's like well,
you look at the guys who are actually at
the top of the business game. And
virtually everyone, you, Andy, Ed, Gary,
all those guys have killed it in
business. And most of them, even Gary,
had gone to 60 million a year before he
made his first content. And so I think
the issue is that people look at that
and say I should make content like them
when you don't have you can't answer the
underlying question, which is why should
I listen to you, which is always in the
back of every audience's mind, in my
opinion.
At least that's what I think. Like when
someone's like a relationship expert and
I find out they've been divorced three
times, I'm like, yeah, you know, maybe
not. Right? I mean, and as terrible as
it is, they might be giving amazing
advice, but it doesn't pass the first
filter, which is if I'm going to take
military strategy from someone, I'd
rather have a general that has a winning
record, even if the other guy Napoleon
said, "I'd rather have lucky generals."
So, even if you had two that were even,
you'd rather have the lucky one. And so,
to the same degree, I think people use
that filter because it actually takes
less effort to learn from someone that
you trust.
And so, it's like if you've got the the
basement teacher that's telling you to
dollar cost average into the S&P, and
you've got Warren Buffett who's telling
people to dollar cost average in the
S&P, they don't want to listen to the
teacher, even if the teacher is better
objectively from a constant standpoint,
because they just don't know if they
should trust them. So, you have to have
two filters. I'm hearing a thing, should
I trust the thing? With Warren, you can
just plug into whatever he's saying and
just take it as truth, which takes less
effort. And so, I think most people
don't get that point. And so, I think
you should make content, but the if
you're you should advertise the stuff
that you sell. Let people know about
what you're doing. Um but it should be
about the true expertise that you have,
which is often times just talking about
the stuff you're doing, rather than
saying, "You should be doing this.
This is what I am doing. Hope you find
it interesting. Hope you find it
valuable." And I think that's a big
dynamic, which it versus like how to,
it's how I.
Um just that little shift, and I think a
lot of people would get much bigger,
better audiences, and actually make more
money from the content that they're
making, because everyone else is like,
"Why should I listen to you?" Yeah.
Yeah, with content like I'm I'm open.
Anybody that wants to make it, make it.
People will watch it if it's adding
value. Hopefully, they don't do what you
were describing earlier, which I'll call
spiritual entertainment, where they're
just learning, learning, learning,
watching, watching, watching, getting
motivated, getting inspired, they're not
doing anything with it. But my big
concern with people creating content is
that they will trap themselves because
they're afraid to suck. Like when I got
on camera, I was like, "Wow, I'm really
rolling the dice now, because my life
has taught me one immutable truth. I'm
going to fail a lot." And there's
nothing that tells me that that period
in my life is over. Like and and it was
never interesting to me to like ride
into the sunset on, "Oh, I sold Quest.
So, I sold Quest and then like [ __ ]
Babe Ruth, I said I'm going to build the
next Disney, right?
But I went on camera and said, look,
honestly the odds are stacked against
me. The odds that I fail are way higher
than I that I succeed, right? And so,
going into that, I did not want to back
myself into a corner where I was afraid
to try things. I was afraid to step into
an area where I wasn't good, because
it's the only way that I know to get
better, right? Which I call the physics
of progress. I call it the physics for a
reason, cuz I think it is truly the only
way to improve is basically the
scientific method. You come up with an
informed hypothesis, come up with a test
that lets you actually try that out, you
test it, you get results, you stare
nakedly at those results, which will
sting a little cuz it almost certainly
did not work as well as you hoped. Yeah.
You will then get a little bit wiser,
you will reformulate a hypothesis, you
will retest, and you just that's the
loop, right? And you just go go go, and
you see what works and you see what
doesn't, but people are so interested in
looking cool that the content becomes
the trap that stops them from actually
getting good. It's the posturing.
It's the external validation that they
need to feel like the success they're
not having in reality can be made up for
with likes and comments and perceived
success.
Talk to me about the So, you said that
you wanted to vanquish your dad. Yeah.
So, this to me is tied to that idea of
like you you need something that propels
you, you need something that pushes you
to go through all of this.
But also trying letting your dad control
your actions is probably not the best
move. Yeah. So, like how is it useful
and then is there getting to the other
side of that? Yeah.
So, um and you know, to be clear, Dad.
Um
The I would say that the the vanquishing
thing is something that I was able to
kind of recognize in retrospect, which
was it was all about beating my dad
earlier on. So, and a lot of that was
because I felt like a lot of the respect
was withheld from me earlier on and it
was always like a moving target, which
is, you know, you need to be this, you
need to be that, you have to be in
shape, you have to date hot girls, you
have to be top of your class, you have
to play all the varsity sports, you like
all those things, right? Be editor in
chief of the newspaper, be editor in
chief of the of the literary magazine,
all those things at the same time and
still, if I got something wrong on a
test, it was like, "What did you get
wrong?" You know, rather than, "This is
cool." And I'm not Got 99 right. Yeah,
I'm not boohooing about it. It is what
it is. It's made me who I am and I'm
grateful for it. Um but that was kind of
the the earlier part was I wanted to win
the game that had been set out for me.
And, you know, first it was make a
100,000 a year and then it was make uh
the same as my amount as my dad and then
it was make more than my dad and then it
was make more than my dad had ever made
in his entire life. And then once that
happened, I looked around and I was
like,
I think I've been playing
his game and not my game. And so, I
wasn't really setting any rules. I was
just playing with the rules that were
given to me. And so, in kind of thing
like, is this even the game I want to
play?
And so, that, you know, that took me,
you know, a little bit of time to
process. Um and I think that it
ultimately, to your question, I think it
did serve me a lot. Um and I don't know
how much of these reinforced behaviors
that I learned during that period of
time still benefit me today, but they're
not fueled by the same thing. So, I
still have these habits of how I work
and and, you know, being dedicated
towards goals, etc., that I think were
born of that um but no longer are fueled
from that now.
[laughter]
You lay out three traits of ultra
successful people. Yeah. I don't know if
they're yours or if you got them from
somewhere. This is
so brilliant. And when you said it, you
put words to something that I have felt
for a very long time. Yeah. Um if you
don't remember them, I have them here,
but if you remember
them. Yes. Uh and so, it's
there's three traits that people do when
they looked at cuz they were trying to
find habits of highly successful people
and when they actually pulled apart,
it's not, you know, and I hope I'm not
con- con- contradicting anything.
But there's people who are really rich
who wake up really late and work really
late. And there's people who are really
rich who wake up really really early.
And there's people who are really rich
who eat really healthy. And there's
people who are really rich who drink
Coca-Cola and eat french fries every
day. And so there's all these things
that we want to make as truths, but
there there's easy examples that counter
those things. So it's like what are the
few things that are true or at least
that seem to be present in all of the
situations. And it seems as though there
were surprisingly few.
And so the three common traits that they
had uh that they had found were one,
that people have a superiority complex.
They believe they're better than others
and they believe that they deserve more
than everyone else does and that they
can accomplish big goals. Right? So they
have a bigger vision because they
believe they deserve it or whatever it
is. That they were able to identify
that. The second thing that they would
identify is that they had crippling
insecurity. And which which is a paradox
of paradoxes. They feel they'll never be
enough um and they'll always be measured
against the things that they've
achieved. And so you've got this crazy
dynamic between they they think they're
better than everyone, they think they
deserve more, they want to go after this
big hill, and at the same time they fear
they'll never be good enough, they'll
never actually achieve it, and they
actually suck.
And then the third piece, which kind of
adds the beautiful like mix of this, is
impulse control.
And so they're able to control their
actions and focus on a single thing for
an extended period of time. And so if
you put those two things together, it's
like you've got a big goal that's
pulling you this way, you've got this
big fear that you were are running away
from, and then you've got impulse
control to keep you focused on the one
thing that matters.
And if you do that if you if you are the
type of person who has those traits,
then you are very likely to be
successful.
What is up my friend? Tom Bilyeu here
and I have a big question to ask you.
How would you rate your level of
personal discipline on a scale of 1 to
10? If your answer is anything less than
a 10, I've got something cool for you.
And let me tell you right now,
discipline by its very nature means
compelling yourself to do difficult
things that are stressful,
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and stretching to reach your potential
requires you to do those challenging
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even when it gets boring, and it will
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I will see you inside this workshop from
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friends, be legendary. Peace out.
You gave me the chills twice while you
were explaining that. So, this is
I'm often asked like, "Hey, you know,
what does it take to be successful, or
how did I get successful?" And I'm like,
"From the time I was a little kid." So,
I grew up lower middle class, and but
from the time I was a kid, I told
everybody, "I am going to be rich. Like,
you don't understand. I'm going to be
rich." I was so angered by not being
able to get the things that I wanted as
a kid, and I had a little problem with
authority, and so I felt like I was
being told that I had this box to stand
on. I was like, "No, no, no." I had
always had these crazy dreams, and I
just believed I could make it come true.
Yeah. But I'm terrifyingly insecure that
I'm not smart enough to pull it off, and
I have something I need to prove to
myself, to my wife, my father-in-law, my
own parents. Like, I just [ __ ] no matter
how much I achieve, I still have this.
Right? So, I I have this crushing need
to validate myself and to feel like,
"No, you really did have it, kid."
And but I am psychotic at my ability to
delay gratification. Like, I can suffer
and toil and grind, and just like, I
don't need to eat the marshmallow for
100 years, right? Which is stupid in
some ways. But you put those three
things together and you just go and go
and go. It's really gave me chills. Gave
me chills.
So to the marshmallow point cuz I think
this is really interesting and I don't
think it's talked about enough. Which is
they they like to separate the kids into
the two buckets, right? Like the kid who
waits for two marshmallows and the kid
who just says I want the marshmallow
now. But I feel like they should have a
third bucket which is how long do they
ask the kid to wait for the marshmallow?
Right? Because it's not do you have like
is I like to think of things in like a
lot of times we have false dichotomies
or we have binaries where we're like
good or bad, you know, disciplined or
undisciplined, I'm honest or dishonest,
right? When I think more reality is to
what degree am I honest? To what extent
am I disciplined? To what degree am I,
you know, loyal? Right? Oh god, there's
a whole conversation there.
Yeah. And so I think that each of those
three traits that we just went over,
it's it's not do I have them or not for
the people who are listening cuz people
like to think yes, I have it or like oh
well, I have all three of those. It's
not having them. And I'm sure you you've
interviewed some of the most successful
people on the planet, it's how much do
you have? Right? And so I think that
like your ability to delay gratification
is not just like oh, I can wait a week
or I can wait a month, but it I made
this tweet that that went pretty viral
and it was like if you can wait a year,
you can make a ton of money. Like if you
can do something for 12 months, you can
not need for financial goodness pretty
much for the rest of your life. I'm not
saying you're going to be hella rich,
but you're going to not going to need
for anything if you can wait 12 months.
If you can wait a decade, you're going
to be
above the 1%. If you can wait 10 years
for an outcome, be able to do the doing
without seeing the result
for 10 years,
you will be able to be above any most
achievement of most people.
And if you can wait a lifetime and you
don't even need to see the result of
your doing this even while you are
alive, but know that it may get done
after you pass, then I I believe that
you can change the world. And I mean
that.
And so I think that if people can just
extend the time horizon
that they're measuring themselves on,
they can just do so much more. I mean,
you've probably heard the Bill Gates
quote where he says, "People
overestimate what they can do in a year
and underestimate what they can do in a
decade."
I think it's the same thing. Just
continue to draw it out. And I think as
I've as we've been able to, you know,
achieve more leverage and
make more money, etc., my horizon has
extended. And when I listen to the
people who are the people who I want to
emulate, I can almost tell by the
measurement of money that they talk
about and the measurement of time that
they discuss how successful they are or
how successful I think they're going to
be. Like if I talk to a 25-year-old and
he's talking about what he wants to do
in two decades and his whole plan of
what he's going to do,
as long as he's not just blowing smoke
cuz he's heard an interview from me,
[laughter]
um then I'm like, "This kid's got it. He
gets it. He gets it." And most people
just don't think they could they can't
wait 90 days. They most people can't
even wait a month, right? They start a
diet and 14 days later they don't have a
six-pack and they can't wait. But like
if you do a year, you can look what-
whatever way you want for the most part,
you know, by and large. And if you wait
a year for the ability to learn how to
sell, you wait a year for the ability to
learn how to market, wait a year just
providing value to a group of people for
free and then delaying your ask,
you can do whatever you want.
Now, and I don't know how you're going
to react to this.
If we can separate that idea from being
patient, Yeah. so I made a shirt that
said, "Fuck patience." Okay. But Yeah.
if you're not playing the long game,
you're screwed. So, my thing with
patience is you have to go all out at a
sprinter's pace Totally. and run a
marathon at a sprinter's pace
Yeah. if you want to achieve something.
Yeah. That's where people fall down.
You'll find people that can wait, but
can they, and this is one of my all-time
favorite quotes. I'm pretty sure it's
Winston Churchill, though people often
attribute things to him. Who knows? Uh
success is the ability to go from
failure to failure without a loss of
enthusiasm.
Now, there are people that can go from
failure to failure, but do they lose the
enthusiasm? Can they attack it as hard?
I was telling you at the at the end of
this year, we have a plastic table that
I'm going to smash into little pieces
because it has come to represent like
the hardest thing that I've built in my
professional career. And just all the
[ __ ] problems that have been
associated with it.
And but I'm still going after it as hard
every day.
And when I think about like so because
I've had success and I know how many
people are chasing it and I can just say
people a lot of time it's not going to
give you what you think it's going to
give you. So like don't bother chasing
that kind of success.
So an easy way to say it is
don't worry about winning a championship
ring, worry very much about becoming
capable of a championship performance.
That will be a far more interesting life
cuz you really do do want to get that
good. Yeah. But in the pursuit of that
thing, in getting that good, it's like
it is going to take an inhuman amount of
concentration, willingness to fight
through the pain and suffering, and an
ability to attach enough meaning and
purpose to it
Yeah. that you'll keep going when you're
just getting kicked in the face
[laughter]
over and over. Like it's crazy. And so
knowing how badly people want that, I
want for them
that thing. Like how whatever it is and
and I have a method that I can teach
people how to do it, but most people
still won't do it.
Yeah. Which is to build the desire, to
create an association between the doing
that thing
Yeah. and the meaning and purpose that
you want to have for your own life and
that it's not going to seem
self-evident. You have to bolt it on. It
feels kind of fake in the beginning, but
if you really invest and it really is
something that you care about. It can't
be fake. Yeah. But if it really is
something that you care about and you
build that intense association, then you
can fight through that. But
boredom kills more entrepreneurs than
fear or failure ever will.
When you say boredom, do you mean that
they're starting something and starting
to work and then they just switch
because they're ADD or
No, I mean that doing something where
you don't get the result that you want
and it's 10 years out and you're going
to have to do what Jeff Bezos calls
overhead, right? No matter how much you
love your job, there's always overhead.
There is boring [ __ ] Yeah. And what I
find is people they can't stay on task.
Yeah.
I find in myself a strong desire not to
stay on task because it is boring. It's
just boring. Or even worse
if it feels bad Yeah. and you have to
keep doing it and you have to wake up
every day and face that like this is
really going to be tough and it's going
to be tough for a very an undetermined
amount of time. So it's not even like I
know it's going to be a year. Yeah. It's
there is an unknown amount of suffering
before me and I have to somehow continue
to muster the enthusiasm. And have
faith. Yeah. That this theory that I
have is actually going to work out. Or
that I'll get better, right? That maybe
this theory isn't the right theory, but
I'll be able to figure it out.
It's interesting you say that because um
we talk about need to believe so when
we're thinking about a company that we
want to like invest in and so it's like
what are the you know, we try to have as
few need to believe as possible for you
know, a growth thesis to happen.
Um and then not only do we want to have
as few as possible.
Really interesting. Need to believe like
I need to believe that this is true for
this outcome to be possible. Yeah.
It's really smart.
So how do we have as few of those as
possible and how do we have that those
need to believe statements are as high
likelihood as humanly possible? Right?
So it's like do it like if we had a
business that was reliant on an you
know, an inflationary period or
something. I'd say like, okay, well, I
believe that that's you know,
it's high likelihood that it's going to
occur. Okay, so I feel okay about that
one. And if that was the only thing I
need to believe for this whole business
to be successful, they'd be like, where
do I write a check? Cuz this is the only
thing I need. So it's how many of these
are there, right? And if there's a lot
of them, then with each additional line,
our likelihood of getting the outcome we
want goes down.
Um and so I I that if reversing that for
success for somebody who's coming along
is like
what amount of action would it be
unreasonable for me not to be
successful?
And so for me it's like I I believe that
if you do 10,000 cold calls
you'll you'll get better. Like it would
be unreasonable for you not to be good
like after that level of effort. If you
if you run, you know, if you take half
your paycheck every month or a third of
your paycheck every month and you say
I'm going to advertising university,
which is I'm going to spend money
actually advertising trying to get
people to click on this thing and give
me their name and phone number.
If you go and you spend that amount of
money on actually advertising after a
year, after 2 years, you'll probably
you'll probably be pretty good.
Especially if you join a community of
other people who are doing the same
thing. Right? You see got mentors who
are doing who who have done and can give
you frameworks that you can just work
off so you can shortcut your path to
success. It becomes unreasonable that
you wouldn't be more successful in the
future than you are today. And so I like
thinking about things in terms of
directionally correct rather than will I
hit it or not.
Right? There's so many binaries because
it's easy psychologically for us to say
yes, no, honest, dishonest, etc.
successful, not successful.
Um but it makes making decisions really
hard.
Cuz you're like is this the path for me?
Is this the product the business I'm
going to start? Whereas like
well, if I started something
I would be more likely to be successful
than if I did not start anything. And
from there I will gain experience and
perspective to then make the next
iteration on the main thing and I was
Quest your first thing ever? First
successful thing. But you'd done other
stuff before that and failed. And I I
still I was I was like I hope Quest
wasn't his first thing.
Um most people had Thank God I wasn't
honest.
Most people had a graveyard of failures
before they had their actual first
success. And so most people spent all
this time um
I had a different tweet that went viral
that said like with 20 hours of focused
effort most people can be pretty decent
at something whether it's guitar, it's
singing, even cold calling. If you
actually cold called for 20 hours,
focused effort,
you'd be decent. But most people spend
years waiting to do the first hour.
Woah.
And so it's like, how can I decrease
that action threshold and get someone to
just just just embrace the suck? And so
it's like, how can I normalize no's? So
it's like, if I'm teaching somebody to
sell, it's like, "Dude, I need you to
get 100 no's, all right? Let's get 100
no's from me."
I don't care about the yes. Just get 100
no's.
And the thing is all of a sudden if the
if the no becomes the goal, then they
realize that it's about the process and
not the outcome, and then they will
become better sales people cuz they stop
being afraid of it. The same thing like
we're training sales person, I want them
to hear the gasp, right? Which is like
you say a price or with the phone.
Everyone's afraid of saying the price.
It's like, "Dude, if you didn't get a
gasp, you didn't go high enough." Right.
They're like, "What?" I'm like, "Oh, you
failed. Terrible sale. They didn't
gasp."
They're like, "Really?" And so then it
becomes it flips it and becomes a point
of pride. It's like, "Oh, I got her to
You should hear the gasp on this one."
And so all of a sudden they stop being
afraid. We normalize, we do like
exposure therapy on the things that
people are most afraid of. And I hope
that with all the stuff that we do, that
we can do that in a microwave for at
least a handful of people, so they just
start doing and realize that they're
going to gain perspective and the light
of their knowledge will give them the
next foot. But the thing is they're
stuck on the first one trying to pick
the first path when they have no idea
what they're doing.
Was selling ever hard for you? Like the
idea of selling, not that I'm sure you
were bad at it at one point. But was the
idea of trying to convince somebody to
buy something? Yeah, I uh so when I quit
my job, um my dad's buddy was in private
wealth management at Merrill Lynch. And
so he called me up and was like, "Hey,
you should sell for me." And I to this
day, he jokes about it now with me. Um I
said, "Ah, sales?" I was like, "I'm not
a salesman." I was like, "I'm an
academic." You know what I mean? I just
come from a, you know, honors to bones
and I thought I would, you know,
whatever. And um and then lo and behold,
I signed my lease, I slept on the floor,
and I'm and I I was like, "How do I pay
rent?"
And
woman walks in the door, and I was like,
"I need to get her to give me money so I
can pay rent."
And I was like, "Oh, this is sales." And
I didn't know. So, for me it was just
begging people to give me money in the
beginning.
[laughter]
I was like, "I promise I'm going to give
you the best results ever." Um but uh
the idea of sales was very
I I thought it was beneath me. I thought
it was scammy. I thought it was
used car sales, you know, just like the
abhorrent flagrant, you know, that would
be the right word, but um yeah, and then
I through exposure I uh realized that it
was and I ended up I in life's irony
being something that I've really fallen
in love with.
There are there are people on the
internet, I will let them remain
nameless, that they give me the
heebie-jeebies. Mhm. I'm deeply
uncomfortable with something in the way
that they sell, and I've actually never
taken the time to figure out what it is,
and I probably should. I'd make a lot
more money.
But there are people that make me deeply
uncomfortable, and then there's
something about you. So, I'd never heard
of you. Somebody pinged me was like,
"Yo, you need to check this guy out."
And I looked at your stuff, and I'm
like, "There's something about the way
that you talk that is super
matter-of-fact." It isn't the I have
nothing to sell you, because you're an
incredible salesperson. So, even when I
interface with the way that you sell, it
doesn't creep me out.
I've I've not thought about it enough to
know why, but I bet you have. What is it
that makes a salesperson creepy, and why
aren't you creepy?
Uh
why aren't you creepy? The the the best
the best interview question I've ever
had.
Um
so I I I think a lot about this cuz I'm
outlining the next book, which is So,
the next book is leads, and I've already
done the draft, and you know how that
is, where I'm like, "Oh, I'm not done
that book, but like I'm like, I can't
wait for the next book." Um and so I'm
thinking through like what what is it
that that sales is overall, right? It's
structuring a conversation to increase
the likelihood that the person who's on
the other side gives you money. That's
what it is. It's structuring that
conversation that way.
And
Structuring that conversation. I heard
you mention something that you call, and
I I am so only vaguely aware of like
proper sales, but you said holding the
frame. Oh, yeah. Like it's not about the
words you say, it's how you say them,
and whether you can hold the frame. Is
that what What do by structure of
All of it. Yes. I mean So what is what
is the structure? What is holding the
frame? Like what does that mean? So in
I like
I love sales. So
So [clears throat]
when you're when you're when two people
interact in general, no matter what man,
woman, child, whatever
two frames collide. And I believe it's
animalistic, whatever it is. There is a
there's a decision of who's alpha. Now,
the alpha is also contextual. And so you
can be alpha in like the President of
the United States is alpha everywhere
until he goes into a doctor's office and
he tells him to pull his ass and he
sticks his finger right?
Frame. Right? In that room, doctor is
king. Right? He is the alpha in that
setting, in that context. And so the
ability to hold the frame for most for
most sales people is really having a
Sounds crazy. Having a clear agenda and
controlling the conversation, which is
why are we here? Right? Cuz
A lot of sales is clear communication.
Because if you clearly communicate
because the biggest advantage that a
salesman has is that the person has
already said they have a problem most
times. Right? So if someone responds to
a content piece and says, "Hey, can you
help me?" They've already enunciated
they have an issue. They have a problem.
And so you already have the inherent
advantage of the frame, which is you
said you needed help. I'm here. How can
I help you? Right? And so it starts with
that. Right? It's it's being clear about
why we're here. And then we get
agreement that we understood the problem
that they said they had. Next. And then
from that point, we have to turn the
desire into a decision, which is okay.
You say you want these things. Here's
the frame that I want to give you to
analyze the decision. Can we agree to
this frame? Right? And so for example,
if I were selling marketing services and
I So whenever we we rework a sales
script with any of the portfolio
companies, which is one of the things
that we do to make them grow.
A lot of times they have all this
gobbledygook. Right? And so I like the
shortest possible scripts we can because
a lot of communication is wasted. Right?
So what happens a lot of times on a
sales call is they say hello, build
rapport, talk for 30 minutes, see that
there's time that's running out, and
then realize they have to pitch. Right?
And so, then they motor mouth and then
just awkwardly ask, right? And it is, to
your point about it seeming icky, right?
Or sucking, um is that it's not normal
human communication.
And you're not providing value to the
other person.
And so,
if
giving clarity to someone on a decision
is tremendous value.
And so, if you can sell in a way that
clarifies the decision, my objective
always when I teach sales, the goal is
not to get the person to buy. The goal
is to get the person to decide.
And I believe that people don't decide
for only three reasons. And this comes
from Albert Ellis, this is not me. But
people blame
all the woes of their lives on
circumstances,
other people,
and then ultimately themselves.
And so, when we're overcoming obstacles
in a sale, we have to make sure that we
are accounting for the circumstances,
which is taking away time as a reason
they can't do it, taking away money as a
reason they can't do it, taking away
particular aspects of the product as a
reason they can't do it. We have to
make sure that they don't cast their
power to other people and saying, "I
can't make this decision. Someone else
has to make it." And then finally, when
they're with themselves, they want to
avoid the decision. They want to delay
it. They want to not make it. They're
I'm not going to think about it, right?
And so, the idea is that I believe that
if you sell properly, you can talk to an
empowered person. And you have to
basically sift through the crap that
they're telling themselves about why
they can't decide, why they have to talk
to their husband, why uh the
circumstance of their situation matter.
And so, I think that if you can do that
and communicate that in a conversation,
you are you have made someone feel
powerful and you've given them the tools
to make a decision. And then in making
that decision, they take a step towards
the life they want to have.
And so, if you can structure a
conversation that way, it's not icky,
it's value additive, and then ultimately
you do make more money, but you're not
focused on that because you're focused
on helping them make the call.
And if we can do that, you can sell
whatever you want.
And I think that's like that's what I
try and structure, and that's why I'm so
excited for the sales book when it
finally comes out, but most of it's
clear communication. When I listen to
sales calls, cuz I still kind of do it
cuz I like it,
um it's like therapeutic, you know what
I mean? Um
there's so much there's so much waste.
There's so there's not there's no people
aren't direct. It's like, why are we
here? You And someone's like, I just
want to get more information. That's an
obstacle. No, you didn't. You're not
here cuz you want more information.
You're here because you're suffering
from a problem. You don't just hop on
sales calls all day to get information.
No, you're trying to solve something,
right? What are you trying to solve?
What are you in pain from? Got it. So,
let me make sure I understand this.
Label the problem, right? So, it's like
a lot of people just don't know how to
talk, and they just make face noise at
each other, and no one's listening, and
no one's talking. They ping-pong back
and forth. No one actually is listening.
Yeah, they're not communicating at all,
right? They say a statement. I mean,
someone says, I literally just list I
reviewed a sales call yesterday.
Guy says, uh
I'm not sure now's a good time.
Salesman then responds with
uh well, you know, I'm not sure if if
you're a good fit if you're if you're
not sure cuz and it just goes off on
this weird tangent, and then there's a
pause, and the guy just asked another
question. No communication happened. It
was like, I have a question. You just
said a bunch of words, and I guess it's
normal for me to say something else now.
And so, then he just asked another
question.
Right? And so, it's clear like what And
then normally when you overcome these
Sorry, I could talk about this forever,
but like when you overcome these
obstacles where somebody's like, I don't
have time, right? I'll just give you a
simple one cuz this is one This is for
everybody who's listening.
Because right now you're probably not
doing something cuz you're like, I'm too
busy. I'll start when it's convenient.
Whatever.
If you say that as the excuse for not
doing something, then there's an
assumption underlying that that says
that if I get busy again in the future,
I will stop.
And so, do you want the success that you
want to be long-term? Yes. Then do you
believe that you'll never be busy again
for the rest of your life? No. So, then
you might as well start when you're busy
so that you have the most support. Cuz
if you learn how to do it when you're
busy, when you get when it gets quiet,
you'll succeed even more, and when it
gets busy again, you know how to do it
cuz that's how you started.
Right?
Obstacle overcome.
And then, one step closer to making a
decision. And so, what happens is in the
even in the obstacle process when people
are trying to sell stuff,
people start from the outside in. So,
it's so easy to say I don't have time.
It's the easiest thing to say. I don't
have time, I don't have money, right?
And then, once you peel you you you show
them how that's a fallacy. It's a
logical fallacy. It's a distortion of
reality. You peel that back. You get one
layer closer to them. My wife won't let
me. My partner won't let me. My kids So,
you can feel like it's it's closer to
you, right? And you peel that out
because how do you overcome that? Well,
5 years from now,
if you didn't do the things that you
wanted to do with your life,
and you blamed your wife the whole time,
cuz she wouldn't let you do it, who you
going to blame?
Her. Is that fair for your marriage? For
your relationship?
What do you think?
Now, so, I think what you're doing is
you're asking for permission instead of
support.
All right? And they should you should
have that conversation with your wife.
Right? So, now we're we're we're sliding
the other side of the table and be like,
let's play this out. Right? It's not
going to go the way you think it's going
to go. Cuz if you keep repeating this
habit, you're going to end up 5 years
from now, you're going to look at your
life the same way you're looking at it
now
and hating it.
And who you're going to blame? Now,
you're 5 years in, you still kind of
like your wife. 5 years from now, you
might not so much cuz you've had 10 more
times you tried to do something she said
no.
So, is today the day, right?
And so,
we peel one layer, and then finally,
you're at a person who's squirming
there, right? Because you you've forced
them to confront reality, which is now
they don't want to make the decision,
right? Cuz they're like, I'm just going
to avoid it, I'm not sure, etc., etc.
And you're like, hold on. Like, I've got
you. You know what I mean? Like, we're
going to get through [laughter] this cuz
you cuz you're just waiting through this
[ __ ] that people tell themselves, right?
And so, finally, when they're in the
avoidance part, the biggest fear they
have is making a mistake.
Right? They don't want to be seen as
stupid. They don't want to lose status
as a result of this decision. And so,
when we're when we're when we're dealing
with that,
it's making them understand that you
don't need time to make a decision. You
need information. And if the only source
of the information you have is me, then
let's talk.
What are the variables you're going to
use to make the decision?
And a lot of people haven't even thought
through that. It's like, well, if you
don't know what they are, why don't I
walk you through four that might be
useful?
Does this thing solve the problem the
way you want it to be solved? Yes or no?
Yes.
Do you want to work with us? Yes or no?
Yes.
Do you know someone do you have access
to the amount of money to get started
with this program?
Yes or no? Yes. Great. Let's do it.
Right? And so you can walk someone
through it and it's like, "Oh,
wow. Like
And like you feel like just one of this
magical journey of like all these things
of why the reason they haven't they
decided not to make decisions, but so
many people are stuck in that same spot
for why they're not taking action,
whether it's selling a product or
selling themselves. And I think that
those frameworks of thinking through
each of those problems and there's I
have a zillion of them for each of those
things.
Um
I had to develop because I used those on
myself.
So I was like, I have to give myself a
compelling reason to start doing stuff.
I have to give myself a compelling
reason to make decisions when I don't
want to. I have to give myself a
compelling reason that I can explain to
a partner of why I made this decision.
Right? Later.
And so by doing that, it decreased the
time between me getting information and
acting, and then it sped up my decision
loop in my life in general. And then
obviously I applied that to sales, but I
applied it to everything.
When I say these beliefs, I don't say
these as a an affront to anyone who
shares different beliefs, to be clear.
Um but for me a very core belief that
has been I think intrinsic to at least
the material success that we've
experienced has been a belief that
meaning is self- ascribed. So that there
is no inherent meaning in the things
that we do um or the actions we take or
the outcomes that happen, uh but only
that which we ascribe to it. Um and so
because of that, I feel like it's
allowed me to the point of what you're
saying about like the amount of pain and
the amount of suffering that you have to
go through in order to
to achieve the things on the other side.
I think it's been able to it's allowed
me to reframe a lot of the discomfort
into what if this just is is how it
always has been? Or what if this is
actually amazing?
And what if this is exactly what it
should look like? And so I think a lot
of times it's the it's the discrepancy
between our expectations and reality
that shape the emotions that we have in
response to any given situation, bad,
good, etc. And so I think a lot of
people can't control their state. And I
we deal with this with a lot of the
portfolio companies is it's like it's
funny cuz I don't even necessarily want
to get into this. I want to talk about
like the business and what's the
strategy and how we're going to execute
the stuff, but you know, there's a big
percentage of time where they're
stressed and they think there's
something wrong with that.
And so I feel like
a lot of people feel like there's
something wrong with experiencing human
emotions.
And so they are stressed and then think
there's something wrong with them.
Or they are sad. And I know this is the
thing that the keyboards are you know,
their their fingers are right on top of
it.
It's my belief. It is contrarian. I
accept that.
That it's it's the beliefs we have about
our emotions that are the things that
drive us mad. Facts.
And so somebody's sad and then they tell
themselves there's that there's they're
bad because they're sad or they're wrong
to be sad or they're a piece of [ __ ]
because they're sad. Um rather than
saying isn't this a beautiful thought
about the human existence? Like if I
could not be sad then I would not
experience joy.
So like if I say that I don't want to be
sad anymore then I would also have to
give up joy. Am I willing to do that?
No. Well then this is just a part. Like
I can't say that I want sunny days if
there are no rainy days.
Like we don't say weather is good or
bad, it just is.
And so I think to the same degree the
human experience is also that way too,
at least how I define it. And so I think
having that is my backbone frame in
terms of my worldview, although
contrarian, has helped me a lot in
dealing with the things that often
derail entrepreneurs on their path to
getting what they want. And so for me
that's been very helpful. So from a
contrarian standpoint of like believe
me, Peter Thiel's question, like what
closely held belief do you have that
most people don't agree with? That's one
of them. Um
I'm scandalized, by the way, that that
one is
something that people don't hold. I
think that people get themselves in
trouble because
uh they believe the opposite of the
following quote, "There is nothing
either good or bad, but thinking makes
it so." Yeah. And they think that no,
there are things that are objectively
good and bad, and I am simply
recognizing the truth. That is that
that's certainly what I struggled with
the most in my own life. Mhm. That I was
simply when I had a negative view of
myself or anything else, that I was
simply recognizing the truth of the
situation. Not understanding how the
belief I had about the thing was
influencing my behaviors. Yeah. And my
behaviors entirely determined my
outcome. And so then I was like, well,
hold on. If if my behaviors are
predicated on my beliefs, and my
outcomes are predicated on my behaviors,
then my outcomes are actually linked to
my beliefs.
Totally. And so I've got to go in and
make sure that I'm believing things that
are effective. [snorts]
And so my whole thing is I only do and
believe that which moves me towards my
goals. Now, the next question that
people ask is, well, then does that mean
that you believe things that aren't
true?
And the answer is unintentionally, no.
Yeah. And the reason it's
unintentionally no is because that to me
something is true based on its ability
to increase your ability to predict the
future and the outcome of your actions.
Yeah. That that's what's true. If I
touch this hot stove, it's going to burn
me.
Yeah. I believe that to be true because
hey, I've touched hot things before and
they actually do burn me. And so when
you can, like in sales, if I structure
the conversation in this way, it's more
likely to lead to an outcome, that thing
is true just because you've run the
experiment enough times to be like,
yeah, that actually gives me the ability
to predict the outcome of these actions.
And when I encounter people that either
don't even know what their own belief
system is, and so they they think, "This
isn't a belief, this just is true about
the world. I'm like, no, that that is a
belief that you've chosen to believe in
and it's completely [ __ ] you up.
One of my favorite quotes, I think if
there were to be a quote that would be
on my tombstone, it's it's
top three, which I've Well, I love a lot
of quotes. Um it's uh Orson Scott Card.
He said uh we question all of our
beliefs except for those that we truly
believe, and those we never think to
question. Yes. And so it's cuz you truly
believe it, and those are the ones Those
are the pesky ones. Those are the ones I
think um I always told her cuz you get
asked a lot, I'm sure, like, "Hey, I'm
going to talk to a mentor. What
questions should I ask them?" And I got
this really good one, which is
what do I believe to be true that isn't?
Whoa.
And so
great question.
Right. And it cuz I'm sure you see it,
and if I talk to somebody, I can tell
like they they cast these views of what
is and what isn't about business, about
marriage, about health, whatever it is,
and they say like and then they and then
they operate off of that framework of
assumptions, which is might be patently
false, and then they wonder why what
they're doing is not working. It's like
because the entire foundation upon which
you built this thing is just wrong.
Right? And so um
the easy you know, the easiest way to do
that is to get people who are ahead of
you who tell you, "By the way, I don't
think that belief is true." But you have
to get in a place that somebody can
actually communicate that to you and be
open to it. Yeah. And then you have to
do something about it, which most people
don't. Otherwise, you get one piece of
advice, and people are like, "Uh
You're not going to do anything with
this?"
Yeah.
Like that That's the hard part. So, I
have the saying Impact Theory University
where I always thought all I would ever
teach is business, and I found that to
get people primed to do the business
part, I first had to deal with all the
lies that they were telling, the
beliefs, la la la.
Like the self-destructive behavior, all
that. Once you could get past that, then
they had an actual shot at running the
business. But because success is the
ability to go from failure to failure to
failure without a loss of enthusiasm,
and the ability to do that is predicated
on the story you're telling yourself
about yourself, your beliefs, la la la.
It It all like this [ __ ] mindset like
Yeah. rats nest of like God, if I can
help you like peel this stuff back,
you'll be able to get out of your own
way, but most people can't. But, it's
really interesting when you were saying
that I was like
part of what makes
like when you hear somebody speak and
they really resonate with you, they give
you the chills, you get excited, it's
because they're either putting words to
something that you felt, but you didn't
know how to articulate, and now it's
super concrete in your mind. Or, they
make you realize you believe something
that wasn't true. Yeah. And that's when
it's like I you feel like you're being
set free. Oh, totally. And that's like
that's really exciting. It's like a
weight vanishes.
That's my That's what I like That's what
I think sales is.
Is that. Is that people have these
beliefs, and you have to know like the
the the process of being a good
salesperson is being able to help people
break the beliefs that they have about
themselves or about the realities that
are not true. Mhm. And so, I think if
you can basically just unencumber
somebody, then it becomes very easy to
sell someone. Because if you have the
struggle, we have the solution. Do you
believe that buying the solution will
get you more likely to get to the
outcome you want? Yes.
What are we doing? Let's go. You know
what I mean? It's But, talking to that
person, you have to wade through all the
stuff. But, like I believe that I'd
like, you know, if I'm speaking to them,
it's like I believe that you could start
a college. Like, you want to do it?
And then you start from there,
right? Like, depending on what someone's
consumed beforehand. Um
but
I'll tell you one of the things that's
that shaped my life in terms of business
stuff is understanding the concepts of
of leverage, right? And so, a lot of
people are limited um by either the
skills, the beliefs, or the traits they
have, right? And so, the skill
deficiency is the easiest one to fix.
It's like, go do repetitions
in a community of people who are also
doing repetitions to learn the same
skill, and you will learn it quickly,
right? That's the thing.
Then you have traits and beliefs, which
is a little bit more amorphous, right?
And so,
from a from a beliefs perspective, it's
you need someone to tell you stories
that you believe to be true that
conflict with your view of reality.
And then their their the evidence of
their story being truer than yours,
then that it's like a frame control.
That frame now wins and then that
becomes the new lens that you see
everything through.
And so, I had a friend who had a fitness
app
and he was doing 20,000 a month. He was
a CrossFit competitor really high up. He
didn't win,
of course.
How like all the It's like he didn't win
so he didn't want to tell anybody that
he had an app cuz he didn't think he
deserved it. He didn't deserve to have
an app cuz he didn't want anyone to know
cuz he's like, "How dare I make a
fitness app cuz I'm I was only fourth in
the world." You know what I mean? Or
whatever.
And
then all of a sudden he talked to
somebody, he got over it, and then he
just started just telling people he had
an app and he went from like 20,000 a
month to $100,000 a month. And so, it's
not that his skills changed. It's not
that his traits changed. He was still
just as hard working, same looked the
same, etc. I was like, "It's just his
beliefs."
Right? And I'm sure in the in the
entrepreneur space, one of the most
common traits is is focus. Right? People
can't do the same thing over and over
again. They just do all these half-built
bridges. And so, I know for me my big
explosion happened in my entrepreneurial
journey when I went from having nine
businesses. That is not a not a
misspeak. Nine as in one less than 10.
At the same time that I was CEO of All
Love. So, I had a I had a I had a dental
agency, marketing agency, I had a
chiropractor marketing agency. I had gym
launch where we'd fly out and do gym
turnarounds. And then I had five gyms of
my own. Jesus. At the same time.
And I was somehow perplexed as why I
wasn't making any money. I was There's
like everything was always on fire all
the time and I always just sold my ass
off enough to be able to pay all the
bills and have nothing left over. That
was the That was how I rocked it.
Um and it was only, you know, when Leila
came in and she was like,
"You know,
I think
maybe if we just did one thing, you
could win." Cuz she was like, "Imagine
She was like, imagine if all you had to
do was make one of these businesses
work. How easy would that be?" I was
like, "Oh my god, if I only had to make
one of them work, it would be a joke."
And like I heard myself say that and I
was like, "You're an idiot.
[laughter]
Why are you so dumb?" And so like the
trait that I was missing at that point
was focus.
And or discipline. I couldn't say no. I
didn't have that muscle. So that was a
trait I lacked. And so it's like boom
and then that blew up. And so it's like
sometimes the question is which of these
things do people lack? Um and so since
we don't always know cuz we don't have
the perspective to judge ourselves
often, it's like you just got to keep
moving in all of the directions getting
those communities and then like that's
ultimately Like I'm a big believer in
the alternative education space. The
whole guru space that everyone you know,
laments and and hates. Um
I learned
everything from that space.
That's going to go away. There's always
going to be fake people that people will
be dismissive of, but we're just in a
weird transitional moment now where
traditional college is people are
beginning to realize
A, some of these degrees are dubious at
best. And then B, and here's the thing
that breaks my heart.
Yeah.
A teacher 99 times out of 100 has gotten
good at one thing, teaching. Yeah. So
people are like, "Why don't they teach
us this in high school? Finance,
mindset, whatever." And I'm like, "Cuz
they don't [ __ ] know." Like they
can't do it in their own life. God bless
them. There are so many things that like
I'm terrible at.
Yeah. And so I feel their pain. They've
gone down the path of being an educator
and so what they know how to do is
educate, but they don't necessarily know
finance, mindset, whatever. And if they
did, they would be off doing those
things. And so getting somebody who's
expert at that stuff to teach is next to
impossible until now. Like when I grew
up,
you had to go to the library to like
find a quote or something like that.
Right. It It was insane how hard it
would be just to find a cool quote. You
would literally just like find, okay,
this philosopher and you'd flip,
anything cool on this page? Flip,
anything cool on this page? And then you
would find something. You'd have to
build like a whole argument around the
quote you could find is crazy.
So, nowadays, you're able to get Like,
when I stop and think, okay, hold on.
I've been in business now for 20 plus
years. I've had an incredible career
already and feel like I'm just getting
started. And I pour my heart and soul
into teaching everything I know as fast
as I can [ __ ] talk, and people can
get access to that with a few clicks on
the internet. Like, that's bananas. And
so, enough people that have a real track
record are going to put courses together
that then help people go on to have a
career. You know one of the things that
happened recently? I had this like big
epiphany moment, so I'll I'll share it
with you, but I was I was talking to
Caleb, my
video my my man.
Um,
and he was like, you know, I've I'm a
competitive person.
And so, I look at the the Grants and the
Garys and stuff. I'm like, I'm like,
man, by the time I'm their age, I was
like, I'm going to be way ahead of them.
Right? And I think it was Caleb who said
it back to me. He's like, yeah, he's
like, yeah, but
Gary didn't have Gary. Mhm.
I like it like really like hit me,
right? And so, I think that there is
cuz, you know, there's Gen Z that's
coming up and whatnot. There's always
these disconnects and there's there's I
don't see wars. There's conflict between
age groups, etc. And the old guys are
like, these kids don't know what I had
to go through. They've got it so easy,
right? And these guys are like, these
guys are
what I was just saying 3 minutes ago.
These guys are out of touch, right? But,
the flip side is that if you ask an
entrepreneur what his goal is, he's
like, the work make the world a better
place, to have an impact, etc. And it's
like, well, if you want to make the
world a better place, doesn't that mean
the next generation has it easier?
Like, doesn't that mean we did our job?
And so, there's this this this
competition that I used to feel towards
like the older classmen, if you know,
like think about it like entrepreneurial
grades. I used to be like, I'm going to
be further, faster, whatever by that
time than that guy is. But, lo and
behold, those guys helped me. So, of
course it would make sense that I get
there faster. And like I'm sure you've
seen like there guys in their in their
mid-20s with nine-figure companies that
and they're killing it. And that wasn't
it just wasn't I don't want to say it
wasn't possible. It was extremely
extremely extremely unlikely 20 years
ago. Right? But because of the access to
information, the information's out
there. And so somebody who's 26 can have
the experience of somebody who's 60
20 years ago. So, they can be as good at
the game, real talk, as good at the game
as somebody that much older. And it's
because they've had Warren Buffett
videos they've been able to watch
their whole high school about finance
and investing and Charlie Munger talking
about character traits and all these
things that you wouldn't have you didn't
have. You know what I mean? Like you
might have the shareholder letter and
that's all you got and you just had to
keep rereading it, right? And so
anyways, it's been a really interesting
shift for me to also think about the
fact that
a lot of times we think like I want to
be the greatest of all time. I'm sure a
lot of people do. Right, whatever.
But,
if I did my job, I won't be.
Cuz somebody else will be better than me
if I did my job. Yeah. And so that was
like a really interesting point that I
feel like shifted inside of me in terms
of like competition and thinking like
I shouldn't be competing against these
guys who are ahead of me. I should be
thanking them because of course I'm
going to be there sooner or faster than
them. I was like because I had them and
they didn't have them.
They were just figuring it out.
Because you should want to [ __ ] crush
all of them, right? Me included.
Dude, you're on such a rad pace. And
here's the thing, the older guys owe it
to themselves
to to be thrilled that business is a
sport that you don't have to age out of.
So, my knees going bad doesn't [ __ ]
matter in business, man. And I should be
able to capitalize on all the things
that I know and all that. So, I should
be able to keep going until I run out of
desire to do all this. But But thing is
I don't want people to give up on
competition. So, I used to be afraid of
competition because I sucked and I
didn't think I could get better. So,
with a fixed mindset, competition was
not interesting. I I there's only one
thing that I've ever gotten a
disproportionate return on and that is
speaking. So, I've always been highly
verbal. Yeah. But
when I was coming up
how do you do something with that? Yeah.
I didn't want to be an actor. So, it was
like
there wasn't a lot of avenues. It's
obviously changed and I've been able to
capitalize on that, right? Now that once
once I had something to say and a
camera, I wasn't an idiot. I'm like, I
am so verbal, I will perform very well
on camera. That was highly strategic.
Nobody should feel bad for me. So, it's
like, cool. I got to finally leverage
that talent. So,
I love that the Young Bucks are coming
up. Yeah. It feels so rad. My whole
thing is, I have had to learn everything
the hard way. It's just the way that I'm
wired, whatever. So, it stokes me out to
be able to go, "Okay, I learned this
through blood, sweat, and tears, a
massive amount of pain and suffering.
I'm going to tell it to you as fast as I
can [ __ ] talk. Yeah. I'll do it for
free. Like, yes, I have my paid [ __ ]
but I'm also like, it's not like I'm
holding anything back right now. Yeah.
So, I will give people all the
information and my hope is that you come
up, but be aware, I want to compete.
Yeah.
to be on the field. I want these young
guys who think they can shark and job.
I'm like, all right, [ __ ] like
we're in this. Let's go. Yeah. But it's
a light energy. It's an expansive
energy. Like, if somebody beats me,
passes me, whatever, cool. I'm all for
it. As long as you're down for me to be
on the field and go
Yeah. as I can and want to win and
constantly push myself, like it's fun.
Because I no longer one, I know what
success is and people end up trapping
themselves thinking it's money, all that
[ __ ]
Yeah. Ha ha ha. Like, they have a very
painful awakening coming their way,
which I had to live through. And then
also, it's like being able to play Yeah.
is fun, man. And so, if you lose sight
of the fun and you're just worried like,
oh, is somebody better than me? are they
outperforming me, whatever.
You're going to miss out. I would see
the the um the both sides of it, right?
You've got the guys who are ahead who I
used to be like, I'm going to do all
this, right? And the guys behind them
like, they're so lucky, right? If only I
had, right? That that thinking. And I
feel like at least it was just that that
little quote like, Gary didn't have
Gary. Like that thought process for me,
I feel like for me
like my competitive drive is never going
anywhere. Like it's going to be there
forever. But the I feel like I was able
to It was more like doing honor to the
game that I'm going to bring to
transform my potential into reality and
drag it by the [ __ ] balls if I have
to to make it happen.
Like it was more to honor the game and
all the other players in it. Yep. Rather
than me trying to like and it almost
felt small-minded to be like, why am I
going to pick this guy to compete
against? Like how about just
doing a service to the game about being
an excellent player.
I love that. As long as you don't lose
sight of the whole Kobe thing, like what
made Kobe so interesting to me was that
he was just die hard, dude. And so I'm
not a sports guy, so never really
thought about Kobe like that, but I was
so inspired by the way he would talk
about things. I never got to meet him,
which I'm absolutely mortified by, but
the way he talked about everything, I
was like, wow, what a [ __ ] competitor
like and as I had gotten older and
really learned power of competition and
being willing to put myself out there
and go for broke and like really find my
limits, right? And I want to die. Like I
I can already tell you just the way that
I'm wired, I will be horrified by the
the personal limitations that I have
because we all do. We're 50% hardwired,
50% malleable. I'm going to do the most
that I can with my malleable. I'm
already traumatized by my limitations,
[laughter] right? But like, you know,
I'm going for it. But so watching Kobe,
I was like, damn, like I'm so inspired
by the willingness to push yourself that
hard to see like, what do I have in me?
Yeah.
And then that [ __ ] went from
basketball into my arena and he came
into film.
And his first film, he won an Academy
Award.
Now, I was like, this [ __ ] guy. But I
was so inspired, right? And so I may be
misinterpreting what you're saying, but
what hits me is Caleb's comment took it
from maybe a bit of a dark energy to
like, "Oh, that's actually pretty rad
Yeah. I had an advantage that he didn't
have it makes me appreciate the game,
makes me want to play with honor and
honor these guys.
So it becomes this expansive thing. But
I would expect you to dunk on me if you
can, right? And then be like, "Help me
up, bro. It's worth the All-Star game,
you know, it's all good. Like we both
[ __ ] made it." But [laughter] at the
same time like Yeah. I'm going to be
trying to dunk on you, you know what I
mean? Yeah. But like with a smile and
like a handshake and the way that you
hear like the guys that were on that
first dream team Yeah. talk about each
other and like repping the country,
which is to me what you say when you
want to honor the game. It's like, "Hey,
we're [ __ ] repping something in that
case America, Yeah. basketball, Yeah.
but we're here to win, Yeah. but we're
also here to have fun. Yeah. And like
that's my thing. And what I always tell,
whether you're trying to be an
entrepreneur, a better parent, whatever,
is you've got to optimize for the game
still being fun when you're losing.
Yeah. If you can't have fun when you
lose, oh man, my heart bleeds for you
because you're going to lose so often.
It just is what it is. Yeah. Even people
that win, you just lose so many times,
whether it's a just a lead funnel that
didn't work or you go up on stage and it
[ __ ] bombs, whatever. But there's
going to be a lot of losing in your
career. It's like Jordan's whole thing
about I've lost this many games, taken
this many winning shots and missed a
lot.
And I succeed because of all of that,
right? So you've got to be able to have
fun in the loss because I can guarantee
the struggle. I can't guarantee success.
So you've got to be able to love that,
but if you love that, there is something
about going for broke that I'm so
honored by even though that means that
people are gunning for me. Yeah.
It's worth it.
It's funny cuz when I think about that,
I think about game theory in general,
which I'm sure you're
su- very familiar with, right? And so,
it's um it's shifting from like the
finite to the infinite um perspective.
And so, like how do you win at business?
You win by not stopping. Yep. Like from
an infinite from an infinite, you know
what I mean? And so, um
that's always been one that's that's
been interesting to me. But, I'm I'm
super open to uh to what you're saying
with the uh the competitiveness piece.
Um
and I probably share some of the similar
things to you of I guess when you were
younger or at least my age, right?
Um
trying to trying to take the good of
competition and to cast out the bad of
competition. And so, trying to like
separate those things. And I think this
has been part of my attempt at doing
that is reframing the game in that way.
Um
and trying to look at it from the
infinite perspective of like there is no
number one.
Like there like is it is it because
because if you're saying number one, you
say of what year? Over what time
horizon?
That's exactly right. Right. Is it by
what metric? Is it by your net worth? Is
it by cash flow? Is it by age age by net
worth by per unit of time? You know what
I mean? If Warren Buffett had died at
74, no one would care. Right. And let me
give people the punchline. All that
matters is how they feel about
themselves and they buy themselves.
That's it. Please, only chase that.
Yeah. Now,
[laughter]
when you're chasing that at at a grand
scale, it's amazing because you're like,
"Whoa, here
dude." Yeah. I'm so curious to to see if
you agree with this. So, here's my whole
thesis on life. So, first of all, chase
fulfillment. It's the only thing that's
stable across joy and pain. Yeah,
process. Yep. And then,
the best thing that life has offer you,
the [ __ ] best. There is no emotional
peak higher than the following.
You're working really hard at something.
And it's working. Yeah. And if you pull
this off, there there's huge upside.
Yeah, yeah. That moment, it's better
than the actual huge upside. Like the
the moments in my life where I'm like
climbing up this perilous cliff. I'm
[ __ ] looking down, my fingers are
just ice cold, right? And I'm I'm just
clinging, but I'm like, "Fuck, I'm
making good progress. Like I've really
come a long way. I can see the peak.
It's not that far. And if I get up
there, there's like a crazy Vegas buffet
and an orgy." And it's like, "Oh my god,
if I [ __ ] get there, this is going to
be the best."
Yeah. It's actually better than the
buffet and the orgy. You know what I
mean? It's like it's that moment where
you're like your fingers are freezing,
but you're going to make it. Like that's
the [ __ ] juice. And so, hey, enjoy
the food, enjoy the orgy. They're
incredible. But I promise as soon as
they're over, you're going to be like,
"Where is that next thing that I can get
my [ __ ] fingers freezing to death
again?"
It just is. That's the human condition.
And when people understand the game,
when you understand that I can never
take a drink so thirst-quenching that
I'll never need another drink again.
There's no meal so amazing that you'll
never be hungry again. There's no sex so
good that you'll never want sex again.
You just That's just the way the human
animal is wired. Like when people are at
peace with that, Yeah. Ah.
Like then now you've really got a shot
at loving your life, understanding the
cycles, and that you're going to keep
doing the climb, and so you better love
the climb.
Love the uh
the the moment before the moment.
That was I like I was I was thinking as
you were saying it, I was thinking back
to like the few of those moments that
I've had. Like the first time, you know,
you start running ads and like you start
getting your first leads. You're like,
"Holy [ __ ] it's working." Like it's
that, you know what I mean, that moment.
Or the first I remember uh when I got uh
I hired my first sales person and they
closed the sale and I wasn't there. So
it was the first person that had made me
money who wasn't me. Yeah. And I was
like I pulled over to the side of the
road and I teared up cuz I was like
it doesn't have to just be me anymore.
You know what I mean? And so like I've
I've just thinking about all these these
moments that I've had.
I remember when we were Leila and I were
sitting over the the kitchen counter and
we had just switched from
flying out a sales team in person to do
these turnarounds to switching the
licensing and
um
I got on the phone to tell the guys who
I was going to launch the next month
that we weren't going to do that
anymore. We're thinking about switching
directions. And so I said, "Hey, you
know what? I can't do it but I'll
I'll tell you how I do it but I'm not
flying out there anymore." And they're
like, "Oh, that's fine. How much?" And I
didn't want to do it so I picked a super
high number. And then
uh which was $6,000 at the time. And the
guy said yes and I was like, "Oh." And I
remember the moment being like, "Holy
[ __ ] What just happened?" And I had
seven more calls a day and like that day
I made like $60,000.
And I had just been
un- like the story I was talking Let's
go full circle. Like I'd just been
completely broke and like in that moment
like Jim Launch hadn't been created yet.
There was you know, all these other
things but in that moment I was like
"What if this keeps happening?"
Like are we out of it? Like did like did
we finally is this the one thing that's
finally going to get me out of like
failure after failure after failure
after failure? And so it's just like
what is the what is the event that gives
you the biggest predictor of the future
success?
So like there's micro wins of like hey
the funnel's working. I've got leads.
And then you have like a day of huge
sales. You're like, "What if this
happened every day?" And then maybe you
exit Quest. You're like, "What if I exit
five more times?" You know what I mean?
Like So anyways, I was just that was
really cool for me just even thinking
through like those those those snapshots
of moments.
Yeah, it's very incredible and you start
to learn like okay, what is it that I
really love? Yeah. And so for me when we
were at Quest and selling it and it was
huge and it changes your life and I mean
it was really banana and here's going
back to money. So Quest ended up being
two bites of the apple. There was like a
first bite where we took a small
investment, but the valuation was so big
it it was life-changing. That was the
the biggest like, "Oh my god" moment
because I went from uh my wife and I
share one car. It's a beat-up Ford Focus
with a leaky exhaust, borrowing rides
off my employees
who had nicer cars than me, the delayed
gratification and all of that.
Going from that to I now have a Beverly
Hills mansion, that was the crazy
moment. When I went from my starter
mansion to my big mansion, that wasn't
as cool. It wasn't as neat of a moment
even though it was actually a bigger
dollar amount change, it wasn't as like,
"Whoa, I really feel this change."
And then thankfully I learned actually
when I was still not really making
money. On paper I was worth $2 million,
but I learned very quickly A, the
money's not making me feel better about
myself which I secretly thought it
would.
And then also there's a big difference
between paper money and real money.
But I learned that lesson. So I never
tied my sense of self-worth to the money
or anything like that which is something
I constantly remind myself now not to
let my identity get tied up in that
because the world reflects that back to
me all the time. Right? So whether it's
um
"Oh, you sold a billion a company for a
billion dollars" or "Amazing house" or
even just "Oh my god, like what you've
built socially, it's incredible." It's
like I have to really disconnect from
that cuz I'm like all of that is
transient.
It's all transient. I've no idea if any
of it will be here tomorrow. So it's
like you have to be really thoughtful.
What is it you think about yourself when
you're by yourself?
What do you think about that? Like now
you've been on both sides of the coin.
You've changed your physique which is a
big thing, but you changed it so early
that I wonder how do you think about
yourself? What's your self-image?
What's it anchored to?
I don't know. It's a vast me.
It's a I don't know. I think it's um
unless I'm unless I'm misunderstanding
the question, but you know, for me it's
I think a lot of my definitions have
been defined by my actions.
And so I am the person who has done
these things and I will do things that
will get me closer to the things that I
want to achieve.
And so a lot of my definition of self
has always been based on evidence. And
so I think it was harder for me in the
beginning because I didn't have evidence
to support what I hoped to be true about
myself, which at the time wasn't.
And so if
did you hope to be true? That you could
figure it out or was it always a result
that you associated it to? I mean, it
was I want to make more money than my
dad. You know what I mean? That was That
was the thing, you know, for me and that
was That was all I needed, you know what
I mean? I didn't I didn't have There was
I remember thinking
uh
in college cuz I you know, you know,
you're young in college and it's like be
happy and all that stuff and I just
remember being like [ __ ] happiness. And
that was like a moment for me. I was
like [ __ ] happiness. I don't care about
happiness. I want to do this.
Um
Why didn't you care about happiness?
That's very counterintuitive even now,
super counterintuitive at that age.
Yeah. Um because I was obsessed with how
not happy I was. Mhm. And so in
But so the things you were doing that
weren't designed to make you happy,
that's what's weird. So I was I was so
obsessed with like positive psychology
and I was reading all this stuff and
watching these TED Talks. I remember the
whole I remember this whole period of my
life. Um and I was constantly assessing
my mood as a determination of whether I
was happy or not. And it became so
obsessive that I was just like [ __ ] all
of this. I was like I'm just going to do
[ __ ] And
that's all. I was like I'm just going to
do [ __ ] and hopefully it works out.
And Did you ever define what works out
means? If it isn't happiness
Be less unhappy, I would say was my my
thought process which which is like I'm
just going to do the things. And so I
shifted from a lot of introspection,
internal mood regulation and thinking
and stuff and I
think a lot of the reason that I have
the world views I have about, you know,
emotions and whatnot have come from this
kind of initial experience. So it's like
I had that and then I just started
working and then I found myself
actually looking up after, you know, a
decent period of time and like, you
know, I'm actually I haven't thought
about happiness in a long time.
And
I think I might be.
And so I also don't really like the word
happiness cuz it's circumstantial versus
joy, but like I experienced joy
significantly more now than I did then
when I was younger and I think it's
partially because like you can be
mournful and joyful
both at the same like So like if someone
imagine someone like
it's like an appreciation of the human
experience.
Like this is terrible, but like even
like
even in the suffering there's beauty in
that.
You know what I mean? Because it's
purely human. Yeah. And so I think it
was disconnecting
that that it matters to me as well, but
I've never had to articulate it. What
what is the connection to like the human
experience that is so
valuable that it's joyful even in
mourning?
I think it's just understanding both
sides of the coin. I feel so like so
like if there's few things that I
believe it is that is that like
I right now there you know, there's
things in my life that I don't like that
I wish were better and there are things
in my life that I really like and, you
know, 10 years ago it was the same way
and 10 years from now it'll be the same
way. And when I die there will be stuff
that I will not have accomplished that I
will wish I had. There will be things
that I wish I had done better that I
will not have done and there will be
things that I have done that I am proud
of. And so like those things are not
going to change and so if
the only thing I It's I mean this sounds
hopefully not overly trite, but it's
like all I can do is just enjoy the
game. And it took me a really long time
to get there. Like it took me a really
long time to get there. Or at least it
felt that way or at least it felt like I
suffered a lot on that process.
Which is why I have a heart for people
who are like, "Dude, I'm you know, I'm
super sad, I'm super depressed, whatever
it is." And it's cuz I judged myself so
much on not being happy all the time
because I thought there was something
wrong with the fact that I wasn't happy
that I drove myself insane not being
happy rather than just being like, "You
know what? Maybe I'm just going to do
the stuff and just [ __ ] happiness for a
minute." And so I think it's like when
we have these like happy? Am I not
happy? I think my my opinion is that you
you have to rise above it
so that you can just see you can feel
the spectrum which is just being
present. Cuz I think again, Alex's two
cents,
um haven't been around that long. Uh
if you are present, you can you're
present. Like most people aren't present
ever. And so it's like if I can just be
present even in my suffering, I'm there.
Right? Then I can experience joy for
being human and having this experience
that I only get once. And
the biggest frame shift that I've had in
terms of my experience of living has
been so it's it sound it sounds weird,
but it's
so we'll call it the grandfather frame,
which is I learned how to become
apathetic. Right? Like cuz that that
took that took me time to stop feeling
pain by
the brain tries to predict the next word
somebody's going to say? Apathetic was
not the word I was expecting. You had to
learn to be apathetic.
I cared so much about everything. Care
about what everyone thought, cared about
what I like like I cared about what
everyone thought. And I probably still
do, just less. You know what I mean? I
still do care, just less. Right. And so
the frame of the veteran taught me that,
which is if this negative thing were to
happen a thousand times over and over
and over again, how would I feel on the
thousandth time? Well, probably not that
bad. Well, why don't I just choose to
feel that way now? Right?
And so that really helped me a lot, just
the frame of the veteran. Right? Whether
it was traffic, whether it was a
breakup, whether it like whatever it
was, I could apply the like if I got
broken up with every single day for a
thousand straight days, Mhm.
how much would it bother me? Well,
I'd still be here, you know? Okay.
And then I was like, is there a way that
I can think of a frame that would allow
me to feel gratitude? Cuz it's something
that I've I've I've struggled to feel,
right? Like I definitely get the dry
feeling. Got that one done.
In spades, but gratitude not so much,
right? I've done the the habits and
things like that and for me it didn't
work.
I say it doesn't just for me. And so
I thought of this frame which was I call
the grandfather frame, but
waking up, if I went into a time
machine, I'm 85 years old, right? I'm
like close to dying, little creaky, you
know, I've got tons of money, not a lot
of time.
And I somehow sacrifice all the money I
have just to be my age again. So I wake
up in the morning and I'm my 85-year-old
self living through my 30-year-old body.
And thinking through that frame of how I
would wake up and be like, oh, my elbows
don't hurt. Oh, look, I have muscles. I
haven't had those in forever. Right? And
I look at I'm like, oh, Layla, she's so
young. I remember she used to look like
this. And I look outside and I'm like,
man, this is Vegas before they did all
the helicopters and the flying cars. I'm
like, look at it. God, it's changed so
much.
Right? Then you walk downstairs, you get
your like, man, coffee. Ah, look at
these mugs. Remember we had mugs? Isn't
that crazy? And so it's this weird frame
where it just drills you to it just pegs
you to the present.
And you get to experience the current
state from a future state
for the first time.
And so it's been one of the things
that's been really profound for me in
terms of like dealing with stressors,
with getting into like when I get into
these like I'm like, hold on.
I'm 85. I'm waking up. I'm like, all of
a sudden, I'm like,
I remember when I used to stress about
these business things. I was like, it
works out. It's fine. And if it doesn't,
who cares? I was like, I'm going to be
85 and I'm going to die and I'm going to
give all my money away. Who cares?
And so and I'm like, but isn't this cool
that I'm like, look at me all trying to
play the game, you know? I'm like, you
got it, bud. And so it's like it gets me
into this really interesting place where
I can feel like I can get above myself
in the game and just be like,
And I I I think for a lot of people if
they can
Those frames have served me very well.
And I hope that other people can use
those in some way in their life to do
stuff that they weren't otherwise going
to do. Um so anyways, that was the
That's my my two frames that have served
me well. Dude, frames of reference is
everything. This is actually what
started Impact Theory in the iteration
that it became.
So, I'm at Quest and I've got a thousand
employees who grew up hard in the inner
cities. But intelligence is evenly
distributed, right? So, just like you
have dumb friends in
an upper-middle-class neighborhood,
you're going to have dumb friends in the
inner city. But just like you have smart
friends, you're going to have smart
friends.
And so, there were plenty of people I
was like, "Damn, like you are smart."
Yeah. But your frame of reference is
stupid. Yeah. And the way that you view
the world is so ineffective, meaning it
doesn't move you towards your goals or
your goals are idiotic. Yeah. And and
and I mean that it If your goals lead
you to suffer and you don't want to be
suffering Yeah. I I would say it's very
plain your goals are idiotic. So,
anybody that that wants to write in the
the feed that, you know, "Oh, you can't
judge somebody by their goals." Yes, I
can. Very much so. Uh because you either
have goals and you're moving towards
them or you don't and you're not.
And so, I'm looking at it and I'm like,
"Wow, this is a mindset problem. This
isn't a an intelligence problem. You
have the ability to process raw data,
which is how I'll I'll say intelligence
is."
And they have that.
But the software that they use to
process that raw data leads to such a
bizarre frame of reference for how the
world works or what they're capable of
that their behaviors become ineffective.
Yeah.
So, I was like, "Okay, so the thing I'm
going to try to do is help people change
their frame of reference." Now, I use
two really potent frames of reference
for me. Mhm. One is very similar. So,
I'll use a um
a deathbed frame of reference to say,
"Okay, how will I think about this? Now,
I don't get trapped though because I
don't live for my deathbed. I think
that's a mistake and I think a lot of
people optimize for something they're
going to go through maybe it lasts a
week, maybe it lasts a year, but it it
isn't the bulk of your life. And so to
over optimize for that I think is a
mistake, but to get the perspective of
like, oh my god, I remember when I used
to stress about that like, come on, this
doesn't mean anything when you're facing
your mortality. So, that's super useful.
Um and then the other frame of reference
that I use is the brain in a vat. All
right. And so I'm like, imagine that
you're just a brain in a vat and that
this thing you're really stressing cuz
normally you're going to be worried
about something that that um happened or
you're obsessing about something that
happened and what makes you think about
or it could be the future, but either
case you can't change either of them.
Cuz one's not real and one's in the
past.
And I was like, what if this thing that
I'm really worried about that's already
happened that I can't change is really
just context for this brain in this, you
know, vat living in a simulation to just
to get you moving and that all these
memories that are trapping you, they are
fake.
And there's something about that that
lets me off the hook. I don't need to
beat myself up over it. It's just a
frame of reference, it's context to get
me moving. And then I remind myself I
actually am just a brain in a vat. It
just happens that the the vat is the
chemicals that, you know, my brain is
sitting in and the glass of that jar is
my skull and so all of this really is a
simulation even if it's it's an accurate
simulation, it's a simulation
nonetheless.
And I won't derail the whole
conversation on that, but like it's it's
very easy to recognize that the world
really is a simulation because reality
is a number of photons falling on an
object, but you perceive it as color or
whatever, not math. And so
putting myself in either of those like,
hey, this isn't really going to matter
at some point and oh, that thing that's
creating your sense of identity, it
could be made up anyway. I don't think
it is, but like it's very helpful to
remind myself that
those are malleable things.
That's been
I mean, when we started the
conversation, it was like, why do you
think people
aren't successful? Why do you think
people fail? And it's I think it comes
down to those things. It's like it's the
it's the fear of photons that fall on an
object that prevent people from starting
or when they do get hit one time,
extrapolate that out till their deathbed
and say, I will fail forever and
therefore I will not continue.
And so, I think that those like those
frames are the things like if there's
things that I would take with me until I
die, it would be the frames cuz like you
can lose it all and then you like if you
lost everything tomorrow, you'd be back
in 12 months. You know what I mean? Um
I feel like that's I remember when I
lost everything the
second time.
[laughter]
Um and I you know, I just lost all the
the gyms and all the money and
everything and I it was just like
thinking that that was the thing that I
had lost
rather than the thing that I had gained
that was non-material being the more the
more valuable of the two.
Um that was like one of my big lessons
and I feel like you obviously have far
more of those than I do, but that that
one stuck with me. It's interesting. I
have a a slightly different belief based
on all that or at least way that I look
at it, which is if I lost everything
tomorrow, I might not ever gain it back.
Mhm. It's entirely possible. Now, I
think I have a set of skills, I'm never
going to worry about money and all that,
but
I really life has taught me that I
cannot guarantee myself the success
because I failed multiple times at
businesses. So, it isn't like, oh, it's
guaranteed because I've had a success
before. It's guaranteed I'll never go
hungry barring head trauma, but it is,
you know, it's it's an unknown and
that's why I'm very careful not to let
that be my identity or like I don't know
if you've ever read Stephen King's book,
The Stand?
I haven't read that one. Oh my god. So,
there was this thing I'm so glad I read
this when I was a kid because so, one of
the main characters is a guy who's just
finally gotten famous as a singer. Yeah.
And this is back I read this probably
late '80s. So,
getting famous was like the most insane
thing you could do. Getting rich was far
easier than getting famous. And so, he
finally got famous. His song's
everywhere on the radio and then the end
of the world happens and nobody cares.
And I remember thinking, "Whoa. Like,
you could achieve that thing, the
impossible thing, and then the next day
it's just gone." And so, especially at
the moment we're living in now where
there's a lot of uncertainty, I'm just
like, "Don't tie your sense of worth or
uh the thoughts you think are um useful
because they have resulted in wealth.
The thoughts that I think are useful
because they have resulted in
fulfillment." That's the thing like I
really want people to anchor around.
Um but yes, I certainly take the point.
Transparently, I'm probably not there.
Like, I don't think I've like, I'm not
I don't think I
I don't think I'm as optimized on that
as like you are. I think you have more
of that than I do in terms of like
optimizing around fulfillment. Mhm. I
think I still definitely still have a
degree of my self-worth wrapped in
the things we do and the companies we
own and stuff like that. Like, I if all
of those
Cuz the thing is like, if in the magic
situation where that all vanished, it
would
there would be something that I had
probably done wrong. Now, there are
occasions, you know, where you own a gym
business in COVID
um where you're like, "Man, there's some
stuff that would it be reasonable for me
to have predicted this? Probably not.
Okay, I'm not going to beat myself up
over this one." But like, if barring a
true act of God situation and there were
just good old-fashioned I'm the only one
who loses everything and everyone else
doesn't, right? Um
I probably would be upset. Um I'd be
upset.
I'm not [laughter] a monk.
I just I remind myself to yeah. Yes,
totally.
You're like, "How do you judge yourself
when you're when you're naked in the
mirror at night?" I'm like, "Well,
uh on that day, I would feel
badly. You know, it's just not feel
good."
100%. But anyways, um
Dude, so I've got the final quote that I
want to share with people
that is my favorite quote from you, but
first I want you to tell people where
can they follow you?
Um
[sighs and gasps]
if you listen to podcasts, you can just
search my name, Alex Hormozi, and you'll
find The Game. Uh if you are on YouTube,
you can search my name and you'll find
my YouTube channel. If you're on TikTok,
Instagram,
they're all those places. Twitter,
actually I'm super active on Twitter. Um
you can find me there just by searching
my name. Amazing. All right, now I want
to give people a quote. Ah God, I love
this so much.
"Do not cast power to your excuses. Own
your circumstances because no one else
will."
So,
I think the difference between like rich
people and poor people, successful
people and not successful people is the
degree to which they attribute
or give power to their circumstance,
right? And so, the difference between a
self-made
billionaire who started with nothing and
someone who also started with nothing is
not the resources, obviously, cuz they
both started at zero. So, what else is
it? Is their resourcefulness, not the
resources.
And so,
um
if we give power to circumstance, then
we cast power outside of ourselves. If
we give power to other people, we cast
power outside of ourselves.
Um and so, it's you know, it's
controlling the controllable. Uh and
when I you know, when I say that quote,
a lot of that is is how that quote is
how I see selling.
It's people cast power to their
circumstances, and my job is to get them
to unfuck themselves around the power
that they have just cast to something
they cannot control. And so, if I can
just get them to own
even just own the fact they suck.
That's good enough because they actually
can own it and there is pride in that.
You can take pride in the fact that you
admit that there is a deficit, right?
But there is The only thing you can't
take pride in is casting and being a
victim. All right, like no one moves
forward. Even if you're right, it
doesn't serve you. Right? If you're born
with one you know, one less leg than you
should, you're right. You're not going
to be You have a disadvantage at being a
sprinter. Like you have a disadvantage.
But it doesn't serve you in any way to
admit it.
And so it's it's owning the fact that
like you are the only person who can
actually change anything about your life
because you may blame your
circumstances, but no one else will
care.
I love that.
Speaking of ways you can change your
circumstances, if you haven't already,
be sure to subscribe. And until next
time, my friends, be legendary. Take
care. Peace.
My default place is to do this. I think
you have to know yourself. I think if
your default is to not do those things,
then yeah, giving yourself a break and
being kinder and gentler is the absolute
worst thing that you could do to
yourself. In my case, man, it's been a
lifetime. I was never a child. I was
never a little boy. That 5-year-old I
was literally not a child.