Young Entrepreneur on How He Built A Multimillion-Dollar Business | Steven Bartlett on Impact Theory
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Steven Bartlett, a young entrepreneur who built Social Chain into a half-billion-dollar company before age 25, shares his journey from extreme poverty in Manchester to massive success on Impact Theory with Tom Bilyeu. Born in Botswana and raised by an illiterate mother until he was fifteen, Bartlett dropped out of school at sixteen because his entrepreneurial ventures were more profitable than academics allowed him time for. He subsequently left university after one lecture when peers slept through the class, defying threats from his mother to return only if he pursued traditional education. His early life was marked by severe insecurity and isolation; he lived in derelict houses with smashed windows, often hiding friends at other locations so they wouldn't see him living on food scraps or stealing pizzas. Despite these hardships, Bartlett maintained a firm belief that he would become a "happy sexy millionaire" before twenty-five, setting specific goals like owning a Range Rover and improving his physique to define happiness in material terms. Bartlett argues that while trauma often drives success by creating an insecurity that must be filled, the pursuit of external validation through wealth can lead to emptiness if one's intrinsic value is tied to societal comparison. He explains how he learned to reframe his narrative from feeling inadequate due to poverty and isolation to finding empowerment in radical independence at age ten when parents were absent. A pivotal moment occurred when Bartlett found a pile of coins totaling £13.40 while scavenging for food, an experience that brought him more euphoria than the later realization of Social Chain's $250 million valuation. This contrast taught him that happiness is not linear and that gratitude arises from recognizing how far one has come rather than dwelling on current status or comparing oneself to others' material possessions. He emphasizes that intrinsic value does not fluctuate based on external markers like clothing, hair, or the cars of neighbors, a realization he credits with freeing him from misery caused by societal lies about worth. Central to Bartlett's philosophy is the concept of consistency over intensity and the importance of compounding small decisions rather than seeking massive breakthroughs. He illustrates this through his Instagram growth, where it took 800 posts to gain 10,000 followers, but another 800 posts yielded 1.1 million due to consistent effort eventually triggering exponential returns. Using a metaphor of placing chips on a roulette table every day with limited time resources (24 hours), he advises viewers to place their "chips" only in areas that align with their intrinsic values and long-term goals, rejecting immediate comfort which acts as a short-term friend but long-term enemy. He also introduces his framework for quitting, distinguishing between leaving something because it is hard versus because it has become toxic or the rewards no longer justify the struggle; he left Social Chain not out of fear but because he lacked control due to dilution and board dynamics, realizing that moving forward required a new direction rather than staying stagnant. To optimize their future before age 25, Bartlett suggests young people should focus on filling five specific buckets: network, knowledge, skills, resources (money), and reputation. He stresses the importance of first-principles thinking to question whether traditional paths like university degrees offer value compared to gaining real-world experience directly related to one's goals. Furthermore, he advocates for seeking chaos in the form of challenges rather than stability, noting that periods of building something new often feel chaotic but provide true fulfillment and forward motion. Bartlett warns against getting trapped by labels such as "CEO" or specific identities imposed by society, urging individuals to define themselves by their actions and values instead. His book serves as an intervention for his generation, aiming to prevent them from making the same mistakes of chasing material mirages that lead to isolation and depression without true fulfillment. Ultimately, Bartlett's message is one of self-responsibility and the power of small, consistent actions compounded over years rather than intense bursts of effort. He encourages listeners to identify their intrinsic values—whether health, impact on others, or personal growth—and use them as a prism for decision-making when facing opportunities like biotech work or theatrical productions after leaving his previous venture. By understanding that stability can feel chaotic and vice versa, he promotes embracing challenges that align with one's purpose while avoiding the trap of complacency at success peaks. His story serves as proof that poverty does not preclude success but often provides a crucible for developing resilience, provided individuals learn to manage their self-narrative and avoid letting external comparisons dictate their sense of worth. Through this lens, Bartlett offers a roadmap for transforming life through daily discipline rather than waiting for dramatic shifts or lottery-like moments.
Read the full video transcript
Once upon a time, I thought intensity
was the answer. I thought, you know, big
intense strides forwards was the answer
to changing your life. And as I've as
I've managed to achieve more things in
my life, it's become patently obvious
that it's the tiny little seemingly
insignificant decisions that I've made
that have compounded in my favor over
the space of 5 or 10 years
and not any individual decision. And so,
I would implore people to to try and get
the tiny tiniest things in their life
right and see that as a as a compounding
a compounding tailwind.
Everybody, welcome to another episode of
Impact Theory. I am here with Steven
Bartlett. Steven, welcome to the show.
Thanks for having me, Tom. It's a real
pleasure. Dude, I'm excited for this
one. So, you are a crushingly successful
entrepreneur at a ridiculously young
age. You built Social Chain from nothing
to being valued at half a billion
dollars, I think.
So, pretty extraordinary. Extraordinary
at any age, but at your age, it's it's
really quite dizzying.
Given that context, I want to start with
a quote from your new book, Happy Sexy
Millionaire, and this really jumped out
at me. I love this.
You are not what happened to you. You
are how you choose to handle it.
Now, give people a little bit of
background. That's easy to say when you
are, you know, worth millions and
millions of dollars, but give people a
little background on where you started
and the context for that statement.
So, I was born in a village in Africa,
in Botswana, near this near South
Africa. And I came to the United Kingdom
when I was about 2 years old and I was
raised 5 days a week by my mother who
can't read or write still to this day.
So, even up until the age of about 15 or
16, I was trying to help her learn how
to read by using the Bible.
I went off to university when I I got
kicked out of school at 16, 17 years old
because I was way too preoccupied with
starting businesses. I was running the
vending machine deals that we had for
all of the vending machines in our
schools. I was running all of the events
for the sixth form, which was the the
top level year at school. So, school
trips, I was doing everything,
organizing the venues, doing collecting
the money,
coming up with the idea, marketing it.
And I got to the point where my
attendance in school was about 30%. And
then they decided that they would kick
me out to make a statement despite the
fact I was making the school a lot of
money. There was two expulsion attempts.
The first was rejected by the head of
the school. He took the expulsion letter
off me, ripped it up and said, "You're
my little Harry Potter. We keep you
under the stairs because you make the
school a lot of money." But then later,
near the end of school, they kicked me
out. And off I went to university to
study business, went to one lecture,
walked in, looked around. Everyone else
was sleeping on the tables and clearly
didn't didn't want to be there to study
business in the same way that I did. So,
I walked out, called my mom, told her I
was dropping out of university. She said
to me, "I'll never speak to you again
unless you go back to university."
And I decided that I was going to do it
anyway. So, I didn't speak to my mom for
From that point onwards for the for the
next two or three years.
I didn't have any money at this point.
And when I say any money, I mean I had
negative money. So, I I ended up moving
into these very derelict houses in this
place called Manchester in Moss Side.
And, you know, my lowest I was leaving
the house and rummaging through
takeaways looking for food that someone
had left. I was stealing pizzas from
corner shops.
It was a very dire time, but I was
I was completely convinced that I was
going to be
a happy sexy millionaire before the age
of 25, and that's what inspired the
title of the book. I wrote it in the
first page of my diary at 18 years old
after we dropping out. I had four goals
in life. They were to have a Range Rover
Sport before I was 25, to become a
millionaire, to work on my body image
cuz I was very very skinny, and to to
get a girlfriend. That's what I thought
happiness was. So, off I went at 18
years old.
And yeah, started a company, started
another company, and then we had a bit
of success. That That is yeah, putting
it mildly. So, one of the things in
there that I found really interesting is
that you were so embarrassed by your
house that had smashed up front windows,
a bunch of refrigerators in the
backyard, that you would actually have
your friends drop you off at a different
house,
and then you would walk home. And then,
if I'm not mistaken, you never had
anybody growing up over to your house.
So, that to me is
is very interesting given, obviously,
the trajectory of your life. So, I have
a
hypothesis that
you don't have to have a wound to be
successful, but it really helps. And
there is something about
Look, poverty breaks most of the people
that it touches. And so, I'm not a
champion of poverty by any stretch of
the imagination. But, I want people who
right now are struggling, who think
they're never going to make it, to
recognize the gigantic chasm that you
had to cross in order to become
successful. And in the book, you detail
at great length all the different pieces
that you had to pull together, sort of
beliefs, the way that you move through
the world. What were some of the key
things that
And I know you're not a You've said that
I've always just had the belief I was
going to be successful. So, we won't
waste time with that one. But, what was
it about the way that you had to learn
to move, whether it was first principles
thinking, or whether it was recognizing
that if it is to be, it is up to me?
Like, what What got you doing the right
things that allowed you to become
successful?
Yeah, I think I think you're you're
totally right there. There's a quote in
the book where I say the things that
invalidated you when you younger will be
the things you seek validation from when
you're older. And for me, not being able
to have people at my house, not being
able to celebrate birthdays and
Christmases, these they carved this
insecurity into me that as I get to 16,
17, 18 years old, I just want to fill.
And as you say, like a lot of successful
people, if you could deep dig into their
stories, you'll find this moment, this
trauma, this event that happened in
their early years. And of course, it's
then the thing that often makes them
successful, but that the reason they
become successful is because they're in
some way unusual, right? They might be
obsessive about money or power or
control, and that often also comes with
a unappreciated downside, which means
they might find it really hard to form
relationships, which I did. And they
might be a little bit too selfish. They
might be, you know, they might chase
after material things thinking it's
happiness, get there, it moves away like
a mirage, and they're left with a lack
of fulfillment. Um to answer your
question about what the things were in
me that made me move differently, one of
them was by the age of 10 years old, my
parents were never in the house. And
when I say all never, I mean like I
would wake up, they weren't there, and
when I went to bed, they weren't there.
So, at 10 years old, I have to fend for
myself. And you think think about the
pressures going on in my life at that
age. I'm a kid who is feeling like
really inadequate and insecure because I
have nothing, and my parents aren't
there. So, I'm looking around thinking,
how can I fill this void? So, I'm
thinking, I'm going to do a deal with
the local vending machine company to
stock our school with vending machines,
and we're going to get 20% of the
revenue, and I'm going to take a little
bit of the cut. And I'm going to
organize all of the events in my school.
And this was my way of like I had
independence, and I had an insecurity,
and when the two came together, I became
this young kid who just had no choice
but to take on the world um
on his own. And and the other bit that
you mentioned was about belief cuz I
think this is so incredibly important. I
One of the things I hate about like
typical cliche poxy Instagram advice is
people just say, "Just believe in
yourself." We all know that that's not
how belief works, right? Like I I used
example in the book, if I held your
dearest loved one at gunpoint and said,
"I'm going to kill them unless you
believe that I am Jesus Christ." You
could only lie to me because you can't
even if everything's on the line, you
can't make yourself believe something
that you don't have evidence to believe.
And so,
the way the way that my belief built was
in that phase where I had radical
independence at 10 years old, and I had
this huge insecurity, and it's like it's
like building muscle in the gym. You
just gradually build these small case
studies that compound on top of each
other that you know what? I didn't have
lunch money today, but I left the house,
I did this, I told this kid to buy a
ticket, and now I have lunch money. I
can influence my peers. That's an
interesting new piece of evidence I've
got about myself. And so it was those
three things. It was building the case
studies, it was this radical
independence, and it was which which,
you know, and this insecurity that led
me to
yeah, to being a young person who had
built a big company, yeah.
I I want to get to the case studies in a
second, but first I want to know why you
didn't get bitter. So, as, you know, the
child of a an African immigrant and a
British father in a town where, I think
you said, 1,500 kids at your school and
they were all white except you.
So, there's and then on top of that the
crushing poverty, the absence of the
parents. Like you had every reason to
get really pissed off. Um
why didn't you?
I got pissed off when I was I got I was
I felt very sorry for myself at the
time. And it's one of the things that I
feel tremendously guilty for now as an
adult because
if you look at my situ- So, I This is
the crazy thing that I I almost uncover
while I'm writing the book. If you look
at where I came from in Africa, the
village in Africa where I was born,
and the the standard of living there,
then you take that same baby and you
move him to a better environment where
he has this house and he has,
you know, public education and he has
these things, and he's miserable only
because the context changed. And this is
one of the things that I uncover as I'm
going through the book is it's actually
like much of our
much of how we deem the value of
something is based on the context we see
it in. And it's like when you go to a
restaurant, they've done these studies
and they show that if there's three
steaks on the menu, an expensive one, a
medium-price one, and a cheap one,
people go for the middle one. or the
same with my you know I talk about my
Nokia phone. I used to have this big
Nokia phone when I was younger, it was
amazing
until you put it in a world full of
iPhones, and then suddenly you feel
inferior. And and it was really the
contrast of you know, seeing my
neighbors that had nicer gardens and
nicer houses and they had Christmas
presents that was making me miserable.
And I've tried it as I've gotten older
to really free myself from allowing
contrast and comparison to be um to to
allow me to determine my intrinsic
value.
This was one of the real ultimate
revelations. I'd gone through life
believing this like societal lie that we
are intrinsically valued. Like Steven
Bartlett's value changes based on
what the people around me are wearing or
you know, how they look or how nice
their hair is. As if my intrinsic value,
like there's a number and it goes up and
down. And that was that lie was was
ultimately causing me a lot of my
misery. So, yeah.
All right, so
there there's obviously a lot in there
and I don't want to go too far afield
before we get back to these case studies
because I think that's so important. But
you talk about self-awareness. You have
a great quote. I don't remember the
exact quote off the top of my head, but
basically you're never going to progress
unless you can develop the
self-awareness. You're just not going to
learn the lessons. So, how like cuz the
quote that I started with, to me that's
the juice of your story, right? Is you
get to the point where you say, "Okay,
I can sort of reframe everything that's
happened to me in a way that disempowers
me or I can tell myself the the same
like the same events but in a different
sort of story context and now I'm
empowered and I'm moving forward." One,
when did you become aware of that? And
then how do you think about
self-narrative? Is it something that
you're shaping every day to make sure
what you choose to deal with the
situation you're in is always going to
move you to a better place?
Yeah, so one of the the
the decisions I think everyone has to
make
when they're trying to understand what
their true self narrative is or the
direction they should be moving in is
like what what actually intrinsically
matters to you and it's so difficult to
um to know these days what who you
actually are and what actually matters
to you, especially if you're growing up
in my generation where you have, you
know, all of these screens and all of
these social networks telling you that
being Tom Bilyeu, the entrepreneur, is
the thing to do, but also you need to be
traveling all the time and these
contrasting narratives and you kind of
lose yourself within that. And so by
stripping away
a lot of the
by understanding these forces that had
taken hold of me in my life like
insecurity and comparison, I was able to
get closer to like listening to that
voice within me that was like this is
who we are. Um and now I try and make my
decisions on that basis, which is a real
clear understanding of my intrinsic
values. I try and place my time against
those values. So, one of them is my
health at the moment. I went from being
a really skinny guy to being in the best
shape of my life because I started to
understand that one of my intrinsic
values was to live a happy, healthy
life. Um another point which I wanted to
touch on which is kind of connected is
it's very easy to get caught up in the
labels that you or society have given
you. And these labels can be black,
white, poor, dad, mom, social media CEO,
um
Impact Theory University host, right?
It's it's funny that we start to follow
the implicit instructions of those
labels. And at one point espe- when I
left Social Chain um in August,
it was so incredibly tempting to go and
play out that those labels of being a
social media CEO for the next 5-10 years
of my life. And I stopped again and I
said, "Is that who I am? Am I those
labels or am I something else?" And it
was that revelation for me that allowed
me to
resist my labels as I call it. And since
I left Social Chain, um the obvious move
is obviously just to start another the
or a social media business, I started a
theatrical production. I'm doing I'm
working at a multi-billion dollar
biotech company solving mental health
disorders. I'm DJing now and I've got a
big show coming up and I'm trying not to
be confined by my own self-narrative,
which I think will actually lead me to a
less fulfilling life if that makes
sense.
All right, so let's dive into the
self-narrative then. So, I would say
everyone is going to be confined by
their self-narrative, but you can tell
yourself whatever narrative you want.
So, your narrative could be I can DJ, I
can work for a biomedical company, I can
solve mental health crises,
um
or it can be man, I am my last success
and that's it and [ __ ] I better outdo
what I just did and
um
how how do you
work with that narrative? Is it
conscious? Are you journaling? Do you
write it down? Do you just you're you're
obviously highly verbal, so is it that
it's you're telling your friends and
sort of shaping it as you go? Like how
do you make sure that whatever narrative
you are telling is expansive enough to
not become the trap?
It's a it's a really good question. Um I
think my self-narrative is actually more
of a philosophy. It's it's a set of
principles that I make like a prism in
which I make my decisions through. So,
for example, if someone comes up to me
and says, "Um Steve, we've got this
cancer company in the biotech space. Do
you want to come and work there?" I
don't sort of use my my own
self-narrative as a way to decide
whether that's the right opportunity for
me or the right direction. I ask myself
I probably run myself mentally through a
certain set of principles, which is is
it challenging? For me, challenge is a
really important part of having that
sort of feeling of forward motion and
challenge my life keeps me stimulated. I
used to talk about in the book how I
used to think chaos was chaos and
stability was stability. Now I came to
learn and from studying like Michael
Phelps when he
accomplished all of his goals and
reached apparent stability, that in fact
stability is chaos and chaos is
stability. So, now I I prioritize chaos
in the form of challenge. I've heard you
explain this, so I know what you mean.
But, for somebody that doesn't
understand why you're saying that
stability is actually chaos,
why is that true?
So, um there was a day when I was 24
where someone came along and and offered
me, I think it was 14 million to buy my
company. And 18-year-old insecure Steve
Bartlett showed up that day in my head,
and he was like, "Let's get that
Lamborghini, right?" And I went home
that day and I'm sat in a small dark
room, and I go on AutoTrader, which is
the site where you buy cars, and I go on
Rightmove at the same time. And I'm
looking at this amazing car, this
amazing house, and there's this weird
sense of like emptiness growing inside
me that I'm about to trade my like
purpose for this piece of metal. And um
I had like a a mini existential crisis,
which was
18-year-old Steve Bartlett told us that
we came for this,
but 25-year-old Steve Bartlett looking
at it is thinking, "But then what? If it
was all about a Lamborghini, and this
was the mountain top or the finish line,
and I'm feeling totally unfulfilled by
looking at my completed goals,
um
then I must have it all wrong." And the
moment where I approached what I thought
stability was, it felt like chaos. It
was an existential crisis. And in fact,
the moments in my life where I've been
building something, striving, which you
would probably count as chaos, those
have been when I've been most stable.
And so, that's why I've made the sort of
distinction between the two, and I
swapped them now. So, I look for chaos.
I think it's a it's a non-negotiable in
any any in my sort of decision-making
prism. I look for um
a a challenge that I'll find
intrinsically fulfilling, um you know,
in line with my interests, or because
it's going to change the world in some
way. And that's probably the third
point, which I talk a lot about in the
book, is people who do careers that have
an impact on others, um have the most
fulfilling careers. It's no surprise
that clergy, you know, priests um um and
people like uh teachers report to having
the most fulfilling careers. You know,
they say that the the best way to lift
yourself up is by reaching down and
pulling some someone else up. And again,
that's proven to be incredibly true in
my life. Yeah.
No, that makes a lot of sense. I
actually I really resonated with that
flip of um
when you lose sight of where you're
trying to go, you no longer have that
clear objective, there's no purpose to
what you're doing, there's a sense of
being unmoored. Like you're just you're
adrift, and that feeling is deeply
uncomfortable. One of the most
interesting stories in your book, dude,
this is so true.
And I want people to know how true this
is. That when you were scrounging in the
restaurant cushions, like the seats, and
you found your 13 pound 40,
and you said you were more excited in
that moment than when you realized that
you were worth tens of millions of
dollars.
Yeah. Tell people that moment and what
you realized then.
So So one of the days when I was
exceptionally poor, and I'd gone into
this this chicken shop looking for um
some food that someone had left. And I
remember sitting on the backs of this
chair, and I just I dropped some of like
20 p down the back of this chair. I put
my hands down there, it's filthy, and I
reached down, and I find this this this
big coin, and I pull out it's a pound
coin. And I'm like, "Oh my god." And I'm
there for like 10 minutes going down.
And I'm my hands are full of money,
although they're filthy. And I went
around all of the chairs in this little
chicken shop, and and managed to find
about 13 pounds and 40 p, yeah. And um I
was that day I was it was just like I'd
won the lottery. It was like euphoria.
And I thought I can eat for probably for
the next 2 weeks now with this money.
And then contrasting that to the day
when I'm sat in my hotel room in
Manchester, and I get the news that
Social Chain's now listed on the stock
market, and I can see it um I can see
the ticker symbol, and I I can see the
valuation at the time was like 250
million dollars, and I felt
um to- I I say numb, but it's less than
numb. It's like a negative version of
numb. Like totally anti-climatical.
Um and the the
the confusion that comes about when you
don't feel the way you expected to feel
in those moments can be quite
confounding and I I called my business
partner Dom and I said, you know, he's
my age and we did this all together. I
said, you know, I hoping that he would
give me the energy and the the
positivity that I was seeking and I
called him and he was worse than me. He
was more down than I was. And I again it
doesn't make sense. It doesn't make
sense because 18-year-old Steve told me
he made me a promise that when we become
a sexy millionaire then we we get
everything. We get the marching band,
the confetti. We get, you know, I don't
know, something goes up. I don't know.
So and it didn't happen and and I I felt
really down that day because of the
anti-climax. wasn't until I left the the
hotel room and I thought I'll walk to
work today, which I never did. I put my
music on.
I'm walking down the streets and the
Money Trees by Kendrick Lamar comes on
and it was the song I used to listen to
when I lived in the gun crime part of
the city and I was doing a 2-hour walk
at night time to go work in a call
center and it was the song I used to
dream about being here today um while I
was listening to. And I was looking
around the streets and suddenly all of
the memories of that time when I was 19
and I was struggling came back to me.
That was the apartment block I used to
fantasize about living in. That was the
car dealership that I I used to say to
myself, "One day we'll get one of
those." And tears just come down my face
again it was a moment of real deep
gratitude that was brought about because
of contrast. I got to walk in
19-year-old Steve's shoes that day on
the way to work listening to the music
he used to listen to
walking past the the the shops that used
to create his dreams and I was just
overcome with gratitude. And I couldn't
have been happier and so I called Dom
back, my business partner, and took him
through that journey with me too and I
said I basically took a trip down memory
lane with him and he felt the same way.
And I that day I learned a lot about the
concept of gratitude and and also one
actually one of the downsides of living
in forward motion is you never get it's
so gradual the climb. It's one step at a
time. So there's it's hard to find a
moment where you go, "Oh my god, we've
done a thousand steps." Because
yesterday was just one more step than
today. So there isn't that big moment.
Um and and your brain doesn't especially
when you're an entrepreneur that's
always a little bit paranoid and and and
slightly scared of being complacent.
There isn't a moment where you stop and
say, "Well, oh my god, look at what
we've done." It just doesn't happen. So
yeah, that's what you know.
But I learned a lot that day. And I
since then to be honest, I've since
about 25 26 years old, I've had a bit of
a sort of an existential journey trying
to figure out what life was all about.
You're you're very good at synthesizing
insights, which is incredibly powerful.
And now one of those things I'm hoping
you can articulate for people is how
when you feel like a loser, when you
have nothing going for you, how do you
begin to build those case studies so
that you can begin to believe that the
things that you're you know, dreaming
about can actually be possible for you.
You know what? I'm looking around on
this topic so much at the moment because
I'm trying to understand the amount of
sort of self-responsibility
and personal discipline is required to
start this journey. I've got this friend
back home who was been was my best
friend for my whole childhood up until
the age of 16. Same street, same school,
hung around with each other every day.
I've gone on to where I've gone on to.
He is still living there.
He is marginally suicidal. He is on
government support. And we've gone in
two completely different directions. And
I've always tried to understand, you
know, just by all the help and effort
that I've tried to give him. I've
offered to pay for his accommodation.
I've offered to help him get a job.
Nothing I've been able to do has been
able to move him. Whereas we can all
think of people in our lives that just
required a little bit of support and
they they went and they transformed
themselves. And I And so I reflect and I
say, "Okay, so how would you go if you
if you ask someone who is down and out,
how do you go about making those steps
for You know,
part of the issue when we're thinking
about making radical change in our lives
is we see it as
being stood at the foot of like Mount
Everest, a huge mountain. We want to
chain completely change our life. But,
as is the case in my life and probably
yours, for me it starts with like first
picking up the smallest pebble, whatever
that is. And I've seen this time and
time again with my podcast guests as
well, who were down and out. My last
guest on the podcast was this a guy that
was suicidal, had just left his house to
go and kill himself. He couldn't bring
himself to do it, comes home, and he
watches a YouTube video, just an advert
that popped up, and it showed him these
military commandos, and that just gave
him a sense of something. It gave him a
sense of fire here. So, that day he put
on his shorts, and he said, "You know,
what I'm going to I'm going to do today
is going to put on my shorts, and I'm
just going to go for a run." And it was
that run, which ultimately led to
another run and another run, and it
changed his life. He became an elite
military commando. He's now like a
mindset coach, and he's now, you know,
absolutely dominating the world.
Sometimes it requires a spark, and that
spark um for me, or for for a lot of
people, is understanding that
there is something worth taking the
first step for. And for me, in terms of
like the practical way you start to
build those case studies, it literally
is It can be the smallest thing. It can
be deciding the name of the business.
You It can be getting out of bed at 7:00
p.m. 7:00 a.m. that day. It can be the
smallest thing. And when you start to
look at it like small, tiny decisions
compounding in your favor versus having
to climb Everest, I think then it
becomes a little bit more mentally
achievable than a than a lot of sort of
Instagram hustle porn stars might want
to make you believe.
And I think yeah, that's that's
I could Once upon a time I thought
intensity was the answer. I thought, you
know,
big strides for big intense strides
forwards was the answer to changing your
life. And as I've as I've managed to
achieve more things in my life, it's
become patently obvious that it's the
tiny little seemingly insignificant
decisions that I've made that have
compounded in my favor over the space of
5 or 10 years
and not any individual decision. And so
yeah, I would implore people to to try
and get the tiny tiniest things in their
life right and see that as a
compounding tailwind. All right. So,
uh you said that every every self-help
book ever written should be titled be
consistent for a really long time.
Yeah.
And I thought that was so on the money.
Why is that um
how more importantly how
does one know what to be consistent on
in order to have the the big impact?
I I tend to actually believe that you
don't have a huge amount of choice. Now,
that sounds like a crazy thing to say,
but I think life has a really remarkable
way of making you inconsistent at things
that you absolutely intrinsically
absolutely hate doing. Um the Do you Do
you see what I mean? Like the things
that I've become most successful at, I
got some type of like intrinsic payoff
from. Just like a little token one token
a day and that was one of the the most
important factors that allowed me to be
consistent.
The thought of having to be consistent
at something that you intrinsic
intrinsically hate doing that offers
return,
I find
like I just I don't think that's
possible. It's why I dropped out of
university. It's why I couldn't pay
attention in school.
Why is consistency so important? I just
think I just think it's everything. I
think if you understand the laws of
compounding returns
and you've read the book The Slight Edge
by
I'm going to say Jeff Olson, you'll
probably know you've read every book
ever.
You'll You'll understand again as I
said, like it's the small, seemingly
insignificant things that are
compounding for or against us in every
aspect of our life, whether we know it
or not. The old analogy of, you know, if
I eat a cookie today, I won't be fat. If
I eat a cookie tomorrow, I won't be fat.
If I eat a cookie every single day for
the next 5 years, I will be fat. And you
look at, you know, the way that great
things happen, the Grand Canyon. I think
I talk about in the book, if you got 100
million gallons of water and dropped it
on a mountain, there would be no impact.
It wouldn't change shape. But if you get
a trickle of water and you trickle it
through the mountain for 10 years, you
will have a Grand Canyon. Like that's
that's how you move huge objects and
achieve great things. It's that showing
up every single day and
what the other way that I learned it and
and specifically how when you focus on
consistency, things go really slow and
then fast was my Instagram following. Um
it took me 800 posts to get 10,000
followers. In my next 800 posts, I got
1.1 million additional followers. In
fact, my I got 10 I got 300,000
followers in my in 10 posts.
Wow.
Yeah, so I when when the whole carousel
thing blew up, I got 300,000 followers
by just doing 10 carousels. And I
thought to myself, you know, I've been
doing this Instagram thing for 8 years.
And I and if you looked at the graph of
how my Instagram has gone, it's exactly
like every compounding interest graph
ever. If you look at my health, if you
look at my brushing my teeth, if you
look at anything in my business, it's
exactly the same.
And that just requires consistency. And
I think it's so liberating to say that
because again, people think that
performing radical change in your life
is some like, you know, Pythagoras
quantum physics equation that they've
got to solve to move this mountain, but
it's not. It's the one thing you can
control is your time. You can see it as
I get 24 chips every single day. I'm We
in front of this roulette table. My job
is to place as many of these chips on
things that are in line with my values
because then at the end of the day the
roulette wheel spins and you see what
returns you made. And so every single
day I just think about my 24 chips and
where I'm going to place them today. And
are those decisions in line with my
values? Um
And that's uh that's how I if I I want
to want to try and simplify my thinking
to that level it become it feels really
achievable and manageable. You know,
when I think about trying to change my
life it's daunting and terrifying but
placing my 24 chips better every single
day, 16 by the time I've woken up,
it feels like something that I can
achieve, you know? So
All right. So how do you pick where you
put the chips?
I do you know I ask there's two
questions I ask myself. The The first
question is um
the person I want to be, how would they
place their chips? Another way of asking
that is like, you know, how would the
person I want to be use their time? And
I find that as a real a really useful
distilling question to ask myself
because sometimes you don't know what
the right thing to do but you know the
person you want to be. You know I feel
like we all have an idea of how they
behave. And so I can ask myself even
when I'm about to consume, you know,
like a big McDonald's burger, would the
person I want to be make this decision?
And for some reason that feels like an
easier question to answer than is it
right right now because
our present self, as as we all know,
um tends to lean towards seeking comfort
and tends and likes to avoid discomfort
whether psychological or physical. I
think I I wrote on Twitter the other day
um
comfort is like a short is is is a
I can't remember my bloody quote now.
Com-
Basically like comfort is a short-term
friend but a long-term enemy. Like so in
the in the moment I'm continually not
making maybe the best decisions but um
yeah, in the long term that comfort will
will stab me in the back whether that's
my health, my fitness, or my my
intrinsic joy.
So that's really the most important
question I ask myself when I'm thinking
about placing my chips. And then it's
just a case of what are my values?
That's the other question. So, am am I
clear on my values? Do I want to be, as
you'd say, a better husband? Or do I
want to be a better uncle to my niece?
Do I want to have a greater impact on
the world of mental health or change the
education system? Is my book important
to me? Is that more important to me to
me than watching Netflix for 4 hours?
And that again is a really useful prism,
which is my my clear intrinsic values of
knowing where to place my chips. It
sounds like nonsense. It's actually
really simple. And I think that's as I
say is liberating. Totally agree that
you are liberated once you know sort of
what the rubric is by which you're going
to evaluate an opportunity. Like you
have that filter.
It's very powerful. In the book, you
actually include one of your
decision-making rubrics around quitting.
And you said something that I found very
um useful. It is a very unique frame,
which is quitting is a skill.
So, you recently left Social Chain,
which had to Anybody else would look at
that and say that is a staggeringly
large decision. Most people would be
trapped, they'd never leave. And in the
book, you just say, "Here's my matrix."
It essentially forces a decision. Walk
people through how to think about
quitting.
Yeah, so starts with like the question,
"Are you thinking of of quitting?" If
the answer is No, obviously you're in
the wrong framework. If the answer is
Yes, it asks you why you're thinking
about quitting.
Um
Are you thinking about quitting because
it's hard? Are you thinking about
quitting because it sucks? And what I
mean by sucks, as I define it, is like
um it's like toxic for your mental
health, fulfillment, intrinsic values,
right? So, it sucks. Define that however
you will. If I'm thinking of quitting
because it's hard,
right, which is the other side of the
framework, I'll then say, "Okay, well,
are the rewards on offer
um
do they justify how hard this challenge
is, right? The potential rewards on
offer." And if the answer is Yes, then
I'll carry on because I don't think we
should quit things um purely because
they're hard especially if the rewards
on offer are equivalent to the challenge
and in fact as you'll know and as
everyone I think will know my hardest
moments in life have been my most
valuable. So moving to the other side of
the spectrum if well if if it if the
answer is no there and the rewards on
offer aren't worth how hard it is then
I'll quit. So if I'm struggling but at
the end of that struggle is $1 bill then
again this is this is probably a
pointless effort. Moving to the other
side of the framework so it sucks. The
first question if it sucks whatever
you're doing in your life a relationship
a job whatever ask yourself if
if you believe you can make it not suck
right? If you believe there's something
you can do to make that situation not
suck and then if you say yes you got to
ask yourself are the rewards on offer
worth the effort it will take to make it
not suck and that could be
a toxic boss at work you know whatever
and you think well do you know I
actually it would take so much effort
maybe to the point of impossibility to
get that person out of my life or to
remove that barrier that it's not worth
it anymore. And then going down that
side of the framework as well.
So if if it sucks and you believe you
can change it and it's worth changing
then again you stick at it. And that in
simple is my quitting framework. It
really it's quite simplified and
everything has tremendous nuance and
we've all got bills to pay so things
aren't always that simple but that's
kind of the prism and that's why I've
been at total peace at times when other
people have thought my quitting
decisions were courageous or dumb or
terrifying. It just doesn't seem to be a
decision to me and that's where I got to
with social chain where um
it sucked and the rewards on offer
weren't worth it weren't worth how much
it sucked anymore and I didn't think I
could change it so I was I was gone.
And what changed fundamentally was it
something in the business or was it
something in you?
When you start a company at 21 years old
and you dilute yourself tremendously
Um, you also lose a lot of control and
um
as you'll read about in the book again,
but also as most sort of psychologists
have determined when they're trying to
understand why people love their work,
control is a huge, huge part of
motivation. Feeling like you have
autonomy, what we call
self-determination of your work, is
tremendous. And I diluted myself, but
then there was, you know, eight boards
of direct, you know, eight people on the
board of directors who were double my
age, living in another country, all
living in the same country. And I just
felt like I didn't have the control I
needed anymore to take this company in
the direction I wanted to. So, for me,
the decision was to to step out of that
and it's I almost see it like you reach
a ceiling and you've got to like turn
right to carry on going up.
And that was my decision. It was
this has given me everything it can and
now I move on. And we, you know, I take
with me the thing that got me here. So,
nothing lost.
All right. So, obviously, I'm pretty
sure I know what it is, uh, but what is
the thing that got you here that you're
taking with you?
Uh, it's a perspective on the world, I
think. Um, it's a the way that I see the
world and how and that first principle
thinking, which you alluded to at the
start of the conversation, being able to
look at a situation and um
hold it out in front of you and question
it if this is still the correct answer
to the problems that we have ahead of
us. So, you know, if you look at my
decision to drop out of university, I
was a business student that sat in the
room, looked around and thought, "I'm
going to get the same piece of paper as
her and she's drunk and asleep and she
definitely doesn't want to be here. So,
is this a piece of paper of value, this
degree? Probably And if I'm going to be
an entrepreneur, this is all first
principle thinking. If I'm going to be
an entrepreneur and run my business, who
am I going to show this piece of paper
to you anyway? What am I actually going
to need to become the entrepreneur? I'm
probably going to need experience."
And I'm not I'm sat here listening to
this guy who's never run a business
before trying
to tell me to think he was trying to he
was trying to tell us to make posters
with like felt-tip pens and stuff. Like
this is all not So like first principle
thinking and and then you're you're
spending huge sums of money to indebt
yourself for this worthless piece of
paper. First principles, very simple
first principles, will tell you that
this is a very bad idea. So that's first
principle thinking.
Um
self-belief, you can't take that from
me. In fact, it only compounds in one
direction, really.
Um I guess it could if a massive failure
might shake that, but my self-belief um
And now, you know, there's five buckets
that I've spent the last And then this
is a really a point for young people
that are listening to this. If they're
thinking, you know, before the age of
30, what should I be doing? I kind of
see
there's five buckets that we all should
be doing everything we can to fill. The
first is like your network, right? So
it's like who you know, the contacts you
have, which proves to be incredibly
valuable. The second is your knowledge,
which is what you know, your like
knowledge and skills. Um I'll say your
knowledge and then I'll say the third
one is actually your skills. So
knowledge and skills. Knowledge for me
is the information I have. The skills
kind of relate to my ability to
apply that those skills, public
speaking, sales, that kind of thing.
The The fourth is your resources, so
money, thing you know, money you have at
your disposal. And the fifth is your
reputation,
right? Which is again proves to be
incredibly valuable. A lot of people
call it personal brand now, but your
reputation is, you know, it shows up
when you when you you need it to most.
So when I'm think when I when I when I I
say to young people a lot of the time,
I'm like, if you're
below the age of 25 and you're trying to
optimize your future, remember you're
pouring into those five buckets at all
times. And to put yourselves in
positions, whether that's taking a a
shitty sales job working on the phones,
where you can, you know, optimize and
increase those those five buckets.
And yeah, those are the five things I
took with me as well. My reputation, my
skills, my knowledge, my network, and my
resources. That is a way better answer
with far more detail than I was
expecting, my friend. That is very
impressive.
Tell me, what do you want people to get
out of your book?
I I see it as kind of like an
intervention, right? So, I I
I represent a certain generation, the
connected generation, that were
connected to the internet from, you
know,
from my very early adolescence. And
we've all gone through a very similar
experience. Um
I think my experience is probably
slightly exacerbated in some areas
because I grew up with social media. And
with just this, you know, it's almost
like
I grew up in a much bigger room where I
could see much more people and compare
and contrast myself to them. And these
forces, including some of the the more
specific personal forces about being a
black kid in an all-white school, the
only kid with curly hair, being, uh, you
know, a broke kid in a middle-class
area. All of these forces exacerbated it
for me, but I think the principles are
fundamentally the same for for the vast
majority of our generation. In fact, the
the data says it is. If you look at
um cosmetic surgery and and the way that
our generation in particular are going
under the knife to change their body
more so than anything now because of the
like the Kardashians of the world and
things like that. I know that my like I
know that the majority of my generation
are going in, um, a certain direction.
And I also think we've not yet seen the
true extent of the results of this
experiment we've done where we decided
to give everybody this piece of glass in
their hand where they could see a bunch
of fake things and they would be
reinforced, um,
psychologically with likes and followers
based on how they behaved and would say
that was good, that was bad, that would
don't do that again, or look, she's
really good, you know. And we we had
like superficiality and materialism
ground into our character. I don't think
we've yet seen the the the results of
this experiment. Um, so before we see
the results of this this experiment
fully transpire in our mental health, in
our happiness, as we're seeing now with
this like mental to epidemic,
I think I have a chance as someone who's
like climbed up the ladder that I that
18-year-old Steve wanted to get up to to
like look back down and shout, "No, no,
no, no, no, no, no, no. Don't come up
this [ __ ] ladder."
Do you know what I mean? And I don't but
I hate the cliché of like, "Oh, money
doesn't buy you happiness." Like I'm not
giving up my [ __ ] money. Do you know
what I mean? I don't know about you, but
I prefer it having money and it's a good
thing. But um
but I was just wrong about everything
and I I I I you know, my publisher asked
me for years to write a book and I was
like, "I've got nothing to say." And
then it was it was the day where I
looked back at my diary from 18 years
old and in the front page it says like,
"Before I'm 25, I want to be a happy
sexy millionaire." And it lists it. But
I thought,
"How am I encouraging more 18-year-old
Steve Bartletts right now to follow in
that same path?" And and um
and what can I do? What what would I
want to write for 18-year-old Steve who
was insecure, who was growing up in this
connected world, who was chasing
pleasure thinking it was happiness as it
moved off into the distance every time I
thought I grabbed it like a rainbow or a
mirage. Um and that was that was it. I
thought, you know, I I have a chance for
my generation to write a bit of an
intervention. And hopefully, and I'm not
even sure if it's possible if I'm honest
with you,
to get them to realize something about
the true nature of like fulfillment,
about love, and about success without
them having to make the same mistakes
that I did because I've got a friend and
I've got many friends who have become
wildly successful and still haven't
figured it out. So you know, and and
then
and then some people will spend their
whole lives chasing it, the thing that I
managed to get, um never get it,
but get everything get all of the
adverse consequences of the chase, which
is like shitty mental health, isolation,
loneliness, um
depression, anxiety. And so this was my
intervention and that's what it says
across the back of the book. It says,
"This is my intervention for a
generation that I think are have more
information than ever before but are
seemingly less informed." And
and uh yeah, and that was
that was it.
Well, I think you nailed it, man.
Book is great, very well done. Thank
you.
Where can people connect with you?
Anyway, my anyway, to be honest, you
know, it's just social media, I guess.
You just have to get the Instagram. My
name's Stephen on Instagram. Um yeah,
that's probably the best place to find
me.
Um and you can get the book on Amazon,
you know, if you're in America or
anywhere else, yeah.
Perfect.
Thank you, James.
By the way, honestly, you're such a uh
an inspiration, and I really, really
respect your values. They really come
through in everything you do. More so
than and I've met a lot of people in
this game, a lot of people on Instagram,
a lot of people that are producing
content. There are almost none with the
level of like authentic values that you
have. And I've met you in person, I've
met you online, and I've met you now
again, and it really stands out, and you
can really tell when someone is real.
You know what I mean? And you are one of
those very, very, I'll be honest, rare,
real people. So, thank you for that, cuz
you've helped guide me in a way that
I've known is without agenda, if you
know what I mean. So,
Wow. Thank you, man.
You're welcome. No, I really appreciate
that. That means a lot. Uh and it comes
from a place of having been a total mess
and figuring it out along the way and
realizing I actually get anxious when I
try to be cool. So, if I didn't, I would
be a poser like everybody else, but
sadly, uh I get way too anxious, so. But
thank you, man. Now, I really appreciate
that. And uh to everybody watching,
guys, trust me, this dude like one
you're going to want to listen to the
interviews that he's done is
extraordinary. He has his own podcast,
which is also fantastic. And the book is
amazing. It will change your life if you
let it, and that is the highest praise
that I can pay it. Speaking of things
that will change your life if you let
it, if you haven't already, be sure to
subscribe, and until next time, my
friends, be legendary. Take care.
The hardest thing to do is to is to
enable people to see themselves as they
are.
Not as they hoped they were.
Not as they've been taught they are, but
as they actually are.
It's the single hardest thing to do and
I'll tell you why.
Because we're all embedded in this
construct of a thing called identity.