TRANSCRIPCIÓN 🔗
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In general, I think that excellent leadership is being selfless.
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To have the perspective to see what's long-term best for
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the people that you're serving and then ensuring that it happens.
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A narcissist is the opposite of a leader. I think
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good leadership is selfless. Forgetting yourself and doing what's best
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for others.
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Are you curious about taking a more proactive approach to
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your leadership development? Have you thought about the people you
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are surrounding yourself with as you strive to get better?
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If so... The new Learning Leader Academy may be for you.
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It's been designed to not only provide you with online
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training videos. In fact, I filmed 30 of them sitting
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side by side with the greatest mentor of my life,
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my dad. But the Learning Leader Academy also gives you
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the opportunity to interact with an active community of leaders
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with growth-oriented mindsets. If this sounds like something that you
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would like to do, check out more details at ryanhawk.me.
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That's ryanhawk.me for the Learning Leader Academy. Welcome to the
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Learning Leader Show presented by Brixie and Meyer. I am
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Ryan Hawk. Thank you so much for being here. Text
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Learners to 44222. In order to join tens of thousands
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of learning leaders from all over the world, receive Mindful
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Monday updates, what I'm reading, writing, watching, thinking about. Also
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give you more details about my book, Welcome to Management.
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Text LEARNERS to 44222. Now on to tonight's featured leader.
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Derek Sivers, he started CD Baby and sold it in
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2008 for $ 22 million, donating all of it to a
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charitable cause. He's a self-described monomaniac, introvert, slow thinker, and
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he loves finding a different point of view. Also a
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best-selling author of multiple books, including... Anything you want. It's
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40 lessons for a new kind of entrepreneur. A few
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of the topics we discussed. Why you should not share
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your goals with anyone but yourself.
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Load full transcript
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Hmm.
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And then a unique process to help you make better decisions.
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Derek shared some interesting stories around that. And then the
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power behind a daily journal and why you should do
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this right now. Ladies and gentlemen, this one is quite
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a bit different, but very interesting. It's Derek Sivers. Welcome,
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Derek Sivers. It's great to have you here on the
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Learning Leader Show, man. I've been following your work for
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many years and I'm a big fan, so it's great
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to talk with you, man.
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Thanks, Ryan. I like your show. That's why I'm here.
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So thanks for having me.
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I remember listening. I don't remember which show actually it
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was on, but I thought, who is this guy with
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the soothing voice? But I was taking so many notes
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on my phone. I was pausing in the notes of
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my phone thinking, and I have to admit, I had
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not heard of you prior. It might have been Tim's show.
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I don't know. But I had not heard of you
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prior to that. And I just thought, this is maybe
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one of my favorite podcasts I've ever listened to. And
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I thought I have to talk to this guy at
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some point, but I believe that was four or five
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years ago. So it's great to finally be here, man. Yeah.
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I haven't done any podcast interviews in four or five
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years until now. So yeah, thank you. I don't, I
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don't try to be soothing.
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Well, you just, you just are. So I appreciate being here, man.
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I'm curious because we're both dads and I want to
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start this one a little bit different. And being a dad,
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I vividly remember, you know, you got first child being
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born and And it's almost like I don't even remember
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life before that because of how different it is and
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how I feel personally. And I'm curious from your perspective, Derek,
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I believe you became a dad, what, seven or eight
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years ago? Is that correct? And I've read a lot
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about how you parent and we
can maybe get into
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some of that. But I'm curious from you, how did
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becoming a dad change your views on the world?
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That change that I hear other dads talk about is,
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I had most of that happen to me when I
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started CD Baby. So, yeah, I was 29 years old
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when I started this company. But up until that point,
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everything I did in life was me, me, me, me, me.
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Like I was a musician. I was up there promoting
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my music and I was on stage singing my music
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into the microphone and everything in my life was me, me, me.
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I had been around the world. I had performed a
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thousand shows. I had recorded multiple albums. I had been
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on the radio and I even bought a house with
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the money I made making music. So when I started
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CD Baby, I started caring about my musician clients more
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than I cared about myself. That's why I listed like
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all the things I did. It's because I had already
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had my day in the spotlight, right? So now I
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wanted them to have the spotlight, not me. And I
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wanted them to get rich, not me. And then I
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had employees. Like I had 85 employees whose lives were
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somewhat dependent on me. And it was up to me
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to take care of them and pay them well and
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make sure they were happy and healthy and growing. And
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so when friends told me how having a kid changed
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their life, I think that I went through some of
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that already with starting my company. That's when life became
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not about me. So then 10 years later, when I
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had a real baby, I think the major change of
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view was not that. It was more like I learned
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how to be fully present with him. that I'm usually very,
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very future-focused. My head is always in my work and
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on my future plans and towards the vision of the
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future that I'm building. But to be with my kid,
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I have to shut that all down, mentally and physically,
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and just be 100% engaged in his world and his play.
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So I think the common... leadership lesson between those two
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things is to be selfless. That I think the surprise
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is that the leader follows the lead.
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You also have written a lot about the fact that,
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and all parents can relate to this, where you'll go
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to the park or you'll take your kids somewhere in
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nature or even playing outside. I was doing this recently
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with my daughter on the trampoline. And after 30 minutes
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or 40 minutes, I'm just exhausted. I'm tired. And you've
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written about the fact that sometimes you guys will play
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outside for five hours exploring. And partially, and I'm curious
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of one, how you have built up the energy. And two,
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you're never the parent it sounds like that says, come on, son,
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we're going to go home. You want to let him
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explore until he's finished exploring. And I'm curious your mindset
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towards that. promoting and nurturing that exploration in your child? Sure.
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Well, for one, it really helped that I raised him
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in New Zealand, right? Like we just moved to England
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a year ago, but the first seven years of his
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life were in gorgeous, breathtaking New Zealand. So if I'm
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somewhere stunning and like, OMFG gorgeous, and my kid is
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sitting there playing with a stick, well, yeah, I could
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just hang out there and just look at the world
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for five hours. I found that when we are trapped
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inside on a rainy day, it's hard to sit on
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the living room carpet for five hours. So it's not
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like I have this master Zen patience. It's just, it
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really helped that I would usually take us somewhere gorgeous
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to go play. So that helps. But I did notice
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that adults are always looking for big, amazing superlatives, right?
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I would say like, let me take you to some distant,
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amazing thing I'm going to show you. But kids are
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happy with the tiny details. So what I mean is like,
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in New Zealand, we would drive many hours to
get
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to the most amazing view, or the best forest or
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some fascinating rock formation. And sometimes we'd even drive overnight
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to get there. And then we'd arrive, and he would
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just prefer to play with the dead log full of
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bugs that was right at the trail entrance. I'm like, no,
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come on, come on. This is just the entrance. Come on,
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let's go up to the peak. We're going to be
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able to see everything. He's like, no, Dad, look at
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these bugs. And so many times we would never even
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get to the big amazing thing that I intended to
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see because we just play all day long. thing that
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he was fascinated with. So after doing this eight or
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nine times, I finally decided to stop waiting the hours
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driving to amazing things. And instead, we just learned to
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have a blast, or I learned how to have a
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blast in the local forest that's just five minutes away.
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So the lesson learned is that you don't need amazing
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things to play. You know, you got some sticks, some leaves,
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a cardboard box, some weird discarded trash. He can have
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more fun with these things than any, like, official toys.
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In fact, put another way, if you buy your kid
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a toy, they'll probably have more fun with the box
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it came in.
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We all know that experience, uh. At holidays, not Christmas,
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they're opening up and playing with the box. It's hilarious.
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You mentioned you lived in New Zealand for a while.
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I know you've lived all over the world and now
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you live in Oxford, England. And when I think about that,
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as someone who's born and raised in the United States
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and lived primarily the bulk of my life in the Midwest,
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I hear that and think, wow, that's amazing. And I
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wonder how somebody does that. But I want to expand
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out even more and and think of the broader topic
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of making decisions. Because, Derek, there are a lot of
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people listening who have to make a wide variety of
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decisions of, okay, do I change careers, go for this job,
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do I move across the country for something, who am
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I going to marry, right, where to live. So if
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we zoom out a little bit, could you share a
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bit about, and maybe if you want to use the
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moving of where you're living as one of the examples,
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but zoom out a bit first, to talk about how
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you make big decisions.
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Sure. Um, later let's get into values cause that's a huge,
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huge part of it. So let me give you a
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concrete example of that is that the one that you
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just mentioned is I also, I grew up in Hinsdale,
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Illinois and even worse, sorry, not worse, but even more, um,
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I was more entrenched in America when I was living
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on the beach in Santa Monica, California. I very explicitly
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felt this is the only place for me. I never
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wanted to go anywhere else. In fact, I don't think
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I'm ever going to even take a vacation ever again
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because I live in paradise now. This is amazing. And
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I even had a little disagreements with my girlfriend at
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the time who wanted to travel. And I was like, travel?
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Why travel? We live in paradise. This is amazing. I
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never want to go anywhere but Santa Monica ever again. Yeah.
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So it wasn't until I heard myself say that, and
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then I went, oh, wait a minute. Like, I'm 35.
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Am I seriously just going to spend the rest of
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my life here in this one spot? Is that me?
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And I went, oh, hold on. And just like that,
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like two values flipped, you know? The value system in
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my head flipped, and suddenly I was like, no, no, no,
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wait a minute. I love Santa Monica, but learning and
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growing and exploring and expanding my self-identity and having experiences
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like this is really important to me. Oh my God,
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what have I done? I've gotten my, and so just
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like that, it kind of, a lot of these changes
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happen in an instant. You have a certain thought that
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you can't unthink, you know, and it just changes the
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But yeah, let's get on to values later. I want
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to answer your question. So the big decisions in general, though,
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besides that thing I just mentioned of values flipping, I
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think the biggest lesson I've learned in the past couple
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years is the difference between in theory and in practice.
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In theory, you can read books on parenting or think
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about where you'd like to live or even describe the
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kind of marriage you want to have. But in practice,
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when you actually go try the thing that you think
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you wanted, you often find out that you don't actually
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like it, or you thought it would be really different
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than it is, or the other people involved in this
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decision with you have a very different set of needs
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and values than you do. So the lesson I learned
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this year is don't consider anything decided until you've had
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a chance to try it in the real world. Like,
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don't announce, we've decided we're going to move to the countryside.
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Because then you're going to be all embarrassed and guilty
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and conflicted if you get there and you find out
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that you just don't like living in the countryside. Like,
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in theory, you thought you did. But in practice, I
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didn't know there were going to be this many bugs.
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It's boring. So instead, I think it's better to say, like,
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We're going to try living in the countryside for a
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while and see what it's like. You know what I mean?
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Announcing what you're doing, like announcing your plans, has a
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weird effect on your psyche and your self-identity. So you
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have to be careful when you announce things because it... Yeah,
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it can mess with you wanting to go back on
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them or not. You know what I mean?
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Yeah. That actually reminds me, Derek, of I saw you
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gave a talk and I've referenced this in writing and
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talks as well and usually get a side eye in
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people questioning me. And you've done a lot of research
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and spoken about the fact that you should keep your
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goals to yourself. You shouldn't share them with other people.
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And this is counterintuitive to what most people say. And
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so I'd love for you to expand and explain why
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should those of us, me and people listening, why should
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we keep our goals to ourself instead of making them public?
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I'm no expert in this. I really just read an
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article in Newsweek magazine once that talked about this. And
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I went, huh, that's interesting. And it happened to be
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the same day that the TED conference was asking for submissions.
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So I said, oh, I could talk about this thing
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I heard about earlier today. and they chose me. And
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so then I had to get on stage as if
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I was some kind of expert. But that said, the
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idea is, okay, I'll just share the idea with your listeners.
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The idea is that for a certain kind of goal,
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something called an identity goal, where if you were to
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do this goal that you're announcing, it would kind of
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make you a different kind of person in your eyes,
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like just Just the fact that you're pursuing this lifts
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your esteem, the esteem in the eyes of others and self-esteem.
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So if you announce that you're doing this then, like,
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you know, I've signed up to, I'm going to do
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the Ironman competition, or I'm going to, I've started taking
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Chinese lessons, I'm going to learn Mandarin. And if you
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announce it to others, and then those others give you
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the social satisfaction Of like, whoa, Ryan, dude, right on, man.
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You're going to do Iron Man? You're going to learn Chinese?
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That's awesome. Man, I could never do that. Well, then
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that social feedback that you get gives you internal satisfaction.
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Like you're like, uh-huh, that's right. I'm the kind of
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guy that does Iron Man. Or that's right, I'm the
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kind of guy that learns Chinese. And you've now already
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felt a lot of the satisfaction that you shouldn't have
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felt until you actually do the thing. Like social, we're
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social creatures. The things other people say and what other
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people think of us affects us a lot. So the
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big idea is for these kinds of goals, these identity goals,
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try not telling anybody and keep it to yourself so
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that you have to actually do the hard work necessary
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in order to get any satisfaction from this thing. Because otherwise,
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having already felt the satisfaction, you might not follow through
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and do the hard work necessary if you've already felt
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the reward just from announcing it.
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I've personally seen this comment, and you probably get this
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way more than I do, is I'm writing a book
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or I'm going to start a podcast. And my whole
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thing is then just do it and show me the book.
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If you have questions about writing a book, that's a
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different topic. I'm happy to help you. Just share my
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experience with you. That's different. As opposed to trying to
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get the rewards before the actual work. I'm with you.
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I'd rather... I always admire people who accomplish the great things.
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Not the ones who tell me what they're about to accomplish.
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Just go do it. Right?
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Dude. So you live in Ohio. You probably don't get
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this as much as people in L.A.
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But when I.
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I lived in L.A. for seven years. And... there's it's
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almost like a disease in los angeles where everybody speaks
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in future tense about the things that they've got pending
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like oh yeah man we're in talks with emi to
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get this thing going you know i'm optioning a script
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and something oh yeah this um this agent is looking
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at my so-and-so and we're going to be doing this
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project with everybody's going around bragging about these hypothetical future
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tense things they're doing and they feel the social satisfaction
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from doing it. And I just, after a couple of
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years of that, I felt like just going around wearing
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a t-shirt that would say, tell me when it happens. Yeah.
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I'm with you. I like that shirt. That actually, I think, works. Exactly.
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That's a Ryan Hawks shirt.
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Tell me when it happens. Or just let's see it.
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So the other thing, Derek, I often open this podcast
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with a question about the term sustaining excellence. I am
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fascinated by studying excellence. Learning, reading about those who have
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sustained excellence. Talk about actually doing it, right? We're kind
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of dovetailing off that nicely, which is the people who
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have been able to sustain it over many years. And
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I know you're known as one of those kind of
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philosophical advisors that many high performers go to. You're laughing,
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but I think maybe you're a little uncomfortable because it's true.
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But many high performers go to. So you get kind
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of inside the minds of people who have sustained excellence.
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You've done it yourself. From your perspective, I'm curious, what
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have you found to be some of the commonalities among
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people who have sustained excellence?
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They hold themselves in very high value. In other words,
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the stakes are high. And this is a little personal,
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but why not? I'm going to tell a little story.
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Because I was in love with an Olympic athlete and
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got to know her very, very well. And her self-worth
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was so inspiring. I was one of only four people
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that had her phone number. because she raised the bar
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for social interaction so high that only these four people
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were allowed to take her time. Everyone else had to
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go through her agent. Her agent was one of the
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four people that had her number. So like anybody outside
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of that, no, you cannot have any of my time
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unless you pay handsomely. And then even for dear friends,
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even though she was a
big hearted person that loved
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her friends fully, they weren't allowed to waste her time.
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She was shocked that I let my friends complain about
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their life to me for hours. I said, well, you don't?
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And she said, no, my friends know not to waste
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my time like that. She said, no, I have high
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expectations for my friends. So our time together has to
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be high quality. Whoa. So even in friendship, even, I mean,
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this is a little more obvious, but it's like she
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would never, ever, ever break her diet. Like the yolks
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were always removed from the eggs. There was never any
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oil on the salad and never, never, never a piece
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of bread. I said, oh, you don't like bread? She said,
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of course I love bread. But if I eat the bread,
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then my performance suffers tomorrow and nothing is worth that.
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So she had the most amazing self-control ever. Because she
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valued herself so highly. So yeah, I just told you
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the little story of her, but I think that that's
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the common thing that I've found among the excellent.
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Was she happy? Very. Really? That doesn't sound like that
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happy of a life to me.
368
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No, it was, this had been a lifelong mission. She
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had been like this since she was like four years old.
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Okay. I just think like the thing with, From a
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relationship perspective, we could go to that aspect of it first.
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Part of being a friend, because this is what you
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do and have done for a while, is that you're
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there for your friends when they need you. Sometimes that's
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not really– you are going to kind of waste time.
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I think having a good community of friends where you
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can go to each other and sometimes things aren't good,
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which is natural in life. And that person is there
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for you. And the give and take parts of the
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relationship kind of shift back and forth depending on what's
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happening on that particular day. And so sometimes you're more
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of going to receive and other times you're going to
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be more of a giver in the relationship with friends
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or even a partner. And if it's only like, hey,
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we can't talk unless it's, you know what I mean?
386
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That's why I wondered about that aspect of it.
387
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No, I think she just put the bar in a
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different place. So it's like random little like whinging and
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moaning about your day for hours?
390
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No. No.
391
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You need to talk?
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Yes.
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Like I'm there for you when you need to talk.
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Like there were times as much as she– like I
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would have said, if you hadn't reminded me with that
396
00:24:46.779 --> 00:24:51.069
follow-up question, I would have said that she always put
397
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her practice and training top priority– above everything else and
398
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and for the most part that was true but yeah
399
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there were a couple times in our times together when
400
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when i had to like when i actually called her
401
00:25:06.480 --> 00:25:08.859
when she was training and i said i really need
402
00:25:08.880 --> 00:25:11.750
to talk and she's like okay no problem i'll wrap
403
00:25:11.809 --> 00:25:13.950
up now i'll call you back in five minutes and
404
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she would like stop her training because i told her
405
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no this is important So I think that's what I mean.
406
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She just kind of set the bar. So it's like, no, don't,
407
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don't drone on. Like maybe you should just go write
408
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in your journal if you need to, you know, whinge for,
409
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for hours. But yeah, anytime, like if we're talking high
410
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quality relationship need time, like that's like where you really
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are calling on a dear friend. Yeah, I'm there for you.
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So basically they, they. you found that these people just
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seem to have extremely high expectations for themselves first. And
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they live in a way to live up to those
415
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big expectations. Yeah.
416
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And, you know, I mean, honestly, I was just enjoying
417
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a little trip down memory lane. I hadn't thought about
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her in a while when you just asked that question.
419
00:25:56.150 --> 00:25:58.970
But yeah, I mean, as I'm running through other examples
420
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of my high performing friends in my head, I'm thinking, yeah,
421
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that is the most common thing is it's just kind of,
422
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Holding yourself to a very high self-esteem, very high value.
423
00:26:11.619 --> 00:26:18.069
Yeah. I'm curious from a philosopher like yourself, when you
424
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think of the word excellence, what does that mean to you?
425
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Or how would you even define that word? I think
426
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there's a lot of different definitions when you go out
427
00:26:24.960 --> 00:26:28.019
there online. I'm curious, what would be yours? Hmm.
428
00:26:31.000 --> 00:26:33.019
Sorry, I think my answer is shorter than the question.
429
00:26:33.480 --> 00:26:36.369
I think it's just setting very high standards and then
430
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living up to those standards. I think it's just totally
431
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subjective for each person.
432
00:26:42.809 --> 00:26:47.170
How do you do that for yourself? Is living an
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excellent life, and this may be a weird question, but
434
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is that something that's important to you? Yeah.
435
00:26:54.779 --> 00:26:58.299
I don't think of it in terms, I mean, yes, important, yes.
436
00:26:59.299 --> 00:27:05.319
But how it's defined might change daily. You know that
437
00:27:05.339 --> 00:27:07.920
example I said earlier about Santa Monica, where it's like,
438
00:27:08.519 --> 00:27:11.519
on a Tuesday, I felt, oh, this is where I'm
439
00:27:11.539 --> 00:27:13.420
going to spend my whole life, right here. I live
440
00:27:13.440 --> 00:27:17.490
in the best place on earth. And by Thursday, I'm like,
441
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I need to leave America and never come back in
442
00:27:21.309 --> 00:27:24.779
the name of growth and exploration. Like, you can have
443
00:27:24.819 --> 00:27:29.660
these flip flips of values where suddenly what you would
444
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have described as an excellent life two days ago is
445
00:27:33.440 --> 00:27:35.529
not what you would now describe as an excellent life
446
00:27:35.569 --> 00:27:43.710
today after you've had an unforgettable thought. So yeah, I
447
00:27:43.750 --> 00:27:49.250
think I'm acknowledging that the definition is ever changing, but yes,
448
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I definitely hold myself to high standards. I think that's
449
00:27:53.470 --> 00:27:56.710
why I fell for the athlete. I hadn't met anybody
450
00:27:56.769 --> 00:28:01.670
like her before. I was like, Oh, you're like me. Um,
451
00:28:02.369 --> 00:28:06.890
and yeah, I've, I always tried to make, uh, I
452
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hold myself to like a very high expectation for what
453
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00:28:10.059
I want out of life.
454
00:28:10.099 --> 00:28:14.000
Yeah. What about, um, let's shift to from a leadership perspective. Um,
455
00:28:14.420 --> 00:28:17.230
when you were running CD baby, um, And maybe you
456
00:28:17.269 --> 00:28:21.029
can briefly talk about everything you accomplished with CD Baby.
457
00:28:21.069 --> 00:28:25.210
But as you mentioned, you had many employees, like 80-plus.
458
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Is that what I heard you say?
459
00:28:26.609 --> 00:28:27.190
Yeah.
460
00:28:27.210 --> 00:28:31.049
80-plus employees. So you're in a leadership position doing everything
461
00:28:31.190 --> 00:28:35.049
you can to support the team that you are leading
462
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to help the clients and customers to, as you said,
463
00:28:40.869 --> 00:28:43.809
achieve their kind of musical dreams. But this is a
464
00:28:43.920 --> 00:28:46.869
big-time leadership role you find yourself in. And so I
465
00:28:46.890 --> 00:28:49.329
would imagine, given the type of guy you are, you're
466
00:28:49.349 --> 00:28:51.509
going to study what it means to be calm or
467
00:28:51.569 --> 00:28:54.369
to be a good leader for your team and for
468
00:28:54.410 --> 00:28:59.890
your clients. And so how do you think about leadership?
469
00:29:00.349 --> 00:29:04.029
What is your mindset towards being an excellent leader? And
470
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how do you define that for yourself? And maybe there's
471
00:29:06.210 --> 00:29:08.539
examples of others that you've looked at that have been
472
00:29:08.579 --> 00:29:10.599
helpful too, but I'm just curious of that in general.
473
00:29:13.299 --> 00:29:15.579
I honestly haven't thought about this in a long time.
474
00:29:15.960 --> 00:29:20.460
It's funny. It's been 12 years since I left CD Baby.
475
00:29:20.509 --> 00:29:23.970
And I feel like being a leader is something that
476
00:29:24.049 --> 00:29:29.630
I did for 10 years. And I think a big
477
00:29:29.670 --> 00:29:33.390
reason I quit is because I didn't like it. I
478
00:29:33.410 --> 00:29:37.630
didn't like having all that responsibility. So sorry, I'm not
479
00:29:37.670 --> 00:29:40.920
going to have a lot to say on this, but
480
00:29:42.980 --> 00:29:48.539
in general, I think that excellent leadership is being selfless.
481
00:29:49.720 --> 00:29:55.710
To have the perspective to see what's long-term best for
482
00:29:55.750 --> 00:30:00.509
the people that you're serving is And then ensuring that
483
00:30:00.549 --> 00:30:04.150
it happens, right? Like a narcissist is the opposite of
484
00:30:04.210 --> 00:30:09.730
a leader, right? Like I think good leadership is forgetting
485
00:30:09.779 --> 00:30:12.640
yourself and doing what's best for others.
486
00:30:14.559 --> 00:30:19.000
You sold CD Baby and can you share like kind
487
00:30:19.039 --> 00:30:21.059
of the exit story there? How much you sold it for,
488
00:30:21.119 --> 00:30:22.259
what you did with the
money and why?
489
00:30:26.710 --> 00:30:31.259
You asked in four seconds, you just named the three
490
00:30:31.400 --> 00:30:34.279
things that I had planned to never speak about. And
491
00:30:34.299 --> 00:30:36.019
I'm sorry, I don't mean in this phone call. I mean,
492
00:30:36.019 --> 00:30:40.119
12 years ago, when I sold the company, I thought, okay,
493
00:30:40.160 --> 00:30:41.740
how much I sold it for and what I'm doing
494
00:30:41.779 --> 00:30:45.109
with the money. This is nobody's business. So, you know,
495
00:30:45.119 --> 00:30:51.900
it's funny. It was 2008 and podcasts were... not really
496
00:30:52.400 --> 00:30:56.460
mainstream yet right no definitely and so there was this
497
00:30:56.539 --> 00:31:01.299
guy uh greg gallant i believe who interviewed me on
498
00:31:01.359 --> 00:31:06.089
his podcast and and we were like an hour long
499
00:31:06.109 --> 00:31:09.190
into the conversation when he said so how much did
500
00:31:09.210 --> 00:31:12.529
you sell for and i was just suddenly put on
501
00:31:12.549 --> 00:31:15.849
the spot my my brain was quickly going like should
502
00:31:15.869 --> 00:31:18.440
i say this out loud like That's nobody's business. And
503
00:31:18.460 --> 00:31:20.859
I was like, I'm on the air. I'm being recorded.
504
00:31:20.880 --> 00:31:22.400
I don't want to be rude. And then the real
505
00:31:22.440 --> 00:31:25.339
thought was, you know, we're an hour into a podcast.
506
00:31:25.420 --> 00:31:28.670
Nobody listens to these things anyway. So I said, all right,
507
00:31:28.710 --> 00:31:31.809
I sold for $ 22 million. And so he published the
508
00:31:31.829 --> 00:31:35.750
podcast saying, Derek Sivers sells CD Baby for $ 22 million.
509
00:31:35.769 --> 00:31:37.309
I'm like the big headline.
510
00:31:37.349 --> 00:31:38.210
I was like, oh, damn it.
511
00:31:39.549 --> 00:31:45.369
I outed myself accidentally. And then like about a month later, again,
512
00:31:45.390 --> 00:31:47.910
I still didn't learn my lesson. I still didn't think
513
00:31:47.970 --> 00:31:51.240
anybody listens an hour into a podcast. Some random dude said,
514
00:31:51.259 --> 00:31:53.920
you know, so how does it feel to be swimming
515
00:31:53.960 --> 00:31:56.819
in $ 22 million now? And I said, well, actually, I
516
00:31:56.839 --> 00:31:59.980
just gave it all away. And he's like, what? You
517
00:32:00.000 --> 00:32:03.359
gave it all away? And I said, well, yeah, I'd
518
00:32:03.380 --> 00:32:05.279
set up a charitable trust and I'd put the money
519
00:32:05.299 --> 00:32:07.829
into the trust because I didn't want it. And he's like, wait,
520
00:32:07.869 --> 00:32:10.470
we need to talk about this. I was like, oh, no, man,
521
00:32:10.490 --> 00:32:12.029
I didn't think I was going to ever talk about
522
00:32:12.069 --> 00:32:15.289
this publicly. So anyway, there, I just told you the
523
00:32:15.349 --> 00:32:19.349
answer through my whining little tale. But yeah, that's what
524
00:32:19.390 --> 00:32:24.440
I did. I was already making plenty of money before
525
00:32:24.500 --> 00:32:26.220
I sold the company. I was the sole owner. I
526
00:32:26.279 --> 00:32:29.539
had no investors. It was a very profitable business. So
527
00:32:29.599 --> 00:32:32.400
when I sold the company for 22 million, I knew
528
00:32:32.420 --> 00:32:34.250
that I didn't even want the money. So I set
529
00:32:34.289 --> 00:32:38.710
up a charitable trust to benefit music education, because to me,
530
00:32:38.829 --> 00:32:43.019
that just felt like the grand circle of life, like
531
00:32:43.079 --> 00:32:46.259
the idea that all this money came from musicians in
532
00:32:46.279 --> 00:32:50.059
this generation. And when I die, it's going to go
533
00:32:50.559 --> 00:32:54.029
all to the next generation of musicians in that generation.
534
00:32:55.720 --> 00:32:59.619
Uh, do you ever, uh, rethink that decision? Are there
535
00:32:59.700 --> 00:33:01.380
ever days where you're like, it'd be nice to have
536
00:33:01.400 --> 00:33:05.519
like 10 million right now? No, never do. Really? No.
537
00:33:05.599 --> 00:33:06.640
I mean, seriously. Okay.
538
00:33:06.680 --> 00:33:13.660
Well, I very often, you know what? I keep a, okay.
539
00:33:13.720 --> 00:33:16.079
I journal my ass off. I journal for one to
540
00:33:16.099 --> 00:33:19.480
three hours a day. I just like to I think
541
00:33:19.529 --> 00:33:21.470
I do it instead of watching movies. It's like I
542
00:33:21.509 --> 00:33:24.890
watch movies in my head. I play out alternate futures.
543
00:33:25.390 --> 00:33:28.750
And so one of the things I occasionally ask myself
544
00:33:28.789 --> 00:33:33.190
a few times a year is, if I ever start
545
00:33:33.230 --> 00:33:36.170
to have that thought that you just described, I'll stop
546
00:33:36.210 --> 00:33:38.369
and I'll turn to my journal and I'll say, what
547
00:33:38.430 --> 00:33:42.319
would I do if I had $ 100 million right now?
548
00:33:43.400 --> 00:33:46.400
And I'll sit there with an open journal and I'll say, um.
549
00:33:50.180 --> 00:33:51.640
Would I get a Tesla? I was like, no, I
550
00:33:51.660 --> 00:33:55.539
don't need a Tesla. Would I? No, I wouldn't. Maybe
551
00:33:55.559 --> 00:33:59.339
I'd hire a teacher to help. I was like, well, okay,
552
00:33:59.359 --> 00:34:03.890
that costs $ 20, 000. All right. I was like, and whenever
553
00:34:03.930 --> 00:34:06.150
I try to come up with something I would do
554
00:34:06.230 --> 00:34:12.349
in my life, if I had $ 100 million, I'm stumped
555
00:34:12.570 --> 00:34:16.090
because I wouldn't do anything differently. I just don't want anything.
556
00:34:16.110 --> 00:34:18.929
And so, no, I never regret the decision. I'm really
557
00:34:18.969 --> 00:34:22.829
glad that I didn't have that $ 22 million come to
558
00:34:22.869 --> 00:34:25.710
my name and find it burning a hole through my
559
00:34:25.750 --> 00:34:27.829
pocket just because I have it. I
think that I
560
00:34:27.929 --> 00:34:31.429
probably should go buy the giant home I don't need
561
00:34:31.510 --> 00:34:33.820
or the stupid car that I don't need, you know?
562
00:34:33.940 --> 00:34:35.219
So I'm glad I didn't do those things.
563
00:34:35.639 --> 00:34:39.340
You just mentioned your journal, uh, a lot. And, uh,
564
00:34:40.840 --> 00:34:44.119
I think this is something I work with leaders that
565
00:34:44.219 --> 00:34:46.340
I talk about quite a bit is the importance of
566
00:34:46.440 --> 00:34:50.719
documenting what you think, putting pen to paper. And you've,
567
00:34:50.860 --> 00:34:54.159
you've definitely talked about this and you, I, my, my
568
00:34:54.219 --> 00:34:57.480
feeling is since, especially whether it's from writing a book
569
00:34:57.500 --> 00:35:01.760
or even just writing articles, I don't fully know how
570
00:35:01.889 --> 00:35:05.070
little I know about something until I try to write
571
00:35:05.130 --> 00:35:07.949
about it. And then you do the research. And then
572
00:35:08.449 --> 00:35:10.960
by the end of it, I feel like I have
573
00:35:10.980 --> 00:35:13.559
a little bit better grasp on whatever it is I'm
574
00:35:13.659 --> 00:35:16.920
writing about. Same thing that goes if I'm getting ready
575
00:35:16.940 --> 00:35:22.199
to give a big speech somewhere. I want to serve
576
00:35:22.219 --> 00:35:25.079
that audience, so I prepare like crazy. There's a lot
577
00:35:25.119 --> 00:35:29.829
of writing and rehearsing and thinking and pictures and analogies.
578
00:35:30.889 --> 00:35:34.099
From your perspective, for the person maybe who says– I
579
00:35:34.119 --> 00:35:36.760
get it. You know, Derek has time to write that much.
580
00:35:36.880 --> 00:35:39.400
I don't have that time to write. And, and obviously
581
00:35:39.949 --> 00:35:42.550
everyone listening has that time. It's, it's their choice of
582
00:35:42.610 --> 00:35:44.769
how they choose to use it. What, what have you
583
00:35:44.809 --> 00:35:49.809
found to be the power behind documenting your thoughts?
584
00:35:50.630 --> 00:35:56.099
Hmm. Um, by the way, time-wise, I don't think I
585
00:35:56.139 --> 00:36:05.929
have watched a show of any sort. I like more
586
00:36:05.949 --> 00:36:07.610
than two hours in the past year.
587
00:36:08.449 --> 00:36:08.710
Really?
588
00:36:08.809 --> 00:36:11.630
I don't, I don't watch anything. So I think my
589
00:36:11.690 --> 00:36:15.389
journaling time comes from the, that kind of time. I
590
00:36:15.469 --> 00:36:17.489
really meant it when I said, like, I, I watch
591
00:36:17.530 --> 00:36:20.880
movies in my brain, you know, like I, anytime I
592
00:36:20.940 --> 00:36:23.420
feel like that kind of just crashing on the couch
593
00:36:23.460 --> 00:36:26.579
and exhaling, I do it with the journal in my hands.
594
00:36:26.699 --> 00:36:29.880
And I just, I just write and I just play
595
00:36:29.940 --> 00:36:32.300
out hypotheticals and I just pour out
whatever's in my head.
596
00:36:32.360 --> 00:36:37.619
And So, okay, you asked the value and the importance
597
00:36:37.659 --> 00:36:42.320
of it. One of my favorite things, sorry, this is
598
00:36:42.360 --> 00:36:48.489
answering your question, is I just a few years ago
599
00:36:48.530 --> 00:36:54.250
started keeping per-topic journals. So because I'm just doing it
600
00:36:54.309 --> 00:36:57.349
on the computer anyway in text files, but I'm sure
601
00:36:57.369 --> 00:36:58.730
you could do this on paper too if you wanted,
602
00:36:59.190 --> 00:37:01.630
I found that there were some subjects that I just
603
00:37:01.730 --> 00:37:06.679
kept coming back to like for years, we were considering
604
00:37:06.719 --> 00:37:09.679
moving to Singapore. In fact, back to Singapore. My son
605
00:37:09.699 --> 00:37:12.679
was born in Singapore and we were considering moving back
606
00:37:12.719 --> 00:37:16.530
there from New Zealand. So for years in my daily diary,
607
00:37:17.239 --> 00:37:20.090
I kept having thoughts come into my head about Singapore,
608
00:37:20.289 --> 00:37:22.570
kind of like updated thoughts. And so eventually I thought,
609
00:37:22.590 --> 00:37:24.190
you know, I should really keep these all in one
610
00:37:24.269 --> 00:37:29.409
place instead of having them scattered among 400 separate entries.
611
00:37:29.510 --> 00:37:31.380
I should just put them into one place. So that's
612
00:37:31.400 --> 00:37:35.960
when I started keeping a I call it Thoughts On Journal.
613
00:37:36.000 --> 00:37:39.039
So it's like a folder called Thoughts On. And inside
614
00:37:39.239 --> 00:37:42.380
are a couple hundred text files with names like Singapore
615
00:37:43.079 --> 00:37:52.269
or language learning or interviews. So that really helps to,
616
00:37:52.570 --> 00:37:55.010
whenever you find yourself returning to the same subject, open
617
00:37:55.070 --> 00:38:00.190
up that journal and write down your current thoughts on,
618
00:38:01.300 --> 00:38:03.480
I timestamp it, like with today's date, and then you
619
00:38:03.500 --> 00:38:07.260
write down your current thoughts about this thing now. And
620
00:38:07.360 --> 00:38:11.260
then it's fascinating to scroll down and see what you
621
00:38:11.280 --> 00:38:13.929
were thinking on this subject three months ago or one
622
00:38:13.969 --> 00:38:16.889
year ago or three years ago. It's really cool to
623
00:38:16.949 --> 00:38:21.889
see how your thoughts have changed because a lot of
624
00:38:21.929 --> 00:38:26.570
us often come back to the same thought. So then
625
00:38:26.610 --> 00:38:30.670
you can see how consistently have I been feeling today?
626
00:38:31.840 --> 00:38:35.000
Or thinking about this subject? Or is it always changing?
627
00:38:36.340 --> 00:38:38.900
Another example is like for a year I wanted a dog.
628
00:38:39.780 --> 00:38:43.659
And I really, really wanted a dog. But I told myself,
629
00:38:44.599 --> 00:38:46.699
that's a huge commitment. I'm not going to get a
630
00:38:46.719 --> 00:38:48.929
dog unless at least a year has passed and I
631
00:38:48.989 --> 00:38:53.449
still want a dog. And so I had thoughts on dog.txt
632
00:38:53.809 --> 00:38:56.179
that I would always turn to. when I was thinking
633
00:38:56.219 --> 00:38:58.400
about getting a dog. And it was just interesting to
634
00:38:58.460 --> 00:39:00.820
see that after a year, it's like, okay, my thoughts
635
00:39:00.840 --> 00:39:04.659
have been very consistent on this subject. And so after
636
00:39:04.699 --> 00:39:06.309
a year, I got a dog because I could look
637
00:39:06.369 --> 00:39:09.929
back at the consistency. Yeah, it helps to see your expectations.
638
00:39:10.250 --> 00:39:12.329
When I was living in New Zealand for a little while,
639
00:39:12.369 --> 00:39:14.170
I thought it would be really cool to get an RV,
640
00:39:14.389 --> 00:39:17.059
you know, a motorhome. And I thought that for a
641
00:39:17.099 --> 00:39:22.039
few months and I had thoughts on rv.txt, full of many, many,
642
00:39:22.059 --> 00:39:25.090
many thoughts about why I want an RV and the
643
00:39:25.150 --> 00:39:27.909
pros and cons. And so eventually, I got an RV.
644
00:39:27.929 --> 00:39:32.280
And it was totally different. different than I expected. It
645
00:39:32.360 --> 00:39:35.059
was kind of terrible. Even though I had rented one
646
00:39:35.380 --> 00:39:37.679
before and I knew that, I thought that owning one
647
00:39:37.699 --> 00:39:41.750
would be different somehow. But no, I hated it. So yeah,
648
00:39:41.769 --> 00:39:43.769
that lasted a few weeks. I sold it right back
649
00:39:43.809 --> 00:39:46.010
to the dealer I bought it from. Luckily, I didn't
650
00:39:46.050 --> 00:39:49.230
lose too much money. But yeah, that's something where You
651
00:39:49.250 --> 00:39:52.909
can look at the thoughts on journal now, and it's
652
00:39:52.969 --> 00:39:56.969
fascinating to see what I expected it to be like
653
00:39:57.030 --> 00:39:59.659
versus what it was like. So anyway, as you can
654
00:39:59.699 --> 00:40:01.159
tell from me going on and on and on about
655
00:40:01.179 --> 00:40:03.059
the subject, I think this is just one of the
656
00:40:03.099 --> 00:40:10.039
most useful things anyone can do. Not just writing down
657
00:40:10.880 --> 00:40:15.780
the first thought that comes to mind, but constantly challenge yourself.
658
00:40:16.659 --> 00:40:19.650
When you ask yourself a question like, Why do I
659
00:40:19.710 --> 00:40:23.710
think we should move to the countryside? You'll answer that question.
660
00:40:23.730 --> 00:40:28.599
Like you'll say, because I want silence. So then you
661
00:40:28.619 --> 00:40:30.280
have to push back on yourself and you have to say,
662
00:40:30.300 --> 00:40:34.179
so am I unable to get silence where I'm living now?
663
00:40:34.559 --> 00:40:39.849
Like wouldn't noise proof windows solve that same problem? But
664
00:40:39.889 -->
00:40:42.809
yet I could still remain conveniently located where we are.
665
00:40:43.519 --> 00:40:45.440
Do I need to move an hour into the countryside
666
00:40:45.460 --> 00:40:47.679
to get silence? Or could I move five minutes away?
667
00:40:47.699 --> 00:40:50.090
You know, you got to push back on yourself to
668
00:40:50.869 --> 00:40:55.650
challenge your thinking. And then lastly, despite everything we said,
669
00:40:55.809 --> 00:40:59.369
I think it's also important to keep just a daily
670
00:40:59.809 --> 00:41:02.199
what I did today diary. Even if it's like you
671
00:41:02.219 --> 00:41:04.659
just spent five minutes a day just saying what you
672
00:41:04.679 --> 00:41:09.519
did today. Because I'll bet that future you is going
673
00:41:09.639 --> 00:41:14.199
to want to know what present you back in crazy
674
00:41:14.199 --> 00:41:18.460
2020 was doing. Like in 2050, you're probably going to
675
00:41:18.480 --> 00:41:23.570
be wondering, was I really as scared as I remember
676
00:41:23.690 --> 00:41:26.110
in 2020 or as happy as I remember in 2020?
677
00:41:26.110 --> 00:41:28.730
Or what was I thinking when all that crazy stuff
678
00:41:28.750 --> 00:41:32.010
was going down in 2020? I have some faint memories,
679
00:41:32.090 --> 00:41:35.360
but it would be way more interesting to be able
680
00:41:35.400 --> 00:41:38.519
to look at a daily diary of what you were doing.
681
00:41:39.429 --> 00:41:43.190
In that crazy year of 2020. And, you know, who knows?
682
00:41:43.250 --> 00:41:46.159
Future years will probably be crazy, too. But, yeah, do
683
00:41:46.179 --> 00:41:51.320
this for your future self. Journal your current activities as
684
00:41:51.380 --> 00:41:52.699
a service to your future self.
685
00:41:53.940 --> 00:41:59.789
You mentioned earlier in the conversation about your values. And
686
00:42:00.380 --> 00:42:02.400
this is a topic I've been talking about with my friend,
687
00:42:02.420 --> 00:42:05.360
Brooke cups recently. And he's a, he's a high school
688
00:42:05.400 --> 00:42:09.530
leadership teacher and basketball coach and incredible, incredible guy about
689
00:42:09.590 --> 00:42:12.260
living out his values has really helped me and, And
690
00:42:12.570 --> 00:42:16.070
I'd love to hear, one, what are some of your
691
00:42:16.389 --> 00:42:20.429
core values? And then further, how do you actually live
692
00:42:21.110 --> 00:42:26.750
those values out considering the choices you make and how
693
00:42:26.829 --> 00:42:29.510
you choose to live, right? Like I think it's what
694
00:42:29.570 --> 00:42:33.369
you've done in your past is not what most people
695
00:42:33.409 --> 00:42:36.139
would do, whether even just from the CD baby sale
696
00:42:36.199 --> 00:42:38.800
or other things from there. So what are some of
697
00:42:38.820 --> 00:42:41.780
your values and how do you choose to actually live
698
00:42:41.940 --> 00:42:42.760
out those values?
699
00:42:45.219 --> 00:42:52.429
I think values themselves aren't very interesting. Like, okay, learning, creating, growing, change, parenting.
700
00:42:52.530 --> 00:42:53.309
Those are my values.
701
00:42:53.489 --> 00:42:53.949
Boring.
702
00:42:54.789 --> 00:42:56.969
How do I live them? I notice when one is
703
00:42:57.010 --> 00:42:59.599
lacking and I give it my more priority until it's
704
00:42:59.639 --> 00:43:00.559
not lacking anymore.
705
00:43:01.099 --> 00:43:01.599
Boring.
706
00:43:02.579 --> 00:43:08.420
But what's interesting is remaining interesting. flexible and creative in
707
00:43:08.579 --> 00:43:12.090
how you can fulfill your values. The big idea is
708
00:43:12.150 --> 00:43:17.170
to not get stuck on one plan, right? So say
709
00:43:17.230 --> 00:43:21.250
that you had planned to be a public speaker or
710
00:43:21.690 --> 00:43:25.119
even better, a concert promoter. So you decided that this
711
00:43:25.159 --> 00:43:27.039
is what matters most to you. And damn it, I'm
712
00:43:27.079 --> 00:43:30.199
going to be a concert promoter. This is my calling. Well,
713
00:43:30.219 --> 00:43:33.239
then COVID-19 hits and the career of a public speaker
714
00:43:33.619 --> 00:43:36.300
or a concert promoter is not going to be doable
715
00:43:36.380 --> 00:43:41.699
for a few years. So you have to ask yourself like, well,
716
00:43:42.139 --> 00:43:45.480
what did I really want from doing that? What was
717
00:43:45.559 --> 00:43:49.760
it I really wanted? Was it to share my ideas?
718
00:43:50.619 --> 00:43:54.110
Was it to become eloquent? Was it to meet lots
719
00:43:54.170 --> 00:43:58.300
of people? Whatever it is, what are some other creative
720
00:43:58.360 --> 00:44:04.369
ways you can get what you want, considering the new situation? Like, say,
721
00:44:04.510 --> 00:44:08.050
if travel was your top priority, but then you have
722
00:44:08.110 --> 00:44:12.849
a baby with someone who is strongly opposed to traveling. Well,
723
00:44:12.889 --> 00:44:15.079
so now you have to ask yourself what you really
724
00:44:15.199 --> 00:44:20.380
wanted from travel. Was it just to eat crazy food?
725
00:44:21.019 --> 00:44:24.320
Was it to more deeply understand different cultures? Was it
726
00:44:24.559 --> 00:44:28.619
to brag on Instagram about your wonderful life? You have
727
00:44:28.639 --> 00:44:31.579
to really be honest with yourself to try to think
728
00:44:31.599 --> 00:44:33.639
through what was it that I really wanted from that?
729
00:44:34.119 --> 00:44:37.409
And then what are some other creative ways you can
730
00:44:37.449 --> 00:44:42.070
meet those needs considering the new situation? And lastly, I
731
00:44:43.369 --> 00:44:47.429
think it's important to not get too attached to to
732
00:44:47.469 --> 00:44:51.420
your current values? Because like my example earlier, like they
733
00:44:51.440 --> 00:44:55.260
could change it anytime. I made the out of the
734
00:44:55.300 --> 00:44:58.760
blue Santa Monica travel the world
versus not example. But
735
00:44:59.179 --> 00:45:02.840
what if, say your health was never a top priority?
736
00:45:03.099 --> 00:45:05.659
Like if somebody would have asked your value systems, you
737
00:45:05.679 --> 00:45:07.550
would have listed five other things, but you wouldn't have
738
00:45:07.590 --> 00:45:10.969
put health on there. But then you suddenly get lymphoma
739
00:45:10.989 --> 00:45:15.889
or something, and suddenly health becomes a top priority. And
740
00:45:16.539 --> 00:45:20.460
All these other things that were important before, whether it
741
00:45:20.480 --> 00:45:23.320
was going out to parties or traveling, might suddenly become
742
00:45:23.400 --> 00:45:27.980
very unappealing. So, yeah, don't get too attached to your
743
00:45:28.039 --> 00:45:30.489
current values and just admit that they are likely to
744
00:45:30.530 --> 00:45:33.789
change at any time. So when somebody wants to know
745
00:45:33.829 --> 00:45:36.070
your values, you can say, well, these are my values now.
746
00:45:38.050 --> 00:45:44.409
You're a self-described, I may say this wrong, monomaniac.
747
00:45:45.610 --> 00:45:46.949
I only learned that term a month ago.
748
00:45:47.179 --> 00:45:49.719
Okay. So self-described– did I pronounce that right?
749
00:45:49.900 --> 00:45:50.679
I think so. Okay.
750
00:45:50.719 --> 00:45:55.360
Self-described monomaniac, meaning– and what that means is you are
751
00:45:55.400 --> 00:45:58.599
the type of person who has an obsession with one thing.
752
00:45:59.659 --> 00:46:04.889
And I'm curious, how did you diagnose yourself as that
753
00:46:04.949 --> 00:46:06.610
and how do you think that's been helpful for you?
754
00:46:09.090 --> 00:46:11.570
It's– It's making it sound like a very serious thing,
755
00:46:11.590 --> 00:46:13.650
especially when you say diagnose. But no, it's more like
756
00:46:13.949 --> 00:46:16.369
I just randomly came across this word in a book
757
00:46:16.429 --> 00:46:18.949
or somewhere and I went, monomaniac, what is that? And
758
00:46:18.969 --> 00:46:20.090
I went and looked it up and I went.
759
00:46:21.260 --> 00:46:22.519
Oh, hey, that's me.
760
00:46:23.579 --> 00:46:26.320
It just means, yeah, I have always been this way
761
00:46:26.360 --> 00:46:29.460
since I was a kid. I just get really, really
762
00:46:29.820 --> 00:46:33.730
into one thing at a time. I'm really not good
763
00:46:33.909 --> 00:46:38.099
at doing that Super balanced life where I wake up
764
00:46:38.159 --> 00:46:40.199
and do an hour of this and then three hours
765
00:46:40.239 --> 00:46:41.900
of that and then make sure to get you Know
766
00:46:42.039 --> 00:46:44.239
two hours of this every day and then one hour
767
00:46:44.280 --> 00:46:48.349
of that. I admire people that do that, but I've
768
00:46:48.429 --> 00:46:50.989
tried to do that even and I just I get
769
00:46:51.130 --> 00:46:53.050
so into what I'm doing I just want to see
770
00:46:53.070 --> 00:46:56.070
it through to completion. So honestly, that's all it means What.
771
00:46:56.010 --> 00:46:58.889
Are some of those things recently for you the one things?
772
00:46:59.650 --> 00:47:04.130
Sure it's not that interesting, but a very concrete example
773
00:47:04.329 --> 00:47:07.829
is my next book is called How to Live. And
774
00:47:08.110 --> 00:47:12.230
I absolutely love writing it so much that for 15
775
00:47:12.230 --> 00:47:14.989
hours a day, I was doing nothing but writing How
776
00:47:15.050 --> 00:47:18.269
to Live for months, every single day, seven days a week,
777
00:47:18.409 --> 00:47:20.550
just writing How to Live all day long, except, you know,
778
00:47:20.590 --> 00:47:22.889
of course, stopping to play with my kid. And then
779
00:47:22.929 --> 00:47:25.670
at Christmas time, my assistant said, hey, there are a
780
00:47:25.690 --> 00:47:27.230
whole bunch of things on the back end of this
781
00:47:27.269 --> 00:47:30.280
system here that I really can't do my work without
782
00:47:30.800 --> 00:47:34.119
and I need your help making these things. I went, oh,
783
00:47:34.360 --> 00:47:36.889
good point. So I paused the writing of my book
784
00:47:37.789 --> 00:47:41.469
and for three months just got really totally into programming
785
00:47:41.750 --> 00:47:43.590
all these like back end tools I needed in order
786
00:47:43.630 --> 00:47:48.380
to help me handle the book production stuff better. And
787
00:47:48.389 --> 00:47:51.099
I did nothing but programming for three months. I haven't
788
00:47:51.119 --> 00:47:53.860
done any writing in months. And I'm at the very
789
00:47:53.920 --> 00:47:55.719
tail end of that now. And as soon as I'm done,
790
00:47:55.739 --> 00:47:58.300
I'm going to go all the way back into writing,
791
00:47:58.460 --> 00:48:01.539
just nothing but writing all day, every day. So that's
792
00:48:01.599 --> 00:48:08.530
the kind of, oh, and then when the COVID-19 stuff started,
793
00:48:08.550 --> 00:48:11.949
I got really worried about all these people I know
794
00:48:12.429 --> 00:48:13.769
out in the world. And so I sent out an
795
00:48:13.829 --> 00:48:15.980
email to my whole mailing list saying, how are you?
796
00:48:16.219 --> 00:48:19.179
Are you okay? Like, yes, I'm really answering. I'm sorry,
797
00:48:19.219 --> 00:48:23.179
I'm really asking, please answer. And I got 7,000 emails
798
00:48:23.239 --> 00:48:23.780
in return.
799
00:48:24.719 --> 00:48:26.940
And so I think I was one of those, but yes,
800
00:48:27.940 --> 00:48:29.739
asking you to come on this podcast, but go ahead.
801
00:48:30.539 --> 00:48:33.820
So for the next two weeks, I did nothing but
802
00:48:33.900 --> 00:48:35.949
answer emails. Like literally I would get up at five
803
00:48:35.949 --> 00:48:38.030
30 or six in the morning and I would answer
804
00:48:38.119 --> 00:48:41.869
emails nonstop, just stopping to stretch and eat a little bit,
805
00:48:41.889 --> 00:48:43.610
then get back to it until
midnight every day.
806
00:48:43.630 --> 00:48:44.690
So what is that?
807
00:48:44.750 --> 00:48:47.369
Six, 6am to midnight. What is that? 18 hours a day. Um,
808
00:48:49.090 --> 00:48:51.010
just doing emails for two weeks until they were done
809
00:48:51.030 --> 00:48:53.369
because I just like to see things through to completion.
810
00:48:54.849 --> 00:48:58.389
And you've written about that. I'm immersed in their stories
811
00:48:58.449 --> 00:49:03.320
and almost devastated from the stress, but also thankful for
812
00:49:03.340 --> 00:49:06.039
the connection. This is in regards to all those emails.
813
00:49:06.719 --> 00:49:09.380
And I guess my question is, is there a point
814
00:49:09.840 --> 00:49:13.079
where that stress outweighs the value of the connection? And
815
00:49:13.119 --> 00:49:15.119
what's your decision-making process for that?
816
00:49:18.199 --> 00:49:22.019
I think in terms of net, right? Like the warm
817
00:49:22.059 --> 00:49:26.559
and fuzzy good feelings I get from connecting with 7,000
818
00:49:26.559 --> 00:49:31.699
people versus a few hours of stress trying to get
819
00:49:31.760 --> 00:49:34.539
back to them all in time. So that's a huge
820
00:49:34.639 --> 00:49:37.989
plus and a little minus, right? So that's net positive.
821
00:49:39.130 --> 00:49:43.969
But Let's pick a different example. So say someone who
822
00:49:44.070 --> 00:49:47.030
buys a house that's bigger than they need, or a
823
00:49:47.090 --> 00:49:50.429
new fancy car that costs 10 times what a basic
824
00:49:50.469 --> 00:49:54.260
cheap used car would cost, to use your $ 100 million
825
00:49:54.280 --> 00:49:59.300
question earlier. If somebody decides to buy those things, then
826
00:50:00.739 --> 00:50:02.940
they're probably deciding that they're going to have to work
827
00:50:02.980 --> 00:50:05.360
at a job doing something they don't really want to
828
00:50:05.570 --> 00:50:10.329
do for the next 10 years. in order to pay
829
00:50:10.409 --> 00:50:14.150
off that expensive choice. So to me, that's like a
830
00:50:14.190 --> 00:50:17.349
little plus, like, yeah, it's kind of nicer to have
831
00:50:17.389 --> 00:50:20.730
a nicer car, but there's a huge minus on the
832
00:50:20.750 --> 00:50:24.900
backside of that. So to me, that's net negative. So
833
00:50:25.099 --> 00:50:30.860
I think I've always been a long-term thinker, even when
834
00:50:30.880 --> 00:50:34.019
I was a teenager and my friends would ask why
835
00:50:34.059 --> 00:50:37.019
I didn't have any tattoos. And it's like, well, cause
836
00:50:37.059 --> 00:50:40.300
my 90 year old self might not want them. And
837
00:50:40.320 --> 00:50:43.119
they just looked at me weird. They're like, dude. I
838
00:50:43.139 --> 00:50:45.760
don't know. Even as a teenager, I'm always thinking in
839
00:50:45.800 --> 00:50:50.530
terms of my 90-year-old self looking back. I'm always thinking
840
00:50:50.570 --> 00:50:55.690
in terms of decades and net positive in the long
841
00:50:55.750 --> 00:50:56.730
term or net negative.
842
00:50:58.050 --> 00:51:02.289
Is writing books the primary way that you make money?
843
00:51:02.409 --> 00:51:05.670
Or what's the primary source of your revenue streams now?
844
00:51:06.889 --> 00:51:11.170
I haven't made any money since 2008. when I sold
845
00:51:11.369 --> 00:51:14.659
CD Baby, yeah, I had plenty of money saved up,
846
00:51:14.739 --> 00:51:16.380
so I've just been living off of savings.
847
00:51:16.460 --> 00:51:16.940
Seriously?
848
00:51:16.960 --> 00:51:17.719
Uh-huh.
849
00:51:18.099 --> 00:51:18.519
Wow.
850
00:51:18.900 --> 00:51:21.559
Okay. I just do everything for free, and I enjoy that.
851
00:51:21.659 --> 00:51:27.699
I like not having to monetize the things I enjoy doing.
852
00:51:27.780 --> 00:51:32.269
So all of this, you know, whatever, hundreds or thousands
853
00:51:32.329 --> 00:51:34.449
of hours of answering email, I'm just doing it just.
854
00:51:34.369 --> 00:51:35.750
Because I need it. So your book, Anything You Want,
855
00:51:35.769 --> 00:51:37.150
which is a very popular book.
856
00:51:37.210 --> 00:51:41.659
It's... Oh, sorry. I guess I have earned a little
857
00:51:41.699 --> 00:51:45.420
money from that, but I mean, hardly anything in the
858
00:51:45.460 --> 00:51:49.539
big picture. If that money went into my bank account,
859
00:51:49.619 --> 00:51:50.639
I didn't even notice.
860
00:51:51.079 --> 00:51:54.909
So you're good for the foreseeable future financially?
861
00:51:55.820 --> 00:51:59.590
Yeah, I live very cheaply, so I'm good.
862
00:52:00.210 --> 00:52:02.650
Wow. that has to be, it reminds me of like
863
00:52:02.710 --> 00:52:04.630
Forrest Gump. It's like, that's like one less thing. I
864
00:52:05.510 --> 00:52:08.949
don't know. I love that quote. Do you? I mean,
865
00:52:09.010 --> 00:52:10.269
you just would be able to mow the grass for
866
00:52:10.329 --> 00:52:13.110
free because that's one less thing to worry about. I mean,
867
00:52:13.190 --> 00:52:18.760
it's like, you know, especially as a dad, I think of,
868
00:52:19.110 --> 00:52:20.389
I don't know. I mean, I think of this quite
869
00:52:20.409 --> 00:52:22.489
a bit of, you know, we have a high fixed
870
00:52:22.550 --> 00:52:27.170
cost as a family because kids are expensive. And so
871
00:52:27.250 --> 00:52:32.119
there's that balance between Like my parents were so great
872
00:52:32.159 --> 00:52:34.159
about that for us and our family that I want
873
00:52:34.199 --> 00:52:36.739
to be the same as one of the leaders, my
874
00:52:36.800 --> 00:52:39.070
wife being the other one, the leaders of our family,
875
00:52:40.190 --> 00:52:42.610
that that's there. And so I see that, though, but
876
00:52:42.650 --> 00:52:45.369
did walk away from a corporate America job with some
877
00:52:45.389 --> 00:52:48.789
of those inflated salaries and comp plans to do something
878
00:52:48.849 --> 00:52:51.449
more that I love.
And the satisfaction in it is
879
00:52:51.510 --> 00:52:54.719
dramatically increased, even if initially at least the income increased.
880
00:52:55.269 --> 00:52:57.329
went away. And I, and so that, that's why I'm
881
00:52:57.349 --> 00:53:00.159
fascinated by that part where you, it just doesn't seem
882
00:53:00.179 --> 00:53:01.460
like it's something you think about.
883
00:53:03.000 --> 00:53:04.619
Yeah, it's amazing.
884
00:53:05.159 --> 00:53:08.000
Um, I don't think that part though is that relatable
885
00:53:08.059 --> 00:53:10.800
to many people listening, Derek, you probably know that though.
886
00:53:10.820 --> 00:53:12.039
I mean, you have to know that. Yeah.
887
00:53:12.909 --> 00:53:19.889
Well, you know, I, ever since I was a teenager, uh,
888
00:53:20.440 --> 00:53:23.360
I found a way to live so cheaply that I
889
00:53:23.440 --> 00:53:25.840
never had to do anything I didn't want to do.
890
00:53:26.699 --> 00:53:30.219
So I haven't ever really in my life, uh, done
891
00:53:30.280 --> 00:53:32.949
anything I didn't want to do because instead I would
892
00:53:32.989 --> 00:53:37.789
just lower my expenses so low that, um, that, you know,
893
00:53:37.829 --> 00:53:40.750
just making a few hundred dollars a month was paying
894
00:53:40.769 --> 00:53:43.230
my cost of living. And so there's always something you
895
00:53:43.250 --> 00:53:45.110
can enjoy doing for a few hundred dollars a month.
896
00:53:46.070 --> 00:53:46.289
Yeah.
897
00:53:46.389 --> 00:53:48.559
So that's, that's always been my approach to life. And,
898
00:53:50.039 --> 00:53:53.710
I think then selling the company or running a company
899
00:53:53.730 --> 00:53:58.190
and making millions doing that just made that even easier
900
00:53:58.230 --> 00:53:58.429
to do.
901
00:53:59.449 --> 00:54:02.940
It's really interesting. Derek, once again, thank you so much
902
00:54:02.980 --> 00:54:06.099
for investing your time with me today and all my listeners.
903
00:54:07.619 --> 00:54:12.030
Where would you send them to learn more about you online?
904
00:54:13.679 --> 00:54:19.230
Only one place. Just go to Sivers.org. S-I-V-E-R-S dot O-R-G.
905
00:54:19.250 --> 00:54:23.130
And as you can tell, I do like hearing from people.
906
00:54:23.170 --> 00:54:26.630
This is honestly why I do interviews like this. For one,
907
00:54:26.650 --> 00:54:30.699
I liked Ryan's interesting questions and they were very thought provoking.
908
00:54:32.400 --> 00:54:34.860
But otherwise, I really like hearing from people. So go
909
00:54:34.900 --> 00:54:37.400
to Sivers.org and my email address is out there and
910
00:54:38.099 --> 00:54:39.679
introduce yourself and say hello.
911
00:54:40.000 --> 00:54:43.099
By the way, it is the fastest website on the internet.
912
00:54:44.179 --> 00:54:45.820
It's because it has, I'm a minimalist.
913
00:54:45.900 --> 00:54:48.909
It has absolutely not one single line of code that
914
00:54:48.969 --> 00:54:51.989
doesn't absolutely need to be there. I hand coded the
915
00:54:52.030 --> 00:54:54.590
site myself, every single line. I didn't use any WordPress,
916
00:54:54.650 --> 00:54:57.110
no nothing. I wrote that site by hand and I
917
00:54:57.190 --> 00:54:59.550
didn't add a single line unless it had to be there.
918
00:54:59.610 --> 00:55:00.610
So yeah, it's really damn fast.
919
00:55:00.630 --> 00:55:03.070
If you click on a link, you will be on
920
00:55:03.130 --> 00:55:07.780
that page and like I've never experienced that. It's like, wow,
921
00:55:07.800 --> 00:55:10.400
this is the– I thought about, like, could I hire
922
00:55:10.440 --> 00:55:13.329
Derek to do my website? But I'm guessing that's not
923
00:55:13.349 --> 00:55:16.030
something you do. No, I love it.
924
00:55:16.090 --> 00:55:18.730
I wish everybody would do that. You just remove all
925
00:55:18.769 --> 00:55:22.110
the bloat and, you know, the actual– if you think
926
00:55:22.130 --> 00:55:24.449
of the average site and think of why you're on
927
00:55:24.510 --> 00:55:27.030
that site, usually there are some paragraphs of text that
928
00:55:27.070 --> 00:55:29.260
you want to read. And then you think of how
929
00:55:29.340 --> 00:55:33.159
much junk is usually also on that page. Well, just
930
00:55:33.320 --> 00:55:34.840
get rid of all the other junk and just give
931
00:55:34.880 --> 00:55:36.739
them the few paragraphs of text they came for.
932
00:55:37.909 --> 00:55:41.269
Love it. Well, thanks again, man. I would love to. No,
933
00:55:41.289 --> 00:55:43.070
I love it, man. I'd love to continue our dialogue
934
00:55:43.110 --> 00:55:44.030
as we both progress, man.
935
00:55:44.829 --> 00:55:45.329
Thanks, Ryan.
936
00:55:45.389 --> 00:55:49.369
All right. Thanks so much, man. Wow. Very grateful for
937
00:55:49.409 --> 00:55:53.389
Derek's time today. A few of the key parts that
938
00:55:53.829 --> 00:55:56.860
I thought of. Don't be the type of person who
939
00:55:56.949 --> 00:56:01.219
talks about. what they're going to do. Be the type
940
00:56:01.260 --> 00:56:05.099
of person who actually does it. This was spoken about
941
00:56:05.159 --> 00:56:07.119
when we were on the topic of why you should
942
00:56:07.199 --> 00:56:09.880
keep your goals to yourself. Be a person of action,
943
00:56:10.280 --> 00:56:15.170
a person of accomplishment, not someone who walks around talking
944
00:56:15.250 --> 00:56:18.010
and telling everybody about what you're about to do. Then
945
00:56:18.510 --> 00:56:23.380
the importance of the daily journal. It's very valuable to
946
00:56:23.539 --> 00:56:27.619
document your thoughts and beliefs and your future self will
947
00:56:27.780 --> 00:56:32.710
thank your current self. And then leadership is thinking about
948
00:56:32.909 --> 00:56:36.590
what is in the long-term best interest of of the
949
00:56:36.690 --> 00:56:40.469
people you're leading. And that's how Derek strived and worked
950
00:56:40.849 --> 00:56:43.780
to lead within his business. If you enjoyed this one
951
00:56:43.860 --> 00:56:45.079
as much as I did, I would love it if
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you would share with a friend or two, perhaps one
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that has never listened to The Learning Leader Show. Because
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you continue to do that, you give me the opportunity
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to do what I love on a daily basis. And
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for that, I will forever be grateful. Thank you so much.
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Talk with you soon. Can't wait.