How To Make $100,000/Month Doing What You Love

The Matt Gray Show
21 Apr 202349:22

Summary

TLDRIn this insightful interview, Chris Do, a renowned designer and entrepreneur, discusses the journey of finding one's passion and turning it into a successful career. He emphasizes the importance of mastering a skill, understanding media, and monetization, while sharing his personal experiences and strategies for overcoming limiting beliefs. Chris provides valuable advice on building a brand, embracing failure, and the art of storytelling in business. His vision of empowering individuals to find joy in their work and contribute positively to the world is both inspiring and motivating.

Takeaways

  • πŸ˜€ Building a personal brand requires finding the intersection of joy, energy, and contribution to the world, as well as monetization.
  • πŸ” The journey to success often involves overcoming self-limiting beliefs and finding one's 'ikigai', or reason for being.
  • πŸŽ“ Mastery is foundational, requiring dedication and skill development, but it's not limited to traditional education; it can be in various modern fields like social media marketing.
  • πŸ“’ The second 'M' in Chris's framework is media - understanding how to capture and hold attention, as every individual is a publisher of content.
  • πŸ’° Monetization comes after mastery and media, and it's crucial to find a way to earn from what brings you joy and serves a purpose.
  • πŸ”‘ The 'ikigai' framework helps to find the intersection of what you love, what you're good at, what the world needs, and what you can be paid for.
  • πŸš€ Entrepreneurs should embrace the idea of 'deliberate incompetence' to delegate effectively and not become a bottleneck in their business operations.
  • πŸ› οΈ Systems and processes are vital for a business to run smoothly and for the entrepreneur to have the freedom to explore new ventures.
  • 🎯 Risk-taking is an inherent part of entrepreneurship, and making bold bets can lead to significant growth or change in direction.
  • πŸ“ˆ Business growth isn't linear; it involves periods of stagnation followed by innovative moves that propel the company to the next level.
  • πŸ“š Storytelling is crucial for branding, and defining traits, enemies, friends, and the narrative arc helps in creating a compelling brand story.

Q & A

  • Who is Andrew Tate and why is he mentioned in the script?

    -Andrew Tate is a public figure known for his ability to command attention and focus, even if people don't have to like him. He is mentioned as an example of someone who has become the most searched person on the internet at one point, demonstrating the impact of his presence.

  • What is the 'ikigai' framework mentioned by Chris in the script?

    -The 'ikigai' framework is a concept that helps individuals find the intersection of what they are good at, what they can be paid for, what they genuinely enjoy doing, and what the world needs. It's a tool for finding one's purpose and joy in life and work.

  • What are the 'three M's that Chris discusses in the script?

    -The 'three M's refer to Mastery, Media, and Monetization. Mastery is about acquiring a skill, Media is about capturing attention and creating content, and Monetization is about finding ways to earn from the skill and media presence.

  • What is the importance of 'articulation' in personal development according to the script?

    -Articulation is important in personal development as it helps individuals gain clarity by speaking or sharing their ideas with the world. It's a way to learn about oneself and refine one's thoughts and ideas.

  • How does Chris describe the transition from a service design company to an education and media company?

    -Chris describes the transition as a gradual process where he maintained the existing business while exploring the new venture. He ensured that the existing business could run by itself with the team in place, allowing him to build a runway for the new company.

  • What is the concept of 'deliberate incompetence' as mentioned by Chris?

    -Deliberate incompetence is a practice where a leader or entrepreneur intentionally does not perform certain tasks to allow others to take on those responsibilities. This practice encourages delegation and empowers team members to explore and learn.

  • What does Chris suggest for entrepreneurs who are considering quitting their job to start their own business?

    -Chris suggests that entrepreneurs should first ensure they have a runway of at least six months. They should live frugally, eliminate unnecessary expenses, and save as much as possible. Then, they can start working on their passion project while still employed, until they have enough proof of concept and market demand to make the jump.

  • How does Chris view the process of building a brand?

    -Chris views the process of building a brand as one of discovery rather than creation. He believes that brands are 'found' through understanding the founder's story, the problem they sought to solve, and their passion. This story then guides the brand's development and messaging.

  • What is the significance of having a clear 'enemy' or 'villain' in the brand story, according to Chris?

    -Having a clear 'enemy' or 'villain' in the brand story helps to define what the brand stands against, which can be just as important as what it stands for. This creates a stronger connection with the audience and gives them a clear understanding of the brand's mission and values.

  • How does Chris relate the concept of storytelling in comic books to personal branding?

    -Chris finds parallels between the structure of comic book storytelling and personal branding. Elements such as defining traits, enemies, friends, and the hero's journey can be applied to craft a compelling personal brand story that resonates with an audience.

Outlines

00:00

🌟 Introduction to Andrew Tate and Chris's Impact

The video script introduces a gentleman named Andrew Tate, highlighting his ability to command attention and become a top internet search subject. It transitions into an interview with Chris, who has had a significant impact on the lives and careers of the interviewee's team. Chris is commended for his tools and systems that help people find joy and energy in their work, aligning with their purpose and earning potential. The conversation aims to delve into Chris's journey and his mission to help a billion people find their passion and livelihood intersection.

05:01

πŸ” The Journey to Finding Purpose and Joy in Work

Chris discusses the evolution of career paths and life choices, contrasting traditional views with modern perspectives. He emphasizes the importance of finding joy and purpose in one's work, rather than just focusing on material wealth. Chris introduces the concept of 'ikigai' and the three M's (Mastery, Media, Monetization) as a framework for achieving success and fulfillment. He shares his personal journey, from struggling with traditional career paths to finding his passion in design and entrepreneurship, ultimately leading to his current mission of helping others find their ikigai.

10:03

πŸ—£οΈ Articulation as a Path to Clarity and Personal Growth

Chris and Matt discuss the importance of articulating one's thoughts and ideas as a means of gaining clarity and personal growth. They explore different forms of expression, such as performance, writing, and video content. Chris emphasizes the need to find one's unique voice and style, and to use these to build an audience and community. The conversation also touches on the challenges of starting small and the importance of persistence and gradual growth in building a successful media presence.

15:03

🌐 Building a Content Strategy and Embracing Evolution

Chris shares his approach to content creation, emphasizing the importance of being reactive and adaptable rather than strictly adhering to a long-term plan. He discusses the evolution of his content from focusing on design to addressing business and mindset aspects, reflecting his personal growth and the needs of his audience. Chris encourages founders to be open to change and to let their content strategy evolve organically, mirroring their journey and the culture around them.

20:04

πŸ› οΈ Overcoming Limiting Beliefs and Embracing the Entrepreneurial Journey

The conversation delves into the challenges founders face, particularly in overcoming limiting beliefs and taking bold steps in their entrepreneurial journey. Chris discusses the importance of embracing the process and the need to make big moves when growth stagnates. He shares his experiences with making bold decisions, such as focusing on short-form content and changing enrollment strategies, which led to significant growth. Chris emphasizes the need to be brave, take risks, and learn from failures as part of the entrepreneurial journey.

25:05

🏒 Transitioning from Service Business to Education and Media

Chris details his transition from running a service design company to an education and media company. He explains the process of gradually shifting focus while maintaining the existing business, allowing for a smooth transition without financial stress. Chris advises on managing the 'messy middle' of transitions by maintaining financial security and gradually building the new venture. He also discusses the importance of having a runway and making calculated risks to achieve success in entrepreneurship.

30:07

πŸ’‘ The Importance of Storytelling in Branding and Personal Brand Development

Chris and Matt explore the concept of storytelling in the context of branding and personal brand development. They discuss the need for brands to have a clear story and purpose, drawing parallels with comic book characters and their narratives. Chris emphasizes the importance of identifying villains and defining traits to create a compelling brand story. He also highlights the need for founders to reconnect with their brand's original story to maintain authenticity and relevance.

35:07

πŸš€ Final Thoughts on Entrepreneurship, Branding, and Personal Growth

In the final segment, Chris reflects on his journey and the lessons learned in entrepreneurship, branding, and personal growth. He discusses the importance of making bold bets, embracing failure, and continuously correcting course to achieve success. Chris also emphasizes the need for founders to understand their brand's story and connect it with their personal journey. The conversation concludes with a mutual appreciation for the insights shared and the impact they hope to have on their audience.

Mindmap

Keywords

πŸ’‘ikigai

Ikigai is a Japanese concept that refers to the intersection of four elements: what you love, what you are good at, what the world needs, and what you can be paid for. In the video, Chris discusses finding one's ikigai as a central theme, illustrating it as the foundation for a fulfilling life and career. He mentions his journey and how he helps others find their ikigai by aligning their passions with their professional endeavors.

πŸ’‘Mastery

Mastery, as discussed in the video, is the first 'M' in Chris's concept of the 'three M's' and refers to the idea of becoming highly skilled in a particular area through dedicated practice, often involving the '10,000-hour rule'. It is presented as a prerequisite for success in one's chosen field, emphasizing the importance of expertise before moving on to other aspects like media and monetization.

πŸ’‘Media

In the context of the video, Media represents the second 'M' and is about understanding how to capture and hold attention through various forms of content creation. Chris explains that in today's digital age, everyone can be a publisher, and the ability to create and disseminate media effectively is crucial for building an audience and community around one's work or passion.

πŸ’‘Monetization

Monetization is the third 'M' in Chris's framework and involves the process of converting one's skills, media presence, and audience into a source of income. The video emphasizes that while monetization is important, it should come after establishing mastery and a strong media presence to ensure a solid foundation for a sustainable income.

πŸ’‘Dematerialization

Dematerialization, as mentioned by Chris, refers to the trend of valuing experiences over material possessions. He explains that people are willing to pay more for fewer, higher-quality items that enhance their life experiences. This concept is tied to the video's theme by illustrating a shift in societal values and how it relates to finding joy and purpose in one's work.

πŸ’‘Limiting Beliefs

Limiting beliefs are mindset barriers that prevent individuals from achieving their full potential. In the video, Chris discusses the importance of overcoming these self-imposed restrictions, such as the belief that one must choose between doing what they love and being financially compensated for it. He encourages viewers to challenge and change these beliefs to find a fulfilling career path.

πŸ’‘Content Strategy

Content strategy in the video is portrayed as an evolving process rather than a fixed plan. Chris shares his approach to creating content that is reactive and reflective of his current interests and insights. This strategy is about adapting to new trends, like YouTube shorts, and continuously engaging with the audience by providing valuable and relevant content.

πŸ’‘Transition

Transition, as discussed in the script, refers to the process of moving from one state or phase to another, particularly in the context of career or business evolution. Chris talks about his experience transitioning from a service design company to an education and media company. He emphasizes the importance of managing this transition carefully to maintain financial stability while pursuing new opportunities.

πŸ’‘Risk

Risk is an integral part of entrepreneurship, as highlighted in the video. Chris discusses the necessity of taking risks in business, such as investing in high-quality talent or trying new content formats, even when the outcome is uncertain. He shares examples from his own journey where embracing risk led to significant growth and success.

πŸ’‘Storytelling

Storytelling is presented as a vital component of personal branding and business development in the video. Chris explains how defining one's story, including traits, enemies, and friends, helps in creating a compelling narrative that resonates with an audience. He draws parallels between storytelling in comics and crafting a personal brand, emphasizing the importance of having a clear and impactful story.

Highlights

Andrew Tate's ability to command attention and his impact on internet searches is highlighted as a brilliant example of capturing public focus.

The importance of finding the intersection between joy, energy, and contribution to the world for a fulfilling career is discussed.

Chris emphasizes the journey of discovering one's ikigai and the concept of the three M's: Mastery, Media, and Monetization.

The cultural shift towards valuing experiences over material possessions and its impact on career choices is noted.

Chris shares his personal journey from engineering to design and finding his ikigai through teaching and entrepreneurship.

The Paradox Principle is introduced, suggesting that big things start small and small things start big, challenging conventional thinking.

The idea that public speaking and being on camera are fears that can be transformed into opportunities for growth is presented.

Chris discusses the importance of storytelling in personal branding and how it helps in maintaining a strong sense of self.

The concept of deliberate incompetence as a leadership strategy to empower others and avoid being a bottleneck is explained.

The significance of hiring a team that can collectively outperform the founder's individual capabilities is underlined.

Chris talks about the transition from a service design company to an education and media company without a sudden pivot.

The approach to managing a business while exploring a new venture by maintaining the existing business for runway is shared.

The importance of embracing failure as part of the entrepreneurial journey and making bold bets is emphasized.

Chris describes the process of switching to quarterly enrollments as a risky but successful business move.

The role of storytelling in branding and the connection between a founder's story and brand identity is explored.

The idea that brands are not created but found, and the need to reconnect with the founder's story when a brand loses its way is discussed.

Chris shares the strategy of identifying villains for a brand to create a stronger connection with the audience.

The transcript concludes with a discussion on the importance of getting in touch with the essence of one's brand and personal story.

Transcripts

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there's a gentleman his name is Andrew

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Tate you don't have to like him but you

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have to respect his ability to command

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attention and focus for a period of time

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there he became the most searched person

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on the internet and here's something

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that's brilliant about what he's done

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[Music]

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hey everyone welcome back to the Matt

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Gray show I feel super super lucky to

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have Chris here today and truthfully I

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know I'm not the only one on my team

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that's excited all the designers and

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creators on my team we're thrilled to

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hear that we were having Chris on the

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show he's had an amazing impact on my

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life an amazing impact on the people

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that I work with as well not only their

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lives but their careers and I'm

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extremely excited to be able to dive

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into the tools and the systems that

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Chris has created so thanks so much

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Chris for being here today

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thanks for having me on the show Matt my

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pleasure

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awesome well to Dive Right In A lot of

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people that I work with a lot of the

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founders I'm working with and founder OS

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oftentimes come to me with this kind of

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self-limiting belief thinking that

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there's a trade-off in life between you

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know you either sort of do what you love

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to do but have to sacrifice getting paid

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for that or you you know do what you can

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be paid for but you're not going to

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enjoy it and I think you're a shining

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example of someone that's been through

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your career journey and not only found

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the intersection of what brings you Joy

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what brings you energy but also

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something that you can contribute to the

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world and get paid for and you're not

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only living that yourself but also then

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helping you know with a vision now of

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helping a billion people actually find

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that intersection for themselves as well

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I'd love to just hear a little bit more

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about your journey sort of finding your

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reason for being and how you're going

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and helping others find theirs

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absolutely Matt I believe this and there

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are maybe more than two schools of

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thought but I'd like to reduce it down

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to two two to make it a little bit

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simpler to understand there are people

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that were my parents and people that are

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older them their generation who had an

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operating system about figuring out how

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to do the responsible thing to go do the

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nine to five to clock in and to play it

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safe and there weren't a lot of other

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options and part of that plan was to go

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to university get a degree the higher

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the degree the better the university the

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better opportunities that you have and

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you do that until you're about 65 then

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you retire and then you get to enjoy

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your life and with a lot of things

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happening in the last 20 30 years with

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admins the internet social media there

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seems to be an abundance of different

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kinds of opportunities and when we speak

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to younger people especially Millennials

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they now are more in tune with the

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things that give them Joy they're less

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concerned about having material things

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and when pulled at least in a survey

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form they will eagerly choose to do

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something that has meaning and purpose

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to them than to do something that makes

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more money they're learning to live with

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fewer things and it's in Trend with

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what's going on in the dematerial

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realization of things and what I mean by

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that is

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we now pay more to have fewer things

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the iPhone you know it's only this big

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but it's replacing a camera a GPS maps a

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pager a web browser a laptop it replaces

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so many different things and we're

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willing to pay more to have less so that

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we can have better experiences in our

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lives so I think the culture is already

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moving there whether we want to agree to

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that or not it's already moving there so

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here's the real challenge then to find

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things that give you Joy that spark your

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inner curiosity the things that make you

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get out of bed that Propel you forward

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versus to push you and I think this is a

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really

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uh interesting phenomenon for all of us

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to solve whether you're 12 22 or 99

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years old to find work that you love

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that gives you meaning to give you

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purpose and when you find that to figure

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out a way to make money from it and so

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there's the thing that I'll refer to as

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I'm working on this is still kind of A

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New Concept it's called the three M's

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the first part is Mastery to have put in

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your 10 000 hours to be able to have

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learned how to do something that you're

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skilled at and this is very important

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and in a step that we cannot skip so

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many people see young people achieving

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things online and most of it's not real

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and then they start to tell themselves I

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can skip all the steps I don't actually

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have to be good at anything I can live a

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great life but I think you have to have

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Mastery over some skill now what is that

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skill it's not like what it used to be

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it's not like a four four-year degree in

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an undergraduate studies in in Bachelor

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of Arts or something it could be in

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copywriting or social media marketing it

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could be in Building Sales funnels or

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something like that once you have

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Mastery you move to the second part

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which is understanding that all

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companies companies of one with only one

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employee become media companies that's

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the second M to understand how to use

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and capture attention to create media

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we're all Publishers of content we're

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all media companies and when you can do

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that at scale and be able to tribe and

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Community around that you get to the

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third part which is to monetize so

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begins with Mastery it goes into media

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and then then you can start to think

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about monetization in that order

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sometimes we get the order mixed up and

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it causes a lot of grief for us I love

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that so yeah the order of going from

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Mastery to Media to monetize and so when

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someone's you know they find themselves

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maybe an adventure or working for

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someone and you know they're burnt out

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they're not enjoying it and they want to

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move towards really finding what brings

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them Joy oftentimes I'll Point them to

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the framework of icky guy right and

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helping them find their intersection

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between you know what they're good at

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what they can be paid for what they

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genuinely enjoy doing and what the world

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needs and is a useful framework to then

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finding sort of what's that Center

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intersection of these four quadrants

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that is going to allow you just to jump

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out of bed in the morning and find a job

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that you know you're not looking at the

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clock day after day that it's something

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that you know genuinely brings you Joy

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and is kind of your greater purpose and

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what you can contribute to the world I'm

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curious what's been your journey of

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finding your personal icky guy I did

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what many people who do who are my age

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I'm 51 years old this year right so I

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did what I thought was the right thing

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and I found that that was not a good fit

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for me I did not excel in the

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engineering computer science space that

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was what my brother my older brother was

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very good at and I couldn't even get

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into the schools that I applied to for

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that major so that was the world telling

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me who are you trying to kid at this

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point it wasn't until I found design

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that I started to find some direction

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and got some traction and this is the

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first clue to everyone when you could do

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something without a lot of effort and

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you seem to do it better than other

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people were trying real hard it's a

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really good clue so you could be an

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amazing skateboarder or bmxer or maybe

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you do like cross points pitching or I

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don't know what you do but if you do

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that and you're like barely trying and

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you're like oh my God I'm smoking

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everybody

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that's a good clue what happens is we we

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get really like like we get uh that

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adult voice in us and said I feel

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responsible for us to do that's not

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practical or pragmatic who's gonna ever

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pay for this and you you kind of Silence

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that voice inside of you for a little

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bit and I'm not sure that that's a

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healthy thing to do that's society

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imposing a very specific framework on

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you they say that people who are

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successful people who do well who are

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respected in society don't do things

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like that but that inner creative voice

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and you need to fight all those external

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voices so that that creative person can

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be allowed to explore and find something

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so when you do things that give you Joy

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that you do with relative ease where you

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lose track of time is a pretty good

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indicators to what you should be doing

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so once I found design I went to design

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school I started to excel I started a

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design company and for 20 plus years I

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grew that design company to making

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multi-million dollars every single year

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and I got a lot of creative and

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financial reward from that but that was

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on only one half the equation because I

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was still showing up doing work for

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other people that was fulfilling to me

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to some degree but didn't serve the

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larger need of one-fourth of that

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equation from the ikigai which is what

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does the world need the world does not

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need another commercial or a music video

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we we have to be honest with ourselves

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when we say like yeah it serves a very

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specific purpose but it's not elevating

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Humanity no one ever stayed up late at

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night thinking wow that commercial

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really changed my life rather not in a

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positive way at least they could say

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that commercial really annoyed me you

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know and it's irritating I have to keep

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seeing the same ads over and over so

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when I was able to dovetail teaching my

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other passion with my I guess my

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expertise in entrepreneurship and my

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love for design and production then I

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started to find Mikey guy I love that so

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you have your you know love for design

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and this passion for teaching and kind

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of merging those to find your real

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reason for being now as we move on to

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then that second pillar of figuring out

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this media piece how did your journey

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then go on to sharing your journey with

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you know thousands of people and now

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Millions with the vision now of helping

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a billion people find that intersection

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of you know doing what they love and

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making a living you know how do you kind

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of think about that media piece yourself

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and for those out there that are maybe

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struggling to get started you know what

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do they do okay I I think it is

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sometimes misleading to look at what

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somebody's doing today and assume that

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that's the way it always was yes we do

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have a decent sized following now on

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different social platforms but just

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remember everybody that's great today

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started out somewhere not dissimilar to

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you there was a time when we had a

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couple thousand subscribers to our

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YouTube channel when we would be

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thrilled to get a couple hundred views

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per video and that was exciting for us

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that meant two or three hundred people

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were excited to see it and we're showing

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up on a regular basis to watch our

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videos and we should not take that for

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granted somebody told me this before I

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don't remember where I saw it or heard

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this but if they say if you have a

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thousand or two thousand followers who

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show up pretty regularly to your

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Instagram content to your YouTube or

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your LinkedIn post think about how many

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humans that is inside a space that's a

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lot of people that's enough to feel a

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sizable church or or a large Auditorium

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and we then sit there like well I'm not

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getting hundreds of thousands of well we

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became jaded pretty quickly so what I

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want to do is to tell everybody it's

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very important for you to learn how to

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articulate your thinking your ideas and

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your opinions to other people but it's

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more important that you practice

play10:04

articulating thoughts because you gain

play10:06

clarity through articulation that's a

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quote from David C Baker in this book

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The Business of expertise you gain

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Clarity by speaking or sharing your

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ideas to the world articulation could be

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performance interpretive dance it could

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be music it could be written words like

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you're really good with Twitter or

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Instagram or it could be recording video

play10:23

on YouTube you have to find a lane that

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suits you ideally and we have to be

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really honest with ourselves if you have

play10:29

an amazing voice and let's just say

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you're not that good looking do podcasts

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do voice over work that could be just

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really fulfilling you know I listen to

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those people who have those amazing

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voices like the trailer voice guy I'm

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like wow what is skill that is just by

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opening your mouth you're amazing and

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some people are just very statuesque

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they have high cheekbones and they just

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look good no matter what camera angle is

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being used on them well if they're in in

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that space where they're modeling or

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acting or being a public figure they're

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using that to their advantage so look at

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what your mama gave you what the what

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whatever religion you believe in what

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God gave you and just try to harness

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that because that is what makes you

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unique yeah no I see that a lot with uh

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Founders and I'm guilty of it even in my

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own life sometimes you know you see

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someone that's so much further along the

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journey and you just want to get there

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now and it's very similar to you know

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almost wanting to take the elevator to

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the 10th floor when really you just need

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to focus on taking the stairs and just

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focus on that process of just getting

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one percent better every day you can't

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just fast forward and get to where they

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are now there's a whole journey you're

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not seeing that's got them to there I'm

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curious you know there's a lot of

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Founders that I think deal with you know

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they they know that they have a real

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history on a skill they know they want

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to start building out their personal

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brand building an audience and building

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a community and a livelihood around it

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but there are some of these limiting

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beliefs that they hold that keep them in

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this sort of action sort of paralysis

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mode I'm curious you know you're someone

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that clearly has you know you've taken

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the stairs you've put in just the daily

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action for years now to build a very

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vibrant audience in a community speaking

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globally you've written a book you have

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a YouTube channel of millions of

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subscribers you know what are some of

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these other limiting beliefs that you're

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seeing with Founders and a couple

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strategies maybe to help them overcome

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those yeah this is going to be a big

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reframe and I'm working on a series of

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ideas called the Paradox principles I

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think Paul Arden already wrote or

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already figured out the best title for a

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book and the book is called whatever you

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think think the opposite and I really

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believe that like we think the path to

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getting our fame fortune and whatever it

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is we want in life is to take this

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Express bullet train elevator up to the

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top and Skip all the necessary steps but

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I know this people who are in love with

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the journey in the process will go much

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further and farther than people who just

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want the result because what happens is

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when you don't get the result that you

play12:48

want in the timeline in which you

play12:49

figured out for yourself which is

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artificial to begin with then you get

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frustrated and you get discouraged and

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then you stop and you try something else

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and you can spend 5 10 15 25 years of

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your life going from one thing to next

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never finding a thing that you're good

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at and becoming a jack of all trades and

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not being valued by the world so I think

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what we have to do is take a big step

play13:06

back so one of the Paradox principles is

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big things start small and small things

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start big I want you to think about that

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I want you to process that okay so what

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what did I just say small things start

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big I'll give you an example the hope

play13:19

that most people have when they first

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start in content creation whether you're

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an entrepreneur a new graduate or

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whatever is you want that Viral hit you

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want the dopamine hit you want the

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social credibility the social proof of

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having a monster hit and let's say for

play13:32

whatever reason everything is in

play13:33

alignment the universe is smiling upon

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you right now and that first tweet that

play13:37

first video blows up like crazy and you

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think you're going to be really happy

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and the truth is you're going to become

play13:42

miserable and I'll tell you why so let's

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just think this through your your

play13:45

wildest wishes have come true you've got

play13:47

this monster yet what are you gonna do

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for an encore what is the sequel going

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to be and now you're going to stress out

play13:52

and you're going to do one of two things

play13:54

you're going to make another video or

play13:56

piece of content that is exactly like

play13:57

the first piece of content and it could

play13:59

work and then before you know it your

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pigeonholed into doing something that

play14:03

you don't even love and you feel trapped

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every time you try something new your

play14:07

fans hate you for it and you don't even

play14:09

love this and now you keep showing up

play14:10

forced to make this thing or you're

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gonna have to start all over again so

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it's not even a thing that you want to

play14:15

have happen because there's going to be

play14:16

a period of time which you need to

play14:18

explore in relative anonymity to find

play14:21

your voice the subject matter that you

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want to speak on and your style of

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delivering it and this should happen

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kind of in the cover of night so that

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people aren't overly examinating

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examining what it is that you do and

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being overly critical and saying you're

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stupid I hate your face and I hate your

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voice and don't you know that's not how

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you record video or audio yeah yeah I

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know because it's my third video

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Everybody chill out so I think the way

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to go is to make the commitment to

play14:45

yourself that I'm on a journey of

play14:47

self-discovery of personal development

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and this is just my form of public

play14:52

journaling and it's important for me to

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share my thoughts just so I can learn

play14:57

about myself I was listening to the

play14:59

person his name is ask Vin and he's on

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he's big on Instagram now he's got over

play15:02

a million followers right and then

play15:04

teaches people about public speaking and

play15:06

learning how to use their voice because

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it's such a powerful instrument he said

play15:10

that we all need to practice

play15:11

storytelling and why is that because we

play15:14

need to have a strong story of ourselves

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so that when someone else tells us who

play15:18

we are we have something to compare it

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against so if you know who you are

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because you've practiced telling your

play15:23

story and you've gotten to know yourself

play15:24

when someone says you're an idiot you're

play15:26

a jerk you're selfish you're being

play15:27

greedy well that doesn't align with the

play15:29

story that I know about myself so

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therefore I'm not going to put too much

play15:32

weight and give this too much gravity

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it's not going to tear me down if you

play15:35

don't practice telling your story if you

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don't know who you are you're going to

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ride the High highs you're great you're

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amazing person Matt or you suck you're a

play15:44

scammer you're stupid this is unreal and

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you're gonna ride between the highs and

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the lows the Peaks and the valleys and

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that's no way to regulate your emotion

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in your state yeah I know that's a great

play15:54

example and a great way of looking at it

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I think

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this idea of kind of going from you know

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feeling like you need to produce

play16:01

everything to just more sharing your

play16:02

journey and documenting your journey of

play16:04

self-discovery is a beautiful way of

play16:06

kind of looking at building out your

play16:08

content building out your brand I was

play16:10

actually speaking to a creator with

play16:11

around 30k Subs uh just yesterday and he

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was looking a lot of his videos and

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feeling pretty perplexed around his

play16:18

YouTube content strategy he had a couple

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hits that I got in say a million uh

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views that had brought most of his

play16:25

subscribers but the truth was similar to

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what you're saying Chris he didn't want

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to double down in that area and just

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become known for that content and I

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think felt a little bit pigeonholed of

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recent I've really been trying to get

play16:36

back into the foundations of like why am

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I making content and for me it really

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comes down to helping people and helping

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people solve real problems that they

play16:45

have and I think sometimes in the day

play16:47

and age we live in of followers and

play16:49

Views and subscribers we can get lost in

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just the the root of it all which

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oftentimes is inspiring and helping

play16:55

people and so you know I was talking

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with this gentleman Tom around you know

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let's go and kind of survey your

play17:01

community and what are the problems that

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they're having let's put those into

play17:04

question statements and let the problems

play17:06

that they're having dictate sort of some

play17:08

of the content we're going to produce

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we can find joy in that we can find joy

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in helping people and at the end of the

play17:13

day that's really why you got into this

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in the first place I'm I'm curious as

play17:17

you're sort of building out your content

play17:19

strategy and you're across all these

play17:21

platforms you know and you know you're

play17:24

super far along in your journey I'm

play17:25

curious over the years how you've

play17:27

thought about building out your own sort

play17:29

of like content strategy I I wish I

play17:31

could tell you Matt that there was this

play17:33

amazing three five six year plan on our

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content strategy I'm I'm much more

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reactive in terms of like how I do

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content it's not planned out very far I

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think that's kind of important I I think

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one of the differences in the late night

play17:46

talk show hosts here in America between

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somebody like Jay Leno and David

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Letterman and it's from what I can

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understand is David Letterman will

play17:53

record a week's worth of content in one

play17:55

day whereas Jay would record it every

play17:56

single night because he wanted to react

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and respond to what's going on to be

play18:00

very topical relevant right the audience

play18:02

can't tell but they can feel something a

play18:04

little bit off like why isn't Dave

play18:05

responding to it what just happened on

play18:07

Wednesday or Thursday because it didn't

play18:09

happen for him if he recorded on a

play18:10

Monday or Friday and so I think for me

play18:13

the channel is evolving all the time as

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I'm evolved solving and the channels a

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reflection of me where I'm at my

play18:19

emotional maturity my intellect what

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I've learned and what I care about in

play18:23

this moment so oftentimes people say I

play18:26

remember when this channel was about

play18:27

design well you know what I decided I

play18:29

don't want to talk about design so I'm

play18:31

going to move and I'm I'm gonna do what

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I do because no one's paying me to do

play18:35

this and that is my art form and that's

play18:37

what gives me joy so tomorrow if we want

play18:40

to decide to go back to design because

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that's what gives me joy that's what

play18:44

we're going to do and if people find

play18:45

that to be valuable and entertaining

play18:47

they'll continue to watch and if not

play18:48

that's totally okay too because you know

play18:51

we all grow and sometimes we grow apart

play18:53

sometimes we grow together and I I think

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we have to kind of be faithful to that

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so there isn't a giant media strategy or

play19:00

plan here all I know is I look at our

play19:02

numbers and I ask my team all the time

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what can we do better what is working

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and and where what direction do we want

play19:09

to go in right now everybody's talking

play19:11

about AI chat gbt how it's going to

play19:13

impact the industry so yeah we're going

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to be talking about that we're going to

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dive deeper into that because we're

play19:18

feeling that as well we want to reflect

play19:20

the culture yeah I love that approach so

play19:22

yeah there's an element of it's less

play19:24

kind of written in stone it's very much

play19:25

a dynamic almost growing organism here

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that you're constantly kind of you're

play19:30

watering it a bit you're letting it grow

play19:31

you're looking at some of the patterns

play19:33

of what's working what's not and it's

play19:35

more of a it's a system it's a process

play19:37

versus something that's like written

play19:39

down solidified and stuck to necessarily

play19:41

for a long period of time yeah so what I

play19:44

think people think about is there's this

play19:46

giant forest and that the forest is

play19:48

always one type of tree and it's always

play19:50

going to be one type of density but we

play19:52

know this is not the case when you reach

play19:53

the edge of the force you're going to

play19:55

enter into a different topography

play19:57

different water system and it might be

play20:00

an open grassy plane who knows or it

play20:02

might be really Rocky and Barren for a

play20:04

little bit and so I don't want to go

play20:06

there and and plan my my entire life

play20:08

thinking it's always going to be a force

play20:10

it's always going to be a desert I need

play20:12

to be be prepared to expect the

play20:14

unexpected and adapt up to what's going

play20:17

on the example is this when I started

play20:19

out we talked mostly about design and

play20:21

topography and then as we evolved I

play20:23

found that there were a lot of creative

play20:24

people who were saying to me I know what

play20:26

to do with design there are many

play20:28

resources out there for me to learn that

play20:29

better faster cheaper and I accept that

play20:31

teach me about business how to run a

play20:33

design business because I'm not finding

play20:34

that anywhere so then we're at the edge

play20:37

of one force at the edge of the circle

play20:39

and now we realize there's a whole

play20:40

different world and we start to make

play20:42

more content teaching people about how

play20:44

to run a design business and to my

play20:46

surprise there are a whole lot of people

play20:48

who started showing up it's like we

play20:49

really need this no one else is doing

play20:51

this for us so as I teach them pricing

play20:54

principles negotiation tactics and

play20:56

strategies I feel great but then we run

play20:58

into a new problem and the problem is

play21:00

this and you're pointing to it right now

play21:02

and if people haven't figured it out

play21:04

it's like I can teach you all the tools

play21:06

in life and you will not be successful

play21:08

if you do first do not believe that you

play21:10

could do this so there's a there's a

play21:12

belief system that I have to dismantle

play21:14

in limiting beliefs scarcity my mindset

play21:16

those are the things I need to solve and

play21:18

once I work through that then people are

play21:19

asking me well how do I teach this to

play21:21

others Chris so now I have to like okay

play21:23

what's the next edge of the force and

play21:25

you're going to continue to grow and

play21:27

evolve or you're not and that's okay too

play21:28

you know and I love that lens of you

play21:31

know younger in my career I oftentimes

play21:34

was so focused on outcomes you know

play21:37

growing a business of this much revenue

play21:39

or I'll be successful when I exit and

play21:43

that constant Chase of an outcome while

play21:47

from the outside I looked maybe

play21:48

successful in inside I was dying I often

play21:52

felt like I was a failure wasn't doing

play21:54

enough because the outcome is just a

play21:56

quick moment in time kind of like the

play21:58

edge of the forest you just described

play21:59

but along the way there's this whole

play22:01

journey and when you're so addicted to

play22:04

outcomes that journey is just miserable

play22:05

as I've kind of gotten older I've

play22:07

realized that you know building

play22:08

companies much like life is much more an

play22:10

internal game and Leadership is much

play22:12

more of a habit of mind I'm curious is

play22:14

your kind of you know going and helping

play22:17

Founders out there you're helping

play22:18

designers build their business what are

play22:20

some of those like internal sort of like

play22:22

mindset shifts as well as habits that

play22:24

you think are important and still to

play22:26

have that sort of grounded approach to

play22:28

entrepreneurship I think the thing that

play22:30

separates entrepreneurs from

play22:32

entrepreneurs is they do love the game

play22:34

they just show up to play the game and

play22:36

that's really important to them that the

play22:38

money the success and the fame are just

play22:40

byproducts of the Love of the Game

play22:42

they're there no matter what and they

play22:45

find joy in that and so I think if

play22:48

you're doing something as an

play22:49

entrepreneur that's not getting you out

play22:51

of bed it's it's time to have a hard

play22:53

conversation with yourself to say like

play22:54

why am I doing this why does this matter

play22:56

and sometimes your first second third

play22:58

stab at it isn't the thing that you need

play22:59

to be doing and to be in dialogue with

play23:02

your inner child to figure out like when

play23:04

you were three five seven years old what

play23:07

is it that you love to do

play23:08

and and I'll give you the example here

play23:10

when I ran my design studio I got to a

play23:12

point in which I was starting to phone

play23:14

it in and I started to kind of

play23:18

I started to

play23:20

feel a certain amount of pain showing up

play23:22

to work every single day like I was

play23:24

thinking and counting down the days into

play23:25

which I can retire and walk away from

play23:27

the business if that's not a clear sign

play23:30

I don't know what is right when you are

play23:32

driving up to your own company pulling

play23:34

up to your own parking lot and dreading

play23:36

that day it's time to make a change and

play23:38

I just didn't realize it at the time

play23:40

that there were more options available

play23:41

to me other than the path that I was on

play23:43

in that moment and it took a couple

play23:45

external influences to get me to change

play23:47

my thinking around this and open doors

play23:49

that didn't even know were closed and

play23:51

someone my wife started to plant this

play23:53

seed in my brain which is I know you

play23:55

love to teach could you use your time

play23:57

better to teach more people

play24:00

instead of teaching 7 or 10 students at

play24:03

a time is there a way to do this and I

play24:05

didn't have the answer and then my

play24:06

friend Jose comes into my life and he's

play24:09

like patient should we like try to start

play24:11

an education company together like how

play24:13

does one do that well I think the first

play24:15

part is just to build awareness let's

play24:16

get on to YouTube and I was resistant to

play24:19

that whole idea because I'm like I'm not

play24:21

getting on YouTube so you can see like

play24:23

if you keep an open mind and you're

play24:25

attuned with what it is that gives you

play24:27

Joy and makes you happy then these

play24:29

obstacles or these threatening ideas

play24:32

actually aren't threats but they're

play24:33

invitations to do something new

play24:35

different and Bolder and I'm so glad

play24:37

that my friend and my wife put those

play24:39

seeds in there because they grew into

play24:40

this amazing Garden that I could not

play24:42

have predicted where it was going to go

play24:43

so part of the entrepreneurial journey

play24:45

is to remain curious to keep an open

play24:48

mind to new things and move in the

play24:50

direction of your fears I'm testing out

play24:53

this concept that fears are actually

play24:55

road maps or blueprints they're not

play24:57

something to be that you should run from

play24:59

but run toward words because every time

play25:01

somebody brings an idea that challenges

play25:03

you that kind of offends you or hurts

play25:05

you a little bit it's actually a good

play25:06

indicator that that is probably

play25:08

something that you need to address and

play25:10

resolve in your life and and until that

play25:12

no longer gives you pain and for me it

play25:14

was like public speaking be on camera

play25:16

and inventing a new business model and

play25:18

detaching myself from the old business

play25:20

model which I spent 20 years building so

play25:22

if you remain flexible and Nimble and

play25:24

agile these obstacles that present

play25:27

themselves in your life will not be seen

play25:28

as obstacles they'll become

play25:30

opportunities and I really believe that

play25:31

yeah I love that mindset I think it

play25:33

reminds me a lot of Naval ravacant the

play25:36

idea of easy decisions hard life hard

play25:39

decisions easy life and similarly yeah

play25:42

you know following your fears leaning

play25:44

into the discomfort versus running away

play25:46

from it and I think that you know yeah

play25:48

when we look back on our life and we're

play25:50

doing the rocking chair test when we're

play25:52

85 we'll be most proud of those moments

play25:54

that you know in despite of the fear we

play25:57

still move forward towards the fire and

play25:59

sort of you know stared in the face and

play26:01

lean into those things versus shying

play26:03

away backing down and then living our

play26:06

life with wondering what could have

play26:07

happened if we had just overcome it and

play26:08

maybe face those those obstacles face

play26:11

those fears and and risen to the

play26:13

occasion I'm curious is your kind of I

play26:15

think these transition phases for

play26:16

Founders and humans in general are just

play26:18

so tricky uh the things that like were

play26:20

never really taught how to navigate and

play26:23

from your story too it's interesting

play26:25

like I find it's also hard for humans to

play26:27

understand the opportunity cost of

play26:29

something like you may be working on a

play26:31

company that you've built and you know

play26:33

it's going fine it's putting money in

play26:35

the bank it's not exactly you know what

play26:38

you want to do uh but you know it's what

play26:40

you know you're in that habit of doing

play26:43

it and so you kind of just stick with it

play26:45

not knowing that you know if you had a

play26:47

more abundance mindset there's actually

play26:49

a thousand other things you could be

play26:51

doing that would bring you so much more

play26:53

joy make you so much more money

play26:56

um you just kind of need to be okay with

play26:58

staring that transition in the face and

play27:00

you know being curious and opening your

play27:02

mind to other opportunities I'm curious

play27:04

if you have any other tips for people

play27:05

trying to manage those messy transitions

play27:07

I think that's a really good thing that

play27:09

you bring up there and a lot of times we

play27:12

get caught into patterns and routines

play27:14

really quickly and sometimes they're

play27:17

inherited from our parents in terms of

play27:19

like hey here's a business and we're

play27:21

doing really well don't you want to make

play27:22

all this money and you do that or it

play27:24

could be about a belief system and you

play27:26

get caught up in that so I think it

play27:28

doesn't always have to be like quitting

play27:31

cold turkey and making a hard 90 degree

play27:33

pivot so I want to just explain like how

play27:35

I was able to Pivot from having a

play27:37

service design company to running an

play27:38

education and Media company and

play27:40

oftentimes people are like wait how did

play27:41

this happen so there's the thing that

play27:43

you do right now that pays the bills

play27:45

that keeps the lights on that brings you

play27:46

some Financial Security it's kind of

play27:48

important for you to maintain that but

play27:49

for you not to put all of your emotional

play27:51

and creative energy into it so that you

play27:53

leave some room to explore something

play27:55

else and so for me having run this

play27:58

service design company for 20 or so

play28:00

years at that point is going to run

play28:02

itself now left uncheck it will run

play28:05

itself into the ground but there's a

play28:06

period of time where it can run by

play28:08

itself with the team that I have in

play28:09

place while I work on the next thing so

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during our management meetings which

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we'd have every month or so I would tell

play28:15

the team your job isn't to make a ton of

play28:19

money your job is not to lose money

play28:20

that's it if you can maintain this

play28:22

you'll help me to build Runway while I

play28:24

build another company and when we're

play28:26

ready we're going to have this

play28:27

transitionary period where anybody and

play28:29

everybody is invited to join me on this

play28:31

new Venture now of course this scares

play28:33

people right away right because they're

play28:35

saying Chris no longer cares about the

play28:36

main Mothership how we make money and so

play28:39

some people quit they didn't quit on the

play28:41

day but they did quit eventually and I

play28:43

can tell because they didn't see a

play28:44

future in this other company and I get

play28:46

that a fear-based mindset I got it but

play28:48

once we were able to establish the

play28:50

second company it's kind of like a fader

play28:52

on a mixing board where you're switching

play28:55

from record a to record B and it doesn't

play28:57

have to be this hard thing you could

play28:59

just be very gradual so it took us about

play29:00

two and half years to figure out the

play29:03

business model to make sure there was a

play29:04

good product Market fit and to build a

play29:06

customer an audience base such that when

play29:09

we decided to make the complete switch

play29:11

it wasn't so scary to do and so that

play29:13

messy middle doesn't have to be as messy

play29:15

and as crazy as you think I often advise

play29:17

entrepreneurs who have a job and it's

play29:19

it's a good paying job where they're

play29:20

like oh Chris I'm gonna quit I'm gonna

play29:22

put in my notice I'm like hold on how

play29:23

much runway do you got if you don't have

play29:25

more than six months Runway I suggest

play29:27

you enter into a very lean period in

play29:29

your life where you get rid of every

play29:31

expense that you don't absolutely need

play29:33

and there's lots of stuff that you don't

play29:34

need sell off everything that you don't

play29:36

use and love on a daily basis and then

play29:39

make sure you're living as frugally as

play29:41

possible to extend your Runway and then

play29:44

commit to the next three to six months

play29:46

as to making as much money as you can in

play29:48

your business while you're trying to

play29:49

spend as little so that you can extend

play29:51

the runway in the meantime worthwhile to

play29:54

sound out little trial balloons set up a

play29:56

web page start to work on Crafting your

play29:59

message and creating an irresistible

play30:01

offer and see if you're getting takers

play30:03

for a period of time it'll be very

play30:05

difficult because you'll be essentially

play30:06

working two jobs your day job and your

play30:10

passion job so keep working on that

play30:12

until you get some proof that the market

play30:14

wants this needs it and then you can

play30:16

make that jump and you'll have the

play30:18

runway and you won't be stressed out of

play30:20

your mind yeah I think that's a

play30:21

important uh note there like I related a

play30:24

lot to you're almost like Tarzan on a

play30:27

swing in the jungle you know your

play30:28

existing Vine you're swinging on is your

play30:30

existing job you're going to eventually

play30:32

go and latch on to another Vine in the

play30:34

jungle and that's your new transition

play30:36

that you're making to either starting

play30:38

your own thing or your next thing and

play30:40

then you know eventually slowly you're

play30:41

going to swing to the other and

play30:42

gradually let go of the other end I

play30:44

think you know it can feel uncomfortable

play30:46

but you know yeah if you're managing a

play30:48

Runway properly and you kind of just

play30:50

develop the mindset that hey it's okay

play30:51

this period may feel a little bit weird

play30:53

it may feel like I'm managing quite a

play30:55

few things you know I don't think people

play30:57

talk enough about that that stage but

play30:59

it's an important one that many of us

play31:00

have gone through and yeah you don't

play31:03

want to be making any just rash

play31:04

decisions to quit if the runway's not

play31:05

there you've obviously built a number of

play31:08

businesses now that are you know in some

play31:11

set respects running on autopilot you

play31:13

know you've built systems on them so

play31:15

that they can scale you've hired great

play31:17

teams of people and gotten the right

play31:19

people in the right seats what are some

play31:21

of like the core systems that you think

play31:22

often get ignored when founders are

play31:24

trying to put their businesses on

play31:25

autopilot very good question first of

play31:27

all you need to make sure your

play31:28

operations are in place that you have a

play31:30

good sales and a marketing team those

play31:33

are the three critical parts so you need

play31:35

to have a marketing team so that there

play31:36

are new leads coming in all the time you

play31:38

need a good sales team because those

play31:40

leads have to be converted from warm

play31:41

interest to hot to purchasing and once

play31:44

they're sold you have to deliver on the

play31:45

goods so you need a good operations and

play31:47

a production team and if you have those

play31:49

three parts in place they don't all have

play31:51

to be excellent but at least you can run

play31:53

the company to a degree in which you

play31:55

don't have to be Hands-On you don't

play31:56

become the bottleneck for everything one

play31:58

thing that I practice is deliberate

play32:00

um incompetence right like I know how to

play32:03

do lots of things but if I do all those

play32:05

things basically everybody will give me

play32:07

all of their work to do so I want to

play32:09

practice deliberate incompetence and say

play32:11

you know what I don't know how to set

play32:12

this email server up I don't know how to

play32:14

write this marketing campaign can you do

play32:16

this and then people do and you give

play32:18

them a space to explore to learn fully

play32:20

realizing accepting that they'll never

play32:22

do it as good as you and that's not the

play32:24

point of hiring people they will do it

play32:26

their way and if they're 80 of what you

play32:28

would do that's 80 more than you would

play32:30

have done by yourself and so if you hire

play32:32

enough people the sum of everybody's

play32:34

effort and input will be greater than

play32:35

yours and I want entrepreneurs to get

play32:38

over this idea right because a lot of

play32:40

times people will not delegate their

play32:42

workload to someone else because they

play32:43

keep thinking I'm I'm the most capable

play32:45

of doing this when you can say that and

play32:47

it's real and it's truthful it means

play32:49

you're hiring lower quality Talent this

play32:52

is where where guy Kawasaki talks about

play32:53

this he says a players hire a players b

play32:57

players hire C players they hire people

play32:59

worse than them because they don't want

play33:00

to be shown up and so they just inherit

play33:03

more work or the third thing is you just

play33:06

don't pay enough money so you're not

play33:07

really attracting the right kinds of

play33:08

people and the last one is a mindset

play33:10

thing which is do you truly believe

play33:12

given any specific task you are the only

play33:15

and the best person in the world to do

play33:17

this probably not my designer friends

play33:20

struggle with this concept like you're a

play33:22

good designer are you saying there's no

play33:23

designer that is better than you well

play33:25

I'm not saying that well you're good at

play33:27

illustrating are you saying you're the

play33:28

best no I'm not saying that either but

play33:30

you act like it so why don't you go out

play33:31

there and find the best designers and

play33:33

illustrators to work with who don't want

play33:35

to take on the risk of Entrepreneurship

play33:36

don't have that drive but are excellent

play33:39

and have and have Mastery over their

play33:42

skill why don't you hire them give them

play33:44

a great paying job treat them well give

play33:45

them a lot of autonomy and everybody

play33:47

wins in that way yeah you bring up an

play33:49

interesting aspect that I think a lot of

play33:50

people struggle with too which is you

play33:52

know use it maybe a specific example you

play33:54

know we all want to go and hire the best

play33:56

you know and we want to go and hire

play33:57

those a players early on though when

play33:59

you're just getting started oftentimes

play34:01

it's difficult to hire that caliber of

play34:03

person so for example you know you may

play34:05

be starting off you're building your

play34:07

business you're seeing all these amazing

play34:09

Brands being created by baby some of

play34:10

your favorite branding agencies and

play34:12

you're like that's the kind of brand I

play34:14

want to have and I know the kind of

play34:15

people I want to do that but I got 20K

play34:18

in the bank right I'm curious you know

play34:20

what that specific example of you know

play34:22

you want this kind of high-end brand but

play34:24

you're at where you're at with only 20K

play34:26

in the bank how do you kind of navigate

play34:28

that decision given your resources there

play34:31

are two options that you can do if

play34:32

you're a good practitioner and you're a

play34:34

good teacher and entrepreneur what you

play34:36

do is you hire someone who has a lot of

play34:38

potential but is raw and unrefined and

play34:41

they're like that diamond in the rough

play34:42

and you bring them in then you coach

play34:44

them up so together you can do something

play34:46

that's really good they'll get you 70 of

play34:48

the way there and through coaching or

play34:50

just you getting your hands in the work

play34:51

itself you can get it to 100 let's take

play34:54

copywriting for example you can say you

play34:55

know what we need to write

play34:57

um we need to create a campaign to

play34:59

Market this company I want you to go

play35:01

back and I want you to write up a

play35:02

hundred headlines and I want you to

play35:04

write a couple different strategies and

play35:06

just go through that you give them

play35:07

feedback and say okay I love these none

play35:09

of these are working let's try again you

play35:10

know until you get to that a place where

play35:12

you both can see like wow that's really

play35:13

good we love that so that you only have

play35:15

to step in and intervene at very

play35:17

specific points in time and allow that

play35:19

person to explore and come up with ideas

play35:21

the two of you can work together if

play35:23

you're strapped for cash I recommend

play35:24

doing it that way there's a different

play35:26

way to do this though which is to say as

play35:28

the entrepreneur you're supposed to take

play35:30

all the risk because as Peter Drucker

play35:33

has said all profit comes from risk so

play35:35

what I would do in some instances I

play35:37

would say I need to hire that company

play35:38

they're going to make more money on this

play35:40

job than me in fact I might not even

play35:42

make any money at all because I'm just

play35:43

going to buy the talent and people will

play35:44

say well that's irresponsible as an

play35:46

entrepreneur you're supposed to run

play35:48

every job profitably I don't think so

play35:50

especially when you're starting out if

play35:51

you hire that company or that person

play35:53

that can do this work at a very high

play35:55

level and it's a gamble keep in mind

play35:57

they hot they knock it out of the park

play35:58

for you you got two things going for you

play36:00

now you have definitive proof that your

play36:03

studio your company your agency has been

play36:05

able to do work at that a level which

play36:07

you've always admired you just bought

play36:09

the talent for for a very affordable

play36:11

price at this point and you get to say

play36:13

especially if it's a name brand person

play36:15

we got Jane Smith to work on this you

play36:18

know like we have that reach and we can

play36:20

pull out the best artists in the world

play36:22

to work with us the best writers the

play36:24

best editors and the composers to work

play36:26

with that's the kind of talent pool I'm

play36:27

working with and so those become tools

play36:30

or things within Your Arsenal to be able

play36:32

to go out and sell better and if you

play36:34

continue to do this what you're doing

play36:35

what you're going to do is you're going

play36:36

to continue to trade up until you can

play36:39

work with the Nikes of the world and be

play36:41

able to have a serious conversation with

play36:42

them and show that we have ample

play36:45

evidence and proof that we can do this

play36:47

and play at the highest levels yeah I

play36:49

love that way of looking at it I mean

play36:50

yeah at the end of the day the profits

play36:51

come from you know taking risk and every

play36:53

decision you make as a Founder is a bet

play36:56

and our job is to you know you make

play36:58

those bets and uh you know sometimes you

play37:01

know you just need to be bold and and

play37:02

stared in the face and kind of make

play37:04

those bets that you believe in to kind

play37:06

of level up I'm curious as you've been

play37:07

building the future and I really really

play37:10

resonate uh with this vision of helping

play37:12

a billion people find you know what they

play37:15

love to do and make a living from it

play37:16

what are maybe you know one of those

play37:18

bets that stand out over the last few

play37:20

years that's been a bit of you know

play37:22

something that kind of you know made you

play37:24

shake in your boots maybe a little bit

play37:25

but you know you made the BET and it was

play37:27

a bit of an inflection point or

play37:28

something that really paid off you know

play37:30

every time we have a flat gear where we

play37:33

look at a revenue preview again compared

play37:35

it to the previous year and we're not

play37:37

really growing by much those are times

play37:39

in which you're going to see me make

play37:40

some big moves right so what happens is

play37:43

and I learned this from my business

play37:44

coach is that we think Business and

play37:46

Entrepreneurship is kind of a linear

play37:48

graph that if you just keep doing what

play37:49

you do you're just going to keep going

play37:51

up but in truth it looks something like

play37:52

you're going to have a little bit of

play37:54

like that hockey stick growth and then

play37:55

it's going to Flatline for a while and

play37:57

what gets you to the next level isn't

play37:59

doing the same thing over and over again

play38:00

as that expression goes what got you

play38:02

here won't get you there and this is the

play38:04

mistake that a lot of entrepreneurs make

play38:05

they just tried to grind and squeeze out

play38:07

every single thing that they keep doing

play38:09

well to see if they can get to that very

play38:10

next level you can't it's a whole nother

play38:12

game different levels of competition you

play38:14

need to hire different teams you need to

play38:16

think and behave differently so we have

play38:18

had many moments where we go like this

play38:19

and we Flatline and then we would try

play38:22

something else and then we have another

play38:23

growth I'll give you a couple of

play38:24

examples let's talk about content for a

play38:27

second I remember my friend my internet

play38:28

friend at that time Brian Elliott he and

play38:31

I were talking he has a channel called

play38:33

behind the brand he goes Chris you know

play38:36

you should really be utilizing shorts

play38:38

right now I'm like yeah I see them

play38:39

popping up is this the thing he goes yes

play38:41

and you need to do X Y and Z and you got

play38:43

very like tactical with me like this is

play38:45

what you need to do after the call I

play38:46

called up my team say everybody I want

play38:48

for the next month for us to just pump

play38:50

out shorts and here's what you need to

play38:51

do and I gave them the exact same thing

play38:53

that Brian told me to do on my team

play38:54

keeps working on this and I said stop

play38:56

doing whatever else you're doing just

play38:57

work on short and they do it they don't

play38:59

believe in it because it's like vertical

play39:00

video that's stupid it's a minute long

play39:03

how do we tell the story how do we teach

play39:05

anything and then keep doing it and

play39:06

doing it and we're not going anywhere I

play39:08

don't remember about 21 days into it

play39:10

we're having a meeting and then Chris do

play39:12

you still want to keep doing this should

play39:13

we abandon ship and go somewhere else he

play39:15

said yeah keep doing it let's see what

play39:16

happens I swear to you two or three days

play39:18

later a mo who's on the channel quite a

play39:21

bit he's like Yo dude are you seeing

play39:22

this video I'm like what video this

play39:24

video does taking enough like no and I

play39:26

keep looking for it and I'm like I only

play39:28

see this other video that's got 400 000

play39:30

views the one that you said has 200 000

play39:32

I can't find I wonder what's wrong it's

play39:34

because in the time in which he decided

play39:36

to call me and when I looked at the

play39:37

video again it had grown by 200 000

play39:39

views we've never had anything grow that

play39:41

fast it was our first bona fide viral

play39:44

hit and then I am so excited I'm like

play39:46

calling the team like you see everybody

play39:47

you want to quit you want to quit before

play39:49

it gets good and what we have to do is

play39:51

say we have to believe enough in our

play39:53

plan that there's an opportunity here

play39:55

and instead of quitting when things

play39:57

don't work we have to figure out what we

play39:58

need to do to make it work and in that

play40:00

year we grew by almost a million

play40:02

subscribers mostly due to shorts and

play40:04

that's just one example and there are

play40:06

many many examples like this I'll give

play40:07

you another example from a business

play40:08

point of view I told my operating

play40:10

officer Ben we need to switch over from

play40:13

monthly enrollment to quarterly

play40:14

enrollment and we're going to close down

play40:16

the times in which people can enroll in

play40:18

our coaching program it's like okay so

play40:19

like on the eve of us flipping the

play40:21

switch he's like Chris I need you to

play40:24

look at some data

play40:25

and he's going through line by line he's

play40:27

very good at doing this he's like you

play40:28

know here's the churn rate for everybody

play40:30

that joins us on a monthly basis 25 of

play40:32

them stay on and they stay on for four

play40:34

months my fear is if you force people to

play40:37

join on a quarterly basis and you close

play40:39

down the enrollment period to a week the

play40:41

first week of every month we're not

play40:43

going to have any business and they said

play40:45

to them Ben I hear you you make a lot of

play40:47

sense this is really strong stuff that

play40:49

you're saying here but let's just roll

play40:50

the dice let's see if it works and he's

play40:52

like okay and you know what we sold more

play40:54

enrollments than we ever had in that

play40:56

period and he called me up right away

play40:58

he's like I was wrong I was wrong boss

play40:59

I'm like cool so this is what I'm

play41:02

talking about like when you need to make

play41:05

some big Innovative move in order to

play41:08

grow your company to the next level

play41:09

you're gonna have to try lots of weird

play41:11

things that are not going to work we

play41:13

have this explicit agreement with each

play41:15

other we want to make a lot of small

play41:16

bets and I'm willing for seven or eight

play41:20

out of ten of them to fail totally we

play41:22

just need two ideas to work and so we're

play41:24

not sitting there thinking we'll never

play41:26

try a new idea because we're afraid of

play41:28

failure in fact we Embrace failure as

play41:30

part of it and we say you know it could

play41:32

blow up on our face it'll be okay but we

play41:34

we have to be willing to try to be brave

play41:36

enough to try yeah no I have a similar

play41:37

story that really influenced my approach

play41:39

to building things you know when you

play41:41

look at the first mission to the moon

play41:43

and you look at the line of when people

play41:45

when they took off from Earth and then

play41:48

when they made it to the moon people

play41:50

think that it was just this kind of

play41:51

straight line there but when you

play41:53

actually looked at the trajectory of it

play41:55

it's just a wobbly line that's up and

play41:57

down up and down up and down thousands

play41:58

of times all the way to the moon and the

play42:01

mission was successful and it wasn't

play42:02

because you know they calculated it

play42:04

perfectly and they went from A to B as

play42:06

efficiently as possible the reason why I

play42:07

was successful is because of Correction

play42:09

you know constantly kind of like when

play42:11

the moments were down they corrected it

play42:13

to get it back on track and when they

play42:14

went off track back to on track and this

play42:17

kind of continual process of of

play42:18

correcting things and getting things

play42:20

back on track letting things break and

play42:22

then fixing them is oftentimes an

play42:24

overlooked part of the whole sort of

play42:26

founder Journey one thing you've touched

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on a lot too which I think is another

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thing that people lose track of or

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they're they struggle with is this

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concept of Storytelling I think that

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Founders are oftentimes building a brand

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and then when they think about their own

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personal story their personal brand

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they're not sure how these two things

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connect and are interwoven and from a

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lot of the talks and the content that

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I've consumed from you Chris you know

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I've learned a lot about things like you

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know defining traits enemies friends and

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you know how this these are kind of

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defining elements of a story and I know

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you know as a younger man you're you've

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kind of grew up with this passion for

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for comic books Marvel and curious kind

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of how you look at like the founder

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journey and weaving that into your brand

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I think I was talking to one of my uh

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friends Tim molini who's like uh the

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chief strategy director for one of these

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large multinational conglomerates and he

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said you know Brands aren't created

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they're found and they're the word found

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is very important because in the word

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found as Founders you know it's like

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they're connected so when people are

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like we're going to create a brand

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brands are not created we have to go

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back and figure out why this company

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exists in the very beginning so if you

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go back in time you say at some point

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somebody found a problem and they wanted

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to provide a solution and they were very

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passionate and they made this their

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thing to solve and they worked on this

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and as they became more successful they

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would hire more people it would start to

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grow and grow and to such a point the

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founder doesn't even know who works

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there anymore they're no longer

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connected and if you just do this over

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years and decades eventually we forget

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who the founder was really and what

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their story was about and they lose

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their way they literally lose their way

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and the people who grew with that brand

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say like this no longer reflects what's

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going on like this car company no longer

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stands for excellence in engineering it

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no longer stands for this kind of

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performance and they then grow out of

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love they fall out of love with the

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brand and they lose their customers then

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they lose their way and then you'll see

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for a period of time the financial

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reports will be great they'll Flatline

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and they'll go and Decline and that's

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when they start to freak out so they

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bring in external Consultants to come in

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and help them to ReDiscover the

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Founder's story to point them back in

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the correct direction then they'll trim

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their product line they'll change their

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messaging they might go out with open

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hands and say we're sorry we messed up

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we've lost our way we're going to find

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our way back and thank you for sticking

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in there with us there was a great

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campaign the Domino's Pizza did to bring

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back their customers they had heard so

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many complaints about their crappy Pizza

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that they spent an incredible amount of

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time energy and money to re-engineer the

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pizza so that they think it's good and

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what they did and they did this pretty

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cool they would go to a bunch of

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influencers they're like we're just

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going to give you pizza if you love or

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hate it let us know and they started to

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change people's mind about this and so

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like Domino's lost their way they became

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more about efficiency and getting you a

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pizza that tasted like cardboard and

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today you know like I'm not ashamed to

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say it like I actually like dominoes now

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you know they fix some problems the best

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pizza in the world no it's not but it's

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a vast improvement over the way it used

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to be made and that's getting in touch

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with that now when we talk about

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branding it's a buzzword it's

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misunderstood and I'm trying to find a

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fun way to explain very complex Concepts

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in a way that people can it's like yeah

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I can relate to I understand that and so

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I find all these parallels between

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comics and this way they're structured

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and in the development and the telling

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of a personal brand lots of parallels

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I'll give you a couple I know you know

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some of them but since giving that talk

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it's evolved several iterations okay the

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first thing that you need to know is the

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most popular characters in pop culture

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and media and in comics have an

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incredible cast of villains some would

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say the villains have to be better than

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the hero because it gives us something

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to root for the better the villains the

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deeper our connection with the hero and

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so many of us on social say like well

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I'm all for this sunshine in kittens and

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love and peace well you're saying things

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that are true but pretty useless and the

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rear boring so it's a much better

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strategy to say like I'm for this but

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I'm really against this to identify who

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the villains are and we need to find our

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arch nemesis the exact mirror and polar

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opposite of who we are so if you stand

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for sustainability you need to look at

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companies who are truly destroying the

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planet and call them out by name there's

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a gentleman his name is Andrew Tate you

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don't have to like him but you have to

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respect his ability to command attention

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and focus for a period of time there he

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became the most searched person on the

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internet and here's something that's

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brilliant about what he's done whenever

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he gets into a little bit of trouble he

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says it's the Matrix and it's code word

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for all of us like we're like are we

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living in The Matrix are we being

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controlled and manipulated and he Taps

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into something without explaining to us

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what it is and whenever he's asked in an

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interview what is the Matrix he goes the

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Matrix is everywhere he's like literally

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repeating lines from the film it's all

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around us and nobody wants to be

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imprisoned especially in America where

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we value and change Champion freedom and

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free will you just have to see the

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Matrix and we have a reaction so every

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time something bad happens to him he's

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like the Matrix try to shut me up the

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Matrix tried to cancel me and they could

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not do it so he's tapping into something

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right and other companies have done this

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really well take for example Dr Squatch

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you know Dr Squatch is Soap Company yep

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okay Dr Squatch came out with his viral

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ad and the one that got me involved in

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in terms of becoming a customer was like

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you know you're a man you're not a dish

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I'm like what and you throw a dish

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against a rock you're like you know

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there's big soap and they're full of

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detergents and chemicals and you're not

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a dish and so they created an enemy out

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of nothing like there was no such thing

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as big soap are you kidding me so they

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used language that we're familiar with

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big tobacco Big Oil right and as as an

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independent person who championed small

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Brands and and like loving the rebel

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Spirit we hate anything that's big so

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all you have to do is call it Big and

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you're done and again they trigger a

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response in us and I'm like you know

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what I don't know if I need a new bar of

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soap but I'm against big soap for sure I

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am it's not going by the soap and I've

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been a subscriber for years now sold

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um no I love that quote too of you know

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brands are found and I agree our job as

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Founders is to get in touch with that

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story and and to get in touch with the

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essence of Our Brands

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um Chris this has been a ton of fun I've

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learned a ton and I appreciate you

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sharing all these stories these systems

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these tools with the community

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um folks if you're interested in

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learning more from Chris you be sure to

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check out his YouTube channel be sure to

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check out the future and also his book

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Pocketful of dough

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um Chris uh thank you so much for being

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here today it's been a ton of fun and

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I'm super grateful for you and all your

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contributing to the world it means a lot

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to me and I know my team is a massive

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fan as well so thank you so much thanks

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Matt keep doing what you're doing I

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think you're trying to help a lot of

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people as well and say hi to the team

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for me awesome thanks Chris

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