Day 1 Part 1 | May 2024 | Dan Peña QLA Castle Seminar

Summary

In this video transcript, the speaker discusses the challenges of achieving success, touching on topics such as self-esteem, self-worth, and the importance of following a structured process. He emphasizes the rarity of true wealth accumulation, sharing personal anecdotes and observations about the discipline required to succeed. The speaker also addresses the difficulty of rewiring one's mindset, especially for professionals with ingrained thought patterns, and candidly shares his own experiences, including a dramatic story about his father's anti-drug message.

Takeaways

• 📚 The speaker emphasizes the importance of subscribing to their channel for success tips and strategies.
• 🧠 The speaker discusses the psychological aspects of success, such as overcoming insecurities and building self-esteem and self-worth.
• 💼 The speaker highlights the need for discipline and commitment, using the example of Winston, who is more disciplined than the audience.
• 🤔 The speaker questions the audience's growth and maturity, suggesting that some are still struggling to become adults.
• 💰 The speaker defines wealth in terms of net worth, stating that $30 million is generally considered wealthy, but they personally consider $100 million to be wealthy.
• 🏆 The speaker challenges the audience by stating that becoming wealthy is as difficult as becoming an Olympic gold medalist, but it is achievable with enough desire.
• 📈 The speaker shares that the quickest deal they've seen was completed in 26 days, showing that success can be achieved relatively quickly with the right approach.
• 👥 The speaker mentions that some attendees, like Amber from the Netherlands, have stood out by being the first to complete a deal in their class.
• 🚫 The speaker warns against complacency and the dangers of not following the steps outlined in the seminar, which can lead to failure in achieving success.
• 👨‍👧 The speaker reflects on the upbringing of wealthy children, like Baron Trump, and the challenges they face in leading a normal life.
• 🔧 The speaker's role is to rewire the audience's thinking, which is crucial for success but can be difficult for professionals like engineers and doctors.

Q & A

What is the main theme of the speaker's discussion?

The main theme of the speaker's discussion revolves around the concept of success, self-improvement, and the challenges faced in personal and professional development.

What does the speaker imply about the attendees' level of discipline compared to Winston?

The speaker implies that the attendees may not be as disciplined as Winston, suggesting that discipline is a key factor in achieving success.

What is the significance of the 'homework' mentioned by the speaker?

The 'homework' mentioned by the speaker seems to be a task or exercise given to the attendees to work on, possibly related to self-reflection or goal setting.

What does the speaker suggest about the attendees' emotional bank account?

The speaker suggests that some attendees have a limited emotional bank account, which may affect their ability to handle stress and challenges in achieving success.

How does the speaker describe the process of becoming wealthy?

The speaker describes the process of becoming wealthy as not being about following steps blindly but rather about understanding and applying them effectively to one's own situation.

What is the speaker's view on the importance of money in tracking success?

The speaker believes that while money isn't everything, it is the primary metric by which people track success, especially in the context of wealth accumulation.

What does the speaker mean by 'the only goal I have for Danny is that for him to keep him alive until he reaches the age of reason'?

The speaker is using a metaphor to express that maturity and reason can be achieved at varying ages, and the primary concern is ensuring survival until one reaches a level of understanding and wisdom.

What is the significance of the speaker mentioning Amber, a young lady from the Netherlands?

The speaker uses Amber's story to illustrate that determination and confidence can lead to success, even when faced with skepticism or competition.

What does the speaker suggest about the attendees' potential for success?

The speaker suggests that the attendees have the potential for success but may be held back by their own insecurities, lack of self-esteem, or failure to follow through on steps to achieve their goals.

How does the speaker address the topic of being 'okay' and the assumption of others about his well-being?

The speaker points out that people often assume he is 'okay' based on his demeanor, but this is not always the case. He emphasizes the importance of acknowledging and addressing one's own struggles.

What is the speaker's stance on the idea that 'change can be instantaneous'?

The speaker believes that change can indeed be instantaneous if one truly desires it, using his own experience and the example of Steve Jobs to illustrate this point.

Outlines

00:00

😌 Reflections on Personal Growth and Success

The speaker begins by discussing personal growth and success, referencing past conversations and the importance of discipline. He mentions the significance of self-esteem and self-worth, and how common questions often stem from insecurities. The speaker also touches on the topic of wealth accumulation, sharing his views on what constitutes wealth in today's society and reflecting on the maturity of the audience, suggesting that some may still be struggling to become 'adults' in terms of emotional and financial stability.

05:01

😠 The Struggle with Following Through on Commitments

In this paragraph, the speaker addresses the common issue of not following through on commitments, particularly in the context of business deals. He emphasizes the importance of doing things right and criticizes those who fail to secure financing as not having done their job properly. The speaker also discusses the rarity of billionaires who have not attended seminars, suggesting that success in business is not just about attending such events but also about personal drive and action.

10:02

🤔 The Reality of Personal Development and Achievement

The speaker delves into the harsh realities of personal development, stating that while many people are told they can be anything they want, this is often not the case. He uses the example of Olympic gold medalists to illustrate the difficulty of achieving exceptional success. The speaker also shares anecdotes about his experiences, including the story of a young woman named Amber who was the first in her class to complete a deal, highlighting the importance of perseverance and action over empty promises.

15:03

😔 The Challenges of Raising Children in Wealth

Here, the speaker discusses the difficulties of raising children in a wealthy environment, using the example of Donald Trump's son, Baron. He reflects on his own children's upbringing and the potential for them to be spoiled due to their privileged lifestyle. The speaker also shares concerns about the safety of wealthy children, mentioning the precautions he has taken to protect his own.

20:03

😳 The Importance of Instant Change and Personal Accountability

In the final paragraph, the speaker talks about the ability to change instantly if one desires it enough, using his own experiences and the story of Steve Jobs as examples. He emphasizes that people often assume he is 'okay' because of his demeanor, but this is not always the case. The speaker concludes by discussing the importance of personal accountability and the impact of his father's stern anti-drug talk on his own life choices.

Keywords

💡Success

Success in the context of the video is portrayed as a state of achieving wealth and personal growth. The speaker emphasizes the importance of discipline, self-esteem, and self-worth in achieving success. For example, the speaker mentions that despite discussing these topics for 30 years, the fundamental aspects of success remain the same, indicating the timeless nature of these concepts.

💡Insecurities

Insecurities are personal doubts and fears that can hinder one's progress towards success. The speaker points out that the questions asked by the audience often reflect their insecurities, which can be a barrier to achieving their goals. The video suggests that overcoming insecurities is a part of the journey to success.

💡Self-esteem

Self-esteem refers to the value and respect one has for oneself. The speaker mentions that a lack of self-esteem is a common issue among the audience, which can affect their ability to perform and achieve success. It is implied that building self-esteem is crucial for personal development and success.

💡Wealth

Wealth in the video is discussed as a measure of success, with the speaker defining it in terms of net worth. The speaker distinguishes between different levels of wealth, such as $30 million being considered wealthy by some standards, but personally considering $100 million or more as truly wealthy. The concept of wealth is central to the video's theme of success.

💡Discipline

Discipline is the ability to control one's behavior and emotions and to follow a specific pattern of action. The speaker contrasts the discipline of one individual, Winston, with the audience, suggesting that discipline is a key factor in achieving success. The video implies that without discipline, success may be unattainable.

💡Evolution

Evolution in this context refers to the personal growth and development of individuals over time. The speaker questions whether humans have evolved or improved in their ability to achieve success, suggesting that the speaker believes there is still much room for growth and improvement.

💡Emotional Bank Account

The 'emotional bank account' is a metaphor used by the speaker to describe the capacity one has to handle emotional stress and challenges. The speaker notes that some people have no emotional bank account, meaning they lack the resilience to deal with setbacks, which is a critical component for success.

💡Deals

In the video, 'deals' refer to successful business transactions or ventures that contribute to wealth accumulation. The speaker discusses the importance of doing deals as a measure of success and a way to prove one's capabilities, with examples of individuals who have completed deals quickly.

💡Maturity

Maturity in the video is associated with the ability to handle adult responsibilities and challenges. The speaker suggests that some individuals in the audience are still struggling to become mature, which is necessary for achieving success and dealing with life's complexities.

💡Hologram

The speaker mentions the development of a hologram as a future tool for coaching, indicating a transition from traditional in-person interaction to a more technologically advanced method. This concept is used to illustrate the speaker's forward-thinking approach to coaching and the evolution of teaching methods.

💡Rewire

To 'rewire' in the context of the video means to change one's thought patterns or mindset. The speaker's job is to rewire the audience's thinking to help them achieve success, especially for those with fixed mindsets such as engineers or scientists, which can be challenging but not impossible.

Highlights

The speaker emphasizes the importance of subscribing to their channel for success tips.

Mentions practicing with Winston and the need for discipline among the audience.

Discusses the commonality of insecurities, lack of self-esteem, and self-worth among people.

Suggests that people often fail to achieve success due to not following the necessary steps.

Reflects on the lack of growth in human nature and questions Darwin's theory.

Shares personal anecdotes about dealing with emails and the importance of doing deals.

Highlights the emotional bank account concept and its limitations.

Talks about the struggle of becoming an adult and the goal of reaching the age of reason.

Discusses the importance of accumulating wealth and the definition of being wealthy.

Mentions the rarity of billionaires and their attendance at seminars.

Shares a story about a girl whose mother had a heart attack during a seminar.

Talks about the need to follow the steps and the consequences of not doing so.

Reflects on the difficulty of rewiring the mindset of engineers, accountants, lawyers, and doctors.

Mentions the speaker's experience with EST and the concept of jelly rolls.

Discusses the speaker's personal life, including having the longest limo in Texas.

Talks about the challenges of raising children in a wealthy environment.

Shares a story about a young lady named Amber who was the first to do a deal in her class.

Reflects on the speaker's coaching style and the importance of holding people accountable.

Discusses the speaker's belief in the difficulty of becoming successful and compares it to becoming an Olympic gold medalist.

Talks about the speaker's future plans, including the development of a hologram for coaching.

Transcripts

learn to be super successful subscribe

to my channel

Mead last night um or yesterday

afternoon when I was talking to some of

you uh I I alluded to it a little bit

last night before I left you to for the

homework by the way that's the seat you

sit in in my office when it's one-on-one

and I was practicing with Winston and

uh yeah but he's he's more disciplined

than you

um I was asked by a couple of you of the

six I saw um these are my words these

aren't the words of you guys have you

always been like

this in

essence um and I didn't even have to

think about it say

yeah and uh because the line of

questioning again as I said last night

um either directly or indirectly go back

to your insecurities your lack of

self-esteem your lack of

selfworth you're going to see a jillion

people that have done it and but can you

perform blah blah blah blah okay I could

beat that to death forever and even

though I've been beating it to death for

30 years the results aren't any

different so H how far have we U grown

as a homo sapien or

whatever was Darwin wrong uh I think

darwi one was wrong but anyway that's I

could give a whole lecture on that um

and the

uh and normally I get a uh a plethora of

emails about I meant to send you this Mr

P but I've done this deal it's my fourth

deal my eighth deal 16th deal 21st deal

third deal etc and I tell you at the end

of the salar just as I'm going to tell

you right now uh I'm not interested in

talking to you uh but I would be

interested in hear when you do your

first deal

um the um but that's the extent and uh I

alluded to it last night there are no

emergencies and I told you about the

girl that her mother had a heart attack

here at the seminar not here at the

seminar but while she was at the seminar

and I didn't know about it till later

and I was and then I had coffee with her

a few weeks ago in Las Vegas and I was

all thrilled to death about it because

you have the tools already last night at

dinner uh the two young men that the

Sally and I sat with and we'll sit with

different people every every night um

the

U and I'm going to ask a question soon

as I get finish this little sentence uh

one of them had already started had a

chairman had Dream Team y yada which I

tell you not to um because you're not

going to follow the steps and I I ran

and RAV like a psychopath last night

about how come I know you're not going

to follow the steps well then at dinner

the guy that sat next to me didn't

follow the [ __ ]

steps and that's why he's

here um and because your emotional bank

account is only so big some of you have

no emotional bank account not not just

you I mean every audience has ever been

here since 30 years ago your emotional

Bank cuts only so

big uh and as soon as you become an

adult and some of you are still

struggling to become an adult and as my

father said the only goal I have for

Danny is that for him to keep him alive

until he reaches the age of reason that

may be 20 30 40 or

never I would contend that I know a lot

of people that think I'm still haven't

grown up okay but then you as you as you

um uh gain maturity or you go and you go

through P puberty etc etc you meet other

people uh uh even though money's not

everything it's the only thing anybody

really keeps track of so you start

accumulating wealth or you think wealth

there's nobody got any wealth in this

room but I can say that about with five

exceptions in 30 years that have

attended the

seminar and wealth um is defined uh not

the gallop the poers know anything uh

but generally defined if you have a a

net worth of $30 million or more you

considered

wealthy okay our generation wealth is

significantly larger than 30

million uh I don't consider you wealthy

unless you have 100 million and actually

200 million is where really the lines

cross 200 million we have 200 million

after tax that's assuming you pay taxes

so there's certain giv and I'm going to

go through maybe 20 or 30 of

them and um and um some of you maybe not

NE not necessarily the older of you but

some of you uh that have been around the

block that just didn't follow up the

turnip truck uh uh will uh kind of

believe me and the rest of you won't

until it happens to you so the guy was

sitting to the right of me last night at

dinner uh committed the Fatal not fatal

fatal that you you don't have any

recourse but the the one of the most

obvious errors is

um until you come here is that you

follow the steps kind of and then you

get down to trying to finance the

[ __ ] thing and then you can't or as

they say in this part of the world you

canot they're illiterate up here you can

would not you know they leave letters

out um and it's a throwback to the galic

they used to

speak well if you can't Finance it after

you've gone through all that then you

you didn't do it

right there's a guy in here that's done

I think two or three Deals uh sth at the

right hand of kind of uh of um one of my

Superstars um but he's here because he

heard or

not heard I say categorically there's

nobody that's a billionaire that hasn't

attended a seminar that I'm aware of now

there may be five million of them that

I'm not aware of but I know for a fact

they couldn't keep their [ __ ]

mouth shut and I know if they were

billionaires I can tell you every one of

my 56 billionaires I can tell you what

shorts size they wear the last time they

came and their wife or the significant

other so

I I'm doubtful there's any billionaires

I don't know about other than kids that

attended here the

seminar which brings up another subject

that comes later Dan lock and Bruce the

Whipple uh about 10 12 years ago came

back to the seminar and they went

through the seminar they paid just like

you know and I've known Bruce over 30

years I've known Dan uh almost 30 years

uh and uh at the end of the seminar

during graduation when when you loosen

up and you start talking uh they they

both say the same thing the the only

thing Dan doesn't do for you is Hold You

by the dick and sign your deal for

you because when they went to the

seminar no slides no webinars no this no

weekly reports nothing all I did is kick

them in their ass and tell them to go

get deals

done and now except for I'm not into

holding your dick signing the deal for

you that's the only thing that we don't

do yet less deals get done now you've

heard me pontificate about this for

those of you that say that you listen to

me on YouTube ad nause right

forever and I wouldn't keep saying if it

wasn't so true and unfortunately for

me as a

coach world renown coach is not getting

any better

and that's because you're getting

weaker the guys in the 90s and early

2000s had

some you know

grit and you don't

know and I use I've got a thousand

analogies my favorite is in 1986 a

woman handshake

pressure was 96 lbs

a man's handshake pressure was 102

pounds

2016 date is 8 years old a woman's hand

pressure is 111 pounds and a man's hand

shap pressure is 100

PB how's that possible especially some

of you fancy yourself a I won't say f

Fitness addicts or you

know well if you're Fitness is one of

your goals you're failing everybody in

this [ __ ]

room how is that

possible

um about three seminars ago four

seminars ago uh we had one young lady

from the Netherlands her name was Amber

she sat right back about where you are

and uh I have a lot of analogies about

big breasted women you know blonde and

big big tits will get you a long way and

every time I say that she'd stand up she

as flat as a board she'd stand up and

poke her little chest out like

this and uh she got to not everybody in

the class hated her but almost everybody

in the class hated her and so at

graduation night again when they loosen

up and she stood up and said if uh if

this is my competition and these are my

words I'm paraphrasing it uh if the

if this is my competition for you I'd be

ashamed to call yourself a man to the

rest of the

class I go to bed early and so normally

the fights start after I go to bed and

there are some fights sometimes I'm not

recommending this and um and she was the

first one to do a deal in her class in

fact she's the only one to do a deal in

her [ __ ] class to date

how's that possible she's

23 she's Dutch and she

uh attractive

girl I had um a coffee with her uh a few

months or a couple months ago uh in my

travels and uh she

asked did anybody do a deal

yet no

Amber you think I jst

him no

Amber you said what you said at the

graduation night was absolutely

accurate now in my day somebody would

have taken up the CH picked up the

gauntlet not

today now I've been criticized for 30

plus years actually 50 years because

I've been doing this 20 years before I

started

coaching because I'm I'm um I'm being

negative and you know and and the new

genre so to speak is everybody's

possible everything's possible y yada

[ __ ] [ __ ] okay but that's not

true that's a [ __ ] lie and for those

of you in this room that were told you

can be anything you want Johnny Sally

they were lying through their [ __ ]

teeth they knew it when they were saying

it and look at you now how's your

program worked out this is the

truth absolutely 100%

transparency and as I've said for a long

long time the reason why nobody talks

about numbers and we're uh after we give

you I give you the current news I'm

going to give you the four or five last

deals that came in um I mean in the last

72 hours or last week uh to show you

what's happening today um the um but I'm

telling you the truth it's just like

this is harder than becoming an Olympic

gold

medalist how many Olympic gold medalists

are

there not

many not

many but if you want it bad enough and

you can do it I know you can do it

because I've seen it with these eyes uh

you can become not overnight not

instantly

wealthy but 26 days is pretty not

instant to me it's overnight and as I

said last night quickest deal is 26 days

now quickest second deal is 7 days after

the 26

days and that's down from 4 five months

and it's like when Roger banister broke

the uh the 4minute mile years ago uh and

the uh and then a bunch of people broke

it and so a lot a lot of people uh have

uh it's like it used to be 2,000 cold

calls that's 1,400 cold calls and I just

did a quick calculation it's probably

down around 50 Co calls now to a

millionaire a short

millionaire because you're going to have

between 65 and 68% of the first

deal young man do you have a tie yes sir

um cat get him a

tie

um the

um so it's getting

easier it's getting easier now uh when I

when I hang it up here in the next not

too distant future um we're already

working on a hologram to sit

here so then I don't have to look at

you at heo airport when you go down and

to get under the tubes underneath heo

airport there's an attractive woman um

the uh in the old Barbie sense with

curves you know not the new Barbie and

she's talking so I walked through her a

couple times and you know so it's

possible say extend the life because

when I quit I'm not handing the Baton or

baton as they say in this country over

to anybody all the stuff's already

free so there's not going to be any

secondary markets or tertiary

Market

um last night um I I alluded to before I

left uh you saw Donald Trump oh excuse

me Donald Trump's youngest son Baron and

I said that U

unfortunately uh my kids were raised

very much like that with a maybe not a

platinum spoon in their mouth but

certainly a silver or gold spoon in

their mouth and they're

spoiled they're not as spoiled as some

so I I I take uh that's my rest bit I

make myself feel I [ __ ] myself just

like you [ __ ] yourself I [ __ ]

myself and my kids aren't as bad as some

of the kids I

know which means nothing really but it

sues my ego from time to time um

comments

uh well I'm gonna ask the question I

know the answer is anybody in this room

raised like Baron

Trump I don't think so comments about

how Baron was

raised questions about how Baron was

raised yes sir seems like they're trying

to prepare for life

well I mean um Donald didn't do a bad

again full disclosure I know Mr Trump

from another lifetime um Donald didn't

do a bad job with his kids um other than

he wanted them to grow up and be just

like him and the boys he was pretty

successful his daughter he wasn't that

successful um

but those were under different wives

mothers and his current wife who's

arguably the most elegant first lady uh

the US has ever had uh added some panach

um she's well educated speak seven or

eight languages y Yad y okay and um she

also was able to witness the mistakes

Donald made with other wives with his

other kids so whether Baron turns out to

be worth a [ __ ] or not you know time

will tell

um but it's hard when you've been in

that

environment to be

normal um when we lived in Texas I was

known to have the longest limo in Texas

which was true and they used to take our

kids to school every

morning and uh the convicted murder

driver that I had

Jimmy uh uh and bodyguards for take but

only to about six blocks before school

and they drop them off because the kids

didn't want to drive up in the longest

Lim on Texas and so then Jimmy and The

Bodyguard would walk him to school and

make sure that nothing happened to him

because one of the things when you get

more or less super wealthy people want

to kidnap your kids and one of the

reasons we moved here is Guthrie is

easily

defendable the head of security used to

be the former head of security for for

the royat brania retired Marine named

Chris fi um but those are things down

the road you you know I'm not telling

you to worry about it but that's going

to happen it just

will uh it's because it's easy you're a

soft target just a minute you're a soft

target because you love your

kids I don't suffer from

that so there's a whole bunch of things

okay the other thing you saw was

what oh uh which I told you we I never

wrote it I I tried it I don't know a

thousand times it's not true but a few

hundred for sure didn't even come close

and some little seven-year-old [ __ ]

came in and

just uh and um but that's my job is to

rewire

you because that's how you think now

and for engineers accountants lawyers

doctors scientists and a few other is is

very difficult to rewire and in some

cases

impossible doesn't mean you can't make a

lot of

money um but that's my job and there's

nobody better at it based on

results uh there may be people better at

it based on uh lovey W that everybody

you know that jelly roll back in the 70s

there was a program called EST which I

went to which you put you in a room and

you had to stay there for several days

and uh you [ __ ] on the floor there was

no urinals okay and then you did a jelly

roll every three or four hours jelly

roll is when everybody comes together

and hugs each other you know which is

not similar to what's going on now and

uh the uh I and another guy that were at

the same class um

we were you know single

uh not every woman [ __ ] everybody but

almost every woman [ __ ] everybody so

it was just you

know the uh and I so we're back to the

jelly rolls now you know it's it's like

I have a slide coming up U are you

okay nobody's ever asked me in my almost

80 years if I'm okay

never

happened now Sally in addition to being

a chartered accountant is this

registered psychologist and she she she

I'm not going to go through the long

[ __ ] winded answer but people

assume I'm okay and there's nothing

wrong because the way I

act I'm waiting for I'm okay

another thing that's never happened to

to the high performance people I've been

privileged to be around um you're doing

something and uh it's deemed it's wrong

and you say I'm working on

it well I had a privilege of known Steve

Jobs and I never heard him say I'm

working on

it change can be instantaneous if you

want it

the reason I didn't do drugs in the 60s

which I mean everybody did drugs in

except me and my two best friends uh

because my dad had sat me down when I

was 14 years old in the living room of

our little teeny house and he went to

his uh lock boox which was never locked

and he pulled out a 8 in 38 uh Smith and

Wesson 8 inch barrel and um he loaded it

and he put it to the side of my head I

can still see if I close my eyes I can

still see the the bull in the bottom two

Chambers and he gave me his uh drug talk

and he said U the only cure for

[ __ ] Drug Attic is a

[ __ ] bullet in your

[ __ ] head and I'm the

[ __ ] that'll put it there and my

mother was sitting over here she had

gone around the house turning on the two

TVs we had and the three radios we had

full blast so the neighbors couldn't

hear and she was screaming and crying

Manny Manny Manny you you might pull the

trigger and hurt him and he says no if I

pull the trigger I'm going to blow his

[ __ ] brains all over the wall and I

believe my

dad never did drugs I did everything bad

other than drugs but I didn't do drugs

okay YouTube Go [ __ ] Yourself

[Music]