Transcript
DbdwjvM18qk • Q&A on Mindset, Innovation, and Driving Website Traffic
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Kind: captions Language: en hey everybody welcome to another episode of Facebook live I am your Intrepid host Tom Bilu and I'm here with none other than the voice of the community Cindy AKA essence of sin essence of sin everyone what is up not much how we doing today doing good feeling a little under the weather yesterday oh that's right yeah it was just random I think it was food poisoning to be honest you know yeah it was just like a random that and then's your what's your least favorite kind of sick um my least favorite kind of sick I would say a fever okay good call that's tough to be like yeah that's pretty much when I feel like the worst is when I have a fever I like I guess I'm so used to like having like weird food poisoning or stomach things that it's not why I don't know like I have a very like I have a sensitive stomach but it like kind of crops up randomly so it might be like oh like I'm eating normally for a while and then oh suddenly like nothing stays down and I'm just like oh okay that's weird yeah not good I know not good I'm I'm going to have to go with stomach stuff yeah I'll take a fever I feel like you can treat a fever yeah like if you you nap and like nap get some Advil like you're good but once your stomach goes man that is it yeah that is it all right really upbeat way to start the day hey everybody starting off let's talk illness I was up past my bedtime again last night night second time this week is that I think that's going to be a recurring theme for you nope no can't do it all right I'm not about it I refuse to commit to being up past my bedtime you do have an event this evening so you are going to be damn you for bringing truth into this conversation in case you yeah but speaking of which if you guys are oh it's Invitation Only isn't it oh I'm a bad person I was about to invite them all and then I would get Maybe time I think it's one of the first ones they're doing so they're keeping it a little on the small side yeah but I'm speaking at an event tonight which I'm very excited about should be a lot of fun and also anybody out there planning events for speakers um and maybe this is just me but when you can do because this is interview style so there's no like you don't have to prepare a speech like it's nice it's like zero stress I'm very excited uh so yeah it should be a lot of fun and Dr finess is already there checking it out and uh I'll be joining later tonight exactly and then last night was all about Mr Aoki yeah that was a lot of fun good to see him in the crew what event was that um he has partnered up with Burton Snowboards to launch a line of luggage which makes sense because our boy travels Non-Stop and last night I was once again reminded that networking while I hate leaving this woman and I think that's a big part of my problem is I have something at home that I want to stay home for cuz I know people that like Network like machines mhm but for me it's like always even though I've given like all these talks about how networking is so important you got to get out there like you got to do it and every time I'm like I don't want to go I do not want to go I want to stay at home with my wife and I drag myself out we go last night and it was awesome and I met a guy there who works at um who's the big talent agency CA no you the other one there's so many letters oh man WME WME IMG so I think G is the sports side and so anyway he's on the egaming side Esports oh man the whole Esports universe is going to come down to my head for that slip up big shout out to Yoni what's up Yoni um so met this guy that does that for WME talking about how he built it because he got ended up getting acquired by them built this company from nothing like turned it into this multinational it's a pretty cool story very interesting I think Esports is going to be huge but I don't think they've cracked the nut yet so this is something routinely people um come up to me to invest in and until somebody can figure out how that business model is actually going to work I just can't bring myself to do it but I'm utterly fascinated and I think someone's going to make billions of dollars so it'll be interesting to see who that is all right random start but there we have it I know we kind of gone all over the place all right so um I'm going to kick it off with a couple from last week yep um this one comes from cindry hellmark whoa yeah how would I introduce developing a growth mindset to my 16-year-old brother all right so here's the find something well first of all if you can get him to read the book mindset like that's just the easiest no-brainer answer that's like the starter guide it really makes it clear how people end up in a growth mindset I think Carol D the author has done an amazing job of walking people through how to get to a growth mindset what the differences are so anybody that can start there just start them there and if you'll bite and read it um then you're golden if not then I would start at something what are their goals what are they trying to do what do they say they want to get good at and then either I usually use story so I'm always trying to get people inspired my obsession right now is Disney because I'm reading his book and just seeing how far he traveled from where he started as a kid to where he ended up and if they're motivated by something like that like showing how the growth mindset really is the path to acquiring those skills because at the end of the day if you can get somebody to buy in that standing between who they are today and who they want to become that thing they want to get the only thing standing between them is a set of skills and if there's something in their life that they've done like video games I mean if he's a 16-year-old boy my guess is that he's playing some games um you know use the language of that like when you start out you suck and you play and you die and then you have to assess like what am I not doing well and practice that and get better at it and people do it so effortlessly when it comes to something that they're passionate about that it's usually pretty easy for them to grasp the concept once they have the concept then you just have to get them to translate it to other areas of their their life and getting them broken free of the belief that their talent and intelligence are fixed like once they believe those are malleable um then the world opens up to you and then my whole thing is and this is the one part of the equation that I don't think anybody's really talking about it's going to be featured in the book heavily and I'm looking at you because we've got to make sure that that continues to move forward um but is what you build your self-esteem around matters and how to craft your self-esteem I mean that'll be like a whole chapter in the book about being intentional about what you decide to Value yourself for what you decide to reward yourself for and punish yourself for like all of those things are really really important and so um really just talking to them about that stuff the problem is normally at 16 man they just push back they don't want to hear it like they're in like this other world they're going through that I don't know if this is true from like have studies been done I have no idea but this makes so much intuitive sense um somebody once said to me look the kids would never leave the nest if hormonally they didn't go through this change that actively made them Rebel and so part of becoming your own person is rebelling against the authority figures in your life against your parents to Define yourself as separate so if you're any sort of authority figure in their life even just by being an older sibling chances are at about that age they're going to be pushing back pretty hard they're not going to want to hear it so you know at some point if they're not receptive you just have to live by example and that is the ultimate Arbiter it's a very slow process um you know there have been people in my life life that have watched me change so radically and it's taken them 20 years to really start to even begin to like say hey what did you do so it's tough yeah yeah I can only imagine just because like I think about where I was at at 16 and like I listened for the most part but I still kind of tried to do my own thing you know so don't we all yep all right so this next one comes from yo H Sero our boy hey Tom and Cindy how can I manage to not to compare myself to others I know I shouldn't but my brain does it automatically yeah I mean I think that's a a very natural part of being human and there's that great quote floating around I don't know who came up with it but that um comparison is the thief of joy and I think that that's also true um I think you have to balance it this is gas and break this is knowing when to step on one side and when to recognize that that becomes self-defeating if you take it too far uh so we'll just apply the 8020 rule 80% of the time don't look at other people don't worry about what they're doing don't even think about it create your own path um try to make unique Connections in your own mind your own way with your unique background and then 20% of the time pop your head up look around and see who's crushing it see who's doing better be inspired even if it's out of annoyance um and you know I do that I look around at people that are doing a better job than we are and I let it kick me in the ass and focus me but I don't spend too much time there because then you'll just end up chasing them um and there's no way to take a leadership position when you're chasing so it's really got to be um driven by something that you're trying to accomplish yourself um you've got to have an internal Vision something that you're driving towards but I don't think it's a problem to with some small percentage of your time to to really see like where do I fall in the pecking order that's smart just don't get obsessed yeah um because I mean we as humans are very much relational no question we like to be able to kind of see where we are at in relation to others and it's kind of how we figure out where we fit yeah I I don't think there's any two ways about it in fact last night at the aoke event one of the things that um I was commenting about is so when he walked in the room so imagine I'm standing in the center of the room and all of the sudden this wave of humanity just starts moving towards where I'm standing and then you realize oh it's just a wall of people following him he stops he and I talk for a minute and then I don't move but the crowd like then just passes me like a wave it was so weird and so we filmed it cuz it was like you can literally see it happen like the all of the energy in the room is centered around the highest status person in the room which of course is Steve so it's like that is a thing that's human psychology at work we're social animals we need to understand the pecking order um where everybody fits and so look there's the Buddhist stance of elevate yourself out of all of that like try to disengage from what we'll call typical um human Endeavors but that doesn't resonate with me like I want to go deeper into it but I don't want to fall prey to things that aren't useful right so if I've got goals and I'm trying to reach those goals and pulling myself back out of the situation doesn't make sense and I want to go more deeply into it um then you have to figure that out but it was it was utterly fascinating and my conclusion to that is Fame matters right so part of the reason that I ultimately stepped out front and started creating content uh took the role of the front man is because I recognized its power and and yeah like one of the conversations that I got into last night I mean this is you want an example here we go so I happened to be at the moment that Steve passed by happened to be standing talking to the guy from WME now he has no idea who I am but the person that introduced us was like dude this guy is like an amazing interviewer you you should I think you guys will connect right so but he doesn't do any follow-up questions I'm too busy intrigued by what he does so I'm asking a lot of questions while of humanity passes he and I disembark we reconnect later and like three or four people came up and were like hey man I watch the show it's amazing great interviews so finally after like the fifth time somebody said it the guy goes all right I'm going to take the bait like why do people keep saying that you're a good interviewer and I was like oh I've got the show and blah blah blah you know and so it was utterly fascinating to watch his level of interest in me change as he realized random people were coming up to me to be like wo a I recognize you B you've like had a huge impact on me and see the one consistent theme of you're um really good at the interviews and so the dynamic between he and I changed 180° it was so interesting now I wish the world weren't that way I wish people could just be like in the moment like either you have something fascinating to say that's useful to me or you don't but it doesn't work like that man that's not the world and so Fame matters that's the truth hasht truth man hashtag truth you know all right so this next one comes from Gustavo Gustavo poutin um hey Tom from Brazil why do you always talk about phase one build a community what's the next phase and where are we going all right so the three-phase plan is laid out on the website so go to impact theory.com you'll see we've got the three phases laid out there the reason we talk so much about phase one is that's the phase that we're most heavily in but we are actively working on phases 2 and three phase two is essentially the creation of all the things that are going to come out of that so you've got the two paths you've got uh company incubation so last night I was talking to one of the people that we will almost certainly be incubating and then on the other side you've got the content that we're going to be incubating and yesterday oddly enough yesterday was actually a pretty cool day um yesterday I went out to lunch um I won't give names yet because so much of the stuff falls apart um but went out to lunch with a very successful film producer which because the team here is scattered to the wind I haven't even had a chance to tell you guys how it went um amazing and let me just say dude I'm telling you right now we're going to completely disrupt the film industry can I so I'm going to do my Babe Ruth right now I'm calling that shot um talking to this man who has been incred like going through his IMDb I was like oh my God God like this guy is like some he definitely specializes in great films more than huge films and those are like my people now the reason those are my people is because they've seen quality hit after quality hit after quality hit does not equal Financial Security MH and so we're talking about that dichotomy and feeling like hey the studios win right the studios always win and we've got this Bevy of artists cuz he was you know I told him our strategy I told him the property specifically that we're going after and he said hey would you be interested in actually involving the writers if we get the studio on board with what the what we're trying to do which to give you guys the very quick rundown goes like this it is what's called a total merchandising strategy at the end of the day this company is I'm going to share this with the Insiders because it is not going to be often that I refer to our company in this manner but at its like peel back that top layer and look and side so everybody come in with me lean in close impac aists because this isn't what you're going to hear me talk about a lot publicly but Underneath It All We Are a lifestyle company Underneath It All We are trying to change mindset that's it and this company is literally me just thinking about how do we do that now what you'll normally hear me talk about is the total merchandising strategy merchandizing I don't like calling something a lifestyle company because that is so hopelessly vague like what does that even mean so I like people to be down with me in the tactics of how we actually pull this off but honestly under the cover we're a lifestyle company we are about monetizing echoing through merchandising the ideology behind the company okay so we make a movie that contains ideology we make a comic book we make a novel we do social content whatever it is all of it has the same underlying ideology it's literally the first question that we started with how do you go from a fixed mindset to a growth mindset and because you have this 16-year-old kid who's not going to listen how do you incept them how do you get them to change without necessarily wanting to change how do you leverage Behavior instead of trying to change Behavior which by the way that Instagram quote confuses [ __ ] out of people because without context nobody had any idea what I was talking about they thought I was talking about like on yourself like Leverage your own behavior instead of trying to change it yeah which you should try to change the [ __ ] out of your own Behavior Uh but leverage other people's so that's what we're trying to do trying to get that ideology into the content that people are already consuming and then give them the ability through merchandising to Echo that now that merchandising I use that word as a catchall it could be a T-shirt and already is it could also be an app it could be a video game it could be um a whole host of things so anything that's an an ecosystem echo of the ideology okay that's a lot of weird words but over time people are going to really begin to understand what I mean so there's like a universe of cool [ __ ] that's a really more basic way of saying it um and people are going to signal to the world who they are so we are a signaling species we signal to others we signal to ourselves think about the way that people dress the way that you dress is a lot about you the car that you choose says says a lot about you and that's how we signal to other people and most importantly in my opinion that's how we signal to ourselves and make no mistake as you try to communicate to other people you are communicating with yourself is an utterly fascinating thing that I'm totally obsessed with this notion of what we say to ourselves about ourselves how that shapes us we want to give people those things so we believe we can build a huge business doing that Disney has proven the model you here's why the Studios have failed to recognize this and anybody out there who wants to beat us here's how you beat us this is the game and I love this because I know we will out execute you sorry I can on myself so what you want to do is this every Studio other than Disney has failed to stand for one thing Disney stood for one thing right it was the magic of we'll call it the magic of childhood but even Disney said I don't make cartoons for kids and I think if you really look at what they've done the reason it works is because it isn't just for kids kids love it it's super accessible to them but it really contains like these Notions of a simpler time a more beautiful time I won't derail I haven't spent enough time getting really good at being succinct about the magic of Disney but the magic of Disney we'll short-and it to that so when you went to a Disney property you knew what you were going to get one thing they're talking about in the biography is how he was really paranoid so he used to make his animators go to life drawing classes and you draw nude people and he was super worried that somebody would find out that Disney animators were drawing nude women because that like back in the 30s that was like super scandalous so that that's somebody who understands what their brand is now what's the brand of Sony Studios nobody knows not even Sony knows they make movies all across the map what's the brand of Paramount Studios nobody knows all across the map so it's like Studios have tried to just make great art and hey love them for it like as somebody who just wants to go see great films I totally get it but that breaks down your ability to do a total merchandising strategy so even Warner Brothers because the the important part here is to understand Disney means something not just the cartoon Disney is branded you know what it means it stands for something the D to the everything magic the ethos all of it the whole shebang it does not have the same resonance with Sony Paramount Warner Brothers all those other guys they do great movies but but their name brand does not mean something it does not stand for something and because of that they can't do what we're going to do which is there's ideology associated with impact Theory and here's a universe of merchandise that allows you to signal to yourself and to other people who you are based on that so it means something so anyway that's a a very huge encapsulation of all three things so phase one is build a community without that you of nothing phase two is um create the content the companies and phase three is actually monetized so those are the the three phases are all moving forward it's just because this is content because this is I mean the this the social stuff which is where we're really exceptional right now is all about actively building the community that's what you're going to hear me talk about all right need to wrap it up right all right so this next one comes from Lee hes hey guys good to see your smiling faces thanks Lee um what is your best advice for entrepreneurs that are just starting out when it comes to marketing I have a hard time wrapping my head around what I could do to drive traffic to my website um sorry ask me the very beginning of that question so what's your uh best advice for entrepreneurs that are starting out how do you drive traffic um right now you live in the age of content so the there are many many ways but I will just say that the easiest and most profound right now is great content it needs to be content geared towards whatever the product is that you're selling make sure that your product solves a problem and I meet entrepreneurs all the time in fact I want every single one of you out there if this is what's going through your head I want you to be 20% embarrassed and then 80% focused on how you fix the problem but this is what almost every entrepreneur that approaches me says Tom I really want to help people that's it the end that's their mission that's that they stop at that they stop at feeling like a good person they think well I want to help people rad man [ __ ] yeah help people how do you plan to help them and how do you plan to scale it like most of them it's like one-on-one [ __ ] that doesn't scale like if that's the thing that makes you feel most beautiful and connected to humanity do it rad that's awesome but that's not entrepreneurial for me uh so to me like if you really want to build something you've got to be focused on how does a scale so I can't answer your question with anything specific because I don't know what your business model is but make sure meaning what problem are you trying to solve how do you plan to profitably monetize it okay that's what I mean when I say business model uh so know what your very specific problem is know how you're going to scale it those are like just two huge things and most times people just want to help people that's not a business model so to give you an idea go to the website and read it our three-phase approach is my answer to how do I actually help people right and in what way do I want to help them so Bill Gates is curing malaria that's helping people for for sure but that's not going to be that's not what I mean when I say help people I mean I'm going to take people from a fixed mindset to a growth mindset and I think if you get another billion people doing that this world becomes a fundamentally different place to me that was boiling it down to its physics and answering one simple question what is the biggest problem that we could solve that would have the greatest impact on humanity and the answer is get more people to believe that they're capable of anything because once they do that and that the solution is cross the chasm of skill set right get skills get good at something be exceptional be extraordinary be capable of Championship performance like that is the thing that has to change like if we're really going to accomplish as a species if we're going to not let our technology consume us and actually make it into the singularity like when I boil everything down it comes down to that that mindset shift of understanding your own need for self-esteem I don't know why I blanking on self-esteem so that that very weird Cadence was me groping my mind for the word self-esteem uh that once you understand what you're building your self-esteem around and you understand that it's all about skill acquisition you get good at whatever that you set your mind to and if you're doing it in service of something bigger than yourself you actually want to help Humanity but you can [ __ ] boil it down to like what's really going to work and yeah it's actually starting to drive me a little bit crazy how people just come up to me and say I want to help people dude are you not watching the content like how many times I have to [ __ ] rail about this like what is your path to execution like don't mify yourself with the feeling that you're a good person because you want to help people that's not enough you are a good person great awesome fantastic but what are you going to do now yeah I could I could go in that endless loop until I died of starvation thirst I guess would happen first but please guys I'm begging you like you're these incredible machines AI squishy robots like whatever you want to call it you're in this incred rible hardware and software but you have to do something with it you have to really like push yourself don't stop when it feels good stop when the job is done that's a good one can we t-shirt that I think so he like we're going to have several t-shirts coming to the store designs people sub I asked where those came from nobody told me oh they from Mike that's amazing Mike who Mike bickart what we have actually the next question is from is in the chain right now yeah the next question is from him dude those were amazing no we have to shout out Mike yeah absolutely BW [ __ ] so cool those are going up yeah going mad love incredible those are the two incredible we're accepting designs and we have to figure out exactly what the Rev share is going to be but if we sell something that you created out of profits we will pay you out of profits I want to be very [ __ ] clear about that profits yes right now he's like tweaking some of the fonts and the layout of it but we're going back and forth with like feedback and stuff nice nice nice but yay Mike okay um just as a reminder cuz he's got to go down like the Hall of Fame those are the first User submitted designs we received right they are so yeah yeah so when you walk the halls of impact Theory 10 years from now like Mike burkas right there burkart burkart yeah let's not [ __ ] up his name how about that yeah Mike burkart yeah I think it's yeah okay um um so I forgot to mention our giveaway oh so we have our giveway The Voice come on voice what's Happ we have our giveaway guys so it's either a three month subscription to audible or three books of your choosing nice um if you won share the difference between you and a billionaire the J samit clip that just released a couple days Facebook page Tom bil's Facebook page and that's where you can find it to share it take a screenshot of that share on your timeline feed everything and then send that screenshot to connect impact theory.com it's also in the comments um and if you have any questions just ask nice there we go yeah so with that lovely introduction from Mike burkart he wants to know one he loves the show and his question is if you had the opportunity to build the next internet I.E the next big technology that changes Society forever what would you build and why um I don't have that answer because if I did I'd be doing it uh so yeah I don't know I um my focus is clearly on what we're doing now I think that the huge bet that anybody who's paying attention to should be um really doubling down on is arvr I think that that Revolution is in its absolute infancy so I like to think of it as base camp versus summiting um Mount Everest and usually people think that a movement is peaked at base camp and that's back when people calling the internet of fad that was base camp and now we're probably still not even at the peak of Everest to be honest but arvr is not even at base camp yet so this is um it's either going to totally flop which I'll I'll just put my reputation on the line now and say that's absolutely not going to happen it is going to be the next paradigm shift in ways we can't even begin to imagine right now like who saw really really back in like 94 when I first got my email account who saw apps coming right nobody nobody saw apps on a phone like it just nope I don't zero zero people saw apps on a phone coming maybe the guy a pal pilot the the level or even like Facebook live right like it just it was taking five minutes to download a single image so it's like you just you can't conceive of where the world goes so in arvr I don't think people really understand read the book in fact can we can I derail for a minute derail all right guys if you're a technologist which I am not by the way which is part of the reason that I'm not going to take my own advice on this one but if you are a technologist will you please read science fiction and just go these guys are so insanely good at predicting the future they've thought through the [ __ ] like that is what a science fiction writer's mind is great at like look at Asim off and how many things that he predicted read 1984 if you really want to get freaked the [ __ ] out if you really want to get freaked out read 1984 and realize when that [ __ ] was written and how he predicted the cameras everywhere and the fact that we would willingly let things like Alexa into our lives just really take a second to think about that one so that is what science fiction writers do they predict the future way far in advance because they are thinking internally about humans and what they are like so they are really good now the guy that wrote Ready Player one I think has already nailed what arvr actually becomes and you need an omnidirectional treadmill to pull it off so kids somebody needs to develop an omnidirectional and people are already working working on it doesn't mean that you can't come in and disrupt but develop an omnidirectional treadmill because here's the problem with VR it makes you seasick okay you put the [ __ ] goggles on you if you can't move then the camera can't move I think you've got like three or 4 seconds Max before you'll start to get seasick cuz you feel like you're floating it is really [ __ ] bizarre when the camera is moving on the z-axis it's really weird now it's amazing and when it's only happens for like 3 seconds you're like oh my God that was so cool don't stop and they're like no no no you will get sick so you you have to be moving which means I have to have the Sensation that I'm moving so the omnidirectional treadmill has to let me move in any direction has to let me run has to let me walk slow and it's got to figure out how to do it hey I'm not saying it's going to be easy I'm just saying it's needed and whoever does that is going to crush it and then haptics because between haptics and omnidirectional treadmills that is what is going to let that Revolution take off and let me tell you if you have not read J samon's book disrupt you yet guys please do if you're an entrepreneur and you have read that book do I go to each one of their houses and shake them like crazy maybe it may come to that but because if you're an entrepreneur and you have not read that book you are falling behind and one of the things that he talks about in that is you don't have to be the one that comes up with the next huge disruption that does not need to be you because as that disruption happens it will create so many opportunities so you didn't have to create the iPhone but the guy that created the iPhone cases I think his company was valued at over a billion dollars yeah because he created cases yep and the guy with the dust covers and everything for computers very well said so omnidirectional treadmill haptics please they suck right now I've tried I haven't tried an omnidirectional treadmill but I've tried stuff where they let you move around a little bit it's not good um and then the ha dicks it's it's just not there it will get there it's not but it's not there yet that's going to be a big thing I do want to shout out to I think like our community because um disrupt you is low in stock on Amazon I saw that screenshot from yeah that was red I was like that's so cool th this okay that moment right there you just gave me the chills that moment right there is why we do the show because think about that we can we can mobilize enough people that they can diminish Amazon stock yeah eight left in stock it might be at zero who the [ __ ] knows it's called the Oprah effect okay just saying I'm just saying just funny out there I'm not drawing parallels I'm just saying I love it okay so our next question comes from Dan bro Fitness Dan bro Dan bro and I saw Dan bro in uh Jay's IG feed that was dope Dan bro mad love and then we had another guy something wolf i' forget his name right now uh but yeah he was there as well that was awesome thank you guys very cool to see you commenting love it okay so this one um his question is for from all the guests we've had on it what do you think they all have in common growth mindset period simple simple as when they hit an obstacle they don't think I'm dumb I'm stupid I could never do it they think okay I lack a skill set and I have to figure this out so I'm going to go around it over it under it through it whatever but I'm going to get to the other side of that and it is it is the arrogance of belief now the arrogance of belief isn't that I'm good enough I'm better I'm whatever it's I can get good at anything I set my mind to period like that's the arrogance of belief like once you have that that once you know I can build a studio bigger than Disney's I just have to really think about what does that look like today what skills am I lacking who are the people that I need to know to actually execute against this not get stuck in traps for instance I will just make a prediction right now the studio route isn't going to work for us I can Dazzle them in meetings okay I give great meeting as they say but then they don't do anything because just thinking about the culture of a big company they can't move like they can't be nimble I'm literally coming in and saying hey by the way change your entire [ __ ] business model and they they cannot do it because for decades they've been hiring people that think a certain way and that is why companies don't evolve they get disrupted and that makes me really sad it makes me really sad and really paranoid about our own future and how you build into the culture that nimbleness like how do you build into a culture a willingness to disrupt yourselves there are very very few companies that can do it so that would be something that I will obsessively think about I thought obsessively about that question like that was always in the Forefront of my mind and I don't feel like I've cracked a nut so there is an answer I don't have it yet but this honestly inside Quest was my best attempt because they can they can see it like it's the the knowledge the mindset it's scalable and that was originally why I started inside Quest was so people could see like I've gotten to this process of thinking through all these years this is why this is why I'm here look all these successful people that I'm going to bring on you're going to see the same themes over and over and over as a company if we can adopt that then we can disrupt ourselves and avoid stagnating it's why I talk so much about not letting your beliefs calfy into Dogma right so don't get stuck thinking you're cool that's another way to say it don't think you know it right your your thinking your thought processes the things that you believe they've got to change and evolve otherwise you're dust ideas to me are like music they change that rapidly what made sense a year ago is just super outdated today and that's it actually is one of the reasons that I force myself to listen to new music like all the time like I'm about it like me and Taylor Swift we'd be like that so yeah like I'm on it so got to got to stay fresh got to stay connected yeah I mean absolutely I listen to new music all the time and youth are always by their nature largely because of what I was talking about earlier hormonally they're programmed to push back to Rebel so they're disrupting from that perspective and then they don't have Dogma yet so they're literally building it as they go so it's every generation is going to be different because they are growing up in a different time period um and I'll just tell you guys one thing you should be doing this is what marketers do all the time is they really look at Generations they look at demographics and they ask like what are the high level the macro Trends now most people this drives me crazy most people get so annoyed that macro Trends aren't specific and accurate to them as an individual that they dismiss it it's a macro Trend it's high level it's there are movements of the crowd even if the movement of anyone individual doesn't make sense MH at a high enough level The Stereotype is true and when you're looking at demographics it can be incredibly incredibly powerful so get on those demos man if you're trying to build a company doesn't necessarily hold true maybe for parents but for parents for them entrepreneurs all right how much time do we have did we warn we didn't warn the audience so we we have to cut short today oh we do yeah where we at okay they didn't even warn me 10 minutes before our shorter cut off we have to do a book review sorry guys The Madness of all this like we can only stop the crew for an hour B okay so let me minutes okay you got another 10 minutes all right okay [Music] um all right so then I'll take this one from Ian Pettit Ian pet it sounds Pettit sounds can you recommend specific resources on tactics for raising capital and team building I hear a lot of talk about these subjects and I know they're important what to serve my why but I don't know how to get there from a place of being um non credentialed and having minimal history of company building um so I first of all I would say avoid raising Capital if you can so that's where this whole concept of the side hustle comes in figure out what the problem is that you're going to solve try to solve it for as cheap as you can get a minimum viable product out into the market um if you don't have any history I'll just say startup or uh Kickstarter is a great place to go Indiegogo any of those where you can create a video explaining to people what your company is what your product is what you're trying to accomplish get them excited get them to fund it by essentially pre- buing the product um it's not necessarily the ideal way because there's a lot of pressures that fall on people when they do that um but I think that it's a great way it's a great way not to have to raise institutional Capital it's a great way not to have to actually sell a piece of your company uh but then there are also some places where you instead of selling the product you actually can sell um some of the company and people can buy equity in your company um you can try those if that you know feels better to you um but knowing that today getting capital is not the hard part it's having an idea that's so compelling and having a product that's so compelling that people want to give you money money so the money is out there it's just is the problem that you're solving a big enough problem and are you solving it in a clever enough way that people are actually going to want to invest so I think 99 times out of 100 people aren't failing to get money because there's no money they're failing to get money because their idea is not very good or they're not good at presenting it that's the truth so if your idea is compelling enough if your problem solves a big enough problem and you've been able to figure out a way to do it profitably you'll be golden so look at the Jessica oh Matthews episode um dig deep into her World she's had to do that so she got the company off the ground had the Prototype made it successful before she took Capital so she took Capital to grow it and that is much easier to find that Capital when you've actually got a product you're out there it's working and you want to scale now finding money for that that I totally get but to get to the point where you're actually making sales you shouldn't need a lot of capital I mean very very little five grand like this isn't uh you shouldn't be trying to to get out there and and find a ton of cash that will be hard um and then the other one was finding a team yeah building a team so yeah all of this boils down to you have to be good at something to build a team you have to be good at create a compelling Vision so people have to know what you're trying to accomplish you have to be very good at getting other people excited and I think the Visionary in any company that is a big part of your job is you're just getting people excited they need to see your vision they need to feel it you're in enthusiasm needs to be contagious they need to believe in you they need to think that you're going to figure it out even if you don't know how to do everything and they need to feel better about themselves when they're around you than they do when they're not around you and that is just a key ingredient to building a team so getting people excited giving them a vision to follow showing that you're able to execute um doesn't mean that you get everything right I think people are very willing to let people fail when they're super upfront about it they're honest uh they're not shucking and Jing and trying to lie and Bs like then people just start to feel icky invite people into the world make them a part of it make them feel good good about their contributions that is so big that is so important if you do that then it's about just getting out there and finding those like-minded people cuz like dating you're going to have to touch a lot of people before you find the ones that really gravitate towards what you're trying to do uh Facebook groups is a great place to start tell anybody and everybody who will listen what you're looking for that's another big thing so in fact hey to that point I'm going to float it out there uh Lisa and I need a personal assistant anybody in the LA area you have to be in the LA area you are literally going to be glued to one of our hips all day every day we're looking for people that are all the way in uh this is an entry-level position this is a personal assistant not an executive assistant so let's really differentiate between that Must Love Dogs must be very compassionate you're going to spend a lot of time with my pooches so that they're not barking during episodes uh so yes anybody out there so that I do that all the time I'm constantly telling people what I'm looking for yeah and you'll be surprised to respond so put it out there talk talk talk get people excited absolutely make people feel good real problem so this next question comes from Kelly Foss um I think a lot of us are sensitive to the energy around us while I keep positive people around me in my life sometimes I'm around people who give off negative energy without my control how can I best avoid allowing this energy to negatively impact me I love that I love negative people negative people are magical listen close K you ready I'm ready so here's why negative people are magical if you guys guys watched the I think it was the last episode of Tom bill you Theory which if you're not watching that get on it in that episode my wife who loves me more than anything in the world or so I like to believe uh she brought me my food 27 minutes early so I eat at 11:30 just the way it is she brought it to me at 11:03 now I let that food sit next to me all smelling delicious I was so hungry you can't imagine I wanted to eat that food oh dear God I really wanted to eat that food and I thought this is amazing my wife loves me so much because she's trying to make me a stronger person and she's giving me an opportunity to practice not eating food when I really want it when it's sitting there and it's smelling good and it's ready and that 27 minutes later it will actually be worse it won't be as warm it won't taste as good and I'm going to sit here and watch this amazing meal deteriorate so that I can practice not eating my food when I want it that I can practice discipline and people always ask me how do you practice stuff like that it's in moments like that so how do you practice making sure that your growth mindset that your positivity is impervious when you're around negative people and look I don't I'm not saying run out and get yourself around negative people but when they show up you need to say to yourself oh my God this is an amazing opportunity for me to practice making sure that internally I can generate positivity so I use this strategy it's called repeat it three times so if somebody were sitting at the table and they're like oh my God the system is really trying to hold me down like I just can't break free and my job sucks I'm going to say in my head three times I can overcome any system I can overcome any system I can overcome any system um my job is what I make of it my job is what I make of it my job is what I make of it and I literally would repeat that in my head three times all while smiling at them and being like oh girl I feel you um but yeah like I just repeat it in my head repeat it in my head repeat it in my head there there many of these tactics are deadly simple but you actually have to do them so yeah it's like the simple stuff that people block and tackle block and tackle block and tackle I Like It Word how many more do we have Lisa um let's do one more question all we have one more question last question speaking of Music sorry the one TBT releasing today oh we have a new TBT episode oh oh that hasn't dropped yet oh so it's today apparently I get sneak peeks I know well always backstage access if they're following you on social hashtag truth truth truth truth so it drops today check it out it'll drop later today all right and this last question comes from it is Daniel Breeze Tom I have a strong passion for music and entertainment I sing I play guitar I used to dance but I finished a prestigious business school with an accounting designation how do I figure out how to use my passion and expertise to make an impact and earn a living wow okay so amazing question and just by the language that he uses I want to note that he's from the UK I'm going to need some bonus points for thats um and okay so here's how it goes uh follow your bliss I will avoid using the word passion do that which makes you feel most alive you have asked me a false question which is how do you do like how do I end world hunger and um make a million dollars all while doing dance basically and you may not be able to so you need to do the thing that makes you feel most alive you need to decide what's meaningful to you is it meaningful to make a lot of money uh and if you want to make a lot of money and you want to impact people then we may not be singing We may but we may not so we need to decide what's the order of priority so I will give you an example I wanted to be a filmmaker but I did not want to be a starving artist that was not okay for me so I went down the path of learning to control the resources to focus on understanding business so you can't imagine the irony to me of now going back to the studio system and talking to these guys who understand art but they don't understand business and I can get them so [ __ ] excited because I know how to take an idea and actually make money with it so it's intoxicating to them because they've built their entire career creating great art and yet they're still panicking because they're going from paycheck to paycheck like really think about that for a second beautiful big house panic because they're one they are living beyond their memes which is not smart but it's a human tendency people are always going to do that um but then two because they don't control they don't have control over anything because they trade for that short-term money so it's and then you get into a cycle of trading for short-term money which is why I always encourage really young people don't worry about what your pay is in fact go accept less money than they're offering for the position but make the very loving demand that hey if you're offering 65,000 for this position I'll do it for 40,000 and I want to be able to come into any highle meeting that I want with rare exclusions right there'll be some things you're not going to be able to get access to that is way way more beneficial than getting the salary but people don't think like that they want to get as much money as they can they're always extracting short-term value and there's gasping off camera so I'm going to guess that do we are we no longer live um so that is that's the the big thing that I would do so you're going to break these things down you're going to put what you want in priority order so for me I needed to control my resources cuz I did not want to have to sell my art to the highest bidder I wanted to be in control so I went down a very long path to me 14 years to really have the kind of success that I wanted to have I had to learn the hard lesson don't chase money really Chase Excellence Chase value creation all of that and the money will come out of that but it was all in the wrapping of um business Acumen learning to be good at business that was a huge driver for me so because I was being honest with myself that I didn't want to be a starving artist now if you don't mind being a starving artist and it's not about making a lot of money in fact there's a recent song out I forget the guy's name it must be Mike cuz that's how refers to himself in the song and um in the song he sings his mother asking him Mike don't you want to be comfortable and he says no I don't want to be comfortable like I want to pursue something that makes me feel most alive so I think that's great it's about knowing what's real for you what do you really want so if you really want to sing like dude on what level right so you could do Community Theater I can pretty much guarantee if you're good at singing like that's real and that's a beautiful life for many people so you could do a job teaching music to kids which will probably make you feel alive and excited cuz you're helping people which you said you want to do and seeing at the community theater really put on great shows make your community theater the best community theater in the UK which that's a real thing you could really do that get accolades so I mean it's like you could create that life right but if you want to make a lot of money this is where artists trip themselves up you will probably never see me direct something why because it takes so much energy that you have to be focused on that one thing so for me being able to scale it is one that's how you get access to the real resources so um I would build the studio right instead of being the director so that's like understanding the universe of things that changes when you decide to build the studio instead of being the director but that means that I don't get to direct which means I don't get the direct hand in creating the art but that was me being honest about what's meaningful to me so I like to be I want to be around the art I want to be responsible for creating the atmosphere for artists to come in and create I want to incubate and Empower those artists but at the end of the day I want to be the studio I want to be the one with the final say that's me that's my personality and I have gone on a very long journey of getting the ability to control that to understand how to build it um to know how to disrupt a system to know how to monetize to recognize artists to work with large teams to build teams like that's what I've spent the last almost 15 years of my life doing so you have to be honest with the path you're going to go down all right so I got the wrap-up signal so we're going to have to peace out guys thank you so much for joining us this is um wonderful for me it allows me to really think through and concretize which believe it or not is a word uh conze my thoughts it does not sound like a word you're very right about that uh so thanks for joining us actually I'm supposed to be over here thank you for asking all of your questions we do not take that for granted and guys thank you for depleting all of the books in Amazon stock for J samet's book disrupt you that is amazing that's another one of those um Hall of Fame moments for this company and this community we are insanely grateful for you all you have no idea just how much all right it's a weekly show if you haven't already be sure to subscribe and remember Tom billu Theory drops today check it out it's a new series uh we're really proud of that so make sure that you check it out let us know what you think the scenes access things that you you know say do kind of learning how we built this indeed how we build this because it's active very true well said all right guys until next time be legendary my friends take care bye peace