When to End Your Employment, How to Start Investing, and When to Look for a Coach | ASK ME ANYTHING
Episode Stats
Length
1 hour and 16 minutes
Words per Minute
192.56833
Summary
In this episode, Kiff talks about a recent injury he sustained in training and how he managed to get back up and keep going. He also talks about his training partner and training partner, Brody Cousineau.
Transcript
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You're a man of action. You live life to the fullest, embrace your fears, and boldly chart
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your own path. When life knocks you down, you get back up one more time, every time.
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You are not easily deterred or defeated, rugged, resilient, strong. This is your life. This is who
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you are. This is who you will become. At the end of the day, and after all is said and done,
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you can call yourself a man. Mr. Kiff Sorensen, what's up, brother? Good to see you again, man.
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It might sound a little nasally today. If it is the case, just deal with it.
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I keep thinking your camera's bust, like you have a crack in your camera, and that's why
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your nose looks crooked. It's because I hold my head like this, so I just got to compensate
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and straighten my nose out by just turning it this way. You have a choice, keep your head straight
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or your nose straight, but you can't do both. Yeah. I'll keep my head straight. My nose is
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sitting. I mean, it's noticeable, right? Like it is crooked for sure. Yeah. Yeah. It's crooked.
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Yeah. So I broke my nose. It's kind of going over or at least to your left. Yeah. It's going
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this way. Yeah. I'm pretty confident I broke my nose today. Okay. So you got to tell like
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how like a random leg to the face during a roll. Like how did this happen? I ate a, I ate a forearm
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slash elbow and okay. So here, here's what was happening. So me and me and my training partner,
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Brody Cousineau were rolling this morning because we do twice, twice a week in the morning. And then
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I go in the evening a couple of times a week as well. But yeah, him and I were training and I mean,
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we're both pretty new to the sport, so it isn't super like, it's not a whole lot of finesse. Let's
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just be honest. All right. It's not a whole lot of finesse. We're both a little rough around the edges.
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And would you say a little bit more aggression than necessary?
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Oh dude, we go hard. Like we go hard on each other. I'm surprised that we haven't hurt each other
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worse than we have. Like he doesn't like to lose. I don't like to lose. I'll, I'll, he'll,
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he won't tap on something. He should tap a whole lot sooner too. I won't do the same thing. Like we
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go hard, dude. We go really hard. Well, and that's the benefit of this, of, of these podcasts
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being on YouTube as well. And by the way, join us on YouTube is we see how well your partnership is
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working out on your face every, every week. Cause last week it was a scratch across the bridge of the
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nose. This week it's a, it's a, it's a busted nose. So, yeah. So I was in his guard. I think
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I was in his clothes guard. I broke, broke his clothes guard and opened it up and backed up a
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little bit. Cause he wasn't holding like my arms or lapel. So I backed up and I grabbed his knees
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and I went for an X pass. And so I shoved his, it would have been his right leg down. Cause I was
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going for a pass on the left to tuck it. Right. Right. So I shove his leg down to cross and I,
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and you know, on the X pass, like you crash onto him, right? Yeah. You drive your shoulder,
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your shoulder. Yeah. So I'm going like this, but I think I must've gone like this instead of like this
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because he framed as soon as I passed his leg, he framed and he went whack and he hit. And I heard
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this little, and I was like, Oh, it hurts so bad, man. I got teary eyed real quick. And then he's
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like, Oh, I'm sorry. Did I hit you in the chin? I'm like, no, bro. You got me in the nose and my
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eyes are just watering. And I'm like, I'm good. Just keep rolling. And I was, I passed his, his,
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his guard. So I was inside control and I finally just kind of like flopped on him. I'm like, just give
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me a second, dude. And I rolled off him. I went into the bathroom and I'm like, yep, it's broken.
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So then I get out. I'm like, it doesn't really, it actually doesn't hurt. It hurts now. It didn't
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hurt then. And I was like, I'm pretty sure I broke it. And he's like, Oh, do you just want to work
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technique? I'm like, no, man, let's just keep rolling. So I'm like, there's nothing I can do
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about it. So we kept rolling and now it, it hurts, man. It, it hurts. I can feel it. So, and now it will
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be like a magnet to all limbs when you train because it seems like whenever you have an injury, you're
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like, Oh, okay. I'll just play it safe. And then everything comes to everything. You're
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like, Oh yeah. I'm not going to stop training. Like we've got trained. I'm going to train
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tomorrow night. Who needs to stop train. Yeah. It's just a nose. Like I can breathe out of
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my mouth if this thing completely shuts off. So I don't know. It's not too bad. I mean,
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it's, I mean, it's sore. I mean, maybe once the swelling goes down. Yeah.
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Yeah. Yeah. Maybe next week it'll be black and blue. I don't know. We'll see, but you
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know, it's part of the fun, man. It's part of the fun. Yeah. Oh man. I love it. And, and
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that's, and I was joking around with someone just last week about this is like, yeah, cause
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you'll hear this sometimes on YouTube. When you talk about, when you look up jujitsu, right?
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You Google jujitsu and you'll hear things like the gentle art. And one of the benefits of jujitsu
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is you can go a hundred percent and no one ever gets injured and you can train into your
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nineties. Right. And I, and I was cracking the joke last week. I'm like, you know, it's
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really not very gentle, right? Like with everyone that's like blown out knees, guys are injured,
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ribs crack. Whoever wrote that is either has never, either never trained jujitsu or is way
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better than I am. Yeah. Well, and I think, I think what really what they're saying is cause
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we're not striking, you're not striking. We can't, we can go a hundred. We, we, because
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there's not very many martial arts that you can actually go a hundred percent with someone.
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Well, and you got to think about benefit, but yeah. And you got to think about if we were
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boxing, my, my training session would have been done. Like, I'm like, I can't, I can't
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hit me in the nose again, but instead I was like, no, we can keep going. So I get it for
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sure. But it's, yeah, it's, but it's not as gentle as, uh, I like it though. That's good
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because here's the other thing I've thought about too, is when else, what other realm of
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life is a man going to be able to physically exert himself against another human being
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outside of an emergency situation, some sort of violent encounter. There's no, even, even
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if you play pickup basketball or flag football or softball or baseball, there's once you're
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out of high school or college or maybe professional athletes for some of you guys, there's no other
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situation in which martial arts that is where you won't be able to exert yourself physically
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against another human being. That's trying to do the same thing to you. And there's just
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something very satisfying about it, very fulfilling and rewarding, but also very translatable to the
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rest of your life when you can't punch your boss in the nose or you can't, you know, strangle your
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client that you'd like to. There's just something very good about that. And that confidence of,
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of defending oneself. And I was even thinking about as I'm doing this, I'm sure guys are tired of hear
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me saying this, but as I'm doing this EMT training with my wife, I'm learning like all these things that
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we naturally do, our bodies naturally, all these processes are our bodies naturally do,
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you're overcoming them in jujitsu, right? The feeling of giving up the, the respiration,
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the breathing, you know what I mean? Like trying to calm it down. Like there's all these natural
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tendencies that kind of show up in jujitsu and to be good at it and to last in it, you're fighting
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against them. You are using your mind over your head constantly in so many different areas. And
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it's, I think that is highly rewarding as well. Yeah. I was training with Pete last night and he
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just put a ton of pressure on, on my chest. And I was like, my hand was here. I'm like, I'm like,
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I'm not going to tap to him putting pressure on me. I'm not going to do that. So you wanted to,
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I totally wanted to for sure. Cause it was uncomfortable. Of course. Yeah. Instead I was like,
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okay, put your damn hand down and do what you need to do to get out of this place that you're in
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until then just breathe, like just take a breath. Like, and so that respiratory response isn't so
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because intuitively you're like, you're hyperventilating panic. Yeah. But if you think
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about it in the context of immediate feedback, and I think that's one of the benefits of jujitsu,
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it's immediate instantaneous feedback, right? That hurts. That doesn't work. Oh, don't try that
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again. Cause that is going to go badly. So it's instantaneous feedback, which is very important.
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But when you, in this case, when you have that type of pressure and you're just like,
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okay, you know, you take three deep breaths and then you make your move. I think that's very,
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very translatable to you getting cut off on the road, on your way to work or getting in a fight with
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your boss about the direction of control, whatever. Yes, for sure. Yeah. I love that. I,
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I, with my two girls, I do at two of them every so often they're great now at first they didn't
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like it, but I'll, I will grab one of my daughters and I'll just pin her. And, and at first you'd be
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like, I'm like, calm down. You know what I mean? And she'll just like, I'm like, see, everything's
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okay. You know what I mean? Uncomfortable. Right. She's like, totally. I don't like it. I'm like,
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that's good. You know what I mean? And then I'll let her go. So then that way, when we do train,
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she doesn't freak out. Right. And, and they're, they're great now. Like they'll totally, my,
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my seven-year-old, she struggles a little bit still. She's like, and she'll try to like,
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as I pin her 180 pounds. Yeah. And a seven-year-old, I just demolish her.
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That is funny. A lot of guys actually have questions about getting their kids involved in
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jujitsu. And you actually said something funny. You said, you know, I, I, I train with my daughters
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or my daughter, my youngest daughter, she just doesn't know it. And, and I thought that was
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really telling because my second son, my first son. So my oldest, he's all about it. Like he'll,
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he'll train, he'll drill, he'll go through technique. Well, he'll go through the whole thing.
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My second's like, no, I don't want to do that, but he's just, he's intense. And so I have to
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disguise jujitsu with him. So for him, it's just like, we just play games and I'm like,
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see if you can get past my feet. And I don't tell him it's jujitsu. I'm like, just see if you can get
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past my feet. And he's like, like doing all this stuff. I'm like, he's doing jujitsu. He just
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doesn't know it, you know? So you have to approach it different with each kid.
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Yeah, totally. I have my, my hope is that my, it's funny what we learn as parents, right? Like
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I have a two-year-old and I'm realizing like with my older kids, I didn't, I didn't prep them early
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enough to do chores. I didn't prep them early enough to do jujitsu. My two-year-old does the
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trash now with me. So I come home and I'm like, let's do the trash. And he's all excited. And he
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empties trash cans in the bag. He thinks this is, and my hope is before he's even aware of it,
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this is just status quo, right? Like he doesn't even know that there's an even option to take out the
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trash, right? That this is just part of his duties of life. And, and, and it goes the same
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thing with him. Like, um, he was, I, I'll, I'll send you this video, but I have this video of him
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doing double leg takedowns on my daughters where, and he's two, he's just grabbing both legs and he's
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like dumping them and he's like, and he thinks it's the funniest thing in the world. Like this is so
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awesome. Yeah. Oh man. All right, man. Well, I think we're warmed up. Let's get to questions today.
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Yeah. So our questions today, Facebook, uh, join us there. Facebook.com slash group slash order of
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man. Uh, we got a bunch and yeah, some good questions actually from the Facebook group today.
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Actually, actually, I mean, it's rare. Surprisingly, surprisingly, good questions.
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Trust me guys. We still have faith in, in a, in a, in a large percentage of you in the Facebook group.
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We still have faith in you. So we, we haven't given up totally guys. Come on. Yeah. You guys,
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you guys are the heart of your first line of defense for the order of man movement.
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Fair enough. All right. Joshua Hyman, when, or is there a right time to quit your job and start a
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business? Should you start up while working at your current employer and then progress full-time
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into your own business? Should you be debt-free or very close to it? I know we've answered this
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question before, but maybe a quick response. I think if you wait until you're debt-free or
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everything's just perfect, you're probably going to be waiting forever. So I think you need to take
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the leap sooner than you think you do, because there's always going to be an element of risk
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when it comes to starting a new business and then walking away from, well, in my case, I walked away
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from six figures of residual income. So you're walking away from maybe residual income or a salary.
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And so there's always a risk associated with that. And I think this is more applicable to men.
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And we're usually more willing and capable of shouldering that risk relative to our female
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counterparts. I think generally, I would say that's true. We're a little bit more, we're feel
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more natural for it. To take a risk. Right. Yeah, for sure. But that said that, that, that doesn't
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absolve the sort of risk or, or fear that comes along with that. So I think the greater likelihood is
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that you're waiting too long, not going too early. Now there is the thought out there that says,
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just jump, just burn the boats, burn the bridges. I think if you're young and you don't have a wife,
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you don't have a kid, kids, you don't have a house, you don't have debt. I might say, yeah,
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actually I would, I would actually recommend that. And the risk is minimal. Yeah. Yeah. I would say,
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yeah, do that. In fact, people ask like, what, what advice do you have for young people? I'm like,
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go on as many trips, tour the world, get as many experiences, try everything that comes to your
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mind because it's not going to get any easier to do. And the risk is relatively low for you right
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now. If things get bad, worst case scenario, you can put your tail between your legs and run on home.
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I'm not suggesting you do that, but you could. Yeah. But as a 40 year old man, not happening.
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Yeah. And just so you guys know, like this isn't, this isn't just advice that we'd give you that we
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want to take advantage of. Right. Like my, my nine year old son right now, he's like,
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yeah, I'm not sure. Like, he's like wavering in regards to like his next step. And I told him,
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I'm like, dude, save up a few grand, go to Thailand. What for? Just to go, go there and
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live there for like six months and like live on a boat, man. Like seriously, like do whatever it is
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that you wanted to experience and try. Like, and that's honestly like my, my advice to him, not like,
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you know, settle down. And I'm like, dude, figure out experience, like figure out what you want to
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do, experience life, like run, go for it. As long as there's intentionality about it. Well,
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yeah, because that goes back to what we were saying a minute ago. Of course she doesn't want him to do
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that. That's risky. Yeah. So I wouldn't send my daughter to do that. I wouldn't encourage her to
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do that. It's true. That's true. I wouldn't either. Right. So of course that's the power of having
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a lovely woman in your life who brings a perspective that you don't typically consider
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or isn't your strength on your own. That's the power of having a man and a woman in the relationship
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to father and mother children. You guys don't. And people say, I don't understand women. No shit.
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You're not supposed to. If you actually understood them, you would be more like them. And then that
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wouldn't be any benefit to society. And women will say, well, we don't get men. Yeah, of course we
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don't, you shouldn't be able to fully understand because then you would be like us and that doesn't
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benefit. So it's good that we don't fully understand each other. We respect each other,
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but we don't understand each other. Okay. So back to this guy's question. So it depends on what,
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where you're at. So if you're young, you don't have a whole lot of responsibility or I don't want to say
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responsibility necessarily, but you don't have obligations, wife, mortgage, kids, et cetera,
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et cetera, then maybe, yeah, less risk. Then maybe you take a leap sooner. If you've got a kid and
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you've got a wife and you've got a mortgage, you've got car payments and things like it's
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going to take you a little bit longer. So here's what I would suggest just to put a tangible
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date on it is sit down right now and figure out what your minimum monthly expenses are.
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Your minimum monthly expenses like bare bones. We're going to skim the groceries. We're going to,
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we're just going to pay the service, the debt, but we're not going to have a bunch of
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unnecessary discretionary expenses. Like what it, okay. So it's $2,000 a month, whatever it is,
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three, whatever, just pick your number, $3,000. Let's say, okay, well you need to be,
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if we look at the math, let's just look at the math. You need to be making $3,000 a month with
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your business to quit your job, not five, not seven, not 10, three, because that's what covers your
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expenses. Or here's another way to look at this. You, you look at the trajectory of your business.
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Let's say last month you did a thousand dollars in revenue and you did that for the last 90 days.
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And now you're at 2000 and you see that for 60 to 90 days. And so you can figure in maybe another 90
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days, maybe you'll be at that 3000 mark. So that means that you need to have $9,000 in savings
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to be able to cover and float. Actually, it's not even that much. It's the difference between two
00:17:37.860
and three. So it's $1,000 a month. So you need to have $3,000 in savings to float you until you get
00:17:45.480
to that, that $3,000 a month salary. So I think this is a combination of logic and reason
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and assuming a little bit more risk and stepping outside of your comfort zone than you would feel
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comfortable with. Cause if you're comfortable with it, you'll never do it. So you have to be
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uncomfortable with it to some degree. Does that quantify it a little bit? Okay. Yeah. That's what
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I would suggest. And what I like about what you said, Ryan is, is I think far too often people say
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they want something, but they're never clear on the price that they're willing to pay for it.
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They're not clear on what they're willing to do or what they're not willing to do.
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And, and by doing what you just said is by looking at your budget and saying, okay,
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what is our absolute necessary income? That's kind of me looking at the grand scheme of things and
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going, you know, what am I willing to go without? What am I willing to sacrifice to make this happen?
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And that's really, that's really great to do because some guys may come to the table and go,
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um, actually, no, I'm not willing to sacrifice those things, but then awesome. Don't do it then.
00:18:49.140
Right. But to act on something and not, not be clear on the cost of it is just a waste of your
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time. I actually can appreciate somebody who says, yeah, I'm not willing to pay that price.
00:19:01.080
I appreciate and respect that individual more than the guy who says, I'm willing to do anything.
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And you tell him what to do. He's like, except that. Yeah. Yeah. Yeah. And this is like,
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and this goes for everybody. Yeah. And this goes for everyone that says, I want to be rich. Right.
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It's like, Oh, I would love to be rich. Are you willing to pay the price? Oh, what does that look like?
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Lay it on the table? Uh, no, I'm not willing to. And they don't ever say that. Right. They,
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of course, they're not going to say that, but they are, I mean, that is what they're saying to
00:19:29.320
themselves is I'm not going to do that. Yeah. Yeah. So, so, or they're being delusional to
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themselves and saying, no, I'm doing it all. I am. I'm trying my hardest. Yeah. Are you?
00:19:42.080
Totally. So I think this would be beneficial for Josh. So, or Joshua, you, for you, what this looked
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like for you specifically is, is you double down, right? You, you kept working your day, your day
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job, you started order of man, and you kind of ran parallel for a period of time before you were
00:20:05.280
transitioned. And I know every industry is going to be different. What did that parallel timeline look
00:20:10.800
for you? How long did you put in the extra effort and kind of run two things at the same time before
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you were able to switch? So I'm not a great example. Then, and I say that because I'm not an
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Instagram internet sales guru guy. Who's going to like lie to you and tell you do it this way.
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Cause this is what you do. And it's not sexy. What I'm going to tell you is not sexy. And also
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I acknowledge it doesn't apply to everybody. Okay. I spent almost 10 years building up a residual
00:20:40.900
income and I owned my business too. So I worked for about seven or eight months with order of man
00:20:49.540
before I even took in any sort of income. We made it about a thousand dollars, $1,200.
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That first month we actually tried to turn something on. It was like $1,200.
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And then it took, so that was like seven, eight months. And then it took a year and a half before
00:21:04.700
I was making some pretty good income two years before I was like, okay, I think I could probably
00:21:10.680
do this. Okay. But also I had residual income coming in. Yeah. You were already established.
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I didn't even need to show up to work and six figures would have continued to come in.
00:21:25.000
So I had the residual income coming in. And then when I finally decided to like totally pull the
00:21:32.740
trigger and leave, I sold my business and I got a big payout when I sold my business.
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That's not everybody's situation. So I'm, I'm re I really don't want to be disingenuous. I'm giving
00:21:46.200
you the advice that I would give if I was in your shoes, but my scenario was probably a little
00:21:52.220
different than 90% of the people out there who want to go on and do their own thing.
00:21:55.940
Copy. Copy. And, and maybe it's valuable. I'll share how this worked for me. So I was working
00:22:02.100
for Intel and Micron and I got outsourced to India. That's, that's a nice way of saying I got fired.
00:22:09.060
It was kind of funny because I told my kids, I'm like, I got outsourced. And they're like,
00:22:12.540
did you get fired? I'm like, no, no, no, no. I got outsourced. Did you not hear me?
00:22:17.700
Even kids see right there, right? I got laid off and, uh, but I had a good severance package.
00:22:26.500
I had six months and, and kind of my thought process in the back of my mind was I have six
00:22:32.860
months to try anything. And if it fails, I'll, I'll go find a job, you know? And 15 years later,
00:22:41.740
I never had to go find another job. Right. So it, it took me six months to just double down,
00:22:48.240
but I wasn't going in parallel. Right. I was like all in within six months. I was making to be,
00:22:54.520
to be frank within a month or two, I was making the equivalent of the same income,
00:22:59.060
if not more than I was already making, um, you know, and then I was able to ramp up. So
00:23:04.620
for me, I think if I had that savings, you know what I mean? Of six months,
00:23:09.140
then I could have done the same exact thing. Um, but luckily it was, it was the severance
00:23:13.980
package. That was my, to be frank. So for sure. But let's, let's not overlook something that's
00:23:19.940
very important here too, Kip, that I think would be easier to overlook. Most, what most people will
00:23:24.820
do. Okay. Let's, let's just say they got a six month severance package and I'm going to throw out
00:23:29.440
numbers here. Could be completely right or wrong. It doesn't matter, but let's say they've got
00:23:32.660
$80,000. Okay. Let's just say we got $80,000 and, and they've got six months of income coming in.
00:23:42.580
What will most people do? I got time. I'm good. I got time. And then a month passes. Oh no, no. I
00:23:51.100
still got five months. It's like almost half a year. I'm good, man. And then three months and then
00:23:56.120
two months. And then they get into the last like 30 days. They're like, Oh shit, I got to get a job.
00:24:02.140
That's what most people will do. But you didn't do that. No. Right. That's why you're where you
00:24:07.780
are right now because you didn't do that. Yeah. I had a month notice before I was officially laid
00:24:14.400
off. I had contracts lined up already before I was even quote unquote laid off. So I was double
00:24:21.560
dipping income for six months instead. So you're not playing any bullshit games that most people do
00:24:27.480
with procrastination because that's what most people do. So guys hear us. That's not what
00:24:32.640
Kip did. He didn't say, Oh, six months. Yeah. I got six months to dink around and have fun and tour
00:24:36.280
the world and do all the things. No, it's like, I got to get to work and you did. And here's where
00:24:40.680
you are right now. Yeah. All right. Let's drive on. All right. Michael Doreen, what is the best way to
00:24:46.860
get investing money? I kind of like this question. My apologies. If, if you felt like we've
00:24:51.420
already answered this one too much, but he says not trying to get rich quick, but wanting to put
00:24:55.860
money to work. So maybe some strategies around putting money to work quickly with not much more
00:25:02.120
detail from Michael other than that. Yeah. I mean, it's hard because there's not a whole lot of
00:25:05.580
detail here, but what you do when you're looking at finances is you look at tiers and there's four
00:25:10.100
characteristics when you look at money. So you look at potential rate of return. This is broad. Okay.
00:25:15.200
But just, you guys will get it. Potential rate of return, uh, risk level of risk. That's another
00:25:21.540
factor. Taxation is another factor. And, uh, liquidity is another factor. So those are the
00:25:28.860
four factors that you're looking at. And what, what typically happens is based on those four factors,
00:25:34.920
you're going to sacrifice another factor to get, to get high on one. So for example, if you said, uh,
00:25:40.820
I really need a lot of liquidity. Okay. You're going to sacrifice rate of return if you do that
00:25:46.200
and probably taxation as well. If you said, no, I want the highest rate of return. You're probably
00:25:52.040
going to sacrifice again, just generally speaking, you're probably going to sacrifice some liquidity
00:25:56.140
and you're going to sacrifice certainly some level of safety. Yeah. So when we look at the way that we
00:26:03.140
invest money, when you're just starting out, so I'm going to assume Michael's just starting out
00:26:06.900
because he's asking this question, the, the, the, the tier or the, the factor that you want to look
00:26:12.680
at most is, uh, safety and liquidity when you're just starting out. So if you have no money to your
00:26:20.340
name whatsoever, you need liquidity and you need safety. Now, if you're beyond that, well beyond that,
00:26:27.020
then you can go for high rate of return. You don't need the liquidity because you've got another
00:26:30.100
bucket over here, which is liquid. And you don't need safety because you got this money over here,
00:26:34.340
that's stable and secure. So you can afford to take greater risks. So when you're just starting
00:26:39.020
out, it's those factors, it's liquidity and safety. And then you build from there and all of
00:26:44.140
your little pockets of money are all going to have different factors and they're going to complement
00:26:49.140
each other nicely. So if I have a nice nest egg, let's say I've got three to six to nine months of
00:26:53.900
savings in a savings account, then you need to create another bucket over here that, that poses some,
00:27:00.000
some higher potential gains. Yes. You're going to sacrifice some risk, but it's okay. Cause you got
00:27:05.300
your three to six to nine months over here. So if you're just starting out, I would say you do a
00:27:10.820
savings account. That's not investing. That's saving. That's like, you might as well just put it under
00:27:14.400
your mattress. Okay. Then you start looking at a low risk, highly diversified, low turnover mutual funds.
00:27:24.340
So now at least you're investing in the market. So you have the potential of upward gains,
00:27:29.280
but it's so broadly diversified. It's not turned over very often. So you're saving on fees and taxation
00:27:35.820
that, that at least you open yourself up to some potential gains. So that's where you move from there
00:27:42.940
from there. And that might be a mutual fund from there. You could probably get into a Roth IRA or some
00:27:50.100
sort of employer sponsored program, like a 401k simplified employee pension, all of these programs.
00:27:56.940
And really what those are guys, just a crash course in this. That's just tax code. 401k, for example,
00:28:04.180
is just tax code Roth IRA. It's just tax code. Basically what they're doing is they're saying,
00:28:10.620
we're going to take this bucket of money, this investment right here, and we're going to put it
00:28:16.420
under the umbrella of the Roth IRA, which is just how we're going to treat it from a tax perspective.
00:28:22.760
Yeah. So you can tax that money. Yeah. So if you think about it, it's kind of like,
00:28:27.180
it's kind of like a vehicle. So the outside of the vehicle is the way that it looks right. Here's
00:28:33.600
the body shape. Here's the color. Here's what it is. Then you have the engine underneath the hood of
00:28:38.960
the car and the engine is the investment. So it could be mutual funds. It could be real estate. It could
00:28:43.980
be gold. It could be artwork. I mean, it could be anything really. Yeah. Property. Yeah. Property.
00:28:51.600
Yes. And then it's treated this way from a tax perspective. So again, you go savings, you go low
00:28:58.360
turnover, low risk, highly diversified mutual funds, employer sponsored programs. And from there,
00:29:04.960
I would start really considering investing in businesses, individual businesses. And I'm not
00:29:10.960
necessarily saying individual stocks, although you could get into that a little bit. I'm more
00:29:16.020
suggesting that maybe you want to start a business and you want to throw 50 grand at it or, or a KIP,
00:29:23.080
you know, you have this, this business venture and you're doing this incredible thing with new
00:29:28.280
technology and it's groundbreaking. And I'm like, that actually sounds pretty interesting. I would
00:29:33.020
like to invest $20,000 with you to help you get that started, but that doesn't come immediately.
00:29:38.300
That's up here. Once I have the foundation built and just like a building, the, the, the more solid,
00:29:43.900
the, the foundation that you build wide and deep, the taller the building can be, the more stable it
00:29:50.320
will be. So build that foundation out strong. And then you start growing it from there.
00:29:55.280
Yeah. And would you say some of those business investments could be focused on maybe not even
00:30:00.380
long-term gains, but even just cashflow, like immediate cashflow ideas, just to get cash,
00:30:05.940
more cash coming into the door as well. Right. Give me an example.
00:30:09.960
Well, I, yeah, I'm thinking about this, like on my own. It's like, you know, I don't, I think it was,
00:30:15.500
was it Sean Whelan that made this post? Someone made a post, which I completely loved, which was
00:30:19.500
like, you want to become a millionaire, sell like 10,000 items that, that at $200 each. And when you
00:30:27.220
look at it that way, you're like, could I come up with something that's worth 200, $200? Oh, sure.
00:30:32.180
Yeah, it could. You know? And so, so I just think about those kinds of scenarios all the time. Like
00:30:37.580
it's even crossed my mind of like, oh man, I, I should start a business cleaning garbage cans,
00:30:43.700
hire some local kids in the neighborhood, clean garbage cans, generate some cashflow. Like I'm
00:30:48.020
always thinking about those quick little business ideas to just bring more income or cashflow in.
00:30:53.800
Yeah. You know, I don't know if I'd ever make money long-term from it, but it would be a good,
00:30:57.500
just residual cashflow. Totally. I'll give you an example. I won't name any names here
00:31:02.500
necessarily, but, uh, I've got a friend who had a connection. This was years ago. This was probably
00:31:08.660
six, seven, eight years ago who had a connection in China and he ended up buying a bunch of, uh,
00:31:14.620
electronic toys, like remote control helicopters and remote RC type cars, things like that. So he bought
00:31:20.720
them in China for, for the price at wholesale. And then he sold them and he marked it up to 300%
00:31:26.760
and he sold them here and he made a lot of money doing it in a very short period of time.
00:31:31.780
And now he owns his own, uh, his own company. Again, I'm not going to say the company just,
00:31:36.900
just cause I, I want to respect this person, but now he owns his own company and he manufactures his
00:31:43.960
own, uh, merchandise and he's doing very, very well with it. But the launching point was buying cheap
00:31:48.860
shit from China and then marketing to 300% selling it. And now here's where he is now. So yeah,
00:31:55.640
there's so many options. I mean, even Sean Whalen, he, he talks about going to yard sales
00:32:00.680
and, and finding, you know, a, an old elliptical or an old treadmill or an old this or that. And
00:32:06.440
then he marks it up 200% and he sells it on Facebook for free. Yeah. So the opportunities
00:32:11.260
are there and people say, Oh, I can't believe we would do that. Why? Like you could do that.
00:32:16.220
There's nothing wrong with that. There's a demand. And as long as it's a voluntary transaction,
00:32:20.460
transaction, this individual sold it for this price and they agreed upon it. And this other
00:32:24.360
individual is willing to pay two times more. Who are you to say, well, it's only worth this much.
00:32:28.340
It's worth whatever somebody will pay for it. That's it. Period. Yeah. So yeah, I knew a guy
00:32:33.120
that was buying old, like classic sneakers, like old Jordans from the nineties. And he would just find
00:32:38.320
all these old shoes in great condition and then resell them at a huge marked up price. And that's all
00:32:44.460
he did. Good for him. Yeah. That's the power of capital. Oh, it's greedy. Well, no, it's just,
00:32:49.980
it's creative. Yeah. It's using a little initiative. Yeah. And like you always say,
00:32:56.100
it's like, that's the beautiful capitalism is like, if there wasn't a demand, then there would
00:33:01.640
be no transaction. Right. So you're providing a service that someone's willing to pay, you know,
00:33:06.840
this is the thing. This is the thing I get so upset. We'll use actors and, and athletes. People
00:33:12.600
say, Oh, they get paid too much. Really? Did you buy a ticket to the game? Did you pay for the pay
00:33:18.840
per view for UFC? Yes. Then shut up. Yeah. Apparently not. Because you actually are too
00:33:26.140
much. Right. Cause you actually voted. You said, I think this person should get some of my money.
00:33:31.740
If you think they get paid too much, then just don't support them. And if enough people do that
00:33:36.420
because they believe like you, then their pay will go down. This is the whole concept. Remember a year or
00:33:42.100
two ago, I think it was the women's soccer team. They wanted to make more money. Yeah. They wanted to
00:33:47.100
make as much as the men. And it's like, well, but not as many people want to come see you as the men.
00:33:52.160
So why would we pay you more? And guess what their response was? Their response was, Oh, well, you
00:33:56.940
just, just come to more of our games. Like that's how you can support us. Come to more of our games.
00:34:01.960
Yes. That's right. That's the answer. That's the answer. Not just gift you more money. It's like,
00:34:08.400
no, have people actually more people come to your games. And if they don't, then, you know,
00:34:12.620
you're not worth as much. I'm not talking about human worth. I'm talking about your salary.
00:34:17.740
Yeah. Your service, the service in which you're providing valuable. That's it. Totally. And have
00:34:23.360
you seen that interview with Rhonda Rousey where she was, it was, um, it was a media, a press conference
00:34:29.200
when she was getting ready for, I think her fight with Misha Tate and, and a journalist asked her
00:34:35.540
about gender equality and pay. Have you seen this? I haven't seen it. It's great. Oh yeah. You got to
00:34:41.820
watch it. But, but ultimately she was like, um, I get paid more than most male fighters. There's
00:34:48.080
actually only a few male fighters that need more money than me and has nothing to do with my sex,
00:34:52.260
my gender or anything else. It, it comes down to your people want to see me fight.
00:34:57.460
That's right. I'm an entertaining fighter. So thus I get paid more.
00:35:00.940
Right. I mean, Connor McGregor is a master at this. I mean, he's, let's be real. He's a good fighter.
00:35:08.460
He's not the best fighter in the world or ever. Like we know that, right? Yeah. We know that
00:35:13.120
objectively. We know that. And yet he is one of the highest paid fighters of all time.
00:35:19.480
Yeah. Because he realized it goes well beyond just what he does in the cage. It's what he does
00:35:25.700
outside of it. And he learned how to market himself and make himself more valuable. Totally. And part of
00:35:29.640
that market is people hating him because even the guys that hate Connor McGregor want to see him fight
00:35:34.980
in hopes that he gets his face punched. Right. And the guys, the guys who love him want to see him
00:35:40.840
fight because they want to see him win. So we all want to see him. We all want to see him fight.
00:35:45.060
Right. And the benefits from it all, even though, even though we may not like him.
00:35:49.520
As you said that, I don't, I don't know if you heard me, but I almost snorted as I was laughing.
00:35:54.720
I think it has something to do with what's going on in here.
00:35:57.060
I actually sneezed this morning and I was like, Oh, don't sneeze anymore. That
00:36:05.040
what you should do is get a COVID-19 test. Yeah. That's what you need to do.
00:36:10.800
It is. It's COVID. That's the reason my nose is crooked. It's COVID.
00:36:18.800
Savrio Petrini. Sorry, man. Writing from Italy. We are all following the chaos happening in your
00:36:25.660
country. Apart from trying to give an alternative point of view to the MSM propaganda, how can we
00:36:31.880
help from abroad? You can't imagine how many of us want to help. It's kind of cool.
00:36:38.980
Yeah, it is cool. It's, it's nice. It's a nice gesture, but help with what? I'm not quite sure.
00:36:43.980
You know, like what would you, what would you just the chaos, the misinformation probably. I mean,
00:36:49.200
since he brought up the alternative view of MSM, you know? Yeah. Look, I don't know. Look,
00:36:54.760
I don't know about Italy and how the country is run. This is not my, my purview. This is not
00:37:00.040
something I focus on. So I might just be sticking my foot in my mouth, which I'm more than happy to do
00:37:04.280
always. The only thing I would say is just share the truth of, of your current situation. You know,
00:37:12.760
what's working well, what isn't working well, you know, cause I think, I think the country,
00:37:17.180
our country, America is going down a path that we're very ignorant generally
00:37:22.000
and collectively about the path that we're taking, which, which appears to be a trend towards
00:37:28.060
more socialism, Marxism, that sort of thing, an ultimate, some sort of just hate and vitriol
00:37:36.400
towards the concept of individual Liberty and capitalism. And it's very nice and easy to be able
00:37:42.600
to yap about that when you don't have to deal with and never have dealt with the ramifications of
00:37:48.040
a communist or socialist society. So I think the best thing that any person outside of the U S can do
00:37:57.560
is to say, look, this is the path that we took and this is why it didn't work. Or this is why it did
00:38:03.440
work and, and share that perspective. Um, you know, but outside of that, I don't know. I don't,
00:38:11.480
I don't know. I really don't. I'm kind of at a loss on what you might be able to do to help,
00:38:15.300
but just keep sharing your perspective. I think that's valuable. Um, and that's it.
00:38:24.520
I don't know. I'm kind of at a loss on that. That's a good question. I just kind of at a loss.
00:38:27.640
I think it's a bit, and it's almost the same response that we'd give every guy, right? Like,
00:38:31.300
how do you help? Right. We, we stand for truth and righteousness. We, you know what I mean? Stand
00:38:36.840
for things that are correct. We share. Well, and here's another, here's another thought on that.
00:38:40.440
Good examples. Right. And, and get involved with the, the things that you feel are valuable. So if
00:38:47.500
there's companies that you really support, for example, I believe the, in the power of American
00:38:53.680
manufacturing. So if he's like, how can we help? Well, maybe you support America by buying American.
00:39:00.820
You know, if you really do want to help, like origin's a great company. There's plenty of great
00:39:04.940
companies out there that are, that are a hundred percent made and sourced in America. Um, I just
00:39:10.600
bought some boots, crispy boots. I think they're from, I think they're made in Italy, in fact,
00:39:15.100
but that's a great thing. The point I'm making is that if there's organizations or businesses that
00:39:20.480
you support and you believe in what they're doing, then, then that's good to vote with your dollars,
00:39:26.280
vote with your dollars. And that's a great way to support. Even if it's just charity, you know,
00:39:30.040
you find a charity that's here in the U S and you think this is a valuable cause,
00:39:33.900
whatever that cause may be, then consider donating and sending some of your hard earned
00:39:37.980
money to that charity or that organization or that business. And that goes a long way for sure.
00:39:43.600
Yeah. All right. Nathan Hansler, since about, since about month 11 of my marriage, my wife
00:39:52.080
has taken over our budget. She is much better at numbers than I am. And she is a real,
00:39:57.520
she has a real knack and a love for it. When I took care of the budget, she would always get anxiety
00:40:02.840
and fret over. It was done correctly. And it was a constant argument in our marriage. I decided to
00:40:08.180
delegate and let her do the thing as she desired to do. Even if it was, uh, even if it was being in
00:40:15.320
charge of the finances and now we're in a better place in our, in relationship wise because of less
00:40:20.060
money arguments. My question is, does giving up my sovereignty to my, to my wife over our finances
00:40:25.540
truly make me lose my sovereignty and make me less of a man? Or am I taking my role as leader of the
00:40:32.340
house by delegating the job to my wife and maintaining my sovereignty? Okay. So let's just
00:40:37.140
get this out of the way. There's a real misconception about what sovereignty is. Okay. Sovereignty doesn't
00:40:44.240
mean that you can't have other people around you doing things in your life and helping. You're not
00:40:50.780
relinquishing sovereignty by doing that. Cause if you were, if that were true, then Kip, I would be
00:40:56.140
relinquishing some of my sovereignty by having you in this podcast with me. Yeah. But am I, and we
00:41:01.900
would never get anything done because we don't have enough time to write. Or am I relinquishing my
00:41:06.700
sovereignty because Cody edits the podcast and he does a wonderful job and does a better job than me,
00:41:13.180
but because I'm not doing it. So I'm relinquishing my sovereignty. No, of course not. So guys,
00:41:20.220
we need sovereignty is a really cool word, but it's very often misunderstood. It's in fact,
00:41:27.660
a lot of people talk about this in the concept of the gospel, like how can you be a sovereign man,
00:41:31.820
but believe in God and give your life to Jesus because you voluntarily did that. And it helps you
00:41:36.940
to have the type of life that you want to have. So you're not relinquishing sovereignty. Sovereignty
00:41:44.060
is losing control. It's blindly following it's, it's being subjected to or enslaved in an extreme
00:41:52.780
circumstance to another person or party or organization. That's, that's what I'm talking
00:41:57.980
about. So for example, if you go into your debt up to your eyeballs and you can never get out from
00:42:03.580
under this debt, yes, you've relinquished some of your sovereignty, but who services the debt and who
00:42:09.260
decides like how much we're going to put towards this and this. And that's like, this is delegation.
00:42:16.060
Like what, if you thought that was the case, why in the world would any guy get married?
00:42:20.700
Like my experience being married has actually, that's been one of the greatest blessings of my
00:42:28.540
life. It's magnified my abilities to perform, not subjected me to her desires. Like it's actually
00:42:37.660
helped and magnified what I want to do. What were you going to say?
00:42:40.380
Yeah. Well, I was just going to ask in Nathan's example, how would you reword or not reword,
00:42:47.180
but how would you change his circumstance to represent him losing sovereignty?
00:42:53.260
In what way would it? Yeah. Like for instance, well, maybe I'll just try and you can tell me if
00:42:58.700
I'm on, on target here. So in Nathan's example of his wife doing budget, him, uh, not having
00:43:05.180
sovereignty would be blinders on his wife's doing the budget. He's completely unaware of anything.
00:43:11.980
He probably demonizes her, complains that it's done incorrectly, whatever it, but yet has no part
00:43:19.020
in what's going on and is a victim of her paying the bills and washed his hands of it. Would you say
00:43:25.100
in that example? Sure. Here's an even more tangible example. If you have to go to your wife and you have
00:43:32.620
to say, Hey hon, uh, I'd like to go out to the, to the game with the guys. And, um, can I get $50 to do
00:43:40.860
that? And she says, no, we're doing this and this and this. Okay. And then you leave with your tail
00:43:46.380
tucked between your legs. Okay. Yeah. You relinquish some of your sovereignty. Okay. Now
00:43:54.060
counter to that, I'm not saying that you can just go spend reckless. My wife doesn't have to call me if
00:43:59.020
she wants to make a hundred dollar purchase. Like she doesn't have to call me for that. Cause I trust
00:44:04.540
her. I don't have to call her. Now, if I'm going to make a $500 purchase, just out of respect,
00:44:10.620
I might say, Hey hon, um, you know, here's what I'm thinking. I'm thinking about purchasing this
00:44:15.340
thing. Are you, are you good with that? Is there any things I need to be aware of or whatever?
00:44:19.260
And I'm not even asking for permission. I'm just kind of telling her, this is what I'm going to do.
00:44:23.740
And so like, get on board with it. And, and she would have to do the same thing. Like if she was going to
00:44:28.940
make a thousand dollar purchase, she would call me not because I've told her to, but she would call
00:44:33.900
me and say, Hey, uh, you know, I really need some new clothes for me and the kids. And, uh,
00:44:38.460
we're going to spend a thousand dollars, like anything I need to be aware of. Is that okay?
00:44:42.780
Are we all we're good. And I would say yes or no, depending on the situation that's out of respect.
00:44:48.460
Yeah. Yes. It's just a level of respect, but she's not asking me for my permission. I'm not asking
00:44:53.820
her for her permission. So yeah, if, and I'll hear this guy in the concept of guys going,
00:45:00.780
you know, like, Hey, uh, yeah, I'd really like to come hang out with you guys,
00:45:03.580
but my wife won't let me tonight because dot, that, that sovereignty issue.
00:45:08.860
Yeah. Now, if, if I said, Hey guys, I'd really like to come tonight, but my wife's been planning
00:45:13.580
this vacation for two weeks and she left. So I'm with the kids. I won't be able to make it tonight.
00:45:17.900
Not a sovereignty issue. You guys made that choice together. You you're staying with the kids.
00:45:23.660
It's not a sovereignty issue, but if you're begging and asking to do things from your wife,
00:45:27.740
yeah, you got issues that you need to work on. Yeah. Yeah. Now, how would you relate
00:45:43.100
Yeah. I think there's a correlation between sovereignty and presiding in some way, right?
00:45:48.700
So if, if Nathan is in a, in a position where he's presiding, what does that budget now look like?
00:45:54.540
What does that managing the budget and the finances look like from the position of presiding,
00:45:59.740
not necessarily doing the work though? Yeah. So I'm, I'm a believer in the whole
00:46:04.940
idea and the concept of the buck stops here. So let's just hypothetically assume, and it doesn't
00:46:12.540
sound like this is the case, but let's assume that your wife is doing a horrible job. Yeah.
00:46:18.220
The bills aren't getting paid. The debt isn't being managed. You're going in the hole. No idea
00:46:24.300
where the money is and where it's going. None, none, no, no idea what's happening here.
00:46:29.340
That's a leadership issue. So you need to dial it in because the buck stops here. Who does it stop with?
00:46:35.900
The man. Yeah. Yep. You're the patriarch. You're the leader of the home.
00:46:41.500
And I know there's a lot of women listening. I know there's a lot of men listening. Some of you
00:46:44.860
are agreeing. Some of you are not. The deal is you're the man in the home because look,
00:46:48.940
when shit hits the fan, nobody ever turns to the woman. No one. Like when's the last time
00:46:56.940
somebody turned to a woman when things were dire? And it's not to be demeaning towards women. I'm just
00:47:04.220
saying we look to the man. And so if the financial house is out of order, it's your fault.
00:47:12.460
Well, but she does the thing. Yes. But it's also your responsibility. I wrote a couple of things here
00:47:17.740
as I was listening to your question. There's a couple of things that can't be outsourced.
00:47:22.620
Finances is one of them. Now that doesn't mean people can't help you. I don't do my own taxes.
00:47:29.500
I have an accountant, a CPA who does a wonderful job. He helps me with my taxes.
00:47:34.940
But if he gets it wrong, who has to pay? Not him, me. So if he's doing a crappy job,
00:47:40.860
guess whose fault that is? Mine. Cause I hired him and I need to probably fire him or get on the
00:47:46.700
same page and figure out what's going on. It's still my, my responsibility. The buck stops here.
00:47:52.540
Finance is one of them. Health. I can't have somebody else go do my pushups for me.
00:47:57.420
Like I can't eat like shit and then have somebody else eat all the celery and carrots and
00:48:03.900
salads and healthy food. And then I'll be healthy. Like you can't outsource that.
00:48:10.140
Yeah. Or expect your coach to make you healthy, even though you're unwilling to follow the diet.
00:48:14.860
Right. Then that's what I'm saying. You hire a coach.
00:48:18.780
You buy a program, you buy a course that doesn't relinquish your sovereignty. It's just like,
00:48:23.180
no, I need some help in this. And actually it magnifies your sovereignty because you'll be in
00:48:27.180
more control of your life. If you're healthy, if you're financially successful, another one,
00:48:31.580
relationships. I can't outsource my relationships. Like I can't have somebody else call you Kip and
00:48:37.420
say, Hey, Ryan really misses you. And he hopes everything's going well for you. And he just
00:48:41.820
wants to be a good friend. That felt genuine for sure.
00:48:46.220
It's like you can't outsource, but I could have somebody help me manage it. I could have a program,
00:48:51.180
for example, that says, Hey, it's been a little while, uh, since you talked to Kip,
00:48:55.420
you might want to reach out to him. And then I, I have a good friend who does this in fact,
00:49:00.780
and I don't feel slighted in the least. In fact, I feel important. Jordan Harbinger,
00:49:04.540
the Jordan Harbinger podcast without fail, every, I would say, I don't know his schedule.
00:49:10.860
He's got it on a program or a calendar somewhere, obviously, but every two to three months I get a
00:49:15.260
message if I hadn't heard from her, or we haven't chatted beforehand. And he'll just say, Hey, Ryan,
00:49:19.420
I was just thinking about you. I hope all's going well. I ran across this cool thing. And it sounds
00:49:23.100
like something you'd be interested in or something that you would like. And it's like very simple.
00:49:26.860
I know for a fact that he's got a program or a software or a, or something in some database
00:49:35.340
where it's like, follow up with Ryan. Maybe it's even a person that says you haven't talked to Ryan
00:49:39.500
for a while. Follow up. I know that for a fact. Cause he's told me I don't feel slighted. I'm in
00:49:45.100
his program. I'm in his system. He makes the effort to go do it. You can't outsource it, but you can have
00:49:50.540
help. And that's what we're talking about here. You can't outside source your finances, but you can have
00:49:56.460
help managing it. In this case, your wife does a better job than you. That shouldn't,
00:50:00.620
that shouldn't make you feel like less of a man. In fact, you should feel more manly
00:50:04.540
because shit's getting done and you're not having to do it. So you've managed your resources
00:50:08.940
very, very well. I know it sounds cold to talk about your wife in the context of a resource,
00:50:15.340
how I'm saying it, but, but it is it's you're managing your resources very well to ensure that
00:50:21.180
the family is being managed correctly. And so you shouldn't feel like less of a man.
00:50:26.060
If it's getting done and it's getting done, right. You should feel more of a man because
00:50:31.420
the buck stops with you and it's getting done. Yeah. Just don't give up the ownership of yes,
00:50:38.780
it goes south. You continue to own it. Yeah. If it goes south and you're like, well, you,
00:50:43.900
you, you, your fault, blah, blah, blah, blah, blah. No, you managed your resources incorrectly.
00:50:49.500
You had somebody do it. Like I would, let's be frank here. I'm not going to give the finances
00:50:55.100
over to my wife because it wouldn't go as well as if I did it. That's our dining.
00:51:02.140
She probably knows that. She knows that. Of course she knows. She doesn't want to do it.
00:51:05.740
Why would she want to do that? She hates it. Okay. So I managed my resources correctly.
00:51:10.940
Now the cooking, I hate cooking. I don't want to cook. I don't want to think about it. I don't
00:51:15.420
want to read cookbooks. I don't want to spend time. I don't want to do any of that. I don't want to,
00:51:19.260
but everybody in the house needs to get fed. So here's what the deal is. I'll provide the food.
00:51:25.420
Either we'll go kill it or I'll pay for it. And then you prepare it for us. How's that sound?
00:51:31.260
Perfect. Good. Everybody wins sovereignty maintained masculinity intact. All is good.
00:51:41.260
Copy. All right. Jeremy Hall, one lesson you learned in 2020 that you want to carry into 2021,
00:51:56.620
Um, 2020 was a very good year for us. So it's, I know it's been hard for a lot of people,
00:52:06.380
but I feel like, okay, here, here's, here's, here's a lesson. I hadn't even thought about it.
00:52:11.900
So you just said it. So we moved here about a year and a half, almost two years ago now,
00:52:19.020
Time flies, man. Time flies before COVID, before COVID was a thing or a consideration about six
00:52:25.740
to eight months before it was a thing. And we decided at the time that we're going to move to
00:52:30.700
Maine away from our house and our friends. And really the only thing that we've ever known for
00:52:36.300
20, 30 years, we're going to pull our kids out of the school system. We're going to start
00:52:41.740
homeschooling them. Like everything that we did, we had no idea why we did other than we wanted to
00:52:50.300
try something new. We wanted to do an adventure. We wanted all these things.
00:52:55.180
That's a lot. It was a big, audacious, crazy thing to do. And then COVID hits. And I just told
00:53:04.460
you 2020 was a very good year for us. It would not be the same if we were in Utah.
00:53:10.060
It would not be the same if I didn't take a few more intuitive risks. I say intuitive. I,
00:53:20.940
I say that deliberately the word choice that I would use just for my own personal
00:53:32.620
risks that my wife and I took in order to lead our family and do what we thought was in their best
00:53:36.700
interest. And because we took those made those choices and they weren't always rational,
00:53:43.580
they weren't always saying they weren't always well calculated or well thought out,
00:53:47.500
but they were divinely inspired set us up very, very nicely for 2020. And I have a sinking suspicion
00:53:57.100
that in 2021, they will continue to be the same. That's not to say we're not going to go without our
00:54:01.500
challenges. We will. But the lesson is this, there is a, there's a factor that's hard to quantify.
00:54:10.380
And for men who tend to be more analytical in nature, scientific, a lot of engineer types numbers,
00:54:16.380
guys, prove it, prove it to me, prove, show me, show me, show me the data. Show me where it is. Show me
00:54:21.980
prove that that's going to work. There's other factors at work guys. And you ignore those at your
00:54:31.100
own peril. If you can't take in all of the factors, the tangible ones and the intangible ones, and then
00:54:40.620
make your decisions based on everything, then you're leaving some important considerations
00:54:48.300
off the table that could actually lead you to a better place. And sometimes you won't always be
00:54:54.540
able to explain why. And you know what? It's okay. It's okay. Who do I need to explain it to?
00:55:03.340
I don't need to explain to you why I moved to Maine. I don't need to explain to you why we decided
00:55:07.660
to homeschool our children a year and a half ago. I don't need to explain anything to anybody,
00:55:12.700
except for maybe my wife and my children. So they understand what we're doing.
00:55:17.420
And then my creator, when I meet them in heaven someday, hopefully in heaven,
00:55:23.020
those are the only people I need to explain things to everybody else doesn't matter.
00:55:28.620
Which is interesting that we do that though. Like that's a human behavior to go like,
00:55:32.300
well, how do I explain this? Like it's almost innate for us to, I know, but it's, it's interesting
00:55:37.980
how we, I don't know how that's just kind of a standard.
00:55:41.260
We don't want to feel bad. We don't want to make people feel bad. Like Kip, for example,
00:55:44.700
if you called me up and you're like, and I was in your area and you said, Hey, will you help me
00:55:48.940
move this weekend? I'd be like, Oh no, I can't because right. Like, why do we need to say that?
00:55:54.300
Why can't you just say, I can't, no, I can't this weekend, Kip. Thanks.
00:55:56.780
I don't want you. Good luck. No, that sounds miserable. Good luck. But you motor my truck.
00:56:01.580
You can have a truck if you want for the weekend. That's not fun. Why would I help you?
00:56:12.780
I mean, it's good to be charitable of course, but, uh, but you get the point is like,
00:56:17.740
actually this ties in nicely. I know you're the master of segues on this, uh, this podcast,
00:56:22.300
but I'm gonna throw one out here in the iron council. We're talking about being, uh, being a
00:56:28.060
nice guy. And we're using the book, Robert Glover's book, no more, Mr. Nice guy. So nice
00:56:32.060
guys will have a tendency to try to over explain and justify everything. And somebody who's not a
00:56:38.140
nice guy, I'm not saying they aren't nice or kind. I'm saying they're not a nice guy. Understand
00:56:43.340
the difference. There is a difference. We all know what it is. So don't pretend you don't.
00:56:47.340
Uh, a nice guy wouldn't feel the need to justify every decision he makes.
00:56:52.140
Yeah. Cause he's not trying to appease everybody all the time. Yeah. Yes. Because he doesn't,
00:56:59.180
it doesn't matter. It's not a factor. Now there's certain people I would want to explain myself a
00:57:03.820
little bit more to, but for the most part, it's like, I don't, I don't have to justify or rationalize
00:57:08.460
what I do to you, a stranger. I don't, I don't have any need to do that or to, or to appease your
00:57:14.060
own ego or your own sense of worth. That's on you, not on me. Yeah. I like it. All right.
00:57:20.620
Stephen Hunt, kids and adults have a negative connotation around being a try hard. By the way,
00:57:26.060
I've, I've never heard this term before, so you may want to explain it for those centers.
00:57:29.500
Try hard. Two examples. Yeah. Being a try hard. He says two examples. I coach you sports and have
00:57:35.420
had teammates make fun of other players for being a try hard as a coach. I wish all my players would
00:57:40.540
try to do the best all the time. Secondly, compared that to a guy trying to talk to a girl or building
00:57:47.100
a friendship, can you try too hard to gain others approval? What's the difference between
00:57:52.380
being a try hard and trying your hardest at something, whether relationships or skill related
00:57:57.420
activities? Is it just a cultural problem or is there such a thing as trying too hard?
00:58:04.140
Yeah. I mean, we might get into semantics a little bit here. I I've heard the term try hard
00:58:07.980
and a try hard is somebody who might be just to look good.
00:58:10.700
Yeah. Or like a brown noser, maybe a little bit. Okay. You know, I think that when somebody says
00:58:16.380
that, I think that's what they're doing. So the really, the only distinguishing factor here,
00:58:20.140
and it doesn't really matter what you word you use, pick your word, but let's words are important,
00:58:24.540
but the meanings of the words are actually more important and the context in which they're shared.
00:58:29.100
So if I, cause look, you guys could take all sorts of things out of context in this podcast.
00:58:33.660
I might've said something about women earlier about the relationship I have with my wife. And if you took
00:58:38.620
it out of context, it might make me sound like a misogynist or a horrible human being. But if you
00:58:44.460
use it in the context of what I was saying, then it's not as bad. Same thing with, uh, our founders,
00:58:50.860
you know, this happens a lot. Oh, our founders were racist and yes. And I'm not saying it's right.
00:58:56.300
I'm just saying that everybody was a racist 250. Everybody was a racist 250 years ago. It doesn't make it
00:59:03.820
right. It's just the context. And we've moved a long way from where we were 250 years ago.
00:59:10.380
Right? So I say that as a, as a, as a, uh, just a bit of a forewarning for what I'm going to share
00:59:18.700
with you here is that with, with being a try hard, it's really about your motive.
00:59:23.500
The motive is important. So when you say, Steven says, can you try too hard?
00:59:32.540
It depends on what you mean by try hard. Are you saying try hard for yourself? Like I want to be
00:59:38.540
the best podcaster. I want to be the best husband, or I want to do this and I want to excel. Can you
00:59:44.060
try too hard? No, I don't. I don't think so. But if you're saying, can I try too hard to gain the
00:59:54.220
acceptance and approval of others and make sure that they like me and get them to notice and
00:59:59.500
acknowledge me, then absolutely. You can try too hard and compromise my values and who I am as a
01:00:05.500
person and lose my identity in the attempt of being liked by someone. Of course. Yeah.
01:00:11.820
So I think you ought to go to your motives, but look, I mean, the reason that somebody would call
01:00:16.300
somebody a try hard, if their motives appear, it's the crab in the bucket mentality. And you
01:00:22.220
just hit on it right now. Everybody's heard the analogy. It's like, if one crab starts to crawl out
01:00:27.100
of the bucket, the other crabs will literally grab it and pull it down out of the bucket because it
01:00:32.060
doesn't want it to escape. That's what you might be running into. If you have one kid on your team
01:00:38.140
or a handful that are excelling, the ones who aren't excelling rather than trying to excel
01:00:44.700
and exert themselves, they'll mock and they'll poke and they'll ridicule and they'll make fun of
01:00:50.700
the one who's excelling. So it's your job as a coach to inoculate a young man or woman against
01:00:57.660
that mentality by saying, Hey, you know what, Timmy, I see you. I see you every day. You get here early.
01:01:07.420
You're the last one to leave. Every time you get on the field, you're running, you're cheering for
01:01:12.700
other people. You're trying as hard as you can. And I want you to know, I acknowledge that and that
01:01:18.060
will serve you for the rest of your life. I also know a little Timmy that people don't like you
01:01:25.260
because of that. And they poke at you and they mock you and they ridicule. And I want you to know
01:01:30.860
that that too is a sign that you're doing the right thing. So you could use that as an excuse to
01:01:40.540
be less than you're capable of, or you could acknowledge it for a little bit of feedback
01:01:45.420
that says you're on the right path. We don't place ourselves above other people.
01:01:50.460
You're not doing it to boost up your own pride, but you know, you're capable of something more.
01:01:55.500
And that's why you try so hard. And when these guys give you a hard time,
01:01:58.700
it's because they have inadequacies in themselves, not in you. It's your job to explain that because
01:02:05.500
kids don't know that kids are dickheads. And the other ones who aren't are a little bit ignorant
01:02:11.660
and naive and tender. And it's our job as men to, I don't want to use the word harden.
01:02:19.180
That's why I like the word inoculate. We want to inoculate them against
01:02:24.060
the tendencies of human beings to be miserable to each other.
01:02:28.220
Yeah. And what a beautiful lesson, right? Like the example you just gave, if you can get a kid to
01:02:33.340
realize that and they can latch onto that and make that a way of being as they get older,
01:02:40.140
oh my goodness. Like what's possible, you know, anything.
01:02:44.860
And also, you know, that you have an opportunity to teach your other kids who aren't excelling to
01:02:48.940
that level, the same thing. Now you got to be careful because you could actually throw a little
01:02:53.020
Timmy under the bus by saying, why can't you be all like little Timmy? Yeah. Yeah. Now you just
01:02:58.860
teed them up. Yeah. But you can acknowledge not just Timmy, but even look, if you can find something
01:03:06.460
good, something right, some, some behavior, even if it's just a little glimpse in the guy who's got
01:03:13.740
an attitude and you acknowledge it, what do you think that kid with the attitude is going to do
01:03:17.340
next time? He's going to do it even better next time. Totally. Yeah. Yeah. One of my favorite,
01:03:22.700
I don't even know who the quote was. I think it's Stephen Covey. He says that, you know,
01:03:25.500
you want to change the behavior of a person, change their role. And I mean, I think there's a little bit
01:03:30.060
of that is it's, it's giving trust to someone. It's, it's letting them know that you believe in
01:03:35.500
them in a unique way. And a lot of people will shift and they'll kind of rise to the occasion.
01:03:39.900
I think that actually happens in, in belt promotions and jujitsu where I really, you guys get promoted
01:03:46.860
and they're like, all right, like somebody believes, switch turns. I'm now blue. I got to act like one,
01:03:53.980
you know, and then they rise to the occasion. So, yeah, I, I have a, I, there's a soft spot in my
01:03:59.740
heart and there aren't many, but there's a soft spot in my heart for, I'm telling you, man, for
01:04:04.460
coaches, no, seriously for youth coaches, man. I mean, what do you say about these people? Like
01:04:13.980
they give up time away from their own families, from their own activities. And they engage with other
01:04:19.360
kids who aren't their own, who are going through the, there might be something you say,
01:04:23.720
you get in a little kid's face, not in a, not in a bad way, but you get in a little kid's face
01:04:27.320
and you say something to him and just use just the right word or just the right inflection,
01:04:33.780
or, or you give them just the right look. And he's never experienced that before. Not at home,
01:04:39.800
not at school. Everybody else thinks he's a loser. His parents are losers. His dad's not around his
01:04:45.800
mom's, you know, an alcohol, whatever, whatever the things he's dealing with. You don't know what he's
01:04:50.260
dealing with. And you might just say one little thing. How do I know? Because somebody did it for
01:04:55.780
me. One little thing. And it completely changes their life because you were around. That's an
01:05:03.780
incredible power. And I think we, as men ought to utilize it a little bit more than we currently do.
01:05:10.340
We get so wrapped up in our own things. And man, that's one area that I really,
01:05:15.320
really enjoy turning outwards. It's very powerful. Yeah. And you saying that reminds me why it's so
01:05:22.180
important for coaches to keep, to keep kids in sports. You know, I I'm thinking about the,
01:05:29.300
that same young kid that might be playing football and he's learning this stuff from his coaches.
01:05:34.120
And then he, he stops playing because, you know, it wasn't enjoyable or you know what I mean? He
01:05:42.020
wasn't getting the feedback. And so as important as that coaching is, it's also important that these
01:05:46.900
boys kind of stay in too. And that's one of the, the, the challenges of a coaches making it
01:05:54.000
rewarding enough that they want to come back, you know, that we don't drive them so hard that they
01:05:59.600
just want to quit either. Right. And so I, I at least struggled with that in the past of how do I
01:06:04.420
push these kids in a way to get better, but also so they enjoy the sport. They, they feel fulfilled by
01:06:11.120
playing the game at the same time. Yeah. And I think every little, every little athlete you have
01:06:16.760
is a little bit different. You know, I've had in the years that I've coached football and baseball
01:06:21.320
is I've had some tremendous athletes who I feel like I can push a little bit harder because their
01:06:26.960
resolve to win and compete and strive is a little bit more strengthened than another. So I feel like I
01:06:33.920
can push on that individual a little bit more. And then I might have somebody who, in fact, I know
01:06:38.460
I've had kids come out and the, the, the moms have approached me and said, he's never played
01:06:45.160
baseball before. He only plays video games. His dad's not around. He doesn't have very many friends
01:06:51.460
and I'm not going to ride that kid. Like I would the all-star athlete. Yeah. And in fact, I'm going
01:06:56.640
to encourage the all-star athletes to put my, put his arm around that kid and say, Hey, let me show
01:07:01.580
you a couple of things, you know, cause it's sometimes more powerful coming from his peer than coming
01:07:06.200
from me, but you have to know your people, right? You have to know this guy I can push
01:07:10.580
in this particular way. And this guy, I just need to make sure he has a good time and he connects
01:07:16.340
discomfort with confidence and overcoming and being proud of himself. He, I have to make that
01:07:22.360
part of a team is, is, is his goal. Yeah. Yes. Yeah. Yeah. Hmm. All right. One more question.
01:07:28.980
You go, let's do it. Yeah, let's do it. All right. Joshua King in a sales role. Would you,
01:07:33.220
would hiring a personal coach be a smart decision at what point in your career? If so,
01:07:38.360
I hear as I hear on many podcasts, how valuable they can be to help improve the conversation rate
01:07:43.960
and other goal areas, but would you, but would like to hear both of your thoughts. Thank you guys.
01:07:49.140
Love the podcast movement. Sorry. I, I'm not sure if I slaughtered it or if it was odd to read there.
01:07:53.420
So no, I think, I think I got it. Um, he, he was talking about just when is the best time to get a
01:07:58.380
sales coach? Look, here's the thing. You're going to have situations where you might have a formal coach,
01:08:03.120
and other, excuse me, situations where it might just be informal. Like you're listening to a
01:08:08.360
particular podcast. Maybe it's Andy Frisilla's podcast or Ed Milet or any number of podcasts on
01:08:13.260
business and sales, Grant Cardone, that sort of thing. Uh, and that's an indirect coach. You might
01:08:18.080
read a book, you might buy a course, you might subscribe to emails and you should always be
01:08:22.260
doing that. Always be doing that. There isn't a time where you shouldn't be doing that. Um, and then
01:08:26.840
there comes a time where it's time to step it up and to ramp it up a little bit and invest a little
01:08:31.220
bit of money. I wouldn't say so much money that it breaks you, but you have to be uncomfortable.
01:08:36.660
Again, this is about discomfort. You're never going to improve. When I hired my first coaches
01:08:41.260
in my financial planning practice. In fact, I was very, very uncomfortable.
01:08:46.760
And uncomfortable, meaning you were investing a lot of money and it caused a lot of, uh, not stress
01:08:53.900
stress and action. And you want to take more action than normal probably because of, because I invested
01:09:00.580
all this money. Yeah. I mean, I didn't have, I think it was $10,000 or maybe it was six. I can't
01:09:06.540
exactly remember at this point, but I invested thousands of dollars just to go and to be like,
01:09:11.960
to have a ticket to this particular event. I didn't have that money. And I did it anyways,
01:09:17.460
because it was a little bit outside of my comfort zone. I felt like it was a good thing. He,
01:09:22.160
the guy that I went to, he came highly recommended from a trusted source. So I said, okay, well,
01:09:27.520
like, let's give this a try. And worst case scenario, I'm out $2,000 and that's not a great
01:09:31.620
place to be, but I can make that up. And, and it ended up working out very, very well for me.
01:09:36.860
And then I continually invest from that point forward. That was probably my real first large
01:09:43.100
investment into coaching and mentoring. Uh, and every time I do it, it's just a little bit more and a
01:09:49.720
little bit more and a little bit more. And then I go back and evaluate and without fail,
01:09:53.440
everything that I've honestly invested in, and I've given it my sincere effort towards
01:09:59.880
implementing the things that have been advised. It always pays huge dividends for me. So I can't
01:10:07.160
give you a number. I can't say when you're making a hundred thousand dollars, you should be doing this
01:10:11.160
much, but once your basic needs are met, I mean, I would, I would legitimately consider investing
01:10:17.480
10 to 20% of your revenue into coaching. That's just a business expense for me at this point. It's
01:10:25.440
like, no, it's, it's that important that I spend 10 to 20% of the revenue back into the business,
01:10:32.660
not via Facebook and ads and all that, no, into investing in myself to run the business correctly.
01:10:39.780
This is not the day-to-day operations like hiring an accountant or hiring that no in myself. How do I
01:10:45.520
market? How do I do public speaking? How do I build up sales? How do I book better guests? That sort of
01:10:51.520
thing. Yeah, totally. When it's, and we've talked about this in the past, but it's, it's interesting
01:10:58.120
how the, the value and the commitment that we put on something based upon how much we're willing to
01:11:04.360
sacrifice for it. Right. It's like, you know, I I'm, I'm assuming that if in the examples that
01:11:09.680
you gave, if that coaching was kind of cheap and it was like, nah, not a big deal, you probably
01:11:14.780
wouldn't have done all the things that they told you to do. And then you'd walk away going, yeah,
01:11:18.520
that didn't really help. Yeah. Right. Because you weren't, you weren't invested. Like you weren't,
01:11:22.720
you weren't putting some skin in the game enough to drive action on your part. Right. It's also,
01:11:28.840
and, and you said it was cheap. So cheap, expensive, those are all subjective and relative terms.
01:11:35.420
So you're, you're cheap is different than somebody else's cheap. So like, I never wanted to come
01:11:42.120
across as like, you should be spending $10,000 a month on this thing. I don't know if you can spend
01:11:46.020
$10,000 a month or a thousand or a hundred. I don't know. Maybe $10 is a lot to you. Who am I to say
01:11:51.600
it isn't? I don't know. Yeah, totally. All I'm saying is that it's a little bit of a cart before the
01:11:56.960
horse mentality. Like you think, oh, once I get sales, then I can hire a coach. That's backwards.
01:12:03.920
Once you get the instruction again, whether it's directly or indirectly, that will increase your
01:12:10.220
sales. So make sure you get it right in the right order. You have to, you have to learn the
01:12:16.200
information before you apply it. If you apply it, you actually might get lucky. And I have at times,
01:12:23.260
and that's nice. There is a danger in getting lucky though. The danger in getting lucky is that
01:12:30.380
you believe you're good at it. Yeah. It has nothing to do with that. It just means you got
01:12:36.860
lucky. Yeah. If we were to go back to jujitsu, for example, if, if I were to catch a brown belt
01:12:42.620
in some like weird move that maybe he's never seen. And I saw it this one time on YouTube and I tried it
01:12:49.160
and it was this really obscure thing that nobody has seen. And I just like caught him. I'd be like,
01:12:53.460
hell yeah, I'm good at this. No, no, no, no, no, no, no, no. Don't confuse. You're, you're not,
01:12:59.480
you got lucky. You need to be able to remove yourself from the results. It's not that you're
01:13:04.900
good at it. It just means you're lucky. Get the right coaching, get the right information. So you
01:13:10.060
don't have to rely upon luck. You rely on years and years, potentially even thousands of years.
01:13:15.740
Cause that's how old books are thousands of years of information of getting it right and trying and,
01:13:21.240
and failing and learning and growing and get it right. And then go perform and evolve from there.
01:13:28.580
Yeah. I like it. All right, sir. So as always guys, you can support the podcast like our brother
01:13:37.700
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It's a free program, which you can sign up for that's at order of man.com slash battle ready.
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01:14:18.260
And don't forget your swag for the holiday season store.order of man.com.
01:14:23.300
A little bit of a disclaimer on the store guys. Oh, we are, we are super low on inventory. Like,
01:14:31.120
I just want to let you know, I really appreciate the support and I would say the sales
01:14:35.160
over the last maybe month or so, or like 70 to 80% women. So they're getting you stuff guys.
01:14:41.980
They're getting you stuff. So I'm, I apologize ahead of time. If we don't have your sizes,
01:14:46.140
my son and I have done an inventory, uh, uh, inventory and, and, and a new order placed a
01:14:52.380
lot of orders to get everything back to where it needs to be. So I am sorry. There is some stuff
01:14:56.860
still there. Check it out. But, uh, we're getting a little slim on the pickings in there,
01:15:01.620
if you know what I mean. Yeah. So, so if you get a small for Christmas, it's not because your wife
01:15:05.840
wants you to wear like crazy tight shirts. It's just means that we're out of larges and then you
01:15:10.700
can just, maybe she'll just have you exchange it once the larges are, but she wanted to get you
01:15:14.460
something. So she got you a small, but she knows you're an XL. So it's all good. You can exchange it
01:15:18.740
later. Use it. We'll take care of it. When you go to the gym, when you go to the gym,
01:15:21.580
all right, you guys appreciate a good crush questions today. We'll be back on a Friday.
01:15:29.280
Eddie, uh, Gallagher's podcast just came out yesterday. So make Kip's already done. He's
01:15:34.360
like, I'm turning out the lights. We got, uh, uh, uh, Marcus and Morgan Latrell on next week.
01:15:45.820
So that's going to be really cool. I'm going to be doing some traveling early in January, uh,
01:15:50.460
for some other, I'm not going to disclose them, but some other cool podcasts coming up.
01:15:54.440
So make sure you subscribe, leave a rating review guys. We appreciate you. We'll be back on Friday
01:15:58.160
until then go out there, take action, become a man. You are meant to be. Thank you for listening
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