Valuetainment - September 18, 2018


Episode 172： The One Thing to Master As An Entrepreneur


Episode Stats


Length

23 minutes

Words per minute

228.94356

Word count

5,373

Sentence count

413

Harmful content

Misogyny

1

sentences flagged

Toxicity

5

sentences flagged

Hate speech

2

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

If you and I could learn only one skill set to master, what would it be in life that I would want to teach my kids? It s going to be this one. In today s episode, I talk about it and why it s the most important thing to teach your kids.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 30 seconds, one time for the underdog, ignition sequence start, let me see you put em up, reach
00:00:09.240 the sky, turn the stars up above, cause it's one time for the underdog, one time for the
00:00:16.220 underdog.
00:00:17.320 I'm Patrick, I'm your host of AITM, and today I'm going to talk to you about the most important
00:00:20.620 thing, if you and I could learn only one skill set to master, what would it be in life that
00:00:24.520 I would want to teach my kids?
00:00:25.800 It's going to be this one, I talk about it in today's episode.
00:00:28.360 So, for me, I have a four-year-old, and I have a two-year-old, and my four-year-old son
00:00:33.920 and my two-year-old son, they're watching daddy, and there's so many things I can teach these
00:00:38.220 guys, right?
00:00:38.820 I have another one on the way, my wife and I are expecting a daughter right now as our
00:00:43.340 third one, but as a parent, I think if I had the one conversation with my kids, and I'm
00:00:49.980 going to tell them one thing, what would it be?
00:00:51.140 Because in life, I've always been so curious to talk to people and folks who have built
00:00:58.540 big businesses, big franchises, big families, healthy families, what was the one thing?
00:01:04.580 What was the one thing?
00:01:05.500 What was the one thing?
00:01:06.260 What was the one thing?
00:01:07.100 And I've heard so many of them, so many more over the years, that for me, from all the studying
00:01:13.420 I've done, I've come out with one thing, this is the one thing above all, that's the
00:01:19.080 most important thing that I plan on teaching my kids, that also I strive to teach people
00:01:26.380 that I mentor as entrepreneurs, because I have yet found to have one thing be above this.
00:01:32.400 Now, let me tell you what some of the things that you and I have heard about, when you ask
00:01:35.580 people and say, what's the one thing?
00:01:37.280 Many of us have heard some people say, well, you got to learn to control your emotions.
00:01:40.860 It's more important than anything else.
00:01:42.660 Okay, that's a good point.
00:01:44.200 You got to take care of your health, because your health's got to come before your wealth.
00:01:47.520 Makes sense.
00:01:48.160 Very valid.
00:01:49.260 You got to learn how to hustle and make money.
00:01:51.240 Sure.
00:01:51.940 You got to learn how to love people.
00:01:53.200 You hear that one a lot.
00:01:53.980 Love is the most important thing.
00:01:55.380 Love is this.
00:01:55.940 Love is that.
00:01:56.740 Great.
00:01:57.180 No problem.
00:01:58.040 You got to have a relationship with God.
00:02:00.820 You got to do what you love, right?
00:02:03.060 You got to work hard.
00:02:04.440 All valid.
00:02:05.300 All great.
00:02:05.900 But is it the one thing?
00:02:07.160 Some may say, God is the one thing.
00:02:09.360 You know, integrity is the one thing.
00:02:12.500 Work for a non-profit.
00:02:13.980 One thing.
00:02:14.980 Give back.
00:02:16.100 Money isn't everything.
00:02:17.820 Gratitude.
00:02:18.720 Save your virginity. 1.00
00:02:19.920 Respect.
00:02:20.760 Marry the right person.
00:02:22.160 All valid.
00:02:23.740 Pray.
00:02:24.520 Meditate.
00:02:25.320 Read.
00:02:26.260 Discipline.
00:02:27.280 Stay in school.
00:02:28.720 Avoid drugs and alcohol.
00:02:30.340 So far, everything makes sense.
00:02:32.940 Compassionate.
00:02:33.740 Care about people.
00:02:34.700 Give back.
00:02:35.820 Slow down a little bit in life.
00:02:37.640 Don't follow the majority.
00:02:39.360 All of this stuff, they're all good things.
00:02:42.220 But what is the one thing?
00:02:43.840 To me, it's the one thing.
00:02:44.900 What's the one thing?
00:02:46.220 You know, I remember when I first got started in business, I was so overwhelmed because this
00:02:49.960 person would say, do this, do this, do this, do this, do that.
00:02:51.880 And I was all over the place.
00:02:53.120 I asked, what's the one thing?
00:02:55.260 I don't want 17 things.
00:02:57.040 What's the one thing?
00:02:58.260 And I'll never forget the one thing I got in business.
00:03:00.380 And that became my absolute obsession.
00:03:02.700 People ask me today, what's your one thing in business?
00:03:06.360 You know, what's the one thing in this?
00:03:07.500 So, to me, the one thing to teach your kids or the one thing for you to master comes out
00:03:15.180 to this.
00:03:16.080 The one thing.
00:03:18.480 And the one thing, all of this goes within that one thing.
00:03:23.480 And that's what it is.
00:03:24.260 Let me tell you what it is.
00:03:25.020 The one thing is for you and I to learn how to process issues.
00:03:34.080 That's the one thing.
00:03:35.920 You see, if a person learns how to process issues, that person generally ends up becoming
00:03:41.800 a president, a governor, a CEO of a company, a head coach for a team, a head coach for an
00:03:48.140 organization.
00:03:49.180 It doesn't matter.
00:03:50.400 Remember, people who lead larger organizations, they learn how to process issues.
00:03:55.380 Now, you may say, Pat, what do you mean process issues?
00:03:57.620 Are you telling me processing issues is above all of this?
00:04:00.400 Yes.
00:04:00.980 What do you mean by that?
00:04:01.600 Let's explain it.
00:04:02.240 Watch this.
00:04:03.580 If a person knows how to process issues, when you and I are absolutely furious with somebody
00:04:08.880 or something happens, in the mind, while you're irritated and you want to tell them
00:04:13.680 off, if you know how to process issues, here's how you go through it.
00:04:16.760 You say, if I tell her this, and she's going to come back and say this, and it's going
00:04:19.900 to go back and say this, and I'm going to leave a mark, and she's going to get upset,
00:04:22.320 and I'm going to get upset.
00:04:23.180 I'm not going to sleep good.
00:04:24.020 Our relation's not going to be good.
00:04:25.040 We're not going to talk for the next two, three months, four months, five months.
00:04:27.380 What if my kids do this to me?
00:04:28.860 You're just going to go deep with it, and you just say, I'm going to stay quiet.
00:04:31.580 Now, this is if we learn how to do this.
00:04:33.500 Processing issues.
00:04:34.280 Two, health.
00:04:35.600 If you learn how to process issues, you're going to say, my back hurts.
00:04:37.940 Why is my back hurt?
00:04:38.940 My ankle hurts.
00:04:39.660 Why does my ankle hurt?
00:04:40.900 Why is my energy?
00:04:42.420 Why am I sleeping and so on?
00:04:43.700 Maybe I'm not exercising enough.
00:04:45.200 Maybe I need to get my diet.
00:04:46.020 I'm eating too much sweets.
00:04:47.300 I'm eating too many burgers, but it's all back to processing issues.
00:04:50.540 Hustle.
00:04:51.240 If you're struggling financially, you don't have any money, you're going to sit there and
00:04:53.880 say, why don't I have any money?
00:04:55.240 Why is it that we're broke?
00:04:56.120 Why is it that we don't live in a nice place?
00:04:57.420 Why is it that we have no money in place?
00:04:58.840 Am I working hard enough?
00:04:59.780 Why do I watch so much TV?
00:05:00.900 Why is it that everybody I talk to, I know all the TV shows that are going on.
00:05:04.320 You know, NBA Housewives.
00:05:06.240 I know CSI.
00:05:07.120 I'm all over telling you shows in the pocket.
00:05:08.240 I don't watch a lot of shows.
00:05:09.540 You know, I know every single event.
00:05:11.220 I know everything I've watched.
00:05:12.240 Every single basketball game.
00:05:13.620 I know too much about it.
00:05:14.620 I'm not hustling enough.
00:05:15.580 If you process, you'll hustle.
00:05:18.740 Love.
00:05:19.420 What is love?
00:05:20.340 Am I, my relationship is going bad.
00:05:22.300 Why is my relationship with my dad not that good?
00:05:23.820 Why is my relationship with my friends not that good?
00:05:25.060 Why is my relationship with my girlfriend, my boyfriend, my husband, my wife, my kids
00:05:27.740 not that good?
00:05:28.600 Am I loving him?
00:05:29.240 What is love?
00:05:30.220 Is love just a feeling?
00:05:31.940 Is it that my wife keeps telling me, you don't tell me you love me anymore.
00:05:34.560 And I told her that, well, love is something you already should know that I love you.
00:05:37.500 It's not that I have to tell you I love you.
00:05:39.020 Give me a break.
00:05:39.740 I told, I married you already.
00:05:40.920 I've given you a life.
00:05:41.920 You should already know I love you.
00:05:43.160 But then she tells me, no, you don't show that you love me.
00:05:45.280 So what is love?
00:05:46.000 Let me go research.
00:05:46.760 What is love?
00:05:47.420 What is really love?
00:05:48.640 Oh, love is an action.
00:05:50.800 Love is a verb.
00:05:51.720 So if love is a verb, am I showing love?
00:05:53.580 Man, I need to start showing love.
00:05:54.640 So what do I do?
00:05:55.640 When's the last time I bought her flowers?
00:05:56.920 It was six years ago.
00:05:57.720 I need to send a dozen roses.
00:05:59.160 Then you'll learn how to love because you process the issue of what love is.
00:06:03.520 God.
00:06:04.080 You know what?
00:06:04.380 I don't believe in God.
00:06:05.160 Now, let me tell you.
00:06:05.920 Something happened very strange the other day when I was saying this.
00:06:08.460 And I just say, you know what?
00:06:09.200 I'm going to try.
00:06:09.620 I'm going to try to see if this prayer stuff works.
00:06:11.220 And I'm going to go out there and do this.
00:06:12.740 And is there really a God?
00:06:13.820 If there isn't a God, I read this, you know, that religious video that came out by Bill
00:06:17.500 Moore.
00:06:17.900 And he's all about there is no God.
00:06:19.380 And he goes and he calls these people out at the Catholic Church.
00:06:21.400 And they talk about this, this, this, and all that.
00:06:23.520 And I heard this other guy that talked about Scientology and do this.
00:06:26.180 And I wonder if I'm a Mormon.
00:06:27.020 So which one is it?
00:06:27.600 Is it Jehovah's Witness, Seventh-day Adventist, a Christian, Catholic, Mormon?
00:06:30.560 Which one do I go with?
00:06:31.620 Is it?
00:06:31.960 But should there be a God?
00:06:32.900 There isn't a God.
00:06:33.380 Did man create the earth?
00:06:35.240 Who created the earth?
00:06:35.920 Is it the sand that turned into human?
00:06:37.500 So are we in evolution from the, you know, gorilla to this on to what?
00:06:41.340 So, but if you're curious, then eventually you're going to figure out that there is probably
00:06:46.560 a higher power or there isn't for you because you're learning how to process issues.
00:06:50.900 If I just tell my kid, you ought to believe in God because of X, Y, Z, you should believe
00:06:55.140 in God and go to church.
00:06:56.160 I'm going to force him.
00:06:56.820 He's not going to want to do it.
00:06:57.740 Instead, I'm going to tell him, tell me what your questions are about it.
00:07:00.440 Why don't you go research it and come up with all the different arguments?
00:07:03.380 So I want to teach the kid how to think.
00:07:05.460 I want to teach the kid how to process the issue.
00:07:08.200 If I, so many times kids are forced to be raised in a church, they don't want to even
00:07:11.820 want to touch it anymore.
00:07:13.500 It's forced.
00:07:14.480 I'd rather have you process the issue.
00:07:17.000 So who's this Jesus guy?
00:07:18.040 Do you believe in this Jesus guy?
00:07:19.320 Do you think it's real?
00:07:20.260 Maybe it's fake. 1.00
00:07:21.100 Maybe he's a maniac. 0.98
00:07:22.000 Maybe it's not real.
00:07:22.880 What do you think about this other guy, Joseph Smith guy?
00:07:24.680 What do you think about the Dianetics guy?
00:07:26.160 You know, what do you think about this guy, L. Ron Hubbard?
00:07:29.140 What do you think about this other guy, you know, Baha Allah? 0.98
00:07:31.540 What do you think about this Mohammed guy? 1.00
00:07:32.680 What do you think about this prophet guy?
00:07:33.980 What do you know about him?
00:07:34.980 What do you think there's, how did all these guys talk about God?
00:07:37.220 What is his 10 commandments all about?
00:07:38.720 It's a really legit, this is learning how to process issues.
00:07:42.480 If there is a sense of curiosity and I can teach somebody how to process issues, they'll
00:07:46.720 eventually come to a conclusion here.
00:07:48.580 Do what you love.
00:07:49.800 Do what you love.
00:07:50.560 Process issues.
00:07:51.800 Am I really, is it truly about me doing what I love or what is me loving?
00:07:55.520 It's like some, I had a conversation with somebody the other day and says, you know what?
00:07:58.460 I just don't know if I love this anymore.
00:08:00.260 And I said, what is this?
00:08:02.220 He says, what do you mean?
00:08:02.900 I said, you said you don't love this anymore.
00:08:04.940 So what is this?
00:08:06.640 He says, I don't understand the question.
00:08:08.000 I said, okay, you don't love this anymore.
00:08:10.520 What is this?
00:08:11.040 And he says, well, this is insurance and financial service.
00:08:14.460 I said, that's this to you?
00:08:15.680 Because that's not what this is to me.
00:08:17.120 He says, what do you mean?
00:08:18.100 I said, do you love people?
00:08:20.440 Uh, I think so.
00:08:22.340 I said, so do you do this business because the product is, so you think you're going
00:08:27.020 to go to real estate and fall in love with bricks?
00:08:29.560 You think you're going to go to pharmaceutical sales and fall in love with medicine?
00:08:33.620 So what is this?
00:08:34.940 Redefine what this means to you.
00:08:36.400 To me, this means people.
00:08:37.840 And I love people.
00:08:39.220 I'm curious about people.
00:08:40.780 So every day I get to work, I'm touching people and learning about people.
00:08:44.340 I'm so curious about that.
00:08:46.260 Oh, I never thought about it that way before.
00:08:47.920 So we processed it together.
00:08:49.700 Now he's high on life.
00:08:51.660 He completely different place because we processed what it meant.
00:08:55.040 Do I still love what I'm doing?
00:08:56.620 Because processing issues again is the number one thing to learn.
00:09:00.200 Working hard.
00:09:00.800 Should I work hard?
00:09:01.440 Should I not work hard?
00:09:02.280 It's a processing issue.
00:09:03.840 Integrity.
00:09:04.220 What if I lied to this person?
00:09:05.220 I should probably lie to this person.
00:09:06.940 But if I lied to this person, what if that other person lies to me?
00:09:09.120 What if I lied to this person now and later on we have a relationship and then they find
00:09:12.840 out that I lied to them and the next thing you know, I'm getting a divorce.
00:09:14.920 Do I want to get a divorce after having three kids?
00:09:16.580 And then I have to do child custody, all this other stuff.
00:09:19.360 Man, it's better off me not lying.
00:09:20.500 I just better be open with them right now.
00:09:21.920 So I don't have to worry about the headache.
00:09:23.560 Integrity.
00:09:23.880 I'm doing business with that person.
00:09:24.840 What if I lied to this partner right now and I tell him I really don't have anything?
00:09:27.540 Because if I tell him I don't have anything, then I have a power play because I tell him
00:09:31.000 I need a bigger salary.
00:09:32.260 Because if he knows that I have more money and then later on he finds it, then I lose the
00:09:35.160 partner.
00:09:35.500 Do I want to have the...
00:09:36.500 This is integrity of processing issues.
00:09:38.600 If you know how to process issues, there is not a lot of value in lying.
00:09:42.360 So you'll learn if you process issues.
00:09:44.840 Next, working for a non-profit.
00:09:46.500 Why would I want to help give people money back?
00:09:47.940 I work for that money.
00:09:48.680 Should I give the money back?
00:09:50.020 But maybe there's money.
00:09:50.800 I mean, somebody helped me out when I was younger and somebody helped me.
00:09:53.520 You know what?
00:09:54.040 I want to give back.
00:09:54.720 It feels good when I give back.
00:09:55.420 I want to teach my kids to also give back.
00:09:57.320 Because if you hold on to it, you lose what you already have.
00:09:59.300 If you give it back, it comes back.
00:10:00.660 I want to give back.
00:10:01.300 Let me see how this feels.
00:10:02.140 Oh my God.
00:10:02.560 I felt so good giving back.
00:10:04.580 Processing issues.
00:10:06.640 Money isn't everything.
00:10:07.560 Is money really not everything?
00:10:08.560 My mom keeps telling me money is not everything.
00:10:10.280 Money is not everything.
00:10:11.100 But honestly, I watched my mom and dad go through a divorce.
00:10:14.060 So if money wasn't everything, why is it that day and night all they argued about was over money?
00:10:18.460 But now that I have money, I don't think money is everything.
00:10:21.060 But it allows me to use it as a tool to do other things in my life.
00:10:23.620 So is it really ta-ta-ta-ta-ta?
00:10:25.540 You go deeper into it.
00:10:27.480 For every one of these things, gratitude, savior virginity, respect, marry the right.
00:10:32.560 I mean, I'm giving you what people are giving me.
00:10:34.720 These are answers that they're giving me.
00:10:35.900 These are not my answers.
00:10:37.280 This is what other people have constantly said.
00:10:38.980 Marry the right person.
00:10:40.540 It's processing issues.
00:10:42.080 This is purely processing issues.
00:10:44.280 Praying, meditate, reading.
00:10:46.060 Somebody asked me, why should I read?
00:10:47.340 We process that issue together.
00:10:49.200 And they said, oh, this makes sense.
00:10:50.600 Why does it make sense to be disciplined?
00:10:52.080 Process that issue.
00:10:53.420 Stay in school.
00:10:54.200 Is it truly to stay in school for me?
00:10:56.480 Why would I want to go to school?
00:10:57.480 So the whole episode we did on stay in school or dropout.
00:10:59.640 And I got more controversy.
00:11:00.920 And Fortune wrote an article about it.
00:11:02.700 Business Insider wrote an article about it.
00:11:04.220 A bunch of people called us to do blogs, podcasts, all these other things.
00:11:08.780 Pat, you really believe 80% of kids should drop out of school?
00:11:11.180 Yes.
00:11:11.460 Why?
00:11:12.000 Go watch the video.
00:11:13.360 80% should drop out.
00:11:14.560 Yes, 80% should drop out of college. 0.76
00:11:16.780 Pat, you're crazy saying that. 0.96
00:11:18.240 Never said I'm not crazy. 0.95
00:11:19.600 But that's how I process the issue.
00:11:21.360 I don't agree with you.
00:11:22.440 Watch it then.
00:11:23.040 Tell me if you agree with me or not.
00:11:24.160 Can we put the picture of that so they know which one it is and where to find it?
00:11:27.320 The link on the bottom as well.
00:11:29.100 Processing issues.
00:11:30.540 Avoiding drugs.
00:11:31.340 Why is avoiding drugs?
00:11:32.220 Somebody asked me.
00:11:32.940 I sat down and talked to a couple of young guys.
00:11:35.940 And this guy says, well, I like to smoke weed.
00:11:39.420 And I said, you like to smoke weed.
00:11:40.700 I said, tell me why.
00:11:41.500 He says, well, you know, some of the greatest minds smoke pot.
00:11:43.660 I said, tell me the people that smoke pot.
00:11:45.820 Oh, you know, this guy, music, art.
00:11:49.080 I said, what business are you in?
00:11:50.340 He said, I'm in business.
00:11:50.920 What type of business?
00:11:51.660 Sales and da, da, da.
00:11:52.400 He said, you want to smoke weed and smoke pot and be in business?
00:11:55.800 I said, what happens when you smoke pot?
00:11:57.220 What do you think it does to you?
00:11:58.800 Slows you down.
00:11:59.520 It does this, it does that.
00:12:00.360 I said, are you a musician?
00:12:01.720 Do you write music?
00:12:02.560 Do you do this?
00:12:03.100 What do you do?
00:12:04.000 So what are you trying to smoke pot for?
00:12:05.380 We processed it together.
00:12:06.480 So let's just say it doesn't make sense to smoke pot.
00:12:08.200 Why would it make sense to smoke pot?
00:12:09.960 Oh, you know what?
00:12:10.460 But Steve Jobs said, you got to do LSD.
00:12:12.180 And you got to, we processed that together.
00:12:14.120 This other person said, you got to, and all these misconceptions that they've read in
00:12:17.180 an article that you got to do this and you got to do that.
00:12:19.540 That processed the issue.
00:12:20.500 It doesn't make sense to do that.
00:12:21.660 Why do I want to do steroids?
00:12:22.620 Why do I want to do steroids?
00:12:23.460 Because I want to go out there and compete.
00:12:25.000 And, you know, I want to do this.
00:12:26.080 Okay.
00:12:26.320 I mean, if you want to compete and you want to do, you know, get at the highest level,
00:12:29.980 you don't just need to do steroids.
00:12:31.100 You need to go on growth hormone and all that.
00:12:32.260 But do you know the consequences with your body?
00:12:33.720 Are you okay with that?
00:12:34.480 It's processing issues.
00:12:35.840 No, I don't want to, I want to do it because I want to look it for summertime.
00:12:38.500 It doesn't make sense to do it.
00:12:40.240 It's just for body time.
00:12:41.240 So processing issues, compassionate, giving back, slowing down, don't follow the majority.
00:12:46.660 All of this is processing issues, which I call this, the number one thing, is learning
00:12:54.940 how to, learning how to solve for X.
00:13:03.380 If you work for me, you'll hear me talking about this all the time.
00:13:06.240 Let's solve for X.
00:13:07.440 What's X?
00:13:09.320 The more you look at life like this, everything becomes a formula because everything's about
00:13:17.120 solving for X.
00:13:18.420 That's really what life is all about.
00:13:20.240 I talked to a few kids the other day.
00:13:21.800 They came up to me.
00:13:22.420 I was in LA event.
00:13:23.360 I was doing an event and a few kids came up to me.
00:13:26.840 And every time this kid comes up to me, I really like talking to this kid.
00:13:30.240 His mom was standing.
00:13:31.300 I said, listen, you remember what you and I talked about last time?
00:13:33.580 Seven, eight, nine year old kid.
00:13:35.120 So do you remember what you and I talked about last time?
00:13:36.500 He says, yes, I do.
00:13:37.260 What did I say to you last time?
00:13:38.920 And this was like five months ago.
00:13:40.280 He says, you told me pay attention to math.
00:13:42.380 I said, are you paying more attention to math?
00:13:43.980 He said, yes.
00:13:45.560 And I said, here's why math is important.
00:13:48.360 Math is not necessarily about, you know, Pythagorean theorem, all this.
00:13:51.880 Math is about figuring out the formula for life.
00:13:55.660 Math teaches you how to process issues.
00:13:58.340 A lot of times when somebody says, I just cannot stand math.
00:14:01.340 Life is math.
00:14:03.120 Everything about life is math.
00:14:04.740 If you look at math as a, life as a mathematical formula, you start solving problems.
00:14:10.220 Everything becomes math.
00:14:11.740 Everything becomes math.
00:14:13.240 So if you look at marriage as a mathematical formula, health as a mathematical formula,
00:14:17.520 you try to figure out ways how to solve that.
00:14:19.500 That's processing issues.
00:14:22.160 Geometry, the whole CPCTC theorem, that's a processing issues.
00:14:26.500 All the X plus Y equals Z or whatever it is, that's processing issues.
00:14:31.180 Every one of those things is processing issues.
00:14:33.680 So I'm sitting here and I'm telling you all this stuff about processing issues.
00:14:37.600 Some people ask, well, how do I become better at processing issues?
00:14:40.580 What if I want to become better at processing issues?
00:14:42.740 Is there a formula to it?
00:14:44.840 Yes, there's a formula to it.
00:14:46.060 I'm not going to get into all the formula here today.
00:14:48.240 What I will be doing, there'll be a series of processing issues that I'll be taking a subject,
00:14:55.220 okay, marriage, and I'm going to do an episode of processing issues, marriage.
00:15:00.560 And we're going to do a 60-minute episode on how to process issues for marriage.
00:15:05.780 Should I get married or should I not get married?
00:15:07.740 We're going to take money and we're going to process issues for money.
00:15:11.140 How to make the money?
00:15:12.320 Why to make the money?
00:15:13.240 Should you make the money?
00:15:14.260 Why care to make the money?
00:15:15.380 Is there value for the money?
00:15:17.100 Really processing the issue, both emotionally and logically,
00:15:21.080 and going so deep into it that you could make an educated decision saying,
00:15:25.540 this is why I'm making money.
00:15:26.840 Here's why I'm doing it for.
00:15:27.780 And I know why.
00:15:29.060 I'm not just doing it because the whole world says,
00:15:30.620 let me go make $100 million for what?
00:15:32.700 What are you making $100 million for?
00:15:34.360 So there is a formula on how to process issues.
00:15:36.560 But if you look back historically and you think about the greatest minds of all time,
00:15:42.480 Socrates, you got, I believe it's Socrates, Plato, Aristotle, Alexander.
00:15:47.220 I think it is.
00:15:48.180 Socrates, Plato, Aristotle, Alexander.
00:15:51.480 Socrates mentors Plato.
00:15:52.960 Plato works with Aristotle.
00:15:54.560 Aristotle mentors Alexander.
00:15:56.540 Alexander conquers 2 million square miles of the world.
00:15:59.720 What did they really pass to each other?
00:16:01.720 What was it?
00:16:02.320 So we call it philosophy.
00:16:04.060 What is philosophy?
00:16:05.100 It's a way of thinking.
00:16:06.020 What is a way of thinking?
00:16:06.920 It's really about processing issues.
00:16:09.120 When Seneca comes out with Stoicism and Marcus Aurelius, who is the empire of Rome,
00:16:15.620 I think from 62 AD to 69, some seven years is what he is.
00:16:20.260 And he takes Stoicism.
00:16:21.800 Seneca dies because he had to kill himself for what they were going to do to him.
00:16:25.820 And Seneca takes that.
00:16:27.220 And Marcus Aurelius takes Stoicism.
00:16:28.860 He starts teaching Rome about Stoicism.
00:16:30.680 And people start being more responsible, logical.
00:16:34.920 It changes the way of thinking.
00:16:36.700 And now that has an evolution.
00:16:38.240 A thousand years later, 2,000 years later, people are still teaching Stoicism today as a way of thinking.
00:16:43.920 But there was somebody that taught others how to think.
00:16:47.140 If you read the book, one of my favorite books to read, Meditations by Marcus Aurelius.
00:16:53.240 I like the Gregory, is it Gregory Hayes edition?
00:16:58.040 I think it's called the Gregory Hayes.
00:16:59.680 I don't know if I have it here.
00:17:01.820 Anyways, if you message me, I'll message you back with which one I'm talking about.
00:17:05.900 I think it's a Gregory Hayes translation of Marcus Aurelius' Meditations.
00:17:10.560 It's priceless.
00:17:11.340 He teaches you what he learned from his mom, what he learned from his dad, what he learned from his grandfather, what he learned.
00:17:16.360 Everything about his life in about 90 pages, he explains it to you.
00:17:18.980 It's a brilliant book to read.
00:17:20.560 But it's teaching how to think, teaching how to process issues.
00:17:24.600 The sooner, politically, what is politics?
00:17:27.460 When I sit down and talk to somebody and they have such a strong opinion about politics, I'll ask them a question.
00:17:32.140 I say, let me ask you this.
00:17:32.900 Let's just say I give you the best argument right now about your beliefs here.
00:17:35.860 Are you open to changing?
00:17:37.200 No way.
00:17:37.960 I don't have an energy to talk to you about it.
00:17:39.600 For what?
00:17:40.900 For what?
00:17:41.720 What's the point?
00:17:42.980 I say, now, if I challenge this position and you and I talk about it and you disagree, are you going to start name calling or can we really have an adult conversation?
00:17:51.060 No, no, we're going to be okay.
00:17:52.320 Five minutes into it, I see them getting edgy.
00:17:54.000 I say, let's change the conversation.
00:17:55.480 Forget about politics.
00:17:56.180 Let's go to sports.
00:17:56.820 But it's processing issues.
00:17:59.820 And if you truly, and I'm telling you this, listen, I've made so many mistakes in my life and I don't have all the answers.
00:18:08.640 Far from it.
00:18:09.720 I am still, I'm only 37 years old learning for myself to get more clarity in life.
00:18:14.800 But if there is one thing that gives me peace, if there is one thing that gives me peace, is there is the one skill set that I strive to get better in life is processing issues.
00:18:26.800 Hiring and firing people is processing issues.
00:18:30.140 Finding an investor that's an active or a passive investor is processing issues.
00:18:34.380 Deciding how the equity is going to be given up is processing issues.
00:18:37.960 Deciding the amount of money that's going to be paid to somebody is processing issues.
00:18:41.300 Compensation plans, payouts, negotiations with carriers.
00:18:45.120 Why partnering up with this carrier?
00:18:46.760 That's processing issues.
00:18:48.240 Why this carrier doesn't make sense?
00:18:50.200 Why this vendor doesn't make sense?
00:18:51.680 Why move into Texas?
00:18:52.640 Why stay in California?
00:18:54.980 Why pursue this?
00:18:56.120 Why do this?
00:18:57.120 Everything is processing issues.
00:18:58.960 Why should we favor this person at this point of his career on what he's doing?
00:19:02.420 Is he really loving what we're doing?
00:19:04.380 Are we going to make the decision?
00:19:05.360 Is this person only about themselves?
00:19:07.020 It's processing issues.
00:19:08.220 What is the trend with this person?
00:19:09.500 What is the trend with this state?
00:19:10.600 What is the trend with this market?
00:19:12.400 It's not the fact that you have to learn a million things.
00:19:15.840 What you're learning is, throw me as, and by the way, this becomes exciting because anytime that our staff, we have lunch together,
00:19:21.800 this is typically what I'll do.
00:19:23.540 I'll take the most random video that's a subject.
00:19:26.160 Like right now, Google today, what was that one thing?
00:19:29.180 Atlas, the Atlas robot.
00:19:30.440 What is it called?
00:19:30.920 The Atlas what?
00:19:31.940 Atlas.
00:19:32.560 Something, right?
00:19:33.200 I don't know what it's called.
00:19:33.940 It's called Atlas.
00:19:34.540 Boston Dynamics.
00:19:35.160 Boston Dynamics, which is a company owned by Google, launches the first robot.
00:19:40.980 If you haven't seen the video, I highly recommend you go watch the video.
00:19:44.760 It's called Atlas something.
00:19:46.440 Anyway, it's very, very interesting.
00:19:48.240 You see the Atlas.
00:19:48.940 They're kicking him.
00:19:49.540 They're hitting him.
00:19:50.040 He falls down.
00:19:51.080 He gets back up.
00:19:52.100 It's called Atlas, the next generation.
00:19:55.740 Very interesting.
00:19:57.200 So what do you do with that?
00:19:59.200 Very simple.
00:19:59.900 Hey, what do you think about this?
00:20:01.520 What do you mean what do I think about this?
00:20:02.940 You think really the iRobot is going to take place?
00:20:06.080 You think we're eventually going to have a Terminator?
00:20:08.320 You think eventually robots are going to take over the world?
00:20:10.840 You think there's going to be an uprise with robots and all this other stuff?
00:20:14.660 And then you talk about it.
00:20:15.780 What would be the limits with the robots?
00:20:17.820 How could the government control the robots?
00:20:19.580 Will people buy robots?
00:20:21.320 Will people be replaced by robots?
00:20:22.920 Why will people not be replaced by robots?
00:20:25.000 The muscle of processing issues is working.
00:20:28.000 That's what you're doing it for.
00:20:29.960 It's, oh, I can't believe that.
00:20:31.740 Boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom.
00:20:33.840 Boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom, boom.
00:20:37.260 My job as a CEO of PHP agency, a financial firm, is to teach our leaders how to process
00:20:42.800 issues.
00:20:43.800 Our competitors watch a lot of our content, and our competitors will say, oh, we have
00:20:47.420 an edge on what that, I have a feeling, well, this is why we're not afraid of, this is,
00:20:51.860 and some of our competitors will say, hey, what are you guys up to next?
00:20:54.180 What is that thing that I'm hearing about you guys are doing?
00:20:56.060 Well, first of all, our competitors are not really going to know everything we're working
00:20:59.060 on.
00:21:00.060 Some of them will say, why do you even produce this content for everybody else?
00:21:01.560 Well, this is what we're doing.
00:21:03.640 We're freely sharing the information out there with other people, but you're not necessarily
00:21:06.740 going to know everything.
00:21:08.900 You got to know there are some things that we have a team here that's projects that we're
00:21:11.700 working on that not everyone's going to know about because it goes back to processing issues
00:21:15.720 because a part of processing issues is about strategies and the type of strategies you put
00:21:20.100 in place.
00:21:21.100 And some of them, maybe it's like you have zero attention on your competition because
00:21:24.740 your attention is purely on what you want to do to develop something that's never been
00:21:27.800 developed before.
00:21:28.800 What is that?
00:21:30.040 What is that strategy that you have?
00:21:31.200 And the people that you work with typically sit there and say, I buy into this concept.
00:21:35.220 This makes sense.
00:21:36.220 Process it together.
00:21:37.220 So, again, going back to it, like I started off talking about my two boys, my two boys
00:21:43.740 that I love dearly.
00:21:45.220 You know, any second I have with these guys, it's heaven to me.
00:21:49.060 When they're around me, they're wrestling with me.
00:21:50.880 They're jumping on top of me, daddy, daddy, daddy, daddy, daddy.
00:21:54.600 That's heaven to me.
00:21:56.420 And as a responsibility of a father, I have no idea how much more living I have to do.
00:22:01.260 I have no idea how much more living I have to do.
00:22:03.220 If I can teach these kids how to process issues and then I'm dead and they learn how to teach
00:22:09.360 their kids how to process issues and then their kids learn how to teach their kids how
00:22:13.120 to process issues, then that's a tradition you're creating.
00:22:15.800 And I think the reason why America as a country did so well is because many, many generations
00:22:20.580 ago, we taught each other how to process issues and the country kept on evolving, getting better.
00:22:25.480 Rockefeller taught the next entrepreneurs how to process issues.
00:22:28.260 Then you had, you know, Chase and you had Carnegie.
00:22:32.220 Then you had all of these guys that kept teaching how to process issues.
00:22:35.920 And that's one of the reasons why I've given birth to so many incredible entrepreneurs around
00:22:39.100 the world that are doing better than the original fan of entrepreneurs.
00:22:42.240 Why?
00:22:42.800 Because everyone's learning on how to process issues from the prior generation.
00:22:47.920 And I think the more we give back, there are many ways to be able to make a better world,
00:22:52.740 a better country, better life for our kids, for yourself, for myself, more exciting, more
00:22:57.540 intense.
00:22:58.260 But it's going back to the one skill of how to process issues.
00:23:03.600 Thanks everybody for listening.
00:23:04.980 And by the way, if you haven't already subscribed to Valuetainment on iTunes, please do so.
00:23:09.340 Give us a five star, write a review if you haven't already.
00:23:12.520 And if you have any questions for me that you may have, you can always find me on Snapchat,
00:23:16.560 Instagram, Facebook, or YouTube.
00:23:18.540 Just search my name, Patrick MidDavid.
00:23:20.440 And I actually do respond back when you snap me or send me a message on Instagram.
00:23:25.420 With that being said, have a great day today.
00:23:27.160 Take care everybody.
00:23:27.880 Bye-bye.