Valuetainment - November 15, 2022


How To Increase Your Market Value In Any Economy


Episode Stats


Length

12 minutes

Words per minute

211.71886

Word count

2,716

Sentence count

234

Harmful content

Misogyny

1

sentences flagged

Toxicity

10

sentences flagged

Hate speech

2

sentences flagged


Summary

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

The great companies that go through challenging times, recession, market crash, whatever you want to call it, thrive. They know how to differentiate between good and bad citizens, and how to take reliable citizens and make them become impactful citizens, aka leaders.

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 This one's going to stink for some of you, but in every company, specifically today,
00:00:03.420 during strange times, there's going to be bad citizens, there's going to be reliable
00:00:07.800 citizens, and there's going to be impactful citizens.
00:00:10.720 The great companies that go through challenging times, recession, market crash, whatever
00:00:15.680 you want to call it, and they don't just survive, but they thrive.
00:00:19.560 They know how to differentiate between these three, and they know how to take reliable
00:00:23.040 citizens and help them become impactful citizens, aka leaders.
00:00:27.660 We're going to talk about that today.
00:00:28.660 So stick around to Leverian, I'm going to give you the PDF of today's message.
00:00:31.540 This is something having to do with you as a leader.
00:00:34.000 You.
00:00:34.180 You're going to receive this message and say, Pat, how can I become a better leader during
00:00:37.780 this time?
00:00:38.280 Or you, as a leader of other people, you're going to say, how can I help identify who's
00:00:43.180 a bad citizen, who's a reliable citizen, and who's an impactful citizen that can make better
00:00:47.940 leaders in my organization?
00:00:49.260 So let's get right into it.
00:00:50.240 Okay, so one more time, bad citizen, reliable citizen, impactful, reliable citizen, the
00:01:01.600 company grows steadily, the community grows steadily, impactful, the company, the community,
00:01:06.880 the society explodes because they create better jobs, they make people better, they make organizations
00:01:11.820 better.
00:01:12.660 Anything, anywhere they're part of impactful citizens, they make it better no matter where
00:01:17.260 you put them, right?
00:01:17.840 So let's talk about bad citizens first.
00:01:19.360 A bad citizen in any organization, company, community, they divide, they sabotage, they
00:01:25.600 know it all.
00:01:26.240 You can't teach them anything.
00:01:27.440 They talk behind people's back.
00:01:29.420 They don't want to learn more.
00:01:30.540 There's no way you can get this person to address conflict.
00:01:33.120 Sometimes they want to fight the conflict.
00:01:34.540 It's everybody else's fault.
00:01:35.860 Nothing is their fault.
00:01:36.860 They blame everyone.
00:01:37.800 I don't need to explain to you what a bad citizen is.
00:01:39.700 It's always late.
00:01:40.560 There's a reason for being late.
00:01:42.460 People have it out for them.
00:01:44.200 You know, the boss doesn't like him.
00:01:45.580 The boss doesn't have them as a favorite.
00:01:47.260 No matter what you do, you can't do nothing right in the eyes of a bad citizen.
00:01:51.200 Sometimes what leaders make a mistake of is thinking they can change them.
00:01:54.960 They can't change a bad citizen.
00:01:56.680 Only a bad citizen can change themselves.
00:01:59.740 Nobody else.
00:02:00.880 One of the most powerful affirmations I ever told myself 17 years ago, 16 years ago, that
00:02:05.260 got me to be a little bit of a better leader is I said, stop trying to be God.
00:02:08.840 That job is already taken.
00:02:10.340 You can't change people.
00:02:11.960 People have to choose to change on their own.
00:02:14.160 And I spent a lot of time trying to change bad citizens.
00:02:17.360 I've failed 100% of the time.
00:02:19.360 So now let's talk about the difference between being a good citizen, a reliable citizen, and
00:02:23.620 being an impactful citizen.
00:02:25.080 Good citizen, there's two things we got to look at.
00:02:27.300 One is their character.
00:02:28.760 A reliable citizen has a very good character.
00:02:31.740 What does this mean?
00:02:32.680 Today's sponsor is Masterworks.
00:02:33.900 Matter of fact, I really like what Masterworks does because a lot of people can't afford to
00:02:37.760 buy a whole art piece for $2 million.
00:02:39.760 What Masterworks does is they buy the art piece, they file it with the SEC, then members are
00:02:46.700 able to buy and sell shares.
00:02:48.560 That's what they do.
00:02:49.320 Now keep in mind, you know, this is like you can't buy all of Apple for $2.5 trillion, but
00:02:53.520 you can buy an Apple stock for a few hundred dollars.
00:02:55.740 Similar story.
00:02:56.420 One thing you need to know about how much wealth is being held in art today is an estimated
00:03:01.080 $1.7 trillion.
00:03:03.420 Millionaires, billionaires have held their wealth in art.
00:03:06.560 Deloitte says it's going to increase another $900 billion by 2026.
00:03:10.320 What Masterworks does is the last five paintings they sold since 2017, their average rate of
00:03:15.160 return was 26.8%.
00:03:16.860 And contemporary art prices have outperformed S&P 500 total return, ready, by 164% the past
00:03:25.520 26 years.
00:03:27.700 So if this is something you want to take advantage of, we're going to put the link below.
00:03:30.360 There is a waiting list for people that are trying to get into this program with Masterworks,
00:03:34.460 but because you're part of Valuetainment, if you click on the link below and you go through
00:03:37.480 Valuetainment, you will skip the waiting list and you'll be able to start buying and selling
00:03:41.040 shares immediately.
00:03:42.200 They show up on time.
00:03:44.180 They get the job done.
00:03:45.080 If they tell you they're going to do it, they do it.
00:03:46.680 They don't steal.
00:03:47.700 They don't cheat.
00:03:48.780 They take responsibility.
00:03:50.600 They're respectful.
00:03:51.520 They're unifiers.
00:03:52.760 They're willing to give ideas to.
00:03:55.060 They're willing to be taught.
00:03:56.180 They're willing to be challenged.
00:03:57.300 They're willing to improve.
00:03:58.760 They're a willing personality.
00:04:00.880 They're able to reason.
00:04:02.540 They are somebody that if you go out and talk to them, you like being around them.
00:04:06.100 You like their company.
00:04:07.300 They're reliable, right?
00:04:08.620 They're reliable and their character is strong.
00:04:11.680 It's very, very important.
00:04:12.920 They have a very good character.
00:04:15.080 But character alone doesn't take you all the way to the top.
00:04:18.620 That's just the foundation.
00:04:20.000 On the other side, for somebody that's reliable but maybe wants to get compensated more and
00:04:25.380 the market pays more for them is when somebody has great character and they also have a hard
00:04:30.740 skill.
00:04:31.460 What's a hard skill?
00:04:32.220 I know how to edit.
00:04:33.220 I know how to code.
00:04:34.140 I know how to do customer service.
00:04:36.120 I know how to process a policy.
00:04:38.260 Anything that's a hard skill, they know how to do, okay?
00:04:41.740 So it's a hard skill and character.
00:04:43.860 You have a reliable citizen here.
00:04:46.380 Hard skill is a skill set and character is a foundation of who the person is.
00:04:50.760 The market's going to pay very good for this person but not at the highest level.
00:04:54.960 The impactful citizen, they have two things that these folks at the bottom don't have.
00:04:59.300 The impactful citizen has the character, has the hard skills, but they have two additional
00:05:04.220 things.
00:05:04.540 Let me tell you what these two additional things are.
00:05:06.180 They have soft skills.
00:05:07.540 Those who are impactful citizens have soft skills, meaning they know how to deal with
00:05:12.800 different personalities.
00:05:13.940 They know how to communicate with somebody that's white, somebody that's black, somebody
00:05:16.900 that's married, somebody that's single, somebody that's widowed, somebody that's divorced,
00:05:20.120 somebody with a degree, somebody with no degree, a person that's very rich, a person that's
00:05:23.580 in the middle, a person that's very poor, a person that's a customer, partner, an employee,
00:05:27.980 an executive.
00:05:28.880 It doesn't matter.
00:05:29.840 They have soft skills.
00:05:30.960 They know how to overcome a challenge.
00:05:32.820 There's people that are losing their cool around them.
00:05:35.640 They know how to bring everybody and say, guys, let's try to figure this out.
00:05:38.460 They know how to address conflicts.
00:05:39.720 They know how to overcome conflicts. 0.99
00:05:41.160 They know how to have crucial conversations without offending, without being a jerk, without 1.00
00:05:44.600 being an asshole. 1.00
00:05:45.920 They know how to do that. 1.00
00:05:47.540 It's the EQ.
00:05:48.660 It's the soft skills.
00:05:50.200 They know how to deal with people.
00:05:51.940 And somehow, some way, people that continuously move up in any company, in any society, in any
00:05:57.920 community, they tend to have very, very good soft skills.
00:06:01.280 This applies to church, to politics, to business, to sports, to anything you look at, soft skills.
00:06:07.520 You generally see people at the top that are leaders that have very, very good soft skills.
00:06:11.340 So you may be watching the same path.
00:06:12.620 Can I really improve my soft skills?
00:06:14.900 Absolutely.
00:06:15.740 You can improve your soft skills.
00:06:17.240 You can learn how to communicate better.
00:06:18.660 You can learn by taking courses on how to be better at addressing conflicts, deal with
00:06:21.880 different personalities, take body language courses.
00:06:24.020 You can take a bunch of different things who improve in this area.
00:06:27.060 But if you do want to move up and have a leadership position where you're becoming an impactful
00:06:32.120 citizen, you've got to have soft skills.
00:06:34.180 So now, so far, we have what?
00:06:35.920 We have character.
00:06:37.360 We have hard skills.
00:06:38.560 We have soft skills.
00:06:39.740 The market pays very, very well for a person that has these three areas.
00:06:45.300 And then we have the last one.
00:06:46.800 And the last one may be the biggest one.
00:06:48.420 And my job as a father, as a leader, as a man leading organizations, your job for yourself
00:06:55.600 and your job as a leader, both.
00:06:57.260 So I've got to figure out a way to constantly improve myself.
00:07:00.160 And I've got to figure out a way to help people around me improve themselves as well.
00:07:03.140 Number four is by far the best one out of all of them.
00:07:07.840 And this one takes a regular person into a completely different level.
00:07:10.720 And that is putting people in situations to have a paradigm shift.
00:07:15.860 Now, what are we talking about with paradigm shift?
00:07:17.760 Let me explain to you.
00:07:18.880 Paradigm shift to me is for many, many years, this man named June used to take his leaders
00:07:24.400 he worked with to L.A. at Skid Row on Christmas morning.
00:07:28.360 And I said, do you mind if I join you?
00:07:29.580 And I started joining him.
00:07:31.040 There was a story behind the story with his daughter.
00:07:32.920 I don't need to get into that.
00:07:34.200 But I was inspired.
00:07:35.380 So every Christmas morning, the 25th, people would come to the office.
00:07:38.820 We did this 10 years straight.
00:07:40.040 They would come to the office at 4.30.
00:07:41.920 We would go buy Big Mac, cheeseburger, toothpaste, toothbrush, blanket.
00:07:45.540 And we would go to downtown L.A.
00:07:47.700 And we would give these things away to folks.
00:07:50.720 First time we went, we went with 10 people.
00:07:52.740 Then 20.
00:07:53.740 Then 30.
00:07:54.480 Then 40.
00:07:55.420 Then I think the last year we did it, we went with nearly 200 people that we went there
00:08:00.000 to help these folks out.
00:08:01.460 Now, why was this a paradigm shift?
00:08:02.840 Parents started bringing their kids.
00:08:04.760 Because say somebody's making a lot of money, but they don't know what it is to be homeless.
00:08:07.960 They would bring their kids, and it's early in the morning.
00:08:10.840 One time a guy pulled out a knife, this big of a knife, on another homeless person, because
00:08:15.300 they said, that's my blanket.
00:08:16.800 You can't take it.
00:08:17.820 And they're fighting.
00:08:18.880 And I said, guys, we don't need to fight.
00:08:20.160 Let us go get another blanket for you.
00:08:21.620 When you see that right there as a kid, you're going to have a paradigm shift.
00:08:24.400 You sit there and say, oh my God.
00:08:26.220 Imagine the drive back with that son and the daughter talking to the mom and dad saying,
00:08:30.340 mom, is that really how some people live?
00:08:32.700 That's what happens.
00:08:33.500 Some people live.
00:08:34.200 How did these people become homeless?
00:08:36.580 Some of it has to do with bad decisions.
00:08:38.420 Some of it has to do with drugs.
00:08:39.940 Some of it has to do with alcohol.
00:08:41.300 Some of it has to do with economy.
00:08:42.880 Some of it has to do with bad associations.
00:08:44.580 If you make bad decisions, this can happen to anybody, but regardless of it, we have
00:08:48.640 to figure out a way to choose to contribute to society and help these people out.
00:08:52.560 So then they sit there and they say, oh my God, that's unbelievable.
00:08:55.820 And they're thinking about that the entire time.
00:08:57.920 I had one time, a couple of my guys who were Guatemalan, and the idea was, we want to
00:09:03.680 kind of, you know, paradigm shift, you have a paradigm shift for a couple of our leaders.
00:09:07.160 One guy on December 26th of 2004, we got on a plane.
00:09:11.280 We went to Guatemala.
00:09:12.460 I went to Puerto Barrios, Livingstone, Tikal, Tikal, all the Grand Aguar.
00:09:16.400 We went to all these places and we went to a church.
00:09:18.680 I spoke to a church.
00:09:20.000 Most Guatemalans are not very tall, 4'10", 5 feet tall.
00:09:23.020 And I have a picture with me around them talking to a church of 500 people and I'm speaking
00:09:27.280 English and they don't speak English and I have a translator with me.
00:09:29.780 And then we went to another church that fits 15,000 members that just opened up.
00:09:33.260 I think John Maxwell was the opening one.
00:09:35.000 This place had all these different volcanoes, water volcanoes.
00:09:38.780 That's a paradigm shift for the people that went there.
00:09:41.860 Paradigm shift could be, remember the Titans, when Denzel Washington says, whites in this
00:09:47.840 bus and blacks in this bus, no, get out. 1.00
00:09:50.420 Defense, offense, get on the buses. 0.98
00:09:52.900 Takes them to a cemetery, takes them to a place where a war happened.
00:09:56.200 He says, when a war happens, nobody cares if you're white or black.
00:10:00.540 Everyone's your brother.
00:10:01.900 You get their back, they get your back.
00:10:04.660 Strong side, weak side, left side, right side, no one cares.
00:10:08.360 We got to have each other's back.
00:10:09.540 What he's doing, that coach that they made a movie about and Denzel started it, that coach
00:10:14.500 is creating a paradigm shift for the players to no longer see colors.
00:10:19.200 It's called a paradigm shift.
00:10:21.340 You need to go to events to have a paradigm shift.
00:10:24.180 I went to a Billy Graham event in 2003, November of 2003.
00:10:29.020 It was in Pasadena at the Rose Bowl.
00:10:31.620 I went four days.
00:10:32.560 Every day I went to it and I watched this.
00:10:34.660 I went with as many people I could take myself.
00:10:36.320 As an atheist, I went.
00:10:38.060 I had paradigm shift.
00:10:39.880 I can tell you hundreds of stories of me having a paradigm shift.
00:10:44.200 Every time I want to recreate myself to go to the next level, I have to put myself in
00:10:48.840 situations to have a paradigm shift.
00:10:50.920 If I want my organization to have a paradigm shift, I got to create that climate for them
00:10:56.280 to go see things they've never seen before.
00:10:58.260 If we're watching Man in the Arena with Tom Brady, I rent out the Foxborough Stadium and
00:11:03.260 we sit there and we watch the documentary of 10 episodes together and we bring out three
00:11:08.260 different New England Patriots that played with Brady and Belichick.
00:11:11.380 And they give the perspective of Man in the Arena from the player standpoints.
00:11:15.120 That's a paradigm shift.
00:11:16.420 So now let me go back to it again.
00:11:18.160 Bad citizens, you're not God.
00:11:20.200 You can't make miracles happen.
00:11:21.600 They have to choose to change.
00:11:23.680 If you're watching this, you know if you're a bad citizen because you probably are not
00:11:27.820 watching this video anymore.
00:11:28.880 Very few bad citizens will watch this video through.
00:11:31.320 They're going to stop it after the first 30 seconds.
00:11:33.060 But if you're still watching it, you want to change?
00:11:35.700 I applaud you.
00:11:36.520 You know who you are.
00:11:37.640 You got to make some changes. 1.00
00:11:38.680 Because if you're a bad citizen, I hate to say it to you, life sucks. 1.00
00:11:42.280 And you know it. 1.00
00:11:43.580 And if you keep going like this, it's going to suck even more. 0.86
00:11:46.540 If you're a reliable citizen, you got strong character. 0.97
00:11:49.980 You know it.
00:11:50.600 You got a hard skill.
00:11:51.740 You know it.
00:11:52.620 But if you want to be an impactful citizen, you got to start taking some courses to have
00:11:56.320 better soft skills.
00:11:58.220 You got to go out there and put yourself in situations to have a paradigm shift to start
00:12:01.700 realizing you can make a bigger contribution to the world, to the company you're a part of,
00:12:05.700 to the city, to the country, to your ethnicity, to whatever.
00:12:08.480 Whatever it is, you need that paradigm shift.
00:12:11.040 So now, this is a message given to you, to those who want to become impactful citizens.
00:12:17.820 If that's you, you can get this PDF, subscribe to the newsletter below.
00:12:22.420 We'll send this to you.
00:12:23.600 And I gave a talk last week, I think, in Long Beach, at the Driven event, where I talk about
00:12:30.260 this.
00:12:30.520 It's a keynote for about an hour.
00:12:31.800 However, if you've never watched it, it's very direct.
00:12:35.720 It's very, very, it's tough to watch because I'm going to be very direct with you for an
00:12:39.500 hour.
00:12:40.200 But if you have the tolerance to watch somebody being very direct with you for an hour, highly
00:12:44.820 recommend you click over here to watch the keynote.
00:12:47.640 Having said that, take care, everybody.
00:12:49.120 Bye-bye.
00:12:49.640 Bye-bye.