A Bit of Optimism - Revisited: Molly's Game with Molly Bloom
Episode Date: October 1, 2024Some people’s life stories are too crazy not to tell. So today, we’re revisiting one of my favorite episodes, my conversation with Molly Bloom. Her story is so riveting it's no surprise it became ...a star-studded Hollywood film. After her Olympic dreams were dashed, Molly wound up running an illegal, high-stakes poker game where hundreds of millions of dollars would change hands in a night.  Molly made a lot of money. Celebrities, mafias, and federal informants soon took an interest in her and her game. Eventually, she lost everything and had no one to blame but herself.Her story became the Academy Award-nominated movie Molly’s Game, and the lessons she learned from her extraordinary journey have tremendous value for the rest of us.This is… A Bit of Optimism.For more on Molly and her work, check out:twitter.com/immollybloom
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If you've ever read the book or seen the movie Molly's Game, then you know how insane Molly Bloom's story is.
And if you haven't, well, it's nuts.
I wanted to revisit this episode for two very simple reasons.
I love the story and I love Molly.
And the way she tells stories, the way that we can listen to her and be with her through this wild rollercoaster of a ride with drug kingpins putting guns in her mouth and threatening her and Hollywood A-listers propositioning her, it's just nuts.
And I hope you have as much fun listening to this episode and getting to know Molly as I have.
This is a bit of optimism.
Molly Bloom, I have to tell you, I was so excited that you were willing to come and have a conversation because I've seen the movie Molly's Game, and I know you wrote the book
on the same topic and lived the life. And had I not known that it was real, I would have said the story is way too
fantastic to have actually happened. What crazy mind could actually come up with this incredible
work of fiction only to discover that it's a hundred percent real, that this was your life.
And of course, after seeing the movie, went down the rabbit hole of like Wikipedia and reading all
of the news stories, because I couldn't believe it actually happened. And it did for the people who haven't seen this brilliant movie or read this
brilliant book. And I know you do this a hundred times. I apologize. What is the thing that you did
that I find completely insane? I also find it completely insane at this point in my life. So
when I tell the story, I'm like, did I really do that? So I was a pretty
normal kid. I grew up in the small town in Colorado. My brothers and I loved mogul skiing.
We are competitive mogul skiers. We started competing and wanted to go all the way. And I
just had what I thought was this set path. I was going to ski for the U S ski team. And then I was going to go to law school
and there was just no question, no deviation around that. It was, that was my plan. And,
you know, I got thrown a little curve ball. I got really bad scoliosis, had this crazy surgery in
which they used 11 of my vertebrae together and basically made my thoracic spine immovable.
And I was a mogul skier, so that wasn't ideal.
And, you know, everyone was just like, you're going to probably have to find a new hobby. But for me, it wasn't my hobby. So I got back on the mountain and I guess it was the first time in my
life that I experienced this ability we have to go against experts and parents.
And maybe this is where it all started.
Anyway, so I ultimately made the US ski team.
I was really doing well.
I was third overall in North America
at this crazy, you know,
one in a billion odds situation
in which I was at the Olympic qualifier,
skied over this little tiny piece of pine bough
and my ski pre-released in
the air and I crashed and ultimately made this decision that I was going to retire from skiing.
And I had just taken the LSATs and I was, you know, ready to sort of pull the trigger on that
part of the journey. But for the first time in my life, I was so heartbroken and so just disjointed
that I couldn't get it together. So I decided I was going to take a
year off just to be young and be a kid. And I really just wanted to go somewhere warm because
I'd been chasing winter my whole life. And because this is one thing that I don't think a lot of
people maybe do realize when you decide you want to be an Olympic athlete, that is your 24 seven
job. I mean, you train your relationships, you sacrifice, you miss birthdays,
you miss Thanksgiving's, you know, you miss all this stuff because all you do is focus on the
Olympics. And now that that is gone, you've missed out on childhood basically. Yeah. And it's now
you want to go reclaim a little bit of youth. Yeah. See what it's like. So I went to Los Angeles
and I got a million jobs. And one of them was working at this real estate development company.
And my boss told me one day, I'm going to have a poker game and I need you to serve
drinks at it.
And, you know, that was the rabbit hole.
I just remember being 23 and a half years old and walking into this room and it was, yes, sure. There were a list
movie stars, but there were also politicians and the head of one of the biggest investment banks
and somebody who had just brought their tech company public. I mean, this room was insane
and it was so compelling to me. This was access to information and people were speaking so candidly. And then at the end of the night, I made like $3,000 for refilling Diet Coke. So this is a good gig. This is a great gig. And I just became more and more fascinated with the world and the world of the world of high stakes gambling to some degree, but more of this unconventional,
underground, sort of masters of the universe setting.
Like this is the kind of stuff where conspiracy theories come from,
which is that there's a small group of people controlling the world.
Turns out you were in that room serving Diet Coke.
Right. And I started to just really understand that I had this skill set that I wasn't aware of.
And that was that it was an entrepreneurial skill set because I would see how things were
done and I would see a way to do it better.
And I was quick on my feet and I was a problem solver.
And so I decided to start my own games with the intention always being, I'm going to do
this for a couple
of years. Then I'm going to go to law school because I'm a serious person and I want a serious
life, but this is an opportunity to save some money and to make these incredible connections.
I started making millions of dollars a year. I started-
Millions. Millions of dollars.
Yes. Millions of dollars a year.
Just out of curiosity, how do you make the money when they're playing poker?
That's a great question because I was really at this point. And for many years, I was very
set and determined to only do it if it was legal. And so I hired attorneys and they analyzed the
federal statutes and they said, listen, as long as you're not taking a rake, which is what they do in Vegas.
What does a rake mean? A rake means when the players bet, the house takes a percentage of the pot. Because if you were taking a rake, then you'd be an unregulated casino, which is illegal.
That's right. And so what happened was my game became the go-to game. It was all action. It was
the stakes were high. You could sit next to the biggest movie
stars and the biggest business people in the world. And there were nine seats and I was in
charge of those seats. And I was also in charge of how much credit was extended. So there was this
unspoken rule that emerged that if you wanted your seat back the following week, and if you wanted
credit and you won at the game, you tip Molly. And so people were
winning millions of dollars at these games. So you can imagine if they're tipping even just a percent,
a couple of percent over time, then it was incredibly lucrative and it was incredibly
exciting. I mean, how big are these pots that people are winning millions of dollars?
Simon, I'll tell you that by the time I got to New York and I'm kind of skipping ahead,
there were games in which people would win and lose a hundred million dollars in a night.
What?
It was just.
I can't even fathom that.
I couldn't either.
And I can't now.
It seems like a fever dream.
That's generational wealth. For sure.
That you lose or win in one night. Right. Playing poker. Right. Okay. So we're skipping ahead,
I recognize. You were running a quote unquote legal game. Yes. So when did it become illegal? so I had this very naive optimistic idea that I could be the one honorable
heart-centered person in the underground gambling world you know and it wouldn't get to me you know
I would I would just be able to retain who I was. And I ran the games for eight years.
And I would say six and a half years into it, seven years into it, and not overnight by inches,
I found myself looking in the mirror and not even knowing who I was anymore.
I was raised in a household that really was about value-driven living, not in a religious way,
just moral courage and integrity and doing the right thing. And that drove me and that centered
me for a while, but you have to know who I was hanging out with, you know, that the company I
was keeping in the world that I was in and everyone was trying to steal my game and screw me over and steal money from me and cheat. And it was a world that was like
completely about worshiping money and the hustle and gamble. And I got caught up and I started to
make choices that were not aligned with this core center. And I lost the plot. I mean, where do we start?
Before we talk about the moral sharp turn, I'm just curious, what was the reason your legal
underground game where you made money by taking tips became illegal?
In LA, what I had was pretty sustainable. It was manageable. I had one big game I did once a week.
When I went to New York, I built it out. I mean, I went all in. I had this huge game in which people were
winning and losing $100 million a night. I had the mid stakes and the low stakes and the derivatives
of Texas Hold'em. And I started to take risks on people. And I was the bank by this point. So
if somebody didn't pay their debts, I wrote the check. And that was what made my game so popular. One of the components. And I started to make some
bad choices and my debt sheet started to grow bigger and bigger. And I started to put people
in seats that if they won, it was going to be okay. But if they lost, it wasn't, I was gambling on people.
And so at some of these games where I had more exposure, I started taking a rake to cover my
downside and to try to make good on this debt sheet. But I, you know, up until this point,
I had a great thing going on because it was reputational suicide to stiff this game.
It was reputational suicide to stiff this game.
And there wasn't another game out there that was like it.
So when I did my job well, and I had, I'm sure the statute of limitations has passed on this, and I'm not even sure if this is a crime, but like I had bank employees on
my payroll.
I had private investigators.
I vetted people really well and got very good at it.
And then I just got sloppy.
Did you become like your gamblers?
If you just play a nice game of poker, you can win a little, you can lose a little, you know,
it's like the rule of gambling. When I go to the casino is what would I pay for a night out? Cause I'm not going to get that money back. If I buy dinner or whatever, or a show I'll gamble
that and never lose it. That was my night out. Right. But you're having people who are literally spending more than they can afford to lose.
Yeah.
And you are now becoming like them, which is you're now taking bets with the hope that
you will hit it big on this player.
But when they lose, you lost big.
There's this ethical creep of greed.
There's an ethical creep of greed.
And I think there's also a
piece of it that's addiction. Addiction to what? Well, in my case, I think it was
the adrenaline. Most of the players that were playing at the level of losing a hundred million
dollars, I think they were gambling addicts. And that at some point starts to get into your psyche and really made me question who I was and what I was doing in the world.
Okay. And now we have to get to the conclusion of this part of your career, which is it collapsed.
Yeah.
Do you know what I find fascinating about this? Like so many things, which it could have been fine if you didn't get greedy.
You were making, as you said, millions of dollars.
I was.
In LA with your weekly game, which is still the game to be in.
And if you were satisfied making millions doing a weekly game,
we'd be talking about this game that you continue to run to this day.
Right.
This multimillionaire.
But greed.
Right. Millions wasn't enough. No, no. about this game that you continue to run to this day right this multi-millionaire but greed right
millions wasn't enough no no and i also think there was a piece of it that was a bit self-destructive
because i didn't like who i'd become yeah anyway so the thing blew up it was multifactorial
first there were some russian-american businessmen that were playing in one of my games.
She just made air quotes.
And their stories checked out, but I knew in my gut that something was off. And it turns out
they were running the biggest insurance fraud scheme in New York City history. And the feds
were listening to their phones and they would come and always paying cash. And then the second thing that happened was one of the players in LA who we
nicknamed Bad Brad, he comes, he's the worst poker player I've ever seen. And he doesn't get better.
Like he doesn't seem to understand the simple rules of this game. And he would come and he
would lose hundreds of
thousands of dollars every night. At this point, I was like, Brad, I don't think you should play
anymore. And he was like, no, no, I love it. These guys are my friends. Please don't take my seat
away. So then it turns out Brad starts talking about his returns from his hedge fund. And
everyone's like, oh, bad Brad's a savant in trading. So they all start investing
with him. So bad Brad lost $5 million in the game. He raised $30 million for his fund,
which turns out to be a Ponzi scheme. So everyone thought they were hustling bad Brad,
but bad Brad was hustling everyone. And so not only did we have to pay back the 5 million,
they all lost their investment. So that happens. Somebody's
lawyer leaks the depot to the tabloids. So now it's on the radar. Then I had a run in with the
Italian mob because, oh, by the way, and the Russians that were running that insurance fraud
scheme had alleged ties to the Russian mob. But now we're talking about the Italian mob.
You know, I was the biggest game runner in New York city. And they came to me and said, you're going to have to give us a piece of
your operation. And I tried to explain very logically why I couldn't go into business with
them. And they didn't respect that. And they sent this guy to my apartment who put a gun in my mouth and beat me up and, you know, gave me this
very terrifying message that if I told anyone, and if I didn't acquiesce to their demand that
they were going to hurt me and find my family in Colorado. And I didn't know what to do. I was so
for the first time in my life, just had no idea what to do.
Didn't call the cops, didn't call my family. And then a week later, I hadn't heard from them. And
I got the New York Times and on the cover, it said 125 arrested in the biggest mob related
takedown in New York City history. So I never heard from them again. And then the last thing
that happened was I started taking the rake. The feds
had put a confidential informant in my games at this point because they are listening to.
They found your crime by accident.
Right. Exactly. Yes. And then in, you know, later that year,
one of my poker dealers texted me and said, the FBI is here looking for you.
And I immediately started packing a bag for the airport,
tried to buy a plane ticket from JFK to Denver. My credit card gets declined. My debit card gets
declined. I log into my account and my account balances reads negative 9,999,000. You know, I make it home. The FBI doesn't apprehend me. My attorneys call
the feds and they said, your property, unlike your person who doesn't have the presumption
of innocence. And we believe on good authority, she's been making her money illegally. If she
wants to come in and go on record and tell us how she's been making this money and more details
about this interesting career she has, We'd love to have that conversation.
I couldn't do that. And the last thing my attorney said is,
do you want her to come in? Is she part of this investigation?
And they said, no. And if she is, we'll let you know.
And so that led to, I just went away.
I moved in with my mom, you know,
in the mountains of Colorado and I felt really sorry for myself and had to figure out a way, you know, this has been in the tabloids now and there's all this,
all these rumors. My network is destroyed. I, I need a job badly. I don't have a bank account.
I don't have any money. Well, you do have a bank account. It's got negative 9,000,000.
Yeah. So like I would have to, I would have to deposit $10 million in order for it to be a
function. I had to do two really important things. I had to, first of all, look at this mess and
own the fact that this was entirely my fault. And I had all the information on hand. I had
all the opportunities in the world to do something that wasn't illegal.
And here I was.
And then, you know, I had to try to figure out how to come back from this.
So two years go by.
Oh, my goodness.
You think you like, OK, I fucked up.
I got to get out of jail free card.
Literally, I'm going to put my life back together and never make this mistake again. Two years go by. I got sober because as you can imagine,
in that world I was in, the substances and alcohol and pills and everything were a big part of it.
I got sober. I got, you know, started meditating. I looked at the whole mess. I took responsibility for it. I got a job.
I moved back to L.A.
And seven days later, in the middle of the night, I got arrested by 17 FBI agents with machine guns and high beam flashlights.
And they put me in handcuffs and they put this piece of paper in front of me that said the United States of America versus Molly Bloom.
Whoa. front of me that said the United States of America versus Molly Bloom. And I had a day and a half to
get to New York City to find an attorney that's going to represent me in this, the fight of my
life. I don't have a dime. And, you know, I had eight meetings with attorneys the day before the
arraignment. And this is a terrifying indictment. This is a Russian mob indictment. 95% of the
people that are indicted,
I've never heard of in my life, including some guy who lives in Moscow, who's known as the Vor,
which is like the godfather of Russian organized crime. I mean, life does not make sense. There's
no way to grasp it. And I finally found this attorney. His name's Jim Walden. He was at
Gibson Dunn at the time. And he was like, you need help. What you do in the next couple of weeks is going to determine the rest of your life. And I'm going
to help you. And I basically had to give him an IOU for the retainer. And we started working
together and the prosecutors wanted a meeting. And this is- He afforded you credit.
He did. He gave me credit. He thought me credit. Oh, the irony. I paid him back every cent.
So I start working with Jim and the prosecutors want a meeting. And this is the Southern District
of New York. This is a very big prosecutorial office. And they really wanted me to become a confidential informant.
And they weren't interested in the mobsters or the Russians.
They were interested in celebrities, in the hedge fund managers, and in the politicians.
And things that they wanted to know, I didn't know any Epsteins or Weinsteins.
I didn't know people thatsteins or Weinsteins. I didn't know people that were doing
really terrible things. I knew people that were maybe like betting sports or, you know, doing
some sort of like shady hedonistic stuff. But I didn't know, in my opinion, I wasn't going to be
making the world a better place by becoming a confidential informant in
this case. All I was going to do was shirk the responsibility of the consequences of my actions
and destroy the lives of other people, many of whom I knew their kids, you know, and I knew
their wives. Did any of them come to your aid? I mean, you'd looked after them. Some of them,
you'd extended credit and they were quote unquote, your friends. Did a single one of them call you up and say, can I give you some money?
Are you okay? Did they even call you up and say, are you okay? No, but again, you know, I mean,
they don't owe you anything, right? They don't owe me anything. I didn't ask for anything. And I
wasn't, you know, it wasn't the Peace Corps. And you weren the underground gambling road. And you weren't friends.
No. Would I have hung out with them if I wasn't making millions of dollars by their gambling?
99% no shot. So I turned the offer down and I waited to get sentenced. And we all thought I was going to go to federal prison. And my life was, again, a total disaster. And my father and
I weren't speaking. Wait, wait, wait. Back up a second.
Molly Bloom running an illegal gambling ring, interloping with the mob, even if it wasn't
by choice.
All of a sudden, you find moral high ground where, so what?
Let a couple of celebrities and politicians get investigated by the feds and be humiliated
so you can stay out of jail.
Why didn't you take that deal?
I think most reasonable people would have taken that deal to stay out of jail.
So it wasn't for them. It was because I had this experience of what it feels like when I acted
not in alignment with what I believe in and who I am. And I, I hated myself and I didn't want to
fight for myself anymore. And this like almost delusional confidence that I'd always had was gone.
Was it less moral high ground and more giving up?
No, because I had been in that place and I'd come out of that place. I had done all this work. I had
a very strong sense of pride that these were my choices and I was going to stand for them.
You actually were willing to take accountability.
I was.
I needed to take accountability.
Okay.
There's a piece of it that's moral and there's a piece of it that's also strategic.
I want a life after this.
Yeah, but you could have stayed out of jail.
This was my thought.
And Jim Walden wanted to correct me every time.
But I was like, listen, if I spend two years in a federal prison,
I'll learn a language. I'll, you know, whatever, like I can get through it. Like get into shape. Yeah. Like I will make sense of the time there and I am good at making money. So I'll
just make more money. The other one seemed like an unknowable, unendable life sentence. How long
and to what degree are the feds going to use me and destroy
my life it was something awful but finite versus something less awful but forever and something
that gave me and this has always been important to me and you can ask my family because i would
open my mouth no matter how much trouble i got in and I always got in trouble. I have to have agency.
Like I have to feel that I have some sort of internal power.
You know what I find interesting is everybody told you stop skiing. You didn't listen to people
who knew more than you and you broke your back. You destroyed your skiing career. Then you go into something
that was very profitable, but greed got the better of you. And I'm sure people told you,
don't do it. Just stick with what you've got. You got a good thing going. Don't ruin a good thing.
And you ignored the better advice and the whole thing crashed in on you.
And now everybody's telling you, take the deal, take the deal.
You're an idiot, take the deal.
You ignore the better advice,
but this is actually the right choice.
So one out of three.
Well, it's less one out of three.
What I think is curious is,
what was it about your gut
that was different the third time of ignoring?
Here's the answer to your fascinating and I think very intelligent question. And no one's ever asked
me this and I've never really thought about it this way, but the answer to me is really clear.
I grew up in this family with two brothers who were so successful right off the bat and their
success was so defined. My younger brother was number one
in the world in mogul skiing at 16 years old. He went on to have a prolific college football career
and Olympic career in skiing. And then he got drafted fifth round of the Philadelphia Eagles
after the Turin Olympics. He won, you know, multiple world championships.
He was like an Abercrombie model during these years.
Please, please tell me he's an asshole i wish but he started a charity in our hometown granting wishes for senior citizens because he was worried about them oh i hate him and most
recently this kid who we just thought was a really good athlete, like started and sold a software company.
All right.
So this is little brother, just a prodigy model, like empath.
Okay.
And charming and lovely and all the generous and kind and ethical.
And then my middle brother is even worse.
He's a Harvard educated cardiothoracic surgeon at Massachusetts general.
Who's dedicated his life to helping children with
congenital heart defects. And here I was at 35, like millions of dollars in debt, a social prey,
convicted felon, like the family felon, you know, but to get back to your question,
I felt in the shadow of my brothers and I was going to go and do something and be something no matter what.
And my biggest fear was that I wouldn't.
And then, and I would fail.
And then I failed so spectacularly.
And there was such a moment of liberation about that failure.
Cause it was like, okay, like literally I'm the family felon and look at these two, you
know, sports hall of fame, Harvard med school. Like I'm not even in the running anymore. So great. And then that gave
me the freedom to really start to become who I was without this rage to sit at the table with my
brothers. I love this. Yours is such an exaggerated case of what it means to live a life in constant competition, trying to outdo
others, whether it's high school friends or your brothers, your goal is to beat them in whatever
arbitrary metric you choose, fame or fortune or whatever else, anything else. The times that you
kept doing that, the ski decision, the expansion of your business decision, ultimately it crashes
because it is for all
the wrong reasons. But when you just sort of resign yourself to the fact that I'm not going
to be the richest, the best looking, the smartest, I'm not going to be the most successful, but I'm
going to live a life that I enjoy. All of a sudden the joy goes up, The stable and legal success shows up.
Right.
I love this lesson that the only competition is yourself.
Unquestionably.
And the calculus of it, the components of it are so different than what you think they
should be.
The things that really give you joy and the things that really make you a complete person and give you peace and contentment look nothing like I thought what they look like.
We have to tie up a loose end before we talk about what happened next. So you decided not
to cop a plea and you decided to roll the dice, no pun intended. How did it end out? I got really lucky. I got a judge who was 41 years old,
Obama appointed, super disappointed in my life choices. He gave me a full dissertation on that,
but basically didn't put me in jail. And a big part of this was the guidance that Jim Walden
gave me. He said, we are going to move with integrity.
He had an incredible reputation with the government.
He was a former federal prosecutor
who went after the five crime families.
He knew how to tell an authentic story
of somebody who felt bad and was changing their life.
And he also leveraged his reputation.
And so, you know, I'd love to sit here and say like,
oh, well, the judge just saw so much potential in me. I think a lot of it had to do with Jim Walden.
The reputational halo that you got when he decided to take your case.
That's right. And I had some great character letters from some great people. And you know,
I had real material evidence that I was changing my life. Whereas a lot of the people in my
indictment were going and sitting courtside at the Knicks and where, you know, like just hiring really aggressive defense attorneys
that were a lot of money. And this particular judge was like, you're an asshole. You know,
like, no. And so in a lot of ways, I lucked into it with Jim. He was the only attorney that would
take my case, but he was the right one. When did this all come to conclusion then?
they would take my case, but he was the right one. When did this all come to conclusion then?
So I was sentenced in 2014. There's this moment, you lose your legs because even though I was like,
oh, I'll go to prison, make the most of it, whatever. When you're looking down the barrel of losing your freedom, there's just almost nothing like it.
And so this immense moment of relief and then like, okay, but now what? I'm millions of dollars in debt. I'm a convicted felon. And so I went home and I tried to get, and one thing that I derived from running these games and being in this world is, you know, I got very good at strategy and I got very good at rationality. And so I went home and I spent a lot of time in the mountains walking, thinking,
what is the way out? And what I kept coming back to over and over is like, it's the story. This is a unique story, but I was up against a lot because there were so many powerful people
that were so afraid of their secrets being revealed. They were trying to run interference
on a book deal. And certainly
after that book got published and I took it to Hollywood, but I had so many meetings and people
were so interested in the room and then it was just like crickets or they would pass. And finally,
I just, you know, I got someone to be really honest with me and they were like, there are so
many people that are shutting this project down. And so it was kind of back to the drawing board.
And I got very clear on something, that there is a short list in Hollywood of people that
are so powerful, they don't have to play politics.
It's the Shonda Rhimes, it's the Spielbergs, it's the Sorkins.
These people, if they take on a project, not only gets made, they don't have to pander
to these people.
And so at the top of the list for me was Aaron,
partially because he is and was my favorite writer, partially because he's the highest paid screenwriter in America, which tells you something about his batting average.
I mean, I needed this to work because the book didn't first round. It did not work. It did not
change my life. It did not give me opportunities. I didn't even out earn my advance, which wasn't even much.
So I decided that I needed to get an audience with Aaron Sorkin. And I, most people laughed me out of their office and ridiculed me and stuff, but Ken Hertz, who I know, you know,
Ken Hertz sent Aaron the book. And I remember flying to LA, you know, I was living with my mom and I was like,
such a, on the outside, such a low point in my life, but so assured on the inside because I had
lost everything and was fearless. And, and I remember telling him my story and he said that
he had the greatest line after I told him my story.
He was like, well, I'll tell you one thing, kid.
I've never met someone so down on their luck and so full of themselves.
And I can assure you, I was not full of myself. I just wasn't going to quit until I got there.
It became like this game, you know, and I, I had chosen to be optimistic and I had chosen to believe in the impossible.
And it happened. Aaron wrote the movie.
How much of what he perceived as arrogance or extreme self-confidence, if we're generous, how much of it was real and how much of it was because you got really good at projecting that for years of doing just that?
Walking into that meeting with Aaron Sorkin,
did I think in a million years he was going to write this movie? No.
But I was going to give it my best shot and my legs were shaking under the
table and I never thought I'd hear from him again.
And it was 10% real in that.
I believe that humans deserve a second chance and 90% posturing for sure.
What are you doing now?
So I had a kid. I have a daughter 13 months ago.
Congratulations.
Thank you. That's a whole thing. Wonderful, hard, scary, the most vulnerable I've ever been.
And I'm-
That's saying something. Yeah. And I'm not saying something. Yeah.
And I'm a single working mom. I'm on the speaking circuit a lot because it allows me to work on
these other things I'm working on. I'm writing a book with my dad actually on effective presence,
which is, it's the science of how you make people feel. Oh, interesting. Which has, if I look back
on my life and I look at what's the most teachable through line that has brought me to success and
capacity, it's really focusing on the science of how you make people feel because
emotions are the driver for decision-making. I mean, I'm itching
to interrupt you and ask the question. It's obvious here, you know, which is how did you make
these Hollywood A-listers, these hedge fund managers, these politicians who they themselves
have healthy egos, especially when they're winning at a poker table. How did you make them feel? Like
what was different about your room and how you made them feel versus a pickup game
at somebody's basement?
When I first went to those games, I found myself walking in and being like, you know,
trying to prove myself, right?
I'm smart.
I'm athletic.
I, you know, I was never going to be the smartest or most talented person in that room.
And then I was clear on a shift of like, you know, you shouldn't go in there and try
to sell yourself. You should go in
there and try to make people feel seen, heard, or remembered. Solve problems for people that
you weren't asked to solve. Invest in their experience, both financially and emotionally.
Do a lot of active listening. Authentically look for the unique parts of people and learn how to
have dialogue around that. So give me an example.
We can leave the names out.
Here's a great example of how my game was different.
There is always a moment
where someone loses an amount of money
that they're so uncomfortable with
that they're going to say to you,
and I'm not fucking paying that.
Okay.
And what happens with other game runners
is that they get scared and they get defensive
and they and they said well f you you're gonna pay it like whatever and what i was able to
recognize is that when someone says that to you they're in fear money is so connected to survival
and so my job then is to address the fear not not my own, to have this ability to overcome myself
in this moment, but to help make them feel safe.
It's just a super easy shift is instead of going in and talking about yourself all the
time, just asking questions, trying to find out what makes this person tick and how you
can provide value in their life or in their experience.
I used to have pregame quizzes with the people that worked the games with me, and we would
cover people's names, the names of their kids, the things they care about, the initiatives
they're working on, some follow-up from conversations from the last week, their favorite
drink order, their favorite food order.
A little goes a long way.
What I find so interesting is what you're running is a great customer service business.
Will Gadara came on here a previous episode. He wrote a book called Unreasonable Hospitality. He
was the promoter of Eleven Madison Park. And he just talks about how he became the best restaurant
in the world by the things you're talking about, listening, making people seen, heard, and
understood and offering this unreasonable hospitality. And that's what you did. Yeah. And the same way he became the best restaurant in
the world, you became the best poker game in the world by offering unreasonable hospitality. What
you're running is a great business. Right. Well, until it wasn't. Well, I mean, it was,
it was a multimillion dollar business because the tips you were getting were based not on
the ambience. You know, the tips that you were getting were because of how you made people feel.
Right.
And you were running a good business until you got greedy.
Yeah.
And, you know, that extends to decisions you make when they're not in front of you too.
Like for instance, pros wanted to play in my game constantly and they were offering
me so much money and a free roll and all these things.
And if you truly care about your customer, you're not going to make that choice.
You're going to have their back, even when they're not in front of you.
You know, I think there has to be some continuity there.
People have to know that they can depend on you and that they feel safe with you and that
you think that they're worth it, worthwhile. I mean,
after the fear of death and being alone, worthiness is like every human's fear, you know,
whether or not they're worthy. And it doesn't get like realized as people get more famous
or more rich, the hole seems to get deeper. So there's this misconception that those people
have their buckets filled and they absolutely do not. Did you live a life where like, you don't
want to go through that again, but you're glad it happened? Most days. There are days where I have
serious regrets. And most of the time there's two buckets there. One, since becoming a parent, I have serious
regrets from what I put my family through. And the other one is not parlaying it into something
really cool and sustainable. And, you know, because it was a huge cleanup job. It was seven to 10 years
of my life. You know, I had to allocate all my creativity, all my time, all my energy to putting
this back together when I could have done something else and something that I would have really
liked. But most days I don't play that game. Most days I'm like, God, Molly, if you don't wake up
and pinch yourself in gratitude every effing day for how this turned out for you, then you'll never
be happy. Did you actually learn your lesson? Do you find yourself, you know, when we talk about
competing against your brothers, have those demons been exercised? I don't think demons are ever fully exercised. I think you have to stay in a practice. I think the human brain
can fall very easily into these lower thoughts, these lower natures. And for me, I have to stay
in some sort of practice to keep myself above it. And if I don't, I will fall right into it.
I love that moral, which is the demons
are outside the gate for all of us, right?
And if you're not, as you said,
spending every day living in integrity,
if you're not spending every day pursuing a cause
higher than simply short-term gain,
that it's like water's ability to find any crack.
The demons will find a way in.
And once they get a grip, whether slow or quickly,
like your experience happened, it will unravel.
And that's why I think we need to get away from this idea of
let's just be so punitive to human beings when they mess up
or when they fall into this sort of the way that the unedited brain
is and let's start to impart different ideas. And that's why I love so many of your talks and your
books about this because you hear it and you're like, oh yeah, that feels so right. But people
aren't talking about it. They're just assuming that, that we should know this. I don't think we just
know it. You know, I think like we need people to talk about it. And I think we need to impart
strategies, which enable us to overcome the lower nature, to overcome the jealous mind,
the egoic mind, the self-pity, whatever these very sort of like real parts of the human condition are to rise above it.
That's one of the reasons that I was very excited to talk to you because I feel like you are a voice
for that. You are out there talking about this almost way to force evolution of human beings
into something kinder and more compassionate and more aligned with what actually feels good and is
right. Well, thank you very much. Those are kind words. I think what's interesting is it's actually
very, very hard to be human. We are cursed with a thinking brain. For sure. And all the things
about being human, like all of our emotions and how we manage those emotions, how we manage
relationships, like we suck at relationships. Like we suck at friendship. We suck at marriages. Like we suck,
like on balance, we're really not very good at being human. And, and there's a great irony
that with all these gifts that we have for being able to think and our ability to rationalize,
we actually have to learn and practice to be good humans.
Without a doubt. And I think that that needs to be normalized.
And I'm super grateful that I learned that because otherwise you're in this loop where you fuck up and you're bad at being a human. And then you get mad at yourself and you feel guilty
and you feel like you're not worth anything. And it's not easy and it takes practice and it takes
work and it takes instruction. And for me, like a meditation practice is a critical component
because I have to get to this place where all these things can go on in my head, jealousy,
self-loathing, greed, fear. And I have to be able to somehow sit above that and make other choices.
What advice do you give to young people now?
First of all, I just want to teach them the things that I
have learned that have enabled me to live a different existence. And one of them is to engage
in some sort of practice where you start to be able to manage your mind. Because these kids right
now, if you look at their stats, it's dire out there, the amount of anxiety and depression and
disconnection. And so getting to a place where you start to understand
how to facilitate a healthy mind and how to not listen to your thoughts all the time and not
listen to what's going on and be able to have some agency over that, I think is always the first
place I start. The second place I go to is this practice of being able to sit with hard emotions and hard feelings and a not act on
them right away and be not catastrophize them and just know that this is going to pass.
Because when I was young and I would feel something big, I would be like, I have to
change this.
I have to success money, whatever it is.
I have to throw something at this to change it.
And what I learned as an, as I got older and as I suffered many consequences for trying to escape the way that I felt inside
is that you can engage in this very powerful, very courageous practice of just sitting with it.
Um, another thing that I want to tell them is that there's this misconception, especially when
you're young, that you get one shot. That is not the truth. Like you're willing to grow and get better.
You get as many shots as you're willing to take. And finally that life and growth and transcendence
is about starting to get outside of yourself and starting to make your life about the greater whole, you know, the greater good.
There's never been a time that I was sicker than when I was completely self-absorbed and
selfish and thinking about myself all day and thinking about how I should win at the
cost of other people.
That was the sickest.
I couldn't even be with myself.
I had to use drugs or alcohol or success.
It's just, it's a human sickness.
And so, you know, starting to engage and I'm all about the action, right?
Like everyone, words are pretty, but sitting down to meditate, having an inventory practice
where you look at who you were during the day and how you could improve that and where
you're going to go from there.
Where's the action?
So starting to engage in actions that make your life about not just self. Molly, I could talk to you for hours.
Yeah, I could talk to you too. I have so many questions.
I mean, we have time for one. One? Only one?
Okay. So what do you think the thing that you have done that has most changed culture has been?
Is there a statement? Is there a concept? Because you really did change the conversation.
I tend not to live on past accomplishments. Though I can be proud of things, I'm always like,
all right, good. Now what's next? But if I do look backwards,
I think the thing that I'm proudest of as an accomplishment is that I've contributed to the
English language, which is the concept of why is now a noun. I can read an article in the Wall
Street Journal, for example, and somebody who doesn't know me, doesn't know my work, hasn't
read a book or seen a talk will say the problem with this company
is they don't know their why. And that is a noun. That's huge. That's so cool. And I smile because
I'm not given credit. I don't care. I'm proud of the fact. And, you know, if I go back to the early
on in my career, when I started defining the golden circle and I started defining the concept
of why I never put TM on the corner of it. Everybody has their idea and they instantly put a TM and
a trademark. Well, the problem with the trademark is then you're the only one that can do it and
talk about it and share it. It's not an accident that the word and the concept join the vernacular.
It's because I wanted it to, because I enjoy it. I enjoy reading the article and smiling. That's the joy I derive
because my happy place is actually behind the scenes. I like working in the shadows.
Yeah. You know, I'm a backstage person. I've never been much of the desire to be on a screen or on a
stage. So it's ironic that my career is on, you know, in the front of the proscenium because my
happy place is backstage. So many people are trying to do what you have done,
but it's kind of like the concept
of the philosopher king, right?
Like the philosopher king never wanted to be king,
but they authentically cared about something else
that qualified them to get there.
And so I think it's your deep passion
for the authentic shift and not your own glory,
which kind of circles it back to what your
point was about my third good choice and two other ones that were rooted more in the shallows.
Here's what I've learned. Competing against others, like our family, our friends,
our coworkers, competing against them is a fool's errand because there's no such thing as beating
them. Ultimately, what it'll
lead you to as you discovered the hard way is that you find yourself on a treadmill that you have to
make things bigger and bigger and bigger at your own self-destruction and sometimes the destruction
of those around you, but always your own self-destruction. And the idea of trusting your
gut when there's an ethical compass versus trusting your gut because you seek more fame or glory is a big difference.
Big difference.
And I walk away with those lessons and I'm very grateful for that.
Well, thank you for pointing those out to me, too, because I will probably think about this a lot and use it in my future.
But I'll credit you.
No, no, not necessary.
Unnecessary. unnecessary Molly you're great
thank you so much
so much Simon
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Until then, take care of yourself, take care of each other.
A Bit of Optimism is a production of The Optimism Company.
It's produced and edited by Lindsay Garbenius, David Jha, and Devin Johnson.
Our executive producers are Henrietta Conrad and Greg Rudershan.