Digital Social Hour - The Shocking Truth About Financial Freedom – You've Been Lied To! | Jason Graystone DSH #551
Episode Date: July 14, 2024🌟 The Shocking Truth About Financial Freedom – You've Been Lied To! 🌟 Are you ready to uncover the secrets to true financial freedom? This episode of Digital Social Hour with Sean Kelly is ...a must-watch! 🎥 Tune in now as we dive deep with financial expert Jason Graystone, who reveals the astonishing truth about traditional financial advice and why it’s time to rethink everything you’ve been told. 💥 Discover why saving 10% of your income isn't enough and how incomplete strategies are setting you up for a midlife crisis. 🚨 Jason shares his journey from a rocky start to achieving financial freedom by leveraging smart investments, the power of income diversification, and why being a millionaire is no longer a worthy goal. 💡 Don't miss out on these game-changing insights and actionable advice that will transform your financial future. Watch now and subscribe for more insider secrets. 📺 Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! 🚀 Join the conversation and let us know your thoughts in the comments below. Your journey to financial freedom starts here! 💬💸 #RetireEarly #ManagingFinances #FinancialLiesExposed #FinancialEducation #DigitalSocialHour CHAPTERS: 00:00 - Intro 1:00 - What made you start this journey 4:00 - Is real estate a good investment 5:30 - Forex 8:50 - What did you do when you found out you were having a kid at 22 11:26 - Is 10% a year enough 16:58 - Diversify your income streams 20:24 - Making $12 Million Off One YouTube Video 22:08 - The Power of Organic Marketing 24:30 - The Forex Space is Full of Scammers 27:35 - Do You Invest in Cryptocurrency 28:14 - How to Get to 9 Figures 29:54 - Where to Find Jason APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: Jenna@DigitalSocialHour.com GUEST: Jason Graystone https://www.instagram.com/j_graystone https://learn.tiersoffreedom.com/optin1603536628118 SPONSORS: Deposyt Payment Processing: https://www.deposyt.com/seankelly LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Although I'm not against saving, it's not a complete strategy.
So when people do that and they go, this is what ends up in midlife crisis,
because they get to a point where they're like, I was good.
I saved 10% of my income.
I did what I was told to do.
Yeah, it's not complete. So
there's a lot of great advice, but it's piecing it together so that you can actually become
financially free. Absolutely. And that's what not a lot of people are able to do.
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and it helps us grow the team. Truly means a lot. Thank you guys for supporting,
and here's the episode. All right, guys. Got Jason Greystone here today. We're going to talk
financial freedom. Everyone's goal, right? Everyone's goal, and not many people hit it.
Not many people. Not many people hit it young, too.
No, and I think there's a lot of people that want to hit it younger and younger which is um causing a lot of problems right especially on social media
yeah when did you start diving down this road i was 20 just coming up to the 22nd birthday
and um i was found out i was going to have a child wow i wasn't ready for that at all yeah
and he's in the green room right now and uh he's 19 now wasn't ready for it at all. Yeah. And he's in the green room right now. And he's 19 now.
Wasn't ready for it.
Didn't want that.
I had a really poor upbringing and I had, you know, I just wanted security.
I wanted all the things that I didn't have.
And just, yeah, it made me, it put a rocket up me to figure this stuff out.
So I went deep into investing and wealth building and tried every trick in the book, man.
Yeah.
Everything. There's a lot of traditional in the book, man. Yeah. Everything.
There's a lot of traditional teachings that I disagree with.
Yep.
So you got to be very careful who you listen to in the financial space.
Well, there's lots of incomplete strategies, like, and a lot of them have got agendas to
promote certain things and they add a little lot of showmanship to it to sell it.
One of the things like Robert K kiyosaki you know great guy
great doing great work but you know the whole 10 of your income thing save 10 of your income
you save 10 of your income for 10 years you've saved one year's income and if you do that for
40 years at which you're at work for you've got four years income there so although i'm not against
saving it's not a complete strategy
so when people do that and they go this is what ends up in midlife crisis because they get to a
point where they're like i was good i saved 10 of my income i did what i was told to do and then it
gets closer and closer and they realize they can't retire and then it's like crap i better start
living yeah and buy a convertible car you know they go and blow the
money and go and live for a few years but yeah it's not complete so there's a lot of great advice
but it's it's piecing it together so that you can actually become financially free absolutely and
that's what not a lot of people are able to do i'm not a fan of saving dude no just because of
inflation um your money's going down so fast so So if you save 100K in like 10 years,
it'll be worth probably 70, 80.
Yeah.
Well, yeah.
I mean, the cost of,
I mean, inflation means that
the cost of living will double
every 16, 20 years or so.
Yeah.
So even that,
like if you need,
people say,
I want to be a millionaire by 30,
millionaire by 40.
Well, when you get there,
you're going to need two million right if you want
today's lifestyle that's without you saying you want to up your lifestyle increase your lifestyle
agree you want to increase your lifestyle you need even more yeah you need three four million right
being a millionaire should no longer be the goal for it should not be the goal it's such a fluffy
goal and this is one of the things that i you know i try and promote as much as possible you want to
be a millionaire great but most millionaires are equity millionaires anyway and you can't you know if
that's in property you can't take a brick off of your house and go and pay for breakfast right yeah
you need income to have a great life and the goal is a great life not a millionaire
so you just need cat you need income yeah and you get income from a lot of the time, not being a
millionaire. It's so true. So true. And I totally agree with you. Millionaire should not be the
goal. It's a very, very fluffy goal. Yeah. So what's your advice when it comes to buying real
estate? Cause I am on the fence. Grant Cardone says it's one of the worst investments you can
make for a personal home. How do you feel about it? Yeah, for me, me i mean i look at it this way property is an asset to a
degree um but i'm much more of i'm much more favor putting my money into things that grow
and evolve whilst i'm asleep so i'll give you an example if If I invest in Apple and Microsoft and stocks and companies,
you've essentially got the greatest minds on the planet
around the table whilst I'm asleep,
thinking of ways how they can outdo each other
and innovate and build these great products.
And I'm asleep.
Or you could buy a house which is rotting and decaying
and it needs repairs and the roof needs redoing and the grass needs cutting and the fences are breaking and you've got tenants that come in.
Okay, they pay you some money, but they're also setting things alight and burning the carpet and all these kind of things.
And it's just a headache.
So I like to put my money into things that are not going backwards.
I like to put my money into things that are not going backwards right um i like to
put things into evolution and for me human beings are are that yeah i'd much rather invest in humans
and real life and companies that are breathing and living and moving forward rather than something
that's rotting and decaying in the sun another investment you have is in the forex space right
yeah so that was the last piece of the puzzle.
I don't recommend,
I recommend most people don't trade.
First and foremost.
Just not, most people can't do it
or most people go into it
as the first point of call
like to make money.
Whereas I went into it
as the last piece of the puzzle
to replace the last piece of income
that I needed to not have to work.
And underneath all of that i had lots of passive investments lots of cash lots of you know solid
fixed income investments but um and then i could afford to speculate a little bit and lose a bit
of money until i eventually came good and then found my feet. And, uh, and, and when you're in that state, you can concentrate and you can focus and
you're more poised.
Whereas if you are gambling everything you've got on something you've, you know, that's
very volatile and you can't pay the bills or you need that money to pay for food.
You're not that very approach is, is the thing that's going to stop you from being able to
master it because you need to be process oriented logical minded you know you need to you need to
be able to make decisions and and when you're irrational you're in poverty you just can't and
that's the problem with people without getting the forex or crypto these get rich quick schemes
they're desperate for money a lot of them. They're desperate for money. A lot of them. They're desperate. Yeah. Desperate for money.
There was a study done in India, 56 cities around southern India, and they tested the
farmers' IQs.
And when the market was booming and the crop was good and market was great, their IQ raised
by 30 points.
Holy crap.
That's a huge jump.
Huge, right?
And when they're in poverty and the market was dropping and it was slow,
it dropped by up to 30 points, up to 30 points. So it just proves that when you're in a level
of poverty, and when I say poverty, I mean, you can't...
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Maintain or upkeep the home comforts
that you've acclimatized to, right?
That's what I define poverty as.
It's your own personal comfort that you can't maintain.
And when that drops and you go into this kind of animal mode,
you can't possibly think about learning complex skills such as trading.
It's impossible.
So the position you're in is the problem.
And the approach you're taking to learn to trade is what's stopping you from being able to learn to trade.
Right.
Right.
Whereas if you've got money in the bank and cash in the bank
and you've put some money into maybe some, you know, index funds
and then you've put a bit more into large cap stocks
and then maybe you've kind of wet your feet a bit
and you've worked your way up into kind of medium cap stocks
or maybe some property.
When you then go, right, I'm going gonna go onto a roulette table or i'm
gonna go and play poker or i'm gonna go and learn to trade if you allocate that portion correctly
if you lose it you're not losing the house right therefore you just don't you don't care yeah and
it's it's fine absolutely most people don't do that no so going back to how we started having
a kid at 22 there's a lot of people right now watching this having kids at 20s, thirties that are living paycheck to paycheck. I know a few of my friends right now
in this situation. What did you do from there? Yeah. So first of all, I did save, right? So I
started saving my money. I was already doing that before I found out that we was going to have a
boy, but it was really, I became fascinated with this idea that I could replace my income from
more leveraged income streams.
So I was an electrician.
I was going out and I was an electrical engineer and, you know, exchanging my time for money, having to go into London every day and build insights and all the rest of it.
I wanted income where I could, that I could generate being mobile and, uh, and more passive, you know, require less time to do it um and i created this kind of
system where i thought well if i if i invest 10 of my income and get a 10 return per year
which you know seems high for some people and low for others um i can replace my income in about 20
years right and just when i figured that out i thought
wow you know why don't i teach that in school because yeah you go to work for like 45 years
typically right and i thought and the math worked out and i was like wow okay what about getting
this thing down so then i started going what if i increase my savings every three months
and put those into investments and then what what if I can increase my income?
So I started looking at, you know, overtime.
I was working hard.
I was basically putting as much money into this system
that I was creating so that it would churn
and start spitting out returns.
And then it was like, okay, how can I take this
to the next level and speculate a little bit?
So then I had, I had to learn a skill.
I had to learn how to read financial statements.
I learned how to pick stocks and value invest.
And then I just took it further and further until the point I learned how to trade financial markets.
That took me about three years.
And, uh, I lost probably 40 grand nearly.
In three years?
Um, on the early part, about in the first year I lost probably 40 grand nearly. In three years?
On the early part.
In the first year, I lost about 40 grand.
After about three years, I became profitable.
Not much, but it was enough.
And after that point, I'd replaced my income.
So from start to finish, I started at 20 years,
and I got it down to about three and a half.
Wow.
After the point that I became profitable at trading. That's incredible.
Yeah.
So by 29,
so I was 21 when I found out,
struggle, struggle,
you know, did all the thing.
And then by 29,
I completely replaced my income
that I was getting from my job.
And I retired.
And you mentioned 10% a year.
Do you think that's still enough
to aim for these days?
I think anyone can get 10% per year,
for starters.
And if you think about that, if you like you like if i if the first question that you said about financial freedom if you ask the room who wants
to be financially free everyone would put their hand up right if you ask how many people have
achieved it everyone's hand would go down maybe two two hands, one hand, right? Because the truth is it's like 2% to 3% of the population
actually become completely financially free.
And then when you look at what most people working towards
financial freedom are actually doing, and you look at their savings
and how much they've got in their bank account,
you see that it's like $1,500 on average.
Anyone who saves, the average people that save have got about $1,500 on average. Anyone who saves, the average people that save
have got about $1,500 in their savings account.
So even if you've got 10% per year,
that's better than nothing.
And anyone can go and do that.
You go and put it into a high growth index fund
and over time you will approximate 10% per year,
which it has done over the last 93 years that i've been studying like you know
that i've been i've studied and um anyone could do that right it's it's slow um but it's wise and
it's and it's something that what's the what's the risk what's the worst case you're going to
have that money still right which most people don't have this is the kind of argument i have
with people it's like what's what what's the alternative okay have nothing you people don't have. This is the kind of argument I have with people. It's like, what's the alternative?
Okay, have nothing.
Don't do anything and lose your money.
So you're going to have it.
The other thing is,
a lot of people think pensions are boring.
Yeah, pensions are boring,
but a lot of people don't do the numbers. So talking about 10% being enough,
the average life expectancy is 77 at the moment that's crossed between men and women
the average retirement age is 65 so you've got 12 years right at the end of your job hoping that you
die at 77 the average pension pot in the uk is about 87 and a half grand that is about six grand a year or 600 pounds per month nothing which is
like 900 a month yeah now after you've worked for 45 years and you've really put in your hard work
right you don't want to be living a lifestyle of 800 900 dollars a month right in your golden years
they call it but people don't do the numbers and then
if and then you have to hope that you die at 77 because your money's run out and you've got more
money at the end of your life or more life at the end of your money than money in your life so
otherwise you become a burden on your kids or become a burden and no one wants to become a
burden i don't want to for sure please help me you know no one wants to be in that situation
so people don't do
their numbers if they did do their numbers they think right okay i need this much by then and
then 10 might be enough for them if it isn't then what i what i would suggest is increasing your
savings too many people buy so much stuff now that they don't need to impress people that they don't
care about right sure we all know that we all all know that. We all go through that phase.
We all go through it.
Yeah, we definitely all go through it.
And I've had all the nice cars.
I'm in a place now where I've just got enough.
If I could live this day forever,
I'd be a very happy person.
And, you know, I love my life.
I don't need anything else.
But not everyone's got that.
And everyone's kind of still chasing, chasing, chasing.
But a lot of buying this stuff to impress other people is shaving years and years off of your chances of becoming financially free.
It's also removing your chances completely of becoming financially free.
And that's the truth of it.
So instead of doing that, put the demand on your own lifestyle.
Truly pay yourself first.
Everyone talks about pay yourself first.
I don't think most people understand what that actually means.
Paying yourself first means putting more of your,
like, as soon as you get paid,
you put more into your investments.
And before you buy all of that stuff,
so that you feel the pinch in your own life.
And it's like, wow, you know, I've just increased my savings.
I don't know how I'm going to afford something like, I don't know, I'm going to afford to eat next week.
But that's the magic.
Something happens when you do that.
When you put a demand on your own lifestyle, something happens.
You'll get a client ring you and say, oh, can we work on that project?
It's always happened to me.
And the best way to think about it and prove my point is if anyone's got kids when they found out they were going to have a kid
they were like i can't how are we going to afford this but yes you did it yeah and the reason you
did it is because you didn't have a choice so paying yourself first is that exact same situation
where you just say i have to make this work this is like a tax if it was taxed you'd pay it but if it's your own investments you don't whereas i did that was that was the difference
it was like i have to do this first this is the first priority um and yeah you can absolutely do
it and then and then the beauty is the more money you have in in the market or the more liquidity you have the more your creative brain
comes alive and allows you to learn new things so then you can learn about stocks and then you can
learn about you see other opportunities that you didn't see before because your head was in the
sand right right so now you're open to opportunity and a suggestion and oh do you want to come in on
this yes i saw that now but before you didn't see it because you're thinking i don't know how i'm going to pay my bills can't possibly think about giving
money to anyone else you know what i mean absolutely what do you think of the advice
to diversify your income streams they always say the average millionaire is seven yeah yeah i mean
for me diversified income streams has come as a it's almost um you can't avoid it yeah you
literally can't avoid it right and and the the
more success you have in investments the more um i just think the more poised you are and calm you
are as a human people trust you to they want to do stuff for you or partner with you there's kind
of opportunities everywhere the key then say no to things that are going to take up too much of
your time um but yeah you absolutely can't avoid creating new income streams.
When I look at new income streams, it still has to be mobile and leverage.
And when I say leverage, whatever you're going to do, just be a master of delegation.
You're never going to be financially free if you can't delegate things.
Outsource.
Yeah, outsource or just get rid of the things that you're not inspired by
because it starts to drain you,
you start to resent the thing
and it kind of has a reverse effect.
Whereas if you go, right,
we've got this opportunity
to create more leveraged income,
we've diversified,
we've got this opportunity here
to create a new income stream,
but I don't want to get sick of that income stream.
I want it to work.
So what are the bits that I like to do there?
And then what don't I want to do and making sure that you can delegate that.
Otherwise you'll just be,
if you,
if you don't have a plan for how you spend your time and your money,
someone else will have a plan for your time and money.
Right.
And,
uh,
and your calendar will just be filled with other people's shoulders to cry on
and all this kind of stuff.
That's not a way to live, man.
No.
And then you start going, oh, I don't want to do that again.
And then you don't.
And then you repel these kind of opportunities that come at you.
But diversifying your incomes as a strategy is very wise.
I know people say go all in on one.
There's truth in all of it, right?
Everything's half true and uh i think yes if
you're an expert at something you're going in you're double downing on something because it's
got a bigger picture a bigger outcome great do that and then once it gets big then you divert
you take that you build wealth and you diversify income right and it's safe and it brings in lower
returns but guess what you don't have to do you don't have to exchange your time for it yeah
absolutely that's the first stage right trading your time for money then it becomes oh yeah the
opposite absolutely yeah you do have to trade your time for money but you very quick if you want to
be free and you want to get there quick you very quickly have to learn how to delegate because not
only that if you're in business like you have to you're you're bottlenecking, if you're in business, you're bottlenecking yourself.
If you're just doing all the crap that you're not inspired to do,
someone else is better at doing it anyway.
That was my biggest thing I'd overcome my first few years,
just micromanaging everything, wanting to do customer service, marketing.
Yeah, you just have to let it go.
It was tough.
Yeah, it is tough.
It is tough because when you start, you just don't believe that anyone else can do it like yeah it's like that uh it's like that confidence
from just not knowing no no and but the truth is this there is a kid running a mcdonald's right who
had wiped the floor of most people's business like they're dealing with hospitality drunk people
yeah they're like running this system they're 16 years old, whatever age it is. They can run a McDonald's, man.
You're worried about delegating some emails.
They will wipe the floor of your business.
There's levels.
There is levels.
Did you make $4 million off one YouTube video?
Yes.
That's crazy.
9 million?
9 million?
Yeah, 9 million pounds, $12 million.
Holy shit, what happened?
So I've been chipping away at youtube for a long
time um and hopefully as i'm coming across here i'm very honest and transparent i could have
blown my youtube up and sold the dream to everyone yeah but i stayed very true very authentic very
you know congruent and uh teaching people the truth about this stuff. Finances, investing, trading. I was letting people watch me trade for free for years.
And I was just chipping away, chipping away.
And then we put our heads together and thought,
what would be a great, you know,
how could I give YouTube a video and give the audience a video
where they could watch it start to finish and not need me ever again?
And that was the question that we had in mind. So we sat down, we it start to finish and not need me ever again. And that was the question that we had in mind.
So we sat down, we went start to finish everything that you could think about
on trading, speculation, strategies, brokers, everything, everything.
Laid it all out, designed a really cool thumbnail
that was kind of like the for dummies, you know, the for dummies.
Yeah, the yellow ones.
Yeah, yeah.
So we kind of ripped off that and stuck it on and done like a variation of that. And it was called Trading for Dummies uh you know the for dummies yeah the yellow ones yeah yeah so we kind of ripped off that and stuck it on and done like a variation of that and it was called trading for dummies
and um we uploaded it in january and then by may it had about 10 000 and then in may it was getting
about about 10 000 a day and then it just it just blew up from there and i went from 55 000 subscribers to you know 275 000
subscribers which you know which is crazy on youtube that's crazy yeah yeah on youtube is mad
and um and that was in the space of a year and then what i said earlier about like you can't
help but make more money um i gave that video away for free and although the youtube ad
rev on that was i mean i'm in the financial education arena so the yeah the cpms are high
right it's like i think we did about 120 grand on just that video wow but the um because we built
these great back-end systems we really leveraged that thing and you know just in the first few months
we had 5 550 people buy a 30-day mini program with me for 297 holy dollars which was 1.6 million
dollars yeah and then you know up till now it's done nine million that's insane yes absolutely
crazy so almost 10 million off one video yeah no
ads i've never placed an ad wow i don't have an ad account incredible you know never we'd had no
marketing no ads no staff that's insane just i just spend a lot on ads to get to a million on
youtube right yeah tens of thousands i know yeah most people do that's that's why i was asked to
speak on stage with stephen bartlett and alidaal because that whole event was about marketing. Oh, yeah.
And you're like
the organic marketing.
Yeah, like the no ad ad.
The ad guy.
The non-ad ad guy.
And that's probably
more relatable to people
because running ads is hard.
Yeah, yeah.
I think it was a breath
of fresh air
because, you know,
the whole ad space
and meta and what they do
and changing it
and keeping you on your toes.
The prices are so expensive now.
Yeah, yeah.
Yeah, it's crazy.
So, I mean,
I'm sure it'll be something
that I'll learn one day, but yeah. I mean, right now it's at the point mean i'm sure it'll be something that i'll learn one
day but i mean right now it's at the point where people aren't even profiting off the front end
if you don't have a good back and i've paid ads you're not even going to make money right so in
the back end we created a an ecosystem of products that was very leveraged of time it was like very
lean very low cost you know no staff no we've had two um refunds in like well in five years of
damn that's it yeah holy crap that's a good product though yeah it's amazing and the reason
being is because we create everything with that in mind it's like what what would the business
look like if you didn't need money and and if everyone every business owner asked that question
they'd have a remarkable business they'd have remarkable conversations with their clients.
They would be stuffing their business.
They just wouldn't do, you know, and, um, and ultimately they'd, they'd focus on getting
results for people instead of making money.
Right.
You know, that's, that's, that's always been my thing.
How can I get a result for someone?
And then they'll tell someone and they'll tell someone.
Cause there's a lot of people in your space where their chargeback and refund rate is
insane.
They lose the whole payment processor.
One of the biggest guys, um, who's actually one of the reasons I got into that,
because I was just sitting at home, mate.
I moved our family into our dream house, amazing house.
I was sitting there playing a lot of guitar, eating a lot of food, trading.
I didn't need to do this.
But the reason I started to share my trades not as a signal service but
just share an insight into what i was doing is because there was so much crap and there was one
in particular massive he was run to the back of the room you know the whole success resources yeah
and um his channel just got to 220 000 subscribers and got deleted by youtube because of harmful
content holy crap and he hasn't
got one testimonial one good word said by any client you know damn and and someone who's claiming
to have taught thousands of people to trade you'd think someone would pop up and say this guy's great
but at least one yeah so at least a fake one right exactly yeah so i'll just focus on like getting
results knowing my knowing people that i work with, first name basis,
going for drinks and meals with them.
You're a needle in the haystack in the forex space.
That's exactly what I wanted to be, man.
Dude, there's so many in that space
because it's easy to manipulate people emotionally in that space.
It really is.
You show like a good fake trade,
they'll be like, oh my gosh, I need to do that.
I know.
And these traders are doing it.
They're taking multiple trades
and then showing the winner.
Or they're doubling down and buying.
And you see the screenshots of these apps.
They've got like 50 of the same play.
So as it starts to move,
they're just playing more and more and more.
And if you look at the position size,
they're risking like 25% of their account,
which no trader does.
That's insane.
That's not professional trading.
That is like literally at the casino.
Yeah, you're probably only going to risk like 1%, right?
1% max.
Yeah, 25 is nuts.
It's crazy.
If you lose that twice, you're down 50%.
And most human beings cannot stand fluctuations
of more than 10% of anything.
Like if I lost 10% of my friends, it would affect me. If I got paid 10%,
more than 10% of my average wage at a job,
I would be a bit cocky.
And so your emotions start to fluctuate
below plus or minus 10%.
I think that's why, you know,
the church figured out 10% tithing, right?
That's the most they could take without...
Without people complaining.
It's like, yeah, just take it. Absolutely. but if it was 12 percent it might yeah there's something there
yeah psychologically it's that double digit number right yeah because if it's like nine you're like
it's only single digits absolutely 10 so 10 like evolutionary we just have this kind of
threshold yeah like a thermostat where it's like i can't stand losing 10 i mean if i lost 10 on
my trading account i'd be i'd be sick that's why people in crypto have the toughest skin oh man
10 a day yeah up and down yeah yeah and you have to know your stuff if you're going into crypto
you know following someone on tiktok just isn't gonna come no definitely not for crypto
you're playing against like pros yeah buying shit coins is not the move in crypto it's not the move
not the move at all yeah you have any crypto yeah i have like i have um bitcoin okay that's it that's it yeah
yeah i've been holding like i've been buying bitcoin year on year for for a while i feel that
and that's it but yeah other than that i don't play it because i just don't know enough about it
i stick in my lane and do what i'm good at i'd rather just give someone else like if someone's
starting a business i'd rather give them money and go right okay i understand your business you've
got a good reputation you know diverse from a risk and i'll give them money to go and build a
corporation and take a smaller piece of a big pie rather than a big piece of a volatile pie
which is a headache full of staff and full of that's not me i want to enjoy my life yeah i feel
like equity is how you
get to nine figures equity in businesses definitely it's scalable it's scalable it is slow at first
but it's exponential like it is it just they say like most people who are really successful um are
in like 45 years old they start their their big play right and um you can it's obvious that that's
why because you've figured out all
the things that don't work you've built great connections you know you you know people you
can get things done quicker you've learned you know you know what works what doesn't work you
know how to place your money for a better return and you're invited to different conversations and
then you it's almost like it all comes together and you've got this power to just like do whatever you like yeah if you've been in the right you know if you've been doing the right
thing yeah you're wise at that age but yeah look at cody sanchez formosi sampar sean curry they're
all buying companies right now yeah absolutely man yeah that's that's how wealth is built but
with with regards to crypto i always say like if it keeps you up at night you probably shouldn't
have been in it like if you're checking If you're checking an app on your phone,
you've put too much in
or you shouldn't be in it at all.
Absolutely.
I have crypto, but I don't check it.
Right.
That's how it should be.
Yeah.
The more you're up at night
or the more you're checking your phone,
that's a signal that
you shouldn't be in that thing.
Absolutely.
You should have less money in that thing.
My mom used to text me every hour,
oh, my crypto's down.
Just sold at a loss. I'm like, you don't have the right mindset for this oh man i feel
sorry for people that check crypto daily oh that stress not even daily hourly yeah some people are
like glued to their phones yeah and i've seen it and it ruins ruins lives man but um yeah just don't
don't do it absolutely there's much easier and more fulfilling ways to
make money yeah jason where can people find your course and what you're up to man yeah i don't sell
i actively sell anything so all i'd love to promote is my podcast okay you know if you go
and listen to always free um from episode one hopefully you're still listening by episode six
but i from episode one to episode 20 i give a full like breakdown of what I recommend
everyone does
to have a
free and inspired life
like and
there's no need to work with me
just go and do that
wow I love it man
we'll link it below
thanks so much for coming on
dude that was fun
thanks man
it's been a pleasure
yeah
thanks for flying out here
thanks for watching guys
it was fun
see you tomorrow
cheers