THE ED MYLETT SHOW - Tony Robbins - An Hour that will Change Your Life.

Episode Date: August 9, 2017

Long Time friends Ed Mylett and Tony Robbins share an epic hour together.   Ed and Tony discuss a variety of topics.   Including: Tony's real Personal Story. How to attach the right meaning to an e...vent. How get the emotions we want In life. How to achieve a Peak State. Winning thinking. Daily Routines and Planning. The damage the traditional Financial Service Industry has done to Consumers and what to do about it.  How to be happier.    And much much more...   Please rank and review the podcast on iTunes.

Transcript
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Starting point is 00:00:00 Welcome to Champions Forum hosted by Ed Myles. My guest today is someone who's had a tremendous influence on not only my life, but many of you that are listening to this. He's influenced your life, helped alter the direction of it like he has for me. I think most people would consider him to be the primary influence the United States on peak performance, on change, on breakthroughs. And he's also now entered the business of the financial services world and is making a huge difference in people's lives in that arena as well.
Starting point is 00:00:33 And so I'm so excited. If I could pick one guest to be on this program, it would be this man right here. So I want to thank and welcome Tony Robbins to the show today. Tony, thank you for being here. That's great to be with you, my friend. How are you? I'm doing good. And I've been waiting and waiting on this forever.
Starting point is 00:00:48 So I'm glad we finally put it together. Me too. Let's get right into it, brother. OK, so everybody looks at you. And this is a guy on Instagram today who's got a thing out when he was working with Princess Diana or Bill Clinton or the various CEOs that he's worked with. Some of the top people in the world, Oprah Winfrey.
Starting point is 00:01:06 And I think that's an impressive thing about you, but I think I'm more impressed, because Tony and I belong to some of the same clubs, and we run in similar circles sometimes. And I think the more impressive thing that I hear about you is when I've got a caddy on a golf course, and he tells me, most biggest compliment he gives me is that I remind him of you,
Starting point is 00:01:23 the way I treat people. Oh, that's sweet. And they'll do it to my heart. No, and they tell me, most biggest compliment he gives me is that I remind him of you, the way I treat people. Oh, that's sweet. And they'll do it in my heart. No, and they tell me how kind you are when no one's watching or servers at our different clubs or restaurants, just the way you treat people. People ask me, no, it's not. You think he's the real thing or you the real thing
Starting point is 00:01:37 and you are. You're a genuine good soul. And I think that I think people need to know that, yeah, you're this powerful guy and you've had all this influence but at your core you're just a good man. Well thank you but I love people you know that's what drives me I love to light people up I hate to see suffering probably because I suffered so much myself on my own youth you know I grew up in a very tough environment I know you know Ed and I had a younger brother younger sister you know five and seven years younger and I was looking out for trying to protect.
Starting point is 00:02:05 And a mom that was a beautiful soul, but when she got, which was daily, drunk, and when she used prescription drugs, she was extremely violent, and would slam my head against the wall to high blood, or pour liquid soap down my throat to a threw up. And I never even talked about it, so she passed and one day I was with this group of kids
Starting point is 00:02:21 that were all physically abused. And on the six foot seven white guy like you say it looks like okay he's Paul he's got great economics and great opportunity and he seemed so enthusiastic and but nobody knows what what where I come from and so I for the first time that I look these kids in the eyes and I could tell when I was telling they're looking at me like some rich white guy and so I let me tell you the story and I told him the whole story and I was in tears and they were in tears. But out of that made me have this drive to want to help. And also really want to make a difference in every aspect of somebody's life because you know I went through the challenges of four different fathers. The conclusion of that I went through the physical abuse. I went through the experiences of you know being in high school and I wasn't a popular kid but I
Starting point is 00:03:02 love people. And the most popular kid in school was the meanest of a bitch to me that I've ever seen. It made me obsessive. I want to know what makes people do what they do. Just to be able to deal with my mom, I became a practical psychologist. I really had to figure out quickly what kind of do to change your state, to change your motion, to shift her so that she doesn't hurt somebody, herself, my family, myself, and those skillsets that started in my youth, they were in a procession. So, I mean, once I figured out how to make changes in my own life,
Starting point is 00:03:31 quickly, I became obsessed with reading because I had no mentors, I had no role models, I had no one to access to any form of what you would call business or financial or personal success, no role models of that nature. So, books became that and I took a speed reading class with Jim Ron, my teacher, and I got so excited about reading and I decided, you know, listen up, you know, person takes a decade of their life and Ronious to say they put in a book, you know, he said he used to talk about, you know, read 20 minutes a day, 30 minutes a day before you even have a meal, you know, make sure you don't miss that. And so I got into reading a book a day and I didn't quite do that, but I read seven
Starting point is 00:04:04 hers books over seven years, Human Development Psychology Physiology. So at time I was in high school, I was Mr. Solution. You had the problem I had a solution, especially if you were a girl, I was actually inspired. This is high school. You're saying already in high school you were this way. Yeah. Yeah. I was that way in junior high school but by high school it was my identity. I mean, people came to me at that stage and then I went to work for Jim Rohn, this personal belt with speaker. And then I eventually to work for Jim Rome, this personal belt with speaker. And then I eventually broke off
Starting point is 00:04:26 and started my own company with his support. And I started brokering other speakers, including him. And then eventually I became better than most of the speakers I was brokering. And so I started doing my own events. And then I diversified the content of those events. And a big huge part of all this though, that I think why I'm so connected to people,
Starting point is 00:04:43 I just, it's my nature. But also when we were really young when i was eleven years old we had no money and we had no food on Thanksgiving it's not like we were starved my parents were creative somebody you know they would have gotten some meal at some point it's not that night the next day uh... but we were gonna have a Thanksgiving dinner and i have this knock at the door and i went to the door and there's this tall man standing with these two
Starting point is 00:05:03 bags of groceries in his hands on the ground there's was a pot without any click turkey in it. They sat down and he said, is your father here? And I said, just one moment. I didn't grab my dad and and it was one of those moments that was surreal because it shaped my whole life because my dad was angry. He's like, we don't accept charity. He went to kind of slam the door and the man put his foot in the door kind of down. Stop. He's just surged. You know, these are from somebody that knows you're having a tough time they want you have a beautiful Thanksgiving my dad went to push the door again and with more intensely said we don't accept charity with a real anger at him and a guy this time put a shoulder
Starting point is 00:05:34 against the door said it foot and shoulder bounced off and one of those tense moments where I thought my dad might hit him again he looked at him and said saw me in the corner and said looked over and pointed me and said you know don't let your ego get in the way of your own family. And I'm not going to be in him for sure at that point. But he didn't thank God. He just took the food, slammed it down, slammed the door in the man's face, never thanked him.
Starting point is 00:05:54 And the difference in my life was, I figured this out years later that we all make decisions. As people are listening to you and I right now, every moment they're life, they're making three decisions. First you got to decide what to focus on. Are you listening with some saying, the tone, the tempo, are you going to think about something else, you know, think about dinner, lunch, what you got to do next, whatever you focus on you're going to feel whether it's true or
Starting point is 00:06:13 not, you're going to feel it. And then you give it a meaning. It's like, you know, is this the end of the beginning? You know, is this person flashing me or are they challenging me or are they trying to give me a gift? Are they loving on me? And the decisions we make about what to focus on, what things mean and what to do. Those three decisions shape us and my dad that day focused on the fact that, you know, that he had not taken care of his family. I know that because he spoke about it out loud and a very intense way. Yeah.
Starting point is 00:06:36 And I know what it meant to him. It meant him that he was worthless. That he said it over and over again. And then his action was to leave our family, which at that time, the first experience I thought of my life, both turned out to be the best experience for me because it didn't feel like it, but I focused on the fact there was food,
Starting point is 00:06:50 you know what it comes out of me. And what it meant to me, those were what changed my life. And it's a long way to answer your question, but it's important and that is that I decided that that means strangers care. That's the strangers cared about me. I decided that I got to care about strangers
Starting point is 00:07:03 and so I promised myself I would turn around and do the same thing for others someday. So on a 17, I fed two families, and it was a really emotional experience. And then next year it was four, and every year I was doubling it, and then I got my little employees involved at a small company at that point, but by 25 employees. And then it grew to a million people, and then eventually got to two million a year, and I started matching it. So we fed four million a year, and then I was riding money master the game about 4 years ago and I was interviewing all these billionaires and I watched Congress wipe out food stamps by a point of $6.8 billion and so it's called the SNAP program that's what I call food stamps the same thing and I
Starting point is 00:07:38 thought to myself I'm walking around with these billionaires and they're taking a week's worth of food from every family in the United States that needs it. One week out of the month they got to give it up unless other people step up and so I said you know I said 42 million people in my lifetime at that stage. What have I said that many people in a year and then I got more inspired and I decided to make it a hundred million and so for the last three years I've had a hundred million people each year for the last three years so we've had three hundred and fifty million people so far I'm gonna feed a billion over the next seven years
Starting point is 00:08:05 and my partnership with the United States. Oh my gosh. Took me in the direction when I met in my life. So the catalyst for feeding hundreds of millions of people was this experience at your front door with the with really is. I was wondering, that's always tell people the worst day of your life is your best day.
Starting point is 00:08:19 If you find a way to find a more empowering meaning out of it, it's corny as it sounds. It does it. It's not corny. And that's what I took from what you just said. Obviously, what you do is important, but real quick, that everyone has their story. Their old story, what could be their new story.
Starting point is 00:08:33 This happens to you. Similar circumstances, something like that happened to many people in their lives, but they didn't end up becoming what this became for you. How does someone take control of the meaning of an event like that? Because I believe that too. It's not the event that happens.
Starting point is 00:08:47 It's the meeting you attach to it and then what you do about it. Could you give them any insight as to how to, I mean, do that naturally happen for you, do you think? Or now in hindsight? How does someone attach the right meaning to something? I think what it came from is I just saw how much pain the opposite insights had.
Starting point is 00:09:03 Thinking that no one give the damage, my God said daily probably no one gives a shit about us was his exact language. And hearing that over and over again and seeing the anger in him and the resentment in him and then when the food came that day and seeing him enraged as opposed to grateful, it just struck me so hard. And so I think, you know, in a grateful place, you ask different questions, you answer questions in a different way. You know, add, you know, my work, everything in my work starts with the most basic fundamental, which is if you want to change your life, you have to change your state. That, you know, when you're in peak state, you're going to peak
Starting point is 00:09:36 performance. When you're in a crappy state, I don't care how smart you are, you're not going to perform at the same level. And whether it's performance or whether it's enjoy your life, you can't enjoy your life when you're at these low energy states that most people live in. I think everyone has an emotional home, a set of emotions that they know better than any others and they find a way to get back to it. 9.11.30 I was in Hawaii and I had, you know, 2,500 people from 65 countries and probably 65 or 70 people that worked in the World Trade Center, who literally that day, all their friends and family,
Starting point is 00:10:07 or all their friends and coworkers, rather died, and it happened on my watch when we're all together with these people, and when I got to witness was angry people got angry, sad people got sad, worriers worried. Some people felt guilty because they weren't there, and but it's the same pattern of emotion that people have every day of their life. We find a way. We use events to get back to what we know. A lot of us, if you use the metaphor
Starting point is 00:10:29 physically, if I were to say to you, sometimes I'm asking audience, I'll say, Ed, you've never seen these people. Let's say certain parts of the country, every two, three years, a storm comes by and wipes out their house and cyclone, or nor a leans or something, and you think to yourself, move, move, what a hell of a to move. And we all think of that when it's not up. Right. But when it's your emotional home, it's more invisible to us. We don't realize it doesn't know how much money you make.
Starting point is 00:10:54 It doesn't know how many people, how many beautiful children you have doesn't know how great your relationship is. People go back to what they know. And so what we have to do is upgrade your new home, upgrade where you live, psychologically or emotionally in a totally different way. And that's really become a big focus of my life, as well as skill sets to master whatever it is you want to, your business, your finances, or when any area of life your physical body that matters to you. That's so huge, because we do, we get the emotion that we seek that we're commonly home at.
Starting point is 00:11:22 I have a mother-in-law who's the most godly good Christian woman Christiana's mom Patricia and I'm just no matter what's going on She sees the Lord in it, you know, it's such a beautiful thing. You know, I mean It's it's it's radio the Lord is cool in us off. You know, whatever it is She sees the Lord in it and so but also she sees the Lord and she creates joy and you look at people There are people that we all know people Like a walk in the building and suck the objects Not the building by their presence Because they're always in such a crappy place and we all know people that like my career that are just so uplifted and isn't bullshit
Starting point is 00:11:56 It's how they really live the only difference is they have a different pattern of what they focus on I mean, if you know every moment of our life we're deciding what to focus on, but most of us decided unconsciously. And if you focus on, you know, what's missing, I mean, I'm giving you three patterns for your listeners. Ask yourself if you're listening to us right now. If you want to see the power of just your unconscious decisions, and if you're making conscious how you could change your life, take one of those three decisions, focus. There's three patterns of focus you could look at, which is your tendency. With that, I know what yours is going to be, but I want your audience to answer for themselves. Do you tend to focus more on what you have or what's missing? And when I ask that, a audience is all over the world, and you know, I usually go each year to about 15 to 18 countries,
Starting point is 00:12:37 I can tell you that 75% of the people will say, somewhere between 60 and 75 will say, that they focus more on what's missing. Of course. And that might be useful to make yourself grow or look at things. If you're constantly with missing, there's no way you can ever be happy. I'm going to how much you achieve. No gratitude. Now you focus on what you have and you're grateful from that place you can achieve anything because you're not empty.
Starting point is 00:12:58 You're not weak. You have an energy. Another question is, the attempt to focus on what you can control or what you can't control. Now most of my audiences are about controlling, that's why they came to this seminar, they want to take control of their lives. So I usually get a higher ratio there, maybe 80% control, 20% when I can't control. But when you combine two of these, let's say the pattern that you've had, everybody is both, but we have a predominant pattern. If the pattern is what's missing all the time, and when I can't control, you're going to be angry, staggered, depressed.
Starting point is 00:13:27 And it's going to, I don't care how many drugs they give. You ask people all the time in a seminar, I'll say, how many of you know someone who takes the antidepressants and they're still depressed? And you'll see 98% of the room. I'm talking about all over the world, London, Australia, anywhere I go, people are raising their hand, go, these people, everybody I know,
Starting point is 00:13:43 I know somebody's totally addicted to all these antidepressants, they're still the process because they haven't dealt with the power of the meanings they've made up, what they focus on. And the meaning you make up is I'm being screwed over or it never works for me or it's not worth it. The meanings produce the emotions of our life, that their derogatory meanings, destructive meanings, you're going to have a destroyed emotional life and then all of a sudden your actions come out of that so just Changing the pattern of what you focus on to what you can control versus what you can't to what you have
Starting point is 00:14:12 I mean grateful for it and then you can build on that and notice what's not there and handle it But it doesn't mean your primary focus is what's missing and another one is the focus more on the past the present or the future Most people are focused on the future if they're achievers Yeah, people that are really having pain tend to focus on the past people in the present, or the future. Most people are focused on the future of their achievers. People that are really having pains and to focus on the past, people in the present tend to have some joy, but don't always accomplish. And so there's no right or wrong, but learning how to use the past
Starting point is 00:14:35 were very little bit of your time, the present so you can be fulfilled. And the future so you can anticipate and create what you want, learning how to navigate these three patterns by themselves can change your person's entire life. Oh my gosh, that's so true. I just think about me. I think I'm like a lot of achievers
Starting point is 00:14:50 when you just said that last piece, two things. One, I think there's a subtle distinction. I think you'd agree between trying to feel and control but yet still taking charge. I think champions take charge. They're not obsessed with the great role. There's a distinction there. The second thing is, is that you said,
Starting point is 00:15:04 it's just, it's people listening to us that are achievers, they're nodding with the main great role. There's a distinction there. The second thing is is that you said it's just it's people listening to this that are achievers. They're nodding. I think I struggle. I'm curious if you ever do. I struggle with being in the present sometimes. In other words, I think like most achievers, I don't spend a whole lot of time on the past. And I am in the future a lot. Do you find that that the the the achievers that are not constantly
Starting point is 00:15:23 feeling fulfilled oftentimes are just so projected into the future of it they forget to be I think I struggle with that I don't struggle with it chronically but I think that's a pattern do you agree with that that I think sometimes for the achievers make sure that they're attempting to direct their focus to the present more often true or false I don't know yeah there's absolutely true I really believe there's two master lessons if you want an extraordinary life And I say extraordinary life. I mean life on your terms not somebody else's terms not my idea Not as idea your idea of your life and that's the first skill is really the science of achievement mastering that skill so you can take whatever you envision and make it real
Starting point is 00:15:59 That's the achievers skill set and you have it. I have it You know people we hang with and the people I teach usually have it. Some people don't realize how strongly I have it, because almost all of us have something in our life that at one point seem like a dream or it seemed impossible. And now it's in your life, whether it's a business or an income level or a relationship or children or something that you've always dreamed of that you've manifested. And when I tend to do show people, let's figure out how you do that. And let's show you then how you can use
Starting point is 00:16:26 the same exact formula to achieve what you want at the next level today, because people forget what they're capable of. But I believe that the science of achievement, it is a science. Like what does it take to make money? There are rules. If you violate them on a give it down,
Starting point is 00:16:39 who you are, you're gonna have too much months at the end of your money. You're gonna have financial pressure. On the other hand, if you align with them them there's nobody that can't become wealthy i've taken the principles i learned i would write this book money master the game with our angry i was angry at seeing so many people being take advantage of the marketplace and specially by the financial industry and i decided i'm gonna write a book
Starting point is 00:17:00 which became seven sixty six hundred seventy pages big book i want to write this definitive book, and it became number one New York Times best seller. I mean, literally, you know, I give you an idea. Steve Forbes said if there was a Pulitzer Prize for an investment book, this would win hands down. I mean, I wrote this book with a level of fervor, but the fervor was, I'm going to go interview 50
Starting point is 00:17:20 of the smartest financial people on the earth, Warren Buffett, Ray Dalion, Carl Icon, On and On, but the best of the best. I'm going to find out that they're all different. Whether they have in common or how do I make that simple enough so that people can actually act on it. So once you know it and apply it, I mean, I've applied those things in the last five or six years. I think you know, I've taken a bunch of my little $100 million companies.
Starting point is 00:17:40 I'm now doing five billion. We're going to hit six billion this year amongst my 31 companies. And it's all from applying to very principles I've learned. So it's a science, your body's a science, but the second master lesson is more important and it sounds boring as hell. And you've got to master the art of fulfillment. Because if you've got all this incredible achievement, but you're not fulfilled, then you have nothing.
Starting point is 00:18:03 I would tell people success without fulfillment is the ultimate failure. An example I give is, I've asked this question around the world for about a year now. If I've asked this, give it on, and Beijing China, I've asked it in Tokyo, Japan, I've asked it in Sydney, I've asked it in London, I've asked it in Peru, I mean literally South America, North America, all around the Earth in Asia, I've asked the question, South and the question is I said you know There's a man. There's a what I consider to be a national treasure in the United States was Robin Williams And I said we lost them two and a half years ago and I asked people I say how many you think this guy was an overachiever Yeah, everybody raises the first thing I do is ask people I say how many of you love this man
Starting point is 00:18:41 Don't raise your lights in only the a it. And like all over the earth. So true. 98% of people raised their hands, they love this guy. And I'm like, okay, was he an overachiever? He went to Hollywood, said, I'm gonna have my own show. He did it. He said, I'm gonna have the number one show he did it. He said, I'm gonna make more money than I could ever spend.
Starting point is 00:18:57 He did it. He said, I'm one of the most perfect family he did it. Then he said, I wanna make movies. Then he said, I wanna win an Academy Award for not being funny. It's number worth killing. He did. But then he hung himself in his own home, leaving his family scarred for life and hundreds
Starting point is 00:19:13 of millions of people loving him. So it doesn't matter how many people love you. It doesn't matter how great your life is. If you don't master fulfillment, then what life is just just stress. Life is just suffering with moments where you pop out of it because things go your way. But if only time you're happy is when things go your way and people do what you want them to do, you're not going to stay happy very long.
Starting point is 00:19:32 So the last part of my news book, Unshakeable, I wrote this book, Unshakeable because I wanted to give people a way to protect themselves because we're nine months and nine years and three months into this bull market. And only other bull market this long in the history of the United States went nine and a half years. And there's going to be a crash. I mean, it's not, this is not a big deal. It's not something to be surprised by.
Starting point is 00:19:53 But I want to make sure people know how to take advantage of that crash because crashes are the greatest opportunity for people to leap frog from where they are, they're where they want to be. Like you're a baby boomer and you started way, way, and you think you'll never be free. If you understand what you're a baby boomer and you started way, way, and you think you'll never be free. If you understand what's happening with the crash coming and you take advantage of it, you'll be able to make more money in the shortest period of time
Starting point is 00:20:12 than you've done in your tire investing career. Or if you've never had an investing career. Or I find millennials right now that think they'll never be out of student debt, right? They're just completely at the top of their head and going, there's just no way. And there is a way when they understand the fundamentals and the fear disappears because you understand the truth,
Starting point is 00:20:28 everything shifts. So that allows people not only to achieve more, but also to be fulfilled. And my last chapter that I'll book is, how do you really experience the quality of life that you want long term forever, even when it doesn't go your way, even when people unjust, even when your dreams
Starting point is 00:20:44 don't come true in the short term i always tell people you know what most people overestimate what they can do in a year and the underestimate when they do in a decade or two or three and those decades is you and i both know that they come quick right you have your fingers you know ten years and now we'll surely arrive as Jim ronius to say the question is where will you be when it arrives of it and so i'm trying to help people make sure they're where they really want to be in the future and that they're enjoying their Present fully yeah, you reach all kinds of you I want to talk about this book for a second
Starting point is 00:21:11 Let's I more than a second but the first book was outstanding It was a big book though and I when you wrote it I told you it's outstanding but in the back of my mind I thought this is a look this is a big read those a lot to take in here because there was just so much to cover It was a credible book. You sold millions and millions of copies. This new one I love, unshakable, and there's probably three people left in the world who haven't bought it yet based on the numbers.
Starting point is 00:21:33 But for those three people, I want you to talk a few minutes about this because people have said to me, wow, it seems like Tony's sort of remaking himself. And I thought to myself, no, it's not really. This is an extension of what he's always done. This is a way to serve people. This is a way to change their life. This is a way to serve people. This is a way to change their life.
Starting point is 00:21:46 This is a way to make an impact, the highest version of themselves. And to change their identity, the book's so powerful because I love so much of it, particularly the stuff as you talk about compound interest and fees. And I want to talk some specifics there if we can. But what I love is, as you know, I'm in the financial world as well. And, you know, I several hundred thousand of our clients have the book, but beyond that, I tell you the other day, it reaches everybody,
Starting point is 00:22:09 because I'm playing golf at one of the clubs you and I belong to, and I'm playing with a guy who's an NFL quarterback and a very successful young man. And as we go by your house, he says, I just finished Robbins' new book, Unchakable. And I thought, this reaches lit, because he's got access to the best financial people. He probably thinks he can get access to. Yet he was impacted by the book and he was quoting to me, Tony, specific things from the book. It wasn't like he skimmed it. I mean, he was deep
Starting point is 00:22:34 in this book highlighting it like I think most people should be. But why did you do it? So you had the first book and then you decide to come out with this one which even been more successful. My favorite thing, by the way, is that I think all the proceeds go to feeding America. Maybe you can touch on that if I'm wrong correct me. But no, that's true. The book books 100% go to it. That's, you know, I, that's how I fed 350 million people, but I've been in addition, I've obviously written some other big checks.
Starting point is 00:22:57 Some checks. 100% of the money from both books goes to feed people. But yeah, no, I wrote the second book as I said because I want to protect people because the timing is there. I wrote the first book and anybody that wants to go I want to write a book that a billionaire Client of mine could read and go holy shit. This is amazing And the average guy that isn't even started the journey could do it And I did that successfully as well. I was so successful
Starting point is 00:23:17 But then I thought I really want to book that when the things crash Yeah, tell people what to do and advance and how to protect themselves. What made me write that book besides the timing, hearing all the fear starting to build up, was really I had to, I do a program once a year for my platinum partners that group of my biggest supporters from my foundation. I bring in usually six billionaires. I bring in some of the top financial people that exist on the planet. We spend a week together and say, here's how to protect yourself. Here's how to maximize.
Starting point is 00:23:44 Here's the greatest opportunities are in the world. And I brought in the former Fed share, Alan Greenspan, a total legend to almost 20 years, was basically the most powerful man of finance in the world. And so I spent about two and a half hours with them off camera at lunch, privately digging in psyche, and then I brought them on stage for two hours. And at the end of it, we talked about negative interest rates you know things that have never existed in the history of the financial world that we're facing right now and and when it was all there I said so okay you're back you're made the head of the Fed again tomorrow what's your first action and we all leaned in to hear
Starting point is 00:24:18 what he's gonna say any pause for a moment you left it me and smile he said resign and then I had this conversation with the guys from Oak Tree from the gentleman there, who's investing half a billion dollars a week during the middle of the crisis, you know, in 2009, 2008, 2009, and you think Tony, if you're not confused by what's going on right now, you don't know what's going on. And so it made me realize, I need to write a short book that people go through literally in a few hours or a weekend and give them a playbook. Here's exactly what to do.
Starting point is 00:24:51 You have to know every detail. Here's what you need to do and here's how to set up a system so that you can literally do this once a year, twice a year max or maybe after you set it up maybe half an hour an hour and here's what the best people on the face of the earth have to say. There's not what I believe. you set it up maybe half an hour an hour and here's what the best people on the face of the earth have to say. There's not what I believe. None of these, either of these books, Money Mass, the Game, or Unshakable, none of it is my point of view.
Starting point is 00:25:11 It is all directly from the greatest financial investors in the history of the world, quite even without exaggeration. And then I add to it the psychology of how to get yourself the follow through because I always believe that the more complex you make things, complexity is the enemy of execution. Most people don't follow through because they make it too complex. My entire focus on this book is make it simple. So people could get a plan and get started, make it happen. And I tell people, look, I don't make a dime off this book.
Starting point is 00:25:35 You can out of four, not to read this book and know how to protect yourself. Minimum much less to take advantage because the opportunity of a lifetime is coming. I've been in the industry 20 years, I've not read a book like it. I want you to point to one part of it that, for me, it's kind of the secret of the industry, right? Nobody talks about it. Talk for a second about,
Starting point is 00:25:53 because you cover this in some real detail, about compound interest, but also how the slightest amount of fees and or especially taxes to can just erode the nest egg that you could potentially build. How does talk just about that for the cause no one wants to talk about that in most financial books because they're written from people in the industry right so it's kind of a secret right.
Starting point is 00:26:15 So talk about that for a second. Fee's in taxes it relates to compounding your money. Both of those things just real quick if you would. Well I'll give you a fact that I put in the book that just startled me personally. Another reason why I wrote the book. There's an organization I'm sure you're familiar with called Dolbar. Dolbar is one of the smart organizations that does research on the financial industry as a whole.
Starting point is 00:26:35 And they did some really simple research. From 1985 to 2015, they found up the S&P 500 over that 30-year period of time, had an average annual compounding of 10.28%, which is phenomenal, as you know, because it means you double your money basically every seven years. So if you put $50,000 in 1985, and that was it, and you never touched it, you're not adding to it,
Starting point is 00:26:56 it's worth just less, just under a million bucks a day, 941,613 bucks to be exact. But if you saw what the average person got, that's what the market got. That's what you did if you just bought the index. You didn't have any big fees, nothing of that nature. But the average American, when the average investor made three point two.
Starting point is 00:27:15 Now, at three point two, it's gonna take you, at three point six, I'm sorry, three point six and makes you double every 20 years. So now, instead of that 50,000, it's just under a million, it's worth $146,000. Same exact money, same exact everything. What's the difference? Why are people getting so little?
Starting point is 00:27:32 One of those pieces is fees. The other part is trading in and out of market, thinking that somehow you're gonna time the market and you're gonna do something that even Warren Buffett can't do. As an I interviewed, the smartest people literally in the world and there are a few unicorns. Ray Dalio is a man who in 23 years is average 23% before fees compounded over that time. You know, you give an idea, Carl Icon. Most people think of Carl as this
Starting point is 00:27:57 really intense character. And he is. I mean, I want to go see him. And he says I said, we're ready for the interview and he goes, no video cameras. I said, you. He goes I changed my mind. I said okay audio team. He goes no audio No audio Bring a paper of pencil So fortunately four hours later three and a half hours later I got him to open up got him to do everything. He got the insights in it But Carl like he wasn't a cover of time magazine a few years ago called a Master of the Universe. Everybody thinks of Warren Buffett, who I also interviewed, as the most incredible investor
Starting point is 00:28:29 of all time. He's the best and most articulate one. But Warren is average 20% compounded since 1968. That's inhuman. It's incredible. It's like nobody else in the planet except Carl is average 28% compounded since 1968. So I got a chance to meet with these people uncover really what's going on with them at what they all talk to me about what's
Starting point is 00:28:50 these because what they all said you know the probably the best of that was jack bogal you know started band guard now doing three trillion and jack said look to me if a person put some money in the market and they can compounded the average compounding over the long term in the market has been 8%. 10% last 30 years, but 8% last 28% on average.
Starting point is 00:29:10 He said, if you just left it in there, he said, what's interesting is, you know, the fees you're paying, you know, you think you're paying are 1%. So let's say you're compounding at 7%. He said, you're that $1. Every dollar you invest, everyone hear me on this, every dollar you invest At the end of 50 years of investing, that'd be worth $30. That's the power of compounding. One becomes 30. So if you had a million, it's 30 million. If you had a hundred thousand, you get the picture. And he said, the only problem is, he said, that's not what people met, which is what Dalbar showed. He said, he said, let's just pretend they're only paying two percent in fees when Forbes shows that the average fee for the average mutual
Starting point is 00:29:45 fund is 3.12%. You think it's 1%, but there's 17 other hidden fees in there that I document in the book that just blow your mind. You think you're paying nothing and you're paying all this money. And people here 1%, 3% what's the difference? You said Tony, when all of a sudden you take it down to 3%, your $1 doesn't become 30, it becomes 10. So 2-thirds of the money goes away
Starting point is 00:30:06 because of the fee structures. He said it's just completely insane. It's your money, you're taking the risk, you're putting it all up. And somebody else who's getting poor returns because these people don't match the market. Now, most every puts the money in mutual funds and 96% of all mutual funds over any and your period fail.
Starting point is 00:30:23 I repeat, fail the match the market. Right. If you played Blackjack and you're an idiot and you know you can't break 21 of you lose and you get two face cards where 20 and your inner idiot says I'm feeling lucky. You got an 8% chance of getting an ace. You got a 4% chance of getting the right mutual funds. I just couldn't make you money. So the bottom line is these fees destroy us. I'll give you one more example. I'll make it a simpler map.
Starting point is 00:30:51 If a person's 35 years old, let's say they've accumulated through a variety of elements of business real estate, whatever $100,000 man invested in the market. And again, they get the average 8% return at 65. If they have never had a dime in at 65 years old, at the normal fee structure, which is 3%, you end up with $432,000. And that sounds great. Now my 100 grand won't turn out 432,000.
Starting point is 00:31:15 That's pretty cool. But if you paid only 1% in fees or less, but 1% is 760,000. It's almost twice as much money. I mean, it's insane. We live in a world where the financial industry, they're not bad people. They're all doing what they're trained to do.
Starting point is 00:31:30 They're corporations, they're big corporations, and their job is to maximize shareholder value. Well, you're not a shareholder, you're a client. And the way they make money off clients is to have as many fees as possible. And quite frankly, they need to be hidden fees. Because if you really knew what's going on People read my book the first reaction most people get is angry
Starting point is 00:31:48 That's right. Then first they're shocked and they're angry then they go take control and they get it back I've had people turn around I mean look at look at people's where most people in America have their money not wealthy people But the average person has their money not in real estate not in a home most people have it in a 401k But the average 401k is bleeding someone dry. I brought in a company, I'm partners in the company, I'm a school of America's best 401k, but I found out that when I started looking through the fees that I could bring in a company, they evaluated the company, they showed me how to get all the same exact stocks available in my employees, but they literally wiped out two thirds of the fees.
Starting point is 00:32:24 So we put five million dollars in just one of my company's employees' pockets, and they all have the same product they have before. It's like, do you want to own a, you know, you want to have a Honda Accord and pay 30,000 for 40, which is like paying a million dollars for the same car. There are people living next door to each other that are paying three percent when you could be paying point to five percent for all the investment you have, for example, in your 401k. It's literally highway robbery, but because people don't understand what's going on, they're taking advantage of.
Starting point is 00:32:53 And so who gets rich, the broker gets rich, who gets, you know, who's looking at their bank balance going, why am I ever going to be financially free? The average person is getting screwed over. That's what I wrote this book to change. That's awesome, because I think we're're gonna look back in five, eight, maybe 10 years, we're gonna look back at this. This is the time your book being one of the catalysts to where the kind of traditional financial,
Starting point is 00:33:12 all the some of the new regulatory stuff, stuff like your book, the new product designs, it's a complete transformation of that industry. I don't think, I'm not even so sure the industry as it is now will exist in five or 10 years. I think it's, I'm just reading about Jamie diamond and some of the things that he's trying to do I'm a whole things gonna shift so I'm excited and I really I'm here to count airdose and Jamie your friends both for me America and you know runs that business
Starting point is 00:33:36 JPMorgan's financial but she manages two trillion with a tea and listening to them They know how antiquated the system is so I think think you're right, it's going to change. But I think it's going to be, no matter what you do, it's still going to take a while. And meanwhile, you don't want to wait and hope it changes. By the way, the proof of the industry the last 50 years is to look at how people retire. If people leave your seminar and 99% of them,
Starting point is 00:33:58 we went back five years later, there was no material change in their life than what you're doing doesn't work. And in the industry, if you look at the last 50 years and how people retire 85% of them dependent on their sole security check, we know what the industry's been doing doesn't work. And those are the reasons why it doesn't work. So it works for the industry.
Starting point is 00:34:16 It works for the industry. They're doing very well. They got the old phrase, where is the broker comes to mind and shows you as God, do you go where your customers Y'all Pretty good. Okay, I have to be respectful of your time So we're gonna cover a couple more things and I need to let you go So the I want to talk about people's lives now as it relates to we've talked about their money and
Starting point is 00:34:37 This is interesting, but in life where people are trying to do is really compound their life. And the fees of life, often time, the taxes of life are these limiting beliefs that people have, or their lack of identity, or what they associate pain and pleasure to. It's the fee that stops the compounding in people's lives. And so I know you, and what struck me lately is just how big your life is, how busy you are, and what you get done. You're probably the busiest person I've interacted with. And yet earlier you said complexity is the enemy of execution, which I completely agree with. And I'm just wondering, how do you, you're endurance, your capacity to do so much, even right now, the energy you bring to this. I'm curious, are you a, are
Starting point is 00:35:22 you a list maker? Are you a real structured guy? If take people through if you could just briefly what does your day look like if you could? I know no days typical, but do you start your day the same way finish it the same way? Just real quickly. What is it? What is a guy like you and there aren't that many who have all these things going on? And I think a single mother could be listening to this and I have a lot going on. I've got to raise my kids out of my job I've got my family, I've got sure. What about you know, how do I hold it all together? So what do you do and give them some insight?
Starting point is 00:35:51 I think the first thing it's got to start with is energy. If you don't have energy and if you don't build and strengthen and take care of condition, a high level of energy in your body, you're not going to comp a squat because you know, whether you just, you want passion in your relationship, you have two people totally love each other, but if they're exhausted all the time, you go, I got two jobs and five kids and how do I pull this off? The mindset is it's all the responsibilities are keeping
Starting point is 00:36:15 my energy down, but the reality is it's a habit. It's a habit of how you think because, you know, you can think of thought and have your energy go through the roof and you think of thought and take it through the floor. Now I do the physical things to support my body. I start every day with what I call my three to thrive or or my my priming exercise, which is I go outside and I do a form of meditation. It's the very first thing I do. I go hot water I go freezing ass water. I have a you know, all my homes unfortunate except one where I have a river than I use instead. I have cold plunges and so I I jump in and I go to 56 degrees and two seconds flat and I don't do it just to make the benefit to my body and transfer the lymph and the organs and all things that it does because the blood just flushes your
Starting point is 00:36:54 system so fast. But I also do it as a discipline. It's like, I don't feel like it, but I'm not there to negotiate with myself. I don't negotiate with my mind. That sucks energy away. When you're fighting with yourself Should I do it or not do it? It's just like it's done. This is like do I get up there and I do it and it's a discipline And when you do that in one area your life and you really discipline yourself It becomes easier to discipline yourself in other areas and my teacher Jim Rohn you're always say there's two pains in life There's the pain of discipline or is the pain of regret and I'm not into regret So I have those things to build my physical energy.
Starting point is 00:37:25 Then there's the psychological and emotional side. Like your goals affect you whatever they are. You know, if your goal is to just take care of yourself, you'll get a certain level of insight because you're part of life. Life supports all of life. But if you're trying to support your family, you know, when I suddenly had three children overnight and went on the way and I was 24 and had a 17 year old son because I'm married to a woman who's 13 years my senior and she'd been married twice, got gifts and both pieces. I mean, I had to grow pretty damn quickly. I got a different level of insight. When I want to change my community, when I, you know, corny's that sounds change the world, you get different insights.
Starting point is 00:37:58 I've learned things. I've come up with things that come because and there's an energy based on what is. When I decided I want to feed a billion people it made me Crazy that got me more excited than a plane or train or helicopter or I went or any other shit I've ever done it just for me that was my hot button is like okay this This is it this is the worthy of pona This is something to accomplish in your life that would be Extraordinary on top of the other things you're doing in your life
Starting point is 00:38:23 So your goals give you energy, your body gives you energy if you do things as a regular component. I start my mornings, I start to tell you and I do a little 12, 10, 12 minute exercise. I say 10, but I usually go longer and all I do is I do a explosive breathing pattern and an out breath of fire if you know the yogurt breath of fire. And I do that to just radically change my emotional state.
Starting point is 00:38:44 You know, it's like if you want to change your mind, change your breath. Breath is like, you know, the string on a kite. You change the breath, you pull on the string, and you'll change how the mind works. I do this quick little breathing exercise, and then I do 10 minutes roughly, three and a third minutes where I focus on three things I'm grateful for, and I really, I don't just think of it intellectually. Like, you know, you can think about the time you wrote the rollercoaster and you can think about it in a distance or you can remember looking in front of you going over the edge
Starting point is 00:39:11 of the rollercoaster. So I put myself over the edge where that gratitude is. I feel it and I take three things and I take one that's really simple. The wind on my face, my smile on one of my kids faces, something simple so that I'm making sure that I'm cherishing even the smallest things, not just the big things. Then maybe three in a third minutes of prayer and blessings where I ask that my body be healed, be strengthened, that the best of me becomes stronger every single moment, whether be my love or my gratitude or my drive or my hunger or my commitment to serve.
Starting point is 00:39:39 And then I take that energy and then I see it like a loop coming from me out to my children, my family, my clients, my businesses, my owners. And then I take that energy and then I see it like a loop coming from me out to my children my family and my clients my Businesses my owners and then and then the third last three three minutes and a third is me thinking of what I call three to thrive What are the three things that are most important that I really want to focus on accomplish? But I don't focus on accomplishing and I see them as done. I experience the victory of it I get my nervous system to kind of jump as if it's already done because I've found that if you get your brain to believe it, it happens. Are those short term things, are they things for that day?
Starting point is 00:40:12 Or they... Usually there are things for 90 days, six months or a year and I mix it up so I'm never bored. Tomorrow I might do the year, the next day I might do for the next 90 days, but they all support one another. And so that I'm done with this, I'm pumped because I'm full of gratitude. And the beauty of gratitude is corny as it sounds, is that when you're grateful, you're not angry.
Starting point is 00:40:31 And when you're grateful, you're not fearful. And fear and anger are what mess up, screw up. Most people's lives more than anything else. So when you make it a discipline where it's a habit and you're doing it every day, it's set you up. And then the last thing that's your question, no, I'm not into lists because there's no F and way. If I made a list of all I have to do, I've become believe screws. I have a system called RPM that I
Starting point is 00:40:53 created for myself. It's one 30 years ago, 25 years ago, I went to time management class and I was making these lists and I was always angry with myself because I can never get it all done. I was like, wait a second, I don't give a damn about the activity. I need to give a damn about the outcome. So what's the result I'm after? I need to be completely focused. When I meet with my teams and all my companies, all I do is I've come in and say, okay, tell me the outcomes of this meeting. What are the results we're after? What's the purpose of this meeting? Why do we want it? What are we after? Why do we want it? So
Starting point is 00:41:21 RPM, what's the result? What's the purpose? Because purpose is more powerful an object. You might say, I want to make a billion dollars. Well, that's nice. But what are you going to do with it? I'm going to buy home for my family. I'm going to, you know, create this island. I'm going to feed a billion people. The why gives you the energy? And then the, the M in RPM is massive action plans. So I make a map, massive action plan. I write down anything that I think get me to that target faster, quicker, better. And then I say, okay, 80% of this is not going to get done. What's the 20% that will get me 80% of the result? And I focus on that.
Starting point is 00:41:53 And then I find how to leverage things. I don't delegate. Delegation is, I say to you, okay, take this over. You're in charge of this. And then when it's time to have it delivered, I show up and you didn't do it and I'm mad. That's stupid. I leverage. Leverage is like, if I want to lift show up and you didn't do it and I'm mad. That's stupid. I leverage. Leverage is like if I want to lift the boulder I can do it with a lever.
Starting point is 00:42:09 You're my lever. So in order to make that work I got to stay connected with you. I got to get you to be clear. This is the outcome. This is why it's important to you and me and get by in. And then you can tell me what's the map. You can tell me what's the best way to get there. I need a couple of ideas but then you're free to find a better way to achieve it than
Starting point is 00:42:26 I would come up with. And that's why I think I've been a worldwide by company. So I come up with a set of outcomes for the day, and I know why I'm doing them, which give me the energy and juice. And then I've got a map of what I think it's going to take to get there. But I look through that map and I come up with new ways. Because otherwise, you're busy, you know, you mistake movement for achievement. You make mistake crossing off your to-do list, doing all the dishes. It's like,
Starting point is 00:42:48 you know, President Clinton called me one day and said, Tony, they're going to impeach me in the morning. What should I do? I'm like, you're called me sooner. I'm going to come home for you. And what the hell, right? And so I asked him, I said, you know, he says, what should I do? I said it's the wrong question. The first question is what do you want? Because you ask what to do that might be asked based on what do I do so I get out of this? What do I do? So I survive this? What do I do so that I can feel good about myself? Is your goal to have respect you know mom still respect you and kids be able to respect you? Is your goal to change society? Is your goal to be able to buy with something? Whatever your goal is
Starting point is 00:43:23 once you know your outcome and why you want it, you'll come up with a different action list. And he and I together came up with a different way of approaching things based on what he really wanted to achieve versus just what should I do. What you do, you might just do what's urgent. If you ask what should I do, or you might do what other people want you to do, as opposed to what's most important. So I have an actual system that I use for all my companies.
Starting point is 00:43:44 It's a visual system because the picture is worth a thousand words. And I can tell you a thousand words as you notice in a few moments here. That's awesome. But having a visual picture of my day really helps me. And so when things change, I go back to what's the outcome. I don't have to do with the actions all of them. What are the outcomes? There is a better way to, I can still get to that outcome. And I get to throw away the to-do list rather than have that thing, you know thing make me feel bad or think I gotta try and accomplish everything
Starting point is 00:44:08 on the Tudueless, which is not true. It's awesome, I just occurred to me, I don't want everybody to hear this, we're gonna wrap up here in just a couple of minutes, but I was just thinking through when you were talking, I don't say this to stroke you, you know that, so many of the things that I do in my life now unconsciously, I've learned from you.
Starting point is 00:44:24 And people ask me all the time, if there's different things I recommend they do. It's always, I find myself always recommending either the RPM method or to go to unleash the power within weekend or the best week of my life other than my children being born was date with destiny. And so I just encourage everybody. Tony's not a motivator, even though you're feeling motivated. And any more than I am, he has real tools, real strategies that impact people's lives, specifically yours. And so, sincerely, I mean that people.
Starting point is 00:44:55 I hope that you'll take an opportunity to give yourself the gift of getting some of this content information and a lot more specificity than we can do here in the few minutes. Three rapid questions to finish. Boom, boom, boom for you. When I play, I just had this happen again yesterday. I played golf with some guys who have listened to me speak and I bet this happens for you sometimes too, but some people can say the oddest things to you. And I often hear, once they're with me for an hour or two,
Starting point is 00:45:18 they go, oh, you're like human. You're not, you know what I mean? I bet you hear it 3,000 times more than me. You're not a robot, you know, and what I think they mean by that is like, oh, you have tons of faults and flaws and you make mistakes and you're not always on, you know, and I often think I wonder if sometimes I'm not conscious enough of making people know my vulnerabilities
Starting point is 00:45:41 and weaknesses as a person like anybody. In your case, I think people would love to know, do you get down? Do you doubt yourself? Do you go through periods of your depressed or bummed out or do you not let it last a long time? Does Tony Robbins experience the same fears and anxieties that I do?
Starting point is 00:46:00 Well, I think everybody has different homes, emotionally, right? So mine isn't fear and anxiety, but mine would be anger and frustration if I let it, right? So, because I have super high expectations, I'm on a mission, I'm driven like a crazy person, and so I used to get angry. All I had to do was have my phone nearby because, you know, when you got 1200 employees across 31 companies, and now it's almost eight different industries, what are chances somebody's faking up right now if that's not doing something i think they shouldn't
Starting point is 00:46:29 with that many moving parts it's like pretty much guarantee somebody's doing something right so i get all the good news and not so good news and so i'd be my phone manage my state but you know it's funny people ask that question i i'm one time when i actually learn to play golf or forty and uh... these guys came to teach me two guys. And my wife was telling me like, we went out and played golf for a couple of days and I was learning the game and enjoying it.
Starting point is 00:46:52 And my wife said, you know, Tony's going to be teaching date with Destiny in a couple of days and she said, you know, I've invited them and you know, they're like, oh, I'd like to go to seminar, but they didn't know what a seminar was. They're like, you have a seminar is what most people say to you have a seminar is a boring ass thing where you sit on your ass forever. Right. Nothing like what we do and she said no no no you don't understand you're gonna meet a different human when you meet Tony there and I'm like how are you talking about and I
Starting point is 00:47:12 never forget these guys came up to me like an hour into it and you know during a stretch break and I was like oh my god I do understand that that comment that you're talking about. But for me, I give myself a 90 second rule It's really simple. If I start to feel stress, you know, life is too short to suffer So my I made that decision a couple of years ago and I just said didn't matter how much money people had It doesn't matter how much joy they have how much love they have Doesn't matter how many great family members they have people people still find a way to suffer, right? Because there's no relationship between problems and happiness. You can have huge problems and be happy as you can possibly be.
Starting point is 00:47:50 I've had one of the roughest years in my life, physically the last year, from everything from mercury poisoning. She had a level that was the highest they measured in the United States. You know, on a year to five, I was 123. I said, how long's even in the hospital? I just got off stage report. It's nice. I've had you know sleep apnea We're going to get two hours a night sleep. I tore rotator cups at spinal stenosis. I mean I've had one of the roughest years and yet
Starting point is 00:48:13 That's unbelievable I mean while I while I travel to 15 countries and ran 31 companies And I honestly though more importantly I have the best year of my life in terms of enjoyment Because I've learned to discipline my disappointment. I learned to really put myself in a place that says, 90 seconds if I start to feel stressed, life is way too short to live in that state. And so I change my state by focusing on what I can control, what I can contribute, what I am grateful for. You know, you can flip from everybody suffers when they go to three words, loss less or never. If you think, oh my god,
Starting point is 00:48:44 because of something Ed did or I did or someone else did or didn't do, that they should have done. Now, I've lost money, time, energy, respect, anything you value, then you're going to suffer. If you think you're going to have less of it because of something you did or failed to do or someone else did, you're going to suffer. Or if you think that you'll never again have the love that you want, the money, you have the opportunity, you have the time you want. Any time you go to loss less, never you suffer and you can get out of that suffering unless the
Starting point is 00:49:10 90 seconds just by breathing in your heart is simplistic as that sounds. A change in breath once again changes the mind and the only reason you're stressed is because you have some thoughts and stressful thought you're believing in you're thinking it'll never be good again. You'll never get there. I'll never gonna achieve it. It's all bullshit. Because there's another opportunity around the corner always. So I focus immediately. I change my breaths.
Starting point is 00:49:30 I breathe slowly for two minutes. I focus on my heart and that heart energy. It's in post-acusic sound. Science shows that when you focus on your heart for two minutes, and you think about things you're grateful for, your brain waves and your heart waves, your EEG and your EKG, literally become aligned and you go in that flow state that everybody talks about.
Starting point is 00:49:48 So I do that and I focus on something to appreciate because it's too big a jump to go from pissed off to like, you know, excited. It's just like, oh, like that. I go from pissed off to, what can I appreciate? What am I missing right now? What can I be grateful for? And I mean, I get a match date. Now I can start to go to enjoy that. And my goal is really simple. You know, you know, I'm not a billionaire yet,
Starting point is 00:50:08 but I'm close and, you know, I'm on target for hitting those numbers. And that's just a fun thing. It wasn't even a target for me with never buying gold, but now it's kind of a fun thing. Because I have big goals of where I want to donate when I want to do. It's going to be $1 billion to do that. I'm on the verge of it. I'm moving the right direction. But when I thought it's much more rare than a billionaire, if somebody is happy every F&D, whether it goes well or not, I mean, that's rare. I got an interview to all these 50 billionaires, some of them, you know, the guys like Ray Dalio
Starting point is 00:50:32 and Carl Iconi become good friends of mine. And, you know, the number of these types of people that really have a beautiful happy life, you know, some guys I've mentioned have managed to really enjoy their life. But the majority of them I would say the answer is no. Yep. And so, and that's not because they have money and don't have money, money just makes you more of who you are.
Starting point is 00:50:48 If you're mean, you got more to be mean with. If you're loving and giving, you have more to give with. But what it really does is it just challenges us to say, it doesn't matter what you get in life, you're only going to make you happy. Is if you put the bed this 2 million year old brain that we all have, that's always looking for what's wrong, to survive, and you bring back your unconsciousness, you develop a simple habit of breaking the pattern in 90 seconds, do that,
Starting point is 00:51:10 and you'll have a level of joy that's amazing because love enjoys all around us. That's awesome. No, and so down that road, two questions, you just 90% answered it, but I just, I want people to hear this from you and then we'll put a bow on it. I'm so grateful, by the way, for this.
Starting point is 00:51:23 Oh, thanks for having me on it, I enjoy it. You just do it. You just, I do too, brother. You just answered this, but like you just to finish it. I ultimately, people that listen to this, that are involved with almost anything that you do, whether they want more money or they want their life to compound, this won't be happier.
Starting point is 00:51:40 What do, and you just answered how to change that state, but what do that, you've been all over the world and all these countries, millions of people have been to your stuff. You've met millions of people, you've met some of the most influential people in the world and you are wonderful to everybody. What do the most happy people fulfilled people have in common in your opinion? What's their common trait? I think there's zero question that the happiest people in the world is two things they do. They have decided, I'll give you an interesting metaphor. If you ask me,
Starting point is 00:52:10 what are the things that I found in common amongst the greatest investors in the world? Because many of them are really different macro traders. Some guys, they take over companies, I can give you 20 different ways they make it. But they all have in common, for example, as they're obsessed with not losing money. Well, people that are happier obsess with being happy no matter what, or more important to happy, usually having a meaningful life. Because not everything is happy, it's bullshit. But meaning, you can find meaning in anything. You can find a reason for life being valuable.
Starting point is 00:52:36 Sometimes being in pain is a meaningful thing, because it makes you find an answer that can help not only you, but help other people as well. So I think the most happy people have decided to be happy, but also they're focused on finding meaning and empowering meaning and income. They figure out how to use life, not to use by life. I mean, if you, if you know, if I asked you, who, you know, what's the number one, the number one rated desire when they ask people in North America, what do you want? What's the number one goal they'd like to achieve when I ask them if you could have anything,
Starting point is 00:53:07 what would you want? The number one answer is to win the lottery. And if you ask people what's the worst thing that could ever happen to you, then I'll see what's the best thing they'll go win the lottery. What's the worst thing? The number one answer, by far, is to become a quadruplegic. Now, here's what's interesting. They did a five-year study on those two groups of people. People that won the lottery versus people that became a
Starting point is 00:53:28 quadruplegic overnight. And the question is, who do you think is happier five years later? It sounds like a setup, right? Most people, okay, well, it doesn't make sense, but you've got to be kidding me, it must be the people there that are, you know, got a quadruplegic. No, but it's also not true that the person's any happier than a hundred million dollars that they want from the lottery, but they found is we have a psychological set point and people get back to that same set point. God, this isn't that amazing. People that are unhappy, it doesn't matter how many billions of dollars, how many people love them, they'll still be unhappy. People that are happy and everything goes the wrong and still God
Starting point is 00:54:03 is with them as you described earlier in this conversation with your friend. So it's like making the decision to no longer suffer, developing the habit of saying, I'm gonna catch it within 90 seconds. And when I first started doing it, it should have been the 90 hour rule, or 90 minute rule.
Starting point is 00:54:19 But you know, I really, it's like a month old, the more you do it, the better it gets. And I can really authentically say, 90 minutes of the time, there's exceptions when something might cook me a little bit more and have to be Harder work, but 99% of the time I can get out of it now and that certainly wasn't true before and it's finding the empowering meeting And it's also just having a mission beyond yourself as long as everything's about you You're gonna suffer because I hear mothers for example say well, I'm so stressed about my children Because they're not doing well in school and I say, let's be honest, you're really stressed not
Starting point is 00:54:46 about your children. You're stressed because you feel you failed them. Because if you were just concerned about your children, you'd be working on the solution, but instead you're stressing out inside, did you feel like you failed them? And in that state, a feeling like a failure, your energy drops and as your energy drops, you're not going to come up with an answer. And then it just becomes a self-fulfilling prophecy with more worry, more pain, more problems. Break out. Break out by finding something you'd be grateful for. Break out by stop focusing on yourself, focusing on those you want to serve.
Starting point is 00:55:12 That's secret. Find something you care about more than yourself, something you want to serve, more than yourself, a mission, a family member, you know, a business, something, and you want to worry about having a drive, and a hunger, or any enjoyment in your life. It'll pretty much set you up for fulfillment as long as you break the pattern of those negative thoughts Everybody has part of the mind. It's two million years old But you can break it with some new habits if you're conscious of it that study blows my mind between the paraplegic Then a lot of my mind is still can't get over that. Okay. We're gonna finish right here But I don't want to finish by asking you how do you want to be remembered your 57 years old It's a little premature for that
Starting point is 00:55:47 And you you but you did mention earlier just a little insight for everybody if you don't mind sharing this would be personal But you're 57 and over the next decade could you share with us because you're so outcome driven You mentioned about becoming a billionaire and I know the reason you want to do this because it gives increase your capacity to give I know the reason you want to do this because it increased your capacity to give. I know that about you. But can you share with us what a couple of your outcomes are for the next decade of your life? Just how does Tony Robbins think? What are what are a couple of the things he's focused on? My number one is feed a billion people. I'm a third the way they are already right now. So I'll get that done in seven years. My number two is I'm currently
Starting point is 00:56:22 providing 150,000 people a day with fresh water in India because children there die of waterborne disease and it's the easiest solution in the world to create. So I want to get that to a million people a day. I right now I'm helping you provide right now the internet provides unlimited resources to humans but if you can't read right and do fundamental arithmetic, it's worthless and we do not have enough teachers for the 250 million children in the world who are illiterate and the one out of seven adults that are illiterate. So I partnered with Elon Musk and I partnered with the X Prize, my friend Peter D. Mondis, and created a $15 million prize. I put up a million of it myself. And what we have right now is we have a whole group of people that all around the
Starting point is 00:57:02 world that are competing and producing software that works on an iPad device and it'll teach a child that we're testing it over the next six months. The team that wins, we get to, they win 15 million but it's open source. So then anyone can use this so we can educate people all around the world. I'm a partner in in in crime, so to speak and breaking crime, so to speak, with a group that's called Underground Railroad. And I can't say where because I just got back from one of them, but I just went to a third rule country where what this group does is they're made up of past CIA, FBI, and special forces guys.
Starting point is 00:57:36 Just, God, incredible men's men, strong, smart, strategic. And what they do is they go out and they set up and capture these guys that have children and boys and girls that are locked up in sexual slavery and so we just we just read 32 kids and locked up 16 perpetrators the other day and I was undercover literally with makeup as I don't even blow back for my family. I've moved me makeup the whole thing and I'm helped to make this thing happen. So I provide the money for it. I provide also resources and I participate in it. But I'm going to free now 350 girls and boys and I want to free 2000 as my next target to give you an idea. So I have, most of my goals are really related to philanthropy at this stage of my life and I just want
Starting point is 00:58:21 to continue to get better. I want to take care of my body and get stronger. I just got back from Panama City, Panama where I did stem cell. I know. I got to tell you, I'm talking about cord stem cells, not fetal tissue obviously. I'd never do that, but your stem cells in mine are you know a little bit older. You go down there and you get a 10 day old stem cells and I have had pain in my back for the last year. At a level I can't even tell you and I get on stage for 50 hours. I got it the third day of these stem cells for 20 minutes each and I got up and walked perfectly and it's been seven days and I don't have an ounce of pain. I don't know it's going to long, it's going to last but it's amazing. So I'm going to continue. I'm investing in with the number one guy Bob Harrari in the stem cell area I'm investing.
Starting point is 00:59:02 Now technology, I'm invested in the now technology I'm invested in, the technologies that can literally change the quality of life for people all over the earth. I don't want to help make those things so they're cost effective because right now they're not. But they will become that and they're going to change your life. The next 10 to 15 years of our lives without exaggeration, without hyperbole, are going to bring things to our lives that will look like what you would consider magic today. The transformations of our bodies, the transformations of the economy, the transformations of how we
Starting point is 00:59:28 work and what we do are all coming and I want to stand a cutting edge of all that. So that's a little taste of it. That's wonderful. I hope people paid attention to that. I've never had somebody answer that question so reflexively and specifically in my life. Just boom, it's right on the tip of your tongue and your subconscious. So Tony, this was, I don't even know what to tell you. I mean, I succeeded. We're supposed to treat our expectations. How do you say that? Yeah, your expectations for appreciation. That's when your life changes in that moment,
Starting point is 00:59:58 right? So we're expecting things and we're disappointed, but if we instead just appreciate what we have, it's amazing the momentum of energy you get from that. And then there's more of you to give, more of you to receive, more to enjoy in this life. So that's why I always add more value, give more than anybody expects to receive. That's the target. I think I have the key to business, the key to life. Unbelievable. This exceeded my expectations and I'm appreciative beyond words as are the people listening
Starting point is 01:00:20 of this. So I love you, brother. Thank you so much for taking this much time. I know we've got a way over and I'll talk with you soon but God bless. Thanks so much, Tony. Thank you, brother. I'll see you up there.
Starting point is 01:00:31 Probably a guy who's gonna take care of that. Okay, all right, take care. Bye-bye. Bye. And my lid is one of the top business leaders and peak performance experts in the world today. Leading and coaching the elite in business, sports, and politics.
Starting point is 01:00:45 You're next. you

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