The Jordan Harbinger Show - 1095: Ali Abdaal | The Hidden Economics of Creative Success Part One
Episode Date: December 24, 2024Feel-Good Productivity author Ali Abdaal breaks down the real keys to sustainable success and authentic relationship building! [Part 1 of 2] What We Discuss with Ali Abdaal: High performers... commonly experience imposter syndrome, but awareness that it's universal and building genuine professional competency helps manage these feelings over time. Relationships and "winning work" often matter more than technical skill. When starting a business, keep your day job until your time becomes the actual bottleneck — don't "burn the ships" prematurely as this creates unnecessary pressure and can lead to poor decisions. Help others without attachment to getting anything in return, but do it in a scalable way (like making introductions) — even if 99 percent never reciprocate, the 1 percent who do can create outsized opportunities. We share powerful insights about following genuine curiosity versus chasing metrics, and balancing passion with practicality — with more valuable perspectives on financial freedom, happiness, and building a sustainable career coming in part two later this week. And much more... Full show notes and resources can be found here: jordanharbinger.com/1095 And if you're still game to support us, please leave a review here — even one sentence helps! Consider including your Twitter handle so we can thank you personally! This Episode Is Brought To You By Our Fine Sponsors: jordanharbinger.com/deals Sign up for Six-Minute Networking — our free networking and relationship development mini course — at jordanharbinger.com/course! Subscribe to our once-a-week Wee Bit Wiser newsletter today and start filling your Wednesdays with wisdom! Do you even Reddit, bro? Join us at r/JordanHarbinger!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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This episode is sponsored in part by Conspiruality Podcast.
You know how I'm always talking about critical thinking and spotting manipulation?
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Find Conspiruality on Apple Podcasts, Spotify, and wherever you get your podcasts.
Welcome to the show.
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Today, actually another interview with me from my friend Ali Abdal.
This was quite involved.
A lot of you.
I wasn't originally going to air this in the feed because I didn't even think about it, but a bunch
of you saw this on YouTube and then said, hey, this is so good.
How can we don't share this on your own podcast?
So here we are.
We talk about imposter syndrome, building relationships, financial freedom and values,
prioritizing happiness, balancing career and family, the role of money and parenting,
and really prioritizing things like experiences and children.
It's really kind of a lifestyle-ish episode.
It goes into a bit more of my values and, of course, Ali sharing his values as well on this topic.
So I thought, look, all of you who wrote in said you really enjoyed it,
so I thought it would put it in the feed, and I hope you all enjoyed it as well.
Now, here we go with me and Ali Abdal.
Who was Dave? And how did Dave have an impact on your life?
Oh, Dave, yeah. So Dave was a partner in my old law firm. So I used to be an attorney,
just like you used to be a doctor. Good thing we did all that schooling, huh? That was nice.
Those student lows are fun. And I was at one point just like fumbling through figuring that they
were going to fire me at any point working at this law firm because I had imposter syndrome.
But back then, I didn't know what that was, right? I didn't think that everybody thought
they were going to get found out as a fraud and fired from every first job that they had or every school
they went to. And it turns out that's something that high performers deal with all the time. And I'm
not saying I was a high performer. In fact, I really thought I was at the bottom of the barrel,
barely got into law school, was not in the, you know those bars on websites that show like,
this is what our average scores are. I was like the bottom of that or below that. Right. So that's not a
great way to start law school or medical school. You just go, oh, I'm like below the average person
that gets in here. Not a good feeling. So when I got to the law firm after graduating law school,
Dave was never in the office and I thought, okay, if I also figure out how to never be in the office,
they won't find out that I am secretly a moron and fire me. I can work from home and it'll take
them longer to find out that I'm a total fraud and shouldn't have ever been hired in the first place,
by which time I may have figured out how to do this job and be useful enough that they won't fire me.
it still sort of makes sense when I put it like that.
Yeah, I hope.
So Dave was also supposed to be my mentor,
which is basically at that point,
a checkbox on a forum that human resources makes them sign.
So other people's mentors were like,
let's go out for drinks once a week and talk about your career.
And again, Dave is never in the office.
So HR is like, how is your mentorship going?
And I'm like, I don't even, I've never seen the guy.
I saw him one time.
And so I think they made him come into the office,
which he loved, by the way.
and take me to coffee at Starbucks in the basement of our building.
Meanwhile, like I said, other people are going out for drinks.
They're going to the steakhouse.
They're going to see Blue Man Group.
Like they have a real relationship with their so-called mentor, and I don't.
And Dave's like, ask me anything you want.
And he's typing away on his BlackBerry.
Like, sure, ask me anything, kid.
And I'm like, how come you're never in the office, but people say that you're one of the highest
paid partners?
And he's like, wait, people are saying I'm never in the office.
So now I'm like, cool.
I'm definitely getting fired now because I stepped in it at a Starbucks in the basement of this office building.
Well, he wasn't thrilled with that, but he didn't shoot the messenger.
And he told me, well, I'm usually out generating business for this law firm.
Being in the office is a waste of my time.
Billing hours is kind of a waste of my time.
Yes, I need to do it, but I just oversee projects.
So I was like, are you working from home?
He's like, yes and no.
My job is to go play racquetball or squash with clients that, or people that might become clients,
cycle with those people, do jiu-jitsu with those people, play golf with those people,
go on fancy dinners with those people.
And he's like, then I bring in business and he goes, candidly, if I billed 2,000 hours a year,
which is a ton, that's not every hour you work.
That's just like billable hours to clients.
You're working 4,000 hours to get that done, which is a ton.
You get a bonus of, I can't remember, it was like X percent.
If you bring in a new client, you get a percentage of the total billing.
And it might only be 5%, but what if you bring in a $2 million client?
So you bring in a couple of those, or $10 million client or $20 million.
So you bring in a couple of those, your compensation is massive.
So he was just focused on that.
And a lot of the guys that were like workhorse lawyers who would keep their heads down all the time,
they made bonus and they were in the office on Sundays.
And Dave was never in the office.
And he made more money than those guys.
So I was like, whoa, I've accidentally stumbled onto the cheat code.
And I thought, why doesn't every lawyer do this?
And I started asking the other partners, and they were like, man, you know, some people are
relationship people and other people aren't.
And I thought, that's definitely not really true.
They just didn't want to do it because it was kind of scary or they weren't that great
socially or they found that keeping their head down and being a workhorse was easier.
But I think that's because overachievers who go to law school,
are naturally disciplined, heads-down kind of people.
So if you get out of that situation
and you can be a salesman also,
you just have disproportionate rewards.
But if you just stay in your habit of grinding all the time,
you end up a workforce layer.
Nothing wrong with that.
However, in 2008, when the economic downturn hits,
everybody gets forced out of this firm.
The firm closes, 140-year-old law firm, closes.
Dave goes to another law firm because he's got all the clients.
He's got a whole book of business.
They hire him right away.
maybe the dude even got a raise. The other workhorse lawyers, nobody really wants those guys.
There's no work anymore in real estate finance at that point in time. They worked for a firm
that's no longer around. Every other partner views them as competition because they essentially are,
except for Dave who brings in more business. So I thought, okay, not only is this true inside
the legal realm, this relationship thing is like an insurance policy. So I tripled down on that right away.
This reminds me of something I've been hearing a lot recently around entrepreneurship in that having a job is where you're being trained to do the work.
But being an entrepreneur, really the value add is in winning the work.
This sort of distinction between winning the work and doing the work up until a few weeks ago, I hadn't quite had it clear in my head that those are two very different things that require two very different skill sets.
And really school and the education system and everything trains us to do the work.
Whereas really the value is added in these like law partners.
and consulting partners in actually winning the work.
How do you bring in new business?
I agree with that 100%.
I mean, you and I are in a slightly different kind of field, right?
Because we're creating things.
So you can probably stretch you to that if you think about it.
But a lot of CEO type people are great at making decisions
and they're managing people and they have great ideas.
We have to kind of do some of that.
But also, I can never, at least me, I can never run my business.
I can't automate myself or do it because I'm having conversations.
It's a podcast.
You can't automate like this part of your business.
It's not possible yet.
And so I do agree though.
I think school clearly has failed most of us in that way,
especially in the United States.
I don't know if you know this,
but school in the United States is generally,
it was designed for like an agricultural revolution back in the day.
And now it's industrial revolution where it's like the bell rings.
It's sort of factory assembly line.
Everybody do the same thing.
lowest common denominator is where the work line is.
So if you're intelligent and you're in a public school or a regular school in the United
States, it's very hard for teachers to serve you because they have to catch everyone.
And that is a terrible way to create innovative thinkers, for example.
Yeah.
It was broadly the same in medical school as well.
Like I went to a fancy medical school.
And even then, most of my friends and me, we taught ourselves using the internet because even
in the university system, the people who lecture, they're not lecturers because they're good at
lecturing. They're lecturers because they have good research output. And lecturing is their side hustle
that they happen to have to do to tick a box and keep the paycheck for research coming in because
really they care about the research. Whereas the dude on YouTube who just freaking loves making
YouTube videos about physiology, wow, how incredibly useful is that, whether or not they've got like
a research background? That is definitely the same in the United States. You'll get somebody who,
I remember taking a math class. I'm not going to math. I'm never going to be good at math. I'm never going to be
good at math and I don't care, but thank God now. But in college, I took calculus. And the person who
taught calculus was a German guy with a really strong accent. Nobody knew what was going on. There were
kids that were so good at it, they could just do these crazy math problems in their head, and they were
like, this is so stupid and easy. Then there were people like me who are like, I don't get it. And you'd
go talk to that teacher, and he would just be like, it's so hard for me to explain this. I'm like,
it's literally your job to explain this, man. I'm like, try to.
I had in German because I had spent an exchange year in Germany. So I'm having this guy tell me in
German and he's like, oh, I'm so glad I can tell you this in German. And I'm thinking,
holy crap, the requirement to understand the teacher is knowledge of a foreign language.
This is the University of Michigan, man. I should be able to take this class and understand it.
And he's like, he was very candid because he was German. He's like, look, I'm here because
I'm doing research with this well-known professor. They're making me do this. It sucks.
And I thought, really glad I'm paying $40,000 a year to learn from somebody who resents the fact
that they even have to teach.
Okay, so final tangent, before we go back to the law story, you mentioned every high performer
goes, I like suffers from imposter syndrome.
Yeah.
Can you elaborate on that?
Yeah, I can.
So imposter syndrome is essentially thinking, I'm a fraud, everybody else is better than me
who's around me at this particular time.
So low performers or average people, like if you talk about this concept at a high school,
they won't know what you are talking about because teenagers are young and they haven't really
hit this yet.
And also it's just a high school.
So they're like, whatever, I don't have this problem.
When you go to a place like Harvard or Apple or an Ivy League school or an advanced law school
or a medical school, when they do sort of hand-raised polls, how many of you think, I don't belong here?
Maybe it's only a matter of time until somebody finds me out.
You'll see like 95% of the hands go up.
How can that be true?
How can 95% of these people think there was a mistake made in the admission of this person?
And it's because a lot of high performers, they're grinding really hard.
they feel people breathing on their heels right behind them at all times.
They've always been that way.
That's why they have excelled.
That's why they were the valedictorian of their high school, right?
They just felt, someone's right behind me.
The truth is maybe there was one person right behind them,
and everybody else was not paying attention or was way behind them
and couldn't even see them at that point.
But these people always feel a fire lit under their butt.
So when they all get into one room, they're like, oh, crap,
everybody is intelligent and hardworking.
I'm not special anymore.
And that heat is hot.
That's hot.
That is really hot.
So then you're looking around and you're like,
oh, I thought I was kind of hot-ish
because I was valedictorian and president of this
and the chess club and on the football.
Then you get there and someone's like,
I was all that and I speak five languages.
And my dad was a diplomat.
And I spent years in various countries.
And I also founded this organization.
And you're just like, oh, crap, I'm a big fat nobody.
So you have that imposter syndrome.
And of course, that guy who grew up all around the world
speaking five languages and yada yada,
somebody else next to him,
they're a child star from a television show.
So they're like, oh, look at them.
They were on full house, you know, or whatever.
So everyone feels that weird sense of lacking.
And it's unhealthy,
because what it does is it can cause some people to check out
and put so much pressure on themselves
that they become depressed.
The problem is you don't really outgrow it.
Let's see you feel that in medical school.
Well, when you get to the hospital, then what?
Oh, that doctor has a decade of experience.
This person's been here longer.
Wow, this person has so many other advantages over me.
I don't know much about the medical industry, but in launch, just like that too, you feel like,
oh, finally I got through law school.
You get hired at a firm that takes the top 10% of law schools, great.
Now I'm at the bottom again, right?
So it's just never ending.
And you end up feeling that imposter syndrome for years and years and years and years.
It's just you're basically your own worst critic.
Yeah.
What do you do about it?
Yeah, what do you do about it?
The first step is always awareness, right?
Okay, everybody feels this way, and if they say they don't,
there's a really statistically good chance that they're lying about that.
And if you drink enough whiskey with enough lawyers,
you'll find out that everybody kind of thought,
holy crap, I didn't even think I was going to pass the bar exam.
How did I get hired here, right?
It's only a matter of time.
And everyone has that.
So when you realize that that's a universal feeling,
it makes it a hell of a lot easier.
And as you gain experience and you realize that everybody is winging it,
and you start to specialize in your area,
it starts to go away gradually
as you build professional competency
in whatever you are doing.
I wouldn't say it goes away entirely
for a lot of people.
I mean, I'm 44.
That ship sailed a long time ago for me.
However, I've been in podcasting for 17 years.
A lot of people, it's new, right?
And they'll go, oh, I'm never going to be able to do this.
And I'm like, I remember thinking that exact same thing.
So as you build real skills
and you get actual real life feedback on something,
you realize you're not faking it, right?
If you're a doctor for a decade and people are like, you save my son's life,
eventually you start to think, maybe I do know what I'm doing.
I did take out that kidney and that person survived.
You know, there's a lot of objective feedback that says you're doing it right.
But it takes a long time.
It does.
Yeah, like I've been doing YouTube now for seven years and teaching for way longer than that.
And still, you know, as you were saying that, I was thinking,
I still often have that feeling, even in the world of YouTube where my channel is fairly big
in the personal development world.
Yeah, it's massive.
Yeah.
But it's like, oh, damn, these new kids, that 21-year-old living in New York,
oh, the vlog style is just so good.
Oh, man, right on my heels.
And it's like, I don't consciously think that, but it's still that same feeling of like,
oh, shit, there's some sort of race here.
And I've got to keep on grinding to stay even vaguely in the running.
Because who knows, like, whenever, you know, the algorithm or whatever,
or like people might just realize that I don't, I actually don't know what I'm talking about.
And they might realize that, shit, after seven years and 800 videos,
that's when he's run out of things to talk about.
Right.
He's done. He's cooked. That comparison is also that sort of pure fuel on the fire for imposter
syndrome. The comparison thing off almost never ends. However, once you start gaining professional
competency in something, you start comparing yourself a little bit more fairly, unless, of course,
this has just gone wild in your head, in which case it's helpful to like literally talk to a therapist.
But the comparison is so much easier now, especially when there are metrics like you can look at
someone's engagement or YouTube subscribers, and you can go objectively that person's doing better
than me in that particular area. But you don't really know what's going on in their life.
I do this with podcasts. I still do it with podcasting. I'll go, man, how does that person have
so many reviews? Maybe I'm not getting it. Oh, does that mean my engagement is lower? How is that
person's engagement so high? Let me figure out what they're doing. And sometimes they're doing something
really cool and innovative, like asking for reviews in a certain way or their social media is really
taking off. But other times, and I always have to remember this lesson, you know those guys that
DM you and they're like, do you want new subscribers for your whatever? What I started doing is I started
saying, can you show me proof of results? And what some of these brilliant individuals will do
is send you screenshots of them talking with another popular podcaster. And they're like,
look, I've worked with this guy for years. And I'm like, so what you're telling me is, this popular
show is buying downloads from you, a dude in Bangladesh who runs a click.
farm. And I'm like, oh, I spent a lot of time feeling pretty bad about how I was doing a comparison
to that person and they are cheating. Not everybody who's doing better than he was cheating, but some
people are. And it's important to sort of remember, I've seen plenty of people who aren't cheating
and they're doing really well with something. And again, you meet that person in real life,
you put a couple of whiskeys in them and they have a chat and you realize, oh, they're a complete
workaholic, I would not want their life. This is not just cope. There's something I've learned
from, I think Ryan Holiday, and I should really pinpoint where I pick this up. If you want to
trade something about your life with someone else, you really kind of have to trade your whole
life with that person. You can't just be like, I want to be as successful as Tom Brady in this area
and as successful as Barack Obama in that area, and as successful as LeBron James in this area.
That's ridiculous because nobody is all those people put together,
even the people that you just mentioned who are world class.
Why are you doing this to yourself?
So if you are willing to trade one area of your life,
look at this guy.
He's got 15 million subscribers,
and I only have 5.6 or whatever it was this morning when I checked your channel.
You have to be willing to trade your life.
Say goodbye to your beautiful fiancé, can't have that.
You've got to be this guy over here who all they do is live, eat, and breathe YouTube.
Is that what you want for yourself?
Probably not.
This person still grinds hardcore like it's day one.
Why?
They're miserable.
Secretly or not secretly?
Do you want that person's life?
Because if you do, you'll get those 15 million subscribers, but at the cost of your sanity
and the fact that you have work-life balance.
There's a reason people achieve certain things, and it's because they have their whole
life is geared towards those things.
You've interviewed a lot of high-performer type people in your podcast.
Have you found many examples of...
Because I guess when someone's being interviewed on a podcast, usually it's once they're already successful.
Yeah.
And they'll say work-life balance is the most important thing and blah, blah, blah, blah, blah.
Yeah.
But usually, like, when I interview them, I find that, like, okay, well, there was a huge period of grind at the start and maybe they were very imbalanced in their 20-year or whatever the thing might be.
Is that broadly the pattern you found as well?
It is.
So you find varying levels of delusion and or self-awareness among these people.
I don't mean all successful people are delusional.
Hear me out here.
The person who says you need work-life balance, to your point, often had absolutely no work-life balance
whatsoever through their 20s and likely their 30s. And the cold truth is, if you look at statistics,
I think Scott Galloway, who you may or may not know, he goes through this. I think he's the one
who told me this. You should not seek work-life balance in your 20s and probably your 30s if you
want to be financially successful and at the top of your game in your 40s and 50s. It's just not
realistic. There's nothing wrong with seeking work-life balance in those early years. That's great.
Live a good lifestyle. You will not have the same career results as the person who worked 60, 80-hour
work weeks at the law firm. That person will become a partner. You will either be transitioned out
or you'll hate it enough to where you transition yourself out. There's nothing wrong with that,
but it is a choice. It's delusional to think for most industries. Again, if you're an entrepreneur,
maybe it's literally impossible. If you're a Wall Street or a surgeon, maybe it's impossible
For most careers, there may be a varying degree of what you can get away with and do.
But for a lot of high-performing careers, no, you're not going to have work-life balance in your 20s and 30s.
You're just going to grind really hard, sacrifice a lot, maybe go out on the weekends sometimes, but maybe not.
And then you are going to be wildly successful in your 40s and 50s because of what you put in early in the game.
Another sort of trope that I hear a lot that I think is nonsense, as people will say follow your passion.
none of those successful people, barring maybe a few artists and creators, have followed their passion.
Again, Scott Galloway, I think, is one who said, the person who told you to follow your passion
made billions of dollars in iron smelting. And that could not be more accurate. I hear these guys
say follow your passion, and I don't think they are lying. I think they think that's what happened.
I don't want to throw anyone under the bus. I've heard billionaires say, follow your passion.
That's a great commencement speech. They didn't do that. Or,
their passion was sleeping on a floor while they started a clothing company. Was that all passion?
It's debatable. It's debatable, whether that's all passion. They made billions of dollars in clothing,
or they made billions of dollars in a tech thing, and then in investing. Maybe they were passionate
about that. You have to ask yourself if you are passionate about that. The answer is usually no.
Yeah, I've been, over the weekend, I went on a binge of podcast that Scott Galloway's been on,
and I think I'd heard his name, but I hadn't really heard any of his stuff until like two days ago.
And then it turns out he lives in London, so I want to get him on the pod at some point.
Yeah, yeah. I'm curious about this follow passion point. One thing that, for example, the philosopher
Alan Watts would say is when kids ask him, what should I do with my career and stuff, he asked the
question, well, what would you like to do if money were no object? And then wait for their answer and then
says, okay, well, so go and do that thing. The thing that you would do if you weren't being paid for it,
or if you had a hundred million in the bank, may be the thing that you want to do with your career
as well, which sort of overlaps with the advice of follow your passion to an extent. I wonder what's your
take a month. Yeah, so I'm completely okay with that. Here's the kind of cold truth, according to me,
so take it or leave it. You can follow your passion and you will probably be happier than somebody
who just gets a lucrative career. You probably will. But you can't expect to follow your passion
and also have a lucrative career. Not impossible. I certainly followed mine into podcasting and
creating audio and it's a very lucrative career. I am really freaking lucky that that worked out.
I was early to market in podcasting.
It's been 17 years, like I said.
This is how early I was.
When I was interviewing authors and deconstructing, like, high performers and talking
about that stuff with Tim Ferriss, he hadn't written his books yet.
And no one was interviewing successful people and talking about what they did.
That was a novel concept.
Now, if you say I'm starting a podcast and I'm going to talk to successful people and
break down what they do, people are like, oh, really?
Cool, we need another one of those, right?
It's just, like, ridiculous at this point.
My shows evolved over time, obviously, but it was novel back then.
That's how early in the game this was.
And I expected to take a massive pay cut from being a lawyer.
I was a Wall Street finance attorney.
That was one of the best sort of banky jobs that you could get.
I remember the conversation with myself saying,
am I comfortable making like 30% maybe, if I'm lucky,
of what I was making on Wall Street and just loving what I do?
And then I had to budget and see if I could afford it
and talk to my parents and see what that was like.
And they were like, you can still live a decent-ish lifestyle.
If your wife has a good job as well, and blah, blah, blah.
Now, of course, I make in two weeks what I thought I was going to make in a year.
But that's largely due to luck and timing.
And that's not a strategy that anybody should seek to replicate.
Yeah.
Yeah, I like that way thinking about it.
I often also arrive at this crossroads between essentially money and passion, where, you know,
for example, this podcast is no longer a podcast that we're taking that seriously from a monetization
perspective because I decided, well, you know, I started off being one of those podcasts that was
trying to deconstruct successful people, et cetera, et cetera. I then sort of, as the podcast grew,
we sort of over-optimized it. So we'd have batch filming days and we'd get people in and
authors would be promoting it. It turns your hobby into a job. Yeah. Exactly. And it was like,
the sponsor revenue is going up and stuff. And I'm like, why am I doing this again? And then a few months
ago, I came to the realization that when it comes to certain areas of my life, including the podcast,
I'm actually totally comfortable with leaving money on the table in return for following my curiosity,
i.e, you're in town. And so let's just do a pot in the middle of the day. Got another friend
who's in town from Miami this evening. So we're going to do a pod and just have some dinner.
And maybe the conversation's too niche for it to go viral or whatever. But I don't really care
because it's just a cool conversation that I would have wanted to have anyway. I appreciate that.
And too, I agree with that. Turning is funny, because in my notes to talk with you about I had
turning your hobby into a job, I almost always think that is a mistake. Because, and again, with
podcasting, I happen to be really, really interested in it and love the conversational element.
You can tell there are a lot of podcasters that really, they're not that curious. They just want
a lucrative business, and they are really good at social media or something like that. That's fine.
That works for them, but it's definitely work, and you can tell. For me, it doesn't feel like work,
which is so fortunate and lucky,
but I don't, again, I do not think that's a strategy
most people can replicate.
I think a lot of people rush to turn their hobby
into a job and they ruin it.
They ruin it.
If you love painting,
the last thing you should do
is try to make a living being a painter.
Sell your paintings, all you want.
Once you quit your day job and you have to paint
and they have to sell and you have to market them,
you're going to enjoy 10% of that job.
There's a lot of bad advice out there.
Again, I won't throw anyone under the bus, but you see these influencer guys being like,
go all in, quit your day job and then you have, you know, burn the ships,
and then you have to have your business succeed.
That is a terrible piece of advice because what happens is you then have to do whatever it
takes to quote unquote succeed, but what that usually means is pay your rent.
Now you have to either cut corners, maybe do some shiasty sales stuff,
sell a product that's not ready.
There's absolutely no reason to burn the ships and go all.
in. If you're starting a business, and I'm wondering if you kicked off this way when you were a doctor,
if you're starting a business, you should outsource everything possible that you cannot do yourself.
And then and only then, once your time is the bottleneck on the business, should you even think
about resigning your actual day job? What I see is a lot of folks that they quit their day job,
and then they're like, okay, I guess I got to do social media now, and they spend all their time
tweeting and doing stuff. And it's like, whoa, whoa, whoa, someone else could have made all.
You're editing these little videos. What are you doing?
You're spending three hours editing TikTok videos.
You can outsource that crap,
and you could have kept your job designing semiconductors
that paid you $400,000 a year.
No, now you're struggling to make $40,000 a year
selling sheets on the internet.
What did you do that for?
You're listening to The Jordan Harbinger Show.
This is me with Ali Abdel.
We'll be right back.
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All right, back to stroke at my own ego here with Ali Abdal.
When you've got a day job and then you're having to side hustle the business in the evenings,
it sort of forces you to only do a high-value thing.
Yes.
And it forces you to cut corners and things that it's okay to cut corners.
corners on. Like, for example, making YouTube videos, it's like, well, you could always put more hours
of editing into a YouTube video, but if you literally have a day job, it takes an hour to commute to work
and back, and you've got the evening, maybe like an hour in the evening to edit, and you want to do a
video, that means you've only got a few hours to edit that video, assuming you can't outsource it,
which is something that took me way too long to do.
Two years into it, when I outsourced it, it was like, oh my God, this is incredible.
And I find that, you know, when people ask for advice around the quit job thing, I'm always like,
no, if you are going to succeed in business, then you should find a way to succeed in a business
as a part-time gig. And then, yeah, I agree with you, when your time becomes the actual bottleneck,
and now the value of your time working on the business is actually worth more than the value
of your time working at your semiconductor job or your doctor job. At that point, okay, let's think
about cutting down the hours. Most employees are okay with you going part-time because they'd rather
keep you if you're actually good. And then once we've got a very, very, very comfortable business
going along, at that point, cool, let's think about quitting the job. Yeah. I also don't like this
advice of like, quit the job, go all in. Well, I don't know. In some cases, if you're like 22,
fresh out of uni, you know, taking a bit of a gap here to have a go, assuming you've got,
you can live with your parents for a year or something like that. Sure, why not? But I think,
especially if you have rent and you have bills and stuff, it's very, very stressful to rely on
a fledgling business to make that money. It doesn't make any sense. It doesn't make any sense.
Look, startups or something like that, totally different case. Then you're getting investors.
They're essentially paying you to live or you're living in the couch in the office. That's a very
San Francisco type thing. But you're not quitting your day job. You're just going all
in on a really piss poor slash unpaid startup. That's a different scenario. You see these
influencer guys being like, quit your day job and go all in. So you get a guy who's a waiter
and is making enough to survive and then is, I don't know, let's say flipping something on the side
e-commerce. Then they quit the server job. Okay. So now you're just going to have to imagine
what to do with those extra hours. You're working a ton, but you're still getting basically the
same results out of your e-commerce thing. So you're not getting enough to survive. You're stressed
as hell, your back is against the wall. Some people need that motivation. That's unsustainable,
though. So if you need that level of motivation to just work on your business, is that the right
business for you? I don't know about that. I think if you're going to run away from your day job,
you should be running to something. Like, I can't wait to edit my YouTube video after work.
Oh, I have so many great ideas from my next video. I love this podcasting thing. I can't wait to do that.
I love this. I wish I could do this all day, every day, but I've got to go to this
job, that's what you should be running to. What most people do is they are running from something.
I hate my boss. He's terrible. He makes my life miserable. I hate my job. It makes me feel insignificant.
So then they start a business. That's their escape hatch. So they can't wait to flip that shit
open and dive through there, right? They're running away from something. That is not a good idea.
Nice. Okay, so let's get back to Dave. So you realize that Dave's making all this money.
He's never in the office and he's bringing in the work rather than,
doing the work. How does that realization change the way you approach your career? So I start realizing
that bringing in business is a relationship game and it's not like a hard course. I literally at that
time thought, huh, I guess people don't find lawyers by just looking in the phone book and looking
up law firms and hiring them. Of course they don't. These are super high trust deals. An investment banker
gives the deal to his roommate from law school because that's how it works. They can't afford to have
this screwed up, they know the guy's really smart, they can trust the guy, they can call him at home
if they need to. They're not going to trust this to some random schmo. This is a multi-million dollar deal
or more that's going to go on for years at a time. So you have to build those relationships. And I remember
asking Dave, so how do you build those relationships? And he was like, just be cool, man, it'll all be
fine. And I was like, let me tell you something. If just be cool was actionable advice,
do you think I would have become a lawyer in the first place? Lawyers are known for a lot of things.
Being cool, not one of those things, okay?
So this guy was not giving me something that I could really use.
He was really just giving me platitudes.
And the more people I asked for their networking a relationship advice, the more platitudes I got.
I even took Dale Carnegie courses and stuff like that because I was like, these guys
have it figured out.
And a lot of that was principles that were useful, like be interested in other people.
But if you're not getting a job or a deal or whatever.
it is. It's not because you didn't look them in the eye and have a firm handshake. It's because they
liked and trusted someone else more than you. Like and trust stuff, that's not built off of like,
oh, he looked me in the eye and he gave me a firm handshake. That's getting a minimum wage job
at a supermarket. And the owner takes a chance on you because he looked me in the eye and he
had a firm handshake. Nice kid, that Ali. Right? That's that. No one's giving you a million dollar
deal because of your handshake. So you have to do more than that. And so even these Dale Carnegie
courses where they're teaching you like the memory palace to remember that some guys,
kid played tennis. Those people come across really fake, and you just can't actually fake being
interested in somebody. It doesn't work very well. At least I'm terrible at it. It's hard to do. I have
to actually be interested in somebody. So the quickest way I found to develop relationships is to
help other people without the attachment to getting anything in return. And it's scalable,
and it's very tough to do that over time, because most people want something. And you have to help
other people thinking this person may never be able to help me with anything ever, and I just
have to be okay with that. And I'm not talking about designing websites for free, for everybody who
asks. I'm talking about making introductions to other people who can help them. That's the only way
this is scalable. So let's say that you're like, hey, I want some interesting podcast guests when I
come to California. I don't have to book those guests for you, but what I would do is introduce
you to people that live near me and in the cities where you're going that I think are interesting,
that I think would also say yes to doing your podcast. And I can just do that kind of thing,
right? And I can do that for somebody who's looking for a job in a field. I might know somebody
who runs a business in that area and I can ask them for advice. Or I could say, would you hire this
person as an intern? They're actually pretty cool if I can vouch for them, right? I do that kind of
stuff every single day. It's usually done by email. The difference is what I hear from, and I thought,
this is not rocket science, but what I hear from other folks when I give this advice is they'll go,
yeah, I know people have asked me for this, but I just kind of
have never responded. I'm thinking, what a missed opportunity this is. But yeah, but I'm really busy
and I get a lot of email. I believe you. However, I'm pretty sure that you don't get more email than I do.
It's not a contest, but you and I get a lot of email, I'm sure. I will help any random person
that reaches out to me if I can with advice or with an introduction. And that has earned a
crap load of social capital and goodwill. Those people I normally assume will never actually
be able to do anything from me in return. However, I'm wrong at least one percent of the time.
And that one percent of the time turns out to be kind of a big deal. I helped somebody the other
day with something completely insignificant, in my opinion. And he goes, let me know if you ever
need a guest for your podcast. I thought he was talking about himself. I was like, thanks.
I appreciate that. And he's like, yeah, because I'm working with A-list celebrity on a project.
And I was like, really? That person would be amazing. And he goes, oh, yeah, I'm literally seeing him
tomorrow. I bet you he would do your podcast. I'm going to ask him. And that blew my mind because this person
was asking me to introduce them to my web designer. So I earned my web designer a referral. He was very
stoked. And this guy was like, thank you. I've gone through five web guys and the first three
ripped me off and the other two did a crap job. I'm like, oh, you're going to be taken care of.
And now I might get this really, really interesting guy for my podcast because he has a good
relationship with him. I had no idea that he had that relationship. That is not why I helped him.
So when you help 100 people, if 99% of them never do anything for you,
but you're helping them in a scalable way, you are kicking ass.
You get the short end of the stick 99 out of 100 times.
Collect all those short sticks.
How did you apply this in your day job back when you were a lawyer?
I tried.
It was quite difficult.
But what I did was I realized going to those like meetups where you drive across town and you're like,
lawyer's happy hour, that was a nonsense way to do this.
It's a lot of takers at networking events.
because they go to network.
Most people, again, only build relationships.
The phrase I've stolen is dig the well before you're thirsty.
Usually people don't do that.
They are dying of thirst before they decide to network.
And what that means is they go up to you and ask you for a job.
And if you can't help them, they move on to the next person or whatever.
They ask you for something.
You don't meet good connections or network or build relationships at networking events most of the time.
So what I started doing was applying the help other people without the attachment of anything in return.
and how I applied that during my very short-lived legal career was when people were asking me
how my law firm job was, I was brutally honest with them, the positives and the negatives.
I asked other lawyers in the firm for their advice or opinions on things people were asking me
who were still in law school or other lawyers who were thinking about joining our firm.
I arranged groups of people to meet up and go out that were maybe thinking about switching jobs,
and I just facilitated those nights of drinks where we would all go hang out and just
turned out to be just like a click of dudes that liked each other and a few women. And I help people
who are moving to New York, regardless of what industry they were in, because when I first,
this is sort of probably a problem that doesn't exist anymore with the internet and all the
websites that are out there. But back then, you could look on Craigslist and maybe find an
apartment that wasn't a scam, but most people didn't know where any of the neighborhoods were, how
quick they needed to move around the city, none of that. So I sort of translated a lot of those
things and said, you're working on Wall Street, don't live above whatever, 14th Street because
it's going to be a pain in the ass during rush hour and yada. And I would say, these are the
neighborhoods you should be looking in. Here's the abbreviation for those neighborhoods that you'll find
on Craigslist. And I just continue, in fact, I still do that. When I moved to L.A., I still did
that. I got a call from a friend who grew up with my next door neighbor when I was in law school.
And he's like, yeah, so-and-so said I could call you. I helped him move to L.A.
And years later, I ran into him. He goes, Jordan. I was like, do I know you?
goes, yeah, you help me move out here. I said, oh, right. I remember that call. He's like, I'll never
forget how much you helped me when I moved out here. And I said, so what do you do here? And he's
like, I'm in charge of booking all these studios. And I said, really? And he's like, yeah, anytime
you need a studio, I will make sure you get one. And you're never, you're not going to pay for it.
I'm always going to comp it. And that wasn't something I could have planned. Right. And it's really
easy to do this stuff. This is not a massive time investment per person. Somebody sends me a text.
What is UWS again?
Upper West Side.
Oh, thank you.
Don't go there.
It's too far from where your office is.
Oh, okay.
Good to know.
Hey, this person says this.
That sounds like a scam.
Don't bring them in cash.
You're going to get mugged.
Okay, thanks.
I mean, that's what I was doing.
You can do that 100 times a week
and it's no skin off your nose.
That's very cool.
Have you come across a book called The Go Giver?
Yeah.
Is that Bob Berg?
Yeah.
It's so good.
It's amazing on audio.
If anyone's not listened to it or read it,
would 100% recommend.
And I've been on like three road trips with friends where we were like, what audio book should we listen to?
And three times I've suggested this and everyone was just absolutely blown away.
Yeah.
Because its whole thesis is that like if you give stuff and help people without the expectation of something in return, crucially, all of the good things will happen.
So it's funny. The reason I said give without the attachment to getting something in return is because I used to say give without the expectation of getting something in return.
And I was having dinner with Bob Berg. And he goes, well, the attachment is better.
because he had this whole reason.
So I just switched to saying attachment
because you can expect something in return,
but if you're not attached and you don't get anything,
it's fine.
But if you are attached to getting something in return,
now you're keeping score.
And I don't know how philosophical you want to get on this,
but if I drive you to the airport
and then I drive you to the airport again,
I'm a good friend.
But if I drive you to the airport a bunch of times
and then I ask you to drive me and you go,
hey, dude, I can't.
I've got a podcast,
and I can't help you with this one.
If I'm attached to getting something in return,
I'm like, I'll leave such a selfish prick, man.
I've driven that guy to the airport three times.
I ask him once and he's got a podcast, suddenly he can't do it,
he doesn't feel good.
So now I've poisoned the well.
I'm mad at you.
You have no idea why because it's unreasonable.
There's a covert contract, right?
In my mind, I decided you owed me that.
It's not really a good way to have, to go through life.
But you can expect that at some point you'll drive me to the airport
Or maybe you'd pick up dinner once or something like that, and hey, we're good.
So you don't want to start keeping score.
That's one of the big no-noes of any sort of relationship in your life.
Someone might be thinking, well, people are just going to take advantage of me then.
I don't want to be a doormat.
Right.
I agree with that.
I think if somebody is asking a lot of you and they're not entertaining any requests from your end,
there's a good chance that they're taking advantage of you.
The only way to know that is over time.
you should definitely not drive somebody at the airport
and then they don't pick up your calls
and never hang out with you
or do anything for you unless they need something
and they call you.
These people out themselves eventually
because you never hear from them
unless they need something from you.
There's a lot of people like that in the world.
Some of them are very selfish,
others are just unaware.
You get to decide what your boundary is,
but it's not always that person's taking advantage of me.
Sometimes people are just self-centered.
You get to decide what you will tolerate.
Of course, there are
reasonable limits. But again, you get to decide what those are. I hate to prescribe something.
Like, if you drive somebody to the airport three times and they never drive you, they're not your
real friend, eh, I wouldn't go that far. This is the Jordan Harbinger show. It's me with Ali Abdal
today. We'll be right back. This episode is sponsored in part by Audible. Audible's best of
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with me and ali abdall one thing that i have often gotten a lot of value out of is a and being the
organizer of things in the sense that you know how you're organizing these kind of meetups and things
i found that like everyone kind of wants to hang out but everyone is really bad at organizing things
And so if I can be the one to organize the things, then great.
You know, that's like a value add to the people, bringing people together and stuff.
And the other one is sort of having a low threshold for having random coffees with people,
which has become a lot harder over time.
But even then, sometimes I'll see a coffee on my calendar and think,
oh, the ROI of this is like, oh, the time value, blah, blah, blah, blah, blah.
I could be working on XYZ.
But then I think, no, like, it's actually useful to have some amount of time carved out for
things that don't actually have a clear, immediately obvious how I wholeheartedly agree. That's what I'm
doing here in London, by the way. There's something called the podcast show that's going on right now.
And I'm giving a talk or two there. However, I've carved out the whole week. I've got interviews and
stuff like this one. However, if someone's like breakfast tomorrow, I'm not like, what company is this person at?
Do I want to spend that time? What else could I be? I'm like, yes, right? Because I'm saying no to the
random coffee that's next week when I'm off when I'm hanging out with my family. So I carve out
time to do that. It's almost always at events because there's people from Spotify and Apple and other
companies that down, but there's also people that are working for companies I've never heard of that
might be doing something. And I will spend time with all of those people all week long. It will be
exhausting and fun. And then I don't feel bad about saying no when they ask me in a month. I say,
no, I'll catch you at podcast movement in Washington, D.C. in August. What's your take on?
hopping on random Zoom calls with people.
I don't do that.
Well, actually, that's an overstatement.
I usually don't do that.
There has to be a certain bar that gets met.
If you introduced me to somebody,
and they were like, let's chat.
I would say yes.
If somebody emails me cold and is like,
I would like to get to know you,
let's hop on a Zoom.
I will probably say no.
And the reason is because they haven't told me
what this thing is about,
even if they were like,
I really need to learn about this
and you're the only person
who can teach me,
then I would probably say,
say yes. But if they just seem to have passing curiosity, that is not enough for me to justify
that kind of thing. But if they wrote to me and they said, I know you can't do Zooms, but I don't
understand how this works and you're one of the only people who can explain it, I'll probably
send them a message back and explain it. So I try to accomplish that without just saying yes to
every sort of random request. Yeah. Yeah, this is something that I'm trying to figure out the
balance of because I guess over time my willingness to help someone who has not done the work.
Yes.
It really is so start like plummets.
Yes.
Like if someone messages me and they're like, hey, I'm on 100,000 subscribers.
I'm really struggling with like scaling my team.
You know, I know you talk about this.
Can we hang out sometime?
I'm like, dude or gal.
Like hit me up anytime you're in London.
Let's grab a coffee.
Let's go for a walk around the park.
I'll give you hours and hours of my time because.
But if someone's like, hey, I'm a brand new YouTuber and I've made three videos.
I wouldn't even respond to the email. I wouldn't even see the email because it's just there was almost a bar of like a proof of work kind of idea. I agree with you. I agree with you. People will say what are some, and these are well-meaning people, so I'm not trying to be a dick. They'll say what are some of your tips on starting a podcast. And I tell them the truth, which is I am the worst person to ask about a launch because I launched my show 17 years ago. And then I started a new one seven years ago on the back of that one when I was already well known in the space. I am the
the last person you should ask for advice on how to launch when you don't have that done.
But you're right. If somebody goes, hey, I'm getting this many downloads and I'm wondering how
you do X, Y, Z, then I, yeah, I understand that there's not many people that can do that.
Here's a hack and feel free to take it. What I do now is I offer consulting to anyone who asks,
and that money goes to charity. So what happens is you have to put down your $1,000.
Yeah, you have to pay me $1,000 an hour. However,
That money's not going to me.
So I'm not a selfish jerk for asking you for $1,000 an hour.
That money is going to go build a school in freaking Africa or whatever I choose to do with the cash.
You cannot write it off, though.
It's going to me.
I'm using it for what I want later on.
It's charitable, but I'm using it for the charity that I want.
So then when my friend says, hey, can you buy a table at the charity gala for children with leukemia,
I go, here's $8,000 and I don't have to think about it because I earned that money consulting.
What this does is everybody who is like, your value is zero.
but I'm going to ask you anyway,
and I'm probably never going to take your advice.
That person is never going to pay you $1,000 an hour.
And if they do, you've wasted your time,
but at least you made $1,000 an hour.
They're never going to do it.
I likewise will do any podcast that anybody asks me to do.
I won't evaluate if it's big or small.
I just say, here is the charity honorarium that I require.
If you pay me this, I will go on your show.
I don't care if it's the first episode and you never air it,
because you have paid for my time.
and I donate that money to charity.
That's really good.
It's a bar that you can cross with money.
That's a really easy thing.
I don't have to spend any time evaluating this.
My thing for podcast requests is I would love to be your 51st episode.
Yeah.
Which cuts out 99% of people.
Right, because they never make it.
Well, yeah, because they don't make it's 51 episodes.
And so sometimes I get emails three years later being like, hey, three years ago,
I DMD on Instagram back with you or a student.
Yeah.
And I'm like, okay, fine.
Yeah, fine.
Yeah, sure.
I mean, you've done the work.
Good thing you saved the email.
Yeah, so that's a great bar as well. And I totally agree with that. I used to do that same thing. Now,
I'm like, there'll be people who pay for consulting time, and I'm shocked when they use the advice that I give them.
I'm impressed, I should say, but I'm very surprised. There's other people who pay for consulting time and never use it.
But again, I don't have to worry about that. Now I can ask anybody for that. I can help anybody that I want,
because if it's that important, well, they know how to make it happen. But again, you don't feel like a jerk because you're not,
not just using the money to like buy a new iPad or whatever.
How do you keep track of your, I look at my WhatsApp and it's like freaking hundreds of unreads
and I feel really bad.
No wonder I stood outside.
Or my I message even worse because it's not like synced with text.com so my system can't see the eyemessages or like emails.
Wait, synced with text.com. What's this?
Oh, text.com?
Yeah. What is it?
Oh, it's an app that like, it's like superhuman but for your messages.
No, I need that.
So it brings together WhatsApp, I message, Twitter, Instagram. You can enable whichever ones.
And you can delegate access to that to an assistant.
So my assistant looks through my WhatsApp and flags up anything that's like time sensitive.
It's game-changing.
I need this.
So good.
Yeah, I'll send you an invite.
Yeah, please, because I've never heard of this.
That's amazing.
I have 18 inboxes.
How do you keep track of things?
Do you have like a work number and a personal number?
How do you do it?
So basically nobody has my number.
Well, you have my number.
But basically nobody has my number.
They have my wife's number, which is a little bit weird now that I say it out loud.
But she works with me and she screens a lot of this stuff and helps keep it private.
Honestly, I dedicate about 40 minutes per day to communicating just with show fans.
So that's email, Instagram, DMs, LinkedIn messaging.
And I just do that myself.
And then when that timer is up, I am done.
And it depends.
If I'm slow, I'll often just use this counter app on my phone that's like a ticker.
And I'll go, all right, I'm going to do 20 LinkedIn messages each day.
and once I hit 20,
I don't care if there's 100 more in there.
I'm doing 20 a day.
And I do 30 fan mail messages,
and I tick those down,
and there's 200 in there that are for later.
I'm a month and a half behind on fan mail.
Oh, well, most people ignore their fan mail anyway,
so people can wait a month.
That's just how it works.
But I'm getting back to them in a systemized way.
Sometimes if I'm just bored to tears in an airplane lounge
and the book I'm reading is not doing it for me,
I'll be like, you know,
I got to burn off.
some nervous energy and I'll just plow through like 80 fan mail messages and it's it feels good and
it gets done. I realize I'm never going to chip this Mount Everest down to zero because it's always
refilling. Like you're just bailing buckets of water out, but it's not hopeless either because it's
enjoyable. Yeah. So if you give yourself a finite goal, then it's fine because you're getting back to
people in a systematic way. It's not just building up and building anxiety. I don't know about you.
You get anxiety. You're like, I've got 75 unreads now. This is making me feel.
awful. I just go, it doesn't matter how many you're in there, a thousand or a hundred or ten.
They get shipped away this much every single day. And what about keeping in touch with like
friends and family and people who do have your real number who are messaging you? Like,
do you carve out admin time to look through messages each day or are you always on your phone?
Yeah. I'm not always on my phone, no, but like most people in our line of work probably do.
I silence my phone. And then at the end of the day when my kids are coming, my wife goes,
I'm going to pick up the kids from school. And that's like 530 or something like that.
that I go, okay, I wrap up whatever I'm doing on the computer, and I go to my phone and
unleash the beast, unleash the torrent of incoming texts and stuff that was silenced all day,
and I just reply to everyone. It doesn't take that long. I don't have that many people that
like me, Ali. It's really, yeah. Fair play. Yeah. Okay, nice. So what was the transition from law
to not having a real job? Yeah, abrupt, man. What happened was I, in law school, started the podcast.
when I got to New York, I kept doing the podcast, and a friend of mine was supposed to go and do a guest spot on Sirius XM satellite radio.
But he was driving in from Virginia, and he's like, I can't make it.
It's the traffic.
Something happened.
It's going to be like five hours, and I need to be there in three.
So he called the show that he was supposed to be on and said, I can't make it.
You should interview these guys.
They're really good.
And they were like, well, we're screwed.
We don't have a guest.
So they invited us to go to Times Square.
I did a guest appearance on that show.
the station manager happened to be air checking the show, which means listening at the time.
This is why I say a lot of stuff comes down to luck.
He was really blown away by the novel things of what we're talking about now, which
15 years ago were quite, or more than that, almost 20 years ago were novel concepts.
And he's like, that was so interesting.
And I said, I have this crappy podcast.
Do you know what a podcast is?
He's like, actually, I've heard of those.
So I gave him a cheapo business card that I probably printed up on an inkjet.
And I said, here's our show, check it out.
and I followed up like four billion times
because he was terrible with email.
He was actually vision impaired,
which is why he wasn't created email,
but I didn't have his phone number.
So finally he got back to me,
he's like, I checked out your show.
We're building new talent for the network.
Do you want to have your own radio show on satellite?
And I was like, yeah, that sounds amazing.
He's like, the pay is garbage
and a time slot is going to be, you know, not prime time.
So I ended up doing a satellite radio show.
So I was moonlighting with law and radio.
that was when it was like, one of these things is really lighting me up. And the other thing is
sort of drudgery and scary and not interesting. So when the economy tanked into that, well, it was
before the economy tanked. When the banks started to close, those were major clients of the law
firm that I worked at. And they said, so there's not going to be any work for a while. It's February
by May. Well, all this will be fine. And we'll be back to business as usual. That obviously
didn't happen. More banks started to close. And then they said, hey, everyone, we hired 63.
of you. We're probably going to have to let go of most of you. Does anybody want to go? We'll give you
the rest of the year. So like nine months at that point, full salary and benefits, but you're going
to have to find another job. And before they even finish that sentence, my hand was up. And
meanwhile, my friends were like crying. They were like, oh my God, my life is over. And I was like,
nine months salary and benefits. Holy smokes. Where do I sign? Can I get it today? And they were like,
yeah, you don't even have to come back. And I was like, this is absolutely amazing. They're like,
You can use the office for anything you want for your job hunt.
You can use your computer.
You can use the printers, the copy machines.
So I was like, so let me get this straight.
I've got an office in World Financial Number 2 that I can do anything I want with.
And you're going to give me like $100,000 for doing jack shit.
And I have health insurance, which is like, you know, in America you kind of need that.
And I thought, no way is it going to take me nine whole months to get my show and business off the ground.
By the way, that was delusional.
but it took me like years plus that nine months, but whatever.
I lived like a college student.
So I used that money.
I paid off my student loans, which having no debt equals freedom, especially in the United
States.
And I just lived frugally, and I took that savings, and I just dripped that for years and years
and years.
It was abrupt.
And it was, was it traumatizing?
No.
For other people, it was.
And it was all because I had something that I was running to, even though I had gotten my
but kicked right on the way, like, don't let the door hit you in the ass. But also, here's
an underground. Can't really beat that. So it was an abrupt transition. And it could have been
traumatizing, but since I had this iron in the fire of something that I really loved, I was excited
about it. And you still enjoy podcasting 17 years later? Yeah, I do. How do you keep it fun for yourself?
This is going to sound remarkably simplistic, but I follow my own interests. Let me qualify that.
when I see YouTubers, and you know way more about this than I do,
when I see YouTubers, I've got a few friends who are big YouTubers like yourself,
they'll tell me things like,
I have to talk about this because this is what gets views.
And at first, they didn't mind that.
I've got a friend who's a great journalist, and he started a channel,
and he's really good at what he does.
And then he did a video about, I think, Scientology,
and it got a lot of views.
And then he did another video about Scientology, and it got a lot of views.
And then he did a video about Tom Cruise in Scientology, and it got a lot of views.
Then he did a video about something else, and it was dead.
And he went, oh, I need to do videos about Scientology.
But I really am getting sick of this topic.
Maybe I'll do a video about other celebrity-related stuff.
So he was like, well, I'm British.
Let me talk about Harry and Megan.
And it got a lot of views.
So he did another one about Harry and Megan, and he got a lot of views.
and I remember the text where he goes,
I absolutely want to ram my head through the wall
knowing I have to do another video about Harry and Megan.
And he goes, but I'm also making like 10 times more money
than I was doing this other thing that I really enjoyed.
So with podcasting, there is no algorithm that you have to please.
So I'll do a show with a guy who steals tankerships
back from dictators that commandeer the ship in a port.
And then the next episode is an episode with Ray Dalio about investing.
And then the next episode is a dissident from China.
And then the next episode is a celebrity that I'm interested in or of creative that I'm interested in.
And since it's a podcast, an audio podcast primarily, people just see it in their feed and they download it and they listen.
YouTube, they don't even see that crap if they haven't clicked on the last one, right?
So, like, my most popular video is a guy named Musab Hassan Yusef, who actually sees him along the dog whispers.
the most popular.
But Masab is anti-Hamas.
His father was one of the founders of Hamas,
and he speaks out against Hamas.
That video got like 1.5 million views.
The next podcast I did was with an Israeli who was anti-Zionist.
That did really well in my podcast feed.
Guess how it did on YouTube?
Not so good, because I had this massively like Zionist audience listening to the anti-Hamas guy,
and the guy who was like pro-Palestine,
well, that didn't jive well with the last viewers of the last video.
it was my most disliked video. My YouTube team goes, wow, I've actually never seen this ratio
of dislikes this quick. And they were like, I guess because you can't do this and then run it
into this next thing. With podcasting, I was getting emails like, so interesting how you had the
anti-hemmas guy and then you had the pro guy right one after the other. What a cool variety of
viewpoints. Really interesting dichotomy. On YouTube, it was just like the algorithm just went, I don't
know what to do with you. You're not going to create something that I understand. Go into the closet
and never be seen or heard from again. It's very frustrating. You have to create for this invisible
God, the algorithm, and if you do it wrong, you're screwed. So then you also would have had this
choice between follow my curiosity versus follow the dollars. Yes. How do you navigate that?
So I only follow my curiosity and I don't worry about the dollars at all. But this is a privileged
position to be in. Because if you have a small podcast and you follow your curiosity, you better
hope other people are curious about the same things. If you have a big podcast, then you can be
rest assured that a decent size percentage of your audience is also curious enough about that same
thing, or you've built enough trust with them that they will indulge you on something that
looks like they might not be interested in it. And I get emails to that effect all the time.
Jordan, I did not think that ship guy was going to be interesting.
I did not think that that such and such guy was going to be interesting,
but you've surprised me over and over throughout the years I've been listening to your show.
And oh my God, that guy was so interesting.
YouTube, you don't get that luxury at all, most of the time anyway, at least in my experience.
Again, you know way more about this.
And my sponsors don't get to choose what kind of episode they go in either.
So I don't have to worry.
Podcasting discoverability is hot garbage, right?
If you have a new show, like, no one's going to surface it unless you sign up with Spotify and
they like you and they put you in everybody's device, you're screwed otherwise. That's also a blessing
because what it means is there's no algorithm to favor you or disfavor you. So you can create
whatever you want. And if your listeners listen to it, you make a living. And if they don't,
they don't. On YouTube, I thought naively, oh, they subscribe so they'll see all my stuff. That's maybe
how it worked like 10 years ago. But now, if they don't engage, it's over. So you end up making Harry and
Megan videos and hating your job.
You're about to hear a preview of the Jordan Harbinger show with a top sleep expert about
why we dream, what happens when we sleep, and why chronic lack of sleep and driving while tired
is more dangerous than driving under the influence of alcohol.
Sleep is not an optional lifestyle luxury.
Sleep is a non-negotiable biological necessity.
Sleep is a life support system.
It is mother nature's best effort yet at immortality.
And the decimation of sleep throughout.
industrialized nations is now having a catastrophic impact on our health, our wellness, as well as
the safety in the education of our children. It is a silent sleep loss epidemic, and I would
contend that it is fast becoming the greatest public health challenge that we now face in the 21st
century. The evidence is very clear that when we delay school start times, academic grades
increase, behavioral problems decrease, truancy rates decrease, psychological and psychiatric
issues decrease. But what we also found which we didn't expect in those studies is the life
expectancy of students increased. So if our goal as educators truly is to educate and not risk lives
in the process, then we are failing our children in the most spectacular manner with this
incessant model of early school start times. And by the way, 7.30 a.m. for a teenager is the
equivalent for an adult waking up at 4.30 or 3.30 in the morning. If you're trying to survive
or regularly getting five hours of sleep or less, you have a 65% risk of dying at any moment in time.
When you wake up the next day, you have a revised mind-wide web of associations. A new associative
network, a rebooted iOS that is capable of defining remarkable insights into previously impenetrable
problems, and it is the reason that you have never been told to stay awake on a problem.
Instead, you're told to sleep on a problem.
For more on sleep, including why we dream and how we can increase the quality of our sleep,
check out episode 126 with Dr. Matthew Walker on the Jordan Harbinger Show.
All right, that's the end of part one, part two coming to just a few days if it's not
already out yet.
Everything we mentioned that's linkable will be linked in the show notes over at Jordan Harbinger.com.
advertisers, deals, discounts, and ways to support the show, all at Jordan Harbinger.com
slash deals.
Please consider supporting those who support the show.
Also, our newsletter, we call it We BitWiser.
The idea is every Wednesday we give you something specific and practical that'll have an
immediate impact on your decisions and your psychology, your relationships, in under two minutes.
It's not a long read.
And if you haven't signed up yet, I invite you to come check it out.
It is a great companion to the show.
Jordan Harbinger.com slash news is where you can find it.
Don't forget about six-minute networking as well over at six-minute networking.com.
I'm at Jordan Harbinger on Twitter and Instagram.
You can also connect with me on LinkedIn.
This show is created an association with podcast one.
My team is Jen Harbinger, Jace, Sanderson, Robert Fogarty, Ian Baird, and Gabriel Mizrahi.
Remember, we rise by lifting others.
The fee for the show is you share it with friends and you find something useful or interesting.
The greatest compliment you can give us is to share the show with those you care about.
So if you know somebody who's interested in balancing a little bit of their lifestyle with their money
and figuring out how to be happy instead of just grinding all the time.
Definitely share this episode with him.
In the meantime, I hope you apply what you hear on the show
so you can live what you learn.
And we'll see you next time.
This episode is sponsored in part by Something You Should Know podcast.
Finding a new great podcast shouldn't be this hard,
so let me save you some time.
If you like the Jordan Harbinger show,
you'll probably like something you should know with Mike Carruthers.
It's one of those shows that makes you smarter in a practical, useful way.
Same curiosity vibe we go for here,
just in a fast-focused format.
Mike brings on top experts and asks the exact questions that you'd want to ask, and the topics
are all over the place in the best way.
Recently, they've covered things like why we care so much what other people think,
the benefits of laughter, why sports fans get so invested, and what makes people like you
or not, the through line is always the same.
Smart ideas you can actually use in real life.
Something you should know has been featured in Apple's shows we love, and it's got
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So if you want another show that scratches that I want to understand how people in the
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the bright yellow light bulb and start listening you can thank me later
