The Ramsey Show - App - I’m Finally Making Good Money & I’m Worried It Will Change Me (Hour 1)

Episode Date: November 22, 2022

Dave Ramsey & Ken Coleman discuss: Pursuing your dream job, Worrying that making a lot of money will change who you are, How to pay off business debt. Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Live from the headquarters of Ramsey Solutions, broadcasting from the pods, moving, and storage studios, it's the Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. We help people build wealth, do work that they actually love, and create real, amazing relationships. Open phones this hour. Ken Coleman, Ramsey personality, number one bestselling author, host of The Ken Coleman

Show, is my co-host today. Open phones at 888-825-5225. That's 888-825-5225. And Ken, I'm convinced America should be very afraid right now. Returning to the phone screening chair after several years in management and leadership is the famous laura yeah johnson yes um when she started she was laura mays we used to call her the amazing one and then we learned better but um cold cold right out of the gate she just got back in the control room abuse the abuse begins quickly yeah it's a

management tool over here at ramsey abuse so fun to see her over there uh you know she also she sat across the you know across the glass from me here and like this couldn't talk back which was wonderful um for like 13 years yeah and then moved into uh producing and leading the production teams here at Ramsey and all this and today uh because we're in a holiday week uh we're shorthanded and and she's stepped back into her old talents. Yeah. She used to oversee me on the video channel when I first started here. I was not a personality.

That was for sure. Boy, she just gave me all kinds of grief. She would say things in my ear while I was live on the air. She's awesome. It's good to see her smiling face. She's the OG, the original right there, LJ the OG. It's good to see her smiling face. She's the OG, the original right there, LJ the OG. So it's good to have her in there. I did ask her.

You sound kind of hip. Well, I'm trying hard, and every teenager that's listening is rolling their eyes. You're seriously a boomer, yeah. But I asked her how many people had to not be available for us to get you today, and it was a lot. We had to go way down the list yeah yeah yeah so digging out the bottom yeah laura johnson screening phones today associate producer for the day uh so she's working for all the people that work for her today and uh that's how it works here at ramsey

we do what it takes to get her done open phones 888-825-5225. Thomas is in Florida. Hey, Thomas, welcome to The Ramsey Show. Hi, I'm glad to be here. Good. How can we help? Well, I'm a very goal-driven person. Recently, I've been wondering, should I try and work towards my passion of being a storyboard writer, or should I listen to Michael Rowe's advice and find a trade

job to help me become a little bit more profitable than focus on my passions? Well, that's a good setup. I've heard a lot of people have approached me on that and what Mike says, and I don't want you to confuse what he's saying. I think this is probably a both and. What is it going to take for you to be a successful storyboard writer? That comes down to skills and experience. So what does that journey look like? Can you do that full-time? If you cannot support yourself doing that full-time, then maybe a trade or any other job that I would call a day job that allows me to take care of business and then train, get some experience on the side, build the relationships and get to a place where I can step from one to the other. And I think the way you said that in that second classification is probably the way to do it. But it doesn't have to be a trade.

Thomas, let me ask you something. I mean, we use storyboard in all our productions and things we do here. I'm kind of doubting, since I know a little bit about the business, that there's full-time work for a storyboard writer in Sarasota Springs, Florida. If you're in L.A., Atlanta, Nashville, where there's a lot of film production and a lot of video production of things, am I missing something? Is Sarasota Springs the center of video and I don't know it? No, sir. But I was just thinking about maybe moving somewhere where the work would be more available. Yeah, you can get there. The question is, what does that look like? What's a successful storyboard writer making?

Do you know? No, sir. You've got to know. We can't just kind of go, well, I'd like to do this. I'd like to dunk a basketball on a 10-foot rim. It's not happening. No, not without a trampoline. So how realistic is it?

So here's the first thing you've got to do. What does a career path look like in that space? And to Dave's point, is that a full-time gig? If it's not, is it? So here's the first thing you've got to do. What does a career path look like in that space? And to Dave's point, is that a full-time gig? If it's not, is it a subsidiary of a writing position? You've got to figure that out. I think you're a content and creative guy, first and foremost. I'm afraid you're niching this out too far. I mean, you've gone this down to the very nuanced job that a handful of people in the world have.

Um, and so, uh, I mean, content creation is in essence what storyboarding is. That's right. And you know, you're, you're,

you're, you're helping the production team create a narrative and a flow, uh, through what they're getting ready to put on film or tape, whatever we want to call it. None of it above digits but anyway the uh uh so i'm if we were doing that at ramsey we would be hiring a creative who also did yeah a content person who also did um as a matter of fact that's what how we do it

we don't have anybody here that does that. So I'm kind of going to – how old are you? I am 20 years old. How did you decide that storyboard writing was your thing? Because I usually enjoy coming up with expanding through storylines and coming up with creative way creative original ideas and so forth and i was figuring i could bring the light stay right there what you just said to us content guy so thomas what you just said to us that is a 50 000 foot view of a job description so you start with that now the research process is what are all the different ways that professionally I can do this work?

What are the pathways to all of those positions? Then we ask, well, then what am I going to have to do to get the experience and the qualifications to eventually get there? Now we have real answers. And again, you're 20. I appreciate the call. But you don't know what you don't know. And we've got to go get answers to those type of things. Then the question is, all right, what is the best financial path for me to get there?

And if picking up a trade, and again, the trades that we think of blue-collar work, but in today's world, you can go to a coding camp and you can get an IT trade that pays you very, very well, that will give you stability and the opportunity to acquire these skills on the side. Because in the world that we live in, and let's just call it the content world, whether you're a broadcaster, speaker, author, it doesn't matter. That is a much tougher path. And it takes a little bit longer. And it is based on experience, experience, experience. And many times experience doesn't pay. And so you've got to be patient.

And this is a long haul potentially if you want to be in that content space. Yeah. I think you could very well end up spending a lot of your life doing storyboarding at some point. But it's kind of like you called up and said, I not only want to be an actor, I want to be an actor in commercials. I not only want to be an actor in commercials, I want to be an actor only on car insurance commercials. Right. And so I'm going to tell you, pan back a little bit, and let's broaden the horizon that still encompasses your passion area,

and let the storyboarding be a nuance within it, and I think it'll help you get there. It's a neat call. Thank you, sir. We appreciate you. We're honored with your question. Thank you. This is honored with your question. Thank you. This is the Ramsey Show. ken coleman ramsey personality number one best-selling author of the book paycheck to purpose is my co-host today brett is with us brett is in charleston south carolina hi brett

welcome to the ramsey show hi thank you both for having me on it's a pleasure to talk to you sure what's up so i grew up uh very poor you know often not even having meals and then as my uh grew into a senior in high school both my parents got jobs making six figures. And it seemed like it was so fun eating out and just living recklessly as a whole family. And then my parents got divorced. Everything just kind of fell apart. And I now have been blessed of owning my own business and making a pretty considerable salary increase. And I find myself feeling fearful about the

money that I'm making. I know I still have $11,000 to pay off on a baby step two, but I just am kind of afraid of the effect of money. I just am living in fear and I'm hoping to get some help. Be more specific. What do you, what is it you're afraid of? You know, I just, I don't want the lifestyle of money to be able to tear away the things that really matter to me. Um, you know, I don't want it so that we're just eating out and living, you know, like this great life and then some of the south family values kind of go by the wayside how do you find those values while earning greater money you know how do you stay rooted i guess okay um

number one i don't think you're going to have a problem because you are watching for it it's the people that don't watch for it that um that it gets so you're not looking to money to be your salvation and so it's not going to let you down people that get in trouble are the ones that say oh i'll be happy when and then they're not happy when okay because money's you know success money anything's a bully in the schoolyard as soon as you achieve it and you step across you know he draws a line in the sand and says if you step across this line i'm going to punch you and you step across the line he backs up and draws another line says if you step across this line then i'm going to punch you. And you step across the line, he backs up and draws another line and says, if you step across this line, then I'm really going to punch you. And that's what it's

always moving this. I'll be happy when I'll be happy when I'll be happy when. And those are the people that getting money gets them off track because they thought money had a power to do things it does not have. It does not have the power to give you happiness. It does not have the power to give you joy. It does not have the power to give you peace. It does not have the power to give you happiness it does not have the power to give you joy it does not have the power to give you peace it does not have the power to create values in your family unless you try to give it that power and then it will let you down but you're not going to do that so i'm really not worried about you i appreciate you saying that you know just a dad of four daughters, I just want to make sure I, you know, use it to its best opportunity.

So, like my little boy, you know, we finally got a decent car after we went bankrupt. And my little boy at the time is the little guy. He's the smallest of the Ramseys, right? And we finally get a car that's not got like a dent in it you know i mean it's finally get a decent vehicle and he's in the back seat and we're doing the old family drive around the block in the new car everybody check out the new car who we're excited right you know the routine right and he leans back and he goes we're doing pretty good, right? And see, that's a signal that there's a problem.

And so I just stopped the car and I said, we aren't doing good at all. I'm doing good. You got nothing. I'm doing pretty good. You're broke, okay? And so you just need to know that's where you're starting from. B-R-O-K-E, buddy. you you're broke okay and so you just need to know that's where you're starting from be our okay buddy and so um you know and and so that's in other words we did not allow money to be the value of okay now we're okay when we get this better car oh now we're okay if we get to

move in that house oh now we're okay if i have a, a label on my purse or whatever the crap it is, right? And so, you know, you're just not going to allow your family to be defined by this. And so money then becomes, oh, P.T. Barnum had a wonderful saying. He said, money is a fabulous slave. It's a horrible master. And that's what we're talking about is who's in charge here. You are the money. You're in charge. The money's not charge here you are the money you're in charge

the money's not so you're not going to fall prey to these things as long as you keep money not don't let money be in charge in anyone's life that is in your purview your your you know your spouse your kids as for me in my house money is a tool it's not the master you see what i'm doing yeah yeah i just would say this brett i could feel the fear on you and that's why we pushed you to be specific and i think you're afraid that more money and affluency that comes with that is going to distract you and tempt you to do things you don't want to do as opposed to say no the money i make and any wealth that comes with that is going to allow me to do more of what i believe we should do so i think it's boundaries setting up those boundaries like dave said when do you hear something or see something or smell something

among the family where it goes that's not right i want to nip that in the bud and i think it's setting boundaries and not worrying about the temptation if you've got clear boundaries uh i think you're going to do more of the right things instead of doing things that you don't want to but you you grew up hearing and most of us did uh that that you know rich people are evil or they're all crooks or something like that which is absolute hogwash it's absolutely it's an absolute it's's absolute. It's an absolute. It's asinine. It's an absolute lie. But it's the stuff that poor people or hopeless people say because they're jealous. Yeah.

And so, you know, most rich people I know are no more crooked than the poor people I know. And they're no more righteous than the poor people I know. You know, the amount of money you have doesn't make you a crook or righteous. It's a character quality. So, you know, it's amoral. moral money's a moral it does not have morals it just attaches itself to people who do um and so yeah you just you got this message from childhood from the old from the from the growing up hood the neighborhood and you're like you know oh wow i'm afraid i'm going to become one of those evil rich people and uh then you discover no i'm just going to be one of the good rich people okay good yeah well i love what you

said about the daniel story it's one of my favorite stories reminds me something shaquille o'neal said i believe he's during his hall of fame speech but it's perspective he said to his kids we ain't rich i'm rich yeah exactly it's the same thing you know it's like give the kids context yeah why do i make this money? What had to happen for us to get to this place? Now, what do we believe we should do with money? And you give it perspective, you know, and then the kids and everybody else goes, okay, I get it. But, you know, here's the thing.

And you show the kids it came from hard work. You show the kids that business is successful because we're helping a lot of people. That's exactly right. And, right and hey oh i had to struggle you know i tell my kids all the time like i try to remind they were little when i first started after this whole broadcasting thing i remind them all the time how bad the first broadcasting things i did were like they don't even deserve to be drug out of the ditch you're the ash heap of history like you had to do bad stuff you had to do humble stuff You had to struggle. It took time to build. Like, this doesn't just, you don't just show up and do the things I'm doing today. And all my kids

understand that, you know. And by the way, they also understand that if they want more money, they've got to go to work. I don't just keep filling up their bank account. Eating out does not destroy your family values no he brought up eating out several times eating out does not yeah i think he was worried about getting away from the dinner table which i get that then then say now make the dinner table a part of the family tradition part of our part of our weekly schedule is uh three nights a week five nights a week whatever it is we are all gathering at the table and uh no you can't book anything across that and i don't care what your friends are doing and this is what we do the other nights we can go out to eat or you can go out with your

buddies or do whatever you can go to somebody else's house whatever but these nights were here and if you're if you're wanting to establish that as a family tradition of family rhythm that's a good thing it is it's a good thing and if you're going to go ahead and do that then just no screens at the table by the way so i agree with help you with that um d And if you're going to go ahead and do that, then just no screens at the table, by the way. I agree with that. Just help you with that. Dave, you're not going to believe this. We made the Coleman kids play Clue last night, and they howled like I was torturing them. And would you believe that they actually enjoyed it

once I got them into the game and they figured out how to play it? But you would have thought I was the worst father of all time. You are. I don't want to play Clue. I don't want to play. How long does it take? I can't. You're a child abuser.

Make them play board games. It was good. I don't want to play. How long does it take? I can't. You're a child abuser. Make them play board games. It was good. They actually ended up enjoying it. Golly. Imagine that. Yeah. It's Boomer Day on The Ramsey Show. Thank you. In the lobby of Ramsey Solutions on the debt-free stage, Mark is with us. Hey, Mark, how are you?

Fantastic, Dave. Thanks, sir. Thanks for the introduction. I appreciate it. Absolutely, sir. Where do you live? Just outside of Dallas and Fate, Texas. Oh, yeah. Okay. The Garland area. Yes, sir. Yeah, cool. Good to have you, man. So how much debt have you paid off? I paid off $323,000 in five and a half years. Of course you did. Wow. All right. And your range of income during that five and a half years? $112,000 to $166,000. Cool. What do you do for a living? Well, I started out as a wireless network engineer and then noticed a need for a technical project manager in that

space. So I went out and got some education and transitioned to a technical project manager. Nice income increase. Yeah, yeah it was tough. There was a little bit of a dip but what I continued to do is just rely on my technical skills in the wireless space and then I volunteered to present the status of our project to to upper management and so it just grew from there and I realized that there was very few people that could communicate, technically speaking, and then work as a project manager. So, and I did that during my debt-free journey. Wow. How long was that dip that you just described? It took probably about

eight months. But so I was relying on my wireless network skills as an engineer fixing problems and then like i said just really uh volunteered to present the status to to folks did some powerpoint presentations and so i've i've combined my technical skills with project management skills and it's offering what i've discovered is um it offers a unique skill set that a lot of people don't have right now. I love that story right there, Dave. This is a guy who goes, all right, I want to make some changes. And you took the dip, but you didn't slow down. You didn't accept it.

Now you got the big pay bump. That helped accelerate the journey. You really love that story. Yeah, thanks, Ken. I appreciate that. Hats off to you, too. You and I have a little bit of history. You took my call on last uh on the last

caller february 2nd uh 2022 i was in a pretty dark place uh at you know during my journey and and it was you and and uh uh ken and and george you guys took my call and and that really uh inspired me uh a. Very cool. That's awesome. What kind of debt was your $323,000? Dave, I had everything. I had student loans. I had car loans. I had credit cards.

I had outdoor cameras. In fact, I think, if I remember correctly, they were lining up cheetahs to join the field um and but i tell you what we might want to call some animal people get the cheetahs some help because they're not looking too good back there yeah yeah getting a little uh getting a little thin yeah not having enough to eat these days yeah cool yeah so you you're normal though you'd collected every kind of debt yeah rental properties included okay wow yeah what what do you attribute what do you tell people that you the secret to getting out of debt is i mean 323 000 dude that's how that's high cotton yeah i mean it was uh five thousand dollars a month for 63 months um for me it was um the

moment that i walked into uh my master bathroom, I just remember that there was a period there where I said, I have a mess. I can't retire. And I need to figure out how I'm going to do this. I was 50 years old at that point. And so I just, I had to clean up my mess. Yeah. Had to figure it out. And so you had kind of an, oh, crap, I had to clean up my mess. Yeah. Had to figure it out. And so you had kind of an, oh crap, I've had it moment.

Yeah. And then what did you do? How'd you get tied into us? Well, so I listened to your radio station. I was working a second shift. I would get off at 7 o'clock or 6.30, drive home. And I have a tendency to listen to the news on the radio on the way home, so I don't have to constantly listen to the same recirculated stories over and over again when I get home.

So I was thumbing through the AM radios, landed on your radio replay, and that's what got me inspired. In 2014, that was 2014 i joined financial peace university at that point um and didn't finish it it was a 13 week long course um with the with the kit and i didn't finish it but the seed that the seed had been planted and i knew in 2016, I was at a point where I just had to do something. The final moment for me happened in March of 2016 and April. We had a really bad hailstorm, and it caused my rental properties to have claims opened up on it. And then I hit 50 years old. I was like, I went ahead and I paid that, put it on a credit card for the deductibles. And then hit 50 years old, said,

man, I got a real problem. A week later, we had a second hailstorm that required a second claim that, and that hailstorm eventually ended up causing about $42,000 of damage on my rental properties. And so it took me six months, seven months. And I remember in November, November of 2016, I walked into that bathroom and just looked at myself and it was, it was as if nobody existed in the world it was just me my raw emotions and the person looking in that mirror and I just said I need to figure this out I there's no one else here that I can count on I need to do this and the next day I sold all of my employee stock purchase plan thirty five thousand dollars of Cisco, sold that and paid

off my credit card, one of my credit cards. And I had an 80-20 loan on one of my rental properties. I paid off the 20% of that. Wow. Yeah. You killed it, man. Congratulations. Thank you, sir.

How's it feel to be free? Oh my gosh. I mean, the world, I've just recently told people that I'm a 55-year-old infant. I like it. Hey, we got a copy of Total Money Makeover for you, a copy of the Baby Steps Millionaire's book, a one-year membership to Financial Peace University, all in the Live and Give bundle. And that's the thing that you'll be able to do is give most of that away. You've been through most of it, but I think you're on the track to be a Baby Steps Millionaire.

Also, there's rumors going around here at Ram steps millionaire also um there's rumors going around here at ramsey and sometimes there's rumors going around here they're always good rumors when they go around here that you've been working extremely hard and that you've been very very very dedicated towards you really had a desire to become a financial coach yeah a ramsey financial coach and so so Tim Mann with the coaching team is going to come join you here on the stage. Tim, I'll let you take it for a second. Yeah, I just, I'm so excited to watch your progress over the last year to see how you have jumped in repeatedly inside of FPU, inside of Financial Peace University, participating in group coaching, encouraging others, challenging others, and also seeking out how do I become a financial coach. I think you've been on what, a dozen of

our financial coach master training webinars and workshops, and just watching your growth and progress. I'm just really excited to let you know we're going to bring you in, no charge, financial coach master training on us. We are so excited to have you. You are what we're looking for in coaching. You're the guy who is the encourager. You're the guy who's going to share your story. You're the guy who's going to continue to bring other people along in this journey. And we could not be any prouder of you, Mark. Thanks, Tom. You have an incredible... Very cool. That's pretty fun dave i gotta i gotta you have an incredible family here an incredible team i do they um they are part of my extended family and going through this um that's what we

heard and going through this single as a single person tim and his team um i'm standing here because of the inspiration that they gave me over those phone calls. And now you get to pay it forward. Yeah, absolutely. And if I can share anything, just the feeling. I want to pass along the feeling that I have on that last payment, knowing and watching that last payment clear. I want others to feel that.

Amen. I want people to lean into their debt, own it, and drive it, and solve it. And I want you to get your debt-free scream in. All right, here we go. Tim, thank you. Mark from Garland, Texas. $323,000 paid off in five and a half years. Make it $112,000 to $166,000.

Future certified financial coach from Ramsey. Count it down. Let's hear a debt-free scream. Three, two, one. In Jesus Christ, I'm debt-free! Yeah! Woo-hoo! Wow.

We train people to be financial coaches, for those of you who don't know and the training is a wee bit expensive to go through it but uh mark he's a special guy this is the ramsey show Ken Coleman Ramsey personality is my co-host today, one of the keys to becoming successful with money is learning the art and science of generosity, building your generosity muscle. So every year we always do a giving show at Christmastime to highlight the power of generosity. And we need you to help us with the giving show by being on the show telling your giving or receiving story someone gave to you and changed your life someone you were able to give and it was a rock star moment and it'll inspire other people to be generous by hearing your story we need three hours worth of those we're going to do the show on december the 14th so we'll be calling you on that

day and we need you to send an email in. Tell us a little bit about the story, and the team will be in touch with you and get you lined up, and I'll see you. Email to ask at ramsaysolutions.com. The name ask at ramsaysolutions.com. Just put giving in the subject line or something like that, and we'll help you be part of the upcoming giving show and ken for the black friday coming up we got a deal on the get clear assessment that's right um

i don't know why this is a deal it shouldn't be a deal because it's a deal and this thing is a deal without making it a deal yeah well you get it just this week for twenty dollars it's ten dollars off the normal price and uh this is a tool that's going to help anybody who's not where they want to be professionally. Maybe you're on the right track, but you feel like you should be getting promoted maybe a little bit quicker. You're trying to get that breakthrough. Maybe you have no idea what you want to do. Maybe you're looking for that idea for a side hustle. The idea is, is how can I find purpose in work and then make the income that I want?

And this tool does it for you. It's the Get Clear Career Assessment. And it's a wonderful, wonderful tool. Only $20, normally $30. Yeah. And the Paycheck to Purpose, number one bestselling book, $10 right now. And Baby Steps Millionaires, my latest number one bestseller, $10. Wow.

Which makes all of my books now available at only $10. It's ridiculous. There's inflation out there. Did you approve of this, Dave, or did they sneak this one in on you? We should not be selling this cheap. This is too cheap. It makes me feel cheap. Right.

It makes you feel cheap when you buy it for just $10. It's a deal. Ten people for $100, you knock out their gifts right there. Boom, just like that. RamseySolutions.com black friday deals on gifts that actually matter lajil is with us lajil is in detroit hello jill how are you hi dave hi ken hi what's up hi so um i am trying to go from d-ish to full-on Dave, and I'm like a serial entrepreneur, so I bring in a lot of money a lot of different ways.

But my question is, when I'm paying off debt, should I focus on just the business I have that makes me money instead of putting out money for my other businesses to make money if that makes sense. How many are making money? So like okay for example I throw like parties on an event planner so I maybe spend like twelve hundred dollars but I'll make a couple grand but I don't know if I should be putting that money out to do that. You spend $1,200 and you make 3,200 profit of a couple grand. Right. That's debt you're paying off every time you do that. I mean, so profit is profit. Yeah.

I mean, you're not, you're not spending the money and it's not coming back. It's coming back to you instantaneously almost, isn't it? Yeah. It comes back the well the day of the party yeah a couple months later yeah yeah okay so which business which that one's not losing money well i have like i have like um like social media type stuff and that's the stuff that doesn't necessarily make me money right here and now. And then I also do, like, drawing and logos and stuff. And that makes me money when people, like, ask for it. But I don't know if I should really get into, like, the full-on advertising and content-creating side of things,

or I should just wait for all that type of stuff. You should. You should wait to expand. Right now, you just want to do things that make you money so you get out baby step two fast quick as possible right so we can delay the stuff that you want to maybe expand one day once we're in a position to do so five years from today do you want to be in the logo business or the event planning business do i want to be in the what or the event planning do you want to be in the what or the event planning? Do you want to be in event planning or logos? Which one?

Event planning. Okay. Start doing that now then. Quit screwing around with 17 things. You get no power when you don't focus. I would focus on event planning and blow it up. Put all your time, all your energy, all your effort, all your creative waking hours into one thing. Working three different businesses is a recipe for getting none of them off the ground.

Okay. Well, I also, so my main source of income is actually like grocery delivery where I do like ship Instacart type things. And I make pretty, actually make pretty good money doing that. Okay, but that's not what we're talking about. That's a stopgap until the event business gets big enough that you don't have to do that anymore. Right.

Yeah. So if you're making $100,000 a year doing event planning, you wouldn't be doing any of this other crap. Very true. Okay. Okay, I will do that. I'm going to send you a copy of a quick read we have called the Momentum Theorem. And the Momentum Theorem is this.

Focused intensity over time multiplied by God creates unstoppable momentum. And this book will take you about an hour and a half to read, Max. Okay? And it explains exactly what this focused intensity looks like and you have the exact opposite of that you have dispersed intensity which has no power to it it feels like that the more i get the more i feel powerless light dispersed lights a room light focused you can do surgery with it's called a laser and i want you to be laser and you're going to move this business into the stratosphere when you do because you got so much energy on you there's so much joy

coming off of you you you you're like the ultimate event planner this is going to be great oh yeah and again you have a side hustle that's actually spinning off real profit that's where you put your focus right now we're trying to generate income to get out of debt, get the emergency fund in place, and that changes your entire perspective. So, I mean, this is, the focus here is absolutely the word, you know. Trying to do too many things is exhausting, too. Oh, yeah. You know, on top of everything else, it's enough to get out of debt. You don't need all these other distractions. It's a little bit of a problem we've got with a whole bunch of things in our culture today. People's inability to keep their eye on the ball, to stay and play through, to have some grit, to stick with something all the way through and finish it up. And, you know, I want work-life balance, but i want to spend 40 hours a week on my screens

so no i think you need to get off your stupid screens and uh actually look in the eyes of your family actually be present physically with your family um and then not wonder why relationships are bad because you're not because you suck at them right and then one of the things that we see in in this case here is is we prospect as opposed to digging deep like we're going to invest right it's like our investment strategy that you've taught for decades it's slow and steady wins the race it's disciplined low risk but you're drilling to the core we're not just skimming the surface that's right none of this we're not strip mining right and so the serial entrepreneurs can fall prey to that to go well i'm going to try this because this could strike but i'm going to do this and hedge my bets over here maybe this will strike and as opposed

to digging deep to get that oil like we're going to commit and go deep and that's where you see long-term success financially relationally your, your health, everything. The reason I can smell this out is because I used to do it. Right. Like, I mean, I'm 23 years, 24 years old, buying real estate like crazy, hand over fist. And I almost, in the middle of all of that, financed $25,000 worth of quarter machines to put at the market to pump air into your tires. Yeah. When they first started charging for air i thought it was the dumbest thing in the world and i thought this was going

to work and i almost stopped what i was doing because i'm a serial entrepreneur and add as i can be right and stopped doing a successful real estate thing that was working and went and bought air machines that's how dumb i am yeah by the way those things never work when i need air can never get one that works dave I don't know about that. Bought my own machine. Not my fault because I didn't buy it. You have to turn your complaint into the Department of Complaints. That's a nuisance you don't need, right?

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