The School of Greatness - 588 Choose What Lights You Up with Scooter Braun

Episode Date: January 12, 2018

"WHAT’S THE POINT OF GOING AFTER ANYTHING THAT'S REASONABLE? THAT’S NOT GRATIFYING.” I used to believe that money was the answer to happiness. When you spend all of your time chasing the do...llar, it bring you emptiness. The real reason to chase after money is so you can have the freedom you need to experience life’s beautiful moment. Chasing the endless dollar is just as bad as being stuck in a cubicle all day. Money is great, but you have to use it to achieve your higher purpose and do the things that actually bring you happiness. This got me thinking about a past episode I did with Scooter Braun, who gave amazing insights to what wealth really means and how to achieve true happiness. Discover what exactly it takes to have wealth in all aspects of life, on Episode 588. In this episode you will learn: The mentality you need to have about money (00:51) How you really achieve happiness (2:12) What you are really working hard for (3:03) Your chances of being super successful (4:36) What you need to do to be in the top 1% (6:25)

Transcript
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Starting point is 00:00:00 This is 5-Minute Friday! Welcome everyone to an amazing episode on the School of Greatness podcast. I'm super pumped today because we've got my man Scooter Braun back in the studio here at the Greatness studios in Los Angeles I still remember to this day my dad told me you know I wasn't a trust fund kid we grew up great middle-class family like great neighborhood but there was no trust fund waiting for me and there were kids in my school who like my best friend arrives in town today his his dad was the cab driver his mom was the housekeeper and there was definitely no
Starting point is 00:00:48 trust fund there yeah and then there were other kids who had huge trust funds and um all the same school all the same school public school and my dad told me if anyone ever asked you if you're rich say yes i was like what and he goes tell me you're rich with love you got everything you ever need and that was the mentality they raised us with. It was like, if you have that, everything else is house money. You're in Vegas and you're playing with house money now. And now that I have Yale and my two sons, I feel like I'm playing with house money. So the working for wealth and everything else, did I ever think I'd get here?
Starting point is 00:01:23 I hoped. When I was 20 years old, I wanted to be a billionaire. When I was 22, I realized making 10 grand was really hard. So I reassessed everything and I met a guy who I admired. And I said, what do I need? And he gave me a number. What do you need for what? To have his life.
Starting point is 00:01:41 To have the success of his life. Because I found his life to be perfect. You're like, this guy's got it. And he gave me a number, not even close to a billionaire. Yeah. Billionaire, but not even close to like not hundreds of millions. It's like 20 mil. 25 mil.
Starting point is 00:01:52 I won't say the number, but it was there. And it was a number. And I said, okay, I'm going to work my whole life to get to that number. This is the new goal. Start being realistic. Billionaire happens great, but this is realistic. And when I was 27, but this is realistic. And when I was 27, I passed that number.
Starting point is 00:02:08 Wow. And I pulled over to the side of the road and called my dad because I was a little depressed. And I think I told you this. And I just basically said, this happened. And here I am telling my father I'm the wealthiest person in the family. And he's like, oh, 27 27 and and I told him I said but dad this is the number I always wanted this is my goal post and I feel nothing and now I'm depressed because I feel nothing and he said well do me a favor hang up the phone think about all the times that you were happy and call me back and I hung up the phone thought about thought about it, called back. I said, it's going
Starting point is 00:02:45 to sound cheesy, but when I'm giving away tickets, when I, you know, I'm playing basketball, when I'm answering kids randomly on Facebook or on Twitter, you know, and he's like, then implement more of that into your life. He goes, understand that the wealth is part of your job. The happiness is the time you take because your job has given you that freedom. And that is the way I kind of look at my life. I work my ass off so I have time for the moments that mean something. You know, our company mantras inspire the world to try. And you can only do that if you're trying something new every day yourself. You've got to do it yourself, yeah. And so we'll see where that takes us. But I don't
Starting point is 00:03:19 know why, but when you said that, it just kind of like reminded me. I don't know if I've ever told you this, but when I was in college, my first semester, I started my company. And I went from, you know, being on a roll my first semester to literally the second semester like doing awful because Emory didn't offer night classes. Or didn't offer internet night classes that I couldn't be at school. I was working full time. Yeah. This is doing the nightclub stuff, right? Nightclub stuff. Promotions. And working for school. I was working full time. Yeah. This was doing the nightclub stuff, right? Yeah. Nightclub stuff and promotions and working for JD and SoSoDeaf and all these things that I was doing, promoting Ludacris, Thoth and Bose. And I got put on academic probation
Starting point is 00:03:56 because my grades dropped. And then they brought me in to see a counselor. I don't even remember his name. I remember where his office was. I remember what it looked like. I don't remember his name. It was the only time I ever met him. And the whole point of this guy is to sit you down and see if there's anything really going on and help you get a path to getting back on the right track. And he comes in and immediately the questions are, am I on drugs? Are there family issues? He's trying to figure out how do you go from being this type of student to being this type of student. And I said, it's not like that. I'm actually an entrepreneur and I'm going for it and I'm trying to do this. I'm trying to play basketball, but do this. And there's no internet classes. And if you could help me, I'd love to stay in school. And he stops me and he
Starting point is 00:04:40 tells me this whole story about Robert Woodruff, who is one of the founders of Coca-Cola, who's the largest endowment, really owns half the stuff in Atlanta. But this guy, Robert Woodruff, gave the largest endowment in the history of our school. And basically, every building in Emory is like the Woodruff, this Woodruff. And he tells me about this amazing entrepreneur who funded our school. And I'm like, this guy gets me. know i'm thinking he sees what i saw in mike george like he gets me and i'm like i'm staying at school i found somebody who can help me this is great and he looks at me at the end and he goes and the chance of you being like robert woodruff are like one in a billion so we need to get you back on the right track and when you you know get out of school and you have the degree and everything else, you could start.
Starting point is 00:05:27 And I looked at him and it clicked like right there. And I literally just looked at him and I said, I really want to thank you. I now know what I need to do. And he goes, so we're going to get you a plane, get you on the right track. I said, I'm dropping out of school. Wow.
Starting point is 00:05:40 And he goes, excuse me? He goes, I think you're making a very big mistake. And I said, I appreciate that and I will come back. And he goes, but you don't know if you'll be able to come back. And I said, I appreciate that too, but I will come back if I fail. And I probably want to come back at one point just to be showing my children. I remember saying all this to him. I was like, but I need to do this right now.
Starting point is 00:06:02 And I left. And I have no idea what his name is or where he is now, but I'm not mad. I'm not mad at all. I'm actually grateful. He gave me that little nudge I needed to really go after it. What's the point of going after anything that's reasonable? That's not gratifying. It's not gratifying going after something that people have done before and is expected. While you're young and don't have children, when you have children, you have to live for someone else. Your goal should be to be called Jagger's dad. But when you don't have children, it's okay to go out and fail time and time again. And that's what I don't understand.
Starting point is 00:06:42 That should be what we're teaching people. You should go out there and get after your dreams because now's the time to do so

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