The School of Greatness - Make These Smart Money Moves TODAY & Design Your Ideal Life w/Gino Wickman EP 1225
Episode Date: February 7, 2022https://lewishowes.com/abundance2022 - Join My FREE 5 DAY ABUNDANCE CHALLENGE Starting On 2/14/22Today’s guest is Gino Wickman. He is the founder best-selling author of EOS Worldwide, an organizatio...n that implements the Entrepreneurial Operating System Gino developed to help entrepreneurs and leaders get what they want from their businesses. He’s the best-selling author of multiple books including his latest, “The EOS Life.”In this episode we discuss the key traits of an entrepreneur, the 5 steps to designing your ideal life, why being vulnerable is crucial, the 5 foundational tools for growing a successful business, how to be smart with your money so you don’t end up broke, the 10 disciplines for maximizing your energy, and so much more!For more go to: www.lewishowes.com/1225Read Gino's books: https://www.eosworldwide.com/traction-libraryDaymond John on How to Close any Deal and Achieve Any Outcome: https://link.chtbl.com/928-podSara Blakely on Writing Your Billion Dollar Story: https://link.chtbl.com/893-pod
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Six essential traits, visionary, passionate, problem solver, driven, risk taker, and responsible.
And if you have those things, you were born with them, they're ingrained in you, then
you're an entrepreneur and this is right for you.
Welcome to the School of Greatness.
My name is Lewis Howes, a former pro athlete turned lifestyle entrepreneur.
And each week we bring you an inspiring person or message to help you discover how to unlock
your inner greatness. Thanks for spending some time with me today. Now let the class begin.
Welcome to this special episode and thank you so much for being here today. And if this is
your first time listening, I hope today's episode inspires you and helps you on your path to
greatness. And I'd love to hear from you and know what your key takeaways are over on social media.
Just message me at Lewis Howes over there. And if you're a regular listener of the show,
then welcome back. I'm so grateful and inspired by your commitment to live greater,
love deeper and leave a legacy. Make sure to reference our show notes in the description
for today's guest information and any mentioned links. And if you enjoy the show, make sure to tell a friend and leave a
review over on Apple podcast. This really helps the show reach more people and impact more lives
as a result together. Okay, now it's time to dive into today's episode.
I'm curious. It seems like everyone wants to be an entrepreneur over the last five to
seven years, kind of with digital media portraying this luxurious lifestyle, the entrepreneurial
lifestyle of how simple it is to launch a product and build a nine-figure business overnight.
And then a lot of people do it and realize how demanding it is on their time,
how challenging it is, how stressful it can be and overwhelming, how to manage people,
how to promote a product, how to build social media, how to build an email list, how to navigate
software, how to deal with people coming on and then leaving after you've trained them for years,
all these different challenges that come about. Legal fees and accounting, bookkeeping, all the
stuff they don't teach you in normal school.
What do you think is the biggest mistake
that most entrepreneurs make?
Is it launching too soon?
Is it launching without a game plan?
Is it hiring the wrong people?
What would you say is one of the main mistakes
that most entrepreneurs make when they get started?
I'm gonna try and give the shortest answer I can,
but it's hard to do and I'll do my
best.
So for 30 years, I have obsessed about entrepreneurs, what makes them successful, help them become
successful.
And after all of that experience, I wrote a book called Entrepreneurial Leap to address
exactly your question.
And what Entrepreneurial Leap does is everything in my power to
talk most people on the planet out of becoming an entrepreneur why is that
because most are not cut out to be an entrepreneur my math says about 4% of
the population has what it takes to be a true entrepreneur and so what's a true
entrepreneur six essential traits visionary passionate problem solver
driven risk-t, and responsible.
And if you have those things, you were born with them, they're ingrained in you,
then you're an entrepreneur and this is right for you.
And then the quick math would say that 96% of you probably should not do this.
Doesn't mean you can't be a lifestyle entrepreneur.
Doesn't mean you can't be a one-person show.
So that's, you can't be a sole proprietor.
Doesn't mean you can't have a side hustle.
Those are all fine.
But to build a business with people, you got to have those six essential traits and so I wrote that book to save
lives I'm trying to sell it don't do that I'm trying to help anyone out there
that thinks they want to do this that does not have the six essential traits
I'm trying to save them ten years of hell because that's what's gonna happen
and then one last little point is with that passion and
with that book, there's three parts. So what I do first is confirm that they have those six
essential traits and there's an assessment to do that. Then I show them a glimpse of the life.
Then I show them a path for how to become successful. I think I can help eliminate half
the mistakes they're going to make. They'll still make the other half, but that's the really long
answer to your question because it's not this one thing. They didn't have a business plan
It's not this one thing
It's there's more going on there
But it all starts with if you don't have the six essential traits my humble opinion one person's opinion with a lot of experience in
This you've worked with yeah, and I have thousands of exactly and I hope
Somebody proves me wrong. Okay. I hope I'm wrong. I hope i'm wrong that you are born with these in other words
maybe you can develop these traits you can't develop a trait but maybe you can so prove me
wrong out there but but i'm just trying to help because i see it and i see the ones that fail and
i see the ones that succeed and it's scientific i think so what i'm hearing you say is um if you
want to build a side hustle if you you wanna start an Etsy shop,
if you wanna do consulting on the side,
if you wanna make a product and put it up on Amazon
and be a one man show, you can do all that,
is what I'm hearing you say.
But in order to, what's the difference between doing that
where you're making side income
or maybe good money as a solopreneur,
what's the difference between that and an entrepreneur then?
Is it you've crossed a threshold of building a team?
Is it you've heard a certain revenue?
What does that mean?
Yeah, so here's another way I like to describe that.
So I'm going to answer it with this context first, and then we'll go into a little more
depth in what you're asking.
So I describe it as a range, the entrepreneurial range.
And on this side are the self-employed people that are one person chosen.
On this side are the true range. And on this side are the self-employed people that are one person chosen. On this side are the true entrepreneurs. And so I always describe it as, you know,
if you have handy skills, okay, you can become a handyman or a handywoman, charge 60 bucks an hour,
make a hundred grand a year and be busy for the rest of your life. That ain't such a bad gig.
That's total freedom. You're self-employed. But if you have these six essential traits,
you're not going to be able to stop yourself from thinking, wow, if I go hire somebody for 25 bucks an hour, I can go
do that job or find another job. And all of a sudden you will find yourself with a construction
company. The point is, yes, when you start to cross the second half of the range and go into
this true entrepreneur range where you're going to have people and business and grow and all these other things. It's, it's, it's, there's so much coming at you. You have to have a certain wiring
to handle all of that. And it's not for everybody. You described it better than I could. All those
things you rattled off that an entrepreneur deals with, it's all of those things. And it's not for
everybody. Um, and, and, and the E-th, for those that haven't read it out there,
is the perfect book to read because the point he's making is
most entrepreneurs have this entrepreneurial seizure
and they think they're entrepreneurs.
And so they're great technicians
and they think they can go start a business as that technician.
And it just takes so much more than just,
hey, I could go build a 100-person company.
So that's the best answer I have for you, but dig a little deeper if I'm not being clear.
It's interesting because I don't think I was meant to be an entrepreneur early on.
I think it scared me.
I was like, this is, you know, I would look at leaders, I would look at entrepreneurs
who are running companies, who started a company, I was like, I don't know how they did this.
This seems like they have some superpowers, some skills that I could never get to.
I remember as an athlete, I look at my life in sports terms.
As an athlete, I never wanted to be the quarterback or the main guy.
I was like, just throw me the ball, let me make a play.
Put me in a position to use my skills and my roles to make the best play,
to help the vision of our team win.
That was always my thing.
So I never wanted to take on all the responsibility
and the weight of being an entrepreneur.
For years, I was like, I wanna keep it small
in terms of just have a couple people on the team,
contractors, because the idea of having 20, 50,
100 people on a team seemed like just managing
so much energy and weight that I was
like, I don't know how to do that. I think then after years and years of doing it that way and
realizing I won't be able to scale past a certain limit, I was like, okay, I just need to figure out
the tools and find the right people who can take on those other things, the things that I don't
want to do. And so your book and your work has been really helpful in helping me transform the mindset to break through that wall. But I don't think it
would have been for me if a few things didn't happen in my life. My dad had an accident when
I was like 21. And he was always the one who was like, hey, just come work with me. And you have
your backup plan after your sports team is done. And I didn't have the financial backing or the spiritual,
the mental backing or that coaching and support.
And a few other things happened in my life where it kind of forced me into it.
But I would think I would have been super happy just working with a great team
that had resources for me to use my talents to make a bigger impact.
Yeah, you know, so I'd love to say this to that.
It prompts three thoughts, okay?
Number one is you were right to be scared.
It's scary because here's the other reality.
Even if you have the six essential traits,
you still have a 50-50 chance you're gonna fail, okay?
So even if you have them, it's not like you get to,
it's a guaranteed success.
So you had every right to be scared.
Number two, everybody that has these six essential traits, you don't become an entrepreneur at 18.
For some people, it's 18, 25, 35, 45, 55.
And so it's when you're ready.
And then the last point is, yes, most people become an entrepreneur out of some crisis.
So they got fired.
And all of a sudden
they're forced to go make an income. You, so you, I had no job also. I couldn't get a job.
You were forced. It's 2008. I remember that time. I was like, many entrepreneurs were spawned in
2008 and 2009 just as they're being spawned right now. So, so it was the perfect storm for you.
The timing was perfect. It was. And so that's you know that's that's my I think
I would have been super happy with like if there was a great leader that I was inspired by on a
mission to like make an impact and he was like we can use your talents and skills and plug you into
our system you get to work with the team you get to use your talents and help us reach our goals
I'm like this is awesome but there was nothing like that for me available at the time. Yeah. So I created the thing I wish that I could be a part of. And that's what it came from.
Yeah. And for what it's worth for me, I didn't know I was an entrepreneur until 29. Okay. Which
is still pretty young, but I, so my life from 18 to 29 was this mess that in there, you couldn't
possibly find what I was or what my abilities were.
And so graduated high school with a solid 2.3 GPA.
Academics are not for me.
Did not go to college.
I was not going to go to college.
All my friends went off to college.
Went to work in a machine shop.
Saved up a bunch of money.
I was going to become a business owner.
I was going to start a corporate travel agency.
Went and worked for one.
Hated everything about it.
Started buying and selling real estate. Got into real estate, took over a family business,
then found some mentors, coaches, classes. All of a sudden, after all of that, when I look back,
it's like I can see all the little lessons and learnings that got me to where I was. But oh my
God, it was the most terrifying, scary, insecure period of my life.
But out of that, you know, spawned an entrepreneur.
Yeah.
But that's 10 years of learning and growth. Of being lost and just trying to, you know, feel your weight.
What do you think was the greatest lesson you learned in those 10 years that supported you in becoming an entrepreneur that could thrive?
Yeah.
You know, the thing that just comes right to the surface is hard work. I
mean, it's just, I just learned to work. I love to work. And it's, and even in Entrepreneurial
Leap, as we're talking about that book still, it's, I say it over and over and over and over,
you got to work hard. It's, it requires, nothing is ever going to replace hard work.
Now, as we get into some of this other content, I assume we'll get there.
You know, like when we talk about the EOS life, you ultimately get to decide your 100%,
the amount of time you're going to devote to your craft and your work.
But in that time, you've got to bust your ass.
Okay, nothing's ever going to replace hard work.
What happens if you don't work hard?
You're just not going to get the results.
Or you're not going to get them as fast fast or you're not going to learn as fast. So there's so much
that goes into working hard. What if there's an entrepreneur listening or someone that wants to
be an entrepreneur that says, gosh, I just don't want to work that hard. I want to have a nice
little business that just makes me a hundred grand a year, a few hundred grand a year,
a million dollars a year, but I don't want to work like two, three hours a day. Yeah. I say to you, oh, I wish I knew how that felt. And I'm so envious of you
because that is contentment. And I wish I knew what contentment felt like. I hear it's nice.
So if you're out there and you say, that's all I want to make is a hundred grand. I don't want
to build an empire. Then go be that sole proprietor, one person person show there are so many ways to make 100
grand like i said handyman handy woman you know to pick an example that's non-tech if you have handy
skills you can literally make 100 grand a year be completely independent so i say to you hallelujah
for that exactly i just uh moved into a new place uh this last weekend and i had a task grabber come
into a new place this last weekend and I had a task rabbit come mount the TV this is guy comes he's probably 25 20 24 25 maybe 26 and I'm asking him I'm like I'm
just curious I'm like hey you know why what made you get into this he goes I
was working at Starbucks making I don't know 16 17 bucks an hour here in LA
whatever the minimum wage is now and And he said, I did this
because I heard a friend was making six figures
hanging TVs.
And I go, what's the most you've made in a day?
He goes, I make about 500 bucks a day.
And I, you know, but you're running around town,
you're mounting stuff, you're going into places.
It's not like the, maybe the most glamorous thing.
But he's like,
But this is my exact point.
Yeah, that opportunity exists.
And then real quick story, I have a friend.
So my daughter had a friend.
We became relative friends with their parents.
All as they grew up through high school, he worked at Ford.
But he always had a dream to be a handyman.
He just wanted to do that kind of stuff.
And so here he is today making his 60 bucks an hour.
This guy glows.
He's so happy.
Making more money than he made at Ford. And so here he is today making his 60 bucks an hour. This guy glows. He's so happy.
Making more money than he made at Ford. And he's just in heaven doing his thing as a one-person show.
I think the key of the EOS life, which I think is really great to talk about distinctions, is to do what you love.
People can do something and make six figures, but maybe it's not what they love.
It's like you can make six figures, but are you doing what you love? Are you doing it with people you love? Are you making a difference and an impact using your skills and tools
on the people around you? Which is something I talk about all the time. Are you getting
compensated accordingly? Maybe you are. So you're doing one of the five distinctions and you still
have time for other passions. Maybe you have that second one as well. But if you're not able to
create all five of these in your lifestyle, doing what you
love as an entrepreneur or a member of a team with people you enjoy being around, making
an impact.
It's funny because I talk about that on our team all the time.
We're here to serve people.
We're here to change lives.
We're here to create meaningful information to help people improve the quality of their life. We're here to change lives. We're here to create meaningful information to help people improve
the quality of their life.
We're here to make a difference.
You're here.
And every week,
we talk about the testimonials
and the impact we're making
as a team.
And I'm like,
if you're on board
to make an impact,
then you're in the right place.
If you're on board
just to make money
and you don't care
on who you're helping,
then this isn't the right place for you.
You got it.
Our goal is that you're able to do all five of these.
I think that's really cool.
A lot of people aren't able to do that.
Yeah, and if I may, because I really,
so I'm a teacher at heart, okay, I teach.
And we started with this conversation about,
should you become an entrepreneur?
How do you become an entrepreneur?
And as we work our way through the content,
we're jumping to this EOS life thing,
which I think is so great because we're book ending this for lack of a better term
but I want to as a teacher anchor this okay so I want to say in a nutshell it's
five points because I guess I fear your audience is so damn smart they're gonna
miss the point okay so it's five points living your ideal life this eos life as we call it at eos
worldwide you said it but i want to say it again it's doing what you love yeah with people you love
making a huge difference getting compensated appropriately with time for other passions i
just want to say this to that okay everybody there, it is that simple, okay?
And so everybody's, there's like,
they're reading a thousand different books,
they're trying a thousand different things,
they're working on all their baggage and all this stuff.
But what I wanna say is, for some people,
they're not quite grasping it
or they're not quite doing it
because of one simple mechanism I need to flip in their brains.
What's that?
Yes.
And that is they don't feel they deserve it.
Oh, the deservedness.
So I don't know if your guests are allowed to look in a camera.
But I say to all of you watching and all of you listening, you deserve it.
So this thing that happened to you, it usually happened at seven.
Yeah.
That you feel unworthy,
it's ****. So you deserve it. And so the second you realize, I do deserve to live my ideal life,
I beg you, it's five things. And the way we describe it is these five things, I already
said them. And this is whether you're an entrepreneur or not entrepreneur. It doesn't
matter. And the tools are so simple because it's one tool for each of those points
Mm-hmm, but the point is I get you to measure it
It's why I get you to literally say where are you on a scale of 1 to 10 with this one with this one with this?
one and it's about moving the needle and so if you're sitting there at a
5 out of 10 and doing what you love all you need to do is move the needle if you can get to a
6 a year from now,
that is a quantum leap toward living your ideal life. And for some people, they'll get there in
a year. For some people, it'll take them 20 years. But as long as you're moving in that direction,
it's heaven. And possible, you just don't feel you deserve it. And you do. So anyway,
for what that's worth. So how do people get to a place of knowing they deserve to have all five well it's you know so again it's it's when i'm doing
delivering this talk to an audience and i say that that you deserve it there are literally
tears okay so i can't tell you what that thing is for you um so i i'm trying to control my profanity
it flows out of me freely,
but I'm going to try and control it.
But we're all a little screwed up.
So I don't know the parts of you that are screwed up,
but you're screwed up.
I'm screwed up.
We're all a little screwed up.
And so it's different for everyone
why they don't feel they deserve this or worthy of this.
So you've got to figure that out.
For me, I just try and take you to this belief because I think I can create a breakthrough
for 25% of the audience with just what we've said so far.
But I don't know, it's different for everybody.
For some it was that prick father and for some it was that thing that happened to them
that was horrible.
It's different for all of us, but you deserve it. It's time to put it in the past and move forward. It's simple, not easy,
but it is that simple.
It sounds like for 10 years from, I guess, 19 to 29, you were figuring all this stuff
out, right? You were at different levels of each.
You were at different levels of each.
Oh, I was so screwed up back then.
Insecure, scared, jealous, fear of failure, fear of success.
I mean, you know, so it's interesting because we're talking about, for me, what was 30-something years ago.
And so if we look back to that and where I am today, I'm always a work in progress you know so you know always a
work in progress under construction over here but it's a quantum leap and so this is the point about
moving the needle I try and do at least one deep experience every year that clears something else
out man and when you hit one of those things doesn't do the floodgates open but but uh but
so I just keep working on myself and clear that stuff out, whatever it is.
And you just get a little bit closer.
You get a little bit closer to listening to your soul and hearing what your soul wants.
Yes.
And anyway, so I don't know if that's answering the question.
Sure.
What would you think is one of the original or one of the first biggest internal breakthroughs you had?
How old were you when you realized I deserve more than where I'm
at? What was that for you? What year and what was that breakthrough? Yeah. So it was 32, age 32,
because I always felt like I was going to be successful. There was not a question in my mind
and I've always been good at making my mind. And I've always been
good at making money. And then I've always been good at losing it. So I broke three times and
finally stopped around 32. But these two things are not together. But it was about vulnerability.
So at 32, I realized I saw the three foot concrete wall that I surrounded myself within. I saw it, and I said, holy crap, I am so afraid to be myself in this world.
Wow.
I am so afraid.
And, man, when I saw that, it started to come down.
It didn't come down quick, but at least I had the awareness.
And I sit here today, I don't give a **** what you think about me.
Right.
But that took work.
That didn't happen instantly at 32.
And I would suggest you at 54.
And just naturally, as you get older, you start to feel more that way.
But, you know, just in the last five years, I've really gotten to that place.
But it started at 32 when I saw it, man.
And it was this thick.
And then maybe a year later, it was this thick.
Yeah, yeah.
And then this thick.
So the walls kept coming down. But, man, that but man that was a chip away for a while though that
was a that was a game changer that's just covered that's interesting because
that was what 20 something years ago right or when so that would be 22 years
ago so that was really evolved thinking 22 years ago because vulnerability in
the world didn't really become more of an open subject, at
least in America, until about five, eight years ago with Brene Brown doing a lot of
that work and kind of making it more mainstream and people on social media talking about their
mental health and things like that and celebrities coming out about these things and athletes.
When I was growing up in the 80s, I wasn't allowed to be a vulnerable young boy, you know, around peers. We grew up,
you know, four hours from each other in the Midwest. If you were from Michigan.
Michigan boy.
And so I wasn't taught to be vulnerable. And I took that with me in sports and then I took
that with me in business, right? I was like, I'm going to win. I'm going to compete. If anyone
screws me over, I'm gonna get back at them.
Don't mess with my money.
Especially don't mess with my money.
Because when you're broke and you got no money
and someone steals your money,
you're like, we're about to fight.
You know what I mean?
So I took that mentality in the first four,
five years of business and it supported me
in getting to a certain level,
but it hurt me internally and hurt my relationships
and all these different things because I wasn't vulnerable.
When I learned the power of vulnerability and just allowed myself to accept and love
myself and be vulnerable with others, it changed the game for me entrepreneurially and in my
life and in my peace and everything here.
I get that all too well, my brother.
That's fascinating that that was a big breakthrough for you how important is it do you think for all entrepreneurs success in order to be vulnerable how how valuable is that
and if you're not vulnerable in today's world of business what is on the other side of that
yeah so again here comes the teacher in me so i want to create a little bit of context okay so
i can't help but say this so that your audience is kind of connecting with each piece of content we talk about.
Because there's five pieces of content that I have put out to the world, okay?
And so the first is Entrepreneurial Leap, which we just talked about.
The second is Rocket Fuel, which is the whole visionary integrator concept.
The next is Traction and EOS, which is the book Traction.
Each one of these are a book.
The fourth is the EOS Life, which we've touched on.
And then the fifth is 10 Disciplines for Managing and Maximizing Your Energy.
And the reason I want to say that is because now we're going to bring up a traction and an EOS topic.
Because when I learned this vulnerability thing, I started to apply it to business.
When I learned this vulnerability thing, I started to apply it to business.
So when you talk about how advanced that was,
literally 19 years ago,
I was teaching vulnerability to leadership teams.
And so I had the aha.
And so what I do and what I've done all these years
and what we now do at EOS Worldwide
is we work with leadership teams, okay?
And so picture you and whatever team reports to you that heads up the major functions. These are the three to seven
people at the helm of a 10 to 250 person company. And so in working with them, you know, we describe
our target market as somebody who is a team that is open-minded, respectful, growth-oriented,
and willing to be vulnerable. So I've been saying that for 20 years and long answer, but hopefully this makes sense. So in that work and in that aha, thank you, Patrick Lencioni,
if you know that name, because one of the things we do is I made every client read Lencioni's book,
The Five Dysfunctions of a Team, because Lencioni brought vulnerability to the corporate world and
got people to trust their fellow team members and be
vulnerable with their fellow team members. So I started teaching that, learned Lencioni stuff,
and I'm like, oh my God, he nailed it. And as I'm recalling this, my dad is really what helped me.
He was so powerful and able to be vulnerable. So the point I'm making though is we get these
leadership teams to be vulnerable, lower their guards,
and it's the same thing. You can watch that Teflon shell reducing and coming down. And as it does,
there are tears in our session rooms. It is group therapy. Again, it's business focused. We're not
sitting around crying all day in these sessions. These are hard charging leaders and entrepreneurs
building great companies. But what we're doing is getting to realize you're all a little screwed up none of us are perfect
right let's admit all of our strengths and weaknesses and let's go forward as a
team and build something amazing here and so we actually do this exercise
every year with them in the annual where they give each other feedback and what I
need you to start or stop doing and that's where they really kind of hit
him in the soul hit him in the heart with something they're doing that is doing more damage than good.
And so that's just an example of vulnerability.
But ultimately, we get to a point where that three to seven person leadership team every week in a level 10 meeting for 90 minutes, they're solving issues.
And it starts by them looking the other person in the eye and just saying the issue.
That's scary at first, but we get to a point where they just let it fly.
And it's just all just being real, open and honest, authentic, vulnerable.
And so, hopefully that all made sense.
But that's the EOS stuff and what we do for companies in the world.
What's available on the other side with vulnerability?
And what happens if the team or the leaders of the organization isn't vulnerable?
the team or the leaders of the organization isn't vulnerable.
So the practical business guy on me can't help but say, first and foremost,
it's getting to where you want to go about 10 times faster.
Being vulnerable is that. Exactly.
Because think of all this baggage everybody's holding and all of these resentments and whatever
all of that is, you're trying to win a race dragging 10 anvils behind you. And you cut those anvils loose and you're going to fly. That's the practical side.
The emotional side is that team is walking around 10,000 pounds lighter because this, the Teflon,
the concrete wall that's, I mean, you're walking around, you're carrying this thing with you
everywhere you go. It's heavy, man. It's heavy. And so to let that go and be free and fully be you,
your energy's bigger. Anyway, I could stop. Yeah, of course. I think everyone's a work
in progress, obviously. I mean, they got to want to be a work in progress. For sure.
One of the things that I use this platform as my personal reveal all the wrong things about me.
Here's everything wrong about me.
Here's all my mistakes and flaws.
And here's how I'm working to improve all these things.
And I feel blessed to have people like yourself who are so smart and talented to be able to bring wisdom to where I want to grow into in all the different areas of my life.
into in all the different areas of my life.
But the, and I remember specifically the show has been around for nine years.
And after six months, no, it was after a year of the show, I opened up and started being more vulnerable.
And I remember right when that happened, it was a year in, people started messaging me
and saying, Lewis, I don't know what you're doing, but the show is just so much better cool you know like you're you just seem more real
and like open I don't know what you did in your life yeah but I went through a
big transformation you know one of many that I'm still going through but it was
and I realized like everything started to grow in my business when I started to
bring the walls down here and not try to be as like competitive whatever and
shifting from competition to collaboration, I think, is really powerful.
Yeah, that's a great way to say it because picture that five-person leadership team going
from competition to collaboration, going from killing each other to loving each other.
I mean, you can do the math on the productivity from that alone.
And so that's the point I'm making is they literally get there 10 times faster because they're not running with anvils anymore.
Right. So you've got that one book that teaches you, okay, if you think you're an entrepreneur,
go through this process. Entrepreneur leap, yeah.
For those that are running their businesses, because we've got a big percentage of people
who are right now, and they just feel like, man, I'm just struggling, stuck trying to
get to the next level. I feel like I'm just not,
what I learned at one point is like,
I didn't feel like I was in my zone of genius all the time.
Because I was taking on so much.
And I wasn't trusting everyone to do the job right,
or I didn't bring on the right people, or whatever it is.
And we were talking about before that there's in the book,
is it traction in the book?
Yeah, traction.
Traction is what teaches you how to implement EOS into your business.
Yes.
And there's five different elements?
Well, that's different.
Yeah, so sorry.
But there's six key components.
Six components.
I feel so bad for your audience listening to five of these, six of those, 12 of them.
Oh, boy.
So there's six components of traction.
Can we break those down?
Yeah, yeah, for sure.
And again, teacher in me just wants to anchor this.
So, you know, when I talk about those five pieces of content, if you play that out, it
is literally the lifeline of an entrepreneur.
But it's for anyone when we get into EOS life.
But again, Entrepreneur Leap, if you're thinking about becoming an entrepreneur, let's pretend
you did.
Rocket Fuel is for you to understand if you're a visionary, how to go find your perfect integrator
match, which is a really important distinction. Let's go with that first. That's the process.
It really is because no matter where you are, because EOS is for a 10 to 250 person company.
If you're a visionary with two people, Rocket Fuel is where you need to start because you need
to understand this incredible being that you are, this genetic makeup that you have, this energy ball that you are. And when you
can learn how to manage and harness that and go find your perfect integrator match. So a visionary
is that wild and crazy entrepreneur that typically founds the company. He's got an idea. I've got
this vision. I think there's a problem in the world. I want to go solve this problem. And goes out and starts to sell that thing, create that thing, generate some revenue and build a company with people.
There comes a point when that visionary needs to find their integrator match and counterbalance themselves.
So the visionary can free themselves up to another level and that integrator can run the day to day.
And what happens, most visionaries never do that and they find themselves managing all these people, which a visionary is terrible at. And so you just get stuck. And so Rocket Fuel,
that book helps you break through as a visionary to grow to the next level.
Yeah. I remember before you go to the next point, I remember as I started doing this,
I don't know, nine, eight, nine years ago, I remember bringing on, I don't know, three or
four people. And for the first three or four people and for the first
three or four hours i i care so much i was just like tell me how's your day going you know and
then it would be like two hour therapy sessions every morning all right and it'd be noon and i
was just like yeah yeah wait i haven't done anything today now do the i didn't do anything
right they didn't do anything now i have 20 people and do that what's gonna happen to your business
and then i remember feeling resentful and frustrated because I was like, I'm spending
half my day just making sure my team feels good.
Yeah.
And helping them with their personal life and their problems.
And I'm not out creating revenue to pay them.
Empathy gets you in trouble, bro.
Yeah, exactly.
And that's when I brought on Matt.
And I was like, Matt, I think you'd be the perfect person to lead people and make sure
that you give tough love when you need to, make sure that you're empathetic, but then driving them.
And that's the beauty of finding your perfect integrator.
And again, we show you exactly how to do that, but you don't even have to tell them that because this is what they do.
This is their gift.
This is their energy, which is so different than the visionary's energy.
So you put those two energy balls together. Look out look out baby so they just know how to run stuff that they're gifted
at just running businesses managing people orchestrating all that human energy so that
you're freed up to just go do your magic and grow the business so what's a perfect integrator then
what do they have well so they are are great at organizing.
Yes.
They're very organized.
They're great at managing people, meaning holding them accountable.
They're great kind of taskmasters, if you will, in terms of holding people accountable to get the job done.
They're great at managing the P&L to make sure that there is a profit at the end of the day.
Yes, yes.
And then I always call it orchestrating or harmoniously integrating the major functions of the business.
And so in a business, you typically have marketing, sales, operations, finance.
They have this wonderful way of orchestrating those functions and get everybody rowing in the same direction.
So bottom line is they're great at running the day-to-day of a business and freeing you up as the visionary.
So hopefully that answers it.
So that's part of rocket fuel.
On that side, there's a very specific job description in rocket fuel.
There's eight very specific bullet points.
That is the job description.
For an integrator.
If you have a copy of rocket fuel around here somewhere, we can look it up, but I can't
rattle them off.
Right, right, right.
But there are eight points.
That is the job description of the integrator.
Okay.
And so what else do we need to know about rocket fuel?
Once we get the integrator, then how do we really we need to know about rocket fuel once we get the integrator
yeah then how do we really i would suggest that's it so every visionary out there just please read
that darn book it will be your salvation okay so just read it that's the how-to manual it will
enlighten you it will help you decide if you're ready because many visionaries aren't ready
and then it will show you exactly how to find them. Gotcha. From there, then we go to traction and EOS.
And, you know, traction and EOS, that's like the epicenter of everything, okay?
That is my creation from 20 years ago.
This is the system that we have 130,000 companies running on all over the world.
It's growing like mad.
We have 450 EOS implementers helping companies do that.
So you asked, you know,
what are the six key components? And so I'm going to lead into this again, always trying to answer
as fast as I can and not lose your audience with boredom. But what I realized at 29 is that I have
a gift for helping entrepreneurs. That is why I'm on this earth.
That is my purpose. That's what I do. And as I started working with entrepreneurs
and then their leadership teams, I have this ability to see patterns and trends.
And so what happened a couple of years in is I had this aha that every business has six key
components, every single business. And to the degree those six key components are strong,
ugh, everything falls into place
and that business is going to be great.
So it's only six, this, you could,
I'll debate it to my death,
it's been proven so many times.
So, but the other point that's really important is
it's about taking a holistic approach to making a company healthy. Okay. And so what
we're doing at the end of the day is we're helping that leadership team of that 10 to 250 person
company do three things, vision, traction, healthy vision from a standpoint of helping that leadership
team get 100% on the same page with their vision and their plan, where they're going, how they're
going to get there, 100% on the same page. Traction from a standpoint of helping them then execute, bring discipline, accountability,
and make the vision a reality. And then healthy, this is that vulnerability piece,
helping them become a healthy, functional, cohesive leadership team, because most of them
are dysfunctional. And then from there, as goes that leadership team, so goes the rest of the
company. We get to a point where then everyone in the organization is crystal clear on the vision,
gaining much better traction and much more healthy, functional,
and cohesive. So that's the end game in the fast version. The deeper picture is, so here are the six key components. In the form of a model, it's circular. Each one kind of looks like a pie,
if you will. But component number one is vision. And so that just means we got to have a vision. It's got
to be strong and everybody's got to share it. The next component is people, which means we got to
have all the right people. Our people need to be great top to bottom. We call it right people,
right seat. But the tool that we use is called the people analyzer. Very, very powerful. It shows you
the most simple, powerful way to make sure all of your people have the core values and get it,
want to have the capacity to do the job. The third key component is the data component, and that is
boiling all the moving parts of the business down to data, KPIs, metrics. We call it a scorecard in
the EOS process. You call it dashboard, million terms for it. But nonetheless, it's boiling it
down to data where that leadership team is running the business from five to 15 numbers every single
week. Fourth key component is the issues component, and that is about the business from five to 15 numbers every single week.
Fourth key component is the issues component. And that is about building a muscle top to bottom in the organization where that company solves their issues quickly. And so we show them an amazing
issue solving track that I created three steps, identify, discuss, solve. And that's where that
vulnerability is built and created. And so you should see it takes about a year to really master it.
But man, once they do, they have their issues list of 15 things.
They rip through that issues list because it's just free flowing, open and honest.
Nobody's got guards up and you're just solving stuff.
So when that component is strong.
And then the fifth key component is the process component.
And that is understanding that your business is comprised of a handful of core processes. You're looking at your business through a whole different lens now realizing
they're just a handful of core processes that make this business go around. Our marketing process,
our sales process, our people process, our ops process, our customer service process,
our finance process, only a handful. And when you see that, then you look at it, you say,
how strong are each one? Do we have undocumented undocumented? So everybody's doing it the same way. That's how you create consistency,
scalability for the organization. And then the fifth and final key component is the traction
component. And that's where you bring it all down to the ground and execute and make that vision
a reality. And so that's where we teach you some very powerful simple tools to help
you execute better bring accountability we're getting you to prioritize
quarterly through what we call rocks we're getting you to meet in a level 10
meeting that I created 90 minute weekly level 10 meeting that is absolutely
powerful and so those are the six key components and to the degree every
company out there strengthens them look look out, baby. And every time a company comes to us, almost always, they're at about 50% strong in those.
We get them to 80%, 90% strong, and it is like...
It's like rocket fuel.
It's like rocket fuel.
I mean, it's all the things.
It's amazing growth.
It's everything they want.
It's literally printing money because it's very profitable.
They're having a blast.
Everybody's high-fiving.
And then ultimately, and I'm not trying to take us there now, but ultimately,
then those people in that company are then living the EOS life, which is what's bubbled to the
surface. I'm not trying to take us there, but I'm trying to take it to the end result. But those are
the six key components. And again, the point I made a minute ago is it's taking a holistic approach
to treating the company because what's happening is there are, I always jokingly say, but I want to say it's scientifically true.
There are only like 23 issues in the history of business. Okay. It's like the same ones over and
over again. And I always also like to say there's 136 things going on. And so you have this,
all this stuff and it's very messy. And so everybody's trying to solve all these symptomatic
issues. And so they're trying to fix all these things when we get them to refocus on just six
key components and you strengthen those and the 136 things just fall into place. It's miraculous.
And it's been happening for 20 years with 13,000 companies. So at this point, it's kind of hard to
argue with it. And I say that,
I hope with the most possible humility, because I'm not trying to be braggadocious. I'm not trying
to toot any horns. It works. It's real. It's proven. There's not one ounce of theory. And so
that's the long answer to what traction is. What are some of the results that you see from people
once they, you know, after a year, they kind of clean up their stuff. Remember they were 50% of the way there,
but then they get to a seven, eight or a nine
on all six of these distinctions.
What do you see the results?
Are they doubling their growth financially?
Are they tripling?
Is it, you know, what does it look like?
Yeah, so this now all of a sudden,
this is going to be a segue into EOS life
because here's what the results are.
Okay.
And so let's pretend we get them to 80% strong.
They're now 80, 90% strong in each one of those key components.
So it is things like faster growth, assuming that's what they want.
And most do.
Not everyone does.
Substantial increase to profitability.
Okay.
So my clients grow on average 18% per year.
Profitability is substantially higher.
Wow.
That's great.
Happier people.
Yeah.
Less tension in the organization.
So I could keep going, but where I'm taking you to is,
so here I am, I created this, I'm
five years in, I engaged a marketing company to find exactly that out because I wanted
to put in a nutshell this amazing result that is EOS.
And I fully expected to hear what I just said.
I'm making more money than ever, I'm more profitable than ever, we're growing faster
than ever.
So seven out of seven clients, so this marketing firm reached out, met with seven of my clients.
And surveyed them and asked them.
Exactly.
And seven out of seven come back.
So here I am looking for this tangible money growth related thing.
Seven out of seven come back and they said,
I'm enjoying a better quality of life.
Yeah.
You're not stressed all day trying to put out fires.
A better quality of life.
No, they are loving their work.
It's the EOS life, but before we go there,
it's they're loving their work,
they're making more money than ever,
they've got a more balanced life.
And so here was my reaction though.
So the marketing company, I'm sitting in their office,
he says a better quality of life, and I'm like,
I try not to say profanity, but this was profanity,
but I was like, oh, how am I gonna market that to the world?
You know, an entrepreneur who's in pain and frustrated, the last thing they want to hear about right now is
quality of life. They want to solve their problem. They want to make more money. They want to get
their company growing again. So anyway, long story short, that's what was said. And I literally
shrugged it off because I was so obsessed about business results for these people. And so I just went to the business
results and that's what I marketed and promoted. And so then when I found my partner, Don Tinney,
he was my integrator. I was the visionary. Those were those two balls of energy coming together.
And we grew the company like mad over 15 years. it might have been like seven years in Don
noticed it again I shrugged it off I kept shrugging off over and over but Don
noticed it and it's Don that gave it the name of those five point he called it
the EOS life he called it doing what you love with people you love making a
difference getting paid well having time for their passions and I still shrugged
it off and then he taught it to all of our implementers
and they loved it.
And he saw it, so I fought this.
Because we're like, it's just about making more money
and growth and numbers.
Because I'm so business focused.
But all that said, I lived that EOS life
and have for 20 years.
It's a pretty good life I've created for myself.
And again, it's exactly what's in this book
is just doing that.
I just learned to do it 20 years ago.
So long story short, what happened is we do an annual EOS conference every year.
And it was the first one ever.
And they wanted me to keynote it.
And I had no idea what my message was going to be.
And then something hit me sitting here in L.A., of all things, at a Peter Diamandis Abundance 360 event at four in the
morning laying in that hotel bed at the Beverly at the whatever it was. Beverly Hotel. No, the
other one. But anyway, that doesn't matter. I can't think. 4 a.m. it came to me like a lightning
bolt. I've got to teach the EOS life. And so that's the day I stopped fighting it. I taught
it at our conference and then I taught it the next three years and I kept honing the message. And that's when I finally
caved and said, this is what the world needs. This is the end game. And so while we're talking
all business, you're right. Anybody out there listening, if you're not an entrepreneur, you
will still benefit by this. You can still live your ideal life. You can still live this EOS life.
And so that's when I caved and I sold the business
a couple of years later.
I was never gonna write this book.
I thought I was done writing EOS related books
and then a pandemic hit and a whole bunch of capacity
and I wasn't on a plane every three weeks and I wasn't.
So it just hit me that I said,
I gotta write the EOS life book and I wrote it
and here we are
Yeah, because this is whether you're the entrepreneur or you're not an entrepreneur
You want to do things you love do what you love with people you enjoy, you know, if you're part of a team
You want to be?
Using your skill sets and your talents on a team around people you enjoy working with whether you're the entrepreneur or not
You want to make a difference in the work you're putting into.
You want to get compensated well.
And you want to have time to do stuff on the side that you love, you know, friends, family,
hobbies, activities, travel, adventure.
You want to live your life.
Yeah.
And going to the part where I fight it, you know, so again, my obsession is entrepreneurs.
You know, I make no bones about that.
And I always like to say I'm ill-equipped to teach anyone anything else on the planet.
But man, when it comes to entrepreneurship.
And so, again, this is part of that fighting where my goal was to always give the entrepreneur this EOS life and this ideal life.
But what started happening is their leadership team members all started living the EOS life.
And then the companies that were savvy enough were helping their employees live the EOS life. And so now with 130,000 companies running on this system, we're starting to see company after company after company focusing on their employees, trying to give them the ideal life.
So it's like, oh, and so now it's like I would have never anticipated the reach.
And so here we are.
We're touching a whole heck of a lot more people than just that entrepreneur.
And so that's the goal.
heck of a lot more people than just that entrepreneur and so that's and if the goal if you're missing out on one of these yeah let's let's go back to
actually traction first yeah if you're missing out on one of these six vision
people right right people right see data the numbers issues handling issues
processes and then the attraction and the accountability stuff if you're
missing one of those yeah what happens to a business?
Well, so if you look at it as a journey,
the typical relationship and engagement with a client
lasts about two years between the implementer and the client.
And what we're doing is we're helping that client
implement EOS into their business,
and then we're getting the heck out of their way.
They graduate, they move on.
That's why I take great pride in it.
We're not trying to find our way deeper into a business. Anyway, I won't go on a soapbox about that. But we tend
to be able to get them within two years to that 80% strong or better. So if you picture where they
start at average of 50% strong in each one, the short answer is where they're weak in one, they're
just not as effective. And that's the squeaky wheel that we've got to strengthen. So somewhere between day one and the end of the second year when they're at 80% strong,
they're just not as effective until they get to 80%.
And then the reality is, let's pretend they get to 80% strong in all six.
You can easily go back to 70%, 60% if you take your eye off that ball.
And so you constantly have to manage keeping those strong.
And so the short answer is you're just not as effective.
So if the vision isn't as clear,
then your people are going to be just that much more unclear.
It's going to be that much more confusing.
So I always like to say, let's pretend a 50-person company.
Everyone in that organization clearly knows the vision.
And so what we do is we have that leadership team answer eight questions about their business. When they do, and they're all on
the same page, they then have a clear vision to take to the company. And so when all 50 people
see where we're going, how we're going to get there, our core values, the soul of the company,
when everyone sees that, you just literally eliminated 80% of their problems, miscommunications,
confusion.
So if they're at 50%, then you got that bumpiness.
If they're up to 90% and they get close to 100 on the vision component, just think of the difference in how much faster they're moving now because it's rooting out the confusion in the organization.
Okay.
Hopefully that makes sense.
Yeah, of course.
And then so if one of these things are missing in the EOS life, in a business,
or with an individual, what happens?
You just feel off, you're not as effective as well.
Something's missing in your life,
you're like, ah, is this the right place for me?
Exactly, so let's now, so if we're gonna go to EOS life,
so now again, let's go back to doing what you love
with people you love, making a huge difference,
getting compensated well,
and having time for other passions, it's the same thing. But what's so important here is, first of all, you deserve it.
Know that first. You start by deciding and setting where you are at this moment. And literally,
everyone watching, everyone listening right now, grab something to write on and with. And it's just
simply saying, doing what you love. Rate yourself right now on a scale of 1 to 10, when you think about everyone you interact with from a work standpoint, okay?
You mean like you're at work or other friends?
Right now, I want to keep it work-related because then the magic happens when you realize how to apply it to your life. But in terms of what you're doing all day, every day as a being, doing what you love,
a 10 is that everything you're doing, everyone you're interacting with is the stuff that
you love to do and you're great at.
Okay.
And so that's a 10.
And so I would urge you, rate yourself right now.
Yeah.
You're somewhere between a one and a 10.
Okay.
And let's pretend you're a five starting point.
With people you love, same thing.
Think about everyone you interact with in business, okay?
And this is employees, this is coworkers, this is vendors,
this is customers, this is clients.
Scale of one to 10,
how much do you love interacting with all of them?
And maybe you're a five there.
Same story, making a huge difference.
How much of a difference?
So within your work, the 100% that you you work of the hundred percent you're working how much of that is
making a difference in an impact rate yourself then we go to compensation
scale of one to ten hundred percent is you're making exactly what you want so
where are you if you only make an eighty percent of what you want you're at an
eight if it's only fifty you're at a five and then time for other passions says now you've protected your work time you only work
this much now you've allowed time to have balance take time off pursue passions so of a scale of one
to ten of the time that you're taking off 100 a 10 is that you're taking as much time off as that
that you want and you're doing the passions
that you want rate yourself so let's pretend you did that and you're five five five five five on
all three boom there you are today just start moving the needle yeah and we can go as deep as
you want but there's a very simple tool for each one of those and when you have that clarity it's
just moving the needle and if you move each one of those up one number every year you are five
years away from living your ideal life and being in sheer heaven.
For some people, it's going to take 20 years.
For some people, they'll do it in a year.
But that's the starting point.
And so when you ask what happens if someone's weak in one, well, you know, so I'll use me as an example.
Let's pretend hypothetically you score yourself 10, 10, 10, 10 on the first four.
But time for other passions, you score very
low. Because you're a workaholic, you're obsessive workaholic. Exactly. And that was me at all of
these, remember the age, like 28, 29 years old. And so my wake up call, because in my twenties,
as hard as I worked, I was also obsessive about learning. And so all of the great thought leaders, and I was armed with incredible
mentors. I was this machine and man, could I work and man, was I productive. And so I had the first
four down really well, but I didn't have the fifth one down. And so what happened to me is
I'm leaving for work one morning. I get in the car, my daughter comes out to the car I open the door and I look
down to her she was four at the time and I said hey sweetie and she looks up at me and she says
hey daddy are you going home and I was like oh so here I am I'm leaving my home to go to work
and she thought that was home for you she I was never around I was never she thought I lived
somewhere else because I was never around and so that was like oh my god I could feel the chills
now that was my wake-up call so to your point when one of them's weak that it's you're not complete
you're not a complete person and so now we can do that math on each one of them but when I had that
wake-up call everything changed from there wow um so then i got you know the the the fifth one up to a 10 um that's great but we can go
through each one when you say if one's weak what does that look like and and it's you can play that
answer you take a self it's a self-assessment assess yourself see where you're at i love the
simplified assessments i do this with myself as well on on a lot of areas of my life yeah
one to five one to ten whatever you want to call it.
Where are you at?
And what's the next step to get you a little bit closer?
You don't have to be at a ten overnight.
Exactly.
And we're not all going to be there overnight.
But it's like, okay, what are the things you can do every day to help you get a little bit farther?
And here's the other beauty.
Just do that and rate yourself.
The awareness alone, your subconscious will not leave you alone.
Once you see, I want this life, I believe I deserve this life, and I'm at a five and I need to go to a ten.
You'll have attention towards it now.
You will not shake that thought ever.
And you will naturally start moving in that direction.
And that's why I'm also saying it is this simple everybody and so I know you're out
there reading a hundred books and you're trying a hundred different things to live your ideal
life, it's these five things.
Yes, and assess it and where you're at and where you want to be.
Start moving it.
Start moving it.
You mentioned earlier about your fears.
I think it was in the first few minutes of the interview, you briefly mentioned this.
Fear of failure, fear of success.
Fear of everything.
You had a big wall because you were insecure, jealous, or whatever.
I call that the fear of judgment, fear of what other people think about me.
Of those three fears, fear of failure, fear of success, fear of judgment, what was the
biggest fear for you to overcome?
So this is really interesting you're asking this because two months ago, I would have
told you fear of failure.
So it was fear of failure up to 35.
It was fear of success from Really? From 35 to 40.
Oh, I was so terrified.
Of succeeding?
The thought of doing this podcast and putting myself out there was petrifying.
Why?
I don't know.
I literally felt like somebody was going to kill me.
I literally, it was, it's going to come to judgment because we're getting to this third one.
I was terrified.
I don't know what it was.
But you were succeeding.
Exactly. So you were afraid of success.
Yeah, so once I turned that corner and I was succeeding,
I was terrified of success.
Why do you think you were terrified of it?
And why are people afraid of succeeding?
Well, right now, so let's go to the third one.
So then, so what I learned,
this came to me so clearly in the last two to six months, judgment, that I became
hyper aware of how judged I felt by everyone.
By everyone and everything?
It was like the most disgusting, gross feeling.
But fear of success, fear of failure, it's all judgment.
It's all judgment it's all judgment so here i am oh this being for 40 54
years of feeling judged and i just you know i meditate a lot and that really helps you process
and connect with whatever it is that you connect with and man it is it was it's been a light bulb
moment because i when don't give a.
But it took you 50 years.
Exactly, and by the way,
definitely progress over 54 years.
It's not like it was a complete light bulb moment.
I saw little bits of it,
but it came really clear in the last few months.
So do you feel like the fear of failure and success
was based on the judgment, fear of judgment?
If I look at it, for sure.
Because think about it.
I feared failure because people would, you know, laugh at me.
If I failed, oh, how embarrassing.
I wasn't worried about me failing.
I was worried about people's perception of me failing.
Me succeeding.
That wasn't worrying about me succeeding.
It was worried about what other people were going to say and do.
It was all about them, them, them, them.
It's all judgment.
It was all judgment.
This is my journey.
I'm not trying to teach anybody anything right now.
I'm just telling you my personal story.
Wow.
And again, like I said.
How did you flip the switch then from saying.
I wish I could tell you.
But I stayed with it and I sat in it.
So like what I've learned as well is whenever you have pain,
and I saw your book, Letting Go, on the shelf there,
that book teaches you how to do this.
And Untethered Soul, we briefly talked about, that teaches you.
But when you have pain, and so again, some of us are sitting with that seven-year-old pain,
when you hit that, you have to sit in it.
And sometimes you sit in it for a minute, and you cry your eyes out, and it hurts like hell, and you want to sit in it and sometimes you sit in it for a minute
and you cry your eyes out it hurts like hell and you want to keep stuffing it down but at some
point you gotta stop and sometimes you have to sit with it for months and this one i sat with
for months so i just was just very aware and i just what was the pain for you um
i wouldn't describe it as pain.
I was disgusted with myself.
I was disgusted with myself.
I was so...
How could I let...
How could I worry so much about people's judgment?
So that's all pain.
The root of all that is pain.
So I can't describe it as pain to you now,
but it's just sitting in that disgusted feeling like, oh.
Is this like every day you would think about?
Like, what does this person think about me?
What is this?
I'm putting this book out.
What are people's reviews going to be?
So I would say, no, it wasn't that specific.
It was just being really hyper aware.
Because then somebody shared something with me that was really cool.
And they said
so all day every day think about every decision you make and everything you do and are you doing
it out of fear or are you doing it out of love and every decision was out of fear really fearing some
ramification not everyone i'm not being a little too extreme but most of them but a lot i mean a
lot of them yeah yeah so that's it's all in there it's it's interesting so it's really really powerful and again I'm not
saying I'm a work in progress man and I'm gonna be working on this one I'm a
hundred as well but that was a good aha and that was you talk about being ten
thousand I shed a lot with that awareness I'm floating a little more
today you know you gained yeah you're ten years younger now yeah yeah exactly because i think this is a this is something i've been thinking about for a while
that the the you know you mentioned it already you gave the answer the fear of failure the fear
of success the fear of judgment the core of that that i've realized and learned from all the people
i've interviewed in my personal experience is that at the core of that is i don't i don't feel i'm
enough yeah everyone doesn't feel that they're enough. So when we go back to knowing that you deserve it, which is what you've been saying, you deserve it,
then people, and this is something that I believe also, people are going to judge you if you're on the couch making no money,
and people are going to judge you if you're at the top of the mountain.
They're going to judge you every stage of the way.
But also, here's what else is worse.
Most of them aren't even thinking about you.
You're sitting there worrying about their, half of them aren't even thinking about you. But know, you're sitting there worried about their... Half of them aren't even thinking about you.
But yes, the rest are judging you.
You can't...
I mean, anyway, I cut you off.
Exactly.
No, you're right.
I'm going to shut my mouth.
I couldn't...
No, you're good.
I mean, I think people are going to judge you no matter what you do.
So you might as well do what you love with the people you love.
Make a difference doing the things that you're good at.
Get compensated in the process.
Yeah.
And have time to enjoy
your life on the side if everyone knew this is part of the mission that I'm on
is giving people the tools to learn how we got here just in time you got here
just in time it's to learn how to heal whatever that thing is inside learn how
to heal I think that's the most important work that we can as humans
learn to do learn how to heal whatever frustration from career, business, relationships, parents, family, whatever it is.
Something in the news we saw that triggered us, like figure out where does that trigger come from?
Learn how to heal that thing because it'll shed that weight.
It'll give us confidence and courage to go after what we want, to ask the hard questions.
Yeah, and this is going to piss a bunch of people off,
but I want to say it because you're so right on.
So in my humble opinion, I happen to agree with you 100%,
and it is simple to heal that.
Now I just pissed off all the psychologists.
Half your audience is mad at me now.
But it is simple is what I'm learning.
But here's how I'll try and make it simple because it's definitely hard work yes but it's starting by
saying i've got pain i'm screwed up and i don't want that pain anymore and i don't want and so i
want to i want to acknowledge identify discover all of my pain where it came from and i want it
gone and there's a thousand
different ways to do that. So I don't think there's just one way to do it. Just start by saying,
I'm screwed up. I've got pain. I want it gone. The second you decide that, the answers come,
because that's what started to happen for me 20 years ago. And these people would come into my
life that would take me deep, help me with things. So you got to start by just saying, I want it gone.
And be willing to try stuff.
Okay.
You got to be willing to cry.
There's not any, each time you get rid of one, oh, there's going to be tears, man.
So get comfortable crying.
I think I cried a lot from like zero to seven or eight years old.
Yeah.
And I would cry, you know,
I remember screaming for my mom at the top of my lungs,
probably once every two weeks at like 1 a.m.
Cause I was just terrified.
And she would come and sleep next to me,
probably till I was seven, eight years old, right?
Like once every couple of weeks at least.
Then, you know, as you get older
and you show a little emotion in grade school
and kids start making fun
of you you learn to toughen up right or this was my experience i don't know if this was like you
i'm relating brother especially in the midwest i didn't grow up in like you know a hippie commune
where everyone loved each other you learn to toughen up and live up to the standards of society
and how it was portrayed and then i held on to this wall for I don't know 22 years probably
right and it and it built me into a athletic machine a business machine
competitive machine yes but it left me feeling so unfulfilled hurt lonely sad
jealous insecure afraid for 20 years and I think I was making decisions based on fear
for a lot of that time.
And it wasn't until so many things
were breaking down in my life.
And I was just like, I'm making money
and this looks good on the outside,
but why is everything seems like it's suffering?
And that's when I started the healing journey,
which is a journey because it's not like
it happens overnight.
It's been a eight, nine year journey now.
And if there's a million people listening,
half a million just agreed with you and know that.
And so just to play along with you,
my crying years were 11 to 15.
I was such a sad kid.
It was so painful in those years.
And then I became a workaholic at all of my 20s.
So that's how I hit the-
You channeled it.
Yes, exactly right.
So it's identical, but now a million people
maybe can relate, it's the process.
And I've cried more in the last eight, nine years.
I feel like I've gone back to my childhood of like,
I'm just allowing myself when I feel it, like let it go.
And it's incredible, the lightness, the lightness of it.
And I think you have to get to, or I had to get to a place of like,
it doesn't matter what people think of me when I'm vulnerable, judgment.
Because I was so afraid of people making fun of me if I cried.
Or if I just expressed a vulnerability.
You don't have to cry to do that.
And once I did it once, I feel like it took 20 years of courage to build
up to do it that one time. And then it became easier every time to just speak what I need
to speak, to express myself vulnerably. And it feels incredible. It doesn't mean there's
no problems or challenges, but it feels incredible to be on the other side of that journey. But
it all goes back to knowing you deserve it and knowing you're enough. Whether you're in business, in a relationship, in health,
it doesn't matter.
That's why I started there,
because if you can't get past that hurdle,
everything we're talking about is meaningless,
and the subconscious is not going to allow you to have it.
Yes.
So you've got to get past it,
and you've got to believe you deserve it.
And we're talking about letting go,
so it's David Hawkins, right, is the author? go so it's David Hawkins right is the author I think
everybody's a lot so he's this great quote I'll mess it up but he says you
know your subconscious will only allow you to have what you feel you deserve
and so this is what we're talking about here if you don't feel you deserve it
you can read a thousand books you're not you're not gonna start to move the
needle and here's what I realized this was the secret for me there are I remember
here's an example there was a kid in my high school I was a I was a freshman or
I was in eighth grade and he was like a senior at the at the school he was the
most talented freak of nature athlete I've ever seen ever in my life like I
think he was more talented than the
guys in the NFL right now. He was a freak, like a sculpted muscular genetic freak. He had like a 44
inch vertical. He ran like a four, three, 40 yard dash. He was unbelievable. Did you say eighth
grade? Did I hear you say that? He was a senior. He was a senior, okay. In high school. I was in eighth grade.
So he was like four or five years older than me.
And I would just watch this guy.
And I was playing basketball with him and all the upperclassmen because I was taller
and they used me for that.
And I was like, this guy is a freak of nature.
And everyone was like, you're the man.
Everyone.
But he didn't believe it.
Everyone believed in him.
Everyone would give him the ball,
but then he would buckle under pressure.
It just ate my heart aches.
He didn't even go on to college to do anything,
and I was like, give me some of that talent.
Like, I'll use it.
And it doesn't matter if the world believes in you.
If you don't believe in yourself,
and don't believe that you're deserving,
and don't believe you're enough,
it doesn't matter all the skills and talents, you're going to fumble the ball at some point.
The other flip side of that, it doesn't matter if the world doesn't believe in you.
If you believe you're enough, if you believe you're deserving, you can take on any challenge
you want in a beautiful way. And that's the lesson that I had to learn. And I saw that many
times with great athletes who never made it because they didn't believe they were deserving. Exactly.
It's crazy.
Crazy.
I'm curious about the entrepreneur who has a big vision, a big dream.
They want to go serve the world in a massive way with whatever their skill or their tool is.
How important is it to have an amazing partner, husband, wife on your side, whether you're the female entrepreneur
or same sex marriage, whatever it is,
how important is it to have a marriage component,
a healthy marriage partner with you as the visionary?
And what have you seen from the thousands
of entrepreneurs you've worked with
on what they've shared on divorces they've gone through,
partners that were amazing for them, partners that sucked the energy out of them.
You've been married for almost 40 years.
Been married for 30.
We've been together for 37 years.
So almost four decades.
What have you learned from your relationship journey?
You don't have to share everything, but what have you learned from what it's like having
a partner by your side, what that's the importance, what you need from them if you're the crazy visionary, and what to look out for in a relationship.
Because I truly believe the quality of your life will be highly dictated by the partner that you're choosing to be with.
No question.
No question.
You've got a lot more wisdom and experience on this than I do. And you've done pretty well in your business.
So I'm assuming things have had to go well for you to be married for this long to a certain degree.
Can you shed any light on this?
Sure.
Yeah, for sure.
And I don't hold myself out to be some marriage expert.
And the last thing I'll ever do is say my marriage is perfect because that's the kiss of death.
So it's always a work in progress.
But when you ask that question, I'm calling on a thousand experiences. So I'm going to say a
few different things. If you'll just let me go for it. So first, you know, the answer to your
question is it is vital. You have to have support at home. So if you are a visionary, crazy
entrepreneur, you've got to have support. So if you have someone at home, a significant other
that does not support you, is constantly upset because you're working too hard, is constantly
upset because you're not home, whatever it is, you've got to have that support. But that support
is also an agreement you have to have. so again, my intensity and the way that
I work, I work 55 hours a week, 40 weeks a year. I still take time off. I take the month of August
off every year I have for 20 years. So, so, you know, I am relatively balanced, but there's no
question the 40 weeks that I'm working a lot of times I'm not entirely there because there's so many things
I'm thinking about and my creativity is through the roof. And so Kathy, my wife, has been
incredibly supportive. I am so blessed how she supports me. And she had an entrepreneurial
father, so that helps. So the short answer is it's incredibly helpful. And then when I talk
about these thousand things, a really funny story is one of the EOS implementers tells a story about how they were in a session and these
sessions that we do with clients they're really intense you know because we're helping them build
great companies we got to clear all the crap and so it's a husband and wife and they literally
decided to get divorced in the session literally in the session in front of everybody and then
and then she leaves. And then it was
funny because it was, I think she was the integrator. She left visionary. So there,
then the visionary looks at the implementer and says, Hey, can you give me a ride home?
Cause we drove here together. So, so the point is it is, it is vital and you just,
it pains me to say this, but you have to really look at your support system because when we talk
about the EOS life and
doing it with people you love, what I push you to do out there is not only think about
once you get the business part down and you're surrounded by people you love in your business
and your customers and clients and your vendors, I urge you to expand your circle to your friends
and family and make sure that when you are with everyone in your life, your energy fills
up as opposed to drains.
And if you have someone at home that is draining your energy, listen, we are not all meant to be together forever.
I don't subscribe to that belief.
Now I just pissed off 20% of your audience.
But if you don't have the support system, you just have to make a decision.
And so this is why some people don't take the entrepreneur leap is because they don't have the support ah and sometimes their significant
other is correct so they've probably saved your life but but you have to look at that and you
have to make a decision and you have to have an agreement in my humble opinion i i am just blessed
because i don't know what would have happened if kathy wasn't supportive because i i i don't know
how to not be this passion i don't know how to not put this dent in the universe i don't know how to not be this passion. I don't know how to not put this dent in the universe.
I don't know how to not do this work.
And so it might have ended badly for us, but who knows?
You know, it's like I was going to go in the military out of high school because I was such a derelict and lost and scared.
And she talked me out of going the day before swearing in.
Come on.
But I knew she was the one.
And I just, I knew she was the one.
And to this day, I know I made the right decision there just I knew she was the one I'm into this day
I know I made the right decision there. And so the point is, you know, I got lucky. What are three questions or
Conversations they should have knowing they're about to go on a 10 20 30 year run. Yeah
visionary
Insanity, I feel nothing but heaviness aches and pains right now
And here's why I am ill equipped-equipped to talk about relationships.
But the people that you've worked with.
I know.
If you're like, you know what?
If they just asked these three things and got clear on it before, it would have helped.
Yeah, but let me talk this out because I am not great with relationships.
It takes work.
It's constant work.
I'm so intense.
I'm so many.
I'm a control.
I'm so many things.
These poor people in my life.
But somehow they love me and somehow they support me
and I love them so much.
Relationships are not my expertise,
but knock on wood, my kids love me, my wife loves me,
most of my family loves me, most of my friends love me.
But I can't answer that.
I mean, literally my body is like, I feel heavy.
So when my gut tells me don't answer that, I'm trusting my gut because I just, I ain't that good, man.
But man, you need help running your business?
You're the guy.
I like that.
But help with your marriage?
I can't do it.
It's not my thing.
Would there be a conversation you'd have before that in the marriage, though?
Knowing everything we talked about.
marriage though knowing everything we talked about so if I am in the audience listening right now hearing this guy ramble if I'm in their shoes and I just
met somebody who I think I love yes I'd have this conversation tonight that hey
I just had an aha I'm a crazy frickin visionary entrepreneur and I'm gonna be
obsessed for the next 40 years and I can't turn it off. And so
before we go further, I just need you to know what you are about to join forces with because I don't
want to let you down. And I don't, so that that's what I would do if I'm hearing this sitting in the
audience. I didn't have the luxury of having that conversation with Kathy. We're having those
conversations now. Um, but, uh, but I got those conversations now. But I got lucky.
You know, I got lucky.
That's beautiful, man.
And somehow she puts up with me, man.
God, I don't know how she does it.
But she does.
I love her to death.
That's great, man.
What else do people... Okay, so there's also three things I think you mentioned in attraction.
Yeah.
The accountability chart.
And then people in the right seat, the right people, right?
Is that what it is?
So now let me get back to being comfortable now because I'm shedding this relationship thing.
You said when you're…
Well, there's five foundational tools in EOS.
And I'm just thinking about your audience, five, six, three, four, three, four people out there.
And I was just thinking about your audience, five, six, three, four, you poor people out there.
So in EOS, there are 20 tools we ultimately teach you that you embed in your organization to build a great company.
But there are five of them that we call the foundational tools.
And if you just implement these five, it's 80% of the battle.
So the first one is the vision traction organizer.
The second one is the accountability chart. Third is rocks. Fourth is the level 10 meeting. And fifth is scorecard. And so very quickly, number one, the vision traction organizer, that's that
tool that we get you and your leadership team to answer eight questions about your business.
When you all answer it a hundred percent, you've got a vision and plan. Accountability chart is the tool we get you to take a big step back now
that you know where you're going. What is the right and best structure to get you there? And
so we literally help you create the structure for your organization. If you want to go from 10 to
50 million, we help you create the right structure so that you can then get to work on getting all
the right people in the right seats. Again, these great people you want to be surrounded by.
Yes. Number three is rocks. That's quarterly prioritizing. And so I had a
discovery when I took over and turned around the family business. And it was that human beings have
a 90-day attention span. I call it the fray. And so I would meet with my leadership team. We'd have
these great meetings. And then I'd find out 90 days later, I realized we don't even know each
other anymore. We're so off the same page. And so we started meeting every 90 days and I realized there's this 90 day pulse that's just so powerful.
And so what we get every client to do is come together every 90 days and set new priorities
for the next 90 days. Three to seven, we call them rocks. That's cool. That's the Stephen Covey
analogy with the time management, rocks, sand, pebble, water. I learned it from Vern Harnish.
He learned it from Stephen Covey. And Stephen Coveovey if you work it all the way back it's comes from biblical times but it's a very
powerful time management teaching level 10 meeting is a 90 minute weekly meeting that
I created that is a very powerful meeting it's getting that leadership team to come together
every week and solve all their problems get on on the same page, know where they are. And then number five is the scorecard. That's that five to 15 activity-based numbers the
leadership team's looking at every week to make sure everything's on track. And so if you just
implement those in the organization top to bottom, it's 80% of the battle in the OS. Very, very
powerful stuff. Very, very simple stuff. Simple, powerful stuff. It's all simple, man. That's the
thing. That's the number one piece of feedback we get.
Man, this is so simple.
Once you get it in place, and that's everything I do.
Simple, practical.
It does not have to be complex, everybody.
If someone's watching or listening, and they're like, man, is this all in the book?
Or do you have charts that people can print off and make them top all these five things?
It's all in traction, and everything is downloadable and free from the website.
So we want you to self-implement this.
You don't need to pay us a bunch of money for this.
Go to eosworldwide.com, read the book, download the tools.
It's all there.
We have 130,000 companies self-implementing it all over the world.
Now, like I said, 13,000 have engaged us as EOS implementers
and taken through the process.
So you decide if you need the help.
Yeah. But you do it you need the help. Yeah.
But.
You do it yourself or you can have the accountability
from somebody on your team.
So EOSworldwide.com, they have all the downloads.
Yeah.
For free.
You got it.
That's pretty amazing.
So people can print them out, they can save them,
they can start implementing them and move on.
Abundance mindset, we give it away.
Smart man.
And if you need help, call us.
And fortunately some do, which helps. But no for you can go buy a $20 book and download
everything for free and you're running I think just run it you guys amazing man
where do people find the most challenge on these five tools what's the hardest
thing well so the way I describe it is when we start the process with a client
the very first session which is a full day session, the first three hours of that session, we are creating your accountability chart.
So literally within 30 minutes of knowing you, we are creating your accountability chart because I always describe it as the accountability chart is the root of all evil for every company.
Okay.
Yeah.
Most of the problems lie in the wrong structure and the
wrong people in the wrong seats. And so what we do is first get you to all agree as a leadership
team, this is the right structure to get us to the next level. And in that three hour conversation,
we aren't even talking about people yet. We're just trying to get you to get your structure right.
Meaning what? Like, okay, we don't have a sales per... Meaning who's the visionary,
who's the integrator, not who, I shouldn't say who yet. Visionary integrator function,
do we have a marketing function? Do we have a sales function? So it starts with a basic belief that there are three major functions in every business, sales and marketing, operations,
finance. From there, your organization is going to have three to seven major functions because
sometimes you have IT, NHR, customer service, account management, marketing. Nonetheless, it's agreeing on those
major functions. And then what is the structure below those functions? When that is clear,
then we go to work on putting all the people in the right seats. And sadly, if you're a 50 person
organization, we do that work. Not all 50 are going to have a home after that exercise. So
you made some mistakes growing and building your business and we are going to have a home after that exercise. So you made some mistakes
growing and building your business, and we're going to clean all that up. And so as important,
the 50 in the organization, that leadership team is going to get cleaned up. So 80% of the time,
there's going to be a change on that leadership team. It's one of the reasons the company's stuck.
They're keeping people around that are just not getting them to the next level. And that we
address in that three hours.
And so everybody gets a real-time performance review,
get it one at capacity, very, very powerful.
And you pretty much know who's going
and who's staying at the end of that.
What happens when an entrepreneur keeps on 5, 10, 20 people
that aren't in the right role?
Or aren't the right people, don't have the right tools,
and they're not in the right role.
What happens if they just continue to keep them on,
like hoping they figure it out, you know,
trying to push them in certain directions and giving them opportunities.
Yeah, well, it's a couple different things because, again,
they're just not going to get to where they want to go,
or at least they're not going to get there as fast as they want to go.
They're not going to fully live their EOS life
because they're not working with a bunch of people they love.
They're not doing what they love
because they're dealing with this poisonous energy in the organization.
And again, let's assume these five people don't belong in this organization.
They are deteriorating your culture.
They're chipping away at what you're trying to create.
They're holding your back.
Again, it's those anvils that you're dragging.
And so you've got to make those people changes. But if you won't, then you are
forever going to be experiencing some level of frustration and some level of resistance to you
getting to where you want to go. Wow. Yeah. Why do so many people, including myself,
not make those decisions faster? Because you're wim so it's most of it is just fear i mean
they're people these are human beings you love them i mean come on we we have compassion we
have empathy but you have to make a choice and so we always say for the greater good of the company
what's the right decision you know again love or fear and it's always fear in that case so
we're human beings and it's not easy to fire somebody but you you have to make a fundamental
decision if you're a 10 million dollar company you want to go to fire somebody, but you have to make a fundamental decision.
If you're a $10 million company, you wanna go to 50.
Yeah, I mean, you gotta make tough decisions.
This is why you gotta decide,
do you really want that thing?
And most don't.
So nothing wrong with staying a $10 million company.
But if you wanna go to 50,
you gotta make some decisions.
What's the difference between $10 million
and a $100 million company?
Well, here's what I always say. Whenever I have a client that says they want to build a $100
million company, I always say, do you really want to build a $100 million company? So the example I
give is it's a heck of a lot easier to have a $10 million company that throws off a 20% profit
than a $100 million company that throws off a 20% profit than a $100 million company that throws off a 2% profit.
Same profit, same bottom line, same money going in your pocket.
10 times the people, 10 times the complexity, 10 times the everything.
So it's just not all it's cracked up to be.
But it's okay if that's what you want.
I've got lots of clients that go to $100 million.
You just have to know that that's what you want and you want that complexity.
And I hope you're generating a 20% profit at $100 million.
But keep it in this proper perspective
because what is the motive?
Why are you really wanting to go to 100 million?
And when we dig into why and we facilitate
that leadership team having that conversation,
in almost every case they say,
whoa, whoa, whoa, we don't want 100 million.
We're good with 30.
Why do most people want to make 100?
The people that say, I want to.
Because everybody's saying 100.
Now it's a billion, by the way.
Everybody wants to be a billion dollar tech unicorn.
Okay, because that's what the media is telling us.
It's, come on, not everybody's cut out for that.
Most aren't, because that's what they're hearing.
That's what the organization,
everybody's talking about 100 million.
So they just, they hear it and they think,
wow, 100 million, that's got a nice ring to it.
They just have no comprehension of what,
of the hell they're about to put themselves through
if they don't really want it.
But for the ones that want it,
they make those really tough decisions
and it's masterful and it's beautiful and it's impressive.
For the ones who say, I want 100 million,
here's exactly why.
And you heard them say like an amazing answer,
not just because, well, the media is saying
everyone's selling for 100 million or whatever.
What is that answer that you heard?
Well, the visionary's rambling about why they want $100 million and the rest of the media is saying everyone's selling for 100 million or whatever. What is that answer? Will the visionaries rambling
about why they want $100 million
and the rest of the team is going,
it's making no sense to nobody,
including the visionary.
Once they keep talking it out,
they're going, maybe I don't want this.
But one last point that came to me,
so let's pretend they say they wanna go to 100 million
and you have a $10 million marketing person.
You gotta fire the marketing person, like tomorrow and go find $100 million marketing person. You gotta fire the marketing person,
like tomorrow, and go find a $100 million marketing person.
You don't have the luxury of training that person
up to be a hundred, in most cases you don't.
So you gotta build a $100 million leadership team.
Half your team's going, stop.
And the leadership team you started with
is never the one you end up with.
And so that's the bitter pill,
you gotta be tough enough to understand that.
And your team needs to understand that. And your team needs to understand that.
But your team needs to understand,
if you're all $100 million people,
you're gonna be here forever.
But the day you can't keep up,
listen, we'll move you down to another seat,
we'll move you to another company,
but you gotta go because we need $100 million people here.
And you're tough enough to do that stuff, and most aren't.
That's interesting.
It's really simple, but it's really hard.
It's interesting.
I've never really focused on the money.
I've more focused on the impact.
And as I go along with it, I'm like, listen, I want to make money.
It's not that I don't want to make money.
I'm not a charity here.
I'm a business and I want to grow and I want to continue to impact more lives.
And I know that our mission is to serve 100 million people weekly to help them improve the quality of their life.
And I know that in order to do that, we need more people.
In order to do that, we need more revenue.
It's like all those things come together.
But I'm clear on the mission.
If it reaches $100 million in revenue a year, awesome.
If that's what it's going to take for us to reach the mission.
But I'm focused on the impact first.
I don't know if that's the right philosophy.
Well, but watch this, though.
So now, this will give you a flavor for a session
with an EOS implementer because,
so if I'm sitting there with a visionary,
and the visionary says,
I'm not concerned about the revenue,
I'm concerned about the impact,
and let's pretend they're a $10 million company,
and he's saying or she's saying
they wanna go to 100 million,
I'm gonna say, okay, if that's true, I can show you where you can impact a hundred times more people
and only be a twenty million dollar company so are you bullshitting me and
you or is it real because let's look at EOS worldwide 130,000 companies running
on EOS by downloading free tools buying a $20 book. Mm-hmm. That ain't a lot of money
I make two bucks a book right, right, so
That's impact
So that I would challenge that entrepreneur and say if that's really true
Then let's talk about how you make more impact and that doesn't necessarily have to mean a hundred million
So what is really true for you now? I'm a capitalist. Okay, Mike making money is good
We all need to make lots of money because we do great things with it.
So I'm digging into, you know, how much do you want to make?
What's important to you?
What is really important?
What's your yearly number?
Yeah, what's the real motivation?
Did that make sense?
It makes sense, yeah.
It makes sense.
Because you can make a lot of impact, and it doesn't have to go to $100 million to do that.
Right, and it could also go to $100 million.
Exactly. and it doesn't have to go to 100 million to do that. Right, and it could also go to 100 million. Exactly, but also I would also suggest,
because every entity I have generates a 50% profit margin,
I'm obsessed about that.
You'd rather have a higher profit margin and make-
So what I would show is,
Like 10 million.
Let me show you a $20 million company
that makes 10 times the impact, not 100,
but generates more profit
than what you're thinking at 100 million.
I just challenge you to think a little bit different.
Operate it better.
I have friends that are like,
I want to build a billion dollar business.
I don't have the desire.
Like if, but ask them why.
There's only one reason why.
It's usually ego, right?
It's, or that's because that person,
that's what the media says, the magazine I read.
We all want to be an Elon Musk.
I don't have the desire.
That's not my drive.
If based on my decades of impact in the world, somehow that comes to me, I'm not going to say no.
I'll take it and I'll do with it hopefully a lot of great things.
And by the way, there are people that should build billion-dollar companies.
Don't get me wrong.
It's just not all of them.
It's not the only path for an entrepreneur to
build a billion dollar company. That is nothing but a burden to me. But some will and some should
and some can and most shouldn't. Here's something interesting to talk about.
Why are most people not ready to make a lot of money?
Well, we can go back to the you deserve it thing. They don't feel they deserve it.
I don't think I can answer this one well because making a lot of money for some reason became taboo in the last 10 years.
And so I am a subscriber to Think and Grow Rich, Napoleon Hill.
He's my original thought leader that opened my eyes.
Love that book. Napoleon Hill. He's my original thought leader that opened my eyes. And, you know, so in the
early 1900s, everybody wanted to be a millionaire and it was respected to be a millionaire and it
was respected to be successful and make money. And it's culturally, it's like you can see people
filtering themselves. They kind of say they want to make money. They want to make a lot of money,
but they can't overtly say it for some reason. And they always back it up with, well, but I'm going to, in other words, they, they can decode it for some
reason. It's okay to make a lot of money. It's okay. So, um, it's just hard to make a lot of
money. So in your question, it's either you're saying, you know, why can't they,
first of all, it's a question of do they really want to
and will they overtly embrace the fact that they do?
Please read Think and Grow Rich out there.
Or number two, some just can't.
We have people that make $25 an hour for a reason,
and that's a good thing.
That's what makes the economy work.
So some people just aren't moneymakers, and that's okay. It's okay.
You can't make 7.5 billion people on the planet six figure plus earners. You can't. You just can't.
My humble opinion. So some people just are not capable. Maybe based on the season of your life
and maybe over time you could get there if you wanted enough or if that's the role you want to
play and not everyone wants to be working they want to be in
support roles and things like that right but here's the thing so so that's just
my strong opinion that pissed off 15% of your audience but the people listening
to this podcast watch these are all the driven people that want to earn six
years so we're talking to all the right people so everything we're saying is
landing because they want this but we have to be really careful to think we
can get 7.5 billion people.
We can teach them how to make six figures because not everyone is equipped to do that.
Not everyone needs to make a bunch of money.
We all have different roles.
Why is it hard for a lot of people to make more money, do you think?
Why is it a challenge?
Is it just because they weren't built for it?
Is it because they're not ready for it? They don't have the mindset?
They don't have the skills?
The resources? The
people in their life? The network?
I just want to say yes
to all that because I think it's so many things
this is where we're getting into
I'm not equipped to answer
that question and I fear
I'll throw some biases
in there but I I'd have to give
that one some here's okay there's a different question for you for those
entrepreneurs that you guys work with that all the sudden start to make more
they implement this system they start bringing in more revenue than they
probably ever made in their life right and then paying themselves more than
they probably ever paid in their lives. What do they need to prepare for
if they start doubling their income,
tripling their income,
giving them a big bonus check at the end of the year?
How can they prepare themselves
for the abundance of wealth coming in?
That's a good one.
Where they don't self-sabotage, mess it up,
then deal with all the people in their life
saying gimme, gimme, gimme, and hurting all their relationships, which I've heard that happens a lot.
Yeah. Yeah. So this one, I feel a little bit equipped the answer. So you're prompting two
or three points here. So the first is, I have been broke three times in my life. Okay. So
21, 25, and 31. I wanted to be a millionaire by the time I was 30. I achieved that goal by 31,
so I missed it by a year. But what I left out of the goal, I want to be a millionaire by 30,
I forgot to say and keep the money. I lost everything by 32. So I went from being a
millionaire to $200,000 in debt. So I know this pain all too well. And so that's point one. Point two is, you know,
for our EOS implementers, we have over 450, as I talked about, these people earn a lot of money.
It's a good gig that we do. We are transforming companies, making a lot of money. And so what I
do for them is the ones that reach a certain level and beyond is I do a special full day session for
them called a freedom forum. And my sole purpose is to get them to not piss it all away.
Freedom Forum.
It's called the Freedom Forum.
But this is strictly for EOS implementers.
This is for our inner sanctum, our love in that is EOS worldwide.
And the reason I do it is because I have the givers, the teachers,
the helpers of the world, most die broke because we don't know.
We're all trying to fill a hole
and so we we just keep giving it giving it giving it giving it we don't want to keep it right right
so i've watched so many of the thought leaders die broke and so i just really oh i mean i can't
disclose a lot of them yeah um so in that i'm teaching them how to keep the money, okay? And so it's all about, I jokingly like to say,
it's not time to buy boats and cars and planes.
And so it's this mental shift.
And for me, it starts with the end game that just says,
do you wanna retire someday?
And most people are gonna say yes,
which means you can live off your money
and not have to work.
So most people are gonna say yes to that. Okay, live off your money and not have to work. Most people are gonna say yes to that.
Okay, and so what kind of a lifestyle do you wanna have?
And let's hypothetically you say $100,000 your lifestyle.
Okay, simple math.
So then that means you need $2 million
sitting in an account on that retirement day
paying you 5% and you can live off that,
and then you need to factor in,
sit with a financial advisor, they'll teach you this.
I don't take my word for all the math.
But the point is, most people don't get that. And they think that for some reason,
the money machine continues forever, and it just doesn't. And so it's a day of reprogramming their brains and teaching them. And so once they understand the math, then they realize this
extra $100,000, $200,000, $300,000, $400,000 they have in their account, the urge to go buy a bigger house, buy a boat,
buy a car, buy a this, they realize,
whoa, I can put that toward the two million.
And so it's just a mental shift
because most people are conditioned
to spend that money for whatever reason
and think that the money's gonna keep coming in.
And it just doesn't always, things change. So does that answer the question? I hope it does.
Don't spend it all when you're making it. Oh my God. Yes. Sock it away. Sock it away.
Sock it away. Yeah. And read The Millionaire Next Door. That's the best book I've ever read
on the psychology behind it. The people that you don't think are millionaires are millionaires.
And the people that you think are millionaires are not millionaires.
That's true. Who wrote wrote that book is that uh two two gentlemen and i cannot remember their
names but millionaire next door masterpiece it's kind of like the the millionaire next door that
has like a 20 year old car and you know changed my life in my late 20s for sure my dad never bought
a new car he always bought used and had like this, you know, old mobility would drive.
Yeah. Yeah. He was just always kind of reinvesting his money. So, and properties or whatever it
might be. So, I love this. What else do entrepreneurs need to know? Yeah. Well,
so let's, so we'll go down these five pieces of content we've been talking about, right? So,
Entrepreneur Leap, Rocket Fuel Traction slash EOS, EOS Life. Now, the fifth is like the aha, voila moment, the icing on the cake.
And it's called 10 Disciplines for Managing and Maximizing Your Energy.
And this is actually in the EOS Life book.
So I decided to do something very weird, and that's add a free mini book to the back of a book.
It's the last 30 pages.
And the way I describe it is there's nothing
else you need to do with what we talked about, again, as an entrepreneur or any being all the
way up to living your ideal life. But then I call this one living your optimal life, because if now
you want to take it to a whole nother level, I believe we are all balls of energy. Okay. And we
are pure energy. That's just my belief. And I believe that we are all balls of energy, okay? And we are pure energy.
That's just my belief, and I believe that we are all connected.
And so life will be pretty damn good if you just do everything we talked about.
But to add this last little piece, what happened with this is,
going back to the EOS conference that fourth year,
I didn't want to teach EOS life anymore. And I got very vulnerable. And so this
only goes back two or three years ago. This is not very, maybe two years ago. And I decided I am
going to teach the 10 disciplines I have lived by in my life for two to three decades that magnify
my energy 10X. And so in addition to living this great life, then there's this way to, boom,
explode your energy to a whole nother level.
And so that's what it is.
It's teaching 10 very specific disciplines
to live by every single day
that will take your energy to a whole nother level.
I love it.
You've got a lot of great disciplines here.
Knowing yourself 100%,
learning to say no often, all these different things. Prepare every night. I think a lot of people disciplines here. Knowing yourself 100%, learning to say no often, all
these different things. Prepare every night. I think a lot of people talk about the morning
routine, but the evening routine is something that I focus on a lot, which is what am I going into?
First, I reflect on the day and I share three things I'm grateful for with my girlfriend,
and she shares as well. So we really focus on gratitude and appreciation. And I think when we focus on appreciation, we appreciate into something greater.
We focus on all the good.
Even if it was a stressful day, it's like, man, but there's three powerful things that happened.
And that brings us into a peaceful night of sleep.
And then I start to really prepare of like, what's the main thing I want to take on the next day? I look at what am I, who am I interviewing,
what's happening,
and I get myself ready
to be focused
for those 24 hours
or those 18 hours or whatever.
And I think that is something
a lot of people miss out on.
They just go to bed.
You know,
they don't reflect on the day,
they don't think about tomorrow,
and I'm not sure
your specific preparation strategy.
You nailed it.
Yeah, so if we could just
go a little bit deep into it for about two minutes.
You know, and as I go into these, the way I look at it is, you know, for your audience,
they're driven people.
These are successful people.
And so this makes an assumption that you've got the basics down.
In other words, you're eating right, you're exercising, you're sleeping well, and you
have work ethic, okay?
Then we're going to take and magnify all of that. So you're a racehorse, as I like to describe it, and I'm going, and you have work ethic, okay? Then we're going to take and
magnify all of that. So you're a racehorse, as I like to describe it, and I'm going to help you
run faster and longer. So this discipline that you're on, which is discipline number eight,
is prepare every night. And so my business mentor taught me this at 25 years old. I've been doing it
every night for now almost 30 years. And you're
exactly right. It is before your head hits the pillow, somewhere between five o'clock and your
head hitting the pillow, whenever your day ends, you have to sit down for 15 to 30 minutes and
prepare for the next day and just lay out in a sequential, in a linear fashion, your day.
Time blocking your meetings, your appointments, your calls, your projects. And so you're just laying out the whole day so that when your head hits the pillow, you took
the words out of my mouth. Those words are in the book right there. You will sleep better. So what
does that do for your energy? You will literally wake up with ideas and solutions to projects
you're working on the next day because your subconscious is going to work on them because
you prepared so well. And your energy will go through and your creativity will go through the roof because
you what happens is you wake up the next day and you hit the ground running and we and there are
people that say oh no i'd like to wake up and let the day come at me you know and so if you wake up
and you start checking emails or you walk in the office you have lost all control of your day and
so this is you taking control of your day and managing your energy.
And you will be, I want to say twice as productive.
But who knows the math?
But you will be much more productive.
This is an interesting one right here.
You know, and you're, I won't go through all these,
but number one, you say 10-year thinking.
It's really getting clear on the next 10 years
and kind of where you want to be in 10 years
and reverse engineering in a process that
you talk about in here, which I think is really cool. But let me say one thing to that, okay?
Because it's a little more robust than that. And I learned this at 35. So I've only been practicing
this one for 19 years, but oh my God, was it transformative. And so the whole idea is to shift
your thinking from now, now, now, this year, got to have it now, got to get it done now. This most
driven people, most people listening, we're so impatient. We want everything now. If you can
shift your thinking to 10-year thinking, not as much 10-year goals, but I urge when I'm doing this
talk, you to write down a 10-year goal to get your brain to shift to that. But it's thinking about
everything in your life in 10-year time frames. There's thinking out there
that says 25 year thinking. There's thinking that says 100 year thinking. I just want you to start
with 10 right now. And if you will do that, all I can tell you is what happened for me. And what
happened for me is this peace and calm came over me. I felt less urgent. I started making better
decisions. And ironically, I got there faster. When you're in
that now, now, now mentality, you're making bad decisions. And so when every decision in your life
is now a 10-year decision, oh, it's just so, so much better. I can't even explain it to you.
And so obviously I go into more detail in the book. Yeah, I love that. And so you have the,
your first thing is 10-year thinking. The last thing is be humble be humble. In my book, The School of Greatness,
of the principles I wrote about,
the first one was have a clear vision.
The last one was be of service.
Love it.
I'm curious.
So similar.
Yeah, I'm curious.
What is the difference between,
why is it important to be humble?
What degree of humbleness should an entrepreneur have
as they are achieving
and accomplishing and getting acknowledged
and awards and earning more and all these different things.
Covers of magazines and press and all this stuff.
Is it important to be 100% humble?
Should you have some confidence and charisma
that might look arrogant or how do you balance that
where it doesn't come across as super arrogant i love it so one of the core values at eos worldwide is humbly confident okay and so
that's what we all subscribe to over 400 people in that company all humbly confident so it's okay to
know your stuff it's okay to be confident yes but there's a big difference between humble confidence
and arrogant confidence. And so
I describe it as a spectrum. And so if you picture on this end arrogant, on this end humble, you need
to ask yourself, where are you on the spectrum? Because ironically, the definition of both,
if you literally look up the definition, it's almost verbatim. In terms of arrogant,
the definition of arrogance is your view, how you view yourself in comparison to
others the definition of humble is almost identical how you view yourself
interesting so arrogant people somehow think they're better than others and
humble people don't feel they're any better than others and so the point here
is you can be on every magazine and still be humble you know like the leader
that comes to mind and this is big corporate world
stuff, so most of your audience may not know, but Alan Mulally that took over Ford Motor Company,
to me is probably, if not the greatest leader, one of the greatest leaders in the last 20 years.
That man is so humble, so powerful. And anyway, did an amazing turnaround at Ford Motor Company.
So the point is, you can get all of those accolades.
And it's something that we all battle on a daily basis,
trying to stay humble with all these people coming at us
and all these thank you notes and all of these accolades.
But it is possible.
And you don't need to be arrogant.
And then the point in all of this is,
you attract more of what you are.
And so what I do is I have then the audience do an exercise where, first of all, they can't do it in the room,
but go to the five closest people to you that will be honest and ask them to put a dash on the line as to where you are.
And then I urge you as an individual to put a dash on the line to where you are.
Then I urge you to think about the 10 people that you spend the most time with in your life
and put a dash on the line for each of the 10,
and you'll get really good insight to what you're attracting and what you are.
And I just have a strong belief that a humble life is a better life
because you attract better people.
You have more people that will fight for you energetically imagine a life being surrounded by arrogant people and a life being you just can feel
that energy and the last little point is in my 20s i was going down a very arrogant path and it was
my father-in-law neil pardone god rest his soul that through his example a relatively wealthy man
but so humble and by watching him it's not like he
took me under his wing and said hey be humble i watched him and he was so humble so likable and
so i that's when i learned it's possible to possess wealth wealth and be humble so thank
god he was in my life because that's where i i was going the wrong way and that was my wake-up call
Because that's where I was going the wrong way.
And that was my wake-up call.
And by the way, gratitude is a huge part.
It's impossible to be arrogant and practice gratitude.
And so what I teach there is every night when your head hits the pillow, as I do, I just say thank you for all of the things to whoever you like to say thank you to.
And it's kind of hard not to be humble when you're so appreciative for everything in your life.
Absolutely.
Well, Gino, I really acknowledge you for your decades of work on this
and making the complicated simple.
Simplifying these things, giving us the tools,
the practices to really do what you've been doing
this whole time without really knowing it,
which is helping people do what they love
with the people they enjoy, that they love,
making a difference, getting paid well
for the difference you're making,
and having fun for your other passions in your life.
That's a pretty amazing life.
The EOS life, the way you call it,
how to live your ideal entrepreneurial life,
which is also could be for anyone,
whether you're an entrepreneur or not.
Some amazing work.
Traction has been very foundational
for my team and what we're implementing. And I know we still have more to go on it. So I got to
dive in there more myself and make sure we're doing those things and keep pushing it forward.
But I just want to acknowledge you for how you show up for so many people.
It means a lot.
Because I think entrepreneurs are the ones that are supporting the world, really.
And without entrepreneurs creating products and programs and services,
they're the ones generating revenue to fund lives of people,
to help people live this lifestyle.
So I'm grateful for you and your team's work on making this mission,
on bringing it to so many.
How many entrepreneurs now are you impacting?
Well, there's 130,000 companies. And there's a lot of people in there. It's impossible to extrapolate the math. making this mission, I'm bringing it to so many. How many entrepreneurs now are you impacting? Are you seeing this?
Well, 130,000 companies.
And there's a lot of people in there.
It's impossible to extrapolate the math.
So Traction sold its millionth copy back in August.
So I have no idea how many.
A lot of people are helping.
A lot.
I appreciate it.
Thank you so much for that.
I've got, I want people to get the book,
The EOS Life.
This is my kind of book because it's short.
I like short and simple books
that I can implement right away.
Lots of good stuff in here.
Go get the book.
Get a few copies for your friends as well.
The EOS Life, How to Live Your Ideal Entrepreneurial Life.
You can go to your website, you know, wickman.com.
You can get it on Amazon, all the other places as well.
You're like nowhere on social media.
You just have LinkedIn and your website, right?
I am free, baby. You're free. No, no, you can't, you couldn't find, I don't spend one second on social media. You just have LinkedIn and your website, right? I am free, baby.
You're free.
No, no, you can't, you couldn't find,
I don't spend one second on social media.
It's the antithesis of what you're supposed to do,
but I'm a very unique being.
Yeah, it works.
So the website, you can go to eoslife.com.
EOS Worldwide is kind of the epicenter of all things EOS
and traction and rocket fuel.
Genowhickman.com if you want to kind of have a recap of everything we talked about but in terms of social media
I don't even know if I have a good answer for you. Did they give you something?
You just have a LinkedIn, but I don't know if you're on there. So I think I
Wish I could say what it is, but my team will give you what the EOS life social channels should be
But my apologies for not having that.
Oh, no worries.
It's just not something I stay away from.
That's good, man. That's great.
I am free.
There's two final questions I want to ask you. This is called the three truths question. So
hypothetical, imagine it's your last day on earth many years away. You live as long as you want to
live and you live the lifestyle. You do all five of these things to the highest level. You keep creating how you want to
create or whatever you do, you do it. But you've got to take all your work with you, all your books,
all your content, all your message that you've ever put out into the world. No one has access
to it. All these entrepreneurs are now suffering. They don't have your work. But you get to leave
behind three lessons that you've learned in your life that you would share with the world.
This is all we have to remember of your work.
Wow, okay.
I call it three truths.
What would be your three truths?
Damn.
I pretty much have been asked every question.
That's the first time I've heard this one.
It's so good.
Well, the first one came to mind really, really fast.
And I think the next two will come as i'm
talking but the first one is very clearly let your freak flag fly and so it's everything we're
talking about in a nutshell and it's in that discipline one of the ten disciplines is know
thyself so you can be yourself and so my wish for everyone on the planet is is to know yourself so
you can be yourself and i lovingly call it letting your freak flag fly,
which is that judgment piece.
Forget all of it and just fully be you
in all of your glory and look out, baby.
So that would be number one.
Number two, man, and then it's,
I don't know that there's a close second,
but there is like this economic thing that does come to my mind.
And we touched on this because I ache for seeing the number of people die broke
that I've seen die broke.
And it's these drivers and entrepreneurs and givers and helpers and thought leaders.
And so it would be this point about financial independence and what that really
means. Making a half a million bucks a year, making two million bucks a year, that is not
financial independence. It's having enough money at the end, whatever that end date is,
that's paying you enough money to support your lifestyle. And I'm shocked at how many people
don't get that basic premise and don't have anything in savings sitting there at 40 years old that's shocking so that would be number two um if that one made sense
and then number three so let me just think here if there were only three oh my god that's so tough
um it's just know that you are a part of something bigger than yourself.
Yeah, those would be the three.
Man, that's a good question.
When I leave, I'm going to be like, oh, I wish.
I don't know that I'm going to replace any of those three, but that's the best thing I've got for you.
Final question, what's your definition of greatness?
Wow, that's good. So I talk about all these incredible thought leaders
that I studied and obsessed about in my 20s.
And so Napoleon Hill, Earl Nightingale, Jim Rowan,
Tony Robbins was in there for a while,
Les Brown, Zig Ziglar.
Zig Ziglar was my dad's mentor,
so there's a connection there.
But it's Earl Nightingale.
He had a recording in the 50s or 60s called The Strangest Secret. And he described success as the,
how did he word it? The progression of a worthy goal or ideal. And the point is you are successful
when you are working towards something.
So it's like, the point is the journey never ends.
And so somebody who is great to me
is somebody who is always growing, okay?
And then I just, it's like a throwaway
or an assumption to me that we're all here to serve.
And so I'm assuming that as you are working toward a worthy goal or ideal,
in other words, always working, always growing, you're never complete,
that is success to me.
That is greatness to me.
And inherently, you have a servant mentality.
You are serving, helping, you're a servant mentality. You are serving, helping.
You're being the example.
That's my best definition of that.
Man, Gino, thank you so much, man.
Appreciate this.
Thank you so much for listening.
I hope you enjoyed today's episode and it inspired you on your journey towards greatness.
Make sure to check out the show notes in the description
for a full rundown of today's show
with all the important links.
And also make sure to share this with a friend
and subscribe over on Apple Podcasts as well.
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So share a review over on Apple
and let me know what part of this episode
resonated with you the most.
And if no one's told you lately,
I wanna remind you that you are loved,
you are worthy and you matter.
And now it's time to go out there and do something great.