Trading Secrets - 1.2M for winning the Masters?! Professional golfer Sergio Garcia dives into the behind-the-scenes of his wildly successful golfing career, brand partnerships, and establishing a legacy

Episode Date: April 15, 2024

This week, Jason is joined by professional golfer, 2017 Masters champion and newly joined LIV Tour golf professional, Sergio Garcia! Sergio has spent most of his career in the top 10 official world golf rankings with winning 39 career titles and well over $50,000,000 in tournament earnings. Sergio has supplemented his on course earnings with several brand partnerships. In recent news, Sergio became one of the many PGA Tour golfers to switch over to the newly formed golf tour, the LIV Tour. Many golf professionals, executives, and media outlets have been critical of golfers who would leave behind the spots on the PGA Tour for LIV, but that momentum is changing significantly.  Sergio gives insight to what helps him be more focused, how it is important to try everything and then pick a sport to focus on, the high and lows of his golf career financially & professionally, what he has done differently mentally since his twenties, how he handles the stressful moments in his golf game, and what brand partnerships look like after winning the Masters. Sergio also reveals the truth behind the money of the Ryder cup, where he thinks the future of the Ryder cup will be, why competition is good, and answers a few rapid fire questions! Does he worry about his legacy? How do caddies get compensated?  Sergio reveals all that and so much more in another episode you can’t afford to miss!  Host: Jason Tartick Co-Host: David Arduin Audio: John Gurney Guest: Sergio Garcia Stay connected with the Trading Secrets Podcast!  Instagram: @tradingsecretspodcast  Youtube: Trading Secrets Facebook: Join the Group All Access: Free 30-Day Trial  Deals! TurboTax: Starting a business isn't easy, but here's the game-changer – TurboTax Live Business. You get unlimited, year-round advice and answers from an expert who specializes in small business taxes. They can even completely file for you, from start to finish, backed by a 100% Accurate, Expert Approved guarantee. See guarantee details at TurboTax.com/guarantees Monarch Money: Monarch is the top-rated, all-in-one personal finance app. It gives you a comprehensive view of all your accounts, investments, transactions and more. Create custom budgets, track progress toward financial goals, and collaborate with your partner. And now get an extended thirty day free trial when you go to MonarchMoney.com/SECRETS BetterHelp:  If you’re thinking of starting therapy, give BetterHelp a try. It’s entirely online. Designed to be convenient, flexible, and suited to your schedule. Just fill out a brief questionnaire to get matched with a licensed therapist, and switch therapists any time for no additional charge. Learn to make time for what makes you happy, with BetterHelp. Visit BetterHelp.com/tradingsecrets today to get 10% off your first month. This episode of Trading Secrets is sponsored by BetterHelp Twillory: Twillory offers stylish, performance-driven suits, shirts, polos, and jeans designed for every aspect of the busy man’s life. Our clothes are wrinkle-resistant with plenty of stretch to keep you comfy, and yes – they’re all machine washable. Special new customer offer for Trading Secrets listeners! Use code JTA18 at https://twillory.com/ to get 18% off $139.

Welcome back to another episode of Trading Secrets. I'm your host, Jason Tarnack, and welcome to the pre-market trading segment, where I'll tell you a little bit about our guest, an update from the market and an update on my personal life. Before we do that, make sure to grab a copy of talk. money to me on Amazon, Target, Barnes & Noble, or wherever you buy a book, or you can get the audible version. If you are single, it is a perfect personal finance journal and book to help you increase your overall wealth and build your wealth. And if you're in a relationship, it will help you do the same and with your partner as a unit. So make sure you check it out.

It was on the bestseller list of love and romance, wealth management, budgeting and money management and personal finance. So that is super exciting. Now, today's guest, I don't know if you watched the Masters at all last weekend, but we have the 2017 Masters champion, one of the best golfers, literally to ever touch the planet, Sergio Garcia. You're going to hear a lot about his time on the PGA and his transition to the live. You'll hear so much about his exploration as a golfer as an athlete, the ins and outs, mentally,

tips and tricks to become one of the best at whatever it is that you're doing. Whether you're into golf or you're not into golf, this does not become a technical episode, but this will become an episode where you can take unbelievable trading secrets from one of the most well-known golfers to ever live, one of the best athletes to live, with unbelievable earnings and respect within his sport. So no matter what fan of golf you are, one through 10, this will be in. an episode for you. Now a little update from the market that I want to make sure that I drop. A majority of Americans, 95% said they plan to look for a new job this year, according to a January 24th survey done by job site monster. Money is the big reason with 45% of workers saying

they need higher income. Now, data from the Federal Reserve shows that the job switchers increase their salaries more quickly on average than those who stay put. So here we go. It all comes to talking money. If you talk money to your peers, to your industry, to recruiters, to job seekers, you can understand what people are getting paid and why and make the best decision for you. And that actually connects to this episode. This actually connects to this episode where you're going to hear. You know, there's about $54 million that Sergio made in his career on winnings in the PGA,

but with Live in just 27 events, he's made over 20 million. So imagine 23 and a half years of your life you have made just about. about half of that in two and a half years by transitioning elsewhere. You're going to hear all about those details, but that's something you should be aware of. And talking money is what you got to do. And that's where my book Talk Money to Me will help you. A little update for my personal life. I'm on a nice little cleanse back from Tor. Tor was one of the most special times that I've ever had. I can't believe the turnouts. I can't believe that 95% of all questions we're connected to the book money management career management and talking money uh it truly feels

like what we are trying to do is working and this week i'll actually be on jennifer hudson show this week we are having the book tour rap party on april 19th all those winners have been announced on trading secrets and um i'll tell you what i also i am feeling a little down i don't know i think it's the down from the high of the tour um and it's just you know the quiet it after the unbelievable. I hate to use the word storm, but has me feeling a little bit down lately, but also gives me time to reflect, which is what I need and be grateful and fill my cup up for me and not outside activities that fill my cup up.

So that's just me being honest and raw with you. But enough of that, let's ring in the bell with the one and only, one of the best golfers to ever walk the planet that has gone toe to toe eye to eye and shot for shot with Tiger Woods. Let's bring in Sergio Garcia. Welcome back to another episode of Trading Secrets. Today we are joined by professional golfer, 2017 Masters Champion and newly joined Live Tour Golf Professional, Sergio Garcia. Sergio has spent most of his career in the top 10 official world golf rankings, having won 39 career titles in well over $50 million in tournament earnings.

Sergio has supplemented his on-course earnings also with several brand partnerships. In recent news, Sergio became one of the many PGA tour golfers to switch over to the newly formed golf tour, the Liv Tour. Many golf professionals, executives, immediate outlets have been critical of golfers who would leave behind the spots on the PGA tour for Live, but we are seeing that momentum change significantly. Today, we are going to chat about what a career in the PGA tour is like, how Sergio keeps himself mentally and physically trained to be a professional golfer, the dollars and cents, of course, and the business strategy behind the career moves he's made and why Sergio Master's Champion,

thank you for being on Training Secrets. My pleasure, Jason. Thanks for having me. It is an honor. All right. Now, I could have kept going with the resume, but I had to stop somewhere so we could get this interview off. But I want to take a stroll down memory lane.

You may or may not remember this, but it's a moment I won't forget. And I've talked to McElmore because he's been on the show, and he didn't forget it either. August 2021, BMW Championship. We were walking down the first hole, and I asked you, how many rounds do you play per year? And then McLemore guessed, and then I guessed. We were both way off. You told us at that time it was around 325 rounds you played per year. We were blown away, but you said to Ben, who's Maclemore, you said, but think about your craft, music.

You have to practice music every day. So I have a question for you for people back at home. most people hate their jobs when you're playing 325 days a year most of your living life is playing your career what advice would you have for someone that's like I'm in a career that I just don't like do you have to be obsessed is it motivation is it discipline

like what keeps you that focused well I mean to me to be totally honest I just love what I do so that that obviously helps to me like going going to practice are going to play around with friends and have a little game, a little match or something. To me, that's fun. So it's practice and it's work ethic

and getting ready for tournaments and stuff like that. But to me it's fun. So I never see it as work. Obviously, I'm very fortunate and unfortunately not a lot of people can say that because I'm doing actually my job. it's what I love doing so that's that's if you can find that that's the ideal thing a lot of a lot of people unfortunately they they get a job that maybe it's not their favorite but they need it

because you know you need to live and you need to provide for yourself and your family and stuff like that so I always feel very very fortunate about that if you can if you can do what you love I mean that's the ideal spot I guess yeah so then there are some athletes though that are like at your category, like a Tom Brady, right? Where he comes out and says, listen, I love what I do. But also, I'm putting in that extra work to be the best. So when you're at that point where even though you love it,

but you're getting, I don't know, just a little tired sum, do you have any strategies or tactics or anything to like stay focused, stay disciplined, continue to work when you don't want to work? Or for you, it's a love that always keeps you ahead. Well, there's several things. I think that to me, funny enough, I try to keep myself busy with other things. things and that helps me be more focus when I'm practicing or playing golf so like I love

playing tennis I've always been a huge soccer fan and I played I played soccer when I was when I was younger and I play once in a while so things things like that you know I love driving I love cooking so all those things to me I've always I've always everyone is different but I felt like when I'm doing those things I'm not thinking about golf interest so it helps me kind of disconnect, recharge batteries, and then when I'm going back to practicing or playing, I'm really looking forward to it. I'm excited about it. I want to be there, you know. So I think that it's just finding that fine tune that that mix that kind of clicks. Yeah, I think it's really good advice because if you think about people that have downtime, if you're not doing that downtime

to be productive with other things, then you might be too focused on what your actual main thing is. And I think that's a great piece of advice. For people back home, we'll get into the dollars and cents. We'll get into all that, but we gotta go to where it started. So you started playing golf at three. Your father was your coach, Victor. There are parents back home that have kids that are athletic.

And they don't know what direction to go, especially these days. Do you have your kids play many sports? Do you just focus on one? Do you make this sport a priority over school? Things like that. Being that you started so young, you've won so young, you became a professional so young.

What advice would you have for the parents that are listening now with younger kids when it comes to athletics? Yeah, it's a great question. You know, obviously I can tell you what I feel it's right for, like for Angela and myself with her kids, for example. It doesn't mean that that's, you know, ideal for everyone. But I, we have, for example, we have her daughter, Azalea, and she's doing, she's doing golf, soccer, tennis.

gymnastics, she's doing music. So we, I always thought, and I always said that, you know, I wanted our kids to be involved in sports and ends up starting to do some of those things too, because I feel like it's a healthier environment, it's a healthier life. And I think nowadays, everything is with, so easily within our arms reach, you know, dangerous things that if you can be around athletes and you can be around sports people it always feels like you're more in the right track not only physically but also mentally you know i mean you play you play sports so you know you know the the mental side of it and how much you have to mature

and grow and and think about what you're doing so and and you have to be you know if you want to be decent at any of these sports you have to be focused and you you have to be focused and you you have to go in a certain path. You can't be doing all sorts of things. So I like them to, obviously, at some point, pick one and see where they go. But, you know, as a youngster, just, that's what I did too. Yeah, I played golf, soccer, football, tennis. You know, I would play anything, anything I could get. Yeah, I love it. Serge already alluded to the mental fortitude. We're going to get into that because you have walked next to someone. of the greats. You've battled with Tiger Woods. You had a complete showdown for your master.

So we're going to get into some of the tips and tricks of how you stay focused in such high pressure situations. But one follow-up question. I think the idea of being surrounded by sports is great for any kids, especially as they're developing. You had mentioned at some point you'd like them to pick one. For you as a parent, is there a certain age you think that in today's world, you kind of have to get singular? I don't know. It's a good question. I think that probably Definitely on your teens, I would say, like for me, for me, it was probably when I was when I was probably 12 or 13. Okay.

I definitely got even more focused into golf. I still play a little bit of tennis and soccer, but I definitely started just like focusing a bit more. I think that it's just a matter of a couple of things, what the kid loves, most importantly. I think it's important for the kid to be willing to go and play that sport, not having to push in to play that sport. Because you don't want them to get burned out, you know, like that. And that's where we're going with loving what you do, you know. So if, you know, whatever it is, and then usually, I mean, usually it's around that age, you know, 12, 13, 14.

You can see what you're excelling more at. And, you know, if the kid is in love with that sport, then you can kind of guide them that way a little bit. But I think it's important for them to also make a little bit of a decision in what really what really drives them, you know. You're 43, you're still thriving, you're still working every day. If you're forced into that, if you're pushed into it, there's no way of 43 you're still focused.

You'll be burnt out, right? the idea likely i would think that all right so let's go to that i think it's a good transition to 43 the pillars of this podcast are financial well-being professional well-being personal well-being these like the three pillars so i want to talk about these pillars because now you are 43 you look back at you know your let's say your teenage self who wins their first professional tournament as an amateur and then becomes a professional in your teenage years i want to hit those three pillars real quick let's start with financial because it's trace secrets you're telling your 18 year old self right now one high one low over your 20

plus careers when it comes to golf let's start with financial what is the one high you'd be like hey 18 year old surge this is awesome this by this check this moment this deal this tournament we won I bought my first something what are you telling him this is your financial high I don't know there's I mean very fortunate because I've had a really good career and it's still going obviously but but I've been very fortunate obviously I played I worked really hard and I played well and I've been able to make to make good amount of money I mean to me I have always said it not only for what it gives you

personally but for me as a professional way for my profession I think that when when I bought my first plane That was, you know, that was probably one of the biggest things and one of the probably most important things that I did it for my career. Because I feel like, even though, don't get me wrong, it's an expensive, it's an expensive toy to have, but definitely the amount of time that I save, and time is something that you can't buy, the amount of time that I save throughout a year, like when we looked at it, we realized that I was going to be able to save.

around between 22 and 26 days a year. Wow. In traveling. Interesting. So, yeah, because, you know, I was able to leave home later. I was able to fly to the tournaments closer. I was able to leave the tournaments earlier. Yeah.

Like as soon as I finished, like a lot of the times when I was, when we were living in Europe, playing here in the US a lot, you know, if you're in contention, you're finished and you're finishing at six, six, seven in the afternoon. By that time, you go to the airport, pretty much every single flight to Europe is finished. It's done. Interesting.

So you have to wait another day. Okay. So you have to fly the Monday instead of the Sunday. Then for me, where I was in Spain, for example, you'll be flying to Madrid. Madrid is three and a half hours drive from where I'm from. So it's extra time then you don't think about it, but once you go down and you say, okay, you're making a big decision, obviously, financial. decision to buy to buy a private plane then you go like okay so you know if I can save all these days where I can spend it with family I can do you know a couple

corporate days here and there and then make a little bit of extra money and then that helps me pay for for the expenses of the place I'm like that so it's it's interesting I mean I'm sure teenage surge would be like wow you bought a plane that's pretty damn cool you can pass on this question but I have to ask because I don't they'll yell at me around round about How much is the plane cost? Like $10 million? It depends on what you want to buy.

Because it just vary. All of them vary. Obviously, depending how big it is. But, yeah, but like the first one I bought, which was a smaller one, and then I have to make a couple of extra stops flying from Europe to here. Yeah, it was probably around $12, $30 million like that. Very cool. It wasn't in my teens.

It was in my 20s. But, yeah. Oh, no, I was saying teenage surgery would be like, that's cool. 20s getting a plane. That's pretty cool. Financial high, with highs come lows. For everyone back home, they feel it too. Can you think of any financial lows throughout your career

or maybe a time, maybe you made an investment that didn't go well, or just a time that, like, finances were, or something financially within your career was a low. Yeah, I had, I had, again, I've been very fortunate. I've had some great people around me, help me invest my money, and then very well on it. So with not a lot of risk. So that's obviously I'm very thankful for that

and the people that I've been involved and I am involved with at the moment. But I do have obviously one moment which was tough because it was a plane and it was pretty much a brand new plane that I bought and the company that I bought it, I think I had the plane for probably about a year or so. So it was pretty new, bought it from brand new.

and the company started struggling you know we obviously asked you know we had people that we thought they were friends sure and in the company and we asked hey it's everything okay and they were like no don't worry they're going to come someone's going to buy us it's going to be fine don't worry because obviously we're thinking you know if if something happens we want to sell before it's too late yeah so we asked several times no no don't wait you know it's going happen just give us some months give us a month so six seven eight months go by the the company goes bankrupt and you know and obviously our plane goes from whatever 18 million dollars to five wow so that was so that was a big you know that was that was a big loss but you know

fortunately like i said earlier yeah my all the money was well invested and it was well taking care care of so we were able to to make up for it and stuff and and you know we're still we're still doing we're still doing great but but yeah it was it was it was tough yeah you know it happens you know you know you go you have good moments and bad moments because you know we kind of go through it and and you know we're fine so I love that that's why I love asking the question because a lot of times we only see the highlights we don't see those stories or hear about them but they exist we all have to bounce back in some capacity whether it's 15 million or 15 bucks everyone's got to bounce back right it's just different different times let's go to professional

professional high i would imagine it's the masters but what is your professional high that you're telling your teenage surge this is what's going to happen in your professional world yeah definitely masters yeah it's one of them fortunately one of my highs was when i was a teenager the rider cup yeah my first rider cap and obviously all the rider cups have i've played but but those are professionally my two like highs okay the master 17 and every single right a cup of plate winning or losing because they're all special obviously the winning ones are even even more but the one in 99 my first my first one and to to turn pro in in April at the end of April and and be able to

make the team on my own in September like It's incredible. Five, six months later, it was something that obviously I didn't have in my mind at the beginning of the year. I was hoping that I would make some Rider Cups, but I didn't think I was going to make that first one. So that was amazing, even though we lost it on Sunday in Brooklyn, in Boston. But it was, yeah, it was unbelievable.

The experience was just, there's nothing like it. There's nothing in the world like it. Nothing like it. All right. Have you been to one of them? Oh yeah. I was at the Rider Cup at Whistling Straits. And it's so much fun.

I mean, the energy is just unlike anything. And it's obviously with Liv, there's a team aspect now. But in other areas of golf, there's never a team aspect. So to see the best players like yourself and everyone else like come together, you know, putting your arms over each other, rooting is one, and representing countries in many countries. There's just nothing like that other than the Olympics. Yeah, and that one was great.

But it wasn't as good because it was right after COVID or right kind of kind of COVID so there was very little European support Yeah that's probably why I was like

This is awesome It's all US or US I know But as good as that is You want representation You want a little bit of both So then you can see both And you can meet people

And like top be like Okay where you're from I mean at the end of the day It's camarader That's a good I didn't think about that So you have to You have to go back to another one Where everything it's

Obviously whatever we play There's always going to be more It will play in Europe. There's going to be more European fans and stuff. Yeah. We're playing in the U.S. The same way for the U.S. But when you can get the mix and the energy that you can see off,

the energy that you feel on the course is just amazing. Nothing like that. All right. I'm going to definitely go to another Ryder Cup. And for my golf listeners here that are new to the show, I will get to Ryder Cup in Masters. It's coming. I promise.

Let's end this segment with one professional low. Lowest moment in your 20-plus year career. it's funny like I know that a lot of people would say probably the breeze open 2007 when I lost when I lost that in a playoff and I had the path to to win the title and stuff like that obviously yes that was a bit of a low but but and at that moment it was a very it was a very big law like for me as a 27 year old with already having a couple chances of winning majors and being closed and not getting it done and having my post my chance, my big chance there until then.

It was a big low. But then after, I thought about it, you know, a couple of weeks after I was in Spain and I remember I was walking on the beach and trying to kind of get my head straight. And I was like, hold on. I know that you just lost the burst open. And obviously I wanted to win it so bad.

but why are you making it such a bad thing such a bargain on you when you've done you did so many good things to put yourself in a winning in a winning position and you're just focusing on what happened on the last hole and then the playoff so obviously it was a good learning experience and and it helped me to see that yes obviously we want to win and and that's what we practice for and that's what we love doing but it's not just the main thing you know sometimes sometimes you also have to realize that you know I mean I know that people say oh you know the second place is the first loser yeah I understand that but you know I'd rather be the first loser than the 20th loser sure you know I remember the second than then 30th or something like that

because at least I know that if I'm second most likely I've had a change. chance of winning. Yeah. If I'm 30th, you weren't even in the mess. I probably, yeah. Yeah. So it's just the, it's just the way you look at it. Yeah. But, but that was, at that moment, that was, that was a low because, you know, because I felt like I had it. Yeah. I felt like I did so many good things to win it. Yeah. And, you know, it was, it was a rough probably week or so after that. Yeah. But I'm glad I was able to, to find the positives out of it. I think personally, professionally we all hit lows and we all resort to different things and then learn from it in in any of your lows it's like it's a form of like some people have a tough day at work they get home and

they got to have a couple drinks was there any behavioral things you did in your lows that now you change or did you resort to anything or was it all like did you have anything that got you back and focused like when you look back at your 20s how did you cope with that this is more of a psychological question but i think for me for me it was family you know family and friends yeah having good just getting you back yeah and like i said earlier being able to have something else to go for yeah just distracting with other things yeah go and play tennis or play paddle tennis yeah like we're doing spain yeah play soccer or something like that okay that helped me kind of disconnect and and and conserve energy and not use all that energy into bad

thoughts and thinking what happened what happened and and and obviously you know until probably recently until the last probably probably for five or six years I didn't really use it like a mental coach or anything like that so so I kind of worked everything myself and with my family and friends and do you use a mental coach now yes now I mean I mean it's yeah I've been I've been I've been working with with one a good firm mind and it's and it's great but it's you know It's just finding little ways of making things better and then kind of like getting stuff out and, you know, just kind of not keeping it.

Not internalizing. It's, yeah, I've talked about this. You got to name what you're feeling, then you've got to drain it. And it's interesting that even people at your level have to do that with mental coaches. And I think, like, by what I'm taking away too, if I take that out of golf, you weren't focused on what's for, you know, you're not focused on winning. You're focused on the next shot. You're focused on small wins.

You're focused on building momentum with that birdie on 14. And that, I think anyone, no matter what you do back home, can take that end of their legs. Focus on the small wins. The rest will come. I have to ask you this as a golfer. There are times I sit over a put with three of my friends and we're playing for 50 bucks. I start shaking. My heart rate's going.

Are you doing things to keep like your actual adrenaline down, your heart rate low? and what is probably the most critical three, four holes of your entire life? Like, are you managing your heart rate? Are you doing breathing tactics to slow down? Yes, without a doubt. Yeah, like I said earlier, obviously there's moments when you feel better than others. But I think that at the end of the day, when you get nervous, usually what you do is you start either not breathing or hyperventilating.

So what I always try to tell myself, it's, you know, when I start feeling my heart, going up and and those are good things because it means that you care you know it's a good point yeah but at the same time you want to be as calm as possible once you've hidden your shot so important to take long deep long breaths okay you know in and out in and out and then you can feel your I think the problem is sometimes you get nervous and you feel it like you're getting nervous you're so focused on your nervousness you lose focus of what's in front of you correct and you forget to and you forget to breathe you're not focusing on your breathing you focus on your breathing you kind of forget about the other stuff too a little bit because you're so focused on your breathing and

calming down that that kind of helps you relax a little bit too so that's I think that's always always important all right let's get to some of the economics we're talking about masters just curious you win the masters what do you get paid when you win the master what did a check like that look like it probably less than what people might think yeah but I mean it's a good check I think it's I think it was like 1.2 or something like that okay and then I assume when you win the masters though brand partnerships and opportunities the value of that probably much outweighs that 1.2 million correct like that value is absolutely what was the biggest was there a big life-changing moment after you won the masters you'll never forget like you get a call from a big brand or a big

opportunity. There's obviously, I mean, I've, like you said, like I've had a really good career. Yeah. I mean, in the top 10 for pretty much most of my career. So, so my contracts have always been decent. Yeah. They've always been good because of that. So what happens when you win, when you win the master's, obviously you start renewing with a lot of your. Yeah. So obviously, you know, it brings renewals a little bit, a little bit, a little. bit of a race and stuff like that but you know for me it was pretty much the same companies that i was with just kind of renewing for another five years or something like that raising a little bit the fees and then the the only one that kind of really changed was golf brand clubs a manufacturer

yeah that i went with a different company that i was at that time which was i was playing telemate unfortunately it didn't work but but that was probably the biggest the biggest change on my contracts at that time. Pretty cool. Okay, I want to talk about Ryder Cup 2018. You become all-time leading Ryder Cup record points score. You had already mentioned the passion you have for it, now it's a career high. There was some conversation and articles read about Patrick Cantlay who didn't wear his hat

because he was a little frustrated with the whole payment and financials behind the Ryder Cup. My understanding is whether you're Team USA or Team Europe, you're not paid to play. and you have to get there on your dime and you're not paid any capacity if you win. So naturally, it will 100% be a financial loss. Is that correct? No.

Okay. No, it's not. You, like, they pay for your expenses. Okay. So that's all paid. You don't get paid to play and you don't get paid. I mean, I think now they're starting to do like a little payment for charity. Okay.

And they give you some money, not allowed, some money. and then you can you can put it like for charity and stuff like that i think that's the beauty of the rider cap that keeps it so unique and so so true that you actually we actually play for pride yeah we obviously we get paid like they pay us for our travel expenses and hotels and all that's up the team takes care of all of that but my way it comes down to getting paid for to play for it to play it or if you win it or don't, that, you know, that's not. Yeah, because it seems like the sport of golf and money, there's never been more of like two subjects that are now taking up the entirety of the sport,

which is interesting. So it's good to hear that, from your perspective, you're like, that's a play for pride tournament. That's not a go cash your check tournament. Do you think the landscape of even the Ryder Cup and what's happened? now will look dramatically different in three to five years as people like you that have such a legacy within the Ryder Cup aren't playing in it for X, Y, and Z reasons. Like, do you think there becomes a new Ryder Cup?

Do you think that all changes? I hope not. I hope not. I mean, obviously, like, I'm not giving up on it. And I'm, you know, I'm taking my European two membership again to at least give myself the best chance possible of trying to make a team. and be eligible for it. But I hope it doesn't

because that's what keeps the Ryder Cup pure. And even though you don't get paid, if you make the Ryder Cup team, if you play in the Ryder Cup team, like we were saying earlier, your contracts that do go up a little bit.

So you don't make it that week, but you do make it on appearance and stuff like that. So it's not like you do make it but not in that week the whole idea of economics in all sports is changing drastically

we see it even with like NIL with these NCAA athletes now all of a sudden there's all this money being thrown at them right before there wasn't I think we've seen it a little bit with PGA and live

obviously live comes along and now all of a sudden purses are higher at PGA and competition drives change essentially when you think about that I looked in 2022, it looked like your tournament earnings were over $6 million in just one season with Liv, which I think was about three times higher on average than your tournament winnings

with PGA. When you think about that and the change that's happening, what's your overall sentiment of how it's changing and the fact it's changed this fast? Well, at the end of the day, I think it just shows you that competition is good. Yeah. It's good for everyone. I think it happens in every single spot in the world. It doesn't matter if it's sports or, you know, different kinds of company.

You know, the only thing that drives you to get better is competition. Why did I turn pro when I was 19? Because I felt like the only way I was going to get better at golf and what I love doing was by me playing with the professionals, which was the biggest, the highest competition I could get. I felt like if I stayed an amateur, I was going to hit a plateau, and I didn't want that. So it's companies, it doesn't matter if companies, sports, whatever it is, the only way that things get better and the only way that technology gets better is because another company comes out with something better, something different. So it pushes everyone to improve, as simple

as that. And I think that's what Liv is done to golf and to and to the PGA tour you know it's just pushed them to realize that you know even though we you know we've been the best tour in the world for many many years oh there's someone here that it's actually pushing us and you know we need to we need to evolve and then become better we saw the 24 schedule looks pretty jam-packed I also love the the team concept because I think it connects kind of a a little bit to the whole F1 concept, which is taking the world by storm.

I got to ask you about legacy though. So over the summer, you made a comment about how switching to live might have an impact on your chances of being elected to the World Golf Hall of Fame. When you look at professional legacy or anyone back home that looks at it, I think we all define it.

Legacy isn't what other people think. Legacy is what I make it. For you, when you made that decision and you think about today, do you get it all worried about your legacy? Does not making the world golf golf hall fame when it comes to your professional resume keep you up at night. How do you feel about that?

No, it doesn't give me up at night. I mean, obviously, you know, it's like I always say, you know, the more sugar, the sweeter. So it's as simple as that. But it doesn't mean... I like that. It doesn't mean that, you know, I'm going to change my view on my career and what I was able to achieve or my family or... or my friends or really my fans.

You know, obviously, at the end of the day, yes, if you're inducting the Hall of Fame, yes, it's great, it's a tremendous honor. But does that make your career? I don't think so. You know, I think that it's, at the end of the day, you have to be happy with what you've done. You have to be proud of what you've done.

And I'm very proud of what I've done and what I'm doing. And, you know, that's, at the end of the day, that's, that's all I can really do. I can't make other people, you know, think what I want them to think or anything like that. You know, I just kind of give them, like, different options and subjects to talk about me

and things that I've done, and then they can make their own opinions, I guess. You're doing it your way, the way you see it, and the rest is left up for everybody else. I can sit here and talk to Sergio all day. I have a million more golf questions, but we only have so much time. So one more question for you, and then we're going to do a little rapid fire, and we'll get your trading secret.

We talked about your impact on the golf course, the dollars, the sense, the personal and professional achievements. Let's talk about some of the impact. This weekend, we're actually in Austin for four kids ATX. The event was absolutely incredible. The after-party and live music was amazing. And guys, stay tuned to the recap, because I have some funny golf stories. I'm going to tell you.

but we talked dollars and cents here and I saw there was auction items there was the Valdarama and Lucia Live packages I think they went for over $100,000 I mean it was mayhem it was so great and to know that all that money is going to the charity the not-for-profit that you and Angela started impacting so many kids is amazing

tell me a little bit if you can how much did you guys raise this weekend yeah it was great yeah like you said there's an amazing week and we couldn't be happier and proud of and even we couldn't be more thankful to everyone that was involved, including you guys coming and supporting and our donors, everyone that came and put money and bid for some of these amazing auction items that we had.

And obviously, like you said, live Valorama and Alessia Valorama, you know, was one of them. So, yeah, it's been, it's been amazing. We're super happy about it. Last year, it was already a great event that we had here in Austin. I think, obviously, before expenses and stuff like that, and we were able to raise. I think it was $2 million last year, which was super proud, you know, in like two nights. And this year, we even topped that off.

And I think we don't have the actual finish numbers yet, but it looks like 2.3, 2.4. So super happy and super thankful for everyone that was a part of it. and donate it and help, you know, all this money is going to go to kids, community, families here around Austin and, you know, it's, it just feels amazing to be able to help so many people and everyone should be very proud of it. It's incredible. That amount of money to be raised in this short period of time, I also think it connects

the full conversation we had because we talk about how competition is good and when competition is good and there's more monetization those people can then create whatever legacy they want and hopefully it is a good legacy with more coming in it gives you the opportunity to do more and now have raised over two million dollars for kids in 72 hours it's amazing it's impactful and we talk about legacy that's creating your own legacy not worried about everybody else's noise so cheers to both you and angelo is a hell of a weekend all right quick rapid fire and then we'll get your trading secret. So I'm going to ask you a few questions.

The first thing that comes to mind, let me know what it is. I know you're a thinker. I know you're a very smart analysis guy. Don't overthink it. Trading secrets, rapid fire with Sergio Garcia. Here we go. What is one thing that you spend too much money on? You know you spend too much money on, but you're like, I got to do it.

It's for me. It's my convenience. It's my thing. What would it be? I would say private planes. Private planes. Okay. Who is the toughest person?

You've got to get matched up with someone. You've got to go shoulder to shoulder walk all day and play with them. Who is the toughest person? It can be either intimidation or just their annoyance, whatever it might be. Toughest person to play with. I mean, Tyler Woods is the first one that comes to mind. Yeah. That presence is something else.

I think you have the same presence because we golfed with Rick yesterday. He was a scratch golfer. You were around for two holes. He couldn't hit the ball. You left and he couldn't miss the ball. It's a real thing. All right. Let's go to this.

Biggest, the biggest prize check, the biggest tournament check you got when you won an event, just for winning the event. What was it? How much? Well, funny enough, I think my biggest check was this year in Singapore, and I live Singapore. But I didn't win half in a second. I think it was like 2.2.1 or 2.2 million. Something like that.

But as a winning check, I would have to say probably the players championship. I think it was like 1.8 or something. Okay, very nice. Okay, inflation and obviously competition checks are getting bigger. You have to create a four-sum today. The four-sum has to include public figures, celebrities, politicians, whatever, very public figures. Who is in your four-sum?

I mean, I have to put my dad because, you know, I love him and he's done so much for me. And it's difficult to just put four because, you know, I want to put all the people that I love and family and stuff. But let's see, if we take, Family aside, I will put Michael Jordan. I will put Ronaldo Nasario, Brazilian striker, as you know, good friend.

And probably, I don't know, I don't know. Yeah, maybe I've passed like a really made, like a Ben Hogan. That's a good group right there. But Michael Jordan, he's going to want to gamble. You know he's going to want to bet like a hundred grand the whole. Are you willing to gamble with Michael Jordan? That's the question. We can bring the stakes down a little bit.

I like what Chris Harrison said. Chris Harrison's like, I don't gamble with people that can lose any afforded money. I'm out on that. All right, I have a million more questions, but we will wrap with your trading secrets, Sergio. It is one secret that people back home, they can't Google, they can't learn from a professor, they can't read in a textbook. The trading secret could be about life, money management, career management, anything, but it's special to your experience.

So one trading secret with Sergio Garcia. I like my things to be set up and a ride in a special way. You know, so like my golf bag, you know, the clubs, they go in a certain spot. And if me or my caddy or someone else puts them in a different spot, I have to put it back in this spot. My zippers on the bag, they have to be all closed. Like if I see an open zipper, I have to close it. It just happens. It's just that I have to do it.

I don't know why. It just makes me feel right. So I guess I'm a little bit OCD when it comes out to some of those things. Yeah, I think the idea of being like you're meticulous and whatever career it is that you guys have back home when you're listening, the more meticulous you are, the more planned you'll be, the more prepared, and maybe even the more easy you'll be at when you're doing your job. I rarely ask a follow-up question to a training secret,

but this is what I forgot, and I have to ask before we wrap, caddies. How do caddies get compensated? Well, it depends a little bit on the player, but usually they get a weekly wage for travels. And then you will do a percentage of the winnings. Of what you win that week. Okay. So usually maybe you do like 10% for a win, 8% for top 10 and 6% for any other position that you finish.

So usually that's how you do it. And then I, you know, I think some of the guys do it too, but I like to give them a little bonus at the end of the year. And, you know, they go through a lot with us. Yeah. Not only the traveling, but some of the punishment we put them through. So they deserve it. He's a giving guy on the golf course with his caddies and with four of the kids ATX.

Sergio, thank you so much for me in this episode of Training Secrets. We appreciate it, insightful, impactful. what you're doing on and off the golf course is incredible. So thank you for being on. Thank you. Ding, ding, ding. We are closing in the bell to the Sergio Garcia episode. Now, David, I'm sure you can hear it in my voice a little bit. I am recharged. I am rested. Having had a drink in six days, have run 15 plus miles, eating clean, sleeping well, and I'm feeling good. And I'm glad I do because what an episode. We've only had two other athletes on this podcast. We have had

Rob Grinkowski and Alex Rodriguez, two Hall of Famers within their classes. And now we are adding a third future Hall of Famer, one of the best golfers to ever touch the planet, Sergio Garcia. And how timely because he was a master's champion back in 2017. And as everyone saw the Masters wrapped up yesterday. Now, today we're actually recording. Spoiler, we're recording on Sunday, not the day this comes out. Monday.

And as we're recording, because the Curious Canadian has a family. party and we're prioritizing family over the most recent news, which I appreciate and respect. We have Scotty Sheffler in first place, Max Homa in second place, Colin Moracawa, and third place. These are all actually three people, David. I've had the pleasure of meeting. So it is likely one of these three will win the Masters, but we're not here to cover sports and who wins the Masters. We're here to talk all about this episode. And David, I'm going to kick it to you in one second. But I think one of the interesting things about this podcast and what we're seeing in the public is especially because we know if we look at strictly our demographics,

we have about 80% women that listen to this podcast. We're seeing a really cool shift in ratings. This past year, the women's basketball championship game, the NCAA championship game, drew an 18.9 million viewers and surpassed the men's final, a four. 14.8 million viewers. And obviously that was fueled by Caitlin Clark, emerging as a superstar. But we're seeing a massive transition in the way we're consuming and the way we're watching and the demographics that are watching.

And so it'll be really interesting to see how that also translates to all other sports. But most importantly, David, I know you are a big golfer. You are a coach of your high school golf team. You had to be pumped up about this episode. What are we thinking? I, yeah, great, great little recap of the recap there, Jay. I'm a huge surge. I'm a huge Sergio fan.

I was a captain of my high school golf team. People called me mini-sirgio because people thought we had the same swing. And I love to dress the way that he dressed. He was sponsored by Adidas back in the day. So I was pumped to have him on. And yeah, I'm a hockey coach. I'm also the golf coach at my school. So there you go.

This was two birds, one stone. The Masters is on. And I got to say, you referenced, you know, the woman's final four and the numbers that outperform the men. I think golf has been in in the news an incredible amount in the last 18 months because of what's happening with the live tour and the PGA tours was referenced much much in this episode and also the full swing Netflix documentary that has been on too. I think that combined with the F1 and the break point for tennis is just such a way to get maybe the common or non common fan more into the game and smart PR move on building the characters because unlike other sports. where they're, you know, in uniforms or under helmets or padding, golfers are there. I mean, they are your market.

That's how you sell the sport, is these people. Get them on the documentaries. And, you know, my wife Ashley, she knows a lot of these people because of, because we watch these things. So I think golf's in a really interesting point right now from a PR perspective, but tons to talk about. So tons of talk about in this episode. Yeah, I think it's really cool.

Just even the social media dynamic, the impact that's had on sports. Like, I think there's something you could take away from The Bachelor, right? The Bachelor is a story arc and people get very involved in these people's story. And you see people that go in one season, The Bachelor, get more followers than some professional athletes that are on their TV every single day for 20 years. And I think it has to do with connection to the story. And like I think, you know, I know that Sergio Garcia will talk about some of the numbers. This man has made a whole lot of my money and it's had a ton of success.

And even he is invested in a full social media team because it is so important for people to know your story through and through so that they continue to follow in it. also impacts the sport. So so much to talk about so many moving dynamics when we think about social media and athletes and even how that's impacting ratings and the NIL, how people are becoming so connected to these athletes that they're watching them play

and listening to them the second they get off on their social media. It's a wild dynamic. But David, what I'm thinking is because Live has been in the news so often and you are a high school coach and you were mini Sergio back in your day, I was thinking maybe you could almost play. I could play the curious Tartick over here.

You can be the one that informs us because there's some jargon that was throwing around, right? We heard Lynn, we heard PGA, we heard major, we heard masters. So those people that are still with us that maybe don't know what's going on there, could you give us a little break down? Yeah, I'll do it quick and easy, really simple. The four majors that are open to every, the basically the top 100 golfers, let's say, in the world from the world golf rankings compete in the four. four majors. They're the Masters, which is happening right now, which is the only major that

happens at one course in Augusta, Georgia, at Augusta National. Then you have the PGA Championship, the U.S. Open, and the British Open. And those rotate through courses in, obviously, the PGA and the U.S. Open to the United States and the British Open over in Britain and the UK. So those are the four majors. Those are the big majors. Those are what everyone competes for around the world. Now, in the majors, you have, or any PG events, you have cuts. So there's four rounds, 18 holes. You have to make the cut, which is basically half the field

to get paid in these events. You don't make the cut. You don't get paid. They don't pay for your expenses. They don't pay for your travel. They don't pay for your anything. So you're on the hook for all that. Your caddy.

You're on the hook for travel, your own food. You have to make the cut to get paid. Enter the Liv Tour. So the Liv Tour is a Saudi-backed funded league through the PIF and Saudi Arabia, which is basically an unlimited money source. And they are now competing with the PGA tour.

How are they competing? Well, they're throwing boatloads of money at people. And it's really controversial because they've been able to lure some of the brightest stars away from the PGA tour. So I could go on forever. So I'm going to kick it to you, Jade. Do you have any subnotes, any side questions before we really dive into the claws of the live tour? Yeah, it's caused a big riff. But I think what's interesting is can you give us just a little information for those that don't know?

I love that. I'm taking, you're the, you're the one telling us now, but how the PGA and live have actually merged. Tell us a little bit about that. Well, they have, they, they are, they're starting to merge. So what happened was when the live tour happened and all the top golfers left, then the PGA thought that they would be able to get control by banning them from all PGA events. Well, that didn't go over well with the PGA fans because they want to see the top players, right? So now, like Sergio, like Dustin Johnson, like Brooks Kepka, like Bryce and Deschambe, tons of these golf, Phil Mickelson. So tons of these golfers who got the bag to go over to live tour, people want to see

them play. That's why everyone locks into the majors. So now, PJ has since kind of backpedaled, and now they're trying to, they're working on a business proposition to actually merge with them. Merging with them would solve a lot of things because I don't want to get too deep in the weeds, but the world golf rankings don't recognize the live tour because as I mentioned with the cuts, the live tour plays a different format. They play three days instead of four days. There are no cut. So every single player in the live tour gets paid for every single event. And as you could tell

by Sergio said, his biggest payout in his golf life was coming second place in the live tour at $2.1 million. Trump the Masters, which is the biggest golf tournament in the world's pay on 2017, which is $1.2 million. So there's a lot of money dynamics and a lot to talk about. We won't get into all the weeds about, you know, the PGA and the live and all that stuff. This is definitely not the show for that. But I think one of my biggest takeaways is when you see an opportunity and you jump on it, it could forever change your family's life. We saw some of the pro players stay loyal with PGA. They did not jump at the money opportunity. As a result, they're kicking themselves in the head. And they have even vocalized that they're kicking

themselves in the head. Now, a quick dollar amount, I'm going to kick it back to you, David, is we know based on rumblings I heard, Sergio got over the $100 million mark. So it's a guarantee and works against a draw. But my understanding from the rumblings I heard is the minute that whatever that dollar amount was, they were like, give it to the attorney, sign it, and let's do it. And that probably connects to the fact that we know some of these things, right? We know that at least online. It says that $54 million of career earnings were from the PGA.

that's in 23 and a half seasons and in just 24 or 27 events with Liv, he's made 20.1 million. So in two years, he has had more, he has had one half of his career earnings almost than he did in 23 and a half years. So guys, what I also think that's interesting that this connects to is like corporate America, like things that you do. You think like how can you optimize your output to be making the most money you can so that you could be making in two years what you did in 23? That's what we saw Sergio do. What do you got? Well, I also think it's interesting, too, because, and this is a work example, none of these players were employees of the PGA tour. They had to earn their paychecks.

They're all contractors. So the PGA tour didn't pay any of these employees, right? They earned the prize money through sponsorship. So people are wondering, oh, how could these people leave the PGA tour? They were contractors. They weren't employed by them. They weren't employees of them. They had to pay for all their expenses, and they might not even get paid to the end of the tournament.

So it's an interesting move. Sometimes we always talk about moving the corporate ladder and re-navigating your career. And would you agree? Sometimes you have to make a lateral move to get paid more money than trying to stay in the same company and climb the corporate ladder. This is just another example of that.

You have to zigzag if you're going to stay in corporate America. By zigzagging is taking other jobs at different places so that you can get the bigger bumps. And we're seeing it here, right? These are the, you know, you think about the competition here, there's a lot of discussion on the background of all of it and what makes sense and what doesn't we'll stay away from that what we will say is a competitor came in and a competitor put another league and program in a position where they had to be better and now all of a sudden pga's got bigger

dollars they got bigger purses everything's changed 2017 Masters was 1.2 million 24 it's now 3.2 million so you know what I would say is as a consumer as an employee when you make people think and you put some pressure on them and you talk money it will work out in your favor the last two things i got as it relates directly to sergio um because again for me an athlete i was so dialed in i think the athlete's mindset and perspective is different than a lot of maybe the the reality tv people that we've had on but i just thought two things really suck him out to me one i loved his answer when you said a financial high finally someone who gave us like you know a big big purchase of a private plane but it reminded me of jave when you

taught your Rolex he had it was an investment he saved 22 to 26 travel days a year more time with his family can't buy we can't buy time so i thought that was really cool and then i really really like because he's an athlete and he does something that's in his passion but if you're if you're listening to this and you work and your passion or work is your life he talked about having to stay extra busy away from work so he could disconnect recharge so when he was at work he could focus and dial in. I thought that was something that's like, wow, even when you're busy in your job that you love,

you need to be busy outside of your job so that you can recharge and focus and dial in at that time. So that's my two big life takeaways as it relates to the surgery episode. And I thought you crushed it. I thought it was great. It was a great job. I appreciate it, my man.

I mean, that is like the dream when your time becomes so valuable that a private plane is what makes sense. I'll also say this. I was so impressed with what a kind, thoughtful, down-earth human he is. We recorded this episode in his home. I met his wife. I met his kids.

They were so lovely the entire time. He's so personable. And I literally have just the utmost respect for Sergio Garcia. I think what's interesting, too, is what we talked about early on, David, is when you see an athlete, you will characterize them as the way that they perform in their job. Well, the way they perform in their job, they're a product there. They are not their selves. They're a product.

That is their job. And I think we got to see so much of Sergio on TV through his highs and lows and his most competitive moments against Tiger and his wins and losses. The side I've got to see and know of him is so much more special than the competitive side because it is such a sweet, caring individual who continues to give back and support his communities. And just to end it. I don't know if you referenced it, but you got, you played golf with him.

Yeah. Yeah. I got to play it with him in McLemore. We played in 18 holes at a pro am. It was so much fun. And this is the guy who's getting ready to play a pro golf tournament the next day. And then I got to play in his charity event, which was such a great time, played with Chris Harrison. Hannah Cook was in our group.

I actually played with Angela. So his wife's father played in our group, such a legend. He used to be a quarterback at Boston College and was just such a great guy. And it was honestly one of the coolest golf experiences I've ever had. I'll also end with this day. And he has a non-for-profit. Everyone could check it out. We talked about an episode.

If you could donate to that, they give back to children in the community. But David, I think one thing that's really cool is I was golfing with a pro before Ben Crane. And one of my buddies goes, what would you take, Ben? 20 million bucks cash right now. winning the masters and ben crane looked at my friend like he had 15 heads like how dare you ask me such an insulting question and he was like i would there is zero dollar amount ever you could offer me to exchange your master's win it is the most valuable thing any golfer in the world could have there's no dollar amount you could put towards it david talked about the four majors the

history at this place because it has never ever changed locations is like no other and just like for people david and i just to have the chance to literally step ground on that course and watch people would be the highest honor both two things we've never been able to do so imagine being able to play in it and then imagine it is the number one bucket list item that i have to do when it comes to things that i want to see are doing my life um the rules that they have at augustin national we have to say that maybe for an other episode because they're hilarious, some of the rules. It's so rich in history. And like Ben Crane said, if you win the Masters, you get to compete in the Masters for

the rest of your life. You get a lifetime exemption. It's a big deal. I hope you're watching it or watched it. And you took a little something out of this episode, a little golf business education and some tips from Sergio as well because he's living the good life. Exactly. And David, I'll tell you a little fun behind the scenes fact.

our agency rewired talent management we were able to find a deal for joey to go because he really wanted to go so joey is there joey got a plus one but the plus one had to actually get approved through the brand like they had to have a certain following and certain engagement all that stuff and and at first kelsey wasn't going to be able to go so joey was going to bring me and i went to the approval process and they're like oh yeah he meets all our criteria perfect dude i was so excited but then kelsey was able to pull it off and quite frankly I'm, you know, that's a memory that they'll have forever. And honestly, that's more important. But it was, I was like, I'm the tip of the next year. Let's go. Hey, manifest. We'll try.

We'll try. We'll try. But David, thank you for coming in to recap this episode. You absolutely killed it. Sergio, truly from the money mafia to me. Thank you for allowing us into your home. Thank you for podcasting and being so honest with us. We can learn so many things in our day-to-day life as we learn from living legends like

yourself. So thank you all to tuning in. to another episode trading secrets. Don't forget. Don't forget. We got two episodes a week right now. The second episode, we are calling More Than Money on Thursdays. So you'll have to check out this episode of More Than Money. It's a very, very interesting episode on education, okay, and all the things that come with it. So more to come with that. Thank you for tuning into another episode of Trading Secrets, what you can't afford to miss. Making that money, money, living that dream.

Making that money, money, money, pay on me. Making that money, money, living that dream.