Young and Profiting with Hala Taha - YAPClassic: Dean Graziosi, How Underdogs Can Turn Disadvantages into Advantages | Entrepreneurship

Episode Date: June 14, 2024

Dean Graziosi watched his hardworking parents struggle financially. Driven to break the cycle and create a secure, prosperous future, he turned to entrepreneurship. He started a firewood business in h...igh school, fixed wrecked cars, and ran a tow truck company, among other ventures. By 25, he had amassed millions of dollars in real estate. By 30, he had retired his parents. In this episode, Dean shares his journey, the power of the underdog mindset, and strategies for turning adversity into success. Dean Graziosi is a renowned entrepreneur, real estate investor, and bestselling author known for his expertise in personal development. He has started or played a major role in over 14 successful companies, including the Mastermind.com platform. In this episode, Hala and Dean will discuss: - Dean's journey from humble roots to millionaire by his mid-20s - Using financial struggles as a drive to succeed - Resourcefulness over having resources - What is the Underdog Advantage? - How to adopt an underdog mindset  - Desperation as a powerful tool for persuasion - Maintaining enthusiasm and authenticity in sales - The biggest misconception in business - Why you need confidence to make sales - Overcoming the fear of failure and impostor syndrome - And other topics… Dean Graziosi is a multiple New York Times bestselling author, entrepreneur, and educator. He has started or played a major role in over 14 successful companies, including the Mastermind.com platform. His books include Millionaire Success Habits and The Underdog Advantage. Dean’s philanthropic contributions include donating over 8,000,000 meals to Feeding America to help feed families in need, building multiple schools in Africa with the help of Village Impact, and donating $500,000 to help liberate children from human trafficking and sexual exploitation through Operation Underground Railroad.   Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify  Indeed - Get a $75 job credit at indeed.com/profiting  Facet - For a limited time Facet will waive $250 enrollment fee for new annual members! Visit facet.com/profiting for details. Industrious - Visit industriousoffice.com and use code PROFITING to get a free week of coworking when you take a tour!   LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/YAP  Kajabi - Get a free 30-day trial to start your business at Kajabi.com/PROFITING    Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset,Psychology, Mindset, Habits, Positivity, Self-Improvement, Personal Development, Human Nature, Human Psychology, Critical Thinking   Learn more about YAP Media's Services - yapmedia.io/

Transcript
Discussion (0)
Starting point is 00:00:00 Yap Bam, welcome back to the show. And for today's Yap Classic, we are brushing off my old interview with Dean Graziozi, episode 68 of the podcast recorded in June 2020. Now, I remember this episode so vividly because June 2020 was in the midst of COVID. My father had just passed and I was just starting Yap Media. I was just starting to get my first social clients. And Dean really inspired me at such a pivotal part in my entrepreneurial journey. He inspired me to feel confident in being the underdog. And he really goes into why you're actually better off being the underdog
Starting point is 00:00:56 and how you can compete with the biggest companies in the world, even with very few resources. It actually makes you more creative and innovative. And we talked all about that. and it really opened my eyes. And fast forward four years later, I can't believe how far YAP Media has come. And if you don't know, Dean,
Starting point is 00:01:15 he's a highly respected businessman who's built a multi-million dollar real estate business from the ground up. He's been involved in or has started 14 incredibly successful companies, and now he basically leads Tony Robbins company. He also is a best-selling author whose books include millionaire success habits and the underdog advantage,
Starting point is 00:01:34 which was the topic of the, episode that we're replaying today. Our last episode on the podcast, our latest one, released on Monday, was with Dean as well. It's episode 294. And if you haven't yet, go check that one out. We talk about why there's never been a better time to pursue entrepreneurship. And today's episode is a perfect follow-up to that. If you believe you were meant for something more, but you don't feel like you have the motivation or the drive to get it, you're going to benefit so much from this conversation. So let's get right into it. My first question to you is really about your journey to where you are today. So from my understanding,
Starting point is 00:02:15 we do lots of research here on Young and Profiting Podcast. And you had humble beginnings. Before you were 19, you moved 20 different times. You grew up with a single mom. You guys had financial struggles. You lived in a trailer park. You know, you had super humble beginnings. But then by the time you were 25, 26, you were already a multi-millionaire. You had made it in the real estate business. You had 20. to 30 apartments under your belt. So take us back to then. Like, how did you get from, you know, struggling 19 year old, didn't go to college, single parent, to multimillionaire in your mid-20s? Yeah, first off, I want to say, congrats on all the research. Everybody says they do, but you really did. So thanks. And secondly, I want to congratulate you for being a leader and getting information out
Starting point is 00:03:02 to the world. And we need to get more educated and so many different levels to help us grow. And I just want to commend you for choosing this path because the world needs more of people doing that, right? And if you're not sharing your own knowledge, which you surely do, you help bring other knowledge to the world. So, you know, here's the thing. There's a million different reasons, right? We all have different circumstances. And please know, if I share a little bit about my past, I want to share only so it gives you context so you can use it in your own life. I don't like podcasts sometimes when someone goes on for 45 minutes about their life story if it doesn't feel relevant to me. So I just want to tell you, no matter where you are, in your life right now as you listen to this.
Starting point is 00:03:40 You know, if you're in your 20s, I can remember being 20 and 18 and not knowing, you know, what I was going to do with my future. I didn't feel that smart because I struggled with dyslexia. So I just, I decided college wasn't even an option for me. And we didn't have money.
Starting point is 00:03:54 And I didn't have an example in my family. But I knew there was more. I watched my parents work so hard to have nothing. And I just didn't want to follow their path. I didn't want to follow their path in the work environment. They're amazing people. but in the work, it's like they always struggled with money. They always worried about money and they both worked hard.
Starting point is 00:04:12 And it caused them to be not so happy in their personal life, right? It overflowed into that. So I just want to let you know, I know what that feels like. And I know what it's like to have that hunger to go and do something on your own, but like where the heck do you start? And then besides where do you start, then you feel like an imposter. Like I know, maybe you have never felt that way, but I was like, you didn't go to college.
Starting point is 00:04:33 You're not that smart. No one in your school, you know, no one in your family's doing more. well, you don't live in a big thriving town. You live in a small little upstate New York town. So I remember feeling all those feelings. But what I want to share with you today, and I'm excited to dig in anywhere you want, no question off the table.
Starting point is 00:04:50 But I also know what it's like to use that pain of running away from tough circumstances as my fuel. I know what it's like to fail and try again. I know what it's like to fail 10 times and try again and get that first sale and that fifth sale and get momentum and get people to believe in you when you start gaining confidence. And then all of a sudden, you know, you get scared again,
Starting point is 00:05:09 but you look back and go, I've already done this. Let me try more. So I did. I started a firewood business in high school. I started fixing wreck cars before I was 20. I bought my first run-down apartment house for no money down at 19 or 20 years old. I ended up having a tow truck company, a collision shop, apartments. Then I started, just like you said, I started building houses,
Starting point is 00:05:29 buying raw land and subdivided by 25, failing miserable in between. A lot of sleepless nights, a lot of just, hustle. A lot of people doubting you and say, slow down, you're not going to make it. Family thinking you're crazy. I was able to get to my net worth. I didn't have a million dollars in the bank at 25, but I had over a couple million dollars in real estate by the time I was 25 and multiple different businesses. That's so incredible. It's so cool that you didn't have a college education, but you just went out and did the work. You hustled. You learned things on your own. How did you change your mindset about money? Because if you grew up with parents who,
Starting point is 00:06:06 you, you know, struggled financially, they probably put it in your head that, like, it was really hard to be rich and that, like, you know, it kind of, yeah, how did you, how did you change to a mindset of abundance? Yeah, first off, I want to tell you, good question. I like, I'm going to have fun, this is going to be a fun interview. I like, because it's a true story. I remember my mom, and my mom is one of the sweetest women I've ever met in my life, but my mom, if we passed somebody with money or a big house or a Mercedes went by when I was a kid, I remember my mom's, I remember my mom be like, ugh, like it was like disdain because they had it and we didn't, right? Yeah.
Starting point is 00:06:38 And I just remember, you know, it's easy to look back and sometimes I don't even know if this is exactly what I felt at the moment, but I can judge it from this point looking backwards. And I realized that money is an evil, money solves problems. And I remember, you know, it's like, I guess this is a silly analogy, but neither one of us we're sitting here talking. We didn't think about the air we're breathing. You didn't think, oh, I got another breath. But if someone clamps, put their hands around your neck and you couldn't breathe, the only thing
Starting point is 00:07:08 you would think about is air. And when I look back at my parents, they didn't realize since they didn't have money and they didn't have the ability to do things. All they ever thought about was the lack of money they had and the pain caused them without even realizing it. And I just remember thinking, if I could get money out of the way, I could retire. My mom was probably my biggest muse because she worked three jobs to make nothing. And I remember if I make money, I can retire her.
Starting point is 00:07:32 She doesn't have to come home at 9 o'clock at night, tired with her hands hurting and her back hurting. So I just remember thinking money can solve problems. Now, I was probably a little naive back then, but I still feel that, right? I still feel money can solve problems. We just, as a family, we realize how many kids go to bed at night in America hungry. We provided seven million meals. We put money that allowed us to provide a solution, right? We do a lot of stuff in charity, but it also helps my family.
Starting point is 00:08:00 I retired my parents, both of them. By the time I was 30, I retired both my parents. So they didn't have to worry about that anymore, right? So I think money is one of those things. It's only evil if you do bad things with it. Money can shift the world. Money can help people in need. Anyway, we can go down the philosophical side of money.
Starting point is 00:08:19 But I just knew if I could make more money, I could help my family. And I wouldn't feel so out of control. When you don't have money and you got to move, we lived in an apartment house and had to leave because we didn't have money to stay there. It's like it was all this disruption. Yeah. And the other thing I'll share before we, and you know, if you want to go deeper and move on, but the other thing, and maybe some of you can feel this, is lack of money to me, and this is one of my core whys in my life. Lack of money to me means I'm not in control of my time or my decisions.
Starting point is 00:08:48 Money made my parents make certain decisions. They couldn't come to my baseball games or plays because they were both working. That was a decision made because of lack of money. We had to move certain areas. My mom, we had to live in my grandma a lot. We made bad decisions because, because of lack of money and someone else was in control. And I remember if I can, now that we're talking about, it's the number one thing I remember is if I have money, no one's going to tell me how to live, where to live, and I still feel that way. Wow, I think you said so many different gems, so many great insights. I love that money allows you to be in control. And that was sort of like your drive to help your parents become financially free and for yourself to be more in control
Starting point is 00:09:27 of your life. I love that. So I think this is a perfect segue into the underdog advantage. I thought it was a great book. So tell us, what is this concept of the underdog advantage? So I think if you really look out, look through history, right? Some of the biggest people we respect in sports or in freedom for countries, freedom for people. They've been the quintessential underdogs, right? At every level. From George Washington in America, to Martin Luther King, to Mother Teresa, to LeBron James and Michael Jordan and everybody in between, if you really dig into their past, they weren't supposed to make it. So how the heck did they? Right?
Starting point is 00:10:08 So when I decided, when I have this concept, I'm really obsessed. My last two books, Millionaire Success Habits in this one, are really about going upstream. That's the analogy I use in my head and really helping people with the foundation for success. So many times people want success and they're looking, should I do Amazon? should I build a course? Should I write a book? Should I sell products? And they're looking for the tools and the tactics. But if they don't have the mindset and the skills and the habits for success, it'll never work. They'll dabble forever and have envy that other people are getting ahead and they're not. So I really started obsessing on how do I really help people in a simple way anchor in a foundation? I started looking into my own life,
Starting point is 00:10:44 right? I feel like I'm the quintessential underdog, didn't have money, didn't have resources, didn't have family support, didn't have an education, all those things, right? Not for me. just part of it. And I started really analyzing and like I geeked out on research on successful people throughout time. And there was seven core habits of people who turn their disadvantages into their advantages. I mean, think about this. Most people, when they think about starting their own business or scaling their business, they say, and I get DMs like this all the time, hey, if you lend me a hundred grand, we can be rich. If you lend me the money, if you give me the money. But think about How many people hit Lotto and go broke?
Starting point is 00:11:23 They had the resources, but they were lacking resourcefulness, right? Think about how many people, if you know anybody that's a trust fund adult, was a trust fund kid and how they're adult, I know a bunch of them. And I have to say, I don't know any of them that are really happy or really hungry or are attacking life. I know a lot of them that struggle. Some people who just raise money for businesses and they're like, and you probably have some friends like that, not friends, people you know, they're on their fourth raise
Starting point is 00:11:50 of money and the business fails, they just go raise money again. So that's three examples of resources, but not resourcefulness. So if we go back to that, what if life happens for us, what if God, the universe, whatever you believe in, set these obstacles in your way to see if you are worthy to gain the success you desire. And to get over those obstacles, you have to be resourceful. You have to figure out solutions. Listen, I've been blessed to start over 13 companies.
Starting point is 00:12:16 I've done more success than I could ever imagine possible. I never had anybody lend me money, give me money. I didn't know what it was like. I wasn't smart enough to raise angel and have angel investors and get money. I had to go in business and I had to make it profitable in the first month or I'd go out of business. Yeah. So it taught me how to be a hustler, taught me how to market, taught me how to influence, taught me how to bring good people together because my butt was on the line. If it didn't work, I'd go broke.
Starting point is 00:12:42 So it looks like poor you, no one let you money. No, not poor me. I know how to start businesses and make them cash flow now because I had to be. be resourceful. That's just one of the, you know, seven things that you realize successful people are massively resourceful. Yeah, I love that, that you have to be resourceful. I think that's super interesting. So let's say a lot of my listeners, we have like cushy corporate jobs, right? And we're comfortable now. So how do we get that, you know, resourcefulness, that fire under our butts that you're speaking about if we already kind of made it to a certain level?
Starting point is 00:13:15 Yeah, I love that. What a great question. And that's why there's a whole section in the book about adopting an underdog mindset, right? Because if you don't attack things in a hungry way, you can get complacent. And here's what I would share is it's great to have a cushy job and you got some money coming in. But if you looked back, if you had the chance to fast forward, you're 97 years old and you're sitting with your maker,
Starting point is 00:13:40 whoever you believe your maker is, and you're having a conversation. And you just fast forward. And what you're doing now is what you did for the rest of your life with incremental raises. If you can sit with your maker and say, oh, my God, I was an amazing life. I felt it. I lived to my full potential.
Starting point is 00:13:55 Then you should keep doing exactly what you're doing. If you love it and you feel, but if you feel any part of your heart that you were meant for just something different, not just more money, not just upgrade the five series beamer to the big bemer or go to the bigger. I'm talking about something where you feel like it's calling you. Like you get out of bed in the morning and you feel like you have a calling where you could be a role model where you can tap into. to another level of potential. I don't care where you are. There is another level of potential. And when you reach that one,
Starting point is 00:14:25 there's another level. Stretching your mind, stretching the ability to learn, stretching the ability to impact other people's lives. If you have any of that, then what I believe is you have to get disturbed within action. You have to get disturbed with complacency.
Starting point is 00:14:40 And that's just it. And even when it comes to entrepreneurs, there's lifestyle entrepreneurs and achievement with entrepreneurs. I have some people that I know that got to a certain level 20 grand, 50 grand a month in revenue, and they live the life they want and they want to just be on autopilot. They don't want to make more. They don't want to wait less. They got their
Starting point is 00:14:57 lifestyle they want. And there's accomplishment based entrepreneurs. It's like, I accomplish this, but there's a bigger amount. There's more to learn. There's more to grow. I want to get, navigate new territory. And it never ends because it's not about the money. It's about, it's about the ability to keep growing. So I would just say, you have to really reflect and spend a little time and say, if you're good with it, don't, don't want anybody to disturb you. Stay good with it. But I would bet today, if you're listening to this podcast, or you listen to any podcast, or you're reading any personal development books or success books, you know there's like a, you might be on 3.0. There's a 4.0 version of you. And what I'd say is find a way to be disturbed
Starting point is 00:15:32 and find a way to have an underdog mindset. Like attack it like you're not comfortable. Attack it like you have no money. Attack it like people are going to make fun of you when it doesn't work. Attack it that you have to be this incredibly resourceful. Because all I know too is being resourceful brings you alive because you have to think through problems. Right? You don't just go, I'll let me cut a check. It's like, no, I got to make this happen. Well, you have incredible drive. I feel like I also have this incredible drive. That's why I started my podcast on the side of having a job. And it really does wake me up and it makes me feel so passionate about life. And I can't wait to see where it goes. But you have like this extraordinary drive that doesn't seem to stop.
Starting point is 00:16:14 Let's hold that thought and take a quick break with our sponsors. At Yap, we have a super unique company culture. We're all about obsessive excellence. We even call ourselves scrappy hustlers. And I'm really picky when it comes to my employees. My team is growing every day. We're 60 people all over the world. And when it comes to hiring, I no longer feel overwhelmed by finding that perfect candidate,
Starting point is 00:16:37 even though I'm so picky because when it comes to hiring, indeed is all you need. Stop struggling to get your job post noticed. Indeed, sponsor jobs help you stand out and hire fast by boosting your post to the top relevant candidates. Sponsored jobs on Indeed get 45% more applications than non-sponsored ones, according to Indeed data worldwide. I'm so glad I found Indeed when I did because hiring is so much easier now. In fact, in the minute we've been talking, 23 hires were made on Indeed according to Indeed data worldwide. Plus, there's no subscriptions or long-term contracts. You literally just pay for your results. You pay for the people that you hire. There's no need
Starting point is 00:17:12 to wait any longer. Speed up your hiring right now with Indeed. And listeners of this show will get a $75 dollar-sponsored job credit to get your jobs more visibility at Indeed.com.com. slash profiting. Just go to Indeed.com slash profiting right now and support our show by saying you heard about Indeed on this podcast. Indeed.com slash profiting. Terms and conditions apply. Hiring, Indeed is all you need.
Starting point is 00:17:36 Hello, Yap Gang. I know my young improfiting listeners want bigger businesses and a better life. And the New Year is the perfect moment to reset and commit to your growth. But let's be real. You can't build an empire if your finances are all. over the place. That's why getting into it QuickBooks is one of the best first moves you can make this year. They've got powerful money management tools built right into their platform, and they have them for every stage of your business, whether you're a solopreneur or a small business.
Starting point is 00:18:03 And I love that QuickBooks helps you get paid faster, pay bill smarter, and even gives you access to funding when opportunity pops up. So QuickBooks can help you with bookkeeping, can help you with getting paid, can even help you with projections and understanding where your business is at financially. Plus, QuickBooks Money Solutions reduces manual work by half and keeps your money and your books perfectly synced. That means less time staring at spreadsheets and more time actually building the vision that you started with. That's the upgrade that every profiting entrepreneur needs. Start the New Year's strong, take control of your cash flow with QuickBooks Money Tools. Learn more at quickbooks.com slash money. Again, that's quickbooks.com slash money. Terms apply.
Starting point is 00:18:42 Money movement services are provided by Intuit Payments Incorporated, licensed as a money transmitter by the New York State Department of Financial Services. What's up, Yap, gang? If you're a serious entrepreneur like me, you know your website is one of the first touch points every single cold customer has with your brand. Think about that for a second. When people are searching on Google,
Starting point is 00:19:03 everybody who interacts with your brand first is seeing your dot-com initially. But here's a problem. Too many companies treat their website like a formality instead of the gross tool that it should be. At Yap Media, we are guilty of this. I am really due for an upgrade from my website and I'm planning on doing that with Framer this year.
Starting point is 00:19:21 Because small changes can take days with my other platform and simple updates require tickets. And suddenly we're just leaving so much opportunity on the table. And that's why so many teams, including mine, are turning to framework. It's built for teams who refuse to let their website slow them down. Your designers and marketers get full ownership with real-time collaboration, everything you need for SEO and analytics with integrated A-B testing. I love that.
Starting point is 00:19:44 I love testing and making sure that we've got the best performing assets on the page. You make a change, hit publish, and it's live in seconds. Whether you're launching a new site testing landing pages or migrating your full.com, Framer makes going from idea to live site fast and simple. Learn how you can get more out of your dot com from a framer specialist or get started building for free today at framer.com slash profiting for 30% off a Framer pro annual plan. That's 30% off in 2026. Again, that's framer.com slash profiting for 30% off. Framer.com. slash profiting. Rules and restrictions apply. I wanted to take a look at your content journey. So I
Starting point is 00:20:27 scrolled through all your YouTube videos all the way from like 2011, like very old videos, maybe even 2007, I want to say. And some of them had like 30 views, 70 views. And then it would jump from like 70K views to 200k views. And I was thinking like, how did you maintain that drive where sometimes people were paying attention, then sometimes people weren't paying attention at all. How did you, like, maintain that grit, that drive to where now you have, I think, three million followers on Instagram. How did you do that? Yeah. So here's what it is. First off, there was a time where I realized that, and this is somebody, any view that ever want to, if you're already in it or you want to go into something on social media to make more of an impact, to get a channel going, if you just
Starting point is 00:21:14 look at it, that there might be just one person in the universe right now, that you're just, that needs what you're going to share. If you look at it through those eyes, then you don't have to say, wow, I don't have millions of followers. I don't have tens of thousands of followers. But what if it doesn't take 10,000 followers? What if one person tomorrow, if you shared a message, had two views and one of the two, we got to course correct their life or help solve a problem or allow them to feel better about themselves or gain knowledge to make them go faster and like, if you start looking at it through that, then it becomes about the impact. And the byproduct is more revenue and success. So I would bet to say I know what I want out of life. I truly understand what success means to me.
Starting point is 00:21:53 It took me a long time to dial that in. And of course, it was different in my 20s and my 30s and my 40s. But I know what success means to me. I love giving people capabilities to go faster because I wish I had them. Right. And I wish I had the right knowledge. In my 20s, I got a lot of advice. But it wasn't until I really started digging in and learning from people who had already been there to I got the right advice. So I love giving advice. I love course correcting people's lives. not because I'm brilliant, not because I have all the answers. And I don't give people advice in areas that I don't know of. Right? I would never like what's going on in the world right now. I'm not going to give advice.
Starting point is 00:22:27 I just want to be an active participant in the fix, the repair of it, right? In the solutions. I'm not going to give my advice. People are way smarter than me. But you want to know how to start a business, market, influence, persuade, right, best selling books, build relationships with people you like. That's my expertise. And I want to give that to the world.
Starting point is 00:22:46 So when I know I want that and the only way to give it is through enthusiasm. I mean, if I came on here with you today, I was like, yeah, you know, I've been blessed to do a lot of cool stuff. Listen, right? So just for me, and I want this is one thing. I think everybody should take away from this is boil down like the four or five things that are real success in your life. So one for me, I love making an impact. Maybe it wasn't always that. Maybe when I first started this business, I just wanted to make more money while I was helping.
Starting point is 00:23:16 people right now, it's an obsession to make an impact. Number two, I love being a father and a husband. I'm married to one of my dreams. I have three amazing children and I want to be a present dad. When my kids are with me and I pick them up from school every single day, I go to baseball practices, not just the games. Being a dad and being a husband is important. My team is extremely important. They're my family. There's 85 of us, I think it's like an extended family. And four, I want to grow and contribute. And that's really the four things in my life. and I really say, I know this sounds, I say no to everything else. I don't do much else out of those four things, but I fight for that.
Starting point is 00:23:55 And each one of them light me up like this. But if I was doing something that gave me that money but didn't allow me to feel aligned, I don't think I could have this enthusiasm. Yeah. So just balance that. Know what success really means to you. And if you're not, if success means a certain amount of money and you got it, but you're still getting up not feeling so good, then take a transition, start a podcast like
Starting point is 00:24:16 you like do something that just intrigues you. And the last thing I'll say about that is if you don't know what else to do, then just be an investigative reporter. Like just keep your eye open for anything that can give you that spark. Yeah. I think that's really interesting. Essentially, you're saying, like, you just followed your values. Like I had nothing to do with how many people were watching or how many views you got. It was more about your values and you just kept doing, you know, what you enjoyed to do, what you found passionate, what kept you enthused. And it just ended up working out. So that's amazing. I can tell you about podcasts. My schedule is really crazy. Life, 100 employees, three kids, and writing books, doing courses, doing videos. We put out a lot of
Starting point is 00:24:55 content. And I still run my business. I'm still CEO of my company. So I make my high level business decisions. But I told my team, I said, because they were only booking me podcasts that were like the top podcasts. And I feel blessed with my partnerships and my, I've done all the top podcasts. But I said, let's do podcasts where you find a podcast where you find somebody intriguing. You find somebody that's really working hard to make a message. You find somebody who's like got a heart to serve. I don't care if they're just starting. My team's like, well, what if they only have 5,000 listeners a month? I'm like, well, they're going to grow and we can help them grow and I can deliver content. So I love making those decisions because I wish someone would
Starting point is 00:25:34 have done more of that for me when we first started, right? So that's awesome. All your values and success follows that a lot faster. That's awesome. So one more concept from the book I want to cover. You say the most powerful advantage an underdog has is using desperation as persuasion. What do you mean by that? I've seen some of the people who are best with, you know, people don't like the word sales and marketing, but listen, let's just say it. Nothing in the world happens unless you make a sale. If you don't sell someone to come listen to your podcast, they don't come listen. It doesn't matter if you just put it out there. Like an old movie with Kevin Costner called The Field of Dreams, in the whole movie, saying if you build it, they will come. If you build it, they will come. If you build a great
Starting point is 00:26:14 restaurant. If you write a great book, they won't just come. Barns and Noble, 95% of all books that are in Barnes & Noble don't sell over a thousand copies. Do you know how many amazing books are in Barnes and Noble? People took years to write them. They put their heart, their soul, they did research, they obsessed, they had sleepless nights, they got done with the book, and they're like, yay, it's done. And they got a publishing deal and they put it in Barnes & Noble and 800 copies sold. Why? Because they built it, and it was so good, they just thought people it would go viral and do it on its own. That's the biggest exception in business.
Starting point is 00:26:49 I want to tell you right now, everybody listening, if you're going to start a business or you want to even scale in the company you're at, you must influence and persuade the people that can allow you to go to the next level. If you're selling something, you must get people to say yes. Now, here's the cool part.
Starting point is 00:27:03 When you provide amazing value to you, the company you work with, or you provide an amazing product that changes people's lives. Listen, I love selling my book to people, because I know if they read it, I get to change their lives, right? Well, let's just, I just wanted to get selling out of the way. Like, we must sell.
Starting point is 00:27:18 But if you're selling cigarettes or booze to an alcoholic or selling something bad, that's terrible. But if you're delivering value to your company or value to the world, then I think we're obligated to sell. So that's that part. The turning desperation into persuasion is when you are an underdog or you adopt an underdog mindset, think about in a corporate world, right? Because you say you have a lot of people listening, it's got a cushy corporate job.
Starting point is 00:27:44 you have to influence and make enough impact so you could go to the next level. That's just the way it is. If you look at it through the eyes of no desperation, it's like, you know what, I'm kicking ass in this job. I'm doing a good job. Listen, I'm going to go talk to my boss and I want him to recognize what I'm doing that is doing good. It will never work unless there's a feeling of desperation to want that next level, right?
Starting point is 00:28:09 So even if it's good, even if you're comfortable, even have a horrific childhood, it doesn't matter, adopt that mindset of I desperately want that. Because here's what I know. The most, the greatest salespeople on the planet that I've ever met and I've been blessed, you know, I've traveled all over the world on live events. I get to watch a lot of them on stage. So many of them have come from a struggling background and that desperation built passion and enthusiasm, right? I know before I had the intelligence and before I had the money, you know what I had? I had the authenticity and the enthusiasm and the desperation that converted into influence, right? I had to sell people to do business with me because I had no credentials.
Starting point is 00:28:49 I didn't go to school. So I just found a way to turn desire and desperation into authentic persuasion. We'll be right back after a quick break from our sponsors. Hey, young improfitors. As an entrepreneur, I know firsthand that getting a huge expense, your books is the best possible feeling. It gives you peace of mind and it lets you focus on the big picture and invest in other things that move your business forward. Now imagine if you got free business internet for life, you never had to pay for business internet again. How good would that feel? Well, now you don't even have to imagine because spectrum business is doing exactly that. They get it that if you aren't connected, you can't make transactions, you can't move your business
Starting point is 00:29:33 forward. They support all types of businesses from restaurants to dry cleaners to content creators like me and everybody in between. They offer things like internet, advanced Wi-Fi, phone TV, and mobile services. Now, for my business-owning friends out there, I want you to listen up. If you want reliable internet connection with no contracts and no added fees, Spectrum is now offering free business internet advantage forever when you simply add four or more mobile lines. This isn't just a deal. It's a smart way to cut your monthly overhead and stay connected. Yeah, you should definitely take advantage of this offer. It's free business internet forever. Visit spectrum.com slash free for life to learn how you can get business internet free forever.
Starting point is 00:30:12 Restrictions apply. Services not available in all areas. Hello, young improfitors. Running my own business has been one of the most rewarding things I've ever done. But I won't lie to you. In those early days of setting it up, I feel like I was jumping on a cliff with no parachute. I'm not really good at that kind of stuff. I'm really good at marketing, sales, growing a business, offers. But I had so many questions and zero idea where to find the answers when it came to.
Starting point is 00:30:39 to starting an official business. I wish I had known about Northwest Registered Agent back when I was starting Yap Media. And if you're an entrepreneur, you need to know what Northwest Registered Agent is. They've been helping small business owners launch and grow businesses for nearly 30 years. They literally make life easy for entrepreneurs.
Starting point is 00:30:56 They don't just help you form your business. They give you the free tools you need after you form it, like operating agreements and thousands of how-to guides that explain the complicated ends and outs of running a business. And guys, it can get really, complicated, but Northwest Registered Agent just makes it all easy and breaks it down for you.
Starting point is 00:31:14 So when you want more for your business, more privacy, more guidance, more free resources, Northwest Registered Agent is where you should go. Don't wait and protect your privacy, build your brand, and get your complete business identity in just 10 clicks and 10 minutes. Visit Northwest Registeredagent.com slash Yap free and start building something amazing. Get more with Northwest Registered Agent at Northwest Registeredagent.com Yap free. What's up, young and profitors.
Starting point is 00:31:45 I remember when I first started Yap, I used to dread missing important calls. I remember I lost a huge potential partnership because the follow-up thread got completely lost in my messy communication system. Well, this year, I'm focused on not missing any opportunities, and that starts with your business communications. A missed call is money and growth out the door. That's why today's episode is brought to you by Quo, spelled QUO, the smarter way to run your business communications.
Starting point is 00:32:10 Quo is the number one rated business phone system on G2, and it works right from an app on your phone or computer. The way Quo works is magic for team alignment. Your whole team can handle calls and text from one shared number, and everyone sees the full conversation. It's like having access to a shared email inbox, but on a phone. And also, Quo's AI can even qualify leads or respond after hours, ensuring your business stays responsive,
Starting point is 00:32:33 even when you finally logged off. It makes doing business so much easier. Make this the year where no opportunity and no customers, slips away. Try Quo for free, plus get 20% off your first six months when you go to Quo.com slash profiting. That's QUO.com slash profiting. Quo. No missed calls, no missed customers. So I heard you also mention, I can't remember if it was a podcast or in your book, talking about how confidence is really important when you're selling something and how nobody can buy anything if you're insecure about what you're saying. Could you elaborate on that?
Starting point is 00:33:09 Yeah. So, I mean, listen, if you're listening right now, Is anything ever good happened in your life when your confidence is down? If you're going in talking, you're superior and you want to make a change, if you're not confident, if you're looking down, you feel a little nervous, you thought about it all night, and you rehearsed what you were going to say, and you walk in there with lack of confidence, little cotton mouth, do you ever get your way? It never works out. You don't get the girl.
Starting point is 00:33:30 You don't get the guy. You don't get the date. You don't get the bank to lend you the money, the partner to be with you. You don't get someone to say yes if you're in sales, if your confidence is down. If you don't believe in yourself, people don't believe in you. And the thing I want you to really listen to right now is confidence isn't like a one to a hundred scale. For me, if your confidence is at a 94 out of 100, you're not moving forward in life. Yeah.
Starting point is 00:33:57 I want you to think about you have to protect your confidence. And when it comes to selling, right, I watch people on stage a lot because I get to travel around the world. And I'll see somebody have so much energy and love and compassion. and a great product or a great service. They'll be on stage for an hour, and they'll deliver massive value. And I can tell, I'm like, oh, we're getting ready to sell something because I can watch their mannerisms change. I can watch their face go straight.
Starting point is 00:34:22 They turn more like a robot. They physically back up from the edge of the stage. And that's when you, maybe you guys have seen it or saw it online. And that's when they go to slides and say, now if you like that today, that was the tip of the iceberg, I have more. And they go to the slide and they put it's a robot and they don't sell anything because they were, they lost their confidence to sell. Or maybe they didn't believe in what they were selling. Or if someone taught them sales were bad. So confidence is so important on every level. And if this is
Starting point is 00:34:48 cool with you, I want to share a couple of things to really think about confidence. Of course. You won't make the decisions you want if you don't have confidence. If you're in a job and you want to raise and you've been thinking about asking for it, if your confidence is down, you're not asking, right? There's a difference between cockiness and confidence. Confidence comes from purely in in your soul. So here's what I want to share with you. Protect your confidence. And there's lots of ways that rob your confidence. Watching the news on a regular basis will rob your confidence. When's the last time you ever watch the news and thought, oh, my God, the world's in such a good place. You watch the news. Watch the news. Then you say, oh, crap, this world. America's going to hell
Starting point is 00:35:26 in a ham basket. Maybe I should be lucky that I have this job. Maybe I shouldn't ask for that raise. I should just be happy. I have the job I got. Let me, let me stay safe. Let me stay secure. and then you shrink, right? How about hanging out with someone in your life that tells you to stop being a dreamer? You really shouldn't start a podcast. You got this great job. Why would you want more? Why do you want to ask for the raise?
Starting point is 00:35:45 Why do you want to start their own business? You hang out with someone like that. You might be empowered and strong. You might have the Superman logo under your shirt, but when you hang out with that person, you button it back up. You go back home and go, maybe I should be happy with this life. These things are cumulative. Watch the news, hang out with your negative friend.
Starting point is 00:36:03 And then the last thing that was a bunch of my could share with your last one, I wish someone told me this and gave me this gift when I was younger, even in your career, your job, your business, whatever it is that you do, stop working on your weaknesses and stop feeling inferior about the things you're bad at. Like today, stop it. When you work on your weaknesses, all it does is make you feel bad about yourself. And here's a gift I wish someone gave me. Figure out what you're good at and get amazing at it. And let the stuff you suck at or you're insecure about or rob your confidence. Let someone else do it. Or pull you. pay someone to do it. When you can see, I don't care if you even in a corporate job,
Starting point is 00:36:39 if there's something that you hate doing, pay someone to do it. And when that time is being done by someone else, obsess on the things that you love that can actually move the needle in your life and watch your ROI go through the roof. Wow. I think that is absolutely incredible advice. I think your points about kind of like changing your environment, making sure you're hanging out with the right people, making sure that you're not getting consumed by the news and letting that take over your feelings and how you feel about yourself. I think that's wonderful advice. I'd like to switch gears to something a little bit more personal. From my understanding, you grew up with divorced parents. I think at a young age, your parents got divorced.
Starting point is 00:37:18 And then between them, they divorced like nine times. You seem like a very mentally stable person, somebody who's really got a good head on his shoulders. So how did their divorce impact you? And how did you not get traumatized by that experience? actually I did get traumatized. So a really good question, and I'll be completely transparent. I am, it wasn't easy. And again, when I share, I just want you know I'm sharing an experience. I'm not sharing because I want any sympathy or empathy for it. So, but my father couldn't really handle the divorce. My father was the youngest of 12. He was sexually and physically abused, like most of his childhood. And he didn't ever repair that. So we had this inner anger. And now my dad's in a great
Starting point is 00:38:01 space and I love him dearly, but my dad struggled with that and he pushed his family away and kind of terrorized us in a way without realizing his father physically beat him and he decided I'll never hit anybody in my family, but it came out in other ways, right? Yeah. So there was a lot of back and forth and my mom, she got married and divorced five times, my dad, four. So marriage didn't seem like a thing. Like it didn't seem like it worked. And I have to say, I went through a divorce. and I never thought I would because of that. But I have to say, I know a lot of the reasons why, and I'm responsible. I have to take responsibility from my part in that.
Starting point is 00:38:40 But when I was going through my divorce, when I knew it was an absolute thing that was happening, there was no way around it. And I'm not an advocated divorce. I'm just saying this was the decision for us. It caused a lot of anxiety. In fact, I'll go into this any way you want. But the truth of the matter is, it opened up wounds from my four, five, six-year-old self. and for the first time in my life, I had real anxiety attacks.
Starting point is 00:39:03 Like, I didn't know what an anxiety attack was. At, you know, my late 40s, I popped Xanax two days a week just so I could sleep. And I don't even take aspirin. I don't drink a lot. I don't take any, like, I just don't like putting anything in my body. And I was taking Xanax just so I could get two nights a week's sleep. Like, had crazy panic anxiety, not from the divorce because my ex and I had already figured that out.
Starting point is 00:39:24 We were working on a friendship. We were already living in different places. we had already lived in different bedrooms for three years before we got a divorce. That was fine. But all these old worries of my children came back. And it was a really brutal time. And tell me what part. I'd love to share what I did to come out of that, what I shifted, how I'm in the best
Starting point is 00:39:45 relationship my life, how my kids are thriving, my ex is of your friend. What part could I help your audience with? I'm interested to understand, like, how you, like, first of all, you're friends with your ex. So I think that's relatable to everyone. Like, how did you maintain? a healthy relationship with your ex, while also getting married to somebody else,
Starting point is 00:40:03 starting a little new family. So here's what I just, I'm just going to say it like it is I'll hold, I'm not going to hold anything back. It was freaking me out. And freak out is just a fun way to put, like losing my mind, journaling at night. And I started doing all the things.
Starting point is 00:40:17 Like I am friends with Tony and great people, my buddy, Dr. Daniel Ayman. And I went and saw Tony for a couple days and Daniel Ayman for a couple days. And I read books on it. And I was meditating. and I was waking up in the morning and doing yoga, and I was journaling every day.
Starting point is 00:40:32 I could not, and this is just something for everybody to think about, I did this in business, but I didn't do it in my personal life. And I'll tell you what that is in a minute. I couldn't stop the feelings I had. Nothing seemed to be working. I just kept going back to this younger version of myself, and I felt like I was going to put my kids through the same trauma I went through. That wasn't the kids, but that's the way my brain was telling me that was going to happen.
Starting point is 00:40:55 And I started thinking, what is one, and this is something I want everybody to take away. If you take nothing from this, this podcast, take this, when you can have exponential results, when you can solve one problem that solves many, that's how you grow your career. That's how you grow your income. That's how you grow your business. I do that all the time in my business. What's one thing I can solve that solves multiple things? And I just, I started getting this frame of mind, like nothing seems to be working. I'm losing my mind and I started thinking what's one thing and the one thing was because I was worried my kids wouldn't respect me. I wouldn't see him as much. I travel a lot. What if it's not my day when I come back?
Starting point is 00:41:32 What if all the values and core beliefs I put into my kids go away? Like I do Sunday meetings with my kids. I pick them up every day from school. I cook my kids breakfast. I cook them like I'm an engaged dad. I'm thinking I'm just picturing all that it's going away that their mom's going to talk bad about me and all those things and I'm like, what's one thing I can do? And I have to tell you my life changed when I realized if I can be friends with my ex, like real friends, not just fake. Like someone, I made a list of 10 things I could do and I sent it to her on how I could be a real friend. And what I said is, you know, things like I will listen when you talk. I will never disparage the kids and when you're not around no matter what. When I meet somebody, they have to accept
Starting point is 00:42:11 that I'm friends with my ex and that I don't talk bad. I will never say a bad thing about you in the entire universe anywhere you never hear. And I just declared these 10 things and said, if I can be friends with my ex, all the other worries go away. She's never going to talk bad about me. She's not going to try to steal and have more custody than 50-50. She'll be flexible when I travel. And when I found the answer, not even when it happened, all the anxiety was almost like a ship coming out of a storm,
Starting point is 00:42:36 like rocky, crazy, and then all of a sudden, boom, it was like a flat surface. And then when that worry was off me and we saw we could do that, my kids saw the respect. And one more thing they remember. This is a hard one, and this relates to what's going on in the world right now. I just decided to replace anger, guilt, worry, frustration with compassion. It might have been the hardest thing I've ever done. And every time I go like, why does you want that money?
Starting point is 00:43:03 I'm going to look through the eyes of compassion. And when I started doing it, it became a habit. And within six months, I just always replaced all of those emotions that do nothing but hurt, destroy with compassion. Long story short, built a friendship. I had the ability to work on me. I decided, I looked internally for the first time on the relationship side, on a deeper level and said,
Starting point is 00:43:24 how can I become a better man? I don't want to find a woman that can fill me up. It's like, how do I become a man that attracts a woman where I can find the relationship of my life? And I did a lot of work on me, and I got coaches and read, and I interviewed people in great couples, and I realized some of those old beliefs from my family's divorces were lingering inside of me, and I got to purge those out.
Starting point is 00:43:46 And then Tony made me make a little. list of everything I wanted in a relationship and everything that wasn't acceptable. And he said, look at that every single day. And I did. I wanted someone who would love my children like their own, someone who was into health and personal growth. And I wrote all these things down. I wrote all the things that were unacceptable people that were negative, people that were racist or people like, I had all this list of what I didn't want. And I manifested it. And I'm married to the one of my dreams. And you guys look so happy. We are every day. And it's not for Instagram. And this is the last big lesson. And if I took too
Starting point is 00:44:16 long to share that. I'm sorry, but here's the last thing. Your next level of life, and you've heard this before, but I want you to hear it for the first time, lives on the other side of the thing you fear the most. I fear leaving my children. I didn't fear getting a divorce. I feared leaving my children. It caused pain and anxiety. Think about this last analogy is you're in a ship and your ship's, okay, you're in the bay. And there's other ships around and maybe your ship's a little bigger than everyone else's are the same size and you're comfortable, but you're just not happen. But the only way out of that bay is a tornado and it just stays out in the bay and it's always there and the only exit is through the tornado. You can stay in the bay, you can look back in your
Starting point is 00:44:54 life and go, I lived an okay life. I wasn't ready for okay. My ex and I hadn't held hands in 10 years. We hadn't slept in the same bed. My kids didn't see what love was. I felt empty on the inside. I'd go on stage in front of 20,000 people. They'd all cheer and love me and I'd go backstage and be alone and I'd feel alone, right? I had all those feelings. The only way I could find love, happiness, abundance was on the other side of the storm. And a couple times I started going the storm, I got scared, I went back. Like, picture that visual. And then finally, enough was enough.
Starting point is 00:45:25 There was no going back. And I took my ship through that storm. And it was hell. And I had anxiety attacks and worry. And now that I'm on the other side of it, I'm a better person. I'm a better version of me. I've navigated new territory. And I can see through a deeper level of empathy and compassion.
Starting point is 00:45:41 And I'm a better dad. I'm a better ex. I'm a better husband to my wife. I'm a better leader. You know, I have so much respect for you that you found a new woman, but you didn't just, like, leave your family to the side and you prioritized your ex and your children. And that's really respectable.
Starting point is 00:45:57 My last question to you, and I know we're really close on time, what is your secret to profiting in life? This is a question we ask all of our guests. You know, I said this already, so I don't want to beat it up, but really identify what happiness is because it changes all the time. analyze what true happiness is, what true success means to you, and fight for it every single day.
Starting point is 00:46:19 That drives me. That's my greatest success. That's my greatest profit is I know what I love. I love being a family man. I love impacting lives. I love my team and I love growing as a human. And I will fight from that to the end.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.