Episode Transcript
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0:01
Race the Race the runners, race the
0:03
sales, race the sales! Captain,
0:05
an unidentified ship is approaching,
0:07
over. Roger, wait, is that
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an enterprise sales solution? Reach
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0:32
Welcome to the Resilient
0:34
Mind podcast. In this episode, you
0:36
will be listening to Mastering Your
0:38
Mind with Mo Godat. Get access
0:41
to the Resilient Mind Journal
0:43
by clicking the link in the
0:45
show notes. Enjoy. It could be. I
0:47
mean, if you want to find love, do
0:49
what you love. Very straightforward. If you're
0:51
into reflection and personal development, go to
0:53
personal development conferences, sit with personal development,
0:55
people like me, I'll buy you coffee
0:58
anytime. Or go to a retreat, for
1:00
example, the people that will go to
1:02
the retreat. It will be the type
1:04
of person that you're looking for. I
1:06
gave that advice to one of my
1:09
dear friends and colleagues when I worked
1:11
at Google. She was part of Google
1:13
in Poland. And I told her that
1:15
I said, if you want to find
1:18
love. do what you love. So she
1:20
went and asked herself, what do I
1:22
love? I love tango. Went and
1:24
started, you know, attended a
1:26
tango class, ended up marrying
1:29
the instructor, right? It's simple. You
1:31
want someone that matches you, go
1:33
to the places where those things
1:35
happen. Those places could be physical
1:38
places. They could be online, okay?
1:40
They could be serendipitous because
1:42
you're searching for those things,
1:44
but just know what you stand for.
1:47
I'm, you know, you know, not a party
1:49
animal, I'm never going to find
1:51
my match in a party. So do I
1:53
go to parties? No, I don't, really.
1:56
I mean, I go sometimes when there
1:58
is a reason to go. But otherwise,
2:00
no, that's not how I spend my
2:02
time. Money is an illusion at
2:04
every level. Money doesn't exist. You
2:06
and I know that. Anyone who understands
2:09
fractional reserve and how money is
2:11
printed and generated, money does not
2:13
even exist. You walk into a
2:15
bank and you ask for a
2:17
50,000 pounds loan for a car
2:19
and they literally write the numbers
2:21
500,000, 500, in a spreadsheet and
2:23
poof. Money comes out of nowhere. That
2:25
money never existed before you
2:27
borrowed it. Okay, and will only
2:30
exist when you work your
2:32
backside off to pay it
2:34
back, right? And interestingly, that
2:36
illusion was created to make
2:38
our lives easier and then
2:41
it ended up making our life
2:43
a lot more difficult. Now,
2:45
why? Because most of us are
2:47
so chasing the revenue side of
2:50
money without a full understanding of
2:52
the cost side of money.
2:54
Let me try to explain. For
2:56
you to get a job in
2:58
London that pays you a hundred
3:01
thousand pounds, just for simplification
3:03
of the mathematics, you have
3:05
to live in London, which costs
3:08
you 70,000 pounds. For example,
3:10
I don't know London very well,
3:12
but let's say these are the
3:14
numbers. But on top of the
3:16
70,000 pounds, it also costs you
3:18
your stress. It also costs you being
3:21
far away from your mom if
3:23
your mom lives elsewhere. It costs
3:25
you your time, which is your
3:27
most valuable resource. The only thing
3:29
you really have in your life
3:31
is your time. And it costs
3:34
you so many other things. Right? And
3:36
so most people don't
3:38
understand the cost-benefit relationship
3:40
to start. Now, you take that
3:42
and then you add a Louis
3:44
Vuitton bag or a fancy car,
3:46
and suddenly your money is not
3:48
even going as far as it could,
3:51
because you could get yourself a
3:53
bag. that is beautiful and everything
3:55
for a hundred pounds, but then you
3:57
choose to to buy one for
3:59
several thousand pounds and then you have
4:01
to work harder which makes you may
4:03
pay more costs and that and the
4:06
cycle becomes even more vicious right you
4:08
continue further than that and you start
4:10
to say so I save some of
4:12
that my some of my money in
4:14
the future but your savings are suffering
4:17
inflation So you save a thousand pounds,
4:19
they become 900, they become 800. When
4:21
in reality, by the way, you've saved
4:23
the thousand pounds, when you could have
4:26
borrowed them by entering some numbers in
4:28
a spreadsheet, the entire recipe around that
4:30
story is wrong. Everything around money is
4:33
not what we believe in it is.
4:35
Which basically makes it an illusion. Now
4:37
the biggest part of that illusion, believe
4:39
it or not, is, and I know
4:42
you have money in the bank, is
4:44
that you have nothing. I don't know
4:46
if you realize that. Most people
4:48
don't understand that if I have
4:50
a hundred pounds in the bank,
4:52
I literally have nothing. I have nothing.
4:54
The bank has my hundred pounds and
4:56
the bank can decide whatever they want
4:58
to do if they want it to
5:01
take it away from me. And it
5:03
is only my money when I choose to buy
5:05
an iPhone or something with it. For
5:07
that one instant, that money is mine.
5:09
And then once I get the iPhone,
5:11
it's not mine anymore, I now have the
5:13
iPhone. Right? You basically assign that
5:15
money that is never yours, it's
5:18
the banks, until the minute you spend
5:20
it, to spending it on things that
5:22
most of us don't ever interact with.
5:24
I mean, look at your own home,
5:26
anyone listening to us, and how many
5:29
things you have in that home that
5:31
you've not ever used, ever. You know,
5:33
you saw that pair of shoes in the
5:35
window and you were like, oh my
5:37
God, I have to have them, spent
5:39
several a hundred... pounds on them or
5:41
several tens of pounds on them and
5:43
then ended up taking them home never
5:45
ever putting them on Right now all
5:48
of that waste along the way the cost
5:50
of earning the money the things that you
5:52
spend it on the actual value of the
5:54
thing that the things that you spend it
5:57
on Basically tells you that there is one
5:59
truth to my which is I have
6:01
basic needs. I have basic needs
6:03
and my basic needs are
6:05
to be reasonably covered, reasonably
6:08
fed, reasonably safe, and so
6:10
on and so forth. And
6:12
in the Islamic culture we
6:14
call this risk which is
6:17
different than income. Risk is not
6:19
how much money you earn, it's
6:21
the good that that money brings
6:24
you. It's did you eat a meal
6:26
today? That is actually what you're looking
6:28
for in life. It's not the money
6:30
that gets you the meal. Okay?
6:33
What you're looking for is the
6:35
meal. Could you actually buy something
6:37
for your daughter today? The thing
6:39
is what you're looking for. It's not
6:41
the money that got the thing. And
6:43
if you start to chase
6:45
that, something very different happens.
6:47
Right? Suddenly you start to ask
6:49
yourself, hmm, is buying that thing
6:51
worth the 17 hours of work I'm going
6:54
to put in them? Which of those?
6:56
Which would I prefer if I gave you
6:58
the two choices and said, buy this bag
7:00
or spend 17 hours with your friends? If
7:02
you see it that way, you make very
7:05
different decisions. It leaves us
7:07
with the very big other illusion,
7:09
which is, but money is safety
7:11
more. It's not like I want
7:14
money because I want more fancy
7:16
things. I just want to feel
7:18
safe because the world is unpredictable.
7:20
Sadly, when the world is unpredictable,
7:22
money is not going to save
7:24
you. Okay, and I think my story's
7:26
been very, very, very big eye
7:28
open. I had enough money. I, you
7:31
know, I had enough connections and enough
7:33
influence, and I, you know, failed to
7:35
protect my child's life when it was
7:38
time for him to go, right? I,
7:40
you know, I think we know many
7:42
stories of someone that maybe falls and
7:44
breaks your back. What would your money
7:46
do for you? Safety is a much
7:48
bigger thing. than just a little bit
7:50
of money in the bank. And by
7:52
the way, safety is an attitude, is
7:54
an idea to tell yourself, when I
7:56
need it, I will make it. When I
7:58
need it, I will have it. Perhaps the
8:01
answer is I don't need so much
8:03
of it anyway. And I think, you
8:05
know, again, like everything in life,
8:07
you want to have this skill
8:09
of making money. Money is power.
8:12
You know, again, when you were
8:14
speaking on Slomo, you basically said,
8:16
I love the idea of being
8:19
able to build this setup for
8:21
the podcast of spending on my
8:23
show and so on. That's wonderful.
8:26
Okay. Money is power. But... It's
8:28
power as long as you own it and
8:30
it doesn't own you. The minute money
8:32
owns you and lack of it starts
8:34
to distract you and looking at how
8:36
much your other friend has and he
8:38
has a little more than you, you
8:40
know, hurts your ego, once it gets
8:43
into that realm, then money works against
8:45
you. It doesn't work for you. Nothing
8:47
is good or bad, nothing is right
8:49
or wrong. Everything is both right
8:51
and wrong and wrong and everything
8:53
can be both. good and bad.
8:56
It depends on what you want
8:58
to do with it. And one
9:00
of the messages I constantly tell
9:02
everyone in the world is absolutely
9:04
become successful, become powerful, become rich,
9:06
because the biggest problem with our
9:08
world is that the most successful,
9:10
most powerful, and the richest are
9:12
the worst of us. Okay? And I don't
9:15
generalize and say that's the truth, but
9:17
it's actually easier to make money if
9:19
you break some rules than if it
9:21
is, if you're ethical. And so as
9:23
a result of that. a good chunk of
9:25
the big money in the world
9:27
is not super ethical, right? And
9:29
if I have more money, I
9:32
can fuel my one billion happy
9:34
mission, and that's a good thing
9:36
for the world. That's by the
9:38
way, owning money, not letting it
9:40
own you. Right? So if I
9:42
can get to the point where
9:44
I make it and actually give
9:46
it to one billion happy, then
9:48
that's amazing. If I get to
9:50
the point where I make it
9:52
and then, I'm not doing the
9:54
right thing. Having said that, of course
9:56
you know how I admire you
9:59
and respect you. This is your zoom
10:01
lens of the world, okay? For
10:03
someone else, four pounds, some
10:05
sticky paper and a couple of
10:07
scissors, and spending an hour with
10:09
her daughter doing something beautiful,
10:12
okay, is as impactful,
10:14
maybe even more impactful
10:16
than the entire show, because
10:18
that one daughter with the sticky
10:20
paper and scissors might end
10:22
up becoming one of the
10:25
most pronounced artists in the
10:27
world, prominent enough. to change
10:29
the world with four pounds,
10:31
scissors and a piece of
10:33
paper. Right? Now we somehow,
10:35
especially those of us like
10:37
you and I who had
10:39
experiences in life where they
10:41
put effort and the effort
10:43
rewarded them, okay? We think that
10:45
we are the ones that are
10:47
changing the world or making
10:50
a difference. No, we're not. Okay.
10:52
The reality is we need
10:54
we need to understand that
10:56
Again, I admire you and I
10:58
know you'll not feel upset. Half
11:00
of what you know is wrong.
11:02
Half of what I know is
11:05
wrong. Absolutely, right? And it's
11:07
just an attempt. It's just
11:09
an attempt with, you know,
11:11
whether that attempt, Steve is
11:13
an attempt because of money
11:15
or is it an attempt,
11:17
because you just spent time
11:19
with your driver. talking about
11:21
something or you know you
11:23
were telling the story. All
11:25
of those things, I think
11:27
the game is I'm going
11:29
to do the best that I
11:32
can to acquire the resources
11:34
that I'm good at acquiring
11:37
to direct them in the
11:39
investments that I have
11:41
accessible to me. Okay, if
11:44
you are a cashier, you know
11:46
at a supermarket and you're making
11:48
enough money to spend wonderful time
11:51
with your daughter, to do a
11:53
bit of art, then that in
11:55
itself is a form of contribution
11:59
that changes. is the world
12:01
and you'll never know that one
12:03
daughter might cure cancer. Well I
12:05
mean what I what I admire
12:07
most about you is you're able
12:10
to see and say this okay
12:12
if you're you know
12:14
if you've achieved total
12:16
enlightenment you'll be gone okay
12:18
none of us is ever
12:20
there that the challenge is
12:22
this some people are completely
12:24
egocentric and not even aware yeah
12:27
okay some people are struggling.
12:29
Okay? And some people are, you know,
12:32
doing the best they can, understanding,
12:34
as I say, that in compartment
12:36
two, there is something and they're
12:38
okay with it. Okay? And the trick
12:40
is, you're always trying to move
12:43
a little bit higher. And that
12:45
higher, you know, and that little
12:47
voice in your head, I follow
12:49
that model. And it sounds simple,
12:51
but it's actually quite interesting. I
12:53
call it B Learn, do. B
12:55
learn do is most of us
12:57
in our life we look at
13:00
problems and we say here's the
13:02
solution right that's we're
13:04
mostly almost anchored in
13:06
doing doing again is
13:09
a very masculine trait
13:11
okay interestingly a lot
13:13
of doing is as harmful
13:15
as it is beneficial
13:17
you know the good doing is
13:19
a doing that is informed by
13:22
a form of being and by
13:24
a certain level of skill that comes
13:26
from learning. So what I normally try
13:28
to follow in the entire manual to your
13:30
brain is to say, okay, for everything that
13:33
we will find, we will have to be,
13:35
then learn, and do. Okay? So you're
13:37
very good. One of the people I
13:39
respect most about that idea of being.
13:42
You look at yourself and you say,
13:44
oh, I am doing that because of
13:46
that insecurity that happened when I was
13:48
this. That's an amazing achievement in itself.
13:50
That's a third of the way. Right?
13:53
I know what I need to work on.
13:55
And I think it's the challenging third of
13:57
the way, believe it or not, because we...
13:59
The Race
16:44
the runners, race the sales,
16:46
race the sales! Captain, an
16:48
unidentified ship is approaching, over.
16:51
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enterprise sales solution? Reach sales
16:55
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