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I Have A Secret To Tell You... | E53

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I Have A Secret To Tell You... | E53

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1785 segments

0:00

i tested positive for the coronavirus

0:03

and that

0:04

is why you didn't hear from me last week

0:06

i said i was going to do this podcast

0:07

every single monday

0:08

we got off to a bit of a rocky start

0:10

because during last week's podcast i

0:12

actually

0:12

had the virus and i didn't know and it

0:15

turns out my

0:16

pa had the virus my cameraman who's over

0:19

there also had the virus my whole team

0:21

around me tested positive for the virus

0:23

at the same time and none of us knew

0:25

and in terms of the experience that i

0:27

had with the virus i had one or two

0:28

tricky days there was

0:30

one day in particular last week where i

0:32

had mild flu symptoms

0:34

and then i started to get this really

0:35

bizarre muscular pain in my back

0:37

and i remember it being three or four

0:39

a.m in the morning and i'm lying in bed

0:41

thinking how do i stop this pain in my

0:42

back

0:43

and i ordered um ibuprofen and i think

0:46

like painkillers on

0:47

delivery which were delivered to my door

0:49

at 4am

0:50

and that night i remember pulling my

0:52

pillows off my bed and sleeping on the

0:54

floor of my bedroom to try and

0:55

straighten out my back

0:56

weird symptoms to get i know um but

0:59

that's the virus

1:00

the symptoms are so unpredictable and

1:01

crazy my assistant lost her taste and

1:03

smell which is quite a popular one

1:06

jack had a bunch of cold symptoms and

1:07

things like that as well but

1:09

thankfully we all recovered and that

1:12

isn't always the case

1:13

and a lot of people especially people

1:15

that are a little bit more vulnerable

1:16

and have

1:17

pre-existing conditions aren't always

1:19

that lucky

1:21

but it made me reflect it made me

1:23

reflect on the craziness

1:24

of the world right now isn't it nuts

1:27

isn't it absolutely bonkers what's

1:29

happened over these last seven or eight

1:30

months

1:31

all of the lockdowns all of the

1:32

restrictions the travel restrictions the

1:34

the redundancies the the battles the

1:37

political battles it's

1:38

absolutely crazy it's been the most

1:40

crazy seven months of my life without

1:43

exception and hard times

1:46

as much as they suck in the moment they

1:48

teach us important lessons

1:50

and there's some lessons which i've

1:52

learned more starkly than others which i

1:54

wanted to talk about today

1:55

the things that i've been writing about

1:57

here in my diary and i'm going to start

1:59

there this week i'm going to share one

2:00

of the key lessons that i've learnt with

2:02

you

2:02

so without further ado i'm stephen

2:05

butler

2:05

and this is the diary of a ceo i hope

2:08

nobody is listening

2:09

but if you are then please keep this to

2:11

yourself

2:19

okay so the first thing in my diary this

2:21

week is just a lesson that i've learned

2:23

because

2:23

of this pandemic and because of all the

2:25

restrictions and the lockdowns i've just

2:27

written in my diary

2:28

learn how to contrast in the right

2:30

direction let me explain what i mean

2:32

you know i had this moment this week

2:34

where i started really thinking about

2:36

all of the things that i miss and to be

2:37

honest i keep slipping back into these

2:39

thoughts

2:40

you know in the uk and in the us at the

2:42

moment what we're seeing is the

2:44

government start to talk about further

2:46

restrictions and

2:47

returning to the lockdowns that we had

2:48

in march and every time i hear these

2:50

stories and i go on twitter and i see

2:52

the headlines i start to reminisce

2:54

over my old life you know and i miss

2:58

going to the theater i miss how fun my

3:01

weekends with my friends used to be i

3:02

miss

3:03

you know as a big manchester united fan

3:04

i miss going to old trafford and

3:05

watching my team play

3:06

i miss new york city which is where i

3:09

lived before

3:10

all of this craziness happened and

3:11

before they shut the borders and stopped

3:13

me getting back in

3:14

i miss speaking on stage i used to

3:17

travel around the world

3:18

speaking to thousands of people in every

3:20

corner of the globe i miss being in the

3:21

office

3:22

with hundreds of our team members

3:25

building the business together i miss

3:26

my old life but i'm sure i'm sure that

3:30

many of you listening to this have

3:32

reminisced over your old life and the

3:33

things that you miss

3:35

in the last few weeks and months pretty

3:37

you know

3:38

unavoidably and typically when we

3:42

do this in a more subconscious way

3:44

without really thinking about it

3:45

we arrive at a place of sadness a place

3:48

of

3:49

self-pity a place of grief at least i

3:51

know i did

3:52

you know and i almost honestly

3:55

this is kind of embarrassing to admit

3:57

you'll understand why i think this is

3:58

embarrassing now that i say it

4:00

i almost started feeling sorry for

4:01

myself and this

4:04

for the love of god is why you have to

4:06

interrogate your own thinking

4:09

and let me just interrogate exactly what

4:12

i've just said to you about all of the

4:13

things i miss and let me

4:14

try and reframe all of those things

4:16

through another perspective

4:18

when this global pandemic happened i was

4:21

a 27 year old guy

4:23

who was able to go to the theater go to

4:26

old trafford and watch my favorite team

4:27

play

4:28

whenever i wanted to i lived in a

4:30

beautiful apartment in new york city

4:32

eating at the best restaurants in the

4:34

world

4:34

traveling around the world in business

4:36

class getting paid to speak to thousands

4:37

of people on stage whilst running a

4:39

global business that was full of my

4:40

friends

4:41

the thing that took me from that is a

4:44

global pandemic which has killed

4:46

over a million people and it's

4:48

devastated people's livelihoods it

4:50

stripped them of their

4:51

generational family businesses and it's

4:53

plunged them into desperation

4:56

right now many people can't even pay the

4:58

bills

4:59

feed their kids many people can't even

5:02

bear the thought of their future

5:04

meanwhile all of my family are healthy i

5:06

have work

5:08

i have freedom i can feed myself right

5:10

now there are more people than

5:12

ever praying for the family praying for

5:14

the health praying for the opportunities

5:16

and praying for the life

5:17

that i have right now and that you have

5:20

right now

5:21

and then and when you start to think

5:22

about it like that

5:26

it changes things and if you think about

5:29

it like that you'll probably arrive at

5:30

the conclusion that 2020

5:33

shouldn't make you feel sorry for

5:34

yourself it should make you feel so

5:37

unbelievably grateful

5:39

and this is the power of contrast when

5:42

you contrast your life in the wrong

5:43

direction you can make yourself

5:45

miserable like i did

5:47

you know i was on the verge of wallowing

5:50

in self-pity because i couldn't go to

5:51

the

5:52

theater anymore because i couldn't go to

5:54

old trafford and watch my

5:56

because i didn't get on business class

5:57

flights and get to fly to every corner

5:59

of the world

6:00

even [ __ ] privileged [ __ ] like me

6:01

can make the mistake

6:03

right so i can't imagine how easy it is

6:06

to make this mistake for everybody else

6:07

when you contrast your life

6:09

up as i was doing to the life you had

6:11

back in march

6:12

to someone more fortunate than you to

6:14

someone that's prettier than you on

6:16

instagram or to someone that looks more

6:17

successful

6:18

than you from the outside you'll quickly

6:20

arrive at a place of self-pity

6:21

and ungratefulness which is the quickest

6:23

way to unhappiness

6:25

but if you contrast your life down to

6:27

the billions and billions of people that

6:29

would do anything to be in your shoes

6:31

that would do anything to have the

6:32

health of their sick parents back

6:34

to have a warm home to have a fridge

6:37

full of food to have a secure job

6:39

then you'll arrive at gratitude and

6:40

honestly gratitude in my life has been

6:42

one of the best ways i've

6:43

ever known to be happy the world we see

6:46

and how we see it is a direct result of

6:48

contrast

6:49

and the contrast games that you play

6:51

every day if you

6:52

stroll through the corridor of a

6:54

hospital and you peer into the

6:56

the wards and you peer in and look at

6:57

the different patients

6:59

what you'll see is people sick and

7:01

suffering and in some cases

7:02

unfortunately dying

7:03

and suddenly because of that contrast

7:06

you'll feel so grateful for your good

7:08

health and we i do this all the time

7:09

you know i had this problem a couple

7:11

years ago with one of my ears where i

7:12

woke up one day and there was this faint

7:14

ringing sound in my right ear and at

7:16

first i thought it was nothing i thought

7:17

it would pass

7:18

but after two days my ear was still

7:20

ringing i go on google i google it

7:22

comes up as something called tinnitus or

7:24

tinnitus right and it and i'm reading

7:26

through these forums of people saying

7:28

that they've had it for their entire

7:30

lives it came out of nowhere and it

7:32

ruined their lives

7:33

it stopped them from sleeping it made

7:35

them depressed it stopped them from

7:36

focusing

7:37

it fundamentally changed their lives and

7:39

after 10 days of my ear just ringing

7:41

non-stop

7:42

faintly i came to terms with the fact

7:45

that i was gonna have this for the rest

7:47

of my life

7:48

and i couldn't stop thinking about it

7:50

because when your ears always ringing

7:52

it's hard

7:53

to ignore right and i couldn't sleep

7:55

properly and i started to worry

7:57

and in that moment after two weeks of

7:59

one of my ears ringing

8:01

i can't tell you how much i

8:04

longed and wished for my normal hearing

8:07

back

8:08

for just normal ears for that ringing to

8:10

cease and it made me feel so ungrateful

8:13

that it took an element where my ear

8:15

would just ring constantly for me to

8:17

suddenly feel grateful for

8:19

my eyesight my ears the fact that i can

8:21

walk that i have ten fingers that i can

8:22

think

8:23

and that's the way that contrasts work

8:25

you know the same applies for the

8:27

technology in our lives those old

8:29

nokia brick phones were the best thing

8:31

ever in a world

8:33

that didn't have the iphone in it and

8:35

your life right now

8:36

in the midst of the pandemic in what

8:38

month are we in october

8:40

is such an amazing privileged life

8:44

in a world where you can't remember your

8:45

old one the one you had back in march

8:48

this year taught me that the grass will

8:50

always look

8:51

greener on the other side until you

8:53

start watering the side that you're on

8:55

right now and that's really all you can

8:56

do

8:57

contrasting up is just such a deadly sin

8:59

that we all need to avoid especially in

9:01

moments like this

9:02

we all have to be aware conscious and

9:04

mindful of how we're contrasting because

9:06

the world is a crazy place and there's

9:08

no guarantee that it's not going to get

9:09

crazier right

9:10

and if you continue to contrast up

9:12

you'll contrast

9:13

yourself into depression and despair and

9:16

misery and self-pity

9:17

like i nearly did like i nearly did when

9:19

i started reflecting on my old life and

9:22

telling myself all of all of the things

9:23

that i missed not the things that i have

9:26

having control of your contrast can

9:28

fundamentally change the way you see the

9:30

world and if it can change the way you

9:31

see the world

9:32

it can change how you feel and if it can

9:34

change how you feel then

9:36

it can change your life let's move on

9:44

i have a secret to tell you and this is

9:46

the second point in my diary this week

9:47

it's a secret that i only found out

9:50

and started to deeply understand

9:51

recently when i say recently i mean

9:53

the last 24 months it's a secret that i

9:55

really started to understand

9:57

honestly being completely honest with

9:59

you when i got rich and when i got

10:01

rich friends and those rich friends

10:04

pulled back

10:05

a certain curtain and allowed me to see

10:07

behind it i'd always heard about this

10:08

i'd always heard that there's

10:10

another curtain i heard joe rogan did a

10:12

a podcast with um

10:14

kevin hart and on the podcast kevin hart

10:16

talks about meeting jeff bezos and

10:17

realizing that there's this other

10:20

level there's this other curtain which

10:22

some people have access to

10:25

and the more wealthy that i got and the

10:26

more you know wealthy people that

10:28

started to

10:29

to surround me i started to understand

10:31

what kevin hart meant

10:32

and i started to understand what that

10:34

secret is here is the secret

10:37

access to information and

10:40

information itself that is the real

10:43

privilege in this world that's the thing

10:47

if your rich parent gives you money

10:49

that's like them giving you a fish right

10:51

but if they

10:52

pull you into the family business and

10:53

show you how it works

10:55

they're giving you a fishing rod money

10:58

is efficient life and information is a

11:00

fishing rod and only one of those things

11:01

will feed you for a lifetime

11:03

and when you get to the level that i'm

11:04

at now and you have access to a new

11:06

level of information you're

11:07

associating with a different level of

11:10

person

11:11

you realize how much you didn't know

11:12

before and you didn't know

11:14

because you don't know what you don't

11:16

know it they are unknown unknowns

11:18

and so back then i was kind of naive i

11:20

just thought i knew

11:21

everything and where i'm at now i

11:24

started to wonder

11:26

why no one told me this stuff the stuff

11:28

i know now about wealth and finance and

11:30

about how these systems work

11:31

and you start to realize why the rich

11:33

get richer and why the poor

11:34

stay poor information and access to

11:38

information obviously there's a ton of

11:40

systemic issues which are controlling

11:42

things but for me

11:43

information and access to information is

11:45

the single biggest one

11:47

when i made my first million i started

11:49

studying wealth right and i started

11:51

studying investing in finance and i

11:52

started to get really obsessed with how

11:54

i could turn the money i had into a lot

11:57

more money

11:58

i started speaking to more millionaires

12:00

and billionaires i started spending more

12:01

time with billionaires and i got to see

12:04

what i refer to to my close friends as

12:06

money games

12:07

the games that they play and how they

12:08

double triple and quadruple their money

12:10

just by having certain information and

12:13

this is information that most of us

12:14

don't have we aren't given we aren't let

12:16

in we aren't allowed to see behind the

12:18

curtain

12:18

and these are games that i never knew

12:20

when i was broke games they didn't teach

12:22

you

12:23

or me in school games that really rich

12:26

people have no incentive to teach you

12:27

because they're too

12:28

busy playing them the people that sell

12:31

money and those finance courses on

12:32

instagram they aren't rich

12:33

right they're selling new courses on

12:35

instagram if they knew a better way to

12:36

make money they wouldn't be

12:38

spending their time selling you courses

12:39

on instagram but there's another level

12:41

there's another level of information

12:43

which is what i think kevin hart was

12:45

referring to when he spoke about being

12:46

able to peer in behind the

12:48

curtain and you know i'm gonna really

12:50

disappoint you here after what was

12:52

probably one of the biggest

12:53

build ups that i've ever done on this

12:55

podcast because i don't have enough

12:57

time in the hour or so that we have on

12:59

this podcast to teach you everything

13:01

that i've come to learn

13:02

and to be honest even if i did i don't

13:05

think that's the most

13:06

valuable thing that i could give you in

13:08

this hour that we have together today

13:10

just like money is a fish right me

13:13

telling you today's information is also

13:14

a bit of a fish

13:15

because things change quite quickly in

13:17

the world and even if i could tell you

13:18

everything i knew now

13:20

about money games it would at some point

13:22

expire

13:23

it would very quickly change i think the

13:26

most valuable

13:27

important fishing rod that i could give

13:29

you in this hour is in fact a change of

13:31

mindset

13:31

i think if i can get you to realize that

13:34

your monetary

13:35

future value and how rich you'll be in

13:36

your life is perhaps somewhat equal to

13:38

the value of the information you have in

13:40

your brain

13:40

then maybe maybe just maybe you'll start

13:43

to value information and learning and

13:45

the pursuit of knowledge

13:46

even more and in the world we live in we

13:48

all have

13:49

access to the to the same information

13:51

pretty much

13:52

but most of us still don't understand

13:54

the true value of it

13:56

one of the greatest privileges i think i

13:58

could ever give to my future kids

14:00

is to teach them the value of learning

14:03

gaining experience acquiring information

14:05

and

14:06

self-education which is something we can

14:08

all do now because we all have google

14:09

right we all have the internet we all

14:10

have social media we will have youtube

14:13

you know you're doing it right now some

14:14

of you that are watching this online i

14:16

think we tend to

14:17

over value short-term financial

14:19

incentives and

14:20

undervalue learning opportunities which

14:22

will give us that long-term value

14:24

advantage

14:25

and all of the young people and even

14:28

some of the slightly old people that i

14:29

get a chance to mentor

14:30

this is one of the key lessons i try and

14:32

teach them is to be able to spot

14:34

short-term value from long-term value

14:36

you know and i'm going to go off peace

14:38

just a little bit here and i'm going to

14:39

tell you a bit of a personal story

14:41

um that happened to me actually quite

14:43

recently uh and this is the you know

14:45

this podcast is the home of the truth so

14:47

make sure you do keep this to yourself i

14:49

had a a young person

14:51

in their early 20s asked to come and

14:53

work with me and when i say work with me

14:55

i don't mean

14:56

you know in the same building as me i

14:57

mean with me and because of the

14:59

lockdowns and the way the world is

15:01

all of my sort of real close team are

15:02

literally working with me in my home

15:04

or in you know in a small um co-working

15:07

space and

15:09

this was a in my opinion a fairly unique

15:11

opportunity right because we're gonna be

15:12

sat together pretty much every day

15:14

and they were so persistent that

15:16

eventually i ended up offering them

15:18

a job and i offered them a job on the

15:21

same salary the same wage that they're

15:23

earning right now in their current role

15:25

and i offered them a guaranteed pay rise

15:28

in 60 days time and they effectively

15:32

turned the offer down because they

15:34

wanted a little bit more money now

15:36

and whatever i say from this point

15:38

onwards is going to sound petty

15:40

and biased and bitter i have no other

15:42

way of saying it i'm just gonna be

15:43

honest with you

15:44

honestly from what i know about their

15:46

situation

15:47

and from what i know about where they

15:49

wanted to go in their career and as

15:50

impartially as i could possibly be

15:52

that was a [ __ ] stupid decision just

15:55

just purely based on the fact

15:57

that if you sit next to me or someone

15:59

that's fortunate enough to have the

16:00

access to the

16:01

level of information that i have access

16:02

to someone that is willing to give you

16:04

that information

16:05

and information that's probably going to

16:07

help you fulfill the goals that you have

16:09

[ __ ] a 2k pay rise that information can

16:13

quite

16:13

literally make you a millionaire too and

16:15

i've seen it make people

16:16

millionaires you know much of the reason

16:18

why i'm sat here as a millionaire

16:20

is because i got to sit next to people

16:23

who had gone on the journey that i

16:24

wanted to go on

16:26

and that's what i mean we tend to

16:27

overvalue the short-term financial

16:29

incentives and undervalue the learning

16:31

opportunities which will give us

16:33

long-term value knowing how to make spot

16:36

the difference and knowing which is

16:37

which will change your life

16:38

and sometimes you have to play a long

16:40

game you have to delay that

16:41

gratification you have to hold off on

16:42

that

16:43

2k pay rise because the situation you're

16:45

in is giving you

16:46

real long-term value your long-term

16:48

future will be better

16:50

if you make long-term decisions or your

16:53

life will be slightly better in the

16:54

short term if you make short-term

16:55

decisions but then your long-term future

16:57

is compromised and that's what delaying

16:59

gratification is you have to learn to do

17:01

that in your careers too

17:02

i'm gonna close off this point by

17:04

telling you the easiest

17:05

simplest change that i've made in my

17:07

life to radically radically increase

17:09

the amount of information and the amount

17:11

of good quality information that i'm

17:12

exposed to

17:13

one small change but before i tell you

17:15

we're going to play a little game

17:16

just imagine for a second that you could

17:17

pick up an imaginary phone in front of

17:19

you and you could just

17:20

listen in to the world's smartest minds

17:23

the world's smartest minds in

17:25

in fitness in business in finance

17:27

spirituality and philosophy just imagine

17:29

imagine if you could be a fly on the

17:31

wall as they discuss

17:32

ideas as they seek to understand the

17:35

world and as they

17:36

talk about what they know and as they

17:38

play their money games and enrich

17:39

themselves imagine how transformative

17:41

that would be

17:42

imagine how much that information would

17:43

change your life it would change your

17:45

health

17:45

your happiness and probably your wealth

17:48

and imagine if all of that

17:50

that access to information was free

17:53

it is free that's twitter that's social

17:56

media

17:57

that's youtube you can literally watch

17:59

and listen to the smartest people in the

18:00

world

18:01

think discuss and ideate so that's big

18:04

the question you have to be honest

18:05

why the [ __ ] do you still follow jenny

18:07

from 10 years ago who you do not give a

18:08

f

18:09

about as she publicly complains to some

18:11

customer service rep on twitter

18:13

about her t-mobile data plan being

18:14

expensive and slow or

18:16

kylie jenner as she publicly advertises

18:18

the results of her

18:19

plastic surgery and demolishes your

18:21

self-esteem in the process all that

18:23

clown on facebook that tries to convince

18:25

you that 5g internet

18:26

the coronavirus and bill gates were all

18:28

part of some illuminati conspiracy

18:30

theory

18:30

why are you choosing that information

18:33

why are you allowing

18:34

junk to seep into your mental diet where

18:37

is that information going to take you

18:40

information is the privilege and you

18:43

have to be the gatekeeper

18:44

and the unapologetic defender of the

18:46

information that you consume

18:48

i've said this before and in fact it's

18:50

proven to be so important in my life

18:52

that i'm gonna keep saying it until

18:54

i feel like you're listening to me who

18:56

you follow online especially if you're

18:58

someone that spends hours of day

18:59

on the internet and social media like i

19:01

do is the single biggest

19:03

influence on your life for the love of

19:06

god

19:06

follow better and unfollow faster

19:10

my trick which i'm going to give to you

19:11

is i basically mute

19:13

everyone 90 of the people on my

19:15

instagram are muted probably near 95

19:17

percent

19:17

i just don't see their stuff i don't see

19:18

their stories i don't see their posts

19:20

because usually it's actually not that

19:21

helpful to me

19:22

50 of the people on my twitter are muted

19:25

and i'm muting people because

19:27

just like you there are real world

19:28

consequences of you know unfollowing

19:30

friends and people and family and things

19:32

like that so i just mute them

19:34

it's a nice middle ground where they

19:35

don't know and they don't need to know

19:37

right

19:38

and if i start talking [ __ ] online i

19:40

give you permission to unfollow me to

19:42

please subscribe to this podcast but i

19:45

give you permission to unfollow me too

19:47

and this has changed my life honestly

19:49

it's the simplest thing the simplest

19:51

decision

19:52

that has had the single biggest impact

19:53

on my life i'm

19:55

definitely smarter happier and more

19:58

professionally capable because of it

20:00

so if there is a small thing that you

20:02

can do now to really change the most

20:04

important influence on your life it's to

20:06

go through your social media timelines

20:08

and

20:08

every time you see someone who isn't

20:10

contributing

20:11

towards the values or the information

20:13

that you want to consume

20:15

boom mew but and here comes a very

20:18

important caveat you have to be careful

20:21

not to unfollow or mute people just

20:22

because they disagree with your opinion

20:24

a few years ago if i saw someone in my

20:27

timeline that overtly supported like a

20:28

different political party

20:30

or had a completely opposing opinion to

20:32

mine all just like strongly disagreed

20:34

with issues that i really care about

20:36

i would just unfollow them boom bye

20:37

felicia and i think i did that because i

20:40

didn't want to feel the frustration that

20:41

i felt when i logged in

20:42

and saw their posts and tweets and also

20:45

i didn't want to keep biting and arguing

20:47

and debating with them online

20:49

but when you think about that decision

20:51

logically it's a pretty terrible

20:53

decision

20:54

all i'm doing by doing that is narrowing

20:56

my world view

20:57

and i'm building reinforcing this echo

20:59

chamber around me

21:00

which is full of people who believe

21:03

everything i already believe

21:05

and the fundamental truth that we all

21:06

have to have the intellectual strength

21:09

to believe

21:10

is that often there really is no right

21:12

or wrong

21:13

everything is really just a bunch of

21:15

perspectives that's what the world is

21:17

full of

21:17

very very few things are a case of right

21:20

or wrong we'll probably all agree that

21:22

the sky is blue

21:23

but as it relates to the way the world

21:24

should be run our political opinions how

21:26

people should be treated

21:27

there's typically quite a lot of

21:28

variants and

21:30

those perspectives that perfectly agree

21:32

with yours are actually

21:34

the least valuable they're not going to

21:37

challenge you or broaden your

21:38

perspective or teach you anything

21:40

only the perspectives that differ from

21:42

yours can do that

21:43

whether they differ because they're you

21:44

know a little bit more developed on your

21:46

opinions or

21:46

because they disagree but it's not easy

21:49

and i'd be lying to you if i pretend

21:51

that it was i've

21:52

genuinely and i this is a weekly battle

21:54

i've genuinely struggled to keep people

21:56

on my social media timelines within my

21:58

social media bubble

21:59

that say things i really disagree with

22:01

and that support ideas that i despise

22:04

but i also think if i'm being completely

22:07

honest with myself

22:08

i'm better off because of it listen i'm

22:10

not i'm not going to let ryan on

22:12

facebook tell me that 5g internet caused

22:14

coronavirus

22:15

but i am going to fill my social bubble

22:17

and my circle online

22:19

with people who honestly disagree people

22:21

who can respectfully

22:22

explain why they disagree and people who

22:26

view the world differently to me

22:28

you know i i hope this is the last time

22:30

that i make this point

22:31

on this podcast but it just keeps coming

22:33

to the front of my mind so if you've not

22:35

cleansed your social media following

22:37

please do it now i really really hope

22:39

this is the last time i feel like

22:41

if i can convince you to do this now

22:43

today this week

22:45

it will be for some of you the greatest

22:47

thing i was

22:48

ever able to do for you the greatest

22:50

gift i can give you for listening to

22:51

this podcast

22:53

also you know turn all the unifications

22:55

off all of them

22:56

but we'll save that topic for another

22:59

time

23:00

okay so the third point in my diary is

23:02

about changing the shape of your brain

23:05

you can change the shape of your brain

23:07

what a load of nonsense over the

23:09

over the last couple of years i've heard

23:11

a lot of people people that i respect a

23:12

lot

23:13

including tom bill you who came on this

23:14

podcast tell me

23:16

that you can quite literally change the

23:18

shape of your brain

23:19

and at first i'll be honest i thought

23:21

this was potentially some

23:23

you know some of that self-development

23:24

fluff and nonsense that we read a lot

23:26

about you know the

23:27

hocus pocus nonsense [ __ ] um and i

23:30

thought to myself how could you possibly

23:32

change the shape and composition of your

23:34

brain

23:35

without having some type of evasive

23:37

surgery but i hold my hands up it turns

23:39

out i was wrong and i wasn't just a

23:40

little bit wrong i was really really

23:42

really really wrong

23:43

over the last few months as i've gone on

23:45

the journey of writing my book which is

23:46

coming out called happy sexy millionaire

23:48

the unexpected truth about fulfillment

23:50

love and success which you can get right

23:51

now on amazon

23:52

i started to develop a bit of an

23:56

obsession

23:57

with neuroscience and i'm not gonna i'm

23:59

not gonna go do too deep into the

24:00

science because you don't necessarily

24:01

need to know that stuff

24:02

but i'm to tell you about some of the

24:04

things that i learned on that journey

24:05

and particularly one thing that changed

24:08

my life

24:08

and here it is our brains are malleable

24:12

just like play-doh and our experiences

24:15

determine their shape

24:16

this process is almost best compared to

24:18

physical exercise where

24:20

you know 30 reps today isn't going to

24:22

make you super muscular and big right

24:24

but 30 reps every day for a year will

24:26

and the same is true for your brain the

24:28

science says that whatever you focus

24:30

your mind upon be

24:31

anger or self-doubt or fear your brain

24:33

will eventually

24:34

literally change in shape and i sound

24:36

like i'm talking nonsense i can hear

24:38

myself saying this it sounds like

24:39

some hocus-pocus magic but i promise you

24:41

this is the truth

24:42

and listen i'm if you know me you know

24:44

i'm just as immune to self-development

24:46

nonsense and fluff as you are so i only

24:48

share things with you that i think are

24:49

fundamentally true and that's supported

24:51

by some kind of evidence let me give you

24:53

an example if you're a compulsive

24:55

warrior the science shows that your

24:57

brain will quite literally change

24:59

to become a finely tuned anxiety and

25:01

worry machine you'll get your brain will

25:03

become

25:04

tuned for worry and i've looked through

25:06

the research i've looked at before and

25:08

after pictures of brain scans of people

25:09

who've overcome

25:10

worry and addiction and negative

25:12

thinking about themselves and other more

25:14

serious psychological conditions and

25:15

honestly blew my socks off

25:17

i've always believed that we are you

25:19

know we are what we think

25:20

but the science shows us that we quite

25:21

literally from a neurological

25:23

perspective

25:23

become what we think you know i read

25:26

this great piece

25:27

online by this neurological expert

25:29

called brian penny and he has this lab

25:31

where they've worked on being able to

25:32

predict the age of your brain just by

25:34

looking at it on brain scans

25:36

and your brain age is associated with

25:39

increased mortality risk cognitive

25:41

decline

25:41

increased risk of dementia and overall

25:44

general

25:45

poorer physical functioning they can

25:47

literally see

25:48

how a life change that you make a

25:50

decision you make in your life will

25:51

change the shape of your brain over a

25:54

number of years

25:55

they can see how a person that gives up

25:57

x y or zed

25:58

then has a completely different brain

26:00

just a few years later

26:02

just like how if you stopped going to

26:04

the gym or you started going to the gym

26:05

you'd have a completely different body a

26:07

few years later

26:08

and they've identified a number of

26:10

methods just

26:11

simple everyday choices and cognitive

26:13

tools that science suggests

26:15

can positively change the shape of your

26:17

brain i'm just going to tell you about

26:18

one of them today and it's the one that

26:20

fascinated me the most

26:22

it's called observation without

26:24

engagement

26:25

this is basically what they call

26:26

self-observation which is a

26:28

pretty big part of meditation if you've

26:30

ever meditated you'll understand this

26:32

and it really helps you do exactly that

26:34

it involves like mindfully observing

26:36

your thoughts and your feelings and your

26:37

bodily sensations

26:40

the best example i can give you is you

26:42

know if i asked you to observe

26:44

right now how how tense your body feels

26:47

instantly you might you know take a step

26:49

back and start focusing on your sore toe

26:51

or the tightness in your chest or that

26:53

headache

26:53

which you didn't notice before but you

26:55

can only notice when you start to

26:56

observe yourself

26:57

if i ask you to observe your thoughts

26:59

and your feelings you can also do that

27:01

too you might start to think about

27:02

the things you're worrying about or that

27:04

particular unsolved situation in your

27:06

life or about your family's health

27:08

because of this virus

27:09

the things that are going on

27:10

subconsciously which you didn't really

27:11

notice

27:12

about that big decision on your future

27:14

which you're procrastinating making

27:16

the point is you can take an observer's

27:19

perspective

27:20

on your anxious thoughts on your

27:21

feelings and on your bodily sensations

27:23

you don't have to try and live inside of

27:25

the problem all the time you don't have

27:26

to live inside of your feelings or your

27:28

emotions

27:29

and when you do this don't try and

27:31

engage you're not supposed to try and

27:33

fix it just

27:34

observe let me give you another metaphor

27:35

which i think explains this best it's

27:37

called the clouds metaphor

27:38

imagine your thoughts and feelings or

27:40

bodily sensations

27:41

as just clouds that are floating through

27:43

the sky and sometimes those clouds are

27:45

dark sometimes they're

27:46

angry sometimes it's you know raining

27:48

and sometimes they're light and

27:49

sometimes they're calm and thin

27:51

but you're not the clouds you're the

27:53

blue sky who just observes the clouds as

27:55

they're passing without engaging in them

27:57

you simply

27:58

observe and you let them pass you by and

28:01

as the 20-something ceo of a big

28:03

company who knows that every time i look

28:05

at my emails and my whatsapp in the

28:07

morning there's gonna be

28:08

a ton of unpredictable yet unfortunately

28:11

inevitable [ __ ] not just small

28:13

[ __ ] severe [ __ ] i'm talking

28:14

ruin your day [ __ ]

28:16

[ __ ] that can rear its head from any

28:18

corner or person

28:19

in a global business of 700 people as as

28:22

that guy

28:23

this mechanism has quite literally saved

28:25

me i really really believe that and from

28:27

my conversations with dom

28:29

who's my business partner who's been

28:30

with me this whole time you know which i

28:32

had on this podcast in chapter 10 where

28:34

he described that running the business

28:36

made him an alcoholic made him anxious

28:38

and made him

28:39

experience some pretty severe mental

28:41

health problems i genuinely believe

28:44

that this this technique was the

28:46

fundamental difference between me and

28:48

him

28:48

self-observation which is something that

28:50

for some reason i've always defaulted to

28:53

we both had the same intense stressful

28:54

experience over the last 10 years

28:56

but in his words i survived it and he

28:59

nearly didn't

29:00

he said right and this is a horrible

29:03

thing for me to talk about he said

29:05

he considered jumping in front of a

29:06

train and killing himself

29:08

because things at one point were so

29:10

almost unbearable

29:12

and the difference is here it's in your

29:14

mind and the mechanisms you rely on to

29:16

deal with your portion of unpredictable

29:18

life [ __ ] which is coming your way

29:20

whether you like it or not

29:21

i've said in this podcast before that i

29:22

viewed the hardest moments in my life as

29:24

as

29:26

really a video game i naturally and

29:28

again

29:29

i don't want to take too much credit for

29:30

this because it's not something that i

29:31

did consciously i naturally adopted this

29:33

strange

29:33

video game mindset where i would almost

29:36

see

29:36

the situation i was in like a game of

29:38

chess like i was removed

29:40

from it when things got really really

29:41

hard i told myself without thinking

29:43

about it

29:44

that this was all just a game yeah like

29:46

a like a game of chess

29:48

and i'm not the pieces on the chessboard

29:51

because they can be killed i'm the

29:52

person responsible for moving the pieces

29:54

and whatever happens i'll be fine just

29:57

like

29:58

you know like a game of call of duty i'm

30:00

not the character in the screen running

30:01

with the gun

30:02

the one at danger of standing on a land

30:04

mine i'm the person holding the

30:05

controller sat at home

30:07

and even if i stand on a land mine or

30:09

two that's fine i can just

30:11

restart and rejuvenate and you know go

30:13

again

30:14

and for me this perspective which is

30:16

very similar to what i've described with

30:18

this self-observation

30:19

was the most liberating thing in my

30:21

whole career it allowed me to develop my

30:23

own calm within any form of chaos and it

30:25

allowed me

30:26

to think clearly without being clouded

30:28

by emotion and if you're

30:29

a ceo if you're running a business

30:30

that's so incredibly important

30:32

and i genuinely also think that my

30:34

business partner don was inside the game

30:37

he was the pawn on the chessboard he was

30:39

the soldier running through the

30:40

battlefield in the call of duty he was

30:41

taking

30:42

the enemy fire so he internalized that

30:45

pain he internalized the stress and he

30:47

became the conflict

30:48

and honestly nobody can survive that

30:50

nobody not even me

30:52

but fortunately for whatever reason i

30:54

was removing myself

30:56

and that helped self-observation isn't

30:58

just handy for

31:00

increasing your like self-awareness it

31:01

genuinely provides you with a sense of

31:02

detachment in the most

31:04

challenging situations you'll find

31:05

yourself in instead of being controlled

31:07

by the situation and the thoughts that

31:09

come with the situation

31:10

and all of those feelings it gave you

31:12

gives you this ability to

31:14

hold out in front of you to observe it

31:16

and to let it come

31:18

and to let it go without impacting you

31:20

too much

31:21

and the brain research they've done on

31:22

this topic completely supports this

31:24

they've studied the part of your brain

31:26

that becomes active

31:28

when you're drifting from thought to

31:29

thought and overthinking and worrying

31:31

and they've seen clearly how this can

31:33

have a detrimental impact on your

31:35

personal well-being

31:36

and over a number of years the shape of

31:39

your brain

31:40

they've then also observed how that

31:41

attachment which you can achieve from

31:43

self-observation and that video game

31:45

mindset where

31:46

you become the sky not the clouds can

31:48

quiet that part of your brain

31:50

and there's one particular study that

31:52

shows that people who meditate have

31:54

reduced activity

31:55

in that part of their brain versus

31:57

people that don't meditate

31:58

and listen when we talk about meditation

32:00

i was a bit of a skeptic on the whole

32:01

topic

32:02

meditation doesn't have to be sitting

32:04

with your legs crossed

32:05

humming to yourself right it can

32:06

literally just be taking a few minutes

32:08

out to relax

32:09

and pause and for me meditation is

32:12

usually in the form of a massage it's

32:13

the time where

32:14

i can stop i can pause and i can detach

32:17

and that for me is crucial crucial

32:20

crucial for

32:20

everybody no matter what walk of life

32:22

you're in you have to find your paws

32:25

and listen this isn't going to stop you

32:26

getting anxious or worried or stressed

32:28

but

32:29

learning the habit of self-observation

32:31

and that video game mindset and becoming

32:33

the sky as i'll call it

32:34

will allow your problems to come go and

32:37

limit the impact they have on you

32:38

without having to always engage in them

32:41

and therefore

32:42

making them worse than they have to be

32:43

without making a mountain

32:45

out of what could have just been a

32:47

molehill

32:48

for the next point in my diary i've just

32:50

written less answers and more

32:52

questions you know so much of the the

32:54

self-development career progression

32:56

advice that i got when i was younger

32:57

told me to speak up more

33:00

you know make sure i'm heard and to get

33:01

my point across whenever i can and i'm

33:03

telling you

33:04

the older i've got and the further i've

33:06

traveled in the business world the more

33:07

i've learned that that's really

33:09

shitty advice in the real world it's

33:11

impressive

33:12

to know an answer of course but it's

33:13

also impressive to admit that you don't

33:16

it's impressive to say and to have the

33:18

sense of yourself to say

33:20

i don't know to say you're probably

33:22

right to say

33:24

that's not my area of expertise to say i

33:26

don't know but i'm going to find out or

33:28

just to remain silent the least

33:30

impressive thing you can do is

33:31

speak for the sake of speaking we all

33:33

know people like this and they typically

33:35

do that because they are insecure

33:37

and because they think if they have

33:38

nothing to say then they're not very

33:39

valuable

33:40

we all have this contribution reputation

33:42

let me call it a contribution score

33:45

you won't know what your contribution

33:46

score is but you'll probably know the

33:47

score of the people around you the

33:49

people in your friendship groups and in

33:50

your family

33:51

you'll know that person within your

33:53

friendship group or a colleague at work

33:55

that just seems to speak for the sake of

33:57

speaking and most of the time

33:59

when they add something to the

34:00

conversation people kind of like roll

34:01

their eyes and

34:02

you know and they think to themselves

34:04

that was a really dumb thing to say

34:06

and it gets to the point that before

34:08

they speak everyone in the room presumes

34:10

it's going to be something dumb again or

34:12

weird or

34:12

unhelpful or irrelevant i think you'll

34:15

know that person

34:16

and that is because their contribution

34:19

score is low

34:20

that is what a contribution score is it

34:22

really really matters because if you

34:24

constantly speak

34:25

for the sake of speaking or you you know

34:27

you speak when you're not informed on a

34:29

topic

34:29

people will gradually stop listening to

34:31

you they will receive your id

34:33

ideas with a pre-conceived bias

34:37

that you're probably going to say

34:38

something that doesn't matter and so

34:40

your ideas suffer

34:41

even if they're good because of that

34:43

preconceived bias and that preconceived

34:45

opinion of what you have to say

34:46

so even when you do have something

34:48

valuable to add

34:49

everybody will disregard it they'll

34:52

pre-devalue it

34:53

before it's even come out of your mouth

34:54

and that's because just like a credit

34:55

score we all have a contribution score

34:57

and in that case it's because you've

34:59

ruined yours by always feeling the need

35:01

to chime in

35:02

even when you don't know what you're

35:04

talking about even when you shouldn't

35:06

if you don't know the answer to

35:07

something at least know the value of

35:10

admitting that you don't

35:11

or staying quiet as someone that's you

35:14

know had the pleasure and sometimes

35:16

displeasure of working in boardrooms and

35:18

in creative brainstorms

35:19

and in intense investor meetings with

35:21

big personalities and sometimes

35:23

competitive personalities for the last

35:24

decade i've seen how someone

35:26

you know can ruin their contribution

35:28

score by constantly feeling the need to

35:30

say something or add something when they

35:31

don't know the answer

35:33

and when this isn't their field of

35:34

expertise and i've also seen the

35:35

opposite i've seen people who will sit

35:37

and listen humbly and just observe and

35:39

often

35:40

learn and the people that walk out of

35:42

the room with their respect and

35:43

contribution score intact to always

35:45

those that are secure enough to admit

35:47

that they

35:48

don't know and to in many cases stay

35:50

quiet and the ones that lose respect

35:52

are those that try and pretend they know

35:54

something that isn't in their field of

35:56

expertise

35:56

or that they know something about

35:57

usually because they're insecure and

35:59

this is why as a general rule for life

36:01

it's always better to have more

36:02

questions than you have answers and to

36:04

be able to admit

36:05

when you don't have the answers your

36:07

contribution score really really matters

36:08

and i think you come to learn that the

36:09

further you go

36:10

in your career it's the thing that for

36:12

me made investors believe me

36:14

you know this this notion i think they

36:16

have in their head which is when stephen

36:17

speaks

36:18

it's probably something informed and

36:20

something worth listening to

36:22

it's the things that you know makes

36:23

employees trust you as a ceo

36:25

it's a thing that as a colleague earns

36:28

respect

36:29

and ultimately if you have the humility

36:31

to learn to listen

36:32

in areas that are outside your expertise

36:35

it'll be the thing that expands your

36:36

knowledge

36:37

and again that that will change your

36:39

life

36:40

and this brings me to the next point in

36:42

my diary and i've written in my diary

36:44

what are some of the most important

36:45

questions

36:46

i ask myself regularly and i when i say

36:48

this i mean in all areas of my life

36:51

if it's more important to know the right

36:53

question to ask them to have the answer

36:55

what are the questions that you should

36:57

ask yourself every single day

36:59

and um the first one in my diary

37:02

is which part of this situation can i

37:04

control you know as a ceo but just as a

37:06

human being that's living life like we

37:08

all are

37:09

there are so many times where i

37:11

encounter a situation of conflict or

37:12

stress or chaos

37:14

um and i'm desperate to fix it and i

37:16

start committing

37:17

energy to trying to solve the problem

37:20

usually

37:21

and this is something that i've come to

37:22

learn there's really only like three or

37:24

four things that i can control in this

37:26

situation

37:27

and if i know what those things are i

37:29

can

37:30

invest my energy in those levers in

37:32

pulling those levers

37:34

and that gives me the best chance of

37:36

getting out of the situation

37:38

it also is a great tool for liberating

37:40

yourself from all of the stress

37:42

of worrying about things that are

37:44

completely outside of your control and

37:46

that you can do nothing about

37:47

and i've done this over the last two

37:48

years in particular where i will hone in

37:51

and i will sometimes even write in my

37:52

diary the two or three things in the

37:54

situation i'm in now that i that i can

37:55

control

37:56

gives me that clarity it liberates me

37:58

from stress and it focuses me

38:00

on the things that will actually help me

38:02

get out of the situation

38:04

i'm in and the second question which i

38:06

ask myself religiously at least once a

38:07

day

38:08

and is actually held as a permanent

38:10

point on my to-do list

38:11

is what am i avoiding right now this is

38:14

something that i

38:15

i dare you to try and ask yourself every

38:17

day because for me

38:19

understanding what i'm avoiding helps me

38:21

overcome it and as near ielts said on

38:24

this podcast we are creatures that

38:26

seek to avoid discomfort so there's

38:28

nearly always a reason

38:30

why i'm procrastinating or avoiding

38:32

something and if i can become

38:33

conscious about that thing and the

38:35

psychological discomfort that's

38:37

making me avoid it it helps me to

38:40

overcome it and usually the things we

38:41

avoid are actually really really

38:43

important

38:44

and that's part of the reason they're

38:45

causing us discomfort so that's a

38:47

question that i recommend

38:48

everybody asks themselves every day make

38:50

a list of the things you want to ask

38:51

yourself the first is what part of this

38:52

situation can i control

38:54

and the second is what am i avoiding the

38:56

third is what would my idols think about

38:59

this decision and this is a question

39:00

which i religiously ask myself when i'm

39:02

facing

39:03

a big life choice because i think we all

39:06

understand the values and the principles

39:08

that our idols lived by we study you

39:11

know we study their lives we

39:12

read their books their podcasts whatever

39:14

we understand the way that they think

39:16

but when we're in a situation when we're

39:18

facing a big decision

39:20

sometimes we kind of relapse back to

39:23

our own innate fear-driven

39:25

decision-making mechanisms

39:27

and we lose sight of how our idols the

39:29

people we want to be like

39:31

would make that decision so every time i

39:33

make a big

39:34

life decision i almost like interrogate

39:36

it against what i know that my idols

39:39

would do because my idols are my idols

39:42

because they have

39:42

values that i admire and so if i can

39:46

kind of

39:46

sense check my own decision-making

39:48

against what i think they would do which

39:50

is sometimes

39:51

easier than knowing the right thing to

39:52

do i tend to make a better decision

39:55

and the next question i religiously ask

39:57

myself is what would future steve think

39:58

of this decision

39:59

and this question is super handy to ask

40:01

yourself whenever you can

40:03

because future you is going to pay the

40:05

price for the decisions you make today

40:07

so future you is quite a selfish person

40:09

they want to be they want to have a

40:10

six-pack they want to be super smart

40:12

they want to be rich

40:13

and that is almost all of our north star

40:15

our future self

40:16

and so if you ask yourself genuinely ask

40:19

yourself the question

40:20

what would future steve the happiest

40:22

version the best version of me

40:24

think about this decision i'm about to

40:25

make to eat this entire

40:28

double pizza to myself

40:31

usually that allows you to see if this

40:33

decision you're about to make is in line

40:35

with your values

40:36

and the next question that i like to ask

40:38

myself regularly

40:39

is if i'm saying yes to this thing then

40:42

what am i saying no to

40:43

i think it was steve jobs who once said

40:45

that it's only by saying no to things

40:47

that you can concentrate on what's

40:49

important in your life

40:50

and i love this line because it really

40:52

helped me to realize the potency of that

40:54

question

40:54

be it in our relationships or our career

40:56

or in our health or in our mental health

40:58

um i think it's important and i think we

41:01

need to reflect on what we hold most

41:03

dear

41:04

now in this moment in order to live a

41:06

life and to attain a future

41:08

that is in line with our values and we

41:09

need to become aware of how a yes

41:11

decision is going to prevent us from

41:12

doing other things

41:14

that we also consider to be relatively

41:16

important it's a question that

41:17

appreciates

41:18

that you can't do everything and be

41:20

everything and that life is about

41:22

prioritization

41:24

prioritizing the things that are most

41:25

important and so before i say yes to

41:27

something

41:28

i like to consider all of the things

41:30

that i'm saying no to as a consequence

41:32

of that yes it helps me to make better

41:35

decisions today

41:36

and it's a sign a signal and a nod

41:39

to how much i respect the limited amount

41:42

of time i have

41:43

and the last question which i've written

41:46

in my diary

41:47

that i ask myself religiously is a much

41:49

more direct question which is

41:51

does this thing align with my values you

41:53

know people often make decisions that

41:55

don't

41:55

align with their values i know that i do

41:57

it every day and there are

41:59

tons of reasons people do this you know

42:00

they uh they binge on alcohol

42:03

they they smoke 20 cigarettes a day they

42:05

have

42:06

big mac you can't have a big mac pizza

42:08

they have big mac burgers and domino's

42:09

pizzas

42:10

religiously even though they know that

42:12

their future values of health and being

42:14

around to see their kids grow up

42:16

and those kinds of things are in

42:17

conflict with those short-term

42:19

detrimental actions

42:21

and often we do this because we don't

42:24

stop to ask ourselves this simple

42:26

question and we don't really stop to

42:27

think about this simple question

42:28

which is how does this short-term

42:30

decision

42:31

align with my long-term values next time

42:34

you're doing something

42:35

and it doesn't feel quite right and it

42:37

feels a little bit naughty ask yourself

42:39

how it's serving

42:40

what you value most in life and that

42:43

having you know

42:44

the obsession i have now with

42:45

continually cross-checking

42:48

the decisions i'm about to make versus

42:50

the person i want to be or the life i

42:51

want to attain

42:54

has been transformative for me honestly

42:56

it's really really changed my life

42:58

and i'm going to throw in a bonus

42:59

question i did say that was the last one

43:00

but i'm going to give you a bonus

43:02

question which i've just

43:03

i've just been thinking about it's a

43:04

little bit cliche but i promise you it's

43:06

helped me

43:07

overcome you know some of the most

43:09

fearful moments of my life

43:11

the question is what's the worst that

43:13

will happen if i attempt this and i

43:14

remember being

43:15

really really young 16 years old when

43:18

someone first asked me to speak on stage

43:20

and then 17 and then 18 and then the

43:21

stage is getting bigger and the audience

43:23

is getting bigger i remember one day

43:25

speaking in barcelona in front of about

43:26

10

43:27

000 people and being stood backstage and

43:29

starting to feel a little bit of that

43:31

anxiety which we all feel

43:32

and i i for some reason just like the

43:35

video game mindset which i've talked

43:36

about in this podcast

43:38

i default to asking myself what is the

43:40

worst thing that can happen

43:42

and i don't just ask myself that

43:43

question in the cliche way that friend

43:45

might turn to you and say

43:46

i genuinely run through the process of

43:48

what you know

43:49

what is the worst thing that can happen

43:51

i could walk up on stage and as i'm

43:52

walking on stage

43:54

i trip on the first step i fall i smash

43:56

my face

43:57

my trousers come down people see my

43:59

underwear and my you know my willy

44:02

and i walk up on stage and then i

44:03

deliver the worst speech in my life

44:05

and people start walking out and

44:07

throwing stuff at me and i walk off

44:09

stage and

44:10

and to be honest it's nearly always the

44:12

case that the worst thing that can

44:14

happen

44:14

isn't actually as bad as you think we

44:16

tend to you know before we

44:18

confront it and rationalize it that way

44:20

and look at it in that way

44:21

we tend to i guess think it's death i

44:23

think i think we think we're gonna die

44:24

and everyone's gonna hate us and

44:26

and then you ask yourself this sub

44:27

question which is if the worst thing

44:29

that i think could happen happens what

44:32

is the long-term impact of that on my

44:34

life

44:35

and even if i fell on the step hit my

44:37

you know hit my eye

44:38

walked on stage with a bleeding eye and

44:39

then did the worst speech of my life

44:41

it doesn't actually have any long-term

44:43

impact on my life okay i wouldn't get

44:45

booked to speak there again but the

44:47

the material long-term impact of my life

44:50

is pretty much

44:51

nil and so it doesn't make sense to be

44:54

fearful because the

44:55

worst possible outcome has no long

44:57

long-term impact on your life

44:59

and for me that's the question that i

45:00

really hold dear and it's a question

45:02

that i still turn to

45:03

in moments of intense pressure and fear

45:06

um fear of failure and i think it's a

45:09

question that can change your life

45:10

if you're a very fearful person those

45:12

are my questions

45:13

and i i am i think it's important to

45:15

have questions and be armed with

45:17

questions because as i

45:18

say in life it turns out that having the

45:20

questions is much more important than

45:21

having all the answers

45:23

okay so the last point in my diary this

45:25

week is it's just a sentence and i'm

45:26

going to read that sentence to you

45:28

the thing that invalidates you when

45:30

you're younger will be the things you

45:32

seek validation from when you're an

45:33

adult and this is um

45:35

this is something that it really took me

45:36

about 30 years the 28 years i've been

45:38

alive to learn

45:39

um when i was younger as a lot of you

45:41

will know if you've listened to this

45:42

podcast before

45:43

i came from a background in a family

45:45

that didn't have a whole lot of

45:47

money right we were pretty much bankrupt

45:49

for my whole

45:50

um my whole childhood at least the last

45:52

part of my my

45:53

my time living at home we lived in a

45:55

house that was beat up

45:57

um the window on the front of our house

45:59

was smashed for a good decade so

46:01

you know you'd get the draught coming in

46:02

from outside we live my back garden

46:04

the grass in the background is about six

46:06

foot high and there are fridges and

46:09

tv sets and all kinds of nonsense in

46:11

there in fact the back half of my house

46:13

was actually knocked down because i

46:15

think at one point my mom thought we had

46:16

the money to do a renovation

46:18

but we didn't have the money so they

46:19

just the builders just knocked the house

46:21

down and just left it as a derelict

46:23

house so one of the the doors you know

46:25

which used to go into one of the rooms

46:27

was actually would just actually take

46:28

you outside

46:29

and we just removed the handle so that

46:31

no one could really break into our house

46:32

the front of our house was the same we

46:34

had you know the grass was

46:36

you know a good meter and a half high at

46:38

times and it was

46:39

fairly embarrassing um growing up as a

46:42

black kid in an all-white school who

46:44

already felt a little bit different

46:46

with my curly hair knowing that our

46:49

house also looked so

46:50

marked you know remarkably different and

46:52

that my life was remarkably different

46:54

from a financial perspective we didn't

46:55

have

46:56

um christmases and birthdays by the time

46:58

i was about 10 10 11 years old because

47:00

of the financial situation we're in

47:02

and i know that it created a real deep

47:04

insecurity within me i remember

47:06

christmas days

47:07

sat in my brother kevin's room on the

47:09

floor as we joked about the things we

47:11

were going to pretend we got for

47:12

christmas

47:12

you know like and i have to make i have

47:14

to to bring

47:15

context to this right like i know now as

47:19

an adult

47:19

that this was a terribly naive selfish

47:23

immature way to think

47:24

i know now that i should have been

47:26

looking at all the things i did have

47:27

which was a loving family

47:28

two parents that were together and loved

47:30

me a roof over my head

47:32

food on the table i know now that those

47:34

were the important things but back then

47:35

when you're a young little kid who

47:37

doesn't really understand the world you

47:38

feel sorry for yourself

47:39

you engage in self-pity and i did and i

47:42

would go to school embarrassed and i

47:44

would go to school and lie

47:46

about our financial situation and it

47:48

made me insecure it invalidated me

47:50

you know it was one of the the biggest

47:52

worries or you know

47:54

insecurities i had as a kid and so at 14

47:57

years old i started to

47:59

really really value money money for me

48:01

just felt so important

48:03

the lack of money we had in our life was

48:05

the reason that i had so much shame it

48:06

was the reason that

48:07

my mum and dad would scream at each

48:09

other so much about

48:10

our house and about our finances and

48:12

about christmas

48:14

and about all of these other things and

48:15

money was the problem so i grew up

48:17

thinking

48:18

and pretty obsessed with attaining money

48:20

or if i went to university at 18 years

48:22

old dropped out started a business to

48:23

try and make loads of money

48:24

and then when i finally got money set 21

48:27

22 years old

48:29

i had a really unhealthy relationship

48:32

with it

48:32

and i went to nightclubs and i spent i

48:34

think one year like 50 60

48:36

000 pounds on champagne in a nightclub

48:39

at 22 23 years old

48:41

just to try and impress people and then

48:43

i went out to the countryside and bought

48:45

this seven bedroom mansion with a

48:47

tennis court at the bottom of the garden

48:48

and two living rooms and an outhouse and

48:50

big gates and a 100 meter driveway

48:54

just to try and impress people and this

48:57

is

48:57

this is a force in our lives which will

48:59

ruin our lives

49:01

if we don't understand it and the thing

49:03

that i came to learn after literally

49:04

like 25 years

49:06

and after being a puppet you know the

49:08

puppet master being this thing that

49:10

happened to me as a kid

49:11

after being a puppet that didn't know

49:12

why he was doing what he was doing but

49:14

was just buying these tables and

49:15

nightclubs and

49:16

buying material things and trying to

49:17

show off to people

49:19

i came to learn that the thing that

49:21

invalidated me when i was younger

49:23

had become the thing that i sought

49:25

validation from

49:26

as an adult and that will be true for

49:28

you no matter what it is

49:30

no matter if it's romantic affection no

49:32

matter if it's validation

49:34

no matter if it's money no matter what

49:35

it is the thing that invalidated you

49:37

when you were younger

49:38

will be this the thing that you seek

49:41

validation from as an adult and until

49:43

you understand

49:44

what that thing is it risks being the

49:46

number one thing

49:47

that can ruin your life i've like gone

49:50

through

49:51

every like corner of my childhood to try

49:54

and understand the things that made me

49:56

feel invalid

49:57

in order to understand some of the

49:58

forces that are in play

50:00

in my life right now as an adult and

50:02

honestly it has

50:03

liberated me i wrote in my diary one day

50:06

the reasons i'll go broke

50:08

and it was pretty much this it was

50:09

because i was broke

50:12

when i was a kid and because that

50:14

developed a really

50:15

you know psychological issue with money

50:18

where money for me became

50:20

a plaster it became the thing that would

50:22

make me feel the opposite to whatever

50:24

shame is

50:26

and i just think it's so important for

50:27

everyone to to think about the things

50:30

that happened when they were young

50:32

and to understand the forces that

50:33

invalidated them because if you don't

50:35

understand them and if you can't make

50:36

them conscious and

50:37

hold them out in front of you and

50:38

examine them they will control your life

50:41

subconsciously somewhere

50:43

and honestly i've got to be honest do i

50:45

think i'll ever really

50:46

overcome this unhealthy relationship i

50:50

had with money

50:51

i don't think i'll ever truly overcome

50:53

it completely

50:54

because it is so deeply hard-wired into

50:57

me

50:58

at a time in my life when i was so

51:00

impressionable and when every emotion

51:02

just seemed to cut more and carve into

51:04

me

51:06

but that's not really my aim my aim

51:08

isn't to overcome it my aim is to become

51:10

conscious of it

51:11

and if i can become conscious of it it

51:13

has less impact over me and fortunately

51:15

where i'm at in my life now i don't make

51:17

those stupid dumb decisions all of the

51:19

time

51:19

sometimes i make dumb decisions like i'm

51:21

not gonna pretend i'm some [ __ ] like

51:23

profit that you know lives their life

51:26

perfectly and always makes decisions

51:27

that are in line with their values

51:29

sometimes i do things to impress people

51:31

but it's like 99

51:33

less than i used to and that's because

51:35

i'm holding out

51:36

my sort of psychological relationship

51:38

with money in front of me

51:40

and i'm able to look at it and i'm able

51:42

to question myself and interrogate my

51:43

decisions against this known

51:45

flaw that i have in my psychology steve

51:47

why are you trying to buy a rolls royce

51:49

you don't really like rolls royces you

51:50

don't know anything about them because

51:52

you think oh yeah

51:54

because you think it's going to impress

51:55

somebody

51:57

because you think somewhere deep inside

51:59

of you that

52:00

child that had nothing will feel more

52:03

fulfilled if he has that range rover or

52:05

that rolls royce or that mansion

52:09

and whenever i go to make these big

52:10

decisions now

52:12

it's the first thing i think of so i

52:15

don't think i've overcome it

52:18

but i've definitely been able to

52:19

understand it and if you can understand

52:21

it if you can understand the thing that

52:23

invalidated you and your kid

52:26

that's as good as overcoming it and that

52:29

will help you stop seeking validation

52:31

from it as an adult

52:36

and that that will change your life

52:53

[Music]

52:58

oh

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Interactive Summary

In this video, Stephen Butler, host of 'The Diary of a CEO', reflects on lessons he learned during the COVID-19 pandemic. After testing positive for the virus and experiencing the challenges of lockdowns, he discusses the importance of contrast in determining our perspective, the value of information and self-education, the power of self-observation in managing mental well-being, the importance of asking better questions rather than seeking answers, and how early childhood experiences shape our adult need for validation.

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