I am back with part 2 of Garyvee Interview with “The Rich Roll Podcast” by L.H. Lawrence review. I told myself that I will be completely honest in my blog. It has been tough to write this 3rd blog post. I started working on it on 04/21/17. In my mind I wanted to sit down to work on it and to really focus. Here I go again picking back up on my blog. I am working on it while watching T.V.
In the interview Gary acknowledges that if he lives life based on what others expect he would be depressed. The guest mentions that people enter into social contracts with jobs and families. Everyone has their own social contract and do what they feel is right for them to honor it. But social contracts are different for everyone and we willingly enter into them. Yet so many people enter into these contracts and place the blame on being unhappy on others like the choice is not solely our own.
Garyvee mentioned the past weekend (at the time of the recording) was the first time he has done anything that resembles him responding to social pressure. He repeats again that he does what make him happy.
Isn’t that what life’s about??
Gary admits that he is private about his personal life. But by living the life he wants allows him to spend 2 hours at his child talent show. I do not have kids yet but I aspire to be at every talent show. The feeling of missing important moments in life to work a job that I dislike is a horrible feeling. Unfortunately, I have experienced that before and it was not a great feeling.
Gary goes on to say that he wants to help the world reach an non complaining zone. He wants us to realize that the buck stops with us. It is almost like he is saying that we are the CEO of our own company which is ourselves. And that the results are our employees. We are responsible for every last one of them. Gary wants us to realize that at the end of the day we are solely responsible for our lives.
Garyvee claims that leisure for him is working on his business every single day. He wants people to realize we live the life we want. He goes on to say that the mapping of our life does not match our complaining. For example, if you want to spend more time with your kids then go do it.
Now that isn’t as simple as it sound but the way he balances this unrealistic advice is by admitting there will be sacrifices made. He implies that either way the decisions we make comes with sacrifices. The real question is, what sacrifices are we willing to make?
He said few people are capable of building million dollar businesses. The guest agrees that it is very hard. Garyvee says the real problem is the 700 headaches (which is his employees) of running a business. The mental aspects of having the buck stop with you is hard. These are some of the sacrifices and responsibility that he accepts. Gary is comfortable with the pressure but says others aren’t. This is where self awareness comes in at. Gary attributes his mentality to his humble Russian Immigrant background.
The guest calls it the superhero origin which is Garyvee’s immigrant background. Gary elaborates on how his family came to America. He shares how his father busted his ass to save up to by the liquor store that he began working at. Gary shares that his entrepreneurship beginnings started with a lemonade stand and selling baseball cards. Garyvee says that he is not bullish on entrepreneurship. He says just because you want to be an entrepreneur and read the books and take the courses doesn’t mean you can become an entrepreneur. He says you have to be hardwired for it. Gary then say that the behavior can be trained into our wiring just like trainers train and discipline clients to eat better and do exercises that will change their appearance. I have personally seen individuals that believe because everyone in their family are obese they have to be obese. I have also seen the people that fight daily to ignore unhealthy urges to change their wiring to be fit and healthier and now they do not resemble anyone else in their family.
The guest then says most people are stuck in jobs and lives that they cannot stomach. Gary admits that there are a lot of people that can make money selling people a system or a dream because of the epidemic of people settling into a lifestyle that they are unhappy with. So we become victim to get rich quick and easy systems because we are so eager to escape. My personal thought is settling leads to unhealthy outlets to escape.
Garyvee then goes into a hypothetical story of Rick making 62k a year in a cubicle with 100k in student loans. He is being sold that he can make bank by following one of these systems and because there is a need to make bank it makes him susceptible to these systems. He strongly believes that he can take his job of making 62K a year and exchange it for business that he devotes his time to part time to make 62k but not 62k a year. It will be less money but more fun because it is on his terms. He goes into another example of someone making a 110k a year but gives that up to make 87k and to be more happy.
I realize that 62k a year and 110k a year to most of us is unrealistic currently. We have to remember that these examples are based on the perception and experience of the individual.
Garyvee goes into how he believes people can make money on eBay by selling goods and live a decent life. But not without hard work, patience, and a certain level of skill. This may not be possible for everyone but it is one example of what can be done. He admits there are 1k other ways he just encourages us to pick one. This may seem impossible but we have to remember this is coming from the perception of the speaker and the understanding of the listener or reader.
Gary strongly believes that people that want to go from making 60k a years on a job to 1 million indepently are making rush decisions . To include cutting corners and ripping people off because we are being impatient. By doing this we tarnish reputations and brands before we have the opportunity to establish ourselves. The guest podcaster L.H. Lawrence said he would gladly give up a job to run a business through channels of a blog, podcast, and vlogging all day long over 62k a year on a job. I am not at that point yet. 62k a year on a job is very appealing but I am ready to start working part time to not count on a job to make that amount of money. The guest says there is a difference between the sexy IPO and the entrepreneur. I interpret his words to mean that the entrepreneur is not sexy. I would compare the entrepreneur to a construction worker that is covered in dirt because he/she is too busy building.
Garyvee says the single most important decision in life is choosing to have patience. Building income from a business is a marathon not a sprint. No one single person has come into success in 4 minutes.
When people approach Garyvee and use the excuse that he don’t know their story on why they can’t succeed he reminds them that everyone has a story. Gary mentions the metaphorical character Rick has stuff going on in life that Gary knows nothing about. That is why he doesn’t concern himself with it. He says the difference between the people that’ll reach their apex is their ability to stick to it. Gary says know what you are good at, by doing what you are good at exponentially increases our ability to stick to it.
The guest speaker makes a very valuable point: Most people are so disconnected from themselves that they don’t know what they are good at.
Gary don’t believe the president of the US will dictate his life. The guest flows up Gary’s comment with the statement that by believing the president does dictate our life relinquish an incredible power and a person takes on a victim mentality.
Garyvee mentions his book Jab, Jab, Right Hook and says the punchline is that the right hook might not land and to be cool. He says it’s easy to be inspired and to talk about how you are inspired but a lot of people don’t know what action and practicality looks like. Gary suggest that patience and consistency is the key to anything that we are doing. He wants us to have a long term mindset once we make the decision to take control of our life.
18-26 year olds have nothing but time and their whole life to look forward to.
Gary said that we are living during a culture shift, and it’s because of the internet. The internet is only 20 yrs old at this point.
He reminisces about where he started and makes the statement that the tools that are available at the hands of everyone is amazing! I am constantly amazed myself at the incredible things we can do now with our phones. I prefer to use my phone over my Mac Laptop.
Garyvee launched an ecommerce wine business in 1996 to 2003 and grew his family liquor store from 3 million to 60 mil in 5 years. Using the internet. That is amazing. I must say that I am not sure of the actual facts of his statements. However, his talks and advice has helped me get started on my blog. We will wrap the review of this podcast with part 3 review in the next post. ✌