Latest / Substack Writers Salon / “I Turned Down Penguin”: A Conversation with Paul Millerd on The Pathless Path, Money, and Redefining Work
Transcript
- 0:00Hi everyone,
- 0:02and welcome to another episode of the Substack Writer Salon.
- 0:07SPEAKER_01: And today we have Paul Millard.
- 0:10And Paul,
- 0:11for those who don't know him,
- 0:13he is sort of the father of the pathless path.
- 0:19What I mean by the pathless path is he's the one who encourages
- 0:24all of us to take
- 0:25SPEAKER_01: unconventional paths in life and work.
- 0:29SPEAKER_01: And he basically tries to reimagine the future of work.
- 0:34SPEAKER_01: And that's through his book.
- 0:38SPEAKER_01: The book is a best-selling book called The Pathless Path.
- 0:42And it got major recommendations from major YouTubers like Ali
- 0:48Abdel and others.
- 0:49I personally read the book a few years ago,
- 0:52and it really inspired me and reinvigorated me.
- 0:57SPEAKER_01: So, Paul, thank you so much for joining me today.
- 1:02SPEAKER_01: It's 9.30 p.m.
- 1:03SPEAKER_01: here in the suburbs of Washington, D.C.
- 1:07SPEAKER_01: And it's probably, what, 10.30 a.m.
- 1:09SPEAKER_01: where you are?
- 1:11SPEAKER_00: 10.30 in Taipei.
- 1:13SPEAKER_00: Yeah.
- 1:13SPEAKER_01: Taipei.
- 1:14SPEAKER_01: All right.
- 1:15SPEAKER_00: Tuesday morning.
- 1:16SPEAKER_01: All right.
- 1:17SPEAKER_01: So,
- 1:17SPEAKER_01: Paul,
- 1:18your story is that you had a lucrative job at McKinsey and you
- 1:25decided to leave it
- 1:27SPEAKER_01: and just go on your own.
- 1:30SPEAKER_01: Do you regret this decision?
- 1:35SPEAKER_00: Well, I was never well paid at McKinsey.
- 1:37SPEAKER_00: McKinsey was actually my first job in consulting when I was 23.
- 1:42SPEAKER_00: And so I spent nine more years in the industry.
- 1:45SPEAKER_00: And I actually loved working at McKinsey early on.
- 1:51SPEAKER_00: I loved consulting.
- 1:52SPEAKER_00: It was challenging.
- 1:53I had come from GE,
- 1:54where GE was kind of this old stuffy company on the decline.
- 2:00SPEAKER_00: And yeah, McKinsey was fast-paced, great managers, great mentorship.
- 2:04SPEAKER_00: I learned a lot.
- 2:05SPEAKER_00: It was really amazing.
- 2:07SPEAKER_00: It's definitely the best job I ever had.
- 2:10SPEAKER_00: After that,
- 2:10SPEAKER_00: though,
- 2:11I went to business school for two years and then had three more
- 2:13jobs in five years
- 2:15SPEAKER_00: after business school.
- 2:17I think in those successive jobs after business school,
- 2:21my salary definitely kept climbing.
- 2:23But then like my curiosity and just like sense of aliveness,
- 2:28I think,
- 2:29kept going down.
- 2:31SPEAKER_00: And that disconnect just sort of tore at me.
- 2:36SPEAKER_00: I don't think I knew what I wanted to do.
- 2:37SPEAKER_00: I just knew that if I stayed on my current trajectory or current path,
- 2:42I was heading almost assuredly toward a life that I was not
- 2:46satisfied with.
- 2:49SPEAKER_01: Are you satisfied now?
- 2:51SPEAKER_00: Yeah, very.
- 2:52SPEAKER_00: I don't think I would.
- 2:53SPEAKER_00: Yeah, I definitely don't regret leaving.
- 2:56SPEAKER_00: I wish I left earlier.
- 2:59SPEAKER_00: And so I sort of wish I left.
- 3:06I wish I didn't go to business school and continue on a
- 3:08consulting for five years.
- 3:10SPEAKER_00: I think if I had worked at McKinsey for two,
- 3:12SPEAKER_00: three years and then sort of gone out on my own or really,
- 3:17I probably should have just traveled for a year to meet that
- 3:20sense of adventure.
- 3:21SPEAKER_00: I think I craved rather than going into debt to go to business school.
- 3:27SPEAKER_00: But the journey's been fun.
- 3:30I think I've been able to apply a lot of what I've learned in
- 3:33consulting to writing.
- 3:34SPEAKER_00: And yeah, I sort of am looking forward at this point.
- 3:38SPEAKER_00: But yeah, I feel great on my path.
- 3:41SPEAKER_00: I feel way more grounded and connected than I did on my previous path.
- 3:47SPEAKER_00: So in that way,
- 3:48it feels much more secure and stable to me than anything I had
- 3:52in my previous path.
- 3:54SPEAKER_01: Hmm.
- 3:55SPEAKER_01: So many people know you or got to know you online through your book.
- 4:00SPEAKER_01: And this is how I got to know you as well,
- 4:02SPEAKER_01: through The Pathless Path,
- 4:04which is kind of becoming like the Bible for people who want to
- 4:12pursue this
- 4:13SPEAKER_01: unconventional path.
- 4:15SPEAKER_01: So what gave you the idea to write this book?
- 4:19SPEAKER_01: I mean, what was, you know, the spark?
- 4:21SPEAKER_01: Yeah.
- 4:23I think it's resonated because I didn't really write it to try
- 4:27to be a bestseller
- 4:28SPEAKER_00: or even sell a lot of copies.
- 4:33I wrote it because it was the obvious next step in the journey
- 4:37I had embarked on.
- 4:38SPEAKER_00: So in 2018, I moved to Taiwan without a plan.
- 4:44SPEAKER_00: This is why I'm here now.
- 4:45SPEAKER_00: I ended up meeting my wife soon after.
- 4:47SPEAKER_00: But
- 4:49SPEAKER_00: In that period,
- 4:50SPEAKER_00: I was just looking for sort of distance from my old life,
- 4:53SPEAKER_00: both metaphorically and literally.
- 4:56And in that first month,
- 4:58I decided I would just try to do the opposite of everything.
- 5:03SPEAKER_00: My brain was telling me to do,
- 5:05SPEAKER_00: oh,
- 5:05SPEAKER_00: you need to make money,
- 5:05SPEAKER_00: you need to start stuff,
- 5:07SPEAKER_00: you need to go pursue impressive things,
- 5:09SPEAKER_00: all these things.
- 5:10SPEAKER_00: So basically just like wandered around,
- 5:12SPEAKER_00: read,
- 5:13SPEAKER_00: and what I found myself doing most mornings was writing.
- 5:18SPEAKER_00: And I just enjoyed it so much.
- 5:20SPEAKER_00: I was like, wow, writing is awesome.
- 5:23SPEAKER_00: I get so much from this.
- 5:25SPEAKER_00: What if I just make this the aim of everything?
- 5:29And so I decided I would basically build my path around writing
- 5:35as the core
- 5:35SPEAKER_00: activity,
- 5:36SPEAKER_00: the priority,
- 5:37SPEAKER_00: creative action.
- 5:39SPEAKER_00: And I...
- 5:42basically did that for years and so I didn't publish my book
- 5:46until four years later
- 5:49but in the next three and a half years I wrote I talked to
- 5:52people about the ideas I
- 5:54basically lived my life in a way in which I could write I could
- 5:57be energized right
- 5:58and I didn't want to become at risk of burnout or losing
- 6:03interest at all and so I
- 6:04SPEAKER_00: did that
- 6:06SPEAKER_00: Ended up publishing the book,
- 6:08and I think the book just connected with people in a much
- 6:12deeper way than I ever
- 6:14SPEAKER_00: expected.
- 6:15SPEAKER_00: I think a few things drove that.
- 6:17SPEAKER_00: One,
- 6:18SPEAKER_00: I did not write the popular nonfiction style,
- 6:20SPEAKER_00: which is like,
- 6:21here's how you do it and here are your takeaways at the end of
- 6:23the chapter.
- 6:25SPEAKER_00: I wrote sort of a memoir-ish book, I like to call it.
- 6:29SPEAKER_00: It's definitely my personal journey,
- 6:31but then there's like side quests where you can go down the
- 6:33rabbit hole of the
- 6:34SPEAKER_00: history of work.
- 6:35And I sort of weave in my personal story with some of these
- 6:39reflections,
- 6:40updated data points.
- 6:41And I'm really trying to say to people in the modern world,
- 6:46you're not crazy.
- 6:47SPEAKER_00: Yeah.
- 6:47SPEAKER_00: The reason you feel weird about work, it all makes sense.
- 6:52And I'm just crazy enough that I spent the last three and a
- 6:54half years mapping this all out.
- 6:57And then I think injecting the personal story into it enabled
- 7:01people to really
- 7:01SPEAKER_00: connect with all of that as well.
- 7:03SPEAKER_01: So why did you self-publish?
- 7:08SPEAKER_01: I mean, you had a great story.
- 7:10SPEAKER_01: I had a tiny audience.
- 7:11SPEAKER_01: I had no chance of getting a book offer.
- 7:18SPEAKER_01: I mean, maybe I did.
- 7:20SPEAKER_01: Did you even try?
- 7:21SPEAKER_00: No, I didn't even try.
- 7:22SPEAKER_00: I mean, I had no interest.
- 7:25SPEAKER_00: I think when I started writing the book,
- 7:29SPEAKER_00: people asked me,
- 7:30SPEAKER_00: are you going to try and get a book deal?
- 7:32SPEAKER_00: And like getting a book deal for nonfiction is absurd.
- 7:39you have to like spend like six months writing a proposal to
- 7:42then get permission to
- 7:44SPEAKER_00: write the book around the topic that the publisher chooses.
- 7:49And for three and a half years,
- 7:50I had just been waking up and doing what I felt called to do.
- 7:55SPEAKER_00: And it was fundamentally opposed to my nature.
- 8:00SPEAKER_00: And I had spent 10 years pursuing like prestige and status and success.
- 8:05SPEAKER_00: And so like,
- 8:07SPEAKER_00: Not for a single moment was I ever like, oh yeah, I need that.
- 8:11SPEAKER_00: That will help me.
- 8:13SPEAKER_00: I was writing the book because I wanted to write it.
- 8:16SPEAKER_00: The goal was to break even on the $7,000 I spent on the book.
- 8:21SPEAKER_00: I had no intention of trying to sell a lot of copies.
- 8:23SPEAKER_00: I didn't care if I sold a lot of copies.
- 8:27I was writing a book because that was just the obvious next
- 8:29step of challenging
- 8:31SPEAKER_00: myself as a writer.
- 8:33SPEAKER_01: You mentioned $7,000.
- 8:34SPEAKER_01: How...
- 8:37SPEAKER_01: Why would it cost that much to self-publish?
- 8:42SPEAKER_00: $7,000.
- 8:42SPEAKER_00: Hire a book designer.
- 8:45SPEAKER_00: You have to buy the ISBNs.
- 8:50SPEAKER_00: You pay an editor.
- 8:52SPEAKER_00: I paid multiple editors because I had trouble finding the right fit.
- 8:58SPEAKER_00: And yeah, seven, seven thousands.
- 9:02And then including money to record the audio book,
- 9:04seven thousands,
- 9:05probably pretty low.
- 9:06SPEAKER_00: I was a bit scrappy.
- 9:08SPEAKER_00: I think if you want to do it well with like a good editor and designs,
- 9:13SPEAKER_00: you can probably do it for like five to 10,
- 9:16SPEAKER_00: but,
- 9:16SPEAKER_00: um,
- 9:19SPEAKER_00: Yeah,
- 9:19SPEAKER_00: anything below that,
- 9:20SPEAKER_00: you're probably going to have to just have a lot of the skills yourself,
- 9:24SPEAKER_00: like cover design,
- 9:26SPEAKER_00: graphic design,
- 9:27SPEAKER_00: and things like that.
- 9:29SPEAKER_01: You published another book, correct?
- 9:32SPEAKER_00: Yeah, I published Good Work.
- 9:33SPEAKER_00: Good Work's my second book, two and a half years after The Pathless Path.
- 9:37SPEAKER_00: That was in September 2024.
- 9:38SPEAKER_00: Okay,
- 9:39SPEAKER_01: so I'm assuming you broke even from the first book,
- 9:45SPEAKER_01: at least,
- 9:46SPEAKER_01: and hopefully more than that.
- 9:51SPEAKER_00: Yeah, I spent about $10,000 on that one.
- 9:55And that was just because I had to hire a bunch of different
- 9:57cover people.
- 9:58SPEAKER_00: And I paid my editor,
- 10:01SPEAKER_00: who I worked with in the first book,
- 10:02SPEAKER_00: a bit more because she did a little more work on this one.
- 10:06SPEAKER_00: Yeah, I think I've broken even.
- 10:08SPEAKER_00: I've probably made about $5,000 to $10,000 profit on that book in a year.
- 10:10SPEAKER_00: Okay.
- 10:15SPEAKER_00: Which is not great.
- 10:17SPEAKER_00: But the pathless path is still selling better than good work.
- 10:22SPEAKER_01: Okay.
- 10:23SPEAKER_01: So for the second one, you immediately went to self publishing.
- 10:28Did any like agents or publishers approach you after the
- 10:32success of the first one?
- 10:34Yeah,
- 10:35Penguin tried to purchase the rights to The Pathless Path after
- 10:38a year.
- 10:38They offered me $70,000 for The Pathless Path and $130,000 to
- 10:40write a second book.
- 10:41SPEAKER_00: It was a two-book deal.
- 10:47SPEAKER_00: So I had to hand over the rights to The Pathless Path,
- 10:51and then I'd get permission to write the topic they choose for
- 10:56the second book.
- 10:56SPEAKER_00: And I don't know, it was just too low of an offer.
- 11:00SPEAKER_00: At that point, I was selling a crazy amount of books per month.
- 11:03I think I'd sold 2,000 books the previous month,
- 11:07and I made $10,000 from the book.
- 11:07SPEAKER_00: So...
- 11:10SPEAKER_00: After an agent takes a fee, they basically force you to use an agent.
- 11:14SPEAKER_00: I think I'd make like $52,000.
- 11:16SPEAKER_00: And I'd have to earn back that.
- 11:19And so I was earning about $10,000 a month at that point
- 11:24because the sales were
- 11:24SPEAKER_00: crazy for the Pathless Path.
- 11:27SPEAKER_00: And I would need to sell...
- 11:31double that to earn the same amount with a traditional
- 11:34publisher because they give
- 11:36SPEAKER_00: you a smaller cut.
- 11:37SPEAKER_00: And they were going to take it out of print, which is just insane.
- 11:41SPEAKER_00: I think like it was just a really bad match.
- 11:45SPEAKER_00: I didn't really connect with them energy wise.
- 11:47SPEAKER_00: So it was pretty much an easy no.
- 11:50SPEAKER_01: So that was Penguin, right?
- 11:53SPEAKER_00: Yeah.
- 11:53SPEAKER_00: Yeah.
- 11:54SPEAKER_01: So you actually turned down Penguin.
- 11:56SPEAKER_01: You should have this as your tagline.
- 11:59SPEAKER_01: I turned down Penguin.
- 12:01SPEAKER_00: Well, I just don't care.
- 12:03SPEAKER_00: I don't think it matters anymore.
- 12:05SPEAKER_00: I think self-published books get a bad rap.
- 12:10And sure,
- 12:11a lot of people do them cheaply and don't put the effort in and
- 12:15care in.
- 12:16SPEAKER_00: But...
- 12:16If you do like a paperback,
- 12:18they're indistinguishable print on demand from the other ones.
- 12:22SPEAKER_00: Can you get into bookstores?
- 12:25SPEAKER_00: No,
- 12:25but you can actually control pricing and compete a lot more
- 12:29aggressively in getting
- 12:30SPEAKER_00: your books out there.
- 12:31SPEAKER_00: You can gift your books cheaper.
- 12:32SPEAKER_00: You can do cool things like creating a premium hardcover.
- 12:36SPEAKER_00: What I did recently, I can legally use all the pages inside my book like
- 12:43Traditional publishing,
- 12:44like,
- 12:44you don't even have merchandising rights for your books.
- 12:47SPEAKER_00: They own everything these days.
- 12:50SPEAKER_00: And so... Yeah, I don't... It's...
- 12:54SPEAKER_00: To me,
- 12:55I think the distinction between traditional publishing and
- 12:58self-publishing is going
- 12:59SPEAKER_00: to fade away.
- 13:00SPEAKER_00: Right now,
- 13:01it's just that way because they put so much energy into
- 13:05maintaining this prestige
- 13:07SPEAKER_00: and they don't want to give away rights to authors,
- 13:10even though eventually authors are just going to wake up to
- 13:13this that if you own
- 13:14SPEAKER_00: your own audience,
- 13:15SPEAKER_00: it's insane to give marketing and rights control to your audience.
- 13:23To a random company in New York that has like pretty poor paid
- 13:29employees working for it.
- 13:31SPEAKER_01: Well,
- 13:32SPEAKER_01: it's interesting what you said because like a couple of weeks ago,
- 13:35SPEAKER_01: I interviewed another big creator here on Substack,
- 13:41SPEAKER_01: if you know her,
- 13:41SPEAKER_01: Veronica Yorca-Smith.
- 13:43And she published,
- 13:45I think,
- 13:45with Penguin or maybe Random House,
- 13:47I can't remember.
- 13:48SPEAKER_01: And then when I asked her,
- 13:50she previously self-published and she said she's going to go
- 13:54with a traditional
- 13:55SPEAKER_01: publisher.
- 13:56SPEAKER_01: And I said, why?
- 13:57SPEAKER_01: And she said, because of their reputation and because...
- 14:01She would not get invited to speak at major conferences if she
- 14:06was self-published.
- 14:08SPEAKER_01: And that for her was kind of the thing that made her decide.
- 14:14SPEAKER_00: This is the big hidden secret of the industry.
- 14:22SPEAKER_03: Okay.
- 14:23SPEAKER_00: The industry gives a bad deal to authors for their books.
- 14:27But authors do it because the industry has these special
- 14:31connections for speaking gigs.
- 14:33SPEAKER_02: Yeah.
- 14:33SPEAKER_00: So this is exactly what they said to me in the pitch.
- 14:36SPEAKER_00: They'll say, hey, we'll get you on the speaker circuit.
- 14:39SPEAKER_00: You'll definitely make money from speaking.
- 14:42SPEAKER_00: I like writing.
- 14:44SPEAKER_00: I don't want to be a speaker.
- 14:45SPEAKER_02: Yeah.
- 14:48SPEAKER_00: And it's very true.
- 14:50This industry is built around gatekeeping and all these secret
- 14:56deals with PR people
- 14:58SPEAKER_00: and conference people behind the scenes.
- 15:02SPEAKER_00: Yeah,
- 15:02there are people that have books that have sold much worse than
- 15:06mine and barely
- 15:08SPEAKER_00: sold that are on the speaker circuit talking about work.
- 15:12SPEAKER_00: I don't get invited to any of these.
- 15:13SPEAKER_00: I've never gotten an offer to speak at a conference.
- 15:16SPEAKER_00: And so, yeah, that's 100% true.
- 15:19SPEAKER_00: I think the reputation part is bullshit.
- 15:23SPEAKER_00: Who published your favorite book?
- 15:27SPEAKER_03: Who published it?
- 15:28SPEAKER_02: Yeah.
- 15:29SPEAKER_02: What's your favorite book?
- 15:31SPEAKER_01: Well, I have a number of them, but it's probably…
- 15:37SPEAKER_01: I don't know.
- 15:37SPEAKER_01: I like the books of like Jun Palari, who's an Indian-American author.
- 15:43SPEAKER_01: She writes fiction.
- 15:44SPEAKER_01: She wrote The Namesake.
- 15:48SPEAKER_01: She wrote Interpreter of Maladies.
- 15:52SPEAKER_01: It might be one of the big fives in New York.
- 15:55SPEAKER_01: I don't remember.
- 15:56SPEAKER_01: It's probably, I can't remember.
- 15:59SPEAKER_00: Who's the publisher of it?
- 16:01SPEAKER_00: Do you know?
- 16:03SPEAKER_01: I have to look that up.
- 16:06SPEAKER_00: No one knows the publisher.
- 16:09SPEAKER_00: You bought the book probably because somebody recommended it to you.
- 16:13SPEAKER_03: Yeah, correct.
- 16:14SPEAKER_03: Yeah.
- 16:15SPEAKER_00: Right.
- 16:15SPEAKER_00: You care about your friend's reputation.
- 16:18SPEAKER_00: You don't care about the publisher's reputation.
- 16:21SPEAKER_01: That's true.
- 16:22SPEAKER_01: That's a valid point.
- 16:23SPEAKER_00: This is just something people say.
- 16:26And so,
- 16:26I mean,
- 16:27I think the real reason is like it's delightful to be selected.
- 16:31It feels so great for the ego to be like somebody that other
- 16:36people see as impressive chose me.
- 16:38SPEAKER_00: That's really delightful to feel.
- 16:41SPEAKER_01: Yeah.
- 16:41SPEAKER_01: It's mostly for the ego.
- 16:44I just have experience of feeling that before and then
- 16:47eventually realizing it
- 16:48SPEAKER_00: doesn't matter in the long run of your life.
- 16:51SPEAKER_00: Like I got into MIT for grad school.
- 16:54SPEAKER_00: It felt amazing.
- 16:56SPEAKER_00: But like you can't do anything with that feeling.
- 17:01SPEAKER_00: We love being chosen.
- 17:03SPEAKER_00: And so I think I'm just a little more aware of these things.
- 17:06SPEAKER_00: I think the speaking thing is very real.
- 17:10SPEAKER_00: But if you're doing it to like make more money from your book,
- 17:13SPEAKER_00: like it's just,
- 17:14SPEAKER_00: it's very,
- 17:15very hard because they're not going to care unless they give
- 17:18you a massive advance.
- 17:22SPEAKER_01: That's like fascinating to hear because it's,
- 17:25SPEAKER_01: you know,
- 17:25SPEAKER_01: I heard like I keep hearing different opinions about it.
- 17:28SPEAKER_01: Okay, so what?
- 17:30SPEAKER_00: Well, they aren't opinions.
- 17:32SPEAKER_00: You need to find out, one, what is the size of your advance?
- 17:37If somebody has a $500,000 advance,
- 17:40that is shaping their opinions,
- 17:42right?
- 17:42You need to understand like what they're getting and how they
- 17:46value things.
- 17:48SPEAKER_00: And I think in this author world, people don't actually share anything.
- 17:54SPEAKER_00: I share 100% of my royalties.
- 17:58SPEAKER_00: I share all my foreign rights deals.
- 18:01SPEAKER_00: I share you the percent cut.
- 18:02SPEAKER_00: I pay my agent.
- 18:04SPEAKER_00: All of this is public.
- 18:06SPEAKER_00: And so you can assess my opinions based on what's actually happening.
- 18:11Authors who go with traditional publishing will never tell you
- 18:15the size of their advance.
- 18:16SPEAKER_00: They'll never tell you how many books they sell.
- 18:18SPEAKER_00: They'll never tell you how much they make from books.
- 18:21SPEAKER_00: So unless you have that information, you can't really make good books
- 18:25judgments based on what other people are telling you like you
- 18:28need to figure out
- 18:29one what you value and then two like what are the trade-offs
- 18:33other people are
- 18:33making versus their values okay so what made you sell so many
- 18:39books i mean before
- 18:41the i don't know you have to ask my readers like what what is
- 18:46your secret uh
- 18:48SPEAKER_00: there's this is the thing there's no like books
- 18:53SPEAKER_00: There's no like playbook that can sell a lot of books.
- 18:57SPEAKER_00: There's a certain amount of magic that exists.
- 19:00SPEAKER_00: Everyone wants there to be a playbook.
- 19:02SPEAKER_00: Oh, if I just do these things, I'll sell a lot of books.
- 19:06SPEAKER_00: There's one thing that sells books.
- 19:09SPEAKER_00: People buy it, finish it, and then share it and gift it to other people.
- 19:16SPEAKER_02: Okay.
- 19:17Books spread via word of mouth or awareness once it's reached a
- 19:22certain tipping
- 19:22SPEAKER_00: point that like everyone knows that everyone knows this is a good book.
- 19:25But the number one thing is it has to actually be a good book
- 19:29that people like and
- 19:30SPEAKER_00: want to recommend.
- 19:32SPEAKER_03: Okay.
- 19:34SPEAKER_00: So have you ever recommended The Pathless Path to anyone?
- 19:38SPEAKER_01: Probably.
- 19:39SPEAKER_01: I mean, I recommend a lot of books.
- 19:41SPEAKER_01: I have a podcast.
- 19:43SPEAKER_00: So that's how it sells.
- 19:45SPEAKER_01: Yeah.
- 19:46SPEAKER_01: Yeah.
- 19:47I mean,
- 19:47I'm trying to remember how I heard about you probably on
- 19:50Twitter,
- 19:51maybe on Ali Abdel.
- 19:53SPEAKER_01: So how did you get Ali Abdel to recommend your book?
- 19:56SPEAKER_01: I mean, what was the connection here?
- 19:58SPEAKER_00: I didn't.
- 20:01SPEAKER_00: So I'm sort of crazy.
- 20:02SPEAKER_00: Like, I don't ask anyone to share my stuff.
- 20:07SPEAKER_00: I have a fundamental view of how I see art and creative work.
- 20:11SPEAKER_00: My creative work is a gift for the world.
- 20:13SPEAKER_00: I don't deserve any money for my creative work.
- 20:17SPEAKER_00: My creative work is such a privilege to be able to do.
- 20:20To be able to live in the modern world and create and be able
- 20:23to share it with the
- 20:24public for pretty much free is just one of the greatest
- 20:28privileges in the world.
- 20:30I don't expect to receive anything for this work because I'm
- 20:33already getting paid
- 20:34SPEAKER_00: in the light of being able to do the work.
- 20:37That makes a lot of people uncomfortable because we live in a
- 20:40modern economy and we
- 20:41SPEAKER_00: need money and we feel like we should get paid money for our work.
- 20:47SPEAKER_00: I don't feel that in my bones, in my body.
- 20:51SPEAKER_00: And so I genuinely gift my work to people.
- 20:57Ali Abdaal happened to simply be a reader of my newsletter like
- 21:01six years ago.
- 21:02SPEAKER_00: He found it through my brother, his brother, who sent him this stuff.
- 21:07SPEAKER_00: And he supported my presale.
- 21:10And so I replied to him just like any other person and said,
- 21:14let me send you some free copies.
- 21:17SPEAKER_00: And so I sent him a bunch of free copies.
- 21:20SPEAKER_00: He read the book.
- 21:20SPEAKER_00: He liked it.
- 21:22SPEAKER_00: He started recommending it to other people.
- 21:26SPEAKER_00: But his behavior was almost indistinguishable from like other people.
- 21:32I don't really treat him differently than other readers who buy
- 21:37and recommend my stuff.
- 21:39And so when I find people that love my book and recommend it to
- 21:42other people and
- 21:43SPEAKER_00: gift it to other people,
- 21:44SPEAKER_00: I'll typically say,
- 21:45SPEAKER_00: hey,
- 21:45SPEAKER_00: can I send you five copies?
- 21:47SPEAKER_00: I love that you're gifting it.
- 21:48SPEAKER_00: Let me support you in doing that.
- 21:51SPEAKER_00: And so...
- 21:52SPEAKER_00: Over the last four years,
- 21:54SPEAKER_00: I pretty much just,
- 21:55SPEAKER_00: I treat every reader that loves my stuff,
- 21:59SPEAKER_00: I take them incredibly seriously.
- 22:02And I really care about them because anyone who's going to
- 22:05spend time with my work,
- 22:06SPEAKER_00: it's like,
- 22:07SPEAKER_00: wow,
- 22:08SPEAKER_00: that's amazing.
- 22:09SPEAKER_00: It might take five, six hours to read The Pathless Path.
- 22:13SPEAKER_00: You're going to spend that time with my work, I'll do anything for you.
- 22:19SPEAKER_00: And so I really try to orient around that.
- 22:23SPEAKER_00: But in the pathless path,
- 22:27I'm talking you through all these ways I've tried to practice
- 22:31approaching my work.
- 22:33And so this was a lot easier after five years of actually
- 22:36showing up and living and
- 22:38practicing that way of life without any outcomes or success
- 22:42from my writing.
- 22:44And so my work is indistinguishable from how I approach my
- 22:49work,
- 22:49if that makes any sense.
- 22:52SPEAKER_00: Like I really try to practice generosity.
- 22:54I really try to embrace this idea of seeing my work as a gift
- 22:57and feeling incredibly lucky.
- 22:59And like if those things aren't right,
- 23:01like I see them as problems to be fixed.
- 23:05SPEAKER_01: But, you know, you have a family, you have a child.
- 23:09SPEAKER_01: How sustainable is that,
- 23:11SPEAKER_01: let's say,
- 23:12SPEAKER_01: approach when it comes to,
- 23:15SPEAKER_01: and we do still live in a capitalist world.
- 23:19SPEAKER_00: I don't know how sustainable it is.
- 23:22SPEAKER_01: Like how,
- 23:23SPEAKER_01: you know,
- 23:23and if you want to give advice to people who want to follow a
- 23:26similar path and,
- 23:28SPEAKER_01: you know,
- 23:29SPEAKER_01: they have bills to pay,
- 23:30SPEAKER_01: they have,
- 23:31SPEAKER_01: you know,
- 23:31kids that they want to send to school and buy new clothes and
- 23:35all of that.
- 23:37SPEAKER_01: We have to think of something more practical, no?
- 23:43SPEAKER_00: For me, no.
- 23:45SPEAKER_00: Me and my wife, no.
- 23:47SPEAKER_00: We put doing our creative work and those things above material objects.
- 23:54SPEAKER_00: We are not saving to send our kid to private school or something.
- 24:00SPEAKER_00: We are not trying to buy a house.
- 24:03SPEAKER_02: We don't own a car.
- 24:07SPEAKER_00: we live in Taiwan because, yeah, it's cheaper.
- 24:11The thing is,
- 24:11like,
- 24:12we're starting from,
- 24:13like,
- 24:13what is the life we want to live?
- 24:15SPEAKER_00: What are our constraints?
- 24:17SPEAKER_00: And how do we make that happen?
- 24:18SPEAKER_03: Okay.
- 24:20SPEAKER_00: We cannot afford child care in a house and a car right now.
- 24:25SPEAKER_03: Okay.
- 24:26SPEAKER_00: For many people, that's a deal breaker.
- 24:28SPEAKER_00: They're like, hell no.
- 24:30SPEAKER_00: In which case, like, you should not, like, try to be me.
- 24:34SPEAKER_00: Okay.
- 24:36SPEAKER_00: You need to start with what you want.
- 24:39SPEAKER_00: If you want a very cozy,
- 24:43SPEAKER_00: upper-middle-class,
- 24:43SPEAKER_00: American-style life,
- 24:46SPEAKER_00: you need to grapple with that and say,
- 24:49SPEAKER_00: okay,
- 24:50SPEAKER_00: given that constraint,
- 24:52SPEAKER_00: what trade-offs am I willing to make?
- 24:54Maybe you have to remain employed and do your creative work at
- 24:57night or in the
- 24:58SPEAKER_00: morning or something.
- 25:00SPEAKER_00: For me, I don't...
- 25:01SPEAKER_00: I don't want to build my life around a job.
- 25:04SPEAKER_00: My wife is wired the same way.
- 25:05And we're both just like,
- 25:09we must have this sense of adventure and aliveness in our life.
- 25:12SPEAKER_00: And we're willing to sacrifice pretty much anything for that.
- 25:16Now,
- 25:17that being said,
- 25:17I have at least broken even every year of my journey.
- 25:22SPEAKER_03: Okay.
- 25:24And so when I quit my job,
- 25:25I had some savings to cover about a year of expenses.
- 25:28SPEAKER_00: And I said to myself, success is breaking even each year.
- 25:33SPEAKER_03: Okay.
- 25:35SPEAKER_00: And so costs have gone up and gone down at times.
- 25:37SPEAKER_00: I have had some luck with the book and made money from that.
- 25:40But when I made a lot of money from the book in 2023,
- 25:44I didn't buy more stuff.
- 25:46SPEAKER_00: I just saved more money so that I could continue to buy more freedom.
- 25:53SPEAKER_00: To keep doing this creative work, keep living this life.
- 25:57SPEAKER_00: Now, I have no idea if this can work three years from now.
- 26:02SPEAKER_01: What would you do if it doesn't work?
- 26:04SPEAKER_01: Would you go back?
- 26:05SPEAKER_00: I don't know.
- 26:05SPEAKER_00: I'll just get a job.
- 26:06SPEAKER_00: It's not that big of a deal.
- 26:09SPEAKER_01: Ah, okay.
- 26:11SPEAKER_00: The uncertainty is not a problem to be solved.
- 26:16SPEAKER_03: It's not?
- 26:18SPEAKER_00: For me, no.
- 26:20SPEAKER_02: Okay.
- 26:20SPEAKER_00: Uncertainty is something to be embraced.
- 26:22SPEAKER_00: Uncertainty is part of life.
- 26:24SPEAKER_00: Right?
- 26:26SPEAKER_02: Okay.
- 26:26Not knowing if I can make money three years from now is not a
- 26:29problem to be solved right now.
- 26:32SPEAKER_03: Okay.
- 26:33SPEAKER_01: So you're not opposed… It's not urgent.
- 26:36SPEAKER_01: You're not opposed to going back to 95.
- 26:40SPEAKER_00: I will fight like hell to avoid it.
- 26:43um that's the thing i've been self-employed for eight and a
- 26:46half years like i've
- 26:47developed all these skills i've learned how to make money in a
- 26:50hundred different
- 26:51ways like i'll pretty much do anything to avoid that fate and
- 26:58my confidence goes up
- 26:59SPEAKER_00: each year like the longer you're on a path making it on your own the more
- 27:04SPEAKER_01: confidence you have that you can keep going okay i see and um
- 27:13SPEAKER_01: Okay, so what is the main source?
- 27:15SPEAKER_00: You seem uncomfortable with some of the things I'm saying.
- 27:17SPEAKER_01: No, no, no.
- 27:18SPEAKER_01: I'm just,
- 27:19SPEAKER_01: I'm playing the devil's advocate because that's,
- 27:21SPEAKER_01: that's basically,
- 27:23I'm like trying to understand where you're coming from because
- 27:25you have a very
- 27:26SPEAKER_01: unconventional opinion.
- 27:29SPEAKER_01: And,
- 27:30SPEAKER_01: and I like that because many of the people that I- My writing,
- 27:34SPEAKER_00: my writing and thinking is not for everyone.
- 27:37My writing is not for the person that wants the house and the
- 27:40fancy life and the stable salary.
- 27:43SPEAKER_02: Okay.
- 27:44SPEAKER_00: Like, you shouldn't be reading my stuff.
- 27:46SPEAKER_00: My stuff is for the weirdos that must find another way.
- 27:50SPEAKER_01: Yeah.
- 27:52SPEAKER_00: And these are the people that love my book and my writing.
- 27:57SPEAKER_00: I'm writing for them.
- 27:58SPEAKER_00: I don't want to be a mainstream airport bestseller.
- 28:02I want to be a niche writer for the weirdos like me who must
- 28:07find a different way.
- 28:08SPEAKER_00: And we have existed throughout history,
- 28:12from the poets escaping Confucianism and getting drunk in the
- 28:16forests in China,
- 28:17SPEAKER_00: to people like Walden,
- 28:18SPEAKER_00: to the mystics in the Middle East in the early 200s,
- 28:23SPEAKER_00: like...
- 28:26SPEAKER_00: These people always exist.
- 28:28SPEAKER_00: And these are the people, I realized I am like them.
- 28:32SPEAKER_00: I am not wired like the suits I was surrounded by in my corporate world.
- 28:36SPEAKER_00: And so I write for those people.
- 28:39SPEAKER_00: Yeah, like Caitlin's responding in the comments.
- 28:42SPEAKER_00: People like Caitlin.
- 28:43SPEAKER_01: Yeah.
- 28:45SPEAKER_01: Okay.
- 28:46Was there like a life event that happened that altered your
- 28:50thinking of being an MIT grad?
- 28:52SPEAKER_01: I mean, you were on the path to become one of those people in suits.
- 28:56SPEAKER_01: I mean, MIT and McKinsey and consulting.
- 29:00SPEAKER_01: What happened?
- 29:00SPEAKER_00: I don't know.
- 29:03SPEAKER_00: Yeah, I'm the poorest business school graduate from my class now.
- 29:09and so I'm an utter failure when it comes through the lens of
- 29:13the default path and
- 29:15that's fine to me because the thing is like it never really
- 29:19mattered that much to
- 29:21me I think I was always just this good student and was scared
- 29:27like I was very
- 29:27insecure and like scared of getting out of my comfort zone when
- 29:31little and I think
- 29:33SPEAKER_00: I was definitely just emotionally immature.
- 29:35SPEAKER_00: I didn't know how to handle emotions.
- 29:37And I think I dealt with a lot of that by avoidance and chasing
- 29:42certainty.
- 29:43SPEAKER_00: And so even within all my jobs, I was always trying to escape.
- 29:47SPEAKER_00: I was always pushing the limits.
- 29:49I was the first one to leave the office and didn't care that,
- 29:52oh,
- 29:52you can't just leave.
- 29:53SPEAKER_00: You got to stay around and work hard like everyone else.
- 29:57SPEAKER_00: So I was always testing boundaries and pushing the limits.
- 30:01SPEAKER_00: And so to me,
- 30:03quitting my job and taking the first step to work on my own
- 30:09didn't feel that
- 30:10SPEAKER_00: radical,
- 30:10SPEAKER_00: actually.
- 30:11SPEAKER_00: It felt like a continuation of like,
- 30:13SPEAKER_00: okay,
- 30:14SPEAKER_00: I've tested all the boundaries in the full-time world.
- 30:17I need to take one more step and just see what's out here
- 30:21beyond full-time employment.
- 30:24And so it was really more shocking for other people in my life
- 30:28than me because for
- 30:30SPEAKER_00: most people,
- 30:31SPEAKER_00: they see like full-time employment is safe and self-employment,
- 30:35SPEAKER_00: freelancing,
- 30:36SPEAKER_00: working on your own,
- 30:37SPEAKER_00: doing creative things like I'm doing now is risky.
- 30:42SPEAKER_00: But to me,
- 30:43SPEAKER_00: almost immediately,
- 30:44SPEAKER_00: it was like,
- 30:44SPEAKER_00: oh,
- 30:45this is the least risky thing I could do because now I have
- 30:48control over my life.
- 30:50The risky thing would be to go back into the corporate world
- 30:54where I'm doing things
- 30:55SPEAKER_00: I don't want to do and I have to deal with all this latent tension,
- 30:59SPEAKER_00: disconnect with who I want to be,
- 31:01SPEAKER_00: and this growing cynicism that leads me to drink,
- 31:06SPEAKER_00: be like...
- 31:07SPEAKER_00: be negative, complain a lot.
- 31:09SPEAKER_00: I didn't want to be that person.
- 31:12And so it was just so easy to walk away from that because I was
- 31:18becoming a person I
- 31:19SPEAKER_00: couldn't live with.
- 31:21SPEAKER_01: Yeah.
- 31:22SPEAKER_01: Yeah.
- 31:23SPEAKER_01: I mean,
- 31:23SPEAKER_01: I identify,
- 31:24SPEAKER_01: like,
- 31:25I feel the unhealthiest and the most miserable I've ever been
- 31:29was when I worked a
- 31:32SPEAKER_01: nine-to-five job.
- 31:33And,
- 31:34like,
- 31:34now,
- 31:36you know,
- 31:39I made more money than now,
- 31:41but on the expense of what...
- 31:43Same.
- 31:44SPEAKER_01: On the expense of what at the end of the day.
- 31:47SPEAKER_01: Okay.
- 31:48SPEAKER_01: So...
- 31:50SPEAKER_01: How did you manage to amass such a big audience?
- 31:55Like you have,
- 31:56what,
- 31:5725,000 followers on Substack,
- 31:59if I'm not,
- 32:01or across all platforms?
- 32:02SPEAKER_01: Like how many followers do you have on Substack?
- 32:06SPEAKER_01: I can check here.
- 32:07SPEAKER_01: Yeah, 25,000 subscribers.
- 32:11SPEAKER_01: I'm checking here on my iPad.
- 32:13SPEAKER_01: How did you manage to get all these people to follow you?
- 32:17SPEAKER_01: If someone wants to have this amount of audience, what was your magic?
- 32:26SPEAKER_00: I wrote most weeks starting in 2017.
- 32:30SPEAKER_00: published hundreds of issues,
- 32:32SPEAKER_00: genuinely connected with people and didn't care about audience growth.
- 32:38SPEAKER_01: What did you publish?
- 32:39SPEAKER_01: What did you publish?
- 32:41SPEAKER_00: I started on Substack in 2019.
- 32:43SPEAKER_00: But before that, I was on MailChimp for like two years.
- 32:48SPEAKER_00: And then I also published on Medium.
- 32:51SPEAKER_00: I was also writing on Quora.
- 32:52SPEAKER_00: I was also publishing on LinkedIn.
- 32:55SPEAKER_00: And so, yeah, I think my path is really just about the long game.
- 32:59SPEAKER_00: I've never been good at like growth hacks.
- 33:01SPEAKER_00: I think if I was more strategic, I could have a much bigger audience.
- 33:07a lot of people like join the creator economy and built like
- 33:10massive email lists in
- 33:12SPEAKER_00: the past like three,
- 33:13SPEAKER_00: four years.
- 33:14And they've been much more like aggressive and strategic,
- 33:17um,
- 33:18mostly like hustle bros.
- 33:21SPEAKER_00: Um, but yeah, I just like never, um, have spent too much time on that.
- 33:28SPEAKER_00: I think like a lot of people recommend me on sub stack.
- 33:32SPEAKER_00: I don't know how high quality the audience is.
- 33:35SPEAKER_00: Um,
- 33:37My growth has been pretty stagnant over the last year because I
- 33:42think people are
- 33:43SPEAKER_00: just subscribed to too many Substacks.
- 33:46SPEAKER_00: So I don't even know if I'm going to stay on Substack.
- 33:50I think the platform's become a bit distracting and I don't
- 33:54really monetize through
- 33:56SPEAKER_00: a paid subscription.
- 33:57SPEAKER_00: So...
- 33:59SPEAKER_00: Yeah, I don't know.
- 34:01I think focusing on subscriber growth on Substack is a really
- 34:08bad north star for anyone.
- 34:14SPEAKER_00: My subscribers increased most dramatically after I published my book.
- 34:19SPEAKER_03: Okay, okay.
- 34:20SPEAKER_00: And so people found my newsletter because they found my book.
- 34:24SPEAKER_00: So the path to growing subscribers, if there is one, is to do great work.
- 34:30SPEAKER_00: And so if your great work is doing a weekly paid newsletter,
- 34:34SPEAKER_00: like go all in and go hard on that.
- 34:36SPEAKER_00: But if it's not,
- 34:37go do your great work and try to get subscribers to support
- 34:44your free publication,
- 34:45SPEAKER_00: which ultimately supports your paid work or something like that.
- 34:50SPEAKER_01: So why don't you have paid subscription?
- 34:52I mean,
- 34:52you can easily make...
- 34:53I don't want to be a weekly newsletter writer.
- 34:55SPEAKER_00: It's not a job I want.
- 34:58SPEAKER_01: How often do you publish?
- 35:00SPEAKER_00: most weeks.
- 35:03SPEAKER_01: And you do not want to be committed to a deadline.
- 35:05SPEAKER_01: That's why you did not want...
- 35:08I would think people would still support you even if you did
- 35:11not publish weekly.
- 35:12SPEAKER_01: I mean,
- 35:12SPEAKER_01: with the same cadence,
- 35:13I think you can still get paid subscription and you can make
- 35:17like a couple of
- 35:19SPEAKER_01: thousand dollars a month just doing the same thing you're doing.
- 35:23SPEAKER_01: I mean, what's the harm in that?
- 35:26SPEAKER_00: I don't know.
- 35:27SPEAKER_00: It doesn't feel right.
- 35:28SPEAKER_00: It's just not like what I want to do.
- 35:31I think having people come in and pay me,
- 35:36I feel pressure to deliver something to them.
- 35:42SPEAKER_00: I'd rather at the margin people say,
- 35:44SPEAKER_00: you know what,
- 35:44SPEAKER_00: I'm going to go buy his books and support his other work.
- 35:48SPEAKER_00: Maybe there are other things I can build.
- 35:50SPEAKER_00: And also, I think there are better ways to make money.
- 35:55SPEAKER_00: than a $5 subscription.
- 35:58I'd rather create some sort of course that's like $150 that
- 36:03people can buy and have
- 36:04SPEAKER_00: and go to create something like that.
- 36:08SPEAKER_00: I have my community people can join.
- 36:10SPEAKER_00: It's $150 one-time payment.
- 36:11SPEAKER_00: And with that, they can get $30 off my premium hardcover book.
- 36:19SPEAKER_00: But yeah, I just like one-time payments.
- 36:23SPEAKER_00: I didn't leave the paycheck world to create another paycheck for myself.
- 36:29SPEAKER_00: I don't like paychecks.
- 36:31SPEAKER_00: I don't like the responsibilities of employment.
- 36:34SPEAKER_00: I like to be able to do whatever I want all the time.
- 36:36I'm thinking about taking like four months off at the beginning
- 36:39of next year.
- 36:41SPEAKER_00: And yeah, like I don't have to like publish or write anything.
- 36:44SPEAKER_00: But I can because...
- 36:47SPEAKER_00: I mean,
- 36:48SPEAKER_00: since I started writing more publicly and consistently,
- 36:53SPEAKER_00: only thing I've ever held myself accountable to is write most tweaks.
- 36:57SPEAKER_00: But that's not hard because I love writing.
- 36:59And so the ideas are always coming and I just like ship when I
- 37:03feel like it.
- 37:05SPEAKER_01: Where do you have your community?
- 37:06SPEAKER_01: You said you have your own community.
- 37:08SPEAKER_01: Where do you have it?
- 37:10SPEAKER_00: It's on Circle.
- 37:13SPEAKER_00: So right now, it doesn't really make that much money.
- 37:17Really,
- 37:17it is because I basically break even and make a little more
- 37:24after paying for Circle.
- 37:26But it's mostly just because like so many people have read this
- 37:29book and they're
- 37:30SPEAKER_00: like,
- 37:30SPEAKER_00: how do I find the others?
- 37:32And so the cool thing that's happened is it's like this very
- 37:35small but very close
- 37:37community of like people around the world who are like meeting
- 37:40each other,
- 37:41SPEAKER_00: having meetups,
- 37:42SPEAKER_00: like connecting,
- 37:44SPEAKER_00: like doing projects together.
- 37:45SPEAKER_00: It's really cool.
- 37:47SPEAKER_00: I don't know what it will become.
- 37:48SPEAKER_00: I'm sort of like,
- 37:50I try to follow the energy rather than like create the things
- 37:54and create top-down
- 37:55SPEAKER_00: things.
- 37:56SPEAKER_01: What do you provide for the community?
- 37:58I usually do a monthly call and then a space they can connect
- 38:04and then a WhatsApp
- 38:06group where they can sort of like connect with people and do
- 38:09things like that.
- 38:10SPEAKER_00: And then I have access to like a couple of courses I've created.
- 38:14SPEAKER_00: I have a freelance course and like a reimagining work course,
- 38:19SPEAKER_00: some other tools I've created,
- 38:20SPEAKER_00: things like that.
- 38:23It's,
- 38:24yeah,
- 38:24it's not like something I could charge like a lot of money for
- 38:27every month.
- 38:29SPEAKER_00: But still trying to figure out like what it is.
- 38:32SPEAKER_01: Hmm.
- 38:34SPEAKER_01: So how is your day like, day to day?
- 38:36SPEAKER_01: I mean, if, you know, you, yeah.
- 38:40SPEAKER_02: I mean,
- 38:40SPEAKER_01: I'm constrained by like— Yeah,
- 38:42SPEAKER_01: if you can take me through your day while you are on this path,
- 38:47SPEAKER_01: this path,
- 38:48SPEAKER_01: how is your day structured?
- 38:50SPEAKER_00: Yeah, so right now,
- 38:53SPEAKER_00: I mean, a lot of it for the last couple of years.
- 38:56I have not worked a ton until this year for the last two years
- 39:00because I was mostly
- 39:01SPEAKER_00: taking care of my daughter.
- 39:02SPEAKER_00: All of last year,
- 39:04I was like the lead parent taking care of my daughter three to
- 39:07four days a week.
- 39:08SPEAKER_00: And my wife was writing her book because we have decided as a family,
- 39:12SPEAKER_00: we're going to put the creative work above like everything else.
- 39:15And like I was making enough money from my book that I could
- 39:18sort of just like work
- 39:19SPEAKER_00: less and not worry about it.
- 39:21SPEAKER_00: And so...
- 39:23I was hanging out with my daughter most days doing stuff like a
- 39:26one or two year old likes.
- 39:28SPEAKER_00: Now we're in Asia, my wife's parents are helping a bit.
- 39:33And so today I woke up,
- 39:35hung out with my daughter for two hours until this call.
- 39:40SPEAKER_00: They're at the park now.
- 39:41SPEAKER_00: And I don't know what I'm gonna do after this.
- 39:45SPEAKER_00: Like I don't, every day is like different.
- 39:49SPEAKER_00: I sort of just like make it up as I go.
- 39:53SPEAKER_00: Yeah, if anyone's in Taipei, happy to meet up for lunch.
- 39:56SPEAKER_00: But I don't have any plan.
- 39:58SPEAKER_00: I actually haven't really thought about what I'm going to do after this.
- 40:04SPEAKER_00: So yeah, it's very go with the flow.
- 40:06SPEAKER_00: If you search day in the life,
- 40:08SPEAKER_00: Paul Millard,
- 40:08SPEAKER_00: it gives you a breakdown of a week in the life,
- 40:11SPEAKER_00: or a week in the life,
- 40:12SPEAKER_00: Paul Millard.
- 40:12SPEAKER_00: You'll find a post I did last year.
- 40:15SPEAKER_00: I should do another one of these.
- 40:16SPEAKER_00: But yeah,
- 40:17it's sort of just like wake up and if there is like a podcast
- 40:21or call I'm doing,
- 40:22SPEAKER_00: that's on the schedule.
- 40:23SPEAKER_00: But otherwise, like I sort of just flow with what feels right.
- 40:27SPEAKER_00: But I love writing, so writing happens most days, but...
- 40:32SPEAKER_00: I don't know.
- 40:32SPEAKER_00: There's no, like, constraints.
- 40:35SPEAKER_00: But that's how I've designed it.
- 40:39SPEAKER_01: Do you get criticized by,
- 40:41SPEAKER_01: like,
- 40:42SPEAKER_01: close family or,
- 40:44SPEAKER_01: you know,
- 40:44SPEAKER_01: some people like,
- 40:45SPEAKER_01: what are you doing,
- 40:46SPEAKER_01: you know?
- 40:47SPEAKER_01: Of course.
- 40:47SPEAKER_01: And how do you handle that?
- 40:52SPEAKER_00: I think family are the people that know you best.
- 40:57SPEAKER_00: I think you're going to get, like,
- 41:00SPEAKER_00: Yeah, I have cousins and family that make fun of me.
- 41:04SPEAKER_00: Like, what are you doing?
- 41:07SPEAKER_00: Ultimately, they're supportive of me.
- 41:08SPEAKER_00: But I think that stuff was really hard the first year.
- 41:12SPEAKER_00: But not now.
- 41:14SPEAKER_00: I think for the most part,
- 41:16other people are insecure about their own paths or lack of
- 41:22freedom or being
- 41:23SPEAKER_00: dissatisfied with things or have fears around money that I don't have.
- 41:29SPEAKER_00: And so they project those onto you.
- 41:32SPEAKER_00: Well, you can do this because of this.
- 41:34SPEAKER_00: Or, oh, don't you worry about this?
- 41:36SPEAKER_00: Don't you worry about that?
- 41:37SPEAKER_00: Don't you have to think about this?
- 41:39And all they're really telling you is like,
- 41:41hey,
- 41:41here are things I really worry about.
- 41:44SPEAKER_00: And so I don't really get upset or stressed about it anymore.
- 41:51And I genuinely have a lot of compassion for what people are
- 41:54telling me because
- 41:56SPEAKER_00: they're telling me what their biggest fears are.
- 42:01SPEAKER_00: And like what people's biggest fears are like pretty simple.
- 42:06It's like,
- 42:07it's usually not the money or the health or it's like,
- 42:11will people still love me?
- 42:14SPEAKER_00: Will people still accept me?
- 42:17SPEAKER_00: Will people think I'm a good person?
- 42:21SPEAKER_00: And like, that's a lot of what we're doing in the world.
- 42:24SPEAKER_00: We're seeking those things from what we do.
- 42:29SPEAKER_00: But yeah,
- 42:30I just don't stress that much about those or what people think
- 42:34about me at this
- 42:35SPEAKER_00: point.
- 42:37SPEAKER_00: My wife and my daughter, I care about what they think.
- 42:40But beyond that,
- 42:42I'm not spending too much time worrying about what most other
- 42:46people think.
- 42:48SPEAKER_01: So you said you don't worry about money?
- 42:52SPEAKER_00: I worry about money much less than other people, it seems.
- 42:58SPEAKER_00: And I think the reason I'm able to worry less is one,
- 43:03SPEAKER_00: I've figured out how to make money on my own.
- 43:05So I have confidence I can continue to make money in
- 43:07interesting ways on my own.
- 43:09SPEAKER_00: Two,
- 43:10by becoming self-employed and seeing my bank account dip in
- 43:13that first year,
- 43:14SPEAKER_00: it was terrifying.
- 43:16SPEAKER_00: But I realized that there's two choices.
- 43:19SPEAKER_00: One is to make decisions from my fear and say,
- 43:22I'm going to go get a job to make that fear disappear and avoid
- 43:25the feeling.
- 43:26SPEAKER_00: Or just say,
- 43:27I'm actually just going to let the fear flow through my body
- 43:30and really feel what
- 43:32SPEAKER_00: it feels like.
- 43:34SPEAKER_00: And then once you've done that enough times,
- 43:36SPEAKER_00: it becomes like this friendly companion on your path.
- 43:39And you can just say like,
- 43:40I'm going to dance with the fear and like keep going.
- 43:43SPEAKER_00: And then practically like I'm somebody that was extremely frugal,
- 43:49extremely scared to spend money and very aggressive saving when
- 43:54I was young.
- 43:56SPEAKER_00: And so I've learned to trust that part of me.
- 44:02SPEAKER_00: Too many people have that lesson.
- 44:06SPEAKER_00: They learned growing up about saving, don't spending.
- 44:09SPEAKER_00: You need to be safe.
- 44:12They don't learn to trust that person and then move on to the
- 44:15next phase of their life.
- 44:17SPEAKER_00: So in the first five years of working on my own,
- 44:20SPEAKER_00: I was making like 30 grand some years,
- 44:23SPEAKER_00: but I broke even and I cut my spending down.
- 44:26And so I realized I have this sort of natural limiter in myself
- 44:31that is very
- 44:32SPEAKER_00: frugal,
- 44:32SPEAKER_00: very prudent with money.
- 44:34SPEAKER_00: And so if I'm making less,
- 44:36I'll probably aggressively cut spending and make sure I have
- 44:40the things in order.
- 44:42SPEAKER_00: I also practically do a quarterly check-in
- 44:46SPEAKER_00: I just run the numbers.
- 44:48SPEAKER_00: Like I track how much I spend.
- 44:49SPEAKER_00: I track how much I'm making.
- 44:52And as long as I'm like breaking even or even just like losing
- 44:55a little money each
- 44:56SPEAKER_00: month,
- 44:58SPEAKER_00: I sort of can see,
- 44:59SPEAKER_00: okay,
- 44:59SPEAKER_00: I still have this runway.
- 45:02SPEAKER_00: Right?
- 45:03If I have 50 grand in savings and I'm making five grand a month
- 45:12and I'm spending
- 45:13SPEAKER_00: seven grand a month,
- 45:15SPEAKER_00: that's two grand a month that I'm burning, right?
- 45:18SPEAKER_00: And if I had 50 grand in savings,
- 45:23SPEAKER_00: if I have confidence that I can keep going at that rate,
- 45:26SPEAKER_00: that means I have 25 months until my cash savings hits zero.
- 45:31SPEAKER_03: Yeah.
- 45:32SPEAKER_00: And so if I look at that in the screen, even if I'm losing money,
- 45:38SPEAKER_00: I'm going to say like, screw it.
- 45:40SPEAKER_00: Let's keep going.
- 45:41Like at the end of my life,
- 45:43I'm not going to wish that I spent more time pursuing safety.
- 45:47SPEAKER_00: I'm going to wish I spent more time pursuing my dreams,
- 45:51going after my bold creative dreams and like doing work I
- 45:55actually care about.
- 45:56SPEAKER_00: And so as long as there is like some buffer and runway,
- 46:00SPEAKER_00: like I'm just going to keep going on this path.
- 46:04SPEAKER_01: Hmm.
- 46:05SPEAKER_01: So you have more of like a spiritual approach.
- 46:09SPEAKER_00: Yeah, it's very, very Taoist and spiritual.
- 46:12SPEAKER_01: How did you become this way?
- 46:15Like coming from your background,
- 46:17like MIT and Mackenzie,
- 46:19like you're anything but spiritual.
- 46:22SPEAKER_00: You're projecting traits onto me.
- 46:26SPEAKER_02: Correct.
- 46:26SPEAKER_00: From those backgrounds.
- 46:27SPEAKER_02: Yeah, that's true.
- 46:29I told you before,
- 46:30I've always been this experimental weirdo pushing the
- 46:33boundaries.
- 46:34SPEAKER_00: Freshman year of college,
- 46:36SPEAKER_00: my first chemistry class,
- 46:39SPEAKER_00: I realized that they just put the lectures online before class,
- 46:47SPEAKER_00: and then the professor just reads the lectures.
- 46:50SPEAKER_00: And so me and my friend were like,
- 46:53SPEAKER_00: let's just not go to class and see what we can get for grades.
- 46:58SPEAKER_00: And so I didn't go to class all semester.
- 47:00SPEAKER_00: I only went to the exam and the final exam.
- 47:03SPEAKER_00: And so by not going to class, I like paid attention less.
- 47:06SPEAKER_00: And so...
- 47:07SPEAKER_00: So I ended up getting like a B+.
- 47:10SPEAKER_00: And so I was like, that's pretty cool.
- 47:13I saved an entire semester of going to class,
- 47:16and I still did like okay in class.
- 47:20SPEAKER_00: And so I wasn't judging myself, but like I need to get perfect.
- 47:25SPEAKER_00: And so I've always been playing with these boundaries and saying like,
- 47:28SPEAKER_00: what if I do a little less?
- 47:30SPEAKER_00: And so that same attitude I take to this path, which is like,
- 47:37okay,
- 47:39with book promotion,
- 47:41the idea is you should do as much as possible to promote your
- 47:45book.
- 47:46SPEAKER_00: And the question is, well, what if I just don't do anything at all?
- 47:53SPEAKER_00: And so I love playing with those boundaries.
- 47:56The thing is,
- 47:58when you lean into this mode of life,
- 48:00people are kind of entertained too.
- 48:04SPEAKER_00: And they're kind of curious about what you're doing.
- 48:07But I'm able to do it because like the way I approach my
- 48:11writing is like I write
- 48:14SPEAKER_00: about this and I approach my writing in that way.
- 48:17SPEAKER_00: And I genuinely approach my marketing and my book in this way.
- 48:20SPEAKER_00: And I approach my life like this.
- 48:22SPEAKER_00: It's all like connected.
- 48:24SPEAKER_00: Like you can't fake a certain stance toward life.
- 48:29SPEAKER_02: Yeah.
- 48:29SPEAKER_00: Right.
- 48:29SPEAKER_00: And so if the hidden secret of the pathless path,
- 48:33and I think this is why people end up reading it like three or
- 48:36four times.
- 48:37SPEAKER_00: Like my readers are nuts.
- 48:38They're like,
- 48:40I think they're trying to soak up the energy that I transmitted
- 48:44into the book.
- 48:46SPEAKER_00: I took a very spiritual like Taoist stance toward writing the book.
- 48:51SPEAKER_00: I didn't follow any playbooks.
- 48:53SPEAKER_00: I didn't follow any best practices.
- 48:55SPEAKER_00: I just asked myself, like, what feels right to do?
- 48:59SPEAKER_00: What feels right in terms of structuring this book?
- 49:01SPEAKER_00: What way of ordering words,
- 49:03SPEAKER_00: sentences,
- 49:04SPEAKER_00: paragraphs,
- 49:05SPEAKER_00: the flow of the book feels delightful and interesting and fun to me?
- 49:10SPEAKER_00: And then I just published that.
- 49:12A month before I finished the book,
- 49:15my editor was like,
- 49:16I don't think it's ready to publish.
- 49:18SPEAKER_00: I think...
- 49:19SPEAKER_00: this has potential to be a really great popular nonfiction book.
- 49:25SPEAKER_00: But she said,
- 49:26I think you need to follow the format of what other popular
- 49:30nonfiction books are
- 49:31SPEAKER_00: doing,
- 49:31SPEAKER_00: like books like Deep Work and things like this.
- 49:34SPEAKER_00: Add structured takeaways at the end,
- 49:36SPEAKER_00: tell people how to implement this,
- 49:38spend more time telling people how to embrace the pathless path
- 49:42in their life,
- 49:43SPEAKER_00: give them activities to do.
- 49:44SPEAKER_00: I was just like, no.
- 49:48SPEAKER_00: I don't want to do that.
- 49:51SPEAKER_00: Because if that book succeeded, I wouldn't be excited about it.
- 49:55SPEAKER_00: I wouldn't want to promote it.
- 49:57SPEAKER_00: And so, yeah, everything is about doing what feels right.
- 50:02SPEAKER_00: But the thing is, my book sales are declining now.
- 50:05SPEAKER_00: I probably could have sold more books if I sold it to Penguin.
- 50:09I might be making more money if I sold it to them because I'd
- 50:12have all these
- 50:13SPEAKER_00: speaking gigs coming in and I might be more of a sustainable author.
- 50:17SPEAKER_00: But that's not the life I want to live.
- 50:22And so I'm willing to just take on a lot more risk than most
- 50:26people because I'm
- 50:27SPEAKER_00: actually living the life I want to live.
- 50:30My days,
- 50:3098% of my days have been on my terms and absolutely delightful
- 50:35from the beginning.
- 50:37SPEAKER_00: I'm not aiming at a future potential life.
- 50:42SPEAKER_00: I'm living the life I want right now.
- 50:43SPEAKER_00: Hmm.
- 50:47SPEAKER_01: I love that.
- 50:52And how many people do you know who are doing the same thing
- 50:55you're doing?
- 50:57SPEAKER_00: I mean, it's like all the people I know now.
- 51:02SPEAKER_00: It's like I don't have any normal friends anymore.
- 51:07SPEAKER_00: I mean,
- 51:07SPEAKER_00: I have many friends that are like happy in jobs,
- 51:11SPEAKER_00: but even among those people,
- 51:13SPEAKER_00: like I'm usually closest to the people that are like,
- 51:17I'm doing this on my terms or like I'm only doing the work I
- 51:21care about at my job.
- 51:23SPEAKER_00: And I just think it's much more possible than people think.
- 51:27Most of it is about deprogramming yourselves from the scripts
- 51:30of what you should do
- 51:32and then just showing up to life with the full force of like
- 51:35your life force and
- 51:36SPEAKER_00: saying this is who I am,
- 51:37SPEAKER_00: this is how I'm going to operate.
- 51:41Is there anyone who inspires you or like a book that inspired
- 51:44you or someone that
- 51:47SPEAKER_01: kind of… Oh,
- 51:47SPEAKER_00: yeah.
- 51:48SPEAKER_00: I mean, there's so many inspirations.
- 51:51SPEAKER_00: I think…
- 51:53SPEAKER_00: I'm just like an avid reader.
- 51:55I think writing is fun for me because I'm just inspired by so
- 51:59many books and so
- 52:00SPEAKER_00: many writers and so many creative type people.
- 52:04SPEAKER_00: I think like David White's books have been transformational.
- 52:09SPEAKER_00: They've given me a new language for...
- 52:15SPEAKER_00: Communicating.
- 52:18SPEAKER_00: What's his name?
- 52:18SPEAKER_00: David Dwight?
- 52:20SPEAKER_00: Yeah, David Dwight.
- 52:21SPEAKER_00: Crossing the Unknown Sea.
- 52:23SPEAKER_00: Like, actually not his poetry books.
- 52:26SPEAKER_00: More his prose books.
- 52:27SPEAKER_00: Like, reading the three marriages just, like, rocked my world.
- 52:34SPEAKER_00: And, yeah, it...
- 52:38SPEAKER_00: That book,
- 52:38SPEAKER_00: I mean,
- 52:39Tuesdays with Maury is like so inspiring for me because of the
- 52:43life Mitch album led
- 52:45SPEAKER_00: after he wrote that book.
- 52:47SPEAKER_00: He talks about Maury's story,
- 52:49SPEAKER_00: which is powerful,
- 52:50but Mitch then transformed his life and went on to adopt
- 52:54children from orphanages,
- 52:57SPEAKER_00: invest time in Haiti,
- 52:58SPEAKER_00: turned his life around,
- 53:00SPEAKER_00: really focused on the things that mattered.
- 53:02SPEAKER_00: That book continues to resonate with people,
- 53:05and I've reread it three or four times because of the life he
- 53:09lived and what he
- 53:10SPEAKER_00: injected into it.
- 53:13And the great thing about Tuesdays with Maury is like the
- 53:15publisher didn't want to
- 53:16SPEAKER_00: publish it because it was too short.
- 53:20SPEAKER_00: It's not the right format.
- 53:21SPEAKER_00: They needed to add more structure.
- 53:23SPEAKER_00: It needed to be longer.
- 53:26But it worked because it was true and real and it genuinely
- 53:30transmitted something that mattered.
- 53:32SPEAKER_00: But yeah, I mean, I could go on.
- 53:34SPEAKER_00: If you go to pathlesspath.com slash Rex,
- 53:38SPEAKER_00: R-E-C-S,
- 53:40you'll find like 21 books that have really inspired me and I
- 53:44think are great for
- 53:45SPEAKER_00: people on unconventional paths.
- 53:48SPEAKER_01: Well,
- 53:49SPEAKER_01: you know,
- 53:49SPEAKER_01: we've been chatting for an hour now,
- 53:52SPEAKER_01: and I just want to ask you about your future plans.
- 53:55SPEAKER_01: Are you planning to write more books?
- 53:58SPEAKER_01: What do you have in mind?
- 53:59So in addition to publishing your newsletter,
- 54:02what is your plan in terms of your creative work?
- 54:08SPEAKER_00: I'm just dropping that link in there.
- 54:10SPEAKER_00: Yeah, I'm just going to keep going until I run out of money.
- 54:14SPEAKER_00: For the past two years, we've really been focusing on my White's book.
- 54:19SPEAKER_00: It's pretty incredible.
- 54:21SPEAKER_00: We're pretty much done with it now.
- 54:24SPEAKER_00: It's so good.
- 54:24SPEAKER_00: It's going to be so great.
- 54:26SPEAKER_00: What is it about?
- 54:28SPEAKER_00: It's about Asian identity.
- 54:30SPEAKER_00: It's about emigrating to the U.S.
- 54:32SPEAKER_00: as an adult.
- 54:33It's about the challenges of like shifting between different
- 54:37social classes and
- 54:39SPEAKER_00: trying to work in different worlds,
- 54:41SPEAKER_00: finding her work path,
- 54:42SPEAKER_00: getting to know herself and like becoming a mother.
- 54:46And so like it's very much like packed with like all the most
- 54:52common themes of like
- 54:54SPEAKER_00: being a woman in today's world.
- 54:58SPEAKER_00: Yeah,
- 54:58SPEAKER_00: I think it's definitely going to resonate with like Asian Americans,
- 55:02SPEAKER_00: people who've lived in different countries and people struggling to find
- 55:08SPEAKER_00: themselves.
- 55:09But yeah,
- 55:09I've been like the lead editor and like her informal book coach
- 55:13on that.
- 55:13SPEAKER_00: And it's been a really fun project to work with her.
- 55:16SPEAKER_00: I'm so excited about that.
- 55:18SPEAKER_00: It's publishing in Chinese first.
- 55:20SPEAKER_00: I'm then going to translate.
- 55:21SPEAKER_00: with her into English and publish it sometime in 2026.
- 55:25SPEAKER_00: I have like three book drafts I've started.
- 55:30SPEAKER_00: I just keep starting book drafts.
- 55:33SPEAKER_00: That's like my law.
- 55:35SPEAKER_00: I need to figure out how to ship something this upcoming year.
- 55:39SPEAKER_00: But this upcoming year,
- 55:40we're also going to be participating in something called the
- 55:44Traveling Village,
- 55:45where we're going to be traveling to three different countries
- 55:47in Asia with 20
- 55:48SPEAKER_00: families.
- 55:49SPEAKER_00: So I'll probably write about that a little.
- 55:51SPEAKER_00: Yeah,
- 55:54SPEAKER_00: I'm very much like...
- 55:55SPEAKER_00: I feel like for the last two and a half years after becoming a parent,
- 55:59SPEAKER_00: I haven't really found a groove at all in my creative work.
- 56:03SPEAKER_00: It's been hard.
- 56:04SPEAKER_00: Yeah, I don't know...
- 56:07SPEAKER_00: I'm going to make it all work in the next few years,
- 56:10SPEAKER_00: but I'm excited to find out what I come up with.
- 56:16SPEAKER_01: Well, this has been wonderful and I have to say unconventional.
- 56:21And I like that because it was completely different from other
- 56:25conversations we had
- 56:27because there was like a lot of chat about growth and hacks and
- 56:31income and
- 56:31SPEAKER_01: different income streams.
- 56:33SPEAKER_00: Don't follow me for growth hacks.
- 56:35SPEAKER_00: I have no idea.
- 56:36SPEAKER_00: Like, here's the thing about me.
- 56:39SPEAKER_00: I walk around and I'm thinking about like sentences or ideas.
- 56:44SPEAKER_00: And I'm just like, man, that's such a cool idea.
- 56:46SPEAKER_00: How could I like reframe that idea?
- 56:48SPEAKER_00: Or like, oh, I'm writing this thing.
- 56:50SPEAKER_00: I'm trying to figure out how to say this.
- 56:51SPEAKER_00: How do I piece together these sentences?
- 56:55There are like tons of hustle bros online you can follow for
- 56:58like growth hacks and
- 57:00SPEAKER_00: how to make money and get rich online.
- 57:02SPEAKER_00: I'm probably the worst person to follow for that.
- 57:05SPEAKER_00: I share everything I do.
- 57:07Everything I have done for my book,
- 57:10I've shared in my post about marketing.
- 57:12SPEAKER_00: If you just go to pathlesspath.com slash marketing,
- 57:16SPEAKER_00: everything I've done,
- 57:17SPEAKER_00: all the money I've made,
- 57:18SPEAKER_00: every single detail of how I've approached it is there.
- 57:21SPEAKER_00: But you probably can't repeat it because I don't even know how it works.
- 57:27There are people that are much better at doing the traditional
- 57:31playbooks and stuff.
- 57:33SPEAKER_00: I realize about me, I'm not wired for the playbooks.
- 57:37SPEAKER_00: When I try to go do book launch strategy,
- 57:42I lose energy,
- 57:43things don't work,
- 57:44people ignore me,
- 57:47nothing goes to plan.
- 57:48SPEAKER_00: But when I'm like connected to myself,
- 57:51SPEAKER_00: I'm having fun,
- 57:52SPEAKER_00: I'm like trying stuff,
- 57:53SPEAKER_00: like things like magically start working.
- 57:56And so I think you really have to get to know what are the kind
- 58:00of person you are
- 58:02SPEAKER_00: in this creative world,
- 58:04SPEAKER_00: this creator economy.
- 58:06SPEAKER_00: And starting from there and then figuring out.
- 58:11SPEAKER_01: Before we conclude, I have one last question.
- 58:14SPEAKER_01: What is the future of work?
- 58:18SPEAKER_02: We need another hour.
- 58:24SPEAKER_01: No, do you think like we are all going to eventually become creators?
- 58:28SPEAKER_01: Like, do you think that's where we're headed?
- 58:30SPEAKER_00: I think we already are.
- 58:33SPEAKER_00: Like, I think most knowledge work is creative work.
- 58:39And so I think this idea of like the future of work,
- 58:42like if,
- 58:43see,
- 58:43this is another thing.
- 58:44SPEAKER_00: If I was smart, I would lean into the future of work topic.
- 58:48SPEAKER_00: I would talk to like how corporations can embrace the future of work.
- 58:52SPEAKER_00: I would morph myself into a Simon Sinek,
- 58:54SPEAKER_00: Adam Grant person,
- 58:55SPEAKER_00: and I would be making a lot more money.
- 58:59SPEAKER_00: The truth is I don't know what the future of work looks like.
- 59:02I think the most interesting take I have on this is that I
- 59:06think it's mostly cope.
- 59:07SPEAKER_00: Like we should stop talking about the future of work.
- 59:10SPEAKER_00: For most people,
- 59:12their work scripts haven't even matched the reality of the
- 59:15reality of the now of
- 59:17SPEAKER_00: work that we're living in now.
- 59:19SPEAKER_00: The now of work is radically different than it was 30 years ago.
- 59:24SPEAKER_00: But we still pretend like this future of work is going to save us.
- 59:28SPEAKER_00: The fact is like most people are using AI in their day jobs.
- 59:32SPEAKER_00: Most people have way more flexibility than they did before.
- 59:35SPEAKER_00: They can work remotely and they can work online.
- 59:37SPEAKER_00: They're connecting with people.
- 59:39SPEAKER_00: Most people are forced and nudged
- 59:43SPEAKER_00: to be much more creative.
- 59:46SPEAKER_00: Most knowledge work is creative work.
- 59:48And so I think updating to how are you actually doing those
- 59:52things in today's
- 59:53SPEAKER_00: world,
- 59:55SPEAKER_00: what is the formula and the story you're telling yourself about work,
- 59:59SPEAKER_00: update those to match the current reality.
- 1:00:02And that's where you can actually create a more interesting
- 1:00:06future of work for yourself.
- 1:00:08SPEAKER_00: But like the future of work,
- 1:00:10the whole conversation is mostly just like nonsense projection
- 1:00:13about like scary
- 1:00:14SPEAKER_00: things to get clicks.
- 1:00:16SPEAKER_00: It's like, oh, AI is going to take our jobs.
- 1:00:18SPEAKER_00: The fact is we have no idea if AI is going to take our jobs.
- 1:00:21The reality is it probably won't in the short term because
- 1:00:24we're obsessed with jobs
- 1:00:25SPEAKER_00: and paychecks.
- 1:00:26SPEAKER_00: We love them.
- 1:00:27SPEAKER_00: Humans love nothing more than the stable paycheck.
- 1:00:31SPEAKER_00: We're like crack addicts to a stable paycheck.
- 1:00:35SPEAKER_00: And so we're going to keep just creating jobs in the near term.
- 1:00:40SPEAKER_00: In the long term,
- 1:00:41SPEAKER_00: at the margin,
- 1:00:42SPEAKER_00: maybe transaction costs do fall and a new kind of economy emerges.
- 1:00:46SPEAKER_00: But I think it's going to take a long term.
- 1:00:48SPEAKER_00: But I don't know what the future looks like.
- 1:00:50SPEAKER_00: I'm just trying to figure out what I'm going to do today and tomorrow.
- 1:00:56SPEAKER_01: That's good.
- 1:00:57SPEAKER_01: The power of now.
- 1:00:59SPEAKER_01: Well, Paul, thank you very much.
- 1:01:01SPEAKER_01: This has been really wonderful.
- 1:01:04SPEAKER_01: And, you know, it just gives me a lot of ideas to think.
- 1:01:08SPEAKER_01: And for anyone who wants to get in touch with you,
- 1:01:11SPEAKER_01: they can just go to your website,
- 1:01:13SPEAKER_01: pathlesspass.com or your sub stack,
- 1:01:15SPEAKER_01: correct?
- 1:01:16SPEAKER_01: Where do you prefer people to reach out to you?
- 1:01:21SPEAKER_00: I mean, I'm not hard to find.
- 1:01:22SPEAKER_00: Just Google Paul Millard.
- 1:01:23SPEAKER_00: I'm the only one with an internet presence,
- 1:01:26SPEAKER_00: and I pretty much respond to any thoughtful message or email.
- 1:01:30SPEAKER_00: So I'm not hard to engage with.
- 1:01:32SPEAKER_00: Yeah, I'm not one of those people that puts up paywalls to access me.
- 1:01:39SPEAKER_00: As long as you're willing to communicate in text,
- 1:01:41SPEAKER_00: I'll connect with people and answer any questions.
- 1:01:44I can't really do video calls with people or do those things
- 1:01:48because my daughter gets that time.
- 1:01:51But if you want to send me questions and urge me to write you
- 1:01:54back,
- 1:01:54I love writing.
- 1:01:55SPEAKER_00: So very easy for me.
- 1:01:57SPEAKER_01: Okay, great.
- 1:01:58SPEAKER_01: So thank you for your time.
- 1:02:00SPEAKER_01: And I wish you the best of luck.
- 1:02:02SPEAKER_01: And for anyone who joined us today, thank you again.
- 1:02:05SPEAKER_01: And I will see you on Substack.
- 1:02:10SPEAKER_00: Sounds good.
- 1:02:10SPEAKER_00: Thank you for this.
- 1:02:11SPEAKER_00: Very fun.
- 1:02:11SPEAKER_00: Thank you, Bob.
- 1:02:13SPEAKER_01: Appreciate it.
- 1:02:14SPEAKER_00: Thank you very much.
- 1:02:15SPEAKER_00: Thanks for all the questions.
- 1:02:16SPEAKER_01: Of course.
- 1:02:17SPEAKER_00: I don't know if we got to it.
- 1:02:18SPEAKER_00: Did we get any questions we didn't answer?
- 1:02:20SPEAKER_01: Yeah, I think we just got comments.
- 1:02:25SPEAKER_02: Nice.
- 1:02:26SPEAKER_02: Yeah, but we can just go back.
- 1:02:28SPEAKER_01: We're good.
- 1:02:29SPEAKER_01: All right.
- 1:02:30SPEAKER_01: Thank you very much, Paul.
- 1:02:32SPEAKER_01: Take care.
- 1:02:32SPEAKER_01: And it's 10.30 p.m.
- 1:02:34SPEAKER_01: here, so I will probably call it a day.
- 1:02:37SPEAKER_01: All right.
- 1:02:37SPEAKER_01: Take care, Paul.
- 1:02:39SPEAKER_01: Take care.
- 1:02:40SPEAKER_00: Bye-bye.
- 1:02:40SPEAKER_00: Bye.