Latest / Success Story with Scott Clary / Lessons - Why Learning Everything Is Killing Your Business | Pat Flynn - Smart Passive Income Founder
Transcript
- 0:00In this lessons episode, uncover how just-in-time information transforms
- 0:03productivity by shifting your focus from passive learning to purposeful action.
- 0:07Learn why fear often disguises itself as preparation, how time-blocking protects your focus,
- 0:12and why consistent effort beats perfect timing when building lasting success.
- 0:23This is the perfect example of just-in-time information. Like, you lived it. And that's
- 0:30it's such a powerful idea. I feel like-I feel like I haven't been the perfect
- 0:35proponent of this my entire career, my entire entrepreneurial journey, but I can tell you that when I-
- 0:40when I sort of have realized that everything I want is on the other side of action,
- 0:46I spend way less time learning and way more time doing. And I've actually even listened.
- 0:52There's nothing wrong with podcasts. I can never tell you not to listen to podcasts.
- 0:54I'd be shooting myself in the foot. But there's a point where you have to stop listening to
- 0:59podcasts and you have to start doing shit. Tim Ferriss is so good. I love that. If this were easy,
- 1:06what would it look like? Another thing that I think entrepreneurs get in their head about is-
- 1:12or the reason why they accumulate so much knowledge is because they're scared of taking action,
- 1:17or they're scared of a negative result. Tim Ferriss has another idea that actually fixes that
- 1:24it's fear-setting. It's understanding what's the worst possible outcome that could ever happen.
- 1:28And actually understanding is it likely that it's going to take place and more often than not
- 1:33the answer is no. Like you go to the extreme, right? I'm sure you know this concept, but it's like,
- 1:38okay, if the business doesn't work out and I can't afford rent, you know, the worst worst
- 1:43worst is I'm homeless, my wife leaves me, that's never going to happen. And then when you start to
- 1:49realize that the worst case scenario is never really going to happen, then it's a lot easier to take
- 1:53action, which is really what you have to do. We sort of spoken about how just in time information
- 1:59is very different from the way most of us were taught to learn. But if you were going to look back
- 2:06and see how you made the transition from just in case information to just in time information,
- 2:12if you're going to give the most useful idea, so somebody can start to shift the way that they
- 2:18think and the way that they learn and the way that they do, what would that idea be for somebody that
- 2:23is right now stuck in this knowledge hoarding mode of their life? And again, I mentioned before
- 2:29who listen to this show. It's people that are in businesses, are building their first business,
- 2:34or their executives, but a lot of executives that listen to this show, they would love to start
- 2:38their thing, but they're scared shitless to do it for a variety of reasons like we just discussed.
- 2:43So how do you switch your thinking? I think thinking about the why behind the draw to learn so much
- 2:50for everybody. It's different, but in general, it typically comes down to FOMO. We don't want to
- 2:55miss out on that next thing that everybody's talking about. And so we get drawn to it. And now we
- 3:00have squirrel syndrome and we're kind of running all over the place. We have this fear that if by
- 3:05saying no to that thing that's coming across our plate, even though we might not need it right now
- 3:09that we're going to miss out on something. And just we as humans, we don't want to miss out. We don't
- 3:12want to be left behind or or or not be a part of the crowd. It's just it's just human nature, whether
- 3:17you know you're doing it or not. So there was a strategy that was put into place a while back called
- 3:22JOMO that what there was even a book, I think called JOMO, which is joy of missing out, but I don't
- 3:27like that. Like that's just kidding ourselves. You don't feel joy because you're missing out on
- 3:31stuff. You're just kind of pretending. So I have a different strategy and that is the joy of
- 3:35opting out by you saying I see that there. I recognize it, but I'm going to say no, not yet.
- 3:43I'll get to that later because this thing I've already said yes to or this project that I'm
- 3:48working on is the thing that I'm focusing on right now. That is what's important to me. It almost
- 3:53reups the energy to the thing you've already said yes to. And one strategy is to get around that
- 3:57because you'll still have FOMO create your own digital shoebox for those things or maybe a
- 4:03natural shoebox, meaning if you come across something it's not relevant to what it is you're learning
- 4:07next, put it in a notion folder, put it in every note, put it in a notepad, whatever it might be.
- 4:13Now it's out of your brain, but you still know you could go back to it if you wanted to 98% of the
- 4:17time you will never ever ever go back to that thing. It's simply a strategy for you to finally move
- 4:23forward into that into that thing that you're doing. The second component of making progress is
- 4:30giving yourself time to do this. And there's a strategy in the book I call time blocking. You
- 4:34may have heard of time blocking before it's where you literally put a block of time in your calendar
- 4:38and you say what you're going to do there. And that's fine. But I want to use time blocking as
- 4:43like a shield. Like you're literally blocking out other things that could happen during that time.
- 4:50And doing everything in your power to within that time, just focus on that thing to get into that
- 4:56flow state where you're starting to challenge yourself a little bit more and get a little bit deeper
- 4:59into that thing because you are literally shielding everything else from around that time. And for
- 5:03different people that means different things that might mean asking your secretary or assistant
- 5:08to say like, Hey, for the next two hours, like no calls, like I have to be in here by myself
- 5:13for the next two hours to learn this thing. It might mean asking your spouse or people around the
- 5:18house to just kind of understand that during this time, you're going to be all in on the thing
- 5:22you're going all in. And however, you want to balance that with time that you're all in with
- 5:26your family as well. That's one important thing I've learned as a parent and a husband as an
- 5:31entrepreneur is like, I used to blur those lines between personal and business all the time. And
- 5:36it was not fair to either of those parts of my life. And so to compartmentalize and go all in
- 5:41on my family as much as I'm compartmentalizing and going all in on my business is really key. And
- 5:46just see those things on the calendar month by month. I can make sure that I'm balancing it as
- 5:49well as I can. One strategy I have for a lot of high performers that if they want to fit in
- 5:54something, but they're also so busy is similar to how when you receive a paycheck, you pay yourself
- 5:58first, right? You grow your nest egg. You pay yourself first before you pay anybody else or
- 6:02any bills. You take a little chunk out of that paycheck and put it into something that grows
- 6:05and grows and grows over time. You could do the same thing with your time on these separate projects
- 6:10or inspirations you have. So perhaps it might mean for a period of time waking up a little bit
- 6:15earlier. I did that when I was writing the book because I knew that I would not have any distractions
- 6:20before the kids got up. And I could just wake up for me before I wake up for somebody else or some
- 6:24other things and tasks that I have to do. And that's really important as well. I mean, I could go on
- 6:30and on and on. It's got about different strategies. I mean, there's the idea of giving yourself
- 6:34an allocated amount of time to have that focus on one specific thing, right? You might give yourself
- 6:39if you're going to experiment with going on YouTube and doing shorts or reels or TikToks and
- 6:45you're like, OK, I wanted to give this a shot. Instead of just going like, OK, I'm going to try
- 6:49it for a couple days and see what happens if nothing happens. And then I guess I'm not good.
- 6:52You need to give it a shot. So what I did recently, this was 300 days ago, about 300 days ago.
- 6:58I said, I'm going to experiment on YouTube shorts. I have a Pokemon YouTube channel that's
- 7:03at one and a half million subs. It's killing it, dude. I saw that. That's incredible. Thank you.
- 7:07It's a separate story. But I decided to start a shorts channel separate from that still Pokemon.
- 7:12I open a pack every day and it's either a good hit or a bad hit. And I just wanted to see if I could
- 7:17get some momentum on the algorithm there. I didn't link to it or mention it at all. And I said,
- 7:22I'm going to do this for 60 days. And if I get to the end of 60 days, I go daily for 60 days,
- 7:27then I've won. It doesn't matter what the results are. I've given it a shot. And I'm going to
- 7:32base my win and my happiness, my joy about this on the fact that I showed up every day for 60 days.
- 7:38And that's going to be the win. Not if I get a lot of use or not because you can't always control
- 7:42that, but you can control you showing up every day. And so what happened in the beginning,
- 7:48went live daily on TikTok. And I also repurposed it for shorts and reels. And it would take me like
- 7:5445 minutes, but I found the time I woke up a little bit earlier or stayed up a little bit later.
- 7:58Started to batch process some of them to do multiple of them in one time or in one sitting.
- 8:03And after 30 days, I only had about 200 or 300 views per video. And old me would have said,
- 8:09by then, man, it's been a month, like I'm not seeing any momentum here, like I'm a failure. I'm
- 8:14bad at this. But I was only halfway through the experiment. 60 days no matter what was going to
- 8:19be the win for me. But not only that, I did see improvement in my editing by putting the reps in.
- 8:26I went from 45 minutes per video to 10. And so even if I moved on to something else,
- 8:32I will have gained some skills and have acquired some ways to get better at other things that would
- 8:36have involved my business and other things that I have going on. Now day 35 comes around. One of
- 8:41those videos hits 750,000 views. And I'm like, oh my gosh, and all the videos start to surge up.
- 8:49And today that channel that was started just about 300 days ago that I didn't link to from any of
- 8:55my other properties has now just recently crossed cumulatively to billion views where at 1.6
- 9:04million subscribers, it is a five figure income on its own from ads and all those kinds of things.
- 9:11It's allowed for opportunities like the Detroit Lions football team invited me to come and open
- 9:17a pack on their field because they open a pack their social media guy opens a pack before
- 9:20every game for good luck. He reached out to me and we connected and I was able to fly out to
- 9:24Detroit and open a pack of Pokemon and get to know people who work for the Detroit Lions and build
- 9:29a relationship with them. And that's just one of many things and people that I've connected with
- 9:34just as a result of showing up getting the reps in knowing that it wasn't going to be forever because
- 9:39there was a stopping point. And that's important too. Like nothing else mattered during those 60 days
- 9:44other than the work I was already committed to. I wasn't allowing new projects to insert
- 9:48themselves. This was a this was like a Petri dish that I was able to focus on. And it worked.
- 9:53Thanks for tuning in. If you found this valuable don't forget to hit that subscribe button so
- 9:57you never miss an episode. And if you want to dive deeper into this conversation check out the
- 10:02links in the description to watch the full episode. See you in the next one.