Latest / Topeka Bible Church Audio Archive / February 13, 2019 | Men Of Success - Winter 2019: Right Away and All At Once - Session 5

Transcript

February 13, 2019 | Men Of Success - Winter 2019: Right Away and All At Once - Session 5 · Topeka Bible Church Audio Archive

• 0:00
  SPEAKER_00: Hey guys, how you doing?
• 0:03
  SPEAKER_00: Hey Les.
• 0:05
  SPEAKER_00: Steinloggy, can you hear me?
• 0:08
  SPEAKER_00: Alright, can everybody hear me?
• 0:09
  SPEAKER_00: How are you guys doing?
• 0:10
  SPEAKER_00: Listen, um, looks like we've run out of those sheets.
• 0:13
  SPEAKER_00: We put these, if you uh if you need one of these and you didn't get one, I put them up on the table.
• 0:18
  SPEAKER_00: What this is, is uh I copied off the key pages from from the first uh about 100 pages of the book.
• 0:26
  SPEAKER_00: I copied off maybe the 20.
• 0:28
  SPEAKER_00: And we're gonna go over this this morning.
• 0:31
  SPEAKER_00: In fact, we're gonna cover, we decided, Rodney and I, yesterday to to do this book this week and next week.
• 0:38
  SPEAKER_00: Incidentally, if you didn't know about this, like Jim Bowen there didn't know about this because he's not on the email list.
• 0:46
  SPEAKER_00: Uh sign my uh sign this email list and I'll add it and I'll let you know what's coming up this next week.
• 0:53
  SPEAKER_00: But this next week I can tell you right now, we're gonna finish this book.
• 0:57
  SPEAKER_00: This book, um you got you want to hold up your book there?
• 1:00
  SPEAKER_00: It's called Right Away and uh All at Once by Greg Brennerman.
• 1:06
  SPEAKER_00: Greg Brennerman is um Washburn grad, Harvard Business School, Chief Operating Officer of Continental Airlines.
• 1:15
  SPEAKER_00: He turned around Continental Airlines was number 499 out of 500 on the Fortune 500, had just lost$640 million the previous year, and they asked him to do a turnaround.
• 1:27
  SPEAKER_00: He was working at Bain in Dallas, which is a turnaround firm working with Mitt Romney and others.
• 1:35
  SPEAKER_00: So they hired him to try to do a turnaround, and he and some other guys used this five-point plan, which we're going to go over, and uh the very and he really believes in doing things right away and all at once, and they turned it around in such a way that it uh having lost$640 million the previous year, they made$760 million, and the stock jumped from$5 a share to$120.
• 2:00
  SPEAKER_00: And so Harvard Business Review asked him to write an article, and his career, of course, has taken off since then.
• 2:06
  SPEAKER_00: He turned Burger King around.
• 2:08
  SPEAKER_00: Burger King had been purchased by a uh, it was part of a package that had been purchased by some people in Europe and they didn't care about it, and so it was really going downhill.
• 2:19
  SPEAKER_00: Some of you will remember those years when when it was pretty bad.
• 2:24
  SPEAKER_00: So he turned them around.
• 2:25
  SPEAKER_00: So he's gonna be back here uh first week of March and uh been talking with the people who are running that.
• 2:32
  SPEAKER_00: Rodney would like him to come here.
• 2:34
  SPEAKER_00: Yeah, I would.
• 2:35
  SPEAKER_00: Haven't talked to Greg yet about that, but it looks like he'll have a program in the afternoon.
• 2:42
  SPEAKER_00: I was talking to him.
• 2:43
  SPEAKER_00: I wanted a program where anybody in Topeka and all of us, if we wanted to, could go hear him.
• 2:48
  SPEAKER_00: So we're really impressed because of this book and and want to get into that.
• 2:52
  SPEAKER_00: So um we'll finish the book next week, but first uh Ron, and let's point out the really important stuff.
• 2:59
  SPEAKER_01: Very important stuff.
• 3:01
  SPEAKER_01: Um man.
• 3:03
  SPEAKER_01: How about that game last week?
• 3:04
  SPEAKER_01: I know.
• 3:05
  SPEAKER_01: But more importantly, how about um maybe not more importantly, on a lesser note?
• 3:09
  SPEAKER_01: This was really impressive that we won.
• 3:11
  SPEAKER_01: I'm glad that we're at the top of the Yeah, by two games.
• 3:14
  SPEAKER_00: You guys are I mean, it's in the bag, right?
• 3:17
  SPEAKER_01: No, no.
• 3:18
  SPEAKER_01: No.
• 3:19
  SPEAKER_01: It seems like I mean, this happened, KU's been in this position, it seems like the last two or the three years, and they always come back and take it from whoever's in the lead.
• 3:29
  SPEAKER_00: Well, they can't take it.
• 3:30
  SPEAKER_00: They they might be able to tie if they can beat K-State at home, and uh and you guys But we're looking good this year.
• 3:37
  SPEAKER_01: You're looking really good.
• 3:38
  SPEAKER_01: A lot better than we have in prior years.
• 3:40
  SPEAKER_00: And I think Hey, I'm sorry about you.
• 3:41
  SPEAKER_00: You know, your number one uh reserve got injured yesterday, right?
• 3:44
  SPEAKER_00: So he can't play the rest of the year, Darren?
• 3:46
  SPEAKER_01: Uh is it the rest of the year?
• 3:48
  SPEAKER_00: I don't know.
• 3:49
  SPEAKER_01: I don't know either.
• 3:50
  SPEAKER_01: Let's hope not.
• 3:51
  SPEAKER_01: I'll I love watching that guy play.
• 3:52
  SPEAKER_00: Yeah, he got 11 points against KU and KU.
• 3:56
  SPEAKER_00: Won only their second game away from home all year.
• 3:59
  SPEAKER_00: Took him to overtime to beat TCU, up by about 10 with five minutes to go, but they started choking.
• 4:06
  SPEAKER_00: So anyway.
• 4:08
  SPEAKER_01: But anyway, watched that Duke game last night.
• 4:10
  SPEAKER_01: Didn't you guys watch that Duke game?
• 4:12
  SPEAKER_00: Duke Virginia?
• 4:13
  SPEAKER_01: Oh my gosh.
• 4:15
  SPEAKER_01: Duke Louisville.
• 4:16
  SPEAKER_00: I mean Duke Louisville where Louisville was up like 15 or 20 in the first half.
• 4:20
  SPEAKER_01: They were up, I think the announcer said 23 points in the second half with like six minutes left, and Duke came back and won.
• 4:29
  SPEAKER_00: Went crazy.
• 4:30
  SPEAKER_00: Went crazy.
• 4:31
  SPEAKER_01: Go watch the game if you have some time today.
• 4:33
  SPEAKER_00: Are you sure Duke won?
• 4:34
  SPEAKER_01: I'm positive.
• 4:35
  SPEAKER_01: I watched it.
• 4:36
  SPEAKER_00: I came downstairs to watch the last few minutes.
• 4:39
  SPEAKER_00: Okay, so Duke hit that three, then it went into overtime.
• 4:42
  SPEAKER_00: Did go to overtime.
• 4:43
  SPEAKER_00: Huh?
• 4:44
  SPEAKER_00: Uh it didn't go into overtime?
• 4:45
  SPEAKER_00: I was watching another game.
• 4:47
  SPEAKER_01: Must have been a different Duke TV watching.
• 4:49
  SPEAKER_00: I was watching it right away and all at once.
• 4:52
  SPEAKER_00: So okay, yeah.
• 4:56
  SPEAKER_00: Well, that's too bad the Duke.
• 4:58
  SPEAKER_00: Man, they got that big guy Williamson.
• 5:00
  SPEAKER_00: He's incredible.
• 5:01
  SPEAKER_00: Yeah.
• 5:02
  SPEAKER_00: Um I hope KUNK State don't have to play them.
• 5:06
  SPEAKER_00: So anyway, uh, we're gonna go through the introduction first couple chapters, and you'll be able to tell why we like the book so much.
• 5:12
  SPEAKER_00: I'm gonna actually uh share with you uh the very introductory chapter in which he act it's not a chapter, it's he he answers the question why did I write this book after 20 years, people asking me to write a book and me saying no.
• 5:26
  SPEAKER_00: Well he said, so I use these five steps, he said, and and these five steps, we started a company and we started turning around these continental and so forth, and uh, you know, have a plan, track your progress, build a fortress balance sheet so you always have cash, think money in, not money out, build a team, clean house if necessary, let the inmates run the asylum.
• 5:47
  SPEAKER_00: It has to do with uh a team.
• 5:49
  SPEAKER_00: And he says, so I I I used this for years and it's always working, and da-da-da-da-da.
• 5:54
  SPEAKER_00: But he says, he says, you know, uh uh I didn't write a book because Stephen Covey is always talking about, and he says, uh David Brooks, uh who writes for the New York Times, uh, and he's written a book saying, most important thing in life is not to build your resume, it's to leave a legacy.
• 6:10
  SPEAKER_00: And he says, I always felt like all I would be doing was building a resume by writing this book.
• 6:14
  SPEAKER_00: There's a lot of business books out there.
• 6:16
  SPEAKER_00: And then he says, uh, I turned 45 years old, and I realized, he said, I read this verse in Roman in Revelation chapter 3.
• 6:24
  SPEAKER_00: He says, because I'm a Christian, I'm an evangelical, I grew up in a Mennonite church in Heston, Kansas.
• 6:29
  SPEAKER_00: I believe that Jesus Christ is my Savior.
• 6:31
  SPEAKER_00: But he says I was sort of lukewarm, and I read this verse saying God didn't like lukewarm, he likes hot or cold.
• 6:38
  SPEAKER_00: So he said, I thought, I should apply these five lessons to my personal life.
• 6:43
  SPEAKER_00: If they can change their business, why can't they change me?
• 6:47
  SPEAKER_00: At age 45, he says, my life changed.
• 6:50
  SPEAKER_00: I started, so I said I've I came up with a counterpart to each of these five.
• 6:55
  SPEAKER_00: For the first one, have a plan in business, it was make a life plan.
• 6:59
  SPEAKER_00: For build a fortress, which has to do with money, it was choose financial freedom.
• 7:04
  SPEAKER_00: For third, think money in, not money out.
• 7:06
  SPEAKER_00: I realized the opposite was true in my personal life.
• 7:09
  SPEAKER_00: I needed to think money out, not money in.
• 7:11
  SPEAKER_00: Who am I going to help who's less fortunate?
• 7:13
  SPEAKER_00: For number four, building a team, it was four, build a life team.
• 7:17
  SPEAKER_00: Who are the people that I want to have in my life 20, 30, 40 years from now?
• 7:21
  SPEAKER_00: And number five, inmates run the asylum.
• 7:23
  SPEAKER_00: That is, team, you know, um your family and invest in family and friends.
• 7:28
  SPEAKER_00: And he said, so I started this program of doing this and it changed my life, and I thought, now this, he says, I could write a book about.
• 7:36
  SPEAKER_00: So that's what he wrote this book about.
• 7:39
  SPEAKER_00: I realized he said I needed a turnaround.
• 7:41
  SPEAKER_00: And he says, You say, why did you need a turnaround?
• 7:43
  SPEAKER_00: Your life is successful, you're a multimillionaire and all that stuff.
• 7:46
  SPEAKER_00: So his basically his first chapter is, Who Needs a Turnaround?
• 7:50
  SPEAKER_00: And his answer is number one, companies or persons, I added persons, companies in serious trouble who require a radical overhaul to survive.
• 8:00
  SPEAKER_00: Of course you need a turnaround in your personal life if you're an alcoholic or if your wife hates you, if your children are, you know, stuff like that.
• 8:08
  SPEAKER_00: But he says there's another reason why you might need a turnaround.
• 8:12
  SPEAKER_00: It's the same reason, Revelation 3, he says, that I decided I needed a turnaround.
• 8:18
  SPEAKER_00: He said, two companies or persons seemingly doing just fine, but are underperforming, could be doing a lot better.
• 8:27
  SPEAKER_00: And he lists a bunch of companies that he worked for who were like Home Depot who hired him and they felt like they were, and their bottom line was terrific.
• 8:36
  SPEAKER_00: But they knew they could be doing better, and he agreed, and and he he doubled their output in the first year.
• 8:43
  SPEAKER_00: So he says, um, ask yourself at the end of this first chapter, ask yourself this question before you read this book.
• 8:51
  SPEAKER_00: Do I need a personal turnaround?
• 8:53
  SPEAKER_00: Three questions.
• 8:54
  SPEAKER_00: He said, Am I performing in life to my full potential?
• 8:58
  SPEAKER_00: How would you answer that question?
• 9:00
  SPEAKER_00: Number two, he says, How would you answer the question, does my life feel fulfilling and significant apart from my business?
• 9:07
  SPEAKER_00: And third, ask yourself, are there any areas in my life where I need to change?
• 9:13
  SPEAKER_00: All right?
• 9:14
  SPEAKER_00: So he has these five chapters that have multiplied into ten.
• 9:20
  SPEAKER_00: And so each of these sections of two chapters, and we're going to go through the first three of these doubles today, one, two, and three.
• 9:30
  SPEAKER_00: So each of them has a business chapter.
• 9:32
  SPEAKER_00: And frankly, for a lot of you, as for me, you're not a CEO of a business.
• 9:38
  SPEAKER_00: And so uh maybe you're working in a business and you can apply it, but he's but it's the second chapter of each of these doublets that really is amazing to me.
• 9:48
  SPEAKER_00: And I read this book, I called Rodney, I said, I got to come over to your house this last weekend, and we decided to do a left turn, a detour, and and take take two weeks to do this and put off John Maxwell.
• 10:01
  SPEAKER_00: All right?
• 10:02
  SPEAKER_00: So the five steps, and I I think the maybe the key step of all, or at least the one that kicks you off, is step number one.
• 10:10
  SPEAKER_00: So we're gonna hit the business side briefly, Rodney, is and then the personal side, which is I think life-changing.
• 10:17
  SPEAKER_00: And then I'll uh we'll move to two and three.
• 10:20
  SPEAKER_01: Yeah, so let me come right off the gate with you guys and tell you this.
• 10:24
  SPEAKER_01: Um uh Jim did come out of left field with this Saturday morning, and I was at my house.
• 10:29
  SPEAKER_01: He called me and said, I've just read uh a book that is changing my life as I read it.
• 10:33
  SPEAKER_01: And I was like, okay.
• 10:35
  SPEAKER_01: Uh and uh he said, Can I come over and give you the book?
• 10:40
  SPEAKER_01: And so he's he's talking to me on the phone about it, and he gets to my house and he says, and and he repeats exactly what he told me in the car, and I was like, okay, this book has to be good.
• 10:49
  SPEAKER_01: And so he gives me his copy and says, You gotta read it.
• 10:53
  SPEAKER_01: And this is what I want to do, I think this is where we should go.
• 10:56
  SPEAKER_01: And so um uh I had he had marked up out of the 315 pages, he's probably marked up already 115 of it on Saturday morning.
• 11:06
  SPEAKER_01: So I was like, all right, this book has to be good.
• 11:09
  SPEAKER_01: And I started reading it, and I started reading the personal sides of each one of these things.
• 11:15
  SPEAKER_01: And I I tell you what, it uh I I read about 175 pages Monday night only because I couldn't put the book down.
• 11:23
  SPEAKER_01: It's so good.
• 11:25
  SPEAKER_01: Um and this morning, what we're gonna attempt to do, uh we're gonna try to cover about 194 of those pages.
• 11:32
  SPEAKER_01: Of 315 that are in the book, about 194.
• 11:35
  SPEAKER_01: So keep with us.
• 11:36
  SPEAKER_01: I'm gonna try to fly through the business part of it and really get to the personal side of it because it the personal side of it is is so rich.
• 11:45
  SPEAKER_01: And I think it's so rich because he is he's an outspoken believer.
• 11:49
  SPEAKER_01: Like when you look at this guy's resume, work resume, he's kind of been there and done that.
• 11:54
  SPEAKER_01: When I when I think about men of success, uh a lot of times we talked about secondary greatness in the last couple weeks, he's had a whole bunch of secondary greatness.
• 12:04
  SPEAKER_01: Uh, but I really admire what he's what he's done with these business principles to apply them to his life.
• 12:10
  SPEAKER_01: So, step one, in the business side, he says you, you know, you gotta have a plan.
• 12:15
  SPEAKER_01: Uh anytime you want to grow a business, turn around a business, you gotta have a plan.
• 12:20
  SPEAKER_01: Um he says most of the time when I walk into uh an organization, I ask them, hey, what's your strategic plan?
• 12:26
  SPEAKER_01: He says, one of two things happens.
• 12:28
  SPEAKER_01: He says, people pull out this huge, thick notebook of this is our strategic plan, or they pull out a four to five page, um, this these are all our to-do's lists in the next fiscal years.
• 12:39
  SPEAKER_01: He says, You can't do that.
• 12:40
  SPEAKER_01: That's not a good way to run your business.
• 12:42
  SPEAKER_01: He says, your business plan has to be simple.
• 12:45
  SPEAKER_01: Um, it has to be simple where you can put it on one page and you can identify the four key areas of your business and be able to value it, be able to identify value drivers.
• 12:58
  SPEAKER_01: Uh, these are things that are really, really important to your business that will increase profitability.
• 13:04
  SPEAKER_01: Um and then he says, when you're analyzing business, there's these four cornerstones.
• 13:09
  SPEAKER_01: And the reason why he uses four cornerstones, he says, scientists have have have seen that most of us remember, only can remember about four broad categories and about three to five sub points in each one of those categories.
• 13:22
  SPEAKER_01: So he says, when I when I've been looking at businesses over my career, he said there's these four um cornerstones of business.
• 13:29
  SPEAKER_01: These are the backbones.
• 13:30
  SPEAKER_01: He says is market, financial, product, and people.
• 13:34
  SPEAKER_01: Um, and there's so much in the book.
• 13:36
  SPEAKER_01: I'm not going to try to go into all that, but just so you guys know, those are the four backbones of business.
• 13:40
  SPEAKER_01: If you're a businessman, uh you know, you can write those down.
• 13:43
  SPEAKER_01: I don't know if these are in the packet.
• 13:44
  SPEAKER_01: But then he then he goes to personal and he and he opens up the personal side of it by asking these questions.
• 13:50
  SPEAKER_01: He says, You ever feel like your life is flying by so fast you have no time for the most important things?
• 13:57
  SPEAKER_01: And I was like, Yeah, where I'm at my season of life, I do.
• 14:01
  SPEAKER_01: He said, Do you ever wish that you had more time to focus on faith, family, friends, fitness, and hobby?
• 14:08
  SPEAKER_01: I look at some of those and I go, yeah.
• 14:10
  SPEAKER_01: And he says, Do you ever feel like the concept of work life uh balance is a contradiction?
• 14:16
  SPEAKER_01: I said, Yeah, of course.
• 14:17
  SPEAKER_01: Anybody does.
• 14:18
  SPEAKER_01: He says, Walk into the club.
• 14:21
  SPEAKER_01: Most of us, and I would agree, most of us probably in this room would agree it's hard.
• 14:25
  SPEAKER_01: Like all trying to piece all these things together is really hard.
• 14:29
  SPEAKER_01: Um and and and then he asks a question, he goes, What do you think you're called on this earth to do?
• 14:36
  SPEAKER_01: And I think that uh just right there, this is probably a page in.
• 14:40
  SPEAKER_01: And I think I I just paused it and I was like, what is it?
• 14:43
  SPEAKER_01: Because when I when I look at a group like this and I look at my life, I go, what what is the uniqueness about my life that God has placed me here on this earth to do?
• 14:52
  SPEAKER_01: And I think that's a question we have to ask all of ourselves is there's something unique about every single one of us.
• 14:57
  SPEAKER_01: In reality, in the in the whole season, in the whole um history of earth, what has been and what will come, there'll never be a person like you.
• 15:08
  SPEAKER_01: Credible opportunity to shape this world by who you are as a man.
• 15:13
  SPEAKER_01: We need you as a man.
• 15:15
  SPEAKER_01: So think about that question.
• 15:16
  SPEAKER_01: Who who do who are you?
• 15:18
  SPEAKER_01: What have you been called on this earth to do?
• 15:20
  SPEAKER_01: And then he tells this fun story about uh blue chips.
• 15:25
  SPEAKER_01: Um and he tells this story, he mentors probably about uh 40 to 100 young people every single year.
• 15:31
  SPEAKER_01: And the first thing he does is they play a game together.
• 15:34
  SPEAKER_01: He says, Grab a partner, and I want you to tie one of their hands behind their backs.
• 15:38
  SPEAKER_01: And he puts these white chips, these I don't know if they're poker chips or what they are, but these white chips on the table, red chips on the table, and blue chips on the table.
• 15:47
  SPEAKER_01: He says, All right, let me give you guys 30 seconds to a minute to try to grab as many of these chips as you can.
• 15:54
  SPEAKER_00: And um He puts the white chips there, though, closer to the edge of the table, and then the red trips, chips, and the blue chips.
• 16:01
  SPEAKER_01: Yep.
• 16:02
  SPEAKER_01: And then and then he says, go.
• 16:04
  SPEAKER_01: Has them stop, and he goes, Okay, now what if I were to tell you that the white chips are worth one point, the red chips are worth 10 points, and the blue chips are worth 25 points?
• 16:14
  SPEAKER_00: He does this after they got their one hand full of chips, but of course their one hand is full of white chips.
• 16:19
  SPEAKER_00: Yep.
• 16:20
  SPEAKER_00: And then he says, by the way, what if I had told you that the blue chips are worth 25?
• 16:25
  SPEAKER_01: He said, would would you have performed differently?
• 16:27
  SPEAKER_01: And they go, absolutely would have.
• 16:29
  SPEAKER_01: He says the same thing happens for us in life.
• 16:33
  SPEAKER_01: There are white chips, red chips, and blue chips, and he says, you have to focus your life.
• 16:38
  SPEAKER_01: When you think about planning, you have to focus your life around the blue chips, the things that are worth a whole bunch to you.
• 16:45
  SPEAKER_01: These are the things that really, really matter to you as a person, as an individual.
• 16:51
  SPEAKER_01: He says, most of the most of our lives, we go through periods and seasons of our lives where these white chips are right there in front of our face, and they're just flying in our face, and they're the easiest for us to pick up.
• 17:04
  SPEAKER_01: Like we can go after the white chips, they're easy.
• 17:06
  SPEAKER_01: And you feel a sense of accomplishment by picking up all these white chips, but at the end of the day, they mean nothing, they hardly mean anything.
• 17:14
  SPEAKER_01: He says, How sad would it be if we were to go through life, and that would be the summation of our lives that we would be nothing but picking up white chips and not actually picking up the blue chips, the things that really matter to us most.
• 17:27
  SPEAKER_01: And so he says, When you're making a plan for your life, you have to make a plan for your life that's centered around the blue chips.
• 17:35
  SPEAKER_01: Um and these blue chips really help you identify what it is that you're you want to become.
• 17:42
  SPEAKER_01: This is what you want to focus on.
• 17:44
  SPEAKER_01: Um so I also want to ask this question.
• 17:49
  SPEAKER_01: He asked a question in the book.
• 17:50
  SPEAKER_01: He says, you know, if if everything in your life got stripped away, what what are the most important things that would remain?
• 18:00
  SPEAKER_01: Like if you were to go to the doctor tomorrow tomorrow morning and they said, You got two years to live, what are those important things that you would center your life on?
• 18:12
  SPEAKER_01: And the answer to that question is um will tell you those are your blue chips.
• 18:18
  SPEAKER_01: Those are the things that we need to center our lives around.
• 18:20
  SPEAKER_01: But also at the same time, we all have responsibilities.
• 18:23
  SPEAKER_01: I just can't go and focus my life around family, friends, and all these other things, and um, you know, I I won't have a job and I won't be able to have any money.
• 18:32
  SPEAKER_01: It says there needs to be this work-life integration.
• 18:36
  SPEAKER_00: Yeah, not a balance, but an integration.
• 18:39
  SPEAKER_01: Yeah, a work-life integration.
• 18:41
  SPEAKER_01: Um and so that that's that's where he said the those are important.
• 18:45
  SPEAKER_01: Um I spent a lot of time on that.
• 18:47
  SPEAKER_01: I'm gonna try to fly through the the rest of this chapter.
• 18:50
  SPEAKER_01: He asks this one question, he goes, How do you make decisions?
• 18:53
  SPEAKER_01: And I thought that was really interesting.
• 18:54
  SPEAKER_01: He says, if you want to ever start a conversation with somebody, ask them how they make their decisions.
• 18:59
  SPEAKER_01: He says, Most of the times, most of us can't articulate, really understand why do I make the decisions that I make.
• 19:05
  SPEAKER_01: He says, uh, and he says, we need to have a framework through which that we process and understand the decisions that we make.
• 19:12
  SPEAKER_01: And he says, if you don't have one, let me give you my five things that I make my decisions off.
• 19:17
  SPEAKER_01: And he calls him his five Fs.
• 19:18
  SPEAKER_01: He makes his decisions off of his faith, family, friends, fitness, and finance.
• 19:23
  SPEAKER_01: He says, um he asks himself these questions that um, you know, when I'm making a decision, I ask myself in my faith, these are this is important to me.
• 19:33
  SPEAKER_01: Um these are my simple life rules.
• 19:35
  SPEAKER_01: You know, will this bring me closer to my creator or will this push me away?
• 19:39
  SPEAKER_01: For my family, will this benefit my family or will it destroy the relationships closest to me?
• 19:44
  SPEAKER_01: For my friends, will this bring it's close, will this bring me closer to my good friends, or will it push me away?
• 19:50
  SPEAKER_01: Fitness, will this will this make my health better, or will it cause a whole bunch of stress and take up a lot of my time?
• 19:58
  SPEAKER_01: And then finance, will this put me in a poor position financially, or does this allow me to be a good steward of the resources that I have?
• 20:06
  SPEAKER_01: And then uh he kind of goes on and then he explains and then he gives us his go forward plan.
• 20:11
  SPEAKER_01: And I thought this was so good.
• 20:13
  SPEAKER_01: So just like a business plan, you have these four things that you have that you center your life around, these are his.
• 20:20
  SPEAKER_01: And um and for a businessman, I think I I just think this is so good.
• 20:25
  SPEAKER_00: So yeah, and in a business book, for a guy to actually put this out that his first go forward plan is a deep walk with God.
• 20:33
  SPEAKER_01: Yeah, that's unique, really unique.
• 20:36
  SPEAKER_01: Um and he and the thing that's really interesting about his book is he shares the gospel in it.
• 20:43
  SPEAKER_01: Like in I think it's in this chapter, he just comes out and shares the gospel why he believes GDOD, uh, why he believes Christianity is the only religion that is satisfying and is the only right religion.
• 20:55
  SPEAKER_01: Anyways, uh this is his go forward plan.
• 20:59
  SPEAKER_01: And so if you don't have a go-forward plan, if you don't have a simple one-page plan of this is what I'm gonna uh build my life around, just use this as a model.
• 21:07
  SPEAKER_01: Um so his first one is a deep walk with God.
• 21:10
  SPEAKER_01: He wants to have daily quiet time prayer, Bible reading, scripture memory, and purpose reading.
• 21:15
  SPEAKER_01: Uh number two, he wants to have a lasting Christian legacy.
• 21:20
  SPEAKER_01: And so some of the things he'll do, he'll do ministry with Rhonda.
• 21:23
  SPEAKER_01: That's Rhonda his is his wife.
• 21:25
  SPEAKER_01: What's the time to get time alone with his parents yearly, time alone with each child yearly.
• 21:30
  SPEAKER_01: Um that's his number two.
• 21:31
  SPEAKER_00: Yeah, he's got about a half a dozen things under each that he shares with you that he does.
• 21:36
  SPEAKER_00: And I just uh had room on here for about three of them, yeah.
• 21:39
  SPEAKER_01: Uh number three, he wants to use his platform to mentor others.
• 21:43
  SPEAKER_01: Three to five mentoring sessions a week, couples mentoring.
• 21:46
  SPEAKER_01: Uh he tries to write news speeches.
• 21:49
  SPEAKER_01: Uh another thought, another thing that I thought was really interesting, he sends out about 500 books to CEOs across the nation every single year for Christmas.
• 21:57
  SPEAKER_01: And it's just thinking about his platform and what he's using.
• 22:00
  SPEAKER_01: Using his platform for it.
• 22:01
  SPEAKER_01: I think that's amazing.
• 22:02
  SPEAKER_01: And then number four, lasting the stewardship legacy.
• 22:05
  SPEAKER_01: He wants to take money out, not money in.
• 22:07
  SPEAKER_01: He wants to give away all this money in his life.
• 22:09
  SPEAKER_01: I mean, this guy's a millionaire.
• 22:11
  SPEAKER_01: He wants to dil diligently serve on boards.
• 22:14
  SPEAKER_01: He realizes he has all this experience in business and he wants to give it back.
• 22:18
  SPEAKER_01: And then he wants to give making giving a family priority.
• 22:22
  SPEAKER_01: So I just there's so many good things.
• 22:24
  SPEAKER_01: So you know, I asked you guys, what are the blue chips in your life?
• 22:27
  SPEAKER_01: What do you guys know that you're unique at?
• 22:29
  SPEAKER_01: What are the things that you need to center your life around and have a work-life integration?
• 22:34
  SPEAKER_00: Because I consider this part so, so, so important.
• 22:37
  SPEAKER_00: I copied off most of those pages, and they are among the few pages I gave you there.
• 22:44
  SPEAKER_00: I think they can help you as they help me.
• 22:46
  SPEAKER_00: I have in my office, it's not one page, but it's about a five-page plan I made, a life plan I made when I was 25 years old.
• 22:54
  SPEAKER_00: And uh, but he makes points you ought to do this, uh, revise it regularly.
• 23:00
  SPEAKER_00: And a couple years ago, when I knew that uh when we decided that December 31st of next year would be the time that I would sort of step out of the pulpit, that we would, Lord willing, have a lead pastor in to replace me.
• 23:15
  SPEAKER_00: Um I made a plan for what I wanted to do uh in my last three years to leave a legacy here at the church, to make an impact, to do with the important things and so forth with the elders' approval.
• 23:28
  SPEAKER_00: So um I I recommend that you do this.
• 23:31
  SPEAKER_00: This is chapter one.
• 23:32
  SPEAKER_00: Make some sort of a life plan, set goals, and decide what your blue chips are.
• 23:38
  SPEAKER_00: Now, chapters two and three are really practical.
• 23:42
  SPEAKER_00: They're about money.
• 23:43
  SPEAKER_00: Not gonna see it, John.
• 23:45
  SPEAKER_00: John's got to pick up his car.
• 23:48
  SPEAKER_00: He's gonna pay$2,800 this morning because his beautiful daughter accidentally uh was playing with a pin and a little piece flew off, landed in this air conditioner, ruined his heater.
• 23:57
  SPEAKER_00: So anyway, but Melissa's well worth it, and he's glad he bought the warranty ahead of time.
• 24:03
  SPEAKER_00: So it's only gonna cost him a hundred.
• 24:06
  SPEAKER_00: So uh step two, this has to do in in your business, building a fortress balance sheet.
• 24:13
  SPEAKER_00: Uh the main points here, he says, and this is brief, is is never ever, ever, ever, ever run out of cash.
• 24:20
  SPEAKER_00: And he gives illustrations of major companies that would borrow, borrow, borrow, get behind it, then wouldn't have cash, and then there was the 2008 downturn or something else, and and they died.
• 24:29
  SPEAKER_00: Okay?
• 24:30
  SPEAKER_00: Two, and he says, admittedly, real estate companies and everybody else was counting on the fact that the government and the banks were in this uh thing whereby you could just borrow money, and it seemed like that that bubble was going to keep going forever, and when it burst, you know, we've got you know a number uh a number of people who just walked away from their houses in Florida and so forth and never finished paying for.
• 24:53
  SPEAKER_00: Two, know how much leverage you can handle as a business.
• 24:55
  SPEAKER_00: In other words, how much can you borrow?
• 24:57
  SPEAKER_00: It says, you know, it's important that you borrow to a certain extent.
• 25:00
  SPEAKER_00: His argument is for a person, obviously you borrow in your house, but you he doesn't believe he should ever, ever borrow on a car and so forth.
• 25:08
  SPEAKER_00: But as a business, you need to leverage your assets so that you can take steps forward in the short term.
• 25:15
  SPEAKER_00: But he said, know how much you can handle.
• 25:17
  SPEAKER_00: Third, keep your debt maturity uh in the future so that you're not having to pay off your debts now, uh all your debts now.
• 25:25
  SPEAKER_00: So it's it's very interesting, and it has to do with you know, if you've borrowed money for your car, uh I have a friend who borrowed money for their car, you know, the the the the the debt is you know it's gonna take 20 years to pay, but the car's falling apart after six years.
• 25:40
  SPEAKER_00: And so so number three has to do with that.
• 25:42
  SPEAKER_00: Number four, develop measurements for your life plan.
• 25:45
  SPEAKER_00: Okay.
• 25:45
  SPEAKER_00: Then he moves into personal, and this is stuff that some of you know from what were you saying yesterday?
• 25:50
  SPEAKER_01: This is a lot like uh the financial piece university.
• 25:53
  SPEAKER_00: Yeah, this is Dave Ramsey stuff.
• 25:55
  SPEAKER_00: So we're not gonna labor, stay on it.
• 25:57
  SPEAKER_00: But basically it's keep a budget, make sure that you never run out of cash.
• 26:02
  SPEAKER_00: Two, no automobile or credit card debt, get out of that stuff.
• 26:06
  SPEAKER_00: Third, limit education debt and run a payback.
• 26:09
  SPEAKER_00: When you've got kids that are heading for college, when they're making a decision about what they're gonna do, he said, he said, I sat down and had a talk with each of our kids.
• 26:17
  SPEAKER_00: I said, um, uh, you know, what do you want to major in?
• 26:20
  SPEAKER_00: And if they said they said medicine, then we talked about how much they'd have to borrow for it.
• 26:25
  SPEAKER_00: But he said the advantage is the is the payback will work out in so many years because you're gonna get this income.
• 26:33
  SPEAKER_00: But if they said philosophy or history, he said, yeah, it'll be a lot cheaper up front.
• 26:38
  SPEAKER_00: But he's just how are you gonna pay that back?
• 26:40
  SPEAKER_00: I mean, it's very tough to get a job.
• 26:42
  SPEAKER_00: And so so he was very practical about that.
• 26:45
  SPEAKER_00: Number four, limit your housing costs, and he includes not only the your your uh uh mortgage, but he includes you know utilities and everything.
• 26:53
  SPEAKER_00: Limit your housing costs to 20% of your income, no more than that.
• 26:56
  SPEAKER_00: Number five, uh, you ought to always put minimum 10% in savings, 10% in giving.
• 27:03
  SPEAKER_00: So um that would be.
• 27:09
  SPEAKER_00: Hmm.
• 27:10
  SPEAKER_00: Oh, okay.
• 27:11
  SPEAKER_00: So when it comes to work, this is all about money in, not money out.
• 27:15
  SPEAKER_00: You focus on, and he he says in your business you need to focus on growth, not cost cutting.
• 27:20
  SPEAKER_00: Stop doing things that lose money, sure.
• 27:22
  SPEAKER_00: Focus on your core, the things you're really good at, and consider new products that are adjacent to your core.
• 27:27
  SPEAKER_00: He talks about how, let's say, Pennies, JC Pennies, is going under because they so focused on cost cutting that they eliminated all the things that made people like them in the first place.
• 27:37
  SPEAKER_00: You know, so main thing is to focus on growth, not cut it, cutting costs.
• 27:41
  SPEAKER_00: And in person, your personal, flip it.
• 27:43
  SPEAKER_00: Money out, not money in.
• 27:45
  SPEAKER_00: You ought to give quietly, regularly, and cheerfully.
• 27:47
  SPEAKER_00: You ought to integrate your giving into your life, you ought to involve your family and friends, and you ought to give wisely.
• 27:53
  SPEAKER_00: Hold it.
• 27:54
  SPEAKER_00: Hold it.
• 27:54
  SPEAKER_00: This is really chapter three, isn't it?
• 27:56
  SPEAKER_01: Yeah.
• 27:57
  SPEAKER_00: Yeah, so this isn't step two, this is step three.
• 27:59
  SPEAKER_00: Yeah, can you talk about this for a minute?
• 28:01
  SPEAKER_00: Because I just ran over this, but uh, I'd ask you if you'd cover it.
• 28:06
  SPEAKER_01: Uh yeah, so James.
• 28:07
  SPEAKER_00: So this is chapter three, not two.
• 28:09
  SPEAKER_01: Yeah, so I'm not gonna spend any time on the business side of it because um it would it's not really applicable in this setting.
• 28:16
  SPEAKER_01: If you're into business, really love business, uh, get the book.
• 28:20
  SPEAKER_01: It's so good.
• 28:21
  SPEAKER_01: I'm uh just in my profession, I I really like reading kind of kind of stuff, how business people think.
• 28:27
  SPEAKER_01: And he's talking about compensation plans and gross EBITDA and all this other stuff.
• 28:31
  SPEAKER_01: And I I think it's uh fabulous, but you guys probably won't think it is.
• 28:36
  SPEAKER_01: Um but in step two, he he does so he talks about you know the business side of it.
• 28:40
  SPEAKER_01: You want to think money in, not money out.
• 28:42
  SPEAKER_01: So you're all focused on your revenue streams, core, you're thinking about can I partner with somebody else?
• 28:47
  SPEAKER_01: Can we structure this deal this certain way?
• 28:49
  SPEAKER_01: And then he switches to personal and he says you want to think about money out, not money in.
• 28:53
  SPEAKER_01: He says, Most of us live a very privileged life.
• 28:57
  SPEAKER_01: If you think about all of our needs, they're taken care of.
• 29:00
  SPEAKER_01: If you look at Maslow's hierarchy of needs, most of us are at the top, we're at the top of you know the self-actualization where we're trying to figure out our self-worth, where we can give back, where we can really have a life of significance.
• 29:13
  SPEAKER_01: And he says, most of us don't have to worry about needs.
• 29:15
  SPEAKER_01: And so God gives us, God gives us money for two reasons.
• 29:19
  SPEAKER_01: He says, provide for ourselves and then meet the basic needs of other people.
• 29:23
  SPEAKER_01: And he says, and when you read the Bible, uh, he said he had to relearn a lot of this stuff because he got so caught up in money.
• 29:30
  SPEAKER_01: He had to re-relearn what the Bible teaches.
• 29:32
  SPEAKER_01: And he he said, these are the five things I learned about this.
• 29:35
  SPEAKER_01: Is what the Bible teaches.
• 29:36
  SPEAKER_01: One that debt is bad, two, that saving is good, three, that giving is fun, and four, that stuff is meaningless.
• 29:43
  SPEAKER_00: I really enjoyed that.
• 29:44
  SPEAKER_00: What was that again?
• 29:45
  SPEAKER_01: Those four?
• 29:46
  SPEAKER_01: One is debt is bad.
• 29:48
  SPEAKER_01: Say two, saving is good, giving is fun, and stuff is meaningless.
• 29:53
  SPEAKER_01: And he says, I mean, this is I love I love that he says it.
• 29:56
  SPEAKER_01: He comes right out the book, right out the gate, and he says, you know, when when God talks about money in the Bible, he doesn't talk about it because he wants to talk about it.
• 30:03
  SPEAKER_01: He says he talks about it because we need to hear it.
• 30:06
  SPEAKER_01: It's so convicting.
• 30:07
  SPEAKER_01: I need to hear it.
• 30:08
  SPEAKER_01: Uh, because a lot of times I, you know, he says that the antidote to materialism is giving.
• 30:14
  SPEAKER_01: And so he says he's interviewed, um, he interviewed 10 mentors and he asked them, okay, when when you think about giving, when you think about material, when you think about a legacy, what are what are the things that you think about?
• 30:25
  SPEAKER_01: And these are these are from his mentors, these are not from him.
• 30:28
  SPEAKER_01: So these are from guys like Mitt Rodney, um, uh his uncle who run who ran Heston Corporation and Heston, Kansas.
• 30:36
  SPEAKER_00: Tim Keller is one of Keller.
• 30:38
  SPEAKER_01: Um and all throughout the book, he highlights some of these mentors.
• 30:40
  SPEAKER_01: And so these are the guys that are saying, here are principles you think about giving.
• 30:44
  SPEAKER_01: And says, one, give quietly, regularly, and cheerfully.
• 30:47
  SPEAKER_01: You don't want to be that person who uh is giving, but you're just doing it out of a dutiful heart.
• 30:51
  SPEAKER_01: God doesn't like that.
• 30:52
  SPEAKER_01: God doesn't want us to see see us do that.
• 30:55
  SPEAKER_01: The Bible speaks to it in multiple different places.
• 30:58
  SPEAKER_01: Um He says that you need to give quietly, regularly, and cheerfully.
• 31:02
  SPEAKER_01: Two, integrate giving into your life.
• 31:04
  SPEAKER_01: So think about charities and the things about the things that you like.
• 31:08
  SPEAKER_01: What are the things that you like?
• 31:10
  SPEAKER_01: Where are you gifted at?
• 31:11
  SPEAKER_01: What are your skills and how can you come alongside an organization and not only give, but give give of your money, but give of your time, give of your resources to enable that organization.
• 31:21
  SPEAKER_00: Yeah, when I read this, I was thinking of Haiti Lifeline, so I like to go down, and I see Matt here, so it's it's a cause I love personally, it's a cause I go down to, it's a cause our family goes down to, and it's a cause I give to.
• 31:32
  SPEAKER_00: So you integrate, you know, it's not just I'm giving to something I don't know about, I'm giving to something I really care about.
• 31:38
  SPEAKER_01: Yeah, yeah.
• 31:39
  SPEAKER_01: Um and then thirdly, he says when you're when you're giving, you want to involve your family and your friends.
• 31:45
  SPEAKER_01: Um, because it's more meaningful when you do that with other people, especially meaningful when you do it with your children, because you teach your child, you're training your children how to use money.
• 31:56
  SPEAKER_00: Um there's this whole section on talking to your children about money.
• 32:00
  SPEAKER_00: And I I I thought, man, I wish I could do it all over.
• 32:11
  SPEAKER_01: Yeah.
• 32:12
  SPEAKER_01: Um okay, I won't go into it.
• 32:15
  SPEAKER_01: Four, uh, and then lastly, give wisely.
• 32:18
  SPEAKER_01: Um he says, when when we think about giving, if we're giving to an organization, we we won't give.
• 32:23
  SPEAKER_01: We don't want to create an alliance.
• 32:25
  SPEAKER_01: So he kind of goes through these four things.
• 32:27
  SPEAKER_01: He says, Don't create reliance.
• 32:29
  SPEAKER_01: So he says, we we don't give more than 10% of an organization's annual operating budget.
• 32:34
  SPEAKER_01: Um he says, number two, you want to hold not-for-profits accountable, uh, just like you would any business that you give money to, develop some sort of uh criteria that they have to meet these needs that they said that they were gonna meet.
• 32:47
  SPEAKER_01: Um uh thirdly, I thought this was interesting.
• 32:50
  SPEAKER_01: He said, you want to limit the estate that goes to your children.
• 32:54
  SPEAKER_01: Um and then fourthly, you want to give away your lifetime or shortly, give away all of your money in your lifetime or shortly thereafter.
• 33:02
  SPEAKER_01: Yeah.
• 33:02
  SPEAKER_00: I saw I confess, Rodney.
• 33:04
  SPEAKER_00: So I've been over at Rodney's house on Saturday morning and bopped over there, never seen his house, and I met his wife, Laura.
• 33:11
  SPEAKER_00: You know, I'm sorry I'd met before, but and he has three three little girls who are playing on the floor.
• 33:15
  SPEAKER_00: He's got their ages like one, two, and three.
• 33:17
  SPEAKER_00: Or, you know, just little types.
• 33:21
  SPEAKER_00: And so I'm I'm reading, I didn't get to this part until after that.
• 33:24
  SPEAKER_00: I'm reading that and I'm thinking about Rodney getting you getting your one, two, three-year-old.
• 33:29
  SPEAKER_00: It's okay, sit still for a minute and pulling out a dollar bill.
• 33:32
  SPEAKER_00: This is a dollar bill.
• 33:34
  SPEAKER_00: So anyway, this great picture of you teaching your little girls.
• 33:38
  SPEAKER_00: Probably not.
• 33:39
  SPEAKER_00: Okay, uh, listen, we want group discussion time.
• 33:41
  SPEAKER_00: Listen, uh, so I've got three questions for you if you want to uh uh spark this.
• 33:45
  SPEAKER_00: One, have you ever made a life plan?
• 33:48
  SPEAKER_00: Okay, and if so, share about it or anything close to it, or even a budget, for heaven's sake.
• 33:53
  SPEAKER_00: Number two, what are the blue chips in your life?
• 33:56
  SPEAKER_00: Faith, family, friends, fitness, finance?
• 33:59
  SPEAKER_00: Which of these do you want to invest and improve in this year during 2019?
• 34:03
  SPEAKER_00: Third, how near are you to financial freedom?
• 34:06
  SPEAKER_00: He says, choose freedom.
• 34:08
  SPEAKER_00: Tell of a time, and then here's about the giving side.
• 34:10
  SPEAKER_00: Tell of a time you really enjoyed doing the money out versus money in thing.
• 34:15
  SPEAKER_00: Yeah, you really enjoyed it.
• 34:16
  SPEAKER_00: Okay?
• 34:17
  SPEAKER_00: Pray for us.
• 34:18
  SPEAKER_01: Yeah.
• 34:19
  SPEAKER_01: Um, Lord, we thank you for this morning.
• 34:22
  SPEAKER_01: Um, we thank you for the opportunity to gather as men, that we can be sharpened, that we can be uh challenged.
• 34:28
  SPEAKER_01: Uh Lord, I pray that we would take these things and integrate them into our lives.
• 34:33
  SPEAKER_01: Um Lord, I ultimately pray that our lives would align biblically to the way that you would have us to live.
• 34:42
  SPEAKER_01: Uh, that we would look back over the seasons of our lives and know uh that you would look at us and you we would be able to look back together and you would say to us, Well done, my good and faithful servant.
• 34:54
  SPEAKER_01: Um Lord, and may that be the greatest joy, may that be the thing that's in the forefront of our minds as we as we go forth here today, and as we we live a we live the rest of our lives, the rest of the time that you've given us here on earth.
• 35:08
  SPEAKER_01: Lord, may we may we have an impact, may we change the world, may we uh may we be good stewards of everything that you've given us.
• 35:17
  SPEAKER_01: I pray these things in your name, amen.