Latest / Success Story with Scott Clary / Reverse Engineer Your Success Strategies for Sustainable Personal & Career Growth (The Leap Academy)
Transcript
- 0:00Scott Clary, welcome to the show. You are an entrepreneur, investor, author, podcaster.
- 0:20Everybody wants it. You will do what it takes. Scott, what does it take?
- 0:26I appreciate you having me on. What does it take? That's such an important question.
- 0:31In career, in entrepreneurship, it could be fitness, it could be relationship.
- 0:37We talk about career and entrepreneurship, but what does it take is the big question
- 0:41to succeed at anything in life. We don't need to be so siloed and myopic in some of
- 0:47these lessons, because what it takes is committing to it for an unreasonable amount of time.
- 0:54If you take nothing else away, that is the most important thing. You can apply that again
- 0:59to your career. You can apply that to your business. You can apply that to losing weight
- 1:04and looking good. You can apply that to the relationship.
- 1:07It sounds so cliche, but for some reason we forget this fact very quickly. I think that
- 1:13in 2024 and beyond, we're getting programmed to want instant gratification even quicker
- 1:19and quicker and quicker in the way that we consume information and the way that we learn
- 1:24and the way that we interact. The world is getting more efficient, which is great in terms
- 1:30of the gig economy and how we can get basically anything at our door immediately, or the fact
- 1:36that we are now programmed to enjoy 15 to 30 second clips on social media. Everything
- 1:42is quicker and now, but true progress and true quote-unquote success however you want
- 1:48to define that. We can define that later. None of it is quick. We have two conflicting
- 1:54ideas. Society is telling us that we can have everything we want immediately, because
- 1:59that's what technology and innovation does. Yet, the most important part of our life,
- 2:05which is true fulfillment in health, wellness, career and relationships, that cannot be fast
- 2:11track. It cannot be something that can be flip a switch overnight. It's getting harder
- 2:16and harder to understand the amount of work required to get to where you want to go because
- 2:21the rest of the world is not set up to reinforce that mindset.
- 2:28And what you just said Scott, to me, is so, so, so fundamental because we all are looking
- 2:35at all these amazing success stories and thinking about them as an overnight success, right?
- 2:41And patience is incredibly hard for high achievers driven because I want that. I want that.
- 2:48How do I get that? I mean, you have what? 1.7 million followers. I want that, Mr. Scott.
- 2:55So how do you continue when everybody looks like it's always looking up and it's incredibly
- 3:03hard?
- 3:04Yeah, because the secret is being able to continue, right? Because nothing's going to be easy.
- 3:09Everything worth having is not going to be easy to the secret. The question that has to
- 3:13be asked is how do you continue, which is a great question. So my version of being able
- 3:18to continue is it would be threefold. The first thing would be I would probably want to
- 3:25say I'll commit 10 years of my life to this thing because if I can commit 10 years of
- 3:30my life to this thing and I can build feedback loops and I can learn from my failures and
- 3:35I can iterate and I can improve and I can pivot. I know that anything worth building
- 3:40usually after doing it for 10 years will be pretty good at that thing. So for me, when
- 3:45I was 20, I was like, I'm going to commit at the beginning 10 years of my life to working
- 3:50in private industry, working in tech. And if that doesn't work, then I'm going to go
- 3:54back to law school and that's my safety net. So I commit an extraordinarily, not extraordinarily.
- 4:01I think it's a reasonable amount of time, but for most people, they probably think 10
- 4:06years is a long time, but I think it's a reasonable amount of time given how long we live.
- 4:09So 10 years. The second thing that I do that allows me to keep going is I have become exceptionally
- 4:15good at reverse engineering success. What does that mean? So I look at the person that
- 4:20has achieved what I want to achieve and I will study the shit out of them and reverse
- 4:26engineer every single step they took to get there. I do that when I'm looking towards say
- 4:32a physique that I want in the gym or a relationship that I want to model or the size of my business
- 4:38or the amount of money I want to make, I reverse every step they've taken. And when I first
- 4:42started my career, that was looking at a director or a VPN company and reverse engineering
- 4:47that when I started to build businesses, I would reverse engineer, how do you basically
- 4:51land your first 50 customers? If I want to excel or succeed on social media, I'll look
- 4:57at, for example, say a business influence or on Twitter that's maybe five years ahead
- 5:01of me and reverse engineer, how he creates his content, the type of audience that he's speaking
- 5:07to every little thing. So it's not just at a macro level, at a micro level, our reverse
- 5:12engineer, every single step to get me to where I want to go in that particular short-term
- 5:18goal or long-term goal. And the third thing that I've always thought through is, and I would
- 5:24love to figure out maybe you can even get feedback on this because obviously you've done it in your
- 5:28career as well, I have an unreasonable amount of trust in myself figuring things out. And that
- 5:36gives me the confidence to commit to something for 10 years and to reverse engineer and execute
- 5:41on the steps of someone else has taken. So I've thought about this a lot because I think that
- 5:46the third piece, the unreasonable amount of trust in you executing, I think that intuitively what
- 5:52I've done over my career is I've remembered the wins that I've had, the small wins and the large
- 5:56wins, and I've almost categorized and itemized them so when shit doesn't go right, I still remember
- 6:02all the times when I won. I think if you not just intuitively did it but consciously did it and
- 6:09consciously tracked all the times you win in your life, I think you start to trust yourself a
- 6:13lot more. The reason why it's so important to track them is because the emotional event, the
- 6:18thing sticks in your mind is the massive negative loss and you don't remember all the positive wins.
- 6:23So a massive negative loss like a business failure or you get screwed on a deal or whatever,
- 6:28it really can jeopardize the trust that you place in yourself, which I think can throw people off.
- 6:34So to have constant belief in what you can accomplish and to trust yourself to figure it out,
- 6:39you need to have those positive wins and those positive reinforcement thoughts is I don't want
- 6:44to make it sound corny, but it really does help. So when something doesn't work out or when you're
- 6:48dealing with shit right now, like you can't make payroll or you're getting sued or whatever negative
- 6:55event, you're like, listen, I've won like 10,000 times in the past year. Fine, I'll take an L here,
- 7:01but it doesn't really matter because I just need to win another 10,000 times to get to the next level.
- 7:05And those three things I think really allow me to keep going and pursue these super audacious goals.
- 7:13I think there was some really incredible insights here that I want to make sure everybody's
- 7:17listening to it because first of all, we tend to overestimate what we can do in a year. So we
- 7:25always have this little bit of a, I didn't make it, I didn't make it, a little bit of a disappointment,
- 7:30but then we underestimate what we can do in a decade. So we never get started, right? And I think
- 7:36most humans just never really get started because they see these visions of success and they're like,
- 7:42that's not going to be me. So I love the fact that you said a lot of it is just continuing in success
- 7:49does leaves clues. And I think that's the big thing that people don't even look back. You are
- 7:55reversing engineering and seeing all these things, success leaves clues. If you actually going to
- 8:00watch them, you can have a lot more clarity to continue moving, right? So I think these were
- 8:08really incredible distinctions. I appreciate that it's got.
- 8:11No, I think that it's less scary when you start to go down this rabbit hole. And for example,
- 8:16start with something small. So if you want to, for example, learn how to create better content
- 8:22on social, a lot of creators, they'll walk through their creative process. And like a lot of
- 8:28entrepreneurs will walk through how they did X or accomplish why people are not that opaque.
- 8:34Very few people are that guarded about what they do to achieve their success. So if you want to
- 8:40figure out and create better content, pick a platform, you want to be better on Twitter or
- 8:44Instagram, doesn't matter. Say you're a business person will look at somebody else's creating
- 8:48content in your niche, look at the person's creating the best content in your niche,
- 8:52maybe study a hundred of their posts just by scrolling through understanding everything from
- 8:56the type of stuff they speak about the format. Is it real? Is it carousel? Is it in feed static
- 9:01image? What type of copy to put in the comments? Who are the people that are interacting with the
- 9:06post and then go on YouTube and type in prolific creator? How do they create content? And there's
- 9:11going to be like five podcasts with them talking about how they create their content and their
- 9:15thought process. Maybe they'll say, Hey, when I first started, I was using this website for
- 9:20inspiration or maybe I was using something like answer the public, which is a great tool that
- 9:25allows you to see certain phrases that are high volume search terms. And I was finding high volume
- 9:31search terms that I knew were going to really hit home and not create content around those because
- 9:36I knew people were super inquisitive about these topics. Whatever it is, they're going to talk
- 9:41about their process. And I've done that stuff too. Like what I just what I just mentioned.
- 9:46And I got that from Neil Patel, who's a massive business influencer marketer, really focused on
- 9:52SEO. So yeah, successfully tons of clues. You just got to do the research. A lot of people just
- 9:57don't want to do the research. And you need to trust yourself. So I think that's another really,
- 10:01really good piece because I think Brandon Dawson was a person that asked me at some point. And he's
- 10:08been mentored by John Maxwell and other really incredible people. And he's like, do you trust
- 10:12yourself? And the truth is I do. So everything becomes easier when you're reflecting back and you're
- 10:19saying, you know what? I know I'm going to make it happen. Now the only question is how far? How
- 10:24high? How fast? These are the questions. And when you change the questions, everything shifts
- 10:30because it's not, will it work for me? But how far can I go? And I think that commitment of 10
- 10:35years that you're doing to yourself. I think it's brilliant because you have to change the questions.
- 10:41And the other thing that you should find a way to do is find a way to do the thing for 10 years.
- 10:46What does that mean? It means that maybe the first version of it isn't quitting your job.
- 10:51Maybe the first version of it is finding your first two, three, four, five customers while you're
- 10:55still working full time. So understand the time horizon that it would take. The amount of time
- 11:00it'll take and architect your life so that you can do that. It's not as complicated as people
- 11:06think it is. The version of entrepreneur that people first think of if they're going to start
- 11:12their own thing is, well, I'm not a Stanford dropout and I'm not building a multi trillion dollar
- 11:17company. So what am I doing trying to build my own thing? The most successful version of entrepreneurship,
- 11:23the one that is not really talked about and is not really sexy and is not covered in anchor,
- 11:27fortune or Forbes is statistically the person who has worked in industry for 30 years and they see
- 11:33a problem in that industry that no one else would ever know about and they build a solution to
- 11:37that problem and it's so niche. Riches are in the niches, right? But that is a version of entrepreneurship
- 11:43that actually has a very high success rate versus the shoot from the hip build a SaaS startup.
- 11:50You know, I'm 25. I know nothing about basically anything. I'm just a developer and I'm going to
- 11:55try and build something from scratch. Yeah, sure. It can work. That's your 99 plus percent failure rate,
- 12:01right? So people have to redefine entrepreneurship as well. It doesn't have to be all or nothing.
- 12:06It doesn't have to be when you're 25. It doesn't have to be quit your job and hope you make it and
- 12:10figure it out in three months. It has to be building something that's your own that has the ability to
- 12:17make a massive amount of wealth. And by a massive amount could be a million, a million five a year
- 12:25which is going to set you up and also help you think differently than somebody who's just
- 12:30worked at W295. So you can understand how to leverage how to create scale, how to invest.
- 12:37All these different things that just set you up for, in my opinion, a better life because you're
- 12:43forced to learn these things. That's a version of entrepreneurship that anybody can get behind
- 12:48eventually. So it doesn't have to be an all or nothing and it doesn't have to be an IPO or even
- 12:53a hundred million dollar company. It can be something much much more comfortable. And I think that
- 12:58it should be something much more comfortable because I also don't think the version of entrepreneurship
- 13:02where you're working 80 hours a week for five hundred thousand dollars a year is fun and what most
- 13:08people want. But also the version of entrepreneurship where you're running a billion dollar company is
- 13:12also what funny enough most people would not want. So you have to also know as an individual what
- 13:18your North Star is and what your life looks like and what balance you want and you want more time
- 13:23with your kids. What is your life? So don't just chase after like this cliche version of entrepreneurship
- 13:30and it's also very important. I think that is such a great point to really understand. And we put
- 13:37a lot of focus and leap academy about what is your clarity? What are you even trying to achieve?
- 13:42Right? It's not just a paycheck. What is the life that you're creating with it? And for me the
- 13:48big distinction is also I believe people will start creating more portfolio careers which is
- 13:53somewhat of what you're describing, right? It's like I might have this thing incorporate right now
- 13:58but I'm going to start advising and mentoring and getting some equity here and there and now I see
- 14:02a problem and I'm going to start creating that too and that and you started to create this incredible
- 14:07life of diversity and that is also aligned with what you want to achieve in life and your level of
- 14:14success. But you also touched something and I have to go back to that because you mentioned massive
- 14:19loss and as much as I want to paint the vision of everything is pink and roses it never is
- 14:26there's a lot more. Of course I'm talking about doing something for 10 years. It's not like that's
- 14:31fun. It's not like it's easy for 10 years. So share a massive loss. Can you share something personal
- 14:38that you felt like shaped you or something that was really challenging? Well a couple things
- 14:45I've started a fair amount of companies that you will never hear about because they're not successful.
- 14:52Those are all losses like if if you don't see me actively talking and not not everything that I've
- 14:57done in the past there have been obviously some wins but if I don't talk about it on the podcast
- 15:02and you don't see it on my LinkedIn there's a good chance. I lost a lot of money trying to figure
- 15:08something out. I would say that my massive losses usually come from being naive and having an ego.
- 15:15So outside of trying to build a business it didn't work. It's funny. If you achieve success in one
- 15:21arena as humans we have this fallacy we have this incorrect thought that we'll be good in another
- 15:27arena. So what is most recent in my mind is moving from operator to investor. So a lot of people
- 15:35think because they can build a good company they can also become great angel investors and that
- 15:40is not the case. So I won't name some of the companies that failed but I've lost a fair amount
- 15:45of money thinking that I know how to invest just because I built a good business and I thought
- 15:50that I could translate those skills that are putting in the reps and basically without doing all
- 15:55the steps and aligning with the right people and learning from the people that have done it before
- 15:59that allowed me to be successful in building businesses which is silly. So I think that
- 16:04there's never a point when you're quote unquote done and it's very easy to get humbled very quickly
- 16:10doesn't matter what level you play at. So I think that this is a long way of saying you're never too
- 16:18old to basically have this learning mindset. There's never a point in your career when you can just say
- 16:24I figured it out I'm going to easily translate those skills into something else and I'm sure I'm
- 16:29going to be fine because you could be but there's a big chance that you won't be. So a lot of it is
- 16:34putting your ego aside regardless of what you've accomplished before. I think that's probably one of
- 16:38the most relevant lessons that I've learned over my career. And to me what you just said I think
- 16:46really hit home and I wish I heard that about a decade ago because one of the big things again
- 16:54I already collected wins did some amazing things vice president oh if I know how to do this
- 17:01I can totally do entrepreneurship right no because the thing is what got you here is not what's
- 17:07going to take you forward right and I had the same thing with investment because in fact the fact
- 17:13that I was a really good operator actually created a problem because instead of looking at what's
- 17:20not good enough and where the holes and why did the team not figure this out I would run
- 17:25immediately into the solutions oh you can do this and this and this and this and this that's
- 17:29exactly not what I was supposed to do. So I think really opening your eyes to that humble you know
- 17:38getting rid of ego being let you know a little more humble and really understanding that you know
- 17:44if you're not there and there's a set of skills and that leadership led that you're going to need
- 17:49to move otherwise you are not getting there and I think that is a realization I wish I had.
- 17:55I would say one more thing to this than I think this is maybe a little bit contrarian but a lot of
- 18:01people when it comes to investing for example they say to diversify immediately it's fine to
- 18:07diversify if you have other people who know what they're doing helping you diversify but if you are
- 18:13at the level where you can start to invest I would say niche down with the thing that you'd know
- 18:18better than anyone else and you have an unfair advantage in understanding how that asset can
- 18:24perform. So what I mean by that is if you are a SaaS founder and you build a SaaS company and you
- 18:31exit that it would probably be good to either do an angel play in SaaS in the category that you
- 18:36were building or even like a private equity roll-up situation if that's viable for whatever category
- 18:43industry that you know because when you start to diversify even in slightly adjacent industries
- 18:50there's all these nuances that you really don't know and you can always hire people or you can
- 18:55hope that the people you're investing in know the industry better than you but you'll always be
- 18:59slightly at a disadvantage so the best investors that I know especially when they're first
- 19:03starting out I'll give you an example a good friend he's in real estate and he only does the
- 19:08attached homes fix and flip in Ohio that's how niche he is now living in South Florida he's not
- 19:15investing in South Florida right now he's in he's still doing Ohio and doing Ohio since he probably
- 19:20came down here four years ago because that's what his whole career so he knows the permit process he
- 19:24knows the people in the city is office and he's not a small time investor he probably has 100
- 19:29doors at this point which is not huge but it's definitely not starting out and he's very successful
- 19:35and he knows his one particular thing better than anybody else so it's funny because I'm telling
- 19:39you that from an investor perspective as an operator in a company if I'm building a company or I'm
- 19:45going to work at a company or I'm starting a company from scratch all I would care about is my
- 19:49unfair unique advantage that no one else knows about which would allow me to be successful especially
- 19:54if I'm an entrepreneur starting a company I think that Peter Thiel calls it an earned advantage
- 20:00or something like that but the point is the concept is you've earned over the course of your
- 20:06career and your knowledge and your experience maybe he's called it earned insight this super
- 20:11specialized unique perspective review that will allow you to be successful in building the thing
- 20:17that you're building that no one else really outside of the industry would ever have so that earned
- 20:23perspective or earned advantage whatever it's called that is so important when I'm building a
- 20:29company why would it not be important when I'm investing in a company why would you want to put
- 20:33yourself at a disadvantage like stack the deck in your favor all the time and that's how you win
- 20:39you'll see that people not very many people some will have one company those switch industries
- 20:44but like my favorite entrepreneurs are the people that build a company and they sell it and they
- 20:49wait for their non compete to expire and they know the company that acquired them is going to screw
- 20:54it up because a lot of acquisitions are screwed up after the required by private equity and
- 20:57they'll just go build the same company again why would you not why would you bother trying to
- 21:02figure out something else so I think that that's something that we always have to think about how can
- 21:07we dominate in this better than anybody else amazing so Scott what do you think are some of those
- 21:13moments and pivots that brought you to become that person that is entrepreneur investor author
- 21:22300,000 subscribers 1.4 million followers what are the pivots that brought you to be here
- 21:32one very particular pivot was when I had joined the company so my parents very risk adverse
- 21:40think government is little risk as you possibly can have in a career so I didn't understand
- 21:46ownership I didn't really understand that concept growing up I didn't come from a family of
- 21:50entrepreneurs that owns something so I think that a pivot in my life or an awakening was one of the
- 21:56companies that I joined as an employee I was leading sales at this company but I was still like an
- 22:02employee they were acquired by private equity and I didn't have equity but I saw that transaction
- 22:07happened and I saw the payout and I'm like hmm this is interesting because as employees you have to
- 22:14think you got to basically be on the lookout for number one for yourself for whole career the reason
- 22:20why I was so interested in working in tech and so interested by that acquisition or exit event
- 22:25was because I saw the pensions that people used to have that created safety now no one has a
- 22:32pension very few people have pensions anymore the way that our parents or grandparents had pensions
- 22:39meaning that in even private industry they had 70% of their best years paid out to them after
- 22:44they retired until they died or some version of that so we don't have that anymore so I will always
- 22:50thinking okay if I want to retire or if I want to not work until I'm a hundred how much money do
- 22:56I have to have in the bank to basically retire and it was a big amount of money that basically
- 23:01lasted me from 65 until 100 right so how do I make that kind of money and I couldn't figure it out
- 23:08with the salary if I figured it out with the salary living in a major city even if I invested and
- 23:14I was smart about investing like it would still be difficult it'd be not easy I'm okay I got to
- 23:19find a way to make a lot more money so private industry was my first foray into
- 23:24finding some kind of position that allowed me to make enough money to retire comfortably and then
- 23:28I saw entrepreneurship and I saw the opportunity for ownership and that just ownership in terms
- 23:33of equity and company but then ownership and assets and wealth creation versus just making more
- 23:39money and delineating your time versus the amount of money you make which is something that
- 23:46as a w2 that's pretty much how you value your work I put in so many hours I get so many dollars
- 23:52so that being in the environment of entrepreneurship exit event founder made a ton of money when
- 24:01that was acquired I was like hmm this is something that's interesting to me this is something I'd
- 24:05got to figure out that's amazing and sometimes we work with clients and we basically say where do
- 24:12you want to be in the bracket because to make your first million you can have I don't know 10
- 24:18years of 100k you can have four years of 250k or you can find 10 clients that will pay you 100k
- 24:25or 100 clients that will pay you 10k etc right like where do you want to actually be because nothing
- 24:31is impossible the only question of what's right for you but you also put a lot of focus on personal
- 24:37brand and I do want to go there for a little bit I have to believe that that's probably one
- 24:42of the most important skills for the future of work what made you focus on it and how do you go about
- 24:49it I focused on it because I didn't want to have to start from scratch every time I started a new
- 24:56project I'm a marketer right a marketer I'm a salesperson I'm not a technical founder I was always
- 25:03on the revenue generating side of a business and when I was building my last company and that was
- 25:08acquired at the end of COVID it was a broadcast software company and that's when I started to
- 25:13really understand that okay it's going to be like all the other companies that I've helped
- 25:18out a lot of mentoring advisory I probably worked with I'm sure about 200 different companies
- 25:23over my career today in different capacities paid pro bono all over the map and I was like I'm going
- 25:29go in I'm going to help this company scale they're going to be acquired and then I'll have another
- 25:34little line on my resume but if I ever want to start something from scratch nobody really knows
- 25:38or cares who I am I know the company is not going to IPO it's not going to be like one of those
- 25:43entrepreneurs that build a billion dollar company that will give you a little bit of social proof
- 25:48so I got to start building my name I got to start building my name so that regardless of if I start
- 25:53something new if I decide to do more consulting stuff if I want to go work for another company
- 25:59I want to have eyeballs on me so that I can reduce the friction of building anything else
- 26:05because if you have eyeballs on you there's already that trust built I'm looking at the Gary V model
- 26:10right where he has a massive audience any launches empathy wines and VaynerMedia and VaynerSports
- 26:15and his NFC project and whatever the model's already there I'm a good enough marketer to do all
- 26:21the things and that's an important point because I didn't spend 20 30 40 50 thousand dollars a
- 26:25month on an agency or a team to start I forced myself to learn all the things so at the beginning
- 26:33I'm a very big fan of forcing yourself to learn all the things from everything from
- 26:37copywriting audio video editing coding up websites graphic design like you pick the marketing to
- 26:43SEOing a website like you pick the marketing task I've done it and I always operated like that
- 26:51and even when I was managing in running sales teams I was like I'm going to call the customers
- 26:55I'm gonna jump on discovery calls I'm gonna listen to what their pain points are and why they don't
- 26:59want to buy from us and then after I've listened to all those then I'm gonna tell my sales team
- 27:03how I'd like them to function because as a leader I don't believe you can ask somebody to do
- 27:08something unless you've done it before which is why I have a big issue with MBAs being transplanted
- 27:12in and to see sweet positions I think it's usually more often than not not always a slight miss
- 27:18so I'm a big fan of doing the thing first I don't like people that manage from their desk
- 27:23I think it's a useless management style that you're completely out of touch and it is a good way
- 27:27to piss off good talent in a company so they respect people that do the thing before they do it
- 27:33for sure and it also helps you with hiring it helps you tell if somebody's full of shit when
- 27:37they're hiring what they've accomplished like you it just is variety reasons a really good way to
- 27:41lead so yeah I would do all the things myself and then I would codify them I would build systems
- 27:47around them and I have my own system for like how I record my podcast and how I turn that into
- 27:52like a hundred pieces of content I spoke about that before I can go through it quickly as well but
- 27:57yeah it was really just I want to build an audience and a community and the strategy I deployed
- 28:03was a strategy that didn't take up too much time it was a very scalable strategy it allowed
- 28:10me to put some thought leadership into the world it allowed me to align some really cool business
- 28:14leaders via podcast kind of like what we're doing now and I said I'll do this for 10 years and see
- 28:19what happens and I set myself up including the type of content that I create so that I could do it
- 28:25for 10 years and I would only do things that I could afford financially to invest in in terms of
- 28:31team or whatever or I could do myself that would only take as much time as I could commit because I
- 28:36knew again if I'm going to do it which is a issue that a lot of people have they over commit to
- 28:41stuff and they overspend on agency they overspend on upwork or five or they over invest 20 hours
- 28:47a week of it and then by month two like I can't do this anymore because I'm running out of time
- 28:51and I don't have time for working kids I just listen to my own strategy which is I got to find a way
- 28:56to build an audience for the next 10 years and the model's already proven I look at the other
- 29:01influencers a launch companies against their audiences and if I can effectively do that then
- 29:06whenever I start something new I'm going to have an audience I'm going to have trusted eyeballs
- 29:11looking at me that I can at least test my new product out and if it works then I can actually
- 29:16launch it I can sell it to them and I can save myself probably a couple hundred thousand dollars
- 29:22in advertising costs that was really it that was my thought process for why I started it
- 29:27and to me that's incredible because the truth is people will reinvent themselves and leap again
- 29:33we're actually seeing an accelerated pace that we've never seen before people will change
- 29:39function industry technology responsibility whatever it is they're going to change it every year too
- 29:45if not more so the truth is you can account on instead of starting from scratch again again like
- 29:51you said which I love you're actually reinventing yourself but you're basing this on a brand that
- 29:57already exists and already powerful and that is the easiest way to combat what we see in ageism
- 30:04sometimes in corporate ladders how do you rise above the noise and get out of the people's pile
- 30:10because everybody's trying to sound the same and I do remember also a time when I left corporate
- 30:17my identity was always tied to the title and to the company you know that was my identity and
- 30:23suddenly you're a nobody you don't want to be a nobody you always want to be a somebody
- 30:28don't think about the leverage you have over companies because traditionally employees did not
- 30:32have leverage over companies it was the other way around obviously now you can make an argument
- 30:37you're a great c-suite leader but still companies will get rid of you the second you screw something up
- 30:41so I've seen some great sales reps this is kind of the people that I follow and I pay attention to
- 30:46some great sales reps that have become influencers in their own right while working for a company
- 30:51some of them stay with the company some of them go on to do their own thing go on to be thought
- 30:55leaders go on to be asked to speak on whatever topics they can speak on outside of even being
- 31:00affiliated with the company and I bet if you go into the LinkedIn DMs of those people they're probably
- 31:06getting overwhelmed with hey can you help me on x strategy for my company so while you're working
- 31:12in a company you're building a brand for yourself thought leadership based on what your expertise is
- 31:18it's not only helping the company because now they have another voice in the market broadcasting
- 31:23what you're doing it looks good it's also future proofing yourself right so the company's probably
- 31:28not going to want to get rid of you because they're getting like media impressions through you
- 31:33but if they do get rid of you I remember when I first started putting stuff out most of my content
- 31:38was less entrepreneurship and less motivation and less upscaling and it was like very specifically
- 31:45sales and marketing tactical I would probably have a job offer or a consulting offer once every two
- 31:52three days you kind of just set yourself up for success again that's a version of entrepreneurship
- 31:57if you choose to build your own thing you don't need to make it into a hundred million dollar company
- 32:03you can just with less stress migrate from working for a company to I already have a funnel of
- 32:11clients which is the most beautiful thing in the world to start out with as somebody exiting corporate
- 32:17so I think there's a ton of reasons as to why literally everyone should do it and I am of the opinion
- 32:25that if a company does not want you to do it you should go work for a new company that supports
- 32:29your goals because if done properly it's going to support the company and it's going to support
- 32:33your future growth as an employee or professional entrepreneur whatever I completely agree and I think
- 32:40the other point that was feel really strong that I think everybody needs to figure it out is
- 32:46sometimes people don't want to do the minutiae they don't want to do the manual task they don't want to
- 32:51do the day-to-day editing a video figuring out ads like they don't want to do that right but the
- 32:59truth is just like you said if you don't do it initially how will you write a job description how
- 33:04will you hire the initial people how will you write whatever like you're going to get so screwed by
- 33:10agencies if you don't do it yourself first and now you have AI tools honestly if you're complaining
- 33:15about the work now if you complain about the little bit of work required to make you famous
- 33:21get millions of impressions basically radically change your life and you can't even use the five or
- 33:27six AI tools that will let you do this for like five to ten hours a week max max then honestly
- 33:33I don't know how to help you there's a point where you do have to take care of yourself and
- 33:38okay some people have busy lives I get it but very few people and this is not again hard and
- 33:44fast for but very few people are from six in the morning till one at night no downtime very few
- 33:53people have zero leisure in their life so I'm just saying a few hours of leisure just move it
- 34:00somewhere a little bit more productive that's it and then learn about AI tools because it's
- 34:05way easier than even when I started video editing is probably the most time consuming task you
- 34:09can possibly do as a creator I mean it probably takes longer than writing copy graphic design some degree
- 34:15but now they have AI tools like opus.pro you put in a long form video gives you like 20 different
- 34:20short clips okay fine it's not going to be like you're paying somebody $50,000 a month to edit them
- 34:24but it gets you started it gets some exposure and if your thoughts are good and there's a whole
- 34:30strategy behind how do you clarify your thoughts which is why I like writing so much because it allows
- 34:35me to really fix my thought process and my thinking if you have clear thoughts you write you read
- 34:41you record a little bit of content use AI to chop it up all of a sudden you've started to build an
- 34:46audience and a network and a community so it's not like complicated half the stuff that I'm telling
- 34:51you to do is just good for you to do anyways is an individual read write up skill yourself and then
- 34:55take that shit and put into an AI tool and start posting that's it I love that you said that and
- 35:01I think for many many people you know it's like but I don't have the strategy I'm like no you're
- 35:05just scared and that's okay let's fix it but it's all the rest what will people say and how will
- 35:12I be seen and what if I make a mistake and it's not perfect oh my god it's not perfect but who
- 35:18cares because honestly you're going to be forgotten about anyways you would be so lucky so blessed
- 35:24if you make a mistake and anybody notices it in 2024 unless you are a complete asshole or racist
- 35:32POS which yeah you have a whole bunch of other problems if you're just posting real thoughts that
- 35:38you believe in about your work or about a certain topic yeah you're going to have some polarity
- 35:45having a spiky opinion is good don't be an asshole but having a spiky opinion is good you're
- 35:50also going to build a tribe of people that agree with you I don't really need to be liked by
- 35:56everyone you don't need to be liked by everyone again what's the goal right what's the goal your
- 36:01goal is to make a little bit of money on the side you just did the math to make a whatever a hundred
- 36:07thousand dollars or a million dollars whatever that math was you broke it down like five or six ways
- 36:11so you don't need that many people because none of those ways of making a million dollars involved
- 36:16to hundred thousand people in fact very few of those ways even involved more than 500 people
- 36:23and 500 people like friends and family everyone has like 500 followers exactly it is excuses but I
- 36:29think it is also another layer does fear right you make decisions you take risks what helps you
- 36:38get over the fear and I think some of it is a vision and what we talked about but I would love to
- 36:42hear you I think I really just pay attention to all my wins because what is fear based on fear is
- 36:50based on you screwing up or you losing or you messing something that's what fear is fear is there's
- 36:56this potential adverse reaction that could happen but I think you also have to think about this is
- 37:03going to sound so cliche right like the regret of not trying what is the regret of not trying if
- 37:09you fast forward to when you're a hundred years old if you had a conversation with that person
- 37:16would they tell you that they are so happy that they avoided a negative comment on social or
- 37:24are they going to tell you wouldn't have been cool just to see what if right at the end of the day
- 37:31what is really going to happen that's so bad that you cannot recover from when you've won so
- 37:36many times in your life up until this point and that is incredibly important people forget we
- 37:43can always reinvent ourselves you can always get another job a whole other side point very few times
- 37:49in my career because I've been part of a ton of different companies I've had to let people go I've
- 37:55been part of organizations where there's been huge playoffs very rarely do people not end up and
- 38:02even a slightly better spot than where they are right now very rarely so if you are of the mindset
- 38:10that you're going to learn you're going to teach you're going to educate you're going to give
- 38:16value to the world you're going to upskill yourself by learning all these new skills are you kidding
- 38:21me that you don't think you can get another job the mentality of somebody that would do that
- 38:26anyways is so employable it's ridiculous so I think that people really just get caught up in
- 38:32their head I'm just thinking about it now somebody told me like hey I left my job I tried to build a
- 38:37company I learned every single facet of building a company I'm radically more useful than I was two
- 38:45years ago but the product I tried to bring to market wasn't great I had some unexpected medical
- 38:51bills but in the meantime I know this entire new gamut of things that I didn't know when I left my
- 38:58job I'd be like yes please like like please come work for me and apply like a fraction of that
- 39:04energy to your nine to five because you're going to kill it somebody who's I think that term is
- 39:09auto-died act a self-taught individual somebody who operates like that and things like that they're
- 39:14going to kill anything they do they're just going to demolish everyone else it's a super employable
- 39:20just to be that kind of person I love that and there's never a traffic jam in the extra mile so
- 39:25you want the people that are in the extra mile and you can see that they're going to be in the extra
- 39:30mile but let me ask you something you have a bunch of followers but there's a saying that and I
- 39:38think you said that right it's lonely at the top but crowded at the bottom at least I think I
- 39:42heard it from you yeah that's it and John Maxwell calls it the people pile there's a ton of noise
- 39:49for me it's interesting how do people reach you and how do people rise above the noise how should
- 39:56people rise above the noise yes it's lonely at the top but again you're going to motivate yourself but
- 40:02crowded at the bottom yet it's crowded so what do you do authenticity is thrown around a lot but I
- 40:08think it's sort of like table stakes now so you've got to be honest about what you believe and what
- 40:11you don't believe I think the people can pick up on that pretty quickly I don't think that trying
- 40:16to be polished or trying to be corporate when you put yourself out into the world benefits you
- 40:22I think sticking to it for an unreasonable amount of time you kind of bully your way into being
- 40:27known to a degree because you keep showing up which is like listen it's not the final strategy
- 40:34but it's a strategy to get feedback as to what resonates and what doesn't but if you show for
- 40:39long enough time you will get feedback if you are authentic in your thoughts and what you believe
- 40:45you will stand out and then obviously you have to know where you want to take that brand
- 40:50because you have to have a North Star attached to it so it's not just wandering aimlessly and it can
- 40:53evolve but then you do what good business people do when you look at the numbers so you again table
- 41:00stakes is you talk about stuff that you believe in that is authentic to you and whatever messaging that
- 41:05you're trying to get into the world whether or not it's about I want to be the best pet expert in
- 41:10the world I want to be an authority on sales and marketing or I want to talk about AI tools or
- 41:15whatever it is talk about stuff you care about from a lens that is true to you and then you measure
- 41:21and you're not ignorant some content works and content doesn't just do more of the stuff that works
- 41:26so a strategy that I've used that I've heard other people use as well I don't know who originally
- 41:32came up with it could have been her mosey but I found it works very well it's used Twitter for
- 41:37example is a testing ground so you ask me like how do I create content that stands out well
- 41:43tweet 20 things look at the idea that has the most engagement turn that into a short form podcast
- 41:50turn that into a newsletter turn that into a graphic that you put up on Instagram you've
- 41:54already tested that this idea resonates with the market it's the same way you do a focus group
- 42:00for a new product launch in a company so you just have to have a testing ground and then you
- 42:04consistently first of all you can keep some of the ideas and you can put them out again in six
- 42:09months through a year and you can have a bank of great ideas it really hit but all of your content
- 42:15now it's based on stuff that you care about but you're not putting out content that doesn't resonate
- 42:19with other people so you're focusing on consistently putting out viral pieces of content or at least
- 42:23popular pieces of content so your whole content mix and the engagement that comes from it is just
- 42:28probably I can't put a factor on it but like a factor of 10 or 15 or 20 X if you were just
- 42:34ignoring the noise in the market and putting it whatever you felt was good so I think that feedback
- 42:39loop about what works and what doesn't and whatever your feedback loop is just find one I just
- 42:43think of Twitter as the best testing ground because it's like a really low amount of effort and
- 42:48it's very forgiving versus say for example you too if you're putting out a whole bunch of reels but
- 42:53yeah if you want to put out 50 reels then look at the reels that hit home and then those are the
- 42:58models that you know base your future content off of and you do that for like five or six years
- 43:03you're going to be known incredible so it's still the same we just need to continue when everybody
- 43:09else stops so that you can live a life that most will only dream of right it's basically the same thing
- 43:14but there's also no end to it right people are like oh Scott has some followers cool you know who
- 43:20I'm looking at I'm looking at the podcast that gets 20 million downloads a month I'm trying
- 43:24not to do too many cliches but enjoy the journey for real because it never ends and I'm talking
- 43:30about my little content and influencer and podcast or journey but I have friends who sold companies
- 43:36for half a billion three quarters of a billion over a billion dollars and they have their own
- 43:42next thing they want to work on and they are very well aware that there's another level after that
- 43:49painfully aware because when you start to make that kind of money and you start to have that kind
- 43:52of fame and influence then the people that have sold their companies for several billion
- 43:58they're now in your sphere so you're very cognizant of the fact that yeah okay so I had good success
- 44:04but I'm not flying a seven thirty seven so again there's no end and I love that and again there's
- 44:10a saying that says if you look only up you get dizzy you know you need to look down from 10
- 44:15to 10 so how do you balance the two I like that saying a lot that's a good saying that's why
- 44:23pacing yourself is so important pacing yourself it's I think the key to success and most things
- 44:28it's not a sprint it's a marathon but if you think about building a business a relationship
- 44:35losing weight even I used to play a lot of sports and I remember one of the most important things
- 44:41I played a lot of hockey obviously it translates into any other sport but one of the most important
- 44:45things is you need to have gas in the tank for the third period and for all of my American friends
- 44:51who don't care about hockey that means like you know fourth quarter or second half whatever it
- 44:55doesn't matter you have to have gas in the tank is why I don't love motivation I hate the concept
- 45:01of motivation because motivation is just like initial flash in the pan initial burst of energy
- 45:07it doesn't stick and it doesn't stay and everything's going to be hard and when hard
- 45:12shit happens motivation is gone so whether or not you find a way to financially support the
- 45:18journey mentally support the journey stick with it for 10 years whether or not you adopt some
- 45:24habits from James clear whether or not you build systems and processes all of it's important
- 45:29the point is longevity the point is spending an unreasonable amount of time doing the thing
- 45:34that you're trying to do because that will separate you from the masses at the bottom and make
- 45:40you one of those lonely at the top people but whatever that's where most of the people are listening
- 45:45this are trying to go right they're trying to break free from the pack and that's where the
- 45:49unreasonable amount of time comes in that it's incredible you mentioned your podcast actually
- 45:55which is fascinating you have some brilliant speakers there who should listen to it I would say the
- 46:02podcast is a lot of what we spoke about today so there's some very tactical business lessons
- 46:08because I've interviewed everyone from founder of Netflix founder of Reebok interview Beyonce's
- 46:13dad I've interviewed some very cool interesting people so very tactical business lessons but also
- 46:20if you notice when I'm talking myself what I believe in is tactics combined with mindset the
- 46:27mindset that lets you do the thing for the long enough period of time so I bring a lot of people
- 46:31to speak about the mindset as well that will hopefully allow you to do the thing you're trying to
- 46:36do for a long enough period of time with energy and enthusiasm clarity whatever it is so that's
- 46:43it it's like a upskilling because I believe that if you want upskilling business it's not just learning
- 46:48how to run a better Facebook ad campaign there's a lot of mindset that is required to be successful
- 46:53I love it and you do talk a lot about you have some hard moments and getting out of rock bottom
- 47:00and I've seen some really really really interesting stories there so absolutely highly recommend it
- 47:06we have a little thing that we do in our podcast which is when you're looking at your younger self
- 47:14what would be some of the advice that you would give yourself in retrospect
- 47:20it's funny because I ask this question too and I'm now to think of an answer it's much easier to
- 47:25ask the questions right then to answer them I would say take more risks and trust yourself
- 47:34because I truly do believe the kind of person that takes risks more often than not we'll find a way
- 47:41to get through the hard times and to become their own version of success I feel like
- 47:47the traditional career path what we think and consider to be safe is not safe at all I think
- 47:53that's a mirage a complete mirage I think we've all seen during COVID but I've seen personally
- 47:5830-year careers ended because of a number missed so I think that I'm saying take more risks I actually
- 48:06think by taking more risks you're actually playing a safer game because you're going to learn things
- 48:11that no traditionally safe career can ever teach you and I think that if you take those risks
- 48:17meaning you try and do your own thing you build your own business whatever it is do things that are
- 48:22maybe a different style than how your parents were raised whatever doesn't matter I think it'll
- 48:29just make you a more resilient person and I think that those kinds of people win I love that
- 48:34Scott thank you so so so much for showing up giving your authentic self being so fun yeah I feel
- 48:43like we're speaking such the same language so it's just awesome to hear it no yeah we're very
- 48:51much kindred spirit thank you so much for having me on