Latest / Success Story with Scott Clary / Ilana Golan - Founder of the Leap Academy | Restarting Your Career at Any Age
Transcript
- 0:00Nothing prepares you for starting your own business.
- 0:03Beer can be numbing.
- 0:04In a relatively young age, basically, 18, 20, 21,
- 0:09you find yourself with more responsibilities than I probably had at age 40.
- 0:13When you are always in a proving mode, you can never admit to a motion.
- 0:17You just gonna go, go, go.
- 0:19Charge your worth. You can move people's minds.
- 0:22The challenges are inevitable. They're gonna be there.
- 0:24Success leaves clues, but we sometimes don't look at them.
- 0:27When we're our younger self, we don't boundary our self.
- 0:31And we just know what works and we go chase it.
- 0:34Teach them well enough so that they can leave.
- 0:36Treat them well enough so that they don't want to.
- 0:39If you don't trust yourself, you will never be extraordinary.
- 0:44Welcome to Success Story. I'm your host, Scott Clary.
- 0:48The Success Story podcast is part of the HubSpot podcast network.
- 0:51Very exciting news. HubSpots inbound converts is back,
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- 1:01from September 18th through the 20th live and boss.
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- 1:55All right, Elana, I'm very excited to chat today.
- 1:58We're gonna go into all things, career transition,
- 2:01entrepreneurship, mindset, all the things that you've experienced in your own life.
- 2:05And I mean, you work with so many different
- 2:07incredible entrepreneurs and executives.
- 2:09But I want to kick this off because you've had a really
- 2:12interesting origin story.
- 2:15When you look at all the things that you've done,
- 2:17what would you say is more difficult?
- 2:20Would it be you being an engineer?
- 2:24Would it be you flying an F-16 fighter pilot?
- 2:28Or would it be you building a business from scratch?
- 2:31What's the scariest that of all those three?
- 2:35Yes, I had a lot of weird things in my life.
- 2:39But I think nothing prepares you for starting your own business.
- 2:44If I'm being really, really honest,
- 2:47I think the fear can be numbing.
- 2:50And like you said, I went to a lot in my life.
- 2:53So when I thought about it, I was like,
- 2:55oh, nothing is gonna happen to me.
- 2:56I just got this.
- 2:58And no, I hadn't.
- 3:01So I think that was like a realization that was really
- 3:04humbling and a very interesting slap in my face.
- 3:09Well, I would say so not everybody who listens to this
- 3:12has been part of an army, any army, flown at F-16.
- 3:17So that's obviously a very unique perspective.
- 3:22And I'm curious how that shaped your view of entrepreneurship.
- 3:27Some of the lessons that you went through when I'm assuming it was it IDF?
- 3:32Yeah.
- 3:33Yeah, it was IDF, so mandatory military service, right?
- 3:36And then you chose to go into the Air Force.
- 3:40How did that sort of shape your perspective on hard work,
- 3:45on putting in the reps and eventually how did that help you out?
- 3:49Oh, it's an incredible question.
- 3:51So it a relatively young age, basically, 18, 20, 21,
- 3:59you find yourself with more responsibility
- 4:02than I probably had at age 40, right?
- 4:04And I don't know if we understand that when we're that young,
- 4:09if I'm being really honest.
- 4:11I think I didn't even realize the magnitude
- 4:15of the things that we were doing.
- 4:17And as much as I wanted, at that point,
- 4:22women were not really allowed to be beyond combat lines.
- 4:26Like there was a very clear regulations around it.
- 4:29So I went to become a flight instructor.
- 4:32And there was a lot around breaking barriers.
- 4:34So how do we break barriers and how do we prove
- 4:37that women can do this too?
- 4:39And I learned some really hard lessons at that point
- 4:44because I was always in this proving mode.
- 4:46I need to prove myself.
- 4:48I need to be better.
- 4:49And when you are always in a proving mode,
- 4:52you can never show vulnerability.
- 4:54You can never admit to emotions.
- 4:56You can never admit that something is scary.
- 4:59You're just going to go, go, go.
- 5:01And inside it's eating your alive,
- 5:03which is really, really interesting and dynamic,
- 5:06but you always hide the fear.
- 5:07You always hide all the things that come up for you.
- 5:11But I did learn some really interesting things,
- 5:14especially there was one specific occasion.
- 5:16I don't know if you want to go into it,
- 5:18but there was an emergency in the air.
- 5:21We needed to help somebody land.
- 5:24And it wasn't clear if they can land
- 5:26or they're going to need to eject in the sea.
- 5:31And I remember trying to help them decide
- 5:34and really experiment with it.
- 5:35And it was literally life and death decision
- 5:37that I'm like, I don't know if I can do this.
- 5:40And...
- 5:40How old were you when you were doing that?
- 5:42I was probably around 20.
- 5:45That's...
- 5:46Like, that's incredibly young.
- 5:48To be making those incredibly scary.
- 5:50Yeah, you're no kidding.
- 5:52So you literally realize that every decision you're about to make
- 5:56can be a life or death decision.
- 5:59I was looking around me like,
- 6:01is there somebody that will pick this up from me
- 6:03because I don't want to make that decision.
- 6:06And on the other hand, no,
- 6:08I'm the person that is training them on emergencies.
- 6:11I should be the person helping them when it's real.
- 6:15And at that point, what I realized,
- 6:17and we can fast this forward a little bit,
- 6:20and at the end of the day they did land fine
- 6:24and it was an incredible teamwork that made this happen.
- 6:30But what I learned is a lot of lessons
- 6:32that will live with me for the rest of the life.
- 6:34And I think the first thing is a mission.
- 6:38So I don't think I ever thought about a mission that, you know,
- 6:41that well, like I was just like,
- 6:43yeah, we're just kind of doing this thing, right?
- 6:45But I suddenly realized my mission is to train these pilots
- 6:50to defend my country and come home safe.
- 6:53If my training is not doing that, I missed everything.
- 6:57And suddenly when you see the bigger perspective,
- 7:01you suddenly know what you need to change.
- 7:03Suddenly things become so much clearer.
- 7:06And you know that you need to train better.
- 7:08You need to change the whole education system for all the pilots in Israel.
- 7:12You know, like suddenly things become so much clearer
- 7:15when you're just willing to look a little higher, you know, above,
- 7:19you know, the 30,000 for you and say,
- 7:22what is really needed?
- 7:23Which is a big thing that we're bringing to entrepreneurship today
- 7:26or to my business or to other executives today.
- 7:29The other thing that I would probably point to
- 7:33beyond just the breaking barriers, which is, you know,
- 7:36it just teaches you that it's possible.
- 7:37But I think the second lesson that was really important
- 7:40is to know your audience.
- 7:42And it sounds like a cliche,
- 7:46but it's incredibly important.
- 7:48So I have the story where, you know,
- 7:51I'm giving feedback to one of the pilots in another occasion.
- 7:56And then he comes up there and, you know,
- 7:58and I can feel, you know,
- 7:59how you sense that things are not going well.
- 8:02And you're like, I don't know what's going on,
- 8:04but this is not going very well.
- 8:06And then he stands there and he stands, you know,
- 8:08like the funny Jason says,
- 8:10Ilana, do you know who I am?
- 8:13And I'm like, oh, don't it.
- 8:15There's going to be a catch here.
- 8:18And I know his name,
- 8:19but I don't know anything beyond that.
- 8:22And then he says, well, when you're about six years old,
- 8:24I balled a nuclear plant in Iraq, right?
- 8:26Which basically says he clearly knows air to ground and his sleep.
- 8:31Now, it doesn't mean that the feedback wasn't correct.
- 8:34It doesn't mean that, you know,
- 8:37I said something wrong,
- 8:39but it meant that I didn't say it in the right way.
- 8:43And I would have changed it if I knew who I'm talking to.
- 8:46And that became, it was very humiliating at the time,
- 8:49but it became one of the biggest lessons of my life
- 8:52because every single person, no matter who you talk to,
- 8:56whether it's a clerk in the supermarket,
- 8:58or you know, your kids,
- 9:00or you know, a peer, or a boss, or an investor,
- 9:04you have to understand them so well,
- 9:06better than they understand themselves.
- 9:07And once you do everything opens up,
- 9:10you can, you know, you can negotiate better,
- 9:12you can charge your worth,
- 9:14you can move people's mind,
- 9:15you can persuade, like I can go on and on,
- 9:17but that changed so much in my life, Scott.
- 9:21So there's a couple of lessons and we'll get into
- 9:24how those lessons impact the people that you work with now
- 9:27and have even impacted you.
- 9:29But I think it's really interesting that you mentioned,
- 9:32you saw beyond the 30,000-foot view and you saw the mission.
- 9:38And I actually have seen this with other people
- 9:42that had massive amounts of responsibility at a young age.
- 9:46And then they seem to, even like,
- 9:49I mean, there's a lot of very incredible Israeli entrepreneurs
- 9:52and they all went through the military.
- 9:54And even in the US and other countries,
- 9:55you have these incredible entrepreneurs that,
- 9:58I mean, not everything is always rainbows and unicorns
- 10:02after the military.
- 10:03There's a lot of people that don't build massive things.
- 10:07But for some people, it seemed like that responsibility
- 10:10and that pressure, it creates this perfect environment
- 10:13to understand what you could be capable of.
- 10:16And then you go apply that to a civilian venture
- 10:19or a civilian idea and it's like this perfect mindset
- 10:24and habits and training environment
- 10:26to go build something massive.
- 10:28And I guess, I guess it's more a question
- 10:32about how can somebody understand your perspective shift.
- 10:41And I think this is probably what you work with people
- 10:44with some of the executives you work with.
- 10:47Because you experience this
- 10:48because you're in a high pressure situation,
- 10:50you're a smart individual,
- 10:51you were charged with lots of responsibility
- 10:53and then you sort of saw the light,
- 10:54you saw this bigger picture.
- 10:57A lot of people never see that bigger picture.
- 11:00And they are only so focused on what's at right in front of them
- 11:03and they work their whole career
- 11:04just doing the same thing and not understanding
- 11:07what else they could do outside of their nine to five.
- 11:10How do you unlock this particular thought process
- 11:14in someone who was not put into that high pressure situation
- 11:19and perhaps has been coasting along for the last 20, 30 years
- 11:24and they're not happy but they don't have the vision that you had.
- 11:28It's a beautiful question, Scott.
- 11:30I mean, again, the military teaches you
- 11:33to be comfortable in the uncomfortable
- 11:35and that's a great trait and skill to have.
- 11:39However, if I'm being really honest,
- 11:42the corporation has a way to just mold you back
- 11:47into the mold that everybody else needs to go by, right?
- 11:50So if I'm being really honest after the military,
- 11:53you know, I studied engineering,
- 11:56I went to Intel and it from that point on.
- 11:58And by the way,
- 11:58Inter was an incredible company.
- 12:00Like they treated me so well.
- 12:01But from that point on, I became part of the mold.
- 12:05And the big reason that I started Lee Academy
- 12:08is because 20 years later,
- 12:11I realized that I could see only like,
- 12:14I had these blind spots.
- 12:16All I could see is that one title above that I want to get to,
- 12:20I forgot the 30,000th view.
- 12:22That just wasn't there anymore.
- 12:24All I could see is like,
- 12:25how do I get to a senior director?
- 12:27How do I get to a VP?
- 12:28Like that's all I could see.
- 12:30So you were almost like, you had it and then you lost it.
- 12:32I lost it and I say,
- 12:34if I can be losing that after everything that I accomplished,
- 12:38if somebody never had that,
- 12:40how do I wake them up because they're sleepwalking to life?
- 12:44And they will wake up in a decade or two or three,
- 12:46with massive regret that they could have done
- 12:49so much more with their life than they haven't.
- 12:51And if I can catch them in this space and stage and say,
- 12:56wake up, there's more to life.
- 12:57I want you to see what else is on the menu.
- 12:59Let's go get it.
- 13:01That's where it becomes incredible.
- 13:03So, okay.
- 13:05So what was the thing?
- 13:06So even like walking through your own journey.
- 13:08So military,
- 13:10massive pressure,
- 13:11tons of responsibility,
- 13:12switch to intel.
- 13:13Still a lot of responsibility,
- 13:15but you're more a cog in a machine.
- 13:17But then you transitioned into building your own thing.
- 13:20You started to become an entrepreneur.
- 13:22And you started to figure out that you didn't want to do
- 13:25the W-2-9-5 thing for forever.
- 13:28What pushed you into the entrepreneur space again?
- 13:32It's a great question, Scott.
- 13:33So unfortunately, I sticked around
- 13:36quite a while in the corporate world.
- 13:39I was with one company
- 13:41and I did start going into more startup worlds,
- 13:44but I wasn't part of the founding team.
- 13:46And there was a huge difference between number one and number two.
- 13:49Like, light years away.
- 13:51We didn't really realize at that time.
- 13:54Like, I thought I was kind of badass,
- 13:55but no, there's a big difference.
- 13:58So I did go into some startup.
- 14:00We had the great some great exits.
- 14:02Some not so great, you know,
- 14:03but it was just like I started,
- 14:05but I love the pace.
- 14:06I love the pace of change.
- 14:08And actually,
- 14:10it was a friend of mine that came to me
- 14:12and think became kind of a norm, right?
- 14:15And you're starting to cruise.
- 14:18You know, you're comfortable cruising.
- 14:20It's fine.
- 14:21You're getting a paycheck.
- 14:22Things are cool.
- 14:23I'm a vice president at the point.
- 14:25And a friend of mine came to me and said,
- 14:27hey, Lana, let's start a startup.
- 14:29And he's been in the suburb for a while.
- 14:31I knew him for about 20 years.
- 14:33And I was like, oh my god.
- 14:34Yeah, that's exactly what I was meant to be.
- 14:38And every awake hour,
- 14:39I was building this startup on the side.
- 14:41We were, you know, already going to investors.
- 14:44We actually raised capital.
- 14:45It was incredible.
- 14:46Scott, like within a few weeks,
- 14:48there was $800,000.
- 14:51The term sheet,
- 14:51they're evaluating our little baby at five million.
- 14:54And it wasn't even, you know,
- 14:56like some weird investors.
- 14:58Like three prominent Silicon Valley investors.
- 15:00Like I remember looking at this thing
- 15:02and I was like, oh my god,
- 15:03like how did that become my life?
- 15:05And by the way, this is like,
- 15:07this is like an entrepreneur's dream.
- 15:08Like an $800,000,000, you know,
- 15:11I'm assuming pre-revenue,
- 15:13seed check for $5 million valuation,
- 15:15prominent Silicon Valley VCs.
- 15:17Like that's like, oh my god.
- 15:19Exactly.
- 15:19But the dream kind of became a nightmare.
- 15:23Yeah.
- 15:24But I did, you know,
- 15:27so I left my job, my, you know,
- 15:29comfortable VP job,
- 15:31which I built from, you know,
- 15:33here in the U.S.
- 15:33from the first printer to, you know,
- 15:35this incredible multi-million dollar machine.
- 15:39And I left the job.
- 15:41I was excited.
- 15:42Like here we go.
- 15:44You know, this is an incredible entrepreneur.
- 15:46And the same day my co-founder decided
- 15:49to take the money and told me out of the business
- 15:52and Scott within a day,
- 15:53I found myself with no job,
- 15:55no salary, no startup, no investment.
- 15:59And probably the hardest thing in my life
- 16:01was that my ego was down the drain.
- 16:04I told everyone about the startup.
- 16:07It became your identity.
- 16:09Just what this became.
- 16:10My identity.
- 16:11What do I say now?
- 16:12Do I say that I was kicked out?
- 16:13Do I say that I was just,
- 16:16I was devised to start.
- 16:18I had no clue how to even cope with it.
- 16:20I couldn't even figure out how to breathe.
- 16:22I couldn't figure out what to do next.
- 16:24Do I look for a job now?
- 16:26Do I look for, you know,
- 16:28to start another business?
- 16:29Do I look for revenge?
- 16:30What do I do?
- 16:31Can you tell us, tell the audience
- 16:34because there's a lesson there.
- 16:35Obviously, exactly how this went down.
- 16:38Because obviously somebody's listening is like,
- 16:39how do you get kicked out of your own startup?
- 16:42And there's many ways.
- 16:43But I want to share what happened to you
- 16:45and I want to hear the lesson
- 16:47that you're going to teach everybody
- 16:48when they're starting their own company.
- 16:50At least talk about it.
- 16:52Well, in hindsight,
- 16:54I can say it's probably the best thing
- 16:56that happened to me.
- 16:57And, you know, obviously,
- 16:59I'm living the dream now every single day.
- 17:01But at that moment,
- 17:03the big thing was,
- 17:05first of all,
- 17:05that we just never wanted to talk about it.
- 17:07Like, we didn't really want to talk about the day after.
- 17:10And that's so common
- 17:11because we're living this fantasy.
- 17:13We're working on things together.
- 17:15Again, it's somebody I knew
- 17:16from way back for 20 years.
- 17:19So it's not some stranger
- 17:20that we just went on a date
- 17:22and decided to start something together.
- 17:24It's somebody I knew for so long.
- 17:26And there's this trust
- 17:29that shouldn't be there
- 17:30because the minute you start something,
- 17:32this is business.
- 17:33This is not relationship anymore.
- 17:35This is business.
- 17:36Obviously, you want to get along.
- 17:37Obviously, everything needs to
- 17:39fall into place.
- 17:40But you also need to put the things.
- 17:42You need to write them down.
- 17:44You need to have agreements in place.
- 17:47Now, in hindsight,
- 17:48again, Scott, I would just say,
- 17:50thank God, I dodged that bullet.
- 17:52That company never lifts it off the ground.
- 17:54And my, in this already,
- 17:55you know, I already sold one
- 17:56and I have this eight-figure business,
- 17:58you know what I'm saying?
- 17:59So, in hindsight,
- 18:00it's the best thing that happened to me.
- 18:02But at that moment,
- 18:03it was the hardest thing
- 18:05that I could even imagine.
- 18:07And it was,
- 18:09it took me on this
- 18:10credible, down-to-spiral
- 18:12that I didn't think somebody so strong.
- 18:15So, you know,
- 18:16brave, theoretically,
- 18:18that ticked all the boxes of success
- 18:20or many boxes of success.
- 18:22And suddenly, I can find myself
- 18:23waking up in three in the morning
- 18:25and trying to figure out
- 18:26how did I become such a failure.
- 18:28And that was hard.
- 18:29It was hard on my family.
- 18:30It was hard on my relationship
- 18:33on, you know, like on my health.
- 18:35Like, we were deteriorating.
- 18:37It was just taking a huge toll.
- 18:39So, what you experienced,
- 18:40unfortunate, hopefully,
- 18:41nobody has to experience
- 18:43that kind of failure
- 18:45or disappointment
- 18:46because obviously,
- 18:47you hope that the people you do business with,
- 18:49you get the contract signed,
- 18:51that, you know, everything's legally binding
- 18:52and you go into business together.
- 18:53And if you fail,
- 18:54you hope it's not because of somebody
- 18:56sort of stabbing you in the back.
- 18:57You hope it's because you weren't able to
- 18:59scale the company.
- 19:00I know that failure is failure,
- 19:01but I much rather fail
- 19:03going to business with somebody
- 19:04and trying our hardest
- 19:05and working together.
- 19:06And then it doesn't work
- 19:07and somebody stabbing me in the back.
- 19:08That seems like a different kind of failure
- 19:10that just sucks,
- 19:11to be honest.
- 19:12It's just not a fun.
- 19:13I guess if I was going to rank,
- 19:15like, how fun different kinds of failures are.
- 19:19It seems like the least kind of fun failure, for sure.
- 19:23So, okay, so,
- 19:25and the point is,
- 19:26everybody's going to go through a lot
- 19:27of these kinds of failures
- 19:28as they transition into entrepreneurship.
- 19:32You turn your identity into the company,
- 19:35which is going to have a huge toll
- 19:36on your mental health,
- 19:38on your physical health,
- 19:38on your relationships.
- 19:40What is your advice for people?
- 19:43Because you work with people
- 19:45that are trying to do career transitions.
- 19:47It could be career transitions
- 19:48to different kinds of careers,
- 19:50career transitions,
- 19:50into entrepreneurship.
- 19:51Failure is inevitable.
- 19:53After going through that,
- 19:55how do you coach people
- 19:57and even almost encourage them
- 19:59to take a jump
- 20:00when they're going to listen to your story
- 20:02and be like, damn, I don't...
- 20:03Scott's saying it's failure is inevitable.
- 20:06Her partner stabbed her in the back,
- 20:09like, how would I have...
- 20:10Maybe she was just nuts,
- 20:11and maybe that's why she did it a second time.
- 20:13Like, I don't have the courage
- 20:15to be able to do that,
- 20:16and maybe we are a little bit nuts.
- 20:18We are nuts.
- 20:19Okay, so someone comes to you.
- 20:20What do you tell them?
- 20:21They're listening to this story.
- 20:24So, first of all, we are nuts,
- 20:26and it's also the best thing
- 20:27that could happen to me, too, right?
- 20:29So, I will say a few things.
- 20:34First of all, the challenges are inevitable.
- 20:36They're going to be there,
- 20:37but the suffering of the choice
- 20:38throughout the journey.
- 20:40And I think one of the things
- 20:42that I would say to anyone
- 20:43that is listening
- 20:45is you can't have your entire identity
- 20:49only defined by one title,
- 20:52one company, et cetera.
- 20:53It has to be also defined by your own brand.
- 20:56And once you have that safety net,
- 20:59you're never alone.
- 21:01You never are nobody.
- 21:02Like, for me, the biggest thing
- 21:03is that when I would go to events,
- 21:05suddenly, it's like,
- 21:06hi, Ilana, what do you do?
- 21:08Nothing.
- 21:09What do you want to do?
- 21:10I don't know.
- 21:11You know, like, I became a nothing.
- 21:13How can you become a nothing
- 21:14from being somebody that is so proud of themselves?
- 21:18So, I think a lot of it
- 21:19is how do you build such a powerful
- 21:22personal brand
- 21:23that really clear on what you want to do next,
- 21:26really align your story,
- 21:27really align, you know,
- 21:29like everything.
- 21:30And then, yes, what?
- 21:31It's okay if it's in parallel.
- 21:33Everybody will have
- 21:34for your careers these days.
- 21:35And if you, you know,
- 21:37and again, I want you to have
- 21:38one stream of income.
- 21:39And it could be from a job.
- 21:40It could be from a business.
- 21:41It could be something.
- 21:43But if you now have your own identity
- 21:45as part of your own brand
- 21:47and your own reputation,
- 21:48you never fall so deep
- 21:50because you always are left with yourself.
- 21:52I was left with nothing.
- 21:55Well, that word you said,
- 21:56portfolio careers, what's that?
- 21:58So, for, you know,
- 21:59and we're really kind of in the air of change,
- 22:02like with AI and gig economy
- 22:04and working remote and all of this,
- 22:06like we are seeing a pace of change
- 22:08that we've never seen before.
- 22:10And there is not even
- 22:12a thing called stock,
- 22:13like nobody's stock.
- 22:14If they're not moving forward,
- 22:15they're losing relevant at a speed
- 22:17we've never seen before.
- 22:18But one of the things
- 22:19that we were seeing more of
- 22:21is something called
- 22:22more of a portfolio career,
- 22:23basically multiple stream of income.
- 22:26Because what happens is that
- 22:27people want to not just have
- 22:31one thing and that's all they do,
- 22:339 to 7 pm and then go to sleep, right?
- 22:36Some people want to be,
- 22:38you know, excited about other things
- 22:40or maybe have some impact on the side
- 22:42or maybe be part of some non-profit
- 22:45or maybe some doing some board
- 22:46then maybe do some public speaking
- 22:47and maybe do some consulting.
- 22:50So, they want to richer life,
- 22:52they want more experiences,
- 22:53they want extra income on the side,
- 22:54they want to create not just an okay life,
- 22:56they want to create an incredible life.
- 22:59If you don't want to work paycheck to paycheck,
- 23:01they want to create, you know,
- 23:02generational wealth or freedom
- 23:04or whatever that looks like for them.
- 23:07And what we're seeing is that
- 23:08the many of things that you can do today
- 23:11is just, you know, incredible.
- 23:14It's God, you know, you know it, right?
- 23:17I get it, listen, I'm living it.
- 23:19You don't have your preaching to the choir,
- 23:21but right now that I know
- 23:23and that's why, you know,
- 23:24we're talking,
- 23:25that's why, you know,
- 23:26you're on my show, right?
- 23:28Because it's incredible to watch,
- 23:30because when you have this portfolio of things,
- 23:33that's what changes your life.
- 23:35It's not going to be about negotiating
- 23:37another 10K for yourself.
- 23:38What is that going to do?
- 23:39A hundred K in a decade?
- 23:40Like, how is that changing?
- 23:41How is that moving the needle?
- 23:43But if you now start creating some income on the side
- 23:46and some portfolio careers,
- 23:48hey, you're never alone.
- 23:49You're never, you know,
- 23:51go into this downer spiral like I did.
- 23:53You never find yourself in nothing,
- 23:55but also you have other streams of income.
- 23:58So you always have a safety net.
- 24:00You're always, you know, it's more exciting.
- 24:02You're happy here.
- 24:04And again, it needs to be done right.
- 24:05So I want to make sure that I'm not telling everybody
- 24:08so spaghetti in the wall,
- 24:09see what sticks.
- 24:10No, that's what I'm saying.
- 24:11But if it's done right,
- 24:13it actually changes lives.
- 24:15And it created an incredible life for me too.
- 24:17So let's, let's talk about that.
- 24:19I think that's probably what you help people understand
- 24:22specifically,
- 24:23because somebody who's listening to this,
- 24:25who is a W29 to 5.
- 24:28And they have, they've never tried to build anything before.
- 24:32If they start to look into entrepreneurship,
- 24:34even in 2024,
- 24:36they're going to get into this trap of,
- 24:38I'm going to quit my job
- 24:40and I'm going to go try and build maybe some cool tech idea
- 24:44that I've thought of and I'm not technical
- 24:46and I don't know how to do it.
- 24:47And I have maybe six months of,
- 24:49maybe even a year of money saved up
- 24:50and that should be enough to figure it out.
- 24:52I think that is the worst version of entrepreneurship.
- 24:55Full stop, worst version.
- 24:58That's my, that's my opinion.
- 24:59I think that there's many healthier ways to do it.
- 25:02So, so what, what do you advise people to do?
- 25:06Do you advise that everybody should be an entrepreneur?
- 25:09Do you advise that everybody should have a side hustle?
- 25:12What happens if the side hustle compromises your job?
- 25:15What happens if your boss doesn't like
- 25:16that you're building a personal bread?
- 25:18There's so many scary questions.
- 25:21I'm curious how you sort of go through this exercise
- 25:24to understand when somebody comes to you and leave Academy.
- 25:28This is where you're at now.
- 25:29Let's start to think strategically
- 25:31and where do we go from here.
- 25:32Let's unpack this because I think this is such a beautiful question
- 25:36and it's so, so, so important.
- 25:37And again, it's also going to be very individual.
- 25:40But I'd like, we need to understand
- 25:42where you are now, where you want to go
- 25:44and see what's, what's going to even help.
- 25:46The, the, the one thing that I will say is
- 25:51unfortunately the education system, you know, right now
- 25:54is not a good help, right?
- 25:55Because again, whatever I start day to day 22,
- 25:59electric engineering, how is that helping me right now?
- 26:03Nothing, right?
- 26:03So, and even if you do go to an MBA,
- 26:05it's very theoretical.
- 26:07What you need is something that will meet you
- 26:09where you are and take you to the direction
- 26:11that you want to go, right?
- 26:12So, that's the first, you know,
- 26:13so we wanted to first of all, for every driven person
- 26:17to have a home and for them to be
- 26:19among other driven people about, you know,
- 26:22surround with experts that will really analyze
- 26:25where they are and when they want to go.
- 26:27But the way I'm looking at this is,
- 26:30if they have a W2 right now, like you said,
- 26:33the worst thing that you can do is leave everything behind
- 26:36and jump all in.
- 26:37There is something to burning the boats,
- 26:40but it needs to be done right.
- 26:42And if you have no clue what you want to build
- 26:44and you really haven't even tested the grounds,
- 26:49the chance of success is about zero.
- 26:53Okay.
- 26:54And the truth is, Scott, I think there's also a lot of,
- 26:57like, we tend to paint into entrepreneurship
- 27:00and very pink and roses type of colors.
- 27:04It is hard and not everybody is meant to do it
- 27:06and not everybody should do it.
- 27:09And I still think that if you know how to monetize your skills,
- 27:13at least a little bit, you at least have a safety net.
- 27:17So, and that's where it's really like,
- 27:20I'm going, you know, with, you know,
- 27:22even if somebody is a W2,
- 27:24I don't want you to burn the boats yet.
- 27:25You're not ready for it.
- 27:27You don't even know what you want.
- 27:29But if you start monetizing a little bit of your skills,
- 27:32whether it's again, like for some people,
- 27:35it's mentorship and startup accelerators
- 27:37and maybe some advisor here and there
- 27:39and maybe some of them can go into board seats
- 27:41and maybe some of them can do some coaching, consulting,
- 27:44whatever and maybe some of them,
- 27:45it's speaking of attorneys and maybe, you know,
- 27:46and I can go on and on,
- 27:48like for different people, it will be different things
- 27:51and also different companies will allow different things.
- 27:53Like you said, you know,
- 27:55there's the big consulting companies in the world
- 27:57that you can do a lot.
- 27:58So you also need to take that into account
- 28:01and say, okay, what is allowed here?
- 28:03And how do I make sure that my brand
- 28:06and my identity stand on its own
- 28:09and I don't want to rub my boss in the wrong way?
- 28:11So I also going to make sure that the company is leveraging
- 28:15my new capabilities and there's actually
- 28:17an incredible win win, right?
- 28:20So I think if it's done right,
- 28:22it's actually really, really powerful.
- 28:25So it does take such a unique approach.
- 28:28I'm wondering if when you start to work with people,
- 28:31do what is the exercise that you have them go through
- 28:34to figure out what is really important for them?
- 28:36Because I think that is probably what leads to
- 28:39all the right answers.
- 28:40Yeah, absolutely, Scott.
- 28:41So the very first thing is you need to understand
- 28:44what motivates them and what's important for them.
- 28:46And I think for me, this was the hardest thing.
- 28:49So if you, if I look back 10 years ago,
- 28:53this was the hardest thing because somebody driven,
- 28:55they always know what's the next step.
- 28:57They know what college you need to go through.
- 28:59They know, you know, like everything is always clear
- 29:02until it isn't.
- 29:03And when it isn't, you're lost.
- 29:06So not knowing what's next was one of the hardest moments
- 29:09in my life.
- 29:10So for me, that's the first thing that I want people
- 29:12to get clarity on.
- 29:13And it really gonna be, you know, basically two things, right?
- 29:16One is kind of what is, you know, what are your muscles?
- 29:19Like what's really critical for you right now?
- 29:21And we'll talk about it if you want.
- 29:23And then what is that zone of genius that, you know,
- 29:26where is the secret sauce?
- 29:27Because when we're kids, we always try to lean on, you know,
- 29:30learn new things and try to be, when we're at 40 plus,
- 29:3450 plus, 60 plus, we don't want to learn new tricks.
- 29:38We might need to learn new tricks,
- 29:41but we rather like really lean on this zone of genius.
- 29:44And when we do, that's where we're going to shine.
- 29:47So if I want to be a chef now, that's a disaster.
- 29:50That's my husband saying like, I'm not good.
- 29:54Okay, no, but that, we can go into that
- 29:56because I think it's a very useful thought experiment
- 29:59for somebody who is later in their career.
- 30:01And actually, I think there's probably, you know,
- 30:03it's interesting.
- 30:03So you work with people that are later in their career
- 30:05and they're not trying to learn a ton of new things,
- 30:07trying to focus on what they really know best.
- 30:10More is a, more is a necessity.
- 30:13It's more a necessity because of where they're at.
- 30:15However, I do believe and maybe have ideas on this.
- 30:19I do believe that if even a younger entrepreneur adopted
- 30:22the same mindset, I think they would still be more successful.
- 30:24I think that maybe being young, they feel like they can learn
- 30:28everything and anything and I actually think
- 30:30that could be a detriment to them focusing and building.
- 30:34You are a thousand percent correct.
- 30:36And the truth is, I think eventually,
- 30:39whatever we teach in Leap Academy,
- 30:40should be part of colleges in high school.
- 30:42Like, you know, I don't, I don't think it should be proprietary.
- 30:45I don't think it should be what they exclusive.
- 30:47Like, I really think every single person needs to have
- 30:50a very engineered way to always decide what they want to do
- 30:55next, align those story, align them network,
- 30:57align the reputation and go into the hidden market
- 30:59because that's where all the opportunities are.
- 31:02So I really do believe everyone should know this.
- 31:05And I do believe we also gonna have this habit
- 31:08of leaping again and again every year
- 31:09to now this, this pace of changes.
- 31:11So vast, right?
- 31:13So now that we see this, people will change,
- 31:16even within the same company, they change responsibility,
- 31:18they change function, they change the tech
- 31:20that they're working with.
- 31:21They change, you know, everything changes all the time.
- 31:24And if you're not ready to reinvent Leap, Leap, Leap, Leap,
- 31:28you're gonna fall behind.
- 31:29So first of all, I do think it's just a skill
- 31:31that everybody needs to know.
- 31:34But the way that looks specifically the Mustavs,
- 31:38if you're gonna look at your career
- 31:40and it was actually kind of a fun exercise to run,
- 31:44you're gonna see that your Mustavs also change
- 31:46throughout your career and it's really interesting.
- 31:49So the way I look at it is sometimes all we need is finance.
- 31:52Like all we need is to just make cash.
- 31:55And that's all we care about, that's our biggest priority
- 31:57and this could be because we need the cash,
- 31:59it could be because we, you know,
- 32:01it's bringing us more confident.
- 32:02I wanted to make more than my husband.
- 32:04It really doesn't matter what it is,
- 32:06but cash is king, right?
- 32:08It's, you know, there are stages where it's more about growth.
- 32:12Like I wanna feel like I'm growing.
- 32:15I wanna grow entitled and reputation
- 32:17in a responsibility to have a team.
- 32:21I wanna learn more, I wanna even fang, you know,
- 32:24like I just wanna feel like I'm growing.
- 32:28Sometimes it's really more about the impact.
- 32:30Like I just wanna finally feel like I moved the needle.
- 32:33I make a difference whether it's on the company,
- 32:35whether it's on people, whether it's some kind of a legacy,
- 32:39whether it's on the world, whatever, right?
- 32:41But I wanna feel like that I'm moving the needle.
- 32:44And sometimes it's balanced because whether we like it or not,
- 32:48there are some stages in life, you know,
- 32:51that we, you know, the career will take a little bit of a backseat
- 32:53and whether it's for kids or health or hobbies or whatever it is,
- 32:57it will take a little bit of a backseat.
- 32:59And the interesting things,
- 33:00and we've done this research on thousands of the people,
- 33:03the interesting thing is again, no career will have all four.
- 33:06And if somebody thinks they have all four,
- 33:08don't ever leave, you got this.
- 33:10Right, like I just don't like that.
- 33:11But if you look back, you'll see that you rotate
- 33:14between the two of them and you switch every a few years.
- 33:18And one of the things that we look at is, first of all,
- 33:22if you just look, don't look too far
- 33:24because it's gonna change all the time.
- 33:26But if you just look a year, two, two,
- 33:29what are the two must have that are right now critical for you to chase?
- 33:34Because that defines a lot of things, right?
- 33:36If somebody says, I need cash right now,
- 33:39they can't go to entrepreneurship.
- 33:40Like that just, you know, that's irresponsible, right?
- 33:43Or if they're already working,
- 33:45then maybe we can start something on the side, right?
- 33:47But a lot of the decisions will be derived,
- 33:49but what are these must have?
- 33:51And based on that, we can make a lot of conclusions happen.
- 33:54And that becomes your compass.
- 33:56That can become like a GPS that really helps you figure out what's next,
- 34:00but also realize it's gonna change.
- 34:02And that's what's beautiful about it.
- 34:03So, no, I love it.
- 34:06And I'm now the second piece to that equation is your zone of genius.
- 34:10And I'm even curious because after you had failures,
- 34:14you had successes.
- 34:15So before leap, you went through this whole exercise yourself.
- 34:18And this is probably how you built out the framework.
- 34:20So using even yourself as an example,
- 34:23how did you find your zone of genius,
- 34:24which allowed you to be successful?
- 34:27No, it's a beautiful question.
- 34:28So the truth is that success leaves clues,
- 34:31but we sometimes don't look at them.
- 34:33And I think the interesting thing with all of this is that
- 34:37when we think about our zone of genius,
- 34:40usually we look at the very specific thing
- 34:42that are always on job descriptions.
- 34:44Like the very specific skill I learned computer engineering,
- 34:47I did this, I did coding and it,
- 34:50but the truth is a lot of times the zone of genius is not there.
- 34:54It's what people are already intrigued by you.
- 34:56What people already come to you for?
- 34:58Where did you get awards?
- 35:00Where did you shine?
- 35:01Where did your eyes sparked so much that you were like,
- 35:05I can't breathe, this is incredible, right?
- 35:08Like it's things that are not necessarily that specific skill,
- 35:11that specific software programming that you've done, right?
- 35:15Like it's something different and it's usually a pattern
- 35:19that is actually you can see it in different places in your life
- 35:22and different places around your career.
- 35:25And sometimes it even goes back to your younger self
- 35:28because when we're our younger self,
- 35:31we don't boundary ourselves.
- 35:34We don't put limitations, we don't try to give it names
- 35:37and we just know what works and we go chase it.
- 35:41When I was about five years old,
- 35:43I took half of my house and when my parents were not home,
- 35:47which I don't know why my parents weren't home,
- 35:49but anyway, it makes you think,
- 35:51but I took a little box and I sold it outside the house
- 35:57because I thought that was so exciting.
- 36:00And my parents came home and I'm like,
- 36:02what just happened, like where did everything go?
- 36:05I was like, oh, I sold it, I thought.
- 36:07So it was so entrepreneurial.
- 36:10When you really kind of look back,
- 36:13there's always lose and the question is,
- 36:16whether you're willing to look at the clues.
- 36:18And for me, the clues were,
- 36:20there's a lot of imposter syndrome
- 36:21that I'll have about the various things.
- 36:24But the one thing nobody can take away from me
- 36:26is that I leaped in so many ways throughout my journey
- 36:29from Air Force to engineer, to technical sales,
- 36:32to product management, to architect, to VP operations.
- 36:35Like I leaped so much that nobody can take that away from me.
- 36:39And I think when you start realizing that
- 36:41and suddenly people are asking me about their career
- 36:43and suddenly, you know, I'm like,
- 36:45and I don't think myself at that point as a career coach,
- 36:47like I hold businesses.
- 36:48I invest in a hundred companies.
- 36:50I, you know, like that was not even a thing for me.
- 36:54But suddenly when I saw that,
- 36:55I was like, maybe that's where the pattern is.
- 36:59And that became the zone of genius.
- 37:02I just want to take a second and thank the HubSpot podcast
- 37:04network for sponsoring the show's success story,
- 37:07even part of their network for the past three years now.
- 37:09If you're a podcast fan,
- 37:10you have to check out some of the other incredible podcasts
- 37:13in the HubSpot podcast network like My First Million,
- 37:16hosted by Sam Parr and Sean Perry.
- 37:18They feature famous guests like Alex Ramozi,
- 37:21Sophia Emma Russo, Hassan Minhaj,
- 37:23sharing their secrets on how they made their first million
- 37:26and how to apply their learning to capitalize
- 37:28on today's business trends and opportunities.
- 37:30Listen to My First Million,
- 37:32wherever you get your podcasts.
- 37:33I love this.
- 37:35You know, I'm also curious,
- 37:37I'm also curious just because there's a flip side
- 37:41to leaping and there's a flip side to the things
- 37:43that you coach and I just want to touch on this briefly
- 37:45because it's obviously a real concern.
- 37:48And we can keep going and talking a little bit more
- 37:50about how you coach people through this transition
- 37:52in their life.
- 37:53But the flip side of this is
- 37:57when people are leaping so much,
- 38:01somebody who you are coaching or working with
- 38:04is either going to be an executive in a company
- 38:06or they're going to start,
- 38:07some of them are going to start companies
- 38:08and those companies will be successful.
- 38:11Now, think about the employees
- 38:13that will eventually work for them
- 38:14that are switching careers and switching
- 38:16and starting personal brands
- 38:18and starting side hustles and stuff like that
- 38:20because if you do it, you know,
- 38:22there's going to be somebody young and ambitious
- 38:24that's going to be doing the exact same thing.
- 38:26And then you're like, now you're a CEO,
- 38:27you made the career transition,
- 38:29you're a founder, you're hiring people
- 38:31and you realize that they're wanting to switch jobs
- 38:33every two years and they're wanting to leap themselves
- 38:35into entrepreneurship.
- 38:37From a leadership perspective,
- 38:39how do you manage people that are in this process
- 38:44are sort of navigating their career in 2024 and beyond
- 38:47and doing these leaps and doing these career transitions
- 38:49because that can be massively disruptive to a business too.
- 38:53So first of all, I think it's a brilliant question
- 38:55and very, very important one to address.
- 38:57I don't know if you've noticed my social media,
- 38:59but one of my, you know, I'm a huge fan of Richard Branson.
- 39:03I go visit his private island and go on safaris
- 39:06with his aunt because I'm learning so much from this guy.
- 39:08And one of the quotes that I really love that he says
- 39:12is teach them well enough so that they can leave,
- 39:15treat them well enough so that they don't want to.
- 39:18And that became like a really big mantra for me
- 39:22because the truth is I'm so armed with a team
- 39:25and we have, you know, 20 something people on my team, right?
- 39:30And it's almost 30 now that are, that, you know,
- 39:33if they're going to leave every year,
- 39:35like that's going to suck because that's what I...
- 39:39Winning it lightly, right?
- 39:40But the beautiful thing is one of the things that we did
- 39:44with them is again, speaking of treated,
- 39:46first of all, I want this to be their multimillion dollar
- 39:49mastermind, like I really want them to feel like they're
- 39:52learning to take their career and their life
- 39:55and their reposition to a whole different level.
- 39:57And what we did with them is something called
- 40:00professional, professional, personal, financial goals.
- 40:05And they, you know, we set with each one of them
- 40:08and kind of looks at where they want to be
- 40:09and each one of these for one year, three years, five years.
- 40:13And then we basically looked at how this company
- 40:16can help them get there.
- 40:17And when you can align the company's goals
- 40:20with their personal, professional, financial goals,
- 40:24now they see the value of actually not only staying,
- 40:27but they see the value of actually realizing
- 40:30that this mission is what they want to be associated
- 40:33with this mission of changing lives
- 40:36and creating this massive impact in the world.
- 40:39That's what they want to be associated with this.
- 40:41That's what they want their brand to be around.
- 40:43And they can see how that creates
- 40:45this massive success for them too.
- 40:48And so again, for me, it's really important to walk the walk
- 40:51and my team, we, you know, make sure
- 40:54that they build their own personal ground
- 40:55with it, we make sure that they go
- 40:57and, you know, just some public speaking,
- 40:58we make sure that they have their own shiny light on them.
- 41:02Because first of all, I, you know,
- 41:04that I think that's gonna make them happier,
- 41:06it's gonna make them feel more fulfilled,
- 41:08but they also gonna see how this place is actually
- 41:12exactly what they need to, you know,
- 41:14create a bigger tomorrow for themselves.
- 41:16And yes, in 10 to 10 somebody wants to start their own,
- 41:20I will totally wish them luck
- 41:21and just know that I created a little piece of that in them.
- 41:26So I think that's amazing.
- 41:28I think that more brands should do that.
- 41:29I think that brands are really missing out
- 41:31and companies are really missing out
- 41:32on enabling people to build their own personal brand
- 41:36and to shine the spotlight on them.
- 41:37Because from what I've seen,
- 41:38it's always a net positive for the business.
- 41:41It's not often when somebody is investing,
- 41:44I think the concern is,
- 41:46if I let somebody post their own stuff
- 41:48and build out their brand, the concern is,
- 41:51well, what if they say something stupid
- 41:53or what if they embarrass the company?
- 41:54From my experience,
- 41:56anybody that is that committed
- 41:58to building out their own personal brand
- 41:59and their professional career,
- 42:01they actually probably air almost too much on the side
- 42:04of caution as to what they post,
- 42:06because they're so concerned with their self image.
- 42:10And I think that brands have to trust more.
- 42:13I think they really have to trust more.
- 42:15I do have, I mean, you're doing it
- 42:17because you're living it and you're doing it yourself
- 42:19and you live in this world of enablement
- 42:22and personal brand and career transition.
- 42:25Is there best practices that you deploy
- 42:28for your team that gets them on stages
- 42:30or helps them understand what content to post
- 42:33versus what not to post?
- 42:34And is there anything that you do?
- 42:37So what I tell my team is that I am a big believer
- 42:41and again, I think it changes when you have
- 42:44100,000 people under you, right?
- 42:46Like it's something that I can do
- 42:48because we're still small.
- 42:51So there will be probably different rules for bigger teams.
- 42:55But for us, the way I look at this
- 42:58is I want to hire people that I trust.
- 43:02And I want to feed them with insights
- 43:05on how I see things.
- 43:07I have full transparency.
- 43:09They always know our numbers.
- 43:10They know exactly how much we make.
- 43:11They know exactly how our expenses are.
- 43:13Like they know everything.
- 43:15And the reason why I want them to know everything
- 43:17is because again, I'm going to hire smart people
- 43:20that I trust and they can make the decisions.
- 43:23And at that point, I don't need to micromanage them.
- 43:25I can just let them go and they're going to say
- 43:29the right thing anyway because they believe in us,
- 43:32they believe in the mission, they believe in themselves.
- 43:35And that's all that matters.
- 43:38But I will also say Scott,
- 43:39if somebody loses my trust, it's like this.
- 43:43So you give them the trust until they don't have it.
- 43:46And actually, as you're saying this, I'm just thinking,
- 43:49I'm like, if somebody really is upset with the company,
- 43:53I mean, they're going to act out.
- 43:56Maybe they say something stupid online.
- 43:58But if you're letting somebody go,
- 44:00if you're terminating, if you're exiting from the company,
- 44:03I mean, they're going to say the things
- 44:05they want to say anyways.
- 44:07They're going to say what's up, what they're upset about.
- 44:09They're going to talk, I mean, then there's,
- 44:11you know, they can go on glass door.
- 44:12They can, they can, they can talk shit
- 44:14in a whole bunch of places about a company
- 44:16if they weren't happy there, right?
- 44:18So I think that it's best just to enable them into trust.
- 44:21I think that's probably a healthy way
- 44:22because there's too much stress in business anyways.
- 44:24The way that works, I don't know how to micromanage,
- 44:27honestly, Scott, like, you know, for me,
- 44:29the biggest portion is about,
- 44:31I know every piece of the company and what it needs to be.
- 44:34And at some point, I probably did every piece of it.
- 44:37And the reason why I'm hiring somebody
- 44:40is because I don't want to do it anymore,
- 44:42because that part of the game, right?
- 44:44So to some extent, it's like, I have to hire people I trust.
- 44:49I have to give them the trust,
- 44:51and I have to teach them as much as I can in trust, right?
- 44:54But at that point, I need to make sure
- 44:58that they're going to make decisions on their own,
- 45:00and that they just understand how I make the decisions
- 45:03and what's important for the company.
- 45:05And I, the truth is, you know,
- 45:08and I'm really proud, I think most people
- 45:10just been with me for the very first second
- 45:13that they were hired, and...
- 45:15I mean, that's a good sign when people stick around, right?
- 45:20Okay, so let's go back to talking about
- 45:23people going through career transitions,
- 45:24life transitions, couple questions,
- 45:27but to start off, what would be one of the biggest mistakes
- 45:30that say somebody in their 40, 50, 60s makes that you see
- 45:35that can really hurt them.
- 45:38When they start to think about,
- 45:39I want to do something different.
- 45:40Outside of just, we already went over one,
- 45:42which is jumping into a startup that they're building themselves,
- 45:47really with no experience,
- 45:48or no semblance of product market fit,
- 45:51or six months of runway in their bag.
- 45:53That's obviously a huge mistake.
- 45:54Is there other things that you see the people do?
- 45:56Yeah, so I mean, I think the other biggest mistake
- 46:00that I see is just not even being open to realizing
- 46:04that you need to be intentional,
- 46:05strategic about your career, right?
- 46:07And just kind of like letting it slide and think that,
- 46:11okay, if I'm not going to change anything and nothing,
- 46:13would change, well, we are in an era of change.
- 46:15And if you don't really move forward,
- 46:17you're losing relevance and you will find yourself
- 46:20with ageism, with other things,
- 46:22like you will find yourself out of that stability.
- 46:27So for me, not being in the driver's seat,
- 46:30not being very intentional,
- 46:31strategic about your career is a huge mistake.
- 46:33So I believe everybody needs to be leap ready all the time.
- 46:37Whether you decide to leap or not,
- 46:39that's a whole different story.
- 46:40Whether you decide to move up the ladder
- 46:42in your own corporate environment, it's up to you.
- 46:45Whether you decide to build your brand, it's up to you,
- 46:47but what I'm saying, you always need to know what you want,
- 46:50how you wanted, how do you tell your story,
- 46:53tell it was confidence, you know,
- 46:54like you always want to be leap ready.
- 46:57So that's one, the second thing that I'm saying,
- 46:58speaking of mistakes, I think, you know,
- 47:00there's this cliche, don't you network, talk to them, right?
- 47:05And what we see is like, you know,
- 47:07people are just creating all these meetings
- 47:09with like really influential people
- 47:13and they completely butcher it
- 47:14because they have no clue what they want to do.
- 47:16They don't know how to tell their story
- 47:18and they burn bridges.
- 47:20And honestly, like they become a red flag
- 47:23and they have to stop because again,
- 47:25that you can't go back to the same people again again
- 47:29and hope that they will now open the doors for you.
- 47:31You lost it.
- 47:33So one of the things that I would say is like,
- 47:35hold on before you talk to a network
- 47:38and don't worry about the network
- 47:39is the most precious thing you have.
- 47:41But make sure when you go to them, you know,
- 47:43what you want to say, how you want to say it,
- 47:46what you want to be known for, what kind of ask do you have?
- 47:49What are you trying to open, really understand,
- 47:52but also understand who's your audience,
- 47:54what can you add to carry to win win?
- 47:57Like really understand what's going on,
- 47:59how to do this right?
- 48:00Because again, all these cool opportunities
- 48:03are only the hidden market, like all the executive roles,
- 48:06all the co-founding things, the investments,
- 48:09the speaking, the boards, the advisory,
- 48:11I can go on and on, like it's all the hidden market.
- 48:13It's never gonna be on job boards.
- 48:15We're done with job board at about 35 year olds.
- 48:18Like after that, nothing is relevant, right?
- 48:20So if you don't know how to play in that hidden market,
- 48:23you're losing on so much in life.
- 48:26When people are more advanced in their career,
- 48:29they have a lot of expertise.
- 48:31If they've been in a company for a long time,
- 48:34I bet they feel pretty highly about themselves.
- 48:36They probably have a little bit of an ego.
- 48:39So let's give some wisdom to somebody
- 48:43who's in that position.
- 48:44When is it useful to lean on your ego
- 48:47and appreciate your own self importance?
- 48:51When is it important to maybe be a little bit more humble
- 48:54and to humble yourself to the market
- 48:58and the fact that maybe you aren't as good
- 49:02as you think you are.
- 49:03Because you can lean on expertise to a degree,
- 49:05but I've seen a lot.
- 49:08Consultants that come out of CXO roles
- 49:11and they think they are so good,
- 49:14and I think that turns people off,
- 49:15and I think that that can kill the chance
- 49:17of them doing anything new or innovative,
- 49:20or getting on a stage or getting on a cool podcast.
- 49:24I think that, I mean, you've seen this more often,
- 49:27and I've seen it a lot.
- 49:29So I'm curious about how you balance the experience
- 49:33plus the humility.
- 49:36I can't, I don't know how you thought of asking this question.
- 49:39It's a brilliant question.
- 49:41Because I see it.
- 49:42I see it when people want to come on the podcast,
- 49:45and they're like, look at what I've done.
- 49:46Look at, I'm so cool.
- 49:48And this is what I can talk about.
- 49:49And then I get 50 of those a day.
- 49:52And then the person doesn't get exposure to this,
- 49:54but I see it.
- 49:55And I see it with consultants that come at me,
- 49:57and they say, listen, I've worked in this company
- 50:00for 50 years.
- 50:01Look at all the cool stuff I can do.
- 50:03And I'm like, well, can you make a clip on Instagram,
- 50:08go viral by finessing the first 15 seconds of the hook?
- 50:13And I'm like, if you can't,
- 50:15then there's a little bit more that I know about marketing,
- 50:17and Alex Chamozzi and Gary Vee know about marketing
- 50:20and not putting myself at that level.
- 50:21They're phenomenal marketers and much better than me.
- 50:24But I mean, there's something to be said for what you know.
- 50:28And there's also a time when you have to just relax
- 50:32and be open to knowing, be open to the concept of,
- 50:36I don't know what I don't know.
- 50:37I think that's an incredible thing.
- 50:40And honestly, I wish somebody caught me 10 years ago
- 50:44when I was that VP that knows everything.
- 50:47Oh my God, I know everything.
- 50:49Mine said his crap.
- 50:50It doesn't exist.
- 50:51And I was the person that knows everything.
- 50:55And in fact, I think because I knew everything,
- 50:59theoretically, right?
- 51:01That's why the downed inspire was so painful
- 51:04because I think it was just humbling to realize
- 51:07how much I didn't know.
- 51:09And there's this cliche.
- 51:10The biggest thing is what you don't know,
- 51:13but it is so freaking true.
- 51:15Like I wish somebody slapped me in the face 10 years ago
- 51:18and said, no, you don't.
- 51:20Now listen, right?
- 51:21And the truth is that in every conversation,
- 51:25there's two frames, right?
- 51:27And the stronger frame always wins.
- 51:29And unfortunately, I was this VP was a very strong frame,
- 51:33a lot of great energy, great background
- 51:36in my strong frame always won.
- 51:37So people didn't stand up to me and said,
- 51:40no, you're not listening, and I wish they did
- 51:44because the amount of things I did not know Scott,
- 51:48it's actually embarrassing.
- 51:51And I wish somebody told me my journey
- 51:55towards entrepreneurship would have been a thousand times
- 51:58or a million times easier if I would just a little more open
- 52:02to ideas, a little more open to the fact
- 52:04that mine said is real.
- 52:06That the reason why I was not taking action
- 52:08is because of fear.
- 52:10And what will people say?
- 52:11It wasn't the strategies, the strategy was easy.
- 52:13Write a post that this is what you wanna do.
- 52:16It wasn't complicated, but I made it complicated
- 52:19because I was scared.
- 52:20But you don't wanna admit that fear is numbing, right?
- 52:23Like why would you?
- 52:24I'm this badass person.
- 52:26So, you know, like I learned so much along the way.
- 52:30And I think there's like this really beautiful thing
- 52:33that you alluded to and you said it, you know, so well,
- 52:38you have to trust yourself on one hand, right?
- 52:40Like if you don't trust yourself,
- 52:43you will never be extraordinary.
- 52:44That's versatile.
- 52:46But on the other hand, if you don't realize
- 52:48that you are in learning mode all the time,
- 52:51you are this one year old
- 52:53that always needs so strive for understanding,
- 52:55understand, understand, learn, learner
- 52:57because there's endless things that you don't understand.
- 53:01And I'm right now, I'm paying about a million dollars
- 53:04this year for different coaches.
- 53:06I have a coach for this business
- 53:08to take me to 20 plus middle of it.
- 53:11I have, you know, for the podcast
- 53:12and for the LinkedIn and for the Instagram, you know,
- 53:14like I have, seriously, like I've invested so much
- 53:17and I'm the person that didn't even believe in coaches.
- 53:20What?
- 53:21Okay, like I thought they were all BS
- 53:24and all were brought, you know, you can do it.
- 53:26I'm like, no, there's people that have walked the walk
- 53:29and if I can learn from them, how much is that worth it for me?
- 53:33So I switched, I knew that earlier.
- 53:36It's just fascinating how experience really clouds
- 53:40somebody's perception of what they don't know.
- 53:42It's, it's what.
- 53:44And we're working with the directors, VPs all the time.
- 53:47I know you are.
- 53:48I know, so you see it.
- 53:49You see it all the time.
- 53:50And I try to shake them up and say, I was you,
- 53:54not listening, right?
- 53:56Because I was dumb and that in only when they truly listen,
- 54:00this is where you see suddenly people move
- 54:02from directors to sea level
- 54:03and to create incredible things.
- 54:05And we had so many, you know,
- 54:06selling their company for $10 million.
- 54:08And we had one that is now expert in M&A
- 54:11and one that started a fund for $20 something million.
- 54:13And like now we're seeing people do incredible things,
- 54:16but it's only when they realize how much they didn't know first.
- 54:20That has to come first.
- 54:21It's like, you know, all the conversations I have,
- 54:25self-awareness keeps coming up like again and again
- 54:28and again and again.
- 54:29And I think that there is a self-awareness,
- 54:34a massive lack of self-awareness in society.
- 54:37And I think the people that are the most successful
- 54:39have the most self-awareness they have to.
- 54:42I think so anyway.
- 54:43And John Maxwell said it so well with the lid, right?
- 54:46Like you think your lid is somewhere
- 54:49but you actually have this leadership lid
- 54:51and your success will never go beyond that lid
- 54:55that you actually have in yourself.
- 54:56So that self-awareness is really important
- 54:59and it's so easy to quad our view.
- 55:02I think it's definitely another thing.
- 55:04I like sort of painting these pictures of conflicting ideas
- 55:08and wrestling with these two conflicting ideas.
- 55:10So the other conflicting idea that I have for you to think through
- 55:14is we're talking about for a zone of genius you're focusing
- 55:19on the things that move the needle the most in your business
- 55:22or the things that will move the needle the most
- 55:23even in your life.
- 55:25And that's what you should focus on
- 55:26and you're not trying to be a jack of all trades.
- 55:28However, there is a point where you do have to upskill.
- 55:33So what are the things that you have to,
- 55:36and you can, I mean, just to think about a few
- 55:38it could be, it could be tech,
- 55:40it could be understanding AI, it could be understanding
- 55:43social media and marketing or whatever.
- 55:45There's a whole bunch of the things, right?
- 55:47So what are the things that you are in your mind transitioning
- 55:54from VP to business owner and entrepreneur
- 55:57and speaker and author and podcaster and all the stuff
- 56:00that are sort of like the mission critical skills,
- 56:03could be hard skills, could be soft skills
- 56:05that you've had to incorporate into your own life
- 56:07to be successful.
- 56:09This is a great question because like you said,
- 56:11it is a balance, right?
- 56:12So you're on a focus on one hand, yeah.
- 56:15Yeah, I'm learning all the time, all the day, you know,
- 56:18and again, like I said, I'm investing in like a million dollars
- 56:21and learning as fast as I can so that we can grow, right?
- 56:25The way I look at it in, you know, there's basically,
- 56:31like you wanna, I mean, there's gonna be things
- 56:33that you're just incompetent about, right?
- 56:35Like again, you know, my joke about the kitchen, true, right?
- 56:39There's things that you're competent about,
- 56:41but you're just, it's never gonna be your secret sauce.
- 56:45Like I could have continued writing code in Intel,
- 56:49but that would never be what I'm shining in, right?
- 56:52Like I could always see the people that, oh my God,
- 56:55I can call the full day all day, this is so fun.
- 56:58And I'm like, no, there you go.
- 57:00And for me, it was low for the interaction with the clients
- 57:04and the people and putting that business, you know,
- 57:08accum together with the people that made it really fun for me.
- 57:12And so if I'm being really honest,
- 57:13I was looking for that combination of people, business,
- 57:17for a long time, and that's why I did all these roles
- 57:19of technical sales and product management, then, you know,
- 57:24operations and leaders.
- 57:26And so I was looking for that too, right, for a while.
- 57:30So it takes, first of all, some time to really nail that zone
- 57:32of genius and don't be afraid of experimenting.
- 57:35So that would be what I would say to your audience, right?
- 57:37Like experimenting is the right mechanism.
- 57:39Start-ups need to experiment all the time
- 57:42in order to find where their market fit is.
- 57:44Why are we so afraid as individuals to do that too, right?
- 57:48So first of all, it's been a lot about experimentation.
- 57:51But once you find this thing, and for me,
- 57:53that passion became really helping people
- 57:55with the same thing that I had, you know,
- 57:58to really reinvent the leap so that they can do it again,
- 58:00again, and become the best version of themselves.
- 58:03And once you have that, now you can say,
- 58:05okay, so now, what do I need to learn
- 58:08to make it do the first million?
- 58:09What do I need to learn to make it do the first 10 million?
- 58:11What do I need to learn?
- 58:12You know, it's because now there's things like there's sales,
- 58:15there's marketing, like you said,
- 58:17like I don't know how to do this, you know,
- 58:18editing thing, whatever.
- 58:20How do I hire?
- 58:21Who do I hire?
- 58:22How much do I pay?
- 58:23How do I train?
- 58:24You know, how do I scale?
- 58:26Like I can go in and on, like I mean,
- 58:28I just came back from a course on finance.
- 58:30Like I don't know enough finance, like I know enough finance
- 58:32to put, you know, some random check of $50,000
- 58:36on an entrepreneur that I cared about,
- 58:37but I don't know anything about finance.
- 58:39Like it's a very different thing.
- 58:41So you're learning all the time,
- 58:43but as long as you know this is getting you closer
- 58:46to your goal, that's where, you know,
- 58:48that's where you want to be.
- 58:49And again, for me, it's about eventually championing
- 58:53those who really dare to dream,
- 58:55but in order to do that, I need to dream too.
- 58:58And that's why, you know, like for me,
- 59:00I need to keep on pushing my dreams,
- 59:03keep on being surrounded with incredible people.
- 59:06That's why I have the podcast that I get
- 59:08to talk to incredible people.
- 59:09That's why I go to Richard Branson Private Island
- 59:11because he inspires me.
- 59:13So that's why I need to constantly move my lid of belief.
- 59:17And that's the only time I can actually start
- 59:20helping more people move their belief as well.
- 59:23So I hope that answers the question.
- 59:24It does.
- 59:25And I'm also curious for you as a business owner
- 59:28and an entrepreneur, you, I mean,
- 59:31you've done all the right things.
- 59:32You've immersed yourself with people
- 59:34that are a couple steps ahead of you
- 59:37and far, far ahead of you through your network
- 59:39and your connections and your podcast,
- 59:41you're investing in coaching and consulting
- 59:43a little bit curious about that
- 59:45because I know not every entrepreneur
- 59:47invests that much money in coaching
- 59:49for sure that's a lot of money to invest in coaching.
- 59:52But then you, you know, you figure out what things
- 59:54are KPIs or metrics you got to track
- 59:56and you figure out the activities
- 59:57to sort of move them forward.
- 59:59That's a lot.
- 1:00:00So that's very overwhelming.
- 1:00:01So I think that this is a great conversation
- 1:00:03for somebody who is just starting to build
- 1:00:05if you're going to give advice for an entrepreneur
- 1:00:07to say they really do want to start to build.
- 1:00:10They have their own, they have their zone of genius,
- 1:00:12they've sort of listened to this whole show so far
- 1:00:15and then they're like, listen, okay,
- 1:00:16if entrepreneurship, even after I figure out
- 1:00:19my zone of genius is going to take
- 1:00:20all these different new things that I have to learn
- 1:00:23plus, plus a million dollars a year in coaching,
- 1:00:27forget about it.
- 1:00:28No.
- 1:00:29So let's, let's, I mean, you're the perfect candidate
- 1:00:32for this sort of case study
- 1:00:34because you transitioned out of corporate
- 1:00:35and you now made not only your first million
- 1:00:37not only your first 10 million
- 1:00:39but that you started out your first million.
- 1:00:40So how did you find product market fit for your zone
- 1:00:43of genius because there's, you know,
- 1:00:45the concept of Ikki guys.
- 1:00:47It's what you're passionate about,
- 1:00:49what the market needs and what you're good at, right?
- 1:00:53So there's these Venn diagram of the three things
- 1:00:56and the zone of genius is, I guess,
- 1:00:58the similar Venn diagram intersection.
- 1:01:01So it's not only what you know and what you're good at
- 1:01:04but the market needs it and you have to be able
- 1:01:06to actually do the thing.
- 1:01:09How do you figure out for yourself?
- 1:01:11Look, leap, how did you figure out
- 1:01:12there was a market need, product market fit
- 1:01:15to get you to your first million dollars?
- 1:01:17So it's a great question and I want to put,
- 1:01:19you know, first start with, you know, the numbers, right?
- 1:01:23Like you don't invest the million dollars
- 1:01:25if you don't know where this is going
- 1:01:27where the ROI is, right?
- 1:01:28Like first of all, let's put some caveat.
- 1:01:31And also like let's be real.
- 1:01:32First of all, we talk about that not everybody
- 1:01:34wants to be entrepreneur and I also gonna say
- 1:01:38not everybody wants to work as hard as I do, right?
- 1:01:41So I don't want to make it sound like I sit
- 1:01:44on the beach all day and collect the money.
- 1:01:46I'm the hardest worker I know
- 1:01:48and not everybody wants to work that hard.
- 1:01:51So the fact that I told you see how this can become
- 1:01:54a billion dollar company and I will do whatever it takes
- 1:01:57to get there, that's not necessarily
- 1:01:59where everybody else is going, right?
- 1:02:01So first of all, you need to find your own journey
- 1:02:03and what's right for you.
- 1:02:04And this is also where the must have really helped
- 1:02:07because you know, if you want a quick, you know,
- 1:02:09I just want some, you know, bigger paycheck
- 1:02:12and you know, to just cruise and do some,
- 1:02:16you know, fun things on the side, this is not it.
- 1:02:18And that's okay.
- 1:02:19So first of all, just kind of like putting a little bit
- 1:02:22of perspective and that's also not how I started.
- 1:02:25So I started with probably investing about,
- 1:02:28I don't know, 5K and you know, that helped me get
- 1:02:31to the first whatever 15K.
- 1:02:33And then I say, you know, put 30 and that helped me
- 1:02:36get to 100K and then I put 100 and that got me
- 1:02:39to the first two, three million.
- 1:02:41You know, like it, there was like a rhythm there.
- 1:02:44So you don't just start with shielding money
- 1:02:46if you don't know where the ROI is.
- 1:02:48But I will go back to experimenting
- 1:02:50because I think one of the things that companies do so well
- 1:02:53and I was mentoring in the biggest startup accelerators
- 1:02:55like in Google, you know, Google accelerator
- 1:02:58in Singularity University and I was teaching
- 1:03:00Carnegie Mellon and other places.
- 1:03:02And one of the things that I realized,
- 1:03:04it's so common for us to help companies experiment
- 1:03:08or startups experiment with how do you find your first clients?
- 1:03:12Is there a market fit?
- 1:03:13Like how do I assess it?
- 1:03:14And for some reason, people don't do this for themselves.
- 1:03:19So the one thing that I would say is,
- 1:03:21hey, it's easy to test, so cheap.
- 1:03:24Like let's see if there's the demand.
- 1:03:26Like let's put an ad together.
- 1:03:27Let's put a landing page and just see if something comes up.
- 1:03:31Let just post somebody, you know, something and see,
- 1:03:34you know, people say, yes, I'm interested.
- 1:03:36Like that's all it takes initially
- 1:03:38because initially you're not looking for 100 clients.
- 1:03:40You won't even know what to do with 100 clients.
- 1:03:43What you're looking for initially is those 5, 10 individuals
- 1:03:47or one or two corporate that will say, yes, I do.
- 1:03:50So initially we're not looking at big numbers.
- 1:03:53So all we need to do is a few really, really cheap, free ways
- 1:03:57basically to just let's get this off the ground.
- 1:04:00Let's test it.
- 1:04:02And the beautiful thing is not only you test the man,
- 1:04:04but you also test it this is what you want to do.
- 1:04:06And once you do, you learn more.
- 1:04:08And now you can like take it to a next level.
- 1:04:11You can change the pricing.
- 1:04:12You can start scaling.
- 1:04:13You can decide how you want to scale.
- 1:04:15So I really believe those experimentations
- 1:04:18are really, really critical.
- 1:04:19And I don't think enough people do that.
- 1:04:22Very, very smart.
- 1:04:23Okay.
- 1:04:24What did we not, we went into a lot.
- 1:04:26What did we not go into?
- 1:04:27What did we not talk about yet?
- 1:04:29Trying to, yeah, I can go into everything.
- 1:04:31We went through a lot.
- 1:04:32We went through a lot, a lot.
- 1:04:33Okay, so we can say, like listen, I want people to know.
- 1:04:38I'll ask a couple of questions just to close it out.
- 1:04:40But where can people, like you're working on leap academy
- 1:04:42now, even just a quick description of what that is,
- 1:04:46who it's for and where people can find you and leap academy.
- 1:04:50So just so that it's in the in the podcast.
- 1:04:52And then I'll put it in the show now to see
- 1:04:53what's some links and whatnot.
- 1:04:54Awesome.
- 1:04:55So we help driven professionals,
- 1:04:57or driven individuals that really are feeling either stuck
- 1:05:01or they feel like there's a lot more that they can do
- 1:05:04to really reinvent and leap in their careers,
- 1:05:07leap their reputation, leap their income,
- 1:05:09leap their capabilities,
- 1:05:11and really become the best version of themselves.
- 1:05:13And whether that means that they need to just land
- 1:05:15a job right now and then leap again again,
- 1:05:17or whether they want a faster leadership
- 1:05:19or want to jump to a entrepreneurship
- 1:05:21or play with a portfolio career,
- 1:05:23that's what we want to help them do.
- 1:05:25And it's leapacademy.com.
- 1:05:27And my email is elanaethleapacademy.com.
- 1:05:30It's really simple.
- 1:05:32And I'm probably gonna push it to my team.
- 1:05:34But the one thing that I will say is,
- 1:05:36and if I may, because you asked what we didn't talk about
- 1:05:39and I will just say it one thing,
- 1:05:42leaping is a habit.
- 1:05:43And once you learn the skill,
- 1:05:45you can just apply it again, again, again.
- 1:05:47So one of the things that people ask us
- 1:05:49is you just started a podcast.
- 1:05:51How are you already top charts in education, right?
- 1:05:54Like that doesn't make sense.
- 1:05:55And the reason is because we're just applying
- 1:05:58the same skills again and again and again, right?
- 1:06:01You want to join boards, you do the same.
- 1:06:03You want to do public speaking, you do the same.
- 1:06:05You find your clarity, you find your story,
- 1:06:07you're a linear network, you're a linear repetition.
- 1:06:09Like it's really not rocket science.
- 1:06:11So when you learn this skill,
- 1:06:13you can apply it again and just start taking the boxes
- 1:06:17and live a life of dreams.
- 1:06:18So I think that's a great example.
- 1:06:21I love that.
- 1:06:22Okay, if you were going to,
- 1:06:25if you look back at all the different things
- 1:06:27that you've accomplished through your life,
- 1:06:29through your career,
- 1:06:32and I also, I don't,
- 1:06:33I use to ask this question all the time.
- 1:06:35I don't ask it because a lot of people
- 1:06:37have the same answer to it,
- 1:06:38but I want to understand your perspective on this question
- 1:06:42as well as some of the people
- 1:06:45who are later stage in their career,
- 1:06:47their perspective on this question
- 1:06:48because I know that you will have answers for them as well.
- 1:06:51But the question is what does success mean to you?
- 1:06:53So what does success mean to you
- 1:06:55and your life and your business
- 1:06:56as an entrepreneur who's gone through
- 1:06:57like very distinct different careers?
- 1:07:01But also what does success look like
- 1:07:05for somebody who's at a later stage?
- 1:07:06What should people aspire to be like or to emulate?
- 1:07:11So that's a beautiful question.
- 1:07:12It will vary.
- 1:07:14So one of the things that we're hearing
- 1:07:16are pretty much three types of answers
- 1:07:19and I'll then say kind of blind.
- 1:07:21So one is we hear people that basically want
- 1:07:26to tick the box of the C suite
- 1:07:27or just tick the box of that corner office,
- 1:07:30managing a large team.
- 1:07:32I just need to feel and it doesn't matter if
- 1:07:34because they need to tick the box,
- 1:07:35they want to prove to their family
- 1:07:37that they tick the box.
- 1:07:38It really doesn't matter.
- 1:07:39But they're that driven,
- 1:07:41they did everything right
- 1:07:42and they just want to see themselves in that corner office.
- 1:07:45And the second thing that we're hearing is freedom.
- 1:07:49And freedom, I think it varies,
- 1:07:52like I call it freedom to choose
- 1:07:54because the freedom to choose can be,
- 1:07:56I want the bigger house,
- 1:07:58I want the house at the lake,
- 1:07:59I want the second home, I want to fly first class,
- 1:08:01but it can also be,
- 1:08:03I want the freedom to know that money is not an issue
- 1:08:07and I want to create everything
- 1:08:08and I want to donate to nonprofit that I care about
- 1:08:11and I want to create my own nonprofit
- 1:08:12and that is a big portion.
- 1:08:15And the third thing is more that legacy,
- 1:08:18thought leadership,
- 1:08:19to really feel like you have a name
- 1:08:23and you're moving people
- 1:08:25and you get the status
- 1:08:27and you find yourself on your finance
- 1:08:30or on the big stage
- 1:08:32and you just feel like,
- 1:08:34oh my God, look what I created, right?
- 1:08:37So we do see a little bit of kind of people
- 1:08:41kind of splitting to some of these
- 1:08:43in terms of where they want to go
- 1:08:46and kind of what there's the big thing for them.
- 1:08:48For me personally,
- 1:08:51if you would have asked me probably two, three years ago,
- 1:08:54my answer would have changed.
- 1:08:56My answer was basically just to feel like I've been successful
- 1:08:59to feel proud, to feel accomplished.
- 1:09:01And only three years ago,
- 1:09:04you still hadn't felt that.
- 1:09:06Because of my big, downed spiral,
- 1:09:08I think I shattered my whole view on myself.
- 1:09:12You know how ridiculous that sounds though?
- 1:09:15Given like what you've accomplished.
- 1:09:17No, I'm serious.
- 1:09:18You've accomplished so much.
- 1:09:19It's pathetic.
- 1:09:21But it's true.
- 1:09:22Like it's shattered every confidence level that I had.
- 1:09:25Well, if you ask me now,
- 1:09:27after I know what we achieved
- 1:09:31and maybe being inspired by people like Richard Branson
- 1:09:34and others,
- 1:09:36what I realized is that there is a level of impact
- 1:09:40that I didn't even realize exists.
- 1:09:43And obviously we get a lot of impact here in leap academy.
- 1:09:47I know we change people's lives.
- 1:09:49I mean, we change probably almost 1,000 lives a year, right?
- 1:09:52Like it's a big number.
- 1:09:54But I also know,
- 1:09:55and you know, when we change our lives,
- 1:09:57their families are better,
- 1:09:58their companies are better, their role models,
- 1:10:00there we change societies,
- 1:10:01we create a better life in better world.
- 1:10:04But what I realized is there's a different level of impact
- 1:10:08that I would love to aspire to.
- 1:10:11First of all,
- 1:10:12because I would love to move the needle on millions of people
- 1:10:15and kind of be able to change millions of lives
- 1:10:19and a billion people in the world.
- 1:10:22That's kind of how we say it for our company.
- 1:10:24But what I realized is that when you build
- 1:10:28a specific personal brand
- 1:10:29in a specific level of success,
- 1:10:32you can actually call almost anyone in the world.
- 1:10:34And you can actually create bigger things
- 1:10:37than you ever imagined.
- 1:10:39And if I could, you know, kind of have a crystal ball
- 1:10:42about where my next 10, 12 years, 15 years are going,
- 1:10:48this is where my crystal ball is going.
- 1:10:50I love that.
- 1:10:51How much, just to add a dendum onto that question,
- 1:10:56how much of,
- 1:10:57if you mentioned freedom and freedom to mean a lot of things,
- 1:11:00you made a lot of money as an engineer,
- 1:11:02obviously I'm assuming for Intel engineer,
- 1:11:04that's a decent sized paycheck.
- 1:11:06I mean, making a lot of money as an entrepreneur,
- 1:11:10how much money do you think people need to make
- 1:11:12to truly be comfortable?
- 1:11:13Because I think that it's a lot more than a lot of us think,
- 1:11:17like I don't think that 100K in Canada,
- 1:11:21I'm Canadian, 100K in Canada after tax,
- 1:11:23cost of living in Toronto is really hard, right?
- 1:11:27That's not, that's actually not a lot of money.
- 1:11:29But I think that it's a lot less than $5 million,
- 1:11:35$10 million a year.
- 1:11:36For most people.
- 1:11:38So I'm curious in your experience with all these executives,
- 1:11:41some of those executives are pulling big paychecks too,
- 1:11:44like some of them are, they're not, they're not making nothing.
- 1:11:46So what do you think that like perfect amount is
- 1:11:49based on your experience as a W2 entrepreneur
- 1:11:53dealing with execs?
- 1:11:55It's a great question and I think it's a really hard one
- 1:11:59to answer because the interesting thing is,
- 1:12:01as human beings, the more we make, the more we somehow,
- 1:12:05make use of it, right?
- 1:12:09So I think there's, again,
- 1:12:10when I came to the US for the first time,
- 1:12:13I just made 60K and I was so proud of myself
- 1:12:16because they basically asked,
- 1:12:17how much did you make in Israel?
- 1:12:19And I just flopped the answer
- 1:12:22and I didn't even think that we're not paid the same.
- 1:12:25So it took me a few years to realize,
- 1:12:27oh, okay, yeah, I'm the lowest paid engineer
- 1:12:30probably ever in Silicon Valley.
- 1:12:32So I think it's also,
- 1:12:35so I needed to kind of learn also the hard way
- 1:12:37to negotiate and charge my worth.
- 1:12:40But I will also say that it changes, right?
- 1:12:42Because somehow I was okay with making that amount.
- 1:12:47And right now, I think it's very, I mean,
- 1:12:51again, it's not necessarily what we take home obviously, right?
- 1:12:54But even as a company, you know,
- 1:12:57if we're making less than half a million a month,
- 1:13:01we're in trouble as a company, you know what I'm saying?
- 1:13:03So the number has changed.
- 1:13:06But it's not like your lifestyle changes dramatically either
- 1:13:08because a lot of that, especially as an entrepreneur,
- 1:13:10you're putting that money back into the company anyway.
- 1:13:12So you're putting it back to growth, right?
- 1:13:15And I think that's also where you need to decide
- 1:13:17what your priorities are.
- 1:13:18So I barely take paycheck right now.
- 1:13:20I just keep pushing it on more hires, more ads,
- 1:13:23more marketing.
- 1:13:25So I barely take anything because I'm so believe
- 1:13:28on what we're creating and I just want to make sure
- 1:13:31that we keep on changing more and more lives.
- 1:13:34But on the other hand, I do live a dream
- 1:13:36and I find myself on a cruise ship
- 1:13:38through the Bahamas with celebrities and, you know, whatever.
- 1:13:41Like I do allow myself to live in incredible lives
- 1:13:45that I don't know if I could ever imagine.
- 1:13:48But I try to also create a lot of impact and a lot of change
- 1:13:52and to donate a lot more than I ever could.
- 1:13:56And also know like he buys other things
- 1:13:58that I don't think I knew in advance.
- 1:14:00So just to kind of like say what you know,
- 1:14:02I mean, with professionals, I mean,
- 1:14:05we worked with professionals all the way from
- 1:14:08trying to get to the first six figures
- 1:14:10all the way to people who landed $2 million rolls a year.
- 1:14:14Yeah.
- 1:14:15And $2 million with no responsibility, you know.
- 1:14:18You don't have a superdarsive responsibility.
- 1:14:20So let me tell you, they're going to make
- 1:14:22a lot more than me for sure.
- 1:14:24But the interesting thing is, so again,
- 1:14:27we see a variance and we see all this, you know,
- 1:14:30but I think this pros and cons in that too
- 1:14:32because I call it the golden, you know, handcuffs.
- 1:14:35Like they feel like they can't leave
- 1:14:38and they're trapped now.
- 1:14:39And again, some people are like,
- 1:14:40well, I'm not going to cry about that.
- 1:14:41But the truth is they don't necessarily live the life
- 1:14:44that they want.
- 1:14:45They travel as much of the company wants.
- 1:14:47They don't see the kids as much as they want.
- 1:14:49You know, like there's like there are drawbacks to that.
- 1:14:52So I think that's also where it kind of comes back
- 1:14:54to the Mustavs and really to the side.
- 1:14:59So one of the big moments in my life
- 1:15:01and kind of how I came with the square focus in the Mustavs
- 1:15:06is when, you know, I got an opportunity
- 1:15:08to be somebody very, very high up
- 1:15:12in one of the big companies that we know.
- 1:15:15And that would have meant basically flying every single week.
- 1:15:20Yeah.
- 1:15:21At that point, I tried to think about what is the number
- 1:15:23that will get me inspired.
- 1:15:26And I thought big, I was like a million dollars a year,
- 1:15:28two million dollars a year, three million.
- 1:15:29Like, is there a number that will make me
- 1:15:32leave my family every week again?
- 1:15:34And I was already there for my, you know,
- 1:15:37previous start I've been like, you know what?
- 1:15:38I don't think there's a number.
- 1:15:40And if there isn't a number,
- 1:15:42that means that it's not meant to be.
- 1:15:43So I think there's also a level at some point
- 1:15:46that you're like, you know what?
- 1:15:47I'm not, what am I going to do?
- 1:15:48Buy more clothes.
- 1:15:49I was like, what am I going to do?
- 1:15:51The only thing that I can do is donate more,
- 1:15:54be involved with bigger sayings, you know,
- 1:15:56and make sure that leap academy changes
- 1:15:58as many lives as possible.
- 1:16:00So at some point, you just don't need more cash.
- 1:16:02You just need fulfillment and freedom
- 1:16:04and to live the best life you can.
- 1:16:06Hello, that very, very good answer.
- 1:16:08I think that's smart because a lot of context,
- 1:16:11because I don't like when people just,
- 1:16:13I mean, you should never start a business for the money.
- 1:16:15But I don't like when people just want more for,
- 1:16:17and I'm a big fan of capitalism
- 1:16:19and making a ton of money.
- 1:16:20But I think that you have to figure out
- 1:16:22how you want to make it too, which is very important.
- 1:16:25Last thing I wanted to ask you just to give some last wisdom,
- 1:16:29bits of wisdom to the audience,
- 1:16:30because you've given a lot today.
- 1:16:32But you go back in time, you can talk to your 20 year old self,
- 1:16:36but it would be one thing that you would tell
- 1:16:37your 20 year old self.
- 1:16:38Wow, it's funny because I asked this,
- 1:16:41and it's really a hard start.
- 1:16:44I think one of the things that I would tell myself
- 1:16:50is to not go through this alone.
- 1:16:51I think my journey was a lot lonelier
- 1:16:54that it should have been in the first 20 years of my life.
- 1:16:57I thought that with my Air Force background,
- 1:17:00I need to continue that facade of everything
- 1:17:04is under control.
- 1:17:05I got this.
- 1:17:06I don't need to ask anybody for help.
- 1:17:08I will always figure this out.
- 1:17:10And if I need to, and I don't cry,
- 1:17:12don't show emotions.
- 1:17:14And if I need to, I will show it on my pillow,
- 1:17:16but I will never, you know,
- 1:17:17like I was just really like,
- 1:17:22you know, this loneliness, it's lonely.
- 1:17:25And there's no reason because people have walked the walk,
- 1:17:28people can help you get there faster,
- 1:17:30and people can get there higher.
- 1:17:32What would have happened,
- 1:17:33you know, the biggest cost in their life
- 1:17:35is always the money we're not making.
- 1:17:36What would have happened if I started this years ago?
- 1:17:40We would probably be at a hundred million now, right?
- 1:17:43So it's like, what was I thinking, you know,
- 1:17:46so I think there's something about just
- 1:17:49stop being alone on journeys.
- 1:17:52Find the person that have been roughly where you are.
- 1:17:56It's probably the way it's honestly us, right?
- 1:17:58But find the person that's been where you are,
- 1:18:01know where you're going,
- 1:18:02and they can probably get you there faster,
- 1:18:05higher than you ever imagined possible.
- 1:18:07And I wish I didn't do all of this on my own.