The Difference Between Belief and Delusion | Tom Bilyeu AMA
3I3SbYuB2EU • 2018-04-07
Transcript preview
Open
Kind: captions Language: en everybody welcome to another episode of AMA live I am your host Tom bill you but it's not live so technically just welcome to an AMA I'm so used to saying that and I'm gonna be taking your questions because I'm traveling this weekend we have an amazing event I'm gonna be in Chicago at the Comic Con there we continue to beef up this company from a content creation standpoint so if you're in the Chicago area by the way be sure to say what's up hit me up on social we'll find each other I don't have a booth this time so we're just gonna have to find each other all right first question without further ado is from plastic funnel that's quite the name is your answer to coping with the feeling of being a fraud in your answer that makes a lot more sense in your answer to coping with the feeling of being a fraud you sound like a madman in your hunger to learn on a long on a long enough timeline you will win but where do you draw the line between a self reinforced delusion that is strategically useful and not useful it's a great question so this is something that you have to get really good at being able to hold two competing ideas in your head at the same time being able to feel like I really have this I've got it I know what I'm doing I'm moving forward full steam ahead and checking yourself and making sure that that confidence isn't spilling over into destructive delusion I won't even say to monitor it just to make sure that it's not spilling over into delusion because almost certainly if you've never done something before to believe that you can is pure delusion to believe you can learn on the other hand is not but that's where you've got to have that balance you've really got to believe that you're gonna pull this off you're gonna figure it out that somehow someway that you're gonna be the one that figures out when nobody else could figure out and I'll say that really is delusional statistically speaking certainly and you have to then check that against okay where where is the the borders of usability here it's good that I'm thinking like that it's good that I have the energy it's good and this is the most important part that I have the willingness to act decisively which is where most people fall down but you really do have to then check yourself and say okay where are my points of weakness and what I find is a lot of times what you need over here on the I can do this side is a quiet self-belief that's inside you you don't have to trumpet that a lot but you need that quiet self-belief what you need to get other people rallied around you is they need to see decisiveness they need to see certainty there is so much intoxication to certainty so now we've got those things we believe in ourselves our ability to learn and adapt cool our team believes that we that we believe we know what we're doing awesome and they can get excited by that certainty the clarity of vision they know exactly how to execute there's no ambiguity there's no confusion those are the things that kill teams then on the other hand we have an ability to very clearly articulate to ourselves if nobody else but oftentimes I do involve the team on this to articulate to ourselves what our weakest points are and what the parts in the puzzle that we're trying to solve for now the reason I'm able to involve the team in that is because they can see that I'm not wavering on my certainty of what to do so I'm saying do this go here talk to this person say this get that think about it like this then over here I can say okay and now we're gonna flip it over we're gonna look at the underbelly of the strategy and see if we're actually right and I'll walk people through my logic now this is where if your logic isn't sound your team is gonna revolt so my thing is by the time I'm talking to the team and certainly by the time that I'm revealing my soft underbelly I have thought about this so much that I really really have the issue conceptualized and as long as there's a logical through line in my plan that the team can hold on to they'll go okay I dig it his logic makes sense and the punchline of his logic is go do this for now we're gonna revisit it we're gonna come check back so there's a self-awareness in the process of knowing I could be wrong I'm always gonna be checking myself I'm gonna be looking to see if those things that I'm telling team to go do if they're actually revealing or giving us results or not and if they're not then we're going to adjust strategy and because I've told everybody where we're at but I've kept everybody focused with the certainty the clarity the decisiveness then other voices can be heard we're constantly looking and checking at that but this process of doing what they call red team blue team where your act we trying to pick holes in your the the way your plan what you're actually executing those voices have been in the mix they feel like they're being heard and that's another critical part to keeping the team going okay so there it is all right ray Paulus how do you limit yourself especially to new opportunities often times they get overloaded with the responsibility of each new opportunity okay eighty percent of business is knowing what not to do that's the really hard part most people have no dearth of opportunities and I think that that has certainly been true in my life I think that that's certainly true for most people the real hard part is being in that room of the thousand doors and knowing which doors to close so you have to get really good at creating certainty at being decisive at being willing to take a step and when it comes to that honestly the thing that I've noticed most is just a willingness I'm trying to survive the tail end of an illness here the willingness to make a decision even when you don't have all the information that's really where we separate the people that go on to win from the people that just stand still because remember the most data rich information stream is action whether that action is a win or a loss is someone irrelevant the whole point is you have to be moving forward you have to be acting decisively because that gives you that data rich information stream most people are so terrified to make a mistake they're so paralyzed by indecision because they don't know which is right that they never make a decision they never hit that data rich stream and they don't learn very fast and so they move 10 times 20 times a hundred times more slowly than the next person who's willing to act who's willing to make mistakes who's not afraid to look stupid so that's the key as I'm sure you've heard said the only thing we have to fear is fear itself I will modify that and say the only thing that we have to fear is indecision man this cough is like really messing with me all right I had to give a talk today at Google and for the first like 10 minutes I sounded just like this like I'm dying and then it wears off so let me just bear with me I'll make sure I give you nuggets of gold yeah Conner is gonna hate his job today all right next question David beer I have a question about how you research people you odd you mentioned how deep you go understanding their world but how deep do you really go specifically what is your step-by-step process I'm laughing at myself here and how much time do you spend on it all right so I really do go deep and I spend probably average 10 to 12 hours on a main episode guest that's reading their book it's watching all of their videos and doing all of that the key thing that I do and this is where there's really two things that I do that I think really separate my style number one I follow my fascinations and oftentimes my fascination will lead me to look up something really obscure and in doing that I stumble upon oftentimes like a real piece of humanity and that's where people really really end up connecting with the guests and certainly that's where the guest ends up connecting with me and don't underestimate the power of the guest connecting with me and then being willing to lower their guard and that's why a lot of times people say that I get something out of people that other people don't because the guest feels very safe and that that's a really critical part of my interview style so one example of this was with Seth Godin and I came across this tidbit where he said I once cried when Leonard Nimoy died and I thought well that's so weird like what would make him cry about that what is that and so going down that rabbit hole and trying to figure out what his relationship is reading some of his blog articles around that around characters narration the difference between Star Wars and and Star Trek and you really start to get an understanding of where he might go now I don't always live by the following maxim but this may be one of the most important things if you're trying to copy my interview style one of the most important things to know is I try never to ask a question to which I don't already know the answer now hopefully does it feel that way hopefully it feels very spontaneous onset but the reality is I'm trying to take the interview somewhere and when it's something that really fascinates me I want to understand why they say that and the reason I understand why they've said the saying that fascinates me reason I need to understand that excuse me is because I need to know if their answers gonna be valuable to you the audience that's that's huge right my obligation is to you guys my obligation is to figure out how do I take this person somewhere where they a haven't already said this that thing a thousand times and then be that when you hear this new piece of information that they have they are actually going to be interested so I'm always looking for things that you guys can adapt into your own life and whenever something is an operational level belief system then I'm really excited so in a nutshell those are the things that I'm really trying to do I'm trying to follow my own fascination to make sure that I'm really interested in what they're saying so that I can be super authentic on set that they will feel the day will feel really heard and understood Connie you're gonna have to cut all these out of them it's just getting fun crazy yeah so I want them to feel heard and understood I want there to be a real connection I want to be going a layer deeper than anybody else and I want to know I know how they're gonna answer that question so that I can follow it up with another question or if they say something and it takes us into new territory maybe even my response catches me off guard on set to something they say and now we go somewhere new then I know how to bring it back because I know all the areas that I want to touch on because I really have a 360 degree view of the person all right so I think that's enough on that jenna robinson i'm currently reading mastery and there's a part where robert green says in your 20s you should go through an apprenticeship phase does this contradict your idea of having a super specific goal where you can map out every zigzag how would you do that when you're in this experimental phase of your life when you're trying to figure out what career you want so it doesn't contradict it they're just different parts of your life different times in your life and the one of the most powerful parts of the mastery phase is that you've I really identified what you want to do and once you've identified what you want to do going and working with the master is one of the ways to really rapidly gain the skills you need so there's two parts there's the exploratory phase where you're not sure what you want to do and I wouldn't try to prematurely optimize by going down the path of gaining mastery we just try to experience it a lot of things I would play with them I would dabble and see which one really strikes your fancy once you know which one really strikes your fancy you're super interested that's the path you want to go down you may be even begun going down the process of gaining mastery already and you realize I love this I love this enough to put in the work I believe in what its gonna bring to me in terms of what mission it's going to allow me to accomplish then you go and engage with a master and you pour yourself into that study and working with them and in doing so they're gonna shorten your learning curve which is incredibly incredibly powerful so spending your 20s in that phase if you've already gotten the point where you know that's what you want to do then that's amazing if it takes you into your 30s so be it but before you start optimizing which is what you're doing with the master you want to make sure that you first know that that really is the area that you want to go down all right day-day many people do not execute on their goals because they lack a clear vision of all of their pathways to success how did you go about finding option C and D instead of just choosing a and B well it's not really how I think about it if I'm honest so what I do is I play a game called no [ __ ] what would it take and I try to work backwards from success and I say that I'm working backwards in a slightly different way than I normally mean it what I'm talking about is I find a path where anybody you tell would be like yeah well 100% that would work no one would do it it's crazy it's not technologically feasible whatever thing they say then after that but yes if you could do that that would work like if I said you had to commute you know 20 miles in LA and you had to do it in less than 30 minutes at rush hour well what would you do you would have to fly in a helicopter everybody would say yep that would work you can't afford it but that would work and then you can work backwards from there and you see people doing things like building drones now they carry a single person they worked with the FAA to actually get them legal so that's how something like that is really going to work is somebody started from well I know what success looks like now it becomes how do we make a feasible version of that rather than what most people do which is think of where they are today and think how impossible it would be to get there in their car they first started a car and then they start thinking maybe they would do a motorcycle okay that's working from failure and trying to work forward instead work from success something you know guaranteed home run it works and then look at what are the things that stand in your way and if some of the things that stand in your way in the case of a helicopter cost then it becomes a question of can you reduce the cost of that method so we talked about this before we started quest how would we end metabolic disease well we knew if we could make food that people chose based on taste and it happened to be good for them then it would work because we'd be leveraging people's own behaviors against them their desire to eat hyper palatable foods packaged convenience well marketed all that stuff that's what's driving eating behavior so if we could take advantage of that and then just slide in something that was actually good for you then we really had a shot doing the same thing here at impact theory I know to get the average person to adopt an empowering belief system it has to come in the form of entertainment has to be someone invisible it's got to be baked into the cultural subconscious and that over time people just begin to think like that so that's why we're doing it that way so more than I'm you know I'm thinking oh here's Path number one I'm thinking what's the most real what's the most realistic plausible path and then does it meet other criteria can it be monetized am I gonna have fun am i passionate about both the path and the goal so all of those things play into it as well all right Josh Moran Ian I realized that I don't have a super specific goal but I have a clear vision of what my goal looks like I know I am going to be leading a team company in an industry I'm passionate about my question is how can I specify my goal without limiting my path to get where I want in my career how can I specify my goal without limiting my paths yeah so the the problem is you don't actually know what your goal looks like so this is the the the quintessential question I get asked is somebody who says that they have a clear vision of their goal but then what they describe is something as super vague as I know I'm gonna be leading a team company in an industry that I'm passionate about okay please understand that is a hopelessly vague statement like that is vague in the most aggressive way possible and it's the vagaries of that that then create the problem so because you don't know what to execute against you don't know what kind of products to make you don't know who your consumers are so when doing a business we're doing anything in life you you really have to get down to the level of just absolutely ridiculous hyper specificity so the example that I always use is of the Olympics the the goal that you have is as Vegas saying I want to win a gold medal so first of all you want to win a gold medal in what the Olympics okay cool you want to win an Olympic gold medal winter or summer okay summer tennis swimming like what is it swimming okay great do you want to do the breaststroke do you want to do the medley like what exactly is it until you know the very specific event in the sport in the games that you want to play you're not going to know how you should train and at the end of the day it's the training it's the acquisition of skills that's really what you're trying to get down to that's why you need the hyper degree of specificity because without that you can't a drive forward you can't acquire the right skills and B if you don't know exactly where you're going then you'll never know if you're making progress so when you have a goal that's super vague like I want to drive around in my car okay great like you're driving around in your car and now what you don't know whether you're going in the right direction you don't know if you're making any progress so you really have to pin this stuff down to a just an insanely clear and specific place once you have that then you'll know what you should be training in and whether or not you're making progress Stephen Shrem Beck I've been working on radios radical truth principle for two months now but radical transparency is a huge hurdle how do I practice radical transparency without pissing off everyone in my life who doesn't get it do I need to ask permission to be honest is that good enough I will say that this is near impossible to do with everyone in your life if people don't buy into it it is absolutely not gonna work one read a Leo's principles is written within the context of people who have agreed to be a part of a team so whether it's at a job I think you can get people to agree there if it's in your immediate family and get people to agree there but once it starts going farther than that like unless you have a soccer team or something where you can actually get people to come together you can present the idea and see if they buy into it it's pretty hard to abide by radio's principles without people actually buying into that so that's first and foremost it's ought to be applied to a group that will actually buy into it it really won't work it'll be totally dysfunctional for you to just try to do it now you can live your life by principles and you can be radically honest and transparent about yourself you can even decide that you want to be radically transparent with other people and you can train them to only ask you questions if they really want to know the truth but what you've got to ask is what do you hope to get out of that because the people haven't bought in to radical transparency you will come across like a jerk it won't be read well chances are they're going to diminish the frequency with which they invite you to be a part of the group but if you're okay with that if it's not groups that you want to be a part of if you only want to be around people that are living in principles and maybe that's perfectly fine but you need to really think through exactly what it is you're trying to get and I would say that ultimately Ray Dalio zhh principles are specifically for people who are in a group that will all buy in alright mischief Co I started an online business a year ago and things were going really well recently sales have dropped to the point where I'm quickly eating my way into my savings every month I don't know if I should quit this business and start a new one go back to a nine-to-five or stick this out what advice do you have for someone who's struggling with a rough time in their business to me this all comes down to none of those are wrong answers so this all comes down to what do you really want like what's your identity what's your mission in life what are you really trying to accomplish so if that business is just the path on a way to a bigger goal that you believe in with all of your heart and soul then it might be worth shutting that one down and starting something new it might be worth buckling down and figuring out where you're going wrong using austerity measures in your company cutting off every ounce of fat getting super lean figuring out what's happened in the marketplace pivoting like finding that solving that problem if you're not emotionally hung up on the money and having to step backwards financially like if you can really hunker down and solve that problem it could be beautiful maybe some of the most powerful lessons that you'll learn in business on the flip side if you didn't notice the changing in sales fast enough that there's just a tsunami of debt on the business or something and you can't get out from under it then closing that business down and starting something new with the fresh knowledge and maybe that's the way to go but it really all comes down to what exactly it is you're trying to accomplish I know none of these are easy and I know especially if you have that in the business or you took money from friends and family or something like that it can be incredibly incredibly stressful I'm not downplaying that but just make sure that you're looking at yourself on a long time horizon that you're not judging yourself to the lens of a moment and that you know what your ultimate goal is and so if this business is a failure but it teaches you something that you needed in order to actually get where you're ultimately going and just to differentiate like for instance with impact theory my mission is to pull people out of the matrix to give them an empowering belief system I think the way to do that is through social content and traditional narrative content should I find that that isn't right or that I'm not good at it and that I'm not able to do what I want from a business perspective with those two paths and I have to pivot at some point and do it another way hey so be it I'll take my losses I'll figure it out I'll regroup and I'll move forward again but that all comes down to me knowing where I'm altum Utley trying to go I'm not altum Utley trying to build the studio that's a very fun way that I happen to think is the right way but it's very possible that over time I learned that that's not true and that I have to pivot and do something different and it just so happens that I'm more passionate about the end result of pulling people out of the matrix than I am the struggle of building a studio so building the studio is only worth me risking my fortune and all of that because I so believe in what I think it's gonna let me do on a cultural subconscious level embedding an empowering belief system so if it didn't have that then I wouldn't be doing it so that's where that plays out so none of those are bad like going back and taking a nine-to-five there's no reason why shouldn't like if that feels awesome right now and you're like so tired carrying all the responsibility on your shoulders and it sounds awesome to go find a company that you really believe in they're really doing something you're passionate about and they're good people like go plug in man that's amazing this is a know thyself moment and so just really take careful assessment of what your what your identity is what you want it to be have compassion for yourself and really plan for long term fulfillment don't worry about whether that business was a win or a loss on a long enough timeline it's just really not gonna matter all right next up Brian Jacobs hi Tom you're doing an amazing job of the show especially your communication skills thank you how did you learn to communicate so well were there any certain books or people that helped you learn how to use appropriate language in effectively communicating explanations or ideas to others first yes I mean I've just read so many books would be impossible to list them out here but you can find my top 27 now I think that it is at impact theory calm head there and by the way today's episode is brought to you by the impact Theory logo shirt so head to shop impact Theory calm right now to pick yours up and remind yourself through self signaling of what this whole ecosystem and way of thinking is all about but yeah a lot a lot a lot of books like I said the 27 are there in order that I think people should read them beyond that just an insane amount of practice and being willing to hear feedback so I've been doing Speech and Debate since I was like 14 years old maybe 13 started in high school and just really threw myself into that and you're actually getting judged and critiqued and you're getting feedback and from the beginning I just had to take that feedback and then as I've gotten older as a leader really accepting your losses accepting things you really mess up allowing yourself to hear from employees how you could be doing it better just always lowering your defenses lowing your ego hearing the hard things being hungry to adjust and grow and get better all of that is super key so when you really want to know the truth when you really hunger to understand what you're doing wrong how you could be doing something better that's when you're really gonna start to win so make sure that you actually want to know the truth because the thing that you have just forced into your life the thing that lights you on fire emotionally is actual improvement when you're lit on fire by actual improvement and all your dopamine and serotonin and come rushing in as a result of actual improvement suddenly a hunger to hear the truth even when is harsh that's how you get better just practice practice practice practice alright anonymous how do you go about removing people from your life who you feel are not in line with your principles and lifestyle how do you wean them out of your life without being a total [ __ ] about it so my thing is honestly I just let space happen naturally and space usually does happen pretty naturally like everything in your life if you want to build something new don't focus on tearing down the ODE old focus on building the new so rather than worrying about eliminating old friends from your ecosystem focus on building new friends into your ecosystem go spend time with those guys fill your life with that with awesome stuff and then it's up to you like exactly what you want to tell people Vanessa van Edward says that she thinks people should actually break up with friends and actually have the conversation to sit down people and just say look I think we're in different places in our lives and I don't think this friendship makes sense anymore that never hit me well and I think she is brilliant but this is one place where she and I disagree just seems super awkward to me and unnecessary and maybe this is a superdude thing but the friendships in my life that have evolved into something else I've just let them evolve into something else the reason that I do that is I never know man we could involve back in the same direction again and having made some big thing about breaking up with them just seems super weird to me so I like leaving it open and maybe we'll reconnect and plus hopefully at least in the people in my life the vast majority not all but the vast majority of people self-love for and so if we were to find common ground again and be awesome so yeah I just let time and space do its work alright time for one more question Daniel breeze hey Tom did you hey Tom you mentioned that you finally figured out how to read while working out how so the key for me on this is there's only certain types of things that I can read while I'm working off I need to be taking a lot of notes I can't do it so it needs to be something like when I'm reading for somebody coming on the show because I read and swarms so I'm not so worried about taking every little detail in so if I'm doing a set and the sets really intense and I miss you know 10 or 15 seconds of the book not a big deal because I'm gonna listen to eight videos or you know 15 videos on them talking about the book anyway so I'm gonna get that information from a thousand different angles so it's basically anything that I can read podcasts work for this where it's like it's a flowy conversation so as long as you're getting say 80% you're getting most of what you want to get versus what I'm really trying to read like rate those principles I would never read at a first pass while working out she's too information dense and I want to take notes and you know I want to make sure that I'm really focused on it and really writing things down so it really comes down to things like biographies where it's not like I'm taking a lot of notes per page or when I'm prepping for somebody when and thusly I'm reading in swarms or when I'm listening to a podcast which is more conversational all right there you have it all right guys thank you so much for joining me for today's episode forgive me the beginning of this was really weird cadence because I was coughing to death hopefully we were able to edit a lot of that out I'm at the tail end of a really weird sickness that's been sort of light emotionally hasn't been super destructive but come with some pretty heinous coughing so nonetheless thank you for joining me again I'm travelling this Friday which is why we had to do this now if there are any comic book fans that are interested in what we're doing it is [ __ ] heating up over here in the comic book side I'm super stoked we're about to sign our first writer very amped gonna be making an announcement about the first book in July dropping in in October it's all gonna be good stuff revealing the celebrity that's involved all of it got to be amazing so if you're gonna be in Chicago at the comic-con be sure to hit me with a DM peeing me be great to connect alright guys if you haven't already be sure to subscribe and until next time my friends be legendary take care [Music]
Resume
Categories