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186: Same as Ever by Morgan Housel
00:00:00
So I am conducting this obsidian experiment, Joe.
00:00:04
Yeah.
00:00:05
Yeah, I have messed around with task management and obsidian previously,
00:00:09
but I am all in this time.
00:00:13
So no other task management tools at all,
00:00:19
100% an obsidian done.
00:00:22
Well, we're getting to that point.
00:00:24
I'm still using do a little bit because I don't trust myself quite yet.
00:00:31
Uh huh.
00:00:31
Yeah.
00:00:32
Do is a gold app.
00:00:33
Like if they ever stop making it because of some of Apple's whatever,
00:00:39
I'm going to be very upset.
00:00:40
Like I love that app.
00:00:41
Yeah, it's, it's really good.
00:00:44
Um, but I was inspired by a recent Cal Newport podcast episode where he was
00:00:54
talking about the essential lists that you need.
00:00:56
And I realized that those lists could basically serve as the foundation for a
00:01:04
pretty killer task management system and obsidian using obsidian tasks.
00:01:08
And I have been crafting, I started with the six that he listed, and then I added
00:01:13
a few additional queries and I sent you a screenshot.
00:01:18
But what I've got is basically a canvas dashboard with these different
00:01:24
colored boxes with these different queries, like ready, backburner, waiting
00:01:28
to discuss, clarify this month, scheduled later someday, unscheduled, and
00:01:32
then inbox.
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And this is like every view I could possibly think of.
00:01:35
I'm not going to need all of these day to day, but you can craft some pretty
00:01:42
cool queries with the obsidian tasks plugin.
00:01:47
And so that's where I started as I created these all as individual notes.
00:01:51
And then once I got the queries away, I wanted them, I actually put them inside
00:01:54
of these, these cards on the obsidian canvas and color coded them.
00:01:58
And I really like the way that this looks.
00:02:01
And I think I'm really going to like the way that this works, although I'm
00:02:04
still kind of getting everything in here, but.
00:02:06
This is really cool.
00:02:09
So you've got ready backburner.
00:02:11
So I assume like ready is for today.
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Backburners kind of like when you get to it sort of thing.
00:02:17
Yeah.
00:02:18
So the way this is set up, ready and backburner were ones that that
00:02:22
Cal had mentioned.
00:02:23
So ready is basically things that are able to be actioned on in the next week.
00:02:29
And that's kind of the basis already for the way that I was doing weekly
00:02:34
planning using the periodic notes plugin is showing me everything that's,
00:02:38
that's due this week or scheduled this week is the other part of that particular
00:02:42
query.
00:02:43
The backburner is simply a list of tasks that have a backburner tag.
00:02:49
And that backburner, I know we've talked about that previously and how you kind
00:02:54
of thought like backburner is kind of a useless context.
00:02:57
Yes, especially like I think of it is almost useless when you also have a
00:03:03
later someday list.
00:03:05
Like what is the difference between those two?
00:03:06
Like that's my hang up with it.
00:03:09
I get it like you've committed to one.
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You've not committed to the other.
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It just seems redundant.
00:03:13
Yeah.
00:03:14
So in the way that I'm thinking about this and backburner was specifically the
00:03:18
term that Cal used.
00:03:19
So I feel enabled by him.
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OK, but backburner in my opinion is like, this isn't the stuff that needs to get
00:03:27
done this week, but it's almost like on deck.
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It's coming shortly.
00:03:32
That's the, when the stuff that I'm focused on gets done, this is the stuff
00:03:36
that's going to take its place.
00:03:37
And Cal advocates for checking these lists at the beginning and at the end
00:03:41
of every day.
00:03:42
And I think there's value in kind of seeing like what's up next.
00:03:46
And that's kind of what that is.
00:03:48
Now there's a bunch of reasons why it could be there.
00:03:50
It could be that I need to make a decision about something that's on there
00:03:54
or it could just be like it's not scheduled time for that thing yet, which
00:03:59
is why I signed at the tag and not just a date range.
00:04:02
This the waiting, discuss and clarify are all also tag based.
00:04:07
OK.
00:04:08
And the way I'm doing those is like, I just have a task and I take it, you
00:04:12
know, backburner and it shows up in that list.
00:04:14
Same thing with waiting, but with waiting, I will also tag a person because
00:04:20
I think a version of this down the road is there's going to be a note for the
00:04:24
person.
00:04:24
And that's where I'll keep like all of the meeting notes for, you know, if I do
00:04:29
coaching with Matt Raglan, I've got a Matt Raglan note and I just had a new entry
00:04:32
for the different dates and add the notes there.
00:04:33
But at the top of that, have that query of things that are tagged, you know,
00:04:38
waiting or to discuss, actually, that's kind of the one I'm describing right now.
00:04:41
Sorry, I got these mixed up.
00:04:42
Two discusses, like, I need to talk to the person about this, but waiting also
00:04:46
could be like, I'm going into a meeting and I need to know like this is the type
00:04:50
of answers that I need to need to get.
00:04:53
So yeah, that's the basis of it here.
00:05:00
And I'm sure, you know, it's going to evolve a little bit, but I really like being
00:05:03
able to dump everything in like one big long list.
00:05:06
Yeah, it took me a little bit to get over that, but now now it's there and I've got
00:05:10
quick ad just depending things to the top of that list.
00:05:12
And just using the filters to, to resurface all that stuff.
00:05:16
What does, how does clarify fit into this?
00:05:20
Is this like tasks that you're not certain where they go yet?
00:05:24
So it's there or is it something completely different?
00:05:28
I'm not thinking of.
00:05:29
Yeah, that one I'm not entirely sure about, but the way I'm thinking about that
00:05:35
is there's still a little bit of ambiguity around what this exactly is.
00:05:40
So like the ones that I have in my clarify section here are like figure out, well,
00:05:46
I guess, spoiler alert, we are trying to figure out how to do like a paper planner
00:05:52
sort of a thing for, for focused.
00:05:54
And so I don't know exactly what that's going to look like.
00:05:58
So that needs to be kind of clarified.
00:06:00
And then also like the task management system that I've got here.
00:06:04
This is sort of like it's still evolving.
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And but eventually I want to nail it down and I want to create the documentation for this.
00:06:14
But I can't do that obviously while it's still in flux.
00:06:17
So it's still kind of fluid, I guess, is the way I would describe that category.
00:06:21
Interesting.
00:06:23
I have like, so I tend to use reminders lists
00:06:27
and have been for a while now.
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Lots of reasons for that.
00:06:31
But I have one that's called to research.
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Basically it's stuff I need to go down the internet rabbit hole of how does this work?
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What products should I be using?
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Shouldn't I be using what hardware should I be buying or not buying?
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How does one even?
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I don't even know.
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How does one store flower bulbs over the winter?
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You know, sometimes it's silly stuff.
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Sometimes it's super important, but I have a list of those things because otherwise
00:06:59
I will just go research them immediately.
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And that's a bad day as in nothing else gets done because I will just research all day long.
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So I do not try to do those immediately.
00:07:11
But that's what I call it is to research.
00:07:14
So that seems to help me quite a bit.
00:07:15
This looks really interesting.
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I may steal some of these ideas.
00:07:19
Cal Newport, do you know what episode it was when he talked about these?
00:07:22
It was.
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I'm not sure.
00:07:27
It might be the most recent one.
00:07:29
It might not be.
00:07:29
I will for sure put the link in the show notes, but I can't remember exactly which
00:07:36
which episode it was.
00:07:37
Sorry.
00:07:38
I'm asking because there was a couple of folks that asked the last time we
00:07:42
mentioned Cal Newport's podcast.
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It's like, Hey, yeah, he talked about this.
00:07:47
Like, where was that?
00:07:48
I don't know.
00:07:49
So I'm asking the question now.
00:07:53
Yeah.
00:07:54
The problem is with Kels podcast.
00:07:56
He, he's he talks about a lot of every single episode.
00:08:01
So it's it's hard for me to pin down exactly where each idea came from.
00:08:06
But it's definitely in my regular rotation.
00:08:08
I like that one a lot.
00:08:09
Yeah, he does well with that.
00:08:11
Cool.
00:08:12
Well, we should probably talk about follow up.
00:08:14
Yeah.
00:08:15
So I have a couple items here.
00:08:17
One is a carryover from last time, which was to do this hidden potential quiz
00:08:23
from Adam Grant.
00:08:25
I went and did this.
00:08:26
And I completely understand what you mean by this thing looks like it's
00:08:30
way old school.
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I get where they're like trying to make it look good.
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The part that got me more than anything is I went ahead and did the test
00:08:39
just because I wanted to know, like, what are some of these questions and like
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there were a couple of questions that I
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or no, there was one question I didn't answer.
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I don't remember which one it was, but it was because the answers that they
00:08:53
provided is options, like my actual answer isn't any of those.
00:08:57
And it wasn't even close.
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It's like, wait, so then how, what if I don't do any of those things?
00:09:04
Now what do I do?
00:09:05
So that was that was a little bit of a moment.
00:09:08
Anyway, so for the life of bookworm, we have known that Joe is a perfectionist
00:09:15
intends to not complete things because he can't do them absolutely perfect, right?
00:09:19
Like this is not an unknown thing.
00:09:21
Like I've known this for a long time.
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And perfectionist causes all sorts of issues.
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Guess what it tells me?
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Based on your responses, your strongest character skill lies in being an imperfectionist.
00:09:33
Oops.
00:09:36
Huh.
00:09:37
OK.
00:09:39
And then it's suggestion because what's the other thing I do all the time?
00:09:43
I constantly research things and I'm constantly trying to learn things, right?
00:09:47
And I have to like set reminders or put things on lists so that I don't do that.
00:09:53
Guess what it recommends that I do to unlock your hidden potential.
00:09:56
It might be helpful to work toward becoming more of a sponge.
00:09:58
That involves expanding your capacity to absorb and adapt to new knowledge.
00:10:02
OK.
00:10:04
All right.
00:10:06
So I don't think you should take this test.
00:10:09
And if you do take it, take it for fun, not for actually, you know, learning to do
00:10:15
anything because this is not helpful.
00:10:17
Yeah, I, I agree.
00:10:21
In fact, I don't even think I'm going to put the link in the the show notes this time.
00:10:27
Yeah, I wouldn't.
00:10:28
I would not do that because this is this is nuts.
00:10:31
So anyway, that was my first follow up.
00:10:34
The other follow up is one that kind of cropped up this week.
00:10:36
And this is more I guess this is more of an announcement than it is a follow up sort of thing.
00:10:43
But I had sent Mike an email because I know Mike's been doing a lot of obviously,
00:10:49
Mike, you've been doing a lot with your online business and stuff and trying to get
00:10:53
that spun up.
00:10:53
And I'd been thinking about it's like, OK, are there ways I can help Mike?
00:10:57
And I had kind of noticed, like, it seems like with bookworm, there's a little bit of a.
00:11:02
How do I say that?
00:11:04
Like a lackluster feel to it almost.
00:11:06
It seems like this is something that's quite quite seemed right.
00:11:09
You know, I had the little five episode spell where work made it impossible for me
00:11:13
to to record and Mike did a great job carrying the baton during that time.
00:11:19
And well done, Mike, like very grateful to you for pulling that off, came back.
00:11:25
And it just hasn't seen the same since I came back.
00:11:28
And I don't think I can give you clean answers as to why that is.
00:11:36
But what I do know is I sent Mike an email about, you know, maybe this is the time
00:11:41
to shut bookworm down.
00:11:42
Is this something that you could take?
00:11:45
And somehow use like your book notes and use the audience, use something to help
00:11:50
with your online business, to help you get going, get me out of the way and make it
00:11:55
easy for you.
00:11:56
Mike was very astute and realized that I wasn't actually trying to help him in the
00:12:02
process, but that for some reason I was wanting to step away from bookworm.
00:12:09
And I could not have told you that prior to Mike saying it in that email.
00:12:15
And once he said it, I did not respond right away because I was dumbfounded by
00:12:20
the fact that he noticed this and I did not.
00:12:22
So it sucked me a little bit to process that and realize that, you know, with,
00:12:29
and we've talked about this many times recently, Mike's life theme cohort, having
00:12:34
gone through that and realizing that a lot of what I'm attempting to do with my
00:12:39
life involves like music and running sound and helping other people to do the same.
00:12:44
And helping other people get better at that.
00:12:47
The more time goes on, the more I'm focusing on that and the less time I have for
00:12:52
things like bookworm and such.
00:12:54
So as hard as this is to say for me, it is time I think for me to step away from bookworm.
00:13:03
And it's not going anywhere.
00:13:05
Mike is going to continue that.
00:13:07
I'll let him talk about what he knows about that process here shortly.
00:13:10
But I think it's time that I, I stepped away from it.
00:13:14
It's not something I want to do, but I think it's the right, the right call.
00:13:18
So at this point in time, like there's lots of other other things going on behind
00:13:22
the scenes as well.
00:13:23
But I just know that bookworm has been something that's been a big part of my
00:13:30
learning ability and the, what's it been?
00:13:34
Seven years.
00:13:35
So it's been something more than that.
00:13:36
Yeah.
00:13:36
Sevenish years that we dreamed this up and started recording every two weeks and
00:13:43
releasing books, book episodes.
00:13:45
And it's something that I know I've learned.
00:13:49
Gobs and I'm not going to stop reading what I read might change a little bit, but
00:13:56
I will continue down that process.
00:13:59
But I think it's time that I stepped away from bookworm, but I am very grateful that
00:14:02
our community has continued to grow and the feedback you guys have given us over the
00:14:06
years.
00:14:07
And I love seeing bookworm continue to grow.
00:14:10
And I'm glad to know that Mike is going to continue the show.
00:14:14
I don't want it to die.
00:14:15
So me leaving, I hope it doesn't cause, you know, a lot of strife in general.
00:14:21
But yes, I just want to say thank you to the community.
00:14:24
Thank you to all of our listeners.
00:14:26
You guys have been great to me.
00:14:27
I think it's simply time that I passed a baton to someone else to fill the gap
00:14:35
and for Mike to take it and continue to grow it from here.
00:14:38
So big thanks to all of you for listening.
00:14:40
Yeah.
00:14:41
Well, first of all, thank you, Joe, for what is this, a hundred and eighty six
00:14:48
episodes.
00:14:49
Yeah.
00:14:49
So a lot of books that we have read and
00:14:53
just a little bit of behind the scenes, I guess the astute observation that that you
00:14:59
said I made.
00:15:00
I don't think it was all that astute.
00:15:01
I just noticed in the email that she sent that there were a couple things that you
00:15:06
were particularly excited about.
00:15:08
And you mentioned that they were kind of tied to your life theme.
00:15:11
I'm in the middle of going through that life theme cohort right now.
00:15:13
And one of the things that I tell people all the time is that good is the enemy of the
00:15:18
best.
00:15:19
And once you figure out that this is really the thing that scratches the itch for me,
00:15:24
moves the needle, insert whatever term you want here.
00:15:27
It makes it easier to say no to things that are good.
00:15:33
Bookworm is a good thing and it is not a failure on anybody's part that you got to a
00:15:41
point where it's just not the best use of your time.
00:15:44
So I 100% support Joe in the decision to step away.
00:15:49
I totally get it.
00:15:50
I wish it wasn't happening.
00:15:53
Like the other thing I want to say is the future of Bookworm, the immediate future.
00:15:58
The plan is to do what I did when you had to step away previously, Joe, which was
00:16:03
use my internet, roll it X and get some people on to talk about books with me.
00:16:08
Because ultimately that's the thing.
00:16:10
Like I just really love talking about these books.
00:16:12
And the thing that I will miss the most is the chemistry that we have developed
00:16:17
over 186 episodes.
00:16:19
We are not going to be able to replace that.
00:16:22
But I don't think that that means that Bookworm should not exist either.
00:16:28
If it was going to be degraded in quality enough, I would say it's time to just shut it down.
00:16:35
But I still believe that there is something here.
00:16:38
And as I mentioned to Joe in the email shows transition all the time, I took over
00:16:44
for Jason Snell on free agents and that became focused.
00:16:48
Stephen took over for Katie Floyd on Mac Power users.
00:16:51
Was it just too off the top of my head?
00:16:52
But I'm sure you could find 100 different examples of shows that have had to go
00:16:57
through go through transitions.
00:16:58
So we'll do that.
00:17:01
We'll figure it out and we'll continue to make it the best show that it can be.
00:17:07
I really appreciate everybody who shows up and reads these books with us.
00:17:11
So I'm also hoping as we pivot it to like set of Joe Bueleg and Mike Schmitz
00:17:17
running Bookworm, Mike Schmitz and friends that every once in a while, Joe
00:17:21
Bueleg comes back and we can talk about books again.
00:17:24
I definitely want to be kept in that list of people.
00:17:27
Yeah.
00:17:29
Because I want to come back occasionally.
00:17:30
Yes.
00:17:30
Yeah. So hopefully this is not goodbye.
00:17:32
It's just see you later.
00:17:34
And yeah, I'm going to do everything that I can to keep the podcast going.
00:17:39
Which is great to hear.
00:17:41
OK, before I start breaking down, we should get into these books so that I don't
00:17:44
you know, so that I can't record this one because we do still need to cover a book today.
00:17:48
That's true.
00:17:49
That's true.
00:17:50
All right.
00:17:50
Well, today's book is same as ever by Morgan
00:17:56
Housel, weird name for.
00:17:58
I know.
00:18:00
I know.
00:18:00
I thought of this episode.
00:18:02
But this is an interesting book, to be honest.
00:18:08
I came on my radar because a bunch of people that I respect were talking about it.
00:18:12
And I had not read anything by Morgan Housel before, although Morgan Housel has
00:18:18
been around for a while and the cover it talks about.
00:18:21
He's the best-selling author of the previous book he'd written was a psychology of money.
00:18:25
You familiar with that one at all?
00:18:27
I have not.
00:18:28
I saw that he was best-selling author of the psychology of money.
00:18:32
And I had never heard of it.
00:18:35
So I don't know if that means I'm not well
00:18:38
traveled in the scheme of nonfiction books or he's just in a realm that I don't see.
00:18:44
I don't know which it is, but I'd not heard of it.
00:18:46
Yeah.
00:18:46
I think I even have this book, to be honest, but I had not read it.
00:18:51
Maybe I picked it up as a gap book and started it at one point, but
00:18:53
not familiar with Morgan Housel's writing at all.
00:18:57
So I have no context for what kind of writing that he does.
00:19:01
This book is interesting because there is an introduction.
00:19:06
There's a conclusion of sorts, which is a bunch of questions.
00:19:09
And then there's a whole bunch of shorter chapters, not like
00:19:13
Seth Godin short, but kind of.
00:19:17
There's 23, I think, chapters that I outlined in my mind map,
00:19:22
although they aren't actually numbered and they aren't broken into sections.
00:19:26
So they are kind of like these short essays about a topic.
00:19:32
And another interesting thing about this is that at the end of each section,
00:19:36
he always has a single sentence, which sets the stage for the next one.
00:19:40
And sometimes they tie together really well.
00:19:44
Sometimes it feels like a bit of a leap, but I do really like the fact that
00:19:49
he sets up the next section with the last sentence of the previous one.
00:19:54
I thought that was a very effective mechanism.
00:19:57
All that to say that for the structure of this book, I have no idea how to actually tackle it.
00:20:02
So what I did is I picked for the outline here.
00:20:05
We'll talk about the introduction.
00:20:07
We'll talk about a couple of the sections that stood out to us.
00:20:13
I didn't actually put the questions at the end because that is essentially a question
00:20:18
from each one of the sections.
00:20:20
It's kind of how I read it.
00:20:21
They're loosely tied to the topics.
00:20:24
I'm not sure if he actually uses those questions in the sections,
00:20:28
but that's basically the purpose that they serve.
00:20:32
So I think we don't need to reiterate all of those, but the introduction
00:20:37
just to go there quickly.
00:20:41
This is pretty short, but it's basically talking about how history is filled with timeless wisdom
00:20:46
and the whole title of the book, same as ever, a guide to what never changes is the subtitle.
00:20:51
I actually really like this premise.
00:20:54
He's basically saying that in a world where things are changing quickly and there feels like
00:20:59
there's so much uncertainty, the things that we tend to notice are the things that are
00:21:06
changing all the time, but the things that we should really pay attention to are actually the
00:21:10
things that stay the same.
00:21:12
Those are the things that are going to be the pillars of the future and we can learn from the
00:21:22
past, but changes the thing that captures our attention because it's surprising and exciting.
00:21:27
However, what doesn't change is actually more important than what does.
00:21:31
And I really like that.
00:21:33
Obviously, a great way to set up this whole book.
00:21:36
Yeah, he starts off in that introduction by telling a story about a friend of his who's close to
00:21:42
Warren Buffett and they were having a conversation in, where was it, late 2009?
00:21:47
So this is when the global economy was just falling apart, completely fell apart.
00:21:54
And this friend had asked Warren, "It's so bad right now.
00:22:00
How does the economy ever bounce back from this?"
00:22:02
And he had the questions like, "What was the best selling candy bar in 1962?"
00:22:07
Again, this is in 2009 and he said it was the Snickers.
00:22:11
And what is it today was his question.
00:22:15
Snickers.
00:22:16
In other words, things don't change as much as you think they do, at least in that realm is what
00:22:22
he was referring to.
00:22:24
So I think that's a great way to set this whole thing up because again, like there are like these
00:22:29
timeless principles that do carry over time.
00:22:32
So the question is like, how do you use those principles in your life?
00:22:36
How do you learn from those?
00:22:37
And I think it's a great way to start the book off, for sure.
00:22:41
Yeah, absolutely.
00:22:43
Odd book to start this, like to do this episode, but you know, there we go.
00:22:49
Well, it is and maybe kind of isn't.
00:22:54
Maybe it isn't.
00:22:55
Yeah, I don't know.
00:22:57
Time will tell, I guess.
00:22:58
But let's go into the first section here.
00:23:01
I added this first one to the outline.
00:23:04
I typically don't like to add the first chapters to the outlines.
00:23:08
We've got to pick and choose specific ones because I feel like with a book like this,
00:23:13
typically they get into the meat a little bit later.
00:23:16
However, this first section is hanging by a thread and he shares a very personal,
00:23:25
very dramatic story here.
00:23:28
So Morgan Hausle sounds like a very good downhill skier and was part of these teams
00:23:37
and they would go places and they were at one of these hills for this meat or whatever
00:23:43
and they were going to go out and ski the day before.
00:23:46
So they went out, but they were so good that they traditionally didn't go to the runs that
00:23:53
everybody used.
00:23:55
I'm not a skier, so this kind of was a little bit lost on me, but my interpretation of what
00:24:00
he was saying was like, there's the open runs, which are the ones that are well groomed
00:24:05
and they're kind of for the beginners, but they were so good that they went to the less groomed
00:24:10
trails.
00:24:11
Like there's still trails on the backside of the mountain, but they aren't open to the public
00:24:16
because they're a little bit more dangerous and he and his friends figured, well, we're such good
00:24:19
skiers, like we're going to go ski the backside is how they put it.
00:24:23
And the first time that they went down in the morning, there was like a little mini
00:24:31
avalanche because of the snow conditions.
00:24:33
I forget exactly how he said.
00:24:35
I think it was like there was frozen hard snow underneath and then a bunch of lighter
00:24:42
wet snow on top of it.
00:24:44
- Other way around. - Vice versa. Okay. I had like six to eight feet of really light fluffy stuff
00:24:49
and then they got a two or three foot heavy wet snow that went on top of it.
00:24:54
So the heavy stuff on top can break loose and go through.
00:24:57
Yeah, that makes more sense.
00:24:59
Yeah, so anyways, they're skiing and then they get caught in this mini avalanche, but they all
00:25:05
skied out, get to the bottom.
00:25:07
They're like, oh man, that was crazy.
00:25:09
And they get back to the place and they're eating lunch or whatever.
00:25:14
And then the other two guys like, oh, we're going to go do it again.
00:25:17
And Morgan wasn't scared of doing it, but he just for some reason decided, no, I'm going to
00:25:22
stay back.
00:25:24
And his buddies got caught in another avalanche and basically they died.
00:25:30
They didn't realize anything was wrong until later in the day.
00:25:33
Like, why aren't they back yet?
00:25:35
Found a search party, eventually found them buried in the snow.
00:25:39
Very tragic story.
00:25:43
And the point that he was making here was his decision to stay back.
00:25:47
He was like, I don't know why I decided to stay back, but literally if you would have gone with
00:25:52
them, he would have been trapped in that avalanche and he would have died as well.
00:25:55
So his decision not to go skiing with his friends that afternoon that ended up saving his life.
00:26:04
And the larger point is you really don't know the impact that those
00:26:09
small, seemingly small decisions can actually make.
00:26:14
And then kind of at the end of that section, he talks about how no matter what looks obvious
00:26:19
today, it can all change tomorrow.
00:26:21
So this is kind of a weird first chapter in a book called Same as Ever about how like
00:26:30
literally everything can change. But what it does is it kind of like shakes you up right at the
00:26:37
beginning. It's like someone grabs you by their shoulders and jars you awake.
00:26:41
Like, okay, now that I have your attention.
00:26:42
Yeah.
00:26:44
You know, so I thought it was a very important chapter and a very like strong emotional way
00:26:52
to start the book.
00:26:53
I mean, after you read that first chapter, you want to keep reading and finding out what
00:26:58
else he has to say. So well done.
00:27:01
I was in one of those in college.
00:27:03
I took like an intro to film class.
00:27:06
It was like one of these electives that you had to take to fill a certain requirement.
00:27:11
But one of the pieces of that class was that there were certain movies that we had to watch
00:27:17
and then we would discuss. And one of the movies that was an option to watch, and I cannot for
00:27:22
the life of me think of the name of this, I've tried for years to recall what the name of this
00:27:26
movie is, but I can't find it. And it's a story of a young woman who's in her apartment.
00:27:33
It's a very mundane sequence. She gets up, she makes breakfast, she goes down the flight of
00:27:39
stairs, she walks across town to her workplace. That's the end of the story.
00:27:45
However, that same story repeats, I think it's 12 times.
00:27:48
And each time something is minutely different.
00:27:52
One time she forgets her office keys. So then she has to come back and then she ends up meeting
00:27:58
a guy. One time she accidentally spills coffee on her kitchen table. So then she has to wipe it up,
00:28:05
takes 20 seconds, right? But then she was slightly behind her schedule, which then meant she got
00:28:12
stopped by this light. And then she met this guy or she got hit in one case. Like it went from
00:28:18
this wide spectrum of she ended up meeting the guy that she ends up marrying to she was killed
00:28:23
in a car accident. Like it's that wide ranging, but the time that changed from the time her leaving
00:28:29
her apartment was 15, 20 seconds each time. So I just remember that very astutely because it
00:28:36
struck me that these real minor details can change the timing of things so much.
00:28:44
Like it can change the sequence of events so much that you just don't realize what's going on.
00:28:49
And this happens all the time. I was immediately brought back to that when I read this chapter,
00:28:54
because as much as this is about how things never change, it's good to know that one minor
00:29:01
change can make a huge, huge difference. So yes.
00:29:05
Yeah, and that actually kind of is a great place to segue into the next section.
00:29:12
So the next one I wanted to talk about is section three. And these aren't actually
00:29:16
numbered, but I numbered them in my outline here. But the third section is on expectations and
00:29:23
reality. So you've got the idea of the small differences producing the larger outcomes.
00:29:32
But then this chapter kind of talks about how if you really want to be happy, the first rule of
00:29:37
happiness is low expectations. And I think that there's something to this. There's a quote here
00:29:44
from Montesquieu that he shares that if you only wish to be happy, this could easily be
00:29:49
accomplished. But we wish to be happier than other people. And this is always difficult.
00:29:53
For we believe others to be happier than they are. And the point that Morgan makes here is that
00:29:59
the world isn't driven by greed. It's actually driven by envy. We want to be better off than
00:30:05
the other person. And so those expectations, those alter how we interpret our circumstances. And
00:30:13
we can totally see how we get used to things at a certain level. And you get a raise in your job.
00:30:20
And you've got a new level you're at financially. And at first, you're really grateful. And this
00:30:25
is awesome. And then six months later, you're like, they're underpaying me again. You become
00:30:30
accustomed to things. And then you immediately start looking at people who are just a little bit
00:30:35
further than you are. So this isn't directly tied to the idea of being content or gratitude.
00:30:42
But I think that's where my mind went when I read this. He talked about how the 1950s are kind of
00:30:49
viewed as the golden age right there a happy time because no one lived exorbitantly better
00:30:55
than their neighbors. Everyone was kind of on the same level there. And then also, with that,
00:31:02
you had just gotten through a couple of periods where things were really, really bad.
00:31:07
So people today will look back at the 1950s and they'll say, oh man, that was, those were great
00:31:13
times. We should go back to living like that. But if you actually compare the way things are now
00:31:18
versus the way things were in the 1950s, we're much better off now. I mean, just one thing that
00:31:23
he talks a little bit later, but he kind of talks a little bit about it here too, is the whole idea
00:31:28
of the advances in medicine and sanitation and just the death rates were astronomically higher
00:31:35
from really common diseases. And it was fairly common for you have a bunch of kids in your family
00:31:42
and not all of them are going to make it. We don't think about that today. It's kind of the norm has
00:31:50
been reset or the baseline has been moved. And we just have kind of changed our expectations
00:31:56
regarding that. So no specific action item with this. However, as I'm thinking through this,
00:32:01
kind of that's the nudge I got was just recognize and be content with the things that are going well.
00:32:10
And not just constantly wish that the things were better. I think that's kind of my
00:32:14
normal default mindset anyways, is to try to tweak the systems and produce better results. So it was
00:32:24
definitely a good reminder for me. I immediately thought of the book, The Gap and the Gain.
00:32:31
It's Cross Your Mind It All. So Benjamin Hardy and Dan Sullivan, the concept of are you focused on
00:32:38
the gap between where you are now and where you want to be versus where you are now and where you
00:32:45
were. So like that could immediately translate to like the expectations piece, obviously. So I
00:32:52
don't know. I thought about that and realize that if you think of your own situation,
00:32:57
I've been doing this a lot lately. Like is my current situation, am I unhappy with it?
00:33:02
Because it's actually a bad situation. And that's an exaggeration of what I'm referring to. I'm
00:33:09
just talking about like minor situations in this case. So if I'm thinking of a current situation and
00:33:15
I think it should be a lot better, I tend to be unhappy with it. But if I think about how much
00:33:19
worse it could be, I'm fairly happy with it. It's the exact same situation, but your perception on
00:33:27
which side of that coin you're on can completely alter the way that you perceive it. So as much as
00:33:34
like, this is something that I mean, I wish I had a really good action item from this. I don't,
00:33:37
other than just again, be aware of it, which I feel like is what we did with The Gap and the
00:33:41
Gain. Like this is just something you need to be aware of and it can make a big difference.
00:33:47
For sure. All right. Well, I guess we can go on to the next one then. The next one is number six.
00:33:54
So we're skipping ahead a little bit here, but number six is titled Best Story Wins.
00:34:01
And I, this section was basically what I thought it was, but it was also way better than I thought
00:34:09
it was going to be. Yeah, this was a good one. This was a good one. So for context, I believe in the
00:34:15
power of story. I think I've shared the story previously about how when I was going through
00:34:21
Toastmasters and I was doing the humorous speech competition, eventually I got to the district
00:34:26
finals and I got connected with a guy named Aaron Beverly who has since gone on to win the world
00:34:31
championship of public speaking. But one of the things that he told me when we were doing some
00:34:36
coaching was he encouraged me to build a story file, which is basically all of these stories in a
00:34:42
notes app. He mentioned Evernote at the time. Obviously now it's an obsidian, but you've got
00:34:48
these different stories and you've got different versions of the stories. So you've got like a
00:34:52
real short version, you've got a longer version. And then when you need to stand up and give a speech,
00:34:56
you have that stuff that you can draw on and you have different versions of it based on the context,
00:35:01
you know, your elevator pitch versus the bigger story and that kind of thing.
00:35:08
And this, so this chapter is kind of loosely based around like, yeah, the stories are the things
00:35:14
that really people are connected, connect with talks about a stories are always more powerful
00:35:19
than statistics, because there's too much information for people to sift through all the data, but they
00:35:24
connect emotionally with the stories. But the story that he uses in this chapter, and he's got stories
00:35:30
with all of these, but the story he uses for this chapter is Martin Luther King, Jr's, I have a dream
00:35:35
speech. But what the interesting detail here, and there's lots of like this sort of framing
00:35:41
around these stories, which Morgan Houssell is really, really good at, is that wasn't the speech
00:35:46
that he was planning to give. Like everyone knows that speech. It's a famous speech, but that's not
00:35:51
what he was going to say. And I don't know all the details with this, but the way Morgan tells it
00:35:57
is he's up there, he's got his paper, and he's about to give this canned speech. And then somebody in
00:36:04
the crowd behind him is like, tell him about the dream. And then he launches into, I have a dream,
00:36:10
and none of it is written down on the paper in front of him. It's just a really emotional story
00:36:16
to him. And those are obviously the best stories. And there's a whole bunch of stuff we could unpack
00:36:23
from that, just the fact that when you're telling a story, you don't want to have all the facts,
00:36:27
you don't want to have it all written down. You don't want to have your story dependent on a single
00:36:32
finely crafted transition sentence as you go from this section to the next section.
00:36:37
It's just got to flow. And I think that's really great. But stories help you in terms of getting
00:36:46
your point across to a larger group of people is one of the things that I teased out of this.
00:36:52
And one of the questions that he asked here that I really found profound was, who has the right
00:36:57
answer that I ignore because they're inarticulate. So on the flip side of this, on one side, you
00:37:04
want to become a better storyteller. But the other side, and this is kind of the surprising
00:37:08
piece to me, is like, there are people who have the information and the answers to what you
00:37:12
are seeking. And you might ignore them for whatever reason, what they look like, what they sound like.
00:37:19
And again, not necessarily an action item associated with this, but kind of an encouragement to dig
00:37:26
a little bit deeper, go beyond the surface with some of this stuff. Because I realized that I tend
00:37:30
to do that a little bit too, just kind of tune out because I don't think the answer can come from
00:37:36
a specific source. But really the answers can come from anywhere if you're looking for them.
00:37:39
Yeah, another one of the stories that he tells here is about there was an anthropologist who
00:37:45
wrote a review of a young author's book and said that basically the book doesn't really have anything
00:37:55
new. And what he does have is questionable as far as accuracy goes. However, this book is a best
00:38:06
seller and is one of the most successful anthropology books of all time. This is sapiens that we're
00:38:14
referring to. People love that book and how many times has it been recommended and how many times
00:38:19
have we skipped it on bookworm? So do you do now choose whether you're going to do it or not.
00:38:24
But it's not really from an anthropology stance according to this guy. It's not that great.
00:38:30
However, you've all know a Harari, the author, is just really good at telling stories. He just
00:38:39
did a very good job of explaining the anthropology background in story format. So that's what we're
00:38:47
talking about. So if you're really good at telling stories and you're
00:38:51
excellent at communicating something through story, that's the one that can win. So
00:38:56
having a story file sounds great. I don't know when I would use that, but I feel like telling
00:39:02
stories is way better at getting a point across than anything else. Yeah, well, I definitely have
00:39:08
application for this, I feel. Getting a little bit more consistent with YouTube has stretched me a
00:39:17
bit, but I realize that it's easier for me to make those videos when I have a story angle to it.
00:39:24
And a lot of it doesn't have to be as complicated as you maybe think it is. You don't have to have
00:39:32
some sensational story associated with it. A lot of times the story is just like,
00:39:36
this is the problem that I was facing and this is what I'm doing to solve it. The task management,
00:39:41
we talked about it at the beginning. Yeah. That's a story and to some people, that story is going
00:39:47
to be really boring, but to the people who are watching my videos, they're probably going to love it.
00:39:50
Right. Here's an example. So part of the reason I'm on Apple Reminders now versus like OmniFocus
00:39:58
or using Obsidian is because I had realized that one of the things I struggle with is it's not
00:40:04
visible to me at all times. And even if it's on my phone, it's not easy to get to. So I was
00:40:11
trying to do something on the stage at work for setup and I recall that there was something else
00:40:17
I needed to do on the stage. And it just didn't work. Like I couldn't find it in the system that I
00:40:24
had. And I had pulled out my phone, was looking through it, but the problem was I had pulled out
00:40:30
my phone and was theoretically looking for it. And noticed that I had, you know, five missed
00:40:36
text messages and a couple missed phone calls. So then I was like running through all of that.
00:40:40
The next thing I knew, it'd been like an hour and a half of me like sitting through like text
00:40:45
conversations and, you know, ending up on the phone. And like, that was not my intent. Now those
00:40:51
were all things that needed to happen. It was just the wrong time. Because what happened then was
00:40:55
somebody else needed to come in to use that room. So then I wasn't able to finish what I was doing.
00:40:59
And I got completely derailed. So that's actually one of the genesis stories for why I have an
00:41:06
Apple watch now. Because I needed a way to be able to check those tasks and what I need to do
00:41:12
without that distraction of being sucked into the phone piece. But in order to make that work,
00:41:18
well, I needed to use Apple reminders to make that seamless and get into that full ecosystem.
00:41:24
So thus, I'm in on Apple reminders versus Omni focus and team because of the easy integration
00:41:31
and such. So there's a quick story I just told you about the task management system I'm on.
00:41:38
And I hope that was more interesting than me just saying, yeah, it's just it's easier for me to
00:41:42
get it on my watch. Like, why? Like you can understand it better if I tell you a story about it.
00:41:47
Exactly. All right. The next section we're going to jump ahead here a little bit is number 11.
00:41:56
Overnight tragedies in long term miracles. And I picked this one because I think there's a really
00:42:05
important concept to be understood here, which really is at the genesis of a lot of the sensational
00:42:15
ized information that we are exposed to every single day, which is that good news is typically
00:42:23
invisible, but bad news is visible. Bad news is what did what did happen. Good news could be
00:42:30
what didn't happen. And when you recognize that we are in an information age and there are all of
00:42:41
these sources that are providing us information with the intention of using that information to
00:42:48
capture our engagement because that's going to drive profit for them. You can kind of see how
00:42:55
this flywheel is designed to keep us anxious. So there's obviously like a whole social dilemma
00:43:04
aspect from this. But that's not the only thing to be gleaned here. It talks about how good news
00:43:11
comes from compounding. And that always takes time. But bad news often comes in the form of a loss
00:43:19
in confidence or a catastrophic error. And that can happen in the blink of an eye. And he uses a
00:43:25
quote from I forget the person, but like a reputation takes 10 years to build, but you can lose it in
00:43:30
an instant. Like that's really the concept here. And that's not just a dire warning, like watch out
00:43:36
because if you're not careful, you're going to throw it all away. Really, the takeaway for me from this
00:43:43
is to continue to do the things that you know to do. The reason that things are going to take
00:43:50
longer to develop when they are the good things is that growth was always going to fight
00:43:56
against competition that is going to slow its rise. I thought that was a pretty profound
00:44:00
statement when I read that. And it's totally true. It's why the compound effect, you know,
00:44:06
you don't see the immediate gains right away. But it also applies to technology. He mentions
00:44:12
that new technology isn't immediately recognized for its full potential and instantly adopted by
00:44:16
the masses. Sometimes it takes quite a few years for things to be broadly accepted. And then we
00:44:23
look back and we wonder how we ever lived without this thing. And when you do that, you can look back
00:44:28
and be like, well, obviously, if I had been around when the internet was invented or whatever, you
00:44:32
know, insert your favorite technology here, you'd be like, well, I would have recognized this because
00:44:36
I can totally see now how it benefits me in all these ways. But no, you wouldn't have. That's just
00:44:43
the nature of the process. So I feel like that's what this chapter does really well is it kind of
00:44:49
explains the as new context for me anyways to the whole process of growth, which I think cultivates
00:44:56
this confidence to just keep going and to be consistent.
00:45:00
I think at the beginning, he talks about it's Warren Buffett that says it's 20 years to build a
00:45:06
reputation and 15 minutes to lose it. Hmm. So okay. But you know, that that concept is one that
00:45:12
it does make a lot of sense. I would probably argue that it takes less than 15 minutes in today's
00:45:17
world because things have accelerated so much faster. The social media side of it is made it
00:45:22
much easier to have detriments happen. Think about the number of stock prices falling because
00:45:31
a company makes an announcement. It's like instant that that can happen. So it's a delicate balance
00:45:39
that you end up walking on in today's world because of the social media phenomenon. And as much as
00:45:46
we see the benefits of social media and things with it, like obviously the beginning of bookworm
00:45:52
started through Twitter. So that's how Mike and I got connected. Because of some of the
00:45:59
positives that come with it, it's easy to lose track of those because you can see all of the
00:46:04
negative stuff and it's more fun to talk about the negative. Like we tend to be drawn towards that
00:46:09
negative because it's like a fear avoidance sort of thing. Like you're trying to avoid
00:46:14
negative things happening to you. So you're drawn to them so you can understand them better so that
00:46:19
you don't have those issues. Like that's just part of the mechanism that goes on. So because of that,
00:46:25
it's very easy for us to be drawn to all the bad sides of it. And then because the good sides
00:46:31
aren't talked about as much and we're not as drawn to them, you just don't notice them as much.
00:46:35
Thus like these long-term miracles that he's referring to, one of which was heart disease and
00:46:40
deaths caused by heart disease and how we've gotten better. Like we've eliminated heart
00:46:47
disease issues by 1% over, I forget how many years it was. And that's a long-term miracle.
00:46:54
Like we've saved millions of people's lives because of understanding heart disease. But you won't,
00:47:01
you wouldn't put that on the news. Hey, we got 1% better at heart diseases here.
00:47:09
Cool. Like what kind of gloss over that. But if you said we got 20% better at heart disease over
00:47:19
the last 20 years, it looks a little more impressive. But people like you're not going to notice that
00:47:24
until after the 20 years. Like you can't say, hey, in 20 years, 20% better. Like you could do
00:47:29
that prediction. That's great. But how many people are going to like, yeah, sure. Yeah, prove it.
00:47:34
Like that's kind of the, and there's even a section on that a little bit later.
00:47:38
But I do think like if you're willing to understand these long-term pieces over time, like, yeah,
00:47:44
it does make a big difference. You just have to be willing to look for it.
00:47:46
Yeah, I've got a maybe a different application of this too, which is more pertinent and recent
00:47:54
for me is this is the path for a creator. I have at my office here, I got this mug from
00:48:04
it's a Jack Butcher, the visualize value guy. And it basically shows like the exponential growth
00:48:13
curve, but at the very beginning of it, it's like a whole bunch of really tiny ticks. And then it's
00:48:17
not till the end. It goes up significantly. Yeah. And I like that because it's an encouraging
00:48:24
reminder to me to just keep going. And I am like seeing the growth in my creator business when I
00:48:30
first started May or June, I had roughly 2,000 people on the email list. And then I started sending
00:48:40
emails regularly and it actually went down a little bit. That always happens when you decide
00:48:45
you're going to start sending emails again. And then I started posting regularly to YouTube and
00:48:53
that has kind of compounded more recently. The first video that I published, it did okay.
00:49:01
But the second video did a little bit better. Plus, I was still getting some views from the
00:49:06
previous one and the third one, so that stuff kind of compounds. And you have to consistently
00:49:12
like make good stuff. Obviously, the quality needs to be there. But I don't think I told you
00:49:19
this, Joe, I am officially a YouTube partner now. Party time.
00:49:23
Yeah. Well, not really. I mean, I'm not getting ad revenue yet. That happens at 4,000
00:49:27
hours across 3,000 hours. But I should be at 4,000 probably by the end of the year.
00:49:32
And even then, it's going to be like a 10 cent check for the first one I realized.
00:49:37
[laughter]
00:49:38
Still.
00:49:39
But I've gone from 1,800 email subscribers to now it's about 3,300 and almost 2,000 YouTube
00:49:48
subscribers. But that has been a slow burn. And there are definitely points where it's like,
00:49:54
is this doing anything? Does anybody care? You don't notice the big spike on a specific day.
00:50:02
But slowly over time, it kind of inches upward. And that's kind of the point I'm at right now,
00:50:09
is I can look back at the graph and I can be like, "Oh, at the beginning, you know, when I started
00:50:12
YouTube videos, getting a couple email signups a day, then it became 5, then it became 10,
00:50:18
and then it became 15." And it's not every day, but it kind of averages out. You can kind of see
00:50:21
it if you take a long enough look, the curve there. So you need to just be consistent with it.
00:50:29
And I feel like reading this chapter, it would have been helpful for me to read this back in
00:50:37
September when I was going through the doldrums is how a mentor mind described it one time.
00:50:43
Like, that's definitely a real place. And I was definitely feeling a bit discouraged.
00:50:48
And you're, because you're looking for some sort of sign that this is the right thing.
00:50:52
Ultimately, if you notice the right thing, which I did, you know, had enough people telling me,
00:50:56
like, "This is the right thing to do. This is good stuff. Just trust the process."
00:50:59
But when you're like scrambling and you're trying to figure things out, you're looking for that
00:51:03
immediate feedback. It's not going to be there. You have to just do the right things. And when
00:51:10
you do the right things over time, those are going to produce the results that you're looking for.
00:51:14
Just takes time. It does take time. Let's go to the next section here. The next section is called
00:51:24
elation and despair. And I picked this one because I feel like there's a yin and a yang here.
00:51:33
Like, there's a balance that needs to be struck between these two. And it's not maybe obvious.
00:51:42
I think, generally speaking, you ask anybody, they would say, "I either am a natural optimist,
00:51:52
or I would like to be a natural optimist." And there's a framing in this chapter that I feel
00:51:58
helps create a balance between these two perspectives. And he mentions that you should plan like a
00:52:07
pessimist, but dream like an optimist. And he ties this back to the best financial plan being
00:52:12
to save like a pessimist and to invest like an optimist. So that's like translating it from
00:52:19
the financial world to the everyday world. But I feel like that is a really... I never heard that
00:52:25
before, but it instantly clicked with me. You want to save so that you have something to fall back on
00:52:31
if stuff goes sideways. But also, if you are just being pessimistic, you're not going to invest in
00:52:39
the markets, which are going to provide the 10% annual returns, which are going to compound and
00:52:43
produce the real bulk of any sort of financial fortune, if that's the thing that you're trying
00:52:48
to build. So I immediately started thinking about how do I apply that not just financially, but
00:52:56
where have I been too pessimistic? And where do I need to invest basically? Where do I need to
00:53:04
dream? Things like that. And he does a great job of translating it from these different realms,
00:53:09
because he talks about how progress requires optimism and pessimism to coexist. And then he
00:53:15
goes into the James Stockdale story, which we've heard before. I think that was good to great. We
00:53:19
talked about that, where James Stockdale said that the ones who didn't make it out of the prisoners
00:53:25
of war camp were the ones who were the optimists, because they believed they were going to be out
00:53:30
by Christmas. And then when they weren't out by Christmas, they were heartbroken, and that was
00:53:34
the beginning of the end. He talks about this idea called depressive realism, which is the idea
00:53:41
that depressed people have a more accurate view of the world, because they're more realistic about
00:53:45
how risky and fragile life is. I think that makes sense. And I agree with that. But also,
00:53:51
I don't think you want to stay there. That's obviously just one perspective, and you want to
00:53:55
balance that. And he even says that the ideal perspective here is to be a rational optimist.
00:54:00
And I'm kind of curious, not just what you think of this chapter, but where do you find
00:54:05
yourself on this spectrum? I think I'm typically a little bit more towards the pessimist side.
00:54:11
So reading this, I need to follow my own advice. We talk about this in the life-themed cohort.
00:54:18
I know this to be true, right? I need to focus on the dreaming part, and I need to be more optimistic
00:54:23
about, yeah, I could do those things. Because if I look back on my journey, you know,
00:54:28
from when we started Bookworm seven, eight years ago, I'm doing things that I never thought I would
00:54:34
be doing at the beginning of that journey. So I even have some recent evidence I can lean back on,
00:54:40
but still my brain has trouble just running with that sometimes. I need a little bit of a push in
00:54:44
that direction. Yeah, the immediate example I can think of is because I'm with you, I tend to be on
00:54:51
the pessimist side of things, which can be a bit of an issue at times because you don't always see
00:54:57
the positive side of it. So to go back to this life-themed thing and part of what I've been
00:55:02
working towards is that I want to be at the skill level from running a sound,
00:55:08
running a soundboard and running live events to the point where I'm capable of running for a
00:55:15
5,000 person venue. The problem with that is that that takes a lot of skills that I don't currently
00:55:22
have. Like I'm getting there, but I have a long ways to go. And it's easy for me to get to a point
00:55:27
where I realize like this is just going to take too long. It's just going to be a pain. And it's
00:55:33
probably not going to ever pay off. And it's going to have hours that I don't like. And it's going
00:55:38
to have, and you see how this can go, like it's snowballs. And yet whenever I turn around and
00:55:45
actually run an event, even if it's for 100 people, if it takes any form of skill to pull off the
00:55:52
sound environment correctly, like absolutely love doing that. So like I need to focus on that piece
00:55:59
and like some of the difficulties, yeah, I can work through those. And that's part of what we'll
00:56:04
talk about next. But yeah, the difficulty side of it is one that I need to embrace and look on the
00:56:09
bright side of that. If I'm willing to embrace like both sides of that coin where it's like,
00:56:14
yes, it's going to be a little difficult at times. And I know it can be hard, but at the same time,
00:56:19
like these are all the positives that can come with that. Like that's the zone I need to sit in.
00:56:24
I immediately when you brought up the stockdale thing, I was thinking about
00:56:27
Victor Frankel with Man Search for Meaning and how like the ones who didn't make out were the
00:56:36
optimists. Well, Frankel talks about that with the concentration camps, how the people who thought,
00:56:43
yeah, we're going to be out by Christmas. Like they're the ones who died like shortly there after
00:56:47
Christmas because it didn't come true and they just lost all hope. So yes, I think this is
00:56:53
very important in life saving importance at times. And yet I think it's probably one of
00:57:04
at least for me, it's one of the more difficult things to get my head around as far as like,
00:57:08
how do I actually implement that and what is it that I need to be aware of in order to actually
00:57:13
follow through on that and not just pay lip service to it. So that's the part I'm kind of struggling
00:57:19
with. Again, I don't know how to take an action item on that other than just be aware of it.
00:57:22
Right. Well, that's actually a perfect place to go into the next one I want to talk about.
00:57:28
So one of the things that you could do if you're going to take action on it is you could recognize
00:57:33
that it's supposed to be hard. Yes. And this going back to the story I shared about the creator
00:57:41
journey. No, this is something again that I should have kept more in the front of my mind that it was
00:57:48
going to be difficult. It was definitely harder to get to the point where I am now than I thought
00:57:53
it was going to be and I'm still not where I want to be. But just for context, I guess in the creator
00:57:59
world, if you grow the email list big enough, that is the thing that drives the revenue when
00:58:05
you've got the products to sell and things like that. Having a big enough specifically email
00:58:11
audience, it's great to have people who are following you on the other platforms. But
00:58:16
historically, if you sell anything, email is the way that you sell it. So that's always been in the
00:58:25
back of my mind is like 10,000 email subscribers. And getting to 3300 and I believe 5000 will be
00:58:34
maybe a little bit quicker. But to this point, it's definitely been slower than I thought it was
00:58:39
going to be. But again, you can see the compound effect kicking in. So if it's supposed to be hard
00:58:44
and everything worth pursuing comes with a little pain, then you just got to push through it. The
00:58:50
trick is not minding when it hurts is how he puts it in this section. He talks about how hacks are
00:58:56
appealing, but they rarely exist and that the right way is the hard way. So I think this has a lot of
00:59:03
application for just about anybody who's trying to do anything worthwhile. But there's one thing
00:59:10
specifically that I wanted to talk about in here, because he mentions that an essential skill is
00:59:17
identifying the right amount of nonsense to endure while you're getting ahead. And I couldn't help
00:59:23
but think back to the conversations we had about day jobs and corporate and work environments and
00:59:30
even some of the feedback that we've gotten like, well, it's cool for you guys, but you know, I'm in
00:59:34
this situation, I can't possibly change it. Like, this is where I've worked. And this is how my boss
00:59:41
does things and just is what it is. It's not necessarily it is what it is. And that's always
00:59:48
kind of been the advice that I've given people is like, well, it would be very difficult to change
00:59:52
your job, but you could change your job. You could go get another job. You could decide to do
00:59:56
something else. People do that all the time. And I empathize with the fact that it is very difficult
01:00:02
to do that. But again, Morgan Hausle, like he does so often in these these sections, he kind of
01:00:07
just shines a light on like where the decision actually gets made with this is that we all have
01:00:15
this line. And some of us are like, Nope, I'm not going to tolerate any nonsense. And the minute
01:00:21
that I get in that sort of situation, you know, I'm out. I probably lean a little bit too much
01:00:27
that way. But there are other people who lean too much the other way, where it's just like, well,
01:00:32
this is the way it is. And I'm stuck here. So Morgan kind of enables both of these parties. And it's
01:00:40
like, well, you're not necessarily stuck there, you can change your situation. But you also don't
01:00:44
need to quit the minute that somebody does something that you feel like is wrong. You got to find the
01:00:50
balance there. And I feel like everybody's going to have maybe a little bit different mix in terms of
01:00:57
like what's a little bit too far, one direction or the other. But just the way he articulated this,
01:01:04
I thought was pretty brilliant. You got to figure out what is the right amount of nonsense that you
01:01:09
are going to endure. And then at some point you say, okay, that's that's too much. I'm not going
01:01:15
to put up with that amount of nonsense and you go find something else. But the takeaway for me,
01:01:21
I think, was that there's always going to be a little bit of that nonsense, no matter what you
01:01:25
do, no matter who you surround yourself with. And you do need to learn to kind of navigate it and
01:01:31
deal with it to a certain degree. I think we're a society that loves shortcuts. We like the get
01:01:38
rich quick schemes. We like the promise of Bitcoin making me rich. And we love that type of thing
01:01:47
in that story. But I feel like there's a lot of problem with that as well. And obviously,
01:01:55
it's supposed to be hard. If you put in the work and do it the hard way,
01:01:58
yes, it's going to take longer in most scenarios. But I feel like the character building that you
01:02:06
get out of that is well worth it as well. The people who have put in the time to earn wealth
01:02:13
appreciate it significantly more than those who sign a contract and instantly have $100 million.
01:02:19
And the way that people spend that money in both scenarios is drastically different. This is not
01:02:27
new information for you, I'm sure. That's something we know. People who win the lottery
01:02:34
typically go bankrupt. This is a common thing. So I think part of that is just being willing to
01:02:42
endure the difficulty. The question is, you're saying how much is too much.
01:02:48
And I know that having been in corporate and worked in those scenarios like this,
01:02:54
there's a lot of nonsense that happens. And if you're okay with that and for the sake of
01:03:02
a paycheck, sure, go for it. I can't handle that level of nonsense. And I have stepped away from
01:03:10
that, obviously. I tried to go back to it at one point on contract and that was even worse.
01:03:14
Because then at that point, my level of dealing with nonsense was much less than it was prior. So
01:03:21
just be aware that level can change as well.
01:03:25
Yeah. Next one is section 18. And that is harder than it looks and not as fun as it seems.
01:03:35
And I don't have a whole lot from this section, to be honest. But I think there's some very
01:03:43
important things to be teased out here. Because we've heard before that on social media,
01:03:51
specifically people tend to share the highlights. And that's that there's an element of that in
01:03:57
here as well, that everything always looks better from the outside and that everyone is dealing
01:04:02
with problems that they don't advertise. But the big thing I took away from this is that most
01:04:09
people will not talk about what scares them. And I don't have an action. I'm associated with
01:04:15
this either. But again, a nudge in the direction to talk about the scary stuff. Because every time
01:04:20
I do that, I find that there are other people who are scared of the same things and are dealing
01:04:24
with the same things. And just by being the one who's actually willing to say the quiet part out loud,
01:04:29
it helps everybody. So I think that's an important perspective to have. And then the other thing
01:04:39
in here, which I liked is that everything is sales. And I know a lot of people, I've even had
01:04:46
conversations with people who are like, well, I just don't want to be a salesperson. I'm not
01:04:51
very salesy. And tell them, well, you're married. So you sold yourself at least once.
01:04:58
Yeah. It's not a bad thing. Sales is just the ability to communicate to people that you're willing.
01:05:05
You're able to take them where they want to go. It's essentially a form of leadership. It doesn't
01:05:12
have to be the sleazy use car salesman is trying to sell yellow lemon. That's obviously the
01:05:18
negative application of this. And that's typically where people's mindset goes. But that's not really
01:05:23
what it is. And it is also kind of like a little bit tangential in this chapter. Like it's not
01:05:30
really anchored on that idea of like harder than it looks and not as fun as it seems. But it was
01:05:35
something that stood out to me. He has a brief story in here about how I think it was a co-worker.
01:05:45
I don't know. Somebody was talking to you said that they were thinking about leaving their company
01:05:48
because their current company was bad at communication. And they had a lot of internal
01:05:52
struggles and they were looking at going to a competitor. And he's like, well, how do you know
01:05:56
the competitor doesn't have those problems? Well, they just look like they're completely put together
01:06:00
and they produce a lot more. Like, well, that doesn't necessarily mean that they're better at
01:06:05
communication. They just maybe have a few people that are better at tolerating it and do good work
01:06:11
despite it. Like, that may be all that's going on. But you don't actually know that they're better
01:06:17
at that. And he the last paragraph before he has his lead into the next chapter, he says,
01:06:23
everyone's dealing with problems. They don't advertise at least until you get to know them well.
01:06:28
Yep, 100%. Grass looks greener. But it looks greener from afar.
01:06:34
So I know, like, take that analogy, sure. Like, there are times when people have pulled into my
01:06:43
lawn and say, man, your grass looks really good in the front lawn. It's like, really? It's like
01:06:47
patchy and browning spots. And then I realized that if you look at it from the road or as you're
01:06:54
pulling into the driveway, you actually can't see that. Like, there's spots there that are not
01:06:58
good. But all you see is like the greener stuff. It's on the edges where, you know, the water flows
01:07:03
down the driveway and waters it really well inadvertently. Like, you can see that really well.
01:07:08
And it looks pretty good. But when you get closer to it and actually get up on it, it's not as
01:07:13
great as it looks. So even from a lawn perspective, sure grass is always greener, but
01:07:19
just walk up closer to it. It might not be as nice as you think it is.
01:07:25
Right. Okay, the last official section I've got here is number 22, which is trying too hard.
01:07:35
So I feel like the sections that I picked to discuss in this outline have kind of all been
01:07:42
sort of tied to it's going to be harder than you think. And you just got to stick with it. And
01:07:46
eventually it'll work out. So this one kind of stood out to me because it's kind of a
01:07:51
contradiction to that. But this also is very relevant for me. And probably some other people too,
01:07:58
because I tend to make things harder than they have to be. And the very first thing he says in
01:08:04
this chapter is that there are no points awarded for difficulty. So we like those big comeback
01:08:12
stories and we conquered the thing. But really the best version of this is you never had to fight
01:08:18
the thing. One of the examples he shares in this chapter is that you can't die from cancer if you
01:08:25
don't get cancer in the first place. But the healing is more attractive maybe than the prevention.
01:08:35
And taking that example out of the picture, that principle I feel like is really important.
01:08:45
An ounce of prevention is worth a pound of cure. So prevention is the simple version.
01:08:52
And another way to say this, I've heard it said that it's easier to sell medicine or pain reliever
01:09:02
than vegetables, different versions of that. People want the pain to go away. But if you do
01:09:08
the right things, you won't have the pain in the first place, sort of a deal. And you obviously
01:09:14
can't escape all of the pain, but that's the big takeaway for me is like, don't look to make it
01:09:19
more difficult than it needs to be. And if you're looking at other people's stories and the things
01:09:28
that they've gone through, I think there is a little bit of a bias towards the complexity,
01:09:32
because he talks about how complexity sells better. Complexity, he also says that when we're
01:09:36
like crafting our own solutions and things, complexity gives the comforting impression of
01:09:41
control. That's the one that really hit home for me is like just using my obsidian test management
01:09:46
thing at the beginning as an example. Is there a simpler version of that that I should probably
01:09:50
get to at some point? Yes. I'm sure there is. But the fact that I have 12 different lists that
01:09:57
feels comforting. I know that the minute I start trying to use all 12 of those lists, it's not
01:10:01
going to it's going to fall apart. Because the simple thing that has the least amount of friction
01:10:07
is going to be the thing that actually allows it to stick. So I got to fight through that. I got
01:10:13
to work through that. The big takeaway, again, not an action item is just recognize that this
01:10:19
thing maybe feels right because of the complexity, but know that in the long run that actually is
01:10:24
working against me. So make it as simple as you can. And then the length of the thing also kind of
01:10:31
signals effort and thoughtfulness to a lot of people. That's why a lot of the books that we read
01:10:36
are 200 pages, I feel. A lot of them don't need to be that long. And we've gotten pretty good over
01:10:42
the years of figuring that out distilling it down. Like, yeah, this could have been 20 pages.
01:10:47
But you totally get it. You know, too, when when Morgan points it out, it's like, hey,
01:10:52
the reason that a lot of them are like that is because the fact that someone picks it up and
01:10:56
there's 200 pages on the Pomodoro method implies that they really know a lot about it. Not necessarily.
01:11:03
So maybe use that as a use that as another perspective when you're trying to filter through things as
01:11:10
well, recognize that that's something that people will will tend to do and don't ink around the
01:11:16
length as evidence of the the research or the quality of the material.
01:11:21
I think the piece from this that really struck me is that whole simplicity versus complexity
01:11:28
concept, because the more that in the audio world or in the networking world, tech world in general,
01:11:35
like you can make things ridiculously complex. Like I can put together what we call signal chains
01:11:42
for how you pass audio from the beginning to the end to get it out the speaker system. I can do a
01:11:46
lot of fancy stuff on that. But most of it is handled by how I place the microphone in front of the
01:11:55
person or the instrument. Like if that's not right, the rest of it just doesn't matter.
01:12:00
It's literally put the microphone in the right spot. If you do that, you've solved like 90 to 95
01:12:08
percent of the problems you're going to run into. Like it's that simple. But we like to say, you
01:12:13
know, I got a high pass filter. I got the EQ. I got the compressor. Got all these things.
01:12:18
Got the plug-ins. Like I got all these things. But if you have a really good source and you put
01:12:22
the mic in the right spot, I mean, that's the bulk of it. Like you can do all the other stuff. And
01:12:28
if you're going to do a really good job, you should do all the rest of that stuff. But your
01:12:32
benefit isn't near as large as putting the mic in the right spot. Like it's that simple. But again,
01:12:40
we like to make it complex. That's just one example. You can give tons and tons and tons of these time
01:12:45
management, task management, all of these things. All right. I don't think we need to cover the
01:12:50
questions section. Do you? No, I don't think so. Just ask the questions and then answer them.
01:12:56
Agree. Although I do like the fact that there are questions at the end of the book.
01:13:00
So I guess then that takes us to action items. And I don't have any. I'm assuming you don't either.
01:13:09
I don't either. It's one of these like just be aware thing. But yeah, I don't have any for this.
01:13:17
All right. Well, I guess we'll go on then to style and rating. So my book, I will go first.
01:13:26
And I really like this book. I'm not sure what I was expecting, but I feel like it exceeded my
01:13:33
expectations. I like the format. I like the small-ish sections. They're not tiny, like I was saying.
01:13:43
You know, this is not Seth Godin. It's still about a 200-page book, just under if you take out the
01:13:49
questions section. So still a little bit of meat here. But this is really this is really like the
01:13:57
perfect format, I feel like, for Morgan Housel. Again, not familiar with anything else Morgan
01:14:03
Housel has done. But the stories are great. The details that he teases out are great. The
01:14:11
principles that he kind of highlights and teaches in this book are great. I feel like for the most
01:14:18
part, there's there's no sections in this book whatsoever. But for the most part, there is kind
01:14:23
of a unifying thread that connects them all, which is a little bit surprising sometimes when you look
01:14:28
at the titles and even as we talk through it, you know, we ended up talking about a couple things that
01:14:34
seem like they're in direct contrast to each other. But they're really not the way that it's put
01:14:37
together, I think, is done really, really well. And I think this is definitely something that the
01:14:45
bookworm audience should read. I think if you listen to bookworm and you like the majority of the
01:14:51
books that we talk about, this one you're going to get a lot out of and it's going to be a fairly
01:14:56
easy read. It's going to be a pretty entertaining read or at least a very engaging read. Let me
01:15:03
put it that way. Definitely glad that I read it. Definitely one that's earned a spot on the bookshelf
01:15:10
and I do think I will come back to it from time to time and consider those questions.
01:15:14
I don't I didn't have any action items from it. I guess one that I could have thought about was
01:15:21
just like writing down those questions inside of a note and obsidian. But I don't know, I feel like
01:15:26
this is one that I'll probably revisit from time to time, not to read the whole thing. But just like,
01:15:32
oh yeah, I read a section about that or I'm reviewing the mind map and get triggered by one of the
01:15:37
section titles and I'll go back and read that again because it's eight pages or something like that.
01:15:43
I think it's really good. I'm going to rate it five stars actually. I don't think it's the most
01:15:51
impactful book that we've ever read. But I do think it is really, really good. And I think
01:15:57
there's something in here for just about everyone. I think the very premise of the book is different
01:16:05
and refreshing and very widely applicable. So regardless of your situation, I feel like you're
01:16:15
going to benefit from putting in the effort to read this one. I feel like Morgan Hausle does a
01:16:21
very good job of laying out the whole book from start to finish because like remember how we
01:16:27
started this where one little tiny change, again, we're talking about being the same over time.
01:16:33
One tiny little change can completely throw off the entire history of something. And then we go
01:16:40
through this process of telling stories or putting in the time to make something happen over a long
01:16:47
period of time. It's going to be difficult to do that. You need to try hard even when it's not fun.
01:16:52
By the way, don't try too hard. You follow this cadence that I'm talking about. So he's not only
01:16:58
done a really good job of telling the stories within the chapters and then helping you get
01:17:03
through them. But he's also done it across the entire book. Like you said, it's rare that you're
01:17:08
choosing that first chapter out of a book like this. But he did set up the rest of it really well
01:17:14
with that first chapter. It's also kind of odd when we do this to grab the last bit from the book
01:17:21
as well. And we usually jump to the conclusion and did that as well. I think there's one that was
01:17:27
past that. But like right there at the end, grabbing that piece as well. So like again, those are both
01:17:32
oddities in or those are all oddities and how we've covered this. I think he's done a great job.
01:17:40
Like there's there's a lot of little stuff here that you can pick up. There's a lot of books that
01:17:43
we have covered in the past that cover one of these sections in depth. And if you want to deep
01:17:48
dive those, you could grab it and go to it. But as far as like being aware of how things do and
01:17:54
don't change over time, more so how they don't change over time, is incredibly helpful because
01:18:01
you know that those principles aren't going to deviate. You can count on the history lesson that
01:18:05
they have taught. And you can use that for going forward. So as far as the rating goes, like and
01:18:12
how this book is put together and what I've gotten out of it, again, I don't have any action items
01:18:16
from it, but I think you're spot on. I think it's a five oh, and I think it's one that again,
01:18:22
I'll reference from time to time. I think you should pick it up and read it. Again, it's not like
01:18:26
groundbreaking and it's not like going to completely change your world in its like by itself. But I
01:18:34
think if you put it in conjunction with the number of lessons you're covering, like I guess when I
01:18:41
say that like the number of lessons that you're getting by going through this particular book is
01:18:46
quite large, we're probably not going to be the ones that are going to catch as much of the life
01:18:51
changing bits out of this because of the history of the books that we've read. So I think if it's
01:18:57
one that you're going to pick up and you're only going to pick up one this year, this is a good
01:19:00
one to do that. I know we've had a couple of them like that this year, where there's like two or
01:19:04
three of them like, yeah, this is definitely one you need to pick up. This is one of those I think.
01:19:08
But yes, I think it needs to be a five oh, all right. So last book we do together is a golden book.
01:19:15
That's true. Didn't count on that. But hey, I'll take it.
01:19:19
Yeah. All right. So I guess this is typically where we do gap books and upcoming books. But to be
01:19:25
honest, I don't know exactly what is going to happen or what we're going to cover. But I will
01:19:33
promise you that in two weeks there will be another bookworm episode. And hopefully I will have
01:19:40
someone who can help me talk about a book for that episode. We got a little bit more heads up
01:19:47
this time. So yeah, I don't think I'll have to do that the solo thing. But yeah, thanks for
01:19:53
thanks for a great run, Joe. Certainly. And I'm again, I'm very grateful for
01:19:59
you as listeners. And it's been a great run for 186 episodes of bookworm. And I look forward to
01:20:08
coming back from time to time. But again, thank you to everyone who listens. I will miss you greatly.