Navigating the Tricky Waters of Being Self-Employed with the Peter Pan of Entrepreneurship Clay Clark – A Knowledge Bomb

Show Notes

Is it possible to make everyone happy? If you are going to build an “entrepreneur” ship it might as well take you to the destination you want to get to. Clay explains why being The Peter Pan of Entrepreneurship is a good thing for both he and his family.

Define and Design Your Ideal F6 Life

Faith

Family

Finances

Fitness

Friendship

Fun

NOTABLE QUOTABLE – “When I was 5 years old, my mother always told me that happiness was the key to life. When I went to school, they asked me what I wanted to be when I grew up. I wrote down ‘happy’. They told me I didn’t understand the assignment, and I told them they didn’t understand life.” – John Lennon (Legendary songwriter and member of the Beatles)

NOTABLE QUOTABLE – “The goal is to be able to live your life the way Michael Jordan played basketball or Marvin Gaye sang a song. To be able to feel the way you feel when you laugh at a joke but to feel that way all the time.” – Russell Simmons (American entrepreneur, producer, and author. The chair and CEO of Rush Communications, he co-founded the hip-hop music label Def Jam Recordings)

NOTABLE QUOTABLE – “The happiest people discover their own nature and match their life to it.” – Ray Dalio, Principles: Life and Work (Arguably one of the most successful investors of all time and the founder of Bridgewater Associates https://www.bridgewater.com/)

NOTABLE QUOTABLE – “You are the average of the five people you most associate with.” – Tim Ferris (Best-selling author of The Four Hour Work Week, early investor in Facebook, Uber and one of the top podcasters of all-time)

Business Coach | Ask Clay & Z Anything

Audio Transcription

All right. Thrive nation. Welcome back to another exciting business conferences edition of the thrive time show. This is a new segment portion. We’re going to do a type of show. We’re calling knowledge bombs. This is either going to work. I have 10 minutes to explain to you an idea that I think is profound enough to make it a little 10 minute podcast for a little nugget of knowledge you don’t get in college and throughout the week whenever I find myself teaching this principle to somebody, I’m writing them down on my to do list and I’m recording them as 10 minutes a knowledge bombs because the person I told him I told this to said to me, oh my gosh, I wish I would have. Gosh, that’s huge. It’s freeing for me. Wow. Thank you. And so this is knowledge bomb number one, the entrepreneur ship. Think about the entrepreneur shipping like a ship, like a vessel, the entrepreneur ship, navigating the tricky waters of being self employed with the Peter Pan of entrepreneurship.

Clay Clark. So let’s. Good. So let’s take this analogy as far as we can go with it if we run a ground because I run out of a colorful descriptive narrative than that. Maybe I’ve taken the analogy too far, but here we go. The entrepreneurship is is a vessel. And Robert, what is the point of the entrepreneurship? What is the point of having a business vehicle? What is the point? Where is the entrepreneurship supposed to take us? Well, it’s supposed to serve the captain. It’s supposed to serve the business owner. So we’re not just supposed to get in the boat and spend our whole time polishing a boat, right? It’s supposed to take us somewhere. So step number one, I want to make sure that everyone writes this down. This huge step one, you need to define your f six goals. See you to write down your goals for your faith, your family, your finances, your fitness, your friendship, and your fun, right?

That is your goals. Those are your goals. Write down your business conferences goals for your faith, your family, your finances, your fitness, your friendship, and your fun. Now, after you’ve written your goals, listen to this podcast again and think about the following, good, notable quotable from John Lennon, and ask yourself if you have good goals or not. John Lennon once wrote, when I was five years old, my mother always told me that happiness was the key to life. When I went to school, they asked me what I wanted to be. When I grew up. I wrote down happy. They told me that I didn’t understand the assignment. I told them they didn’t understand life and that is how I live. Me Personally. This is how I live. I consider myself to be an entrepreneurial Peter Pan. I refuse to grow up as an example. I wear a Jersey everyday. You know why I wear a suit for 18 years?

Thrive nation. It’s because I had to play the game. I had to play the game, had to wear a suit, had dress up, had to look the part, had to look the part. My resume wasn’t enough yet. I couldn’t book Sharon Lechter on our podcast. I couldn’t call Michael Levine on the phone, didn’t have David Robinson is a partner. Um, hadn’t had a chance to interview these celebrities so you know, these, these big, big, big time people. Hadn’t had enough things on my resume. Well, now my resume is so large that I can dress like an idiot all the time. So now I actually dress like I used to dress in high school again because I can and I’ve always wanted to dress that way, you know, uh, have it brought back my double hoop earrings, but I still have the holes in my ears. Probably could, but probably not going to, but I could. But I believe that I built a business to serve me. I built an business conferences entrepreneurship to take me to where I want to go. Now if we did a survey of all the people on the boat, I mean, think about this. We’re going back to the worlds, the world of pirates, Robert Pirates, Robert Robert. What’s a pirates favorite letter?

L R Robert. Robert. What’s a pirates favorite? Second letter.

Walk the plank if you get it wrong. Robert, the CS. Robert Plank. Robert. One more pirate question. What’s a pirates favorite restaurant? Make Donald Arby’s. Right? So, wow. Thrive nation, that’s some. That’s some high level coaching right there. No, but seriously, the pirate or the captain of the ship said, hey guys, where do you want to go? If you asked the teammates, where do you want to go, everybody would want to go somewhere else. That’s why I don’t ask my employees, what music do you want to hear overhead, because every employee has their own opinion. I’ve got a great member of our team right now that absolutely loves very dark borderlines, say music like slipknot and stuff. I’m not going to play that overhead, but they’ve asked me to. So the entrepreneurship exists to take both me and my family where we want to go in the areas of faith, family, finances, fitness, friendship, and fun. The next notable quotable comes to us from Russell Simmons. He says, the goal is to be able to live your life the way Michael Jordan played basketball or Marvin Gaye sang a song, but to be able to feel the way you feel when you laugh at a joke, but to feel that we all the time

to be able to feel the way you feel when you laugh at a joke, but to feel that way all the time and honestly that’s how I feel during my work day. I’m in a flow state. I like flow. State is a cycle as a psychology term that refers to when you are doing what you love to do so much that you actually lose track of business conferences time. That’s what flow state means. I absolutely love what I do during the day so I don’t. I don’t have a desire to ever go on a vacation because I love my job. I mean, think about that. Like my years ago, if someone was talking about like, well, what if you made much money? You know what? Where would you go on vacation? And I thought to myself, what if I made a job that I loved it so much that I felt like I was on vacation every day.

And that’s what my office is. That’s my schedule. That’s my thing. I love what I do. Uh, Ray Dalio, arguably one of the most successful investors of all time, and the founder of bridgewater associates, one of the top hedge funds. I mean, this guy built bridgewater associates. I know you’re not familiar with Ray Dalio thrive nation, but look him up, Ray Dalio, steve jobs of investing, he’s huge and he’s just one of the most successful investors of all time at 10 Warren Buffet. And then kind of everybody else, he says, the happiest people that he knows, discover their own nature and match their life to it. They discover what they like and they match their life to it. So I haven’t adjusted my life to conform to anybody else. I literally have designed a life where I’m doing what I love to do. And I don’t feel bad about it.

The other day somebody wanted to work with us and they said, well, you’ll need to come to her office to meet the boss, and I just said, I just want you to note for whether you want to buy a franchise or you want us to coach your company. I never leave the building, but you can come to me if you’d like, you know. They said, nope, you’ll need to come to us to sell the boss. And I said, I don’t sell the boss on anything anymore. I don’t. I don’t call anybody. I’m topping Google for a great many things. My resumes on the Internet for all to see if you want to work with me, you come to my office but I don’t go to your office. And she’s like, really? This could be like a big account for you. I’m like, no, I won’t be a big account for me because I don’t go anywhere.

So a Tim Ferriss though the best selling author of the four hour work week he wants wrote, you are the average of the five people you most associate with. And so because I do hang out with very successful people and successful people, only all of us do the same thing. We all live life on our own terms. But why is that so countercultural, Robert? I mean, what, why does it seem almost like heresy for somebody to hop on a podcast or radio show and to say that their goal is to get where they want to go with their entrepreneurship that they built?

I think it’s because, uh, there’s, there’s a lot of external beliefs, values, principles. When are you going to give back that people push upon you that if you do not serve those principles or values that other people have for you, then a, in some sense they say that you’re doing wrong to society or you’re selfish or whatever. I think a lot of times the people project their values on you and expect you to live with their standards and offensive. If you say, you know what? No, I’m going to create a life for myself regardless of, of what you think or how you feel.

Saying no is just so important. Just as an example, uh, at the time of the recording of this podcast, it’s 7:31 on Sunday morning and uh, I’ve had my phone off now for, since 1:00 on Friday, so that’d be 1:00 on Saturday, the 24 hours. So we’re approaching 48 hours and having my phone off, I don’t know that there’s hardly anybody out there that turns their phone off for two and a half days. Do Robert? I mean, is there, I mean there’s almost nobody I know that does touch except for super successful people who make far more than I do or who make how much I make. Yeah. Yeah. I don’t. I know people, uh, the, the most successful people either turn their phone off or create a, another, a bridge of communication through someone else that if you want to get to them, you have to go and communicate to this other person first.

I don’t really respond to anybody on facebook. I get that. I, I get crap all the time. I’ll take, we’ll take, we’ll go out to dinner with somebody and they’ll say, guy sent you a message on facebook and I just my my goal, thrive business conferences nation, and your goal, in my opinion, should be to build an entrepreneurship that will take you where you want to go. Build a ship that will take you where you want to go. It takes a lot of time to build a ship, but build a ship that will take you to the entrepreneurship island where you want to be so that you can be the Peter Pan of entrepreneurship as well. Three, two, one. Go.

Feedback

Let us know what's going on.

Have a Business Question?

Ask our mentors anything.