Having Courage

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This episode of Net 7 discusses courage and believe that every problem ultimately comes down to courage. The courage to take action. Kelly talks about the courage it took her to become an entrepreneur and John shares when he was 50 years old and wasn’t as successful as he thought he should be.

About the Hosts:

John Mitchell

John’s story is pretty amazing. After spending 20 years as an entrepreneur, John was 50 years old but wasn’t as successful as he thought he should be. To rectify that, he decided to find the “top book in the world” on SUCCESS and apply that book literally Word for Word to his life. That Book is Think & Grow Rich. The book says there’s a SECRET for success, but the author only gives you half the secret. John figured out the full secret and a 12 minute a day technique to apply it.

When John applied his 12 minute a day technique to his life, he saw his yearly income go to over $5 million a year, after 20 years of $200k – 300k per year. The 25 times increase happened because John LEVERAGED himself by applying science to his life.

His daily technique works because it focuses you ONLY on what moves the needle, triples your discipline, and consistently generates new business ideas every week. This happens because of 3 key aspects of the leveraging process.

John’s technique was profiled on the cover of Time Magazine. He teaches it at the University of Texas’ McCombs School of Business, which is one the TOP 5 business schools in the country. He is also the “mental coach” for the head athletic coaches at the University of Texas as well.

Reach out to John at john@thinkitbeit.com

LinkedIn: https://www.linkedin.com/in/john-mitchell-76483654/

Kelly Hatfield

Kelly Hatfield is an entrepreneur at heart. She believes wholeheartedly in the power of the ripple effect and has built several successful companies aimed at helping others make a greater impact in their businesses and lives.

She has been in the recruiting, HR, and leadership development space for over 25 years and loves serving others. Kelly, along with her amazing business partners and teams, has built four successful businesses aimed at matching exceptional talent with top organizations and developing their leadership. Her work coaching and consulting with companies to develop their leadership teams, design recruiting and retention strategies, AND her work as host of Absolute Advantage podcast (where she talks with successful entrepreneurs, executives, and thought leaders across a variety of industries), give her a unique perspective covering the hiring experience and leadership from all angles.

As a Partner in her most recent venture, Think It Be It, Kelly has made the natural transition into the success and human achievement field, helping entrepreneurs break through to the next level in their businesses. Further expanding the impact she’s making in this world. Truly living into the power of the ripple effect.

Reach out to Kelly at kelly@thinkitbeit.com

LinkedIn: https://www.linkedin.com/in/kelly-hatfield-2a2610a/

Learn more about Think It Be It at https://thinkitbeit.com/

LinkedIn: https://www.linkedin.com/company/think-it-be-it-llc

Facebook: https://www.facebook.com/thinkitbeitcompany

 

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Transcript
Unknown:

How do driven entrepreneurs like you and me? Who want to play the game of life at our full potential? actually do that? So that we met seven figures a year and experience the overall exceptional life? It's all about leveraging our most valuable asset, our brain. But how do we train our brain to actually rewire our autopilot so that all of the right actions and focus happens automatically without thinking as we create the exceptional life in business health, and our significant other relationships? These are the questions and this is the podcast that answers them. This is where your net seven figures a year freedom begins.

Unknown:

Welcome. I'm Kelly Hatfield. Hey. And I'm John Michell. And today we are going to dive into the topic of courage. So John, why don't you kick us off? Okay. Well, you know, I think, I think the courage that courage is at the center of solving every problem, if you really think about it, you know, any, any problem ultimately gets solved by having the courage to take an action. And I can think of two important moments in my life that required courage. And, you know, the first one happened when I turned 50, you know, in this, this as is, you know, for my story wasn't as successful as I thought I should be 50. And, you know, I wrestled with this issue. When I was when I was turning 42, I might add, because I weren't as successful as I thought I should be. And I remember when I turned 40, I'm like, you know, I'm just going to do my best. That's all I can control. I'm going to do my my best. And, and I thought that was good. And at some level, I think that gave me comfort. And what I didn't realize, and I may have said this on a prior episode that I thought I was doing my best, but I, I really didn't know what doing my best was, you know, I was unenlightened about growing as much as I should, and focusing on what moves the needle, neither of which I I did back when I was turning 40. And so I was deceiving myself that I was doing my best but But nevertheless, you know, that's, that's how I approached it. But when I turned 50, just that scarcity of time, and you know, it really hit me that I had to make it happen in my 50s. There's no waiting for it, hoping for it. And, and I think to a large degree, in my 40s, I certainly had the attitude that I'm just going to put my head down and work hard, because I didn't know there was an alternative, I didn't understand the concept of, of working smart. Nobody had pat me on the shoulder and told me of a way to work smart, I'm sure I would have embraced it if somebody didn't showed it to me, but I think that's how a lot of people are, is they're working so hard, just head down, work hard, because they don't know, an alternative. And so when I turned 50, and then feeling that scarcity of time,

Unknown:

one thing was clear to me was that if I wanted to ever have that exceptional life, I had to start netting seven figures a year, the two or $300,000 a year I'd been making for the prior 20 years, just one gonna cut it. And, and I know that sounds materialistic, but But hey, that's just the math. And so I'm feeling that intense pressure and, and I'm like, you know, I need to man up here. I mean, I need to have the courage to fix this problem. I don't know what the solution is, per se. But I know that if I keep on doing what I'm doing, I'm going to keep on getting the same results. And and before I look up, I'm going to be 60 and my best years are behind me. Now subsequently, I have come to disprove that. But or at least in my opinion, but

Unknown:

but at the time I thought boy, it's it's it's my 50s or bust. And and I think that maybe one of the I mean that that's that at the end of the day that that intense. I don't know, focus that John, you got to fix the problem, and you got to fix it right now. There's no more well, let's see what happens in the next decade or that something magical is going to happen? No, you're going to have to figure out a solution and you're gonna have to implement that solution. And I think that intense pressure that I put on myself, ended up being really good because

Unknown:eur, from the time that I was:Unknown:e're still be married back in:Unknown:

Right? You know, so for me, it was the courage and I'm not by nature up until the point where I became single, I took the first step and became an entrepreneur, every risk I've taken after that has been, you know, they're always, you know, measured, for sure, but they become easier and easier. But that one was a big one, because I like to know what's going to happen, the security of, you know, so as much as I wanted to be an entrepreneur, there was so much fear associated with doing that, because the security and the stability of having a job and you know, all of that were there not knowing is this going to work out, am I going to be successful, you know, all of those things. So walking out the door will, I guess having the conversation where I gave a month's notice to my existing employer, and I'm not having a plan yet, but it's like, I've got to do it i so that I don't allow myself a choice. It's like you got to move now.

Unknown:

All right, I think that for me was the moment that started my whole entrepreneurial journey, that journey that for me, felt courageous, you know, walking away from all of that security, when that is like the, you know, like the base of kind of what I am made of, I need that, especially around money, I was really had kind of a scarcity kind of mindset at the time. So, you know, it was like, I was not going to make any more money was almost like it, you know, I was walking away from 100,000, you know, or six figures, and not thinking about all of the things I could gain as a result of becoming an entrepreneur. Does that make sense? Oh, absolutely. You know, I think I think it's interesting, that courage in your case was spurred by a conversation from the outside. And, you know, that conversation spurred you, because you had pride, you had a standard for yourself. And in that conversation was poking at things that were, you know, right on point with who you want to be and how you want to show up. And, you know, it reminds me of the other point in, in time, where I felt like I had courage in that when I started out as a, as an entrepreneur, you know, I started out as a CPA, and, and by the time I became, like, 28, I'm like, you know, I do not want to be an accountant all my life, and

Unknown:

no offense to all the accountants out there that I know, we just got a ton of accountants listening to us.

Unknown:ancing. I mean, you know, I'm:Unknown:

reach, easily making what in today's dollars would be over a million dollars each. And, and so all of a sudden, I'm like, wow, you know, I'm a partner, you we sort of have a handshake deal on mass. And I'm like, I see my, my future really taken off here, I'm going from making $30,000 a year to, I don't know what but I know I'm

Unknown:

rolling with guys that are making a million a year. So it's, it's got to be pretty good, right. And so I put the whole deal together, find the land, put it put the whole thing together. And and ultimately, I had to create a investment summary that explained how it worked. And that happened to play right into my strengths, I could take the complex and make it simple. That was my unique talent I had discovered from being a CPA. And so I put together this summary and hand it to them. And, you know, it's probably a 20 or 30 page summary that explains it all. But the essence of it was explained in probably two or three pages, and they take it and within literally three or four days they sell out of it and raise four or $5 million. So once that happened, I'm like, well, here we go. Here we go. My My future's looking good. And so about a week or two later, after they raised the money, I remember it like it was yesterday. And they call me into their office, that the main lay the main partner, and it was a Friday. And he says, Well, John, you know, we're going to let you go, because you don't bring any financial strength to this situation. And it's going to take a multi million dollar bank loan to build this. And you just don't bring anything to the table. And I'm like, of course I don't. I'm 30 years old. I mean, making $2,500 a month, of course, I doubt what you know. And they they go, but I'll take Well, I'll tell you what we'll do. We'll give you $100,000. But we won't give it to you now we'll give it to you in two years when the thing gets built. Well, I'm devastated. I am totally devastated. And I remember packing my stuff, getting getting in my car driving back to my townhouse. And I'm just devastated. Well, the next day, I get up, and I am still devastated. I've been I cannot believe what had happened. Well, Sunday, I get up and I go eff them. I am pissed now. There's no, I am pissed now. And so by truly the grace of God, I was able to put together my own duplicate deal. And, and did everything exactly the same way. And and because the market was so hot. That's why I was able to do it. And, and not because I was so sharp, but because right time, right place, and I ended up making more money on my own deal much more than I would have made as a partner with them. And so the essence of that story is courage. You know, I saw that, that it's a courage to to quit being a CPA, but it took way more courage that when I got knocked down, they get back up. And you know, I remember I mean, that happened many, many years ago, but it's one of my

Unknown:

proudest moments. And so, again, back to what I had said, originally, courage, ultimately is the solution to any problem. So anything else to add about it, I love it, I think just, you know, pointing something out that each of these moments that we talked about in our life, that were courage, and then thinking yourself of the times that you've taken action, you know, you've made the difficult decision, you've had the hard conversation, you've started your own business, all of the good things that come from having courage, you know, there, there's there are those inflection points in our life that lead you know, the, it's painful in the moment, but leads to the good stuff at the at the end. And I think, you know, just reminding people I'm thinking about, like, anytime you've been putting off that conversation that you need to have, and then you finally have it, and what a relief that is and how much it solves the issue that you know, any good, bad or otherwise, it's out there now and you can talk about it. And so I think just thinking about all of the benefits that come from stepping up and Living Courageously in each moment, and again, that comes down to just those small decisions. We're making conversations we're having. And so anyway, that was just

Unknown:

The last point that I wanted to add, so do you think everybody is born with courage? Gosh, I hadn't even I've never thought about that before. I think so. I mean, it's intrinsic. I mean, I think just the act of being born is is, right, and learning to walk, and all of those things takes courage, you know, what I mean, to get and falling down and getting back up and popping back on that bike, you know, and trying again, I think it's intrinsic, its intrinsic to who we are, as people, it's just a matter of cultivating that courage. You know, I agree with that. I think that's, that's an interesting idea. It really is, I think innately wired into us to be courageous. And, and but it's probably like a muscle, you know, if you gotta use it to develop and, and I think that, so much of Courage comes down to pride. And, and, you know, I know, I know, we agree on this about how precious life is and, and you got to have the pride in your life and the courage to make your life, whatever you want it to be. Just like, you know, when I was 50, and not accepting that average life, it just came down to courage to, to do something about it to find that solutions. And so I think I think like we've been talking, it's, it's a combination of, sometimes it's, you've got to have a tough conversation with somebody else. And sometimes you got to have the tough conversation with yourself. Yes. So but Well, I think that wraps up the topic of courage. I hope we've enlightened our audience. Because truly, you have courage in you, it's innately in you and just believe in yourself. And when the moment comes that you've got to have courage. It'll be there. And so that's a message for the day. Yay, I love it.

Unknown:

Okay, okay. Well, we'll see you next time. So go to think a bit.com to learn more and if you want to email either Kelly or me, we love to, to interact with our audience. Go to John@thinkitbeit.com or Kelly@thinkitbeit.com. And so until next time, we'll see you.