You're now listening to Hack & Grow Rich with Shaahin Cheyene and his co-host Bart Baggett. Where do you see vaping moving in the future? Do you think that inhalation is going to be a means of delivery for other things like medications, I've seen one vape that was caffeine, right? Yeah, I spent a lot of time building this technology for pharma companies as well. All the big pharma companies, all the big tobacco companies were very interested and I've built several iterations of vaporizers using sound sonic technology.

I think, in general, this is an unpopular view. Not everybody is meant to be entrepreneurial. Some people are better off working for other people. Yeah, the fact is, when you ask people, you know, you ask wealthy people, successful people. Why are you successful? They will invariably come back to say I'm passionate about what I do. Ask Mark Zuckerberg. Why why? Why did you succeed and all these other people? I'm passionate about social media. I'm passionate about this. It's really. This Scott Adams says in his book, how to fail at almost everything and still win big. It's something. Yeah, I love that book. I love it. It's a great book. And I, you know, he talks about this and the fact is most people are going to fail.

You're now listening to Hack & Grow Rich with Shaahin Cheyene and his co-host Bart Baggett. We mustn't take ourselves too seriously. That's the problem with most people. Seriousness is a disease. Most people have a pole up there. You know what, and they're walking around with all these levels of seriousness and all this projection of themselves. And that's why I do stuff like that. I try to do some silly thing, make a prank, call a friend and make them laugh. Do something silly and unexpected every day because it breaks me out of that thing. It breaks you out of the traps of the ego of the belief that all this is is real that all this is all there is.

Great question! I think one of the best ones is trust but verify. I had another teacher of mine. This writer named Stuart Wilde, who became a mentor of mine for some time always said don't play your hunch. It'll have your lunch. I'm not sure if that was his quote but it made sense. He taught us a lot of the fundamental principles of money through playing blackjack. Believe it or not, he felt that life and business were very much like a casino and if you could learn how to master that type of interaction you'd be able to handle business. So we did a lot of work inside casinos where we went to casinos and learned how to gamble and play blackjack and I have a friend, who's still an instructor under he was understeer wild he learned how to play blackjack and poker and all those games.

Resilience. People are going to try to knock you down. People will put you down but it's how many times you get up when that failure happens and also there is an element to it of not giving an about what people think of you. You cannot care what other people think. Other people's opinions only matter if they coincide with your belief structure and your reality distortion field.

Uh, Walter Isaacson, who wrote the great uh autobiography, sorry not autobiography, the great biography of Steve Jobs talks about how Steve Jobs would walk into a room and he would say, all right guys, uh we're going to need and this was in the early 90s. We're going to need a phone and you're going to be able to touch the screen. Before this, all phones had buttons and there'll be no buttons on this phone and it'll do all these things. It'll have an iPod on it, it'll play music, it'll do all these things. It didn't exist and the engineers would say okay cool, Steve Jobs awesome. Okay, amazing. We could have this for you in the next three to five years. He'd be very cute. 30 days I'm going on stage to announce it. Make it work and he would leave and they would all be sitting there going oh my god what an and what just happened. We just agreed to do this and they would do it and he would make it happen.

The world is predatory. All you got to do is look at nature. Things don't work the way that we always want them to. So making money and I make a lot more now that I get to keep than I did back then because I was burning through hundreds of millions of dollars, is mainly because I don't publicize everything that I do. That I'm quieter about the things that I do and the real people the guys that are making the billions and billions of dollars don't always end up on the Forbes top 10 top 100 list.

The problem is a lot of the stuff has become highly marketed by a lot of the self-help gurus that are out now. So they want you to think that having a passion drive and mindset is what you need. No, that's not what you need. You need to do the work, you need to roll up your sleeves, and do the work. That's what you do. That's what works, what works is doing the work getting out there. And you know, if you're a real estate agent, knocking on doors, and you know, meeting people in your neighborhood, and building your network, and calling the banks and doing whatever those things are that agents and brokers do, but it's just doing the work. There's nothing more effective than doing that.

The best way to learn something is to teach it. So if you're more experienced at selling on Amazon, you're going to spend some time helping the guy that's just coming on to the course, if you're just coming onto the course, you're going to learn. And then once you've learned a little bit, you're going to help the other guys, but you start building a network.

What are some of the mistakes that people make? What's the biggest mistake that people make on amazon I think this goes kind of to what you and I talk about often. This is one of the biggest mistakes that people make in life also. I think it's just going into something with some knowledge thinking that you don't need to learn the fundamentals because it's like that adage you know the one of the students who goes to the master and he and the master's pouring tea and he goes oh master will you teach me and the master has the tea kettle and he pours the tea into his cup and the tea pours over and fills the table and he goes hey what are you doing um and he says I can't teach you and he says why can't you teach me he says because your cup's already full come back when your cup's empty.

You can own your store with inventory, but you own 100%, if you become a distributor for $5,000, to some Amway, or Herbalife, you have a bunch of stuff that you didn't have before in your garage. But you just don't know if that's going to sell if you it's your thing, it's at your bag, all of a sudden, your front-loaded these products, and I have found more people than not can't sell those things. You're not buying a business, you're buying permission to be a salesperson. So you're paying money to have a job. So tread lightly on those business opportunities. But when you're putting your own money in your brand, now you're a real business owner.

And the one thing that I learned Bart from all of this and I think this is going to answer your question is that the markets are not based on much more than one thing and that element is human emotion. The markets are moved by emotion and they are not reasonable or logical. If they were reasonable or logical we would all figure it out. We would be like Jim Simmons who runs renaissance funds, who's one of the most intelligent guys I've ever heard of, who's got a fund that allegedly you know has never failed and made money year after year and you know he's one of the masters of quant trading. If you're not one of those guys and there's maybe a handful of those guys on the planet.

There are two major themes that I picked up. There is the adaptability theme and I love this. This is so key for negotiation as well. Um, it's really important to plan and prepare and have everything done and build your fundamental skill set and all that kind of stuff. But if you're not adaptable, it's the way that the negotiation moves and shapes, then you'll lose out on a lot of value.

The only reason why those dudes are interesting is that they're defying death by being around these killing machines. Those animals are killers and the reason why it's interesting, why there is a purity to that interaction is because it's dangerous.

You have to be willing to go the road alone if you have to. The first thing I learned is that people are very quick to tell you that things are impossible and when I started herbal ecstasy back in the early 90s, I remember all I heard was that it was impossible but I had a flaw and that was I didn't listen to anybody and not only that I didn't know that it was impossible. Just because they're saying it's impossible, I didn't want it to be impossible.

But rather that they've known themselves they understand themselves that they understand their strengths and they understand their weaknesses and they've come to a place of reconciliation with who they are no. They know that purity rubs off on a person. Yeah, people like if you meet somebody like that you just can't help but want to help.