Gentlemen’s Agreement 🤝🏻

I need a favor from you. Every week I spend several hours crafting this email to give you entirely for free. Banger, after banger. Except it’s not actually free.

I love doing this, but I also love seeing this grow (You might say I’m flawed. But you’re not my therapist). To keep this free it would mean the world to me, and my ego, if you shared this with just 1 person who you think would also like this.

They can subscribe using this link here 🙌🏻

Alright. Now the banger of the week…

If I Had $10 Million Dollars, What Would Change?

I am standing on a crowded bus scrolling through twitter on my way to work.

I see this tweet:

The collab of my internet titans: Nick Gray and the My First Million Podcast.

If you don’t know me well enough by now, I look up to the MFM podcast for inspiration and fun around business (not ideas) and Nick’s book inspired me to start hosting event which undoubtedly changed my life.

It passes as one of my favorite episodes. Biased? Perhaps. What made it stand out is the one gold nugget that Nick shared that I immediately took action on.

Ask yourself this question: If I had $10 million today, how would I live life differently?

Nick took this from Tony Robbins. What I like about it is that it helps you get really clear on what you want in life and how to you can realize you don’t need as much as you think to do these things.

I’m going to do part of that right now.

Question: How would you live life differently if you had $10MM in cash? Right now

Goal: Achieve clarity on how much, and what would you do?

Ask yourself these two questions:

1. How much money do you need to retire and live your best life?

2. What would you do differently now that you had all that money?

Get Specific. The more specific the better

Clarifications

1. Does the money renew?

   Assume no, but you can invest it like normal money.

2. Can I spend it all at once?

   Yes

Why 10 Million?

According to wealthy people I’ve learned from, it’s enough to secure financial independence for life. Which is essentially the goal here. To ensure that this money is enough to live the rest of my life and pay for my expenses without dipping into the principle.

My Answers:

I’m going to get naked in front of you and answer these questions. Without any regard for how that makes people feel. It could come off as pompous or spoiled. Don’t care. That’s the point. That’s how I create goals. Dream big, be specific.

Lifestyle:

• I will weigh ~180 lbs. Composed of muscle and maintain a good level of cardiovascular endurance.

• I will be training for a physical challenges that I can still do with T1D diabetes. Examples: Hyrox, 29029, hiking up tall mountains.

• I play soccer competitively 1x/wk, yoga 1x/wk

• Skiing during the winter, hiking during the summer months.

What does a day look like

• I will be living in a major city such as San Francisco or San Diego. In either two scenarios with my spouse or my own place in a nice part of town. Would ideally like to host people there but also love working with others to host at their spaces as well.

• Day to day I wake up around 5:30am-6am. I get my morning workout in. I’m start work by 8 or 8:30am. This work looks like working with others, building product that improves others’ lives, and planning a roadmap for how to continue to grow the business.

• In the afternoon I’m talking to people I work with on how we can get that done. Talking to customers.

• In bed by 10:30pm or 11pm

Who Do I spend time with:

• The most important people in my life will be:

  • Small team of coworkers and colleagues. If I run a business, i better enjoy working with them.

  • My spouse - the person I want to be with for the long term. She is comfortable with me doing business and traveling independently. But not expected to fully support us financially.

  • My parents:

    • My mom will visit me where I live 2x/year and I can see her 1x/year where she lives. I can work from where I see her if needed.

    • My dad will be still living in Ohio. He will be attending to his Japanese garden. He will come visit me 1x/yr in SF, I’ll see him in Ohio, or we’ll do a group trip together once per year.

  • My Siblings

    • Seeing my brother and sister and her children each at least 1x/yr.

    • Travel with my brother on the west coast and ski with him.

  • My friends and colleges

    • I will have a close network of peers where I can come to for guidance on business problems and struggles. We bounce Ideas off each other weekly in a group chat or in person every other week about goals, obstacles, losses and wins.

    • Close friends I come to to ask personal things like relationship advice, do trips with together, have a Friday night dinner with, hike with, camp with, ski with.

    • Colleagues exist in the tech, venture, and health space. All areas I find very interesting and am excited by.

    • Friends - inspirational and supportive to me

  • Meet successful and inspiring individuals that are ahead of me to learn from.

  • Mentor and support up and coming individuals that I believe in, just like how others did for me.

What’s Important to me

• Relationships: having peers and friends that are going after the same things as me. Building their own business whether that’s tech or an agency. I want to be around winners and be close with them.

• Live a lifestyle where I can get outside into the mountains at least 1x every other month. That means the coastline or the sierras. Or somewhere else - Washington, Portland, SLC, etc. I like mountains.

• Work from a Ski house with friends and colleagues. Where I can spend Jan-March working really hard but also skiing on the mountain in the morning.

• Host events where I can bring my favorite people together in one space.

• Be known well, not well known. I want to be a resource for others when they need advice or guidance on things related to health and fitness.

• Able to speak publicly lead others, share my thoughts, and opinions without the fear of backlash. I want to be my genuine self publicly. That will draw interest from others.

Creativity & Fun:

• DJ at venues or clubs where the speakers are very very loud. Once every quarter. Connecting with musical talent that inspires me. DJing is fun - I love doing it. Key - I am not the background music. People are there for the music.

• I create and share fun photo and video projects that inspire others to reach for more in their life. Nature, music, lifestyle and motivation. Show that the “traditional path” isn’t the only path. Despite what I believe as I was growing up.

• I want to host a mastermind 1x/yr to connect my most interesting friends and create value for my network. Be a valuable asset for them as well. Like an adult sports camp.

Nice Thing’s I’d like to have:

• Personal assistant - take care of time consuming day to day obstacles such as booking travel, managing appointments, pay personal bills, argue against dumb bills, insurance, health insurance.

• House servicing - like cleaners ad laundry

• Personal chef that prepares my meals for me aligned with my activity and health goals. Groceries handled as well.

• Monthly massages and PT to help address physical fitness deficits and prevent injury.

• My own cold plunge and sauna to have my friends come over for.

• Attend high end events such as masterminds and conferences that will connect me with like minded winners and teach me new skills.

• Go to live music events in cool areas: Europe, Burning man (once), Splash house, , South America, etc.

Travel:

• Visit places where I can hike, ski, and get off the grid. Or immerse myself into different cultures.

• Travel:

  • Hike: Eastern Sierras, Pacific Northwest, Colorado + Canadian Rockies, Asian mountains, Patagonia mountains, Canada

  • Leisure: Southeast Asia, Japan, Mediterranean cities, India, South America, Mexico

  • I like beaches, but I like mountains 10x

    more.

Work, Business:

Build a destination resort hotel where people come to take a healthy vacation. Here they can train with other high performers. You vacation for health and fun. There will be cold plunges, saunas, yoga classes, training facilities for functional fitness where you can train with others.

Work to build a business that will drive me to $50 Million dollars.

Ok, Now What?

This might be the most important part of this exercise:

• Write out your list of ways that you would live your life differently.

• Calculate how much each of them would actually cost.

• Be amazed at the relative affordability of living your best life.

I am going to do that next.

Conclusion:

I am unapologetically transparent here. I think too many people are ashamed of their goals, aspirations, or don’t take the time to actually think about how to get from A to Z. Instead they think about A and B and Z too much.

If you couldn’t tell, I posted things that already check off what I want. This helps me reflect and realize that I already have aspects of a rich life.

Perhaps this inspires you do to the same. You might also realize that you already have a rich life, just not yet in your bank account.

Reply here to let me know what you would do if you had $10 million and how you would live your life differently.

This exercise was really helpful for me to build the building blocks to work backwards from my goals.

You’re Awesome,

🖤🫶🏻Jared

One last thing….

I would like to give a huge shoutout to Nick Gray who has been a massive inspiration of mine. He has taken a lot of his own time to guide me on how to host incredible events. I have taken many of his tips, skills, and tricks into my social toolkit for creating new relationships and depending existing ones.

Here is Nick’s blog post that inspired me to do this exercise.

Thank you for helping me create a rich life.

I Dig So You Don’t Have To

1 Set: Hannah Laing at Creamfields

2 IDs: