Ego loslassen: Warum Erfolg das erfordert

0:00More people's take poor because of their egos than get rich off them. Yeah. At the moment it seems like egos are being valorized on the internet especially among men's advice. Yeah. How is it that more people stay poor because of their egos and get rich off them if there's a bunch of examples of people with seemingly big egos that also have money? I think that's um what's the fallacy? Um Whatever that whatever the cognitive fallacy for what's in front of your eyes.

0:26Is it availability bias? Was it? >> people who are successful >> There you go. Um I think there are far more people who are successful and and significantly more successful than the people who are visible on content who and I would say many of those people aren't actually that successful. And so if we're looking at the objective measure of success as like net worth just for just for the sake of this conversation, there are far more people who are rich and anonymous than there are people who flaunt their Lamborghinis that they rented for a day.

0:51Now there I mean if you really think about the influencer world of business, there are not that many guys who actually like are really in the game. Like most of those guys sell something from their platform about building a platform. Like that's that's 90 not even 95 it's probably like 98 99% and so there's only like a very small select and and to be fair, those guys are all pretty humble.

1:17Like you look at the Gary's, you look at the the Andys, you look at the um Tom Bilyeu like these Ed Mylett like the you know like the guys who have become you know in the business space like they're not particularly egotistical guys and it's usually because they know what hard feels like. And they know what it's like to be inadequate over and over and over again because you only can be inadequate if you go to another level. If you feel amazing, it's because you haven't moved up. Does that mean that if somebody wants to be successful and they feel like they've still got an ego that they need to do some work on dissolving that? I think they just need to do harder things.

1:47Like you need to fight harder opponents. Because you're only you're only winning in this little pool. >> way you can maintain an ego is by believing that you're a big fish in a little pond or a big fish in whatever size pond you think it is. And if you're a big fish you're not in a big enough pond. >> It's totally delusion. It's hard to comprehend like Bezos, if you've heard any of his interviews, seems like a very humble guy. But like, you could have a hundred billionaires in a room and he is worth the same amount as them.

2:12And then if you had each one of those billionaires is a thousand millionaires, he's still worth the same the same amount as 1,100 whatever, 100,000 millionaires and then him. So like, there's just levels to it and I think the moment you get the ego is the moment you stop growing because you feel like you beat the level but you just keep repeating the level rather moving up because there is a harder boss and they just haven't faced it yet. I suppose it's an easy way, you know, if you were uh going to a karate class uh but you decided instead of going to the adult one to go to the one that's under 11's and you're going to kick the [ __ ] out of all of these

2:49>> Yeah, and you video it and you're like, look at me and it just happens to be that they're the same size as you and like just imagine they're like dumb on the inside but they're you know, adult size and you're kicking the [ __ ] out of them. It's like, yeah, do it to Jones, right? Like not going to happen. And so like I'm going to say this yeah. I was just I'm just trying to say this the way that I take this the way I mean it. I get comments from people who are like, love your humility, Alex. And like, I don't think I'm that humble of a guy being real, at least internally in my own head. But I am reminded daily of my inadequacy on the business game. Because like right now we've moved up a level in terms of like now we're now we're doing deals.

3:23Now we're investing in companies, we're taking on big risk, we're writing checks, like the another level of the game than just owning one not to say that owning one business and growing it is not hard. It absolutely is a different kind of hard. But like I'm getting into this game and I'm absolutely the small fish. Like, Warren Buffett made 90 billion dollars on the trade he made in Apple in 2020. One move, right? And so I'm like, I am entering into a like, how could I say that I'm good like even if I was exceptional it's still going to take 20 years to prove of So like I can't say anything. And by that point, I'll probably have other guys who are, you know, who are [ __ ] titans at that point to remind me of the fact that I'm not as good as them. So, in your estimation, is the presence of an ego something which artificially limits the size of the vision of how high you want to climb? Yeah, 100% because it's you cannot you can't both say that you are you cannot admit deficits and say you're awesome at the same time, in my opinion.

4:20Like, I can't say like I suck at all these things and then also be like, I'm the best like you can't do it. You either like you suck at all these things and it's I think it's the Dunning-Kruger effect, which is like the more you the more you learn about something the more you like the more you realize you don't know. And so, I think that if you have a tiny tiny subset of things that you are studying and a tiny subset of people you're comparing yourself to, then it it's really easy to feel awesome about yourself. But, if you compare yourself to I mean, I compare myself every day to Warren Buffett.

4:46And like he's my him and Munger are like my heroes. Mostly because of the way they lived life and what they like just everything about the way they lived is something that I just love. And like I have Buffett's net worth by age tracked and I have like mine tracked and I'm like, all right, just got to stay above that line. And then like he's got a bigger net worth at the moment. I am right now. But, like I had a you know, like his world was different. Yeah. Like I got Warren didn't have Warren to learn from.

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