Welcome to The Jeremy Hanson Podcast / Optimized Entrepreneur!
Optimized Entrepreneur / Jeremy Hanson
Optimized Entrepreneur / Jeremy Hanson
Optimized Entrepreneur with Jeremy Hanson is an entrepreneurship podcast for small business owners and service business owners who refuse to sacrifice marriage, family, health, or peace of mind just to grow a company. Your business should create an incredible life—not steal it. Hosted by Jeremy Hanson, a 30-year entrepreneur who built his life through service businesses, stayed married, and raised 13 awesome kids. This is real-world business advice from someone who has made payroll and still chose to be a husband and a father. Tuesdays are Unleashed Entrepreneur: small business strategy for service businesses—operations, systems, customers, leadership, and growth. Thursdays cover the side most business podcasts skip: marriage, parenting, work-life balance, anxiety, identity, and how to build a company that serves your life instead of controlling it. Learn how to grow a profitable small business, stay married while you scale, raise strong awesome kids, lead under pressure, manage entrepreneur anxiety, and create systems that give you freedom—not more stress. No hype. No influencer tactics. Just proven strategies for business owners who want ownership of their income and their life. New episodes every Tuesday and Thursday. Get the Built Different newsletter and more at optimized1.com and jeremyhanson.pro. entrepreneurship podcast, small business podcast, service business, business owner, leadership, marriage, parenting, work life balance, entrepreneur mindset, blue collar entrepreneurship
Aug. 11, 2026

The Jeremy Hanson Podcast "Sometimes the Expert Is Wrong: Why You Must Become a Student of Yourself"

The Jeremy Hanson Podcast "Sometimes the Expert Is Wrong: Why You Must Become a Student of Yourself"
The Jeremy Hanson Podcast "Sometimes the Expert Is Wrong: Why You Must Become a Student of Yourself"
Optimized Entrepreneur / Jeremy Hanson
The Jeremy Hanson Podcast "Sometimes the Expert Is Wrong: Why You Must Become a Student of Yourself"

Sometimes the expert is wrong. After twenty years in business, Jeremy Hanson explains how to know when your own experience outranks the credentials in the room.There is a moment that arrives in every long career, and nobody warns you about it. You spend your first years looking for people who know more than you do. You call the manufacturer. You hire the consultant. You defer to the accountant, the agency, the person with more letters behind their name. That is the right instinct when you are starting out, because in the beginning almost everyone does know more than you. But the habit gets installed early and never gets updated. Twenty years later you are still running the software you loaded when you knew nothing.Jeremy opens this episode standing on a fifteen-year-old deck in Missouri, watching a homeowner hold up a printed sheet from a stain manufacturer that contradicts everything two decades of experience is telling him. He already knew he was right. He still almost talked himself out of it.That moment opens onto one of the most useful distinctions an entrepreneur can learn: knowing a product is not the same as knowing the job. The person reading specifications in an office tested that product on clean, new, controlled conditions. You are standing on the abused, sun-baked, badly coated version, because nobody ever calls you about the easy one.Experience produces something credentials cannot: pattern recognition. When you walk onto a job and immediately know something is wrong, you are not making one observation. Your brain is comparing what you see against thousands of prior experiences and returning an answer faster than you can narrate it. There is no certificate for that.But trusting yourself carries an obligation. You have to study yourself. Experience alone does not make you better. You can do something wrong for twenty years. You can repeat the same mistake five hundred times and call it experience. What converts experience into judgment is reflection.The episode also reframes the relationship with outside experts. Someone can know more than you about their discipline and still know less than you about your situation. Your accountant sees numbers. You see the story behind them. Experts work from information. You work from context, and information without context is how good advice becomes a bad decision.You can outsource bookkeeping, marketing, legal work and a thousand other functions. A leader cannot outsource judgment.For anyone who has built something over ten, twenty or thirty years and still catches themselves waiting for permission from someone more credentialed: you earned your seat. Not because someone gave you a title. Because you paid for it.

A Fuzzy Life Entertainent Production

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Welcome to the Jeremy Hansen Podcast. Sometimes the expert is wrong,

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Why you must become a student of yourself.

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The deck was about fifteen.

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Years old, second story off the back of the house,

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you know, looking over the yard that sloped down toward

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the tree line southwest facing, which in Missouri means that

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deck had been taking a beating every afternoon for fifteen years.

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I'd already walked it, I already knew what it needed.

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And the homeowner was standing there in the doorway with

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a printed piece of paper.

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See, he had called the.

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Manufacturer, and I want to be fair here, That's not

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a crazy thing to do. He was trying to be

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a good customer. He was trying to do his own homework.

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And the manufacturer had told him something different than what

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I told him. Different product, different process, different everything. And

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he held up that paper and said the sentence I've

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heard some version of one hundred times in my career.

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Well, this is what the company says.

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And I remember standing there on that deck with the

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sun beating on me and going across the boards, and

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I could feel it happening, that little pull in the

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back of your mind, in your head, that voice, well,

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you know, they do make the product, and they have

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the chemists, and they have a lab, and they have

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a research department.

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And who am I.

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You know, I'm the guy with a pressure washer on

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a truck in a paint.

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Sprayer that I used for stain. I already knew that

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I was right.

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I'd stood on one hundred decks exactly like that one.

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I'd seen exactly what happens to that wood in that exposure,

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in this particular climate. I knew what this coding they

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recommended was going to do, how it was going to

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be sitting in the grain of the wood.

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I just I knew.

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And still I almost talked myself on of it because

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somebody that had a bigger building than mine had put

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it down a piece of paper.

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It was in writing okay that moment. It's pretty strange.

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And it happens when you've been in business long enough,

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and I don't think anybody warns you about it. See,

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there comes a day when you look at the expert

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and you realize that the expert and I'm doing quotations

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with my fingers, the expert is wrong. And then the

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hard part you have to decide what you're going to

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do about.

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That Welcome to the Jeremy Handsome.

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Bodcash the moment that nobody warns you about. You spend

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the first part of your career looking for people who

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know more than you do. And that's real, it's correct,

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that's exactly what you should be doing.

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You're looking for the experts.

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You call the manufacturer, you talk to the consultants, you

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ask your accountant, you hire a marketing company. You listen

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to the guy that's been certified in this or that.

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You find somebody with more letters behind their name, a

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bigger company, a bigger website, or a title that sounds

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like they should know what.

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They're talking about.

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And usually that works, at least for a while, and

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it will usually work beautifully.

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In the beginning.

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Almost everybody knows and does more than you. Okay, that's

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not an insult, that's just the real math of starting out.

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Just you haven't done it yet, So you go.

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Find the people who have, and you absorb everything that

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you can, and then you build your own experience on.

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Top of it.

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Well, that habit gets installed in your mind, it gets

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installed in everything that you do. It becomes your natural reflex,

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and nobody ever comes along and says, hey, you know

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that reflex that you've been building up. You know that thing,

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You know that thing that goes into your mind and

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you think about it. Nobody tells you, well, it's time

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to update it. So five years goes by, ten years

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goes by, twenty years go by, and you're still hooked

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up to the same software in your mind that you

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installed when you didn't know anything. Somebody with some title

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says something, and your experience grabs a hold of that

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and says, there's something wrong here, something is different, And

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then you start questioning yourself. I've done it, and I've

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done it more than once, but eventually something changes. Maybe

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you're breaking the glass ceiling in your mind. So you've

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been through enough problems, if you've made enough mistakes, you've

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dealt with enough customers, you've watched enough things work that

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weren't supposed to work, and then you've watched enough thing

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fail that other experts swore would work. And one day

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you're sitting in a meeting, or you're standing on a

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job site, or you're reading an email, and this thought

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arrives that makes you feel weird. It's like, oh, this

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is inappropriate information. Well hang on a second, wait a minute,

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and the light bulb goes off and it says, well,

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maybe maybe I.

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Am the expert.

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And most people pushed that thought right back down. It

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comes up, Bam, it goes right back down because we're

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taught to not feel arrogant, and that feels very arrogant.

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Feels you know, presumptuous. It feels like something that you're

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not allowed to actually think about yourself, but you owe

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something in return, okay, because you don't get to declare

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your self an expert and start ignoring everybody.

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You See, there is a price to be able to

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say that, to.

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Be able to do that, to be able to think

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that without thinking that it's not a positive thing in

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your head. And we're going to get to that. But

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let's talk about me for a second. Let's talk about

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the way that I learned this. See, before everything that

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I'm doing today, before the studio, before the network, before

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any of this, I spent more than twenty five years

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in pressure washing and exterior cleaning and staining in multiple businesses.

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And see, when you do.

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Something that long, you start seeing things that other people

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just don't see.

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See.

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I've dealt with a lot of other pressure washing companies.

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I've dealt directly with the top branches of stained companies.

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I've talked with the manufacturers, and I've talked with the suppliers,

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and I've been all over the.

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United States for both.

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I've listened to people who absolutely knew their products, and

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I'm telling you, a lot of them were really, really sharp.

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A lot of them were genuinely helpful for me, and

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a lot of those relationships taught me things that I

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still use to this day in and out of that business.

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But there were times when one of those people would

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recommend something to a customer and it just didn't sit

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right with me. There was something off or something wrong

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about it.

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You know.

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It could have been the process that was suggested. Okay,

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I did a floor in a great, big building where

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a guy wanted it to look glistening white, almost like

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an Air Force hangar, and the way they said to

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do it, I was like, this just isn't going to

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work right. And then there was times that, you know what,

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maybe it was a product. I've went to a house

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before and the people that installed the deck said, oh,

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you must use this, and it bothered me.

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I'm like, no, no, no, no, no, I'm not going

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to use this. And this is why.

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Maybe it was how they thought that a particular surface

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should be handled. Maybe it was a timeline that was

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never going to hold in this climate that I knew,

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and I'd think, well, I wouldn't do that, But then

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that little voice would creep in my head. You know,

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they are the stained company. You know, they're the alpha

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of this They're the manufactured of this product. You see,

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they're supposed to be the experts, So maybe they know

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something that I just don't know. Have I went through

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and cross the t's and dotted the eyes?

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Have I actually figured this out?

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So when you let that stuff come in, that's a

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very very dangerous place to get into. It took me

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years and experience and blood, sweat, tears and money.

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To work out why.

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You see, knowing a product isn't the same thing as

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knowing the job. You see, and I don't care what

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trades you're in, every single trade has its own version

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of what I just said. Knowing the software isn't the

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same as knowing the workflow. Knowing the tax code isn't

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the same as knowing the business. You see, Knowing the

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platform isn't the same as knowing the audience, And it

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keeps going. Knowing the equipment isn't the same as knowing

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the crew that runs it. You see, same words, completely

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different job. The person sitting in an office looking at

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specifications hasn't necessarily stood on one hundred or one thousand

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or ten thousand decks. Now, they've tested that product under

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controlled conditions and clean substrates, correct temperatures, correct humidity, correct application,

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new wood, well, probably not new wood, but you know

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what I'm saying. But they haven't necessarily watched what happens

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to wood through Missouri summers and freezing and thawing winners,

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and the humidity that's constantly enveloping this stuff, and the

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rain and the neglect and old codings and somebody else's

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bad work. They don't know any of this stuff. And

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the truth is that's the deck that I'm standing on,

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And put this into your mind frame of whatever else

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that you're doing. You see, nobody ever calls me about

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the clean, new, perfectly maintained deck. That's a unicorn. You

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see what they do is they call me about the disaster.

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They might know exactly how their product is supposed to perform,

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but I knew how these things performed in the real world,

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and that's a different kind of knowledge. Now, neither one

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of those is fake, and neither one of those is worthless.

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But they are different things, they are not the same.

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And for years I treated one as just automatically outranking

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the other. And then came a point when I stopped

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automatically assuming that somebody else knew better simply because they

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were concers considered the expert. You know, I started listening

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to them, But I also started listening to myself. And

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when I finally stopped constantly second guessing what years of

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my experience had taught me, it paid enormous dividends, better outcomes,

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fewer callbacks, a lot happier customers, less rework, and honestly,

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this is the truth, a lot less anxiety. Okay, there's

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some stress that comes from doing a job you don't

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believe in because you did it a way that somebody

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else told you to. I have literally had huge, huge

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CEOs call me about a product because I called their

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lab and said, this isn't working right, what's going on.

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I've been using this stuff for years and this changed

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and they called me to find out. Now you have

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to ask yourself. Okay, well, then who is the real expert.

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It gives you a little bit of self confidence, but

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you must stay humble, you must listen to the other thing.

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Did I miss something?

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But at some point you become the expert because remember

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you're standing on that deck. You see, there's knowledge and

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then there's pattern recognition. Now, I think under underestimation of

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this is like everywhere when it comes to being an entrepreneur.

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You see, experience isn't just accumulation of information. You see,

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experience also develops pattern recognition. So you've seen this movie before,

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maybe the characters are different, maybe the circumstances changed a

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little bit, maybe there's a new product involved. Something in

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your head, something in your soul, recognizes its pattern. That's

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why sometimes you can walk onto a job and almost

218
00:15:09.960 --> 00:15:15.279
immediately know something isn't right. You know, someone with less

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experience might ask, you, know, how could you possibly know

220
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that already? Because you're not making one observation. Your brain

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is comparing what you're seeing against hundreds or maybe thousands

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of previous experiences. See, it's running a comparison in the

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background faster than you can even talk about what it's saying.

224
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Till you've been there, you've seen what happens next. You

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might not even consciously know exactly what you're recognizing in

226
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the moment, because remember, it's processing. Your brain is like

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a data processor, and it's remembering all those experiences. It's

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hard to describe. So the best way I can put

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it is, you just know now. I've had customers ask

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me how I knew a deck had been coded before

231
00:16:06.720 --> 00:16:10.960
when there wasn't any coding left on it. I couldn't

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have told you at the time something about it, and

233
00:16:13.360 --> 00:16:16.000
how the water sat in different areas in that spot,

234
00:16:17.320 --> 00:16:22.840
you know, where you could see the boards changed or warped,

235
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or you could just tell that there was something there

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because I had seen it a thousand times before. Something

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at aged just differently than the section beside it. You see,

238
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I wasn't doing chemistry. I wasn't doing algebra in my head.

239
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I was doing memory.

240
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You see.

241
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People like to call that intuition, and maybe sometimes it is.

242
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But sometimes what.

243
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We're calling intuition is really experienced speaking faster than we

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can consciously process it. And that, ladies and gentlemen, that's expertise.

245
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And it's incredibly difficult to put on a resume. You see,

246
00:17:04.440 --> 00:17:09.519
there isn't a certificate for expertise. Nobody hands you a

247
00:17:09.559 --> 00:17:15.119
diploma for surviving twenty five years of customer problems. There's

248
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no degree for making payroll when things get tight. There's

249
00:17:20.480 --> 00:17:23.480
no plaque for hundreds of estimates that you screwed up

250
00:17:23.519 --> 00:17:29.039
before you learn how to price correctly. There's no certification

251
00:17:29.160 --> 00:17:34.720
for recognizing a legitimately bad customer before that bad customer

252
00:17:34.759 --> 00:17:41.160
turns into a nightmare. That skill alone is worth a fortune.

253
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The ability to sit across from somebody, listen to how

254
00:17:45.839 --> 00:17:50.200
they described their last contractors and know exactly how this

255
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is going to end before you even sign the dotted line.

256
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You see, nobody.

257
00:17:56.200 --> 00:18:00.880
Taught me that I paid for that education in one

258
00:18:00.960 --> 00:18:05.400
mistake or one bad customer at a time. But those

259
00:18:05.759 --> 00:18:12.880
experiences have value, enormous, enormous value. The problem is that

260
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value is invisible.

261
00:18:15.519 --> 00:18:15.839
You see.

262
00:18:15.880 --> 00:18:18.839
It doesn't show up on a wall, it doesn't show

263
00:18:18.920 --> 00:18:21.559
up in the reports, it doesn't show up in a bio.

264
00:18:22.960 --> 00:18:25.599
So when you walk into a room with somebody who's

265
00:18:26.119 --> 00:18:30.799
credentials are visible and yours aren't, the room just assumes

266
00:18:30.839 --> 00:18:35.119
that theres are worth more, And if you're not careful,

267
00:18:36.680 --> 00:18:41.960
you'll trick yourself to assume it too. Now here's a

268
00:18:42.039 --> 00:18:45.799
number that got my attention. Three and a half hours.

269
00:18:46.680 --> 00:18:53.000
That's what the average story Blocks member saves every single week. Okay,

270
00:18:53.200 --> 00:18:57.480
I believe it because I've lived the other version, hunting

271
00:18:57.519 --> 00:19:01.319
down one clip, buying it a La car, and finding

272
00:19:01.319 --> 00:19:05.160
out it's the wrong one the second that it goes

273
00:19:05.200 --> 00:19:06.079
into the timeline.

274
00:19:06.920 --> 00:19:09.799
Okay. Story Blocks is a one.

275
00:19:09.720 --> 00:19:15.160
Hundred percent human made stock media library. Every asset made

276
00:19:15.240 --> 00:19:20.000
by a professional filmmaker or artist, relicnsed and ready for

277
00:19:20.200 --> 00:19:26.240
monetized content. The subscription comes with unlimited downloads. So guess

278
00:19:26.319 --> 00:19:29.680
what I experiment. I pose six of them, and I

279
00:19:29.799 --> 00:19:34.920
keep maybe one thousands of customizable templates for the platforms

280
00:19:35.039 --> 00:19:38.559
we already edit in in the story Blocks plugin lets

281
00:19:38.599 --> 00:19:41.599
me search and download without ever.

282
00:19:41.559 --> 00:19:42.880
Leaving Premiere Pro.

283
00:19:44.000 --> 00:19:49.039
Head to storyblocks dot com, slash Hanson hn Son to

284
00:19:49.240 --> 00:19:54.160
access the human made stock media library that's essential to

285
00:19:54.240 --> 00:19:57.160
how I do things. For a limited time, they're offering

286
00:19:57.240 --> 00:20:01.119
fifteen percent off any annual plan, and that discount is

287
00:20:01.240 --> 00:20:06.200
only available through my link. Okay, again, that storyblocks dot

288
00:20:06.200 --> 00:20:11.640
com slash Hanson for fifteen percent off annual plans. It

289
00:20:11.759 --> 00:20:14.160
is amazing, It is awesome. I wish I would have

290
00:20:14.200 --> 00:20:18.839
had this ten years ago. That storyblocks dot com slash Hansen.

291
00:20:23.279 --> 00:20:29.039
Now you have to become a student of yourself.

292
00:20:31.160 --> 00:20:32.680
Okay, this little.

293
00:20:32.480 --> 00:20:36.160
Conversation that we're having right now about trusting yourself can

294
00:20:36.240 --> 00:20:40.880
go completely wrong right here. I'm not telling you to

295
00:20:41.039 --> 00:20:45.279
blindly just trust your gut about everything. I'm not telling

296
00:20:45.319 --> 00:20:48.160
you that because you've been in business for twenty years,

297
00:20:48.240 --> 00:20:52.920
right everything you think is automatically correct, that form of

298
00:20:52.960 --> 00:20:59.880
it is arrogance. I've watched arrogance destroy people who did

299
00:21:00.119 --> 00:21:02.279
know what they were doing. Okay, so you got to

300
00:21:02.319 --> 00:21:05.359
be careful with that. If you're going to trust yourself,

301
00:21:05.480 --> 00:21:09.640
you have a responsibility to be a student of yourself.

302
00:21:10.119 --> 00:21:13.000
That's the trade, and that's the whole thing. That's the

303
00:21:13.039 --> 00:21:17.880
whole deal. You want the authority that comes with experience,

304
00:21:18.480 --> 00:21:21.720
then you have to do the work that makes that

305
00:21:22.000 --> 00:21:28.480
experience trustworthy. I don't care what business you're in, pressure washing, construction,

306
00:21:29.200 --> 00:21:35.400
real estate, podcasting, manufacturing, restaurants, insurance, technology, consulting, a landscaping company,

307
00:21:35.440 --> 00:21:40.440
a law firm, one hundred million dollar corporation, It does

308
00:21:40.759 --> 00:21:45.400
not matter. You have to become a student of yourself.

309
00:21:47.279 --> 00:21:52.759
You see, because experience alone doesn't make you better. You

310
00:21:52.799 --> 00:21:55.599
can do something wrong for twenty years. There's people that

311
00:21:55.640 --> 00:21:59.559
have done it. You can repeat the same mistake five

312
00:21:59.680 --> 00:22:05.799
hundred times and tell somebody a lot's experience. I've met

313
00:22:05.839 --> 00:22:09.440
people with thirty years in an industry who learned something

314
00:22:09.480 --> 00:22:15.119
about two years worth of lessons and then just ran

315
00:22:15.240 --> 00:22:22.000
that same way for twenty eight years. Okay, they weren't studying,

316
00:22:22.680 --> 00:22:26.839
they were just simply repeating. They found something that seemed

317
00:22:26.839 --> 00:22:29.319
to work, so they did that the first couple of years,

318
00:22:29.319 --> 00:22:31.559
and then went thirty years doing the exact same thing,

319
00:22:32.279 --> 00:22:36.279
never opening their eyes to is there something better? Is

320
00:22:36.480 --> 00:22:40.039
there a more efficient way of doing this? You see,

321
00:22:40.079 --> 00:22:44.680
what makes experience valuable is paying attention to what that

322
00:22:44.880 --> 00:22:49.920
experience is actually trying to teach you experience, I want

323
00:22:49.960 --> 00:22:52.480
you to look at it this way. Experience is like

324
00:22:52.519 --> 00:23:00.359
the raw material, Okay, reflection is what turns that into judge.

325
00:23:01.960 --> 00:23:04.680
And a lot of times that whole second part. Yeah

326
00:23:04.720 --> 00:23:07.319
you got the experience, Yeah you got the raw material.

327
00:23:07.599 --> 00:23:11.799
But reflection or being a student of yourself that you

328
00:23:12.039 --> 00:23:16.519
learn and makes you have good judgment. Most people skip

329
00:23:16.599 --> 00:23:20.480
that second part. Now, I want you to look at

330
00:23:20.480 --> 00:23:23.319
your business like at the classroom.

331
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Okay.

332
00:23:24.200 --> 00:23:27.400
When I was in pressure washing and staining, I wasn't

333
00:23:27.480 --> 00:23:33.519
just doing jobs. Okay, I was learning every single day.

334
00:23:34.200 --> 00:23:37.680
Not formally, I wasn't sitting down with a notebook every night,

335
00:23:38.519 --> 00:23:44.279
but I was paying attention what worked, what didn't, What

336
00:23:44.440 --> 00:23:49.079
happened when the temperature changed, what happened when the humidity changed.

337
00:23:49.880 --> 00:23:53.039
Why did this stain form beautifully on this deck and

338
00:23:53.200 --> 00:23:57.440
differently on a different one. Why did one customer become

339
00:23:57.480 --> 00:24:01.799
a customer for life and then another one didn't. Why

340
00:24:01.839 --> 00:24:06.119
did one estimate close immediately while another when went nowhere

341
00:24:06.160 --> 00:24:11.480
and I spent wasted time. Why did a certain marketing

342
00:24:11.519 --> 00:24:14.680
idea bring the phone calls in while something everybody said

343
00:24:14.680 --> 00:24:16.799
would work didn't produce a thing?

344
00:24:18.640 --> 00:24:20.119
See why? I wanted to know?

345
00:24:20.160 --> 00:24:23.160
Why did my gut tell me to take a particular job?

346
00:24:23.640 --> 00:24:28.279
And six weeks later I realized exactly what I had noticed.

347
00:24:29.319 --> 00:24:33.359
You see, that is what I'm talking about. That's studying yourself.

348
00:24:34.920 --> 00:24:37.000
When I had this interaction with somebody, why did they

349
00:24:37.039 --> 00:24:37.640
act like that?

350
00:24:37.920 --> 00:24:38.960
Okay? Can you take.

351
00:24:38.839 --> 00:24:43.640
Yourself out of yourself and look at yourself? And it

352
00:24:43.680 --> 00:24:48.559
goes way way beyond just technical knowledge. I'm going to

353
00:24:48.640 --> 00:24:52.920
say this the technical part is actually the easiest part. Okay,

354
00:24:53.640 --> 00:24:58.839
study the decisions that you make, Study the mistakes that

355
00:24:58.920 --> 00:25:03.440
you make. Study the customers that you attract to kind,

356
00:25:03.480 --> 00:25:09.920
the type and why. Usually that's pretty uncomfortable. Your customer

357
00:25:10.400 --> 00:25:14.240
base is just a mirror. If you keep attracting a

358
00:25:14.279 --> 00:25:20.880
certain type of client, something you're doing is attracting them.

359
00:25:21.079 --> 00:25:22.079
Then do this.

360
00:25:22.119 --> 00:25:26.240
Study the people that you hire, Study how you react

361
00:25:26.359 --> 00:25:31.359
when you're under pressure. Study the opportunities that you said

362
00:25:31.480 --> 00:25:35.880
yes to that you probably should have declined, and maybe

363
00:25:35.920 --> 00:25:39.960
more importantly, study the opportunities that you walked away from

364
00:25:40.000 --> 00:25:44.240
that you probably should have taken. Now, those ones are

365
00:25:44.240 --> 00:25:47.000
a little bit harder to see because nothing happened and

366
00:25:47.279 --> 00:25:50.680
there was no crash. There's no wreckage sitting there. There's

367
00:25:50.759 --> 00:25:56.279
no lesson sitting in your inbox. There's just absence, which

368
00:25:56.319 --> 00:26:05.400
can be powerful. Start recognizing your own patterns. Okay, ask yourself,

369
00:26:05.839 --> 00:26:09.680
when have I been right? Okay, not so you can

370
00:26:09.960 --> 00:26:13.319
reach behind your back and start slapping yourself. You don't

371
00:26:13.359 --> 00:26:18.079
need to congratulate yourself, but so you could understand why

372
00:26:18.119 --> 00:26:22.480
you were right and right in that moment with context.

373
00:26:23.880 --> 00:26:24.400
Here's the thing.

374
00:26:24.440 --> 00:26:27.440
If you don't know Why then, how can you ever

375
00:26:27.559 --> 00:26:32.640
create a system to repeat it? You can say, oh,

376
00:26:32.720 --> 00:26:36.160
I just got lucky and call it instinct, But then

377
00:26:36.720 --> 00:26:40.759
I think you need to ask the harder question, when

378
00:26:40.799 --> 00:26:41.599
have I been wrong?

379
00:26:43.359 --> 00:26:47.200
And when I was wrong? Why was I wrong? Was

380
00:26:47.240 --> 00:26:49.640
I missing information? You know?

381
00:26:50.079 --> 00:26:52.440
Did something go off the deep end and I was

382
00:26:52.759 --> 00:26:56.519
emotional in that moment? Was I scared?

383
00:26:57.559 --> 00:26:59.599
Was my ego involved?

384
00:27:01.039 --> 00:27:03.440
Was I trying to prove something to somebody that really

385
00:27:03.440 --> 00:27:08.400
didn't matter. Was I just too excited about this incredible opportunity?

386
00:27:09.319 --> 00:27:14.960
Was I ignoring obvious warning signs? Or did I ignore

387
00:27:15.039 --> 00:27:20.160
something I already knew because somebody else's opinion sounded more

388
00:27:20.200 --> 00:27:25.599
impressive than mine. You see, becoming a student of yourself

389
00:27:25.680 --> 00:27:30.160
is how judgment gets built. Okay, it doesn't come from

390
00:27:30.200 --> 00:27:39.279
being right, It comes from understanding why.

391
00:27:40.079 --> 00:27:43.039
See, your own life is giving you data.

392
00:27:44.000 --> 00:27:48.160
Every business owner is sitting on an enormous amount of

393
00:27:48.240 --> 00:27:52.839
data that they're probably not measuring. Okay, I'm not talking

394
00:27:52.839 --> 00:27:57.799
about spreadsheets, I'm not talking about dashboards or KPIs.

395
00:27:57.319 --> 00:27:57.839
Or any of that.

396
00:27:58.960 --> 00:28:04.200
I'm talking about your own history. Every decision that you've

397
00:28:04.279 --> 00:28:06.880
made produced a result. To go to bed, that's the

398
00:28:07.000 --> 00:28:12.440
data every customer interaction should have taught you something, because

399
00:28:13.079 --> 00:28:19.079
that's the data. Every employee who became incredible and every

400
00:28:19.119 --> 00:28:26.000
employee you wish that you never hired again. Data every

401
00:28:26.200 --> 00:28:31.680
product that worked, every marketing campaign that failed, every partnership

402
00:28:31.720 --> 00:28:35.119
that flourished, every deal that blew up in your face,

403
00:28:35.920 --> 00:28:38.720
every time you listen to your own instincts I'm right,

404
00:28:39.960 --> 00:28:43.200
and every time you ignored your instincts and regretted it.

405
00:28:43.880 --> 00:28:48.559
Every part of that all is data. And I would

406
00:28:48.599 --> 00:28:51.960
say it's better data than anything that you can buy

407
00:28:52.559 --> 00:28:55.720
because it's not just a general trend. It's not an

408
00:28:55.799 --> 00:29:02.079
industry average. It's specific and it's specifically about you. It's

409
00:29:02.079 --> 00:29:06.440
about your market and your customers and your capabilities. But

410
00:29:06.640 --> 00:29:10.359
most people never ever analyze it. They just move on.

411
00:29:11.680 --> 00:29:14.079
You know, something will happen and they deal with it.

412
00:29:14.119 --> 00:29:20.319
The next problem comes up, something succeeds, great, next project, Okay,

413
00:29:20.400 --> 00:29:22.200
something fails, that sucked.

414
00:29:22.400 --> 00:29:23.359
We'll just keep moving.

415
00:29:24.640 --> 00:29:29.759
And then twenty years later they've accumulated an incredible education

416
00:29:30.240 --> 00:29:35.599
without ever stopping long enough to actually study what they learn,

417
00:29:37.079 --> 00:29:43.240
and that's some expensive data. Then they'll spend ten thousand

418
00:29:43.319 --> 00:29:47.559
dollars hiring somebody from the outside to tell them something

419
00:29:47.640 --> 00:29:54.160
their own experience has been screaming at them for years,

420
00:29:54.279 --> 00:29:56.200
and they'll spend the ten grand and they'll feel great

421
00:29:56.240 --> 00:29:59.839
about it because it came from the outside, because somebody

422
00:30:00.240 --> 00:30:04.319
presented in a slide deck, because it costs money, so

423
00:30:04.680 --> 00:30:10.200
it must be worth something. Right now, I'm not looking

424
00:30:10.240 --> 00:30:13.319
down at somebody I've done that. I'm not describing somebody

425
00:30:13.359 --> 00:30:21.400
else here. There is tremendous value in outside expertise. That

426
00:30:21.640 --> 00:30:24.559
that's why people call me, That's why I sit down

427
00:30:24.559 --> 00:30:29.799
and go through things like exactly like this with them.

428
00:30:29.880 --> 00:30:35.759
But there's also tremendous value in understanding the evidence that

429
00:30:35.880 --> 00:30:40.559
you've accumulated yourself. And the great part about that one is.

430
00:30:40.559 --> 00:30:48.480
It is free. Now here's the thing. The expert can

431
00:30:48.559 --> 00:30:50.839
know more than you and still be wrong.

432
00:30:54.160 --> 00:30:57.160
You know, I know of this episode of the Jeremy

433
00:30:57.160 --> 00:31:02.559
Hansen podcast could be mishurt. So I'm not telling you

434
00:31:02.599 --> 00:31:05.480
to stop listening to experts, because that would just be

435
00:31:05.799 --> 00:31:11.759
totally ridiculous. Okay, I hire people because they know things

436
00:31:11.839 --> 00:31:15.960
that I don't, and you should do. If I'm dealing

437
00:31:16.000 --> 00:31:18.680
with an attorney, that attorney knows more about the law

438
00:31:18.759 --> 00:31:19.279
than I do.

439
00:31:20.359 --> 00:31:21.559
Okay, my accountant.

440
00:31:22.839 --> 00:31:26.839
They know more things about accounting and tax strategy than

441
00:31:26.880 --> 00:31:31.319
I do. A marketing specialist may understand a platform or

442
00:31:31.400 --> 00:31:36.160
advertising system better than I ever will, and that's why

443
00:31:36.720 --> 00:31:40.839
we hire them. That's the entire point of hiring them.

444
00:31:42.279 --> 00:31:46.279
The distinction took me way too long to work out.

445
00:31:47.400 --> 00:31:50.200
You see, someone can know more than you about their

446
00:31:50.240 --> 00:31:56.720
discipline and still know less than you about your situation. Now,

447
00:31:56.759 --> 00:32:02.599
those are not contradictory statements. The stain manufacturer may know

448
00:32:02.799 --> 00:32:07.599
more about the chemistry of that stain than I ever will,

449
00:32:07.720 --> 00:32:11.200
but I will no more than them about applying it

450
00:32:11.319 --> 00:32:14.400
to a fifteen year old deck that's been abused and

451
00:32:14.680 --> 00:32:18.960
pressure washed, incorrectly covered with two previous codings that they

452
00:32:19.000 --> 00:32:21.440
have no idea about that there might be a chemical reaction,

453
00:32:21.880 --> 00:32:26.319
and then baked in the sun for a decade.

454
00:32:27.079 --> 00:32:28.599
You see, we both have expertise.

455
00:32:29.839 --> 00:32:36.079
The question is which expertise matters most for this particular decision.

456
00:32:37.319 --> 00:32:40.759
You see, that's a much much better question than well,

457
00:32:40.799 --> 00:32:45.880
who has the bigger title, And it changes the entire

458
00:32:45.960 --> 00:32:52.400
conversation because now you're not competing. We're not having swing

459
00:32:52.440 --> 00:32:54.200
and title fights here. If you know what I'm saying,

460
00:32:55.599 --> 00:32:57.960
you're not trying to prove that you're smarter than the

461
00:32:58.000 --> 00:33:01.559
person that you just hired. You're just trying to figure

462
00:33:01.559 --> 00:33:07.480
out which body of knowledge is actually the best decision

463
00:33:08.480 --> 00:33:09.000
sitting in.

464
00:33:08.920 --> 00:33:09.440
Front of you.

465
00:33:11.119 --> 00:33:15.279
Now, being honest, sometimes it's theirs, Sometimes it's yours. Usually

466
00:33:15.839 --> 00:33:24.799
it's both, but in different proportions. Now, usually experts work

467
00:33:25.000 --> 00:33:30.759
from information, and in that position, you work from context. Okay,

468
00:33:30.759 --> 00:33:34.160
I want you to think about your own business. Your

469
00:33:34.200 --> 00:33:41.160
accountant sees numbers, You see the story behind those numbers. Okay,

470
00:33:41.319 --> 00:33:46.559
Your marketing agency sees conversion rates. You know what your

471
00:33:46.599 --> 00:33:51.759
customer actually says when they call you. Your attorney will

472
00:33:51.920 --> 00:33:59.920
look at a contract. Well, you understand the relationship your consultancy,

473
00:34:00.279 --> 00:34:05.960
the organization. You've watched the people inside that organization for years.

474
00:34:07.640 --> 00:34:12.400
An investor sees an opportunity, you know what it took

475
00:34:12.840 --> 00:34:17.719
to create that opportunity. Now, every one of those people

476
00:34:17.880 --> 00:34:22.199
is looking at a slice of information. You're looking at

477
00:34:22.239 --> 00:34:26.599
the whole thing. Now, that doesn't make their slice unimportant.

478
00:34:27.039 --> 00:34:31.679
Their slice might be the exact thing that matters. But

479
00:34:31.840 --> 00:34:39.239
they're working from information and you're working from context. Now,

480
00:34:39.480 --> 00:34:46.800
information without context is how good advice becomes a bad decision. Again,

481
00:34:47.119 --> 00:34:51.039
that doesn't make their advice worthless. It makes their advice

482
00:34:51.280 --> 00:34:58.559
one piece of the decision. I think this can be

483
00:34:58.599 --> 00:35:03.519
one of the biggest transition that an entrepreneur has to make. Okay,

484
00:35:03.639 --> 00:35:07.480
early on, you're asking, well, what should I do? And

485
00:35:07.519 --> 00:35:11.480
eventually the question needs to become what do you know

486
00:35:11.639 --> 00:35:15.360
that I need to consider before I decide what to do?

487
00:35:17.079 --> 00:35:19.679
Now that sounds similar, it's not.

488
00:35:19.880 --> 00:35:21.000
It's not even close.

489
00:35:21.159 --> 00:35:26.440
One outsources the decision, the other just gathers intelligence. And

490
00:35:26.559 --> 00:35:31.199
the difference between those two sentences is probably the difference

491
00:35:31.239 --> 00:35:38.559
between a owner and just an operator. Now, I think

492
00:35:38.760 --> 00:35:46.960
this is very, very important. Do not outsource your judgment. Now,

493
00:35:46.960 --> 00:35:49.679
there are decisions that I've made in my life where

494
00:35:49.719 --> 00:35:52.639
people smarter than me told me not to do it.

495
00:35:52.840 --> 00:35:57.159
Many of them I've built. I've built businesses on top

496
00:35:57.320 --> 00:35:58.480
of not doing that.

497
00:36:00.679 --> 00:36:02.719
Now, excuse me. Sometimes they were right.

498
00:36:03.239 --> 00:36:05.400
And I have screwed things up, and I have made

499
00:36:05.440 --> 00:36:09.159
bad calls. I've trusted my gut and discovered my gut

500
00:36:09.760 --> 00:36:11.800
didn't know what the hell it was talking about it.

501
00:36:13.599 --> 00:36:17.639
But you see, that's part of entrepreneurship too. Anybody who

502
00:36:17.679 --> 00:36:21.320
tells you their instincts have never failed them is either

503
00:36:21.400 --> 00:36:24.679
lying to you or hasn't taken enough swings to be

504
00:36:24.719 --> 00:36:28.920
able to say that. But on the other side, I've

505
00:36:28.920 --> 00:36:32.079
had situations where almost everything inside of me was saying

506
00:36:32.639 --> 00:36:36.280
this isn't right, and I ignored it because somebody with

507
00:36:36.360 --> 00:36:37.440
authority told me.

508
00:36:38.960 --> 00:36:39.760
Don't listen to it.

509
00:36:40.920 --> 00:36:43.800
And those are the ones that really bother you, not

510
00:36:43.920 --> 00:36:50.639
the honest mistakes. I can live with honest mistakes, okay, because.

511
00:36:50.400 --> 00:36:52.480
Afterwards you don't just think, well, they were wrong.

512
00:36:53.840 --> 00:36:58.559
You think I knew I knew something didn't make sense,

513
00:37:00.039 --> 00:37:02.719
knew that the customer was going to respond that way.

514
00:37:03.800 --> 00:37:06.119
I knew that this product wasn't going to work right.

515
00:37:06.880 --> 00:37:09.920
I knew that these numbers just didn't add up. I

516
00:37:10.039 --> 00:37:15.000
knew the deal just felt wrong. And I talked myself

517
00:37:15.079 --> 00:37:18.679
out of what years of experience were telling me because

518
00:37:18.679 --> 00:37:25.559
I assumed someone else's expertise automatically outranked mind. Okay, that's

519
00:37:25.639 --> 00:37:29.679
not a mistake in judgment. That's a failure to use

520
00:37:29.719 --> 00:37:34.760
your judgment at all. At some point, this is a

521
00:37:34.880 --> 00:37:38.599
learning show. At some point you have to stop doing that.

522
00:37:39.360 --> 00:37:40.000
So you can.

523
00:37:39.880 --> 00:37:45.760
Outsource bookkeeping and marketing and legal work. You can outsource production,

524
00:37:47.000 --> 00:37:50.239
you can outsource a thousand different functions.

525
00:37:50.960 --> 00:37:52.320
Okay, I outsourced plenty.

526
00:37:53.039 --> 00:37:55.480
I'm not sitting here pretending that I do everything myself,

527
00:37:55.519 --> 00:38:01.639
because I physically couldn't. But a leader cannot source judgment.

528
00:38:03.119 --> 00:38:07.000
That's the one job that just simply doesn't transfer. You

529
00:38:07.039 --> 00:38:10.519
can gather every opinion in the world, and at the

530
00:38:10.639 --> 00:38:15.880
end of it, somebody has to decide, and that somebody

531
00:38:16.880 --> 00:38:23.199
is you. So let me tell you what I'm not

532
00:38:23.320 --> 00:38:27.199
an expert in, and that's payroll tax. K twenty five

533
00:38:27.280 --> 00:38:30.440
years of running companies, and payroll tax is one of

534
00:38:30.480 --> 00:38:35.199
those things where I have no interest in developing pattern recognition. Okay,

535
00:38:35.559 --> 00:38:38.400
I just want it handled, I want it right, and

536
00:38:38.480 --> 00:38:42.840
I want to think about it as little as humanly possible. Kay,

537
00:38:43.000 --> 00:38:48.920
that's into it. QuickBooks payroll payroll runs on schedule, Federal

538
00:38:48.960 --> 00:38:53.440
and state payroll taxes are calculated, filed, and paid automatically.

539
00:38:54.239 --> 00:38:59.039
Time tracking, benefits and HR support live in the same place,

540
00:39:00.000 --> 00:39:02.920
not four systems trying to talk to each other, and

541
00:39:02.960 --> 00:39:03.679
your team.

542
00:39:03.519 --> 00:39:06.480
Gets self service access to pay stubs.

543
00:39:06.079 --> 00:39:10.800
And W two's, which means those questions stop landing on

544
00:39:11.039 --> 00:39:14.800
your desk. I've said before that you can outsource a

545
00:39:14.840 --> 00:39:16.519
thousand functions in your business.

546
00:39:17.159 --> 00:39:19.159
This is one of the ones that you.

547
00:39:19.199 --> 00:39:23.440
Probably should get payroll off your plate and get back

548
00:39:23.480 --> 00:39:26.039
to the work that only you can do. Go to

549
00:39:26.159 --> 00:39:32.519
QuickBooks dot com slash workforce. That's QuickBooks dot com slash workforce.

550
00:39:35.880 --> 00:39:41.280
Now you need to know when your instincts are reliable.

551
00:39:42.719 --> 00:39:43.039
Okay.

552
00:39:43.519 --> 00:39:47.199
Becoming a student of yourself teaches you something else that's

553
00:39:47.239 --> 00:39:53.760
incredibly important. It teaches you when not to trust yourself.

554
00:39:54.840 --> 00:39:57.320
Maybe that may be the real big payoff of this

555
00:39:57.400 --> 00:40:02.199
whole show. There are areas where I've developed extremely strong

556
00:40:02.320 --> 00:40:06.400
instincts because I've seen the same patterns thousands of times.

557
00:40:07.559 --> 00:40:08.760
There's other areas where.

558
00:40:08.599 --> 00:40:12.079
I haven't, and knowing the difference might be one of

559
00:40:12.159 --> 00:40:20.320
the greatest advantages an entrepreneur can develop. Ever, Okay, years

560
00:40:20.800 --> 00:40:25.119
solving a particular type of problem, that instinct deserves some light.

561
00:40:26.599 --> 00:40:29.559
If I walked into something for the first time yesterday,

562
00:40:30.440 --> 00:40:34.280
maybe I should just shut up and listen. Okay, maybe

563
00:40:34.480 --> 00:40:36.599
I shouldn't look at that as weakness or.

564
00:40:38.119 --> 00:40:39.079
Not being good enough.

565
00:40:39.119 --> 00:40:48.159
Maybe maybe that self awareness. See, confidence is contagious inside

566
00:40:48.199 --> 00:40:51.760
your own head. When you get good at one thing, well,

567
00:40:52.159 --> 00:40:55.920
then you start assuming that you're good at other things.

568
00:40:56.840 --> 00:41:00.840
You build a company, so you assume you understand an industry.

569
00:41:02.039 --> 00:41:06.039
You're great with customers, so you assume you're great with contracts.

570
00:41:07.440 --> 00:41:13.440
You're a strong owner, so you assume you're a strong investor. Now,

571
00:41:13.800 --> 00:41:18.559
the truth is those don't automatically transfer. Being a student

572
00:41:18.639 --> 00:41:23.760
of yourself means understanding both your competence and your incompetence.

573
00:41:25.639 --> 00:41:29.119
You see that, Know where your instincts have been proven

574
00:41:29.639 --> 00:41:34.440
and then know where they haven't. Know where emotion tends

575
00:41:34.480 --> 00:41:39.599
to cloud your judgment. Know where you're exceptionally good, Know

576
00:41:39.679 --> 00:41:45.400
where you're consistently not good. Know when to lead, no

577
00:41:45.480 --> 00:41:49.599
when to listen, Know when to say okay, oh I've

578
00:41:49.599 --> 00:41:55.199
seen this before, and have enough humility to say, you

579
00:41:55.199 --> 00:41:57.880
know what, I don't know enough about this yet.

580
00:41:59.079 --> 00:42:01.800
You see the second thing I said there. That is

581
00:42:01.920 --> 00:42:05.760
not being weak. It's a filter that keeps you out

582
00:42:05.760 --> 00:42:09.000
of trouble. And you got to be careful.

583
00:42:09.039 --> 00:42:13.360
You can't let arrogance be the same thing as confidence,

584
00:42:13.400 --> 00:42:18.719
because they aren't the same thing. I've met plenty of

585
00:42:18.840 --> 00:42:25.119
business owners who won't listen to anybody. Okay, that's not expertise,

586
00:42:25.360 --> 00:42:30.559
that's just plain arrogance. And if you watch them and

587
00:42:30.639 --> 00:42:35.039
you do it long enough, it's usually not even confidence underneath.

588
00:42:35.119 --> 00:42:42.199
It's usually arrogance by fear. See, there's a huge difference

589
00:42:42.239 --> 00:42:45.719
between me saying, well, I've considered what you're saying compared

590
00:42:45.719 --> 00:42:49.039
to against my experiences and now you will agree to disagree,

591
00:42:50.119 --> 00:42:54.480
and saying you're not gonna tell me anything you see.

592
00:42:54.519 --> 00:43:01.039
One is confidence, the other is insecurity just wearing confidence clothing.

593
00:43:02.480 --> 00:43:07.599
Real expertise should actually make you more willing to consider

594
00:43:07.679 --> 00:43:12.760
and listen. After enough years, you know how easy it

595
00:43:12.800 --> 00:43:16.960
is to be wrong. The more I've learned, the more

596
00:43:17.079 --> 00:43:20.639
clearly I can see the edges of.

597
00:43:20.559 --> 00:43:21.000
What I know.

598
00:43:22.679 --> 00:43:25.280
Okay, the truth is, I'm willing to listen to almost

599
00:43:25.320 --> 00:43:29.559
anybody who can bring me useful information. I'm not above that.

600
00:43:29.719 --> 00:43:35.239
I'm humble that way. Show me something I haven't considered. Please,

601
00:43:35.639 --> 00:43:37.559
you know what I want to complete mount of repertoire,

602
00:43:39.039 --> 00:43:44.079
challenge the assumption, Tell me where my logic breaks, give

603
00:43:44.119 --> 00:43:47.480
me the numbers. Tell me about an experience that I

604
00:43:47.559 --> 00:43:49.559
haven't been through yet that you've had.

605
00:43:50.760 --> 00:43:50.960
See.

606
00:43:50.960 --> 00:43:55.280
I'll take that from anybody, at any level, at any age.

607
00:43:55.599 --> 00:43:59.039
Some of the best insights that I've ever gotten came

608
00:43:59.079 --> 00:44:01.599
from people who had been in the business for eight

609
00:44:01.639 --> 00:44:05.079
months and we're seeing it fresh new eyes, fresh eyes.

610
00:44:07.039 --> 00:44:11.039
But don't expect me to surrender my judgment simply because

611
00:44:11.039 --> 00:44:15.599
somebody put expert after your name. You see what I'm saying.

612
00:44:15.639 --> 00:44:20.239
There's a difference. One is input, the other is abdication.

613
00:44:24.280 --> 00:44:31.440
So eventually you're the person that people are calling. Now,

614
00:44:31.480 --> 00:44:34.400
this is kind of strange. When you're starting out, you're

615
00:44:34.440 --> 00:44:39.840
calling everybody else, you're looking for answers. In the beginning,

616
00:44:40.440 --> 00:44:43.920
you're trying to find someone who's done it. And then

617
00:44:44.239 --> 00:44:48.760
years pass. You build businesses, and you solve problems, and

618
00:44:49.280 --> 00:44:52.559
you survive the hardest things, you make, the mistakes you learn,

619
00:44:54.199 --> 00:44:59.960
and then slowly something just flips. Well, now people are

620
00:45:00.079 --> 00:45:03.719
calling you. They're asking, well, what would you do? What

621
00:45:03.800 --> 00:45:08.079
do you think? Have you ever seen this before? And

622
00:45:08.199 --> 00:45:11.440
sometimes it takes longer than it should to realize what

623
00:45:11.599 --> 00:45:16.360
actually happened. See, you became the person that you used

624
00:45:16.360 --> 00:45:21.119
to be looking for. I can still remember the first

625
00:45:21.119 --> 00:45:24.719
time somebody in my industry called me for advice, and

626
00:45:24.760 --> 00:45:30.480
I caught myself thinking, why are you calling me all

627
00:45:30.519 --> 00:45:33.000
The honest answer was because I'd already done the thing

628
00:45:33.400 --> 00:45:34.920
that he was trying to do, and he knew it.

629
00:45:36.199 --> 00:45:38.800
I hadn't updated my own self image.

630
00:45:40.039 --> 00:45:43.239
And I think a lot of successful entrepreneurs still carry

631
00:45:43.239 --> 00:45:46.480
around the mindset that they had when they were starting out.

632
00:45:47.239 --> 00:45:48.800
They're still waiting.

633
00:45:48.400 --> 00:45:53.039
For permission from somebody who knows more. They're still looking

634
00:45:53.039 --> 00:45:57.679
for somebody to tell them they're doing it correctly. They're

635
00:45:57.760 --> 00:46:03.360
still thinking, who am I to disagree with these people? Well,

636
00:46:04.280 --> 00:46:10.000
you're the person who spent ten, twenty thirty years doing this.

637
00:46:11.079 --> 00:46:16.679
Maybe you're the person that survived these mistakes. You're the

638
00:46:16.719 --> 00:46:20.159
person who built the company. You're the person who actually

639
00:46:20.239 --> 00:46:24.719
talks to the customer. You're the person who has seen

640
00:46:24.800 --> 00:46:30.119
this pattern five hundred times. Maybe it's time to ask

641
00:46:30.159 --> 00:46:33.760
yourself the question, am I the expert?

642
00:46:36.679 --> 00:46:37.000
You? See?

643
00:46:37.039 --> 00:46:41.960
The truth is the best experts don't replace your thinking.

644
00:46:44.199 --> 00:46:44.440
See.

645
00:46:44.440 --> 00:46:47.079
I've come to believe the best people you can hire

646
00:46:47.480 --> 00:46:50.239
are not the ones who tell you what to think.

647
00:46:51.400 --> 00:46:55.800
They're the ones who make your thinking better. I guess

648
00:46:55.800 --> 00:46:58.800
that's the whole test right there, and it's a good

649
00:46:58.880 --> 00:47:01.679
one to apply next time you're deciding whether to keep

650
00:47:01.719 --> 00:47:06.679
somebody on retainer. Do I think more clearly after I

651
00:47:06.719 --> 00:47:10.760
talk to this person, or do I feel relieved that

652
00:47:10.840 --> 00:47:15.079
somebody else is making the call. You see, the good ones,

653
00:47:15.199 --> 00:47:17.639
or I should say the great ones bring something to

654
00:47:17.679 --> 00:47:22.880
the table that you don't have, maybe information, or experience, perspective,

655
00:47:23.679 --> 00:47:28.360
specialized knowledge. Then what happens is you put that together

656
00:47:28.440 --> 00:47:33.039
with everything you know. That's collaboration. You see, I don't

657
00:47:33.039 --> 00:47:36.760
need an expert to take the steering wheel. I need

658
00:47:36.760 --> 00:47:38.920
them to point out the turn that I might not

659
00:47:39.000 --> 00:47:42.280
have seen. I'll decide whether we're going to take that

660
00:47:42.360 --> 00:47:46.920
turn or not. And ironically, the more confident I've become

661
00:47:46.960 --> 00:47:50.880
in my own experience, the easier it has become to

662
00:47:51.039 --> 00:47:54.199
listen to other people. And that, I guess really surprises

663
00:47:54.239 --> 00:47:56.280
me to this day.

664
00:47:56.519 --> 00:48:01.039
I would have honestly guessed the opposite. You see, I'm ma.

665
00:48:01.199 --> 00:48:04.920
Sured enough the disagreement doesn't threaten me anymore at all.

666
00:48:06.119 --> 00:48:09.440
Maybe they're right, If they're right, great because I just

667
00:48:09.559 --> 00:48:13.360
learned something. And maybe they're wrong because that's okay too.

668
00:48:13.960 --> 00:48:16.960
Nobody's grading me on whether I agreed with the most

669
00:48:17.039 --> 00:48:23.079
credentialed person in the room. But you got to know,

670
00:48:24.039 --> 00:48:27.840
you earned your seat at the table. So if you've

671
00:48:27.840 --> 00:48:31.320
been doing something for years and you've had one of

672
00:48:31.360 --> 00:48:36.840
these moments, you're sitting in a meeting, you're talking to

673
00:48:36.920 --> 00:48:42.639
a consultant, you're listening to an agency, You're hearing the recommendation,

674
00:48:42.800 --> 00:48:43.840
and something.

675
00:48:43.480 --> 00:48:48.480
Inside you says that's not right.

676
00:48:49.440 --> 00:48:55.920
You see, don't automatically dismiss that feeling, but don't blindly

677
00:48:55.960 --> 00:48:56.639
follow it either.

678
00:48:57.639 --> 00:48:59.000
You got to interrogate it.

679
00:48:59.000 --> 00:49:02.199
You got to ask yourself, why do I think or

680
00:49:02.239 --> 00:49:03.800
why do I feel this is wrong?

681
00:49:04.719 --> 00:49:07.519
Is it my ego? Is it fear?

682
00:49:08.920 --> 00:49:12.280
Is it because I don't want to change? Am I

683
00:49:12.440 --> 00:49:16.480
protecting an old way of doing things simply because it's became.

684
00:49:16.440 --> 00:49:17.280
Comfortable for me?

685
00:49:18.559 --> 00:49:23.239
Or is it twenty years of pattern recognition trying to

686
00:49:23.280 --> 00:49:28.079
tell me something there's a difference. Find out which one

687
00:49:28.119 --> 00:49:33.920
it is. Then make them sure they work, Ask questions,

688
00:49:34.000 --> 00:49:40.639
push back, make them defend the recommendation. Bring your experience

689
00:49:40.760 --> 00:49:46.480
into the conversation, saying the thing out loud. Here's what

690
00:49:46.519 --> 00:49:50.360
I've seen happen when we've done that. You see, a

691
00:49:50.400 --> 00:49:54.079
good expert will engage with that. They'll either adjust or

692
00:49:54.079 --> 00:49:57.480
they'll explain why your case is different. And now you've

693
00:49:57.480 --> 00:50:01.639
both learned something. Now a bad one will just get

694
00:50:01.639 --> 00:50:04.360
offended that you even question them, or that you ask.

695
00:50:05.039 --> 00:50:08.599
And I think that tells you everything okay, and then

696
00:50:08.920 --> 00:50:12.519
make the decision. See, there becomes a point in your

697
00:50:12.559 --> 00:50:17.519
career when you need to recognize something. You earned your

698
00:50:17.719 --> 00:50:22.679
seat at this table. It's not because somebody gave you

699
00:50:22.960 --> 00:50:32.039
a title, because you've paid for it. You've paid for

700
00:50:32.079 --> 00:50:36.280
it with mistakes. You paid with lost customers, you paid

701
00:50:36.320 --> 00:50:40.440
for it with sleepless nights. You've paid for it with

702
00:50:40.559 --> 00:50:43.679
deals that didn't work. You've paid for it with jobs

703
00:50:43.679 --> 00:50:47.519
that you underbid. You've paid for it with employees who

704
00:50:47.559 --> 00:50:52.159
didn't work out pay. It's the risks, and it's the years.

705
00:50:53.519 --> 00:50:56.679
There's no diploma hanging on the wall for that education.

706
00:50:57.800 --> 00:51:01.239
But don't confuse the absence of a diploma with the

707
00:51:01.360 --> 00:51:06.320
absence of expertise. I want you to remember in the

708
00:51:06.320 --> 00:51:08.920
movie Braveheart, the queen comes to him and she goes,

709
00:51:09.320 --> 00:51:12.920
I heard that you were given this rank, and he said,

710
00:51:12.960 --> 00:51:17.599
I was given nothing. And that's what happens with being

711
00:51:17.639 --> 00:51:25.360
the expert. So never stop being the student. And maybe

712
00:51:25.400 --> 00:51:30.519
that's the paradox of becoming the expert. The day that

713
00:51:30.599 --> 00:51:35.039
you decide you've learned everything, that's probably the day that

714
00:51:35.119 --> 00:51:40.840
you start becoming obsolete. All the best entrepreneurs and business

715
00:51:40.840 --> 00:51:44.599
owners I know are still curious, and it never stops

716
00:51:44.599 --> 00:51:49.480
in them. They're still asking questions, they're still experimenting, they're

717
00:51:49.559 --> 00:51:56.480
still watching and learning. But the great ones are studying themselves.

718
00:51:57.559 --> 00:52:02.440
They're studying their wins and their losses. They're studying their

719
00:52:02.480 --> 00:52:07.679
own instincts, they're studying their own mistakes. They're building a

720
00:52:07.719 --> 00:52:11.599
personal database of experience that nobody else in the world

721
00:52:11.880 --> 00:52:17.800
possesses because nobody else has lived your life, nobody else

722
00:52:17.840 --> 00:52:24.119
has made your decisions, nobody else has served your customers

723
00:52:24.119 --> 00:52:28.400
not like you have. Nobody else has made the same mistakes.

724
00:52:29.280 --> 00:52:33.000
And that knowledge is valuable, and that knowledge belongs to you,

725
00:52:33.440 --> 00:52:38.960
so use it. Listen to smart people, surround yourself with

726
00:52:39.039 --> 00:52:43.480
people who know things that you don't. Hire great accountants

727
00:52:43.480 --> 00:52:48.559
and attorneys and consultants and specialists. Ask questions, and stay curious.

728
00:52:50.519 --> 00:52:53.559
Never become the person who thinks that he knows everything

729
00:52:53.599 --> 00:52:57.760
because you don't. But on the other hand, don't hand

730
00:52:57.880 --> 00:53:02.239
someone else the authority to override everything experience has taught

731
00:53:02.280 --> 00:53:08.400
you simply because somebody else calls them an expert. I

732
00:53:08.440 --> 00:53:12.760
think about that deck from time to time, the one

733
00:53:12.800 --> 00:53:16.559
I talked about at the beginning of the show. You see,

734
00:53:16.599 --> 00:53:21.960
there was no grand speech that I had, no defense

735
00:53:22.039 --> 00:53:28.079
of my twenty years of craftsmanship. What I did was

736
00:53:28.199 --> 00:53:32.199
ask him for a few minutes. I walked him along

737
00:53:32.280 --> 00:53:35.360
the deck and showed him the boards so he could

738
00:53:35.360 --> 00:53:38.880
see what I was seeing, the filed coating in the

739
00:53:38.920 --> 00:53:42.400
grain of the wood, the way that the south end

740
00:53:42.440 --> 00:53:45.599
had aged differently than the north end of the deck.

741
00:53:47.199 --> 00:53:50.320
What was going to happen if we followed that sheet

742
00:53:50.360 --> 00:53:55.039
of paper that was in his hand, And I told them,

743
00:53:55.079 --> 00:53:58.280
they know their product better than I ever will. But

744
00:53:58.400 --> 00:54:02.800
I've stood on a thousand decks that look exactly like

745
00:54:02.880 --> 00:54:07.760
this one. And he looked and he thought about it,

746
00:54:09.079 --> 00:54:12.920
and that's what he chose. He chose to let me

747
00:54:13.119 --> 00:54:16.760
do it in my way, and the deck well held

748
00:54:16.800 --> 00:54:22.000
up beautifully. And the reason that this story matters was

749
00:54:22.079 --> 00:54:23.239
not because.

750
00:54:22.880 --> 00:54:23.559
I was right.

751
00:54:25.800 --> 00:54:29.360
It's that I almost wasn't even in the conversation at all,

752
00:54:30.599 --> 00:54:34.119
you see, because I'd already started talking myself out of

753
00:54:34.159 --> 00:54:39.320
it before he had never showed me that page, because

754
00:54:39.320 --> 00:54:42.480
I knew what was going to happen. Sometimes the expert

755
00:54:42.559 --> 00:54:50.079
is right. Sometimes you're wrong, But sometimes the expert is wrong.

756
00:54:51.079 --> 00:54:56.159
The wisdom is learning how to know the difference because

757
00:54:56.199 --> 00:54:59.960
eventually you realize something. You're not in the room because

758
00:55:00.199 --> 00:55:04.119
you need someone to tell you what to think. You're

759
00:55:04.199 --> 00:55:06.800
in the room because you've become one of the people

760
00:55:06.840 --> 00:55:09.039
whose judgment really matters.

761
00:55:12.400 --> 00:55:12.960
Remember this.

762
00:55:13.480 --> 00:55:17.320
You didn't become an expert because you finally knew everything.

763
00:55:20.280 --> 00:55:24.719
You became an expert because you never stopped being a student.

764
00:55:28.000 --> 00:55:31.079
In the most important person, or maybe the second most

765
00:55:31.079 --> 00:55:39.559
important person that you'll ever study as yourself. I want

766
00:55:39.599 --> 00:55:42.800
you to remember that. Thank you for listening. Check us

767
00:55:42.800 --> 00:55:46.119
out go to wherever you listen, subscribe to the show.

768
00:55:46.519 --> 00:55:49.800
We'd love to hear from you. Go over and check

769
00:55:49.840 --> 00:55:51.719
out our newsletter Built Different.

770
00:55:52.440 --> 00:55:54.679
We really do appreciate you, guys. I hope you got

771
00:55:54.679 --> 00:55:55.400
something out of this.

772
00:55:56.400 --> 00:55:59.159
Send it to somebody that needs to hear this. Send

773
00:55:59.199 --> 00:56:01.239
it to somebody who doesn't think.

774
00:56:01.119 --> 00:56:05.360
They're an expert, but really are. See you next week.

775
00:56:08.280 --> 00:56:08.840
Thank you.

776
00:56:11.960 --> 00:56:20.159
For listening to the Jeremy Hanson podcast. Go to Jeremy

777
00:56:20.199 --> 00:56:25.159
Hanson dot pro, follow and sign up for the newsletter

778
00:56:25.320 --> 00:56:31.639
Built Different. Share this episode to an entrepreneur who needs

779
00:56:31.679 --> 00:56:37.960
to hear it, And again, thank you for listening.