Open Mindedness is the Key to Success
John Ho is a self made entrepreneur and periscope celebrity. Incapable of having a boss, he carved his own path through a series of self created businesses. Now, he lives a location independent lifestyle in Thailand while running his businesses and coaching others to follow in his footsteps.
John offers expert insights into the finer points of entrepreneurship such as marketing and branding, as well as answering more sweeping questions such as the meaning of money and how to create work from your passion. Some interesting topics we cover include:
0:00 – Why brand authenticity matters
14:20 – The power of personal and business branding
32:37 – Risk Analysis: If it’s not a fuck yes then it’s a no.
45:37 – Marketing products through casual conversation
58:18 – Converting passion into a sustainable business
1:04:10 – The most important lesson for new entrepreneurs
1:09:57 – Entrepreneurship can be amazing. But it’s not for everyone
1:23:32 – Why trends are a red flag
1:36:10 – Having to do things you hate to become successful
1:43:34 – Money as a tool for freedom
2:00:09 – Values over goals? Bullshit
The full podcast episode:
The audio version of this podcast can be found here:
The most interesting excerpts from this podcast can be found here:
Decision Making Mentality of a Successful Entrepreneur
Why Entrepreneurship is Not For Everyone
Let me ask you this. So let's say you have a you have a time machine, john. Whoa. Yeah, Time Machine. You're about to go back in time. To your very first day is a john doe entrepreneur. Mm hmm. And old wise. JOHN Whoa. It's going to talk to new young doe eyed. Mm hmm. JOHN. Whoa. What would old wise, Don, john. Whoa. Tell him
never stopped practical. So I don't think of these things. Time Machine. Yeah. Okay. Yeah. Well, okay. So if I were to go back, let's say you have a son. All right. Just getting it? Yeah. Yeah,
I would tell him
to shut the up and listen to people.
The biggest obstacle for learning is the unwillingness to be open minded. It's, it's, it's, it's the biggest killer of personal growth, the moment you do decided to switch off and block
things that you're not familiar with, or you're afraid of learning, then you're limiting your personal growth. So they're like, the first year when I started entrepreneurship, you know, my mentor would tell me how to do things and, and, and try to teach me skills, right. And I will be like, well, I don't think that's sound I'd like to do things by way because I think I smarter And truth be told, I wasn't I just talking Yeah, I just I just thought I was and obviously I failed multiple times, you know, and, and I was really stubborn. I was really stubborn as a person, I still think I still thought my way was better way. You know, even though I couldn't yield any success. You know, that's how it's gonna work one day. Yeah. But the more I talk to other people, I feel like this is actually not my problem. It's actually a very common,
the older you become, especially the more a person is clean to cling on the ideas or the experience and use that to do the way how they want to do things. And so yeah, so that would be my answer. Be open mind. And yeah, just don't think you're always right. Yeah, yeah, I
think that's massive. And I know it sounds like a cliche as well. But no, I think it's true, it's true. And I really, I think you touched on something very significant. And I don't want to get to a just here. But I think you touched on something very significant in that the older people get, the more people tend to get stuck in their ways. It's,
it's just a fact, as I'm not, I'm not being an ageless. And there's a reason for that, like you, let's say, you know, you know, you know, the analogy of like, a child is like a white piece of paper. It's, there's, like, Nate like, they're just soaking information. And because they don't know anything, anyways, whatever you tell them will become what piece of paper will be. So for them, the learning curve is obvious school and we'd be super high. Now, if you talk to a person with a lot of experience, they've, you know, they've, they've had, like multiple businesses, or they've done like a lot in their career,
and you tell them to learn a new skill set, there's going to be a lot of mental blocks, and you can't blame them. It's just how the brain is being wired. You know, and, and to, to flip that switch is not as easy really, as flipping the switch. There are habits that you're just, you know, you've been doing the same thing for 20 years, and you tell the person No, do something different. Now,
you can't expect like miracles to happen overnight. So persistence, you know, grit, that's also a big factor. But just to open up, you know, is the first step of really learning different things because, like we like I would say, I'm open mine at this moment of time. But I do can't say when someone else tells me something, I'll be like, Oh, yeah, I'll definitely want to learn something about it. I'm still going to be a little bit hesitant or because I'm older that's a fact right? Yeah. So when you want to recruit someone, even in our bike line of business and network marketing business, we always prefer recruiting younger people than older people because by experience we know it's just harder to train now if you do pick up someone that's with experience and that's very open minded and that's willing to learn and that can you can see that growth I congratulate you but they're not like they're it's not like you can just randomly pick someone on the streets I actually have one strategy that I originally employed to become a better podcast or an interviewer but it ended up extending into a lot of different areas of my life okay
and it was this interview tip that I got from my good friend who's one of the most charismatic people I know and he said any anytime you're interviewing or even when you're trying to talk to someone just in your life always strive to see what you can learn from that person I'm here is the important bit no matter who they are no matter who they are if you actually go and look at the interviews that um. Oprah did maybe one of the best interviewers of all time she interviews the Dalai Lama she interviews brock obama everyone the world leaders, but the same interest the same genuine interest in what she can learn from the President of the United States. She gives that same interest to a seven year old stand, who ran a seven year old who ran a lemonade stand the gym and you can watch the interview. She's on the edge of her seat. Mm hmm. Talking to a seven year old girl. Yeah, as lemonade stand. And I think that's very, very important. Because, you know, even if you do keep your mind open to new ideas, which is a big F, there are a lot of people who meant though they'll be closed off to anyone. There are a lot of people where you can have Grant Cardone coming in your door, trying to give you advice. And legitimately they're crazy enough to keep their money closed. Yeah, maybe someone like him was telling them. But even going beyond that, there are things you can learn from people who are less experienced than you. And I actually learned this very concretely when I started training, Brazilian Jiu Jitsu, because it's, it's, it's a martial art where you just spar all the time. And you're constantly trying to choke out and murder the the person who's in front of you. And while you might have five years of training or something like that, and you know, more about 99 out of 100 areas of jujitsu than you maybe that white belt, maybe that blue belt will just catch you in this weird particular move. And they know really, really well maybe you know, the choke really, really well here, even though an arm bar really well here. And so even though in 99 out of 100 facets of jujitsu, you're better than them, there's that one area, even though they're less experienced than you, they know more than you. And you should always think that when you look at the person, you should think what is at the minimum that one area they have more, by the way, but what is that one area, they know more than me, because everyone is an expert in something that you're not
totally agree 100%. Now, if you want to practice that, then my way of
employing the strategy is to constantly remind myself to not judge anyone that's sitting in front of me that has anything to say about anything, right? And it's again, you have to be easier said than done. Yeah, it's easier said to dine. And it's also the to not judge out loud. But it's that internal monologue that's hard, which is the same, essentially, because if you're judging internally, you're still not listening to what they have to offer, which could potentially be some wisdom or some experience that you can learn from. Right.
for that, I don't have anything to add on it. I agree. Yeah,
I'm curious, your opinion on this, because I think I predict and I might be wrong, but I predict you might go against the grain of the conventional wisdom a little bit, just a little bit. Okay. Do you think that you should follow what you're passionate about? Where should you follow what makes money?
following your passion? Such a cliche, say, follow
your passion? No, it's
such a cliche. Oh, yeah. Yeah,
it's decent advice. But it can some people up.
So essentially, who says these things, right?
People who are already successful,
I would, I would say, if you can make loads of money, and it's also your passion doing that you found the Holy Grail. But it's not.
It's not common, you know, it's not common, in a sense,
I think most people who have acquired wealth, it's not doing something they like, at the beginning, at least now, further down the road, they might have more choices, because
it's a matter of options.
When you have nothing,
you just have to do whatever it takes to move on that ladder, right? And without any choices, then how are you going to just follow your passion? Like, unless your passion is making money, which is not even a passion? It's just like, you're
very fortunate if that's your path? Yeah, yeah. Like,
I don't know, anyone who has this passion of making money. But if your passion is making money, that basically means whatever the means it is, I'll just do it to make money. And that's great. But most of the time when people say, follow your passion, it's too vague for me. I don't think if there's any, like substance. So that's why I don't, I never tell people to follow your passion. You know,
if you want to do some kind of feeling you it's on the whole, follow your passion.
Try not to, but for me, it's like, if you want to be successful, that say, right, you have to,
you have to, you have to almost do something that you don't like, or you don't feel comfortable, or it's not your passion. Let me put it that way. Yeah. And, and, and you still have to do it. Because that's what it takes to become successful.
That's most likely what it's going to take MC alone, even if you're following your passion, there's gonna be a lot of aspects of following your passion that you're not going to be passionate about. Yeah,
exactly. Like some people say, Oh, I love traveling. So this is going to be my business and i and i want to do this. Yeah, but traveling is one thing. monetizing through traveling is another thing. You have
fun building that WordPress site for hundred hours and putting affiliate links everywhere, and yada, yada, yada. Yeah. So.
So what does it mean when you say, Oh, I'm doing this pure? Something that passion? You know? Yeah, yeah.
Well, it's a balance. You know, if you're looking down the path of I make a million dollars a year at some whatever job working for a corporation, or I work as a pottery sculptor, whatever. And I'm barely scraping by on on the scraps that I get.
So when you look at it, that black and white of Oh, I make,
let's hope it's off the third time, Chris. That means it's an urgent matter, then. Well, we can pop this right. Yeah, okay. Totally. I'm not live only you are. Yeah, no thing know the drill. If it's like the second time, I'm usually picking up the phone. Okay, she's not coming back
anyway. So if you're looking down the barrel of one job that makes you hundreds of thousands of dollars, you're here and another job or let's say your passion, let's say you want to be a painter you're into that makes absolutely no money. It is a lot easier to tell that person, you know,
stick with your current job. But sometimes it can get a little bit murky in that maybe you could follow your passion and you won't be rich to support yourself. I'm saying make $40,000 a year to support yourself. Or you also need to look at how much do you hate your actual job, you know, yeah.
And so I guess this is the topic of
doing the things you love to do and being content with it. Right? So you it's, there's there's absolutely no product no problem if you choose to do something only when you have the passion of doing but be prepared for the consequences, good or bad. Meaning if it's something that you know that it was talking to you money because you're doing pottery, right? And that's the only thing you do because that's your passion then be content with the lifestyle that brings along with that passion that you do don't about not having money. Yeah, and not driving a Lamborghini and doing my passion. That's that's just unrealistic, right? And so there's that part and then there's another part that how grounded you are and doing things so just be realistic. You know, it's all I'm going to say.
Sam is an ambassador for personal growth. When Sam started to take action towards a better life, it wasn’t long before he was hooked faster than Captain Blackbeard’s left hand. Years later, Sam strives to produce change in others similar to the identity level transformation which occurred within himself. His aim is to break fulfillment down into a series of straightforward steps, and introduce it into the life of anyone who is willing to embark on the path of action, education and ownership.