YouSaid · the spoken record

Jesse Itzler

lines on the record: 56
first: 2018-05-27
most recent: 2018-05-27
sittings or episodes: 1
sources: podcast

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“Thank you guys so much, man. I really, you guys have been great to me. I really appreciate it. And thanks, and good luck with everything. Good luck with all the new ventures ahead and the podcast. And, you know, thanks for giving me this opportunity as part of my process. I just really appreciate you guys, man. And I'm not just saying that. I really do. So thank you for always helping me out, guys.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Because I think she wants to do it. I'm bringing my wife to both. Oh, and then I have this Preston. You guys love this dig. So I'm turning 50 this year. So I'm bringing in, you might have to get me on one more time, man, if I'm so lucky. I'm bringing in 50 experts in 50 things that I always wanted to learn how to do. So like one a week for the entire year to come to my house and I'm going to learn how to wakeboard, drive a stick ship, be a master chess, play ping pong.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Okay, thanks. Yeah, just go to Jesse Hitzler.com J-E-S-S-E-T-Z-L-E-R.com and check out the experiences. And we'd love to have you join me. Preston, we had an amazing time last time. So hopefully you guys stig. You're more than welcome to come. As my guests will summit, talk, enjoy the altitude.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Challenges like this because it really resets me and it really helps me. There's an old Japanese ritual called the Masogi. And the notion around the Masogi is you do something so hard one time a year that the benefits last the entire year I try to do one or two of those a year. And this August and this October, we'll be doing it again. And it's an amazing weekend. So if anyone's interested, can I give a free shameless plug? Absolutely.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Well, I have a great event. Preston, you stig. I got to get you to this one, man. We're doing an event again. Well, we're doing Everest again. And for anybody that wants an amazing challenge, come join me and maybe Preston Stig will come too. Similar to what we did in Vermont, where we rent a mountain, the entire mountain and, you know, you hike up and take the gondola down. We did that in Vermont and was called 29029. You go up gondola down, up gondola down until you climb the equivalent of Everest. We're doing another event. We're doing that in October. And we're doing another one called Denali. It's the equivalent amount Denali, the highest mountain in North America. And we're doing that in August at Snowbasin.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Decisions a day, or something. You know, when you free up some of those decisions, it gives you room to be creative. It gives you more energy to do tasks, et cetera, et cetera.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Really, how important it is to spend time alone. And for me, I'm not into meditation. I'm not against it. I love it. I just don't, my form of meditation has been running alone. I've ran pretty much every day for 25 years. I've run 36,000 miles, 10,000 hours. And that has kept me really in tune with my gut. I think just in today's world, constantly having my phone attached to my hand. It's really important to spend time alone and keep that one superpower we all have that's free. And that's intuition. And I think that really the only way to exercise that muscle and have sharp, good instincts and clarity is to spend some time alone and free up. Like we only have a limited amount of energy in our head. And if it's constantly bombarded and under attack, I think the average American makes like $35,000.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Oh my gosh, I know for sure that one day my time is going to run out. And like we said, I'm very aware of my relationship with time. And I know for sure that I want to collect as many. I want to build my life resume during my journey. So I know for sure that that's what makes me feel the most alive. I know for sure that that will kind of extends my days, keeps me young. And I know for sure I want to spend as much time with the people I want to spend it with doing the things I want to do. And that might not be every second of every day. But I am aware that that is the most important thing other than health to me right now.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“You're right. And you know what? I never even told that story a lot of times, and I've never realized you're right. I really did want to help him. And I still do. I never really look at it that way. But you're 100% right. You know, I really got them together and I wanted to offer something to them. But I was rewarded way more than that.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“So, when you think about who are the people and who are the people that are most like you in your world or that, you know, you'd really want to spend time with and how do you get them? How do you get to know them?”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I asked them in a very two way pitch. Most pitches are one way. You know, you ask for something and it's like a one-way ask. I positioned it, which I think is very important in how you position things, obviously, as an opportunity to almost like a summit over business ideas. How can we all help each other? And you haven't seen a lot of these guys in years. I'm putting this together for you guys as much as it was for me. And they all came. And I told amongst the story. And the monks, we were all religious figures, many of which I hadn't heard of. But it's a really good exercise to think about because we live in a world where you can have virtual mentors. You know, many of the people that I look up to, I've never even met. I follow people on Instagram, like, which is amazing stories and just fascinating to follow and super inspiring. And they don't even know who I am or we have no personal relief.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I was at a dinner party before I went to the monastery, and the host of the party asked everyone there to go around and name three people that were alive that they would want to have dinner with. And it was a great exercise. But most of the answers were the obvious ones, you know, maybe Warren Buffett or Obama or Clinton or Oprah. But when it came to me, all three of mine at the time truly were rappers. And the reason was I wanted to meet the three artists that changed the trajectory of my life as a kid growing up in New York as a teenager, I wanted to thank them. And I wanted to find out how they marketed themselves in an age of no internet and how they wrote their songs. And so after the dinner, I was like, you know what? I'm going to invite the 10 most influential artists in my life to come to my house for dinner. And they all came. And people like, well, how'd you get them to come? And I was like, I asked them. I only knew two of them.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Okay to not, I could have a long to do list, but let me operate at equality in the things that I'm doing. So I started implementing a lot of the things that I learned. And it's been super helpful. And part of it for me was writing the book. It was a hard process for me. It took a really long time. It's very different than the seal book where there was one character. I had his voice. There were multiple characters. There was a lot of silence. There was a lot of reflection. So I wanted to write like a personal development book, but with a little bit of a different twist, a little bit of humor, a little bit of insight into a world, a spiritual world that not a lot of people have time or the ability to access and share some of those takeaways with the reader so they could spend three or four hours in my book and not 15 days on a book.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Well, it was hard for me coming back in because remember, I came back into a world that hasn't changed at all. But I come from a world that was completely different. So re-entering was very difficult for a little bit of time. It was a transition period for me. But, you know, here I am a lot of time has passed and 90% of my life is back to where it was. But there are 10% of these kind of changes and things that you guys mentioned listening more than talking, mapping out more of the lifestyle I want, spending five minutes a week with my wife talking it out, having my own mission statement, having my own contract with myself of what my non-deliverables are and all that kind of stuff and being way more present and monotasking. I'm way more focused on, and it's been way more efficient, realizing that it's”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And it's really like we all have those components in our life except our pie chart is a lot different. It's a little out of balance in how it's skewed. And there, to me, was a little bit more imbalance of what I wanted. Now, I don't want to go live on a monastery. One of my takeaways is I love my life. I don't want their life. But I want components of their life to come into the way I live my life.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Without question, you know, we have mission statements for business. We write mission statements, but very few of us have our own personal mission statement. And very few people really write out like, well, what is my ideal day? What is my ideal life? What does it look like? And if you would have scripted, it probably wouldn't be like, I want to see my parent and I'm not knocking you. I want to see my parents one time a year. I want to work 90 hours a week. It just probably wouldn't be like that. And little shifts can really make a big improvement, but it starts with an understanding exactly what you just said of they wrote out, they chose the life they wanted to live. Theirs is one of simplicity. And they map out the day according to what that looks like. And that's a combination of social, labor, community, meals, prayer and reflection.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Why wouldn't I want to live in peace? And if I'm committed to a marriage, why wouldn't I want it to be the best that it could be? Or if I have a relationship with my kids, why wouldn't I want to be the best it can be? So why wouldn't I tell my son, look, I'm disappointed in the way you did something or I'm proud of this, or if something I did bothered you, tell me. And it's like so simple and obvious, but nobody, you know, we don't really do it or we don't have a system to do it. And I thought like, wow, you know, five minutes, once a week with my wife, and we could be like, can I do anything this week that pissed you off or can I do anything better? Changes the whole relationship. It's a relationship change.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, every Friday night they got together and it was sharing. They would just basically get anything off their chest or shoulders that happened during the week and put it to dead. So they didn't walk around with resentment. They didn't walk around with harboring any kind of anger or angst. And they were just literally talk about each of the brothers, each monk would get up. And I didn't share in this. This was their own private thing. But they would go up. They told me about it and they would talk about it. And anything that happened during the week that bothered them. And they would discuss it and put it to bed. And I was like, wow, I want to do that with my wife. Because very often, I won't even say anything. I'm like, you know what? I'm just going to let it go. And then you let the next thing go. And then you start to have resentment. And then you get mad. And now you can't go revisit it because it was a month ago, but it's built up and it's happened five times. And I said to him like, well, why do you guys do that? And he said, well, if I'm going to live with Brother Thomas.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Look at us. We both said you live away from your parents. I live away from my parents. My brother lives in Colorado. My wife's brother lives in California. Like it's very spread out. Our support system is scattered. Yes, we access them through Skype. We can access them through FaceTime and email. But it's a little bit of a different world. Their support system is together. So the responsibility of one becomes the responsibility of seven. So if the toilet bowl breaks, seven people can fix it. It doesn't all fall. If the toilet bowl breaks and there's no running water at my house, it's my responsibility. On the monastery, it shared seven ways. And that leads for a really interesting and different existence. Takes a lot of pressure off you. You don't want to let anyone down, you know. So the bookshelf, like, I'm cleaning the church. You better clean the bookshelf. And it just leads to a really efficient system.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I think it's a little bit of a culture, and the culture being that everything is theirs. So, you know, they have pledged all their possessions to the monastery. They own nothing. They own a driver's license. And if the bookshelf, when they clean up the books, those are their books and their bookshelf. And they treat it like it's theirs and their bookshelf. And there's a really strong sense of community. What's great about the monastery, too, not to jump around or dodge the question, but I learned the community is so important. It's just so important. A hundred years ago, not even 100 years ago, 50 years ago, my father lived with three generations in one house. And I think a lot of people, you know, in the 1900s, early 1900s, 20s, 30s, live that way. And if there was a problem, they shared it collectively. If there was an illness in the family, they shared it collectively. Now with planes and everything.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I'm going to do this. Here's 15 things on my to do list. And when I'm done with that, I'm going to go to the next item. But I'm done with that. That's done off my list and it's done to perfection. And like every single task they did, they did with every ounce of their soul. I've never seen anything like it. It could be organizing the books in the library. Like I'd stack them up. They would stack them up and push them in and make sure they were in size order. And then they would come back and look at it. Then they would clean the books. Then they would write the number on the books. I was like, wow.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Well, I think I'm going to answer this in two ways for starters. I live in a world of multitasking. I'm constantly doing multiple things at once, or I'll spend five minutes here, jump to the new list, cross that off, go back to work, talk about my kids. I'm always multitasking. They monotask. They are so focused on quality over quantity. And they don't put like a really have time restraints around when they're going to finish. They're finished when it's done to perfection. So if their job was to clean the church, it was like, oh, I'm going to go clean the church for 15 minutes. I'm going to clean the church and I'm only going to focus on the church. And I'm going to be done when the job is done. But it wasn't so much centered around time as it was around quality and completion. So, for example, you know, let's say Brother Stavros would be like this morning. I'm going to clean the church. It wasn't like I'm going to clean the church.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“But all these opportunities and weekends, everybody, you know, and most of the things that we do, or he did does and I do, it doesn't cost him, Mount Washington, it costs nothing. The parking is free. You park for free. Yeah, you have to buy a sleeping bag. You got to get some boots, but it's not like you're flying first to Europe and staying at the four seasons. And it was more fun. So my point is he's got this five, I call it the cabin rule, this five six weekends a year, and it helps. Those things help.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“He goes, I take probably six other trips a year, like one time, one weekend, every other month I take a trip. I go to LA to run the marathon. Maybe I go hiking with my family. Maybe I'll drive to the canyons, whatever. But I put it on my calendar every other month. I call it the Kevin rule. And I'm thinking to myself, if I can't take one weekend, every eight weekends to put something on my calendar that makes me happy or creates a quote-unquote moment like we were talking about, then the script is broken. I got to rewrite it because Kevin can work seven hard weeks or whatever, but he knows at that eighth weekend, he's going to do something he loves with the people he loves to do it with. And it's so simple. Yet we barely ever do it. We live in a world of, you know, vacation time. I take a week off. And that's it. Or we live in a world of...”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I recently took my son who's eight to climb out Washington, which is freezing. We camped outside in the winter in the snow, and it was minus five degrees and we had this crazy sleeping bags to keep us warm, blah, blah, blah, blah. And I went with my friend Kevin, who's a police officer in Suffolk County, New York, and his daughter. The four of us went. And when we get to the top of the mountain or where we were camping out, I mean, it is so cold, I can't even explain it. So we're all on our sleeping bags, bumbled up, you know, and Kevin is a blue collar guy. He's a police officer. He's been doing this forever. He doesn't come across a guy that's focused on money or accumulating money, but he's one of the happiest guys I ever met. I sent him and said, Kevin, how many of these trips do you take a year? Like, you love it here. How many trips do you take a year? He goes, well, every year I take a trip with my high school friends. We've been doing it since we're 21 years old. And I'm like, gosh, I need to do that. I don't do that. I want to do that.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And I got rewarded for it. It felt amazing. And at the Marquis Jet experience, yeah, I mean, I got this amazing, you know, it changed my life. But the passion, like I never really loved selling time on airplanes. I just didn't. I didn't feel like I was put on earth to sell time on. And I just never loved it. And even though the end result was way different, like I was, it didn't swing me this windfall all the way in the other direction.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Forward about 20 years later. And I got a call from my partner and we were selling our company Marquis J to NetJets to Warren Buffett. And I was explaining to them that I wasn't really much happier at that moment than I was as this 14, 15 year old kid, probably 15-year-old kid that made $41. And the obvious answer is that, you know, money's not going to bring you happiness. But I realized that it was like, if I worked hard at something that I liked and offered something that was positive to the world, my wife always says you find your purpose at the intersection of what it is you love to do, what's your good at, and something that you're offering to the world that's positive. And in that little break dancing moment, it was something that I love to do. I was decent at it and people were reacting positively.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“little crowd eventually starts to show up and then a bigger crowd shows up and I do my thing and I pass it to Myron and he does his thing and he sends it back to me and we go through our whole routine and then we do it again we only had like a 30 second routine so we did it like you know 40 times I took off my hat and I started passing it around collecting money and at the end of the day we had collected around around $260 $70 something like that We gave my sister the gas money for the trip down and then we took out money for food and money to get home. And then we had about, I think it was $82. We had $41 each. He starts counting all the signals, you know, all the way to $41. And then he puts it in his pocket and he sprints over to me and he gives me a bear hug. And he looks at me and he goes, Jess, we're fucking rich. We have $41 each. And I told the monks that story. I said, well, you know, it's fast.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“You at this point, I see. I was like 14, 15, sophomore high school when like, but it really started to get momentum. I'm not even talking about like pop radio momentum. I'm just talking about momentum on a street level. So I decided that I wanted to go to Washington, D.C. to break dance because I figured there's no way the kids in DC could be as good as the kids in New York. Like we invented this shit. So I convinced my sister who just got her driver's license to drive my friend Myron, who's my part of my crew and myself down to Washington, D.C. to breakdance. We're like, well, you know, make some money and we'll come home. So we go down there in the whole time down there. I'm struggling with like, you know, I'm nervous with no one shows up like and we're all the way so far from home. And we show up in Georgetown and we go to this little parking lot in a bank and we have our boom box and a cassette. We set up the boom box and we push play.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Sure. So, I mean, I was explaining to the monks at some time that we had together that my first job, this is crazy, but my first job was as a breakdancer. I grew up in New York in the 80s when really hip-hop and breakdancing was really emerged”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, it's still something I'm working on. And it's hard. But when you become aware of it, and now I find that I can learn, and this is kind of what his message was, by listening, you can learn from anyone or anything if you allow yourself. And I never allowed myself. But now I'm like really, you know, I really, I have slowed down sort of, but I have an understanding and awareness to listen and become more aware of my surroundings, of people, you know, and not just experts. I think that was part of his message too, that, you know, you don't have to always necessarily seek out experts. There's lessons all the time everywhere, every day if you allow yourself to listen. And I did.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And very often just by observing and listening at the monastery, for example, I learned so much. And usually I'm a talker. I'm a seller. I want to talk. And it's about me. And it's just, I realized I had a lot of work to do. And I could really grow, which is why I was there. I invested these days for personal development and to get better. That I really needed to become a better listener. And when I became aware of that and started just kind of slow down, even when I got back and even now, I even noticed in the opening of this podcast, I was so eager to jump in and I was like, Jesse, listen to Stig and Preston and enjoy the intro. There's just a tremendous amount of growth that comes from listening, yet I realize that I struggled with that for 40 years of life. You know, I don't want to listen.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yes, I do. I think you're referring to what he said to me when you talk, you're only repeating what you already know. But if you listen, you may learn something new. And, you know, he said that to me early on, and it made me realize that I'm not a great listener.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“To it's all about gratitude, to be grateful to be in the position even go through the process. Look, you guys started a podcast. I'm sure it wasn't easy. It still isn't easy. Find guests. Grow your audience. You want to put content out there that people enjoy. That's probably your mission statement, right? And we want to give content that that's what you guys are doing. And it never really gets easier, but you still have the love for it. And that's the backbone and the foundation of anything that you do.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Think they're having fun or they had fun, but they don't even know if fun is until they experience fun. So when you have an appreciation for the process, even the bad things that happen, the bad days as an entrepreneur, I have plenty of bad days and plenty of things come that I can't control that I have to deal with. The toilet might overflow one day. I got to deal with it. My wife looks at me and says, fix it, you know. I didn't plan on that. My point is that I agree with you, Stig. I agree with you.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I think about my struggles, her journey, it's ended. And I think that if you go through that one script without rewrites to make it the script that you want, you could look back with a lot of regret. Now, I understand everyone has to make a living, and I understand you have to sometimes take jobs that you don't love, but to stay in a situation like that long term without trying something differently at night or working on something at the side or trying to make a change or downsizing and taking something that you do like but living differently, which might make you happier. You know, that's a really tough place to be in. And I have a ton of friends in finance that make a lot of money and are miserable. I mean, obviously, we all know money is not the end-all means to happiness. But I know a lot of people that are miserable in what they do and they just stay in it. And then all of a sudden they're 60.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I agree. I think everybody has a different definition of success. You know, one definition is sort of what I said earlier. You know, you wake up in the day and say, I'm going to give it my all today. And at the end of the day, you look back and say, I did. Is success effort or is it success result? Or is it both? Or is it happiness? Or is it, I mean, there's so many ways to grade it. One thing I've been very, very fortunate, and I hope my kids get this message and I hope my friends, I hope those around me get this message. There's only one script. You're born. We're all dying. Some might die faster. Some might live longer. But I'm pretty confident that in 110 years from now, nobody on the planet right now, our age will be around. And a lot of the worry and things that we do day to day, it won't be relevant to the next generation. I mean, I love my grandma, but I don't think about her struggles.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And I just said to myself, this is what I signed up for. This is still part of the process. And this is what being an entrepreneur. And this is what, you know, trying to get this project done and completed to my satisfactions all about. But this is what I signed up for. And there'll be other basketball games.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Will you make this project work no matter what? Look into the future, look into your heart, like look past, again, your ego. And I really look deep into myself and I'm like, I will make this work without question. Then he was like, well, fuck the 10 grand. Go do it. Figure it out. Start the process. And that was the start of my entrepreneurial journey. I was like, you know what? Keep your 10 grand. It might kick me a little longer, but I'm going to enjoy the process. And I have ever since. You know, when things go bad, when I have to, I was reading the audio part of my book the other night. I had a deadline. So I was going to be in the recording booth for nine straight hours. This is after seven hours the past two days in this little tiny booth. And all of my friends were going to go watch the NBA playoffs. And everybody was going out. And I couldn't. I had a deadline.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I'm broke. What are you talking about? I said, well, what's that? And he looked me dead in the eye and he said, youth, the process to be able to go through the entire process of figuring it out and not knowing and being able to take risk and failing and winning and making new friends and the whole process of what you're about to go through. I give it all back. And that really stuck with me. And then he said to me He gave me like the litmus test. He's like, would you bet everything, the farm, everything you have your whole life, your name, your reputation, everything on the fact that you will make this project work in your heart, get past the ego of wanting to can you make this thing work? And I said to him, I think I can make it work. Yeah. And he goes, no, you can't think.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Really, really successful guy like Ultra, ultra successful. So I go to his apartment in New York City and I walk into the apartment. We had a morning meeting and he's got all these amazing like. On the walls and all this amazing furniture. And I go into his room where he was. He had like a little, like a bedroom he was on in this penthouse apartment. And he comes out of the pool for our meeting, naked. He had a swimming pool, a lap pool in his apartment. And he came out naked, which was, you know, I didn't really know him that well with no problem, starts talking to me and he puts on these little skimpy shorts and starts running on a treadmill and talking to me. And I tell him my situation and I have no money. I have maybe $100 at the time or something. And I told him this guy had offered me the money. What would he do? Got off the treadmill and he said, you know what, Jesse, I would trade everything except my kids, everything that I have, the art, the pool, the private plane. For the one thing that you have. And I was like, me?”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“My one bag of stuff. And I live with her for six months. And during that time, I continued on in the music business from her couch. But I was at a really critical junction. I just wrote a song for the Knicks that had caught on, a theme song. And other teams were calling for me to write demos with the hope that if they liked my demo, they would buy this song for themselves. But I had no money to go in the studio and make all these demos. So I couldn't grow my business. So I went to a music manager and he said to me, you know, look, I'll give you $10,000. I'll lend it to you in cash, but I want 10% of you, like forever. Like I was a stock. And with no money in 21 years old and this guy had some connections, I was like, absolutely. This seems like a great deal. But before I did that, I went and talked to my roommate, this girl's dad, who was a big businessman and had some entertainment connections.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I was in the music business and I didn't get picked up for a second album. And I moved to New York City from California with very little money at the time. And I was living at my friend's couch. And my time had run out and he told me as of Monday, his roommate really wanted the apartment back and I had to find a place to live. So that weekend, I was at a bachelor party in New Jersey. And I was at a bar with my friends and ordering a drink and a girl came over and we just started talking. She asked me where I lived and I told her, actually as of Monday, I have nowhere to live. And she took out a napkin and she wrote her address down and said, hey, if it's truly an emergency, you can come stay with me. I just met her. I never met her in my life. And I laugh and I said, all right, is that a real offer? And she said, it is. And Monday morning I woke up and I'm like, this is an emergency. I don't have anywhere to live. I took out her address and I literally showed up with me.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And had so much time to think that you start to realize what it is that's important to you. But more importantly, how much time you spend on things that aren't that important to you?”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Like, this is going to be something we have a relationship now that's different than it was. But part of that is because we were both aware that something amazing was happening. And I take inventory when that stuff is happening. There's a great moment. I'll take a minute and be like, wow, there's an appreciation. And then it registers. And then I do know what I did April 18th because it's not just like happening so fast and I'm flipping the calendar. So when I went up to the monastery, time stopped because there were no other options. You know, when you get out of your routine, time goes slow. When you're in your routine, time goes fast. And I was so out of my routine.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Time is a hot button for me because everyone's like, oh my God, year went so fast and I can't believe I'm turning 40 and this is oh my god my kid's all grown up because we don't stop to take inventory of amazing moments you and I shared an amazing moment we climbed the mountain but I was very aware in that moment that this was happening”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“When you look at time that way, and you're like, wow, I might only see my parents 18 more times, that might not be acceptable and you might make changes. You understand what I'm saying? My parents are 88. If I see them twice a year and they live to be 92, I only see him eight more times. I'm like, I've been on a plane to see my parents when you start to think of it that way. So my point is, I'm very aware of time, very aware of it. You know, there's not a day, not one single day when my head hits the pillow at night, when I don't look back and take a little inventory of did I waste a day, did I maximize the day? You know, did I do my best today? Did I spend my time with the people I want to spend it with doing the things I want to do? And that's sort of like my thought process. You hit a hot button.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Okay, so if you see him once a year and they're 60 and they live to be 78, you don't have 18 years with them. I mean, you do, but really, if you look at it in moments, not in time, you only have 18 visits with them.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Wow, my window is shrinking fast. And even in your 30s and 40s, like, that's why you wake up. You know, if I were to say to you guys, sick, press the man, what are you guys doing for 18th? Like, I don't know. That was six days ago. You're going so fast you can't remember how long. You know, one thing that I realized for myself is like my parents are 88. They're older and they live in Florida. Most people don't live that close to their parents. Do you live close to your parents, Preston?”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, well, when we think of relationships, we think of relationships in terms of people. Like, oh, my relationship with my mom or dad or my wife I'm just aware that the average American lives to be 78 years old. That's a fact. And I'm turning 50. So I hope I'm not average. But if I am, I have 28 summers left. You know, I just climb out Washington. I told you guys that story. There were no 70-year-old guys on the mountain. And I just ran this crazy race and there were no 70-year-old guys in the race. And when I think about it that way, well, then, yeah. From 70 to 78, 70 to 80, you can probably do what you can do in your 40s and 50s. And so if you look at it that way, well, then I really only have 15 or 20 really relevant or prime years or, you know, or quality years in the sense of doing the things I want to do. I sleep a third of them. And a lot of my weekends are taken up with responsibilities. And when you think backwards, you realize that like.”
2018-05-27 · We Study Billionaires · TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT