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Welcome to the Mindful Fire Podcast, a show about crafting a life you love and making work optional using the tools of mindfulness, envisioning, and financial independence.
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I'm your host, Adam Quail, and I'm so glad you're.
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Each episode of the Mindful Fire Podcast explores these three tools through teachings, guided meditations, and inspiring interviews with people actually living them to craft a life they love.
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At its core, mindful Fire is about creating more awareness and choice in your life.
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Mindfulness helps you develop self-awareness to know yourself better and what's most important to you by practicing a kind, curious awareness.
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Envisioning is all about choosing to think big about your life and putting the power of your predicting brain to work to create the life you dream of.
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And financial independence brings awareness and choice to your financial life, empowering you to make your vision a reality by getting your money sorted out and ultimately making work optional.
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And here's the best part, you don't have to wait until you reach financial independence to live out your vision.
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Mindful fires about using these tools to craft that life.
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Now on the path to financial independence and beyond.
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If you're ready to start your Mindful Fire journey, go to mindful fire.org/start and download my free envisioning guide in just 10 minutes.
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This guide will help you craft a clear and inspiring vision for your life.
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Again, you can download it for free@mindfulfire.org slash start.
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Let's jump into today's.
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Episode.
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Jake, welcome to the Mindful Fire Podcast.
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I'm thrilled to have you here.
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Yeah, thanks for having me, Adam.
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I know we've been talking about doing this for a while, so I'm really excited to jump into your story and specifically this idea that you have around the state of the Union with your wife and your family and how that helps you live more intentionally.
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Definitely happy to share.
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I'd love for you to start by sharing a little bit about who you are, your journey, and what you're up to in the world these days.
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Yeah, definitely.
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All right.
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So I went to school in Florida, mechanical engineering, but then took a left turn into sales, went to San Francisco.
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That's where I met my wife in 2015.
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We decided to quit our jobs and travel for a year right after we got married, before we started having kids and settle down I'll plant this seed here.
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Our path towards financial independence helped make that easy.
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Without as much fear of, oh, we're leaving these high paying jobs in San Francisco to go do this thing.
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A lot of our family and friends are like, are you crazy?
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What are you doing?
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And we're like, it's really not as risky as it think, as you think.
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And actually we spent less money on that year than we did normally just living.
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In San Francisco, Came back to the same Fortune 200 company I was working for.
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Got introduced to a a team within my company called the Design Thinking Team.
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Really love that.
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it's really the melding of human and process.
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I really love that.
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It's like structured exercises, workshop, design.
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And I joined that team to teach other people within that company how to do what I do basically.
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And then in 20, 2024, I left my job to do my own business and that was enabled by us reaching Coast Fi somewhere a few years before that and wanted to make the leap into entrepreneurship to go just try something new.
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I loved what I did.
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It wasn't a an active aggression, if you will, like I need to get out of this job.
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Hey, I want to try this thing over here.
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And actually there's a few pieces that tie directly with what we talk about in the fire community.
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So I'll just plant it.
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I'm sprinkling a few seeds here, Adam.
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So my entrepreneurial journey, I actually wanted to start helping people do, basically stay the unions with their with their spouses, like coach people on how to do this.
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Life design is what I was calling at the time.
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And, partway along that path, someone started asking me, Hey, I need help doing this in person event.
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I don't know what I'm doing.
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I have some coaches, can you help me?
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'cause they knew my background, started helping them just for fun.
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Basically I'm like, you know what?
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I really love this and I really miss this.
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So I made a pivot into helping coaches deliver world class workshops without wing it.
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And that's what I do now as an entrepreneur.
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So that's my story.
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Do you want me to pull the thread on any of those?
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Yeah, definitely.
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It's an interesting journey and funny how much overlap we have.
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We went to the same college at the same time.
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We presumably lived in San Francisco at the same time.
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Met our wives in San Francisco.
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And yeah, that's pretty funny.
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Then got outta San Francisco.
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Francisco.
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And where are you now?
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I'm in Milwaukee.
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Milwaukee, yeah.
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And yeah, I'd love for you to just talk about coast Fi.
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Remind people what it is and tell us a little bit about like how did you make it happen?
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Yeah, so I actually don't know where my financial journey like truly started.
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I definitely did the Dave Ramsey thing for a while, which was useful at the time.
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Now I have different feelings on that, but that's a whole nother show probably.
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But that was a good start and there was a few other podcasts and eventually I found Choose afi, where I actually heard you first So I'd heard you on choose FI back a few years ago when you were on there.
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And now we're in some of the same communities as entrepreneurs, which is awesome.
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And along that path, I started thinking like, yeah, this makes sense.
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I didn't necessarily have a drive to not work, but it was more the sense of freedom.
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And so we had started on this path back before 2015 when we quit to travel.
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We had been saving a lot of money.
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And basically the answer was it was easy for us relatively because we did have relatively high incomes.
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We weren't CEOs or anything, but in San Francisco living in a relatively cheap apartment at the time we were able to put a bunch of money away and we maxed out our 4 0 1 Ks For a while, I was really on what I would call the traditional fire mindset, which is just aggressively save as much as I can, even though I might wanna spend money on a trip or something.
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Let's not do that this year.
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Let's do something smaller.
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We did that for a little bit and thankfully, I think it was before die With Zero became more of a known entity.
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Like especially in the fire community.
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We started thinking like, maybe we should spend a little bit more.
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And that's around the time.
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We had taken our trip like, you know what let's, we don't need to put the pedal to the metal.
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let's use some of this money to actually live that life now that we wanna live.
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And that really was like the first big step.
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It was scary.
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We almost chickened out.
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And the question we asked ourself was, would we regret not doing this now just because we don't wanna spend the money?
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And the answer was clearly yes, we would regret it, it would be harder later when we have kids, it's gonna be harder to travel.
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And so things like that really were a big influence on my journey.
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And the enablement largely was just being intentional with what our, as Ramit would call it what our rich life is.
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We weren't really using that language per se, but that's the center of these state of the unions, so let me put like a tighter bow on this.
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the answer to your question was, my wife and I had intentional conversations about what we want our life to look and feel like, and that made it easy to say no to things that didn't really enable that.
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And then we had a clear path to what do we actually need to do to accomplish that?
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We need to save some money to get down this path towards freedom.
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More of that freedom enables us to be more of ourselves at work, which enabled us to get better pay through promotions and things.
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It snowballed into this enablement of let's live the life we wanna live now instead of waiting forever.
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Does that make sense?
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Yeah, absolutely.
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coast Phi is a powerful choice and path in this broader fire movement.
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Because it makes it so that you just need to cover your annual expenses each year knowing that you've saved enough that it will grow to what you need in full retirement.
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So that's a powerful path and it's cool to hear that you did that.
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So sounds like Coast FI enabled you to think more clearly about what you wanted your life to look like and to pull some of those dreams into the present.
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I'd love to hear a little bit about this worldwide trip.
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What was the intention?
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Where did you go?
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how did it feel?
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Yeah.
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And now let me tighten up a few things with kfi.
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we weren't at KFI at this time.
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And I wanna just emphasize this.
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For anybody listening who's on the path and I'm not the first person to say this obviously, but every step you take towards financial independence gives you more freedom.
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It's not, I haven't hit my number, I can't do things, it's, oh, I've taken some more steps now I have more freedom.
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And it's a sliding scale.
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And so we were well on our way toward that coast fi.
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And that Coast Fi really impacted my decision to leave my job, which we can come back to in a moment.
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Since my first job in Gainesville, Florida at a childcare place called O to B Kids, where I worked for eight years through high school and in college.
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At one point I became a supervisor.
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And if anyone out there is familiar with Jim Collins, good to great popular business book, there's this idea called the hedgehog concept and it's what is the one thing that you are the best at?
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I remember the owners of this company did a lot of training for us and that's where I got introduced to things like seven habits of Highly Affected people probably like Rich Dad, poor Dad, and some of these like kind of foundational, classic, almost self-help.
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And they introduced me to.
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Basically what was a structured exercise in the form of a goal packet.
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It's basically answer some prompts, answer some questions, do some envisioning, if you will, think about what you want your life to look like.
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And I had been doing a practice like that for years in various forms.
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I adapted to my own needs and I was doing one of these while my wife was in the city at a bachelorette party with her friends, and I don't even know Adam, where this idea came from.
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The best I have actually connects back to O to B kids.
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The owners took a trip around the world back like years before I met them, and maybe that was planted in my mind, but I was doing some journaling.
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Part of this goal packet.
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And the idea just came to me.
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We should travel and do something.
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I hadn't done any international travel besides some Canada stuff and some easy accessible Mexico.
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I just felt like I wanted to try something different.
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I wanted to get out there and I wanted to go see part of the world.
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And this was the easiest time that there'll be for many years because we were just getting married when this idea came up.
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Anyway I basically wrote a note to my wife, which I found recently.
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The first line was I wanna work for myself.
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I found this like a year ago after I actually quit and started working for myself.
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I could not remember that I even wrote that.
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But the second part of that was we should take a trip.
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And I put an in an envelope, put it on the seat.
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My wife got in the car.
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She said, what's this?
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I'm like, I don't know.
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Read it.
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Tell me what you think.
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By the time we drove home back across the bridge to Emeryville, we had decided, let's do it.
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Let's do a trip.
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And so that's the genesis of how it happened.
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And so part of it was thoughtfulness and part of it was just having the freedom because we had saved the money and we knew what we wanted.
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We wanted some adventure.
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That led to us saying yes, even though it was frankly pretty scary and a little intimidating, especially with most people telling us like, are you crazy?
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Whatcha gonna do for jobs when you get back?
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All these sorts of things.
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So that's the start.
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Happy to share some details.
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I can sprinkle in about the trip if you like as well.
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Yeah.
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I'm just curious, like where did you go?
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Yeah, so we went to three continents Europe, Asia, south America.
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We technically overstayed our visa in Europe without knowing it.
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Four months instead of three.
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But we were okay.
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We had our ticket outta there.
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Our favorite place in Europe was Switzerland.
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We hit it like right in the spring with the mountains flowers blooming.
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It was as close to magical as you can get, and I don't use that word lightly.
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I'm hesitant to use magical, but it was pretty darn magical.
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It was awesome.
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Our favorite overall was in Asia and Japan.
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Amazing.
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The food, the people, just everything was amazing.
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It felt very foreign, like not built for tourists, but very approachable and like easy to navigate.
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And then we did a horseback riding tour for three or four days over New Year's Eve in Patagonia, which was probably the highlight in South America.
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So it was amazing trip Like the memory dividends that they talk about in that book like talking about it now is bring these back.
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I'm so glad we did it when we did it.
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And it's paid off in so many ways throughout our life.
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love it, That's so cool.
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And yeah, Die with Zero.
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it's an amazing book that keeps coming up again and again.
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I was at this front row Dad's conference last week, and guy on stage was talking about how much that book impacted him.
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It certainly changed the way I think about things.
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And one day we'll get him on the podcast.
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I don't think he does a lot of podcasts, but would love to have that chat.
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That'd be awesome.
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That's a good pairing with J Collins.
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Those are the two that I recommend to people who are like how'd you do the financial stuff?
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He said, go read Jail Collins book and then go read Die With Zero.
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Those are my my one two punch usually.
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Yeah.
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I would say those are probably the best fire books for sure.
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Okay, so let's get into this State of the Union.
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Start at the top what is a State of the Union?
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Yeah, perfect.
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So a state of the union for us is, basically a workshop.
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So the world I live in now actually is just a coincidence.
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But I basically designed workshops for my wife and I to zoom out, do some envisioning, we don't call it envisioning per se, but it's the same kind of thing you talk about a lot with envisioning zoom out, what do we want our life to look like, and then basically how do we get there?
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It's taken different forms over the years, but we try to do it four times a year.
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It usually works out to three end of the year, usually gets pushed into January, and then usually we just, that's like our QQ one.
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We typically block off a half day.
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We usually do this during the work week.
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When I was in corporate, I would take half day off and she would do the same.
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And we'd usually do some exercises, go get lunch, come back and finish with an exercise or two.
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The core of the state of unions for us now is what we call the pillars exercise.
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And if you wanna look this up, there's similar exercises out there under the name Wheel of Life.
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It's basically the same thing, and it's where you take, you look at your life from the main categories we use, I think it's eight now.
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It's evolved over time, but it's like health, it's marriage, relationship.
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It's your parenting if you're a parent.
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And then it's like other relationships maybe financials in there, occupation, a few things like that, right?
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And what we do, we spend some time first thinking for ourself.
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And I think anyone who wants to do anything like this, I find it incredibly useful.
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And this is what I do for my Entrepreneurial clients that I work with now too.
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It's really important when you have people who are trying to collaborate in some way to take a moment to think for themself first instead of just what are your ideas, different people process differently.
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And so what we do is we'll go and spend 45 minutes or so usually before the event, like the day before.
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And we'll go through a series of prompts and it's basically answering for each of these pillars what is our level of satisfaction in them right now.
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And we give it like an A to f just a natural way to grade it.
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and actually now what I've tried the last time we did it, and I think we're gonna do it again'cause we really liked it.
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I actually built an ai conversation partner to help pull stuff out and then summarize it to make it easier to just share thoughts.
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I have a lot of hope for what AI can help with, and I'm skeptical about a lot of things, but one thing that I find it really good at is listening to me and then summarizing in an effective way so that I can share it more succinctly than, as some people may notice.
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I'm a little bit verbose at times, so it's nice to trim it down and make it easier to communicate.
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Yeah, that's interesting.
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So that AI partner, is that like a voice app that you created?
00:16:04.727 --> 00:16:08.331
Is it more just written chat or what does that look
00:16:08.387 --> 00:16:10.157
Yeah, so I love using Claude.
00:16:10.336 --> 00:16:15.456
Claude is my daily driver, if you will, and I built a project What I first have it do.
00:16:15.956 --> 00:16:18.777
Act as a interviewer, just general, how's it going?
00:16:18.877 --> 00:16:23.397
What's some big wins you've had recently and what's some frustrations you've had or something like that just to pull
00:16:23.456 --> 00:16:24.627
and you're reading this,
00:16:25.127 --> 00:16:25.812
reading it, you're talking to
00:16:25.877 --> 00:16:25.997
it.
00:16:26.326 --> 00:16:32.287
So I'm reading it on the screen, but then I use an app called Whisper Flow to talk back to it.
00:16:32.527 --> 00:16:37.237
For anybody out there who's doing anything with ai, stop typing, start talking.
00:16:37.242 --> 00:16:37.552
It's huge changer.
00:16:37.552 --> 00:16:38.752
Stop typing in general.
00:16:38.992 --> 00:16:40.461
Whisper flow is a game changer.
00:16:40.762 --> 00:16:46.282
I heard it on the Nathan Barry podcast and I was like, what is the point of this?
00:16:46.282 --> 00:16:50.152
This is built into all of these things and it is much better.
00:16:50.392 --> 00:16:51.081
It works really
00:16:51.081 --> 00:16:51.352
well.
00:16:51.852 --> 00:16:54.162
And if someone's yeah, like I use chat pt.
00:16:54.162 --> 00:16:55.572
It has voice built in.
00:16:56.072 --> 00:16:58.682
I just find it to be easier to use, whatever.
00:16:58.682 --> 00:17:00.152
I'm not getting affiliate commission.
00:17:00.152 --> 00:17:00.162
Yeah.
00:17:00.177 --> 00:17:00.847
But yeah, either of mine.
00:17:01.187 --> 00:17:10.507
You can do it multiple, you can talk multiple times before you enter it in, which I find the biggest complaint with Claude, if you use Claude's voice, once you're done, it sends it immediately.
00:17:10.507 --> 00:17:11.886
And sometimes I'm not ready to send it.
00:17:11.916 --> 00:17:12.997
I want to give it my context.
00:17:12.997 --> 00:17:13.326
Yeah.