Action Over Inspiration | Episode 41

little bit about a new direction that I like to take the podcast and sort of the goal that I have for the multi threaded income community. And I hope you're open to this because I. Think this is a good way of thinking that it's going to help a lot of people. Now to start this conversation, I need to tell a story that's basically kicked off this new way of thinking. And a couple of weeks ago or a couple of months, depending on when this episode actually releases, I went to an event and I'm fine.

Just calling them out. It's called life surge. And it is sold as a business event for, for Christian. This conversation, if you're not religious, if you're not Christian, it, that's fine. It actually doesn't play at all into the rest of the conversation. All you need to know is it was sold as a Christian entrepreneurship conference, and they had a number of speakers from that community.

They were going to come and talk about entrepreneurship from a lot of different levels now, as a student, quote unquote of business, I enjoy talking To people about businesses, how they run their businesses, how they've come up with their ideas, how they found their initial customers. How did they do that hard initial work? And I was hoping that going to this conference, I was going to get a little bit of that information.

So I really didn't do any research into life search before attending the initial event. We just did a little bit of research. We just went and it was a, it was a packed house. Like there were a couple thousand people there. Think of one of these crazy mega churches just packed to the gills with people who probably in the same situation, they were there to learn and get some value out of. And the speakers come out.

And the first thing I kind of noticed about the speaker list was I didn't know who the heck any of these people were and I think that's okay because. I don't necessarily know everyone in the business space and I don't know everyone who's prolific in the business space or the entrepreneur space. There's a lot of names that I think I threw out right now. You probably wouldn't know either. And that's okay.

So just, we assume that these people coming on stage have done something to earn the position that they're in. All right. So the first speaker comes out and All of the speakers kind of followed the same general cadence. They were talking about how my life was awful and my life got better when I started investing in real estate. I have this BS meter just kind of starts going off. I'm like, all right, I, I don't get the conversation here. Like one of the speakers literally comes out and.

He starts out saying I was 25 million in debt. Like I was up the debt up to my eyeballs. He goes, but then I bought my first rental property and it all was better. And. I feel like I'm saying it in a way where you're going, well, Kevin, you skipped a couple steps. You don't go just from 25 million in debt to, you know, having millions of dollars in error, all your problems taken care of. And I would say, I completely agree. That's exactly what this guy did.

He went, I was just completely in debt. Like life sucked and I bought real estate and everything's better. You hear this and go, Oh, I mean, you just skipped some steps. What's the catch? And the catch was that a gentleman came out and started talking about real estate. And I don't invest in real estate outside the home I already own. Like that is not something I've really considered, nor is there something I really care about.

But again, I try to be that student of business and I listened intently going, all right, he's going to talk about some of the finer points of what's going on. And it turns out it was the finer points to get you to sign up for a three day real estate class

that was, was being sold for the low, low price of 90 something dollars. They mentioned this, like my BS alarm just is going into overdrive. I know that nothing else that's going to happen in this day is going to be relevant. Like it just was not going to be a useful day and turns out I was right. So fast forward, a couple more speakers coming out, all pretty much saying the same thing. My life sucked. I bought some real estate. Everything was great.

And then it was a guy who came out and started talking about investing. And I'm like, okay, this is the thing I already do. It's a thing that I already understand enough to be dangerous with. So let's see if I can pick up some pointers, some finer points. I'm not a day trader. That is a whole separate. Set of skills and risk and the stuff I don't want to do.

So I wanted to listen and simply to what this guy was saying, well, he was trying to sell the three day investing course that they were also trying to hawk again for the low, low price of 90 some dollars for three days. And Hey, guess what? If you also bought the real estate course, you get the investing course for free. As a student of marketing and having, um, Read a lot of material, have gone through a lot of different courses. I know that this is a just classic upsell technique.

Like they are giving you this low end product that is not going to be very good. And the purpose of giving you a low end product is to eventually upsell you to the higher end product. Again, like alarms going off in my head. Like, this is all awful. And the rest of the event was pretty much the same thing. It was a lot of inspiration and like cheesy, bad inspiration. It's like watching MTV cribs. If you're old enough to know that reference, it's like, Oh, this is cool.

That person's living high and mighty. Like they lucked out. Basically looked into these positions that let them build a little bit of wealth. And I don't think that's the common scenario for a lot of us. Like we can see the end result and we can hear the story of how you got from zero to to everything you have now. And that's all inspirational, but everyone has a different journey. And your journey is not going to be like that. My journey is not going to be like that.

And it was when they brought. Everyone out again trying to do the final upsell saying, Hey, if you buy now, you can get the first two courses and you can also get this like dumb low add on book that we're selling and it's all for the low, low price of 90 let's pause for a moment and. I want to let you in on a little secret.

I went and did the research afterwards because I knew my BS alarm was going off and the folks that we had gone to this event with had said, well, you know, it could be something like, maybe you're just being negative, Kevin. It could be something really useful. I'm like, I. I'd like to believe that, but my better knowledge knows that that's not likely to be the case. So I go look up just the experiences of people who had gone through the course.

And turns out, if you go to that 90 some dollar 3 day course at the random hotel down the street, it's Gonna be just one day of recap, fluff and inspiration that you got at the event that we are already at. Uh, the second day might be a little bit of useful information, but still it's mostly fluff. And then the third day is a complete upsell to their more advanced course, which starts at $13,000. And that's right, 13 0, 0 0. And that's in US dollars. So it's a, a small car.

Or you could upsell to the even higher package that goes up to 30, 000. Now, 30, 000 where I live is a lot of money. It is sometimes more money than some people make an entire year. It is in this substantial sum that they are asking people, they are preying on people to pay. And ultimately.

They're never going to get the result out of that 30, 000 that they put into it. Um, because I'm pretty sure they're not teaching return on investment and 30, 000 into a cheesy investing course is probably not going to net you back 30, 000 plus. So I'm justifiably jaded on this entire experience and I'm sitting there listening to the last speaker before we had to leave, thankfully. And I was kind of thinking in my head.

I'm trying to teach people, you all the multi threaded community, how to be better. And use your existing skills to go off and do amazing things. And I want you all to be successful. And I want to be invested in your success because I think as a, you know, just as a community, like it's better if we're all successful and it's possible for us all to be successful. No one has to be successful. Not successful in order for someone else to be successful.

And I don't want to charge you 30, 000 for a course. However, if you're out there and you want to pay 30, 000 from a course for me, give me a call multithreadedincome. com. Let's chat. Bye there, Grace. When you come to multithreaded income, I want each and every interview that we do. I want each and every podcast that you listen to any videos that I create in the future, any courses that I create in the future, I want them to be full of action.

I want you to be able to listen to an episode and I want you to get one, at least main point that says, if I start tomorrow, here's the one thing I need to do next. And. You're going to start seeing this on the next couple future episodes where we talk action over inspiration. And I think inspiration is important. I think inspiration energizes you. It gets to the point where you're ready to take action. But if you don't know what that action is, inspiration is kind of useless.

Inspiration makes you feel bad. Uh, inspiration can make you jealous. Like inspiration is good in spurts. It's good to give you a kick in the pants, but. You can't just have all inspiration. You have to have some action involved as well. So I'm recording this episode after I've already recorded a couple of interviews.

And in these interviews, I've asked the person towards the end, what's your action, what's the action that you think a listener should take, and I'm hoping this is useful for you moving forward, because I don't want you to think a multithreaded income the same way as. I felt about this

event that I was at. I don't want it to be a complete waste of your time. I don't want it to seem like a money grab, which I actually haven't asked you all for any money. So I guess that doesn't count, but I don't, I want to be respectful of your time and I want to help you make more of your time. And if I'm not doing that. I need to start thinking of ways to make that process a little bit better. What's your action for today? So this is how we kick it off. Everyone action over inspiration.

Your action for today is that you should join the multi threaded income community. You should go to mti. to slash discord. Now this discord is full of. Already dozens and dozens and dozens of geeks, just like you and me, who are interested in building multiple threads of income, whatever that might be, if you don't know what your idea is, just talk to people and see if you can build an idea in your head. If you want to get started in consulting, you know, come talk to us.

If you want to just start freelancing, come talk to us. If you're interested in starting a product, come talk to us. We are here to help, and there's a lot of really smart people, and we're already starting to see action in the community

of people taking that first initial step towards doing something. We don't know if it's the right thing. We don't know if it's the wrong thing, but people are taking that initial step. So that's your action for today, everyone. Come join the multithreaded income community. Let me know how you feel of the concept action over inspiration, because I think this is going to be the continuing thread, no pun intended, over the next dozens, if not hundreds of episodes.

So with that, thank you all for hanging out with me today. We'll be back next week with an interview and it's going to be a good one. I'll see y'all later. Take care.