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The Playbook With David Meltzer

The ONE Skill That Guarantees You'll Never Go Broke

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 1 December 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

In today’s episode, I share lessons from my journey growing up with a single mom, dreaming of playing football, and ultimately navigating a life shaped by ambition, setbacks, and unexpected advice. From learning the importance of capturing ideas that resonate—or even those that frustrate—to discovering the value of being more interested than interesting, I explore how lessons from my past shaped my pursuit of success. I reflect on moments of triumph and failure, including building wealth, losing it, and regaining perspective. Along the way, I reveal the impact of meaningful relationships, self-awareness, and the pursuit of skills and knowledge in achieving fulfillment.

Transcript

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0:00.0

I love being here. I grew up here in San Diego, went to Patrick Henry High School, grew up in San Carlos.

0:05.9

He used to come up here to the arcade and play. And I dreamed about playing football here.

0:13.1

That was my dream. When I was young, I grew up with a single mom, six kids.

0:17.8

Actually got recruited here. I was all CIF in San Diego, but for some reason, they thought

0:23.6

I was a little too small, slow, not talented enough. So I ended up playing football in Los

0:30.2

Angeles and Division III because I love sports. And I have a lesson about lessons. I was one of those people that took a lot of notes.

0:42.2

Anybody here, like write down everything in your classes? Yeah, I was that guy. And I ended up with a

0:48.3

$1,200 bill every month. I'm 56 years old now. Every month I pay $1,200 for a storage unit that's filled

0:55.9

with boxes of notes from college, law school, business school, Bob Proctor, Tony Robbins, Jack Canfield,

1:06.2

the millions of dollars I've spent on education, personal development. They're all sitting in boxes and I

1:11.9

can't use any of it. And so one of the best lessons I wish somebody would have taught me when I was

1:17.1

your age is don't write down everything. But also, don't write down nothing. There's a secret that

1:25.3

I've learned through all these years about what's important.

1:28.7

And what's important is what resonates with you. And initially I thought, I'd hear somebody say

1:34.5

a quote and I'd text it to myself because it resonated. One of my favorite quotes in the world is

1:39.4

you're either humble or you're about to be. I heard that the first time all the hairs on my arms stood up.

1:45.4

I'm like texting myself. Can't forget that. Create a system to access all those things. And then

1:50.7

even later, I found that even more valuable than the things that resonate with me that make the

1:56.4

hair stand up on my arms are the things that I disagree with most.

2:02.1

So, you know, when someone says something really stupid and it aggravates me or pisses me off,

2:07.3

I write that down too and I do research to figure out why does what somebody else think

2:14.0

or somebody else say upset me so much?

...

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