Bill Perkins
π€ SpeakerAppearances Over Time
Podcast Appearances
And so that's kind of what I try and get people to do is like, are you going to have $30,000 trips in your lifetime? And they'll go, yes. When is the optimal time for you to have $30,000 trips? and with whom. If you're never going to have a $30,000 trip, I'm like, okay, let's think of a different type of activity that will get you the same fulfillment or close to it that's not a $30,000 trip.
You're in that thing, well, I'm saving because of just in case. It should be like, guy, you're not the best insurance agent. You're actually the worst insurance agent. You don't know the odds. You can never have the notional and the edge, the premium that you're extracting from yourself. And that edge is your own life. You have to give up hours of your life to have this insurance premium.
You're in that thing, well, I'm saving because of just in case. It should be like, guy, you're not the best insurance agent. You're actually the worst insurance agent. You don't know the odds. You can never have the notional and the edge, the premium that you're extracting from yourself. And that edge is your own life. You have to give up hours of your life to have this insurance premium.
is way, way more than just paying the insurance company. People worry about running out of money. I'm like, get an annuity. You're worried about long-term health and what if I'm sick and I can't move and I need nurses? Get long-term care insurance. It's really cheap when you start early. It's surprisingly cheap. What about this?
is way, way more than just paying the insurance company. People worry about running out of money. I'm like, get an annuity. You're worried about long-term health and what if I'm sick and I can't move and I need nurses? Get long-term care insurance. It's really cheap when you start early. It's surprisingly cheap. What about this?
There's an insurance product for a lot of things people are like, quote unquote, saving or worried for, et cetera. Let's mitigate the risk with the professionals. Let's get you living your life.
There's an insurance product for a lot of things people are like, quote unquote, saving or worried for, et cetera. Let's mitigate the risk with the professionals. Let's get you living your life.
Oh, right now.
Oh, right now.
They got to habituate. Like you take a rat, you get them to run the wheel, you give them the cheese, you give them the running wheel, they do the cheese, and pretty soon you don't even have to give them the cheese. They see the wheel, they just start running. The reward is no longer the goal. It's just to do the thing.
They got to habituate. Like you take a rat, you get them to run the wheel, you give them the cheese, you give them the running wheel, they do the cheese, and pretty soon you don't even have to give them the cheese. They see the wheel, they just start running. The reward is no longer the goal. It's just to do the thing.
That is the hardest one to break because they've been brainwashed into thinking that this is what I want to do. And it's one of the hardest things to extract somebody from. And so I have to explain to them, where do you socialize? You know, we just go through it. Where do you eat? Where do you eat lunch? Well, I like the people at work. I like hanging out. I don't want to quit work.
That is the hardest one to break because they've been brainwashed into thinking that this is what I want to do. And it's one of the hardest things to extract somebody from. And so I have to explain to them, where do you socialize? You know, we just go through it. Where do you eat? Where do you eat lunch? Well, I like the people at work. I like hanging out. I don't want to quit work.
I like hanging out with the people. I'm like, you can quit work and take the people on a trip with you. You can vacation with them. You can still visit them at night and play bingo games. The people don't go away just because you don't show up at work. You can still spend time and you can actually spend more quality time with the people at work if you exercise that muscle.
I like hanging out with the people. I'm like, you can quit work and take the people on a trip with you. You can vacation with them. You can still visit them at night and play bingo games. The people don't go away just because you don't show up at work. You can still spend time and you can actually spend more quality time with the people at work if you exercise that muscle.
But they don't know how to invite people over their house or, hey, we're going to go see the Chris Rock show tonight, which I'm going to go do.
But they don't know how to invite people over their house or, hey, we're going to go see the Chris Rock show tonight, which I'm going to go do.
No, here in Austin tonight. I didn't even know. See, there you go. A new experience you might have. But anyway, they don't know how to do that. It's a very long conversation. You can do this. You can do that. Everything that you're getting out of work, that social benefit, all these little excuses, the mental stimulation.
No, here in Austin tonight. I didn't even know. See, there you go. A new experience you might have. But anyway, they don't know how to do that. It's a very long conversation. You can do this. You can do that. Everything that you're getting out of work, that social benefit, all these little excuses, the mental stimulation.
I'm like, John was like, these real life problems are more mentally stimulating than the natural gas puzzle. I still like the natural gas puzzle, but these are more mentally stimulating, more purposeful, more fulfilling to me.