Digital Social Hour
The 10-Year Success Rule That Changed Everything | Scott Clary Part 2 DSH #895
Sat, 16 Nov 2024
Discover the game-changing 10-year success rule that could transform your approach to business and life! 🚀 In this eye-opening conversation, we explore why long-term commitment is the secret ingredient missing from most success stories. From the dangers of instant gratification culture to the reality of building something truly meaningful, this episode packed with insights will change how you think about achievement. Learn why most people fail by chasing quick wins, and why committing to a decade of focused effort could be your key to guaranteed success. We dive deep into real-world examples from podcasting to business building, revealing why patience and persistence trump overnight success every time. Plus, get an insider's perspective on the changing workplace culture, the impact of social media on our expectations, and practical strategies for staying committed to your goals. Whether you're an entrepreneur, content creator, or someone pursuing big dreams, this conversation will reshape your perspective on what it takes to succeed. Want to build something truly meaningful? This episode reveals why the 10-year rule might be your secret weapon. Watch now to discover why playing the long game is your best path to success! 💪 Subscribe for more powerful insights on entrepreneurship, success, and building something that lasts. 🎯 #podcastsetup #podcast #howtoeditapodcast #joerogan #socialmediaimpactonbodyimage CHAPTERS: 00:00 - Intro 01:10 - Podcasting Benefits, Intelligence Boost 04:35 - Social Media, Echo Chambers, Misinformation 10:55 - Instant Gratification, Impulse Control 17:08 - Instant Gratification Effects, Employee Productivity 19:40 - Workforce Entitlement, Employee Attitudes 21:33 - Toxic Comparison, Mental Health 23:33 - Public Perception, Self-Image 25:20 - Preconceived Opinions, Social Dynamics 31:28 - Social Gloves Mastermind, Business Insights 31:38 - Business Leverage, Importance in Growth 33:24 - Challenges in Event Business, Starting Up 38:41 - Upcoming Guests, Podcast Preview 38:42 - Dream Guest, Aspirational Interviews 39:50 - Finding Scott, Contact Information APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] GUEST: Scott Clary https://www.instagram.com/scottdclary/ https://www.youtube.com/@scottdclary https://www.instagram.com/successstorypodcast/ LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Chapter 1: What are the benefits of podcasting?
All right, guys, we got them back. This time in a studio we can stand up in.
You remember that first one in Miami? I do remember that first one. I couldn't even stand. I do remember that one. Miami's evolved a lot. I mean, now you have dope spaces like this. So it's like the whole content creator scene, this is all post-COVID. I think tons of cool people moved down here. Hopefully we're part of that cohort of cool people. Absolutely, that's why you're here.
But yeah, we've had a good time since we moved down here. And again, podcast is going well. We're building out a studio too. Oh, yeah? In Miami? Yeah. Oh, nice. About five minutes from here. Nice. Yeah. So we got a house, guest house in the back. Guest house is going to be a studio. Hell yeah.
Chapter 2: How does social media influence our perceptions?
That's smart because that first studio was fully booked and you couldn't even stand in the room. It was like, how is this place booking out?
I know. Not to talk shit about a studio, but I'm a big guy. And that studio was like this little cement box and... not only could I not stand up, but it also got super hot during the, I remember that. And I, I did a couple of podcasts in there. You did like a stint, like how you do your podcast where you just, you record a whole bunch in like a period of time.
But I did a couple of podcasts over like a course of a summer and I was about to pass out half the time when I'm interviewing. You were sweating. Dude, I was sweating. I was sweating. I'm passing out. I'm like, and you know, some of the conversations, at least with people on my show, for sure. It's like some of these people are so brilliant. And I'm like,
how do I keep up with this person when I can barely keep my eyes open, right? And I'm sure that's why I respect you so much with doing eight of these in a day because some of the topics that you talk about, they're not light topics. So as a podcaster, just zoom out for people listening to understand what we do
We have to go into someone else's life where they've been living in this domain for the past 20 years. And we have to find a way to keep up with them intellectually. And even though we may not know anything about the subject outside of a couple hours of research. So combine that with doing it eight times in a row in a day or doing it in this like little... It's not easy.
That's the part people don't realize, actually.
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Chapter 3: Why is instant gratification harmful?
Yeah.
Yeah. They think you just show up and talk, but there's research.
You got to keep up with their years of experience. You do. And I think that that's why you look at some of the best. You look at Joe Rogan. Joe Rogan has gotten significantly smarter. Oh, yeah. Since when he started podcasting to the conversations he has now.
So I think podcasting, even if you don't do it to make money, I think it is one of the most intellectually challenging things that you can ever do. And I actually think it just upgrades you as a person. Definitely. I feel upgraded. No, I do too.
You have to be open because if you're closed off as a host, it kind of ruins the flow of the show. And I study all the great podcasts. Lex Friedman just did an eight-hour podcast yesterday.
I saw that with all the Neuralink team.
Yeah, so I just started that one, but that's going to take me probably three days to watch.
But you have to, I think the best podcasters... Like Lex does this. I look, you know, I studied the greats too. I look at like Diary of a CEO, Stephen Bartlett. That's a great one. Modern Wisdom blew up quick. Even Joe Rogan. You look at like the OGs, Tim Ferriss.
What they do is they are experts at creating like this safe space where people feel comfortable just talking about whatever's top of mind for them. You do this too. You go, I see some of the guests that you have on your show. Some of them are talking about shit that I know nothing about. Some of it is like so out there. I'm like, shit, like how does he, how does he get these people to open up?
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Chapter 4: What is the significance of a long-term commitment in business?
Is that true?
That's wild. Well, it was a new study. I don't know if that's been proven many times over.
I think that actually is... I think that a three-second attention span, obviously that's just regarding social media. But if we talk about a younger generation and the need for instant gratification, I think that that plays a part of it.
I think that need for instant dopamine hits, instant delivery with Amazon Prime, instant food, instant TV on demand, Netflix, whatever, everything is instant, right? And I think that that... it really screws up your perception of how you should operate in this world to actually achieve what you want.
Because when everything, when all these tiny little inconsequential things are handed to you immediately, the things that actually make an impact, so your career or the amount of time you put into a business as an entrepreneur, all the things that will actually impact your life in a positive way. I'm not talking about getting your dinner in the next 30 minutes.
I'm not talking about seeing a cool thing on your phone that you're going to forget about apparently three seconds later. I'm talking about things that will actually move your life in a positive direction. I think that all this instant overnight,
gratification has ruined our ability, not everybody's, but a lot of people that grew up with this has ruined a younger generation's ability to understand the time required to achieve significant things. So I think that then when you live in this instant gratification world, it's very hard to understand how to commit five or 10 or 15 or 20 years of your life to something.
And I think that that's screwing up a lot of people because they think that, well, if everything in my life is instant, why can't my business success be instant? If everything in my life is instant, why can't my career success be instant? I see all these people that are killing it on social media. Why can't my business be making a million dollars a month in six months? Because that's not reality.
That's some architected reality that somebody put out onto social. But- that architected reality, that fake reality is reinforced by all the other things that come to you overnight, right away, like the snap of your fingers. So I think that we have to really understand the investment in time and energy and bandwidth it takes to make something great.
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Chapter 5: How can we cultivate patience in a fast-paced world?
Because it's not 10 years of doing things that don't work and 10 years of beating your head against the wall. It's 10 years of learning and improving and iterating and optimizing and maybe a pivot here or there. But the point is, when you commit 10 years of your life to something, you are setting yourself up for success psychologically, because you know how long it's going to take.
And when you set yourself up for that, you have realistic expectations. But also, if you're going to say, I'm going to commit to this thing for 10 years, Okay, now what does the rest of my life look like? I only have $50,000 in my bank account right now. So can I really do this thing for 10 years if I quit my job? Well, no, the answer is no, you can't. So maybe you find a way to structure it.
So you're still working your nine to five and you're building your thing from five to nine or on the weekends. But the point is you're structuring your life so you can commit to this for the long haul, which will ultimately lead to you being successful at that thing.
So I think that when you have this long-term vision and this long-term mindset, that's what sets you up for success psychologically and in the practical day-to-day of how do I build this thing while not running out of money to pay rent or pay the bills or support my family. And when you can set yourself up like that, that's, I think...
I think that the common trope with entrepreneurship is you have a 95% failure rate. I think when you think in a 10-year mindset, I think you inverse that. I think you have a 95% success rate because there's not many people who I know who commit to doing something for 10 years and show up every single day for 10 years and aren't some version of successful at that thing.
I can't think of any.
It's very hard to screw it up. Find a way to architect your environment, your life, your business so that you can commit to that long.
That's great advice because like you said, this instant gratification era is tough. As someone that's hiring employees, you must be seeing this on a daily basis.
I think that it impacts people differently. So a lot of my team right now, and I'm going to have this problem soon because I'm building out a studio for my show right now in person. And a lot of these interviews are going to be in person, where for a period of my show, a lot of it was virtual. But obviously, the in-person is a better conversation. It's a better experience. It's more real.
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Chapter 6: Why do many people fail to achieve long-term success?
And I mean, I haven't worked at W2 in a while, but when I took a job and I took the salary, there was nothing that was unclear to me. I knew what the job was. I knew what the salary was. Guy signs the contract. First week that he shows up to work, after he signs the contract, he wants to renegotiate for a higher salary in his first week of work. This is not like a contractor.
This is a guy that's salaried at whatever, 70K or something like that in South Florida for videography work, for full-time contract. I mean, the issue is not that he wants more money. That's his prerogative. The issue is that... if you wanted more money, first of all, you have to negotiate before you sign a contract. It's like the whole concept of work is skewed.
I've never heard of this in my life where somebody would try and negotiate a contract after they signed a contract. It doesn't make sense to me. Again, when I applied for a job, went through the interview process, got my offer, negotiated, agreed, signed, went to work. So I've heard a lot of shitty stories like this about trying to hire and it seems to be I don't know.
It can't be like all across the US, but I think in some parts of the US, especially lifestyle cities like Miami, I think that it's very hard to find people who want to work. I think it's very difficult. And I don't know how you solve for that. I think that...
I think that maybe finding ways to create more of a work-life balance or to align the company's goals with the goals of that person, I think could be a way to solve for that. But I think we're in this really awkward stage where I think COVID showed people what life could be like if they work from home, which is no problem with that at all. But I think that also...
The reality is, is if you're going to work from home and you want a high salary, I think you have to put the reps in first and maybe do the not so fun work and the not so fun job to get your career started. And then you can demand more. And I think what people are doing now is they're demanding more without having the accolades or the background to really warrant that.
that type of that type of environment so i think that you have a lot of entitlement i think you have a lot of again like i mentioned people trying to fast forward their career yeah um without putting in the reps and i think that i like i don't know where it's going to go i just think it makes hiring harder i think it makes building a business harder i think it makes everything harder um so i think that this is something that if you are if you are young in your career and
and you're willing to go to an office or to do the things that everybody else did, I think that you will have an advantage. I think that this is where you can shine. If you are willing to do tough work for a period of time like everyone else did, I think this is where you're going to come out on top. Because I think a lot of people are very entitled in their career.
A lot of comparison, too, on social media.
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Chapter 7: What does the 10-year success rule entail?
I'm worried about me. I'm worried about bettering me. So if I look at anyone else, it's only to learn and to understand and to study. It's never to... It's never to be sad that I'm not there. I don't give a shit that I'm not there.
I fully believe that if I do all the things that someone else does and I reverse engineer their success and I understand all the different things that they've incorporated into their show, into their team, into their social media strategy, I will eventually get there.
So it's just about learning, understanding, putting in the reps, doing the work, figuring out how to do it better, learning how to interview better, reading books on asking questions, whatever it is. But I think that's the hard work that people want to skip when they start something new and they look at somebody else and they play this comparison game
And I think you're setting yourself up for failure. Oh, yeah. I used to play that game. We all did. You can't, though. It was terrible. You can't because you're never going to get there as fast as you think you will. But you will get there. So that comparison game, it's just toxic. Super toxic.
It's super toxic. Big step for me, too, was realizing no one gives a shit about you. That, to me, was a life-changing revelation moment because I used to really care about how people perceived me. Putting yourself out online? Yeah. I used to not put myself out online because I was so scared of being judged. No one really gave a shit once I started doing it.
No. I haven't worried about that too much because I've seen some ridiculous shit online. So in my mind, I'm like, listen. If you're not an asshole, if you're not like a piece of shit, if you're not racist, which hopefully I'm not, hopefully I'm not an asshole to anybody.
If I'm just putting out what I believe in online and I'm putting out who I am online, there's going to be people that don't like that. But I don't care if people don't like me, if I'm a good person who's trying to do better in the world or create great content.
I mean, I think that if you do get pushback or if people do talk shit about the stuff that you're putting out online, I think maybe use it as an opportunity to learn and see if there's anything you can do better. But ultimately, you can't let it impact you because there's always going to be people that don't like you. There's people that don't like Mother Teresa. Like, what are you going to do?
Yeah. It comes with the game, right? Even Mr. Beast, he's getting a ton of heat right now. Mr. Beast is getting a ton of heat for a lot of reasons. But what I'm saying is he's done so much good. He's done so much good. And even before, not to take this podcast and not make it evergreen, but even before what's happening literally right now with Mr. Beast, there's still people that hated him.
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