Escaping the Drift - The Weekly Drop: Ego Check

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Escaping the Drift with John Gafford 14 min 1 speaker 6 chapters transcribed
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What realizations did John have about ego?

John Gafford 0:18
And today, man, I want to talk about something that is a struggle sometimes for me, and I made some realizations over the weekend. And that thing I struggle with is ego. It really is. And I saw a couple of things that hit me this weekend and I wanted to talk about it. And ego to me is perfectly fine. There's nothing wrong with having an ego, but if it is prohibiting growth in you and holding you back, then that is a problem. I'm going to tell two stories from the weekend. that made me kind of realize that I gotta check myself, if you will, before I wreck myself or stop wrecking myself, if you will. So the first one is over the weekend, I went to one of my favorite places to go, which is the Boardroom Mastermind Group. It is a elite level group of very high level, high net worth individuals that focus primarily on real estate investing, but it's just a lot of really good people that are really smart.

Who is Leon, the Wall Street Trapper?

John Gafford 1:18
And a guy that I just met for the first time, that just came to the group for the first time in our meeting in Boston back in Q3, and I got to know him a little bit then. Not a lot. We were in the same room. But this dude's name is Leon, better known as the Wall Street Trapper, or Trap, as we call him. And you need to look this dude up, first of all. So this is a dude that has an amazing story. I'm gonna have him on the podcast next week to go through his story in detail, but very humble beginnings. And taught himself the stock market and got to be really, really good at trading options. And now he has built this into a following of millions of people, coaches tens or hundreds of thousands of people on how to do this. And the guy is just, number one, he kills it in the market.
John Gafford 2:13
Number two... He makes, I mean, infinite amounts of money selling his coaching. Every month, the number of orders he gets is staggering of people that join his coaching program online. It's staggering the amount of money he's making doing this. And the reason I say this is not necessarily to celebrate his success. Although, dude, you know, anybody that achieves that level of success, I'm rooting for you. But more to the point, it's how this guy carries himself in those meetings, how he carries himself in this group because he is a guy that understands the stock market intimately and he joined our group because he kind of got sick of paying this massive tax bill that he had and he wanted to learn how to invest in real estate and utilize the tax code to lower his tax bill. And you would never know,
John Gafford 3:06
how much money this dude is bringing in every month because he carries himself. And I was looking for the word this morning for how he carries himself through those meetings. And the only word I can come up with is grace. He carries himself in those rooms as I'm so lucky to be here. I'm so grateful to be here learning from all of you guys.

What lessons can we learn from Leon's approach?

John Gafford 3:30
He comes in as a student every day, does not care what anybody thinks about him, does not care about his accolades, does not care about recognition for anything. He is there as a student first to learn. He doesn't care how you view him. He's there as a student and handles himself with such a way of grace that it's a lesson. And I realized to myself, man, I go to these meetings like this for years. And first and foremost with me, probably it's important that I come off important. And that's just dumb to be honest with you. Cause it's like, I look back probably at the energy and time that I spent looking important in these rooms when I could have been sponging information from some of the smartest guys in the business that do things different than what I do.
John Gafford 4:20
But instead I was more concerned about being seen as an equal elevated member of the room, whatever it was, which is just shocking to me that I should have just checked that. I mean, I made an investment for the education for what I would learn here. And instead I treated it as how can I be the biggest dog in a room full of big dogs? And that was just dumb.

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