EPISODE · Nov 8, 2022 · 56 MIN
60: Mike Gardon - Investment In Loss
from Corporate Graduation · host Matt Doan
The trading life nearly destroyed Mike Gardon. Since stepping away, he’s obsessed with creating “life options.” At the core is the idea of “investment in loss”: to make significant changes, we often need to step backward. Today, his mission is to “break our mental constructs for what it means to make a living.” Enjoy! 📬 Get the newsletter: Uncaged Secrets 🌐 Show website: UncageYourself.FM *** TIMESTAMPS 02:17 Ironman mentality 06:37 Compounding personal gains 09:48 Stratify your goals 12:31 Mike’s childhood → career start 17:56 Rebelling against the default path 20:06 Investment in loss 23:31 Portfolio mindset 25:34 Passion for career coaching 27:50 Mike helping his former self 33:47 Involving your family in major change 34:52 Risk mindset for personal growth 37:00 “Is what you’re pursuing big enough?” 40:02 Life options 41:50 Skin in the game 47:03 Money, time, & energy 52:30 Uncaged = ownership *** TAKEAWAYS 1. Pushing yourself with a new venture is not just about the accomplishment. It’s the person you become in the process. 2. “What’s your Ironman race?” Find the near-term thing in your life that forces your growth. 3. The entrepreneurial journey starts with a flicker inside you (an inclination) before you take tangible action. 4. The ultimate safety isn’t choosing the “right” path; it’s creating life options. 5. Portfolio mindset: make multiple concurrent bets and see what sticks. Even with the “failures,” you’ll grow tremendously. 6. Slow down (even step back) to speed up. 7. In managing the risk of major life decisions, too many remain stuck protecting what they have instead of pursuing what’s possible. 8. “Don’t tell me what you think, [show me] your portfolio.” —Nassim Nicholas Taleb 9. “Every decision is an investment decision.” You must devote appropriate money, time, and energy to the transformation you seek. 10. Choose yourself. *** RESOURCES Connect w/ Mike on LinkedIn Career Cloud Podcast The Break Newsletter Connect w/ Matt on LinkedIn Follow on Twitter @MatthewRDoan Check the show on YouTube
What this episode covers
The trading life nearly destroyed Mike Gardon. Since stepping away, he’s obsessed with creating “life options.” At the core is the idea of “investment in loss”: to make significant changes, we often need to step backward. Today, his mission is to “break our mental constructs for what it means to make a living.” Enjoy! 📬 Get the newsletter: Uncaged Secrets 🌐 Show website: UncageYourself.FM *** TIMESTAMPS 02:17 Ironman mentality 06:37 Compounding personal gains 09:48 Stratify your goals 12:31 Mike’s childhood → career start 17:56 Rebelling against the default path 20:06 Investment in loss 23:31 Portfolio mindset 25:34 Passion for career coaching 27:50 Mike helping his former self 33:47 Involving your family in major change 34:52 Risk mindset for personal growth 37:00 “Is what you’re pursuing big enough?” 40:02 Life options 41:50 Skin in the game 47:03 Money, time, & energy 52:30 Uncaged = ownership *** TAKEAWAYS 1. Pushing yourself with a new venture is not just about the accomplishment. It’s the person you become in the process. 2. “What’s your Ironman race?” Find the near-term thing in your life that forces your growth. 3. The entrepreneurial journey starts with a flicker inside you (an inclination) before you take tangible action. 4. The ultimate safety isn’t choosing the “right” path; it’s creating life options. 5. Portfolio mindset: make multiple concurrent bets and see what sticks. Even with the “failures,” you’ll grow tremendously. 6. Slow down (even step back) to speed up. 7. In managing the risk of major life decisions, too many remain stuck protecting what they have instead of pursuing what’s possible. 8. “Don’t tell me what you think, [show me] your portfolio.” —Nassim Nicholas Taleb 9. “Every decision is an investment decision.” You must devote appropriate money, time, and energy to the transformation you seek. 10. Choose yourself. *** RESOURCES Connect w/ Mike on LinkedIn Career Cloud Podcast The Break Newsletter Connect w/ Matt on LinkedIn Follow on Twitter @MatthewRDoan Check the show on YouTube
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60: Mike Gardon - Investment In Loss
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