#56 - The Recession Proof Skill Sets

**Sam Parr** (0:00)
All right, it's 10:30 a.m. in San Francisco. I am by myself in the studio because Shaan wants to be with his newborn baby because he's a little nervous about this whole corona thing. He doesn't want to be out walking around. Don't blame him.
And I don't feel like talking about business opportunities right now. I stayed up late last night monitoring this whole corona thing in the stock market.
It's scary. It's a scary time. I don't know what the reality is going to be, how it's going to shake out, but it definitely, it's not a normal day. And I don't want to talk about normal stuff today because of that. And so I stayed up last night and I came up with a list of four skill sets that I've developed in the last 10 or 15 years, maybe longer, 20 years, since I started scheming, since I started trying to create businesses. And I want to talk about those today because in a way they're kind of like, I kind of think of them as my rock, my recession proof skill sets. And these things that I'm going to tell you have really changed my life.
And I think that if people use them, they're going to be impossible to stop. I think that you're going to be able to make a living no matter what. And I'm going to spend some time talking about these four things that I've learned throughout the years.
And I'm going to riff a little bit on them. I'm going to tell you the resources that I think you can turn to. Most of all of them are free or they're cheap books that you can go and acquire and read. And I think it makes a huge difference. And everything that I'm about to talk about, I've stolen from people that are smart.
A lot more successful than I am, that's for sure.
And my perspective I think is a little bit interesting in that we have this event called HustleCon and I've hosted about five or six of them at this point.
And throughout the years, we probably have had, I mean, we could have had 40,000 attendees throughout our events. And so we do HustleCon and we do all these other events.
And because I do these events, I get to have all these really powerful and interesting people come and speak.
But I tell everyone to show up a little bit early. So I get to spend about an hour with them ahead of time, typically privately or with just two of the other speakers, like maybe the one who just spoke and the one who will speak.
And I'm able to ask them pretty intimate questions because that's what I do.
I like to get the nitty gritty. And so my insight is coming from these people. And I'm talking about like folks who have started these really huge companies or who have accomplished really interesting or amazing things. And it's not just about money, but they're definitely successful if that's how you want to define success. But more importantly, they're successful in terms of just turning dreams into reality. And that's really what I think that this whole business thing is about, which is about dreams into reality. How do you take ideas and how do you shape the world according to those ideas? And it sounds fluffy, but I'm telling you this shit is really important. And so that's what I'm gonna talk about today. Some of these are skills, some of these are mindsets, mindset frameworks or whatever you wanna call it.
And so I'm gonna talk about these four and I'm gonna go through them relatively quickly, but I'm gonna add details and stories where I think it's effective. So let's get into it. I've got my notes here. I just jotted these down in the last few hours. So we're gonna go through them. Okay, the first thing that I've learned that's been incredibly effective, and these aren't in order, but this might be the most effective, which is controlling your emotions.
And this sounds like some generic advice, but I'm gonna walk you through it. We have a lot of companies work out of our office because we got a lot of space here. And when I started my business, someone let me work out of their office for free. And so we try to kind of repay that favor to other people just getting going. And I always meet these really smart people, people who worked at McKinsey or went to Stanford and did all this amazing stuff. And on paper, they are perfect and they are so smart. And I always tell them the same thing, which is this is not an intellectual game. This is an emotional game. Starting a business that is very successful financially, intellectually, it's very easy.