0:07 happy sunday so this is a special edition of the way to wow show i'm your host kevin bemel and uh i do the way to wow people making money and sundays is kind of a kickback day for me i get up i you know get the laundry going i have breakfast and then i take a bike ride uh to the beach which is why my hair looks all you know like this um and this morning though i was i was thinking about how people become successful and as i was riding my bike um i i i
0:44 was thinking about all the different ways that that people approach it so and and reflecting kind of on on the the you know the week that that's end that ended and one of the things i did was i listened to um he's one of these sort of you know motivation coaches and he admitted that you know and he's giving one of these things about he's all sort of rah-rah-rah and and and up and all this you know sort of stuff um and he's and he said you know and he says my goal is to be positive for one entire day
1:22 i'm kind of thinking of myself wait wait you're the expert and yet you you can't stay positive for even an entire day i mean now by the way nothing wrong with that i'm i believe me i can't do i can't stay positive for an entire day right stuff happens that's just the way life is and you know my my friend michael and i have this thing we call it you know toxic positivity it's like you know uh i'm i'm telling you he's sick i how are you doing oh i'm doing great i can't get out of bed and
1:58 you know my head feels like it wants to explode but i'm doing great you know really positive well that'll you know come on let's i i think you know we need to live in the real world in the real world yes look being positive is useful i mean it's better to be positive than not but the reality is is some things happen that we'd be crazy to be positive about the disruptions in our lives sickness um i'm look if the last couple of years hasn't taught us this i'm not sure what will so i you know do do we i we gotta look
2:33 on i don't know you'll excuse them how awful this is but again is there a bright side to cancer i mean really come on so i i think we need to create a philosophy of success that reflects ourselves and how life really works so i you know despite being an absolutely terrible athlete i mean when i was a kid i always played you know left out right you know don't don't forget to dip your waiter
3:08 uh i really i've always liked sports metaphors and and i i use sort of sports lingo um you know throughout my life my dad was very much into sports the two proudest moments of my life from my dad's perspective was when i finally got a starting position on my junior high school baseball team and i caught a you know fly ball that was in sort of short uh left field and save the pitchers no hitter that was number one right
3:43 and i think the second one is even a bigger one i i finally got a starting position on my soccer team and by the way this is back when soccer was not popular at all in the us i got a starting position on soccer team and i broke my collarbone keeping one of the other team's players from you know scoring a goal my crowning achievements as an athlete right but i still love sports metaphors so i was thinking about of all things basketball probably the sport i'm the absolute worst at um of course i don't know how to play cricket
4:18 and things like that and um here's here's the thing in a way basketball has a a relationship to life when you think about it so there's three ways that you can score points in basketball you can make a free throw you can score a field goal or a two point shot you know two-point shot field goal and then there's the three-point shot right now if you think about it for a minute a free throw is nothing like real life i mean
4:53 you stand at the baseline nobody is is opposing you right i mean your team mates are kind of lined up there with you maybe you're getting like some good energy with you know and and you blink and and you know you either make it or you don't um and it all comes down to pretty much you know how much have you practiced okay and by the way i'm terrible free throws the second the two point shot so you've got four other people helping you make that shot that's the point of right of having five
5:28 people on a on a basketball team is you've got four other players right and and even if you're kind of you know a mediocre player you know like on an nba team like you know the other four people the other four players are they're you know tops in the world so you know and and and that's not a lot how life is like i mean we're lucky if we've got maybe a couple of people consistently on our side um and they're no offense to your friends or my friends or you know spouses or whatever but
6:03 they're probably not world class there's just only so many of those people around you know um elon musk isn't on my team right i can't go hey elon what do you think about can you help me he's like he's like who the hell are you excuse my french who the heck are you right so a field goal two point shot is not like real life either but a three point shot that's probably as close as basketball comes to real life because when you think about it you've got opposition to making the shot
6:38 and the opposition is so good it's essentially neutralized any help you're getting from anybody else that's why you got to take it from that three-point zone right and you're essentially on your own and unfortunately a lot of times that's that's how life is i mean even even when we have great friends you know sometimes a lot of times we're on our own they you know can't do the work for us and they they can't help us overcome the challenges well i mean they can they can you know help us but in the end we've got to overcome the challenges ourself
7:14 they can't oh we can't say you know um bob do me a favor overcome this challenge for me you know sue how overcome this challenge be a real pal yeah it's not gonna happen right we've got to overcome our own challenges and that's kind of how the three-point shot is so i was thinking about then i was like i wonder what is the highest percentage made of three-point shots in the nba it turns out it was made by a player named steve care i hope i'm saying his name right
7:50 because i don't know basketball um her care car steve carr maybe i don't know deborah carr that she was an actress with the same last name um he made over his 15-year career 45.4 of his three-point shots or another way of saying is he missed almost 55 percent of his three-point shots in other words didn't even make half of them right i mean that's i and and you know this is an nba this is
8:26 the top nba player right over his career which lasted from the um late 80s to the very early 2000s he had total career earnings of 15.8 million dollars okay in today's dollars that's about 24 million dollars over his career okay and then after he was done as a player he became a coach uh he now he's the coach for the golden state warriors and he's making i think nine and a half million dollars a year and a guy made less than half of his three-point shot now maybe he's like
9:02 well wait wait wait a minute wait a minute uh he probably made a lot of two-point shots well he did he made 49 of his two-point shots the top players in two-point shots making the low to mid 60 percent so in terms of two-point shots he ain't no big thing as they say maybe he made a lot of free throws and it is true he he made 86 of his three free throws um and that that is pretty high but i mean you know 86 of your completely uncontested shots
9:40 you know um if we could live uncontested lives we could probably hit you know 86 or maybe 75 that's not how life is life is not a free throw right so i'm thinking about this more and by the way just so you know uh steve carr care carr was a second round draft pick so he's not even the creme de la creme i've never heard of this guy i mean i've i've heard of you know creme abdul jabbar and kobe bryant and you know these great great players and and those of you who are basketball fans you probably know who i'm talking about for but for those of us who are not i don't
10:15 know who he is i mean look i'm not saying he's not a great player obviously he is uh but he wasn't you know the creme de la creme and we're not the creme de la creme either when it comes to business evidently you don't have to be right he's a second-round draft pick he still made you know the equivalent of 24 million bucks over his 15-year career that's that's not so bad right so so you're thinking about that more and i'm saying well okay still you know this guy he's he's a he's in the nba which is overall the top players in the
10:51 world so i mean are we half as good as he is are we a third as good as he is quarter probably not okay but maybe we're uh are we a tenth as good as he is well maybe i mean i i'm not exactly sure how you would measure that but you know is the average i don't know high school basketball player a quarter as good as the typical nba player a fifth is good a six i don't know you know guys out playing a pickup game on on a court are they 10th is good that's just kind of like your average
11:26 guy playing basketball let's just use that number a tenth is good we make on average 4.5 percent of our shots of whatever game it is we're playing without now i'm talking about in a business context okay only 4.5 now that should mean in some kind of weird way if you will that over our careers will make one tenth as much as steve carr made 2.4 million dollars right 10 percent of
12:03 24 million 2.4 million dollars so over a 20 to 30 year career that's somewhere between 80 to 120 000 a year that's not bad i mean frankly most of us don't make 80 to 120 000 a year right we only have to make four and a half percent of of our shots that we take right so let's see the typical basketball game is it takes about two to two and a half
12:38 hours to play not that's not the that's the regulation that includes all the time outs and you know whatever okay it's about two so let's say you know whatever business we're in each task whatever that is that we'll either be successful or unsuccessful in will take us about two to two and a half hours to complete okay so it's about 55 hours a month okay it's uh i work this out here wait a minute it's uh yeah yeah so it's about you know about two a little over two hours a week day
13:15 to do that 55 hours okay so [Music] if we're making even just eighty thousand dollars a year for for that for doing that two and two to two and a half hours a day one you know each each weekday okay and only being successful four and a half times four and a half percent of the time i mean one out of 22 times okay
13:50 we're making somewhere around let's see what i got here about 120 an hour okay i mean still that's that's pretty good i mean okay we're not making you know four or five hundred dollars an hour like a lawyer would but still 120 an hour that's pretty good right and that's only being successful for four and a half percent of the of of the tasks we do working 55 hours a month
14:26 roughly two two and a half hours a week day right and by the way you're saying oh what kind of business is out there like that there are there are businesses out there like that whereas a part-time business after you get going i mean you're not gonna you're not gonna start out immediately but if you work on it for two or three months learn how the system works yeah you could you can do you know what amounts to one out of 22 successful you know deals transactions whatever they are for that particular business
15:01 and make that kind of money so let me ask you this without all the rah-rah-rah you got to be positive you know can can you be i don't know a tenth as good as as steve carr see no no way can you be uh 20th as good as steve carr make forty to sixty thousand dollars a year by the way even if even if you're making fifteen dollars an hour that's only thirty thousand dollars a year
15:36 thereabouts right if you're working a uh you know a 40-hour work week right i mean can can you do be a 20th as good as steve carr how could you not you say oh it's so deflating to only make one out of 22. all right well so but still 1 out of 22 gives you 40 to 60 000 a year right it's food for thought right we don't we don't have to make 100
16:13 of the shots we take not even in free throws do players in the nba make 100 of the shots they take we don't need to make 50 of the shots we make we only need to make evidently 45 of the shots we take to be in the creme de la creme of success that's all it just takes the commitment to
16:49 you know keep trying and realizing that the first 21 shots if they fail but that 22nd one is is the one that counts i'm rabbi kevin bemel i'm the producer of the way to wow shows and i'm also the host of the way to wow people making money and thank you for listening to ymrl your motivation for real life