Summary

The conversation explores the societal differences in decision-making and the shift from absolute truth to self-truth. It discusses the challenges of resolving conflicts when there is no common basis and the proliferation of laws to define behavior. The blurred boundaries of rights and the prioritization of exceptions over rules are also examined. The conversation delves into the concept of knowledge and whether it is found or created. It concludes with the importance of understanding different perspectives and respectfully agreeing to disagree.

Takeaways

Chapters

00:00 - Introduction

00:35 - Societal Differences and Decision Making

02:23 - Shift from Absolute Truth to Self-Truth

03:28 - Different Values in Business

04:25 - Gray Areas in Ethics

06:03 - Blurred Boundaries of Rights

07:00 - Exceptions Overrule Rules

08:59 - Proliferation of Laws

09:28 - Common Values for Resolution

10:40 - Use of Absolute Truth in Debates

11:55 - Validation of Sources

14:42 - GroupThink is Very Powerful

17:05 - Understanding Different Realities

18:33 - Knowledge: Found or Created? 

21:30 - You Can’t Create Something From Nothing

27:00 - Different Perspectives 

29:11 - No Standard For a Personal Belief 

29:25 - Not Having an Opinion on Everything

Summary

In this conversation, Keith and Ben discuss their 2023 experiences. They share their heartbreak over the Georgia Bulldogs' loss in the national championship game and recount the hilarious adventure of buying the Georgia van. They conclude by looking ahead to 2024 and encouraging listeners to make plans while being prepared for changes.

Takeaways

Chapters

00:00 - Intro to topic

01:10 - Pops gives a recap of his 2023 year

01:54 - Ben gives a recap of his 2023 year

03:10 - Keith gives a recap of his 2023 year

06:27 - Die-Hard Georgia Bulldogs Fans 

15:58 - The Georgia Bulldogs Van

31:24 - Closing remarks

Summary

Kieth, Ben, and Pop dive into all things dress and appearance. They share personal stories, opinions, and experiences about what type of dress codes are appropriate for work. Pop discusses how COVID has changed the way new generations view dress codes both in the office at in everyday life. In conclusion, Kieth and Pop are challenged to a one-question IQ test.

Takeaways

Chapters

00:00 - Intro

00:52 - Why is your appearance a crucial aspect of success? 

03:34 - How does your appearance play into first impressions? 

07:36 - Dress for the position

10:45 - Do you judge based on appearance? 

15:10 - Your appearance should reflect the role you want

19:03 - How should you dress in your everyday life? 

23:41 - How did COVID-19 change the game of dress and appearance? 

25:41 - Ben calls out Pop for his dress

28:41 - Spend a few extra dollars to look and feel your best

31:44 - If you try your best to look good it will pay off

32:10 - Sixty-second IQ test

34:17 - Conclusion

Summary

In this episode, Keith, Ben, and Pop discuss the concept of laissez-faire leadership and its application in the business world. They emphasize the importance of hiring highly motivated individuals who take ownership and accountability for their work. They provide insights on how to identify and attract top talent, including the significance of references and assessing a candidate's career-oriented mindset. They also discuss the role of autonomy and responsibility in creating an empowered work environment. Keith and Pop share personal experiences with bosses who embraced the laissez-faire leadership style and the positive impact it had on their careers. They highlight the correlation between retention rates and effective leadership, as well as the relationship between compensation and the complexity of problems solved. The episode concludes with a reminder to approach work with a career-oriented mindset and to strive for excellence.

Takeaways

Chapters

00:00 - Intro

02:06 - Defining Laissez-Faire

04:14 - Identifying and Attracting Top Talent

05:48 - College Degrees: Worthless or Valuable?

07:27 - Hiring for a Career Not Just a Job

09:14 - Hiring Candidates Who Invest in Themselves

11:02 - How Do You Handle Failure

11:59 - Showcase Success in Your Job Search

12:58 - Candidates With Self-Accountability

15:51 - Only Professionals Perform at This Caliber

17:34 - Empowering Teams and Setting the Tone

20:13 - Defining Highly Motivated People

21:50 - Examples of Laissez-Faire Leaders

25:13 - Retention and Turnover Rates Determine Your Management Style

27:41 - You Have To Earn the Lifestyle You Want

29:33 - Compensation Coorilates with Work Complexity

30:52 - New Zealand Soccer Teams Success

33:36 - Closing Remarks 

Summary

In this episode, Keith shares his experience of living and working in China for almost four years. The conversation explores Keith's journey, the opening of China to international business, cultural differences and misunderstandings, and the business opportunities in China. The main takeaway is the importance of gaining perspective through living abroad and experiencing different cultures.

Takeaways

Chapters

00:00 - Introduction and Background

01:54 - Keith is Sent to China

04:48 - Pop’s Background with Business in China

06:33 - Positioning Yourself for New Opportunities at Work 

09:52 - China Opens to International Business 

12:42 - Keith's Experiences in China

13:35 - Fork n’ Knife vs. Chopsticks Debate

15:55 - Learning to Say YES to Cultural Differences

21:23 - Living in China as a Foreigner

24:13 - What Determines Business in China?

25:54 - Perspective and Lessons Learned in the 80’s

27:52 - Cultural Differences: Internet in China

29:14 - Cultural Differences: Air Pollution Tied to China’s Economy

30:58 - Closing Remarks

Summary

The main theme of today’s conversation is the signs of the times, particularly related to disposable income and inflation. The discussion delves into the impact of taxes and multiple taxation on income. Keith, Ben, and Pop explain the difference between income and revenue and how they are taxed. They also discuss the importance of pulling out investments in anticipation of a potential market crash. The conversation concludes with an explanation of cash equivalents and the benefits of money market accounts. 

Deep Dive

The conversation explores various themes related to the current economic situation and consumer behavior. It discusses the impact of the pandemic on the value of old cars and the decrease in household income. The conversation also highlights the increase in consumer debt and its effect on public companies. The concept of borrowing as future earnings is explained, emphasizing the importance of consumer confidence in the economy. The origin of the term 'grocery' is shared as an interesting historical tidbit. The conversation concludes with a lighthearted anecdote about finding entertainment with limited resources. The conversation explores various forms of entertainment before the advent of Netflix and electronics. It delves into childhood memories of creative ways to entertain oneself, including shooting bugs with alcohol-filled water guns and frying toads with a dog zapper. The discussion also highlights the abundance of snake stories in the family and the fascination with these encounters. Overall, the conversation provides a nostalgic look at the ways people entertained themselves in the past.

Chapters

00:00 - Introduction

01:33 - Pop introduces topic

02:29 - Signs of the Times

03:00 - How to Determine the Signs of the Times

05:17 - Defining Disposable Income

08:53 - Defining Inflation

12:26 - Taxes and Multiple Taxation

17:50 - Explaining Taxed by IRS and Tax Refund

20:10 - Moving Assets to Cash Equivalents

26:17 - Finding a Cash Equivalent

27:00 - Benefits of Money Market Accounts

28:20 - Value of Old Cars example

32:56 - Bicycle Shop example

34:48 - Other Ways to Determine the Signs of the Times

37:33 - Household Income and Consumer Debt

41:31 - Borrowing and Future Earnings

44:00 - Choosing a Football Play Compared to Investments

45:31 - Is the Sky Falling? Is Time Running Out? 

49:00 - Investing in Seasons

50:57 - Origin of the Term “Gross”

Summary

In this episode, we explore the concept of success, focusing on financial and business success. The hosts, Keith and Ben, discuss the importance of being solution-oriented and saying YES to opportunities. They emphasize the need for self-awareness and knowing what you want in order to achieve what you define as success. Keith and Ben also share personal stories of failure and the lessons they learned from them.

The conversation explores the themes of self-awareness, commitment, and long-term success in the context of a career in public accounting. The 'get rich slow' scheme is discussed, highlighting the importance of investing time and effort to achieve financial success. The rule of six is introduced to understand the potential growth of salary in public accounting.

The conversation also touches on the importance of being part of a team and the complexity of decision-making in high-paying professions. The chapter concludes with closing remarks and a call to stay curious.

Overall, the conversation highlights the importance of hard work, self-awareness, and being at peace in defining and achieving success.

Takeaways

Being self-aware and saying yes to new opportunities can lead to personal and professional growth.
The 'get rich slow' scheme emphasizes the importance of long-term commitment and hard work in achieving financial success.
The rule of six demonstrates the potential for salary growth in public accounting over time.
Being part of a team and embracing the company culture can contribute to career success.
High-paying professions often require complex decision-making and a willingness to take on challenges.
Chapters

00:00 Introduction
05:07 Defining Success
07:05 Recipe for Success: Being Solution-Oriented
08:33 Recipe for Success: Saying Yes
10:00 Defining Success: Being at Peace
13:02 Defining Success: Knowing What You Want
15:20 Financial Success: Working Hard
18:16 Financial Success: Self-Awareness
21:17 Failure and Self-Awareness
24:27 Being Self-Aware and Saying Yes
25:00 The Get Rich Slow Scheme
26:25 Commitment and Long-Term Success
27:22 Investing in Your Career
28:20 Different Types of Accountants
29:18 The Rule of Six
30:12 Being Part of a Team
31:33 The Carrot of Financial Success
33:32 The Rule of Six and Compound Interest
37:09 Comparing Salaries in Public Accounting and the NFL
40:24 The Importance of Hard Work
43:13 Complexity and Income
43:45 Closing Remarks