$800M Deal Burnout: Why Success Left Him Empty (Full)
On Solving America’s Problems, Jerremy Alexander Newsom and Dave Conley interview former GE executive Cruz Gamboa. He describes closing an $800M Latin America deal after six months of 8:30 a.m.–9 p.m. work with a 50-person team, leading to cognitive burnout and family damage. Even promoted, he felt nothing. Fear, scarcity, and identity tied to achievement trap people. Cruz contrasts the “old contract” benefits with the lie of guaranteed success as a “good soldier.” After a breakdown, he chose “I choose life” and rebuilt. They cover AI as an amplifier of intent, faith, gratitude, entrepreneurship, and founder financial literacy. Timestamps:
- (00:00) Intro
- (01:11) Welcome & First Impressions
- (01:35) The $800M Deal & Breaking Point – 50-person team, long hours, family cost
- (07:07) What Keeps People Trapped – fear, scarcity, achievement identity
- (18:04) "I Chose Life" — The Paradigm Shift – personal breakdown and decision
- (22:26) AI as a Mirror, Not a Threat – amplifier of intent
- (25:47) Steel-Manning the Other Side
- (27:46) Helping Founders Escape the Revenue Trap
- (33:37) Financial Literacy for Entrepreneurs
- (37:21) First Steps for Founders
- (48:07) The Story of Jonah & Finding Your Signal
- (59:01) Be Rich Like Jesus — Abundance & Faith
- (01:03:15) Lightning Round
- (01:06:56) Takeaways & Closing
Connect:
Transcript
The contract doesn't just break for the people it left behind.
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:Sometimes it breaks for the ones who won.
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:Cruz Gamboa did everything
the old Deal asked.
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:GE Capital, GE Verona, NBC, universal,
Unilever Regional CFO across Latin
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:America, near billion dollar deals.
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:My dog got it done by any
scoreboard you can name.
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:He came out ahead.
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:He stayed almost a decade past when
he knew something started changing.
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:Something was wrong and then he walked.
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:Not because it stopped paying,
because it stopped meaning anything.
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:My name is Jerremy Alexander Newsom
with my co-host Dave DC Conley, and
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:this is solving America's Problems.
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:My guy, Cruz now runs his own firm.
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:He built an AI powered financial
platform and designed the systems
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:that run his life from the ground up.
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:He helps founders stop chasing revenue
and start building something that doesn't
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:break them, and he believes the reason
most people will never make the move
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:it's harder to hear than any market data.
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:Cruz, welcome to the show.
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:Cruz Gamboa: Thank you Jerremy and
Dave, by the way, I love the intro.
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:I, my, I know I felt
it in the, in my body.
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:I, it's actually kind of funny when
you hear somebody else talk about
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:you in a way that makes you feel,
excited, welcome and powerful.
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:So I, I see you brother.
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:Jerremy: man.
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:Back at you, dude.
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:Back at you.
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:So homie, take, take me back
to that specific moment.
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:Right.
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:So it wasn't a decision, it
was a moment when you field.
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:When you realized that there was like
hollowness there, you know, what were
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:you doing and what actually did you feel?
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:Cruz Gamboa: I mean, I mean, it's, it's
actually kind of a cool story of, I
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:recorded a, a, a YouTube episode about,
about it, and I talk a, a a lot about it
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:when I, some of my, either with my clients
in my YouTube, videos, et cetera, because
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:it's, it was like, it's, it's like life.
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:It was life altering.
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:Okay.
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:So here I was trying to do
something that was worth me
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:getting promoted to executive.
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:Okay?
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:And, I moved into a new market, they.
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:For many reasons.
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:I was, put in, in Argentina and then, sort
of like responsible for Latin America.
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:We were doing zero business in
Latin America with ge, which is
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:crazy because, historically GE
had done a lot of business there.
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:2001 debacle, I mean, it was just like
we were closed for business in Argentina.
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:So they put me there sort
of to develop the market.
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:They gave me a timeline I needed
to get it developed in two years.
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:so I had that clock ticking, right?
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:I was like, from the minute that I woke
up every day the minute that I went
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:to sleep, that's all I thought about.
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:was really, obsessed with
solving this problem.
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:And I think eventually, there was
a path, there was an opportunity
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:to close an $800 million deal.
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:I started sort of like exp, I got
a lot of information, did all my
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:homework, the due diligence, et cetera.
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:I took it, the leadership team
and initially they were like,
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:eh, would we do this, et cetera.
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:And then I started like really like
working the, sort of the rooms and.
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:Phone and just explaining
it one by one to everybody.
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:So they would, I would basically,
I would, because everybody had
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:different objections, right?
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:Like, the guy had an objection.
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:The, the sales guy had an objection,
the marketing, like everybody.
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:And I just went by one by one
until everybody understood the
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:deal better than I did, right.
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:And they all gave me also
their own perspective, which
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:actually was very helpful.
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:And eventually I got into the
next committee and everybody,
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:was a revving fan of the deal.
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:So that's sort of like how I got
it positioned to where we could
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:actually have a conversation.
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:So I got it, I got it staffed.
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:So I had a team, to go
ahead and, and bid the job.
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:And here I was bidding the job,
trying to beat, Siemens, which we did.
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:up, up to this point,
everything is perfect, right?
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:It was normal.
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:Then we got, we got the award.
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:And then what happened is
the deal was so hairy, hairy.
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:It, it took literally an army of 50 people
from, like, we would go into this office,
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:our, our client's office, and we would go
in there like at say 8:39 AM work all the
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:way till 9:00 PM day for like six months.
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:Jerremy: smokes.
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:Cruz Gamboa: Okay.
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:Towards the, and I'm talking
like Saturdays, sometimes, most
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:of the, and towards the end
I was just, I was burnt out.
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:I was so burnt out, Jerremy when
I, like towards the end, right
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:towards the end, I, when, when I
was in the middle of a conversation
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:with, sort of my counterparties,
I would have to say like, can, can
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:we, can we stop here for a second?
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:Dave: Wow.
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:Cruz Gamboa: I, I, I think
I know what you're saying.
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:I just, just can't understand you.
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:Like I, I, like, I lost sort of like
my, my cognitive ability to, to process
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:what was being said to me because of
the, the tremendous pressures that
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:I was, that I was under there and
eventually the deal actually closed.
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:And like throughout this whole time,
my, my wife was, just super upset
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:the fact that, I was never home.
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:Jerremy: Yeah.
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:Cruz Gamboa: actually, like, I,
I miss, my daughter's, most of my
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:daughter's birthday, I ended up
coming in, but it was like I was late.
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:So, so a lot of that, right?
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:A lot of that, it created a, a lot
of animosity in my family, my kids.
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:And like, even till this day, my daughter
still remembers that I was gone for a,
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:a big portion of her childhood, and I,
I, when I think about it, I, it, it,
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:it makes me feel like, like an asshole.
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:Like, I, like, what the
hell was I thinking?
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:You.
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:I don't recommend it to anybody,
to, just get the, get the, the eyes
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:of the price, because I thought
the price was getting promoted.
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:I thought I was doing it for them, right?
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:Because I wanna, I, but in as much as
I would like to convince myself that
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:that was the case, I was doing it for
me, I was doing it for me because I,
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:I thought that that's what I needed to
do to, to just, just to be worth it,
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:to be worth their love, to be worth,
like, the, to become this professional.
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:it, it was all about ego and,
as well my, my, my back then
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:bruised and small ego, right?
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:I've grown since, I've grown since,
but, yeah, but that also, I did it.
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:Jerremy: so, I mean,
you're working tirelessly.
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:You and the team, you're,
you're burning out, right?
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:So you, sounds like you stayed a long
time past when you knew you were done.
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:When you, when you think about what
actually kept you there, 'cause
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:there's so many people, right, who
are in this position, there's so
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:many people who are doing exactly
what you just mentioned, right?
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:They're working the 12 hour days,
they're missing the parties and
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:the graduations and the, and the
birthdays and all the things.
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:What do you feel like keeps
someone trapped in a job that
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:makes their life miserable?
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:What's the, what's the emotion?
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:What's the feeling?
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:Cruz Gamboa: It, it's really clear to me.
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:It's the fear, right?
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:It's the fear.
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:It is the scarcity mindset.
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:Is the thinking that your identity
is tied to, to this big achievement.
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:But because I, I mean, I'm not
gonna lie to, to, when after
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:that deal, when I closed it,
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:Jerremy: Yep.
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:Cruz Gamboa: I, I was promoted to
executive and people will, compliment me.
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:They're like, oh my God, that's
great that you got promoted.
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:Congratulations.
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:And I'll be like, yeah,
I, I didn't feel anything.
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:I didn't feel like better.
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:I actually just had more problems, to be
honest, more responsibilities, et cetera.
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:so there, there is this thing where
we, we believe that our identity is
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:tied to all of these accomplishments.
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:And in the end, once we accomplish
something, we are like, well, maybe I, it
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:is not just executive, I should be like.
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:executive, or I should be like the
CEO or I should be like, there's
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:always something else to conquer.
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:Jerremy: Yeah.
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:Cruz Gamboa: And when we, and when
we tied our identity to that level
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:of achievement, then we forget
what's important in our lives.
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:And then this is no wonder why many,
successful CEOs end up being alone.
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:their kids hate them, and,
maybe their employees hate them.
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:and then yes, and maybe they may,
they they have a legacy because
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:they, they did something great.
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:Like, for example, Steve Jobs, right?
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:I mean, who doesn't like Steve
Jobs for his achievement?
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:But would you be Steve Jobs friend?
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:Would you like Steve Jobs as your father?
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:Jerremy: Yeah, it's a really,
really, really good point, man.
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:And a lot, a lot of people say no, I
mean, from what, at least never met him.
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:But from what we've heard and.
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:I think that's, that's probably
called misalignment to some degree.
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:like where we, we are,
we're told something.
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:Right.
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:I think that's, that's really the, the
topic of this podcast in a way is like,
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:we are told and sold this contract of
this is how it's supposed to be, this
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:is how it's supposed to work, right?
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:You have to do all these things.
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:You get the achievements,
you get the awards.
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:So for you, right, you had
a version of the deal that
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:definitely worked to an extent.
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:You got an MBA, uh, you,
you had the executive title.
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:You closed on this $800 million deal
from the What did the old contract
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:deliver that matched the promise?
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:It's like what did you get that
you were told that you were
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:gonna get when you were young?
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:And then what part was always a lie?
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:Cruz Gamboa: That's a
great question, brother.
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:so I, I gotta tell you.
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:Yeah.
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:you, you just make me think.
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:so the part that I got obviously
was partly a compensation.
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:Okay.
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:and I'm, I'm still kind of
like benefiting from that.
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:I mean, I got a lot of stock options
and at the time, GE stock wasn't
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:doing really well, but now, with
GE Verno, et cetera, now it is.
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:So, so my, my stocks, my equity
has gone really, up since then.
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:And, and also honestly, it deliver
on creating this baseline level of
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:leadership I still carry with me.
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:Okay?
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:So, all the skill, all my,
sort of, my leadership skills.
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:come from that time.
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:My, sort of my, my, business acumen,
came, there was forged, through
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:many, many, scoldings, many, like,
failed deals, many, successful deals.
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:so all of that, that whole
experience was very much worth it.
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:I got, more than an
executive level education.
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:I got, sort of like, the opportunity
to work with leaders, excellent
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:clients who, have, big, big, big,
big companies, with big problems.
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:And I, I help some of them
solve some of those problems.
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:And, that just stays with you, right?
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:The confidence that anything,
any type of problem.
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:I mean, I'm not afraid to a billion
dollar deal if you said like, cruise,
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:help me close these $1 billion deals.
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:So I'll be like, yeah, let's do it.
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:So some people be like, oh my God,
I've never done something that
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:big because they've never done it.
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:Right.
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:But I, I have, and
therefore I'm not afraid.
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:I know that a billion dollar deal,
yes, there's more, much more at stake,
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:but you solve it in the same way that
you will solve a, a $10 million deal.
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:So, so, so that confidence
is, it's, priceless.
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:Jerremy: Yeah.
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:Cruz Gamboa: So that's what it delivered.
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:Jerremy: Okay.
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:So you got the Yeah, the
confidence, which dude is a big one.
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:so what was the lie then?
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:Cruz Gamboa: The lie is that if
I continue to be a good soldier,
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:if I continue to, um, just play
the game, if I continue to, uh.
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:Basically like my desires and maybe
not speak up when I saw things
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:that went, that weren't right.
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:Okay.
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:That I would eventually make
it, and that I would eventually
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:be quote unquote successful.
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:It was never set like that, but it
was set, there was a version of how
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:it was explained to me, the, the,
the gaslighting, but not obviously,
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:and now, and I, let me, let me say it
very It's not like I, I want to make
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:it clear that it's not like, people
in corporate are actually like trying
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:to memorize a script so that they can
indoctrinate you and change your mind.
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:This is who they are.
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:They are only being what they
have been taught to be from their
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:mindset in a way that's, that's
just, that's just the only way.
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:You know what I mean?
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:So it's not like they're trying to be,
there's, there's no evil behind it.
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:There's only this, this trauma.
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:Actually for some, for many a people just
comes from, even from their own childhood
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:traumas of trying to prove that they can
be ultra successful trying to prove to
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:themselves, to their parents, to somebody.
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:Right?
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:Isn't it crazy?
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:Jerremy: yeah,
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:Cruz Gamboa: Isn't it crazy?
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:We go, a lot of people go
to corporate and stay there
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:because it means, you know what?
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:Fuckers, I prove you wrong.
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:You know, I could be successful,
you know, daddy, have daddy issues,
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:but it's okay because now I prove
you that I can make it right.
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:Jerremy: Yeah.
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:Which I
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:Cruz Gamboa: Yeah.
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:Jerremy: that's, that's
kind of, that's kind of all
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:accomplishment, good and bad, right?
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:Which is, it's the fuel and it's,
it's the alignment that causes it.
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:you, you used an
interesting word there, man.
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:You said evil.
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:so to get political 'cause, right,
this is a political podcast.
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:I just love your, I would
love your thoughts on this.
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:Like when you look at the workforce
problems that we're tracking, and in this
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:series, and really in this, episode there,
there's workers who can't find stability.
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:And then you also have a large,
of people who can't afford homes.
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:this a system malfunction or is that
the system functioning exactly as it
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:was designed to keep people as slaves?
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:Cruz Gamboa: Yikes.
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:That's a heavy one.
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:maybe we should just like, peel
the onion a little bit, right.
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:Jerremy: Right.
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:Let's do it.
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:Cruz Gamboa: Because, it's a,
it, there's just a lot to unpack.
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:first of all, when you say that this
system is failing, people in a way that
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:I think I'm paraphrasing what you said.
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:I mean, it's failing some and not others.
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:I mean, I think for a, a, a great amount
and numbers of people, they believe that
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:this is, this system is the way they
actually are benefiting from the system.
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:sometimes they can't even understand
the reality of those who are not.
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:Right.
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:And they see it as, as
oh, I'm doing the work.
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:I'm, I'm, I'm going to work every day.
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:And, and it's those people who are lazy
or whatever it is that they, stories
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:that they make up in their mind.
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:And maybe they say that
that's what they're like.
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:The others who are not.
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:Seeing it their way.
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:That's the reason, right?
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:Like, you're, you're not putting the
effort, you're lazy, you're dumb.
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:You, you don't, you didn't pursue an
education, I mean, you could say whatever
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:it is, everybody's gonna have their
own, their own, their own, perspective.
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:I mean, we just have to be careful
because, I mean, not everybody
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:believes that this system is failed.
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:Do you, do you agree with that?
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:Jerremy: Yeah.
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:Yeah.
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:Yeah.
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:There's, I mean, but that's,
that's the, the matrix, I
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:guess kind of the thing, right?
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:Like fish.
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:Fish, don't know they're in water.
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:Cruz Gamboa: A thousand percent.
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:Jerremy: Yeah.
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:Cruz Gamboa: And then eventually for
others, they, they, they also believe
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:that the problem is the system.
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:Jerremy: Uhhuh.
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:Cruz Gamboa: So,
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:Jerremy: Uhhuh.
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:Cruz Gamboa: instead of like saying
like, well, what I mean the problem
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:is me, I'm get to make my own choices.
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:They, they think that the problem
is the system is the man is whatever
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:it is, is, is the president, is.
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:make up all the stories and then all of a
sudden they accept that that's a reality,
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:and they, and then just get stuck because
they, that's a reality that, that's
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:just the world the way it is, right?
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:So, so I did a little bit of
a reframe of your question
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:Jerremy: Yep.
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:Cruz Gamboa: because what I've come
to, realize, at least for myself, most
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:of our problems are our own beliefs.
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:Okay?
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:Jerremy: Yeah.
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:Cruz Gamboa: whatever, like, whatever
somebody, whenever somebody tells
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:you that something is wrong and the
system is wrong, or whatever it is,
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:I mean, I, yes, maybe there is some,
some of that, but there's also your
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:ability to make powerful choices.
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:if you, and if you believe eventually
that, I mean, has different
325
:beliefs when it comes to their,
their own spirituality, right?
326
:But if you believe that the kingdom
of heaven is within you, and that
327
:you have the ability to create.
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:because the kingdom of
heaven is within you.
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:Right?
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:Jerremy: Yep.
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:Come
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:Cruz Gamboa: that power.
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:You can do miracles bigger
than than the man, than Jesus.
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:Then, yeah.
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:Then so what are what?
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:What is it that you're
allowing yourself to become?
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:Jerremy: And I love that perspective.
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:I love that reframe.
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:And really, I love the, the, the
transparency and the truth to that
340
:because the reason that I ask that
question also is heavy as it is.
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:we really find is that's
generally what people do, right?
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:They blame the outside.
343
:one of my sayings is, the enemy is in me.
344
:it, it's all of our perspective.
345
:It's all of our perception.
346
:And I'd love to know what gave you
your personal perspective shift.
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:Like, 'cause what it sounds like
to me when I hear you, least I feel
348
:like it sounds like, and seems like
you have a, you've had a paradigm
349
:shift that's really, really powerful.
350
:And it's also an internal one, right?
351
:Meaning you, you begin to see yourself
differently and you begin to see
352
:the world differently because your
beliefs got changed at some point.
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:'cause you're, you're speaking at such a
high vibration of consciousness that it's,
354
:it's very Uh, and it's, it's incredible.
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:And that's why I invited you 'cause
you're such an awesome person.
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:But tell our listeners, man, like
where did that paradigm shift come from
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:Cruz Gamboa: I chose life.
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:Jerremy: when.
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:Cruz Gamboa: Yeah.
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:I mean, I, it was right around, when
I started my own company and I was
361
:finishing, I had just finished, a
book that I wrote, and I was, getting
362
:my few client, my first few clients
I was living with my, at point, my
363
:partner, which was used to be my wife.
364
:But then when I got divorced and then I
got together with her again, and, things
365
:were kind of like working out and then
of a sudden we, we separated again.
366
:Like, she just went, like, I
was going to on a, on this trip.
367
:And I was supposed to, to go and
close a, a, an m and a deal and I
368
:was gonna make a, a ton of money
on that, $300,000 to be exact.
369
:And, and like two days before that
happened, she threw the, the bomb at me.
370
:that, she didn't wanna be together.
371
:And that just set me up on this
spiral, negative spiral, right.
372
:And I just like, I was just
like, holy shit, here I am.
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:I'm trying to follow my own path.
374
:I came back to my ex-wife because I
thought she was going to, like, that
375
:was like the thing that I needed
to do to be closer to my family
376
:and to, make up for some of the
mistakes that I felt guilty about.
377
:Like, for example, like not being present
378
:Jerremy: Yep.
379
:Cruz Gamboa: like spending so much
time, at work and all of that.
380
:And, and I just felt like that set
me up in the, in the wrong way.
381
:before I went to close the deal, the
deal that was supposed to take a month
382
:took three months, and then like two
days before, the deal actually closing,
383
:the buyer just said, we we're out.
384
:And, I had spent all this time away
in a, in a different country, trying
385
:to close the deal, leading with all
of my, my pain, dealing with all
386
:my insecurities about the future.
387
:I broke brother,
388
:Jerremy: Yeah.
389
:Cruz Gamboa: I broke down,
390
:Jerremy: Yeah.
391
:Cruz Gamboa: I broke down.
392
:And and
393
:Dave: Yeah.
394
:Cruz Gamboa: bad thoughts.
395
:felt like, just like, it was
just like, what is this shit?
396
:Like, why does it have to be so painful?
397
:And, and I was, I was
wondering at some point, I.
398
:Can we, can we say that I was doing a,
you know, my own ceremony on my own?
399
:And, and remember, something came up.
400
:I was like, have the television and
something came up on YouTube where
401
:this, there was this native woman
with, she had like, like a cup,
402
:like, and she was like this, right?
403
:Kind of like, I guess off like
an offering, like, here it is.
404
:And I was just like, what
is he trying to tell me?
405
:And I was just like, what
is he trying to tell me?
406
:And then I just basically in my mind, the
way that I interpret all of that is that
407
:always had an opportunity to choose life.
408
:And then I just said it out loud, I
choose life and I just like snapped.
409
:And I said, I'm in control.
410
:getting my shit together.
411
:And I did.
412
:I, I went back.
413
:I said, well, screw this deal.
414
:I'm done.
415
:I left, came back to the States.
416
:I started to, work on my Rolodex,
got clients and started my journey
417
:to restructure my company and to,
make it to what it is right now.
418
:But it was, it was a big energetic shift.
419
:It was, it was me making a
decision I wanted to be in
420
:control, and it was up to me.
421
:And, there was nobody to blame.
422
:My, my ex-wife was not to blame.
423
:My, my choices were my own.
424
:Okay.
425
:And that's it.
426
:I choose life.
427
:Jerremy: Come on man, dude.
428
:And thank you.
429
:Thanks for making that choice, man.
430
:World's a much better place because of it.
431
:Yeah, man.
432
:Thank you.
433
:Thank you for making that choice.
434
:Thanks for making that decision.
435
:That's really what it is like in life.
436
:Like when we decide to do
something, we, the, the word decide
437
:means like to cut off, right?
438
:Like to cut off every other
choice, every other avenue.
439
:Like, this is what we're doing,
this is what we're focusing on, this
440
:is what we're gonna specialize in.
441
:And you saying, Hey, not only am I
gonna choose life, I'm gonna choose
442
:to build this incredible company
that does these incredible things
443
:and help these awesome people.
444
:Is, is very, very powerful.
445
:Cruz, can we, can we shift gears
and talk about like, artificial
446
:intelligence for a quick second?
447
:'cause I think the loudest story
right now that everyone hears is that
448
:AI is coming for everyone's jobs.
449
:And you fired your va, I believe,
and built a personal AI system
450
:to run yourself and your business
like so from that experiment, is AI
451
:the threat or is it a mirror that
shows something more uncomfortable?
452
:Cruz Gamboa: Wow.
453
:That's a great question too.
454
:You're on fire.
455
:so yeah, I mean, I, I, for the
last, I'd say three years, had
456
:been on the AI rabbit hole and I.
457
:I I don't wanna say that
I'm an AI guru, okay?
458
:I mean, who is?
459
:But, I, I embrace AI because
I understand AI is simply,
460
:something that, makes bigger.
461
:What, what is so, the best example
that the way that I, somebody said
462
:something to me that just like clicked.
463
:they said they, the way to think about
AI is that, is, if you wanna put it in a
464
:formula, is basically knowledge square.
465
:So if you, it, it could be knowledge,
it could be like you, right?
466
:Maybe that's even a better
formula U Square, right?
467
:So
468
:Jerremy: Oh,
469
:Cruz Gamboa: if you have, if you have
knowledge, you have good intentions, if
470
:you have a big mission, you have, just
put everything on that bracket, right?
471
:It's just going to make it exponential.
472
:I mean, it could be, it has the
potential to make it exponentially,
473
:quote unquote evil, right?
474
:For, use it for bad reasons
or bad intentions, or it could
475
:make good things into life.
476
:It could make, it could accelerate
the speed as to which you
477
:create impact in the world.
478
:And that's what I'm choosing.
479
:I'm choosing to see AI as a way to
expand what I'm trying to bring into
480
:the world, and to do it faster, to do
it more efficiently, and to do it in
481
:a way that I deliver the most impact
to the highest amount of people.
482
:my choice.
483
:Jerremy: Dave, you feel, do, do
you feel the same thing, Dave?
484
:I mean, 'cause you and Cruz
kinda have similar backgrounds.
485
:I feel like, I feel like you guys have
done the, the, the big boy putting
486
:on your big boy pants, type of jobs.
487
:And then there's, there's always
that shift in that decision.
488
:And I feel like you know a little
bit about offerings from cups also.
489
:Dave: Yeah, being, starting in
technology and really being
490
:in the position of, like,
fundamentally changing the world
491
:with the internet and then, and
then going through and getting
492
:really disillusioned with that.
493
:And, and then quitting, starting my
own businesses, and then spending
494
:a real decade figuring out who
I was and, and what that was
495
:all about, and in a sense, in a
sense, finding, finding the meaning
496
:and realizing that the work that
I do had a running theme and
497
:the businesses that I started,
and that was, That the work that
498
:I did had to have a fundamental
impact, both for myself and for
499
:the, for the, people around me.
500
:It's why we work together, because
I know the work that you do
501
:and the things that I support
are changing the world and are
502
:going to have a huge impact.
503
:That's why I'm all in on that.
504
:And, I think that the, the
piece that I still think
505
:about, and maybe this is a
question for you, Cruz, is
506
:that there is a.
507
:Let's steel man the
other side of this.
508
:The hardest critique of, of, the
hard part is the inner work.
509
:like there is a reality for
people that didn't start like I
510
:did or didn't start like you do.
511
:There's a reality for like a
42 -year -old whose job just
512
:got automated, whose resume is
warehouse floor, and the idea
513
:of, quote, becoming your highest
version of yourself, might be
514
:what, Someone who's already won
says to people who really never
515
:had that kind of starting line.
516
:So, make the argument as strongly
as you can and then, tell me why
517
:you'd still hold your position.
518
:Cruz Gamboa: Jesus a, a Jewish man living
in a time where there was no computers,
519
:there was no technology to speak of.
520
:Okay?
521
:no army, had no wealth.
522
:Nothing really for our standards
right now, he'll be poor.
523
:Okay?
524
:And 2000 years later,
his impact is being felt.
525
:And it doesn't matter if you're like
Christian or Jewish or Muslim because
526
:I think that his, his message goes
beyond, what we believe Christianity
527
:is, his message is universal.
528
:he did the work.
529
:I'm not sure exactly
how, but he did it right?
530
:And so if he did it with less resources
than we, so if we have a role model
531
:out there that has proven to us that
you can live in this world and make
532
:a difference with zero resources only
yourself, what other example do we
533
:Dave: Hmm.
534
:I love that.
535
:And for those listening
to this, we're actually
536
:taping this on Good Friday.
537
:Jerremy: Yeah.
538
:Great time to feel that love.
539
:Yes.
540
:Yes, yes.
541
:alright man, so I mean, like right
now I wanna talk a little bit more
542
:about your current business, right?
543
:So you help founders a
very specific trap, right?
544
:Making revenue, but can't make payroll.
545
:They feel the burnout, they hate
that they end up paying the business.
546
:And when you zoom all the way out,
is that the same psychological
547
:architecture that the American
workforce is stuck in right now?
548
:Or is that something different?
549
:I.
550
:Cruz Gamboa: I love every
one of your questions.
551
:This is a great question too.
552
:so, so yes, because I, by the way, I, when
I think about my, let's just establish
553
:that I, that I am a, I'm a faith-driven.
554
:Entrepreneur.
555
:Okay.
556
:And not, not in the sense that some people
think, like, I'm not necessarily like, I
557
:mean, I believe Jesus is a role model, but
I'm not talking to only the Christians.
558
:I'm talking to anybody who believes
that there's a, there's a higher power.
559
:Okay.
560
:I see what I do.
561
:An extension of my, my calling.
562
:Okay.
563
:I came to this world to help others.
564
:I know what it feels like
to go through burnout.
565
:I know what it feels like to feel
like you, like you're about to
566
:lose everything in your life,
or I've lost it for that matter.
567
:And what I see is that a lot of my
clients are people who are, who started
568
:their companies because they also had a
calling, because they also had a mission.
569
:And they, day to day, basically they
not knowing exactly how to manage
570
:a company basically ended up like
turning them in this, into this.
571
:Firefighters who are basically working
for others, who are working to, for
572
:their employees, their clients or
whatever, and then all of a sudden,
573
:they, they're working harder than
everybody else and bringing less
574
:money, at the end of the month.
575
:Jerremy: Yeah.
576
:Cruz Gamboa: Okay, and how long can you
continue to do that before it actually
577
:like, like weakens you before it actually
like, makes you feel that you are
578
:wasting your time and basically start
maybe hating you and your business and
579
:regret the choice that you make to, to.
580
:Get your business to
the next level, right?
581
:So that, that to me, I see my, I see
my work as a ministry, I see my work.
582
:My number one job is to help these
entrepreneurs who want to create an
583
:impact in the world, to put the systems,
the frameworks, the, the operating
584
:rhythms that they can step out of that,
primal state, into their power, and go
585
:into a more powerful state and start
the mission that they came here to do.
586
:That, that's in a, in a nutshell, a
more elevated explanation what I do,
587
:Jerremy: Yeah.
588
:Cruz Gamboa: I do it through, through
using my, what I know how to do best,
589
:which is my son of genius, I guess
you could call it that, which is
590
:being a, a, a, a finance, a corporate
finance expert, and a strategist.
591
:And, and I, I have, I mean, I, I, I
learned a ton about, business on a, on
592
:an MBA, but what I've learned the most
by doing business, by the experience
593
:of seeing what works and what doesn't.
594
:Okay.
595
:Jerremy: Oh
596
:Cruz Gamboa: And just getting really
disciplined, the disciplined of, of doing
597
:the thing that is uncomfortable putting
together the foundational piece when
598
:everybody is calling you to go in and
spend hundreds of thousands of dollars or
599
:tens of thousands of dollars on ad sales
because that's how you're going to grow.
600
:And basically getting your attention of
the things that actually matter, which
601
:is to put the foundations that you can
build your business from a strong place.
602
:So I, a lot of people when they
come to me, they, these are
603
:entrepreneurs that want to scale
their business, but they understand,
604
:they probably try that already.
605
:Right.
606
:They were, they went from like
one to 5 million and then all
607
:of a sudden the machine broke.
608
:And now they are in suffering.
609
:Now they are concerned.
610
:Now they are thinking that, they're one
quarter away from being going bankrupt.
611
:Okay.
612
:Jerremy: Yeah.
613
:Cruz Gamboa: And, and cr my, the system
that I created is basically, is a system
614
:for, to give them the awareness and the
tools to, to convince them that that's
615
:doesn't necessarily need to happen.
616
:But that there's, you have to do the work.
617
:You have, we have to get clarity.
618
:We have to clean your books.
619
:We, you have to look at your books.
620
:You know how many people
don't look at your, at their
621
:books at the end of the month?
622
:Jerremy: Yeah, most.
623
:Cruz Gamboa: Most, most entrepreneurs mul.
624
:I'm talking not just like
a hundred thousand dollars.
625
:I'm talking like multimillion
dollar entrepreneurs.
626
:Don't ever look at their,
at their financials.
627
:They only look at their revenue from
their CRM and their cash, their,
628
:their cash balance, their account.
629
:Right.
630
:Jerremy: Yeah.
631
:Cruz Gamboa: That's a financial
management system that exists in,
632
:I, I mean, I don't, I, I'm going to
venture to say that at least in 90% of
633
:the companies that I, that I've seen.
634
:Jerremy: Wow.
635
:Cruz Gamboa: how do you
expect a different result?
636
:Like, how do you expect to be successful
and to scale a business sustainably
637
:if you don't even understand it?
638
:You don't, you don't take the time to set
things up in a way that it's repeatable.
639
:It's, it's discoverable.
640
:And it's easy to explain
to yourself and to others.
641
:So that, that's basically what I do.
642
:Jerremy: Feel you.
643
:right.
644
:Bu building, scaling cfo.io.
645
:So you're, you just said it, right?
646
:Most founders, they, they're
never learning to predict
647
:Cruz Gamboa: Okay.
648
:Jerremy: right?
649
:Profit or cash flow.
650
:They, they're just chasing
revenue essentially.
651
:What would, what would be the
financial literacy answer to like
652
:what it is that you're describing?
653
:Like what's, what is that called?
654
:If they were to learn it in school or
to be taught it by a mentor like you?
655
:What's, what, what is that?
656
:Cruz Gamboa: First of all, it's very
simply the fact that you need to
657
:actually look at the thing, right?
658
:Just start with that.
659
:Just like if you wanna know if you're,
if you are, for example, if you, if
660
:you wanna know if you're losing weight
or gaining weight, what do you do?
661
:You look at the freaking scale, right?
662
:Jerremy: Yep.
663
:Cruz Gamboa: You measure yourself,
664
:Jerremy: helped.
665
:Cruz Gamboa: okay?
666
:So you don't go like, Hey, you
kind of look a little chubby today.
667
:You don't, I mean, you
don't do that, right?
668
:You actually get on the scale, look at
the thing, and they're like, oh, okay.
669
:I mean, you can do it like once a quarter.
670
:Or you can do it every day and then
just keep a, a tally on whether you
671
:are getting better or getting worse.
672
:Right?
673
:Jerremy: Yeah.
674
:Cruz Gamboa: So this, this thing that
I just explained to you, if people,
675
:if 90% of entrepreneurs just are doing
this when it comes to their financials,
676
:the world will be a better place.
677
:Let me put, let me, me
make that statement.
678
:Jerremy: but when you say look at their
financial, what are they looking at, bro?
679
:Is it like a p and l statement?
680
:Is it a
681
:Cruz Gamboa: No, they're looking,
no, bro, they're, they're looking
682
:at their, at, at their sales report,
maybe their profit report, right?
683
:It's like, like sales and gross margin.
684
:That's it, right?
685
:And then maybe operating expenses, they
have a very, like, fairly good idea.
686
:But the reality is revenue
is not the same as profit.
687
:And profit is not the same as cash if
you don't understand like the conversion
688
:that happens between those two things.
689
:And by the way, if you don't understand
whether you are redeploying and
690
:reinvesting the cash that you've got
things that are going to create value.
691
:Then what are you doing?
692
:Because in the, in here where, where we
have these companies, because we, we want
693
:to create value, not because, I mean,
yes, also because we want to eventually
694
:maybe sell them or exit, but also is the
more value or companies have the more
695
:that we can deliver in the world, because
now you have more resources, right?
696
:If you believe that inherently whatever it
is that you do is something that the world
697
:needs, you need to, you need to embrace
it and then just try to make your company
698
:as valuable and as, as powerful as it can.
699
:I mean, being, being nice, being,
being a good person and being
700
:broke is not a good recipe.
701
:I mean, maybe it, it worked in the past,
you know, but it doesn't work today.
702
:Jerremy: Oh, that's good dude.
703
:Bro, if you're a great
person, you're broke.
704
:You ain't doing the world a service.
705
:You ain't helping many
706
:Cruz Gamboa: Absolutely not.
707
:Jerremy: Come on, man.
708
:Yeah.
709
:Well, I, I, I say actually that people,
and this is a, this is a big, bold
710
:statement when I speak it on stage, but
I'm like, if you're making $50,000 or less
711
:a year, you're actually pretty selfish
because who, who do you actually help?
712
:Right?
713
:If you make $50,000 a year, are
definitely struggling financially
714
:and any city in the US at least, you
aren't feeling extremely exuberant.
715
:You're not feeling extremely abundant,
and you most likely aren't donating often.
716
:Right.
717
:And I mean, if you do donate, I
mean, how much are you donating
718
:if you make $50,000 a year?
719
:Like it can't be that much.
720
:So who are you really, really helping?
721
:And to your point, business is an
incredible vehicle and almost like
722
:a, almost like a beautiful mirror or
like a representation of our inner
723
:work, of our inner journey of our.
724
:Of, of our destiny, of our
like, like what we're here for.
725
:like we can create it and build it and
actually provide it for other people.
726
:What would you say man, is like
the step for a founder if they
727
:find that self in their position?
728
:Because, I mean, we, we have
thousands and thousands of people
729
:that are gonna listen to this.
730
:Like, if someone out there feeling this,
would a, what would a step be for them
731
:to actually start the process of both
the, I dunno, let's call it the spiritual
732
:paradigm awakening internally and also
the business or idea or paradigm shift
733
:of like working in an on your business.
734
:Like what is the first step?
735
:Cruz Gamboa: The way that I,
from my perspective, right.
736
:If you feel like you, you don't
have a good handle on your
737
:finances, the first thing that
you should do is just accept it.
738
:It's just acknowledge that you have a
blind spot and, and it's perfectly okay.
739
:You could be really good at sales,
you could be really good at marketing.
740
:You could be really good at
product, at your craft, right?
741
:don't have to be good at everything.
742
:And if you are not good at
something, just have the, audacity
743
:to be humble and just say, what?
744
:I'm not good at this.
745
:And, and just seek the help that you need.
746
:And, and if you don't know who is the
right person to help, then ask questions.
747
:Like, for example, some peoples
try to run their companies just
748
:by using maybe their bookkeeper.
749
:And, and I love bookkeepers.
750
:I have many friends who are big
bookkeepers, but bookkeepers
751
:are not business people, right?
752
:So to have a financial conversation
with a bookkeeper is going to be.
753
:A conversation that is not
gonna be very complete.
754
:Right?
755
:Jerremy: Yeah, totally.
756
:Cruz Gamboa: So, yeah.
757
:Yeah.
758
:So if you, if you need, if you need
to have a meaningful conversation
759
:and somebody who like, breaks down
the complex concepts for you, then
760
:just seek the person that has that
authority and that can actually,
761
:you can have a more meaningful
conversation and don't see it as a,
762
:as a spend, it's an investment, right?
763
:Like, for example, for me, I, I, most of
the work that I have been doing so far
764
:has been with my own clients one-on-one.
765
:And then I realized, I was actually,
this past Monday, I was, kinda like
766
:working on my strategy with, my coaches.
767
:And and what they said is like,
you what you do, more people have
768
:to have to receive that message.
769
:You have to like, take
that to the next level.
770
:And for me, for example,
what I'm creating.
771
:Is I'm creating something called
the Cash Flow Accelerator.
772
:And I'm, I, what I wanna do is I
want to ex, I want like that thing
773
:that I just explained to you,
the revenue to profit, to cash.
774
:I spent, I have spent a lot of time
perfecting the, like, how to explain that
775
:so that once you see it, you can unsee it.
776
:you're like, I know this.
777
:so, so that, that's, for
example, that's what I have done.
778
:This is, this is my,
my contribution, right?
779
:But there's, there's other people
like me, there's other fractional
780
:CFOs, there's other, business coaches.
781
:There's other people who
actually understand business
782
:that you can work with.
783
:Alex: And if you know anybody like
that, at least have a conversation.
784
:Get clear, ask the
questions of what you need.
785
:But, you need, you need to learn
how to read your financials.
786
:I, I always tell this story and you're
gonna, and this is gonna land with you.
787
:When I worked at General Electric.
788
:I work with some really high level,
executives, like for example, as
789
:CEOs, COOs, operations leaders of, of
any flavor that you want engineers.
790
:And you know what's really, what
was really interesting these were
791
:really, seasoned people, and they
also were really good at finance.
792
:They knew numbers.
793
:Like if I had a conversation
about their numbers, they knew
794
:exactly what I was talking about.
795
:Jerremy: Yeah.
796
:Cruz Gamboa: They knew, like they
asked really powerful questions.
797
:Okay?
798
:And, so that is the mirror that I'm trying
to hold for anybody listening to this.
799
:That if you believe that you have, that
you have, a belief, a, a, a mindset block.
800
:If you have your, if your mindset
is that you're really not good at
801
:finance and that this is something
that somebody else, should be taken
802
:care of, invite you to rethink.
803
:That belief to, come up with
a more empowering belief.
804
:Because if you believe that finance
is a language of, of money and
805
:you wanna make more money in your
business, you need to learn to speak
806
:the language of money, is finance.
807
:So there's no, there's no
decoupling in these concepts.
808
:Jerremy: yeah, yeah.
809
:Dude, I love that.
810
:Learn to speak the language of money, man.
811
:Like you and I are brothers, homie.
812
:Like I say that once a week at minimum,
like, Hey man, if you want more money, you
813
:gotta start speaking the money you got.
814
:You gotta learn that language.
815
:You
816
:Cruz Gamboa: Yeah.
817
:Jerremy: like asking, doing, providing,
serving, creating, offering, putting
818
:yourself out there, putting yourself in
front of people, actually asking, getting,
819
:getting things to move across the line.
820
:Receiving money and currency
for opportunities and for deals.
821
:Yeah.
822
:how do you, how do you, how
do you make the shift, man?
823
:Like, does, do, do you tell
people, go and be an entrepreneur?
824
:Is that, is that a thing that
you really champion or do you
825
:say stay in your current job and
make your current job better?
826
:you had to choose one of the two, which
one are you gonna pick for someone else?
827
:Cruz Gamboa: I would, I would
recommend for them to get clarity
828
:What is it that they want to, they
want to, what is their contribution?
829
:What is it?
830
:How do they want to live their life
in a way that every day they woke up?
831
:Even if the day, if the thing
that they were doing was hard,
832
:they will continue to do it.
833
:Because the reality is the following.
834
:Do you remember the mass
love, pyramid of needs?
835
:Right?
836
:Do you remember that?
837
:Yeah.
838
:And you remember that it starts
with like something very basic.
839
:You're like, you need food.
840
:Jerremy: So the very top.
841
:Yep.
842
:Cruz Gamboa: No.
843
:What's at the very top is meaning
and self-realization, right?
844
:And, and what corporate America is
missing is that they believe that
845
:they, you can dangle a carrot to
someone and say, Hey, just stay here.
846
:I'll pay you just enough
so that you don't leave.
847
:And you stay here.
848
:this is no wonder two thirds of
the America workforce, and I'm
849
:not making this stuff up, okay?
850
:This is an statistic.
851
:It's quiet, quitting.
852
:So people are going to work to
drink coffee, to chat to others,
853
:and to feel miserable the whole day.
854
:Jerremy: Yeah,
855
:Cruz Gamboa: Is that, is that, is that
what you came here to do, brother?
856
:Jerremy: Not me.
857
:Not me,
858
:Cruz Gamboa: I know, I know.
859
:I'm not, I'm, I'm just
talking to all of my,
860
:Jerremy: yeah,
861
:Cruz Gamboa: brothers and
sisters that are listening.
862
:Jerremy: That's right.
863
:That's right.
864
:Preach it.
865
:Preach it.
866
:'cause I mean, if you're the clarity,
ladies and gentlemen, that I want
867
:you all to hear and to see and to
understand is like, what, what do
868
:you, what is it that you wanna do?
869
:What is it that you actually
want to create on this planet?
870
:And know that it, it is okay if
you want to build something big.
871
:And if you want to have a team, and if you
want to really, really move the needle in
872
:a country or a city or a state, if you,
if you wanna build a bridge, if you wanna
873
:make architecture, if you wanna create.
874
:A downtown development, right?
875
:If you wanna build a city, nothing that's
too big and there's nothing too small.
876
:But what Cruz is saying
is get extremely clear.
877
:people will not spend the time to do that.
878
:And that's a question
I have for you, Cruz.
879
:What is your best advice, man?
880
:As an extremely successful man?
881
:How do, how did you get clarity and
what is your suggestion or advice on
882
:how someone else would get clarity?
883
:Cruz Gamboa: It's a very
personal question, man.
884
:I, I, I think everybody has to have to
go through their own journey, but I,
885
:most importantly is, is just to be awake
to, to really pay attention to what
886
:you're feeling and to not blame anybody.
887
:Because the minute you, you
start seeing that in your life,
888
:you're blaming other people.
889
:You're blaming your job, you're blaming
your, your wife or your husband.
890
:You're blaming your friends.
891
:You're blaming the place of your,
that you are born, you're blaming
892
:maybe your, your skin color.
893
:You're blaming your accent.
894
:I mean, I could be blaming my accent.
895
:I'm a very thick accent, right?
896
:I could be blaming that.
897
:But the minute you, you, you fixate
on that, then there's something else
898
:that is not getting addressed, and
that's where the integrity rec reside.
899
:That's the thing that you need to
go back and, and really stare in the
900
:face and it's very uncomfortable.
901
:Let me warn you.
902
:Very uncomfortable to face the
truth who you want to become.
903
:And sometimes what's really the most
scary thing is that there is this person,
904
:there's this in you that is meant to
do so many big things and you're just
905
:afraid of the success you are afraid
of, of becoming your highest version.
906
:How is that possible?
907
:What a disservice that we're doing
to humanity when we don't become
908
:the best person that we can ever be.
909
:best version of ourselves.
910
:Jerremy: I didn't think that that
was the truth for a while until I
911
:started really like dissecting it.
912
:Right?
913
:It was a, that's a phrase or a poem
or a quote by Arian Williamson, right?
914
:Our deepest fear is not that we are
inadequate, is what most people think of.
915
:your biggest fear is right.
916
:Your biggest fear is failure or losing.
917
:You're being miserable.
918
:It's like, well, reality is,
you've probably been there before.
919
:You've probably already experienced
failure, and I mean, I have, all
920
:three of us have on this panel, like
we've all failed bad at something
921
:and we've all been at the bottom
and we've all felt the stress and
922
:we've all, we've all been there.
923
:It's like we know what ultimate
misery is to an extent, the quote
924
:goes on, like, our deepest fear is
that we are powerful beyond measure.
925
:And the word for me, right beyond
measure means that you're stepping
926
:into a giant world of uncertainty.
927
:You are stepping into
a world of unclarity.
928
:You are getting into the unknown.
929
:And as humans, really our
biggest fear is the unknown.
930
:if you're powerful beyond measure, like
you just said, you're your highest self,
931
:your best self, the most disciplined, the
most exceptional, wealthy version of you.
932
:If you're doing that, how
do you operate every day?
933
:And that's a big, big vision.
934
:It's a huge mission that's gonna
start unfolding and being given to
935
:you and for you and through you.
936
:So it's scary because
there's a lot to hold,
937
:Cruz Gamboa: Can I share a little story?
938
:Jerremy: Come on,
939
:Cruz Gamboa: We're probably getting
to the end of the show, but I, I just,
940
:Jerremy: we're good.
941
:Cruz Gamboa: it's, like, there's like
so many nuggets of wisdom on this.
942
:So I was, I have afr I guess a friend,
and he's, he's a pastor and he invited
943
:me to read, scriptures with him.
944
:And, I'm not, I'm not a
person to do that, by the way.
945
:Not because I have anything against it.
946
:It's just like I, I,
I've done it in the past.
947
:I, I'm at a place right now where
I'm at peace with my wisdom.
948
:Okay?
949
:Jerremy: Yep.
950
:Cruz Gamboa: And I'm just trying
to hold on to less, not more.
951
:Jerremy: Yep.
952
:Cruz Gamboa: Okay.
953
:so then we got, we, one of like,
sort of like the first part of the
954
:conversation, he was asking me if I
believed everything that the Bible said.
955
:Okay.
956
:And I said, I mean, I think the Bible is
a book that is full with so much wisdom.
957
:There's just so much wisdom.
958
:And he said, but, but do you
believe everything it says?
959
:And I was like, well, I don't know.
960
:Because I mean, it's, it's a book
that has, that was written, a
961
:long time ago, like for example.
962
:And I asked him, do you believe that this,
do you, do you remember a story of Jonah?
963
:Right?
964
:So Jonah.
965
:by a whale spit out three days later.
966
:Do you believe that somebody was
actually eaten by a whale and
967
:spit it out like three days later?
968
:I was like, probably.
969
:I don't, But what I do believe is
that maybe sometimes there are ordeals
970
:in our lives, and maybe Jonah just
went through a really, really hard
971
:Jerremy: Right.
972
:Cruz Gamboa: thing.
973
:And for three days, maybe it
was days, maybe it was three
974
:years, who knows, right?
975
:He was in a really dark place.
976
:But then eventually he emerged.
977
:He, the very thing that ate
him alive, it spitted him out.
978
:And when he came out of that whale, a
different man with a lot more wisdom.
979
:Now he learned what it, what it was
not, not doing, he was supposed to do,
980
:because that's the whole reason why
he went to, into the world to begin
981
:with, for those who know the story.
982
:So point is that sometimes the pain
that you're in right now, the thing
983
:that is actually making you suffer right
now, 'cause a lot of us, at any given
984
:time, we are experiencing suffering.
985
:Jerremy: Yep.
986
:Cruz Gamboa: That is your biggest gift.
987
:That is your calling to go
back and ask the questions and
988
:get really real with yourself.
989
:That is, that's basically to
me, that is your, your signal.
990
:Jerremy: Yeah.
991
:Cruz Gamboa: your signal that there is
something that needs to be addressed.
992
:There's a lesson that needs to be learned
and there's growth that needs to happen.
993
:So if that's what, if that's what
you are experiencing right now.
994
:So instead of like being feeling
miserable about it, just grateful
995
:for it and just go really deep, do
the work and become, just get, get
996
:spit out by the, by the whale, right?
997
:Become the better man
998
:Jerremy: Yeah.
999
:Cruz Gamboa: or woman.
:
00:51:20,790 --> 00:51:22,690
Jerremy: Yeah, dude.
:
00:51:22,750 --> 00:51:23,710
Come on bro.
:
00:51:24,100 --> 00:51:24,970
You're so cool.
:
00:51:25,970 --> 00:51:27,020
It's a story, right?
:
00:51:27,080 --> 00:51:28,850
I mean, it's, it's a story of our lives.
:
00:51:28,850 --> 00:51:30,170
It's a story of what's available.
:
00:51:30,170 --> 00:51:31,670
It's a story of what's possible.
:
00:51:32,330 --> 00:51:37,890
love how you shared not only
insights, but really insights, right?
:
00:51:37,890 --> 00:51:42,510
Like that, like you're seeing
someone's soul and you're telling
:
00:51:42,510 --> 00:51:43,920
them, Hey, it's gonna be all right.
:
00:51:44,700 --> 00:51:47,580
if you're going through a lot of pain,
a lot of ish, a lot of frustration,
:
00:51:47,580 --> 00:51:48,660
you're scared, you're worried.
:
00:51:49,500 --> 00:51:51,690
have trepidation in you and around you.
:
00:51:51,690 --> 00:51:52,560
It's gonna be all right.
:
00:51:53,550 --> 00:51:54,300
Keep going.
:
00:51:54,660 --> 00:51:55,590
You're in a dark place.
:
00:51:55,620 --> 00:51:56,280
Figure it out.
:
00:51:56,280 --> 00:51:58,920
You're smart enough, you're talented
enough, you're skilled enough.
:
00:51:59,760 --> 00:52:00,600
Gotta do the work.
:
00:52:01,500 --> 00:52:02,700
Spend some time on the work.
:
00:52:02,700 --> 00:52:05,790
Spend some time getting after it,
understanding it, leaning into
:
00:52:05,790 --> 00:52:11,110
faith, asking for more, being
ready to receive more and move.
:
00:52:12,110 --> 00:52:12,400
Cruz Gamboa: Yeah.
:
00:52:12,677 --> 00:52:13,007
Jerremy: Don't
:
00:52:13,100 --> 00:52:13,390
Cruz Gamboa: Yeah.
:
00:52:13,397 --> 00:52:14,447
Jerremy: belly of the whale
:
00:52:15,485 --> 00:52:17,645
Cruz Gamboa: Don't tell
exactly and, and ask.
:
00:52:17,945 --> 00:52:18,785
And ask for help.
:
00:52:19,187 --> 00:52:21,077
Jerremy: Yeah, yeah, yeah.
:
00:52:21,095 --> 00:52:22,595
Cruz Gamboa: asking you
shall receive, right?
:
00:52:22,775 --> 00:52:23,225
Ask for help.
:
00:52:23,687 --> 00:52:24,227
Jerremy: Come on, bro.
:
00:52:25,227 --> 00:52:25,942
Yes, yes, yes.
:
00:52:26,942 --> 00:52:28,592
I gotta have a conversation
with you later.
:
00:52:28,652 --> 00:52:30,392
I mean, I'll, I'll share it with
you now 'cause I think it'd be
:
00:52:30,392 --> 00:52:33,572
just, it'd just be fun to get your,
just your general feedback on this.
:
00:52:33,692 --> 00:52:36,902
Because you mentioned it earlier and
it, I, I wanted to pause and figure
:
00:52:36,902 --> 00:52:37,802
out when I'm gonna bring it up.
:
00:52:37,802 --> 00:52:42,632
I guess I'm gonna bring it up now because
there can be, in my opinion, it, it's,
:
00:52:42,632 --> 00:52:49,472
it's a very, very unique way of, of
approaching abundance versus scarcity in
:
00:52:49,472 --> 00:52:53,972
regards to all that we do have and all
that we work created for and around us.
:
00:52:54,412 --> 00:52:56,602
and that is my next book.
:
00:52:56,852 --> 00:53:01,742
the next book, the title of it, working
title right now is Be Rich Like Jesus.
:
00:53:02,742 --> 00:53:05,322
And it was actually the, it's
actually my scriptural take.
:
00:53:05,412 --> 00:53:05,712
Yeah.
:
00:53:05,712 --> 00:53:06,192
Cruz.
:
00:53:06,342 --> 00:53:11,242
Yeah, it's my scriptural take my personal
opinion, obviously on how I read the Bible
:
00:53:11,242 --> 00:53:14,632
now I grew up in a very scarcity religion.
:
00:53:14,632 --> 00:53:17,032
So I grew up with Jehova's witness,
as you might know and might remember,
:
00:53:17,062 --> 00:53:22,212
and, And that particular religion, it's
a very, very scarcity mindset, right?
:
00:53:22,212 --> 00:53:24,702
Like, the world's gonna end tomorrow.
:
00:53:25,392 --> 00:53:29,832
There's no reason to have a job
because armageddons happening tomorrow.
:
00:53:29,952 --> 00:53:31,482
Like, don't go to college.
:
00:53:31,602 --> 00:53:33,192
Why would you have a savings account?
:
00:53:33,432 --> 00:53:33,702
Right?
:
00:53:33,702 --> 00:53:38,552
So it's a very poor religion generally
and of of most, unified organized
:
00:53:38,552 --> 00:53:39,722
religions in the United States.
:
00:53:39,722 --> 00:53:42,022
It's the poorest, according
to a couple of statistics.
:
00:53:42,052 --> 00:53:48,902
So saying all that to say example
one is there's a scripture that talks
:
00:53:48,902 --> 00:53:51,002
about Jesus having no home, right?
:
00:53:51,062 --> 00:53:55,042
It says that, birds have a nest,
and foxes have dens, but the son of
:
00:53:55,042 --> 00:53:56,662
man has no place to lay his head.
:
00:53:57,322 --> 00:54:00,982
And so we are, we are taught this
like, listen dude, Jesus is poor.
:
00:54:01,882 --> 00:54:07,432
He has no house, He's going from
place to place he ain't got anything,
:
00:54:08,242 --> 00:54:09,892
that that's available to him.
:
00:54:09,922 --> 00:54:10,792
'cause he doesn't want.
:
00:54:11,887 --> 00:54:13,417
Can't have home ownership.
:
00:54:14,317 --> 00:54:15,277
they're pitching this, right?
:
00:54:15,277 --> 00:54:16,777
Like, why, why would you have houses?
:
00:54:16,777 --> 00:54:17,017
Right?
:
00:54:17,017 --> 00:54:18,277
Why would you, why would
you buy real estate?
:
00:54:19,277 --> 00:54:22,847
So I'm gonna walk you through like a
couple of paragraphs of chapter one.
:
00:54:23,657 --> 00:54:25,757
'cause it's just an interesting
paradigm shift for me.
:
00:54:26,007 --> 00:54:28,467
again, since, since it
is Good Friday and right.
:
00:54:28,497 --> 00:54:29,247
Easter is here.
:
00:54:29,247 --> 00:54:34,272
And, I, I think it's just a really
cool frame for me because Jesus
:
00:54:34,272 --> 00:54:38,562
was born Cruz, he was given gifts.
:
00:54:38,772 --> 00:54:39,852
Do you remember what
those three gifts were?
:
00:54:40,852 --> 00:54:43,102
Cruz Gamboa: Instance, was it gold?
:
00:54:43,102 --> 00:54:43,912
I don't remember
:
00:54:43,985 --> 00:54:44,315
Jerremy: Yeah.
:
00:54:44,482 --> 00:54:45,772
Cruz Gamboa: in me mare.
:
00:54:45,772 --> 00:54:46,492
Like, what was it?
:
00:54:46,655 --> 00:54:46,925
Jerremy: yep.
:
00:54:46,930 --> 00:54:47,405
Exactly.
:
00:54:47,572 --> 00:54:47,782
Cruz Gamboa: Yeah.
:
00:54:47,842 --> 00:54:48,292
All right.
:
00:54:48,485 --> 00:54:48,725
Jerremy: Yep.
:
00:54:48,725 --> 00:54:50,825
Frankincense, myrrh, and gold.
:
00:54:51,442 --> 00:54:51,957
Cruz Gamboa: Mirroring gold.
:
00:54:51,977 --> 00:54:52,197
Yes.
:
00:54:52,457 --> 00:54:52,677
Yes.
:
00:54:53,480 --> 00:54:55,340
Jerremy: I had one
question in chapter one.
:
00:54:55,340 --> 00:54:59,060
The chapter one is just one question
long, and I then just play around with the
:
00:54:59,060 --> 00:55:00,620
different ideas and different concepts.
:
00:55:00,620 --> 00:55:03,860
But I wanna ask you a question that
I've never, I never was asked before.
:
00:55:03,890 --> 00:55:05,000
'cause it's just a fun question.
:
00:55:05,000 --> 00:55:05,690
You're already smiling.
:
00:55:05,690 --> 00:55:06,590
I think you know what's coming.
:
00:55:06,920 --> 00:55:08,210
How much gold was he given?
:
00:55:09,210 --> 00:55:10,190
Cruz Gamboa: You killed me without one.
:
00:55:11,075 --> 00:55:12,425
I don't, I really don't know.
:
00:55:12,542 --> 00:55:13,292
Jerremy: me neither, right?
:
00:55:13,292 --> 00:55:13,952
No one does.
:
00:55:14,132 --> 00:55:14,462
But
:
00:55:14,465 --> 00:55:14,825
Cruz Gamboa: Yeah.
:
00:55:14,942 --> 00:55:18,542
Jerremy: but our minds for some
reason, bro, our minds, we're
:
00:55:18,542 --> 00:55:21,552
picturing a small little sack, right?
:
00:55:21,552 --> 00:55:27,282
We, we picture a pouch of gold and then I
go ask Christians or, or whoever, right?
:
00:55:27,282 --> 00:55:32,017
If you believe in Jesus, and it's not,
it's all good, but it's like, why, why do
:
00:55:32,017 --> 00:55:33,667
we envision a small little pouch, right?
:
00:55:33,667 --> 00:55:37,507
Like I, when I go ask a real believer, I'm
like, how much money would you give Jesus?
:
00:55:37,807 --> 00:55:39,907
If Jesus was in front of you
right now and ask for money,
:
00:55:39,907 --> 00:55:40,657
how much would you give him?
:
00:55:40,687 --> 00:55:41,827
You gonna give him $25?
:
00:55:42,827 --> 00:55:44,477
And they're always like, no,
I'm giving him everything.
:
00:55:45,272 --> 00:55:46,232
Giving 'em all of it.
:
00:55:47,232 --> 00:55:47,892
I'm like, okay, cool.
:
00:55:47,892 --> 00:55:48,492
Fascinating.
:
00:55:48,762 --> 00:55:53,512
So these wise men, they see
the star in the sky, right?
:
00:55:53,932 --> 00:55:57,502
So they know the person they're
gonna go visit is being born
:
00:55:57,502 --> 00:55:58,732
onto the king of the Jews.
:
00:55:59,732 --> 00:56:04,142
They are aware of this
person's title and privilege.
:
00:56:05,142 --> 00:56:06,912
They know who they're gonna go visit.
:
00:56:07,332 --> 00:56:12,702
So now you gotta ask the question,
much money are wise men going
:
00:56:12,702 --> 00:56:15,552
to go bring a baby newborn king?
:
00:56:16,552 --> 00:56:17,662
Cruz Gamboa: A house full man.
:
00:56:18,662 --> 00:56:21,782
Yes, yes, yes, yes, yes.
:
00:56:22,607 --> 00:56:23,067
No less.
:
00:56:23,325 --> 00:56:26,505
Jerremy: what's really fascinating,
what's really fascinating is what it
:
00:56:26,505 --> 00:56:29,115
starts to do is, number one, it gives me
goosebumps every time I think about it.
:
00:56:29,115 --> 00:56:32,415
But number two, it starts to shift
our paradigm and our belief system
:
00:56:32,415 --> 00:56:35,685
around specifically Jesus, because
there's, there's so much here, right?
:
00:56:35,955 --> 00:56:40,435
Like number one, frankincense and meh,
years ago, or more viable than gold.
:
00:56:40,735 --> 00:56:42,655
Gold was like, Hey man, it's everywhere.
:
00:56:42,685 --> 00:56:43,315
I was like, here you go.
:
00:56:43,315 --> 00:56:44,125
Here's a bunch of gold.
:
00:56:44,575 --> 00:56:51,565
Most kings for their birthday are
given 50 pounds of gold, and these
:
00:56:51,565 --> 00:56:55,825
wise men, when they're visiting
Bethlehem, they left, Jerusalem to
:
00:56:55,825 --> 00:56:59,215
get to Bethlehem, and our brains are
like, oh, that's a thousand miles.
:
00:56:59,215 --> 00:57:02,395
No, it's six, six kilometers, right?
:
00:57:02,395 --> 00:57:04,405
It's not that far.
:
00:57:04,645 --> 00:57:07,735
So it's actually close enough for,
I have a whole bunch of camels
:
00:57:08,735 --> 00:57:15,250
and walk these camels loaded
with hundreds of pounds of gold.
:
00:57:16,250 --> 00:57:20,120
So then you start seeing Jesus from the
eyes of Jesus was a trust fund baby.
:
00:57:21,120 --> 00:57:21,630
He was.
:
00:57:21,762 --> 00:57:21,917
Cruz Gamboa: But, but
:
00:57:21,990 --> 00:57:22,230
Jerremy: He
:
00:57:22,242 --> 00:57:25,187
Cruz Gamboa: it, but it kind of makes
sense in a way because like, remember,
:
00:57:25,187 --> 00:57:28,597
like, like for a while, like we, we
don't know what happened until he
:
00:57:28,597 --> 00:57:30,367
was pretty much, he was 33, right?
:
00:57:30,862 --> 00:57:35,257
Like, he was le like he had enough wealth.
:
00:57:36,257 --> 00:57:40,247
To do the thing that he needed to do
to get the training from the best.
:
00:57:40,277 --> 00:57:44,627
And oh, by the way, to this because this
is very, I just like you illuminated.
:
00:57:44,627 --> 00:57:50,927
Another idea is that when you think about
Buddha, Buddha was a, fund baby too.
:
00:57:51,927 --> 00:57:52,787
Dave: got another one.
:
00:57:53,787 --> 00:57:56,387
So, Muhammad was, was pretty poor.
:
00:57:56,657 --> 00:58:00,487
like he was, he was, and he,
he ended up marrying his boss
:
00:58:00,487 --> 00:58:05,447
who was an incredibly rich
and powerful woman, Fatima.
:
00:58:05,987 --> 00:58:07,787
and, that started the movement.
:
00:58:07,787 --> 00:58:11,927
So like, I feel like we have a
running theme in, in religions where
:
00:58:11,927 --> 00:58:13,607
start the movement with abundance.
:
00:58:14,607 --> 00:58:15,567
Cruz Gamboa: I love that.
:
00:58:15,567 --> 00:58:16,167
Yes.
:
00:58:16,240 --> 00:58:16,530
Jerremy: Yeah.
:
00:58:17,305 --> 00:58:17,875
so cool,
:
00:58:17,922 --> 00:58:18,212
Cruz Gamboa: Yeah,
:
00:58:18,355 --> 00:58:19,135
Jerremy: That's great.
:
00:58:19,442 --> 00:58:19,732
Cruz Gamboa: Yeah.
:
00:58:19,827 --> 00:58:23,857
Because I'm, I mean, I think I just
like, I want, I just wanna feel it a
:
00:58:23,857 --> 00:58:29,672
little bit, but What is the idea of
thinking that being a spiritual and
:
00:58:29,672 --> 00:58:33,872
not be in abundance had no correlation?
:
00:58:33,872 --> 00:58:36,252
I think it's the opposite.
:
00:58:36,285 --> 00:58:36,505
Jerremy: oh.
:
00:58:37,505 --> 00:58:41,495
Cruz Gamboa: And you actually, like, you
look at like every person who has done
:
00:58:41,615 --> 00:58:44,975
big things, had an abundant mindset.
:
00:58:45,975 --> 00:58:49,275
Whether we know the story or not,
because we may not know it, but like, you
:
00:58:49,335 --> 00:58:53,655
look at, for example, even people like
Rockefeller, they had just very intricate
:
00:58:53,655 --> 00:58:55,425
relationships with our divine powers.
:
00:58:55,525 --> 00:58:58,675
and we don't know all the details, but
we know that there's something there.
:
00:58:59,675 --> 00:59:00,095
Yeah.
:
00:59:00,467 --> 00:59:03,317
Jerremy: Well, so what you're, what
you're doing and, and the reason
:
00:59:03,317 --> 00:59:06,197
I'm bringing this up for all of our
listeners really, team, is because
:
00:59:07,197 --> 00:59:09,357
the fear happens where we go.
:
00:59:10,077 --> 00:59:14,367
If I'm gonna pursue my deepest dreams,
my biggest desires, my ultimate goal
:
00:59:14,367 --> 00:59:16,587
in life, I'm not gonna have any money.
:
00:59:17,037 --> 00:59:20,187
I'm gonna be poor, and I'm gonna
struggle because I'm stepping into faith.
:
00:59:21,177 --> 00:59:27,507
And what we're saying right now,
and what I truly believe is there
:
00:59:27,507 --> 00:59:30,147
might be a time where that is true.
:
00:59:31,147 --> 00:59:35,617
However, when you start really
stepping into faith, when you really,
:
00:59:35,617 --> 00:59:36,997
really, you said it earlier, ask.
:
00:59:37,927 --> 00:59:39,247
You get really clear.
:
00:59:39,247 --> 00:59:40,117
You said that too.
:
00:59:40,147 --> 00:59:45,797
You ask strong, powerful questions to
get precise, and you start asking for
:
00:59:45,797 --> 00:59:49,187
those things and you start stepping
into your abundance and you start
:
00:59:49,187 --> 00:59:50,867
really, really walking that path.
:
00:59:50,867 --> 00:59:54,467
The riches will show up, and
the riches doesn't necessarily
:
00:59:54,467 --> 00:59:57,167
have to be money, and it doesn't
have to be money for you, right?
:
00:59:57,197 --> 00:59:58,307
Let's take Mother Theresa.
:
00:59:59,027 --> 01:00:05,057
has no worldly possessions given to
her, but her fund was doing pretty well.
:
01:00:05,702 --> 01:00:06,062
Right.
:
01:00:06,062 --> 01:00:10,292
She flew in private jets sometimes because
it was faster for her to get from PO
:
01:00:10,292 --> 01:00:14,432
point A to point B, but those private
jets were donated to her by someone else
:
01:00:14,432 --> 01:00:15,872
because she was walking in her faith.
:
01:00:15,872 --> 01:00:16,952
She was walking in her mission.
:
01:00:16,952 --> 01:00:21,062
So, so bright and so brilliantly,
for every one of us, right, that's
:
01:00:21,062 --> 01:00:23,582
really our goal and objective is to
say, Hey, this is what we want to do.
:
01:00:23,612 --> 01:00:27,752
So if that is working in a career
and being an incredible executive and
:
01:00:27,752 --> 01:00:32,642
making six high six figures, and again,
creating something remarkable, brilliant,
:
01:00:32,642 --> 01:00:33,962
but just make sure that you're happy.
:
01:00:34,982 --> 01:00:37,832
Because for me, I think everyone
out there is like, happiness is an
:
01:00:37,832 --> 01:00:41,252
extremely, extremely important aspect,
and I think that there's gonna be so
:
01:00:41,252 --> 01:00:46,052
many cool shifts that AI and robots
and whatever allow us to be happier
:
01:00:46,052 --> 01:00:47,792
and to give a lot of us our time back.
:
01:00:48,482 --> 01:00:51,032
so those, those shifts are gonna
be unique and fun and exciting.
:
01:00:51,032 --> 01:00:56,552
And if you see the world as big,
bright, bold, beautiful, brilliant,
:
01:00:56,552 --> 01:01:01,322
and very, very quickly changing, you'll
approach it from a mindset of abundance,
:
01:01:01,322 --> 01:01:02,462
just like you said earlier, Cruz.
:
01:01:02,462 --> 01:01:04,742
But if you approach it
from like a scarcity.
:
01:01:05,117 --> 01:01:09,537
Fear-based, You're gonna feel
anxious, you're gonna feel worried.
:
01:01:09,807 --> 01:01:12,597
You're gonna feel pathetic, you're
not gonna feel good enough, and you're
:
01:01:12,597 --> 01:01:15,627
gonna be worried a bunch, and the the
future won't be as bright for you.
:
01:01:16,627 --> 01:01:20,232
Cruz Gamboa: I, I love everything you
said, Jerremy, and I, it just, it just
:
01:01:20,232 --> 01:01:24,067
make me, just make me think about how
much I, I, I admire the stuff that you do
:
01:01:24,067 --> 01:01:29,247
and, and I, I, well, obviously I love you
and Solana a lot, so I, I, I care for you
:
01:01:29,247 --> 01:01:39,487
guys, but I, it also, it also me hope that
what's happening right now is that a lot
:
01:01:39,487 --> 01:01:45,577
of us are starting to, tune in to this at
scale because, I mean, it's not just us.
:
01:01:45,577 --> 01:01:48,037
There's just a lot of people that are, I.
:
01:01:49,037 --> 01:01:51,287
They have the level of awareness
that is required in order
:
01:01:51,287 --> 01:01:52,577
to live a life of abundance.
:
01:01:52,577 --> 01:01:55,037
And we, we are surrounded by
a lot of those people, by the
:
01:01:55,037 --> 01:01:56,477
way, in our circles, right?
:
01:01:57,477 --> 01:02:04,112
So, I, if you ask any of those people
who are living with a level of abundance,
:
01:02:05,112 --> 01:02:09,032
And, you ask them like, what, what's
the, so what's the, the secret?
:
01:02:10,032 --> 01:02:11,022
I think it's gratitude.
:
01:02:12,042 --> 01:02:16,602
Because you can't be, can't
be grateful and be sad.
:
01:02:17,352 --> 01:02:18,492
You can't, you just can't.
:
01:02:18,522 --> 01:02:21,312
You just, I mean, if
you're grateful, are happy.
:
01:02:21,342 --> 01:02:27,012
If you're truly grateful, if you're
grateful, then, then you're good,
:
01:02:27,042 --> 01:02:30,702
then you're light, then you're calm,
then you are creative, then you
:
01:02:30,702 --> 01:02:32,052
attract good things in your life.
:
01:02:32,082 --> 01:02:36,702
So if you, if, if there's anything
that you are going to take away from
:
01:02:36,702 --> 01:02:41,112
this conversation today, like for those
who are listening, just be grateful.
:
01:02:42,192 --> 01:02:43,572
Be grateful for.
:
01:02:44,052 --> 01:02:45,612
The good, the bad, the ugly.
:
01:02:46,452 --> 01:02:49,872
of it is working for your,
for your own goodness.
:
01:02:50,322 --> 01:02:53,682
If that's what you decide,
that it, that's what it means.
:
01:02:54,415 --> 01:02:54,805
Jerremy: dog.
:
01:02:55,805 --> 01:02:58,205
It's one of my favorite things to
say is like, if you're grateful,
:
01:02:58,205 --> 01:02:59,345
you're full of greatness.
:
01:03:00,135 --> 01:03:03,745
like you don't have anything else
to be full of, you have so much,
:
01:03:04,745 --> 01:03:09,125
so, so much of that emotion is going
to dispel all the other emotions.
:
01:03:09,285 --> 01:03:11,565
crew's got a lightning round for
you, man, so just hit me with
:
01:03:11,565 --> 01:03:12,645
whatever answer comes to your mind.
:
01:03:12,645 --> 01:03:13,755
It can be long, it can be short.
:
01:03:13,755 --> 01:03:14,625
We have plenty of time.
:
01:03:15,497 --> 01:03:15,787
Cruz Gamboa: Okay.
:
01:03:15,885 --> 01:03:19,875
Jerremy: true or false AI is the
best thing that ever happened
:
01:03:19,875 --> 01:03:21,015
to a self-employed person.
:
01:03:22,015 --> 01:03:22,525
Cruz Gamboa: True.
:
01:03:23,525 --> 01:03:24,935
Jerremy: Finish this sentence.
:
01:03:24,965 --> 01:03:28,955
The biggest myth about
the future of work is.
:
01:03:29,955 --> 01:03:32,960
Cruz Gamboa: That the biggest myth about.
:
01:03:33,960 --> 01:03:36,095
That it has to be boring.
:
01:03:37,095 --> 01:03:37,785
Jerremy: That's right, dude.
:
01:03:38,785 --> 01:03:39,355
That's right.
:
01:03:39,355 --> 01:03:39,745
Man.
:
01:03:39,775 --> 01:03:41,635
It doesn't, it does not have to be boring.
:
01:03:42,265 --> 01:03:42,535
All right.
:
01:03:42,535 --> 01:03:43,195
You're gonna like this one.
:
01:03:43,255 --> 01:03:45,625
Revenue is vanity, profit is sanity.
:
01:03:46,075 --> 01:03:50,425
How much did you have to lose
before you actually believed that?
:
01:03:51,425 --> 01:03:52,575
Cruz Gamboa: $300,000?
:
01:03:53,575 --> 01:03:55,040
Jerremy: Yeah, that's right.
:
01:03:56,040 --> 01:03:56,490
That's right.
:
01:03:56,490 --> 01:04:01,940
I love that story too, that you said,
all right, one piece of inner work that
:
01:04:02,120 --> 01:04:05,185
cost you the most, but you have to do it.
:
01:04:06,185 --> 01:04:09,065
Cruz Gamboa: well for me it's, it's,
it's, kind of a synthetic thing
:
01:04:09,065 --> 01:04:10,955
because it's, it's several, right?
:
01:04:10,955 --> 01:04:14,045
I mean, I've, I've, worked with
several coaches in the past.
:
01:04:15,045 --> 01:04:17,115
They're not cheap, they're expensive.
:
01:04:18,165 --> 01:04:25,285
But what I, I've come to realize the
more you spend on a coach, the bigger
:
01:04:25,285 --> 01:04:26,665
your breakthroughs are going to be.
:
01:04:26,815 --> 01:04:27,355
And it does.
:
01:04:27,355 --> 01:04:30,205
And it is not necessarily
related to the coach.
:
01:04:30,535 --> 01:04:31,195
It's you.
:
01:04:31,255 --> 01:04:34,675
How much are you willing
to give to receive
:
01:04:35,675 --> 01:04:36,845
Jerremy: That's so good.
:
01:04:37,205 --> 01:04:38,135
That's so good.
:
01:04:38,315 --> 01:04:38,885
I love it.
:
01:04:39,154 --> 01:04:39,575
All right.
:
01:04:39,965 --> 01:04:46,325
Best financial metric that a
founder almost never tracks.
:
01:04:47,360 --> 01:04:47,480
I.
:
01:04:48,217 --> 01:04:48,907
Cruz Gamboa: cash flow?
:
01:04:49,907 --> 01:04:51,857
Jerremy: Free cash flow.
:
01:04:51,857 --> 01:04:53,447
All right, great answer.
:
01:04:53,937 --> 01:05:00,567
in one sentence, what is a new social
contract that America actually needs?
:
01:05:01,567 --> 01:05:01,857
Cruz Gamboa: Okay.
:
01:05:01,912 --> 01:05:05,152
That's, that's, that's a tricky
one, but, I, I'm gonna say.
:
01:05:06,242 --> 01:05:08,642
that America already embraced.
:
01:05:09,602 --> 01:05:17,442
We already have the answer here, which
is that the economy, the American
:
01:05:17,442 --> 01:05:19,932
economy is moved by entrepreneurship.
:
01:05:20,932 --> 01:05:22,372
How did we forget that?
:
01:05:23,092 --> 01:05:25,372
not about corporations,
it's about entrepreneurship.
:
01:05:25,432 --> 01:05:29,932
Each one of us being entrepreneurs,
this is what moves America.
:
01:05:29,932 --> 01:05:32,302
This is what people
wanted to live here, okay?
:
01:05:33,352 --> 01:05:34,612
This is what made us free.
:
01:05:35,542 --> 01:05:38,542
is what the founding fathers, they
were all entrepreneurs, right?
:
01:05:39,542 --> 01:05:42,971
This is country of entrepreneurs.
:
01:05:43,992 --> 01:05:46,721
The government doesn't owe us anything.
:
01:05:47,022 --> 01:05:47,892
We are the government.
:
01:05:47,892 --> 01:05:47,922
I.
:
01:05:48,922 --> 01:05:49,582
Jerremy: That's good.
:
01:05:50,582 --> 01:05:51,632
I like that, man.
:
01:05:51,632 --> 01:05:54,002
I have never actually thought
about the founding fathers
:
01:05:54,002 --> 01:05:54,992
being an entrepreneur, bro.
:
01:05:54,992 --> 01:05:57,422
That's so heavy me.
:
01:05:57,902 --> 01:05:58,952
And the best way.
:
01:05:59,042 --> 01:05:59,762
I love that.
:
01:06:00,752 --> 01:06:01,382
That's great.
:
01:06:02,221 --> 01:06:03,032
All right, sick.
:
01:06:03,082 --> 01:06:09,412
if you could force every CEO
and every new college grad to
:
01:06:09,412 --> 01:06:11,602
read one thing, what is it?
:
01:06:12,670 --> 01:06:13,480
Cruz Gamboa: Think can grow Rich.
:
01:06:13,627 --> 01:06:14,257
Jerremy: on, bro.
:
01:06:14,257 --> 01:06:15,637
I knew you were gonna say that, dude.
:
01:06:16,637 --> 01:06:18,497
Yeah, that it's it for that for me.
:
01:06:18,497 --> 01:06:20,027
It's either that or Outwitting the devil.
:
01:06:20,147 --> 01:06:20,747
It's one of those
:
01:06:20,955 --> 01:06:21,920
Cruz Gamboa: Oh, within the devil.
:
01:06:21,920 --> 01:06:24,110
Oh my God, I love that book.
:
01:06:24,200 --> 01:06:24,860
Yes.
:
01:06:24,890 --> 01:06:25,279
Yeah, yeah.
:
01:06:25,279 --> 01:06:25,820
Yes.
:
01:06:25,867 --> 01:06:26,987
Jerremy: I actually, true story.
:
01:06:26,987 --> 01:06:27,977
I've never read it.
:
01:06:28,096 --> 01:06:29,027
I've only listened to it.
:
01:06:29,297 --> 01:06:29,537
Cruz Gamboa: Yeah.
:
01:06:29,685 --> 01:06:29,835
Jerremy: it's
:
01:06:29,837 --> 01:06:30,437
Cruz Gamboa: It doesn't matter.
:
01:06:30,495 --> 01:06:30,945
Jerremy: yeah, yeah, yeah.
:
01:06:30,945 --> 01:06:33,875
It's just an audible, but like,
bro, it's so flipping good.
:
01:06:33,875 --> 01:06:34,355
It's amazing.
:
01:06:34,355 --> 01:06:36,245
Cruz, this has been an honor, man.
:
01:06:36,245 --> 01:06:37,355
I knew I was gonna have fun with you.
:
01:06:37,355 --> 01:06:40,615
I always like being with you and being
around you, and this is just, this is a
:
01:06:40,615 --> 01:06:43,225
reminder that you and I are gonna do big
things together, number one and number
:
01:06:43,225 --> 01:06:44,335
two, we just gotta hang out mortgage.
:
01:06:44,335 --> 01:06:45,115
Your freaking cool man.
:
01:06:45,535 --> 01:06:45,715
So
:
01:06:45,862 --> 01:06:46,152
Cruz Gamboa: Yeah.
:
01:06:47,172 --> 01:06:48,357
I, I feel the same Jerremy.
:
01:06:48,357 --> 01:06:50,452
I, I feel honored to,
to be here, to know you.
:
01:06:51,462 --> 01:06:52,992
To, and also meet Dave now.
:
01:06:53,082 --> 01:06:53,862
Got a new friend.
:
01:06:54,042 --> 01:06:56,622
So, and I look forward to
doing more stuff with you guys.
:
01:06:57,622 --> 01:06:59,092
Dave: What did you learn?
:
01:07:00,092 --> 01:07:02,432
Jerremy: I love learning stuff, dude, bro.
:
01:07:03,272 --> 01:07:05,971
I mean, I gotta sit on this for a week.
:
01:07:06,192 --> 01:07:09,432
our, our founding fathers
were entrepreneurs, bro,
:
01:07:09,762 --> 01:07:11,532
Bo bomb drop of the nation.
:
01:07:11,532 --> 01:07:14,022
For me, like that's just, that
was, it's just a cool reframe.
:
01:07:14,022 --> 01:07:18,952
It's like, of course they were, of course
they were like small business in the us
:
01:07:18,952 --> 01:07:23,362
Like I, I really do feel like corporations
get all the love, there's very little.
:
01:07:24,187 --> 01:07:30,367
Sexiness and gratitude and, and awareness
and kindness towards all these, the mom
:
01:07:30,367 --> 01:07:34,477
and pop stores and the small businesses
that run this entire country that
:
01:07:34,477 --> 01:07:36,157
like prop it up, that keep it open.
:
01:07:36,157 --> 01:07:40,596
I mean, I went to a small restaurant
last night called the Spaghetti Western,
:
01:07:41,197 --> 01:07:42,846
here in Las Vegas, shout outs to them.
:
01:07:42,937 --> 01:07:46,717
And again, man, it's just a local,
like the guy lived here his whole life.
:
01:07:46,747 --> 01:07:48,337
He runs it, he owns it.
:
01:07:48,487 --> 01:07:49,567
He was bartending.
:
01:07:49,637 --> 01:07:50,447
it's just cool to see.
:
01:07:50,447 --> 01:07:50,687
So.
:
01:07:51,687 --> 01:07:56,307
The entrepreneurial
spirit is very much alive.
:
01:07:56,307 --> 01:07:57,177
It is very powerful.
:
01:07:57,177 --> 01:08:00,567
It needs to be encouraged, and it needs
to be embraced, and I think that that
:
01:08:00,567 --> 01:08:06,452
is and has always been a, a huge portion
of what will and needs to be covered.
:
01:08:07,452 --> 01:08:13,632
In depth in school and from a frame of
someone like Cruz who has experienced
:
01:08:14,172 --> 01:08:20,591
both sides and can really give individuals
the clarity and the awareness of
:
01:08:21,072 --> 01:08:23,172
well, of both sides of that contract.
:
01:08:24,172 --> 01:08:25,011
Dave: I'm with you on that.
:
01:08:25,091 --> 01:08:28,392
Tremendously valuable to have
Cruz and his mindset on things.
:
01:08:28,392 --> 01:08:33,461
And like the literal mindset of, of
the inner work and also the practical
:
01:08:33,461 --> 01:08:37,812
mindset of, hey, these are the things
that your business as a business
:
01:08:37,812 --> 01:08:39,522
person you're not paying attention to.
:
01:08:39,612 --> 01:08:44,532
And like when I was in big business,
like we had product people that were
:
01:08:44,532 --> 01:08:46,332
running the show and we made bank.
:
01:08:46,522 --> 01:08:48,202
And it was incredible.
:
01:08:48,202 --> 01:08:52,582
And I knew we were in trouble when we,
the CEO turned out to, they put A-A-C-F-O
:
01:08:52,582 --> 01:08:56,732
guy in, in as CEO because was about money.
:
01:08:56,792 --> 01:08:59,881
and it wasn't the making of the
products that made the money.
:
01:08:59,881 --> 01:09:01,591
It was, bottom line stuff.
:
01:09:01,742 --> 01:09:07,442
And I think the reminder I got from
that in talking to Cruz was, it's,
:
01:09:07,442 --> 01:09:09,732
it's a yes and like it's a full person.
:
01:09:09,792 --> 01:09:12,971
You're a full human being
and it's your inner life
:
01:09:13,076 --> 01:09:13,826
Jerremy: I am human.
:
01:09:14,826 --> 01:09:17,225
Dave: And same with your business.
:
01:09:17,225 --> 01:09:20,676
If you, if your business is
failing, if look in the mirror.
:
01:09:20,856 --> 01:09:21,336
Jerremy: Yeah.
:
01:09:21,761 --> 01:09:22,877
Dave: that's, that's what I learned.
:
01:09:23,877 --> 01:09:24,477
Jerremy: I will take it.
:
01:09:24,687 --> 01:09:29,127
Listeners, we really hope that
episode was viable and I know it was.
:
01:09:29,487 --> 01:09:30,237
Please share it.
:
01:09:30,477 --> 01:09:32,096
Send it to someone in your network.
:
01:09:32,517 --> 01:09:38,497
Friend, family member, colleague,
boss, future boss, ex-boss.
:
01:09:39,497 --> 01:09:47,852
Share it out there because we are working
intrepidly on solving America's problems.
:
01:09:48,676 --> 01:09:49,756
Five stars.
:
01:09:49,846 --> 01:09:53,777
Hit it on your phone with your thumb
left or right, one I'll take either.
:
01:09:54,167 --> 01:09:55,007
Appreciate you being here.
:
01:09:55,007 --> 01:09:55,937
Thanks for being a listener.
:
01:09:55,997 --> 01:09:56,537
You rock.
