This is the jungle under ground podcast. It's number 46 Echo. Charles is here with me. I got
something 40 kick this off today. I want to talk to you about something a little quote. The quote is there are no Solutions only
trade-offs. You try to get the best trade-off, you can get, that's all you can hope for that. Is a quote from Thomas Sowell, famous economist. He's written these written like 89 bucks or something. I've actually just ordering them all
because that that guy.
The points. He makes are
phenomenal. The firt. The, the book that I kind of is one of my favorite books is called basic economics. We
have raised it at certain
points on the podcast, having ever covered the thing in full. But anyways, Thomas sold, if you don't know who he is, go look him up. He's freaking awesome, but there's no Solutions only trade-offs. And, and
this is certainly a
good. It's a good way of thinking that a lot people don't really.
A lot of people don't really understand it, right? You got to recognize that. You're not always going to get what you want.
You're only going to get.
Some of what you want and even
to get some of what you want. You're going to have to give up something else. That's the way it works. And people don't want to admit that.
And when I heard this from Thomas Soul, first time I heard her didn't hear from Thomas old. All I was I was trying to buy my first house and I was looking at various properties. No had the real estate agent, you know,
giving me the looks showing me your and I was being kind.
Finicky.
You know, like wow, I don't know about that. And finally my real estate agent who got frustrated with me because part probably cuz I shut down a couple deals where I
was like, yeah, I'm not really
finding. My real estate agent says. Every house is going to have advantages and disadvantages every house
every single house that you want. It's going to have a big yard, but it's going to be a small house or it can be a small house but it's gonna have a big yard or it can have a low price but it needs work or it's going to be in good shape, but it's gonna have a high price or it's going to have a bad layout that's flexible.
Or it's going to have a good layout, but there's not much flexibility to it or it's going to have, hey, a bunch of privacy, but it's hard to get to or it's going to be easy to get to but you don't have a lot of privacy. So the list goes on and on and
and it's a lot of times. It's just the price versus whatever,
you know, you can live in this neighborhood, but it cost more or you can have a bigger house, but it cost more. Sometimes, that's the, that's the,
that's the variable.
But here's what I wanted to bring this up.
Real obvious, but sometimes we
fail to recognize what the trade-offs are and that we can actually
parse them out and figure out what part of the deal you want to. Keep what what is actually important to you. So that you can keep the things that you care about and you can let go of the
things that you don't really care about.
So when you're putting a deal together, you got to think about
this.
But here's the thing.
This is the important part. This is your life,
too.
Right. This is actually a life, too. You don't get to do everything you want to do, you know, nobody does. You don't get to.
Spend time with your family and focus on work and focus on training and focus on learning and focus on relaxing and learning a new skill, and you don't get to focus on everything.
It doesn't work. That
way. We have to pay attention to it, though.
And in fundamentally, what it boils down to is you need to prioritize next Cube butt.
With the time that you have in your life that you want to focus, you got to way out.
And parse out what's actually really important to you. So you can get the best. Let's say the best
deal out of light. You have to, you have to
understand.
What's on the table?
You got to understand what's on the table? And I think that's where the mistake people had. People don't even know what's on the table. They don't, they don't pay attention to what's on the table. Like, then pay attention to what the trade-offs
are.
They don't pay attention to what they care about, what they don't care about and sometimes they care about something that somebody else cares about their thinking, that now, that's important or they just see what's real obvious and they just grab whatever they can without thinking about what they're going to leave on the table. You know, you're gonna you can only fit
Much in your hands and some of its going to left, get left behind. So you got to think about that. You
got to pay attention to that
because if you're not paying attention to it,
you're going to leave some things on the table and you're going to look up and you won't be able to hold anything else. So pay attention, probably a good situation to detach. Take a step back. How do you do
that? Write down? What's on the
table? Actually? Write it down. That's how you detach from it. You write it down. You make a list of
What's on the table? You make a list of what's at stake? You make a list of
what the trade-offs
are. And then you prioritize that list to make sure that the trade-offs
because there's no solution. There's no perfect solution. You're only going to get
trade-offs, so pay attention so that you're trading off the right things. So you can keep as much of what you want as you can. And you can let go of the things that you don't care about little life advice from Thomas.
Woody. I remember long time ago, I did the interview with this. It was like a magazine. What? You got interviewed.
Yeah, check
in there. Talking about work. Work balance or work life. Life work balance. Yeah, like how do you do and maybe the guy thought I was more busy than I really was. But, but I do. But that didn't make me think though. It made me think like wait a second. Yeah, like I do kind of
Like I don't stress at all. I'm not paying enough attention to this without it. But the and so and Lancer. Ended up being I only carry like about four things really? Like I don't care about like my fashion or you know, how like some people, you can see they care about and I'm not knocking fashion. No saying what some people don't care about it. Yes. Help include Carol. Yeah, exactly. Right. And I would even say I don't care - a night, I care very little about it. I'm not over here like staying up at night stressing about. I need to spend more time with my fashion, but but
Like four things I cared about and it was like, you know, my family, my work, like like health and fitness, and then, like Jiu-Jitsu or something. That's kind of it really, you know,
it's a good list right there, or
we write, I mean, what else is there really a? So anyway, my question is, like, do you like, what do you care about, you think? Like, what's your, I mean it's the same
stuff but here's the thing. You're not going to get, you can't get. You can't give 100% to your family can. Yeah. And you can't give 100% to your work, you can. I mean you can't give 100% to your health and fitness. Yeah.
You can? Yeah, and you can't give 100% to Jujitsu. You can only give you only have 100 percent. Yeah, so you got to be careful. Yeah. And and pay attention to what you're going to leave on the table. Yeah, that's what you got to do. The way it is. You only going to get trade-offs, not a solution doesn't
exist. Yeah, so really by its own nature. You essentially, if you can cut that down the more you cut that down the better off, you're going to be a less ceilings. You you need. Yeah, like you've little less. Let's move.
Parts or whatever, less Parts taking, you know, taken away from the other. But when you think about and especially, if you take this, this element this element of Life, seriously, which element this like the trade? Always a trade-off, you know, got it, man. You could, you could trim away a lot of BS in their life. Definitely do that because you're
probably spending time doing stuff. That literally you
actually not only is it stuff that you don't really
care about the stuff that you actually know it's bad, right? Yeah.
I mean stuff that you legitimately know is not beneficial to you. It's not helping your family. It's not helping your work. It's not helping your Jiu-Jitsu. It's not helping your health and fitness.
There you are. Doing it. You're trading it off. It's a bad move. So, that's another good
point. You got to pay attention, not to just the things you want. But what are you investing in that? You don't even want it all
and you're investing into it. That's sad. Yeah, and that's a big price to write because, you know how the whole thing. I mean, this is kind of a it's not
Please Shake because it's so so, so true, where you, you probably spend some money on the BS stuff for sure you do. But you spend time on it. Like, you know, the kind where you're like, well, here's the thing though. What is
money?
It is time. Yeah, you traded your time for some money at some point. Now, you're just using that money to spend somewhere else.
Yeah. Time is the ultimate thing, right? That every month, all the money that you
have, you had to invest time into. Yeah, this weird. I mean, which is another good reason why you want to set your life up. So that you so that your
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