The AJAC & Ed Podcast – Lifetime Inflation, Compounding Consequences, Jail Stories, and Hood Stories

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Key Takeaways

  • By age 35, you better have your life together – financially, physically, and relationship-wise
  • STOP DENYING REALITY – if you’re broke, fat, an alcoholic, and living a fucked up life, you need to accept the state of things in order to create change 
  • “The thing that separates people when you get older is the valuation of what you’re doing. If you’re aspirational and keep trying to challenge yourself, that’s going to differentiate you REALLY fast from people who aren’t.” – AJ
  • Avoid people who are envious of the success of others like the plague
  • Play the hand you’re dealt to the best of your ability 
    • “When you give up because you have one shortcoming, you spit in the face of everyone who’s succeeded despite having that one shortcoming” – Ed
  • “If you want to thrive as much as possible, you should have presence, skill, and comfort in both the digital world and the physical world” – AJ
    • If you can speak well, write well, present yourself, and communicate with people, you can do whatever you want in life

Intro

Inflation and Deflation in Decision-Making

  • (As background, Ed is 34 and AJ is 30)
  • “As we get older, the valuation people place in us goes down in accordance with the ‘staticness’ of our actions” – AJ
  • Inflation = a general increase in price and a fall in the purchasing value of money
    • Here’s what inflation means on a personal level – it’s the overall increase in your actions/experiences over time and the decline in the value in those actions
      • As you get older, if you’re doing the same things without progression, it’ll be much more obvious that you’re stuck (and people will essentially think less of you)
  • Let’s dig deeper:
    • In your 20s, no one expects you to have serious money
    • At 25 – you better be starting to get your act together
      • But – “No one expects you to be ballin’ and if you’re broke, no one’s coming down on you that hard” – Ed
    • At 30-35…
      • “If you’re still getting blackout drunk at 30, you got to go fam” – Ed
      • You better have your life under control
      • “What have you been doing with your life that you’re not stable at this point? It’s been 15 years since you turned 20. That’s two fucking PhDs man!” – Ed
  • Here’s the problem – it’s become more accepted in society to be mediocre at age 30

Money and Financial Freedom

  • If you’re 30 with financial freedom, are debt-free, and can live wherever you want – you’re a high-value guy
  • AJ regularly goes out for steak diners in LA and orders a $100-150 steak
    • “Once you’re material needs are met and you no longer worry about bills… you realize most of making money is just a status game”
    • “It’s all signaling past a certain point”
  • “I improve because I want to be fucking comfortable” – Ed
    • Ed grew up pretty poor – “Forget a doorman, I’m still happy no one’s trying to rob my crib every night”

AJ’s Stint in Jail

  • AJ spent 2 months in a county jail
    • “That was more than enough time to learn my lesson”
    • County jail is for 2 types of people:
      • Someone who commits a minor/non-violent offense
      • Someone being processed to go a state prison in order to do hard time
  • What happened?
    • “I was a teenager, a little kleptomaniac, who grew up in a suburban area. I was bored as fuck and didn’t like where I lived so I started stealing shit because I thought it was fun.”
      • In college, AJ got a job as a security guard at a Ross department store and eventually got caught stealing
    • “It was a painful God damn lesson to learn”
  • AJ says the people who continually get locked up as repeat offenders:
    • 1) Aren’t that smart
    • 2) Don’t have father figures
  • Ed’s never been to jail but “spent some time in the back of a squad car, and that was more than enough!”

Delusional Stories

  • “When people fuck up enough in life, in order to make sense of it so their mind doesn’t break, they have to invent a narrative that’s NONSENSE” – Ed
    • Further- they create delusional stories in order to make sense of reality, denying the truth that they’re really a fuck up
    • STOP DENYING REALITY – if you’re broke, fat, an alcoholic, and living a fucked up life, you need to accept the state of things in order to create change

Cut the Dead Weight

  • “When you get better and and improve, you HAVE to cut out bad influences. You HAVE to shed dead weight.” – Ed
    • “After a while you just have to cut certain people off. Some are natural and they just fall off like an old scab and others are like a Band-Aid and you got to rip ’em off. Either way, they got to go!”
  • When you start focusing heavily on your mission in life, you start to naturally repel certain types of people
    • How so? – Many (those who aren’t consistently leveling up) start to avoid hanging around you because you make them feel bad about their own lives
    • “The people that can be your rocks in one stage of your life can be your anchors in another” – AJ
    • “The thing that separates people when you get older is the valuation of what you’re doing. If you’re aspirational and keep trying to challenge yourself, that’s going to differentiate you REALLY fast from people who aren’t.” – AJ

Avoid the Envious and Jelaous

  • “People who are envious of others in any way, shape, or form, especially envious of someone else’s success, that’s always a red flag. That’s not someone you want to have a close relationship with.” – AJ
  • To make good friends:
    • Look for people who are aspiration-minded/goal-oriented
    • Avoid people who are envious/jealous
      • Why? – No matter what, it’ll become a problem at some point
  • “If you want to know whether someone is a solid, outstanding person, watch how they respond to the success of other people. Especially the success of people they know.” – Ed
    • “It’s such a reliable indicator if someone finds fault in another person’s success”
  • It’s also a good filter for dating (more for men than women)
    • Watch how a girl talks about her friends – avoid her at all costs if she talks bad about them 
    • To add – find a girl who’s had good, long-term friendships with other feamles (that’s a good sign)

Wrapping Up

  • “If you want to thrive as much as possible, you have to have presence, skill, and comfort in both the digital world and the physical world” – AJ
    • If you can speak well, write well, present yourself, and communicate with people, you can do whatever you want in life  
    • But you want to be able to navigate both worlds
      • If you’re only in the digital world, you’ll be physically stunted
      • If you’re only in the physical world, you’re losing out on digital prosperity that’s there for the taking

Additional Notes

  • AJ’s mom and dad read his daily emails
  • Shutter Island is one of Ed’s famous movies
  • “One of the coolest dudes I’ve met in the past two years – Tanner Guzy” – Ed
  • Play the hand you’re dealt to the best of your ability 
    • “When you give up because you have one shortcoming, you spit in the face of everyone who’s succeeded despite having that one shortcoming” – Ed
  • You can get in shape at ANY age – whether you’re 40 or 80
    • You can ALWAYS take control of your health
  • Blocking someone on Twitter hurts so much because it effectively says – “You bring so little value to the interaction that you’re not wanted. You’re actually negative value.”
  • “If you’re on the Internet long enough and accrue any level of internet fame, you’re going to attract some crazies” – AJ
  • Isn’t it crazy how meeting someone online used to be so foreign, but nowadays is the norm?
  • “There are no barriers to entry anymore. All the barriers to entry for sex, money, self-improvement, wisdom, and for feeding your misery… everything’s available to you.” – AJ
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