Arnold Schwarzenegger on Business Lunch with Roland Frasier

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Key Takeaways

  • Arnold Schwarzenegger’s 6 principles for success:
    • 1) Have a vision
    • 2) Break the rules
    • 3) Don’t be afraid to fail
    • 4) Don’t listen to the naysayers
    • 5) Work your ass off
    • 6) Give back to the community
  • Have a specific goal in mind and visualize yourself achieving it
    • Instead of saying you want to lose weight, say you want to lose 20 pounds in 3 months so you can look great at the beach during the summer
  • Failing at something doesn’t make you a failure, only staying down does
    • If you fail, dust yourself off, get up, and continue 
      • There have been several bodying competitions that Arnold’s lost, but he never gave up. He worked to get better and eventually became one of the world’s greatest bodybuilders of all time. 
  • Don’t dance around your dreams, identify and then go after them
    • “Before you do anything, sit down and find out what is it that you’re passionate about” – Arnold Schwarzenegger
  •  The greatest feeling in life doesn’t come from making millions of dollars, it comes from giving back and helping others

Intro

  • Arnold Schwarzenegger (@Schwarzenegger) is an Austrian-American actor, businessman, retired bodybuilder, and former politician who served as the 38th Governor of California from 2003 to 2011. 
  • Host: Roland Frasier (@RolandFrasier)

Books Mentioned

Arnold’s Advice for Greatness

  • Accomplishing anything in life requires you to overcome a lot of obstacles 
    • Arnold worked out for 5 hours every day because he dreamed of becoming a professional bodybuilder 
    • Once he got to America, Arnold worked as a bricklayer and went to school while also competing in bodybuilding competitions
  • Arnold’s 6 principles for success:
    • 1) Have a vision
    • 2) Break the rules
    • 3) Don’t be afraid to fail
    • 4) Don’t listen to the naysayers
    • 5) Work your ass off
    • 6) Give back to the community
  • No one is a self-made man. Arnold was only able to overcome a lot of the obstacles he encountered because other people helped him (parents, teachers, training partners, etc.).
  • Have a specific goal in mind and visualize yourself achieving it
    • Instead of saying you want to lose weight, say you want to lose 20 pounds in 3 months so you can look great at the beach during the summer
  • The bigger your goals, the more people will tell you it’s impossible
    • Arnold parents told him working out for so long was a waste of time and would ruin his body
  • Greatness requires making sacrifices 
    • A friend offered Arnold a job managing gyms for $250,000 a year but Arnold turned it down because his goal was to become a world-class bodybuilder. This was a big sacrifice because Arnold only had $27,000 in his bank account at that time.
  • Greatness requires paying attention to the smallest details
    • Arnold hired a ballet teaching to help him improve his posing for his bodybuilding competitions
      • He also studied films of how his competition posed so he could out pose them on stage

Failing Doesn’t Equal Failure

  • Don’t be afraid of making a big goal, everyone fails, including even the most successful people out there
    • Michael Jordan has missed dozens of game-winning shots
      • “The only way you can push ahead and make it big is if you’re not afraid to fail” – Arnold Schwarzenegger
  • Failing at something doesn’t make you a failure, only staying down does
    • If you fail, dust yourself off, get up, and continue 
      • There have been several bodying competitions that Arnold’s lost, but he never gave up. He worked to get better and eventually became one of the world’s greatest bodybuilders of all time. 
  • The most growth in bodybuilding comes from doing forced reps when you’re near the point of muscle failure, the same is true of your personal growth. People who keep pushing themselves and keep going are the ones who grow the most.

More Life Advice

  • Arnold’s life philosophy has been to aim at the top of a field instead of starting at the bottom
    • For instance, he ran for governor instead of being a mayor or senator first
      • Even though Arnold didn’t have any experience in politics, he saw that California needed a governor and he believed in himself and his vision 
  • Don’t dance around your dreams, identify and then go after them
    • “Before you do anything, sit down and find out what is it that you’re passionate about” – Arnold Schwarzenegger

How Arnold Met So Many World Leaders 

  • How did Arnold have the chance to meet George Bush, Nelson Mandela, Xi Jinping, the Dalai Lama, and many more incredible people?
    • The key wasn’t networking, it was helping others and having shared interests 
      • “All of the people that I’ve met throughout my life it was because it was organic, never networking to get in there to meet them” – Arnold Schwarzenegger
  • Arnold met President Bush when Bush was still a vice-president and later helped him campaign when he ran for president
  • Arnold met Mikhail Gorbachev because the two of them were into charity work and they ran into each other at a charity event
  • Arnold met Nelson Mandela because Mandela wanted to promote Special Olympics and Arnold was named the national coach for Special Olympics

Books Arnold Loved

  • The most influential book Arnold has ever read was “Free To Choose” by Milton Friedman
    • Arnold had grown up in a socialist country and had heard terrible things about communism so Milton’s opposing views were in line with how Arnold believed things should be run
      • Milton believed in a free market that gave people the power to choose what to do instead of relying on the government for all the answers
  • Arnold once got a book about Winston Churchill from Boris Johnson
  • Arnold enjoyed reading about the life of Sargent Shriver who founded the Peace Corps 
  • In general, Arnold tends to read books that have to do with economics, politics, and the environment

Additional Notes

  • Arnold views real estate as a great investment; he says you just need to know how to adapt to the current market or hold it for the long term
    • A piece of land Arnold bought for $5,000 decades ago is today worth $1 million
  • After Arnold moved to America, he got a speaking coach to reduce his Austrian accent
  • Arnold played a massage therapist in a film with Lucille Ball 
  • Because Arnold was an action star, Hollywood film executives didn’t want to hire him as a comedy actor in Twins. So, Arnold said he’d do it without any salary and would instead take a cut of the profits. Arnold got the main role and he’s also made a ton of money from the money.
  • The greatest feeling in life doesn’t come from making millions of dollars, it comes from giving back and helping others
Business Lunch with Roland Frasier : , , , ,
Notes By Alex Wiec

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