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This episode is a business coaching course that explains the impacts of the election.

Results-Focused Training, Tools, and Workshops from Expert Business Coaches.

Featured Coaching Excerpt - Notes & Transcript, Part 1
  • Fun Factoid: Bernie Sanders will be requiring employers to provide at least 12 weeks of paid family and medical leave; two weeks of paid vacation; and 7 days of paid sick days. Real family values are about making sure that parents have the time they need to bond with their babies and take care of their children and relatives when they get ill.
  • Editor's Note: The NBA season usually comprises 82 games, played from October to April.
  • Lesson Nugget: Celebrate excellence, not average.

- We talked about the minimum wage as being one of the platform topics for Sanders' campaign. The other is the paid leave, the time off, so if Sanders is elected what he's said in his platform in his speeches is that he's gonna require employers to provide at least twelve weeks of paid family and medical leave - Sorry I was just, I had a - A thing - Yeah it was weird - Two weeks of paid vacation, okay and seven days of paid sick days, okay so that's just a part of it that's a component but Z what does that really mean for small business owners? I mean it makes sense, you know if you're maybe a large, big boxed retailer and -- - It doesn't even make sense to them I know you're trying to give 'em a bone here but you know it just makes no fiscal sense. To go in to me, I'm a business man, I'm starting a business and now you're gonna dictate that I have to it's just crazy for government to step into our personal lives like that and say well the only way you can get a business the only way you can have a business in the United States of America, the greatest nation on this planet, that's why everybody's trying to get here. We're trying to build walls to keep people out. Other countries are building walls to keep people in, you get it? I mean there's a difference there. - That right there is a true statement, just bein' real. - Yeah we're the greatest country so to try to fundamentally change the greatest country in the world you gotta say to yourself why? But to go to somebody like me as a small business and sit there and say I've got one employer and I gotta give 'em off four months out of the year? I'm like huh? - Let me use an example if we were gonna play sports. Let's just say we're talking about sports. When I played basketball I was six feet tall when I was in eighth grade and I haven't grown at all since that time okay so I was really tall as a sixth grader, seventh grader haven't grown at all. Well I was very good as a six grader seventh grader. So I played all the time I pretty much dominated Did what I wanted to do, did great. Well I quit growing and my skill set really didn't develop either. - And neither did your dishwashing skills obviously. - My high school coach, I remember talking to the coach and he goes "Hey, you're not "gonna be a starter on this year's team." And that hurt my core but the team did better because I just wasn't good enough to play at that position. Well if you think about the economy if someone works in my office and they're not good enough to deliver to get it done think about your economy as a sports team. If you've got someone on your team who's weighin' 450 bills and he's slow and he doesn't want to be on the team and he just is on the team because that's the only job he can find, he's just on the team. And you're gonna run him out there as your starting center and you can't cut him and you can't fire him and you can't replace him then how are you gonna win? Furthermore, what kind of sick freak would want to get in perfect physical shape to play at the highest level, the National Basketball Association where you're running around eighty-two games a year, practicing who knows how much, I mean those guys have body fat percentage and Marshall used to play sports but they have body fat percentages of what, 6% 7%? - Yeah - I mean these guys are committed. They're eatin' protein, they're gettin' their beauty sleep they're workin' it, who would want to go through that personal hell if you couldn't make millions? I tell ya there's not many pro athletes who would go through that personal hell if there wasn't a reward at the end and then what kind of team could win if everyone was paid the same regardless of how they perform and I just, the whole concept. - It's the participation trophy, it's just it's not it doesn't say "Hey listen, if you work "hard you're gonna achieve this." You know we want to celebrate excellence. We don't wanna celebrate average and that's what's happened and so you know it's one of those things you have to look at fundamentally. When people come out and say "Hey listen." And they rant and rave about how bad our country is have you travelled around the world any? Have ya gone to Europe or Central America here lately, really? And you think, now I know we can do better. Don't get me wrong, I know we can do better. But if you've travelled any bit you're like as soon as that plane gets back in U.S. airspace and it lands at your United States city and you just wanna get out and kiss the ground you just wanna say "Oh I'm so glad to be home in America." - A lot of people have not travelled. I know the first time that I did. I remember that eye opening experience because I went, I was at a resort down there in Mexico a nice resort and I remember just leaving the resort because I needed to find my we talked about this on a different episode but I was trying to find my shoes. My shoes got destroyed basically on one of the excursions so I had to buy I learned the word was zapatos. I had to buy my doce zapatos my size twelve shoes. I had to go out there and find these things and I, you realize like whoa this is very different I mean the wealthiest of the wealthiest people over there are, there are some extremely wealthy people but the average person, their standard of living is so much lower, they're great people but yet their standard of living is so much lower I mean I didn't feel safe at most of the stores I went to, most of the places. - Yeah, yeah. - And my wife and I are very good friends with people who've left Mexico to come up to the United States for better opportunity and the stories they tell of livin' in Monterrey and what that's like, I'm just saying, back to your point, many countries are building walls to keep people in, that's what the communist countries always end up doing. Every communist country has always built a wall to keep people in, every one of 'em. They do it. - Yeah, it's the move. - And in America we're trying to keep people out. I mean that's the idea so I mean I'm not saying we're in favor of building a wall or not - We're not trying to keep 'em out, we're just trying to keep 'em to where they come in the country through our rules. We have a set of rules, you can come in, we'd love to have you come in and you know if you check these boxes we'll welcome you in. But the wall just keeps the illegal ones from coming out just to make a point on that. - And just to make another point on your point, I know you locked your house last night Marshall but I just snuck in and slept there and ate what I wanted. - Well that explains a lot, okay. - Alright so back to you.

Featured Coaching Excerpt - Notes & Transcript, Part 2
  • Notable Quotable: "I never took a day off in my twenties. Not one. And I'm still fanatical, but now I'm a little less fanatical."
    -Bill Gates
    (American business magnate, philanthropist, investor, and computer programmer. In 1975, Gates and Paul Allen co-founded Microsoft, which became the world's largest PC software company. Wikipedia )
  • Fun Factoid: Robert Zoellner has been an optometrist and entrepreneur in Tulsa for more than 22 years. His current business ventures include Z66 Auto Auction, Rockin’ Z Ranch, Dr ZZZ’s Sleep Center, Dr. Robert H. Zoellner & Associates and Thrive15.com.
  • Fun Factoid: Elephant in the Room Men's Grooming Lounge provides an experience for the modern man looking for more than just a haircut.
  • Notable Quotable: "If it ain't broke, don't fix it."
    -Dr. Zoellner
  • Donald Trump's Economic Platform Point: No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes.
  • Definition Magician: A flat tax (short for flat tax rate) is a tax system with a constant marginal rate, usually applied to individual or corporate income.
  • Dating Tips For Marshall: Get Your Act Together & Date Yourself!
  • Editor's Note: For any questions, click the "Ask The Mentor" tab on the bottom right of your screen.
  • Editor's Note: Don't forget to get registered and VOTE!

- So we talked about one side of the fence here, I want to get to the other one and tee it off with a notable quotable from, actually, Bill Gates, okay. Have you heard of Bill Gates before? - Rumor has it, Microsoft is doing fairly well. - Okay. - Right now. - He wears glasses, that's why I like him - Seems smart, seems smart. - Well what Bill Gates says is, "I never took a day off "in my 20s. "not one. "And I'm still fanatical, "but now I'm a little bit less fanatical." Clay, what does he really mean by this statement here, you know? - Well, let's get into this real quick, 'cause I want to make sure we get this, 'cause I look at Dr. Z as a mentor, kind of a business hero of mine, and I want to make sure people get this, because one of the things you see as you start to study successful entrepreneurs, you're gonna notice this. But Bill Gates didn't take a day off, and he famously didn't. He worked, he worked, he worked, he worked. At a certain point he goes, you know what, I don't have that grind needed to run the day to day operation, so I'm gonna have someone else do it, and I'm gonna focus on philanthropy and whatever, but he was a grinder. So a lot of people only know him as the philanthropist who is running around and taking all the time in the world to do interviews and just hang out, but he was a grinder for a long time. So a lot of people see you and they go, wait a minute, Dr. Z, he must have it made, the guy wears a soccer jersey all the time, he's always relaxed, he's always casual, well you know, that'd be nice. Well, your optometry clinic, I believe, was open, Dr. Zoellner and Associates, seven days a week? - Six days at first, - Six days. - and so the seventh day I worked for somebody else. - And so you, real quick, you were there six days a week at one point? - In my own office, but I worked seven days a week 'cause I was off a day, but I wanted to go work. - So you worked seven days a week for how long to get your business where it finally became solvent or profitable or how long did you do that? - I think, probably, that's, kind of, in my memory bank here, let's see, probably the first three years maybe. - And so I'm just saying, we have a haircut business, Elephant in the Room, and this month, I'm proud to declare, we made a $50,000 profit for the first time this month. - [Robert] That's celebration. - We're excited, but I remember I - Now you send 45,000 of that to Bernie Sanders and let him - Well I was writing checks every week, though, for two, three grand, every week, for the longest time, just trying to get that baby up, up, up, and now I'm finally starting to make a little money back and now the pendulum switched now we're gonna franchise it. I'm just saying, if there is no pot of gold at the end of the rainbow, why the freak would you want to work hard enough to do, I mean? - I don't know! And I don't know why we're trying to change the greatest country in the world, fundamentally change it. I really don't. I mean, I'm gonna tell you something, two things here, if it ain't broke, don't fix it. And you know what, that's so powerful, I'm just gonna say the one thing. - Okay, I'm just gonna marinate on that while Marshall's talking about, he's reading a truth bomb, knowledge bomb. - Okay, so the other side of the fence here and Z, maybe you can just comment on it briefly here, - [Robert] You bet. - but the other leading candidate is Donald Trump, and - You're fired - One of his economic platform positions is that no business of any size from fortune 500 to a mom and pop shop to a freelancer, will pay more than 15 percent of their business income in taxes. And so that kind of is maybe a little bit more in line with the Bill Gates mentality of really working and reaping what you work for. - Well the devil's always in the details and a lot of that's going to depend on what you can do as deductions, because right now, so many organizations set up their business to where they're spending money in X different ways so that they're, and that reduces their tax liability. That's why they look at some of these companies and say, they only paid this much in taxes. Well yeah, because the tax code allowed them to make this donation, this deduction, this purchase, this thing to reduce that. That's what people don't understand it's that not just a magical thing. There is a formula out there that definitely needs to be fixed, I mean, it has to be fixed for this country to succeed. So the flat tax is great, but it's also, like I said, there's other details that come with that. To just say flat tax is not everything that you need to hear. - Alicia if Donald Trump builds a massive wall outside of San Diego right there on the coast of, right near Mexico, or if Bernie Sanders comes in where I raise the minimum wage by $15, guess what? Life goes on, you still have to win, back to your main idea here. You're gonna have to figure out the rules and play by them. So we're just here to give you that business mindset, the business perspective. We're homers for business, that's what God's blessed us with is business knowledge. - There you go, now I'd like to, can I get a little dating music? I'd like to take it down a notch we've been pretty intense, the election, the arguing, the debates, the back and forths, you know. - [Clay] I'm tired of you guys fighting. - And I've got a bigger problem here. I've got a bigger fish to fry and that is literally Marshall. He's getting out there in the dating world and Alicia, if you're single, I don't know, I mean if you're single, I'm trying to get Marshall prepared to date. And so Marshall, another dating tip, I want you to really focus on this one, you gotta get your act together son. You gotta get your act together. You know what that means? You gotta work out, you gotta get your diet, your exercise, you've gotta get your body fit, both mentally and physically, okay? You know, and then you need to go to Elephant in the Room. You just did. Get your hair cut, get a new style, make sure you're the latest, greatest version of yourself. Right? You following me? And you need to start by, kind of, the mindset is dating yourself. - Oh. - And so once you get yourself, high and tight as we call it, you're ready to step on out there, start dating. - Marshall, and that's probably almost too much for you to handle, but I want to encourage thrivers, no matter where you're listening from, if you're in San Diego, you're in Canada, we have thrivers in Egypt right now, just email us your questions. Click the ask the mentor button on the thrive15.com platform, and for $19 a month, if you don't have a mentor, guess what, now you have one. 19, it's awesome, thrive15.com, check it out. Marshall, what else to do you have here for us? - So for all of the video version, make sure you go to thrive15.com, all the downloadables, the transcripts of today's training. It's gonna be great. And for all the thrivers that are listening, make sure that you tune into the next podcast where we're gonna be getting into some of the hiring process and the group interviews. - Just real quick, I will not be here during the next episode, but I'm gonna be paid during to be here. You know what I mean? 15 an hour minimum, just throwing it out there. - Just throwing it out there. - Well is this part of your 12 week off time? - Yeah, I mean, I could be pregnant. - Could be pregnant, paid vacation. - Don't ask me, it's personal, you offended me, you can't do that either. -can't ask that question. - That's right. - Okay, well. - Thrivers, thank you guys so much. Dr. Z, Clay, I appreciate you guys. - I'm not gonna respond 'cause I'm getting paid to not be here. - But listen I want, last final thought out there, we're in election year, it's a big year for everybody, there's so much on the line. Get involved, get on their websites, read about the candidates and go and vote - Vote, V-O-T-E. - It's a four letter word, but it's okay to say it. - Vote

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