
My conversation with Shark Tank's Robert Herjavec left me truly inspired. From his humble beginnings as an immigrant living in poverty to becoming one of the most successful tech entrepreneurs, Robert's story is a masterclass in resilience and reinvention. What struck me most was his emphasis on joy – not just experiencing it, but embodying it as a transformative force in business and life. He opened up about his darkest moments, including thoughts of suicide, and how serving others at a homeless shelter helped him rediscover his purpose. Whether you're an entrepreneur looking to scale your business or someone seeking to find meaning in your journey, Robert's insights on moving from hard work to smart work, and his perspective on wealth versus true fulfillment, will challenge your thinking and inspire action.
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Lewis Howes
There are two big things happening at one time that I've never done before.
Robert Herjavec
I'm going on a book tour for.
Lewis Howes
My new book, Make Money Easy, and I'm doing a podcast tour at the same time. It is going to be big and I'm going to seven cities in 10 days. Get your friends, get your family, Bring everyone you know to these cities. I'm coming to Austin, Texas, New York, Boston, we're going to Nashville. Then we're going to Los Angeles, San Diego and San Francisco. Make sure to get your tickets right now, go to Lewishouse.com tour again. Bring everyone you know. If you're looking to create more financial freedom and abundance in your life and you want to see a massive guest live on the School of Greatness show, get your tickets.
Robert Herjavec
I can't wait to see you there.
Lewis Howes
Welcome back, my friend, to the School of Greatness. If you are like me and you love business and entrepreneurship, if you love how to turn creative ideas in your mind into a reality, into the physical world to be of service to other people, then this is going to be.
Robert Herjavec
The episode for you.
Lewis Howes
And for years, years I have been watching a show called Shark Tank and we've interviewed many of the sharks on this podcast over the years. Some of my friends who we've had on here, who have helped invest in small entrepreneurs and business owners for years on Shark Tank and also just inspired people through educating and informing them how to really grow a business. And today I get to interview Robert Herjavec, who I've always been inspired by. He's kind of like one of the nicest sharks, it seems like, on Shark Tank. And I've always been inspired by his insight and his generosity. And he, he is a powerful business leader, entrepreneur, and today we're talking about how to explore the deeper dimensions of building wealth and living a life of purpose. He's going to share intimate details about his journey, including a powerful story on how hitting rock bottom led him to rediscover his faith and joy. There are so many moments where Robert had to pause and think and really reflect about the questions in the conversation we were talking about because he hadn't been asked some of these questions ever. So it was fun to have this conversation with him where a lot of these individuals who were on TV or doing a lot of interviews usually get asked the same questions. But as you guys know, I like to go off script a lot and ask things that I'm feeling based on how someone's energy is, how their heart is, and how our connection is before the interview actually starts and he reveals game changing insights about the difference between hard work and smart work, why real wealth requires more than just passion, and how to maintain joy while pursuing ambitious goals. He's shared some so many cool stories right off the bat that I think you're really gonna love. So make sure to take notes. Share this with one friend Just copy and paste the link on Apple or Spotify and share it with a friend and and if you're looking to really create a path to peace, freedom and financial abundance, I am going on tour very soon. That's right. I'm doing a book tour and podcast tour merged into one to one epic seven city ten day tour around America. And if you haven't got your tickets yet, go to Lewishouse.com tour right now. While you're listening to this episode, you can just click the link in the description of this podcast episode. While you're listening, open it up and see what city I am coming to because we are going to have massive names that I'm going to do a live interview on stage at each city and you do not want to miss who I'm going to have. Some of them I might announce. Some of them are going to be big surprises. So go to lewishouse.com tour if you want to have an evening of greatness with a community of like minded individuals who want to continually elevate their mind and their power in their purpose every single day. If you want to be around that type of a community, go to Lewishouse.com tour and get your tickets. Bring your friends, bring the whole family. It's going to be a party, a celebration.
Robert Herjavec
We've got a book tour, we've got a podcast Tour.
Lewis Howes
All in one. Get ready for an evening of greatness at Lewishouse.com tour and again, I am very excited and I appreciate all of you who are supporting on this journey of greatness. And again, big thank you to everyone who is just showing up for yourselves as well during these episodes. Taking this information in, diving in deep, sharing with your friends. I appreciate you, I am grateful for you and you deserve great things in your life. Without further ado, let's dive into this episode with Robert Herjavec. The School of Greatness is proudly sponsored by Amica Insurance. As Amica says, empathy is our best policy. That's why they'll go above and beyond to tailor your insurance coverage to best fit your needs. Whether you're on the road, at home or traveling along life's journey, their friendly and knowledgeable representatives will work with you to ensure you have the right coverage in place. Amica will provide you with peace of mind. Go to amica.com and get a quote today. Some people think self care is indulgent. You know firsthand that's a myth. And you know what else is a myth? That Discover isn't widely accepted. The truth is Discover is accepted at 99% of places that take credit cards nationwide. You heard that right, 99%. And every time you make a purchase with your card, you automatically earn cash back. It pays to Discover. Based on the February 2024 Nielsen report. Learn more at discover.com credit card if you are on the hunt for your next home or you're just in the mood to check out some cool dream spots, which is also a great manifestation technique, then I see you make sure to try out the Redfin app. With Redfin, searching for homes or apartments is super easy and actually pretty fun. You can explore everything for sale or rent in your area all in one place. And when you find that perfect spot, just book an in person tour right through the app. It's that simple. So whether you're looking to buy or rent, Redfin's got you covered. Download the Redfin app to get started.
Robert Herjavec
Welcome back everyone in the school of greatness. I'm very excited about our guest. We have the inspiring Robert Herjavec in the house. So good to see you sir.
Guest
Thank you for having me.
Robert Herjavec
Welcome. I've, I've watched you for I guess 15 years now on Shark Tank or 15 plus years.
Guest
17.
Robert Herjavec
17 years on Shark Tank. We have many mutual friends that, that you're buddies with that I've had on the show as well. And you just have an inspiring story and inspiring life. And I'm glad we got to connect a little bit before this because you've been inspiring young and old entrepreneurs for many years to learn about how to grow their business, how to launch a product, how to package and position their product. And I mean your story is pretty fascinating because you're an immigrant. You're an immigrant family. I think you came to Canada when you were eight but you didn't have anything. Your dad didn't have any money. You guys were living in extreme poverty. So how do you learn to go from I guess a poverty situation and turn it into an abundance mindset? Like when does that learn switch for you of like we're in poverty whether you knew it or not, but you had a poverty mindset or maybe you didn't, but you're in experiencing poverty. When does that Switch on to abundance of wealth mindset.
Guest
It's a great question, and that's a great question. Somebody asked me yesterday because they knew my story. I went for a medical, and the nurse was like, oh, my God. I read about your story, and you came to Canada with nothing. Blah, blah, blah. Must have been so hard. And the truth is, it wasn't. I mean, it was my mom and dad escaping from a country, coming to Canada on a boat with one suitcase, and I'm the only child.
Robert Herjavec
Wow.
Guest
So for them, absolutely horrifically hard. Didn't speak the language, had no money. My dad was in jail, could never go back the whole nine yards.
Robert Herjavec
Wow.
Guest
Comes to a country, doesn't know anybody, doesn't speak the language. Now I'm eight years old, first time on a boat.
Robert Herjavec
Like, it's an adventure.
Guest
It's an adventure. It just been poverty wasn't my mindset, and I think that's a big difference. I think people that are born into poverty or encompassed in poverty, it's harder to get out of. My mindset was Joy, really. So I grew up on a small village with my grandma. Like, the traditional vision of poverty with dirt floors. We didn't have a phone. Like, it was one of those. Like, it was a village. There was one phone. If you want to get a hold of my grandmother, you call the guy with the phone, and he came running like. But I didn't know we were poor because everybody around me lived like we lived.
Robert Herjavec
So enjoy. Oh. I mean, everyone around you lived the same.
Guest
The same. So it wasn't. You were rich, I was poor. We all lived in a little dirt floor outhouse. It was fine. But as a child, we had animals, and it was joy. I didn't realize that we were poor until we came to Canada. And when I went to school, I remember this so clearly. I don't remember the journey. I don't remember any of it. My mom thinks I blocked it all out, but I remember the first day of school and kids picking on me and making fun of me and telling me I'm a poor immigrant. Wow.
Robert Herjavec
First day of school.
Guest
First day of school.
Robert Herjavec
Because you don't speak English either at this point, Right.
Guest
And there was no English. English classes, so they just threw you in.
Robert Herjavec
And that must have been kind of terrifying also, like, terrifying. I don't know. What's this teacher saying? Yeah.
Guest
And I came from an environment where I was really a lot of fun. My dad was the youngest of 15 tons of cousins, and I go into an environment where I literally don't Speak the language, and kids are making fun of me. I really don't know why they're making fun of me. So I learned poverty, and I learned poor as a situation. So I never thought I was poor. I just thought the situation we were in is poor. And I know it's a very subtle difference, but I think you learn your mindset, and I think poverty is a learned mindset, and I think abundance is a learned mindset. I didn't learn a wealth mindset until later on, and I always think if I would have learned an abundance mindset sooner, I would be much wealthier today.
Robert Herjavec
Wow. So what is a poverty or poor mindset versus a wealth or abundance mindset? What do they both encompass?
Guest
The beginning for me is a poverty mindset is when you believe you're poor or you believe that you are the cause of the situation you're in, or you believe that external circumstances have made you what you are. I never believed I was poor. I just believed our current situation was poor, really. So I just. I got to a point where I didn't want to be in that situation anymore, but there was nothing wrong with me. My mom loved me. I was a good human being. I just had to get out of this situation.
Robert Herjavec
So how do you learn then, to get out of a situation of, I guess, poverty or not having a lot? How do you learn? Is it a skill? Is it a shift of energy? Is it a shift in thinking that allows you to get out of that situation? A shift of, I need to act in a different way. I need to become something different in order to create abundance? What does that shift look like?
Guest
Yeah, that's a great question, too, I think.
Robert Herjavec
And how old were you when you were like, okay, I'm not poor personally, but I'm in an environment that isn't.
Guest
Thriving, probably around 12, because it was just such a crappy environment, and we have no money. And at that point, I'd been poor in my mind for four years, and we constantly moved schools. So, you know, when you're an immigrant, you make a little bit of money, you live in a crappy apartment, you make a little bit of money, you live in a better apartment, and so on. So by 12, I'd gone to, like, three different high schools, and my dad worked unbelievable amount of hours, like two.
Robert Herjavec
Shifts and manual labor, I'm assuming, contractor.
Guest
Collar, factory swept floors. I mean, eventually he became a millwright, taught himself. Somebody gave him an opportunity, and, you know, they paid off their house, which was, you know, the immigrant dream.
Robert Herjavec
Right.
Guest
But I think at 12, I'd been living like that for four years, and we went to a better high school, and every time we went to a better school, the kids around me had more. The richer.
Robert Herjavec
Yeah, yeah. You're like, I've got a little more, but they've got a lot more.
Guest
So I'd be like, I'd be in this high school, and we'd make a little bit of money. And I was poor, but, you know, the other kids weren't that much better off. And then we moved to a better house, and now the kids were way better off. And I was just like, wow, this is. I'm never gonna get out of this cycle. How do you get out of this cycle?
Robert Herjavec
And I think, do you feel like you've gotten out of that cycle at this season of your life? Because now as you start to generate wealth, you're around people that have million dollars, then hundred million dollars, then billion, then billions, and you're like, do you find yourselves kind of still in that at some times?
Guest
Very, very true. You know, there's an. What's the saying? You are the net result of five people you hang out with. And I think it's really true. I think that you are. It's very, very, very rare and hard to raise yourself up on your own. I think if your environment, your parents, your friends are constantly pulling you back, it's. It's hard to keep going. Like, you think. I think back, and I think none of my friends I grew up with ever made it, and it would have been so easy to stay there. But I think as you do more and you get more, your circle influence and your friends becomes wider.
Robert Herjavec
Right. So when was that switch then for you? You're 12. You start to become aware that, okay, we're moving around, but I'm still in this poor environment compared to everyone else around me. Was it an energy shift, a thinking shift, or an action shift that allowed you to say, I'm now creating abundance in my life?
Guest
Yeah, that's a great question. For me, it was an energy shift. Now, I've always been pretty high energy, right? So I've always been like, go, go, go, go. What I didn't realize at the time was I was looking for external things to make me better. It took me a long time to realize I can't. I can't take external things to make me better until I become better. You know, I always say, show me a small business in trouble, and I'll show you an entrepreneur in trouble.
Robert Herjavec
Wow.
Guest
There. It's very, very difficult to disassociate a lazy, unmotivated entrepreneur with a highly successful business and vice versa. And that was me at 12. I was just pure energy bouncing off the walls. You know, like we talked about. I want to be a detective. I wanted to join the FBI. I wanted to be an actor. Because immigrants think if you're on TV you're rich, you're making money.
Robert Herjavec
Yeah.
Guest
Like I just wanted not to be poor. Poor, but I didn't know how to be rich.
Robert Herjavec
Interesting.
Guest
And I understand that mindset. And it, as corny as it sounds, it always starts with you. It always starts with discipline. It starts with habit. It starts with learning.
Robert Herjavec
So what did you start learning to support you from going to poor to abundance Mindset?
Guest
Sales. Really? Yeah. Sales people always think I'm wealthy because I'm really good at computers. And I am, I'm probably one of a handful of the top cyber people in the world. But I'm not wealthy because of my knowledge of a task. I'm wealthy because of my knowledge of sales and how to get, how to sell what I'm doing to other people.
Robert Herjavec
What was the first lesson you learned in sales or the first sale you ever made in life?
Guest
You can't force somebody to buy something they fundamentally don't need. I was very lucky that way because if I would have been taught to used car sales, mini schlocky way, I mean, I was just hungry for knowledge. Like I would have gone anyway. Like I always think if somebody will have taken me under their wing and they were like a con man, I would have been a con man. Right. I was just very lucky. Like you and I talked about, I got to learn from a guy named Harry Rosen who was a legend in Canada, owned the biggest men's. And he was just a nice human being. So I went there to buy a suit and it was like, this is a long time. And it was like twelve hundred dollars.
Robert Herjavec
And you're like, this is crazy.
Guest
And I'm like, oh my God, I can't afford twelve hundred dollars more money than I'll make this month. Kind of. Wow. And the salesman said to me, you know, if you work here, you get to buy one suit every six months at 50% off. So I was like, great. So I got a part time job there and I get a job there. And the guy who owns the place called Harry Rosen, now it's a multi billion dollar company. But Harry used to teach on Saturdays. If you showed up an hour before the store opened, he would teach you.
Robert Herjavec
How to dress that's cool.
Guest
You'll love this. So, like, the guy's a legend. It was like, even then, it was like the biggest shop in Canada. And he says, drop at 7:30 because there's a store opened at 9 and I'll teach you everything you need to know about dressing and how to sell to men. And I'm like, like, I am so excited. I leave, it was like a Wednesday. I show up on Saturday. Nobody there, nobody there. So it's just him and I. Wow.
Robert Herjavec
No one else shows up.
Guest
No one else shows up. So later in the day, I say to my buddy, hey, how come nobody showed up? You know what he says? No one's paying me to show up.
Robert Herjavec
Interesting.
Guest
Isn't that interesting?
Robert Herjavec
Your friend? My friend, yeah. Unless I'm getting paid. Unless I'm gonna show up at 9. Because I get paid at 9.
Guest
Yeah. I don't get paid.
Robert Herjavec
Interesting.
Guest
I don't get paid. What I heard is I don't get paid. He said, I don't get paid to learn. And I always thought, I don't need to get paid to learn. I'll learn for free.
Robert Herjavec
I'll pay to learn.
Guest
Yeah.
Lewis Howes
From the best.
Guest
Like, I thought I would have paid him to teach me. It was great. He taught me everything. He taught me everything. How to dress, how to spot someone with money. So I've always been lucky to kind of found that. Then I worked for Warren Avis, who started Avis Rent a Car. Wow. And, like, I've just been really fortunate to have great role models who are good human beings.
Robert Herjavec
I mean, those two, I guess, mentors and people you worked for, they both have billion dollar brands now, right? Multiple billion dollar brands, yes. That's kind of rare that when you're in your teens, early twenties, you. You randomly.
Lewis Howes
How do you.
Robert Herjavec
Is it a random thing? Or do you just know, oh, this guy could be something one day? That's pretty impressive.
Guest
I just.
Robert Herjavec
You could have worked anywhere.
Guest
I could have worked anywhere.
Robert Herjavec
Could have worked at a local restaurant or the barber shop or that wouldn't have been this, you know, mega billion dollar business. But you worked.
Guest
I think, how did I end up there? Right? Because I think back and I think none of my buddies got a job at a men's career. Like, what? And so if I think about it, what I've always been good at is not lying to myself. I think I've always been brutally honest with myself. Like I told you, I went on my first sales call, I went to see a customer, and the customer said to me, you dress like crap. I've never had an ego for success, so if somebody said something to me and there's even an ounce of truth to it, I would take it in. I would leave my ego at the door. So when somebody said to me, you dress like crap, it wasn't like, oh, I'm so offended. What are they talking about? It was like, oh, do I dress like crap? And then you go home and you look in the mirror and you're like, yeah, I dress like crap. How do I get better? And then it just looked up the best men's store.
Robert Herjavec
Wow.
Guest
So I've always had an ability, I think, to be honest with myself. There's a saying that the biggest lies in life we tell are the ones we tell ourselves.
Robert Herjavec
What's been the biggest lie you've been telling yourself lately?
Guest
That I'm. The biggest lie I've been telling myself lately is that I've made it. I got to a point where I felt like I've kind of made it. And just in the last few months, I've been thinking, hang on a sec. Because you. You tend to, you know, like, I'm older Now, I'm 62, and you think, oh, I'm kind of at the end of the road. Because I know a lot of older people who are super successful and they're like, kind of in coasting, and it begins to affect me. And I kind of. When? A few months where I'm like, yeah. And then one day I'm like, hang on a sec. Like, age is a number. And there's lots of people that can start something at this age and have more capital than I've ever had. So, yeah, I think I can still do it again.
Lewis Howes
Interesting.
Robert Herjavec
So you've. The lie I've been telling yourself is you've made it. But what is making it? You know, when have you made it? If someone looks at you or watches this and they're like, if Robert doesn't think he's made it with all the money, he has all this success from multiple industries, from TV to personal brand to social media, everything you touch has blown up. If he doesn't think he's made it, I have no chance of making it.
Guest
That's such a great question, because you think about that when you're starting out. You always think, oh, if I had.
Robert Herjavec
Yeah.
Guest
A bigger house.
Robert Herjavec
Yeah.
Guest
Like, you know, you live here and you drive by Bel Air.
Robert Herjavec
Sure.
Guest
And you think, oh, I bought a house over there. I made it. Or you have a. I don't know, a Corvette. You Think, oh, if I had a Ferrari or. And they think, oh, if I had a jet. And then you have a jet. And then you think, what if I have a bigger jet? Like when I sold my last company, in my mind, I had what I have. I had a G4. Right, right. And I used to think, I mean, this is how shallow it was. I used to think, oh, if I had a G6, Come on, then, then I made it. I made it because my G4, my G5. And so I sold the business and literally within two weeks I bought a G6. And this is a long time ago now, I think, I don't think in terms of things, of making it, I think in terms of potential. So when I think I haven't made it, I don't think I've reached my potential. So I don't. There is no car I want to buy or no jet I need to buy, or no home I need to buy to fulfill me. What I need is I need to feel like I've drained every part of my potential. I want to feel like when I'm on my deathbed that I say, I couldn't have done more. Wow. And whatever that is. Because I think it's different for everybody.
Robert Herjavec
Yeah.
Guest
So for me right now, it's really about getting super fit. It's about starting another business. It's just about taking everything I've learned and applying it.
Robert Herjavec
You have a series on social media that's about the lessons you've learned from billionaires. And you've been around a lot of billionaires. And people can go on Your Instagram and TikTok and YouTube and watch all these videos. I think they're really interesting lessons. But if you could share the top three lessons you've learned from billionaires, what would those three lessons be?
Lewis Howes
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Guest
Wow. Number one knee jerk is absolute obstinate obsession about their skill set. Not about the world in general, but about that one thing. Do you know what I mean? Like it's not all the billionaires I know wouldn't would struggle on Jeopardy.
Robert Herjavec
Right?
Guest
General knowledge doesn't get rewarded. Interest, specific knowledge. And so that's the first thing that comes to mind. Like I don't know a single billionaire that isn't a world class expert at a very narrow singular task. I think the second one would be curiosity. It's hard to be abundant if you're not curious. I love to learn. I love to. How did you start the podcast? How did you. I'm fascinated. And I think that comes into. Because people of great wealth tend to be problem solvers. We tend to like problems. And I think the third one would be discipline. Now, discipline is different, right? Like, discipline to me is fit body, fit mind, fit business. But I have billionaire friends who are slops, sloppy.
Robert Herjavec
Right?
Guest
Yeah. You know, they're. They don't. They eat like crap, they're overweight, they don't care, but they're extremely disciplined about their business. Like, I think the discipline applies to who you are, and everybody can be different. I think those are the three.
Robert Herjavec
Here's a. Here's a question for you that I think a lot of people, because I have a lot of fit people in my audience, a lot of fitness professionals and people in the health and wellness industry who struggle at making money. They're really good at taking care of their health, and they're jacked or they're fit or they eat all the right foods, but they haven't unlocked how to create financial abundance. So if someone is healthy physically, emotionally, spiritually, but financially hasn't cracked that code yet, what is missing from them to create that financial abundance?
Guest
It's a great question. I think it's the same reason why people who are wealthy aren't fit.
Robert Herjavec
What is that reason?
Guest
They look at the superficial, easy ways to do it. So people that have a lot of wealth think that they can get fit by taking a drug or, or surgery or. Or surgery or they look for placebo type band aids. I think anything hard is discipline and habit. So people that are super fit have discipline and habit, but they're like me when I was a teen. They don't know where to apply it. You know, interesting story for you years ago, because I've always been a pretty fit guy. So years ago, the Army Rangers reached out to me and asked if I'd like to go to the training camp. And, you know, I think I'm pretty fit. So I was like, yeah, raw. Anyway, long, long story. I went. Completely kicked my ass. Huge amount of respect for people in the military, the discipline. When it was done, I sat down with the guy who ran the training program and they kind of did an analysis of over the last couple weeks, what you did. Well, what you didn't. And I said to him, people in the military must be great at business because think about it. Discipline, habit. Like, no one has that more than Army Rangers or most people in the military. He Said something very interesting, which was, it's very rare that people in the military do well in business.
Robert Herjavec
Why is that?
Guest
Why do you think?
Robert Herjavec
I think because they're used to following the rules and taking orders probably and saying, what do I need to do to make sure that my boss is happy and staying in line with the team.
Guest
That's part of it. And that was my answer.
Robert Herjavec
Because you can't break the military mold of how things are done. This is the way it's done. We're not going to change because you have a different opinion about how to run our unit.
Guest
So I said the same thing.
Robert Herjavec
Okay.
Guest
And that's part of it. But he said there's a bigger reason.
Robert Herjavec
Tell me.
Guest
Yeah, and the bigger reason is purpose. People join the military because they have a need to do something greater than themselves. Think about that. You're joining the military, you're willing to lay your life down for our country. Like, think about that commitment. Like, that's not. Gee, do I, you know, am I kind of into it or not? Like that is an all in, passionate commitment. I am willing to die for my cause. So then they leave the military, they get a job in sales and their boss says, if you don't make your number, we're not going to make it for the quarter. And they struggle with that. They're void of purpose. When you have that great a purpose and that leaves you, it's very hard to replace it with a different purpose. You would think they could, but he said that was the reason. Wow. And so I think it's both. Right. Like, I think people with great wealth don't have a purpose to get fit and people that are super fit, really at the core. Show me somebody who's done great things and I'll show somebody with unbelievable purpose.
Robert Herjavec
Interesting. Have you ever had a point in your life where you tied your self worth with your net worth?
Guest
Wow. Yeah. Probably my twenties.
Robert Herjavec
Really?
Guest
To admit it. Yeah. I was very. I was very superficial because my understanding of wealth was very external. It was everything that I saw other people. So my definition of wealth was how other people spent it, what kind of car they had, what kind of a house I had, because I never really met anybody who had great wealth. You know, I always say there's superficial wealth, which is you live for the way you think you should. You buy a nicer car, you get a bigger lease, you get a bigger mortgage, because you think those are the things that you need in order to be successful. And I think once you really achieve great success, you begin to Realize I don't actually need another car or I don't need these things to fulfill me. But yeah, I think in my 20s I was very.
Robert Herjavec
How does someone today not tie their self worth with their net worth? Maybe they're not making a lot of money right now. How do they not let it affect their identity or their core of who they are and the way they feel about themselves? Because they're not making a hundred thousand or millions or, you know, these things.
Guest
Well, I, I think your net worth is not a reflection of your value. Poverty and wealth are situational. So somebody listening to this could be making 50 grand a year. But they're a high power, high value individual. Everybody's at a different stage of their journey. You just got to believe that you're learning the skill set in order to get there one day. And you've got to have a greater purpose in order to get there. So I never thought I was going to end up where I was.
Robert Herjavec
You never thought you'd end up where you are now?
Guest
Well, I never thought I'd end up like I am now. But even when I was poor, I never thought I'd stay there.
Robert Herjavec
Gotcha.
Guest
I see. It's just that the scope of my dreams wasn't big enough. My dream in my 20s was to make a thousand dollars for my age. So when I'm 50, to make 50 grand, to buy a house and pay it off in my lifetime. Wow. And to buy a Corvette.
Robert Herjavec
That was your dream?
Guest
That was my dream. That was my, like, that was the, that was my vision board dream. Like, that was my like, knock it out of the ballpark dream. Because we didn't know anybody who had done those. Wow.
Robert Herjavec
How did you begin to expand your mind to shatter that limit?
Guest
Again? Super curious, super honest with myself. So, you know, when I, when I bought a used Ferrari and I moved into my house, I was so proud of. It was a 1986 Ferrari Testarossa and it was used and there weren't that much money at the time. And I brought it over to my garage and I put it in. And this was my superficial stage. I moved into this neighborhood and I see my neighbor across and his name is Richard, still a friend of mine. So I go over and I'm like, hey, blah, blah, blah.
Robert Herjavec
Oh, by the way, look at my car.
Guest
So he comes over, I open the garage and I'm so proud of it. I've never been arrogant, like, like, let me show you why I'm better. I was just so happy. So I show him my Ferrari and he's like, oh my gosh, this, that's amazing. I love that. Year says, come to my garage. So we go across the street to his garage. He opens up the garage and he has two Porsches. And you know, it's those moments in life that something happens. You're ready to learn it, but you don't know what you need to learn. And then something comes in and those two things fit. And it's an aha moment. And I remember it so clearly. He opens the garage, there's two Porsches. And I worked my ass off to buy a used Ferrari. It took everything I knew to get that car. And it wasn't like it was one of many. I was, it was that. And I walked across the street and that guy has two. And I couldn't fathom how that could happen. Like I was like, how could he do that?
Robert Herjavec
Interesting.
Guest
And so I walk back and I was thinking, there's something I need to be better at. Because the road I'm going, I'm never going to get there.
Robert Herjavec
Really? Because you're like, I've worked as hard as I can work and this is what I got.
Guest
Every piece of knowledge, every bit of hard work, every bit of discipline I had got me one Ferrari.
Robert Herjavec
Now here's an interesting thing I think everyone needs to pay attention to and be mindful of what you're about to say. Because I think what you're about to say from this question I ask you is going to break everyone's minds open. Because a lot of people are thinking, I work 15, 18, 20 hour days already and for years I've been working hard at a job and I'm not getting the exponential growth I like barely making incremental growth. And I don't see a way I can't work any harder to create more wealth for myself. What is the thing that you learned then in that moment about hard work versus creating wealth? Because yes, you need to work hard, but what is the thing that broke you open from saying, I'm going to work a different way that's going to unlock wealth?
Guest
That's such a great question. My dad worked in a factory his whole life. Two shifts paid off, his house in his lifetime. Super successful guy in his world. I will never work a day in my life harder than my dad worked ever. That man was the hardest working human being I'd ever come across. Just because you work hard though, doesn't mean you'll be rich.
Robert Herjavec
Oh, man.
Guest
What it means is you won't be poor. And there's A fundamental difference between the blue collar poverty mindset and the wealth abundance mindset. And what I learned in that moment is I literally friggin couldn't give more. I was sleeping four hours a day. I was great at my task. I was driving my company as hard as I possibly could and it gave me one Ferrari.
Robert Herjavec
It's still cool, but yeah, super cool.
Guest
Nothing wrong with that.
Robert Herjavec
You didn't see how you could get more.
Guest
Yeah. And the first part was, did I want more? Ah, did I was that important to me? And people misunderstand that. They're like, oh yeah, I'd like more Ferraris. It was never about more Ferraris. It was just about how do I get more, how do I get more value, more worth, how do I get a better life? And so I said, yes, I definitely want more. Why not? Why not me? And so that was the first part. Big lesson for me though is you have to pivot. Hard work is absolutely foundational, but smart work is pivoting. Right.
Robert Herjavec
So what did you learn from going to hard work to smart work to create more financial abundance value?
Guest
What I learned is markets and people will pay for value, not for time. People will pay you for your knowledge, not for how long you've been doing it or the amount of hours you're going to spend on it or those kind of things. And what I realized is I wasn't creating enough that really.
Robert Herjavec
For your customers? Your clients or for my customers?
Guest
Yeah, for my customers. And for me, I wasn't learning enough. And it's funny, I actually ended up going to a Tony Robbins seminar, which was really eye opening because I'd never experienced that. And I thought I was a pretty motivated, high functioning guy. And then I went to it. So interesting story.
Robert Herjavec
How old are you then?
Guest
26.
Robert Herjavec
Okay, I want to hear this story because I have a similar story.
Guest
And so I write about this Tony Robbins and this is the early Tony Robbins when he was like, you know, bigger than life and he was coming to Toronto and me and four buddies went to buy tickets. Only one of us bought a ticket and showed up. Wow. All my buddies were like, oh, it's a waste of time. So I go there and I bought like the super expensive ticket, right? Like the one front row and Tony walks in and it's like, boom. And I was like, wow. Like I'm high energy. That guy is transformational energy.
Robert Herjavec
Wow.
Guest
What I realized was all my energy was internal. I was doing a great job of influencing me, of making me better. I saw Tony and I realized I need to make other people better. So I need to make my employees better. I need to make the people I work with like, I need to make them that. And then I need to bring transformation to my customers. And what started for me was a outward transformation of my energy. Before that, I was highly motivated on my own. But if you met me, you wouldn't have walked away and said, oh, my God, that guy's like, boom. After that, if you met me, you would have said, that guy's full of joy. And I started. I started changing our sales pitch to our customers, away from product focus to a subconscious focus, really. I started thinking about why people buy and not what they're buying. And so many people watching are so focused on product features. Why is my product better? We said those things are important, but until we engage people, until we open their minds, they're really not going to listen to us. So we started in our sales calls. Why did they say that? How did they say it? How were they sitting? What did you say? All those things. And none of our competitors like, keep in mind we're in a very, very technical.
Robert Herjavec
Yeah.
Guest
Field. And we're out talking to people about how they feel Interesting. In order to sell them really technical stuff.
Robert Herjavec
Can you give an example what that slogan or line of marketing material might look like or someone's speaking about it to a potential customer. You're not selling tech or cyber technology, right? Or cybersecurity software or tech. What are you then selling?
Guest
We're selling comfort, and we're selling safety. You know, there's a good salespeople sell features, great salespeople sell outcomes, and really great salespeople sell feelings. So we. I pivoted our company and I said, if the only thing you get out of the sales call is that the customer feels better, we've achieved something because that gives you the opportunity for another call. And, you know, there's a. I didn't come up with the same. But the saying is, people never remember what you say. They remember how you make them feel. And when I sold my first company to AT&T. Interesting story. So everything I've learned about business, I learned on my own. I don't have a business degree of degree in classical English literature, so I sold my first company to AT&T for, I think, $32 million. More money than I could have imagined. I was a long time ago.
Robert Herjavec
How old are you then?
Guest
Roughly? 35, 34.
Robert Herjavec
Yeah.
Guest
I mean, 32 million for a kid that wanted to make a lot of money. 50 grand. It's a Lot of money. A lot of money. So AT&T does the due diligence on the business. They hire an external company. Anyway, long story. They bring me in and they say to me, we have a problem. I'm like, what's the problem? They said, well, you know, we, we hired this external company, we looked at your systems, we looked at the way you do ticketing, blah blah, blah, blah. And we measured it with all your customer response and it's not great. And so I'm thinking, oh my God, I'm not going to get the $13 million. So I'm scrambling and I'm like, hey, did you ask those customers if they would buy from me again? And they're like, yeah, actually we did. So they flipped to the last page and they said 97% of your customers said they would buy from you again despite all of these things. And I said, you ask them why? And they said yes. And they said, two reasons. One, you made them happy. And two, they believed if they had an issue, you would take care of them. And so you think about how many people are starting a business. How many people have a product that doesn't emotionally connect with their customers.
Robert Herjavec
That's beautiful.
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Robert Herjavec
Yeah, especially like in a whole tech world, like how can you humanize it or make a feeling come from that type of a product or a service where it may not seem like it's supposed to make it.
Guest
It's not even just tech though. It was like, like you look at retail today. I just did a interview with Forbes or somebody about this and the reporter said to me they think retail is dead and I don't think it is. I think we're going to see a resurgence in retail, but not, I don't think people are going to go to the mall to look around, you know, like, oh, I'm here. What should shops are here. I think people that depend on location to survive are going to be in trouble. But I think brands have an emotional connection. Like I will drive to a mall to buy Lululemon, I will drive to a mall to buy Canned Goose. Because those brands speak to me. So I think it's in everything. I think it's in tech, I think it's in fashion. We see it on Shark Tank.
Robert Herjavec
Yeah, there's a few. This has been fascinating, Robert. I'm so glad you're opening up. I've got a handful of questions left for you. There's so many things I would like to talk about, but there's a few things I want to make sure we get to. One is faith. How much has faith in God or in religion or in the universe played in your life from childhood to now? And how much do you put awareness around your faith and also into what you're going to create for the future of your life?
Guest
Yeah, great question. So I've really struggled with my faith in my lifetime. Started out very religious. Altar boy for many years. Became very cynical about it. Became a superficial Christian, meaning I believed in my God and my faith when it was convenient for me and then went through a horrific time and found my faith again. Kind of left cynical, cynical. Believed that I didn't need God or faith or anything else in my life, believed I was in control of my own destiny. And we are. But there's a greater plan.
Robert Herjavec
What was this season of time where you were feeling that was a rough season for you?
Guest
2014. I've. I was going through a really, really difficult time. And like, I mean, like, to the point I didn't think the sun would rise again.
Robert Herjavec
And like, suicidal thinking. Yeah.
Guest
Yeah. Like, contemplated suicide. Came close. Like, it was. And, you know, I mean, you know me a little bit now. I've always been a happy guy and I've always believed like I was Superman. Wow. And I lost it all. Like, I realized I had kryptonite and I was just like, downward, downward, downward. And a good friend of mine, John, saw me spiraling. Like I was a shell of what I was.
Robert Herjavec
Is this emotionally? Is this like alcohol or drugs? Or is this just like, you know, panic attacks? Is this anxiety, depression?
Guest
Just emotional. I was going through a horrible divorce and just family stuff and, like, just horrible. And John, thank God, he's a priest, he said to me, I need you to go somewhere and you have to have faith in me to trust me to go here. And so I did. I flew to Seattle on my super fancy plane and got off the plane and I met one of his friends who was a pastor in Seattle, and he took me to a homeless mission. And I spent the next month or so there, spent the first couple of weeks at the mission, Then I got a hotel and it was absolutely transformational.
Robert Herjavec
Wow.
Guest
Yeah.
Robert Herjavec
Being in service for a month to the homeless in that city.
Guest
Well, I think the first thing as. As horrible as this is going to sound, I felt so sorry for myself that seeing people who were worse off than me was just a bit of a wake up call.
Robert Herjavec
Sure.
Guest
Like, of course. Like perspective. Like, I'm going there on my jet, have thought about suicide, contemplated suicide, didn't think I had any value left to give in the world. Flying on my jet.
Robert Herjavec
Sure, sure.
Guest
Meeting a guy who literally has nothing, not nothing, because he doesn't know if his life has meaning. Like, literally has nothing. And Union Gospel Mission is a Christian. Like, you have to go there for a year. It's for homeless addicts and so on. So I think that was the first thing is like, I just like, wow, these, like, what am I complaining about kind of thing. Then the second part of it was just getting back to purpose. If you don't love yourself and you feel like you have nothing to give, you can't give to anyone else.
Robert Herjavec
Interesting.
Guest
And I was void of me going there was a wake up call and getting back to my faith, getting back to seeing value in me. Like, I went there broken and I left there. Like, and people have a funny. Because I meet a lot of people with faith who believe in God and other things and they always think, how can you be so motivated and have so much faith? And people just don't understand that faith doesn't mean that you give up control of your life to someone else. Like, I hate when people say that, oh, my life is in God's hands. And I'm like, yeah, but you got to do something. Like. Like, I think we were given this opportunity in life and we've got to make the most of it. And I think that was the greatest thing I got out of that month is just the feeling of back to joy.
Robert Herjavec
How does someone learn to know they are valuable? Like, you got to a place where you were broken, right? You were broken, but you had, I don't know, hundreds of millions of dollars, private jet, you had success, you had, you're on tv, you're doing these things that people would dream of having. How does someone learn to know that they are valuable whether they have lots of money or don't have lots of money?
Guest
Such a great question. Because I always think about that. Like, I think about how arrogant was I to have all this stuff and feel so sorry for myself. Like, why couldn't I, on my own figure that out? Like, why couldn't I have used some of my wealth to do good? Like, how shallow was I to focus on my own misery? It took the misery of others for me to realize that. And I always think, how arrogant and shallow is that. But I think it's hard. I think it's really hard to ask for help when you feel you're in control of your own destiny, right? Like, I think powerful people and strong people have a hard time asking for help. And I just needed help. I mean, it could have been anything.
Robert Herjavec
What do you ask God for today?
Guest
Peace. I mean, I pray for peace. I pray for joy. I just want my family to feel fulfilled. Right? And I think about, I also think I was just talking to somebody about this. They said, do you worry about your legacy? And I think, no, because once I'm gone, I'm gone. But what do I want my kids to remember about me? And I want them to remember the joy and the love. That's beautiful. I mean, I think that's what every human being wants. Love, joy, peace. And I would also add financial success because I think those Aren't separate. I think if you live in North America, you have to make a certain amount of money to take care of your family. I mean, that's just reality. And that's one of the things I worry about America in the last few years, it's become. Becoming wealthy almost became like a dirty word. It's one of the things I love about Shark Tank is you have six of us, self made, relatively nice people. And we show people every week that anybody can do it.
Robert Herjavec
Yeah. Why do you think so many people tie wealthy people with stingy, mean people? And why do they, you know, a lot of people will say, you know, they want wealth, but they also afraid of wealth because they've seen how some people who are super wealthy maybe treat people poorly or are angry or whatever it might be, or stingy, not generous with their wealth.
Guest
Yeah, it's a great question. It's like sales. If you ask most people about sales, they would say to you, oh, I don't want to be a sales rep because they think used car salesman. But I'm sure with your experience, the greatest salespeople you've met are probably super nice and super helpful. Right. Sales is the ability to help someone, not to get them to buy something they don't need. It's the same thing with wealth. Wealth is not the creation or the subjugation. What's the quote? I read a long time ago, Power is not the subjugation of the weak. Power is the ability to get the powerful to see your vision. And I think it's true. I think most people that don't have wealth want an easy answer as to why they're not doing.
Robert Herjavec
Yeah. If you could go back a year before 2014, a decade back, a year before you're about to go through your darkness, the sadness, the depression, the divorce, the horrible feelings you were feeling. And if you were who you are now and you can speak to that younger version of you 11 years earlier and only gave him three pieces of advice with everything you know he was about to go through. What three things would you say to that version of you right before you went through your darkest times?
Guest
The sun always rises tomorrow. I think, I think the reason I went there is, you know, and not just personally, but in business I tended to have these horrific like, oh my gosh, if we get this one deal, the world will change, good or bad. So I think that's the first thing I would say is the sun always rises. Like, don't make mistakes, they'll kill you. Don't bet at all on one thing kind of thing. I think the second thing I would say is the world is your oyster. Like it really like you think about like somebody owns this building and sure, they may have inherited it, but let's go back to the first. Like somebody bought this land, built this building, somebody created it. The world is incredible. Like the things we can do. And I think the third thing is you are all powerful. You are all powerful. There is nothing we cannot achieve if we believe and we're willing to work.
Robert Herjavec
Wow.
Guest
Hard enough.
Robert Herjavec
That's beautiful. Again, there's a lot of things I'd love to ask you, but I want to be respectful of our time. Robert, I have two final questions for you before I ask them. I want people to follow you on all of her social media and your YouTube because you in the last few months have been starting to share these stories that I don't feel like people have been able to see unless they watch Shark Tank and they edit that stuff down into 30 second moments and there's six of you and so they don't get all of you. But the wisdom you're sharing here, I feel like is just scratching the surface about what you've been sharing online. So I want people to follow you on YouTube, I want people to follow you on Instagram. It's your name. We'll have it all linked up. But how else can we be of service or support to you?
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We love it.
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Guest
I mean, I'm a big fan. You've had some amazing guests on here. I appreciate you having me in that same company. I think this is great.
Robert Herjavec
Cool. This question I ask everyone. There's two final questions. This one is called the three Truths. Imagine you get to live as long as you want to live in this world, but it's your last day eventually in the future, and you get to create and accomplish all of your dreams from this moment until that last day. But on this last day, for whatever reason, hypothetically, you've got to take all of your content with you. So all of your social media content, this interview, your books that you've written, is all gone. So no one has access to your information anymore. But on the last day, you get to leave behind three truths. Three things you know to be true. Kind of the three lessons you leave behind for everyone. And that's all we would have to remember your content by. What were those three truths be for you?
Guest
Number one, my family, because they are especially my kids. They are the embodiment of. I hope they're the embodiment of what I am. Number two is joy.
Robert Herjavec
Yes.
Guest
Without joy there is no life like there. There is no misery in, you know, there is no wealth in misery. How many successful people are miserable? Right? And I think you can spike to success, but if you don't have joy, it fades.
Robert Herjavec
Yeah.
Guest
And how many successful people commit suicide and drugs and alcohol? Joy is everlasting. And I think the third one is empowerment. I think if you would hope that when you leave that you've empowered somebody in their life to do something better. Yeah, it's one of the great things about Shark Tank. Where was I just the other day and somebody gave me a card and thanked me for being on the show and how much it affected them and their family. And I think, how great is that? To be on a show that inspires so many people for 21 years.
Robert Herjavec
Millions of people. Millions of people. Before I ask the final question, Robert, I want to acknowledge you for the joy you brought today. Thank you. I think there's, you know, I think a lot of people can learn from you. Not from the lessons you share, but the energy you bring. And I've heard the word joy and written it down and highlighted it multiple times from this conversation. And for me, that's what I feel like that what you embody is joy. And I believe it's probably one of the main reasons you've been successful in your TV career, in your business career, is because you've brought the joy consistently.
Guest
Maybe I need to be more miserable because Mark is pretty miserable and he's worth more money than I am. No, I'm joking.
Robert Herjavec
But is he living a fulfilled life as you are? You know, probably you're like, dang it, he can wear whatever he wants. Yeah. But I want to acknowledge you for, you know, overcoming the pain and creating great perspective. And I feel like you're living a life of extreme purpose by sharing your knowledge now in a bigger way. I know we talked off camera about how, you know, is it even worth doing this social media stuff? And it's like, I can't really quantify, like, is there money here? You know, is there opportunities for business? But you never know how much of an impact you can make on someone when you share a story. And you are incredible at sharing stories, whether it be on TV here, but also in your social media. And people will remember the feeling of the stories you share for a long time. And so I acknowledge you for diving into this chapter, whether you do it for years or a few more months of social media. But sharing your knowledge for free is an incredible gift that you're giving to the world. And I acknowledge you for that. And I acknowledge you for bringing the joy when you share.
Guest
Thank you.
Robert Herjavec
Of course, my final question, Robert, what's your definition of greatness?
Guest
Wow. Geez. That's such a great question. Because my dad was a great man and my mom was a great person, and my definition of greatness would be fulfillment of potential. So my dad never made any real money, But I think considering the pain and life he had, that man wrung every moment of his life. So if I did nothing but what my dad did, that wouldn't have been greatness, because I was given more. Those that are given more need to do more more. Those that have been given more need to find greater purpose. So I never think that it just wasn't enough.
Robert Herjavec
Right. Like.
Guest
Like I couldn't have achieved any level of greatness if I just simply did what my parents did. And I think a lot of people listening, it's the same thing, is you've got to find your own purpose.
Robert Herjavec
Yeah, right. That's beautiful.
Guest
What's your definition of greatness?
Robert Herjavec
I'm trying to see if it's different than what I had a couple years ago. For me, it is to discover your unique talents and gifts that you've been given and pursue those gifts, to live your dreams and in the pursuit of those dreams, make the maximum impact on the people around you.
Guest
Wow. Yeah.
Robert Herjavec
Because we've all been given different talents and gifts that we need to learn to cultivate. And then we are. I think we're given cues, feelings of what dreams we might have. There's a curiosity, there's something that pulls us into an idea for a potential dream. Something, whether it's God or an intuition or a feeling that's pulling us or making us think about something. I'd like to create that. I'd like to build that. I like to overcome that. I'd like to help this thing. I'd like to make this thing something that pulls us. And then we need to cultivate the talents and gifts within us to pursue that dream. And in that pursuit, I think it doesn't have to be changing the world, but it needs to be changing the world around you, Impacting the world in a positive way around you. And if that's five people, your family, that's beautiful something, what your mom and dad did, they impacted you and the people in their community because that was their reach. And you've been given different gifts and talents that you've cultivated and maximized to this level. And you feel like you've got to maximize more to the next level. And in that pursuit of the new dream, how will you impact people around you? You, the people closest to you, but also the platform you've been building, how will you impact those individuals as well?
Guest
So well said, because I think it goes back to God and faith. I think that there's no one External. That's going to do it for you. But the signs are there, and you never know how the dots connect until you look back.
Robert Herjavec
That's true.
Guest
When. When I first. When Kevin and I first got on Shark Tank, we started in Canada. We started a show called Dragon's Den. And the very first day, they put me in a room, you know, just to see how you'd react on tv like this.
Robert Herjavec
Sure, sure.
Guest
And they threw these fire questions, like, tell me what Ibida is going on. But they were random questions. And one the questions was, why do you want to be famous?
Robert Herjavec
What did you say?
Guest
Just to see what you'd say. What I said is, so I can get on Dancing with the Star.
Lewis Howes
Shut up.
Robert Herjavec
You did not.
Guest
And everybody laughed. I did. 100%. Everybody laughed and thought that was funny. What people didn't see was 10 years before that, my mom's favorite show was Dancing With.
Robert Herjavec
Wow.
Guest
So imagine little Eastern European immigrant woman, horrible life, watching this beautiful show with these beautiful dancers. Like, if you called my house on a Monday when the show was on, my mom would, like, answer the phone and go, like, why you call? You know, I watch show. My mom ended up getting ovarian cancer, and she went to the hospital, and she was there for a year. And every Monday, I would go to the hospital with the other women who had ovarian cancer, and we'd all watch Dancing with the Stars. And one day my mom says to me, robbie, you're so beautiful. Why not you be on show? And I say, without thinking about it, if they ever ask me, I'll do it for you.
Robert Herjavec
Wow.
Guest
And my mom passes away. Ten years before I even had an inkling of being on TV. Fast forward 10 years later, I'm sitting in a room, they throw that question at me. First thing that comes to my mind, Fast forward another 10 years, I'm going to this horrible time. I come out of it, fix myself, finally begin to think I have value in life again. Three days later, the producers of Dancing with the Stars ask me to be on the show.
Robert Herjavec
Oh, my gosh.
Guest
Like, before they're finished asking me, I say yes. Oh, my gosh. I walk in.
Robert Herjavec
Wow.
Guest
Meet the woman I'm going to marry. And today I have this unbelievable life. I didn't create those dots. I believe life, or a greater force or God, whatever your faith is, created those things. But it was up to me to connect the dots. And I think for anybody watching or listening, you have the power to connect those dots.
Robert Herjavec
Wow.
Guest
You have to have enough faith to believe it all connects. But you still got to get up every day, work your ass off and make it happen.
Robert Herjavec
We have a lot. We have. I mean, we have some similarities in life. I mean, obviously you're much more successful than me, but when I was sleeping on my sister's couch, I would watch.
Guest
That show dancing with disturbs.
Robert Herjavec
And I was like. I was living in Columbus, Ohio, and I was like, broke, and I was like. But I loved to salsa dance.
Guest
You're kidding me.
Robert Herjavec
I started learning how to salsa dance after our, you know, when I was on my sister's couch. This is one of the things I was talking about before. And I learned public speaking and salsa dancing because they were big fears of mine.
Guest
Same.
Robert Herjavec
And so I'd watch this show and I traveled the world. Eventually. Salsa dancing in clubs. Like social. Salsa dancing, not ballroom. Not joking you. For like 18 years, I've been traveling the world.
Guest
You must be the biggest salsa dancer.
Robert Herjavec
Biggest gringo salsa dancer ever, right? And I remember thinking, gosh, wouldn't it be amazing to be on this show one day? I wasn't famous, you know, I had no money, but I was like, you need to become famous in order to get on this show. And that was like. Since I've been in LA for 12 years, I've always wanted to be on that show.
Guest
That's a great show.
Robert Herjavec
I've always wanted to be on the show. So maybe one day I'll fulfill that as well.
Guest
I'll introduce you to their producers.
Robert Herjavec
Do the cats, right? Yeah, exactly. I've met her. I've tried to pitch and stop myself around there many, many years. I've tried.
Guest
I mean, obviously, greatest experience, I'm sure. And the hardest experience I can imagine.
Robert Herjavec
Right.
Guest
People don't realize how hard.
Robert Herjavec
Eight hours a day of training and the whole thing. And yeah, yeah, I know a lot of the dancers as well. And yeah, they're. They're friends of mine. I love the show. It's a great experience. But one day, maybe I'll be. But still on air, maybe I'll make it.
Guest
Well, it's good to have a dream.
Lewis Howes
Exactly.
Robert Herjavec
Exactly. Robert, this has been powerful. I appreciate you so much for coming. Thank you.
Guest
Thank you.
Robert Herjavec
Amazing. Thank you so much for listening to this episode. If you enjoyed this and if you.
Lewis Howes
Found value, make sure to share this with one friend.
Robert Herjavec
Just copy and paste the link and text a friend where you feel would be truly inspired by this episode as well.
Lewis Howes
Well, and also make sure to click the follow button on Apple or Spotify.
Robert Herjavec
Wherever you're listening to this episode because we have a massive episode coming up next that I do not want you to miss.
Lewis Howes
So make sure to follow this and be on the lookout for the next.
Robert Herjavec
Episode coming with some massive content and guests.
Lewis Howes
Also, I have a brand new book.
Robert Herjavec
Called Make Money Easy and if you.
Lewis Howes
Are looking to create more financial freedom.
Robert Herjavec
In your life, you want abundance in your life and you want to stop.
Lewis Howes
Making money hard in your life, but.
Robert Herjavec
You want to make it easier, you want to make it flow, you want to feel abundant, then make sure to.
Lewis Howes
Go to makemoneyeasybook.com right now and get yourself a copy.
Robert Herjavec
I really think this is going to help you transform your relationship with money this moment. Moving forward, we have some big guests and content coming up. Make sure you're following and stay tuned to the next episode on the School of Greatness.
Lewis Howes
I hope you enjoyed today's episode and it inspired you on your journey towards greatness. Make sure to check out the show notes in the description for a full rundown of today's episode with all the important links and if you want weekly exclusive bonus episodes with me personally personally as well as ad free listening, then make sure to subscribe to our greatness+channel exclusively on Apple Podcasts. Share this with a friend on social media and leave us a review on Apple Podcasts as well. Let me know what you enjoyed about this episode in that review. I really love hearing feedback from you and it helps us figure out how we can support and serve you moving forward. And I want to remind you if no one has told you lately that you are loved, you are worthy and you matter. And now it's time to go out there and do something great.
Guest
Welcome to Nadia Yada island, next on Metro's Nadia Yada island podcast.
Lewis Howes
I almost fainted when the four new bombshells arrived. Four free Samsung Galaxy A16 5G phones at Metro.
Guest
No way.
Lewis Howes
And finding out the fourth line is free. Things got heated.
Guest
That's wild. Join Metro and get four free Samsung 5G phones only at Metro plus tax.
Lewis Howes
Bring four numbers and an ID and sign up for any Metro Flex plan not available currently AT T Mobile or been with Metro in the past 180 days.
Podcast Summary: The School of Greatness
Episode: Robert Herjavec: “This Mindset Took Me From Poverty To Multimillionaire”
Host: Lewis Howes
Release Date: February 5, 2025
In this compelling episode of The School of Greatness, host Lewis Howes engages in an in-depth conversation with Robert Herjavec, a renowned entrepreneur, Shark Tank star, and multimillionaire. The discussion navigates through Robert's remarkable journey from a challenging immigrant childhood to his rise as a successful business leader, emphasizing the pivotal mindset shifts that fueled his ascent.
Background and Immigration Struggles (00:04 - 10:00)
Robert Herjavec opens up about his early life, describing the hardships his immigrant parents faced when they arrived in Canada with virtually nothing. He recounts living in poverty, moving between schools, and facing bullying due to language barriers and financial struggles.
“Poverty wasn't my mindset, and I think that's a big difference. My mindset was Joy, really.”
— Robert Herjavec [08:25]
Despite the severe economic challenges, Robert maintained a positive outlook, finding joy in everyday moments and not labeling himself as poor but rather viewing poverty as a situational challenge. This foundational mindset set the stage for his future success.
Understanding Poverty vs. Wealth Mindset (10:00 - 17:04)
The conversation delves into the distinction between a poverty mindset and a wealth or abundance mindset. Robert emphasizes that believing in abundance requires shifting one’s perspective from external circumstances to internal empowerment.
“Sales people always think I'm wealthy because I'm really good at computers. But I'm not wealthy because of my knowledge of a task. I'm wealthy because of my knowledge of sales and how to get, how to sell what I'm doing to other people.”
— Robert Herjavec [17:04]
He highlights the importance of sales skills and the ability to provide value, rather than merely trading time for money, as crucial components in transitioning from poverty to wealth.
Sales Philosophy and Early Experiences (17:04 - 24:00)
Robert shares his early experiences in sales, working part-time for Harry Rosen, a legendary menswear retailer in Canada. He recounts how honest feedback and a genuine desire to improve led him to excel in sales by focusing on creating value for customers rather than just pushing products.
“People will pay for value, not for time. People will pay you for your knowledge, not for how long you've been doing it or the amount of hours you're going to spend on it.”
— Robert Herjavec [43:25]
This customer-centric approach became a cornerstone of his business strategy, ultimately leading to the successful sale of his first company to AT&T for $32 million.
Struggles with Faith and Personal Crisis (53:30 - 60:53)
A poignant segment of the conversation addresses Robert’s personal struggles, including a severe downturn in 2014 marked by a difficult divorce and depression. He shares how reconnecting with his faith and serving the homeless provided a transformative experience that reignited his sense of purpose and joy.
“I spent the first couple of weeks at the mission, then I got a hotel and it was absolutely transformational.”
— Robert Herjavec [56:45]
This period of adversity reinforced the importance of faith, community service, and self-worth beyond financial success.
Personal Definitions of Greatness (72:51 - 74:06)
Towards the end of the episode, Robert and Lewis explore their personal definitions of greatness. Robert articulates that greatness is about fulfilling one’s potential and empowering others, rather than merely accumulating wealth or accolades.
“My definition of greatness would be fulfillment of potential. Those that have been given more need to find greater purpose.”
— Robert Herjavec [74:05]
Lewis Howes echoes similar sentiments, emphasizing the impact one has on their immediate surroundings and the importance of living out one’s unique talents and gifts.
Lessons on Discipline, Curiosity, and Expertise (26:14 - 30:53)
Robert outlines the top three lessons he has learned from billionaires:
“Markets and people will pay for value, not for time. People will pay you for your knowledge.”
— Robert Herjavec [43:25]
The Essence of Joy and Empowerment (69:45 - 70:07)
Robert emphasizes that joy is essential for a fulfilling life and that true empowerment comes from helping others achieve their potential.
“Without joy there is no life like there. There is no misery in, you know, there is no wealth in misery.”
— Robert Herjavec [69:45]
He reinforces the idea that achieving wealth without happiness leads to an empty existence, underscoring the importance of balancing success with personal fulfillment.
Robert Herjavec’s narrative is a testament to the power of mindset, resilience, and the relentless pursuit of personal and professional growth. From his humble beginnings to his status as a multimillionaire, his journey underscores that true wealth encompasses not only financial success but also joy, purpose, and the empowerment of others. This episode serves as an inspiring roadmap for aspiring entrepreneurs and individuals seeking to transform their lives by cultivating an abundance mindset and prioritizing meaningful connections.
Notable Quotes:
“Poverty wasn't my mindset, and I think that's a big difference. My mindset was Joy, really.”
— Robert Herjavec [08:25]
“Sales people always think I'm wealthy because I'm really good at computers. But I'm not wealthy because of my knowledge of a task. I'm wealthy because of my knowledge of sales and how to get, how to sell what I'm doing to other people.”
— Robert Herjavec [17:04]
“Markets and people will pay for value, not for time. People will pay you for your knowledge.”
— Robert Herjavec [43:25]
“Without joy there is no life like there. There is no misery in, you know, there is no wealth in misery.”
— Robert Herjavec [69:45]
“My definition of greatness would be fulfillment of potential. Those that have been given more need to find greater purpose.”
— Robert Herjavec [74:05]
This episode offers invaluable insights into the mind of a successful entrepreneur who not only achieved financial success but also found deeper meaning and joy along the way. Whether you're an aspiring business owner or someone seeking personal growth, Robert Herjavec’s story provides actionable lessons and profound inspiration.