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When you manage procurement for multiple facilities, every order matters. But when it's for a hospital system, they matter even more. Grainger gets it and knows there's no time for managing multiple suppliers and no room for shipping delays. That's why Grainger offers millions of products in fast, dependable delivery so you can keep your facility stocked, safe and running smoothly. Call 1-800-GRAINGER Click grainger.com or just stop by Granger for the ones who get it done. When you manage procurement for multiple facilities, every order matters. But when it's for a hospital system, they matter even more. Grainger gets it and knows there's no time for managing multiple suppliers and no room for shipping delays. That's why Grainger offers millions of products in fast, dependable delivery so you can keep your facility stocked, safe and running smoothly. Call 1-800-GRAINGER Click grainger.com or just stop by Granger for the ones who get it done.
Ed Mylett
Hey everybody.
Tom Bilyeu
Welcome to Impact Theory. Our goal with this show and company is to introduce you to the people and ideas that will help you actually execute on your dreams. All right, today's guest went from broke and having to shower at a public pool to building his own business and a net worth of hundreds of millions of dollars. Today, he's recognized as one of the premier business leaders in the world. But initially his dream was to be a professional baseball player. And he was well on his way. When a career ending injury crushed his dreams in an instant, he lost all motivation and drive. But thankfully, his father, a recovering alcoholic who understands the power of effort, refused to let him quit on his life and got him a job working at a group home for disadvantaged and abused boys. In seeing the positive impact he was able to have on the lives of these kids, a light switched on in his mind. He discovered that being of service fed him far more than success in baseball ever had. So when an opportunity with World Financial Group presented itself, he went into it with an attitude of service rather than greed. And this shift in his perspective ended up making all the difference. It was a journey filled with amazing highs and absolutely desperate lows. But because he had the powerful desire to help and serve as well as provide for his own family, he persevered and ultimately turned his business into a massive success, becoming one of the youngest CEO MD in the company's history. And from there, he continued to grow, building one of the most successful and inspiring nationwide teams of associates in WFG history, a track record of success that saw him named the agency chairman as well as being recognized around the globe as a peak performance expert who has equal parts love and insanely high standards. So please help me in welcoming the man who, as a broke kid, pointed at a beautiful cliff overlooking the sea and said, one day I'm going to live there. And now he does. Ed Mylett.
Ed Mylett
Thank you. I'm so glad to be here, dude.
Tom Bilyeu
It's awesome to have you here.
Ed Mylett
I've been an admirer of yours for a long time, so the honor's mine.
Tom Bilyeu
That means a lot. Yeah, Researching you was a lot of fun and that is really my. The reason that I either bring a guest on or don't. It's really incredible what you've done to your mindset. And the thing that I have the chills just thinking about asking this question. There's a Malcolm X quote that you really like. Tell me what it is and why it's so powerful.
Ed Mylett
That which you do not hate, you will eventually tolerate. And I think that identifies most people's lives. In other words, they average becomes sort of like this slow asphyxiation. It's almost like an anesthetic. And that over time, we become kind of immune and dulled to the average that we're becoming. I know this is true, at least for me. You probably experience it yourself too. And so over time, we sort of minimize where we're at. In other wor words, I'm a little pudgy instead of being. No, you're a fat ass. Right. You know, you don't magnify the degree to which the pain ought to be affecting you. And so really what he means in that is, listen, you're going to get out of your life. What you'll accept that's really difficult for people, I think, to understand is, look what you think you're worth. And what you're going to tolerate is absolutely what you're going to bring into your life and what the outward part of your life's going to look like. And so I live by that. Like, I let myself sort of feel the pain and the difficulty of. Of being not where I want to be in whatever that area is, whether it's my spirituality, my relationships, my money. I let myself feel that pain because, as you know, there's two motivators, right? There's the gaining of pleasure, right? Wanting to go get something, chasing the dream. But then there's the avoidance of pain. And for a lot of champions, that's a pretty big driving force for them. And so at least for me, I. I leverage both of those things on me to get myself to take action. So that's what that means to me.
Tom Bilyeu
You've got the whole concept of blissfully dissatisfied, which I think is brilliant.
Ed Mylett
Thank you.
Tom Bilyeu
Walk people through what that is. But what I really want to know is how do you keep that from breaking you?
Ed Mylett
Wow. No one's asked me that before. It's along the same vein, really, as getting what you'll tolerate. So there's this misnomer, and you've watched this even in your own life or the successful people you've interviewed. So there's this thing, people think that, like, I'll be happy when once I get like this big, amazing home, or once I get this car, or once I get this relationship or an amount of money, then I'll allow myself some happiness. The problem is the. The finish line always moves. You never arrive there. Right. The other part is people think, well, if I enjoy myself now, I'm going to lose my drive. In other words, if I can just wire myself with enough pain all the time, I won't lose my driver ambition. The truth is, there's no correlation between the two at all. There's no relationship between you feeling complete pain all the time and losing drive. And so I talk about living in a state of blissful dissatisfaction. And really the best example of that would be, like, if you've ever. I love a good meal, right? You know, if I bite into a great piece of steak, if you're a steak eater, like I am, you take that first bite, it's like complete bliss, right? There's no correlation between how great that tasted and your lack of desire for the next bite. In fact, that bliss causes you to want more of it. And so the more we can be to reward ourselves with bliss, we're not going to lose our dissatisfaction. We're not going to. We're not going to lose that. And so for me, our brains, this dopamine hit you get when you do something successful, if you constantly cheat yourself out of that hit, right? Biomechanically in your body, less and less in the future, where you want to achieve the next level, the next dream, the next step. And that's why so many people stall out in life. They didn't. They got to a certain point and they cheated themselves out of the bliss, out of the celebration. It's important that we celebrate our wins, we celebrate our lives because it causes us to want the next bite. It keeps us hungry, er, not the reverse. And so for me, I want to live in a state of being grateful and blissful now, not waiting for Some future place or date that may never arise. So that's what it means for me.
Tom Bilyeu
Yeah, no, that that concept to me is really powerful and I talk a lot about so 80, 20, right? I spend 80% of my time thinking about the things that are amazing in my life that I'm grateful for, the beautiful things that I want to build and create. But I also spend 20% of my time kicking myself in the ass because otherwise you get really stagnant. But the feedback that I get from people is they end up going down a dark path. Like how do you help people not begin to erode their self confidence? And maybe the right place to start with that is where does self confidence come from?
Ed Mylett
Right. Which is important because there's no relationship between that and eroding your self confidence. In other words, self confidence is really self trust. So the first thing is the people I know that are really happy are very self aware. In fact, the best entrepreneurs I know are very self aware. They're aware of their shortcomings, right? They want to improve them. They want to get to the next version of themselves all the time. And so for me, self confidence comes because I didn't have it. And I think anytime you meet somebody like yourself or myself who might now appear self confident, it's because I really had to find tools and resources because I was so insecure and shy and introverted. So I had to find techniques and resources to build that up in me. And for me, it's very simple. It's the promises that I keep to myself. If I have a habit over and over, beginning to stack one on top of the other of keeping promises I make to me, not other people. In other words, the minute you begin to get external in your life, worrying about what other people think about you, right? You've lost all control and it never fills you up. And people's admiration, people's gratitude towards you will never fill you up. It's your own, it's your own inside. And so for me, self confidence comes from keeping the promises I make to myself. And the other part of it is being aware I'm doing it. In other words, most people don't give themselves enough credit all the time. They're very aware of these 20% things and not aware of the 80. Right. And that's why the dosage is so important too. You've nailed it. It should be 80, 20, right? Because people get addicted to this. I'm not good at this. People don't like this about me. I don't feel good. Instead of focusing on the 80 and stacking it up. Wow, I did eat what I said I was going to today. I did get up when I said I was going to. I made the amount of phone calls. I treated people in such a way. I promised myself it's not just doing those things, it's rewarding it, it's being aware of it and stacking that up. When I work with athletes, the successful athletes I work with, when they're in a slump, it's never that they can't hit a ball anymore or make a shot or swing a golf club, They've lost their self confidence somewhere along the way. They've lost the ability to focus on the things they are great at and stacking those promises they make to themselves. And the way I get them to break their slump is not correcting their swing or getting them positive. It's getting them to acknowledge the small promises. Showing up to batting practice early, hitting that extra bucket of balls, beginning to reward themselves for the extra promises they keep to themselves, puts them back in a state of self confidence. All of a sudden they're hitting the ball great again.
Tom Bilyeu
All right, this is so important, man, and I really hope people are listening. And your story's so incredible. And if we had more time, we could go down every avenue. When you were starting out, you're broke, your wife's car got foreclosed on, your water was turned off at one point. I mean, it's like literally crazy. How do you begin to build that like for real you not in the abstract, but how did you begin to build your self confidence when like you're teaching people how to do something that you don't, you haven't actually done in your life. Which like that moment is where most people get trapped, right. They see you now successful and they just write you off a little bit because it's like, well, you've done it. But if they could see you at that moment and understand what you're telling yourself and get to like the reality of you're velcroing your car to look like a Mercedes, right? So there's this really weird, like you're not quite, quite like just fully accepting where you are, but yet you really do accomplish it.
Ed Mylett
Yeah. Wow, that is such a good question. That's another question I've not been asked that way before. So if we really go back and we look at it, I had a couple good things happen for me or to me. One was at that time my wife did get frank with me. This is not who you are this is not what you're about. I don't recognize this person. This is who you are. And I had a other person to my benefit, pointing out to me the things that were great about me. Now, this is going to sound hokey, but I'm going to give you the big one. And this is why life gives you these great tests. I had a really good friend of mine, I went to lunch and he said, I don't know who this guy is here in front of me. And he goes, let me ask you a question, honestly, right now. What are you grateful for? And at the lunch I said, jack shit. Nothing, brother. There's nothing good in my life right now. And I'm not exaggerating this to you when I tell you this, and this is a factual story, as I'm mouthing these words, two people walked in with an older man. Both of them clearly were fighting cancer somehow. Both had lost their hair. One of the ladies had a bonnet on and they were barely moving in. Both walked by our table and gave me the most warm greeting, the warmest smile as a stranger. And he goes, that's pretty freaking pathetic. You can't find anything in your life to be grateful for right now. And on the drive home, I'm not kidding you, I started to stack gratitude. I started to take inventory, because if you can find things to be grateful for in that space, man, is your life going to be rich when there really are extra eternal things to be grateful for? So my first mechanism out of that space was honestly to stack the things I was grateful for. And I started reinforcing it over and over and over again. And what happens is there's this reticular activating system in our brains, right? And all of a sudden, because that's the messaging I was giving myself, all of a sudden all these things start to come into my awareness that I'm grateful for. I start to magnetize to myself some people that I needed to find into my life. And that was the next layer. I started to see things to be grateful for. My health, my fitness, loved me. And what it did is it changed my state. When I stacked gratitude. I changed what I did in the morning and I changed what I did in the evening. And so somehow by grabbing control of my morning and by grabbing control of my evening, I got some measure of control over the middle of my day. I was an out of control person back in those days. Meaning this. I woke up worried, stressed, fearful, and I immediately start thinking about a bill I had to pay, something that was wrong. And I'm in a state of reaction to begin every. I'm talking within six minutes of waking up. Six seconds. Most people listening to this, that's what they do. I said I got to grab control of my morning. And I set up routines in my morning. Maybe they served me, maybe they didn't, but they were things I could deliver on doing for myself. And so not only did that give me control over the day, but I started to stack my self confidence too.
Tom Bilyeu
And what were some of those things that you grabbed onto?
Ed Mylett
Huge. So. And I have a. I'm not pitching this, but I do have audios out on this stuff too that people can go get for free. But my.
Tom Bilyeu
Which by the way are amazing.
Ed Mylett
Thank you, man. Thanks.
Tom Bilyeu
No 100%. And I really hope people dive in. Like your content is incredible.
Ed Mylett
Thank you. So is yours. Which is why I wanted to find it you. And that's. I've been for a long time wanted to be in your presence. So my morning routines are really detailed. I get up and I hydrate. The second thing I do every morning is I do something cold. Something cold. So whether that's I jump in the ocean because now I live in the ocean. But in those days it was taking a cold shower or splashing some cold water in my face or walking out when it was cold, it shocks our nervous system. Our fight or flight kicks in. We're in a cellular electric alive state. I obviously do some prayer and meditation every single morning. I've still not touched my telephone. So there's a rule, there's 30 minutes. I cannot touch my telephone when I wake up. That's the hardest thing to do in the world and the thing that could benefit you the most because whatever on that phone you have to react to and typically it's stuff that's not great. And so I don't touch that. I do my meditation and my prayer and I do some stretching. I do some breathing exercises. And then at that point I allow myself to enter the world after I've got my state controlled. And I work out every morning, except for Sundays, I work out every morning.
Tom Bilyeu
Talk to me about working out. That's something that completely changed my life, obviously. And every time somebody asks me a question about how do I. I'm lost. I feel completely out of control. I don't have confidence. My answer is work out.
Ed Mylett
Me too.
Grainger Announcer
So why when you manage procurement for multiple facilities, every order matters. But when it's for a hospital system, they matter even more. Grainger gets it and knows there's no Time for managing multiple suppliers and no room for shipping delays. That's why Grainger offers millions of products in fast, dependable delivery. So you can keep your facility stocked, safe, and running smoothly. Call 1-800-GRAINGER Click grainger.com or just stop by Grainger for the ones who get it done.
Ed Mylett
Well, I think everything in our body, I think everything in our lives starts with our body. If you're a person of faith, you believe that's where your soul is housed, right? And so it's the you, you do emotions, you don't just feel them, you do them, in other words. And you know this from things you've learned in your life. But like, joy is an actual action, not just an emotion. We feel a certain joy, there's a certain breathing, a certain movement in our body. Depression and sadness is something we do. We're more hunched over, our breathing is more shallow. Right. And so there's a correlation between the way you move your body and your emotions. They're directly. This is even before we get to dopamine hits and our nervous system being. I'm just telling you that the way you move your body is an emotion. You do emotions, and so when you move your body, you can't be in full workout mode. Moving your body, running, walking, jumping jacks, jump rope, and be depressed. They don't go together simultaneously because your body doesn't get the connection. I'm moving like I'm joyful. I'm moving like I'm having sex. I'm moving like I'm happy. These are all joyful states. You can't be depressed simultaneously. So the quickest way to change our behavior, our emotions in our state is with our body.
Tom Bilyeu
All right, now let's talk about the, like, end sets, the ones that really burn and really hurt. One thing that I've found is, and you've talked about this with entrepreneurship in general, you said it's the greatest, like, self awareness mechanism where you're gonna find out who you are, what you're capable of, how hard you're willing to push. Most people, though, getting into that position, like, it's hard, right? That's a sort of a bridge too far.
Ed Mylett
Yes. But I love where you're going.
Tom Bilyeu
When you start in the gym and it's like, do I do this extra set or not? Do I push myself? Do I do an extra exercise? You going back to confidence is self trust. It's like you begin to learn something about yourself.
Ed Mylett
Oh, boy, I'm stealing that from you.
Tom Bilyeu
No, please, man. And that, like Legitimately changed my life. And so when I. When I see guys that are successful entrepreneurs and they're jacked, that never surprises me either.
Ed Mylett
So I play these very strange games with myself when I'm at the gym, when I'm working out, I always do one extra rep, one extra set, because it's. It's a promise I kept to myself. And here's the biggest thing. It's a pattern. It's a pattern I keep of me. I always do a little extra. I always go the extra inch. And the quickest and easiest place to do it is the gym, because I can always grab one more weight, one more set. And here's what it does. It shifts your identity.
Tom Bilyeu
All right, talk to me about identity, because that is. So I heard that first from Tony, the Tony Robbins, the notion that identity drives behavior. And that was one of those, like, lightning rod moments where I was like, whoa, that's the hook, right? If I want to change, like, my behaviors, I need to think of myself in a different way.
Ed Mylett
Correct.
Tom Bilyeu
You've leveraged identity really powerfully. How have you done it? And, like, what are some specific moments where identity came to your rescue?
Ed Mylett
So identity is the governor on our lives. It's the invisible force that no one understands. And once they do understand and get a hold of it, their life can change. And so not only if you don't get a hold of this will these outward conditions of your life keep being exactly the same. But it's. You could behave differently. You could do all the work. You could be thinking great thoughts, but you are going to get out of your life. You're going to be the most powerful force in the world, I think, is to be consistent with the concepts, ideas, and worth that you hold for yourself. You will get that out of your life. What you will tolerate. Okay, the deeper part of that is identity. And so identity is very much like a thermostat sitting on a wall. Right? This is important. Once that temperature is set at a certain degree, everything in the world externally can hit it. And you will find a way to get that temperature. So even in this house, let's say it's set at 80 degrees. If we opened up all the doors in cold air, just the worst things in life. The blizzard of life came in the therm. The thermostat will kick the heater on, and it will regulate this room back to 80 degrees. The reverse is also true. It's a super hot day. Great things are happening in your life. It's getting hotter and hotter and hotter. If you're at 80 degrees. That internal thermostat will find a way over a window of time to cool your life right back down to 80 degrees again. So the key, the secret key is to be able to shift that identity 90, 100, 120. So some of the ways strategies to do that are very simple. One is if I, let's just say financially you're a 200 degree and I'm an 80 degree. If I'm in your proximity over and over and over and over again, you will heat my identity up somewhere in between mine and yours to 150 degrees. Same in fitness, same in everything. So the more you can layer in multiple people, the stronger and stronger that force is. So that changes our thermostat through association. It's a huge, huge, huge, huge thing. People say you are who the five people you hang around. This is why they adjust your thermostat. That's number one. Second way you can change your identity is through doing short bursts of something in a window of time you've not done them before. And they change the thermostat temperature permanently. Almost like a water line in the pool. So if it's a certain in the gym, certain amount in the gym, or a certain amount of phone calls in your business, or a certain amount of appointments, you make a certain amount of money, oftentimes you're never the same again. You've seen this when your own net worth. I've seen it in mind. There became a point where I made a leap in a short window. I was never really the same again. I could go back a little bit, but not back where I was. So it's activity or successes, achievements in short bursts of time. And then our obviously our self confidence impacts identity too. And we've kind of covered that. Those are three quick ways.
Tom Bilyeu
That's incredible. So walk me through your. Your baseball career ends. I know that your dad and you are now, you said he's your best friend. He's my best friend growing up. Alcoholic father, you said. Till I think you were 14 or 15. That's right. And then they're introducing you constantly as the shy kid who plays baseball. Baseball falls away and now it's like, how do you get out from under? Well, I'm the son of somebody that struggled with drugs and alcohol. I'm the kid who was supposed to be great at baseball and now that's gone. How do you get out from under the weight of that?
Ed Mylett
Yeah, it is weight too. When I was small, I was also really undersized. So it's probably one of the reasons I lift weights. I was always every baseball picture, I'm the kid holding the sign in the front, right? So I was small and skinny. They used to tease me, Eddie Spaghetti. And I'd get bullied at school, and I never retaliated. So I had that mixed with shyness, mixed with chaos in my home, which many people can relate to. And I got to tell you that the shift for me, sports was good for me because it gave me an out that I finally found something that I was pretty good at. I think the biggest shift in our lives, the things that makes us the happiest, is that when somebody helps us identify our natural giftedness. And when I was a little boy, I got a little bit older. They pointed out my speed, so it wasn't my lack of size. I was fast. I was the fast kid, right? I always wanted to be fast kid. And I got confidence in baseball doing that. When I got into business, they said, you know, you're intense. When someone points out a gift about you that you also kind of intuitively know to be true, they're linked to them. You're intense, you're passionate, you won't get out work, you're relentless. I went, I am those things. And when someone linked those gifts to me, winning now I believed I could win, that's the other way to change identity, is when someone can link your giftedness to the victory, you'll believe it. Not like, you're great. That's general. That's. But it's something, you know, specifically like for you right now, you wouldn't brag about. There's a few things, you know. You know what? I am good at these things, right? I've always been good at these things. It's natural for me. And when someone links that to you, winning, like for you, for example, you're an unbelievable interviewer. You have this general, you don't need to be the smartest person in the room, because you probably are most of the time. And so there's a confidence. No, there's a confidence that allows you to be present when you interview me and just listen. That's different than anyone who's interviewed me before. And so that's a natural giftedness for you, which is why there's a part of you that kind of knows, I am pretty. You wouldn't say about it, am pretty good at this. This is a good program. And so the way we change our identity, the way I changed mine, was by getting in touch with what some of My natural gifts were. And then using them in my career, using them in my life, that shifted the weight right off of me. Because the weight was, I suck, I'm shy, I'm small, I have a screwed up family. That's the weight, right? The lifting off of the weight is these are some gifts God gave me or the universe gave me, or that at least I know I have. And I can spend my life using these gifts. Now I've got hope. Now my identity's changing. Now my life takes a different direction.
Tom Bilyeu
One thing that you have talked about, and this is, I think the thing about your notions on identity that I find really incredible, is that in the early days of you building your business, you said, and I quote, I was a dick.
Ed Mylett
Yeah.
Tom Bilyeu
But you were open to hearing that. Most people can't hear that. So that's a moment where you accept that your identity is something that you're not proud of. How do you make that change? How do you go in a new direction where somebody, instead of pointing out something beautiful, they're pointing out something ugly?
Ed Mylett
Yeah. Most of you, the friends that you revere the most, the most willing to take coaching from you, 100%. Me too. And so I, I can't tell you why I'm this way, but I do believe it was baseball. I never took it personally when a coach said, you're dropping your shoulder, in other words, because of athletics. When a guy said, spread your right leg out, your legs are too close together. I never thought I suck, I can't hit. I wanted to know how to hit better. I wanted to know how to throw better. And so for me personally, I'm constantly in a crisis to get to the next version of me. It's not like I'd like to. I wish I only would like to. I probably little bit more peace in my life. I am in a crisis to get the next version of me. And so the guy sitting in front of you right now, if I come back in a year, and I'm just the same exact person with the same thoughts, same ideas, same ways of delivering them, this was a wasted year of my life. Right. So I want to know how to get to that next version of me. And so for those of you that struggle with taking criticism, you got to ask yourself, how important is it to you to grow because you were put on earth to grow, to contribute, to serve, to help. You were in your way. And the current version of you is perfect as it stands right now, but it will be inferior next year. You're perfect as you are now, especially you ladies listening to this. There's all this messaging. You're not this, you're not smart enough. Women are too dominant, then they're a diva, right? Or you're not beautiful enough. Ladies menu too. You are perfect as you exist right now. But that version of you isn't sufficient. Next year you got to be crazy hungry crisis to get to that next version of you. I want the data, I want the input, I want the information, I want the feedback to get to the next version of me. Regardless of how it emotionally makes me feel. I'm like driven by that. Without that information, why am I living? Dude, right?
Tom Bilyeu
That whole concept, like when people really ask how I've been able to be successful, it's that it's. I'm stoked on who I am today, 100%. Like, I'll give myself the pat on the back before anybody else else, but I'm so desperate to get better. Like, I'm so hungry to know why I'm inadequate right now for what I want, right?
Ed Mylett
Correct.
Tom Bilyeu
So the way that I sum it up is your past can never be bigger than your future. So it's like once you've done something right, I built a billion dollar business. But like for me, I'm not looking at that. I want to know what do I need to do and become in order to hit that next thing that not
Ed Mylett
only are all achievers doing that, but all happy people do that. In other words, here's how we know you're perfect now. Now you've produced the external life you have. So you are perfect for that life right now. You are all you need to be right now. But if you want a different life, an improved life, a growing life, right? An increased life, this version of you is inferior to get to that place. And so the reason we have rapport, the reason we like each other is like, I also want to be surrounded by people who are not messaging me is enough, enough, Everything's good, man. Man, take a break. And I may not want more money. You and I both have a lot of money, right? We'd probably like more. That's not my driver. I want more peace, more gratitude, more abundance, more contribution, more memories, more experiences, more joy, more love that will never be enough for me. Put me in the ground if I don't get any more of that stuff, right? I want to grow. I want to see the next place. And so that's the journey. Those of you that have faith, if you believe there's this place you're going to someday. That's because you're always going someplace. So you might as well want to get the information and the equipment to get there. And that's. That's where I want to go.
Tom Bilyeu
I love that. How do you keep your standards so high and then how do you push them even higher the next year?
Ed Mylett
I'm really lazy. So if you left me.
Tom Bilyeu
Not the answer I was expecting.
Ed Mylett
I know. And that's. So I want to give you the honest one. Like. Like left to my own devices, right? If you just left me, like what I'd like to do, hey, man, I have no problem laying around. I like sleeping. Like, people think they meet people. Like, you know, they're like, they're robots. They're other life forms. They're just different than me. No, we build habits, rituals, and disciplines that serve us. Okay? Now part of those habits, rituals, and disciplines have sort of turned me into a more confident person. There's no question about that. So my standards are mandatory because you get your standards right. And so the reason my standards are set so high is because I don't want to leave it up to my own devices. Right? My standard is one more minute on the treadmill. My standard is one more person I can reach that day, one more phone call, one more something. And so. So for me, I raise them every single year. But the way I get to do it is I link it to my reasons. And so goals are really empty to me. I have a thing on goal setting, but, like, my big thing is that you show me someone with compelling, emotional, gigantic reasons. I'll show you someone who's changing their standards all day long. So, like, give you one quick version that you not heard before. One of the reasons I'm relatively fit is not just peak state. I have an uncle in my family that died at 50 years old of a heart attack. Is my godfather, my dad's only brother. I kind of resembled him and I look like him a lot. So on the way back from his funeral, my reticular activator is on. Heart attacks on the TV screen, on the airplane, I'm listening to music. Is the Oprah Winfrey Show. She's going through a new heart scan. I've unplugged my headphones, plug it into the airplane one. They're talking about this new scan at Cedar Sinai that at that time was new. It could read the plaques in your arteries, the calcifications, without going, you know, really invasively. I scheduled it. I went in. I had a world class doctor who understood reasons and Levers instead of just prescribing. Because when we coach people, you need to do this, you need to do this. Doctors do it. Take this pill, take this. He understood leverage and reasons. What you do is you take the scan, then you go to lunch, you come back, I took the scan, I went to lunch. I had a burrito. I came back and I'm in the. When I walk in, I sit down, the doctor comes up and he says, oh, my, I can't believe these arteries are in that young body. Got my attention. We walk back in, we sit down. He could still go, you need crestor. Eat clean, get out of here. Isn't that what an average doctor does? Right? No. Wired me with huge reasons. He goes, let me ask you a question. I heard your wife's pregnant. I said, I have a son. And he says, do you want to be there when he graduates from high school to be there for that day? I said, yes, sir. Yeah. He goes, your wife's pregnant. What do you have? And I said, a daughter. This is where you get a dad. He goes, she was six months pregnant. He goes, do you. Would you like to walk her down the aisle on her wedding day? Are you okay that it's some other man? I went, what the is on this scan? Right? Like. And he goes, I want to be very clear with you. If you keep going down the road, you're going, there'll be some other man with your son at graduation, high school, and a stranger's walking your daughter down the aisle that's not even born yet on her wedding day. And I went, boom. And he goes, but if you do exactly what I tell you to do, you'll be there. And so to this day, brother, there are mornings when I wake up, not every morning, I don't want to go to the gym. I go, bella's wedding. Bella's wedding. Bella's wedding. So my standards are high because of my big old reasons. Other dudes may miss the gym that day because they're not going to miss their daughter's wedding if they don't go. But I've convinced myself I will. I get emotional. I've convinced myself I'll miss my daughter's wedding. So I will get my ass out of bed at 4 o' clock in the morning and I will get to that gym because my reasons are bigger, so my standards are higher. So that's what I think causes us to have great standards, is huge reasons.
Tom Bilyeu
You're working with people that are just at an elite level. How do you help them Find those reasons and attach something to it.
Ed Mylett
So there's two motivators in life. You really want to move somebody. Someone's childhood and their death, and then in between other people. And so most people, if you start talking to them, will tell you about their childhood, because that impact. And they are constantly in the back of our minds all the time we're thinking about death. It's this thing we know that's coming for us, the end of our life. And what inspires us is really what I said. We all want to be that version. We just don't allow ourselves to feel the emotion of it. So the more you can bring it closer to you, the better. So I do that with them. I link their big reasons to what they want, and it opens up a completely different level for what they want. You start talking to an athlete about, hey, you want to hit 30 home runs this year? That's one thing. But you start talking about, how'd you like to have your mom there when you give your hall of Fame speech? I just interviewed to and Marshall Falk. Both Marshall's in the hall of Fame and Tio's going in. And to watch Tio's face start to talk about how his grandmother won't be there. Who raised him in the hall of Fame. That was his motivation. You ask him his whole motivation. Play football, grandma. Not. Not hall of Fame, not, you know, pro Bowls, grandma. It's always people that we link these achievements to. So that's how I get them to believe it or not. Even athletes. I get them talking to me about the people and dreams they have. Then we link their goals to them.
Tom Bilyeu
That's amazing. Tell me about the time where you were trying to give a speech and you were so freaked out that your vision was blurring and you couldn't even read what was on your card. Because, honestly, like, if I hadn't heard you tell that story, I would just assume you're really good at this by nature, because you're so good at this. Like, you're so good. And communicating is crazy. And I've seen you in front of, like, 50,000 people. Bananas, right? So how did you start? Start from, like, just absolutely being paralyzed by fear. Like, what was that process?
Ed Mylett
Oh, my gosh. So. But you really do your research. Yeah, my first time I talked, I literally went up and blanked out. Like, I literally could not think. I could not see the card. How I fixed it. Speaking was over time. But I'll give you a couple of key things on speaking for everybody. One, I Had to. I had to figure out, you know, what someone said to me. Because you love baseball, you don't stutter when you talk about baseball. You don't get insecure. I go, well, I love that. And I believe in it. They're like, oh, you don't. You know, you talk about your kids. You're great. I thought, oh, there's a correlation here between me actually saying what I believe and what I'm passionate about and my ability to communicate it. And so that now my first layer is always I must be passionate about it and I must believe it. And I'm never doing an impression of another person. So I always come from a place of saying what I really believe. Because you can't transfer to somebody that which you don't experience yourself. I can give you passion, I can give you energy. I can give you my belief. Belief. If I'm experiencing it, big key as a speaker, I'll give everybody. Stop trying to convince everybody of what you're saying. That's not the threshold of being a good communicator. People do not need to believe what you're saying. They need to believe you believe what you're saying. And as long as they believe you believe what you're saying, you're an effective speaker. I stopped trying to get people to believe me. There's a neediness, There's a salesmanship to that. I stopped that. It's a subtle difference. I just want you to believe. I believe.
Tom Bilyeu
Believe it.
Ed Mylett
That's. Influence influences you believe. I believe it.
Tom Bilyeu
Wow. Yeah, that's. That. That's a pretty intense evolution for just that one moment that I'd really love to get some color on. And maybe this just comes down to what your reasons were after that first attempt, which had to have, like, just been searing into your mind. Anxiety about speaking.
Ed Mylett
Horrific.
Tom Bilyeu
How'd you get up the second time?
Ed Mylett
Yeah, same room, same people. That helped for me, but I figured out I didn't have any preparation. So my confidence when I speak now, just like this interview, the amount of preparation you've done for this is. It is more than anyone who's interviewed me. Right. And so me, the separation is in the preparation. Like, I have to be prepared. I have to know what I'm going to talk about. And so that second time, I. I knew every single thing I was going to say. I didn't do great, but I did what I said I was going to do. I got up and I did it. I got up and I delivered. And I'll just be candid with You. I liked the feeling eventually that I affected somebody. I liked the feeling that maybe the first time I spoke, I didn't affect anybody. That second time, maybe there were 40 people and maybe one person I helped. And I had this very weird capacity now to focus on the ones I help. I actually focus. If I speak to 50,000 people, there's got to be 3,000 people there who think I suck. There has to be. There's at least 30, right? There's someone who does. And if I obsessed over those 30 people, that's what made me nervous. I was obsessed with just basically reaching somebody. So the irony was the beginning of my speaking career, it was my anxiety and fear of it that was what was inspiring about me, not the words I said. Over time, I think the words became more inspiring. But I found what was inspiring about me, what put them in spirit. And it was overcoming my anxiety and fear of actually doing what they saw. I was at the gym yesterday and a woman drove by me in a wheelchair at the gym. I was working out pretty hard and she wheeled by me. Heavyset lady in a wheelchair. I'll be honest with you, I watched her wheel past me. She inspired me. Do you know what courage it takes to get in your wheelchair and decide, I'm going to go to the gym, right? I'm going to go to the gym. She's heavyset, awkward. That inspired me far more than the jacked up dude doing 60 pound curls. I mean, that's inspiring. But. But you see that a woman in a wheelchair at a gym with her two pound dumbbells because her legs don't work, but she went in there anyway. And you know how insecure she was about going in there. She's the only person in a wheelchair. She doesn't know what she's going to see, how people are going to react to her. She's not in shape, she doesn't have her full makeup on and her little, you know, halter top like the other girls in there. And she's right in there. She was right in there working out right next to them, right? I couldn't take my eyes off her. I couldn't take my eyes off her. And I ended up telling her that she was leaving. I left what I was doing. I walked over, I said, I just want you to know something. You're inspiring me. This is wonderful. Her face just lit up because you know how sad she, how insecure she was about being in there. Most inspiring person is the one overcoming the fear of doing something, not the person who's excellent at it.
Tom Bilyeu
So yeah, dude, I love that way, way love that. This is a little bit different, but something you were saying a minute ago reminded me of your whole notion of you've got to step into the dream, you've got to touch the dream. I love that. I think that's so powerful and so very. Dude, I was so moved by your whole pointing at the cliff with your then girlfriend, now wife and saying, like, one day we're going to live there. Because my wife and I used to drive around this neighborhood and say, like one day and dude, I have the chills again. When you said your obsessions become your possessions, like that is literally like that thing that you really think about and focus on. What do you mean by stepping into the dream and how can it serve people?
Ed Mylett
That's wonderful. By the way, you picked a really good place to step into.
Tom Bilyeu
Thank you.
Ed Mylett
I gotta tell you that your mind gravitates towards which it is most familiar with. And so if you're really familiar with what you're worried about and what your problems are and your fears are, and that becomes your dominating thinking. I know you've all heard this, but here's the reason why your mind loves what's familiar year. Okay? And so if you don't go touch dreams, for example, just experience it for a second. For example, we would go down once every eight weeks. If I did well in business, we really knocked it out. We could find a deal. I had 200 bucks. We'd go to the Ritz Carlton or some hotel Ocean. And for one day, Oceanfront feel like what it felt like to valet your car. Right. Walk in the lobby. Mr. Mylett, welcome back. Right. She'd go get a massage, I'd play a little bit of golf. And just for that day, I touch the dream. And then maybe we do it again in a month or two. And again in a month. Just little tastes of it. My mind began to begin to become familiar with it and more crazy. I started to kind of trick myself into thinking I belonged there. Because we never end up anywhere. We don't believe, we don't belong, and then we're not familiar with. So there's these things you'd like to do in your life, either visually seeing them over and over again or repeating those images to yourself. That's powerful. But a double whammy is to not only repeat them and see them, but to go totally touch. See, there's one thing that's a visual stimulus in your brain that makes you want to do something. The triple Whammy is if you could see it, touch it, feel it, and smell it. If you allow all your senses to experience something, it becomes far more familiar to your brain. And so I'm a massive, massive advocate of touching a dream in any form you can get it, the best of which is actually going and experiencing it. Short term, you begin to believe you belong there, you're a little bit better. And so I. You will not probably produce many things in your life that you've not visited either mentally or literally thousands of times. And so if you want to end up somewhere, you better be visiting them. Those could be dreams, visions. But the most important thing is if you could actually more powerful, if you go touch them short term, massive difference. Drive by the neighborhood, see the cars. If you want to spend your life in service for your church or your community, take a day out every month and actually do it. Know what it feels like for an afternoon to feed the homeless or to do. And you begin to love it and feel it and believe you belong there. More and more chance that you'll be able to do that full time someday.
Tom Bilyeu
Dude, that's amazing. Before I ask my last question, tell these guys where they can find your amazing content.
Ed Mylett
Oh, thank you. Anyway, edmylet.com, which is M-Y-L-E-T-T.com. i've got a YouTube channel and Instagram and Facebook and all that stuff too. But any of the normal platforms, if you Google my name, you'll see my stuff out there.
Tom Bilyeu
So, yes, indeed you will.
Ed Mylett
Thanks.
Tom Bilyeu
All right, my last question. What is the impact that you want to have on the world?
Ed Mylett
The impact I want to have in the world is. It sounds real general, but it's something that I'm obsessed with, is I want to inspire as many people as I physically can in their lives to chase down the ultimate version of them in their way, in their place, and in their space. And so I happen to have a little number written down. I think I can reach 100 million people before I leave here with just that message of chase down the version of you that you were born to be. That version of you or myself. It has nothing to do. It could have to do with money, but it could have to do with the people that you reach, the people you touch, the one person's life you change. See, the one thing in business that people miss is that someone hired me into the business I'm in. So although I'm a pretty good business story, what about the person who gave me the shot? What about that door that opened and how many people did he reach? And no one even knows his name. And so I want to be that person who gives people their platform, their shot, their shot at life, their ability to join the ranks of people who meet the highest version of themselves. And so that's the impact I want to make in the world.
Tom Bilyeu
That's incredible, dude. Thank you so much for being on the show.
Ed Mylett
Thanks, man. I loved it.
Tom Bilyeu
Thank you, guys. When I say that you're going to want to go watch this man's content, When I think about becoming that idealized version of myself, the very next thing I think is, how do I become that best version of myself? And that is my obsession. That's the thing that I want to bring to the world. And watching his content and seeing how much of that he gives, how frequently he can go past just the, like, high level headline and really get into what you actually need to do. In fact, I highly encourage you go back, watch this episode again because he breaks it down. There were several times where he went through do this, this, and this. It's deadly simple and it is insanely powerful. You guys know me. If you watch these outros, you know me. I'm telling you right now, I'm actually having a hard time capturing how much I was impacted by his stuff. It's really rare that while I'm researching somebody, I'll do a social shout out because I'm that impacted by what I'm watching. I couldn't stop myself. It's just absolutely incredible. Somebody that's been through it who does not try to make themselves seem cool,
Ed Mylett
but they really are fucking cool.
Tom Bilyeu
Like, that's the best part. He's done it. Extraordinary things. Extraordinary things. But he didn't start anywhere extraordinary. And that's what makes it so fascinating. And he is killing himself with every second of every video to tell you exactly what he did, what he thinks, what he does, how he made those changes, and if you do it, you can make those changes too. I believe that to the core of my being. So go check out his content. It will change you if you let it. All right, my friends, if you haven't already, be sure to subscribe and until next time, be legendary. Everybody, thank you so much for listening. And if this content is delivering value to you, Please go to iTunes, go to Stitcher Rate and review us. That helps us build this community and that is what we are all about right now. Building this community as big as we can to help as many people as we can deliver as much value as possible. And you guys rating and reviewing really helps with that. Alright guys, thank you again so much and until next time my friends, be legendary.
Ed Mylett
Take care. If you work in university maintenance, Grainger considers you an MVP because your playbook ensures your arena is always ready for tip off. And Grainger is your trusted partner, offering the products you need all in one place, from H VAC and plumbing supplies to lighting and more. And all delivered with plenty of time left on the clock so your team always gets the win. Call 1-800-granger. Visit granger.com or just stop by Granger for the ones who get it done.
Podcast: Tom Bilyeu’s Impact Theory
Guest: Ed Mylett
Episode Air Date: May 6, 2024
This episode centers on personal transformation, the mechanics of self-confidence, and practical strategies for overcoming adversity. Ed Mylett, who rose from poverty and career disappointment to become a renowned entrepreneur and motivator, shares the mindsets, habits, and emotional breakthroughs that fuel sustained success and fulfillment. The heart of the conversation is about “chasing down the ultimate version of yourself,” persisting in the face of struggle, and elevating your standards by connecting to meaningful reasons.
Malcolm X quote:
“That which you do not hate, you will eventually tolerate.”
(Ed Mylett, 03:27)
On gratitude in adversity:
“If you can find things to be grateful for in that space, man, is your life going to be rich when there really are extra eternal things to be grateful for.”
(Ed Mylett, 11:28)
On feedback and growth:
“You are perfect as you exist right now, but that version of you isn’t sufficient next year. You gotta be crazy hungry crisis to get to that next version of you.”
(Ed Mylett, 25:13)
On overcoming fear:
“Most inspiring person is the one overcoming the fear of doing something, not the person who’s excellent at it.”
(Ed Mylett, 36:55)
On standards and reasons:
“Give me someone with compelling, emotional, gigantic reasons. I’ll show you someone who’s changing their standards all day long.”
(Ed Mylett, 28:42)
This episode blends Ed Mylett’s personal story with tactical tools for anyone feeling stuck. The core message: Your life changes when you amplify your standards, attach them to real emotional reasons, relentlessly pursue growth, and see yourself as the driver of your destiny. Both host and guest unpack the psychology of self-improvement with clarity, candor, and concrete examples—making this episode a motivating guide for anyone at a crossroads.
For powerful practical tips and more from Ed Mylett, visit his website and follow him on social platforms.