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Episode 115  |  20:32 min

#112: Limiting Beliefs

Episode 115  |  20:32 min  |  02.15.2018

#112: Limiting Beliefs

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This is a podcast episode titled, #112: Limiting Beliefs. The summary for this episode is: If you liked this episode, we bet that you’ll love our blog content. blog.drift.com/#subscribe Subscribe to never miss a post & join the 20,000+ other pros committed to getting better every day. ----- Limiting beliefs. We all have them. And they impact us every single day. But DC has a lesson today about limiting beliefs and what you can do about them. And we talk about the top two limiting beliefs that impact most businesses: 1) "That person just got lucky" 2) "That won't scale" -- Join the BRAND NEW Seeking Wisdom weekly newsletter at drift.com/seekingwisdom And don't forget -- HYPERGROWTH 2018 is coming. Get your tickets at hypergrowth.drift.com with the promo code SEEKINGWISDOM. Tweet at us @dcancel & @davegerhardt
If you liked this episode, we bet that you’ll love our blog content. blog.drift.com/#subscribe Subscribe to never miss a post & join the 20,000+ other pros committed to getting better every day. ----- Limiting beliefs. We all have them. And they impact us every single day. But DC has a lesson today about limiting beliefs and what you can do about them. And we talk about the top two limiting beliefs that impact most businesses: 1) "That person just got lucky" 2) "That won't scale" -- Join the BRAND NEW Seeking Wisdom weekly newsletter at drift.com/seekingwisdom And don't forget -- HYPERGROWTH 2018 is coming. Get your tickets at hypergrowth.drift.com with the promo code SEEKINGWISDOM. Tweet at us @dcancel & @davegerhardt

DG: Now we're recording. Man, it feels good.

DC: Man, it feels good to be back on it. If anyone knows what rap song that's from, you win 10 points and I will send you a book.

DG: 10 points and a review. Last month was the biggest month of Seeking Wisdom, which is amazing.

DC: What? Easy, don't tell because...

DG: I'm not going to tell them what the number is but it was amazing, and so we're going to invest more in Seeking Wisdom. That has nothing to do with what we're talking about today. I want to talk about...

DC: They're listening. Did you hear that? They're listening.

DG: They are listening. Shh. Everybody has a podcast now.

DC: Yeah.

DG: Everybody. But they all talk about tactics. All right, so I want to talk about this concept of limiting beliefs.

DC: Uh- oh, all right.

DG: I want to talk about limiting beliefs.

DC: Yeah?

DG: There's something that we've been talking about lately that I want to talk about specifically, but I want you to... you've been dealing with me for two and a half years now.

DC: Wow.

DG: Limiting beliefs has been a key thing that I've had to break through, other people have had to break through, so maybe we just talk about it but...

DC: I have to break through.

DG: You have to break through.

DC: Everybody has to break through.

DG: I mean, how many times have you sent text to management team at Drift about limiting beliefs, right?

DC: Mm- hmm(affirmative), weekly.

DG: What does that mean?

DC: So, what does limiting beliefs mean?

DG: Yeah.

DC: So...

DG: They're lies.

DC: They're lies that we tell ourselves. And so I send them to my team, I send them to myself, and I think it's probably the one silent killer that prevents all of us from hitting the potential that we're capable of. And there's no one in this room, none of us here, who have hit one tenth of our potential, right? And limiting beliefs are these kind of lies that we tell ourselves that we can't, that there's this artificial ceiling of what we're capable of. And like I said, none of us have hit one tenth of what we're capable of, but we start to believe over time these limiting beliefs. Like we tell ourselves, " Oh, this is the fastest we can run. This is the best we can build. This is the most weight I can lift. This is the most revenue we can sell. This is..." And we tell ourselves those lies, and I'm always trying to break us out of those limiting beliefs because, guess what? Once you start to think about them, then you will play right into those, right, and you will probably go below the limiting belief and you won't actually achieve your potential.

DG: I think that is the most important part, which is you then play into what you say is going to happen.

DC: Self fulfilling.

DG: This is something we talk about. This is why we set crazy ass goals. This is why... It turned into a joke but it's actually dead serious, when you say 10X the goals, right?

DC: Yeah.

DG: And people tweet at us all the time, " 10X the... Up the goals. 10X the goals," or whatever. And it's funny but it's actually dead serious.

DC: It's true. And you've seen it play you, right?

DG: Every time.

DC: When we do it, everyone's like, " Uh- oh, how're we going to do that? We can't do it. It's too crazy."

DG: We have this conversation every month from a sales and marketing perspective, right, just to talk tactically about the business. Whatever number we forecast, we hit.

DC: Yes. Magically.

DG: Always.

DC: Even though we forecast... When we're forecasting, we're like, " This is impossible. It can not be hit."

DG: But if someone in that room says whatever the goal is, we're going to hit that goal.

DC: Yeah. And if they introduce a limiting belief, then I'm quick to jump on that limiting belief. And there's so many of these limiting beliefs that we tell ourselves, these little lies that we each tell ourselves. And the hard thing is that they creep in, they happen no matter how hard you try. No matter how aware you are of this kind of concept, they will creep in naturally, and so you have to fight these every day. And it never ends. The fighting never ends. I set limiting beliefs for myself every day.

DG: So, what's the... There is one specifically I want to dive into in a second, but what's the... So, how do you... Is it just reframe yourself to understand, " This is a limiting belief; it doesn't have to be... I don't have to agree with this?"

DC: I think the easiest way is to look at other people and what they are capable of, and that's why we talk so much about role models, because then it resets your context. Then you say, " Hey, they're human too, they're able to achieve 100X of what we're talking about." And one of the limiting beliefs that we've talked about is like, " Well, I don't have enough time, it's not possible," and one that I always come back with is, " Well, Elon Musk," or whoever you want to use as an example, Kobe Bryant or whoever, choose a person, " has as many hours in a day as us but somehow they're able to do all of this stuff, and so how are they able to do that stuff?" Maybe you can't achieve exactly what they've done but you can probably achieve more than you think is possible if they're able to choose these superhuman things.

DG: Everything that you've talked about. It's role models, it's pattern matching.

DC: YEah.

DG: So, I can't tell you how many times... For people listening, I can't tell you how many times we've been caught on an email thread, or some internal discussion, and you're just like, " Hold on, hold on, hold on. We are not the first company or people in the world trying to do X."

DC: Never.

DG: And that can be something about hiring, something about managing some goal internally, right? So that, to me, has been number one. It's like, " Oh yeah, you're right." So, first, I'm going to drop what I'm doing and think, " Who are the benchmarks? Who are the patterns? What else can I go find?"

DC: Yeah, exactly. Go out there, go outside yourself, go outside your social circle, go find the real benchmarks out there, how they're able to do it. So, to reset, recast what you're capable of. I gave a talk recently... I gave a lot of talks recently, I don't remember where this talk was, but someone...

DG: That's the most DC thing I've ever heard. I don't know.

DC: I have no idea. I don't know. Somewhere. Somewhere, at some point, I did this talk recently. And they were asking me about background, and basically they were trying to ask me shortcut, like they didn't come out and directly ask me but they were like, " How do you achieve certain things," or, " How do you achieve," I think he was coming at it more from a financial standpoint. And I said, " Look, the thing that I discovered now and why I spend so much time talking about this stuff, is I'm trying to help people shortcut some stuff because I made all these mistakes. I am the king of pride and the king of limiting beliefs, and I made all the mistakes, and so now I'm trying to help others correct that and save some years of their lives." I said, " Look, the way I think about my own history is that I'm the Forrest Gump of this thing, right?" And if you don't know Forrest Gump, go Google that. DHD is in the room here, she's too young to know what Forrest Gump is.

DG: She knows.

DC: Yeah. She's young, she's like, " What? What's Forrest Gump?"

DG: She's in film.

DC: Yeah, she's in film but she's young.

DG: Okay.

DC: And in Forrest Gump, if you know the movie, Forrest stumbles his way into all of these extraordinary opportunities and gets to meet all of these characters throughout history, and I said, " My own progression is exactly Forrest Gump. I just stumbled my way through, right, and then all of a sudden I was around new role models, new situations, new opportunities, and then I played to the average of those people. And then, after that, then I would stumble upon another group and then another group, and it just so happened each one of those groups were following a progression, and I've kind of stumbled my way that way. Why? Because I had these limiting beliefs because I didn't have role models, I didn't have Google to go Google something, I didn't have YouTube to go look at, Jim Rohn and his lessons, or whoever you want to take lessons from."

DG: Yeah, Jim Rohn, Grant Cardone, stuff you're studying now.

DC: Yeah, Jess Bezos, all that kind of stuff. I didn't have any of that stuff, it wasn't accessible, so I had to stumble my way through. But guess what? You're all lucky now. If you're listening to this, you have access to all of that, so you should have... not be the Forrest Gump of this, you should be able to shave 10 years at least from this...

DG: And that ties everything back to learning, right? That's why... It's not so much that we talk so much about that, because it works, right, it's going to open your mind for what's possible because it's all already been written. Everything has already been written in one book or another. I mean, how many times do I text you and say, " Man, I got this lesson, this book was in 1920," and you're like, " Yeah, no shit. This is why I tell you to do this."

DC: Yeah. I think we had a thread this week on messaging with Elias, who never read for 10 years, now he reads...

DG: Now, every morning I'm like...

DC: He sends me books now.

DG: He's going to send us... Come on now. Go back to episode 41. We talked about predictable revenue.

DC: And he's like, "Look, it's in this book. Look, the answer's right here," and I said, " Of course the answers there, because 99% of problems are people problems and all of those have already been mapped out." I think the number one limiting belief that I see, are you ready?

DG: I'm ready. I have one. I'm going to say one that I want you to talk about, so go ahead, let's see if it's this one.

DC: Maybe it's the same one.

DG: Yeah, go ahead. Let's go.

DC: Okay. The number one limiting belief is luck.

DG: Oh. It's not, so bonus, you're going to get more heat on this episode.

DC: So, the number one...

DG: Luck. True, so true.

DC: So, I went on tirade the other day about this on the Twitters.

DG: I never thought of that.

DC: Because they posted something, and one of the things, it had something to do with luck.

DG: Haters always say luck.

DC: On my goodness. Haters, public haters, and people who are disappointed with their own results always go to luck.

DG: Luck. He got lucky.

DC: I got lucky. He got lucky. That's the number one limiting belief. So I want to break you, if you're listening to this, don't use the luck excuse, right? Because if you're listening to this on your$ 1, 000 iPhone, you are lucky, right? If you're listening to this at all, even if it's not on a $1, 000 iPhone, you have nothing but first world problems just like the rest of us, so you are by definition lucky. Lucky is an excuse that I hear from people all the time, of like, " Oh, that person was in the right time, right place. They got lucky." Someone tried to have an argument with me about Zuckerberg was lucky, this person was lucky, Jeff Bezos is lucky. I'm like, " Really? They're all lucky? Everyone's lucky but you?"

DG: But that's the crazy thing. It's not just a first world problem that we're all privileged; it's about none of these stories... everybody loves the 10 year... Everything is the 10 year overnight success story, there isn't... Nobody actually got lucky. Okay, somewhere they did... Go read Shoe Dog. Go back, go read Shoe Dog, think about what Phil Knight had to grind through to start Nike.

DC: Totally, yeah. And the ones... So, everyone uses this excuse of, " Well, luck had a lot to do with it." Sure, luck had a lot to do with all of us being here. Luck had a lot to do with us... Warren Buffet says that hitting the lottery and being born in America at the time that we are, and being at a place, where DG, who can not figure out how to use a microphone stand or do anything handy, he's lucky because he was born in a time and place where his other skills, because he's really good at some other stuff, are valued.

DG: Mm- hmm( affirmative).

DC: But if we went back... If you were born 20, 50, 100 years before you were born, man, you would've been out of luck.

DG: Yeah. Nobody cares if you're good at Twitter 30 years ago.

DC: No, no, no, exactly. You would've been in serious trouble, serious trouble, if you would have...

DG: Yeah.

DC: So we're all lucky. So, lucky is the thing not to use as an excuse, but to actually kill that limiting belief of, " These people were just lucky."

DG: Love it, okay.

DC: Number one thing. And that limiting belief usually comes from people who are the most lucky, right? So, I have these super lucky, super fortunately people all the time, especially on Twitter, they're all on Twitter. If you're on Twitter, I'm watching you, right?

DG: Yeah.

DC: Who went to all the right schools, had all the right background, had all the opportunities, had all the right friends, and yet they're the first ones to talk about everyone else as being lucky.

DG: The luck thing always drives be crazy, because I also think luck is a separate topic but there's things that you can do to... It's funny how there's things that you can do to make yourself luckier, right?

DC: Mm-hmm (affirmative).

DG: You can work harder, you can learn more, you can read more, you can be around the right people. It's funny how those people seem to get lucky more often.

DC: Oh, crazy. It's like one thing that I say to break this things is, " Go spend time around people who are actually not lucky, right, to build up some gratitude and some understanding of how fortunate you are. Go spend some time. There's plenty people around you, you don't have to look very far, who are not lucky. And then reset your context for what is luck and what is not luck."

DG: Please. So, the one you didn't mention... There's one you didn't mention.

DC: Hit me.

DG: I don't know what you're doing on this phone.

DC: I have notes over here.

DG: Whoa, I was going to say.

DC: Not for this podcast but I had some notes about a video I was going to film, and it had to do...

DG: Chop this up into a clip. DC has notes.

DC: First time ever. And I was going to film a video, and the video was called, " Stop with the luck excuse."

DG: Love it. Well, we just filmed the video. Let's cut this up.

DC: And I had all this stuff.

DG: This is great.

DC: Yeah, so... And this part here. Right this, look at this. Look at that. Everyone implying that they can do the same thing if they would just get lucky.

DG: Love it.

DC: And that limiting belief is a lie, so stop lying to yourself, right? That's just like the degenerate gambler thinking that, " If my number comes up, then everything will be great," and just like that person, you're lying to yourself. Look at that, I had notes there. Is that the first time ever?

DG: No, you must've... That's the result of either a long walk or a flight.

DC: Yeah, a long walk.

DG: Yeah. I'm pretty good. No, the number one limiting belief that you didn't mention is will it scale?

DC: Oh, okay, I have some more notes on that one.

DG: That's where this started. You tweeted, we talked about... We had had a conversation about this. The number one limiting belief is that everyone wants to say, " Yeah, no, but how does it scale?" Or, " Will it scale?" That's a limiting belief.

DC: Totally. That's inside of... That one is very specific to working inside of a company, right? So, the number one... I was having drinks with friends of the podcast, Ryan Deisse, what's up homie?

DG: Yeah.

DC: Runs Digital Marketer, a friend of ours, friend of the show.

DG: Ryan, don't take it personally. DC can't pronounce anybody's name. It's okay. It's Ryan Deisse. It's okay.

DC: Did I say... Deisse, like rolling the dice?

DG: It's okay. Nobody... People don't know they pronounce your name right, so it's okay.

DC: Yeah, they don't have those kind of names in Queens. He's from Texas, so I've never seen the name. Sorry, Ryan.

DG: Yeah.

DC: So, anyway, I was having a drink with him and we were talking about this very thing, which is this idea of will it scale, right? Because obviously I rant about it all the time, and he was saying that he had a talk just like this where he was saying, " Hey, the number one way to kill any initiative in any company is to utter these words; but will it scale, and that will kill any initiative within a company." So of course I went on a rant about this being this limiting belief, right, which we all tell ourselves, which is we want to kill something even before we get it... And obviously we believe in doing things that don't scale at Drift, and we repeat that over and over and over, and it always works, but most of you are killing initiatives...

DG: Before it even starts.

DC: ...before it even starts, right. Because you're like, " I don't know if it's going to scale." And even us... Even us, who talk about this all the time. We had a meeting recently internally and it was about launching some new program, and we were over- architecting it, and the reason we were over- architecting it was... and doing too much planning around it was because we were scared about the scaling aspect of it. And obviously Elias and I are of the same mind and we're just like, " Can we launch that in two days?"

DG: Yeah. Momentum makers versus perfectionists.

DC: Yes, let's launch it in two days, let's see if it's a problem. If it's a problem, then we'll deal with the scaling issues. But, most likely, most of the things that you're worrying about launching will never hit scale and never be a true problem.

DG: Or they're good problems to have if we do.

DC: Good problems.

DG: We had so many people interested in this one thing, then you have to go hire and build out a team around this, great.

DC: Wow, awesome. Let's find that out.

DG: So, yeah, I think the DNA is always... I think we're always trying to find a way of, " How can we do this with a landing page and a video," and it takes 20 minutes, see what happens.

DC: Mm- hmm(affirmative).

DG: The will it scale thing, I think that's the number one thing, it kills so many things. The whole premise of it just gets started. If you think more about how's it going to scale, you're planning for something that hasn't even happened yet, right?

DC: Totally. And I'm interested, when you're listening to this, tweet at us, LinkedIn at us, whatever you want to do.

DG: Oh, LinkedIn's crazy.

DC: Hit us on LinkedIn. And tell me what your top limiting beliefs are, because for me these are the two, right; luck and then will it scale, inaudible company.

DG: Love it.

DC: So I want to hear that. I'm worried about one thing, though.

DG: What are you worried about?

DC: I hope you're worried about the same thing.

DG: I heard a big gong out there. That's good.

DC: That sounds pretty good. That was loud. So, I'm worried that we had this huge... In January, we had this huge jump in six star ratings.

DG: We did.

DC: Huge. It was out of control. Seems to be slowing down some. I went back and I looked through all those six star ratings. I did not see enough Amy and DHD shout outs in there, right, so there's a problem here.

DG: What the hell.

DC: DHD and Amy working hard here. We need some shout outs. Say what's up, what's going on, tell them how much you love the videos. If you don't tell Amy and DHD that you love the videos and leave a six star review, no more videos for you.

DG: Damn.

DC: How's about that?

DG: It's just for us. We're going to do it internally.

DC: We're going to cut the videos.

DG: I have one additional CTA. I don't know if I dropped this with you yet?

DC: Okay, another gong?

DG: Another gong.

DC: Uh- oh.

DG: That was smashed. My ears are ringing. We're starting a Seeking Wisdom newsletter.

DC: Oh really?

DG: Right now.

DC: How do you sign up?

DG: Go to drift. com/ seekingwisdom.

DC: One word?

DG: One word. Drift. com/ seekingwisdom. We're big fans of email and copy, and we figured there's so much stuff that we don't talk about on the show, so we're going to start a newsletter from DC and I, where every week we send you things we're learning, things we're thinking about, books we're reading, articles we like.

DC: And we're only going to share this content with the newsletter.

DG: Only. This is dead serious. You have to be...

DC: This isn't any bogus exclusive.

DG: No, this isn't a fake exclusive. Mainly because we want to have a better connection with the Seeking Wisdom audience. It's hard... On podcast it's hard. We feel it in the reviews, we feel it on Twitter, but we want that email one to one, we want to reply to everybody.

DC: Sure.

DG: So, when you hear this right now, go to drift. com/ seekingwisdom, two seconds to subscribe. There's be a bot there, you put in your email address, subscribe.

DC: A bot?

DG: Yeah, a bot.

DC: Conversation Marketing?

DG: Powered by Drift, Conversation Marketing. Two seconds.

DC: Okay, I was just... Sure. And if you're...

DG: No forms.

DC: If you want some special content in that newsletter, then make sure to leave those six star reviews, Amy, DHD, in there. And if you leave enough of them, maybe I'll help convince them to put some behind the scenes footage in that newsletter.

DG: Oh, I love that.

DC: Exclusive.

DG: Exclusive footage only. I might even have DC write a couple of these newsletters every now and then. He's pretty good. He can write.

DC: I can write something.

DG: It's been a minute.

DC: Last thing.

DG: Yeah?

DC: Hypergrowth 2018.

DG: Oh my god.

DC: We have a goal. I'm trying to save DG. We have a goal of over 4, 000 people in Boston, September 2018.

DG: Yeah. Tuesday, September 4th.

DC: Okay. And we have over 1, 000 person goal for our San Francisco version of Hypergrowth.

DG: Three weeks later, we're getting on a plane and we're going to San Francisco.

DC: Yeah, September 24th.

DG: Yeah. There's another conference happening in town that week.

DC: I haven't heard.

DG: Okay.

DC: Sorry. So, those two conferences, sign up. How do you sign up for Hypergrowth?

DG: Hypergrowth. drift. com.

DC: Okay.

DG: But use the promo code Seeking Wisdom.

DC: Okay.

DG: Tickets are going to be cheap the whole year only on this podcast.

DC: Okay. Don't tell anybody.

DG: The price will never increase. If you use the Seeking Wisdom promo code you're going to get the best deal on the house. And let me tell you, we haven't shared this with the team internally here, but on Friday it's show and tell. We're dropping the first batch of speakers that we have.

DC: Oh, okay. Shh.

DG: And one cool thing that we're going to do different this year is that every speaker that we're going to have at Hypergrowth is going to come on the podcast.

DC: No way.

DG: Every speaker's coming on the podcast from now until September. So, look, if you don't buy your ticket now, that's fine, but I'm telling you we're going to have a guest on, it's going to be so good that you're going to want to come see them for some different content in person.

DC: See, you shouldn't have told me that because now I want to raise it.

DG: You want to raise the goal?

DC: No, no, hold on, hold on.

DG: Because now you know what the marketing plan is, you want to raise...

DC: No, we're not going to raise the goal but what about if we do this?

DG: Okay.

DC: We choose... Not only will they come on the podcast, not only will they speak...

DG: I'm going to write this down.

DC: ...but we maybe have a live... Facebook live or webinar live, whatever you want to do, YouTube live, you choose the channel.

DG: Yeah?

DC: Where we only open it up. Facebook live only. Only open it up to people who have registered for Hypergrowth, they will be able to participate in the live Q& A with these speakers.

DG: Wow. I love that.

DC: Nobody else is going to get this. They're not going to see it. This is only going to be for people who sign up hash... promo code Seeking Wisdom. Let's get it.

DG: That's crazy.

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