The real truth about chasing your dreams.

So you guys might remember not too long ago. I made a video called the 3-year rule in that video. I defined the 3-year rule as this idea that in order to find success in any field. You need to dedicate yourself for long enough to see the results. It usually takes at least three years to see any significant progress. So as you might guess there's nothing magical about the number three you could very well swap that for four five seven years. That doesn't really

a matter the idea is that you're no longer thinking short-term you no longer thinking well, what's going to happen in the next week? What's going to happen over the next month? You're really dedicating yourself to this process and giving it a fair shot when you realize that success rarely happens overnight. You can then allow yourself to make mistakes to screw up. You can realize that what does it matter if my first video on YouTube only got 12 views. I'm in this for the next three years. I want to see what happens if I really.

Myself to this time and time again in that video. I made I introduced you to my friends and Australian podcasters Josh and Tommy Josh and Tommy started their podcast in 2018. And I had hopes to eventually turn it into a full-time gig and so much has happened since we last caught up. In fact, they actually just passed a significant Milestone. That's right. They passed the three-year mark from when they uploaded their first podcast. And so I figured what better time than now to catch up with the.

the guys.

Hey, man, how's it going? Is this about the five bucks? You owe me? No, I was calling about the podcast. I want to see how it's going that coffee. Remember you want a straw Leah. Yeah. Well, why don't we just catch up in person? That's actually a really good idea..

It can sometimes be intimidating to talk about money, especially when you're talking with successful podcasters, but Josh and Tommy told me that they were an open book when it came to their finances. So this is our YouTube estimated Revenue. It's four hundred and forty dollars and 73 cents. That's not bad. You know for one day that's that's actually pretty good. No, that's lifetime for one video on. Oh, that's that's lifetim lifetime. That's that's that's all..

God it's at everything and I said, oh no, but that's Australian dollars will know the conversions $345 and 47 cents USD..

Clearly I must have been missing something surely after three years. These guys would have one of the most popular podcasts in Australia. I needed to get to the bottom of this..

When you started out you set out to do this for the long run to really commit to it. Like where did you think that you would be in 3 years from the beginning? Yeah, I think that we would have anticipated that would be way further along way more listeners way more in I need money to be fair a Josh and Tommy have built a passionate bunch of listeners, like all podcasts and YouTube channels. They started out with zero followers and after three years of consistent hard work..

Now average a really impressive 50,000 downloads per month consistency builds momentum. Yeah, while the YouTube channel has only made them four hundred and forty dollars and 73 cents Australian dollars. They've made much more money from the audio version of their podcast just about enough for a solo Creator to make a living but not enough to provide for the two of them and their staff. So for the time being they keep the lights on by running a production company one of the biggest comments that we got over and over again on the last video that we did that.

3-year rule was well. Yeah, you got to make money though. Like how do you make money? And so you can't just survive off of our passions alone? And so how are you guys actually making this work? I mean, we started the podcast not thinking that we were going to make money anytime soon. We both had video production companies and what happened from starting the podcast was we ended up joining forces and creating our own video production company and then fast forward three years. The people we have around the staff that we have..

It probably thanks to a version of the podcast and what did for our relationship and what it did for our mission to be able to keep paying the bills and to do the thing we love which is the podcast the think about like if you love playing basketball, there's it doesn't mean that you have to play in the NBA. And so I think that a lot of times you can fall into that trap where it's like if you're going to do it you need to be world class where I think what we've identified is like maybe we could have a.

a really great basketball team in the suburbs.

Ha ha ha because you love it. You know it's for the love of the game but not everybody is going to be Michael Jordan. Yes the video we can make so much for an inspiring video about to Underdogs achieving everything they ever wanted in life. But you know while I might not have been talking with Jordan and Pippen I was talking with two guys who had found a way to find their own version of success and in a culture that's become obsessed with people..

Reaching the top. This might actually be the story. We need to hear right now. It's gonna get you guys a real quick. So just hold this he's paying minimum. Yeah..

It so it's depressing like using that sort of the Suburban basketball analogy. It's okay not to be the biggest in the world. Most of us won't be the biggest in the world. And so the idea that we need to be that to be full or to be whole or to be successful. Most of us won't be that made. This is the thing like we have gotten to do some have some awesome..

I'm experiences and it's so easy to look at where we are and look at all the successful people around us and compare ourselves to them. But the version of us now compared to what we were three years ago is an improvement and that's all we can really hope for I mean the thing is if you're going to pick one shirt that you're going to wear all the time when you pick one that's got a bit of silence, please..

Yeah, they probably can..

What do you think are some of the myths that other people family tell us about what success really is? Well, I think most people are projecting their own version of its success on everybody else. And so, you know, when I look at your biceps I get I get sad. I'm glad you said that because that's part of our contract into this video so you can check that box off when anyone speaks about it. It's them thinking about a version of what they probably want..

So it's hard when someone tries to tell you about success because it isn't taking into account what you want as your version of success. I guess that is the problem with social media. It's we are now redefining what success should be based on outliers. We're bombarded every day with success stories. We see them on Instagram. We see them on the front page of magazines and it's very easy for a survivorship bias..

Bias to begin to take hold. We see the most successful people in the world every day and when we don't see that success quite as quick or we don't rise quite as high we see our struggles as an inherent failure on our part, but that's simply not true. The truth is that whenever you chase your dreams whenever you chase an unconventional path, you're likely to stumble. You're likely not to see results quickly and no you may not be Michael Jordan and while.

Is no guarantee that you'll find financial success. Even there are many other guarantees that I could give you if you try to start that thing you've always wanted to I guarantee that you'll learn a lot that you'll build skills that will help you to earn more money in the future. I guarantee that you'll make connections and friends with people that are trying to do the same thing as you especially if you put yourself out there more, you know, right now, we're just setting up for big interview probably one of the biggest interviews in my life and probably most important of all I can.

Guarantee that you won't look back on your life with regret as cliche and corny as it sounds we really only have one shot one opportunity. Yes. Now I'm quoting Eminem. There's just really one chance to actually try to do the things that we want to do in life. The thing is that you need to identify. What's important. I think that that's like that's the biggest part of this whole thing. Like what is important? Why you doing it if we were doing this for money we wouldn't be doing.

Today and so the reason we haven't quit is because what's our other option if we weren't doing this, what would we do instead by quitting? What are we gaining? There's nothing wrong with making a paycheck to get by everyone needs to make a living but there's something special about overcoming your self-doubt ignoring naysayers and just getting started. I mean, what do you have to lose go to free idea for Developers YouTube channel..

Thirty Days of not being a complete dick head. I don't think you could even do it seriously..

He's actually still feel me..

What are we doing a book on a book on making money? I mean the other thing you have been a stripper before whenever I'm just going to write it on the board. That's lifetime. This is okay. You know for okay, that's how lifetime last three years..

That's Ryan goes. So as you guys can see we had way too much fun making this video. Honestly just making a video with people in person for the first time in like a year felt amazing and hopefully I get a chance to do this a little bit more while I'm here in.

Australia if you got a minute, you got to check out Josh and Tommy's podcast called The Daily Talk Show. I'll leave a link down in the description below. They have amazing chat. I was actually recently on an episode where they introduced me to all these Australian foods most of them which I had tried before but a couple of new ones in there. So go check out that again. I'll leave it in the description below and yeah, you know if you really want to start that thing if you've been thinking about it for a long time, please take this as the nudge that you need to get started..

You can start small. You can start simple. I don't care how perfect you think. It might be. I just care that you start pushing things out into the world that you care about. Thanks so much for watching and I'll see you next time..