146: Unusually Spiky
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Are you back home now? I am. I'm back home in my office at a comfortable 16 degrees. Yeah.
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We could have an entire episode addressing the thermostat follow-up but I don't want to do that
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and I want to tell you why. I tell you why I don't want to do that. I can't recall getting so much
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follow-up about a specific thing in a long time. Like you know we get lots of follow-up for like the
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entire conversation but everyone just sending in follow-up for one specific thing. Now I want to
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give you just like a brief overview of the feedback that we've got. It has ranged from using faraday
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cages, to how to rewire a thermostat, to if it's legal to rewire a thermostat, to if it's dangerous
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to rewire a thermostat, to a variety of things that people have written into which feel incredibly
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prone to causing fires like using a heat lamp against a curtain, to how easy this would be for
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you to do to replace it, to how hard it would be for you to do to replace it, to how simple it would
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be to trick the wi-fi, to how it would be impossible to trick the wi-fi, to whether you were breaking
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some kind of international law or whether it should be your right to do it. That is the full
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summarization of the follow-up we have received and I will not address any of it because I don't want to.
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Yeah, I don't know why. The topic of what temperature is comfortable really brings
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absolutely everybody out in full force. My favorite thing is the people that,
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and this is happening a lot in the discord, people will be talking about it, and you could tell the
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moment in which people hear what temperature you want. It's like people are talking about it and
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like, "Oh, you know what? I agree with Grey. He should be able to do this." Like, "Wait,
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16 degrees?" This is the thing that I've seen many, many times. People are continually surprised.
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Well, I mean, okay, just look, we don't need to rehash this entire thing, but in my defense,
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two things. One, I will remind people that this is a working trip for me and when I am working,
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I'm moving a lot. The amount of pacing that I do is huge because I'm just thinking about stuff.
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People are totally right. That is a very cold temperature to just sit still at,
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but that is not what I'm doing. It was funny. My wife was commenting on how often she got the
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little workout updates for me where it's like, "Oh, your husband just finished an indoor walk
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of seven miles," and she knows I'm just pacing back and forth in this 10-foot space.
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Okay. That's a good justification for 16 degrees.
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That is part of the reason is I'm very active. The other reason is even if you set the thermostat
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at 16 and even if the thermostat says it's working to get the room at that, as we have visited many
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times, hotels can never reach that temperature. They're always striving to get there but never
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actually get there. It's like xenothermostat. That's what it's like. Yeah, lots of feedback.
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That's the end of it.
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I mean, Mike, of course, no, that's not the end of it. It's only the end of it
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until I go on the next graycation, and you can be sure one way or another.
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I'll be planning ahead for that.
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So when we spoke last you were on a graycation, how was the result of the graycation? I know
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you only just got home again, so it was quite a long one. Was it valuable?
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Yeah, I think this might have been the longest one I've ever been on. If it wasn't, it was closed.
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Well, from my memory, I mean, you could tell me if I'm wrong. I think it depends on what
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you're classing out here, because I remember when you were lost in the wilderness for a really long
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time. You just kept adding time onto a counter of going to visit various places in the West.
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Yeah, that's different. That's different.
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I don't think that would necessarily count as a graycation as such. You were just around.
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Yeah, I'm trying to remember. I think the longest trip I ever took where I was just away from being
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home on my own was a couple months, maybe pushing towards three months. But that's different.
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Like you said, I'm chaining a bunch of stuff together.
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Why I'm fairly certain this is the longest one of these—
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So again, what am I specifically talking about here? So when I say this term "graycation," I mean
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it is this dedicated work trip. There's nothing else happening. I'm not seeing anybody.
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I'm not doing anything in the local town. I'm just finding a hotel room and locking myself in there
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to work. And part of the reason these trips kind of have a built-in end to them is you can only
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sustain that for so long. There are super productive periods of time, but it always
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feels to me like 10 days is normally the maximum amount that I can do for this kind of stuff before
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I start to be like, "Okay, I'm at the end of this. I can't push this anymore." But this trip was just
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going really well, so I kept extending it. So like I said, I think it was about two, two and a half
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weeks in the end, which is really long for me. And yeah, I don't know. On this one, I just kept having
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this feeling like— I think at all scales, in-depth work just really benefits from how long can you
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just concentrate on this task. And I think maybe part of the reason this one also lasted longer
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than it normally did is because I was switching between two things. I was working on video stuff
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for the channel, but I was also doing a lot of work for Cortex brand, like a bunch of really
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complicated stuff with a Stockotron spreadsheet that we have to manage some of our behind-the-scenes
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logistics. And I think maybe it was the bouncing between those two kind of allowed me to stay longer
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than I otherwise would have. I wasn't burning out on just the one thing. I kind of could extend it
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by having the two. Yeah, I don't know. I've always just been a huge fan of trying to have
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big blocks of uninterrupted time, and I think that really matters. On the scale of a day,
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try to have blocks of time, and on the scale of a week, try to have blocks of time. And this is just
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me now doing the most extreme version possible, which is like, "No, just clear the calendar for
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two weeks and try to work on something." And yeah, it was really great. There's a video project that—
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it won't be anything that people guess because I haven't spoken about it publicly—but there's a
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video project that has been on my list for like, "God, I want to check what the original note is,"
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but it must be like eight years now as a thing that I've wanted to do. But there's something
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kind of complicated about how to execute it, and this Grayscation was the time where it's like,
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"Okay, I can just sit down and kind of work out all of the details of how is this going to work
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in a video in practice in a very complicated way." I have by far the craziest Obsidian Canvas sheet
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that I've ever made to connect all the different parts of this thing before, and I think this video
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would have stayed on my "This is an interesting idea" list for like years and years if I hadn't
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done this trip where I could just focus on this one thing, keep it all in my head, and as a result
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of just not having any other distractions or any other interruptions and being able to like,
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mull this over, I came up with a bunch of interesting solutions for different parts of it
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that had always been kind of stumbling blocks in the past. So—
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- Is this an animated video? - Yeah, yeah, it's gonna be an
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animated video. - I wasn't sure, like,
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the complexities, are they like physical or just narration storytelling stuff?
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- Yeah, it's kind of like the storytelling problem, right? Like, sometimes you just have a bunch of
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stuff and you go like, "God, how do you even try to talk about this?" People will see when it's out,
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but it will be very obvious to everyone, like, "Oh, this was a complicated thing to make,"
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even though the kind of story of it is very simple. And as always, in retrospect, there's a bunch of
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stuff that like, once you see how it's done, it's sort of obvious, you're like, "Oh, that's like an
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obvious idea," but trying to work out how to do it, like, when you haven't got the answer already,
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it's like, it's not obvious. So yeah, it was great. I like, walked away from this trip with like,
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script for this video done, I have just like a ton of audio to record, and that's what I'm
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gonna do over the next few days and then pass it off to animation. And so like, I genuinely
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don't feel like I'm jinxing it. This is like very on target as a September video for like,
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great, the writing is done. I know people sort of think that I'm crazy for doing these kinds of
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trips, but they are very clearly net positive, and I have a very high success rate of them going
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really well for like, there was something that I was having a hard time finishing or figuring out,
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or it's just like a big complicated project, and I think it kind of frees up RAM so you can hold more
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in your head at once and then make connections that you might not have made otherwise. I am like,
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a real weirdo on these trips, because like, I realized when I saw my wife after it was over,
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having to do the thing of like, "Oh, right, aside from like, some interactions with the hotel staff
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and the deliveroo drivers bringing me my dinner, like, I haven't spoken to anyone on this trip,
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it's just, it's very like, in my own head, and then I have to come out of it at the end of it."
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No, no, no, like, I'm trying to find a way to like, because you made me think of like,
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silent retreats or whatever. I've been intrigued by those kinds of things, yeah.
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Yeah, I know this is a thing, like, actually we were recording Connected yesterday,
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and I don't remember how it came up. Federico said like, "Oh, I should try a silent retreat,"
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and I was like, "I don't think I could last on a silent retreat."
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Why don't you think you could last? Because I can't stop talking,
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like, that's kind of my problem, you know? And so like, I feel like I would need a noisy retreat,
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as much as they just like, just let me be really noisy for a week.
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I don't think they have noisy meditation retreats, I feel like that's the opposite of what's going on.
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What is that where you scream? Like, that scream therapy?
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Like, primal therapy? Is that what it's called? Is it called primal scream?
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That's what you want for your meditation retreat?
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I always remember, have you ever seen the movie Pirates of Silicon Valley?
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Uh, a long time ago, yeah.
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It's like the, I think, like, made for TV movie about Steve Jobs and Bill Gates,
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which is actually like, really good. There is a moment where the Steve Jobs character
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is doing primal scream therapy, and I always imagine that, but anyway.
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What I was kind of angling towards is like, people do these things, I'm not really sure why.
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Why someone would do a silent retreat, maybe it's just like a way to just like,
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not have to interact with people, maybe find a new way to communicate with people,
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I'm not really sure, like, but it's just the way that you describe the Gregations is like,
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maybe you are getting out of those what some people get out of the silent retreat,
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because like, you're not communicating with people.
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It's like, it like, removes that as a thing you need to do,
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and you're just doing everything it is that you want to do.
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It's just like an interesting, I think, byproduct of it more than anything else,
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that you're just not having to talk to anyone at all.
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The silent retreats, the impression that I've gotten, and the reason I was interested in them
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a little bit was, I've only ever heard them in the context of meditation,
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so the impression that I get is that the silent retreats are a way for people who are having a
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hard time with meditation to like, boot into how to do this faster.
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And that by not being able to, that's like, the being silent is forcing you to be entirely within
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your own head, and so that like, is a fast track into meditation stuff.
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I eventually decided that meditation is just not for me,
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and so I kind of lost interest in never doing something like that.
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But yeah, I think there's a sort of parallel in what I'm doing with trying to just
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remove all the outside distractions of life.
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From my perspective though, it's really this feeling of like,
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it makes it much easier to hold the entire project in my head at once.
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You know, it's like, whenever you're working on something difficult,
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there's like this period of like, "Okay, you get up in the morning,
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and you're gonna work on the thing."
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And there's always a little bit of like, "Right, let me load it back up into my head."
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And I think just this kind of really intense working time really removes that Buddha process,
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because it's like, "No, no, this is all I was thinking about all day,
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and then I went to bed, and then I got up in the morning,
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and it feels like a real continuation of what happened before."
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I think people just don't realize how extreme I'm being on these things.
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Like, I'm not watching TV, I'm not watching movies.
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I always bring some books with the idea that I'm going to read them,
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but I basically never do, with a little asterisk that I finished a business book on this trip.
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But like fiction, I think like, "Oh, I'll have a novel with me to read."
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It's like, I never do. I never do that at all.
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It's just entirely working on the thing and pacing
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and sometimes walking around outside and coming back.
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I think that's why it's like, you can hold a complicated project in your head
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and never have to put it down,
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and then never have to like get it all back in your head while you're working on it.
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I will say, related to that business book,
00:15:33
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there was one thing I was very happy was sort of different on this trip.
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Is, of course, being in this hotel for like two and a half weeks,
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quite obviously only ever leaving the room to go get coffee and pick up the meals that are being
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delivered to me in the lobby. I stand out very fast to the staff.
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They just notice me and I think quite rightly, after a certain period of time,
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you could tell the staff is like, "What is this guy doing?"
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Right? Like, "What is this guy just like living in our hotel?"
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And it's extra weird because I was staying in a really touristy location.
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So everyone else in that hotel was clearly there for touristy stuff.
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And then there's me, right? The one person who's not.
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- The air conditioning guy. - Right, the air conditioning guy. The guy who was there on day one.
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- Mr. Freeze over here.
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Yes. We only ever see him go to the gym and go to the coffee machine.
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Those are the two things he does. And then he picks up the deliveries.
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That's it. Housekeeping? No, he doesn't want it. Please don't come into the room.
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And so one of the members of staff, I imagine someone who like drew the short straw,
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clearly tried to like work up a conversation with me to be like,
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"What are you doing in this hotel?"
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Right? Like, "We just want to make sure everything's okay.
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"The housekeeping staff hasn't been in. What are you doing in there?"
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It felt to me like it was the friendly version of the time in Las Vegas
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where they brought security to my hotel room for the same reason.
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They're like, "We need to know what's happening inside this room."
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- You know, I was about to say like, "Oh, I heard. I forgot that was you."
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- That was a thing of like they needed to make sure there wasn't something real bad going on.
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- Yeah, yeah, of course.
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- In Vegas, they will, if the housekeeping can't get in over a certain period of time,
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they're just going to come in. They're just coming in.
00:17:30
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►
- Yeah, it was the manager and a very big man behind him in Las Vegas wanted to check out the room.
00:17:36
◼
►
I was like, "Oh, I'm just on Grey Master time."
00:17:39
◼
►
So like the housekeeping schedule and my schedule hasn't overlapped.
00:17:42
◼
►
So yeah, anyway, like the guy who drew the short straw sort of clearly wanted to strike
00:17:46
◼
►
up a little conversation with me while I was getting coffee to be like, "So what are you doing?"
00:17:50
◼
►
And I was very happy because I had a completely legitimate answer.
00:17:55
◼
►
I was able to, it's because like, I don't want to say what I'm really doing, right?
00:17:58
◼
►
Like, "Oh, I'm like, I'm writing all this time," right?
00:18:02
◼
►
Because then it's like, "What do you write?"
00:18:03
◼
►
And I don't want to have to say any of these things.
00:18:06
◼
►
So I was able to say the truth, which is, "Oh, I'm a logistics manager for a company."
00:18:11
◼
►
- Oh, you finally gotten to it.
00:18:14
◼
►
I was so happy, I was like, "What I do is I work on logistics spreadsheets,
00:18:20
◼
►
but they're really complicated.
00:18:22
◼
►
Like there are hundreds of thousands of rows of calculations.
00:18:25
◼
►
And so I find it easier just to lock myself in a room and work on these big spreadsheets
00:18:31
◼
►
without interruption.
00:18:33
◼
►
So that's what I'm here for.
00:18:34
◼
►
I'm just like working."
00:18:35
◼
►
And I was so happy because I could see like in his head, he went, "Ah."
00:18:41
◼
►
- Boring nerd, right?
00:18:43
◼
►
Like he hit the two check boxes and then they're like, "This guy is no problem.
00:18:47
◼
►
We don't have to worry about it."
00:18:49
◼
►
- Yep, story checks out.
00:18:52
◼
►
Yeah, I also can imagine, right, I fit the look of a person who's like,
00:18:57
◼
►
"I'm working on these spreadsheets.
00:18:58
◼
►
Would you like to know more about my spreadsheets?"
00:19:00
◼
►
No, I would not like to know more about your spreadsheets.
00:19:02
◼
►
- Maybe less time in the gym though, I feel like to fully complete.
00:19:06
◼
►
- I think it can still check out because they realize,
00:19:08
◼
►
like they don't know I'm pacing for miles back and forth, right?
00:19:11
◼
►
- That's true.
00:19:11
◼
►
- So from their perspective, this is the only physical activity that I'm doing.
00:19:16
◼
►
And also if they're checking, if they're spying on me, right,
00:19:20
◼
►
with the security camera that's in the gym,
00:19:21
◼
►
I'm not down there lifting massive weights, right?
00:19:24
◼
►
Like, you know, I'm at the very small end of those barbells for the weights that I'm doing.
00:19:29
◼
►
So it still checks out for the nerd story.
00:19:31
◼
►
I was very happy to have the first real instance of being able to report that,
00:19:37
◼
►
like, "I'm a logistics manager, like nothing interesting to see here. Move right along."
00:19:42
◼
►
- This is kind of incredible because this has actually just been a weird thing
00:19:48
◼
►
where like a joke that we had years ago has come true.
00:19:52
◼
►
Like we had a conversation years ago about like explaining what you do in a situation
00:19:59
◼
►
where you just don't want to deal with the follow-up questions, right?
00:20:03
◼
►
Because it's like, you know, I have this like, "Oh, I'm a podcaster. What podcast?"
00:20:06
◼
►
- Yeah, exactly.
00:20:07
◼
►
- "Oh, what is it? Like, what do you do?"
00:20:09
◼
►
Like you record, it's like, "Yeah, I have a podcast production company."
00:20:11
◼
►
"So what is your show?"
00:20:13
◼
►
And it's like, "No, I have a bunch."
00:20:15
◼
►
And I'm like, "What are they about?"
00:20:16
◼
►
And I'm like, it's like tech and creativity and people go, "Oh."
00:20:21
◼
►
And then the conversation ends.
00:20:22
◼
►
So sometimes it's just easier to say a different thing.
00:20:24
◼
►
So like for me now, I say like, "Oh, I run a product design company
00:20:28
◼
►
and like we make notebooks and stuff."
00:20:30
◼
►
And that's the thing I feel like I can have more interesting conversations with people about
00:20:35
◼
►
because everyone can understand that rather than like,
00:20:37
◼
►
"So I record podcasts with people in America, mostly about technology."
00:20:42
◼
►
And it's like, "I don't want to have this conversation."
00:20:44
◼
►
Is what people's eyes say to me.
00:20:46
◼
►
And so we had a conversation about this years ago
00:20:49
◼
►
of like how to try and explain what you do.
00:20:51
◼
►
And back then I said that like I was an advertising logistics manager
00:20:56
◼
►
because I managed the logistics of ads.
00:20:58
◼
►
And you were like, "Oh, that sounds good."
00:21:00
◼
►
It's like an idea.
00:21:01
◼
►
And it's now it's taken all this time.
00:21:03
◼
►
And now you are actually legitimately a logistics manager
00:21:08
◼
►
for a company that produces productivity tools.
00:21:10
◼
►
- Yeah, I used to have an answer that I stumbled around
00:21:13
◼
►
with like advertising, but like it never worked.
00:21:16
◼
►
I never liked it.
00:21:17
◼
►
It's also the thing of like,
00:21:19
◼
►
I just don't want to straight up lie about what I do, right?
00:21:22
◼
►
- No, 'cause it's silly.
00:21:23
◼
►
- It's silly to do.
00:21:24
◼
►
It's also a thing of like, why keep track of this in your head?
00:21:28
◼
►
Also, boy, are you in for 10 times more trouble.
00:21:30
◼
►
Like if someone follows this up at the hotel
00:21:32
◼
►
and now it's like the weird guy lied about what he does for a living.
00:21:36
◼
►
So I just, I never wanted to do that.
00:21:38
◼
►
And I just never had a satisfying answer.
00:21:40
◼
►
But that's why this logistics wad, I was like,
00:21:42
◼
►
"Oh my God, it's completely legitimate.
00:21:44
◼
►
I really am working on a spreadsheet for like hours at a time in this hotel room."
00:21:48
◼
►
This is like a perfectly legitimate, maximum boring answer
00:21:53
◼
►
that I could give to people now when they ask about my work.
00:21:56
◼
►
So I was very happy about that.
00:21:59
◼
►
'Cause that's what we're going to do in the show anyway, right?
00:22:02
◼
►
Like, ba-do-ba-doop, right?
00:22:03
◼
►
- It probably won't be the ad sound.
00:22:05
◼
►
It will be like the, ba-do-doop, that one.
00:22:07
◼
►
- Yeah, yeah, yeah.
00:22:08
◼
►
We'll do that.
00:22:08
◼
►
Yeah, that's a little bit of ting, ting.
00:22:10
◼
►
Or I don't know.
00:22:11
◼
►
I don't know how it goes.
00:22:12
◼
►
- Do you have any idea?
00:22:13
◼
►
What was that one?
00:22:14
◼
►
- Wait, how does our not ad break sound go?
00:22:19
◼
►
I can't think of it.
00:22:20
◼
►
It is blue loop?
00:22:22
◼
►
It's ba-do-doop.
00:22:23
◼
►
- That you're doing the, ba-do-doop.
00:22:25
◼
►
That's the ad sound.
00:22:28
◼
►
- But the one where it's just moving to the next topic is,
00:22:31
◼
►
it's almost like the highest note is reversed.
00:22:35
◼
►
Yes, I've edited this show many times
00:22:39
◼
►
and I still can't like pull it into my head
00:22:42
◼
►
what that sounds like.
00:22:43
◼
►
- That sound, sometimes you don't hear it.
00:22:45
◼
►
The most uses of that sound, the like change topic sound,
00:22:47
◼
►
go with more text.
00:22:48
◼
►
- Which you don't hear that,
00:22:50
◼
►
'cause I edit it when you're done.
00:22:51
◼
►
- Yeah, but I still hear the sound.
00:22:52
◼
►
I listen to the show when it goes live.
00:22:54
◼
►
Like, I hear the sound.
00:22:54
◼
►
- I didn't know you did that.
00:22:55
◼
►
- I hear the sound.
00:22:56
◼
►
- I just can't think of what it is.
00:22:57
◼
►
But whatever.
00:22:58
◼
►
This could be a topic change now.
00:22:59
◼
►
- It's September.
00:23:01
◼
►
- September.
00:23:02
◼
►
- September is Childhood Cancer Awareness Month.
00:23:04
◼
►
And for the fifth year in a row,
00:23:07
◼
►
we are once again as a community coming together
00:23:09
◼
►
at Relay FM to support the life-saving work
00:23:12
◼
►
of St. Jude Children's Research Hospital.
00:23:14
◼
►
St. Jude have a simple mission.
00:23:16
◼
►
Their mission is to keep working
00:23:19
◼
►
until no child dies from cancer.
00:23:21
◼
►
With your support, we'll be one step closer to that day.
00:23:24
◼
►
One cure closer, one child closer.
00:23:28
◼
►
So we, over the last five years,
00:23:31
◼
►
have raised $2.2 million for the kids of St. Jude.
00:23:36
◼
►
- Which is an incredible thing to achieve,
00:23:40
◼
►
and I think is an even more incredible thing to achieve
00:23:43
◼
►
considering the size of our community.
00:23:45
◼
►
It is an absolutely obscene amount of money.
00:23:49
◼
►
- And we've already started very strong.
00:23:52
◼
►
We're actually recording this episode
00:23:54
◼
►
on the last day of August,
00:23:55
◼
►
and we've passed $100,000.
00:23:57
◼
►
- Yeah, I was just loading it up,
00:23:59
◼
►
and it just flipped over to $103,000 raised,
00:24:03
◼
►
and you started how many days ago?
00:24:06
◼
►
- On Monday, so like three or four days ago.
00:24:09
◼
►
- Every year, like you said, it's incredible
00:24:12
◼
►
just how generous all the listeners are with this
00:24:16
◼
►
as a donation.
00:24:17
◼
►
Every year I'm shocked by the results.
00:24:20
◼
►
- And it's incredible.
00:24:22
◼
►
The generosity is so incredible of people,
00:24:25
◼
►
and I think it works.
00:24:27
◼
►
This is a charity that does incredible stuff,
00:24:29
◼
►
and we have such a personal connection to it.
00:24:32
◼
►
We've mentioned this before,
00:24:33
◼
►
but my co-founder Stephen, his son Josiah,
00:24:36
◼
►
Josiah's life was saved by St. Jude.
00:24:39
◼
►
He was born with a brain tumor,
00:24:40
◼
►
and without the work of St. Jude,
00:24:43
◼
►
we don't know what would have happened.
00:24:45
◼
►
St. Jude is an incredible place,
00:24:48
◼
►
and they looked after Josiah
00:24:50
◼
►
the same way that they look after hundreds,
00:24:53
◼
►
thousands of children, and they beat these cancers.
00:24:57
◼
►
They beat these life-threatening diseases.
00:25:00
◼
►
When St. Jude was established,
00:25:02
◼
►
it was opened in 1962,
00:25:04
◼
►
at that time, childhood cancer was considered
00:25:08
◼
►
to be basically an incurable thing,
00:25:10
◼
►
cancer in general, but especially childhood cancer,
00:25:12
◼
►
and the treatments that have been developed at St. Jude
00:25:16
◼
►
have helped to push the cancer survival rate
00:25:19
◼
►
from 20% in children to more than 80% in the years
00:25:24
◼
►
that it's been open, in the 60 years
00:25:25
◼
►
that St. Jude's been around.
00:25:27
◼
►
But look, as with all of these things,
00:25:29
◼
►
I mean, let's be real.
00:25:30
◼
►
What about the other 20, right?
00:25:31
◼
►
80% is not enough.
00:25:33
◼
►
It needs to be 100%.
00:25:34
◼
►
Pediatric cancer is still the leading cause
00:25:38
◼
►
of death by disease among US children,
00:25:41
◼
►
aged 14 years and younger,
00:25:43
◼
►
and it's worse in other countries
00:25:44
◼
►
all around the world too,
00:25:45
◼
►
and that is something about St. Jude.
00:25:48
◼
►
St. Jude is a hospital in Memphis, Tennessee.
00:25:50
◼
►
Just so happens to be where Steven and his family are from.
00:25:53
◼
►
Just complete luck, really.
00:25:55
◼
►
But while they are an institution in Memphis, Tennessee,
00:25:58
◼
►
which is both a research hospital,
00:26:00
◼
►
so they treat children there,
00:26:01
◼
►
but they also research these diseases,
00:26:04
◼
►
they share that work with the world.
00:26:06
◼
►
They care for patients from all over the world.
00:26:10
◼
►
That's the thing that they do,
00:26:11
◼
►
and also none of these families
00:26:14
◼
►
ever receive a bill from St. Jude.
00:26:16
◼
►
They cover housing, travel, food, and treatment,
00:26:20
◼
►
so families can just focus on making sure
00:26:23
◼
►
that their child can be as happy as they can be
00:26:25
◼
►
and that their child can live.
00:26:27
◼
►
That is what they are focused on,
00:26:28
◼
►
and all the time, they are learning more
00:26:31
◼
►
about childhood cancer.
00:26:32
◼
►
They are learning more about other life-threatening diseases,
00:26:35
◼
►
and they share this information with the world.
00:26:37
◼
►
This cutting-edge research that they have,
00:26:40
◼
►
they share the results of it,
00:26:41
◼
►
and every year, I get to speak to different doctors
00:26:45
◼
►
and researchers in the all-around St. Jude institution,
00:26:49
◼
►
and I'm always blown away by the depths
00:26:52
◼
►
that they are going to to try and understand stuff.
00:26:55
◼
►
Last year, I spoke to a neuroscientist, I think,
00:26:59
◼
►
would be the phrase, who works at St. Jude,
00:27:02
◼
►
and they were looking into what can they understand
00:27:06
◼
►
about the brain and is there some kind of link
00:27:09
◼
►
between something going on in the brain
00:27:10
◼
►
and cancer cells being developed.
00:27:12
◼
►
They come at this from every single possible angle,
00:27:15
◼
►
and that's how they have these breakthroughs there,
00:27:17
◼
►
but all of that work, both treating the children
00:27:22
◼
►
that are there and working on the research
00:27:25
◼
►
to push this stuff forward, it takes time, effort,
00:27:29
◼
►
and most importantly, money.
00:27:31
◼
►
And St. Jude, they are donor-led, they're donor-focused,
00:27:34
◼
►
right, like that's how this stuff is all paid for.
00:27:37
◼
►
It is by the generosity of people like our listeners
00:27:41
◼
►
who have donated now millions of dollars
00:27:44
◼
►
to help the kids at St. Jude.
00:27:45
◼
►
- Yeah, this is the kind of thing that it's worth funding.
00:27:50
◼
►
The thing to me that is always very impressive
00:27:52
◼
►
is just how they share their results.
00:27:55
◼
►
That to me is one of the biggest things here.
00:27:58
◼
►
This is not medical research that is going to be locked away,
00:28:02
◼
►
it's not proprietary.
00:28:04
◼
►
What they can figure out to make things better for kids,
00:28:07
◼
►
they are sharing, and I think that's just fantastic
00:28:10
◼
►
as an organization.
00:28:11
◼
►
- Give a little bit of information about that.
00:28:13
◼
►
In 2018, St. Jude became the first and only
00:28:16
◼
►
World Health Organization collaborating center
00:28:18
◼
►
for childhood cancer.
00:28:20
◼
►
The goal of this initiative is to raise the survival rate
00:28:23
◼
►
of the six common childhood cancers to 60% by 2030.
00:28:27
◼
►
They have 280 partners as part of their St. Jude Global
00:28:31
◼
►
initiative as well, it represents more than 70 countries
00:28:34
◼
►
and growing, so they can share their research out everywhere.
00:28:38
◼
►
They want to put this out around the world.
00:28:40
◼
►
And also, if you think about it, for a research institution,
00:28:44
◼
►
the more information they can find out, the better.
00:28:47
◼
►
But for us at Real AFM, it just so happens to be
00:28:52
◼
►
in the company's backyard.
00:28:54
◼
►
And so it is the absolute, for every single reason,
00:28:57
◼
►
perfect charity for us to turn our attention to every year.
00:29:01
◼
►
We are so incredibly grateful for the generosity
00:29:03
◼
►
that the community has shown over the last five years.
00:29:05
◼
►
We are asking, once again, for you to support
00:29:09
◼
►
the life-saving mission of St. Jude.
00:29:10
◼
►
We are aiming this year to push our overall amount raised
00:29:16
◼
►
to over $2.5 million.
00:29:17
◼
►
That's where our goal is right now.
00:29:19
◼
►
If we hit the goal that we've set, which is just under $300,000,
00:29:22
◼
►
we will have passed $2.5 million together.
00:29:26
◼
►
But obviously, we want it to go even further.
00:29:28
◼
►
Please go to stjude.org/relay.
00:29:32
◼
►
If you make a donation of your own, if you donate $60 or more,
00:29:34
◼
►
we will send out some digital stuff to you,
00:29:36
◼
►
wallpapers and screensavers, if you donate $100 or more,
00:29:39
◼
►
we send out stickers.
00:29:41
◼
►
But you can also set up to fundraise.
00:29:43
◼
►
This is one of the ways that you can do something also
00:29:46
◼
►
to get even more money.
00:29:48
◼
►
Like if you can't afford it, or you can only afford
00:29:50
◼
►
a small amount, you could set up a fundraising campaign
00:29:52
◼
►
of your own.
00:29:53
◼
►
You could talk to your friends, your family,
00:29:55
◼
►
your own community, and raise more money for the kids
00:29:58
◼
►
of St. Jude that way.
00:29:59
◼
►
Fundraisers who raise at least $1 will receive a challenge coin.
00:30:03
◼
►
Fundraisers who raised $250 or more receive this desk mat
00:30:07
◼
►
with just the most incredible design.
00:30:09
◼
►
It's so good.
00:30:10
◼
►
You can go to stjude.org/relay.
00:30:13
◼
►
You can see these designs there, and you can also find out more.
00:30:16
◼
►
If you make a donation and you work at a large company,
00:30:19
◼
►
please click the search employer button on the donation summary page.
00:30:23
◼
►
You can then do a check to see if your employer offers
00:30:25
◼
►
a matching gift program.
00:30:27
◼
►
If they do, you'll get emailed some information about how
00:30:30
◼
►
to have the match credited.
00:30:31
◼
►
Basically, this means in a lot of instances, your donation
00:30:34
◼
►
could be doubled by your employer.
00:30:36
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So please check that because you can make your donation
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►
go even further.
00:30:40
◼
►
Please go to stjude.org/relay to learn more and donate today.
00:30:45
◼
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St. Jude won't stop until no child dies from cancer.
00:30:48
◼
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With your support, we'll be one step closer to that day.
00:30:52
◼
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One cure closer, one child closer.
00:30:54
◼
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This month and every month, let's cure childhood cancer together.
00:31:00
◼
►
So you mentioned as part of your High on Grey,
00:31:04
◼
►
I Managed Spreadsheets discussion earlier,
00:31:06
◼
►
that you took a business book on your Greycation?
00:31:11
◼
►
I took the book I mentioned before, Mike.
00:31:12
◼
►
I took Understanding Variation,
00:31:14
◼
►
The Key to Managing Chaos by Donald J Wheeler.
00:31:18
◼
►
The classic.
00:31:18
◼
►
Okay, so for context, this was the book that you were referencing
00:31:27
◼
►
a little while ago.
00:31:27
◼
►
We spoke about it on the show where me and you were having
00:31:30
◼
►
a conversation and I just didn't understand any of the words
00:31:34
◼
►
you were saying, but it was all about like logistics management.
00:31:39
◼
►
So I picked up this book because my goal was I wanted to read
00:31:43
◼
►
what mathematical tools do people in business use?
00:31:47
◼
►
Because as head of logistics, like this is now my responsibility
00:31:51
◼
►
and instead of just playing around with spreadsheets,
00:31:55
◼
►
with some of my like old physics stuff, it's like,
00:31:57
◼
►
let me see how business people do this.
00:31:59
◼
►
I can't remember how, but I somehow stumbled upon this book
00:32:01
◼
►
as like a place to start.
00:32:03
◼
►
And we sort of mentioned it a while ago and I started reading it.
00:32:07
◼
►
I implemented some of the things and then I was like,
00:32:09
◼
►
you know what, I want to make sure I finish this.
00:32:10
◼
►
So I did bring it on the trip and I did.
00:32:11
◼
►
My only recreational reading on the entire two and a half weeks
00:32:16
◼
►
was this book, I guess.
00:32:17
◼
►
And I was like, oh, we should make like a Cortex book club out of this, right?
00:32:22
◼
►
Like this totally makes it.
00:32:23
◼
►
And then I thought, I can't do that to Mike.
00:32:25
◼
►
I'm not going to make Mike read this book.
00:32:28
◼
►
Let me tell you, I want to just let you know right now.
00:32:30
◼
►
That wasn't going to happen.
00:32:31
◼
►
No, because I just know I wouldn't have been able to do it.
00:32:34
◼
►
Okay. All right.
00:32:35
◼
►
So that just was never really on the table.
00:32:36
◼
►
No, because I mean, like I could have tried.
00:32:38
◼
►
Like none of the information is going to stick in my head.
00:32:41
◼
►
You know, it would have been,
00:32:42
◼
►
I feel like it would have just been a wasted book club.
00:32:44
◼
►
Yeah. I mean, but like I sent you the one joke that was in the book
00:32:46
◼
►
and you enjoyed that part.
00:32:47
◼
►
I did enjoy that, but I feel like maybe that was the only part
00:32:51
◼
►
I would have enjoyed.
00:32:52
◼
►
Can you explain what like roughly what that was?
00:32:55
◼
►
Because it is kind of a very strange thing to put in a book like this, I think.
00:32:59
◼
►
I'll tell the joke in a second.
00:33:00
◼
►
But here was my pitch, right?
00:33:02
◼
►
I was thinking like, I like this book.
00:33:04
◼
►
We have a show.
00:33:05
◼
►
We talk about business stuff.
00:33:06
◼
►
Like this is now part of it.
00:33:08
◼
►
I was like, we should do it as a Cortex book club.
00:33:09
◼
►
I can't subject Mike, my friend to that.
00:33:13
◼
►
That would just be cruel.
00:33:14
◼
►
And like, that would be no good.
00:33:16
◼
►
So what I wanted to do is I just wanted to give like a super quick
00:33:19
◼
►
kind of mini one-sided Cortex book club just on this book
00:33:25
◼
►
that I read of like, so it just didn't hang as a thing that we mentioned
00:33:28
◼
►
and kind of never came back.
00:33:29
◼
►
So I just, I kind of wanted to run through like, I think this actually is useful
00:33:35
◼
►
for people with small businesses.
00:33:36
◼
►
And I just kind of wanted to do like, here's some key parts for this.
00:33:40
◼
►
But the thing that I sent to Mike, there's this kind of effect, right?
00:33:44
◼
►
Like you're reading a book.
00:33:45
◼
►
It's very dry.
00:33:47
◼
►
I don't know how to even explain this.
00:33:49
◼
►
This really looks like the kind of book that was written on a typewriter.
00:33:52
◼
►
I don't know if that's true, but somehow it just like gives me that feeling.
00:33:55
◼
►
It's a very mathy kind of book.
00:33:57
◼
►
But then sometimes like, there's just like a little bit of a joke in a way.
00:34:03
◼
►
And so there's like this book, it's running you through a bunch of examples
00:34:07
◼
►
of like, here's how to analyze this data from this business.
00:34:10
◼
►
And then all of a sudden, like a third of the way in, the author,
00:34:15
◼
►
he just makes this comment.
00:34:16
◼
►
He's like, oh, here, take a look at this figure for pounds scrapped in July
00:34:20
◼
►
for this company.
00:34:22
◼
►
And then he says, do these comparisons answer all of your questions
00:34:25
◼
►
about the scrap levels in this process?
00:34:27
◼
►
Are you ready to go on to some other line in the monthly report?
00:34:32
◼
►
Surely this must be enough.
00:34:34
◼
►
And then you're like, a few pages later in the book, he picks it up with like,
00:34:38
◼
►
did you feel satisfied with the treatment of the scrapped pounds data given on page 73?
00:34:45
◼
►
If you did, you should skip this section.
00:34:47
◼
►
In fact, you might as well skip the rest of the book.
00:34:51
◼
►
You have a terminal case of numerical illiteracy.
00:34:55
◼
►
- What is wrong?
00:34:56
◼
►
Who hurt this guy?
00:34:57
◼
►
- I thought it was like, I took it as a very funny joke in a way,
00:35:03
◼
►
because it's like, no one on earth who is reading this book
00:35:08
◼
►
is going to be the person with the case of like terminal illiteracy, right?
00:35:11
◼
►
Like he waits until you're like, well into this very boring book
00:35:16
◼
►
to drop a little thing and then be like, oh, hey, this chart,
00:35:20
◼
►
are you happy with this chart?
00:35:21
◼
►
We'll just come back to that later.
00:35:23
◼
►
And then he's like, hey, remember that chart?
00:35:25
◼
►
You weren't happy at all, right?
00:35:26
◼
►
Of course you weren't.
00:35:27
◼
►
Like now let's go into why you shouldn't be happy with this.
00:35:30
◼
►
But it's just like such a weird tone shift in the middle of what is otherwise
00:35:34
◼
►
like incredibly dry writing.
00:35:36
◼
►
- No, but you see, that is funny, right?
00:35:38
◼
►
But like, if I put it through the lens of a Cortex book club book,
00:35:42
◼
►
that's the part where I would have broken the camel's back for me.
00:35:45
◼
►
- Yeah, no, no.
00:35:46
◼
►
- That would have been furious if you were being forced to read this.
00:35:50
◼
►
To be like, oh, so you just made me read this whole thing and it was pointless?
00:35:55
◼
►
Like can you imagine, like, oh, like just this chapter or whatever, right?
00:35:59
◼
►
Oh, you're reading this information, okay.
00:36:01
◼
►
- This guy literally wastes the reader's time, right?
00:36:04
◼
►
Like 100% he is doing that just to prove a point to like, I don't know, Jim or something.
00:36:10
◼
►
You know, I imagine this is solely focused on an individual in his life that did this.
00:36:18
◼
►
It is a little bit like the thinking fast and slow thing where he's like,
00:36:21
◼
►
hey, why don't you solve this problem?
00:36:23
◼
►
And then like, oh, actually, right?
00:36:25
◼
►
That was impossible to solve.
00:36:27
◼
►
- Ha ha, you fell into my logic puzzle, you know?
00:36:29
◼
►
- Did you think that person was a banker?
00:36:32
◼
►
You're wrong for dumb reasons.
00:36:33
◼
►
It's like, yeah, great, thank you.
00:36:35
◼
►
What I particularly love, what really like charmed me about this little interlude from the guy.
00:36:40
◼
►
So he does this thing about like, you know, you turn a little numerolosy, whatever.
00:36:43
◼
►
But then he says like, for all of you who felt a bit cheated by that previous graph,
00:36:48
◼
►
like let's go on to analyze the data in a more satisfying way.
00:36:52
◼
►
When I was reading the book, I genuinely did have the experience of like,
00:36:55
◼
►
I do feel cheated by that report of monthly scrapped pounds in July.
00:37:00
◼
►
Like that is not an adequate data table at all.
00:37:03
◼
►
I would like to continue the story, please.
00:37:05
◼
►
So yeah, this is like a very weird book to have read,
00:37:09
◼
►
but I genuinely really liked it and I found it super useful.
00:37:12
◼
►
Basically, here's my little summary of what this is.
00:37:16
◼
►
And if like, if anybody listening runs a small business and you either deal with inventory,
00:37:24
◼
►
or you have some kind of quality control issue where it's like, okay,
00:37:28
◼
►
you need to make sure that there's not a certain number of errors,
00:37:30
◼
►
you know, higher than every hundred or whatever.
00:37:32
◼
►
I think this book is totally worth reading and looking through
00:37:37
◼
►
if you're not really using anything to track this kind of stuff.
00:37:41
◼
►
What do you mean if you're not using something to track it?
00:37:44
◼
►
Is you saying the idea of like, this will help you establish something so you could track it?
00:37:49
◼
►
Yeah, so you have a problem.
00:37:51
◼
►
The problem that we had is we were just kind of guessing about how much stock to buy
00:37:58
◼
►
every time we had to make an order.
00:37:59
◼
►
We were doing the thing of like, oh, this number of theme system journals is low.
00:38:03
◼
►
And then we like lick our thumb and hold it up to the wind and go like,
00:38:07
◼
►
"I don't know, how many more should we buy? What does it feel like?"
00:38:10
◼
►
Well, Mike would say he used his gut, but that isn't a good way to make decisions.
00:38:13
◼
►
But that was what I was doing.
00:38:15
◼
►
You know, like I felt like there was some knowledge going there,
00:38:17
◼
►
but it wasn't actual math of any kind.
00:38:19
◼
►
Yeah, exactly.
00:38:20
◼
►
And tons of businesses, just like ours, can get by on like gut decisions for a really long time.
00:38:29
◼
►
So I think this is like a good book if you're in that position.
00:38:33
◼
►
Like you've been doing a thing, you've been kind of just like eyeballing it this whole time.
00:38:38
◼
►
But maybe you want to try to be a bit more rigorous about knowing exactly what you need to buy.
00:38:45
◼
►
Or again, a lot of his examples are in the— they're not as relevant for us,
00:38:49
◼
►
but it's in the case of like errors per widget kind of problems that you're dealing with.
00:38:55
◼
►
And so like, how do you track this?
00:38:56
◼
►
And the basic concept is what he calls a process control chart,
00:39:02
◼
►
which that's where this title comes from.
00:39:04
◼
►
Like the key to managing chaos, right?
00:39:06
◼
►
The idea is you want to try to get all of your systems under control.
00:39:11
◼
►
And by this, he's talking about statistical control.
00:39:13
◼
►
And really, what you're just doing is say, take whatever data you have.
00:39:18
◼
►
In our case, it's like notebooks sold per day, you track them by time,
00:39:23
◼
►
and you just make a little graph over time that shows you what is the average result.
00:39:30
◼
►
And he walks through some steps of how to create a little line on that graph.
00:39:36
◼
►
Which basically is a line where you can say,
00:39:39
◼
►
"Hey, if your daily numbers ever cross this line, something very different has happened."
00:39:46
◼
►
And you need to investigate what that different thing is.
00:39:51
◼
►
This is like unlocking a thing that I've just been hearing from you a lot recently,
00:39:55
◼
►
which is these kinds of ideas of like,
00:39:58
◼
►
"Oh, we need to make this change or do this or analyze this or test this."
00:40:04
◼
►
Because the graph changed.
00:40:06
◼
►
Like you keep referencing like, language is different,
00:40:10
◼
►
but like, there has been a statistical outlier here.
00:40:14
◼
►
And we need to look into that.
00:40:16
◼
►
So one of the points he makes in the book, which I think is really good,
00:40:19
◼
►
is everyone just kind of underestimates how random things can be in life.
00:40:28
◼
►
And so this is one of the things that we deal with in our business is our data.
00:40:32
◼
►
In physics, you would say that the data is very noisy.
00:40:35
◼
►
But what I mean by that is the daily sales can vary a lot for just like,
00:40:39
◼
►
totally inscrutable reasons, right?
00:40:41
◼
►
We have days where it's like, "Oh, we sold four times as many as the day before."
00:40:45
◼
►
No idea, right?
00:40:46
◼
►
Oh, we sold none today.
00:40:49
◼
►
It's very strange.
00:40:51
◼
►
Or like we referenced Saturdays before,
00:40:54
◼
►
but now Saturdays in the last couple of weeks have been fine and Sundays have been a problem.
00:40:58
◼
►
I swear to, like, this is one of these things.
00:41:00
◼
►
I swear to God, it's like the universe heard us talk
00:41:04
◼
►
and heard us that we figured out that Saturday was a bad sales day.
00:41:09
◼
►
And like, ever since that episode, Saturday sales have gone up.
00:41:13
◼
►
I mean, the thing here that I've considered is maybe it's not the universe.
00:41:16
◼
►
Maybe it's just literally our listeners.
00:41:19
◼
►
Yeah, it could be that.
00:41:20
◼
►
Like, it's not the universe.
00:41:21
◼
►
Like, there are people that heard us say it.
00:41:23
◼
►
And maybe they're like, "Oh, I want to buy a thesis in journal."
00:41:26
◼
►
"Oh, I'll get it on Saturday instead."
00:41:29
◼
►
Just like mess up the chart for great.
00:41:32
◼
►
So in computer science, you'd call that an adversarial situation, right?
00:41:35
◼
►
You're trying to figure out a pattern and there is an adversary working against you
00:41:38
◼
►
trying to figure out the pattern.
00:41:39
◼
►
Most businesses don't have to deal with that as an issue.
00:41:42
◼
►
I was just filling in some of the sales data yesterday and it's like, "Oh."
00:41:48
◼
►
On that note, a thing that you've filled in the chart.
00:41:52
◼
►
I was very surprised the other day.
00:41:54
◼
►
I opened our spreadsheet and was like, "Hang on a minute.
00:41:57
◼
►
The numbers are already in here."
00:41:58
◼
►
I was very confused about this because I put the numbers in and you put the numbers in.
00:42:04
◼
►
This was very strange to me.
00:42:05
◼
►
Mike gave me the back-end login where some of the data has been locked away from me.
00:42:11
◼
►
And so, of course, I'm going to obsessively check that information.
00:42:16
◼
►
The difference was, like, you could have always logged into the cotton bureau and got the
00:42:19
◼
►
information, but you just never asked for the login information.
00:42:23
◼
►
But we have recently set up a team one password.
00:42:25
◼
►
So now you do have it whether you asked for it or not.
00:42:28
◼
►
I was never keeping it from you.
00:42:30
◼
►
However, there is a thing which does make me nervous, which is like, you could just
00:42:34
◼
►
delete the products now.
00:42:35
◼
►
I'm not saying you would.
00:42:37
◼
►
Yeah, obviously.
00:42:38
◼
►
I get it, though.
00:42:39
◼
►
Whenever you start sharing information with other people for the dashboard that controls
00:42:44
◼
►
everything, it's very nervous, no matter how much you trust the person.
00:42:46
◼
►
Because it's like, I've used this stuff for ages and I've never explained anything to
00:42:51
◼
►
you and I've seen the system grow and I know how to use it.
00:42:54
◼
►
And now you're using it and it's like, "Oh, God."
00:42:56
◼
►
I know you can, but also, it's terrifying.
00:43:00
◼
►
Well, Mike, you never have to worry because I am only obsessively interested in one thing,
00:43:07
◼
►
which is completing the spreadsheet.
00:43:10
◼
►
That's true.
00:43:11
◼
►
But this is good, though, because now I don't need to fill in the data in the spreadsheet.
00:43:14
◼
►
Yes, I guarantee you I will always fill that in sooner than you will fill that in because
00:43:18
◼
►
I'm just like desperate to get the logistical updates.
00:43:21
◼
►
Yeah, I did wonder sometimes.
00:43:23
◼
►
I'm surprised you haven't asked sooner because sometimes I'd open a spreadsheet and be like,
00:43:26
◼
►
"Oh, I haven't been here in a week."
00:43:27
◼
►
And there was also a part of me that's like, "How does Gray feel about that?
00:43:31
◼
►
Would he have liked it to have been quicker?"
00:43:34
◼
►
Because I feel like every time I open the spreadsheet, there's always a note that Gray
00:43:39
◼
►
has made a change.
00:43:41
◼
►
Every single time I open the spreadsheet, it's like, there have been changes to the
00:43:45
◼
►
spreadsheet.
00:43:46
◼
►
And I learned a long time ago that there was no point in me checking those because I didn't
00:43:50
◼
►
understand what was happening.
00:43:52
◼
►
It was all formula and stuff.
00:43:54
◼
►
But that was always funny to me.
00:43:56
◼
►
And I would think, "Oh, am I..."
00:43:59
◼
►
I try and do it every few days or whatever, but sometimes a week might go by.
00:44:02
◼
►
And I was always this thing in the back of my mind.
00:44:04
◼
►
I'm like, "Is he opening it every day?"
00:44:05
◼
►
And it's like, "There's no new data in here."
00:44:07
◼
►
But now you can do it yourself.
00:44:09
◼
►
I will not tell you how often I checked that spreadsheet to see if you had updated things.
00:44:13
◼
►
I will just say it was one of my prouder social restraint moments of, "Gray, don't harass
00:44:23
◼
►
Mike about this."
00:44:24
◼
►
The frequency that he updates the data for our decision-making process is fine.
00:44:30
◼
►
Like, your obsessive weirdness about wanting up-to-the-minute data does not change any
00:44:37
◼
►
decision Mike has to make.
00:44:39
◼
►
So don't ask him.
00:44:40
◼
►
So that's what I told myself at numerous times of like, "Don't bother Mike about this.
00:44:44
◼
►
This is not relevant."
00:44:45
◼
►
Well, you have a 100% success rate.
00:44:48
◼
►
You've never asked me.
00:44:49
◼
►
So that is good.
00:44:51
◼
►
I'm very pleased with myself for that.
00:44:52
◼
►
I'm not going to lie.
00:44:53
◼
►
It was quite hard sometimes.
00:44:54
◼
►
You deserve the commendation for it because I understand it.
00:44:57
◼
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Because I mean, I guess this is maybe somewhat frustrating for you.
00:45:01
◼
►
I check the data a couple of times a day.
00:45:04
◼
►
Like, I look to see what the sales are, mostly on the Sidekick notepad, like, once or twice
00:45:10
◼
►
Like, it's a tab that I have open in Safari.
00:45:12
◼
►
But I don't then take that information and put it in there.
00:45:15
◼
►
Because it's also like-
00:45:16
◼
►
Boy, I'm glad you didn't tell me that.
00:45:17
◼
►
I'm glad I didn't know that.
00:45:18
◼
►
But it's also because it's not helpful, right?
00:45:21
◼
►
Because like, to me, it's like, "Well, it's only
00:45:23
◼
►
helpful for me to put the information in when the day is completed."
00:45:26
◼
►
And so like, I would just do it every two or three days, maybe?
00:45:30
◼
►
But that is funny.
00:45:31
◼
►
It's like, yeah, I mean, I do check the information frequently, but there was just nothing I could
00:45:36
◼
►
do with the spreadsheet.
00:45:37
◼
►
So I'll just leave that there for a little while.
00:45:39
◼
►
This episode of Cortex is brought to you by Memberful.
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Our thanks to Memberful for their support of this show and Relay FM.
00:47:44
◼
►
I do have this weird thing of like, I never quite know what I should tell you and what
00:47:48
◼
►
I shouldn't tell you, and I really want to try to not overwhelm you with like everything
00:47:53
◼
►
that's happening because it just doesn't matter.
00:47:54
◼
►
We have a similar thing here, right?
00:47:57
◼
►
Like you don't try and give me too much information about the sales tracking and the inventory
00:48:03
◼
►
tracking, and I don't give you too much information about the product design process.
00:48:09
◼
►
I'm talking to manufacturers and our partners a lot, but I'm not giving you all of the information.
00:48:14
◼
►
You find out when there is a critical thing that needs to be discussed.
00:48:18
◼
►
Part of what this book is kind of getting at, in a way, I can translate as, how do you know
00:48:25
◼
►
when something is critical?
00:48:27
◼
►
So like, how do you know when there is something that you need to discuss with your business
00:48:32
◼
►
partner about this, right?
00:48:34
◼
►
If you're running a business and you have this kind of division, one of you is like
00:48:37
◼
►
the backend math person and the other person is like the front end person and dealing with
00:48:42
◼
►
other things.
00:48:42
◼
►
Like, how do you know when you need to discuss things with the other person?
00:48:45
◼
►
And this is what I was saying before about the data can be really variable on any particular
00:48:53
◼
►
I think we have an unusually spiky business.
00:48:55
◼
►
I think that's a byproduct of both doing this show and it kind of being a business that's
00:49:01
◼
►
on the internet.
00:49:02
◼
►
So I think there's more things that can just randomly affect sales.
00:49:06
◼
►
So the real question is, how do you answer a question like, say one of our products has
00:49:11
◼
►
zero sales on a day and then it has zero sales again.
00:49:15
◼
►
Two days in a row, is that something to worry about or is that within the realm of chance?
00:49:20
◼
►
Or on the flip side of it, right?
00:49:23
◼
►
If you have like, oh, sales have doubled one day and then they're still doubled again
00:49:28
◼
►
the next day, has something changed or is this just two spikes in a row that are next
00:49:34
◼
►
to each other?
00:49:35
◼
►
Like, it's not easy to know the answer to that, especially when, like, as we have discovered,
00:49:39
◼
►
tracking down spikes is just totally pointless.
00:49:42
◼
►
Like, unless it's very obvious, you're never going to know why there were more sales on
00:49:45
◼
►
one day than another.
00:49:46
◼
►
The big idea in this book is making these process control charts that are trying to
00:49:53
◼
►
tell you when do you need to worry.
00:49:55
◼
►
Or on the flip side, if you've done something in your business, how do you know that it
00:50:02
◼
►
actually had an effect?
00:50:04
◼
►
So, for example, if you start running an advertising campaign, it's like, oh, if you run Facebook
00:50:10
◼
►
ads, Facebook's probably going to always lean on the side of like, hey, these ads were great,
00:50:14
◼
►
you should spend more.
00:50:15
◼
►
How do you know independently how effective was that actually so that you're just not
00:50:21
◼
►
relying on that other entity?
00:50:22
◼
►
Or if you're doing advertising, but it's more along the lines of something like brand
00:50:26
◼
►
recognition, how do you know if it's actually effective?
00:50:30
◼
►
And so Tunnel J Wheeler, with these process control charts, has a kind of cute way of
00:50:37
◼
►
answering two of these questions.
00:50:39
◼
►
And so one of the things is, it's like, okay, so you put your data on a chart, you know,
00:50:45
◼
►
you take sales every day, you measure it, and you calculate the average value, and you
00:50:52
◼
►
draw that line on the chart.
00:50:54
◼
►
So it's like, oh, average daily sales is 10 units.
00:50:59
◼
►
And a really quick way to know if something has changed is if you have six days in a row
00:51:08
◼
►
that are above or below that average line.
00:51:12
◼
►
There's a bunch of math behind this that doesn't matter, but it works out to if you
00:51:16
◼
►
have six days in a row that are above or below the line, the chances of that happening just
00:51:22
◼
►
randomly are less than 1%, or maybe they're about 1%.
00:51:26
◼
►
Six is like the magic number here.
00:51:29
◼
►
Yeah, so this is where, again, if I'm trying to think of something like, when should I
00:51:34
◼
►
bring up something to Mike, right?
00:51:36
◼
►
If I see we have six days in a row where sales are below average, I can be 99% certain that
00:51:46
◼
►
this isn't just an unlucky run, something has happened.
00:51:50
◼
►
And so that's an indication of like, is there something broken on the website so that sales
00:51:55
◼
►
aren't going through?
00:51:56
◼
►
Is there something weird that's occurred that has happened?
00:51:59
◼
►
It's an indication to start looking into things.
00:52:02
◼
►
And conversely, if you have six days in a row where sales go up, it means something has
00:52:11
◼
►
probably changed.
00:52:12
◼
►
So we have an example for this, which is that we've just integrated Cotton Bureau into
00:52:17
◼
►
both of our YouTube channels.
00:52:18
◼
►
So if someone goes to watch one of our YouTube videos, either on my channel or on the Cortex
00:52:24
◼
►
channel, below that, sometimes YouTube will show people, "Hey, there's notebooks for
00:52:30
◼
►
sale" or "there's a pen for sale, you might want to check it out."
00:52:33
◼
►
And so we just did this like four days ago, but I could see already like, "Oh, average
00:52:39
◼
►
sales are up for all of those four days."
00:52:42
◼
►
It's not six days, but at this point, I'm very certain like we're going to have two
00:52:47
◼
►
more days of above average sales.
00:52:49
◼
►
And then that's an indication of like, something happened that was a material change with a
00:52:55
◼
►
99% certainty that this is not just random.
00:52:59
◼
►
You integrating this thing has had a material effect on the sales.
00:53:04
◼
►
And this is how you actually know.
00:53:06
◼
►
That in some sense is a very simple tool, like just graph your data and put a little
00:53:12
◼
►
average line on it.
00:53:14
◼
►
And you're looking for runs of six above and below.
00:53:17
◼
►
But even for someone like me who has a really math background, the way that I had originally
00:53:22
◼
►
set up our spreadsheets to try to track stuff, didn't have that as a like visually obvious
00:53:28
◼
►
part of what was going on.
00:53:30
◼
►
I was analyzing a bunch of statistics about the data to try to manage our inventory, but
00:53:35
◼
►
I didn't just have a line of like sales and the average line that goes along here.
00:53:41
◼
►
And there's a second part, which is sometimes something happens that's so extreme, you can
00:53:47
◼
►
know right away on that day for sure something has happened.
00:53:53
◼
►
And in the book, he tells you how to calculate this, but there's a line that you can draw
00:53:58
◼
►
for people who know about standard deviation, it's three times the standard deviation, you
00:54:02
◼
►
can draw a line that's significantly above your average.
00:54:06
◼
►
And if on any particular day the sales like cross that line, or like errors per hundred
00:54:14
◼
►
units cross that line, you know something happened that day, you don't need to wait
00:54:21
◼
►
to try to figure out what else it is.
00:54:23
◼
►
This again is like a really interesting thing from our perspective, because when I first
00:54:28
◼
►
started doing this kind of stuff, and I didn't have this tool available, from my perspective,
00:54:34
◼
►
I know you think about this slightly differently, but from my perspective, I caused a mistake
00:54:40
◼
►
in our business, because we had had an article written about the sidekick in Inc. magazine,
00:54:48
◼
►
and that article caused a huge spike in sales.
00:54:54
◼
►
And on a process control chart, this thing showed up as like six times higher than the
00:55:01
◼
►
standard deviation line.
00:55:02
◼
►
Like it's just enormous, like you know immediately like something happened that is way out of
00:55:08
◼
►
the ordinary, but because of the way that I was analyzing the data, that spike was just
00:55:14
◼
►
getting turned into like what are our average daily sales numbers?
00:55:19
◼
►
And so I was doing this thing of like very badly overestimating our average daily sales
00:55:24
◼
►
numbers, because I was less aware of this spike than I should have been, because of
00:55:28
◼
►
the way that I was looking at the data.
00:55:30
◼
►
And so we placed an order that was too high in terms of inventory.
00:55:37
◼
►
Now it didn't matter, sidekick sales were strong, and like it wasn't really a problem,
00:55:41
◼
►
but it was one of these cases of, oh, from my perspective as like head of logistics,
00:55:48
◼
►
I caused us to be temporarily overstocked because of the way that I was looking at the
00:55:54
◼
►
data, and I wasn't using this like very straightforward tool of a process control
00:56:00
◼
►
chart because it's just not something I had come across in the way that like I was trying
00:56:04
◼
►
to think about how to analyze this particular kind of data.
00:56:08
◼
►
I feel like this little book has been worth its weight in gold for just putting some charts
00:56:14
◼
►
on my spreadsheet to be able to look at the data, and I think it's basically two thumbs
00:56:20
◼
►
up recommend book for anyone who has a small business.
00:56:24
◼
►
Well again, because like you can hear someone talk about a thing, it's different to see
00:56:28
◼
►
someone work through an example, and also whenever you read a book, it's different
00:56:32
◼
►
to go through the details of how you're analyzing something.
00:56:36
◼
►
There are like actual examples in the book too, right?
00:56:38
◼
►
Which is like, you need that.
00:56:40
◼
►
Oh, and the other thing that I really just liked is a point which is also just kind of
00:56:43
◼
►
lines up to my overall philosophy of things of like trend lines matter more than goals.
00:56:48
◼
►
He also just makes the good point that a lot of businesses will like set goals that are
00:56:55
◼
►
basically based on nothing, and it causes a bunch of problems because your data is noisy
00:57:02
◼
►
or like the world is uncertain enough that it's just not possible to ever hit that goal.
00:57:07
◼
►
And so you just get end up in a weird position as a business where it's like, this is a goal
00:57:12
◼
►
that we want to try to achieve, right?
00:57:13
◼
►
We only want one error in a thousand, and it's like there's no technology on earth
00:57:16
◼
►
that can do that, but you don't know that at the start.
00:57:19
◼
►
So I really like this as a model for what you're trying to do is increase the frequency
00:57:26
◼
►
of like six day runs where you're very certain that something has happened.
00:57:30
◼
►
So I think all of this translates to our conversations.
00:57:34
◼
►
Like when I am talking to you about something, it is almost always because either on these
00:57:43
◼
►
process control charts or in some of the other methods that I'm doing, a thing has crossed
00:57:48
◼
►
what we call statistical significance.
00:57:51
◼
►
To be able to say, even with noisy data where random things happen all of the time, we can
00:57:57
◼
►
be very certain that this event is not random, that we can point to something that has caused
00:58:04
◼
►
this to happen, or we need to figure out what is the thing that has caused this to happen.
00:58:10
◼
►
So that's like when I bring stuff up to you.
00:58:12
◼
►
So anyway, that's my mini book review of Understanding Variation,
00:58:15
◼
►
The Key to Managing Chaos by Donald J Wheeler.
00:58:18
◼
►
- I'm very happy you read it.
00:58:19
◼
►
I'm very happy I didn't have to read it and that we just got to talk about it.
00:58:24
◼
►
- It was genuinely a delight to read.
00:58:27
◼
►
This episode is brought to you by Fitbod.
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01:00:22
◼
►
I want to talk about Substack.
01:00:24
◼
►
Oh, okay. Do you want to talk about this?
01:00:28
◼
►
Recently you moved your mailing list to a Substack mailing list.
01:00:32
◼
►
And I am really intrigued about what your business decision is for doing this.
01:00:41
◼
►
And also I think maybe I would like to still understand like in 2023,
01:00:48
◼
►
how important is an email newsletter?
01:00:52
◼
►
For you as a YouTuber.
01:00:54
◼
►
Because like Substack, right?
01:00:56
◼
►
Most people know Substack or I know Substack because like it is a platform for writers, right?
01:01:02
◼
►
It is a platform for journalists, storytellers to be able to create a monetized newsletter system
01:01:11
◼
►
that they can send out.
01:01:13
◼
►
And then there's also just like a whole ecosystem based around Substack.
01:01:18
◼
►
I guess kind of like a company Patreon is what I am talking about.
01:01:23
◼
►
Not like an individual in the sense of like Patreon is a thing that you have and you are
01:01:28
◼
►
like a Patreon creator, right?
01:01:30
◼
►
And you have your Patreon.
01:01:32
◼
►
But also Patreon is a platform that offers different tools and also like a front end
01:01:40
◼
►
So differently would be say what you were using before MailChimp, right?
01:01:46
◼
►
MailChimp is just a mechanism.
01:01:49
◼
►
There's no like I'm going to the MailChimp website and browsing different things to subscribe
01:01:56
◼
►
So like Substack has its own kind of like way of doing things.
01:01:59
◼
►
And I'm kind of intrigued to understand why you've moved to this and why you even still
01:02:07
◼
►
continue to be so focused on having a newsletter as a YouTuber primarily where you realistically
01:02:15
◼
►
just want people to subscribe to the YouTube channel.
01:02:16
◼
►
- Yeah, this is a little tricky to talk about because Substack is quite hard to categorize.
01:02:25
◼
►
I feel like Substack as a company and as a business and as a product, they're successfully
01:02:34
◼
►
walking a bunch of tight ropes where they sort of exist in between a whole bunch of
01:02:41
◼
►
And I first became aware of them existing because of I was inspired by you to use RSS
01:02:49
◼
►
more a couple years ago.
01:02:50
◼
►
Maybe it was for last year's theme.
01:02:52
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►
I can't quite remember anymore.
01:02:53
◼
►
And I was like, I want to try to make my internet more RSS based.
01:02:58
◼
►
And if you do that, it's like, okay, right, this is where I'm asking, hey, can you please
01:03:03
◼
►
recommend me blogs, right?
01:03:05
◼
►
Generic blogs I'm looking for.
01:03:07
◼
►
And if you're doing that kind of thing, you're going to stumble across Substack basically
01:03:11
◼
►
immediately.
01:03:12
◼
►
I want to say Substack is like single-handedly responsible for a kind of blogging renaissance
01:03:18
◼
►
in the past few years is the way it seems to me.
01:03:20
◼
►
- This is the issue here where it's like, I agree, but also don't.
01:03:27
◼
►
So Substack has a business need for them to be Substacks, not blogs.
01:03:36
◼
►
- Yeah, so, yeah.
01:03:39
◼
►
- Substack, the company, doesn't want them to be thought of as blogs, I assume.
01:03:43
◼
►
They want them to be Substacks.
01:03:45
◼
►
Like that's the name.
01:03:47
◼
►
- I don't know, I'm being semantic.
01:03:49
◼
►
- No, no, no, but the very reason like the semantics come up is what I was saying at
01:03:55
◼
►
It's like Substack just exists in an interesting place that makes it a little tricky to talk
01:03:59
◼
►
And when I say it's like single-handedly responsible for a kind of blogging renaissance,
01:04:05
◼
►
what I mean is there's motivation again for people to write on the internet, particularly
01:04:12
◼
►
to write long-form things.
01:04:13
◼
►
- And that's great that that exists.
01:04:15
◼
►
- Whereas for a long time, it was a kind of desert of writing on the internet.
01:04:22
◼
►
It just, if you wanted to make a living at it, it was extremely difficult to do.
01:04:27
◼
►
Whereas like, I have a business making YouTube videos because YouTube made it really easy
01:04:32
◼
►
to make a living as a successful video creator.
01:04:34
◼
►
It's like, they've got this whole platform, they can do a whole thing.
01:04:37
◼
►
If you wanted to just be a writer, it was really hard.
01:04:42
◼
►
And I think a lot of people who were talented writers for a number of years were putting
01:04:48
◼
►
their effort into other things like video, because that was where you could actually
01:04:53
◼
►
make a living at things, even if you didn't primarily want to do video.
01:04:56
◼
►
So for anyone who's not familiar, I would just say like Substack, someone can have a
01:05:01
◼
►
website that basically looks like a blog.
01:05:05
◼
►
They can have a bunch of articles and Substack provides a really easy way for that author
01:05:11
◼
►
to set up a paywall behind which they can put some or all of their content.
01:05:17
◼
►
That's what Substack does.
01:05:19
◼
►
And they just make it dead easy to set up and they're very hands-off.
01:05:25
◼
►
So it's not fair to say that Substack is like a platform, right?
01:05:31
◼
►
You don't go to Substack.com and see like, what are the hot articles now?
01:05:36
◼
►
Substack allows the individual authors to really have websites that just are their own thing,
01:05:44
◼
►
that it is not immediately obvious that it's a Substack thing.
01:05:48
◼
►
Like if you know what the look is, you can recognize them.
01:05:50
◼
►
I mean, I don't know, like you use it, right?
01:05:53
◼
►
And so that's one thing, but like I...
01:05:55
◼
►
Yeah, tell me.
01:05:55
◼
►
Okay, so like, just like lay my cards on the table, right?
01:06:00
◼
►
Of like me here.
01:06:02
◼
►
So we work with, I actually think they're sponsoring this episode.
01:06:05
◼
►
We work with Membefor, which is a part of Patreon, but it's essentially like the plumbing
01:06:11
◼
►
for a membership system rather than there being a front end.
01:06:14
◼
►
And I prefer to, and Relay FM chooses to use them because then we own our front end, right?
01:06:20
◼
►
And like it's plumbing essentially.
01:06:23
◼
►
It's all of the things that we need to run Moretex comes that way rather than us doing
01:06:28
◼
►
literally Patreon, right?
01:06:29
◼
►
Which is the other side of the company and having it all be in Patreon system and kind
01:06:34
◼
►
of like a platform.
01:06:36
◼
►
Yeah, but that's like, that totally makes sense, right?
01:06:38
◼
►
Like I think any kind of company should, again, they're sponsored this episode.
01:06:42
◼
►
So listeners, of course, you're required to take what I say with a grain of salt.
01:06:44
◼
►
Yeah, I think any company should run their own system as much as they can with something
01:06:52
◼
►
like Memberful as opposed to running a sub stack.
01:06:54
◼
►
Like a sub stack is much more for an individual.
01:06:57
◼
►
Like that's...
01:06:57
◼
►
What about Gray Industries is a company?
01:07:00
◼
►
Yeah, Gray Industries is a company, but it's functionally just like a micro company, right?
01:07:05
◼
►
It's not, Relay is a thing, right?
01:07:08
◼
►
Like there's lots of people doing their own stuff.
01:07:11
◼
►
It's very different from basically...
01:07:13
◼
►
We needed like mechanisms to like build into our publishing system, right?
01:07:19
◼
►
To make it work, which Memberful provided us.
01:07:21
◼
►
But anyway, my point more is just like, I would never go into a situation like this
01:07:28
◼
►
with a company like sub stack and assume what you have said, which is like, they are hands
01:07:33
◼
►
off, it doesn't matter to them.
01:07:35
◼
►
Like it's only until it does.
01:07:36
◼
►
Sub stack have an app, which I think they would prefer people to use than the RSS reader.
01:07:43
◼
►
Yeah, oh yeah, yeah, yeah.
01:07:44
◼
►
This conversation is not meant to be like the values of sub stack as a company.
01:07:48
◼
►
I'm more just interested in what you're doing.
01:07:49
◼
►
But it's just, it's an intriguing thing to me of like, you've moved away from MailChimp,
01:07:55
◼
►
which was just like pure backend to a company.
01:07:59
◼
►
Yeah, MailChimp is pure plumbing stuff, yeah.
01:08:01
◼
►
Yeah, a company that is offering like a whole experience, which is a really nice experience,
01:08:07
◼
►
especially as like a user, right?
01:08:09
◼
►
Like I prefer the way that everything looks for you from the emails and stuff now that
01:08:14
◼
►
they're sub stack emails rather than the MailChimp emails you were using before.
01:08:18
◼
►
But like, I wouldn't necessarily assume that they're always going to want to be hands off.
01:08:22
◼
►
Yeah, of course, like companies can change over time.
01:08:25
◼
►
I think that they've structurally built themselves into a little bit of a corner the way they
01:08:30
◼
►
run things on the back end.
01:08:31
◼
►
But that sort of doesn't really matter for this conversation.
01:08:33
◼
►
So like, again, let's like, let's back up for a minute, right?
01:08:36
◼
►
So how did this start?
01:08:37
◼
►
Yeah, we got away.
01:08:39
◼
►
This isn't even the point of this conversation.
01:08:41
◼
►
Yeah, well, I also think this is funny because people might pick up that when I first started
01:08:46
◼
►
doing this, you were, I think it's fair to say you were kind of trying to talk me out
01:08:51
◼
►
You're a bit like, I don't know if this is a good idea.
01:08:52
◼
►
Well, my initial thing was I was worried you were going to break something.
01:08:56
◼
►
That was my concern.
01:08:57
◼
►
That was more what I was focused on.
01:09:00
◼
►
I think sub stack is a really interesting idea for you specifically.
01:09:04
◼
►
But with caveats, my main caveat initially was like, I was worried that if you just did
01:09:11
◼
►
the importer that something horrific was going to happen.
01:09:15
◼
►
It just set off an alarm bell to me when you were just like, they're so hands off.
01:09:18
◼
►
It's like, that's not a selling point.
01:09:20
◼
►
Like, because it's only until they aren't.
01:09:23
◼
►
Yes, of course, of course.
01:09:24
◼
►
And Mike is entirely right.
01:09:25
◼
►
Like, I'm, we'll get to it, but I'm using this in a way that they clearly don't intend
01:09:29
◼
►
it to be used, which is always a risk.
01:09:31
◼
►
You're also doing some strange stuff.
01:09:33
◼
►
Yeah, I could get a call from Mr. Sub Stack any day saying get off our platform, right?
01:09:37
◼
►
Like, that's very possible.
01:09:39
◼
►
Stop linking to Patreon.
01:09:40
◼
►
One of our key competitors.
01:09:42
◼
►
We want you to do it here, not there.
01:09:44
◼
►
So this is like, how did I come around to this?
01:09:47
◼
►
So there's two directions that this came from.
01:09:49
◼
►
One, I became aware of like, oh, there's this interesting thing that a lot of long form
01:09:54
◼
►
writers are using.
01:09:55
◼
►
And I was looking to try to read more blogs.
01:09:58
◼
►
And so I came across these things.
01:10:00
◼
►
And as always, as a user at first, I'm like, oh, some of these people are paywalling stuff.
01:10:04
◼
►
Like that's annoying.
01:10:05
◼
►
And then eventually some of them get me.
01:10:07
◼
►
It's like, oh no, this writer is very good.
01:10:09
◼
►
Like I want to actually pay for their stuff and get the behind the scenes things.
01:10:12
◼
►
And so it's like, okay, now I'm in the system, right?
01:10:14
◼
►
Like I've crossed that threshold of paying for one of them.
01:10:17
◼
►
And now I'm seeing how this works.
01:10:18
◼
►
And then the gears start turning up like, oh, this business model is the reason that there's
01:10:22
◼
►
more people writing because it's possible for people to make a living at this.
01:10:25
◼
►
Like, huh, that's interesting.
01:10:27
◼
►
So I was a Substack user.
01:10:28
◼
►
And then on the other side of it was basically every year at Gray Industries, at the end
01:10:36
◼
►
of the year, we just do a kind of review of the previous year and like, you know, what
01:10:40
◼
►
are things that we need to look at?
01:10:41
◼
►
What are things that we need to think about?
01:10:43
◼
►
And one of the things that had been at the very top of the list for several years in
01:10:49
◼
►
a row was, oh my God, MailChimp is mind-blowingly expensive for nothing.
01:10:55
◼
►
MailChimp was costing us so much money with a huge email list.
01:11:01
◼
►
And this is a part of the problem of I'm like a weird customer because I just don't think
01:11:06
◼
►
very many content creators are using MailChimp in the way that I'm doing it as a kind of
01:11:12
◼
►
like YouTube fallback, right?
01:11:14
◼
►
I want a kind of messaging system that I can be fairly sure gets to people as opposed to
01:11:21
◼
►
YouTube notifications.
01:11:22
◼
►
Oh, and I guess also for this conversation, we need to disclaim again that MailChimp has
01:11:26
◼
►
been a sponsor.
01:11:27
◼
►
I don't know if much of a disclaimer needs to be like, "The company was too expensive
01:11:31
◼
►
and I left."
01:11:32
◼
►
Like, "Oh, you might be in the pocket of big MailChimp."
01:11:35
◼
►
Yeah, no, I know.
01:11:37
◼
►
Like, here, like, people, MailChimp was costing me like more than $1,000 a month.
01:11:44
◼
►
It would be like at the end of the year, it'd be like, "Oh, we spent like $14,000 this
01:11:50
◼
►
year on MailChimp to do what?
01:11:52
◼
►
Send 18 emails?"
01:11:55
◼
►
It was like, Jesus Christ, right?
01:11:57
◼
►
This is brutal.
01:11:58
◼
►
When you say it like that, it's like how many emails are sent?
01:12:02
◼
►
Like, because, you know, I know like you have a very, very large email newsletter base,
01:12:06
◼
►
which I understand is probably one of the issues, but like the fact that there's so
01:12:09
◼
►
few emails, that's the issue, right?
01:12:12
◼
►
So here's what was really the brutal fact for me, is that the median month I was spending
01:12:18
◼
►
more than $1,000 just to let people know that an episode of Cortex went up.
01:12:27
◼
►
I didn't even think about that!
01:12:31
◼
►
Yeah, I support the move to Substack.
01:12:35
◼
►
So, but here's the thing.
01:12:37
◼
►
I paid that as like YouTube insurance in a way, right?
01:12:42
◼
►
Because I'm very sensitive to this thing of on the internet, if your business exists
01:12:47
◼
►
on somebody else's platform, you can get shut down at any moment.
01:12:51
◼
►
And so I'm like, "Look, this is a ridiculous business expense.
01:12:55
◼
►
Thank you to all of my patrons for like allowing that to happen."
01:12:58
◼
►
But I just viewed it as a kind of like necessary insurance.
01:13:03
◼
►
And boy, I'll tell you, like that day that I woke up and I couldn't access my YouTube
01:13:07
◼
►
account for weird reasons that took a while to sort out, boy, was I thrilled to have an
01:13:13
◼
►
email list that day.
01:13:14
◼
►
It's like, "Okay, great.
01:13:15
◼
►
Like I'm not totally screwed.
01:13:17
◼
►
I have a way out of this."
01:13:18
◼
►
But nonetheless, it just constantly came up as like, "This is a ridiculous business expense.
01:13:25
◼
►
What can we do about it?"
01:13:26
◼
►
And the answer for years was like, "There just really isn't anything that we can do
01:13:31
◼
►
about it. Sending out lots of emails is very expensive for other companies to do it."
01:13:35
◼
►
That kind of cost would make sense for almost any other business that was running an email
01:13:40
◼
►
list of that size, but it just doesn't make sense for us because we weren't like using
01:13:45
◼
►
it to promote.
01:13:46
◼
►
Like we've got new products every month.
01:13:47
◼
►
Like there was none of that.
01:13:49
◼
►
So it was just a pure loss.
01:13:51
◼
►
And so these two things existed.
01:13:54
◼
►
And one day I realized, "Oh, Substack, I think of it as like a blog front end, but
01:14:02
◼
►
their business proposition is really that they're an email list and they kind of treat
01:14:08
◼
►
the website part of it as like incidental.
01:14:11
◼
►
Like it's almost irrelevant."
01:14:13
◼
►
Which I still think is very weird business messaging, but that's their perspective on
01:14:18
◼
►
It's like, "Oh, we at Substack, we're actually a paid newsletter service.
01:14:23
◼
►
That's what we do.
01:14:25
◼
►
And we just like happen to make websites because people would want like a website, but we're
01:14:29
◼
►
actually all about an email service."
01:14:31
◼
►
And so I started looking into that and I was like, "Hey, I wonder how much Substack charges
01:14:36
◼
►
for sending out an email?"
01:14:38
◼
►
And the answer was nothing.
01:14:39
◼
►
They charge nothing, right?
01:14:40
◼
►
It's free to send out these emails.
01:14:42
◼
►
And I was like, "Well, that is quite intriguing."
01:14:46
◼
►
So this is where Mike quite rightly got afraid because Substack is not expecting a customer
01:14:53
◼
►
like me to show up and be like, "Hey, I have a giant email list that I'd love to import
01:14:59
◼
►
so I can just like use your offer of sending out free emails."
01:15:04
◼
►
Because from Substack's perspective, anyone who would have an email list of my size on
01:15:09
◼
►
their website, again, is a different kind of customer.
01:15:12
◼
►
Someone who would have built up that audience as a writer and had a bunch of people paying
01:15:16
◼
►
for their writing.
01:15:17
◼
►
- And also like an email newsletter of your size, they would have some kind of chart,
01:15:22
◼
►
which maybe a book helped them decide if like, "This is gonna make us this amount of money."
01:15:27
◼
►
But that is not your reason for doing this.
01:15:30
◼
►
Like you're an abnormal customer for Substack because you are not a writer who is writing
01:15:36
◼
►
paywalled content.
01:15:37
◼
►
Like that's who they are creating their platform for.
01:15:41
◼
►
Like Substack is for writers.
01:15:43
◼
►
Like that's what it's for and you're not one of those.
01:15:46
◼
►
So we'll put an asterisk on that for a moment.
01:15:49
◼
►
So this is how it started.
01:15:49
◼
►
I was like, "Ah, well, what could possibly go wrong?"
01:15:52
◼
►
And then Mike was very concerned and quite right about like many things can go wrong.
01:15:56
◼
►
- I just wanna state for the record as well that you said you just wanted to use like
01:16:01
◼
►
the importer tool.
01:16:02
◼
►
I was like, "That is a terrible idea."
01:16:04
◼
►
Like with the size of your newsletter list, it is not built for that, I'm sure.
01:16:09
◼
►
Like I think it worked though, so maybe it was.
01:16:12
◼
►
But like I would just say like, "Please just send an email to someone, anyone first."
01:16:18
◼
►
- Yeah, so of course I didn't send an email to anyone first, which I just charged right
01:16:22
◼
►
ahead and #MikeWasRight because I was like, "I'll just use the regular importer."
01:16:26
◼
►
And it was like, "No, you will not use the regular importer."
01:16:29
◼
►
They at least built it to like catch people like me and dumped me over into a special
01:16:35
◼
►
system to manually import it.
01:16:37
◼
►
So I was like, "Oh, okay."
01:16:38
◼
►
Right, they gave me over to a human, but I was like, "I'll just see if it works.
01:16:41
◼
►
I'll just press this button and see if I can import like 100,000 emails.
01:16:45
◼
►
What could possibly go wrong?"
01:16:46
◼
►
- Yeah, yeah, yeah.
01:16:47
◼
►
- But okay, so here's what my thinking about Substack is.
01:16:52
◼
►
For me, it exists as like a very interesting middle place between YouTube and Patreon.
01:17:03
◼
►
So when I think about YouTube, it's like YouTube is a huge platform, right?
01:17:08
◼
►
YouTube's main advantage is just reach, right?
01:17:11
◼
►
Like incredible reach like you can get nowhere else.
01:17:14
◼
►
It's totally allowed me to make a living as a creator, but Patreon is really what allows
01:17:22
◼
►
me to survive as a creator.
01:17:24
◼
►
But Patreon doesn't have reach, right?
01:17:28
◼
►
Patreon is for people who already know that you exist.
01:17:31
◼
►
So there's just like, there's no way for people to discover you at all.
01:17:38
◼
►
Substack is very similar to Patreon, but it has just a tiny bit of reach, which I think
01:17:45
◼
►
makes it quite interesting.
01:17:47
◼
►
So this is also the thing that you're talking about where it's like, okay, they have a whole
01:17:51
◼
►
system where if people find your stuff on Substack, they can reshare it with their own
01:17:58
◼
►
People can like things and people can see what other people have liked.
01:18:01
◼
►
They do have on the main website, there are leaderboards, so you can see who are popular
01:18:06
◼
►
creators on Substack.
01:18:07
◼
►
- And they have the app, which they push people towards.
01:18:10
◼
►
They want people to download the app and then obviously it's an app that they control so
01:18:13
◼
►
they can like surface any content, make recommendations, you know, recommended articles, recommended
01:18:19
◼
►
sub stackers, all that kind of stuff.
01:18:21
◼
►
- Yeah, so there's reach there.
01:18:23
◼
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It's not huge, but it's more than something like Patreon, which basically has no reach
01:18:31
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And what I also think is a really key feature here is that, again, as a user, you cannot
01:18:39
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be aware that multiple people are using Substack, but when you decide to like sign up to become
01:18:46
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a paying member of someone's Substack, at that moment, they can give you discounted
01:18:52
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offers on other people on the platform you might be interested in.
01:18:56
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It's like, ah, that's very interesting, right?
01:18:58
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Like, oh, you know, if you're signing up for this person, we think you'd also like this
01:19:02
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You might already read this person and we can give you like a 50% discount if you want to
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sign up as a member for them.
01:19:08
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So this to me is where like, ah, it's quite interesting to have this thing that's in between.
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It doesn't have as much reach as YouTube.
01:19:19
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Right now, it doesn't have the kind of earning for Patreon, but it exists in the middle of
01:19:28
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And so I was being very slow and very deliberate about trying to figure out how can I actually
01:19:35
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make this work for me?
01:19:36
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And I know again, this seems like it's nothing, but it ended up being just like a hugely complicated
01:19:43
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project that I had like calls with my assistant and we're working out details for is there
01:19:49
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a way we can actually use the Substack membership program that is consistent with the way things
01:19:57
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both work on YouTube and Patreon so we can like have another system here.
01:20:03
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Because what I always wanted out of a giant email list like MailChimp was a kind of YouTube
01:20:10
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But years ago, I think you called it by like nuclear bunker or something like this is if
01:20:16
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there's a total disaster, right?
01:20:17
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This is where you retreat to, but it's not like a great option.
01:20:21
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And I think Substack is the first thing I've ever seen come along in my career as a professional
01:20:29
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That seems like, oh, I think this actually kind of can be an actual additional platform
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that I could exist on.
01:20:41
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That's like a real backup, right?
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Not just a total emergency backup.
01:20:45
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So we spent a lot of time working it all out and and figured out what I think is a pretty
01:20:50
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reasonable system of like we simplified our rewards across all of the different places
01:20:56
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people can sign up to try to make things consistent with each other so that Substack could fit
01:21:02
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in the middle here.
01:21:03
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And if people were Substack users, they could sign up as members there instead of on YouTube
01:21:10
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or instead of on Patreon.
01:21:12
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And so far, like it seems to be working, but boy, it was this like slow and delicate and
01:21:18
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trying to see if things would work and like moving it just like one piece at a time and
01:21:23
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just like testing, testing, making sure nothing went wrong, testing, testing again, making
01:21:28
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sure nothing went wrong.
01:21:29
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I've only just started.
01:21:31
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I am very willing to bet that on the platform, I am a huge outlier in terms of there is nobody
01:21:37
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with as big of an email list who makes them the least amount of money versus anyone.
01:21:44
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Like I just have to be the biggest outlier there.
01:21:47
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This is one of the reasons why it's like, I hope Mr. Substack doesn't come along and
01:21:50
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say that he has a problem with me.
01:21:52
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- You never want to be this person.
01:21:54
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- Yeah, this is totally a problem, right?
01:21:56
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There's like an additional problem here, right?
01:21:58
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Which is also my members only content is video, right?
01:22:04
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The most expensive thing to host.
01:22:06
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So I don't even know what kind of calculations they've done behind the scenes of like, how
01:22:10
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many videos can they host versus like how many members does someone need to have before
01:22:15
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they're like losing money on that person?
01:22:17
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Like what's happening here is a kind of business to business relationship.
01:22:21
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It's like, and you never want to be like the weird outlier who is potentially just causing
01:22:27
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problems, right?
01:22:28
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If you're a weird outlier and you're a huge source of money, that's different, right?
01:22:32
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That's great.
01:22:33
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But if you're the weird outlier, you're like, oh, I've got 100,000 people on my email list
01:22:37
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at like 0.0001% of them are paying members.
01:22:42
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It's like that is not the kind of outlier that you want to be.
01:22:46
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But all of this is from my perspective, a risk worth taking because of just this feeling
01:22:55
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about Substack as a platform of like, it is the first as a business viable alternative
01:23:04
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platform that I have seen really since YouTube that has some kind of reach to it.
01:23:09
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So I think that's high level all of my thoughts about why did I try to make this move?
01:23:16
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Why have I put in a lot of work behind the scenes to try and make this happen?
01:23:21
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And why am I willing to risk being a weird outlier on this platform?
01:23:28
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Have subscribers noticed?
01:23:31
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So part of the reason I'm so cautious is when your business is basically in the entertainment
01:23:36
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world, right?
01:23:36
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You have to think about your audience and I've said before, I often think of the audience
01:23:41
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as being like a bunch of concentric circles and a bunch of overlapping circles.
01:23:44
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There's different groups and you need to kind of be aware of that and you have to really
01:23:49
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care about your most core audience, the people who most like what you do, the people who
01:23:56
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are most engaged with what you make.
01:23:58
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And I've always assumed like anyone who signed up to the email list is much more likely to
01:24:06
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be a kind of core audience member, someone who's really interested and who really cares.
01:24:11
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And so because of that, that sort of person is also much more likely to notice when things
01:24:18
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are different.
01:24:19
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So this is part of the reason why I was being so cautious, but I finally had to throw caution
01:24:24
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to the winds when I put up the Ken Chess with hexagons video.
01:24:29
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It's like, all right, this is going to be the first one that just properly goes out
01:24:34
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to the entire former MailChimp list that is now a sub stack list.
01:24:39
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And boy, was that a nervous day.
01:24:41
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I'm like, I'm going to see how this goes, right?
01:24:44
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There's probably going to be a lot of feedback like this is going to be a day of dealing
01:24:48
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with things.
01:24:48
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- Well, I mean, it's email, so like the real worry that you have, I know it's sub stack,
01:24:53
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but so they should have worked this out, but what if all your emails just go to spam?
01:24:56
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- Yep, that's the other thing, right?
01:24:58
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This is the terrifying, oh, on a hundred thousand people's email system, I'm now
01:25:04
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coming from a different address, right?
01:25:06
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Like absolutely breathtaking and totally shocking to me.
01:25:11
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One, all the emails went through as best I could tell.
01:25:14
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Two, I didn't get a single piece of feedback from anyone about this.
01:25:21
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And I was like, I can't believe this.
01:25:23
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How have I made what seems to be like such a monumental change?
01:25:27
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How have I spent so much time on this?
01:25:29
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I've been like, you know, working with two other people to like make this happen, get
01:25:32
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everything all set.
01:25:33
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It's like, oh God, you know, people, you change anything and like people always have
01:25:37
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comments on it.
01:25:38
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And I did this, nothing, I couldn't believe it.
01:25:41
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It was the most surprising part of the whole process.
01:25:43
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It's like, I was trying to think of it.
01:25:45
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I was like, did people not notice?
01:25:48
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Like, I just don't even know, but it's like, nothing seemed different about the email.
01:25:52
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It's like, they went out, I could see the open rates.
01:25:54
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You know, it wasn't like no one was seeing it.
01:25:56
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It's like, no, people were opening up the emails.
01:25:57
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They were clicking links.
01:25:58
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Some people signed up as sub stack members.
01:26:01
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And there's like, not a peep about what seemed to me like one of the most dramatic back end
01:26:06
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►
business changes I've made in years.
01:26:08
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So sometimes you can really get things wrong.
01:26:12
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- But right at the same time, right?
01:26:15
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- Like it's one of those things you hear nothing and it's fine, even though it is strange.
01:26:19
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- Well, I mean, we'll see long term if this works out, but I'm just really intrigued
01:26:24
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►
in a way that I never have been before.
01:26:28
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And I think one of the things that's just a good sign about like, when is something interesting
01:26:33
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►
is I don't think I will do it, but I have caught myself wondering sometimes like, oh,
01:26:42
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does it make sense again to maybe just write something?
01:26:47
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Like, is there something that you can just write that you don't have to turn into?
01:26:51
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►
Like an extremely well scripted, polished, ultimately going to be animated thing?
01:26:57
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►
Like, does there exist future articles?
01:27:01
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►
And years ago on the show, I know we had some conversation about why I stopped writing articles.
01:27:07
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►
And it was exactly what I said before of, it just didn't make any sense as a thing to do.
01:27:15
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►
There was no way to monetize it.
01:27:17
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►
It does take effort to do.
01:27:19
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And it was like, that effort was just 100% better spent on making videos.
01:27:24
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►
So I don't think I will do this, but it's just interesting to note where does your brain go.
01:27:31
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►
And it's nice to feel like, oh, this is a possibility again, this could actually make
01:27:36
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►
sense as a thing to do now that there's real incentives to do that.
01:27:41
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But in the meantime, I'm just going to keep using sub stack for as long as they will let me
01:27:48
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and putting up members videos and just seeing how that goes as a kind of
01:27:54
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YouTube fallback slash email distribution place.