back to index2022-04-13_My_Hero_Bill_Gaither
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Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, 00:00:03.920 |
skills, insight, and encouragement you need to live a rich and meaningful life now while 00:00:08.680 |
building a plan for financial freedom in 10 years or less. 00:00:11.680 |
My name is Joshua, I'm your host, and today I'm going to share with you one of my heroes, 00:00:16.340 |
one of my career heroes specifically, and share with you a little bit about his life 00:00:22.760 |
and his story in hopes that it may also inspire you. 00:00:27.960 |
I believe that it's important to have heroes, people that you look up to. 00:00:32.360 |
These can be heroes writ large, people that you would like to be like in most things, 00:00:38.000 |
or it can be people that you admire for something specific. 00:00:42.840 |
But I believe one of the healthiest personal habits that we can develop is to go through 00:00:47.520 |
life looking to find things that we admire and look up to about other people, the way 00:00:53.920 |
that other people behave, the way that other people live their lives, the kind of person 00:01:00.240 |
And even if those specific things that we can find to appreciate about somebody, even 00:01:06.120 |
if they're quite small and there's maybe more things that we would not like about somebody 00:01:11.400 |
rather than appreciate, rather than the things that we do, I believe that this practice is 00:01:15.940 |
one of the healthiest things that we can possibly do. 00:01:18.900 |
It's healthy for you and for me as individuals because it helps us to develop a positive 00:01:26.060 |
We go through life being a good finder rather than a fault finder. 00:01:30.340 |
We go through life treating people well, treating them as human beings who have something that 00:01:36.260 |
we can learn from them, something that we can appreciate about them. 00:01:40.020 |
And that allows us to see the world in a vastly different way than people who go through life 00:01:44.340 |
seeking to be critical of others, trying to find things that they don't like about others. 00:01:49.660 |
And I think it also has the wonderful effect of kind of a ripple effect in society that 00:01:55.580 |
as we go out looking for the good in people, looking for the things that we can admire, 00:02:00.620 |
the common ground that we can have, it leads to a more positive relationship with somebody 00:02:06.980 |
and it leads to other people feeling more appreciated, feeling more admired, feeling 00:02:12.440 |
And these are all things that will boost their self-esteem, their self-confidence when they 00:02:15.980 |
sense that from us and generally make the world a better place. 00:02:20.340 |
But I think it's also just a really good selfish habit to get into because when you go around 00:02:26.220 |
looking for things that you admire in other people, you wind up systematically building 00:02:32.260 |
a clearer and clearer vision of the things that you want to be able to admire about yourself. 00:02:49.540 |
And even if you and I are imperfect in actually achieving our goals, the fact that we have 00:02:56.500 |
goals, the fact that we're working towards something, and especially the fact that we're 00:03:00.540 |
working towards being the very best version of ourselves that we're capable of being, 00:03:06.460 |
is, I believe, a positive aspect that can affect us in a very positive way. 00:03:11.800 |
And so I try to make note of things that I admire about other people. 00:03:17.780 |
And as I said, sometimes I can admire another person quite broadly, right? 00:03:21.460 |
I admire my father and I would very much like to be like my father in many, many ways. 00:03:31.580 |
There may be other people that I would find vastly more things that I don't admire about 00:03:37.980 |
them, but I can still find a few things that I appreciate about them. 00:03:48.660 |
I focus on the things that I do admire about them. 00:03:52.620 |
And since people are often the easiest for us to observe, because we see them as humans, 00:03:57.820 |
as creatures like us, especially if we can learn to facilitate our brains admiring relatively 00:04:05.300 |
normal people, not just airbrushed figures on the big screen, but admiring people that 00:04:12.260 |
Our family members, our neighbors, our co-workers, just ordinary people like us, then it helps 00:04:23.180 |
And by the way, it's important that we do that because these are the people that we 00:04:27.240 |
These are the people that we can actually understand who they are, their character, 00:04:32.940 |
But today I'm going to share with you a little bit of one of my heroes. 00:04:37.220 |
I have many again, but I was just inspired to talk about this hero today because of, 00:04:47.180 |
I'll explain in a moment who Bill Gaither is and why I admire him, because I think that 00:04:53.780 |
in Bill Gaither's career, you and I can find some very important lessons to integrate into 00:05:02.480 |
If you've listened to more than a handful of episodes of Radical Personal Finance, you 00:05:05.740 |
know that virtually every episode I open with that little statement, how to live a rich 00:05:11.240 |
and meaningful life now while also building a plan for financial freedom in 10 years or 00:05:18.160 |
And you'll notice that there is a dual mandate. 00:05:20.480 |
There is a goal of living a rich life now in every sense of the meaning of the word 00:05:28.040 |
And there's also the goal or the mandate of building financial freedom. 00:05:32.840 |
Now you'll notice I don't use the term "financial independence." 00:05:37.480 |
And it's not that I don't appreciate financial independence. 00:05:40.400 |
I'm very grateful for all of the significant measures of financial independence that I 00:05:46.600 |
It's not that I don't want financial independence for more people, even in its fullest sense, 00:05:52.320 |
the sense where you have more money than you need or will ever want to spend the rest of 00:05:59.240 |
Thus, you can truly live your life without regard to generating money for need. 00:06:05.800 |
I want those things, but I'm not so keen on certain aspects of the financial independence 00:06:16.440 |
It's that I feel like certain people fixate too much on financial independence. 00:06:23.160 |
I saw a post on Reddit, in one of the Reddit financial independence groups this past week, 00:06:31.120 |
And the 18-year-old, to summarize what he was saying, was basically saying, "I've 00:06:35.400 |
decided I want to be financially independent. 00:06:38.000 |
I think, actually, sorry, it was something like $5,000. 00:06:42.000 |
Can someone tell me what to invest in so I can be financially independent as quickly 00:06:46.800 |
And it struck me because I recognized myself in that Reddit commentator. 00:06:54.720 |
I realized that if somebody had come to me at 18 years old or at 20 years old and laid 00:06:59.640 |
out financial independence as a goal, I would have been asking the similar question. 00:07:05.200 |
In fact, I was asking similar questions in various message boards, not at 18, but more 00:07:10.520 |
at 21, 22, etc., because I was working a job I didn't like, and I wanted to get rich 00:07:18.340 |
Today, I look at it, and I, my heart, it's too hard, I just, I look at it and I think 00:07:23.800 |
that 18-year-old, I feel bad for him, right, because I think that's a fundamentally horrible 00:07:32.480 |
But the concept that at 18 years old you would be looking to get out of work, I see as a 00:07:40.000 |
It's a horrible way to approach life, to think that here I am at 18 years old, presumably 00:07:45.440 |
I'm debt-free, I've got $5,000 in the bank, literally the world is open to me and all 00:07:52.240 |
All I can think about is how do I save enough money so that I don't have to work. 00:07:55.920 |
When I'm at the very dawn of my life and I've got decades, God willing, that lie in front 00:08:01.940 |
of me in which I can accomplish great things, I can live a great life. 00:08:07.600 |
But I think what happens is it all comes down to what heroes does that 18-year-old have. 00:08:14.440 |
When I was 21 and I was asking those questions in online message boards, I was choosing certain 00:08:22.920 |
heroes but without thinking about all of the options that were available to me. 00:08:29.680 |
And I think that if you recognize that there are many paths open to you, then, and you 00:08:37.360 |
choose a different hero who's walked a different path, it can give you a different model, a 00:08:43.240 |
So to wrap up my comments on financial independence, I see financial independence as a valuable 00:08:48.060 |
step along the way, a valuable goal that expresses a measure of achievement, but not as something 00:08:56.380 |
that should be the top goal or a primary goal of life. 00:09:00.760 |
I think there are other goals that will give more lasting satisfaction than simply achieving 00:09:07.680 |
And I think that if you can recognize and develop a career hero, whoever that happens 00:09:13.220 |
to be for you, it'll give you an idea of how not that you can get out of work, but rather 00:09:22.280 |
Let me tell you a little bit about Bill Gaither. 00:09:24.280 |
And for context, these are just things that I know from listening to a lot of his music 00:09:30.480 |
I've been to one Gaither concert, which I thoroughly enjoyed, but I have no intimate 00:09:37.400 |
Bill Gaither is well known in the evangelical Christian culture in the United States as 00:09:46.360 |
a singer, songwriter, producer, band coordinator, band leader, etc. 00:10:01.160 |
But more important, due to his age in the industry. 00:10:04.880 |
According to his Wikipedia entry, he started performing in the mid 1950s, which would have 00:10:10.240 |
put him as a teenager, was when he started singing and performing. 00:10:14.600 |
And that means that he's had a career of basically over 50 years actively performing and actively 00:10:23.640 |
being involved in Christian music in the United States. 00:10:29.680 |
He's also well known because at various times in his career, he did a lot of television 00:10:34.600 |
and he would run a lot of advertisements for concerts and things, selling DVDs on television 00:10:42.280 |
So people came across him and so his name would be well known. 00:10:46.800 |
But if it's been a while since you've thought of Bill Gaither, he's probably extraordinarily 00:10:52.300 |
different today than you think he was, than the image you have of his 1980s television 00:11:01.800 |
So let me share with you some things that I really admire about Bill. 00:11:09.880 |
I admire the fact that he's been working diligently for 50 years, more than 50 years. 00:11:18.440 |
Sorry, it's actually, sorry, I did my math wrong. 00:11:22.720 |
From the 1950s was when he first started performing as a musician until now in 2022. 00:11:28.080 |
It's over 70 years he's been working actively in his career. 00:11:31.720 |
And while I don't know anything specifically about his personal tour schedule, I don't 00:11:35.200 |
know how many months of the year he works, I do know that he does still work a lot. 00:11:40.960 |
His band tours, they are continually producing new albums, new music. 00:11:47.560 |
He's very active in his YouTube channel, etc. 00:11:53.160 |
He's still producing music and still generating new fans today. 00:11:59.560 |
And he's done that for an exceedingly long period of time. 00:12:03.360 |
And I believe that a major secret to financial abundance, as well as a secret to high quality 00:12:10.080 |
life is to try to choose a career that you can have for a very long time. 00:12:16.200 |
If you can imagine yourself working for 70 years, think of yourself getting a job and 00:12:24.380 |
Add 70 years to that, and Bill is almost, again, he's 86 now, so you do the math. 00:12:36.000 |
Think about the money that you can earn and the money that you can accumulate over that 00:12:41.840 |
One of the great errors that we make is we often cut off our earnings too soon to actually 00:12:49.160 |
But if you imagine that Bill is working at 86, still earning excellent money, increasing 00:12:54.540 |
his family's fortunes at a time when many other people would have quit 20 years previous 00:13:01.600 |
Even if he was broke at 66, there's no reason for him to be broke at 86. 00:13:05.560 |
You say, "Well, Joshua, yeah, I get that, but why would I want to do that?" 00:13:08.460 |
Well, I think the key is find a job that you don't want to retire from. 00:13:13.740 |
And here, when I look at the arts, I often find examples of the kinds of career lifestyles 00:13:23.840 |
If you think about the job of a performing artist, to me there's something exceedingly 00:13:29.000 |
attractive about the job of a performing artist. 00:13:34.100 |
Anybody who's been on the road or worked, we know that it's hard work. 00:13:38.120 |
But I think one benefit of the kind of work that an artist has, when an artist goes on 00:13:42.820 |
the road and does a tour, is that it's a form of seasonal work. 00:13:47.580 |
You may have a three-month tour through 30 states or 10 countries or wherever you're 00:13:51.980 |
traveling, and during that period of time you're working hard, but that's not 365 days 00:14:04.020 |
And over the years, I've admired, I've expressed my admiration for seasonal work again and again 00:14:09.780 |
But in the modern age, when we're not connected so much in our work to the flow of the seasons, 00:14:19.100 |
We miss the idea of having a rest during the wintertime. 00:14:22.920 |
And then when the weather gets well and we can go out and we can break the ground, we're 00:14:25.700 |
just thrilled to be outside in an agrarian society. 00:14:28.500 |
Well, not having that, we just work all the time. 00:14:31.460 |
We sit in offices that are climate-controlled. 00:14:33.260 |
We sit in houses that are climate-controlled. 00:14:35.420 |
And so we work without regard to the weather outside, without regard to the elements. 00:14:39.760 |
We plan our work with very little regard to the seasons. 00:14:43.380 |
And most of us don't have work that is seasonal in small chunks. 00:14:48.780 |
Most of us have work that can be done all year long. 00:14:51.320 |
But when I think about the idea of having a career where, say, I go on the road for 00:14:55.100 |
three months at a time, and then I go home for three months on the time, and then maybe 00:15:00.100 |
I go on the road again for three months at a time. 00:15:07.780 |
I want to work hard for three months, and then I want to rest for three months. 00:15:11.980 |
It feels more attractive to me than work 50 weeks a year. 00:15:15.700 |
I think there are many careers in which you can have this. 00:15:21.700 |
A football player might have the games of the season, you have preseason, et cetera, 00:15:29.060 |
A teacher might have this, with an extended summer vacation. 00:15:32.180 |
There are many jobs, many businesses that can have this. 00:15:35.080 |
You might be an accountant, and you filter your work based upon your seasons of tax seasons 00:15:45.920 |
But if you could have some sense of seasonality in work, I think that's really attractive. 00:15:50.740 |
I think that the seasonality allows you to really work hard during that season. 00:15:54.740 |
I find that when I'm working and when I'm in work mode, working long hours is a joy 00:16:00.900 |
because my creativity is flowing, but then I need to make sure that I flip that for a 00:16:08.980 |
I admire the seasonality of a singing career, a touring career. 00:16:14.220 |
Another thing I think is worth noting about somebody who is a musical performer is their 00:16:19.540 |
job is varied, but their most important results come from their area of core genius, meaning 00:16:27.420 |
we know that if you are the leader of a band like Bill Gaither is, or if you're a producer, 00:16:32.860 |
et cetera, there are many responsibilities that he has. 00:16:37.660 |
But a singer's most important results come from his ability to create wonderful music. 00:16:48.700 |
And for a singer to build his career upon singing, he's going to need to feel confident 00:16:55.220 |
that he has something really good to offer, and the marketplace is recognizing that. 00:17:00.860 |
And so when you do something that you're good at and you feel like you're good at, and you 00:17:05.700 |
know that you're good at it because the audience responds and says, "Here's our money. 00:17:11.740 |
We want to listen to you," and you have good proof of it, it allows your work life to be 00:17:18.020 |
And when you know that you're operating an area of skill, an area of genius, an area 00:17:24.460 |
where people appreciate your work, it dramatically transforms how you feel about your work. 00:17:29.940 |
It's not to say you're always going to be enthusiastic about it. 00:17:36.060 |
A performer will frequently not look forward to a performance. 00:17:42.580 |
But a performer knows when he goes on stage, he's doing something that he's good at, and 00:17:50.060 |
Even if it's on a big scale or a little scale, he knows that he's doing something that people 00:17:55.780 |
And if you continue in the career, there's lots of people who've tried to have bands 00:18:00.020 |
and it hasn't worked out for a few years, but if you can build a career in something 00:18:03.500 |
where you have longevity because there's desire there, I think you can get a tremendous sense 00:18:10.140 |
That's one thing I admire about singers and other performers. 00:18:13.340 |
But you don't have to be a singer or performer in order to do that. 00:18:16.800 |
You can just be really competent and skilled and be working in an area of your core skill. 00:18:28.360 |
It might be any number of things, being a teacher. 00:18:30.700 |
But knowing that you are in an area where you are effective and where you are good brings 00:18:38.240 |
If most of your time or your most important results are related to something that you're 00:18:42.540 |
skilled at, it gives you the ability to deal with the rest of the stuff. 00:18:46.700 |
I'm sure Gaither has many days where he has to go to the office and have meetings and 00:18:54.180 |
But that should be a minor component of your time. 00:18:57.200 |
So if you imagine a career in which, let's say 80% of your time and your most important 00:19:02.780 |
80% of results are based upon things that you're skilled at and you're good at, I think 00:19:07.340 |
those are some things that are really, really valuable and really, really important. 00:19:12.500 |
The next thing that is, I think, important about Gaither's career is that he has been 00:19:21.820 |
So I mentioned that I was inspired to do this based upon his music. 00:19:26.940 |
He's actually been on my list for a long time and I've had this list of show ideas. 00:19:30.020 |
This is the first in the series that I've done. 00:19:32.540 |
But I was playing for my children at bedtime some of my favorite songs, some of my favorite 00:19:46.260 |
Every night when I put my children to bed, I sing to them. 00:19:49.220 |
Usually we sing, we do a hymn study so I sing a certain set of hymns. 00:19:54.180 |
I sing throughout the month so they can learn them. 00:19:59.960 |
But when there's a special event, if it's Christmas or Easter or some other holiday, 00:20:06.780 |
So my brother sent me a playlist of some of his favorite songs related to Easter. 00:20:12.500 |
My brother and I share a significant amount of musical taste and most of them are by the 00:20:20.460 |
So I was playing those for my children, just realizing how much I like the music. 00:20:25.260 |
But the music is very different than what you might have seen on TV in the 1990s. 00:20:31.020 |
The music is phenomenally built music, but it's all sacred Christian music. 00:20:42.140 |
David Phelps, who has sung with Gaither and solo as well for many years, is world class. 00:20:51.300 |
And what Gaither has done over the years is he has been able to change his sound. 00:21:00.040 |
And so in 2022, I'm still a relatively young man, I can without fear say my favorite band 00:21:09.620 |
is the Gaither vocal band and not have the fear that, well, I guess it's a little bit 00:21:15.740 |
of a fear, but just know that it's not the same thing as it was in the 1980s. 00:21:19.780 |
I enjoyed the 1980s music, but I wouldn't go around saying I'm a fan of that. 00:21:24.200 |
And so you see that they've been able to grow as musicians and change and adapt with the 00:21:29.460 |
And for me, at least for my musical taste, they found a really wonderful balance of bringing 00:21:38.540 |
things that I appreciate about classic music, meaning really phenomenal musicianship, really 00:21:46.900 |
phenomenal singing, really wonderful harmonies, etc., but with a modern sound and in a really 00:21:55.900 |
And so I think that this is a key thing to look for in a career. 00:21:59.900 |
Do you have a career or can you develop a career that will allow you to grow and to 00:22:08.700 |
The first benefit is it keeps you relevant in the marketplace. 00:22:13.300 |
Imagine that you were a computer technician in the 1990s, but you didn't keep your skills 00:22:22.380 |
Virtually all of us will be completely, we will have to completely reinvent ourselves 00:22:29.620 |
And so the key is can we find ways to choose a career that will allow us to take our core 00:22:36.300 |
skills and competencies and then adapt them as our industry changes so that we will maintain 00:22:43.380 |
relevance and will continue to have customers. 00:22:50.740 |
Professional speaking is going to have relevance 20 years from now, even if I'm doing it in 00:23:05.600 |
Financial planning is going to have extreme relevance 20 years from now, even if the deliverables 00:23:11.300 |
are totally different, the products are totally different. 00:23:18.340 |
Well, people are going to need a doctor just as much 20 years from now as they do today. 00:23:24.380 |
And so you want to make sure that you have a career that's going to stay relevant and 00:23:28.780 |
a career that you can change and adapt to so that you can stay relevant in the marketplace. 00:23:33.700 |
Bill Gaither has been able to stay relevant as a musician for almost 70 years. 00:23:40.620 |
But his relevancy is based upon his changing in the marketplace. 00:23:46.660 |
He has a core competency of singing, musicianship, et cetera. 00:23:53.260 |
But he has a core competency, but that core competency can change on the edges in order 00:23:58.920 |
And that means that he can continue bringing offerings to the marketplace and stay current. 00:24:03.580 |
If he were singing the same songs, the same style today in 2022 as he was in 1990 or in 00:24:10.780 |
1960, then nobody would be interested in him. 00:24:17.600 |
But because he's adapted and changed over time, his career is very much alive. 00:24:22.100 |
Then the flip side is that the individual also benefits. 00:24:27.400 |
Gaither himself benefits by staying relevant in the music industry because it keeps him 00:24:40.780 |
And yet music has an infinite number of ways that it can be expressed. 00:24:47.020 |
And so for a musician, one of the biggest benefits of staying in the career is that 00:24:52.380 |
you can change and you can try different styles. 00:25:07.540 |
When you feel like you've conquered everything, what, am I able to die now? 00:25:11.460 |
But if you feel like, no, I can get better, I can adjust, and you have a new skill that 00:25:14.700 |
you're working on, a new way that you're seeking to improve, that helps you to feel alive. 00:25:21.140 |
So you want to be thoughtful to have a career that will keep that sense of engagement with 00:25:26.940 |
The next thing that I admire about Bill Gaither is that his career is one that has allowed 00:25:38.220 |
And I think it's so valuable for you and I to think forward 20 years, 50 years, 80 years, 00:25:44.700 |
and ask ourselves, how can I be relevant 20, 40, 50, 80 years from now? 00:25:51.020 |
And what you will need to do if you're going to be successful in that is you'll need to 00:25:55.220 |
grow into the role of some form of elder statesman where you now bring a sense of, now you bring 00:26:05.500 |
genuine wisdom, you bring character, you bring experience to the marketplace. 00:26:11.460 |
And then as your previous qualities fade, you replace those qualities with a new quality. 00:26:20.780 |
And here I want to juxtapose Bill Gaither versus Madonna. 00:26:28.140 |
I was really surprised with the video that Madonna released recently on her social media 00:26:37.060 |
I literally couldn't without Googling, excuse me, without asking the duck, I slipped out. 00:26:44.460 |
Without doing a web search for Madonna's songs, I could not list a single Madonna song. 00:26:55.100 |
And it's my impression of her career from a great distance that she built her career 00:27:01.820 |
off of her music and a significant component of her music and the attraction of her music 00:27:11.940 |
was based upon her youth, her beauty, her sex appeal. 00:27:16.340 |
But then I saw this video that she released of what seemed to me, I got to look up how 00:27:33.140 |
And so here was this video of her at 63 years old, basically trying to do this like sexy 00:27:43.980 |
And I found the whole thing utterly repulsive. 00:27:50.260 |
In fact, one of the opinions that I have, a little speech that I frequently find myself 00:27:58.580 |
saying to women, is that I think that one of the worst things about American culture 00:28:05.820 |
is the idolization of youth, physical beauty, and sex appeal. 00:28:12.780 |
Because what happens is, I think it's a really destructive thing in our culture where we 00:28:20.220 |
say that your value in society for young women is 80% driven by your physical attractiveness. 00:28:29.940 |
And that our definition of physical attractiveness is a definition that is usually most idolized. 00:28:35.780 |
Ideally created by those who are between about 18 and 22, where their body is well-toned, 00:28:44.500 |
their breasts are fully developed, their skin is perfect and clear, etc. 00:28:49.780 |
And I think this is such a destructive tendency in society, because what it means is that 00:28:55.900 |
once a woman passes the height of her youthful sex appeal, then it's just all downhill from 00:29:03.220 |
And you get these stupid things like, you're not supposed to ask a woman how old she is, 00:29:05.460 |
and all these ridiculous things like, well, I'm turning 30 years old, minus 20, or whatever 00:29:13.660 |
And I think this is really destructive in a society, it's really bad for the mindset 00:29:21.780 |
Because instead of having an aspiration of something to grow into, where I admire cultures 00:29:27.180 |
that have a cultural sense of honor for the aged, there are many cultures where people 00:29:33.920 |
look forward to growing older because they will receive higher and higher levels of honor 00:29:43.060 |
And I think that's really healthy and right, and that's how it should be. 00:29:46.700 |
We should honor the aged, we should respect the aged in many, many ways. 00:29:52.500 |
And yet our American society, we've very much lost that. 00:29:57.180 |
And we disrespect the aged, we make jokes about age. 00:30:02.100 |
None of the jokes are positive, they're all hurtful, they're all cutting, and is it any 00:30:10.940 |
And so, sorry for the comment, but for me to say that I was repulsed by Madonna because 00:30:17.140 |
she's 63 is not a comment on saying that age is bad. 00:30:26.340 |
It's a comment on saying that the 63-year-old should not be trying to reach out to the world 00:30:35.340 |
Set aside whether an 18-year-old should be trying to create a sexy video on whatever 00:30:41.320 |
social media platform is in vogue, the point is that it's deeply hideous for a 63-year-old 00:30:49.300 |
A 63-year-old should be embracing wisdom, a 63-year-old should be embracing the role 00:30:56.340 |
of, in Madonna's case, a mother, a grandmother, an advisor, a mentor. 00:31:03.380 |
And there are so many performers and actresses who do this, and they're beautiful. 00:31:09.720 |
They're beautiful outside, but they're outside their external beauty flows from them being 00:31:18.700 |
And then when we see them aging, we admire how graceful and how beautiful they are in 00:31:25.580 |
And it doesn't matter the number of wrinkles that they have or the amount of fat on their 00:31:30.740 |
We admire them because they have a sense of decorum, a sense of gravitas, a sense of wisdom 00:31:45.800 |
I was thinking about Madonna in comparison to Bill Gaither, and I was thinking, Bill 00:31:51.660 |
Gaither, he is not the same musician that he was many years ago. 00:31:58.380 |
There was a time when Bill Gaither was a singer, right? 00:32:05.220 |
But there was a time in which his voice was a fundamental part of the performance. 00:32:12.540 |
Bill Gaither today has a reasonable voice where he can stay on tune, but he's never... 00:32:20.140 |
And when he sings and when he solos, you are drawn to him, but you wouldn't listen to him 00:32:26.700 |
and say, "Oh, he's got this world-class voice." 00:32:38.260 |
It's a perfectly reasonable, attractive, fine male voice, but it's not anything distinguished. 00:32:47.520 |
So similarly, Madonna is not in any way attractive, in the sense that she's not distinguished. 00:32:55.200 |
She's not ugly, but she's not distinguished by her voice, sorry, her looks. 00:33:00.680 |
But if she chose to say that, "I'm going to embrace my looks for what they are and develop 00:33:04.820 |
these other attributes of my life," she would be, in my opinion, much more attractive. 00:33:10.420 |
Just like Bill Gaither, he's a very attractive person, even though his voice is no longer 00:33:23.100 |
He's developed those other skills, those other things. 00:33:27.260 |
So one of the things that he's really good at over the years has been finding young talent 00:33:35.220 |
and then developing and launching that young talent. 00:33:39.380 |
Let me read a few names, and if you are familiar with evangelical Christian music in the US, 00:33:46.860 |
then some of these names will be quite recognizable to you. 00:33:49.780 |
If not, they're many of them well-known performers. 00:33:56.420 |
"Gaither has been a father figure and career booster to many younger performers in the 00:34:01.420 |
Christian music industry, while helping to prolong the careers of those who came before 00:34:06.220 |
him, for example by producing homecoming recordings and tours. 00:34:10.620 |
The following are all CCM artists who either got their start or became popular while touring 00:34:17.340 |
Mark Lowry, Michael W. Smith, Carmen, Sandy Patty, Steve Green, Don Francisco, Amy Grant, 00:34:25.620 |
Michael English, Jonathan Pierce, Carla Worley, and Cynthia Clausen. 00:34:31.100 |
He has maintained the Gaither vocal band with a variety of singers through the years, including 00:34:35.940 |
Gary McSpadden, Steve Green, Lee Young, John Moore, Larnell Harris, Michael English, Lemuel 00:34:42.940 |
Miller, Jim Murray, Mark Lowry, Terry Franklin, Buddy Mullins, Jonathan Pierce, Guy Penrod, 00:34:49.740 |
David Phelps, Russ Taff, Marshall Hall, Wes Hampton, Adam Crabb, Todd Suttles, and Reggie 00:34:56.820 |
Penrod, Lowry, and Hampton were the members of the Gaither vocal band with the longest 00:35:04.060 |
So what you can see is that he has built skills of finding young voices, young talent, and 00:35:12.340 |
then I would assume coaching those young voices and young talent. 00:35:16.940 |
I'm sure that he's coaching musically, being influenced by the younger voices and talent, 00:35:23.740 |
and then also coaching the younger voices and talent, coaching in terms of everything 00:35:30.380 |
And so here he is at 86 years old and he is leading the performances of some of the most 00:35:38.860 |
phenomenal vocalists in the world in that particular niche. 00:35:44.900 |
And so he's just as relevant at 86 as he was at 26. 00:35:50.500 |
And yet it's because he's adjusted and adapted to the changes and he's developed more skills 00:35:59.100 |
And I think this is really important to recognize, that many of us have talents or things that 00:36:09.140 |
If you make a living performing delicate surgery with your hands, you're not going to be able 00:36:14.300 |
to do that with the same level of confidence 80 years after you begin. 00:36:19.940 |
But that doesn't mean you can't be just as relevant in your industry. 00:36:23.060 |
You have to simply think and begin with the fact that, "Hey, I'm going to change. 00:36:28.860 |
If you're earning your living based upon your physical beauty, your physical beauty is going 00:36:37.040 |
And so what other things can you bring in addition to physical beauty or your voice 00:36:43.100 |
And so I just find it so inspiring to watch a current Gaither video of a wonderful song 00:36:56.460 |
I can't hear his voice because he knows that he's playing a backup role. 00:37:12.780 |
And I think it also keeps him exceedingly young. 00:37:15.040 |
When you look at him, he's blessed with a wonderful head of hair. 00:37:31.740 |
And I think that part of that must come from being around young people. 00:37:37.140 |
I think that this is also something that we need to watch out for is don't allow yourself 00:37:42.400 |
to be segregated with old people when you're old. 00:37:45.900 |
I don't think we should segregate young people exclusively with young people when they're 00:37:50.100 |
And I also don't think we should segregate old people when they're old. 00:37:56.860 |
Old people need to be around young people so that they maintain that sense of energy 00:38:06.600 |
And you can see this even in Gaither's performances. 00:38:14.620 |
He's adapted himself to the world of YouTube, to the modern expressions of music. 00:38:18.460 |
They figured out ways to continue to make it as a musician, even as the music industry 00:38:25.700 |
And I admire how they've been able to stay current. 00:38:33.260 |
And I think that it must provide him with so much satisfaction to recognize the role 00:38:41.780 |
I've always been inspired by people who can help launch other people. 00:38:48.500 |
How can I use what I have to launch other people? 00:38:52.580 |
And I love that Gaither has accomplished that. 00:39:02.740 |
I don't know much about his family life, but I do know that he's married. 00:39:07.260 |
His wife's name is Gloria, and they have been married for a very long time. 00:39:12.340 |
And they have worked together in their career. 00:39:15.540 |
This is another thing that I think is really wonderful. 00:39:21.940 |
They say that they write their songs together. 00:39:23.580 |
I don't know what their creative process is, but they're wonderful songwriters and have 00:39:31.340 |
Many of those songs are really part of the modern Christian core. 00:39:40.580 |
I'll share a few titles right here from his Wikipedia profile. 00:39:44.380 |
Gaither and his wife Gloria have written many songs, including "The Longer I Serve Him," 00:39:48.980 |
"Because He Lives," "The King is Coming," "Sinner Saved by Grace," "Something Beautiful," 00:39:54.460 |
"He Touched Me," "It Is Finished," "Jesus, There's Something About That Name," "I'm Gonna 00:40:01.700 |
His songs have been performed by Christian artists—David Crowder Band, Carmen, the 00:40:05.420 |
Imperials, Sandy Patty, the Cathedral Quartet, the Spears, and Heritage Singers; country 00:40:09.940 |
singers, the Statler Brothers; and pop artists—Elvis Presley. 00:40:15.020 |
So there's just wonderful impact, and those songs will live on. 00:40:21.700 |
I will sing for the rest of my life, "Because He Lives." 00:40:25.180 |
I will sing for the rest of my life, "Jesus, There's Something About That Name." 00:40:29.480 |
It's a song that my parents sang to me every single night of my childhood, and it's a song 00:40:38.580 |
And so those songs are part of my life, and songs are the kind of thing that will continue 00:40:48.580 |
Can you create something that has some chance of continuing to influence people in a positive 00:40:56.700 |
It's not to say that they're going to know your name, right? 00:40:58.700 |
We all have songs that we love that we don't know who wrote them, and even if we did, it's 00:41:06.540 |
But I think that when you think about being on your deathbed, right, the idea that you 00:41:12.700 |
could create something, that you could do work and create some kind of work that could 00:41:18.660 |
continue to help your fellow man, continue to minister to your fellow man in some way. 00:41:25.340 |
Right here I see on the Wikipedia, it says, "A video of a man surreptitiously recorded 00:41:33.460 |
playing 'Jesus, There's Something About That Name' on a piano in his destroyed house was 00:41:37.960 |
shared by many people following the tornado outbreak of December 10 and 11, 2021." 00:41:42.740 |
I haven't seen that video, but I can imagine what it is, because it's the kind of situation 00:41:51.060 |
that so many of us have been in or are in, right? 00:41:54.820 |
We're in a situation where everything is hopeless, and if you're a Christian, right, you fall 00:42:01.940 |
And music is often a way of communing in your spirit with God, and it allows you to express 00:42:08.000 |
something that you often don't know another way to express. 00:42:13.880 |
And you know, Gaither, again, I don't know Gaither, he doesn't know me, but when you 00:42:17.840 |
recognize, right, and you imagine, you know, last summer I was together with all my family 00:42:27.380 |
members, and when my family members get together, we get together and often we sing. 00:42:32.640 |
Growing up, my dad doesn't play any instruments, but he sings, my mom would play the piano, 00:42:37.320 |
but then all my siblings and I all learn some kind of instrument. 00:42:43.000 |
And so frequently we would get together and we would have family song night at our house. 00:42:47.880 |
And so over the years we've sung together a lot. 00:42:50.480 |
So now we're a little bit more dispersed when we get together, we still enjoy singing together. 00:42:56.380 |
And it's something that blesses my parents, it blesses us, and it's part of our family 00:43:03.360 |
And so we were together and we sang Jesus, Jesus, or something about that name, it's 00:43:07.880 |
a classic Christian song that we sang when we were children. 00:43:11.720 |
And my sister actually asked and said, "Do you guys all sing that to your children? 00:43:17.000 |
And so I think about that testimony multiplied by about a bazillion times with many, many 00:43:22.680 |
other people, that's something to be proud of, right? 00:43:25.760 |
When you're 86 years old and you think, "I was able to create something that helped people. 00:43:30.760 |
I was able to create something that served people. 00:43:32.760 |
I was able to create something that created times of closeness with parents and children. 00:43:37.960 |
I created something that was pure, that was good, that was powerful." 00:43:44.520 |
And a song is one of those things that can leave a legacy. 00:43:49.440 |
And then when there's a story with that song, it goes so far, right? 00:43:54.360 |
Here I, like one of my favorite of, I met, there's one of my favorite singers is a man 00:44:03.600 |
And I met him, quote unquote, through finding him on the Gay Through YouTube channel. 00:44:08.480 |
And Wently Phipps does this amazing version of Amazing Grace. 00:44:14.440 |
And the reason it's amazing is because he tells the story of Amazing Grace and how the 00:44:20.840 |
And Eric Carnegie Hall and Wently Phipps is singing the song. 00:44:24.400 |
And he's just an amazing guy, big, huge black guy. 00:44:29.160 |
And he's telling the story of the origin of the song. 00:44:33.560 |
If you're unfamiliar with the song, the well-known Christian hymn, Amazing Grace, it was penned, 00:44:38.960 |
the words were penned by John Newton, who was in, early in his life, was a slave trader. 00:44:46.320 |
And so he was a captain of a slave ship, bringing slaves from West Africa to the United States 00:44:54.040 |
And then he renounced that and he became very active in working to abolish the slave trade. 00:45:00.520 |
But the, I shouldn't ruin it for you, I should list the video. 00:45:04.040 |
In fact, I will list the video and you can go and watch it. 00:45:06.280 |
But the, no one knows where the tune of Amazing Grace comes from. 00:45:12.840 |
And Phipps performs it in his version of where the tune comes from. 00:45:20.680 |
And so you think about a song like Amazing Grace, that was the work of one man's hand. 00:45:26.520 |
Sat down and wrote a poem and created a song that is now known as the quintessential Christian 00:45:37.320 |
And there have been times, I remember when my grandmother was in the hospital, she was 00:45:44.200 |
in, and we went in and we would go in and sing to her. 00:45:46.480 |
And we would go and sing to her in the hospital and we'd sing loud for the people around to 00:45:53.040 |
And there'd be all these old people that come up and just say, it touched my heart, right, 00:45:59.040 |
So the point here is that if you can create some kind of work that might have some enduring 00:46:05.080 |
value, I think that can provide you with tremendous satisfaction. 00:46:09.080 |
Whether it's to create a sculpture or to influence an industry or to just simply love the people 00:46:17.680 |
Whatever it is, having that sense of purpose in your work and having something that goes 00:46:22.520 |
beyond the money, beyond the time to a sense of impact is, I think, important for you. 00:46:31.280 |
I don't think you should be under any illusion that anyone's really going to remember your 00:46:38.640 |
Once we're dead, maybe our family members will remember our name for a generation or 00:46:43.800 |
two, but they're not going to remember your name. 00:46:46.280 |
But it's for you to know that something that you've created has impacted and helped other 00:46:53.760 |
And when I think about Bill Gaither and his wife Gloria writing those songs and creating 00:46:58.480 |
them and performing them, it's just, to me, a powerful expression of how you can do work 00:47:07.400 |
Speaking of Bill and Gloria, I think another thing that I admire about Bill is that, to 00:47:18.000 |
In fact, I wanted to make sure I went and did a web search and I searched for "Bill 00:47:25.160 |
There was one article that popped up that was written from a hyper-Puritan Christian 00:47:31.880 |
guy talking about how Bill Gaither has sacrificed and been too ecumenical in his work. 00:47:40.720 |
But the point is that I couldn't find any, there was nothing about any scandal in his 00:47:46.240 |
And I think that's also something that's really important. 00:47:48.160 |
He and Gloria have been married for a very long time. 00:47:54.120 |
I know nothing about the testimony of his children, but when you look at and you reflect 00:47:58.800 |
on that, I think you see that even in Bill's face, right? 00:48:06.100 |
They have a sense of settledness in their life, right? 00:48:09.080 |
The healthiest lifestyle you can possibly have is simply good, upright, Christian living. 00:48:22.160 |
Here I was thinking of, I was watching Will Smith at the, whatever the show was that he 00:48:31.720 |
And I was just comparing, like, here's Will Smith. 00:48:34.120 |
Here's this guy that has an amazing repertoire of movies that he's done. 00:48:49.640 |
And yet, look at his son, look at his wife, look at his marriage relationship, and his 00:48:56.080 |
It's an absolute shambles to the point where he, as a, what, 60-year-old man, something 00:49:02.680 |
He walks up on stage at an award show and clocks a guy in the face. 00:49:07.880 |
It just expresses a fundamental cry for help. 00:49:16.240 |
And so I compare Bill Gaither, who of course has not even a fraction of the wealth that 00:49:25.080 |
Will Smith has, not a fraction of the notoriety and fame that Will Smith has, and yet the 00:49:34.120 |
And there are plenty of actors in Hollywood who have very big names who you can admire. 00:49:39.480 |
But having a spouse by your side and having that marriage relationship over decades and 00:49:46.600 |
loving each other and growing old together, having no scandal, no infidelity, no anything, 00:49:57.920 |
Which brings me to the next thing that I admire. 00:50:00.240 |
I admire that Bill and Gloria have been able to work together over the years. 00:50:04.280 |
Gloria, again, is a remarkable musician and she's such a great songwriter. 00:50:10.880 |
She has this amazing repertoire of songs that she has written for other people. 00:50:21.360 |
Most of the time she doesn't perform on the road. 00:50:24.200 |
And so I have the impression that she doesn't go on the road for months and months like 00:50:30.460 |
But they always perform together at some of the special events, right? 00:50:34.960 |
And I think that's another thing that's really wonderful to aspire to is can you have 00:50:41.200 |
something where you can be together with your spouse and have some expression where both 00:50:47.080 |
of you can shine in different ways and yet those ways be compatible, collaborative, where 00:50:55.880 |
You're not competing with one another, not trying to one-up one another, but where you 00:51:01.520 |
can have unique roles and yet have the opportunity to work together and appreciate the good things 00:51:07.640 |
and the hard times that come from a business. 00:51:11.000 |
I don't know that's always the best, but I admire it when I see that. 00:51:15.280 |
And when I see it in Bill and Gloria Gaither, it really is just something that I take note 00:51:23.600 |
I'd like to have some kind of business where my spouse is not separate, where it's not 00:51:27.680 |
something where it's just my thing, but rather something where we're in it together." 00:51:32.320 |
And again, that looks different in different relationships depending on what the business 00:51:41.840 |
In conclusion, when I think about all these things that I have said and you basically 00:51:47.440 |
put the whole package together, it gives me some things to which I aspire. 00:51:57.360 |
I don't know how necessarily I'm going to achieve them all. 00:52:03.320 |
The point is that these are things that I think are worth thinking about and worth aspiring 00:52:09.560 |
And when I compare that against that 18-year-old's post on Reddit about how can I be financially 00:52:17.120 |
independent and quit my work quicker, I want to cry out to the 18-year-old and say, "Take 00:52:24.120 |
the money you have right now and just find a different job, find a different career." 00:52:29.840 |
Because if you're in a situation like Bill Gaither, why would you retire? 00:52:40.180 |
Why would you not want to keep doing something that you're skilled at, that people love and 00:52:45.200 |
appreciate, people pay you money because they want you to do it? 00:52:53.840 |
Well, that makes sense if you're working 80 hours a week at a dead-end job that has no 00:53:02.360 |
personal rewards and you get two weeks of paid vacation a year. 00:53:08.680 |
But you can develop something where you work three months on, two months off, or where 00:53:14.000 |
you do some kind of seasonality to your work, to your lifestyle. 00:53:21.280 |
And I think that it provides kind of the perfect antidote to boredom. 00:53:26.440 |
You go to work so that you escape from the boredom of not working. 00:53:31.280 |
You go to work, you experience the stress, you experience the invigoration of working, 00:53:38.440 |
of providing something, of solving those things, of doing something that you're good at, and 00:53:43.360 |
then you have your times of rest, times of relaxation. 00:53:49.040 |
And then you have the opportunity to build something that can last. 00:53:52.720 |
And then when you're working in an area where you're genuinely skilled, an area of core 00:53:56.200 |
genius, then you can make a contribution to the world. 00:54:00.960 |
And I, for one, am thrilled that Bill Gaither didn't quit his work 30 years ago. 00:54:06.620 |
If he had quit, you know, he made some money performing and decided, "Okay, I'm financially 00:54:10.600 |
independent and stop singing," I couldn't introduce my children to his music, to his 00:54:21.080 |
I played this Easter playlist to my children, and it was a joy to me to introduce them to 00:54:28.080 |
that and give them really good music with really great performers that they can enjoy. 00:54:34.720 |
And when you think about that, it's like, "Why wouldn't you want that?" 00:54:45.480 |
But Clint Eastwood, I could have done this whole show about Clint Eastwood. 00:54:51.240 |
Would you really have wanted Clint Eastwood to quit working 30 years ago because he was 00:54:58.080 |
Think about all the incredible movies that we wouldn't have if Eastwood had hung up his 00:55:04.720 |
spurs 30 years ago when he was rich enough to retire. 00:55:15.840 |
The only reason you would want him to retire is if he couldn't do the work. 00:55:20.800 |
Here I think of Bruce Willis recently announced his retirement because he's experienced a 00:55:25.800 |
degenerative condition that is causing him to not be able to do his work with his normal 00:55:33.040 |
That's understandable, and I think retiring is the right move in that situation. 00:55:38.080 |
But if you can avoid that, you want to avoid it. 00:55:40.440 |
And if you can't avoid it, then you want to keep working. 00:55:45.440 |
I hope that Eastwood makes movies for another 20 years, and I hope that he dies literally 00:56:06.680 |
And then think creatively of how you may be able to put some of that into your own life. 00:56:13.120 |
I said in conclusion, I'm always nervous to say that, let me make one more point. 00:56:19.280 |
Even if you don't know how to achieve it, having an aspiration of something that you 00:56:25.360 |
admire, something you think would be cool to achieve is enough. 00:56:30.240 |
Because you don't need to know how to achieve something in order for it to start working 00:56:41.640 |
Your brain is a computer, and it will notice what you tell it to notice. 00:56:47.000 |
The fact that you've listened now to me expound on one particular man's career, talk about 00:56:56.520 |
Tomorrow, when you see someone else, you're going to notice some of those things that 00:57:00.120 |
you admire, or you're going to notice the exact opposite of them. 00:57:04.960 |
And so if you just simply recognize, you know what, those are some things that I also admire. 00:57:09.560 |
I'd like to be like Clint Eastwood, or I'd like to be like Bill Gaither, or I'd like 00:57:13.760 |
to be like Tom Brady, or I'd like to be like whomever. 00:57:19.400 |
Then you'll start to see over the years the moves you can make. 00:57:25.100 |
It may have been my comments on becoming an elder statesman. 00:57:27.960 |
You may recognize, you know what, my voice is probably not, at 86, my voice may not fill 00:57:35.660 |
So how can I become a mentor, and how can I figure out how to use what I do have? 00:57:42.520 |
How can I attract really high quality musicians and bring them together, knowing that I can 00:57:48.880 |
launch their careers, and they'll be better off being with me, even if it's for a time. 00:57:55.480 |
We'll do great work together, and then they'll go on their way. 00:57:59.720 |
There's some version of that in your career, in my career, for all of us to pay attention 00:58:04.160 |
So I hope that these ideas have been helpful to you, and I hope that you'll be able to 00:58:08.560 |
consider them and think of how you can apply them in the days to come. 00:58:12.800 |
If you want to get rich, one of the best ways you can do that is never retire. 00:58:20.360 |
If you want to get rich, one of the best ways you can do that is never retire. 00:58:25.280 |
Keep working, and pay off your debts, save some money, pay for your kids' expenses, etc. 00:58:33.200 |
And you can get very, very rich just simply by keeping working. 00:58:40.520 |
But I think more importantly, if you can build a career that you don't want to retire from, 00:58:44.720 |
then you can live rich and still enjoy your financial freedom at every step along the 00:58:52.080 |
As we go, I want to remind you that I have a brand new course written four times like 00:59:02.240 |
If you'd like more information about that course, go to internationalscapeplan.com. 00:59:06.560 |
Remember also that I am currently providing personal consulting, so if you want to consult 00:59:11.000 |
with me on career changes, adjustments, etc., I tell you, I would say probably, well, a 00:59:18.320 |
significant percentage of my clients are wealthy, successful people who want to talk about personalized 00:59:27.040 |
So if that's you, go to radicalpersonalfinance.com/consult. 00:59:32.200 |
Radicalpersonalfinance.com/consult, and you can book a call with me there. 00:59:36.960 |
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