Dan Millman is the author of, “Way of the Peaceful Warrior: A Book That Changes Lives” and “The Creative Compass: Writing Your Way from Inspiration to Publication.” He’s also the former director of gymnastics at Stanford University and a former world champion athlete, martial arts instructor, and college professor.
(1:34) Warren Buffet and Berkshire Hathaway vs. income property
(8:00) A few words on Little Rock
(9:14) Introducing Dan Millman
(12:33) Comments on the success of Way of the Peaceful Warrior book
(15:56) How can we live the lessons of the Peaceful Warrior in our lives?
(18:27) On the concept of time as an illusion
(20:51) The source of stress, anxiety, and worry
(25:46) A few words about some of Dan Millman’s other books
(27:20) In closing: six words that could change your life
Visit the Peaceful Warrior at www.peacefulwarrior.com.
After an intensive, twenty-year spiritual quest, Dan’s teaching found its form as the Peaceful Warrior’s Way, expressed fully in his books and lectures. His work continues to evolve over time, to meet the needs of a changing world.
Dan’s thirteen books, including Way of the Peaceful Warrior, have inspired and informed millions of readers in 29 languages worldwide. The feature film, “Peaceful Warrior,” starring Nick Nolte, was adapted from Dan’s first book, based upon incidents from his life.
Much of Dan’s time is devoted to writing and speaking. His keynotes, seminars, and workshops span the generations to influence men and women from all walks of life, including leaders in the fields of health, psychology, education, business, politics, sports, entertainment, and the arts.
Dan and his wife Joy live in northern California. They have three grown daughters and two grandsons so far.
ANNOUNCER: Welcome to Creating Wealth with Jason Hartman! During this program Jason is going to tell you some really exciting things that you probably haven’t thought of before, and a new slant on investing: fresh new approaches to America’s best investment that will enable you to create more wealth and happiness than you ever thought possible. Jason is a genuine, self-made multi-millionaire who not only talks the talk, but walks the walk. He’s been a successful investor for 20 years and currently owns properties in 11 states and 17 cities. This program will help you follow in Jason’s footsteps on the road to financial freedom. You really can do it! And now, here’s your host, Jason Hartman, with the complete solution for real estate investors.
JASON HARTMAN: Welcome to the Creating Wealth Show. This is Jason Hartman, your host, and thank you so much for joining me today. I am recording from Tampa, Florida. And I’ve been here all week. And I’ve really been networking with some people in the industry, and learning about some different things going on, which have been quite amazing and enlightening. I am recording sans microphone right now, so pardon the background noise. But today is a 10th episode, and we have the great Dan Millman, who is author of many books, including The Way of the Peaceful Warrior, and I’m sure you’ll enjoy that very, very much. So he’ll be coming up in a moment. And you know, we veer off financial topics, and real estate investing topics, on every 10th episode. So we’ll talk with Dan in a few moments.
Warren Buffet and Berkshire Hathaway vs. income property
JASON HARTMAN: But before we do that, I just want to talk with you about something that was on the cover of the financial section—or the money section—of USA Today this morning. You know, when you stay in a hotel you always get USA Today, right? And it was bragging about Warren Buffet and Berkshire Hathaway, and of course, Buffet is known as the world’s greatest investor, as far as Wall Street, the modern version of organized crime, as I like to say. As far as Wall Street is concerned, Buffet is the best. It doesn’t get any better than Warren Buffet, when it comes to Wall Street type investments, right? What’s interesting is, they’re talking about how one share of Berkshire Hathaway is now over $202,000. $202,000. So, it has been quite an amazing ride.
I want to just compare that, for a moment, with income property, and with inflation. So we can keep this in perspective before we get to our guest, Dan Millman. One article that I read, it talks about what really separates Berkshire Hathaway apart, is that the company has had this incredible performance over the decades. And the stock has averaged—get this—I mean, this is amazing. Even in Wall Street. You know you can beat this with income property, because income property, of course, is a multi-dimensional asset class. Berkshire Hathaway is not multi-dimensional like income property. When it comes to Wall Street-type investments, the best you can get is the first dimension of appreciation, and I like to say that amateurs invest for appreciation, while pros invest for cash flow. And when we get appreciation, we consider it the icing on the cake. And it’s great, you know it’s going to happen when we get into bubble like appreciation, it’s extra, extra icing on the cake.
But pros invest for cash flow. They invest for income. So when it comes to Wall Street-type investments, you can get potentially two dimensions. You can get appreciation, or maybe depreciation, as is so often the case, at least in real dollars when you adjust for inflation. And you can get, potentially income, if you have a dividend paying stock investment. So, two dimensions. Whereas income property, you can get five, six, even seven dimensions, depending on how you look at it. And the dimension I add to that ideal formula where they say real estate is ideal—well, the dimension I add is what I call inflation-induced debt destruction. I know, it’s a mouthful. But it is a fantastic aspect, or dimension, to our income property investments. And, let’s just compare this phenomenal performance of Berkshire Hathaway for just a quick moment here. I’m not gonna go into this in detail, because it’s a 10th episode, and we’ve got our guest Dan Millman coming up.
But, 22.6% per year on average, since crossing its milestone in 1977. That’s what it’s earned since then on average. That’s phenomenal. I mean, it doesn’t get any better than that on Wall Street. Let’s look at that. So, if you bought a share of Berkshire Hathaway in 2007—so, seven years ago—that share, in 2007, let me just get the price here, was $140,000. Adjusted for the official rate of inflation today, that is, in today’s dollars, $161,000 and change. I am rounding a little bit, to save time, for purposes of illustration. So, $161,000. So, the share is actually worth $202,000. Based on the official rate of inflation, which has been a cumulative 15% since then, and we know in real dollars it’s much higher than that. But let’s just go with the official stats. So, you’ve made money. Because a share today is $202,000. You’ve beat the official rate of inflation.
How about 1998? For 1998, that share of Berk cost you $60,000. And today, in 2014, you have a cumulative official—not the real rate, just the official rate of inflation—of 46.2%. That share today would cost $87,000. Adjusting for inflation. But it’s really worth 202. So, Buffet has beat the official rate of inflation. Awesome. He’s done a great job on that one. Depends what time period; that’s why I’m giving you three time periods here. How about 1992? In 1992, a share was $10,000 and change. Today, according to the official stats, with the cumulative rate of inflation of 69.9%, $17,000. It’s really 202. Massive outperformance. Of course, you did have quite a big run up in the 90s, as we know.
But think about it, when it comes to income property. If you go to www.jasonhartman.com and you click on the properties section, and you look at any of those pro formas in there, it’s a standard pro forma return, of 20, 25% annually. That’s pretty easy. There are many that have returns expected at 45% annually. And I don’t have data with me. I could not do this quickly and easily. But we really should come back to it in a future episode. You should remember this episode, 400, because then, we will compare historical income property performance versus Berkshire Hathaway, versus the S&P 500. And we have done that in shows before. We haven’t compared it to Berkshire Hathaway, but we’ve definitely compared it to the S&P. It’s no contest, folks. Income property blows the doors off the S&P 500. And the Dow. So, it’s just no contest, when you look at income property compared to really anything. Even the best thing Wall Street has to offer, which is Berkshire Hathaway. Which is nothing. The world’s greatest investor. The fact is, you can do a lot better on your own with your income properties, and you can be in control.
And, the other thing to consider is that, how old is Warren Buffet today? He’s like 83, I think. Buffet’s not gonna be doing this much longer. What will happen when his successor takes over? Probably Charlie Munger, right? What will happen then? We don’t know. Maybe it will still be a great company. But it probably won’t be as great as before. That just remains to be seen.
Another thing I’m gonna talk about in an upcoming episode, and some of the listeners have been thinking about asking about it, is the impact of robotics on the economy. So I want to talk about the economics of robotics on a future episode. So, look for that.
A few words on Little Rock
JASON HARTMAN: And I just want to mention, before we get to our guest today, Dan Millman, about Little Rock Arkansas. We have had, since we talked about it on a couple of podcasts, and we played the audio portion of that video I found about Little Rock being the most tenant-unfriendly and the most landlord-friendly market in the country. Well, obviously we’ve had a lot of interest. And a lot of you keep buying the properties. Yesterday I think we sold three properties in Little Rock. Just yesterday, I believe it was. Or the day before, maybe. We’ve asked our local market specialist there to start holding properties for the tour, about one month before. So, again, for the next couple weeks, you know, we’ll still have a few properties come on the website, but they are going to start holding properties, and not releasing them on the website, and saving them for people who are joining us for the Little Rock property tour on, what is it, September 28th. End of September. So, register for that at www.jasonhartman.com, and we’ll look forward to seeing you there, in Bill Clinton’s hometown, Little Rock, Arkansas. We’ll just get to our guest, I guess, without further ado. Dan Millman, Way of the Peaceful Warrior, here he is, and I look forward to seeing you on the next few episodes, we’ve got some great stuff coming up. So here’s Dan Millman.
Introducing Dan Millman
JASON HARTMAN: It’s my pleasure to welcome a name you have probably heard of, and if you haven’t heard of the name, you may well have read some of his books, because they are fantastic. That is Mr. Dan Millman. He is author of Way of the Peaceful Warrior: A Book That Changes Lives, and The Creative Compass: Writing Your Way from Inspiration to Publication, and he’s also former director of gymnastics at Stanford University, and if you’re familiar with the Peaceful Warrior, you can see the connection there. Dan, welcome. How are you?
DAN MILLMAN: Doing great, thanks, Jason. Good to speak with you.
JASON HARTMAN: Way of the Peaceful Warrior, I’m guessing, is your most famous and most popular book. It’s certainly the way I became acquainted with your work, many, many years ago, and I just love it, I love the movie, I’ve seen the movie three times, went through the audio book once and the printed book once as well. It’s just a fantastic story, and there’s so many great life lessons in there that we all need to learn, and relearn, I would say. What was the inspiration for that book?
DAN MILLMAN: Many people I know who are authors, who happen to get lucky enough to find some success in the field, can look back and reconstruct their lives as if it all happened through some clever strategy and secret that we know for living. But actually, I just had a heartfelt desire to share my experience. I’ve been on my own quest for meaning, what is life about, what is the bigger picture, what’s beyond the usual life of having our nose to the grindstone and just kind of pushing ahead to try to be successful and happy, and I started to explore in my own life, not just how to create talent for sports, which when I was a coach, and I was a world champion athlete in gymnastics. Back then it was all about talent for sports. But then I came to expand my interest into talent for living. What does it mean to live well? What do we really want in life? And it seemed to me behind every search, Jason, whether it was a new car, more money, a good relationship, we believe those things will make us happy. Will do the trick, will once and for all give us a sense of satisfaction and fulfillment. And so, I began to explore that question of happiness. What leads to it? And what doesn’t? And what’s temporary, and what’s more lasting. And in a sense, all of us are on this quest. Whatever we think we need, we want that sense of happiness. And then later on, it became more about a sense of meaning and purpose and connection with other people, with ourselves, and with the bigger picture of life. So, that search led me on a, maybe at least a decade long intensive quest around the world with different mentors, and finally, it developed into an approach to living that I came to call the Peaceful Warrior’s Way, and I wrote a book to share my insight about that, and it just seemed to click. As we say in the writing field, if you captured the universal in the particulars of your story, then you’ve got something. And many people seem to respond to the story. I had no idea they would; I just needed to share it. And the rest has unfolded over the last 30 years.
Comments on the success of Way of the Peaceful Warrior book
JASON HARTMAN: That book has been just a tremendous success, and I know it’s had a lot of very positive impact on people in the world in general. We’re gonna talk here about your work, and the different books, and also about your latest book, and learn a little bit about, you know, writing, for those in the audience who want to write, or want to improve their writing, if they’re writing already, professionally. Tell us about the Peaceful Warrior, the success of that book. Do you know the numbers of how many copies it’s sold?
DAN MILLMAN: Well, I can only give a general amount. Millions of copies in about 29 languages worldwide. I say about because sometimes a book goes out of print in one language, and they print it in another, so it’s about 29 languages. When the book first came out, Jason, it was subtitled A Basically True Story. It blends autobiography with some fictional elements for the sake of story, based on something Pablo Picasso once said. He said, “Art is a lie that helps us see the truth.” So it’s not that I wrote something and called it a memoir, but actually fictionalized it. I’ve never called it a memoir. It is a story that combines fact and higher truth, but based on fictional narratives. So, when the book came out, that subtitle puzzled the bookstores. They didn’t know where to put it. Very few bookstores wanted the book, and it went out of print. I had a failed hardback. And it did so poorly, it sold so poorly, that the publisher said, just give ‘em the rights back. The editor was saying, wait a minute, we’re starting to get a lot of letters about this book, very enthusiastic. They said no, just give him the rights back, and let’s move on. Well, to his chagrin, about three years later, an old gentleman named Hal Kramer, who was 70 years old, discovered the book, and contacted me and said, let’s go out to lunch. So I said, okay. He said, I’d like to reprint your book.
And I said, well, how much money are you gonna give me for an advance? I was more sophisticated by then. And he said, how about $100? And I said, hmm. That doesn’t seem like very much. Well, how much are you going to spend on promoting the book? And he said, well, not much money at all, I’m just gonna write some letters to bookstores and tell them I’m back in business. And I said, well, how many people are in your organization? And he said, it’s just me. Now, my agent said, don’t go! Don’t do it! But I did it anyway. There was something about it that felt right. And now, 30 years later, and millions of copies out there in many languages, because—and it took him actually two years to get the bookstores to carry one copy in each chain. But then the magical thing that every author hopes for, is word of mouth. People started telling other people about the book, and that’s what happened over time. And it just expanded, and now, 30 years later, it’s still going strong, and as you know, they made a movie of it with Nick Nolte, in 2007 it was released by Universal Pictures, called Peaceful Warrior. And so, it’s not as if I have—that cliché we’ve all heard many times, 10 years to become an overnight success. It took a long time after people started reading the book and writing to my wife, said, Dan, people are asking more about this approach. What is the Peaceful Warrior? And how do you live this way?
And so, I made a cassette tape, about an hour and a half cassette tape, and we would sell it for $20 cash. People would actually send us money in the mail, and we could buy groceries. And then more and more people started. And I made a second tape. And a third recording. Pretty soon we had a brochure, a business, I started getting invited to speak places. So when people write me, Dan, how can I become a speaker, and author, I go, I haven’t a clue, because I can’t—there’s no trail of breadcrumbs. There’s no trail of stardust that people can follow. Many people claim to give formulas. But really, all we can control is our efforts. The outcome, we have to be a little more relaxed about. We can’t make things happen in life, as much as many will tell us that. But by making a good effort, we vastly increase the odds of success over not making a good effort. So that’s what I’ve done over the years.
How can we live the lessons of the Peaceful Warrior in our lives?
JASON HARTMAN: Let’s talk about the book itself. And I know this is, I’m sure, woven through a lot of your work. You know, when you consider the lessons of the Peaceful Warrior, there’s so many just profound, profound things. There are no ordinary moments. A warrior acts, a fool reacts. And all of these great, different little gems. I mean, they’re amazing. Let’s talk about how we can use some of these things in our lives. Maybe that hour and a half $20 cassette tape has a lot of that great content.
DAN MILLMAN: I have a story that might convey some of the core idea of a number that I convey in The Way of the Peaceful Warrior, and in my teachings over these years. I was in the gymnasium, and I was there alone, except for the old man, my old mentor I called Socrates, the old gas station attendant. He happened to be available that night, and he was watching me. And I did a dismount off the high bar. People have seen the Olympics. It was a multiple twisting double somersault, and I stuck my landing, which is a good thing in gymnastics. And I went, YES! And I figured, that was a good place to stop for the evening. So, I tore off my sweatshirt, through it in my workout bag, and we’re walking down the hallway afterward, and Socrates turned to me and said, you know, Dan, that last move you did was really sloppy. And I said, what are you talking about, Socrates? That was the best dismount I did in a long time! He said, oh, I’m not talking about the dismount from the horizontal bar; I’m talking about the way you took off your sweatshirt and put it in your bag. And he was again reminding me that I treated one moment as special, and another moment as ordinary. So he underscored again, there are no ordinary moments. That’s an illusion. This moment will not pass again. But then he added something. Which was profound for me.
And I actually got that line into the movie at the last minute, before they started shooting. Which, that’s when he said, Dan, the difference between us is, you practice gymnastics. I practice everything. In other words, he practices living. Walking, breathing, eating, signing one’s name, interacting with other people. It’s a constant practice to improve over time. And that makes life—it helps us get into the flow, and into the moment. When we don’t treat moments casually—when each one, as I’m spending with you right now—counts for something. Not in some stressful way, but in a way that is like being absorbed in a favorite sport, or throwing a Frisbee. When we’re really paying attention—this buzzword today is being mindful. But it really does pull us into the moment. Into the present moment, which is the only moment of reality. The rest is imagination and memory.
On the concept of time as an illusion
JASON HARTMAN: There’s some talk in the quantum world. They say that time is an illusion. You’ve probably heard that. Maybe you’ve written on it. When you talk about this present moment, and it will not pass again, and how there are no ordinary moments, do you have any comments on that time as an illusion concept?
DAN MILLMAN: On many levels, whether philosophers, metaphysicians, or scientists, or physicists, time is a paradox. Because on the one hand, there is no such thing as the present moment. Absolutely no thing. Any physicist will tell you that. If I say the word ‘now,’ did I capture the present moment? Or between the time I said ‘nnn’ to the time I said ‘ow,’ did a million nanoseconds pass by? Which nanosecond was the present? So in a sense, we can’t capture the present moment. But it’s a term we refer to, because in a sense, that’s all there is is the present moment. Imagine each of us—maybe your listeners can imagine themselves sitting in a boat, serenely, in a small boat, flowing down a big river carried by the currents. From someone on shore watching us pass by, we seem to be moving in a river of time, from past to future. But where we are, sitting in that boat, we’re sitting calmly in the present, always the present moment. So, we speak of the present moment simply as being attentive to what’s in front of us now. Rather than getting sucked into regrets about the past, anxieties about the future—the future never comes! It’s always now! And there’s always another future to imagine. Mark Twain said it well. He said, “I’ve had many troubles in my life. Most of which never happened.” Because they’re happening up in our minds, in the past and future. You know, many of us, I think your listeners might relate to the idea that we wake up some mornings with 16 or 20 things we have to do that day. What a busy day it’s gonna be! But actually, the reality is, we only have one thing to do when we wake up, which is open our eyes. And then sit up. And then put our feet on the floor. In other words, my life is quite busy. Yours probably is too. But my life is quite serene, because I’ve finally recognized, I can only do one thing at a time. I don’t have to do all those things at once. Even when I juggle, which I often teach in some of my workshops, as a metaphor for life, a form of dynamic meditation and so on. When I’m juggling, I’m only throwing one ball at a time. When I taught martial artists, multiple attacks—you only have to deal with one at a time. Sometimes in rapid succession. So the more we focus on this one thing we do each time, the more we call it mindfulness, the more presence we bring to life.
The source of stress, anxiety, and worry
JASON HARTMAN: I remember Og Mandino talking about how life is just a collection of moments, and you string those moments together, and that’s what’s called a successful life. But you know, it’s nothing more than just piecing those together. What, really then, Dan, is the source of stress, and anxiety, and worry? Is it just us fretting about the future, trying to project ourselves into control over something that’s gonna happen 10 minutes from now, or 10 hours from now, or 10 years from now?
DAN MILLMAN: One of the chronic human habits is playing God. In the sense of, we think we know what should happen, or what has to happen. But actually, we don’t know. Life is a spontaneous improvisational affair. We prepare for things that don’t turn out the way we thought they would. So, look. We’ve all heard the saying, luck is preparation meeting opportunity, and that sort of thing. In reality, yes, we can prepare ourselves. We can prepare physically, mentally, and emotionally, but we still take life as it comes. In other words, life comes at us in waves that we can never predict or control, but we can learn to surf the waves of change. And that is a human skill, and a spiritual skill, if you will, about life’s bigger picture. So there are practical things we can learn about how to approach life. For example, a very practical approach is to be successful at what we do, we have to be good at two things. We have to be good at what we do, and we have to be good at promoting what we do. Whether it’s a service, or whether we sell a product, because if we’re doing something positive for people, we can’t help them if they don’t know we exist. So, promotion, marketing, is a part of life. I let as many people as I can know about my books. I don’t know whether they should read it or not; that’s for them to decide. But I can at least make the effort to let them know about them. And so, that’s what we all do, in a very practical sense. But you know, Somerset Maugham, maybe a segue into writing, he once said there are three essential rules for writing a successful novel. Unfortunately, nobody knows what they are. So, there are no formulas, as much as people would like us to believe there are these formulas. There are bits of good advice, and principles that we can live by.
JASON HARTMAN: You mentioned everybody looking for the formula of everybody looking for the Great American Novel, as it were, right? There are some formulas. I mean, certainly the Hero’s Journey is a formula, right? And that’s a popular one throughout history, and it seems to be a successful way to tell a story, if you will. I know it’s not about writing a novel per se, but formula, no formula, you know, I sort of struggle…
DAN MILLMAN: You raise some very good points. There is a difference between a rule and a principle. Rules don’t apply to everybody. But principles apply to many people most of the time. So, yes, of course there are principles. In writing, about the Hero’s Journey, a reluctant hero like Luke Skywalker’s a great example—he doesn’t want to go on a quest, yet he’s forced to. In my new book, the Creating Compass, written with my daughter, a collaboration, we describe five stages—the universal stages of the creative process. So, certainly it’s a book on writing. But it’s also a book on any creative endeavor. Like, I bumped into David Blaine just the other day in New York. He’s a magician, and he’s working on new elements for his performances. And he’s going through the same thing as a writer might, writing a book. Those five stages are: dream. First would be, everything begins with a dream. And then the draft—when we bring those dreams into reality, through our efforts, we actually create something; through our own efforts we become a channel for these dreams. And nothing happens unless we do.
You know, thinking about doing something is the same as not doing it. And yet we do have to spend some time percolating. That dream phase is important. Then we draft. And we draft with beginning and end in mind. A vision we’d like to bring to the world. Then, many people skip the next crucial stage, and they jump right to the fourth universal stage, which is refine. So, in writing, they go from drafting, and they write it over a few times, and they polish, and they choose the right words, and do some cutting, and they think, okay, now it’s clean and ready. Finally they go to the fifth stage, which is share. To begin to promote, and share your book, your creation with the world. But often they don’t work. Somehow they don’t get an agent, or they don’t get published, or the book doesn’t do well when it’s published, because they skipped the third stage I haven’t mentioned, which is the develop stage. When we want to get candid feedback, test it, step back and revision: is this really what I wanted to create in the first place? Sometimes it needs a complete rewrite, completely going back to the drawing board. Those willing to do that, often that can make all the difference in the world. So, these five stages aren’t rules. They aren’t a formula for writing a successful book; they’re simply a description of what all creative artists go through, whether they’re painters, business people who go through a process from beginning to end. So, I think many of your listeners can relate to those stages in what they do, whether or not they happen to be writing a book.
A few words about some of Dan Millman’s other books
JASON HARTMAN: It’s a very good way to put it. Dan, tell us about some of your other books. I mean, the Peaceful Warrior was the big blockbuster, but, how many do you have total?
DAN MILLMAN: Actually, I’ve written 16 different books—
JASON HARTMAN: Oh, wow.
DAN MILLMAN: On various topics.
JASON HARTMAN: Okay.
DAN MILLMAN: We say, you learn—we teach what we need to learn. I must have needed to learn a lot, because 16 books over the last 30 years. By the way, I should mention, for those not familiar with my work, who wonder, what is a Peaceful Warrior—it really is about having—we’re all striving for a peaceful heart. But there are times we need a warrior’s spirit in life. Male, female, no matter what our age, both of those things are important; it’s about having our head in the clouds but our feet on the ground. So that idea, that term has appealed to many people, because it applies to all of us. It’s not a club you need to join, or an initiation fee. It simply describes all of us in daily life doing our spiritual weightlifting on planet earth. The other books describe other facets. I have a book titled No Ordinary Moments. Another book, The Life You Were Born To Live, a more recent book, which is really a compilation; provides a context for my work, it’s called the Four Purposes of Life. And many other books. The Journeys of Socrates, a novel, and Everyday Enlightenment, talking about 12 gateways to what really constitutes personal growth and development.
I found it necessary to write all those books. You know, Stanislaw Lec, who wrote a book called Unkempt Thoughts while in a concentration camp in World War II; he said, I wanted to tell the world just one word. Unable to do that, I became a writer. I know we’re drawing toward the close, Jason, and I do want to mention, a young man came up to me once and said, Dan, I know you charge a lot of money for your personal consultations, but I’m a poor college student, I only have a dollar with me. What can you tell me for a dollar? So, I smiled at him, and I told him six words that could change his life, and could change the lives of your listeners as well if they really practice this. And those six words were: here and now: breathe and relax. You asked about stress before. Stress happens in our lives when the mind resists what is. That’s why I got into the idea of how we play God, we think we know what should be. But if we learn to surf the waves of change—if we learn to use what comes our way for our benefit, we experience less psychological stress. And when we remember to breathe and relax, we have a practical way of dealing with tension. Because stress without tension, and stress with tension, are very different experiences.
JASON HARTMAN: It’s stress versus eustress, I think is the scientists have that name, eustress. So, that’s fantastic. Fantastic insights there, Dan. Your website is www.PeacefulWarrior.com, and there’s just a lot of great content on there, so thank you for providing that. You can look at Dan’s work at www.PeacefulWarrior.com. And of course, if you look on Amazon, you’ll see that his books have many, many reviews, fantastic, 4½ and 5 star ratings, they’re just great. So I’d really encourage our listeners to go out and take a look at it. Dan Millman, it was great talking to you. And thanks for joining us today!
DAN MILLMAN: It was really a pleasure, Jason. Thank you.
ANNOUNCER (FEMALE): I’ve never really thought of Jason as subversive, but I just found that’s what Wall Street considers him to be!
ANNOUNCER (MALE): Really? How is that possible at all?
ANNOUNCER (FEMALE): Simple. Wall Street believes that real estate investors are dangerous to their schemes, because the dirty truth about income property is that it actually works in real life.
ANNOUNCER (MALE): I know! I mean, how many people do you know, not including insiders, who created wealth with stocks, bonds, and mutual funds? Those options are for people who only want to pretend they’re getting ahead.
ANNOUNCER (FEMALE): Stocks, and other non-direct traded assets, are losing game for most people. The typical scenario is: you make a little, you lose a little, and spin your wheels for decades.
ANNOUNCER (MALE): That’s because the corporate crooks running the stock and bond investing game will always see to it that they win! Which means, unless you’re one of them, you will not win.
ANNOUNCER (FEMALE): And, unluckily for Wall Street, Jason has a unique ability to make the everyday person understand investing the way it should be. He shows them a world where anything less than a 26% annual return is disappointing.
ANNOUNCER (MALE): Yep, and that’s why Jason offers a one book set on creating wealth that comes with 20 digital download audios. He shows us how we can be excited about these scary times, and exploit the incredible opportunities this present economy has afforded us.
ANNOUNCER (FEMALE): We can pick local markets, untouched by the economic downturn, exploit packaged commodities investing, and achieve exceptional returns safely and securely.
ANNOUNCER (MALE): I like how he teaches you to protect the equity in your home before it disappears, and how to outsource your debt obligations to the government.
ANNOUNCER (FEMALE): And this set of advanced strategies for wealth creation is being offered for only $197.
ANNOUNCER (MALE): To get your creating wealth encyclopedia, book one, complete with over 20 hours of audio, go to www.jasonhartman.com/store.
ANNOUNCER (FEMALE): If you want to be able to sit back and collect checks every month, just like a banker, Jason’s creating wealth encyclopedia series is for you.
ANNOUNCER: This show is produced by the Hartman Media Company. All rights reserved. For distribution or publication rights and media interviews, please visit www.HartmanMedia.com, or email [email protected] Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, or business professional for any individualized advice. Opinions of guests are their own, and the host is acting on behalf of Platinum Properties Investor Network, Inc. exclusively.
Transcribed by David
The Jason Hartman Team
Episode: CW 400: Finding A Piece of Inner Peace with Dan Millman NY Times Best-Selling Author of ‘Way of the Peaceful Warrior’
Guest: Dan Millman
iTunes: Stream Episode