Ep620: Robert Glover – Start Building a Wisdom Council When Young

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Quick take

BIO: Dr. Robert Glover, coach, speaker, and educator, is a relationship expert with over 40 years of professional experience.

STORY: Robert went shopping for a pop-up trailer, and when he found one, he bought it before inspecting it thoroughly. His gut told him this was a terrible idea, but he ignored it. The trailer turned out to be useless to him. He sold it off for half what he’d paid for it.

LEARNING: Listen to your intuition. Suffering is also the path to joy. Don’t get too attached to anything.


“Have a wisdom council that you go to when you have to make important decisions.”

Robert Glover


Guest profile

Dr. Robert Glover, coach, speaker, and educator, is a relationship expert with over 40 years of professional experience. The author of the groundbreaking, No More Mr. Nice Guy, Dr. Glover has helped thousands of men and women worldwide get what they want in love, sex, and life.

Worst investment ever

In the early 90s, Robert was a poor entrepreneur trying to build his counseling practice. Money was tight at the moment. His family vacations were camping. Robert really wanted something that would accommodate the family, but he didn’t have much money.

Robert decided to buy a camping pop-up trailer. He knew he couldn’t afford a new one, so he started looking on Craigslist and found one. Robert had saved up about $1,000. He took his wife, and they went to look at this particular trailer. It was an old Coleman hardshell pop-up that seemed like just what he was looking for. It was old but not terrible. Robert thought he could fix it and give his family something to camp in. So he talked with the owner, reached a deal, and signed off on it. When it was time to crank the trailer up, it refused. Robert felt uneasy but had already agreed, signed the sales paper, and handed over the money. He was already visualizing how he could pimp up the trailer and go on camping trips. But something just felt wrong. Unfortunately, he overrode that feeling.

Robert managed to get the trailer home, but it was a challenge to get the pop-up raised. He then started working on the trailer, got it fixed up, and finally, on the United States Memorial Day, Robert’s family joined some friends who had a pop-up camper trailer. They went out camping at the ocean shores in Washington State. It rained all weekend long. When Robert tried to get the pop-up down, it refused. The best he could do was to get the lid down. The cogs for the wheels that make it go up and down were faulty.

When the family returned home, Robert put the trailer in the garage. He tried to replace the faulty parts for weeks, but none of the dealerships sold them. So the trailer sat in his garage for a long time as a painful reminder that he’d ignored his gut. He advertised it, and luckily, somebody came in and bought it for about half what he’d paid for it.

Lessons learned

  • Take advantage of opportunities when they come but don’t get too attached to a specific outcome and override your senses.
  • Listen to the intuitive sense within you.
  • Check in with people who know you well. Tell them what you’re thinking and feeling, and ask them for their feedback.
  • Suffering is also the path to joy. The mistakes you’ve made that caused you to suffer can be transmuted into joy and better decisions.

Andrew’s takeaways

  • Try to raise your awareness of intuition because that’s the first indication of whether something’s good or bad.
  • Make sure you’re not attached to objects or relationships because things come and go. So don’t try to hold them too tightly.
  • When trying to make a decision, talk to someone before you act.
  • Listen to your intuition.

Actionable advice

Start building a wisdom council when you’re 16. Find somebody who can ask you the right questions and let you make your own mistake. Your council shouldn’t consist of your friends, who are just as stuck and clueless.

Robert’s recommended resources

Robert recommends reading books by Thích Nhất Hạnh, a Vietnamese monk nominated for Nobel Peace Award by Martin Luther King, Jr.

No.1 goal for the next 12 months

Robert’s number one goal for the next 12 months is to build a membership community and make it available to everyone on the planet, regardless of age or income, where they can find a tribe, community, and resources. He also plans to finish three more books that he’s working on.

Parting words


“Thank you. This has been fun.”

Robert Glover


Read full transcript

Andrew Stotz 00:02
Hello fellow risk takers and welcome to my worst investment ever stories of loss to keep you winning in our community. We know that to win in investing, you must take risks but to win big, you've got to reduce it. Ladies and gentlemen, I'm on a mission to help 1 million people reduce risk in their lives. That mission has led me to create the become a better investor community in the community. You get access to the tools you need to create, grow and protect your wealth. Go to my worst investment ever.com right now to clean your spot fellow risk takers. This is your worst podcast hosts Andrew Stotz, from a Stotz Academy, and I'm here with featured guests. Dr. Robert Glover. Robert, are you ready to join the mission?

Robert Glover 00:47
Andrew, I'm already having a good time just listening to that introduction.

Andrew Stotz 00:53
Yes, I have been practicing my radio voice. So. All right, well, let me introduce you to the audience. Dr. Robert Glover, coach, speaker, and educator is a relationship expert with over 40 years of professional experience, the author of the groundbreaking no more Mr. Nice Guy, Dr. Glover has helped 1000s of men and women worldwide, get what they want. In love, sex, and life. Oh, my goodness, tell us a little bit about the unique value you are bringing to this world.

Robert Glover 01:28
Oh, man, I feel like I gotta work on my radio voice. Thank you. Oh, you know? I don't know, they say here's the exact thing. I'm making a difference in the world. I get emails from people everyday thing saying, Dr. Glover, thank you. Thank you for writing your book, thank you for doing what you do. You changed my life. You saved my life. You've been following me around for years. And, and you know, I like knowing that I make a difference. I get emails from people saying, Robert, you're like the good father I never had, you're the good mentor I've always wanted. And I like knowing that I like knowing that I make people's lives better through what I teach, and what I write and the work that I do.

Andrew Stotz 02:16
That's, you know, such a great feeling. And for the audience out there, you know, you've you've written this great book, you've got more than almost 8000 reviews, you've on Amazon, you've got to 4.6 I think out of five or so, on average, that is tremendous. You're obviously adding a lot of value. But I want to ask you, why did you write that book? Anyways? What was it that spurred you to do that?

Robert Glover 02:42
Oh, now we're doing a normal type interview. For me, this is what I talk about a lot. Like I said, I've been looking forward to this interview because you're going to take me way out of my comfort zone. You know, I'm a nice guy. I'm a recovering nice guy. I grew up believing if I just treat everybody well avoid conflict, do the right thing. Then I'll be liked and loved to get my needs met and have a nice, smooth problem free life. And a couple of years into my second marriage, I realized that something's wrong with his plan is not working. Right. So short story. My second wife said, You need to go get help, because I'd rather be married to a jerk because at least a jerk, you know, treats me bad all the time you treat me nice, and then you don't, and then I don't anyway. So I went to therapy to find out why me being a nice guy didn't make my wife love me more and be in a better mood and be happier. And luckily, I found some really good materials. I was already a therapist, myself, I already had a PhD in marriage and family therapy. And I started learning about boundaries and honesty and self care and vulnerability and transparency. And in just just a lot of good tools that let me show up in the world and in relationship, you know, more authentically, and. And then as I started noticing a lot of the men coming to me for therapy with a wife or girlfriend often or sometimes on their own. We're saying the same things I was saying, I'm a nice guy and one of the nicest guys you'll ever meet, I treat her better than her ex I'm raising her kids. I give her everything she wants. I'll do anything to make her happy. But it's never enough. It's never good enough. She's never happy and she never wants to have sex anymore. But I can finish their sentences for them. So I started that 25 years ago, maybe a little bit maybe almost 30 years ago started my first no more Mr. Nice Guy, men's group and we met every other Wednesday night. And I dedicated my Wednesdays to just start writing and I never perceived myself as a writer and I didn't set out to write a book. But I in hindsight, I've always written to to express myself. So I just started writing I guess chapters of just stuff I was learning how how did we what is the nice guy paradigm? What's wrong with it? How did we get it what works better, how to more effectively get what we want, and love and sex in life. And I just kept writing just almost just kind of free associating and I had kind of a scientist mind And so you know, I'm inquisitive. And I want to know and understand things. And probably a lot of the same way you approach finance and helping to educate people around finances. So I just kept writing. And then these guys and their wives and girlfriends kept saying, Robert, you should write a book, you should go on Oprah, this could be a best seller. There's a lot of people that need this. So I did for six, seven years, I kept writing. With about three different revisions, I got really comfortable with what it looked like found an agent. And it took another three years to find a publisher. And publishers kept saying, I mean, a lot of editors and big houses said, Robert, I like your books, good books were written, but and they all had the same, but our marketing department says men won't buy a self help book, especially one that tells them they're losers. know these guys. And that was kind of pre Amazon blowing up in the way it is in the publishing marketplace. Now, guys, I know, go they though. They'll hear about a book like they might hear about book on a podcast, they'll go to Amazon, people bought this book, bought this book, buy this book, and we recommend this. And guys will click on all of them and buy them whether they read them or not, I don't always know. But to buy books. And so finally found a publisher came out in print in 2003. So we're coming up on a 20th anniversary. And royalty checks keep getting bigger every year. And it just said over 8000 reviews on Amazon. So apparently men do buy self help books. They do want and do want to grow and challenge and you know, not make the same mistakes over and over again.

Andrew Stotz 06:31
So I think for the listeners out there, I'll have the link in the show notes. Just go to Amazon no more Mr. Nice Guy, you'll be able to download it, listen to it. And get it on Kindle be about Yeah. Yeah. So I was asking the question. I mean, I've read a lot of books, I was asking the question to myself, Why have I not read this book. And I went through and I've gone on the internet and looked at every different review, I can find of it and try to understand what people were talking about what you're talking about. And it goes back to, I definitely have been a nice guy all my life. And I was a particularly serious, nice guy when I was younger, and basically I had a drug addiction at a very young age. And I went into rehab. First at Fairview Deaconess Hospital in Minnesota when I was 16. I came out of that rehab, and within four days, I was getting high again and ran away and basically decided I was gonna live my life on my own. Luckily, my parents and the cops grabbed me and basically got me into a hospital at called Baton Rouge General Hospital in Louisiana. And I and then I later went to another treatment center outside of Cleveland, Ohio called New Directions, where I stayed for seven months in that treatment center. But I just was thinking about One memory I had when I was thinking about this discussion, and that was my counselor rollin Manor. And he was a really great counselor down in Baton Rouge. And at one point, he had me stand up in the ground and in the group. So I've been through about 2000 hours now of group therapy and individual therapy through all of this nearly a year in rehab. But he had me stand up and stand in front of a mirror and he said, look at yourself, you know, you're almost six foot tall. You are, you know, you're a big guy, and you know all this, why do you always look at yourself in such a, you know, small way. And really that started to help me and then I started to learn about boundaries, I started learn about standing up for myself, I started learning how to express myself and realizing the value of that. And not not to the other people. I mean, I do like the fact that people follow me or respect me when I stand up for what's important. But I also just saw that that's just so true to myself. And then what I find now is I'm older, and I look back. And I see all these people get tangled up in messy situations. And they just think, why would they allow themselves to be treated that way. And I just kind of realized that all those times that I had in therapy and times in a 12 step program. Now it's been 40 years that I haven't had an alcohol or drugs in my life, I realized that a lot of what I learned at that time was to stand up for myself. So I'm still a nice guy. But I'm not a nice guy in the sense that I don't give up my boundary. So that's the reason why I never really searched for the solution that you provide in this book. What do you think, am I am I confused?

Robert Glover 09:30
You sound very clear, actually. And actually, I began my personal recovery in a 12 step group as well. My my then ex second wife said, You're a sex addict, you need to go so I went to a 12 step group for sex addicts quickly found out I wasn't having enough sex to be a sex addict, but I landed is a group of all men who they had some pretty gnarly stuff going on in their lives. I'm sure you've heard some gnarly stories yourself. And for the first time in my life, I began to be open and vulnerable. Books and talking about things that shame about and fear, guilt about things. I've done things I thought. And it was the most liberating thing I'd ever experienced. I grew up in a fundamental Christian church, we hide everything, critical father, hide everything, angry feminism of the 60s and 70s. Hide everything, don't be the bad man. And 12 steps is where I really was my first step towards recovery. And one of the things I love and a person who's never done, any kind of addiction recovery might be confused or bewildered. As you know, a lot of people when they introduce themselves in a 12 step meeting will say something like, I'm a grateful recovering, fill in the blank, alcoholic drug addict, and an outsider's gonna look at that and go, Why would you say you're grateful for this thing that you know, put you into treatment and putting ruined your life or broke this or, and you know, I'm a big believer in big sticks. And that may be partly what your podcasts and books are about, is the big sticks that wake us up and bring us into consciousness. And addiction can be that big stick where you just you hit a low that you got to do something different. And you go looking for answers. And 12 step has been providing answers. My book is a big stick to a lot of people, men and women, even those written towards men were men have been trying all their life. And they're living out this paradigm, this roadmap that they think should work. And when it doesn't, they just keep trying harder doing more of the same, like a good addict does. And then all of a sudden, the book, you know, one guy told me he was in a bookstore and a book fell off his shelf and hit him on the head. And you know, in this book, is the big stick. And so many guys will write me said, Robert, I've read like every self help book out there gone to every, you know, self help personal growth seminar there is, and it wasn't till I show you how you laid out the nice guy syndrome, and why it leads me to do the things that I do that I got my wake up call, and it changes their life. I mean, it can literally turn a life around. So I'm a big fan of big sticks. Whether it's addiction recovery, you know, finding God. I keep a relationship breakup, a major financial setback, the big sticks are what get us on a path of consciousness, and consciousness. That's where you live.

Andrew Stotz 12:29
So next time that somebody says, you know, I've got this terrible problem, we can say, Oh, wow, what an exciting opportunity.

Robert Glover 12:37
Carl Jung used to say that, you know, people say, Oh, I got fired from a job or my wife said, she wants to divorce you get out of the bottle of champagne and go great. But if the guy said, I just got a promotion, he'd go, Oh, that's too bad. Let's talk about that. Because you're not going to learn stuff when things are going well. That's why you know, I love you know, without everyone listening to one of your podcast interviews, when you invited me to come do it, I thought, What a great idea of let people talk about their mistakes and what they learned. And because, you know, what else do we have? You know, Billy Joel has a song about suicide. And he says, Your mistakes are the only thing you can really call your own. You got to go make a few mistakes. If we want to learn anything,

Andrew Stotz 13:20
nobody's going to go and claim those. Yeah, well, just to wrap up this, I just want to, you know, address the audience too, if you're facing any type of addiction, and I like to say that I was addicted to getting away. You know, I was addicted to finding something that would get me away from the present reality, it could be alcohol, it could be drugs, it could be sex, it could be anything, you know, and so the point is, is that if you've got that type of problem, first of all, read this book number two, reach out for help and there's 12 Step programs all around the world. So now it's time to share your worst investment ever and since no one goes into their worst investment thinking it will be tell us a bit about the circumstances leading up to and then tell us your story.

Robert Glover 14:07
All right, this is you and I were chatting before we hit record. I figure I imagine you hear lots of stories not just oh i i made a mistake investing in this bond or this property or this my story does not sound like an investment story and probably you hear a lot that aren't but but their mistake that was valuable and was helpful and we learn from so my worst investment ever was buying a used pop up camping trailer. Again, I don't think most people are gonna think in terms of Well, wait a minute. We're not talking about investment device advice, but here's the situation. I was probably around 1992, early 90s I was in my early to mid 50s or 30s. I mean 30s In knew a couple of years into my second marriage, I had a young son from my first marriage, my second wife had three kids. And she was going to school and I was building my counseling practice. So, you know, a poor entrepreneur trying to make it go and pay off the expenses of a previous divorce. And so money was tight. And so you know, our vacations, we're just camping is what my family did. When I was a kid growing up, we'd go camping, and so you know, I tent and we go camping and stuff, but I really wanted something that would accommodate the family, but I didn't have much money. So in my business, occasionally, people would pay me in cash. And so I'd make a note of it, and then, you know, just kind of sock away the cash. And, and I just, I decided I wanted to buy a camping trailer, and a pop up trailer seemed like the best way to go. And I knew I couldn't afford a new one. So I started looking at Craigslist, and, you know, classifieds. And, and, and found one, and I'd saved up about $1,000. And that was a lot of money. For me, that was a lot. And so I took my wife and we went to look at this particular trailer, and it was kind of an older Coleman hardshell pop up with, you know, the tent that comes up and has a hard top on it. And, and it seemed like just what I was looking for, it was older news, but it wasn't terrible. And, and so we're talking, you know, I'm looking at it, I could fix this up, I could put some new carpet in it and paint the inside my wife and I could make some drapes and put in it and, you know, this would work just to give my family something to camp in. Well, when I was looking at the trailer, it was up. And, you know, extended we walk in and stuff. So we talked and reached a deal. And you know, and I had my money and and you know, we were signing off on the paper on it. And then and then they go to crank it down, it didn't have an electric, a manual crank is cranking out, remember, they cranked it or I did, I got an uneasy feeling. And that's the moral of the story is the uneasy feeling. It was going down, it didn't seem super smooth. It seemed a little jittery. And then when they finally got it down, they kind of had to push it a little bit to do the clamps. And again, I can't remember I was the one cranking it and feeling it wasn't as smooth as it. But you know what I'd already agreed and ordered we were already signed in paper and already was handed over money. And I really, really wanted a camping trailer for my family had been saving for it. I was already visualizing the ways I could, you know, pimp it up and you know, fix it up and camping trips. But something just felt wrong. It just felt wrong. And I overrode it. And so we pulled it home, we had a trailer hitch on the car, got it home, got it in the driveway, and went to raise it. And it was kind of a challenge to get it raised up. And I still was not feeling good. And then so we went to work, you know, putting a little money inside it, getting it fixed up and finally Memorial Day United States Memorial Day weekend came along, we had some friends who had who had a pop up camper trailer as well, I'd forgotten about that. That was one of the reasons that I was motivated because they had one they liked it. And I thought this would be great. And so again, trying to get it back down in my driveway, and it took work and then but I got it down, got the clamps to get it. And then we went out camping to the ocean's ocean shores in Washington State. And, and it rained all weekend long, just poured rain all weekend. And you know, of course, there were some leaks coming here and there in the trailer. And I'm already feeling like that I make a mistake, and I blow it. And then when it was time in the pouring rain to try to get it back down. It just, it was almost all I could do just to get the lid down. And I got home and put it in the garage and, you know, called you know dealerships and oh, we don't carry that part. You know, the cogs, the wheels that they're making go up and down. So it sat in my garage for a long time as a painful reminder of a not so much a bad investment. But not listening to my gut not paying attention to my senses and what they're trying to tell me. Now. The good news is that we advertised it and somebody came in bought it for about half what I paid for it. I think they'd gotten laid off and maybe were homeless and they were going to live in it. I said, Well, I gotta tell you, I'm gonna be honest in ways that the other people were not. The cranking mechanism doesn't work well. And they go, we'll make it work. I go, Okay, it's yours. So I sold it for probably half of what I paid. So that was 30 years ago. And you know, that's been a valuable lesson in many ways just in life in general. That to listen to my got to do to, you know, take advantage of opportunity when they come but to not get so attached to a specific outcome that I override my senses. And that was a big piece of it, I just really wanted a camper trailer bad. And so that's that's been, you know, the it was worth $1,000 of pain I went through, because I've made a lot of much better decisions since that time. And I always I've learned to do a couple of things. Just listen to the intuitive sense within me. Does it feel right? And then I will often check in with people who know me well, and say, here's what I'm thinking, here's what I'm feeling. Here's what I'm looking at. I get your feedback. I used to over research stuff. Now I can make a decision pretty quick. But like, for example, I hired a financial advisor about four or five years ago, he was at one of my workshops and he said, Robert, you've helped me a lot, I want to help you. And because I wanted to set up a 401 K and get my finances moving forward. And so I did all my due diligence, and I got my wife and I on an airplane she doesn't speak English, flew from Puerto Vallarta, Mexico to San Francisco. I wanted her to meet him, because I trust her intuitive gut feel. And so I've learned to both trust my own gut, and to bring along people with me that aren't going to be swayed by my Oh, I'm caught up in the shininess of kind of bring it fast forward to this year, I bought an RV. I wasn't looking for what I actually just googled, I'd rented a Mercedes Sprinter van to go camping in the desert with friends in California. And so I just Googled up in Seattle where my mother still lives and where my wife and I usually go camping is up in Washington State. What is the US Sprinter van cost? So I put in 2016, Mercedes Sprinter van. And the first thing that came up was as Winnebago RV on a sprinter van chassis 2016 I'm looking that's beautiful. I wasn't looking for anything like that Google's amazing. But the price of it, you know, once all said and done, I bought it for $86,000. A new one is 200,000. I bought it sight unseen. It was a woman that owned it, traded it in for a smaller version at a car dealership up in Seattle, the guy said shoot me some videos, he shot videos sent me the Mercedes report that had it taken and I look at it and I go everything the gut, my gut said by it. Yeah. And I think it's one of the best investments and camping in it this summer, I can see that, you know, is my wife's kids get older and we have more time to travel. I mean, it's beautiful. It's just perfect. We've been camping in it, love every bit about it. And then one other little piece. I tried to stay debt free. I bought a house here in Mexico six years ago, paid it off in three years. If I buy a car, I pay cash, everything I pay cash. And so I saw this RV. I thought well, I don't really want to take 86 grand out of my bank account. So I asked about financing. And the guy said, we'll let me I'll get back to you. And they said, alright, we'll finance it for six years at four and a half percent interest. And I thought that's a no brainer. I tell my financial advisor and he goes inflation 7%. And claiming they said that's like free money. So I actually finance something that is against my general principle. But it made sense as a good financial decision. Because my dollars in six years are gonna be worth a lot less than they are to me right now.

Andrew Stotz 23:41
So I also assume that if you, if you finance something that means is a third party that's got to kind of look at the reliability of this, is this asset really worth what it's worth? I personally do because you're gonna end up with it if I don't make exactly so. So third party in, in a sense, the third party

Robert Glover 23:59
in took my wife to you know, we went up to look at it. Well, I had already bought it or even looked at it or drove it. And it felt right, based on the mistakes I had made 30 years prior.

Andrew Stotz 24:12
Yeah. So let me maybe I'll summarize some of the things I take away from this. I think one of the lessons that I've learned is, originally I understood feelings, but I didn't understand intuition until I did this podcast. And what I've learned from interviewing 600 People now is that intuition is one of the most important things that we have to prevent ourselves from doing the wrong thing. Now, of course, we can get misled by intuition. But intuition is not feeling in the sense that we feel good or we feel confident or we feel afraid or something. Intuition is just a momentary emotional kind of impulse that we've that we get. That's like a perception of something. And one of the lessons that I've learned I think you reiterate, this is And it's important for all of us to try to raise our awareness of intuition. Because that is the first indication of something's good, bad, or whatever. That's the first thing. Second thing is, you mentioned the word attachment. And one of the things about living in a Buddhist country is that, you know, in Buddhism, it's about not getting attached to anything.

Robert Glover 25:27
Everything is the cause of all suffering. Yeah,

Andrew Stotz 25:30
exactly. And so everything, you know, falls away. And so I've really spent a lot of time myself trying to make sure that I'm not attached to any objects, even relationships, I think about you know, I live my mother lives with me here. And we are obviously attached as a mother son. But you know, this is all just part of life. It life is just a flow, and we're in the middle of it. Things come and go. And don't try to hold them too tightly. There's a great rock song. I remember that says that, that what you wanted to control? You know, you lose, I forgot the name of the band. But

Robert Glover 26:11
it was the police. Yeah, if you love something, let it

Andrew Stotz 26:15
go. Yeah, yeah. And. And then the last one I wrote down was talk, you know, I wrote down talk slash research. And that's another thing that's really important when you're going into a decision, talk to some people about it. And I have a trusted group of people that I would call, I would say, you know, they're interested in my well being, but man, they're critical. And I got, I got a particular friend of mine, he just a real, real critical guy when it comes to these types of decisions. And I call him and I asked him, What do you think about this, and a lot of times, they'll just rip it apart. And then all of a sudden, I'll start to, you know, think differently about it. So three lessons that I take away, and I think the listeners can take away number one, listen to your intuition. Number two, don't get too attached to anything, because it can drive us to do silly things. And number three is talk to someone before you act. And I'll just tell a quick story. Robert, I got out of treatment, my first treatment center, and I went to a 12 step program, and I got a sponsor, and he says, here's my number, you know, call me, you know, anytime that you feel you need to talk. So four days later, I was smoking pot in my parents house, I was waiting for them to leave for the evening. And I had acquired some pot, and I couldn't even wait until they left the house. I had to smoke it. And so I was in my sister's room at that point. Nobody was in there. And I started getting high right then. And that was my relapse, my first relapse. And then I called my sponsor, and I told him what happened. He says, You idiot, you're supposed to call me before after. And so call and talk to a friend before you make the decision. Anything else that you would add to that?

Robert Glover 28:04
Oh, man, I love those three talking points. I'm trying I got my my public speech training in debate in high school. And then I was a minister for eight years. So I love how you just broke it down. And just a nice easy to follow outline, right? Yeah. Yeah, the intuition, I think will tell you when something's wrong, and it'll tell you when something's right. It told me something was wrong with the popup trader, it told me something's right with the Winnebago. And it was right both times I listened to it once. I didn't the other time, and I paid a price. And yeah, I'm a big fan of the Buddhist principles of impermanence and, and attachments, the cause of all suffering. But suffering is also the path to all joy. These mistakes we've made that have caused us to suffer, it can be transmuted into joy and into better decisions. So yeah, have a wisdom council that you go to when you have to make important.

Andrew Stotz 28:59
That's a good, that's a good, a good name for the wisdom Council. I remember giving a presentation about one of my businesses, my coffee business that my best friend and I have here in Thailand, it's a factory and all that. And we were asked to give a speech to the American Chamber of Commerce. And I said, I would like to introduce you to our board of advisors. And I said, Here's Stephen Covey. Here's Dr. W. Edwards Deming. Here is and I went through some of the most of his Brian Tracy, here's some of the most famous people in the world and they wonder how the hell did you build that advisory council. And then I showed all the books that they wrote. And I said, we've read all of these, we've studied them, and we listen to what these guys have said, and a lot of what we do is coming from their book, we never talked to them. So I think I'm gonna have to add you to my advisory council now and show your book and show your ideas. Now, let's think about a young person right now who's facing a decision, and they're going into this decision somewhat similar to what you want. into based upon what you learned from this story and what you continue to learn what what action would you recommend our listeners take to avoid suffering the same fate?

Robert Glover 30:09
Yeah, especially a young person going into something new. You have no way of knowing what you're getting into, you have no way of knowing what's on the other side of you know, the consequences costs, you know, benefits even you just have no way of knowing. And a yeah, let's start building a wisdom Council when you're 16. And I had some good people in my life. I'm grateful for I Mrs. Cow Berg was one of those people, she went to the church, I went to her and her husband and successfully built a very good business and she bought rental homes, and in a community of Bellevue, Washington. Now, we're Bill Gates and Jeff Bezos lived. So those rental homes long ago, they've got tall skyscrapers on it. But she used to have me come work with her to clean them to paint them to help fix them up. And she would just give me she'd asked me questions about my life, and about where I was going, and about girls I dated and just, she was, you know, a good listening ear who every now and then just by the questions you would ask, she didn't have to even tell me

Andrew Stotz 31:16
any take it down. And then she leaves.

Robert Glover 31:19
The questions were just helped me see what might be on the other side of a path I was going down. So yeah, find somebody who can ask you the right questions, let you make your own mistakes, because that's, again, how we learn. But you know, give you enough rope that gives you leeway, but not enough that you hand yourself. So build, build a wisdom Council, and it's not, it's usually not your friends, who are just as stuck and clueless.

Andrew Stotz 31:52
And so I'm thinking about, you know, and I want to think that for a young person, let's say you're 16, as you said, to build a wisdom council at a young age, pick the person that you see around you that you admire the most outside of your friends and family, maybe someones father, maybe a teacher, maybe something and then seriously from today, go to them and ask them, I am forming a wisdom council because I want to be better in my life. And I would like you to be part of it. It doesn't require a lot. Just occasionally, I'm going to ask you a question and get your advice, would you be willing to do that? And you'd be surprised how much people are willing to give to young people, students, that type of thing. And you will be able to build that. And what a great piece of advice really, I wish I had had the guts to do that and had the knowledge to do that. So I think that's a great one. I'm grinning

Robert Glover 32:45
from ear to ear here. And you say that what, what if every 16 year old kid had two or three people that you know, have learned from their mistakes? And they're wise, and could just give them feedback when it Oh, man, what? What a difference that

Andrew Stotz 33:01
would make lots of gold in that recommendation. So what's, what's a resource that you'd recommend for our listeners, besides the wisdom Council?

Robert Glover 33:10
Yeah, well, that's off the table. Right? I can't I can't recommend that, you know, you and I both hit on on some of the Buddhist stuff. And I don't. I don't identify as a Buddhist, I don't identify as religious and I do have two degrees in religion, but I don't identify as religious. But I would say, take some time. What here's a resource, go buy some books by tick, not Han. Vietnamese monk just passed away this past year, but he's nominated for Nobel Peace Award by Martin Luther King, Jr. was instrumental in the peace movement and during the Vietnam War, and just yeah, just just go buy a book or to any book by ticket icon. And, you know, don't ask me to spell it.

Andrew Stotz 33:56
Yeah. Put it in the show notes. Put it in our con in the show notes. I'm just so grateful that that man blipped Yeah, yeah. Great, great advice. All right. Last question. What's your number one goal for the next 12 months?

Robert Glover 34:10
Oh my goodness. Over the last year or so I kind of toyed with the idea of maybe semi retirement until I got some really harebrained ideas to create my legacy. And I decided I'm in for another 20 years. I've come in the last 20 years in my life has been great. And my mom's 87 I'm 66 She's still alive and taking sharp and I got 20 More good years. So I am building my legacy. I'm building a membership community that I hope to make available to every man on the planet No matter age income, where they can find tribe community resources. I'm gonna put everything I've ever written recorded. Talk about interviewed in it, give people a curated Path to mastery in different areas of life. And I've got several of my certified coaches on board helping me build it . It's a monster interest. And while I'm doing that, I'd love to finish three more books that I'm working on one of them, including a five book series for boys and teenagers by how to apply the kind of stuff we're talking about.

Andrew Stotz 35:22
Yeah, if only we had learned some of these things at a young age. That sounds great. And when you have the link for the community, let's put it in the show notes so that people can come and check it out. And see. That's fascinating. I think communities are such a valuable thing these days. You know, it's harder to connect with people. And so I think this is super, super valuable. Well, listeners, there you have it another story of lawns to keep you winning. If you haven't yet joined the become a better investor community, just go to my worst investment ever.com Right now, as we conclude, Robert, I want to thank you again for joining our mission and on behalf of a stance Academy I hereby award you alumni status for turning your worst investment ever into your best teaching moment. Do you have any parting words for the audience?

Robert Glover 36:10
No, Andrew, just thank you. This has been fun.

Andrew Stotz 36:13
We appreciate it. And that's a wrap on another great story to help us create, grow and protect our well fellow risk takers. Let's celebrate that today. We added one more person to our mission to help 1 million people reduce risk in their lives. This is your worst podcast host Andrew Stotz saying. I'll see you on the upside.


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About the show & host, Andrew Stotz

Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it.

Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth.

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