Placeholder Image

Subtitles section Play video

  • Hello. Hi.

  • Today I want to challenge you.

  • I want to challenge you to answer a question.

  • The good news for you is that this question is actually simple.

  • The words in the question are actually simple.

  • The bad news is for thousands of years,

  • people have been trying to answer this very same question for themselves.

  • People have dedicated their lives to this question,

  • they fought for this question,

  • and sometimes, they had given their lives in defense of this question.

  • And the question is this: what does freedom mean to you?

  • I'm not talking about like a dictionary definition of freedom.

  • I'm not talking about an academic or even an intellectual discussion

  • about what freedom is.

  • I'm talking about what does it mean to you?

  • What does it mean in your own life?

  • I know first hand

  • that this very question has the potential to change your life

  • because it's the exact question that my wife Courtney and I

  • asked ourselves three years ago.

  • It was a little of an awkward timing for us to be talking about freedom.

  • It was the night we brought my daughter Milligan home from the hospital.

  • As new parents, we struggled for 30,40 minutes, whatever it was,

  • to try to get her to go to sleep in her new crib.

  • After that, we wandered like zombies out to the kitchen table.

  • As we sat down, I turned to her and said,

  • "You know, honey, I need to talk to you about something."

  • (Laughter)

  • Which I've learned, after five years of marriage,

  • is that's the most terrible way you can possibly start a conversation.

  • (Laughter)

  • And I said, "I want to talk to you about freedom."

  • You can imagine what her expression was, and what her response was.

  • I can't repeat some of it here today.

  • But after we started talking more about it,

  • we realized that the timing of the situation

  • was actually in our favor.

  • Because if there was one thing we were lacking at that point in our life,

  • it was clarity.

  • It was the ability to step back and analyze

  • how we were living our life

  • and whether that was congruent with what we really wanted.

  • It started for us in our financial life.

  • Our financial life had degraded, I guess you could say,

  • into a simple question.

  • And that's, "What item in our apartment do we want to upgrade next?"

  • Have you ever had this discussion?

  • "Do we need to upgrade the couch,

  • or maybe we should save up and get a new kitchen table?"

  • "Should we switch location and just get a better apartment,

  • or maybe let's just get a flatter TV and call it a day?"

  • This was our financial life at that time.

  • And then, it should be no surprise on what our debt looked like.

  • We were in our young 20s

  • and not even counting the tremendous amount of student loans we carried;

  • we're 18,000 dollars in consumer debt

  • to start off our new marriage and as new parents.

  • We had four credit cards, we had store cards,

  • we had two automobile loans.

  • We had a loan for the jewelry I bought to get married.

  • We had a loan from family.

  • I used to joke we were collecting loans,

  • and that we had one for everything except for our mortgage.

  • And guess what? We were house-shopping.

  • It was the most hectic time of our lives.

  • I'd just started in a new business, I was working 80 hours a week.

  • Courtney had just graduated from college,

  • she was starting a classroom as a new teacher;

  • there couldn't have been a more hectic time in our life.

  • And we were shopping for a mortgage?

  • This didn't make sense.

  • As I stepped back, and I was given that clarity that night

  • from bringing Milligan home -

  • I saw it was because that was the next item on the script

  • that we were living our life by.

  • It wasn't a script that we chose. It was a script that chose us.

  • It chose us

  • because we were unwilling to answer this question for ourselves.

  • If you're not willing to answer this question in your life,

  • there's somebody, a company, a person, a government, an entity

  • that will be more than happy to answer this question for you.

  • You'll wake up one day and realize

  • that you're living life just based on a script.

  • It goes a little something like this, and see if you guys can relate.

  • In elementary and middle school, we are taught how to be taught.

  • We learn how to learn better.

  • But we go on, we go to high-school, where grades start to matter,

  • and if you get good grades through high-school,

  • you get to have the privilege

  • of getting tens of thousands of dollars in debt to go to college.

  • In college, you do a lot of stuff, and at the end of college,

  • hopefully, you get this degree, this piece of paper,

  • and with that comes the promise of job security

  • of a steady, decent-paying job.

  • After that, with that job,

  • you can get an apartment and fill it with stuff.

  • If you weren't able to attract a mate in college,

  • you surely can now, with your apartment full of stuff.

  • Two to three years later, you may have some kids,

  • you may get a promotion, upgrade to a house.

  • You continue this cycle for the next 30 or 40 years of your life,

  • until you reach the promised land, retirement,

  • when all your hard work pays off.

  • There's nothing inherently wrong with this script

  • unless you don't want it.

  • We recognized at that kitchen table

  • that we were living life based on this default script,

  • and we did not want it.

  • So we said, "What do we want?"

  • That took some time to explore,

  • but we figured out that we wanted a clean slate.

  • We wanted to wipe away all the crap that was in our life,

  • that was in our apartment.

  • All of this acquisition of the next thing, the next new version.

  • We wanted to just wipe it all away,

  • so we were going to sell all our stuff down to two backpacks,

  • what we could carry with us.

  • We were going to pay off the 18,000 dollars in consumer debt

  • that represented our most irresponsible spending,

  • and we were going to spend the year backpacking Australia as a young family.

  • That was our passionate goal that we set.

  • One year later, my wife Courtney took this picture.

  • This is me and my daughter Milligan.

  • She's three and a half now, she's one in this picture.

  • We're sitting on a plane, in the runway in Indianapolis, Indiana.

  • The year between the kitchen table and this picture was a tough one.

  • We had to analyze a lot of things and look inside at a picture of ourselves

  • that wasn't the one we wanted people to see,

  • it wasn't the one that we projected.

  • We had to change a lot of habits, a lot of beliefs in order to get there,

  • but we were able to do it.

  • When we boarded this plane,

  • we had two backpacks and full of possessions to our name,

  • and none of the 18,000 dollars that we started with.

  • And we were on our way to Australia.

  • >From Indianapolis, we head to Chicago, from Chicago to L.A.;

  • lay over in LA, we head to Sydney.

  • >From Sydney, we went up to Cairns, Australia,

  • which is a city that is just off the coast of the Great Barrier Reef -

  • Twenty-eight consecutive hours of flying with a one-year-old.

  • (Laughter)

  • I'd show you some pictures of what we looked like when we landed,

  • but we made a marital pact

  • that no living human would ever see those pictures.

  • (Laughter)

  • But I will show you one more picture from our travels.

  • I'd like to just sit up here and show you a slide-show,

  • but I'm just going to show you one more, and it's this one.

  • Again, taken by my wife

  • who, you can see, is a great photographer.

  • This was off the coast of Townsville, three to four weeks into our trip.

  • It's a little island called Magnetic Island.

  • On Magnetic Island, we were staying at a little B&B

  • after taking a ferry to get out there.

  • We went on an about 30-minute hike,

  • and through the hike, we saw wallabies running across the path,

  • a koala, a mum and a baby koala in a tree.

  • It was like we were in a movie almost.

  • When we got to the top of the hike,

  • we looked out over this isolated beach that was private,

  • and it just really hit me.

  • It's a feeling I hadn't felt before, but it hit me like a ton of bricks.

  • I realized that we were living our dream.

  • Don't get me wrong,

  • there was a long list of things where we had no idea what we were doing,

  • even at this point, while traveling, especially with a kid.

  • We were still learning and exploring.

  • But for better or worse, for the ups and downs,

  • we were the ones writing the script;

  • we were the ones who were finally in control of our life.

  • I realize not everyone in this crowd wants

  • to sell their stuff and backpack in Australia.

  • That was our definition of freedom three years ago.

  • It's even changed now.

  • But what I do know is

  • that you need to define what freedom looks like in your life,

  • and you need to take steps starting today to realize that.

  • Where does it start for most people?

  • It starts right here, with your crap.

  • Look at the crap, it's almost overflowing!

  • It's almost overflowing into the cars that are in the driveway.

  • Right now, it maybe seems like an extreme example,

  • but the more I think about it...

  • How many of you have friends

  • that have garages, or spare bedrooms, or junk drawers, or closets

  • that look not too far away from this?

  • It's really not even that extreme.

  • It's almost more of the norm.

  • But I have a question for you:

  • what happens when this person loses their job?

  • What happens when they're offered a better job in a different city?

  • What happens when they need to adapt

  • either physically, emotionally, financially,

  • to any situation that comes up in life?

  • The answer is at best they're restricted.

  • They're held back, they're clogged, they're congested

  • from adapting to any sort of change

  • because of the amount of crap they've brought into their life.

  • But we do have an out; we have a little, neat trick

  • that we do if we have to make a transition with all this crap:

  • we put it here.

  • (Laughter)

  • Do you realize we've been creating

  • an entire multi billion dollar industry around storing our old crap

  • so we can make a transition and buy new crap?

  • (Laughter)

  • Think about it.

  • Right now, there's 2.2 billion square feet of storage space

  • in the United States alone.

  • This is mind-blowing.

  • Every man, woman, and child could stand shoulder-to-shoulder

  • just like this,

  • under covered storage space if we had to, in the United States.

  • So, what's the deal?

  • Why are we so obsessed with buying new stuff

  • yet so reluctant to hold on to our old stuff?

  • How have we bought in to this addiction?

  • I think it's because we've been sold a myth.

  • The myth is that acquiring things in our life,

  • in the pursuit of a living environment filled with things

  • is going to grant us security.

  • Most of us take it so far even to say it's going to grant us happiness.

  • And in the pursuit of these things, we start to identify with our things.

  • You can tell who's successful, and who's not.

  • You can tell who's hip and who's not.

  • You can tell whose garages look like the picture we had before,

  • and whose don't.

  • So we start to really identify ourselves with our physical things.

  • But the truth that we realized,

  • and that most people end up waking up and realize at one point in their life

  • is that more stuff, and certainly, more crap in your life,

  • isn't going to grant you security,

  • and it's certainly not going to grant you happiness.

  • In fact, we found the exact opposite to be true.

  • As Courtney and I went to sell layers and layers of our stuff,

  • as we were planning to go on this trip,

  • I'm often asked a common question, and that question is,

  • "Did you guys sell anything that you regret?",

  • "Did you ever sell anything that you had to buy back?",

  • or, "Did you ever sell anything you were just disappointed,

  • and you had to get back?"

  • And every time I'm asked this question when I get to share my story,

  • I try to genuinely think about it.

  • I'm even thinking about it right now.

  • And the answer is always the same, "No."

  • Not a single item.

  • Not a single time that I sold something,

  • and I'd be like, "Man, I regret that decision."

  • Not a single time that I sold an item, I'd go, "I feel so insecure right now."

  • (Laughter)

  • It was the opposite.

  • As we sold layers of our crap, we realized,

  • and we felt the weight being lifted off of us.

  • We felt more flexible, more agile,

  • easier to bounce back from anything negative

  • that was going to come into our life.

  • We were more free to capitalize on opportunity.

  • We weren't held back by our physical possessions any longer.

  • Not only that but we started to look at other people

  • and realized that these people's identity is not based on their stuff.

  • Their identity should be based on their experiences.

  • It's not about collecting expensive stuff or nice stuff,

  • it should be about collecting rich experiences.

  • We should identify with people and identify with ourselves

  • based on a series of experiences in our life, not what we own.

  • But I want to talk to you a little more about the American dream as well.

  • We're all familiar with the American dream,

  • and it's not even that American anymore, it's all over the world.

  • There's this idea that if you work really hard,

  • you're able to buy into this fantastic lifestyle.

  • That much is still true.

  • As much as I've outlined and suggested

  • that consumerism is a problem for most of us, and it is,

  • if the equation stayed this linear, stayed this simple,

  • it would be easy to deal with.

  • You want more money, what do you do?

  • You buy less.

  • You want to switch jobs or work less?

  • You buy less.

  • Sounds simple, almost too simple.

  • And it really is.

  • But over the last 20 or 30 years, we've played a little trick on ourselves.

  • We've added in a piece to this puzzle that makes it much more vicious.

  • We've found a way, that we no longer have to work hard before we buy,

  • we no longer have to work for that lifestyle;

  • we can just tap right into it.

  • And of course, you know what I'm talking about - it's debt.

  • So we buy; in order to buy that fabulous lifestyle

  • without working for it, we all go into debt.

  • We do this at a young age, we do this at an old age - it's the norm.

  • Debt has been around for thousands of years

  • in some form or another.

  • But we've perfected it in the last 20 or 30 years.

  • We've perfected the daily use of it.

  • We've perfected it for everyday activities.

  • What that does is we're out to buying that lifestyle

  • and our justification for this - and we're good at justifying it -

  • is we're going to be going to work so we'll just buy into this lifestyle now,

  • and then we'll pay off our debt, as we work.

  • So it keeps us going back to work.

  • That would be great if we liked our jobs.

  • Most of us don't like our jobs.

  • In fact, most of us strongly dislike our jobs.

  • We don't have the flexibility to switch because we got into debt.

  • Not only we have to pay the bills now, we have to pay our debt.

  • So we go back working longer and harder hours at jobs we already hate.

  • Is there a better equation for stress on the planet

  • than spending the majority of your waking hours

  • working a job you hate to pay debt from a buying decision you made years ago?

  • It's no wonder we're stressed out.

  • It's no wonder we're overworked.

  • How do we deal with that stress?

  • There's two ways most of us deal with that stress:

  • we eat, and we buy.

  • We escape the daily grind by buying.

  • We deserve it, we work hard. That's how we justify it.

  • Some of us buy clothes, some of us buy gadgets,

  • most of us buy vacations to warm places just to escape our jobs.

  • But we didn't have money in the first place.

  • That's why we're in debt.

  • So how do we pay for this escape? With more debt.

  • And you can see that this is a snowball, it's a cycle

  • that has millions of you trapped, millions of us trapped all over the world.

  • My message for you today

  • is that your life is too important to stay trapped in this cycle.

  • Nigel Marsh had a TED talk in Sydney,

  • and he summed this up much better than I can.

  • He said, "There are thousands and thousands of people out there

  • living lives of quiet, screaming desperation

  • working long, hard hours, at jobs they hate,

  • to buy stuff they don't need to impress people they don't like."

  • (Laughter)

  • When I first heard him say this in his own TED talk,

  • it almost knocked the wind out of me.

  • It actually almost hurts to repeat this because it's so true.

  • But I want you to imagine.

  • Imagine what your life would be like,

  • how much more fulfilling your life would be

  • if starting today, you made a commitment

  • to start collecting experiences and not things.

  • I want you to imagine

  • how much more opportunity and flexibility would be in your life

  • if you removed the stress and the weight of your debt.

  • I want us all to sit here and imagine

  • how much more an impactful world we would live in

  • if each and every one of us got to wake up in the morning

  • not because our alarm clock went off

  • but because we were excited about dedicating ourselves

  • to work we loved, to a job we actually enjoyed,

  • to a business that was based on our passions.

  • The problem is complex, but the solution is very simple.

  • Remove the excess that is holding you back.

  • Remove the crap from you life.

  • Remove the daily reliance on debt from your life,

  • and you'll be more free to start doing work that you actually care about.

  • That's the path to security.

  • That's the path to happiness.

  • One more observation that I have for you:

  • do you realize

  • that we're the freest people in the history of mankind?

  • Do you realize that you walk

  • amongst the freest human beings to ever walk the Earth?

  • What are you doing with that freedom?

  • How are you utilizing this amazing gift that you've been given?

  • It starts by answering one question:

  • what does freedom look like to you?

  • It's the answer to this question,

  • your own unique answer to this question that has the power to change your life.

  • It's your own unique answer to this very question

  • that has the potential to change the world if you'll step up and let it.

  • So my challenge for you today is to go out and find your answer to this question

  • and when you do, that will be an idea worth sharing.

  • Thank you.

  • (Applause)

Hello. Hi.

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it