Ep 173: Live Backwards to Move Forward

Sounds strange, right? But today, everything is backward, and in order to move forward, you need to reverse your thought process in life. The contrarian is considered the oddball, but that oddball is, in most cases, doing things right. So why not be on oddball? Who cares what people are saying around you? Most of them weigh 250 plus pounds, are flat broke, and miserable. This is a time when following the herd will take you straight off the cliff with them. Because they are blind to the real world, they have no idea the cliff is coming, and because of the way they are living their conformist life, that cliff is inevitable. Simply don’t go off the cliff!

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About Myles in his own words:

I was born and raised in Adelaide, Australia. Adelaide was a wonderful place. Clean, great community, great weather, great food. I mean the idyllic location. My parents were not wealthy, but nor were they poor. My father worked all of his life for the same company. My mother was a stay-at-home parent. My parents owned their own home and paid it off. They struggled financially but were able to put me through private school. I was an only child – I guess I didn’t have to share their focus with another, so I got lucky.

I had always been interested in technology from a young age. I was such an avid learner that I would go to great extremes to seek out things and get involved in clubs, community groups, etc. I rode my bike everywhere – even for hours to the city’s center to spend my Sunday afternoons in the public library. Soaking up every bit of knowledge I could get. Strange things that people often didn’t pay attention to. But I did.

One day I got exposed to CB Radios. This was in the 1970s. I became obsessed (as I often did with things). I learned about electronics, physics, communications, etc. This led me towards computers, and eventually, I bought one of the first personal computers – in 1978, the TRS-80 Model 1 computer. I learned everything about programming that computer, and it became everything to me. As the computer industry evolved, so did I. I started a software company and became one of the few experts in software development in Adelaide – getting gigs to write software for government departments, big corporations, etc., and I was still not even 20 years old. My passion for technology was matched with a business passion, which started well before I discovered technology. I guess business was in my DNA.

In 1989, I moved to the United States, settling in Los Angeles. I realized that the ability to migrate from one place to another was a life-changing experience. It taught me to embrace everything I found within my grasp, learning about business in the USA, I got involved in the music industry, and I was able to leverage my computer programming experience to land work in some early startups – one of which became Amgen, the world’s largest biotechnology corporation. Although I spent much of the next 30 years living in the USA, I never lost touch with my home of Australia, and in the late 1990s moved back there for many years before returning to the USA. In 2002 I moved to Scottsdale, Arizona, and I’ve lived here since.

I am a self-made business owner. I don’t have a job. I do have clients and I do work on software projects and data centers, etc. today. It is because this is what I love to do. It isn’t because this is my career. I’ve never embraced that concept. I think if you are blessed to find your calling early in life and you can turn that into an income earner, you will embrace that far more than a defined “career” that people have to convince themselves that they love to do. I got lucky in that regard. But it was more that at a young age I was passionate to learn things. I still am. I just can’t learn them in a classroom, or a lecture hall, or books. I have to go out and see things with my own eyes and touch things with my own hands. It is just the way I operate.

Today I run a technology organization, and thanks to my wife and her focus on investments in the 1990s, we learned the power of real estate investing along with other passive income businesses, and today I make 100% of our financial needs from passive income. This means we are free to travel and live an unconstrained life. But I also respect that I got an early start in this sort of thing, so I want to give something back.

Topics Discussed:

* What does living backwards to move forward mean?

* Why most people seem to be running towards a cliff of ruin.

* Why there is not logical reason to follow the herd today.

* Being a contrarian is not easy, but it shouldn’t discourage you.

* What are some moves you can make now to move forward.

* Why most people don’t want you to succeed.

* Noise is noise why you need to ignore the ignorant chatter.

* Why two wrongs don’t mean a right.

Episode Resources:

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2 thoughts on “Ep 173: Live Backwards to Move Forward”

  1. Gary, the US healthcare system will get you coming and going. What I fear more than the scenario you described of dying in a nursing home just after the money runs out (seems to usually be a stroke or an aneurysm, from what I have witnessed) is being kept alive while dying just because the facility wants to milk insurance money. I witnessed that happen to someone with cancer who could no longer eat and had a medical will asking not to be on any life support. Well, it seems pain medication is a separate category than life support in a will because pain meds do not contain nutrients to be classified as life support. The hospital gives pain medication through an IV, which necessitates enough fluid to keep the veins open, or injected up where the sun doesn’t shine, again in an absorbable liquid solution. Problem is, this liquid keeps someone suffering from terminal cancer alive for longer, because, instead of dying in 3 days from dehydration, dying gets stretched to 3 weeks from starvation. I don’t know if there is a solution to that, to prevent a hospital from administering paid medication when said medication is only drawing out death to milk available insurance money. But, that situation is also morally reprehensible.

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