Happy New Year! As we celebrate entering the year 2024 we are also wondering what the year has in store for us which is why in this episode you will find out about what experts have predicted 2024 to be like, subsequently you will be offered a few vital tips on how to prepare yourself for what’s to come and make the most of the year ahead!

Did you know that working for me to do list will simultaneously increase your productivity while reducing your stress and mental load?  In this short episode you will learn why it is important to work from an to-do-list and how you could do so using simple apps on your devices!

Your level of commitment to any goal determines whether you can achieve a goal and how fast. In this episode, you will learn why it is important to be equally committed to all of your goals even if you think some might not be as important as the others because doing so well train your brain to never bother looking for excuses. The way you do anything is the way you do everything, and if you teach your brain to be committed to any goal then that habit will be repeated again and again. Listen to this short program to find out how you can do just that!

We are living in an era when political polarization has reached an all-time high all over the world. Media outlets and pundits from both sides do their very best to attract as many followers to their cause aa they can often by going down an extreme route. In this short program, you will understand how you could immunize yourself against falling for the trap of polarization and developing an independent mindset that allows you to make sound decisions based upon objective thinking rather than media hype.

Achieving whatever you desire will inevitably demand a lot of energy which is why in this episode you will learn some tips on how to boost your energy naturally and without resorting to caffeine or other stimulants!

Your choice of career will probably have more impact on your life than any other important decision that you ever make in your lifetime simply because we spend the biggest portion of our time at work and a bad decision can doom us to a life of unhappiness and underachievement.  In this episode Daniel will discuss the most critical factors that should be considered in choosing the best career for you, one that makes the most of your interest as well as strengths so that you can be engaged and growing while at work and avoid unfulfilling career paths suggested to you by parents and the society which are often jobs that bring more security often at the cost of taking into consideration the natural inclination of the individual.

There is a huge difference between wanting something and needing something and the root of that difference is the inherent detachment in the pursuit of a goal. When you are attached to an outcome you are much more likely to do something that prevents you from attaining it; on the other hand when you are detached from the outcome you almost never get in your own way nor send out negative vibes and therefore are much more likely to attain it.   In this episode you will learn to think like Zen masters and keep your mind detached from the outcome of the goals that you pursue so that not only you enjoy the journey towards your ideals but also achieve more in the process!

It is said that everything we strive to accomplish is for the ultimate purpose of becoming happier yet most of us are not fully capable of defining and understanding the notion of happiness and are looking for easy fixes to make ourselves happier often in vain. In this episode you will be able to thoroughly understand what happiness actually is and will be able to plan to manifest all its three types in your life!

In this episode of the BTP Podcast, Pouya speaks with Tugrul Guner, a Physicist by training and Machine Learning Engineer by trade. Enjoy!   Tugrul's Social:  Twitter: https://twitter.com/Tugrul_Guner LinkedIn: https://www.linkedin.com/in/tugrulguner/   Pouya's Social: Instagram: https://www.instagram.com/pouyalj/ Twitter: https://twitter.com/pouyalj LinkedIn: https://www.linkedin.com/in/pouyalajevardi/   Episode Transcript... ----more----   SUMMARY KEYWORDS people, creating, expectations, idea, conversation, risk, means, fail, entrepreneurship, product, optic, agree, investors, science, deep learning, market, lose, discuss, questions, company SPEAKERS Pouya LJ, Tugrul   Pouya LJ  00:00 Hello and welcome back to yet another episode of the b2b podcast as always here with Tulou. continuing our conversation from last last week or so I think it was exactly last week, same time ish.   Tugrul  00:29 Hi, Sue. How are you doing? I'm good. How about you?   Pouya LJ  00:33 Oh, good doing well. As always, we are joining forces to have some conversations, some fun conversations. There's a lot of things a lot of topics we won't talk about for the next few episodes. But today, we're going to stick with a continuation of our last conversation, we started last conversation with immigration, we talked a little bit we pivoted towards the end to talk about some experiences you had personally in entrepreneurship, but very briefly, so now we would like to expand on that. So first of all, we are in a country that has good, pretty good opportunities to be an entrepreneur supports you in terms of the regulation in terms of the support system, incubators and such, of course, nobody does that one of the top countries would be United States, but we are also in a not so bad of a country in that department. So and you have done some basic studies on your own reading free readings and such in the space. So I would like to, you know, for you to give some like general background to our audience, and what do you think of? First of all, let's start with actually defining entrepreneurship. I'm not sure most people know, probably everybody knows what it means. But let's get our definition straight. So what does it mean to be an entrepreneur? What is an entrepreneur? Oh, that's   Tugrul  02:01 a good question. And it is really like kind of depends from person to person. But what I like about the definition of it is like, if you're creating something of benefit for society, or benefit for humanity, or something like that people can use people can benefit of it. You're an entrepreneur, when it doesn't necessarily mean that you have millions of dollars of company like startup, like your own company, but actually, whoever, even nonprofit, even like, they call it like an internal, or like maybe something else. But even if you didn't a company, if you're creating a value, creating a project, creating something you're like, internal intrapreneurs to, or if you're working for a nonprofit, organization, if you're creating something, if you're like creating a value, you're still an intrapreneur, it doesn't necessarily mean that you're going to make a profit out of it. intrapreneur is something that you're creating a value out of it, let me   Pouya LJ  03:11 write it as you say, value doesn't have to be monetary, although it can be but it doesn't have to be monetary. Okay. Okay. So that's the definition. You go with it. I agree with you. But like, you can define a different, many different ways, I guess. Yeah, that's right. And that's why I wanted to I mean, the definitions will be related, even if different, but I wanted to get that out of the way. Okay, so, so a personal or group of people who venture to do something that generates value to to others or potentially themselves, okay, and the value doesn't have to be monetary. All right. So so what was your so what was your the first time you became, you know, interested in this concept, and started thinking about it?   Tugrul  04:00 As far as I mean, as far as I know, I always like, had this spirit. I'm like this feeling that I want to create something, I still consider myself an intrapreneur even though I don't have a company yet. I never like I tried to start a company one or two years ago, that because of this immigration issues, I couldn't do that. But I try. But in the sense of like creating values, I always consider myself an intrapreneur. It started when I was like probably in bachelor. Like I always wanted to like, since I love tech, I always wanted to be part of it. First I wanted to be part of a scientifically that's the reason why I did my PhD then postdocs, but then I realized that maybe in the sense that Okay, so if you're a professor, you're creating values, like publications, etc. But it doesn't necessarily mean that The things that you're doing are gonna be like practical soon or ever? I don't know, it depends if you're if you're a theoretical physics, I mean, so it is going to be hard to create a value from, like a practical value like a business kind of value from a wormhole studies. But maybe why not maybe like 100 1000s of years later, it depends like, how is the human humanities going to evolve in tech? Yeah, I had this feeling of, apart from my physics or scientific interest, I always want to create a value. So it started that I had some attempts in back in Turkey. So like, I wanted to create a company focusing on solar cells, renewable energies, but I couldn't get any funding from anywhere. So yeah, I think as long as you feel you want to create something from scratch, it means that you have not 100% all the suffering for Spirit for the intrapreneurship. But you have it at some point, like, at some level, you have it partially. Or if you're, if you want to do this for Horrell whole of your life, like professionally, of course, you have the 100%. Ownership spread, because it requires risk taking skill. So, for example, okay, of course, you maybe you want to create values, but you're kinda like, okay, but if I lose my savings, what if I fail? What if I do this, there's something wrong, and I lost, like some something. So if you are not like a risk taker, if you don't like taking risks, you can consider yourself still intrapreneur? What partially, I mean, you have to take risk, you have to be courage. I mean, you have to this is kind of, I don't like to say it like a gamble, because it's not exactly a gamble. It's not something totally random. There are things that can be random niche, based on what, for example, you have an idea, and it has to be the right time. Right? This is kinda like, you can't control it, you it is what it is like, I mean, you have to be there at the right time at the right place. So this kind of stuff like this being lucky is still like not, you cannot ignore it. But I mean, if you have this creativity, skills, and also you like to take risks, you're okay with that, then you have to go for it properly. Right?   Pouya LJ  07:43 Yeah, no, that makes sense. I think I agree with you too, because there is there's risk taking, there's loss of your control. But there's also lots of out of your control as true probably with anything in life. But this this area, specifically more because inherently you're trying to venture in an area that has not existed. Or if you're replicating somebody else, then you're not you're just competing against them, okay, at least it's an industry that is tested, but then you the barrier to entry might be high in that. Others have set their foot straight, like imagine if you want to be now in new Google. Good luck, you have to offer something new, or we're probably not going to happen, right? So for that reason, I think there's so many forces working against you, or out of your control, if not against you. So, so yeah, I agree with you. There's definitely inherently some risks. So you have to have some appetite for risk, you have to be a little bit. Actually, this is why this is why this became an extension of our previous conversation on immigration, because we basically said the same things about immigration, because you're stepping into the unknown, you're giving up a lot of things, a lot of comfort, a lot of support structure that is there, right? And same thing with the being an employee, okay? It's not, it's not terrible. You have a support structure, you have benefits, you have salary, you know, where your next bill come, meal comes from, where it's going to be paid from. Now, you can do that, partially with entrepreneurship, of course, but that inherently means that you're trying to build something and convince others this is something that generates value for them to get them to adopt. Now typically for monetary gains for you. It doesn't have to be as we said, but typically it is right. So so yeah, I agree with you. I think there's there's there's there's that there's the speaking aptitude but then I want to ask you, what else do you think it takes for one to be an entrepreneur? Trying to stay excellent, except for risk taking?   Tugrul  09:46 Yeah, of course, like courage. First of all, like apart from the stigma, they're all parallel, like I mean, if you're a risk taker, you're you've means that you also can be courageous but You have to be patient, but at the same time you have to, it is not exactly the patient because you have to really understand and feel when you have to change the strategy, or you have to keep going. That is really a hard problem. I mean, for example, you have an idea. You, you think that this is going to be something important for people. But something happened and people started to not respond it I mean, when you when you release it to the market, like a first product, like proof of concept, well, you can say that minimum viable product, when you ask people to click and use this, and can you give me please feedback, and you can face something like, people don't like it, or people are not willing to give a feedback. And you can think that, okay, this is a moment that should either I should like, change my idea or my strategy, or I should keep going. So you have to understand that patience in the sense that if you're really be sure, and if you really feel that it's gonna work, it has to work in some way, you have to be patient. But if you're patient for something, there's not gonna be anything in future. So it's not gonna be worth anything, people are not gonna use it, whatever you do, then being patient doesn't mean anything, because you're on the wrong path already. So I mean, it does who nobody is going to care how much distance you like, to be on the path, because you're going in the wrong direction. But in the right path, for sure, you have to be patient. And you have to mean also you have to, like, be able to act quickly. So when I was taking this training from this incubator for three months, I didn't learn this directly there. But people were keep saying, if you're gonna fail, fail fast. This is it comes from, I think it was from Zuckerberg speech, or something like that. Maybe I'm just combining some irrelevant stuff together. But somebody said that, from the top, like a well known figure, I guess, because it was like, I remember, it's coming from somewhere like that. But they were in the Silicon Valley, they were saying that if you're going to fail, fail fast, because you have to be really fast if you're going to fail. But you still have need time to like, find the correct path. Other than that, if you're like, like, just keep chasing this wrong path. It's not gonna happen. It's not gonna happen. So it has to be fast. That's what they mean. Also, like, um, the way that I started to learn the details about the intrapreneurship, of course, I was an academic iPhones in academia when I was taking this training, so most of the things were so new to me, still, I'm here. Not saying that I'm an expert of intrapreneurship. I'm not an expert, also not an expert. intrapreneur I'm here just feeling some stuff about intrapreneurship I have some feelings, I'm just expressing them and not just like saying, please, what I'm saying is take it through about intrapreneurs now, I'm just just just giving my opinion about it. But yeah, whatever I understood about it is like this Lean thingy, this Lean Startup i Oh, I'm also reading right now the book and it is kinda like argues about, you know, the, I don't know, you remember that back in the day, like, like 15 years ago, like a starting a business was all about like having the perfect product, almost. If you're going to the market, you have to have it, you have to have the product that is not going to fail, like frequently it's going to fail. So in so rare cases, so everybody's going to have the product and it's going to work like a flawlessly I mean, everybody's gonna be happy today, it's about the change with this concept. With this people are saying is release the product, but it released it in a in such a way that it should teach you something if they're not saying that because they some people are criticizing this idea, then in the market, they're like a garbage products a lot. Of course, if you're doing it like just to release anything doesn't make sense to you, then they're gonna be like garbage products all around. You don't need to really create the perfect product even you don't need to maybe spend lots of times on it. Even like just some brick, stone and wood if you're able to like give the idea with them. have a basic idea, then you can measure the response of people on board. And they can be like, Oh my god, yeah, I like it. I like to have it. Or they can be like, This is good. Let me use it. Two days later, they're like, yeah, it was good. But this feature was, I didn't use it at all. I don't think it's necessarily, although I voted in, you know what, I use this, but I really needed this feature for this. These are the things. And you really have to approach this problem kind of scientifically, you have to have this viable pro minimum viable product, like a Bridgestones woods, for example. But when you're providing this, you have to have correct questions in your mind, you have to design it in that way. Because you're going to focus on not profit at first, you're going to focus on what you can learn from market from because you, your product is not going to be shaped by you, is going to be shaped by the customer. Whatever the idea you have, you can think that this is the perfect idea. You know what, everybody's gonna love it. No bullshit, no, maybe the problem is not gonna work. Probably nobody's going to care most probably, of course, there are some rare cases proven that just worked at the beginning. But most of the time, what I heard from the story is even the people were like, what we thought was this, at the end after those feedbacks, etc, it was it evolved in such a different way. We didn't even like, imagine that, of course, because it's kind of shaped by customer is, you don't know their need. Exactly. I mean, the we're talking about these people, like lots of people, everybody has different needs. But what do you need to do statistically? They need not micro needs, of course, you need to figure out the macro need at the end. And that's what is it is actually like, I mean, of course, I probably oversimplify it. But this, this is kind of like evolutionary approach for business. You're, you're loving your product to evolve with the customer need, your environment is deciding who is going to live who is going to die in I mean, it is going to be customer so customer is going to decide what is going to die. What is going to survive.   Pouya LJ  17:33 Can you so so the name of the book is lean startup? Yes, lean startup. Okay. And do you remember the political the author's name by it?   Tugrul  17:46 Sure. Okay, so let's click New   Pouya LJ  17:50 for sure. Yeah, please, just for whatever might be interested to, you know, maybe?   Tugrul  17:55 Oh, yeah. Yep. Every price. regrets. Okay.   Pouya LJ  17:59 All right. Okay, so Lean Startup by Eric Ries. You guys heard it here. First. No, it doesn't matter. Anyways. Okay. So. So the idea of Lean is that you don't you don't sweat. Okay. So that's, that's another thing. Like I've seen people get bogged down by the details. Right.   Tugrul  18:18 So yeah, you can lost loads of time for that. Yeah.   Pouya LJ  18:22 Yeah, exactly. Let me get the perfect office, let me know. Yeah. Find the best curtain, or the best laptop I want to use.   Tugrul  18:31 Yeah, but you know what, because there's stories that people have verb like, months years for the product. And at the end, they realize that this product, people are not going to use it. Imagine that they were they were like, oh my god, he did it wrong, we have to ask first, then we have to build this product based on the feedback. But the good feedback, of course, there will be some garbage feedbacks, you have to be able to like filter and filter them out. Like you have to be careful about that. But at the end you're going to spend your time on something you you know that people are going to use because you have their feedback. So other than that, like you can these like these guys, they six months for nothing. I mean, time is important. Time is precious. And we have to   Pouya LJ  19:24 Yeah. And then you don't get you don't want to get on the right idea too late either. You might have a generally right idea, but then narrowed down what as you said, what the features are, if somebody beats you to it, when you're too late, it's not like you have infinite amount of time in a competitive market. Right. So that's fair. So so that's that's where I guess the Lean comes from, of course, for you to fully understand the Lean part. You need to read the whole book, which is simplifying. I haven't even read the book you at least have are reading I'm not sure we're still here and you're still reading right anyway, so you're still ahead of me but anyways, okay, so So we talked about what it takes to be an entrepreneur at a general level, we talked about some concepts in entrepreneurship. And of course, there is different markets that you, you know, participate in, and different regulatory structures, different financial structures. Like a lot of times, in North America, in general, you end up raising capital through venture capitals, investors and such. Sometimes you fund through smaller means sometimes you raise you take loan from banks, for example. That's generally the pathways for raising money that goes on. And in North America. Of course, different parts of the world might be differently, but more or less will have similar structure. Now, so of course, you have to have the idea, right? Is there a way that you can be in a start something without an idea? I can't, I can't imagine them. But okay, so you have the idea. Now, so the first question is, do I have the right idea at the Grand level? Or don't I? Right? How would you able to answer How would you? How do you think you would be able to answer that, of course, you can ask close family and friends, but they're really probably not the best advisors because they don't want to be your cheerleaders. Typically, we give you not so objective. So how do you evaluate the general idea? Or should you spend too much time evaluating it in the first place?   Tugrul  21:42 Oh, yeah, sure, definitely. Why? Because you're going to put some times put some effort on it, if if you decide that like, Okay, I, this idea is going to work. So it means that you're going to take some risks, you're going to spend time on it, etc, etc. So the first thing you have to do is go out there to the market, find the the companies, startups that are close to what you have as an idea, like maybe not exactly the same, but at least there are some similarities, that they're close in the same industry. Or you can think of potential customers, potential companies that can be customers or something like that. I mean, you have to find make some make some market research, you have to contact people, CEOs, I don't know, like HR, maybe not HR sales, maybe if you're planning to sell them something, you have to first before pitching anything, you have to talk to them like oh, like oh, how are you? The I was thinking this? Do you think? Do you need something like this? Or I? I am thinking this? And do you think in future this kind of service or this kind of product tenure help with you? This? Is this is important to be specific, if it's possible, because maybe they don't know it, maybe you figure that out. But you have to show it, I mean, okay, this, do you think you may need this like, in this process, for example, this can make your life easier because of this, this this? For example, it was what how much time it take for you? They can say like five hours? Oh, yeah, this can reduce it to for example, two hours. Either you can first ask questions to find the data need to show them they need it, or the need is already there. And you can discuss about it, but not in a teaching level. Not you're not there at first, during the market research to sell something, of course, you're gonna you need to sell something. But first, you need to contact as much as possible, like people as much as possible. Ask questions like, like a record like this like a podcast like you have, they're going to ask you, you're going to ask them because at the end, if you not make them bored, if you're interested in the conversation, this is going to be Vin Vin it goes into the correct letter in the correct path. Because they are going to if they understand that they are going to use it and this is going to be beneficial for them. It is going to be something good because then you're going to have some feedback maybe maybe you can see the first you thought the need was this but then they they can say something that you need to you may need to change a bit modified. I mean, what I'm trying to say here is you have to go out there first. Go ask as much as possible when I had this idea of microscope like make the microscopy autonomous, just automatic microscopies I even found a cut pool of people from India using microscopies. So we just chat. I mean, on LinkedIn, for example, I send the messages they send me back. My we chat maybe became not exactly very, like close friends, of course. But I mean, we had a conversation a couple of times. So they tried to help me, for example, I had a company in Canada. So they showed some interest on this because they needed something like that. It didn't go well, because we couldn't even start the business. But, I mean, we had two or three meetings with CEO CTO, this service people that they like, really presented what they have there. So they even ask some questions. We need this, we need that. The questions they asked are totally different than the idea that we were like, contacted them. But you know what, that that is more valuable? Because they need it. It is a need my idea? I don't know if there's a need. Now I know that there's a need of from them, right? I mean, this is you have to go first. I mean, this is free. I mean, of course not everybody is going to respond you like maybe on 100, like 1015, I don't know, it depends on your connection that your network. But even one it's going to be can be very important for you. So yeah, you have to go out there and you have to ask, I mean, even though you don't have any idea, like but you you think that for example, I didn't have a specific idea on creating optical computation, accelerators. I was working in optics laboratory. Two years ago in university. I knew it, there is now a big startup in United States called Light matter they are using optic to accelerate deep learning calculations. Deep learning process, really, this they designed it specifically for of course, severely, like a kind of niche for like a deep learning purpose. But you know what? It is a need, actually. Right? If you're increasing the time that it takes for the training for some models within deep learning more than GPU. Mining God ECU has something. And these guys are also like, what they're using is not electronics is optics. So it means that energy efficient, also, you're not creating heat. It was hybrid, of course, you're creating feet. So because your hybrid system, but not totally electronic system, you're still gaining something out of it, reducing the at least the energy consumption, electricity consumption and energy release. So that's yeah, I mean, this kind of stuff, of course. Can change. But yeah, the the answer is you have to go out there first, of course.   Pouya LJ  28:06 Yeah, I mean, think. So the second, you go out there, and you see that you have the right idea more or less. Now, I think the second step is to kind of like, maybe it's even before this, maybe it's I think this is a continuous thing at every step, you have to adjust for it. But I think you kind of also have to have certain, like, manage expectations. Okay, what do you expect to achieve? In what sort of time horizon? And what is your, your fault tolerance? How much are you like, Okay, this is this is the expectation I have this is the hopeful expectation, I haven't this is the minimum expectation I have. And if I'm falling below the minimum consistently, then that's an issue. I cannot afford it for whatever reason, or it doesn't work for me or that. That's where I'm going to call it quits, essentially. So I think those think those conversations to have with yourself and with your co founders, teammates, team members, investors, everybody, I think it's very, also paramount, because a lot of times people just have the wrong expectations. Just that doesn't mean that they're failing, per se, it just means that they're not, they're not, you know, on par with a certain expectation that they created for themselves. Or there's a miscommunication at some potential, you know, people have different expectations. Let's say you got some investment. And then your investment, investors have high expectations. And your expectations to yourself internally is slightly different, then that miscommunication can cause problems when you're not able to deliver to the expectations of your investors. So I think expectation management's and communications, of course, are paramount. And I think this is us. That's why I'm saying it's continuous because I did sees this thing may change, because your idea may get modified to a degree by going out there talking to people. Maybe it gets trimmed, maybe it gets argumented And therefore you have to continuously re evaluate and recalibrate. Okay, so we're coming to the end of the the this episode, I wanted to see if there is anything. So of course, one more thing before we come to the end, of course, the next natural step is execution. And I think you do your market research, you decide that this is viable, you set expectations. Now it's time to execute. And I think this is the part that you don't want to you want to go, you got to go lean, right? You want to go after the main thing, you don't want to get bogged down again, by the details even in execution. So is there anything you want to say to that to the execution stage of this thing?   Tugrul  30:52 Ah, I mean, exactly. Oh, yeah. This tricky? It is tricky. Because I, maybe that's, since I don't have much experience it is. I can say, some like, things clearly. But execution step is probably the hardest part of it. I mean, so we we have ideas all the time, right? I mean, you we can think this list, we can go for this, we can go for the What about this idea, whatever that idea, but we are not doing anything because first, we don't have that much experience. Second, we still like we still are living for to pay our bills and our rent. As long as we are able to do that paying our bills or rent I mean, to be able to live. Yeah, then the rest is okay. I mean, you can fail, you can just lose something, you can just start again, you can fail, you can start again. But the barrier is the point is, you cannot go below it. I mean, you cannot go become like, Okay, I can't pay my rent this month. No, it is not. It's unacceptable. So you how are you going to do it? How are you going to survive? You need to eat you need to be able to pay your bills, you at least for your for example, internet to be able to communicate with people on like, for example, social media, right? Yes. I mean, these are like the basics, your as long as you're okay with that, okay, whatever happens, we are not going to go below this, we are going to be able to pay our rent, bills, etc. Then you can like try something you can fail. Because you're not gonna lose by the end, you're gonna be able to eat and survive, and you're gonna find a shelter. Like home, to be able to live sleep. I think that's that's the that's the basic like a base level, like, you can't go below. Right? That's, for example, why I can't be like a more brave than that. Because I can lose I can tolerate to lose my current job, for example, or my current conditions. So because we don't know, of course, like, let's say that you started the business, you raised a couple of millions, 10 million, let's say that you an investor came and just or a company acquired you and you just earn 10 million. Yeah, then I can start to that's what my dream. I mean, I really want to go there and invest money on tech. First of all my ideas, together with other people's ideas, I want to invest all of them. The ones that I think I like and I see potential for future. I think we can also like for the next episode, we can continue on discussing that because there are like, also things that we can discuss probably like, what kind of market or what kind of like, areas that you would like to go and invest on both time and money. So that's my like, that's what I think it like, if you start something and if we like, earn something out of it, then the rest can be the risk. And of course, you're going to fail some of them, but but at the end, you are going to make some contribution to the technology, sometimes science because these some companies, for example, the one that I gave you an example like light metals, like optic computation, they're basically doing science. They're also Xanadu, for example, the court computers like they are developing optic quantum computers that they're doing also science they're publishing continuously. So did today. I mean, the things are not the science and tech are not like just coming up from the universities anymore. Companies are doing that, too. That's why I really changed my idea from being an professor to become an entrepreneur or to dive into the industry. Right? But there are lots of things to invest on still, I mean, invest with not only time time is we have it, I mean, that's what we have right now. But, but in future like, we were gonna, as like, this generation, as like, technology lovers, like a scientific minded people, or like, I don't know, like, whoever loves it to increase or improve people improve humanity in in this path. We're going to do it, we have to do it. Because we are living on a planet and we are planning to go other planets. And one day, we are not going to see that of course, but the sun is going to explode. And this even this, this system, the solar system is not going to be habitable. I mean, so we have to go somewhere else. You never know. I mean, you have to do this. Now you have to invest on this. I mean, for sure.   Pouya LJ  36:34 No, no, I am with you. And actually, one of the next episodes, we wanted to talk about space travel. And so so maybe we'll discuss about that. Yep, no, I guess the time is now. It's always now. For sure, I agree with you. There's a lot of areas of interest in investments, which we also can talk about in the future episodes, as well. Anything that maybe you wanted to talk about? We didn't get to? As of now?   Tugrul  37:05 No, no, everything is I think everything is? Okay. Of course, if there are like questions. If if someone is listening to this and have questions can always like comment on the podcast and ask questions that we can discuss. I'm not saying that we are going to answer it, because we are we are right now. This is these are the questions that everybody is as long as they're not convicted, like convinced. Everybody's right. Yeah, it means that you're right. It's your idea, because I can't convince you. So we can discuss, of course, what I don't know. Like, there are lots of things to discuss, of course, some, some can criticize me, by the way. They can say that instead of like thinking about going to space we can focus on like, people in Africa, for example, people are like, they they it is so hard for them to find food. They sometimes like most of the time, maybe they starve they sometimes like they can't find water, clean water to drink, of course, but science and tech, if we boosted it can resolve everything we can find the like a solution for everything for everybody. Not only to go to space, I'm not telling you that even the Clean Water Genie like having a clean water is science. Yeah, we will have to eliminate it. As long as you figure that out like food. You can create food, like farming, it is also science. Okay, it is something old, but we know it's technology. If you if you know how to do it, you can go there. And you can do it. Maybe you can do it free. Why not?   Pouya LJ  38:55 Yeah, this is this is the thing like a two to many main it seems sounds ridiculous. But actually yeah, farming is a is an was is a technology. Same with writing, language, technology, with technology, all of these that we take for granted nowadays. They were all technologies, very advanced technologies at their own time. For sure. Okay. Yeah, no, I agree. And I really like the point you made about comments. Yeah, for sure. If there is something you want us to discuss further on this topic or any topic for that matter? please do leave your comments. And as Stuart said, it doesn't mean that we are right and we have answered, but it means that we can spark a conversation and you can take that thought, go discuss it with your friends and family or in your own podcast. And and yeah, let us know either way. We will welcome your suggestions, criticisms, thoughts into the comment section for sure. Okay. Thank you through for today's conversation too. It was very interesting. I really enjoy Was it? And, yeah, so we'll talk more. We'll talk more on future episodes. But until that time, thanks again.   Tugrul  40:12 Thank you get ready. Have a great weekend.   Pouya LJ  40:15 And thank you. We're recording as a Friday when this episode might not be Friday for you guys, but I'm sorry if it's Monday through Monday. Thank you, everybody. Thanks for tuning in and I hope to see you on the next episode. Take care

Tugrul's Social:  Twitter: https://twitter.com/Tugrul_Guner LinkedIn: https://www.linkedin.com/in/tugrulguner/   Pouya's Social: Instagram: https://www.instagram.com/pouyalj/ Twitter: https://twitter.com/pouyalj LinkedIn: https://www.linkedin.com/in/pouyalajevardi/   Episode Transcript... ----more----   SUMMARY KEYWORDS people, immigrating, bureaucracy, courage, permanent residency, talent, immigration, canada, focus, country, entrepreneurship, build, challenges, life, permit, lots, emigrate, mentioned, apply, agree SPEAKERS Pouya LJ, Tugrul   Pouya LJ  00:00 Well hello, and welcome back yet again to yet another episode of The BTP podcast, ladies and gentlemen, I hope you're doing fabulous. We're back with total as per our previous episode. And we're going to talk about some cool stuff today, next few days and so forth and so on. It's going to be a few days of few episodes of lots of goodies around. So welcome back to rule out doing   Tugrul  00:44 good and good. Now in better,   Pouya LJ  00:47 whatever. That's great to hear. Not bad. It was a good day. Very productive. Lots of work to do, though. And now whether it was nice, so it for walk that was that was also good.   Tugrul  01:00 It's a bit dark, though. Yeah, it's getting dark again.   Pouya LJ  01:04 We're recording this at 9pm, which is good. Yeah. So so how are you doing? Overall, life is good. Life is treating you well.   Tugrul  01:13 Here are some work, work work with the Friday. So we are celebrating Happy Friday. Yay. But not today. Of course, unfortunately. Looking forward. Yeah. Yes, exactly. So then we look forward to Monday. Yes. And so to celebrate Happy Monday.   Pouya LJ  01:34 That's right. All right. So today, we're going to talk about a little bit about tooth topics, which kind of go I guess, hand in hand, at least in your story. And that is about initially about immigration as a whole. I mean, of course, you can share your personal story, but then immigration as a whole, what are the Will you will you advise it on others? Will you tell others to emigrate? Let's start there. So what are your thoughts on immigration? I then to break the ice a little bit to give the audience a little bit of a background. So the reason we're talking about immigration is because the way I personally looked at immigration is immigration is basically an uprooting of your life. So you have to, first of all have the courage to leave so many things behind in and I kind of look at it the Vikings way, if you will, I look at it as going after something different, something more something better, something different, I think the different borders the key. And for the upper. Hello, of course. Exactly, exactly. So that's how I look at immigration, I feel like it's because you're just seeking more opportunities, a different opportunity. The broad level, but what are your thoughts as a whole? And will you suggest it to others? Should they be in a position to be debating it?   Tugrul  03:07 Yeah, of course, I agree. I mean, it depends on where you're where you're immigrating to. Right. So so when you're living so many stuff behind the like, your parents, your I mean, whatever, like you, you're just leaving your friends. Not only like a friends and friends may maybe you're living some thing that you love, I mean, your books, I mean, your car, you never know. I mean, who knows? Right? So you're leaving them for to build a better feature. Right? Other than that, like, there is no point or, or, or you somebody or something like somehow you should be forced to do that. I'm not considering that this. That's a whole another story. So I mean, I don't I can't say anything about it. If you're forced to emigrate, this something is not an option for you, but is an option. If you're immigrating. The whole idea is to go somewhere, that you think that you're gonna You can live better, with a better life, better conditions, anything like for example, in our side, like, we don't have kids, but if you want to have kids, we want our kids to live in a place that they can be happy. They can live like they supposed to. Not like like I mean, not should they shouldn't work on the like heart conditions or they they should they like they can work and work and work but at the end if they can't get anything, and they're still like at the level of being poor and starving. So that was the point that mean so so many countries are on there, like people day and night are working. But at the end of the day, they can just live serving for not to die to survive. They're just surviving. I mean, this is unacceptable because I mean, we are living this life once and just surviving it, we are not Indonesia, we are just not just trying to build something for our kids, because we have the complexity we have that civilization, the the, like, we evolved, we, we have this complexity. And so I agree with you at that point. So we just with K, we came to Canada for the purpose to like to live a better life to, to, like, make our dreams come true. Like I have lots of dreams, and I want to make them real here. And I know that this country allows me to do so. As long as I have like, like a vote permit permanent residency or like, of course, the citizenship. Something. authorization of this. Yeah. Oh, yeah. But it is hard. It is hard. Not this this. Not everybody can do it. I mean, I know I am thinking in my parents shoes, like, they complain all the time. But they don't have that courage to leave everything and go somewhere else. Especially like, because of the language barrier, of course. Right, right. Yeah, but I'm not sure if my parents know how to speak English, for example, I'm still not sure they can leave everything behind and go somewhere to speak English. But this is the first step. This is the first thing the language barrier.   Pouya LJ  06:45 And this provides an excuse,   Tugrul  06:47 yes, oh, who is gonna like who's gonna learn at this age? I mean, people are, some people can graduate from university. Sure. 70 years old. But it depends from person to person, of course, is called a comfort zone, of course, your book for your parents, they happy. So anyway, so. But it's also full of challenges immigrating to somewhere like, okay, let's say that you already can speak a language of the country that you're immigrating. Let's keep that part. Let's say that we all know that language, for example, hear English. Then the next thing, the next challenge is the culture, of course. So you're coming from a culture, mostly a different culture, some common things, of course, but some different things, it can sometimes get hard to use it. Learn it, of course. I mean, you should find a way to learn it, you should find a way to have some friends. It is also a challenge to like to meet people, because I'm not talking about being young. I'm talking about like me that I emigrated here, like around 30 years old. So you know that right? Like, if you get older, it is becomes harder to find friends or like, have close friends. I mean, you you become picky.   Pouya LJ  08:17 And you don't you don't get those opportunities. As often. For example, if you come at the university level or high school level or even earlier, then you get to, you know, build those relationships in school and university and so forth. So, so that would be different. You're right, yeah. Okay.   Tugrul  08:33 Yeah, I mean, also, you need yours. They came as a postdoc here, like I had a, like, we have people in the group like PhDs, master's students, okay, at the school, you're called, like having, like a nice conversations with you, you're enjoying the talk, etc. But when the day is over, or everybody goes to home, and you don't go out, even on like weekends, I don't remember that I call or somebody called me to Let's go here. Like, just happened. Rarely. Yeah, I mean, I don't know maybe I didn't call or they didn't call because we all like we are picky or we already have some other friends. Or we are just lazy like laying down at home and let's let's go live. Watch this. Let's go watch that. Like, of course, going out something you don't prefer if you don't have a hobby outside. So that, like I, I was lucky. Of course, I came here with my wife. So I wasn't alone. And I know that I had friends who were like, alone. They were like, struggling with that they were like sometimes depressing. This is this is something challenging for people, especially who like rating by themselves. This can be challenging after like language barrier because having Frances bit hard. Um, next thing is of course, paperwork, some governmental issues, for example, right? Yeah. Oh, amazing. I mean, like, pull off, like being anxious about being anxious, like pulling nerves like I mean, what's going to happen full, you're just getting stressed. You're applying, for example, I came with a work permit. So it was like a one year or two years for at first. The first year was okay, because I have one year more, but when like, I'm given a deadline. Oh, yes. I mean, it's full of like anxiety, let's have we have to apply and you're waiting sometimes months? And you never know, maybe maybe you always have been back of your mind labor? What if they reject? What if I had to go back home after one year this even in one year, even imagined, like, yesterday, because you're trying to build something here, you're trying to do something you want to like, instead of thinking about this stuff, you want to focus on things about what you can do next? What is the next step? What should I do? Well, but this, you do this at some point, but then when you are approaching the deadlines, you just stopped doing that? And okay, what should I do? Like we have to apply this and we have to wait in response of my hope we can, we will get rejected. Yeah, that kind of stuff. This, this is something challenging also, like, mental mentally challenging. It can, it doesn't help you with that. So. So then you're you're looking for people who sponsored you to extend your contract, or look for another job that they can sponsor you to continue living here. Unfortunate ly my contract was extended by my employer. But it was one year, so that was full of challenges. And also, if you want to vote for work permit, there are two stories like one is open work permits. For example, one is closer permit, I had the close work permit, so I can't legally work for someone else. I wasn't, I wasn't able to vote for someone else. Of course. That's also like something problematic. I mean, I pro like the Pro. There are lots of reasons to do that, of course, but I mean, for a person who was having close work permit, it's hard to find a job like I mean, I was like, interested in going to industry at that time. So not all the companies are able to provide you the necessary paperwork to sponsor you. They are like, okay, so we are done. Not that big, we are still started up, or we are this and we can't Sorry, sorry. Yeah, whatever. This is how the system is. So you survived somehow, if you're if you want to, like stay or if you really want to, like, do something. And if you just focused, you know, will you find your way? Of course. Yeah, I like for example, I came to Ottawa, in my in my business for my second postdoc last year, and I got another contract to open but then I applied for permanent residency, and now I have a permanent residency, which, which is good now, I don't have issues. Like I don't have concerns about these kinds of permits, etc. But   Pouya LJ  13:51 yes, free of the bureaucracy.   Tugrul  13:55 Even like I when I was in my first post to get my chair like, at, like, two incubated with a project, which is accelerator called Suntec. I was good. I got accepted for the project. And I like me and my professor X professor was like, we were cofounders the ideal I always liked it. The name of the project microscope bought I mean, it was an amazing name, I still like it. It was a kind of idea that tries to automate microscopy with the AI I was so involved in the even though I didn't have any expertise like I didn't study I didn't have that much expense all personal hobby and but I was like, I was using microscope electron microscope so I was like, why not? I mean, not electron microscope me because they are expensive toys but why not for the like regular traditional Microsoft optical ones. Maybe I can design a system the If you can just put your samples and leave for the coffee and the whole system goes back for Drive left focus, then deal with everything by itself automatically collected data after like a couple of hours. So you have 1000s of images. Wow, amazing. You were just drinking your coffee. And you know, after one hour, you have 1000s of images. So yeah, I pitched the idea I took like, the train by them, like three months, it was like an intensive three months program from this intrapreneurship level, they were teaching you that   Pouya LJ  15:35 the what were they teaching, if they were teaching you only the entrepreneurship intrapreneur technical stuff to   Tugrul  15:42 networking, how to build network and how to prepare your minimum viable product MVP is what you should have to do how you can deal with the business plan, they mostly were using lean startup idea, like, don't try to get the perfect product, just start with something that you can show potential customers potential investors, that my idea is this how this is a demonstration, no limit, it can be even, you don't need to pay, like it can be cost free that you can just some build something or you can just create a software like or like a file, what I did was like, for example, I applied object detection with the for a video that I created from microscopy. I just applied object detection over it. And I showed that how the objects are like a tracked with the algorithm and how was it moving left, right? And how was it detecting the focus and the system if not focused on aligned? Axis, etc. Like that? It took me like, five hours, six hours. Yeah, but the problem was, then everything went well, like there were like lots of brilliant ideas around. So you will also be able to connect with them. You can also I don't know, like, if there's a good connection between you and someone else, you can just that guy or you can join him or her they can join you. So very dynamic environment. But the next step was you have to build your startup really officially have to start it to be able to go to the next step. But I couldn't do that because I had a work permit. And there was no way there was no way to start the company, you have to find someone who has a residency or citizenship, that needs to be at least I don't know, I just gonna, I don't remember exactly the number is 20 25% or something like that, to have that share in the company to be able to like a build it. So that was the time that I'm like, oh, okay, so I'm not gonna be able to do anything, unless I received my permanent residency. Just hold me back for some time, to be honest. These are all challenges. I mean, cultural, going immigrating to somewhere else, language barriers, then this kind of stuff. I mean,   Pouya LJ  18:21 the bureaucracy. Yeah. So I do want to go a little bit back first, and then come back to this. So you mentioned a while back, you mentioned courage. And I think that's a key key word in immigration. Because anybody who's like, had gone through immigration will tell you more or less, it's not an easy endeavor. Even so some people have it worse, some people have it better. Some people have a better experience, easier experience, some people have a more difficult experience. But ultimately, even the ones who have a relatively easy experience is generally difficult, because first of all, you have to move on from something, as you mentioned, you have to put some stuff behind. Either they're actually you know, literally stuff like inanimate objects or books and you know, whatever. Or, for example, job maybe, or there are people that you have to move, move away from and it doesn't mean that you don't keep contact with them. But it means that while you're not going to be seeing them every day, and then the second fold of that is that there are going to be lots of challenges. As you mentioned, there's many faults, cultural language barriers, cultural barriers, experiential barriers, sometimes it's not easy to find the right job in the same industry because you don't have the right experience in that country. Now, you may have experiences in other countries, but sometimes they don't translate all that well depending on the field of course. So it takes a lot of courage to leave what you have behind and as you mentioned, some people are forced to move and just go somewhere else because of wars or refugees, so maybe it's a different story there. But for those who choose to emigrate, then it does take courage because it means that you have to uproot your life. Whether it's good or bad, however good or bad it is. Nevertheless, you have to destruct your environment. And I think it takes courage. But with everything, if you have the ratio, if you wisely choose and you're courageous, odds are that you're going to get something out of it either a good result ultimately, or a good lesson, even if you fail. So I just wanted to point that out and see if there's anything you want to add on that courage point, to the whole story of immigration before we move on to bureaucracy.   Tugrul  20:47 Yeah, I mean, I don't know. Like, if it's courage, in my case, I was planning to, like, move somewhere like Europe or United States or Canada. When even when I was like, in bachelor, that was kinda like my plan already. Because I really wanted to have a portunity to build something big. Yeah. I mean, you can do it in your own country. Yes, maybe. But the effort? Okay. They're not saying, Oh, that's it, the dynamics are very different. For example, my country. First of all, there are not much technology companies around like not, it's like, consider Silicon Valley. I mean, come on. Like, if you go to Silicon Valley, somehow, if you started to be become an entrepreneur in Silicon Valley, the network the people, like, what we're talking about here is environment, you need that you need that. I mean, for example, Canada. In Ottawa, I'm not in my mantra that there was an environment for sure. But wherever you are, doesn't matter. Like a country wise, you feel that there are opportunities here. If you have the idea, if you have the motivation, if you have this, like, Okay, I'm going to do it, if you have this motivation here, you know, that nothing can stop you. But this is not the case for all the countries. You have to either be really lucky or you have to be like, you know, people, really, you have to have this kind of network. Yeah, there are people of course, there succeed in these countries. Of course, I cannot say that. You can't you can. This is no way. No, I'm not saying of course you can. But I mean, having an idea and to become a giant is more possible here.   Pouya LJ  22:58 Yeah, there's definitely more opportunities more different. No, I agree. So I guess there is another element to the courage that you're basically mentioning, and that is, well, first of all, you need ambition, you need a reason to move. Now, in your case is ambition. Sometimes it's something else. But in your case, it seems to be the ambition, and I think it's the same in my case. And then you need also to be slightly adventurous, if not extremely adventurous, you need to be at least slightly adventurous to step into the unknown and be comfortable with that. So you take you take a courage, you take a reason to have to move to uproot your life. Otherwise, why would you? Well, it was you seem to be an idiot. And you need to be adventurous to a degree. Would you say that's, that's probably the base criteria for somebody to emigrate?   Tugrul  23:46 I mean, you're right, definitely encourages and being adventurous, I think they all combine the single point, which is, I think, not being scared of failing. If you if you're not scared of failing, I mean, if you're like, Okay, I can fail first time, second time, third time. Now, no worries, this life goes on. As long as I'm alive. And as long as I'm capable of doing stuff, my brain works or I can do something as long as I can do that. Nothing can stop you. You can fail. Of course, you're gonna fail you're gonna fail because you're trying something new. If you're not failing, you're it means that you're not learning not trying something new. It that means that you are following successful people because they pass this road and they like design. Now you cannot fail on this road. You're just following it that you're not learning. You're just like, clot and like I was called, like, you're just doing exactly the same. They did but in a way that when they became successful, you're not taking the part that they failed, but for sure you should be able to accept that you're going to fail. And you're not going to scale of that. If you're scared of failing, this is not the correct way you for your life that then you shouldn't maybe emigrate, I mean, you can still, you know, that can I   Pouya LJ  25:22 don't think I don't think you can really emigrate without failure, like it will be there, you're gonna make mistakes because you don't know them. As you mentioned, you have the culture shock, you have all these problems that you just don't know a lot of things. Honestly, even if in your perfect environment, it's impossible to not make mistakes and fail, but the odds will be multiplied 10 times 100 times 1000 times as much, because that's just the nature of things, you're stepping into the unknown. And when there's lots of uncertainty, the chances of making a mistake goes higher. But then that's okay. That should be okay. So that's where the, as you mentioned, the courage and adventures converge, essentially, and then you need the reason. Now, for some people, it's just ambition, or, you know, curiosity, or both. For some people, it's just, you know, what I want to give my children children a better life, potentially, or I want this or that. And for some people, unfortunately, it's not a choice. They're forced, as forced upon them. Okay, so let's just move on a little bit before we come to the close of this episode. So next episode, we'll talk about a little bit more about the entrepreneurship aspect of it. But I just wanted to address because we mentioned the bureaucracy. So as with all governments, when you deal with them, they tend to be a bit bureaucratic. And that obviously creates a lot of hurdles. Now, one of the advantages of I guess, specifically United States, and I guess in recent years, Canada has been that actually to try to remove lots of these bureaucracy to a high degree or reduce them, at least, when it comes to talent when it comes to entrepreneurs, when it comes to investors. So that you can tap into a pool of talent, and capital all over the world, not only within your own confined borders. And I guess that's one of the success stories of America that actually, United States specifically, I mean, America is a continent, the United States of America has been that the one of the stories has been the fact that they were able to attract the best of the best talents all around the world. And they've done that by trying to, specifically the past, but maybe less so presently, but then cannabis taking place a little bit. They have been trying to do that by reducing those beers, because they basically gave people a chance to, you know, focus on your own thing. Focus on things that you're actually good at. And of course, there's going to be some bureaucracy, that's just impossible, as you deal with governments that want to make sure that who you are, that their borders are made safe, that you're not misrepresenting yourself in one way or another. So there is going to be a little bit of that. And governments being the huge entities that they are not really good at producing these bureaucracies actually add to it. That's just the nature of things. So what do you think can be done in the case of entrepreneurial entrepreneurship or generally speaking, talent acquisition, from the standpoint of a country, let's say, like Canada, or any country, for that matter, that wants to accept immigrants and wants to accept talents? Or, you know, specific kinds of work workforce in different industries doesn't matter? What can be done in your personal experience? Now, you had the experience of Canada and had a very specific experience. Of course, I had a slightly different experience, but similar in terms of being theocratic. So what are the Do you have any thoughts? Have you thought about it? What can be done to or Not? Not? Specifically? I'm not talking about specific things, but directionally is there general ideas that you think can help with reducing this tension and allowing talent to just flourish?   Tugrul  29:17 Yeah, I mean, it kinda is doing actually good when I was like, like in this intrapreneurship program, the last day they mentioned me this intrapreneurship immigration program, I didn't know that before like it you had to apply it. Like, we just I was in Montreal. So the problem was, I couldn't speak French so I couldn't apply for the permanent residency, but I didn't know you can apply for intrapreneurship program even within within Montreal in Quebec. So if I knew it before, but the thing is, like you have three months, but usually it like takes one one and a half year. So in any As I won't be able to, like I couldn't probably get my permanent residency, even that case to build my startup. But this is tricky. To be honest. There are lots of talents around the world, of course, the country's companies, are they fighting to get this talent? But while you're like if you make things so easy for people to emigrate the country with talent, of course, is something good. But you have to care about the society also, like who you are like, like a given residency, these guys are, okay talented. But who are they? I mean, maybe they are not. Some of them. They are not like, they can be rude. They can make things harder for other people. You never know. I mean, just because they are mine doesn't mean that they are just struggling with other people.   Pouya LJ  31:04 Yeah. In my experience, criminals are very talented, especially the successful ones, but you don't Oh, yeah. Okay, so yeah, that's a good example. Yeah. You want to make sure that you're letting in the right kind of people and not international criminals, for example. Oh, yeah. Maybe very talented. But nevertheless, yeah. Okay. Yeah. I know. It's a level. Yeah. Yeah.   Tugrul  31:27 I mean, the software level, maybe hackers, they mean they are just stealing people's information, credit nerds, etc. They are so extremely talented. But then you're saying, okay, so you're talented. Come to my country. Still people here   Pouya LJ  31:40 like, no, it is. It is a tricky business. I understand that. Yeah, yeah. I agree with you. I think overall, Canada is not the worst for by any stretch of the imagination is doing pretty. Okay. Pretty good overall. Still, I think there are some aspects of bureaucracy that can be trimmed. If not, yeah, they're doing pretty good. But yeah. So   Tugrul  32:02 leaving times alone, for example, can be reduced this processing times? That can be much better. Of course,   Pouya LJ  32:09 people have options. Yes. You don't have to stress about it. If, for example, you get a rejection of some sort, and you have the time to respond to it in a timely manner. Yeah, I agree. I think I think that would be probably the best place to start to actually reduce this processing times. All right, we'll continue this discussion, of course, specifically, more on the entrepreneurship side. But before we close, though, is there anything you want to mention that we missed? Or you wanted to talk about that? We haven't?   Tugrul  32:43 No, not so far. I mean, yeah, I mean, it's tricky. Yeah, I agree. This everything is tricky. This is tricky for government. This is tricky for immigrant. I mean, this is not easy for anybody. Everybody is just trying to make things better. Immigrants, they are trying to make their lives better, or they're, like me, them and they have some they have ambition, and they also want to provide a better life for their kids for like, their belongings. And so you can do this here. And you just You need courage. So as long as you have courage, okay, that you can fail. I mean, there are things that are tricky, of course, you can hold you back for some time, you can just get mad, but you have to focus on the feature, not the problems, you always have to you should always have to focus on the solution, not the problem. Problem is there focusing on the problem is not going to solve the problem by itself. Focusing on the solution is going to help you to solve that problem. Most of the people or they miss this, but they just focus on the problem. Okay, I have this problem mine. I hate this. I hate that. Yeah, I am complaining also like, everybody complains because it's a good way of releasing energy, they have tension. But at the end of the day, the seriously you take this focusing on the solution part more serious. Complaining is something else. But focusing on problem is another thing, not that you shouldn't focus on that so you don't need to scared of immigrating. Just think about what you can achieve afterwards. But if Okay, let's say that if I immigrate to Canada, I want to immigrate to Canada. I want to move there. And I believe there are these are going to be problem this is going to be problem. Okay? But think about what you can do here. You can start a business you can find a good job. You can do something in quantum computation. You can do something good in AI. You can Go to a very high ranking university, you can study neuroscience, I mean, of course, there are like lots of opportunities, you have to focus on that you have to focus on what you're going to do next. Yeah, but meanwhile, governments are also struggling have to make have to pick talent and correct people, for the society to make the society better, of course. Yeah, because everybody wants to have a society that everybody gets along well, everybody shows respect to each other, like, everybody's happy, they can focus only on the things they they love, like, for example, you ai me a quantum computation, to, to move this technology move the science forward, let's let's move everything in a better way, like, like, let's focus on how we can make this work better in terms of how we can live better how we can make the technology better science and how we can make more discoveries, how we can go to other galaxies or the planets, how we can colonize them how we can mine the streets, we should focus on this because at the end of the day, we were just polluting our, like our home with mining, we need those chemicals, of course, because of many things. But if we focus all together, on the future, and on the things that we can achieve all together, like on the space, even like in the science, tech and anything art, I mean, everything just focus on improving things. It is the way how it evolves. I mean, it's the way how we should go instead of like fighting each other.   Pouya LJ  36:54 Yeah, has always been agreed. That makes a lot of sense.   Tugrul  36:57 No, I can't at this point. But   Pouya LJ  37:00 that's good. Actually, this is this is something we're going to continue talking about, the more the you know, the entrepreneurship aspect, the you know, the the innovation and improvements aspect. For sure it will start next episode, we'll continue that this conversation basically. From will we'll move on a little bit from immigration side, but we'll maneuver more on entrepreneurship and the Lean Startup philosophy that you were telling me about so we'll be could delve into that a little bit. All right. So I'm not going to say goodbye because we already said that we're going to have that next episode very soon. About Yeah, about the entrepreneurship aspect. But I do want to say goodbye to our audience. And I as always, I'm really glad that you guys tune in, listen to us. I hope you enjoyed it. And I hope you will join in next month. Thank you all for joining and until next episode.   Tugrul  38:01 Yep. Thank you very much. See you everybody. Take care.

The Polyglot Guidebook written by Daniel Molgan is now available in paperback and kindle on Amazon. In this episode Daniel reads the introduction of this book for you so that you can understand whether you should get yourself a copy to become fluent in speaking any foreign language!

In this episode of the BTP Podcast, Pouya speaks with Tugrul Guner, a Physicist by training and Machine Learning Engineer by trade. Enjoy!   Tugrul's Social:  Twitter: https://twitter.com/Tugrul_Guner LinkedIn: https://www.linkedin.com/in/tugrulguner/   Pouya's Social: Instagram: https://www.instagram.com/pouyalj/ Twitter: https://twitter.com/pouyalj LinkedIn: https://www.linkedin.com/in/pouyalajevardi/   Episode Transcript... ----more----   SUMMARY KEYWORDS quantum optics, arrogance, imaging, materials, physics, degree, confidence, observe, kinda, people, agree, thinking, science, human, quantum mechanics, postdoc position, field, evolved, point, question SPEAKERS Pouya LJ, Tugrul   Pouya LJ  00:00 Well hello, ladies and gentlemen, welcome back to yet another episode of the b2b podcast. We've been away for a while I have for sure. But I am back with a very great friend of mine, tool gunner, and I am happy to introduce him to you what a legendary man he is. He has okay. Oh, you know what? I'm not gonna give you the introduction. I'll let him introduce himself the way he he sees fit. Hey, Joe, how are you doing?   Tugrul  00:43 I'm good, by the way, are legendary?   Pouya LJ  00:48 No, no, I know you well enough to give you that, you know, give you that adjective. So that's all well deserved? For sure. All right, turtle. So why don't you give us a very brief but comprehensive background about yourself, the way you see yourself from your academic background personally. Yeah, go ahead.   Tugrul  01:10 Yeah, sure. Sure. I will start with when everything changed in my life. I was like, I was not cared about anything before, like last year of my high school. So I was like, playing video games going out like playing soccer. And the classes were like, I wasn't. I had zero interest at all. But I wonder I was reading a lot. I was like, I was kind of reading lots of different books, different types of books, mostly like fantasy books, like Dragon land series, forgotten mediums. It all started with a lot of things by the way. Yeah, anyway, but that was also another story. My father, like, gave that present to me like a lot of drinks book. But the second book, he just grabbed a random book from there probably, like, just grab the second book. And then I Oh, what's this looks let me read the first one. Then I started with the Lord of the Rings. Okay. But back then I was reading this Dan Brown's book called demons and angels, or whatever. Demons.   Pouya LJ  02:22 Read the book, but I've watched the movie. Okay.   Tugrul  02:24 Yeah, I also watched the movie, but I don't know. Like, it was a good book. I'm not sure. But the thing that just like was interesting to me when they were talking about like, antimatter. So I just, like stuck at that point, like, Oh, my God, what is this? Like, I never heard of this before antimatter. Like, I wasn't even interested in physics. Okay. No, no, no, no, but antimatter was like, something changed. What? I never heard of this before. And I realized that I mean, we have lots of things we don't know. That was the, like, a break point in my life. Okay. We're, we're just pretending that we are we know stuff that based on our observations, these are like a micro sis macro systems that we are observing daily, like mostly, like, wearing like an eternal outdoors, we all know, so we just ever have that. Like, I mean, if you drop something, it just falls down. Like it's a gravity, I mean, this kind of stuff. But I that was something different. You can observe it you need to be in that field to know what is antimatter. So that was a some kind of like, a break point in my life. Okay, then, I started to read a couple of things about it, then I noticed that oh my god, this is something else. There's another world inside of this like, like quantum mechanics, even though I had no idea what quantum mechanics is, but I was like reading uncertainty principles, something is not clear. But something sounds are like, interesting, like, Oh my God, what's happening here, like the universe is not really like, observed something more and more. I mean, then, last year, in my high school, I develop interest in the physics as you expect, like, then I was like, for the my bachelor degree, I have to study physics. And I have to I have to become a theoretical physics physicist. I mean, because I really wanted to understand everything. That didn't happen, of course, but I'm gonna mention that I'm going to talk about it. So So I in in my country, for bachelor's degree, you have to take an exam and after the exam, you need to write the university and discipline like this university physics. This university for example, electrical engineering   Pouya LJ  05:00 to give his background so when you're originally from Turkey, so you do your Bachelor's there. Yes. Okay. Go ahead.   Tugrul  05:10 Yeah, yeah, my masters and PhD there too, but Right, so, so you have limits, of course. So you can just write 20 University and 20 different subnets. So I wrote physics for all of them. Because I was like, obsessed. So, yeah, I just got into physics. But it was kind of disappointing. Like, okay, I was kind of, I mostly like, thinking about this ideas, thinking about how universe should work. And this kind of like a philosophical way of Lego discussions, I've kind of mostly like that way of it. But mathematics. When it starts to become complicated, you start to lose control of your thoughts. Also, sometimes, like, if it gets too complicated, you start to focus mostly on the mathematics to solve that problem. You're getting away from your first idea, and you can find yourself with into different concepts, different mathematical tools. Of course, it can guide you different discoveries, of course, but you need to, you need to have that skill to have fun with this mathematics. I didn't have that one. So still, I was like, kinda stubborn. So I wanted to do my master's degree also in physics, which did the quantum mechanics from from the fundamentals, which was focusing on the foundations of it like, main things like fundamental things. So we published a paper about quantum tunneling. Because there was a problem about estimating time in quantum mechanics. And tunneling is a phenomenon that happens in time, even though there were people that researchers like arguing about maybe instantaneous, maybe it's not time dependent, but we found the time for that, which we published. It was a nice journey for me, but then I changed my topic, like, very like a, like a 100 watt, like 180 degrees, like, just back with like, a different direction. Which I started doing my like a PhD in material science and engineering, talking about the relevant components.   Pouya LJ  07:35 The way you say. It was 180 degrees deviation. One would think this is a you went to art since fallen artists. No, I'm kidding. Within the realm of physics, you didn't want it okay. Yeah,   Tugrul  07:51 I mean, like, change my direction, like, I mean, it all you can also call it 90 degrees to I mean, I was just like I did, I was like, spanning somewhere else. Yeah, I started to work on some applications. I was kinda materials, material scientist, I was working on polymers, polymer composites, emissive materials, like I was mostly working on alternative materials for the white LEDs, because in LEDs, especially white LEDs, you were using phosphorus, which they contain, like rare earth elements. So I was trying to develop new materials or trying to increase the efficiency of the this phosphor materials inside the tube. It was nice, it was a efficient pH like I published like kinda 20 papers, because it's an application is not a theoretical physicist. So it was kinda like it's highly liked, like you can publish papers, as long as you develop something and you showed us an increase those improvement, it works. Or you even you can come up with a new material, which we were there was like a sample. One kind of material was very popular back then we even published a couple of papers awarded called halide perovskites. Yeah, so I was kinda like optimistic about my postdoc. Because like, 20 papers, so I was like, okay, I can find a good postdoc position around the world, but it didn't go that way. I applied like 600 700 positions with a detailed applications. I didn't get a response from most of it. Probably some I didn't even send the second secondary email to them, but probably they went and noticed, like one of them just, he's a Turkish professor. Also, he's a professor in Montreal,   Pouya LJ  09:59 Montreal. Canada, yes,   Tugrul  10:00 that's Montreal in Canada. So that's he sent me like the position and offered me the postdoc position, which was an amazing subject. It's called water fast electron transmission electron microscopy, which transmission electron microscope by itself is a characterization tool that can image materials at nano scale, which is like 10 to the minus nine is like, how much like 1000 Lower magnitudes higher magnitudes than the human hair, right in 1000, it was micron, so, probably around 1000. Similar things from the human hair. Even more, I don't know, like, probably some that kind of scale. So we were basically imaging nanomaterials at the Nano scale, like we were characterizing them trying to understand the shape some of the properties, but this is regular transmission electron microscopy, ultra fast transmission electron microscopy is where you are integrating your microscopy with laser. Now, you don't only have this imaging, you also have this laser, which you can also send it to your material and observe what's happening when your metal or nanoparticles are interacting with the laser. Which brings, we call it the time dependency for your observations, which is from imaging, a now you start to record movies, and you can visualize what they're doing and understand the interaction of places in time. So, by the way, my professors professor in Caltech, his name was like Zewail, he, like, got the Nobel Prize for this invention, mostly, you got the Nobel Prize for them to chemistry, but this was the part of the invention. So yeah, that that, in today in the world, there are only four or five facilities that can do this. ultra fast transmission electron microscopy is an expensive tool. After that, like I studied two and a half years in Montreal, Canada for as a postdoc, and my second postdoc, I came to Ottawa in Canada again. This time, it is a completely different lab, it is a quantum optics lab, because I also like I am enjoying it. I know I love quantum mechanics. So I came also like to learn quantum optics. And I was planning to apply some of my AI skills. Of course, I don't have any professional skills because I didn't study AI. I didn't study machine learning in any of my degrees. But I, since I love AI and coding, I always like, during my free time as a hobby. I also I tried to improve myself a lot. So then I started to combine quantum optics with deep learning because in quantum optics, you have noisy like results and etc. So you can combine them with the deep learning etc, we   Pouya LJ  13:27 can we take a step back, so can you tell tell me like what is actually quantum optics? Like, can you delve into it? What does that mean? Okay, optics is? Oh, yes, in the quantum, but how do they go together?   Tugrul  13:38 Yeah, of course, I cannot explain that like an expert of it because I work from the burning. But   Pouya LJ  13:43 even if you did, I wouldn't understand.   Tugrul  13:47 In Visual optic isn't just that it's the light. So you don't have to you don't need to have a like coherency, which means that like some kind of like, coherent motion or coherent interaction of your light. Like as a, like a physicist standpoint is like, How can I select it's not random, the photons in the light, if they're not acting random, they are acting in a coherent way. So they have some kind of correlation between them. So regular light is you don't have this year. They're just like, moving. They're just moving like in spacetime. But when you're talking about quantum optics, you need to use some kind of generator of this coherent light because light itself is not generating it with regular light sources. For example, we were using different crystals. You're sending your laser to these crystals. And these crystals are so special that they create coherent light, which they are correlated in the momentum. degrees of freedom. And I mean, they go into two different paths read up, I mean, when you hit them with the laser, out of the crystal, you have two life paths. One goes one direction, or the goals pregnant, the perpendicular direction. The main property of this two beam is their entangled, momentum entangled. So   Pouya LJ  15:25 this one, so the past crystal,   Tugrul  15:28 yeah, after they passed, the crystal crystal generates, of course, what was the efficiency of this generation like 8% 10%, maybe, I mean, it's a lot less not that high,   Pouya LJ  15:41 so you get better you preserve. So the light that comes up at the end of it is less than 50% of what you actually put into it.   Tugrul  15:49 Of course, yes, of course. So you have less light now, but you see that they are momentum in the momentum, degree of freedom, they are correlated, I mean, entangled. One is plus one is exactly the same moment with the negative value. What we can do is that, so if you observe the two beams, so imagine that you have two cameras, one is observing the, one of the beams or the other one is observing the other view. So you have triggers for these cameras. So one photon, when one photon hits one camera, it checks exactly the same time, the other one grabs any photon signal. So if the two photon hits the camera at the same time, you're saying that, okay, two entangled photons, alright. Other than that, you're not capturing anything. These cameras are own only when two photons are era, photons arrive these two different cameras at the same time. Because they, of course, you're designing your optical path in such a way that they like they travel the same distances. Yeah. Okay, because its speed of light is constant. So they have to travel the same distance. So they're like interesting applications of this, if you put an object in one of these beams, if you try to collect the other beam, it gives you the image of the object without touching it. What I mean is that, for example, you have two beams. And in one of the path of one of the beams, if you put an object, you know that right, so some of light is going to pass some of them not because they're gonna be absorbed or reflected by the object. Yeah, so other beam says they're correlated and entangled. So when you get the camera when these photons get the camera, so they are going to be triggered only with the other photons that are passed and reach to the camera. So you're going to have a kind of image of the object with other beam, which has nothing on this path. I mean, this kind of the this is called Ghost imaging. Maybe I just was so bad.   Pouya LJ  18:12 No, no, I think I think so. Yeah. Yeah. Not good boy. Yeah.   Tugrul  18:16 Let's go. Yeah, it's I mean, it was like I was kind of trying to develop a deep learning algorithm to make the resulting images better increase the resolution of it, because you can guess that there's a noisy array. So they're very noisy. Yeah, no, that was a nice thing. Also, I was enjoying working with the group and professional. But so like, last year? Yes, this year right. Now, this year, this is not last year. So I just got an offer. This is really hard to keep track of time. Yeah, exactly. Thanks to COVID. I received an offer from a company, which is not related to my research background, I started to work as a machine learning operations engineer, which are used my skills that I developed during my free time, which I recall, was considering them as my hobbies. Yeah. Yeah, that's a kind of Sir. I mean, I am kinda like, also, like, not because only that was just happened in that way. Not because of that, but also kinda like jumping from subject to subject. Because, I mean, there are lots of things to learn. And I know I'm not gonna be able to learn everything that I want to learn, but still, I'm trying to do my best to learn there's   Pouya LJ  19:47 a there's a huge degree of attention people give to, you know, specializing in something which is like, of course important. I'm not debating the significance of that but I think I Sometimes it gets missed how, how good it is to actually do these jumps between in between topics in that, it gives you a broader sense of understanding because sometimes some knowledge that you gain in one field, although it's not necessarily you're not a specialized, you're not an expert in that field per se. But then it can that knowledge can be analogous in a different field. So it gives you some sort of perspective, I feel. At least that's my personal I had a similar experience, I have a similar experience. And I even for my academic background, I had a similar experience. I didn't know really what I wanted. So I really liked physics. I really like computer science programming, software engineering. I don't know I liked philosophy. I liked psychology I liked, you know, I even liked cinema, like I still do. Photography, cinematography. So it took me a long while to land on where I landed, ultimately. But so yeah, I did jump around quite a bit, too. And I think it is important not to discount it. I'll do a specialization is very important. Again, I'm not doubting that. But I think sometimes when we focus Oh, yeah, you have to specialize. It's what do they say? There's a good thing. Yeah, I don't remember the same but something something and then master of none. Anywhere. Yeah. So it means like, you're you're, you know, so many things, but then you're not a master in any of them. And they see that in it in a in a in a negative direction. Not that either. But there's in a negative way with a negative connotation, meaning it's a bad thing. And I understand they're saying, okay, mastery is important. Of course it is. But one of the things you can master is how to learn different things. And I think that is also important. Anyways, sorry to cut you off, but I just wanted to Yeah, but   Tugrul  21:59 you're right. I think I learned how to learn during all of this time. Yeah,   Pouya LJ  22:03 that's right. That's right. And, and how to think how to think because, again, when you, when you become a master in one very narrow, specific field, then you're very comfortable learning things in that field, but not necessarily in other fields. And you'll get used to and accustomed to thinking a certain way, but not another. If you will, your neural pathways are very much aligned with a certain thing. And I guess in in AI, you're saying you're kind of like memorizing that, that the training set, right. You're overfitting in a way. So that's, that's, that's that's the danger with with over mastering in a very narrow field. I think it's, it's my, from from a personal perspective, of course, it's not going to harm anybody, per se, but it can harm you mentally, not physically.   Tugrul  22:57 But also the other side of it is like, okay, but other than that, like he was, you also, can there's also risk that you can be like, underfitting, I mean, like, he is like, you can have some generalization issue. So, I mean, you can stay like it's not overfitting sense, but I'm kinda you can stay like a generalized way. How can I describe like, you don't have for example, for myself, I have some confidence issues too. So I never I in my life, I never think I am 100% sure of anything. Maybe that's the issue. If you are if I got an expert on some kind of special if I have some kind of specialty if I study or work on something that 20 years, maybe I can build that confidence that level, but   Pouya LJ  23:53 it's tricky. Yeah. Yeah, no, I know. i It's very tricky. I think I agree with you. I don't I don't think I know. I can be 100% Like, I will never give the number 100 I'm 100% sure I'm even if I'm really 100% Sure. I'm 99.999% Sure. Yeah, and okay, but maybe that's part of it. But it's a tricky line though. There's a very fine line between between confidence and arrogance, I think and and that's another issue that arises like you know, when you're too much of an expert in something you're one of the very few in the world who knows something about something then then the ego plays a role and then sometimes it seems it may seem like confidence, but it is actually arrogance. And we see that like I mean the academia that there's plenty of it of course in industry there's plenty of it. There's everywhere like there's plenty of it right? So yeah, I know I confidence aside, you need to like Grow your confidence and all that of course you know you personally but like the rhetorical you any individual needs to go to come Because, of course, but then there's also another aspect of it that I think, you know, I like the fact that I am I remain not 100% Sure on things because I always give myself room to self correct to admit that I was wrong too. Because like, for example, otherwise you become like this politicians like didn't do clearly they're not even sure like, they're not even like if you talk to them in person in a backroom, with nobody listening, no microphones, no nothing with their buddies, for example, they're gonna be like, Yeah, and I don't know, maybe. But then but then they come out and, you know, say with such confidence, because that's how they have to play the game of politics. Right. But then again, you but then that makes them not able to self sorry, course correct. You know, acknowledge mistakes. So I think the fact that you're, you, myself included, like we are, you know, not? How do we say is not? I'm not saying they're not sure, but we leave room for error, or mistake. Because it's how I look at it. It's, even if I am very much comfortable in the field, let's put the word expert or master aside, even if I'm very comfortable in the field, and I have sufficient knowledge i i feel uncomfortable saying that I am 100% sure that something is true or not, or I think that's me leaving myself room that, you know, maybe when I may even caveat that did saying that the current knowledge. And with my current understanding, yes, I'm 100% Sure. But okay, there might be something that I don't know about that, but certainly something that I don't know about and a lot of different ways, maybe in that particular field too. And maybe there's error in the way I think about the world because if history is any indication. Most people most of the time have made mistake, I don't know any famous or infamous individual in the history that you can name that did everything perfectly. Yes. Just outright impossible. And if they if the written record, say that, which I have never heard of any individual, but let's say even if the hidden rows are written record, say that you don't know if they're hidden lives. And anyway, so that's what I think. I don't know. My point is that I think that's not necessarily a bad thing. Although it can have some downfalls in sometimes you seem, may may not even be because I know you'd like your to your humble individual. And sometimes you you know, you're not comfortable. being super confident in your but then, like, I know you like I know that the grasp of your knowledge is high enough that you if you were an arrogant prick, you would be like, Yeah, I'm 100% Sure, get get lost. Right. So, but then you're not that's that's the whole   Tugrul  28:01 thing. No, I mean, I don't understand how you can be like that. How you can be 100% Sure for something doesn't make sense. I mean, today we don't we have so many questions, even Newton dynamics, you can question them, even people came up with like a modification or to Newton dynamics, you can't be 100% Sure, even your observations are like, sinful to fit. With the models you have no, I mean, you can miss something your brain evolved some millions of years as a result of like, trillions of different paths, like a survival tricks, like some extinction, etc, etc. But you're still evolving, your brain is still evolving Darla, so you don't know how much room left for your brain that can evolve, which can be huge, which I think can be huge, because we are probably far from being like reaching the optimal optimum point. I don't even know if there is an optimum point. I don't think so even though we have here like we have full of weaknesses, flaws. And we are not even sure that our brain is really a good tool, even like a perfect tool. Even understanding nature. Maybe this is our problem. Maybe we are not going to be able to solve the universe because our brain is not capable enough of understanding it.   Pouya LJ  29:23 Yeah, no. No, I don't I honestly don't know how you can do that. I think it's not that being too short is a byproduct of arrogance. That's my guess. Like, because the more humble people I've seen, the less sure they seem people who tend to be more humbled who tend to not be arrogant or egotistical. They seem that, you know, they don't seem like that they lack confidence. They're fairly confident, but they're very comfortable admitting that I don't know everything. And I can't possibly know everything. And I may be wrong from time to time. I may I may be wrong a lot of the times, I think that is, again, this is my observation. I don't have empirical evidence to back this hypothesis. But this is my personal observation, the more you know, grounded people I've seen the more humble people I've seen, the less they have that ability to be like, No, this is done. This is settled. And, and let's, let's take a point recently, something from a very recent history, and that was like during COVID, the COVID science, there was plenty of arrogance from very established either scientists or officials in the authorities of science, quote, unquote, that they were like, saying things that you know, this is established science, you should believe it. This is no, this is true. The lab leak is no, I'm not saying that. The you know, COVID leaks from the lab, but they were not even they were they were treating you as a either stupid or racist if you even questioned it. And I was like, How can you be so sure it leaks from not leaked from the lab, and it came from nature, when you don't even know the source of sort of like the origin of species of this thing? How can you be so arrogant about it? And then I gave myself the answer. I was really thinking that and I gave myself the answer. I was like, yeah, that's arrogant. That's why like, there should be no room for arrogance, the human arrogance and, or any kind of arrogance as matter of fact, but we only know one kind. And that's the human arrogance. There should be no room for arrogance in science, but unfortunately, there is. So I think that's that. I think I'd rather being too sure. Is a symptom of arrogance is or is a byproduct of arrogance, I don't know. But they go together. I think that's what that's where he I see it.   Tugrul  31:56 I think this guy, this is kinda like a defense mechanism like this kind of people. I think, probably I'm not sure, of course. They think that they think that maybe, if they're if people start to think that there is a room of questioning their knowledge, they think, in this case, they think they're weak. So that's why they are pretending that they know 100 person, should they become like arrogant? No, you cannot question my knowledge. Yeah. Because they don't want to be seen weak, or maybe they have a higher position in somewhere. If they, maybe they think that if they seem weak, they can lose their status, they lose their position, whatever. I think that's the opposite.   Pouya LJ  32:45 Yeah, so okay, I completely agree. But I also disagree that is completely opposite. I think it's kind of the opposite, depending on how you depending on the area, I think, so for, for, for somebody who's claiming that they are the authority, like a king, or an emperor, or a queen, or whatever, right. So that person needs to maintain that authority. So they need to be listened to and accepted. Right. Okay. So that's that. But that's why I'm saying this should be. So that's, of course, the end. And they lose the grasp if they don't, or they feel that way. Again, it's not necessarily true, I agree with you, if, if a Emperor King was humble, and was like, you know, I'll do my best or even a political leader, I do my best to the best of my abilities to lead, but I'm a human, I'll make mistakes, if they admitted that they probably win a lot of votes. But that's aside, when you're talking about science and technology, you know, specifically science because it's in my mind need to present it should represent something very pure, and remove the elements of human human nature, but rather be a method to evaluate to think essentially. That's why we call it the scientific method, right? It has to leave the interpersonal inter, to like within the human character, human species, ugliness out of it. Of course, it's not going to happen because it's just humans. So I think that's exactly that's the specific area that I agree with you it actually is not. If if you're wrong, and you admitted it, that's the sign of strength. And, and I think people do, maybe not consciously understand that themselves, or or think about it that way. But they really appreciate when you admit a mistake, because then they can rely on your words. Be like, you know what, this guy is not full of shit. This guy admits when he's wrong. If somebody constantly when they when they caught in a lie, or when they caught in a mistake, they still insist, then how can I trust them? So I think I agree with you They just feel that they lose. It's a defense mechanism, they feel like they're losing the grasp on of authority, which is not really true. They're they're losing it when they enforce it too harshly. There was a quote, I don't remember where I heard it or who I heard it from. But basically, it was saying power is like sand in your fist, the more you try to hold on to it, the easier it will spill out of your fist. And if you doubt that just go on a beach someday, not you, anybody who's listening and go grab a because I thought that I thought about I tried to go grab a handful of fist so sad. and strengthen the tighten your wrist fist, rather, and squeeze, the sand will spill out at some point you will not but then the more you squeezed, the more it spills out of your your fist. So that's what they're doing. They feel like they have to, like hold on to this sand tight and make sure it doesn't spill out of their fist, but then doing that they're actually squeezing it out of their, their fists, because by tightening their fist, actually, they're occupying the room that the sand should ergo the sand will spill out because their fingers will not get you know, break the nylon screws that tight. Anyways, so So I agree with you. But the issue is that the thinking is wrong, I think.   Tugrul  36:30 Yeah, but I think yeah, I think the root of this behavior is probably we can investigate, like we can discuss in evolutionary evolutionary way. Probably because of the past like, not too long, like like, if you go to check the history even go like ancestors. Being sure is probably this is above, like a, like a living or death issue, life or death issue. Basically, he has to be shared for a couple of things, really. Because otherwise you can die me somebody can write Okay, so maybe it is rooted somewhere there this kind of behavior? Because you instinctively you want to think that you will surely you have to show us your data, you have to strong you have to seem strong.   Pouya LJ  37:20 Because if you're not so sure you remain indecisive. And that's   Tugrul  37:25 it worse than being so sure in the past, like any evolutionary point of view, probably so, but so sorry, sorry, interrupting you. But sorry, what I was thinking is that, like, when I was saying the opposite is better, like not being sure, I was just thinking in the future. So we already evolved, we already have some complex understanding we already not in the part of nature anymore, we don't we're not scared of like, hunted by like a tiger on the way but so we are even like, not natural about like artificially selected. Because we have our system, everybody surviving. So feature, because we don't have these issues in more which is good, which means that we have a long way to go ahead of us that can focus only on humans feature like including science, technology, etc. So we are also like, complex enough to think about our thoughts. We are in a machine that can question itself. And so we are at this level, and so we can start acting like in a mental like in it, we have to start thinking that we have lots of rules that we can improve ourselves and we can learn a lot with no need to be so sure for everything we are not going to die.   Pouya LJ  38:48 Yeah, yeah. So this is where I classify actually I have this because I've thought about this and I wasn't thinking about it right now but I've thought about this in the past, I actually have I call it I mean I don't have a literal definition out there, but I have internal definition I call it these are two different things though. One is how short I am in theory versus how sure I am theory sorry, practically. So how sure I am in theory okay in theory nobody's chasing me. I have all the time in the world to doubt myself. In practice, in real life, when you're facing life or death or or matters of extreme importance, that can be very costly, either monetary or, or, you know, matter of life and literally metal of life and death then then then it becomes important. So then when it's in practice, then I think you should basically act on the best information you have. Like the highest confidence degree you have about anything, you just act on it. That's it. You're done. You don't need to think, think twice or three times. My point is that you can I agree with you, it's probably something evolved in us. But you can still even in that environment in a chaotic West West world, or or even, you know, rules of the jungle kind of thing, you can still have this element of I'm not so sure about everything and still survive. So long as you're like, I'm not 100% Sure, but I'm 90%. Sure. And that 90% is above everything else I'm sure about. So I'm going to act on that knowledge. That's fine. that'll that'll get you out of it and actually, actually probably get you out of it the best. Because you're not acting on a random information, you're acting on the information that you have the highest confidence. You're most shorter, but basically, but you don't have to say I'm 100% sure about that. You just have to be like, I'm sure enough, but I'm going to act on it. And then the question comes, okay, now I'm sure about something 90% on your shirt about something, some what number of a percent, and we have to do one or the other. And then we get into a fight about who's more sure. So it becomes messy. I understand. That's what I'm trying to say. But But anyway, so that's a theoretical, doubting of yourself. And then the practical being sure of yourself. It's Yes, I agree, sometimes being indecisive because when you don't choose, that's a choice. Sometimes people don't choose because they're terrified of their choice. And then that's the choice itself. They don't choose because if they feel if they don't choose they are they can make a mistake. But then that's the mistake itself, because by not choosing, you're choosing. Anyway, it's not to get too philosophical. But I agree. I think it's it's evolved to be in us because if we weren't so sure, then we were indecisive and would be would be eaten by bears and tigers and such.   Tugrul  42:02 So more. And also, I think we just recently learned what is what does that mean that being sure, I think it's it just came with it like a science and technology or understanding about how we can share about something this came with the some physical philosophical questions, because other than that, we can question about being sure because you don't know what, what is it? I mean, being chill. What does that mean? before?   Pouya LJ  42:30 I think there is a meaning before science in the like, Okay, if we take it to before, 2000 years before,   Tugrul  42:37 like, first of all, let's go down to a Greek oak, but the   Pouya LJ  42:41 Greeks will do the same thing. They would disprove each other. Right? They would but but that's but they were doing science. So I grant that. But let's go even further back, let's go 10,000 years ago, I think there was a degree of being sure and unsure. And I think that was linked to discovery because let's say a caveman that went out of the cave, and they were debating is like, No, I'm sure there's something beyond this hill, I gotta go see it. And the other guy was like, How can you be so sure? I don't know. Like, there is nothing beyond that he'll under you're gonna die and we're gonna starve in the cave because you're the hunter. So   Tugrul  43:11 sorry, I don't agree. I think that okay. Mice kind of my story is like, a guy who is like a strongest one on this, like a society that they had just decides instinctively, everybody follows. There was no debate probably.   Pouya LJ  43:27 Right. But but then he can personally be shown that he his confidence was false. For example, He's sure that there's a, you know, there's nothing beyond the hill. But then to prove himself, he goes, and then he realizes, oh, there's something down the hill. So I was wrong.   Tugrul  43:43 Yeah, I agree. I agree. Probably, like a personal, like, initial level of being sure. Very minor. They didn't question the list.   Pouya LJ  43:51 No, I don't I think you may be right. I think it's it started from the ancient Greeks when they started philosophizing and thinking semi scientifically, yes, I think I think   Tugrul  44:02 because you have different information to be understanding, okay, for the same concept, we have two ideas. Okay, which one is correct? Then you can think about, okay, how we can be so sure about which one is more correct. And compare? Yeah, maybe you need the comparison for ideas, at least. Yeah. Yeah. I don't know. Like,   Pouya LJ  44:20 I mean, I think, I think for that, as far as we know, at least, as far as I personally know, I think for that you have

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That is precisely what we discuss in this episode of BTP as we contrast it with the feature of modesty which can be indeed a virtue when done in moderation.   Daniel's Social:  Instagram: https://www.instagram.com/danmolgan/ Twitter: https://twitter.com/Danmolgan LinkedIn: https://www.linkedin.com/in/daniel-molgan-41812352/   Pouya's Social: Instagram: https://www.instagram.com/pouyalj/ Twitter: https://twitter.com/pouyalj LinkedIn: https://www.linkedin.com/in/pouyalajevardi/   Episode Transcript... ----more----   SUMMARY KEYWORDS modesty, arrogant, arrogance, people, modest, brag, black belt, talking, confident, achieve, life, hand, self esteem, leaders, insecure, success, achievements, confidence, inspire, express   Pouya LJ  00:08 Hello, ladies, gentlemen, welcome back to yet another episode of The BTP podcast. As always, I'm joined with Daniel Morgan. How's it going,   Dan  00:16 buddy? What's up guys? What's up Blue Jays, life is great and awesome. I'm so happy to be here with you basically, life is as always amazing. We're now going through the final phase phases basically of this goddamn pandemic. But the Delta variant is still causing some disturbances. But as always, I'm optimistic and life is good. Just waiting for life to move to where it was. And believe me, it will happen. All right, that's okay. Good, good. Confidence, tone, man. That was like a confidence tone.   Pouya LJ  00:50 Exactly. Not only confidence, it was very optimistically confidence. So I like that so lovely. All right, good. Good. I'm very happy to hear that. All right. So okay, today's topic we're talking about. So last week, we talked about to weaken per tooth, you know, phenomenon is called minimalism and luxury. Now recovering to other phenomena is called modesty. And arrogance. So modesty versus arrogance. So what do you make of it? How how much modesty is good, how much arrogance is good? And whereas, which are more important? Yeah, sorry, go ahead.   Dan  01:26 I see before I go ahead and give my assessment, I will actually ask you please find each of these because sometimes people don't know what modesty actually is. Like if someone right forever, perhaps does not, for example, want to have big ambitions, that he's modest. That's not modesty. That's passivity. So let's first go ahead and define properly for our listeners, what modesty and basically, arrogance actually are. So why don't you go to do that for our listeners?   Pouya LJ  01:53 Yeah, absolutely. That's a good point, because we need to get our definitions straight. So yeah, let's, let's say what we're talking about modesty, we basically mean that, it doesn't mean that you're not achieving anything, or you don't want to achieve anything, it doesn't mean that you're not ambitious. what it entails is essentially, you are, you're you are comfortable with not, you know, expressing your your your achievements or your desire to achieve as much as an arrogant person does, or, or, on the other hand, you can you can define it as you are realizing your own limitations within your within your capabilities. And that sense, that sense of realizing those limitation gives you a calm about your position.   Dan  02:42 So you're literally   Pouya LJ  02:44 on the other hand, arrogance, it portrays the opposite behavior, right? arrogance actually goes overboard, like you're achieving 10, then you're bragging, 12, or you're capable, interesting, or you're capable of 1210, but you're not aware of it, and you're going overboard and claiming 15. So that is how I see it, unless you have a slightly different discourse, what   Dan  03:07 you're saying is absolutely true. I just want to add a few points. Mises, D. modesty, basically, as we have noted, basically, it's simply your ability to keep your lips basically accolades to yourself, you see, whatever social success, whatever, you know, personal things, when you keep it to yourself, you're modest. So for example, let's say you have just won the grants for a major, let's say, Blue Origin type of research, because you're a cool astrophysicist from University of Toronto. Now, if you don't tell the whole world about it, including your answer doesn't even know what basically Jeff Bayes actually means. Then you're not exactly very much. So modesty just means you are happy with your success, you keep it to yourself, you don't really share it. Now, arrogance, as you said, well areas isn't just isn't only about you know, showing off, it's more about your attitude towards other people. Those who are arrogant, do not see themselves as superior, so much as they see others as inferior. And they make sure they they know that that right. So that basically they are putting others down, basically. Right. And that's called arrogance. And I believe that both approach, as you probably know, are not in my approaches. Why? Let me explain a moment. If you're so modest, but he achieved a lot of things, give it to yourself. And then you simply can never promote yourself to acquire more success, and others might actually not know what you're up to. So you might actually miss out on a lot of opportunities. If you tell the world that Yeah, I got this great man. Maybe they actually joined forces with you know, far better people to actually have a great lunch. I think they're handing it all to yourself. Yeah, it's easy. I mean, there's nothing noble about now, no modesty because it's easy. Just keep your mouth shut. That's it. You're modest with us. Not gonna necessarily help you achieve a lot of the goals you want to achieve in life, because you are not going to be able to attract enough attention to promote yourself to gain better opportunities and arrogance. Well, that's the sign of lack of self esteem. arrogant people are not show offs. They are those who show up to put others down. You see, if you have, for example, a Lamborghini and it came shown that on your social media story, like oh, check it out. Oh, I'm in my lambos By the way, guys, I'm talking to you. Yeah, I'm going to work now. I'm going to buy my groceries now. What do these things? Honestly projects? How do you feel? I mean, because these feelings are universal. When you see someone intentionally shows off the Lambo in every single store, and every single thing constantly talks about the color of my Lambo. What feeling do you have for this gentleman or lady?   Pouya LJ  05:51 Oh, I just feel like blocking them because I want to exterminate this post from my feed.   Dan  05:57 Because it's not attractive, man knows not attractive. Because we feel like oh, this guy's either lying, or he got it from his daddy, or he's actually faking it, or he's renting it. Because people who are confident in their success, they don't need to always brag about it. So I am not a fan of bragging. I'm not a fan of keeping it to yourself. Now people should do know, basically, if you're a big shot, but ultimately do you want to treat your success for you? or for other people, it's actually relevant a little bit to that luxury versus minimalism. And that when you are not an arrogant person, you don't necessarily need to bring others down. Just because I am rich doesn't mean that others should, you know, suffer looking at my Lambo when they have problems eating. So that reason, I believe that the best approach as always inspired by that, because when you tell others of your ambitions, others people say like, you know, what, why don't I have such ambitions? What does he have that I don't have? And the answer is always nothing, whatever anybody else has, including Jeff Bezos, you have it too. And imagine Jeff Bezos says, like, you know what, guys, I'm going to a trip. I can't tell you exactly what it is. But it's a very long trip. And it was going way up, way up way up. And I'm not talking about like, you know, going to these Fiji Islands. And people are like, Dude, what the hell are you talking about man? because in that case, but people that inspire others, so by sharing your greatness, you actually inspire the world. And let everybody know, dude, this guy came from a very poor background, and he's got all of these things, right? So by sharing your greatness, you actually can treat other people. But there's a huge difference between sharing your missions and accomplishments, versus being arrogant, and bringing others down and bragging to them, like, oh, check out my call, check out my watch, and so on. Yeah, I   Pouya LJ  07:58 think I understand what you mean. And well, I guess, I think is easier to dispute. And, you know, we all know arrogant people in our lives if you're not one. And we know how annoying they can be and how unattractive it is. and all that. modesty, though, I agree with you that it is still the same boat, like you don't want to be 100% modest either. But it has, especially in some culture, it has certain positive characteristics. So Biden by by, you know, by the fact that you are modest, you're getting some social points essentially, though, for you to me, but but for you to exhibit that I am modest, somebody needs to know something immodest about you and then know that you're trying to not brag about it. So it's impossible to be completely modest and everybody knows about it. By nature. So let's let's try and let Now again, I completely agree I you need to sit and that's why I mentioned that you cannot be 100% modest when people know about it, that's just impossible to do just think you don't you don't accomplish shit so. So that's that's that. But is there any place that we can't actually say, say good things about modesty? Is there any benefits in any circumstances?   Dan  09:17 moderation in all things and all things in moderation. As you mentioned earlier? If you are someone who does not overly, you know, basically exaggerate your accomplishments, this actually shows your level of self esteem. Understand, if you really don't need to bring others down to make yourself feel good as arrogant people do, then you do not need to always say like, Oh, please, please tell me how great I am. Because I know who I am. These things oftentimes stem from lack of self esteem and self confidence, and to the degree to which you are confident about yourself. And especially in those areas, because you have to be very confident when it comes to let's say your professional achievements, but very I don't know, perhaps insecure about your success, I don't know what your health or fitness or I don't know what your relationships with the opposite gender. So it is very possible to be quite confident about your money, but very, you know insecure about your wife's like, Oh gosh, I don't want to show it to any of my friends. It's not the wife of a friggin millionaire, Oh, shit. So in that situation, you have to actually look at your life as a whole. And realize, in all those areas where you are more secure about yourself, you generally tend to somehow not want to show off. So I mean, I don't know, some people just don't have a desire to show off how rich they are, because they know they're rich. And I want to thank those who are really rich, as opposed to those who don't take photos of their lambos, 25 times a day. They are the people who actually are rich. That's why it's like, so what's the point? I don't want to show up because I know I'm rich, what's the point. But for that reason, to the guy who's insecure about his, for example, fitness, now puts others down for being fat, or the guy who's in Serrano, some job, they put others down in the same career. So it really comes down to your overall level of self esteem and self confidence. And generally, those who are more confident they tend to be usually more modest. Right, right.   Pouya LJ  11:21 No, no, that makes a lot of sense. And I think that I think people pick up on that, you know, it's then and that's why I wanted to get at about modesty is that in moderation, as you mentioned. Now, there are certain times as you said, that it pays off to actually share your accomplishments. And I'm not saying bragging about them, per se. You know, you're you're in a social event you're talking is like, oh, what do you do I do this, and I've gone done that and etc. And now you can be proud of it. No problem. You don't have to brag about it, you can still be proud of it. Just imagine   Dan  11:53 you projects, being arrogant when it comes to some talks about, you know, these spaceflights all that like, oh, man, this guy went to sit and like, so let me tell you something about the science behind that your little shit. As a matter of fact, this whole thing has to go to the or from this angle, like, I'm just guessing something like this. But do you actually practice arrogance at all boutiques?   Pouya LJ  12:12 You know, we all have our down moments, I think, and maybe I have done that. But I do my utmost to control that side of me. But again, I'm not shy to be proud of something I accomplished, or something I know. And I distinguished from being in being arrogant about it, you know, meaning that, you know, I know this, and I feel good about it. But it doesn't mean that you can't, it doesn't mean that this is unique to me, or a few people like me, meaning I'm capable, and you're not, it just means that I have done my studies, and I have paid attention to this or that. And I have accumulated this knowledge and I know about it, that's, that's so in, in this specific sense. I mean, you can talk, you can say the same thing about, you know, something in business and income and, you know, worth of how much money you have. So you can say similar things. So in that sense, I think I distinguish being proud about your accomplishments or your knowledge, or whatever it is, versus being arrogant about it. As you said, arrogance is kind of about, you know, putting others down, meaning I have this in a way, but but then, but then it doesn't stop there. It goes to say I'm unique, and you're unable to actually achieve this, or accomplish this, or do this or know this, etc. So it has that element of I am able and you're not the kind of thing that I don't like, personally, because on the other hand, I'm a teacher, I know what people are capable or given the, you know, the right platform, the right, you know, scenery, to express themselves and to develop themselves grow, you know, do business, etc. So, so in that sense, I try to, I think I'm leaning towards a modest side, but again, sometimes I'm, I'm proud of my own, you know, achievements, accomplishments, because, you know, it takes it takes takes a lot takes, takes a lot of work and sleepless nights to study some of these topics that you're speaking of specifically. So I'm like, you know, I think I earned my brownie points, I'm gonna I'm gonna spend them some of them to feel good. So yeah, I think i think that i think that's the that's where I, where I lie in that in that spectrum. And I think, Now, tell me, tell me, tell me if I'm wrong, I think you you will have good insight into this. But I think there's a there's a degree of badness or let me say a little bit better. There's a decree there's sorry, there's a balance of confidence, and modesty, I think, in leadership positions that actually can bring a lot of people together.   Dan  14:42 Absolutely. I mean, just take a look at you know, the last disaster president basically left the White House. Realize that in all top positions, we despise leaders who are arrogant, we despise leaders who feel like they are some special snowflake somehow And everybody should treat them because you're so friggin special. We, as a species do not like these people, believe it or not. Now, there are a very small number of people who suffer from lack of self esteem, who find these things attractive. But the majority of us, we are repelled by that kind of behavior, right? Which is why it's so incredibly important to know that the higher your position, the more you have to show empathy. And the less arrogance is tolerated by your followers, because that arrogance makes them question your true integrity as a leader. I mean, if you really feel like you're the best, why do you keep talking about it? If you really feel like you're rich? Why do you keep showing up all the stuff? I mean, it's like a scan or something? I mean, is it real? Or are you really if you feel like you're the strongest and most powerful person in the world, then why are you so insecure about these things? So people start asking questions, and that is why, by modesty and not trying to constantly brag or bring others down, you actually tell the world that yes, I am. That guy. And that's going to basically impress everyone in this regard. to want to follow each one to listen to you. And egotistical leaders, arrogant leaders, as we've seen, will always go down.   Pouya LJ  16:17 Yeah, that's exactly I think, I think, I think you're right, absolutely. In the sense that, you know, higher you are, you have to be less arrogant or rather natural, less arrogant is tolerated. So by definition, you   Dan  16:30 have to be a democratic systems, it's right, we'll have a choice. Or actually leave, if you are just, you know, for a country, if you are the leader of an organization, you act like this, your team is going to leave, they're gonna find a shop, you know, in a different company, because it's like, another word for this douchebag, this guy is always arrogant is putting already down quantity with these people. Right? And but then again, at the same time, being, I don't know, a doormat is not good either. Because in that case, no one's gonna respect you. Leadership requires setting boundaries, punishing bad behaviors, and rewarding good behavior. So if you're a nice guy, and you say, like, you know what, okay, okay, you came, oh, Johnny, he came to work 30 minutes late today, like the past 30 days, no problem, probably, you really had problems, you can't be a leader like this, you're gonna lose the whole business. So you got to have that balance between the two. And allow them to know that, yes, you know, the boundaries, you are confident in your abilities, but you don't need their approval back and forth, back and forth back. That's just not who basically you are, because that's not what confident leaders simply don't do. They simply believe in themselves, they know what they're capable of, it's kind of like, you know, when you, you know, get your, for example, black belt, I run this, you know, I noticed something, a lot of my friends, when you get your black belt, you start having fights for good. I don't know any of my friends who got their black belts or who, you know, finish tough trainings, for example, like that, you know, for example, the underwater demolition or whatever it is, these when these guys, you know, finish some of the toughest trainings out there. Ironically, after they gain that confidence, that dude, I'm now Special Forces or Dude, I got now the black belt of karate or something, once they have that confidence in them, for some odd reason. Most of them never get into a fight ever again. Because like the way they carry themselves show that and I think we can be like that black belt in all areas of life, financial relationship. I don't know, knowledge, wisdom. Once you have that black belt of wisdom, for example, you're not going to be you know, something like, Oh, I am so wise, please tell me I'm wise. I'm waiting. Nobody. Oh, boy. So that approach simply shows that you're real, you're faking it, that you're no real steps, right? Which is why I always like Dan, I'm afraid of making post on social media share my ideas. I say, Why? say there's no one's gonna like them. I say why do you need their likes, like, but if no one likes me and my posts, then I feel like I'm not important enough. It's like, dude, talk to yourself, as if you're talking, you know, in a vacuum or something, ignore that. And please be aware that it's not about being liked by their sight, but by being heard, which is why I also like, views are always more important social media than likes, likes mean. Views are what generates think of, for example, you know, top platforms, top platforms and top you know, influencers are the ones who don't look to be liked. They say what they want and I like, that attracts more attention, right? But those who are like, well, the guy says, Well, if I take you know, shouldn't my shirt off and just take muscle photos, I get a lot of likes, so I'm gonna keep doing that. So they can never express themselves or the girl says, Okay, if I just get bikini shots that I will get a lot of likes. So they, you know, pages become, you know, boring and meaningless. But once you ignore that approach, and say, You know what, I want to express my thoughts. That's it. I don't want likes. That is that lupino blackbelt, if you will, let's go with confidence and everyone you attract more attention that way. While in all areas of life, yeah,   Pouya LJ  20:03 I think actually absolutely right. Because especially with the advent of, you know, technology, social media, and on the other hand podcast is like the best podcasts are the most sincere and real ones they will relate least super structured like a sort of like a corporate media levels are structured, that the more sincere It seems that the more attention he gets. It said there's a there's a thirst for sincerity, it means it seems shallow there is Yeah, I think I completely agree with that. In my personal experience, anyways. Okay, so we talked a lot about, and I think I think we're honing on a point on many of our episodes about most things, many things. And that is, there's a balance required of finding the point of balance is the hard part is the difficulty. And and you'd never get there without trial and error. You never get there without getting your hands dirty. Doesn't matter how many books you eat, it doesn't matter what you do, you ultimately need to actually do it and see Oh, wow, I was too arrogant here. Oh, wow, I was too modest. Nobody knew what I achieved. So. So I think I think there's a good good segue to say, to bring this show to its conclusion. Is there anything you think we have missed that requires further brush up?   Dan  21:24 Well, first of all good topics is always projects. And as we compared arrogance versus modesty, we realized that in the end, what truly matters is a sense of balance. There's nothing wrong with being you know, satisfied and happy with who you are. There's nothing wrong with loving your success, because that's called self love. And self love is the foundation for loving others. If you don't really love yourself, you can't love other people, if you don't really like and are proud of your work, how do you want others to be inspired by you. So you should like that. But at the same time, being arrogant and trying to show off and especially by bringing others down. That is a short term approach to gain that, you know, feeling of self esteem, which we all look for, it's like in the mass look, you know, hierarchy of needs, right? So for that reason, we believe that it's better to fully stop with arrogance. arrogance is always a bad thing. There is no such thing as moderate arrogance. arrogance itself means you bring others down. So it must be removed. modesty in Your hands should be practiced with you know, moderation, because if you're too modest, you're not helping anybody. Because in that case, you will actually not inspire others. Now, if you are modest about your finances, you're definitely helping yourself by avoiding pay as much taxes as most of you do. Which I'm a fan of, by the way, because I mean, in that one case you've read, you probably don't want to show off. But generally, if you have other ideas, you want to understand that those who are the most confident, usually aren't always talking about that stuff. They aren't talking about their achievements. Rather, they're actually helping others to become achievers themselves, right? So by putting this focus on them, and not on you, you actually become a lot more confident and a lot more popular among those around you.   Pouya LJ  23:08 All right, that makes a lot of sense. I think that was a good conclusion. It had hints of what we didn't talk about and a lot of what we talked about. Thanks. As always, Dan, for joining us and having a moment. And thank you, everybody for participating listening, tuning in. I hope you participate by leaving comments, suggestions, you know, topics that you want to hear about in the comment section or directly to me or Dan through social media. You know where to find us. It's in the show notes as well. And until later episode, have a good one.

Showing off wealth and luxuries is at an all-time high thanks to the influence of social media but what about all the other individuals who resort to a life of minimalism? In this episode of BTP, we contrast luxury with minimalism and offer our solution to strike the right balance between the two.   Daniel's Social:  Instagram: https://www.instagram.com/danmolgan/ Twitter: https://twitter.com/Danmolgan LinkedIn: https://www.linkedin.com/in/daniel-molgan-41812352/   Pouya's Social: Instagram: https://www.instagram.com/pouyalj/ Twitter: https://twitter.com/pouyalj LinkedIn: https://www.linkedin.com/in/pouyalajevardi/   Episode Transcript... ----more----   SUMMARY KEYWORDS luxury, minimalistic, money, minimalism, people, traveling, spend, buy, life, minimalist, mining, lambo, check, cars, education, luggage, pandemic, absolutely, photos, lifestyle SPEAKERS Pouya LJ, Dan   Pouya LJ  00:09 Hello, ladies and gentlemen, welcome back to yet another episode of The BTP podcast. I'm joined as always with Daniel Mulligan, how's it going, man?   Dan  00:17 Whatever, man, buddy, how's it going? How are you good to hear your voice Been a while, we've been super busy with a lot of things here, and I'm sure you're there as well. So life is absolutely great, I'm actually getting on the road these days a lot more frequently than I used to. So we're getting out of that, you know, pandemic lockdown mode, basically. So I'm pretty excited. I've already actually sorted a lot of my trips. Although these days for the sake of not having to deal with major problems, I actually keep most of my trips much shorter than usual. So if I used to stay in any country for like, one month and a half now it's like more like a week or two, to make sure that there's going to be any major problems. But fortunately, we're seeing gradually the world is opening up. And thanks to, you know, a wide spread vaccination basically. So that's a very good news for people like us who are always on the road and who don't want to just deal with the hassles of having to go through these bs checkups and bring your results. And now we have things like you know, vaccination, passports and so on, which are pretty good, although it's a little bit political, but very good. This is definitely gonna, you know, accelerate the process, moving around, and just, it's gonna open up the borders and make it easier. So I'm pretty happy about that one. And life is great. On my side, haven't you man? How are things? I literally was shocked when I saw a couple of photos you sent me yesterday about you mining Bitcoin with those fancy devices, man. So what's the story in it?   Pouya LJ  01:41 Well, you Oh, actually, I'm actually mining etherium. But yeah, that's it's I don't know, it was one of those things that I picked up during the pandemic, essentially. Yeah,   Dan  01:51 it's probably, I don't know, maybe on your Instagram page or something you just probably shared. That stuff looked really like it was crazy, man. It didn't look like a normal thing to happen. And like, it seems super fancy as if like you have like no laboratory dedicated entirely to cryptocurrency mining or something. It was pretty cool. I mean, maybe should later check and check it out. Guys. I can go to his Instagram. See from the photos. It's really fun. So how long has it been since you've been mining?   Pouya LJ  02:20 Yeah, I'll drop those photos in the shadows too. Just Just because we talked about it. Yeah, it's been I think it's been since late February, something like that. Yeah.   Dan  02:31 You're late starters, it has a lot more than you know, it's not like, four or five months or something.   Pouya LJ  02:36 Yeah, I know. It hasn't been that long. And honestly, at that point, I was trying to pick up a project. And I was looking at, okay, what's out there and I've done this, I've done that. I want to do that later. It's gonna be a lot of time. And then I came across this one, I was like, You know what, why not do this? I haven't done this for so long. It's it's a good time to pick it up. And I did. And I was like, You know what, it's also a good passive income kind of thing. So I mean, I'm not   Dan  03:03 actually listed with the income aspect of it. I mean, I don't know about things in Canada. Are there any taxations By the way, for any mining, or you're not going to be taxed?   Pouya LJ  03:11 Yeah. So not for mining per se. I suppose. If you sell it in in the form of cash then it might be but I have no intention of selling me so I'm not actually selling any of them. So in   Dan  03:26 the Canadian government, so you guys back off.   Pouya LJ  03:30 Yeah, no.   Dan  03:32 taxable a lot. I mean, they're, they're like Europeans. They tax.   Pouya LJ  03:35 Yeah, no, I mean, that's true. But on the other hand, they only texted on currency, as far as I know. Like, I mean, there's no it's not   Dan  03:42 like the US where you're basically crypto wallet is also centered your taxation. It's not like that yet in Canada.   Pouya LJ  03:49 Yes. So I'm not too too sure. Like whoever listening in Canada don't take this as advice to be honest with you, but I'm pretty sure if you hold it as that currency No, but if you do sell it, then you have to Why do you have to so if so, for example, let's say you bought $100,000 I mean, that's a long large sum. But let's say you buy $100,000 worth of whatever bitcoins, let's say, and then you sold it again now you're on 120. So it's similar to stock markets. I saw that prop So yeah, I think Yeah, exactly. I think that's still stays the same. But mining they don't like I don't know technically, that's pure profit, I suppose. But on the other hand, it's not really and it's not so my project is not that massive to be extremely noticeable when I'm talking about it. I guess it's public, but either way I when I if   Dan  04:41 you share those photos, people are gonna change their mind.   Pouya LJ  04:44 No, but if I if I had to be absolutely honest, if I do sell it, I'm going to declare it in my tax returns, no doubt, but I have absolutely no intention of selling it.   Dan  04:53 That's the culture of Canada. These guys just love their government. They're so peaceful they they share all the electricity What I made and here's my tax I'm gonna pay some extra for the sake of the community. Love the Government of Canada. Yeah, that's right.   Pouya LJ  05:05 I don't know taxes to be honest with you absolutely do not. I mean, you got to do what you got to do.   Dan  05:11 I see and one thing is gonna be like profitable. Do you think in Canada, given the cost of the equipment, the electricity and so on? Oh, yeah. So thankfully,   Pouya LJ  05:19 I had some of my equipments from ways back. And the other ones that I added on along the road. A I managed to get at a very decent prices. So yeah, those those Oh, man, so shopping them, I   Dan  05:33 don't know, Black Friday, something you get, like 90% off and something and start mining that stuff.   Pouya LJ  05:38 Yeah, it wasn't particularly like 90% off. But yeah, I got a I got a few good deals, here and there. And you know, how they're very rare these days. So I know, right? If you can even get it out. MSRP it's I think it's fairly fairly good price. But, but yeah, so the class costs are were too high. And electricity is not too bad. Actually, I don't pay electricity at my place, specifically. So it's kind of included. Oh, so you're renting now? Right? Yeah, I rent.   Dan  06:08 That's like that's like miners dream country?   Pouya LJ  06:11 Exactly. I mean, again,   Dan  06:12 I'm not sure about your landlord. Probably.   Pouya LJ  06:15 No, no, my landlord doesn't pay either. It's so the condominium entirely is basically paying one utility for everybody. And again, my project is not so so big that it would cost like if I were to pay it, it would probably add, I don't know, approximately less than 50 Canadian dollars per month. Wow. Okay, I   Dan  06:38 got it. That's right, pretty well, pretty well, but overall, nice, nice, you know, thing and to hope you're gonna succeed. And you can later on later on share with us exactly what happened and how the whole thing went out?   Pouya LJ  06:49 Oh, yeah, for sure. Well, we'll have episodes on that for whoever's interested. Today, though, we're talking about something slightly different. Actually, we can relate it to anything for actually I thought about relating to things already. So it's basically minimalism versus luxury. Let's, let's define them first. I guess for those who don't know why luxury, I think everybody knows. But let's define minimalism. For those who might not have heard of it.   Dan  07:13 I can guess, right? Well, very nice. Of course, the word itself is self explanatory. It comes from the word minimal, meaning living, basically, your life in a way that you just spent enough to meet all of your basic needs, without any money spent on things that are not absolutely necessary. So of course, what is truly necessary, it is really subjective, I guess, it depends on who you are, your background and so on. However, I think that in the end, it really comes down to you living kind of like, you know, below your means as much as possible to make sure that your life is sustainable. And you're not having a you know, a lot of basically consumption at the end of the month, basically, which is called minimalism. Now, there are various types of minimalism some of the extremist types, where they have to just, you know, literally, you have to live in a cave somewhere or something in that situation. Yeah, probably, it's gonna be weird. But ultimately, it's about living below your means trying to save as much as possible. So the focus in that lifestyle is much more about spending less. And in a luxury lifestyle is much more about making more. So these are two very different approaches to life, those who are on the, you know, luxury lifestyle category, they don't believe in not spending, basically, they believe in spending more, but they have to focus on earning more as well. And those who are on the minimalistic side, their focus is mainly on spending less. So they tend to spend their time and life basically in very different ways. And they end up having very different lifestyles. So that's what you know, we were talking about minimalism versus luxury lifestyle, this first lecture, we already know what that means. And there is pretty much no limit to how luxury your life can get. And when it comes to minimalism, however, there are some basic limits, I mean, us really can have, you can literally go on so many few meals per week, right? So you can, there's a lot there's a bottom limit. When it comes to luxury, there's actually you know, the sky's the limit, basically.   Pouya LJ  09:09 Yeah, that makes sense. Okay, so I actually thought about a few things to relate to whatever we said before now, let's go back to your so you were telling you're back on the road, you're traveling and you know, and you were saying you're on the road a lot, so you don't stay for long periods of time, particularly. And I was thinking actually, you know, a minimalist luggage would actually help a lot.   Dan  09:36 Unfortunately, I always travel with two languages that cover the problems that I have basically. Now, generally, that's not a big deal. It's my habit. Basically, I rarely travel with one luggage, mainly two languages, because I tend to stay as I mentioned earlier, usually Of course now the pandemic has changed that. But before the pandemic I rarely seen any place less than three weeks to a month. Basically so I need to have more clothes, some you know, for business some for, you know, going out and so on some you know, for the gym for that reason I rarely travel with only one luggage so I do not travel minimalistic that to be honest with you right now, because it's not possible for me, quite frankly. And I have a lot of devices. And I don't know, multiple phones, basically phone phones and both androids and iPhones for different countries. So it's kind of hard to put it all in one language and just call it a minimalistic Well, let's go man, I just got this tiny little luggage here. That is not for me, unfortunately. But I sometimes like these people who are traveling with like, you know, like luggage and like, Dude, this guy's ready. It's so much easier that way, I guess for these guys. Right? And generally, it's their style, but for me, unfortunately, I tend to be on the heavy luggage type basically. So if I'm not flying business, then I should always pay extra for basically the luggage.   Pouya LJ  10:53 Gotcha. Gotcha now, so Okay, the reason I mentioned this is so I don't know to me like I know some people adapt luxury or minimalism as a way of life very generally. So basically applying it to all aspects. But for me, I think you know, as Jocko with Jocko Willink would say it's there's, for me, there's a dichotomy, like, there are some things that I absolutely go minimalistic, for example, and this is not by any philosophy or anything, it's just by happenstance, now that I'm thinking about it, for example, travel. Now, I'm not saying I'm gonna go with a fanny pack. I'm not that minimalistic, but I'm relatively minimal minimalistic, let's say, compared to average. And that is, like, I go with as little, you know, luggage as possible, maybe a backpack and a small suitcase? That would be that would be I mean, I also I'm not going on, you know, these kind of travels that you do, you know, I don't need that much stuff. So, my point is that I think it, it's very area dependent. For me personally, in some areas, I'm fairly minimalistic, and I'm so so for example, I have three monitors. That's absolutely not minimalist.   Dan  12:03 I'm pretty sure when it comes to tech, you're definitely not a minimalist. Take a look at that photo, guys. And in the show notes, you'll see that that is not minimalist at all.   Pouya LJ  12:10 Yeah, no, that's, that's, that's what I mean, like, so I think read monitors just   Dan  12:13 in that frame. Just look around the house, you're gonna find out there four or five display somewhere else?   Pouya LJ  12:18 Well, the TV's separate, obviously. No, no, but so do you see it this way, as well? Or is it   Dan  12:26 again, you see, that's what you said, it's about lifestyle. Man, you are definitely not minimalistic when it comes to, this is what I what I think about you, I'm pretty sure you are not minimalist when it comes to technology, or even education. Because I mean, for example, you have a huge desire for learning a lot of new things. You're not a minimalist, minimalist, says, Oh, I got my Bible, I got my Bible, and that's all I ever need from Allah. I'ma read the Bible all the time. That's the only book I need. So, if you're one of those, yeah, that's called minimalism regarding education, right? The Bible, the Bible is all information. God knows all I got the book   Pouya LJ  13:02 has all the information from 10,000 years ago into that, right? Of course,   Dan  13:05 and that's the only one I love me. So that's gonna be basically, you know, educational minimalism, if you will, right? People who are like that will live very differently, right? And not that there's anything wrong with that, of course, we respect people of all faiths and beliefs. It's just that someone who lives that way will have a very different life than someone like Fujitsu. I don't know, loves technology reach a lot and you know, pursue education abroad, right. So these are the, you know, these who are going to have very different lifestyles, right? So minimalism is relative. But usually, when people talk about luxury, they only talk about one aspect, which is, you know, the money and all that stuff, right. But in fact, luxury can be literally defined, depending on how you live, for example, one of the biggest luxuries would actually talk about this issue not long ago, in one of our programs. Generally, luxury can be seen in variety of, you know, wage, yes. When we say the luxury people think of, I don't know, Chanel and for example, you know, leave a ton and super expensive, you know, cars and so on, because they are looking at luxury from a consumers perspective, right, or from a, you know, vanity point of view, right? Oh, show off and all that stuff. But luxury could be seen as you having enough time every morning to go for a jog, without having to rush to work because you know, you are working, you know, running your own business, again, actually dedicate a couple hours in the morning for, you know, some jogging without having to worry about the traffic, right? That's a luxury. And I think that for me personally, as you probably know, that's one of my luxury that I had every day. And I value that a lot more than I don't know, having to always, you know, be in a super fancy car. So if you told me down, I'm gonna give you right now a lifestyle where you can drive a fancy car every single day, or you can have that one hour in the morning for, you know, jogging, and you know, somehow meditation or something like this. I will pick the second one because that for me is a lot more valuable, right? Which is why we should look at minimalism the luxury in different contexts. That by default is about you know, vanity, buying stuff large homes, I don't know, cool, fancy travels and whatnot. But even if it comes to travel, I'm actually really not a fan of most people will let you know what people call traveling, I don't know your book, I don't know, three days stay in a super fancy hotel, you go there, and you're there for three days. And that's it. That's not traveling, when I'm traveling, I want to be there, I want to, I want to feel the country, I want to speak his language, I want to know the culture I want to be and you know, be there for at least three weeks to, you know, one month, one month and a half, to fully immerse myself in their culture, and that it's a form of luxury, which sometimes can actually cost a lot less than your super fancy five star hotel travels, right? So it really I think depends on our value in life. If it, you know, comes straily about you know, just the money and all that yeah, it's just about minimalism means you spend less money, and luxury means you spend more money, but we have different types of luxuries and different types of luxuries bring different types of you know, for example, experiences in life, which is why we should look at this issue somehow subjectively and divide it into different groups of luxuries in different groups. It could be extremely wealthy, and drive fancy cars and you know, drive, get a private jet, but be financially minimalistic, or sorry, be educationally minimalistic, or be physically minimalistic. This means that you don't take care of your body, for example, I don't have time to learn new things, and All you think about is to make more money. And at the end of the week, you say, Well, I'm gonna go to church have a good time I get my Bible, that's all one thing. So this is one lifestyle, this guy lives a very, very high quality, luxury, you know, lifestyle in terms of how he spends his money. But in terms of education, and in terms of health, this person is minimalistic, because he has no time for an ability to shape or improving, you know, perhaps his or her knowledge, right? At the same time, you could have a college kid who has a lot of time in the world for, you know, building a good shape and learning a lot of things but might not have enough money for traveling or buying, you know things right. So generally, I personally, as I've already mentioned, I'm not generally a fan of luxury in his traditional sense, because luxury generally is pretty much about showing off, right? Look at me, look at what I got. And I personally believe that people who try to show off with wealth, especially nowadays, thanks to social media is becoming even more popular. I don't know, you get your show off, you're driving your Lambo. And you take a photo with this, you know, cool thing you got on the yacht in here, or Yeah, I'm an accountant, a junior accountant in this company that I hate, but I'm traveling all the time, take a look at my photos. So these are the things that people tend to show off with which I am against, because I really believe that that can only develop, you know, resentment among those who are less financially fortunate. And ironically, it's not even necessary, because the problem is showing up with money as this money can be transferred to you without you doing anything, you can just inherit that you can just win in the lottery right? And trying to show off with money. And let's be honest, this could just be totally faked. Right, just downright you just, you know, rent a Lambo for two days, that's your entire month's salary, and then you start showing off to create a course on how they can become wealthy. Well, if you want to look at it, you know, basically, as a business point of view, no problem. I mean, you're a scammer No problem, you just got to put your months of salary you earn working in McDonald's, to, you know, take a couple of videos for two days and then create an online course how to become rich. Yeah, you could do that. It's not necessarily an ethical approach to you know, making money, but it is one way to do it. And unfortunately, people who are on social media, you know, do these kinds of things, unfortunately. But in reality, I believe that there are far better ways to show off than just buying luxury, the best, which, of course, is who you are, I think, who you are and how valuable you are, and how much contribution you can make to society are far better signs of how worthy you are than how much money that there are many people in this world. We're not millionaires or billionaires, but who are making great contributions or who have great abilities that can make them stand out and I think focusing on who you are, and your abilities will be a lot more effective means of trying to perhaps show your worth then everybody ready nobody's no one's gonna say like, yeah, I want to do the same thing. I'm a piece of shit that was going to say that the need for self esteem is a basic need as part of it, you know, Maslow's hierarchy of needs, everybody wants to feel that sense of self is everybody wants to feel good about themselves. I am so and of course when that feeling disappears, we have things like depression, suicidal thoughts, and so on. So everybody has to have a self esteem, nobody has to feel good about themselves. And the feedback we get from others definitely does matter. But in the end, you can do that by buying fake Gucci's and pretending to be someone you're not. Or you can simply do it by showing how great you are when it when it comes to painting, or how such a great thinker you are, how such a great athlete you are, how fast you can run or I don't know how well you perform on the stage. When you do your, you know, theatrical plays. There are many ways for us to show our worth. And I think the worst Way to show your worth is by money, because that is probably the, it accomplishes the exact opposite. When a person says, check out my cash, Oh, I got 200,000 in my hand, that's all by the way, like $1 bills, something that you want to get looks so big in front of the camera, I'll look at all these bills in my hand, I'm so rich. Well, what that person is trying to say is look at me. I'm good. Please tell me I'm good. And please love me. That's like the intention behind that, right? Or, alternatively, look at this. I grew up in filth, I came from a shitty background, but now I'm rage. So I'm the only rage and I feel I have a serious complex. So whatever you do, the impact of that will ultimately be negative. Those are like, Who's this idiot, man? Gosh. And sometimes this behavior actually attracts the wrong types of attention, thing criminals who say, Oh, this guy's got some, Where's his location? Oh, see? Or if you're working in business, the tax basically auditors. Oh, wait a minute, let me check this guy's Iris report, ah, this guy recorded only $30,000 of income. But this guy's driving a Lambo, oh, we're gonna go for a new audit. So basically, you end up accomplishing the exact opposite of what you hope for by trying to show up with money. On the other hand, imagine you show off by your ability to play chess, I'm the world's best chess player, no one can take that away from you. I'm show off with my ability to paint well, and I share my photos on Instagram of how such a great painter I am. Well, no one can take that away from you. But money could be stolen from you and could be taken away from you and can simply be faked. Or just got, you know, in order to become great, you know, a chess master, you got to put in the effort. But it can be rich overnight, without working so hard to become a great painter, you're gonna put in a lot of lot of, you know, hours into this to actually reach mastery. And once you get there, nobody can take it away from you, right? That's not the same with money, which is why I am vehemently against luxury, especially the way that we use to show off it just First of all, based on my estimation, most of the people who do show off with money generally aren't either that rich, or even if they are that rich, they probably are lowering their value in the eyes of other people. And but most luxuries are not purchased. I actually had a poster for this a while ago. And I actually looked at those around me, those whose net worth exceeded $100 million, and those who are like in a couple million. And you'll see that as the network comes down, luxury goes up. And as net worth goes up, the luxury comes down to the guy whose net worth is 100 million. You don't see him flashing cool stuff. And even if he has cool stuff, he doesn't show it to anybody. He just maybe some guys really love to drive a Lamborghini. Right? This is like he's a car nerd. Right? He drives his Lambo, but you're never gonna see that photo on his Instagram, right? And the guy who has his entire wealth is $3 million. gets himself I don't know, into trouble by buying two luxury cars and being under debt for many years. Right. Which is why I really consider that approach to you know, luxury to be extremely, basically, probably a great way to show how pathetic you feel and how empty your life is from the inside. Because those who already have the money, they don't really do it. And those who do it, in most cases probably don't have that much money. So just brings it into the whole dilemma back in the you know, the spotlight and how ineffective this bursary is.   Pouya LJ  23:26 Yeah, that makes a lot of sense. And I was thinking about, you know, what I am, in this sense as you were talking and I think by default, I am a minimum. I think that might be true of everybody. I don't know, but at least me. I think by default, I'm generally minimalistic. And then I pick and choose. So for example, as you said technology, education health. I definitely i'm not i'm not shy to spend as much as necessary on three. So yeah, I can't think of anything else that is valuable to me personally, right now. I mean, I haven't thought about it too long. But right now that I'm non minimalistic, maybe a little bit luxury about it. Do you have any areas that you spend a lot of time attention money perhaps on besides I don't know, let's say travel?   Dan  24:14 Well, you mentioned the first one, by the way, I don't believe if you spend money on things you're passionate about that is not you know, showing off that is not you know, luxurious consumption. It's just because of your passion. I told you even if you have a Lamborghini, if you really are crazy. I have some friends who are crazy about cars, man, like, man, check out this. Check out the sound, man. It's so fucking cool, right? So these guys, and they talk about these things, right? This guy, if you really spend money on Lambo, even though it's expensive, that is not a luxury consumption, because this guy's passionate. You see, I consider luxury consumption to be done solely with the purpose of impressing other people, including buying things you don't really believe in, but you feel that gives you that attention. And then is the real. So it's really all about the intention. Bill Gates, loved cars, Bill Gates has a huge collection of cars from the very beginning of his, you know, his career, he still does. He's got many garages full of luxury cars, but not a single person on earth knows that. And not a single magazine has ever shown in brain one of these cars. He intentionally avoids that. You see, this guy is one of the richest men of the world. He's unfortunately, he's not the richest at this moment. But still, the point is this, this guy loved cars. And when he bought these cars, it wasn't for showing off was this. He's, you know, he's just quite crazy about these things, right? The same thing goes with anything else you can spend money on, you know, and spend big bucks on things you really are passionate about. But the question is, what is your intention? when I'm traveling? First of all, I don't even actually post a lot of these Oh, I'm here I'm there is location things often do? We don't travel that much. And number two, I don't even announced, you know, recently that much. Why? Because when I'm traveling, I'm not doing that to say, Oh, yeah, I'm traveling Check. Check this out. Because I from from a person that's like a lifestyle, right? The other thing I knew I spend money on is perhaps clothing and accessories. And again, that's purely because of a personal interest, not because I want to say oh, I spend a lot of nice branch. No, because I like the students, I believe that most men dress like shit. And I don't like that. I think that men should change their approach towards dressing. And if I could be a role model and help other men to change their salad dressing and pay a little bit more attention, not to dress like their grandpa's, maybe that'll be a good thing. But that's just for me personally, right? It's just a personal passion. But I have zero interest in things like luxury cars, or luxury brands, or I don't know, oh, check this out. I got this cool washing here. Yeah, I will have a decent watch a couple of them. But that's it. It's not just you know, to say, oh, check this out, by the way. Oh, what time is it? Man? Oh, that's right. It is 30 minutes to Rolex, good seeing ya. So that's not going to be like, I mean, that's just so pathetic when I hear these things. So I am vehemently against those types of luxuries, pretty much almost all of them. And when it comes to education, I have no lunch. I don't care about the price tag of anything education. Well, there's a seminar, whether it's an educational course, you do give me the price, I don't know, half a million dollars for this course, I'll take it no problem, because for me, education is always an investment. I see it as investment as soon as it tripling that money. So if I put a half a million under education, I'm gonna get a minimum a million, you know, and 500,000 back, right. For that reason, for education, I have no limits. Because for me, you can never learn something too much. Right? So that is just about the personal balance. And for me, that's what matters. So if I wanted to say, to which things I spend money on, you can actually check out you know, know these things by looking at your bills, because I literally do this. Each month, I look at you know, all my expenses, I use all of my, you know, bank accounts for different countries to see what actually spent money on. And it almost always comes down to education. It comes down to health and fitness, you know, healthy food, high quality nutrition, and supplements and vitamins, all that stuff, which I for me, there's no limit, health, healthcare, investing doctors at getting appointments, checkups. And of course, for things that directly helped me like traveling, clothing and so on. But I rarely spend money on things that are absolutely useless. Because for me, that's not going to change me, right? It's not going to make my life better. And if I ever do it, I'm doing it with the intention of impressing others. And that always backfires. Because the worst way to get other people's admiration is to do it directly. Like, oh, tell me I'm so great. Check out my car. Oh, I'm a piece of shit. I feel empty from the inside. Please tell me I'm good. Please look at my Lambo. Oh, no, please like it too. This only shows a big hole inside of you. Right? So any purchase I make? I make because of me not because I want to show it off, or because I want others to say wow. Because I believe that the best way to make up your mind about your expenditure is to ask yourself, Is it for me to actually want to buy anything? I'm pretty sure he did not buy those cool gadgets for mining because you wanted to show off that Oh, check out No, you want it for you. You spend money for education because of you. And when you spend money because of you because of utility and really what you are passionate about that is I think the right expense. But unfortunately, a lot of times we don't buy things because we wanted for us. Many people prefer basically Android to iPhone, but they have to buy an iPhone because that's you know, that's going to be cool. Or I myself, I always get the latest iPhones because I love iPhone, but I never buy the pro version. Why? Because I hate to say like, Oh, my camera got my camera got three lenses and yours got only two. That's just so pathetic, which is why I intentionally always buy the latest iPhone but I always buy the basic version to make sure that it's not a luxury expense. I just use it for utility for the latest hardware for the latest, you know, benefits that comes with the latest iPhone, but I never go for these pro pro max all these crap basically Why? Because my intention is always one thing utility not show up with money.   Pouya LJ  30:15 Alright, I think that sums it up. That's that's a perfect way too. perfect place to stop. Is there anything you want to add? Or? We're good?   Dan  30:23 Well, that was a very special man. And I enjoy talking with you about these two things, we really are the question, we have this luxury approach to life. And we have this minimalistic. And as we probably know, the best approach is somewhere in the middle, I don't recommend our lives, like Daniel said, I should have abandoned Okay, I'm going to live in a cave. I'm going to drink goat's milk for the next two years. So that is not of course, effective. Right? money should be spent. That's how economies function. But the question is, why do you spend that money? So next time you made a purchase? It was I don't know, whatever item you wanted to purchase order online, ask yourself, Am I doing this for me? Or am I doing this to impress other people? Do I really need a you know, for example, the latest and the, you know, the most expensive version of this item? Or is it just to say that I have it right. And above all, please be aware of the prices manage your budget, maybe this item is really cool. But you have to have money left for savings for investments and other things. You know, living by the formula of wealth implies that you must always make sure that your expenses are less than your income. Most of us were the exact opposite. We always spend what we earn. And if our income goes up, we increase our consumption. And that's why most of us are never going to get rich. So ask yourself, have I saved enough money for a future in retirement or for some investment where we're buying real estate or buying stocks or investing in cryptocurrencies, whatever it is, or now, I just all my friends have the latest promax I want to get the promax to even though my entire salary this month. But Dude, that's a huge mistake. You can make that you know, purchase right now. But you're going to regret that a couple months down the line when the rent is due, and you don't have the cash and after what people you don't like. So you're gonna hate your job, you're gonna do some job you hate just to have that friggin phone. Are you kidding me? So for that reason, be aware of what your budget really is, like, make wise decisions. And always ask yourself, am I buying this for me? am I buying this because I want a certain type of reaction from other people. Because if you buy it for you, that's always okay. No problem. But unfortunately, a lot of our purchases, especially the ones that are luxury, are not for us, we're not really doing that because we need it or because we want it or even because we like it. I know people who hate sports cars, but they have to, you know, keep up with the Joneses. Because this other guy who's also a banker has it, so why not? And they hate it. They like oh gosh, this card is so fast. And so should I hate it. You know what, I gotta keep the image. So ask yourself is really from your for the other people. Because the worst thing you can do in your life, is to buy things you don't need. With the money, you don't have to impress the people you don't even like that's like the worst side of you know, capitalism. And please, if you're now listening to us avoid this approach as much as possible.   Pouya LJ  33:17 Okay, no, that was great. I think that makes a lot of sense. I think you should live by that every day of the week and every week of the year. Alright, thanks again, Dan, for joining us for another fantastic conversation. My pleasure. And thank you everybody for listening and tuning in. And if you have any thoughts, feel free to share it with us. You know where you know how. All right until later episode. Have a good day.