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NOTE
This file was generated by Descript 

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James: Hello and welcome to impactful.

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The show where I speak to one
of my friends about what has

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impacted them most in their life.

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This could be a book that
changed their perspective, a

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tool that made their life better.

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Just a small thing that brings them joy.

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Hopefully you'll come away from
this conversation feeling inspired

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or with new things to explore.

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In this episode, we have Arvid Carl,
who is genuinely one of the new.

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I know you might know him from selling his
company feedback, pander, or for writing

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for his blog and podcasts that beached
strap founder art is super thoughtful and

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is, have been developing those thoughts
in his book, zero to sold and the embedded

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entrepreneur, thank you to ellos for
sponsoring this episode of impactful.

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Arvid welcome to the podcast.

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How are you?

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Arvid: thanks so much for having me.

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I'm super happy to be here.

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And it is actually a really good tool.

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Just going to say that, like,
that's a, that's a good sponsor,

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your phone for the show.

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I really, really liked what they're doing.

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James: Well, that's a double sponsor.

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I appreciate your

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Arvid: Well, you know, Twitter user,
you got to use these things and.

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James: so avid, let's talk about your
first thing that's impacted you, which

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is learning that failing is fine.

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Arvid: Yeah.

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Like I've, I've done a lot of
experimentation in my life and I'm glad

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I'm doing more of that because at some
point early in my life, I was quite

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afraid of failing and just a couple
of years ago the trial and error is

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needed to grow as a person And errors
are a part of trial and error, right?

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It's not just trial and success And
to understand that era's a part of

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this and therefore to learn and grow.

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You have to make

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James: have to make

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Arvid: makes it so much easier to
reframe failure into a growth mindset.

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And I still have doubts and I still
have second thoughts in my life,

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but I still do things and I do them
anyway because of and experimentation.

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is just at the forefront of this.

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And what really helps me
with this is trying to get

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From my experiments And just turned
them into notes and reflect on

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those notes and then write about it.

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And that's why I use notion and just
like regular markdown files to write

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down anything that comes to my mind.

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I even have pen and paper always
next to me, either on my desk

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or in the car or wherever I am,

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When something comes, some reflection
happens, then I know that I'm growing.

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And even if it's a reflection
On failure this doesn't work.

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I still write it down

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because there's value in
failure and reframing.

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This makes anything that I do a
potential success and then therefore

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I'm not disappointed if it doesn't
work out because I'm always

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James: out because I'm always

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Arvid: and that's, why learning
to that failing is fine.

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as One of the biggest things
that really changed my life

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because I'm not afraid anymore.

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And I know that if I fail,
yay, learn something.

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James: Hundred percent.

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And I learned that lesson from reading
the obstacle is the way by Ryan holiday.

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After I read that, and there was a
chapter on failure and the worst outcome

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of failure is that you learn something
or that you can move forward from it.

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So reframing failure is a
fantastic way to impact your life.

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Let's move on to the next one Arvid which
is learning to be financially literate.

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Arvid: Yeah, I was raised in Germany.

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And for some reason, German,
the German education system

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does not really teach you.

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In terms of individual financial
literacy, you get economics classes

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about like the bigger grander scale
of things, but they don't really teach

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you what saving is or what investing
is, or what compound interest is.

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I was never taught that by school.

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And also my parents

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didn't teach me because they also had
no idea they were working class people.

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They were shying away from financial
instruments because people had been

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burned, like going to that local,
tiny bank and giving them money.

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And that was invested into the wrong fund.

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And then it was lost.

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So.

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Nobody ever really talked to me
about this and told me about this.

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and it wasn't until I was
in my thirties, reading Tony

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Robbins money master the game.

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Like that book just made a difference
in introducing me to the concept.

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I know that Tony is still selling stuff.

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through those books.

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So obviously it's not The
most objective guide, but just

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being exposed to the concept.

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In A form that is also empowering
and supportive and that's

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most of Tony Robbins' work.

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And in many ways that's just

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flip that switch.

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And that turned me into somebody
who researched financial

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independence, financial
literacy, the, the fire movement.

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The idea that early retirement
is an option that you don't have

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to work for six until you're 60
and then live all of that stuff.

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And how to get there was a
strong, strong revelation.

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to me Because you make
decisions differently.

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If you know, where this financial
decision might lead you 20, 30 years

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down the road, if you don't understand
compound interest and making.

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money work for you instead
of just working for money,

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James: It's absolutely something that
needs to be added to curriculums or around

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the world to, to be able to learn that
because I am really bad with money of it.

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I'm really bandwidth buying things
and not living within my means.

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And it's taken me a lot of
reading and educating myself

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to try and get better at it.

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And I just wish that that had
been ingrained into me like

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a base level while I was.

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And let's go and get their
bond, which I absolutely love.

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And this has impacted my life a lot.

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So tell me how learning, how to
cook has changed your life of it.

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Arvid: Well, I always like to eat this.

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That's not a secret in my life
and I've I've never been like

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a picky eater or anything.

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I, just enjoy lots of things.

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And I at some point I figured out
that if I want to be able to eat

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as many different, interesting
things as possible, well, I'll need.

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to be able to prepare them.

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And in some sense,

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now, in retrospect, after going through
my whole entrepreneurial career, I

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understand that my desire to be able
to cook and to learn how to cook is

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very much an expression of my desire.

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to be independent.

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Self-determined as like, there is
a reason why there's so many people

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who sell and exit their businesses
then buy a farm in the middle of.

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nowhere And

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do woodwork it.

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Like I've seen this three or four times.

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And just in the, in the, in the
hacker entrepreneurial space, just

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a couple of big names out there too.

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People want to live a self-sustained

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and a self-controlled life.

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They want to.

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The wealth that they built themselves
and key, and that sustains their life

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without any outside independence.

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And that is a, is a, is a big
driver in, in most entrepreneurs

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that lives obviously,

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and learning how to cook is a
non-entrepreneurial facet of that.

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To me, I learned through YouTube

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really YouTube taught me everything
and a couple of cookbooks here.

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and a lot of experimentation, which
kind of harks back to what I first

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said with the being happy to fail
cooking, you can fail quite easily.

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Try baking.

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That's just chemistry.

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Like you do some tiny bit wrong.

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everything's ruined, but at some
point you'll get it more, right?

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Not perfectly fine, but
you, you get it right there.

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And then over time you develop
through this experimentation and a

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really solid skill in preparing this.

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meal, same goes for
almost any other activity.

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And for me, that has made.

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For example, I've made like dozens,
hundreds of different kinds of risotto.

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And now nobody else

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in the family makes risotto because
they know I just do it best.

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And that is a skill.

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Like I obviously like being the person
in the family to do a thing, just project

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that into the marketplace out there,
be the person that is the best person.

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at that thing.

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And then your work is valuable.

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So it's a kind of life lesson.

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really to be So self determined and
independent, that you're good at.

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More than anybody else.

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James: what's your favorite
cookbook out of ones here?

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We're looking at

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Arvid: funny enough.

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I inherited one from the nineties.

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James: from the

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Arvid: Twenties or something from
my grandmother, a German cookbook.

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and I, what I love about this.

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it is that it completely skipped
all modern technology because

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There wasn't that technology that
was no like food processors, that

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there was no microwave there.

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was no like, you know, like battery
operated potato masher, anything

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you had to physically apply.

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For food to change its shape or form.

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And.

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the reading, those recipes just
really gives you the insight into how.

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Happened to turn into the meals we
have now and what the point was.

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So I, I don't really even know the
cookbooks name because it just says

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cookbook, you know, in Germany, in
the twenties, they didn't have that

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many books but I really, really enjoy.

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reading super old books.

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To understand the origin of the
meals and to the intentionality

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of those meals as well.

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It's super exciting.

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There is one out there.

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and I think it's the unofficial Harry
Potter cookbook I really liked that

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cause I'm a big Harry Potter fan
and there's all the recipes from all

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the things they have in the movie.

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but.

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actual recipes, like mostly
British recipes, obviously.

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And we've been cooking a couple of
those and it's, it's quite enjoyable.

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you can do a little Harry Potter.

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themed evening or anything, and you make
like trickle tarts and some, some Yeah.

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Black pudding or whatever
it's, it's really enjoyable.

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So if you are.

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I'm a Harry Potter fan, I recommend that.

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But most, any, any book will do as
long as you act, as long as you do it.

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James: And the, the final thing
that impacts you, I think,

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is a great one to end on.

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And you, you touched upon this in the
previous previous thing, but talk to me

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about why freedom is so important to you.

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Arvid: Everybody defines
freedom differently, right?

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To me, it means being able to do what
I want to do whenever I want to do it.

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And that's something I learned when I
was younger, I thought freedom means just

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having lots of money and playing games.

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I over the last couple of days have
actually tried to play some games.

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Cause I'm, I was just In a, in
a state where I had a lot of

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time and I wanted to play games.

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I just figured I didn't enjoy it anymore.

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They used to be a time

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where playing video games was
the, the height of all activities.

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Not that case for me anymore.

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For me right now,

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it's being able to do my work, which
is writing, which is communicating

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with founders whenever I want to do.

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And not doing my work when
I don't want to do it,

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that is my.

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understanding of freedom.

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And to me, it's just really removing
All distractions and all interruptions

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from what my focus is having an
empty calendar, having a schedule

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that only I get to fill nobody else.

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There's a book out there called
life profitability by RDP.

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He wrote an amazing book on balancing.

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That's like having a profitable
life, but also living a life.

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And this ties back into financial literacy
because it's about What can I do today?

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that will sustain my life.

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So I don't have to work until my sixties
To be able to enjoy Which at that point

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is mostly over or at least dominated by.

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other things like physical health
problems and stuff like that.

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So to me that is what freedom really is

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It's to enjoy my life
right now, right here.

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do the things that matter to me
and have, control over my schedule.

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and that kind of yeah, it does
tie in all these other things,

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because it's about determination
and, you know, financial choices.

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and in the end, yeah.

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Doing the experiments.

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James: Well way.

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Thank you so much for the four
things that have impacted your life.

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I appreciate you coming onto the
podcast into the recap you had

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that learning that failing is fine.

00:11:19.165 --> 00:11:22.465
Financial literacy, learning
how to Kirk, and then finally

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understanding what your freedom
is, and then defining that freedom.

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Thank you for coming on.

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Arvid: Absolute pleasure.

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Thanks so much.

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James: Thank you for listening
to this episode of impactful.

00:11:32.010 --> 00:11:34.740
What I hope you've coming away,
feeling inspired and with new things

00:11:34.740 --> 00:11:38.040
to explore all the recommendations
discussed in this episode will be

00:11:38.040 --> 00:11:39.780
listed and linked in the show notes.