My Worst Investment Ever Podcast
Business:Investing
BIO: Ryan Dusick is an associate marriage and family therapist, life coach, mental health advocate, and the founding drummer of the world’s most popular band, Maroon 5.
STORY: Ryan’s worst investment ever was spending a decade of his time, energy, and focus believing that he had control over his life. Simply playing God with the reality of his existence.
LEARNING: Happiness comes from connection and purpose. Investing yourself in something meaningful to you establishes purpose.
“If you want to achieve certain things in your life, you must put yourself out there and be prepared for setbacks, disappointments, and failures.”Ryan Dusick
Guest profile
Ryan Dusick is an associate marriage and family therapist, life coach, mental health advocate, and the founding drummer of the world’s most popular band, Maroon 5.
He is also a columnist for Variety Magazine and the author of the new book “Harder to Breathe: A Memoir of Making Maroon 5, Losing It All, and Finding Recovery.”
His life has been a long and winding road from an aspiring pop star with anxiety to a heartbroken alcoholic to a thriving mental health survivor and messenger of hope in recovery.
Worst investment everThe worst investment Ryan ever made was investing a decade of his time, energy, and focus into an illusion. The illusion was that he had control over his life, simply playing God with the reality of his existence. There were moments in that decade that were pleasant, enjoyable, and fun for Ryan.
Maintaining the lie that Ryan had control of his life and that he could escape the feelings that were so painful was an exercise in futility. Life just got worse over time. His coping skills deteriorated. Ryan had invested in a way of life that was harming him and not benefiting him in any way other than maybe a moment of pleasure from time to time.
Lessons learnedIf you want to achieve certain things in your life, to a certain extent, you have to put yourself out there and be prepared that there may be setbacks, disappointments, and failures. That’s part of the process, ultimately, of getting to where you want to be. Those setbacks, disappointments, and failures don’t make you a failure or mean it’s the end of the road. It’s part of the process of pursuing something valuable to you.
No.1 goal for the next 12 monthsRyan’s number one goal for the next 12 months is to be more of a professional speaker, step it up to the next level, and share some of the things he’s learned on a bigger scale. He also wants to continue to write more.
Parting words“Good luck to you on your journey. If it’s been a while for you, it’s still coming. Just be open to it.”Ryan Dusick
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Connect with Ryan Dusick
Further reading mentioned
August Biniaz - Be a Specialist Not a Jack of All Trades
William Browder - Don’t Go to Russia
ISMS 41: Larry Swedroe – Focus on Managing Risk Not Returns
Chris Ball - If They’re Not 100% Right, Don’t Hire Them
Vivek Raina - Nobody Can Beat You at What You’re Good At
William Cohan - Power Failure: The Rise and Fall of An American Icon
Tony Fish - Be Brave to Ask the Unsaid Questions
ISMS 40: Larry Swedroe – Market vs. Hedge Fund Managers’ Efficiency
Chris Kendall - Don’t Underestimate the Funding Needed to Go Big Time
Riggs Eckelberry - Don’t Go into Any Industry Unprepared
ISMS 39: Larry Swedroe – Don’t Choose a Fund by Its Descriptive Name
Lark Davis - Take Your Profits and Run Away
Sam Primm - Be Intentional About What You Invest In
Marc Faber - The Value of True Diversification
Coach JV - Diversify Inside and Outside the Asset Class
ISMS 38: Larry Swedroe – The Self-healing Mechanism of Risk Assets
Solomon Thimothy - Give Yourself Permission to Fail
Anthony Greer - Be Patient and Willing to Get Rich Slow
Kevin Sutantyo - You Have to Back the Right Founders
Dan McClure - Understand Who You Are and What You’re About
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