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
David Kass – Don’t Invest in a Company Unless the CEO Owns a Large Stake
Christopher Panagiotu – Go With Your Gut, but Verify
ISMS 29: Larry Swedroe – The Shiny Apple is Poisonous and Information is Not Knowledge
ISMS 28: Stocks for the Long Run
Folarin Daniel Adeboye – Business and Friendship Can Never Mix
Dana Anspach – Loving a Product Is Different From Running a Business
ISMS 27: Larry Swedroe – Familiar Doesn’t Make It Safe and You’re Not Playing With the House’s Money
Manisha Thakor – Invest in Your Financial Health and Emotional Wealth
Richard Smith – Anything Valuable Is Hard
David Perry – Bet on the Person, Not the Idea
Tom Wall – If You Make Some Money, at Least Take Half off the Table
Rick Warner – Be Careful When Investing in Banks
Mohit Tater – You Don’t Know What You’re Getting Into Until You Are in It
Vorathep Srikuruwal – Walk That Property Before You Buy It
Phil Bak – Be Slow to Jump Onto Bandwagons
Jack Schwager – Never Stay in a Position That Violates What You Believe In
Sampark Sachdeva – Don’t Be Afraid to Take the Plunge
ISMS 26: Larry Swedroe – Are You Subject to the Endowment Effect or the Hot Streak Fallacy?
Vishal Bhardwaj – Do Not Let Emotions Run Your Business for You
Harjeet Khanduja – Work Smarter Not Harder
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