Howie Mandel, the legendary comedian, actor, and entrepreneur, joins the conversation to share insights into his unique journey through business, mindset, and cutting-edge technology. Throughout the episode, Howie opens up about his approach to success, emphasizing the importance of decision-making, mindset shifts inspired by Rich Dad Poor Dad, and the value of doing work that genuinely excites you. He offers listeners a glimpse into his passion for real estate, smart investing, and taking steady steps towards their goals.A highlight of the discussion is Howie’s involvement with Proto Holograms, the innovative company behind real-time holographic technology that’s changing entertainment, medicine, and commerce. He explains how Proto’s tech goes beyond traditional holograms like the Tupac Coachella projection, making immersive communication accessible to everyone. The episode closes with Howie’s thoughtful reflections on legacy, encouraging listeners to live fully in the present instead of just waiting for the weekend.CHAPTERS01:12 - Welcoming Howie01:58 - The Game of Business and Success4:05 - Decisions Create Destiny5:24 - Taking One Step at a Time8:10 - Rich Dad Poor Dad & The Mindset of Money10:00 - Assets & Liabilities13:20 - Doing Work That Excites You14:39 - Everything is Real Estate17:22 - Investing in Company Who Produced Tupac Hologram20:00 - Proto’s Innovation24:15 - Companies Utilising Proto's Technology25:15 - Howies Future Vision for Proto27:22 - What does Howie want his legacy to be?29:45 - Stop Living For The Weekend & Live NowConnect with Rudy Mawer:LinkedInInstagramFacebookTwitter
Chapter 1: Who is Howie Mandel and what makes him legendary?
I'm trying to contain this guy. If you know who he is, you know he's hard to contain. I just had the most fantastic hour, so I'm so excited to be now sat in your studio doing the podcast.
Chapter 2: What is the game of business and success?
Well, thank you. I like what you do. Howie Mendel. Howie Mendel is more than a legendary entertainer. He's a bold entrepreneur. Beyond his roles as a comedian and television personality, he has strategically diversified his portfolio through ventures in real estate and technology. From high return real estate deals to backing cutting edge tech like Proto Ink.
How he continues to play big behind the scenes. Whatever I believe it takes to be successful in one word, that one word is yes. I think we have too many no's and no is spelled N-O, which is the first two letters of the word nothing. the key now for success across all businesses is one word and it comes from social media and that's
Chapter 3: How do decisions create destiny?
My name is Rudy Moore, host of Living the Red Life podcast, and I'm here to change the way you see your life in your earpiece every single week. If you're ready to start living the red life, ditch the blue pill, take the red pill, join me in Wonderland and change your life. All right, guys, I'm trying to contain this guy. If you know who he is, you know he's hard to contain. His name is Howie.
He's a legend in his own right. And I just had the most fantastic hour. So I'm so excited to be now sat in your studio doing the podcast after I saw a virtual you, a virtual me, a French me, a Spanish me, a Mandarin you as well, right? So I want to dive into that in a little bit. Firstly, thanks for taking the time and welcome. Well, thank you. I like what you do. Good, good.
I follow you.
And I love what you do. I said this studio and experience is similar to my office, just less red.
Chapter 4: What can we learn from 'Rich Dad Poor Dad' about mindset?
I was so interested in you because I love, I believe just being entrepreneurial is, as a good friend of mine told me, do you know who Robert Greenberg is? Yes. Robert Greenberg is a good friend of mine.
i'm sorry i'm contractually i have to hold up a sketchers but he owns sketchers he said it's a sport you know it is it is and and making money and trying to be successful like that is is a fun game that even if i am not in the shape you're in i could play the game yeah and sometimes score a goal
Well, the game of business and success, like we were talking offline, I came from a family of pro athletes and my parents weren't wealthy at all, but the same core traits of becoming a pro athlete is the same in business. And that's what I want to talk to you about as well today is in being successful in entertainment too, right?
Just being successful. And I think just being successful in whatever it is that you pursue, I think, and I said this to somebody before, if I could tie up whatever I believe it takes to be successful in one word, that one word is yes. And I think we have too many no's. And no is spelled N-O, which is the first two letters of the word nothing. Nothing comes from no. Yes, even if yes
lead you into a failure, that's a piece of education. That's an experience. That's a path that you won't travel down again. But no gets you nothing. So I've said yes to everything I am not doing or existing in a place that I ever dreamed I would be.
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Chapter 5: Why is doing work that excites you important?
know even geographically yeah yeah yeah you know me too yeah yeah so and i think it's just as human beings and i think everybody has the capability i believe that as a human being instinct is king yeah the problem with what we do is instinctually we know what we're drawn toward and then intellectually we think about it and if you think about it
There is so many reasons why not to go with your instinct. And most people are where they are in life because they overthought. And I don't think there's anybody alive your age or my age that doesn't have a shoulda, coulda, woulda. And if you could minimize your shoulda, coulda, wouldas, I think you'd be further ahead.
it's funny you say all this because my instagram post this morning was about this like i'm not even kidding yeah yeah so i'll put it up on the screen if you guys are watching i will read out a quote because it's so important uh so the the post was right decisions create destiny
right right and the and the caption it's not long it says everyone sets goals wants to change the world have their product but and those big dreams are great but most beginners fail because they're afraid to make the decision right and then i go on to say all the most successful people i know they make decisions fast and say yes look at that the difference is for me
I'm not goal-oriented. I don't believe in a goal. To me, in my mind, to me, if you set a goal, there's your goal. And this is just semantics. But then you're aware that you're not there. And you're spending your time and your effort. That makes it more negative. Everything that I've ever achieved in life, and where I am now isn't where I planned to be.
And I don't know that you planned to be this. So what you do instinctually in the moment, you know, you go, I feel like putting my left foot in front of my right. I'm going to do that. I'm going to put my right foot in front of my left. I'm going to do that. I'm going to put my left foot in front of that. And then you end up here. Now, I wasn't standing here going, I want to be here.
I was enjoying putting my left foot. By the same token, I got dared in the mid 70s. I'm not an athlete. I'm not good at sports. I don't drink. I don't play cards. I don't gamble. In the mid 70s, disco was big. I'm not part of the disco era. In my hometown of Toronto, Canada, they opened up a comedy club and I just went to the comedy club to watch the show.
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Chapter 6: How does Proto Holograms innovate in technology?
The guy, the people that I was sitting with or the guy that was the host of the show was Yuck Yuck's comedy.
uh club mark breslin said at midnight if anybody wants to try this yep well you get five minutes at midnight and somebody at my table went you should go up i went okay and i don't think of ramifications and what was the i'm not a comedian so what do i have to lose yep and i thought it would be funny if somebody went ladies and gentlemen howie mandel and it
They went, ladies and gentlemen, how I met. And then I had nothing, nothing. And nothing but terror of all these strange people just staring at me. And they were staring at me and I didn't know what to do. And I have a rubber glove because I carry rubber gloves because I have OCD and I didn't want touching. I put it over my head and I blew it up and it popped off.
And that became, you're too young to know, but that bought me my first house. They said, come back tomorrow night and do it, come back. And I just took...
incoming calls yeah my intellect told me that this is not a living this is not but i wanted to get married i've been married for 45 years i have three kids three grandchildren i was already with my girlfriend i was engaged i wanted to be able to support her so my favorite game growing up was monopoly yeah mine too so wow we have so much in common you know did you ever play chess
i i do i i i do but it's so strategy yeah and then but and and you don't i always say to people you know i don't have a ged you know the g yeah yeah you live in america i don't have a i didn't go to i got thrown out of high school later on i in my 40s i got diagnosed but i have severe adhd every time somebody gave me a job in this business and even to this day
I truly don't think this is going to get me someplace or it's going to get me my next job. So I've always been of the mind. to make whatever I get work for me. I read a book years ago. Do you know Rich Dad, Poor Dad? I do, Robert, yeah. I love that. Yeah, it's great. Now, I don't know that it's the best book, but it is the best theory. It's great.
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Chapter 7: What does Howie Mandel want his legacy to be?
And every dollar that comes your way, think of that dollar as an employee. A lot of people take that money and they go, what can I buy? I take that money and go, what can I make? My wife got mad at me when I made my first, $10,000 when we were here. I bought a term deposit, a CD, a term deposit at 12%. And I had $600 left in the bank. And we were watching, I landed a series called Saint Elsewhere.
That's where Denzel Washington and me came out of the same, that's where we both started on television. I had a black and white TV. I wouldn't spend any money on anything. I didn't buy anything. I was so cheap, but it wasn't cheap. I just thought like, if I'm out here, I don't know anybody out here. People are giving me jobs pretending, you know, I'm going to pretend like I have money.
Chapter 8: How can we stop living for the weekend and live in the now?
And they gave me good money. But the first $10,000 I had, I bought a term deposit for like a five-year term deposit that was paying 14% at the time. You know, it was the end of the 70s, the beginning of the 80s. And I was guaranteed that I was going to make $1,400 a year.
and that was exciting to me that i didn't even have to work but that's way different to most people because when they have especially quick success like athletes entertainment they go out and buy a new bmw right or something so so they buy a debt yes they buy something they gotta they gotta keep digging themselves i never want to dig myself out of anything so everything that i do in life everything i've always done
so that if I can't show up, I'm still in the black. I know you like to be in the red, but I don't know if you're familiar with accounting, but red is not the best representation of somebody who wants to make it. I agree.
But just to talk about the investment side, because I was, you know, I shared with you earlier, I worked in my teenage years buying and selling then in fitness and health as a personal trainer. And I saved every penny to buy the deposit on my first house. Right. But then once I got the first one, I bought a new property every year because I rolled all the profit of that plus work in two jobs.
That's exactly right. It's the same thing. It's the same thing. And then, you know, I think eventually, and I used to, even when I was making millions of dollars, I lived like a normal person. It took many, many years until I was like actually spending a decent amount of income.
But still, I would imagine, I don't know you that well, you say spending a decent amount of income. Yeah. If you go by percentages. Very small percent.
That's what I'm saying. Very small, exactly.
So the average person. Yeah. overspends a percentage of what they are making yeah i think if you have the mindset of this is not all for the giving yeah you know it's funny because i i teach that too i said for the last uh eight years i paid myself the same salary even though my business has grown 10 times bigger
right and people are like what do you do with the money i buy more real estate invest it into new businesses and and share whatever right but i think that's so important and most people i say in entrepreneurship and it's a famous saying the first stage of entrepreneurship is figuring out how to make the money but the hardest part is keeping the money absolutely yeah but that's why
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