06: How to Manage Success with Chaz Wolfe

Behind Their Success: Ep 6 Transcript

paden: [00:00:00] Hello, I'm Paden Squires and I'm the host of the podcast

paden: This podcast is for those who are dissatisfied with where they are at in their life and career currently. I used to be one. When I got out of college with my master's degree, I started working in banking. I eventually moved to a Fortune 500 company. I quickly find out being an employee was not for me. I was bored out of my mind. And did not like it whatsoever. Something eventually lit a fire under me. I started studying for the CPA exam, listening to podcasts and reading books every day. By doing that, I had passed all four parts of the CPA exam in eight months and quit my job.

paden: I opened up my own tax firm, having never been paid to do someone's taxes before. in 2014. Since then, I've consistently grown my business. I've had a lot of success in other business ventures, including real estate, property management, among other things. And now I'm looking for a new venture. I want to help inspire you and other [00:01:00] entrepreneurs to achieve their potentials and dreams, as well as learn from the stories of these entrepreneurs to see what has gone well and what hasn't gone well for them. 

paden: Let's go create a bunch of healthy, wealthy, and wise entrepreneurs 

paden: Guys, welcome to Behind Their Success. I'm excited here. We've got a great show ready for you today. So let me introduce our guest. It is Mr. Chaz Wolfe. He is a high performing serial entrepreneur who's on a mission to ignite entrepreneurs to create and live the exceptional life. He has built, purchased, and sold multiple seven figure ventures in franchising, home service, real estate, and consulting.

paden: Jazz is a studied, accomplished professional who values discipline and integrity. He's an operations and process maximizer and an award winning sales and business mind. Jazz is known to push the limits of excellence, mindset, and results. As a dynamic leader and facilitator speaker, [00:02:00] he's helped both domestic and international organizations achieve massive levels of growth in all areas.

paden: His podcast, Gathering the Kings has been a fast success and is growing rapidly on that podcast, he speaks to seven figure plus business owners, talks to them about their success and see what we can gain from all that, not to mention, he also has some really sweet facial hair and beard skills.

paden: Mr. Chaz Wolfe,  I'm excited to have you on here, buddy. Welcome. Dude 

Chaz: Paden, I appreciate you. it's funny because, we met on my show. we got introduced before that briefly, but really I got to know you through that show and I don't know if you remember that day, but you were in a suit and tie.

Chaz: You had just been recognized. you had received some awards that day. and you're like, Hey, look, don't get it twisted. I'm not really a suit and tie guy. Yeah, exactly. Thanks for having me, man. Appreciate it. Yeah, 

paden: Absolutely. So Chaz,  just kick us off, man. Tell us, give us a little background about yourself and where you've 

Chaz: been. yeah, so I come from humble beginnings. As I recently formulated in one of my talks at one of our events, I was the underdog [00:03:00] and I've always considered myself an underdog. And the funny thing about that is that I've never really liked the underdog story.

Chaz: I've never really liked rooting for the underdog. I always like champions, man. we're both Jordan fans. I know that about us both. And I think I'm drawn to stuff like that because he's a champion. An actual champion repeatedly over and over again, the best. And so that really describes kind of me in a nutshell is not that I'm a champion.

Chaz: I'm in the process of, that's how I see myself is that came from nothing. Grew up single mom, and a family. very interesting beginnings from a financial perspective. I was just on a podcast yesterday talking about how I had friends that got new cars when I was 16 and all I wanted was, just to be able to make it like to and from work.

Chaz: And back and have enough gas. I had to borrow money from my grandmother and have her co sign on a $1,500 car. Who gets a bank loan for a $1,500 car? That was me at 16 and literally going back to school and work and I just was like on [00:04:00] fumes and all I wanted was just a full tank of gas.

Chaz: And, I remember those days all the way to fast forward. Like you're saying, multiple ventures later, we've I think we've started. 10, maybe 12 companies. Some of those have been not successful. I've lost a good chunk of change. but some of those have done really well and we've changed some lives and we've impacted people and that's probably what I'm most proud of.

Chaz: That's awesome. 

paden: Yeah. Yeah. So you say, you come with the humble beginnings that, I have similar stories, single mom, household, when you look back on that and think about that, was there a grand moment of kind of change there, What initially moved you, towards your mindset, as it is, is this big driving guy that wants to accomplish all these goals? 

Chaz: I don't know if they were moments, but two pieces, one of which is, the blessing of particularly my single mom, there's a lot of single moms that are making it work and making it happen.

Chaz: just barely trying to get it, just really hard to do it. as a dad myself, I don't have a clue how she did it. I look at [00:05:00] my wife and I were like, we're pretty high performing people. How in the world did my mom do this? And I guess I say that to say that I learned all kinds of lessons from her because she just freaking never quit.

Chaz: Ever. And it was like, to the bones. I watched her just grit. Like when I think of the word grit, I think of Lisa Guidry; she just didn't have a choice to quit. She could have quit. We both know she could have quit. There's plenty that quit. she just kept getting back up. and a lot of times it was bruised and many tears and I'm sure I probably wasn't supposed to see most of it. But being the oldest son of a single mom, I got to see most of it and that resolve dude. I, there's just a buoyancy in me where I just, I felt it this morning, 4:30 AM and I had to wrestle that 4:30 AM Chaz.

Chaz: Like he was a little bit ornery this morning and I had to whoop him to get going. But it's that moment this morning. I have to thank her for now the second piece [00:06:00] or maybe moment I was probably 18, 19, 20 and I got involved with a leadership team and I started reading books, man. I started reading thinking we were rich and how to win friends and influence people and how to have power and confidence in dealing with people and how to raise from failure to success and selling and just.

Chaz: Some of the classics, and really going hard after what is this about personal development, achieving all that I can. And my mind was just opened before I wanted things, because when you don't have anything pretty natural, it'd be like, Oh, that's cool. My friend has a brand new car.

Chaz: That'd be nice one day. and which is more of a victim mindset. It's not a possibility of I actually think could happen for me. I wanted it, but I don't know if I had faith.. It was just more of a victim probably. But when I was, I was starting reading those books and getting around just people who wanted more out of life, I just.

Chaz: Changed the perspective from that would be nice to that will be nice or one day when I have that or I could just see it differently, and for me, that's all I needed, [00:07:00] man. Once I could see it, I was like, watch out because I'm running hard. I got the grit. look, I already, I don't even know how to quit.

Chaz: So it's just a matter of time at this point. 

paden: Those two pieces you talk about in your life. I have very similar experiences myself. I had that single mom working multiple jobs. She got her master's degree at night while raising two kids. and it's seeing that hustle and that grit you talk about. Alot of that was rubbed off on, me and you,from our mothers and for the listener, the important thing to take away from what Chaz says there is that he talked about getting around people.

paden: He got around a group of people, that started him on that self development process and pushing him and opening his mind to a lot more concepts. 

Chaz: Yeah. Even the scenario with our moms, like everything we want in life comes from another person. Every perspective change, every key that we're looking for that unlocks the next level, it's always another person and it might be their experience.

Chaz: it might be even God using them, speaking through them, they're the conduit, And [00:08:00] so however practical or spiritual you want to take that, everything we want the next level of anything always comes through another person. And for us in both those scenarios is our mom.

Chaz: And then. Other people who just maybe weren't living that same way and that could open up our minds to really believe something different. And I think that's why I've just latched on to belief and confidence and identity shifting. because it really is the baseline to everything.

Chaz: When you shift that, you're like. Oh, this is real. I can have that. and we don't have to take it as far as the Rolex and the bins and the nice house. Although those things are fine. I'm talking about what you are made for? 

paden: I think about the times, through my life when you're younger and less mature and you're thinking, yeah, I was even thinking of a story of that, a few years ago, I was standing at the lake of the Ozarks and seeing all these multi million dollar houses and all these things.

paden: And I remember almost a key moment there of thinking like. Oh, I can do this. I've decided that I want to take [00:09:00] the steps to be able to do something and it really was just a decision I made. and some of its luck or happenstance, like how did you even get that thought in your mind or was God planting it to you or what have you?

paden: But, it really, yeah, it really 

Chaz: comes down to your thoughts.it's funny because I had a similar moment with the houses. I own probably three or four of my first franchise and we did delivery service And here in Kansas city, there's, Johnson County.

Chaz: It's one of the wealthiest counties in the country. And it feels like every house is a million dollar house, at least when I was 25, I bought the first one at 25, and the second one later that year. And I'm running around doing deliveries, chicken head cutoff. So like that. And I'm like, what do all these people do?

Chaz: You know, like same thought, same thought. Oh my, what do they do? and it does build belief, but at some point you, you do transfer that to okay, I wonder what that looks like for me. And then, I know you and I share this now, especially with the business that you're in of just money and finance and helping people with that.

paden: But once you [00:10:00] know that you can do it and then you actually start doing a little bit for me and you know, it's actually. yeah, we've got some nice stuff. Cool. Fine. But like really what I'm after is like pressing all that to the side and that's the harder decision now is no, I could spend money over there, but I'm not going to because I want the long term, I want the 10, 20, a hundred year play or return on investment, yeah, I love that. I love that long term thing. And you hear Alex Hermosi talk about that quite a bit where you can tell about how wealthy or how mature someone is. Based on the timeframes they speak in, right? If they're talking about how much money they're going to make in the next month or, next quarter, they're probably not doing as well as a person talking about how much money they want to make the next five years or 10 years, or like you even said, a hundred years, and I think you're even further down that line of thinking that I am, I think about, the next five to 10, as you achieve certain levels of success and you move up that ladder, the. So much less about stuff, because, as you, [00:11:00] you earn more money and you go up that ladder and you buy some of those things that you want, you quickly realize that, wow, that's not filling any hole that I had anyway.

paden: And then it quickly becomes more, about more than 

Chaz: just you. Yeah, that's right. Yeah. I remember I was probably 20. Six or seven and, bought my first brand new car. And of course, in total Chaz style, it wasn't just a new car. It was a brand new Mercedes and cause Mercedes was like my thing, man.

Chaz: I just always dreamed of a Mercedes. I remember actually when I was probably 11, I ran, I was on my bike in the neighborhood and I was gawking at a Mercedes Oh, wow. ride my bike and then whack, smack the car in front of me and went up onto the back of it. And ever since then I've had to have a Mercedes.

Chaz: Anyway, so I'm 26, 27, something like that, 28, something like that. Bought a new Mercedes and it was like, whoa, brand new E class getting in and feeling all sharp and stuff. And I was, but

paden: that first 30 days of that Mercedes?

paden: shine wears off are adaptable that Oh yeah. You [00:12:00] always go back to your baseline, right? So even when you dump these fantastic Mercedes on top of you, like within a few weeks, you're going to be back to the same baseline level of happiness that you had.

paden: That's the amazing thing is people like me,other people that have had success tell everybody this over and over. And nobody will believe it until they experience it themselves. 

Chaz: Yeah. it's maybe one of those things you have to experience.

Chaz: but even at this level, like it's still, I almost find myself talking about it often so that I don't get re sucked back in, if I can commit myself publicly on a podcast with Paden, not like putting down shiny things, look, we live in a beautiful home and I'll probably have another Mercedes one day for me.

Chaz: I think what really what we're saying is that as you continue to grow, deeper purpose has to be just something bigger, so if you have a nice car, cool, if you have a nice house, cool, if you got a nice watch, cool, but like what else is there, what else, because I just want a bigger [00:13:00] conversation, : even after that, even though I could easily afford the things I'm wondering, man, what else could I have done with that?

paden: What else freedom could I have bought for my family or somebody else, with that money and how that could have been better used. most things like that aren't adding that much value to you. The problem is that guys like you and I know too much, like I know that if I spent $100, 000 cash on a new Mercedes, I know the return, the 150 year return to my grandchildren.

Chaz: Oh man. Yeah. And you're like, wait a second, spend a hundred thousand now, or my great grandchildren have 5 million. Because that's about the ratio. 

paden: Yeah. Look at the compounding man. people don't understand compounding interest, a few dollars and you go over a hundred years, it's bananas, 

Chaz: bananas.

Chaz: No, I'm not saying don't ever have joy. Like you gotta have joy. whether it's the trip or the stuff, I'm not saying cut all things out, but. I think in that moment, like that decision for me is I'm choosing selflessness. do I really [00:14:00] need this today or would I rather set up something else in the future? and for me, it's an identity based decision, right? I know that, like the biblical reference of King David, I know that I'm, I'm a, King, but I know that I'm David. And the difference between David and Solomon was immensely wealthy. And the reason why Solomon had all the wealth is because David subdued all the enemies and gathered all of the belongings, all the wood, all the seeds. Yeah. And so I know I'm David and that's okay. and so now it's my job to teach them what to do with it so they don't freaking lose it like Solomon.

paden: Yeah, and that's, man, and that's something I think a lot about, really, is, and I like the story, and the analogy you used there of David and Solomon is like, our kids, childhood experience are vastly different than what me and you experience.

paden: and I guess, I don't know, the worrier in me or concerned person in me is I don't want my kids to be spoiled little brats to teach your kids without exposing them to harm or to.

paden: tough situations, right? We want to protect [00:15:00] them from tough situations, but then teach them at the same time. And those kind 

Chaz: of aren't congruent. a hundred percent right. Because just the simple fact that you and me are in their life. Their lives are different, no monetary consideration whatsoever.

Chaz: And so I think you're right. That it's a burden that sounds negative, but it's a weight that we carry. And so I'm like strategically thinking, how do I do this? for me, it's like,if I give.

Chaz: my children the silver spoon, right? Like I don't want them to experience anything that I did. Like, why would I want that for them? I understand that perspective. And there's a lot of parents that are successful like us that do that for their kids. The other way is like. Oh, I'm not giving them nothing because I know what it took to get here.

Chaz: So I ain't giving them Jack cause they got to figure it out on their own. do either one of these really, truly get the job done? The guy that doesn't give their kids anything is just plowing his own trail, through the corner beans.

Chaz: And when he's done,he's done. He's okay, you do your thing. Get your own combine, find your own field, figure it out. why would I have my kids? Go [00:16:00] through the exact same problems that I've already found a solution to that doesn't sound smart or efficient. That doesn't sound like evolution or winning right and over here.

Chaz: You have the guy that's like hey Here's the keys literally to everything you have my field you can have my combine everything I didn't spend any time with you teaching you how to use it So you're just as broken as the other guy who doesn't know how to do anything And now you've got a big tool to hurt yourself with.

Chaz: yes. And inherit a million dollars or a hundred million dollars and you're just going to hurt yourself. So, how do we do this in between? It's like, well, while I'm plowing, even when the kids are young, I bring them in. and I'm not trying to teach them anything at the beginning.

Chaz: They're just poking around and stuff. But we're having a good time. We're spending time together. We're integrating. And they get a little older. I start teaching them what every little button does. And eventually they start sitting on my lap and eventually they start sitting in the seat and I start sitting by their side.

Chaz: And eventually now they're running the thing. I'm just there. And eventually then I'm holding their kids. I'm sitting on the, little bitty seat next to it. You know, I'm sitting on that one, holding their kids while they're running the combine. And [00:17:00] there's this generational transfer, not just of money.

Chaz: But of knowledge and the stuff that goes along with it. So you don't freaking lose it. You know what I mean? 

paden: Yeah. I think it's Warren Buffett that has a famous quote. or the way he advises people is He wants to leave his kids enough money that they can do anything they want, but not enough money for them to be able to do nothing. Does that make sense? so give them enough teaching and resources that they can literally go after and attack whatever they want in the world, whether it's be a kindergarten teacher or whatever it is, but not enough to where they're going to blow themselves up and 

Chaz: destroy themselves.

Chaz: Yeah. I think of just certain families. The obvious one is the Vanderbilts and the Rockefellers that this has been a thing for a long time. It's why does one family still today have Uber amounts of wealth and the other one doesn't? It's because not only did they think about these things ahead of time, but they put systems and organization and things in place so that the family can follow these things, knowledge based things, and then actual [00:18:00] structure, not just ideas.

Chaz: Structure, legal documents that can ensure the knowledge, actually, plays through the money. You know what I mean? 

paden: That's funny. You talk about Vanderbilt. Anderson Cooper's, he's a famous news guy. he is a Vanderbilt. His generation was like the first generation where you started to see Almost that success again, like that bounce back, like every generation before his in the Vanderbilt family had all this money and all these people had all these awful stories and all these awful situations they got themselves into.

paden: And he's like the first guy that's rebuilding it. 

Chaz: Yeah. I heard actually just recently, something about whenever his mom, I don't know how old he was, but his mom was like, Hey, look, I know you're a Vanderbilt, but It doesn't mean anything anymore. Basically. I don't know if that's the exact quote, Your name's 

paden: on a college, but that's, 

Chaz: yeah, you're going to have to go figure it out, buddy and good for him or anybody else for that matter. Like you or me, there was nothing given to us. So is it possible? Yeah. Yeah. Yes. So 

paden: I want to ask you what would you credit [00:19:00] as the best decision you've ever made?

Chaz: Ooh, marrying my wife and there's a lot that goes into that. Like I'm genuine about that answer. I think it's for all entrepreneurs. It is one of the most, if not the most critical decision. And fortunately I made it early in life, but also, fortunately I made a good decision. And I don't, I want to say, I don't know how I think I know how, but.

Chaz: I met her when I was 18, she was 17, we were in high school, but I knew, I knew I was certain she wasn't, but I wasn't, you had to convince her, right? Oh yeah. I had the whole thing mapped out. Like I could see today, not exactly in detail, but you get what I'm saying. 

paden: the crazy thing to think about, and I've thought about this too.

paden: It's we say, choosing your partner is like the number one key decision to make, but You do it when you're really young, right? Just generally, and You're immature. You have no idea what you're doing. sometimes I wonder at the same time as like how, I guess it was [00:20:00] just pure luck cause I certainly didn't know what I was doing and I found a fantastic partner and it was, I don't know, I'm almost no credit to myself other than once we've gotten together, we've made the decisions that grow together, We've made the decision that no matter what we're going to just figure it. 

Chaz: Yeah. I mean, really what you're saying is that you had no way at whatever age you were when you met her or me at 18, I had no way of knowing that Julie would be, growth minded, optimistic, a great mom, a great lover, a great, all these things that really go into that decision.

Chaz: Why is spouse a great decision specifically for men? Because It's like the next line, like I can come in here to the office or go out to the battlefield and 200 years ago and then I come back and when I come back that right there, that interaction is everything and I'm a pretty traditional guy.

Chaz: Julie is a pretty, pretty traditional gal. and that's just the way that we write our book and so we're okay with that, but [00:21:00] for what that looks like for me is that I'm able to be a high performer, because. Julie allows for that by bridging the gap in a lot of different areas. and I think I'm able to allow her to be a high performer in her lanes because I take care of the burden of this, So to your point, you've made a decision to grow together, work together. We've clearly defined the roles in the lanes and we've committed. 

Chaz: Julie and I, Iwe got married at 20 basically.

Chaz: So if we live to be 120, let's say we'll have been married for a hundred years. That was a hundred year decision. A century. Was I really capable of that? No, but I feel like God is. Right? God's capable of that. And whether he manipulated the situation for us to be together particularly or especially or not,there was other things happening outside of my own force, to, to your picture.

Chaz: 

paden: So Chaz, looking at 18 year old Chaz right now, what would you tell 

Chaz: him? I would just simply whisper in his ear, look, man, you got it.

Chaz: You can do it, and I've always been confident, but a lot [00:22:00] of confidence, is. it's bolstered up by half baked things and that's okay for a while, because my cookie jar at that point, you use David Goggins as a reference here, my cookie jar was just not that full, but I was still really confident or proud of myself for those few things.

Chaz: but I didn't really know, I didn't really have confidence, maybe more courage. Cause. I did it anyway, even though I was young and scared to death and had no clue and was taking risks and had nobody to teach me. Nobody. Yeah. So what does that look like? I just would have breathed just belief, encouragement, like, dude, you got it, man.

Chaz: Freaking do it. you're gonna be all right. It's all going to work itself out. 

paden: Just like everything's going to be okay. Yeah. you talk about the David Goggins reference or the cookie jar and it really is. it's like building muscle. It's like the first step is just doing something that you said you were going to do and hold yourself accountable.

paden: And you do that. And then you do it again. And then that [00:23:00] cookie jar, that confidence level actually starts. You're like, wow, I'm not a total waste of space. I'm actually doing what I said I was going to do. and that is literally the springboard to give you the confidence to take off. 

Chaz: and that piece right there that Paden  just gave to you as the listener.

Chaz: It's something that happens every single day. Today at 4 30, I had to do it again. I had to say, you know what? I've made a commitment to me and to a couple of other people. Get your hiney out of this bed. any freaking do it. I want to continue filling the cookie jar. I want to continue proving to others and to myself that I am someone who does what I say.

Chaz: 

paden: So Chaz, how can people connect with you, 

Chaz: man? Yeah, gatheringthekings.com is the website to our peer to peer mastermind group where we host and facilitate all types of, virtual and in person events for entrepreneurs and high performing Folks that want to go to the next level.

Chaz: And so they can get information about what we're doing there. Of course, the podcast is on there, and anything else that I'm involved with, but that'd be [00:24:00] the best way to connect with us. You know, and I 

paden: want to highly recommend Chaz's podcast. He's getting some huge, awesome names on their interview and so many fantastic entrepreneurs around the country.

paden: there's so many lessons, conversations similar to this, so many lessons that can be gleaned from all people's different experiences. Right.they said that, the stupid man never learns, the smart guy learns from his own experiences and the wise man. Learn from other people's experiences where you can get those experiences without all the scars that come along with them.

paden: So yeah, highly recommend Chaz and everything he does. You know,I'm in that mastermind group. it's been fantastic for me being surrounded by like minded people like this, that we can pour into each other and keep each other confident and hold each other accountable to what we say we're going to do.

paden: Which can be tough sometimes, right? A little intimidating 

Chaz: sometimes. That's right. That's right. and that's the idea is that you're stepping into something that maybe you're not super confident with, but you have courage. the last piece that I want the listeners to do after they, or maybe even [00:25:00] before they go to gather the Kings, I want them to go to this show on Apple, Spotify, wherever YouTube subscribe, leave a five star review.

Chaz: this is how good stuff like this gets out. And so if you're listening right now, still, then that means you've gotten value from Peyton and the show. So just. Give a brother a five star review and not only will that give him courage, but it will also be able to get his message of helping entrepreneurs and people build wealth, to more people at a 10X rate.

Chaz: Chaz, I appreciate you, brother. Yeah, man. Thanks for having me.

 Thank you so much for listening to the podcast. If you found it valuable, please rate, review, and share it. That is the best way to help us build this and reach more people, as we're trying to accomplish our goal of help create more healthy, wealthy, and wise entrepreneurs. You can follow us on social media by searching for me @padensquires or going to padensquires.com

 On the website and social media, we're always sharing tips of personal growth, and there we can actually interact. I'm looking forward to it. Thanks guys 

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