Memoirs to Millions

What Happens When Ambition Takes the Driver's Seat | Richard Walsh | Episode 13

• Asher A. Wright • Season 1 • Episode 13

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0:00 | 1:03:38

He burned his own work uniforms in a bonfire so the business couldn't own him again.

Richard Walsh built water features and steel sculptures for twenty years, internationally recognized, award-winning, until November 5, 2008, the day after the election, when his phone started ringing and he lost half a million dollars in a single day. A mentor did the math for him afterward: file bankruptcy now, you're at zero. Pay it back over a year, you're also at zero. Richard paid it back anyway, out of pride. Then he lost it all again.

On this episode of the Memoirs to Millions Podcast, Richard sits down with Asher for the maxim game. They talk about the difference between identity in the driver's seat and identity in the passenger seat, the day he watched his four-year-old chase his truck down the driveway crying, and the moment he walked into his office and told his crew, "we're done today."

They also get into the second mouse gets the cheese, why more is caught than taught, and what it actually means to steward something instead of owning it.

If you've ever let the thing you built start giving you the orders, this one is for you.

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CHAPTERS

00:00 Opening banter and the interrogation begins

00:20 The signature question: age ten to twelve, thirty-plus moves before high school

02:45 The kindest thing: an anonymous Santa on Christmas Eve

04:36 The thousand-dollar shovel job that started the entrepreneurial drive

09:53 Into the maxim game: defining identity-driven

12:06 Driver's seat versus passenger seat

15:08 Maxim 1: You built it to prove yourself. It started giving the orders.

17:45 Maxim 2: You paid a debt out of pride when peace would have paid it for less

24:13 Maxim 3: You lost something, and the story about it hurts worse than the loss

27:20 The morning he watched his four-year-old chase the truck down the driveway

29:09 "We're done today," and the bonfire of the uniforms

30:08 Writing Escape the Owner Prison

34:18 Maxim 4: You built an identity long enough, you stopped knowing who was building whom

38:43 The military, low self-esteem, and the blank canvas philosophy

41:14 Maxim 5: You believe what you watch as a kid, not what you were told

44:29 "You put culture into people, and people into a system"

45:52 Maxim 6: Follow the step once and forget the reason it mattered

46:05 Take care of your gear, your gear takes care of you

47:57 Stewardship, and the fish tank story

49:23 Whiskers versus cheese, and always being the second mouse

52:53 Closing rapid fire: film, books, tools, community, Mount Rushmore

1:01:00 The Invisible Layer, command infrastructure, and Sharpened Impact

1:02:30 Don't kill another man's fish

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CONNECT WITH RICHARD WALSH

Sharpened Impact (current company): https://www.sharpenedimpact.com

Sharpen the Spear Coaching: https://www.sharpenthespearcoaching.com

LinkedIn: https://www.linkedin.com/in/richard-walsh-866ab237

Facebook: https://www.facebook.com/share/1C7dFBeZhn

Phone: (608) 314-6152

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IDEAS & REFERENCES MENTIONED IN THIS EPISODE

The Bible

The Endurance: Shackleton's Incredible Voyage — Alfred Lansing — https://amzn.to/3SDBEQW

Grit: The Power of Passion and Perseverance — Angela Duckworth — https://amzn.to/4x8r2sy

Escape the Owner Prison — Richard Walsh's first book — https://amzn.to/4hxKppX

The Invisible Layer — Richard Walsh's new book on command infrastructure and frontline leadership

Warrior Poet Society — John Lovell

The Andy Griffith Show

Claude — mentioned as his go-to AI business tool

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CONNECT WITH ASHER WRIGHT

Memoirs to Millions: https://memoirstomillions.com

Life Changing Wisdom Marketplace: https://lifechangingwisdom.com

Weekly Intel Newsletter: https://m2mweeklyintel.com

100 Books That Changed How I Think: https://asheralbertwright.com/1000bookchallenge

Free Memoir Strategy Call: https://api.leadconnectorhq.com/widget/bookings/memoirs

LinkedIn: https://linkedin.com/in/asher-wright-310731227

Facebook: https://facebook.com/lcwforu

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ABOUT MEMOIRS TO MILLIONS

Asher Wright is a 22-year US Army veteran, Jamaican immigrant, and 7x published author. He helps veterans, immigrants, and entrepreneurs turn their life stories into published books that build authority and income.

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MUSIC CREDIT

'Home Was You' by Scott Buckley — released under CC-BY 4.0. www.scottbuckley.com.au