What do you do with an idea you recently thought about?
For today’s bonus episode, Kim and her sister Tammi, start a series of podcasts based on three kids’ books.
Kim and Tammi want to talk about these books through the lens of an entrepreneur. They believe that children’s books contain principles directly applicable to running a business. As they discuss, they tackle the first of the three books written by Kobi Yamada, What Do You Do With an Idea.
Imagine how a 20-page book can contain a 200-page worth of business lessons. With its amazing pictures, kids can quickly grasp powerful messages with their young minds.
Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today!
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Show Notes
- Books written by Kobi Yamada
- How kids books contain business-applicable principles
- What to do with an idea
- Why ideas seem to be fragile for us
- The idea has to have love with it
- Importance of commitment and time
Links and Resources from this Episode
- For more podcast episodes visit the The Prosperity Podcast archives
- Wealth Renegade Podcast
- What Do You Do With an Idea by Kobi Yamada
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Kim Butler’s groundbreaking eBook/audiobook explains why typical financial advice may be sabotaging your wealth…and what to do instead!
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Read the full transcript
This transcript was auto-generated and may contain errors.
[00:01] Welcome to the Prosperity Podcast. Hello everyone. Super excited to be hanging out with my sister today. My name is Tammy Ranen and this is my sister Kim Butler. Hello. What are we talking about today, Tammy? Well, it’s kind of cool because you and I, I should say our mom and dad were really good friends with a lady named Jackie and she shared with us three kid’s books and I mean, what an odd thing for two entrepreneurs to be talking about, but I was so impressed, and I know you were too, by these three kids’ books. So we’re going to do a series of three podcasts based in these books. Yep. Yes, yes. So the first one is what do you do with an idea? And you’ll notice I have little tabbies on it because this tiny
[00:51] little kid’s book is that good. This particular one has some kind of a ward on the cover of it and it’s written by Kobi Yamada, illustrated by Mae Beesom, and this actually turned into a New York Times bestseller. It’s a kid’s book. I just, and the illustrations, by the way, are like just as inspiring as the words, just unreal. And even the dedications in the front cover of each of the books are amazing. Yeah. So Kim and I decided the best way to share these with you, and we, as two entrepreneurs, we wouldn’t be sharing these to a bunch of other entrepreneurs. If we didn’t believe that the kid’s books themselves have principles within them that are absolutely applicable as an entrepreneur, Kim and I have
[01:38] absolutely gone through all the issues that are presented in all three of these books. So what we decided to do is each one of us pulled our top three points. The three points that we thought were the most poignant to our particular experience by way of sharing this book. And then in the various show notes and comments, as she and I both share this out on social media, et cetera, you’ll see links to the actual books if you yourself want to purchase them, because they are so worth it, whether you’re a parent or not. So yeah, go ahead, Kim. Well, really important point because yes, entrepreneurs, but entrepreneurial thinkers. Oh, good. So holy cow, you could be five years old. You could be 55 years old.
[02:19] You could be 105 years old and still have that entrepreneurial thought process that says, what can I do to help? What’s possible here? And write the title of the first book. What do you do with an idea? That’s a really good point. That entrepreneurial thinking is like, what’s possible? And when you ask the question, what’s possible, you’re constantly asking that question, you’re going to get ideas and that entrepreneurial mindset then wants to pursue those ideas, whether you’re an actual entrepreneur or not, so I’m glad you brought that up. So do you want to just go ahead and share your three or do you want to go bounce back and forth? You say. So I think it’d be fun to go, oh, you know what?
[03:05] There’s no, there’s not page numbers. I was going to say, let’s, let’s like go through it in the order that would make sense to the audience, but we’ll just go with, I’ll share an idea and then you’ll share an idea. I mean, we’re, we’re talking, this is a 20 page book, so it’s not like anybody’s going to get lost. So again, the title, what do you do with an idea? And the first of the three, and it was hard to pick only three that really got me is the term fragile. So again, we’ll put links to the books in the show notes and just such thanks to the author and his amazing company that has created these. But he says this idea, he didn’t really know what to do with because it seemed strange and fragile.
[03:57] And I think that’s so apropos because so many times I just do pop into our heads and they seem to come from left field occasionally, or maybe they’ve been germinating. So they’re not such a surprise, but they’re so fragile and they cause us to act in certain ways that I think if we were aware of it, we wouldn’t always act that way. So I think that’s a point I want to make with, yeah, acknowledge that they might seem fragile, but acknowledge it and then do something about it. Interesting. By the way, that’s my first point too. That is hilarious. So when you saw the word fragile, can you describe that for us? What does that look like? What does it feel like? Yeah. Fragile is like a feather, like a flower, like something that
[04:49] you have to be gentle with. Fragile to me says, we’re not sure what’s next with it because if we handle it or push it or be aggressive with it or move it forward, it might falter. That’s what fragile says to me. And I think also that it’s, like I said, when we then shift that thought into, okay, so what can I do with it? Right? How can I move it forward? It’s to realize that ideas, though they may seem fragile, and I’m going to pull that scene word S-E-E-M up another time, an idea can never be destroyed. That’s a really good point. I also think that fragile, some of the reason why it feels fragile to us is a lot of self-doubt because that idea, if it’s a true idea, it’s going to stretch you.
[05:48] It’s going to act as a cantilever. It’s going to cantilever you out over stuff you’ve never done before. And so I think often it feels fragile to us because either we’ve never done something like that before, or we can’t find the path to it. We can’t, based on our resources today, we cannot imagine how we could ever possibly achieve that. And so I think that’s another reason why it feels fragile. And Kim, you have a statement that you use all the time, and it’s actually a play on another common statement. Do you know what I’m talking about? Oh, okay. So I can’t actually remember the common statement, but Kim will always say act as if. Oh yeah. The common statement is fake it till you make it.
[06:31] Fake it till you make it. Right. Which is, it seems disingenuine. So I like act as if, act as if this idea were fully fledged, act as if this idea has occurred or had occurred, and it’s sometime out there. It’s occurring. What steps would you take to get there? Yep. Love it. So what was your first thought? You had the same page, but elaborate on it, or have you already done that? I just did. Yeah. So let’s go to the second. Yeah. Okay. What was yours? So his comment is my idea grew, but my favorite is the second part. So did my love for it. Nice. And Tammy and I like to capitalize the L in love a lot to indicate something higher than human love. And I think that’s the author didn’t do that, but I think that’s what
[07:29] he was getting at here is that when you can have that universal love or that divine love or that capital L love for an idea, then you know that you will treat it properly and you know that you will help others with it because love is kind of like a telephone or a fax machine or email today, cell phone, anything, it has to have others to share it. Nice. Yeah. I love that the thought of the love of the idea and what that can do. It kind of goes back to the first concern about how it being fragile. If the idea is coming from capital L love, then you can trust it. You can trust it. And especially if you love it, that reciprocal love. So the second point that I had chosen is a little prior to the one you picked
[08:19] up is that the child represented in the book is so kind of freaked out by the idea that he tries to kind of get away from it, but the idea follows it. So that was my second intriguing point is that I just doesn’t give up on you. If it’s a right idea, it will literally tag along until you pay attention to it. Yeah. That’s such a, I think really active proof that the idea is yours with help. So that’s where that love gets tied in again is the idea has love to be shared that comes with it. And yeah, I love the picture of it tagging along with the kid. That’s a gem for sure. All right. So my third of the three, and literally I could have pulled an idea from every page, but it was about the ability to see things differently.
[09:13] And it’s classic skill of an entrepreneur, right? You can see through the muck. You can see above the problem. You can see around an issue or you can see how to create something when there’s nothing, I mean, all those things are seeing things differently. Yeah. That shifting perspective and the power of not accepting your first vision of something because of, ah, yeah. Cause when we first get that idea, our vision of ourselves is we’re not enough to achieve that vision. Or we don’t have enough to achieve that vision, but the willingness to be like, kind of like your statement act as if, so what if I did, what if I could, what would that look like? What step would I take? And I find that the very first step to take towards any idea just involves
[10:01] research, there’s no commitment other than just time to research it. So it’s, it’s a relatively safe way to follow an idea or pursue an idea. Speaking of which, my third, the third point that I really grabbed onto is that the kid decided to feed the idea good food, and to me, this goes back to the capital love idea. So it turned its attention, the kid, not it, the kid turned his attention to the idea and that attention is the food that the idea needed to then grow. So cool. Well, again, just big, big thanks to Koby. What an amazing thought process and how valuable it is to simplify a message. The whole, oh, I would have written you a shorter letter if I’d had time, right? This is, I mean, a business person would have written a 200 page book.
[11:02] Right. Right. Because it’s for kids, not only does it have the pictures that help really grasp the concepts, but it’s less than 20 pages to read. Yep. And something you can share with your kids, you know, if you have kids or grandkids or whatever, what, what a powerful message for, for young minds. And we can really start to kind of revamp the way we think as a whole. You know, who cares if you work for someone else or not, pursuing an idea, even if you’re in school, you know, I think in school, kids tend to think that the ideas only come from the teachers or the ideas only come from the parents. So to foster the concept of idea generation or rather idea capture from early, early on, both as the parent or as the authority figure, as well
[11:49] as the kid, just what could we do with our world? Lots of good for sure. Yep. Our call to action, grab the book. It is one of three. And if you grab it at their website or on Amazon, it comes in a really nice boxed set, beautifully illustrated and fabulously presented. We highly recommend it. Absolutely. Thank you, Kim. We’ll see you guys. And next time around, we will go through the second book, which is interestingly enough, what do you do with big problem? Yes, that’s positive. Thanks, Kim. Thank you for listening to the Prosperity Podcast. To take control of your money and have it work for you. Visit us at partnersforprosperity.com. If you liked this episode, make sure you subscribe and leave a review.