October 14, 2021
On this episode of The Rich Equation Podcast, Ashish is joined by Marcelo Gonzales. Ashish and Marcelo cover a wide range of topics throughout this episode. From how COVID-19 forced Marcelo to change his leadership style to how parenting changed his mind set on life, to how being a sportsman has shown him discipline and how he has incorporated that skill within his business to the importance of connecting with people and so much more. Marcelo also shares the tree concept and how using that strategy has served him well.
ABOUT MARCELO GONZALES:
Marcelo Gonzalez is a Mechanical Engineer with a Master Degree in Business Administration (MBA). As President of ESL Power Systems Marcelo is leading an ESOP organization in a transformation period. Prior to joining ESL, as VPGM of DART Aerospace, Marcelo led US and International Operations of this organization, setting up new facilities in The Netherlands and Mexico. Before this, Marcelo hold different positions in Cavotec where he worked for 16 years. During his tenure at this European company he worked in different countries leading organizations belonging to the Group and he was also responsible for one of the four market units.
Marcelo lives in Carlsbad, California, with his wife of 23 years Veronica and his two daughters Micaela and Mara. Not everything is work for Marcelo, he dedicates daily time to this passion for sports: running, road cycling, mountain biking, swimming and skiing.
0:00 – Intro 0:37 – Ashish mentions how throughout this episode he and Marcelo discuss how COVID-19 forced him to manage himself and his company differently by rethinking his priorities and change his leadership style 3:38 – Marcelo speaks about how COVID-19 changed a lot of things and how people are starting to rethink what their priorities are and how people are changing what they want to do. Marcelo mentions how he is experiencing staff who want to retire and just life the life they truly want 4:46 – Marcelo states that COVID-19 forced him think about what he can change and do better in order to retain his employees 4:59 – Marcelo mentions how he is a very focused person and he makes people hold themselves accountable and how he had to change those characteristics of himself and focus more on human connection with his employees 5:39 – Marcelo talks about eliminating a lot of the projects the company were taking on and now he takes a member of his staff every day for lunch and how that has made staff feel important and makes them see Marcelo in a different light which enhances productivity and work relationships 7:04 – Ashish asks Marcelo what the most interesting thing he learned about himself due to COVID-19 8:23 – Marcelo speaks about how it was frustrating at the beginning having to change his whole plan and change his leadership style 9:41 – Marcelo informs us about the ‘tree concept’ and explains how using that strategy has served him well 13:11 – Ashish talks about how a lot of people today are really focused on perfection and shares Jeff Bezos’ quote, ‘Get to 70% and keep moving forward and the rest of it will figure itself out’ 16:13 – Marcelo talks about his childhood and how important it was for him to satisfy and make his mother proud in sport and school and everything else that he did 17:51 – Marcelo mentions how everything changed for him when he had kids and how he needed more diversity and balance in his life 20:20 – Marcelo states that he is in a good place right now and he is happy with the balance that he created for himself 20:40 – Ashish asks Marcelo to share with us his morning routine and how it sets him up for the day 23:35 – Marcelo explains how he wish he knew that connection with people is so important 20 years ago 24:55 – Marcelo speaks about learning how to guide your kids and how it’s a never ending learning experience 26:08 – Ashish asks Marcelo about what he hopes his children remember about the way he raised them when they’re older 27:29 – Ashish states that it is a hard journey and it takes a lot of work, discipline and self-awareness to become a leader of a company 28:54 – Marcelo mentions how he doesn’t have any sporting events planned soon as he is trying to recover from a knee surgery 30:31 – Marcelo talks about how being an extreme sportsman has taught him a lot of discipline and takes us through how he is able to use the discipline he learned from sports within his business 32:08 – Marcelo describes what richness means to him
FIND MARCELO GONZALES:
Welcome back to the rich equation podcast. On today’s episode, we have Marcello Gonzalez. Marcello is a mechanical engineer and has a master’s in business administration. He is the president of ESL power systems and ESOP organization, deep into a transformational journey. He has led US based and international operations for this company and many others all around the world, including countries like Netherlands, Mexico, Canada, and India, and not everything has worked for Marcello. He dedicates his daily time to his passion for sports and being an exceptional triathlete.
On this episode, we discuss how COVID force Marcello to manage himself his company differently, rethinking his priorities and allowing more grace to his team. How he had to change his leadership style, to focus less on technical data and more on the human connection across the company. And he explains how decisions can be decentralized in organizations with the analogy of using a tree and how we can all address our design to achieve perfection while making progress. I know you’re going to absolutely love this episode. Here it is Marcello Gonzalez. And remember if you enjoy this episode, be sure to share it with someone that would be inspired by this or this information could be helpful and subscribe right now to the podcast and leave a review so we can continue to bring value to you.
Welcome to the Rich Equation podcast. Are you ready to discover how to live rich today and not wait for retirement? If you’re tired of struggling and want to live your best life now, you are in the right place.
Outdated principles will no longer work in today’s environment. It’s time for a new approach. Your host Ashish Nathu will help you discover methods to live the new American dream. It’s time to start living the good life on your own terms and experience a new way to live rich. Now here’s your host Ashish Nathu.
Ashish Nathu: Welcome to the podcast my friend.
Marcello Gonzalez: Oh man. I am so excited my first experience with a podcast. So it’s going to be an interesting journey.
Ashish Nathu: I’m really excited to have you here. It’s absolutely my honor. Marcello is a really close personal friend. We’ve actually gotten really close and we are fellow triathletes. And so we have these amazing long conversations on bike rides for hours on end and I just thought that it would be so valuable for us to get in a room and talk about some of the lessons that you’ve learned and some of the things that you’ve experienced as a businessman, business owner, a CEO, up through the ranks of different businesses, working internationally and also just work life balance and athleticism. And so there’s so many things that we can unpack today with you. And so I’m super excited. So let’s kind of first start with current environment, right. So let’s talk about COVID. I want to kind of understand from your perspective, what are the things that you’re experiencing with team and culture and people, and how are you and you run a many factor business that is in electronics, and you can explain a little bit if you want, but you know, what are the things that you’re experiencing and what are you doing about it and how are you addressing some of the challenges with keeping people motivated and focused and really aligning with your visions and goals?
Marcello Gonzalez: Well, I think this is a good topic, right? Because as I say, we are living that daily at the moment. I think COVID changed many different things, right. So we can go to the family. We can go to friend, we can go to business. In the business environment, especially I can see, especially from beginning of year, a big change would happen in our society, right. People are starting to rethink what their priorities are, what they want to do. For example, I have really high level executive or manager that decided that, you know what, I am going to retire. I am talking people 55 years old, but after all that year of crazy thing, they say, you know what? I am going to enjoy life. I can do that. I can retire. I don’t need to work anymore. I am going to do it. We have other people they decided they want to you know, follow their passion, whatever their passion is. What [04:40 inaudible] in the business, of course is a high level of turnover, right. Which, you know, it makes us think what we can do different or better you know, to have a chance to retain the people. So in me, particularly, I think I had to change and adapt my leadership style. I’m more, as you know me, I am more of a focused guy, really KPI oriented you know, making people accountable. Since beginning of the year, I realized, well, it’s not working. Right now, people doesn’t want to be measured that much. So it’s more about human connection, right? Getting to know the other person, what has happened the life of that person, what is going on with your family, How are you feeling? Rather than just say, okay, what is the one time delivery, right, whatever. So me and the executive team changed a lot. We decided to, you know eliminate a lot of the projects that we were taking, chain metrics or eliminate metric and having these conversation with our employees. Thing that I decided to do is every lunch, every day I spend lunch with somebody takes anybody for an hour or 2 [05:57 inaudible] I say, okay, let’s go for lunch. Let’s talk. And that definitely is changing and helping. They can see you as a human, not as a mathematical mind. That you are just looking to how I can get more productivity from you. I want to know you as a human, right. Look, it’s going to be like that forever? I can’t say. But it’s clearly made me change the way I lead the organization, I’m pushing all our managers to do the same. Get to talk to the people, right. The time that you used to spend analyzing data in the screen, now is the time to go and talk to the people.
Ashish Nathu: And not that you’re not a people leader or a servant leader, but being focused on feelings and not KPIs and results and productivity and efficiency is not completely your style. You are very much driven guy, running hard, driven to get KPIs and business efficiency out of a company. What has been the most interesting thing for you specifically? Like what have you learned about yourself?
Marcello Gonzalez: Well, I think what I learned is a lot easier to focus in metric and number.
Ashish Nathu: Interesting. It’s easier.
Marcello Gonzalez: I think so, because you can see a graph, you can see, okay, Yeah, we are getting better. We are getting worse or we are flat. It’s difficult to know how are you doing? It’s difficult to put that in a metric, right? So something that in a screen, you can do it in 10 minutes, I need to spend two hours to get to know what’s going on in your life, why you are not performing, why are you getting late. Why your mood changed, right. Before I would say, look, I don’t care about your mood. You need to improve this metric. So that made me think that I was doing that because I feel more comfortable doing that. Not that I don’t like to talk to people is sometime, you don’t have the two hour or whatever that time it is to sit down with somebody and say, tell me what’s going on with you. So that’s a kind of a learning process for me.
Ashish Nathu: Do you find that frustrating or almost enabling like supportive and exciting, or is it an energy drain?
Marcello Gonzalez: I can tell you at the beginning, it was really frustrating, right? It it’s frustrating for any manager that has a plan to change the plan. Nobody wants to change the plan. We have a clear plan. We have clear metric. This is where we’re going, let’s drill it. And suddenly says, it is not working. Now for me, I like to talk to people, right. It’s not that I don’t want to do it, but I needed to have that mindset that say, Marcelo, you need to change direction. And then not only you, you need to change the complete organization. All the executive team, the manager. So it’s like turning a big car, right, it takes time. So maybe you can do it faster, but then changing all the levels below you is what it take more time.
Ashish Nathu: One of the things that you taught me really early on in our relationship, which I loved and really stuck with me is the way you delegate decision making within the business and what things you want to be involved in, what things you don’t want to be involved in and allows the company to make a decentralized decision making structure. Can you explain a little bit about your philosophy on that and as a metaphor to a tree and I’ll let you explain, but explain what that metaphor is and why that serves you well.
Marcello Gonzalez: Yeah, I think I learned that. I think I learned it many years ago in business school, but you know, our friend, Bob [09:47 inaudible] basically is the guy that drilled me that concept that say, Marcela, you need to analyze every decision as a tree, right. In a tree, you have leaves, you have branch and then you have the trunk, right. Let’s say that you have what we call a leaf decision. You make a wrong decision. What happened with the tree? Right. And nothing happened, the tree keep leaving. So you can do many wrong leaf decision and who care. Right. Then you have a trunk decision that yeah. The tree is not going to die, but feel it right. So that kind of the decision that you say, you know what, you can make it, but let me know. In case that I don’t think it’s right, we can correct it. And the trying decision of the decision that only me is going to take, right. So let’s say take a new line of credit, do an acquisition, lawsuit, whatever. So I always pull with my team to, you know, all [10:38 inaudible] decision. I say, this is a leave decision. I don’t need to be involved. And it is a process, right. As you know, I joined this new organization called ESL a year ago, more, or less. And it take time for everybody to understand, you know what? You don’t need to ask me that you can make that decision. And if you make that decision on your own, that’s okay. You know, you have an organization that they will use when you simple example, when we order lunch. The secretary will say what everybody wants. I don’t care, it is just lunch, order whatever you want. And if somebody don’t like it don’t eat it. But you’re not going to be asking the 20 people in the lunch one by one, it is everybody wasting time. So you can make a decision and you’re doing wrong, next time It’s going to be better and learn better.
Ashish Nathu: What I like about that framework is that it makes it incredibly simple, right. For a business that perhaps is not a decentralized decision making business and allows people to think about that in an incredibly practical way. And almost enable people to make decisions like encourage them. Like, I think I’m making a leave decision, I can take the risk on this decision.
Marcello Gonzalez: Yeah. And it’s important, It’s okay that you do the wrong decision, right. It’s not just why you make that decision. It’s a leave decision who care, right?
Ashish Nathu: Well, there is a journey that most leaders go through, cause for me, I used make all the decisions and really a control freak to that. And then you almost instill this fear that we can’t make decisions on our own because everything’s got to go through other people. And then you, so you have to almost convert to a leader that is encouraging people to make decisions and fail and correct and get back on track.
Marcello Gonzalez: Yeah. And it’s also part of our learning, we always want to think that we could make that decision better. There’s no question. That’s who we are. But it’s understanding that we are not here working for perfection. So it’s working towards a particular goal. The decision can be maybe not as good as the one that we are going to take, but at the end of the day, make the business more agile. So it’s a little bit of learning about our seller accepting that perfection doesn’t exist.
Ashish Nathu: You know, that’s an interesting topic, perfection. And I’ve been really thinking and struggling with this within our business. And there’s a lot of things going on today that where people are really focused on perfection. And there is a quote from Jeff Bezos right now, going around about, you know, the 70%, which means get to 70% and keep moving forward. And the rest of it will figure itself out. And then you deviate and you, you know, 70% is better than 50%. Yeah. But it’s not 90 to a hundred percent. So it gets in the right direction, but it creates momentum and movement. You know, what is your perspective about how to manage perfection? You’re an engineering company, you’ve managed, in fact, you worked with a company that was manufacturing parts for helicopters. So there’s very little room for error and mistakes. You’re in manufacturing, right? It’s not some service business. It’s really specific details. How do you manage to perfection, yet continue to move forward in a business that, you know, sometimes perfection is not possible.
Marcello Gonzalez: Yeah. That’s a good point. I always differentiate between perfection in particular processes than perfection in decision. So let’s talk about quality for a part for the plan. Yeah, The process has to be perfect, right? Because you are involving people’s lives, right? That’s not a discussion. Quality is quality. We measure it and talking more about the perfection in the decision making process, so how you make that particular decision. And instead to be penalizing people for whatever, the quality of the decision they took is just say, look, you make that decision, I fully support it. I could do this if I could be in your position, but for the future for now, it’s okay. Now we are not talking about compromising particular [15:03 inaudible] manufacturing process. That has to be, it’s not perfection, but has to be at a level that it should be. That’s when you say, that’s a standard that we are not going to deviate. Anybody that lower the standard doesn’t belong to our organization. Simple. Because why, because we are affecting people’s lives.
Ashish Nathu: Now. Let’s take another turn. You are incredibly driven person. You have excelled in many things in your life. In fact, you’re a top 10 iron man in your age group. And so you’re, you’re incredibly successful and highly driven and motivated. And a few years ago realized that, you know, you were lacking whatever word you want to use balance, harmony, synchronicity, whatever you want to call it in your life, in multiple aspects of your life, right. You either drove really hard in athletics or drove really hard in your business and maybe other parts of your life needed more attention. Tell us a little bit about that journey, what you learned, what you were experiencing and where do you think this hard drive comes from?
Marcello Gonzalez: That’s a pretty cool point to discuss. I think [16:17 inaudible] our childhood. I was growing up with part and especially my mother really demanding, really, really demanding and everything you do looking more perfection than it’s good enough. So that drive you since you are little to be really good at what you do, right. If not, you are not satisfying your mother. So it’s not a direct order. It’s kind of the dynamic in the family. You understand that your parents are not going to be satisfied, you are not pretty close to perfection. That make me try. Especially after, you know, after the 12 years old to become really, really more demanding about my performance and everything. In sport, in school and in anything that I did. So that came from there. And then of course, all that journey, you know, you become really good at what you want to do. So I wanted to be a leader in an organization. So definitely you go to engineering school, then you go to an MBA. And you prepare for that. So it’s clear when you go and work, everything is about that. That’s what you’ve been preparing for many [17:33 inaudible] to deliver. Now you need to deliver. So, again, I was on that for many dedicating I wouldn’t say 100%, but you know, a big part of my time on the business. And then I think everything changed when, you know, with my wife, we decided to have kids, you know, we had two girls.
Ashish Nathu: We’re girl dads, hashtag girl dads.
Marcello Gonzalez: Exactly. Mikayla and Mara, and then you’re starting to rethink everything. So at that moment, I move to US here to California, I think Mikayla was seven years old, Mara was five, started to say, you know what I think we need more balance, even though I don’t believe in balance, you know, I need more diversity in my life. So that’s when I realized, you know what, life is my much more than one unilateral part of your, you know, endeavor. So I decided that maybe look for perfection in your professional career doesn’t make [18:42 inaudible] and I would say, maybe you need to focus only 70% on that. And what do you do with the other 30? I think [18:49 inaudible] helped me a lot on that. On that journey, I changed jobs. I realized that, you know, look I need something different after the 18 year with a company and traveling for many countries, I decided to move to Aero Space company, [19:07 inaudible] Aero Space, [19:09 inaudible] trouble and I move again. But already had cleared that from that moment on, I want more call it balance. I don’t want to be 100% submerged in the business. It doesn’t mean that I don’t care about the business. I dedicate a lot of time. I work weekend, but I decided when I am going to work. So if I say, look this two hour on Saturday, this two hours in Sunday, the rest is for whatever I want to do, That’s what I do. And I think it’s important because that’s what you transmit to your team in the organization. Not thinking that they also has to do the same as you do. Because you work 14 hour today, you expect that all your [19:50 inaudible] 14 hours per day. So they also kind of level the playing field for everybody. And I think it’s really important right now, with this COVID situation and people rethinking what they want to do, you know, providing that example, that it is not all about work. So, you know, in the companies, so, okay, What do you do on the weekend? [20:12 inaudible] family, right now, what is the PNA or the balance sheet or whatever. So that’s an interesting journey for me. And I think I’m in a good place at the moment. I’m happy with that balance call it, that I found.
Ashish Nathu: One of the things that we talk about in the rich equation is routine. And you have an amazing morning routine and can you share a little bit about what your morning routine is? And how it sets you up for your day?
Marcello Gonzalez: Yeah. It’s kind of embarrassing. A lot of people say you had to be crazy, right. I’m an engineer, right. An engineer, We are basically educated to be really, really a square. One plus one is two and that’s about it, no discussion. So all my life has been like that. And I continue with that, even though we talk about more balance, but you know, I start my day for 4. 50 – 4.50 in the morning, generally. Wake up sometime with alarm, most of the day I don’t need the alarm, just wake up my body’s wired for that. I have a wonderful wife, Veronica, which is my partner for more than 30 year. She do that with me. We have a gym at home, we exercise for 40 minute. And then we go for a run. I’m really fortunate, I am blessed to live pretty close to the beach. So we run close to the beach. We always, we finish at the Starbucks. Have a good coffee. Like that is around you know, 6.30 and 6.45, go home, take a shower, and then go to the office, 7.30 in the office. And you are fully energized. All the endorphins are running in your body. You are, you know wake up, But it is 3, 4 hour ago. So it’s not that you are sleepy, try to see what you do. Because when you do all this activity, you are already organizing your day in your head. You know, your calendar by memory, what you have in the day. And just trying to think what is going to happen. It worked for me. I know it is not for everybody, it’s [22:26 inaudible].
Ashish Nathu: Actually now that I think about it, I don’t ever see you really stressed. You don’t seem to, or at least you don’t wear stress like most people, how do you process stress or things that keep you up at night?
Marcello Gonzalez: No, I get stress. I maybe not [22:49 inaudible] it in a way that is normal, but yeah, I have a lot of night that I don’t sleep well. It’s part of, you know, leading a company, right? Because you really care. And when you have a problem, your brain keep working forever. I don’t get stress in the sense that I don’t scream to people, you know, I don’t, you know, shaking or get nervous, but yeah, Your brain keep working all the time, you know? Yeah, So I would say, I don’t know, maybe 40% of the nights are not an easy nights.
Ashish Nathu: What do you wish you knew 20 years ago?
Marcello Gonzalez: Wow. That’s an interesting question. Yeah, I wish I would know, I wish I would know that connection with people are really, really important. I’m trying to lead more by connecting with people, even though I’m still driving by metrics and by results. But it’s all about what is in the head of that particular person, why they are making that decision? What is on them? So I’m trying to open much more personal conversation. Especially with my team, my executive team. We already have a routine when we do a QBR, we spend two hours getting to know each other. We talk about ourself, with your family, how was you when you were 5, 10 years old? 20 years ago, I didn’t care. I just didn’t care. I just wanted to see how we do this. I don’t know, I don’t care what happened with you when you were a kid. Now that completely changed.
Ashish Nathu: [24:35 inaudible] beats that out of you.
Marcello Gonzalez: Yeah. I think, and also making a lot of mistake. So you burn people out or, you know, you have a lot of key important people that resign, right. Trying to see, that’s not working. So I think that’s one important thing. And the other thing is you know the family. Learning how to guide your kids. I still don’t know. I would love to have a recipe that tell you, okay, this is what you need to do. I think you’re going to go through that when my kids are 12 and 10. But they are starting to be more independent. More discussing with you, more challenging your decision. And say, what do you do now? So again, maybe that’s one of the thing that, you know, 20 years ago, somebody explain me, this is how you do it. But I don’t think that exists. I Think that’s what every parent go through. But I love that part of being a father. Figure it out other than the business, it is how you try to lead your kids. It’s not about giving order. It’s not about this and that. It’s, what do you think? You know, what is better for you? It’s better that you eat that ice cream or not, I am not going to tell you, you know, what you have to do, right?
Ashish Nathu: What do you wish, when your kids grow up, what do you wish that they remember about the way you fathered them or the way that, you know, what do you want them to remember? Like, this is what my dad taught me.
Marcello Gonzalez: I think you know, kind of mainly with what I did, you know, I hope I am able to, you know, engrain in their brain, the important of work ethic, hard work, dedication. I think what happen is a lot of people feel entitled for any kind of thing. And life is much more than that. I mean, you and me, we did what we did because we were really, really hard. We have endless sleepless night, right. A lot of problems. But it’s about keeping up, you know, and putting the hard work, be responsible, dedicated, and reward come with time.
Ashish Nathu: One of the things that I agree with you on is that definitely it takes a lot of hard work. This journey is not easy. And there, as people that think like, oh, you know, I want to be a leader of a company and I just hope I’m going to get there. Like, it takes a ton of discipline, a ton of work, ton of self-personal awareness. And that journey is hard, but I also feel like the way that this generation is today and the way that they have access to information and technology. And if you can learn how to use that properly, you can get there faster and more efficiently than we ever did. And so I think there’s a ton of opportunity there for kids to think about that as well. You know, like the way we went to school and the way we were educated and it is so different today, you want to learn something, you want to learn something about manufacturing engineering. You can literally just go on YouTube. And get it in 10 minutes. You don’t need to go to some, you know, MIT, Harvard education to get that type of knowledge today.
Marcello Gonzalez: It’s 100% much more accessible, The information. The thing is how they put the effort to use that . Because for the kids are easier to, you know, Tik Tok or whatever, instead I am going to study how to build a house.
Ashish Nathu: So, let’s talk about some fun stuff. What do you, any fun, crazy races you’ve done recently or you’re working on soon? You are a little bit insane when it comes to this stuff, but any insane races coming up?
Marcello Gonzalez: Coming up, No plan. I have a knee surgery in November trying to heal that, it’s a lot better, but try not to run a lot, a lot of mountain bike. And I planning to must probably do a 100 mile mountain bike race in Lake Tahoe, a year from now. That’s my goal. Yeah. And then I guess the race, more crazy race for me, the one that I love it is two years ago it was our 20 year anniversary with Veronica. We decided to do a race in Argentina that cross the Andes to Chile. So it’s a 100 kilometer race. You do it in three days, it’s running. Then you arrive after the first day, you start, you arrive to a camp, you have your tent, they have food. You recover and the next day you start. So you do that for three days and then you arrive. So we climb, I don’t know, more than 25,000 feet in total, [29:52 inaudible]. You know, we did a lot of, that’s a lot of fun, a lot of pain as well, lot of pain.
Ashish Nathu: Any triathlons coming up?
Marcello Gonzalez: Maybe doing the one here in Santa Barbara. And a couple of weekend. Not sure I’m registered. I may do it depending on my knee with testing the next few days.
Ashish Nathu: What do you find that you learn from <affirmative> doing triathlons or being an extreme athlete in the way you think about business and the way you apply those skill sets to business?
Marcello Gonzalez: I think it teach a lot about discipline, about never give up, you know knowing that whatever when you start this race, you you’re going to start, you know, it’s not going to happen in two or three hours. You never know, you’re going to need to be really adaptable. Right. Because you may have blister, you may, whatever, but you are not going to give up. So the saying goes in business, right? It’s really is in business. You’ve been an employee to resign because you don’t like the chair, well, that’s, that’s not how you build a career. Well, It’s just about call, never give up, relentless pursuing your goal. Never give up no matter what you’re going to make it. Right, Even if you need to crawl, you need to walk whatever. Okay. And in order to do that, you need to prepare.: So the training is really important, right? Take the raid. That’s the best, that you can control, be ready for the thee. When the race start is nothing you can control. Cause this is a bent, the weather can change, your bike. You may have a [31:35 inaudible], how you’re going to control that, but you need to react. That’s what I love a lot analogy with the business. What I say before we have a really good plan for this year. Well, the environment chain, right? It wouldn’t be really easy to give up. I resign, move on, find other company. But now, I see about, Have a plan stick. Don’t give up.
Ashish Nathu: That’s so good, as we wrap up. What does rich mean to you?
Speaker2: Yeah, rich mean for me is, it’s not about the money. You know, I think once you have the means to have the live that you want, that’s about it right. So it’s about finding things of make you happy, right? It Is from the job that make you happy to the diversity of activity that make you happy, the time that you spend with your family. Right? So I, every year I do my, you know, happiness goal, right. What. I want to do. I know that I want to train six day a week. I want to go with my family, a trip with my family seven times a year, whatever that is. And stick to that. And yeah, even though, because you are allocating time to that, you can, you may be making less money, but that’s okay. Right. That’s what means to be rich, It Is to enjoy the journey, you know, in whatever you love to do.
Ashish Nathu: I love that. Any questions or thoughts as we wrap up?
Marcello Gonzalez: No, it was pretty cool. Very experience for me. It’s always great to share, you know, I would experience this idea with you. Right. And I hope that help people along the way.
Ashish Nathu: Well, I definitely think people are going to learn a lot from this episode and there’s so much more to you Marcello, and hopefully we’ll have you back on the show and dig deeper into some of the things, but really just appreciate you. Thanks so much for listening. Have a great day. This is the rich equation.
Thank you for listening to the Rich Equation podcast with Ashish Nathu. Do you want more ideas on how to live rich? Go to www.richequationpodcast.com for show notes and resources. Then take one minute to leave Ashish, a five-star review on apple podcasts, and we’ll see you on the next episode.