Fearless Thinking

🎙️34. Embracing the Growth Mindset: How Failure Fuels Success with The Ascend Hub

May 16, 2024 Michael D Devous Jr Season 1 Episode 34
🎙️34. Embracing the Growth Mindset: How Failure Fuels Success with The Ascend Hub
Fearless Thinking
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Fearless Thinking
🎙️34. Embracing the Growth Mindset: How Failure Fuels Success with The Ascend Hub
May 16, 2024 Season 1 Episode 34
Michael D Devous Jr

Hey Fearless Thinkers! Buckle up for episode 34, where we delve into a topic that can make even the bravest entrepreneur flinch: failure. But what if I told you failure isn't the enemy? In fact, it can be your greatest teacher, the fuel that propels you towards incredible success.

This episode isn't just about surviving setbacks; it's about thriving with a growth mindset. We'll explore how to transform your perception of failure and leverage it as a springboard for innovation. Here's what you can expect:

The Power of Reframing: From Fixed to Growth Mindset

Many of us operate with a fixed mindset, viewing intelligence and abilities as unchangeable traits. This perspective makes failure a reflection of self-worth and a dead end. But with the growth mindset, championed by Dr. Carol Dweck, intelligence and abilities are seen as things that can be developed through experience and effort. Failure becomes a learning opportunity, a chance to identify weaknesses and ultimately, a stepping stone to success.

The Ascend Hub: Your Growth Mindset Community

The entrepreneurial journey is rarely a solo flight. The Ascend Hub fosters a supportive community where embracing the growth mindset is encouraged. Here's how:

  • Shared Experiences: Connect with fellow Founding Leaders who have experienced and overcome setbacks. Learn from their stories, share your own challenges, and discover that failure is a universal experience.
  • Expert Mentorship: The Ascend Hub connects you with mentors who have navigated their own growth journeys. Gain valuable guidance on how to learn from failures, adapt your strategies, and keep pushing forward.
  • Growth Mindset Resources: Access a library of curated content focused on fostering a growth mindset. Learn from industry leaders, explore practical tools, and develop a framework for transforming setbacks into stepping stones for success.

Fearless Leaders and the Power of Failure

Think of history-making entrepreneurs like Steve Jobs or Arianna Huffington. Both faced major setbacks, but they didn't let these failures define them. They embraced the growth mindset, learned valuable lessons, and ultimately came back stronger.

Cultivating Your Growth Mindset with The Ascend Hub

So how can you cultivate a growth mindset within yourself? The Ascend Hub empowers you with these tools:

  • Interactive Workshops: Participate in workshops designed to help you reframe your thinking towards failure. Learn to see challenges as opportunities and celebrate small wins along the way.
  • Peer-to-Peer Coaching: Connect with other Founding Leaders through coaching sessions. Share your experiences, receive constructive feedback, and learn from each other's growth journeys.
  • Accountability Partners: Find an accountability partner within The Ascend Hub community. Support each other through setbacks, celebrate successes, and hold each other accountable for embracing the growth mindset.

Remember, failure is inevitable. But with The Ascend Hub by your side and a growth mindset fueling your journey, you can transform setbacks into powerful launches for your entrepreneurial dreams.

Don't miss out! Tune in and unleash your inner fearless thinker!

#GrowthMindset #Entrepreneurship #TheAscendHub #FearlessThinking

P.S. Share your biggest entrepreneurial failures (and the lessons learned!) Tweet us @FearlessThinking using the hashtag #GrowthMindsetLaunch. We might feature your story on a future episode!

#MeToThePowerOfWe #Me2XWe

theascendhub.com

Show Notes Transcript

Hey Fearless Thinkers! Buckle up for episode 34, where we delve into a topic that can make even the bravest entrepreneur flinch: failure. But what if I told you failure isn't the enemy? In fact, it can be your greatest teacher, the fuel that propels you towards incredible success.

This episode isn't just about surviving setbacks; it's about thriving with a growth mindset. We'll explore how to transform your perception of failure and leverage it as a springboard for innovation. Here's what you can expect:

The Power of Reframing: From Fixed to Growth Mindset

Many of us operate with a fixed mindset, viewing intelligence and abilities as unchangeable traits. This perspective makes failure a reflection of self-worth and a dead end. But with the growth mindset, championed by Dr. Carol Dweck, intelligence and abilities are seen as things that can be developed through experience and effort. Failure becomes a learning opportunity, a chance to identify weaknesses and ultimately, a stepping stone to success.

The Ascend Hub: Your Growth Mindset Community

The entrepreneurial journey is rarely a solo flight. The Ascend Hub fosters a supportive community where embracing the growth mindset is encouraged. Here's how:

  • Shared Experiences: Connect with fellow Founding Leaders who have experienced and overcome setbacks. Learn from their stories, share your own challenges, and discover that failure is a universal experience.
  • Expert Mentorship: The Ascend Hub connects you with mentors who have navigated their own growth journeys. Gain valuable guidance on how to learn from failures, adapt your strategies, and keep pushing forward.
  • Growth Mindset Resources: Access a library of curated content focused on fostering a growth mindset. Learn from industry leaders, explore practical tools, and develop a framework for transforming setbacks into stepping stones for success.

Fearless Leaders and the Power of Failure

Think of history-making entrepreneurs like Steve Jobs or Arianna Huffington. Both faced major setbacks, but they didn't let these failures define them. They embraced the growth mindset, learned valuable lessons, and ultimately came back stronger.

Cultivating Your Growth Mindset with The Ascend Hub

So how can you cultivate a growth mindset within yourself? The Ascend Hub empowers you with these tools:

  • Interactive Workshops: Participate in workshops designed to help you reframe your thinking towards failure. Learn to see challenges as opportunities and celebrate small wins along the way.
  • Peer-to-Peer Coaching: Connect with other Founding Leaders through coaching sessions. Share your experiences, receive constructive feedback, and learn from each other's growth journeys.
  • Accountability Partners: Find an accountability partner within The Ascend Hub community. Support each other through setbacks, celebrate successes, and hold each other accountable for embracing the growth mindset.

Remember, failure is inevitable. But with The Ascend Hub by your side and a growth mindset fueling your journey, you can transform setbacks into powerful launches for your entrepreneurial dreams.

Don't miss out! Tune in and unleash your inner fearless thinker!

#GrowthMindset #Entrepreneurship #TheAscendHub #FearlessThinking

P.S. Share your biggest entrepreneurial failures (and the lessons learned!) Tweet us @FearlessThinking using the hashtag #GrowthMindsetLaunch. We might feature your story on a future episode!

#MeToThePowerOfWe #Me2XWe

theascendhub.com

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[Music]

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hey there everybody and welcome to

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Fearless thinking a podcast designed to

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help you navigate authentic leadership

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and the entrepreneurial Journey I'm your

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host Michael duu and these are my

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thoughts lessons and insights from my

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entrepreneurial journey into coaching

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workshops motivational speaking and of

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course what I picked up from interviews

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with inspiring leaders and entrepreneurs

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along the way my mission is to help

0:32

people unlock their untapped potential

0:35

by using fear as a catalyst for powerful

0:37

change and growth so they can step into

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the greatest version of their most

0:42

authentic selves all right let's get

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into some Fearless thinking

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[Music]

1:03

hey Fearless thinkers welcome back to

1:06

Episode 34 I'm your host Michael duu of

1:08

The Fearless Thinking podcast uh this

1:11

week this week this month and next month

1:14

you know we are in pre-launch phase for

1:17

the Ascend Hub community and I will be

1:20

talking about and sharing about those

1:21

ideas and those

1:23

Concepts uh here on the platform and in

1:26

these episodes today we're talking about

1:28

embracing the growth mindset and how

1:31

failure can fuel our success and how the

1:35

ascent Hub can help you do just that

1:39

so tackling the topic of failure which

1:44

can send shivers down anyone's

1:47

spine

1:49

um it's always a challenge to be able to

1:52

talk about these things it's always sort

1:53

of a not a struggle but to me failure is

1:55

just not a thing it's a I guess it is if

1:58

you don't get back up and you don't try

2:00

again then maybe that's failure anybody

2:02

that gets back up anybody that decides

2:04

they want to be an aspired entrepreneur

2:05

Mentor leader or executive and decides

2:07

to step onto that Jo that road and that

2:10

Journey um if you fall down and you get

2:14

back up and you keep going then you

2:15

haven't

2:16

failed um and I think you know when

2:19

we're younger and I hopefully people

2:21

today are reframing this this this word

2:25

this phrase for young kids so that they

2:28

understand that's it's not failing I

2:30

think failing failing is not a good word

2:33

we should just not use it because it's

2:35

incorrect and it has been applied

2:38

incorrectly um failure isn't the enemy

2:42

uh in fact it is a great teacher uh that

2:44

and a fuel by the way that can Propel

2:46

you towards incredible success if you

2:48

use it well and use it wisely uh which

2:51

is why I like to call it you know

2:52

falling not failure

2:56

uh fear can be your friend which is what

2:59

I talk about

3:01

you know in my motivational speaking and

3:03

keynote speeches and my workshops and

3:04

coaching to make fear your friend is a

3:07

powerful asset and a powerful mind shift

3:11

by the way to get your perspective to

3:13

turn it around over here and start using

3:15

and treating your fear differently H as

3:20

something that's no longer outside of

3:22

you that's taking over outside of your

3:25

it's now on this side of your future

3:27

proof committee committee at the table

3:29

with you help and guide you and advise

3:31

you um we've all heard the saing that if

3:34

say saing we've all heard the saying

3:38

that if you're not failing you're not

3:40

trying hard enough and there's a lot of

3:43

Truth to that I think the more you fail

3:45

the more you learn the more you learn

3:46

the more you grow the more you grow the

3:47

more you win it's just it is the cycle

3:50

of of what we do as entrepreneurs that's

3:52

just it you've got to fail and fail

3:54

often you don't have to fail necessarily

3:57

hard but failing of often means that you

4:01

are eliminating other options the more

4:04

you get down the road the further you

4:06

get down the road

4:08

um so many of us can you know we need to

4:14

reframe our growth mindset so that we

4:16

look at these things differently in

4:17

terms of what bailing and falling look

4:19

like many as many of us can operate

4:21

within a fixed mindset

4:25

um not being flexible and resilient not

4:28

having a growth mindset means that you

4:30

see intelligence talent and abilities as

4:34

fixed traits um and if you have that

4:37

view just I can't imagine that you would

4:39

be an entrepreneur I just don't

4:40

understand how you can do it when you're

4:42

you can't have fixed traits like that

4:44

when you're an entrepreneur you have to

4:45

know that those things are constantly

4:46

changing growing and increasing the more

4:49

you do the work and put in the time and

4:51

get back up and reinvent yourself and

4:54

failure in this perspective becomes a

4:55

reflection of your own worth and and

4:58

potentially just a dead end right uh

5:01

when you when you when you believe that

5:02

it's a fixed trait Carol DW uh by the

5:05

way you should read about her and if you

5:06

haven't heard about her Carol D Weck

5:09

Carol dck leading researcher on growth

5:13

mindset she wrote the book about it you

5:15

know some incredible challenges our

5:17

perspectives in the sense that she

5:18

argues that intelligence and abilities

5:20

are not uh set in stone um these are are

5:24

are developed over time through

5:26

experience and effort and they are

5:28

constantly moving growing and shifting

5:30

and she says that the passion for

5:32

stretching yourself and sticking to it

5:35

even or especially if and when it's not

5:38

going well that is the Hallmark of the

5:41

growth

5:42

mindset um stretching yourself that's

5:45

flexibility that's resiliency that's

5:48

being able to Pivot that's being able to

5:51

have a

5:52

malleable flexible mind and thinking

5:56

environment so that the the gray matter

5:58

up here is constantly reassessing and

6:01

reevaluating and iterating itself and

6:03

the growth mind growth mindset flips the

6:06

script on the framework of the fixed

6:10

trait uh fixed idea right fixed growth

6:14

mindset um in this framework

6:17

intelligence and abilities are seen as

6:20

assets that can be developed through

6:23

experience and effort over time and then

6:25

failure now becomes a learning

6:27

opportunity because as it be it becomes

6:29

a chance to identify your weaknesses I

6:32

mean that's crucial and important and

6:34

ultimately create Stepping Stones to

6:36

success um one of the benefits we were

6:39

talking about every time you do fall or

6:41

fail if you want to call it whatever you

6:42

want to do but if you're learning from

6:44

it you've just gained the understanding

6:46

that that didn't work and there are

6:48

things you can get out of it one I

6:50

didn't do this well I could have done

6:52

this better I learned something about my

6:54

strength or weaknesses here and there I

6:57

had the wrong tool to apply Li I didn't

7:00

give myself enough time to get it done

7:03

there are you so many different things

7:05

you can learn about the experience going

7:09

into it in fact if you have one that

7:11

you're stepping into an experience

7:13

you're stepping into that you really

7:14

want to gauge the data on right you

7:17

really want to check your kpis and your

7:20

Roes rois all those things you want to

7:23

see what you're getting out of it write

7:27

it down write down what your

7:28

expectations are what you're going to

7:29

get out of the experience write down

7:31

what your expectations are on the

7:32

deliverables and what you believe you're

7:35

going to gain both in terms of your

7:37

experience knowledge and understanding

7:39

of where you're headed in personally

7:43

professionally as well as through the

7:44

business and then excuse me once you get

7:47

to the other side of that if for some

7:49

reason it was a falter a fail or a

7:52

fall and you need to look at those

7:54

things maybe it's your perspective on

7:58

what your expectations were

8:00

that led you to the trip up maybe it's

8:02

your expectations about a specific tool

8:05

or asset that you had that didn't

8:06

deliver maybe it's about your weakness

8:09

one of the areas you were too strong

8:11

over here outweighing one of these

8:13

weaknesses and therefore you weren't

8:15

able to to do a good job um these are

8:18

all things you you should be learning

8:19

about yourself if you want to become a

8:21

good leader and a good entrepreneur and

8:22

you want to be successful why not

8:25

um the growth mindset helps us celebrate

8:30

the journey um our challenges and our

8:33

lessons that we've learned along the way

8:35

you can call that your Lessons Learned

8:37

your LL Journal your Lessons Learned

8:39

Journal your robloxs and challenges

8:43

Journal your Stepping Stones Journal you

8:45

know I call mine my Fearless road and it

8:49

is the road that I'm on when I'm testing

8:52

these Waters and my skill sets against

8:55

the world and my ideas and it's a great

8:58

place for me to sort of put all those

9:00

things you know because I do have

9:02

expectations my sister was saying this

9:03

to me you know she is perhaps one of the

9:06

reasons why I felt that way for you

9:07

because you had unrealistic

9:10

expectations and while I understand the

9:12

concept of unrealistic expectations I

9:16

don't think you can go into anything

9:18

without expectations uh my stepfather

9:21

says this as well as you know like you

9:22

know don't have any expectations and you

9:24

won't be disappointed um I don't think

9:27

you can do that I don't think you can be

9:29

an entrepreneur and not have

9:31

expectations of yourself and the

9:33

deliveries of your dream into the world

9:36

I think everyone of us sets up

9:37

expectations now whether or not they're

9:39

unrealistic is another thing right I

9:42

think gauging that what is realistic

9:46

pragmatic and possible against what

9:50

is not um if you write these things down

9:54

regularly when you go into some of these

9:56

test modes or what have you I think what

9:57

you're going to you eventually will mind

10:00

is that you will get a a better

10:02

assessment tool engage for what is worth

10:05

the risk and where you can add a little

10:08

more risk or take a little bit back

10:10

where you can add additional

10:12

expectations or raise the bar on those

10:14

expectations as opposed to lowering the

10:17

borrow and expectations for this

10:18

particular outcome because you've been

10:20

working with not only your particular

10:22

mindset and expectations as you've gone

10:24

along but you now know how to adjust

10:27

those things based on a few of the

10:30

criteria and that's skill set experience

10:33

expectations tools weaknesses versus

10:36

strength people versus resources all

10:39

those different variables that can come

10:41

in that can either help you get there

10:42

and succeed hello the ascent Hub or

10:46

falter and not make it there because you

10:48

didn't have what you needed and you

10:49

weren't where you were you weren't ready

10:50

and prepared to to to to take that next

10:53

step and Henry Ford obviously you know

10:56

great grandfather of of vehicles and

10:58

stuff said the only mistake is the

11:00

mistake from which we learn nothing this

11:03

is you know this is what I say and the

11:06

Ascend Hub will help you learn we will

11:08

help you turn those falters turn those

11:12

fall Downs turn those trip ups turn

11:14

those stepping stones into successes

11:16

into learning methods into actionable

11:19

Workshop brainstorm sessions and huddle

11:21

sessions to help you navigate your

11:24

Fearless Road and Ascend to Great

11:26

Heights uh for your business and to go

11:28

to Launch

11:30

um the Journey of course for the

11:31

entrepreneur it's not a solo flight guys

11:33

it's not we don't do this alone we could

11:36

do this alone obviously 100% but we have

11:39

to understand that we might have all the

11:40

brilliant ideas and the passion and the

11:42

energy but we really have to begin to

11:43

build a team right and that is if you

11:46

don't have and you can't afford yet to

11:48

bring on an entire team the Ascend Hub

11:50

can be that for you we can be your

11:52

internal guide Encompass your uh virtual

11:56

com committee your board of directors if

11:58

you will to test some of these things

12:00

out for you to help make sure you're on

12:03

where you you're on the right path

12:04

you're where you need to go and you're

12:05

heading the right direction right and to

12:07

help you set up those expectations

12:10

fairly and reasonably so that you can

12:12

meet them and exceed them right and

12:16

that's through shared experiences well

12:18

where we'll have uh founding leaders

12:20

fellow founding leaders on board at the

12:22

Ascend Hub who will share some of their

12:25

own particular setbacks and their

12:26

experiences that they overan right it

12:28

might resonate with you where you're at

12:30

immediately and oh wow they just went

12:31

through this holy crap that's amazing I

12:34

I can use that uh right now because

12:35

that's what I'm experiencing learn from

12:37

their stories and share your own

12:39

challenges and experience with us right

12:41

so we can all learn from your

12:43

experiences and we can discover that

12:45

failure is a universal experience and it

12:49

is part of the world of

12:51

Entrepreneurship these Badges of Honor

12:53

that we wear these scars of resiliency

12:55

that we've built even the rewards and

12:57

incentives inside you know we might do

12:58

something inside the SN tub that you

13:01

know I had a

13:02

fail hey man had a great fail this week

13:05

and I want to share it with everybody

13:07

you know let's share those things and

13:09

make turn those fails into rewards turn

13:11

those fails into wins by sharing them

13:14

with other people so that they don't

13:16

have to fall right that's when it

13:18

becomes a win and not a fail um expert

13:20

mentorship obviously I've said before

13:22

we're building the the mentor

13:23

programming inside the Ascend Hub that's

13:25

more phase two and even in a larger

13:28

extent phe three as we begin to get more

13:31

iterative feedback from all of our

13:32

members on what they need in terms of

13:34

Mentor programming but but the

13:36

mentorship will be there you know it's

13:37

just part it's sort of baked in for us

13:39

like I said it's Ragu um this will be

13:42

able to provide our members and our our

13:45

mentors and mentees right with the

13:47

guidance on how to take our failures and

13:50

turn them and adapt them into strategies

13:52

so we can push forward and get past them

13:55

as well excuse me as help develop our

13:59

growth mindset we'll take some of these

14:01

initiatives and tactics and features

14:03

from Carol DW and the way that she

14:05

presented them and put them into curated

14:07

Assets in our libraries our workshops

14:10

fostering a growth mindset through

14:12

practicing some of these things with

14:14

each other um from our our industry

14:17

leaders our practical tools our

14:20

framework for transforming setbacks into

14:22

Stepping Stones right uh and that we

14:25

will be doing together so that's going

14:26

to be amazing so think of it like think

14:28

of history making entrepreneurs like

14:31

Steve Jobs and Ariana Huffington and all

14:33

these amazing people Carol dwag you know

14:36

they all face major

14:38

setbacks um you know even um Alex herot

14:42

who I'm in I'm I'm reading everything

14:45

he's got right now everything amazing

14:47

get it um they had setbacks

14:51

right Alex talks about it on his podcast

14:54

and even Steve Jobs who famous who was

14:56

famously outed from Apple

14:59

and uh Huffington's company collapsed uh

15:03

she collapsed from exhaustion early on

15:06

in her career you know they they didn't

15:08

let these failures Define

15:10

them they used them as fuel they

15:14

embraced a growth mindset chose to rise

15:17

back up analyzed their mistakes and

15:20

learned valuable lessons and ultimately

15:21

came back stronger in fact Steve Jobs

15:24

returned apple and then revolutionized

15:26

the tech industry and upington launched

15:28

a multi media Empire focused on what

15:31

well-being

15:33

wellbeing like that that turned things

15:37

around um so a couple things we're going

15:40

to have you know in the Ascend Hub to

15:42

help you build your growth mindset and

15:44

cultivate your growth mindset are those

15:46

interactive workshops love workshops

15:49

love creating these for

15:51

everybody um I have a powerful creative

15:53

team of individuals helping us create

15:54

really unique and interesting workshops

15:56

so that we can get better engagement and

15:58

really

15:59

um I don't know just create great

16:01

opportunity and fun while we're doing it

16:03

while we're learning right um

16:05

peer-to-peer coaching obviously that's

16:07

going to be available I think you know

16:09

the Baseline of what we're going to be

16:11

offering in there is some one is one to

16:13

many coaching um once you want to get

16:15

further into the smaller group coaching

16:18

and the one-on-one group coaching you

16:19

can certainly upgrade and you can pay

16:21

for additional features like that with

16:23

our coaches and our leaders um so you

16:25

can have better access to it but those

16:27

will be available in the larger sessions

16:29

as well as accountability

16:31

Partners um one of the things I think I

16:33

always do better is if I have

16:34

accountability partner I always know I'm

16:35

going to succeed better because I've got

16:37

people to answer to when it's just me

16:40

I'll slip you know what I mean when it's

16:42

just me I might rationalize a few things

16:46

that aren't really in the best interest

16:48

of of the Target that I'm trying to go

16:50

after and having an accountability

16:52

partner inside the ascent Hub helps us

16:55

helps support us through our setbacks

16:57

keep us on on our growth Minds set right

16:59

celebrate our wins and and then make

17:02

make sure that we're we're headed where

17:03

we need to go that we're going to get

17:04

there successfully so remember you know

17:07

failure is inevitable but the ascent Hub

17:10

will be with you and guiding you and on

17:12

your side every step of the way helping

17:14

you build that growth mindset fueling

17:16

your journey and helping you transform

17:18

your setbacks into powerful stepping

17:20

stones and launches for your future and

17:22

your entrepreneurial dreams so remember

17:24

share your setbacks with us hasht

17:27

setbacks growth set launch and hashtag

17:32

hashtag me to the power of we put it in

17:36

there I want to see what you guys have

17:37

to say about it give me your thoughts

17:38

and ideas about this asent what you want

17:41

to see when we open on the 19th and also

17:44

make sure you're looking for those links

17:45

for those discounts huge promotion going

17:48

on right now y'all that's huge 75% off I

17:52

mean you're never going to see that

17:53

again I'm not going to do it I can

17:55

promise you that I I just I just don't

17:57

think so uh I don't think I'll ever get

18:00

that give that much of this away now

18:03

there will be opportunities in the

18:05

future for us to do that as a group and

18:07

as a community when we give back to the

18:08

community and the me to the power of we

18:11

nonprofit side of things but in terms of

18:13

the platform and getting the

18:14

subscription model whether that's annual

18:16

or monthly you're never going to see 75%

18:19

again so you better get on board and get

18:20

on quick y'all click those buttons do

18:22

those things hit the likes and

18:23

subscribes and if you're so kind please

18:26

give me a lovely review remember think

18:29

fearlessly love on each other and uh get

18:31

out in the world make some impact and

18:33

then join this Zend Hub okay tell us all

18:34

about it we'll see you next time bye

18:42

[Music]