Stephen Sokoler, founder and CEO of Journey, shares how proactive mental health practices and daily habit formation can lead to healthier, less stressful lives. From running snow removal businesses to leading Journey Meditation, Stephen dives into the challenges of mental health in the workplace, entrepreneurship, and the value of meditation for personal growth and well-being.
In this episode, we look at proactive mental health, workplace wellness, behavior change, executive leadership, HR, entrepreneurship, and the importance of mindfulness. These themes shape how we understand and approach mental health in today’s rapidly evolving corporate and personal spaces.
Key Takeaways:
- Proactive mental health focuses on daily habits for stress reduction and overall well-being.
- Societal shifts are changing the narrative from mental illness to mental wellness.
- Bridging HR and executive leadership is essential for advancing workplace mental health support.
- Stephen Sokoler’s entrepreneurial journey illustrates the diverse paths to success, from snow removal to wellness tech.
- Meditation is a powerful tool for fostering personal growth, clarity, and alignment with one’s values.
- Kindness and presence are key to living a meaningful life, both personally and professionally.
Chapters
00:00 Who is Stephen Sokoler?
03:23 Proactive Mental Health
06:22 Shifting Societal Understanding of Mental Health
11:41 Bridging the Gap: HR and Executive Leaders
14:31 Journey's Proactive EAP
18:09 Entrepreneurial Journey: From Snow Removal to Journey
25:21 Starting a Bar and the Challenges of the Hospitality Industry
32:00 Discovering Meditation and the Journey to Mental Health
38:36 Becoming a Kinder Leader and Manager
45:34 Advice to Younger Self: Be Kinder
Connect with Stephen here: https://www.linkedin.com/in/stephensokoler/ and visit Jouney to learn more about Proactive Mental Health here: https://journey.live/
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[00:01:10] Hey, this is William Tin Cup and Ryan Leary and you are listening and hopefully watching
[00:01:14] Inside the C-Suite podcast. We've got Stephen on today. We're going to learn about his journey
[00:01:18] and let's just get started. First of all, Ryan, how are you doing?
[00:01:24] I'm doing good. I'm doing good. Except I'm Stephen before you jumped on. I was telling
[00:01:29] William how I've got to share a story, of course. I went on a trip and I can't find my
[00:01:37] razors. So I'm using a razor that I'm not used to it. I shaved it all the way down.
[00:01:43] Now I'm staring at myself feeling like a cue ball for the next 40 minutes.
[00:01:50] Yeah. So I had actually an experience where I messed up something on my buzzer
[00:01:54] and I took off all the hair. So then I had to take it all down and then I looked and I was like,
[00:02:00] oh my god, I look like my father and it's scared to shoot at me.
[00:02:07] Well that's where I'm at. I'm kind of feeling like, you know, it's a little, it's a different
[00:02:12] feel today but definitely nothing like William. When he shaves his, he goes straight to the skin,
[00:02:19] plazes his head. Well, I guess he comes and you look like me bald and no facial hair.
[00:02:23] I do. I do. But I don't, I have an old razor 15 years. So when I go to my barber, they'll take it
[00:02:33] down to a one or two or whatever. That's it. I literally don't own a razor.
[00:02:39] When I started Journey, we started, and we'll talk about obviously, I started as a
[00:02:44] meditation company and when we were fundraising, I had this big beard. I mean for those of
[00:02:48] you know, I feel it's probably eight inches below my face. Oh my goodness. It was very on brand, right?
[00:02:53] It was really selling the store. This guy had to be legit if he has a beard like that.
[00:02:57] 100%. Yeah, you're getting in position the whole bit. Like, yeah, like I can actually see that.
[00:03:04] Yeah. The funny thing is the truth is it actually was authentic. Like I actually
[00:03:09] just gave way less, I'm assuming I'm allowed to curse on this. Oh, 100%.
[00:03:17] How I looked and it was very liberating. So it was actually amazing. Then of course,
[00:03:21] I met my wife and now she wants me to look a certain way.
[00:03:26] Your wife said, shape up dude. Like, I don't care what company you have. I don't care what you're
[00:03:31] playing. Yeah, I need you to be over here like this. Yeah, exactly. Somewhere normalcy. Well,
[00:03:38] Steven, why don't we do introductions? Tell us a little bit about your current
[00:03:42] company and what you're doing. Sure. Yeah, so I'm the founder and CEO of Journey.
[00:03:46] We are a mental health company, specifically a proactive mental health company. So we help people
[00:03:52] to incorporate good habits on a day-to-day basis all around behavior change and habit
[00:03:57] formation so that they're able to live happier, healthier, less stressed lives. And we work
[00:04:02] with enterprise companies. So we support big organizations like Walgreens and L'Oreal
[00:04:06] and American Express to support their employees and their family members.
[00:04:10] So, Ryan, you got something? No, go for it. Go ahead.
[00:04:13] So we had a guest on yesterday and he was talking and he said, listen, it was a financial wellness.
[00:04:19] So different, different tangential to you but wellness. And he said, listen, think of wellness
[00:04:25] and the things that you can do both good and bad behaviorally. And then think of nutrition
[00:04:32] and the things that the decisions you make good and bad and run those parallel.
[00:04:38] Just think in your mind and run those parallel that there's things that you do that kick off
[00:04:44] those endorphins or the dopamine, et cetera. In finance like spending money, you go and
[00:04:49] you spend a bunch of money, endorphins are kicking. Well, he said for some people,
[00:04:54] eating is like that. They go and have and he talked about himself actually. He's just like,
[00:04:59] I'm going to have some bad food. That's terrible for me in about an hour from now.
[00:05:04] And I know it, but I'm going to make up for it by doing this, this, that. And so
[00:05:10] the question is, first of all, if you like those parallels, can we think of mental health in the
[00:05:16] same way? Absolutely. And I love it because one of the challenges is people societally still
[00:05:23] only think of mental health as mental illness. Right. They're not thinking of it as mental
[00:05:27] health. So you think about things like physical health, right? Like in the 70s,
[00:05:32] people weren't exercising the way they are now. Like I was running was a weird thing right now.
[00:05:36] Societally, we know whether we do it or not is a different thing that we should to your point
[00:05:40] eat well. We should take care of our bodies. We should have some movement, but we don't think
[00:05:44] of mental health as like, okay, on a day-to-day basis, I should be meditating, journaling, prayer,
[00:05:51] what have you, something to be introspective, to look inward, to find that quiet and that
[00:05:56] peace and actually set yourself up for a good day, a good life, et cetera. So yeah, I love
[00:06:01] the parallel. When did you start to see the change from mental health being viewed as an illness
[00:06:08] versus taking care of yourself? Recently. So the pandemic obviously as terrible as it was for so
[00:06:15] many reasons, was something that, you know, expedited our understanding of the importance of
[00:06:21] mental health because people that didn't have like mental health issues in terms of illness
[00:06:25] were burning out and we're really struggling with loneliness and isolation. And so people
[00:06:31] and companies were saying, hey, we need, we need more of this. And I think generationally, there's
[00:06:37] also a big difference, you know, guys, I'll say in and around our age, right, may have some
[00:06:41] relationship to it. But if you look on either end, if you look, you know, much younger,
[00:06:45] teenagers, Gen Z, they're much more comfortable talking about their mental health.
[00:06:49] And then you go the opposite, like our parents generation, they're not talking about it,
[00:06:53] like therapy, that's not a thing, right? I'm going to talk about my feelings. So I think
[00:06:57] we're getting better over the last few years. But I would say the challenging part is
[00:07:03] we're facing an uphill battle because the stressors continue, whether it's social media or as we were
[00:07:09] talking about before we started, right, the election and mass shootings. And it's just
[00:07:14] like no shortage of hits on our brain. And so we need to have that in order to just kind
[00:07:20] of survive in the world we're living in. So the way that we've, from an HR perspective,
[00:07:25] the way that we've dealt with mental health historically is through EAPs and it's reactive
[00:07:34] in nature. So if somebody has some type of episode, and then we're going to throw some
[00:07:38] resources at it and help them get through that whatever episode that was, you're on the other
[00:07:45] end of that in proactive, tell us a little bit about what is proactive mental health.
[00:07:51] Yeah. Well, it's about building or in our case, we work through enterprise, right? So helping
[00:07:56] employees to incorporate mental health proactively on a day-to-day preventive basis, right? So the
[00:08:04] same way we're going to the gym and exercising so that we don't end up in physical therapy,
[00:08:09] right? We can have physical therapy when something goes really wrong. Same way,
[00:08:12] we offer therapy and that's available and we want to make sure people have that,
[00:08:16] but we want people to have healthy habits. So how do you incorporate meditation,
[00:08:21] journaling, breath work, insert practice of your choice, right? Being in community, being in nature
[00:08:28] so that you are keeping yourself balanced and centered and grounded and ready for whatever
[00:08:33] the world throws at you. I like that it's not one-dimensional in that it's about meditation
[00:08:39] or it's about calmness or one thing. You would approach and then journey would approach
[00:08:46] individuals and just say, let's figure out what works for you. It might not be meditation. Okay,
[00:08:53] cool. I like that you're coming up with people multi-dimensionally where, hey listen,
[00:08:59] the whole idea is to get you to a place where you're reflective and calm.
[00:09:03] I want to take a break real quick just to let you know about a new show we've just added
[00:09:08] to the network. Up Next at Work, hosted by Gene and Kate A'Keele of The Devon Group.
[00:09:16] Fantastic show. If you're looking for something that pushes the norm, pushes the boundaries,
[00:09:21] has some really spirited conversations, Google Up Next at Work, Gene and Kate A'Keele from
[00:09:29] The Devon Group. Yeah, exactly. So it's all about providing the right care at the right time
[00:09:36] and somebody might need a therapist, they might need a psychiatrist, they might need something more
[00:09:41] significant because there is a full spectrum and people are at one point for out their whole life.
[00:09:46] People will move back and forth and I think we didn't talk about this yet but when I started
[00:09:50] the company actually it was a little bit different. I started as Journey Meditation Inc,
[00:09:55] which is still the legal name of the company because meditation was the practice that changed
[00:09:59] my life. So we started with meditation and then I realized well I'm actually not like
[00:10:05] while meditation helped me I'm kind of agnostic as to what's going to help you the same way.
[00:10:10] If you do CrossFit and somebody else does yoga and somebody runs, I don't care as long as they're
[00:10:14] staying healthy. And so that's when we started adding all these other subclinical modalities
[00:10:21] and then in the middle of the pandemic we said you know what? We can do more
[00:10:24] and then we added all of these clinical support. So happy to share more about that of
[00:10:31] Yeah and Stephen I know this is going to be a story of your journey.
[00:10:35] No pun intended, well maybe pun intended. We're going to learn about your journey,
[00:10:38] your background. But before we go backwards maybe walk us through, I've always been fascinated
[00:10:45] in the last over the last couple of years the conversation that services or companies like
[00:10:51] Journey are having with HR leaders and leaders within companies because in my god
[00:11:00] I feel as if at least historically these conversations were getting into a company in this way
[00:11:07] was highly dependent on the person you're talking to. Is that leader a believer? Do they
[00:11:13] believe if they were, if they went, if they practice yoga, they practice meditation or
[00:11:18] practice prayer they'd be open to the conversation. What is that conversation like today versus
[00:11:23] pre-pandemic or prior to all of this being more open in conversation?
[00:11:28] Yeah it's a great question and it actually ties into some of the business decisions we've made.
[00:11:33] So up until about two years ago we had, we still have but our main product was called Journey Live
[00:11:39] and it was a digital proactive mental health solution and it complemented EAPs and as you
[00:11:44] talked about before EAPs very traditional most people don't use them they're reactive etc
[00:11:50] and in that case we had to have as you said Ryan believers who would say we care about
[00:11:56] proactive mental health and we're going to buy this to complement our EAP and that happened a lot
[00:12:00] during the pandemic and then after the pandemic you know priority shifted companies were laying
[00:12:05] off people there was the Dobs case so a lot of companies were concerned about you know and right
[00:12:10] fully so providing more support there and so the idea of proactive mental health became
[00:12:15] yeah it's important of course but it's not number one. So then we said well why don't we
[00:12:19] go to where the budget already is so we took everything that we were doing and combined it
[00:12:23] with exceptional clinical care great crisis response etc and we launched this product this
[00:12:28] first of its kind product called Journey proactive EAP because if you're going to have an EAP
[00:12:33] you may as well have a green one right instead of this being a check the box benefit so then it
[00:12:38] went from I have to be a believer of this to well I have one and I have one that sucks
[00:12:45] why don't I have one that's actually awesome one's going to really help people and change
[00:12:48] the culture and support me as an HR leader etc but there is so that I think answers your question
[00:12:54] but there isn't another thread in there which is around the language that HR speaks versus the
[00:13:00] language that executives at their company speak and how to bridge the gap because HR they
[00:13:06] understand right they're they're they're chosen career path is in supporting people
[00:13:11] right and so they understand how important it is to provide mental health support and
[00:13:16] they're the ones that get the calls when something goes wrong so they know what that's like
[00:13:20] the executives the CFO that's not their world they're doing a million other things right so even if
[00:13:25] they're a really warm hearted person and intellectually they understand it they're just
[00:13:29] not close to it and so while HR might be talking about this is the right thing to do
[00:13:33] we need to make the case to the executives or help them make the case this is going to reduce
[00:13:37] your health care spend this is going to reduce turnover this is going to reduce you know
[00:13:41] etc right this is a different conversation exactly yeah so William this this this
[00:13:47] reminds me of a conversation we just had recently with a woman who they she does executive coaching
[00:13:52] Steven and it's almost as if she plays I mean she's probably she probably won't like the
[00:13:59] analogy here but executive coach slash therapist to the executive is kind of how
[00:14:05] Allie kind of took that and it's almost as if an executive who's going through that and
[00:14:11] the company supports that we're said a company sponsors or coaches for their executive team to
[00:14:15] help them along the path I feel as if that is in the company already the leadership's already
[00:14:22] experiencing that they'd be more open to something like this it's like they've signed off on that
[00:14:27] like your high potential is your high performers your executives it makes logical sense that
[00:14:34] you'd like to bounce ideas off of somebody else and maybe see around the corner or see
[00:14:39] things that you can't see and the way that you're talking Steven is this it's similar in the same
[00:14:47] vein at least as mental health having someone that guides you through and and if for no other
[00:14:54] reason than just increased morale and productivity and lost less lost days at work and things like
[00:15:01] that it makes financial sense exactly yeah I mean I don't need to convince most HR people
[00:15:08] yeah this is the right thing to do and nor do I want them to try to convince the CFO that it's
[00:15:12] the right thing to do there are certain cultures that obviously do that but most of those have
[00:15:17] already taken action on this this isn't a new problem right I wanted to say it actually affects
[00:15:22] our bottom line if the first line of defense is a reactive program where people have spent
[00:15:28] eight weeks spiraling and then they call and it takes them six more weeks to get care
[00:15:32] that's really bad for business in every way so that's the case
[00:15:38] well why don't we go back let's do a high school college wherever we want to go
[00:15:42] what did you want to be when you grew up what was the kind of the dream of sorts
[00:15:47] so if we go back a little further I wanted to be a baseball player but I I lack both the
[00:15:52] the talent and the dedication to get there but I was always entrepreneurial so like in summer
[00:15:59] camp I was selling sodas to the kids or I started a business called Steve snow removal
[00:16:05] where basically I passed out flyers in my community and I hired the other kids to
[00:16:11] go and shovel the snow and you know I was still shoveling snow also but my mom would
[00:16:15] answer the phone and we'd send people out so I was always like hustling I grew up in Queens
[00:16:19] in the 80s and 90s it was a very like hustle kind of culture
[00:16:23] um I see you took that to a different level oh yeah I mean I shoveled snow for money
[00:16:29] you had your mom answering phone calls I didn't have a crew dispatching your boys
[00:16:34] that's money yeah hey johnny time to go shovel yeah well they were happy to get make money anyhow
[00:16:41] he was just the the sales front that got the business so it makes sense and and the truth is if
[00:16:48] you consolidate uh the the supply right you're able to charge higher prices so um you know in in
[00:16:55] some ways I never thought of it this way but having all the kids working together meant we could
[00:16:59] charge people more than if we were trying to do it on our own so that's right um it's called
[00:17:03] collusion now but yeah don't worry about it yeah the f tc is going to try to break up the uh
[00:17:09] the you know exactly hopefully you pay taxes because they're coming back at you yeah yeah
[00:17:13] so so what after what after that yeah so it was always like doing random random things in in high
[00:17:19] school and college when I was in college I went to NYU started throwing parties with a couple buddies
[00:17:24] turned that into a company ended up producing hip hop concerts um worked in so did actually quite
[00:17:30] quite large ones um produced a bunch of concerts in Puerto Rico with uh M&M and 50 cent and
[00:17:36] ludicrous and the Bahamas and a bunch of other stuff and um that was not my path I was
[00:17:41] a good friend of mine he ended up you know going and building that it took quite a nice
[00:17:45] business part of uh fire what was that called firefest firefist was that you or did we have
[00:17:50] like this because I was long retired when firefest came there's actually a second one
[00:17:56] that there's a there's a guy behind it that's actually trying to get it done yeah same guy
[00:18:01] I think it is a lot of money yeah he will yeah all the attention of the first one
[00:18:07] now who have the enough eyeballs near balls and all that other stuff to get people to then go to it
[00:18:13] so it's I think it's fryfest right firefire if I are yeah um so this was not that did you
[00:18:23] did you meet some of the uh did yeah yeah I um had a good conversation with M&M 50 cent and I
[00:18:28] played basketball together because basically it was it was part of this thing called mix show
[00:18:32] power summit which was a big weekend where all the radio DJs from around the US get flown in by
[00:18:38] record labels and then the record labels fly in their new artists to perform to do these like
[00:18:42] listening sessions but at night they do these big concerts so it's one big concert every night so
[00:18:48] one was like Wyclef and Alicia Keys and Busta Times and yeah so we we organized that and so
[00:18:54] yeah spent spent a lot of time there but this is keep in mind like I'm dating myself this is
[00:18:58] like 2002 2000 yeah yeah but M&M was is the hottest and 50 cent they're the hottest people on the planet
[00:19:07] so I mean at that time yeah this was before 50 cents album had dropped and we were talking about
[00:19:13] because he had like the hottest song in New York but in his his big big song hadn't come out
[00:19:17] he's just wait for the next one just wait and so yeah I want to answer a question about
[00:19:25] any any of those people that you met that you kind of they let you down like
[00:19:32] and I'll ask the opposite of somebody that you met like oh my god they were so awesome
[00:19:37] like I met uh coach K yeah and uh I didn't have a great experience and it's nothing
[00:19:45] no it's nothing about him but I met him at a national championship and Duke had already been
[00:19:50] eliminated and I went to Arizona for my master's degree and so I met him like in the hallway you
[00:19:57] know just kind of going from one to the next and I'm like and I was with my brother and we're like
[00:20:02] hey coach K he's like no autographs we're like I could have been looking at you and they're like oh
[00:20:09] I didn't want I didn't want an autograph I was just saying hello just wanted to shake your hand
[00:20:16] it's like from that time forward I'm like okay like I mean I'm sure it was just a moment in time
[00:20:22] and he's a great guy but I mean isn't it shattered my idea of who he was shattered well you know what
[00:20:30] they they say right never meet your heroes never meet sure yeah that's a thing yeah I'll be honest
[00:20:35] like most of these guys like the ones I remember were all like super nice quiet I met Kanye before
[00:20:40] he was Kanye like he was already he was in the car accident he was doing beats but he hadn't put out
[00:20:46] his own stuff yet and I got introduced to him one night and like took him around and he was like
[00:20:50] super polite and kind I mean before the whole probably didn't know I was Jewish you know but
[00:20:56] this is before that whole thing came about for him oh yeah no people people were actually quite
[00:21:02] like nice and normal and pretty down to earth surprisingly so far we've got
[00:21:09] hustling your friends out the shovel yes throwing parties turned it into a business which that's
[00:21:17] better than me because I threw the parties in college I thought the parties were going to lead
[00:21:20] to gambling setting up gambling facilities that's next okay that's where I thought when he first
[00:21:27] said that I'm like he's doing DJing and he's going down the path of setting up his own
[00:21:34] his own book so that people can go and gamble which you know I no judgment I would actually
[00:21:41] I'd like to do that he's thinking about it now he's not a bad idea you missed that opportunity
[00:21:47] I mean I threw the parties I never turned it into a business other than getting paid to DJ
[00:21:51] but I've never I mean you took it to the next level so what was next how do we how do we
[00:21:56] continue so I was when I graduated this is 2001 I ended up working for a company called
[00:22:01] the award group and basically we run by two older gentlemen and it was a company that helped
[00:22:06] organizations celebrate and inspire their employees and small company of 20 25 people and I joined to
[00:22:12] run their nonprofit division so basically to help nonprofits recognize their donors
[00:22:19] and hopefully raise more money so like very much aligned with like my heart like I wanted to do
[00:22:23] something that mattered and I love the business I graduated from Stern I went to the business
[00:22:27] school there undergrad and so I like the idea of like I'm going to build a business
[00:22:31] and I'm going to do something that matters so I was doing that simultaneously I was actually
[00:22:35] bartending with a buddy of mine at one of our friends bar so I was doing that every Saturday
[00:22:40] night and that was a lot of fun I was kind of you know just just grinding like I was
[00:22:45] doing building the business by day hanging out partying by night young and single and in New
[00:22:50] York and along the way I ended up starting a different department within that company
[00:22:57] so basically I don't know if either of you know this but there's these really random niche things
[00:23:01] called deal toys or tombstones or loosites what if I told you that there's a solution to streamline
[00:23:08] your hiring process by matching quality candidates to your jobs allows you to customize your messaging
[00:23:14] provide you with AI powered candidate summaries oh and wait a minute it's sitting on more than
[00:23:21] 300 million candidate profiles you welcome check out indeed smart sourcing at indeed.com
[00:23:28] or google indeed smart sourcing that investment banks give to their clients when they lose a deal
[00:23:35] yeah yeah so basically my friends all went into investment banking and they came to me and said
[00:23:41] hey you're doing like awards can you make like one of these things so I was like sure yeah why not
[00:23:46] these are the glass these are the glass things that that sit on the desk and it's it's got the
[00:23:52] acquisition or whatever the bid is the tombstone but it's a I would say paperweight it's actually an
[00:23:58] award it's it's an award and if you want to do that investment banking culture especially back then
[00:24:03] you know the bigger the better the more elaborate 100 percent 100 percent we did really well right
[00:24:09] like the market was right and that department took off much faster than the the non-profit one
[00:24:14] and so fast forward to 2006 I actually I'm kind of telling the stories in parallel so bear with me
[00:24:23] actually decided I wanted to buy a bar so a buddy a buddy of mine and I actually bought a bar on
[00:24:28] LaGuardia and Bleecker we redid everything the name the logo this that it's now it's now a
[00:24:34] bear burger by the way but we had a great run we took over the last two years of a 10-year lease
[00:24:41] NYU was the leaseholder they wanted like proper restaurant they didn't want like a college bar
[00:24:45] you know post college bar did that while simultaneously working at this company so I was at this
[00:24:51] company the award group I had this department that I was running technically I was running a few
[00:24:55] departments but this was like my baby I ended up purchasing it in a management buyout so that
[00:25:01] was October 2007 peak of the stock market now nobody knew it yeah well some people did but
[00:25:07] they were way smarter than really we've seen the movie yeah we had a bunch of good months and then
[00:25:14] the market gave out and of course if you remember the the financial crisis there were no deals
[00:25:19] happening every bank was going into business and we had this crazy non-compete with my my previous
[00:25:25] bosses because of the fact that like I didn't have the money to buy that department so they
[00:25:29] had to lend me all this money so they were like yeah you can you could take the company
[00:25:32] but you can't go outside of this very tight box of investment banking right so what did we do we cut
[00:25:38] costs really quickly I had to cut my salary to next to nothing like everything kind of came to a crash
[00:25:43] and halt however we read the market different than our competitors so a lot of folks in this space
[00:25:49] had been in it for a long time and they had thought they had seen things like this before
[00:25:54] oh it'll you know slow down about not holy shit you know the wheels are falling off the
[00:25:58] bus right well we ended up being positioned really well because we cut costs so quickly
[00:26:04] and then we ended up consolidating the industry so we rolled up the second third and fourth largest
[00:26:08] companies in the space small companies you know five ten million in revenue right along with a few
[00:26:13] independence and then when the market came back a few years later we ended up opening offices in
[00:26:18] London Sydney Hong Kong Montreal and Taiwan capturing the financial markets the different
[00:26:24] financial markets around the world exactly exactly a working with you know UBS and Goldman
[00:26:28] and Bank of America in Hong Kong in Singapore entering high etc oh that's cool yeah so I can
[00:26:35] pause there I can I can keep rolling yeah well you just kind of glossed over that you uh you
[00:26:41] graduated from Stern for the audience Stern's business school at NYU is like one of the best
[00:26:46] business schools in the country so he just kind of ran through it really quickly I just want to
[00:26:52] make sure the audience has the edification of like it's a humble humble not it is a humble thing
[00:26:58] he kind of just went through it really quickly um how was how was owning a bar uh really fun
[00:27:06] and um we had a partner who was the sort of operator who was not the most honest um and
[00:27:14] that's hard in a cash business when people are young and they're drinking yours young men
[00:27:19] women around and so financially it didn't work the way we wanted to like we were we were massively
[00:27:25] successful in terms of bringing in people because we had been doing that at our friends bars we're
[00:27:28] like right which is bringing them all over here um so we didn't make TLDR we didn't make any money
[00:27:32] but we had a hell of a lot of fun yeah yeah I can see that so this was like almost a bar rescue
[00:27:38] episode yeah exactly yeah yeah I've always it always and I know it's scripted I I know it's
[00:27:45] TV but the amount of people that get into bars at scale with zero experience just blows my mind
[00:27:54] blows my mind same thing with restaurants I'm in a restaurant yeah I was gonna say the same thing
[00:27:59] you see restaurants popping up I mean where I am in the west village all the time they pop up
[00:28:03] another one closes I mean it's a dream right you want to cook for people you want to create
[00:28:07] an impairment you want people to drink and break bread it's very human but the business part of
[00:28:11] it is is really challenging yeah it's yeah you've got to have somebody a partner like y'all did
[00:28:17] unfortunately that person wasn't a great partner in that way but you got to have a partner that just
[00:28:22] isn't the partier he's not here she is not doing that they're they're managing the peas and
[00:28:29] queues and scheduling and making orders come in and keeping costs down they you almost need
[00:28:35] a dork if you will that runs the business so that the other part of the business can be great
[00:28:42] yeah so Stephen up until this point let's take a pause here up until this point you've seemed to
[00:28:51] vingle up up up up all success how is your mental health yeah no we ever gotten there yet where
[00:29:00] so you came out of school on fire where where does that drive come from where's that motivation
[00:29:06] where do you find in that drive well I actually came out of school and didn't get a job immediately
[00:29:12] I had like a random finance job or I was I had actually moved home and was living in Queens
[00:29:18] I was very heavy so I lost 85 pounds back then people always asked if it's tied to my mental
[00:29:26] health practice yeah you know I was I was very very heavy and just wasn't in a great place back then
[00:29:33] but growing up I grew up in a town called Douglas then which for those people that know Queens are
[00:29:39] like oh that's Long Island well no it's not it's it's Queens right it's on the border
[00:29:43] when I went to school I went to school in Queens like my high school had 4,500 kids when I
[00:29:49] went to camp I went the other way to a fancy rich camp because my mom worked there my mom
[00:29:53] like literally drove the school but the camp bus and I was like the bus counselor and so I grew up
[00:29:59] close to but not having money right like everyone in my family was very wealthy except my actual
[00:30:06] family like my love that yeah yeah no yeah it's like we go to my uncle's house for the holidays
[00:30:13] and would be amazing because it would be beautiful and then we go back to my house and like
[00:30:16] my dad was always in and out of work my mom was a school teacher like yeah sometimes the
[00:30:20] electricity would go out because we hadn't paid the bills like it was like you know not ideal right
[00:30:26] right um and so I just kind of wanted to have a better life like I saw that and again part of it
[00:30:33] was the culture right it was like the the 90s and you know biggie and puffy and this and that
[00:30:38] and like oh yeah around entrepreneurs and the business part being around the societal part in
[00:30:43] Queens and also seeing that but one interesting thing that I learned really early on and this is
[00:30:50] like fascinating given what I do now is that the rich people weren't any happier than the
[00:30:56] my middle class friends in Queens in Middle Village right like so that was kind of like a
[00:31:00] that's kind of weird money doesn't buy happiness yeah yeah it's a it's a it's ironic it gives you
[00:31:07] a piece of mind but it doesn't buy the happiness I think you know like I've thought about this
[00:31:13] with like people that come into a lot of money fast whatever that whatever that may be
[00:31:17] and uh they don't know what to do with it let's say you've just never had money and all of a sudden
[00:31:24] someone dies and all of a sudden now you've got 10 million dollars I've seen so many people with
[00:31:29] this in my life that they just blow it because they never had money so they didn't know what to
[00:31:36] do with the money and so like going to a financial manager or like the wealth management or anything
[00:31:42] I'm gonna go buy a truck like like people doing and it's because that was what they grew up with
[00:31:49] they didn't they didn't have money and they got they got money and then they just went through it
[00:31:53] burned through it to take it to another another extreme there's a there's a story um I think
[00:31:59] it's in a Sebastian Younger book but I'm forgetting but it's basically about a person
[00:32:03] goes and lives with an indigenous tribe and the the tribe has you know really high
[00:32:07] bouts of you know awful disease and things like that and you know a life that we would look at
[00:32:13] and say oh that's really challenging these people are extremely happy and he asks and like how are
[00:32:18] you with in spite all these things and he's like well we belong we belong to the land belong
[00:32:22] to each other we belong you know and in our lives we tend to be living these separate lives and
[00:32:28] we make a lot of money I mean some people right hopefully um if that's if that's your
[00:32:33] aspiration and then you end up like is this it like I did all this and that's it no yeah so there's
[00:32:40] there's story about red cloud that uh in the late 1800s there was a back east there was a bunch of
[00:32:46] people that mostly women that wanted to raise money for the Indians so they would raise money
[00:32:52] and they would buy all this stuff you know lamps and paintings and just all those beds and all
[00:32:59] this stuff and it took train ride out met red cloud and he's with the tribe super humble
[00:33:05] and they give them all this stuff and so then they leave because you know they thought they
[00:33:11] had done something really really cool for red cloud and uh in the tribe and then they come back in a
[00:33:16] year and red clouds like in a you know a shanty of a of a hut and all he doesn't have any of
[00:33:23] the stuff that they gave him and they're like uh you know what's up like we gave you all the stuff
[00:33:30] because you're you're you're a chief because i'm a chief because I don't have stuff that's the
[00:33:36] the reason i'm a chief is I give other people things not because I have things the peace
[00:33:41] comes from not having those things and helping others and it's like they didn't get it so they
[00:33:46] didn't come back next year they didn't get it but it's just a kind of to your point it's just
[00:33:52] a kind of a different way of looking at happiness right and fulfillment which I think is along the
[00:33:59] way somewhere in the mix on mental health so what did you do what did you do next what was your next
[00:34:04] step so took that company built it for a number of years and when I say a number of years
[00:34:10] I spent five years working at the award group that I purchased the division then I you know
[00:34:16] like put every all the different companies together had to figure out the culture how to
[00:34:20] make it you know these were competitors right how to make it sing and gel and then we did the
[00:34:25] international expansion so here's where the mental health part comes in we'd open these
[00:34:29] offices and there wasn't a logical person to go to Sydney and I kind of said it like
[00:34:33] just kind of saying it not really thinking man I was like fuck it I'll go and then I was like
[00:34:38] actually maybe that does make sense so coincidentally it was the winter here in the summer there
[00:34:45] but it was yeah bond I bond I beach here I come lived in Bondi but it allowed like the managers
[00:34:53] who had been there for a long time to kind of step up even more because I was I was gone right I
[00:34:58] was you know 12 13 14 hours away but I didn't realize how good it would be for my mental
[00:35:04] health I wasn't thinking about that at all I was thinking is let's go open an office in Sydney
[00:35:08] and it's sunny there and I'll go for a month and I'll come back and then month became two and then
[00:35:12] three and then after six months I was like okay this is a bit it was like actually have a full
[00:35:16] company and this is being working in an office I'm surfing every day plus oh by the way the
[00:35:23] women in that part of Australia are gorgeous so it was really nice for a lot of reasons yeah
[00:35:30] and then coincidentally serendipitously I stumbled upon a book on Buddhism so I found this
[00:35:38] book and it really spoke to me and if you ask me the title of it I'll tell you because it's funny
[00:35:44] what's the title yeah yeah well this is the thing right like I feel like that was a cue to ask
[00:35:50] it was it was a cue to ask because 100 when I when I tell the story people are always expecting
[00:35:54] it to be like this ancient text like I don't like Indiana Jones it's Buddhism for dummies
[00:36:00] Buddhism for busy people there you go
[00:36:05] yeah actually I can see that I mean I haven't read the book or but I can see that because
[00:36:11] breaking things down and making it bite-sized so that people can come in and get a chapter
[00:36:17] learn instead of trying to read the whole text and understand everything I can see that yeah it
[00:36:22] it was about a guy married guy who like sound Buddhism and it really changed his life and so for me the
[00:36:27] meditation part was really help and one thing that I'll tell people is like the difference
[00:36:33] for me in my life between being heavy like 85 pounds overweight and now is not as significant
[00:36:40] as it was before I meditated and once I was meditating like that change was even more significant
[00:36:45] than losing almost 100 pounds so that's how profound it was for me were you were you
[00:36:51] practicing as you grew up were you practicing like did you all did y'all go to temple and things
[00:36:55] like that because we were questions more about prayer we were traditional jewish new yorker
[00:37:04] i'm traditional catholic ish so i'm familiar with this concept i like yeah you go like you know
[00:37:09] two three times a year yeah a holiday is because it's a family but yeah i think i think at that
[00:37:17] point i'm in a different place now actually but i think at that point i just not like really
[00:37:21] believing in god or anything like that right um nor nor am i buddhist like that's not my jam
[00:37:26] but what i found was there was actually like really practical lessons in there around suffering and
[00:37:32] peace of mind and there's a path and there's a way and so because it was it was intellectual it
[00:37:38] wasn't like the stuff i learned growing up which was like you can't eat cheeseburgers by the way
[00:37:42] i had cheeseburgers last night you can't you like can't we didn't follow any of it so it was
[00:37:46] like well this is not helpful so it was not religious at all for me it was really just
[00:37:51] this is a guide to live life but the meditation was the like interactive part right the part
[00:37:57] where it came to life for me i love who are your mentors as you're coming up uh not not
[00:38:02] necessarily personal or it could be personal your choice yeah who are your mentors as you're
[00:38:07] going through this journey and building and now i'm assuming about to get into journey itself
[00:38:12] uh there's another step or two along the way but yeah go ahead yeah so it's a wide range you know
[00:38:18] when you first started the question i immediately thought of my uncle who i mentioned before that's
[00:38:22] my mom's brother who um in many ways was was like a father figure to me um and what he had built as
[00:38:29] a as a business owner um was really um impressive to me so growing up you know being able to
[00:38:34] i don't want to say see that but but see his success was was was nice um as i got older
[00:38:39] it became all the kind of traditional CEOs that you would you would look towards you know like the
[00:38:44] jack welches right now obviously i'm dating myself um of of the time but then when i started to get
[00:38:51] into meditation it was people like jack cornfield who like i went in a retreat and was like more
[00:38:56] of a fanboy there than when i met you know all those rappers that we talked about before
[00:38:59] um because of the way he like moves through the world is like very aspirational for me like
[00:39:05] i want to be really equanimous like where i'm not getting upset about work things or things with my
[00:39:10] wife i want to be really patient i want like those qualities that like i didn't grow up with i mean we
[00:39:16] all have them right but like that wasn't what i nurtured i nurtured my my hustle or my ability
[00:39:21] to communicate or my but like some of those things those i don't know if they're deeper qualities
[00:39:26] but like different qualities let's call them um those are the people who really inspired me
[00:39:31] who are you going through while you're going through this process how did you change as a leader
[00:39:37] and as a manager of talent of people i had to really good question i think everything just slowed down
[00:39:44] a little bit right um you know there was a line that i had read in seven habits of highly
[00:39:49] effective people probably a decade before that which was you want to be efficient with things
[00:39:55] and effective with people right so if it's a thing i want to move through quickly it's a person
[00:39:59] i want to be effective but i never really like got it right but then i started to just like
[00:40:06] slow down i don't want to say calm down because that's like that's has the role
[00:40:10] feeling to it but just like where i could be with you and be more present
[00:40:13] and not have to like rush on to the next thing um but it's still i mean here we are you know
[00:40:19] i started journey February 10 years i was meditating for a bunch of years before that
[00:40:24] it's still a challenge like it's still very ingrained in the you know go go go let's do things
[00:40:29] but it it helped as a leader a lot and i will say one other thing when i started the company
[00:40:35] i was very concerned that if i started a company around this thing that was like
[00:40:38] deeply personal to me it would kind of ruin it like if i was like a long suffering Mets fan
[00:40:44] like if i went to read a you would take away the joy of pills yeah yeah well it's better
[00:40:52] as i say is this a Mets jets Nets thing like are you all all in on all of them or did you just
[00:40:58] met and Mets giants nicks and rangers i don't know if that's better
[00:41:04] go birds so but long suffering Mets fan i totally understand so i get it i mentioned this because
[00:41:12] i thought that starting a meditation company obviously now mental health company would take
[00:41:16] away some of my joy but what it actually did going back to your leadership question
[00:41:20] is it made me raise the bar for how i showed up in the world because if you're running a mental
[00:41:26] health company you probably want to or if a meditation company want to show up and have
[00:41:32] a culture that's different than if you're working in finance or working in energy trading or working
[00:41:37] in you know and the people who gravitate to that also have a higher bar for what they're
[00:41:42] looking for so that was a big step of like okay i actually have to elevate in how i'm showing
[00:41:48] is that difficult to do uh
[00:41:52] now it wasn't then um it's difficult to be consistent with it yeah you know it's like
[00:41:58] intentionality the intentionality is for me sorry is that's the hard part is being intentional
[00:42:06] not letting my natural reactions take over and like said calming uh slowing myself down because
[00:42:14] i make decisions really fast and that's great and not great simultaneously so i find that focusing
[00:42:23] on intentionality is actually helped me slow down yeah i think i agree with that completely i think
[00:42:29] the part that's hard for me is uh and i don't know if either of you guys are married but um yeah
[00:42:36] it's like one of those things where it's like you you react to something in real time
[00:42:40] and then you're like oh i didn't really handle that well and maybe maybe you remember maybe you
[00:42:45] don't maybe you clear it maybe it wasn't even a thing for you but if you're married out you'll
[00:42:49] appreciate this right four years later you're like remember that tuesday when you said that thing
[00:42:54] you're like wait what like yesterday yesterday no no no four years ago tuesday he said i spent
[00:42:59] too much money on scotch right so it's like people remember on a serious note people
[00:43:05] remember things right they yeah so it's the consistency part like it's not when you when
[00:43:11] the three of us are sitting and talking about it it's on the field you know in the arena those
[00:43:17] times to actually still show up the way i want to that's where it's hard where did you uh where
[00:43:22] did you meet your wife or what at what point in the journey did you meet your wife uh not that
[00:43:27] long though we we got introduced when i was 40 i'm 45 now or five or 46 um so yeah we got
[00:43:35] introduced and we just hit it off right away i think both of us were at the right stage and
[00:43:39] right yeah it was it was it was kind of perfect that's cool okay okay so you were set up like
[00:43:46] there was some i was some family members involved or thank god no i was at the gym not that not
[00:43:54] that they didn't try i was at the gym in my we still live in and i got a text from a woman
[00:43:58] i had gone on a date with legit like six years ago and she's like hey steven it's uh rachel
[00:44:04] i'm like oh hey michelle how are you she's like are you still single i was like uh yeah why
[00:44:09] depends on zasci i asked you didn't you didn't keep the baby didn't you
[00:44:14] have somebody i want to set you up with and then i got a long explanation of who she was
[00:44:22] she's german and she's an actor and she's smart and i was like okay that's fine okay last text
[00:44:29] and she's very pretty i'm like now we're talking okay yeah you buried the lead you buried the lead
[00:44:35] yeah well the truth the truth is the truth is at this point in my life i was 40 i was getting set up a
[00:44:40] lot and i was in this business and i was like okay and then we met and literally from the second
[00:44:47] we met it was just just perfect chemistry and we just had a baby was you know she obviously
[00:44:53] was the most heavy lifting on that um but we have a 10-year-old son now so yeah i feel very very
[00:45:01] grateful and that's also like honestly that's that's part of where the mental health stuff helps me
[00:45:05] so much is like to be really present for her to be really grateful to really be able to like
[00:45:10] appreciate not like oh i have to dot dot dot like i have to change the diaper i have it's
[00:45:16] like i get to do this like how many people have that joy so yeah helps me there a lot
[00:45:21] i don't understand parents especially men that have to be changed that don't change diapers like
[00:45:27] like my brother uh god love him he didn't change any of diapers for both his kids
[00:45:33] just like that was his bit like yeah not gonna do that and i was part of this is part of the uh
[00:45:38] yeah you signed up for that yeah it's not even a thing like they're like waking up in the middle
[00:45:44] of the night which thankfully my wife covers because i i have to you know work during the day um she
[00:45:50] covers that part that's much worse than like cleaning the diapers it's fine yeah yeah yeah it's
[00:45:55] always gotten me it is maybe off top definitely off topic where when i hear a lot of fathers that i
[00:46:02] know those things i have to babysit or have to watch the kid have to like well you're not babysitting
[00:46:07] you're kind of just being a father right like i'm sure i've said that along the way but it's
[00:46:14] really like it's just one of those things that's always kind of gotten to me like you signed up
[00:46:19] for this bit you know you remember the thing that you did and so yeah this is this is a part of it
[00:46:25] steven if you could give uh last question for me if you could give any advice to your younger self
[00:46:33] back it's back it started let's go let's go there it would probably be be kinder um so be kinder
[00:46:41] to myself be kinder to others um just i think that that's something that i look back on and like
[00:46:48] the idea of regret is a like i don't love that because that has like a weird feeling
[00:46:52] but there's definitely things that like i could do differently business decisions you know how
[00:46:56] it was invested in apple or i don't know media or something so like yeah i don't regret it but
[00:47:02] like i would change it if i could and like i just wish i was like a little bit nicer to myself
[00:47:07] and probably nicer to other people that's what i'd go with yeah i love it let's let's uh
[00:47:13] one more question for me and a similar question but i want to reverse that i like to ask
[00:47:19] what does younger steven tell ten-year-old steven tell 46 year old steven to remember or to
[00:47:29] think about as he's doing what he's doing he'd probably say i'm proud of you
[00:47:35] he'd probably he'd probably say you know hey you did you did pretty good yeah um
[00:47:41] you know i think one of my favorite pieces of advice is know thyself um and i think that like
[00:47:46] that's that's a real that's a real challenge that's where the the meditation really helps me today
[00:47:51] like it's my daily practice did it before this um to just like calm the mind calm my mind so i
[00:47:56] can actually like see what's important to me make sure i'm acting in alignment with what i want
[00:48:01] in the world because i found i was doing all this dumb shit that didn't actually serve anything
[00:48:04] i wanted to do but it was like that's what i do like and that's pretty normal i think a lot
[00:48:08] of us yeah so yeah i think i think my my ten-year-old self i don't know if he'd have advice per se
[00:48:16] um we do we do this thing in my in my actual therapy um with my therapist where he's like
[00:48:22] what would you now tell your ten-year-old self right like could my parents got divorced that
[00:48:27] was pretty tumultuous when i was 18 father disowned my brother and i like there's a whole
[00:48:31] bunch of stuff that we just didn't cover today um but yeah i think my older self would
[00:48:37] tell my younger self like it'll be okay you'll be all right you'll be all right you just gotta get
[00:48:42] through it you'll be all right steve this is absolutely fantastic thank you so much for carving
[00:48:47] out time for us and our audience it's just been a great show so thank you this was a lot of fun
[00:48:52] i appreciate you guys no worries no worries thanks everyone for listening watching and we'll see you
[00:48:57] next time