Redefining success, money, and belonging | Paul Millerd (The Pathless Path)

Nov 19, 2023 Episode Page ↗
Overview

Guest Paul Millard, author of "The Pathless Path," discusses breaking free from the "default path" of work and life. He shares tactical advice on creating space for self-discovery, taming fears, and exploring unconventional career paths to find work that truly brings you alive.

At a Glance
16 Insights
1h 4m Duration
17 Topics
4 Concepts

Deep Dive Analysis

Introduction to Paul Millerd and 'The Pathless Path'

Defining the 'Default Path' in career and life

Identifying signs of being on the default path

The idea of 'remixing your path' for flexibility

Understanding the 'Pathless Path' and embracing uncertainty

Real-world examples of pathless paths

Challenges of finding sustained meaning in traditional jobs

The compelling case for a three-month sabbatical

Self-discovery tactics beyond sabbaticals

Navigating income variability in self-employment

Financial strategies for transitioning out of a job

Reframing money as an investment in personal growth

The power of betting on yourself and taking risks

The 'Ship, Quit, and Learn' framework for experimentation

Embracing constant reinvention as part of the pathless path

Addressing common criticisms of the pathless path

Practical first steps to begin your pathless journey

Default Path

The societal script or story in one's head about what they 'should' do, often involving traditional milestones like college, a good job, salary, house, marriage, and continuous work for adulthood. It represents an unconscious acceptance of a pre-defined trajectory.

Pathless Path

A shift away from the default path, embracing discomfort and uncertainty rather than viewing them as problems. It's a personal journey of operating from a sense of abundance, having faith that things might be okay, and designing one's life around work they genuinely enjoy.

Work Mindfulness

An exercise involving taking time off during a workday to engage in activities from childhood or a walk without a destination, paying attention to emerging feelings about work, its definition, and personal connection to it. It helps individuals reconnect with themselves and what brings them alive.

Fear Setting

A framework, inspired by Tim Ferriss, that involves writing down one's fears, how to mitigate them, and critically, the costs of inaction. This process helps expose the hidden costs of one's current state and enables quicker, more informed decision-making.

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What is the 'default path' in life and work?

It's the societal script or story in your head about what you 'should' do, often involving traditional milestones like college, a good job, buying a house, and working continuously throughout adulthood.

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How can you tell if you're on the default path, even if you feel you're not?

A key sign is if you're not conscious about your choices, the costs, and trade-offs of your current path, or if you've created implicit contracts for yourself (e.g., needing to work 8-10 hours Monday-Friday) without actively opting into them.

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What is the 'pathless path'?

It's a shift away from the default, embracing uncertainty and discomfort, and moving from a mindset of scarcity to one of abundance and faith that things will be okay, ultimately designing your life around work you genuinely enjoy.

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Why is it hard to find sustained meaning in traditional career paths?

Meaning can be found in short bursts, but after several years, a job-shaped container may no longer provide the same sense of aliveness or purpose, leading to frustration.

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Why should someone consider taking a three-month sabbatical?

A three-month sabbatical allows sufficient time to unwind (typically 6-8 weeks) and reconnect with oneself, explore new interests, and see what emerges, which is vital for those who have worked for 10+ years.

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How can one afford to take time off to explore a new path?

Strategies include moving abroad to lower costs, selling a house to live in an RV, dipping into retirement savings, applying for grants or loans, or converting a current full-time job into a contract role with fewer hours.

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How can reframing thoughts about money help in pursuing an unconventional path?

By viewing money spent during exploration as an investment in a 'life MBA' rather than a loss, individuals can feel more comfortable and less judged, similar to how business school tuition is perceived.

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How can one deal with the fear of not making money or being unsuccessful on a new path?

People are often more creative and ingenious when faced with no income, spurring them into action. Also, focusing on the cost of inaction and accepting that some fears may not disappear but can be managed daily helps.

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How can one 'dip their toes in' before fully committing to a new path?

Start by reading personal development books, experimenting with small side projects (like coaching, writing, volunteering), or tinkering with interests online, paying attention to what activities provide energy and confidence.

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What is a 'boomer compatible story' for an unconventional path?

It's a simple, easily understandable explanation for what you're doing, such as 'I'm an entrepreneur' or 'I'm a business owner,' that resonates with older generations who might otherwise be critical or confused by less traditional descriptions.

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What is the 'Lindy effect'?

The Lindy effect suggests that the future life expectancy of some non-perishable things, like a career path, is proportional to their current age, meaning if something has lasted a long time, it's likely to last longer.

1. Take a Workday “Sneak Out”

Block off three hours during a workday to go for a walk without a destination or engage in a childhood hobby. This helps you practice work mindfulness, understand your feelings about work, and reconnect with what brings you alive.

2. Plan a Three-Month Sabbatical

Consider taking a three-month sabbatical, as companies are increasingly open to this to retain talent. This duration is vital for creating space, unwinding (which takes 6-8 weeks), and exploring new possibilities to reconnect with yourself.

3. Invest in a “Life MBA”

Reframe the money and time spent on exploring new paths as an investment in a “life MBA.” This perspective helps to counter self-judgment and external criticism, similar to how people view the cost of business school as a valuable investment.

4. Define Your “Exploration Runway”

Set a budget for your time off, viewing it as a calculated amount of money you’re willing to spend with the expectation that it will lead to valuable discoveries. This approach helps you feel more comfortable and committed to the exploration period.

5. Transition to a Contract Role

Explore converting your current full-time job into a contract position, potentially working fewer days a week. Many employers are open to this for known employees, offering more flexibility and control over your work environment.

6. Track Your Energy Levels

Pay close attention to activities that energize you versus those that drain your energy, whether it’s calls, hobbies, or creative work. The strategy is to consciously do more of what energizes you and less of what de-energizes you to guide your path.

7. Practice Fear Setting

Utilize Tim Ferriss’s fear-setting exercise by writing down your fears, how you could mitigate them, and, crucially, the costs of inaction. This process helps expose hidden costs of your current situation and empowers you to take decisive action.

8. Acknowledge Persistent Fears

When facing existential fears (e.g., about money, health, or significance), acknowledge them as ongoing parts of your journey rather than trying to eliminate them. Develop a mindset of having a conversation with your fears and continuing forward despite their presence.

9. Adopt “Ship, Quit, Learn”

Embrace a framework of quickly shipping something with the intention to quit it, using the experience to learn and inform your next steps. This encourages experimentation without long-term commitment, allowing for rapid discovery of what works.

10. Avoid Unenjoyable “Self-Jobs”

Be vigilant about not creating new work for yourself that you don’t genuinely enjoy, even if it seems like an opportunity. The purpose of the pathless path is to find work you love, and taking on unenjoyable tasks defeats this goal.

11. Commit to Constant Reinvention

Understand that the pathless path is a commitment to continuous reinvention, requiring ongoing personal reflection, adaptation, and a willingness to outsource, eliminate, or restart projects. This approach helps protect your time and creative space.

12. Explore “Something More”

If you have an intuitive sense that there’s ‘something more’ for you in work or life, commit to exploring it, even if the journey is challenging. The potential for no regrets and greater fulfillment makes the exploration worthwhile.

13. Connect with Path Experts

Reach out to individuals who are a few years ahead of you on a similar unconventional path, sending a thoughtful message to ask questions or pick their brain. Additionally, seek out a diverse range of people (‘weirdos’) outside your professional bubble to normalize different life and work arrangements.

14. Manage External Perceptions

When asked about your unconventional path, use phrases like ‘I’m just tinkering’ to make it sound delightful and deflect intense questioning. For older generations, provide a ‘Boomer-compatible story’ like ‘I’m an entrepreneur’ to resonate with their understanding of work.

15. Hire for Aliveness & Asynchronicity

When building a team or hiring contractors, prioritize individuals who are energized, connected, and inspired, and optimize for asynchronous work. This approach helps protect your own creative energy and time while fostering productive collaborations.

16. Podcast for Intrinsic Joy

If considering starting a podcast, do so primarily for the intrinsic connection to the conversations or the creative act itself, rather than for financial gain. Podcasting is a long game, and intrinsic motivation is key to its sustainability and enjoyment.

The goal is not to find a job, make money, build a business or achieve any other metric. It's to actively and consciously search for the work that you want to keep doing.

Paul Millerd

The hidden assumption I had around work for the first 32, 33 years of my life was work sucks. You have to figure out how to tolerate it.

Paul Millerd

The secret to doing good research, and I think it's related to this, of finding a new path, a pathless path, is always to be a little underemployed. You waste years by not being able to waste hours.

Paul Millerd

People do not regret the things they do. They regret the things they didn't do.

Paul Millerd

Coming alive over getting ahead.

Paul Millerd

I always tell people you need a boomer compatible story for what you're up to.

Paul Millerd

Work Mindfulness Exercise

Paul Millerd
  1. Take three hours during a workday, blocking off your schedule.
  2. Sneak out of work.
  3. Go for a walk without a destination OR do something from your childhood that you used to do all the time (e.g., play basketball, paint, play an instrument).
  4. Pay attention to what is emerging: how you feel, if you feel bad for sneaking out, where that bad feeling comes from, what it means about your definition of work, and what brings you alive.
  5. Reflect on why you work beyond just money, considering societal scripts about being a 'good person'.

Path Expert Conversation

Paul Millerd
  1. Identify somebody ahead of you on a similar unconventional path.
  2. Send them a thoughtful message, explaining your curiosity and that you don't have people in your life who have done similar things.
  3. Ask if you can pick their brain, or if not, send a list of written questions.

Ship, Quit, and Learn Framework

Paul Millerd
  1. Identify the quickest way to 'ship' something (create and launch a small project or experiment).
  2. Design the project with the intention that you can 'quit' it if it doesn't work or isn't energizing.
  3. As soon as it's shipped, 'learn' from the experience to inform what to do next.
40,000+
Copies sold of 'The Pathless Path' Puts it in the top 1% or 0.1% of books sold, especially for a self-published book.
500
Approximate working months in adulthood Assuming continuous work, used to contextualize a 3-month sabbatical.
3 months
Recommended sabbatical duration To create space and reconnect with oneself.
6-8 weeks
Time needed to unwind on sabbatical Initial period for decompression.
$1,000 per month
Paul Millerd's cost of living in Asia After leaving his job, optimizing for exploration.
$50,000
Paul Millerd's income in his first year of freelancing Optimizing for exploration and self-discovery.
$30,000, $24,000, $30,000
Paul Millerd's income in subsequent years During a period focused on getting to know himself.
$150,000 to $200,000
Estimated cost of Stanford Business School Used as a comparison for investing in a 'life MBA'.
$200,000
Paul Millerd's earnings from his book Mind-blowing amount for a self-published book.
95%
Paul Millerd's daily work flexibility Percentage of days he can choose not to work.
$4 per book
Author rate for bulk book orders For 'The Pathless Path' when ordering directly from Paul.
500+
Number of people Paul Millerd has talked to about their relationship to work Through opening his calendar every Wednesday for years.
6 weeks
Intel sabbatical duration Offered after 7 years of employment.