In this short motivational video, speaker Travis Thomas delivers a daily "moment of yes" for Monday, April 25th. He begins by promoting the "Live Yes for Kids" Patreon program, a $5‑a‑month subscription aimed at providing inspirational content for children. Thomas then shares a news story about a financial group that sold a large Netflix position at a $400‑$500 million loss, explaining that the group chose to cut their losses rather than cling to pride or a high‑risk waiting game. Using this example, he explores the psychological trap of implicit bias and ego that keeps people attached to failing decisions. He urges listeners to have the courage to admit they were wrong, cut bait, and move on, even if it means taking a loss or appearing humble. The monologue ends with a direct call to action: identify one area in your life where you need to let go of ego and cut the loss, and a reminder to check out the "Live Yes for Kids" program.
Chapters
Good morning, everyone. Here is your moment of yes. Monday, April 25th. Happy Monday, everyone. Let's get going into a new week with some inspiration. Also, quick reminder: today is the first kind of official day of Yes and for kids. If you know anyone who has some children that you think they could use that little yes and inspiration to start their week, have them go to the Patreon page Live Yes and, and they can sign up for that that program. I guess it's five dollars a month. All right. Here is your message for today. So I was reading. in the news. I can't think of who the financial group was, but they had bought a ton of stock in Netflix, and they recently just sold all the stock. And in doing so, however much they bought it for a few years ago, they sold it off now, and I think lost $400 or $500 million as a result. And the question was like, why not hold on to it? Why not wait? And this financial group. I'm not sure if it was a hedge fund or what, but they've been super, super successful with their, um, uh, with the companies that they've invested in. And the guy said basically, he's like, um, we just, we don't kind of play the, the high-risk waiting game. And he's like, we're okay if we make an evaluation and we quickly realize that we think we made a wrong evaluation instead of letting our pride and ego— I'm paraphrasing— get into the way, they cut their losses and move on. And I got thinking about that and how really kind of like powerful that is and valuable that is. A lot of the books I've read recently have been on our own implicit biases and why we continue to do things even though we kind of get past a point where like, I don't think this is necessarily the right thing or working for me, or now we're hoping that it works out. We're like, well, it's too late now. I guess I need to stay with it, which really isn't true. And I just thought about that ability, the courage it takes to believe wholeheartedly something and then as you get new information to go, ooh, I was wrong. Cut bait, move on, right? No, no, no, we got to wait to— no, cut. I was wrong, we cut bait and we move on. We thought it was going to be this, we were wrong, cut it and go because we're just going to probably make our losses worse or continue to go down the wrong road. So again, when we— yes, and is that idea of like, okay, this is what I thought was the right thing. I made the decision. Boom. What happened? Yes, keep down that path. Or, oh no, that's not what I wanted. All right. Instead of doubling down and going further, go, okay, no. Boom. Here's our next decision. Even if that means going backwards, even if that means taking a loss, even if that means— excuse me— having to admit that you were wrong. And that's what this is really about, right? Pride, ego, how often we do something or we've been so adamant about our perspective or our beliefs that even once we're kind of even proven wrong in our heart, our pride and ego just won't let us let go of it and actually move in the opposite direction. So for myself and for you all today, what is something That you're like, you know what, that's not serving me anymore. I just need to cut bait and move on. Let your ego take a hit. Remember, there are those who are humble and those who are about to be. So where do you need to cut bait? Where do you need to let your ego go and it's no longer serving you? Yeah? All right, that's your moment of yes for today, everybody. Have an awesome day. Send them over Yes and for Kids. We're talking about bamboo. See you guys. Bye.