How to Use Your Age to Your Advantage | GaryVee Audio Experience with Chip Conley

TL;DR

Chip Conley discusses the importance of embracing midlife, the value of wisdom in the workplace, and the creation of the world's first middle life wisdom school.

Transcript

• There are a lot of people who are 45 to 60 years old who just are complaining about millennials and they're not actually asking how they are getting back in the mix by becoming a beginner again. - And are being held accountable for parenting and creating the millennials. - You got your perspective. (upbeat music) (crowd cheering) I just wanna be ... Read More

Key Insights

• 🧑‍✈️ People in midlife often feel irrelevant and bewildered, but they have a lot of wisdom and experience to offer.
• 🤕 Age is a valuable form of diversity in the workplace, as it brings different perspectives and emotional intelligence.
• 👶 The Modern Elder Academy aims to help individuals in midlife gain new skills, find purpose, and shift their perspective on aging.
• 🧓 Emotional intelligence increases with age, making older adults valuable contributors in the workplace.
• 🥺 The midlife crisis is a real phenomenon, and addressing it can lead to increased happiness and fulfillment.
• 🥺 Wisdom is not taught, but shared, and creating a cohort of individuals in midlife can lead to transformative experiences.

Questions & Answers

Q: What led Chip Conley to start his first boutique hotel company?

Conley started his first boutique hotel company by purchasing a pay-by-the-hour motel, despite having no prior hotel experience. He raised funding from investors and turned the motel into a successful hotel known for hosting famous guests.

Q: What is the Modern Elder Academy?

The Modern Elder Academy is the world's first midlife wisdom school, created by Chip Conley. It offers transformative week-long programs for individuals in midlife who want to press the reset button on their lives, learn new skills, and find purpose.

Q: How does emotional intelligence grow with age?

Research shows that emotional intelligence increases with age. Older adults have more experience, wisdom, and a greater ability to regulate their emotions and empathize with others. This makes them valuable contributors in the workplace.

Q: Is Wisdom at Work a for-profit business?

The Modern Elder Academy is currently a social enterprise, but Chip Conley believes it has the potential to be both a for-profit and non-profit business. He is open to exploring different models and partnerships.

Summary & Key Takeaways

• Chip Conley shares his journey of starting a boutique hotel company and later joining Airbnb as a mentor.

• He emphasizes the need for people in midlife to embrace becoming beginners again and to be open to new learning opportunities.

• Conley introduces the concept of a "modern elder" who is both wise and curious, and discusses the need to address the midlife crisis and find purpose during this stage of life.