You Don’t Need To Do Everything Yourself: The Value of Having a Co-Pilot (#90) — Transcript
Updated: Oct 26
THE PICTURE OF WEALTH · EPISODE 90
Dustin Serviss reflects on a high-speed driving experience and the value of having a capable co-pilot. He explores how guidance, trust and an outside perspective can help people make better decisions.
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This transcript was generated from the episode audio and lightly edited for readability. It may contain transcription or speaker-attribution errors. Refer to the recording for exact wording.
Chapters
[00:00:01] Introducing the Picture of Wealth
[00:00:59] Meeting the driving co-pilot
[00:02:09] Learning from the demonstration lap
[00:03:18] Trusting the instructor’s commands
[00:04:25] Understanding the cornering technique
[00:05:37] The value of professional advice
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Transcript
[00:00:01] Show announcer: Welcome to the Picture of Wealth, a podcast all about living more of your life now yet being responsible for your future. Lifestyle experimenter, wealth scientist, and financial coach, Dustin Service, shares life hacks, wealth tips, and interviews successful entrepreneurs on how they're thriving in happiness, purpose, and prosperity.
[00:00:23] Dustin Serviss: When was the last time you drove a Ferrari as fast as it would go? The value of a co pilot. It is thirty eight degrees Celsius or, say, over a hundred degrees Fahrenheit. You pull up in the rental car to an amazing facility. On the front of the building reads exotics, racing, and bright red writing. After all the needed signatures and, of course, your Visa imprint plus thirty minutes of coaching, you're sitting in the driver's seat of a four hundred thousand dollar Ferrari four five eight Italia. The car is five hundred and sixty two horsepower. The smell of skidding rubber fills the air and the sound of millions of dollars warming up.
[00:00:59] Dustin Serviss: You're in an oversized event tent with nearly twenty five supercars lining the inside of the tent. In your head, you're doing the quick math, zero to sixty in three point four. Here's Here's how long that is. Bam. Hundred kilometers an hour. You've just been introduced to your co pilot and driving instructor, Steve, who will be teaching you how to stay safe out on the track, or at least that's why you chalk up the reason that Steve is being put in the passenger seat with you for your purchased laps. Now Steve tells you to stand over there by a gray Porsche SUV. Before you know it, it is you and four other full grown men standing there.
[00:01:34] Dustin Serviss: Everyone, not really saying anything but wondering, I could probably drive faster than this guy. New to the party is Gary. He is the Porsche SUV driver, and he will be taking all of you out for two hot laps to give instruction and highlight what certain best race lines are around each corner. Now at full speed, the SUV gets up to a hundred and fifty five kilometers an hour before it needs to make the first ninety degree turn off the front straightaway. Now you remember there are four full grown men and you in this vehicle, and it's an SUV sitting higher off the ground. As the SUV rolls into the corner, you feel the weight shift, and you
[00:02:09] Dustin Serviss: think you're for sure going to roll, but you don't. And you hear the tires are right on the brink of skidding, but the driver is in full control. Through the apex of the corner and full on the gas, Gary, the pre lap instructor, is taking you through the motions through turn three, and there is a slight pause as Gary looks in the rear view. He puts on his hazards while he is still under full throttle and keeping in the flow of the other cars in the track. As the Porsche SUV enters corner four, there's the sound of a very high powered roar. It is a seven hundred horsepower Corvette doing a ride along drift experience for another client.
[00:02:45] Dustin Serviss: Now the drift experience, as it sounds, you sit in the passenger seat with a pro driver who races the full track and drifts all the corners at high speeds. Whoosh. Screech. The Asian instructor goes by us with a thumbs up in the driver's window. Wow. There is a lot going on. And there is Gary back on the instructions about corner six. What happened about corner five? One more lap and boom. He pulls into the pits and says, you're now ready to go. Find your car and your instructor. There's Steve. And there is your bright yellow four five eight ready to help you check off a bucket list item.
[00:03:18] Dustin Serviss: Now the reason I mentioned previously, they probably put Steve in the car to keep you safe, to make sure you don't go crazy and drive the car off the track, But the reality is after you start going down the front straightaway and are listening to Steve's commands, he was very direct that if you do not listen to him, he would park the car and you would not be refunded your money. Full gas. Up one. Up one. Up one. Full gas. Up one. The car is literally down the straight, and the corner is fast approaching as you're hitting a hundred and eighty kilometres an hour. Remembering he said, listen to him or you get pitted.
[00:03:51] Dustin Serviss: But your reflexes are saying, I need to slam on the brakes. The sound of Steve Voigt breaks your train of thought. Up one, I said. Right paddle. Up one. And he screams, all brakes. Down two. Wow. You can feel the tires are actually holding a perfect line. You hit the inside of the corner and Steve is back on you. Full gas. Up one. Up one. Full gas. Down one. Brake. Light. Full gas. Up one. Now this repeats around the track for a number of laps until Steve says, after the next corner, I want you to take your hand off the wheel, and I will show you what this actual line looks like. It will help you set up for corner one.
[00:04:25] Dustin Serviss: But how is this, do you think? But you comply. Full gas, gas, gas. He reaches over, takes the wheel from the passenger seat, and sends the car through the chicane with perfect ease and shouts, hands back on the wheel, down one. Light brake, easy, start turn, full gas. Now after the fact, Steve explained, when you light brake into the corner, the front end of the car moves forward and the weight shifts onto the front tires. Then when you turn, this combination and initiating the corner, you can let off the brakes. But since the weight's on the front tires, it's able to hold while you turn around the corner better.
[00:05:01] Dustin Serviss: Once you're through the apex or midpoint of the corner, you can floor it and carry out maximum speed. Now how are you feeling at this point? This is an experience I had the pleasure of participating in a couple years ago, and I draw a parallel wealth point. Having coaches in our life, hired mentors, or maybe consider a financial planner or wealth manager, on the outside, they are there to protect you from the obvious, but they are there to help you get the most out of something. Well, the good ones, anyway. They're able to assess your risk, manage it, and then push your a type conservative personality to heights you never dreamt about.
[00:05:37] Dustin Serviss: If Steve was not in the car with me that day, I would have drove the car and enjoyed it. I would have felt like a man since I floored it and heard the roar, but I would not have even come close to pushing the car to its limits. Or looking at another way, I would have left money on the table or not got my full money's worth. A good coach or consultant or wealth manager will stretch your dollars. This could be the same for your accountant, lawyer, or anyone else you pay for advice. It is maybe an expense, but when you look at it as an investment, your opportunities start to really find a way into your life.
[00:06:09] Dustin Serviss: And if you forget everything else, remember to set goals that require a little bit of luck. When in doubt, throttle out.
[00:06:17] Show announcer: If you found this episode valuable, share it with a friend. If you found this episode super valuable, leave us a review on iTunes. It will help us continue to bring you top quality content. For more information on anything discussed on this show, visit w w w dot service wealth dot com. That's service spelled s e r v I
[00:06:35] Dustin Serviss: s
[00:06:35] Show announcer: s. Any investment topics covered on the show are not investment recommendations, and you should seek professional advice before making any investment decisions. This show was produced by Prodigy Podcast. Thanks for listening.