No Risk No Reward | EP 006

In this episode, Phil shares his personal journey of taking risks and facing challenges head-on. Starting from a difficult childhood and early struggles with financial instability, Phil describes how he learned coding at a young age, which led him to start his first business. He talks about his time in the military and how it shaped his work ethic and attitude towards risk. Phil emphasizes the importance of risking everything to achieve success, drawing on his own experiences of overcoming adversity, including a serious car accident and starting a family during a global shutdown. He stresses the need to continually reinvest in oneself, even in the face of overwhelming odds, to achieve extraordinary success. Throughout the episode, Phil's message is clear: real change and success require taking significant risks and believing in oneself, regardless of the circumstances.

Welcome to The Phil Bohol Show, hosted by USMC veteran, mindset coach, sales expert, self-made entrepreneur, husband, and father, Phil Bohol. On this podcast, we don't just offer strategies — we offer a war cry, a call to arms, a challenge to rise, to break free from the shackles of mediocrity. You’ll learn the raw truth on how to break your limitations, scale your business to 7-figures, and level up every area of your life. Together, we won't just face challenges. We will crush them. Relentlessly.

Timestamps:

(03:09) - From MySpace to Marketplace

(05:42) - Finding Self-Worth in Service

(07:19) - From Military Service to Corporate Success

(08:51) - Surviving an Accident, Starting a Family, and Facing a Global Shutdown

(10:28) - A Father's Resolve

(11:41) - All In Against All Odds

(13:09) - The Unseen Struggle Behind the Success

(14:02) - The Uncompromising Path to The Top 1%

(16:37) - The Harsh Reality of High Achievement

(18:05) - The Top 1% isn't a Resting Place

(19:11) - Making Promises That Change Your Life

And do you know what that did for me?

That allowed me to really know myself.

That allowed me to understand I'm willing to do whatever the f*ck it takes for mine.

If I need to provide, I will become whoever the f*ck I need to become.

Welcome to the Phil Bohol Show.

[00:00:30] My name is Phil Bohol and in this podcast, I'm going to be covering everything from personal development and growth to business, to health, nutrition, family, finances, marriage, your relationship with your kids, everything that has helped me go from a third world country to a third world country, to working a nine to five corporate job to going online and building multiple seven figure businesses and how somebody that almost dropped out of high school was able to do that.

[00:01:00] All right, what's going on everybody?

Today we're going to talk about no risk, no reward.

So a lot of people want to have these quantum leaps in their life.

They want to get from point A to point B, but they're never willing to risk anything.

The biggest thing that I've found over time is you have to be willing to put everything on the line.

[00:01:30] And most people think that's, you know, there's a safer way to go about doing things.

But the reality is that's bullsh*t.

That's advice from somebody who's never actually accomplished anything meaningful in their life.

Think about when your back is up against the wall.

There have been so many times in your life where your back is up against a wall and you were actually able to go from point A to point B.

But when you were in a position of fear, when you were doubting yourself, when you were afraid of what might happen.

[00:02:00] The what if scenarios that were going crazy in your mind, did you actually f*cking do anything about it?

No, you stayed in the same exact position dealing with the same exact problems.

Your A turned into B and you brought it into the rest of your life.

Nothing really changed.

Think about the most toxic relationship you've ever been in.

The most toxic relationship you've ever been in, you stayed in far longer than you know you should have.

[00:02:30] And the only thing that allowed you to get from point A to point B was you starting to really value yourself.

You saying, well, “What the f*ck is going on here? I deserve a lot more than this.”

And you got frustrated.

You got f*cking angry.

There was something that triggered inside of you that you deserve better.

You deserve more.

The same thing happens with risk.

When you don't risk, there's not that sense of urgency.

There's no real reason for you to focus to actually take every second of every day seriously enough to make changes.

[00:03:00] And that's why most people stay stuck.

99 percent of the world stay in the same exact position from where they were unhappy and they carry that bullsh*t for the rest of their life.

People always ask me, Phil, how do you take quantum leaps?

I want you guys to understand.

In every area of my life…

Let's go all the way the f*ck back to 13 years old, 13 years old.

That's three years after my family started doing the f*cking separation thing.

Dad cheated on mom, etc.

I went through a very dark time.

[00:03:30] Okay.

But at 13 years old, for some reason, if you remember Myspace.com, I started Googling how to code things because bare f*cking minimum, I'm gonna have a nice profile.

So I started learning how to code.

And I started coding my MySpace page.

So that way you can have, like, Top 5, right?

You have your 5 homies that you're gonna make the top 5.

And if you're not in top 5, then you know you're not sh*t to me.

So I learned how to code that.

And one thing led to another.

That thing actually led me to start building my own website, my own online business.

[00:04:00] And then I learned that you can actually make money selling digital currency to people who didn't have time.

And being a 13 year old f*cking kid, I had all the time in the world.

And the biggest thing for me is we were struggling financially.

It felt like I couldn't ask my parents for money because all the money was going away.

We were literally losing everything.

We had the f*cking house, we had the boats, we had the motorcycles, we had f*cking everything.

And slowly, we had to start either selling or losing everything.

[00:04:30] So you can imagine, as a kid, doesn't really feel right asking mom and dad for some money.

And you're always worried about money at that point because you're like, well, what the f*ck's gonna happen next?

So I got very resourceful.

I took a big risk that I didn't really register at the time being a kid, and I started my own business.

But because my back was up against the wall, I was forced to take a risk, or I could have just been like every other kid and said, “Hey, f*ck, my life f*cking sucks. And this is what's happening to me.”

And so this is how I'm going to live the rest of my life.

I chose to take control of the situation as best as I could.

[00:05:00] And that was Google searching my way into how to build a f*cking business, which I did.

One of my biggest deals as a 13 year old kid was a $5,000 paid in full.

That's how I bought my 1993 BMW 325i.

Again, how did a f*cking 13 year old do something like that?

How was he able to buy his car cash?

So nobody could ever take that away from him at 13, 14 years old?

It's because I took a big risk on me.

[00:05:30] That I had this dream, I had this vision, I had this way of I can see that there's a way to make money doing this thing that I'm already doing and all I have to do is provide a solution to people who can't do it for themselves right now.

I took a massive f*cking risk.

When I joined the military, the same f*cking thing.

Basically, from 13, 14 years old, all the way up to 18, Jesus, the darkness that I felt in my life, went crazy.

I wanted to take my own life multiple times.

Sh*t, there was a time where I almost did.

[00:06:00] And fortunately, somebody said the wrong thing to me that triggered in me my own self worth.

I started being worthy to myself.

So, in order to save my own life, I took a massive risk and I decided to join the infantry in the Marine Corps.

Out of everything in the infantry, I decided to be a machine gunner.

[00:06:30] Because I needed to put everything I was I needed to understand that if my mind was so weak, if my spirit was so weak, at least my body can show me if you're strong enough, because you literally have to carry f*cking machine guns on your neck.

I would say back, but f*cking it's on your neck.

And I took a big risk because I was worth that risk.

I was worth the risk of, well, I'm either gonna f*cking die because I'm gonna kill myself, or I'm gonna f*cking die in the infantry, at least for a good cause.

One thing is going to allow me to self actualize.

The other thing is just me f*cking giving up on life.

I chose and I made a promise to myself.

I'm just not going to give up on my life like that.

If I'm going to die, it's going to be for a cause.

[00:07:00] So I enlisted into the Marine Corps and that was a big risk because, you know, you never know what was happening in the world.

You never know what could possibly happen.

Fortunately, nothing bad ever happened, and I was able to actually, you know, leave the military with disability because of f*cking infantry and sh*t.

And now I have a great family.

But if I didn't take that risk, who knows what would've happened in my life.

[00:07:30] Who knows if I would've overdosed on drugs, if I would've got drunk and got in the wrong type of fight and got f*ckin stabbed or shot to death.

Who f*cking knows.

All of this other sh*t could've happened.

I could've been a sh*tbag.

You may have not been watching these videos at this point because I would've never become who I am today.

Because of the path that I took, massive f*cking risk that changed my life.

When we think about me going into the corporate world, I got paid more than most people get paid after having 10 years under their belt in the same position.

[00:08:00] I took a massive risk and I said, I'm going to take what I learned in the f*cking military and I'm going to bring it to corporate life.

And so I valued who I had to become in the military.

And I took a risk and put myself out there in Fortune 500 companies.

And I said, ‘Hey, I'm this motherf*cker. This is what I'm worth. This is what I'm gonna get paid. Either you can pay it or you don't. That's all good. I'll find somebody who can.’

Massive f*cking risk that paid off.

I got paid, I think like some crazy like 36, 38 per hour just starting off.

[00:08:30] Again, zero f*cking real experience in the corporate world.

That went to like 42 an hour.

It's like 46 to 48 an hour.

Some crazy shi* like that.

Alright, but I took a risk on me.

I valued myself and that's how I got what I wanted in life.

I took a f*cking risk.

I could have got rejected.

I could have been laughed at.

But I was like, I know who the f*ck I am.

I'm going to take a risk on me.

When that corporate position turned into going to a new company, becoming a business manager, again, never been a f*cking business manager before in my life.

[00:09:00] But I was like, well, I mean, all we're doing is growing a business, so I associated growing a business with running a quad, or being a leader in the infantry.

It must be the same sh*t.

So of course, pay me six figures and I will happily f*ckin build your business, okay?

That next thing led into the biggest sh*t show of my life.

The biggest f*ckin risk I I couldn't even imagine going into, okay?

My wife and I get into a major car accident, so we're all types of f*cked up.

[00:09:30] I have nerve and tissue damage from my left side, my left side of my body, literally contracted so much because of the collision.

The muscles were all f*cked up, that my left side was about an inch shorter than my right side.

It was all f*cking weird, so I had literally, I don't even know what it's called.

A stump?

No, I don't think it's a stump.

A f*cking - I don't know.

It was something was f*cked up with me.

You know what I'm talking about?

So, I got into that thing, right?

[00:10:00] We were healing and we were like, “Hey, you know what? Life is short. You're my person. Let's start a family.”

Right?

Because we're gonna do life together.

Life is extremely short.

Again, we decided to have a baby.

We didn't f*cking know that there was a global shutdown en route, alright?

But, we got pregnant, so, I mean, there's nothing you can do to really stop that.

After finding out that we were pregnant, then we started hearing the whispers of the global shutdown.

[00:10:30] So here's my next big f*cking risk.

I wasn't even a husband at the time.

We were still boyfriend and girlfriend.

I didn't propose to her until she was a little bit more pregnant, okay?

Because we wanted to do things right.

But, the biggest thing is I lost my job because I was the highest paid, obviously, being the business manager, so I was first to go.

The biggest risk that I had to take was, f*cking new dad, okay?

[00:11:00] I'm gonna either be a sh*tbag f*cking dad who can't provide for his children or for his family.

Global Shut Down.

F*ckin everybody's fiendin for a job, everybody's getting fired, all types of bullsh*t's happening in the world.

I got a wife, I gotta provide for her, girlfriend at the time and fiance at the time, I had to provide for her that I couldn't, because I was a sh*tbag and didn't really have all my sh*t together, because of multiple other business ventures that failed.

So I'm either going to McDonald's, and like begging and pleading for a minimum wage job where I'm actually probably going to cause more stress to my family.

[00:11:30] Because of how much of a sh*tbag I was for the amount of money that I was making.

Or I'm going to go all in and take the biggest f*cking risk of my life and start making investments to learn how to go online.

Guess what I did?

I went all the way the f*ck in, okay?

Because if I'm going to go all in, I'm not going all in for f*cking McDonald's, bro.

I'm not gonna go through all of this bullsh*t that I'm gonna go through to self actualize for f*cking McDonald's.

Not happening.

[00:12:00] So I went online, started making investments here and there.

I started making money moves, okay?

And again, at this time, didn't have a lot of money to work with.

Because it all went down the drain for the previous company that went to f*cking sh*t while I was trying to build it up during corporate.

Wasn't working out that well for me, but this is how much I had to risk it all.

$297 was a lot of money for me.

$497 was a lot of money.

$997 was a lot of money.

The first $6,000 was a lot of money for me.

$10,000 was a lot of money.

$15,000 was a lot of money.

[00:12:30] And the thing is I kept reinvesting back into myself, finding different ways to find the money to make sh*t happen.

I made money moves.

And people don't f*cking get it.

People are like, I can't afford a hundred bucks.

And I'm like, well, you just don't want it enough.

Go f*cking die, I don't know, like give up.

There's other people like me who are gonna do whatever it takes to win.

And so that's what I did.

I risked it all with a f*cking baby on the way.

And you know what that did for me?

That allowed me to really know myself.

[00:13:00] That allowed me to understand I'm willing to do whatever the f*ck it takes for mine.

If I need to provide, I will become whoever the f*ck I need to become.

And so, 90 days later, I started making $15,000 per month.

But imagine if none of that happened.

If I just said, “Oh, f*ck. The government's giving us free money? I guess I'll take that sh*t, whatever it was. I'll take that.”

And I was a f*cking freeloader dad.

And, like, can you imagine the f*cking life that I would give to my family if I didn't go all in?

[00:13:30] If I didn't risk it all in that moment?

When people see my success nowadays, they see the, the, the awards for, for doing millions of dollars online, they see, they see where I've come up, they, they see the, the, the car, they see the f*ckin Rolex, they see all this bullsh*t.

And they're like, “Oh, Phil, it was probably f*cking easy for you.”

No, motherf*cker.

It was the hardest f*cking thing of my life.

Hardest f*cking thing of my life.

But the point is, I took a risk.

[00:14:00] And people don't understand, in order to truly change your life, you gotta risk it all.

Because if you don't risk sh*t, you're not getting sh*t.

That's just how the world works.

You think that the most successful people in the world didn't risk anything to get to where they're at?

They went all in all the time.

They had so many different things coming at them, causing them and wanting them to fail.

And they chose to continue to persevere.

They chose to stay on the hard f*cking path.

And so I want you to know that if you want to have 1 percent results in your life.

[00:14:30] If you want to be able to vacation whenever the f*ck you want.

If you want to be able to give your family whatever the f*ck they want, whenever they want.

If you want to be able to have some f*ck you money or just buy whatever you want for the sake of buying it or wear cool sh*t or get the Lambo or get the f*cking house or get whatever you want.

You're not getting that if you're acting like the sheep of the world.

If you're acting like the 99 percent of the world who's like, I want sh*t to be given to me, but I'm not gonna work for it.

[00:15:00] If that's you, go the f*ck all the way back to McDonald's, or all the way back to your 9 to 5 and stay there.

Because, if you want 1 percent results, you better be willing to sacrifice and risk everything that the 1 percent has already risked.

That's kind of what you have to do.

That's kind of what every entrepreneur has had to do in their life.

Every entrepreneur has had to go through the darkest times.

And they had to continue believing even when they couldn't see the finish line.

[00:15:30] Even when they saw some f*cking success, and that sh*t f*cking shattered again because of some bullsh*t, they still had to hold on to that belief and persevere.

And that's why they made it.

That's why they became big.

But you can't even take that first f*cking step.

You can't even believe in yourself one time.

You can't even risk the first f*cking step.

You think that your little itty bitty f*cking risk in comparison to our risk that we've taken throughout our entire career means anything?

You think cause you, you risked one thing once.

[00:16:00] You risked like a thousand bucks, ten thousand bucks, fifty, a hundred thousand dollars one time.

You think you rate success now?

The answer is no, motherf*cker, you gotta keep pressing.

You still gotta risk more.

You gotta do more.

$700,000 plus.

I'm pretty sure it's a lot more than that at this point.

I'm just gonna keep saying $700,000 cause f*ck it.

Would you invest $700,000 into you?

Do you believe in that much in you?

Are you willing to go all in on you?

Because if the answer is no, then let's stack the cards.

[00:16:30] You want my success.

You want what I have.

You see what I have.

But you're not willing to do what I did to f*cking get here.

If you wanna be successful in life, you gotta be willing to risk not only the money, you gotta be willing to risk the energy, the time away from your family.

F*ck, I lost so much time with my firstborn, because I had to, I had to sacrifice that time so that way I could provide.

[00:17:00] Because a couple years, as sad as it is, is a little blip into the rest of her life that I could provide for her.

The second born, I can be here a little bit more, a little bit more present.

But continuing to sacrifice to provide.

Do you understand what it's gonna ask of you to have a 1 percent result?

I don't think a lot of you motherf*ckers are ready for that.

I think a lot of you motherf*ckers have this weird idea of what success actually is, but you don't understand.

[00:17:30] You're gonna get the least amount of sleep you've ever gotten in your life.

You're gonna take the most f*cking risk in your life, and three out of four f*cking things will turn into nothing.

And with the one out of four things that actually become something, if you stick around long enough to actually see that win, that's the game changing one.

But you gotta go through the losses first, and it's gonna happen.

And you gotta be good with it.

And you gotta be good with achieving a level of success where you finally feel like you f*cking make it.

[00:18:00] F*cking wall again.

That's where you're really gonna find yourself, motherf*cker.

That's what you got to understand.

But if you stop risking, if you stop going all in at that point, that exact moment where you say, “Hey, I'm just gonna hold off because it's more comfortable right now.”

Is the moment you lose.

That is the moment where you finally lost belief in yourself and as much momentum as you've built until this point.

[00:18:30] The moment you step back and you play it safe, you've now officially told yourself, “This is my limit.”

And then you're going to have people like me that just keep pressing on, that keep pushing forward, to keep earning the spot.

Because just because you make it in the top 1%, doesn't mean you stay there.

You gotta keep earning it because there's other young bucks, there's other entrepreneurs coming up in the space that are coming for the top spot.

You really think this isn't a competition?

It's all a competition.

[00:19:00] It's a competition of you versus you, and the more you win against you, the higher at the top you'll get, and that's what people don't get.

If I beat me on a daily basis, and I already know I outperform most people, then won't I have the top spot?

But people don't get that.

Most people are like, ‘Hey, I just, um, you know, I'm gonna try one thing. I'm gonna try it inconsistently. And then I'm not gonna get results. And then I'm gonna blame everybody but myself. And I'm gonna say, Oh, well, it wasn't my f*cking time. Oh, f*cking, it's the new year. Oh, it's f*cking somebody else. It's not me. I'm perfect. I'm a f*cking angel.’

[00:19:30] No, motherf*cker, it's you.

It's you.

You're not risking it all.

You feel entitled to f*cking success you don't rate.

That's what you gotta understand.

If you don't want to risk anything, give up and stop trying to pretend like you're one of us.

[00:20:00] If you want to be one of us, be one of us, we will recognize, we will understand, we will see your hustle, we will see the no bullsh*t attitude, we will see you being the most vulnerable that you could possibly be with yourself and with the world.

We'll see the hustle, we'll see the action.

Most of you motherf*ckers are just talkers.

You just talk about all the things that you want in life, but we never see you do anything.

That's what you gotta understand.

I don't see any risk, motherf*cker, I don't see you risking sh*t.

But you want all of the results that life has to offer you.

[00:20:30] I want you to understand, if you really want to change your life, especially if you got a family, I want you to look your kids in the eyes.

Make a promise to them, that dad's actually gonna f*cking do something this time.

By this date and by this time, dad's finally gonna f*cking do something this time.

And now you just told your kids. It's either gonna be the biggest f*cking lie of your life, while you look them in the eyes, or it's gonna be the very accountability that you've always f*cking needed.

Because obviously you can't hold yourself accountable.

[00:21:00] So you gotta understand, if you wanna have a life changing experience, you better put it all on the line.

Aren't you worth it?

Isn't the family worth it?

For you to go all in, bet, and go all in on you.

When's the last time you did that?

It's probably been a minute.

If you want to change, I want you to leave this with this thought.

What is that big f*cking decision in your life right now?

[00:21:30] What is that one bet on you that you've been holding yourself back, that you found every f*cking excuse?

Not to make that bet.

What is that bet?

Is it starting your business?

Is it putting yourself out there on social media?

Is it having a hard conversation with your wife?

Is it f*cking, actually squaring away your life, dropping the drinks, dropping the drugs, dropping the weed, dropping like all that bullsh*t that no longer serves you?

What is that big decision in your life that you haven't been making?

That's probably the very thing that's holding you back from your next level.

[00:22:00] And again, do the one percenters of the world sacrifice?

The things that are comfortable to them, so that way they can self actualize, so they can get to what they, they, they want in life.

All the things that you're not sacrificing right now, are the very things that are holding you back from your next level.

So, take the time, think about that sh*t, because you're worth it.

Or, I would hope you think you're worth it, cause if you're not, again, f*ck off, and make room for the people that are actually gonna win in this life.

[00:22:30] But if you're like me, you're probably going to have some real talk after watching this or listening to this.

And then you're going to look yourself in the eyes and finally be honest with yourself.

That you have been dropping the ball.

That you have been finding excuses.

That you have been a sh*tbag.

That you have been having this sense of entitlement about you.

And now you're ready to actually take ownership and say, “Op, I accept this is exactly where I'm actually at because of my own f*cking doing. And now I need to make a change, a lasting change.”

[00:23:00] Walk up to your kids.

Walk up to your spouse.

Hold yourself accountable to somebody, put it out there into the world.

Let them know what you're going to do, risk it all, put the money in, put the energy in, put the time in, put everything in knowing that you're not guaranteed sh*t, but how much are you worth it?

That's what you got to remember.

[00:23:30]

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