00:07

Alright. So this is the third time we're doing this. It's the best part of the year. The season finale.

Alright. So this is the third time we're doing this. It's the best part of the year. The season finale.

00:13

It is called Dimilla Awards. It's our annual awards show.

It is called Dimilla Awards. It's our annual awards show.

00:17

We did it the first time, I think, improvved,

We did it the first time, I think, improvved,

00:20

or like pretty pretty close to it. We did it just, like, kind of on a whim. People loved it. We brought it back, and now we're bringing it back again. And it's basically a

or like pretty pretty close to it. We did it just, like, kind of on a whim. People loved it. We brought it back, and now we're bringing it back again. And it's basically a

00:27

it's our award. So we do categories like

it's our award. So we do categories like

00:30

billy of the year, breakout company or person.

billy of the year, breakout company or person.

00:34

Our favorite unsexy business,

Our favorite unsexy business,

00:36

our own best investments and our own worst investments, things like that.

our own best investments and our own worst investments, things like that.

00:41

So I'm excited. I already got the, sort of season finale vibes.

So I'm excited. I already got the, sort of season finale vibes.

00:45

And, I'm, I'm excited for this. You wanna say anything Did you look? You you look like you drive a white g wagon right now. I can't believe how fast you've gone from Indian to Persian. I look like my mis drives a white g wagon.

And, I'm, I'm excited for this. You wanna say anything Did you look? You you look like you drive a white g wagon right now. I can't believe how fast you've gone from Indian to Persian. I look like my mis drives a white g wagon.

01:03

You went from dirty Indian to alpha Persian with just one jacket. And that's kind of amazing how that's happened. I have never sold a rug, but I feel like I could right now.

You went from dirty Indian to alpha Persian with just one jacket. And that's kind of amazing how that's happened. I have never sold a rug, but I feel like I could right now.

01:17

And, did did you guys you guys listen to me. Sam, you didn't get the memo about dressing up. Andrew, are you,

And, did did you guys you guys listen to me. Sam, you didn't get the memo about dressing up. Andrew, are you,

01:23

your mic is flying a blazer. Yeah. You're blazered up. Did you guys bring I'm wearing a cardigan, bro. Oh, you always wear a cardigan. You always have like, you know, modern grandma style.

your mic is flying a blazer. Yeah. You're blazered up. Did you guys bring I'm wearing a cardigan, bro. Oh, you always wear a cardigan. You always have like, you know, modern grandma style.

01:33

But I'm, I'm, I'm, I'm at a a guest place. You know, I'm I'm on an Airbnb. I gotta do what I gotta do. I didn't bring a break. I didn't bring my Persian apparel. I'm sorry. Alright. Well, guys, cheers to a great year,

But I'm, I'm, I'm, I'm at a a guest place. You know, I'm I'm on an Airbnb. I gotta do what I gotta do. I didn't bring a break. I didn't bring my Persian apparel. I'm sorry. Alright. Well, guys, cheers to a great year,

01:45

a crazy year. I have I don't know what what what's in everybody's cup here? So, Sam, you're you're a classic midwestern

a crazy year. I have I don't know what what what's in everybody's cup here? So, Sam, you're you're a classic midwestern

01:52

cola kinda guy. You probably say cola, don't you?

cola kinda guy. You probably say cola, don't you?

01:55

No. But I am drinking a coke.

No. But I am drinking a coke.

01:57

There there's a great map where it's, like, some people say pop people say call us. Some people say, you know, soda or something like that. I feel like you might be a pop guy. Andrew, what you got in the cup?

There there's a great map where it's, like, some people say pop people say call us. Some people say, you know, soda or something like that. I feel like you might be a pop guy. Andrew, what you got in the cup?

02:07

I've got a arrow pressed

I've got a arrow pressed

02:09

coffee

coffee

02:10

in a tiny mug. Bro, you just

in a tiny mug. Bro, you just

02:13

brought to your bot. You just sponsored this whole pod just now. That was slick.

brought to your bot. You just sponsored this whole pod just now. That was slick.

02:18

I have a,

I have a,

02:22

very frigid cold water with

very frigid cold water with

02:25

fresh lemon juice inside.

fresh lemon juice inside.

02:27

Maybe I'm starting to cleanse. I saw a great tweet. He goes, I don't cleanse. I clog.

Maybe I'm starting to cleanse. I saw a great tweet. He goes, I don't cleanse. I clog.

02:31

And I thought that for you. That's pretty good. You're on a cheese

And I thought that for you. That's pretty good. You're on a cheese

02:35

clog. Alright. So cheers to you guys. Twenty million

clog. Alright. So cheers to you guys. Twenty million

02:40

downloads this year for the podcast, which is I think six times bigger than last year by or maybe four or five five times. I might might have my math on there, but I think YouTube's up six x and the pod is up four x or something like that.

downloads this year for the podcast, which is I think six times bigger than last year by or maybe four or five five times. I might might have my math on there, but I think YouTube's up six x and the pod is up four x or something like that.

02:54

Big year. Big year for us, which is which is fun. And Andrew, you are the most frequent guest are the most favorite guest, and so it is only right to have you here. Alright. So without further ado, should we jump in to the categories? We're gonna go

Big year. Big year for us, which is which is fun. And Andrew, you are the most frequent guest are the most favorite guest, and so it is only right to have you here. Alright. So without further ado, should we jump in to the categories? We're gonna go

03:07

I'll announce the category, I think, and then we go kinda round robin.

I'll announce the category, I think, and then we go kinda round robin.

03:11

Last year, we did it where we kinda picked who had the best answer after each one. I don't know if you guys wanna do or,

Last year, we did it where we kinda picked who had the best answer after each one. I don't know if you guys wanna do or,

03:18

any any adjustments to the to the format here?

any any adjustments to the to the format here?

03:20

Well, I think, by the way, your order was a little off. So for example, if we're gonna start with Billy of the year, then that has the next person because it's also a per the the next category should be craziest person of the year as well. Okay. Okay. Well, well, let's do it this way.

Well, I think, by the way, your order was a little off. So for example, if we're gonna start with Billy of the year, then that has the next person because it's also a per the the next category should be craziest person of the year as well. Okay. Okay. Well, well, let's do it this way.

03:36

We'll take turns. Just you, me and you, Sam, of just picking categories, and then, you can go whatever order you want. So Okay. Let's start let's start with Billy of the year. So for those who don't know, we do the segment called Billy of the week where we typically will feature

We'll take turns. Just you, me and you, Sam, of just picking categories, and then, you can go whatever order you want. So Okay. Let's start let's start with Billy of the year. So for those who don't know, we do the segment called Billy of the week where we typically will feature

03:50

a billionaire

a billionaire

03:51

or somebody who maybe is not actually technically a billionaire, but they carry themselves with that billionaire energy.

or somebody who maybe is not actually technically a billionaire, but they carry themselves with that billionaire energy.

03:56

And,

And,

03:57

somebody who's this doing life in an interesting way. So, Sam, who is your Billy of the year? Mine's so boring. So I I my boring answer is Zuck because he's proven that, like, he's actually pretty good. All the everyone else this year that's been in his category has gone fucking insane. Bezos's got a divorce,

somebody who's this doing life in an interesting way. So, Sam, who is your Billy of the year? Mine's so boring. So I I my boring answer is Zuck because he's proven that, like, he's actually pretty good. All the everyone else this year that's been in his category has gone fucking insane. Bezos's got a divorce,

04:17

Elon's crazy.

Elon's crazy.

04:19

All Zuck does is box. That's, like, his version of crazy. Like, he's turned out to be okay. So I would say he's probably, like, probably a year. Mostly stable.

All Zuck does is box. That's, like, his version of crazy. Like, he's turned out to be okay. So I would say he's probably, like, probably a year. Mostly stable.

04:29

Yeah. He's done alright. But if I had to pick another one, it would be this guy named Brett Adcock. Brett Adcock is this guy I met about six months ago. He basically is only thirty four to thirty six years old. He's a young guy. He made a lot of money when he sold his company called Vettery for a hundred million dollars. Then he created veteries like a recruiting company. It's not sexy, but then he created a flying drone company that he took public called Archer. It was worth two or three billion at its peak. Now he told me that he's, took roughly two hundred million dollars of his own money, which I think was, like, the majority of his liquid net worth other than the house that he owns piled all of it into bootstrapping a new robotic company called, where they make humanoids.

Yeah. He's done alright. But if I had to pick another one, it would be this guy named Brett Adcock. Brett Adcock is this guy I met about six months ago. He basically is only thirty four to thirty six years old. He's a young guy. He made a lot of money when he sold his company called Vettery for a hundred million dollars. Then he created veteries like a recruiting company. It's not sexy, but then he created a flying drone company that he took public called Archer. It was worth two or three billion at its peak. Now he told me that he's, took roughly two hundred million dollars of his own money, which I think was, like, the majority of his liquid net worth other than the house that he owns piled all of it into bootstrapping a new robotic company called, where they make humanoids.

05:08

And that guy's pretty fucking insane, and I love crazy people like that. That's a great one. Andrew, who you got? Billy of the year.

And that guy's pretty fucking insane, and I love crazy people like that. That's a great one. Andrew, who you got? Billy of the year.

05:15

So mine mine is actually a MFM guest, Palmer Lucky.

So mine mine is actually a MFM guest, Palmer Lucky.

05:19

And I feel like you know, it's a little obvious, but I feel like,

And I feel like you know, it's a little obvious, but I feel like,

05:24

you you see so many of these billionaires who they make all this money and then they get very focused on PR and they're very safe and they won't put their money where their mouth is. And what I loved about him is that a he's

you you see so many of these billionaires who they make all this money and then they get very focused on PR and they're very safe and they won't put their money where their mouth is. And what I loved about him is that a he's

05:35

actually

actually

05:36

taking his own capital and investing it in Andrew and doing something that is actually important in the world or what he deems important. And he actually just like calls people out. Like, he's honest. He's not a politician. And I think most of these billionaires you talk to, they are very political. They have a PR team. He obviously does not. I thought that was so awesome when he went to the, what is it? The all in conference and just roasted calacanis for like an hour.

taking his own capital and investing it in Andrew and doing something that is actually important in the world or what he deems important. And he actually just like calls people out. Like, he's honest. He's not a politician. And I think most of these billionaires you talk to, they are very political. They have a PR team. He obviously does not. I thought that was so awesome when he went to the, what is it? The all in conference and just roasted calacanis for like an hour.

06:02

So yeah, mad respect. I think he's awesome, and I thought that was one of the best interviews of the year. That's a great one. I love love that one. I thought I considered Palmer Lucky as well. I decided to go with somebody a little more under the radar. Not a billy, not a billionaire,

So yeah, mad respect. I think he's awesome, and I thought that was one of the best interviews of the year. That's a great one. I love love that one. I thought I considered Palmer Lucky as well. I decided to go with somebody a little more under the radar. Not a billy, not a billionaire,

06:17

but somebody who lives Like, I think a billionaire should. So it's this guy who came to camp MFM,

but somebody who lives Like, I think a billionaire should. So it's this guy who came to camp MFM,

06:23

which was our kinda like private retreat of twenty or thirty badass people that we did. Who al?

which was our kinda like private retreat of twenty or thirty badass people that we did. Who al?

06:29

No. Saeed.

No. Saeed.

06:30

Saeed.

Saeed.

06:32

So

So

06:33

Saeed is a guy I didn't know much about. You had mentioned him before. I didn't I never met him. He might be a billionaire. He might be, but, but it doesn't matter. He lives like one. So when we met him at the camp, I was like, so what do you do? He First of all, he just had the most chill energy. He was not stressed.

Saeed is a guy I didn't know much about. You had mentioned him before. I didn't I never met him. He might be a billionaire. He might be, but, but it doesn't matter. He lives like one. So when we met him at the camp, I was like, so what do you do? He First of all, he just had the most chill energy. He was not stressed.

06:49

He was not worried. He was not seeking attention. He was he had none of those small boy traits. And instead, he was relaxed. He was having fun. He was asking people questions, and I asked him. So what do you what do you do? And he's like, well, you know, I And he he started to explain. And somebody else cut him off. It was like, let me brag for you for a second here. So what Saeed owns

He was not worried. He was not seeking attention. He was he had none of those small boy traits. And instead, he was relaxed. He was having fun. He was asking people questions, and I asked him. So what do you what do you do? And he's like, well, you know, I And he he started to explain. And somebody else cut him off. It was like, let me brag for you for a second here. So what Saeed owns

07:08

is basically the largest collection of WordPress

is basically the largest collection of WordPress

07:12

websites and tools. So if you search for WordPress, like, you know, WordPress powers like thirty or forty percent of all internet websites,

websites and tools. So if you search for WordPress, like, you know, WordPress powers like thirty or forty percent of all internet websites,

07:19

And so people are often searching. How do I do this on my WordPress site?

And so people are often searching. How do I do this on my WordPress site?

07:23

You'll land typically on one of his websites like WP beginner or WP engine or whatever. And from there, it'll say, well, if you wanna capture emails of people who come in using WordPress like a email capture pop up, use Optinmonster.

You'll land typically on one of his websites like WP beginner or WP engine or whatever. And from there, it'll say, well, if you wanna capture emails of people who come in using WordPress like a email capture pop up, use Optinmonster.

07:37

Owned by

Owned by

07:38

also Saeed. And so he basically has the landing spot where people comment. He's got the number one search rankings.

also Saeed. And so he basically has the landing spot where people comment. He's got the number one search rankings.

07:44

Then he owns the tools that he refers.

Then he owns the tools that he refers.

07:47

And so he turned his

And so he turned his

07:49

random, curious traffic into SaaS subscribers He basically built an empire. He's telling us about the gas stations he owns and all the other crazy stuff he does with his money. And his work style was was one that I envy. He's like, well,

random, curious traffic into SaaS subscribers He basically built an empire. He's telling us about the gas stations he owns and all the other crazy stuff he does with his money. And his work style was was one that I envy. He's like, well,

08:02

Here's my month. The last week of the month, I do all my meetings with the operators of my businesses. I was like, so what do you do the other three weeks? And he's like,

Here's my month. The last week of the month, I do all my meetings with the operators of my businesses. I was like, so what do you do the other three weeks? And he's like,

08:11

One egg one to one and a half weeks, we travel. So we just go to Costa Rica, then we go to Egypt, then we go wherever. Like me and my family, we just love to travel. And then I read and I just chill out, I think, the other that the week and a half, I play with my son a lot. We play basketball.

One egg one to one and a half weeks, we travel. So we just go to Costa Rica, then we go to Egypt, then we go wherever. Like me and my family, we just love to travel. And then I read and I just chill out, I think, the other that the week and a half, I play with my son a lot. We play basketball.

08:25

And I was like, wow, this guy is dominating his business niche, but he's also

And I was like, wow, this guy is dominating his business niche, but he's also

08:30

checking the box on family. He's checking the box on travel. He's got it going on. So I was really impressed by Saeed He also very, very, giving too. He he gives away a lot of money too. Yeah. Amazing guy. So, so he's mine.

checking the box on family. He's checking the box on travel. He's got it going on. So I was really impressed by Saeed He also very, very, giving too. He he gives away a lot of money too. Yeah. Amazing guy. So, so he's mine.

08:43

That's, alright. So those are the billings of the year. I I'll just put it out there. I think Palmer was the right answer. What do you think, Sam?

That's, alright. So those are the billings of the year. I I'll just put it out there. I think Palmer was the right answer. What do you think, Sam?

08:50

I agree. Palmer was the right answer. You're if you haven't seen the clip of him going to Jason Calic Annis' conference, go into someone's birthday party and roasting him. That was epic.

I agree. Palmer was the right answer. You're if you haven't seen the clip of him going to Jason Calic Annis' conference, go into someone's birthday party and roasting him. That was epic.

09:00

Andrew, did you hear on our pod when we asked Palmer if he could kick Jason's ass?

Andrew, did you hear on our pod when we asked Palmer if he could kick Jason's ass?

09:05

Yeah. When he was talking about his scare, his, like, how tall he was.

Yeah. When he was talking about his scare, his, like, how tall he was.

09:09

Yeah. He was like, well, you know, if you look at the physics of this, I I I forget exactly how he explained it, but he was, like, a very engineer. He Like, bear beetle monkey.

Yeah. He was like, well, you know, if you look at the physics of this, I I I forget exactly how he explained it, but he was, like, a very engineer. He Like, bear beetle monkey.

09:18

Yeah. He said something like that. Like, it it it was pretty funny.

Yeah. He said something like that. Like, it it it was pretty funny.

09:22

Alright. Let's go to the next category, Sam. You could pick one.

Alright. Let's go to the next category, Sam. You could pick one.

09:26

Let's say, talk about the biggest l we each took this year.

Let's say, talk about the biggest l we each took this year.

09:31

Okay. Andrew You go first, Andrew.

Okay. Andrew You go first, Andrew.

09:34

This category, the biggest l's, it's the biggest loss you took, but it can be

This category, the biggest l's, it's the biggest loss you took, but it can be

09:37

it it doesn't have to be like a big serious thing. It it's just a it's just a lost put in the in the lost column. However, big or small it was in your life.

it it doesn't have to be like a big serious thing. It it's just a it's just a lost put in the in the lost column. However, big or small it was in your life.

09:46

Yeah. So I read this book about fifteen years ago by this guy, Ramit Sethi.

Yeah. So I read this book about fifteen years ago by this guy, Ramit Sethi.

09:50

He's got a website. I will you to be rich and he's got a book called I will teach you to be rich. And at the time, I knew absolutely nothing about personal finance or finance at all. And he had this really great section where he says people

He's got a website. I will you to be rich and he's got a book called I will teach you to be rich. And at the time, I knew absolutely nothing about personal finance or finance at all. And he had this really great section where he says people

10:02

think they need to save money on lattes.

think they need to save money on lattes.

10:04

What they actually need to save money on is percentages.

What they actually need to save money on is percentages.

10:07

And so he's talking about interest rates on credit cards, interest rates on mortgage,

And so he's talking about interest rates on credit cards, interest rates on mortgage,

10:13

fees and real estate transactions, like the difference between two percent and two point five percent is like twenty thousand dollars and people don't think about that. He says, he goes, don't worry about three dollar problems. Wor about worry about thirty thousand dollar problems.

fees and real estate transactions, like the difference between two percent and two point five percent is like twenty thousand dollars and people don't think about that. He says, he goes, don't worry about three dollar problems. Wor about worry about thirty thousand dollar problems.

10:27

Exactly.

Exactly.

10:28

So I had one of those.

So I had one of those.

10:30

So, you know, maybe like two episodes ago, you know, a couple of interviews ago I talked about,

So, you know, maybe like two episodes ago, you know, a couple of interviews ago I talked about,

10:36

you know, interest rates and the risks there. And this was very top of mind because we had a piece of debt in the company that

you know, interest rates and the risks there. And this was very top of mind because we had a piece of debt in the company that

10:43

I wanted to lock in the interest rate on and so we were gonna buy all these hedges and in order to do that, I had to sign all these documents

I wanted to lock in the interest rate on and so we were gonna buy all these hedges and in order to do that, I had to sign all these documents

10:52

and I'm kind of lazy. I hate signing documents. And so these documents were sitting in our office. And I was like, oh, I'll do it tomorrow. I'll do it tomorrow. I kept putting it off. And then finally I signed it. And I realized that between the time that I it was sitting there for a week and in that week, the interest rate went up by like one percent and that represented like five hundred thousand dollars or something insane. And so just me being lazy and not signing that document and not thinking in percentages cost me, like, five hundred grand.

and I'm kind of lazy. I hate signing documents. And so these documents were sitting in our office. And I was like, oh, I'll do it tomorrow. I'll do it tomorrow. I kept putting it off. And then finally I signed it. And I realized that between the time that I it was sitting there for a week and in that week, the interest rate went up by like one percent and that represented like five hundred thousand dollars or something insane. And so just me being lazy and not signing that document and not thinking in percentages cost me, like, five hundred grand.

11:22

That'll do it. Sam, what you got. That's a great one.

That'll do it. Sam, what you got. That's a great one.

11:27

This year, I met a guy who had an app called intro. It's a great app and I agreed to do it because he was like, hey, come try this.

This year, I met a guy who had an app called intro. It's a great app and I agreed to do it because he was like, hey, come try this.

11:36

And I did.

And I did.

11:37

And it was one of the big, bigger mistakes of the year that I made. So, basically, I'm on this app called intro where for a little while, people Did You were bragging about how you were crushing it on intro. You know, how is this the l?

And it was one of the big, bigger mistakes of the year that I made. So, basically, I'm on this app called intro where for a little while, people Did You were bragging about how you were crushing it on intro. You know, how is this the l?

11:48

That's such a

That's such a

11:50

weak move on my part to do it. So this app I got on there because I was like, oh, you know, and honestly, it's fun. It is quite fun to use. It's fun to like meet new people, but people pay me for my time.

weak move on my part to do it. So this app I got on there because I was like, oh, you know, and honestly, it's fun. It is quite fun to use. It's fun to like meet new people, but people pay me for my time.

12:02

And it's quite addicting because

And it's quite addicting because

12:05

it's really you can make a substantial amount of money doing that. But if I'm supposed to be such a big swing and dick. If I'm supposed to be a hotshot like I wanna be, I shouldn't be selling my time or at least I shouldn't be selling my time and keeping the money. I should just give it away.

it's really you can make a substantial amount of money doing that. But if I'm supposed to be such a big swing and dick. If I'm supposed to be a hotshot like I wanna be, I shouldn't be selling my time or at least I shouldn't be selling my time and keeping the money. I should just give it away.

12:18

And it was that was a big, that was a weak move on my part to, be selling my time, and I regret doing that.

And it was that was a big, that was a weak move on my part to, be selling my time, and I regret doing that.

12:26

That's a that's a great one. I was making fun of you for that. And,

That's a that's a great one. I was making fun of you for that. And,

12:30

and then I was also kinda like, wait, should I be doing that? That is a lot of money. And I was like, no, no, no, don't sell your time. Don't sell your time.

and then I was also kinda like, wait, should I be doing that? That is a lot of money. And I was like, no, no, no, don't sell your time. Don't sell your time.

12:36

It's such short term thinking.

It's such short term thinking.

12:38

And you know who really changed my opinion of it? Who actually could be Billy the year? What's the guy? Brian Johnson. Brian Johnson from

And you know who really changed my opinion of it? Who actually could be Billy the year? What's the guy? Brian Johnson. Brian Johnson from

12:47

brain treat. He, like, kinda, like, didn't mean to do it, but he, like, was razzing me on using it. And I was like, you're right. What did he say?

brain treat. He, like, kinda, like, didn't mean to do it, but he, like, was razzing me on using it. And I was like, you're right. What did he say?

12:55

Wasn't He was telling us well, he told a story. He didn't he wasn't directing it towards me, but he told a story about how he was like, instead of like getting this job, like I should just put more effort into my company. So then in three years, this won't even be a problem. Instead of right now, I could just make this money that could temporary fix this. I should go for the long term fix and make it so like I don't even have to budget ever again. Yep. I see a lot of so I think like all three of us kinda probably grew up not having a ton of money

Wasn't He was telling us well, he told a story. He didn't he wasn't directing it towards me, but he told a story about how he was like, instead of like getting this job, like I should just put more effort into my company. So then in three years, this won't even be a problem. Instead of right now, I could just make this money that could temporary fix this. I should go for the long term fix and make it so like I don't even have to budget ever again. Yep. I see a lot of so I think like all three of us kinda probably grew up not having a ton of money

13:23

and really, really valuing, like, every dollar. Right? So, like, I remember,

and really, really valuing, like, every dollar. Right? So, like, I remember,

13:28

you know, a thousand dollars was like crazy amount of money to me because I could buy an IMac and if I bought an IMac, then I could have one of my staff do all this work and I could make like twenty thousand dollars from it. And so I feel like I still

you know, a thousand dollars was like crazy amount of money to me because I could buy an IMac and if I bought an IMac, then I could have one of my staff do all this work and I could make like twenty thousand dollars from it. And so I feel like I still

13:41

if I I'm not careful I think in those terms

if I I'm not careful I think in those terms

13:44

and when someone comes along and offers you a thousand dollars an hour, it's like completely

and when someone comes along and offers you a thousand dollars an hour, it's like completely

13:49

insane

insane

13:50

as an opportunity. Or like three grand an hour or four grand an hour. It is crazy. It's amazing,

as an opportunity. Or like three grand an hour or four grand an hour. It is crazy. It's amazing,

13:56

but you get and I know all these people that are like I know guys that are worth fifty million dollars and they still manage their own Airbnb bookings. And they'll be like, oh, sweet. I tweaked this. I made an extra three hundred dollars in cleaning fees or whatever. And I always think like, you know, you guys used a quote before, but it's like you're playing you're playing a pennies or sorry. You're you're saving pennies in a dollar's game. Like it's just ridiculous.

but you get and I know all these people that are like I know guys that are worth fifty million dollars and they still manage their own Airbnb bookings. And they'll be like, oh, sweet. I tweaked this. I made an extra three hundred dollars in cleaning fees or whatever. And I always think like, you know, you guys used a quote before, but it's like you're playing you're playing a pennies or sorry. You're you're saving pennies in a dollar's game. Like it's just ridiculous.

14:18

Yeah. That's a Yeah. But I

Yeah. That's a Yeah. But I

14:20

some people enjoy that. Like Nathan Berry,

some people enjoy that. Like Nathan Berry,

14:22

Nathan Barry owns ConvertKit. He's probably worth two hundred plus million dollars based off evaluation of ConvertKit. And he's still I'll be with him and I'll pull out his phone and he's like messaging Airbnb guest. I'm like, why are you doing this? He goes, I love it. And so in that case, I'm like, alright. Cool. I don't like taking intro calls necessarily. Sometimes I do, but,

Nathan Barry owns ConvertKit. He's probably worth two hundred plus million dollars based off evaluation of ConvertKit. And he's still I'll be with him and I'll pull out his phone and he's like messaging Airbnb guest. I'm like, why are you doing this? He goes, I love it. And so in that case, I'm like, alright. Cool. I don't like taking intro calls necessarily. Sometimes I do, but,

14:40

yeah.

yeah.

14:40

Yeah. There's a there's a good test. I remember I talked to this guy when we got acquired by Twitch, I talked to a guy who had been acquired by Twitch three years ago. And I was like, oh, let's drink lunch. So we go out for lunch, and I'm like, you know, he's he's like, yeah, you're gonna love it, you know, yeah, but watch out for this. He's been giving me a bunch of tips. I'm like, okay, great.

Yeah. There's a there's a good test. I remember I talked to this guy when we got acquired by Twitch, I talked to a guy who had been acquired by Twitch three years ago. And I was like, oh, let's drink lunch. So we go out for lunch, and I'm like, you know, he's he's like, yeah, you're gonna love it, you know, yeah, but watch out for this. He's been giving me a bunch of tips. I'm like, okay, great.

14:57

Let me give you a tip real quick. Yeah, I just got here, but let me give you a tip. I was like, why are you still here?

Let me give you a tip real quick. Yeah, I just got here, but let me give you a tip. I was like, why are you still here?

15:04

And he's like, oh, dude. I really like job, actually. You know, I I didn't think I would stay here, but I really like it. You know, it's it's fun. I just blah blah blah. It tell you tell me how great it is. But I had kinda seen him in a couple meetings at this point. And I was like, these meetings aren't fun. So, like, you know, I I don't know what you're doing the other hours a day, but I saw you for, like, half a day last week, and that didn't seem fun at all.

And he's like, oh, dude. I really like job, actually. You know, I I didn't think I would stay here, but I really like it. You know, it's it's fun. I just blah blah blah. It tell you tell me how great it is. But I had kinda seen him in a couple meetings at this point. And I was like, these meetings aren't fun. So, like, you know, I I don't know what you're doing the other hours a day, but I saw you for, like, half a day last week, and that didn't seem fun at all.

15:23

I said, okay. Well, maybe this is fun, but let me just ask you something.

I said, okay. Well, maybe this is fun, but let me just ask you something.

15:28

You made, you know, he probably made, like, ten, twenty million dollars on the sale. I said,

You made, you know, he probably made, like, ten, twenty million dollars on the sale. I said,

15:32

I said, you don't need this job, but, but but you're not at the point where for you, you're just gonna stop working altogether blah, blah, blah. And I said, said if you had a hundred million dollars in the bank,

I said, you don't need this job, but, but but you're not at the point where for you, you're just gonna stop working altogether blah, blah, blah. And I said, said if you had a hundred million dollars in the bank,

15:43

like, literally, like, if I open up your bank account right now is a hundred million dollars just sitting there. Would you come in to work tomorrow? Like, would you Would you

like, literally, like, if I open up your bank account right now is a hundred million dollars just sitting there. Would you come in to work tomorrow? Like, would you Would you

15:50

would you do this just for fun? Because at that point, you know, what you're making here every year is that it is a rounding error. It's a you you just make that in in a in interest,

would you do this just for fun? Because at that point, you know, what you're making here every year is that it is a rounding error. It's a you you just make that in in a in interest,

15:59

if you were, if you had a hundred million dollars sitting there, he's like, well, no. Then I would go do x y z and I was like, okay. Cool. So As long as we're just being honest, like, I'm not saying you're miserable here. I agree,

if you were, if you had a hundred million dollars sitting there, he's like, well, no. Then I would go do x y z and I was like, okay. Cool. So As long as we're just being honest, like, I'm not saying you're miserable here. I agree,

16:09

but the stories we tell ourselves

but the stories we tell ourselves

16:12

in order to justify doing something that we're actually doing for the money, but we don't wanna say we're doing it for the money. We wanna say we're doing it for all these other reasons. There's a very simple test. Imagine you had all the money. Would you still do this thing? And like But the other the other the dangerous thing about that logic So Ryan Holiday has this great daily stoic podcast and re recently he had,

in order to justify doing something that we're actually doing for the money, but we don't wanna say we're doing it for the money. We wanna say we're doing it for all these other reasons. There's a very simple test. Imagine you had all the money. Would you still do this thing? And like But the other the other the dangerous thing about that logic So Ryan Holiday has this great daily stoic podcast and re recently he had,

16:34

excerpt from Steven Pressfield's book. He's got all these books about kind of discovering your thing and your mastery and art and all this kind of stuff. And he talks about how people get addicted

excerpt from Steven Pressfield's book. He's got all these books about kind of discovering your thing and your mastery and art and all this kind of stuff. And he talks about how people get addicted

16:45

to patterns. So people can be addicted to,

to patterns. So people can be addicted to,

16:49

love. They can be addicted to money. They can be addicted to, you know, any almost anything. And the question I always ask myself is I might love

love. They can be addicted to money. They can be addicted to, you know, any almost anything. And the question I always ask myself is I might love

16:59

designing the website or I might love going to the Shopify

designing the website or I might love going to the Shopify

17:02

stats and seeing the sales or doing the Airbnb management,

stats and seeing the sales or doing the Airbnb management,

17:06

but is that just me addicted to those dopamine hits distracting myself from my greater purpose? Right, from doing something where I have mastery that's new. Am I just going back to the same thing? Right? Like you guys know the joy. There's this amazing confirmation bias joy of reading a book and hearing something you already know confirmed over and over and over again. I'll do this with like, value investing books. Right? And I'll go, oh, I already know that. I do that. I feel good. Right? That's actually a waste of time. And so that's the flip side of it. The the other one is

but is that just me addicted to those dopamine hits distracting myself from my greater purpose? Right, from doing something where I have mastery that's new. Am I just going back to the same thing? Right? Like you guys know the joy. There's this amazing confirmation bias joy of reading a book and hearing something you already know confirmed over and over and over again. I'll do this with like, value investing books. Right? And I'll go, oh, I already know that. I do that. I feel good. Right? That's actually a waste of time. And so that's the flip side of it. The the other one is

17:37

My buddy told me this when I when I'd been working on my startup for six or seven years

My buddy told me this when I when I'd been working on my startup for six or seven years

17:42

and he was like,

and he was like,

17:44

He's like, he told me he's like, you know, I just don't get what you're doing. I was like, well, what do you mean? It's I can explain it. And he's like, no. Not the logic of it. He's like, I just feel like let me ask you a question. If this all went away,

He's like, he told me he's like, you know, I just don't get what you're doing. I was like, well, what do you mean? It's I can explain it. And he's like, no. Not the logic of it. He's like, I just feel like let me ask you a question. If this all went away,

17:54

is this what you would sign up to go do? Like, would you basically, like, like, take the example of the guy I was talking to. If you got if you weren't doing this job, Is it would you just apply for this job here?

is this what you would sign up to go do? Like, would you basically, like, like, take the example of the guy I was talking to. If you got if you weren't doing this job, Is it would you just apply for this job here?

18:04

No. You would go do something completely different. Like, you're here because you got acquired. Did there You're hearing now fast forward three, four years later. You're still here doing the same job. But if I took this job away, you would never go to a job posting and apply for this job. And he's and so he was explaining that. He's like, you know, inertia is just a bitch. He's like, whatever your an object in motion will stay in motion. Whatever you're doing, you're probably

No. You would go do something completely different. Like, you're here because you got acquired. Did there You're hearing now fast forward three, four years later. You're still here doing the same job. But if I took this job away, you would never go to a job posting and apply for this job. And he's and so he was explaining that. He's like, you know, inertia is just a bitch. He's like, whatever your an object in motion will stay in motion. Whatever you're doing, you're probably

18:24

Most likely you're doing it because you were already doing it, not because you think it's the thing you actually should do in most cases. And so you gotta be really aware of that. Alright.

Most likely you're doing it because you were already doing it, not because you think it's the thing you actually should do in most cases. And so you gotta be really aware of that. Alright.

18:33

So what's yours?

So what's yours?

18:34

Okay. So,

Okay. So,

18:36

wait, what is the category even? What are we in? Your biggest l. My biggest l. Okay. I have one that's so sort of like yours. I was chased pennies in a dollar game. So

wait, what is the category even? What are we in? Your biggest l. My biggest l. Okay. I have one that's so sort of like yours. I was chased pennies in a dollar game. So

18:43

I recently moved

I recently moved

18:45

and,

and,

18:46

your boy rents. I'm a renter. And so I moved from one rental to another,

your boy rents. I'm a renter. And so I moved from one rental to another,

18:50

new house, and I was like, oh, I love this. I could just, like, move whenever I want. Don't have to worry about anything. Just call the movers. I broke my lease. I just moved.

new house, and I was like, oh, I love this. I could just, like, move whenever I want. Don't have to worry about anything. Just call the movers. I broke my lease. I just moved.

18:58

But, my landlord came in and,

But, my landlord came in and,

19:01

first, you know, did a walk through of the place when I was there. You know,

first, you know, did a walk through of the place when I was there. You know,

19:05

we talked about his his, you know, his family, his history in this house, shook hands in the garage, said, you know, it's been nice having you. Alright. See you later. You know, don't worry about all this stuff. Everything looks fine.

we talked about his his, you know, his family, his history in this house, shook hands in the garage, said, you know, it's been nice having you. Alright. See you later. You know, don't worry about all this stuff. Everything looks fine.

19:16

Three weeks later, he hits me with, like, a twenty or thirty thousand dollar bill.

Three weeks later, he hits me with, like, a twenty or thirty thousand dollar bill.

19:20

And,

And,

19:21

at least twenty thousand. He gives me with the extra twenty thousand dollar bill on the move out for, like, you know,

at least twenty thousand. He gives me with the extra twenty thousand dollar bill on the move out for, like, you know,

19:27

scratches. And, like, you know, stuff like Was he right? No. He was not right. It was and he had he's a lawyer. So he had baked into the lease that, like, hey,

scratches. And, like, you know, stuff like Was he right? No. He was not right. It was and he had he's a lawyer. So he had baked into the lease that, like, hey,

19:35

Anything that's associated with the move out is your cost. Like, for example, if I fly to California to observe the move out, You have to pay for my flights, my hotels, my food, my this, my, like, there's a shit in there that was, like, not, like, it's I didn't damage the property. It was just, like, extra stuff. But he had put it in the lease. I had signed the lease because, like, you know, like, Andrew, I don't really I

Anything that's associated with the move out is your cost. Like, for example, if I fly to California to observe the move out, You have to pay for my flights, my hotels, my food, my this, my, like, there's a shit in there that was, like, not, like, it's I didn't damage the property. It was just, like, extra stuff. But he had put it in the lease. I had signed the lease because, like, you know, like, Andrew, I don't really I

19:56

I don't really read it or if I read it, I'm not gonna read it. What are words? Yeah. Yeah. It's like, you know, I'm optimistic at the beginning of things. I'm like, this is gonna go great. He he's gonna be a chill dude just like I would be. Well, he's never gonna hold me to any of these things. And, like, sure enough, he held me to the letter of the law on every single thing. And so he so I decide

I don't really read it or if I read it, I'm not gonna read it. What are words? Yeah. Yeah. It's like, you know, I'm optimistic at the beginning of things. I'm like, this is gonna go great. He he's gonna be a chill dude just like I would be. Well, he's never gonna hold me to any of these things. And, like, sure enough, he held me to the letter of the law on every single thing. And so he so I decide

20:13

to do something that we talked about on this, on this podcast I decided to take him to petty court. And so a lawyer a guy who listens to the pot who's a lawyer reaches out. He's like, yo, I heard about the landlord thing.

to do something that we talked about on this, on this podcast I decided to take him to petty court. And so a lawyer a guy who listens to the pot who's a lawyer reaches out. He's like, yo, I heard about the landlord thing.

20:24

I'm ready to fight to the death on this for free. And I was like, let's do this. And so in my head, I was like, I'm gonna fight this twenty grand. Got this lawyer now. It's got Troy, you know, he's a great dude.

I'm ready to fight to the death on this for free. And I was like, let's do this. And so in my head, I was like, I'm gonna fight this twenty grand. Got this lawyer now. It's got Troy, you know, he's a great dude.

20:35

Got to know him a little bit through this process, but we try fighting back. We and The problem is I'm going against

Got to know him a little bit through this process, but we try fighting back. We and The problem is I'm going against

20:41

an eighty seven year old retired lawyer who's got nothing not but time on his hands.

an eighty seven year old retired lawyer who's got nothing not but time on his hands.

20:46

He this is probably the biggest thrill he's had in thirty seven years

He this is probably the biggest thrill he's had in thirty seven years

20:49

to fight and be and, you know, like, look up every California statue and he sends me these packets of, like, forty seven documents. He sends me CD Roms full of photos of the property. I'm like, dude, I don't have a CD player to put this in. What about how am I supposed to see these photos? And he's just sending me letter after letter. And he's

to fight and be and, you know, like, look up every California statue and he sends me these packets of, like, forty seven documents. He sends me CD Roms full of photos of the property. I'm like, dude, I don't have a CD player to put this in. What about how am I supposed to see these photos? And he's just sending me letter after letter. And he's

21:07

I took a guy to petty court,

I took a guy to petty court,

21:09

who is, like, the king of petty court.

who is, like, the king of petty court.

21:11

And in the end, I end up paying the full amount just by saying f it. And I'm like, because I'm like, dude, I'm wasting my time. I'm wasting this lawyer's time. I might say this old guy's time, but he's got infinite time. And,

And in the end, I end up paying the full amount just by saying f it. And I'm like, because I'm like, dude, I'm wasting my time. I'm wasting this lawyer's time. I might say this old guy's time, but he's got infinite time. And,

21:24

he is built for this, whereas I should have just wrote this twenty k check and just moved on with my life. Five weeks ago. And I knew it because at night,

he is built for this, whereas I should have just wrote this twenty k check and just moved on with my life. Five weeks ago. And I knew it because at night,

21:31

right before I was going to sleep, I was up I was like, oh, shit. I didn't respond to that fucking subpoena. He sent me, basically, there's like giant package of letters. I was like, okay. I'm gonna call him. I'm gonna say this. He's gonna say that. And I was like imagining this whole debate in my head. I was like, dude, what a waste of mental space. And once I finally had that realization that I was playing a small boy game by losing my mental

right before I was going to sleep, I was up I was like, oh, shit. I didn't respond to that fucking subpoena. He sent me, basically, there's like giant package of letters. I was like, okay. I'm gonna call him. I'm gonna say this. He's gonna say that. And I was like imagining this whole debate in my head. I was like, dude, what a waste of mental space. And once I finally had that realization that I was playing a small boy game by losing my mental

21:53

like, my mental space in my head that could be done used on productive things in order to be in petty court. I wrote the check and I moved all of my life. Dude, I think it's worth fighting those things, by the way. No. No. It's what, dude. You know, it's what, you just

like, my mental space in my head that could be done used on productive things in order to be in petty court. I wrote the check and I moved all of my life. Dude, I think it's worth fighting those things, by the way. No. No. It's what, dude. You know, it's what, you just

22:07

going to war for the sake of war is worth it. I had the Sam on my shoulder and I had the Andrew on my shoulder and I listened to the and I should have never listened to the Sam. I wasted four weeks of my life. That's like you're you're like a bull in a China shop and there's this tiny little fly buzzing on you and you just have to ignore it. There's a great quote on this that someone said to me once when I was going through something similar and the guy said never wrestle a pig you'll both get dirty, but the pig will enjoy it. Yeah. That's no point. There's no point. Yeah. But I'm the pig here. I'm the pig here.

going to war for the sake of war is worth it. I had the Sam on my shoulder and I had the Andrew on my shoulder and I listened to the and I should have never listened to the Sam. I wasted four weeks of my life. That's like you're you're like a bull in a China shop and there's this tiny little fly buzzing on you and you just have to ignore it. There's a great quote on this that someone said to me once when I was going through something similar and the guy said never wrestle a pig you'll both get dirty, but the pig will enjoy it. Yeah. That's no point. There's no point. Yeah. But I'm the pig here. I'm the pig here.

22:40

Well, I I had and, Sean, I had the you you know my situation. I I had something like this go on this year too. And I texted Andrew. I go, what do I do? And he said, the same thing. He goes, don't wrestle with pigs or whatever this fucking biblical shit. And I bought into it, and it eats me it eats me every night that someone that someone got someone I got got.

Well, I I had and, Sean, I had the you you know my situation. I I had something like this go on this year too. And I texted Andrew. I go, what do I do? And he said, the same thing. He goes, don't wrestle with pigs or whatever this fucking biblical shit. And I bought into it, and it eats me it eats me every night that someone that someone got someone I got got.

23:00

You there's what's the Charlie Munger calls it, the rats in the granary. Right? If you own a granary, you have a big warehouse full of grain, there's gonna be rats. You can keep killing them over and over again, but they're gonna always come back and it's better to just accept that there's rats out there.

You there's what's the Charlie Munger calls it, the rats in the granary. Right? If you own a granary, you have a big warehouse full of grain, there's gonna be rats. You can keep killing them over and over again, but they're gonna always come back and it's better to just accept that there's rats out there.

23:17

Fab you got rats in your granary, bro.

Fab you got rats in your granary, bro.

23:25

Alright. Let's do the let's do the duplicate. Let's go to the next one. Okay. Cool.

Alright. Let's do the let's do the duplicate. Let's go to the next one. Okay. Cool.

23:29

Alright. Let's go to the next category. Let's do We're gonna do breakout company, which is sort of the sexy one. And then let's do the unsexy business of the year. So we'll do we'll do both. First, let's do the, the breakout company of the year.

Alright. Let's go to the next category. Let's do We're gonna do breakout company, which is sort of the sexy one. And then let's do the unsexy business of the year. So we'll do we'll do both. First, let's do the, the breakout company of the year.

23:42

Andrew, you wanna go first?

Andrew, you wanna go first?

23:44

Yeah. I mean, this is so obvious, but I and I I came up with a few others, but I just I feel like this is the one the same obviously. Where everyone's gonna say is the sloppishly eye. Open AI

Yeah. I mean, this is so obvious, but I and I I came up with a few others, but I just I feel like this is the one the same obviously. Where everyone's gonna say is the sloppishly eye. Open AI

23:54

open AI g p t three is shocking. I think this is like a watershed moment.

open AI g p t three is shocking. I think this is like a watershed moment.

23:59

And,

And,

24:00

I there's nothing else. I've I haven't seen anything like this in probably ten years.

I there's nothing else. I've I haven't seen anything like this in probably ten years.

24:05

I have two words for you guys that that will change your opinion.

I have two words for you guys that that will change your opinion.

24:08

Yeah. Liver

Yeah. Liver

24:10

King.

King.

24:12

What?

What?

24:13

This guy called his shot man. That's the true break. You're gonna tell me that that what, dude, when you have Elon Musk and Sam Altman at ten billion dollars, that's not a breakout company. That that's not a breakout. That's just that's a company that they they are who we thought they were. They did exactly what we thought they were gonna do. That that doesn't count as a breakout. Well, you're saying you expected you expected. Like, when I I remember a friend of mine called me about a month before they released the chat, and was like, oh my god, it's amazing. And I kind of rolled my eyes. You know, I didn't wasn't super excited about it, but I have not seen anything this crazy in a very long time. I mean, obviously, Dolly and stuff is insane too, but the chat, it's just nuts. I've actually stopped using Google a lot of the time and started using the chat. Do well, look, they you took the nerdiest of nerds, the smartest guys on earth, and you gave him ten billion dollars and you locked him in a room for six years. Yeah. But, like, if you if I was, like, if it was if it was nineteen forty five and you're like, what's the breakout project of the year? And I'm like, it's the Manhattan project. And you're like, oh, well, they got billions of dollars and whatever still fucking crazy. They made a nuclear bomb. It's crazy. This is like a nuclear bomb moment.

This guy called his shot man. That's the true break. You're gonna tell me that that what, dude, when you have Elon Musk and Sam Altman at ten billion dollars, that's not a breakout company. That that's not a breakout. That's just that's a company that they they are who we thought they were. They did exactly what we thought they were gonna do. That that doesn't count as a breakout. Well, you're saying you expected you expected. Like, when I I remember a friend of mine called me about a month before they released the chat, and was like, oh my god, it's amazing. And I kind of rolled my eyes. You know, I didn't wasn't super excited about it, but I have not seen anything this crazy in a very long time. I mean, obviously, Dolly and stuff is insane too, but the chat, it's just nuts. I've actually stopped using Google a lot of the time and started using the chat. Do well, look, they you took the nerdiest of nerds, the smartest guys on earth, and you gave him ten billion dollars and you locked him in a room for six years. Yeah. But, like, if you if I was, like, if it was if it was nineteen forty five and you're like, what's the breakout project of the year? And I'm like, it's the Manhattan project. And you're like, oh, well, they got billions of dollars and whatever still fucking crazy. They made a nuclear bomb. It's crazy. This is like a nuclear bomb moment.

25:20

It's just like my expectations

It's just like my expectations

25:22

They met my expectations.

They met my expectations.

25:24

Like, if this were

Like, if this were

25:27

if this were, like, if this like a second grade report report report card. It would definitely be, like, met expectations. There would not be there would not be, like, yeah.

if this were, like, if this like a second grade report report report card. It would definitely be, like, met expectations. There would not be there would not be, like, yeah.

25:37

Yeah. This this is not an exceed. They

Yeah. This this is not an exceed. They

25:40

I kind of felt

I kind of felt

25:41

like it was a goofy project that was like, oh, you know, Google Apple, all these other people, they're gonna do this. For, you know, they have a huge incentive, profit incentive. These guys are going like non profit when they first started, and it's kind of like all about openness.

like it was a goofy project that was like, oh, you know, Google Apple, all these other people, they're gonna do this. For, you know, they have a huge incentive, profit incentive. These guys are going like non profit when they first started, and it's kind of like all about openness.

25:56

And whatever. It's morphed into something that I didn't didn't expect, and I certainly didn't expect it to do as well as it did given all the star power. I think often Think about like super groups. Super groups are usually not that good. It was like a super group. Yeah. I mean, the avengers worked out. But, yeah, I feel you. I I feel you. You mean, like, in music. Those your your your breakout person or company is Liberty. Nice. Call this shot. Not AI.

And whatever. It's morphed into something that I didn't didn't expect, and I certainly didn't expect it to do as well as it did given all the star power. I think often Think about like super groups. Super groups are usually not that good. It was like a super group. Yeah. I mean, the avengers worked out. But, yeah, I feel you. I I feel you. You mean, like, in music. Those your your your breakout person or company is Liberty. Nice. Call this shot. Not AI.

26:26

I mean, yeah. We're Andrew Tate, but yeah. One of those guys. Do you wanna know how they called us out? We did an episode where we detailed the the leaked emails from the Liberty where he's like, yo. I'm gonna take a bunch of steroids. I'm gonna build this brand and then I'm gonna sell, like, hundred million dollars worth of products. That's what I'm gonna do, and then he So

I mean, yeah. We're Andrew Tate, but yeah. One of those guys. Do you wanna know how they called us out? We did an episode where we detailed the the leaked emails from the Liberty where he's like, yo. I'm gonna take a bunch of steroids. I'm gonna build this brand and then I'm gonna sell, like, hundred million dollars worth of products. That's what I'm gonna do, and then he So

26:43

That's so much more dope. Alright. Let me merge the two. So, Sam, you like the call your shotness.

That's so much more dope. Alright. Let me merge the two. So, Sam, you like the call your shotness.

26:48

Andrew, you're like, wow. Open out, like,

Andrew, you're like, wow. Open out, like,

26:51

Sam Altman, you guys have done something magical.

Sam Altman, you guys have done something magical.

26:54

I'm gonna give you a called shot that I think is kind of unbelievable, to be honest with you. Okay. So

I'm gonna give you a called shot that I think is kind of unbelievable, to be honest with you. Okay. So

27:00

Paul Graham is gonna win my award here for calling the the the the call your shot moment. So

Paul Graham is gonna win my award here for calling the the the the call your shot moment. So

27:06

back in two thousand and nine, Paul Graham wrote a blog post. So this is now

back in two thousand and nine, Paul Graham wrote a blog post. So this is now

27:11

what? Like, thirteen years ago or something like that?

what? Like, thirteen years ago or something like that?

27:14

Paul Graham writes a blog post. It's called if you go to paulgram dot com slash five founders, the number five in the founders. He he says inc dot com recently asked me about five most interesting founders are the last thirty years.

Paul Graham writes a blog post. It's called if you go to paulgram dot com slash five founders, the number five in the founders. He he says inc dot com recently asked me about five most interesting founders are the last thirty years.

27:25

He goes, how do you decide who's interesting? I I think it's influence, you know, who are the five who influenced me the most? Who do I use as examples when I'm talking to companies that I'm funding? Who do I find myself quoting and it's everybody you would expect. It's Steve Jobs. Is number one? He's got Larry and Sergei from Google.

He goes, how do you decide who's interesting? I I think it's influence, you know, who are the five who influenced me the most? Who do I use as examples when I'm talking to companies that I'm funding? Who do I find myself quoting and it's everybody you would expect. It's Steve Jobs. Is number one? He's got Larry and Sergei from Google.

27:40

He's got, like, his buddy, but, Paul Boukite, who

He's got, like, his buddy, but, Paul Boukite, who

27:44

invented Gmail

invented Gmail

27:45

and also wrote the first prototype for AdSense and gave Google the mantra of don't be evil. Okay. Everything's expected so far. And number five, he says Sam Altman.

and also wrote the first prototype for AdSense and gave Google the mantra of don't be evil. Okay. Everything's expected so far. And number five, he says Sam Altman.

27:54

He goes, I was told I shouldn't mention Who at the who at the time, by the way, was twenty two, I think. Right? Yeah. Exactly. At the time, he's probably twenty one or twenty two years old. And he was wearing he was wearing double pop neon colors, the Steve Jobs. Exactly. Put. Very embarrassing. Put up a photo of of him doing this,

He goes, I was told I shouldn't mention Who at the who at the time, by the way, was twenty two, I think. Right? Yeah. Exactly. At the time, he's probably twenty one or twenty two years old. And he was wearing he was wearing double pop neon colors, the Steve Jobs. Exactly. Put. Very embarrassing. Put up a photo of of him doing this,

28:12

announcement at the at the Apple conference where he's wearing a double polo

announcement at the at the Apple conference where he's wearing a double polo

28:17

neon popped collar

neon popped collar

28:19

it's it's really incredible.

it's it's really incredible.

28:21

You wouldn't think that that guy's gonna rule the world, but he but but Paul Graham knew that he would. So he's here's what he wrote about Sam Allman back in two thousand nine. He goes, I shouldn't mention a YC founder.

You wouldn't think that that guy's gonna rule the world, but he but but Paul Graham knew that he would. So he's here's what he wrote about Sam Allman back in two thousand nine. He goes, I shouldn't mention a YC founder.

28:30

But Sam Aldman cannot be stopped by flimsy rules. If he wants to be on this list, he is going to be. Honestly, Sam is, along with Steve Jobs, the founder I refer to most when I'm advising startups.

But Sam Aldman cannot be stopped by flimsy rules. If he wants to be on this list, he is going to be. Honestly, Sam is, along with Steve Jobs, the founder I refer to most when I'm advising startups.

28:41

On question of design, I ask, what would Steve do? But on a question of strategy or ambition, I ask, what would Samma do?

On question of design, I ask, what would Steve do? But on a question of strategy or ambition, I ask, what would Samma do?

28:48

What when what I learned meeting, Samma, is that the doctrine applies. The doctrine of the elect applies to start up. It applies in a way that that it applies way less than most people think. Start of investing is not about picking winners you think might win a horse race because there are a few people with such force of will that they are going to get whatever they want. And now you fast forward thirteen years.

What when what I learned meeting, Samma, is that the doctrine applies. The doctrine of the elect applies to start up. It applies in a way that that it applies way less than most people think. Start of investing is not about picking winners you think might win a horse race because there are a few people with such force of will that they are going to get whatever they want. And now you fast forward thirteen years.

29:09

Yeah. The guy, you know, basically creates this, you know, what's gonna be a a multi a multi hundred billion dollar company Open AI

Yeah. The guy, you know, basically creates this, you know, what's gonna be a a multi a multi hundred billion dollar company Open AI

29:16

and brings, you know, one of the most magical,

and brings, you know, one of the most magical,

29:19

technical, like magical you know, technology experiences, which is if you're if you're using Dolly or or GPT three, he created And he wasn't even that successful back then, by the way. I don't think he had I think he I think he had sold the company, but he sold the money for less than they raised. I don't think he sold it even at that point. So let me see. When it was called Luke. Yeah. It was looped. And I think they may they sold it for about forty three million dollars. He sold it three years later. So this was he was at the beginning of looped. He sold it for forty three million. And,

technical, like magical you know, technology experiences, which is if you're if you're using Dolly or or GPT three, he created And he wasn't even that successful back then, by the way. I don't think he had I think he I think he had sold the company, but he sold the money for less than they raised. I don't think he sold it even at that point. So let me see. When it was called Luke. Yeah. It was looped. And I think they may they sold it for about forty three million dollars. He sold it three years later. So this was he was at the beginning of looped. He sold it for forty three million. And,

29:48

and I think and I I remember reading about the sale. There was some there's some interesting stuff about how he,

and I think and I I remember reading about the sale. There was some there's some interesting stuff about how he,

29:53

Like, they sold it from less than it than it it was funded for. Right? Which is like, you know, considered an l.

Like, they sold it from less than it than it it was funded for. Right? Which is like, you know, considered an l.

29:59

But he

But he

30:00

But he sold it in a way that he was able to pocket a few million bucks. He then invested in Airbnb

But he sold it in a way that he was able to pocket a few million bucks. He then invested in Airbnb

30:05

right away and was the first seed investor in Airbnb. He's got this he went on kind of an epic run post that.

right away and was the first seed investor in Airbnb. He's got this he went on kind of an epic run post that.

30:12

Yeah, he's a crazy guy. Yeah. I think that's, that that's gotta be the breakout is I agree maybe Sam Altman this time can beat the Liver King,

Yeah, he's a crazy guy. Yeah. I think that's, that that's gotta be the breakout is I agree maybe Sam Altman this time can beat the Liver King,

30:21

but it's close.

but it's close.

30:23

We can all agree,

We can all agree,

30:24

you

you

30:25

know, tomato Motto. The most impressive thing about Liver King is he's not a good looking dude.

know, tomato Motto. The most impressive thing about Liver King is he's not a good looking dude.

30:30

Like, some of these guys, you see in their influencers, and they're like super jacked and handsome. He's not a good look. He's my example. When I say, I I I told Saiho Bloom this because Saiho Bloom is like the good looking version of me. I was like, hey, if I can't be good looking, I'm gonna be interesting looking. And, that's what the Liver King did. He's not good looking, but he decided to be really fucking interesting looking, and that works just as well.

Like, some of these guys, you see in their influencers, and they're like super jacked and handsome. He's not a good look. He's my example. When I say, I I I told Saiho Bloom this because Saiho Bloom is like the good looking version of me. I was like, hey, if I can't be good looking, I'm gonna be interesting looking. And, that's what the Liver King did. He's not good looking, but he decided to be really fucking interesting looking, and that works just as well.

30:52

I then we'll have to go with Sam Altman gets it this time. Alright. Let's do unsexy business.

I then we'll have to go with Sam Altman gets it this time. Alright. Let's do unsexy business.

30:59

I'll I didn't even know what you meant by that. Well, you go first. And unsexy business is like when we do our our blue collie, blue collar

I'll I didn't even know what you meant by that. Well, you go first. And unsexy business is like when we do our our blue collie, blue collar

31:06

billy of the week. What do we call this shit? The blue collar side hustle? It's like a a business that's not artificial intelligence or flying cars or whatever. It's just like

billy of the week. What do we call this shit? The blue collar side hustle? It's like a a business that's not artificial intelligence or flying cars or whatever. It's just like

31:15

a boring unsexy business. How are you confused by this? This is like the premise of our podcast. I don't know. Alright. Well, to to

a boring unsexy business. How are you confused by this? This is like the premise of our podcast. I don't know. Alright. Well, to to

31:22

what podcast?

what podcast?

31:24

And so what what what's yours? Alright. I'm gonna go with

And so what what what's yours? Alright. I'm gonna go with

31:28

I could go with, egg cartons, but I think I've kinda beat that one to death, the egg cartons dot com. If you haven't heard me rant about that, go go look up that episode. That is honestly, that is the most remarkable one, this woman, Sarah Moore. But if not that, I'm gonna go with one. We haven't talked about that much on here. It's called aunt flo. Have you have you heard of this business?

I could go with, egg cartons, but I think I've kinda beat that one to death, the egg cartons dot com. If you haven't heard me rant about that, go go look up that episode. That is honestly, that is the most remarkable one, this woman, Sarah Moore. But if not that, I'm gonna go with one. We haven't talked about that much on here. It's called aunt flo. Have you have you heard of this business?

31:47

No. So what aunt flow? Are you saying the word aunt? Like, aunt?

No. So what aunt flow? Are you saying the word aunt? Like, aunt?

31:51

I am saying the word aunt? Yeah. Ant flow. Okay.

I am saying the word aunt? Yeah. Ant flow. Okay.

31:54

Alright. You could say it your way. Sorry. I just wanted to make sure that this the it's the word that we're used. Okay. Yeah. So Antflow.

Alright. You could say it your way. Sorry. I just wanted to make sure that this the it's the word that we're used. Okay. Yeah. So Antflow.

31:59

So Antflow is

So Antflow is

32:01

a business that is basically

a business that is basically

32:04

It's

It's

32:05

period products. I don't know how I'm supposed to say this, but for,

period products. I don't know how I'm supposed to say this, but for,

32:09

it's period products. So basically, you go to a public restroom inside of any university, stadium, whatever.

it's period products. So basically, you go to a public restroom inside of any university, stadium, whatever.

32:14

In the women's restroom, they,

In the women's restroom, they,

32:17

should have. And then now in many states, they're mandating that you have to have you know, tampons, pads, products for women. And so,

should have. And then now in many states, they're mandating that you have to have you know, tampons, pads, products for women. And so,

32:26

normally, these were coming in

normally, these were coming in

32:28

a dusty

a dusty

32:30

raggedy container,

raggedy container,

32:31

with, like, really poor hygiene. You gotta, like, open the thing, and everyone's, like, trying to use toilet paper to, like, touch the thing to open it, and it's, like, really gross. I mean, this is like, you know, there's like literally like blood on these products. So it's it's not not like a very it's not not something that you wanna touch. It's not a sexy experience. And what she did was she brought a sexy experience to a very unsexy industry. So if you'll go look at their dispensers,

with, like, really poor hygiene. You gotta, like, open the thing, and everyone's, like, trying to use toilet paper to, like, touch the thing to open it, and it's, like, really gross. I mean, this is like, you know, there's like literally like blood on these products. So it's it's not not like a very it's not not something that you wanna touch. It's not a sexy experience. And what she did was she brought a sexy experience to a very unsexy industry. So if you'll go look at their dispensers,

32:53

they basically made like the Tesla of of dispensers. And they install it on the wall. It's got this great brand. She's this great founder, and they are just cleaning up. So they are getting contacts with universities with what and these are multi year contracts. It's installed on the wall. This thing is never gonna get changed. It's gonna be no churn is my prediction.

they basically made like the Tesla of of dispensers. And they install it on the wall. It's got this great brand. She's this great founder, and they are just cleaning up. So they are getting contacts with universities with what and these are multi year contracts. It's installed on the wall. This thing is never gonna get changed. It's gonna be no churn is my prediction.

33:12

And it's sort of like they they install the dispenser, and then they you have to buy the products as they as they're used or as they've run out.

And it's sort of like they they install the dispenser, and then they you have to buy the products as they as they're used or as they've run out.

33:18

And,

And,

33:19

And she calls herself the CEO, the chief estrogen officer. She's just gone all in on, like, building this company as a woman led company that's like, making this one kind of crappy experience better. And I asked her, I was like, did you invest in this? Yeah. I was like, I've never been in a woman's restroom before,

And she calls herself the CEO, the chief estrogen officer. She's just gone all in on, like, building this company as a woman led company that's like, making this one kind of crappy experience better. And I asked her, I was like, did you invest in this? Yeah. I was like, I've never been in a woman's restroom before,

33:36

What's the current? Like, who's the incumbent? Who who are you competing against? And she's like, literally, it's a guy named, like, a brand called Bob and Rick. And, like, Bob and Rick's dispensers are like the thing. And, you know, it's this terrible experience that we're making it better. And so they're at, like, you know, they're definitely, you know, sort of like high seven figures,

What's the current? Like, who's the incumbent? Who who are you competing against? And she's like, literally, it's a guy named, like, a brand called Bob and Rick. And, like, Bob and Rick's dispensers are like the thing. And, you know, it's this terrible experience that we're making it better. And so they're at, like, you know, they're definitely, you know, sort of like high seven figures,

33:55

run rate where they have all these great contracts and that, you know, they're they're the official dispenser for all the Apple stores

run rate where they have all these great contracts and that, you know, they're they're the official dispenser for all the Apple stores

34:02

and for, like, you know, the whole state of, you know, I don't know, Utah or whatever. Some state that's like mandated this can happen. And I think once one state does it, all these states are gonna do it. So I think they're very well positioned to take a very boring niche and build a pretty bad ass business. And she's a teal fellow. Only twenty five years old. Yeah. Claire Coder, I think her name is. That's right. That's a good one. Do you have one, Andrew?

and for, like, you know, the whole state of, you know, I don't know, Utah or whatever. Some state that's like mandated this can happen. And I think once one state does it, all these states are gonna do it. So I think they're very well positioned to take a very boring niche and build a pretty bad ass business. And she's a teal fellow. Only twenty five years old. Yeah. Claire Coder, I think her name is. That's right. That's a good one. Do you have one, Andrew?

34:24

Yeah. Okay. So,

Yeah. Okay. So,

34:26

hotels are constantly trying to save money, especially chains.

hotels are constantly trying to save money, especially chains.

34:30

And I don't know if you've ever gone to like a hotel chain. You'll notice that on the wall. If it's like a cheaper one, they'll have like dispensers for shampoo and soap, and it's all refillable.

And I don't know if you've ever gone to like a hotel chain. You'll notice that on the wall. If it's like a cheaper one, they'll have like dispensers for shampoo and soap, and it's all refillable.

34:39

Right? So the idea is, like, you used to go to a hotel, and there'd be a bar of soap in a box and you open the bar of soap and you use it to clean your ass and then they have to throw it away. Right? So,

Right? So the idea is, like, you used to go to a hotel, and there'd be a bar of soap in a box and you open the bar of soap and you use it to clean your ass and then they have to throw it away. Right? So,

34:50

it's a huge waste they're constantly throwing money away. And so hotels have moved to these refillable things. But one thing that,

it's a huge waste they're constantly throwing money away. And so hotels have moved to these refillable things. But one thing that,

34:59

they can't do is toilet paper. So when you go and there's a full roll of toilet paper and you use some of it, you know, no one wants to go into a hotel and be like, oh, what the heck? There's like a little bit of toilet paper left. There's obvious someone

they can't do is toilet paper. So when you go and there's a full roll of toilet paper and you use some of it, you know, no one wants to go into a hotel and be like, oh, what the heck? There's like a little bit of toilet paper left. There's obvious someone

35:12

just here who used it. And so there's someone I just heard about this business. It hasn't launched yet, but I thought it was fascinating. Basically,

just here who used it. And so there's someone I just heard about this business. It hasn't launched yet, but I thought it was fascinating. Basically,

35:19

It's a dispenser for toilet paper. So it's on it actually embeds in the wall and you basically pull out almost like you would clean x perfectly portion,

It's a dispenser for toilet paper. So it's on it actually embeds in the wall and you basically pull out almost like you would clean x perfectly portion,

35:29

toilet paper. And I don't think this would necessarily work at, like, a four seasons or a high end place, but certainly for like a Marriott or a Hilton, I think they could save tons of money. So I thought that was just incredibly boring and,

toilet paper. And I don't think this would necessarily work at, like, a four seasons or a high end place, but certainly for like a Marriott or a Hilton, I think they could save tons of money. So I thought that was just incredibly boring and,

35:40

quite interesting.

quite interesting.

35:41

That's a great Alright. That's a good one. There was there was one that got big doing that with, with the shampoo bottles back in the day. They would take the

That's a great Alright. That's a good one. There was there was one that got big doing that with, with the shampoo bottles back in the day. They would take the

35:48

once used shampoo bottle and they would recycle it, basically. And they they were just like, Hey. Hotel will pay you nothing for it, but we'll come collect it for you. We'll just take it off your hands because you're just this is just trash for you. They created this out of that. So have you guys invested in any boring businesses? Like, I, you know, I gave Nick Cuba a little bit of money. I think you did.

once used shampoo bottle and they would recycle it, basically. And they they were just like, Hey. Hotel will pay you nothing for it, but we'll come collect it for you. We'll just take it off your hands because you're just this is just trash for you. They created this out of that. So have you guys invested in any boring businesses? Like, I, you know, I gave Nick Cuba a little bit of money. I think you did.

36:06

What else? What other boring stuff have you guys done? I mean, in streaming. So they buy, you know, a lot of kind of boring businesses.

What else? What other boring stuff have you guys done? I mean, in streaming. So they buy, you know, a lot of kind of boring businesses.

36:14

Well, that's kind of tech. I mean, like, I mean, like brick and mortar.

Well, that's kind of tech. I mean, like, I mean, like brick and mortar.

36:20

Development of real estate.

Development of real estate.

36:22

Like, town halls. I feel like we it's weird because I feel like half of what we talk about on this podcast is like these boring brick and mortar businesses and yet we like and we like fetishize them we don't own that many of them. Like, I've Do you own any of them? Look.

Like, town halls. I feel like we it's weird because I feel like half of what we talk about on this podcast is like these boring brick and mortar businesses and yet we like and we like fetishize them we don't own that many of them. Like, I've Do you own any of them? Look.

36:35

Yeah. I own a,

Yeah. I own a,

36:37

an air, air ambulance business.

an air, air ambulance business.

36:40

I, you know, I own a deli and bakery,

I, you know, I own a deli and bakery,

36:43

bunch of kind of restaurants and that kind of stuff. Wait. What the I wanna get air ambulance. Oh, like helicopter. Air ambulance. If you're like in Mexico and you need to be brought home and you've, you've had a surgery or something, we facilitate that.

bunch of kind of restaurants and that kind of stuff. Wait. What the I wanna get air ambulance. Oh, like helicopter. Air ambulance. If you're like in Mexico and you need to be brought home and you've, you've had a surgery or something, we facilitate that.

36:55

It's a very good business But I really want more of those things. So if you guys ever thought about, like, starting, like, a fund around that or something, because I feel like it made a lot of work. You know, it was made funny. It's kinda like casual countries. Yeah. I like to visit. I don't really live there.

It's a very good business But I really want more of those things. So if you guys ever thought about, like, starting, like, a fund around that or something, because I feel like it made a lot of work. You know, it was made funny. It's kinda like casual countries. Yeah. I like to visit. I don't really live there.

37:10

Yeah. You don't have to operate. You don't have to operate. It's just to invest in all these cash flowing, boring businesses.

Yeah. You don't have to operate. You don't have to operate. It's just to invest in all these cash flowing, boring businesses.

37:16

Whenever people talk about that, I'm like, where do you find that? Like, like, do you go into eBay? Like, where do you, like, where do you find this air ambulance thing. You know what I mean?

Whenever people talk about that, I'm like, where do you find that? Like, like, do you go into eBay? Like, where do you, like, where do you find this air ambulance thing. You know what I mean?

37:25

Yeah. It was like we had to we met someone through a friend of a friend. It's always like someone's dad. Right? It's like, oh, know, his his dad wants to retire and the kids don't want the business or something like that or these things happen at the golf course.

Yeah. It was like we had to we met someone through a friend of a friend. It's always like someone's dad. Right? It's like, oh, know, his his dad wants to retire and the kids don't want the business or something like that or these things happen at the golf course.

37:40

Yeah. I don't know. Yeah. I should never. I should be doing that. I I I think I got, like, really tech brainwashed because I basically

Yeah. I don't know. Yeah. I should never. I should be doing that. I I I think I got, like, really tech brainwashed because I basically

37:47

I started a sushi restaurant, then I moved to Australia and did like a biotech thing. But then I moved to Silicon Valley when I was twenty four. And I was like, basically, I just got, like, really deep in the Silicon Valley

I started a sushi restaurant, then I moved to Australia and did like a biotech thing. But then I moved to Silicon Valley when I was twenty four. And I was like, basically, I just got, like, really deep in the Silicon Valley

37:57

kind of ethos and game, and that was my that's my network, and that's my my skills were around internet companies.

kind of ethos and game, and that was my that's my network, and that's my my skills were around internet companies.

38:03

And so I it was kind of the right move to go deep there and try to like win in that world.

And so I it was kind of the right move to go deep there and try to like win in that world.

38:09

Because I think you don't have to win in all games. Like, you know, I have a fund to do startup investing. Like, if I do good with if I do great with startup investing, I'll do great. I don't really need to also do great with a very different style of investing. So I think I'm curious about it, but,

Because I think you don't have to win in all games. Like, you know, I have a fund to do startup investing. Like, if I do good with if I do great with startup investing, I'll do great. I don't really need to also do great with a very different style of investing. So I think I'm curious about it, but,

38:24

you know, do I want to, like, sort of restart the learning curve in a new way?

you know, do I want to, like, sort of restart the learning curve in a new way?

38:28

One, you know, you guys have this crazy advantage of, you know, I think you're you're rolling fund as well because of the podcast, right? So if you guys go on and you say, Hey, who has a granddad

One, you know, you guys have this crazy advantage of, you know, I think you're you're rolling fund as well because of the podcast, right? So if you guys go on and you say, Hey, who has a granddad

38:39

or a father or a mother who owns this family business that wants to sell. I feel like you'd get mob. There's there's nothing missing. Alright.

or a father or a mother who owns this family business that wants to sell. I feel like you'd get mob. There's there's nothing missing. Alright.

38:46

Sean at seanpourri dot com. All those leads can go to me then if you guys don't want. Let's let's see what comes in. I'll I'll share all the interesting. I'll filter all the interesting ones, for you, Andrew. So sean at seanpourri dot com. Email me. Email me. Email me. Your your dad, your granddad, your uncle's business that we could either take, like, a minority stake, or maybe he's looking to retire itself. Let's see let's see what we got.

Sean at seanpourri dot com. All those leads can go to me then if you guys don't want. Let's let's see what comes in. I'll I'll share all the interesting. I'll filter all the interesting ones, for you, Andrew. So sean at seanpourri dot com. Email me. Email me. Email me. Your your dad, your granddad, your uncle's business that we could either take, like, a minority stake, or maybe he's looking to retire itself. Let's see let's see what we got.

39:06

Okay. So those are the Wait. I gotta take my business. Dude, you know, I I did a I

Okay. So those are the Wait. I gotta take my business. Dude, you know, I I did a I

39:13

I was reading about Coffeezilla

I was reading about Coffeezilla

39:15

going deep on Andrew Tate's thing. Do you guys know how Andrew Tate makes money? I do, but go ahead. He basically

going deep on Andrew Tate's thing. Do you guys know how Andrew Tate makes money? I do, but go ahead. He basically

39:21

He has this well, okay. Fine. You got that smug look on your face. Well, isn't it a sexy school? It's like a Cam Girls business. Right? Like, it's the definition sexy

He has this well, okay. Fine. You got that smug look on your face. Well, isn't it a sexy school? It's like a Cam Girls business. Right? Like, it's the definition sexy

39:30

No. No. The real way that it makes money is yeah. He's got this fucking discord that's fifty dollars a month in order to like join and there's like channels on like copywriting. It's basically just the same shit that you and I have done like screwing around except do you know how big it is? It's like -- Like, tens of thousands of members. Yeah.

No. No. The real way that it makes money is yeah. He's got this fucking discord that's fifty dollars a month in order to like join and there's like channels on like copywriting. It's basically just the same shit that you and I have done like screwing around except do you know how big it is? It's like -- Like, tens of thousands of members. Yeah.

39:49

No. No. No. No. No. No. No. Like, a million members. Oh, wow. Like, we're talking nine figures in revenue.

No. No. No. No. No. No. No. Like, a million members. Oh, wow. Like, we're talking nine figures in revenue.

39:55

And Coffee Zillah, like, did it. He's like, look, here's all the members. If you multiply that by fifty, and then you could even add a discount to it. It's like we're talking about a north of a hundred million in revenue, and it's just a discord with volunteer with volunteer community, like, chairs, like community leads,

And Coffee Zillah, like, did it. He's like, look, here's all the members. If you multiply that by fifty, and then you could even add a discount to it. It's like we're talking about a north of a hundred million in revenue, and it's just a discord with volunteer with volunteer community, like, chairs, like community leads,

40:10

freaking crazy.

freaking crazy.

40:11

And, I considered saying wow. Breakout person, but I, you know, he's obviously pretty controversial. So I didn't wanna, like,

And, I considered saying wow. Breakout person, but I, you know, he's obviously pretty controversial. So I didn't wanna, like,

40:19

I'm the breakout is I have never seen somebody go from nobody

I'm the breakout is I have never seen somebody go from nobody

40:23

to everywhere

to everywhere

40:25

all the time in your face the way this guy has. Like, he built a brand. It's crazy.

all the time in your face the way this guy has. Like, he built a brand. It's crazy.

40:31

In, like, seven months or something like that. Like, Had you ever heard this word before Andrew Tate last year? Like, no. I think he was the most googled person on earth this year.

In, like, seven months or something like that. Like, Had you ever heard this word before Andrew Tate last year? Like, no. I think he was the most googled person on earth this year.

40:42

That's crazy to me. Is that crazy?

That's crazy to me. Is that crazy?

40:44

And he says it. And when he and he does his interviews, he goes, he goes, mister Beast has to spend five million dollars and blow up blow up a bus in order to get ten million views. I said No. I just talk.

And he says it. And when he and he does his interviews, he goes, he goes, mister Beast has to spend five million dollars and blow up blow up a bus in order to get ten million views. I said No. I just talk.

40:56

Yeah.

Yeah.

40:57

And it's true. It's true. The guy's way of speaking and the the things he says are so compelling. And then he built this viral engine where his all hustle's university is is basically, yo, post cut, cut up clips of Tate.

And it's true. It's true. The guy's way of speaking and the the things he says are so compelling. And then he built this viral engine where his all hustle's university is is basically, yo, post cut, cut up clips of Tate.

41:11

Everywhere, and then go comment. And, basically,

Everywhere, and then go comment. And, basically,

41:14

in the comments,

in the comments,

41:16

revere me. And that's how, you know, and then everybody who signs up for University, you're gonna make money doing that. Like, that's basically the core job is, like, go promote me.

revere me. And that's how, you know, and then everybody who signs up for University, you're gonna make money doing that. Like, that's basically the core job is, like, go promote me.

41:26

It's crazy. It is crazy. It's a multi level marketing scheme. Just promoting him. He is the product.

It's crazy. It is crazy. It's a multi level marketing scheme. Just promoting him. He is the product.

41:33

It's wild.

It's wild.

41:34

Alright. So what's the do we vote on that one or just move to a different topic?

Alright. So what's the do we vote on that one or just move to a different topic?

41:39

Yeah. Vote.

Yeah. Vote.

41:41

I forget the I don't remember. Let's just move on.

I forget the I don't remember. Let's just move on.

41:44

Andrew's toilet paper thing, let's say.

Andrew's toilet paper thing, let's say.

41:47

Okay. Let's do best investment. So the best investment you made, and then we're gonna do worst investment also. So let's start with, let's start with best investment. Let's go Sam. The best investment you made twenty twenty two. Financially?

Okay. Let's do best investment. So the best investment you made, and then we're gonna do worst investment also. So let's start with, let's start with best investment. Let's go Sam. The best investment you made twenty twenty two. Financially?

41:59

Fucking none. This year was in terms of money, this was horrible.

Fucking none. This year was in terms of money, this was horrible.

42:04

The two best investments I made were getting fitness coaches, so nutritionists and, and, and, like, a lifting coach, a fitness coach, and then also this pod. This is like the first time Sean this year where, like, and this is actually one of my most proud moments where I've been walking around and I get noticed maybe one to three times a day And this is the first time that I'm like, oh, wow, Sean, the work that you and I have done over four or five hundred episodes, it's like

The two best investments I made were getting fitness coaches, so nutritionists and, and, and, like, a lifting coach, a fitness coach, and then also this pod. This is like the first time Sean this year where, like, and this is actually one of my most proud moments where I've been walking around and I get noticed maybe one to three times a day And this is the first time that I'm like, oh, wow, Sean, the work that you and I have done over four or five hundred episodes, it's like

42:28

properly paid off. Yeah. So,

properly paid off. Yeah. So,

42:31

that's this pod is this this year, it felt different. Has it ever has ever been annoying? Or Yeah. One time, like, it's there's been multiple times where Sarah and I are are having like a serious conversation or we're arguing or we're having like a a contentious conversation and someone pops up and, like, you gotta, like, like, oh, hey. Yeah. Hi. Hi. You gotta, like, turn it on and that kinda sucks. It's like, you know, like, when you and your wife get in but then you gotta get in the car together to go to, like, dig your friends out for dinner and you gotta put on, like, the performance of the century. That's kinda like how it feels sometimes.

that's this pod is this this year, it felt different. Has it ever has ever been annoying? Or Yeah. One time, like, it's there's been multiple times where Sarah and I are are having like a serious conversation or we're arguing or we're having like a a contentious conversation and someone pops up and, like, you gotta, like, like, oh, hey. Yeah. Hi. Hi. You gotta, like, turn it on and that kinda sucks. It's like, you know, like, when you and your wife get in but then you gotta get in the car together to go to, like, dig your friends out for dinner and you gotta put on, like, the performance of the century. That's kinda like how it feels sometimes.

43:01

There's a there's a, what's her name from the Hunger Games? Jennifer.

There's a there's a, what's her name from the Hunger Games? Jennifer.

43:05

Lawrence,

Lawrence,

43:06

she talked about how she can be nice to a thousand people. But if one time she's fighting with her boyfriend and she's kind of a bitch to somebody, they'll go on Reddit and post about it, and she feels like you basically always have to be that person. And it's only a matter of time until you snap, knowing you, it's only a matter of time. One time we are at,

she talked about how she can be nice to a thousand people. But if one time she's fighting with her boyfriend and she's kind of a bitch to somebody, they'll go on Reddit and post about it, and she feels like you basically always have to be that person. And it's only a matter of time until you snap, knowing you, it's only a matter of time. One time we are at,

43:24

you know, we're we're exploring the pregnancy thing this year. And one time we were at the baby, baby doctors and someone in the waiting room said something to me. And,

you know, we're we're exploring the pregnancy thing this year. And one time we were at the baby, baby doctors and someone in the waiting room said something to me. And,

43:32

I was, I was, I didn't I was rude.

I was, I was, I didn't I was rude.

43:37

I'll I'll take your I accept your apology there.

I'll I'll take your I accept your apology there.

43:42

Alright. I'll do a quick one. Okay. So best financial investment. I invest in this company called triple well.

Alright. I'll do a quick one. Okay. So best financial investment. I invest in this company called triple well.

43:47

That's basically like a, it's a tool for Shopify store owners. So it helps you,

That's basically like a, it's a tool for Shopify store owners. So it helps you,

43:52

like, see your dashboard and

like, see your dashboard and

43:54

make sure your ads are working well and they have like a bunch of different features.

make sure your ads are working well and they have like a bunch of different features.

43:58

I invest in this thing because I I was like, oh, I I like this. I wanna use this for my e com store. Maybe I should just invest in it. Really didn't think this was gonna be I thought if I if you and I did this, by the way, I took my portfolio and I ranked, like, what do I think are gonna be the breakouts and what do I think are least likely to be the breakouts? Because I I suspected I might be surprised.

I invest in this thing because I I was like, oh, I I like this. I wanna use this for my e com store. Maybe I should just invest in it. Really didn't think this was gonna be I thought if I if you and I did this, by the way, I took my portfolio and I ranked, like, what do I think are gonna be the breakouts and what do I think are least likely to be the breakouts? Because I I suspected I might be surprised.

44:16

I was very surprised. So us, I think our seventy five thousand dollar investment in Triple Willow. Is currently worth three point three million.

I was very surprised. So us, I think our seventy five thousand dollar investment in Triple Willow. Is currently worth three point three million.

44:24

And so, that's been the the biggest breakout from the fund so far. And it's would have been one of the five that I did not guess would be this explosive rocket ship because, like, that's just not how I thought about it back then. Like, when I saw it, It looked like this cool analytics tool for ecomm, you know, Shopify stores. I don't know how big that is and how fast it'll grow. It's been insane. So that's my financial one. And then I'll also say,

And so, that's been the the biggest breakout from the fund so far. And it's would have been one of the five that I did not guess would be this explosive rocket ship because, like, that's just not how I thought about it back then. Like, when I saw it, It looked like this cool analytics tool for ecomm, you know, Shopify stores. I don't know how big that is and how fast it'll grow. It's been insane. So that's my financial one. And then I'll also say,

44:49

we did camp MFM, and that was an amazing investment. I'll tell you a little little story about it. So We did this camp.

we did camp MFM, and that was an amazing investment. I'll tell you a little little story about it. So We did this camp.

44:56

Twenty thirty people. We go to North Carolina,

Twenty thirty people. We go to North Carolina,

44:58

and we'd fly in this NBA trainer. So we pay for his kind of him and his buddy. Like, they're they're

and we'd fly in this NBA trainer. So we pay for his kind of him and his buddy. Like, they're they're

45:03

flights and hotels or whatever. We rent these Airbnbs.

flights and hotels or whatever. We rent these Airbnbs.

45:06

We do the camp. It's great. Everybody chipped in, I think, like, thousand bucks or fifteen hundred bucks. Two grand or something. I thought I thought that would cover cost. Didn't quite cover it. I think we're in the whole, like, fifteen grand or something like that. No problem.

We do the camp. It's great. Everybody chipped in, I think, like, thousand bucks or fifteen hundred bucks. Two grand or something. I thought I thought that would cover cost. Didn't quite cover it. I think we're in the whole, like, fifteen grand or something like that. No problem.

45:17

Amazing experience just for the basketball, the fun, meeting people, all that good stuff. But something kinda crazy happened.

Amazing experience just for the basketball, the fun, meeting people, all that good stuff. But something kinda crazy happened.

45:24

We tweeted out that we were hanging with mister Beast or something like that or that, that maybe the pod we have we recorded with mister beast.

We tweeted out that we were hanging with mister Beast or something like that or that, that maybe the pod we have we recorded with mister beast.

45:32

And a guy saw that and started following Ben Levy.

And a guy saw that and started following Ben Levy.

45:35

Ben Levy then checks out this guy's profile.

Ben Levy then checks out this guy's profile.

45:39

Oh, this guy's in the crypto space. D. M.

Oh, this guy's in the crypto space. D. M.

45:41

Let's talk, you know, maybe they'll advertise with us. We end up getting an acquisition offer from this person. That's not the the deal we ended up going with, but gave us the leverage in the deal we did end up going with,

Let's talk, you know, maybe they'll advertise with us. We end up getting an acquisition offer from this person. That's not the the deal we ended up going with, but gave us the leverage in the deal we did end up going with,

45:51

and, like, opened this door into acquisition. And it's all, like,

and, like, opened this door into acquisition. And it's all, like,

45:55

if we had it tweeted out that thing that we were doing with mister Beast,

if we had it tweeted out that thing that we were doing with mister Beast,

45:59

I don't think this person would have followed. And then I don't think that conversation would happen. And so the world works in these really funny ways where this, like, kind of amazing acquisition we had this year.

I don't think this person would have followed. And then I don't think that conversation would happen. And so the world works in these really funny ways where this, like, kind of amazing acquisition we had this year.

46:09

I don't know. They they could have just as easily not happened or been for a lot less. Had we not, like, just done this totally unrelated thing? That's good. Good things happen to get to me. That's great.

I don't know. They they could have just as easily not happened or been for a lot less. Had we not, like, just done this totally unrelated thing? That's good. Good things happen to get to me. That's great.

46:20

Alright. Andrew, what you got? Best investment.

Alright. Andrew, what you got? Best investment.

46:24

So mine mine's actually an investment I made a couple years ago, but it's taken a while to play out. And it's very small.

So mine mine's actually an investment I made a couple years ago, but it's taken a while to play out. And it's very small.

46:30

But I really like this one. So

But I really like this one. So

46:32

you guys know Sofia Amaroso. I think she's been on the podcast before.

you guys know Sofia Amaroso. I think she's been on the podcast before.

46:36

I met Sophia like five or six years ago and she just had the experience with nasty gal and she's like, I'm trying to figure out what to do next. I've written this book called Girl Boss and I've kinda built this community around it. The social following. I wanna turn it into a business. And I said, like, look, you know, I think you should bootstrap this, but she got mobbed with,

I met Sophia like five or six years ago and she just had the experience with nasty gal and she's like, I'm trying to figure out what to do next. I've written this book called Girl Boss and I've kinda built this community around it. The social following. I wanna turn it into a business. And I said, like, look, you know, I think you should bootstrap this, but she got mobbed with,

46:55

VCs. And so it was easy money. Great valuation raised like ten million or something. And because she took VC money, she had this really wonderful

VCs. And so it was easy money. Great valuation raised like ten million or something. And because she took VC money, she had this really wonderful

47:05

business,

business,

47:07

but she had to turn into a billion dollar And this is girl boss. Suddenly,

but she had to turn into a billion dollar And this is girl boss. Suddenly,

47:10

this is girl boss. And so she, you know, raised all this money and she's like, I'm gonna build basically like LinkedIn

this is girl boss. And so she, you know, raised all this money and she's like, I'm gonna build basically like LinkedIn

47:16

slash like a social network for female entrepreneurs,

slash like a social network for female entrepreneurs,

47:20

to connect them, which we all know is like the world's biggest lift. It's like almost impossible to start a social network. And so she ended up running out of cash, getting exhausted.

to connect them, which we all know is like the world's biggest lift. It's like almost impossible to start a social network. And so she ended up running out of cash, getting exhausted.

47:29

She sold it to,

She sold it to,

47:31

attention capital. And they basically were just like fuck. We don't know what to do about this. Like, we we shouldn't have bought this. And so they reached out to us

attention capital. And they basically were just like fuck. We don't know what to do about this. Like, we we shouldn't have bought this. And so they reached out to us

47:39

and we were able to buy it for really, really cheap just because the business was totally distressed.

and we were able to buy it for really, really cheap just because the business was totally distressed.

47:45

And so, you know, we looked at it and we were like, okay, like, let's just go back to basics. This business has almost two million social followers and email subscribers.

And so, you know, we looked at it and we were like, okay, like, let's just go back to basics. This business has almost two million social followers and email subscribers.

47:53

And we just did basic stuff. We built a daily email newsletter.

And we just did basic stuff. We built a daily email newsletter.

47:57

We sold ads. We did social ads. We did affiliate.

We sold ads. We did social ads. We did affiliate.

48:01

We've rebooted the podcast, brought on a great CEO,

We've rebooted the podcast, brought on a great CEO,

48:05

and it's just been this phenomenal base hit, and I just got an update from our CEO

and it's just been this phenomenal base hit, and I just got an update from our CEO

48:09

lulu who's like freaking amazing.

lulu who's like freaking amazing.

48:12

And basically now the business is I won't say numbers, but it's making as much as we paid for it every year in profit. And I think it's probably

And basically now the business is I won't say numbers, but it's making as much as we paid for it every year in profit. And I think it's probably

48:21

five or ten x more valuable than what we paid for it at least

five or ten x more valuable than what we paid for it at least

48:25

so I I just love that kind of stuff where we're able to take a business that shouldn't have raised venture

so I I just love that kind of stuff where we're able to take a business that shouldn't have raised venture

48:31

or, you know, kind of failed in venture land and actually make it a sustainable business that'll be going for five or ten years at least. That's crazy. Yeah. That's really cool. Like those, and I think there's gonna be a bunch of those venture businesses that fail. That's another one. If you're a venture business and you're not gonna be able to raise the next round because the whole market has turned or whatever,

or, you know, kind of failed in venture land and actually make it a sustainable business that'll be going for five or ten years at least. That's crazy. Yeah. That's really cool. Like those, and I think there's gonna be a bunch of those venture businesses that fail. That's another one. If you're a venture business and you're not gonna be able to raise the next round because the whole market has turned or whatever,

48:49

it's not over. And there's, like, a way to structure these deals. I think most founders just throw in the towel. Don't know what to do with that asset. But, again,

it's not over. And there's, like, a way to structure these deals. I think most founders just throw in the towel. Don't know what to do with that asset. But, again,

48:56

there's a lot. There's a lot of these businesses where you let's say a business gets to five or ten million dollars of revenue and they're burning, you know, a million, two million a month because they're like venture backed or whatever. To the founder, you know, they're just like okay, well, this is worth nothing. You know, let's go sell to

there's a lot. There's a lot of these businesses where you let's say a business gets to five or ten million dollars of revenue and they're burning, you know, a million, two million a month because they're like venture backed or whatever. To the founder, you know, they're just like okay, well, this is worth nothing. You know, let's go sell to

49:15

Facebook, and we'll take an aqua hire, and they actually will throw out their existing business that business has value and people like us and enduring

Facebook, and we'll take an aqua hire, and they actually will throw out their existing business that business has value and people like us and enduring

49:23

will buy it and turn it around and make, you know, make it into something that'll actually make them proud.

will buy it and turn it around and make, you know, make it into something that'll actually make them proud.

49:28

So yeah, I mean, it's all is not learned. During did that with up counsel.

So yeah, I mean, it's all is not learned. During did that with up counsel.

49:32

If that's what that was the example I did. Totally. Can we, we gotta do worse. Let me piss.

If that's what that was the example I did. Totally. Can we, we gotta do worse. Let me piss.

49:38

My worst one

My worst one

49:40

is, personal real estate. Like, I bought real estate over the last two years,

is, personal real estate. Like, I bought real estate over the last two years,

49:45

and

and

49:46

I'm in I'm I'm made money on on all of it so far. And, like, technically speaking, like, it's all, like, gonna beat the stock market. Well, that's easy because the stock market sucks. But, like, some of my investments, like, my Airbnb, it's still, like, a eight percent return or something like that. But it's just a fucking headache, dude. I regret buying real estate. I wish I didn't own any real estate, and I wish I just invested in other people's funds.

I'm in I'm I'm made money on on all of it so far. And, like, technically speaking, like, it's all, like, gonna beat the stock market. Well, that's easy because the stock market sucks. But, like, some of my investments, like, my Airbnb, it's still, like, a eight percent return or something like that. But it's just a fucking headache, dude. I regret buying real estate. I wish I didn't own any real estate, and I wish I just invested in other people's funds.

50:08

Yeah. That's my worst investment. It just it's caused me a disproportional amount of headache. Yeah. That's a good one. Alright. Mine is,

Yeah. That's my worst investment. It just it's caused me a disproportional amount of headache. Yeah. That's a good one. Alright. Mine is,

50:16

mine's really hard to choose. So many losers to choose from this year. So

mine's really hard to choose. So many losers to choose from this year. So

50:21

so people know my my portfolio

so people know my my portfolio

50:23

is essentially tech stocks and crypto.

is essentially tech stocks and crypto.

50:27

Tech stocks down somewhere between forty and eighty five percent this year.

Tech stocks down somewhere between forty and eighty five percent this year.

50:32

Crypto down seventy five percent this year or sometimes a hundred percent in certain cases.

Crypto down seventy five percent this year or sometimes a hundred percent in certain cases.

50:38

I think Luna has to be my pick because it went to zero.

I think Luna has to be my pick because it went to zero.

50:41

And so that was just like, you know, a one hundred percent loss that happened in, like, three days. So last year, this episode last year, here's here's Sean's company to watch.

And so that was just like, you know, a one hundred percent loss that happened in, like, three days. So last year, this episode last year, here's here's Sean's company to watch.

50:52

Tara slash Luna. That was his answer. I said company to watch. And it sure did give you some entertainment. Yeah. You you watched it go down. And then his prediction was that the winkle by twins the the Winkle Voss twins are gonna be richer than Zuckerberg. So Not in one year. Like, that that that that is a long term prediction.

Tara slash Luna. That was his answer. I said company to watch. And it sure did give you some entertainment. Yeah. You you watched it go down. And then his prediction was that the winkle by twins the the Winkle Voss twins are gonna be richer than Zuckerberg. So Not in one year. Like, that that that that is a long term prediction.

51:11

But you you bet on Luna. So So you're gonna double down. This is the question. Are you gonna double down on your winkle vibe prediction?

But you you bet on Luna. So So you're gonna double down. This is the question. Are you gonna double down on your winkle vibe prediction?

51:18

And what's the timeline? And what's the punishment if you lose No. No. That these are wild. It's supposed to be crazy predictions. These are not supposed to be things I think are going to happen. They're sort of like Farfetch predictions. No. I don't I don't wanna double down on that. I would say that's way looking way less likely now than it did then.

And what's the timeline? And what's the punishment if you lose No. No. That these are wild. It's supposed to be crazy predictions. These are not supposed to be things I think are going to happen. They're sort of like Farfetch predictions. No. I don't I don't wanna double down on that. I would say that's way looking way less likely now than it did then.

51:37

But, you know, it's basically, like, I have Facebook stock guy crushed a little bit this year too. I I had calculated that I think I forgot what it is now, but I think Bitcoin would have needed to be at

But, you know, it's basically, like, I have Facebook stock guy crushed a little bit this year too. I I had calculated that I think I forgot what it is now, but I think Bitcoin would have needed to be at

51:46

if Bitcoin got to two million dollars a coin than the winkle

if Bitcoin got to two million dollars a coin than the winkle

51:50

and Facebook had like, you know,

and Facebook had like, you know,

51:53

you know, kept as value or something like that.

you know, kept as value or something like that.

51:55

Based on how much Bitcoin they owned, I thought, okay, at that point, they will have surpassed,

Based on how much Bitcoin they owned, I thought, okay, at that point, they will have surpassed,

51:59

Zach a suit, but the hedge was always if Zach owns any Bitcoin, then they can really never pass him. You know, if he if he put a minority stake in, but I don't think Zach cares if the Waco Vaya or or Rich or not. I don't I don't think that's a concern of his.

Zach a suit, but the hedge was always if Zach owns any Bitcoin, then they can really never pass him. You know, if he if he put a minority stake in, but I don't think Zach cares if the Waco Vaya or or Rich or not. I don't I don't think that's a concern of his.

52:12

So what's what's yours, Andrew?

So what's what's yours, Andrew?

52:15

So mine is really just venture in general. So we I've been doing angel investing for ten plus years.

So mine is really just venture in general. So we I've been doing angel investing for ten plus years.

52:23

And I think I've done well,

And I think I've done well,

52:27

on a cash basis, I've got a lot of money back. But I haven't actually, like, if I think about it,

on a cash basis, I've got a lot of money back. But I haven't actually, like, if I think about it,

52:34

even if I've made

even if I've made

52:35

fifteen to thirty percent a year, I haven't had access to that cash the entire time Whereas in my main business, when I buy a business and I make, you know, make twenty or thirty percent return, I'm actually getting that cash and I'm compounding it and then I'm investing it and doing more and more and more. And I think psychologically,

fifteen to thirty percent a year, I haven't had access to that cash the entire time Whereas in my main business, when I buy a business and I make, you know, make twenty or thirty percent return, I'm actually getting that cash and I'm compounding it and then I'm investing it and doing more and more and more. And I think psychologically,

52:54

there's a big difference between owning a whole bunch of businesses and doing fifty million dollars in EBITDA

there's a big difference between owning a whole bunch of businesses and doing fifty million dollars in EBITDA

53:00

versus

versus

53:02

owning a bunch of stakes that are a liquid in a bunch of venture businesses, where maybe you'll get your money in ten to fifteen years.

owning a bunch of stakes that are a liquid in a bunch of venture businesses, where maybe you'll get your money in ten to fifteen years.

53:09

And so I don't think that it's necessarily

And so I don't think that it's necessarily

53:12

saying I don't wanna invest in venture, go forward, but it's just been

saying I don't wanna invest in venture, go forward, but it's just been

53:17

I think it's been a bad if I think of it as if my goal is to maximize my capital

I think it's been a bad if I think of it as if my goal is to maximize my capital

53:21

and feel rich, it's not the best way to do that. I think that I'm much better off incubating businesses

and feel rich, it's not the best way to do that. I think that I'm much better off incubating businesses

53:28

and, buying businesses because it's a very

and, buying businesses because it's a very

53:32

steady fifteen to thirty percent cash return and I feel it. I feel the win in a much bigger way. And I think that

steady fifteen to thirty percent cash return and I feel it. I feel the win in a much bigger way. And I think that

53:39

like anyone over the last two years, there's some businesses where looked at the valuation. I invested at. And I I knew it at the time. I sucked it up and was like fuck, you know, this is just the world we're in. But there's some businesses with, like, now maybe, like, four million dollars of revenue and they raised it, like, a hundred million dollar valuation.

like anyone over the last two years, there's some businesses where looked at the valuation. I invested at. And I I knew it at the time. I sucked it up and was like fuck, you know, this is just the world we're in. But there's some businesses with, like, now maybe, like, four million dollars of revenue and they raised it, like, a hundred million dollar valuation.

53:56

And I'm just like, okay, that's just gone.

And I'm just like, okay, that's just gone.

53:59

Yep.

Yep.

54:00

Well, that

Well, that

54:03

sucks.

sucks.

54:04

We all just we all just said horrible things that we did this year. I don't know. There's that's hard to remember. Let's just just bask in the in the in in the l. Look at, you know, you're gonna let You can't you can't have a a non error rate. You know, like, you can't be an investor and not have a portfolio

We all just we all just said horrible things that we did this year. I don't know. There's that's hard to remember. Let's just just bask in the in the in in the l. Look at, you know, you're gonna let You can't you can't have a a non error rate. You know, like, you can't be an investor and not have a portfolio

54:22

of bad investments, a bad decision. Right? Like that is there's not really a thing if you're gonna do this,

of bad investments, a bad decision. Right? Like that is there's not really a thing if you're gonna do this,

54:27

and you're gonna take, you know, the appropriate amount of risk that would get a reward. You can't have a zero percent error rate. And so I I don't think it's anything to be shy of. Also,

and you're gonna take, you know, the appropriate amount of risk that would get a reward. You can't have a zero percent error rate. And so I I don't think it's anything to be shy of. Also,

54:36

you know, I think, a lot of people

you know, I think, a lot of people

54:38

you know, or have portfolios that are down this year just by the nature of, like, what's going on in the market? There's that, there's that logic brain coming in to save you. Yeah. No. I mean, that that that's like a that's where the logic brain is actually like useful. Alright? Like I learned this in poker too. Like you're Oh, I I had pocket aces and I law. I literally know people that will fold pocket queens or something like that in poker. Why? Cause they're traumatized from the bad beat they got one time. And they're all jacks. I hate jacks. Like, you what do you mean? You hate pocket jacks? Why?

you know, or have portfolios that are down this year just by the nature of, like, what's going on in the market? There's that, there's that logic brain coming in to save you. Yeah. No. I mean, that that that's like a that's where the logic brain is actually like useful. Alright? Like I learned this in poker too. Like you're Oh, I I had pocket aces and I law. I literally know people that will fold pocket queens or something like that in poker. Why? Cause they're traumatized from the bad beat they got one time. And they're all jacks. I hate jacks. Like, you what do you mean? You hate pocket jacks? Why?

55:07

Like, why don't you, you know, just because you got your money in good, but it turned out not the way you wanted. Like, you know, being able to assess the decision and not the result is so key. What I when I'm making fun of myself for for fomowing into investments. It's because I think my decision was bad. Sure. The result was bad, but my decision was bad. I have many investments where I think the decision is good. And the result might be bad for a period of time. That's okay.

Like, why don't you, you know, just because you got your money in good, but it turned out not the way you wanted. Like, you know, being able to assess the decision and not the result is so key. What I when I'm making fun of myself for for fomowing into investments. It's because I think my decision was bad. Sure. The result was bad, but my decision was bad. I have many investments where I think the decision is good. And the result might be bad for a period of time. That's okay.

55:31

But being able to separate the twos is super important.

But being able to separate the twos is super important.

55:34

I can't find this client info. Have you heard of HubSpot?

I can't find this client info. Have you heard of HubSpot?

55:38

HubSpot is a CRM platform, so it shares its data across every application.

HubSpot is a CRM platform, so it shares its data across every application.

55:43

Every team can stay aligned. No out of sync spreadsheets or dueling databases.

Every team can stay aligned. No out of sync spreadsheets or dueling databases.

55:47

HubSpot, grow better.

HubSpot, grow better.

55:51

Sam, what topic you wanna go to. Which category? Dude, I wanna combine

Sam, what topic you wanna go to. Which category? Dude, I wanna combine

55:54

book of the year and favorite podcasts or news purse newsletter or person you subscribe to I wanna, like, we'll we'll do a few actionable things, like best things that we, yeah, like best bit bits of content.

book of the year and favorite podcasts or news purse newsletter or person you subscribe to I wanna, like, we'll we'll do a few actionable things, like best things that we, yeah, like best bit bits of content.

56:05

Mine, well, for a favorite person, they start so favorite person is it's too. You already named one of them. Paul Graham, dude, Paul Graham is such a beautiful writer. I started reading all of his work again this year. He's such a awesome writer. Talk he talks about money, living, happiness, raising a family. He's a really good writer. I love reading him. The other one is cultural tutor. You guys know who cultural Twitter is on Twitter? Never heard of me. So it's this person,

Mine, well, for a favorite person, they start so favorite person is it's too. You already named one of them. Paul Graham, dude, Paul Graham is such a beautiful writer. I started reading all of his work again this year. He's such a awesome writer. Talk he talks about money, living, happiness, raising a family. He's a really good writer. I love reading him. The other one is cultural tutor. You guys know who cultural Twitter is on Twitter? Never heard of me. So it's this person,

56:30

who the I don't think they're crazy popular. I'm gonna give you an example of a thing that they tweeted. So it's called it's called the the cultural tutor, a beautiful education.

who the I don't think they're crazy popular. I'm gonna give you an example of a thing that they tweeted. So it's called it's called the the cultural tutor, a beautiful education.

56:40

That's their thing. And so

That's their thing. And so

56:42

They'll do like posts about like,

They'll do like posts about like,

56:46

I'll I'll I'll let me find a good one. But it's it's all about culture. So basically

I'll I'll I'll let me find a good one. But it's it's all about culture. So basically

56:51

Right now,

Right now,

56:52

minimalism is a thing. So if you look at like a lot of new building, minimalism is a thing and the cultural tutor will do this thread saying,

minimalism is a thing. So if you look at like a lot of new building, minimalism is a thing and the cultural tutor will do this thread saying,

56:59

this is actually pretty lame about this architecture. It's pretty boring. Here's the ornate stuff that we used to do, and here's why we used to do it, and here's why we do minimalism

this is actually pretty lame about this architecture. It's pretty boring. Here's the ornate stuff that we used to do, and here's why we used to do it, and here's why we do minimalism

57:09

now and it makes you like question certain things that we're doing or another one could be

now and it makes you like question certain things that we're doing or another one could be

57:15

here's like a famous, piece of art and it was actually revolutionary.

here's like a famous, piece of art and it was actually revolutionary.

57:20

And here's, or here's why Mona Lisa here's why it looks like her eyes are following you. And this doesn't seem interesting now, but it was interesting because back then, here's how they used to do things and here's what was actually revolutionary about that painting. Things like that. I love the cultural tutor. It's a really good follow.

And here's, or here's why Mona Lisa here's why it looks like her eyes are following you. And this doesn't seem interesting now, but it was interesting because back then, here's how they used to do things and here's what was actually revolutionary about that painting. Things like that. I love the cultural tutor. It's a really good follow.

57:36

That's a good one. You said you were gonna combine that with book of the Book of the year, blitz. Have you ever read blitz, Andrew? It's about the story of drug use during World War two.

That's a good one. You said you were gonna combine that with book of the Book of the year, blitz. Have you ever read blitz, Andrew? It's about the story of drug use during World War two.

57:46

Frame breaking book. Read it, but it's I mean, you you've got meth and you've got Hitler. I mean, what could go wrong? It's a frame breaking book. Basically, the whole hypothesis was during World War two, you know how, like, they gave soldiers, like, pieces of chocolate and cigarettes to keep them happy. Well, in in Nazi Germany era, they gave them meth. And one of the one of the reasons it says Hitler was being crazy and making a lot of the decisions that he did, not only was he like a a hateful crazy person, they're saying it was also because he was on meth the whole time and he was going nutty. And one of the reasons why he killed himself was he basically ran out of drugs in the last two weeks in his bunker.

Frame breaking book. Read it, but it's I mean, you you've got meth and you've got Hitler. I mean, what could go wrong? It's a frame breaking book. Basically, the whole hypothesis was during World War two, you know how, like, they gave soldiers, like, pieces of chocolate and cigarettes to keep them happy. Well, in in Nazi Germany era, they gave them meth. And one of the one of the reasons it says Hitler was being crazy and making a lot of the decisions that he did, not only was he like a a hateful crazy person, they're saying it was also because he was on meth the whole time and he was going nutty. And one of the reasons why he killed himself was he basically ran out of drugs in the last two weeks in his bunker.

58:21

What do you got there, Sean? Is that blitz? Right? No. This is it's not blitz. I'm just looking at at the book I think I'm gonna choose. But Andrew, go go next. So my favorite podcast,

What do you got there, Sean? Is that blitz? Right? No. This is it's not blitz. I'm just looking at at the book I think I'm gonna choose. But Andrew, go go next. So my favorite podcast,

58:29

I'm absolutely obsessed with founders, which is by David Center, and what he basically does is he reads business biographies,

I'm absolutely obsessed with founders, which is by David Center, and what he basically does is he reads business biographies,

58:37

and then he summarizes them really, really well. So there's a lot of I've read a lot of business biographies. I really enjoy them, but there's a lot of them where I'm like, I just I'm not gonna spend fifteen hours of my life learning about JFK's dad. Right? There's this. There's there's always books on my bookshelf that taunt me. And so I read that book. He's a patriarch Yeah. It's so good. It's fat. It's I read about a quarter of it. It was great. But but, he he'll do like the one, one and a half hour summary. And so, a, it's a great way to remind yourself. Like, I I read Titan a couple of years ago about John d rockefeller, and I relistened to it. It reminded me of a lot of the lessons. And then, b, it'll actually tell me, do I wanna read this book? Is this person actually interesting? Or just give me a cursory understanding of that person. So I absolutely love that one. In terms of books,

and then he summarizes them really, really well. So there's a lot of I've read a lot of business biographies. I really enjoy them, but there's a lot of them where I'm like, I just I'm not gonna spend fifteen hours of my life learning about JFK's dad. Right? There's this. There's there's always books on my bookshelf that taunt me. And so I read that book. He's a patriarch Yeah. It's so good. It's fat. It's I read about a quarter of it. It was great. But but, he he'll do like the one, one and a half hour summary. And so, a, it's a great way to remind yourself. Like, I I read Titan a couple of years ago about John d rockefeller, and I relistened to it. It reminded me of a lot of the lessons. And then, b, it'll actually tell me, do I wanna read this book? Is this person actually interesting? Or just give me a cursory understanding of that person. So I absolutely love that one. In terms of books,

59:24

the one that I loved over the last year is the operator, which is about David Gffen, The guy is a absolute lunatic.

the one that I loved over the last year is the operator, which is about David Gffen, The guy is a absolute lunatic.

59:32

It's fascinating. Like, the picture of him,

It's fascinating. Like, the picture of him,

59:35

you know, why is he the way he is? Deep dive on his

you know, why is he the way he is? Deep dive on his

59:39

started.

started.

59:40

He started geffen records.

He started geffen records.

59:42

I mean, this guy this guy was like,

I mean, this guy this guy was like,

59:44

he's touched so many industries,

he's touched so many industries,

59:46

you know, huge musicians. But he's a movie guy too at this point. Like, yeah. I mean, yeah, fascinating career, but also an incredible investor.

you know, huge musicians. But he's a movie guy too at this point. Like, yeah. I mean, yeah, fascinating career, but also an incredible investor.

59:56

And capital allocator and stuff. But what a fascinating book, and it's one of those ones where it's very unflattering,

And capital allocator and stuff. But what a fascinating book, and it's one of those ones where it's very unflattering,

01:00:02

but it's incredible.

but it's incredible.

01:00:04

Okay. That's It's worth like five or ten billion dollars at this point. I mean, he's like a big deal. Alright. I'll do,

Okay. That's It's worth like five or ten billion dollars at this point. I mean, he's like a big deal. Alright. I'll do,

01:00:10

book. I'm gonna have I got two two picks that I thought were good.

book. I'm gonna have I got two two picks that I thought were good.

01:00:15

I only read probably three or four books this year, but,

I only read probably three or four books this year, but,

01:00:17

this one.

this one.

01:00:19

So think on these things by Krishna Murti. That's like a

So think on these things by Krishna Murti. That's like a

01:00:22

life philosophy book

life philosophy book

01:00:24

that,

that,

01:00:25

I love You said that was your favorite book one time, and I asked you how far into the book you've read. And you said you're on the first three pages. Yeah. Actually,

I love You said that was your favorite book one time, and I asked you how far into the book you've read. And you said you're on the first three pages. Yeah. Actually,

01:00:33

I'm only about thirty pages in now.

I'm only about thirty pages in now.

01:00:36

So I've gone from three to thirty in a year. I think it might have been my pick last year too.

So I've gone from three to thirty in a year. I think it might have been my pick last year too.

01:00:42

This book is so heavy, man. It's got like, let me see how far. Dude, it's not. Okay. That's like two hundred fifty pages. Hundred and ten pages in.

This book is so heavy, man. It's got like, let me see how far. Dude, it's not. Okay. That's like two hundred fifty pages. Hundred and ten pages in.

01:00:49

So some one hundred and ten pages in, and,

So some one hundred and ten pages in, and,

01:00:52

it's a it's a it's an amazing book. The second one is,

it's a it's a it's an amazing book. The second one is,

01:00:56

Andrew, you probably read this. Richard Weiser happier.

Andrew, you probably read this. Richard Weiser happier.

01:01:00

It's a great book for anybody who likes investing.

It's a great book for anybody who likes investing.

01:01:03

And basically yeah. It's a great book for anybody who likes investing. I think it's a it's a

And basically yeah. It's a great book for anybody who likes investing. I think it's a it's a

01:01:08

It's a fun read. So, those are my two favorite books that I read this year. And then

It's a fun read. So, those are my two favorite books that I read this year. And then

01:01:13

podcast newsletter or person. I'm gonna give two kind of shout outs.

podcast newsletter or person. I'm gonna give two kind of shout outs.

01:01:18

Person one that's, a little under the radar

Person one that's, a little under the radar

01:01:21

is called ten k diver. Do you follow this guy on Twitter?

is called ten k diver. Do you follow this guy on Twitter?

01:01:25

So Yeah. The ten k diver, the bio just it's it's the literally it's the number ten, then k diver. It says, I have people understand the fundamentals of finance and investing.

So Yeah. The ten k diver, the bio just it's it's the literally it's the number ten, then k diver. It says, I have people understand the fundamentals of finance and investing.

01:01:35

And, I think it's called ten k diver because it's like the form ten k, like the the five the that's like the the name of the form or whatever. So, he just gives really great threads about like very basic

And, I think it's called ten k diver because it's like the form ten k, like the the five the that's like the the name of the form or whatever. So, he just gives really great threads about like very basic

01:01:48

fundamentals of finance.

fundamentals of finance.

01:01:50

And I find myself reading these and thinking, oh, surely I know,

And I find myself reading these and thinking, oh, surely I know,

01:01:54

you know, about whatever topic it is. Certainly, I know about stock based compensation. Certainly, I know, you know, whatever cash flow. And then you read it and you're like, I always learn something from it. And I think he's a great writer. He's very clear. He's very helpful.

you know, about whatever topic it is. Certainly, I know about stock based compensation. Certainly, I know, you know, whatever cash flow. And then you read it and you're like, I always learn something from it. And I think he's a great writer. He's very clear. He's very helpful.

01:02:06

I just think it's a great great one to follow. It's like, you know, there's a lot of junk food on Twitter, and I would say that ten k diver is not junk food. I even took his, like, Maven course.

I just think it's a great great one to follow. It's like, you know, there's a lot of junk food on Twitter, and I would say that ten k diver is not junk food. I even took his, like, Maven course.

01:02:16

But Did you really? I only attended, like, half of the sessions just because, like, you know, it's hard to make that much time.

But Did you really? I only attended, like, half of the sessions just because, like, you know, it's hard to make that much time.

01:02:23

Super interesting dude. And, and, you know, I I I don't know. The course wasn't like mind breaking for me, but

Super interesting dude. And, and, you know, I I I don't know. The course wasn't like mind breaking for me, but

01:02:31

I don't know. It's it's all good stuff. It's all good stuff. And so I really I really liked, I really liked the way this guy thinks.

I don't know. It's it's all good stuff. It's all good stuff. And so I really I really liked, I really liked the way this guy thinks.

01:02:38

Okay. So that's the the person one.

Okay. So that's the the person one.

01:02:40

And, okay, book. So I did book. Alright. We're good. We're good on those. We did we all all three did ours?

And, okay, book. So I did book. Alright. We're good. We're good on those. We did we all all three did ours?

01:02:45

Yeah. Alright. Cool. Yeah. What, what topic you wanna do next?

Yeah. Alright. Cool. Yeah. What, what topic you wanna do next?

01:02:49

Wild predictions.

Wild predictions.

01:02:52

Okay. What you got?

Okay. What you got?

01:02:55

Mine's easy. I think mine's easy. Do you want me to read your prediction from last year. Should I read our predictions?

Mine's easy. I think mine's easy. Do you want me to read your prediction from last year. Should I read our predictions?

01:03:00

Yeah. Alright. Our predictions from last year. Sams was,

Yeah. Alright. Our predictions from last year. Sams was,

01:03:05

San Francisco is gonna be cool again. Yeah. San Francisco will be cool again. You think you hit that or no?

San Francisco is gonna be cool again. Yeah. San Francisco will be cool again. You think you hit that or no?

01:03:11

No. But I don't think I'm I I I I'm I early. It's not long. I'm not off by prediction, but I'm but I'm yeah. I'm I'm a little early. It's gonna come back, man. San Francisco, I went back there. It is awesome. San Francisco was awesome. Yeah. You said something about the YouTuber meet Kevin and that,

No. But I don't think I'm I I I I'm I early. It's not long. I'm not off by prediction, but I'm but I'm yeah. I'm I'm a little early. It's gonna come back, man. San Francisco, I went back there. It is awesome. San Francisco was awesome. Yeah. You said something about the YouTuber meet Kevin and that,

01:03:27

he will be, like, you know, his company's gonna break out or something like that. I don't know what that prediction was. Oh, yeah. I totally was wrong.

he will be, like, you know, his company's gonna break out or something like that. I don't know what that prediction was. Oh, yeah. I totally was wrong.

01:03:32

Totally At home diagnostics, you said, was the industry to watch?

Totally At home diagnostics, you said, was the industry to watch?

01:03:36

Yeah. Nothing happened there. And then you said overrated the, creator economy slash web three.

Yeah. Nothing happened there. And then you said overrated the, creator economy slash web three.

01:03:42

Nailed it. Yeah. I nailed that one.

Nailed it. Yeah. I nailed that one.

01:03:46

Andrew, your predictions were that high end high salary inflation is not here to stay. Companies are gonna outsource an offshore,

Andrew, your predictions were that high end high salary inflation is not here to stay. Companies are gonna outsource an offshore,

01:03:54

talent.

talent.

01:03:55

What do you think about that one?

What do you think about that one?

01:03:58

I still think it's right. I think that it just took I think we're just seeing it now, basically, as these tech layoffs happen, I think they're gonna go global. Right. And then you said overrated,

I still think it's right. I think that it just took I think we're just seeing it now, basically, as these tech layoffs happen, I think they're gonna go global. Right. And then you said overrated,

01:04:08

you said NFTs?

you said NFTs?

01:04:11

I think we I think we structured this differently last time. We did, like, companies to watch overrated thing to watch. I said overrated with specs. I think that was right.

I think we I think we structured this differently last time. We did, like, companies to watch overrated thing to watch. I said overrated with specs. I think that was right.

01:04:19

I said a company to watch Tara Luna. That was way wrong. Am I crazy was that the book of I will end up is richer than Zuck, which is, you know, early, like we already talked about. Okay. So this year, what do you got for a prediction or predictions for twenty twenty three?

I said a company to watch Tara Luna. That was way wrong. Am I crazy was that the book of I will end up is richer than Zuck, which is, you know, early, like we already talked about. Okay. So this year, what do you got for a prediction or predictions for twenty twenty three?

01:04:33

So we structured it differently, but let me say my mine too because they're fast. One, Elon Musk either dies

So we structured it differently, but let me say my mine too because they're fast. One, Elon Musk either dies

01:04:40

or he

or he

01:04:42

or he gets canceled

or he gets canceled

01:04:43

or he gets canceled in an incredibly, like, serious way. And Tesla stock completely tanks.

or he gets canceled in an incredibly, like, serious way. And Tesla stock completely tanks.

01:04:50

The second thing is so open at open AI.

The second thing is so open at open AI.

01:04:54

Something involving regulations gonna happen because, like, there's already been little bits of pieces. Like, if you Google or if you use OpenAI and you ask them about coal, they say, like, you know, we think that

Something involving regulations gonna happen because, like, there's already been little bits of pieces. Like, if you Google or if you use OpenAI and you ask them about coal, they say, like, you know, we think that

01:05:05

climate change is wrong yada yada yada, or if you ask them about,

climate change is wrong yada yada yada, or if you ask them about,

01:05:11

race,

race,

01:05:13

they say something like, you know, race is a social and cultural construct and the, you we don't we don't wanna give it our opinion on this. Like, they kinda but they actually do insert their opinion.

they say something like, you know, race is a social and cultural construct and the, you we don't we don't wanna give it our opinion on this. Like, they kinda but they actually do insert their opinion.

01:05:23

And I think that there's gonna be some weird shit going on where, like, right now, like, like, for example, they'll, like, say like, hey, we'll give you a hundred thousand dollars for ten percent of your company if you build on top of our platform and there should be all these new tools and but it's all gonna be underlined with this, like, potential massive bias that Open AI has. And I think there's gotta be some type of regulation around it. Do you know what I mean? Yeah. Andrew, what you got? Predictions.

And I think that there's gonna be some weird shit going on where, like, right now, like, like, for example, they'll, like, say like, hey, we'll give you a hundred thousand dollars for ten percent of your company if you build on top of our platform and there should be all these new tools and but it's all gonna be underlined with this, like, potential massive bias that Open AI has. And I think there's gotta be some type of regulation around it. Do you know what I mean? Yeah. Andrew, what you got? Predictions.

01:05:46

And by the way, these are supposed to be when we said we said wild predictions. So, again, we're not saying we're sure these are gonna happen. These are like sort of interesting predictions.

And by the way, these are supposed to be when we said we said wild predictions. So, again, we're not saying we're sure these are gonna happen. These are like sort of interesting predictions.

01:05:54

Yes. So you remember like five years ago, everyone was saying Apple doesn't innovate anymore. They can't do AI.

Yes. So you remember like five years ago, everyone was saying Apple doesn't innovate anymore. They can't do AI.

01:06:01

And what was happening is that Google

And what was happening is that Google

01:06:04

at least historically

at least historically

01:06:05

has innovated in public. So they're constantly releasing

has innovated in public. So they're constantly releasing

01:06:08

new features and showing off these kinda half baked ideas that are in their r and d labs, whereas Apple has always been very opaque. They'll work on selling for seven years. They won't share it. And then all of a sudden, they'll release it. And I think that same thing is happening with GPT three and AI. I do believe that while right now, I can say I'm using GPT three instead of Google. I think Google has probably been working on something similar for years and years and years and is probably very far ahead. Maybe not ahead of GPT three necessarily, but that they have their own offering.

new features and showing off these kinda half baked ideas that are in their r and d labs, whereas Apple has always been very opaque. They'll work on selling for seven years. They won't share it. And then all of a sudden, they'll release it. And I think that same thing is happening with GPT three and AI. I do believe that while right now, I can say I'm using GPT three instead of Google. I think Google has probably been working on something similar for years and years and years and is probably very far ahead. Maybe not ahead of GPT three necessarily, but that they have their own offering.

01:06:39

And so I just think it's,

And so I just think it's,

01:06:41

those there there's gonna be a lot of, a lot of other players in that space coming out over the next probably three to six months.

those there there's gonna be a lot of, a lot of other players in that space coming out over the next probably three to six months.

01:06:48

And that it will be there's gonna be an ecosystem of offerings similar to AWS and Azure

And that it will be there's gonna be an ecosystem of offerings similar to AWS and Azure

01:06:55

and Google Cloud. I think it'll be the same thing with GPT three, Google,

and Google Cloud. I think it'll be the same thing with GPT three, Google,

01:07:00

maybe Microsoft. I don't know who else. Cool.

maybe Microsoft. I don't know who else. Cool.

01:07:04

Sam, I agree with your Elon one. That's one of my predictions. I think he he gets canceled in a big way, or one of his companies goes broke. I think that is a

Sam, I agree with your Elon one. That's one of my predictions. I think he he gets canceled in a big way, or one of his companies goes broke. I think that is a

01:07:12

a a good wild prediction.

a a good wild prediction.

01:07:14

But I'm actually not gonna predict. I think they're yeah. He he he's gonna get me tude, I think.

But I'm actually not gonna predict. I think they're yeah. He he he's gonna get me tude, I think.

01:07:19

Yeah. I feel he already has and somehow didn't he already? I mean, he already did. I mean,

Yeah. I feel he already has and somehow didn't he already? I mean, he already did. I mean,

01:07:24

yeah. Kinda. I think he's uncancelable.

yeah. Kinda. I think he's uncancelable.

01:07:26

Kind of given all this stuff. I think people think that and then it's gonna get the number of fans to it. I think he's gonna can't they're gonna cancel the uncanceable.

Kind of given all this stuff. I think people think that and then it's gonna get the number of fans to it. I think he's gonna can't they're gonna cancel the uncanceable.

01:07:34

But I'm not really gonna predict anything that's like

But I'm not really gonna predict anything that's like

01:07:37

the macro because, a, who the hell knows and, b, who the hell cares, I'm actually gonna take a page out of out of the book of, of something we respect highly here on MFM.

the macro because, a, who the hell knows and, b, who the hell cares, I'm actually gonna take a page out of out of the book of, of something we respect highly here on MFM.

01:07:49

Call on your own shot. So my predictions are about myself.

Call on your own shot. So my predictions are about myself.

01:07:53

So here's my here's my predictions about about myself.

So here's my here's my predictions about about myself.

01:07:57

I predict that this is the year

I predict that this is the year

01:08:00

that I get ripped.

that I get ripped.

01:08:02

I predict that I turn the corner

I predict that I turn the corner

01:08:04

And is the and they're not like, oh, I get back in shape. No. You've always never been in this kind of shape. So I'm gonna

And is the and they're not like, oh, I get back in shape. No. You've always never been in this kind of shape. So I'm gonna

01:08:11

get ripped for the first time.

get ripped for the first time.

01:08:13

And, I also believe that I'm gonna start a company that is, special. I don't want I don't wanna put a dollar amount because these special things take time. It's not gonna happen in one year, but I'm gonna do I'm gonna start the thing

And, I also believe that I'm gonna start a company that is, special. I don't want I don't wanna put a dollar amount because these special things take time. It's not gonna happen in one year, but I'm gonna do I'm gonna start the thing

01:08:27

that will

that will

01:08:29

be my kind of like,

be my kind of like,

01:08:31

the thing I'm

the thing I'm

01:08:33

known for for a very long time, the legacy thing or the thing that, you know, builds the the the big the big wealth, the big empire. I think it's gonna happen this year. So those are my predictions,

known for for a very long time, the legacy thing or the thing that, you know, builds the the the big the big wealth, the big empire. I think it's gonna happen this year. So those are my predictions,

01:08:42

for myself for twenty twenty three. Well, I'm happy you called your shot. I actually agree with you. I think you're gonna do that too. I think you're you're more than likely gonna create that company than you are get ripped, but,

for myself for twenty twenty three. Well, I'm happy you called your shot. I actually agree with you. I think you're gonna do that too. I think you're you're more than likely gonna create that company than you are get ripped, but,

01:08:56

you're just giving me that fuel Thank you for the fuel.

you're just giving me that fuel Thank you for the fuel.

01:09:01

Are you willing to take drugs to get ripped? No.

Are you willing to take drugs to get ripped? No.

01:09:04

I'm on that. So you're unwilling to take drugs. It's not like the liver king.

I'm on that. So you're unwilling to take drugs. It's not like the liver king.

01:09:09

Okay. Well, then, yeah, then I think that you're well, dude, getting ripped is hard, man. I'm I'm pretty ripped right now. And everyone keeps asking me what I did. And you know what I did? I just didn't eat.

Okay. Well, then, yeah, then I think that you're well, dude, getting ripped is hard, man. I'm I'm pretty ripped right now. And everyone keeps asking me what I did. And you know what I did? I just didn't eat.

01:09:19

And it's really, really a pain in the butt. I don't really like doing it. And so I don't know. Like, I don't think you need to be that ripped. What's your definition of ripped, I guess? Visible abs.

And it's really, really a pain in the butt. I don't really like doing it. And so I don't know. Like, I don't think you need to be that ripped. What's your definition of ripped, I guess? Visible abs.

01:09:32

Yeah. You gotta get to what is it? Twelve percent body fat? Twelve percent. It's not. It it you can be you can live a good life and be at twelve percent. But below ten where I am trying to get it it sucks. I'm just hungry and cold. Yeah. I'm not gonna do that, but, it'll be it'll be visible. Alright.

Yeah. You gotta get to what is it? Twelve percent body fat? Twelve percent. It's not. It it you can be you can live a good life and be at twelve percent. But below ten where I am trying to get it it sucks. I'm just hungry and cold. Yeah. I'm not gonna do that, but, it'll be it'll be visible. Alright.

01:09:48

Let's do another one.

Let's do another one.

01:09:50

Coolest moment of the year for you. What was the coolest moment of the year?

Coolest moment of the year for you. What was the coolest moment of the year?

01:09:55

Personally that you had.

Personally that you had.

01:09:57

Did mine is, like, it kind of felt like we crossed the chasm for, like, kinda like this podcast being well known. And, like, that's a little I didn't wanna do a selfish one. Honestly, I almost said you're selling.

Did mine is, like, it kind of felt like we crossed the chasm for, like, kinda like this podcast being well known. And, like, that's a little I didn't wanna do a selfish one. Honestly, I almost said you're selling.

01:10:08

Yeah.

Yeah.

01:10:11

I almost I wanted to say you selling the milk road. I actually did think that was cool.

I almost I wanted to say you selling the milk road. I actually did think that was cool.

01:10:17

The the thing you do that I got a lot of joy out of and a lot of, like, even though I wasn't involved, it was, like, I felt a sense of pride of, like, we came together. You're like the adviser. So, you know, you were involved.

The the thing you do that I got a lot of joy out of and a lot of, like, even though I wasn't involved, it was, like, I felt a sense of pride of, like, we came together. You're like the adviser. So, you know, you were involved.

01:10:28

Yeah. So

Yeah. So

01:10:29

feel free to send me some money. But,

feel free to send me some money. But,

01:10:33

no. I think, like, us getting popular this year. Like, it it really felt like this is the first time it happened.

no. I think, like, us getting popular this year. Like, it it really felt like this is the first time it happened.

01:10:38

I agree. It's something has changed. Andrew, what about you? You've coolest moment of the year for you?

I agree. It's something has changed. Andrew, what about you? You've coolest moment of the year for you?

01:10:44

So I've talked about this before, but I feel like what I actually if I really am honest what I like about business aside from making money and not making my life easier, is meeting interesting people. And,

So I've talked about this before, but I feel like what I actually if I really am honest what I like about business aside from making money and not making my life easier, is meeting interesting people. And,

01:10:56

you know, I I got to know, Andrew Huberman this year, and we ended up partnering So basically, like, I've got a foundation. I've been giving a bunch of money away to science. And so I met Hebrewman, maybe Is that who you wrote the check here?

you know, I I got to know, Andrew Huberman this year, and we ended up partnering So basically, like, I've got a foundation. I've been giving a bunch of money away to science. And so I met Hebrewman, maybe Is that who you wrote the check here?

01:11:11

Yeah. Yeah. Exactly. Just science.

Yeah. Yeah. Exactly. Just science.

01:11:13

But, I met Hebrewman, like, a year or two ago, and basically, we did this thing where when people subscribe to his premium podcast, a bunch of the money goes to,

But, I met Hebrewman, like, a year or two ago, and basically, we did this thing where when people subscribe to his premium podcast, a bunch of the money goes to,

01:11:23

basically, funding science and research that he wants to fund, And I basically said, look, I'll double, I'll double every single dollar that you donate. And so we've got this partnership. And I just love that kind of stuff where I can work with someone who I respect a benefactor. Do something that I think is better. That's a cool moment. You're you've become a benefactor.

basically, funding science and research that he wants to fund, And I basically said, look, I'll double, I'll double every single dollar that you donate. And so we've got this partnership. And I just love that kind of stuff where I can work with someone who I respect a benefactor. Do something that I think is better. That's a cool moment. You're you've become a benefactor.

01:11:41

What's what's what do you mean? Like a patreon of science. You get to use one of these words that's, like, from the eighteen hundreds, would you do things like that? Yeah. It feels good. It's fun. Dude, and and and you have an excuse now to hang out with the dreamiest guy on earth, Andrew Huberman. Yeah. Totally. Sam jealous anytime you want.

What's what's what do you mean? Like a patreon of science. You get to use one of these words that's, like, from the eighteen hundreds, would you do things like that? Yeah. It feels good. It's fun. Dude, and and and you have an excuse now to hang out with the dreamiest guy on earth, Andrew Huberman. Yeah. Totally. Sam jealous anytime you want.

01:11:57

For sure. Alright. My coolest moment of the year was

For sure. Alright. My coolest moment of the year was

01:12:01

you were there for this, Sam.

you were there for this, Sam.

01:12:04

When

When

01:12:05

we were at camp MFM, and we got to go do a tour of, of Duke's, basketball stadium and we're in there. And then we, we're sitting down gave they gave us the talk. It was an hour. It was a good experience at that point, but we we had a there was a moment that made it a good experience to him, like, a a Keystone memory, which was when I bet mister Beast, ten thousand dollars that I could hit a shot from half court,

we were at camp MFM, and we got to go do a tour of, of Duke's, basketball stadium and we're in there. And then we, we're sitting down gave they gave us the talk. It was an hour. It was a good experience at that point, but we we had a there was a moment that made it a good experience to him, like, a a Keystone memory, which was when I bet mister Beast, ten thousand dollars that I could hit a shot from half court,

01:12:29

and I hit it.

and I hit it.

01:12:30

And the whole thing A number a number five or Like, the third attempt hit I was like, I'll I'll again hit this before you. The third attempt, I hit it, Doug Cabier. It was it was an amazing fun moment. It made that that trip a little bit more more special and memorable. Did he ever pay you? This is where it comes this is where it gets interesting. It's also actually my biggest l of the year because He didn't pay me. And then

And the whole thing A number a number five or Like, the third attempt hit I was like, I'll I'll again hit this before you. The third attempt, I hit it, Doug Cabier. It was it was an amazing fun moment. It made that that trip a little bit more more special and memorable. Did he ever pay you? This is where it comes this is where it gets interesting. It's also actually my biggest l of the year because He didn't pay me. And then

01:12:54

I had to follow-up.

I had to follow-up.

01:12:56

And I followed up two times.

And I followed up two times.

01:12:58

Three times And now I'm basically begging for the money by the third time. You go from, like, first time you kinda crack it, you you busting balls a little bit, like, hey, bitch. Baby. And then the second time, you're like, hey, man.

Three times And now I'm basically begging for the money by the third time. You go from, like, first time you kinda crack it, you you busting balls a little bit, like, hey, bitch. Baby. And then the second time, you're like, hey, man.

01:13:13

Didn't pay.

Didn't pay.

01:13:14

By the time it's the third one now, this awesome dope moment,

By the time it's the third one now, this awesome dope moment,

01:13:18

has turned it to an l because now I'm having to go. Yeah. I think I think I think you need to take them to small claims quickly.

has turned it to an l because now I'm having to go. Yeah. I think I think I think you need to take them to small claims quickly.

01:13:25

That's how I'm I'm doing that via I message. And

That's how I'm I'm doing that via I message. And

01:13:29

I was like We have an opinion. This is We have the bet on we we dude, we have the bet on video. I know. I know it. So this this this baller moment of confidence

I was like We have an opinion. This is We have the bet on we we dude, we have the bet on video. I know. I know it. So this this this baller moment of confidence

01:13:38

of being like, hey, bet you ten grand. I can hit this shot and then actually hitting it,

of being like, hey, bet you ten grand. I can hit this shot and then actually hitting it,

01:13:43

with, you know, everybody there in the center of, you know, cameras Cameron Stadium at Cameron indoor Stadium

with, you know, everybody there in the center of, you know, cameras Cameron Stadium at Cameron indoor Stadium

01:13:48

turned into a bit of a a small boy moment of being like, hey, hey,

turned into a bit of a a small boy moment of being like, hey, hey,

01:13:52

hey, did you have a chance to I just I know you're busy. Just

hey, did you have a chance to I just I know you're busy. Just

01:13:56

You think you can

You think you can

01:13:58

I I'll send the details again? Maybe maybe it's on my end.

I I'll send the details again? Maybe maybe it's on my end.

01:14:04

Dude, is he lying about every other,

Dude, is he lying about every other,

01:14:07

donation? He's ever done. Coffee, they'll, like, get on it. Are are there thousands of victims like me.

donation? He's ever done. Coffee, they'll, like, get on it. Are are there thousands of victims like me.

01:14:17

That's crazy. I can't believe you did pay you. Doesn't seem like someone who would do that. He blamed his assistant. He's like, oh, fuck. Sorry. My assistant, you know, I'm gonna uh-uh, I'm gonna have to yell at him.

That's crazy. I can't believe you did pay you. Doesn't seem like someone who would do that. He blamed his assistant. He's like, oh, fuck. Sorry. My assistant, you know, I'm gonna uh-uh, I'm gonna have to yell at him.

01:14:27

Yeah. Right. Okay.

Yeah. Right. Okay.

01:14:29

Let's do,

Let's do,

01:14:30

let's do the craziest, most delusional person of the year that we met. This one's for for us. It's probably easy. It's Billy McFarlane.

let's do the craziest, most delusional person of the year that we met. This one's for for us. It's probably easy. It's Billy McFarlane.

01:14:38

Did you hear that? Oh, yeah. Did you hear that interview, Sean, or, Andrew? No. I did. I didn't hear it. I don't like when you guys interview people like that because I I know know it's like interesting and stuff, but I feel like if you if only even if only five percent of people hear that and go, Hey, he actually sounds like a good guy. I just think like he's gonna go and fuck more people over. I don't know. What do you guys think? I I didn't and I Sean,

Did you hear that? Oh, yeah. Did you hear that interview, Sean, or, Andrew? No. I did. I didn't hear it. I don't like when you guys interview people like that because I I know know it's like interesting and stuff, but I feel like if you if only even if only five percent of people hear that and go, Hey, he actually sounds like a good guy. I just think like he's gonna go and fuck more people over. I don't know. What do you guys think? I I didn't and I Sean,

01:15:01

do those bad things. He goes and listens to all in.

do those bad things. He goes and listens to all in.

01:15:04

Instead. He doesn't listen to the episode. He goes on strike. Sean wholeheartedly disagrees with you, I think. Yeah. I totally disagree. I think, you know, this podcast is our vehicle to have conversations with interesting people, and everybody's an adult. They should judge for themselves whether they think this person's full of shit or deserves a second chance or whatever. On the pod itself, he told us what he was doing. And literally,

Instead. He doesn't listen to the episode. He goes on strike. Sean wholeheartedly disagrees with you, I think. Yeah. I totally disagree. I think, you know, this podcast is our vehicle to have conversations with interesting people, and everybody's an adult. They should judge for themselves whether they think this person's full of shit or deserves a second chance or whatever. On the pod itself, he told us what he was doing. And literally,

01:15:26

with a one pause, I just go, that's a horrible idea. And I I actually felt bad that I was that brutal about it.

with a one pause, I just go, that's a horrible idea. And I I actually felt bad that I was that brutal about it.

01:15:33

But it really was. I thought a horrible idea, and I felt the need to just, like, say it. So,

But it really was. I thought a horrible idea, and I felt the need to just, like, say it. So,

01:15:39

I think it's one thing if you invite them on and they just, like, like, I see this sometimes people just, like, suck up to people. And the other is to be, like, dude, what the hell were you thinking? Or they're like, oh, you know, I just thought this. Like, are you serious? Like, really you, like, are you gonna look at me with a straight face and say, that this was all just an honest mistake. Like, you had to have known. Right? So I think as long as you are real with your questions,

I think it's one thing if you invite them on and they just, like, like, I see this sometimes people just, like, suck up to people. And the other is to be, like, dude, what the hell were you thinking? Or they're like, oh, you know, I just thought this. Like, are you serious? Like, really you, like, are you gonna look at me with a straight face and say, that this was all just an honest mistake. Like, you had to have known. Right? So I think as long as you are real with your questions,

01:16:03

then it's all good. But that's my, you know, my opinion. I just think I just think it's like,

then it's all good. But that's my, you know, my opinion. I just think I just think it's like,

01:16:07

it's giving air time to people that are bad. Right? Like, I would say Billy McFarlane

it's giving air time to people that are bad. Right? Like, I would say Billy McFarlane

01:16:13

is probably a psychopath.

is probably a psychopath.

01:16:15

Right? But Bernie made obviously a documentary on Netflix coming out in three days. Are you gonna watch that? Bernie made off his debt?

Right? But Bernie made obviously a documentary on Netflix coming out in three days. Are you gonna watch that? Bernie made off his debt?

01:16:24

If I if you had if you had Bernie Madoff on your podcast and you were like, Hey, so, like, what happened? Tell us your story. And even if you kinda call him out, if he's like a a real psychopath is like pretty charming and like believable

If I if you had if you had Bernie Madoff on your podcast and you were like, Hey, so, like, what happened? Tell us your story. And even if you kinda call him out, if he's like a a real psychopath is like pretty charming and like believable

01:16:37

and you listen to them and there's gonna be a percentage of people that hear that and the difference with madoff is. He's in jail. Right? The then, like, Billy McFarlane, I don't get an eye. No idea. You know, he he served his time. Sure. But like he's probably gonna go on and do more sketchy shit or I don't know. Any of these people who have a pattern of behavior of doing psychopathic,

and you listen to them and there's gonna be a percentage of people that hear that and the difference with madoff is. He's in jail. Right? The then, like, Billy McFarlane, I don't get an eye. No idea. You know, he he served his time. Sure. But like he's probably gonna go on and do more sketchy shit or I don't know. Any of these people who have a pattern of behavior of doing psychopathic,

01:17:00

fraudulent stuff I just don't think they should get any airtime, frankly. Yeah. Okay. Fair enough. I think there's a lot of people who would agree with you. I don't personally, but Most most probably do. But I actually I'm I'm partially on Sean's side. I am mostly on Sean's side, but I I do feel guilt sometimes. Like, there's another person who Sean wants to have on that I think there's not a chance we should.

fraudulent stuff I just don't think they should get any airtime, frankly. Yeah. Okay. Fair enough. I think there's a lot of people who would agree with you. I don't personally, but Most most probably do. But I actually I'm I'm partially on Sean's side. I am mostly on Sean's side, but I I do feel guilt sometimes. Like, there's another person who Sean wants to have on that I think there's not a chance we should.

01:17:21

But,

But,

01:17:22

let's

let's

01:17:23

So imagine here's here's how I would tell you to think about this. Like, imagine that you, so you know, Sam, you've told me stories of guys who I remember you told me there's some advertiser who is fucking you over and not paying you and you felt very cheated

So imagine here's here's how I would tell you to think about this. Like, imagine that you, so you know, Sam, you've told me stories of guys who I remember you told me there's some advertiser who is fucking you over and not paying you and you felt very cheated

01:17:38

And Sean, I mean, that guy that you sued, who you felt like was chiseling you, the landlord, or whatever. Now let's say I have a podcast and I say, well, there's two sides to every story. And he's fascinating. I'm gonna go have that guy on my podcast. As the victim, you'd be like, what the fuck? I would

And Sean, I mean, that guy that you sued, who you felt like was chiseling you, the landlord, or whatever. Now let's say I have a podcast and I say, well, there's two sides to every story. And he's fascinating. I'm gonna go have that guy on my podcast. As the victim, you'd be like, what the fuck? I would

01:17:55

I want you to ask that question. I would say ask as long as you actually ask the questions and you, you're not just giving them a, like, a chance to lie or say b s in a way that's

I want you to ask that question. I would say ask as long as you actually ask the questions and you, you're not just giving them a, like, a chance to lie or say b s in a way that's

01:18:06

like It's obviously b s, but you let them skate on it. Like, that's what happened with, like, Sam Bank but free Yeah. But look at look at Tylopez.

like It's obviously b s, but you let them skate on it. Like, that's what happened with, like, Sam Bank but free Yeah. But look at look at Tylopez.

01:18:12

Look at Tylopez Kai Lopez got legitimized by being on MFM. A lot of people heard him and went, you know what? He's not a bad guy and, you know, Sam kinda likes him and whatever. And, like, what has he been doing over the last time? Wait. Wait. Wait. What did I do? I didn't do it anymore. You said you're you were, like, yeah, I met him. I met him in a hotel, and he was actually a really nice guy. Right? And it's Of course, he is. He's a psychoable

Look at Tylopez Kai Lopez got legitimized by being on MFM. A lot of people heard him and went, you know what? He's not a bad guy and, you know, Sam kinda likes him and whatever. And, like, what has he been doing over the last time? Wait. Wait. Wait. What did I do? I didn't do it anymore. You said you're you were, like, yeah, I met him. I met him in a hotel, and he was actually a really nice guy. Right? And it's Of course, he is. He's a psychoable

01:18:33

charming.

charming.

01:18:35

I like everyone.

I like everyone.

01:18:36

I like everyone. I like everyone. Respect the audience. And meaning,

I like everyone. I like everyone. Respect the audience. And meaning,

01:18:39

I believe that it you should have the opportunity to hear it and make your own decision. I don't pretend that I'm your parent and I'm legitimizing

I believe that it you should have the opportunity to hear it and make your own decision. I don't pretend that I'm your parent and I'm legitimizing

01:18:48

them or I'm telling you they're good or bad or whatever. I'm just letting you see them. And if you see them and you decide that they're great, great. If you decide that we didn't ask tough questions and you can't make a decision. But Andrew, you promote, you promote Bill Ackman.

them or I'm telling you they're good or bad or whatever. I'm just letting you see them. And if you see them and you decide that they're great, great. If you decide that we didn't ask tough questions and you can't make a decision. But Andrew, you promote, you promote Bill Ackman.

01:19:03

Sure. Like I absolutely do. He's my business partner. And I'm not saying I actually don't know all the details. How could you put him in the same category?

Sure. Like I absolutely do. He's my business partner. And I'm not saying I actually don't know all the details. How could you put him in the same category?

01:19:09

Well, a a lot I'm not saying I do, but a lot of people do. Don't they, Andrew? Like, that's objective. You can actually and you can at least say that a, like, a lot of people do think that he's,

Well, a a lot I'm not saying I do, but a lot of people do. Don't they, Andrew? Like, that's objective. You can actually and you can at least say that a, like, a lot of people do think that he's,

01:19:18

What did the electric do that's on on considered controversial? Oh, yeah. What did he do exactly? That would be like fraudulent or something like that? What was

What did the electric do that's on on considered controversial? Oh, yeah. What did he do exactly? That would be like fraudulent or something like that? What was

01:19:26

Bill has made some investments that have turned out badly, but he's never I don't think he's predatory in any way.

Bill has made some investments that have turned out badly, but he's never I don't think he's predatory in any way.

01:19:35

Know, legitimate is when he went on. What's the MLM? And he was like, I, the market whole market's he basically was like, hell is coming, blah, blah, blah, but didn't disclose it. He had basically a giant short position.

Know, legitimate is when he went on. What's the MLM? And he was like, I, the market whole market's he basically was like, hell is coming, blah, blah, blah, but didn't disclose it. He had basically a giant short position.

01:19:46

Maybe caused a panic. Maybe didn't.

Maybe caused a panic. Maybe didn't.

01:19:49

No, but he he had already if you actually look, he he wrote a letter about this. He'd already sold almost his entire position. He had like one or two percent left. And I spoke to Bill two weeks before that, and he was freaking the fuck out. Like, similar to that CFP sequel, he was in a freaking benefit greatly if people started selling. Right? He he he had a giant -- No. No. -- that's how he made a bunch of money. He wasn't.

No, but he he had already if you actually look, he he wrote a letter about this. He'd already sold almost his entire position. He had like one or two percent left. And I spoke to Bill two weeks before that, and he was freaking the fuck out. Like, similar to that CFP sequel, he was in a freaking benefit greatly if people started selling. Right? He he he had a giant -- No. No. -- that's how he made a bunch of money. He wasn't.

01:20:12

No. No. No. No. That I think it's a big understanding. If you actually look at the timeline, he'd already sold out of that position when he runs CNBC. What about,

No. No. No. No. That I think it's a big understanding. If you actually look at the timeline, he'd already sold out of that position when he runs CNBC. What about,

01:20:20

herbal? Oh, he was He was betting a lot. He was calling Erbalife. I mean, Erbalife,

herbal? Oh, he was He was betting a lot. He was calling Erbalife. I mean, Erbalife,

01:20:25

he went out and he said, this is a multi level marketing scheme.

he went out and he said, this is a multi level marketing scheme.

01:20:29

And what ended up happening is the FTC investigated it and they gave them a two hundred million dollar fine and they got up to the point of saying, Hey,

And what ended up happening is the FTC investigated it and they gave them a two hundred million dollar fine and they got up to the point of saying, Hey,

01:20:38

Is this an ML? They settled with them for like two hundred million. It was the largest,

Is this an ML? They settled with them for like two hundred million. It was the largest,

01:20:43

FTC fine ever. And herbalife

FTC fine ever. And herbalife

01:20:46

the FTC commissioner was asked, is herbalife a multilevel marketing pyramid scheme? And she said it's not

the FTC commissioner was asked, is herbalife a multilevel marketing pyramid scheme? And she said it's not

01:20:54

not one. Right? Because she was legally bound by not calling it that. So, basically, Bill was right, and that was an instance where he lost a shitload of money.

not one. Right? Because she was legally bound by not calling it that. So, basically, Bill was right, and that was an instance where he lost a shitload of money.

01:21:03

Trying to fight a bad guy.

Trying to fight a bad guy.

01:21:05

Did that really happen? I look, I gotta find my switch here. By the way, I I'm not saying Bill Ackman sucks. I think I'm I'm a I like Bill Acman. But you're not No.

Did that really happen? I look, I gotta find my switch here. By the way, I I'm not saying Bill Ackman sucks. I think I'm I'm a I like Bill Acman. But you're not No.

01:21:15

That's not that's not what I'm implying. I'm I'm saying that some people maybe think that he's full of it. Right? I I think, yes. Absolutely. There's people that are critical. I think there's a great quote on this. I'm not saying he is. The tallest the tallest blade of grass is the first to get cut. And I think Bill is very loud

That's not that's not what I'm implying. I'm I'm saying that some people maybe think that he's full of it. Right? I I think, yes. Absolutely. There's people that are critical. I think there's a great quote on this. I'm not saying he is. The tallest the tallest blade of grass is the first to get cut. And I think Bill is very loud

01:21:32

and he is always confident and he's usually right, but not always. And so someone like that I think when they're not right, everyone loves to shiddle over them. Yeah. Yeah. I'm not saying that. I don't think he's in the category where he's got like, you know,

and he is always confident and he's usually right, but not always. And so someone like that I think when they're not right, everyone loves to shiddle over them. Yeah. Yeah. I'm not saying that. I don't think he's in the category where he's got like, you know,

01:21:46

the I don't know of any accusations about stuff like that. I think some people are just like he's not as good. He loses money. He's not as good of an investor as he says or his his fame would lead you to believe. That's a criticism, but that's, like, and it that's, like, that's, like, criticizing someone's skin with LeBron James, not as good as Michael Jordan or whatever. Right? Like, that's different than saying somebody is, you know, a pharmacist. It's like it's like fixating on Warren Buffett buying Dexter's shoe and it now working out and then saying, or, you know, Warren Buffett did some deals in his early career where he bought a business and he ended up having to lay a lot of people off. Right? Now you could build a narrative that Well, Warren but everyone says Warren Buffett's so great, but what about this and what about this? But if you look at it and there's a hundred investments

the I don't know of any accusations about stuff like that. I think some people are just like he's not as good. He loses money. He's not as good of an investor as he says or his his fame would lead you to believe. That's a criticism, but that's, like, and it that's, like, that's, like, criticizing someone's skin with LeBron James, not as good as Michael Jordan or whatever. Right? Like, that's different than saying somebody is, you know, a pharmacist. It's like it's like fixating on Warren Buffett buying Dexter's shoe and it now working out and then saying, or, you know, Warren Buffett did some deals in his early career where he bought a business and he ended up having to lay a lot of people off. Right? Now you could build a narrative that Well, Warren but everyone says Warren Buffett's so great, but what about this and what about this? But if you look at it and there's a hundred investments

01:22:28

and ten of them didn't go well. Know, you can fixate on the ten, but you can look at the long term performance. Bill's compounded at twenty plus percent. I think twenty five percent or something crazy.

and ten of them didn't go well. Know, you can fixate on the ten, but you can look at the long term performance. Bill's compounded at twenty plus percent. I think twenty five percent or something crazy.

01:22:38

Maybe not quite that, but something exceptional.

Maybe not quite that, but something exceptional.

01:22:40

So again, like, he's my business partner. Obviously, I'll defend him. I'm not, by the way. But, yeah, I wanna be clear. I don't think he's anywhere near those guys. I'm that's crazy. I'm not saying I think he sucks. I actually like him a lot of from what I read about him. I I'm just saying my point being is a lot of people a lot of awesome people have haters and just because you have a lot of haters doesn't necessarily mean I don't think you should we shouldn't have you on. That's my whole point. But imagine, okay, you guys have a newspaper. Right. Effectively, you guys own the New York Times of tech startup bros. Right? Like, that that's what that's what MFM is. You guys have this huge audience. Which puts you on that? Would it be goal for the editor editor of the New York Times to put an op ed from Bernie Madoff on the front cover. Right? It was not an op ed. It's an interview.

So again, like, he's my business partner. Obviously, I'll defend him. I'm not, by the way. But, yeah, I wanna be clear. I don't think he's anywhere near those guys. I'm that's crazy. I'm not saying I think he sucks. I actually like him a lot of from what I read about him. I I'm just saying my point being is a lot of people a lot of awesome people have haters and just because you have a lot of haters doesn't necessarily mean I don't think you should we shouldn't have you on. That's my whole point. But imagine, okay, you guys have a newspaper. Right. Effectively, you guys own the New York Times of tech startup bros. Right? Like, that that's what that's what MFM is. You guys have this huge audience. Which puts you on that? Would it be goal for the editor editor of the New York Times to put an op ed from Bernie Madoff on the front cover. Right? It was not an op ed. It's an interview.

01:23:23

It's it's a big big difference. Again, I hear I totally I totally agree. I hear you guys. I know you wanna like stir the pot and it's good good listening. I just, for me, like, I just hate when these weasels get airtime. Okay. Let's get back. Yeah. Let's let's move on. Alright, Andrew.

It's it's a big big difference. Again, I hear I totally I totally agree. I hear you guys. I know you wanna like stir the pot and it's good good listening. I just, for me, like, I just hate when these weasels get airtime. Okay. Let's get back. Yeah. Let's let's move on. Alright, Andrew.

01:23:38

Who's the most delusional person you met this year?

Who's the most delusional person you met this year?

01:23:42

So, okay. So it's a delusional person who I think is amazing.

So, okay. So it's a delusional person who I think is amazing.

01:23:46

You guys probably will say the same person. It's Brian Johnson.

You guys probably will say the same person. It's Brian Johnson.

01:23:49

I met Brian almost a year ago and I remember sitting down with him and looking just looking at him He's like a translucent

I met Brian almost a year ago and I remember sitting down with him and looking just looking at him He's like a translucent

01:23:56

glowing twilight vampire. Like, he just looks if you cut his arm off, there's circuits under there. I I and he's so incredibly well spoken and like like you Sam, I think you said he's like the the Elon but like behind the scenes and quiet Right? He's special. I think he's amazing. I think he's like

glowing twilight vampire. Like, he just looks if you cut his arm off, there's circuits under there. I I and he's so incredibly well spoken and like like you Sam, I think you said he's like the the Elon but like behind the scenes and quiet Right? He's special. I think he's amazing. I think he's like

01:24:15

he's like dedicating his life to basically being a test

he's like dedicating his life to basically being a test

01:24:19

you know, a test case for the rest of us. So I really admire him, and I think he's really interesting. How do you look at person? Did he look,

you know, a test case for the rest of us. So I really admire him, and I think he's really interesting. How do you look at person? Did he look,

01:24:26

on our pot? He almost looked almost looked a little ill. Like, he was so skinny.

on our pot? He almost looked almost looked a little ill. Like, he was so skinny.

01:24:30

Yeah. He was so pale that there was no pigment in his skin, like, literally, like, literally looked like

Yeah. He was so pale that there was no pigment in his skin, like, literally, like, literally looked like

01:24:36

most that movie,

most that movie,

01:24:39

with the fuck, what is it?

with the fuck, what is it?

01:24:42

The the robot guy alien. Alien with the robot guy. Like, just totally pale humanoid.

The the robot guy alien. Alien with the robot guy. Like, just totally pale humanoid.

01:24:48

That's, that's my pick too. Brian Johnson, for the for the exact same reason. So we'll we'll we'll move to the next one.

That's, that's my pick too. Brian Johnson, for the for the exact same reason. So we'll we'll we'll move to the next one.

01:24:54

He was he was, you're right. Crazy and delusional

He was he was, you're right. Crazy and delusional

01:24:57

in the best way possible.

in the best way possible.

01:25:00

Yeah, as a com mean, mean that as a compliment.

Yeah, as a com mean, mean that as a compliment.

01:25:04

Okay. Did you guys have another category that you really like your answer for? Does anybody like think they got something good because we can just go to those. The the relationship hacks and the, the relationship hack. What you got?

Okay. Did you guys have another category that you really like your answer for? Does anybody like think they got something good because we can just go to those. The the relationship hacks and the, the relationship hack. What you got?

01:25:15

So

So

01:25:16

they always say like the best first date

they always say like the best first date

01:25:19

is

is

01:25:20

an adrenaline kind of event. Right? So, like, you wanna go on a hike. You wanna get your heart pounding. Maybe you go and do like a ropes, you know, those, what are they called? They're like rope swings through the forest, whatever. Like something that gets your heart pounding because when someone associates

an adrenaline kind of event. Right? So, like, you wanna go on a hike. You wanna get your heart pounding. Maybe you go and do like a ropes, you know, those, what are they called? They're like rope swings through the forest, whatever. Like something that gets your heart pounding because when someone associates

01:25:36

you with a peak experience, like a physical feeling of peak experience, that's very positive and it bonds you And the same thing is true with alcohol.

you with a peak experience, like a physical feeling of peak experience, that's very positive and it bonds you And the same thing is true with alcohol.

01:25:44

So I I kinda stopped drinking,

So I I kinda stopped drinking,

01:25:47

maybe like seven or eight years ago, And I've kind of mourned the ability to go and you know down a pint with someone because they always end up telling you everything. They tell you about their business and the problems they're having and you know what mine with their wife, it's like hanging out once drunk is like hanging out ten times sober. And so what I've been doing is I've been been inviting people that I would otherwise have like a meeting with over to my house and will do a really long sauna and a cold plunge And I've been finding like I just feel so incredibly bonded to people because I'm having my my body is pumped full of all these endogenous drugs.

maybe like seven or eight years ago, And I've kind of mourned the ability to go and you know down a pint with someone because they always end up telling you everything. They tell you about their business and the problems they're having and you know what mine with their wife, it's like hanging out once drunk is like hanging out ten times sober. And so what I've been doing is I've been been inviting people that I would otherwise have like a meeting with over to my house and will do a really long sauna and a cold plunge And I've been finding like I just feel so incredibly bonded to people because I'm having my my body is pumped full of all these endogenous drugs.

01:26:23

And it's been really good. It's been kinda like drinking with someone. Dude, can I tell you what mine was? Here's I'm gonna read let me word read read it word for word. Invite people have them come over for dinner and cook for them, and we take ice baths together.

And it's been really good. It's been kinda like drinking with someone. Dude, can I tell you what mine was? Here's I'm gonna read let me word read read it word for word. Invite people have them come over for dinner and cook for them, and we take ice baths together.

01:26:38

After dinner before dinner, what are you doing?

After dinner before dinner, what are you doing?

01:26:41

Before. Do you tell them like the brand some trunks or how do you prepare? You just sprinkle on them? Or or sometimes sometimes they're just spraying on them and I have a towel already and I have shorts in it. And it's so funny that that's exactly what mine is. Another relationship hack that I have is I bring my wife to almost everything.

Before. Do you tell them like the brand some trunks or how do you prepare? You just sprinkle on them? Or or sometimes sometimes they're just spraying on them and I have a towel already and I have shorts in it. And it's so funny that that's exactly what mine is. Another relationship hack that I have is I bring my wife to almost everything.

01:26:56

So so it feels like a family, a gathering, and also she's like

So so it feels like a family, a gathering, and also she's like

01:27:00

like, hot and, like, well, like, well read and, like, can have a discussion. So it automatically makes me seem better.

like, hot and, like, well, like, well read and, like, can have a discussion. So it automatically makes me seem better.

01:27:07

Oh, you're the guy with the hot works part wife? Oh. Yeah. And

Oh, you're the guy with the hot works part wife? Oh. Yeah. And

01:27:11

that,

that,

01:27:14

yeah. So, Andrew, we I had the same thing. Another thing that I that I typically don't do and I and I think this is the worst way to hang out is while exercising.

yeah. So, Andrew, we I had the same thing. Another thing that I that I typically don't do and I and I think this is the worst way to hang out is while exercising.

01:27:22

I hate when people say let's go get a workout together. I'm like, I don't want to. I never want to do that ever. I will never do a workout and hang out.

I hate when people say let's go get a workout together. I'm like, I don't want to. I never want to do that ever. I will never do a workout and hang out.

01:27:29

Yeah. I want silence. Same. I'm the opposite. I love love a workout together. That's a great that's a great idea. I've had multiple listeners from the pod be like, hey, I'm in town.

Yeah. I want silence. Same. I'm the opposite. I love love a workout together. That's a great that's a great idea. I've had multiple listeners from the pod be like, hey, I'm in town.

01:27:38

Winter workout. Like, I'll just come swing by and we'll just do it together. And I was like, oh, that's perfect. I don't wanna separately beat you. And, I'll learn so much about you just seeing how you work out. That this is, like, how you deal with, like, you know, adversity, like, you know, how you're how are you as a hang, you know, do you work out? Like, all these things, it's a it's a great tell. Alright. I got two little hacks. The first is a principle that I've had for a long time. It's called don't attend the party, host the party.

Winter workout. Like, I'll just come swing by and we'll just do it together. And I was like, oh, that's perfect. I don't wanna separately beat you. And, I'll learn so much about you just seeing how you work out. That this is, like, how you deal with, like, you know, adversity, like, you know, how you're how are you as a hang, you know, do you work out? Like, all these things, it's a it's a great tell. Alright. I got two little hacks. The first is a principle that I've had for a long time. It's called don't attend the party, host the party.

01:28:03

This is my, I have a rule. I don't attend other people's events typically, unless it's a real good friend who really wants me to, but I will host.

This is my, I have a rule. I don't attend other people's events typically, unless it's a real good friend who really wants me to, but I will host.

01:28:12

So,

So,

01:28:13

I think hosting is it is,

I think hosting is it is,

01:28:16

let's say,

let's say,

01:28:17

five times the work, but I think it's five hundred times the payoff.

five times the work, but I think it's five hundred times the payoff.

01:28:21

When you actually host the the event. So we, camp MFM is a perfect example of this.

When you actually host the the event. So we, camp MFM is a perfect example of this.

01:28:26

And when you host it,

And when you host it,

01:28:28

the other the other hack in this is

the other the other hack in this is

01:28:31

Make it epic because it's going to be more fun for you to it's like all the logistical work is kinda the same, but if you just use your creativity to make it a more interesting people will come and they'll have like a whole memory to, you know, a whole experience,

Make it epic because it's going to be more fun for you to it's like all the logistical work is kinda the same, but if you just use your creativity to make it a more interesting people will come and they'll have like a whole memory to, you know, a whole experience,

01:28:44

with you. So with Camp MFM,

with you. So with Camp MFM,

01:28:46

the way we did it where we flew to this place, we had basketball trainer, Mr. Beast and Hassan Nashra there. Like, interesting people were there. We all stayed in, you know, an Airbnb, a giant house together. Like, that was

the way we did it where we flew to this place, we had basketball trainer, Mr. Beast and Hassan Nashra there. Like, interesting people were there. We all stayed in, you know, an Airbnb, a giant house together. Like, that was

01:28:57

a instead of just doing a networking event, we made it fun, and we made it different. And I think, and then you get a bunch of benefits of being the one who hosted it. So that's the first one. The second one, I would say, the actual relationship hack with with my wife is

a instead of just doing a networking event, we made it fun, and we made it different. And I think, and then you get a bunch of benefits of being the one who hosted it. So that's the first one. The second one, I would say, the actual relationship hack with with my wife is

01:29:11

so I'm a pretty chill dude, but I do I do have one Achilles heel, which is I'm very, very, very impatient.

so I'm a pretty chill dude, but I do I do have one Achilles heel, which is I'm very, very, very impatient.

01:29:17

And what that means is, like, you know, my wife is, like, slow to leave the house. Trying to go somewhere. I think, oh, dude, why don't this take I feel like I've wasted half my life waiting to leave the house.

And what that means is, like, you know, my wife is, like, slow to leave the house. Trying to go somewhere. I think, oh, dude, why don't this take I feel like I've wasted half my life waiting to leave the house.

01:29:27

You know, you know, just with kids, it gets, like, really slow. So I've always had this impatient and I've tried to be like, alright. I'm gonna be more patient. I'm gonna be more patient. And I realized

You know, you know, just with kids, it gets, like, really slow. So I've always had this impatient and I've tried to be like, alright. I'm gonna be more patient. I'm gonna be more patient. And I realized

01:29:35

that that was actually a fool's errand that the way to be more patient

that that was actually a fool's errand that the way to be more patient

01:29:40

for me is to get in a fight in the morning. And what I started doing was I hired this MMA trainer and I would wake up early, do my workout in the morning and I would spar.

for me is to get in a fight in the morning. And what I started doing was I hired this MMA trainer and I would wake up early, do my workout in the morning and I would spar.

01:29:50

And what I found is that if I spar in the morning,

And what I found is that if I spar in the morning,

01:29:53

I've gotten a really hard strenuous, like endorphin kick, you know, done.

I've gotten a really hard strenuous, like endorphin kick, you know, done.

01:29:58

The rest of the day, I'm just sort of like,

The rest of the day, I'm just sort of like,

01:30:01

you know, it's whatever. Like, I I can wait. Yeah. You can take take an extra ten minutes.

you know, it's whatever. Like, I I can wait. Yeah. You can take take an extra ten minutes.

01:30:06

You wanna change your shirt because maybe this one's a little maybe it's a little too hot. Go ahead. Go change your shirt. Yeah. No problem. I'll be here at the front door. Chillin. And I have become such a more patient person

You wanna change your shirt because maybe this one's a little maybe it's a little too hot. Go ahead. Go change your shirt. Yeah. No problem. I'll be here at the front door. Chillin. And I have become such a more patient person

01:30:18

just by doing a sparring session in the morning. It's a pretty extreme step to take.

just by doing a sparring session in the morning. It's a pretty extreme step to take.

01:30:22

But it is so far the only thing that has gotten me to change this, like, really terrible personality trait after so long.

But it is so far the only thing that has gotten me to change this, like, really terrible personality trait after so long.

01:30:30

Nothing like getting punched in the face. I was I I think I told you that. You did tell me that. And the other experience I had like this was I even skydiving once in the morning and the rest of the day, you couldn't stress me out if you tried. I was I was a completely immune to stress. And so I think there's something to this, like,

Nothing like getting punched in the face. I was I I think I told you that. You did tell me that. And the other experience I had like this was I even skydiving once in the morning and the rest of the day, you couldn't stress me out if you tried. I was I was a completely immune to stress. And so I think there's something to this, like,

01:30:46

having a very exhilarating or adrenaline kick in the morning,

having a very exhilarating or adrenaline kick in the morning,

01:30:51

it just makes the rest of the day completely non stressful. Doesn't mean you don't do anything. It just means you don't stress when we do it.

it just makes the rest of the day completely non stressful. Doesn't mean you don't do anything. It just means you don't stress when we do it.

01:30:58

We were talking about the cold plunges and, I was just listening to a Hebrewman lab and he was talking about this exact thing. So when you're in cold, it obviously stresses your body. You get a huge dopamine spike and you get a adrenaline norepinephrine,

We were talking about the cold plunges and, I was just listening to a Hebrewman lab and he was talking about this exact thing. So when you're in cold, it obviously stresses your body. You get a huge dopamine spike and you get a adrenaline norepinephrine,

01:31:12

all that kind of stuff. And he was saying that if you do stressful things

all that kind of stuff. And he was saying that if you do stressful things

01:31:16

while you're in the cold plunge, it adapts you to dealing with stress better. You should definitely get a cold plunge and then argue with your wife while you're in it or something.

while you're in the cold plunge, it adapts you to dealing with stress better. You should definitely get a cold plunge and then argue with your wife while you're in it or something.

01:31:26

Sounds smart.

Sounds smart.

01:31:28

So that's Best Village Pack. What's the what was the other one you said? Oh, favorite tool or product? Under what it's favorite,

So that's Best Village Pack. What's the what was the other one you said? Oh, favorite tool or product? Under what it's favorite,

01:31:35

tool or product under a thousand dollars. What you guys got.

tool or product under a thousand dollars. What you guys got.

01:31:39

So I always have this problem.

So I always have this problem.

01:31:41

I'll travel to a city,

I'll travel to a city,

01:31:43

and I'll try and think of, you know, I'll be like, okay, I'm going to New York on this day. Who do I know in New York? And it'll be whoever's top of mind, whoever I've just been texting with or something. And I'll go and I'll have a couple meetings, and then I'll leave And then I'll remember,

and I'll try and think of, you know, I'll be like, okay, I'm going to New York on this day. Who do I know in New York? And it'll be whoever's top of mind, whoever I've just been texting with or something. And I'll go and I'll have a couple meetings, and then I'll leave And then I'll remember,

01:31:57

you know, it's like when you leave the grocery store and you realize there's like three or four important things you forgot, I always realize, oh, shit. I forgot to meet all these people. I really wanted see. And so, I've tried a couple different tools for this, but I found one I really liked is this one called Clay, and it's a personal CRM, which we all hate I know it's like a horrible business,

you know, it's like when you leave the grocery store and you realize there's like three or four important things you forgot, I always realize, oh, shit. I forgot to meet all these people. I really wanted see. And so, I've tried a couple different tools for this, but I found one I really liked is this one called Clay, and it's a personal CRM, which we all hate I know it's like a horrible business,

01:32:17

but, they do a really good job of basically tapping into your Twitter, your LinkedIn, your iMessage, all the play your email, all the places where you contact the And this is, and building a huge dot earth.

but, they do a really good job of basically tapping into your Twitter, your LinkedIn, your iMessage, all the play your email, all the places where you contact the And this is, and building a huge dot earth.

01:32:27

Clay dot earth. Yeah. And so, basically, it's a huge database of all the people you know. And so what I do now is I go in Clay and I'll just be like I'll type in New York and it'll show me everyone in New York and then I don't miss people, and that's been huge. This is a beautiful website.

Clay dot earth. Yeah. And so, basically, it's a huge database of all the people you know. And so what I do now is I go in Clay and I'll just be like I'll type in New York and it'll show me everyone in New York and then I don't miss people, and that's been huge. This is a beautiful website.

01:32:42

Yeah. I

Yeah. I

01:32:44

turned right away because I was just like, same problem with all CRMs for me where

turned right away because I was just like, same problem with all CRMs for me where

01:32:49

like, you get out what you put in and I'm just not willing to put it put in enough. But there's no I don't use it. Like, I don't I don't update it. It's just when I go traveling. It's just a database of people I know and where they live. Can I

like, you get out what you put in and I'm just not willing to put it put in enough. But there's no I don't use it. Like, I don't I don't update it. It's just when I go traveling. It's just a database of people I know and where they live. Can I

01:33:02

mine is my body tutor and I don't know if Sean that if that's yours as well, but have you heard my body tutor, Andrew?

mine is my body tutor and I don't know if Sean that if that's yours as well, but have you heard my body tutor, Andrew?

01:33:10

No. Very simple. Alright. Here's what it is. I spent six hundred dollars a month And every day, my coach, her name's Heather calls me and says,

No. Very simple. Alright. Here's what it is. I spent six hundred dollars a month And every day, my coach, her name's Heather calls me and says,

01:33:19

what are you gonna eat today? And I tell her and she says, yesterday, according to your my fitness pal, you ate this this and this. This thing was bad. How'd that make you feel? And I say, I feel horrible. I'm not gonna do it again today and she just shames me.

what are you gonna eat today? And I tell her and she says, yesterday, according to your my fitness pal, you ate this this and this. This thing was bad. How'd that make you feel? And I say, I feel horrible. I'm not gonna do it again today and she just shames me.

01:33:32

Or educates me on why I made a good or bad decision,

Or educates me on why I made a good or bad decision,

01:33:37

and we, like, work backwards from whichever goal I want. It's it's a five minute phone call.

and we, like, work backwards from whichever goal I want. It's it's a five minute phone call.

01:33:42

That's been the bit the best tool I've ever used.

That's been the bit the best tool I've ever used.

01:33:45

That's a good one. That's all it is. I,

That's a good one. That's all it is. I,

01:33:48

so I'm a pretty disorganized guy. So my favorite tools or products have been the one that helped me get organized. And I got two that kind of saved my ass this year.

so I'm a pretty disorganized guy. So my favorite tools or products have been the one that helped me get organized. And I got two that kind of saved my ass this year.

01:33:58

I don't know, Sam, did you when you were at the hustle, did you ever have, like, a bookkeeper?

I don't know, Sam, did you when you were at the hustle, did you ever have, like, a bookkeeper?

01:34:04

Yes.

Yes.

01:34:05

And do you remember life before a bookkeeper and a life after bookkeeper?

And do you remember life before a bookkeeper and a life after bookkeeper?

01:34:10

Before, it's stressful

Before, it's stressful

01:34:12

and, like,

and, like,

01:34:14

now I know that, like, I didn't know what the difference between revenue and cash flow was and I didn't, like, understand, like, that, like, you take expenses and you, like,

now I know that, like, I didn't know what the difference between revenue and cash flow was and I didn't, like, understand, like, that, like, you take expenses and you, like,

01:34:23

amortize them. I didn't understand all of that stuff. So it was as if I was driving at nighttime without headlights on.

amortize them. I didn't understand all of that stuff. So it was as if I was driving at nighttime without headlights on.

01:34:30

Perfect way to describe it. That's how I've been my whole life. And I would always wonder,

Perfect way to describe it. That's how I've been my whole life. And I would always wonder,

01:34:36

man, how do these other people have their shit together? How is it, you know, tax season comes around? I'm just, like, scrambling.

man, how do these other people have their shit together? How is it, you know, tax season comes around? I'm just, like, scrambling.

01:34:42

And it's like the worst version of cramming for a test. And so this year, I basically

And it's like the worst version of cramming for a test. And so this year, I basically

01:34:48

totally revamp my

totally revamp my

01:34:50

financial, like, hygiene game

financial, like, hygiene game

01:34:53

with a bookkeeper and a tax person that I love. And I'm gonna shout them both out because they're amazing.

with a bookkeeper and a tax person that I love. And I'm gonna shout them both out because they're amazing.

01:34:58

They were they were so amazing. I did invest in both of the companies because I was like, I have to,

They were they were so amazing. I did invest in both of the companies because I was like, I have to,

01:35:03

like, you know, the I I believe in this. You know, because they save my ass. So one is called kick. So I think it's kick dot co is the URL,

like, you know, the I I believe in this. You know, because they save my ass. So one is called kick. So I think it's kick dot co is the URL,

01:35:12

and it's basically

and it's basically

01:35:14

If you go to the website, I like their tagline. It says self driving bookkeeping. So, basically, what they do is they just say, connect your bank, your credit cards, and it's like everything. It's like your Amazon. You just click connect connect connect.

If you go to the website, I like their tagline. It says self driving bookkeeping. So, basically, what they do is they just say, connect your bank, your credit cards, and it's like everything. It's like your Amazon. You just click connect connect connect.

01:35:24

Boom. It's all your books. And then they have bookkeeper, and she calls me. And she's like, here's how you're doing. Like, here's how you're pacing. Here's what, you know, here's some things you should be thinking about. Here's how we can save you money.

Boom. It's all your books. And then they have bookkeeper, and she calls me. And she's like, here's how you're doing. Like, here's how you're pacing. Here's what, you know, here's some things you should be thinking about. Here's how we can save you money.

01:35:36

You know, blah blah blah. And not like not like spend less, but more like tax wise. Like, here's some things that you could do. And so

You know, blah blah blah. And not like not like spend less, but more like tax wise. Like, here's some things that you could do. And so

01:35:42

bookkeeping was the first one.

bookkeeping was the first one.

01:35:45

And that how much is this? All my books are together. Super cheap. It's like, I don't know. It's like, ninety nine dollars or one hundred dollars, one hundred ninety nine dollars a month or something like that. It's like if anybody if you're a create, like, the one big thing is they they do this for, like, kind of like small small businesses, like sort of like LLC types, Scorps, or,

And that how much is this? All my books are together. Super cheap. It's like, I don't know. It's like, ninety nine dollars or one hundred dollars, one hundred ninety nine dollars a month or something like that. It's like if anybody if you're a create, like, the one big thing is they they do this for, like, kind of like small small businesses, like sort of like LLC types, Scorps, or,

01:36:01

creators.

creators.

01:36:02

So, like, if you're a YouTuber or Twitch creator or podcaster,

So, like, if you're a YouTuber or Twitch creator or podcaster,

01:36:06

most of them have don't treat their creator business like a business, and you totally should. It is a business. And I think also the law has now changed. So starting next year, I think they have to do, like, the quarterly estimated taxes and things like that. Like, dude, ninety nine percent of creators have no idea what this stuff is or how to do it. And so,

most of them have don't treat their creator business like a business, and you totally should. It is a business. And I think also the law has now changed. So starting next year, I think they have to do, like, the quarterly estimated taxes and things like that. Like, dude, ninety nine percent of creators have no idea what this stuff is or how to do it. And so,

01:36:25

so I love this thing. This has been, like, kind of, a game changer for me on having my my P and L, my cash flow, my balance sheet, all of it just, like, very clean. And then that gets handed to the other service, guilt. And so, but guilt does is kind of amazing. I don't know how much of this time I'm supposed to say or allowed to say it. I don't even think they want me shouting it it's like Dude, I just signed up. I just signed up I just signed up with Gelt. Are you on the wait list? Or you you actually started using it?

so I love this thing. This has been, like, kind of, a game changer for me on having my my P and L, my cash flow, my balance sheet, all of it just, like, very clean. And then that gets handed to the other service, guilt. And so, but guilt does is kind of amazing. I don't know how much of this time I'm supposed to say or allowed to say it. I don't even think they want me shouting it it's like Dude, I just signed up. I just signed up I just signed up with Gelt. Are you on the wait list? Or you you actually started using it?

01:36:50

I DMmed him and I have a call set up with the guy. So the guy Tal is this incredible guy. He's an entrepreneur.

I DMmed him and I have a call set up with the guy. So the guy Tal is this incredible guy. He's an entrepreneur.

01:36:55

So for the best thing. So I've I've met many I've had many, like, kind of accountants and tax strategy people.

So for the best thing. So I've I've met many I've had many, like, kind of accountants and tax strategy people.

01:37:02

And I literally walked in, and I felt like I was walking into a meeting, like, you know, with CIA or something like that with IRS. It's like And and Nick Hoover said this right, he goes, yeah, dude. Ninety five percent of accountants and tax strategy people, they're like, they act like government agents. And he's like, you can't even like, you're just asking questions, like, how should I structure this differently in order to They can't answer it. Yeah. It's like,

And I literally walked in, and I felt like I was walking into a meeting, like, you know, with CIA or something like that with IRS. It's like And and Nick Hoover said this right, he goes, yeah, dude. Ninety five percent of accountants and tax strategy people, they're like, they act like government agents. And he's like, you can't even like, you're just asking questions, like, how should I structure this differently in order to They can't answer it. Yeah. It's like,

01:37:23

they they won't Well, it depends. They're, like, un they're not creative. First of all, so they're not even giving you ideas. It's like if you have the idea, they can say yes or no. But it's like, dude, where am I supposed to come up with all these ideas from?

they they won't Well, it depends. They're, like, un they're not creative. First of all, so they're not even giving you ideas. It's like if you have the idea, they can say yes or no. But it's like, dude, where am I supposed to come up with all these ideas from?

01:37:34

So, like, they don't give you ideas first of all. And secondly,

So, like, they don't give you ideas first of all. And secondly,

01:37:37

they're like, well, did you spend more than twenty two hours doing this? It's like, dude, I don't know. I wasn't keeping track of that. But, like, if I say yes, what happens? If I say no, what happens? I need to understand, like, Could you just

they're like, well, did you spend more than twenty two hours doing this? It's like, dude, I don't know. I wasn't keeping track of that. But, like, if I say yes, what happens? If I say no, what happens? I need to understand, like, Could you just

01:37:48

disarm this? It's not even like help me cheat. It's like literally just don't make this stressful has been my my big problem with this. And so Gilt is kind of amazing because Tal is an he's a founder. He's an entrepreneur. He sold his last company.

disarm this? It's not even like help me cheat. It's like literally just don't make this stressful has been my my big problem with this. And so Gilt is kind of amazing because Tal is an he's a founder. He's an entrepreneur. He sold his last company.

01:38:00

And he's like, dude, I just, like, he's like, personally, I just hated taxes. And so I decided to create, like, the firm I wish existed,

And he's like, dude, I just, like, he's like, personally, I just hated taxes. And so I decided to create, like, the firm I wish existed,

01:38:06

and they're amazing. So the same thing, they take your books. And then what they do is they're more, like,

and they're amazing. So the same thing, they take your books. And then what they do is they're more, like,

01:38:12

yo, have you thought about structuring your corporations in this way? Because then you can get the advantage of Q SBS while still maintaining this advantage. And, like, They they do everything clean. They do everything by the book, but they are

yo, have you thought about structuring your corporations in this way? Because then you can get the advantage of Q SBS while still maintaining this advantage. And, like, They they do everything clean. They do everything by the book, but they are

01:38:24

they feel more like your friend helping you do this than the other way. And so these guys probably save me

they feel more like your friend helping you do this than the other way. And so these guys probably save me

01:38:31

I don't know. I don't know how much to save me, but it's I wouldn't be surprised if it was seven figures of what I've saved using this thing.

I don't know. I don't know how much to save me, but it's I wouldn't be surprised if it was seven figures of what I've saved using this thing.

01:38:38

And it's the first time I've been not stressed

And it's the first time I've been not stressed

01:38:41

on the subject of finance, like bookkeeping and taxes. And so, like, That has been like a a very nice feeling for me to have versus like this scramble and always feeling like there was some adult class that I missed. I slept through And now here's the test. Like, that's how that's how taxes always felt for me. It was I slept through the class and everybody else took it. Everybody else is prepared, and I don't know what the fuck I'm doing. And now finally, I feel like, okay, I I have my notes to take this test. Dude, I just I think it's one of the one of those things that's shocking how many business people just don't know how to read a balance sheet in a P and L and cash flow statement. And it's if you wanna learn Khan Academy has an amazing introductory course, takes about an hour, and you'll learn everything you need Byways, you guys hear this? The the IRS hired, like, some, like, some absurd

on the subject of finance, like bookkeeping and taxes. And so, like, That has been like a a very nice feeling for me to have versus like this scramble and always feeling like there was some adult class that I missed. I slept through And now here's the test. Like, that's how that's how taxes always felt for me. It was I slept through the class and everybody else took it. Everybody else is prepared, and I don't know what the fuck I'm doing. And now finally, I feel like, okay, I I have my notes to take this test. Dude, I just I think it's one of the one of those things that's shocking how many business people just don't know how to read a balance sheet in a P and L and cash flow statement. And it's if you wanna learn Khan Academy has an amazing introductory course, takes about an hour, and you'll learn everything you need Byways, you guys hear this? The the IRS hired, like, some, like, some absurd

01:39:27

number

number

01:39:28

of new auditors.

of new auditors.

01:39:29

Was it, like, eighteen thousand? Do you have, like, eighty thousand or, or more I don't know, like, IRS,

Was it, like, eighteen thousand? Do you have, like, eighty thousand or, or more I don't know, like, IRS,

01:39:35

hiring

hiring

01:39:36

new agents? I think they hired eighty thousand

new agents? I think they hired eighty thousand

01:39:40

eighty seven thousand new hires.

eighty seven thousand new hires.

01:39:43

And so I think there's gonna be a shitload of audits, which is why I wanted to be, like, super buttoned up with everything.

And so I think there's gonna be a shitload of audits, which is why I wanted to be, like, super buttoned up with everything.

01:39:49

Just because, oh, man, that's another time suck if you get audited of, like, dealing with all that crap. So, you know, I don't think they hire these people to do nothing. It's eight eighty billion

Just because, oh, man, that's another time suck if you get audited of, like, dealing with all that crap. So, you know, I don't think they hire these people to do nothing. It's eight eighty billion

01:39:59

eighty billion in new funding and eighty seven thousand tax agents.

eighty billion in new funding and eighty seven thousand tax agents.

01:40:03

Isn't that insane? That's fucking crazy.

Isn't that insane? That's fucking crazy.

01:40:06

They're gonna have a lot of work to cut out for them.

They're gonna have a lot of work to cut out for them.

01:40:10

I think we should almost wrap up. We have one to do one one or two more. Let's do one or two more. Are your favorite ones? Yeah. Let's do let's do one. What's a really good one?

I think we should almost wrap up. We have one to do one one or two more. Let's do one or two more. Are your favorite ones? Yeah. Let's do let's do one. What's a really good one?

01:40:19

What about biggest change adjustment you're making in the three point three. Alright. I have one. Go go, Sam.

What about biggest change adjustment you're making in the three point three. Alright. I have one. Go go, Sam.

01:40:25

So,

So,

01:40:27

for I have a new thing that I'll launch that it's live, but I'll announce it later.

for I have a new thing that I'll launch that it's live, but I'll announce it later.

01:40:33

I'm hiring a CEO for it. I've already like done that and I've never done that early on. I also am doing close to like I'm being less of a dictator and I'm also being less metrics driven. This sounds like the freakin douchiest thing ever, but I'll say it. But more like vibe and energy driven

I'm hiring a CEO for it. I've already like done that and I've never done that early on. I also am doing close to like I'm being less of a dictator and I'm also being less metrics driven. This sounds like the freakin douchiest thing ever, but I'll say it. But more like vibe and energy driven

01:40:51

basically,

basically,

01:40:52

with the hustle and, like, my last company, I was, like, buy the book, where it was, like, alright. I wanna see projections. We're gonna nail it. We're gonna, the the metrics say this, therefore, like, the page I can see you putting a metric on the vibe too. Like, we're an eighty seven on vibe this week guys.

with the hustle and, like, my last company, I was, like, buy the book, where it was, like, alright. I wanna see projections. We're gonna nail it. We're gonna, the the metrics say this, therefore, like, the page I can see you putting a metric on the vibe too. Like, we're an eighty seven on vibe this week guys.

01:41:07

Well, like, on my lap, like, for all my companies, I'm like, look, we gotta do this many outbound calls. Like, we're gonna, like, whatever the AB metric is. This is what it is. Like, we're going with a, that a one. And I just filed the data, and I was like, I don't care. And then it was very much a dictatorship where I said, my rule or my way or the highway. And I'm trying to be a little bit calmer for my next thing, and I think I'll make way more money that way. That's a great one. Great adjustment. Andrew, what you got biggest change or adjustment you're making in your business life twenty twenty three?

Well, like, on my lap, like, for all my companies, I'm like, look, we gotta do this many outbound calls. Like, we're gonna, like, whatever the AB metric is. This is what it is. Like, we're going with a, that a one. And I just filed the data, and I was like, I don't care. And then it was very much a dictatorship where I said, my rule or my way or the highway. And I'm trying to be a little bit calmer for my next thing, and I think I'll make way more money that way. That's a great one. Great adjustment. Andrew, what you got biggest change or adjustment you're making in your business life twenty twenty three?

01:41:37

So last year, I don't know if I said this, but my big goal was conquering email. Like, I just I was overwhelmed by it. It was stressing me out. And so now I've built a system.

So last year, I don't know if I said this, but my big goal was conquering email. Like, I just I was overwhelmed by it. It was stressing me out. And so now I've built a system.

01:41:46

I've fully delegated it. I've got someone dedicated to managing my email. And so I really only get ten or fifteen emails that I have to respond to and everything else is triage and responded to and dealt with. So I've conquered email. The problem is now I get a lot of eye messages, like texts and stuff, and I'm going, I don't know how to conquer that other than changing my number, which seems fucked up.

I've fully delegated it. I've got someone dedicated to managing my email. And so I really only get ten or fifteen emails that I have to respond to and everything else is triage and responded to and dealt with. So I've conquered email. The problem is now I get a lot of eye messages, like texts and stuff, and I'm going, I don't know how to conquer that other than changing my number, which seems fucked up.

01:42:09

Trying to figure that out. If anyone has any ideas, please tweet at me because,

Trying to figure that out. If anyone has any ideas, please tweet at me because,

01:42:13

there's it seems like there's no way. If someone has your number, they're gonna get to you and have a really hard time now responding to texts. I feel kinda guilty.

there's it seems like there's no way. If someone has your number, they're gonna get to you and have a really hard time now responding to texts. I feel kinda guilty.

01:42:20

So I'd love to hear you're just getting like cold texts from strangers. Is that the problem? Dude, I get so many of those. Not that. It's just there's I mean, I get cold texts for sure, but it's more just like there's so many people I've given my number out to. And if someone doesn't get an email response to me, sometimes they'll try and go there. I think like some people have found my number online. I'm like, it's just it's just becoming too much and I'll be like, with email, you can kinda turn it off. I'll be putting my kids down for bed and, like, reading a kindle book on my phone, and I'll be getting hit up with tech and it's just the ability to break into your consciousness.

So I'd love to hear you're just getting like cold texts from strangers. Is that the problem? Dude, I get so many of those. Not that. It's just there's I mean, I get cold texts for sure, but it's more just like there's so many people I've given my number out to. And if someone doesn't get an email response to me, sometimes they'll try and go there. I think like some people have found my number online. I'm like, it's just it's just becoming too much and I'll be like, with email, you can kinda turn it off. I'll be putting my kids down for bed and, like, reading a kindle book on my phone, and I'll be getting hit up with tech and it's just the ability to break into your consciousness.

01:42:53

Would you just get a new number? Yeah.

Would you just get a new number? Yeah.

01:42:57

I was thinking about it, but I've had my number since I was fifteen. It feels messed up to do. I know, but I've thought about doing that as well.

I was thinking about it, but I've had my number since I was fifteen. It feels messed up to do. I know, but I've thought about doing that as well.

01:43:03

Same. Okay. So you did yours. Andrew, you did yours. My biggest adjustment.

Same. Okay. So you did yours. Andrew, you did yours. My biggest adjustment.

01:43:10

You knowing when to use my impulsiveness.

You knowing when to use my impulsiveness.

01:43:12

So I am an extremely impulsive person.

So I am an extremely impulsive person.

01:43:16

And that works in, like, eight out of ten situations.

And that works in, like, eight out of ten situations.

01:43:21

One of the situations it doesn't work in is I'm very impulsive with picking businesses to start.

One of the situations it doesn't work in is I'm very impulsive with picking businesses to start.

01:43:26

And -- Yeah. -- I will just, like, start a business, like, instantaneously,

And -- Yeah. -- I will just, like, start a business, like, instantaneously,

01:43:31

and I will go and I'll start making it happen.

and I will go and I'll start making it happen.

01:43:33

And it's really fun, and that wave and that thrill is so addictive.

And it's really fun, and that wave and that thrill is so addictive.

01:43:39

And then

And then

01:43:41

Eleven months later, I'm like, okay. Now I have this business.

Eleven months later, I'm like, okay. Now I have this business.

01:43:46

Was this the business that I wanted to have? Was it because, like, I can't do that many of these at the same time.

Was this the business that I wanted to have? Was it because, like, I can't do that many of these at the same time.

01:43:53

So is this the right Are you happy you started your ecomm thing?

So is this the right Are you happy you started your ecomm thing?

01:43:57

No. If I could go back and just pick a different project, I would.

No. If I could go back and just pick a different project, I would.

01:44:02

Same thing with the milk road. Part of the reason I sold it was I was like, I don't think this was the project that I wanna work on every year.

Same thing with the milk road. Part of the reason I sold it was I was like, I don't think this was the project that I wanna work on every year.

01:44:09

You know, for the next three years. And so if I don't wanna work work on it for the next three years, I should just sell it now and like, you know,

You know, for the next three years. And so if I don't wanna work work on it for the next three years, I should just sell it now and like, you know,

01:44:15

If I have a good offer, like, take it.

If I have a good offer, like, take it.

01:44:17

But that's kind of a shitty feeling. Like, there's a celebration in selling, but there's also a bit of a failure. It's like,

But that's kind of a shitty feeling. Like, there's a celebration in selling, but there's also a bit of a failure. It's like,

01:44:24

I've been saying this for a while. I wanna work on a project that I don't wanna sell. Like this podcast, time has flown by. We're this is the third year we're doing the Million Awards. That means this podcast is at least three years old.

I've been saying this for a while. I wanna work on a project that I don't wanna sell. Like this podcast, time has flown by. We're this is the third year we're doing the Million Awards. That means this podcast is at least three years old.

01:44:35

I could keep going. I would do this for free. I was doing this for free. I I was gonna do this at a loss. So this is the right of project for me to do. It's one that I would literally do if there was no money involved.

I could keep going. I would do this for free. I was doing this for free. I I was gonna do this at a loss. So this is the right of project for me to do. It's one that I would literally do if there was no money involved.

01:44:45

I don't count the days of the hours. I'm not stressed about the metrics. I know it's gonna going up because we'll just keep trying to do a better and better job. I have fun doing it, and it's not a not a drag on my lifestyle. Right? Like, perfect project.

I don't count the days of the hours. I'm not stressed about the metrics. I know it's gonna going up because we'll just keep trying to do a better and better job. I have fun doing it, and it's not a not a drag on my lifestyle. Right? Like, perfect project.

01:44:57

This has been the only pro project I've selected correctly on. I would argue every single business I've started since the age of twenty one was the wrong pick and it was always just the impulsive pick. It was someone should do this. Dude, I bet I could do that. Dude, I would just do this as this. Alright. Let me just do it and I would just do it. And

This has been the only pro project I've selected correctly on. I would argue every single business I've started since the age of twenty one was the wrong pick and it was always just the impulsive pick. It was someone should do this. Dude, I bet I could do that. Dude, I would just do this as this. Alright. Let me just do it and I would just do it. And

01:45:15

then, you know, sure enough, I'm look looking for the exit later because it wasn't really the right project. So I'm trying to find the big change is I'm gonna find the project that's in my zone of genius.

then, you know, sure enough, I'm look looking for the exit later because it wasn't really the right project. So I'm trying to find the big change is I'm gonna find the project that's in my zone of genius.

01:45:25

That is the perfect project for me. It's one I enjoy doing.

That is the perfect project for me. It's one I enjoy doing.

01:45:29

And I'm not building it for some

And I'm not building it for some

01:45:33

future payoff. I'm building it. I'm doing it because I like doing it that it is the the project that's, you know, I'm most interested in. And, if that changes later, okay, that's fine. I'm not saying I have to do it till I'm ninety nine years old, but,

future payoff. I'm building it. I'm doing it because I like doing it that it is the the project that's, you know, I'm most interested in. And, if that changes later, okay, that's fine. I'm not saying I have to do it till I'm ninety nine years old, but,

01:45:45

I'm not doing it just kind of like on a whim. So I'm gonna be patient and select the project properly.

I'm not doing it just kind of like on a whim. So I'm gonna be patient and select the project properly.

01:45:50

That's good. It's about time. I've been telling you that for ten years. The best lessons is the one thing that you have to relearn ten ten times over.

That's good. It's about time. I've been telling you that for ten years. The best lessons is the one thing that you have to relearn ten ten times over.

01:45:58

So the other one was best business idea. You wish someone to end on. Yeah. Do you guys wanna do that?

So the other one was best business idea. You wish someone to end on. Yeah. Do you guys wanna do that?

01:46:03

Yeah. Let's end up. Tell me why your washer and your dryer are two different machines.

Yeah. Let's end up. Tell me why your washer and your dryer are two different machines.

01:46:10

This is the craziest thing ever. Why do I have to get out of bed? And remember to put my

This is the craziest thing ever. Why do I have to get out of bed? And remember to put my

01:46:16

wet clothes into the dryer. It's ridiculous. This needs to be one. That's on honestly, that

wet clothes into the dryer. It's ridiculous. This needs to be one. That's on honestly, that

01:46:22

is one of the smarts actually a really good point.

is one of the smarts actually a really good point.

01:46:26

It's it's crazy to be. It's crazy to me that that it's two different things.

It's it's crazy to be. It's crazy to me that that it's two different things.

01:46:30

That actually exists in your one washer dryer. I'm just looking this up. No. It's in it's in Best Buy Home Depot. They're not that great. It's a thing. They're not that great. Yeah. Like, I use them in Europe, and they're only okay, but they need to be the norm. This needs to be the norm. Yeah. Yeah. If you're working on AI or crypto or, self driving cars,

That actually exists in your one washer dryer. I'm just looking this up. No. It's in it's in Best Buy Home Depot. They're not that great. It's a thing. They're not that great. Yeah. Like, I use them in Europe, and they're only okay, but they need to be the norm. This needs to be the norm. Yeah. Yeah. If you're working on AI or crypto or, self driving cars,

01:46:51

quit

quit

01:46:52

and figure this one out. Like, we gotta put we gotta have our priorities in order. You know how many people are wasted time of laundry. Look at look at

and figure this one out. Like, we gotta put we gotta have our priorities in order. You know how many people are wasted time of laundry. Look at look at

01:46:59

dude, the like, it's like Look at James Dyson. Look at James Dyson. He's worth eighteen billion dollars, and he just was like vacuums or terrible. I'm gonna rethink those. And, Matt, he could've been working on AI. But, no, chose something prior machine next to our dishwasher machine. Thank you.

dude, the like, it's like Look at James Dyson. Look at James Dyson. He's worth eighteen billion dollars, and he just was like vacuums or terrible. I'm gonna rethink those. And, Matt, he could've been working on AI. But, no, chose something prior machine next to our dishwasher machine. Thank you.

01:47:15

I agree, dude. Like, some of the or, like,

I agree, dude. Like, some of the or, like,

01:47:18

or, like, have you ever noticed how the inside of a refrigerator no matter how rich you are, it always looks like shit. Like, we need, like, a better organizer or something for, like, so some of these, like, day to day problems, I think need to be improved. Particularly, it will start with the washer and dryer. It needs to be one machine. Okay. Like that one. Andrew what you got.

or, like, have you ever noticed how the inside of a refrigerator no matter how rich you are, it always looks like shit. Like, we need, like, a better organizer or something for, like, so some of these, like, day to day problems, I think need to be improved. Particularly, it will start with the washer and dryer. It needs to be one machine. Okay. Like that one. Andrew what you got.

01:47:35

So mine I tweeted about this.

So mine I tweeted about this.

01:47:38

So there's all these private jets out there flying around all over the world. And I'll tell me about it.

So there's all these private jets out there flying around all over the world. And I'll tell me about it.

01:47:44

People people will people will fly somewhere

People people will people will fly somewhere

01:47:47

and they don't need a return flight. They're gonna go there for two weeks or three weeks or whatever. And so the plane actually flies back empty just with the pilots on it. Right? And I think this is truly insane. This is like billions of dollars

and they don't need a return flight. They're gonna go there for two weeks or three weeks or whatever. And so the plane actually flies back empty just with the pilots on it. Right? And I think this is truly insane. This is like billions of dollars

01:48:01

getting lit on fire every month of just jet fuel and empty planes and stuff. I don't know what the solution is. I know there's people that have tried this.

getting lit on fire every month of just jet fuel and empty planes and stuff. I don't know what the solution is. I know there's people that have tried this.

01:48:10

But it seems like a incredibly

But it seems like a incredibly

01:48:12

inefficient,

inefficient,

01:48:13

disjointed,

disjointed,

01:48:14

world. And someone needs to crack this and create a central database of basically every plane that's available because let's think about who owns private jets It's very, very rich people. Very rich people are usually business people and are logical. Do they care about having someone else fly back if it pays for all the fuel and stuff? Probably not. May maybe I'm But it's kinda like Gucci where it's like, well, I don't wanna, like, sell my unsold Gucci clothes. I'd rather just burn them to keep the value up.

world. And someone needs to crack this and create a central database of basically every plane that's available because let's think about who owns private jets It's very, very rich people. Very rich people are usually business people and are logical. Do they care about having someone else fly back if it pays for all the fuel and stuff? Probably not. May maybe I'm But it's kinda like Gucci where it's like, well, I don't wanna, like, sell my unsold Gucci clothes. I'd rather just burn them to keep the value up.

01:48:43

Sure. Yeah. I don't know. Maybe. But anyway, I do think there's a lot of people who would certainly,

Sure. Yeah. I don't know. Maybe. But anyway, I do think there's a lot of people who would certainly,

01:48:48

wanna get compensated for that if it was easy. And I think someone needs pack this. Yeah. That's a that's a good one.

wanna get compensated for that if it was easy. And I think someone needs pack this. Yeah. That's a that's a good one.

01:48:55

Okay. I'm gonna go with the school for the starving artist.

Okay. I'm gonna go with the school for the starving artist.

01:48:59

Okay. So I've met a lot of people in life who'd like to do different artsy

Okay. So I've met a lot of people in life who'd like to do different artsy

01:49:03

things, you know, photography,

things, you know, photography,

01:49:05

film,

film,

01:49:06

you know, met somebody who was like, you know, they're like, they're like, oh, yeah. I fell in love with the photography because I would hang up the freaking

you know, met somebody who was like, you know, they're like, they're like, oh, yeah. I fell in love with the photography because I would hang up the freaking

01:49:14

prints and, like, let them dry, like, whatever, you know, whatever that shit is. Of, you know, coloring, you know, blah blah blah drawing. There's all these art art artistic things.

prints and, like, let them dry, like, whatever, you know, whatever that shit is. Of, you know, coloring, you know, blah blah blah drawing. There's all these art art artistic things.

01:49:23

And I would say most people give up on those passions

And I would say most people give up on those passions

01:49:27

or things cause it's really, really hard to make a living doing it.

or things cause it's really, really hard to make a living doing it.

01:49:31

Or is it?

Or is it?

01:49:32

That's what I wanna answer because Now that I'm doing this e com thing, I now pay a lot of money to photographers. It's just that they had to be branded as photographers who understand how to do product photography.

That's what I wanna answer because Now that I'm doing this e com thing, I now pay a lot of money to photographers. It's just that they had to be branded as photographers who understand how to do product photography.

01:49:43

Or commercial photoshoots.

Or commercial photoshoots.

01:49:46

My wife, when she was in business school, was just doodling on her paper board, and somebody walked by. And luckily, they saw that and they go, did you draw that? And she was like, oh, yeah. Sorry. I've I've I'm paying attention. I promise. He's like, no. No. No. I don't care. Like, but if you can draw that, I have a job for you. It's called graphic facilitation. You can make a thousand dollars a day. Just by going to these meetings and conferences for these businesses and you draw on a giant whiteboard what they're talking about. So they have a visual takeaway at the end of it. And she made more money than me for a long time doing this thing. She would have never known how to turn her art into

My wife, when she was in business school, was just doodling on her paper board, and somebody walked by. And luckily, they saw that and they go, did you draw that? And she was like, oh, yeah. Sorry. I've I've I'm paying attention. I promise. He's like, no. No. No. I don't care. Like, but if you can draw that, I have a job for you. It's called graphic facilitation. You can make a thousand dollars a day. Just by going to these meetings and conferences for these businesses and you draw on a giant whiteboard what they're talking about. So they have a visual takeaway at the end of it. And she made more money than me for a long time doing this thing. She would have never known how to turn her art into

01:50:22

money. And so I think somebody should create an art school for people who have artistic talents, but wanna be rich.

money. And so I think somebody should create an art school for people who have artistic talents, but wanna be rich.

01:50:29

For who have artistic talents, but they wanna make a living doing it and not be a starving artist for their whole life. I think you should create a specific school for this, and all the courses are things where you take an artistic trait, but you teach them how to do it in the commercial way. And they can make money even while they're in school doing this. Like, you know how big of a shortage there is of video editors now that YouTube and TikTok are so huge or you know, again, commercial photography or drawing or all these different different, artistic things. So I think somebody should create

For who have artistic talents, but they wanna make a living doing it and not be a starving artist for their whole life. I think you should create a specific school for this, and all the courses are things where you take an artistic trait, but you teach them how to do it in the commercial way. And they can make money even while they're in school doing this. Like, you know how big of a shortage there is of video editors now that YouTube and TikTok are so huge or you know, again, commercial photography or drawing or all these different different, artistic things. So I think somebody should create

01:50:57

the school for the starving artists where they're no they're not gonna starve anymore.

the school for the starving artists where they're no they're not gonna starve anymore.

01:51:01

And, get the get the artists that are willing to sell out, like,

And, get the get the artists that are willing to sell out, like,

01:51:04

twenty five percent. And just, like, you do this. Like, you see this girl on TikTok? She does these. She'll take, like, a, like, Doctor Pepper will pay her, like,

twenty five percent. And just, like, you do this. Like, you see this girl on TikTok? She does these. She'll take, like, a, like, Doctor Pepper will pay her, like,

01:51:12

a million dollars to this TikTok where she does these, like, crazy slow mo zoom in, water dripping on the side. And she makes this epic like,

a million dollars to this TikTok where she does these, like, crazy slow mo zoom in, water dripping on the side. And she makes this epic like,

01:51:20

like, video trailer of a Doctor Pepper. She makes a Doctor Pepper look like it's the unveiling of a new, you know, rocket by SpaceX.

like, video trailer of a Doctor Pepper. She makes a Doctor Pepper look like it's the unveiling of a new, you know, rocket by SpaceX.

01:51:28

And she's just really talented at that and brands are willing to pay her for that type of marketing.

And she's just really talented at that and brands are willing to pay her for that type of marketing.

01:51:32

Yeah. There's a lot of people out there who could do that. They just didn't connect the dots. What are you gonna call it? You gotta have some cute ass name. Don't have it yet. That's the only hold. That's the only hold up. I'm I'm not gonna I'm not gonna start something like the perfect name. You know me?

Yeah. There's a lot of people out there who could do that. They just didn't connect the dots. What are you gonna call it? You gotta have some cute ass name. Don't have it yet. That's the only hold. That's the only hold up. I'm I'm not gonna I'm not gonna start something like the perfect name. You know me?

01:51:45

Do we,

Do we,

01:51:46

Andrew, I you look like you just got your first communion.

Andrew, I you look like you just got your first communion.

01:51:50

You just like you you have you have an an an angelic face and an angelic look. It doesn't matter how rich and successful you become.

You just like you you have you have an an an angelic face and an angelic look. It doesn't matter how rich and successful you become.

01:51:58

You, you still look like this little perfect communion boy.

You, you still look like this little perfect communion boy.

01:52:03

Oh, thank you. I'm working on becoming a Twilight vampire like, Brian. That that's my other goal this year. Got it. What what's the thing he eats every morning? The sticky pudding or whatever? It's like not putting it on that whole thing. Yeah. Nuty pudding. That's right. Your face looks more trim.

Oh, thank you. I'm working on becoming a Twilight vampire like, Brian. That that's my other goal this year. Got it. What what's the thing he eats every morning? The sticky pudding or whatever? It's like not putting it on that whole thing. Yeah. Nuty pudding. That's right. Your face looks more trim.

01:52:18

Oh, thank you. I feel like you say that every time I come on,

Oh, thank you. I feel like you say that every time I come on,

01:52:22

just like a crazy tan.

just like a crazy tan.

01:52:24

Have you just ever come back looking Puerto Rican?

Have you just ever come back looking Puerto Rican?

01:52:28

My my problem is I I tan really, really well on my arms and face, but I'm like, I cannot tan on my body. So I have a Have

My my problem is I I tan really, really well on my arms and face, but I'm like, I cannot tan on my body. So I have a Have

01:52:36

you tried taking off your

you tried taking off your

01:52:39

no. This is yeah. Sure. I should do that. I want you to come on next time. And I want you to look like, you know, Ricky Martin. So, yeah, just like you need to come back at least like a third Colombian in your town next to you next time. K. Here's here's the deal. Here's the deal. Okay. You and I'm serious.

no. This is yeah. Sure. I should do that. I want you to come on next time. And I want you to look like, you know, Ricky Martin. So, yeah, just like you need to come back at least like a third Colombian in your town next to you next time. K. Here's here's the deal. Here's the deal. Okay. You and I'm serious.

01:52:55

You get to,

You get to,

01:52:56

eight percent body fat. I will go to a tanning salon. I will go in one of those stand up tanner's.

eight percent body fat. I will go to a tanning salon. I will go in one of those stand up tanner's.

01:53:02

And I will, I will get really tanned and come on. No. No. If she's gonna get the twenty percent, you got a deal.

And I will, I will get really tanned and come on. No. No. If she's gonna get the twenty percent, you got a deal.

01:53:08

Okay.

Okay.

01:53:11

Twelve twelve is, like, twelve is, like, soft abs. I want, like, crazy shredded. He well, he'll look shredded because he's dark. And he'll he'll look good at it if he gets a quality. Twelve minutes. I'm gonna have to, like, sacrifice my life to do this. I think twelve is a more than fair deal. Okay. This is a deal. What's the what's the timeline? Is this within the year when it's Whenever I do it. This is a lifelong bet. If I ever get there,

Twelve twelve is, like, twelve is, like, soft abs. I want, like, crazy shredded. He well, he'll look shredded because he's dark. And he'll he'll look good at it if he gets a quality. Twelve minutes. I'm gonna have to, like, sacrifice my life to do this. I think twelve is a more than fair deal. Okay. This is a deal. What's the what's the timeline? Is this within the year when it's Whenever I do it. This is a lifelong bet. If I ever get there,

01:53:34

If I ever said you Oh. Make sure.

If I ever said you Oh. Make sure.

01:53:36

Sam, we should

Sam, we should

01:53:38

we gotta talk about that meetup we're doing in Vancouver.

we gotta talk about that meetup we're doing in Vancouver.

01:53:40

I will we'll do a shout out next time at the beginning, but we'll also do it now. So we're doing, a meetup. Sean, obviously, you're invited, but I ever I doubt you'll ever You guys know me so well that you didn't even invite That's I appreciate that you know me that well.

I will we'll do a shout out next time at the beginning, but we'll also do it now. So we're doing, a meetup. Sean, obviously, you're invited, but I ever I doubt you'll ever You guys know me so well that you didn't even invite That's I appreciate that you know me that well.

01:53:55

Yeah. We're doing a meetup. We have to pick a date, but it's gonna be mid February in Vancouver. Right?

Yeah. We're doing a meetup. We have to pick a date, but it's gonna be mid February in Vancouver. Right?

01:54:01

How many people how many people signed up or, like, gave interest? I think it's we already have we already have six hundred people. So it's gonna be a big event. We gotta figure that out. Yeah. We have pick a venue. We just put a Andrew put a tight form. He didn't even ask me. He put a tight form, and he said,

How many people how many people signed up or, like, gave interest? I think it's we already have we already have six hundred people. So it's gonna be a big event. We gotta figure that out. Yeah. We have pick a venue. We just put a Andrew put a tight form. He didn't even ask me. He put a tight form, and he said,

01:54:15

Sam and I are doing a meetup. Sometime in February, TBD on all the details. Sign up here. That's pretty cool. I'll go. I'll I'll do it. We got people. There's people on it. You wanna come? Yeah. Come. It'd be awesome. I think Sahill said he would come too, and I just followed up with him on Twitter. I don't know if he's responded, but gotta get Sal Hill out. We

Sam and I are doing a meetup. Sometime in February, TBD on all the details. Sign up here. That's pretty cool. I'll go. I'll I'll do it. We got people. There's people on it. You wanna come? Yeah. Come. It'd be awesome. I think Sahill said he would come too, and I just followed up with him on Twitter. I don't know if he's responded, but gotta get Sal Hill out. We

01:54:34

we I've got some doctor's appointments in February. I gotta work around. So let me figure out what when those are, and then we'll pick a date

we I've got some doctor's appointments in February. I gotta work around. So let me figure out what when those are, and then we'll pick a date

01:54:40

Alright, guys. Cool. Another successful movie awards of the books. Thank you, and we will see you next year.

Alright, guys. Cool. Another successful movie awards of the books. Thank you, and we will see you next year.

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