00:00

What happened when you lost five million dollars?

What happened when you lost five million dollars?

00:10

Back. Another episode of the greatest podcast ever created.

Back. Another episode of the greatest podcast ever created.

00:14

My first million.

My first million.

00:17

How are you doing, Sam? What's going on? How are you?

How are you doing, Sam? What's going on? How are you?

00:20

I'm thriving.

I'm thriving.

00:22

I'm actually really hot in this room, but I'm thriving. Do you wanna talk about Andrew Wilkinson? Because I've been thinking about him a lot. He's on your mind. You got a crush? Is he on your mind?

I'm actually really hot in this room, but I'm thriving. Do you wanna talk about Andrew Wilkinson? Because I've been thinking about him a lot. He's on your mind. You got a crush? Is he on your mind?

00:32

Yeah. I mean, we did an episode with him. I thought it was great. I think he's great.

Yeah. I mean, we did an episode with him. I thought it was great. I think he's great.

00:36

And, the reaction was great. So that's triple great from my end. What what what's on your mind?

And, the reaction was great. So that's triple great from my end. What what what's on your mind?

00:41

I just think he's great. And, say it, like, it's you. I just think that he was smart.

I just think he's great. And, say it, like, it's you. I just think that he was smart.

00:47

Good attitude.

Good attitude.

00:48

I think that the reason I like talking to him is because I'm in San Francisco, there's this

I think that the reason I like talking to him is because I'm in San Francisco, there's this

00:54

constant mindset that I'm so thankful that I've surrounded myself with, which is all these people who, like, have these ideas, and some of them are really dumb ideas, and they raise a lot of money for them, and they become huge And some of the dumb ideas become awesome,

constant mindset that I'm so thankful that I've surrounded myself with, which is all these people who, like, have these ideas, and some of them are really dumb ideas, and they raise a lot of money for them, and they become huge And some of the dumb ideas become awesome,

01:06

and that's fantastic. And a lot of the dumb ideas remained dumb and just a lot of money was wasted.

and that's fantastic. And a lot of the dumb ideas remained dumb and just a lot of money was wasted.

01:11

And there's just a lot of mentality

And there's just a lot of mentality

01:13

things that are in San Francisco that I love, but a lot of it has downsides that it's nice to hear something from Andrew who just totally does not do anything that I'm used to, and I love it.

things that are in San Francisco that I love, but a lot of it has downsides that it's nice to hear something from Andrew who just totally does not do anything that I'm used to, and I love it.

01:24

Yeah. I also like how he's kind of a one man crew. Like, I know he obviously has CEOs for companies and sounds like he has partner, but,

Yeah. I also like how he's kind of a one man crew. Like, I know he obviously has CEOs for companies and sounds like he has partner, but,

01:33

like, I read his blog. That's him writing.

like, I read his blog. That's him writing.

01:36

When we're, you know, when we're talking on the phone, the strategy is

When we're, you know, when we're talking on the phone, the strategy is

01:40

like, he he thought it was he was an original thinker. So he he basically

like, he he thought it was he was an original thinker. So he he basically

01:45

decided how he wanted to live his life and then lived his life that way. And his decision was his. It was not like, oh, I just chose of these five popular paths I picked path four.

decided how he wanted to live his life and then lived his life that way. And his decision was his. It was not like, oh, I just chose of these five popular paths I picked path four.

01:56

It's like, no. He picked path seven, which was just a path that, you know, him and a few other people have have made for themselves. Yeah. I just always think it's great to hear from people

It's like, no. He picked path seven, which was just a path that, you know, him and a few other people have have made for themselves. Yeah. I just always think it's great to hear from people

02:05

who do things totally different than what you think you should be doing, and it's just nice to hear,

who do things totally different than what you think you should be doing, and it's just nice to hear,

02:11

it's just to see us a fresh perspective. And for those who don't know, didn't listen, didn't care.

it's just to see us a fresh perspective. And for those who don't know, didn't listen, didn't care.

02:16

The things, in my opinion, that he did differently, sort of like, okay. Where did he see? I would say who Andrew is. Oh, yeah. So Andrew, he owns this company called tiny. If you go to tinycapital dot com, you could see it. And, he's trying to do this sort of Warren Buffett model where he buys

The things, in my opinion, that he did differently, sort of like, okay. Where did he see? I would say who Andrew is. Oh, yeah. So Andrew, he owns this company called tiny. If you go to tinycapital dot com, you could see it. And, he's trying to do this sort of Warren Buffett model where he buys

02:30

what he thinks are wonderful businesses. He plans to hold them for a long time. He has operators who run them, and he has a holding company that owns all of them. And sort of the net value is over a hundred million dollars for these companies down. He's he basically had And the way that he financed it was he started an agency when he was nineteen. He's probably thirty three, thirty four now. Right. So that in, like, a little cash cow. Exactly. So started that agency kind of in a parent's basement type of thing did that for many years. Like, I don't know, I don't know, a decade or so. And then,

what he thinks are wonderful businesses. He plans to hold them for a long time. He has operators who run them, and he has a holding company that owns all of them. And sort of the net value is over a hundred million dollars for these companies down. He's he basically had And the way that he financed it was he started an agency when he was nineteen. He's probably thirty three, thirty four now. Right. So that in, like, a little cash cow. Exactly. So started that agency kind of in a parent's basement type of thing did that for many years. Like, I don't know, I don't know, a decade or so. And then,

03:00

got it to the point where he had a bunch of free cash flows, like, okay, what do I do with this money and decided to invest it by business? So what the way I think he's zigged when everyone else Zag was,

got it to the point where he had a bunch of free cash flows, like, okay, what do I do with this money and decided to invest it by business? So what the way I think he's zigged when everyone else Zag was,

03:12

the Canada decision. So country, you know, sort of conventional wisdom is you gotta be in Silicon Valley. You gotta be in New York, LA, wherever wherever the hubs are. And, he was like, no, I'm live where I wanna live, and I'm gonna take advantage of some of the arbitrage opportunities of,

the Canada decision. So country, you know, sort of conventional wisdom is you gotta be in Silicon Valley. You gotta be in New York, LA, wherever wherever the hubs are. And, he was like, no, I'm live where I wanna live, and I'm gonna take advantage of some of the arbitrage opportunities of,

03:27

you know, he charged San Francisco rates to his companies he was doing designs for. But he paid his people, you know, local rights for doing the work that they were doing. And so his agency was wildly profitable.

you know, he charged San Francisco rates to his companies he was doing designs for. But he paid his people, you know, local rights for doing the work that they were doing. And so his agency was wildly profitable.

03:37

And that compounded over, like, a decade, which is great.

And that compounded over, like, a decade, which is great.

03:40

So Canada was one contrary decision. The other one was,

So Canada was one contrary decision. The other one was,

03:44

buying businesses versus building them. So,

buying businesses versus building them. So,

03:47

building businesses, very sexy, heroic,

building businesses, very sexy, heroic,

03:50

you're a genius, your Steve Jobs,

you're a genius, your Steve Jobs,

03:52

buy biz buying, you know, a business that does two million dollars in revenue and one million dollars of EBITDA.

buy biz buying, you know, a business that does two million dollars in revenue and one million dollars of EBITDA.

03:58

You don't get that same sort of props, but his take was like, I think that building is sort of fun, and he still does it. But overrated and over indexed on versus buying where there's way more opportunities.

You don't get that same sort of props, but his take was like, I think that building is sort of fun, and he still does it. But overrated and over indexed on versus buying where there's way more opportunities.

04:10

So I thought that was another one. And I went to Canada. I went and hung out with him for a couple days

So I thought that was another one. And I went to Canada. I went and hung out with him for a couple days

04:15

we almost did business together. And I was like, oh, I can't find a flight directly to Victoria. So Andrew lives in Victoria, which is like It feels like a small European town. I don't know how many people live there. Maybe

we almost did business together. And I was like, oh, I can't find a flight directly to Victoria. So Andrew lives in Victoria, which is like It feels like a small European town. I don't know how many people live there. Maybe

04:28

three hundred thousand, maybe less. Maybe maybe less, actually. Maybe two hundred thousand.

three hundred thousand, maybe less. Maybe maybe less, actually. Maybe two hundred thousand.

04:33

And

And

04:34

I was like, I can't find him to direct flight. He goes, it's okay. We'll get you up here, and he chartered a jet for me.

I was like, I can't find him to direct flight. He goes, it's okay. We'll get you up here, and he chartered a jet for me.

04:41

By there.

By there.

04:42

And it was awesome. It was great. So I'm happy I'm friends with him.

And it was awesome. It was great. So I'm happy I'm friends with him.

04:47

For that reason alone, I'm happy I'm friends with him. Yeah. He's gonna he was a good guy. I think we should have him on the podcast, like, once a month, at the minimum. And, he should just be a friend friend of the show. Do you wanna talk about something

For that reason alone, I'm happy I'm friends with him. Yeah. He's gonna he was a good guy. I think we should have him on the podcast, like, once a month, at the minimum. And, he should just be a friend friend of the show. Do you wanna talk about something

04:58

that is that I found on the internet that I think is I don't know if it's real or not. Tell me more. Okay. So

that is that I found on the internet that I think is I don't know if it's real or not. Tell me more. Okay. So

05:06

There's this guy named Sam Evans. Have you heard of this person? You know, you had mentioned his name, and I was like, Sam Evans never heard of it. Sounds like a fake name. And then I googled him and I saw his face. I was like, oh, I've seen this guy on my Facebook feed. This guy advertises a lot. So tell me about I don't know much about him. Tell me about him. Yeah. So the way it started was He's an New Zealand guy. He's maybe thirty years old, and he,

There's this guy named Sam Evans. Have you heard of this person? You know, you had mentioned his name, and I was like, Sam Evans never heard of it. Sounds like a fake name. And then I googled him and I saw his face. I was like, oh, I've seen this guy on my Facebook feed. This guy advertises a lot. So tell me about I don't know much about him. Tell me about him. Yeah. So the way it started was He's an New Zealand guy. He's maybe thirty years old, and he,

05:29

started what he claims as a consulting

started what he claims as a consulting

05:32

consulting business, which basically, he would talk to small barbers or, I don't know, what type of small companies, small local things that wanted more leads and he would help them, like, optimize the help or something like that. And I think that that was mildly successful.

consulting business, which basically, he would talk to small barbers or, I don't know, what type of small companies, small local things that wanted more leads and he would help them, like, optimize the help or something like that. And I think that that was mildly successful.

05:47

And from there, he goes, well, I'm just gonna teach other companies how to do this. And so he created a course and he named it consulting dot com.

And from there, he goes, well, I'm just gonna teach other companies how to do this. And so he created a course and he named it consulting dot com.

05:55

And at this point, now there's three course So the first course is creating a consulting business, which is like you do stuff for local companies, like,

And at this point, now there's three course So the first course is creating a consulting business, which is like you do stuff for local companies, like,

06:03

teaching you how to be a consultant.

teaching you how to be a consultant.

06:05

Yeah. It teaches this course teaches you how to be a consultant. And, obviously, that's like the model is you make more money teaching people than actually doing the thing And so he, it's cost two grand, and he started making money off that. Then that teaches you how to go from zero to some sustainable business And then from there, there's a five thousand dollar course, which teaches you how to go from a hundred, five hundred thousand dollar company to a some million dollar company. And then there's a higher end, which is fifty grand, and that teaches you how to go from one million to eight figures. Right. And

Yeah. It teaches this course teaches you how to be a consultant. And, obviously, that's like the model is you make more money teaching people than actually doing the thing And so he, it's cost two grand, and he started making money off that. Then that teaches you how to go from zero to some sustainable business And then from there, there's a five thousand dollar course, which teaches you how to go from a hundred, five hundred thousand dollar company to a some million dollar company. And then there's a higher end, which is fifty grand, and that teaches you how to go from one million to eight figures. Right. And

06:37

his website,

his website,

06:39

like, I don't know if this is like a get rich quick scheme.

like, I don't know if this is like a get rich quick scheme.

06:42

Like, I can't tell because it is so elaborate that it could be true, but it seems so good be true. Any claims

Like, I can't tell because it is so elaborate that it could be true, but it seems so good be true. Any claims

06:49

to do something like fifty or sixty million dollars a year in sales with

to do something like fifty or sixty million dollars a year in sales with

06:53

fifty percent margin.

fifty percent margin.

06:54

On his so the website is consulting dot com. Yep. Great. Yeah.

On his so the website is consulting dot com. Yep. Great. Yeah.

07:00

But, like, when you click through it, it all seems so good to be true. Like, there's like video reviews, and I am I know how to, like, hack that together. Yeah. Of course. You can make something look totally legit and, like, six hours with two rebels.

But, like, when you click through it, it all seems so good to be true. Like, there's like video reviews, and I am I know how to, like, hack that together. Yeah. Of course. You can make something look totally legit and, like, six hours with two rebels.

07:13

But his stuff is so

But his stuff is so

07:15

it's so elaborate. So if it is a ski, and then I looked at his glass door reviews and, like,

it's so elaborate. So if it is a ski, and then I looked at his glass door reviews and, like,

07:20

None. It some some sometimes I think this adds up to be legit or this adds up to where this is just a massive fraud or scam. It's very interesting.

None. It some some sometimes I think this adds up to be legit or this adds up to where this is just a massive fraud or scam. It's very interesting.

07:30

And so he says on the website, twenty thousand active students. So if we take the lowest paid plan that you mentioned, two thousand.

And so he says on the website, twenty thousand active students. So if we take the lowest paid plan that you mentioned, two thousand.

07:36

That's forty million a year. Of, recurring revenue.

That's forty million a year. Of, recurring revenue.

07:40

Well, no. It's not recurring. It's just a one time. Okay. Yeah. That's forty million in sales. Right. Not over, not And the sale is a digital course. Correct?

Well, no. It's not recurring. It's just a one time. Okay. Yeah. That's forty million in sales. Right. Not over, not And the sale is a digital course. Correct?

07:50

Yeah. So it could be very profitable minus ad spend. Right?

Yeah. So it could be very profitable minus ad spend. Right?

07:54

So maybe sixty percent margin or something like that? Yeah. It's super interesting.

So maybe sixty percent margin or something like that? Yeah. It's super interesting.

07:59

It's very at thing. But, like, so you go from level one beginner, level two master to level three god. Damn, don't you just wanna spend that fifty grand to become a level three god? But it's so interesting because

It's very at thing. But, like, so you go from level one beginner, level two master to level three god. Damn, don't you just wanna spend that fifty grand to become a level three god? But it's so interesting because

08:10

if you, like, if you had cash flow each year, like, what's the amount of cash flow that you need each year to where you think that you don't, like, that you couldn't spend that amount. Like, twenty million dollars probably. Right? Oh, yeah. I think that's high. I don't think you'd spend more than five million dollars a year.

if you, like, if you had cash flow each year, like, what's the amount of cash flow that you need each year to where you think that you don't, like, that you couldn't spend that amount. Like, twenty million dollars probably. Right? Oh, yeah. I think that's high. I don't think you'd spend more than five million dollars a year.

08:26

Net

Net

08:27

taxes, like after taxes. Yeah.

taxes, like after taxes. Yeah.

08:31

Maybe you could, dude. I think what's two hundred thousand dollars a month? That's

Maybe you could, dude. I think what's two hundred thousand dollars a month? That's

08:36

three million dollars a year. I could spend three million dollars a year pretty easily. Getting what?

three million dollars a year. I could spend three million dollars a year pretty easily. Getting what?

08:41

I've got friends who live in Long Island. Now what what would you do? And they spent eighty grand a month. I mean, I would I would just have two huge houses and a full staff to take care of me. I mean, it would be a company.

I've got friends who live in Long Island. Now what what would you do? And they spent eighty grand a month. I mean, I would I would just have two huge houses and a full staff to take care of me. I mean, it would be a company.

08:53

Just, you know, starting to carry me. Just the hand of my needs. It would be a company. Right. I would have a handful of cars and two a a nice house and and then another house in the warm weather. Right. And I would fly private. And you're still under the five million. Right? That's three point six million that you you said. So can. Maybe maybe you need Tana as a buffer.

Just, you know, starting to carry me. Just the hand of my needs. It would be a company. Right. I would have a handful of cars and two a a nice house and and then another house in the warm weather. Right. And I would fly private. And you're still under the five million. Right? That's three point six million that you you said. So can. Maybe maybe you need Tana as a buffer.

09:12

I just think that you could do it. So so you're saying this might be a tremendous business,

I just think that you could do it. So so you're saying this might be a tremendous business,

09:17

and it's a little

and it's a little

09:19

the sketching sketching detectors growth. I wanted to know if you had ever heard of this or if the listeners have ever heard of this, and if this is legit, some of our subscribers told me they subscribed to it, and they're like, I got I got a lot of value out of it. Yeah. I would believe that. So so I'll tell you kind of my closest experience with something like this. So first of all, no. I've never heard of this. And I don't know any entrepreneurs in San Francisco where all my friends are from,

the sketching sketching detectors growth. I wanted to know if you had ever heard of this or if the listeners have ever heard of this, and if this is legit, some of our subscribers told me they subscribed to it, and they're like, I got I got a lot of value out of it. Yeah. I would believe that. So so I'll tell you kind of my closest experience with something like this. So first of all, no. I've never heard of this. And I don't know any entrepreneurs in San Francisco where all my friends are from,

09:42

that do anything like this, but that doesn't mean it's not valuable.

that do anything like this, but that doesn't mean it's not valuable.

09:46

The closest thing I did to this was sort of going into the Tony Robbins pipeline.

The closest thing I did to this was sort of going into the Tony Robbins pipeline.

09:51

And,

And,

09:52

so I've I've tried a bunch of times about Tony Robbins, how great he is, and blah blah blah. I like him a lot. I got a lot of value out of going to his workshop.

so I've I've tried a bunch of times about Tony Robbins, how great he is, and blah blah blah. I like him a lot. I got a lot of value out of going to his workshop.

09:59

It was fun with you, and I elf because it freaked me out. Yeah. And a lot of people get freaked a lot of people's preconception is just this is like a cult. Skye's a snake oil, you know, salesman or whatever.

It was fun with you, and I elf because it freaked me out. Yeah. And a lot of people get freaked a lot of people's preconception is just this is like a cult. Skye's a snake oil, you know, salesman or whatever.

10:11

Yeah. Like, what am I getting myself into? And I, like, I admit, like, when I went there, I was like, okay, cool. I'm going, but I'm not doing any of that dancing shit. I'm just, I'm just here for the information.

Yeah. Like, what am I getting myself into? And I, like, I admit, like, when I went there, I was like, okay, cool. I'm going, but I'm not doing any of that dancing shit. I'm just, I'm just here for the information.

10:20

Sit down. I'm a be quiet. I'm not gonna yell. I'm not gonna hug. I'm not gonna dance. And you and your friends sat separately. So you wouldn't be embarrassed if you didn't. What was my brother-in-law? And we just agreed beforehand. We're like, yo,

Sit down. I'm a be quiet. I'm not gonna yell. I'm not gonna hug. I'm not gonna dance. And you and your friends sat separately. So you wouldn't be embarrassed if you didn't. What was my brother-in-law? And we just agreed beforehand. We're like, yo,

10:29

we might end up doing the dancing shit. So you sit on that side of the room. I'm sitting on this side of the room, and, let's see. We didn't see each other except for at the end of the night when the the event would end each day. And, we would get back together. But anyways, by, you know, hour one, I'm dancing and doing all the good stuff too. But anyways, it was a lot of value. You know, it cost me, like, a thousand bucks to go to thing,

we might end up doing the dancing shit. So you sit on that side of the room. I'm sitting on this side of the room, and, let's see. We didn't see each other except for at the end of the night when the the event would end each day. And, we would get back together. But anyways, by, you know, hour one, I'm dancing and doing all the good stuff too. But anyways, it was a lot of value. You know, it cost me, like, a thousand bucks to go to thing,

10:50

I thought it was tremendous. And then in the thing, like, he upspells just like this guy does. Right? So he's, like, you know, one of the first kind of

I thought it was tremendous. And then in the thing, like, he upspells just like this guy does. Right? So he's, like, you know, one of the first kind of

10:59

I don't know, coaches, lifestyle coaches, business coaches out there, and he's been doing this for forty years now. So he went from audio tapes to

I don't know, coaches, lifestyle coaches, business coaches out there, and he's been doing this for forty years now. So he went from audio tapes to

11:07

books to infomercials.

books to infomercials.

11:08

Now the internet, like, whatever the channel was, he wrote it, and I was like, I'm the business coach. I'm the lifestyle coach. And, you know, I I got a lot of value. And at one point, he upsells his business mastery class or business mastery things, like, okay. If you like this, if you like how you're feeling right now and right after he makes you feel great,

Now the internet, like, whatever the channel was, he wrote it, and I was like, I'm the business coach. I'm the lifestyle coach. And, you know, I I got a lot of value. And at one point, he upsells his business mastery class or business mastery things, like, okay. If you like this, if you like how you're feeling right now and right after he makes you feel great,

11:25

He's like, you know, that table over there is for anybody who wants to grow their business. It's ten thousand dollars. You spend five days with

He's like, you know, that table over there is for anybody who wants to grow their business. It's ten thousand dollars. You spend five days with

11:33

me. And if you don't get a million dollars of value from this thing, I will give you all your money back. And, in the moment, I was like, dude, I got a million dollars of value today. You you know, of course, I would do that. I didn't actually sign up for it, but our buddy, CAva, did and went to it. He did.

me. And if you don't get a million dollars of value from this thing, I will give you all your money back. And, in the moment, I was like, dude, I got a million dollars of value today. You you know, of course, I would do that. I didn't actually sign up for it, but our buddy, CAva, did and went to it. He did.

11:47

I believe so. I believe so. And so, you know, sorry, Steve, if I got that wrong, but I'm pretty sure he told me he did. And I have several friends who actually did it as well. And they said, they're like, yeah, it's great. And if you have a business that's doing you know, if you have a business your size, right? Your business is worth tens of millions of dollars.

I believe so. I believe so. And so, you know, sorry, Steve, if I got that wrong, but I'm pretty sure he told me he did. And I have several friends who actually did it as well. And they said, they're like, yeah, it's great. And if you have a business that's doing you know, if you have a business your size, right? Your business is worth tens of millions of dollars.

12:04

If you can get a sort of two percent, three percent, five percent lift Yeah. In your business, just through improving your own psychology, your own enthusiasm, your own tactics,

If you can get a sort of two percent, three percent, five percent lift Yeah. In your business, just through improving your own psychology, your own enthusiasm, your own tactics,

12:14

it's obviously paid itself off. Right? Oh, but how does the infrastructure of this work? Like, I'm looking at it now. Does you does Tony Robbins literally have to be at all the things?

it's obviously paid itself off. Right? Oh, but how does the infrastructure of this work? Like, I'm looking at it now. Does you does Tony Robbins literally have to be at all the things?

12:24

No. So, well, he does his live events. Yes. So he's the traveling salesman that does the live events, and he probably does. I don't know. I'm gonna get it wrong. But, like, let's call it twenty to forty live events a year. A lot. It's hard work. A lot.

No. So, well, he does his live events. Yes. So he's the traveling salesman that does the live events, and he probably does. I don't know. I'm gonna get it wrong. But, like, let's call it twenty to forty live events a year. A lot. It's hard work. A lot.

12:37

You know, every week, he every week or two, he's somewhere.

You know, every week, he every week or two, he's somewhere.

12:40

And,

And,

12:41

then he has his sort of, like, army of, like, coaches that are trained under him. By the way, they all seemed garbage.

then he has his sort of, like, army of, like, coaches that are trained under him. By the way, they all seemed garbage.

12:49

And so he has this, you know, the people who are the actual coaches that will call you and do all this other stuff with you, they are

And so he has this, you know, the people who are the actual coaches that will call you and do all this other stuff with you, they are

12:56

you know, like, there's like a a fleet of them. I don't know. A hundred hundred people that And just need a coach. Structure is garbage. Those people are garbage. When I met them, I was not impressed. In fact, on the days. So Todor hasn't been doing this for forty years to the point where he's been public speaking on stages hyping crowds up for, like, forty years. Right? So he can't actually do two days back to back. So he does day one, and he goes from eight AM to one AM. And there's no breaks.

you know, like, there's like a a fleet of them. I don't know. A hundred hundred people that And just need a coach. Structure is garbage. Those people are garbage. When I met them, I was not impressed. In fact, on the days. So Todor hasn't been doing this for forty years to the point where he's been public speaking on stages hyping crowds up for, like, forty years. Right? So he can't actually do two days back to back. So he does day one, and he goes from eight AM to one AM. And there's no breaks.

13:19

You can go to the bathroom, but you are missing the action when you go. And he's just talking the whole time. He's on stage he's talking, and he's got ten thousand people in an audience. I've been twice now.

You can go to the bathroom, but you are missing the action when you go. And he's just talking the whole time. He's on stage he's talking, and he's got ten thousand people in an audience. I've been twice now.

13:29

Actually, I've been three times I should I should correct that. So so the first time I was just experiencing it the second two times I was observing it because I took a fleet of friends. I bought tickets for my family and friends. I was like, is the best gift I can give you, and they loved it. Most of them. And,

Actually, I've been three times I should I should correct that. So so the first time I was just experiencing it the second two times I was observing it because I took a fleet of friends. I bought tickets for my family and friends. I was like, is the best gift I can give you, and they loved it. Most of them. And,

13:42

so anyways, he holds people's attention for, like, fourteen hours straight, which is incredible.

so anyways, he holds people's attention for, like, fourteen hours straight, which is incredible.

13:47

You know, you can't most people can't, you know, listen to a a six minute YouTube video and and have their attention held. But then the second day, it's not him on stage because his vocal cords are shredded Right. So he can't speak the next day. And this, like, his number two comes up. And this guy's a good public speaker, but he's not like, it's like Michael Jordan, and then you go down to BJ Armstrong. And it's like, oh, no. I came here to for Michael Jordan. And so literally, this guy just he says stuff, and then he tees up a video of Tony talking. Tanging years ago when he used to do this, like, he used to do all four days himself. Oh my god. He queues up the the video of Tony. And you sit there and you're watching YouTube videos with ten thousand other people And this guy's just moderating it. It's like this bizarre experience.

You know, you can't most people can't, you know, listen to a a six minute YouTube video and and have their attention held. But then the second day, it's not him on stage because his vocal cords are shredded Right. So he can't speak the next day. And this, like, his number two comes up. And this guy's a good public speaker, but he's not like, it's like Michael Jordan, and then you go down to BJ Armstrong. And it's like, oh, no. I came here to for Michael Jordan. And so literally, this guy just he says stuff, and then he tees up a video of Tony talking. Tanging years ago when he used to do this, like, he used to do all four days himself. Oh my god. He queues up the the video of Tony. And you sit there and you're watching YouTube videos with ten thousand other people And this guy's just moderating it. It's like this bizarre experience.

14:28

That's crazy. I didn't really sell it very well, but I'll tell you this. That was probably the best

That's crazy. I didn't really sell it very well, but I'll tell you this. That was probably the best

14:33

the best money I've ever spent on anything self improvement wise, if you add up all the books or anything else, it's not even close. Maybe I should do it.

the best money I've ever spent on anything self improvement wise, if you add up all the books or anything else, it's not even close. Maybe I should do it.

14:42

You tell you should totally do it. I took about twenty people. So I paid for twenty people's tickets to go. You paid twenty grand? Yeah. I basically became an affiliate for him. I didn't get paid. I just I believe do it so much. I paid for twenty other people to go,

You tell you should totally do it. I took about twenty people. So I paid for twenty people's tickets to go. You paid twenty grand? Yeah. I basically became an affiliate for him. I didn't get paid. I just I believe do it so much. I paid for twenty other people to go,

14:57

since then, in the in the it's been four years since then.

since then, in the in the it's been four years since then.

15:00

And,

And,

15:02

of them, I would say four people were like me, where they were like, holy shit, life changed. That was the most valuable thing.

of them, I would say four people were like me, where they were like, holy shit, life changed. That was the most valuable thing.

15:09

So four out of twenty, let's say. And then,

So four out of twenty, let's say. And then,

15:13

another, let's call it, I don't know,

another, let's call it, I don't know,

15:16

fifteen

fifteen

15:17

were kind of, like, that was amazing. And I talked to him a year later, and they're, like, disappointed in themselves that they didn't carry it forward. They're, like, god, it was so good, and I had so much clarity, and I had so much energy. But I'm kinda mad at myself. I just kinda let it fade from there. Like, I don't even really remember it now. I just remember what I felt then. And, yeah, I didn't really get too much value because I'm not doing any of the things I wanted to do, you know, after that weekend. And then there's three or four people that literally left. They were like, This is way too faulty. This is pop science. I don't like this. I don't believe this. I don't like how he's manipulating everybody. I'm out. And I was like, okay, that's the spectrum. Anyone I know?

were kind of, like, that was amazing. And I talked to him a year later, and they're, like, disappointed in themselves that they didn't carry it forward. They're, like, god, it was so good, and I had so much clarity, and I had so much energy. But I'm kinda mad at myself. I just kinda let it fade from there. Like, I don't even really remember it now. I just remember what I felt then. And, yeah, I didn't really get too much value because I'm not doing any of the things I wanted to do, you know, after that weekend. And then there's three or four people that literally left. They were like, This is way too faulty. This is pop science. I don't like this. I don't believe this. I don't like how he's manipulating everybody. I'm out. And I was like, okay, that's the spectrum. Anyone I know?

15:54

Alex from Com, the founder of Com, he hated it. And so he just went for a bike ride, I think, in the middle of one of the days, because he was like, it's just too much for me. And he's like, I don't I didn't I didn't feel good in what was going on. And so I left. I rode my bike around the city. And I had fun doing that.

Alex from Com, the founder of Com, he hated it. And so he just went for a bike ride, I think, in the middle of one of the days, because he was like, it's just too much for me. And he's like, I don't I didn't I didn't feel good in what was going on. And so I left. I rode my bike around the city. And I had fun doing that.

16:11

And then What, what was the number one takeaway?

And then What, what was the number one takeaway?

16:15

For me?

For me?

16:17

Oh, dude. I have a notepad full that I call the Bible, because I was like, this is the closest thing that I have to religion. Right? It's like, religion and then as many as Oh my god. Reli religion is like an operating philosophy for life. Right? That's what that's what people use religion for. In many ways, like, you know, don't harm your neighbor, blah blah blah. Like, it's an operating philosophy.

Oh, dude. I have a notepad full that I call the Bible, because I was like, this is the closest thing that I have to religion. Right? It's like, religion and then as many as Oh my god. Reli religion is like an operating philosophy for life. Right? That's what that's what people use religion for. In many ways, like, you know, don't harm your neighbor, blah blah blah. Like, it's an operating philosophy.

16:34

So this was an operating philosophy. So I'll I'll give you two of the nuggets. Right? So the first one is,

So this was an operating philosophy. So I'll I'll give you two of the nuggets. Right? So the first one is,

16:40

the quality of your life is equal to the quality of the emotions you have on a day to day basis. So what does that mean? It's kind of a mouthful.

the quality of your life is equal to the quality of the emotions you have on a day to day basis. So what does that mean? It's kind of a mouthful.

16:46

But, like, we're both in a good position. We're very privileged. We're more successful than we ever thought we would be seven years ago, probably. Like, the position we're in now, seven years ago us would have been envious of that.

But, like, we're both in a good position. We're very privileged. We're more successful than we ever thought we would be seven years ago, probably. Like, the position we're in now, seven years ago us would have been envious of that.

16:58

But your happiness is not, like, ten times more than it was seven years ago. Right? Like, you're probably feeling about the same. And the reason why is that you know, life is not about, you know, what you have and what you've achieved. It's about who you've become. And so what most people

But your happiness is not, like, ten times more than it was seven years ago. Right? Like, you're probably feeling about the same. And the reason why is that you know, life is not about, you know, what you have and what you've achieved. It's about who you've become. And so what most people

17:14

What most people miss is that if you are it doesn't matter if you're rich, doesn't matter if you're family, doesn't matter if you have, you know, if you're famous,

What most people miss is that if you are it doesn't matter if you're rich, doesn't matter if you're family, doesn't matter if you have, you know, if you're famous,

17:20

If the emotions that you're feeling on a day to day basis are stressed, then you have a shitty quality of life. If you're feeling anger or upset, then you have a shitty quality of life regardless of everything else. And so then the question is, how do you figure out how to, like, change your emotions on a day to day basis so you're feeling good every day regardless of your situation?

If the emotions that you're feeling on a day to day basis are stressed, then you have a shitty quality of life. If you're feeling anger or upset, then you have a shitty quality of life regardless of everything else. And so then the question is, how do you figure out how to, like, change your emotions on a day to day basis so you're feeling good every day regardless of your situation?

17:41

Selective. So he gives you three th three, like, tools. He's like, alright, here's the three ways you can change how you feel. The very first thing is your bot is physical.

Selective. So he gives you three th three, like, tools. He's like, alright, here's the three ways you can change how you feel. The very first thing is your bot is physical.

17:47

So if you change your, if you have a radical change in your physiology calls it, which basically means if you did a bunch of push ups, if you exercised, if you ran, if you jumped into a cold pool or or why people like taking hot showers is to relax. The fastest way to change how you feel is to physically change your body. In fact,

So if you change your, if you have a radical change in your physiology calls it, which basically means if you did a bunch of push ups, if you exercised, if you ran, if you jumped into a cold pool or or why people like taking hot showers is to relax. The fastest way to change how you feel is to physically change your body. In fact,

18:06

Emmet, who's the CEO of Twitch, was telling me this the other day, or he he was kind of talking about this on Twitter.

Emmet, who's the CEO of Twitch, was telling me this the other day, or he he was kind of talking about this on Twitter.

18:12

People have panic attacks

People have panic attacks

18:14

And, when you have a panic attacks, really uncomfortable feeling, and most people with panic attacks

And, when you have a panic attacks, really uncomfortable feeling, and most people with panic attacks

18:19

really want a solution of what How do I not get these? I I take medicine. And so some people take medicine, and that's one way to change your physiology is chemically changing your physiology.

really want a solution of what How do I not get these? I I take medicine. And so some people take medicine, and that's one way to change your physiology is chemically changing your physiology.

18:30

What most people try to do is, like,

What most people try to do is, like,

18:32

people try to help people think their way out of it. They're like, oh, just, you know, don't be so anxious, and you need to just relax. I'm, like, as if that can help.

people try to help people think their way out of it. They're like, oh, just, you know, don't be so anxious, and you need to just relax. I'm, like, as if that can help.

18:40

That's, like, you know, that's if that was that easy, yeah, we would all do it.

That's, like, you know, that's if that was that easy, yeah, we would all do it.

18:44

And actually, what science has shown is that fastest, most effective kind of quick and dirty way to stop a panic attack is to, plunge your face into, really cold water. If you do that right at the start of panic attack, it will stop it because your fight or flight again, it'll it'll override that. And so One time I accidentally

And actually, what science has shown is that fastest, most effective kind of quick and dirty way to stop a panic attack is to, plunge your face into, really cold water. If you do that right at the start of panic attack, it will stop it because your fight or flight again, it'll it'll override that. And so One time I accidentally

19:02

ate brownies that my roommate made, and they turned out to be edible brownies, and I don't smoke weed. And I hate weed so much.

ate brownies that my roommate made, and they turned out to be edible brownies, and I don't smoke weed. And I hate weed so much.

19:09

Like, I don't do any of that. And I ate a lot of brownies. And I was like, James, I'm flipping out. He goes, yeah, I'm sorry. Those were weed brown. And I

Like, I don't do any of that. And I ate a lot of brownies. And I was like, James, I'm flipping out. He goes, yeah, I'm sorry. Those were weed brown. And I

19:18

I started having panic attack, and I went and got in a cold shower, and that was the only thing that helps. Oh, nice. Okay. Yeah. So so that's fastest way to change what you feel is your body.

I started having panic attack, and I went and got in a cold shower, and that was the only thing that helps. Oh, nice. Okay. Yeah. So so that's fastest way to change what you feel is your body.

19:27

Either through heat, cold, or getting your heart rate up and exercising.

Either through heat, cold, or getting your heart rate up and exercising.

19:31

And it doesn't be, like, go go to the gym. It can be, like, If you did ten jumping jacks, you will feel different than you did before that.

And it doesn't be, like, go go to the gym. It can be, like, If you did ten jumping jacks, you will feel different than you did before that.

19:38

The second one is focus. So what are you gonna focus on?

The second one is focus. So what are you gonna focus on?

19:42

So so you, you know, where you place your focus is gonna judge how what your brain is,

So so you, you know, where you place your focus is gonna judge how what your brain is,

19:49

what your brain is basically signaling to your body of how to feel. So if you're focused on pain, then you're gonna feel shitty. If you're focused on how somebody did you wrong, how this guy cuts you off in traffic, you're gonna get outraged.

what your brain is basically signaling to your body of how to feel. So if you're focused on pain, then you're gonna feel shitty. If you're focused on how somebody did you wrong, how this guy cuts you off in traffic, you're gonna get outraged.

20:01

But if you focus on things you're grateful for, if you focus on things are going well, if you focus on things that are, that you can trust that you can rely on, you'll feel different. And then the last one is

But if you focus on things you're grateful for, if you focus on things are going well, if you focus on things that are, that you can trust that you can rely on, you'll feel different. And then the last one is

20:12

I think it's like language. It's a language or story, which basically the words you use and the story you tell yourself. The big the big idea, and I recommend this to anybody who's, like, in business, which is

I think it's like language. It's a language or story, which basically the words you use and the story you tell yourself. The big the big idea, and I recommend this to anybody who's, like, in business, which is

20:22

the quality of your results

the quality of your results

20:24

is linked to your quality of your decisions, and the quality of your decisions is linked to the quality of the internal monologue you have. So the conversation you have with yourself

is linked to your quality of your decisions, and the quality of your decisions is linked to the quality of the internal monologue you have. So the conversation you have with yourself

20:34

ends up dictating

ends up dictating

20:35

the decisions you make, which ends up dictating the results you get. And that's kinda what I pulled away from the whole thing. And then it's a whole bunch of strategies to do that better. I think you just saved me a thousand dollars.

the decisions you make, which ends up dictating the results you get. And that's kinda what I pulled away from the whole thing. And then it's a whole bunch of strategies to do that better. I think you just saved me a thousand dollars.

20:45

Well, you gotta get up and dance. Otherwise, it doesn't stay. This is awesome. I like learning about this. Yeah. I always hesitate to talk about it because it's, like, kinda preachy, but

Well, you gotta get up and dance. Otherwise, it doesn't stay. This is awesome. I like learning about this. Yeah. I always hesitate to talk about it because it's, like, kinda preachy, but

20:54

No. I don't I think it helps some people. It's never preachy when you can make fun of it. So, like, you, you do a good job of making fun of something, and then you explain what it is. So that's never preachy.

No. I don't I think it helps some people. It's never preachy when you can make fun of it. So, like, you, you do a good job of making fun of something, and then you explain what it is. So that's never preachy.

21:04

Okay. Sounds good. Alright. Let's do let's do him a little different. Let's do,

Okay. Sounds good. Alright. Let's do let's do him a little different. Let's do,

21:09

we started this joking segment called the billionaire of the week. Billy of the week, And,

we started this joking segment called the billionaire of the week. Billy of the week, And,

21:14

I think we should actually continue it. I loved it. I, your guy, Zavier Neil, I went and looked you talked about him two weeks ago, and I went and read all about him. He mostly speaks French and all of his talks on YouTube. So it was kind of hard to you had to read along.

I think we should actually continue it. I loved it. I, your guy, Zavier Neil, I went and looked you talked about him two weeks ago, and I went and read all about him. He mostly speaks French and all of his talks on YouTube. So it was kind of hard to you had to read along.

21:28

He's badass. I love that guy. Okay. And you had one you were thinking about. Who who's the billionaire of the week? Yeah. Let me pull up my notes. So his name is Michael Loeb. Have you heard of him? I had not. Okay. So Michael Loeb

He's badass. I love that guy. Okay. And you had one you were thinking about. Who who's the billionaire of the week? Yeah. Let me pull up my notes. So his name is Michael Loeb. Have you heard of him? I had not. Okay. So Michael Loeb

21:41

in the nineties, I'm pulling up my notes. He started this thing called Synapse group. And basically what they did was this was before

in the nineties, I'm pulling up my notes. He started this thing called Synapse group. And basically what they did was this was before

21:50

a lot of things were popular on the internet. And so they patented

a lot of things were popular on the internet. And so they patented

21:53

I don't know how they did this. There must have been something unique about it, but they patented,

I don't know how they did this. There must have been something unique about it, but they patented,

21:57

the online subscription model.

the online subscription model.

22:00

I don't yeah. I I don't know, like, how that there there's some really maybe great things that are a little bit beyond what I'm able to understand. But Hold on. They made money off that patent, or they're just patenting, but everybody does it? Well, so they they just created a unique way to do it. And I think I don't know exactly how it worked, but basically,

I don't yeah. I I don't know, like, how that there there's some really maybe great things that are a little bit beyond what I'm able to understand. But Hold on. They made money off that patent, or they're just patenting, but everybody does it? Well, so they they just created a unique way to do it. And I think I don't know exactly how it worked, but basically,

22:19

Time magazine

Time magazine

22:20

Meredith,

Meredith,

22:21

which is a huge magazine publisher. All these magazine publishers would pay them money to get them more subscriptions because this way in which they were able to re get people to renew subscriptions must have been fantastic, and it worked really well. I don't understand

which is a huge magazine publisher. All these magazine publishers would pay them money to get them more subscriptions because this way in which they were able to re get people to renew subscriptions must have been fantastic, and it worked really well. I don't understand

22:34

how it worked then. Basically, what it seems now is like a really robust affiliate network. So, like, Meredith will cross sell Meredith which is a three billion dollar company based out of Minnesota, I believe, bought the company Synapse for a lot of money, and they deployed it across all their brands.

how it worked then. Basically, what it seems now is like a really robust affiliate network. So, like, Meredith will cross sell Meredith which is a three billion dollar company based out of Minnesota, I believe, bought the company Synapse for a lot of money, and they deployed it across all their brands.

22:50

So

So

22:51

it's kinda let's

it's kinda let's

22:53

he made it big through the Synapse group, which was a magazine subscription thing.

he made it big through the Synapse group, which was a magazine subscription thing.

22:58

It definitely made him wealthy. He didn't make him a billionaire, but it made him he definitely got wealthy. What made him really wealthy was with his co founder of Synapse, he went and started priceline.

It definitely made him wealthy. He didn't make him a billionaire, but it made him he definitely got wealthy. What made him really wealthy was with his co founder of Synapse, he went and started priceline.

23:07

And price line eventually. I think are they are they owned by Expedia or are they the only thing?

And price line eventually. I think are they are they owned by Expedia or are they the only thing?

23:12

I'm not sure.

I'm not sure.

23:13

First time owner. Let's just check it out. Booking booking hold. Booking. So it it now it's just a huge, you know, huge thing. So that that made them very wealthy. But what's interesting is after that,

First time owner. Let's just check it out. Booking booking hold. Booking. So it it now it's just a huge, you know, huge thing. So that that made them very wealthy. But what's interesting is after that,

23:24

He started,

He started,

23:25

like,

like,

23:27

the the what used to be part of just like a a a rich entrepreneur's

the the what used to be part of just like a a a rich entrepreneur's

23:31

playground where they just launched companies. Right. And it's called loeb n

playground where they just launched companies. Right. And it's called loeb n

23:36

loeb dot n y c. And they've started a whole bunch of companies,

loeb dot n y c. And they've started a whole bunch of companies,

23:40

including a company called, I believe it's called Grip relief? Do you know what that is? No.

including a company called, I believe it's called Grip relief? Do you know what that is? No.

23:45

So what you do is you go to it. They started companies,

So what you do is you go to it. They started companies,

23:48

like, or they used to they used to own script relief and then they renamed it to something else. But basically, what you do is you go to the website and you can get discounts off of your pharmaceutical drugs.

like, or they used to they used to own script relief and then they renamed it to something else. But basically, what you do is you go to the website and you can get discounts off of your pharmaceutical drugs.

23:57

And so, like, if you wanna buy

And so, like, if you wanna buy

24:00

If you have Xanax

If you have Xanax

24:01

or some type of acne medicine or something like that, somehow they they get they get access to these deals and you use that coupon code at CVS, and you get a discount and

or some type of acne medicine or something like that, somehow they they get they get access to these deals and you use that coupon code at CVS, and you get a discount and

24:12

it's paid for sending CVS business.

it's paid for sending CVS business.

24:15

And that They they made that business. We talked about on the podcast called. Thanks. That b to b gifting thing. It looks like it's in their range, better. Yeah. So they own a bunch of stuff, and he owns a lot of them. And a business like Scripter Leaf was making something like a hundred million dollars a year in profit.

And that They they made that business. We talked about on the podcast called. Thanks. That b to b gifting thing. It looks like it's in their range, better. Yeah. So they own a bunch of stuff, and he owns a lot of them. And a business like Scripter Leaf was making something like a hundred million dollars a year in profit.

24:29

And so some of his companies are really big. Now here's another reason why he's interesting.

And so some of his companies are really big. Now here's another reason why he's interesting.

24:34

Do you ever watch that TV show billions Yep. Love it. You know the house that Bobby axelrod bought? Okay. Yes. That's his house. That's Michael Loeb's house. Oh, wow. Okay. And baller. Last year or two years ago, Michael Loeb had a big party, like,

Do you ever watch that TV show billions Yep. Love it. You know the house that Bobby axelrod bought? Okay. Yes. That's his house. That's Michael Loeb's house. Oh, wow. Okay. And baller. Last year or two years ago, Michael Loeb had a big party, like,

24:51

fundraiser, like a sophisticated thing.

fundraiser, like a sophisticated thing.

24:53

And his son brought some friends along, and some of the eighteen year old friends got drunk and started pissing on the front lawn and just looking like a fool. So a low punch one of the kids in the nose and broke his nose, and might go to jail for it. He he he just punched this kid one time, but he heard him pretty bad. If you go to jail for just that?

And his son brought some friends along, and some of the eighteen year old friends got drunk and started pissing on the front lawn and just looking like a fool. So a low punch one of the kids in the nose and broke his nose, and might go to jail for it. He he he just punched this kid one time, but he heard him pretty bad. If you go to jail for just that?

25:11

They're they're trying to get him to go to jail for that. I mean, that's a salt. If you if you heard someone, you can definitely if you if you weren't a billionaire, you definitely could go to jail for I had they're trying to get him to go to jail. I have a feeling he's just gonna write a fat check. I mean, yeah, the kid was is probably just a rich snobby

They're they're trying to get him to go to jail for that. I mean, that's a salt. If you if you heard someone, you can definitely if you if you weren't a billionaire, you definitely could go to jail for I had they're trying to get him to go to jail. I have a feeling he's just gonna write a fat check. I mean, yeah, the kid was is probably just a rich snobby

25:26

So where did you see the scripts thing? This is not even on their website.

So where did you see the scripts thing? This is not even on their website.

25:29

I talked to people who work there.

I talked to people who work there.

25:32

Sam, doing his thing, investigative journalist, Sam. I like it.

Sam, doing his thing, investigative journalist, Sam. I like it.

25:36

I just talked to people who work there. So if you Google and let's see. Michael Loeb,

I just talked to people who work there. So if you Google and let's see. Michael Loeb,

25:42

Google Michael Loeb's script relief.

Google Michael Loeb's script relief.

25:45

It's it's on his LinkedIn.

It's it's on his LinkedIn.

25:48

Yeah. I see it now.

Yeah. I see it now.

25:49

It's renamed something else. So do you doesn't say what it's renamed to?

It's renamed something else. So do you doesn't say what it's renamed to?

25:53

I'm checking, but, you know, logging into LinkedIn is like, you know, taking the first ten steps into hell. So,

I'm checking, but, you know, logging into LinkedIn is like, you know, taking the first ten steps into hell. So,

25:59

I'm gonna try this now.

I'm gonna try this now.

26:04

Script relief was recently sold to UnitedHealthcare.

Script relief was recently sold to UnitedHealthcare.

26:07

Over five million users.

Over five million users.

26:10

Yeah. So it was sold to someone else, and now it's called something else.

Yeah. So it was sold to someone else, and now it's called something else.

26:14

But he just has like a web

But he just has like a web

26:17

of companies, and it's just super interesting because,

of companies, and it's just super interesting because,

26:20

dude, this is gonna sound weird. When you look at this guy, do you do you think this guy looks like a billion man? Does this guy look like a successful guy?

dude, this is gonna sound weird. When you look at this guy, do you do you think this guy looks like a billion man? Does this guy look like a successful guy?

26:28

No. That's why he doesn't. He looks like a guy who would punch a kid in the face. Yeah. He looks like a guy who's like bitter

No. That's why he doesn't. He looks like a guy who would punch a kid in the face. Yeah. He looks like a guy who's like bitter

26:35

about his life and punch a kid in the face for that reason, not punch a kid in the face because he's a billionaire and the kid pissed in his pool. No. He looks like he would be punching kids in the face regardless of what his financial status was. That's why he he's interesting to me. So I have such a Look at his mug shot. Google is Dave. Look at a mug shot. Like, he looks like he looks like,

about his life and punch a kid in the face for that reason, not punch a kid in the face because he's a billionaire and the kid pissed in his pool. No. He looks like he would be punching kids in the face regardless of what his financial status was. That's why he he's interesting to me. So I have such a Look at his mug shot. Google is Dave. Look at a mug shot. Like, he looks like he looks like,

26:54

He looks like a tough guy. Yeah. He looks yeah. He looks like a tough guy. He looks like an enforcer that a billionaire would have. He he's he's a billionaire, but he looks like a billionaire is an enforcer.

He looks like a tough guy. Yeah. He looks yeah. He looks like a tough guy. He looks like an enforcer that a billionaire would have. He he's he's a billionaire, but he looks like a billionaire is an enforcer.

27:02

Yeah. That's why I think this person's interesting because he's Oh, dang, they have a picture of the kid who he punched in the face. Yeah. He fucked him up. He

Yeah. That's why I think this person's interesting because he's Oh, dang, they have a picture of the kid who he punched in the face. Yeah. He fucked him up. He

27:10

broke his nose.

broke his nose.

27:14

Oh, man. I did not expect to just see those two side by side. That's, yeah, this is a quality is quality Google image searching. It's good. Right? And and look at that kid. He definitely has a punch bowl face.

Oh, man. I did not expect to just see those two side by side. That's, yeah, this is a quality is quality Google image searching. It's good. Right? And and look at that kid. He definitely has a punch bowl face.

27:25

Yeah. Well, the kid looks he did something. He's even he's, like, kinda smug in the picture. He did a broken nose. He's in the hospital with shirts covered in blood. He's got a little smirk on him. Yeah.

Yeah. Well, the kid looks he did something. He's even he's, like, kinda smug in the picture. He did a broken nose. He's in the hospital with shirts covered in blood. He's got a little smirk on him. Yeah.

27:35

Super interesting person. Right?

Super interesting person. Right?

27:37

Yeah. So, okay. I like this guy. I I never even heard of this guy. I feel like you know a bunch of these guys that are like the

Yeah. So, okay. I like this guy. I I never even heard of this guy. I feel like you know a bunch of these guys that are like the

27:43

either media titans or, like, these other, like, New York, you know, New York rich people. I only know, like, San Francisco or, like, Dubai rich people.

either media titans or, like, these other, like, New York, you know, New York rich people. I only know, like, San Francisco or, like, Dubai rich people.

27:51

I know them because I spend time on Wikipedia, because my way of building businesses is I'd like to see what has worked. And then I I reverse engineer how it worked. And I I'm like, alright, I'm gonna deploy that on my company.

I know them because I spend time on Wikipedia, because my way of building businesses is I'd like to see what has worked. And then I I reverse engineer how it worked. And I I'm like, alright, I'm gonna deploy that on my company.

28:05

And when I'm reverse engineering things, I'll, like, read about the company. Right. Well, I'll see who started it. And I'm like, oh, wait, that guy started it. Oh, but he was friends with this person, and they partnered previously. I bet he had access to That's probably how. So, like, I, like, under so I just, like, reverse engineer things. Yeah. I like that. And then you call people, which most people don't do. You get up found you start calling people work at the company and you get that extra ten percent that you needed to get Right. Well, that's of helps because

And when I'm reverse engineering things, I'll, like, read about the company. Right. Well, I'll see who started it. And I'm like, oh, wait, that guy started it. Oh, but he was friends with this person, and they partnered previously. I bet he had access to That's probably how. So, like, I, like, under so I just, like, reverse engineer things. Yeah. I like that. And then you call people, which most people don't do. You get up found you start calling people work at the company and you get that extra ten percent that you needed to get Right. Well, that's of helps because

28:31

I've made friends with someone who started his thing. So now if I wanna meet him, I I have it in. Right.

I've made friends with someone who started his thing. So now if I wanna meet him, I I have it in. Right.

28:36

So, okay. So I have another example of what you just said. Was gonna save this guy for next week, but we're gonna do a double billionaire of the week. So we're doing a double billy special. Get get your get your billies right now. Richard Burton. Okay. So have you heard of this guy, Richard Burton? Is it Burton Snowwards?

So, okay. So I have another example of what you just said. Was gonna save this guy for next week, but we're gonna do a double billionaire of the week. So we're doing a double billy special. Get get your get your billies right now. Richard Burton. Okay. So have you heard of this guy, Richard Burton? Is it Burton Snowwards?

28:52

No. So this guy started a couple of different companies. So just if you just Google, Richard Burton? I did earlier, and nothing came up.

No. So this guy started a couple of different companies. So just if you just Google, Richard Burton? I did earlier, and nothing came up.

29:00

Oh, did I am I saying his name wrong? I think you got it wrong because I did No. No. No. Okay. He Barton. Sorry.

Oh, did I am I saying his name wrong? I think you got it wrong because I did No. No. No. Okay. He Barton. Sorry.

29:06

Barton, not Burton. Okay. So Richard Barton, so this guy started Zillow. He also started one of your favorite sites, Glassdoor.

Barton, not Burton. Okay. So Richard Barton, so this guy started Zillow. He also started one of your favorite sites, Glassdoor.

29:13

He also started. He has three. So he has Zillow.

He also started. He has three. So he has Zillow.

29:17

He has glassdoor.

He has glassdoor.

29:19

And which what's his other one?

And which what's his other one?

29:21

I was gonna research this for next week. So we're just gonna do this live here. And he did Expedia.

I was gonna research this for next week. So we're just gonna do this live here. And he did Expedia.

29:27

He did Expedia.

He did Expedia.

29:28

Board of Directors on Netflix.

Board of Directors on Netflix.

29:30

Expedia,

Expedia,

29:32

Zillow, and Glassdoor.

Zillow, and Glassdoor.

29:33

What a fucking baller. Of course. Expedia?

What a fucking baller. Of course. Expedia?

29:38

Yeah. So, okay. So how how did this happen? So I've listened to this interview with this guy, like, five years ago

Yeah. So, okay. So how how did this happen? So I've listened to this interview with this guy, like, five years ago

29:44

before this podcast even started. Before this podcast was even a little you know, sperm and my balls.

before this podcast even started. Before this podcast was even a little you know, sperm and my balls.

29:49

And when I when I

And when I when I

29:51

looked at this guy, the one thing that stood out to me was he had a very simple thesis that he used to start all these companies, which was information wants to be free. So, okay, what does information wants to be free mean? So he was basically like, I'm gonna bring transparency

looked at this guy, the one thing that stood out to me was he had a very simple thesis that he used to start all these companies, which was information wants to be free. So, okay, what does information wants to be free mean? So he was basically like, I'm gonna bring transparency

30:04

to industries that are that are not transparent.

to industries that are that are not transparent.

30:07

And so he's, you know, let's take Zillow, for example. Before Zillow and the sort of online house, you know, how search companies existed like Truulia and all this redfin and stuff like that.

And so he's, you know, let's take Zillow, for example. Before Zillow and the sort of online house, you know, how search companies existed like Truulia and all this redfin and stuff like that.

30:16

The MLS listings were something that only the agents and brokers had access to. And so this is they were gatekeepers. They were like, oh, you wanna know what's on the market? Let me literally print out the MLS papers

The MLS listings were something that only the agents and brokers had access to. And so this is they were gatekeepers. They were like, oh, you wanna know what's on the market? Let me literally print out the MLS papers

30:28

And, I'll show you, show you these, and I'll I'll tour you through these companies. That's a great line, dude. Information that one information once you got a Information wants to be free. And so, so they needed the same thing in travel. Right? We had travel agents who were the brokers, who you had to call and be like, hey, I'd like to get a flight. I don't wanna pay too much and that you just trust that hopefully this agent is gonna do gonna do their job. They're gonna know all the different options, different times, different airports, and they're gonna find me something that fits my needs. And Expedia was just a search bar that would just tell you, here's all the flights. You decide. The here's the information. You don't need to go to a travel agent anymore.

And, I'll show you, show you these, and I'll I'll tour you through these companies. That's a great line, dude. Information that one information once you got a Information wants to be free. And so, so they needed the same thing in travel. Right? We had travel agents who were the brokers, who you had to call and be like, hey, I'd like to get a flight. I don't wanna pay too much and that you just trust that hopefully this agent is gonna do gonna do their job. They're gonna know all the different options, different times, different airports, and they're gonna find me something that fits my needs. And Expedia was just a search bar that would just tell you, here's all the flights. You decide. The here's the information. You don't need to go to a travel agent anymore.

31:04

And, glassdoor is the same thing. You wanted to know what's it really like to work there. And employers have no desire to put that out there. They don't want anybody to know any of the bad things that happen you know, the working environment of the company.

And, glassdoor is the same thing. You wanted to know what's it really like to work there. And employers have no desire to put that out there. They don't want anybody to know any of the bad things that happen you know, the working environment of the company.

31:16

And employees were often scared to do it because they would sign things that would be, like, you know, non disclosure,

And employees were often scared to do it because they would sign things that would be, like, you know, non disclosure,

31:22

whatever non slander. I forgot what the term for it is, non disparagement.

whatever non slander. I forgot what the term for it is, non disparagement.

31:26

And, so Glassdoor was unleashing the information about what's it like to work at X company. And so I love how this guy, literally on one thesis,

And, so Glassdoor was unleashing the information about what's it like to work at X company. And so I love how this guy, literally on one thesis,

31:34

has started three multi billion dollar companies,

has started three multi billion dollar companies,

31:38

off that one premise. So that was when I when I did what you were talking about, I reverse engineered. How did this guy do it? It wasn't, oh, how did he build Expedia? How did he build Zillow? It was, how did he even get this idea? Oh, okay. What other industries today lack transparency where I can open them up? What are they?

off that one premise. So that was when I when I did what you were talking about, I reverse engineered. How did this guy do it? It wasn't, oh, how did he build Expedia? How did he build Zillow? It was, how did he even get this idea? Oh, okay. What other industries today lack transparency where I can open them up? What are they?

31:53

Oh, dude. Well, if now that's a billion dollar idea I need to to have. So I

Oh, dude. Well, if now that's a billion dollar idea I need to to have. So I

31:58

let's think of some. One of them is, pricing for enterprise

let's think of some. One of them is, pricing for enterprise

32:02

software.

software.

32:03

Right. What they do is they find out how much money your company makes and then they go, okay, we're gonna charge you this. Right.

Right. What they do is they find out how much money your company makes and then they go, okay, we're gonna charge you this. Right.

32:10

Like that. I like a lot. Like, I hate the call for pricing,

Like that. I like a lot. Like, I hate the call for pricing,

32:15

model. I mean, I I hate it, but it works. We do it.

model. I mean, I I hate it, but it works. We do it.

32:19

So AngelList did this, in in a way as well when, you were able to figure out,

So AngelList did this, in in a way as well when, you were able to figure out,

32:25

who's invested in what? That used to be, like, sort of, not easy to find information. It wasn't sort of, like, totally guarded.

who's invested in what? That used to be, like, sort of, not easy to find information. It wasn't sort of, like, totally guarded.

32:32

But I Punch as well. I'm literally just looking at the tabs that I have open. Right? Like, yay. You'll put something like that too. You know, how is it what it's like to eat there? The review system.

But I Punch as well. I'm literally just looking at the tabs that I have open. Right? Like, yay. You'll put something like that too. You know, how is it what it's like to eat there? The review system.

32:42

It it,

It it,

32:43

or recognized and made public information that people wanted that was not super transparent before this.

or recognized and made public information that people wanted that was not super transparent before this.

32:51

Yeah. I mean, housing, he did that. There's a lot. There's there's so many good ones.

Yeah. I mean, housing, he did that. There's a lot. There's there's so many good ones.

32:56

Salaries. You did that with glassdoor.

Salaries. You did that with glassdoor.

32:58

There's a lot. Do salaries?

There's a lot. Do salaries?

33:00

Yeah. So there's there's one that I use that's in the tech world called levels. I think we talked about it once before, but they do it where with just the, like, kind of tech companies, Like, what what do people at tech companies make? And a lot of people have been doing this on,

Yeah. So there's there's one that I use that's in the tech world called levels. I think we talked about it once before, but they do it where with just the, like, kind of tech companies, Like, what what do people at tech companies make? And a lot of people have been doing this on,

33:14

inside companies. So inside Microsoft, for example, that created an anonymous Google doc where you could just put your level, your job category, like engineer, designer, product person, whatever, and, your salary and your pay. And then you

inside companies. So inside Microsoft, for example, that created an anonymous Google doc where you could just put your level, your job category, like engineer, designer, product person, whatever, and, your salary and your pay. And then you

33:27

can figure out am I underpaid, but the that this was even in, like, more specific. It was, like, in a company,

can figure out am I underpaid, but the that this was even in, like, more specific. It was, like, in a company,

33:34

these are people now, like, and it's not just glassdoor. It's like just a few who,

these are people now, like, and it's not just glassdoor. It's like just a few who,

33:38

kind of go and post this stuff, but,

kind of go and post this stuff, but,

33:42

get, like, these these companies are having all these, like, really rich documents with thousands of people contributing. And and right now, those are just Excel docs. I wonder if you could take the just a salary component of maybe what's in glassdoor

get, like, these these companies are having all these, like, really rich documents with thousands of people contributing. And and right now, those are just Excel docs. I wonder if you could take the just a salary component of maybe what's in glassdoor

33:54

and do it in a better way inside company. So people make sure they're not getting the short end to stick within their own company right now.

and do it in a better way inside company. So people make sure they're not getting the short end to stick within their own company right now.

34:01

That's interesting.

That's interesting.

34:03

Another one is freelancers.

Another one is freelancers.

34:08

So, like, which is what? Freelancers

So, like, which is what? Freelancers

34:10

and agencies.

and agencies.

34:11

So the problem

So the problem

34:12

with a lot of this stuff is

with a lot of this stuff is

34:15

when we're trying to hire some agencies

when we're trying to hire some agencies

34:18

to WordPress development,

to WordPress development,

34:20

I have to back channel and go find out from people who worked with them what they were like. Both, like, once I sign up to and agree with them. I can't I won't find out unless I'm on a weekend if they suck or not. Right.

I have to back channel and go find out from people who worked with them what they were like. Both, like, once I sign up to and agree with them. I can't I won't find out unless I'm on a weekend if they suck or not. Right.

34:33

And it's like, oh my god. I can't believe that. I can't believe I mean, and that's the same thing with, like, payroll software too. Like, Gusto looks good, but when you sign up to it, you don't realize, like, what you like and what you don't think about it. So we have a couple of friends who are doing things that are trying to,

And it's like, oh my god. I can't believe that. I can't believe I mean, and that's the same thing with, like, payroll software too. Like, Gusto looks good, but when you sign up to it, you don't realize, like, what you like and what you don't think about it. So we have a couple of friends who are doing things that are trying to,

34:48

put out, you know, they're trying to make information become free of what software do companies use said, like, a lot of people would wanna know what does the hustle use? What do you guys use to send email? What do you guys use for analytics? What do you guys use for your pay paywall? What do you use for trends?

put out, you know, they're trying to make information become free of what software do companies use said, like, a lot of people would wanna know what does the hustle use? What do you guys use to send email? What do you guys use for analytics? What do you guys use for your pay paywall? What do you use for trends?

35:01

And, like I know Ryan at product hunt, they're doing this with something called stacks or your stacks. And, they wanna know what's your software stack that your company runs on. And it's an interesting idea. Like, he's designing it kinda like a social network, but the value in the end, if you did, if you get there, is, oh, cool. I can now go see, okay, if I'm building an Airbnb type of company, what do they use to run their company? What do they use?

And, like I know Ryan at product hunt, they're doing this with something called stacks or your stacks. And, they wanna know what's your software stack that your company runs on. And it's an interesting idea. Like, he's designing it kinda like a social network, but the value in the end, if you did, if you get there, is, oh, cool. I can now go see, okay, if I'm building an Airbnb type of company, what do they use to run their company? What do they use?

35:23

Do you think that that is not working?

Do you think that that is not working?

35:26

Well, it's really tough to build. Right? It is one of those things where really valuable if you get there, really tough to get the information in because you have to get the incentives right.

Well, it's really tough to build. Right? It is one of those things where really valuable if you get there, really tough to get the information in because you have to get the incentives right.

35:34

Later on, you have the incentive to come to this site because you wanna see what other people use.

Later on, you have the incentive to come to this site because you wanna see what other people use.

35:39

But what's the incentive to post? And so he's trying to make it fun and interesting and cool to post?

But what's the incentive to post? And so he's trying to make it fun and interesting and cool to post?

35:44

By making it, like, very visual, like, sort of a You get it doing that. A profile for your company. Right? Like,

By making it, like, very visual, like, sort of a You get it doing that. A profile for your company. Right? Like,

35:50

like, yeah, we use this stuff. And, so I don't know the numbers on how it's doing, but I do think it's an interesting experiment.

like, yeah, we use this stuff. And, so I don't know the numbers on how it's doing, but I do think it's an interesting experiment.

35:55

And I think if they did it, it would be the most valuable thing that Product Hunt has built because

And I think if they did it, it would be the most valuable thing that Product Hunt has built because

36:00

it's,

it's,

36:01

It's just inherently surely.

It's just inherently surely.

36:03

There's a great business model on top of that if you can show what software people use. That's cool. I agree.

There's a great business model on top of that if you can show what software people use. That's cool. I agree.

36:11

That's interesting.

That's interesting.

36:13

I love this idea of information needs or information wants to be free. Yeah. And I let's think more about that. So I think we'll come back with an example of information today that is either

I love this idea of information needs or information wants to be free. Yeah. And I let's think more about that. So I think we'll come back with an example of information today that is either

36:23

behind a walled garden or it's incomplete.

behind a walled garden or it's incomplete.

36:26

And, if you set it free, it would make people make better choices or or save the money or whatever it is. Like, maybe it's something of insurance space. Maybe it's I don't I don't know exactly what, but I'm gonna think about this because I think This is a formula for building really big companies.

And, if you set it free, it would make people make better choices or or save the money or whatever it is. Like, maybe it's something of insurance space. Maybe it's I don't I don't know exactly what, but I'm gonna think about this because I think This is a formula for building really big companies.

36:40

Yeah. For me, it's how much

Yeah. For me, it's how much

36:42

things

things

36:43

cost, like, like, freelancers and and lawyers and things like that. That's that's always bothered me. I I don't like, I, like, my lawyer could be like, yeah, we charge seven hundred dollars an hour. And when I was first getting going, I was have no idea. Is that normal? Right. And on the other side, it's also how much companies make. Right? Like, you love it when you hear that a company's public or it's a nonprofit because you're like, yes. I'm gonna get to their financials. Because they have to report. You know, we definitely did book

cost, like, like, freelancers and and lawyers and things like that. That's that's always bothered me. I I don't like, I, like, my lawyer could be like, yeah, we charge seven hundred dollars an hour. And when I was first getting going, I was have no idea. Is that normal? Right. And on the other side, it's also how much companies make. Right? Like, you love it when you hear that a company's public or it's a nonprofit because you're like, yes. I'm gonna get to their financials. Because they have to report. You know, we definitely did book

37:08

full private companies.

full private companies.

37:09

Yeah. Well, and they do it in a really interesting way. And they're owned by a publicly traded company. They do about one hundred and twenty million dollars a year in revenue. What they do is, like, twenty five grand for a pitch book subscription, right? Really expensive. They do about a hundred and twenty. They're owned by, is it called morning star?

Yeah. Well, and they do it in a really interesting way. And they're owned by a publicly traded company. They do about one hundred and twenty million dollars a year in revenue. What they do is, like, twenty five grand for a pitch book subscription, right? Really expensive. They do about a hundred and twenty. They're owned by, is it called morning star?

37:24

Or it's a company bright star? I think it is morning star or morning star is like the mutual fund thing. It's, yeah, it's owned by one of those things. And I I just read their their earnings thing. Morning star. It is morning star. And they are the mutual fund thing too. And they,

Or it's a company bright star? I think it is morning star or morning star is like the mutual fund thing. It's, yeah, it's owned by one of those things. And I I just read their their earnings thing. Morning star. It is morning star. And they are the mutual fund thing too. And they,

37:39

What they do is they do a bunch of different things. The first thing that they do is they crawl the web and they find SCC documents and they find like all type they just crawl and find data and they have a team of, like, three hundred people who just hit the phones all day and call people and get the information.

What they do is they do a bunch of different things. The first thing that they do is they crawl the web and they find SCC documents and they find like all type they just crawl and find data and they have a team of, like, three hundred people who just hit the phones all day and call people and get the information.

37:55

Alright.

Alright.

37:56

And then the other one that's, like that is you know, even for podcasts, when we look at the top charts and we're like, alright, how do we become the number one business podcast? We don't know how much we don't know how many downloads they get. Right? There's this idea of how much something how much is being earned, how much is something making, and how much does something cost? I think that just generally would apply to a whole bunch of different spaces that you could you can use for Yeah. That's why I use a similar web because they show me how much, like, traffic.

And then the other one that's, like that is you know, even for podcasts, when we look at the top charts and we're like, alright, how do we become the number one business podcast? We don't know how much we don't know how many downloads they get. Right? There's this idea of how much something how much is being earned, how much is something making, and how much does something cost? I think that just generally would apply to a whole bunch of different spaces that you could you can use for Yeah. That's why I use a similar web because they show me how much, like, traffic.

38:22

One of the dope ones of this, do you use second measure?

One of the dope ones of this, do you use second measure?

38:25

Yeah. They're great. They're great. I think they're a little bit extension. I don't know what they are.

Yeah. They're great. They're great. I think they're a little bit extension. I don't know what they are.

38:29

Yeah, if you don't know what they are, so second measure takes credit card spending data

Yeah, if you don't know what they are, so second measure takes credit card spending data

38:33

and,

and,

38:34

can tell you essentially, like, how much money something is making just by analyzing how many people are charging Spotify per month, and then they're like, okay. Cool. Right? Imagine Spotify was not a public company. You'd be able to see here's how much revenue that they're making or they do this with, like, the delivery companies, which delivery company is winning? Well, they can just check this huge data set of credit card spending and say, okay, it looks like Grubhub's in the lead. And then second is DoorDash or whatever. And so second measure is super powerful using a source of truth, which just credit card data. I don't know how they get out of it. Whenever we talk about this stuff, all I wanna do is, like, end the podcast and make my days

can tell you essentially, like, how much money something is making just by analyzing how many people are charging Spotify per month, and then they're like, okay. Cool. Right? Imagine Spotify was not a public company. You'd be able to see here's how much revenue that they're making or they do this with, like, the delivery companies, which delivery company is winning? Well, they can just check this huge data set of credit card spending and say, okay, it looks like Grubhub's in the lead. And then second is DoorDash or whatever. And so second measure is super powerful using a source of truth, which just credit card data. I don't know how they get out of it. Whenever we talk about this stuff, all I wanna do is, like, end the podcast and make my days

39:06

fifty hours long and just start off everything.

fifty hours long and just start off everything.

39:10

This whole this whole data

This whole this whole data

39:13

or make information or find information wants to be free. That whole concept, that's amazing. That's the test. I want people to listen to this podcast and be

or make information or find information wants to be free. That whole concept, that's amazing. That's the test. I want people to listen to this podcast and be

39:21

so

so

39:21

excited. And then I want you to feel anxious.

excited. And then I want you to feel anxious.

39:24

I want you to feel stressed that you don't have fifty hours in your day to go do this. And, that's that's how this should feel. I've heard a bunch of people say, like, yeah, I have to keep pausing the podcast

I want you to feel stressed that you don't have fifty hours in your day to go do this. And, that's that's how this should feel. I've heard a bunch of people say, like, yeah, I have to keep pausing the podcast

39:34

to, like, a, write shit down, b, take a breath, c, think of think about what's going on, and then I resume it. And, yeah, that's what we want. It's that that high value.

to, like, a, write shit down, b, take a breath, c, think of think about what's going on, and then I resume it. And, yeah, that's what we want. It's that that high value.

39:43

You wanna think about one more thing?

You wanna think about one more thing?

39:45

Yeah. Which one? You see, you you look at the list. Tell me which one you wanna do.

Yeah. Which one? You see, you you look at the list. Tell me which one you wanna do.

39:49

What happened when you lost five million dollars?

What happened when you lost five million dollars?

39:53

Alright. I didn't exactly lose five million dollars,

Alright. I didn't exactly lose five million dollars,

39:56

but I

but I

39:57

did not make the five million dollars that I could have made. Alright. So this is called Sean's shitty investments. This is a new segment that we created just now.

did not make the five million dollars that I could have made. Alright. So this is called Sean's shitty investments. This is a new segment that we created just now.

40:05

And I'll tell you about two, bad investments and one good investment I made. So,

And I'll tell you about two, bad investments and one good investment I made. So,

40:09

I was talking to a friend of mine, a guy who had been I'd been advising this guy about his startup. This is maybe four or five years ago. I've been advising him. He didn't live in America.

I was talking to a friend of mine, a guy who had been I'd been advising this guy about his startup. This is maybe four or five years ago. I've been advising him. He didn't live in America.

40:20

He was building a product for international,

He was building a product for international,

40:22

his product was around international students applying to US universities,

his product was around international students applying to US universities,

40:28

and, making it easy. If you don't know, if you live overseas, like, I I finished high school in China, so I saw this firsthand, If you're in China, you're in India, you're in Malaysia,

and, making it easy. If you don't know, if you live overseas, like, I I finished high school in China, so I saw this firsthand, If you're in China, you're in India, you're in Malaysia,

40:36

the goal, like, your life goal is to go to a US university. It doesn't even matter if it's a good one, but it is to go to a US university.

the goal, like, your life goal is to go to a US university. It doesn't even matter if it's a good one, but it is to go to a US university.

40:43

US universities

US universities

40:44

overcharge for for that.

overcharge for for that.

40:46

And, And they get jumped off of that too sometimes. Yeah. Actually, right now, there's a bunch of stuff in the news because they charge three times more for international. If it's just the state is in trouble because they have like

And, And they get jumped off of that too sometimes. Yeah. Actually, right now, there's a bunch of stuff in the news because they charge three times more for international. If it's just the state is in trouble because they have like

40:56

sixty percent Chinese,

sixty percent Chinese,

40:59

nationals there and they're like, Right. At the fuck, you guys are charging sixty grand for these kids. Exactly. So,

nationals there and they're like, Right. At the fuck, you guys are charging sixty grand for these kids. Exactly. So,

41:06

so anyways, I was helping this guy, great founder, really liked the company. He was really interested. But I was at a point at that time financially where I was like, okay, if I'm investing in startups, it's a pretty irresponsible investment because, you know, when you invest in startups, high likelihood of failure. So you need to place, like, twenty five thirty bets. And so if you say, okay, I'm gonna place, you know, twenty five thirty bets and each bet's gonna be twenty five grand, like, I'm basically I need to have five five hundred thousand. I need to have seven hundred fifty thousand dollars,

so anyways, I was helping this guy, great founder, really liked the company. He was really interested. But I was at a point at that time financially where I was like, okay, if I'm investing in startups, it's a pretty irresponsible investment because, you know, when you invest in startups, high likelihood of failure. So you need to place, like, twenty five thirty bets. And so if you say, okay, I'm gonna place, you know, twenty five thirty bets and each bet's gonna be twenty five grand, like, I'm basically I need to have five five hundred thousand. I need to have seven hundred fifty thousand dollars,

41:33

that I'm gonna put into this, which means that can't be like your whole net worth, which is like my this would that would have been seventy seven seven hundred fifty grand at that time would have been more than my whole net worth. And so I knew I didn't have the the sort of bankroll to do it. But that was an excuse. I could've found a way. I could've wrote the check anyways.

that I'm gonna put into this, which means that can't be like your whole net worth, which is like my this would that would have been seventy seven seven hundred fifty grand at that time would have been more than my whole net worth. And so I knew I didn't have the the sort of bankroll to do it. But that was an excuse. I could've found a way. I could've wrote the check anyways.

41:52

I could've banked on myself making more in the future like I did, and Bottom line is I didn't. So I would have been the first check into this guy's company and my sort of twenty five thousand dollar check, which I was very, very close to writing, would have become five, five million dollars stake in this guy's business by now. Wait. How when when what's the name of the company?

I could've banked on myself making more in the future like I did, and Bottom line is I didn't. So I would have been the first check into this guy's company and my sort of twenty five thousand dollar check, which I was very, very close to writing, would have become five, five million dollars stake in this guy's business by now. Wait. How when when what's the name of the company?

42:10

I don't know if I should say the name. And how big is it now? I'll I'll just tell you the name. We'll bleep it out. So then it's called

I don't know if I should say the name. And how big is it now? I'll I'll just tell you the name. We'll bleep it out. So then it's called

42:17

and,

and,

42:18

so he he told me, that they just crossed, you know, billion dollar valuation.

so he he told me, that they just crossed, you know, billion dollar valuation.

42:23

And,

And,

42:24

and so I don't know if they're exactly at that. I don't know if they're a little over, a little under,

and so I don't know if they're exactly at that. I don't know if they're a little over, a little under,

42:27

but the point is they're they're doing well.

but the point is they're they're doing well.

42:30

And,

And,

42:31

And so, yeah, I was thinking myself because that would have been a a big investment. This has happened to me this has happened to me now two different times where I could have could have been one of the angel checks into a business. I thought it was a good business. I didn't pull the trigger, and, those two would have combined to be worth, you know, a ten million dollars by now? What was getting the one calm? Yeah.

And so, yeah, I was thinking myself because that would have been a a big investment. This has happened to me this has happened to me now two different times where I could have could have been one of the angel checks into a business. I thought it was a good business. I didn't pull the trigger, and, those two would have combined to be worth, you know, a ten million dollars by now? What was getting the one calm? Yeah.

42:52

So this company, this,

So this company, this,

42:54

studying

studying

42:55

abroad company, their,

abroad company, their,

42:57

they make a lot of revenue? Or is it just Yeah. Revenue.

they make a lot of revenue? Or is it just Yeah. Revenue.

43:00

And even then, like, this was they were pre revenue at the time, but I was doing the math. And I was like, wait, like, they had a LOI

And even then, like, this was they were pre revenue at the time, but I was doing the math. And I was like, wait, like, they had a LOI

43:06

signed by a bunch of universities.

signed by a bunch of universities.

43:08

And I was like, wait. So if they just match this client demand, like, this thing's gonna make money. Didn't have enough conviction. And is it just a lead gen site?

And I was like, wait. So if they just match this client demand, like, this thing's gonna make money. Didn't have enough conviction. And is it just a lead gen site?

43:16

No. No. No. It's a full software tool that let the actually does the application for the student.

No. No. No. It's a full software tool that let the actually does the application for the student.

43:21

Blah blah blah. The universe just saves money. Oh, so it's a SaaS company.

Blah blah blah. The universe just saves money. Oh, so it's a SaaS company.

43:25

It's a free SaaS tool for the user, and then it a lead gen on the other side where when a kid gets accepted, they get paid that way.

It's a free SaaS tool for the user, and then it a lead gen on the other side where when a kid gets accepted, they get paid that way.

43:32

Got it. And they they charge the university's money? Yeah. Like thousands of dollars per student.

Got it. And they they charge the university's money? Yeah. Like thousands of dollars per student.

43:39

Got it. So, okay. So they don't charge them money for the software?

Got it. So, okay. So they don't charge them money for the software?

43:43

No. This this offer is used by the the actual student, the end customer.

No. This this offer is used by the the actual student, the end customer.

43:47

So anyways, it was a it's a great business. Big miss on my part. Happy for the guy though. He's an awesome guy. And I really be,

So anyways, it was a it's a great business. Big miss on my part. Happy for the guy though. He's an awesome guy. And I really be,

43:54

I like this guy's energy a lot. I I you kind of sometimes you meet people who got who just have good energy. I don't know how I'll describe it, but he was one of those people. So And you lost on MGMM.

I like this guy's energy a lot. I I you kind of sometimes you meet people who got who just have good energy. I don't know how I'll describe it, but he was one of those people. So And you lost on MGMM.

44:03

So no, not again. So, basically, I haven't talked about this on the podcast, but I,

So no, not again. So, basically, I haven't talked about this on the podcast, but I,

44:07

during COVID, I decided to to mess around with option trading which, you know, famous last words.

during COVID, I decided to to mess around with option trading which, you know, famous last words.

44:15

And, so I was literally this is how dumb I am. Right? So, so I don't play in the finance the public markets that much. I just do very simple things. I just buy companies, I think, are good for the next ten years or buy index funds.

And, so I was literally this is how dumb I am. Right? So, so I don't play in the finance the public markets that much. I just do very simple things. I just buy companies, I think, are good for the next ten years or buy index funds.

44:26

I don't do a whole I don't do, like, day trading. I don't do, you know, leverage buying or leverage I don't do shorts.

I don't do a whole I don't do, like, day trading. I don't do, you know, leverage buying or leverage I don't do shorts.

44:32

But I was like, you know what? I don't see any way that MGM,

But I was like, you know what? I don't see any way that MGM,

44:36

which is MGM Resorts. I was like, I don't see any way that their business doesn't go down with this COVID thing. And, so I was thinking about it, and it it went it got cut by, like, seventy five percent. So the stock price dropped from, I don't know, it was, like, twenty five It dropped from thirty down to, like, twelve.

which is MGM Resorts. I was like, I don't see any way that their business doesn't go down with this COVID thing. And, so I was thinking about it, and it it went it got cut by, like, seventy five percent. So the stock price dropped from, I don't know, it was, like, twenty five It dropped from thirty down to, like, twelve.

44:53

And,

And,

44:54

and I was like, yeah, I still think that this thing's gonna go down. And so I'm literally on one tab. I have, like, a Khan Academy video of, like, of what the hell is a put. And on the other hand, I've got my Robinhood accounts, and I'm, like, just pushing buttons.

and I was like, yeah, I still think that this thing's gonna go down. And so I'm literally on one tab. I have, like, a Khan Academy video of, like, of what the hell is a put. And on the other hand, I've got my Robinhood accounts, and I'm, like, just pushing buttons.

45:07

And, so I pushed a bunch of buttons and I placed this trade, which basically said, okay, I think MGMM is gonna go down. And, you know, about two thousand dollars worth of options, and, like, let's see what happens. And it turns out MGM did go down, but I needed it to once I understood my own trade, which was, like, after I placed it, because I was, again, just pushing buttons.

And, so I pushed a bunch of buttons and I placed this trade, which basically said, okay, I think MGMM is gonna go down. And, you know, about two thousand dollars worth of options, and, like, let's see what happens. And it turns out MGM did go down, but I needed it to once I understood my own trade, which was, like, after I placed it, because I was, again, just pushing buttons.

45:25

When I was looking at the, like, confirmation, I was like, oh, shit. This is a horrible trade. Like, I I just basically said that this is gonna go down forty percent. In the next seven days. I was like,

When I was looking at the, like, confirmation, I was like, oh, shit. This is a horrible trade. Like, I I just basically said that this is gonna go down forty percent. In the next seven days. I was like,

45:35

what is So how many did you lose? It's too grand. I I lost it. So I was like, what? What a stupid bet? So that's my bad the two bad investments that I wanna share. On the other on the other side, I bet really big into Bitcoin when it dropped to, like, forty five hundred recently.

what is So how many did you lose? It's too grand. I I lost it. So I was like, what? What a stupid bet? So that's my bad the two bad investments that I wanna share. On the other on the other side, I bet really big into Bitcoin when it dropped to, like, forty five hundred recently.

45:49

And, now it's back up. So that one made back the money,

And, now it's back up. So that one made back the money,

45:53

from for the my shitty option trading in space. I I completely stay away from stocks. I only buy S and P five hundred or Facebook stock. And about two weeks ago when it was at the bottom, I was like, Facebook. I was like, well, no. When the whole market was real low, like, the lowest point, maybe ten or two weeks ago, I sold most everything. And I was like, as, like, I think it's just gonna get worse and worse and worse because unemployment

from for the my shitty option trading in space. I I completely stay away from stocks. I only buy S and P five hundred or Facebook stock. And about two weeks ago when it was at the bottom, I was like, Facebook. I was like, well, no. When the whole market was real low, like, the lowest point, maybe ten or two weeks ago, I sold most everything. And I was like, as, like, I think it's just gonna get worse and worse and worse because unemployment

46:16

and unemployment comes out and it's the highest it's ever been and or the unemployment,

and unemployment comes out and it's the highest it's ever been and or the unemployment,

46:22

work claims. And then the stock market goes up twenty percent. I, like, I just don't understand how this I don't I don't understand how this works at all. Because Right. And then I applied for the loan for for the Trump enacted.

work claims. And then the stock market goes up twenty percent. I, like, I just don't understand how this I don't I don't understand how this works at all. Because Right. And then I applied for the loan for for the Trump enacted.

46:35

And I'm like, so you're telling me we get free money. That sounds great. But you when you start thinking about it, you're like, I'm gonna pay for this eventually. Like somehow, I'm there's no such thing as free or we're gonna pay for it eventually. And so this money It's just this whole situation. It doesn't make sense to me because

And I'm like, so you're telling me we get free money. That sounds great. But you when you start thinking about it, you're like, I'm gonna pay for this eventually. Like somehow, I'm there's no such thing as free or we're gonna pay for it eventually. And so this money It's just this whole situation. It doesn't make sense to me because

46:50

the stock market should be going down. Yes. And it it will. This is

the stock market should be going down. Yes. And it it will. This is

46:54

this is a sort of a dead cat bounce or like sort of a false rally, but forgetting forgetting the market right now because I don't know shit about it and who also who cares. Not that interesting. It's a speculators game.

this is a sort of a dead cat bounce or like sort of a false rally, but forgetting forgetting the market right now because I don't know shit about it and who also who cares. Not that interesting. It's a speculators game.

47:05

The there's a a phrase I learned that I thought was pretty cool. It's called a Kingsian Beauty contest. Do you know what a Kingsian beauty contest is? Okay. So have you ever heard of the sort of economist,

The there's a a phrase I learned that I thought was pretty cool. It's called a Kingsian Beauty contest. Do you know what a Kingsian beauty contest is? Okay. So have you ever heard of the sort of economist,

47:15

I forgot his full names, like, manor, John, manor, canes or whatever?

I forgot his full names, like, manor, John, manor, canes or whatever?

47:19

Anyways,

Anyways,

47:20

famous guy in the the world of economics, Kansasine Economics.

famous guy in the the world of economics, Kansasine Economics.

47:23

And a Kansas beauty beauty contest describes

And a Kansas beauty beauty contest describes

47:25

this, phenomenon where

this, phenomenon where

47:28

Let's say there's a note what you think the stock market should be is here's the asset, here's a company. You could buy some of their stock, and you buy it if you think that the companies are gonna become more valuable than its priced at today. That's what we think should be happening.

Let's say there's a note what you think the stock market should be is here's the asset, here's a company. You could buy some of their stock, and you buy it if you think that the companies are gonna become more valuable than its priced at today. That's what we think should be happening.

47:41

But what's actually happening is this is a speculator

But what's actually happening is this is a speculator

47:43

market, right, it's a speculation driven market. And so you don't in in a short time horizon,

market, right, it's a speculation driven market. And so you don't in in a short time horizon,

47:49

you don't you're not betting that the company is going to,

you don't you're not betting that the company is going to,

47:53

improve and actually generate more revenue and whatnot. You're just betting that other people are gonna think this is more attractive. But they're also betting that other people are gonna think it's more attractive. So it's a keynesian beauty contest is where you're not actually judging the beauty of it you are thinking what the other

improve and actually generate more revenue and whatnot. You're just betting that other people are gonna think this is more attractive. But they're also betting that other people are gonna think it's more attractive. So it's a keynesian beauty contest is where you're not actually judging the beauty of it you are thinking what the other

48:07

judges

judges

48:08

would think about this thing, and they're thinking about what the other judges would think about this thing. And it becomes this sort of speculative loop and, that's my sort of Wikipedia page of the week. That's that's that's exactly

would think about this thing, and they're thinking about what the other judges would think about this thing. And it becomes this sort of speculative loop and, that's my sort of Wikipedia page of the week. That's that's that's exactly

48:19

how things are working. And it just annoys me so much. You have so much more control over your life when you actually run the business. Right. And there's also a great phrase, which is sort of in the short term, the stock market has a popularity contest.

how things are working. And it just annoys me so much. You have so much more control over your life when you actually run the business. Right. And there's also a great phrase, which is sort of in the short term, the stock market has a popularity contest.

48:31

And in the long term, it's a weighing machine. And, I think that really describes it well. Right? So, like, this is also for private companies as well. And when you're, when you're raising a series a in your hyped company, it's a popularity contest. And when people are like, how did this valuation? That doesn't make any sense. It's like, yeah, it makes sense if you if you understand that this is currently a popularity contest.

And in the long term, it's a weighing machine. And, I think that really describes it well. Right? So, like, this is also for private companies as well. And when you're, when you're raising a series a in your hyped company, it's a popularity contest. And when people are like, how did this valuation? That doesn't make any sense. It's like, yeah, it makes sense if you if you understand that this is currently a popularity contest.

48:49

But over the long haul, It does not remain a populated contest. It becomes a weighing machine. And if you're full of air and there's nothing there, like, your value will go down. And so for all those people who don't understand those valuations,

But over the long haul, It does not remain a populated contest. It becomes a weighing machine. And if you're full of air and there's nothing there, like, your value will go down. And so for all those people who don't understand those valuations,

49:01

That's why. It's frustrating.

That's why. It's frustrating.

49:03

I'm just so I don't I don't do anything in that world because it's just not I I don't know anything about it and I don't wanna know. Like, it makes me too angry.

I'm just so I don't I don't do anything in that world because it's just not I I don't know anything about it and I don't wanna know. Like, it makes me too angry.

49:11

Okay. Cool. Do you wanna squeeze anything else in, or you wanna we could wrap it? Tell people about the other podcast you guys are doing. Yeah. We just launched one with Moi's Ali, which you should go on it, Sean.

Okay. Cool. Do you wanna squeeze anything else in, or you wanna we could wrap it? Tell people about the other podcast you guys are doing. Yeah. We just launched one with Moi's Ali, which you should go on it, Sean.

49:22

I had a I went on it to help Moi's,

I had a I went on it to help Moi's,

49:25

interview better, but is called exit strategy. So Moi started this company called Native. And he started it me and Moi started our companies in the same office. And so I saw him start it from nothing. I saw him get the idea and start this thing. And he started this deodorant company called Native and twenty months after starting it. He sold it for a hundred million dollars in cash or maybe twenty eight month months.

interview better, but is called exit strategy. So Moi started this company called Native. And he started it me and Moi started our companies in the same office. And so I saw him start it from nothing. I saw him get the idea and start this thing. And he started this deodorant company called Native and twenty months after starting it. He sold it for a hundred million dollars in cash or maybe twenty eight month months.

49:43

And so he decided to launch a podcast because he is looking for a new project where he's interviewing other D2C founders, and so we've talked about scaling and selling their companies. It's called exit strategy. You Google the hustle, exit strategy, or just look it up in on the, Spotify podcast or you'll see it. Yeah. I started listening to it. I'm, like, five minutes in. But, so far, so good. We'll see how Oh, it is crazy. I told my feedback to him was,

And so he decided to launch a podcast because he is looking for a new project where he's interviewing other D2C founders, and so we've talked about scaling and selling their companies. It's called exit strategy. You Google the hustle, exit strategy, or just look it up in on the, Spotify podcast or you'll see it. Yeah. I started listening to it. I'm, like, five minutes in. But, so far, so good. We'll see how Oh, it is crazy. I told my feedback to him was,

50:08

for the next episodes,

for the next episodes,

50:10

be con lean into being crazy. Don't hold back. Yeah. That would be my advice as well, which is,

be con lean into being crazy. Don't hold back. Yeah. That would be my advice as well, which is,

50:15

don't I think when you're when you're a really interesting person and actually your opinions are more interesting than your questions in many ways.

don't I think when you're when you're a really interesting person and actually your opinions are more interesting than your questions in many ways.

50:23

You need to make it a a conversation, a debate more than a interview. Because I think what's gonna end up happening is that Moises is gonna end up being more interesting than most of his guests. And so what he should do to raise both people's levels is for him to just

You need to make it a a conversation, a debate more than a interview. Because I think what's gonna end up happening is that Moises is gonna end up being more interesting than most of his guests. And so what he should do to raise both people's levels is for him to just

50:38

act how he would normally act in a conversation with that person. Because anyone who rather than He, like, he says the craziest stuff ever. And And he's a great guy, but he's a loose cannon, and I love that about him. So I need him to remain

act how he would normally act in a conversation with that person. Because anyone who rather than He, like, he says the craziest stuff ever. And And he's a great guy, but he's a loose cannon, and I love that about him. So I need him to remain

50:51

as a loose cannon. Right. So check it out exit strategy,

as a loose cannon. Right. So check it out exit strategy,

50:54

we want the the podcast family to get bigger, stronger,

we want the the podcast family to get bigger, stronger,

50:58

better. Every badass entrepreneur

better. Every badass entrepreneur

51:00

who wants a podcast needs to go to the hustle and push a button and start their podcast with the hustle. But, like, it should be bad ass. Interesting entrepreneur is not,

who wants a podcast needs to go to the hustle and push a button and start their podcast with the hustle. But, like, it should be bad ass. Interesting entrepreneur is not,

51:09

you know, sort of Joe Schmuffin wants to start a podcast. Yeah. That would be But that should be the least interesting thing you've ever done in your career. Yeah. We want experts. We want experts who are charismatic, not charismatic people who hope to be experts.

you know, sort of Joe Schmuffin wants to start a podcast. Yeah. That would be But that should be the least interesting thing you've ever done in your career. Yeah. We want experts. We want experts who are charismatic, not charismatic people who hope to be experts.

51:24

Right. And also not experts who are not charismatic because nobody wants that either. Yeah. But

Right. And also not experts who are not charismatic because nobody wants that either. Yeah. But

51:29

Yeah.

Yeah.

51:30

So that that's out.

So that that's out.

51:33

And,

And,

51:35

yeah, and keep leaving reviews. I I read all the reviews. Everyone could because they say my mic sucks. I so I ordered a new one, but everything's back ordered, but I have a new mic coming.

yeah, and keep leaving reviews. I I read all the reviews. Everyone could because they say my mic sucks. I so I ordered a new one, but everything's back ordered, but I have a new mic coming.

51:45

Yeah. Amazon doesn't know essential,

Yeah. Amazon doesn't know essential,

51:47

the essentials

the essentials

51:48

Micro. Alright. Let's read one review. Let's do a a reviewer of the week. Let's give somebody a shout here. So I'm gonna scan these for one second.

Micro. Alright. Let's read one review. Let's do a a reviewer of the week. Let's give somebody a shout here. So I'm gonna scan these for one second.

51:58

Okay. So,

Okay. So,

51:59

three stars. Sam can learn how to talk into a mic, but both these guys are very knowledgeable and give investing a fresh young spin.

three stars. Sam can learn how to talk into a mic, but both these guys are very knowledgeable and give investing a fresh young spin.

52:06

I've been listening just since it was just Sean, spelled my name wrong, and loved it. But when Sam came on, it became different. Sam gets excited as voice pops into the mic. Yeah. But come on. That's the excitement.

I've been listening just since it was just Sean, spelled my name wrong, and loved it. But when Sam came on, it became different. Sam gets excited as voice pops into the mic. Yeah. But come on. That's the excitement.

52:18

Sam should listen to the podcast. Not gonna do it. Fucks to listen to yourself.

Sam should listen to the podcast. Not gonna do it. Fucks to listen to yourself.

52:23

You can tell Sean speak softer. Sean misspelled again. Tries to get Sam to quiet down, but it's not working. That's not true. I do not try to get him to,

You can tell Sean speak softer. Sean misspelled again. Tries to get Sam to quiet down, but it's not working. That's not true. I do not try to get him to,

52:32

to set it up. Okay. Let's let's look at another the low low review. I think these are more interesting than the high reviews. Although, I want the high reviews, but let's just do it. Well, we have, like, eight hundred reviews and almost all our five stars. The only that aren't five stars are the people who call unethical, which is bullshit. The people who say that,

to set it up. Okay. Let's let's look at another the low low review. I think these are more interesting than the high reviews. Although, I want the high reviews, but let's just do it. Well, we have, like, eight hundred reviews and almost all our five stars. The only that aren't five stars are the people who call unethical, which is bullshit. The people who say that,

52:48

my mic sucks, which is bullshit, the people who just calls bros also bullshit. Well, no. That's not bullshit. I am a bro means a man. Yeah. That's that's me.

my mic sucks, which is bullshit, the people who just calls bros also bullshit. Well, no. That's not bullshit. I am a bro means a man. Yeah. That's that's me.

52:57

Alright. CS value says, very smart guys would not recommend. Hello, the title for review. And

Alright. CS value says, very smart guys would not recommend. Hello, the title for review. And

53:04

so These guys are very smart, and you'll certainly learn the thing or two about making money by listening to this podcast.

so These guys are very smart, and you'll certainly learn the thing or two about making money by listening to this podcast.

53:10

That said, it's not worth the subtle recalibration of your moral compass. Don't know. That's a decision for each listener to decide. Okay. So then they say, these are not high integrity people. Here's their examples of why we're not high integrity.

That said, it's not worth the subtle recalibration of your moral compass. Don't know. That's a decision for each listener to decide. Okay. So then they say, these are not high integrity people. Here's their examples of why we're not high integrity.

53:21

We asked people to sub an UGG stub to game the podcast algorithm. Give me a break. Yeah. Big joke.

We asked people to sub an UGG stub to game the podcast algorithm. Give me a break. Yeah. Big joke.

53:28

Laughing about lying on a job application and getting caught. I didn't laugh because I thought it was good. I laughed because that's the way you deal with heartache.

Laughing about lying on a job application and getting caught. I didn't laugh because I thought it was good. I laughed because that's the way you deal with heartache.

53:35

Right. I laughed to cover the pain. Don't you understand? Yeah. Like, I said how I I I said how that was a horrible move and I got what I deserved.

Right. I laughed to cover the pain. Don't you understand? Yeah. Like, I said how I I I said how that was a horrible move and I got what I deserved.

53:43

Right.

Right.

53:44

Casually dismissing a host's criminal record, a host. We don't That was me. Yeah. No one dismissed my criminal record. They said it's stupid. I shouldn't have done it, and that's why I changed my lifestyle. Gotcha. These guys are definitely sharp guys. They're good at hustling hacking in screaming, but this is not content, I would recommend anyone putting to their brain. You know what?

Casually dismissing a host's criminal record, a host. We don't That was me. Yeah. No one dismissed my criminal record. They said it's stupid. I shouldn't have done it, and that's why I changed my lifestyle. Gotcha. These guys are definitely sharp guys. They're good at hustling hacking in screaming, but this is not content, I would recommend anyone putting to their brain. You know what?

54:02

Welcome. If that doesn't make people wanna listen to this more, I don't know what will.

Welcome. If that doesn't make people wanna listen to this more, I don't know what will.

54:07

That's

That's

54:07

there's our clip for Instagram.

there's our clip for Instagram.

54:11

And, like, are you looking around, like, are we still in the studio and we have our staff to, like, clip it?

And, like, are you looking around, like, are we still in the studio and we have our staff to, like, clip it?

54:16

It's just your wife behind you.

It's just your wife behind you.

54:20

Okay. Cool.

Okay. Cool.

54:21

Let's get out of here. We'll be back, Tuesday and

Let's get out of here. We'll be back, Tuesday and

54:25

yeah. See you. Enjoy. Share the pod.

yeah. See you. Enjoy. Share the pod.

Sync with video