WEBVTT 1 00:00:00.000 --> 00:00:04.400 I'm telling you, if you actually look at it and most people get anxiety so they avoid 2 00:00:04.400 --> 00:00:08.800 the things that they don't like, you got to confront it, you're like, I'm fucking poor. 3 00:00:08.800 --> 00:00:13.200 I don't want to be poor and so I'm going to look at this money until eventually it starts 4 00:00:13.200 --> 00:00:18.960 paying attention back to me because money sticks to the person who pays it the most attention. 5 00:00:18.960 --> 00:00:21.280 The wealthiest people in the world see business as a game. 6 00:00:21.280 --> 00:00:24.720 This podcast, the game is my attempt at documenting the lessons I've learned on my way to building 7 00:00:24.720 --> 00:00:27.320 acquisition.com into a billion dollar portfolio. 8 00:00:27.320 --> 00:00:30.080 I hope is that you use the lessons to grow your business and maybe someday soon partner 9 00:00:30.080 --> 00:00:31.800 with us to get to a hundred million dollars in beyond. 10 00:00:31.800 --> 00:00:34.640 I hope you share and enjoy. 11 00:00:34.640 --> 00:00:40.360 When I was a wee lad, a young man, I lived on $1,500 a month and believe it or not, during 12 00:00:40.360 --> 00:00:45.600 that period of time while splitting a room, slipping on the floor with another dude, I was 13 00:00:45.600 --> 00:00:47.840 taking home about $15,000 a month. 14 00:00:47.840 --> 00:00:51.720 And the reason that I live like that is because, A, I'm incredibly risk averse, but B, because 15 00:00:51.720 --> 00:00:55.320 I wanted to have money to go on the offensive later and it was never about the lifestyle 16 00:00:55.320 --> 00:00:59.120 that I wanted to prove now, because for me, making $20 a month was never an amount of 17 00:00:59.120 --> 00:01:02.040 money that I wanted to brag about or feel like I had made it. 18 00:01:02.040 --> 00:01:03.840 For me, I wanted to shoot really, really big. 19 00:01:03.840 --> 00:01:07.640 And so this was only stuff that was going to be stepping since for me to achieve what 20 00:01:07.640 --> 00:01:08.640 I wanted to later. 21 00:01:08.640 --> 00:01:12.280 And so there are three big costs to living, okay? 22 00:01:12.280 --> 00:01:15.360 And so what I wanted to do, so I'm going to break down how I was able to live for so cheap. 23 00:01:15.360 --> 00:01:18.440 And this is for all the same guys, all the single ladies, all the people, and if you can 24 00:01:18.440 --> 00:01:21.280 live with your parents, even better for me, somebody would have died. 25 00:01:21.280 --> 00:01:24.000 And so it was for the best that I didn't have to live at home. 26 00:01:24.000 --> 00:01:28.080 But this is what I actually did in order to live at $1,500 a month or less, and I did 27 00:01:28.080 --> 00:01:30.120 that eating out every day, all right? 28 00:01:30.120 --> 00:01:31.680 So we're going to talk about that. 29 00:01:31.680 --> 00:01:35.880 We're going to talk about how I did transport, how I did living, all of that good stuff so 30 00:01:35.880 --> 00:01:40.480 that you can go on the offense later when you have money that has been stacked up, all 31 00:01:40.480 --> 00:01:41.480 right? 32 00:01:41.480 --> 00:01:42.480 Let's rock and roll. 33 00:01:42.480 --> 00:01:43.480 If you don't know how I am, my name is Oxamose, I'm an acquisition.com. 34 00:01:43.480 --> 00:01:44.480 It's a portfolio of companies. 35 00:01:44.480 --> 00:01:47.040 It does have $200 million a year and I have nothing to sell you. 36 00:01:47.040 --> 00:01:50.360 I make these because I want you to make shit loads of money and make a big company so 37 00:01:50.360 --> 00:01:53.600 that someday we can partner together and take it to $100 million and beyond. 38 00:01:53.600 --> 00:01:54.600 Cool. 39 00:01:54.600 --> 00:01:56.080 So, big picture. 40 00:01:56.080 --> 00:01:59.280 Number one, cost of human beings is food, all right? 41 00:01:59.280 --> 00:02:04.640 Not in terms of total money, but in terms of how important it is for you to stay alive. 42 00:02:04.640 --> 00:02:05.960 So you got to eat. 43 00:02:05.960 --> 00:02:08.600 The next thing after eating is you got to get places. 44 00:02:08.600 --> 00:02:11.120 The third thing is you got to have somewhere to get back to, all right? 45 00:02:11.120 --> 00:02:15.120 So let's break down each of those and those in a reverse order of cost, typically, or 46 00:02:15.120 --> 00:02:16.120 actually, fuck it. 47 00:02:16.120 --> 00:02:17.120 All right. 48 00:02:17.120 --> 00:02:18.440 There's three big cost centers. 49 00:02:18.440 --> 00:02:21.680 You got transportation, you got living, and you got food, all right? 50 00:02:21.680 --> 00:02:22.680 Those are the big cost centers. 51 00:02:22.680 --> 00:02:26.560 We're going to break down what I did for those things and I did that while eating out. 52 00:02:26.560 --> 00:02:31.280 So, food-wise, some of you guys have seen Mozy Meals, Meal Hacks, the things that I do 53 00:02:31.280 --> 00:02:36.920 at these chain restaurants and I did it that way because I don't like cooking and I wanted 54 00:02:36.920 --> 00:02:40.600 to have more time to make money and so it made more financial sense for me to not take 55 00:02:40.600 --> 00:02:45.500 eight hours on the Sunday to go grocery shopping and prep on my food versus me getting 56 00:02:45.500 --> 00:02:48.660 Chipotle twice a day, which is what I did, all right? 57 00:02:48.660 --> 00:02:53.220 And at the time, then, it was closer to about $15 a day, if you would have said today, 58 00:02:53.220 --> 00:02:56.700 it's probably closer to 20 bucks a day when I was doing it and you could do that 30 days 59 00:02:56.700 --> 00:02:57.700 in a row. 60 00:02:57.700 --> 00:02:58.700 It's $600 a month, all right? 61 00:02:58.700 --> 00:03:00.260 And you're like, you didn't do that every day? 62 00:03:00.260 --> 00:03:01.260 I sure did. 63 00:03:01.260 --> 00:03:02.260 All right. 64 00:03:02.260 --> 00:03:06.220 Now, that being said, you can also go to Panda Express, which has a phenomenal 110 gram 65 00:03:06.220 --> 00:03:10.860 of protein hack that you can get for, I think, under $10 today that we actually went 66 00:03:10.860 --> 00:03:14.940 and filmed ourselves getting and that was with extra chicken so you could have 200 grams 67 00:03:14.940 --> 00:03:19.620 of protein every day, value stack was off the hook, recommend it. 68 00:03:19.620 --> 00:03:22.140 Third, best option is Chick-fil-A is one of my favorites. 69 00:03:22.140 --> 00:03:27.180 They are on the price your side, but if you want, you can just go with 220 packs of chicken 70 00:03:27.180 --> 00:03:31.620 nuggets and getting close to 12 bucks, which is a shitload of meat or two sandwiches either 71 00:03:31.620 --> 00:03:37.660 way, you'll end up in that $10 to $12 range and you'll be at that $600, $700 a month range. 72 00:03:37.660 --> 00:03:39.620 And if you're like, huh, did he really do that? 73 00:03:39.620 --> 00:03:40.620 I sure did. 74 00:03:40.620 --> 00:03:41.620 That's all I did. 75 00:03:41.620 --> 00:03:44.260 I picked between Chick-fil-A, Panda Express, and Chipotle. 76 00:03:44.260 --> 00:03:48.780 And that's what I lived on so much at this point that Layla didn't know that we were going 77 00:03:48.780 --> 00:03:49.780 on dates. 78 00:03:49.780 --> 00:03:52.540 But for me, these were the fine establishments that I was frequenting on a regular basis. 79 00:03:52.540 --> 00:03:55.140 They knew me by name and they knew that I knew how to work the menu. 80 00:03:55.140 --> 00:03:59.900 So first step was mosey meals and that, for me, time to money wise was worth it. 81 00:03:59.900 --> 00:04:00.900 All right. 82 00:04:00.900 --> 00:04:02.940 So I could have, because I measured this, when I would go to the grocery store and I would 83 00:04:02.940 --> 00:04:06.340 get all the fixings and all that stuff, I spent $150 in a week and I ended up spending 84 00:04:06.340 --> 00:04:10.300 almost $600 a month as a single guy when I went grocery shopping, ended all the prep 85 00:04:10.460 --> 00:04:15.540 and all the clean versus me just running or running out next door, grabbing the food, eating 86 00:04:15.540 --> 00:04:16.540 it and heading back. 87 00:04:16.540 --> 00:04:18.060 And it was a nice mental break for me. 88 00:04:18.060 --> 00:04:19.060 Cool. 89 00:04:19.060 --> 00:04:25.340 So number one, I ate cheap and as crazy as this may seem, it is easier to figure out 90 00:04:25.340 --> 00:04:30.900 how to get all of your calories in based on eating out stuff ahead of time. 91 00:04:30.900 --> 00:04:31.900 All right. 92 00:04:31.900 --> 00:04:33.220 So if you said easier, not cheaper. 93 00:04:33.220 --> 00:04:36.860 If you want to go the absolute cheapest route, which I'll tell you right now, is loaves 94 00:04:36.860 --> 00:04:38.980 of bread, peanut butter. 95 00:04:38.980 --> 00:04:39.980 The cheapest thing in the world. 96 00:04:39.980 --> 00:04:40.980 All right. 97 00:04:40.980 --> 00:04:44.340 Like if you need calories, loaves of bread, peanut butter, and if you really want to make 98 00:04:44.340 --> 00:04:46.140 sure that you're covering your basis, get a multi-item. 99 00:04:46.140 --> 00:04:47.140 All right. 100 00:04:47.140 --> 00:04:48.820 If you've got that, you can do that and you can live on it. 101 00:04:48.820 --> 00:04:52.420 If you want to add a third staple in there, you can add lactate milk if you're dairy 102 00:04:52.420 --> 00:04:53.420 sensitive. 103 00:04:53.420 --> 00:04:55.220 You'll get your protein, you'll get your carbs, you'll get your fat in. 104 00:04:55.220 --> 00:04:58.460 And I'm saying, if you want to be extreme on it, you can be extreme. 105 00:04:58.460 --> 00:04:59.460 All right. 106 00:04:59.460 --> 00:05:00.860 You could probably knock that down to $100 a month. 107 00:05:00.860 --> 00:05:01.860 So that's the range. 108 00:05:01.860 --> 00:05:04.820 But for me, I didn't want to live on peanut butter sandwiches. 109 00:05:04.820 --> 00:05:08.220 I did eat them when I was trying to bulk up, but I did those in addition to my normal 110 00:05:08.220 --> 00:05:09.220 calorie intake. 111 00:05:09.220 --> 00:05:12.980 And to that degree, you might want to do one of those mosey meals and then do peanut butter 112 00:05:12.980 --> 00:05:15.980 and milk is the other one, which is a nice cheap in between. 113 00:05:15.980 --> 00:05:20.140 So number one, and the reason we're doing this, the reason this is so important is that 114 00:05:20.140 --> 00:05:23.900 you got to know how to live cheap so that you can go offensive with the cash that you have 115 00:05:23.900 --> 00:05:27.900 so you can save up to build the business you want so that more realistically so that you 116 00:05:27.900 --> 00:05:30.900 can invest in the skills and the experience that are going to make you money. 117 00:05:30.900 --> 00:05:31.900 All right. 118 00:05:31.900 --> 00:05:33.300 So number one is food. 119 00:05:33.300 --> 00:05:35.580 Number two is transportation. 120 00:05:35.580 --> 00:05:37.060 This is where mosey mobiles came in. 121 00:05:37.060 --> 00:05:38.060 All right. 122 00:05:38.060 --> 00:05:40.020 And thinking, huh, why there's all these ms? 123 00:05:40.020 --> 00:05:44.340 Well, it turns out there's lots of ms when it comes to mobiles, meals, and mansions. 124 00:05:44.340 --> 00:05:45.340 All right. 125 00:05:45.340 --> 00:05:46.420 So lots of ms that we're going to cover today. 126 00:05:46.420 --> 00:05:51.900 So from the mobile standpoint, the most efficient way to own a vehicle is to purchase it 127 00:05:51.900 --> 00:05:56.900 in cash, a used vehicle that is ideally between five and 10 years old. 128 00:05:56.900 --> 00:06:02.580 So if you look on any place in America right now today, you can find a used four-door vehicle 129 00:06:02.580 --> 00:06:07.620 that is between five and 10 years old for $10,000, all right, and a used parking lot. 130 00:06:07.620 --> 00:06:10.980 Now, the reason this is important is that you don't want to have car payments, all right. 131 00:06:10.980 --> 00:06:15.780 So then the only thing you really have to manage is car insurance, which is not too expensive. 132 00:06:15.780 --> 00:06:16.780 And here's the cool part. 133 00:06:16.780 --> 00:06:19.300 The cheaper your car, less the insurance, all right, because they don't have to share 134 00:06:19.300 --> 00:06:20.300 too much. 135 00:06:20.300 --> 00:06:25.020 So if you are young and you are living on $600 a month for mosey meals and you live on 136 00:06:25.020 --> 00:06:29.180 $100 a month after you've made your one-time capital expensive actually getting the car, 137 00:06:29.180 --> 00:06:33.620 which I recommend doing and not taking loan for it, then all you have is your mansion, 138 00:06:33.620 --> 00:06:36.340 your chat toe, where you're going to rest your head at night, and I'll tell you exactly 139 00:06:36.340 --> 00:06:37.340 what I did. 140 00:06:37.340 --> 00:06:39.340 I lived in Southern California. 141 00:06:39.340 --> 00:06:45.780 One of, if not the most expensive markets in the United States, I was in Costa, Mesa, 142 00:06:45.780 --> 00:06:47.100 was where I lived. 143 00:06:47.100 --> 00:06:50.860 And after I slept on the floor of my gym, which was the first place, which technically 144 00:06:50.860 --> 00:06:54.140 was zero, but at the same time it was $5,000 a month because it was my actual rent for 145 00:06:54.140 --> 00:06:57.180 my business, I then really splurged. 146 00:06:57.180 --> 00:07:02.100 And at I think month four, five, or six, or whatever it was, I ended up having a member 147 00:07:02.100 --> 00:07:04.140 at my gym, say, are you really sleeping here? 148 00:07:04.140 --> 00:07:06.060 I said, I sure am. 149 00:07:06.060 --> 00:07:11.060 And he allowed me to, after another member was having me sleep at the place for free, 150 00:07:11.060 --> 00:07:16.740 I was able to move from the free place to my own place, which is really in quotes here, 151 00:07:16.740 --> 00:07:21.420 because we split a single bedroom in a seven-bedroom house. 152 00:07:21.420 --> 00:07:25.660 And guess what, every other bedroom had a couple. 153 00:07:25.660 --> 00:07:28.100 And there were three dogs in the house. 154 00:07:28.100 --> 00:07:32.740 So my roommate had a dog, another couple had a dog, and another couple had a dog. 155 00:07:32.740 --> 00:07:35.340 And one of the couples had two dogs, and then they were both big. 156 00:07:35.340 --> 00:07:39.980 So there was marking of territory, there was shit and piss in the house, every day was 157 00:07:39.980 --> 00:07:41.700 fucking horrible. 158 00:07:41.700 --> 00:07:47.060 And I lived there, and he and I were roommates, not housemates, roommates. 159 00:07:47.060 --> 00:07:52.900 And I had one mattress that I got off Craigslist and put on the floor, because I didn't want to 160 00:07:52.900 --> 00:07:57.020 buy bedding, or I bought sheets, but I didn't want to buy furniture, and I didn't want 161 00:07:57.020 --> 00:07:58.580 to buy one of those stands or anything. 162 00:07:58.580 --> 00:08:02.380 And so I had a fan next to my face, because it's really loud, by the way, so you can not 163 00:08:02.380 --> 00:08:04.660 have to hear what someone else is doing because you used to snore. 164 00:08:04.660 --> 00:08:08.060 And so I had a fan on my face, and all you hear is the fan wind around you, and also wake 165 00:08:08.060 --> 00:08:10.180 up and dry your shit eyes. 166 00:08:10.180 --> 00:08:11.500 And that was it. 167 00:08:11.500 --> 00:08:15.540 I would wake up, I'd go to work, and I worked all day, and I would come back at nights. 168 00:08:15.540 --> 00:08:17.140 I didn't need anything fancy. 169 00:08:17.140 --> 00:08:20.980 And so my rent there, our rent for that room in Costa Mesa, remember, this was expensive 170 00:08:20.980 --> 00:08:23.260 place, was $800 a month. 171 00:08:23.260 --> 00:08:25.260 That was what we had to split for that room. 172 00:08:25.260 --> 00:08:28.060 And so I, my half, was $400 a month. 173 00:08:28.060 --> 00:08:34.020 And so I had my rent for my Mosy mansion, all the ladies loved it, I'm kidding, I had 174 00:08:34.020 --> 00:08:35.020 no ladies. 175 00:08:35.020 --> 00:08:36.620 That's not my priority at the time. 176 00:08:36.620 --> 00:08:42.500 Was I had my Mosy meals for $600, $700 a month between Chick-fil-I, Panda Express, and 177 00:08:42.500 --> 00:08:43.500 Chipotle. 178 00:08:43.500 --> 00:08:47.980 And then I had my Mosy mansion, which was $400 a month, me splitting with a roommate. 179 00:08:47.980 --> 00:08:50.980 And if you're like, man, couldn't you have opted for the extra $400 a month? 180 00:08:50.980 --> 00:08:55.020 I probably sure could, but I was obsessed about living with, as little, as someone became 181 00:08:55.020 --> 00:08:56.020 a game to me. 182 00:08:56.020 --> 00:09:00.580 It was how little money can I spend, which highly recommend side note, brain hack. 183 00:09:00.580 --> 00:09:06.540 If you can get competitive with yourself at how little you can spend, recommend, recommend 184 00:09:06.540 --> 00:09:07.540 heavily. 185 00:09:07.540 --> 00:09:11.060 One of the other hacks that Dave Ramsey has that I'm a huge fan of is taking out the amount 186 00:09:11.060 --> 00:09:13.420 of money that you're going to spend for the entire month, putting in your wallet, and 187 00:09:13.420 --> 00:09:14.420 leaving it there. 188 00:09:14.420 --> 00:09:19.060 And then I would pay my rent, I would go to the, to buy food every day, I would pay that, 189 00:09:19.060 --> 00:09:22.140 and then the insurance came out of a cart, which was like $100 or whatever it was. 190 00:09:22.140 --> 00:09:25.300 And so between those three things, because you notice I didn't even mention a car payment 191 00:09:25.300 --> 00:09:28.300 because I've really never had car payments, because I've always bought every vehicle I've 192 00:09:28.300 --> 00:09:30.340 had in cash, always. 193 00:09:30.340 --> 00:09:32.940 And so, here we are. 194 00:09:32.940 --> 00:09:38.100 And so the big three for living for $1,500 a month or less, it's number one, you got your 195 00:09:38.100 --> 00:09:42.540 $600 to $700 a month, a mousy meal plan, you got your number two, you got your vehicle 196 00:09:42.540 --> 00:09:45.780 that you saved up for, and then bought in cash, and then only have $100 a month of insurance, 197 00:09:45.780 --> 00:09:47.700 you got to pay for it, so let's bump that to $700. 198 00:09:47.700 --> 00:09:48.700 All right. 199 00:09:48.700 --> 00:09:51.180 And then you've got your rent, which is $400, $500. 200 00:09:51.180 --> 00:09:56.980 Now, if you're in like North Carolina, or you're in Boise, Idaho, or you're in Wisconsin 201 00:09:56.980 --> 00:10:01.460 or something, you can probably get a room for $400 a month without having to split it. 202 00:10:01.460 --> 00:10:05.100 But if you really want to like dial in and you're in a better market, which big picture 203 00:10:05.100 --> 00:10:09.940 here, I would recommend you go to the place where shit's happening, not just like that extra 204 00:10:09.940 --> 00:10:14.140 $200, $400 a month that you'd spend to be in an area where shit, like things are going 205 00:10:14.140 --> 00:10:18.860 on and people are doing things with their lives, to get out of your area of the world where 206 00:10:18.860 --> 00:10:22.860 nothing's happening and your friends are still in the same place and your parents, you 207 00:10:22.860 --> 00:10:26.100 know, don't encourage you and think this internet shit is weird and to tell you to stop 208 00:10:26.100 --> 00:10:29.260 watching videos on YouTube to try to like better yourself and just tell you to get a job, 209 00:10:29.260 --> 00:10:30.260 whatever it is. 210 00:10:30.260 --> 00:10:34.900 Like if you want to get out of that environment, it is worth the $200 to $400 a month. 211 00:10:34.900 --> 00:10:35.900 Hardcore. 212 00:10:35.900 --> 00:10:39.180 So to be clear, I still think like there are exchanges and price and value. 213 00:10:39.180 --> 00:10:40.380 It is worth it there. 214 00:10:40.380 --> 00:10:44.460 But for me, the added benefit of having one vermin versus two for half the price was worth 215 00:10:44.460 --> 00:10:46.060 it for me to split it. 216 00:10:46.060 --> 00:10:49.100 Now once we have that, now we can go on the offensive. 217 00:10:49.100 --> 00:10:53.260 And so if you have that car, and this is a big one, all right, this is big. 218 00:10:53.260 --> 00:10:59.660 If you are making less than 60 to 70,000 year, this is a lot of the audience right now. 219 00:10:59.660 --> 00:11:04.420 If you're making less than 60 to 70,000 year, I don't understand why you wouldn't take 220 00:11:04.420 --> 00:11:08.060 that car that you saved up for that's got four doors. 221 00:11:08.060 --> 00:11:09.900 It's 15 years or younger, right? 222 00:11:09.900 --> 00:11:12.500 In terms of car years and there's no visible damage on it. 223 00:11:12.500 --> 00:11:15.260 If you got those three check marks, you can drive Uber. 224 00:11:15.260 --> 00:11:20.820 I still to the state don't understand why you would not, like if you're below that and 225 00:11:20.900 --> 00:11:22.820 you're just trying to stack cash right now. 226 00:11:22.820 --> 00:11:24.420 It is the most flexible job. 227 00:11:24.420 --> 00:11:26.020 You can make money immediately. 228 00:11:26.020 --> 00:11:28.260 There's no risk besides the actual vehicle itself. 229 00:11:28.260 --> 00:11:29.980 You can work whatever hours you want. 230 00:11:29.980 --> 00:11:32.780 You can do it on separate apps and when I say whatever hours, I said there's flexibility 231 00:11:32.780 --> 00:11:34.660 but also how many hours you want. 232 00:11:34.660 --> 00:11:36.340 You work 12 hours a day if you feel like it. 233 00:11:36.340 --> 00:11:42.100 And I've told this before, but my plan B was always strip at night, drive Uber during 234 00:11:42.100 --> 00:11:44.100 the day. 235 00:11:44.100 --> 00:11:48.900 And I'm dead serious because I knew that for my plan B, if my plan A didn't work, that's 236 00:11:48.900 --> 00:11:53.380 what I could fall back on and knowing that I was living on 1500 bucks a month or less 237 00:11:53.380 --> 00:11:59.900 after taxes, I could in a year spend 20, make another 200, have, you know, whatever, 238 00:11:59.900 --> 00:12:04.180 one something saved up after taxes so I could go on the offensive again. 239 00:12:04.180 --> 00:12:07.980 And what happens is if you know that you live on cheap and this is a big one. 240 00:12:07.980 --> 00:12:13.780 If you know it doesn't cost you much to live, your risk tolerance goes up because you 241 00:12:13.780 --> 00:12:15.860 don't have other shit to worry about. 242 00:12:15.860 --> 00:12:20.780 So what happens is, and this is the real cost of the shit that you can't afford or shouldn't 243 00:12:20.780 --> 00:12:25.820 be affording right now, is that you're paying for the car, but you're sacrificing your dreams. 244 00:12:25.820 --> 00:12:29.780 You're paying for the neighborhood, you're paying for the way the house looks, right? 245 00:12:29.780 --> 00:12:33.920 You're paying for going out with the boys at the club, right, buying a table, getting 246 00:12:33.920 --> 00:12:38.420 bottle service, buying girls drinks, right, all of a sudden boom, 100 bucks, boom, 200 bucks 247 00:12:38.420 --> 00:12:40.020 in a night, like what just happened? 248 00:12:40.020 --> 00:12:42.220 How's half my rent, right? 249 00:12:42.220 --> 00:12:47.500 Is that the cost of those things is that now your lifestyle is higher and so you're actually 250 00:12:47.500 --> 00:12:52.500 less offensive, you become less dangerous because it's very hard to fight someone who has 251 00:12:52.500 --> 00:12:57.700 nothing to lose and it's very hard to fight someone who can live on nothing because everything 252 00:12:57.700 --> 00:13:01.180 you have goes boom, shredding your net worth so that you can go on the offensive later, 253 00:13:01.180 --> 00:13:02.180 right? 254 00:13:02.180 --> 00:13:06.220 And so if we had to pick between living on $10,000 a month and making $10,000 a month 255 00:13:06.220 --> 00:13:12.020 or living on $1,500 a month and then spending the spread, if you spend $5,000 a month, 256 00:13:12.020 --> 00:13:18.260 $3,000 a month, $2,000 a month on your education so that you can increase your earning capacity, 257 00:13:18.260 --> 00:13:21.260 it's hard to be stopped. 258 00:13:21.260 --> 00:13:23.660 Hey guys, love that you're listening to the podcast. 259 00:13:23.660 --> 00:13:27.700 If you ever want to have the video version of this, which usually has more effects, more 260 00:13:27.700 --> 00:13:32.700 visuals, more graphs, you know, drawn out stuff, sometimes it can help hit the brain centers 261 00:13:32.700 --> 00:13:33.700 in different ways. 262 00:13:33.700 --> 00:13:34.700 You can check out my YouTube channel. 263 00:13:34.700 --> 00:13:35.700 It's absolutely free. 264 00:13:35.700 --> 00:13:41.740 You can check that out if that's what you are into and if not, keep enjoying the show. 265 00:13:41.780 --> 00:13:45.060 So one of the things that I used to play with this game I had of like, how can I spend 266 00:13:45.060 --> 00:13:49.940 the least money is one, you can either go to the Dave Ramsey stop, right? 267 00:13:49.940 --> 00:13:54.020 Which is don't buy shit, you can't afford, don't go into debt, take out the cash, you're 268 00:13:54.020 --> 00:13:57.140 going to spend every month and then don't spend more than that period. 269 00:13:57.140 --> 00:13:58.140 That's it. 270 00:13:58.140 --> 00:13:59.140 That's all you got. 271 00:13:59.140 --> 00:14:01.660 The other way of doing this is getting competitive with your bank account, all right? 272 00:14:01.660 --> 00:14:05.260 And so one of the habits that I highly encourage you do is that every morning, what's the first 273 00:14:05.260 --> 00:14:06.260 thing you check? 274 00:14:06.260 --> 00:14:07.260 Is it Instagram? 275 00:14:07.260 --> 00:14:08.260 Is it YouTube? 276 00:14:08.260 --> 00:14:09.260 Is it your texts? 277 00:14:09.260 --> 00:14:12.420 I will tell you the first thing that I checked the mornings when I was in this period of 278 00:14:12.420 --> 00:14:13.420 my life. 279 00:14:13.420 --> 00:14:14.420 It was my bank account. 280 00:14:14.420 --> 00:14:17.900 Every day I wake up and I'll check my bank account and what happens when you do that is 281 00:14:17.900 --> 00:14:21.180 you develop this muscle, a kind of this understanding of the money flow, right? 282 00:14:21.180 --> 00:14:24.580 And right now, depending on where you're at, it might be uneventful to check your 283 00:14:24.580 --> 00:14:25.900 bank account every day. 284 00:14:25.900 --> 00:14:29.300 But if I can give you a habit that will make you a lot of money, it's just like weight 285 00:14:29.300 --> 00:14:30.300 loss. 286 00:14:30.300 --> 00:14:34.420 So believe it or not, if you get on a scale every day and you're trying to lose weight 287 00:14:34.420 --> 00:14:38.220 and you don't do jack shit, but you literally just get on the scale every day, people lose 288 00:14:38.220 --> 00:14:42.780 weight, drawing and putting awareness to the problem or the thing that you're trying 289 00:14:42.780 --> 00:14:43.780 to change improves it. 290 00:14:43.780 --> 00:14:48.900 If you're in a business and you want sales to go up, start tracking everything. 291 00:14:48.900 --> 00:14:52.900 If you just start reporting publicly on close rates and put a leaderboard up, sales go 292 00:14:52.900 --> 00:14:53.900 up. 293 00:14:53.900 --> 00:14:56.500 You want to start reporting on connection rates, how quickly people talk to other people, 294 00:14:56.500 --> 00:14:58.740 how quickly it's get followed up on, guess what happens? 295 00:14:58.740 --> 00:14:59.740 It gets faster, right? 296 00:14:59.740 --> 00:15:02.900 The moment you start putting attention to it, the moment you start tracking, the moment 297 00:15:02.900 --> 00:15:03.900 you start improving. 298 00:15:03.900 --> 00:15:06.220 So if you want to improve your money situation, you got to check it. 299 00:15:06.220 --> 00:15:09.820 You got to look at it every day and the first thing in the day, priority, it means it 300 00:15:09.820 --> 00:15:10.820 is happening prior. 301 00:15:10.820 --> 00:15:13.500 It's more important, right? 302 00:15:13.500 --> 00:15:17.540 So you wake up, you make money a priority, you check your bank out every day, you start 303 00:15:17.540 --> 00:15:20.700 to get a pulse on what's going in and what's going out. 304 00:15:20.700 --> 00:15:21.700 What's going in? 305 00:15:21.700 --> 00:15:22.700 What's going out? 306 00:15:22.700 --> 00:15:24.540 You cancel all the fucking subscriptions that you know you shouldn't be doing, right? 307 00:15:24.540 --> 00:15:28.020 You cancel all those because hey, that extra time that you're consuming these other things, 308 00:15:28.020 --> 00:15:29.700 you should be putting into education. 309 00:15:29.700 --> 00:15:30.700 You know that. 310 00:15:30.700 --> 00:15:33.500 If you're not happy with where you're at, these are the changes you make, all right? 311 00:15:33.500 --> 00:15:40.140 So with the game of money in the bank account, the idea is you look at all of the pluses 312 00:15:40.140 --> 00:15:43.540 that go in, you look at all the minuses and next month, you try and make that column 313 00:15:43.540 --> 00:15:47.140 go up and that column go down and you keep running that cycle. 314 00:15:47.140 --> 00:15:50.940 And I promise you, if you actually look at your bank account every single day, even for 315 00:15:50.940 --> 00:15:54.980 90 days, 90 days, you will be amazed at what goes in there. 316 00:15:54.980 --> 00:15:55.980 You're like, huh? 317 00:15:55.980 --> 00:15:57.860 I didn't even know I still had that app. 318 00:15:57.860 --> 00:16:02.180 Oh, there was an app I signed up for a year ago that just did an annual billing, right? 319 00:16:02.180 --> 00:16:03.180 Oh, shoot. 320 00:16:03.180 --> 00:16:04.180 I should have canceled. 321 00:16:04.180 --> 00:16:07.820 I'm telling you, if you actually look at it and most people get anxiety and so they avoid 322 00:16:07.820 --> 00:16:10.460 the things that they don't like, you got to confront it. 323 00:16:10.460 --> 00:16:12.580 You're like, I'm fucking poor. 324 00:16:12.580 --> 00:16:14.100 I don't want to be poor. 325 00:16:14.100 --> 00:16:17.740 And so I'm going to look at this money until eventually it starts paying attention back 326 00:16:17.740 --> 00:16:21.900 to me because money sticks to the person who pays at the most attention because I promise 327 00:16:21.900 --> 00:16:24.140 you, this is how the economy works. 328 00:16:24.140 --> 00:16:27.860 Think about the, think about money as water, all right? 329 00:16:27.860 --> 00:16:28.860 Money flows. 330 00:16:28.860 --> 00:16:29.860 All right. 331 00:16:29.860 --> 00:16:35.260 It's constantly in motion, but there are grooves in the economy that flow to the few. 332 00:16:35.260 --> 00:16:39.980 So it rains and then it flows into the reservoirs and it rains and it flows into the reservoirs 333 00:16:39.980 --> 00:16:43.260 and then these reservoirs get bigger and bigger and they, they spring a little bit back in 334 00:16:43.260 --> 00:16:44.260 and then it flows. 335 00:16:44.260 --> 00:16:49.300 It's the way capitalism works because when you spend money at Walmart, every Walmart 336 00:16:49.300 --> 00:16:52.380 in America is flowing money back to the Walnuts, right? 337 00:16:52.380 --> 00:16:56.060 You go on Amazon, you buy something, you front buy something, so on and so on, everything 338 00:16:56.060 --> 00:16:58.820 flows money back to Bezos, right? 339 00:16:58.820 --> 00:17:04.820 And so the idea is those guys paid more attention to the money early on and then the money 340 00:17:04.820 --> 00:17:06.420 pays them attention back. 341 00:17:06.420 --> 00:17:10.580 The person in two parties who pays the most attention is where the money ends up. 342 00:17:10.580 --> 00:17:13.060 And so it starts by tracking it. 343 00:17:13.060 --> 00:17:17.180 And let me tell you a good stupid idea that you should not do. 344 00:17:17.180 --> 00:17:21.260 If you are one of these people who wants to credit card hack, right, he wants to be like, 345 00:17:21.260 --> 00:17:25.700 I get 2% here and I get 1% here and I get 3% here, you're focusing on the wrong fucking 346 00:17:25.700 --> 00:17:28.340 percentage side, all right? 347 00:17:28.340 --> 00:17:31.940 You're focusing on the 2% and not the 98%, which is where you're spending your money, 348 00:17:31.940 --> 00:17:32.940 all right? 349 00:17:32.940 --> 00:17:36.540 So recommendation, use debit cards, all right? 350 00:17:36.540 --> 00:17:39.460 Forget about the points because the thing is, is even subconsciously, if you feel like 351 00:17:39.460 --> 00:17:43.300 you can give yourself an excuse because you're getting points on it, you can try and make 352 00:17:43.300 --> 00:17:45.180 the argument to me, I'm not going to buy it. 353 00:17:45.180 --> 00:17:47.860 Well, I'm going to spend all the same amount of money I was going to before, I'm just 354 00:17:47.860 --> 00:17:49.900 going to get 1% back, I don't buy it. 355 00:17:49.900 --> 00:17:52.860 If you're trying to be financially disciplined, just fucking be disciplined. 356 00:17:52.860 --> 00:17:55.580 I promise you, think about this from a human behavior standpoint. 357 00:17:55.580 --> 00:17:59.780 You want to punish bad behavior with yourself as quickly as possible and you want to reward 358 00:17:59.780 --> 00:18:03.100 good behavior as fast as possible so you do more of it. 359 00:18:03.100 --> 00:18:05.100 That's why you check the bank account every day. 360 00:18:05.100 --> 00:18:08.780 So you start seeing it go up and you get this little ticker and it goes up and if you really 361 00:18:08.780 --> 00:18:12.420 want to be a G about it, this is how I did it, you check your bank account and you have 362 00:18:12.420 --> 00:18:17.340 a Google sheet on your phone, all right, and every day I'd put my balance in and I had 363 00:18:17.340 --> 00:18:23.500 it track, just day number, day number, day number and you start to know when checks hit, 364 00:18:23.500 --> 00:18:24.500 and deposits hit. 365 00:18:24.500 --> 00:18:26.820 You started to predict these days and you're like, oh, you know what, tomorrow I think 366 00:18:26.820 --> 00:18:31.820 I've got, I got a check hitting and I'm about, you know, a third higher than I was two 367 00:18:31.820 --> 00:18:36.460 Tuesdays ago at the same time of the month, boom, then you start hitting bank account 368 00:18:36.460 --> 00:18:41.300 PRs and if you can start getting addicted to hitting personal records in your bank account, 369 00:18:41.300 --> 00:18:46.980 like if I can give you the one gift of this is to gamify it and I will tell you one lesson 370 00:18:46.980 --> 00:18:51.860 that the people who make the most money all have in common, they think about money as 371 00:18:51.860 --> 00:18:52.860 a game. 372 00:18:52.860 --> 00:18:56.940 And so you got to start small, you got to start playing one, one dollar hand, two dollar 373 00:18:56.940 --> 00:19:00.180 hand, you got to start playing the game and the best way to do that is early on. 374 00:19:00.180 --> 00:19:04.300 So track two things, you check your bank account and you put it in and what's nice there 375 00:19:04.300 --> 00:19:08.540 is that you can start seeing long term trends and I'll tell you this much, when I would 376 00:19:08.540 --> 00:19:12.820 look at that trend, I got a tremendous amount of good feeling. 377 00:19:12.820 --> 00:19:15.180 I would look at it and be like, I fucking did that. 378 00:19:15.180 --> 00:19:17.540 And every month get a little bit bigger, a little bit bigger, a little bit bigger and 379 00:19:17.540 --> 00:19:21.860 you start feeling progress for the sacrifices that you make every day because you look at 380 00:19:21.860 --> 00:19:25.940 where you're at this month versus last month and you see progress. 381 00:19:25.940 --> 00:19:31.860 So I get asked a lot about the income to spending ratio and I believe it or not, never had 382 00:19:31.860 --> 00:19:32.860 one. 383 00:19:32.860 --> 00:19:37.860 And that's because I just try to maximize both sides and that might sound crazy and 384 00:19:37.860 --> 00:19:38.860 some people like the percentage. 385 00:19:38.860 --> 00:19:39.860 That works for you awesome. 386 00:19:39.860 --> 00:19:45.740 But for me, it was, how can I hack the game to spend as little as humanly possible period? 387 00:19:45.740 --> 00:19:48.820 And then how can I hack the other side of the game, make as much money as I possibly 388 00:19:48.820 --> 00:19:50.500 can? 389 00:19:50.500 --> 00:19:52.060 And that was the game I played. 390 00:19:52.060 --> 00:19:55.140 So rather than saying like, you know what, I'm going to give myself 20% of my income to 391 00:19:55.140 --> 00:19:56.140 bubble bubble. 392 00:19:56.140 --> 00:20:01.100 I just saved every dollar that was at food, transportation, living. 393 00:20:01.100 --> 00:20:06.700 So I think the easiest thing to do is to connect with people online, join communities, join 394 00:20:06.700 --> 00:20:09.820 discord groups, join Facebook groups, whatever it is. 395 00:20:09.820 --> 00:20:14.580 And then try and figure out where there are pockets of them because people congregate. 396 00:20:14.580 --> 00:20:19.660 And so you can find pockets of people that have similar goals to you and get around them. 397 00:20:19.660 --> 00:20:20.660 That was the game. 398 00:20:20.660 --> 00:20:26.380 Like literally, every move for the first few years of my career was only to be around people. 399 00:20:26.380 --> 00:20:31.180 So I knew when I was going somewhere, who I was trying to be around. 400 00:20:31.180 --> 00:20:34.340 So when I moved from Baltimore to California, I was trying to be around Sandback to Yark as 401 00:20:34.340 --> 00:20:36.300 he was the guy that I was going to mentor under. 402 00:20:36.300 --> 00:20:39.260 So I moved cross country because I knew I had someone there and I figured he could make 403 00:20:39.260 --> 00:20:40.260 an intro. 404 00:20:40.260 --> 00:20:41.260 And he did. 405 00:20:41.260 --> 00:20:42.260 He introduced me to another person. 406 00:20:42.260 --> 00:20:45.700 So as long as you're a person who's going to hustle and people see it, people will open 407 00:20:45.700 --> 00:20:47.060 doors for you. 408 00:20:47.060 --> 00:20:52.460 So when I was in SoCal, I moved from SoCal to Puerto Rico briefly because I thought that 409 00:20:52.460 --> 00:20:53.460 was going to do the tax thing. 410 00:20:53.460 --> 00:20:57.580 I've made a video about tax stuff, a different thing of what I learned about not doing that. 411 00:20:57.580 --> 00:20:58.580 But that was what I wanted. 412 00:20:58.580 --> 00:21:01.300 There's people there in Puerto Rico that I was going to be around and I wanted the tax 413 00:21:01.300 --> 00:21:02.300 situation. 414 00:21:02.300 --> 00:21:08.740 From there, we moved to Irvine and then Albuquerque, New Mexico because I had people there that 415 00:21:08.740 --> 00:21:10.500 I wanted to learn from and be around. 416 00:21:10.500 --> 00:21:13.340 And I didn't know anyone else besides this one couple, right? 417 00:21:13.340 --> 00:21:16.980 And so with each of these moves, there was a target person that I wanted to get around 418 00:21:16.980 --> 00:21:18.180 and I wasn't being a creep about it. 419 00:21:18.180 --> 00:21:21.940 But I knew I was like, okay, maybe if I see them once or twice a month, if you just say, 420 00:21:21.940 --> 00:21:24.020 hey, do you know anybody else who lives in this area? 421 00:21:24.020 --> 00:21:28.220 And this is where, like, now the world's even more connected than it was a decade ago. 422 00:21:28.220 --> 00:21:30.940 And so you're in these pockets, you're in these communities, you're in these discord 423 00:21:30.940 --> 00:21:31.940 groups. 424 00:21:31.940 --> 00:21:34.620 Just feel like, yo, I'm looking at moving where you all at. 425 00:21:34.620 --> 00:21:37.580 And people start sounding off and then you'll see starts in your pockets and believe it 426 00:21:37.580 --> 00:21:38.580 or not. 427 00:21:38.580 --> 00:21:39.580 People do coagulate. 428 00:21:39.580 --> 00:21:41.140 They congregate around the epicenters. 429 00:21:41.140 --> 00:21:42.140 You'll see a lot in SoCal. 430 00:21:42.140 --> 00:21:43.140 You'll see a lot in Miami. 431 00:21:43.140 --> 00:21:45.620 You'll see a lot in New York, a lot of Chicago, right? 432 00:21:45.620 --> 00:21:55.140 And a big thing here is that if you see Cleveland rich is not the same as SoCal rich, is not 433 00:21:55.140 --> 00:21:57.340 the same as New York rich. 434 00:21:57.340 --> 00:22:02.340 And so what happens is your standard of excellence raises. 435 00:22:02.340 --> 00:22:06.820 And so in some ways, you feel worse about yourself, but to the same degree, it shows you 436 00:22:06.820 --> 00:22:07.820 what's possible. 437 00:22:07.820 --> 00:22:10.380 And so some people flip that into envy, right? 438 00:22:10.380 --> 00:22:14.980 Which is not the recommendation, but my recommendation is to use that as inspiration. 439 00:22:14.980 --> 00:22:17.020 You're like, it is possible. 440 00:22:17.020 --> 00:22:18.980 They're made of the same flesh and bone as I am. 441 00:22:18.980 --> 00:22:21.180 So therefore, I can too. 442 00:22:21.180 --> 00:22:24.180 And when you get around people like that, they start talking at a different time increments 443 00:22:24.180 --> 00:22:25.180 and different money increments. 444 00:22:25.180 --> 00:22:28.180 So if the people you're hanging out with are talking in terms of weeks, talking in terms 445 00:22:28.180 --> 00:22:33.220 of paychecks, talking in terms of $100,000 investments, you've got to be talking to people who 446 00:22:33.220 --> 00:22:36.740 are talking about $100,000 investments, we're talking about years, talking about decades, 447 00:22:36.740 --> 00:22:37.740 right? 448 00:22:37.740 --> 00:22:42.940 Like, you can judge how wealthy people will be by how they talk about how they allocate 449 00:22:42.940 --> 00:22:47.700 resources, time and money, and the increments that they measure those in. 450 00:22:47.700 --> 00:22:52.180 And I'll put one final point on this is that I've moved a lot faster in life through 451 00:22:52.180 --> 00:22:54.700 handshakes instead of hacks, all right? 452 00:22:54.700 --> 00:22:59.820 Like it's who, who introduced me and opened way more doors than any whatever did. 453 00:22:59.820 --> 00:23:03.460 And so getting around the who, a lot of times it's hard to measure, but when I look at 454 00:23:03.460 --> 00:23:08.180 all the big deals that I've done in my life, it's all been one or two degrees connected 455 00:23:08.180 --> 00:23:10.340 from people that I met randomly. 456 00:23:10.340 --> 00:23:12.380 And so this is one recommendation that I have for you. 457 00:23:12.380 --> 00:23:14.740 And there's something that I would say that I've been pretty good at, and that's what 458 00:23:14.740 --> 00:23:19.420 Layla's at least told me, is that number one rule that I have with networking is don't 459 00:23:19.420 --> 00:23:20.620 turn down the first invite. 460 00:23:20.620 --> 00:23:24.540 All right, so if you connect with somebody at a thing, it's like, hey, let's grab dinner. 461 00:23:24.540 --> 00:23:27.620 If you make that first one happen, the likely that you end up staying friends at connecting 462 00:23:27.620 --> 00:23:28.620 is significantly hard. 463 00:23:28.980 --> 00:23:32.940 If you turn down the first invite, the likely it shows that you're not as interested. 464 00:23:32.940 --> 00:23:36.300 And then they also turn down your, your counter invite and it becomes this whole thing. 465 00:23:36.300 --> 00:23:42.020 And I'm just saying like one big move is just make it work on the first invite, all right? 466 00:23:42.020 --> 00:23:46.580 The second piece of advice that I have for you is that when you go to that meeting, 467 00:23:46.580 --> 00:23:50.900 whether you want to call it meet up, hang out, whatever, do some prep work, all right? 468 00:23:50.900 --> 00:23:55.540 Do 30 minutes of research on the person you're going to meet with and try to bring something 469 00:23:55.540 --> 00:23:57.100 valuable to the table. 470 00:23:57.100 --> 00:24:00.180 Now it might be your skill and you just apply it to them and this is the thing. 471 00:24:00.180 --> 00:24:07.540 This is a fucking hack of life, all right, for helping people is no one wants a free patio. 472 00:24:07.540 --> 00:24:08.540 All right. 473 00:24:08.540 --> 00:24:12.060 So the story of the free patio is like, hey, you got a buddy who builds patios. 474 00:24:12.060 --> 00:24:13.060 You don't have a patio. 475 00:24:13.060 --> 00:24:16.380 You have a couple of people bid for it, your buddy's like, hey, I'll build it for you, right? 476 00:24:16.380 --> 00:24:18.740 And so he says he'll do it for free. 477 00:24:18.740 --> 00:24:20.740 And you say, sure, cool, I'll save some money. 478 00:24:20.740 --> 00:24:22.700 The other guy said they can do it in four weeks. 479 00:24:22.700 --> 00:24:25.820 He starts taking four weeks and it's, you know, a third of the way, don't he said, oh, 480 00:24:25.820 --> 00:24:28.860 sorry, I'm working on some other jobs, I'll be around to work on it later this weekend. 481 00:24:28.860 --> 00:24:31.900 And now it's eight weeks and it's still, you know, halfway done and it's 12 weeks. 482 00:24:31.900 --> 00:24:34.140 Now you start to fucking hate the guy, right? 483 00:24:34.140 --> 00:24:38.620 And so the thing is, is that if you want to do somebody a favor, if you really want them 484 00:24:38.620 --> 00:24:42.140 to take it as a favor, blow them away. 485 00:24:42.140 --> 00:24:45.260 Make them feel awkward for the amount of work that you did. 486 00:24:45.260 --> 00:24:48.220 And if you've never had this experience, I can promise you, I've been on the receiving 487 00:24:48.220 --> 00:24:50.060 end and it is uncomfortable. 488 00:24:50.060 --> 00:24:52.100 And that's a good uncomfortable. 489 00:24:52.100 --> 00:24:54.340 Someone's like, fuck, I owe this guy something. 490 00:24:54.420 --> 00:24:57.940 And the nice thing about this is that you just provide value. 491 00:24:57.940 --> 00:25:00.020 You go in and you don't just probably a little bit of value. 492 00:25:00.020 --> 00:25:03.940 You actually do what a full scope project would be for whatever it is that you're good at 493 00:25:03.940 --> 00:25:08.020 and you just set it up for the dude or you spent a whole day walking them through how you do this 494 00:25:08.020 --> 00:25:09.620 stuff. And you're like, well, how do you find the time for that? 495 00:25:09.620 --> 00:25:10.580 You work all the time. 496 00:25:10.580 --> 00:25:11.700 That's how you do it. 497 00:25:11.700 --> 00:25:12.740 This is work. 498 00:25:12.740 --> 00:25:16.180 And it's investing in the long-term relationships that are going to pay dividends later. 499 00:25:16.180 --> 00:25:20.660 And that means, wait, does that mean that I'm going to give to somebody and I might not get 500 00:25:20.660 --> 00:25:21.380 anything back? 501 00:25:21.380 --> 00:25:22.580 Yes. 502 00:25:22.580 --> 00:25:23.460 Yes. 503 00:25:23.460 --> 00:25:25.540 Did you say you want to be an entrepreneur and make the world a better place? 504 00:25:26.260 --> 00:25:27.940 That's what it looks like at a micro level. 505 00:25:27.940 --> 00:25:32.500 Because the ultimate leverage that you can have in a relationship is not needing anything back. 506 00:25:33.460 --> 00:25:39.460 And if you do that, you can be the guy that stacks IOUs and then when you do need to make your move, 507 00:25:39.460 --> 00:25:44.260 because you are going to do the next thing, then you've got all these blank checks ready to cash in 508 00:25:44.260 --> 00:25:46.740 and then that is how you can propel yourself way faster. 509 00:25:46.740 --> 00:25:50.260 And you just load the deck early when you don't need anything. 510 00:25:50.340 --> 00:25:54.100 The time to dig the well is not when you're thirsty, but when you have enough water. 511 00:25:54.100 --> 00:26:05.060 So that when you are thirsty, it's there.