WEBVTT

1
00:00:00.000 --> 00:00:10.660
The biggest mistake that entrepreneurs will make at that point is that they then look at the greener grass on the other side of the fence and say, man, wholesaling is actually the thing I shouldn't be doing flipping. I should be doing wholesaling.

2
00:00:10.940 --> 00:00:22.640
And then what they think is they see they have uninformed optimism, right? So they go into it being like, this is going to be amazing. And then right after that they get you know six months in and they're like, I now have informed pessimism about this opportunity.

3
00:00:23.640 --> 00:00:31.640
Welcome to the game where we talk about how to get more customers, how to make more per customer and how to keep them longer and the many failures and lessons we have learned along the way. I hope you enjoy and subscribe.

4
00:00:33.640 --> 00:00:40.640
So you have your you have husbands and wives you've got work husbands and work wise for you all actually ends up being the same.

5
00:00:40.640 --> 00:01:04.640
Dave is my work husband as much as he doesn't want to admit it. And I'm curious, you know, like I am actually at a point my wife does not work at the moment. She really does want to work doesn't necessarily she's that super passionate about real estate, but she wants to be a part of the business. Right. What are your thoughts on, you know, involving your spouse in your work. I mean, I feel like y'all can probably speak to this. Those goes. Oh, got him.

6
00:01:05.640 --> 00:01:22.640
I think it was different for us because when we met, we both were incredibly like voraciously focused on our careers slash businesses and it just so happened that they were in the same industry.

7
00:01:22.640 --> 00:01:32.640
And we had similar views on what that looked like and like what we want our futures to look like. I have a lot of people that come to me and say like how can I get my wife like interested in.

8
00:01:33.640 --> 00:01:43.640
In the business and I don't really have an answer because it's like I it wasn't like that. It was like, you know what I mean. And I like it. I liked it on my own and then I met Alex.

9
00:01:43.640 --> 00:01:48.640
Does it sound like he's saying how do I get this employee that doesn't really want to be in this role to like the role is that the same.

10
00:01:48.640 --> 00:01:56.640
Yeah, it's like, you know, if she herself has voiced interest, then I think that you make it easy for her to acquire knowledge about it.

11
00:01:56.640 --> 00:02:05.640
But I think that people have to autonomously like if someone's really actually interested, then they'll be like, can I come to work with you? Can I shadow your calls? Can I do all the start taking things from.

12
00:02:05.640 --> 00:02:12.640
They start I can do that. I can do that. I can insert themselves. Yeah. And so just like anybody else would I don't look at it like, oh, it's your wife. I look at it like it's a person.

13
00:02:12.640 --> 00:02:24.640
If they have interest, then they'll find those ways to do it. And they'll be very eager. I think that a lot of people have a great marriage and then say, well, could we also do this together?

14
00:02:24.640 --> 00:02:38.640
I don't know. You know, I think that there's so many things that we learned in the beginning and that, you know, our natural skills that fit together eliminated a lot of friction.

15
00:02:38.640 --> 00:02:49.640
But there was still friction, you know, I think in the beginning of working together, even though we had similar mission values, complimentary skill sets, like still learning to work together was a skill of its own.

16
00:02:49.640 --> 00:02:56.640
It's an ongoing thing that we have to continue to learn and get better at. And I feel like I feel like every year, I'm like, gosh, we've gotten so much better.

17
00:02:56.640 --> 00:03:00.640
Because it just continues to like, it's not if you're never finished, right?

18
00:03:00.640 --> 00:03:02.640
We, I'm sorry, go ahead.

19
00:03:02.640 --> 00:03:10.640
No, and so I think, you know, we had a very different kind of scenario. I think that there's a lot of people who want to enter that.

20
00:03:10.640 --> 00:03:18.640
But I mean, like it's kind of like I said earlier, like you pay the toll, like there's a toll that's paid, which is a learning curve. And I think it's not a matter of like weeks or months.

21
00:03:18.640 --> 00:03:21.640
It's years of learning how to work with your spouse.

22
00:03:21.640 --> 00:03:29.640
Yeah, I was just going to say that I think we actually fell in business love before we fell into like romantic love. And I've said this public before, but like I think Laila and I both loved each other the day we got married.

23
00:03:29.640 --> 00:03:34.640
I feel like I felt more in love with her the more we did business together.

24
00:03:34.640 --> 00:03:40.640
Because business was like our first date was only about business and it was four hours long. I didn't even ask her about anything else.

25
00:03:40.640 --> 00:03:46.640
She was like, Oh, I'm like, Oh, you see this stuff. She's like, Oh, yeah, I heard about these Facebook ads this years ago, right? And I was like, Oh, yeah, I'm running this.

26
00:03:46.640 --> 00:03:49.640
She's like, what, you know, I mean, like that was the whole like that was four hours, right?

27
00:03:49.640 --> 00:03:56.640
And at the end of the day, I pitched on working for me. I was like, Hey, this might not work out, but you should totally work for me. Did you still have the hangover?

28
00:03:56.640 --> 00:04:01.640
It's like the first time I drank in like two years. No, I felt okay that day.

29
00:04:02.640 --> 00:04:09.640
And at this time, she had a book of business already. So like she knew how to hunt. She knew how to kill. She had a full client roster as a personal trainer.

30
00:04:09.640 --> 00:04:13.640
And I was a gym owner just a few steps, you know, like a few career steps ahead. I was also older than her.

31
00:04:13.640 --> 00:04:21.640
And so it seems the violin inspired that you guys got married. I'm sitting here listening to you talk, thinking like you couldn't have created in a lab better partner for each other.

32
00:04:21.640 --> 00:04:32.640
I, yeah, I, I think that it was, it's very much like when people say like, how do you win the game? It's like you win in the draft.

33
00:04:32.640 --> 00:04:41.640
So what I had two questions. One is, do you feel like you fell for her as a business partner before romantic partner because your love language is business making money success?

34
00:04:41.640 --> 00:04:51.640
You've mentioned that before, right? Which led me to the next question I was thinking is we typically do it the other way where we want romantic sparks. We want butterflies and we're like, I'll make all the practical stuff work.

35
00:04:51.640 --> 00:05:03.640
But I really want to be attracted. You took the opposite approach. And from what we see now, it looks like the romantic stuff happens still like you didn't have to just wander through life until you found that person that exploded with passion.

36
00:05:03.640 --> 00:05:07.640
Do you think that's good advice for people in general that are trying to figure out who to marry?

37
00:05:07.640 --> 00:05:18.640
I will say that it has worked exceedingly well for us. And so I think Laila and I talk about this just on her own time a lot where like all the relationships that we had before this kind of were those, you know, crazy chemistry, all that stuff.

38
00:05:18.640 --> 00:05:24.640
And in the beginning of Laila and I was relationship like, literally on a second date, she was like, I just feel like you're like a friend type of guy.

39
00:05:24.640 --> 00:05:28.640
Oh, friends. Yeah. Second date. And he hadn't kissed me and I was like, what the hell?

40
00:05:28.640 --> 00:05:31.640
Yeah, was that your way of trying to tell me needed to do something different?

41
00:05:31.640 --> 00:05:32.640
Yeah.

42
00:05:32.640 --> 00:05:33.640
I love it. Okay.

43
00:05:33.640 --> 00:05:38.640
And then I just gave like the most sickening belly laugh of all time.

44
00:05:38.640 --> 00:05:39.640
Yeah, and then it's never.

45
00:05:39.640 --> 00:05:44.640
First time in my entire life, I'd ever been like my entire life that any girl had been like, you seem like a friend guy.

46
00:05:44.640 --> 00:05:46.640
I have never been a friend that ever.

47
00:05:46.640 --> 00:05:49.640
You said, if you know what you told me, you're like, I actually respect you.

48
00:05:49.640 --> 00:05:53.640
Yeah. And that was what it was. You know, I was like, I just like, I was like, I enjoy talking to you.

49
00:05:53.640 --> 00:05:54.640
Yeah.

50
00:05:54.640 --> 00:05:59.640
And I was like, I don't feel like I have to like pretend to wait for you to stop talking so that I can try and talk about something that I find more interesting.

51
00:05:59.640 --> 00:06:03.640
And so it's not like, okay, your turn now to talk about your day.

52
00:06:03.640 --> 00:06:05.640
I was like, I just want nothing to do with that.

53
00:06:05.640 --> 00:06:06.640
Like you just killed me inside.

54
00:06:06.640 --> 00:06:08.640
And so I just liked hanging.

55
00:06:08.640 --> 00:06:11.640
And I think we hung out every day after the first date.

56
00:06:11.640 --> 00:06:14.640
And we didn't go on any dates for like a month.

57
00:06:14.640 --> 00:06:18.640
And then till finally Laila was like, you have not taken me anywhere.

58
00:06:18.640 --> 00:06:19.640
But we spent all day.

59
00:06:19.640 --> 00:06:22.640
I was like, I'm going to be working here if you want to meet me there.

60
00:06:22.640 --> 00:06:24.640
And then she would just work next to me.

61
00:06:24.640 --> 00:06:26.640
And that was what we did after like the first date.

62
00:06:26.640 --> 00:06:28.640
And then I was like, I'm going to start this thing called gym launch.

63
00:06:28.640 --> 00:06:31.640
And she was like, okay, I was like, you should quit your job, join.

64
00:06:31.640 --> 00:06:32.640
Do my thing, you know.

65
00:06:32.640 --> 00:06:34.640
And still like she didn't.

66
00:06:34.640 --> 00:06:36.640
And then I did the thing and came back and I was like, look, it worked.

67
00:06:36.640 --> 00:06:40.640
And then she was like, I've heard me mention the moment that you were like, that's a girl for me.

68
00:06:40.640 --> 00:06:42.640
I don't remember the details of the story.

69
00:06:42.640 --> 00:06:46.640
I had something to do with her going overseas or out of town to go crush a gym that you had just started.

70
00:06:46.640 --> 00:06:49.640
And you hammered the getting the sign up.

71
00:06:49.640 --> 00:06:51.640
You basically filled it with lifeblood so that it could exist.

72
00:06:51.640 --> 00:06:53.640
And that was when like it clicked for you.

73
00:06:53.640 --> 00:06:54.640
Like there was something different.

74
00:06:54.640 --> 00:06:56.640
Did the romantic part change at that point?

75
00:06:56.640 --> 00:06:57.640
Do you remember?

76
00:06:57.640 --> 00:06:58.640
It didn't.

77
00:06:58.640 --> 00:06:59.640
It didn't change at that point.

78
00:06:59.640 --> 00:07:00.640
You just put it aside.

79
00:07:00.640 --> 00:07:04.640
It made too much sense as the right word.

80
00:07:04.640 --> 00:07:09.640
But it was like, she had basically like eternally earned my respect at that point.

81
00:07:09.640 --> 00:07:10.640
Like I already respected her.

82
00:07:10.640 --> 00:07:16.640
But like when she had gotten into that really tough spot or I was in that really tough spot.

83
00:07:16.640 --> 00:07:19.640
And basically, you know, at any other point, I would have expected.

84
00:07:19.640 --> 00:07:24.640
It would have been reasonable for any other person just like walk away because we split up and she went.

85
00:07:24.640 --> 00:07:27.640
And so she had quit her job to join me do this thing six months later.

86
00:07:27.640 --> 00:07:28.640
I'm like, I don't know if I can do this.

87
00:07:28.640 --> 00:07:29.640
I'm so overwhelmed.

88
00:07:29.640 --> 00:07:30.640
I've got nine businesses.

89
00:07:30.640 --> 00:07:31.640
None of them make you money.

90
00:07:31.640 --> 00:07:32.640
You know, I've got some of you stole from me.

91
00:07:32.640 --> 00:07:33.640
I had all this stuff that's going wrong.

92
00:07:33.640 --> 00:07:35.640
I just had to do why my mother's in the hospital.

93
00:07:35.640 --> 00:07:37.640
I'm just like, I have nothing left.

94
00:07:37.640 --> 00:07:42.640
And so she was like, well, I'm going to go to the launch that we're supposed to do.

95
00:07:42.640 --> 00:07:43.640
And then she broke every record.

96
00:07:43.640 --> 00:07:45.640
She still has the all-time record for the biggest launch.

97
00:07:45.640 --> 00:07:50.640
And it was like, she stood tall when shit was tough.

98
00:07:50.640 --> 00:07:54.640
And I think that's where I was like, well, wherever I want to go, I'm going to need someone like that.

99
00:07:54.640 --> 00:07:56.640
I think that's where all my best friends came from.

100
00:07:56.640 --> 00:08:02.640
Those moments when you don't feel strong, you feel vulnerable, you know you need somebody.

101
00:08:02.640 --> 00:08:04.640
And they show up for you.

102
00:08:04.640 --> 00:08:09.640
Like it creates a bond that is deeper than just an attraction they can come and can go.

103
00:08:09.640 --> 00:08:11.640
She made a hundred grand in 2040.

104
00:08:11.640 --> 00:08:14.640
At a time when you needed it, every dollar than any other time, right?

105
00:08:14.640 --> 00:08:15.640
Every dollar of it.

106
00:08:15.640 --> 00:08:19.640
Do you ever go to bed at night and just think like how awesome you are at that moment?

107
00:08:19.640 --> 00:08:20.640
Oh, this is because of me.

108
00:08:20.640 --> 00:08:22.640
You like, it was like the ninth inning.

109
00:08:22.640 --> 00:08:23.640
Yeah.

110
00:08:23.640 --> 00:08:24.640
You have a mirror.

111
00:08:24.640 --> 00:08:28.640
Two outs, you know, two strikes, ninth inning, bottom of the ninth.

112
00:08:28.640 --> 00:08:30.640
And you hit the home run that led to the New York cake.

113
00:08:30.640 --> 00:08:31.640
He's becoming the biggest brand.

114
00:08:31.640 --> 00:08:38.640
But I was just going to full circle it, which is just like a lot of people are going through the dating side of this.

115
00:08:38.640 --> 00:08:39.640
Or they're in the marriage side.

116
00:08:39.640 --> 00:08:41.640
There's two different seasons on this.

117
00:08:41.640 --> 00:08:45.640
Like if you were on the dating side, I do not give advice because I think so much of, like,

118
00:08:45.640 --> 00:08:48.640
there's so much individual variation that goes into relationships and whatnot.

119
00:08:48.640 --> 00:08:52.640
We can only comment on the fact that like, this was a very different dynamic for both of us.

120
00:08:52.640 --> 00:08:54.640
And it just so happened to have worked out.

121
00:08:54.640 --> 00:09:00.640
And all I can share is that like, if you think about something all day long every day,

122
00:09:00.640 --> 00:09:04.640
then it is very helpful to have someone else who also thinks about the exact thing.

123
00:09:05.640 --> 00:09:10.640
Like, not many people could have figured out how to hit your level language there.

124
00:09:10.640 --> 00:09:12.640
It just talks me about business all day.

125
00:09:12.640 --> 00:09:13.640
What about from your side?

126
00:09:13.640 --> 00:09:17.640
Like, what advice would you give to guys that are trying to figure out how do I get a girl in my life

127
00:09:17.640 --> 00:09:18.640
that can also work with me?

128
00:09:18.640 --> 00:09:20.640
How do I figure out if we're partners?

129
00:09:20.640 --> 00:09:25.640
I think the first piece of advice that I would give is like, what I'm so grateful for with our relationship is that

130
00:09:25.640 --> 00:09:28.640
we've never compared it to anyone else's.

131
00:09:28.640 --> 00:09:33.640
And I think that even people comparing their relationship to ours, you're going to lose.

132
00:09:34.640 --> 00:09:36.640
Because you can't be Alex and Leila.

133
00:09:36.640 --> 00:09:41.640
And I think what we've never subscribed to is like any traditional relationship norms, rules.

134
00:09:41.640 --> 00:09:44.640
Is this okay? Is that okay? Is this bad? Is this good?

135
00:09:44.640 --> 00:09:45.640
One day, never weak.

136
00:09:45.640 --> 00:09:47.640
We literally will say we're like, put in the counter.

137
00:09:47.640 --> 00:09:49.640
We don't care if it's good or bad.

138
00:09:49.640 --> 00:09:51.640
We like it and it works for us.

139
00:09:51.640 --> 00:09:54.640
And so I think everyone has to find that in their relationship.

140
00:09:54.640 --> 00:09:57.640
And I wish everyone could just release judgment of their relationship.

141
00:09:57.640 --> 00:10:01.640
And if you like it and it works for both of you, then keep doing it.

142
00:10:01.640 --> 00:10:03.640
I don't care what that looks like. I don't think anyone else does.

143
00:10:03.640 --> 00:10:09.640
But I think that we're so busy comparing ourselves and looking at, you know, people only see us on social media.

144
00:10:09.640 --> 00:10:11.640
And I do think that we're pretty transparent.

145
00:10:11.640 --> 00:10:14.640
But at the same time, it's like, you know, no one relationship looks the same.

146
00:10:14.640 --> 00:10:19.640
And so it's just hard to, you just have to stop judging yourself for whatever you do have.

147
00:10:19.640 --> 00:10:21.640
If it's working for you, yeah.

148
00:10:21.640 --> 00:10:24.640
Maybe it works better in other places that ours doesn't, you know what I mean?

149
00:10:24.640 --> 00:10:25.640
And you're just seeing one side.

150
00:10:25.640 --> 00:10:26.640
You're like, hear us on this podcast.

151
00:10:26.640 --> 00:10:27.640
You're like, man, wouldn't that be nice?

152
00:10:27.640 --> 00:10:30.640
But maybe maybe if something else that we don't have, you know what I mean?

153
00:10:30.640 --> 00:10:32.640
And we just don't know it doesn't exist.

154
00:10:32.640 --> 00:10:33.640
Yeah, and we're good with that.

155
00:10:33.640 --> 00:10:35.640
Yeah, works for us though.

156
00:10:37.640 --> 00:10:42.640
Real quick, guys, if you can think about how you found this podcast, somebody probably tweeted it, told you about it,

157
00:10:42.640 --> 00:10:44.640
shared it on Instagram or something like that.

158
00:10:44.640 --> 00:10:47.640
The only way this grows is through word of mouth.

159
00:10:47.640 --> 00:10:48.640
And so I don't run ads.

160
00:10:48.640 --> 00:10:49.640
I don't do sponsorships.

161
00:10:49.640 --> 00:10:50.640
I don't sell anything.

162
00:10:50.640 --> 00:10:52.640
My only ask is that you continue to pay it forward.

163
00:10:52.640 --> 00:10:56.640
Do whoever showed you or however you found out about this podcast that you do the exact same thing.

164
00:10:56.640 --> 00:11:00.640
So if it was a review, if it was a post, if you do that, it would mean the world to me,

165
00:11:00.640 --> 00:11:02.640
and you'll throw some good karma out there for another entrepreneur.

166
00:11:04.640 --> 00:11:08.640
Before we wrap up today, I did want to ask, you know, you mentioned Dave Ramsey a little bit earlier.

167
00:11:08.640 --> 00:11:12.640
Did you recently have like a light bulb moment in how you invest your money?

168
00:11:12.640 --> 00:11:17.640
Well, I saw a podcast that he did with Graham Stefan, however, what it was.

169
00:11:17.640 --> 00:11:21.640
But Graham had him look at his investment portfolio.

170
00:11:21.640 --> 00:11:24.640
And he was asking Dave to just analyze it.

171
00:11:24.640 --> 00:11:30.640
And before Dave looked at it, he was like, well, what I can tell you is having talked to all the billionaires that I know,

172
00:11:30.640 --> 00:11:34.640
they all tend to do one thing that they like and they're good at and they just do a lot of it.

173
00:11:34.640 --> 00:11:36.640
And so he asked the follow-up question to Graham.

174
00:11:36.640 --> 00:11:42.640
He said, okay, if this pie chart, this circle where you're total knowledge and experience and resources and connections,

175
00:11:42.640 --> 00:11:48.640
what percentage of it would be like stock market stuff, what percentage of it would be real estate, what percentage of it would be business, et cetera.

176
00:11:48.640 --> 00:11:52.640
And he's like, well, shoot, I probably say 85% of my knowledge is about real estate.

177
00:11:52.640 --> 00:11:56.640
And when he looked at the circle, 85% of his assets were real estate.

178
00:11:56.640 --> 00:12:00.640
And he's like, well, then I think this is a perfect distribution for you.

179
00:12:00.640 --> 00:12:07.640
And that one bit was what ultimately gave me, it felt like it gave me permission to do what we kind of wanted to do.

180
00:12:07.640 --> 00:12:10.640
But it didn't feel like it was right because to the point about where we're talking about relationships,

181
00:12:10.640 --> 00:12:16.640
you know, I had spoken to all the guys that I knew who were at 500 billion and up who were ahead of me and I was like,

182
00:12:16.640 --> 00:12:18.640
what should I do with this money, like how should I invest you?

183
00:12:18.640 --> 00:12:22.640
Like all this stuff, and literally every single person heading entirely of in strategy.

184
00:12:22.640 --> 00:12:24.640
And so I was like, maybe I should get hard money lending.

185
00:12:24.640 --> 00:12:28.640
Maybe I should get into, you know, like fix and flip stuff. Maybe I should just buy apartment buildings.

186
00:12:28.640 --> 00:12:30.640
Maybe we should do business invest.

187
00:12:30.640 --> 00:12:32.640
But wait, are we doing business? What if we just start another business?

188
00:12:32.640 --> 00:12:34.640
You know, like I was going through all this stuff and I just didn't know what to do.

189
00:12:34.640 --> 00:12:40.640
But when I thought about that, I was like, we like business and we're good at business.

190
00:12:40.640 --> 00:12:44.640
And so let's just, if I were to draw that circle, it would be 100% business.

191
00:12:44.640 --> 00:12:48.640
Yeah. And so our circle of assets, though high risk from the outside,

192
00:12:48.640 --> 00:12:50.640
when you're buying companies that are in two to five million in profit a year,

193
00:12:50.640 --> 00:12:58.640
which is usually around the size that we come in, those are from an investor class asset,

194
00:12:58.640 --> 00:13:02.640
considered risky, you know, risky, risky investments.

195
00:13:02.640 --> 00:13:06.640
But, you know, to quote more above, it's only risky if you don't know what you're doing, right?

196
00:13:06.640 --> 00:13:10.640
And a lot of times I'm sure there's real, I mean, to be fair, there's always, there's always bodies.

197
00:13:10.640 --> 00:13:14.640
You know what I mean? But at least if you know which closets are going to have the bodies,

198
00:13:14.640 --> 00:13:16.640
then you're like, oh, I know there's going to be bodies there.

199
00:13:16.640 --> 00:13:18.640
And you don't get, I mean, sure, we still get surprised everyone's in a while.

200
00:13:18.640 --> 00:13:22.640
But you have fewer surprises and the damage that you suffer from the surprises

201
00:13:22.640 --> 00:13:26.640
continues to go down and down. And so you can get outsized returns because you have an information advantage.

202
00:13:26.640 --> 00:13:30.640
And so that's, that was the piece that Dave gave us.

203
00:13:30.640 --> 00:13:32.640
And then that's why acquisition, we're like, well, what are we really good at?

204
00:13:32.640 --> 00:13:36.640
We're really good at scaling brick and mortar, really good at scaling services,

205
00:13:36.640 --> 00:13:38.640
both consumer service professional services. And it's like, that's what we're going to buy.

206
00:13:38.640 --> 00:13:40.640
That's what we're going to buy. Man, I watch you do that.

207
00:13:40.640 --> 00:13:44.640
And I'm just looking at this white board in front of me that you actually have the market

208
00:13:44.640 --> 00:13:46.640
very misoperative.

209
00:13:46.640 --> 00:13:48.640
You should have to illustrate it.

210
00:13:48.640 --> 00:13:50.640
It's great advice though, because everybody else is looking for what they're doing wrong.

211
00:13:50.640 --> 00:13:52.640
What's the secret? Oh, I'm doing, I'm making money this way,

212
00:13:52.640 --> 00:13:54.640
but it could be better if it was over here and they're bouncing around.

213
00:13:54.640 --> 00:13:56.640
And no one asked the question, you said, what are you good at?

214
00:13:56.640 --> 00:13:58.640
What are you happy doing?

215
00:13:58.640 --> 00:14:02.640
You make money in that and like, it's going to be a much lighter lift when, when that's what you're doing.

216
00:14:02.640 --> 00:14:06.640
And if I can tack on to that, like, let's say you've been doing something for like three years

217
00:14:06.640 --> 00:14:08.640
and you're making some money at it, right?

218
00:14:08.640 --> 00:14:12.640
In my opinion, the biggest mistake that entrepreneurs will make at that point

219
00:14:12.640 --> 00:14:16.640
is that they then look at the greener grass on the other side of the fence and say,

220
00:14:16.640 --> 00:14:20.640
man, wholesaling is actually the thing I shouldn't be doing.

221
00:14:20.640 --> 00:14:22.640
Flipping, I should be doing wholesaling.

222
00:14:22.640 --> 00:14:24.640
And that's actually even a little bit too close.

223
00:14:24.640 --> 00:14:26.640
They say crypto trading or whatever, right?

224
00:14:26.640 --> 00:14:28.640
Something a little bit more outside of the loop.

225
00:14:28.640 --> 00:14:32.640
And then what they think is they see they have uninformed optimism.

226
00:14:32.640 --> 00:14:34.640
So they go into it being like, this is going to be amazing.

227
00:14:34.640 --> 00:14:38.640
And then right after that, they get, you know, six months in and they're like, I now have informed pessimism

228
00:14:38.640 --> 00:14:40.640
about this opportunity.

229
00:14:40.640 --> 00:14:42.640
And then they go into the value of despair.

230
00:14:42.640 --> 00:14:44.640
And that's usually where they're at at your three-ish, right?

231
00:14:44.640 --> 00:14:48.640
But the thing is, is like the next part of that loop is informed optimism.

232
00:14:48.640 --> 00:14:52.640
Is it like, okay, I remember the things that I used to, that got me into this.

233
00:14:52.640 --> 00:14:56.640
And those things are true, but there are these other things that you also have to account for.

234
00:14:56.640 --> 00:15:00.640
And then you get to the fifth step, which is just like mastery achievement of the goal, whatever it is.

235
00:15:00.640 --> 00:15:04.640
And so most people just do step one, two, three over and over again.

236
00:15:04.640 --> 00:15:08.640
Uninformed optimism, informed pessimism, value of despair, switch.

237
00:15:08.640 --> 00:15:12.640
Uninformed optimism, informed pessimism, value of despair, switch.

238
00:15:12.640 --> 00:15:18.640
And so like the thing is, is that when you're at your three, the gains that you get from your three to your four

239
00:15:18.640 --> 00:15:24.640
are greater in terms of absolute return than the gains that you get from your zero to your one.

240
00:15:24.640 --> 00:15:28.640
Now you'll learn more in the first year than you do in any other year.

241
00:15:28.640 --> 00:15:32.640
But the time that you get the outsized return is your 10 to 11.

242
00:15:32.640 --> 00:15:34.640
Is your 14 to 15.

243
00:15:34.640 --> 00:15:40.640
And that's where, like, when you're, if you're thinking about like business value, it's way easier to take a business that's doing 20 million a year and take it to 25 million a year,

244
00:15:40.640 --> 00:15:42.640
than taking company from zero to five million.

245
00:15:42.640 --> 00:15:46.640
But in terms of absolute of like, which one of these is going to make you wealthier?

246
00:15:46.640 --> 00:15:50.640
The 20 to 25 is boring as it might be, is going to make you way wealthier than going from zero to five.

247
00:15:50.640 --> 00:15:54.640
And so like a lot of people start over when they really just need to push further.

248
00:15:54.640 --> 00:15:56.640
Yeah, I love that.

249
00:15:56.640 --> 00:15:58.640
So yeah, you're always going to be asking if the grass is greener.

250
00:15:58.640 --> 00:16:00.640
So we're always sitting on the other side.

251
00:16:00.640 --> 00:16:02.640
You always want to know, what is tasty wheat taste like?

252
00:16:02.640 --> 00:16:04.640
I'll call back this from the matrix.

253
00:16:04.640 --> 00:16:06.640
I know.

254
00:16:06.640 --> 00:16:08.640
I know.

255
00:16:08.640 --> 00:16:10.640
You don't have to explain your idea.

256
00:16:10.640 --> 00:16:12.640
I do.

257
00:16:12.640 --> 00:16:14.640
You don't know if I get the matrix.

258
00:16:14.640 --> 00:16:16.640
I've been sitting on that one for 50 minutes.

259
00:16:16.640 --> 00:16:18.640
Here's your way.

260
00:16:18.640 --> 00:16:20.640
There will be an opportunity for tasty wheat.

261
00:16:20.640 --> 00:16:22.640
Can you tell us a little bit about your new book coming out?

262
00:16:22.640 --> 00:16:24.640
Yeah.

263
00:16:24.640 --> 00:16:26.640
A little preview?

264
00:16:26.640 --> 00:16:28.640
Yeah, yeah, for sure.

265
00:16:28.640 --> 00:16:30.640
So the first book, 100 million dollar offers,

266
00:16:30.640 --> 00:16:32.640
has sold just under 500,000 copies with no advertising.

267
00:16:32.640 --> 00:16:34.640
Thank you.

268
00:16:34.640 --> 00:16:36.640
Pretty pumped about that.

269
00:16:36.640 --> 00:16:38.640
Just word of mouth, which has been cool.

270
00:16:38.640 --> 00:16:40.640
And that book answered the question, what do I sell?

271
00:16:40.640 --> 00:16:42.640
It's like, what do I sell to anyone?

272
00:16:42.640 --> 00:16:44.640
That's usually when someone gets into the entrepreneur journey.

273
00:16:44.640 --> 00:16:46.640
That's what they're trying to figure out.

274
00:16:46.640 --> 00:16:48.640
The next thing is like, okay, I know what I'm going to sell,

275
00:16:48.640 --> 00:16:49.640
but who do I sell to?

276
00:16:49.640 --> 00:16:53.640
It's even though I wrote all of these, like this book

277
00:16:53.640 --> 00:16:55.640
and that book actually at the same time,

278
00:16:55.640 --> 00:16:57.640
but I was like, I have to put offers out first.

279
00:16:57.640 --> 00:17:01.640
And so leads shows how to get,

280
00:17:01.640 --> 00:17:03.640
I'm going to rewind.

281
00:17:03.640 --> 00:17:05.640
If I said, hey, what is a lead?

282
00:17:05.640 --> 00:17:07.640
Right?

283
00:17:07.640 --> 00:17:09.640
People are like, oh, I know what a lead is.

284
00:17:09.640 --> 00:17:11.640
We talk about leads all the time.

285
00:17:11.640 --> 00:17:13.640
But I had a friend of mine who's not at all in business

286
00:17:13.640 --> 00:17:15.640
and very smart.

287
00:17:15.640 --> 00:17:17.640
Like a name and a phone number.

288
00:17:17.640 --> 00:17:21.640
And he was like, so is an Instagram follower elite?

289
00:17:21.640 --> 00:17:25.640
And I was like, well, I get, I mean, yeah, I guess

290
00:17:25.640 --> 00:17:27.640
that is also a lead.

291
00:17:27.640 --> 00:17:29.640
He's like, what about a YouTube subscriber?

292
00:17:29.640 --> 00:17:31.640
Well, I guess that's not really a lead.

293
00:17:31.640 --> 00:17:33.640
He's like, why not?

294
00:17:33.640 --> 00:17:37.640
And that discussion became the pillar that leads

295
00:17:37.640 --> 00:17:39.640
was built off of, which is a lead is a person you can contact.

296
00:17:39.640 --> 00:17:41.640
Period. That's what it is.

297
00:17:41.640 --> 00:17:43.640
But then when you realize that that's the definition of a lead,

298
00:17:43.640 --> 00:17:45.640
you realize you don't actually want leads.

299
00:17:45.640 --> 00:17:47.640
You want engaged leads.

300
00:17:47.640 --> 00:17:49.640
You want someone who's shown interest in the stuff you sell,

301
00:17:49.640 --> 00:17:51.640
who you can also contact.

302
00:17:51.640 --> 00:17:53.640
And getting someone from a lead to an engaged lead,

303
00:17:53.640 --> 00:17:55.640
you create something to make them take that switch.

304
00:17:55.640 --> 00:17:57.640
And then from there, it's like, okay,

305
00:17:57.640 --> 00:17:59.640
if I know how to get people to engage, what do I do to do that?

306
00:17:59.640 --> 00:18:01.640
It's like, well, you have to advertise.

307
00:18:01.640 --> 00:18:03.640
And so there's four ways that any one person can advertise.

308
00:18:03.640 --> 00:18:05.640
And there's four ways that you can get other people

309
00:18:05.640 --> 00:18:07.640
to advertise on your behalf.

310
00:18:07.640 --> 00:18:09.640
So there's only eight ways that you can get other people

311
00:18:09.640 --> 00:18:11.640
to know about your stuff.

312
00:18:11.640 --> 00:18:15.640
We've actually built, we've done over eight figures and sales,

313
00:18:15.640 --> 00:18:17.640
and each of these eight types, obviously,

314
00:18:17.640 --> 00:18:19.640
and some of them more than that.

315
00:18:19.640 --> 00:18:21.640
And so I feel really confident that I know how to build

316
00:18:21.640 --> 00:18:23.640
referral systems that generate real amounts of traction.

317
00:18:23.640 --> 00:18:25.640
I know how to build affiliate systems.

318
00:18:25.640 --> 00:18:27.640
That build real amounts of traction.

319
00:18:27.640 --> 00:18:29.640
I had to run paid ads. I know how to make content.

320
00:18:29.640 --> 00:18:31.640
I know how to do cold outbound.

321
00:18:31.640 --> 00:18:33.640
I know how to run an agency to do these things on our behalf.

322
00:18:33.640 --> 00:18:37.640
I know how to get employees to do these actions on our behalf.

323
00:18:37.640 --> 00:18:39.640
And so these are all the different ways

324
00:18:39.640 --> 00:18:41.640
for people to know about your stuff.

325
00:18:41.640 --> 00:18:43.640
And if you just know one of them,

326
00:18:43.640 --> 00:18:45.640
you can make good money.

327
00:18:45.640 --> 00:18:47.640
If you're not to do a couple of them,

328
00:18:47.640 --> 00:18:49.640
you can pretty much just write your own track.

329
00:18:49.640 --> 00:18:51.640
And that, for me, bridges the gap

330
00:18:51.640 --> 00:18:53.640
for especially the newer entrepreneurs who are coming in

331
00:18:53.640 --> 00:18:55.640
or the more experienced entrepreneurs who are like,

332
00:18:55.640 --> 00:18:57.640
okay, I'm at a million a month.

333
00:18:57.640 --> 00:18:59.640
I'm like, tell me 10 million a month.

334
00:18:59.640 --> 00:19:01.640
Like, what does that look like?

335
00:19:01.640 --> 00:19:03.640
And so the book starts chronologically

336
00:19:03.640 --> 00:19:05.640
with like, you have nothing.

337
00:19:05.640 --> 00:19:07.640
And then the end of the book basically paints the pictures

338
00:19:07.640 --> 00:19:09.640
step-by-step how to build it.

339
00:19:09.640 --> 00:19:11.640
And so it took two years,

340
00:19:11.640 --> 00:19:13.640
2,000 hours of writing time.

341
00:19:13.640 --> 00:19:15.640
So six hours a day for two years.

342
00:19:15.640 --> 00:19:17.640
Wow.

343
00:19:17.640 --> 00:19:19.640
It's the first six hours of my day every day.

344
00:19:19.640 --> 00:19:21.640
To write the book. I'm incredibly proud of it.

345
00:19:21.640 --> 00:19:23.640
And I do think it will be bigger than it offers.

346
00:19:23.640 --> 00:19:25.640
My last question for you guys.

347
00:19:25.640 --> 00:19:27.640
We've been asking everybody this today.

348
00:19:27.640 --> 00:19:29.640
My social media handle is David Reagan 24.

349
00:19:29.640 --> 00:19:31.640
I've been getting roasted by all these marketers

350
00:19:31.640 --> 00:19:33.640
that say it's boring and nobody likes it.

351
00:19:33.640 --> 00:19:35.640
Your guys are professional opinions.

352
00:19:35.640 --> 00:19:37.640
I think it's terrible is it?

353
00:19:37.640 --> 00:19:39.640
And can I just keep it?

354
00:19:39.640 --> 00:19:41.640
We're wondering if you should drop the 24.

355
00:19:41.640 --> 00:19:43.640
Someone suggested earlier maybe that he had the seven.

356
00:19:43.640 --> 00:19:45.640
So it's David Green 24, seven.

357
00:19:45.640 --> 00:19:47.640
Thoughts.

358
00:19:47.640 --> 00:19:49.640
You won't hurt my feelings.

359
00:19:49.640 --> 00:19:51.640
Oh, no. I think it's just on brand.

360
00:19:51.640 --> 00:19:53.640
Yeah, I think if you've been writing it this long, it's funny.

361
00:19:53.640 --> 00:19:55.640
Yes. That might just be part of the brand.

362
00:19:55.640 --> 00:19:57.640
Yeah, we're laughing with you, bro.

363
00:19:57.640 --> 00:19:59.640
Yeah.

364
00:19:59.640 --> 00:20:01.640
I don't know if you can get your handle at this point.

365
00:20:01.640 --> 00:20:03.640
Because like, trust me, I try to get mine.

366
00:20:03.640 --> 00:20:05.640
Yeah, someone told me hostage.

367
00:20:05.640 --> 00:20:07.640
My URL for 20 grand and I was like, no.

368
00:20:07.640 --> 00:20:09.640
No, I have the website.

369
00:20:09.640 --> 00:20:13.640
But if I switch it, now I gotta go try to get all the new stuff.

370
00:20:13.640 --> 00:20:15.640
And I am kind of a street shooter.

371
00:20:15.640 --> 00:20:17.640
I'm not really known for being this big marketing scheme.

372
00:20:17.640 --> 00:20:21.640
So you guys are saying David not a moron.

373
00:20:21.640 --> 00:20:23.640
I think it's kind of quirky if you keep the 24.

374
00:20:23.640 --> 00:20:25.640
That's a good thing.

375
00:20:25.640 --> 00:20:27.640
Kind of cute. It's all right.

376
00:20:27.640 --> 00:20:29.640
I suggested Thy David Green

377
00:20:29.640 --> 00:20:31.640
that's been shot down in every room we're in.

378
00:20:31.640 --> 00:20:33.640
So.

379
00:20:33.640 --> 00:20:35.640
I don't trust you.

380
00:20:35.640 --> 00:20:37.640
One of them is also like the real David Green.

381
00:20:37.640 --> 00:20:39.640
But I said you should do the realest.

382
00:20:39.640 --> 00:20:41.640
The real or the real real.

383
00:20:41.640 --> 00:20:43.640
I'll just give a funny anecdote on this.

384
00:20:43.640 --> 00:20:45.640
So I used to, I used to poo poo everything brand related.

385
00:20:45.640 --> 00:20:47.640
And was like, it's just quant, right?

386
00:20:47.640 --> 00:20:49.640
It's just conversion and all that stuff.

387
00:20:49.640 --> 00:20:51.640
And so our supplement company I called Prestige Labs.

388
00:20:51.640 --> 00:20:55.640
And I did it out of jokingness out of prestige worldwide.

389
00:20:55.640 --> 00:20:57.640
Yeah.

390
00:20:57.640 --> 00:20:59.640
Which was right.

391
00:20:59.640 --> 00:21:01.640
Yeah.

392
00:21:01.640 --> 00:21:03.640
And so I don't think it matters.

393
00:21:03.640 --> 00:21:05.640
I don't think it matters.

394
00:21:05.640 --> 00:21:07.640
One bit.

395
00:21:07.640 --> 00:21:09.640
Like a supplement.

396
00:21:09.640 --> 00:21:11.640
I don't think it matters a little bit.

397
00:21:11.640 --> 00:21:13.640
Ischland star restaurant from Michelin tires.

398
00:21:13.640 --> 00:21:15.640
Yeah.

399
00:21:15.640 --> 00:21:17.640
Awesome.

400
00:21:17.640 --> 00:21:19.640
If you want to find David on the socials,

401
00:21:19.640 --> 00:21:21.640
David Green 24 or possibly Thy David Green

402
00:21:21.640 --> 00:21:23.640
we'll see what we learned with that.

403
00:21:23.640 --> 00:21:25.640
You can find me at Raw Build over on Threads.

404
00:21:25.640 --> 00:21:27.640
Instagram, Youtube, Zanga.

405
00:21:27.640 --> 00:21:33.880
Vine. Vine. Oh, wow, that's all that. Unfortunately. Well, thank you guys.

406
00:21:33.880 --> 00:21:36.200
Thank you guys for having us. Really. Thanks for coming out.

407
00:21:36.200 --> 00:21:38.840
Awesome interview. And thanks for sharing so much of your personal lives as well.

408
00:21:38.840 --> 00:21:42.280
I mean, obviously people like to hear the business stuff, but I think there are a lot of human

409
00:21:42.280 --> 00:21:46.760
beings that are hearing this and thinking, oh, I'm not crazy. I don't have to do what other people

410
00:21:46.760 --> 00:21:51.480
are doing. I can look for a partner that fits into my life from a project element before we run

411
00:21:51.480 --> 00:21:55.800
off and try to get into a honeymoon. And I don't have to swipe 7,000 people on Tinder to find the one

412
00:21:55.800 --> 00:21:58.840
that hopefully ends up working out. There's a better place. He's out there, but.

413
00:22:01.160 --> 00:22:11.560
Cheers to that beautiful, beautiful.
