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Speaker 1: Hello, it's Matt Heath here with a massive self source.

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Speaker 1: My number one best selling book, A Lifeless Punishing Thirteen

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Speaker 1: Ways to Love the Life You've Got, is out now.

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Speaker 1: It's the result of a deep dive I took into

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Speaker 1: how to deal with the emotions that make our lives

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Speaker 1: more punishing than they need to be. Karan Reid wrote,

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Speaker 1: Matt has a hilarious way of articulating an important message,

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Speaker 1: highly valuable advice for Anyone. Newsroom described it as good,

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Speaker 1: very good, indeed, and under Juris Dreamy well see had

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Speaker 1: met as a deep thinking, highly intelligent human being. The

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Speaker 1: number one best selling are Lifeless Punishing Thirteen Ways to

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Speaker 1: Love the Life You've Got is available in all good

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Speaker 1: bookstores now.

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Speaker 2: It scared Bison.

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Speaker 3: Yeah, good morning.

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Speaker 2: Welcome along to the Man and Jerry Podcast Thursday, the

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Speaker 2: eleventh of July, or if you're behind the international dateline

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Speaker 2: Wednesday the tenth of July twenty twenty four. That's for

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Speaker 2: all our listeners in anywhere or east of the I'm

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Speaker 2: just thinking about where that dayline runs up through Tonga.

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Speaker 3: It's actually very good. Therefore, we don't do that enough

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Speaker 3: on this or Alaska. We should probably be doing that

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Speaker 3: mortion'tly you know, it's quarter past state in the morning.

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Speaker 3: If you're listening internationally, it's quart you know, like every

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Speaker 3: time we come out of a song. Maybe we should

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Speaker 3: do that for you, Jerry, if you could just run

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Speaker 3: us through an international clock. Wow.

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Speaker 2: We had for a while the Swatch time, which is

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Speaker 2: like it's called beat time, so it's all about beats.

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Speaker 2: So I'll have a lock up here because I mean

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Speaker 2: there's a Swatch beat time. So currently it's so a

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Speaker 2: beat is equivalent to one and twenty six point four seconds, okay,

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Speaker 2: and it means that you don't have to worry about

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Speaker 2: time zones.

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Speaker 3: Oh, I mean, this is fascinating stuff. So the idea

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Speaker 3: is that everyone runs on this beat system yep. And

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Speaker 3: so remind me how long a beat is?

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Speaker 2: One? What was it? One minute? Twenty six point four seconds?

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Speaker 4: Wow.

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Speaker 3: And that's where the same don't miss a beat comes from. No, yeah,

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Speaker 3: it is, I don't think so that is it's not music.

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Speaker 3: Don't miss a beat. That's about music. It's like, no,

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Speaker 3: how many beats to a bar? No, it's not promise,

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Speaker 3: it's about this, how many beats to a bar?

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Speaker 2: No?

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Speaker 4: Four? Well, generally four beats to about the most general.

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Speaker 3: The waltz is going to be fucking pers through. The

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Speaker 3: walts are going to be heavy. But what about the

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Speaker 3: fox trot?

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Speaker 2: What about different?

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Speaker 4: So there's different time signatures. You're talking musical theory here,

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Speaker 4: Sound Garden, like, just do things in five eight quite

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Speaker 4: a bit?

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Speaker 2: Five eight?

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Speaker 4: Yeah? Sometimes five?

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Speaker 2: How does can you do five eight? For me?

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Speaker 3: How does five a go? Yeah? Go on? Brow is

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Speaker 3: a dog shitnature?

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Speaker 2: Well, basically, I'm so you go five eight means that

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Speaker 2: you go every what sort of one on a third beat?

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Speaker 4: Eight rhythm?

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Speaker 3: Five is the amount of beats in the bar? Right,

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Speaker 3: and then you've got what kind of beats those are?

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Speaker 3: And since they forgive me if I'm wrong, it's been

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Speaker 3: a long time since music theory. But since you've got eight,

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Speaker 3: that means you're working in semiquavers? What's the half?

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Speaker 4: Oh gee, what's the crotchets?

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Speaker 3: What's the wind?

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Speaker 2: It was what quavers? Semiquavers?

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Speaker 3: What's the quarterbat wounder? Because you've got five of those

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Speaker 3: essentially in a bar? Is when I'm trying to crotch

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Speaker 3: it isn't it? Oh fuck, someone is going to know

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Speaker 3: what we're talking about. It's going to be some music

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Speaker 3: heads listening. Sorry, I thought I actually knew more about

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Speaker 3: that than what I did.

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Speaker 4: I did too, And then I'm looking at it and

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Speaker 4: I rarely know nothing. Even when I google it, I

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Speaker 4: still know nothing about it.

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Speaker 3: Yeah, what does it say? What does Google say about?

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Speaker 3: Five eighths?

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Speaker 4: Was this picture of Sting? So I'm going to blame him?

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Speaker 2: What was easy to blame Sting in these situations? I'm

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Speaker 2: just trying to find slamming tantric sexting. Hey, he was

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Speaker 2: big on the Tan Trick, wasn't he? Sting?

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Speaker 3: He was too, wasn't he.

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Speaker 2: He's big on the psychedelics and he's big on the

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Speaker 2: Tent Trick? Six?

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Speaker 3: Yeah he had, he's got He was reading a whole

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Speaker 3: bunch of books for a while they were about the

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Speaker 3: Tent Trick? Six. Did we ever find out if he

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Speaker 3: was any.

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Speaker 1: Good at it?

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Speaker 3: You know? Were there reports that coming out? Does he

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Speaker 3: have a long term partner?

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Speaker 2: Stone?

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Speaker 1: Yeah?

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Speaker 4: Say so, because it's.

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Speaker 3: A strange thing, isn't it to come home to a

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Speaker 3: partner that you've had for a wee while and you've decided,

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Speaker 3: hey baby, you know what coming too now?

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Speaker 2: Six? Yeah, that's that's a tricky thing about a long

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Speaker 2: term relationship. Isn't it sudden you start turning up with

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Speaker 2: a new maneuver and your partner's like, where did you

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Speaker 2: learn that new maneuver? I'm debuting it for the first

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Speaker 2: time here.

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Speaker 3: That's a good point.

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Speaker 2: Really, you're just daybuing that. You seem to be very

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Speaker 2: proficient at it. Yeah, no, no, I'm debuting it's new.

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Speaker 2: Have you heard that before?

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Speaker 4: No, sy Sting's wife, it's called Trudy, Trudy Styler, and

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Speaker 4: she's before. She's before talked about Sting and her having

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Speaker 4: five hour tan trick six sessions, but apparently there's also

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Speaker 4: stories about them having seven hour tent trick six sessions.

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Speaker 3: That's quite hard, and the fuck seven hours?

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Speaker 4: No one got time for the ship?

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Speaker 3: What makes six tentric?

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Speaker 2: Good question? I think it's I don't think you ejaculate, sure.

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Speaker 2: I think that's the idea is to take someone as

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Speaker 2: close as you possibly can to the brink of orgasm,

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Speaker 2: and then you and then you pull back, and then

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Speaker 2: you you and then you work it back up again,

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Speaker 2: so you're constantly no, yeah, you should beat that. There's

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Speaker 2: no talking about.

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Speaker 3: Don't worry there, We'll be doing that. I will be

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Speaker 3: one in all seriousns.

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Speaker 2: I mean maybe you do at the end of it,

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Speaker 2: but there's got nothing to do with tric.

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Speaker 3: It concerns me when things like that happen because.

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Speaker 2: You say things like that.

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Speaker 3: Yeah, because you go when you like, I didn't want

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Speaker 3: to say that, right, No, you know, and then you

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Speaker 3: say things like that and you go, oh, that's a disaster.

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Speaker 3: Anyway back to tentrics.

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Speaker 2: No, you you know what, You've just actually brought up

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Speaker 2: a code. An interesting point because do humans say, I mean,

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Speaker 2: you say things sometimes right and people say, well, you

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Speaker 2: shouldn't have said that. Well, it just came out.

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Speaker 3: Like that before. I mean, it's beat so you don't

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Speaker 3: know what it was. But you know, the question is

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Speaker 3: do we have free will? Do we have choice over

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Speaker 3: our thoughts? I say no, I say, we don't actually

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Speaker 3: have free will? Why no?

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Speaker 2: Because if you've ever meditated before, you've realized that when

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Speaker 2: you try and think of nothing, So when you try

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Speaker 2: and clear your mind and just think of nothing, a

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Speaker 2: thought will come into your head and it's got You've

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Speaker 2: not controlled it totally. You watch it come in and

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Speaker 2: you're like, where did that come from? And you realize,

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Speaker 2: where does a thought come from?

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Speaker 3: While the thing is, I suppose the argument to that,

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Speaker 3: and I agree with you. By the way, I agree

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Speaker 3: with you in it mainly because it would save me

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Speaker 3: from a lot of horrific thoughts that I have. But

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Speaker 3: I the other side of that is that aren't your

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Speaker 3: thoughts kind of coming from a place of experience, emotion

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Speaker 3: and all the things that you've felt before. Maybe so

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Speaker 3: they came from a place of you. So technically did

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Speaker 3: they come from you?

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Speaker 2: Well, they definitely come from you, do they? But are

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Speaker 2: they generated by your will?

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Speaker 4: You?

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Speaker 3: Are you?

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Speaker 2: Are you not? Are they just happening to you because

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Speaker 2: your thoughts just happened to you? You? Yeah, they do.

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Speaker 2: I mean are they affected by your surroundings? Yes, clearly.

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Speaker 2: Are they affected by the things that you've already taken

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Speaker 2: into your brain at some stage stimulus that already exists

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Speaker 2: inside of there? Yes, it's been filed away. But do

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Speaker 2: you control when it arrives? No, in my experience, you don't.

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Speaker 2: You can't. You can control what you do with it

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Speaker 2: once you once you experience the thought.

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Speaker 3: Let me put this into a metaphor, what you're saying here,

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Speaker 3: you will past the lady. Yeah, you don't have the control.

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Speaker 3: You don't have the ability to either block out the

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Speaker 3: thought if you find how attractive? Do you that that's

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Speaker 3: a thought that comes into the mind, whether you like

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Speaker 3: it or not, Yeah, you know straight away. But after

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Speaker 3: that it's up to you what you do with it. Yeah,

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Speaker 3: you're doing it well obviously.

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Speaker 2: I mean we didn't need to explain that part of it,

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Speaker 2: but yes, I feel like.

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Speaker 3: I did, because that's the part that you're talking about.

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Speaker 3: There is once the thought itself, not you, no, But

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Speaker 3: what you do after the thought is you.

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Speaker 2: Absolutely. I find it interesting because do you have some

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Speaker 2: people that say, oh, you know, I fell in love

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Speaker 2: with such and such. I couldn't help it. I just

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Speaker 2: and we fell in love and we had to. I'm sorry,

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Speaker 2: but I had to. I had to go through with it.

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Speaker 2: We fell in love. It wasn't our fault.

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Speaker 3: Love found us is And are you saying that that's

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Speaker 3: not possible, That it's very possible.

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Speaker 2: I think I'm saying it's possible. But I think to

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Speaker 2: say that that you fell in love with someone it

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Speaker 2: wasn't anything to do with you. Fact, I think there's

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Speaker 2: a you have the thought, but then take it take

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Speaker 2: it further as a as an action that you are

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Speaker 2: that you do have control over.

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Speaker 3: Do you believe in love and first sight?

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Speaker 2: Then yeah, absolutely, But.

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Speaker 3: That's kind of back to what you were saying originally,

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Speaker 3: where so maybe you can fall in love without wanting.

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Speaker 2: To, Well, you have to be open to the fact

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Speaker 2: that following through with it.

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Speaker 3: Yeah, follow through is very important, whether or not your

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Speaker 3: trent bolt or whether or not you're making love.

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Speaker 2: Yeah, I mean you shut up shop like me.

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Speaker 3: I mean you shut up shop. Yeah, it is recent

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Speaker 3: for you.

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Speaker 2: And when you shut up shop, you choose to shoot

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Speaker 2: shut up shop. You choose to shoot up shop. And look,

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Speaker 2: the thoughts will come in there, there's no doubt. But

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Speaker 2: I said, look the shops shut, that's closed.

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Speaker 3: Is that what happens?

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Speaker 2: We're doing online training only. We will send some packages

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Speaker 2: away online, but in terms of actually the store front

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Speaker 2: and turning up to the store, if there are customers

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Speaker 2: that turn up, I will I'll deal with those customers.

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Speaker 2: But we're not selling anything over the counter anymore.

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Speaker 4: And that business that you're running we've shut up shop.

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Speaker 4: Is there a lot of online business going down?

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Speaker 2: Interestingly, when the shop, when we shut up the shop,

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Speaker 2: the online business sort of dropped away.

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Speaker 3: Really. Yeah, But when you shut up shop. The jerry

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Speaker 3: did the opportunities? Did the customers still want the product?

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Speaker 2: At first, I think the customers kept coming through the door.

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Speaker 2: But more recently, as they've learned, more and more people

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Speaker 2: have been learning that the shop has shut and now

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Speaker 2: it habits, you know, consumer habits or word.

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Speaker 3: Spreads, doesn't it. Yeah, you find out your favorite shops

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Speaker 3: closed down, then you're not going to from a friend.

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Speaker 3: You're not going to go back to their shop. You're

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Speaker 3: just going to take their word for it, don't you.

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Speaker 2: Yeah. And the council hasn't helped as well because they've

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Speaker 2: created bus lanes outside my shops and you can't park

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Speaker 2: over grown, you can't park there. Oh yeah, it is

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Speaker 2: actually the mat.

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Speaker 4: The other thing is there's a lot of small businesses

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Speaker 4: that are that are failing at the moment. So there's

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Speaker 4: no shame for yours has to shut up shop.

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Speaker 2: No, No, I'm not. I'm not upset about that. Look,

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Speaker 2: it was a business that ran, It did good some

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Speaker 2: good trade in this day. Yeah, it did put some

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Speaker 2: put some food on the table, put some food on

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Speaker 2: the table and did some good trade.

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Speaker 3: It feels a bit defensive, like no one was questioning

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Speaker 3: the success of your business.

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Speaker 2: But it's good trade.

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Speaker 3: It was a successful business, but run its course. I mean,

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Speaker 3: can we have a look at the books at some point,

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Speaker 3: like I'll open the books, have been open the whole time,

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Speaker 3: it's matter of public record, or can you put the

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Speaker 3: can are those can we make those books available to

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Speaker 3: the public.

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Speaker 2: The books are available, they always have been your shot,

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Speaker 2: Like nobody's interested in those books anymore. I think people

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Speaker 2: business has finished.

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Speaker 4: Were there ever any other partners in the business that

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Speaker 4: you've had to shut up shop with? No never needed

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Speaker 4: anyone else in the partnership, No interesting, no need.

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Speaker 3: This is amazing. I didn't realize that this is so

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Speaker 3: much that goes on for you in shutting up shop.

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Speaker 2: Not really, it's it's just, yeah, it was actually very

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Speaker 2: little involved in shutting up shop. You just closed the

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Speaker 2: doors and put a sign up and don't don't turn

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Speaker 2: up to your shop very often. It's actually it is

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Speaker 2: he stopped trumming in bush, stop attending to the garden outside.

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Speaker 2: It's great. And actually the lease runs out eventually, and

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Speaker 2: and then and it's a relief, right, I'm not just

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Speaker 2: to it. It's a good day.

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Speaker 3: I just don't really think you and I thinking about

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Speaker 3: the same thing.

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Speaker 2: Hopefully we are.

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Speaker 4: I think I am. Yeah, I think ruder is I'm

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Speaker 4: open for business.

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Speaker 2: Now. I know your age. You think because you're a

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Speaker 2: small business owner, it's just starting up very small business,

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Speaker 2: and you're thinking, I can't imagine ever wanting to shut

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Speaker 2: up shops. I think I want to run this business

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Speaker 2: for the rest of my life.

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Speaker 3: That's how I feel like I've gone to I've applied

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Speaker 3: for a few for a few loans.

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Speaker 2: Suck all the capital out of that business, and and

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Speaker 2: just keep going forever. And maybe you'll even think about

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Speaker 2: passing it down to your children.

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Speaker 3: Excuse me?

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Speaker 4: Have you thought about listening at it on the nzy

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Speaker 4: Ford your business mash?

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Speaker 3: I'm just not one hundred percent sure.

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Speaker 2: If I don't think businesses get big enough to list

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Speaker 2: in terms of mesh.

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Speaker 3: Are you passing your business onto your children?

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Speaker 2: No, I'm not. No, I'm absolutely not. My children are

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Speaker 2: going to stand on their own two feet.

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Speaker 3: Right, Okay? Would you recommend that other people do?

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Speaker 2: It's just up to I don't think you want to

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Speaker 2: be any part of them. I've seen family businesses, and

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Speaker 2: I've seen what happens when you pass them on and

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Speaker 2: it's let's just say it's not good. I think it's

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Speaker 2: a big burden to pass down to your children.

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Speaker 3: Okay, you and I are definitely talking about something else now,

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Speaker 3: I don't think we are. Should we take a break

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Speaker 3: and just come back and wrap.

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Speaker 2: The shit up? Problems with your business is that you

305
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Speaker 2: thought you needed a warehouse off premises. Yeah, and you

306
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Speaker 2: made a mistake there because you didn't need that warehouse.

307
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Speaker 2: You should have just kept your business small. It's small,

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Speaker 2: Keep it small, keep it local. Just worry about the

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Speaker 2: community around you. Just service that community around you, and

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Speaker 2: don't start you're not. Got some distribution warehouse operating in Penrose.

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Speaker 2: That's that's distributing things online and all sorts of stuff.

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Speaker 2: You gotta you've got to avoid that. It'll be it'll

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Speaker 2: complicate things.

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Speaker 3: You seem to know a lot about my business I

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Speaker 3: do about my small business that's just just just started

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Speaker 3: up the past few years.

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Speaker 2: Yeah I do.

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Speaker 3: Okay, Yeah, Well I visited the shop myself, like early Doors,

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Speaker 3: I thought that I needed another distribution center that's in

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Speaker 3: the Skytower.

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Speaker 2: And you don't need it.

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Speaker 3: You don't need to do you don't need that. You

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Speaker 3: learn these things though, as you go on it, don't

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Speaker 3: You don't need it? Do you read?

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Speaker 2: Rut has opened up. He's had a warehouse that's operated before,

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Speaker 2: he said, sort of other employees, and also.

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Speaker 4: Had a couple of warehouses going yeah, ahaduses all sorts

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Speaker 4: of stuff.

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Speaker 3: And then what are you saying like now that you've

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Speaker 3: just kind of pulled things back and now you're just

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Speaker 3: your own business owner.

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Speaker 4: The thing about having multiple warehouses open is that it

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Speaker 4: can get a little bit messy. Oh yeah, and there's

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Speaker 4: always people come around and get paid. Well, that's it

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Speaker 4: what they're coming around. They're like, you've got too many

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Speaker 4: businesses open, buddy.

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Speaker 2: And you were operating You weren't even operating contractors. You

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Speaker 2: were operating full ft s yeh time employees. You're there

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Speaker 2: withholding texts for those counts, all sorts of stuff. Did

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Speaker 2: I say something I shouldn't have?

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Speaker 3: Did you ever at any point run warehouses?

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Speaker 1: No?

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Speaker 3: You had one in fucking Scotland for a while. No.

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Speaker 2: No, that was completely separate business. Okay, separate business.

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Speaker 3: You're guarded when you had to.

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Speaker 2: That was a one international business. That was a separate business,

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Speaker 2: not under the same license. That's a completely different business.

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Speaker 3: Where else you have you got international any other times,

349
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Speaker 3: your wisiness. No, actually, no, neither of I really, I mean,

350
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Speaker 3: I'm only one shop now. And then obviously the Penro's

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Speaker 3: warehouse that I opened up for a couple of weeks

352
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Speaker 3: that like that went under pretty quickly.

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Speaker 2: But yeah, careful, it's just the other that you open

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Speaker 2: up one ware house and then it's it's a lot

355
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Speaker 2: of it's a fixed cost that you're just gonna have

356
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Speaker 2: to keep paying each month. And sometimes you think this

357
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Speaker 2: is going to my business is going to expand I'm

358
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Speaker 2: going to need extra space. You don't.

359
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Speaker 3: Okay, Well, then there's two mature business owners. Well, Jerry,

360
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Speaker 3: you know you've shut up your shop, and yeah, I'm retired.

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Speaker 3: You've retired, so I appreciate.

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Speaker 4: That we're retired. You don't even you don't even a

363
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Speaker 4: little bit every now.

364
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Speaker 2: No, I do open, I do, actually, dabble heart. You

365
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Speaker 2: got to keep yourself busy.

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Speaker 3: Okay, Well, this is the thing because my grand keep,

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Speaker 3: my granddad used to have this tool shop and he

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Speaker 3: had to shut that shop up just after actually just

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Speaker 3: before my grandmother passed. But he he needs to keep busy.

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Speaker 2: Yeah, you've got a potter. You've got to potter around Potter.

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Speaker 3: He struggles with that. So I've interest to see how

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Speaker 3: you go over the next kind of couple of years

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Speaker 3: pottering around because people are used to but once you're

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Speaker 3: used to having a shop being open for so many years,

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Speaker 3: it must be quite intense as you shut up shop.

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Speaker 2: Yeah, well, your grandad never had the online part. That's

377
00:16:16,440 --> 00:16:18,080
Speaker 2: still there if you needed it.

378
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Speaker 3: No, people came into the tool shop, people came out

379
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Speaker 3: of the toolshop.

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Speaker 2: Yeah, it should have been running a little bit of

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Speaker 2: an online situation in the background.

382
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Speaker 3: Yeah, okay, and that just helps you sort of. So anyway,

383
00:16:28,000 --> 00:16:32,960
Speaker 3: there's too mature previous and current store owners, business owners,

384
00:16:33,200 --> 00:16:35,920
Speaker 3: shop owners. What would you I don't know any advice

385
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Speaker 3: for me as a twenty four year old who has

386
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Speaker 3: just started up as kind of business and that kind

387
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Speaker 3: of thing.

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Speaker 2: Just worry about your business that's in front of you.

389
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Speaker 2: Don't get a hit of yourself, try and focus in

390
00:16:45,720 --> 00:16:48,360
Speaker 2: on what you're doing, and then don't look to expand

391
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Speaker 2: that was what I'd say. Don't look, don't get, don't

392
00:16:50,960 --> 00:16:54,200
Speaker 2: get beyond yourself, don't get don't get ideas above your station.

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Speaker 4: Another thing I'd probably point out, which is possibly quite topical,

394
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Speaker 4: as well as there's no shame with the Shortland Street model,

395
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Speaker 4: which is you know, at times five nights a week

396
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Speaker 4: may be perfectly good, but then at points you're going

397
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Speaker 4: to have to cut back.

398
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Speaker 2: Yes, the Christmas periody flexible, flexible working hours.

399
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Speaker 3: Over the Christmas period Street seems to stop for kind

400
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Speaker 3: of six, seven, eight weeks.

401
00:17:19,119 --> 00:17:20,760
Speaker 4: But now they've gone from five nights a week to

402
00:17:20,800 --> 00:17:23,439
Speaker 4: three nights a week because that's all they can do

403
00:17:23,520 --> 00:17:24,800
Speaker 4: to get that quality in there.

404
00:17:24,920 --> 00:17:28,359
Speaker 3: So what you're saying is quality when it comes to

405
00:17:28,960 --> 00:17:31,440
Speaker 3: business is just as important as quantity.

406
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Speaker 4: It can for some people.

407
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Speaker 2: That's very.

408
00:17:35,440 --> 00:17:38,240
Speaker 3: Yeah, that's interesting. Well that's great advice, thanks guys.

409
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Speaker 4: Well, for some people, some Shortened Street fans would bang

410
00:17:41,000 --> 00:17:43,320
Speaker 4: it out seven nights a week. They would even a

411
00:17:43,320 --> 00:17:45,320
Speaker 4: couple of times, but it's not.

412
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Speaker 2: A strong quality of product. If your products been compromised

413
00:17:50,119 --> 00:17:53,040
Speaker 2: the by the quantity, then you've got to have a

414
00:17:53,040 --> 00:17:54,719
Speaker 2: good hard look at yourself and got to ask is

415
00:17:54,760 --> 00:17:55,640
Speaker 2: the sustainable?

416
00:17:56,000 --> 00:17:57,280
Speaker 3: Get that print a T shirt?

417
00:17:57,359 --> 00:17:59,400
Speaker 4: And sometimes when it's not sustainable, you have to ask

418
00:17:59,440 --> 00:18:02,240
Speaker 4: for help. Shorten Street did with the government. They had

419
00:18:02,240 --> 00:18:02,840
Speaker 4: to ask for help.

420
00:18:03,080 --> 00:18:05,520
Speaker 2: Don't be afraid to get a government bail out here

421
00:18:05,560 --> 00:18:07,720
Speaker 2: and there. I mean, there's working for families that you

422
00:18:07,720 --> 00:18:11,560
Speaker 2: can look at. This might be an option for you.

423
00:18:12,160 --> 00:18:14,360
Speaker 2: But also I would say this also, stay on top

424
00:18:14,400 --> 00:18:19,159
Speaker 2: of the Edmond. Yeah, don't don't pay your taxes or

425
00:18:19,359 --> 00:18:21,879
Speaker 2: do what you need to do, pay your GST because

426
00:18:21,880 --> 00:18:23,560
Speaker 2: that can come back and bite you on the arsen.

427
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Speaker 4: Yep, nothing and nothing under the table.

428
00:18:27,080 --> 00:18:31,840
Speaker 2: No, oh god, No, I know a.

429
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Speaker 4: Guy who's now now deceased, was a courier. Didn't pay us,

430
00:18:35,320 --> 00:18:37,600
Speaker 4: sender text, they caught up with them, just ruined his

431
00:18:37,680 --> 00:18:38,240
Speaker 4: whole family.

432
00:18:38,320 --> 00:18:41,800
Speaker 3: Oh yeah, that's not what you want posts, so post

433
00:18:42,000 --> 00:18:42,560
Speaker 3: you don't want.

434
00:18:42,400 --> 00:18:43,879
Speaker 4: To keep it all above board.

435
00:18:44,080 --> 00:18:46,800
Speaker 3: No, I'm quite interested in the idea of handing my

436
00:18:46,840 --> 00:18:49,800
Speaker 3: business onto my children. No, I think I mean it'd

437
00:18:49,800 --> 00:18:52,320
Speaker 3: be great. Imagine handing your business over to your oldest son.

438
00:18:52,359 --> 00:18:53,760
Speaker 3: I think that would be a great point of pride.

439
00:18:53,760 --> 00:18:56,200
Speaker 3: It's a burden when he turns eighteen. Here you go, son,

440
00:18:56,440 --> 00:18:57,200
Speaker 3: terrible burden.

441
00:18:57,320 --> 00:19:00,679
Speaker 4: I've seen some videos where like a step dif for instance,

442
00:19:00,720 --> 00:19:04,280
Speaker 4: might hand a business over to step son or vice

443
00:19:04,359 --> 00:19:06,720
Speaker 4: versa step daughter to a step father. I've seen those

444
00:19:06,800 --> 00:19:07,480
Speaker 4: kind of videos.

445
00:19:07,960 --> 00:19:10,520
Speaker 3: That's as complicated isn't it. But also what I challenge

446
00:19:10,520 --> 00:19:17,320
Speaker 3: you about those businesses is what you say here those

447
00:19:17,359 --> 00:19:20,800
Speaker 3: businesses there, I'm not sure if we are really getting

448
00:19:20,840 --> 00:19:23,840
Speaker 3: the full truth at times, you know, when I hear

449
00:19:23,840 --> 00:19:26,520
Speaker 3: about step mountains and ze getting involved businesses, I don't

450
00:19:26,560 --> 00:19:27,480
Speaker 3: know if they're.

451
00:19:27,280 --> 00:19:29,240
Speaker 2: Actually legitimate businesses.

452
00:19:29,520 --> 00:19:31,440
Speaker 4: They might not be legitimate business that's fair.

453
00:19:31,560 --> 00:19:33,280
Speaker 2: Yeah, I feel like they might be a shell company.

454
00:19:33,680 --> 00:19:36,359
Speaker 3: It feels a little bit like that. Anyway, that's great

455
00:19:36,359 --> 00:19:38,040
Speaker 3: to talk business chat today.

456
00:19:38,320 --> 00:19:42,080
Speaker 2: I think we covered some groundbre yep. So you good work.

457
00:19:42,080 --> 00:19:45,199
Speaker 3: By the way, congratulations on successful twenty thirty years of

458
00:19:45,480 --> 00:19:46,120
Speaker 3: running a shop.

459
00:19:46,240 --> 00:19:46,840
Speaker 2: Thanks very much.

460
00:19:46,840 --> 00:19:48,639
Speaker 3: I thank you for imparting that wisdom over to Meank you,

461
00:19:48,720 --> 00:19:50,640
Speaker 3: I would recommend though you might want to start tending

462
00:19:50,680 --> 00:19:53,040
Speaker 3: to that boosh. It's kind of starting to blow up.

463
00:19:53,119 --> 00:19:55,080
Speaker 2: Yeah, no, I need to do a bit more plottering.

464
00:19:55,359 --> 00:19:56,280
Speaker 2: That's what I need to do.

465
00:19:56,400 --> 00:19:58,400
Speaker 3: Okay, Well, keep us updated on that. Thanks.

466
00:19:58,440 --> 00:20:01,560
Speaker 2: I paid my taxes of money away and I saved

467
00:20:01,560 --> 00:20:03,960
Speaker 2: a little bit of money. I kept money in the business.

468
00:20:03,960 --> 00:20:05,679
Speaker 2: I didn't take it all out of the business. I

469
00:20:05,760 --> 00:20:07,159
Speaker 2: left a little bit of money in the business, a

470
00:20:07,160 --> 00:20:08,280
Speaker 2: little bit of working capital.

471
00:20:09,119 --> 00:20:12,199
Speaker 4: I do have one more important question, actually, Jerry, have

472
00:20:12,280 --> 00:20:14,240
Speaker 4: you thought about selling on your business to someone else?

473
00:20:14,960 --> 00:20:17,840
Speaker 2: I have, actually, but customers don't like that.

474
00:20:19,240 --> 00:20:20,680
Speaker 4: I actually discussed.

475
00:20:20,240 --> 00:20:24,080
Speaker 2: Once with one of my my only other employee, my

476
00:20:24,119 --> 00:20:27,560
Speaker 2: partner in the business. I discussed at some say selling

477
00:20:27,600 --> 00:20:31,840
Speaker 2: the business and then hopefully someone else buying the business

478
00:20:31,840 --> 00:20:35,280
Speaker 2: for a price, and then and then her continuing to

479
00:20:35,320 --> 00:20:37,760
Speaker 2: work inside of that business, and then buying the business

480
00:20:37,920 --> 00:20:43,119
Speaker 2: back later on, after a whole lot of capital will

481
00:20:43,160 --> 00:20:48,440
Speaker 2: be invested back into it. What a move that would be.

482
00:20:49,080 --> 00:20:52,800
Speaker 2: That's incredible, like a merger, like an acquisition. You're selling

483
00:20:52,800 --> 00:20:54,200
Speaker 2: and then you acquire it back again.

484
00:20:54,280 --> 00:20:54,720
Speaker 4: I can't.

485
00:20:54,920 --> 00:20:56,560
Speaker 2: I can't want a whole lot more capital.

486
00:20:57,359 --> 00:20:59,600
Speaker 4: I had to sell my business at a bargain basement price.

487
00:21:00,040 --> 00:21:03,480
Speaker 2: I did you, And but then you got involved in

488
00:21:03,480 --> 00:21:05,120
Speaker 2: a different you moved industries.

489
00:21:05,200 --> 00:21:08,119
Speaker 4: Yeah, I was a shareholder and in another business for

490
00:21:08,160 --> 00:21:11,000
Speaker 4: a little while. That didn't work out, which was fine,

491
00:21:11,280 --> 00:21:14,800
Speaker 4: no problems there. But my original partner in the business

492
00:21:15,320 --> 00:21:19,280
Speaker 4: went and opened a business with someone else, and then

493
00:21:19,960 --> 00:21:22,520
Speaker 4: when that business failed, and then we brought the business

494
00:21:22,520 --> 00:21:25,120
Speaker 4: back together the original one. It was a lot better.

495
00:21:26,400 --> 00:21:29,520
Speaker 3: Did you feel any of the effects from the other

496
00:21:29,560 --> 00:21:31,320
Speaker 3: business coming back because you didn't bring any of that

497
00:21:31,320 --> 00:21:32,359
Speaker 3: business back with it, did she?

498
00:21:32,560 --> 00:21:32,760
Speaker 2: Oh?

499
00:21:32,840 --> 00:21:35,600
Speaker 4: No, there were a few conversations that needed to be

500
00:21:35,640 --> 00:21:39,800
Speaker 4: had that maybe haven't been hands. But you know, you

501
00:21:39,880 --> 00:21:42,560
Speaker 4: know what, the overall thing is that the business is better.

502
00:21:42,920 --> 00:21:46,840
Speaker 4: Business has started booming, yep, and and so you've just

503
00:21:47,200 --> 00:21:49,760
Speaker 4: you've got to be thankful for that downtime.

504
00:21:50,320 --> 00:21:53,240
Speaker 2: Yeah, well, you're that's dynamic and you're being flexible. I

505
00:21:53,280 --> 00:21:56,560
Speaker 2: think being flexible inside of a business is crucial. Looking

506
00:21:56,560 --> 00:21:58,439
Speaker 2: at the market, where can we go, what can we do?

507
00:21:58,960 --> 00:22:01,800
Speaker 2: Let's look at the currently can factors. What is what

508
00:22:01,800 --> 00:22:03,440
Speaker 2: we're doing the right thing at the moment, and then

509
00:22:03,480 --> 00:22:04,760
Speaker 2: if it's not, then you can shift.

510
00:22:04,880 --> 00:22:06,240
Speaker 3: Tomorrow on the show, I think I'm going to have

511
00:22:06,240 --> 00:22:07,919
Speaker 3: to talk to you guys a little bit about my

512
00:22:07,960 --> 00:22:10,440
Speaker 3: target demo. I think I've got the demo demographic wrong

513
00:22:10,480 --> 00:22:13,040
Speaker 3: for my business. Possibly, Yeah, so maybe I could get

514
00:22:13,080 --> 00:22:15,480
Speaker 3: some advice. You know when you you know, when you

515
00:22:16,160 --> 00:22:19,119
Speaker 3: open up your business and you're and you say that

516
00:22:19,160 --> 00:22:22,560
Speaker 3: you're open to all comers, but you're not really you know,

517
00:22:22,640 --> 00:22:25,880
Speaker 3: you want like that, you want a certain niche of customer,

518
00:22:25,960 --> 00:22:27,680
Speaker 3: all that kind of thing. So maybe tomorrow on the show,

519
00:22:27,680 --> 00:22:29,440
Speaker 3: we could go into a little bit of demographic chat

520
00:22:29,480 --> 00:22:31,359
Speaker 3: and how do you kind of work around certain demos

521
00:22:31,359 --> 00:22:33,520
Speaker 3: and how do we get certain demographics coming through the

522
00:22:33,560 --> 00:22:35,280
Speaker 3: door a little bit more Alright, I'm looking for a

523
00:22:35,320 --> 00:22:39,240
Speaker 3: more mature demographic and my storefront. Ye.

524
00:22:39,440 --> 00:22:42,200
Speaker 2: Can we get Liam dan On on on the podcast

525
00:22:42,200 --> 00:22:42,879
Speaker 2: to talk about it.

526
00:22:44,400 --> 00:22:44,920
Speaker 3: I can try.

527
00:22:45,000 --> 00:22:48,560
Speaker 2: It'd be fascinating to talking about it from the hero

528
00:22:48,560 --> 00:22:49,679
Speaker 2: of Business, dear to getitor.

529
00:22:49,840 --> 00:22:52,159
Speaker 4: Plus there's there there was no shame. A couple of

530
00:22:52,200 --> 00:22:53,920
Speaker 4: years ago a lot of people went out of business

531
00:22:54,000 --> 00:22:56,800
Speaker 4: during the COVID lockdowns and that's what happened to me.

532
00:22:56,880 --> 00:22:59,359
Speaker 3: I had a business that fell through during lockdown. Yeah, yeah,

533
00:22:59,480 --> 00:23:01,520
Speaker 3: I mean the best of us shame No.

534
00:23:02,160 --> 00:23:05,720
Speaker 2: Okay, Well, tomorrow we've got Liam dan from New Zealand

535
00:23:05,760 --> 00:23:07,440
Speaker 2: Hero to talk more about business. I think we're in

536
00:23:07,440 --> 00:23:09,720
Speaker 2: a rich vein here, really yeah?

537
00:23:09,800 --> 00:23:10,240
Speaker 3: Are you sure?

538
00:23:10,320 --> 00:23:10,520
Speaker 2: Yep?

539
00:23:10,560 --> 00:23:11,680
Speaker 3: Okay? Well are we done?

540
00:23:11,760 --> 00:23:12,280
Speaker 2: Yep, We're done?

541
00:23:12,359 --> 00:23:12,760
Speaker 3: Okay.

542
00:23:14,840 --> 00:23:20,439
Speaker 1: Jerum Hello, I'm Matt Heath. You have been listening to

543
00:23:20,760 --> 00:23:24,080
Speaker 1: the Matt and Jerry Daily Bespoke podcast. Right now you

544
00:23:24,119 --> 00:23:27,080
Speaker 1: can listen to our Radio Highlights podcast, which you will

545
00:23:27,359 --> 00:23:32,359
Speaker 1: absolutely get barred up about anyway. Sit to download, like, subscribe, writer, review,

546
00:23:32,440 --> 00:23:34,960
Speaker 1: all those great things. It really helps myself and Jerry

547
00:23:35,040 --> 00:23:37,399
Speaker 1: and to a lesser extent, Mass and Ruder. If you

548
00:23:37,400 --> 00:23:39,640
Speaker 1: want to discuss anything raised in this pod, check out

549
00:23:39,640 --> 00:23:42,399
Speaker 1: the Conclave, a Matt and Jerry Facebook discussion group. And

550
00:23:42,440 --> 00:23:45,399
Speaker 1: while I'm plugging stuff, my book Are Lifeless Punishing Thirteen

551
00:23:45,400 --> 00:23:47,840
Speaker 1: Ways to Love the Life You've Got is out. Now

552
00:23:48,000 --> 00:23:50,520
Speaker 1: get it wherever you get your books, or just google

553
00:23:50,600 --> 00:23:53,800
Speaker 1: the bastard. Anyway you seem busy, I'll let you go.

554
00:23:54,200 --> 00:23:55,280
Speaker 4: Bless blessed, blessed.

555
00:23:55,320 --> 00:23:57,000
Speaker 1: Give them a taste of key we from me

556
00:24:00,160 --> 00:24:00,400
Speaker 3: Well