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Speaker 1: Ryan Ran, Daniel Moran, thanks so much for joining me today. UM.

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Speaker 1: This is a very long overdue UM interview. I'm excited

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Speaker 1: for this conversation. I've been a big fan of yours

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Speaker 1: for a long time and I've been watching my stuff,

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Speaker 1: so I love it when it comes together like that.

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Speaker 1: A couple of things that I want to talk about

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Speaker 1: just for the audience. Uh one. Uh. You have been

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Speaker 1: on a mission helping people create businesses and create like

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Speaker 1: financial freedom for themselves, branding and stuff like that, and

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Speaker 1: I want to talk to you about that because I

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Speaker 1: see this massive opportunity of the market that I want

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Speaker 1: to kind of move into and I want to talk

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Speaker 1: about that. And then I know you want to talk about,

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Speaker 1: you know, some of the bigger things in the world,

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Speaker 1: that comic form and the direction that the world is

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Speaker 1: going and things like that. Yeah, of course we're gonna

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Speaker 1: We're gonna talk about that. So so let's start there.

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Speaker 1: And the reason why I want to start there is because, um,

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Speaker 1: I think when it comes to business and branding and

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Speaker 1: you know, how do I take care of my own

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Speaker 1: personal finances, I have to navigate the bigger piece of

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Speaker 1: what's going on in the world and the reason why

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Speaker 1: I say that is my story was I started buying

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Speaker 1: bank on repos in the from the banks, fixing and

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Speaker 1: flipping homes made a bunch of money. I started a

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Speaker 1: couple of different businesses. Um, he's selling e commerce. Uh

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Speaker 1: In In two thousand one, doing e commerce was not easy. Um.

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Speaker 1: I started a medical equipment business, fortunate Exits. UM. But

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Speaker 1: I sold everything and I was all in on real

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Speaker 1: estate in southern California. And in two thousand and eight,

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Speaker 1: when the great financial crash happened, it didn't work out

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Speaker 1: very well for me. Uh, let's just say it actually

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Speaker 1: hurt worked out very bad. And and the reason why

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Speaker 1: I want to start that story is because there was

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Speaker 1: external forces like this global financial system that I wasn't

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Speaker 1: paying attention to that affected what I was doing in

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Speaker 1: my micro view of my businesses. And so UM, I

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Speaker 1: now trying to learn from my mistakes. I try to

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Speaker 1: keep a picture on the whole geopolitical picture, so then

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Speaker 1: I can navigate within that perfect sense it made, that

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Speaker 1: makes perfect sense, I think. I think that's the healthy balance,

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Speaker 1: that is the appropriate balance to strike. Whereas a lot

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Speaker 1: of our peers are absolutely obsessed with the macro story

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Speaker 1: and I happened to think that they're very, very long.

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Speaker 1: There's a very pessimistic view of the macro story, and

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Speaker 1: I think it's the wrong view. Whereas, if you're going

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Speaker 1: to be an entrepreneur, if you're going to be a

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Speaker 1: successful business owner, you have to keep the optimistic view

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Speaker 1: you have. The macro story is always optimistic. There's more

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Speaker 1: abundance today than there was twenty years ago, and that

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Speaker 1: is that is there's an alignment with the entire story

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Speaker 1: of capitalism. Ever since the seventeen hundreds, when capitalism took

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Speaker 1: over in what are now First world countries, we have

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Speaker 1: a consistent trend of growth, of solving problems, of more abundance,

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Speaker 1: and that hasn't changed. And so where I see a

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Speaker 1: lot of our peers getting it wrong is that they

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Speaker 1: have a very pessimistic view on the overall climate and

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Speaker 1: the overall opportunity, Whereas I think we have more opportunity

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Speaker 1: than ever. Okay, so there's there's a lot to unpack there,

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Speaker 1: and a lot of this is gonna be speculation, But

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Speaker 1: here's here's where I would I would go. So, first

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Speaker 1: of all, yeah, you cannot be an entrepreneur without being optimistic, absolutely,

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Speaker 1: and I know you work with a lot of would

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Speaker 1: be aspiring entrepreneurs and I have the family. I talked

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Speaker 1: to you about ideas, and a lot of times they're like, yeah,

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Speaker 1: but this bad thing is gonna happen, and this bad

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Speaker 1: thing is gonna happen, right, And I'm like, yeah, all

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Speaker 1: that will happen, and I don't care, right, And so

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Speaker 1: if you're not optimistic, you just you can't start a business.

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Speaker 1: So right up to Bab, I would also say, just

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Speaker 1: to kind of set some frame on this is that

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Speaker 1: I have said many times and I still believe. I

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Speaker 1: am super bullish on what happens when millions of entrepreneurs

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Speaker 1: backs are against the wall. No joke, no joke. And

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Speaker 1: first of all, and second of all, the only back

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Speaker 1: you need to have against the walls you're oup because

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Speaker 1: because it's a there's so much abundant, so much that

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Speaker 1: is available to entrepreneurs that if you manage your focus

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Speaker 1: and your mindset and your habits, you can't not win.

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Speaker 1: But you're absolutely right that the world changes reeled aren't

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Speaker 1: fast when you've got millions of them against the wall. Yeah. Uh,

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Speaker 1: that's where I would disagree just a little bit. Back

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Speaker 1: to my original story, Like I was focused on myself.

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Speaker 1: I ran my business is really well. I was really

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Speaker 1: good at making money. But there were external forces that

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Speaker 1: that that affected me that I didn't see. So that's

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Speaker 1: kind of where I didn't that put your back against

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Speaker 1: the wall. Didn't that set back make you put your

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Speaker 1: back against the wall? And the Yeah, I had to

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Speaker 1: die or survive, right, And you want you want big man? Yeah,

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Speaker 1: and I and I and I and I did well.

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Speaker 1: I did well. You know, I knew how to make money.

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Speaker 1: I just had to figure out this new this new environment.

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Speaker 1: But let's let's talk about So let's start with this

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Speaker 1: big picture. So a couple of things. Um One, you know,

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Speaker 1: if we go back to sevent hundreds and and all

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Speaker 1: the way forward, and you know, just looking at modern

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Speaker 1: history called the last seventy eight years, you know, obviously

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Speaker 1: there's been financial crashes all the time, the dot com

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Speaker 1: boom and the two eight boom and all these things.

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Speaker 1: But I would say that typically I would frame that

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Speaker 1: up as saying that, um, yeah, the crash has happened,

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Speaker 1: but the leaders, the powers that be whoever, um have

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Speaker 1: typically wanted things to get better. So things crashed. But hey,

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Speaker 1: let's fix it. Uh, let's make things better and let's

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Speaker 1: keep progressing. And what I'm mostly concerned with in terms

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Speaker 1: of the world, like I'm mac FORIM and and global

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Speaker 1: ISB and so forth, is I believe we're at a

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Speaker 1: point now in time where the global leaders actually don't

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Speaker 1: want things to improve, they actually want them to get worse.

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Speaker 1: And so let me let me give you a couple

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Speaker 1: of points on that. So, for example, the energy crisis

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Speaker 1: that we're in globally right, so, um, they do not

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Speaker 1: want to manage for human flourishment. They're trying to actually

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Speaker 1: destroy human flourishment. They believe that any impact of the world. Well,

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Speaker 1: it's it's not I mean, this is all written down.

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Speaker 1: It's not speculation at all. We can go we can

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Speaker 1: on the end of a second, I would challenge that,

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Speaker 1: but we can go into that deeper. So so we

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Speaker 1: can go into that. So um, it's it's it's all,

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Speaker 1: it's all written down. And so like them trying to

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Speaker 1: shut down farms in uh in uh Holland, or like

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Speaker 1: what they did in Sri Lanka, or what they've done

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Speaker 1: in Europe right by shutting down their own energy sources,

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Speaker 1: and now depending on Russia, all these situations that that

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Speaker 1: these are man made situations and so and then and

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Speaker 1: then we can talk about you know, the financial system

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Speaker 1: and so um. Like at a time when like the

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Speaker 1: buses like heading for a cliff and we can see

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Speaker 1: that there's a master and we would hope the leaders

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Speaker 1: would maybe hit the brakes or turn the wheel. They're not.

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Speaker 1: And so that's the one thing that I try to

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Speaker 1: keep in mind. I find a flaw in your logic.

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Speaker 1: May I explain? Yeah? Please? I mean that's what we're

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Speaker 1: here for. So so the way that that I heard

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Speaker 1: you describe that is you told the story and then

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Speaker 1: you listed the evidence for that. And when you have

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Speaker 1: a story of where you think the world is going

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Speaker 1: or what the agenda is for a group of people,

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Speaker 1: you can usually twist facts in order to find that

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Speaker 1: they meet the story. If you loved Trump, you were

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Speaker 1: able to forgive a whole lot of things that conservatives

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Speaker 1: would usually overlook. If you correct, yes, and you can

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Speaker 1: change the story. If you hated Trump, you can twist

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Speaker 1: any of his words to sound racist. Put it on

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Speaker 1: a headline listed on CNN dot com, and it goes

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Speaker 1: vicrel So we can all find a way to match

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Speaker 1: the beliefs that we already have. And I don't have

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Speaker 1: the same story as you, so I interpret information a

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Speaker 1: little bit differently. I don't have the story that the

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Speaker 1: powers that be want to destroy opportunity. But I we

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Speaker 1: both lived through two thousand seven and two thousand eight.

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Speaker 1: Some of us were old enough to live through the

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Speaker 1: crash in the early two thousand's, and at that time

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Speaker 1: there was also a similar story. There's a similar story

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Speaker 1: that this time the powers that be want there to

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Speaker 1: be a crisis. And you had stories about nine eleven.

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Speaker 1: You had stories about the Great Recession and how this

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Speaker 1: benefited a small group of people that had a financial

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Speaker 1: incentive for this to happen. If you believed that overall story,

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Speaker 1: that there was a desire for things to go haywire,

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Speaker 1: then you could find confirmation bias in order to support

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Speaker 1: that theory. You made the mention that you see, in

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Speaker 1: the past, we had leaders who wanted things to get better.

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Speaker 1: I mostly agree, and I see that today now. So

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Speaker 1: I just think that your original thesis of things tending

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Speaker 1: to get better applies to today and that this time

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Speaker 1: is not different. Does that make sense? Yeah, But let's

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Speaker 1: let's put a couple of facts here to to talk

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Speaker 1: about instead of the speculation. So for example, um, I've

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Speaker 1: used a chart before. I don't have an handy here,

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Speaker 1: but kind of like an ORG chart of the world.

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Speaker 1: And so you have at the top the b i

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Speaker 1: S the Bank of International Settlements, and then you have

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Speaker 1: the I m F. And then you kind of have

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Speaker 1: the policymakers down below, which would include the World Olcoming Forum.

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Speaker 1: And then down below you have the policy enforcers which

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Speaker 1: are like the governments. You have the w HR, all

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Speaker 1: those things, and then you have the governments and of

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Speaker 1: the people right say this ORG chart and so we

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Speaker 1: we know this to be true. So we have like

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Speaker 1: Mark Karney, arguably the most connected person in the world.

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Speaker 1: He worked both at the Bank of England the Bank

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Speaker 1: of Canada. He's a special Envoy to the u N

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Speaker 1: special advisor to the World Coming Forum, probably arguably the

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Speaker 1: most the most connected person there right is the most

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Speaker 1: connected and most evil men in the world. Why which

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Speaker 1: I have a fund debating those people, but please go on, well, well,

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Speaker 1: certainly he is, and we'll talk about that as well. Um,

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Speaker 1: now I don't I don't believe in this like kind

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Speaker 1: of a conspiracy theory world where there's like one small

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Speaker 1: group of people that pull all the strings on the

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Speaker 1: way that I look at it is that, Um, I

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Speaker 1: look at it like a flock of birds, um. And

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Speaker 1: you see these birds fly in this formation. It wasn't

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Speaker 1: like Hey Larry, you go over there, and hey John,

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Speaker 1: you go over there. It's like they just kind of

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Speaker 1: birds of a feather flock together, so to speak. Right,

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Speaker 1: And so a lot of these people grew up reading

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Speaker 1: the same books, going to the same schools, attending the

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Speaker 1: same things. They think alike, and they're all moving independently.

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Speaker 1: So I'm not I don't think there's just like five

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Speaker 1: people in a room that have controlled the world for

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Speaker 1: a hundred years. But anyway back to this point. So

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Speaker 1: so like a Mark Harney, super influential. He wrote a

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Speaker 1: book called Values, and I believe in reading going directly

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Speaker 1: to the source so there's not speculation, and read exactly

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Speaker 1: what he said. And uh. In that book he says that, look,

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Speaker 1: the world is not going to be better. The world

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Speaker 1: won't be better, the world will be worse. Um, in

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Speaker 1: the future, you won't be driving, you won't be flying,

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Speaker 1: you won't be eating meat. He said that any company,

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Speaker 1: any any businesses that don't go along with e st

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Speaker 1: mandates will be quote economic road kill, So there will

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Speaker 1: be no funding that will go to that, and we're

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Speaker 1: going to push that agenda. So that's what he said.

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Speaker 1: The world won't be better, it will be worse the world.

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Speaker 1: You won't be traveling, you won't be driving, you won't

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Speaker 1: be flying. So this is in are from from the

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Speaker 1: guy who's arguably one of the most influential people in

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Speaker 1: the world, wrote it in his book. That's his plan.

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Speaker 1: That's his plan. Now we can go to Klaus Schwab

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Speaker 1: who's also let's let's let's let's impact this a little

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Speaker 1: bit sure, because when you say that's his plan, what

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Speaker 1: do you mean, Well, this is what he's written, This

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Speaker 1: is his vision for the world, and this is visions.

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Speaker 1: Are these predictions, because that's a very important distinction. Well, Uh,

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Speaker 1: as as an entrepreneur, you would know that we create

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Speaker 1: our future, right, so we set a goal and we

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Speaker 1: work towards becoming that becoming a reality. Now there's is

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Speaker 1: not the same as no, it's not it's not a prediction.

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Speaker 1: It's a goal and it starts with uh, it started

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Speaker 1: it starts with actually was in the seven in the

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Speaker 1: in the seventies from the u N, which was what

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Speaker 1: was called Sustainable Development Goals SDGs UM that have now

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Speaker 1: been transformed in UM now Klaus Schwab has has has

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Speaker 1: kind of changed them to the seventeen goals now which

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Speaker 1: the SDGs are now E s G. So it's kind

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Speaker 1: of changed a little bit. But these are goals that

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Speaker 1: have been written in stone from the u N, from

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Speaker 1: you know, for the last thirty forty years. So your

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Speaker 1: your statement was about was about Mark wasn't market was

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Speaker 1: about his goals specifically. So we have a very strong

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Speaker 1: distinction that I unfortunately can't speak about this person specifically

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Speaker 1: because I'm not familiar with this person. But there is

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Speaker 1: a distinction between having a goal of not driving, of

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Speaker 1: not flying, of not eating meat, and a prediction of that.

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Speaker 1: But I would say that if those are his goals,

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Speaker 1: he's failing miserably because E s G has been a

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Speaker 1: massive failure. You now have funds that are anti E

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Speaker 1: s G. They will not invest in companies that fall along.

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Speaker 1: That's our that's our opportunity, and I want to I'm

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Speaker 1: gonna definitely talk about that. I believe as entrepreneurs we

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Speaker 1: can sway the outcome and that's where I have hope. Um, So,

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Speaker 1: what we have to understand any capitalism and markets always

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Speaker 1: self correct. So if you do, if you did have

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Speaker 1: E s G that you found to be exploitive, then

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Speaker 1: now there's funds that are going in that direction. In

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Speaker 1: E s V investment. E SG investments have been mostly negative,

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Speaker 1: they've been mostly failures, even if there is an agenda

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Speaker 1: to push that, they're they're failing, miserable. Yeah, so I

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Speaker 1: so I agree with those points that it's failing. I

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Speaker 1: believe it will fell because I have hope and I

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Speaker 1: believe it's I believe it's capitalism and entrepreneurs that will

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Speaker 1: be the ones to change always. So I agree with you.

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Speaker 1: But what but what I want to highlight is that

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Speaker 1: there is a real force going in this direction. I

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Speaker 1: believe because I'm optimistic that we will overcome and push

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Speaker 1: back and win. But we still have to understand in

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Speaker 1: a debate, you have to understand both sides, and so

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Speaker 1: we have do have to understand there are people who

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Speaker 1: are very powerful and connected to have an agenda to

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Speaker 1: push us in this direction. You meant you mentioned Mark

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Speaker 1: and if I'm not familiar with, so I can't I

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Speaker 1: can't discuss what he standing but a couple. But part

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Speaker 1: of the part of the thing is if you don't

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Speaker 1: know who he is, then that's a big blind spot

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Speaker 1: because like I said, he's arguably one of the most

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Speaker 1: powerful people in the world. I can get I would

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Speaker 1: be happy to give you this point, but once again,

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Speaker 1: if that is his agenda, he's failing miserably. And second

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Speaker 1: of all this oftentimes our peers will lump predictions in

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Speaker 1: with goals, and now I since I'm not familiar with them,

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Speaker 1: I can't comment on the argument for them being one

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Speaker 1: or the other. But well, a lot of times people

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Speaker 1: go in the direction of the World Economic Forum or

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Speaker 1: the UN agenda. They are talking about things as if

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Speaker 1: they are goals and agendas rather than being a prediction.

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Speaker 1: For example, the most common when the entire World Economic

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Speaker 1: form argument is often founded in this idea of you

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Speaker 1: will own nothing and be happy. And this quote is

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Speaker 1: attributed to Ka Schwab, but he's never said it, Like

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Speaker 1: if you want to google it, if you want to

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Speaker 1: find it, it's interesting rabbit hole because it's not there.

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Speaker 1: And if it came out of a story by Ida

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Speaker 1: whatever her name was, I know where that is. But but,

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Speaker 1: but but trying to stick on this topic for a minute.

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Speaker 1: So let's let's say, uh, these are goals or these

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Speaker 1: are plans and goals, and so we can see them

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Speaker 1: playing taking places. So these are aligned with the world

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Speaker 1: that comic form wills and these are listed on their website.

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Speaker 1: These not conspiratorial and so we can see they're already

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Speaker 1: in place. For example, Uh, ICE internal combustion engine cars

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Speaker 1: are to be phased out in most parts of the

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Speaker 1: world in the next five years and certainly in the

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Speaker 1: next eight and so this is a plan that they

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Speaker 1: want to phase out ICE vehicles. Now part of that

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Speaker 1: plan also includes, um not really having cars anymore. Instead

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Speaker 1: of all these manufacturers making individual cars, they make fleets

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Speaker 1: of cars. And these fleets of cars are like autonomous

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Speaker 1: self driving. And so in the story she talked about

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Speaker 1: she kind of highlighted this. But I have a car

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Speaker 1: that shows up and it takes me where I want

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Speaker 1: to go. Story that Yeah, I mean, she she talks

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Speaker 1: about it. But you can see all of this in policy.

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Speaker 1: And so this was a fiction piece, right, Martin. I know,

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Speaker 1: I know what it is, but you're you're describing it

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Speaker 1: as if it is an agenda. It was a fiction piece,

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Speaker 1: but there's laws on the books. Every nation has already

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Speaker 1: put out a goal of getting rid of ice vehicles

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Speaker 1: by certain dates for example, or getting too net zero

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Speaker 1: or or whatever it is, or getting rid of fossil fuels.

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Speaker 1: So these are dates and these are goals that they

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Speaker 1: have said. You are are you making the correlation that

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Speaker 1: the governments are in step with a fiction piece written

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Speaker 1: by a member of the Danish parliament. Push push that

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Speaker 1: to the push push push that that article to the side.

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Speaker 1: I don't even care about that. I'm talking about actual

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Speaker 1: policies that have been place, and the objective of getting

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Speaker 1: rid of fossil fuel use it's a big one. Yeah, okay, yeah,

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Speaker 1: you see this as a negative for society. So uh well,

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Speaker 1: so if the goal is for us not to be

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Speaker 1: traveling anymore by car by plane, and we have actual

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Speaker 1: policies that have been set, like I said, getting rid

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Speaker 1: of automobiles for example, restricting our ability to travel, which

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Speaker 1: he said that that's the goal in the book, and

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Speaker 1: we already have policies going into place to do that.

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Speaker 1: So for example, um, we have now carbon trackings uh uh,

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Speaker 1: scores that are being put through with master Card on

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Speaker 1: credit cards, they're trying it with banks with CBDCs, and

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Speaker 1: of course that's written on the on the book. So

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Speaker 1: of of these goals of of these multilational companies like

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Speaker 1: the World Coming Forum. So these are their policies and

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Speaker 1: their goals to get us to this end result of

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Speaker 1: this net it's whose goals to get us to not

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Speaker 1: drive and not Cloud Schwab, Mark Karney. Um, Okay, give

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Speaker 1: me an example of where Cloud Schwab has said that

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Speaker 1: this is their agenda. Because I think you're you have

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Speaker 1: confirmation bias here because you started that sentence by saying

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Speaker 1: it's that is their goal. It's not. It's not confirmation bias.

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Speaker 1: When they have an agenda to get to net zero

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Speaker 1: by a certain date, then you have to go, well,

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Speaker 1: how do they think that we'll get there? So any

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Speaker 1: goal without a plan is just a dream. So a

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Speaker 1: goal must have a plan. So then they have a

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Speaker 1: plan and they spell it out, right, they spell it out. So, um,

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Speaker 1: having to restrict movement, cut down on carbon on airplanes

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Speaker 1: and cars is part of those steps that get us

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Speaker 1: to that end goal. Now we can talk about if

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Speaker 1: we have achieved there. So like Vanguard has abandoned their

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Speaker 1: zero goal, right, So like I believe it will fail,

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Speaker 1: But that doesn't change the fact that these aren't written

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Speaker 1: stated goals that they're working towards. Okay, there's I feel

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Speaker 1: like a mosquito at a nudest colony. There's so many

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Speaker 1: things to look at and discover and to go in,

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Speaker 1: and I don't know quite where to start. So let's

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Speaker 1: let's start here. If the goal is to be carbon

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Speaker 1: net zero by a certain date, we both agree the

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Speaker 1: marketplace will get there faster than governments ever can. You

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Speaker 1: don't need to have a removal of travel and a

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Speaker 1: removal of vehicles in order to achieve that. The marketplace

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Speaker 1: is already doing that at unprecedented speed. No, yes it is. Well,

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Speaker 1: so I'm for free markets, so I agree with you. However,

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Speaker 1: their goals are unrealistic and unattainable, and the only way

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Speaker 1: to achieve those goals is not through technology. We don't

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Speaker 1: have the technology for that. The only way to achieve

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Speaker 1: those goals is to actually stop doing I don't agree.

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Speaker 1: I simply don't agree, and I don't think we we

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Speaker 1: We don't need a technology to achieve net zero in

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Speaker 1: seven years. We're very quickly getting there. We are very

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Speaker 1: quickly advancing that technology. I mean what technology as we

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Speaker 1: sit here, nuclear fusion just became Did you change did

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Speaker 1: you did you read did you read into that? Though?

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Speaker 1: That was a big piece, that was a big PR piece.

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Speaker 1: The technology is still far off, but it was many

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Speaker 1: decades bring many decades away from that. I don't know

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Speaker 1: that it's many decades. I mean, if you look at

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Speaker 1: the speed of change, even with electric vehicles, we would

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Speaker 1: never have predicted that we were here by now. We

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Speaker 1: never would have. Yes, electric vehicles are basically a PR

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Speaker 1: stunt as well. They make up a small percentage and

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Speaker 1: they're not scalable. We we can't produce batteries. We don't

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Speaker 1: have the battery technology to do that. And that's why

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Speaker 1: a big part of Elon's vision is solar. And solar

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Speaker 1: is also uh not going to work, very very very simple.

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Speaker 1: This this this, this is not this is not really debatable.

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Speaker 1: So in order to have wind or solar, you have

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Speaker 1: to have wind and so wind and sun and so

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Speaker 1: what you can easily do And I have a chart.

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Speaker 1: I let's see if I can pull it up while

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Speaker 1: I'm talking to you. Actually we can. I don't know

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Speaker 1: if I can share my screen. Um, and so what

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Speaker 1: you do is you go, well, most of the world

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Speaker 1: isn't sunny enough to run solar, and most of the

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Speaker 1: world doesn't have enough wind to power wind and solar.

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Speaker 1: So what you do is you you can map out

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Speaker 1: the world. I have a map, I'll pull it up here. Well, well,

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Speaker 1: here's here's here's the fly of senior logic. We started

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Speaker 1: this conversation by talking about what happens when millions of

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Speaker 1: entrepreneurs have their backs against the wall, and we agree

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Speaker 1: that capitalism is the fastest way to create change, the

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Speaker 1: fast way to create well, we agree with the market

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Speaker 1: is the way that you create innovation in order to

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Speaker 1: solve the world's problems. The only place where we disagree

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Speaker 1: is whether or not there are malevolent leaders who are

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Speaker 1: trying to destroy what capitalists have built. And where I

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Speaker 1: fall on this is that the entrepreneur who are solving

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Speaker 1: these problems are doing them at faster and faster rates,

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Speaker 1: and that the rate of change is going to increase

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Speaker 1: in our favor in order to be able to solve

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Speaker 1: these problems. And I think that most leaders know that,

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Speaker 1: and that they can see the trend of energy becoming

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Speaker 1: free as the result of technological innovation, that they can

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Speaker 1: see exactly how we're going to get there, and we

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Speaker 1: don't need government force in order to achieve those aims.

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Speaker 1: So tell me this map that you've got a couple

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Speaker 1: of things, wind and solar. So what you have to

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Speaker 1: do is you have to kind of map out where

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Speaker 1: wind and solar would even be practical. So, for example,

430
00:20:35,960 --> 00:20:37,800
Speaker 1: you see the United States up there. The blue in

431
00:20:37,840 --> 00:20:41,119
Speaker 1: the middle is where wind there's enough wind two runs windmills.

432
00:20:41,119 --> 00:20:43,680
Speaker 1: The green is where you haven't produced. This will be

433
00:20:43,800 --> 00:20:45,800
Speaker 1: by Peter's ion. You can see how the bottom rights

434
00:20:45,840 --> 00:20:49,600
Speaker 1: ion geopolitics. Okay, and he's got all the sources listed

435
00:20:49,600 --> 00:20:53,960
Speaker 1: there on the bottom left in R, E, L, d Oe, Arena, E, PA, etcetera.

436
00:20:54,119 --> 00:20:57,280
Speaker 1: And so um, where does wind and solar make sense?

437
00:20:57,280 --> 00:20:58,800
Speaker 1: Wh where you have enough wind and solar So you

438
00:20:58,800 --> 00:21:01,560
Speaker 1: can see their America is blessed, right, America is the

439
00:21:01,560 --> 00:21:03,560
Speaker 1: most God blessed piece of land in the world. And

440
00:21:03,560 --> 00:21:05,600
Speaker 1: so we have plenty of wind in the middle, we

441
00:21:05,640 --> 00:21:08,320
Speaker 1: have plenty of sun in the southwest. That's great. But

442
00:21:08,680 --> 00:21:10,480
Speaker 1: as you can see, the rest of the world isn't

443
00:21:10,480 --> 00:21:13,879
Speaker 1: so lucky. Australia looks really well. Um, the south of

444
00:21:13,920 --> 00:21:16,439
Speaker 1: South America looks okay, but most of South America is

445
00:21:16,480 --> 00:21:17,960
Speaker 1: not good. Um. And then what you have to do

446
00:21:18,000 --> 00:21:19,320
Speaker 1: is you have to take where is wind and solar

447
00:21:19,359 --> 00:21:21,560
Speaker 1: work and then within a thousand miles of a major city,

448
00:21:21,560 --> 00:21:24,400
Speaker 1: because you can't move energy across the world to within

449
00:21:24,400 --> 00:21:26,320
Speaker 1: a thousand miles. So this this kind of shows you

450
00:21:26,359 --> 00:21:28,480
Speaker 1: where wind and solar would work in the world. The

451
00:21:28,480 --> 00:21:32,439
Speaker 1: other problem with wind and solar obviously is um is uh,

452
00:21:32,800 --> 00:21:35,520
Speaker 1: it's not doesn't it's not windy, and it's not it's

453
00:21:35,520 --> 00:21:37,280
Speaker 1: not sunny all the time. And so what we've seen

454
00:21:37,359 --> 00:21:39,840
Speaker 1: just in the last couple of months in Europe is

455
00:21:39,880 --> 00:21:42,680
Speaker 1: they had a very low windier like who would have thought,

456
00:21:42,720 --> 00:21:45,360
Speaker 1: you know, low windier. And so now all the all

457
00:21:45,400 --> 00:21:47,600
Speaker 1: the wind that they've built isn't produced enough energy and

458
00:21:47,600 --> 00:21:49,800
Speaker 1: then you can't store it so in order to store

459
00:21:50,040 --> 00:21:55,040
Speaker 1: enough energy. So for the United States, so with technology today,

460
00:21:55,359 --> 00:21:57,879
Speaker 1: with the technology and so this this goes back to

461
00:21:58,000 --> 00:22:01,920
Speaker 1: so you have you have the website capitalism dot com.

462
00:22:02,359 --> 00:22:05,560
Speaker 1: You're obvious you're obviously a capitalist as am I and

463
00:22:05,720 --> 00:22:08,920
Speaker 1: I believe that I believe that humans have an infinite

464
00:22:08,960 --> 00:22:12,200
Speaker 1: return because there's no limit to our imagination. And because

465
00:22:12,200 --> 00:22:14,560
Speaker 1: there's no limit to our imagination, there's no limit to

466
00:22:14,560 --> 00:22:17,359
Speaker 1: what we can achieve. I believe that, but there are

467
00:22:17,520 --> 00:22:20,600
Speaker 1: limitations within timeframes. So I believe I could go make

468
00:22:20,600 --> 00:22:23,200
Speaker 1: a billion dollars. I probably can't make a billion dollars

469
00:22:23,200 --> 00:22:27,560
Speaker 1: by tomorrow, right, it's just limit. Right, So there's limitations, right,

470
00:22:27,600 --> 00:22:30,040
Speaker 1: So you have part of goal stutting is learning how

471
00:22:30,040 --> 00:22:33,159
Speaker 1: to set realistic goals. And so, um, I could probably

472
00:22:33,160 --> 00:22:35,919
Speaker 1: become a billionaire, but probably not by tomorrow, probably not

473
00:22:35,960 --> 00:22:37,679
Speaker 1: by the end of the week or the end of

474
00:22:37,680 --> 00:22:40,600
Speaker 1: this year, right, it might take me five or ten whatever. Right,

475
00:22:40,720 --> 00:22:43,320
Speaker 1: And so when you hear Biden go on and say, oh,

476
00:22:43,359 --> 00:22:45,639
Speaker 1: we're just magically gonna have net zero in five in

477
00:22:45,680 --> 00:22:49,400
Speaker 1: three years from now, well, we could probably get there. Um,

478
00:22:49,440 --> 00:22:51,399
Speaker 1: there's lots of things we could do right now today

479
00:22:51,440 --> 00:22:53,560
Speaker 1: that would help us get there, like switching to nuclear,

480
00:22:53,600 --> 00:22:56,120
Speaker 1: for example, But to build out nuclear is gonna take

481
00:22:56,119 --> 00:22:58,560
Speaker 1: a decade, right, so we can't get there by then.

482
00:22:59,160 --> 00:23:01,399
Speaker 1: And so when you have and the problem that we have,

483
00:23:01,440 --> 00:23:03,840
Speaker 1: and of course you're a capitalist, one of the biggest

484
00:23:03,840 --> 00:23:05,600
Speaker 1: threats and I don't know if you can debate this one.

485
00:23:05,640 --> 00:23:08,280
Speaker 1: But obviously Klaus Schwab as well as a lot of

486
00:23:08,359 --> 00:23:10,080
Speaker 1: let leaders, and we're seeing the United States. But Klaus

487
00:23:10,119 --> 00:23:13,280
Speaker 1: Schwab is pushing something called stakeholder capitalism or what he

488
00:23:13,320 --> 00:23:16,280
Speaker 1: calls a public private partnership, which of course is the

489
00:23:16,320 --> 00:23:18,879
Speaker 1: opposite of capitalism. And so the problem is when you

490
00:23:18,880 --> 00:23:21,320
Speaker 1: have the opposite of capitalist, when you have centrally since

491
00:23:21,400 --> 00:23:24,720
Speaker 1: centrally commanded economies that try to dictate everything from top down.

492
00:23:24,920 --> 00:23:28,320
Speaker 1: They don't have the information from a market economy, they

493
00:23:28,359 --> 00:23:30,600
Speaker 1: don't have the information of entrepreneurs, and so they just

494
00:23:31,119 --> 00:23:33,720
Speaker 1: We're gonna have unicorns in our backyard that poop skittles.

495
00:23:33,800 --> 00:23:37,399
Speaker 1: It's like, no, no, we're not realistic. I view this

496
00:23:37,440 --> 00:23:40,000
Speaker 1: is the same way that I view the term conscious capitalism,

497
00:23:40,240 --> 00:23:43,240
Speaker 1: which was coined by my friend John Mackie. John Mackie

498
00:23:43,240 --> 00:23:45,960
Speaker 1: is the founder of Whole Foods. He lives here in Austin, Texas.

499
00:23:46,040 --> 00:23:48,080
Speaker 1: He's an acquaintance of mine, have been to his house,

500
00:23:48,080 --> 00:23:49,960
Speaker 1: he's spoken at our events, and I have the same

501
00:23:50,040 --> 00:23:53,240
Speaker 1: view of his philosophy on conscious capitalism. My view is

502
00:23:53,280 --> 00:23:57,320
Speaker 1: that capitalism is naturally conscious, that capitalism is better for

503
00:23:57,400 --> 00:24:00,080
Speaker 1: both parties and all parties that are involved. And so

504
00:24:00,240 --> 00:24:02,440
Speaker 1: we don't need to call it conscious capitalism. I see

505
00:24:02,480 --> 00:24:05,840
Speaker 1: that as Yeah, I don't even know what that means.

506
00:24:05,840 --> 00:24:10,240
Speaker 1: But conscious capitalism is basically the same state coortal capitalism,

507
00:24:10,280 --> 00:24:12,639
Speaker 1: where you look at casting a vision or building a

508
00:24:12,680 --> 00:24:15,240
Speaker 1: business in a way that benefits all parties, and you

509
00:24:15,280 --> 00:24:18,760
Speaker 1: start the business from that view, and that's great, that's wonderful,

510
00:24:18,880 --> 00:24:22,600
Speaker 1: except capitalism is already naturally leaning in that direction, and

511
00:24:22,720 --> 00:24:25,280
Speaker 1: you stake colder capitals in the exact same way. It's better.

512
00:24:26,720 --> 00:24:29,439
Speaker 1: But yeah, but we're talking about the partnership between public

513
00:24:29,440 --> 00:24:31,880
Speaker 1: and private. But what Cloud Swab is is who are

514
00:24:31,920 --> 00:24:33,840
Speaker 1: the stakeholders? And the stakeholders are the two hundred or

515
00:24:33,880 --> 00:24:37,360
Speaker 1: so companies that they've listed, and so really it's, uh,

516
00:24:37,400 --> 00:24:40,560
Speaker 1: it's Marxism or communism just rebranded, is what they're trying

517
00:24:40,560 --> 00:24:43,240
Speaker 1: to push. And so that's in Marxism or communism is

518
00:24:43,280 --> 00:24:46,160
Speaker 1: not compatible with capitalism. It's the opposite, right, And so

519
00:24:46,240 --> 00:24:48,320
Speaker 1: we have that's true, But that is a big jump

520
00:24:48,320 --> 00:24:51,000
Speaker 1: in logic. I mean, you just you just went from

521
00:24:51,040 --> 00:24:54,240
Speaker 1: my interpretation of what Cloud Schwab is doing is Marxism

522
00:24:54,240 --> 00:24:57,360
Speaker 1: with a different name, and Marxism and capitalism are antithetical.

523
00:24:57,480 --> 00:25:01,200
Speaker 1: Therefore claud Schwab is antithetical to capital is Um. Those

524
00:25:01,200 --> 00:25:04,600
Speaker 1: were really big leaps in beliefs, and I just don't

525
00:25:04,640 --> 00:25:07,440
Speaker 1: have the same understanding of it. I think Klashwab is

526
00:25:07,520 --> 00:25:11,160
Speaker 1: very benign and mostly a nothing burger, and that as

527
00:25:11,800 --> 00:25:14,280
Speaker 1: as undangerous as a human as they could be. And

528
00:25:14,280 --> 00:25:16,280
Speaker 1: the reason that matters to me is because I see

529
00:25:16,320 --> 00:25:19,000
Speaker 1: so many of our peers putting their energy into trying

530
00:25:19,000 --> 00:25:21,119
Speaker 1: to defeat this organization, where they could just put their

531
00:25:21,200 --> 00:25:23,800
Speaker 1: energy into building really really great stuff and not have

532
00:25:23,920 --> 00:25:27,080
Speaker 1: to worry about these big nothing burgers in the media.

533
00:25:27,160 --> 00:25:28,800
Speaker 1: So I just don't interpret it the same way that

534
00:25:28,880 --> 00:25:32,480
Speaker 1: you do, and I think you're making leaps in logic

535
00:25:33,080 --> 00:25:39,160
Speaker 1: that are leading a confirmation bias. That's my take, okay, um,

536
00:25:39,200 --> 00:25:43,640
Speaker 1: you know, I uh I Again, I go back and say,

537
00:25:44,119 --> 00:25:48,000
Speaker 1: go read their stuff, and have you read this book?

538
00:25:48,040 --> 00:25:51,919
Speaker 1: Have you read Klashwab's books? You read You've read The

539
00:25:51,920 --> 00:25:54,480
Speaker 1: Great Reset, you read the Fourth Industrial Revolution? And there

540
00:25:54,520 --> 00:25:57,400
Speaker 1: are plenty of things that I disagree with. There are

541
00:25:57,400 --> 00:26:00,520
Speaker 1: plenty of things that I think his analysis in correct on,

542
00:26:00,800 --> 00:26:05,600
Speaker 1: and I certainly don't want him to uh be making

543
00:26:05,680 --> 00:26:09,120
Speaker 1: policy decisions in the United States certainly don't want them.

544
00:26:09,160 --> 00:26:12,320
Speaker 1: And if any government were to adopt some of those things,

545
00:26:12,600 --> 00:26:14,840
Speaker 1: then I would push them. I would push against them.

546
00:26:14,880 --> 00:26:18,280
Speaker 1: I'm glad that the build back Better plan failed. I'm

547
00:26:18,280 --> 00:26:21,840
Speaker 1: glad that E. S. G has funds that are against it.

548
00:26:22,160 --> 00:26:24,680
Speaker 1: That's the that's the role of the marketplace. I just

549
00:26:24,800 --> 00:26:28,080
Speaker 1: don't see it as dangerous because he has no power,

550
00:26:28,280 --> 00:26:31,000
Speaker 1: He even has very little influence. So there's plenty of

551
00:26:31,000 --> 00:26:35,160
Speaker 1: things that I disagree with. But when I don't when

552
00:26:35,160 --> 00:26:38,560
Speaker 1: he bragged that, so when he bragged on that he's

553
00:26:38,920 --> 00:26:44,160
Speaker 1: implemented over to hun governments with his young leaders, that's

554
00:26:44,200 --> 00:26:46,200
Speaker 1: not real. That's all fake. You could say the same

555
00:26:46,200 --> 00:26:50,119
Speaker 1: thing about Harvard. You now, it's important, like if you want,

556
00:26:50,280 --> 00:26:52,119
Speaker 1: you can go in and you can look at what

557
00:26:52,160 --> 00:26:56,000
Speaker 1: they're teaching in the Young Global Leaders Associate. You can't.

558
00:26:56,080 --> 00:26:57,520
Speaker 1: You can't say the same of the Harvard And it

559
00:26:57,600 --> 00:26:58,960
Speaker 1: goes back to what I said, like the birds of

560
00:26:58,960 --> 00:27:00,679
Speaker 1: a feather flock together. So of these people that have

561
00:27:00,720 --> 00:27:02,760
Speaker 1: all been kind of trained together and then they go

562
00:27:02,760 --> 00:27:04,240
Speaker 1: out into the world, and so they're not all being

563
00:27:04,280 --> 00:27:06,159
Speaker 1: held together by one puppet guy, but they are all

564
00:27:06,240 --> 00:27:08,600
Speaker 1: taught the same things like most of our government. Hillary Clinton,

565
00:27:08,600 --> 00:27:10,560
Speaker 1: Obama came from Colombia and you go back and look

566
00:27:10,560 --> 00:27:13,160
Speaker 1: at what does Columbia teach. Well, it doesn't teach anything good.

567
00:27:13,160 --> 00:27:15,760
Speaker 1: And then no wonder, no wonder. Obama and Hillary have

568
00:27:15,800 --> 00:27:18,640
Speaker 1: these worldviews because that's where they learned. Right, that's exactly right,

569
00:27:19,000 --> 00:27:20,720
Speaker 1: exactly right. And you can say the same thing about

570
00:27:20,720 --> 00:27:24,200
Speaker 1: Austrian economists, right, I come from a very Austrian view

571
00:27:24,600 --> 00:27:26,560
Speaker 1: of economics. You could say, well, all these people come

572
00:27:26,600 --> 00:27:29,040
Speaker 1: from this line of thought, therefore they believe these things.

573
00:27:29,440 --> 00:27:32,000
Speaker 1: You can do the same thing with young global leaders.

574
00:27:32,359 --> 00:27:36,919
Speaker 1: But the differences Austrian economics believes in human action and

575
00:27:36,960 --> 00:27:42,440
Speaker 1: believes in freedom and savings, and like everybody's thought process,

576
00:27:42,520 --> 00:27:45,199
Speaker 1: they believe that they're the right one. Otherwise I have

577
00:27:45,359 --> 00:27:47,639
Speaker 1: them I would disagree on that. And I was actually

578
00:27:47,680 --> 00:27:50,320
Speaker 1: asked this question by somebody, and somebody said, how do

579
00:27:50,400 --> 00:27:52,560
Speaker 1: you know you're on the right side? And that's kind

580
00:27:52,600 --> 00:27:54,800
Speaker 1: of the question that that that you're posing right, How

581
00:27:54,840 --> 00:27:56,639
Speaker 1: do you know you're on the right side? And I

582
00:27:56,680 --> 00:27:59,600
Speaker 1: would say I believe I'm on the right side, because

583
00:27:59,720 --> 00:28:03,080
Speaker 1: I'm not trying to tell anybody else what to do.

584
00:28:03,520 --> 00:28:06,040
Speaker 1: Nor am I trying to artificially create money out of

585
00:28:06,080 --> 00:28:08,120
Speaker 1: thin air and steal through inflation. So I'm not doing

586
00:28:08,119 --> 00:28:10,600
Speaker 1: any of that. I believe the side that's trying to

587
00:28:10,680 --> 00:28:12,520
Speaker 1: tell you what to inject into your body, or what

588
00:28:12,560 --> 00:28:14,080
Speaker 1: you can and can't eat, or what you can and

589
00:28:14,080 --> 00:28:15,840
Speaker 1: can't do for business, and it's trying to steal from

590
00:28:15,880 --> 00:28:18,239
Speaker 1: your wealth, I believe they're in the wrong. So I

591
00:28:18,240 --> 00:28:20,480
Speaker 1: believe in freedom, and so I believe freedom is always

592
00:28:20,480 --> 00:28:23,160
Speaker 1: the right side. So you, you and I agree that

593
00:28:23,359 --> 00:28:27,240
Speaker 1: freedom is the most important value to defend. We absolutely

594
00:28:27,240 --> 00:28:31,199
Speaker 1: believe that. And we also agree that any entity or

595
00:28:31,320 --> 00:28:34,920
Speaker 1: large organization that is a threat to freedom needs to

596
00:28:34,960 --> 00:28:38,800
Speaker 1: be distrusted and needs to be eradicated. Maybe too strong

597
00:28:38,840 --> 00:28:40,400
Speaker 1: of a word, but at least we need to be

598
00:28:40,440 --> 00:28:43,800
Speaker 1: skeptical of anything that comes and encroaches upon anyone's freedom.

599
00:28:44,040 --> 00:28:48,800
Speaker 1: We both agree there. I just don't fear organizations that

600
00:28:48,840 --> 00:28:51,800
Speaker 1: push up against that because freedom and capitalism always win,

601
00:28:52,440 --> 00:28:57,120
Speaker 1: always longer. You can temporarily hold back freedom, but it

602
00:28:57,160 --> 00:29:00,320
Speaker 1: never goes away because all that does is in reese

603
00:29:00,360 --> 00:29:04,880
Speaker 1: the demand for individual freedom. We have a very liberating

604
00:29:04,920 --> 00:29:08,000
Speaker 1: trend because freedom cannot be put back in the bag.

605
00:29:08,080 --> 00:29:11,640
Speaker 1: It can't be put back in. It's shoul have been

606
00:29:11,640 --> 00:29:14,320
Speaker 1: putting a bag for a long time. In North Korea, well,

607
00:29:14,360 --> 00:29:17,480
Speaker 1: they've never had it. If you if you open, they've

608
00:29:17,520 --> 00:29:19,960
Speaker 1: never had it before. Before the Communists took over in

609
00:29:19,960 --> 00:29:21,480
Speaker 1: North Korea, they didn't have it. You have it in

610
00:29:21,520 --> 00:29:24,000
Speaker 1: South Korea and all you have a demand for freedom

611
00:29:24,040 --> 00:29:26,959
Speaker 1: bubbling up there, and eventually that will break through. You

612
00:29:26,960 --> 00:29:29,600
Speaker 1: can try to restrict it in small places, you can

613
00:29:29,640 --> 00:29:32,200
Speaker 1: try and push it back temporarily, but long term it

614
00:29:32,320 --> 00:29:35,320
Speaker 1: always It's like building up a damn water always crashes

615
00:29:35,360 --> 00:29:38,640
Speaker 1: for me. So I so I, I obviously agree. The

616
00:29:38,640 --> 00:29:42,080
Speaker 1: only difference is that I I recognize a threat and

617
00:29:42,120 --> 00:29:44,200
Speaker 1: so I need to actively push back on that. So,

618
00:29:44,240 --> 00:29:46,000
Speaker 1: for example, one of the big threats I framed this

619
00:29:46,080 --> 00:29:48,520
Speaker 1: up in a conversation for everybody listening. You can go

620
00:29:48,520 --> 00:29:50,640
Speaker 1: see the whole conversation with Peter McCormick on a podcast

621
00:29:50,680 --> 00:29:53,440
Speaker 1: called whippogoin did and I and the title is the

622
00:29:53,480 --> 00:29:56,600
Speaker 1: Battle for the Fate of Humanity, which is a pretty

623
00:29:56,640 --> 00:29:59,320
Speaker 1: big title. And part of that, you know, is that

624
00:29:59,360 --> 00:30:01,120
Speaker 1: if you go back thousands of years of history, it's

625
00:30:01,120 --> 00:30:05,880
Speaker 1: a repeating story of freedom oppression and then a revolution happens,

626
00:30:05,920 --> 00:30:07,920
Speaker 1: and then freedom and then oppression and the revolution, and

627
00:30:07,920 --> 00:30:10,360
Speaker 1: it just repeats right on and on and on right.

628
00:30:10,600 --> 00:30:15,280
Speaker 1: And so because their model, their model being central planning, communism,

629
00:30:15,320 --> 00:30:18,080
Speaker 1: whatever you wanna call it, doesn't work. It's always going

630
00:30:18,160 --> 00:30:20,600
Speaker 1: to fail over a long enough period of time. And

631
00:30:20,640 --> 00:30:23,840
Speaker 1: so we we we certainly agree there. But what allows

632
00:30:23,920 --> 00:30:28,040
Speaker 1: these revolutions to happen is somebody has that taste for

633
00:30:28,120 --> 00:30:30,000
Speaker 1: freedom and they push forward, and to your point, with

634
00:30:30,080 --> 00:30:32,960
Speaker 1: North Korea starts bubbling up and eventually there's the revolution

635
00:30:33,000 --> 00:30:37,080
Speaker 1: that happens. The problem is, um, if we could get

636
00:30:37,160 --> 00:30:42,200
Speaker 1: to a world where that wouldn't be allowed to happen again, Now,

637
00:30:42,200 --> 00:30:45,760
Speaker 1: how could that happen? So if you understand, yeah, so

638
00:30:45,840 --> 00:30:47,200
Speaker 1: let me let me just kind of frame this out,

639
00:30:47,320 --> 00:30:52,040
Speaker 1: so um, kind of like the movie The Matrix. But basically,

640
00:30:52,080 --> 00:30:53,560
Speaker 1: if you if you take a look at like China

641
00:30:53,640 --> 00:30:55,640
Speaker 1: for example, which by the way, China is being tested

642
00:30:55,720 --> 00:30:57,920
Speaker 1: right now, there's a lot of pushback, what's going on.

643
00:30:58,000 --> 00:30:59,240
Speaker 1: They just had to come off there zero, They just

644
00:30:59,280 --> 00:31:01,000
Speaker 1: had to come off there zer COVID policy, which was

645
00:31:01,000 --> 00:31:04,640
Speaker 1: pretty interesting. But if we if we could imagine a

646
00:31:04,680 --> 00:31:07,560
Speaker 1: world and we know since Facebook admitted that they use

647
00:31:07,640 --> 00:31:11,240
Speaker 1: AI to manage your news feed. So if they could,

648
00:31:11,280 --> 00:31:13,200
Speaker 1: which we know they have been for quite some time,

649
00:31:13,440 --> 00:31:15,560
Speaker 1: if they can use social media's a way to show

650
00:31:15,600 --> 00:31:17,720
Speaker 1: you what they want. They did test that show you

651
00:31:17,720 --> 00:31:20,160
Speaker 1: they can affect your mood. They can make you happy

652
00:31:20,320 --> 00:31:22,840
Speaker 1: or angry, right, and so if they can show you

653
00:31:22,920 --> 00:31:24,840
Speaker 1: like in China where they have a great firewall and

654
00:31:24,840 --> 00:31:27,000
Speaker 1: they only show you the information they want you to see,

655
00:31:28,040 --> 00:31:31,840
Speaker 1: and through technology they're able to censor all other views

656
00:31:31,960 --> 00:31:35,479
Speaker 1: and and and so forth and shut down all dissent. Okay, well,

657
00:31:35,480 --> 00:31:37,880
Speaker 1: that's part of it. The bigger piece, of course is

658
00:31:38,040 --> 00:31:40,720
Speaker 1: the social credit course system that China has, which you

659
00:31:40,760 --> 00:31:44,719
Speaker 1: know they blocked thirty two million people from buying bus

660
00:31:44,800 --> 00:31:47,560
Speaker 1: tickets because they said bad things about the government online,

661
00:31:47,760 --> 00:31:51,040
Speaker 1: and so they can restrict movement. And then the last

662
00:31:51,080 --> 00:31:52,840
Speaker 1: piece that we haven't seen yet but which is coming

663
00:31:52,840 --> 00:31:55,160
Speaker 1: in is the central bank digital currencies. And the thing

664
00:31:55,160 --> 00:31:58,280
Speaker 1: with es central bank digital currencies is want It gives

665
00:31:58,280 --> 00:32:01,520
Speaker 1: them all the data, which is what need. But more importantly,

666
00:32:01,600 --> 00:32:04,160
Speaker 1: it's programmable money. Right, So now, um, not do we

667
00:32:04,200 --> 00:32:05,920
Speaker 1: just block the bus transaction, but now you can't even

668
00:32:05,960 --> 00:32:07,800
Speaker 1: buy it or now you've exceed your carbons. Course, you

669
00:32:07,800 --> 00:32:09,320
Speaker 1: can't fill up with gas your car with gas. But

670
00:32:09,560 --> 00:32:11,840
Speaker 1: when you take all of these new technologies that we're

671
00:32:11,840 --> 00:32:15,480
Speaker 1: moving into, and we're not quite there yet, but we will,

672
00:32:15,560 --> 00:32:17,840
Speaker 1: with CBDCs which are already rolled out in China, and

673
00:32:17,840 --> 00:32:21,760
Speaker 1: social credit course systems and surveillance online, they could potentially

674
00:32:22,240 --> 00:32:26,640
Speaker 1: prevent that dissenting voice ever from popping up again. I

675
00:32:26,720 --> 00:32:28,880
Speaker 1: mean you you had to piece together a lot of

676
00:32:28,920 --> 00:32:32,680
Speaker 1: different pieces, but these are all pelogy and you and

677
00:32:32,720 --> 00:32:35,280
Speaker 1: you had to create one timeline of them all coming

678
00:32:35,320 --> 00:32:37,960
Speaker 1: together to risk their career. They have a social course system,

679
00:32:38,000 --> 00:32:40,880
Speaker 1: we have CBDCs, they're already into. What I'm saying is

680
00:32:40,880 --> 00:32:43,280
Speaker 1: is you you have to assume a lot of things

681
00:32:43,320 --> 00:32:47,520
Speaker 1: will happen and then for it to be misused, you

682
00:32:47,600 --> 00:32:51,840
Speaker 1: just you just project the natural uh trajectory that we're on,

683
00:32:52,240 --> 00:32:54,840
Speaker 1: like this is within this is these pieces. There's a

684
00:32:55,000 --> 00:32:58,840
Speaker 1: massive unplugged from Facebook where Facebook stock is down eight percent,

685
00:32:58,920 --> 00:33:01,760
Speaker 1: where people are turning it all. I mean the millennial

686
00:33:01,800 --> 00:33:06,720
Speaker 1: and old people on Facebook don't get up on Facebook.

687
00:33:06,720 --> 00:33:09,280
Speaker 1: I'm talking about the technology with social gratit Core and CBDCs,

688
00:33:09,480 --> 00:33:11,920
Speaker 1: and so that's here and so they could continue jumped

689
00:33:11,960 --> 00:33:15,160
Speaker 1: to that last and I was just at least in

690
00:33:15,200 --> 00:33:18,960
Speaker 1: the US, the Central bank digital currency has been abandoned

691
00:33:19,000 --> 00:33:22,040
Speaker 1: because of FED now because they were able to accomplish

692
00:33:22,160 --> 00:33:24,760
Speaker 1: the base level of what they wanted to do without it,

693
00:33:24,760 --> 00:33:28,000
Speaker 1: they've abandoned that project. And you have many different blockchain

694
00:33:28,080 --> 00:33:31,360
Speaker 1: projects that could be used privately as a way to

695
00:33:31,720 --> 00:33:34,440
Speaker 1: go against that. So you can tell the same story.

696
00:33:34,520 --> 00:33:37,480
Speaker 1: And like you went with one way that the story

697
00:33:37,480 --> 00:33:39,920
Speaker 1: could go, and there's an infinite number of different ways.

698
00:33:40,080 --> 00:33:41,840
Speaker 1: But I believe, but I believe it's important to understand

699
00:33:41,880 --> 00:33:43,920
Speaker 1: that is the way that could go, and that is

700
00:33:43,920 --> 00:33:45,600
Speaker 1: a threat, and so we should be doing everything we

701
00:33:45,640 --> 00:33:47,440
Speaker 1: can to make sure that doesn't become a reality. But

702
00:33:47,480 --> 00:33:49,760
Speaker 1: that's the that's essentially like saying, let's make up a

703
00:33:49,840 --> 00:33:52,440
Speaker 1: story where it ends up with lepre cons running the world.

704
00:33:52,520 --> 00:33:54,000
Speaker 1: So we should be aware of that and try to

705
00:33:54,040 --> 00:33:56,800
Speaker 1: defend against that. It's one story of an infinite number

706
00:33:56,800 --> 00:33:58,880
Speaker 1: of way of stories. I think it's a much more

707
00:33:58,920 --> 00:34:02,400
Speaker 1: empowering use of our attention to say this opens up

708
00:34:02,440 --> 00:34:05,400
Speaker 1: so many opportunities for us to create. This opens up

709
00:34:05,480 --> 00:34:08,640
Speaker 1: for so much opportunity and resources for us to make

710
00:34:08,680 --> 00:34:11,440
Speaker 1: a billion dollars by tomorrow, which is most it does.

711
00:34:11,520 --> 00:34:12,880
Speaker 1: And I want to I want to talk about this

712
00:34:13,080 --> 00:34:16,360
Speaker 1: massive opportunity because bigger problems create bigger opportunities, and I

713
00:34:16,400 --> 00:34:20,360
Speaker 1: see a massive opportunity both to prevent that from happening

714
00:34:20,400 --> 00:34:22,000
Speaker 1: and for entrepreneurs make a lot of money. So we're

715
00:34:22,040 --> 00:34:26,680
Speaker 1: gonna move to that next. So I we definitely agree

716
00:34:26,680 --> 00:34:31,080
Speaker 1: on a lot more than we disagree on, and watching

717
00:34:31,120 --> 00:34:33,439
Speaker 1: Mark and I are just having fun, right, yeah, right,

718
00:34:33,440 --> 00:34:35,560
Speaker 1: like it is. It is very rare to get to

719
00:34:35,880 --> 00:34:39,880
Speaker 1: capitalists who vehemently disagree on something and walk away respecting

720
00:34:39,880 --> 00:34:42,759
Speaker 1: one another, and don't walk away calling each other socialists

721
00:34:43,000 --> 00:34:45,399
Speaker 1: and saying that they're part of the agenda and part

722
00:34:45,400 --> 00:34:48,520
Speaker 1: of the conspiracy. Because Mark and I both agree that

723
00:34:48,600 --> 00:34:51,880
Speaker 1: capitalists and entrepreneurs are the ones who are creating freedom

724
00:34:52,120 --> 00:34:54,319
Speaker 1: and the most important thing that you can do is

725
00:34:54,360 --> 00:34:57,319
Speaker 1: to be free yourself. And then we can pontificate on

726
00:34:57,320 --> 00:34:59,200
Speaker 1: all the different ways that the world could go, all

727
00:34:59,239 --> 00:35:01,759
Speaker 1: the opportunities that could go. So I just wanted to

728
00:35:01,800 --> 00:35:03,680
Speaker 1: add an then there, because it's so rare for these

729
00:35:03,719 --> 00:35:07,120
Speaker 1: types of conversations, right, for for two people that agree

730
00:35:07,160 --> 00:35:09,680
Speaker 1: on so much to focus on the little pieces where

731
00:35:09,680 --> 00:35:12,359
Speaker 1: we disagree and have a good time doing so. Yeah, well,

732
00:35:12,360 --> 00:35:15,520
Speaker 1: and we have to understand that piece because the way

733
00:35:15,560 --> 00:35:18,200
Speaker 1: that I see problems, and this is why individualism is

734
00:35:18,239 --> 00:35:21,160
Speaker 1: so important, is because we see the world differently, and

735
00:35:21,200 --> 00:35:23,360
Speaker 1: so I see different problems than you do, so I

736
00:35:23,360 --> 00:35:26,080
Speaker 1: go create different solutions than you do. And so that's

737
00:35:26,120 --> 00:35:28,560
Speaker 1: why capitalism individualism will have to go hand in hand.

738
00:35:28,560 --> 00:35:31,120
Speaker 1: When you have a situation like China where everybody thinks

739
00:35:31,160 --> 00:35:34,359
Speaker 1: the same. They're basically robots. You have no innovation, right,

740
00:35:34,520 --> 00:35:36,879
Speaker 1: and so you and I see the problems a little

741
00:35:36,880 --> 00:35:39,240
Speaker 1: bit differently, and so we're gonna go create solutions differently.

742
00:35:39,719 --> 00:35:42,200
Speaker 1: But I would say back to this this point that

743
00:35:42,239 --> 00:35:45,120
Speaker 1: we're on just a second ago, Um, you jumped to

744
00:35:45,360 --> 00:35:47,480
Speaker 1: this world where maybe we have lepri cons and that's

745
00:35:47,520 --> 00:35:51,719
Speaker 1: kind of funny, but like we literally have social credit

746
00:35:51,719 --> 00:35:55,040
Speaker 1: score systems and CBDCs going into place right now, we

747
00:35:55,200 --> 00:35:59,239
Speaker 1: have health passports and gateway So just what three or

748
00:35:59,280 --> 00:36:02,760
Speaker 1: four weeks ago, the g twenty, the top twenty countries

749
00:36:02,800 --> 00:36:05,920
Speaker 1: in the world, met and agreed to push through a

750
00:36:05,960 --> 00:36:09,200
Speaker 1: health pathport system to control movement around the world. This

751
00:36:09,280 --> 00:36:12,839
Speaker 1: is not speculation of of lepre cons This is they

752
00:36:12,880 --> 00:36:14,360
Speaker 1: literally had a meeting a couple of weeks ago and

753
00:36:14,360 --> 00:36:16,320
Speaker 1: they want to do this. Now, can it be stopped?

754
00:36:16,320 --> 00:36:18,600
Speaker 1: Will it happen? Of course that's the speculation part. But

755
00:36:18,640 --> 00:36:20,440
Speaker 1: it doesn't mean that the top twenty countries didn't get

756
00:36:20,440 --> 00:36:22,319
Speaker 1: together and just just do that. So we're not just

757
00:36:22,320 --> 00:36:24,719
Speaker 1: speculating this could happen. These are technologies we have in

758
00:36:24,760 --> 00:36:27,319
Speaker 1: place right now, and governments and leaders have said we

759
00:36:27,400 --> 00:36:29,920
Speaker 1: want to install these to happen. So it's it's it's

760
00:36:29,960 --> 00:36:33,040
Speaker 1: a real threat. Will it happen? Not if I can

761
00:36:33,120 --> 00:36:35,839
Speaker 1: do anything about it? Right, Like when when there are

762
00:36:35,920 --> 00:36:40,239
Speaker 1: pushes against freedom, it's our responsibility to push against them. Absolutely.

763
00:36:40,520 --> 00:36:42,520
Speaker 1: I just want the one thing I would a mobile

764
00:36:42,640 --> 00:36:45,719
Speaker 1: story as you that there's a unified effort to take

765
00:36:45,760 --> 00:36:48,560
Speaker 1: away our freedom and ours the G twenty that's a

766
00:36:48,600 --> 00:36:51,120
Speaker 1: pretty unified effort. But you know what I'm saying is

767
00:36:51,160 --> 00:36:54,680
Speaker 1: a unified effort to restrict freedom and to prevent any

768
00:36:54,719 --> 00:37:00,600
Speaker 1: revolution from ever fighting. The just agreed to install a

769
00:37:00,640 --> 00:37:04,040
Speaker 1: piece of technology to control everybody's movement. Once again, you

770
00:37:04,120 --> 00:37:08,120
Speaker 1: are using you are looking at a global narrative that

771
00:37:08,239 --> 00:37:11,080
Speaker 1: you have and then finding evidence for it, like we

772
00:37:11,120 --> 00:37:17,040
Speaker 1: could sit here and debate conclude that that is an entire,

773
00:37:17,680 --> 00:37:21,760
Speaker 1: an entire agenda to restrict freedom and prevent revolutions from happening.

774
00:37:22,080 --> 00:37:24,520
Speaker 1: I would just say if if, if you don't look

775
00:37:24,560 --> 00:37:26,680
Speaker 1: at all the signs together, then you don't get the

776
00:37:26,680 --> 00:37:29,520
Speaker 1: context that no, no, no, that's confirmation. Then is confirmation

777
00:37:29,560 --> 00:37:33,239
Speaker 1: by It's not when we're starting with a story and

778
00:37:33,239 --> 00:37:36,160
Speaker 1: then breaking into pieces of evidence that that that is

779
00:37:36,200 --> 00:37:39,520
Speaker 1: non inductive reading reasoning that that is that is you

780
00:37:39,560 --> 00:37:43,239
Speaker 1: are confirmed by you have a suspicion and then gets confirmed.

781
00:37:43,320 --> 00:37:45,600
Speaker 1: And now we're looking at all these other pieces and

782
00:37:45,640 --> 00:37:48,319
Speaker 1: I think I think the argument falls apart when you

783
00:37:48,360 --> 00:37:53,600
Speaker 1: remove the story from it. Yeah, So, like I always

784
00:37:53,600 --> 00:37:55,239
Speaker 1: want to summarize here, I just want to. I want

785
00:37:55,239 --> 00:37:56,960
Speaker 1: to summary because I know we want to need to

786
00:37:57,000 --> 00:38:00,640
Speaker 1: move on. And it's that over overall, you have a

787
00:38:00,680 --> 00:38:04,880
Speaker 1: different overarching story than I do. And I don't know

788
00:38:04,960 --> 00:38:10,640
Speaker 1: if I'm right because you can have you but and

789
00:38:10,760 --> 00:38:14,680
Speaker 1: you you have all of the reasons why I like

790
00:38:14,840 --> 00:38:17,400
Speaker 1: evidence to support your claim. I have mine, And at

791
00:38:17,400 --> 00:38:18,840
Speaker 1: the end of the day, I don't know if I

792
00:38:18,880 --> 00:38:21,359
Speaker 1: am right or wrong. I know how I will know

793
00:38:21,480 --> 00:38:24,359
Speaker 1: if I am wrong. I like I know that if

794
00:38:24,400 --> 00:38:26,640
Speaker 1: I start seeing X, Y, and Z, I will have

795
00:38:26,680 --> 00:38:29,880
Speaker 1: to rethink my worldview. I know that if I start

796
00:38:30,000 --> 00:38:34,280
Speaker 1: seeing my travel restricted and then I can't own a car,

797
00:38:34,880 --> 00:38:37,239
Speaker 1: I will say maybe Mark was right on this podcast.

798
00:38:38,320 --> 00:38:40,759
Speaker 1: By that point, well, I don't agree with that. We're

799
00:38:40,760 --> 00:38:42,040
Speaker 1: trying to predict a few you know, we're trying to

800
00:38:42,080 --> 00:38:45,799
Speaker 1: predict the future, right. I think that there's that there's

801
00:38:45,800 --> 00:38:48,439
Speaker 1: always a chance that freedom always wins. So I would

802
00:38:48,440 --> 00:38:51,479
Speaker 1: need to adjust my strategy because my strategy right now

803
00:38:52,000 --> 00:38:55,879
Speaker 1: is to empower entrepreneurs to create financial freedom. I would

804
00:38:55,920 --> 00:38:57,680
Speaker 1: need to adjust my strategy if I see that we

805
00:38:57,719 --> 00:39:01,000
Speaker 1: can't travel and there's no movement allowed anymore. So so

806
00:39:01,160 --> 00:39:03,680
Speaker 1: I know how I know where if I am wrong.

807
00:39:03,880 --> 00:39:07,799
Speaker 1: What I encourage people to do is they're weighing your

808
00:39:07,960 --> 00:39:10,920
Speaker 1: list of reasons, and my list of reasons is to

809
00:39:10,960 --> 00:39:13,040
Speaker 1: answer the question, how will I know if my worldview

810
00:39:13,080 --> 00:39:15,000
Speaker 1: is wrong? How will I know? Because we all have

811
00:39:15,120 --> 00:39:18,919
Speaker 1: an overarching story. You've got one, I've got one. How

812
00:39:18,960 --> 00:39:22,040
Speaker 1: often do we question that overarching story? Because I don't

813
00:39:22,080 --> 00:39:24,440
Speaker 1: think that we're ever free if we're being run by

814
00:39:24,480 --> 00:39:27,440
Speaker 1: our subconscious stories. So just like I have a family,

815
00:39:27,480 --> 00:39:30,520
Speaker 1: member who believes that there's going to be a rapture

816
00:39:30,880 --> 00:39:33,600
Speaker 1: and uh, and Jesus is going to rescue all of

817
00:39:33,600 --> 00:39:35,439
Speaker 1: the Christians and they're going to disappear, and they're gonna

818
00:39:35,440 --> 00:39:38,200
Speaker 1: have a seven year tribulation. She has that overarching story

819
00:39:38,200 --> 00:39:41,040
Speaker 1: and she looks at every political discussion through that lens.

820
00:39:41,320 --> 00:39:43,560
Speaker 1: I don't have that story. I think that's crazy whack

821
00:39:43,560 --> 00:39:45,879
Speaker 1: of doodle. So I don't have but I will know

822
00:39:46,200 --> 00:39:48,680
Speaker 1: that if all the Christians disappear one day, I was

823
00:39:48,719 --> 00:39:51,520
Speaker 1: wrong and I need to rethink my thesis. So I

824
00:39:51,920 --> 00:39:54,040
Speaker 1: think it's important that we ask the question of how

825
00:39:54,120 --> 00:39:56,400
Speaker 1: will we know if our worldview is wrong? And I

826
00:39:56,400 --> 00:39:58,880
Speaker 1: think only then can we start to test if we

827
00:39:58,920 --> 00:40:01,879
Speaker 1: are right or wrong. So, great summary. Let me give

828
00:40:01,880 --> 00:40:04,239
Speaker 1: a summary as well. Um So, what I would say

829
00:40:04,360 --> 00:40:07,200
Speaker 1: is I agree confirmation bias is a serious problem that

830
00:40:07,239 --> 00:40:10,880
Speaker 1: most people suffer. Everybody suffers from all we're all susceptible

831
00:40:10,920 --> 00:40:12,920
Speaker 1: to it. And so what we all need to do,

832
00:40:12,960 --> 00:40:15,080
Speaker 1: and I preach this all the time, is that what

833
00:40:15,120 --> 00:40:17,319
Speaker 1: we should always be doing is looking for information that

834
00:40:17,520 --> 00:40:20,760
Speaker 1: goes against our bias. We're always trying to find the holes.

835
00:40:21,000 --> 00:40:24,959
Speaker 1: And so, um, I made a video recently, and I said,

836
00:40:25,000 --> 00:40:27,000
Speaker 1: why I don't think there's gonna be another market crash?

837
00:40:27,280 --> 00:40:28,799
Speaker 1: And why I think that the market is gonna keep

838
00:40:28,840 --> 00:40:32,360
Speaker 1: going up? And uh, I said, are you one certain

839
00:40:32,520 --> 00:40:34,680
Speaker 1: a hundred percent certain that the market is gonna crash?

840
00:40:35,480 --> 00:40:37,719
Speaker 1: Of course you're not, are you ninety percent? So maybe

841
00:40:37,719 --> 00:40:40,160
Speaker 1: there's let's explore that right And oh man, I got

842
00:40:40,200 --> 00:40:42,000
Speaker 1: people so piste off. I had all these people telling

843
00:40:42,000 --> 00:40:45,680
Speaker 1: the beautiful they're unsubscribing from my channel, how they're right? Right?

844
00:40:45,840 --> 00:40:49,360
Speaker 1: So I do believe in always looking um for information

845
00:40:49,400 --> 00:40:52,840
Speaker 1: that goes against my confirmation bias. I think the difference

846
00:40:52,880 --> 00:40:56,520
Speaker 1: between my view and your view, as I'm understanding right

847
00:40:56,719 --> 00:40:58,759
Speaker 1: now and like in through your summary in our conversation

848
00:40:58,880 --> 00:41:01,680
Speaker 1: is that, Um, what you're saying is until I see

849
00:41:01,719 --> 00:41:04,319
Speaker 1: those things happening, I don't have that worldview, which which

850
00:41:04,360 --> 00:41:07,839
Speaker 1: is understandable. The problem with that view is that by

851
00:41:07,880 --> 00:41:09,600
Speaker 1: the time you do see it, it's too late. And

852
00:41:09,640 --> 00:41:12,160
Speaker 1: so what I do is, UM, I try to use

853
00:41:12,200 --> 00:41:14,720
Speaker 1: a whole bunch of reasoning, one obviously looking for stuff

854
00:41:14,719 --> 00:41:16,160
Speaker 1: that goes against it. And I'll come back to that.

855
00:41:16,200 --> 00:41:17,680
Speaker 1: But what I try to do is I try to

856
00:41:17,760 --> 00:41:20,600
Speaker 1: use history, so we understand natural chain of events, cause

857
00:41:20,640 --> 00:41:23,080
Speaker 1: and effect right, and so we understand the way history works.

858
00:41:23,120 --> 00:41:24,600
Speaker 1: But we also, like I said, I'd like to go

859
00:41:24,719 --> 00:41:27,839
Speaker 1: directly to the source rather than opinions and speculations. Directly source.

860
00:41:27,920 --> 00:41:29,719
Speaker 1: What did this person who's trying to push these falls?

861
00:41:29,760 --> 00:41:32,000
Speaker 1: What did they say? What are their goals? When the

862
00:41:32,040 --> 00:41:34,200
Speaker 1: G twenty has a meeting and comes out of the

863
00:41:34,200 --> 00:41:36,759
Speaker 1: meeting said our new objective is to pass this and

864
00:41:36,760 --> 00:41:39,239
Speaker 1: put it into place. I take that seriously. Now, will

865
00:41:39,239 --> 00:41:40,960
Speaker 1: it happen? I hope not. If I can do anything

866
00:41:40,920 --> 00:41:43,799
Speaker 1: about it, I won't. But this is their objective. This

867
00:41:43,880 --> 00:41:46,560
Speaker 1: is not speculation. Now it is speculation, and fl will

868
00:41:46,600 --> 00:41:49,319
Speaker 1: ever achieve that goal. But they've told that now to

869
00:41:49,440 --> 00:41:52,960
Speaker 1: the confirmation bias piece, I would then go look for

870
00:41:53,200 --> 00:41:56,040
Speaker 1: um information to go against that bias. So I would go,

871
00:41:56,280 --> 00:41:59,600
Speaker 1: is there any information that would show that that's not

872
00:41:59,680 --> 00:42:03,560
Speaker 1: going to happen? Are there any lawmakers? Are there any

873
00:42:03,920 --> 00:42:06,880
Speaker 1: you know NGOs that are saying that's wrong and we're

874
00:42:06,920 --> 00:42:08,920
Speaker 1: not gonna do it. And the answer is no. So

875
00:42:08,960 --> 00:42:11,200
Speaker 1: there is no other information goes against this. So um,

876
00:42:11,200 --> 00:42:13,080
Speaker 1: it is speculation. We don't know the feut None of

877
00:42:13,160 --> 00:42:15,239
Speaker 1: us do, which is why there's no such thing as

878
00:42:15,360 --> 00:42:18,279
Speaker 1: as as certainties. But but when the G twenty says

879
00:42:18,320 --> 00:42:20,400
Speaker 1: they're going to do this, and they have all adopted

880
00:42:20,400 --> 00:42:22,560
Speaker 1: this and voted on and agreed to it, then I

881
00:42:22,600 --> 00:42:24,440
Speaker 1: have to go, well, that's probably the direction we're going,

882
00:42:24,560 --> 00:42:28,439
Speaker 1: unless something were to derail that. I mean, we could

883
00:42:28,440 --> 00:42:33,280
Speaker 1: go down a really long rabbit hole here because confirmation bias.

884
00:42:33,400 --> 00:42:35,680
Speaker 1: But so you so you gave your summary. Well, but

885
00:42:35,680 --> 00:42:37,160
Speaker 1: but then I need to find other information that goes

886
00:42:37,160 --> 00:42:39,000
Speaker 1: against the bias, and I can't. Okay, you gave your summy,

887
00:42:39,040 --> 00:42:40,879
Speaker 1: I gave mine. Let's talk about opportunit. Let's talk about

888
00:42:40,880 --> 00:42:44,600
Speaker 1: the oportunity. Let's talk about because you know, I do

889
00:42:44,719 --> 00:42:48,520
Speaker 1: talk a lot about um bad things that are potentially

890
00:42:48,560 --> 00:42:51,239
Speaker 1: going to happen, um, But at the same time, I'm

891
00:42:51,239 --> 00:42:54,160
Speaker 1: full of hope and uh, and I hope for the future.

892
00:42:54,440 --> 00:42:55,960
Speaker 1: I do want to make just one comment before we

893
00:42:56,000 --> 00:42:57,680
Speaker 1: jump into that, because something that you said over and

894
00:42:57,680 --> 00:42:59,520
Speaker 1: over and I've said over and over, which is I

895
00:42:59,560 --> 00:43:04,319
Speaker 1: believe free of him always wins. I do. I believe that. However, UM,

896
00:43:04,520 --> 00:43:07,080
Speaker 1: something I've been struggling with a lot, and that is

897
00:43:07,160 --> 00:43:11,279
Speaker 1: that not everybody wants freedom and as a matter of fact,

898
00:43:11,360 --> 00:43:14,799
Speaker 1: most people don't. And I believe that as as a

899
00:43:14,920 --> 00:43:19,400
Speaker 1: human we have this natural drive and desire, which is

900
00:43:19,440 --> 00:43:21,879
Speaker 1: why capitalism is there. Right. Capitalism is about becoming more

901
00:43:21,880 --> 00:43:24,520
Speaker 1: efficient with my scarce resources. Right, instead of carrying one

902
00:43:24,600 --> 00:43:26,200
Speaker 1: rock at a time, I made a wheelbarrel to carry

903
00:43:26,280 --> 00:43:28,719
Speaker 1: ten rocks, right, um, And so we're always trying to

904
00:43:28,719 --> 00:43:30,600
Speaker 1: do that. And then and then free involuntary trade. I

905
00:43:30,680 --> 00:43:32,960
Speaker 1: killed an animal, you have a fire, Hey, let's share

906
00:43:33,000 --> 00:43:35,759
Speaker 1: the fire and the food. Right, that's capitalism. But but

907
00:43:35,800 --> 00:43:38,600
Speaker 1: not everybody has that. And so what we can see

908
00:43:38,719 --> 00:43:40,279
Speaker 1: this was really highlighted. I don't know if you saw

909
00:43:40,800 --> 00:43:43,600
Speaker 1: doctor Matteis Desmond. He kind of came up with that

910
00:43:43,680 --> 00:43:51,359
Speaker 1: whole um theory on crap on the mass formation psychosis,

911
00:43:51,680 --> 00:43:54,080
Speaker 1: and it was talking about how liket of the people

912
00:43:54,120 --> 00:43:56,719
Speaker 1: are just gonna go along with whatever narrative is. People

913
00:43:56,719 --> 00:43:58,399
Speaker 1: are going to reject whatever the narratives, and then there's

914
00:43:58,440 --> 00:44:00,799
Speaker 1: like the fort in the middle that could way either way.

915
00:44:01,320 --> 00:44:03,640
Speaker 1: And so when it when it comes to freedom, you know,

916
00:44:03,840 --> 00:44:06,480
Speaker 1: most people do they just want to live their life. Man,

917
00:44:06,840 --> 00:44:08,160
Speaker 1: let me just live my life. Let me just be

918
00:44:08,200 --> 00:44:09,840
Speaker 1: with my kids. I don't want to get involved in

919
00:44:09,880 --> 00:44:13,400
Speaker 1: that right kind of a thing. And so, um, you

920
00:44:13,440 --> 00:44:15,880
Speaker 1: talked about the rapture and I don't necessarily believe that,

921
00:44:15,920 --> 00:44:17,760
Speaker 1: but um I do. I do believe in the Bible,

922
00:44:17,840 --> 00:44:19,200
Speaker 1: and in the Bible, whether you believe it or not,

923
00:44:19,280 --> 00:44:21,680
Speaker 1: there's there's this history in there, and one of the

924
00:44:21,719 --> 00:44:23,680
Speaker 1: stories and it's just kind of highlights this is that

925
00:44:23,840 --> 00:44:26,080
Speaker 1: you know, Moses went and free the Israelites from Egypt,

926
00:44:26,160 --> 00:44:27,839
Speaker 1: and they went to the went to the desert, right

927
00:44:28,080 --> 00:44:31,640
Speaker 1: and when they got there, after four years of slavery

928
00:44:31,640 --> 00:44:33,799
Speaker 1: where they were being beaten and killed and whatever, they

929
00:44:33,800 --> 00:44:36,759
Speaker 1: get over there, and then because they didn't know what

930
00:44:36,800 --> 00:44:38,799
Speaker 1: was coming next, they said, at least just let us

931
00:44:38,840 --> 00:44:41,160
Speaker 1: go back to Egypt or we were slaves, because at

932
00:44:41,200 --> 00:44:43,360
Speaker 1: least we knew where our food was coming from. And

933
00:44:43,400 --> 00:44:44,960
Speaker 1: I think that just sets the mindset of a lot

934
00:44:45,000 --> 00:44:48,040
Speaker 1: of people where they would rather trade security for freedom.

935
00:44:48,080 --> 00:44:50,640
Speaker 1: Freedom is messy, it's dangerous, it's scary, and so I

936
00:44:50,680 --> 00:44:55,200
Speaker 1: think it's up to us, the capitalist to really push

937
00:44:55,280 --> 00:44:57,920
Speaker 1: this because the majority of people don't all want that.

938
00:45:00,600 --> 00:45:03,759
Speaker 1: I think we actually all want it. It's a matter

939
00:45:03,800 --> 00:45:08,319
Speaker 1: of who's willing to fight for it. We all desire freedom, right,

940
00:45:08,680 --> 00:45:13,319
Speaker 1: But you're right that we will prioritize safety before we

941
00:45:13,440 --> 00:45:17,080
Speaker 1: prioritize freedom. You and I have you and I have

942
00:45:17,360 --> 00:45:21,040
Speaker 1: the well, our our lizard brain comes first. You and

943
00:45:21,080 --> 00:45:24,120
Speaker 1: I just have the belief that freedom is the best

944
00:45:24,200 --> 00:45:27,960
Speaker 1: way to provide those things. We happen to believe that

945
00:45:28,040 --> 00:45:31,920
Speaker 1: the food system that has been created by capitalism is

946
00:45:32,120 --> 00:45:35,440
Speaker 1: way better than what any dictator could ever create. Like,

947
00:45:35,480 --> 00:45:37,880
Speaker 1: no dictator is ever gonna let me walk to whole Foods.

948
00:45:38,000 --> 00:45:40,480
Speaker 1: They're just not there's not going to create that system,

949
00:45:40,520 --> 00:45:44,719
Speaker 1: whereas capitalism will. And so we just happened. I think

950
00:45:45,120 --> 00:45:47,439
Speaker 1: to think a little bit longer term, and that longer

951
00:45:47,560 --> 00:45:50,120
Speaker 1: term is about the society that we're building and the

952
00:45:50,200 --> 00:45:54,360
Speaker 1: systems through which we accomplish those goals, and capitalism happens

953
00:45:54,400 --> 00:45:57,319
Speaker 1: to be the best way to do that. Okay, So, um,

954
00:45:57,360 --> 00:45:58,719
Speaker 1: I don't know if you know, but I recently wrote

955
00:45:58,719 --> 00:46:01,359
Speaker 1: a book it's got a best seller categories, is called

956
00:46:01,400 --> 00:46:06,920
Speaker 1: The uncommon Is Manifesto, and my co author Alex Fetzky, um,

957
00:46:06,960 --> 00:46:09,600
Speaker 1: I had kind of abandoned the word capitalist because it

958
00:46:09,680 --> 00:46:12,360
Speaker 1: just has this negative connotation and people misunderstand it. And

959
00:46:12,400 --> 00:46:15,080
Speaker 1: I've been using like free markets, you know, but he's like, no,

960
00:46:15,560 --> 00:46:18,319
Speaker 1: we need to reclaim that word. We need to stand up,

961
00:46:18,360 --> 00:46:20,680
Speaker 1: we need to defend that word. And so in that

962
00:46:20,719 --> 00:46:22,480
Speaker 1: book we have like a whole glossary of terms, and

963
00:46:22,520 --> 00:46:24,799
Speaker 1: we really make the case for capitalism in that book.

964
00:46:24,840 --> 00:46:28,440
Speaker 1: But anyway, let's let's jump to the hope and the optimism,

965
00:46:28,480 --> 00:46:31,040
Speaker 1: but more importantly the opportunity that I see. And I'm

966
00:46:31,040 --> 00:46:33,680
Speaker 1: gonna be pivoting into this opportunity for next year. And

967
00:46:33,920 --> 00:46:35,319
Speaker 1: I know you're doing a lot of the same things.

968
00:46:35,320 --> 00:46:40,759
Speaker 1: So let's talk about that. So big problems problems equal opportunities,

969
00:46:40,800 --> 00:46:43,640
Speaker 1: and big problems equal bigger opportunities. And as I said,

970
00:46:43,640 --> 00:46:45,720
Speaker 1: I'm very bullish on what happens when millions of entrepreneurs

971
00:46:45,760 --> 00:46:49,880
Speaker 1: or backs against the wall. I believe that our greatest

972
00:46:49,880 --> 00:46:51,120
Speaker 1: and I don't know if I believe this is I

973
00:46:51,160 --> 00:46:53,880
Speaker 1: believe in the factual what the greatest vote we have

974
00:46:53,960 --> 00:46:56,640
Speaker 1: is with our money. Um, we saw with the mid

975
00:46:56,800 --> 00:46:59,399
Speaker 1: terms like and whatever elections like our vote doesn't really matter,

976
00:46:59,440 --> 00:47:02,480
Speaker 1: but our vote with our money does. So you've mentioned, um,

977
00:47:02,520 --> 00:47:04,800
Speaker 1: you know E s G failing and now anti e

978
00:47:04,960 --> 00:47:07,640
Speaker 1: SG funds being set up. People are voting with their money, right,

979
00:47:07,800 --> 00:47:10,480
Speaker 1: we saw what six states now have divested their funds

980
00:47:10,480 --> 00:47:13,080
Speaker 1: from black Rock, and black rocks like, oh shoot, and

981
00:47:13,120 --> 00:47:16,359
Speaker 1: now Vanguard said, okay, we're abandoning that right, and so

982
00:47:16,480 --> 00:47:18,960
Speaker 1: the vote with the money is really making an impact.

983
00:47:19,800 --> 00:47:22,239
Speaker 1: We agree on that right totally. Okay, so we might

984
00:47:22,320 --> 00:47:25,560
Speaker 1: have the opinions about black Rock, but yes, as voting

985
00:47:25,560 --> 00:47:27,880
Speaker 1: with your dollar is the most important. I love that

986
00:47:27,920 --> 00:47:30,319
Speaker 1: you just said the way we vote politically doesn't matter,

987
00:47:30,320 --> 00:47:32,959
Speaker 1: about how we vote with our money matters very much. Sure.

988
00:47:33,080 --> 00:47:35,280
Speaker 1: That's that's that's the ultimate vote, right, That's the ultimate

989
00:47:35,360 --> 00:47:38,919
Speaker 1: vote is with our money. And so you know, UM,

990
00:47:39,520 --> 00:47:42,440
Speaker 1: without without opinion on black Rock, UM, six states did

991
00:47:42,440 --> 00:47:45,320
Speaker 1: divest their money from black Rock, and we have nineteen

992
00:47:45,360 --> 00:47:47,520
Speaker 1: states that have now filed lawsuits against a handful of

993
00:47:47,560 --> 00:47:49,200
Speaker 1: banks because the s G policies. And so I'm very

994
00:47:49,200 --> 00:47:51,480
Speaker 1: I'm very bullish on that. And that's that's, that's that's

995
00:47:51,520 --> 00:47:54,440
Speaker 1: the proof that we need to keep going. Right. But

996
00:47:54,440 --> 00:47:56,799
Speaker 1: but here's this opportunity that I'm seeing and maybe this

997
00:47:56,880 --> 00:47:59,320
Speaker 1: is too uh, this is too far on my side

998
00:47:59,520 --> 00:48:00,759
Speaker 1: to look at this, but let me just frame this

999
00:48:00,840 --> 00:48:03,960
Speaker 1: up for you. So, UM, we know that UM, our

1000
00:48:04,040 --> 00:48:06,040
Speaker 1: vote is our vote, our money is our biggest opportunity

1001
00:48:06,080 --> 00:48:07,600
Speaker 1: and our vote at the at the at the ballots

1002
00:48:07,600 --> 00:48:10,359
Speaker 1: don't really say much. Um, I think regardless of what

1003
00:48:10,400 --> 00:48:13,520
Speaker 1: political al you're on, Um, really, I think it's all

1004
00:48:13,560 --> 00:48:17,160
Speaker 1: summarized in the race in Pennsylvania where you had a

1005
00:48:17,200 --> 00:48:21,120
Speaker 1: celebrity doctor who's good looking and very articulate and I

1006
00:48:21,160 --> 00:48:22,920
Speaker 1: thought was a liberal. He used to be backed by

1007
00:48:22,960 --> 00:48:26,080
Speaker 1: Oprah's best friend, Dr Oz. Everybody loves him, super smart,

1008
00:48:26,120 --> 00:48:28,760
Speaker 1: he's a doctor. And you have a guy who can't

1009
00:48:28,760 --> 00:48:31,759
Speaker 1: even put a sentence together. And I get it, he

1010
00:48:31,800 --> 00:48:33,279
Speaker 1: had a stroke and whatever. And I don't want to

1011
00:48:33,280 --> 00:48:35,360
Speaker 1: pick fun on that, but if if you had a

1012
00:48:35,400 --> 00:48:37,719
Speaker 1: stroke or you're sick or whatever and you can't talk like,

1013
00:48:37,800 --> 00:48:40,760
Speaker 1: you can't be a representative and and and they voted

1014
00:48:40,960 --> 00:48:45,360
Speaker 1: him in over a very well spoken, well like celebrity doctor,

1015
00:48:45,360 --> 00:48:47,640
Speaker 1: And I think that just frames it all up. Either

1016
00:48:48,080 --> 00:48:51,240
Speaker 1: they are so ideologically blind or what it was corrupt

1017
00:48:51,320 --> 00:48:53,520
Speaker 1: or whatever. But anyway, the vote with our money. So

1018
00:48:53,560 --> 00:48:56,600
Speaker 1: here's here's what I'm seeing. So as an opportunity, and

1019
00:48:56,640 --> 00:48:58,640
Speaker 1: you help people do this, So I want your opinion

1020
00:48:58,640 --> 00:49:03,000
Speaker 1: on him. So, um, you you remember, you know, in

1021
00:49:03,040 --> 00:49:06,759
Speaker 1: the last election, Biden and Trump. Um Trump. Obama had

1022
00:49:06,800 --> 00:49:09,239
Speaker 1: broken every voting record in the world. He had or

1023
00:49:09,360 --> 00:49:10,719
Speaker 1: you know, in the United States, had the most votes.

1024
00:49:10,840 --> 00:49:13,320
Speaker 1: Trump came and beat that. He got even more votes

1025
00:49:13,360 --> 00:49:17,280
Speaker 1: than Obama did, and then Trump Biden. Trump beat it again,

1026
00:49:17,520 --> 00:49:20,520
Speaker 1: he got even more votes. And then somehow Biden also

1027
00:49:20,560 --> 00:49:23,279
Speaker 1: beat it. So, however you look at to be fair,

1028
00:49:23,640 --> 00:49:26,359
Speaker 1: Hillary got more votes than than Donnie did too, so

1029
00:49:26,400 --> 00:49:29,759
Speaker 1: they both broke the record. Okay, So if if you

1030
00:49:29,760 --> 00:49:31,239
Speaker 1: want to look at it, it's at least like a

1031
00:49:31,360 --> 00:49:34,440
Speaker 1: very close fifty fifty of the country. Um. Some some

1032
00:49:34,480 --> 00:49:36,880
Speaker 1: people might think that there's a silent majority because of

1033
00:49:36,920 --> 00:49:38,520
Speaker 1: the way that the polling works. If you look at

1034
00:49:38,520 --> 00:49:40,239
Speaker 1: a map of the United States, it's mostly read with

1035
00:49:40,280 --> 00:49:43,200
Speaker 1: a couple of blue blue areas. Um, So I would

1036
00:49:43,200 --> 00:49:45,920
Speaker 1: say at least half of the country is this uh

1037
00:49:46,040 --> 00:49:49,480
Speaker 1: kind of conservative base maybe sev who are probably not

1038
00:49:49,520 --> 00:49:51,359
Speaker 1: happy with the direction things are going, and they call

1039
00:49:51,440 --> 00:49:56,040
Speaker 1: themselves a silent majority, right. Um. I get about five

1040
00:49:56,040 --> 00:49:58,560
Speaker 1: thousand comments a week across my social media platforms, and

1041
00:49:58,600 --> 00:50:00,319
Speaker 1: I constantly get emails from people like do we do?

1042
00:50:00,400 --> 00:50:01,719
Speaker 1: What do we do? I don't know what to do? Right?

1043
00:50:01,760 --> 00:50:04,319
Speaker 1: All these things and part of the problem is And

1044
00:50:04,320 --> 00:50:06,759
Speaker 1: then you saw that speech. Biden gave that speech with

1045
00:50:06,800 --> 00:50:09,520
Speaker 1: the red background with two military people there, and he's like,

1046
00:50:09,760 --> 00:50:12,920
Speaker 1: the biggest threat that we have in America is conservatives. Maga, maga,

1047
00:50:13,080 --> 00:50:16,000
Speaker 1: Conservatives are the problem, and we need to do this right.

1048
00:50:16,040 --> 00:50:19,080
Speaker 1: And uh, he basically demonized at least at least half

1049
00:50:19,080 --> 00:50:22,200
Speaker 1: the country, if not more. Right. Um, And so all

1050
00:50:22,239 --> 00:50:24,680
Speaker 1: of these people have been demonized. All these people are

1051
00:50:24,719 --> 00:50:27,560
Speaker 1: the problem, and all of these people aren't happy with

1052
00:50:27,600 --> 00:50:28,799
Speaker 1: the way it's going, but they don't know what to do,

1053
00:50:29,080 --> 00:50:31,120
Speaker 1: so that let's frame up one. But then here's where

1054
00:50:31,160 --> 00:50:34,360
Speaker 1: I see this opportunity. So um, I believe that not

1055
00:50:34,400 --> 00:50:36,319
Speaker 1: only do humans have a drive for freedom, they also

1056
00:50:36,360 --> 00:50:38,960
Speaker 1: have a drive they want truth. We need we have

1057
00:50:39,040 --> 00:50:40,960
Speaker 1: to live in truth. And so when you see like

1058
00:50:40,960 --> 00:50:43,319
Speaker 1: the Soviet Union, they got so big and under these

1059
00:50:43,320 --> 00:50:45,520
Speaker 1: communist dictator regimes that people have to are they're forced

1060
00:50:45,520 --> 00:50:47,200
Speaker 1: to live a lie, and they don't want to live

1061
00:50:47,200 --> 00:50:49,840
Speaker 1: a lie. And when somebody breaks through and lives in

1062
00:50:49,880 --> 00:50:52,160
Speaker 1: the truth, that people see that and they want that truth.

1063
00:50:52,440 --> 00:50:54,480
Speaker 1: And I believe that truth has been sucked out of

1064
00:50:54,480 --> 00:50:58,239
Speaker 1: our ecosystem. And so now boys can be girls and uh,

1065
00:50:58,280 --> 00:51:00,399
Speaker 1: you can be whatever you want and like all the things.

1066
00:51:00,440 --> 00:51:02,520
Speaker 1: And so it's create a lot of problems. And we

1067
00:51:02,560 --> 00:51:05,400
Speaker 1: can see that this this this truth has been sucked

1068
00:51:05,400 --> 00:51:08,080
Speaker 1: out and it's like it's created this vacuum. So look

1069
00:51:08,080 --> 00:51:10,160
Speaker 1: at the rise of Jordan Peterson, Like he came out

1070
00:51:10,200 --> 00:51:12,600
Speaker 1: and said, shut up, wipe your face off, pull yourself

1071
00:51:12,680 --> 00:51:14,799
Speaker 1: up by your bootstraps, play the hand that you're dealt

1072
00:51:15,000 --> 00:51:17,640
Speaker 1: and like he just boom, Like people wanted that they

1073
00:51:17,680 --> 00:51:19,480
Speaker 1: needed to hear that. You can see it with Andrew Tate,

1074
00:51:19,600 --> 00:51:23,040
Speaker 1: similar message, kind of same thing. Maloney over the in

1075
00:51:23,040 --> 00:51:25,480
Speaker 1: in Italy kind of said the same thing. These people

1076
00:51:25,560 --> 00:51:28,760
Speaker 1: that are willing to stand up and speak the truth

1077
00:51:29,000 --> 00:51:32,440
Speaker 1: are really growing because there's this vacuum that's being created, right,

1078
00:51:32,920 --> 00:51:35,120
Speaker 1: and so it's it's it's it's important to comment here

1079
00:51:35,120 --> 00:51:37,240
Speaker 1: because you keep saying the truth. We had an interesting

1080
00:51:37,239 --> 00:51:41,359
Speaker 1: Twitter exchange this past week about reality being a subjective

1081
00:51:41,480 --> 00:51:45,120
Speaker 1: or objective, and I think what you are commenting on

1082
00:51:45,400 --> 00:51:50,720
Speaker 1: is people speaking according to their values, having having values

1083
00:51:50,760 --> 00:51:53,000
Speaker 1: that go against the narrative, and being willing to speak

1084
00:51:53,040 --> 00:51:57,960
Speaker 1: against them because you the truth may or may not

1085
00:51:58,040 --> 00:52:01,680
Speaker 1: be knowable by human beings, but doubling down on your

1086
00:52:01,719 --> 00:52:04,920
Speaker 1: values and speaking from that that will call that truth.

1087
00:52:05,640 --> 00:52:08,600
Speaker 1: That is very rare in society because most people are

1088
00:52:08,640 --> 00:52:11,160
Speaker 1: just willing to go along with whatever the macro narrative is.

1089
00:52:11,520 --> 00:52:13,920
Speaker 1: What you're commenting on, I think is more a reflection

1090
00:52:13,960 --> 00:52:16,759
Speaker 1: of people being bold enough to say what other people

1091
00:52:16,760 --> 00:52:19,000
Speaker 1: are not willing to say. That is alignment with many

1092
00:52:19,000 --> 00:52:21,759
Speaker 1: people's values. I just wanted to slip that in there,

1093
00:52:21,840 --> 00:52:25,800
Speaker 1: because there's I think you and I are would say

1094
00:52:25,800 --> 00:52:27,959
Speaker 1: the same thing as values wise, but use different words

1095
00:52:27,960 --> 00:52:30,080
Speaker 1: to describe it. So I just wanted to add some

1096
00:52:30,120 --> 00:52:32,759
Speaker 1: context there. Yeah, I I don't. I don't believe in

1097
00:52:32,800 --> 00:52:35,640
Speaker 1: the subjective reality. I'm more of an objectivist in that

1098
00:52:35,800 --> 00:52:38,400
Speaker 1: in that terms, And so how do you know how

1099
00:52:38,440 --> 00:52:41,880
Speaker 1: do you know what is objectively true? Well, I think,

1100
00:52:42,000 --> 00:52:44,720
Speaker 1: for example, back to this kind of Jordan Peterson example,

1101
00:52:45,200 --> 00:52:48,040
Speaker 1: do you is it true that you're going to be

1102
00:52:48,120 --> 00:52:51,520
Speaker 1: more successful in life, meaning have better happiness and achieve

1103
00:52:51,520 --> 00:52:53,080
Speaker 1: better results and take care of your friends and family.

1104
00:52:53,239 --> 00:52:56,320
Speaker 1: If you sit in the corner and wallow about yourself pity,

1105
00:52:56,560 --> 00:52:58,799
Speaker 1: or if you take responsibility and take action in your life.

1106
00:52:59,080 --> 00:53:01,719
Speaker 1: It depends on the person in his life situation, so

1107
00:53:02,040 --> 00:53:04,239
Speaker 1: I definitely will be. I definitely will be fighting for

1108
00:53:04,360 --> 00:53:06,920
Speaker 1: my own freedom and my own prosperity. There are plenty

1109
00:53:06,960 --> 00:53:10,840
Speaker 1: of people in very affluent families who get lots of

1110
00:53:10,880 --> 00:53:13,280
Speaker 1: money from mom and dad for sitting in the corner

1111
00:53:13,320 --> 00:53:16,120
Speaker 1: and wallowing about their life. Well, I mean, if you're

1112
00:53:16,120 --> 00:53:18,000
Speaker 1: saying who gets the most money, But I'm talking about,

1113
00:53:18,040 --> 00:53:20,440
Speaker 1: you know, being able to take control of their life,

1114
00:53:20,480 --> 00:53:25,280
Speaker 1: be responsible, feel happy, feel fulfilled, and actually like create

1115
00:53:25,320 --> 00:53:28,440
Speaker 1: progress you have. You can only do those things if

1116
00:53:28,480 --> 00:53:31,120
Speaker 1: you take responsibility, take action. I'm sitting in a corner.

1117
00:53:31,160 --> 00:53:32,319
Speaker 1: You will never do that. So it's like it's like

1118
00:53:32,480 --> 00:53:34,879
Speaker 1: you are, you are. You're talking about a value again,

1119
00:53:34,920 --> 00:53:37,040
Speaker 1: this is a value that you and actually, okay, that's

1120
00:53:37,040 --> 00:53:38,400
Speaker 1: a whole rabbit hole we probably don't need to go

1121
00:53:38,400 --> 00:53:42,440
Speaker 1: down because we are so so people live in their values.

1122
00:53:42,440 --> 00:53:44,680
Speaker 1: People willing to go against the narrative whatever. Right, So

1123
00:53:44,719 --> 00:53:46,960
Speaker 1: the narrative has been so stacked one way that now

1124
00:53:46,960 --> 00:53:49,400
Speaker 1: people who will stand up with a different narrative wouldn't

1125
00:53:49,400 --> 00:53:51,480
Speaker 1: call it that. But I think again, so I think

1126
00:53:51,480 --> 00:53:54,520
Speaker 1: there's this massive opportunity where we have all these people globally,

1127
00:53:54,719 --> 00:53:58,080
Speaker 1: right in Italy, in Europe, even in Canada you have

1128
00:53:58,080 --> 00:54:01,640
Speaker 1: Pierre Poliv but you know Jordan Peterson, you have Joe Rogan,

1129
00:54:01,760 --> 00:54:04,480
Speaker 1: you got uh Andrew Tate. You know all these different examples,

1130
00:54:04,520 --> 00:54:06,799
Speaker 1: and so, um, you have five thousand comments. We come

1131
00:54:06,840 --> 00:54:08,719
Speaker 1: acrostal Spedia. What do I do? All these people need

1132
00:54:08,719 --> 00:54:11,160
Speaker 1: to vote with their money? But how how do they

1133
00:54:11,280 --> 00:54:14,400
Speaker 1: vote with their money when every company has gone woke?

1134
00:54:14,920 --> 00:54:17,440
Speaker 1: And so I look at it, Um, this is my strategy.

1135
00:54:17,480 --> 00:54:18,959
Speaker 1: So I'll break it down. I'm calling it a three

1136
00:54:18,960 --> 00:54:21,560
Speaker 1: part strategy. It's a top down, bottom up, inside out.

1137
00:54:21,880 --> 00:54:24,480
Speaker 1: And so I borrowed it from Marxism, right, I stole

1138
00:54:24,520 --> 00:54:27,520
Speaker 1: it from Marxism. So Marxism came into the United States

1139
00:54:27,560 --> 00:54:30,239
Speaker 1: through a three part strategy, top down, bottom up, inside out,

1140
00:54:30,239 --> 00:54:32,440
Speaker 1: and I think we can fight back doing the same thing.

1141
00:54:33,040 --> 00:54:36,080
Speaker 1: And so top down is like politics, which we've already

1142
00:54:36,120 --> 00:54:38,040
Speaker 1: kind of agreed that there's not a lot of leverage there,

1143
00:54:38,080 --> 00:54:41,080
Speaker 1: but like local politics is still important. My sheriff's important,

1144
00:54:41,120 --> 00:54:43,120
Speaker 1: my governor is important, and you know, the further away

1145
00:54:43,120 --> 00:54:45,279
Speaker 1: it gets less important. But hey, uh, if i'm if

1146
00:54:45,320 --> 00:54:47,520
Speaker 1: I'm breathing, i'm swinging, I might as well be voting. Right,

1147
00:54:47,760 --> 00:54:50,520
Speaker 1: then there's the bottom up. And that's like the education piece,

1148
00:54:50,560 --> 00:54:53,120
Speaker 1: and so we can we can share education, we can

1149
00:54:53,600 --> 00:54:56,320
Speaker 1: wake people up, things like that. But then most importantly,

1150
00:54:56,320 --> 00:54:58,680
Speaker 1: it's the inside out. And this is where they really won,

1151
00:54:59,080 --> 00:55:02,279
Speaker 1: which is money. That's the businesses. And so we have

1152
00:55:02,280 --> 00:55:05,960
Speaker 1: all these businesses that are pushing these woke ideologies, the disneys,

1153
00:55:06,000 --> 00:55:09,680
Speaker 1: go woke, go broke, you know Netflix, Netflix pushing their movies,

1154
00:55:09,800 --> 00:55:13,239
Speaker 1: or you've got t mobile what we can all day.

1155
00:55:13,280 --> 00:55:16,560
Speaker 1: You get the point. But where do people spend their

1156
00:55:16,600 --> 00:55:19,960
Speaker 1: money if they don't align with that? And we're seeing

1157
00:55:20,360 --> 00:55:23,000
Speaker 1: businesses pop up and and the best example I have

1158
00:55:23,520 --> 00:55:27,680
Speaker 1: is Ben Shapiro so with Daily Wire, right and and

1159
00:55:27,719 --> 00:55:30,239
Speaker 1: I mean just look at this right, So, uh, Ben

1160
00:55:30,280 --> 00:55:33,120
Speaker 1: Shapiro started Daily Wire. Now they're doing a couple of things. One,

1161
00:55:33,160 --> 00:55:37,080
Speaker 1: they're creating movies that are anti woke movies. So people

1162
00:55:37,120 --> 00:55:40,360
Speaker 1: now have another option to spend their money. The best example,

1163
00:55:40,360 --> 00:55:43,800
Speaker 1: which you were probably thinking of, is Harry's Razors. I

1164
00:55:43,880 --> 00:55:49,280
Speaker 1: mean it is just like, well Harry's Razors. Harry's Razor

1165
00:55:49,440 --> 00:55:51,840
Speaker 1: was their sponsor and they were a woke company. And

1166
00:55:51,880 --> 00:55:53,880
Speaker 1: Ben Shapiro says, he's like really mean things. He's like

1167
00:55:53,920 --> 00:55:56,360
Speaker 1: this angry guy and he said that men can't get pregnant,

1168
00:55:56,719 --> 00:55:58,480
Speaker 1: and Harry's Razors was all mad and they said, you

1169
00:55:58,520 --> 00:56:00,319
Speaker 1: retrack that, or we're gonna pull our sponsor a ship,

1170
00:56:00,320 --> 00:56:02,880
Speaker 1: and he said, you know what, actually take your sponsorship.

1171
00:56:02,880 --> 00:56:05,360
Speaker 1: I'm gonna start Jeremy's Razors. And the whole website is

1172
00:56:05,400 --> 00:56:08,680
Speaker 1: we're just an anti woke company basically, and they're crushing it.

1173
00:56:09,680 --> 00:56:11,600
Speaker 1: Good question. And we have you know, we have my pillow,

1174
00:56:11,920 --> 00:56:14,880
Speaker 1: we got you know, black Rifle coffee. You know, uh,

1175
00:56:15,040 --> 00:56:16,319
Speaker 1: we you know, we can we we can look at

1176
00:56:16,320 --> 00:56:19,880
Speaker 1: different examples we got uh now there's like my Patriot mobile.

1177
00:56:20,160 --> 00:56:22,000
Speaker 1: You talked about this anti E s G fund which

1178
00:56:22,040 --> 00:56:25,879
Speaker 1: is Strive Asset Management, and so we're starting to see that, right,

1179
00:56:26,480 --> 00:56:30,000
Speaker 1: And UM, I'm curious your perspective. One, do you see

1180
00:56:30,080 --> 00:56:32,320
Speaker 1: that as a big problem in a big opportunity that

1181
00:56:32,360 --> 00:56:36,080
Speaker 1: if there's this vacuum and then to um do you

1182
00:56:36,120 --> 00:56:39,360
Speaker 1: see that? And then too, I looking at Harry's and

1183
00:56:39,440 --> 00:56:42,560
Speaker 1: Jeremy's Razors, and I know you're like this big Amazon

1184
00:56:42,600 --> 00:56:45,240
Speaker 1: guy branding products and building them out through But Jeremy

1185
00:56:45,320 --> 00:56:46,880
Speaker 1: is a friend of mine. I'm going to visit him

1186
00:56:46,920 --> 00:56:49,319
Speaker 1: in a few weeks down done in Nashville. So, I mean,

1187
00:56:50,000 --> 00:56:52,920
Speaker 1: I completely aligned with where they're going. But it seems

1188
00:56:52,920 --> 00:56:56,399
Speaker 1: like this opportunity is so big that like I could

1189
00:56:56,440 --> 00:56:59,799
Speaker 1: almost just take any product off Amazon top seller and

1190
00:56:59,800 --> 00:57:04,240
Speaker 1: just rebrand it and probably fill a pretty big void boom.

1191
00:57:04,280 --> 00:57:06,680
Speaker 1: So this is this, this, this is where you're something.

1192
00:57:08,160 --> 00:57:10,560
Speaker 1: You're hitting something really beautiful here. So I wrote a book.

1193
00:57:10,600 --> 00:57:12,799
Speaker 1: It's called Twelve Months to one Million. It's basically the

1194
00:57:12,800 --> 00:57:16,240
Speaker 1: playbook for building a million dollar business in about twelve months,

1195
00:57:16,280 --> 00:57:18,680
Speaker 1: broken down into you know, the step by step formula.

1196
00:57:19,000 --> 00:57:22,280
Speaker 1: But the first step in there is choose your who.

1197
00:57:22,640 --> 00:57:24,560
Speaker 1: Decide who your customer is going to be, not what

1198
00:57:24,600 --> 00:57:27,680
Speaker 1: product you're gonna sell, not what your mission statement is,

1199
00:57:27,840 --> 00:57:31,600
Speaker 1: but who it's for. What Jeremy Boring at Jeremy's Razors

1200
00:57:31,600 --> 00:57:34,880
Speaker 1: did so beautifully is they already have a very clear who.

1201
00:57:35,160 --> 00:57:39,680
Speaker 1: It's based on values. It's based on the underserved. It's

1202
00:57:39,960 --> 00:57:41,800
Speaker 1: those who don't feel like they have a voice or

1203
00:57:41,840 --> 00:57:44,400
Speaker 1: a place to put their dollars right now. And they said,

1204
00:57:44,400 --> 00:57:46,640
Speaker 1: all right, great, we'll start with Razors. We'll go here

1205
00:57:46,760 --> 00:57:48,760
Speaker 1: and we will serve the people who match our values.

1206
00:57:49,440 --> 00:57:51,920
Speaker 1: What's beautiful about that is we can do this with anything.

1207
00:57:51,920 --> 00:57:54,040
Speaker 1: We can do this with coffee. Black refle coffee did

1208
00:57:54,120 --> 00:57:56,400
Speaker 1: exactly the same thing. We can do this with toys.

1209
00:57:56,680 --> 00:57:59,960
Speaker 1: We could do those, We can fellows, we can, We

1210
00:58:00,080 --> 00:58:02,959
Speaker 1: can do it with any commodity because for the first

1211
00:58:02,960 --> 00:58:06,600
Speaker 1: time in history, we care about the values behind our

1212
00:58:06,640 --> 00:58:09,240
Speaker 1: decisions and where our dollar is going as much as

1213
00:58:09,240 --> 00:58:11,840
Speaker 1: we care about the product itself, if not more. I

1214
00:58:11,960 --> 00:58:15,400
Speaker 1: was just I had dinner two days ago with somebody

1215
00:58:15,440 --> 00:58:20,360
Speaker 1: who has a basically controls an audience of several million people,

1216
00:58:20,840 --> 00:58:24,920
Speaker 1: and they have a very Christian audience, like Board again

1217
00:58:25,000 --> 00:58:28,680
Speaker 1: conservative Christian audience, and we were basically brainstorming what a

1218
00:58:28,720 --> 00:58:31,200
Speaker 1: food brand would look like because a lot of times

1219
00:58:31,240 --> 00:58:35,920
Speaker 1: are dollars go to Kraft Hynds, or they go to Starbucks,

1220
00:58:35,960 --> 00:58:38,200
Speaker 1: they go to snack companies that we don't agree with.

1221
00:58:38,560 --> 00:58:41,360
Speaker 1: But if you had a food brand that what had

1222
00:58:41,440 --> 00:58:45,560
Speaker 1: a very clear mission for a clear person, you get

1223
00:58:45,600 --> 00:58:49,160
Speaker 1: that audience. And so so my answer to your question,

1224
00:58:49,320 --> 00:58:51,800
Speaker 1: like what do we do about this, I say start businesses.

1225
00:58:52,160 --> 00:58:54,360
Speaker 1: Start businesses for the people that you want to serve.

1226
00:58:54,640 --> 00:58:57,360
Speaker 1: You likely want to serve people just like you. Great,

1227
00:58:57,720 --> 00:59:01,200
Speaker 1: that makes for a very fun vision in filled exciting,

1228
00:59:01,240 --> 00:59:04,080
Speaker 1: profitable company because all we need to do is pick

1229
00:59:04,160 --> 00:59:07,440
Speaker 1: the person that we serve and then carve out, you know,

1230
00:59:07,480 --> 00:59:11,800
Speaker 1: the three to five products that that person buys or

1231
00:59:11,920 --> 00:59:16,280
Speaker 1: wants to buy and sell them consistently. Because four products

1232
00:59:16,320 --> 00:59:18,800
Speaker 1: that sell twenty five sales atday at a thirty dollar

1233
00:59:18,840 --> 00:59:21,400
Speaker 1: price point is a million dollar business. We just need

1234
00:59:21,440 --> 00:59:24,680
Speaker 1: to fill in those variables, and it starts with choosing who.

1235
00:59:24,800 --> 00:59:27,440
Speaker 1: And the beauty of what you're talking about is we

1236
00:59:27,480 --> 00:59:30,760
Speaker 1: can choose just about any product. Jeremy just posted how

1237
00:59:30,840 --> 00:59:33,320
Speaker 1: he wants to start a whiskey company now because the

1238
00:59:33,320 --> 00:59:36,640
Speaker 1: whiskey companies are going woke and it's just a great

1239
00:59:36,680 --> 00:59:41,040
Speaker 1: example of that values sell product and so if you

1240
00:59:41,120 --> 00:59:43,240
Speaker 1: believe in these things, you can start a business for

1241
00:59:43,320 --> 00:59:46,360
Speaker 1: exactly those types of people. People will push against you

1242
00:59:46,400 --> 00:59:48,960
Speaker 1: and people will choose to love you, and that I

1243
00:59:49,000 --> 00:59:51,520
Speaker 1: think is the opportunity. Now you have woke businesses, you'll

1244
00:59:51,520 --> 00:59:53,760
Speaker 1: have anti woke businesses, and people will be able to

1245
00:59:53,840 --> 00:59:56,560
Speaker 1: vote with their dollars because we have different options that

1246
00:59:56,640 --> 00:59:59,640
Speaker 1: align with our values. I think that is the opportunity

1247
00:59:59,720 --> 01:00:01,840
Speaker 1: for a about the next ten years to build a

1248
01:00:01,920 --> 01:00:04,320
Speaker 1: multimillion dollar business. Given if you don't have a good idea,

1249
01:00:04,640 --> 01:00:06,360
Speaker 1: even if you don't have experience, even you don't have

1250
01:00:06,400 --> 01:00:09,400
Speaker 1: a marketing budget, even you don't have VC capital, Like

1251
01:00:09,520 --> 01:00:13,000
Speaker 1: I think that is the opportunity for the next decade

1252
01:00:13,120 --> 01:00:14,520
Speaker 1: if we can what I literally we could call that

1253
01:00:14,640 --> 01:00:18,840
Speaker 1: capitalism agenda, Mark, we can we can just call that

1254
01:00:18,840 --> 01:00:21,120
Speaker 1: that's the agenda. That's the opportunity because many people as

1255
01:00:21,200 --> 01:00:25,439
Speaker 1: rich as possible before. And what I love about it, Ryan,

1256
01:00:25,560 --> 01:00:28,840
Speaker 1: is that not only is it a massive opportunity, so um,

1257
01:00:28,880 --> 01:00:34,760
Speaker 1: you know, uh I. I was doing an interview with

1258
01:00:35,200 --> 01:00:38,240
Speaker 1: my buddy George Gammon the other day and uh he

1259
01:00:38,280 --> 01:00:40,480
Speaker 1: has a very similar channel to my my channel, and

1260
01:00:40,600 --> 01:00:43,240
Speaker 1: I was asking him why, you know why all these

1261
01:00:43,360 --> 01:00:49,760
Speaker 1: videos are like fear porn, you know? And uhah, whatever, right,

1262
01:00:49,800 --> 01:00:52,240
Speaker 1: and it's like the world's gonna blow up, here's what

1263
01:00:52,280 --> 01:00:54,080
Speaker 1: you gonna do, right, And it's like these fear porn

1264
01:00:54,160 --> 01:00:56,800
Speaker 1: videos work out good. And and somebody messaged me DM

1265
01:00:56,880 --> 01:00:59,800
Speaker 1: me on Twitter. I think, um and they said, you

1266
01:00:59,800 --> 01:01:02,000
Speaker 1: know that that that that that question has been just

1267
01:01:02,080 --> 01:01:03,920
Speaker 1: repeated in my mind over and over and I've just

1268
01:01:03,960 --> 01:01:05,440
Speaker 1: been thinking about it. Why do I like fear born

1269
01:01:05,440 --> 01:01:07,720
Speaker 1: blah blah blah, and he wrote me this long answer

1270
01:01:08,000 --> 01:01:11,400
Speaker 1: and basically summarized and he said, look, I'm a midillennial. Uh,

1271
01:01:11,440 --> 01:01:13,520
Speaker 1: the economy has been ruined by these baby boomers real

1272
01:01:13,600 --> 01:01:16,320
Speaker 1: estates too expensive socks or two overvalued. I don't have

1273
01:01:16,400 --> 01:01:19,240
Speaker 1: a chance. I have nowhere to get in. I'm broke,

1274
01:01:19,480 --> 01:01:21,400
Speaker 1: and I guess I just rooting for the world to crash,

1275
01:01:21,440 --> 01:01:23,360
Speaker 1: so I have an opportunity to get back in. And

1276
01:01:23,400 --> 01:01:25,800
Speaker 1: it was interesting. It was like this really long message

1277
01:01:25,800 --> 01:01:27,120
Speaker 1: and I and I was like, you know what, I

1278
01:01:27,200 --> 01:01:28,960
Speaker 1: appreciate that long message. I'm gonna write him a long

1279
01:01:28,960 --> 01:01:30,960
Speaker 1: message back. And I wrote him a long message. I said, look,

1280
01:01:30,960 --> 01:01:33,240
Speaker 1: I get it. I understand your viewpoint. But look man,

1281
01:01:33,560 --> 01:01:35,960
Speaker 1: there's plenty of opportunity you can you can make a

1282
01:01:36,000 --> 01:01:38,360
Speaker 1: million because he said he said, if I found somebody

1283
01:01:38,360 --> 01:01:41,000
Speaker 1: that was behind this, I'd put all my might and

1284
01:01:41,080 --> 01:01:42,960
Speaker 1: being into it. And so I said, hey, you said

1285
01:01:43,000 --> 01:01:44,840
Speaker 1: you would put all your might and being into it.

1286
01:01:44,840 --> 01:01:46,960
Speaker 1: Would you put all your might and being into creating

1287
01:01:46,960 --> 01:01:48,720
Speaker 1: a million dollar business in the next twelve months, because

1288
01:01:48,720 --> 01:01:51,320
Speaker 1: you totally could. Here's how, And I said, step by

1289
01:01:51,360 --> 01:01:53,360
Speaker 1: step by step, like five steps. So what I love

1290
01:01:53,400 --> 01:01:55,400
Speaker 1: about is like this is a potential opportunity for all

1291
01:01:55,480 --> 01:01:58,280
Speaker 1: these people who feel disenfranchise. There's massive opportunity here. But

1292
01:01:58,360 --> 01:02:01,480
Speaker 1: what I like even better is is this group specifically

1293
01:02:01,520 --> 01:02:03,800
Speaker 1: these values and maybe these are more of my people

1294
01:02:03,840 --> 01:02:06,520
Speaker 1: than your people. But these people that see this these

1295
01:02:06,560 --> 01:02:10,520
Speaker 1: problems coming, like hey this this health passport movement system

1296
01:02:10,560 --> 01:02:12,880
Speaker 1: could be coming. Hey, this e s G to restrict

1297
01:02:12,880 --> 01:02:15,880
Speaker 1: movement could be coming. And I could start a business

1298
01:02:15,920 --> 01:02:18,320
Speaker 1: to counter that, and I can allow people to then

1299
01:02:18,400 --> 01:02:20,680
Speaker 1: vote with their money to choose and show to people

1300
01:02:20,720 --> 01:02:23,280
Speaker 1: which one they want. And so not only is an

1301
01:02:23,320 --> 01:02:25,640
Speaker 1: opportunity for me to go make money, but for me

1302
01:02:26,080 --> 01:02:28,200
Speaker 1: and and maybe we we only get here once we've

1303
01:02:28,280 --> 01:02:31,080
Speaker 1: made enough money. But making enough money isn't isn't it

1304
01:02:31,240 --> 01:02:34,160
Speaker 1: isn't isn't my objective anymore? Right, It's like, can I

1305
01:02:34,240 --> 01:02:36,320
Speaker 1: make money and affect change the way I want to

1306
01:02:36,320 --> 01:02:38,360
Speaker 1: affect change? And so I think that gives people the

1307
01:02:38,400 --> 01:02:41,600
Speaker 1: opportunity where they can one make money but also affect

1308
01:02:41,600 --> 01:02:43,840
Speaker 1: real change. According to the world view, if you don't

1309
01:02:43,880 --> 01:02:46,600
Speaker 1: want to see the world going woke, then do something

1310
01:02:46,640 --> 01:02:50,080
Speaker 1: about it. The opportunity and the solution at the same time. Yes,

1311
01:02:50,080 --> 01:02:52,160
Speaker 1: And the interesting thing there is that if you stand

1312
01:02:52,240 --> 01:02:55,080
Speaker 1: for something, you will end up making much more money

1313
01:02:55,400 --> 01:02:59,760
Speaker 1: than if you just have a lifeless, purposeless, visionless business.

1314
01:02:59,760 --> 01:03:02,520
Speaker 1: So if if you were to start, if you could

1315
01:03:02,880 --> 01:03:06,600
Speaker 1: at least pretend that you didn't have a money problem,

1316
01:03:06,600 --> 01:03:08,880
Speaker 1: and you could start the business with the vision and

1317
01:03:08,920 --> 01:03:13,280
Speaker 1: the values alignment first, you would become wealthier than if

1318
01:03:13,320 --> 01:03:16,400
Speaker 1: you had just started trying to grasp for money in

1319
01:03:16,400 --> 01:03:19,000
Speaker 1: the first place. And and these are the types of

1320
01:03:19,000 --> 01:03:23,840
Speaker 1: businesses that exit too, because you know when when Dollar

1321
01:03:23,920 --> 01:03:28,440
Speaker 1: Shape Club exited to uh To, you know Uni lever A,

1322
01:03:28,520 --> 01:03:32,320
Speaker 1: Uni Lever Gilette, when Dollar Shavee Club had its exit.

1323
01:03:32,960 --> 01:03:35,440
Speaker 1: If you read, if you read the PR statement about

1324
01:03:35,440 --> 01:03:37,800
Speaker 1: why it was acquired, it was about the customer base.

1325
01:03:38,280 --> 01:03:40,080
Speaker 1: It was because there was a brand new customer base.

1326
01:03:40,200 --> 01:03:42,600
Speaker 1: It was the young It was mostly the young male

1327
01:03:43,360 --> 01:03:47,560
Speaker 1: who was who was not buying from Gillette. They were

1328
01:03:47,560 --> 01:03:49,360
Speaker 1: buying from Dollar Shape Cub because it was it was

1329
01:03:50,240 --> 01:03:53,680
Speaker 1: the commercial was our razors are fn great, But it

1330
01:03:53,720 --> 01:03:58,520
Speaker 1: was it was that market rather than are our parents

1331
01:03:58,640 --> 01:04:02,240
Speaker 1: Gillette brand? And they knew that they could plug in

1332
01:04:02,920 --> 01:04:05,920
Speaker 1: different variables and different products into that same suite of

1333
01:04:05,960 --> 01:04:08,880
Speaker 1: customers because they were targeting a person not just selling

1334
01:04:08,880 --> 01:04:11,800
Speaker 1: a product. And so when you have build a business

1335
01:04:11,800 --> 01:04:15,320
Speaker 1: that's based on values and attracts a specific type of who,

1336
01:04:15,520 --> 01:04:19,600
Speaker 1: you not only get launched the profitability faster because you're

1337
01:04:19,600 --> 01:04:23,640
Speaker 1: speaking directly to a person, You not only get recurring customers,

1338
01:04:23,640 --> 01:04:26,040
Speaker 1: You not only are able to charge a higher price

1339
01:04:26,080 --> 01:04:28,240
Speaker 1: point because people are voting with their dollars, but you're

1340
01:04:28,240 --> 01:04:31,760
Speaker 1: actually putting yourself in a position to potentially sell a

1341
01:04:31,800 --> 01:04:36,680
Speaker 1: business to a larger firm that has a customer base

1342
01:04:36,720 --> 01:04:40,960
Speaker 1: that will complement that. And so the upside here of

1343
01:04:41,040 --> 01:04:45,000
Speaker 1: creating something that has that values alignment is many, many

1344
01:04:45,120 --> 01:04:48,640
Speaker 1: millions of dollars. And I think we're only now seeing

1345
01:04:49,040 --> 01:04:52,240
Speaker 1: the beginning of that gold rush. So I'm really glad

1346
01:04:52,280 --> 01:04:55,000
Speaker 1: you're making that observation money. And what I what I what?

1347
01:04:55,080 --> 01:04:56,960
Speaker 1: Elso I like to let that from a business standpoint

1348
01:04:57,040 --> 01:04:58,680
Speaker 1: is kind of to the point is like who are

1349
01:04:58,720 --> 01:05:01,280
Speaker 1: you selling to? So typically you know, when you're selling

1350
01:05:01,280 --> 01:05:03,840
Speaker 1: a product, I'm selling to you know, expecting mothers or

1351
01:05:03,920 --> 01:05:05,840
Speaker 1: middle aged men, and you have to kind of figure

1352
01:05:05,840 --> 01:05:08,480
Speaker 1: out that avatar, who is this, where are they? What

1353
01:05:08,560 --> 01:05:10,680
Speaker 1: are the concerns in their head? All those things. But

1354
01:05:10,760 --> 01:05:13,360
Speaker 1: once you figure out for this audience. Then you could

1355
01:05:13,400 --> 01:05:18,360
Speaker 1: just apply that across a whole spectrum of products. Right,

1356
01:05:18,600 --> 01:05:21,760
Speaker 1: So that's like a way to really scale this thing up. Now,

1357
01:05:21,760 --> 01:05:24,800
Speaker 1: what about what about taking it to another level? And

1358
01:05:24,840 --> 01:05:26,280
Speaker 1: so really, when you look at a lot of these

1359
01:05:26,280 --> 01:05:28,840
Speaker 1: woke companies, UM, a lot of these wold companies might

1360
01:05:29,160 --> 01:05:31,680
Speaker 1: put things on their website like, hey, we donate to

1361
01:05:32,400 --> 01:05:34,960
Speaker 1: uh BLM or Antifa or l g B d Q

1362
01:05:35,280 --> 01:05:37,480
Speaker 1: or whatever these whatever these things are. We want to

1363
01:05:37,520 --> 01:05:40,360
Speaker 1: support you know, teaching trends in elementary schools or whatever. Right,

1364
01:05:40,360 --> 01:05:42,840
Speaker 1: so they have the things that they support and they're behind.

1365
01:05:43,360 --> 01:05:46,600
Speaker 1: Do you think these uh anti woke companies or whatever

1366
01:05:46,760 --> 01:05:49,160
Speaker 1: would also do something similar where they would say, hey,

1367
01:05:49,280 --> 01:05:52,440
Speaker 1: well we support UM keeping kids safe in school, or

1368
01:05:52,480 --> 01:05:55,800
Speaker 1: we support whatever something like that, some sort of elective

1369
01:05:55,880 --> 01:05:59,000
Speaker 1: collective action superPAC type thing. Of course, I mean we're

1370
01:05:59,040 --> 01:06:03,840
Speaker 1: already starting to see that. The my kind of my story,

1371
01:06:03,960 --> 01:06:06,960
Speaker 1: if you will, on how politics works is when when

1372
01:06:07,000 --> 01:06:10,400
Speaker 1: you're in power, you're mostly satisfied, and when you're out

1373
01:06:10,440 --> 01:06:13,320
Speaker 1: of power, you tend to mobilize and organize. And so

1374
01:06:13,400 --> 01:06:16,960
Speaker 1: while Trump was president, the left did more mobilization and

1375
01:06:17,000 --> 01:06:20,840
Speaker 1: so they got behind more causes the conservative side. The

1376
01:06:21,000 --> 01:06:23,160
Speaker 1: right is doing that now where we are starting to

1377
01:06:23,320 --> 01:06:26,760
Speaker 1: organize around clauses, which is why something like a Jeremy's

1378
01:06:26,840 --> 01:06:29,800
Speaker 1: Razors was so perfectly timed because people are voting with

1379
01:06:29,840 --> 01:06:33,200
Speaker 1: their dollars promote those values. So we're starting to see

1380
01:06:33,280 --> 01:06:37,520
Speaker 1: that happen. Where As these organizations are profiting, you see

1381
01:06:37,520 --> 01:06:40,040
Speaker 1: that they're standing for something and customers want to be

1382
01:06:40,080 --> 01:06:42,360
Speaker 1: a part of that story. Because they stand for something,

1383
01:06:42,720 --> 01:06:45,640
Speaker 1: there's gonna be charities that are started. There's I think

1384
01:06:45,640 --> 01:06:47,360
Speaker 1: that maybe a good example of this would be our

1385
01:06:47,360 --> 01:06:51,080
Speaker 1: friends at the Operation Underground Railroad. Right. Operation Underground Railroad

1386
01:06:51,160 --> 01:06:54,440
Speaker 1: is doing amazing work riscuing kids from trafficking, and you

1387
01:06:54,480 --> 01:06:58,480
Speaker 1: have businesses that are making donations to support that. For example,

1388
01:06:58,960 --> 01:07:02,080
Speaker 1: I invested in a company called Ancient Strength. They are

1389
01:07:02,320 --> 01:07:06,520
Speaker 1: a protein company and they're a health company. They sell

1390
01:07:06,720 --> 01:07:10,600
Speaker 1: a delicious protein powder and a significant portion of their

1391
01:07:10,640 --> 01:07:15,040
Speaker 1: sales goes right to Operation Underground Railroad. When they do promotions,

1392
01:07:15,080 --> 01:07:19,280
Speaker 1: they're doing webinars to draw awareness of rescuing kids from

1393
01:07:19,360 --> 01:07:23,160
Speaker 1: trafficking rather than the benefits of eating protein. Right. That

1394
01:07:23,160 --> 01:07:26,320
Speaker 1: that is a values alignment that is starting a company

1395
01:07:26,320 --> 01:07:29,240
Speaker 1: in a saturated market like who would go into a

1396
01:07:29,280 --> 01:07:33,200
Speaker 1: business selling protein, right, It's there's so many competitors. But

1397
01:07:33,520 --> 01:07:36,080
Speaker 1: the founder Mark said, I want this to be more

1398
01:07:36,120 --> 01:07:38,200
Speaker 1: than just selling protein. I want this to stand for something.

1399
01:07:38,200 --> 01:07:40,680
Speaker 1: I wanted to be a cause, like the thing that

1400
01:07:40,720 --> 01:07:43,440
Speaker 1: I care about most in the world, rescuing children. So

1401
01:07:43,480 --> 01:07:45,520
Speaker 1: I'm going to sell protein and give a peace to

1402
01:07:45,600 --> 01:07:48,840
Speaker 1: it to this cause because I have no other way

1403
01:07:49,160 --> 01:07:51,080
Speaker 1: for me to make so much money that it might

1404
01:07:51,120 --> 01:07:53,480
Speaker 1: make a difference on this thing that matters to me

1405
01:07:53,640 --> 01:07:58,240
Speaker 1: so much. So that company Ancient Strength is kind of

1406
01:07:58,280 --> 01:08:00,800
Speaker 1: reflecting what you're talking about. Where it is making a

1407
01:08:00,880 --> 01:08:04,520
Speaker 1: statement and where they spend their money, and that is

1408
01:08:04,560 --> 01:08:07,800
Speaker 1: to causes that people like us tend to support, and

1409
01:08:07,800 --> 01:08:10,200
Speaker 1: you're I think you're absolutely going to see more of that.

1410
01:08:10,280 --> 01:08:14,479
Speaker 1: We just we haven't had enough time of organizing, while

1411
01:08:14,680 --> 01:08:18,320
Speaker 1: the Left has had more time to do that. Um.

1412
01:08:18,360 --> 01:08:21,920
Speaker 1: It makes me think of back to stakeholder capitalism, which

1413
01:08:22,000 --> 01:08:25,240
Speaker 1: is kind of in direct contrast to Milton Friedman, who

1414
01:08:25,360 --> 01:08:29,559
Speaker 1: basically his theory was that business should only focus on profit,

1415
01:08:29,680 --> 01:08:33,719
Speaker 1: that's it, and by focusing on profit you get all

1416
01:08:33,800 --> 01:08:36,599
Speaker 1: the other benefits of like philanthropy. So when I drive

1417
01:08:36,640 --> 01:08:38,679
Speaker 1: by my local high school. I see all these businesses

1418
01:08:38,720 --> 01:08:41,559
Speaker 1: advertising at the high school. Why, well, because they're supporting

1419
01:08:41,560 --> 01:08:43,599
Speaker 1: the community. Why are the supporting the community, Well, because

1420
01:08:44,040 --> 01:08:47,080
Speaker 1: they hope to get more business, right, and so philanthropy

1421
01:08:47,280 --> 01:08:50,200
Speaker 1: profit drives philanthropy. Um and and this is a way

1422
01:08:50,200 --> 01:08:52,000
Speaker 1: where I think we can change the world. We can

1423
01:08:52,000 --> 01:08:53,960
Speaker 1: align with our values, we can make money. It's the

1424
01:08:53,960 --> 01:08:57,240
Speaker 1: massive opportunity. So we certainly agree on most things, and

1425
01:08:57,240 --> 01:08:59,599
Speaker 1: and and again just to kind of highlight the reason

1426
01:08:59,640 --> 01:09:01,639
Speaker 1: why it's important for you and I and everybody else

1427
01:09:01,680 --> 01:09:03,320
Speaker 1: to have a little bit of differences of opinion is

1428
01:09:03,360 --> 01:09:05,479
Speaker 1: because we just see different problems and then we come

1429
01:09:05,560 --> 01:09:07,400
Speaker 1: up with different solutions and we all need to be

1430
01:09:07,439 --> 01:09:08,800
Speaker 1: doing it and we and we and we come up

1431
01:09:08,800 --> 01:09:11,960
Speaker 1: with different solutions differently. So UM, good stuff, Ryan, I

1432
01:09:11,960 --> 01:09:16,080
Speaker 1: think we've gone a long time. Big problem, bigger problem

1433
01:09:16,120 --> 01:09:18,559
Speaker 1: for me than you either way, big problems uh and

1434
01:09:18,560 --> 01:09:21,519
Speaker 1: and and big solutions. We are aligned where I see

1435
01:09:21,600 --> 01:09:25,480
Speaker 1: massive hope and prosperity because I am extremely bullish entrepreneurs,

1436
01:09:25,920 --> 01:09:30,320
Speaker 1: extremely bullish on capitalism uh and human ingenuity um and

1437
01:09:30,320 --> 01:09:33,120
Speaker 1: the drive for freedom. So with that, and let's let

1438
01:09:33,120 --> 01:09:36,000
Speaker 1: me let me honor like I I recognize that you

1439
01:09:36,000 --> 01:09:38,360
Speaker 1: know it's it's your show. Your audience is going to

1440
01:09:38,439 --> 01:09:40,800
Speaker 1: align with your view on the world much more than mine.

1441
01:09:41,320 --> 01:09:44,280
Speaker 1: And I would say, if that's your take, the thing

1442
01:09:44,360 --> 01:09:47,160
Speaker 1: you need to do in order to impact change start

1443
01:09:47,160 --> 01:09:50,200
Speaker 1: a business and get rich. This like if if you

1444
01:09:50,400 --> 01:09:54,880
Speaker 1: be an be an owner, if you believe that there

1445
01:09:55,160 --> 01:10:00,439
Speaker 1: is malintent among the leaders, then become a leader. If

1446
01:10:00,479 --> 01:10:03,719
Speaker 1: you think that there is malintent among people who own

1447
01:10:03,800 --> 01:10:07,880
Speaker 1: businesses and make decisions, start a business, build a really

1448
01:10:07,920 --> 01:10:11,720
Speaker 1: profitable one, and have your values infiltrate the rest of

1449
01:10:11,720 --> 01:10:15,439
Speaker 1: the world. We give so much energy and attention to

1450
01:10:15,800 --> 01:10:18,479
Speaker 1: people that we don't like and the things that they

1451
01:10:18,520 --> 01:10:21,800
Speaker 1: stand for, and so little attention to how we can

1452
01:10:21,840 --> 01:10:24,720
Speaker 1: spread our own values and do something about it. We

1453
01:10:24,840 --> 01:10:28,960
Speaker 1: give so little attention and focus to creating something that

1454
01:10:29,080 --> 01:10:31,040
Speaker 1: is response to the things that we don't want to

1455
01:10:31,040 --> 01:10:33,040
Speaker 1: see in the world and creating the vision that we

1456
01:10:33,120 --> 01:10:36,400
Speaker 1: want to see. Whereas I say, as we if we

1457
01:10:36,439 --> 01:10:39,639
Speaker 1: give all of our attention to creating a difference, then

1458
01:10:39,680 --> 01:10:43,280
Speaker 1: we won't ever have to worry about governments or big

1459
01:10:43,360 --> 01:10:47,880
Speaker 1: powers or organizations, because we'll be so busy creating something

1460
01:10:47,920 --> 01:10:50,519
Speaker 1: bigger than what than what they could take that, they

1461
01:10:50,560 --> 01:10:53,280
Speaker 1: won't be able to stop us. So I say, if

1462
01:10:53,320 --> 01:10:56,960
Speaker 1: you are more in alignment with Mark's view of things,

1463
01:10:57,000 --> 01:10:59,639
Speaker 1: the best thing you can do is to create something

1464
01:11:00,040 --> 01:11:03,400
Speaker 1: that matches your values, that creates something for those types

1465
01:11:03,439 --> 01:11:06,360
Speaker 1: of customers to get fabulously wealthy, doing so in the

1466
01:11:06,360 --> 01:11:10,200
Speaker 1: process and infecting change every step of the way. Yeah,

1467
01:11:10,640 --> 01:11:12,960
Speaker 1: uh said in a short way is stop being a

1468
01:11:13,040 --> 01:11:15,920
Speaker 1: victim and go create the world you want. All right?

1469
01:11:16,040 --> 01:11:20,760
Speaker 1: So yeah, great stuff, Ryan, I enjoyed every minute of this.

1470
01:11:20,840 --> 01:11:23,479
Speaker 1: Thank you so much for debating me, for having me,

1471
01:11:23,680 --> 01:11:26,920
Speaker 1: for talking about for for standing for values of capitalism

1472
01:11:27,000 --> 01:11:30,800
Speaker 1: and freedom and money and investing. Thank you for what

1473
01:11:30,840 --> 01:11:33,479
Speaker 1: you're doing. Thank you for having me on. Yeah, thank you.

1474
01:11:33,520 --> 01:11:36,639
Speaker 1: Thank you to you as well. Um. If I do

1475
01:11:36,800 --> 01:11:38,880
Speaker 1: know that that own nothing to be be happy came from

1476
01:11:38,880 --> 01:11:41,200
Speaker 1: the story, but I'd get it. But if you believe

1477
01:11:41,200 --> 01:11:42,719
Speaker 1: that that's their goal, to own nothing to be happy,

1478
01:11:42,720 --> 01:11:46,320
Speaker 1: then become an owner, own your business, own your assets.

1479
01:11:46,479 --> 01:11:48,760
Speaker 1: And this is the way that you do it, and

1480
01:11:48,880 --> 01:11:50,840
Speaker 1: uh do it do it through business. Um. All right,

1481
01:11:50,840 --> 01:11:52,679
Speaker 1: with that, well hood and sign it off, Ryan, Uh.

1482
01:11:52,840 --> 01:11:56,000
Speaker 1: Follow Ryan check it out capitalism dot com on Twitter

1483
01:11:56,040 --> 01:11:58,800
Speaker 1: at Ryan Moran M O r a N. We'll link

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Speaker 1: through it in the show notes down below, and with

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Speaker 1: that we'll sign it off. Thanks Ryan, great to see you,

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Speaker 1: Bark