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Speaker 2: I was just Troy like, I'm not a podcast guy.

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Speaker 2: I'm very shy. I'm a trained introvert, I was revener,

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Speaker 2: I'm a coder. I'm an engineer, but I found that

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Speaker 2: I have to speak. If bad people speak all the time,

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Speaker 2: then people will just be bad if good people speak

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Speaker 2: all the time, then good people will be more so.

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Speaker 2: I think that anyone who has something or has a

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Speaker 2: certain story, they have to say it. Maybe someone gets

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Speaker 2: inspired by this and you change or her life. I

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Speaker 2: don't believe in universities. I think twenty days, twenty years

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Speaker 2: from today, no one will go to universities and people

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Speaker 2: who will learn from things like you, things like this,

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Speaker 2: and this is where the real value is created.

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Speaker 3: This episode is sponsored by Greenwood.

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Speaker 2: My graduates from my school being forced bad.

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Speaker 4: Drop my draft, bad draft, bad drafts.

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Speaker 5: Hey, Ernest, did you know that the black community has

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Speaker 5: two point seven trillion dollars of spending power? Are you

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Speaker 5: of black dreamers looking to create a self sufficient community

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Speaker 5: in the Greenwood District of Tosa, Oklahoma aka Black Wall Street. Today,

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Speaker 5: strengthen the Black dollar using the same community reinfestment strategies

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Speaker 5: of the original Greenwood District, and it's powered by a

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Speaker 5: best in class mobile app that allows you.

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Speaker 2: To bank from anywhere.

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Speaker 5: So, Ernest, if you're ready to build a new legacy

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Speaker 5: of black economic achievement, go to Bankgreenwood dot com slash

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Speaker 5: EYL and sign up to be a part of the

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Speaker 5: new Greenwood community. That's Bank Greenwood dot Com slash EYL.

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Speaker 5: Don't wait, don't hesitate, head over there now.

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Speaker 4: Welcome to Eyl, Egypt. Yeah, first and foremost, give yourselves

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Speaker 4: a round of applause.

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Speaker 3: Please clap it up.

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Speaker 5: This is this is pretty historic for those of y'all watching,

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Speaker 5: and we actually have a live audience here with us,

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Speaker 5: which is incredible, and we're on the top of the

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Speaker 5: Ritz Carlton in Cairo, Egypt. This is another historic moment

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Speaker 5: for Eyl. So again, Ronald, plus for yourself of being here.

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Speaker 5: We're gonna make history again today, y'all. Y'all part of it,

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Speaker 5: So thank you for being here.

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Speaker 3: Yeah. Yeah, So we're gonna get into it.

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Speaker 4: But before we start, we got to give a special

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Speaker 4: special shout out to one Love Travel shout out to

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Speaker 4: Javan and Chloe for putting this together. Dope dope, black

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Speaker 4: owned company that is really changing the game when it

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Speaker 4: comes to travel. So shout out to you guys. You

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Speaker 4: guys are amazing. Thank you, Yeah, thank you. They tapped

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Speaker 4: in the earners at here. This might be a new standard.

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Speaker 4: What do you think this might be a new standard

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Speaker 4: rooftops river views. I mean, this is the new thing

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Speaker 4: for us.

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Speaker 2: I think.

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Speaker 3: Yeah, So were gonna get into this.

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Speaker 4: But before we start, I gotta say something because this

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Speaker 4: is one of these moments and I think it's important

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Speaker 4: for everybody. We're gonna put this on podcasts, outlets and YouTube,

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Speaker 4: so people all over the world's gonna be able to

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Speaker 4: hit this for you guys here right now with us

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Speaker 4: and a lot of you guys, most of you guys

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Speaker 4: have been with us from the very beginning of our journey.

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Speaker 4: Shout out to him his business, one of our first,

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Speaker 4: our first first, the first in the building. She was

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Speaker 4: with us from the from the early stages, very beginning.

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Speaker 4: And shout out to all of our friends and family

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Speaker 4: that's here as well. Shout out to my boy b

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Speaker 4: on the on the camera. You know, it took a

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Speaker 4: lot of people to get us to where we're at

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Speaker 4: now and we can never forget the beginning stages or

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Speaker 4: the people that supported us at the beginning stages. And

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Speaker 4: you know, it's very humbling experience starting in Troy's dining

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Speaker 4: room and uh, you know in west Chester, New York,

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Speaker 4: you know, a small town that nobody ever heard of,

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Speaker 4: and we didn't we didn't really have any resources. We

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Speaker 4: started with an iPhone and uh, just the information that

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Speaker 4: we learned on the fly. And now to be on

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Speaker 4: the other side of the world doing a live podcast

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Speaker 4: at the Top Florida its Carlton in Cairo, Egypt and

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Speaker 4: just under three years just goes to show you that

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Speaker 4: anything is possible if you put your mind to it,

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Speaker 4: and you know, things can change very quickly. So I

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Speaker 4: just want to put that message out there because you know,

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Speaker 4: we're gonna have a good time tonight.

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Speaker 3: We're gonna enjoy this. But let's not forget that we.

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Speaker 4: All have goals, we all have you know, aspirations, and

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Speaker 4: sometimes it can be seem like, you know, it's so

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Speaker 4: far from being reached or being attained, but we're living

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Speaker 4: proof that you know, in a very short period of time,

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Speaker 4: if you put your mind to it, if your original

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Speaker 4: we work hard, keep God first, and anything is possible,

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Speaker 4: So just keep that in mind.

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Speaker 2: Yeah, and this is this is super special. This. I

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Speaker 2: know we said you started. We started in my dining room.

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Speaker 5: This is actually the first time my kids get to

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Speaker 5: watch Daddy at work. So they always see Uncle with

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Speaker 5: shot and Daddy on the YouTube and they watch the

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Speaker 5: episodes and they listen to them, but they've never actually

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Speaker 5: seen us do it live. So this is really important

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Speaker 5: because most of the times when we were shooting in

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Speaker 5: the dining room, I was like, you got to take

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Speaker 5: the kids somewhere, take them somewhere they can't make any noise,

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Speaker 5: and so now they get to see us here.

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Speaker 2: Very important. It's a special moment.

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Speaker 4: So we got one of the brightest, sharpest entrepreneurs business

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Speaker 4: minds in EACHYPT. So we're gonna this is going to

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Speaker 4: be a universal episode that's going to touch on business

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Speaker 4: topics that you can use in the States. But also,

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Speaker 4: you know, our message is bigger than just America. We

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Speaker 4: have listeners all over the world, so we want to

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Speaker 4: expand the message and talk about things that's relevant all

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Speaker 4: over the world, especially on the continent of Africa. We

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Speaker 4: just came from Nigeria. So now we're in Egypt, and

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Speaker 4: you know, we plan on visiting a lot of different

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Speaker 4: countries on the continent, so this is going to be

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Speaker 4: a message of a lot of information, so you know,

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Speaker 4: typical eyol fashion.

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Speaker 5: Yeah, I think it's dope because we could have brought

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Speaker 5: people from other parts of the world and interviewed them

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Speaker 5: here in Egypt. But why do that when it's already

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Speaker 5: amazing talent here. And So when I was talking to

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Speaker 5: Muhammad prior to starting today, said but I'm not a superstar,

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Speaker 5: I said, don't worry after this, you will be. In fact,

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Speaker 5: you are because you're doing things in the tech world

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Speaker 5: that are amazing and you're not doing it on the

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Speaker 5: football field, and that needs to be highlighted.

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Speaker 2: So that's why we're here and we're glad to have you.

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Speaker 4: Yes, So Muhammad abdu Naga, say that correctly.

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Speaker 2: Sorry you've been killing the pronunciation.

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Speaker 4: Yeah, you know, people always mess up my name, so

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Speaker 4: I'm very I'm very cognizant of saying people's names.

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Speaker 3: Right.

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Speaker 4: So tech entrepreneur, fintech superstar, co founder and CEO of Cleaver,

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Speaker 4: we're going to talk about that co founder of Helen,

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Speaker 4: which is Africa's super app, Egypt's most funded app in

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Speaker 4: twenty twenty, and also was the original director of Kareem.

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Speaker 4: Kareem is the Uber of Egypt, and I believe that

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Speaker 4: Uber actually acquired them for three billion dollars. So we're

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Speaker 4: gonna have a you know, a very interesting comments ahead.

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Speaker 5: Don't let that three billion, don't don't worry. Mama said,

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Speaker 5: don't worry. I didn't get all that three billion.

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Speaker 4: So so all right, let's let's get into this.

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Speaker 3: What is Cleaver?

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Speaker 2: First of all, thank you for having me here, and

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Speaker 2: I love the place, I love the nile in the background.

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Speaker 2: And I'm not a superstar, so I hope I'm not

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Speaker 2: the worst one in all of your episodes, so I'll

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Speaker 2: do my best to be okay. So Clever is a

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Speaker 2: product that enhances the financial health of Egyptians and helps

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Speaker 2: them know how to spend their money better and do

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Speaker 2: it right. It's very similar. Was inspired by New Bank

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Speaker 2: in Brazil, which is a big digital bank, and by

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Speaker 2: Current in the States, and we're launching in a couple

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Speaker 2: of months. We're building the infrastructure now. And the word

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Speaker 2: comes from clever and clev which means going up. So

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Speaker 2: it's a new word we just came up with to

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Speaker 2: spend less in marketing. So it's a very special word.

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Speaker 2: So we just wanted a new name to sit in

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Speaker 2: front of our brand.

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Speaker 5: Your focus, you said, is focusing on the underserved, So

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Speaker 5: that takes a lot. It takes a lot of humility,

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Speaker 5: but it also takes a lot of compassion. Is that

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Speaker 5: coming from a background where you were at one point

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Speaker 5: or your family were the underserved and realizing there's a

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Speaker 5: deficit here and we need to change it.

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Speaker 2: Let me be honest, I was not really an under family.

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Speaker 2: I come from a middle class family, but I always

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Speaker 2: aspired for more. I always felt that our generation can

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Speaker 2: do more than what they do. We don't have to

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Speaker 2: be all either doctors or mechanical engineers, which is what

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Speaker 2: my family wanted me to do. So yeah, so I

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Speaker 2: must say that I'm sort of an underserved, especially in dreaming,

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Speaker 2: because we weren't taught how to dream in university. And

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Speaker 2: we were underserved a lot in dreaming because we were

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Speaker 2: forced to like find a way to find income, but

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Speaker 2: not to help others find income. And I think the

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Speaker 2: second one is what really matters to us.

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Speaker 5: Yes, speaking speaking of that fine income and One of

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Speaker 5: the conversations we had prior was the average income for

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Speaker 5: Egyptian citizens. Can you touch on that because a lot

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Speaker 5: of times we got to put things in perspective. When

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Speaker 5: we talk about poverty in America and we say twenty

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Speaker 5: four thousand is the limit and people are making minimum

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Speaker 5: wage of fifteen thousand hour, you enlighten me when you

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Speaker 5: talked about it.

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Speaker 2: You just touched a little bit. The average income in

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Speaker 2: Egypt is not very high. However, the country itself is

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Speaker 2: also not super expensive. But what we're aspiring to is

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Speaker 2: to increase in the companies we started, is to increase

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Speaker 2: the extra income. So for example, there are a lot

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Speaker 2: of carem captains. The drivers record them captains that increase

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Speaker 2: their income by driving by up to three or four

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Speaker 2: x their regular income. And then fawori for example, those

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Speaker 2: shop owners increase their income by paying bills for others,

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Speaker 2: and then highland delivery guys and two and three wheeler drivers.

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Speaker 2: So I think that yes, the average income in Egypt

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Speaker 2: on a global scale is very low. However, you can

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Speaker 2: live a dignified life in Egypt with much less than

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Speaker 2: any other place in the world. And the things we're

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Speaker 2: working on increase the X strain, which what makes people

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Speaker 2: aild to like pay for their sons or daughters, managers,

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Speaker 2: travel by cars, by anything they need because the basic

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Speaker 2: incomes and the basic level of life in Egypt is

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Speaker 2: very doable, but it's very hard to do extra stuff.

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Speaker 2: And this is what we're trying to add to the people.

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Speaker 4: So is this a combination of things? Because I see,

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Speaker 4: all right, so we're going to talk about Helen. So

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Speaker 4: Helen was that's the uber eats No, Kareem is the

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Speaker 4: Uber of Egypt. So you had just mentioned something where

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Speaker 4: the company Cleaver is a banking app, so you said

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Speaker 4: that actually increase people's income. So it sounds very similar

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Speaker 4: to what we talk about on the show a lot

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Speaker 4: as far as multiple streams of income side hustles where

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Speaker 4: in the state, somebody might be working a job and

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Speaker 4: then they drive a uber for extra income and then

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Speaker 4: it's like, Okay, now you make extra income, but what

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Speaker 4: do you do with that extra income?

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Speaker 3: You gotta do something positive.

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Speaker 4: So now you have a banking actually actually allows them

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Speaker 4: to do something positive. So was that done intentionally where

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Speaker 4: it's like, Okay, Kareem get more income. Now I'm gonna

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Speaker 4: start you know, the fintech banking app where you know,

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Speaker 4: so many people are employed now part time driving cars.

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Speaker 4: Now they can actually do something. Now they have to

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Speaker 4: actually do something with their money. So the banking app

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Speaker 4: just makes sense.

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Speaker 2: It wasn't really planned, but however, this is how the

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Speaker 2: market have been changing. Like in the beginning in Kareem,

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Speaker 2: we were looking at copying Uber. Let me be frank here,

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Speaker 2: we're not. We're not innovators. If it's not broke, don't fix.

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Speaker 2: We just copy other things that worked in other countries

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Speaker 2: and we do it the Egyptian way that fits our markets,

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Speaker 2: and we innovate inside the business itself. So we didn't

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Speaker 2: do a robot, dot flies or an ai whatever buzzwords,

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Speaker 2: blockchain things that people say to make people listen to them.

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Speaker 2: We did something very very simple, but we executed well.

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Speaker 2: And then Kareem at a point in time in Egypt,

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Speaker 2: we had around one hundred thousand captains on our platform,

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Speaker 2: so this is one hundred thousand families making extra income,

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Speaker 2: and how on with each two one hundred thousand, which

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Speaker 2: is two hundred thousand families making extra income and clever, Yes,

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Speaker 2: as you were saying, we're trying to improve how people

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Speaker 2: spend and make it more transparent. There are no hidden spending.

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Speaker 2: You have to know what you can budget for yourself.

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Speaker 2: You can budget for your family. So if you have

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Speaker 2: one hundred dollars and you use our app, you should

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Speaker 2: be able to spend it in a more healthy way

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Speaker 2: to make the best out of it. You what was

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Speaker 2: the process?

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Speaker 5: Because you talk about you work in a kareem uh

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Speaker 5: and then you had clever. This went out, hello, yeah,

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Speaker 5: we got yeah, you went to clear you a kareem

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Speaker 5: and then you ate clever. So what was your background?

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Speaker 5: Did you study engineering? Where did you get a bug

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Speaker 5: for it? Or watching YouTube? University?

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Speaker 2: I studied the computer electronics engineering with a minor and

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Speaker 2: computer science in the American Advice the University in Cairo.

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Speaker 2: It was just across the road from here, and I

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Speaker 2: learned how to code on university, But I learned how

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Speaker 2: to work in the street, in the business itself, because

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Speaker 2: I believe that universities never teach you how to do

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Speaker 2: the work. They just give you the basic stuff. And

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Speaker 2: the real university is life itself and the learning of

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Speaker 2: other people. So my managers and my mentors are the

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Speaker 2: ones who taught me how to scale companies. How to

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Speaker 2: use technology to grow. And I guess I come from

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Speaker 2: an engineering background, but most of the soft skills that

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Speaker 2: I learned, I learned and work itself.

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Speaker 4: So you said something that's very important I want to

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Speaker 4: get back to because we just One good thing about

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Speaker 4: traveling is that it opens your eyes and it opens

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Speaker 4: your minds and it gives you ideas. So hey, you

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Speaker 4: said that you don't have to reinvent a way on paraphrasing,

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Speaker 4: and that's true for any entrepreneur. A lot of times

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Speaker 4: people feel like they have to come up with the

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Speaker 4: next thing. But it's like Take pretty much copy what

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Speaker 4: Uber did and they got acquired by three billion dollars.

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Speaker 4: So Take got three billion by copying. So there's not

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Speaker 4: wrong with copying. You just have to copy the right

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Speaker 4: person first. And second, when you said as far as

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Speaker 4: like you know, being in Egypt, that made me think

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Speaker 4: we just came from Nigeria. So we met a lot

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Speaker 4: of Americans that was in Nigeria that moved from America

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Speaker 4: to Nigeria, their family from Nigeria, stuff like that, and

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Speaker 4: they driving roads voices regular and they coming from Jersey, Chicago,

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Speaker 4: just regular neighborhoods in New York and they were telling

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Speaker 4: us that they just served things that were needed in

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Speaker 4: Nigeria and there wasn't anybody actually doing it. So like

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Speaker 4: we met a guy that's in cybersecurity. He's just a

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Speaker 4: regular computer program in America, but now he's the head

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Speaker 4: of the whole cybersecurity in Nigeria because there was nobody

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Speaker 4: else doing it, they was outsourcing it to America. So

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Speaker 4: he came in and said, Okay, hey, I'm Nigerian, I

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Speaker 4: can do it for cheaper. I'm an American, so I could

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Speaker 4: actually know exactly what they're doing. They're like, okay, lot

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Speaker 4: of guy's like running the whole thing. So I say

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Speaker 4: that to say, sometimes we just think too small. You

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Speaker 4: can't and that's even with being out here. That's one

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Speaker 4: of the reasons why we wanted to put this trip

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Speaker 4: together is that you can't just think local.

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Speaker 3: You gotta think global.

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Speaker 4: And his opportunities all over the world world, and there's

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Speaker 4: opportunities right there in your back yard if you just

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Speaker 4: look and think bigger. And like I said, you don't

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Speaker 4: have to reinvent the whale. Sometimes you can just actually

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Speaker 4: do what somebody else's door.

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Speaker 2: Take the wheel, make it your own. Yeah, And speaking

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Speaker 2: of this, like I graduated in two thousand and nine

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Speaker 2: from university and most of the people who graduated from

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Speaker 2: my major went outside working for facebooks the Mondos of

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Speaker 2: the world, and I chose to stay here because I

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Speaker 2: thought that there's more change that can be done here

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Speaker 2: and within my capabilities. However, we learn a lot from others,

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Speaker 2: like we learned the model from Faui, which was the

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Speaker 2: first company I worked for, was based on a model

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Speaker 2: in Brazil called Bradescup, which is very similar to it.

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Speaker 2: Kadem was based on uber Or inspired by Uber. Highland

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Speaker 2: was inspired by Gojack from Indonesia. Cliver is inspired by

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Speaker 2: New Bank. So traveling and seeing other countries and learning

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Speaker 2: from from them the ones that are similar in the DNA,

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Speaker 2: like what works and Brazil should work in Egypt similar.

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Speaker 2: It's a big country with a big population, different socio

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Speaker 2: economic levels. So this is very important to travel and

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Speaker 2: to learn and to go back to your country and

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Speaker 2: execute this in the best possible mode with the best

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Speaker 2: resources and try to make a difference, and usually happens

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Speaker 2: when you do it.

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Speaker 4: Twelve and you can also partner with other people from

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Speaker 4: other countries. That's another opportunity. We was in n Jerry.

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Speaker 4: We spoke to David O, who is a huge afrobeach artist.

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Speaker 4: His father's a billionaire, and he was telling us. He

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Speaker 4: was like, you guys can come out here and just

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Speaker 4: make a killing.

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Speaker 5: Yeah, that's one of the things that when he looked

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Speaker 5: at the merch, he said, man, I love the guy.

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Speaker 5: I love your merch. I love the ass of a liabilities.

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Speaker 5: I love what you guys were. Why don't you collaborate

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Speaker 5: with it either. I'm like, yeah, it's not that easy though,

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Speaker 5: but you did say something poor about collaboration. And so

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Speaker 5: I want to talk about Halana just really quickly because

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Speaker 5: it is a one stop shop for everything, and one

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Speaker 5: of the key factors is the e commerce section where

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Speaker 5: you have the buy now, pay later and for everybody here,

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Speaker 5: I know we've been talking about pay later when we

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Speaker 5: talk about companies like a firm who did a day will,

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Speaker 5: Target and Amazon and we saw have to pay acquired

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Speaker 5: by Square. Is that the long term vision for you guys.

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Speaker 5: You're looking like, all right, we see that this is

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Speaker 5: going to be successful. Let's package it hopefully get acquired

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Speaker 5: at some point.

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Speaker 2: Let me be honest. The way Hallan we thought about

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Speaker 2: it is go to a certain target segment and Upper

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Speaker 2: Egypt Or and Delta in places that don't know the

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Speaker 2: Amazons and the Jumias of the world, and we gave

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Speaker 2: them a very simple product that does technically everything, like

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Speaker 2: you can use you can it's mobility, You can use

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Speaker 2: it for mobility, you can use it for making more money,

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Speaker 2: for e commerce, for delivery, for lending, for everything. So

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Speaker 2: what we thought about is go to a certain target

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Speaker 2: segment and just give it a super app that does

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Speaker 2: technically everything, and we keep on trying, trying time. Speaking

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Speaker 2: of buy now, pay later, I think that Egyptians here

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Speaker 2: are a bit different from Americans in this area, yeah,

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Speaker 2: because we're not really we don't have enough financial education

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Speaker 2: to borrow money more than our capabilities. So what I

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Speaker 2: think is better.

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Speaker 3: That's actually very smart.

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Speaker 2: That's a good thing because I personally, I think that

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Speaker 2: people should know why they're borrowing and how they're borrowing.

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Speaker 2: Like I cannot be making one hundred dollars a month

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Speaker 2: and I'm wearing a five hundred dollars shoe and I'm

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Speaker 2: paying it over six months. It doesn't make sense to me.

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Speaker 2: So what I think is more important is to educate

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Speaker 2: people and tell them what they can afford and borrow

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Speaker 2: for essentials like borrow for education, borrow for to for health.

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Speaker 2: But by now, pay later. I think that it's pushing

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Speaker 2: people to spend more than what they actually make. And

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Speaker 2: this is extremely dangerous in my humble opinion. So I

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Speaker 2: think what's more important to save now? By later?

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Speaker 3: So you mean like, actually buy something you can afford.

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Speaker 5: Yeah, so if you can't buy it twice, don't buy it.

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Speaker 4: Yes, that's a crazy way of thinking. Where'd you get there?

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Speaker 4: Where in the world?

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Speaker 3: Yeah?

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Speaker 4: Oh man, Yeah, we got a whole system to just

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Speaker 4: don't worry about pay back later.

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Speaker 5: I don't worry about it. Hit ten thousand, twenty, don't

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Speaker 5: worry about it.

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Speaker 3: So you guys don't do credit cards over here? Right?

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Speaker 2: We do credit cards, but credit cards are only for

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Speaker 2: the super rich people like they can afford. They have

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Speaker 2: a very good scoring that they know that they can

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Speaker 2: pay it, and they are able to pay the credit

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Speaker 2: card fifty sixty times from their wealth and from their money.

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Speaker 2: So as you said, as you say, assets overliabilities. So

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Speaker 2: this is much more healthy, and I think that it's

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Speaker 2: good for the economy, it's good for the people. Maybe

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Speaker 2: people won't look as posh as what they should look.

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Speaker 2: But it makes them better and it takes them able

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Speaker 2: to pay for their children better and pay for the

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Speaker 2: necessities more.

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Speaker 3: So more.

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Speaker 4: That's pretty much what your app is, a mobile banking app, right, Yeah,

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Speaker 4: and you're targeting rural areas that are underserved, like unbanked areas.

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Speaker 2: The new one, Cliver, we're targeting the high end, highland

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Speaker 2: the one I'm still a shareholder, but executive targeted the

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Speaker 2: lower and the lower socioeconomic level.

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Speaker 4: Okay, So I noticed that the lower end. That's a

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Speaker 4: common theme in Africa also because I was watching sixty Minutes.

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Speaker 3: There's one in Kenya that's really really big.

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Speaker 4: They use like this mobile banking app.

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Speaker 3: Yes, yes, then there's one in Ghana. We talked both.

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Speaker 4: Was was that one call that was that was the

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Speaker 4: one that David was into. But I said that to say,

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Speaker 4: it seems like this is a theme all throughout Africa

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Speaker 4: where people in rural areas that don't have access to

436
00:21:45,280 --> 00:21:49,440
Speaker 4: physical banks. This new cell phone technology that actually banking

437
00:21:49,440 --> 00:21:52,600
Speaker 4: apps is something that we've been seeing hearing a lot about.

438
00:21:53,000 --> 00:21:56,119
Speaker 2: Yeah, and technology allowed us to leave through the banking

439
00:21:56,400 --> 00:21:59,640
Speaker 2: like we went from in Africa, we went from cash

440
00:21:59,800 --> 00:22:03,399
Speaker 2: to mobile banking, and many countries like Kennya skipped the

441
00:22:03,440 --> 00:22:06,320
Speaker 2: banking itself and you have more wallets than I think

442
00:22:06,520 --> 00:22:10,920
Speaker 2: humans and Kenya. So this is because it's much more easier,

443
00:22:10,960 --> 00:22:15,600
Speaker 2: it's much more it's faster, and honestly, banks are I

444
00:22:15,600 --> 00:22:17,760
Speaker 2: don't think banks are here to stay like. I think

445
00:22:17,840 --> 00:22:20,960
Speaker 2: banks have to disrupt, to be disrupted, or they have

446
00:22:21,080 --> 00:22:24,879
Speaker 2: to change because the new generation doesn't want to go

447
00:22:24,920 --> 00:22:27,160
Speaker 2: to a bank and stand in a branch and take

448
00:22:27,200 --> 00:22:30,520
Speaker 2: a number, and doesn't make sense that this user is

449
00:22:30,560 --> 00:22:34,040
Speaker 2: paying for the marble branch rent and for the for

450
00:22:34,119 --> 00:22:36,520
Speaker 2: the salaries of all of those people. Like the mobile

451
00:22:36,600 --> 00:22:39,280
Speaker 2: allows you to do everything at a much much lower cost.

452
00:22:39,840 --> 00:22:43,199
Speaker 2: So I think that mobile banking is coming over to

453
00:22:43,240 --> 00:22:47,120
Speaker 2: eat up the whole banking industry and digital banking will

454
00:22:47,119 --> 00:22:48,160
Speaker 2: happen one way or the other.

455
00:22:48,280 --> 00:22:51,560
Speaker 4: Yeah, fintech stocks anybody that watches Market Monday, this is

456
00:22:51,600 --> 00:22:54,640
Speaker 4: why we talk about fintech so much. So the reason

457
00:22:54,640 --> 00:22:56,480
Speaker 4: why I ask that question is that a lot of

458
00:22:56,480 --> 00:22:58,160
Speaker 4: times we don't know what's going on in the world.

459
00:22:58,240 --> 00:23:00,520
Speaker 4: As Americans. We just focus on America. But you got

460
00:23:00,560 --> 00:23:02,720
Speaker 4: to have a global perspective, especially if you're invested in

461
00:23:02,720 --> 00:23:06,040
Speaker 4: stocks and companies. This is why we see once again

462
00:23:06,160 --> 00:23:08,919
Speaker 4: and when we were in Nigeria to get the biggest

463
00:23:08,920 --> 00:23:09,879
Speaker 4: building that was there.

464
00:23:09,720 --> 00:23:11,399
Speaker 3: Who owned Microsoft. Microsoft.

465
00:23:11,760 --> 00:23:14,880
Speaker 4: So you know, countries all over the world are being

466
00:23:14,920 --> 00:23:18,560
Speaker 4: affected and you can't wait. As an investor, you can't wait.

467
00:23:18,600 --> 00:23:20,280
Speaker 4: You got to stay on top of the trend. So

468
00:23:20,440 --> 00:23:23,320
Speaker 4: I say that to say, fintech, mobile banking, this is

469
00:23:23,359 --> 00:23:25,159
Speaker 4: something that you know you need to get ahead of.

470
00:23:25,160 --> 00:23:27,120
Speaker 4: And if you're an investor, you definitely need to understand

471
00:23:27,119 --> 00:23:30,000
Speaker 4: the companies that are putting a lot of money into it.

472
00:23:30,000 --> 00:23:33,159
Speaker 4: And if you're a business person, you should, you know,

473
00:23:33,200 --> 00:23:35,480
Speaker 4: look into starting a partner in with these type of companies.

474
00:23:35,520 --> 00:23:38,320
Speaker 5: Yeah, and Muhammads given us the blueprint, right like, look,

475
00:23:38,359 --> 00:23:40,760
Speaker 5: you don't have to reinvent the will. Go to a country,

476
00:23:40,880 --> 00:23:44,959
Speaker 5: travel see what's not there coming from especially in America.

477
00:23:45,000 --> 00:23:47,000
Speaker 2: We know what works there. We can implement it here.

478
00:23:47,200 --> 00:23:48,639
Speaker 5: But I want to talk about, because you're on the

479
00:23:48,640 --> 00:23:50,840
Speaker 5: board of a number of tech companies, what do you

480
00:23:50,880 --> 00:23:52,640
Speaker 5: look for in a company to say, you know what

481
00:23:52,760 --> 00:23:53,680
Speaker 5: I want to invest.

482
00:23:53,840 --> 00:23:55,280
Speaker 2: I want to be a part of the success of

483
00:23:55,320 --> 00:23:59,480
Speaker 2: this going forward. My latest investment was a company called breakfast,

484
00:23:59,680 --> 00:24:03,080
Speaker 2: which like breakfast but with bread instead. And they just

485
00:24:03,560 --> 00:24:07,480
Speaker 2: raised the twenty six million dollars yesterday. Actually congratulations, yeah,

486
00:24:07,560 --> 00:24:12,280
Speaker 2: thank you. I have a very twenty six million. This

487
00:24:12,440 --> 00:24:15,800
Speaker 2: company's a craft all. What they do is they have

488
00:24:15,840 --> 00:24:19,440
Speaker 2: a couple of dark kitchens that started off by producing

489
00:24:19,480 --> 00:24:23,239
Speaker 2: bread and automating seventy m every day you have your

490
00:24:23,280 --> 00:24:26,040
Speaker 2: bread at your door. Certain like that, but did it

491
00:24:26,080 --> 00:24:29,240
Speaker 2: well and then they're skating into technically everything now. So

492
00:24:29,320 --> 00:24:32,600
Speaker 2: I invested in this company because the users liked it.

493
00:24:32,840 --> 00:24:34,720
Speaker 2: And this is the most important thing. If the users

494
00:24:34,760 --> 00:24:37,480
Speaker 2: are happy, then you can ask them for more money.

495
00:24:37,520 --> 00:24:40,639
Speaker 2: Then you can give them more services. So whenever I

496
00:24:40,680 --> 00:24:42,639
Speaker 2: find the users, whether they are BE to B or

497
00:24:42,720 --> 00:24:46,159
Speaker 2: B two ce are happy, I don't hesitate at all.

498
00:24:46,200 --> 00:24:47,840
Speaker 2: This is this is the real thing. We said B

499
00:24:47,880 --> 00:24:50,159
Speaker 2: to B Yeah, B to be because some companies are

500
00:24:50,160 --> 00:24:52,600
Speaker 2: business to business. If the businesses are happy, then you're good.

501
00:24:53,040 --> 00:24:55,160
Speaker 2: B to see. If the consumers are happy, then you're good.

502
00:24:55,520 --> 00:24:59,480
Speaker 2: So this is like Tesla. I'm a big fan of Tesla.

503
00:24:59,680 --> 00:25:03,720
Speaker 2: Like all the Tesla car owners, they usually like and

504
00:25:03,760 --> 00:25:05,240
Speaker 2: they're very proud. They have to tell you that they

505
00:25:05,280 --> 00:25:08,480
Speaker 2: own a Tesla and and if they if they put

506
00:25:08,520 --> 00:25:10,639
Speaker 2: their this money in a Tesla stock, they would have

507
00:25:10,680 --> 00:25:12,760
Speaker 2: made much more. But they want to own the car,

508
00:25:13,400 --> 00:25:15,720
Speaker 2: so they like it. And this is why the company

509
00:25:15,760 --> 00:25:18,159
Speaker 2: would just qulid keep on getting bigger and bigger and

510
00:25:18,160 --> 00:25:20,680
Speaker 2: bigger because users are happy and happy means a lot

511
00:25:20,680 --> 00:25:21,560
Speaker 2: of money.

512
00:25:21,920 --> 00:25:26,280
Speaker 4: Let me ask you about crypto. How is crypto in Egypt?

513
00:25:26,400 --> 00:25:30,080
Speaker 4: Is it? Is it being used? Is it accepted, is

514
00:25:30,119 --> 00:25:34,560
Speaker 4: it adoption? What's the what's the vibe of crypto out here?

515
00:25:34,920 --> 00:25:40,480
Speaker 2: Crypto in Egypt is banned, It's illegal, And you're I

516
00:25:40,760 --> 00:25:44,080
Speaker 2: I personally invested in crypto back in two thousand and eleven.

517
00:25:44,240 --> 00:25:47,480
Speaker 2: I bought a thousand and something bit coins by mistake

518
00:25:47,520 --> 00:25:48,520
Speaker 2: and they sold them by mistake.

519
00:25:51,600 --> 00:25:54,200
Speaker 3: But how do you sell a thousand bitcoin by mistake?

520
00:25:54,320 --> 00:25:56,280
Speaker 2: I'm a gamer. I play games, and we used to

521
00:25:56,400 --> 00:26:00,960
Speaker 2: use it for buying things inside the game. So today

522
00:26:01,359 --> 00:26:03,439
Speaker 2: I don't put money in crypto at all because I

523
00:26:03,480 --> 00:26:07,399
Speaker 2: think that it kills how I see business because it

524
00:26:07,440 --> 00:26:10,520
Speaker 2: goes up very fast, down very fast, and it doesn't

525
00:26:10,560 --> 00:26:13,560
Speaker 2: make sense to me that it goes that big. And

526
00:26:14,359 --> 00:26:17,440
Speaker 2: I'm a fan of gold, so I'm the opposite of crypto.

527
00:26:17,440 --> 00:26:20,679
Speaker 2: I think that everything has to be supported by something

528
00:26:20,720 --> 00:26:23,280
Speaker 2: physical or something that supports it. However, it's a big market,

529
00:26:23,359 --> 00:26:27,320
Speaker 2: and I believe in blockchain and DeFi, which is decentralizing everything,

530
00:26:27,720 --> 00:26:31,439
Speaker 2: but crypto itself, I'm afraid to reinvest in it. It's

531
00:26:31,560 --> 00:26:37,240
Speaker 2: very risky to me. Seven thousand a hard draft. Yeah,

532
00:26:37,520 --> 00:26:40,080
Speaker 2: I don't think this way, like speaking of going and

533
00:26:40,280 --> 00:26:44,119
Speaker 2: doing multiple Faoui, which is a company I had shares in.

534
00:26:44,640 --> 00:26:49,400
Speaker 2: I sold the shares four years ago, five years ago.

535
00:26:49,680 --> 00:26:53,440
Speaker 2: Today there are one sixty x what I sold in

536
00:26:53,480 --> 00:26:57,440
Speaker 2: the market. But if I think this way, I won't

537
00:26:57,480 --> 00:27:00,359
Speaker 2: be able to survive because whenever you look back and

538
00:27:00,400 --> 00:27:02,480
Speaker 2: you say, wow, if I did this, I would have

539
00:27:02,520 --> 00:27:05,040
Speaker 2: made a lot of money. You spend your life like

540
00:27:06,160 --> 00:27:08,119
Speaker 2: killing yourself and saying why I did this. So I

541
00:27:08,280 --> 00:27:09,840
Speaker 2: just looked to the front and we.

542
00:27:10,440 --> 00:27:11,600
Speaker 3: All we all make mistakes.

543
00:27:11,680 --> 00:27:13,360
Speaker 2: Yeah, it's okay to make mistakes.

544
00:27:14,560 --> 00:27:15,880
Speaker 3: Yeah, we all make mistakes.

545
00:27:16,240 --> 00:27:19,960
Speaker 2: We learn right, make mistakes. I think you made. There's

546
00:27:20,200 --> 00:27:21,679
Speaker 2: a mistake that's drinking about.

547
00:27:21,640 --> 00:27:25,119
Speaker 4: What I was thinking about yesterday.

548
00:27:25,680 --> 00:27:27,520
Speaker 3: The options.

549
00:27:27,560 --> 00:27:31,400
Speaker 5: Okay, why I'll let you tell the story.

550
00:27:32,520 --> 00:27:35,200
Speaker 3: We all make mistakes. I won't make.

551
00:27:35,119 --> 00:27:38,120
Speaker 2: Mistakes, Okay, Okay.

552
00:27:38,600 --> 00:27:39,560
Speaker 3: Let me ask you about God.

553
00:27:39,840 --> 00:27:41,399
Speaker 4: It's funny you say that because we just came from

554
00:27:41,440 --> 00:27:44,600
Speaker 4: the museum today and it was you know, obviously King

555
00:27:44,720 --> 00:27:46,560
Speaker 4: Tud and it was telling us about Goal and how

556
00:27:46,720 --> 00:27:49,760
Speaker 4: everything is. Theyrealking about how especially back then, gold was

557
00:27:49,760 --> 00:27:53,120
Speaker 4: so abundant and it's just dust of gold just flying

558
00:27:53,160 --> 00:27:55,200
Speaker 4: all over the place. So we're in the home of gold.

559
00:27:55,440 --> 00:27:59,159
Speaker 4: So you said, you you believe in gold. Why do

560
00:27:59,200 --> 00:28:01,080
Speaker 4: you believe in God? Are you invest in Goal? You

561
00:28:01,119 --> 00:28:03,840
Speaker 4: invest in Goal? Yeah, physical gold or a lot of

562
00:28:03,880 --> 00:28:06,920
Speaker 4: people in this region invest in gold bars like physical Goal.

563
00:28:07,400 --> 00:28:07,600
Speaker 3: Yeah.

564
00:28:07,720 --> 00:28:11,920
Speaker 2: Like I invest in gold, Yes, I invest in gold,

565
00:28:12,080 --> 00:28:13,600
Speaker 2: but I put it in a certain place. There are

566
00:28:13,600 --> 00:28:15,800
Speaker 2: certain companies that keep it for you here in Egypt.

567
00:28:16,800 --> 00:28:19,320
Speaker 2: And I believe that gold is very important because if

568
00:28:19,359 --> 00:28:22,119
Speaker 2: you lick, if you look at longer term investment like

569
00:28:22,160 --> 00:28:24,560
Speaker 2: ten twenty years, and you look at the graph of gold,

570
00:28:24,760 --> 00:28:27,520
Speaker 2: it's always going up and whenever there is a problem

571
00:28:27,520 --> 00:28:30,719
Speaker 2: in the world like COVID or whatever, you find it

572
00:28:30,880 --> 00:28:34,920
Speaker 2: even going up and up because it's store value, yeah,

573
00:28:35,000 --> 00:28:38,320
Speaker 2: store value, and it's very stable. And there is a

574
00:28:38,360 --> 00:28:40,840
Speaker 2: limited number of amount of gold in the world. So

575
00:28:41,000 --> 00:28:43,600
Speaker 2: and also countries like a country like Lebanon. I think

576
00:28:43,640 --> 00:28:46,239
Speaker 2: what's keeping it up till today is because it has

577
00:28:46,280 --> 00:28:49,640
Speaker 2: a lot of gold reserves, so it's type of stability,

578
00:28:50,160 --> 00:28:54,160
Speaker 2: and it's it's also important for long term wealth because

579
00:28:54,200 --> 00:28:57,760
Speaker 2: stocks go up and down very fast. There is a

580
00:28:57,800 --> 00:29:01,520
Speaker 2: certain point in time. Last year I gained this earners

581
00:29:01,520 --> 00:29:01,880
Speaker 2: What's up.

582
00:29:01,960 --> 00:29:04,440
Speaker 5: You ever walk into a small business and everything just

583
00:29:04,600 --> 00:29:07,800
Speaker 5: works like the checkout is fast, the receipts are digital,

584
00:29:08,320 --> 00:29:11,280
Speaker 5: tipping is a breeze, and you're out the door before

585
00:29:11,280 --> 00:29:15,440
Speaker 5: the line even builds odds are they're using Square. We

586
00:29:15,600 --> 00:29:18,160
Speaker 5: love supporting businesses that run on Square because it just

587
00:29:18,200 --> 00:29:21,440
Speaker 5: feels seamless. Whether it's a local coffee shop, a vendor

588
00:29:21,480 --> 00:29:23,720
Speaker 5: at a pop up market, or even one of our

589
00:29:23,800 --> 00:29:27,440
Speaker 5: merch partners, Square makes it easy for them to take payments,

590
00:29:27,640 --> 00:29:31,400
Speaker 5: manage inventory, and run their business with confidence, all from

591
00:29:31,480 --> 00:29:34,880
Speaker 5: one simple system. If you're a business owner or even

592
00:29:34,960 --> 00:29:38,480
Speaker 5: just thinking about launching something soon, Square is hands down

593
00:29:38,520 --> 00:29:40,880
Speaker 5: one of the best tools out there to help you start,

594
00:29:41,240 --> 00:29:44,800
Speaker 5: run and grow. It's not just about payments, it's about

595
00:29:44,840 --> 00:29:47,240
Speaker 5: giving you time back so you can focus on what

596
00:29:47,440 --> 00:29:51,080
Speaker 5: matters most Ready. To see how Square can transform your business,

597
00:29:51,360 --> 00:29:56,000
Speaker 5: visit Square dot com. Backslash, go backslash eyl to learn

598
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Speaker 5: more that Square dot com backslash, go backslash eyl. Don't wait,

599
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Speaker 5: don't hesitate. Let's Square handle the back end so you

600
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601
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Speaker 2: Doudo and lost as zero in the same year in

630
00:31:52,000 --> 00:31:55,320
Speaker 2: my wealth, which was a wealth, yeah, because of a

631
00:31:55,360 --> 00:31:58,200
Speaker 2: certain company. So this this doesn't make sense.

632
00:31:58,760 --> 00:31:59,760
Speaker 3: Gain to zero losses.

633
00:32:00,120 --> 00:32:02,960
Speaker 5: That's a quote a bar. We go at a bar

634
00:32:03,600 --> 00:32:05,240
Speaker 5: as a bar, we take an hour.

635
00:32:06,480 --> 00:32:09,200
Speaker 2: So gold doesn't do this like it goes up fifty

636
00:32:09,240 --> 00:32:12,320
Speaker 2: dollars per ounce one hundred dollars per ounce at maximum.

637
00:32:12,360 --> 00:32:16,200
Speaker 2: But it's very systematic and it's very stable, and I

638
00:32:16,640 --> 00:32:19,000
Speaker 2: think it's good to have a certain part of your

639
00:32:19,000 --> 00:32:20,400
Speaker 2: wealth has to be in something like this.

640
00:32:20,440 --> 00:32:23,840
Speaker 5: Are there any other commodities that you're invested in outside.

641
00:32:23,520 --> 00:32:27,320
Speaker 2: Of gold gold, and I think that there are certain

642
00:32:27,400 --> 00:32:31,000
Speaker 2: brands that just go up, like Krolis watches, Pat Philip

643
00:32:31,080 --> 00:32:36,640
Speaker 2: watches aps because the demand and the supply, it's very

644
00:32:36,640 --> 00:32:39,360
Speaker 2: obvious you cannot get one now, So I think they

645
00:32:39,360 --> 00:32:43,440
Speaker 2: will just go up. Because luxury, luxury products are going up.

646
00:32:43,520 --> 00:32:48,080
Speaker 2: You can see this from the LVMH stock, so those

647
00:32:48,120 --> 00:32:50,760
Speaker 2: are also very important. I'm speaking about light assets. I'm

648
00:32:50,760 --> 00:32:51,920
Speaker 2: not a fan of real estate, so.

649
00:32:52,440 --> 00:32:55,360
Speaker 5: Yeah, I only ask because we had a small conversation.

650
00:32:55,880 --> 00:32:58,200
Speaker 5: And for those who don't know, I'll tell you Muhammad

651
00:32:58,240 --> 00:33:00,880
Speaker 5: is a huge Rodax collector of them. But you said

652
00:33:00,880 --> 00:33:03,200
Speaker 5: you didn't wear yellow gold ones no, and so I'm

653
00:33:03,200 --> 00:33:04,680
Speaker 5: thinking you collect goal but you don't.

654
00:33:04,520 --> 00:33:05,080
Speaker 2: Wear the yellow.

655
00:33:05,720 --> 00:33:08,280
Speaker 5: Yeah, so there must be another canality, maybe platinum, maybe silver.

656
00:33:09,400 --> 00:33:11,240
Speaker 2: Where did the collection come from?

657
00:33:11,520 --> 00:33:13,320
Speaker 5: Is that something as a child you said I need

658
00:33:13,360 --> 00:33:15,320
Speaker 5: to have that because we have a friend I won't

659
00:33:15,360 --> 00:33:19,040
Speaker 5: say his name, Mike that also collects nothing compared to

660
00:33:19,120 --> 00:33:19,640
Speaker 5: your number.

661
00:33:19,680 --> 00:33:24,440
Speaker 2: But when I was in school, my mother used to

662
00:33:25,880 --> 00:33:28,120
Speaker 2: used to treat when I do something good, She used

663
00:33:28,160 --> 00:33:31,640
Speaker 2: to buy me I watch not of course, so whenever

664
00:33:31,680 --> 00:33:36,000
Speaker 2: I do something, you owe me some Yeah. Yeah. Whenever

665
00:33:36,040 --> 00:33:38,840
Speaker 2: I do something good, I buy myself. I watch so

666
00:33:39,320 --> 00:33:42,360
Speaker 2: and you have to clap for yourself because sometimes no

667
00:33:42,360 --> 00:33:43,040
Speaker 2: one is clapping.

668
00:33:44,120 --> 00:33:46,520
Speaker 3: Why why don't another boss? That's the fact. Why don't

669
00:33:46,520 --> 00:33:50,480
Speaker 3: you wear go rolets?

670
00:33:50,640 --> 00:33:53,640
Speaker 2: Our in Islam and our religion? Some people say it's

671
00:33:54,440 --> 00:33:56,959
Speaker 2: I'm not very religious, to be honest, but I just

672
00:33:57,120 --> 00:33:59,960
Speaker 2: think I like how white gold and platinum and Stanley.

673
00:34:00,240 --> 00:34:01,600
Speaker 3: Look, it's his personal preference.

674
00:34:01,600 --> 00:34:02,479
Speaker 2: It's a personal preference.

675
00:34:02,560 --> 00:34:04,480
Speaker 3: Yeah, you know, go, you know.

676
00:34:05,200 --> 00:34:08,000
Speaker 4: They were just talking about the Richard Millie how I

677
00:34:08,040 --> 00:34:11,000
Speaker 4: think Meek mill brought one for two hundred and fifty thousand,

678
00:34:11,320 --> 00:34:12,880
Speaker 4: and then a couple months later he brought it he

679
00:34:12,920 --> 00:34:16,160
Speaker 4: sold it for five hundred thousand. That watch is running

680
00:34:16,239 --> 00:34:19,400
Speaker 4: up like Tesla stock right now. There's a very limited

681
00:34:19,440 --> 00:34:23,360
Speaker 4: amount of pieces in the world, and there's an.

682
00:34:22,920 --> 00:34:24,440
Speaker 3: Unlimited amount of people that want to buy.

683
00:34:24,600 --> 00:34:27,480
Speaker 4: And the rolex thing is interesting because well, when we

684
00:34:27,480 --> 00:34:30,120
Speaker 4: was buying rolexes last year, there was a shortage of

685
00:34:30,160 --> 00:34:33,239
Speaker 4: rolexes in America. You couldn't get it, and like you

686
00:34:33,280 --> 00:34:35,719
Speaker 4: would have to wait thirteen months for a rolex. It

687
00:34:35,719 --> 00:34:38,480
Speaker 4: was extremely, extremely difficult to get rolexes even now there's

688
00:34:38,520 --> 00:34:41,560
Speaker 4: not a lot of inventory. So speaking about investments, I

689
00:34:41,680 --> 00:34:45,160
Speaker 4: just you saying that is very it's very key. Rolex

690
00:34:45,239 --> 00:34:48,000
Speaker 4: is definitely a great investment. I know, Mike shot the

691
00:34:48,000 --> 00:34:49,200
Speaker 4: mic just got the sky dweller.

692
00:34:50,640 --> 00:34:53,840
Speaker 2: We're in clap for that. The only wayed eighteen months yo.

693
00:34:54,040 --> 00:34:55,640
Speaker 4: Yeah, yeah, yeah, So sometimes you got to think of

694
00:34:55,640 --> 00:34:57,279
Speaker 4: the box. Everything could be an investment if you if

695
00:34:57,320 --> 00:35:00,880
Speaker 4: you do it correctly. But stocks, how is the you

696
00:35:00,920 --> 00:35:02,040
Speaker 4: have Egyptian stock market?

697
00:35:02,160 --> 00:35:03,480
Speaker 2: Right? Yeah?

698
00:35:03,840 --> 00:35:06,520
Speaker 4: Do Egyptians invest in now? When they just invest in

699
00:35:06,560 --> 00:35:07,800
Speaker 4: the American stock market.

700
00:35:07,719 --> 00:35:10,439
Speaker 2: They invest in the Egyptian stock market. Actually, Faulty is

701
00:35:10,440 --> 00:35:13,279
Speaker 2: in the two out of the biggest ten companies in

702
00:35:13,320 --> 00:35:19,080
Speaker 2: the public markets are FinTechs now and Egyptians are investing heavily.

703
00:35:19,200 --> 00:35:23,440
Speaker 2: I think the Faudi stock made around seven x since

704
00:35:23,480 --> 00:35:26,840
Speaker 2: the IPO one two years ago to the eighth of

705
00:35:26,840 --> 00:35:30,880
Speaker 2: August twenty eighteen. But the problem with investing in the

706
00:35:30,880 --> 00:35:36,239
Speaker 2: Egyptian stock till now is that you cannot leverage the

707
00:35:36,280 --> 00:35:41,239
Speaker 2: forests the dollar. So a lot of Egyptians are trying

708
00:35:41,280 --> 00:35:45,160
Speaker 2: to invest abroad in the sm P five hundred and

709
00:35:45,200 --> 00:35:49,080
Speaker 2: in other Nasdaq and other countries. But it's a bit

710
00:35:49,120 --> 00:35:52,800
Speaker 2: hard because also because of the forduct, Like one dollars

711
00:35:52,840 --> 00:35:56,560
Speaker 2: today is fifteen point seven Egyptian found So this is

712
00:35:56,680 --> 00:36:02,280
Speaker 2: a risk and it's a barrier to entry for external stocks.

713
00:36:02,440 --> 00:36:05,120
Speaker 2: And Egyptians like to invest in things they can see.

714
00:36:05,560 --> 00:36:08,480
Speaker 2: Like Egyptians love to invest in real estate. You can

715
00:36:08,520 --> 00:36:11,640
Speaker 2: find an average Yptian owning three or four houses. Some

716
00:36:11,760 --> 00:36:15,399
Speaker 2: are owning one hundred houses, and they think that real

717
00:36:15,520 --> 00:36:18,200
Speaker 2: estate is very good. So there are more towards owning

718
00:36:18,280 --> 00:36:22,000
Speaker 2: something that you can see. So whenever it's virtual, it's hard.

719
00:36:22,040 --> 00:36:25,240
Speaker 2: Like I was explaining NFTs to in a certain conference

720
00:36:26,200 --> 00:36:29,320
Speaker 2: a month ago and people thought that I'm crazy buying

721
00:36:29,360 --> 00:36:32,160
Speaker 2: digital something digital. They don't get this, and this is

722
00:36:32,160 --> 00:36:34,360
Speaker 2: the problem also with stocks. They want to buy physical

723
00:36:34,400 --> 00:36:37,839
Speaker 2: stuff like gold watchers, real estate, this is where they

724
00:36:37,840 --> 00:36:38,480
Speaker 2: put the money in.

725
00:36:38,840 --> 00:36:43,360
Speaker 5: That's interesting, right, because you're taking future and they're taking president.

726
00:36:43,400 --> 00:36:45,839
Speaker 2: I have to see I needed to be tangible. I'm

727
00:36:45,840 --> 00:36:46,640
Speaker 2: thinking about your.

728
00:36:46,560 --> 00:36:50,960
Speaker 5: Career business, it's expanded over fifteen years. What are some

729
00:36:51,000 --> 00:36:54,280
Speaker 5: of the biggest setbacks that you face staying here in Egypt?

730
00:36:54,360 --> 00:36:54,480
Speaker 2: Right?

731
00:36:54,520 --> 00:36:56,640
Speaker 5: What are some of the difficulties that you face being

732
00:36:56,640 --> 00:36:57,680
Speaker 5: a businessman here.

733
00:36:58,200 --> 00:37:00,399
Speaker 2: Like, let me be honest, half of my family in

734
00:37:00,840 --> 00:37:04,280
Speaker 2: San Francisco, Like my wife's family lives in San Francisco,

735
00:37:04,400 --> 00:37:06,160
Speaker 2: and do we go a lot. I go to Mountain

736
00:37:06,239 --> 00:37:08,200
Speaker 2: View and to Palo Alto, and whenever I go I

737
00:37:08,239 --> 00:37:11,160
Speaker 2: feel like, man, what's happening? Like my son was ordering

738
00:37:11,400 --> 00:37:15,040
Speaker 2: something from supermarket. A small starship robot came and we

739
00:37:15,080 --> 00:37:17,799
Speaker 2: opened and took the things I couldn't get this like,

740
00:37:17,960 --> 00:37:20,040
Speaker 2: and then when we came back here, my son is like,

741
00:37:20,080 --> 00:37:23,520
Speaker 2: where's the robot. I told him it's not here. So

742
00:37:24,480 --> 00:37:27,120
Speaker 2: this cannot be done here. If you put a robot

743
00:37:27,120 --> 00:37:29,279
Speaker 2: on the street, the children will run after it and

744
00:37:29,360 --> 00:37:34,399
Speaker 2: kick it and it won't be illogical. So whenever you're

745
00:37:34,440 --> 00:37:36,360
Speaker 2: in the States or in Silicon Value, you can do

746
00:37:36,400 --> 00:37:39,759
Speaker 2: things that you can never do here. But here the

747
00:37:39,800 --> 00:37:42,920
Speaker 2: beauty is that you see the change. Like I was

748
00:37:42,960 --> 00:37:45,879
Speaker 2: doing a report last month because I had a little

749
00:37:45,920 --> 00:37:48,640
Speaker 2: bit of a depression and I was looking at things

750
00:37:48,680 --> 00:37:51,400
Speaker 2: I did in the last fifteen years. We found that

751
00:37:51,440 --> 00:37:54,839
Speaker 2: we created around two and a half million jobs, which

752
00:37:54,880 --> 00:37:57,600
Speaker 2: is a very big number with the companies with it,

753
00:37:58,360 --> 00:38:00,200
Speaker 2: and this is one of the very few things that

754
00:38:00,280 --> 00:38:02,880
Speaker 2: keeps us going because the regulations here are hard. The

755
00:38:02,920 --> 00:38:05,120
Speaker 2: talent is very hard. Most of our tech today is

756
00:38:05,160 --> 00:38:08,239
Speaker 2: based in Lithuania and India and Pakistan. It's very hard

757
00:38:08,280 --> 00:38:11,080
Speaker 2: to find talent, it's very hard to find funding and money.

758
00:38:11,680 --> 00:38:15,200
Speaker 2: It's very hard to find the right area to work in.

759
00:38:15,440 --> 00:38:18,759
Speaker 2: So you have to keep on clapping for yourself and

760
00:38:18,800 --> 00:38:22,319
Speaker 2: seeing the impact you created to keep on going. And

761
00:38:22,360 --> 00:38:27,000
Speaker 2: this is extremely hard. So as long as we find this,

762
00:38:27,080 --> 00:38:28,960
Speaker 2: we will keep on going. But maybe ten years from

763
00:38:28,960 --> 00:38:31,400
Speaker 2: today you'll find me in Silicon Valley and ordering the

764
00:38:31,480 --> 00:38:35,760
Speaker 2: robots and the drones are illegal here in Egypt, for example,

765
00:38:36,200 --> 00:38:39,200
Speaker 2: you can go you can't fly a drone here. So

766
00:38:39,239 --> 00:38:41,600
Speaker 2: there's a lot of things that are you just cannot

767
00:38:41,600 --> 00:38:43,200
Speaker 2: do and you have to face it.

768
00:38:43,719 --> 00:38:44,520
Speaker 3: Yeah, talk about that.

769
00:38:44,600 --> 00:38:45,759
Speaker 4: You spend a lot of time as to the Corn

770
00:38:45,880 --> 00:38:49,919
Speaker 4: Valley and comparing the differences as far as like being

771
00:38:49,960 --> 00:38:52,840
Speaker 4: able to be an entrepreneur, like it's more free range

772
00:38:53,000 --> 00:38:54,799
Speaker 4: in America. Like can you just kind of give some

773
00:38:54,840 --> 00:38:58,320
Speaker 4: perspective to starting a business in Egypt starting a business

774
00:38:58,320 --> 00:38:58,800
Speaker 4: in America.

775
00:38:59,560 --> 00:39:01,960
Speaker 2: The problem here we're starting the business is that it's

776
00:39:02,000 --> 00:39:08,480
Speaker 2: not the norm. Like usually the Egyptian typical mother will

777
00:39:08,480 --> 00:39:10,800
Speaker 2: tell her son go work in a bank, or become

778
00:39:10,800 --> 00:39:15,800
Speaker 2: a doctor, or work in an engineering engineering company. Starting

779
00:39:15,840 --> 00:39:20,240
Speaker 2: a business is very risky and there is a certain

780
00:39:20,320 --> 00:39:22,760
Speaker 2: legal liability on you here when you start a business.

781
00:39:22,800 --> 00:39:26,600
Speaker 2: It's not just the financial liability because of the taxes

782
00:39:26,640 --> 00:39:29,759
Speaker 2: and how the laws are put together is very complicated.

783
00:39:30,160 --> 00:39:33,600
Speaker 2: So it's not easy to start a business here. But however,

784
00:39:34,000 --> 00:39:37,360
Speaker 2: it's becoming easier and easier as we grow and whenever

785
00:39:37,400 --> 00:39:39,359
Speaker 2: there are more success stories. Like ten years ago, there

786
00:39:39,400 --> 00:39:43,160
Speaker 2: were no startups in each zero, no startups, just government

787
00:39:43,160 --> 00:39:46,279
Speaker 2: companies and big businessman family officers doing Today we have

788
00:39:46,360 --> 00:39:49,560
Speaker 2: around twenty seven thousand startups, which is a very big

789
00:39:49,640 --> 00:39:53,839
Speaker 2: number and out of in the last in September two

790
00:39:53,920 --> 00:39:58,040
Speaker 2: months ago, Egypt was the highest influx of investments in

791
00:39:58,120 --> 00:39:59,960
Speaker 2: startups and the region on hundred and sixty two million

792
00:40:00,080 --> 00:40:03,879
Speaker 2: dollars versus less than a million dollars a month ten

793
00:40:03,960 --> 00:40:07,280
Speaker 2: years before. So it's moving very fast, legislation moving very fast,

794
00:40:07,800 --> 00:40:11,359
Speaker 2: but it's very hard and it's very risky. It's still risky.

795
00:40:12,360 --> 00:40:15,520
Speaker 5: Yeah, I mean, I'm thinking to myself, obviously you said

796
00:40:15,520 --> 00:40:18,920
Speaker 5: startain business wasn't a thing, So you become a superstar

797
00:40:18,960 --> 00:40:21,080
Speaker 5: in this space right because you are doing the startups.

798
00:40:21,600 --> 00:40:24,120
Speaker 2: How big is mentorship here? Right? Are you taking people

799
00:40:24,200 --> 00:40:24,640
Speaker 2: under your wing?

800
00:40:24,680 --> 00:40:27,800
Speaker 5: Are you finding people reaching out to you to say, yes, Mohammed,

801
00:40:27,800 --> 00:40:29,879
Speaker 5: you've done it. Can you now teach me or teach

802
00:40:29,920 --> 00:40:31,400
Speaker 5: my son or teach my daughter my family?

803
00:40:31,840 --> 00:40:34,960
Speaker 2: Yeah. Like two days ago, I received a call from

804
00:40:35,040 --> 00:40:36,360
Speaker 2: someone I don't know. He told me, I want you

805
00:40:36,400 --> 00:40:37,840
Speaker 2: to mentor me. I told him, what do you do?

806
00:40:37,920 --> 00:40:40,080
Speaker 2: He told me I do this, this and this. I

807
00:40:40,120 --> 00:40:42,440
Speaker 2: told them, manure better than me. Why are you calling me?

808
00:40:42,920 --> 00:40:47,080
Speaker 2: So I think that mentorship is big in Egypt, but

809
00:40:47,560 --> 00:40:51,080
Speaker 2: you have to choose the right mentors. God shared me

810
00:40:51,160 --> 00:40:54,400
Speaker 2: with the best possible mentors ever in the last fifteen years,

811
00:40:55,160 --> 00:40:57,279
Speaker 2: and they taught me how to do work. But they

812
00:40:57,320 --> 00:40:59,359
Speaker 2: are also the other side of mentors. There are people

813
00:40:59,400 --> 00:41:02,040
Speaker 2: that you want to be like, and those are also

814
00:41:02,120 --> 00:41:06,000
Speaker 2: very important. Like I remember some people during my fifteen

815
00:41:06,040 --> 00:41:08,480
Speaker 2: year career. I don't want to be like them. So

816
00:41:08,760 --> 00:41:12,360
Speaker 2: whenever I do something and I find that can you

817
00:41:12,400 --> 00:41:14,640
Speaker 2: hear me? Whenever I do something and I find that bad,

818
00:41:14,719 --> 00:41:16,560
Speaker 2: I say no, I don't want to be like those guys.

819
00:41:16,719 --> 00:41:18,440
Speaker 2: So I think there are mentors and that are like

820
00:41:18,960 --> 00:41:21,240
Speaker 2: don't do this, and both are very important.

821
00:41:21,760 --> 00:41:24,560
Speaker 4: So Helen most funded at in twenty twenty. How much

822
00:41:24,560 --> 00:41:25,279
Speaker 4: money came in.

823
00:41:26,000 --> 00:41:27,600
Speaker 2: One hundred and thirty four million dollars.

824
00:41:27,640 --> 00:41:31,480
Speaker 3: So how did you go about raising I mean where

825
00:41:31,520 --> 00:41:31,879
Speaker 3: the money?

826
00:41:32,600 --> 00:41:35,840
Speaker 2: At the beginning, we had a very big time raising

827
00:41:35,880 --> 00:41:39,880
Speaker 2: money because we work in a feel that was illegal,

828
00:41:39,960 --> 00:41:42,840
Speaker 2: which is the three wheelers. Egypt has around two million

829
00:41:42,920 --> 00:41:45,880
Speaker 2: three wheelers they called oktok and they're all illegal. But

830
00:41:46,120 --> 00:41:50,279
Speaker 2: like bicycles, no, they rickshaw. They it's like a motorcycle

831
00:41:50,320 --> 00:41:53,120
Speaker 2: but bigger. If you go like two streets inside, you'll

832
00:41:53,160 --> 00:41:56,520
Speaker 2: see a million in one street that like cockroaches, but

833
00:41:56,640 --> 00:42:01,759
Speaker 2: the problem is you know those The problem is that

834
00:42:01,800 --> 00:42:04,000
Speaker 2: they are in the country and they're moving in the country,

835
00:42:04,000 --> 00:42:06,879
Speaker 2: but they're illegal. So whenever we tried and we were

836
00:42:06,880 --> 00:42:10,319
Speaker 2: doing right healing, right healing which was illegal for talk

837
00:42:10,360 --> 00:42:12,760
Speaker 2: talks which are illegal, so it was very.

838
00:42:12,600 --> 00:42:15,960
Speaker 3: Hard illegal yeah, perfect.

839
00:42:16,960 --> 00:42:22,840
Speaker 2: And then and then a certain investor that invested in

840
00:42:22,880 --> 00:42:26,680
Speaker 2: Gojack in Indonesia knew that they had something similar, so

841
00:42:26,719 --> 00:42:29,480
Speaker 2: they gave us money. And the family business, a family

842
00:42:29,520 --> 00:42:32,799
Speaker 2: office here, gave us money. And then we started to

843
00:42:33,040 --> 00:42:36,200
Speaker 2: become bigger and bigger and bigger until one point, And

844
00:42:36,480 --> 00:42:39,480
Speaker 2: I don't know why this happened, everyone wanted to invest

845
00:42:39,480 --> 00:42:43,440
Speaker 2: with us. I think it's it's a set of stuff,

846
00:42:43,480 --> 00:42:46,000
Speaker 2: like good branding. We did a very very famous song

847
00:42:46,080 --> 00:42:49,520
Speaker 2: called Selcat has fifty five million views on YouTube, and

848
00:42:49,640 --> 00:42:52,960
Speaker 2: we did a lot of work on the ground. Yeah,

849
00:42:53,000 --> 00:42:56,680
Speaker 2: it's like a song, and we did. We opened the

850
00:42:56,920 --> 00:42:59,360
Speaker 2: markets of Soudan, Ethiopia, and it was one of the

851
00:42:59,480 --> 00:43:03,560
Speaker 2: very few Egyptian startups to go abroad. Usually Uber is

852
00:43:03,560 --> 00:43:05,560
Speaker 2: coming to Egypt, Microsoft is coming to Egypt. But an

853
00:43:05,600 --> 00:43:08,680
Speaker 2: Egyptian startup to go to Sudan and Ethiopia, this was new.

854
00:43:09,400 --> 00:43:13,399
Speaker 2: And then things started. Money started to come in and

855
00:43:14,239 --> 00:43:18,840
Speaker 2: a certain company start started. We start to merge with

856
00:43:18,920 --> 00:43:22,799
Speaker 2: other companies that do the complete the process, like we

857
00:43:22,840 --> 00:43:25,359
Speaker 2: do the technology part. Other ones do micro finance, other

858
00:43:25,400 --> 00:43:29,880
Speaker 2: ones do consumer finance. So we created like a bigger ecosystem.

859
00:43:30,080 --> 00:43:33,680
Speaker 2: And this bigger ecosystem is now profitable and has technology,

860
00:43:33,960 --> 00:43:36,200
Speaker 2: and this is what made people really want to invest

861
00:43:36,280 --> 00:43:38,359
Speaker 2: with us. But we spent like I met one hundred

862
00:43:38,400 --> 00:43:41,080
Speaker 2: and thirty two investors that said no, we won't invest

863
00:43:41,120 --> 00:43:44,680
Speaker 2: with you. But at the end today it's the most

864
00:43:44,680 --> 00:43:46,840
Speaker 2: funded APPA because it works.

865
00:43:47,440 --> 00:43:50,919
Speaker 4: Few things that I got from that, A, you didn't

866
00:43:50,960 --> 00:43:52,640
Speaker 4: you didn't let one hundred and thirty two people that

867
00:43:52,719 --> 00:43:54,239
Speaker 4: say no turning to terry you.

868
00:43:54,360 --> 00:43:55,280
Speaker 3: That's very important.

869
00:43:55,600 --> 00:43:59,640
Speaker 4: And then B you say you collaborated so you realize

870
00:43:59,680 --> 00:44:02,000
Speaker 4: that you might not be the best in every single area,

871
00:44:02,040 --> 00:44:04,080
Speaker 4: so you can focus on one area, partner with another

872
00:44:04,080 --> 00:44:05,160
Speaker 4: company that does that.

873
00:44:05,160 --> 00:44:06,959
Speaker 3: And you could break that down on a micro level.

874
00:44:06,960 --> 00:44:08,760
Speaker 4: As far as our entrepreneurs, A lot of time people

875
00:44:08,760 --> 00:44:11,680
Speaker 4: try to do everything themselves, but they look at like

876
00:44:11,760 --> 00:44:13,960
Speaker 4: they don't want to give up anything. But you can

877
00:44:14,000 --> 00:44:15,840
Speaker 4: partner with somebody that might be better you in a

878
00:44:15,840 --> 00:44:19,279
Speaker 4: different area and it's less money, but it's going to

879
00:44:19,360 --> 00:44:21,760
Speaker 4: actually grow your company faster because they're adding value.

880
00:44:21,920 --> 00:44:26,799
Speaker 2: Yeah, Like speaking of Kanie US Easies, Khani is not

881
00:44:27,080 --> 00:44:30,440
Speaker 2: a manufacturer like easy it's just a marketing company that

882
00:44:30,440 --> 00:44:33,879
Speaker 2: creates goes designs and collaboration with Adidas and I love

883
00:44:33,920 --> 00:44:37,320
Speaker 2: them so and people buy them and if our stand alone,

884
00:44:37,400 --> 00:44:40,360
Speaker 2: they're a big company. So he knew his strength, he

885
00:44:40,440 --> 00:44:43,640
Speaker 2: knew how to do it, and he went to someone

886
00:44:43,680 --> 00:44:45,719
Speaker 2: to do the art that he doesn't know how to do.

887
00:44:46,200 --> 00:44:49,880
Speaker 2: And I think this is great. Like Beats by Dray doctor.

888
00:44:49,920 --> 00:44:54,359
Speaker 2: They didn't go and manufacture the headphones. So I think

889
00:44:54,400 --> 00:44:57,440
Speaker 2: this Apple is a marketing company. It's not an electronics company.

890
00:44:57,440 --> 00:44:59,920
Speaker 2: It's all made in China and the chips are in Taiwan.

891
00:45:00,280 --> 00:45:01,960
Speaker 2: But the end of the day, you want to put

892
00:45:01,960 --> 00:45:05,400
Speaker 2: the Apple on your MacBook to look trendy. So you

893
00:45:05,480 --> 00:45:07,520
Speaker 2: have to know your strength and know other people's strength.

894
00:45:07,600 --> 00:45:09,360
Speaker 2: And this is where partnerships wins.

895
00:45:09,800 --> 00:45:14,160
Speaker 5: Yes, you said easy, he's huge. In fact, you said

896
00:45:14,200 --> 00:45:16,839
Speaker 5: out of war the easies today for that reason, shut

897
00:45:17,000 --> 00:45:19,640
Speaker 5: it's easy. Well, I want to go really quickly because

898
00:45:19,840 --> 00:45:21,280
Speaker 5: I'm listening to what you're saying.

899
00:45:21,440 --> 00:45:23,760
Speaker 2: And we we were over there. If it's not broken,

900
00:45:23,880 --> 00:45:24,319
Speaker 2: or fix it.

901
00:45:24,719 --> 00:45:27,879
Speaker 5: But you were the creative director at Kareem and now

902
00:45:27,920 --> 00:45:29,520
Speaker 5: Hanan has right hailing.

903
00:45:29,640 --> 00:45:32,239
Speaker 2: So did you take what you learned that a right? Yes, right,

904
00:45:32,400 --> 00:45:33,920
Speaker 2: you have got uber. We said, let me take where

905
00:45:33,920 --> 00:45:35,680
Speaker 2: I'm working from right here and let me go make

906
00:45:35,680 --> 00:45:38,160
Speaker 2: it there. Yeah, what happened. I copied a lot of

907
00:45:38,200 --> 00:45:41,080
Speaker 2: what I learned, and I don't think it's something wrong

908
00:45:42,400 --> 00:45:45,680
Speaker 2: as long as it's not legally wrong. And this is

909
00:45:45,719 --> 00:45:48,520
Speaker 2: where experience is built. Like you will find all the

910
00:45:48,560 --> 00:45:52,800
Speaker 2: people in Egypt creating infrastructure companies. Worked for infrastructure companies

911
00:45:52,800 --> 00:45:57,239
Speaker 2: a broad but highland. Today Right Healing doesn't represent five

912
00:45:57,280 --> 00:46:00,319
Speaker 2: percent of the company, So we just found them entry

913
00:46:00,360 --> 00:46:02,920
Speaker 2: to the market, and then we grew. Like when you

914
00:46:02,960 --> 00:46:06,399
Speaker 2: look at Tom's shoes, for example, I think they found

915
00:46:06,440 --> 00:46:08,200
Speaker 2: an entry by the one for one model. But at

916
00:46:08,200 --> 00:46:11,359
Speaker 2: the end of the day, people don't care, like they're

917
00:46:11,440 --> 00:46:14,280
Speaker 2: just new tombs. So we started by a three wheeler

918
00:46:15,080 --> 00:46:17,560
Speaker 2: right hailing, which was very similar to what Kareem did,

919
00:46:17,600 --> 00:46:23,080
Speaker 2: but for cars, and then we expanded into everything else.

920
00:46:23,560 --> 00:46:26,200
Speaker 2: So you do what you know, and then you expand

921
00:46:26,239 --> 00:46:27,439
Speaker 2: on things that you learn.

922
00:46:28,920 --> 00:46:30,759
Speaker 3: Do what you know and then expanded the things that

923
00:46:30,800 --> 00:46:31,120
Speaker 3: you learned.

924
00:46:31,120 --> 00:46:33,640
Speaker 4: That's very important because even like you had a job essentially,

925
00:46:34,239 --> 00:46:35,880
Speaker 4: and you know a lot of people have jobs, but

926
00:46:35,920 --> 00:46:37,839
Speaker 4: then you know, being an entrepreneur, you can take what

927
00:46:37,880 --> 00:46:40,919
Speaker 4: you learned at your job, what you know at your job,

928
00:46:41,120 --> 00:46:44,319
Speaker 4: and develop a business based off of your training that

929
00:46:44,400 --> 00:46:45,880
Speaker 4: somebody else actually trained you up for.

930
00:46:46,160 --> 00:46:48,640
Speaker 2: Yeah, and like PayPal, they call it PayPal mafia, which

931
00:46:48,640 --> 00:46:51,560
Speaker 2: are the people who started from PayPal and did company's

932
00:46:51,600 --> 00:46:53,719
Speaker 2: Kareem here, they call it the Kareem cartel. This is

933
00:46:54,800 --> 00:46:58,040
Speaker 2: and like more than fifty people from Kareem went out

934
00:46:58,080 --> 00:47:00,680
Speaker 2: and made you made their own company because they knew

935
00:47:00,760 --> 00:47:02,760
Speaker 2: that it's possible, and they got some money from Kim

936
00:47:03,239 --> 00:47:06,240
Speaker 2: and they knew access to talent and they just started

937
00:47:06,239 --> 00:47:08,640
Speaker 2: doing their work. So you have to learn from others

938
00:47:09,000 --> 00:47:10,840
Speaker 2: and do it like I'm a huge I'm I'm a

939
00:47:10,880 --> 00:47:13,279
Speaker 2: huge fan of ilumask for example. I think that a

940
00:47:13,320 --> 00:47:16,279
Speaker 2: lot of people from Tesla will go out and do

941
00:47:16,440 --> 00:47:20,160
Speaker 2: electric things, electric cars, electric thrones, whatever, because this is

942
00:47:20,160 --> 00:47:20,759
Speaker 2: where you learn.

943
00:47:21,200 --> 00:47:25,319
Speaker 4: So it just makes sense speaking of Kanye's the same thing. Yeah,

944
00:47:26,160 --> 00:47:29,200
Speaker 4: Rockefeller shout out today. You know that tree and then

945
00:47:29,280 --> 00:47:33,600
Speaker 4: Kanye's tree. Look at Kanye Street, Virgil dn.

946
00:47:33,480 --> 00:47:38,719
Speaker 5: Ce, Uh, you got Big Sean on an artists standpoint. Uh,

947
00:47:39,000 --> 00:47:41,240
Speaker 5: you got John Legend from that Trie, you got comment

948
00:47:41,239 --> 00:47:44,240
Speaker 5: from Metrie. I mean there's so many Fair God, Jerry,

949
00:47:44,480 --> 00:47:45,160
Speaker 5: Jerry Lorenzo.

950
00:47:46,280 --> 00:47:51,000
Speaker 4: So all these guys come from Kanye absolutely absolutely. So

951
00:47:51,440 --> 00:47:54,359
Speaker 4: before we wrap, what do you what do you what's

952
00:47:54,400 --> 00:47:57,640
Speaker 4: your expectations are you? Are you hopeful for the for

953
00:47:57,680 --> 00:47:59,920
Speaker 4: the future of Egypt in ten years from now? We

954
00:48:00,040 --> 00:48:02,399
Speaker 4: come back, we do this interview. What do you think

955
00:48:02,480 --> 00:48:04,239
Speaker 4: the future of Egypt looks like I know, it was

956
00:48:04,280 --> 00:48:06,160
Speaker 4: a lot of you know things that have happened. You

957
00:48:06,200 --> 00:48:08,799
Speaker 4: guys had a revolution not too long ago, ten years ago.

958
00:48:08,800 --> 00:48:10,200
Speaker 4: If we think about it, like we talked about the

959
00:48:10,200 --> 00:48:16,440
Speaker 4: American Revolution, that's seventeen seventy six. Egypt resolution was twoenty eleven,

960
00:48:17,000 --> 00:48:20,200
Speaker 4: so it's still a lot. I'm assuming it's still going on.

961
00:48:20,360 --> 00:48:24,120
Speaker 4: So how's the post of the country and how optimistic

962
00:48:24,239 --> 00:48:26,160
Speaker 4: and how do you feel about the future of the country.

963
00:48:26,840 --> 00:48:29,560
Speaker 2: The amount of roads new roads in Egypt in the

964
00:48:29,640 --> 00:48:32,800
Speaker 2: last seven years built are more than the amount of

965
00:48:32,880 --> 00:48:36,920
Speaker 2: roads built in the previous seven years, So the infrastructure

966
00:48:36,960 --> 00:48:41,319
Speaker 2: growth is exponential. And a lot of people who were

967
00:48:41,400 --> 00:48:44,120
Speaker 2: working abroad came during the COVID tour from home in

968
00:48:44,160 --> 00:48:47,680
Speaker 2: Egypt and state. So talent is moving up, infrastructure is

969
00:48:47,680 --> 00:48:52,360
Speaker 2: moving up, economy is moving up, and there is a

970
00:48:52,360 --> 00:48:56,120
Speaker 2: lot of non stability in countries around us that are

971
00:48:56,560 --> 00:49:00,839
Speaker 2: letting people choose us by elimination for investment. So those

972
00:49:00,840 --> 00:49:04,080
Speaker 2: are all good things. I think the only thing we

973
00:49:04,160 --> 00:49:08,640
Speaker 2: need in Egypt is foreign investment and foreign learnings because

974
00:49:08,680 --> 00:49:11,480
Speaker 2: this is something that we lack and this is something

975
00:49:11,680 --> 00:49:14,720
Speaker 2: that would be a great differentiator. And speaking of America,

976
00:49:14,760 --> 00:49:18,600
Speaker 2: America as a huge country, I think you cannot compare

977
00:49:18,640 --> 00:49:22,720
Speaker 2: it to Egypt. But there are certain cities in America

978
00:49:22,760 --> 00:49:25,719
Speaker 2: like Copertino has Apple. It's based on Apple, and then

979
00:49:25,760 --> 00:49:28,160
Speaker 2: you will find a place like Mount of View is

980
00:49:28,160 --> 00:49:30,960
Speaker 2: based on Google. And then you go to Seattle, you'll

981
00:49:30,960 --> 00:49:34,319
Speaker 2: find Amazon and you'll find Starbucks. So I think that

982
00:49:34,880 --> 00:49:39,120
Speaker 2: if those companies like the Fallties of Egypt go up

983
00:49:39,160 --> 00:49:41,720
Speaker 2: and the highlands of Egypt go up, the whole economy

984
00:49:41,719 --> 00:49:44,759
Speaker 2: will go up. So ten years from today, I think

985
00:49:44,800 --> 00:49:45,680
Speaker 2: it will be much better.

986
00:49:45,960 --> 00:49:48,239
Speaker 5: When we spoke about the job creation, and I don't

987
00:49:48,239 --> 00:49:51,680
Speaker 5: want to gloss over, but that's huge. Right Are we

988
00:49:51,760 --> 00:49:54,920
Speaker 5: talking to about the country or specific parts of the country?

989
00:49:54,960 --> 00:49:55,120
Speaker 2: Right?

990
00:49:55,239 --> 00:49:58,360
Speaker 5: Cairo obviously is a huge city. I believe over twenty

991
00:49:58,400 --> 00:50:01,160
Speaker 5: million people. Are we talking the regions of Egypt? Are

992
00:50:01,160 --> 00:50:02,160
Speaker 5: we're specifically talking here?

993
00:50:02,160 --> 00:50:05,120
Speaker 2: In kind? The beauty of Cairo is that here this

994
00:50:05,320 --> 00:50:08,360
Speaker 2: tower four seasons, tour an apartment here is five million

995
00:50:08,400 --> 00:50:11,759
Speaker 2: dollars up to fifteen million dollars, and right here you'll

996
00:50:11,760 --> 00:50:16,320
Speaker 2: find an apartment the same space for fifty thousand dollars.

997
00:50:16,600 --> 00:50:20,560
Speaker 2: So things are very close here. So when you create jobs,

998
00:50:20,600 --> 00:50:23,800
Speaker 2: you create jobs everywhere, because the beauty of the Egyptian

999
00:50:24,120 --> 00:50:26,759
Speaker 2: population is that they're all weaved into each other, and

1000
00:50:26,800 --> 00:50:29,279
Speaker 2: they're all married from each other and into each other.

1001
00:50:29,320 --> 00:50:32,279
Speaker 2: So when you create a job at certain type of job,

1002
00:50:32,280 --> 00:50:35,640
Speaker 2: it just goes everywhere. This is genius.

1003
00:50:36,520 --> 00:50:39,200
Speaker 4: So you said that you're not a fan of real estate,

1004
00:50:39,239 --> 00:50:41,359
Speaker 4: but you just said that the rich Carlton has five

1005
00:50:41,360 --> 00:50:46,759
Speaker 4: million dollars, apartment goes up to fifteen million, So hey,

1006
00:50:46,760 --> 00:50:48,399
Speaker 4: why are you not a fan of real estate? And

1007
00:50:48,640 --> 00:50:51,239
Speaker 4: how is the real estate market in Egypt? Is it

1008
00:50:51,719 --> 00:50:53,160
Speaker 4: booming right now? Is it going up?

1009
00:50:53,280 --> 00:50:56,279
Speaker 2: Yes, it's going up big time. But I think that

1010
00:50:56,520 --> 00:51:00,160
Speaker 2: the value created by money in the business is much

1011
00:51:00,239 --> 00:51:02,200
Speaker 2: higher than the value created by money in real estate.

1012
00:51:02,200 --> 00:51:07,040
Speaker 2: This is a personal opinion, and I like to invest

1013
00:51:07,120 --> 00:51:10,120
Speaker 2: in things that create value because money is a byproduct.

1014
00:51:10,320 --> 00:51:14,239
Speaker 2: Money is not a goal. You cannot wake up in

1015
00:51:14,280 --> 00:51:15,759
Speaker 2: the morning and say today I want to make two

1016
00:51:15,800 --> 00:51:17,759
Speaker 2: hundred pounds. This This is not how I see it

1017
00:51:18,040 --> 00:51:19,799
Speaker 2: and say I want to create value and that's this

1018
00:51:19,920 --> 00:51:23,200
Speaker 2: value with create two hundred pounds along the way. So

1019
00:51:23,320 --> 00:51:26,880
Speaker 2: I think that real estate it's not my thing. I'm

1020
00:51:26,880 --> 00:51:29,640
Speaker 2: a tech guy. I believe that technology is very important,

1021
00:51:29,719 --> 00:51:33,799
Speaker 2: And I come from a generation that doesn't really like ownership,

1022
00:51:34,160 --> 00:51:38,200
Speaker 2: Like we're changing how things are happening. We want Airbnb,

1023
00:51:38,840 --> 00:51:41,759
Speaker 2: you stay in one week and then go to another thing,

1024
00:51:41,960 --> 00:51:46,040
Speaker 2: use careem and Uber. Everything is like on demand sharing economy.

1025
00:51:46,239 --> 00:51:48,719
Speaker 2: So I think that the real value is to pay

1026
00:51:48,960 --> 00:51:53,040
Speaker 2: money in platforms and companies and things that create more

1027
00:51:53,080 --> 00:51:55,000
Speaker 2: and more and more and more value and real estate.

1028
00:51:55,920 --> 00:51:57,759
Speaker 2: I'm not a fan of it, honestly. I think that

1029
00:51:57,840 --> 00:52:00,360
Speaker 2: it's you're putting money in a block of lots of

1030
00:52:00,360 --> 00:52:04,520
Speaker 2: concrete that if you don't want to use it, then

1031
00:52:04,680 --> 00:52:07,359
Speaker 2: don't buy it. That's how I see it. But I'm

1032
00:52:07,360 --> 00:52:11,560
Speaker 2: a very I'm a crazy person. Don't go with me

1033
00:52:11,600 --> 00:52:14,040
Speaker 2: on this. Yeah, my wife thinks that this is stupid,

1034
00:52:14,080 --> 00:52:17,319
Speaker 2: for example, but it is all this there.

1035
00:52:17,360 --> 00:52:19,360
Speaker 3: You have it, different strokes with different folks.

1036
00:52:19,360 --> 00:52:21,120
Speaker 4: But you have to go and what you're passionate about,

1037
00:52:21,160 --> 00:52:23,319
Speaker 4: what you like and what you don't believe in.

1038
00:52:23,440 --> 00:52:25,520
Speaker 3: And there's no money like tech money.

1039
00:52:25,520 --> 00:52:28,880
Speaker 2: So tech money today, but how long will it stay?

1040
00:52:29,600 --> 00:52:31,840
Speaker 2: So maybe ten years from the day there is a

1041
00:52:31,880 --> 00:52:35,319
Speaker 2: new thing that's called something else that takes over the

1042
00:52:35,360 --> 00:52:36,920
Speaker 2: tech type metaverse.

1043
00:52:36,920 --> 00:52:38,360
Speaker 3: How you feel about the metaverse.

1044
00:52:38,800 --> 00:52:41,400
Speaker 2: I'm afraid of it because I'm a VR user. I'm

1045
00:52:41,440 --> 00:52:46,879
Speaker 2: a heavy VR user since as a commercial product, and

1046
00:52:47,000 --> 00:52:50,160
Speaker 2: I love it, honestly, I love it. And it takes

1047
00:52:50,160 --> 00:52:51,759
Speaker 2: you away from the world and it makes you do

1048
00:52:51,800 --> 00:52:54,360
Speaker 2: whatever you want. And this is scary. Yeah, you know,

1049
00:52:54,400 --> 00:52:56,719
Speaker 2: what are you afraid because of escapism? Is that what

1050
00:52:56,719 --> 00:52:59,439
Speaker 2: you're saying? Yeah, Like, whenever you feel like you don't

1051
00:52:59,520 --> 00:53:01,800
Speaker 2: like you family, you can put on the goggles and

1052
00:53:01,840 --> 00:53:05,959
Speaker 2: see another family. So it's very sky.

1053
00:53:06,880 --> 00:53:08,960
Speaker 4: A friend of ours shout out the nineteen Keys. He

1054
00:53:09,000 --> 00:53:11,400
Speaker 4: said he tried the Holow lens of Microsoft. It's not

1055
00:53:11,400 --> 00:53:14,560
Speaker 4: out yet, but it's like the Microsoft Class hollow and

1056
00:53:14,600 --> 00:53:17,399
Speaker 4: he said it makes reality very bore.

1057
00:53:18,120 --> 00:53:22,600
Speaker 2: Yeah. I use the Quest which is the Oculus the Facebook,

1058
00:53:23,120 --> 00:53:26,320
Speaker 2: and I always buy the new one and I play

1059
00:53:26,400 --> 00:53:30,640
Speaker 2: games on it, and I use I watch YouTube whenever,

1060
00:53:31,080 --> 00:53:34,000
Speaker 2: like if you watch the three sixty, we are videos

1061
00:53:34,040 --> 00:53:37,040
Speaker 2: of cities. There is a certain one of Hong Kong.

1062
00:53:37,280 --> 00:53:39,840
Speaker 2: There are many of them. You feel you travel there,

1063
00:53:40,000 --> 00:53:42,680
Speaker 2: which is very weird, and you move and you feel

1064
00:53:42,680 --> 00:53:45,000
Speaker 2: that you're going to touch people. And whenever it improves,

1065
00:53:45,040 --> 00:53:48,000
Speaker 2: it will become just better and better. And it's scary.

1066
00:53:47,800 --> 00:53:50,520
Speaker 2: But we have to face it. There are two ways

1067
00:53:50,640 --> 00:53:54,439
Speaker 2: to expand. Those billionaires have to expand. There are others

1068
00:53:54,480 --> 00:53:57,799
Speaker 2: through space going to Mars or through the metaverse, because

1069
00:53:57,800 --> 00:54:00,120
Speaker 2: they have to create their own universes. And this is

1070
00:54:00,200 --> 00:54:00,560
Speaker 2: very tough.

1071
00:54:00,680 --> 00:54:02,040
Speaker 5: You said you are a gamer, so I'm gonna go

1072
00:54:02,120 --> 00:54:04,040
Speaker 5: back to it. What were you playing? What were we playing?

1073
00:54:04,560 --> 00:54:07,759
Speaker 2: I play with Craft okay, and you're a real gamer. Yeah,

1074
00:54:07,840 --> 00:54:12,120
Speaker 2: and I love Goal of Duty and I think it's

1075
00:54:12,160 --> 00:54:15,200
Speaker 2: anger management more than you the guy.

1076
00:54:15,960 --> 00:54:18,759
Speaker 4: Every time you said something that was very profound, and uh,

1077
00:54:18,880 --> 00:54:20,640
Speaker 4: this is I know Ian would love this.

1078
00:54:20,800 --> 00:54:22,040
Speaker 3: Shout out to market mondays.

1079
00:54:22,120 --> 00:54:25,239
Speaker 4: Uh, you said billionaires they have two options of how

1080
00:54:25,239 --> 00:54:29,600
Speaker 4: they can expand in the universe the actual verse, which

1081
00:54:29,640 --> 00:54:34,640
Speaker 4: that's why we see Tesla, Tesla, Elon Musk, SpaceX and

1082
00:54:34,760 --> 00:54:39,239
Speaker 4: Jeff Bezos and all these guys fascinated with space and.

1083
00:54:39,160 --> 00:54:41,239
Speaker 3: Then in the metaverse.

1084
00:54:41,840 --> 00:54:44,239
Speaker 4: Yeah, and that's why we see Mark Zuckerberg and now

1085
00:54:44,320 --> 00:54:47,440
Speaker 4: Microsoft and Phil Knight just fouled for the virtual trademark

1086
00:54:47,480 --> 00:54:49,719
Speaker 4: for the mic. So that's kind of crazy if you

1087
00:54:49,760 --> 00:54:53,640
Speaker 4: think about it, like they're moving into different universes, the

1088
00:54:53,680 --> 00:54:56,120
Speaker 4: metaverse and the actual universe, and.

1089
00:54:56,520 --> 00:54:59,000
Speaker 2: The trillionaire the first trillion row will feed. It will

1090
00:54:59,040 --> 00:55:01,600
Speaker 2: be the person who takes the most traction. Like if

1091
00:55:01,600 --> 00:55:03,200
Speaker 2: people want to go to Mars and they're willing to

1092
00:55:03,200 --> 00:55:05,359
Speaker 2: pay a million dollars to go to Mars, Elon Musk

1093
00:55:05,680 --> 00:55:07,680
Speaker 2: business will be a billionaire. If people want to pay

1094
00:55:07,719 --> 00:55:10,440
Speaker 2: up ten thousand dollars then use an oculus, then Mark

1095
00:55:10,480 --> 00:55:11,200
Speaker 2: would be a trillionaire.

1096
00:55:11,239 --> 00:55:12,759
Speaker 3: Well, you know it's so crazy, right, how much is

1097
00:55:12,800 --> 00:55:13,839
Speaker 3: Elon must worth right now?

1098
00:55:14,400 --> 00:55:15,640
Speaker 2: Estimated three hundred billion.

1099
00:55:15,840 --> 00:55:19,760
Speaker 4: He's worth three hundred billion right now, But they already

1100
00:55:19,760 --> 00:55:22,799
Speaker 4: have him being on pace to be a trillionaire, not

1101
00:55:22,920 --> 00:55:27,719
Speaker 4: based off Tesla, based off stock sex, SpaceX and SpaceX.

1102
00:55:28,280 --> 00:55:29,440
Speaker 3: Is it even profitable.

1103
00:55:29,640 --> 00:55:31,880
Speaker 5: It's not even ido yet. So the division is if

1104
00:55:31,880 --> 00:55:33,000
Speaker 5: it IPOs but.

1105
00:55:32,960 --> 00:55:34,279
Speaker 3: That's what I'm saying. They say it's going to have

1106
00:55:34,320 --> 00:55:35,320
Speaker 3: double the value.

1107
00:55:35,200 --> 00:55:37,239
Speaker 2: TAD, then you trillion. There would be someone we don't

1108
00:55:37,280 --> 00:55:40,279
Speaker 2: know or does something you never know. Maybe it's a

1109
00:55:40,280 --> 00:55:41,200
Speaker 2: spin tech guy.

1110
00:55:42,040 --> 00:55:45,560
Speaker 4: I don't know, But that just goes to show you

1111
00:55:46,040 --> 00:55:51,600
Speaker 4: the expectations for space exploration. If they're already valuing a

1112
00:55:51,640 --> 00:55:56,359
Speaker 4: company that's not even public more than Tesla, then they're

1113
00:55:56,360 --> 00:56:00,440
Speaker 4: already expecting that to be way more valuable than Tesla

1114
00:56:00,840 --> 00:56:02,839
Speaker 4: and it hasn't even really taken off yet.

1115
00:56:03,000 --> 00:56:05,600
Speaker 5: We've seen the companies we saw Tesla is still trying

1116
00:56:05,600 --> 00:56:07,399
Speaker 5: to do it with Virgin Goal acting the same thing

1117
00:56:07,440 --> 00:56:10,440
Speaker 5: they try to do it. They're trying to remember I

1118
00:56:10,480 --> 00:56:12,359
Speaker 5: told you that, Like Kings Comedy was like a joke

1119
00:56:12,360 --> 00:56:14,160
Speaker 5: when Cedrick Didstan it was saying like, yeah, they're trying

1120
00:56:14,160 --> 00:56:15,920
Speaker 5: to leave us and go to Mars. Like no, that

1121
00:56:15,960 --> 00:56:17,759
Speaker 5: was nineteen ninety seven. It was a joke, but like, no,

1122
00:56:17,880 --> 00:56:20,160
Speaker 5: this is really happening now, and so we don't.

1123
00:56:19,960 --> 00:56:21,239
Speaker 2: Get ahead of it, we don't become a partner.

1124
00:56:21,239 --> 00:56:22,200
Speaker 5: I feel like there was the same thing when we

1125
00:56:22,239 --> 00:56:24,960
Speaker 5: had the Bigcoin conversation in twenty sixteen. We were like, look,

1126
00:56:25,000 --> 00:56:27,480
Speaker 5: if we don't tell people about this, we're doing itself

1127
00:56:27,520 --> 00:56:29,560
Speaker 5: on ourselves to the service to our community, right, Like

1128
00:56:29,600 --> 00:56:31,600
Speaker 5: we need to make sure everybody knows so that they

1129
00:56:31,600 --> 00:56:33,880
Speaker 5: don't get left. Yeah, and so like the fact that

1130
00:56:33,920 --> 00:56:35,719
Speaker 5: we're talking about it now is the same concept, Like

1131
00:56:35,760 --> 00:56:37,520
Speaker 5: we have to make sure that people are understand what's

1132
00:56:37,520 --> 00:56:39,319
Speaker 5: happening so they don't get left. So like when you're

1133
00:56:39,320 --> 00:56:41,520
Speaker 5: talking about NFTs and we're talking about the metaverse of people.

1134
00:56:41,560 --> 00:56:43,320
Speaker 5: It's not like he's crazy.

1135
00:56:43,400 --> 00:56:47,280
Speaker 4: No, But we just were talking about flying cars yesterday.

1136
00:56:47,320 --> 00:56:49,799
Speaker 4: We just had this conversation about flying cars. If you

1137
00:56:49,840 --> 00:56:53,520
Speaker 4: watch the checkson tell you it's just with you, right, yeah,

1138
00:56:53,600 --> 00:56:55,279
Speaker 4: right right, heah. We had a comptation right there because

1139
00:56:55,320 --> 00:56:57,040
Speaker 4: a company that just filed the path for a first

1140
00:56:57,080 --> 00:56:59,640
Speaker 4: flying car, they already have the technology, but it's just

1141
00:56:59,640 --> 00:57:01,960
Speaker 4: not but long story short, it's already in the words

1142
00:57:02,000 --> 00:57:04,400
Speaker 4: for the first So when we watched The Jetsons, that

1143
00:57:04,680 --> 00:57:07,640
Speaker 4: was like, you know, it was like, but it's one

1144
00:57:07,680 --> 00:57:10,319
Speaker 4: of these things where in the future, everything that's in

1145
00:57:10,360 --> 00:57:14,319
Speaker 4: a movie is gonna happen eventually. Yea, they already thought

1146
00:57:14,320 --> 00:57:15,480
Speaker 4: of it. If the human mind could think of it.

1147
00:57:15,520 --> 00:57:17,080
Speaker 4: I mean, it's possible. So I say, I have to

1148
00:57:17,120 --> 00:57:20,760
Speaker 4: say the first flying car will probably be out relatively soon.

1149
00:57:21,600 --> 00:57:24,320
Speaker 2: Like Black Mirror is is real, yeah, and that the

1150
00:57:24,320 --> 00:57:27,040
Speaker 2: player one is really like someone has to be inspired.

1151
00:57:27,080 --> 00:57:32,280
Speaker 5: There you have him coming back with can we bring

1152
00:57:32,360 --> 00:57:32,840
Speaker 5: him back now?

1153
00:57:34,240 --> 00:57:35,800
Speaker 3: Muhammad? It's been a pleasure.

1154
00:57:35,840 --> 00:57:37,320
Speaker 4: What would you like to what would you like to

1155
00:57:37,360 --> 00:57:40,320
Speaker 4: tell the people how what would you like to you know,

1156
00:57:40,400 --> 00:57:42,240
Speaker 4: to talk about the company a little bit. Your social

1157
00:57:42,240 --> 00:57:45,040
Speaker 4: media handles all of that and any last words of encouragement,

1158
00:57:45,080 --> 00:57:47,080
Speaker 4: any last words for Egypt.

1159
00:57:48,120 --> 00:57:51,800
Speaker 2: I was just telling Troy like, I'm not a podcast guy.

1160
00:57:51,840 --> 00:57:54,880
Speaker 2: I'm very shy. I'm a trained introvert. I was reven

1161
00:57:55,560 --> 00:57:58,320
Speaker 2: I'm a colder. I'm an engineer. But I found that

1162
00:57:58,520 --> 00:58:01,000
Speaker 2: I have to speak in order for others to know

1163
00:58:01,800 --> 00:58:05,200
Speaker 2: because there is a certain bandwidth the humans. If bad

1164
00:58:05,240 --> 00:58:08,680
Speaker 2: people speak all the time, then people will just be bad.

1165
00:58:08,960 --> 00:58:11,440
Speaker 2: If good people speak all the time, then good people

1166
00:58:11,480 --> 00:58:14,120
Speaker 2: will be more So. I think that anyone who has

1167
00:58:14,160 --> 00:58:16,640
Speaker 2: something or has a certain story, they have to say

1168
00:58:16,640 --> 00:58:19,080
Speaker 2: it and they have to talk to people about it.

1169
00:58:19,720 --> 00:58:24,200
Speaker 2: And maybe someone gets inspired by this and you change

1170
00:58:24,880 --> 00:58:27,000
Speaker 2: or her life. And honestly, what your guys are doing

1171
00:58:27,120 --> 00:58:31,480
Speaker 2: is genius. Because I don't believe in universities. I think

1172
00:58:31,480 --> 00:58:33,520
Speaker 2: twenty days, twenty years from today, no one will go

1173
00:58:33,600 --> 00:58:36,640
Speaker 2: to universities and people who will learn from things like you,

1174
00:58:37,320 --> 00:58:40,680
Speaker 2: things like this, and this is where the real value

1175
00:58:40,720 --> 00:58:43,680
Speaker 2: is created. Because I'm an engineer who is now sitting

1176
00:58:43,680 --> 00:58:48,440
Speaker 2: on a podcast that had Shack O'Neil before, it doesn't

1177
00:58:48,440 --> 00:58:52,960
Speaker 2: make sense. But because you chose to let me sit

1178
00:58:53,000 --> 00:58:55,880
Speaker 2: here and say my story, so you have to stay

1179
00:58:55,960 --> 00:58:58,840
Speaker 2: your story and speak to others. And although I'm really

1180
00:58:58,840 --> 00:59:01,160
Speaker 2: shy now, I'm afraid to look two people in their faces.

1181
00:59:01,520 --> 00:59:04,240
Speaker 2: But I have to prey myself and I have to

1182
00:59:04,280 --> 00:59:06,439
Speaker 2: overcome this and move out of my comfort zone.

1183
00:59:06,440 --> 00:59:10,840
Speaker 3: And thank you, thank you, thank you, e y l Egypt.

1184
00:59:11,000 --> 00:59:14,320
Speaker 3: Soon come. This is magical. Don't be surprised if you

1185
00:59:14,480 --> 00:59:15,439
Speaker 3: if we have a check.

1186
00:59:15,960 --> 00:59:18,840
Speaker 5: I look back and I saw the sunseting. I lost

1187
00:59:18,840 --> 00:59:19,960
Speaker 5: one second. It was incredible.

1188
00:59:19,960 --> 00:59:20,360
Speaker 2: I'm sorry.

1189
00:59:20,400 --> 00:59:21,040
Speaker 3: Did you see.

1190
00:59:22,400 --> 00:59:26,280
Speaker 2: A picture? You got me? Mom? Man, It's a beautiful place.

1191
00:59:26,640 --> 00:59:31,760
Speaker 3: Amazing Now, this is amazing. Thank you guys. I saw.

1192
00:59:33,400 --> 00:59:38,040
Speaker 2: My graduates from our school being forced bad drop bag

1193
00:59:38,160 --> 00:59:39,520
Speaker 2: drop my draft.

1194
00:59:40,000 --> 00:59:40,560
Speaker 3: Bad drop.

1195
00:59:51,800 --> 00:59:55,680
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